The Northern Miner June 22 2020 Issue 13

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New Gold sells Blackwater to Artemis for $190M in cash M&A

Rio Tinto destroys 46,000-year-old Aboriginal site in Australia

| Proven and probable reserves of the project are 8.2 million oz. gold and 60.8 million oz. silver

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| Cave shelters were older than Stonehenge, the Colosseum or Machu Picchu

BY CECILIA JAMASMIE

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An aerial view of New Gold’s Blackwater gold project, 160 km southwest of Prince George, British Columbia. NEW GOLD

BY NORTHERN MINER STAFF

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ew Gold (TSX: NGD; NYSEAM: NGD) is selling its Blackwater project in central B.C. to Artemis Gold (TSXV: ARTG) for $190 million in cash.

Under the deal, New Gold will be paid $140 million upon closing and $50 million in 12 months. It will also receive a stream on 8% of the gold produced at Blackwater and $20 million in Artemis shares for a 9.9% stake in the company. The gold stream falls to 4% once New Gold receives the first 280,000 oz. gold.

“We believe that surfacing value for Blackwater today, while retain-

ing exposure to the project through a retained gold stream and an equity position in Artemis, allows the company to transition to the next phase of our growth plan as we continue to reposition the company for shareholder value creation,” Renaud Adams, New Gold’s president and CEO, stated in prepared remarks.

The project is 160 km southwest of Prince George and 446 km northeast of Vancouver and has 8.2 million oz. gold in proven and probable reserves and 60.8 million oz. silver.

The project’s measured and indicated resource, exclusive of reserves, stands at 1.4 million oz. gold and 8.9 million oz. silver.

Artemis plans to update a 2014 feasibility study on Blackwater that forecast a 17-year mine life with direct processing for the first 14 years, and the processing of stockpiled ore thereafter.

The study outlined production of 485,000 oz. gold per year over the first nine years at total cash costs of US$555 per oz. and all-in sustaining costs (AISCs) of US$685 per ounce.

Life-of-mine gold and silver production was estimated to run to 7 million oz. gold and 30 million oz. silver, respectively.

The study envisioned a convenSe e M&A / 2

Mining.com

io Tinto (NYSE: RIO; LSE: RIO) has apologized for accidentally blowing up a 46,000-year-old sacred indigenous site with dynamite while carrying out work to expand its iron ore operation in Australia’s Pilbara region.

The world’s second-largest miner destroyed two ancient caves last month in Juukan Gorge, 1,075 km north of Perth. The rock shelters contained artifacts considered evidence of habitation dating back thousands of years.

Among them, there was 4,000-yearold plaited human hair with genetic links to the present day traditional owners, the Puutu Kunti Kurrama and Pinikura (PKKP) peoples, ABC News (Australia) reported.

“They were not only extremely important sites for Aboriginal communities, but also they were extremely important sites for archaeological understanding of the distant past in Australia,” Peter Stone, the UNESCO chair in Cultural Property Protection and Peace at Newcastle University in the U.K. told the news outlet.

Rio was granted approval for work at the Brockman 4 iron ore project in 2013. Subsequent archaeological excavation revealed ancient artifacts at the site, including grinding stones and a bone sharpened into a tool.

“We are sorry for the distress we have caused,” Rio Tinto Iron Ore chief executive, Chris Salisbury, said in a statement on May 31.

“Our relationship with the PKKP matters a lot to Rio Tinto, having worked together for many years,” Salibury said. “We will continue to work with the PKKP to learn from

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what has taken place and strengthen our partnership. As a matter of urgency, we are reviewing the plans of all other sites in the Juukan Gorge area.”

Former Prime Minister Kevin Rudd, the country’s first leader to apologize to generations of Aboriginal and Torres Strait Islander children forcefully taken from their parents by white Australians last century, said Rio Tinto’s “corporate arrogance had robbed all Australians.”

“Juukan Gorge’s shelters [are] nine-times older than Stonehenge, 23-times older than the Colosseum and 75-times older than Machu Picchu,” he posted on his official Twitter account.

The state government hopes to pass its new Aboriginal cultural heritage bill this year, although the coronavirus pandemic has delayed the consultation process. TNM — This article first appeared in our sister publication, MINING.com.

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Vale’s Brumadinho dam after bursting, January 2019.

WIKIMEDIA COMMONS.

Vale raises emergency alert level at inactive tailings dams ENVIRONMENT

BY CECILIA JAMASMIE

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MINING.com

razilian mining giant Vale (NYSE: VALE) has issued a level one emergency alert for three inactive tailings dams in the country’s southeastern state of Minas Gerais.

The miner, the world’s largest iron ore producer, said the populations downstream of dams 6 and 7A at the Aguas Claras mine, at Nova Lima and the Area IX dam at the Fábrica mine in Ouro Preto, did not need to be evacuated.

“The decision to raise the level of emergency is a preventive measure until the technical analysis of the structures is completed,” Vale said in a statement.

The company said it did not expect any impact on its 2020 production plan, which has been forecast at

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tional truck and shovel open pit mine, with a 60,000 tonne per day whole ore leach processing plant at full capacity.

The project received a federal decision statement and a provincial Environmental Assessment certificate in June 2019, but still requires additional permits and authorizations from both levels of government prior to construction and operation.

Artemis chairman and CEO Steven Dean, said the acquisition “is the first meaningful step in our strategy to develop a first tier gold deposit in one of the world’s premier low-risk mining jurisdictions,” and noted the company’s focus will be “the methodical de-risking of the project development to enhance NPV, optimize IRR and minimize equity distribution to shareholders.”

Prior to Artemis, Dean was chairman, CEO and founder of Atlantic

| Three sites in Brazilian state of Minas Gerais affected

between 310 and 330 million tonnes iron ore. That projection, revised in April, considers as much as 15 million lost tonnes from eventual Covid-19 impacts.

The announcement is the latest in a series of emergency level protocols being activated for Vale dams, with the miner’s facilities under increased scrutiny since the Brumadinho tailings dam collapse in January 2019, which killed at least 270 people and caused widespread damage.

The mining giant faces multiple legal actions over the incident, the deadliest in Brazil’s mining history.

They include allegations that Vale was aware of the dam’s unstable condition years before the accident happened.

In January, state prosecutors charged Fabio Schvartsman, the chief executive at Vale at the time of the burst, and 15 other people, with homicide. Schvartsman left his

position at the company in March 2019.

They also charged Vale and its German contractor, TUV SUD, with environmental crimes, as the burst unleashed an avalanche of muddy mining waste that polluted the nearby town of Brumadinho, water streams and agricultural land.

In May, a Brazilian judge ordered the company to set aside 7.9 billion reais (US$1.5 billion) to pay potential fines related to last year’s disaster.

The figure added to the 1 billion reais (US$260 million at the time) in frozen funds a federal court ordered Vale to pay affected communities shortly after the deadly incident.

The Rio de Janeiro-based company is also facing pressure on other fronts. Recently, it was ordered to shutter its Itabira complex, which accounts for about 10% of production due to an outbreak of Covid-19.

Gold, which was sold to St. Barbara (ASX: SBM) in 2019 for $802 million, after the company built its Moose River Consolidated Mine on time and on budget.

Ryan Hanley of Laurentian Bank Securities described the transaction as a “great deal” for New Gold.

“We calculate that New Gold is selling Blackwater for approximately C$264 million versus the C$72 million that we had previously valued it at,” the mining analyst wrote in a research note to clients.

He pointed out that the 2014 feasibility study had estimated upfront capital costs of US$1.9 million.

“Given the significant upfront capex hurdle, we had valued Blackwater at a conservative US$5 per oz., equating to approximately US$53 million, or C$72 million.”

Farooq Hamed of Raymond James pointed out in a research note that New Gold acquired Blackwater in 2011 through its acquisition of Rich-

field Ventures in an all-share deal that was originally valued at about $513 million.

The mining analyst estimates that the total consideration for Blackwater in the current transaction is “in-line with our carrying value for Blackwater of $200 million in our New Gold NAV.” “Despite the sale valuation being in-line, we view the transaction as a positive for New Gold, as we do not believe the value for Blackwater was being completely reflected in New Gold’s share price,” he wrote.

“Further, with there still being something of a debt overhang on New Gold, we expect the injection of C$190 million over the next 15-18 months should reduce some of that discount.”

Hamed raised his target price on New Gold following the news from $1.25 per share to $1.50 per share after increasing his multiples to “reflect less balance sheet risk.” TNM

The tragic incident has triggered over the past year several criminal investigations, including a global inquiry into the status of 726 tailing dams.

It has also put the safety of those structures under the microscope.

The International Council on Mining and Metals (ICMM), a London-based industry group representing 27 major mining companies, formed an independent panel of experts in charge of developing global standards for tailings facilities.

The Church of England, which invests in mining companies through its pensions for retired clergy, along with its partners, launched a global inquiry in April 2019 into the mining waste storage systems of more than 700 resources companies.

It now asks companies to disclose data on tailings dams on a

regular basis.

Switzerland-based Responsible Mining Foundation (RMF) published a study in early April this year, showing that investor-led action had resulted in improved transparency regarding the state of such facilities.

The vast majority of miners, however, have yet to demonstrate they are reviewing how they effectively manage tailings-related risks.

The non-profit, funded by the Dutch and Swiss governments and some small philanthropic organizations, said that while a global standard on tailings management is a welcome initiative, it could be strengthened to become significant in terms of tailings safety. TNM — This article first appeared in our sister publication, MINING.com.

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It’s time for the mining industry to address systemic racism | Concrete actions needed to break down barriers

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hen Trent Mell, the president and CEO of First Cobalt, contacted our newspaper last week and asked what our thoughts were on tackling the George Floyd protests as they relate to the mining industry, and said he was thinking about both what he could do as an individual and what the industry

BY TRISH SAYWELL could do as a whole about the barriers put up by tsaywell@northernminer.com systemic discrimination, I told him that a good first step would be to write an opinion piece on the subject and we would publish it. He agreed and turned in a piece straight from his heart.

What is remarkable is that Mell was the only one.

What happened to Floyd, a black man who died after a white police officer knelt on his neck for nearly nine minutes, has ignited calls for racial justice. His death has resonated around the world and triggered protests in hundreds of cities.

None of us can be silent. As former U.S. Vice President Joseph R. Biden Jr. has said, “We can’t fail victims, like what Martin Luther King called ‘the appalling silence of good people.’… With our complacency, our silence, we are complicit in perpetuating these cycles of violence.”

It’s not too late. And it’s not hard to find inspiration. I dedicate this space to those who have spoken out. n “We cannot tolerate or turn a blind eye to racism and exclusion in any form and yet claim to defend the sacredness of every human life.” (Pope Francis) n “It’s natural to wish for life ‘to just get back to normal’ as a pandemic and economic crisis upend everything around us. But we have to remember that for millions of Americans, being treated differently on account of race is tragically, painfully, maddeningly ‘normal’ – whether it’s while dealing with the health care system, or interacting with the criminal justice system, or jogging down the street, or just watching birds in a park.” (Former U.S. President Barack Obama) n “No one deserves to die the way George Floyd did. And the truth is, if you’re white in America, the chances are you won’t.” (Former U.S. President Bill Clinton) n “We all must shine a spotlight on the immorality of racial discrimination … As a white male of the South, I know all too well the impact of segregation and injustice to African Americans. As a politician, I felt a responsibility to bring equity to my state and our country. We need a government as good as its people and we are better than this.” (Former U.S. President Jimmy Carter) n “It remains a shocking failure that many African-Americans, especially young African-American men, are harassed and threatened in their own country … Doctrine and habits of racial superiority, which once nearly split our country, still threaten our union.” (Former U.S. President George W. Bush) n “The unfinished work of racial justice and equality call us all to account.

Things must change.” (Tim Cook, CEO of Apple) n “The last few weeks have taught us that what we, as individuals and a community, choose to do at this time, will define the world in which we live.” (David Gibbs, CEO of Yum Brands) n “There are in fact barriers that are faced by African Americans even though we don’t have laws that separate people on the basis of race anymore. We still have customs. We still have beliefs. We still have policies. We still have practices that lead to inequity.” (Kenneth Frazier, CEO of Merck) n “We all watch in horror and consternation what’s going on in the United States. It is a time for us as Canadians to recognize that we too have our challenges. There is systemic racism in Canada.” (Canadian Prime Minister Justin Trudeau) TNM

COMPANY INDEX Agnico Eagle Mines. . . . . . . . . . . . . . . . . 5 Alamos Gold. . . . . . . . . . . . . . . . . . . . . . . 5 Altius Minerals . . . . . . . . . . . . . . . . . . . . 15 Artemis Gold . . . . . . . . . . . . . . . . . . . . .1,2 B2Gold. . . . . . . . . . . . . . . . . . . . . . . . 10,12 Barrick Gold . . . . . . . . . . . . . . . . . . . . . . . 5 BHP . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 Calibre Mining . . . . . . . . . . . . . . . . . . . . 12 Carube Copper. . . . . . . . . . . . . . . . . . . . . 9 Centerra Gold. . . . . . . . . . . . . . . . . . . . . 10 Champion Iron. . . . . . . . . . . . . . . . . . . . . 5 Crown Mining . . . . . . . . . . . . . . . . . . . . . 9 EHR Resources. . . . . . . . . . . . . . . . . . . . 15 Euro Sun Mining . . . . . . . . . . . . . . . . 9,10 Evolution Mining. . . . . . . . . . . . . . . . . . . 5 Exore Resources . . . . . . . . . . . . . . . . . . . . 6 First Cobalt . . . . . . . . . . . . . . . . . . . . . . . . 4 Franco-Nevada . . . . . . . . . . . . . . . . . . . .5,8 Gran Columbia Gold . . . . . . . . . . . . . . . 6 Guyana Goldfields . . . . . . . . . . . . . . . . . . 6 HudBay . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 IAMGOLD . . . . . . . . . . . . . . . . . . . . . 5,12 Josemaria Resources . . . . . . . . . . . . . . . 10 Kinross Gold. . . . . . . . . . . . . . . . . . . . . . . 5 Libero Copper & Gold . . . . . . . . . . 10,11 Lucara Diamond . . . . . . . . . . . . . . . . . . 13

Lumina Gold . . . . . . . . . . . . . . . . . . . . . 11 Mistango River Resources . . . . . . . . . . . 5 Mountain Province Diamonds . . . . . . 15 New Gold . . . . . . . . . . . . . . . . . . . . . . . .1,2 Newcrest Mining . . . . . . . . . . . . . . . . . . . 8 Newmont . . . . . . . . . . . . . . . . . . . . . . . . 12 North Arrow Minerals . . . . . . . . . . . . . 15 Orefinders Resources . . . . . . . . . . . . . . . 5 Orestone Mining . . . . . . . . . . . . . . . . . . 11 Osisko Mining . . . . . . . . . . . . . . . . . . . . . 5 Pangolin Diamonds . . . . . . . . . . . . . 15,16 Perseus Mining. . . . . . . . . . . . . . . . . . . . . 6 Probe Metals . . . . . . . . . . . . . . . . . . . . . . 12 Rio Tinto . . . . . . . . . . . . . . . . . . . . . 2,12,14 Silvercorp Metals . . . . . . . . . . . . . . . . . . . 6 SolGold . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 St. Barbara . . . . . . . . . . . . . . . . . . . . . . . .2,9 Star Diamond . . . . . . . . . . . . . . . . . . . . . 14 Talmora Diamond . . . . . . . . . . . . . . . . . 16 Taseko Mines . . . . . . . . . . . . . . . . . . . . . . 7 TD Bank . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Tres-Or Resources . . . . . . . . . . . . . . . . . 16 Trigon Metals . . . . . . . . . . . . . . . . . . . . . 11 Vale . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Yamana Gold . . . . . . . . . . . . . . . . . . . . . . 5

BY TRENT MELL

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Special to The Northern Miner

eorge Floyd has galvanized the world in a manner that countless other race-related murders have not. It is a moment to be seized and First Cobalt has lent its voice to change on Twitter:

It is important for all of us to participate in the global dialogue that was provoked by the death of George Floyd. Racism is not only a problem in America, and we all have a role to play if we want to strive for a better future. In the U.S., Goldman Sachs, Peloton, BlackRock, Nike and Microsoft are some of the companies that have taken a stand. In Canada, Manulife, Bank of Montreal, CIBC, Shopify and Lululemon have issued statements or made financial pledges. I am disappointed that we have not seen any public statements from our larger Canadian mining companies.

Chief Mark Saunders, Toronto’s first black chief of police, observed that we are living through a historic period that will change the course of history. He points out that systemic racism and violence at the hands of members of law enforcement is an issue in Canada: “This is not an American phenomenon. It is real, it is powerful, and we need to address it.”

Speaking out is a first step. We then need to back up those statements with concrete actions to break down systemic barriers. First Cobalt does have some cultural diversity on its board and among the employee base but that doesn’t mean we can’t do more. We currently have limited financial resources to fund societal change, but we have a voice, and we can take action by promoting diversity in our workplace and ensuring that we have career advancement opportunities for underrepresented communities. By creating a diverse workforce, we create a catalyst for change from within as well as mentors and role models for young people.

The mining industry has made some strides on the issue of diversity.

The focus at the corporate level has been on advancement of women through the executive ranks and around the boardroom table. At the operational level, the emphasis is often on creating meaningful opportunities for Indigenous communities where we operate. In order to increase cultural diversity within our ranks, Canadian demographics imply that a concerted effort must be made at the corporate office level. This is a frontier that requires more attention.

My wife, a Korean immigrant, faced her own challenges with racism growing up in Canada but never to the point of being afraid of the police. The video of George Floyd’s death at the hands of law enforcement is so disturbing and yet the bigger tragedy is the fact that we have seen this too many times before. This time, people rose up and said, enough is enough, black lives matter. TNM — Trent Mell is president and CEO of First Cobalt (TSXV: FCC; US-OTC: FTSSF).

DEPARTMENTS Editorial . . . . . . . . . . . . . . . . . . . . . . . . . 4 Metal Prices . . . . . . . . . . . . . . . . . . . . . 19

Professional Directory . . . . . . . . . . . . 17 Stock Tables . . . . . . . . . . . . . . . . . . .18-23

GLOBAL MINING NEWS

THE NORTHERN MINER / JUNE 22–JULY 5, 2020

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YMP launches $61.5K scholarship fund for upcoming academic year HONOURS

BY CARL A. WILLIAMS

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cwilliams@northernminer.com

he Young Mining Professionals (YMP) has announced the 2020 launch of its YMP Scholarship Fund, with a total of $61,500 available for the 2020-21 academic year for students studying mining-related programs in Canada.

“The idea for the scholarships was not only to support students but also to help our industry address the talent gap,” Stephen Stewart, director of YMP Toronto and president and CEO of Orefinders Resources, said in an interview.

“We wanted to incentivize our students to study geology, mining engineering and mining-related disciplines by supporting the next generation of mining professionals.”

YMP is an international association of mining professionals located in the major mining regions of the world. YMP’s role, Stewart added, is to help participants obtain the skills, support and knowledge to successfully advance their careers, and develop a network of contacts within the industry.

Each of YMP’s scholarships includes cash incentives as well as internships with some of the donor companies.

This year also includes the inaugural Mining Lottery Scholarship.

“The Lottery is a new concept that we came up with this year,” Stewart said. “The idea was to cast a wider net to see if we could make a bigger impact by giving smaller tranches to as many people as we can. The only criteria being that you are enrolled in a program for September.”

The Lottery currently has $16,500 for 33 students, Stewart added, with the winners selected at random starting the week of June 1 and biweekly draws until the funds run out. For more information on the Lottery and how to apply, go to www.ympscholarships.com.

This year, the scholarships are being funded by Barrick Gold (TSX:

| New lottery scholarship also created

ABX; NYSE: GOLD), Agnico Eagle Mines (TSX: AEM; NYSE: AEM), TD Bank (TSX: TD), Kinross Gold (TSX: K; NYSE: KGC), IAMGOLD (TSX: IMG; NYSE: IAG), Orefinders Resources (TSXV: ORX), Mistango River Resources (CSE: MIS), Champion Iron (TSX: CIA; ASX: CIA), Osisko Mining (TSX: OSK) and Yamana Gold (TSX: YRI; NYSE: AUY).

The YMP Scholarship Fund 2020 program includes: THE PETER MUNK SCHOLARSHIP

A $10,000 scholarship in partnership with Barrick, as well as an interview for an internship with Barrick, will be awarded to a student who embodies Peter Munk’s entrepreneurial spirit.

THE AGNICO EAGLE PERSEVERANCE/ KAJUSSISSIMAINARNIQ SCHOLARSHIP

A $10,000 scholarship in partnership with Agnico Eagle, as well as an interview for an internship with Agnico Eagle, will be awarded to a Nunavut Inuit student pursuing a career in mining.

TD SECURITIES WOMEN IN MINING SCHOLARSHIP

A $5,000 scholarship will be awarded to an exceptional female currently in a mining-specific undergraduate program at a Canadian university.

TD SECURITIES MINING CAPITAL MARKETS

A $5,000 scholarship will be awarded to an exceptional student currently in a mining-specific undergraduate program at a Canadian university with a keen interest in capital markets.

KINROSS SCHOLARSHIP

Four $2,500 scholarships (two for females and two for males) funded by Kinross will be awarded to full-time undergraduate students attending any Canadian university and studying a technical mining field, such as mining engineering, geotechnical

Iamgold donating $4,000 to the Young Mining Professionals (YMP) Canadian Mining Scholarship in November 2019, from left: Steve Letwin, (former) president and CEO of Iamgold; scholarship award winner Alex Bateman; and Anthony Moreau, business development and innovation manager at Iamgold. YOUNG MINING PROFESSIONALS.

engineering, metallurgy, geological engineering and geology. An internship interview opportunity will be provided.

YAMANA GOLD’S STUDENT IN MINING SCHOLARSHIP

A $5,000 scholarship funded by Yamana will be provided to an extraordinary, aspiring industry professional enrolled in a miningrelated program via an innovative one-page creation.

MINING LOTTERY SCHOLARSHIP

The Lottery’s purpose is to attract and develop Canada’s best and brightest to further their education within the natural resource industry.

The individual grants from the Lottery will be $500, with the sole criteria being confirmed current enrollment in an earth sciences or mining engineering program at a Canadian postsecondary institution for 2020-21.

Scholarships will be awarded to students who are pursuing a career in

Investors pile into gold ETFs MARKETS

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Workers preparing to pour molten gold. B2GOLD.

BY MINING.COM STAFF

old-backed ETFs added 154 tonnes for net inflows of US$8.5 billion across all regions in May, boosting global holdings to a new all-time high of 3,510 tonnes, according to new data from the World Gold Council.

Year-to-date, inflows of 623 tonnes, representing a value of US$33.7 billion, now exceed what was initially the highest level of annual inflows of 591 tonnes in 2009.

During May, North American ETFs increased holdings by 102 tonnes, or US$5.6 billion, with SPDR Gold Shares leading all global inflows, adding 67 tonnes (US$3.7 billion), followed by iShares Gold Trust, which added 20 tonnes (US$1.1 billion).

European funds increased their holdings by 45 tonnes, or US$2.4 billion, led by U.K.-based iShares Physical, which added 23.3 tonnes (US$1.3 billion). The balance of gold inflows occurred in Asia and other regions.

The World Gold Council said assets in global gold-backed ETFs have nearly doubled over the past 12 months.

The Council also noted that U.K.-based gold funds continue to take regional and global market share, now representing 48% of European assets and 21% of global assets.

In the U.S., low-cost gold-backed ETFs have doubled their collective holdings in the past year to 99 tonnes, roughly the size of all Asianbased funds. TNM — This article first appeared in our sister publication, MINING.com.

the mining industry and are enrolled in mining-related programs for the 2020-21 academic year at Canadian universities.

Applicants will be considered not just on their academic performance, Stewart added, “but also on their ability to demonstrate creativity, an entrepreneurial spirit, perseverance and a commitment to pursue a career in the mining industry.”

The deadline to apply for all scholarships (except for the Lottery) is midnight on Aug. 31, 2020, with the winners announced on Sept.

30, 2020.

For more information on the scholarships, visit www.youngminingprofessionals.com/scholarships.

Individuals and corporations who would like to support or create a scholarship are encouraged to contact YMPSF directly at scholarships@ youngminingprofessionals.com.

In addition to the scholarships, YMP has also raised $190,420 through its Mining Care initiative

for the United Way Greater Toronto (UWGT) Covid-19 Emergency Relief Fund. The UWGT fund is distributing $11 million to community services in the Peel Region, the City of Toronto and York Region.

“We have a good relationship with United Way and we wanted to do something positive for those who are suffering from the impacts of Covid-19,” Stewart said.

Donors to YMP, who included Alamos Gold (TSX: AGI; NYSE; AGI), Agnico Eagle Mines, Franco-Nevada (TSX: FN; NYSE: FN), IAMGOLD, Evolution Mining and the Canadian Institute of Mining (Toronto), raised $95,210, with YMP Toronto matching the first $5,000.

These funds were then matched by Polar Asset Management and other leaders in the asset management sector, resulting in a total of $190,420.

Stewart said the funds will be “directly invested in the community to help those most affected by covid-19.” TNM

John O Rud MSc Geologist 1938-2020

GeoXplor Corp sadly reports the passing of John after an almost 60 year career in the mining business.

An exploration geologist, a miner, a mill builder and just about anything else in the business John would have done it.

He lived for the next prospect,had a passionate fondness for the drillers and miners of the world and treated almost everyone with respect and integrity.

As president of GeoXplor Corp, John, over the last 15 years ran all the operations in the USA and guided the company into the most knowledgeable firm in North America as to lithium brine exploration.

He died with his boots on, in the field, the way he wanted to go.

He will be sorely missed by many.

6

WWW.NORTHERNMINER.COM

JUNE 22–JULY 5, 2020 / THE NORTHERN MINER

Zijin Mining revealed as the mystery buyer of Guyana Goldfields M&A

| Chinese mining giant’s offer is 35% higher than Silvercorp Metals’ proposal

BY CECILIA JAMASMIE

C

MINING.com

hina’s Zijin Mining has emerged as the unnamed multinational that trumped Silvercorp Metals’ (TSX: SVM; NYSE: SVM) bid for Guyana Goldfields (TSX: GUY), with a deal that values the target miner at $323 million (US$238 million).

The Fujian-based mining giant has offered Guyana Goldfields $1.85 in cash for each common share, which is 35% higher than Silvercorp Metals’ proposal.

Prior to signing the agreement with Zijin, Guyana Goldfields said it had officially cancelled its previous arrangement with Silvercorp, which produces silver, lead and zinc from mines in China.

Based on the terms of that deal, Guyana Goldfields will have to pay Silvercorp $9 million (US$6.7 million) for terminating the agreement signed in April.

On top of the cash offer, Zijin Mining has committed to loan Guyana Goldfields US$30 million to finance ongoing operations of its Aurora gold mine in Guyana and other liquidity needs.

Zijin’s chairperson, Chen Jinghe, said the group believed the mine was a high-quality gold asset, with significant upside potential.

The Rory’s Knoll pit, part of the Aurora Gold mine in northwestern Guyana. PHOTO BY GUYANA GOLDFIELDS.

Guyana Goldfields is placing it on care and maintenance at the end of the month.

Silvercorp originally offered $105 million (about US$75 million) for Guyana Goldfields. It later upped

the offer to $227 million, as Gran Colombia Gold (TSX: GCM; USOTC: TPRFF) submitted a separate, rival proposal.

Guyana Goldfields said on June 3 that it had received a “superior

proposal” from an unnamed “foreignbased multinational miner.” It gave Silvercorp five business days to match or improve the new bid.

The Vancouver-based company responded on June 11 that it was not

matching the anonymous fresh offer.

Guyana has been under investor pressure due to the poor performance of its only operating mine, Aurora, following a resources review.

The mid-tier gold producer shocked the market in March last year by announcing the amount of gold in proven and probable reserves at Aurora had declined by almost 1.7 million oz., compared to estimates published in 2018.

The news triggered a bitter battle for control of the company led by founder and former chairman Patrick Sheridan, which was settled in April 2019. The deal included the appointment of an interim director and chief executive, who was replaced in January by Alan Pangbourne, Guyana’s current president and CEO. Shares in the company fell to the lowest since 2008 in October, after the embattled Canadian miner revealed Aurora would fail to meet production guidance. The company added that a mine plan review was underway.

At press time in Toronto, Guyana Goldfields was trading at $1.76 per share. Over the last year, it has traded in a range of 25¢ and $1.80 per share.

It has 175 million common shares outstanding for a $307-million market capitalization. TNM — This article first appeared in our sister publication, MINING.com.

Perseus Mining to acquire Exore Resources M&A

| Company sees synergies in their West African gold projects

The pit at Perseus Mining’s Edikan gold mine in Ghana’s Ashanti gold belt. PHOTO BY PERSEUS MINING.

BY CARL A. WILLIAMS

P

cwilliams@northernminer.com

erseus Mining (TSX: PRU; ASX: PRU) is acquiring Exore Resources (ASX: ERX) in an all-share deal worth A$58.9 million (US$41million).

Exore Resources’ flagship Bagoe project is within 50 km of Perseus Mining’s Sissingue gold mine in northern Cote d’Ivoire, and the two West Africa-focused companies see important synergies in the transaction.

“The acquisition of Exore results in Perseus gaining ownership of approximately 2,000 square kilometres of geologically prospective land in

northern Côte d’Ivoire, close to our operating Sissingué gold mine,” Jeff Quartermaine, Perseus Mining’s managing director and CEO, stated in a news release.

By acquiring Exore’s land package, Perseus will “have the option of developing the Bagoé project into a new gold mine potentially using the Sissingué infrastructure, or alternatively, delineating further mineral resources that can be economically mined and trucked to our Sissingué plant for processing,” Quartermaine said, noting that the Sissingue operation has a mine life extending to 2023.

Exore’s 80%-owned Bagoé project contains indicated resources of 0.75

million tonnes grading 3.5 grams gold per tonne for 90,000 contained oz. gold and inferred resources of 5.85 million tonnes grading 2.3 grams gold for 440,000 ounces. The resource is based on two deposits – Veronique and Antoninette — and starts at surface.

In addition to Sissingue, Perseus owns the Edikan open-pit gold mine in the Ashanti gold belt of southwestern Ghana and the Yaoure project in central Cote d’Ivoire, 40 km from the capital Yamoussoukro. Yaoure is expected to achieve its first gold pour in December.

Justin Tremain, Exore’s managing director, said the company’s shareholders will not only see poten-

tial synergies with Perseus’ existing infrastructure within trucking distance of Bagoe, but “will also benefit from exposure to Perseus’ existing production and development assets, which provide an exceptional growth profile.”

Perseus’ offer will also allow Exore shareholders to retain exposure to the junior’s exploration potential, Tremain said. In addition to Bagoe, Exore owns the 559-sq.-km Liberty project, where it has defined a 20-kmlong gold-in-soil anomaly along the Tongon structural gold trend, and the 380-sq.-km Tengrela project, adjacent to Bagoe. Exore has the option to earn an 80% stake in the project.

Exore is currently earning 100% stakes in both the Bagoe and Liberty projects.

Under the all-share deal, Exore shareholders will receive one Perseus share for every 12.79 shares of Exore they own – representing a 56.9% premium based on the 20-day volume-weighted average price of both companies.

At press time in Toronto, Perseus was trading at $1.08 per share within a 52-week trading range of 40¢ and $1.23.

The company has 1.2 billion common shares outstanding for a $1.29-billion market capitalization. TNM

GLOBAL MINING NEWS

THE NORTHERN MINER / JUNE 22–JULY 5, 2020

7

GLOBAL COPPER SPECIAL FOCUS

Taseko maintains production through pandemic COPPER

| Miner stays ahead of the recovery curve

Taseko Mines’ Gibraltar copper-molybdenum mine in south-central British Columbia. TASEKO MINES.

BY DAN SEKULICH

dsekulich@northernminer.com

W

hile gold miners have been stealing the pandemic limelight as that precious metal’s price has soared, copper miners have struggled with the collapse of their main markets, like China, and the closure of major production mines in places like Chile and Peru.

By March 22, the base metal was trading at US$2.07 per lb., a full 80¢ off its peak in mid-January, and the lowest valuation since February 2016.

Yet some copper miners have not only weathered the crises created by Covid-19, they have used the slowdown to bolster their business plans in anticipation of renewed global economic growth. Vancouver-based Taseko Mines (TSX: TKO; NYSEAM: TGB) is one of these.

For president Stuart McDonald and the Taseko management team, the last few months have been busy, not only because they have maintained production at their key copper mine. They have also been making preparations to potentially bring a second site online later this year, while also advancing the early stages of development at a third project.

Speaking to The Northern Miner from Taseko’s head offices, which are slowly welcoming back staff, McDonald was cautiously optimistic about the prospects for the mining sector.

“I certainly think we’ve seen the bottom,” he says of the copper market.

“It’s now showing that it’s going to recover, and we think the worst is behind us.”

By McDonald’s estimate, somewhere around 20-25% of the global mine supply is still offline. “It’s relatively easy to shut a mine down. But

“WE DIDN’T HAVE ANY DISRUPTION FROM THE CORONAVIRUS.” STUART MCDONALD PRESIDENT, TASEKO MINES

it takes time to restart and ramp them up again.”

Luckily for Taseko, its cornerstone Canadian asset has been able to maintain production throughout the pandemic crisis in North America.

Taseko owns 75% of the Gibraltar mine, a copper-molybdenum mine that they operate in south-central British Columbia’s Cariboo region.

It is the second-largest open pit copper mine in Canada, and the largest employer in the region.

“Gibraltar’s running well,” says McDonald. “We didn’t have any disruption from the coronavirus. We operated continuously, with roughly 700 employees on site. We’re fortunate in that the mine is a large open pit site — it’s not an underground mine.”

Additionally, McDonald points out that Gibraltar is not a remote campsite, with Taseko’s workforce living in nearby communities and commuting to work on a daily basis.

Originally built in 1972, the mine was shuttered in 1998 and then acquired by Taseko in 1999. Since then, the firm has invested some $700 million to upgrade and expand the operation, which restarted production in 2004. Last year, copper recoveries were 86.2% and copper head grades were 0.25%, and total operating costs (C1) for Gibraltar were US$2.06 per lb. produced.

However, as the pandemic’s looming impact on the sector was becoming apparent earlier this year, Taseko acted to avoid the health and safety problems that were affecting other mining operations. By March they had instituted physical distancing and other protocols at Gibraltar. As a result, there have been no known cases of Covid-19 at the site.

Meanwhile, the firm was also taking a strategic look at some of the broader possibilities created by the pandemic, possibilities that could make the mine more efficient. One of the things the company did was to hedge its 2020 fuel costs at Gibraltar. As oil prices began tumbling, Taseko bought fuel call options that would cover consumption at the project from April through to December of this year.

These efforts have enabled the miner to improve its operating margin, with site spending declining by around US40¢ per pound. Total operating costs (C1) for April and May 2020 averaged out around US$1.30 per lb., while production output for the first five months of the year was approximately 57 million lb. copper and almost 900,000 lb. molybdenum.

“It is producing at a steady stage, in the range of a 130 million pounds a year of copper,” says McDonald. “It’s been continuously [producing] for the last 15 years, and it’s got another 19 years of mine life. So, it’s a stable, cash-flow producer. It generates good cash flow for us and allows us to build out our project pipeline.”

An important part of that pipeline is Taseko’s Florence copper project, an advanced stage, in-situ recovery (ISR) project wholly-owned by Taseko, located between Phoenix and Tucson in southern Arizona. The firm acquired Florence in 2014 and

began construction of a production test facility (PTF) at the site.

“We started operating that [PTF] at the end of 2018 and been producing copper there since April of last year,” McDonald says. “It’s proven that we can produce copper economically and proven the environmental compliance of the site.”

The Florence PTF includes 24 injection, recovery and monitoring wells, as well as a solvent extraction and electrowinning (SX/EW) plant.

Last year’s first production of 3,700 lb. copper cathode from the SX/EW plant was assayed at higher than 99.9% copper. McDonald says the PTF is producing at a run rate of about a million pounds of copper cathode a year.

The next phase for the Florence project is to shift from a PTF to a fully operational commercial production site.

“Now what we need to do is raise some capital, just over US$200 million of capital, and we’ve got to have our two key permits amended,” McDonald says. “We’re hopeful to have both of those things in place by the end of this year.”

With the permit amendments from the Arizona Department of Environmental Quality and the federal U.S. Environmental Protection Agency in place, and pre-production capital secured, Taseko foresees a 20-year mine life for Florence, with an average annual production of 85 million lb. copper.

McDonald sees the project’s low carbon footprint as a key attribute.

“Some of the ESG benefits of this project are really attracting a lot of attention. We’re going to produce copper here with a 90% lower carbon footprint than a traditional open pit

copper mine. So there’s huge benefits there: carbon footprint, energy consumption, water usage, all are lower.

We’re going to be producing ‘green’ copper here in a very green way.”

The third element in Taseko’s business plan for the year ahead is the Yellowhead project. Located 150 km northwest of Kamloops in the interior of B.C., the firm believes it has the potential to be one of the largest open pit copper mines in North America.

The company envisions Yellowhead as a 90,000 tonne-per-day mine with a 25-year life, with proven and probable reserves of 817 million tonnes grading 0.29% copperequivalent.

“We acquired this in February 2019,” says McDonald. “So currently we’re in the very early stages of permitting and community consultations. We recognize the importance of getting the local community on side, and have recently announced an agreement with the local Indigenous community.”

McDonald believes Yellowhead could be shovel ready in just a couple of years, although he admits the project has a large capex, with total pre-production capital costs amounting to roughly C$1.3 billion, which would likely require Taseko to seek a joint venture to develop the mine.

As the price of copper continues to rise, cresting US$2.60 per lb. at press time, McDonald feels Taseko is already ahead of the curve. And while other copper miners slowly ramp back up, he believes the firm can capitalize on their earlier actions in Canada and the United States by embracing change.

“It’s really a game changer,” says McDonald. “It’s got the potential to really transform Taseko.” TNM

8

GLOBAL COPPER

JUNE 22–JULY 5, 2020 / THE NORTHERN MINER

WWW.NORTHERNMINER.COM

SolGold seeks US$20M to prevent takeover attempts ECUADOR

| Company is a prime target for takeover

SolGold’s Alpala copper-gold project in northern Ecuador. SOLGOLD.

BY CECILIA JAMASMIE MINING.com

E

cuador-focused exploration company SolGold (TSX: SOLG; LSE: SOLG) is bolstering its defences against a takeover by fundraising to raise a minimum of £16 million (US$20 million) as top miners try to take advantage of the global economic downturn caused by the coronavirus pandemic.

The move follows a royalty financing agreement with streaming company Franco Nevada (TSX: FNV; NYSE: FNV), inked in May. The deal guaranteed SolGold US$100 million and gives it an option to upscale to $150 million.

That is how much the company needs for a preliminary feasibility study for its Alpala copper-gold

project, part of the Cascabel asset, located 180 km north of the capital Quito.

The company, a prime takeover target due to the potential of its undeveloped project in the South American country, said it expects to deliver the report in fall 2020.

SolGold will also use the funds to produce a definitive feasibility study on the asset, to be released in the second quarter of 2021.

The Australian exploration company has been in talks with multiple investors since March, hoping to secure US$2.85 billion to develop Alpala. According to the latest resource update, the asset contains 2.66 billion tonnes of copper at 0.53% copper-equivalent in the measured and indicated categories, and 544 million tonnes at 0.31% copper-

equivalent in the inferred category.

Despite small setbacks due to disruptions related to the coronavirus pandemic, SolGold aims to begin production in 2025.

Chief executive Nick Mather has repeatedly said his team is building a company “as important to the development of Ecuador as BHP was to Australia.”

“The proposed $20 million capital raising will see, with completion of the FNV royalty, SolGold fully funded through its PFS and to the delivery of a definitive feasibility study and all related permits,” Mather said.

“This funding will also cover the costs of SolGold’s important regional exploration programmes and the ancillary costs of generating the US$2.7 billion capital development

funding package for the Alpala project,” he added.

Over the past two years, Ecuador has attracted a flurry of interest from big miners looking to increase their exposure to copper. The highly conductive metal is used in renewable energy and electric vehicles, but big, new deposits are rare.

Copper entered a bull market on June 4, boosted by strong demand from post-lockdown China and hedge funds closing bearish bets.

At press time it was trading at just over US$5,800 per tonne, a rise of 25% from its March low of US$4,371 per tonne.

Diversified majors favour largescale, long-life projects, such as the one SolGold promises. BHP (NYSE: BHP; LSE: BHP) upped its stake in the company last year to 15.31% from

14.7%, becoming the company’s top shareholder.

Australia’s largest gold producer, Newcrest Mining (ASX: NCM), is the second-biggest investor in SolGold, with a 15.23% interest.

Ecuador aims to move from an explorer hotspot to a mining exporter. Its oil-led economy has been hit hard over the past few months.

The nation is currently reeling from both the spread of Covid-19 and the collapse of global oil prices.

Prior to recent developments, the South American country expected to attract US$3.7 billion in mining investments between 2019 and 2020, up significantly from the US$270 million it received in 2018. TNM — This article first appeared in our sister publication, MINING.com.

Concerns that rally in copper price could be short-lived MARKETS

| Chinese demand continues to push value up

BY CARL A. WILLIAMS

C

cwilliams@northernminer.com

opper prices surged to their highest levels in nearly three months on June 11, reaching US$5,801.5 per tonne (US$2.63 per lb.) on the London Metals Exchange (LME), up almost 20% from a low of US$4,854 per tonne (US$2.20 per lb.) on March 5, when commodity markets started to free-fall due to the Covid-19 pandemic.

A ramping-up of demand from China, the top consumer of the red metal, is now fuelling price increases after the country eased lockdowns and travel restrictions that were imposed to combat the outbreak.

The resumption of the Chinese economy has been a central factor to the improving prices in recent weeks. However, price movements will depend on how much China’s domestic demand can hold up as it waits for the export market to return.

“Chinese plants have been exposed to the export market through their downstream consumers and were

impacted to a much greater extent than those who mainly serve the domestic market,” Eleni Joannides, principal analyst at Wood Mackenzie, said in an email.

Imports of unwrought copper and copper products to China, for instance, rose 21.1% year-on-year in May, after falling by 5.5% yearon-year in April to 436,031 tonnes, S&P Global Platts reported on June 9. The London-headquartered energy and commodities analyst attributed this to weak seaborne demand caused by the spread of Covid-19 outside of China and the recovery in Chinese domestic demand.

The Asia metals correspondent for Reuters, Mai Nguyen, noted that copper prices on the Shanghai Futures Exchange (ShFE) jumped to their highest level in nearly 20 weeks on June 10, rising to RMB 46,980 (US$6,632) per tonne, their highest since January 23.

On June 12, weekly ShFE inventories declined 8.4% week-on-week to 128,000 tonnes, their lowest since December 2019, according to Bloom-

“I BELIEVE THIS [PRICE] TO BE MASSIVELY OVERINFLATED, AND I EXPECT WE WILL SEE COPPER PRICES TURN DOWNWARDS.” NATALIE SCOTT-GRAY SENIOR METALS ANALYST INTL FCSTONE

berg. Meanwhile, the LME cancelled on-warrant copper stocks increased to 109,000 tonnes, the highest since October 2109, the news agency reported on June 12.

Fiscal stimulus packages from global central banks, particularly the U.S. Federal Reserve (US$2.3 trillion) and the People’s Bank of China (US$559 billion), are also fuelling demand for the red metal.

Workers spray copper cathode at Barrick Gold and Antofagasta’s Zaldivar copper mine in northern Chile. BARRICK GOLD.

Although copper prices are benefiting from the stimulus packages, Natalie Scott-Gray, a senior metals analyst with INTL FCStone in London, believes that they may not be enough to support prices.

“Short-term we have already seen a huge rally in copper prices,” ScottGray said in an email. “But I believe this [price] to be massively overinflated, and I expect we will see copper prices turn downwards in the next quarter quite substantially, but I do not think we will see a lower-low this year though.”

In the longer-term, however, Scott-Gray believes that although the outlook for copper markets is bullish, the demand for copper from the rest of the world is unlikely to return to 2019 levels for years to

come, restricting prices.

“While the Chinese stimulus package, at 6.1% of GDP, will help to raise GDP growth in the country, it was far less than expected,” she said. “A sense of disappointment was felt in the metals market, which also stems from less direct spending on traditional infrastructure ‘metal heavy’ projects.”

Included in the Chinese stimulus package were subsidies and tax breaks for new energy vehicles (NEVs), which include battery-powered electric vehicles (EVs), plug-in hybrid EVs, and fuel cell EVs. The incentives aimed to support China’s goal of increasing the domestic market share of NEVs from 5% in 2019, to Se e MARKETS / 11

GLOBAL COPPER

GLOBAL MINING NEWS

THE NORTHERN MINER / JUNE 22–JULY 5, 2020

9

GLOBAL COPPER SNAPSHOT Field crew and helicopter at Libero’s Big Red project in northern B.C.’s Golden Triangle area. LIBERO COPPER & GOLD

Copper demand is expected to grow over the coming years, as the world continues the transition to electric-powered vehicles. However, many industry watchers have noticed a scarcity of pre-production copper assets for this expanding market. Below, we provide an overview of seven companies working to advance copper projects around the world. n

CARUBE COPPER

Carube Copper (TSXV: CUC) is focused on copper and gold exploration in Canada, Jamaica and Peru.

The company’s holdings in Jamaica consist of 11 licenses, which cover a total area of 536 sq. km.

These include the wholly owned Bellas Gate, Main Ridge, Hungry Gully and Arthurs Seat properties.

Bellas Gate, northwest of Kingston, is made up of two licenses and totals 84 square kilometres. According to Carube, this project features porphyry, epithermal, skarn, oxide and IOCG (iron oxide copper gold) deposit targets with over 40 prospects. These include the Provost area, within a 5-km long trend host to porphyry systems, where drilling completed in 2016 returned 339 metres of 0.34% copper-equivalent as well as 82 metres of 0.46% copperequivalent. Drilling completed in 2014 within the Connors area also intersected copper-gold porphyry mineralization.

In Nova Scotia, Carube holds a 100% interest in the Stewart Brook gold project, which covers 46 sq. km and is on strike with St. Barbara’s (ASX: SBM) Cochrane Hill deposit.

This site features a gold-in-till anomaly over an area of 8,000 metres by 4,000 metres and lies within 5 km of three historical gold districts.

The company’s projects in B.C. include Rogers Creek, Mackenzie and Salal within the Cascade magmatic optioned to Tocvan Ventures (CSE: TOC) back in 2018: Tocvan may earn up to an 80% interest in this property by spending $1.9 million on exploration, making a $25,000 cash payment and issuing 1.3 million of its shares to Carube over a fouryear period. Carube holds a 100% interest in the Mackenzie project in southwest B.C., where the Bornite trend is a priority target for copper

exploration. Bornite was discovered in 2012 and extends over 7.5 km – additional mapping and sampling is planned to further define this area.

In February, Carube added the 57-sq.-km Jasperoide copper-gold project in southern Peru to its portfolio. This asset lies within the Andahuaylas-Yauri belt, host to several operating mines. High-grade copper-gold skarns have been traced over 3 km of strike at the site. According to Carube, the geology at Jasperoide is analogous to that at the nearby Minmetals’ (a Chinese stateowned corporation) Las Bambas and Hudbay’s (TSX: HBM; NYSE: HBM) Constancia copper mines.

Carube has a 100% interest in eight of the Jasperoide claims, may earn up to a 100% interest over the next four years in two concessions and has the option to earn a 51% interest in three concessions.

Carube Copper has an $18.2-million market capitalization. n

sources consist of 2.5 million tonnes at 1.05% copper. Each of the three deposits includes prospects for resource expansion with drill-ready oxide and sulphide targets nearby. In addition, none of the deposits have been drilled at depth.

The historic work completed by Amex outlined near-surface oxide copper material at Moonlight with thicknesses estimated at around 18 metres to 24 metres.

A preliminary economic assessment (PEA) published in 2018 for the Moonlight deposit outlined a 17-year, 54,431 tonne per day open pit operation, producing 1.5 billion lb. copper over its life at total lifeof-mine operating costs of US$7.04

per tonne. With an initial capital cost estimate of US$513 million, the after-tax net present value estimate for the project, at an 8% discount rate, came in at US$179 million with a 14.6% internal rate of return.

Crown has identified additional opportunities for resource growth at the Blue Copper, Copper Mountain, Osmeyer, Lamb’s Ridge and Warren Creek areas within the project grounds.

Crown Mining has a $1.8-million market capitalization. n

EURO SUN MINING

Euro Sun Mining (TSX: ESM) is focused on copper and gold projects in Romania. The company’s principal asset is the wholly owned, 28-sq.-km Rovina Valley project in south-central Romania, 300 km from Bucharest, the capital city.

Rovina Valley lies within the Golden Quadrilateral historic mining district in the Carpathian fold belt, which

has been producing gold for over 2,000 years, and has year-round road access.

Based on a resource update completed last year, total measured and indicated resources at the property stand at 396.4 million tonnes grading 0.55 gram gold per tonne and 0.16% copper for a total of 7.1 million contained gold oz. and 1.4 billion lb. copper. These resources are contained within two proposed open pits and one underground deposit: the Rovina, Colnic and Ciresata porphyries, which cover a 7.5-km long trend.

In February 2019, Euro Sun announced the results of a PEA on the development of the Colnic open pit, as part of the first phase of the Rovina Valley project. The early-stage study outlined a 20,000-tonne-per-day operation, producing an average of 139,000 oz. gold-equivalent a year over a 12-year mine life. With an all-in sustaining cost estimate of US$752 per oz. and initial total capital costs of US$352 million, the resulting after-tax net present value estimate for this development stands at US$169 million, at a 5% discount rate, with a 13.5% internal rate of return.

Colnic contains about 29% of the measured and indicated resources at Rovina Valley. According to Euro Sun, Rovina and Colnic also host higher-grade areas of mineralization, which outcrop at surface.

In November 2018, the company received the mining license for Rovina Valley, which allows Euro Sun to start an environmental impact assessment and urbanization certificate – both of these are underway.

To move to the construction stage, the company needs to obtain two certificates: the area land use plan and the project technical design, which lead to the issue of a construction permit.

A bankable feasibility study is underway with results expected by the end of this year.

Euro Sun also holds the 42-sq.km Stanija prospect, 3 km east of Rovina Valley, with two porphyry exploration targets.

In June, the company closed a $22.3-million bought deal financing, with proceeds intended for exploration and development at Rovina Valley.

Euro Sun Mining has a $36-million market capitalization.

Se e SNAPSHOT / 10

CROWN MINING

Crown Mining (TSXV: CWM) is working to advance its 39-sq.-km Moonlight-Superior copper project in northeast California’s Plumas County. This project is within the past-producing Lights Creek copper district, which generated approximately 161 million lb. copper between 1915 and 1930 from the Superior and Engels mines. Placer Amex explored the property between 1960 and 1972 and drilled over 400 holes at the site.

There are three iron-oxide-coppergold deposits at the site: Moonlight, Superior and Engels. Moonlight features 154 million indicated tonnes grading 0.29% copper and a further 62 million inferred tonnes at 0.29% copper. Superior includes an inferred resource of 57 million tonnes at 0.41% copper. At Engels, oxide inferred re-

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GLOBAL COPPER

JUNE 22–JULY 5, 2020 / THE NORTHERN MINER

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Crown Mining’s Moonlight-Superior property in northeastern California. CROWN MINING SNAPSHOT From 9 n

JOSEMARIA RESOURCES

Josemaria Resources (TSX: JOSE), part of the Lundin Group, is working to advance the Josemaria coppergold deposit in Argentina’s San Juan province, 170 km from Copiapo in Chile. After completing a prefeasibility study for the wholly owned project in November 2018, the company is working to deliver a feasibility study by year-end.

The 2018 prefeasibility outlined a 150,000 tonne per day, 20-year openpit operation using autonomous haul trucks. The mine would produce an average of 125,000 tonnes copper, 230,000 oz. gold and 790,000 oz. silver per year at life-of-mine cash costs of $1.26 per lb. copper, after by-product credits. Based on an initial capital cost estimate of $2.8 billion, the after-tax net present value estimate for this project, at an 8% discount rate, stands at $2 billion with an 18.7% internal rate of return and a 3.4-year payback period.

The probable reserves for the Josemaria porphyry deposit stand at 1 billion tonnes grading 0.29% copper, 0.21 gram gold and 0.92 gram silver, or 0.41% copper-equivalent, containing 6.5 billion lb. copper, 6.5 million oz. gold and 28.8 million oz. silver.

Technical work for the feasibility

study is underway, led by the engineering team at Fluor Canada. In the first quarter of this year, Josemaria collected field data for this study.

In Argentina, Ausenco is compiling baseline data for the Environmental and Social Impact Assessment (ESIA) for the project to support future permitting.

At the end of May, the company entered into credit facilities totalling US$7 million with affiliates of the Lundin family. Proceeds are intended for the ongoing feasibility study and ESIA work.

Josemaria Resources has a $168.8million market capitalization. n

LIBERO COPPER & GOLD

Libero Copper & Gold (TSXV: LBC) holds porphyry copper and gold assets in the Americas. In 2018, the company acquired the Mocoa deposit in Colombia, nearby the Ecuadorian border, from B2 Gold (TSX: BTO; NYSE-AM: BTG) in exchange for an equity stake in Libero — B2 currently holds an 8% stake in the company. The Mocoa porphyry includes an inferred resource of 636 million tonnes grading 0.33% copper, 0.036% molybdenum, or 0.45% copper-equivalent, containing 4.6 billion lb. copper and 511 million lb. molybdenum.

Mocoa lies within the Jurassic por-

CW M.V

2 billion pounds of copper $179 million NPV $2 million market capitalization (6/12/20)

www.crownminingcorp.com

phyry belt, host to several large-scale producing porphyry copper deposits.

It covers an area of approximately 1.2 km by 1.4 km and extends down to a depth of over 1 km. Libero has also identified a copper-in-soil anomaly 500 metres to the east of the proposed pit outline.

In southwestern Colorado, the company holds the 4.1-sq.-km Tomichi project, 50 km east of Gunnison. The inferred resource for the Tomichi deposit features 711 million tonnes grading 0.21% copper, 0.035% molybdenum, 0.017 gram gold and 2 grams silver, or 0.33% copper-equivalent, containing 5.1 billion lb. copper-equivalent. This deposit covers an area of approximately 550 metres by 825 metres, extends down to a depth of over 600 metres below surface and remains open. Tomichi was initially drilled in the 1950s, which was followed by additional drilling over the next few decades. The latest work on this deposit was done in 2012, with five diamond drill holes.

Libero’s 260-sq.-km Big Red project in B.C. lies within the province’s prospective Golden Triangle area, 45 km southwest of Telegraph Creek. In February 2019, the company entered into an option agreement to acquire a 100% interest in Big Red by issuing 2 million of its shares and making total cash payments of $440,000 over a fouryear period.

There are currently 19 porphry gold-copper as well as epithermal gold exploration targets at the project with a 15 km by 5 km magnetic high, which coincides with anomalous potassium, gold and copper values in rock samples.

This summer, Libero plans to complete the first phase of drilling at the Ridge high-grade gold target within Big Red, with four, 300-metre long holes scheduled.

In June, Libero closed a $4-million private placement; proceeds are intended for drilling the Ridge gold target and for corporate purposes.

Libero Copper & Gold has a $14-million market capitalization.

Outcrop at Carube Copper’s Main Ridge property in Jamaica. CARUBE COPPER

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ORESTONE MINING

Orestone Mining (TSXV: ORS) is focused on gold and copper exploration in B.C. and Chile.

The company has the option to earn a 100% interest in the 29-sq.-km Resguardo project, 75 km northeast of Copiapo in northern Chile, within a porphyry copper belt host to several large-scale copper mines.

The mineral concessions include a number of historic workings targeting oxide copper. Copper and gold were previously mined at the site from an open pit covering an area of 150 metres by 60 metres as well as from underground tunnels.

In September 2018, Orestone signed an option to purchase agreement for Resguardo – it may earn a 100% interest in the property over a five-year period by making cash payments totalling US$5 million and completing 2,000 metres of drilling.

The surface oxide copper mineralization at Resguardo overlies a geophysical anomaly that is 300 metres to 600 metres wide and 1,000 metres long, with potential for an untested sulphide copper porphyry at depth.

The company’s near-term exploration plans include drill testing of this target.

Orestone also has a 100% interest

in the 72-sq.-km Captain property in B.C.’s Quesnel Trough, host to several copper, gold and molybdenum deposits. This project is 150 km to the north of Prince George and has year-round road access and infrastructure nearby.

Last year’s drill program at Captain focused on two targets and one of these targets – T2 – returned 91 metres of 0.26 gram gold and 0.065% copper starting at 112 metres, including a higher-grade interval of 24 metres grading 0.56 gram gold and 0.112% copper. According to the company, this copper-gold mineralization is similar to that found at Centerra Gold’s (TSX: CG) nearby Mt. Milligan mine, 30 km to the north of Captain.

There are nine magnetic target areas outlined at Captain, which are around a diorite intrusive – two of these have been tested to date.

In June, Orestone closed an $850,000 private placement, with net proceeds intended for exploration at both Resguardo and Captain as well as for corporate purposes.

Orestone Mining has a $4.9-million market capitalization.

Se e SNAPSHOT / 11

GLOBAL MINING NEWS

THE NORTHERN MINER / JUNE 22–JULY 5, 2020

Lumina Gold extends mine life at Cangrejos

SNAPSHOT From 10 n

TRIGON METALS

Trigon Metals (TSXV: TM) is working to restart the Kombat copper mine in Namibia and also holds the exploration-stage copper-silver Copper Hill project in Morocco.

In Namibia, a country with a longstanding history of mining, Trigon holds an 80% interest in five licenses within the Otavi Mountainlands, an area known for high-grade copper deposits. These licenses host three past-producing mines, including Kombat, the company’s flagship asset.

Kombat produced 12.5 million tonnes grading 2.6% copper, 1.55% lead and 18 grams silver between 1962 and 2008. The site includes existing underground infrastructure, a 1,100 tonne per day mill and headframes.

Resources at Kombat include an open-pittable component of 1.5 million indicated tonnes at 1.14% copper, 0.72% lead and 2.88 grams gold.

Underground resources include 1.1 million inferred tonnes at Kombat grading 1.84% copper, 1.68% lead and 3.04 grams silver. In addition, the near-mine Asis deposits contain additional underground inferred resources of 3.7 million tonnes at 3.79% copper, 0.89% lead and 32.86 grams silver.

The Gross Otavi mining license, 10 km west of the Kombat mine features underground inferred resources of 643,000 tonnes grading 0.93% copper, 2.5% lead and 0.85 gram silver.

This area lies on the Kombat trend and was mined until the 1940s.

In the past, the Kombat was mined over 4.2-km of strike and Trigon has identified potential westward extensions of this trend.

In 2018, Trigon released the results of a feasibility study on an open-pit development at Kombat as well as the findings from a PEA on an underground mine targeting the inferred resources.

The feasibility outlined a threeyear operation, producing a total of 42,000 tonnes copper in concentrate with an initial capital cost of US$6.4 million, generating an after-tax net present value of US$4.6 million, at a 7.6% discount rate. The PEA suggests a five-year mine, which would produce a total of 262,000 tonnes copper and 29,000 tonnes lead in concentrate at an initial capital cost of US$63.9 million. The associated after-tax net present value estimate, at a 10% discount rate, stands at US$83.6 million with a 63.9% internal rate of return.

In March 2019, the company entered into a non-binding memorandum of understanding with Shandong Xinhai Mining, where Xinhai agreed to invest up to 10% of the capital required for the project in equity and assist Trigon with securing up to an additional 80% of the capital in debt through Chinese export credit facilities. In exchange, Xinhai would be the engineering, procurement and construction contractor for the open pit operations at Kombat. By January 2020, Xinhai had completed its own technical study and presented it to a Chinese export credit agency.

More recently, at the end of May, Trigon entered into an agreement to acquire a 100% interest in the 16-sq.km Silver Hill project in Morocco, in the Anti-Atlas region host to a number of operating silver mines.

Surface exploration at this project has identified high-grade silver and copper mineralization. To acquire this asset, the company will pay $500,000 in cash and issue 6 million of its common shares at closing with an additional $400,000 and $250,000 worth of stock due on the first anniversary of the closing. Once a resource estimate with a minimum of 100,000 tonnes of copper-equivalent is complete, an additional $1.25 million worth of Trigon shares would be due to the vendor.

Trigon Metals has a $14.9-million market capitalization. TNM

11

ECUADOR

| Updated economic assessment adds 9 years to open pit project

BY CANADIAN MINING JOURNAL STAFF

A

canadianminingjournal.com

n updated preliminary economic assessment (PEA) for Lumina Gold’s (TSXV: LUM; US-OTC: LMGDF) Cangrejos gold-copper project in southern Ecuador has added nine years to the mine life and improved economics while increasing the initial capex to US$1 billion from US$831 million.

The extended mine life for the open pit project in Ecuador’s El Oro province, comes from increased resources at Cangrejos and a maiden resource compiled late last year at the Gran Bestia deposit located 1 km away. The economics were boosted by the addition of resources as well as an improved process flow sheet.

With average annual production of 366,000 oz. gold and 46 million lb. copper, the project’s post-tax net present value is now estimated at US$1.6 billion at a discount rate of 5%, with an internal rate of return (IRR) of 16.2%.

That compares with a mine life of 16 years and annual production of 373,000 oz. gold and 43 million lb. copper in the previous PEA, completed in mid-2018. That study projected an NPV of US$920 million and an IRR of 15%.

In a news release, Lumina president and CEO Marshall Koval said he was pleased by the increase in the NPV by over US$600 million, as well as the project’s ability to sustain high production of over 360,000 oz. gold per year over 25 years.

“Cangrejos is an exceptional global gold deposit and one of the few of this scale that is 100% controlled by an independent developer,” he said. “Ecuador has made substantial progress in its mining sector with the successful commissioning of Fruta del Norte and Mirador. Now the country will turn their focus to the next generation of development projects.”

The proposed processing plant for Cangrejos is a conventional copper-gold flotation concentrator and carbon-in-leach (CIL) circuit

MARKETS From 8

25% in the next five years.

According to the Copper Development Association, batterypowered EVs contain around 183 lbs. of copper compared with approximately 18 to 49 lbs. for conventional cars.

“Although the long-term electrification is going to be massively bullish for copper, this year the EV market was hurt significantly, Covid-19 aside.” Scott-Gray said. “Overall, moves from China last July to cut subsidies resulted in a 10-month consecutive decline in NEV sales.”

Now that subsidies are stricter in range and cost parameters, NEV sales are likely to decline, which is the current trend even without Covid-19, she added.

Even with the ramping-up of manufacturing, Scott-Gray added, this long-term trend is “worth keeping in mind. ”The failure of the U.S.’s stimulus package to provide relief for the EVs market, the lowering of fuel efficiency standards, from 5% to 1.5%, by U.S. President Donald Trump, and the impact of Covid-19 on retail spending, suggests a nega-

Aerial view of Lumina’s Cangrejos camp in southern Ecuador. LUMINA GOLD.

Drilling at the Cangrejos gold-copper project in Ecuador. LUMINA GOLD.

that will handle 40,000 tonnes per day for the first five years. Starting in year six, the capacity would be doubled for the remainder of the mine life to 80,000 tonnes per day.

The plant is designed to produce a gold and silver doré, a copper-gold flotation concentrate that will ac-

count for the majority of revenue, and a molybdenum concentrate.

The addition of a CIL plant, tailings filtration and tailings and ore conveying costs, all pushed the initial project capex higher by U$169 million to US$1 billion in the updated PEA. Cash operating costs are projected

tive “outlook for big-ticket items like cars, let alone EVs,” she noted.

The lockdowns have also impacted the scrap copper markets, disrupting both the generation and collection of copper scrap and the flow-through the consumers.

“We are now also starting to hear that scrap merchants are worried about the prospect for future supplies,” Wood Mackenzie’s Joannides said. “Some scrap yards in key countries of supply, such as the USA, have closed their operations as a result of the [coronavirus] outbreak, and industrial generation in certain sectors, including the hard-hit automotive and aerospace sectors, has ceased, increasing the risk that supplies could dry up.”

As economies start to revive, the volume of scrap copper coming to the market will depend heavily on the recovery of the industrial sector.

Still, the supply of scrap copper, she notes, will likely remain a challenge for some time to come.

Disruptions to the supply of mined copper are also supporting an uptick in prices, Joannides added.

The total volume of mine disruptions we have identified for the year-to-end May is around 670,000

tonnes or 3.1% of our initial production estimates, with the bulk of this directly attributable to the coronavirus and with over 60% of the total related to mines in Peru and Chile.”

Using data provided by CRU International, analysis by ScottGray shows that disruptions to mine production from Covid-19 have negatively impacted global copper supply, leading to losses of around 434,000 tonnes worldwide and a further 159,000 tonnes from cutbacks in mine production.

Production losses were highest in Central and South American mines at around 358,000 tonnes as the region became the latest Covid-19 hotspot, Scott-Gray notes.

In particular, Chile, which accounts for approximately 28% of global production, has seen a reduction in output of about 1% annual production compared with a forecast rise of 4.1% year on year due to the pandemic, the Chilean Copper Commission reported.

The output from Peruvian mines declined over the first quarter by 12.2% year on year, a loss of around 72,000 tonnes, Scott-Gray added, with production losses in April of

at US$545 per oz. with all-in sustaining costs (AISCs) of US$604 per oz., net of byproduct credits. The PEA used a gold price of US$1,400 per oz. (up from US$1,300 per oz.) and a copper price of US$2.75 per lb. (down from US$3.25 per lb.).

Gold is expected to account for 79% of life-of mine revenues, with copper contributing 19.4%.

The Congrejos deposit contains an indicated resource of 469.7 million tonnes grading 0.59 gram gold per tonne, 0.12% copper, 0.7 gram silver per tonne and 22.4 parts per million (ppm) molybdenum (or 0.77 gram gold equivalent). Inferred resources add 254.9 million tonnes grading 0.43 gram gold, 0.08% copper, 0.7 gram silver and 14.8 ppm molybdenum (or 0.55 gram gold equivalent).

Gran Bestia contains an indicated resource of 101.1 million tonnes grading 0.46 gram gold, 0.08% copper, 0.6 gram silver and 15.4 ppm molybdenum (or 0.58 gram gold equivalent). Inferred resources add 245.5 million tonnes grading 0.4 gram gold, 0.07% copper, 0.6 gram silver and 11.3 ppm moly (or 0.5 gram gold equivalent).

Both resource estimates use a 0.3 gram per tonne cutoff grade and resources contain a mixture of saprolite, partially oxidized and fresh rock. TNM — This article first appeared in our sister publication, the Canadian Mining Journal.

65,000 tonnes, a year-on-year fall of 34.7%, with the losses attributable to not only Covid-19 but also ongoing protests at MMG’s Las Bambas copper mine.

“Given that the region contributes to 40% of total global mine supply, there remains an ongoing risk to production forecasts for the remainder of the year,” Joannides said. “However, in most cases, mining has been deemed critical, and there has been a gradual ramp-up of activity through May.” Production losses at North American mines accounted for around 191,000 tonnes, Scott-Gray notes, with Asian mines accounting for 26,000 tonnes, African mines 14,000 tonnes, European mines 3,000 tonnes, and Australasian mines 1,000 tonnes.

Her analysis also shows that disruptions in smelter operations also led to an additional loss of 198,000 tonnes, with Asian smelters accounting for 86% of total losses.

“Unless there is a significant uptick in cases from a second wave of the virus, then the impact on copper prices from mine production losses has mostly played-out,” Scott-Gray said. TNM

12

WWW.NORTHERNMINER.COM

JUNE 22–JULY 5, 2020 / THE NORTHERN MINER

Probe Metals extends gold zones at Val-d’Or East QUEBEC

P

BY CANADIAN MINING JOURNAL STAFF

robe Metals (TSX: PRB; USOTC: PROBF) has released assay results for drill holes completed at its wholly owned Val-d’Or East property, which covers 119 sq. km near Val-d’Or, Quebec.

According to the company, drilling has extended the Bussiere West and Southeast zones, which lie along the Courvan gold trend, on strike and at depth.

The drill highlights included 14 metres of 6.8 grams gold per tonne starting at 168 metres from the Creek zone, 11 metres of 8.9 grams gold starting at 183 metres at the Southeast zone, as well as 1 metre of 9.2 grams gold from 120 metres at the Bussiere West zone.

Hole CO-139, which returned the 11-metre-long intercept, targeted the near-surface eastern extensions of the Southeast zone and stepped-out this zone to over 300 metres of strike.

“Results from the winter drilling program continue to show strong expansion of gold mineralization at numerous sites across the project,” David Palmer, the company’s president and CEO, said in a news release.

“These latest intercepts from Courvan show thick, high-grade mineralization located along trend of our current gold zones and represent some of the best results from the property to date.”

With the summer drill program, the company’s focus is now expected

| Company’s focus expected to shift to resource expansion this summer

“THESE LATEST INTERCEPTS FROM COURVAN SHOW THICK, HIGH-GRADE MINERALIZATION.” DAVID PALMER PRESIDENT AND CEO PROBE METALS

to shift to resource expansion around the higher-grade zones at Courvan in addition to infill work. Palmer noted that while Probe did experience delays due to closures associated with Covid-19 precautions in the province, the company does not expect this to impact its exploration plans for this year.

The Creek, Bussiere West and Southeast zones remain open on strike and below a depth of 250 metres.

There are two parallel gold trends at the Val-d’Or East property: Courvan and Pascalis; Probe sees potential for additional trends at the project.

Courvan hosts the past-producing Bissiere mine, which generated approximately 42,000 oz. from an average head grade of 5.8 grams gold until its closure in 1942.

Probe has been drilling within the Courvan trend since the fall of 2018. In September 2019, the company released a resource estimate for Val-d’Or East, with pit-constrained measured and indicated resources of 13.5 million tonnes at 1.69 grams gold for a total of 733,100 oz. and measured and indicated underground resources of 1.1 million tonnes at 3.91 grams gold containing 133,200 ounces.

Additional inferred resources stand at 28.3 million tonnes in the pitconstrained category, grading 1.49 grams gold, for a total of 1.4 million ounces. Underground inferred resources include 9.6 million tonnes at 3.35 grams gold, containing a total of 1 million ounces.

The open-pit resources were derived using a cut-off grade of 0.5 gram gold whereas the underground resource was estimated using a 1.95 gram gold cut-off. The resources are made up of several deposits along both the Courvan and Pascalis trends.

Probe Metals was formed as a result of the sale of Probe Mines to Goldcorp in March 2015.

Newmont (TSX: NGT; NYSE: NEM) holds a 12% stake in Probe Metals.

Over the last year, Probe’s shares have traded within a range of 55¢ and $1.53 and at press time were trading at $1.17.

The junior has about 126 million common shares outstanding for a $147-million market capitalization . TNM — This article first appeared in our sister publication, the Canadian Mining Journal.

The Val-d’Or East gold property owned by Probe Metals in Quebec. PROBE METALS.

Calibre reports positive maiden resource for Panteon deposit at Limon NICARAGUA

| Mine acquired from B2Gold in 2019

BY NORTHERN MINER STAFF

C

alibre Mining (TSX: CXB; USOTC: CXBMF) has reported the first resource estimate for the Panteon deposit at its Limon mine in Nicaragua.

The high-grade vein is about 150 metres from the company’s producing Santa Pancha underground mine.

Panteon has 90,000 indicated tonnes grading 9.88 grams gold per tonne for 29,000 contained oz. gold and another 303,000 inferred tonnes averaging 6.79 grams gold per tonne for 66,000 ounces.

The resource estimate was based on 122 diamond drill holes (72,672 metres), including 12 holes (12,265 metres) Calibre drilled in late 2019 and early 2020.

The mineral resource extends to a vertical depth of about 230 metres from surface, and the company believes there is potential for the deposit to remain open at depth. That’s because the deepest hole – a historic hole drilled by Noranda Mines, a previous operator – intersected 3.25 grams gold over 2 metres at a downhole depth starting from 422 metres.

Panteon is hosted within a low-sulphidation bonanza-style epithermal vein system typical of Nicaragua’s Limon district. Between 1965 and 1992, high-grade gold mineralization was mined along a 1,000-metre section

Underground haul truck driver at Calibre’s Limon mine in Nicaragua. B2GOLD.

of the vein system to vertical depths ranging from 100 to 135 metres.

Historical access to the Panteon deposit was provided by a shaft that provides ventilation for the Santa Pancha underground mine. Mine planning is underway to mine ma-

terial from Panteon in the fourth quarter of 2020.

This summer, Calibre expects to focus on resource expansion opportunities at Panteon, the main Limon vein system, and other targets in the district. In May, the company

increased its drill program by 30% for the year from 47,000 metres to 60,000 metres. Four drills will focus on Limon, four on Libertad and two at Pavon.

Calibre acquired the El Limon and La Libertad mines and Pavon gold project from B2Gold (TSX: BTO; NYSE-AM: BTG) in 2019 for $100 million in cash and shares – turning the company from an exploration and development company to a gold producer.

Prior to the outbreak of Covid-19, the company forecast 2020 production of 140,000 to 150,000 oz. at all-in sustaining costs (AISCs) of US$1,020 to US$1,060 per ounce. But the company suspended production at both mines in late March and withdrew its guidance for the year.

Farooq Hamed of Raymond James initiated coverage of the company on June 4, noting that Calibre “is on the cusp of another significant change as it is in the early stages of transitioning the two separate standalone mines into an integrated complex (the hub and spoke strategy), which we believe gives CXB the potential to grow production significantly from its existing resource and infrastructure base without the need for significant amounts of capital.”

The mining analyst estimates that by transitioning the two mines into a single complex, Calibre “can unlock

2.7 million tonnes per annum of processing capacity across its operations, allowing ores from El Limon, Pavon and other properties that have limited or no milling capacity to be hauled to and processed at La Libertad that has excess milling capacity.”

“The benefits of the hub and spoke strategy include: pulling forward of production from El Limon and other assets (NAV optimization), eliminating capital requirements to expand or build milling capacity, extending the life of La Libertad and deferring closure costs, and potentially lowering the bar to make regional exploration targets economic.”

In addition, Hamed said that the El Limon and El Libertad concessions have potential for resource growth, and pointed out that the company has three separate joint-venture agreements with Rio Tinto (NYSE: RIO; LSE: RIO), Iamgold (TSX: IMG), and Rosita Mining on its 876-sq.-km Borosi concessions in northeastern Nicaragua.

He has a strong buy rating on the company and a target price of $2.25 per share.

At press time in Toronto, Calibre was trading at $1.36 per share within a 52-week trading range of 47¢ and $1.46. The company has 328 million common shares outstanding for a $446-million market capitalization. TNM

DIAMONDS IN CANADA

GLOBAL MINING NEWS

THE NORTHERN MINER / JUNE 22–JULY 5, 2020

13

DIAMONDS IN CANADA SPECIAL FOCUS

Lucara’s digital sales platform poised for growth during Covid-19 INNOVATION

| Technology creates detailed, three-dimensional tomographic imagery of stones

BY ALISHA HIYATE

Editor in Chief of Diamonds in Canada and the Canadian Mining Journal

S

Above: Lucara Diamond’s Karowe open-pit diamond mine in Botswana. Left: Sorting diamonds from Lucara’s Karowe openpit diamond mine in Botswana. LUCARA DIAMOND.

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expansion project to 2021. With open pit mining ending in 2026, underground development is expected to extend Karowe’s mine life to 2040.

Lucara had been planning to spend $53 million on underground develop-

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“We’re not going to be selling those goods at a heavy discount; we don’t need to,” Thomas says, noting the company’s strong balance sheet means it can be flexible with its sales strategy. At the end of the first quarter, Lucara had $27.4 million in cash and equivalents and no debt.

There are already signs that demand is returning in larger, highervalue diamonds; however, the company isn’t prepared to hold a tender of “special” stones – those larger than 10.8 carats – until it gets a firmer grasp on demand trends.

With those promising signs, and diamond trading centre Antwerp starting to reopen in May, Thomas is optimistic that the market is getting back on track. The fact that big producers De Beers and Alrosa have cut production during the pandemic to account for weaker demand will also help avoid a glut of inventory that could stymie a recovery.

“A lot of industry experts are feeling that we will get a decent recovery in the coming weeks and months and that the end of the year will look a whole lot different,” she said. “The big question mark right now is what’s going to happen in America. That market is still pretty uncertain.”

Lucara suspended its guidance earlier this year, and for the first quarter, posted a net loss of US$3.2 million on revenue of US$34.1 million. (That compares with earnings of US$7.4 million on US$48.7 million in the first quarter of 2019.)

However, it has been able to run its Karowe open pit mine at full capacity during the pandemic, albeit with reduced onsite staff and safety, hygiene and health screening measures in place. The site has not seen any cases of the virus, and Botswana as a whole has not been hard hit with infections.

As a result of the pandemic, the company is delaying some planned spending at its Karowe underground

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found, the transaction is completed at the pre-set price, with Clara taking the difference.

“Over time, as people gain experience on the platform, we expect those margins to really narrow between the bid and the ask, and what we lose on margin, we’ll make up on volume,” Thomas explains.

On the producers’ side, the platform offers the opportunity for more frequent sales and flexibility to focus on getting the price they want, or selling their stones quickly when needed by adjusting the sales price.

And because the goods are being sold to the end-user, they are likely to get a better sales price.

Lucara’s Karowe mine produces around 400,000 carats of diamonds annually, with the majority of revenue coming from the large, highvalue stones the mine has become known for — including two stones that weighed over 1,000 carats. But only a small portion of Karowe production, namely diamonds between 1 and 10 carats in the better colours and qualities, is destined for Clara.

“Clara really does well with what we call ‘bread and butter’ goods,” Thomas explains. “There’s a big segment of the pipeline which is very simple to analyze and simple to predict in terms of polished outcome. That’s where the majority of the jewelry market is focused.”

In addition to offering some of its production through Clara (the company has sold 4,100 stones through the platform since 2018), Lucara normally has four regular tenders in Gaborone each year. After completing its first sale of the year in March, the company’s second planned sale in May had to be delayed because of the pandemic.

However, it is now ready to hold that sale this month in Antwerp, focused on selling its smaller production, rather than large, high-value stones.

in Bas Baarysin ry nd da Bou Boun

ince its first sale through its Clara sales platform in late 2018, Lucara Diamond (TSX: LUC) has sold US$12.1 million worth of diamonds using the digital technology.

The sales platform is designed to modernize the diamond sales process — uploading scanned images of each stone, selling each diamond individually, meeting exact manufacturer specifications, and, as opposed to an auction process, allowing buyers and sellers to set the price they’re willing to pay or take.

Demand was starting to ramp up on Clara at the end of last year, with monthly sales in early 2020 up 30% over the fourth quarter of 2019, said Lucara president and CEO Eira Thomas in an interview in early June.

And then the pandemic hit, with travel restrictions shutting down the diamond trade.

“This is the perfect kind of environment for Clara,” Thomas notes. “You can order diamonds from your desk, you don’t have to get on a plane — so we’ve actually seen a big uptick in interest in Clara and we’ve increased our customer base considerably in the second quarter.”

With regular physical sales shut down, Lucara has been able to continue with sales on Clara every two weeks.

So far, the only diamonds being offered for sale on the platform are from Lucara’s Karowe mine in Botswana, but as demand has increased, the company has been looking to bring other miners into the Clara fold.

“The next phase for us in 2020 is to onboard third-party production,” Thomas says. “We were well on our way to doing that – we had two fairly large trials scheduled to begin at the end of March, and of course that all got delayed because of the Covid crisis.”

Clara works with imagery provided

by Sarine Galaxy machines, which are extensively used by diamond manufacturers for diamond planning. The machines scan the surface and interior of each stone, creating a detailed, three-dimensional tomographic image that is then uploaded to the Clara platform and compared and matched to buyers’ specifications.

“The real secret sauce in Clara that nobody else has, and which is proprietary and patented, is a matching algorithm where we sort through all of the rough diamond inventory to find the optimal rough diamond to polish into the requested polished diamond from the manufacturer,” Thomas says. “We’re giving them exactly what they want.”

Manufacturers set the price they’re willing to pay for the stone they’ve specified and producers set the price they’re asking for. When a match is

-120° -120°

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14

DIAMONDS IN CANADA

JUNE 22–JULY 5, 2020 / THE NORTHERN MINER

WWW.NORTHERNMINER.COM

Star Diamond and Rio Tinto clash over project ownership COURT

| Injunction hearing set for late June

BY NORTHERN MINER STAFF

I

n spite of a legal dispute between partners Star Diamond (TSX: DIAM) and Rio Tinto (NYSE: RIO; LSE: RIO) at the Star-Orion South diamond project in northcentral Saskatchewan, the project should begin to see results this year from the first significant work conducted there in years.

In April, Rio Tinto began processing a bulk sample totalling 8,271 wet tonnes that was extracted from the Star kimberlite via 10 holes drilled last year. The major has built an onsite bulk sample processing plant, with mineral concentrates being shipped offsite for final diamond recovery. Star expects the sample to be processed and reported in 2020.

At issue is the ownership of the project. Rio Tinto signed an agreement to earn a majority stake in StarOrion, located 60 km east of Prince Albert, in 2017. Under the 7.5-year option agreement, Rio can earn up to 60% of the project in four phases by spending a total of $75 million.

But in November, the major gave Star notice that it was exercising all four options at once and well ahead of schedule.

Star, however, disputes that the major has validly earned a 60% stake, and in March, filed legal proceedings against Rio Tinto. The company claims Rio Tinto has breached the

The Star-Orion South diamond project, in Saskatchewan. SHORE GOLD.

agreement, incurred excessive costs, failed to share information with the junior and engaged in “predatory” practices. In court documents, Star said Rio Tinto spent $103 million at the project last year, almost double the amount Rio Tinto previously had estimated.

Rio Tinto has filed a statement of defence asking the court to dis-

miss its partner’s lawsuit, calling its claims baseless, and has also asked for unspecified damages.

Once Rio Tinto has earned 60% of the project, Star will have to pay its proportionate share of costs, or its interest in Star-Orion will be diluted. The cost of the proposed 2020 program was $106 million.

As a junior with a market cap of

$122 million and $6.7 million in working capital at the end of the first quarter, raising its share of funding would be a challenge.

As part of the legal proceedings, Star has asked the court for an injunction against Rio Tinto to prevent the major from calling a meeting of the management committee of the joint venture, or exercising any

of its option rights. The injunction hearing is set for late June. Rio Tinto has agreed not to exercise any option rights until then.

Star-Orion is a large, low-grade project that contains high-value diamonds (both large diamonds and rare Type IIa stones). The project has the potential to produce 66 million carats over a 34-year mine life, according to the most recent economic study on the project, a preliminary economic assessment from 2018 that pegged the capex at $1.4 billion.

In May, Star announced it had received microdiamond results from a hole drilled as part of a wider exploration program Rio Tinto is conducting at the project, outside of the two main kimberlites.

An 83-mm-diameter hole drilled at the K120 kimberlite returned 323 diamonds, two of which were macrodiamonds, from a 231.5-kg sample.

The larger macrodiamond weighed 0.552 carat and was a fragment, broken from a larger stone.

“The occurrence of a 0.55-carat diamond in a microdiamond sample is anomalous and speaks to the potential for a coarse diamond size frequency distribution and supports previous evaluation work conducted

by Star Diamond on the Orion North kimberlites,” George Read, Star Diamond’s senior vice-president of exploration and development, said in a news release. TNM

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GLOBAL MINING NEWS

THE NORTHERN MINER / JUNE 22–JULY 5, 2020

15

DIAMONDS SNAPSHOT

Six juniors that are hunting for gems For companies without the size and heft of the big producers De Beers and Alrosa, the diamond space has always been a challenging one – even before the coronavirus pandemic.

But with long-term fundamentals that point to a bright future for diamonds, some juniors are finding ways to advance their projects, despite the tough times. Here’s a look at several active Canadian-based diamond explorers (and one miner), with a focus on the prospective and friendly jurisdictions of Canada and Botswana. n

ADIA RESOURCES

Adia Resources is a private company held 54% by royalty company and prospect generator Altius Minerals (TSX: ALS). The company is advancing the 1,640-sq.km Lynx project, near Oxford House, Man., where it has recovered microdiamonds not from kimberlite, but from Archean age volcaniclastic rocks.

Last year, the company completed an initial three-hole, 1,258metre drill program at the Eastern Bay target at Lynx, with all three holes returning significant numbers of microdiamonds. From a total sample weight of 1,737 kg, 17,880 microdiamonds were recovered, with a total weight of 1 carat.

That includes 12 stones that were between 0.6 mm and 0.85 mm.

The Eastern Bay target is an ultramafic unit that extends for at least 2.25 km of strike, remains open to the northwest and southeast, and appears continuous. The unit ranges from 200 to 400 metres width and has been tested to 340 metres depth, where it remains open.

This year, Adia completed seven holes totalling 2,822 metres on the Eastern Bay and Western Bay targets. Five of the holes hit the ultramafic rock the company was targeting.

Core from this year’s program has been shipped to De Beers’ facilities in Sudbury, Ont., where detailed logging and sampling for microdiamonds analysis will be conducted. Results are expected later this summer.

De Beers owned a 4% stake in the company as of last fall, and is providing in-kind technical support on the project in exchange for shares in Adia.

MOUNTAIN PROVINCE DIAMONDS

n

Mountain Province Diamonds (TSX: MPVD; US-OTC: MPVD) holds 49% of the Gahcho Kué diamond mine in the Northwest Territories, operated by 51% owner De Beers.

The mine, 300 km northeast of Yellowknife, produced 6.8 million carats in 2019 and has continued to operate during the coronavirus pandemic. The current mine plan at Gahcho Kue includes three kimberlites — Hearne, 5034 and Tuzo — and was recently extended

Donald Hart chipping out a channel sample of a diamondiferous ultramafic sandstone unit near Adia’s Oxford House project in Manitoba. ALTIUS RESOURCES.

two years to 2030.

However, after holding two diamond sales earlier this year, Mountain Province was forced to cancel its third, due to travel restrictions that shut down the diamond trade.

In June, the company closed a $50-million transaction to sell rough diamonds to Dunebridge Worldwide, a company controlled by the company’s largest shareholder, Dermot Desmond. The alternative diamond sale, which will include only run-of-mine diamonds under 10.8 carats, was approved by a committee of independent directors.

In a release, the company noted that the deal is expected to provide the liquidity required in the short term while it waits for the gradual reopening of the global economy and traditional selling methods.

The first $22 million worth of diamonds was expected to be sold to Dunebridge on June 11. When the diamonds are sold to a thirdbuyer in future, Mountain Province will share in 50% of the price upside, less expenses related to future sales costs and fees.

In addition to Gahcho Kué, Mountain Province holds 671.6 sq. km of adjacent ground as part of the Kennady North project. The project includes the Kelvin-Faraday corridor of kimberlites.

NORTH ARROW MINERALS

n

With several grassroots diamond discoveries in Canada under its belt, North Arrow Minerals (TSXV: NAR) is now focused on the Q1-4 kimberlite, part of its advanced Naujaat diamond project, in Nunavut.

In early June, the junior signed

an option agreement with EHR Resources (ASX: EHX) to advance the project with a bulk sample at Q1-4. In return for a $5.6-million investment to collect a 1,500-2,000 tonne bulk sample next year, EHR will earn a 40% interest in Naujaat.

EHR has already transferred a non-refundable $300,000 to North Arrow in order to supply the project by sealift this year to prepare for the bulk sample program, slated to start next June. The sample will be shipped and processed during the fourth quarter of 2021, with diamond recovery results expected to follow in the first quarter of 2022.

Under the deal, EHR must raise the remainder of the funds for next year’s program by next April.

In addition, the two parties have signed a non-binding letter of intent to negotiate a second agreement under which EHR can earn an additional 20% interest in Naujaat by funding a 10,000-tonne bulk sample.

The Q1-4 kimberlite is known to host rare orangey-yellow diamonds. However, a larger sample is required to determine the prevalence of fancy-coloured diamonds at Q1-4, their value, and their size distribution.

The 12.5-hectare kimberlite hosts inferred resources of 48.8 million tonnes grading 53.6 carats per hundred tonnes for 26.1 million carats.

North Arrow acquired the 107.4-sq-km Naujaat project, which hosts a total of eight kimberlite pipes, in 2013 from Stornoway Diamond.

The company has made several diamond discoveries in Canada, including at the Mel project in Nunavut, and the Pikoo project in Saskatchewan. It also holds the

Loki project in the Northwest Territories, as well as a 21% interest in the Lac de Gras JV with Dominion Diamond. n

PANGOLIN DIAMONDS

Pangolin Diamonds (TSXV: PAN) has seven projects totalling 107 sq. km in diamond-rich Botswana.

Fieldwork in Botswana ceased at the end of March due to a coronavirus lockdown in the country,

but is anticipated to restart soon.

In preparation, in early June, the company announced it intends to raise $600,000 through a private placement.

Pangolin’s most advanced prospect is the AK10 kimberlite, which is only 4.4 km away from Lucara Diamond’s Karowe mine. The See SNAPSHOT / 16

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Advancing towards producing the world’s “greenest copper” at the Kamoa-Kakula Mine, with initial production on track for Q3 2021.

16

WWW.NORTHERNMINER.COM

JUNE 22–JULY 5, 2020 / THE NORTHERN MINER

The camp at De Beers and Mountain Province Diamonds’ Gahcho Kué diamond mine, 300 km northeast of Yellowknife, Northwest Territories. MOUNTAIN PROVINCE DIAMONDS.

Haul truck and shovel at Gahcho Kué diamond mine, owned by De Beers and Mountain Province in the NWT. MOUNTAIN PROVINCE DIAMONDS. Taking a 200-tonne sample at North Arrow’s Naujaat diamond project, in Nunavut, while drilling continues in the background. NORTH ARROW MINERALS INC.

TSXV:NAR

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SNAPSHOT From 15

junior signed an option in mid2018 with a private company to earn up to 75% of the kimberlite.

Under the agreement, the junior is required to extract a 500-tonne mini-bulk sample at AK10 before the end of the year.

Before the pandemic, in January, it was awaiting final clearance from the Department of Mines for the program. Like Karowe, AK10 has the potential to host large (50 carats plus), Type IIa diamonds, based on kimberlite indicator mineral analysis.

Pangolin is also advancing earlier-stage exploration projects; it recently announced positive exploration results from its Kwaneng project, 20 km north of the capital of Gaborone.

Drilling at the project intersected a shallow ultramafic hypabyssal dyke with a true width of 6 metres.

The company reports that the dyke material is highly altered and is believed to be phlogopite-rich lamprophyre, similar to the diamondiferous lamprophyres discovered about 33 km away in the late 1990s.

Based on soil-sampling results that identified an 850 metre by 250-metre chromite anomaly in the area, Pangolin expects there may be more dykes nearby.

In January, Pangolin announced that an initial percussion drill program testing several targets at its 10-sq.-km MSC area within its Malatswae project returned no evidence of kimberlite, except one garnet recovered from one of the holes. Soil sampling at the project has returned 19 diamonds to date.

n

TALMORA DIAMOND

n

TRES-OR RESOURCES

Talmora Diamond (CSE: TAI) holds the Horton River project in the Lena West region of the Northwest Territories, which it acquired in 2003.

The property has never seen any core drilling, but is being investigated as the possible source of 18 macrodiamonds found in regional samples down ice to the west and of the positive indicator mineral chemistry found regionally.

In 2018, Olivut Resources signed an option agreement with Talmora on a portion of the property, called the Seahorse project. Olivut can earn a 50% interest in Seahorse by completing $1.2 million worth of work to test a number of magnetic targets, and paying Talmora $200,000.

Last year, Olivut completed a detailed helimag geophysical survey, followed by a six-hole drill program completed with a heliportable reverse-circulation drill.

The junior reports that the results were encouraging.

Each of the holes intersected fine-grained clays that do not appear to be derived from the exposed dolomite country rock near the targets. While the host rock could not be identified, Olivut noted whole rock and multielement geoanalytical results have returned complex chemistry that warrants further work.

As of last fall, Olivut had spent $1.3 million on the Seahorse project; it must decide whether to exercise its option by July 6, 2020.

Tres-Or Resources (TSXV: TRS) is advancing the Guigues kimberlite pipe in southwestern Quebec, 10

km from Notre-Dame-du-Nord.

The Guigues kimberlite was originally discovered by De Beers in 1983, and passed through several owners before Tres-Or acquired it in 2003.

In the late 1980s, a 2-mm by 1-mm by 0.5-mm macrodiamond was recovered in reverse-circulation drilling at Guigues. In 2009, Tres-Or collected several small samples from the kimberlite that showed promising mineral chemistry (eclogitic garnets with diamond inclusion compositions).

Until now, however, the kimberlite has not seen modern microdiamond testing.

Last year, Tres-Or conducted a five-hole 1,432-metre drill campaign at Guigues. All five holes intersected kimberlite, with two holes ending in kimberlite at 300 metres depth. The samples arrived at a CF Mineral Research lab for analysis in late May. Tres-Or says Guigues, which is estimated at 5 to 7 hectares in size, has similar mineral chemistry as De Beers’ Victor mine in northern Ontario. Like Victor, the potential diamond source for Guigues is marked by recovery of eclogite and lherzolite garnets that have distinctive compositions, rather than G10 garnets, as in the dominant exploration model for diamonds.

The Notre-Dame-du-Nord property that hosts Guigues also contains two other kimberlite pipes and three other kimberlite bodies discovered by drilling.

In order to advance Guigues, Tres-Or optioned its Fontana gold project, near Amos, Que., to private company Kiboko Exploration in a $6.5-million deal last year. TNM

GLOBAL MINING NEWS

THE NORTHERN MINER / JUNE 22–JULY 5, 2020

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JUNE 22–JULY 5, 2020 / THE NORTHERN MINER

M A R K E T N EWS TORONTO STOCK EXCHANGE / JUNE 8 – JUNE 12 Concerns about a new surge of coronavirus infections sent the S&P/TSX Composite Index down 3.77%, or 597.50 points, to finish the June 8-12 trading week at 15,256.57. Spot gold rose 2.76%, or US$46.50 per oz., to close at US$1,730.50 per oz., and the S&P/TSX Global Gold Index climbed 2.07%, or 6.28 points, to 309.78. Other indexes were mixed. The S&P/ TSX Base Metals Index fell 3.71% (3.41 points) to 88.60 while the S&P/TSX Global Mining Index finished at 85.44, up 0.36% (0.31 points).

Shares of Barrick Gold rose $1.45 to $32.74.

The company denied claims that it sought to unlawfully export gold from the Porgera mine in Papua New Guinea that it jointly owns with China’s Zijin Mining. On June 5, Papua New Guinea’s mining regulator had accused Barrick Niugini (BNL) – the operator of the mine – of seeking to illegally export US$13 million in silver and gold to Australia. The country’s Mineral Resources Authority said the move would be illegal given that BNL is not allowed to process or ship gold, since the government refused to extend the mining lease for Porgera several months ago.

Barrick CEO Mark Bristow told Bloomberg news that the joint-venture “categorically rejects any claim that it, or its representatives, have violated the law in any way.”

Bristow also explained that the dispute centred around gold that had been processed from ore that remained in its milling circuit after the

mine was placed on care and maintenance and said a Papua New Guinea court has granted the company the right to challenge the government’s decision to deny its mining licence and that a judicial review to assess whether the government followed due process will be held on July 20. Operations at the mine were halted in late April, following Prime Minister James Marape’s decision not to renew its lease.

Barrick, which is challenging the resolution in court, welcomed last month a ruling ordering the PNG government to review the requested lease extension for the Porgera mine. Barrick and Zijin applied in June 2017 for a 20-year renewal of the Porgera’s lease, which expired in August 2019.

Shares of Starcore International jumped 61% to 15¢ on news that the company had repaid TSX MOST ACTIVE ISSUES

Suncor Energy B2Gold Corp Barrick Gold Kinross Gold Trevali Mng Yamana Gold First Quantum Guyana Gldflds Freegold Vent New Gold

SU BTO ABX K TV YRI FM GUY FVL NGD

VOLUME (000s) HIGH

WEEK LOW CLOSE CHANGE

54535 29.39 31943 7.44 29759 34.96 27892 9.06 26567 0.13 22002 7.31 17366 10.27 17038 1.77 16450 0.56 16005 2.07

24.02 24.87 - 3.70 6.68 6.97 + 0.08 30.65 32.74 + 1.45 8.18 8.43 + 0.08 0.08 0.10 + 0.02 6.60 6.64 - 0.11 8.39 8.79 - 0.73 1.68 1.76unch 0.00 0.47 0.54 + 0.06 1.57 1.71 + 0.13

all of its debt. The payments were made from the company’s cash flow generated from its mine operations and prior asset sales. Robert Eadie, Starcore’s CEO, said the company can now direct its positive cash flow to improving production at its San Martin gold and silver mine, an underground epithermal deposit in Mexico, with an average grade of 2.31 grams gold per tonne and 18 grams silver. The mine has operated since 1993 and Starcore acquired

the asset from Goldcorp in February 2008.

Goldcorp acquired the property through the takeover of Wheaton River.

B2Gold’s shares climbed 8¢ to $6.97. The company declared a cash dividend for the second quarter of 2¢ per share, up from its previous quarterly dividend of 1¢ per share.

B2Gold forecasts consolidated gold production this year of between 1 million and 1.06 million ounces. TNM

TSX GREATEST PERCENTAGE CHANGE VOLUME (000s) HIGH

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TSX GREATEST VALUE CHANGE

WEEK LOW CLOSE CHANGE

1144 0.18 0.09 12 92.02 66.93 3522 0.70 0.50 1152 1.30 0.32 863 0.14 0.10 26567 0.13 0.08 72 0.10 0.06 85 0.54 0.28 54 0.18 0.00 279 0.39 0.29 152 0.05 0.03 2310 0.05 0.04 256 0.19 0.13 473 0.03 0.02 23 2.75 2.14 1498 6.81 5.39 92 2.30 1.95 3802 2.09 1.73 3641 0.34 0.28 150 0.57 0.46

0.15 88.05 0.64 0.45 0.12 0.10 0.10 0.32 0.17 0.34 0.03 0.04 0.14 0.02 2.30 5.62 1.97 1.77 0.28 0.48

+ + + + + + + + + + -

61.1 32.4 28.0 27.1 20.0 18.8 18.8 18.5 17.9 17.2 25.0 22.2 22.2 20.0 17.6 17.1 15.1 14.1 13.8 13.6

VOLUME (000s)

Aura Minerals Franco-Nevada Agnico Eagle Newmont Corp Barrick Gold Wheaton Prec M SSR Mining Labrador IOR Centerra Gold Nexa Resources Suncor Energy Nutrien Teck Res Kirkland Lake Ero Copper Teck Res Lithium Amer NovaGold Res First Quantum Atalaya Mining

ORA FNV AEM NGT ABX WPM SSRM LIF CG NEXA SU NTR TECK.B KL ERO TECK.A LAC NG FM AYM

12 3198 4743 942 29759 6277 2538 1357 5276 13 54535 8129 14000 6545 1009 15 1498 5039 17366 23

WEEK CLOSE

CHANGE

88.05 175.68 80.56 75.37 32.74 51.86 25.13 23.79 13.06 7.03 24.87 49.27 14.11 49.84 17.04 15.90 5.62 11.42 8.79 2.30

+ 21.55 + 2.74 + 2.33 + 1.96 + 1.45 + 1.16 + 1.03 + 0.84 + 0.79 + 0.71 - 3.70 - 2.11 - 1.58 - 1.51 - 1.46 - 1.30 - 1.16 - 0.74 - 0.73 - 0.49

TSX VENTURE EXCHANGE / JUNE 8 – JUNE 12 The S&P/TSX Venture Composite Index fell by 0.36% to finish the June 8-12 trading week at 554.91, with gold finishing the week at US$1,730.50 per oz., a rise of US$46.50 per oz. from the previous week.

Shares of Artemis Gold jumped 75% to $3.09 following news of its plans to purchase New Gold’s Blackwater gold project for $190 million in cash. Under the agreement, Artemis will pay New Gold an initial payment of $140 million upon closing and $50 million 12 months thereafter. Artemis hopes to fund the acquisition from the proceeds of a bought deal private placement (about $105 million) and a non-brokered private placement (about $70 million). New Gold will also receive a stream on 8% of the gold produced at Blackwater and $20 million in Artemis shares for a 9.9% stake in the company. The development stage project is located approximately 160 km southwest of Prince George and 446 km northeast of Vancouver in British Columbia. It contains measured and indicated resources of 61.6 million tonnes grading 0.71 gram gold per tonne and 4.5 grams silver for 1.4 million oz. contained gold and 8.9 million oz. silver.

Rupert Resources rose by 21.7% to $2.19 per share. The company released new exploration

drill results from the Heina South target at its 100% owned Pahtavaara project in Finland’s Central Lapland Greenstone Belt. Drilling focussed on the northern-most part of the prospect.

Highlights included drill hole 120011, which intersected 9.5 metres grading 5.2 grams gold per tonne and 1 metre grading 40.7 grams gold from 39 metres downhole. Gold mineralisation lies within a pyrite-quartz vein stockwork up to 20 metres wide and a projected strike length of approximately 400 metres. It remains open to the northeast, the west, and at depth.

Shares of SRG Mining rose to 58¢ per share, up 61.1%. The company signed its sixth offtake agreement for 8,000 tonnes graphite over three years from its Lola graphite project, located apTSX-V MOST ACTIVE ISSUES VOLUME (000s) HIGH

Central Iron Azincourt Ener Auramex Res Pinecrest Res BlueBird Batt Gold Rush Cari Leeta Gold American Creek Vangold Res Banyan Gold

CIO AAZ AUX PCR BATT GDBO HIVE AMK VGLD BYN

30638 15085 13465 11472 10425 9593 9163 8185 8044 7630

0.25 0.06 0.07 0.45 0.19 0.04 0.40 0.12 0.14 0.14

WEEK LOW CLOSE CHANGE

0.02 0.03 0.05 0.39 0.14 0.00 0.33 0.08 0.11 0.12

0.16 + 0.04 0.07unch 0.41 + 0.17 + 0.02 + 0.35 0.12 + 0.13 + 0.13 +

0.14 0.02 0.00 0.02 0.03 0.01 0.05 0.03 0.03 0.02

proximately 3.5 km east of Lola in the Republic of Guinea and 1,000 km southeast of the capital Conakry. The deposit is over 7.8 km long at the surface, 370 metres wide, and continues at depth with mineralisation exposed along the entire strike length. Surface samples graded from trace amounts up to 20% graphite with

over 50% of the graphite occurring as large flake (+80 mesh) and 26% as “jumbo” flake (+50 mesh). The latest offtake brings the total offtakes to 136,000 tonnes of graphite over three years, representing approximately 90% of the project’s anticipated production over that period, the company reports. TNM TSX-V GREATEST VALUE CHANGE

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

Central Iron Prism Res Buffalo Coal Cache Explor Adex Mining Artemis Gold Angus Ventures Olivut Res Western Troy C Cresval Cap ExGen Res Inc Kingman Min Themac Res Azincourt Ener AsiaBaseMetals BC Moly Nortec Mnls Sphinx Res Uravan Mnrls Newmac Res

CIO PRS BUF CAY ADE ARTG GUS OLV WRY.H CRV EXG KGS MAC AAZ ABZ BM.H NVT SFX UVN NER

30638 250 1083 4629 3469 3242 35 238 977 300 38 1813 5 15085 46 2 518 2302 119 11

0.25 0.03 0.01 0.02 0.01 3.73 0.71 0.05 0.06 0.03 0.01 0.13 0.05 0.06 0.39 0.03 0.02 0.02 0.03 0.04

VOLUME (000s)

WEEK LOW CLOSE CHANGE

0.02 0.03 0.01 0.01 0.01 1.78 0.52 0.03 0.04 0.00 0.01 0.08 0.05 0.03 0.00 0.00 0.01 0.01 0.02 0.00

0.16 0.03 0.01 0.01 0.01 3.09 0.71 0.05 0.05 0.03 0.01 0.09 0.05 0.04 0.33 0.03 0.01 0.01 0.02 0.04

+ 675.0 + 150.0 + 100.0 + 100.0 + 100.0 + 74.6 + 69.0 + 66.7 + 66.7 + 66.7 - 50.0 - 46.9 - 37.5 - 36.4 - 34.3 - 33.3 - 33.3 - 33.3 - 33.3 - 30.0

Great Bear Res Artemis Gold Tudor Gold Gold X Mining Abitibi Royal Rupert Res Teuton Res Angus Ventures Tanqueray Expl SRG Mining Universal Vent Chesapeake Gld Bear Creek Mng Sigma Lithium New Pac Metals AsiaBaseMetals Standard Lith EMX Royalty McChip Res IsoEnergy Ltd

GBR ARTG TUD GLDX RZZ RUP TUO GUS IPA SRG MCLD CKG BCM SGMA NUAG ABZ SLL EMX MCS ISO

WEEK CLOSE

954 12.99 3242 3.09 3116 1.36 528 2.84 12 21.90 575 2.19 811 1.20 35 0.71 2945 1.86 285 0.58 328 3.75 125 3.71 340 2.30 40 1.58 541 5.18 46 0.33 1133 1.25 122 2.44 11 0.40 431 0.60

CHANGE

+ + + + + + + + + + -

2.20 1.32 0.46 0.44 0.41 0.39 0.30 0.29 0.23 0.23 0.40 0.29 0.28 0.27 0.22 0.17 0.16 0.16 0.12 0.11

U.S. MARKETS / JUNE 8 – JUNE 12 Coronavirus cases in the U.S. topped 2 million and fears of a rise in infections pummelled the stock market. The Dow Jones Industrial Average Index plunged 5.55%, or 1,505.44 points, to finish the June 8-12 trading week at 25,605.54, and the S&P 500 dropped 4.78%, or 152.62 points, to 3,041.31. Spot gold finished at US$1,730.50 per oz., a gain of US$46.50 per oz., or 2.76%.

Shares of AngloGold Ashanti rose US52¢ to US$24.34. The company reported unaudited quarterly results for the three months ended March 31. Strong performances from the Kibali mine in the Democratic Republic of Congo, Geita in Tanzania and Iduapriem in Ghana resulted in consolidated production of 716,000 oz. gold in the first quarter. The company noted that the impact of the coronavirus on production amounted to 11,000 oz. gold during the quarter. Adjusted earnings before interest, taxes, depreciation and amortization (EBIDTA) rose 51% year-on-year from US$288 million to US$434 million. The company reported liquidity of US$2 billion at the end of the quarter.

Rio Tinto CEO Jean-Sebastien Jacques apologized on June 12 for the company’s destruction in late May of two ancient and sacred Aboriginal caves in Western Australia. The caves contained artifacts considered

evidence of habitation dating back thousands of years and the company blew them up with dynamite while carrying out work to expand its iron ore operation in the Pilbara region. “We are very sorry for the distress we have caused the PKKP in relation to Juukan Gorge and our first priority remains rebuilding trust with the PKKP,” Jacques said in a prepared statement.

He was referring to the Puutu Kunti Kurrama and Pinikura (PKKP) people. He also said Rio Tinto would “fully cooperate with the inquiry by the Joint Standing Committee on Northern Australia while also continuing to support the West Australian government in the reform of the Aboriginal Heritage Act 1972 (WA).” Shares of Rio Tinto rose US95¢ U.S. MOST ACTIVE ISSUES VOLUME (000s) HIGH

Vale* VALE 142331 11.30 Freeport McMoR* FCX125928 0.37 Barrick Gold* GOLD 104994 25.90 Yamana Gold* AUY 103104 5.42 Kinross Gold* KGC 96242 6.72 Cleveland-Clif* CLF 70280 7.09 United States S* X 70060 10.96 Newmont Corp* NEM 57992 59.88 Chevron Corp* CVX 56682 103.59 Alcoa* AA 49191 13.04

WEEK LOW CLOSE CHANGE

10.18 10.63 - 0.41 11.50 9.7910.49 22.89 4.85 6.09 5.55 8.32 53.50 89.12 10.27

24.07 + 0.78 4.91 - 0.11 6.19 - 0.03 6.32 - 0.16 9.23 - 0.96 55.45 + 0.69 92.39 - 8.42 11.53 - 0.54

to finish the week at US$57.50 Shares of Kinross Gold were down US3¢ to US$6.19. The gold miner sold its 10.93 million shares in Pinecrest Resources at a price of C36¢ per share for proceeds of C$3.9 million.

The shares made up about 17% of Pinecrest’s issued and outstanding shares. Kinross no longer owns any shares in the junior. Pinecrest

noted that Ruffer LLP along with other institutional investors in London, Hong Kong, Canada and the U.S. purchased the shares.

Pinecrest is advancing its Enchi gold project in southwestern Ghana. Enchi has inferred resources of 37.36 million tonnes grading 0.90 gram gold per tonne for 1.08 million oz. gold using a cut-off grade of 0.5 gram gold. TNM

U.S. GREATEST PERCENTAGE CHANGE Nexa Resources* DRDGOLD* Alamos Gold* Barrick Gold* Gold Fields* AngloGold Ash* Agnico Eagle* Rio Tinto* Newmont Corp* Wheaton Prec M* Trecora Res* Peabody Enrgy* Lithium Amer* Suncor Energy* CONSOL Energy* Turquoise HIl* MartinMarietta* Arch Coal* Teck Res* Mechel*

NEXA DRD AGI GOLD GFI AU AEM RIO NEM WPM TREC BTU LAC SU CEIX TRQ MLM ARCH TECK MTL

VOLUME (000s) HIGH

249 5.85 2365 10.79 20994 8.28 104994 25.90 40629 8.18 18197 26.38 9235 63.04 13137 58.91 57992 59.88 12950 41.16 659 7.17 17260 5.22 3254 5.06 25555 21.95 3200 9.95 16926 0.80 3245 230.46 2511 41.08 23725 12.28 310 2.05

U.S. GREATEST VALUE CHANGE

WEEK LOW CLOSE CHANGE

5.00 5.34 9.08 10.11 7.43 7.77 22.89 24.07 7.15 7.48 23.34 24.34 56.95 59.25 55.41 57.50 53.50 55.45 36.94 38.12 4.97 5.02 3.36 3.49 3.95 4.15 17.62 18.32 6.70 7.07 0.63 0.68 188.24 197.05 31.88 33.01 9.86 10.39 1.77 1.82

+ + + + + + + + + + -

10.6 9.3 4.2 3.3 2.2 2.2 1.8 1.7 1.3 1.0 27.5 19.2 17.2 13.7 13.1 12.8 12.6 12.4 10.9 10.8

VOLUME (000s)

Agnico Eagle* AEM Rio Tinto* RIO DRDGOLD* DRD Barrick Gold* GOLD Newmont Corp* NEM AngloGold Ash* AU Nexa Resources* NEXA Wheaton Prec M* WPM Franco-Nevada* FNV Alamos Gold* AGI MartinMarietta* MLM Chevron Corp* CVX Black Hills* BKH Arch Coal* ARCH Suncor Energy* SU NACCO Ind* NC Nutrien* NTR Southern Copp* SCCO Trecora Res* TREC Kirkland Lake* KL

9235 13137 2365 104994 57992 18197 249 12950 5003 20994 3245 56682 2115 2511 25555 119 7436 4348 659 9901

WEEK CLOSE

CHANGE

59.25 57.50 10.11 24.07 55.45 24.34 5.34 38.12 129.22 7.77 197.05 92.39 56.81 33.01 18.32 24.58 36.23 37.02 5.02 36.74

+ 1.07 + 0.95 + 0.86 + 0.78 + 0.69 + 0.52 + 0.51 + 0.37 + 0.34 + 0.31 - 28.38 - 8.42 - 5.18 - 4.68 - 2.90 - 2.46 - 2.00 - 1.93 - 1.90 - 1.43

GLOBAL MINING NEWS · SINCE 1915

THE NORTHERN MINER / JUNE 22–JULY 5, 2020

1 9

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 PRODUCER AND DEALER PRICES

LME WAREHOUSE LEVELS Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 11 2020 (change from June 4, 2020 in brackets): 7,220 1535250 231600 75475 232410 3330 119900

Aluminium Alloy Aluminium Copper Lead Nickel Tin Zinc

Coal: Central Appalachia, 12,500 Btu, 1.2 S02-R,W: US$55.45 Coal: Powder River Basin, 8,800 Btu, 0.8 S02-R, W: US$11.45 Cobalt: US$13.38/lb.

Copper: US$2.62/lb.

Copper: CME Group Futures July 2020: US$2.59/lb.; August 2020: US$2.59/lb Iridium: NY Dealer Mid-mkt US$1,635.00/tr oz.

Iron Ore 62% Fe CFR China-S: US$105.40 Lead: US$0.79/lb.

Phosphate Rock: US$86.00/tonne Potash: US$226.00/tonne Rhodium: Mid-mkt US$8,850.00 tr. oz.

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

Silver: Handy & Harman Base: US$17.55 per oz.; Handy & Harman Fabricated: US$21.94 per oz.

Tin: US$7.80/lb.

Uranium: U3O8, Trade Tech spot price: US$33.40 per lb. U308 Zinc: US$0.90/lb.

Prices current June 15, 2020

(+120) (+9000) (-16675) (-75) (-396) (+810) (+23625)

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.

52-week

Jun 12 15256.57 554.91 920.06 309.78 259.39

Jun 11 15050.92 544.20 908.66 313.23 259.39

Jun 10 15701.33 567.38 946.07 323.24 272.09

Jun 09 15833.74 564.79 954.25 311.50 261.53

TSX SHORT POSITIONS

Jun 08 15974.91 565.12 961.68 304.15 256.91

High 17970.51 601.37 1070.48 371.89 302.03

Low 11172.73 330.65 683.81 173.42 140.55

TSX VENTURE SHORT POSITIONS

Short positions outstanding as of May 31, 2020 (with changes from May 15, 2020) Largest short positions Yamana Gold YRI 17325093 4115673 New Gold NGD 16047153 -316877 Suncor Energy SU 15727186 1282111 Ivanhoe Mines IVN 13628446 77839 Trevali Mng TV 13359189 7514006 Barrick Gold ABX 12927762 -864163 Premier Gold M PG 12698194 -250787 Nexgen Energy NXE 12356536 -1418290 Kinross Gold K 12091936 245112 Teck Res TECK.B 11875975 -782413 Silvercorp Met SVM 11659313 5010402 B2Gold Corp BTO 10090901 -1043291 Fortuna Silvr FVI 9640755 -3540370 OceanaGold OGC 9096227 -33112 First Quantum FM 8998925 245294 Largest increase in short position Trevali Mng TV 13359189 7514006 Sabina Gd&Slvr SBB 6877379 6008257 Silvercorp Met SVM 11659313 5010402 Yamana Gold YRI 17325093 4115673 Argonaut Gold AR 7390941 1858946 Largest decrease in short position Fortuna Silvr FVI 9640755 -3540370 HudBay Min HBM 4144213 -2378226 Laramide Res LAM 1540654 -2208494 Katanga Mng KAT 107780 -2158096 Wallbridge Mng WM 1900044 -2154098

Short positions outstanding as of May 31, 2020 (with changes from May 15, 2020) Largest short positions Conic Metals NKL 3925664 -62574 New Pac Metals NUAG 2853432 -99801 Discovery Met DSV 1731724 1652799 Rio2 Limited RIO 1677390 50903 Minaurum Gold MGG 1670901 1562368 Ely Gold Royal ELY 1403398 679393 Vizsla Res VZLA 1331211 1179069 Aurcana Corp AUN 1284495 1077653 Vangold Res VGLD 1273243 1240216 American Lith LI 1180666 909397 Pistol Bay Mng PST 1009828 1002480 Azincourt Ener AAZ 963865 666933 Metalla Rylty MTA 946830 338994 RosCan Gold ROS 797696 150339 Great Bear Res GBR 770508 277805 Largest increase in short position Discovery Met DSV 1731724 1652799 Minaurum Gold MGG 1670901 1562368 Vangold Res VGLD 1273243 1240216 Vizsla Res VZLA 1331211 1179069 Aurcana Corp AUN 1284495 1077653 Largest decrease in short position Purepoint Uran PTU 40672 -2248477 Nortec Mnls NVT 502 -594498 Sun Metals SUNM 31000 -404354 Golden Valley GZZ 37703 -391391 Anfield Energy AEC 122106 -387083

5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020

5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020 5/15/2020

DAILY METAL PRICES Date

June 12

June 11

June 10

June 9

June 8

BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy Aluminum Copper Lead Nickel Tin Zinc

1214/1210 1560/1586.50 5785.50/5809 1739.50/1759.50 12733/12795 17200/17050 1991/1200

1214/1210 1582/1605.50 5801.50/5825 1711/1733.50 12615/12681 16985/16855 2003.50/2014.50

1200/1210 1613.50/1638 5801/5822 1736.50/1755.50 12881/12952 17285/17100 2001/2012

1213/1210 1665.50/1592.50 5680.50/5704 1726/1747 12804/12879 16930/16730 2002/2012

1210/1210 1569.50/1596 5659/5678.50 1738/1755 12943/13010 16760/16530 2009.50/2015

PRECIOUS METAL PRICES (London fix, LBMA silver price, US$ per troy oz.)

Gold AM Gold PM Silver Platinum Palladium

1735.85 1733.50 17.63 822.00 1935.00

1731.90 1738.25 17.88 820.00 1915.00

1717.65 1722.05 17.72 838.00 1970.00

1707.50 1713.50 17.63 833.00 1960.00

1692.00 1690.35 17.63 838.00 1995.00

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

Jun 12 1.3588 0.7359

Jun 11 1.3632 0.7336

Exchange rates (Quote Media, June 12, 2020) C$ to AUS C$ to EURO 1.073 0.6542 C$ to UK Pound C$ to China Yuan 0.5870 5.2170 US to AUS US to EURO 1.4565 0.8885 US to UK Pound US to China Yuan 0.7972 7.0834

Jun 10 1.3412 0.7456

Jun 09 1.3419 0.7452

C$ to YEN 79.0225 C$ to India Rupee 56.0113 US to YEN 107.3635 US to India Rupee 75.9570

Jun 08 1.3381 0.7473

C$ to Mex Peso 16.3521 C$ to Swiss Franc 0.7009 US to Mex Peso 22.2577 US to Swiss Franc 0.9522

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

NORTH AMERICAN STOCK EXCHANGE INDICES IndexName S&P/TSX Composite S&P/TSXV Composite S&P/TSX 60 S&P/TSX Global Gold DJ Precious Metals

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 Northern Dynasty Minerals Ltd. J (NDM. WT.A) - Wt buys sh @ $0.55 to Jul 9/20 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 Osisko Gold Royalties (OR.WT) - Wt buys sh @ $36.5 to Feb 18/22 Platinum Group Metals Ltd. (PTM.WT.U) -

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.

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.

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.

Equinox Gold (EQX.WT) - One warrant to

purchase one common share at $3.00 per share.

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 $3.00 per share.

Goldstar Minerals Inc. (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.

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.

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

NEW 52-WEEK HIGHS AND LOWS MAY 25–29, 2020 Caledonia Mng* Canada Coal* Candelaria Mg* Canstar Res* Central Iron Chatham Rock Chatham Rock* Colonial Coal Condor Res Condor Res* Copper Fox Mtl* Copper North M Copper North M* CR Capital Diamond Fields* District Metal* Dolly Vard Sil Dolly Vard Sil* DRDGOLD* Dundee Prec Mt Eastern Zinc Eclipse Gold Eclipse Gold* Edgemont Gold El Nino Vent Eloro Res* Equinox Gold Equinox Gold* Erdene Res Dev Erdene Res Dev* Everton Res* Fieldex Expl First Mexican First Mexican* First Mg Fin

187 New Highs Abitibi Royal* AEX Gold Aldever Res* Altum Resource American Creek American Creek* Angel Gold* Angus Ventures Antioquia Gold Antioquia Gold* Arcwest Explor* Argo Gold Armor Min Artemis Gold Artemis Gold* Aston Bay Aston Bay* Aura Minerals Aura Minerals* Aurwest Res Azimut Explor Azimut Explor* Aztec Minerals Aztec Minerals* Bankers Cobalt Bankers Cobalt* Banyan Gold* Benz Mining Benz Mining* BrightRock* Buffalo Coal * Bunker Hill Caelan Capital* Caledonia Mng

First Mg Fin * Fortescue Met* Fuse Cobalt Fuse Cobalt* G2 Goldfields G2 Goldfields* Galane Gold * Galway Mtls Galway Mtls* Global Gold* Gold Fields* Gold Finder Ex* Gold Lion Res Golden Secret Golden Valley* Gratomic Gratomic* Great Bear Res Great Bear Res* Inca One Gold* Integra Res* Inter-Rock Mnl Intl Prospect * INV Metals* Kincora Copper* Kodiak Copper* Lincoln Mng Lucky Min Lucky Min* Lumina Gold* Magna Gold Makara Mining Mazarin Melior Res* Metallic Mnrls

Metallic Mnrls* Millrock Res* Minera Alamos Minera Alamos * Minnova Corp Monument Mng Monument Mng* Mountain Boy Mountain Boy* MX Gold* New Egy Min* New Gold New Jersey Mng* New Placer* Noka Res* Norsemont Cap Norsemont Cap* Oceanus Res* Omineca Mining Omineca Mining* Ord Mountain Pacton Gold Pancontinental* Pinecrest Res Platinex Inc* PolyMet Mng PolyMet Mng* Prime Mining Prime Mining* ProAm Expl Promithian Gl * Providence Gld* Pure Gold Mg Pure Gold Mg* Radisson Mng

Richmond Mnls* Ridgestone M’g* Rupert Res Rupert Res* San Gold Corp* San Marco Res* Sandspring Res* Satori Res Scottie Res Silver Viper Skeena Res* Solitario Ex&R Solitario Ex&R* Southern Emp Starcore Intl Starr Peak Exp Starr Peak Exp* Straightup Res Surge Copper * Tanqueray Expl Teuton Res Teuton Res* Treasury Metal Treasury Metal* Tudor Gold Tudor Gold * Turmalina Met Turmalina Met* Unigold Unigold* Usha Res Valterra Res* Vangold Res Vangold Res* Vanstar Mng Rs

Vanstar Mng Rs* Visible Gold M* Volcanic Gold Wallbridge Mng* Western Copper Western Copper* Western Troy C Yorbeau Res* Zadar Ventures Zadar Ventures* ZEN Graphene ZEN Graphene* Zephyr Mnls 18 New Lows Alphamin Res Altus Strat* Archon Mineral* Argo Gold* Dore Copper Giga Metals Grenville Gold* Grizzly Discvr* Joshua Gold* Lovitt Res* MGX Minerals Noble Metal * Pac Wildcat* Phoenix Gold Rover Metals Silver Dollar St-Georges Eco* Wealth Mnrls

CANADIAN GOLD MUTUAL FUNDS

C$ to SA Rand 12.5443 C$ to S. Korea Won 885.5439 US to SA Rand 17.0281 US to S. Korea Won 1203.7700

FundName BMO Prec Mtls Fd A BMO ZGD BMO ZJG CIBC Prec Metal Fd A Dyn Prec Metls Fd A Harvest HGGG Horizons HEP IG MacGbPreMetCl A iShares XGD Mac Prec Met Cl A NBI PrecMetFd Invt NPT Go&PrMinFd A NPT SilverEquCl A RBC GblPreMetFd A Sentry Pre Met Fd A TD Prec Mtl Fd Inv

Jun 12 ($) 26.31 70.03 69.61 14.73 11.32 30.59 32.08 13.53 19.35 64.56 19.64 49.98 7.47 52.70 47.81 50.55

Jun 05 ($) 26.12 69.36 69.13 14.48 11.18

Change ($) 0.19 0.67 0.49 0.25 0.14

Change (%) 0.72 0.96 0.70 1.73 1.28

31.95 13.41 18.96 64.27 19.43 49.40 7.47 52.04 46.69 49.90

0.13 0.13 0.39 0.30 0.21 0.58 0.01 0.66 1.12 0.65

0.42 0.94 2.08 0.46 1.08 1.17 0.08 1.27 2.40 1.30

YTDChange (%) 22.23 19.53 19.83 27.13 30.21 32.61 17.33 25.36 25.94 25.70 26.22 31.53 19.96 24.80 25.58 26.46

MER (%) 2.41 0.61 0.60 2.43 2.73 0.94 0.83 2.68 0.61 2.52 2.46 3.19 2.98 2.13 2.32 2.26

TotalAssets (M$) 59.38 221.71 114.89 64.24 554.05 5.73 40.81 1287.92 78.22 36.84

456.09 252.26 159.21

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

GLOBAL MINING NEWS · SINCE 1915

LEGEND

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L – London Stock Exchange N – New York Stock Exchange O – U.S. over-the-counter Q – NASDAQ or U.S. OTC 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

JUNE 22–JULY 5, 2020 / THE NORTHERN MINER

S T O C K TA B L E S

MINING STOCKS listed on CANADIAN and U.S. EXCHANGES TRADING: JUNE 08–12, 2020 (100s) Stock

Exc Volume

Week High

Low

Last

12-month Change

High Low

A 1911 Gold* 1911 Gold 66 Resources Abacus Mining Abacus Mining* Abcourt Mines Abcourt Mines* Aben Resources* Aben Resources Abitibi Royal* Abitibi Royal AbraPlata Res* AbraPlata Res Academy Metals Adamera Min* Adamera Min Adex Mining Advance Gold Adventus Adventus* AEX Gold Affinity Metal* African Gold African Gold* African Min* African Rainb* Aftermath Silv* Agnico Eagle Agnico Eagle* Aiml Res AJN Resources Alacer Gold Alamos Gold Alamos Gold* Alaska Pac Egy* Alcoa* Aldebaran Res Aldebaran Res* Alderon Iron* Aldever Res Aldever Res* Alexandra Cap* Alexco Res* Alexco Res Algold Res Algold Res* Alianza Min Alianza Min* Alien Metals* Alio Gold Alio Gold* 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 Altair Res Inc* Altair Res Inc Altamira Gold Altamira Gold* Altan Nevada Altan Rio Min Altiplano Met Altius Mnrls * Altius Mnrls Alto Ventures Altum Resource Altura Mining* Alturas Min Altus Strat* Altus Strat Alumina Ltd* ALX Resources* ALX Resources AM Resources Amarc Res Amarc Res* Amarillo Gold Amarillo Gold* Amer Intl Vent* American Creek* American Creek 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 Amilot Capital* Amseco Expl 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 Ventures Antioquia Gold* Antioquia Gold Antler Gold Antofagasta* Apex Res * Apex Res Apollo Gold Appia Energy Appia Energy* Applied Min* Aquila Res* Aquila Res Arbor Metals Arch Coal* 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 Argentina Lith Argentina Lith* Argentum Silvr Argentum Silvr* Argo Gold Argo Gold* Argonaut Gold* Argonaut Gold Arianne Phosph Arianne Phosph* Arizona Silver* Arizona Silver Armor Min Armor Min*

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

427 522 67 138 72 1032 711 420 1204 4 12 832 1676 45 622 1225 3469 407 1175 1226 30 3 932 284 287 3 2243 4743 9235 99 41 8363 6527 20994 4542 49191 140 15 6 45 0 2509 7852 2238 38 0 1560 37 357 620 1395 245 281 69 6751 246 2947 77 114 123 498 14 38 3407 2043 46 651 443 6 2083 654 347 1697 44 303 175 237 200 2005 32 500 37 1 109 54 177 0 149 120 810 398 483 1420 8185 54 2069 3661 673 405 380 50 4615 2975 2922 2820 68 437 2 0 161 45 476 991 7 3 311 690 88 120 67 2829 14 7408 4 0 18197 35 70 1592 612 2 29 810 69 139 115 262 323 270 33 2511 0 41 176 486 46 198 250 590 269 60 19 555 410 36 7 4 9 1035 182 714 6247 73 85 169 321 33 5

0.38 0.53 0.07 0.08 0.07 0.09 0.06 0.06 0.08 16.42 22.20 0.09 0.13 0.12 0.05 0.06 0.01 0.11 1.10 0.82 0.70 0.20 0.31 0.23 0.01 10.75 0.27 85.12 63.04 0.30 0.29 8.79 11.16 8.28 0.00 13.04 0.26 0.17 0.01 0.14 0.11 0.48 2.25 3.02 0.13 0.00 0.09 0.07 0.01 1.30 0.98 0.30 0.23 0.02 4.99 0.77 0.59 0.20 0.27 0.43 0.58 0.10 0.06 0.42 0.55 0.15 0.21 0.05 0.02 0.03 0.11 0.08 0.02 0.07 0.08 7.97 10.64 0.03 0.25 0.05 0.01 0.44 0.57 4.77 0.03 0.04 0.00 0.04 0.02 0.25 0.19 0.01 0.09 0.12 0.05 0.55 0.41 0.12 0.14 0.30 0.02 2.54 3.40 0.35 0.25 1.17 1.60 0.03 0.03 0.06 0.07 0.23 0.30 0.01 0.00 0.08 0.10 0.02 0.03 0.04 0.07 24.28 12.31 2.67 0.00 26.38 0.71 0.03 0.05 0.27 11.60 0.11 0.11 0.55 0.18 0.15 0.01 0.13 0.17 0.65 41.08 0.15 0.22 0.02 0.03 0.19 0.25 0.01 0.02 0.09 0.07 0.02 0.03 0.12 0.06 0.05 0.29 0.22 0.20 0.14 1.47 2.00 0.23 0.18 0.11 0.14 0.55 0.39

0.33 0.46 0.07 0.08 0.06 0.07 0.05 0.05 0.07 16.10 21.59 0.08 0.11 0.11 0.04 0.05 0.01 0.08 0.90 0.00 0.63 0.20 0.28 0.20 0.01 0.00 0.22 76.23 56.95 0.21 0.00 7.75 9.98 7.43 0.00 10.27 0.25 0.17 0.01 0.00 0.00 0.39 1.94 2.64 0.00 0.00 0.08 0.06 0.00 1.16 0.86 0.27 0.20 0.01 3.65 0.63 0.47 0.15 0.22 0.39 0.50 0.03 0.05 0.36 0.47 0.09 0.00 0.05 0.01 0.02 0.09 0.07 0.01 0.00 0.07 6.85 9.63 0.00 0.18 0.03 0.01 0.00 0.00 4.33 0.00 0.04 0.00 0.03 0.02 0.22 0.16 0.00 0.06 0.08 0.01 0.47 0.34 0.09 0.13 0.23 0.01 2.24 3.06 0.28 0.20 1.05 1.40 0.00 0.03 0.06 0.07 0.20 0.27 0.00 0.00 0.05 0.08 0.02 0.03 0.04 0.05 0.00 11.10 2.60 0.00 23.34 0.52 0.02 0.03 0.24 11.16 0.06 0.08 0.00 0.15 0.12 0.01 0.12 0.15 0.00 31.88 0.15 0.18 0.02 0.03 0.15 0.21 0.01 0.02 0.06 0.06 0.01 0.03 0.10 0.06 0.04 0.00 0.22 0.15 0.00 1.32 1.81 0.00 0.16 0.09 0.12 0.52 0.30

0.34 0.47 0.07 unch 0.08 0.06 0.08 0.06 + 0.05 0.07 16.23 + 21.90 + 0.08 0.11 unch 0.11 0.04 + 0.06 unch 0.01 + 0.09 unch 1.05 + 0.74 + 0.70 + 0.20 + 0.29 0.20 0.01 unch 10.75 + 0.23 80.56 + 59.25 + 0.23 0.29 8.10 + 10.58 + 7.77 + 0.00 unch 11.53 0.26 unch 0.17 unch 0.01 unch 0.12 0.08 + 0.43 + 2.02 2.73 0.13 + 0.11 unch 0.08 unch 0.06 0.00 1.26 + 0.91 + 0.28 unch 0.20 0.02 + 4.03 + 0.70 + 0.52 + 0.17 0.23 + 0.41 + 0.54 0.03 0.06 unch 0.39 + 0.53 + 0.13 + 0.18 + 0.05 + 0.01 0.02 + 0.10 + 0.08 + 0.02 0.06 0.07 7.48 10.17 0.03 unch 0.22 + 0.03 0.01 unch 0.44 unch 0.57 + 4.38 0.03 + 0.04 + 0.04 unch 0.04 + 0.02 unch 0.23 0.17 0.01 + 0.09 + 0.12 + 0.02 0.54 + 0.40 + 0.12 + 0.14 + 0.29 + 0.01 2.27 3.10 0.31 unch 0.22 1.12 + 1.50 + 0.03 unch 0.03 unch 0.06 unch 0.07 unch 0.21 + 0.29 + 0.01 unch 0.00 unch 0.06 0.08 0.02 + 0.03 unch 0.04 unch 0.06 22.87 + 11.64 2.60 unch 26.78 unch 24.34 + 0.71 + 0.03 + 0.04 + 0.24 11.60 unch 0.06 0.10 + 0.50 0.17 unch 0.13 + 0.01 0.12 0.15 0.64 33.01 0.15 unch 0.18 0.02 + 0.03 unch 0.17 0.22 0.01 unch 0.02 + 0.09 + 0.07 + 0.02 + 0.03 unch 0.10 0.06 0.04 + 0.26 + 0.22 + 0.17 + 0.12 + 1.39 + 1.89 + 0.22 0.16 0.09 0.13 0.55 + 0.30 -

0.03 0.03 0.00 0.01 0.00 0.01 0.00 0.00 0.01 1.38 0.41 0.00 0.00 0.01 0.00 0.00 0.01 0.00 0.15 0.09 0.04 0.00 0.01 0.01 0.00 5.70 0.02 2.33 1.07 0.07 0.01 0.32 0.55 0.31 0.00 0.54 0.00 0.00 0.00 0.01 0.00 0.04 0.15 0.22 0.02 0.00 0.00 0.00 0.00 0.05 0.01 0.00 0.01 0.01 0.26 0.06 0.04 0.03 0.01 0.01 0.01 0.01 0.00 0.01 0.03 0.04 0.04 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.32 0.27 0.00 0.04 0.01 0.00 0.00 0.02 0.18 0.01 0.01 0.00 0.01 0.00 0.01 0.01 0.00 0.02 0.03 0.00 0.06 0.06 0.02 0.01 0.05 0.01 0.18 0.15 0.00 0.01 0.07 0.12 0.00 0.00 0.00 0.00 0.00 0.02 0.00 0.00 0.01 0.02 0.00 0.00 0.00 0.01 0.37 0.06 0.00 0.00 0.52 0.29 0.01 0.01 0.02 0.00 0.04 0.02 0.01 0.00 0.01 0.00 0.01 0.01 0.01 4.68 0.00 0.03 0.00 0.00 0.05 0.01 0.00 0.01 0.03 0.01 0.00 0.00 0.02 0.01 0.00 0.02 0.03 0.03 0.02 0.02 0.07 0.02 0.01 0.01 0.01 0.02 0.09

0.42 0.60 0.37 0.15 0.11 0.10 0.09 0.20 0.27 16.42 22.50 0.10 0.14 0.75 0.05 0.07 0.02 0.29 1.16 0.90 0.70 0.20 0.59 0.44 0.01 13.60 0.42 97.32 69.66 0.35 1.34 10.03 12.19 8.77 0.00 24.63 0.49 0.33 0.22 0.22 0.11 0.60 2.81 3.73 0.29 0.11 0.10 0.08 0.01 1.34 0.99 0.36 0.27 0.02 18.11 1.10 0.82 0.45 0.45 0.69 0.94 0.16 0.08 0.49 0.64 0.20 0.27 0.09 0.02 0.07 0.12 0.10 0.07 0.09 0.13 10.00 13.21 0.04 0.25 0.10 0.02 0.47 0.68 6.89 0.05 0.06 0.15 0.08 0.06 0.29 0.21 0.02 0.09 0.12 0.10 0.64 0.47 0.24 0.31 0.57 0.03 3.92 5.19 0.81 0.62 1.44 1.90 0.06 0.05 0.07 0.08 0.26 0.33 0.02 0.00 0.16 0.21 0.02 0.04 0.11 0.14 29.51 14.81 4.20 26.81 28.00 0.71 0.03 0.05 0.38 12.73 0.31 0.43 0.60 0.35 0.27 0.04 0.16 0.22 0.65 97.80 0.37 0.52 0.23 0.30 0.69 0.97 0.02 0.04 0.09 0.07 0.05 0.08 0.15 0.10 0.07 0.48 0.37 0.20 0.15 2.15 2.87 0.65 0.49 0.19 0.25 0.55 0.39

0.15 0.22 0.05 0.04 0.03 0.04 0.03 0.03 0.05 7.68 11.10 0.03 0.04 0.11 0.01 0.02 0.01 0.03 0.52 0.36 0.29 0.06 0.10 0.07 0.00 5.00 0.06 43.25 31.00 0.10 0.08 3.50 4.43 3.34 0.00 5.16 0.16 0.17 0.01 0.05 0.01 0.06 0.72 1.00 0.03 0.04 0.03 0.03 0.00 0.43 0.28 0.07 0.04 0.01 2.70 0.31 0.21 0.05 0.12 0.24 0.28 0.01 0.03 0.19 0.06 0.09 0.12 0.03 0.00 0.01 0.04 0.02 0.01 0.03 0.02 4.33 6.29 0.02 0.06 0.01 0.01 0.41 0.30 3.09 0.01 0.02 0.03 0.02 0.02 0.10 0.08 0.00 0.02 0.03 0.00 0.09 0.06 0.07 0.10 0.06 0.01 1.00 1.39 0.12 0.08 0.58 0.75 0.01 0.03 0.02 0.07 0.07 0.10 0.00 0.00 0.03 0.04 0.00 0.01 0.02 0.01 12.56 5.91 1.87 15.44 12.66 0.14 0.01 0.02 0.02 7.30 0.03 0.04 0.03 0.10 0.07 0.00 0.05 0.07 0.03 21.80 0.15 0.10 0.01 0.03 0.00 0.05 0.01 0.01 0.04 0.02 0.01 0.02 0.07 0.04 0.02 0.14 0.11 0.06 0.06 0.53 0.76 0.15 0.11 0.08 0.10 0.31 0.19

(100s) Stock

Exc Volume

Week Low

1.78 3.09 + 1.32 2.26 + 0.03 0.03 unch 0.04 0.04 unch 0.00 0.35 unch 0.07 0.09 + 0.11 0.11 0.78 0.79 0.57 0.58 0.02 0.02 0.02 0.02 unch 0.00 0.33 0.00 0.18 + 0.00 0.17 unch 0.08 0.09 + 0.06 0.07 + 0.14 0.15 0.20 0.20 unch 0.00 0.00 2.14 2.30 0.11 0.13 + 0.15 0.16 0.05 0.08 + 0.17 0.19 0.24 0.26 0.00 0.03 + 0.02 0.02 + 0.03 0.03 + 0.02 0.02 + 50.00 65.00 + 66.93 88.05 + 0.05 0.05 unch 0.02 0.02 unch 0.05 0.07 unch 2.08 2.17 + 2.82 2.86 + 0.51 0.56 0.38 0.41 0.04 0.05 + 0.03 0.03 unch 0.00 0.06 0.00 0.05 unch 1.05 1.05 0.77 0.80 0.00 0.04 unch 0.03 0.05 + 0.13 0.19 1.56 1.63 1.15 1.21 0.01 0.01 unch 0.00 0.09 unch 0.08 0.08 unch 0.13 0.14 + 0.06 0.07 0.06 0.06 0.04 0.04 0.03 0.03 + 0.00 0.00 0.09 0.09 0.56 0.61 0.76 0.83 0.02 0.02 unch 0.00 0.01 0.07 0.08 0.12 0.14 0.00 0.09 0.10 0.12 + 0.00 0.07 0.12 0.12 0.16 0.17 1.95 2.12 + 1.48 1.55 + 0.03 0.04 0.03 0.03 0.35 0.37 + 0.27 0.28 + 0.00 0.00 + 0.00 0.14 0.10 0.10 -

Artemis Gold Artemis Gold* Asante Gold* Asante Gold Asbestos Corp Ascendant Res* Ascendant Res Ascot Res Ascot Res * Ashanti Sanko Ashanti Sanko* AsiaBaseMetals Asian Mineral Asian Mineral* 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 Aton Resources Aton Resources* Aura Minerals* Aura Minerals Aura Resources Aura Resources* Auramex Res Aurania Res* Aurania Res Aurcana Corp Aurcana Corp* AurCrest Gold AurCrest Gold* Aurelius Min Aurex Energy Aurion Res Aurion Res * Aurora Royal Aurwest Res AURYN Mining* Auryn Resource Auryn Resource* Aust Mines* Austin Res Austral Gold* Austral Gold Auxico Res Avalon Advance Avalon Advance* Avarone Metals* Avenira Ltd* Avidian Gold Avino Silver* Avino Silver Avrupa Min Avrupa Min* Awale Res Axmin Inc Axmin Inc* 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 O C V O T T O V O V V O V O O V O T O V O O V O V V O O T V O V O V V O V O V V V O V C O T X O V O V C T O O O V X T V O V V O V O O T V O V O V O O V O

3242 581 2 446 0 22 284 958 208 91 9 46 95 0 4614 358 443 1207 16948 23 248 383 24 178 517 1 983 103 4 4 12 11 2 13465 25 91 1820 2283 170 50 851 37 387 369 11 946 107 678 1768 156 4 45 26 203 1955 977 3 72 467 6579 692 245 40 244 745 84 11 1 348 385 909 158 15085 334 4776 276 7 96 131

3.73 2.83 0.03 0.04 0.00 0.09 0.12 0.86 0.65 0.03 0.02 0.39 0.18 0.00 0.11 0.08 0.16 0.21 0.01 2.75 0.13 0.19 0.10 0.21 0.28 0.03 0.02 0.03 0.02 66.30 92.02 0.05 0.02 0.07 2.26 3.02 0.64 0.49 0.05 0.03 0.06 0.06 1.18 0.88 0.04 0.06 0.24 1.74 1.32 0.02 0.00 0.08 0.14 0.08 0.07 0.05 0.03 0.00 0.11 0.73 1.01 0.02 0.01 0.09 0.18 0.14 0.12 0.08 0.15 0.19 2.45 1.81 0.06 0.04 0.54 0.37 0.00 0.17 0.13

B2Gold Corp B2Gold Corp* Balmoral Res Bam Bam Res Bam Bam Res* Bankers Cobalt Bankers Cobalt* Bannerman Res* Banyan Gold Banyan Gold* Bard Ventures* Bard Ventures Barksdale Res* Barksdale Res Barolo Venture Barolo Venture* Baroyeca Gold Barrick Gold Barrick Gold* Barsele Min* Barsele Min Batero Gold* Batero Gold Bayhorse Silvr* Bayhorse Silvr BC Moly BCM Res BE Res BE 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* Berkwood Res * Berkwood Res Bessor Min Bird River Res Bitterroot Res* Bitterroot Res Black Hills* Black Iron* Black Iron Black Mammoth* Black Mammoth Black Sea Black Sea * 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* Bold Ventures* Bold Ventures Bonanza Gold* Bond Resources BonTerra Res Boreal Metals

T 31943 X 44086 T 607 C 1238 O 247 V 130 O 3 O 787 V 7630 O 677 O 1 V 13 O 22 V 55 V 0 O 0 V 250 T 29759 N 104994 O 9 V 85 O 14 V 111 O 327 V 658 V 2 V 43 V 1 O 2 V 340 O 351 V 60 O 123 V 64 V 141 O 9 V 231 V 303 T 3624 O 3923 O 4 V 223 O 315 V 1416 V 439 O 80 V 1381 O 10 O 269 V 313 V 53 C 740 O 225 V 420 N 2115 O 367 T 2102 O 4 V 4 V 19 O 1 O 1130 C 5471 V 19 O 387 V 448 V 159 O 84700 C 662 O 546 O 62 V 687 V 398 O 135 O 649 V 1314 O 94 V 667 V 211 V 10425 O 40 V 585 O 82 O 40 V 16 O 1456 C 255 V 540 V 450

7.44 5.52 0.81 0.10 0.08 0.15 0.09 0.04 0.14 0.10 0.06 0.08 0.29 0.40 0.00 0.13 0.06 34.96 25.90 0.34 0.46 0.05 0.07 0.09 0.10 0.03 0.06 0.00 0.11 2.65 1.98 0.01 0.10 0.13 0.11 0.08 0.12 0.05 0.74 0.56 0.17 0.24 0.29 0.39 0.12 0.09 0.36 0.25 0.02 0.03 0.05 0.01 0.04 0.06 63.42 0.09 0.12 0.04 0.05 0.09 0.05 0.05 0.07 0.09 0.24 0.32 0.05 0.01 1.06 0.82 0.02 0.02 0.01 0.01 0.11 0.15 0.04 0.07 0.11 0.19 0.13 1.94 1.43 0.03 0.05 0.00 0.36 1.12 0.06

Last

12-month

High

Change

Stock

1.32 0.94 0.00 0.00 0.00 0.01 0.01 0.06 0.05 0.01 0.00 0.17 0.02 0.00 0.01 0.01 0.00 0.00 0.00 0.49 0.03 0.01 0.03 0.02 0.02 0.00 0.01 0.01 0.01 15.49 21.55 0.00 0.00 0.00 0.09 0.15 0.04 0.03 0.01 0.00 0.01 0.00 0.07 0.06 0.00 0.03 0.01 0.01 0.02 0.00 0.00 0.00 0.01 0.02 0.01 0.00 0.01 0.00 0.02 0.09 0.09 0.00 0.00 0.01 0.03 0.05 0.01 0.00 0.01 0.02 0.05 0.01 0.02 0.02 0.02 0.03 0.00 0.02 0.02

3.73 2.83 0.04 0.07 0.50 0.32 0.45 0.98 0.76 0.05 0.03 0.64 0.89 0.32 0.11 0.08 0.24 0.32 0.03 3.97 0.60 0.79 0.15 0.33 0.43 0.04 0.02 0.05 0.04 66.30 92.02 0.09 0.06 0.08 3.40 4.50 0.67 1.25 0.05 0.04 0.09 0.30 2.35 1.77 0.08 0.08 0.57 2.39 1.84 0.03 0.13 0.13 0.15 0.16 0.11 0.08 0.11 0.01 0.21 0.84 1.13 0.05 0.04 0.26 0.53 0.40 0.20 0.10 0.22 0.28 2.45 1.81 0.06 0.05 0.54 0.37 0.00 0.43 0.34

0.95 0.60 0.02 0.02 0.30 0.07 0.09 0.37 0.26 0.01 0.01 0.22 0.10 0.15 0.04 0.03 0.08 0.11 0.00 1.79 0.06 0.08 0.01 0.11 0.16 0.00 0.01 0.02 0.01 11.78 16.21 0.02 0.02 0.02 1.03 1.51 0.15 0.06 0.02 0.01 0.02 0.04 0.42 0.29 0.02 0.01 0.03 1.00 0.71 0.00 0.04 0.02 0.06 0.02 0.03 0.02 0.02 0.00 0.05 0.26 0.27 0.01 0.01 0.04 0.12 0.09 0.05 0.03 0.05 0.07 0.31 0.23 0.02 0.01 0.04 0.03 0.00 0.08 0.05

Boreal Metals * Borneo Res Inv* Boundary Gold* Boundary Gold Bravada Gold* Bravada Gold Braveheart Res* Braveheart Res Bravo Multinat* Brazil Min* BrightRock* Britannia Mng* Brixton Metals Brixton Metals* Brookmount Exp* Bryn Res* BTU Metals* BTU Metals Buenaventura* Buffalo Coal * Buffalo Coal Bullfrog Gold* Bullfrog Gold Bullion Gold* Bunker Hill Bushveld Min* BWR Explor

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

0.08 0.02 0.00 0.01 0.01 0.03 0.00 0.00 0.02 0.01 0.00 0.01 0.02 0.01 0.00 0.00 0.00 1.45 0.78 0.03 0.02 0.00 0.01 0.02 0.01 0.02 0.01 0.00 0.00 0.28 0.17 0.00 0.01 0.01 0.02 0.01 0.00 0.01 0.05 0.02 0.00 0.01 0.02 0.01 0.01 0.01 0.08 0.05 0.01 0.01 0.01 0.01 0.01 0.01 5.18 0.01 0.02 0.01 0.01 0.01 0.00 0.00 0.01 0.00 0.03 0.01 0.01 0.00 0.02 0.01 0.00 0.00 0.00 0.00 0.03 0.04 0.00 0.00 0.01 0.03 0.02 0.03 0.02 0.00 0.01 0.00 0.06 0.01 0.00

8.02 5.75 0.84 0.16 0.10 0.35 0.29 0.04 0.14 0.10 0.10 0.15 0.57 0.75 0.27 0.14 0.10 40.13 28.50 0.55 0.73 0.08 0.10 0.14 0.20 0.07 0.11 0.25 0.17 2.97 2.35 0.03 0.29 0.38 0.20 0.08 0.14 0.09 1.05 0.79 0.25 0.27 0.37 0.48 0.16 0.12 0.36 0.25 0.05 0.06 0.07 0.02 0.04 0.07 87.12 0.12 0.16 0.04 0.06 0.10 0.08 0.15 0.18 0.15 0.27 0.37 0.06 0.30 2.11 1.45 0.03 0.04 0.02 0.02 0.17 0.23 0.06 0.09 0.20 0.25 0.19 2.12 1.59 0.04 0.10 0.01 0.40 3.02 0.07

3.12 2.16 0.10 0.03 0.03 0.05 0.02 0.01 0.03 0.02 0.05 0.05 0.14 0.21 0.18 0.01 0.03 17.52 12.65 0.07 0.11 0.03 0.05 0.03 0.05 0.03 0.02 0.09 0.02 0.75 0.50 0.01 0.06 0.06 0.06 0.02 0.01 0.02 0.21 0.17 0.09 0.12 0.12 0.17 0.04 0.03 0.05 0.05 0.01 0.01 0.03 0.01 0.01 0.02 48.07 0.03 0.05 0.02 0.02 0.02 0.01 0.02 0.03 0.05 0.05 0.07 0.02 0.00 0.26 0.60 0.00 0.01 0.01 0.00 0.03 0.05 0.04 0.03 0.06 0.04 0.03 0.89 0.66 0.00 0.03 0.00 0.11 0.63 0.03

Cabral Gold Cabral Gold* Cache Explor* Cache Explor Cadence Min* Cadillac Vent* Cadillac Vent Caelan Capital* Cairo Res Caldas Gold Caldas Gold* Caledonia Mng Caledonia Mng* Calibre Mng Calibre Mng* California Gld* California Gld Callinex Mines* Callinex Mines Cameco Corp* Cameco Corp Cameo Cobalt* Cameo Cobalt Camino Min* Camino Min Camrova Res* Canada Carbon Canada Carbon* Canada Coal* Canada Coal Canada Nickel Canada One* Canada One Canada Rare Canada Rare* Canada Silver Canada Silver* Canadian Metal Canadian Prem CanAlaska Uran* CanAlaska Uran Canamex Gold* Canarc Res Canarc Res* Canasil Res Candelaria Mg* Candelaria Mg Candente Coppr Candente Gold* Candente Gold CANEX Metals * CANEX Metals CaNickel Mng Canoe Mng Vent Canstar Res Canstar Res* Canterra Mnls* Canterra Mnls Cantex Mn Dev* Cantex Mn Dev Canuc Res Canuc Res* Capstone Mng Cardero Res Cardero Res* Cardinal Res* Cardinal Res Cariboo Rose Carlin Gold Carlyle Comm* Carrara Explor Cartier Iron Cartier Res* Cartier Res Carube Copper Carube Copper* Casa Minerals Cascadero Copp Cassius Vents Castle Peak Mg CAT Strategic Cdn Palladium* Cdn Palladium CellCube Enrgy* Centamin Centaurus Diam* Centerra Gold Central Iron Central Tim Ex Central Tim Ex* Century Cobalt* Century Global Century Global* Cerro de Pasc Cerro de Pasc * Cerro Grande* Cerro Grande Cerro Mng* Cerro Mng 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 Clarmin Explor Clean Air Met Clean Comm* 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 Colorado Res Colorado Res* Columbus Gold Columbus Gold* Comet Inds

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

B 6.68 6.97 + 4.98 5.13 + 0.79 0.80 unch 0.08 0.09 0.06 0.06 0.00 0.14 + 0.09 0.09 + 0.02 0.03 + 0.12 0.13 + 0.08 0.10 + 0.00 0.06 unch 0.00 0.08 + 0.22 0.26 0.34 0.40 + 0.00 0.18 unch 0.13 0.13 unch 0.05 0.05 unch 30.65 32.74 + 22.89 24.07 + 0.31 0.31 0.00 0.43 0.05 0.05 + 0.06 0.07 + 0.06 0.07 0.08 0.08 0.00 0.03 0.05 0.05 0.00 0.11 unch 0.11 0.11 unch 2.26 2.30 1.65 1.70 0.01 0.01 unch 0.08 0.10 + 0.00 0.13 + 0.09 0.11 + 0.07 0.07 0.10 0.10 unch 0.05 0.05 + 0.60 0.64 + 0.43 0.47 + 0.17 0.17 + 0.22 0.22 0.25 0.27 + 0.35 0.37 + 0.11 0.11 0.00 0.09 0.25 0.31 + 0.18 0.22 + 0.01 0.02 + 0.02 0.02 0.05 0.05 0.01 0.01 0.03 0.04 + 0.05 0.06 + 54.73 56.81 0.07 0.07 0.09 0.10 0.02 0.04 + 0.00 0.05 + 0.08 0.08 0.04 0.05 + 0.04 0.05 + 0.06 0.07 + 0.09 0.09 unch 0.20 0.22 0.28 0.31 0.04 0.04 0.01 0.01 + 0.90 0.97 0.66 0.72 + 0.01 0.01 0.02 0.02 unch 0.01 0.01 unch 0.01 0.01 unch 0.08 0.08 0.11 0.11 0.04 0.04 unch 0.06 0.07 unch 0.08 0.09 + 0.14 0.17 + 0.11 0.13 + 1.75 1.77 1.29 1.31 0.03 0.03 unch 0.04 0.04 0.00 0.00 0.30 0.36 + 1.00 1.03 0.05 0.05 unch

(100s)

High Low

Exc Volume

Week High

Low

Last

7 9255 50 5 389 678 100 150 82 48149 1326 464 1278 821 885 751 245 2032 9319 879 1083 761 708 1 44 24 496

0.04 0.00 0.02 0.02 0.11 0.14 0.04 0.07 0.20 0.00 0.04 0.00 0.18 0.14 0.01 0.04 0.18 0.25 9.28 0.01 0.01 0.14 0.18 0.10 1.01 0.21 0.03

0.03 0.00 0.00 0.00 0.08 0.12 0.03 0.06 0.00 0.00 0.02 0.00 0.16 0.12 0.01 0.00 0.17 0.20 8.11 0.01 0.01 0.12 0.16 0.10 0.90 0.15 0.03

0.04 0.00 0.02 0.02 0.09 0.13 0.03 0.07 0.17 0.00 0.04 0.00 0.18 0.13 0.01 0.04 0.18 0.24 8.40 0.01 0.01 0.13 0.18 0.10 0.94 0.16 0.03

171 275 20 4629 112 4 723 40 28 3 1 76 445 2194 324 7 26 96 122 15483 5200 208 771 1 1195 0 391 32 1 2 745 4 169 288 53 1043 591 50 245 135 354 14 1174 217 220 50 135 171 0 206 0 655 17 1398 451 85 1 71 6 129 432 0 2991 120 50 67 876 157 591 19 9005 332 190 1123 5 10 181 1476 33 76 49 173 2311 198 159 87 5276 30638 305 5 11 72 28 571 62 75 5 5 15 196 400 260 49 3 120 89 2877 9 1 87 125 56682 423 15 205 82 3522 646 1491 20 1073 70280 245 150 0 5 697 1074 15 192 37515 6 680 47 8 694 1616 541 1133 917 48

0.14 0.11 0.00 0.02 0.00 0.02 0.04 0.11 0.30 2.00 1.47 23.78 17.91 1.40 1.04 0.16 0.21 0.66 0.90 10.80 14.46 0.02 0.03 0.10 0.14 0.00 0.27 0.20 0.02 0.00 1.14 0.02 0.03 0.07 0.05 0.55 0.42 0.11 0.22 0.13 0.16 0.04 0.08 0.06 0.10 0.17 0.18 0.07 0.00 0.03 0.00 0.26 0.06 0.26 0.06 0.03 0.01 0.02 0.64 0.85 0.08 0.00 0.79 0.03 0.02 0.32 0.43 0.06 0.05 0.19 0.06 0.05 0.16 0.21 0.06 0.04 0.05 0.02 0.08 0.02 0.03 0.06 0.08 0.02 2.90 0.08 14.04 0.25 0.35 0.20 0.01 0.10 0.08 0.37 0.25 0.00 0.01 0.22 0.25 0.15 0.21 0.15 0.80 0.13 0.18 2.15 2.86 0.32 0.18 3.04 4.05 103.59 0.12 0.08 0.13 0.10 0.70 0.13 0.36 0.13 0.10 7.09 0.07 0.16 0.00 0.04 0.06 0.28 0.03 0.05 5.66 0.04 0.06 0.13 0.09 0.50 0.05 0.04 0.15 0.11 3.20

12-month Change

Commander Res* Commander Res Commerce Res Commerce Res* Compass Gold* Compass Gold Comstock Mng* 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* Copper Fox Mtl Copper Fox Mtl* Copper Lake Rs Copper Mtn Mng Copper Mtn Mng* Copper North M* Copper North M Copper One * Copper One Copper Reef Mg Copper Reef Mg* Copperbank Res* Copperbank Res Coral Gold * Coral Gold Cordoba Mnls* Cordoba Mnls Core Lithium* Cornerstone Ca Cornerstone Ca* Corsa Coal * Corsa Coal Corsurex Res Corvus Gold* Corvus Gold CR Capital Crazy Horse Res* Crest Resource Crestview Expl Cresval Cap Critical Elem* Critical Elem CROPS Crown Mining Cruz Cobalt Cruz Cobalt* Crystal Lake* Crystal Lake Crystal Peak Crystal Peak* CTGX Mining* Currie Rose Rs CWN M’g Acq Cypress Dev* Cypress Dev

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

104 195 213 6 2 291 1452 211 41 36 247 67 10 103 181 1922 2 61 187 305 3200 24884 16 66 559 335 60 792 17 938 2084 427 1 593 41 1089 242 3 455 364 266 149 419 1664 5 14 2 39 204 70 159 1177 148 1 1855 482 300 96 934 470 77 72 85 373 2268 71 17 0 125 9 129 388

0.07 0.09 0.20 0.15 0.21 0.28 0.70 0.11 0.64 0.72 0.10 0.08 0.46 0.64 0.11 0.14 0.03 0.03 0.05 5.10 9.95 12.13 0.14 0.17 0.12 0.15 0.05 0.11 0.08 0.02 0.67 0.50 0.04 0.05 0.15 0.20 0.35 0.25 0.03 0.04 0.52 0.70 0.06 0.08 0.09 3.75 2.71 0.17 0.22 0.05 2.40 3.25 0.12 0.10 0.10 0.64 0.03 0.28 0.39 0.02 0.04 0.04 0.03 0.12 0.16 0.05 0.03 0.00 0.03 0.05 0.17 0.22

Dajin Lithium* Dajin Res Dakota Ter Res* Damara Gold Damara Gold* Danakali* Debut Dmds Decade 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 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* Eagle Graphite Eagle Graphite* Eagle Plains East Africa East Africa * East Asia Mnls* East Asia Mnls EastCoal Inc Eastern Platin* Eastern Platin Eastern Zinc Eastfield Res Eastfield Res* Eastmain Res Eastmain Res* Eclipse Gold* Eclipse Gold Eco Oro Mnls Eco Oro Mnls* Edgemont Gold Edgewater Expl* Edgewater Expl Edison Cobalt* Edison Cobalt El Capitan Prc* 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 *

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

491 711 188 0 0 165 18 643 644 403 216 259 1198 913 29 4084 8203 14 544 902 300 72 2 644 42 22 1005 192 707 2211 2359 45389 125 50 391 155 347 1 1449 143 3 3 846 1656 22 471 18 2365 4349 20 389 10 170 51 1 10 63 13 86 90 207 82 1747 639 3 312 709 0 637 279 40 125 15 1477 427 119 2625 73 118 14 60 40 208 63 241 661 185 374 18466 5887 126 420 1729 2633 26 0

0.02 0.03 0.55 0.00 0.00 0.35 0.12 0.05 0.10 0.02 0.16 0.21 0.22 0.17 0.26 0.56 0.42 0.15 0.21 0.38 0.01 0.12 0.09 0.00 0.14 0.17 0.12 0.07 0.09 0.64 0.85 0.00 0.08 0.01 0.01 0.18 0.24 0.00 0.00 0.18 0.02 0.05 0.42 0.55 0.69 0.11 0.09 10.79 7.95 0.05 0.08 0.08 1.76 1.32 2.00 0.58 0.07 0.05 0.29 0.21 0.04 0.03 0.15 0.12 0.07 0.08 0.09 0.00 0.29 0.39 0.30 0.05 0.04 0.12 0.09 0.80 0.96 0.07 0.04 0.14 0.07 0.10 0.03 0.05 0.01 0.06 0.04 0.03 8.89 12.00 0.43 0.59 1.79 1.34 0.33 0.23

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

0.01 0.00 0.00 0.00 0.01 0.03 0.00 0.02 0.03 0.00 0.01 0.00 0.01 0.00 0.00 0.00 0.02 0.02 0.27 0.00 0.01 0.01 0.01 0.00 0.06 0.05 0.01

0.05 0.00 0.13 0.15 0.15 0.20 0.14 0.21 0.58 0.01 0.04 0.01 0.43 0.33 0.01 0.08 1.00 0.49 17.85 0.01 0.01 0.18 0.23 0.10 1.01 0.40 0.06

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

0.13 0.10 0.00 unch 0.01 + 0.04 unch 0.02 unch 0.03 unch 0.11 + 0.25 2.00 + 1.47 unch 22.35 + 16.49 + 1.29 0.96 0.14 0.20 + 0.58 + 0.79 10.20 13.82 unch 0.01 0.02 unch 0.10 unch 0.12 0.01 unch 0.27 + 0.20 + 0.02 unch 0.03 unch 1.05 + 0.02 0.03 + 0.07 + 0.05 0.52 + 0.39 + 0.11 unch 0.22 unch 0.11 0.15 0.02 + 0.08 + 0.06 + 0.08 0.09 0.10 0.07 unch 0.02 unch 0.03 0.17 unch 0.24 + 0.06 unch 0.26 + 0.06 + 0.03 + 0.01 0.02 unch 0.59 + 0.78 + 0.08 + 0.04 unch 0.76 + 0.03 unch 0.02 + 0.32 + 0.41 + 0.06 unch 0.03 0.13 0.06 + 0.05 unch 0.16 0.20 0.06 + 0.04 unch 0.05 unch 0.02 + 0.08 unch 0.02 unch 0.03 + 0.05 0.07 0.02 + 2.81 + 0.05 13.06 + 0.16 + 0.21 0.20 unch 0.01 + 0.10 + 0.08 + 0.33 0.22 0.00 unch 0.01 + 0.22 unch 0.25 unch 0.12 0.19 0.14 0.64 0.13 + 0.16 1.83 2.54 0.30 + 0.14 2.70 3.71 92.39 0.12 unch 0.08 unch 0.09 0.08 + 0.64 + 0.13 + 0.32 0.13 0.09 6.32 0.07 unch 0.15 + 0.02 unch 0.04 unch 0.06 unch 0.28 + 0.03 0.04 + 4.92 0.04 + 0.06 + 0.12 unch 0.09 unch 0.50 + 0.05 0.04 0.13 unch 0.10 3.15 unch

0.01 0.00 0.00 0.01 0.00 0.00 0.00 0.02 0.05 0.04 0.00 0.38 0.01 0.03 0.04 0.02 0.02 0.00 0.01 0.06 0.00 0.00 0.00 0.00 0.03 0.00 0.05 0.04 0.00 0.00 0.17 0.00 0.01 0.01 0.01 0.05 0.03 0.00 0.00 0.01 0.02 0.01 0.01 0.01 0.01 0.02 0.01 0.00 0.00 0.01 0.00 0.01 0.00 0.04 0.02 0.00 0.00 0.00 0.03 0.03 0.03 0.00 0.03 0.00 0.00 0.03 0.03 0.00 0.01 0.02 0.03 0.00 0.00 0.02 0.01 0.00 0.00 0.01 0.00 0.00 0.01 0.01 0.01 0.00 0.22 0.02 0.79 0.14 0.05 0.00 0.00 0.02 0.02 0.01 0.03 0.00 0.01 0.00 0.00 0.03 0.01 0.01 0.08 0.01 0.02 0.13 0.22 0.10 0.01 0.27 0.29 8.42 0.00 0.00 0.02 0.00 0.14 0.01 0.04 0.01 0.01 0.16 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.01 0.34 0.00 0.01 0.00 0.00 0.03 0.01 0.00 0.00 0.00 0.00

0.19 0.14 0.04 0.06 0.04 0.03 0.04 0.50 0.35 2.30 1.61 23.78 17.91 1.45 1.52 0.55 0.72 0.99 1.35 11.26 15.77 0.06 0.07 0.14 0.19 0.08 0.39 0.28 0.02 0.06 1.41 0.03 0.05 0.09 0.07 0.73 0.57 0.65 1.35 0.23 0.29 0.07 0.10 0.07 0.10 0.17 0.31 0.08 0.03 0.04 0.22 0.28 0.11 0.27 0.06 0.03 0.02 0.03 5.23 6.99 0.09 0.05 0.92 0.05 0.03 0.38 0.50 0.06 0.06 0.24 0.06 0.09 0.17 0.23 0.08 0.06 0.18 0.03 0.09 0.02 0.04 0.28 0.23 0.08 3.29 0.29 14.24 0.25 0.42 0.24 0.11 0.25 0.17 0.54 0.41 0.01 0.01 0.22 0.32 0.20 0.43 0.33 0.86 0.16 0.27 2.36 3.15 0.32 0.18 3.50 4.65 127.00 0.25 0.19 0.17 0.11 1.76 0.18 0.47 0.17 0.10 11.61 0.13 0.23 0.03 0.06 0.08 0.56 0.07 0.09 8.29 0.06 0.08 0.31 0.23 0.50 0.13 0.10 0.20 0.15 3.60

0.07 0.05 0.00 0.01 0.04 0.00 0.01 0.06 0.20 1.30 0.11 7.33 5.22 0.46 0.00 0.08 0.11 0.03 0.32 5.30 7.69 0.00 0.01 0.03 0.05 0.00 0.05 0.03 0.02 0.01 0.38 0.01 0.02 0.03 0.02 0.25 0.18 0.01 0.10 0.06 0.09 0.00 0.03 0.02 0.05 0.03 0.05 0.02 0.01 0.01 0.04 0.05 0.04 0.10 0.02 0.00 0.00 0.01 0.33 0.46 0.03 0.02 0.33 0.02 0.01 0.15 0.20 0.04 0.01 0.00 0.01 0.03 0.05 0.07 0.01 0.03 0.02 0.01 0.04 0.01 0.01 0.02 0.06 0.01 1.52 0.04 5.52 0.01 0.05 0.03 0.00 0.05 0.05 0.26 0.18 0.00 0.01 0.05 0.07 0.06 0.08 0.05 0.08 0.07 0.09 0.77 0.96 0.07 0.07 1.01 1.40 51.60 0.05 0.07 0.03 0.02 0.45 0.05 0.31 0.01 0.03 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 0.03 0.02 0.09 0.06 2.75

Exc Volume

Week

Stock

C 0.13 0.09 0.00 0.01 0.00 0.02 0.02 0.10 0.25 0.00 1.47 20.04 16.30 1.27 0.94 0.00 0.18 0.49 0.67 9.80 13.36 0.01 0.02 0.10 0.08 0.00 0.23 0.17 0.02 0.00 0.78 0.02 0.03 0.06 0.05 0.48 0.35 0.00 0.22 0.00 0.15 0.02 0.07 0.05 0.08 0.00 0.10 0.07 0.00 0.00 0.00 0.21 0.00 0.21 0.04 0.03 0.00 0.00 0.56 0.78 0.06 0.00 0.68 0.03 0.02 0.29 0.39 0.05 0.03 0.00 0.03 0.00 0.14 0.19 0.00 0.04 0.05 0.02 0.07 0.01 0.02 0.05 0.07 0.01 2.50 0.05 12.14 0.02 0.20 0.20 0.01 0.06 0.06 0.30 0.22 0.00 0.00 0.22 0.25 0.12 0.19 0.14 0.63 0.12 0.16 1.83 2.45 0.20 0.00 2.50 3.65 89.12 0.11 0.08 0.09 0.08 0.50 0.12 0.31 0.13 0.06 5.55 0.07 0.14 0.00 0.04 0.05 0.25 0.03 0.04 4.76 0.00 0.05 0.00 0.09 0.44 0.04 0.03 0.13 0.09 3.15

(100s)

High Low

High

Low

Last

12-month Change

0.06 0.07 unch 0.08 0.09 unch 0.18 0.20 unch 0.00 0.14 + 0.00 0.21 0.26 0.26 + 0.59 0.66 0.09 0.09 0.46 0.46 unch + 0.62 0.68 0.09 0.09 + 0.07 0.08 + 0.43 0.46 + 0.00 0.64 + 0.09 0.10 + 0.13 0.14 0.03 0.03 unch + 0.03 0.03 0.04 0.04 unch 4.20 4.36 6.70 7.07 9.91 10.48 0.12 0.13 0.16 0.16 + 0.10 0.11 + 0.13 0.15 0.04 0.04 unch 0.09 0.10 0.07 0.08 + 0.01 0.02 + 0.54 0.56 + 0.40 0.41 + 0.00 0.04 + 0.04 0.04 + 0.10 0.15 + 0.15 0.20 + 0.28 0.35 + 0.18 0.25 + 0.03 0.03 0.04 0.04 0.46 0.47 0.62 0.62 0.04 0.05 0.07 0.07 0.09 0.09 unch + 3.45 3.65 2.70 2.70 0.13 0.16 + 0.17 0.22 0.00 0.05 2.10 2.17 2.84 2.93 + 0.09 0.12 0.10 0.10 unch 0.08 0.08 unch + 0.57 0.61 + 0.00 0.03 + 0.20 0.26 + 0.27 0.37 0.02 0.02 unch 0.04 0.04 unch 0.00 0.04 unch + 0.00 0.03 0.09 0.09 0.12 0.12 unch + 0.05 0.05 + 0.00 0.03 0.00 0.00 unch 0.03 0.03 unch 0.05 0.05 unch 0.14 0.14 0.18 0.19

High Low

0.00 0.00 0.00 0.01 0.00 0.02 0.07 0.01 0.00 0.08 0.01 0.00 0.03 0.05 0.01 0.01 0.00 0.01 0.00 0.23 1.07 0.36 0.01 0.01 0.01 0.01 0.00 0.01 0.00 0.01 0.02 0.00 0.03 0.01 0.01 0.01 0.05 0.07 0.00 0.01 0.03 0.07 0.01 0.01 0.00 0.02 0.01 0.00 0.03 0.01 0.07 0.04 0.02 0.00 0.00 0.02 0.01 0.06 0.09 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.00 0.00 0.00 0.01 0.02

0.08 0.11 0.85 0.63 0.50 0.65 1.04 0.20 0.65 1.10 0.10 0.08 0.47 0.75 0.35 0.48 0.03 0.04 0.05 16.72 27.38 14.19 0.57 0.72 1.00 0.30 0.24 0.11 0.08 0.02 0.95 0.73 0.03 0.05 0.69 1.00 0.52 0.35 0.05 0.06 0.55 0.73 0.10 0.14 0.21 5.80 3.61 0.59 0.75 0.15 2.52 3.55 0.12 0.38 0.15 2.60 0.08 0.48 0.63 0.04 0.08 0.06 0.04 0.32 0.42 0.16 0.12 0.07 0.07 0.21 0.19 0.25

0.04 0.05 0.11 0.07 0.10 0.14 0.15 0.08 0.22 0.30 0.04 0.02 0.11 0.21 0.09 0.12 0.00 0.01 0.02 3.95 3.35 4.26 0.09 0.12 0.00 0.08 0.04 0.01 0.03 0.01 0.28 0.19 0.01 0.01 0.01 0.05 0.13 0.08 0.02 0.03 0.18 0.26 0.03 0.04 0.02 1.36 0.10 0.08 0.12 0.02 0.72 0.99 0.02 0.00 0.04 0.40 0.02 0.16 0.17 0.01 0.02 0.03 0.01 0.04 0.05 0.01 0.01 0.00 0.02 0.03 0.08 0.11

0.00 0.00 0.02 0.00 0.00 0.04 0.00 0.00 0.02 0.01 0.01 0.02 0.01 0.01 0.04 0.05 0.05 0.01 0.04 0.02 0.00 0.01 0.02 0.00 0.02 0.07 0.01 0.00 0.01 0.00 0.03 0.00 0.00 0.00 0.00 0.00 0.02 0.00 0.00 0.02 0.00 0.03 0.04 0.05 0.02 0.01 0.02 0.86 0.17 0.00 0.01 0.00 0.05 0.09 0.50 0.04 0.00 0.00 0.02 0.01 0.02 0.02 0.02 0.00 0.01 0.00 0.01 0.00 0.01 0.05 0.02 0.01 0.01 0.00 0.00 0.01 0.03 0.01 0.00 0.00 0.00 0.01 0.00 0.01 0.00 0.01 0.01 0.01 0.03 0.10 0.03 0.06 0.07 0.10 0.02 0.00

0.05 0.06 0.96 0.06 0.02 0.53 0.25 0.05 0.15 0.08 0.23 0.25 0.37 0.32 0.62 0.72 0.55 0.31 0.26 0.45 0.05 0.20 0.15 0.00 0.25 0.17 0.17 0.14 0.18 0.66 0.90 0.00 0.15 0.02 0.03 0.18 0.30 0.01 0.01 0.24 0.09 0.39 0.42 0.55 1.65 0.14 0.09 10.79 7.95 0.06 0.08 0.15 2.00 1.60 4.00 1.00 0.10 0.08 0.60 0.41 0.08 0.06 0.18 0.26 0.19 0.09 0.13 0.09 0.44 0.72 0.30 0.06 0.05 0.22 0.16 0.80 0.96 0.16 0.10 0.14 0.08 0.15 0.05 0.06 0.04 0.06 0.09 0.07 11.29 14.99 0.43 0.60 1.99 1.48 0.41 0.30

0.01 0.02 0.03 0.02 0.00 0.16 0.07 0.01 0.03 0.01 0.03 0.06 0.06 0.03 0.20 0.24 0.19 0.05 0.05 0.14 0.01 0.08 0.05 0.00 0.09 0.04 0.03 0.02 0.03 0.13 0.21 0.00 0.05 0.00 0.01 0.08 0.08 0.00 0.00 0.07 0.00 0.03 0.12 0.17 0.45 0.04 0.04 2.46 3.20 0.03 0.04 0.04 0.99 0.70 1.50 0.24 0.04 0.03 0.19 0.11 0.02 0.01 0.07 0.08 0.07 0.02 0.02 0.06 0.12 0.18 0.02 0.03 0.02 0.06 0.04 0.31 0.40 0.03 0.02 0.10 0.02 0.04 0.01 0.02 0.01 0.02 0.02 0.01 4.19 5.61 0.14 0.17 0.18 0.13 0.28 0.19

D-F 0.01 0.01 0.02 0.03 unch 0.42 0.45 0.00 0.04 unch 0.00 0.01 unch + 0.29 0.34 0.00 0.11 unch 0.04 0.05 unch + 0.07 0.09 0.00 0.02 0.13 0.14 0.18 0.18 0.18 0.19 0.13 0.14 0.00 0.24 0.44 0.48 0.32 0.34 0.00 0.13 0.17 0.18 0.34 0.34 0.01 0.01 unch 0.11 0.11 + 0.08 0.09 0.00 0.00 unch 0.00 0.13 + 0.09 0.15 0.09 0.10 0.05 0.06 + 0.08 0.09 + 0.53 0.58 + 0.72 0.80 + 0.00 0.00 0.08 0.08 unch 0.01 0.01 unch 0.01 0.01 unch 0.17 0.18 unch + 0.19 0.21 0.00 0.00 0.00 0.00 unch 0.14 0.15 0.00 0.02 unch 0.00 0.04 0.31 0.33 0.42 0.45 0.00 0.65 + 0.10 0.11 + 0.08 0.09 + 9.08 10.11 + 6.90 7.23 0.00 0.05 unch 0.00 0.07 0.08 0.08 unch 1.68 1.68 1.21 1.24 1.50 1.50 + 0.54 0.58 0.07 0.07 unch 0.05 0.05 unch 0.27 0.27 0.19 0.21 + 0.03 0.04 + 0.02 0.03 0.11 0.12 0.10 0.10 unch 0.07 0.07 + 0.05 0.06 + 0.07 0.09 0.00 0.09 unch 0.17 0.24 + 0.29 0.34 + 0.17 0.17 + 0.04 0.05 + 0.04 0.04 0.11 0.11 unch + 0.07 0.08 + 0.57 0.67 + 0.81 0.93 + 0.00 0.07 0.04 0.04 unch 0.13 0.13 unch 0.07 0.07 unch + 0.08 0.10 0.02 0.02 unch + 0.03 0.04 0.01 0.01 0.04 0.05 + 0.03 0.04 + 0.02 0.03 8.10 8.33 + 11.02 11.32 0.39 0.39 0.51 0.51 1.53 1.59 1.11 1.17 + 0.32 0.33 0.00 0.23

GLOBAL MINING NEWS

(100s) Stock

Exc Volume

Emerita Res Emgold Mining Emgold Mining* Empress Res EMX Royalty EMX Royalty* Encanto Potash* Encanto Potash EnCore Energy Endeavour Mng Endeavour Mng* Endeavr Silver* Endeavr Silver Endurance Gold* Endurance Gold Energy Fuels* 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 Euro Manganese Euro Sun Mg* Euro Sun Mg EurOmax Res* EurOmax Res European Elect* European Elect European Metal* Eurotin Evergold Evergold* Everton Res* Evolving Gold* Evolving Gold Evrim Res Excellon Res Excellon Res* Excelsior Mng* Excelsior Mng ExGen Res Inc Explorex Res* Explorex Res Fabled Copper Falco Res Falco Res * Falcon Gold Fancamp Expl Far Res Far Res* FenixOro Gold FenixOro Gold* Fidelity Min* Fidelity Min Fieldex Expl Filo Mg Corp Filo Mg Corp * Finlay Minrls Fiore Gold* Fiore Gold Fiorentina Min Fire River Gol* FireFox Gold Firestone Vent Fireweed Zinc Fireweed Zinc* Firma Holdings* First Cobalt * First Cobalt First Energy* First Energy First Majestic First Majestic* First Mexican First Mexican* 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* Focus Graphite* Focus Graphite Focus Minerals* Foran Mng Forsys Metals Fort St J Nick Fortescue Met* Fortuna Silvr Fortuna Silvr* Fortune Bay Fortune Bay* Fortune Mnrls* Fortune Mnrls Forum Energy Forum Energy* Fosterville Four Nines Fox River Res Fox River Res* FPX Nickel Franco-Nevada* Franco-Nevada Franklin Mng* Freegold Vent Freeman Gold Freeport McMoR* Freeport Res Fremont Gold Fresnillo plc* Frontier Lith Frontline Gold Fura Gems Fura Gems* Fuse Cobalt* Fuse Cobalt

V 590 V 852 O 18 V 177 V 122 X 1457 O 3 V 103 V 504 T 2239 O 89 N 18957 T 2813 O 43 V 129 X 7391 T 1664 V 292 V 444 O 1 O 104 O 46 T 212 X 8563 T 5650 O 18 V 2446 O 237 V 489 T 802 O 258 O 3 V 181 T 1009 O 13 O 27 V 203 V 203 O 193 V 371 V 5 O 172 V 208 C 230 V 617 O 778 T 3641 O 5 T 320 O 329 V 687 O 3 V 131 V 373 O 34 O 15 O 4 C 57 V 468 T 836 O 315 O 583 T 487 V 38 O 1 C 2 V 15 V 777 O 90 V 762 V 378 C 4842 O 578 C 1959 O 62 O 72 V 896 V 389 V 37 O 17 V 250 O 809 V 1782 C 55 O 17 V 208 V 204 V 397 O 23 O 207 O 1410 V 2143 O 92 C 878 T 5702 N 27527 V 822 O 89 O 6705 T 7491 O 88 T 17366 V 633 O 322 V 1305 O 355 O 697 T 2285 O 5 V 1304 V 261 O 335 O 435 V 228 O 10 V 148 T 256 V 9 O 11 T 5603 N 17305 V 116 O 2 O 270 T 1400 V 409 O 72 V 998 C 2 C 187 O 20 V 162 N 5003 T 3198 O 1521 T 16450 C 286 N 125928 V 0 V 980 O 46 V 339 V 714 V 69 O 35 O 148 V 172

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 Gatling Explor* General Moly* General Moly

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

THE NORTHERN MINER / JUNE 22–JULY 5, 2020

Week High

Low

0.07 0.07 0.06 0.03 2.75 2.05 0.03 0.04 0.26 32.82 24.35 2.16 2.91 0.05 0.07 1.73 2.34 0.08 0.05 0.03 0.05 0.30 0.39 10.78 14.57 0.01 0.03 0.06 0.08 0.35 0.26 0.04 0.05 19.25 14.26 0.06 0.09 0.09 0.16 0.20 0.40 0.10 0.12 0.36 0.09 0.28 0.34 0.04 0.05 0.02 0.02 0.00 0.01 0.70 0.53 0.07 0.01 0.02 0.39 0.84 0.63 0.60 0.79 0.01 3.02 4.10 0.05 0.32 0.24 0.07 0.06 0.07 0.05 0.33 0.24 0.02 0.05 0.18 1.95 1.49 0.04 0.77 1.03 0.15 0.90 0.12 0.04 0.62 0.44 0.02 0.12 0.15 0.17 0.23 13.92 10.37 0.37 0.28 0.28 0.38 0.14 10.27 0.18 0.13 0.05 0.04 0.25 0.32 0.02 0.02 0.07 0.04 0.02 0.03 0.16 0.14 0.19 0.11 10.51 6.53 4.85 0.85 0.63 0.06 0.08 0.10 0.08 2.62 0.00 0.07 0.05 0.19 137.89 186.00 0.01 0.56 0.65 11.50 0.00 0.12 10.15 0.24 0.02 0.19 0.15 0.10 0.13

0.07 0.06 0.00 0.03 2.43 1.78 0.03 0.03 0.22 29.94 22.52 1.87 2.56 0.04 0.06 1.52 2.08 0.07 0.04 0.03 0.04 0.25 0.34 9.63 12.87 0.01 0.01 0.05 0.06 0.27 0.20 0.04 0.00 16.53 12.23 0.05 0.00 0.00 0.14 0.17 0.00 0.08 0.11 0.32 0.00 0.21 0.28 0.04 0.03 0.01 0.02 0.00 0.01 0.63 0.48 0.07 0.01 0.02 0.33 0.72 0.53 0.50 0.67 0.01 0.00 4.02 0.05 0.28 0.20 0.06 0.06 0.05 0.00 0.29 0.21 0.02 0.04 0.14 1.80 1.44 0.04 0.69 0.93 0.15 0.01 0.10 0.04 0.49 0.39 0.01 0.09 0.13 0.12 0.13 12.47 9.15 0.25 0.17 0.24 0.33 0.13 8.39 0.16 0.12 0.05 0.03 0.22 0.29 0.02 0.01 0.05 0.04 0.01 0.02 0.16 0.12 0.13 0.00 0.00 5.87 4.30 0.77 0.00 0.05 0.06 0.09 0.06 2.31 0.00 0.00 0.05 0.16 127.31 170.52 0.00 0.47 0.57 9.79 0.00 0.10 9.31 0.21 0.02 0.17 0.12 0.08 0.12

Last

Stock

0.07 unch 0.07 + 0.06 + 0.03 unch 2.44 1.80 0.03 0.03 0.23 30.86 + 22.75 1.96 2.64 0.05 + 0.07 unch 1.56 2.15 0.07 0.04 + 0.03 0.04 0.26 0.36 9.96 + 13.54 + 0.01 0.01 unch 0.06 + 0.08 + 0.28 0.20 0.04 0.05 17.04 12.70 0.05 0.08 0.08 0.14 + 0.18 + 0.40 + 0.08 0.11 + 0.34 + 0.09 0.21 0.28 0.04 unch 0.04 + 0.01 0.02 unch 0.00 unch 0.01 unch 0.67 0.50 0.07 unch 0.01 unch 0.02 unch 0.35 0.72 0.54 0.50 + 0.69 + 0.01 3.02 4.10 + 0.05 unch 0.29 + 0.21 0.07 unch 0.06 0.07 + 0.05 + 0.31 + 0.21 0.02 + 0.05 + 0.17 + 1.82 1.44 + 0.04 unch 0.70 0.94 0.15 unch 0.02 + 0.11 + 0.04 unch 0.52 + 0.42 + 0.01 + 0.11 0.14 0.17 + 0.23 unch 12.59 9.26 0.25 unch 0.20 + 0.24 0.33 + 0.13 8.79 0.16 0.12 0.05 0.04 0.22 0.30 0.02 0.02 unch 0.05 0.04 unch 0.02 0.03 unch 0.16 unch 0.13 + 0.14 0.11 unch 9.92 5.98 4.41 0.79 0.61 + 0.05 + 0.07 + 0.09 + 0.07 unch 2.50 + 0.10 unch 0.06 0.05 + 0.16 129.22 + 175.68 + 0.01 + 0.54 + 0.62 10.49 0.40 unch 0.11 unch 9.85 + 0.21 0.02 unch 0.17 unch 0.13 0.10 + 0.12 unch

0.00 0.01 0.01 0.00 0.16 0.14 0.00 0.01 0.02 0.26 0.04 0.07 0.07 0.01 0.00 0.09 0.07 0.01 0.01 0.00 0.01 0.03 0.02 0.27 0.52 0.00 0.00 0.00 0.01 0.02 0.02 0.00 0.01 1.46 1.17 0.01 0.01 0.01 0.02 0.01 0.02 0.00 0.01 0.07 0.01 0.03 0.05 0.00 0.01 0.00 0.00 0.00 0.00 0.03 0.03 0.00 0.00 0.00 0.01 0.09 0.06 0.00 0.03 0.01 0.08 0.10 0.00 0.02 0.00 0.00 0.01 0.02 0.02 0.01 0.03 0.00 0.01 0.03 0.08 0.04 0.00 0.03 0.05 0.00 0.00 0.01 0.00 0.03 0.09 0.01 0.00 0.01 0.01 0.00 0.48 0.46 0.00 0.03 0.00 0.01 0.01 0.73 0.01 0.00 0.01 0.00 0.01 0.01 0.00 0.00 0.02 0.00 0.00 0.00 0.00 0.01 0.04 0.00 0.21 0.08 0.10 0.03 0.00 0.00 0.01 0.01 0.00 0.07 0.00 0.02 0.01 0.03 0.34 2.74 0.00 0.06 0.03 0.37 0.00 0.00 0.59 0.03 0.00 0.00 0.01 0.01 0.00

0.13 0.16 0.11 0.06 2.77 2.12 0.11 0.15 0.27 33.56 24.45 3.20 4.26 0.05 0.08 3.32 4.38 0.14 0.10 0.08 0.06 0.35 0.46 10.78 14.57 0.03 0.06 0.08 0.11 0.35 0.26 0.05 0.10 25.69 19.20 0.11 0.17 0.17 0.27 0.38 0.40 0.24 0.32 0.49 0.23 0.48 0.59 0.06 0.09 0.05 0.06 1.00 0.04 0.88 0.65 0.07 0.05 0.07 0.40 1.51 1.15 0.94 1.23 0.02 4.27 7.14 0.08 0.36 0.28 0.09 0.11 0.08 0.05 0.36 0.40 0.19 0.25 0.18 3.25 2.31 0.07 0.83 1.13 0.20 0.90 0.23 0.07 0.70 0.54 0.02 0.13 0.18 0.21 0.30 16.50 12.69 0.37 0.28 0.28 0.38 0.16 14.10 0.48 0.35 0.12 0.09 0.39 0.50 0.04 0.06 0.08 0.05 0.03 0.03 0.19 0.30 0.23 0.18 10.51 6.59 4.88 0.90 0.67 0.08 0.11 0.11 0.08 2.70 0.16 0.12 0.07 0.23 152.70 214.82 0.10 0.61 0.68 13.64 0.73 0.14 11.43 0.35 0.03 0.23 0.18 0.10 0.13

0.17 0.20 0.06 0.09 0.01 0.01 0.01 0.00 0.01 0.02 0.03 0.01 0.01 0.01 0.01 0.00 0.00 0.00 0.03 0.03 0.00 0.01 0.07 0.10 0.03 0.00 0.03 0.05

0.59 0.85 0.54 0.71 0.34 0.60 0.12 0.15 0.11 0.69 9.50 1.84 1.33 0.10 0.08 0.05 0.11 0.16 0.45 0.61 0.07 0.10 1.70 2.25 0.71 0.54 0.40 0.54

Generation Min* Generation Min Generic Gold Genesis Mtls* Genesis Mtls Genius Metals Gensource Pot Geomega Res Geomega Res* Gespeg Res Getchell Gold * Getchell Gold Getty Copper GFG Resources GFG Resources* GGL Res* GGL Res GGX Gold GGX Gold* Giga Metals Giga Metals* Gitennes Expl Gitennes Expl * Giyani Gold* Giyani Gold 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 Global Vanad* GlobalMin Vent* Globex Mng* Globex Mng GMV Minerals GMV Minerals* GNCC Capital* Go Cobalt* Go Cobalt GobiMin GoGold Res Gold Fields* Gold Fields* Gold Finder Ex* Gold Finder Ex Gold Lion Res Gold Lion Res* Gold Plus Gold Reserve* Gold Reserve Gold Resource* Gold Rush Cari Gold Std Vents Gold Std Vents* Gold X Mining Goldbank Mng* Goldbank Mng Goldblock Cap Goldcliff Res* Goldcliff Res Golden Arrow Golden Arrow* Golden Band* Golden Birch Golden Cariboo 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 Ridge Golden Secret Golden Share Golden Star Golden Star* Golden Star* Golden Sun* Golden Tag Golden Valley* Golden Valley Goldex Res* Goldex Res Goldgroup Mng* Goldgroup Mng GoldMining GoldMining* GoldON Res GoldON Res* GoldQuest Mng Goldrea Res Goldrea Res* Goldrich Mng* Goldseek Res Goldsource Min Goldsource Min* Goldstar Mnls Goldstrike Res* Goldstrike Res Goliath Res Goliath Res* Gossan Res GoviEx Uranium* GoviEx Uranium Gowest Gold* Gowest Gold GPM Metals GR Silver GR Silver* Gran Colombia* Gran Colombia Granada Gold Granada Gold* Grande Portage Grande Portage* Granite Creek Graphite Egy* Graphite One* Graphite One Gratomic* Gratomic Gray Rock Res Great Atlantic Great Bear Res Great Bear Res* Great Lakes Gr* Great Panther Great Panther* Great Thunder Great Thunder* Greatbanks Re Green River Green Swan Cap Green Valley M Greencastle Rs Greenland M&En* Grenville Gold Grenville Gold* Grid Metals Grid Metals* Grizzly Discvr* Grizzly Discvr Group Eleven Group Ten Mtls* Group Ten Mtls GrowMax Res* GSP Resource GT Gold GT Gold * Gungnir Res* Gungnir Res Gunpoint Expl Guyana Gldflds Guyana Goldstr Guyana Goldstr* Handa Mining Handeni Gold* Hanna Capital Hannan Metals Hannan Metals* Happy Ck Mnrls Harfang Explor*

0.02 0.03 0.03 0.01 1.45 1.10 0.01 0.01 0.08 15.68 11.02 0.99 1.30 0.02 0.03 0.78 1.10 0.03 0.02 0.02 0.01 0.05 0.22 4.63 5.80 0.00 0.01 0.03 0.04 0.13 0.09 0.02 0.03 8.40 5.92 0.03 0.05 0.05 0.04 0.07 0.10 0.05 0.08 0.12 0.05 0.02 0.14 0.01 0.02 0.00 0.01 0.00 0.01 0.17 0.15 0.00 0.00 0.01 0.19 0.31 0.19 0.30 0.42 0.01 0.00 3.49 0.02 0.17 0.11 0.02 0.03 0.02 0.01 0.10 0.08 0.02 0.02 0.04 1.00 0.77 0.02 0.19 0.27 0.10 0.00 0.04 0.03 0.31 0.21 0.00 0.05 0.08 0.02 0.04 5.30 4.17 0.04 0.03 0.09 0.12 0.08 4.71 0.13 0.08 0.03 0.02 0.07 0.10 0.02 0.01 0.03 0.02 0.01 0.01 0.13 0.08 0.06 0.08 4.61 2.05 1.47 0.22 0.14 0.03 0.04 0.05 0.03 0.91 0.10 0.04 0.03 0.10 77.18 102.72 0.00 0.04 0.11 4.82 0.08 0.04 5.53 0.14 0.01 0.05 0.05 0.01 0.03

G-H 78 1368 221 419 52 309 339 656 420 1 17 642 2290 2679 821 1000 49 29 473 1126 10 45 423 683 329 145 11329 85

0.61 0.85 0.44 0.56 0.08 0.11 0.04 0.15 0.11 0.24 0.40 1.67 1.25 0.07 0.05 0.02 0.08 0.13 0.45 0.61 0.06 0.08 0.60 0.81 0.31 0.23 0.37 0.54

0.44 0.57 0.35 0.48 0.06 0.08 0.04 0.13 0.09 0.00 0.00 1.48 1.11 0.06 0.04 0.02 0.07 0.11 0.38 0.52 0.00 0.08 0.49 0.65 0.28 0.21 0.19 0.28

0.61 0.84 0.36 0.48 0.07 0.10 0.04 0.14 0.10 0.24 0.40 1.57 1.14 0.06 0.04 0.02 0.07 0.13 0.45 0.60 0.06 0.08 0.52 0.71 0.30 0.22 0.22 0.32

(100s)

12-month High Low

Change

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

0.13 0.14 0.26 0.40 0.03 0.03 0.02 0.05 0.03 0.02 0.10 0.68 0.50 0.03 0.02 0.01 0.06 0.07 0.20 0.27 0.03 0.02 0.26 0.37 0.24 0.17 0.14 0.22

Exc Volume O 202 C 689 C 144 O 222 V 1839 C 187 V 2834 V 682 O 83 V 50 O 170 C 90 V 186 V 423 O 213 O 40 V 150 V 1044 O 2 V 150 O 229 V 438 O 105 O 130 V 381 V 125 O 307 V 1536 V 525 O 70 O 77 O 1390 O 814 T 1074 O 10 V 211 O 181 V 275 O 3 O 31 C 238 O 0 O 0 O 40 T 66 V 126 O 115 O 129025 O 5 C 38 V 15 T 1188 O 6 N 40629 O 1223 V 6018 C 2353 O 1 C 0 O 119 V 73 X 5537 V 9593 T 652 X 4104 V 528 O 1 V 12 C 20 O 16 V 419 V 582 O 508 O 1233 C 99 V 12 V 283 O 12 V 184 O 98 V 10 V 573 O 52 C 689 T 150 X 7922 V 127 V 122 V 504 V 103 T 228 O 12 X 3167 O 24 V 595 O 543 V 396 O 14 V 56 O 108 T 473 T 2138 O 1141 V 249 O 6 V 785 C 784 O 0 O 713 C 18 V 6328 O 1913 V 583 O 3 V 31 V 59 O 97 V 167 O 1751 V 1005 O 70 V 48 V 243 V 670 O 314 O 176 T 1825 V 630 O 50 V 1478 O 351 V 308 O 7 O 409 V 202 O 24 V 1032 V 309 V 40 V 954 O 336 O 678 T 2824 X 15634 V 869 O 69 V 54 C 328 V 613 V 44 V 131 O 943 C 60 O 0 V 1169 O 555 O 140 V 110 V 654 O 370 V 643 O 48 V 226 V 677 O 153 O 201 V 443 V 105 T 17038 V 1406 O 106 V 10 O 19 V 1871 V 1257 O 585 V 655 O 25

Week Last

12-month

High

Low

Change

0.32 0.43 0.12 0.24 0.27 0.19 0.13 0.17 0.13 0.06 0.20 0.25 0.03 0.27 0.20 0.06 0.08 0.10 0.07 0.22 0.18 0.01 0.00 0.16 0.21 0.11 0.23 0.31 0.08 0.06 2.36 4.63 0.41 0.53 0.07 0.10 0.02 0.02 2.35 0.06 0.07 0.00 0.15 0.28 0.39 0.21 0.15 0.00 0.02 0.05 0.27 0.86 7.85 8.18 0.06 0.08 0.60 0.43 0.00 1.75 2.36 4.17 0.04 0.98 0.74 2.90 0.06 0.09 0.14 0.06 0.09 0.17 0.13 0.01 0.20 0.04 0.09 0.06 0.07 0.06 0.18 0.25 0.18 0.19 0.57 0.42 0.25 0.19 1.65 0.10 4.08 0.37 3.04 0.00 0.13 0.49 0.65 0.06 0.09 0.02 0.03 1.60 1.20 0.71 0.51 0.17 0.03 0.00 0.02 0.32 0.15 0.11 0.02 0.15 0.21 0.20 0.15 0.04 0.11 0.14 0.25 0.34 0.06 0.40 0.30 5.19 6.96 0.16 0.12 0.24 0.17 0.07 0.15 0.50 0.67 0.13 0.17 0.07 0.48 13.20 9.78 0.00 0.64 0.48 0.54 0.41 0.13 0.08 0.04 0.27 0.07 0.11 0.09 0.08 0.25 0.19 0.04 0.06 0.07 0.19 0.25 0.02 0.18 1.51 1.11 0.05 0.08 0.58 1.77 0.05 0.04 0.05 0.03 0.06 0.42 0.32 0.08 0.18

0.27 0.27 0.35 0.36 0.11 0.12 + 0.17 0.19 + 0.23 0.24 + 0.17 0.18 0.11 0.13 + 0.15 0.16 + 0.00 0.11 0.06 0.06 unch 0.16 0.18 + 0.22 0.24 unch 0.02 0.03 + 0.24 0.25 + + 0.17 0.18 0.06 0.06 unch 0.07 0.08 + 0.00 0.09 0.00 0.07 + 0.00 0.20 0.14 0.15 0.01 0.01 unch 0.00 0.00 unch 0.11 0.12 0.15 0.15 0.11 0.11 0.21 0.22 0.28 0.31 unch 0.08 0.08 0.06 0.06 + 2.08 2.20 4.06 4.25 0.36 0.37 0.48 0.50 0.06 0.06 0.08 0.08 unch 0.01 0.02 + 0.02 0.02 unch 1.50 1.50 0.05 0.05 + 0.06 0.07 unch 0.00 0.14 unch 0.15 0.15 unch 0.00 0.25 0.35 0.35 0.18 0.18 + 0.13 0.13 0.00 0.00 unch 0.00 0.02 0.00 0.03 0.26 0.26 0.80 0.82 + 7.40 7.85 + 7.15 7.48 + 0.04 0.06 + 0.06 0.08 + 0.48 0.55 + 0.43 0.43 unch 0.00 0.10 unch 1.62 1.70 unch 2.18 2.21 3.78 3.84 0.00 0.02 + 0.90 0.90 unch 0.66 0.67 2.35 2.84 + 0.06 0.06 unch 0.00 0.09 0.14 0.14 unch 0.06 0.06 0.08 0.08 0.15 0.16 unch 0.11 0.12 + 0.00 0.00 0.20 0.20 + 0.04 0.04 unch 0.00 0.08 0.06 0.06 unch 0.06 0.07 unch 0.04 0.06 + 0.00 0.18 unch 0.16 0.21 + 0.14 0.18 + 0.16 0.17 unch 0.46 0.48 0.34 0.35 0.23 0.23 0.16 0.19 + 1.36 1.52 + 0.08 0.09 + 3.42 3.42 0.19 0.19 unch 2.52 2.54 0.00 0.00 unch 0.11 0.12 + 0.44 0.45 0.60 0.60 0.05 0.05 0.07 0.07 0.01 0.01 0.02 0.02 1.48 1.53 + 1.08 1.12 + 0.61 0.64 0.47 0.49 + 0.15 0.16 0.02 0.03 unch 0.00 0.02 unch 0.01 0.01 0.22 0.30 0.12 0.13 + 0.09 0.09 0.02 0.02 + 0.15 0.15 + 0.00 0.21 0.00 0.18 + 0.12 0.15 + 0.03 0.03 0.09 0.09 0.13 0.13 0.24 0.24 0.31 0.31 + 0.05 0.06 + 0.34 0.36 unch 0.25 0.26 4.73 4.88 6.44 6.52 0.14 0.15 + 0.10 0.12 + 0.20 0.20 0.15 0.16 0.06 0.07 + 0.00 0.11 0.33 0.40 0.45 0.53 0.09 0.11 + 0.12 0.16 + 0.06 0.06 0.45 0.48 + 11.44 12.99 + 8.54 9.52 + 0.00 0.00 + 0.56 0.57 0.40 0.43 0.42 0.48 0.33 0.35 0.10 0.13 unch 0.06 0.08 unch 0.03 0.03 unch 0.24 0.24 0.07 0.07 unch 0.08 0.08 0.07 0.07 unch 0.05 0.05 0.16 0.20 0.12 0.15 0.00 0.04 + 0.05 0.06 unch 0.05 0.06 + 0.16 0.17 0.22 0.24 0.02 0.02 unch 0.17 0.17 + 1.37 1.48 + 1.04 1.04 0.00 0.04 0.00 0.07 0.52 0.52 1.68 1.76 unch 0.04 0.05 unch 0.03 0.04 + 0.00 0.05 unch 0.02 0.03 + 0.04 0.05 0.32 0.36 + 0.24 0.25 0.07 0.08 + 0.18 0.18 unch

0.03 0.07 0.01 0.02 0.02 0.01 0.02 0.01 0.01 0.00 0.01 0.00 0.01 0.02 0.00 0.00 0.01 0.01 0.02 0.02 0.01 0.00 0.00 0.01 0.02 0.01 0.01 0.00 0.01 0.00 0.06 0.23 0.01 0.01 0.01 0.00 0.00 0.00 0.50 0.00 0.00 0.00 0.00 0.02 0.03 0.04 0.02 0.00 0.01 0.02 0.01 0.01 0.45 0.16 0.01 0.02 0.05 0.00 0.00 0.00 0.07 0.17 0.01 0.00 0.03 0.44 0.00 0.01 0.00 0.00 0.01 0.00 0.01 0.00 0.01 0.00 0.01 0.00 0.00 0.00 0.00 0.02 0.03 0.00 0.08 0.06 0.02 0.02 0.08 0.01 0.31 0.00 0.23 0.00 0.01 0.03 0.03 0.00 0.01 0.01 0.01 0.03 0.00 0.02 0.01 0.01 0.00 0.00 0.00 0.03 0.01 0.00 0.01 0.00 0.01 0.01 0.02 0.01 0.01 0.02 0.00 0.01 0.01 0.00 0.01 0.10 0.12 0.01 0.01 0.03 0.01 0.02 0.00 0.09 0.10 0.01 0.04 0.02 0.03 2.20 1.55 0.00 0.02 0.02 0.06 0.08 0.00 0.00 0.00 0.02 0.00 0.02 0.00 0.03 0.05 0.03 0.00 0.00 0.01 0.01 0.01 0.00 0.01 0.04 0.02 0.01 0.01 0.03 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.01 0.01 0.00

(100s)

High Low

Stock

0.62 0.75 0.18 0.33 0.49 0.24 0.16 0.21 0.16 0.13 0.24 0.31 0.04 0.44 0.32 0.10 0.17 0.33 0.29 0.53 0.40 0.06 0.04 0.26 0.35 0.25 0.38 0.50 0.14 0.10 3.59 7.09 0.65 0.90 0.10 0.16 0.05 0.07 2.35 0.15 0.20 0.15 0.60 0.31 0.40 0.25 0.17 0.00 0.14 0.10 0.36 0.90 7.85 8.67 0.06 0.09 0.60 0.43 0.17 2.42 3.17 6.24 0.14 1.49 1.12 3.56 0.14 0.19 0.14 0.14 0.18 0.31 0.24 0.01 0.28 0.06 0.38 0.28 0.10 0.08 0.19 0.28 0.18 0.20 0.71 0.53 0.38 0.98 1.65 0.16 6.48 0.80 4.97 0.01 0.13 0.49 0.66 0.10 0.14 0.04 0.06 2.05 1.60 1.15 0.82 0.23 0.10 0.07 0.04 0.59 0.17 0.14 0.05 0.23 0.80 2.18 0.16 0.08 0.15 0.20 0.31 0.46 0.10 0.45 0.34 5.62 7.81 0.23 0.17 0.29 0.21 0.09 0.35 0.54 0.75 0.18 0.20 0.15 0.80 13.20 9.78 0.04 1.28 0.98 0.72 0.51 0.16 0.09 0.04 0.27 0.08 0.12 0.25 0.13 0.27 0.20 0.05 0.06 0.09 0.28 0.38 0.15 0.44 1.67 1.20 0.11 0.13 0.74 1.80 0.18 0.16 0.05 0.04 0.08 0.45 0.34 0.16 0.20

Harfang Explor Harmony Gold* Harte Gold Harte Gold* Harvest Gold* Harvest Gold Hawkeye Gld&Di* Hawkeye Gld&Di Heatherdale Rs Hecla Mining* Hemcare Health* Hemlo Expl* Hemlo Expl Highbank Res Highbury Proj HighGold HighGold* Highland Copp Highland Copp* Highway 50 Gld Highway 50 Gld* HiHo Silver* Hochschild Mg* Honey Badger E* Honey Badger E Horizonte Mnls HudBay Min* HudBay Min Hudson Res Hudson Res* Hunt Mng* Hunt Mng Hybrid Mineral

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

I-Minerals* I-Minerals IAMGOLD IAMGOLD* 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 Inomin Mines Intact Gold Integra Res* Integra Res Inter-Rock Mnl Intercontinent Intl Battery Intl Battery* Intl Bethl Mng Intl Cobalt* Intl Cobalt Intl Lithium* Intl Lithium Intl Millm Mng Intl Montoro* Intl Montoro Intl Prospect * Intl Prospect Intl Samuel Ex Intl Star* Intl Tower Hil* Intl Tower Hil Intl Zeolite Intl Zeolite* Intrepid Pots* INV Metals* INV Metals Inventus Mg * Inventus Mg InZinc Mining Irving Res* Irving Res IsoEnergy Ltd Itafos* Itafos Itoco Inc* Ivanhoe Mines* Ivanhoe Mines Jade Leader* Jade Leader Jaeger Res Jaguar Mng Jaguar Mng* Japan Gold Japan Gold* Jasper Mining Jasper Mining* Jaxon Mining* Jaxon Mining Jayden Res Jayden Res* Jazz Res JDF Explor Inc Jervois Mining Jervois Mining* Jiulian Res JNC Resources Josemaria Res* Josemaria Res Joshua Gold* Jourdan Res Jubilee Gold Jubilee Metals* Juggernaut Exp Juggernaut Exp* Jupiter Gold* K2 Gold K92 Mining* K92 Mining Kaizen Discov Kaizen Discvry* Kanadario Gold Karam Min Karnalyte Res Karoo Expl KAT Expl* Katanga Mng 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 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* Kombat Copper Komet Resource Kootenay Silvr* Kootenay Silvr Kore Mining Kore Mining * Kutcho Copper * KWG Res* KWG Res

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

0.15 0.19 0.02 0.10 0.15 0.14 0.07 0.09 0.06 0.03 0.05 0.06 0.02 0.07 0.05 0.02 0.03 0.05 0.05 0.13 0.09 0.01 0.00 0.04 0.04 0.05 0.11 0.15 0.07 0.05 1.29 2.51 0.18 0.23 0.03 0.02 0.00 0.01 0.55 0.03 0.03 0.07 0.10 0.19 0.26 0.08 0.05 0.00 0.01 0.02 0.20 0.37 4.09 3.79 0.02 0.02 0.17 0.43 0.05 1.05 1.82 2.02 0.01 0.46 0.27 0.75 0.06 0.09 0.12 0.05 0.07 0.09 0.06 0.00 0.03 0.02 0.04 0.03 0.04 0.02 0.04 0.06 0.05 0.07 0.20 0.13 0.04 0.08 0.66 0.03 2.56 0.19 1.85 0.00 0.03 0.24 0.31 0.05 0.06 0.01 0.02 0.82 0.61 0.20 0.14 0.09 0.02 0.01 0.01 0.07 0.06 0.03 0.01 0.00 0.12 0.12 0.00 0.02 0.05 0.08 0.03 0.08 0.03 0.10 0.07 2.10 2.88 0.09 0.06 0.10 0.07 0.03 0.00 0.09 0.12 0.00 0.03 0.04 0.30 3.46 7.46 0.00 0.32 0.23 0.08 0.10 0.06 0.04 0.01 0.05 0.03 0.04 0.06 0.05 0.08 0.05 0.01 0.02 0.02 0.09 0.12 0.00 0.08 0.66 0.50 0.02 0.03 0.43 0.25 0.02 0.01 0.02 0.02 0.02 0.05 0.04 0.06 0.17

Exc Volume

Week

12-month

High

Low

Last

87 25253 1166 99 54 38 11 325 638 45825 42 40 37 130 0 602 23 169 233 398 454 1 49 386 4539 356 6482 7764 128 86 39 935 5

0.28 3.37 0.13 0.10 0.05 0.08 0.01 0.02 0.16 3.47 1.68 0.33 0.50 0.01 0.00 1.55 1.14 0.03 0.02 0.08 0.06 0.02 2.62 0.03 0.04 0.06 3.22 4.34 0.14 0.10 0.04 0.05 0.03

0.24 3.04 0.12 0.08 0.05 0.07 0.01 0.02 0.14 3.01 1.50 0.00 0.00 0.01 0.00 1.43 1.07 0.03 0.02 0.07 0.04 0.02 2.33 0.02 0.03 0.06 2.71 3.69 0.11 0.08 0.02 0.04 0.03

0.27 3.14 0.12 0.09 0.05 0.08 0.01 0.02 0.14 3.10 1.67 0.33 0.44 0.01 0.22 1.46 1.07 0.03 0.02 0.07 0.05 0.02 2.50 0.03 0.03 0.06 2.83 3.83 0.14 0.09 0.04 0.05 0.03

5 0 9528 25667 263 26 33 747 274 65 2069 765 6779 27 1614 0 263 46 1226 473 649 50 710 10 35 10 2413 80 270 435 1237 157 2 53 100 1 58 1245 51 617 90 583 891 189 516 63 6550 3236 328 896 18 3828 56 480 59 425 366 139 186 431 6 8 186 845 4760 4 6 8 2547 634 418 111 8 8 0 331 109 0 0 283 1497 973 298 92 111 231 34 73 36 67 140 68 1 403 1117 4300 94 5 25 71 54 47 2495 654 121 109 123 401 0 165 34 1399 9 98 663 85 442 1813 89 2 104 10 27892 96242 605 9901 6545 115 216 42 227 42 2 564 90 715 2812 803 337 21 500 518

0.03 0.00 5.07 3.76 0.07 0.05 0.23 0.29 0.02 0.07 0.42 0.30 0.03 0.02 0.73 0.00 2.03 1.53 0.06 0.62 0.81 0.04 0.08 0.05 0.11 0.07 0.10 0.04 0.04 1.08 1.44 0.36 0.23 0.11 0.09 0.00 0.02 0.02 0.04 0.05 0.01 0.04 0.04 0.11 0.12 0.14 0.00 1.37 1.77 0.07 0.05 1.42 0.48 0.65 0.10 0.14 0.03 2.06 2.75 0.69 0.22 0.30 0.09 2.92 3.76 0.07 0.09 0.02 0.38 0.28 0.30 0.23 0.06 0.03 0.03 0.05 0.02 0.00 0.00 0.07 0.16 0.13 0.04 0.19 0.56 0.75 0.15 0.01 0.78 0.06 0.18 0.15 0.77 0.33 3.00 3.99 0.05 0.03 0.18 0.17 0.18 0.36 0.00 0.16 0.05 0.03 0.12 0.16 0.00 0.05 0.03 0.01 0.00 0.12 0.17 0.02 0.04 0.13 0.01 0.00 0.15 0.12 9.06 6.72 0.10 40.12 54.20 0.24 0.32 0.03 0.04 0.24 0.12 0.18 0.11 0.26 0.35 0.72 0.54 0.09 0.00 0.01

Change

High Low

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

0.05 0.01 0.01 0.00 0.00 0.01 0.00 0.00 0.03 0.08 0.00 0.10 0.04 0.00 0.00 0.06 0.06 0.01 0.00 0.02 0.01 0.00 0.14 0.00 0.00 0.01 0.27 0.34 0.03 0.02 0.00 0.01 0.01

0.30 4.54 0.35 0.26 0.25 0.30 0.05 0.07 0.24 3.66 1.92 0.48 0.75 0.03 0.30 1.89 1.45 0.06 0.04 0.19 0.13 0.04 2.79 0.03 0.05 0.09 5.74 7.55 0.45 0.38 0.10 0.14 0.05

0.15 1.76 0.08 0.05 0.04 0.06 0.01 0.01 0.06 1.38 0.52 0.04 0.17 0.01 0.17 0.57 0.42 0.02 0.01 0.06 0.04 0.01 0.99 0.01 0.01 0.03 1.23 1.66 0.07 0.04 0.00 0.04 0.01

0.03 0.03 0.00 0.04 unch 4.65 4.69 3.43 3.45 0.06 0.06 0.04 0.05 + 0.09 0.19 0.24 0.29 + 0.02 0.02 unch 0.07 0.07 unch 0.25 0.28 0.19 0.21 0.02 0.03 unch 0.02 0.02 + 0.61 0.65 + 0.00 4.60 unch 1.72 1.81 1.31 1.31 0.05 0.06 + 0.43 0.50 + 0.69 0.69 + 0.03 0.04 0.05 0.07 + 0.04 0.05 + 0.00 0.10 unch 0.06 0.07 + 0.08 0.08 + 0.04 0.04 0.04 0.04 unch 0.96 1.00 + 1.31 1.33 + 0.30 0.36 + 0.23 0.23 unch 0.00 0.11 + 0.07 0.08 + 0.00 0.02 unch 0.00 0.02 + 0.01 0.02 + 0.03 0.04 + 0.05 0.05 + 0.00 0.01 unch 0.01 0.03 + 0.03 0.04 + 0.09 0.11 + 0.10 0.11 0.14 0.14 unch 0.00 0.00 unch 1.08 1.19 1.46 1.60 0.05 0.06 + 0.03 0.05 + 1.10 1.22 0.43 0.46 + 0.57 0.63 + 0.10 0.10 + 0.12 0.13 0.00 0.03 1.87 1.94 2.53 2.63 0.56 0.60 0.00 0.22 + 0.00 0.27 0.06 0.09 2.47 2.69 3.36 3.65 + 0.05 0.05 0.00 0.08 0.00 0.02 unch 0.33 0.34 0.23 0.25 0.27 0.27 unch 0.19 0.20 + 0.05 0.06 + 0.03 0.03 unch 0.00 0.03 0.05 0.05 0.02 0.02 0.00 0.00 unch 0.00 0.14 unch 0.06 0.06 0.14 0.15 0.09 0.10 0.00 0.04 unch 0.19 0.19 unch 0.49 0.52 + 0.66 0.67 0.04 0.04 0.01 0.01 unch 0.49 0.75 0.04 0.05 0.18 0.18 0.13 0.13 0.25 0.75 unch 0.27 0.28 2.66 2.70 + 3.55 3.68 + 0.04 0.04 0.03 0.03 0.18 0.18 unch 0.16 0.17 + 0.00 0.17 + 0.00 0.33 + 0.00 0.00 + 0.16 0.16 unch 0.04 0.04 unch 0.03 0.03 0.10 0.12 + 0.14 0.15 + 0.00 0.03 unch 0.04 0.04 0.00 0.03 unch 0.01 0.01 unch 0.00 0.00 unch 0.10 0.11 + 0.12 0.14 + 0.00 0.02 unch 0.00 0.03 0.08 0.09 0.01 0.01 unch 0.00 0.00 unch 0.00 0.15 unch 0.11 0.11 8.18 8.43 + 6.09 6.19 0.09 0.10 unch 36.60 36.74 49.68 49.84 0.19 0.19 0.28 0.29 0.02 0.03 0.04 0.04 0.21 0.24 + 0.12 0.12 0.15 0.17 unch 0.10 0.10 0.22 0.23 0.31 0.33 0.62 0.68 + 0.47 0.51 + 0.08 0.08 0.00 0.00 unch 0.01 0.01 unch

0.01 0.00 0.14 0.15 0.01 0.00 0.03 0.02 0.00 0.00 0.12 0.09 0.00 0.00 0.01 0.00 0.19 0.19 0.01 0.01 0.03 0.00 0.02 0.02 0.00 0.01 0.01 0.01 0.00 0.02 0.02 0.04 0.00 0.01 0.01 0.00 0.00 0.01 0.01 0.01 0.00 0.02 0.01 0.02 0.02 0.00 0.00 0.07 0.08 0.01 0.01 0.08 0.03 0.05 0.00 0.01 0.01 0.04 0.02 0.11 0.01 0.03 0.00 0.00 0.04 0.02 0.01 0.00 0.02 0.02 0.00 0.00 0.01 0.00 0.02 0.01 0.01 0.00 0.00 0.01 0.01 0.01 0.00 0.00 0.01 0.03 0.06 0.00 0.02 0.00 0.01 0.02 0.00 0.04 0.01 0.02 0.01 0.00 0.00 0.01 0.03 0.01 0.00 0.00 0.00 0.00 0.01 0.01 0.00 0.01 0.00 0.00 0.00 0.02 0.03 0.00 0.01 0.08 0.00 0.00 0.00 0.01 0.08 0.03 0.00 1.43 1.51 0.03 0.01 0.00 0.01 0.02 0.00 0.00 0.02 0.02 0.02 0.05 0.05 0.00 0.00 0.00

0.07 0.12 5.55 4.17 0.12 0.09 0.47 0.44 0.04 0.15 1.00 0.73 0.12 0.09 0.74 10.60 2.93 2.17 0.08 0.62 0.82 0.18 0.09 0.06 0.15 0.08 0.11 0.05 0.09 1.08 1.47 0.36 0.33 0.18 0.13 0.10 0.02 0.02 0.05 0.07 0.02 0.04 0.06 0.11 0.16 0.30 0.00 1.69 2.27 0.14 0.10 3.87 0.48 0.68 0.15 0.21 0.05 3.48 4.60 0.84 1.23 1.63 0.90 3.46 4.54 0.27 0.35 0.04 0.42 0.31 0.45 0.34 0.25 0.08 0.06 0.09 0.03 0.02 0.44 0.71 0.25 0.21 0.05 0.25 0.91 1.22 0.40 0.03 0.95 0.07 1.25 1.02 2.00 0.40 3.50 4.47 0.08 0.06 0.25 0.17 0.26 0.60 0.00 0.55 0.11 0.07 0.21 0.27 0.03 0.07 0.04 0.02 0.01 0.12 0.19 0.04 0.10 0.23 0.03 0.00 0.43 0.34 10.64 7.67 0.20 51.08 67.87 0.35 0.45 0.04 0.05 0.49 0.15 0.22 0.13 0.30 0.40 0.80 0.60 0.21 0.01 0.01

0.01 0.02 2.00 1.44 0.04 0.02 0.04 0.04 0.01 0.04 0.15 0.19 0.02 0.01 0.22 4.60 0.99 0.70 0.03 0.01 0.16 0.03 0.03 0.00 0.06 0.01 0.03 0.03 0.03 0.40 0.61 0.16 0.10 0.07 0.05 0.01 0.00 0.01 0.02 0.03 0.01 0.01 0.01 0.05 0.07 0.05 0.00 0.33 0.43 0.02 0.02 0.60 0.13 0.17 0.05 0.07 0.01 1.02 1.45 0.23 0.14 0.21 0.03 1.35 1.80 0.02 0.04 0.01 0.09 0.05 0.19 0.12 0.01 0.03 0.02 0.03 0.01 0.00 0.14 0.01 0.11 0.05 0.01 0.18 0.21 0.31 0.04 0.01 0.38 0.03 0.10 0.06 0.20 0.11 1.12 1.55 0.03 0.02 0.15 0.03 0.09 0.04 0.00 0.05 0.02 0.02 0.06 0.10 0.02 0.03 0.01 0.01 0.00 0.02 0.01 0.00 0.01 0.06 0.01 0.00 0.07 0.01 4.00 2.72 0.05 18.03 25.67 0.10 0.14 0.01 0.02 0.12 0.05 0.05 0.05 0.08 0.11 0.15 0.09 0.03 0.00 0.01

I-J-K

(100s) Stock

Exc Volume

Week High

Low

Last

21

12-month Change

High Low

L Labrador Gold* Labrador Gold Labrador IMH* Labrador IOR* Labrador IOR Lake Resources* Lara Expl Laramide Res Laredo Res* Largo Res Largo Res* Lasalle Explor Latin American Latin American* Latin Metals* Latin Metals Laurion Mnl Ex* Laurion Mnl Ex Leading Edge* Leading Edge Leeta Gold Legion Metals Libero Copper* Libero Copper Liberty Gold* Liberty One Li Liberty One Li* Lida Resources Lightspeed Dis* Lightspeed Dis Lincoln Mng Lion One Mtls Lion One Mtls* Lions Bay Cap Lions Bay Mg * Lions Bay Mg Lithium Amer* Lithium Amer Lithium Chile* Lithium Chile Lithium Corp* Lithium Energi* Lithium Energi Lithoquest Dia Lithoquest Dia* 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*

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

42 720 197 9 1357 1647 166 994 12093 1316 647 128 275 70 25 375 11 312 571 395 9163 1098 663 1244 1179 204 379 866 0 23 17 761 506 239 0 110 3254 1498 131 219 2043 2 27 316 26 3 30 45 102 2571 211 62 48 22 23 60 40 25 1715 355 27 1 46 523 1370 559 1112 161 8217 1 74 215 431 322

0.17 0.26 0.02 18.34 24.85 0.03 0.78 0.25 0.01 1.07 0.79 0.09 0.01 0.01 0.06 0.08 0.11 0.15 0.15 0.21 0.40 0.31 0.09 0.12 1.01 0.08 0.05 0.24 0.00 0.20 0.15 1.44 1.07 0.03 0.00 0.28 5.06 6.81 0.23 0.29 0.14 0.06 0.12 0.04 0.04 0.10 0.14 0.08 0.11 0.04 0.03 0.50 0.66 0.81 0.19 0.30 0.18 0.12 0.57 0.22 0.15 0.22 0.32 0.62 0.80 0.80 12.01 5.50 7.14 0.03 0.03 0.02 1.57 1.58

Macarthur Min* Macarthur Min MacDonald Mns* MacDonald Mns MAG Silver Magellan Gold* Magna Gold Magna Gold* Magnum Goldco Majestic Gold* Majestic Gold Makara Mining Makena Res* Mako Mining Mako Mining* 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 Margaret Lake* Margaret Lake Margaux Res Margaux Res* Marifil Mines* Marifil Mines Marimaca Cop Marimaca Cop* Mariner Res Maritime Res Martina Mnls 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* Maya Gold &Sil* Maya Gold &Sil Mazarin McChip Res McEwen Mng McEwen Mng* McLaren Res MDN Inc* Mechel* Medallion Res Medallion Res* Medgold Res Medinah Mnrls* Mega Uranium Mega Uranium* Megastar Dev Megastar Dev* MegumaGold* MegumaGold Melior Res Melior Res* Melkior Res Melkior Res* Meridian Mg Meridius Res Meryllion Res Meryllion Res* MetalCorp MetalCorp* Metalex Vent Metalla Rylty Metallic Mnrls Metallic Mnrls* Metallica Min* Metallis Res Metalo Manuf Metalore Res Metalore Res* Metals Creek* Metals Creek Metals X* Metron Capital Mexican Gold*

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

298 697 235 2032 1505 25 378 333 167 15 773 221 247 1118 966 350 371 29 5 645 277 129 0 2172 3878 1015 337 3292 4 350 547 3 65 214 278 18 6 1359 0 3245 65 0 452 748 13 1535 215 858 1326 218 1063 819 80 178 2 2 92 113 11 1968 19043 283 107 310 430 504 433 15880 1094 800 51 530 214 911 125 1 305 63 61 10 315 0 244 112 608 212 1667 1238 46 152 53 0 0 29 212 307 47 102

0.16 0.24 0.07 0.09 17.52 0.84 0.95 0.75 0.05 0.04 0.05 0.78 0.32 0.45 0.34 0.04 2.03 1.54 0.08 0.13 0.07 0.04 0.00 0.05 0.09 0.07 1.27 1.69 0.03 0.04 0.07 0.05 0.03 0.05 1.65 0.04 0.15 0.10 0.00 230.46 0.08 0.00 0.20 0.26 0.15 0.04 0.02 5.97 4.40 0.29 0.39 0.11 0.07 0.09 0.07 1.68 2.30 0.18 0.41 1.39 1.04 0.06 0.36 2.05 0.14 0.10 0.07 0.00 0.11 0.08 0.11 0.07 0.14 0.20 0.03 0.01 0.82 0.61 0.12 0.12 0.01 0.00 0.02 0.01 0.03 8.20 0.43 0.32 0.01 0.34 0.20 0.00 1.42 0.04 0.05 0.07 0.30 0.06

0.17 0.17 + 0.20 0.22 0.01 0.01 16.88 16.88 22.75 23.79 + 0.02 0.03 0.71 0.72 + 0.21 0.23 unch 0.00 0.00 + 0.91 0.94 0.64 0.69 0.08 0.09 unch 0.01 0.01 unch 0.01 0.01 unch 0.06 0.06 + 0.06 0.07 + 0.00 0.09 0.14 0.14 unch 0.10 0.11 + 0.15 0.16 + 0.33 0.35 0.28 0.30 0.07 0.08 + 0.10 0.11 + 0.88 0.97 + 0.06 0.07 + 0.03 0.05 + 0.23 0.24 unch 0.00 0.07 unch 0.00 0.20 unch 0.11 0.15 + 1.34 1.42 + 0.97 1.05 unch 0.02 0.02 unch 0.00 0.16 unch 0.23 0.28 unch 3.95 4.15 5.39 5.62 0.17 0.18 + 0.25 0.25 + 0.09 0.10 + 0.06 0.06 unch 0.00 0.10 + 0.00 0.04 unch 0.03 0.03 0.00 0.08 0.00 0.10 + 0.08 0.08 unch 0.10 0.11 unch 0.03 0.03 unch 0.02 0.02 0.43 0.43 0.59 0.59 0.00 0.52 + 0.17 0.19 + 0.25 0.30 + 0.12 0.15 0.09 0.12 + 0.51 0.55 + 0.03 0.19 0.00 0.15 0.21 0.21 0.00 0.32 + 0.53 0.57 + 0.70 0.76 + 0.74 0.75 + 10.84 11.30 + 4.71 4.84 6.48 6.56 0.00 0.03 unch 0.00 0.03 unch 0.00 0.01 + 1.29 1.32 1.25 1.29 -

0.00 0.01 0.00 0.50 0.84 0.01 0.03 0.00 0.00 0.06 0.06 0.00 0.00 0.00 0.02 0.01 0.01 0.00 0.00 0.02 0.05 0.01 0.01 0.01 0.05 0.01 0.01 0.00 0.00 0.00 0.01 0.04 0.00 0.00 0.00 0.00 0.86 1.16 0.00 0.01 0.00 0.00 0.01 0.00 0.01 0.01 0.03 0.00 0.00 0.00 0.00 0.06 0.07 0.01 0.02 0.01 0.01 0.00 0.03 0.04 0.04 0.01 0.03 0.05 0.06 0.01 0.20 0.36 0.44 0.00 0.00 0.00 0.20 0.19

0.18 0.26 0.20 27.20 36.01 0.32 0.83 0.37 0.01 2.01 1.56 0.18 0.02 0.02 0.11 0.15 0.16 0.22 0.28 0.37 0.55 0.70 0.18 0.23 1.09 0.11 0.08 0.27 0.09 0.20 0.20 2.14 1.64 0.06 0.30 0.39 6.03 8.00 0.35 0.50 0.20 0.14 0.24 0.10 0.08 0.19 0.28 1.16 1.90 0.06 0.04 0.64 0.88 1.00 0.40 0.52 0.20 0.14 1.63 0.53 0.40 1.62 2.20 0.62 0.80 1.02 13.49 6.34 8.08 0.05 0.07 0.16 2.02 2.05

0.09 0.10 0.00 9.71 13.25 0.02 0.44 0.10 0.00 0.56 0.40 0.08 0.01 0.00 0.04 0.05 0.07 0.09 0.03 0.01 0.08 0.14 0.02 0.03 0.29 0.04 0.02 0.13 0.07 0.08 0.05 0.62 0.46 0.01 0.03 0.04 1.92 2.90 0.07 0.10 0.05 0.01 0.03 0.03 0.03 0.04 0.03 0.08 0.10 0.02 0.01 0.11 0.15 0.10 0.14 0.20 0.12 0.09 0.40 0.08 0.05 0.10 0.13 0.29 0.46 0.41 5.67 2.82 4.08 0.00 0.01 0.00 0.58 0.55

0.01 0.01 0.00 0.00 0.35 0.09 0.05 0.04 0.01 0.00 0.01 0.03 0.06 0.01 0.01 0.00 0.19 0.12 0.00 0.01 0.00 0.00 0.00 0.01 0.00 0.00 0.02 0.01 0.00 0.01 0.01 0.00 0.00 0.01 0.10 0.00 0.00 0.00 0.00 28.38 0.02 0.00 0.00 0.01 0.00 0.01 0.00 0.04 0.12 0.01 0.00 0.01 0.00 0.01 0.00 0.23 0.35 0.05 0.12 0.08 0.08 0.02 0.08 0.22 0.01 0.01 0.01 0.00 0.01 0.01 0.01 0.00 0.00 0.01 0.00 0.33 0.06 0.04 0.01 0.01 0.00 0.00 0.01 0.00 0.00 0.08 0.03 0.02 0.00 0.02 0.00 0.00 0.19 0.00 0.00 0.01 0.06 0.00

0.34 0.44 0.16 0.21 19.14 2.50 0.95 0.75 0.14 0.05 0.07 0.78 0.93 0.48 0.36 0.05 2.12 1.55 0.10 0.16 0.13 0.09 0.06 0.08 0.14 0.11 1.34 1.77 0.04 0.06 0.12 0.08 0.13 0.17 2.63 2.00 0.20 0.12 0.06 281.82 0.10 50.00 0.30 0.39 0.18 0.09 0.05 7.33 5.72 0.32 0.43 0.87 0.09 0.13 4.54 1.73 2.50 0.18 0.65 2.84 2.14 0.06 0.40 3.43 0.28 0.21 0.15 0.00 0.12 0.09 0.19 0.12 0.15 0.21 0.35 0.01 1.25 0.88 0.22 0.17 0.02 0.01 0.04 0.03 0.08 8.69 0.43 0.32 0.01 0.99 0.40 2.60 1.80 0.06 0.08 0.18 0.42 0.14

0.04 0.07 0.03 0.03 5.33 0.20 0.19 0.02 0.03 0.02 0.04 0.50 0.24 0.09 0.07 0.02 0.46 0.06 0.04 0.06 0.03 0.02 0.02 0.02 0.04 0.03 0.52 0.71 0.02 0.02 0.05 0.03 0.02 0.03 1.00 0.69 0.13 0.05 0.05 135.08 0.03 0.51 0.08 0.12 0.10 0.02 0.00 3.10 2.51 0.09 0.13 0.06 0.02 0.03 0.05 0.65 0.82 0.04 0.39 0.76 0.53 0.01 0.11 1.28 0.05 0.03 0.03 0.00 0.05 0.03 0.05 0.05 0.03 0.06 0.01 0.01 0.06 0.01 0.04 0.11 0.01 0.00 0.01 0.00 0.02 3.84 0.10 0.07 0.01 0.11 0.07 0.89 0.71 0.02 0.03 0.03 0.06 0.01

M 0.14 0.14 0.19 0.19 0.06 0.07 + 0.09 0.09 unch 15.86 16.31 0.51 0.84 + 0.80 0.90 + 0.60 0.69 + 0.04 0.04 0.03 0.04 + 0.04 0.05 + 0.75 0.78 + 0.25 0.25 0.38 0.41 0.28 0.30 0.04 0.04 unch 1.74 1.80 1.28 1.34 0.08 0.08 unch 0.10 0.10 0.06 0.06 unch 0.04 0.04 unch 0.00 0.04 unch 0.04 0.04 0.07 0.08 unch 0.05 0.06 1.14 1.15 1.55 1.58 0.02 0.02 0.03 0.03 0.06 0.07 + 0.05 0.05 unch 0.03 0.03 unch 0.04 0.04 1.47 1.60 + 0.04 0.04 unch 0.15 0.15 unch 0.09 0.09 unch 0.00 0.05 unch 188.24 197.05 0.07 0.08 + 0.00 1.50 unch 0.15 0.15 + 0.21 0.22 + 0.15 0.15 unch 0.03 0.03 0.02 0.02 unch 5.43 5.57 3.99 4.06 0.25 0.27 + 0.34 0.36 unch 0.09 0.10 0.06 0.06 0.00 0.09 + 0.00 0.07 + 1.47 1.47 1.95 1.97 0.09 0.14 + 0.00 0.40 1.24 1.24 0.91 0.91 0.04 0.04 0.26 0.28 + 1.77 1.82 0.11 0.12 + 0.08 0.08 0.06 0.06 0.00 0.00 + 0.09 0.09 0.07 0.07 0.10 0.10 0.07 0.07 unch 0.11 0.11 + 0.12 0.16 + 0.00 0.03 unch 0.01 0.01 0.70 0.75 0.51 0.55 0.00 0.10 0.11 0.12 + 0.01 0.01 unch 0.00 0.00 unch 0.01 0.02 + 0.01 0.01 + 0.02 0.03 unch 7.52 7.62 0.37 0.40 + 0.28 0.29 + 0.00 0.01 + 0.26 0.27 0.15 0.20 unch 0.00 2.15 unch 0.00 1.42 0.03 0.04 + 0.05 0.05 unch 0.00 0.07 0.24 0.24 0.05 0.06 -

22

WWW.NORTHERNMINER.COM

JUNE 22–JULY 5, 2020 / THE NORTHERN MINER

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

Exc Volume

Mexivada Mng* Mexus Gold* MGX Minerals* MGX Minerals Mich Resources Midas Gold Midas Gold* 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 Mining Global* Minnova Corp Minsud Res Miramont Res* Miramont Res Mirasol Res Mistango River Mkango Res ML Gold* ML Gold Corp Monarca Mnrls* Monarca Mnrls Monarch Gold Monarch Gold* Moneta Porcpn* Moneta Porcpn Monitor Vent* Monitor Vent Monterey Min Montero Mg&Ex Montero Mg&Ex * Monument Mng Monument Mng* Morien Res* Morien Res Mosaic* Mount Gibson * Mountain Boy* Mountain Boy Mountain Prov Mountain Prov* MPV Explor Mundoro Cap Mundoro Cap* Murchison Min* Murchison Min MX Gold* MX Gold

O 356 O 34468 O 308 C 188 C 51 T 849 O 1592 V 133 C 1719 O 1 V 163 O 54 V 83 O 1387 V 1503 V 147 V 345 O 397 O 108 T 176 O 2296 V 2591 O 692 C 2145 O 845 V 1064 O 2 O 104268 V 1004 O 433 V 0 O 438 V 79 V 27 O 5 C 50 V 154 C 505 V 32 O 5 V 963 O 116 V 213 T 3621 O 761 O 1194 T 2558 O 7 V 12 C 1100 V 315 O 2 V 944 O 285 O 102 V 59 N 22521 O 1 O 54 V 375 T 1390 O 228 C 425 V 157 O 152 O 70 V 262 O 16 V 30

Week Last

12-month

High

Low

0.00 0.00 0.04 0.06 0.18 0.58 0.45 0.86 0.21 0.11 0.15 0.92 1.17 0.19 0.25 0.05 0.49 0.37 0.60 0.80 0.37 0.49 0.14 0.19 0.25 0.34 0.00 0.00 0.08 0.06 0.00 0.00 0.18 0.06 0.09 0.14 0.43 0.26 0.08 0.11 0.14 0.05 0.06 0.28 0.21 0.13 0.17 0.13 0.20 0.07 0.07 0.04 0.09 0.09 0.18 0.24 15.08 0.45 0.21 0.30 0.39 0.29 0.13 0.12 0.10 0.04 0.08 0.13 0.17

0.00 0.00 unch 0.00 0.00 + 0.04 0.04 + 0.00 0.05 0.15 0.16 0.55 0.58 + 0.40 0.42 0.00 0.83 unch 0.12 0.15 + 0.11 0.11 unch 0.13 0.14 0.74 0.80 0.99 1.08 0.15 0.15 0.20 0.20 0.04 0.05 unch 0.45 0.46 0.33 0.33 0.50 0.53 0.68 0.70 0.32 0.34 + 0.43 0.46 + 0.12 0.12 + 0.15 0.17 + 0.20 0.24 + 0.28 0.31 + 0.00 12.35 unch 0.00 0.00 unch 0.07 0.07 0.05 0.05 0.00 0.03 unch 0.00 0.00 unch 0.17 0.17 + 0.05 0.05 0.09 0.09 unch 0.13 0.14 + 0.40 0.40 0.23 0.24 + 0.00 0.08 unch 0.11 0.11 0.00 0.12 0.03 0.04 + 0.00 0.05 0.26 0.28 + 0.19 0.20 + 0.11 0.12 + 0.15 0.15 0.00 0.13 + 0.00 0.17 + 0.05 0.06 + 0.04 0.07 + 0.04 0.04 unch 0.07 0.09 + 0.05 0.09 + 0.14 0.14 0.21 0.21 12.30 13.28 0.45 0.45 unch 0.19 0.20 + 0.23 0.28 + 0.32 0.33 + 0.24 0.25 + 0.10 0.10 0.11 0.12 0.08 0.09 0.04 0.04 + 0.07 0.08 + 0.07 0.11 + 0.16 0.16 -

Change 0.00 0.00 0.00 0.01 0.02 0.01 0.02 0.00 0.04 0.00 0.01 0.06 0.07 0.02 0.02 0.00 0.02 0.01 0.06 0.06 0.02 0.04 0.01 0.02 0.01 0.01 0.00 0.00 0.01 0.01 0.00 0.00 0.01 0.01 0.00 0.01 0.03 0.01 0.00 0.01 0.03 0.01 0.01 0.02 0.03 0.00 0.01 0.02 0.02 0.01 0.02 0.00 0.02 0.03 0.03 0.02 0.82 0.00 0.02 0.04 0.02 0.01 0.04 0.01 0.01 0.00 0.01 0.09 0.01

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

503 119 275 402 180 15 101 582 106 695 50 120 459 2 5316 23 22 497 478 36 559 187 14 524 1109 95 956 156 63 144 0 21 15 226 16005 49282 469 777 0 1650 729 123 601 541 1 1727 19 33 107 1597 11 57992 942 50 201 380 1521 13 249 220 3802 2434 2227 407 4669 1 132 358 603 274 511 105 48 312 540 16 470 751 261 37 1 317 0 170 494 595 297 25 15 59 1115 107 98 436 557 31 518 3 0

0.01 29.72 0.22 0.17 0.07 0.08 14.62 0.01 0.25 0.64 0.13 0.29 0.38 0.07 0.25 0.07 0.09 0.11 0.15 0.04 0.05 0.05 0.10 0.05 0.07 0.04 0.06 0.05 0.04 0.04 0.02 0.01 0.04 0.04 2.07 1.53 0.00 0.24 0.00 0.04 0.06 1.95 4.25 5.53 0.28 0.38 0.03 0.02 0.02 0.07 0.04 59.88 80.72 0.32 0.00 0.12 0.16 7.73 5.85 0.04 2.09 1.59 0.05 0.05 0.06 0.27 0.43 0.06 0.04 0.02 0.11 0.09 1.32 1.77 0.44 0.18 0.80 0.62 0.05 0.03 0.08 0.01 0.00 0.05 0.06 0.65 0.12 0.08 0.01 0.14 0.19 0.03 0.04 0.07 1.55 1.15 0.02 0.01 0.00

0.00 23.70 0.16 0.11 0.07 0.08 13.05 0.00 0.25 0.51 0.13 0.25 0.35 0.07 0.18 0.05 0.00 0.10 0.14 0.00 0.04 0.05 0.08 0.04 0.06 0.04 0.05 0.00 0.04 0.03 0.02 0.01 0.04 0.00 1.57 1.16 0.00 0.20 0.00 0.04 0.05 1.77 3.80 5.17 0.00 0.32 0.03 0.02 0.02 0.05 0.00 53.50 71.70 0.31 0.00 0.11 0.15 6.82 5.00 0.04 1.73 1.27 0.04 0.04 0.05 0.27 0.37 0.05 0.03 0.01 0.09 0.07 1.19 1.61 0.30 0.00 0.71 0.51 0.04 0.02 0.08 0.01 0.00 0.04 0.06 0.05 0.09 0.08 0.00 0.11 0.14 0.03 0.03 0.05 1.11 0.87 0.01 0.01 0.00

0.00 24.58 0.17 0.12 0.07 0.08 13.11 0.01 0.25 0.53 0.13 0.25 0.36 0.07 0.20 0.05 0.09 0.10 0.14 0.03 0.05 0.05 0.08 0.04 0.06 0.04 0.06 0.04 0.04 0.03 0.02 0.01 0.04 0.04 1.71 1.27 0.00 0.23 0.00 0.04 0.06 1.80 3.80 5.18 0.27 0.37 0.03 0.02 0.02 0.06 0.04 55.45 75.37 0.31 0.00 0.12 0.16 7.03 5.34 0.04 1.77 1.31 0.04 0.04 0.05 0.27 0.41 0.05 0.04 0.02 0.11 0.08 1.21 1.65 0.39 0.17 0.71 0.52 0.04 0.02 0.08 0.01 0.00 0.05 0.06 0.58 0.10 0.08 0.00 0.12 0.17 0.03 0.04 0.07 1.54 1.10 0.01 0.01 0.05

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

0.00 2.46 0.04 0.04 0.01 0.00 0.69 0.00 0.00 0.05 0.00 0.03 0.01 0.00 0.01 0.02 0.00 0.01 0.00 0.00 0.01 0.01 0.03 0.01 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.13 0.08 0.00 0.03 0.00 0.00 0.01 0.00 0.23 0.22 0.16 0.02 0.00 0.00 0.01 0.02 0.02 0.69 1.96 0.00 0.00 0.01 0.01 0.71 0.51 0.00 0.29 0.23 0.00 0.01 0.01 0.01 0.05 0.00 0.00 0.00 0.02 0.02 0.09 0.08 0.10 0.01 0.10 0.08 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.03 0.02 0.01 0.00 0.02 0.03 0.00 0.00 0.02 0.45 0.26 0.01 0.00 0.00

Week

High Low

Stock

High

Low

0.00 0.03 0.20 0.27 0.50 0.91 0.68 1.04 0.35 0.15 0.22 1.29 1.70 0.19 0.26 0.07 0.55 0.43 0.73 0.99 0.37 0.49 0.15 0.21 0.43 0.53 12.35 0.00 0.24 0.18 0.05 0.00 0.18 0.15 0.13 0.17 0.75 0.35 0.17 0.36 0.60 0.06 0.08 0.31 0.22 0.14 0.18 0.16 0.23 0.12 0.20 0.17 0.09 0.09 0.50 0.65 25.71 0.57 0.21 0.30 1.49 0.86 0.18 0.21 0.14 0.11 0.18 0.21 0.40

North Am Nickl North Arrow Mn* North Arrow Mn North Bay Res * Northcliff Res Northern Light Northern Uran Northisle C&G Northisle C&G * Northstar Gold Northstar Gold* Northway Res Norvista Cap NorZinc NorZinc* Nouveau Monde Nouveau Monde* NovaGold Res NovaGold Res* Novo Res* Novo Res NQ Minerals Pl* NRG Metals* NRG Metals Nrthn Graphite Nrthn Graphite* 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 NxGold Ltd* NxGold Ltd O.T. Mining* O3 Mining* O3 Mining OceanaGold OceanaGold* Oceanic Iron O Oceanic Iron O* Oceanus Res Oceanus Res* Odyssey Res Olivut Res Olivut Res* Omineca Mining Omineca Mining* One World Lith One World Lith* Opawica Expl Optimum Vent Opus One Res Orbite Tech* Orca Gold Orca Gold* Ord Mountain Orefinders Res Orestone Mng Orex Mnrls* Orex Mnrls Orezone Gold Orezone Gold* Orford Mining OrganiMax* OrganiMax Origen Res Origin Gold Original Sixtn* Orla Mng Ltd* Orla Mng Ltd Oroco Res Oroco Res* Orocobre Orosur Mng Orsu Metals Orsu Metals* Orvana Mnrls Orvana Mnrls* Osino Res Osisko Gold* Osisko Gold Osisko Metals* Osisko Metals Osisko Mng Inc Osprey Gold Otso Gold Otso Gold* Outcrop Gold Outcrop Gold* OZ Minerals*

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

203 31 299 11703 2310 731 13 116 2 435 33 70 133 309 279 580 120 5039 22481 953 1092 708 47 21 85 586 52 18 1808 17 250 73 298 0 1064 7836 27600 24 342 1049 36 2225 848 7436 8129 197 667 14 201 10 106 484 11733 4 399 60 380 112 10 238 167 1064 615 382 48 183 45 86 25 370 98 57 433 131 72 105 2940 375 726 9 387 106 444 11 60 1105 387 231 256 210 158 107 88 21 910 4535 2461 60 358 6543 7133 2436 109 4328 1264 5

0.09 0.06 0.08 0.00 0.05 0.04 0.01 0.06 0.03 0.44 0.29 0.09 0.11 0.07 0.05 0.22 0.17 12.43 9.22 2.55 3.44 0.11 0.31 0.41 0.20 0.18 0.29 0.05 0.08 0.25 0.35 0.22 0.30 0.00 0.10 1.93 1.48 0.01 0.20 0.01 0.01 0.09 0.07 39.20 52.47 0.14 0.18 0.23 0.35 0.06 1.80 2.42 3.10 2.24 0.13 0.09 0.17 0.12 0.03 0.05 0.04 0.33 0.24 0.10 0.08 0.11 0.29 0.04 0.00 0.42 0.31 0.20 0.16 0.13 0.07 0.10 0.73 0.56 0.09 0.04 0.08 0.16 0.10 0.25 2.58 3.46 0.37 0.28 2.60 0.06 0.30 0.21 0.17 0.13 1.07 9.69 13.04 0.38 0.52 3.54 0.07 0.08 0.06 0.40 0.31 7.00

0.00 0.05 0.06 0.00 0.04 0.03 0.01 0.00 0.00 0.35 0.27 0.09 0.10 0.06 0.04 0.21 0.15 10.55 7.89 2.32 3.11 0.00 0.26 0.00 0.16 0.11 0.22 0.00 0.07 0.23 0.31 0.19 0.27 0.00 0.07 1.61 1.20 0.01 0.15 0.01 0.00 0.08 0.06 35.37 48.10 0.11 0.15 0.21 0.26 0.03 1.63 2.19 2.67 2.01 0.11 0.09 0.15 0.11 0.03 0.03 0.02 0.24 0.18 0.07 0.05 0.10 0.27 0.04 0.00 0.38 0.28 0.15 0.13 0.12 0.06 0.09 0.64 0.48 0.06 0.00 0.00 0.14 0.09 0.21 2.32 3.10 0.33 0.24 2.22 0.05 0.24 0.18 0.16 0.12 0.97 8.80 12.00 0.38 0.47 3.08 0.05 0.07 0.04 0.30 0.22 0.00

Pac Bay Mnrls Pac Booker Min* Pac Booker Min Pac Imperial Pac Ridge Expl Pac Ridge Expl* Pac Wildcat* Pacific Empire Pacific Rim Pacific Rim* Pacific Silk Pacton Gold Paladin Energy* Palamina Corp Palamina Corp* Palayan Res* Paleo Resource Paleo Resource* Palladium One Palladium One* Pan Am Silver* Pan Am Silver Pan Global Res Pancontinental* Pancontinental Panex Res* Pangolin Dia Panoro Mnrls Panoro Mnrls* Pantheon Vent Para Resources Parallel Mng Parallel Mng * Paramount Gold* Paringa Res* Parlane Res Pasinex Res Pasofino Gold Patriot Gold* Peabody Enrgy* Pelangio Expl* Pelangio Expl Peloton Mnrls* Peloton Mnrls PepinNini Lith* Perseus Mng Pershimex Res Pershing Res* Peruvian Metal* Peruvian Metal Philex Mng* Philippine Mtl* Philippine Mtl Phoenix Global* Phoenix Gold Pike Mountain Pine Cliff En* Pine Cliff En Pinecrest Res * Pinecrest Res Pistol Bay Mng* Pistol Bay Mng

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

5 5 11 50 16 4 0 448 1585 161 64 3200 1943 61 77 174 132 1092 2076 193 17778 4169 145 29 212 531 87 550 487 176 198 446 25 904 148 197 158 664 61 17260 23 65 38 34 1446 724 396 890 87 592 3 4 135 2 287 130 45 1114 3 11472 40 2940

0.07 1.80 2.41 0.02 0.05 0.03 0.00 0.07 0.17 0.13 0.03 0.89 0.09 0.16 0.11 1.42 0.02 0.02 0.09 0.07 28.72 38.76 0.19 0.05 0.07 0.00 0.03 0.12 0.09 0.09 0.25 0.15 0.10 1.28 0.03 0.06 0.04 0.26 0.05 5.22 0.14 0.19 0.06 0.08 0.00 1.14 0.08 0.01 0.03 0.05 0.08 0.04 0.07 0.30 0.05 0.18 0.11 0.17 0.30 0.45 0.01 0.03

0.00 0.00 0.02 0.04 0.08 0.24 0.16 0.46 0.10 0.04 0.03 0.38 0.61 0.06 0.07 0.02 0.22 0.16 0.14 0.20 0.08 0.11 0.07 0.05 0.07 0.10 8.77 0.00 0.07 0.05 0.02 0.00 0.05 0.01 0.03 0.05 0.29 0.02 0.05 0.06 0.08 0.01 0.02 0.11 0.07 0.04 0.06 0.08 0.12 0.02 0.01 0.02 0.04 0.02 0.06 0.08 6.50 0.40 0.09 0.14 0.25 0.17 0.06 0.09 0.00 0.04 0.04 0.00 0.10

N-O NA Frac Sand* NACCO Ind* Namibia Crit Namibia Crit* Napier Vent Napier Vent* Natural Res Pt* Nautilus Mnrls* Navy Res Neo Lithium Neometals* Network Expl* Network Expl Nevada Canyon* Nevada Copper Nevada Energy* Nevada Energy 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 Dimen Res New Dimen Res* New Egy Min* New Energy Met* New Energy Met New Gold New Gold* New Guinea Gld* New Jersey Mng* New Klondike* New Milln Iron* New Milln Iron New Oroperu New Pac Metals* New Pac Metals New Placer* New Placer New Stratus New Tech Min* New Tech Min 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 Nicola Mg Inc Nicola Mg Inc* Nighthawk Gold* Nighthawk Gold Niobay Metals Niocan Inc Niocorp Dev Niocorp Dev* Nippon Dragon Nippon Dragon* NKWE Platinum* Noble Metal Noble Metal * Noble Mineral* Noble Mineral Noka Res* Noram Vent Noram Vent* Noranda Alum* Noront Res* Noront Res Norra Metals Norse Gold Norseman Cap Norsemont Cap Norsemont Cap* Nortec Mnls Nortec Mnls* North Am Nickl*

(100s)

0.03 66.40 0.31 0.24 0.30 0.28 38.25 0.04 0.25 0.92 0.20 0.40 0.53 0.25 0.38 0.11 0.16 0.30 0.39 0.06 0.08 0.12 0.17 0.11 0.15 0.11 0.15 0.16 0.04 0.06 0.04 0.01 0.26 0.32 2.07 1.56 0.13 0.24 0.00 0.07 0.10 1.95 5.60 7.17 0.42 0.54 0.25 0.03 0.05 0.10 0.08 69.13 96.45 0.45 0.04 0.15 0.20 14.33 10.98 0.07 2.31 1.78 0.10 0.09 0.12 0.32 0.66 0.15 0.10 0.04 0.14 0.11 2.01 3.65 0.53 0.28 0.94 0.72 0.05 0.04 0.08 0.01 0.01 0.10 0.14 1.97 0.21 0.14 0.02 0.20 0.28 0.05 0.05 0.13 1.55 1.15 0.05 0.02 0.29

0.00 22.26 0.08 0.06 0.04 0.05 8.50 0.00 0.10 0.38 0.08 0.06 0.08 0.03 0.13 0.02 0.04 0.08 0.12 0.01 0.01 0.03 0.07 0.02 0.03 0.02 0.03 0.02 0.03 0.02 0.02 0.01 0.00 0.02 0.55 0.39 0.00 0.12 0.00 0.03 0.04 0.27 1.53 1.91 0.19 0.19 0.03 0.01 0.01 0.03 0.03 33.00 44.00 0.25 0.00 0.05 0.07 3.94 2.57 0.03 0.76 0.50 0.02 0.01 0.03 0.16 0.24 0.02 0.02 0.01 0.04 0.04 0.26 0.97 0.15 0.10 0.50 0.36 0.01 0.01 0.08 0.01 0.00 0.02 0.03 0.26 0.05 0.04 0.00 0.08 0.12 0.02 0.02 0.04 0.25 0.20 0.01 0.00 0.02

Exc Volume

(100s) Stock

Last

12-month Change

High Low

0.08 0.05 + 0.06 0.00 unch 0.04 0.04 + 0.01 unch 0.05 unch 0.03 0.40 + 0.27 0.09 unch 0.11 + 0.06 0.05 0.21 unch 0.16 11.42 8.43 2.44 + 3.24 + 0.11 + 0.26 0.35 0.17 0.12 0.22 unch 0.04 + 0.08 + 0.25 + 0.34 + 0.20 0.27 0.19 unch 0.10 unch 1.80 + 1.34 + 0.01 unch 0.19 0.01 unch 0.01 unch 0.09 0.06 36.23 49.27 0.11 0.15 0.21 0.27 0.06 + 1.67 2.23 unch 2.89 + 2.10 + 0.11 0.09 0.16 + 0.12 + 0.03 unch 0.05 + 0.04 + 0.32 + 0.24 + 0.10 + 0.07 + 0.11 unch 0.29 + 0.04 unch 0.00 unch 0.38 0.29 0.19 + 0.13 0.13 + 0.07 + 0.10 + 0.68 0.49 0.08 + 0.04 + 0.06 + 0.16 unch 0.10 + 0.21 2.46 + 3.32 + 0.34 unch 0.25 2.26 0.06 unch 0.24 0.18 + 0.17 0.13 + 1.00 + 8.95 12.15 0.38 + 0.47 3.16 0.07 + 0.07 unch 0.05 0.34 0.24 6.95 +

0.01 0.01 0.01 0.00 0.01 0.01 0.00 0.00 0.00 0.02 0.10 0.00 0.01 0.01 0.01 0.00 0.00 0.74 0.62 0.07 0.11 0.01 0.02 0.01 0.01 0.01 0.00 0.02 0.01 0.03 0.03 0.01 0.01 0.00 0.00 0.11 0.10 0.00 0.01 0.00 0.00 0.01 0.01 2.00 2.11 0.01 0.02 0.03 0.02 0.02 0.00 0.00 0.22 0.05 0.01 0.00 0.01 0.01 0.00 0.02 0.01 0.09 0.06 0.03 0.02 0.00 0.02 0.00 0.00 0.02 0.01 0.04 0.01 0.01 0.01 0.02 0.02 0.04 0.03 0.01 0.01 0.00 0.01 0.01 0.07 0.12 0.00 0.01 0.30 0.00 0.04 0.05 0.01 0.01 0.02 0.43 0.42 0.00 0.03 0.28 0.02 0.00 0.01 0.05 0.04 0.70

0.35 0.06 0.09 0.00 0.08 0.07 0.01 0.08 0.06 0.55 0.38 0.14 0.16 0.12 0.09 0.27 0.21 18.00 12.85 3.07 3.96 0.11 0.36 1.59 0.28 0.20 0.34 0.25 0.11 0.30 0.42 0.27 0.35 0.20 0.18 2.07 1.50 0.20 0.22 0.02 0.01 0.12 0.10 55.34 73.00 0.22 0.29 0.24 0.70 0.08 2.29 4.00 4.17 3.13 0.17 0.12 0.20 0.12 0.05 0.14 0.12 0.33 0.23 0.28 0.22 0.11 0.30 0.06 0.16 0.43 0.32 0.20 0.18 0.17 0.11 0.14 0.88 0.67 0.15 0.14 0.21 0.27 0.15 0.25 2.92 4.06 0.55 0.56 3.52 0.13 0.40 0.30 0.41 0.30 1.20 13.43 17.47 0.54 0.70 4.24 0.12 0.11 0.08 0.42 0.31 7.99

0.06 0.02 0.03 0.00 0.04 0.02 0.01 0.01 0.01 0.19 0.22 0.05 0.04 0.02 0.01 0.13 0.09 5.65 4.44 1.00 1.41 0.09 0.04 0.24 0.06 0.04 0.10 0.02 0.05 0.05 0.07 0.11 0.15 0.06 0.03 0.50 0.35 0.00 0.07 0.01 0.00 0.03 0.02 23.85 34.80 0.05 0.07 0.02 0.10 0.02 0.64 1.06 1.16 0.81 0.04 0.04 0.04 0.03 0.02 0.03 0.02 0.05 0.03 0.03 0.02 0.05 0.15 0.01 0.00 0.20 0.15 0.06 0.04 0.03 0.03 0.04 0.22 0.14 0.02 0.03 0.04 0.14 0.05 0.00 0.75 1.00 0.20 0.05 1.60 0.03 0.10 0.09 0.11 0.09 0.33 4.65 6.35 0.17 0.24 1.67 0.02 0.02 0.02 0.08 0.06 3.48

0.07 0.07 unch 0.00 1.78 + 2.33 2.40 0.02 0.02 unch 0.00 0.05 unch 0.00 0.03 unch 0.00 0.00 unch 0.06 0.07 + 0.14 0.15 0.11 0.11 0.02 0.02 + 0.08 0.74 0.07 0.08 + 0.12 0.16 + 0.08 0.11 + 1.03 1.32 + 0.01 0.01 unch 0.00 0.01 0.08 0.08 unch 0.06 0.07 25.26 26.14 34.45 35.54 0.18 0.19 0.04 0.05 + 0.06 0.07 + 0.00 0.00 unch 0.03 0.03 + 0.09 0.10 unch 0.07 0.07 + 0.08 0.08 + 0.22 0.23 0.14 0.14 unch 0.10 0.10 unch 1.05 1.09 0.00 0.00 + 0.05 0.05 unch 0.03 0.04 + 0.22 0.22 0.00 0.04 3.36 3.49 0.13 0.13 + 0.16 0.18 0.05 0.05 + 0.08 0.08 unch 0.00 0.00 1.00 1.09 + 0.07 0.08 unch 0.01 0.01 0.02 0.03 unch 0.04 0.04 0.08 0.08 unch 0.04 0.04 unch 0.06 0.06 0.00 0.30 unch 0.02 0.04 0.18 0.18 + 0.00 0.10 0.14 0.14 0.00 0.27 0.39 0.41 + 0.00 0.01 + 0.02 0.02 +

0.00 0.03 0.01 0.00 0.00 0.00 0.00 0.01 0.01 0.01 0.01 0.06 0.00 0.03 0.01 0.19 0.00 0.00 0.00 0.00 0.58 0.41 0.01 0.01 0.01 0.00 0.01 0.00 0.01 0.01 0.02 0.00 0.00 0.07 0.00 0.00 0.02 0.03 0.01 0.83 0.00 0.02 0.01 0.00 0.00 0.01 0.00 0.00 0.00 0.01 0.00 0.00 0.01 0.00 0.01 0.01 0.01 0.02 0.01 0.02 0.00 0.01

0.15 2.40 3.33 0.03 0.06 0.05 0.01 0.07 0.33 0.36 0.04 2.60 0.12 0.32 0.25 1.50 0.07 0.05 0.24 0.20 30.59 41.40 0.25 0.05 0.07 0.01 0.10 0.16 0.13 0.09 1.90 0.53 0.13 1.38 0.19 0.20 0.05 0.29 0.07 24.56 0.16 0.23 0.11 0.13 0.00 1.23 0.08 0.06 0.04 0.05 0.10 0.04 0.09 0.32 0.05 0.20 0.15 0.19 0.30 0.45 0.05 0.06

0.05 0.84 1.12 0.01 0.03 0.02 0.00 0.02 0.11 0.08 0.01 0.35 0.03 0.09 0.06 0.25 0.01 0.00 0.05 0.03 10.61 14.22 0.06 0.01 0.02 0.00 0.02 0.07 0.04 0.01 0.10 0.10 0.09 0.47 0.00 0.02 0.01 0.04 0.02 2.51 0.08 0.11 0.03 0.04 0.00 0.44 0.02 0.00 0.01 0.03 0.00 0.00 0.02 0.06 0.02 0.02 0.04 0.05 0.09 0.14 0.00 0.01

P-Q

Exc Volume

Pivit Explor C 627 PJSC Polyus Gd* O 2 PJX Res V 282 Plata Latina V 213 Plate Res V 8 Plateau Energy V 266 Plateau Energy* O 137 Platinex Inc* O 1000 Platinex Inc C 2620 Platinum Gp Mt T 262 Platinum Gp Mt* X 1987 Plato Gold V 800 Playfair Mng V 753 Playfair Mng* O 10 PolyMet Mng* X 148845 PolyMet Mng T 1152 Portage Res* O 1077 Portofino Res V 522 Potash Ridge* O 1466 Potash Ridge T 1566 Power Group* O 0 Power Group V 152 Power Metals* O 2746 Power Metals V 1834 PowerOre V 948 Precipitate Gl V 631 Precipitate Gl* O 598 Premier Gold M T 3992 Premium Expl* O 8 Pretium Res* N 8257 Pretium Res T 3580 Primary Energy C 8409 Prime Meridian V 152 Prime Mining* O 45 Prime Mining V 1028 Prism Res V 250 ProAm Expl V 394 Probe Metals* O 314 Probe Metals V 936 Prog Planet V 134 Prog Planet* O 4 Project One C 22 Promithian Gl * O 4 Prophecy Pot C 30 Prosper Gold V 417 Prospero Silvr V 1196 Prospero Silvr* O 56 Provenance Gld C 26 Providence V 1161 Providence Gld* O 429 PUF Vent Inc * O 5018 Puma Expl V 162 Pure Alumina* O 123 Pure Energy* O 887 Pure Energy V 459 Pure Gold Mg* O 3416 Pure Gold Mg V 5524 Purepoint Uran V 1466 Q-Gold Res V 76 QC Precious V 172 QC Precious * O 31 QMC Quantum Ml V 463 QMC Quantum Ml* O 520 QMX Gold V 1509 QMX Gold* O 58 Quadro Res V 1500 Quantum Cobalt C 15 Quartz Mtn Res* O 22 Quartz Mtn Res V 162 Quaterra Res V 501 Quaterra Res* O 631 Quest Rare Mnl* O 168 Quinto Res V 1026

Week Last

12-month

High

Low

Change

0.33 82.00 0.10 0.04 0.05 0.27 0.21 0.02 0.03 2.56 1.91 0.04 0.06 0.03 0.97 1.30 0.00 0.07 0.02 0.03 0.00 0.05 0.38 0.49 0.07 0.17 0.14 2.09 0.00 9.07 12.24 0.43 0.07 0.80 1.10 0.03 0.15 0.95 1.28 0.07 0.03 0.22 9.50 0.09 0.05 0.04 0.03 0.12 0.13 0.13 0.06 0.06 0.01 0.04 0.06 1.10 1.48 0.04 0.20 0.32 0.22 0.11 0.09 0.15 0.12 0.17 0.04 0.18 0.23 0.09 0.07 0.03 0.08

0.29 0.30 + 0.00 82.00 0.10 0.10 + 0.03 0.04 unch 0.05 0.05 unch 0.00 0.22 0.16 0.16 0.02 0.02 + 0.02 0.03 + 2.05 2.22 + 1.51 1.66 + 0.00 0.04 0.05 0.06 + 0.03 0.03 + 0.25 0.32 + 0.32 0.45 + 0.00 0.00 + 0.06 0.06 + 0.02 0.02 + 0.03 0.03 unch 0.00 0.02 unch 0.04 0.04 + 0.30 0.31 0.41 0.42 0.06 0.07 + 0.16 0.16 unch 0.11 0.11 1.92 1.92 0.00 0.00 8.10 8.19 11.02 11.11 0.36 0.40 unch 0.06 0.07 + 0.65 0.72 + 0.88 0.97 + 0.03 0.03 + 0.10 0.14 + 0.82 0.86 + 1.08 1.16 + 0.05 0.07 + 0.03 0.03 unch 0.20 0.20 6.80 9.49 + 0.09 0.09 unch 0.04 0.04 0.02 0.03 0.02 0.03 unch 0.11 0.12 + 0.08 0.09 + 0.06 0.08 + 0.04 0.05 0.06 0.06 unch 0.01 0.01 + 0.03 0.04 + 0.05 0.05 + 0.95 1.01 1.27 1.37 0.03 0.04 + 0.00 0.20 unch 0.27 0.28 0.20 0.21 0.09 0.10 + 0.06 0.07 + 0.14 0.14 0.00 0.11 0.16 0.16 0.03 0.03 0.00 0.17 0.17 0.19 0.07 0.09 + 0.04 0.06 + 0.02 0.02 0.06 0.07 -

High Low

0.01 0.50 0.01 0.00 0.00 0.04 0.02 0.00 0.01 0.11 0.08 0.01 0.01 0.00 0.07 0.10 0.00 0.01 0.00 0.00 0.00 0.01 0.04 0.05 0.01 0.00 0.01 0.06 0.00 0.19 0.14 0.00 0.02 0.08 0.11 0.02 0.02 0.04 0.04 0.01 0.00 0.02 0.48 0.00 0.01 0.01 0.00 0.02 0.01 0.02 0.00 0.00 0.00 0.01 0.01 0.02 0.02 0.01 0.00 0.02 0.02 0.01 0.01 0.01 0.00 0.01 0.01 0.00 0.04 0.02 0.01 0.00 0.02

0.64 94.50 0.20 0.06 0.16 0.74 0.65 0.02 0.04 3.86 2.98 0.05 0.07 0.05 0.97 1.30 0.00 0.08 0.06 0.07 0.09 0.12 0.40 0.54 0.14 0.28 0.22 2.55 0.00 13.83 18.30 0.82 0.16 0.80 1.10 0.05 0.15 1.16 1.53 0.14 0.04 0.25 9.49 0.19 0.12 0.11 0.08 0.20 0.18 0.13 0.38 0.35 0.30 0.07 0.09 1.10 1.48 0.08 0.28 0.40 0.30 0.22 0.17 0.17 0.13 0.20 0.06 0.18 0.24 0.09 0.07 0.06 0.09

0.06 43.41 0.01 0.01 0.02 0.16 0.08 0.01 0.01 1.25 0.86 0.02 0.02 0.01 0.15 0.25 0.00 0.02 0.01 0.02 0.02 0.03 0.03 0.04 0.03 0.05 0.04 0.85 0.00 4.05 6.25 0.17 0.04 0.14 0.25 0.01 0.05 0.37 0.54 0.02 0.01 0.12 0.02 0.01 0.03 0.01 0.01 0.08 0.06 0.02 0.02 0.04 0.01 0.02 0.03 0.27 0.38 0.03 0.14 0.14 0.10 0.06 0.03 0.04 0.03 0.02 0.01 0.04 0.05 0.02 0.02 0.00 0.02

0.00 0.00 0.04 0.01 0.00 0.00 0.03 0.10 0.01 0.03 0.00 0.15 0.02 0.00 0.00 0.00 0.00 0.00 0.00 0.03 0.00 0.02 0.04 0.04 0.00 0.01 0.01 0.01 0.00 0.02 0.02 0.03 0.00 0.01 0.00 0.00 0.10 0.00 0.01 0.00 0.95 1.60 2.09 0.00 0.00 0.04 0.02 0.01 0.00 0.02 0.01 0.04 0.02 0.01 0.01 0.00 0.00 0.04 0.01 0.00 0.03 0.00 0.01 0.00 0.01 0.00 0.09 0.03 0.06 0.00 0.00 0.02 0.02 0.00 0.04 0.00 0.00 0.05 0.06 0.05 0.00 2.17 0.00 0.02 0.00 0.00 0.00 0.00 0.00 0.04 0.03 0.01 0.00 0.00 0.24 0.39 0.00 0.00

0.18 0.10 0.27 0.35 0.90 0.15 0.21 7.60 0.25 0.09 0.03 1.25 0.11 0.03 0.24 0.28 0.07 0.04 0.04 4.61 1.78 0.17 0.33 0.43 0.04 0.06 0.16 0.34 0.25 0.20 0.83 1.11 0.21 0.07 0.03 0.30 0.25 0.00 0.06 0.05 64.02 62.00 74.50 0.52 0.70 0.95 0.83 0.25 0.18 0.24 0.32 0.73 0.55 0.36 0.08 0.06 0.64 0.85 0.12 0.05 0.19 0.23 0.06 0.06 0.10 0.13 0.91 0.21 0.34 0.07 0.05 0.34 0.46 0.00 0.18 0.05 0.40 1.45 1.07 0.60 0.43 139.63 0.01 0.35 1.00 0.07 0.04 0.08 0.17 1.40 1.87 0.23 0.02 0.02 1.60 2.19 0.06 0.09

0.08 0.00 0.09 0.11 0.00 0.04 0.07 0.22 0.04 0.04 0.00 0.20 0.05 0.00 0.03 0.04 0.02 0.02 0.01 1.80 0.47 0.07 0.10 0.14 0.02 0.03 0.05 0.05 0.04 0.05 0.24 0.33 0.04 0.02 0.02 0.18 0.13 0.00 0.01 0.02 35.35 34.85 41.50 0.11 0.14 0.30 0.31 0.10 0.06 0.06 0.08 0.20 0.14 0.06 0.03 0.02 0.35 0.37 0.04 0.01 0.06 0.07 0.01 0.02 0.03 0.02 0.42 0.03 0.03 0.02 0.01 0.05 0.10 0.00 0.06 0.03 0.00 0.56 0.05 0.12 0.11 59.78 0.00 0.13 0.02 0.02 0.01 0.05 0.04 0.37 0.54 0.05 0.01 0.01 0.43 0.53 0.03 0.04

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 Red Eagle Mng* Red Moon Res Red Oak Mining Red Pine Expl Redstar Gold Redstar Gold* Regis Res NL* Regulus Res Remington Res Renaissance Gd* Renaissance Gd Renforth Res* Renforth Res Resolve Vent Reunion Gold Reunion Gold* Revelo Res Revival Gold * Revival Gold Rhyolite Res Richmond Mnls Richmond Mnls* Ridgestone M’g Ridgestone M’g* 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 RNC Minerals RNC Minerals* Robex Res Rochester Res Rochester Res* Rock Tech Lith* Rock Tech Lith Rockcliff Met Rockex Mng Rockhaven Res Rockridge Res Rockshield Cap* Rodinia Lithm Rogue Res* Rogue Res Rojo Res* Rokmaster Res* Rokmaster Res Romios Gold Rs Romios Gold Rs* RosCan Gold* RosCan Gold Ross River* Roughrider Exp Rover Metals Rover Metals* Roxgold Roxgold* Royal Gold Royal Gold* Royal Gold* Royal Mines &M* Royal Rd Mnrls Royal Std Mnrl* RT Minerals RT Minerals* RTG Mining* RTG Mining Rubicon Mnrls* Rubicon Mnrls Rugby Mng Running Fox Rs* Running Fox Rs Rupert Res* Rupert Res Rusoro Mng* Rusoro Mng

V 63 O 0 V 2795 V 223 O 200 C 58 C 150 O 36 V 42 O 15 O 400 O 1089 V 142 O 945 V 5 V 640 V 845 V 889 O 409 O 4 V 317 V 50 O 751 V 466 O 125 C 121 V 414 V 2892 O 134 V 191 O 357 V 185 V 1375 V 47 O 9 V 242 O 7 O 204799 V 204 O 75 N 13137 O 5 O 1 O 769 V 1105 C 44 O 51 V 282 O 480 O 17 V 104 T 8519 O 4422 V 952 V 229 O 90 O 1 V 7 C 244 C 9 V 550 V 568 O 165 V 42 O 7 V 45 O 354 O 20 V 377 V 157 O 250 O 320 V 2005 O 5 V 122 V 261 O 5 T 3321 O 235 V 27 O 5 D 2675 O 404 V 1291 O 0 V 117 O 1 O 1103 T 138 O 317 T 714 V 50 O 48 V 465 O 28 V 575 O 26 V 383

0.14 0.00 0.27 0.25 0.05 0.06 0.20 3.60 0.13 0.09 0.02 0.95 0.09 0.01 0.06 0.10 0.04 0.04 0.03 3.64 0.93 0.09 0.32 0.42 0.03 0.04 0.08 0.08 0.07 0.11 0.75 1.00 0.17 0.06 0.04 0.21 0.25 0.00 0.05 0.05 58.91 58.30 67.46 0.46 0.58 0.79 0.61 0.19 0.14 0.14 0.18 0.54 0.40 0.33 0.03 0.02 0.41 0.59 0.08 0.02 0.14 0.11 0.03 0.03 0.06 0.07 0.52 0.20 0.27 0.04 0.04 0.30 0.41 0.00 0.18 0.04 0.03 1.37 1.07 0.45 0.32 129.88 0.00 0.28 0.00 0.05 0.04 0.00 0.16 1.32 1.79 0.10 0.01 0.02 1.60 2.19 0.05 0.06

0.00 0.00 0.23 0.23 0.05 0.06 0.17 2.50 0.12 0.09 0.02 0.76 0.07 0.00 0.06 0.09 0.04 0.03 0.02 3.45 0.77 0.00 0.25 0.33 0.03 0.04 0.07 0.07 0.00 0.09 0.66 0.91 0.15 0.05 0.04 0.19 0.14 0.00 0.04 0.03 55.41 0.00 0.00 0.38 0.52 0.65 0.45 0.17 0.12 0.11 0.00 0.48 0.35 0.30 0.03 0.02 0.41 0.54 0.07 0.02 0.10 0.10 0.02 0.03 0.04 0.00 0.38 0.00 0.20 0.00 0.02 0.26 0.34 0.00 0.14 0.00 0.00 1.23 0.91 0.00 0.00 119.74 0.00 0.22 0.00 0.00 0.04 0.00 0.13 1.16 1.56 0.00 0.01 0.02 1.20 1.61 0.04 0.06

0.14 0.08 0.26 0.23 0.05 0.06 0.20 3.25 0.12 0.09 0.02 0.81 0.07 0.00 0.06 0.10 0.04 0.04 0.03 3.59 0.85 0.09 0.26 0.36 0.03 0.04 0.08 0.08 0.06 0.10 0.72 0.97 0.17 0.05 0.04 0.20 0.25 0.00 0.04 0.04 57.50 58.30 65.37 0.42 0.56 0.71 0.55 0.19 0.14 0.13 0.18 0.48 0.36 0.31 0.03 0.02 0.41 0.59 0.07 0.02 0.13 0.11 0.02 0.03 0.04 0.07 0.40 0.16 0.20 0.04 0.03 0.30 0.38 0.00 0.14 0.04 0.03 1.25 0.92 0.43 0.30 120.35 0.00 0.24 0.07 0.05 0.04 0.07 0.13 1.18 1.59 0.10 0.01 0.02 1.58 2.19 0.05 0.06

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

(100s) Stock

Exc Volume

Week High

Low

Last

12-month Change

High Low

S Sabina Gd&Slvr* Sabina Gd&Slvr Sable Res* Sable Res Sage Gold* Sailfish Rylty Salazar Res* Salazar Res Salt Lake Pot* Sama Res Sama Res* San Gold Corp* San Marco Res* San Marco Res Sanatana Res Sanatana Res* Sandfire Res Sandfire Res* Sandspring Res* Sandstorm Gold Sandstorm Gold* Santa Fe Gold* Santacruz Silv Sarama Res Sarissa Res* Satori Res Satori Res* Saturn Mnrls Saville Res Scandium Intl Scandium Intl* Scorpio Gold Scorpio Gold * Scotch Creek Scottie Res Scottie Res* ScoZinc Mg ScoZinc Mg* Seabridge Gld Seabridge Gld* Seafield Res* Search Mnls* Search Mnls Searchlight* SearchlightMin* SearchlightRes Sego Res Select Sands Semafo Sentinel Res Serabi Gold Serabi Gold* Serengeti Res Sherritt Intl Shine Minerals* Shine Minerals 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 Eleph Silver Eleph* Silver Grail Silver Mtn Mns Silver One Silver One* Silver Phoenix Silver Predatr* Silver Predatr Silver Range* Silver Range Silver Sands Silver Scott* Silver Spruce* Silver Spruce Silver Stream* Silver Viper* Silver Viper 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 Sokoman Min Sokoman Min* SolGold plc SolGold plc* Solitario Ex&R Solitario Ex&R* Solstice Gold Sonora Gld & S Sonoro Metals* Sonoro Metals South32* Southern Arc* Southern Arc Southern Copp* Southern Emp Southern Silvr Southern Silvr* SouthGobi Res Southstone Min* Southstone Min Spanish Mtn Gd Spanish Mtn Gd* Sparton Res Sparton Res* Spearmint Res* Spearmint Res Spey Resources Sphinx Res Sprott Res Hld Spruce Ridge R SRG Mining SSR Mining* SSR Mining St Augustine St-Georges Eco St-Georges Eco* Stakeholdr Gld Stakeholdr Gld* Standard Graph* Standard Lith Standard Metal* Standard Uran Stans Energy* Star Diamond* Star Diamond Star Gold* Starcore Intl* Starcore Intl Starr Peak Exp* Starr Peak Exp Steele Oceanic* Stellar Africa* Stellar Africa Stelmine Can Steppe Gold Stevens Gold Stornoway Diam* Straightup Res Stratabd Mnr Strategic Metl Strategic Metl* Strategic Min* Strategic Res Strategic Res* Stria Lithium

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

1929 3113 3 179 0 103 66 363 14 422 24 4858 37 1087 180 12 127 562 165 3042 11913 284 1395 672 379 539 20 916 35 863 90 102 65 5 1445 226 14 99 376 2436 500 6 337 126 624 224 654 834 6449 120 9 100 1041 3816 79 256 9609 1116 983 15 3 275 482 40 36 99 5 67 957 859 215 3181 901 766 206 1679 2107 8 16 6 17 678 123 93 85 260 0 166 480 4469 11392 4856 2657 0 42 13 777 842 164 31 246 1060 658 152 291 446 109 248 8 337 1240 230 178 129 242 5630 1287 0 197 216 1 1 75 4348 65 730 232 131 5 84 1118 1507 401 0 1704 884 210 2302 98 400 285 11018 2538 793 4254 0 620 134 3074 1133 1 49 87 149 1426 29 250 1144 30 270 0 17 195 195 134 110 1578 341 85 556 297 250 0 0 100

1.47 1.91 0.06 0.09 0.00 0.99 0.18 0.24 0.38 0.20 0.15 0.01 0.26 0.35 0.10 0.08 0.29 0.23 2.14 11.68 8.66 0.07 0.16 0.08 0.00 0.08 0.04 0.13 0.03 0.14 0.10 0.09 0.07 0.09 0.30 0.22 0.44 0.32 21.90 16.30 0.00 0.03 0.04 0.06 0.03 0.09 0.05 0.02 4.57 0.15 1.69 1.07 0.18 0.15 0.03 0.04 8.99 0.06 0.06 0.04 0.00 1.31 0.97 1.75 0.04 0.05 0.11 0.15 0.08 0.11 0.32 0.29 0.22 0.19 0.03 0.50 0.38 0.11 0.09 0.11 0.11 0.15 0.23 0.13 0.04 0.05 0.00 0.36 0.45 6.97 5.17 9.47 12.67 0.01 0.07 0.10 0.13 0.17 0.13 0.04 0.03 1.39 1.05 0.32 0.06 0.08 0.12 0.17 0.01 0.02 0.12 0.09 0.39 0.30 0.63 0.49 0.06 0.00 0.11 0.14 1.51 0.33 0.44 39.86 1.00 0.21 0.16 0.09 0.10 0.10 0.11 0.08 0.04 0.00 0.03 0.03 0.05 0.02 0.35 0.06 0.69 20.19 27.24 0.02 0.06 0.00 0.04 0.03 0.17 1.40 0.07 0.25 0.01 0.24 0.32 0.07 0.13 0.18 0.63 0.86 0.00 0.03 0.04 0.05 1.48 0.30 0.00 0.16 0.07 0.53 0.40 0.01 0.00 0.00 0.02

1.25 1.70 0.06 0.08 0.00 0.90 0.17 0.21 0.37 0.18 0.13 0.00 0.19 0.25 0.09 0.07 0.25 0.18 1.77 10.72 8.00 0.05 0.14 0.07 0.00 0.06 0.04 0.11 0.03 0.10 0.08 0.08 0.07 0.09 0.26 0.19 0.00 0.30 20.14 14.77 0.00 0.03 0.00 0.05 0.00 0.07 0.04 0.02 4.19 0.14 1.41 1.04 0.17 0.12 0.00 0.03 7.76 0.05 0.05 0.04 0.00 1.09 0.82 1.30 0.03 0.00 0.00 0.13 0.07 0.09 0.00 0.23 0.17 0.14 0.00 0.43 0.31 0.11 0.05 0.10 0.10 0.13 0.17 0.08 0.03 0.04 0.00 0.29 0.39 6.30 4.63 8.08 11.01 0.01 0.00 0.09 0.11 0.16 0.11 0.04 0.03 1.27 0.95 0.29 0.05 0.07 0.11 0.15 0.01 0.02 0.11 0.08 0.37 0.26 0.40 0.30 0.05 0.00 0.09 0.12 1.51 0.33 0.40 35.91 0.80 0.18 0.13 0.07 0.10 0.00 0.10 0.07 0.03 0.00 0.02 0.03 0.04 0.01 0.30 0.06 0.36 18.00 24.09 0.02 0.04 0.00 0.04 0.02 0.11 1.09 0.00 0.23 0.01 0.18 0.25 0.00 0.07 0.09 0.63 0.80 0.00 0.00 0.00 0.00 1.31 0.27 0.00 0.12 0.07 0.48 0.35 0.01 0.00 0.00 0.02

1.27 1.71 0.06 0.08 0.00 unch + 0.91 + 0.18 0.21 unch 0.37 0.18 + 0.15 + 0.00 0.19 0.27 0.09 unch 0.07 0.26 0.19 + 2.08 + 10.98 8.09 + 0.07 + 0.16 + 0.07 0.00 + 0.08 0.04 unch 0.11 0.03 unch + 0.12 + 0.10 0.09 unch + 0.07 0.09 unch 0.26 unch + 0.20 0.42 0.30 20.49 15.06 0.00 unch 0.03 0.04 0.06 0.02 unch + 0.09 0.04 + 0.02 4.30 0.15 unch + 1.63 1.04 unch 0.17 0.13 unch 0.03 unch + 0.04 7.98 0.06 0.06 0.04 0.05 unch + 1.16 + 0.87 1.58 0.04 0.04 0.09 + 0.14 0.07 + 0.10 0.28 0.25 0.18 + 0.17 + 0.03 0.43 0.32 0.11 unch + 0.08 0.10 0.11 + 0.15 0.17 0.13 + 0.04 0.04 unch 8.00 unch + 0.31 + 0.43 6.40 4.73 8.23 11.23 0.01 unch + 0.07 0.09 0.12 0.16 unch 0.12 + 0.04 0.03 unch + 1.36 + 1.00 0.30 0.05 0.07 0.11 0.15 0.01 unch 0.02 unch + 0.11 0.08 0.39 0.28 + 0.41 0.30 0.06 unch 0.03 unch 0.10 0.14 unch 1.51 unch 0.33 unch 0.40 37.02 + 1.00 0.18 0.13 + 0.07 0.10 unch 0.08 0.10 unch 0.08 0.03 0.01 unch 0.03 0.03 unch 0.05 unch 0.01 0.31 0.06 unch + 0.58 + 18.53 + 25.13 0.02 unch 0.04 0.03 unch 0.04 unch 0.02 0.12 1.25 0.07 unch 0.23 0.01 unch 0.19 0.27 + 0.07 + 0.11 + 0.15 + 0.63 0.85 unch 0.22 unch + 0.03 0.04 + 0.05 1.35 0.27 0.00 unch + 0.16 0.07 0.52 unch 0.38 0.01 unch 0.25 unch 0.14 unch 0.02 unch

0.05 0.04 0.00 0.01 0.00 0.04 0.03 0.00 0.01 0.01 0.02 0.00 0.03 0.05 0.00 0.01 0.01 0.01 0.27 0.03 0.07 0.00 0.02 0.01 0.00 0.01 0.00 0.02 0.00 0.02 0.02 0.00 0.01 0.00 0.00 0.00 0.01 0.01 0.39 0.46 0.00 0.00 0.01 0.00 0.00 0.01 0.01 0.01 0.01 0.00 0.20 0.00 0.01 0.00 0.00 0.01 0.49 0.00 0.01 0.00 0.00 0.04 0.03 0.27 0.00 0.01 0.01 0.01 0.00 0.01 0.01 0.04 0.03 0.02 0.01 0.02 0.02 0.00 0.03 0.01 0.00 0.02 0.01 0.00 0.00 0.00 0.00 0.05 0.04 0.14 0.14 0.54 0.47 0.00 0.07 0.01 0.01 0.00 0.00 0.01 0.00 0.03 0.01 0.02 0.00 0.01 0.01 0.02 0.00 0.00 0.01 0.00 0.01 0.01 0.01 0.01 0.00 0.00 0.01 0.00 0.00 0.00 0.08 1.93 0.15 0.03 0.02 0.01 0.00 0.01 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.01 0.02 0.00 0.23 0.57 1.03 0.00 0.02 0.00 0.00 0.00 0.03 0.16 0.00 0.02 0.00 0.05 0.03 0.02 0.04 0.06 0.00 0.00 0.00 0.00 0.01 0.01 0.12 0.03 0.00 0.04 0.01 0.00 0.00 0.00 0.00 0.00 0.00

1.72 2.28 0.11 0.15 0.00 1.81 0.23 0.27 0.59 0.29 0.22 0.01 0.26 0.38 0.55 0.41 0.40 0.31 2.72 12.52 9.02 0.10 0.20 0.12 0.00 0.08 0.06 0.17 0.06 0.20 0.15 0.13 0.10 0.12 0.30 0.23 0.90 0.59 23.10 16.67 0.00 0.04 0.06 0.10 0.06 0.09 0.07 0.07 5.75 0.17 1.74 1.25 0.36 0.37 0.05 0.08 11.85 0.06 0.10 0.08 0.08 2.50 1.90 2.08 0.07 0.09 0.18 0.25 0.12 0.16 0.32 0.55 0.43 0.22 0.04 0.54 0.40 0.19 0.12 0.17 0.11 0.15 0.24 0.30 0.05 0.07 8.00 2.21 0.45 7.69 5.93 9.69 12.98 0.03 0.14 0.17 0.25 0.26 0.18 0.09 0.05 1.39 1.05 0.40 0.71 0.70 0.27 0.36 0.02 0.03 0.13 0.09 0.64 0.45 0.63 0.49 0.27 0.06 0.15 0.19 2.27 0.37 0.49 44.82 1.00 0.31 0.23 0.20 0.17 0.20 0.14 0.11 0.04 0.03 0.04 0.04 0.06 0.04 1.36 0.09 1.10 22.50 31.29 0.03 0.15 0.10 0.08 0.04 0.38 1.54 0.08 0.30 0.08 0.41 0.53 0.09 0.25 0.18 0.63 0.86 1.00 0.04 0.04 0.16 1.75 0.30 0.03 0.16 0.13 0.57 0.43 0.03 0.70 0.39 0.02

0.51 0.71 0.03 0.04 0.00 0.45 0.08 0.12 0.18 0.12 0.08 0.00 0.06 0.09 0.08 0.03 0.10 0.07 0.58 4.64 3.32 0.03 0.07 0.03 0.00 0.01 0.02 0.07 0.02 0.06 0.03 0.05 0.03 0.06 0.11 0.07 0.28 0.19 7.37 5.25 0.00 0.02 0.03 0.00 0.01 0.02 0.03 0.01 1.57 0.10 0.75 0.62 0.15 0.07 0.01 0.01 3.50 0.00 0.03 0.02 0.02 0.89 0.45 1.30 0.02 0.02 0.05 0.05 0.02 0.03 0.22 0.10 0.06 0.03 0.01 0.14 0.11 0.10 0.05 0.04 0.05 0.07 0.10 0.01 0.01 0.02 8.00 0.00 0.18 2.12 1.50 3.28 4.50 0.00 0.00 0.07 0.08 0.05 0.03 0.03 0.02 0.35 0.26 0.16 0.04 0.05 0.06 0.08 0.00 0.01 0.04 0.04 0.19 0.13 0.22 0.13 0.02 0.03 0.06 0.07 0.89 0.17 0.24 23.43 0.40 0.06 0.05 0.06 0.03 0.04 0.05 0.03 0.02 0.01 0.01 0.01 0.02 0.01 0.19 0.03 0.22 9.00 12.12 0.01 0.03 0.02 0.02 0.01 0.05 0.39 0.02 0.16 0.00 0.14 0.18 0.02 0.00 0.05 0.25 0.25 0.20 0.01 0.02 0.04 0.61 0.25 0.00 0.10 0.02 0.25 0.18 0.00 0.18 0.14 0.01

GLOBAL MINING NEWS

(100s) Stock

Week

Exc Volume

Low

0.05 0.06 + 0.04 0.04 + 0.00 0.08 0.00 0.06 + 0.29 0.30 unch 0.30 0.30 0.00 0.05 unch 0.50 0.54 + 0.11 0.14 + 24.02 24.87 17.62 18.32 0.53 0.54 + 0.71 0.73 + 0.29 0.31 0.11 0.12 0.06 0.06 + 0.08 0.08 unch 0.00 0.10 unch 0.00 0.01 + 0.20 0.24 -

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

1262 506 627 1 75 108 189 91 3389 54535 25555 45 321 258 140 1 119 29 443 188

0.07 0.05 0.10 0.06 0.31 0.32 0.05 0.54 0.15 29.39 21.95 0.56 0.75 0.35 0.16 0.06 0.09 0.11 0.01 0.30

Taiga Gold Taiga Gold* Tajiri Res Taku Gold* Taku Gold Talisker Res* Talisker Res Talmora Diamd Talon Metals Tamino Mnrls* Tanqueray Expl Tantalex Res Tanzanian Gold Tanzanian 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 * Tembo Gold* Tembo Gold Teranga Gold* Teranga Gold Teras Res* Teras Res Terrax Mnrls Terrax Mnrls* Terreno Res Teslin Rvr Res Tesoro Mnrls Tesoro Mnrls* Tethyan Res Teuton Res Teuton Res* Texas Mineral* Themac Res Themac Res* Thor Expl Thunder Mtn Gd* Thunderstruck Thunderstruck* Tiger Intl Till Capital Timberline Res Timberline Res* Tinka Res Tinka Res* Tintina Mines Tisdale Res

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

930 194 199 47 192 282 2742 7 667 2061 2945 51 177 2118 58 96 122 1076 6 221 1509 5419 60 14000 15 23725 470 95 29 1 24 1167 102 3594 48 336 1516 66 220 3020 163 60 1006 811 305 2431 5 4 41 8 379 85 20 0 161 246 1223 1080 36 31

0.19 0.15 0.06 0.05 0.07 0.30 0.42 0.03 0.15 0.00 2.06 0.01 1.10 0.82 0.32 0.09 0.07 0.08 0.05 0.06 0.71 0.54 0.12 16.45 18.73 12.28 0.26 0.19 0.10 0.07 0.03 0.05 8.33 10.92 0.05 0.06 0.31 0.23 0.02 0.14 0.05 0.03 0.23 1.20 0.89 2.22 0.05 0.06 0.19 0.10 0.08 0.05 0.17 1.87 0.10 0.08 0.20 0.15 0.04 0.07

Last

High Low

Stock

0.01 0.00 0.01 0.00 0.00 0.01 0.00 0.03 0.03 3.70 2.90 0.02 0.03 0.02 0.04 0.00 0.00 0.00 0.00 0.01

0.16 0.12 0.15 0.09 0.37 0.35 0.10 0.55 0.62 45.12 34.56 0.84 1.14 0.40 0.35 0.06 0.14 0.95 0.01 0.76

0.02 0.01 0.03 0.01 0.05 0.12 0.03 0.09 0.06 14.02 9.61 0.26 0.33 0.05 0.10 0.03 0.02 0.05 0.00 0.09

0.02 0.02 0.01 0.00 0.01 0.04 0.04 0.01 0.02 0.00 0.23 0.00 0.00 0.03 0.03 0.01 0.01 0.01 0.00 0.00 0.02 0.00 0.00 1.58 1.30 1.27 0.01 0.01 0.01 0.01 0.00 0.00 0.44 0.40 0.00 0.01 0.00 0.02 0.01 0.02 0.00 0.00 0.01 0.30 0.24 0.06 0.03 0.00 0.01 0.00 0.00 0.00 0.00 0.03 0.00 0.01 0.03 0.01 0.00 0.02

0.31 0.22 0.08 0.08 0.10 0.47 0.65 0.05 0.25 0.01 2.06 0.05 1.56 1.20 0.40 0.10 0.08 0.23 0.10 0.12 0.80 0.62 0.20 30.81 31.00 23.30 0.31 0.22 0.40 0.30 0.03 0.06 8.50 11.83 0.05 0.08 0.44 0.34 0.04 0.51 0.07 0.03 0.66 1.20 0.79 2.65 0.08 0.07 0.19 0.14 0.08 0.06 0.20 2.54 0.14 0.11 0.33 0.25 0.07 0.17

0.06 0.05 0.03 0.01 0.03 0.09 0.13 0.01 0.08 0.00 0.45 0.01 0.55 0.36 0.04 0.04 0.03 0.04 0.02 0.03 0.28 0.20 0.07 8.15 9.00 5.60 0.10 0.11 0.04 0.04 0.01 0.01 2.46 3.30 0.02 0.02 0.16 0.11 0.01 0.10 0.03 0.03 0.06 0.17 0.13 0.22 0.03 0.02 0.12 0.06 0.03 0.02 0.04 1.00 0.06 0.02 0.07 0.05 0.02 0.04

Titan Mining Titan Mining* Titanium Corp TMAC Resource* TMAC Resources TNR Gold Tocvan Venture Tombstone Expl* Tonogold Res* Tonopah Div Mg* 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 Trifecta Gold Trifecta Gold* Trilogy Mtls Trilogy Mtls* TriMetals Mng* Trinity Res* Trinity Valley Trio Resources* TriStar Gold TriStar Gold* Triumph Gold Triumph Gold* Troilus Gold* Troilus Gold Troubadour Res Troy Res* True North Gem* True North Gem Trueclaim Expl* Tsodilo Res Tudor Gold * Tudor Gold Turmalina Met* Turmalina Met Turquoise HIl* Turquoise HIl TVI Pacific TVI Pacific* Tyhee Gold* Typhoon Expl

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

U.S. Gold* U3O8 Corp U3O8 Corp* Ubique Mineral 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

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

Change

T 0.18 0.12 0.05 0.04 0.00 0.26 0.34 0.03 0.13 0.00 1.62 0.01 0.96 0.70 0.28 0.00 0.00 0.06 0.04 0.05 0.60 0.44 0.10 13.44 15.12 9.86 0.22 0.17 0.09 0.00 0.02 0.04 7.00 9.33 0.04 0.05 0.28 0.20 0.02 0.11 0.00 0.03 0.19 0.87 0.66 1.72 0.05 0.00 0.18 0.08 0.06 0.05 0.17 0.00 0.08 0.04 0.17 0.12 0.00 0.00

0.18 0.13 0.06 0.05 0.06 0.26 0.34 0.03 0.15 0.00 1.86 0.01 1.03 0.74 0.28 0.08 0.06 0.07 0.05 0.06 0.63 0.48 0.12 14.11 15.90 10.39 0.23 0.17 0.09 0.07 0.03 0.04 7.61 10.17 0.04 0.06 0.29 0.21 0.02 0.11 0.05 0.03 0.20 1.20 0.89 1.88 0.05 0.06 0.18 0.10 0.08 0.05 0.17 1.87 0.10 0.07 0.17 0.12 0.04 0.06

(100s)

12-month

High

Strikepoint Gd Strikepoint Gd* Strongbow Expl Strongbow Expl* Stroud Res Stuhini Explor Sulliden Mng Summa Silver Sun Metals Suncor Energy Suncor Energy* Superior Gold* Superior Gold Superior Mng Supreme Metals Surge Copper * Surge Copper Surge Explor Sutter Gold* Syrah Res*

23

THE NORTHERN MINER / JUNE 22–JULY 5, 2020

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

Week

Exc Volume

Last

12-month

High

Low

Change

871 19 81 65 1599 18 242 41 61 28 338 2945 1 105 1 1134 1 333 505 0 2885 1076 659 73 220 2082 26567 760 336 26 92 1535 70 11 1008 66 673 514 272 173 459 1045 1843 33 1 7 25 54 934 3116 201 3113 16926 4092 1382 57 338 547

0.28 0.19 0.39 1.16 1.61 0.03 0.21 2.90 0.44 0.00 13.72 18.52 0.37 0.53 0.04 0.07 0.02 0.05 0.16 0.00 0.46 0.34 7.17 0.06 0.08 0.10 0.13 0.04 0.04 0.03 2.90 2.18 0.07 0.08 0.07 0.00 0.37 0.27 0.23 0.17 0.83 1.07 0.03 0.07 0.07 0.10 0.23 0.09 1.03 1.37 0.72 1.03 0.80 1.07 0.02 0.01 0.00 0.08

0.20 0.22 + 0.15 0.19 + 0.31 0.39 + 1.08 1.16 + 1.45 1.57 + 0.00 0.03 unch 0.18 0.19 0.00 2.90 + 0.40 0.42 + 0.00 0.00 unch 12.24 12.45 + 16.28 16.93 + 0.37 0.37 unch 0.46 0.52 + 0.04 0.04 0.06 0.07 unch 0.02 0.02 unch 0.04 0.05 + 0.14 0.16 + 0.00 0.13 unch 0.36 0.41 + 0.27 0.31 + 4.97 5.02 0.06 0.06 unch 0.08 0.08 0.06 0.07 + 0.08 0.10 + 0.04 0.04 0.03 0.04 unch 0.02 0.02 2.33 2.64 1.70 1.97 0.05 0.06 0.00 0.06 0.06 0.06 0.00 0.00 unch 0.30 0.37 + 0.22 0.27 + 0.20 0.21 0.15 0.16 0.72 0.75 0.96 0.99 unch 0.03 0.03 unch 0.06 0.06 0.00 0.07 + 0.00 0.09 + 0.23 0.23 unch 0.08 0.09 + 0.70 0.98 + 0.93 1.36 + 0.61 0.71 + 0.80 1.00 + 0.63 0.68 0.85 0.91 0.01 0.02 unch 0.01 0.01 0.00 0.00 unch 0.07 0.08 unch

370 195 247 3 1439 3358 3279 933 36 25 216 704 4261 58 5 10 871 70060 110 328 2251 261

7.18 0.12 0.09 0.00 0.69 0.18 0.14 0.14 0.03 0.05 0.12 0.24 0.33 0.17 0.15 0.05 0.53 10.96 0.06 4.20 0.58 0.76

Stock

0.02 0.01 0.09 0.10 0.08 0.00 0.01 1.14 0.01 0.00 0.03 0.20 0.00 0.05 0.01 0.00 0.00 0.02 0.01 0.00 0.06 0.05 1.90 0.00 0.01 0.02 0.02 0.01 0.00 0.01 0.11 0.07 0.00 0.02 0.01 0.00 0.05 0.04 0.01 0.01 0.01 0.00 0.00 0.01 0.05 0.02 0.00 0.01 0.31 0.46 0.10 0.18 0.10 0.13 0.00 0.00 0.00 0.00

0.58 0.31 0.82 5.27 6.95 0.04 0.32 3.80 0.55 0.00 17.13 22.45 0.42 0.59 0.05 0.07 0.06 0.08 0.24 0.18 0.46 0.34 10.54 0.15 0.25 0.23 0.32 0.05 0.05 0.04 4.10 3.13 0.13 0.50 0.15 0.00 0.39 0.28 0.58 0.44 1.20 1.21 0.10 0.09 0.10 0.13 0.32 0.17 0.93 1.37 0.72 1.03 1.30 1.71 0.02 0.02 0.00 0.08

0.14 0.11 0.24 0.31 0.44 0.02 0.07 0.50 0.15 0.00 6.19 8.79 0.21 0.27 0.01 0.02 0.01 0.02 0.11 0.08 0.15 0.11 4.23 0.05 0.06 0.04 0.06 0.01 0.02 0.01 1.50 1.03 0.03 0.01 0.04 0.00 0.16 0.12 0.07 0.06 0.30 0.42 0.02 0.03 0.02 0.04 0.20 0.05 0.27 0.37 0.20 0.27 0.30 0.43 0.01 0.00 0.00 0.02

0.84 0.02 0.02 0.00 0.07 0.04 0.03 0.00 0.00 0.01 0.01 0.02 0.09 0.02 0.01 0.00 0.13 0.96 0.01 0.40 0.06 0.09

12.74 0.17 0.90 0.10 0.70 0.28 0.21 0.19 0.08 0.10 0.46 0.24 0.33 0.24 0.30 0.09 0.80 15.90 0.24 6.50 0.99 1.30

2.61 0.04 0.01 0.03 0.09 0.09 0.06 0.07 0.01 0.02 0.07 0.07 0.10 0.03 0.01 0.02 0.25 4.54 0.03 3.45 0.27 0.39

U-V 6.05 0.08 0.06 0.00 0.31 0.12 0.09 0.13 0.00 0.04 0.10 0.18 0.23 0.00 0.00 0.02 0.33 8.32 0.05 3.66 0.50 0.68

6.20 0.08 0.06 0.04 unch 0.51 + 0.13 0.09 0.13 unch 0.03 unch 0.04 0.10 0.22 + 0.32 + 0.11 0.15 + 0.05 0.47 + 9.23 0.06 + 3.75 0.50 0.68 -

(100s)

High Low

Week Last

12-month

Exc Volume

High

Low

Change

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 Valterra Res* Valterra Res Vanadian Enrgy* Vanadian Enrgy Vanadium One* Vanadium One Vanadiumcorp* Vanadiumcorp Vangold Res Vangold Res* 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 Victoria Gold* Victoria Gold Victory Metals Victory Metals* Victory Nickel Victory Nickel* Victory Res Victory Res* Viking Gold Virginia Enrgy Virginia Enrgy* Viscount Mng Visible Gold M Visible Gold M* Vision Lithium Vision Lithium* Vista Gold* Vista Gold Viva Gold* Viva Gold Vizsla Res Vizsla Res * Volcanic Gold Volt Energy Voyageur Min* Voyageur Min VR Resources* VR Resources Vulcan Mnrls VVC Expl

V 2705 X 5932 O 883 D 1393 V 1196 O 542 O 87 V 119 V 177 O 1 V 296 V 232 O 3 N 142331 O 444 O 338 V 219 O 411 V 287 O 19 V 82 O 36 V 1422 O 636 V 250 V 8044 O 123 O 646 V 883 O 5 V 38 V 154 O 46 O 878 V 398 V 15 T 106 O 575 O 129 V 1096 O 471 T 1031 V 69 O 85 C 53 O 20 C 213 O 5 V 20 V 43 O 7 V 87 V 446 O 3 V 241 O 20 X 2284 T 84 O 39 V 124 V 1191 O 287 V 127 V 180 O 580 V 196 O 187 V 110 V 160 V 280

0.15 1.07 0.42 2.26 1.12 0.84 0.03 0.03 0.16 0.00 0.22 0.18 0.08 11.30 0.00 0.18 0.24 0.09 0.11 0.04 0.05 0.06 0.09 0.04 0.05 0.14 0.11 1.06 1.45 0.12 0.17 0.49 0.35 0.05 0.06 0.08 0.58 0.01 0.00 0.05 10.00 13.52 0.33 0.28 0.02 0.02 0.02 0.02 0.53 0.11 0.08 0.35 0.13 0.07 0.07 0.04 0.99 1.38 0.20 0.28 0.46 0.35 0.39 0.08 0.00 0.07 0.22 0.29 0.05 0.03

0.12 0.15 + 0.98 1.00 0.22 0.26 1.94 2.03 1.00 1.01 0.74 0.75 0.01 0.01 0.02 0.02 0.15 0.15 unch 0.00 0.00 unch 0.18 0.20 + 0.15 0.15 0.08 0.08 unch 10.18 10.63 0.00 0.00 + 0.17 0.17 0.23 0.24 0.05 0.08 + 0.07 0.09 + 0.02 0.02 0.00 0.04 unch 0.05 0.05 0.08 0.08 + 0.03 0.04 0.04 0.05 + 0.11 0.13 + 0.00 0.10 + 0.86 0.98 + 1.15 1.31 + 0.12 0.12 unch 0.16 0.16 unch 0.44 0.48 + 0.32 0.32 0.03 0.04 0.05 0.06 + 0.08 0.08 unch 0.49 0.50 0.00 0.01 + 0.00 0.00 0.04 0.05 8.93 9.17 + 11.92 12.44 + 0.29 0.30 unch 0.20 0.22 0.00 0.02 0.02 0.02 unch 0.00 0.01 0.02 0.02 unch 0.00 0.33 0.10 0.10 + 0.06 0.07 + 0.30 0.34 0.11 0.11 unch 0.00 0.07 + 0.05 0.05 unch 0.04 0.04 + 0.85 0.90 1.14 1.23 + 0.00 0.20 unch 0.00 0.27 unch 0.43 0.44 0.31 0.32 0.34 0.34 unch 0.06 0.08 + 0.00 0.06 unch 0.07 0.07 unch 0.19 0.21 0.26 0.27 0.04 0.04 + 0.03 0.03 unch

Walcott Res Walker River Walker River* Wallbridge Mng* Wallbridge Mng Warrior Gold Warrior Gold* Waseco Res Wealth Mnrls

C V O O T V O V V

Stock

0.02 0.05 0.08 0.16 0.08 0.06 0.02 0.01 0.00 0.00 0.01 0.02 0.00 0.41 0.00 0.01 0.01 0.03 0.03 0.02 0.00 0.01 0.01 0.00 0.01 0.03 0.02 0.00 0.02 0.00 0.00 0.01 0.04 0.01 0.01 0.00 0.07 0.00 0.00 0.01 0.13 0.20 0.00 0.01 0.01 0.00 0.01 0.00 0.02 0.01 0.00 0.01 0.00 0.02 0.00 0.00 0.03 0.01 0.00 0.00 0.01 0.01 0.00 0.01 0.00 0.00 0.01 0.01 0.01 0.00

0.19 1.48 3.50 9.25 1.28 0.95 0.04 0.04 0.18 0.00 0.22 0.19 0.12 14.19 0.01 0.31 0.41 0.28 0.35 0.06 0.07 0.10 0.13 0.06 0.08 0.14 0.11 1.06 1.45 0.12 0.31 0.58 0.44 0.08 0.10 0.09 0.82 0.04 0.10 0.08 10.00 13.60 0.67 0.54 0.05 0.04 0.04 0.03 0.59 0.37 0.24 0.38 0.14 0.07 0.07 0.06 1.05 1.49 0.26 0.35 0.96 0.73 0.39 0.09 0.10 0.12 0.35 0.50 0.21 0.06

0.05 0.35 0.15 0.25 0.80 0.56 0.00 0.01 0.05 0.00 0.10 0.03 0.04 6.49 0.00 0.09 0.14 0.03 0.03 0.00 0.01 0.03 0.04 0.02 0.03 0.03 0.03 0.14 0.19 0.08 0.10 0.20 0.15 0.01 0.03 0.03 0.21 0.00 0.00 0.02 2.88 4.02 0.17 0.11 0.01 0.01 0.01 0.02 0.32 0.04 0.03 0.16 0.04 0.02 0.01 0.01 0.36 0.51 0.09 0.14 0.16 0.16 0.05 0.02 0.04 0.05 0.09 0.12 0.02 0.02

0.00 0.01 0.01 0.04 0.04 0.01 0.01 0.00 0.00

0.20 0.20 0.15 0.97 1.35 0.13 0.09 0.06 0.65

0.09 0.06 0.05 0.23 0.30 0.03 0.03 0.02 0.09

Wealth Mnrls* Wescan Gldflds Wesdome Gold* Wesdome Gold West High Yld West Kirkland * West Kirkland West Red Lake West Red Lake* Western Areas* Western Atlas Western Copper Western Copper* Western Mag Western Mag* Western Pac Rs* Western Potash Western Res* Western Troy C Western U&V Western U&V* Westhaven Vent Westhaven Vent* Westkam Gold* Westkam Gold Westminster Rs Westminster Rs* WestMountain* Wheaton Prec M Wheaton Prec M* White Energy* White Gold* White Gold White Metal R* White Metal Rs White Mtn Engy* Whitehaven Coa* Wildsky Res* Wildsky Res Winshear Gold Winshear Gold* Winston Gold Winston Gold* Wolfden Res* Wolfden Res Wolfeye Res Worldwide Res X-Terra Res X-Terra Res* Xanadu Mines Xander Res Xiana Mng Xiana Mng* Ximen Mining* Ximen Mining Xtierra Inc Xtra-Gold Res Xtra-Gold Res* Yamana Gold Yamana Gold* Yanzhou Coal* Yorbeau Res* Yorbeau Res Yukoterre Res Zadar Ventures* Zadar Ventures Zanzibar Gold Zara Res* ZEN Graphene* ZEN Graphene Zena Mining Zephyr Mnls Zephyr Mnls* Zimtu Capital Zinc One Res Zinc One Res * ZincX Res ZincX Res* Zonte Metals Zonte Metals*

W-Z 0 1143 110 2220 10149 400 2 155 582

0.00 0.08 0.07 0.97 1.25 0.08 0.05 0.06 0.10

0.00 0.07 0.06 0.83 1.13 0.06 0.00 0.05 0.09

0.09 unch 0.08 0.06 0.88 1.19 0.07 + 0.05 0.06 unch 0.09 unch

(100s)

High Low

Exc Volume O 256 V 196 O 383 T 3225 V 300 O 296 V 541 C 783 O 361 O 3 V 157 T 324 X 963 V 512 O 251 O 0 T 79 O 9 V 977 C 322 O 280 V 134 O 57 O 0 V 1 V 5 O 0 O 1 T 6277 N 12950 O 385 O 987 V 1881 O 26 V 155 O 131 O 0 O 3 V 47 V 193 O 9 C 836 O 453 O 94 V 578 V 909 V 45 V 657 O 36 T 152 V 376 V 318 O 11 O 34 V 941 V 149 T 34 O 66 T 22002 N 103104 O 56 O 300 T 433 C 0 O 68 V 207 C 56 O 236 O 257 V 1586 V 50 V 1235 O 672 V 70 V 1571 O 25 V 83 O 32 V 65 O 11

Week

12-month

High

Low

Last

Change

0.08 0.05 8.40 11.30 0.10 0.09 0.12 0.09 0.07 1.72 0.07 1.18 0.95 0.14 0.11 0.21 0.22 0.14 0.06 0.63 0.46 0.82 0.60 0.00 0.11 0.06 0.00 3.00 55.52 41.16 0.00 0.73 0.96 0.04 0.05 0.03 1.22 0.05 0.09 0.07 0.06 0.09 0.07 0.12 0.15 0.83 0.02 0.09 0.07 0.05 0.20 0.05 0.04 0.50 0.69 0.07 0.63 0.47 7.31 5.42 0.00 0.05 0.06 0.00 0.25 0.35 0.08 0.02 0.62 0.85 0.05 0.50 0.38 0.11 0.02 0.02 0.10 0.07 0.23 0.17

0.06 0.07 + 0.00 0.05 7.40 7.80 + 10.15 10.22 0.09 0.09 0.08 0.08 0.11 0.11 + 0.08 0.09 + 0.05 0.06 + 1.59 1.59 0.06 0.07 unch 1.09 1.13 unch 0.78 0.83 0.13 0.13 0.09 0.10 0.00 0.21 unch 0.00 0.20 unch 0.00 0.14 unch 0.04 0.05 + 0.42 0.44 0.31 0.33 0.68 0.76 + 0.52 0.55 + 0.00 0.07 unch 0.00 0.11 unch 0.00 0.06 + 0.00 0.05 unch 3.00 3.00 + 49.50 51.86 + 36.94 38.12 + 0.00 0.06 unch 0.62 0.69 + 0.81 0.90 + 0.00 0.04 + 0.00 0.04 0.02 0.03 + 0.00 1.22 unch 0.05 0.05 + 0.00 0.09 unch 0.06 0.07 + 0.04 0.06 + 0.08 0.09 unch 0.06 0.06 unch 0.11 0.11 + 0.13 0.13 + 0.66 0.79 0.02 0.02 unch 0.07 0.08 + 0.06 0.06 + 0.03 0.03 0.17 0.19 0.04 0.04 0.00 0.04 0.47 0.49 + 0.62 0.69 + 0.06 0.07 + 0.60 0.63 + 0.44 0.47 + 6.60 6.64 4.85 4.91 0.00 0.76 unch 0.03 0.05 + 0.06 0.06 unch 0.00 0.10 unch 0.23 0.23 + 0.30 0.35 + 0.07 0.08 + 0.01 0.01 + + 0.43 0.49 0.56 0.67 + 0.05 0.05 0.40 0.43 + 0.30 0.32 + 0.09 0.11 + 0.01 0.02 + 0.00 0.01 + 0.09 0.09 + 0.07 0.07 + 0.20 0.22 + 0.16 0.17 +

0.01 0.01 0.13 0.16 0.01 0.00 0.01 0.01 0.00 0.11 0.00 0.00 0.01 0.01 0.01 0.00 0.00 0.00 0.02 0.20 0.15 0.06 0.02 0.00 0.00 0.01 0.00 0.10 1.16 0.37 0.00 0.07 0.07 0.00 0.01 0.01 0.00 0.01 0.00 0.02 0.02 0.00 0.00 0.03 0.01 0.03 0.00 0.01 0.00 0.01 0.01 0.01 0.03 0.02 0.07 0.01 0.02 0.03 0.11 0.11 0.00 0.01 0.00 0.00 0.02 0.02 0.02 0.00 0.06 0.08 0.01 0.02 0.01 0.02 0.01 0.00 0.01 0.01 0.02 0.01

High Low 0.50 0.08 9.70 13.50 0.35 0.10 0.14 0.11 0.10 2.32 0.11 1.18 0.95 0.35 0.25 0.26 0.55 0.41 0.06 1.49 1.15 1.25 0.93 0.44 0.35 0.23 0.14 3.00 65.44 47.15 0.10 1.05 1.38 0.05 0.07 0.07 2.58 0.09 0.11 0.20 0.10 0.17 0.13 0.13 0.17 1.00 0.07 0.15 0.10 0.10 0.29 0.49 0.29 0.60 0.80 0.15 0.66 0.50 7.85 5.65 1.08 0.05 0.07 0.16 0.25 0.35 0.20 0.32 0.62 0.85 0.10 0.50 0.54 0.23 0.03 0.03 0.17 0.13 0.37 0.28

0.06 0.03 3.80 4.88 0.07 0.03 0.04 0.04 0.02 1.15 0.04 0.44 0.31 0.09 0.07 0.16 0.13 0.11 0.02 0.25 0.15 0.35 0.25 0.02 0.08 0.04 0.05 1.00 26.99 18.66 0.03 0.29 0.41 0.00 0.02 0.01 0.91 0.04 0.01 0.05 0.02 0.01 0.00 0.05 0.07 0.43 0.02 0.03 0.03 0.01 0.04 0.04 0.04 0.20 0.26 0.03 0.28 0.20 2.70 2.01 0.64 0.02 0.02 0.08 0.07 0.08 0.03 0.00 0.17 0.26 0.04 0.15 0.12 0.08 0.01 0.00 0.06 0.04 0.17 0.12

BID-ASK — JUNE 08–12, 2020 12-MONTH STOCK

12 Exploration African Metals Aftermath Silv Aguila Amer Gd Aldebaran Res Allante Res Alturas Min American CuMo American Uran Anconia Res Anglo-Bomarc Antler Hill Asbestos Corp Atlanta Gold Aura Resources Auramex Res Aurelius Min Austin Res Avarone Metals Balto Res Banro Corp* Barker Min Barolo Venture Bearclaw Cap BHK Mining Boss Power Brigadier Gold Brunswick Res Bullion Gold Camrova Res Canadian Prem Canadian Silv Cardero Res Casa Minerals Centurion Mnls Cerro de Pasc Cerro Mng Chinapintza Mg CIM Intl Grp Cliffmont Res Cliffs Nat Res* CMX Gold & Sil Comet Inds CWN M’g Acq Cyntar Venture Cyprium Mng Damara Gold District Mines Duro Metals Dynasty Gold EastCoal Inc Electra Stone Everton Res EVI Global Grp Excalibur Res Fabled Copper Finore Mng Fire River Gol Four Nines Freedom Egy Freeport Res Full Metal Mnl

12-MONTH

EXC

BID

ASK

LAST

HIGH

LOW

STOCK

C V V V V V V V V V V V V V V V V V C V X V V V V V V V V V V V V V V C V V C V N C V V C V V V V V V V V C C V C V C V V V

0.15 0.06 0.24 0.15 0.24 0.10 0.01 0.06 0.03 0.01 0.08 0.10 0.40 0.03 0.05 0.06 0.13 0.06 ...

0.06 0.11 0.01 0.18 0.01 0.02 0.17 0.06 0.01 0.06 ...

0.20 ...

0.03 0.05 0.07 ...

0.26 0.01 0.01 0.06 1.45 ...

3.10 0.05 0.16 0.03 0.03 ...

0.06 0.07 0.06 0.01 0.10 0.10 0.09 0.04 0.12 0.03 0.11 0.02 0.30 0.01

...

0.09 0.25 0.22 0.30 0.25 0.01 0.07 0.15 0.01 0.08 0.10 0.66 0.04 0.05 0.06 0.14 0.10 ...

0.10 0.11 0.01 0.22 0.03 0.02 0.20 0.10 0.02 0.15 0.01 0.22 0.06 0.04 0.06 0.07 ...

0.32 0.02 0.10 0.09 3.20 0.06 3.50 0.07 0.38 0.03 0.03 0.12 ...

0.08 0.19 0.02 0.10 0.15 0.10 0.08 0.12 0.07 0.20 0.02 0.40 0.01

0.15 0.06 0.25 0.14 0.26 0.16 0.01 0.06 0.02 0.01 0.15 0.06 0.35 0.03 0.05 0.07 0.14 0.09 0.04 0.03 0.11 0.01 0.18 0.01 0.02 0.17 0.05 0.03 0.10 0.07 0.22 0.06 0.03 0.05 0.07 0.29 0.25 0.01 0.15 0.07 1.43 0.05 3.15 0.05 0.11 0.03 0.04 0.12 0.13 0.07 0.09 0.01 0.03 0.10 0.10 0.05 0.11 0.09 0.10 0.01 0.40 0.10

0.25

0.15

0.33 0.24 0.49

0.05 0.12 0.16

0.02

0.01

0.06

0.01

0.09 0.50 0.04 0.09 0.08 0.15 0.13 0.15 0.19 2.10

0.04 0.30 0.03 0.02 0.02 0.03 0.04 0.03 0.03 0.10

0.27 0.03

0.18 0.01

Fusion Gold Galore Res GAR Limited Gentor Res Gespeg Res GFM Res GK Resources Global Cop Grp Global Vanad Goldbelt Emp Goldblock Cap Graphite Egy Great Lakes Gr Great Quest Fe Green Arrow Greenshield Ex Grenville Gold Grosvenor Res GrowMax Res HFX Holding Highvista Gold Hornby Bay Mnl Indico Res Inspiration Mg Intact Gold Interconnect Intercontinent Intl Battery Intl Bethl Mng Iron South Mng Kanadario Gold Kapuskasing Gd Kermode Res Knick Expl Kodiak Copper Kootenay Zinc La Imperial Latin Metals Le Mare Gold Leo Res Lida Resources Lions Bay Mg Madeira Mrnls MAG Silver* Magna Terra Matachewan Con Mega Copper Meryllion Res Metalo Manuf Micrex Dev Midasco Cap MillenMin Vent Minecorp Egy Mineral Hill Mongoose Mg Montana Gold Nebu Res New Klondike New World Res Nexco Res Nrthn Lion NSGold

0.18

0.05

0.47

0.09

1.35

0.10

0.05 0.18 0.14 0.34 0.32 0.02 0.19 0.13 7.17 0.05 3.60 0.21 0.11

0.02 0.02 0.04 0.12 0.07 0.01 0.02 0.05 0.98 0.03 2.75 0.03 0.07

0.06 0.24 0.14 0.10 0.09

0.02 0.05 0.11 0.04 0.06

0.03 1.14 0.11 0.08

0.03 0.05 0.01 0.02

0.16 0.02 0.73

0.10 0.01 0.08

EXC

V V C V V V V V V V C C V V V V C V V V V V V C V V V C V V V V V V V C C V V C C C V X V V V C C V V V V V C C V V V C V V

BID

0.01 0.02 ...

0.04 0.05 0.06 1.02 0.07 0.17 0.01 0.14 ...

0.05 ...

0.02 0.13 0.07 0.16 0.02 0.01 ...

0.09 ... ...

0.04 0.04 0.11 ...

0.02 0.24 0.18 0.06 0.01 0.01 0.05 0.04 0.02 0.03 0.01 ... ...

0.27 ...

12.52 0.01 0.12 0.02 ...

0.10 0.02 0.06 0.01 ...

0.06 ...

0.09 0.03 0.01 0.30 0.04 0.19 0.12

12-MONTH

ASK

LAST

HIGH

LOW

STOCK

...

0.02 ...

0.07 0.06 0.10 ...

0.08 0.24 0.02 ... ...

0.05 0.01 0.03 0.17 0.11 0.20 0.02 ... ...

0.09 0.01 0.03 0.05 0.11 0.23 ...

0.03 0.27 0.25 0.10 0.02 0.01 0.06 0.05 0.11 0.04 0.01 ... ...

0.39 ...

13.30 0.02 0.14 0.13 ...

0.19 0.02 0.09 0.50 ...

0.24 0.13 0.10 0.03 0.01 0.30 0.08 0.28 0.20

0.17 0.02 0.15 0.03 0.06 0.07 0.26 0.08 0.24 0.02 0.14 0.47 0.04 0.10 0.02 0.15 0.07 0.15 0.09 0.01 0.17 0.11 0.01 0.03 0.04 0.06 0.23 0.31 0.02 0.24 0.18 0.10 0.01 0.01 0.05 0.04 0.01 0.03 0.09 1.09 0.24 0.28 0.03 12.52 0.02 0.15 0.06 0.01 0.20 0.01 0.07 0.05 0.12 0.15 0.14 0.10 0.04 0.01 0.21 0.04 0.22 0.19

0.18 0.05 4.13 0.06 0.13 0.08 0.30 0.11 0.28

0.17 0.01 0.13 0.03 0.03 0.05 0.18 0.04 0.16

0.14 0.47

0.12 0.42

0.04 0.22 0.25 0.17 0.10 0.05

0.02 0.00 0.06 0.08 0.08 0.01

0.11 0.01

0.02 0.01

0.09 0.06 0.33

0.03 0.06 0.10

0.10 0.28 0.25 0.14 0.02

0.01 0.04 0.15 0.03 0.01

0.13 0.18 0.12 0.16 0.09

0.04 0.02 0.01 0.02 0.04

0.27 0.39

0.13 0.04

14.40 0.03 0.18 0.16 0.02 0.40

6.12 0.01 0.10 0.06 0.01 0.07

0.15

0.07

0.20

0.07

0.15 0.10

0.11 0.02

0.07 0.34 0.20

0.03 0.10 0.06

NSS Res Inc Odyssey Res Pac Arc Res Pac Bay Mnrls Pac Cascade Pac Imperial Pan Andean Min Patriot Gold Pedro Res PPX Mining Quantum Cobalt Rare Element* Razore Rock Res Red Moon Res Red Oak Mining Reliant Gold Rhyolite Res Riley Resource Rizal Res Rockex Mng Rockland Mnls Rockwealth Res Ross River Rubicon Mnrls* Sage Gold Saint Jean Samco Gold Scotch Creek Secova Mtls Sennen Potash Silver Phoenix Skarb Explor Slave Lake Zn Sonora Gld & S Southstone Min Stans Energy Surge Explor Tearlach Res Thunder Mtn Gd TomaGold Tri-River Vent Trident Gold TriMetals Mng True Grit Res Tymbal Res Ubique Mineral Upper Canyon Vale* ValOre Metals Vatic Vent Walcott Res Waseco Res Western Pac Rs Whitemud Res Winshear Gold Winston Res Yukoterre Res Zara Res Zenith Explor Zinco Mng Zincore Mtls

EXC

BID

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

0.06 0.03 0.01 0.06 0.01 0.01 ...

0.04 ...

0.01 ...

0.11 0.05 0.06 0.10 ...

0.16 0.12 0.01 0.02 0.07 0.46 ... ...

0.01 0.01 0.01 0.09 0.05 ...

0.11 0.02 0.04 0.03 0.01 0.01 0.39 0.12 0.01 0.05 ...

0.13 0.11 0.01 0.03 0.02 ... ...

0.06 0.05 0.10 0.05 0.23 0.01 0.12 ...

0.07 ...

0.03 0.05 ...

ASK

0.09 0.04 0.25 0.09 0.02 0.02 0.09 0.08 0.24 0.07 ...

0.16 0.09 0.12 0.10 0.02 0.19 0.20 0.02 0.04 0.08 0.50 0.39 ...

0.01 0.01 0.01 0.12 0.06 1.10 0.20 ...

0.08 0.04 0.01 0.01 0.44 0.19 ...

0.05 ...

0.18 0.12 ...

0.05 0.04 2.00 ...

0.07 0.10 0.20 0.06 0.23 0.02 0.14 0.04 0.10 ...

0.68 0.07 0.40

LAST

0.10 0.03 0.16 0.07 0.01 0.02 0.09 0.05 0.10 0.06 1.10 0.15 0.04 0.06 0.10 0.02 0.17 0.11 0.02 0.02 0.08 0.46 0.26 0.03 0.02 0.04 0.05 0.09 0.05 0.45 0.11 0.08 0.04 0.03 0.01 0.01 0.39 0.12 0.07 0.05 0.04 0.12 0.12 0.02 0.03 0.04 0.25 10.24 0.07 0.10 0.09 0.06 0.23 0.02 0.14 0.01 0.10 0.07 0.02 0.05 0.05

HIGH

LOW

0.18 0.05 0.30 0.15

0.03 0.02 0.16 0.05

0.03 0.10 0.06 0.22 0.08 3.15 0.89 0.10 0.24 0.28

0.01 0.03 0.05 0.09 0.04 0.20 0.06 0.04 0.03 0.04

0.21 0.20 0.02 0.05 0.11 0.50

0.04 0.11 0.01 0.01 0.01 0.14

1.35

0.03

0.04 0.06 0.12 0.06

0.02 0.05 0.06 0.02

0.19 0.10 0.09 0.06 0.04 0.11 0.23 0.20 0.17

0.10 0.08 0.04 0.03 0.01 0.01 0.03 0.07 0.07

0.20 0.12 0.02 0.06 0.10

0.12 0.03 0.01 0.02 0.03

11.10 0.13

6.57 0.07

0.20 0.06 0.40 0.03 0.15 0.04 0.16 0.22 0.20

0.09 0.02 0.20 0.01 0.05 0.01 0.08 0.07 0.02

24

JUNE 22–JULY 5, 2020 / THE NORTHERN MINER

WWW.NORTHERNMINER.COM