The Northern Miner April 15 2019 Issue 8

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First Cobalt produces battery-grade sulphate ONTARIO

| Batch assays 20.8% cobalt BY TRISH SAYWELL tsaywell@northernminer.com

M A bucket wheel excavator at Codelco’s Radomiro Tomic copper mine in Antofagasta, Chile.  CODELCO

Deficits delayed in global copper market CESCO WEEK

BY TOM AZZOPARDI Special to The Northern Miner SANTIAGO, CHILE

M

ention electric vehicles and copper industry executives’ eyes dazzle like the headlights on a Tesla. As electric motors and lithium batteries replace combustion engines, cars, buses and trucks are all going to contain a lot more copper.

| The future looks bright for copper, but it’s not here yet This is good news for attendees at CESCO Week, the copper industry’s annual get together in Santiago. For them, coal mining is consigned to the trash heap — their kind of mining will save humanity. Forget global warming, the real issue is clean air, said Robert Friedland, Ivanhoe Mines’ (TSX: IVN; US-OTC: IVPAF) evangelical executive co-chairman, who sweated in his suite rather than

Anglo American’s Quellaveco copper project in Moquegua region, Peru.   ANGLO AMERICAN

breathe in the Chilean capital’s toxic fumes. The revolution is coming, but slowly. Smoggy Santiago now has 200 Chinese-built electric buses on its roads, but it is expected to take years to replace the other 5,000. The volume of copper required is huge. By 2025, electric vehicles and associated infrastructure are expected to require another 2.5 million tonnes annually of cop-

per by the end of the next decade, rising to 5 million tonnes by 2035. The need is even greater given the decrepit state of many copper mines. Output from existing mines is estimated to fall over 25% to 15 million tonnes by 2030. Some have projects lined up to keep them in production for decades to come, such as Rio Tinto (NYSE: RIO; LON: RIO), which plans to begin underground mining at Bingham Canyon in Utah, or Codelco’s project to develop sulphide resources underneath its Radomiro Tomic pit in Chile. But for others, like Glencore’s (LON: GLEN) Mt Isa mine in northeast Australia, their time is finally up. So the industry remains heavily dependent on mines coming into production to meet burgeoning demand. While these projects exist, there is considerable uncertainty about how long it will take to develop them. Many are still at an early stage of development or face serious environmental and engineering challenges. The proposed Pebble copper-gold mine in Alaska has been in permitting for over a decade and is the subject of intense opposition by environmental groups.

ost refined cobalt used in the electric vehicle market is produced in Asia, but First Cobalt (TSXV: FCC; US-OTC FTSSF) intends to start refining the metal into battery-grade cobalt sulphate at its refinery in Ontario, after positive test results at SGS’s lab in Lakefield that replicated the refinery’s circuits and flowsheet. The product, refined in a single batch in the lab, assayed 20.8% cobalt, surpassing the reference grade for sulphate pricing and paving the way for First Cobalt to bring its refinery out of care and maintenance, and into production. Once in production, the refinery would be the only producer of refined cobalt in North America. See FIRST COBALT / 2 PM40069240

See COPPER OUTLOOK / 2

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Rio Tinto’s Bingham Canyon copper mine in Utah.   RIO TINTO

Deficits delayed in global copper market COPPER OUTLOOK From 1

Others are located in unstable jurisdictions, such as the African Copperbelt, or Afghanistan. “There are not enough projects to be confident that demand will be met,” CRU analyst Hamish Sampson noted. Even projects that are in development are facing significant challenges. Construction of the underground mine at Rio Tinto’s Oyu Tolgoi in Mongolia has been delayed after engineers ran into unexpected rock conditions, the mining giant’s chief executive of copper and diamonds, Arnaud Soirat, explained. Construction of PanAust’s US$7billion Frieda River project in Papua New Guinea has been delayed by an estimated three years. Investors have also become more reluctant to back ambitious projects after so many lost their shirts in the commodity slump. Ch i le’s gover n ment-ow ned

“OUR RESEARCH SHOWS THAT THE COPPER MARKET DEFICIT IS NOT AS IMMINENT AS WE PREVIOUSLY THOUGHT, AND THIS CLEARLY HAS IMPLICATIONS FOR PRICES AND PROFITS.” VANESSA DAVIDSON HEAD OF COPPER RESEARCH, CRU GROUP

Codelco, the world’s largest copper producer, wants to invest US$24 billion over the next five years to keep its aging mines in business. Production from a new underground operating at its f lagship Chuquicamata mine is due to begin next month. But the timing of other Codelco projects, including the Radomiro Tomic extension and an expansion of Andina, could depend on government largesse. Earlier this year the company received the last installment of an unprecedented US$3-billion cash

injection from the Chilean state. But it needs much more to avoid its debts from growing, CEO Nelson Pizarro has warned. However, Chile’s new administration is keener on stabilizing its own debts — which ballooned after metal prices slumped earlier this decade — and diversifying away from copper, rather than sink more into mining. While the long-term outlook for copper is screaming for new projects, miners were urged caution in the short-term. Since prices bounced back to

over US$3 per lb. in the so-called “Trump bump” in 2017, boards of mining companies have rushed to greenlight investments shelved during the downturn. Major projects — such as Anglo American’s (LON: AAL) Quellaveco in Peru and Teck Resources’ (TSX: TECK.B; NYSE: TECK) Quebrada Blanca 2 in northern Chile, plus numerous smaller ventures — have filled out the oncefamished supply pipeline, CRU’s head of copper research Vanessa Davidson noted. Rather than declining in 2022 and 2023, CRU is now forecasting global mine production will grow more than 2% in both years. The result is the postponement of the major market deficits, which some mining companies had hoped would send prices back to the stratospheric levels seen at the start of this decade. Davidson said that the market is likely to move back into deficit in 2021, 12 months later than previ-

ously predicted, and that the supply gap will hit 200,000 tonnes by 2023, down from over 600,000 tonnes forecast at the start of last year. “Our research shows that the copper market deficit is not as imminent as we previously thought, and this clearly has implications for prices and profits,” the analyst said. Although CRU still sees copper prices rising over the next four years, it has cut its annual forecasts 8% on average to reach US$3.30 per lb. by 2023. Other issues — such as the trade wars between major global powers, and slowing Chinese growth — are also weighing on sentiment. The danger is that copper miners, now on a growth footing, may rush ahead with new projects extending the current market surplus several years into the future. Now that wouldn’t be bright. — Based in Santiago, Chile, Tom Azzopardi is a freelance writer specializing in the resource sector.

First Cobalt produces battery-grade sulphate “WE’VE BEEN A NORTH AMERICACENTRIC COMPANY, BUT THERE IS A LOT OF INTEREST IN THIS ASSET FROM THE CHINESE, AND WE’LL LOOK AT ANY AND ALL PARTNERSHIPS WITH THE GOAL OF SUPPLYING THE COBALT TO NORTH AMERICA.” TRENT MELL PRESIDENT AND CEO, FIRST COBALT

A sample of the cobalt sulphate produced by First Cobalt.   FIRST COBALT FIRST COBALT From 1

Cobalt sulphate is a critical component of lithium-ion batteries. “Hav ing demonstrated t his works and it produced a highpurity, high-grade product, we’re now in a position to fast track it,” the company’s president and CEO, Trent Mell, says in an interview, before leaving on a trip to China to speak with potential partners. “We’ve been a North Americacentric company, but there is a lot of interest in this asset from the Chinese, and we’ll look at any and all partnerships with the goal of supplying the cobalt to North America,” Mell says. “We’re get-

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First Cobalt’s refinery in Ontario.  FIRST COBALT

ting a lot of inbound calls from a lot of significant players, and that shows we have value.” First Cobalt also stands to benefit from the U.S.-China trade war and the tariff Washington has placed on imports of refined cobalt from China, Mell says. “If you can ship your product direct to Canada and not China, you’re avoiding a 10% tariff in the U.S.,” he says. “We’re exempt from those tariffs, and it makes for a cheaper supply for one of the most expen-

sive components in your battery.” The company has signed nondisclosure agreements with cobalt miners and cobalt companies already, Mell notes, and says the next steps are to make deals with feedstock providers and battery or electric vehicle companies, so that it can design f lowsheets to particular concentrate specifications. “We need to find a partner on either side, and then further refine our approach, our costing and our engineering, so we can produce

the purest form of sulphate possible,” he says. Results from three independent studies say it would cost the company US$26 million to restart the hydrometallurgical cobalt-silvernickel refinery at a 24-tonne-perday feed rate. The studies also estimate it would take 18–24 months to renew and amend all the refinery’s necessary permits. The facility — commissioned in 1996 — is 5 km east of Cobalt, and a two-hour drive from Canada’s border with the United States. News of the lab tests on April 3 drove the company’s shares up 38%, or 6¢ per share, to close at 21.5¢, on a trading volume of 9.5

million shares. The company has 348 million common shares for a $75-million market capitalization. “This news brings us closer to cash f low,” Mell says. “There is no other facility like it in North America, and I was delighted by the market recognition we got.” “When we started the company two years ago we were one of over a hundred cobalt companies,” he continues. “There are only about half a dozen liquid cobalt names left, so we’re coming off that bottom ... and with downstream processing to cash f low with a hard asset we own 100% of — it allows it us to stand out from our peers.” TNM

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Central banks are major gold buyers in 2019 GOLD

GROUP PUBLISHER/ PUBLISHER: Anthony Vaccaro, CFA, MBA avaccaro@northernminer.com EDITOR-IN-CHIEF: John Cumming, MSC (GEOL) jcumming@northernminer.com SENIOR STAFF WRITER: Trish Saywell, BA, MA, MSC (JOUR) tsaywell@northernminer.com STAFF WRITER: Richard Quarisa, BA, MA (JOUR & COMM) rquarisa@northernminer.com COPY EDITOR: Isa Cunanan, HBSC (PROFESSIONAL WRITING, HEALTH SCI COMM)

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O P- E D

| China on track to eclipse Russia this year as top buyer for gold reserves

W

ith the gold market’s supply and demand numbers coming in for the first two to three months of 2019, one of the features of this year that’s coming into focus is the strong buying of gold by central banks around the world. And yes, there is a distinct geopolitical BY JOHN CUMMING element to it all, as these central bank buyers jcumming@northernminer.com are predominantly from countries that stand in direct economic or political opposition to the U.S., and so are keen to move away from the U.S. dollar as a foreign reserve currency. With central bank gold-reserve statistics for February 2019 now published, the World Gold Council (WGC) notes that central banks bought a net 51 tonnes (1.64 million oz.) in February — or the biggest monthly increase since October 2018 — when central banks reported an increase in global gold reserves of 105 tonnes. The WGC underscores that gross monthly sales in February were “virtually nonexistent,” with central banks selling just 0.2 tonnes (64,000 oz.) during the month. Furthermore, central banks’ gold holdings have grown 90 tonnes (2.9 million oz.) in the first two months of 2019, compared with 56 tonnes (1.8 million oz.) in the same period in 2018. This is the highest level of growth since 2008, and WGC analyst Krishan Gopaul writes that “this shows that collectively, central banks — mostly from the emerging markets — continue to accumulate gold at a healthy pace.” He goes on to quote a passage from WGC’s “Gold Demand Trends Full year and Q4 2018” publication from Jan. 31: “Heightened geopolitical and economic uncertainty throughout the year increasingly drove central banks to diversify their reserves and refocus their attention on the principal objective of investing in safe and liquid assets. “Despite a decade passing since the global financial crisis, times seem no less certain. Central banks reacted to rising macroeconomic and geopolitical pressures by bolstering their gold reserves. These actions are consistent with a recent survey commissioned by the World Gold Council: 76% of central banks view gold’s role as a safe haven asset as highly relevant, while 59% cited its effectiveness as a portfolio diversifier. And almost one-fifth of central banks signalled their intention to increase gold purchases over the next 12 months.” Looking at which central banks have added the most gold to their reserves on a percent basis reveals that Russia and Turkey top the list, trailed by India, China and Mexico. With the exception of India, the top gold hoarders amongst the central banks are those with varying degrees of frayed relationships with the United States. The list of official gold reserves on an absolute basis is still led by the perennial top five of the U.S. (8,134 tonnes), Germany (3,370 tonnes), the International Monetary Fund (2,814 tonnes), Italy (2,452 tonnes) and France (2,436 tonnes), but it’s in the next group of five where there is movement in the rankings, with Russia and China pulling away from the others: Russia (2,151 tonnes), China (1,885 tonnes), Switzerland (1,040 tonnes), Japan (765 tonnes) and the Netherlands (613 tonnes). (Canada doesn’t even make the top-100 list, having long sold off all its gold reserves.) The Moscow Times notes that Russia’s foreign exchange and gold reserves were at US$488 billion as of April 1 — the highest since March 2014 — and are “now at the level they had reached before the sanctions regime started, following Russia’s annexation of Crimea in 2014.” In September 2018, along with front-loading the key interest rate 25 basis points to 7.5%, Russia’s central bank halted purchases of foreign currency, as the ruble came under pressure from possible toughening sanctions. BNE Intellinews notes that in 2018, the Russian central bank bought a record 274.3 tonnes gold, bringing its share of global international reserves to 19.1%, and accounting for 42% of all gold purchases by central banks last year. At the same time, the share of the U.S. dollar as a foreign reserve was cut from 43.7% to 20%. Meanwhile, China’s central bank reports that it bought another 11.2 tonnes (360,000 oz.) of the metal in March. Over the past four months, it has purchased almost 43 tonnes gold, putting it on course to be the leading central bank buyer in 2019, as the country remains in a trade war with the U.S. and the European Union. TNM

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

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

COMPANY INDEX Anglo American. . . . . . . . 2 Auryn Resources. . . . . . . 11 Boreal Metals. . . . . . . . . . 15 Camino Minerals. . . . . . . 11 Capstone Mining. . . . . . . 13 Carube Copper. . . . . . . . . 11 Chakana Copper. . . . . . . . 9 Condor Resources. . . . . . 14 Copper Fox Metals . . . . . 11

Copper Mountain Mining . . . . . . . . . . . . . . 11 Filo Mining. . . . . . . . . . . . 12 First Cobalt. . . . . . . . . . . . . 1 Glencore . . . . . . . . . . . . . . . 1 GT Gold . . . . . . . . . . . . . . 12 Guyana Goldfields. . . . . . . 6 Ivanhoe Mines. . . . . . . . 1,9 Kutcho Copper. . . . . . . . . 13

Peruvian Metals. . . . . . . . 12 Rio Tinto. . . . . . . . . . . . . . . 1 Seabridge Gold. . . . . . . . . 12 Teck Resources. . . . . . . 2,11 Tocvan Ventures. . . . . . . 11 Troubadour Resources. . . 8 Wheaton Precious Metals. . . . . . . . . . . . . . . 13

Iron ore pellets.  SIEMENS

Black Iron’s Simpson: Iron ore markets won’t quickly recover from Vale disaster INTERVIEW

| Ten percent of global iron ore pellet production taken offline

BY JOHN CUMMING

I

jcumming@northernminer.com

n the following interview excerpt, iron ore expert Matt Simpson, co-founder and CEO of junior Black Iron, explains the new landscape for iron ore markets worldwide in the wake of Vale’s horrific tailings dam disaster near Brumadinho in Brazil, which has removed 10% of the world’s iron ore pellet production from the market. Before heading up Black Iron, Simpson was mining manager at Rio Tinto’s Iron Ore Co. of Canada operations in Labrador — the largest iron ore mine in North America. For the full interview listen to “The Northern Miner Podcast— Episode 134: Iron ore markets post-Vale disaster, Ukraine update featuring Black Iron’s Matt Simpson,” where Simpson gets into more detail on the mining scene in Ukraine and his firm’s new offtake financing deal with Glencore at the junior’s highquality Shymanivske iron ore deposit in Ukraine. The Northern Miner: There has been a tremendous change in the iron ore markets with the Vale disaster in January. There are so many things going on with the iron ore markets. Where do you want to start? Matt Simpson: I am happy to talk about what happened in Brazil and how that impacts the general markets. So on Jan. 25, there was a horrific tailings dam failure at one of Vale’s iron ore operations in Brazil. And because of that failure, which is the second in about three

“UNFORTUNATELY, THE ORE COMING OUT OF AUSTRALIA IS INCREASING QUITE A BIT IN TWO MAJOR CONTAMINANTS: PHOSPHORUS AND ALUMINA. THE PROBLEM WITH THOSE CONTAMINANTS IS IT MAKES STEEL BRITTLE.” MATT SIMPSON CEO, BLACK IRON

years’ time — the first being the Samarco tailings dam failure — the Brazilian government required Vale to shut down about 11 of their operations, taking about 70 million tonnes of product of 1.6 billion tonnes globally off-stream. TNM: How permanent is that reduction? MS: A lot of people are speculating that other companies such as BHP, Rio Tinto and Fortescue — who are the other large producers in the world — would simply ramp up production to offset the tonnage lost by Vale. But quite interestingly over the last two weeks [ed. note: this interview was recorded on Feb. 28, 2019], there have been several yearend reports by those companies in which every single one has stated that they are running at maximum capacity — including just this week, Rio Tinto — and that they don’t have the ability to easily ramp up the displaced tonnes. It has caused quite a bit of volatility in the iron ore price. When the disaster first occurred, prices jumped from around US$74 a tonne all the way up to just shy of US$90, and since then have come off a bit, hitting down around US$82. But with Rio Tinto’s announcement earlier this week, they actually pushed up again to around US$84. The key thing that a lot of people don’t appreciate is that although some of these other miners tend to add tonnage to the market, really what they can add though is what we’ll call average 62% material. Unfortunately, the ore coming out of Australia is increasing quite a bit in two major contaminants: phosphorus and alumina. The problem with those contaminants is that it makes steel brittle. If you’re just making, say, rebar for construction, it doesn’t matter if the steel is a bit brittle because it is all encased, but if you’re making a skyscraper, or if you’re going to build a rim for a car, that steel needs to be flexible so that if the car hits a pothole, you don’t want that rim to crack. Or in the case of a building, the building needs to move a little bit with the wind and not have the steel crack. And the best way to reduce the phosphorus and the alumina of course is to blend it with higherquality material like what we have here in Canada, what Vale supplies See IRON ORE / 16

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Scrapbook: YMP Awards gala HONOURS

T

| Andrée St-Germain and José Vizquerra scoop up awards

BY NORTHERN MINER STAFF

he Young Mining Professionals (YMP) — a non-profit group with chapters in Vancouver, Toronto, Montreal, Sudbury, Perth, Brisbane, Johannesburg and London — held its third annual YMP Awards gala in Toronto in early March, with Mining Professional of the Year awards for 2018 handed out to Andrée St-Germain, chief financial officer of Integra Resources, and José Vizquerra, executive vice-president of strategic development and a director of Osisko Mining. The Northern Miner is co-presenter of the YMP Awards in association with the YMP. Barrick Gold, Cassels Brock, KPMG and Rio Tinto were the gala sponsors. TNM

Greg Smith (left), president of Equinox Gold and YMP Vancouver director, and Rohan Hazelton, chief financial officer at Ascendant Resources. They are co-founders of YMP Vancouver.  YMP José Vizquerra, executive vice-president of strategic development and a director of Osisko Mining, and recipient of YMP’s 2018 Peter Munk Award, and Andrée St-Germain, chief financial officer of Integra Resources, and recipient of the YMP’s 2018 Eira Thomas Award.  YMP

Pamela Hojilla, lawyer at Cassels Brock and YMP Toronto executive, and Michael Long, partner in KPMG’s mining tax practice and YMP Toronto director.  YMP

Alex Burelle, manager of investor relations and business development at Stornoway Diamond and managing partner of Vérendrye Capital; and Bianca Déprés, lawyer at McCarthy Tétrault and YMP Montreal co-president.  YMP

Anthony Moreau, business development and innovation manager at Iamgold, YMP Toronto director, and master of ceremonies for the YMP Awards evening in 2019.  YMP

Ayesha Hira, vice-president of corporate development and strategy at Lucara Diamond. Hira represented Lucara Diamond president and CEO Eira Thomas, for whom the female YMP Award is named.  YMP

John Burzynski (left), president and CEO of Osisko Mining, presents the YMP’s Peter Munk Award for 2018 to José Vizquerra, executive vice-president of strategic development and a director of Osisko Mining.  YMP

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From left: John Cumming, editor-in-chief of The Northern Miner; Anthony Vaccaro, publisher of the Northern Miner Group; and Elena Mayer, senior manager, client relationship, mining at PwC Canada, and president and CEO of Women Who Rock. The Northern Miner is co-presenter of the YMP Awards.  YMP

Catriona Beadel, mining executive to CEO Energy & Minerals at Rio Tinto, and YMP London founder and team member.  YMP

George Salamis, president and CEO of Integra Resources, presents the YMP’s Eira Thomas Award for 2018 to Andrée St-Germain, chief financial officer of Integra Resources.  YMP

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Guyana Goldfields’ reserves drop 43% with new deposit model GOLD

| New mine plan at Aurora creates ‘solid foundation for the future,’ CEO Scott Caldwell says

BY TRISH SAYWELL

T

tsaywell@northernminer.com

he amount of gold in proven and probable reserves at Guyana Goldfields’ (TSX: GUY) Aurora mine in Guyana has been lowered 1.69 million oz., compared with estimates a year ago, based on “a new and more appropriate mine model,” the company says. Tota l proven a nd probable reserves in open-pit and underground categories at the end of 2018 stand at 2.27 million oz. gold (in 26.95 million tonnes grading 2.63 grams gold per tonne), down from 3.97 million oz. (43 million tonnes at 2.87 grams gold) at the end of 2017. Year-over-year, that represents a 37% drop in tonnage, an 8% drop in grade and a 43% drop in gold ounces in the reserve category. Of the reserve shortfall, 188,000 oz. gold came from depletion from mining, and 1.51 million oz. from the revised model, completed by Roscoe Postle Associates. The updated mineral reserves are an estimate for open-pit and underground production based on the company’s revised resource model. The new methods are based on an interpretation of the style and structural controls of certain mineralization areas, resulting from open-pit production and geological mapping, 12,801 metres of new core drilling, and the relogging of 50,000 metres of drill core. Modelling parameters — including grade-capping, domain boundaries, and kriging algorithms — were also modified, in addition to updated cut-off grades and openpit optimization. Measured and indicated resources in open-pit and underground categories inclusive of reserves now total 40.6 million tonnes grading 3.07 grams gold per tonne for 4 million contained oz. gold, and inferred resources add another 27.5 million tonnes grading 2.28 grams gold per tonne for 2 million oz. gold. Ron Stewart, the company’s senior vice-president of technical services and corporate development, addressed the discrepancies

An aerial view of the pit at Guyana Goldfields’ Aurora gold mine in Guyana.   GUYANA GOLDFIELDS

during a question-and-answer session on the company’s March 27 conference call. “In terms of the resource — the parameters or the way it was previously modelled in Rory’s Knoll — there was a subdomain of high grade that was plus five grams per tonne that was modelled uniquely as a subdomain, so it had a hard boundary to estimate grades within that at plus 5 grams per tonne, but they had a porous boundary out of that high-grade domain, so they allowed the high-grade data to influence blocks outside of that. “And similarly in that same area, they had an internal waste domain where they excluded assays from inf luencing block grades, so the combination of the two subdomains in Rory’s Knoll — the high-grade subdomain treatment of data and the low grade, or the waste, rather, internal waste subdomain — conspired to inf late grades in a local area. We

The mill at the Aurora gold mine.   GUYANA GOLDFIELDS

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“ANY [NATIONAL INSTRUMENT 43101 RESOURCE ESTIMATE] IS A SNAPSHOT IN TIME. IT TAKES CURRENT UNDERSTANDING OF COSTS, AND CURRENT UNDERSTANDING OF THE GEOLOGY AND THE MINERAL SYSTEM.” RON STEWART SENIOR VP OF TECHNICAL SERVICES AND CORPORATE DEVELOPMENT, GUYANA GOLDFIELDS

hadn’t seen that kind of problem previously higher up in the open pit, because the drill density was so tight that no matter what was done from a resource-modelling point of view, it didn’t go awry. But when we got into fourth-quarter [2018], we got into an area where there was particularly high-grade exploration holes that populated blocks, inflated grades — so that was the local grade problem we had experienced in the fourth quarter.”

Since commercial production at Aurora began three years ago, the open-pit mine has produced more than 500,000 oz. gold. Last year, production totalled 150,450 oz. gold, and the company expects to produce 145,000 to 160,000 oz. gold in 2019. According to a new life-of-mine plan, recovered gold production over Aurora’s remaining 13-year mine life will amount to 2.2 million oz. gold at an average head grade of 2.6 grams gold per tonne. Production will average 218,000 oz. gold per year for the first five years (2019–2023), and is expected to peak in 2024 at 251,000 oz. gold. Average operating cash costs, including royalties, are estimated to add up to US$813 per oz., and all-in sustaining costs (AISCs) at the mine site would total US$930 per ounce. Of the 2.1 million oz., 24% is expected to be sourced from openpit mining, and the other 76% from underground. The life-of-mine plan estimates that US$124 million would build the underground mine, with another US$256 million for sustaining capital. Underground mining would occur via decline access, with most tonnes mined from the Rory’s Knoll deposit, using a combination of long-hole open stoping with backfill sublevel retreat, and sublevel caving. At the Mad Kiss and Aleck Hill satellite deposits, the company says it will use longhole open stoping with sill and rib pillars to lower the backfill requirement. Guyana Goldfields expects un-

derground production will average 5,200 tonnes per day over the life-of-mine, and management says underground development could upgrade and expand the underground resources through exploration drilling. “Clearly, the future of this property has been and continues to be the transition from open pit to underground,” Scott Caldwell, the company’s president and CEO, said on the conference call. “We will begin work on our exploration drifts ... and we’ll continue to gather more data as that drift gets deeper and deeper.” While it was “not good news the resource went down,” Caldwell said, the new life-of-mine plan has “created a solid foundation for the future of the company.” “One thing I’d really like to point out,” he said, “if you look at the lifeof-mine plan, management believes that at today’s spot prices, we can self-fund this program out in the future. We can generate enough cash to maintain an adequate cash balance and service our debt, which at the end of the year was US$40 million. We had around US$82 million in cash. So we can generate enough cash through the life-ofmine plan and the transition to underground, and all the activities we’ve got — corporate general and administrative — service the debt [and] exploration, so it’s a solid plan.” Stewart said that the company sees exploration potential underneath the satellites — Mad Kiss, East Walcott and Aleck Hill — all of which “offer a great opportunity for us to supplement the Rory’s Knoll system with high-grade, vein-style mineralization that we think will really change the economics of the project going forward. “So on balance, what we think we’ve got here is a far stronger, more solid foundation, with great opportunities to enhance this as we move forward,” he said. “Any [National Instrument 43-101 resource estimate] is a snapshot in time. It takes current understanding of costs, and current understanding of the geology and the mineral system. The evolution of this project going forward — we see an opportunity to reduce costs, change the capital format of the development of underground, change the underground, even look at certain underground mining techniques that could benefit this project. So the amount of benefits that we still have in front of us are considerable. We are looking forward to moving forward through the next couple of years, and transitioning this into a stable, long-term underground producer.” Last year, Aurora produced 150,450 oz. gold, a year-on-year decrease of 10,050 oz., mainly attributable to a lower head grade of 2 grams gold, compared with 2017’s 2.46 grams gold. The mill averaged throughput of 7,100 tonnes per day. Cash costs before royalties in 2018 were US$712 per oz., up from 2017’s US$556 per oz., while 2018 AISCs reached US$1,097 per oz., up from 2017’s US$846 per ounce. At press time, Guyana Goldf ields’ shares were trading at $1.13 — a new 52-week low. Its shares traded at a 52-week high of $5.42 on May 9, 2018. The company has a $196-million market capitalization. TNM

2019-04-09 7:03 PM


GLOBAL MINING NEWS

THE NORTHERN MINER / APRIL 15–28, 2019

PRESENTS

7

Canada’s Premier Mining Industry Showcase in UK HEADLINE SPEAKERS

Presented by

PRESENTS

And co-hosted by The High Commission of Canada in the UK

Mark Bristow President & CEO Barrick

David Harquail CEO Franco-Nevada Chairman World Gold Council

Steve Letwin President & CEO IAMGOLD

Peter Marrone Executive Chairman Yamana Gold

Eira Thomas President & CEO Lucara Diamond Corp

GOLD SPONSOR

PROVINCE & TERRITORY PARTNERS

SILVER SPONSORS

PRESENTING SPONSORS

BRONZE SPONSORS

NICKEL SPONSORS

Osisko Gold Royalties

Grid Metals Corp.

May 22, 2019 Canada House, Trafalgar Square London, UK

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2019-04-09 1:44 PM

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APRIL 15–28, 2019 / THE NORTHERN MINER

Troubadour reviews Zeballos gold camp in BC GOLD

| Ownership consolidated at past-producing site on Vancouver Island

BY RICHARD QUARISA

T

rquarisa@northernminer.com

roubadour Resources (TSXV: TR; US-OTC: TROUF) is midway through a due diligence program on its 13 sq. km Privateer gold property near the town of Zeballos, on Vancouver Island’s northwest coast. In March 2019, the company signed a letter of intent to acquire the property, and says its initial review indicates the potential to expand known veins around pastproducing mines on the property. “What’s really key about this is the fact that it’s the whole Zeballos gold camp,” Troubadour president Geoff Schellenberg says in an interview with The Northern Miner. “It’s a historic past-producing gold camp, and this is the first time there has been consolidated ownership.” Over 90% of the past production on the property occurred in the six years before World War 2. When the war ended, miners returned to a low gold price and never reopened the mines. “It basically sat dormant due to the fractional ownership until a private group, a couple of years ago, started acquiring and consolidating the camp,” Schellenberg says. Though the property had operators in the late 1980s and early 2000s, the private company performed the first serious exploration on the property since the 1930s. Over the past two years, that company drilled 12,000 metres at the property, and actually hit a brand-new vein with its first hole, discovering the 88 Vein and tracing it across a 130-metre strike length. The vein is highlighted by 1,387 grams gold per tonne over 0.3 metre from 85 metres downhole. The vein is open along strike to the northeast, southwest and at depth.

THE PERFECT

GIFT

Visible gold on a section of the 88 vein discovery hole at Troubadour Resources’ Privateer gold project on Vancouver Island.   TROUBADOUR RESOURCES

Troubadour says the vein is likely an extension of the vein system at the past-producing Privateer mine. “Now that the land package is consolidated, you can really see the exploration potential,” Schellenberg says. “Before a lot of operators on it would be hesitant on exploring too close to their property boundaries because they didn’t want the guy next door to know what they had.” The company says a 275-metre strike distance between the 88 Vein and the Privateer mine’s No. 2 vein is a high-priority drill target. The property also hosts the pastproducing Prident mine and White Star mine. Drilling in 2018 near Prident cut 5.81 grams gold over 7 metres from 51 metres downhole, stepping out 50 metres northeast from the mine’s known mineralization extent. Near White Star, 2018 drilling cut 24.2 grams gold over 1 metre from 61 metres downhole, stepping out 80 metres southwest of known mineralization. “There are a lot of similarities

between the mines in the area,” Schellenberg says. “All the veins trend the same direction, and they’re all in relatively close proximity to each other, as well, so there’s a lot of room for expansion — perhaps tying these historic mines together — because the systems don’t just stop. There’s probably some continuity in the system.” Historic production at the Zeballos camp until 1982 totalled 334,000 tonnes of milled ore for 304,309 oz. gold. The Privateer property covers 99% of this production. The Privateer mine produced 170,440 oz. gold, and, along with the Prident mine, hosts a historic 122,500 measured tonnes at 9.26 grams gold for 36,461 oz. gold and 324,800 indicated tonnes grading 15.09 for 157,565 oz. gold. “If we can potentially put in some confirmatory drill holes and prove that up to a National Instrument 43-101 compliant resource, that’s a very good start as a springboard for this property,” Schellenberg says. “These are shallow vein structures,

A bridge on the Privateer gold property on Vancouver Island.   TROUBADOUR RESOURCES

and that’s going to be the key for economics.” If Troubadour acquires Privateer, it will start exploring the property this year. It will likely begin with a regional geological mapping pro-

The Art and Humour of John Kilburn Cartoons from A hilarious, 262-page anthology of mining cartoons by The Northern Miner’s resident cartoonist John Kilburn. Unique in its scope and ambitions, this anthology gathers the best Northern Miner cartoons created over 25 years by John Kilburn, a Vancouver-based mining professional who has worked in Western Canada as a mining engineer, broker, journalist, equity analyst and investor. Kilburn stylishly captures the mining sector’s biggest events over the past quarter century as well as its perennial conundrums with a cast of characters that includes engineers, geologists, miners, promoters, executives and environmentalists. Joining the cast are coal mine canaries, camp dogs and llamas, plus a special appearance by Santa. With a foreword by Pierre Lassonde, cofounder and chairman of Franco-Nevada, an introduction by John Cumming, editor-in-chief of The Northern Miner, and hundreds of boisterous JK mining cartoons like you’ve never seen them before. Specifications: 7.8” by 10”, 262 pages, B&W with a colour cover, ISBN 978-1-987932-00-3 C$34.99 plus shipping and applicable taxes.

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gram, which has never been done on the property. Troubadour went public in June 2018 with the Amarillo copper property in southern B.C., 10 km south of the past-producing Brenda copper-molybdenum mine. “What led us to that property was a historic trench done in the 1960s that graded 0.87% copper over 125 metres, and that was subsequently mis-plotted,” Schellenberg says. The trench was plotted 2 km north of its actual location. As a result, the property saw very little exploration in the next years. Instead, the ground to the north got the most attention. “One of the guys at our office during slower times went back to the old reports and realized that where it was plotted didn’t make sense,” Schellenberg says. The company then developed drill targets by performing a geochemical and geophysical program on the property. It drilled Amarillo’s first-ever hole at the end of 2018. In total, it drilled 1,300 metres at the property across four holes, finding what Schellenberg calls “encouraging” alteration. He says the company feels it’s right on the edge of the porphyry system. Assays from the program are still pending. The company will continue exploring Amarillo in the next few months, drilling between 1,500 and 2,000 metres. “We’re trying to vector in on the richest mineralization in this porphyry system,” Schellenberg says. “The fact that we hit some alteration in those first few drill holes is key, because that definitely puts us ahead of the game. We know which way to go and have a great idea of where to drill next.” Troubadour shares are trading at 12¢ in a 52-week range of 8¢ to 25¢. The company has a $2-million market capitalization. TNM

2019-04-09 7:03 PM


GLOBAL COPPER

SPECIAL FOCUS

Crown Mining’s Moonlight-Superior copper property in northeastern California.   CROWN MINING

Ivanhoe tests area near Kamoa North discovery hole DRC

Chakana Copper advances Soledad in Peru

| New high-grade copper zone is ‘shallow,’ ‘thick’ and ‘flat-lying’

BY TRISH SAYWELL tsaywell@northernminer.com

I

n January, Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) reported a 22-metre intercept of 13.05% copper at a 2% cut-off in a shallow, flat-lying discovery sitting within 190 metres of surface at Kamoa North, an exploration area on the company’s Kamoa-Kakula mining licence in the Democratic Republic of the Congo (DRC). The drill hole — 1450 — is 18 km north of the Kamoa-Kakula project’s planned initial mine at the Kakula deposit, and 8 km north of Kamoa’s Kansoko mine development. Ivanhoe founder and executive co-chairman Robert Friedland said at the time that 1450 “exceeds See IVANHOE / 14

EXPLORATION

| Junior developer has more than 60 targets BY TRISH SAYWELL

S

tsaywell@northernminer.com

ince exploration began in August 2017 at its Soledad copper-gold-silver project in Peru, Chakana Copper (TSXV: PERU; USOTC: CHKKF) has drilled four of 17 confirmed breccia pipes, pinpointed another 12 targets, and tripled its land position in the district to 31 square kilometres. The company drilled 25,200 metres in 94 holes in its first round

A drill rig at Ivanhoe Mines’ Kamoa North copper project in the Democratic Republic of the Congo.   IVANHOE MINES

See CHAKANA / 14

The Ambler Mining District: An Emerging World Class Copper, Zinc, and Precious Metals District Trilogy Metals Inc. is a metals exploration company focused on exploring and developing the high-grade Ambler mining district in Alaska. The Company controls the mineral rights to approximately 353,000 acres of land containing two known mineral belts, the Ambler Schist Belt — a belt of polymetallic volcanogenic massive sulphide deposits (VMS), and the Bornite Carbonate Sequence — a series of carbonate-hosted copper replacement deposits. So far exploration work has outlined several deposits, including the Company’s Arctic (PFS stage) and Bornite (exploration stage) deposits which host over 8 billion lbs of copper, 3 billion lbs of zinc and over 1 million oz of gold equivalent precious metals. Trilogy Metals has an agreement with South32 Ltd which granted the option to form a 50/50 JV in the Alaskan assets for a minimum investment of US$150 million. In February 2018, the Company released a Pre-Feasibility study (PFS) at Arctic demonstrating a significant improvement over the 2013 PEA. Together with its partners, Trilogy is advancing the Arctic project towards a construction decision while expanding the resources at Bornite.

· · ·

· · ·

Alaska – Safe & Mining Friendly Jurisdiction 100% owned, low capex + low opex asset Arctic – among the highest grade VMS deposits in the world: Reserves of 43MT of 5% CuEq (2.3% Cu, 3.2% Zn, 0.57% Pb, 0.49 g/t Au, 36 g/t Ag); PFS highlights – Post Tax NPV8% of US $1.4 Billion with 33% IRR and 2 year payback Bornite deposit : 125MT at 1% Cu open pittable, 58MT at 2.9% Cu underground, and open for expansion Strong Partnerships: Infrastructure Partnership with State of Alaska, Financial Partnership with South32, Local Partnership with NANA, an Alaska Regional Native Corporation Proven management team aligned with shareholders

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P: 1(855) 638-8088 E: info@trilogymetals.com www.trilogymetals.com NYSE-American TMQ

TSX: TMQ

2019-04-09 7:03 PM


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APRIL 15–28, 2019 / THE NORTHERN MINER

GLOBAL COPPER

WWW.NORTHERNMINER.COM

BHP’s 57.5%-owned Escondida copper mine in Chile’s Atacama Desert, which is the world’s largest copper mine.  BHP

Copper mine output rises 2.3% in 2019: ICSG

FACTS ‘N’ FIGURES   The following is an edited release from the International Copper Study Group (ICSG) showing preliminary data for world copper supply and demand for 2018. For more detailed information, visit www.icsg.org. Mine production Preliminary data shows that world mine production is estimated to have increased 2.3% in 2018, with concentrate production rising 2.2%, and solvent extraction-electrowinning (SX-EW), 3.2%.

| Chilean mine production up 6%, with Escondida at full steam The increase in world mine pro- country, increased 6% because duction of 460,000 tonnes copper output in February and March BESIDES THE RESTART OF KATANGA’S principally owed to constrained 2017 was restricted by a strike at 300,000 TPY COPPER MINE IN THE DRC, output in 2017 (mainly in Chile, Escondida — the world’s largest NO MAJOR NEW COPPER MINE STARTED Indonesia and the Democratic copper mine. Republic of the Congo) and to an Indonesian concentrate out- IN 2018. unusually low rate of overall supply disruptions in 2018. Besides the restart of Katanga’s 300,000 tonne-per-year copper mine in the DRC, no major copper mine started in 2018. Production in Chile, the world’s biggest copper-mine producing

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put grew 5%, due to the fact that comparative output in 2017 was negatively affected by a temporary ban on concentrate exports that started in January and ended in April. SX-EW production in the DRC increased 16% and Zambian mine output increased 8%, as a result of the restart of temporarily closed capacity in both countries. After a strong increase over the last few years due to new and expanded capacity, output in Peru — the world ’s second-largest, copper-mine-producing country — stabilized. Although no major mine supply disruptions occurred in 2018, growth was partly offset by lower output in Canada (-10%) and the United States (-3%). On a regional basis, mine production is estimated to have increased 10% in Africa, 3.5% in Latin America and 10% in Oceania, but declined 4% in North America, and remained essentially unchanged in Asia and Europe.

Refined production Early data shows world refined production increased 1.5% in 2018, with primary production (electrolytic and electrowinning) increasing 2% and secondary production (from scrap) declining 1%. World growth was constrained by an unusually high frequency of smelter disruptions and temporary shutdowns for technical upgrades and modernizations. The main contributor to the growth in world-refined production was China, due to its continued expansion of capacity. A 1.3% rise in Chi le was a consequence of a recovery from 2017, when output was negatively impacted by a series of smelter maintenance shutdowns. However, despite this increase, Chilean output in 2018 was still 6% lower than in 2016, as it was also impacted by temporary smelter shutdowns,

while undergoing upgrades to comply with the new environmental regulation. Japanese output rose 7%, recovering from lower output in 2017, when a major smelter undertook extended maintenance. Increases in SX-EW output in the DRC and Zambia also contributed to world refined production growth. Overall growth was partly offset by a 34% decline in India’s output due to the shutdown of Vedanta’s Tuticorin smelter in April and declines in Germany, the Philippines and Poland, as a consequence of maintenance shutdowns and operational issues. On a regional basis, refined output is estimated to have increased in Africa (10%), Asia (1%), Europe (1.5%), Oceania (5%) and Latin America (1%). Refined usage Preliminary data indicates that world apparent refined usage is estimated to have increased 2% in 2018. Chinese apparent usage grew 5%, driven by a 20% increase in net refined copper imports. It is possible this development was influenced by a tightness in the availability of scrap in China. Among other major copper users, demand increased in India, Japan, the U.S. and the EU, but declined in Russia, South Korea and Taiwan. Preliminary data indicates that world ex-China usage was essentially the same. Refined copper balance Preliminary world refined copper ba lance for 2018 shows a 390,000-tonne deficit. In developing its global market balance, ICSG uses an apparent demand calculation for China that does not take into account changes

in unreported stocks (State Reserve Bureau, producer, consumer, merchant/trader, bonded). To facilitate global market analysis, however, an additional line item — refined world balance adjusted for Chinese bonded stock changes — is included in a related table that adjusts the world refined copper balance, based on an average estimate of changes in unreported inventories provided by three consultants with expertise in China’s copper market. Lower growth in world refined production, as explained above, combined with strong Chinese appa rent usage resu lted i n a 390,000-tonne deficit in 2018. After adjusting the world refined copper balance for changes in Chinese bonded stocks, the market deficit was 450,000 tonnes. Copper prices and stocks Based on the average of stock estimates provided by independent consultants, China’s bonded stocks are thought to have declined 60,000 tonnes in 2018, compared to the year-end 2017 level. Bonded stocks increased 5,000 tonnes in 2017. At the end of February, copper stocks held at the major metal exchanges (LME, Comex, SHFE) totalled 395,125 tonnes, an increase of 44,629 tonnes (+13%) from stocks held at the end of December 2018. Stocks were down at the LME (-5%) and Comex (-49%), and up at SHFE (84%). The average LME cash price for February was US$ 6,278.20 per tonne — up 5.8% from the January 2019 average of US$ 5,932.02 per tonne. The 2019 high and low copper prices through the end of February were US$6,546 per tonne (on Feb. 25, 2019) and US$5,811 per tonne (on Jan. 3, 2019), and the year average was US$6,096.87 per tonne (7% below the 2018 annual average). TNM

2019-04-09 7:03 PM


GLOBAL COPPER

GLOBAL MINING NEWS

THE NORTHERN MINER / APRIL 15–28, 2019

11

COPPER SNAPSHOT

Eight companies hunting for the red metal Compelling supply and demand projections for copper in the years ahead makes the red metal one of the favourites of industry observers, who see flat-lining mine supply running into increased demand as the world continues to achieve greater electrification. Here’s a look at eight active juniors with substantial copper assets in their property portfolios.

million units at 11¢ per unit. Each unit consists of a share and half a warrant, with each whole warrant entitling the holder to buy another share for 13¢ during the first 12 months, or 15¢ during the second 12-month period. In its first-quarter results, Copper Fox said that the multi-disciplinary team established by the Schaft Creek joint venture in 2018 to describe and characterize several development scenarios for the Schaft Creek deposit will continue its work in 2019. The joint venture plans to strengthen the project management team to complete more scoping-level engineering and design work based on the 2018 program to assess opportunities associated with a range of development scenarios, the focus of which is to improve financial returns over those outlined in a 2013 feasibility study.

AURYN RESOURCES While Vancouver-based junior Auryn Resources (TSX: AUG; NYSE-AM: AUG) is primarily a gold explorer with its flagship Committee Bay gold project in Nunavut, it does have a large copper-gold porphyry project in its portfolio in the form of the 1,200 sq. km Sombrero copper-gold property, located 340 km southeast of Lima in southern Peru at a 3,900-metre elevation, with road and power access.

The company adds that “positive exploration results from the Mineral Mountain and Van Dyke projects strongly suggest that additional exploration work is warranted on both projects.”

The property is located in the Andahuaylas-Yauri geological belt, and Auryn interprets it to be on the northwestern margin of the Eocene–Oligocene-aged coppergold porphyry and skarn belt that hosts the Las Bambas, Haquira, Los Chancas, Cotambambas, Constancia, Antapaccay and Tintaya deposits. Auryn’s principal target at Sombrero is copper-gold skarn mineralization, which the company says has “geological similarities to the Tintaya and Las Bambas mines,” though it says samples being collected at Sombrero are coppergold, rather than molybdenumgold. In addition, Auryn notes a layer of volcanic cover that is between 5 to 25 metres thick at Sombrero, which is not seen farther east where the Los Chancas, Las Bambas and Tintaya mines are located. The first trench of Auryn’s 2019 program at Sombrero was Trench 20 in the Fierrazo concession, and it has delivered 232 metres of 0.55% copper equivalent (0.47% copper and 0.13 gram gold per tonne), including 40 metres of 1.26% copper equivalent (1.23% copper and 0.05 gram gold). Auryn acquired the rights to the Sombrero property through an option agreement with Alturas Minerals, whereby to exercise the option and acquire a participating interest for 80% of the Sombrero concessions, Auryn must incur up to US$2.1 million in work expenses within five years, and make cash payments of $200,000. CAMINO MINERALS

COPPER MOUNTAIN MINING

A worker at Copper Mountain Mining’s namesake copper mine in British Columbia.   COPPER MOUNTAIN MINING named the Lidia Zone, which spans 3 by 4 km, and is located 5 km northwest of the main Adriana copper zone. Camino says Lidia “adds an entirely new type of exploration target to the property comprising a large area of copper and gold anomalism, which is extremely interesting.” Camino has collected 238 rock samples in the Lidia area, and comments that “although somewhat selective in nature, [they] collectively average 0.20 gram gold per tonne and 0.75% copper, with individual samples returning values of up to 11.1 grams gold and 23.4% copper.” This mineralization is hosted within stockwork quartz veins, some of which are associated with zones of shearing and brecciation within the host monzonite. This year’s exploration program at Los Chapitos will further examine the Lidia zone and identify possible drill targets for a drill program. The work will include geological mapping, channel and or trench sampling, and geophysical surveying.

Led by president and CEO Stephen Hughes, Toronto-based Carube Copper (TSXV: CUC) is focused on exploring and developing copper and gold projects in Jamaica and Canada.

Today, Camino is led by president and CEO John Williamson and is focused on copper and gold projects in Peru, though it also has assets in Mexico, the U.S. and Canada.

In Jamaica, Carube holds full interest in 11 licenses totalling 535 sq. km, while in Canada, it holds full interest in three porphyry coppergold-molybdenum properties totalling 492 sq. km, within the Tertiary-aged Cascade magmatic arc of southwestern British Columbia.

In March, Camino reported its newest discovery at Los Chapitos

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copper and 7.8 grams silver per tonne; the Lime Valley prospect, returning 2 metres of 6.07% copper and 19.4 grams silver; and the Trout Hall prospect, returning 6 metres of 2% copper. COPPER FOX METALS

In January, Carube reported from its ongoing surface exploration program at its Main Ridge project in Jamaica, with assay results from recent soil and rock sampling over the eastern area of the property. Carube says mapping and prospecting in conjunction with a grid-based soil sampling program and follow-up rock channel sampling has found highgrade, copper-silver mineralization along the Rio Minho Valley, located northeast of and parallel to the Bennett gold zone.

Calgary-based Copper Fox Metals (TSXV: CUU; US-OTC: CPFXF) is focused on exploring and developing copper projects in Canada and the U.S. — most notably its 25% interest in the Schaft Creek joint venture with Teck Resources (TSX: TECK.B; NYSE: TECK) on the Schaft Creek copper-gold-molybdenum-silver project in northwestern B.C., and full ownership of the Van Dyke insitu-leach, oxide copper project in Miami, Arizona.

Channel sampling highlights include: the Cobre Verde prospect, returning 16 metres of 1.22%

In March, the company announced a $1.5-million, non-brokered private placement consisting of up to 13.6

The Vancouver-based company says that with a 5,000-tonne mill expansion to 45,000 tonnes per day and integration of the New Ingerbelle pit, the Copper Mountain mine is expected to have a 26-year mine life and produce an average of 116 million lb. copper equivalent per year. The rosier numbers come from a new integrated mine plan unveiled February 2019, which was highlighted by a 102% increase in reserves; a 27% increase in anticipated average annual copper equivalent production to 116 million lb.; a 12-year mine-life extension; and a decrease in C1 cash costs to US$1.87 per lb. produced, compared to numbers filed in November 2018. The new mine plan is a phased approach, with the first phase being

See SNAPSHOT / 12

CARUBE COPPER

Edmonton-based explorer Camino Minerals (TSXV: COR; US-OTC: CAMZF) was spun out of Canplats Resources in 2010 after its $300-million acquisition by Goldcorp, which wanted Canplats’ 4 million oz. gold Camino Rojo goldsilver discovery in Mexico.

In Peru, its flagship asset is its Los Chapitos copper-gold project, which covers 200 sq. km near Chala in the country’s southern region.

May 2018, whereby Tocvan has an option to acquire up to an 80% interest in Carube’s Rogers Creek Property, which covers 212 sq. km in the Lillooet mining district in the Cascade magmatic arc, 90 km northeast of Vancouver.

Copper Mountain Mining (TSX: CMMC; US-OTC: CPPMF) is a singleasset copper producer, with its Copper Mountain mine in southern B.C., which produces 90 million lb. copper equivalent per year.

In mid-March, Carube reported that it had received 500,000 shares of newly listed, Calgary-based Tocvan Ventures (CSE: TOC) and been paid $25,000, pursuant to an option agreement struck in

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APRIL 15–28, 2019 / THE NORTHERN MINER

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Filo tables study for flagship project on Chilean-Argentine border COPPER

| Latest drilling confirms porphyry beneath current resource

“We’ll do a program this year to test some of what we’re calling the ‘sulphide transitional zone’ to see if any of that material’s leachable,” Filo president and CEO Adam Lundin says in an interview with The Northern Miner. “If material from this ‘transitional zone’ is leachable, it will be quite easy to update the PFS to incorporate that.” The company recently completed a seven-hole drill program at Filo to evaluate the sulphide mineralization sitting below the oxide mineralization in the current deposit. The holes potentially indicate a large coppergold porphyry lies underneath the current resource.

“Our hope is to prove the concept that there’s a copper porphyry system at depth,” Lundin says. “We have an oxide cap, and we thought ‘What put that mineralization there? It’s probably a porphyry at depth, but how deep is that porphyry, and is it directly under our d--eposit?’ “We came up with the view after the team did a bunch of work that the deposit is telescoped, and we viewed the porphyry as probably sitting right underneath the oxide cap.” The company hopes to have proved this theory with its first two holes, drilled 500 metres apart. The first hole cut 0.3% copper, 0.22 gram gold and 1.6 grams silver over

1,025 metres from surface, and the second hole cut 0.39% copper, 0.34 gram gold and 1.6 grams silver over 614 metres from surface. Both holes ended in mineralization. The deposit remains open both at depth and laterally. The company is waiting for assays for the five remaining holes, and expects to get them before May 2019. Filo drilled the holes to depths of 600 metres, and spaced them an average 500 metres apart. “That was uncharted waters for us,” Lundin says. “Those were new rocks we were going into, and so to be able to have that success was very exciting for us. Next season I think we’ve already seen enough where we want to do a follow-up program, and try to vector down on the results we’re going to have.” The company will also continue its baseline studies this year, and drilling to define a water resource in Argentina. Lundin says the company can pull groundwater in Argentina, “which is a big benefit to having the majority of the project sit in Argentina.” Filo is part of a binational treaty between Argentina and Chile allowing the company’s workforce to move freely across the border. The company will have to code its block model, so ore it pulls from Chile and Argentina is taxed under each country’s respective tax code, and it will have to permit the project in both countries. Shares of Filo Mining are trading at $2.65 in a 52-week range of $2 to $2.70. The company has a $193-million market capitalization. Filo ended 2018 with $2.4 million in cash. It obtained two unsecured US$5-million credit facilities in early 2019. It has explored less than 20% of its Filo del Sol land package to date. TNM

DUVNF) changed its name from Duran Ventures in September 2018 to better reflect its focus on completing the final stages of commissioning its mineral processing plant in northern Peru and developing its exploration property portfolio in the country.

Peruvian Metals then expects to fund plant expansion via internal cash flow from the plant.

tonnes at 0.45 gram gold, 0.30% copper, 2.6 grams silver and 30 parts per million molybdenum.

The junior’s exploration properties in the country include the Mamanina porphyry copper project; the Panteria copper-molybdenumgold project; and the Minasnioc epithermal gold-silver project.

Seabridge says the new resource estimate has “achieved the targeted size and grade, which are likely to warrant moving the Iron Cap deposit ahead of the Kerr and Sulphurets deposits in the project’s mine plan.

BY RICHARD QUARISA

E

rquarisa@northernminer.com

arlier this year, Filo Mining (TSXV: FIL; US-OTC: FLMMF) unveiled a prefeasibility study (PFS) for its Filo del Sol copper-gold-silver project, 140 km southeast of Copiapo, Chile, on the border between Chile and Argentina. The study assigns the project a US$1.3-billion, after-tax net present value at an 8% discount rate and a 23% after-tax internal rate of return. It uses metal prices of US$3 per lb. copper, US$1,300 per oz. gold and US$20 per oz. silver. The project would produce on average 67,000 tonnes copper, 159,000 oz. gold and 8.65 million oz. silver per year over a 14-year mine life at US$1.23 per lb. copper equivalent cash costs, and achieve payback in 3.4 years. It would require US$1.27 billion in initial capital and US$217 million in life-of-mine sustaining capital. The study also included a maiden reserve estimate for the project. Filo del Sol contains 259.1 million probable tonnes grading 0.39% copper, 0.33 gram gold per tonne and 15.1 grams silver per tonne for 2.2 billion lb. copper, 2.76 million oz. gold and 126 million oz. silver. Split between oxides and sulphides, the project contains a total 425.1 million indicated tonnes grading 0.33% copper, 0.32 gram gold and 10.7 grams silver for 3.1 billion lb. copper, 4.4 million oz. gold and 146.8 million oz. silver, as well as 175.1 million inferred tonnes at 0.27% copper, 0.33 gram gold and 6.2 grams silver for 1.05 billion lb. copper, 1.8 million oz. gold and 34.7 million oz. silver. The resource is based on 44,600 metres of drilling in 158 reverse-circulation holes, and

Outcropping mineralization at Filo Mining’s Filo del Sol copper-gold-silver property in Chile.   FILO MINING

30 core holes. In oxides alone, the project has 349.6 million indicated tonnes grading 0.34% copper, 0.32 gram gold and 12.6 grams silver for 2.65 billion lb. copper, 3.6 million oz. gold and 141.3 million oz. silver, as well as 103.9 million inferred tonnes at 0.26% copper, 0.32 gram gold and 8.7 grams silver, for 585 million lb. copper, 1.08 million oz. gold and 29 million oz. silver. The reserve estimate only includes the oxide part of the current mineral resource, as Filo has yet to test if its sulphides are leachable. All of its leachable oxides, however, made it into the project’s reserves.

COPPER SNAPSHOT SNAPSHOT From 11 the plant expansion, which would require installing a third ball mill and could be completed as early as 2020 and would cost US$25 million. The second phase would be developing New Ingerbelle, which requires capital of US$23 million. The after-tax net present value of the new plan is US$619 million at an 8% discount rate. Meanwhile, Copper Mountain Mining says it has a “robust development organic growth pipeline” that includes the permitted, development-ready Eva copper project in Queensland, Australia, which could contribute another 100 million lb. copper equivalent per year, when in production. GT GOLD Led by president and CEO Steve Burleton and vice-president of exploration Charles J. Greig, junior explorer GT Gold (TSXV: GTT; US-OTC: GTGDF) says it is “advancing the most important new gold-copper discoveries in the northern part of British Columbia’s rich Golden Triangle since the discovery of the nearby Red Chris deposit,” with GT Gold’s discoveries collectively held within the wholly owned, 432 sq. km Tatogga gold

1-16_APRIL15_Main .indd 12

property. The Vancouver-based firm describes the Saddle discovery area, located up a valley just 10 km off Highway 37, as a combination of shallow, bulk-tonnage-style gold at surface, and, just below, deep, high-grade underground-style gold at Saddle South, with a massive new coppergold-silver porphyry system “right next door that is reminiscent of Red Chris.” GT Gold has been developing the various grassroots Saddle goldsilver-copper prospects since 2011, and in March said it was still planning its 2019 drilling campaign at Tatogga. In tabling its final results from 2018, GT Gold said that the program “was successful in extending the high-grade epithermal system discovered in 2017 along strike by several hundred metres, and to a similar depth beneath largely covered and untested areas east and west of Saddle Ridge. Highgrade intercepts within numerous broadly mineralized intervals continue to increase the extent of the Saddle South mineralized system.” PERUVIAN METALS Toronto-based junior Peruvian Metals (TSXV: PER; US-OTC:

Directors and officers of the company include: Jeffrey J. Reeder, chairman and CEO; John P. Thompson, director; Steve Brunelle, director; William R. (Rick) Brown, director; Oscar Franciso Pezo Camacho, director; and Daniel Hamilton, chief financial officer. Peruvian Metals owns an 80% interest in the Aguila Norte process plant, located just off the Pan American highway near the large city of Trujillo in northern Peru. The company says “abundant small-scale mining activity occurs in northern Peru, but there are very few independent processing facilities available. The Aguila Norte mineral processing plant hosts crushing, milling, gravity separation and flotation circuits, with an initial throughput capacity of 100 tonnes per day. Peruvian Metals anticipates feeding high-grade polymetallic and precious-metal sulphide minerals through the process plant to deliver high-value concentrates available for sale to the Peruvian metal trading market.”

SEABRIDGE GOLD Seabridge Gold (TSX: SEA; NYSE: SA) continues its work advancing some of North America’s largest gold-copper deposits, most notably the KSM and Iskut properties near Stewart, B.C.., and the Courageous Lake gold project in the Northwest Territories. In March, Seabridge substantially boosted the resource estimate for the Iron Cap deposit, which is one of four large gold-copper porphyry deposits within its wholly owned KSM project. The new resource figure incorporates all previous drilling, plus 20,341 metres of diamond core drilling completed in 18 holes during 2018. Iron Cap’s indicated resources now stand at 423 million tonnes grading 0.41 gram gold per tonne, 0.22% copper, 4.6 grams silver per tonne and 41 parts per million molybdenum, while inferred resources have swelled to 1.9 billion

Chairman and CEO Rudi Fronk said that Seabridge’s “exploration success at Iron Cap over the past two years gives us greater flexibility to optimize project economics. Iron Cap is closer to infrastructure than Kerr and Sulphurets, and its development could be faster and less costly. Within the 1.9 billion tonnes of inferred resource, there exist significantly higher-grade underground cave opportunities with substantial tonnage. Iron Cap clearly has the size and grade to justify early inclusion in the mining sequence. From our point of view, this is mission accomplished.” Fronk also said these resource additions once again have met the junior’s annual corporate objective of increasing gold ownership on a per-share basis, noting that Seabridge added 460,000 oz. indicated gold resources and 7.5 million oz. inferred gold resources from our 2018 program. TNM

2019-04-09 7:03 PM


GLOBAL COPPER

GLOBAL MINING NEWS

THE NORTHERN MINER / APRIL 15–28, 2019

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Water-quality sampling at Kutcho Copper’s namesake project in British Columbia.   KUTCHO COPPER

Kutcho fast tracks copper-zinc project in BC DEVELOPMENT

BY TRISH SAYWELL

S

tsaywell@northernminer.com

ince closing the acquisition of its namesake high-grade copperzinc project in northern British Columbia in December 2017, Kutcho Copper (TSXV: KC; US-OTC: KCCFF) has completed a field season of data collection and drilling, and published a resource update. The company says it is on track to complete a feasibility study on Kutcho before the end of September, and, if everything goes according to plan, president and CEO Vince Sorace says the project should be fully permitted and shovel-ready in the second quarter of 2022, with production beginning in mid-2023. That timeline should serve its shareholders well, the mining executive says, with the looming supply deficit many analysts and industry watchers predict for copper in the mid-2020s. “Our strategy has always been the shortest path to feasibility and permitting,” Sorace says. “The project will get larger — there’s more resource drilling we can do — but, for now, all the data we’ve got is going to move towards completing the feasibility study. “The feasibility study will update our reserves, but we believe we have what is a good economic project, and basically we’re going to get the biggest re-rate for the project once we get the feasibility study completed and move towards production,” he continues, adding that the company is just weeks away from filing a project description that will kick off the environmental assessment process. Kutcho has measured and indicated resources of 17.3 million tonnes grading 1.85% copper, 2.72% zinc, 0.49 gram gold per tonne and 33.9 grams silver per tonne for a 2.61% copper-equivalent grade. Inferred resources add 10.7 million tonnes grading 1.18% copper, 1.76% zinc, 0.26 gram gold and 21.5 grams silver for a 1.67% copper-equivalent grade. The deepest hole of the resource extends 700 metres below surface. The resource uses a 1.2% copper equivalent cut-off grade.

1-16_APRIL15_Main .indd 13

| Feasibility study expected in September

The lion’s share of the resource lies in the Main deposit, but is supplemented with mineralization in two lenses, Sumac and Esso. The Sumac lens is 350 metres west of Main, and Esso is 140 metres west of Sumac. “Main outcrops at surface, and as you move laterally east, Sumac is a little bit deeper, maybe another 100 metres deeper from surface, and then it continues to trend down to depth,” Sorace says. “The deepest lens is Esso, and it is about 500 metres from surface.” One of the key areas for further drilling is the 300-metre gap between Main and Sumac, which has been untested. A conductive geophysical anomaly coincides with the area and is 360 metres long. The most eastern hole to intersect the Sumac lens on the western margin of the gap, hole 3, returned 5 metres of 1.29% copper, 0.49% zinc and 7 grams silver. Esso West is another target, which lies 300 metres west of the Esso lens, where 150 metres of a 1,500-metre-

“THE PROJECT WILL GET LARGER — THERE’S MORE RESOURCE DRILLING WE CAN DO — BUT, FOR NOW, ALL THE DATA WE’VE GOT IS GOING TO MOVE TOWARDS COMPLETING THE FEASIBILITY STUDY.” VINCE SORACE CEO, KUTCHO COPPER

long geophysical anomaly has been drill tested. Drilling in this area intersected 7 metres of 2% copper, 5.2% zinc and 17 grams silver in hole 94B3. The company says 300 metres of untested horizon between hole 94B3 and Esso remain, along with another 1,000 metres of untested horizon west of the hole. Parts of all three lenses remain open down dip, outside of the current resource, including 36% of Main, 50% of Esso and 100% of Sumac, the company says. The Footwall zone, which lies beneath the Main zone and represents a stacked mas-

sive sulphide horizon that is open in all directions, returned strong results, including the last drill hole east and down dip (No. 57), which cut 2 metres of 3.54% copper, 6.94% zinc, 316.9 grams silver and 1.47 grams gold. Sorace doesn’t think permitting the project, 100 km east of Dease Lake, will be an issue, and says the company has good relations with both First Nations groups in the area: the Kaska and Tahltan. “Both are pro-mining, and it’s evidenced by the number of projects up in that territory, which are

either in production or permitting — Kemess, Red Chris, Brucejack and Silvertip,” Sorace says. “It’s a very pro-mining part of the province.” He also is convinced that the company can build Kutcho for less than $300 million. “What makes this project attractive is grade,” he says. “It’s a small, high-margin, low-capital project. We still anticipate the feasibility study to come in at sub-$300 million on the capital side, so it makes it easily financeable, and with these types of grade you’ve got a nice, high-margin project.” Kutcho acquired the project from Capstone Mining (TSX: CS) for $28.8 million in cash and 9.9% of shares. Capstone’s current shareholding in the company is 13.5%. Wheaton Precious Metals (TSX: WPM; NYSE: WPM) owns 11% and management and directors hold 9%. Kutcho shares are trading at 28¢ in a 52-week range of 20¢ to 64¢. The company has a $16-million market capitalization. TNM

Drill hole spotting on the Kutcho property in 2018.   KUTCHO COPPER

2019-04-09 7:03 PM


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APRIL 15–28, 2019 / THE NORTHERN MINER

GLOBAL COPPER

WWW.NORTHERNMINER.COM

Looking west with Bx5 breccia pipe on the right at Chakana Copper’s Soledad copper-gold-silver project in Peru.   CHAKANA COPPER

Chakana Copper advances Soledad in Peru CHAKANA From 9

of exploration at the project, 260 km northwest of Lima, and 35 km south of Barrick Gold’s Pierina gold mine, and plans to drill another 20,000 metres this year, after it gets a permit (the approval of which is imminent, management says) that will allow it to drill from 120 drill pads. “We’ve only scratched the surface,” says David Kelley, the company’s president and CEO. “Because of the limitation of the original drill permit, we were only able to drill four of the breccia pipes, but with the next permit, we can test all the targets in the northern part of the property — everything from the bottom of the valley to the north — which is the majority of the known breccia pipes.” Despite the limitations of its existing permit, Chakana Copper has reported drill results from three of the four breccia pipes tested — Bx1, Bx5 and Bx6 — all of which contain pervasive mineralization and are vertically extensive, Kelley says. Bx1 has been drilled down to 490 metres’ depth, and remains open. Highlights include hole 17-18, which returned 209 metres from surface of 1% copper, 2.22 grams gold per tonne and 70 grams silver per tonne, for a 3% copper-equivalent grade. Hole 18-59 intersected 233 metres from surface of 0.85% copper, 1.4 grams gold and 57 grams silver for a 2.24% copper equivalent, and hole 18-77 cut 244 metres from surface of 0.91% copper, 1.4 grams gold and 56 grams silver for a 2.3% copperequivalent grade.

“THE REAL SIGNIFICANCE OF THE BLIND BRECCIA PIPE IS THAT IT TELLS US SOME OF THE PIPES ARE EXPOSED, BUT NOT ALL OF THEM. SO WHEN I SAY WE HAVE 17 CONFIRMED BRECCIA PIPES AT SURFACE, WE THINK WE HAVE AT LEAST A DOZEN [MORE], BECAUSE WE HAVE STRONGLY ALTERED AREAS WHERE WE DON’T SEE THE BRECCIA IS AT SURFACE.” DAVID KELLEY PRESIDENT AND CEO, CHAKANA COPPER

Chakana also found a blind breccia body 40 metres north of Bx1. Unlike the Bx1 pipe, which outcrops, the top of the blind pipe is 125 metres below surface. It’s possible that the two pipes coalesce at depth. “The real significance of the blind breccia pipe is that it tells us some of the pipes are exposed, but not all of them. So when I say we have 17 confirmed breccia pipes at surface, we think we have at least a dozen [more], because we have strongly altered areas where we don’t see the breccia is at surface. If you find one, what are the chances you’re going to find more?” Kelley says there are likely more blind pipes, and that it’s not uncommon for tourmaline breccia clusters to contain as many as 100 pipes. The main Bx1 pipe also has very high-margin grades, Kelley says, noting that typically tourmaline breccia bodies contain the highest grades at the margins, where breccia textures have higher permeability, due to the alignment of tabular breccia clasts, which form a shingle breccia texture. The Bx5 pipe, 1 km northwest of Bx1, is not as high grade, Kelley

says, but it’s still “very good”. Drill hole 17-41 returned 164 metres of 0.51% copper, 1.7 grams gold and 27.4 grams silver for a 2.8% copperequivalent grade, starting from 12 metres below surface. Hole 18-80 cut 264 metres from surface of 0.71% copper 1.3 grams gold and 24.3 gram silver for 2.7% copper equivalent. Results from Bx6, 500 metres north of Bx5 and 1,000 metres northwest of Bx1, and traced down to 800 metres’ depth, include 18103, which intersected 29 metres of 0.76% copper, 1.2 grams gold and 227.7 grams silver for 3.52% copper-equivalent starting from 64 metres downhole, and 18-107, which returned 14 metres of 1.92% copper, 3.8 grams gold and 13 grams silver for a copper-equivalent grade of 4.54%, starting from 86 metres downhole. Bx6 is the northernmost and highest elevation outcropping breccia body found to date. The northern margin of the pipe remains undrilled and requires 2,500 metres of drilling to confirm the pipe’s geometry and grade distribution. The fourth and largest pipe drilled — Bx3E, which sits between Bx1

and Bx5 — had good intercepts, but lacks long mineralization runs that Kelley has seen in the other three pipes. “We’re not sure why — it’s possible that the pipe formed late in the mineralizing event, and it was the last gasp of brecciation, and the fluids were exhausted at that point,” he says. “Or if it was formed early, before the hydrothermal fluids developed to the point that they invaded the breccia. There are so many things we don’t know about the deposit, and that’s one of them.” Looking ahead to its 2019 drill program, which starts in May, Kelley says the company has over 60 targets to explore based on a surface exploration program consisting of detailed mapping of rocks and alteration, rock and soil sampling, and time-domain electromagnetic surveys around each of the breccia targets. Chakana is earning a 100% stake in the northern part of the project over four and a half years from Condor Resources (TSXV: CN). The original agreement included a 2% net smelter return royalty for Condor, but Chakana recently repurchased half of it. The $565,000 cost consisted

of US$275,000 in cash and 900,000 Chakana shares, or a steep discount to the US$2-million price in the original option agreement. “By doing it now, we were able to acquire the royalty at a 70% discount to what we would have had to pay for it later,” Kelley says. “And if we exercise the option agreement, we can purchase an additional 0.5%, so we can take that royalty to half a percent on the Condor ground.” “A reduced royalty burden can have a huge impact on the economics for a project,” Kelley says. “The driving force was our confidence in the project. We believe in this project, and for us to do this deal now makes sense, because we do see it advancing and thought it was a good strategic move to acquire it now.” Before setting up Chakana in December 2016, with co-founders Tom Wharton and Juan Valdivia, Kelley was general manager of exploration for MMG and was responsible for developing the exploration program at Las Bambas. He was a member of the joint discovery team of the Zuun Mod molybdenum-copper discovery in Mongolia, the Wayamaga gold deposit in French Guiana and the High Lake East deposit in Nunavut. The company’s chairman is Douglas Kirwin, a member of the joint discovery team of the Hugo Dummett deposit at Oyu Tolgoi in Mongolia. Another geologist on the board is John Black, CEO of Regulus Resources and Aldebaran Resources. Chakana’s shares are trading at 39¢ in a 52-week range of 25¢ to 93¢. The company has a $31-million market capitalization. TNM

Ivanhoe tests area near Kamoa North discovery hole IVANHOE From 9

anything encountered in all of our years of delineating resources on the project,” and noted that the flat-lying, 10% copper intersection is “almost 30 metres, or 100 feet thick — essentially equivalent to a 10-storey building — and the high-grade copper is less than 200 metres below surface.” If a 5% copper cut-off were applied to the intercept, he continued, the grade would increase to 16% copper, and it would be 17 metres thick. “Hole 1450 is three times richer on a copper-grade-times-thickness measurement than any previous hole drilled at Kamoa-Kakula,” the mining executive said. “Now, our immediate exploration focus is to find more of this near-surface, bonanza-grade ore.” The company has drilled nine holes in the discovery area, and assays are pending for eight of them. In a March 28 press release, the company reports that “based on visual interpretation of massive bornite and chalcopyrite in the recent drill intersections, the new, high-grade zone of shallow, thick, flat-lying, copper mineralization has been extended over a strike length of at least 200 metres, a width of up to 80 metres, and a drilled thickness of between 13 and 30 metres.” The company says that more

1-16_APRIL15_Main .indd 14

“OUR IMMEDIATE EXPLORATION FOCUS IS TO FIND MORE OF THIS NEAR-SURFACE, BONANZA-GRADE ORE.” ROBERT FRIEDLAND EXECUTIVE CO-CHAIRMAN, IVANHOE MINES

drilling is testing the strike and width of the east- to west-trending fault structure that hosts the copper. The discovery hole is associated with an east- to west-trending fault structure, where copper-rich fluids flowed into the stratigraphy above the conventional Kamoa-Kakula mineralization, and into a zone called the Kamoa pyritic siltstone (KPS), the company says. Ivanhoe says that the controlling east- to west-striking fault responsible for the copper sulphide mineralization in KPS appears on airborne magnetic images, and can be traced over 10 to 20 kilometres. In addition, it trends west of Kamoa-Kakula onto the company’s wholly owned Western Foreland exploration licences. The company is also exploring another zone of shallow, high-grade copper mineralization in the far

An access and ventilation tunnel under construction on the south side of Ivanhoe Mines’ Kakula copper deposit in the Democratic Republic of the Congo.   IVANHOE MINES

northern region of the KamoaKakula mining licence, where a north- to south-mineralized corridor trends “for more than 9 km before swinging to the northwest, and is projected to continue onto the adjacent Western Foreland exploration licences.” Ivanhoe recently discovered Makoko on its Western Foreland concessions. It is the company’s third major copper discovery in the DRC, and has similar geology to the Kamoa-Kakula discoveries.

The discovery hole 4 at Makoko — drilled in September, and announced in October 2017 — intersected 4 metres of 5.46% copper at a 2% copper cut-off from a downhole depth of 306 metres. Highlights from other holes include 3 metres of 6.78% copper at a 2% copper cut-off from 441 metres downhole in hole 10, and 3 metres of 6.49% copper at the same cutoff grade, 472 metres downhole in hole 17. Hole 25 cut 3 metres of 7.61% copper from 406 metres

downhole, and hole 46 assayed 7.81% copper over 7 metres from 524 metres’ depth. Drilling at Makoko has defined a flat-lying, near-surface stratiform copper deposit similar to the Kamoa and Kakula deposits, the company says. Based on the structure contour map, it says the mineralized formation in the Makoko area occurs within 1,000 metres of surface, and most of the drilling has intersected the copper-rich zone between 400 metres and 800 metres below surface. The mineralized zone strikes south to southeast, and has been tested over a 4.5 km strike length and a dip extent of between 1 and 2 kilometres. The copper mineralization remains open along strike and down dip. Ivanhoe started exploring the West Foreland licences in the third quarter of 2017, and has earmarked US$16 million for regional exploration there this year. “While some investors are focused on short-term issues, such as the DRC Mining Code revisions and the upcoming presidential election,” Friedland said in January, “Ivanhoe’s philosophy is to think big and think long-term. Our geological team has done an outstanding job of executing our strategy to continue to add shareholder and stakeholder value by keeping the drill bits turning, and delivering spectacular exploration results.” TNM

2019-04-09 7:03 PM


GLOBAL MINING NEWS

THE NORTHERN MINER / APRIL 15–28, 2019

15

Boreal pursues new VMS zone at Gumsberg in Sweden ZINC-SILVER-LEAD

| Extensive shallow mining in area dates back to 13th century BY RICHARD QUARISA

J

rquarisa@northernminer.com

ust a few months after finishing a nine-hole, 1,600-metre drill program at its Gumsberg zinc-silver-lead project in Sweden, Boreal Metals (TSXV: BMX) has begun drilling the project again. The campaign, which began in March, will see Boreal drill another 1,500 metres at the volcanogenic massive sulphide project (VMS) to test a variety of shallow targets. Though the company has eight base and precious metal projects across Europe, it says it finds this one the most compelling. “It’s partly because right now there’s not a lot of attention being paid to mining stocks,” company chairman Patricio Varas says during an interview with The Northern Miner. “We want to make sure that what we’re drilling is something that we may be able to be put into production without hundreds of millions of tonnes, like you would with some of the copper projects. “You want something that has a lower capex and high grade, because commodity prices have a lot of fluctuation. I think if you have high grade it insulates you from that up and down that you get from the fluctuation in base metal prices.”

extensions at Ostra Silvberg with its round of drilling. Boreal also plans to test for extensions along strike at Valletberget, where past drilling by the company cut 5.19% zinc, 16.39 grams silver and 1.08% lead over 7 metres from 99 metres downhole, as well as 13.55% zinc, 51.75 grams silver and 5.23% lead over 2 metres from 92 metres downhole. “With VMS deposits, they’re not usually very large deposits,” Varas says. “But it’s a VMS area, so you’re going to have multiple deposits.” Gumsberg is a two-hour drive, mostly on highway, from Stockholm, Sweden. It has water and power to site and sits in an established mining district — 30 km away from Boliden’s Garpenberg polymetallic mine. At the end of 2018, Garpenberg contained 22.8 million proven tonnes at 101 grams silver, 3.6% zinc, 1.4% lead and 0.24 gram gold. It also had 53.5 million probable tonnes at 94 grams silver, 2.9% zinc, 1.4% lead and 0.32 gram gold. “There may be some synergies there in the future,” Varas says. The company also recently drilled 950 metres across seven holes at its Burfjord iron oxide copper-gold project in northern Norway. Its best hole cut 0.56% copper and 0.26

“IDEALLY, WE’D LOVE TO RAISE A BUNCH OF MONEY AND GO AND TEST THE DIFFERENT TARGETS, BECAUSE I REALLY BELIEVE THAT THEY ALL HAVE QUITE A BIT OF MERIT.” PATRICIO VARAS CHAIRMAN, BOREAL METALS

Boreal Metals’ historic Gumsberg zinc-silver-lead project near Stockholm, Sweden.   BOREAL METALS

Boreal Metals’ Burfjord copper project in northern Norway.   BOREAL METALS

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The company has a number of targets at Gumsberg, but is focusing on two right now: Ostra Silvberg and Valletberget-Loberget. Precious and base metals were mined at Gumsberg at over 30 mines from the 13th century to the early 19th century. Between 1250 and 1590, Ostra Silvberg was the largest silver mine in Sweden. Past operators mined it to 250 metres below surface — “quite extensive for its time,” according to Varas. When Boreal first drilled Ostra Silvberg in late 2017, it had intended to search for depth extensions of the previously mined mineralization. “Before we hit it, we hit another deposit that we can’t see at surface, but that we have now hit in six or seven holes,” Varas says. “Ideally we want to expand that, see how big it is. It certainly has fantastic grades.” Boreal had found the South zone, lying as much as 50 metres south of the old underground mine. Its first-ever hole hit 16.97% zinc, 656.7 grams silver per tonne, 8.52% lead and 0.76 gram gold per tonne over 11 metres from 122 metres downhole. “That to me is pretty attractive, and we want to make sure that we follow it up and see if it has any size,” Varas says. More recent results from the South Zone include 6.73% zinc, 18.53 grams silver and 1.99% lead over 13 metres from 210 metres downhole, as well as 8.75% zinc, 289.32 grams silver, 4.61% lead and 1.08 grams gold over 6 metres from 190 metres downhole. The company intends to continue testing for depth

gram gold over 32 metres from 184 metres downhole, including 4.31% copper and 2.22 grams gold over 3 metres. Burfjord was mined periodically over the past couple hundred years, and the property features a lot of open pits and shallow underground mines. “They were basically high-grading copper,” Varas says. “They used to trek high-grade copper ores across the mountains and over to the smelter.” He says that although past producers mined high-grade copper veins at Burfjord, Boreal realized that the mineralization was widespread, held in broad halos of alteration. The company performed magnetics before drill testing zones near some of the old workings. It hit a couple broad intercepts of mineralization. “It really confirmed what we thought was most likely there,” Varas says. “There’s definitely a broad zone of mineralization under one of the workings in the south of the project.” Shares of Boreal Metals are trading at 9¢ in a 52-week range of 4¢ to 24¢. The company has a $6-million market capitalization. “Ideally, we’d love to raise a bunch of money and go and test the different targets, because I really believe that they all have quite a bit of merit,” Varas says. “We also maybe need to bring these projects forward by looking for joint ventures or other partnerships, because of course you don’t want to go out there and raise money when your stock is depressed to this extent.” TNM

2019-04-09 7:03 PM


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APRIL 15–28, 2019 / THE NORTHERN MINER

Black Iron’s Simpson: iron ore markets won’t quickly recover IRON ORE From 4

and what we are looking to supply with Black Iron. The other major aspect to the story is that 10% of the world’s pellet production is also now taken offline, with these mines that are being shut down by Vale. Where it might be easy to increase, say, fines or lump from other sources around the world, to build a pellet plant takes quite a bit of planning, permitting — plus construction. So it’s going to be at least a few years before the pellet feed and pellets are replaced from that tonnage that has been lost. TNM: North Americans are often obsessed with gold and maybe aren’t as familiar with pellet plants. Could you explain the value of a pellet plant and what it produces, how difficult it is to build a pellet plant and what is the current situation with the pellet plants in Brazil? I guess the analogy would be a miner having a refinery for its base metals, versus a mine just producing a concentrate to sell. Would that be correct? MS: Sure, yes. I mean, there are three types of iron ore, generally speaking. The first is called fines, the second is lump and the third is pellets, and really in that order is the price that steel mills pay for them. It’s largely because with pellets, you have a much higher productivity of steel per size of furnace that you are using. The way pellets are made is that you typically take an iron ore fine or a concentrate, which is like a sand, and you grind it even finer into a very, very fine, almost like talcumpowder consistency, and then you roll it into balls about the size of a marble with a binding agent, and then you cook them in a furnace to make them hard. Then when you charge a blast furnace with pellets — because the pellets are all perfectly uniform in size, being these marbles — you get very even airflow through that furnace, which allows the pellets to melt at a very even rate, and that’s what gives you that higher productivity in the furnace. Even more importantly, given that the world is becoming more and more sensitive towards greenhouse gas emissions, it also means that you burn less coal per tonne of steel made. So it’s much more environmentally friendly as compared to lump or another product, which is called sinter. Sinter is basically that you take those fines, and instead of making them into perfect-sized balls, you just fuse them together into chunks, and feed those chunks into the furnace. TNM: Broadly speaking, Brazil is known for producing very highquality iron, and Australia has its low-quality irons and then there are different benchmark prices. What does this Vale disaster mean to overall iron ore quality and the different premia with the different benchmarks?

Champion Iron’s Bloom Lake iron ore mine near Fermont, Quebec.   CHAMPION IRON

MS: Typically, material coming out of Australia ranges between 58% from guys like Fortescue up to 62%, 63% from the BHPs and the Rio Tintos, whereas Vale produces more of a 65% to a 66% iron. So much, much higher iron content, which again reduces the amount of coal required to make a ton of steel. This high-quality product does sell for a premium. So when people talk about iron ore prices that they are selling for US$84 a tonne, what they are referring to is iron with a 62% iron content, whereas the 65% material that Vale makes typically sells for a substantially higher amount, closer to US$100 a ton. Today you get US$4 to US$5 per 1% iron above 62%. TNM: A Brazil-specific question: They have the wet beneficiation in the south with slightly lower-quality ore compared to the northern system in Vale and then, of course, the wet beneficiation yields far more water that you need to put behind a tailings dam. What is going on with the wet beneficiation? What does that mean to Vale? MS: When you mine iron ore, you really have two types of ore. You have what is called direct-shipping ore, which is typically 55% all the way up to 65%, sometimes as high as 70%, but quite rare — so more of that 55% to 65% range, with the bulk of it being 58% to 62%. Then you have ores like what we have here in Canada that need to be concentrated. What that means is you take an ore that has a head grade somewhere in, say, the mid20s to low 40s, and you grind it and you either put it through spirals or you put it over large magnets to increase its iron content typically to 62% to 65%. So it does cost more money to make that product with a wet processing circuit, as you mentioned. However, the benefits are that you have much greater control over your silica, alumina, phosphorus and sulphur, so you can end up with a much, much cleaner product at the end of the day. That product becomes very valu-

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able because you typically do need to blend some of those direct-shipping ores, which may have one of those other elements like the phosphorous, the alumina and silica too high to make a quality steel. TNM: What do you make of this issue with the upstream tailings dams in Brazil that are obviously going to be phased out? How much of this is a Brazil problem or a Vale problem, and how much of it is an industry problem? MS: It’s definitely an industry-wide problem. It very much varies by country as to whether upstream tailings dams were even allowed to be constructed. There are several countries in the world where this practice is just not allowed, because it is much higher risk. So in Brazil it’s a major issue, and that’s why those 11 mines were shut down until new tailings dams are constructed in a much safer manner. It really does vary by country, but it’s going to be very important for any mining operation, not just iron ore, that has an upstream tailings dam, to take a very hard look at their design and make sure that it is safe, and probably look at rectifying that situation and creating a safer designed dam. TNM: Could you explain to people who aren’t familiar with tailings dams, what an upstream dam is compared to other ones? Why it is cheaper to build, etc. MS: I don’t have a huge depth of knowledge technically on these, but what I can tell you is with an upstream tailings dam, usually what happens is that you build a dam towards the front of where you are adding it towards, and you’re typically using the tailings themselves to construct the dam as opposed to a downstream tailings dam in which you are advancing the dam away from your actual tailings beachhead. So you’re making it a much more stable barrier, if you will, to keep those tailings in place. TNM: Would you say they are not good for wet countries? Is it OK to use upstream ones in an arid place like Namibia or somewhere like that?

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1-16_APRIL15_Main .indd 16

TNM: Brazilian high-quality material coming out of the market could make the very highest quality deposits — like what we have in Canada and you have in Ukraine, other places — extra valuable, because you can hold them aside and blend their ore with lower-grade Australian ores. MS: You’re absolutely correct. It’s the quality of the ore and also the higher iron content that makes those mines so much more valuable now. TNM: Which countries or regions have this high-quality iron ore? Your ore in Ukraine is in the top 4% of the world. What exact spots have this really nice stuff? MS: Some of the purest ores in the world do come out of Canada, here. We tend to make iron with 65% content with a nice level of silica and pretty low in terms of the sulphur, the alumina and the phosphorus again. Chile also produces some very good ore. Out of Europe, you have LKAB out of Sweden that makes a very, very premium product. And in Ukraine, a lot of the companies make a very high iron content, but they don’t grind the product fine enough to get the silica levels as low as what would be ideal. Whereas with our case at Black Iron, we are planning on making more of a pellet-feed product, as opposed to something that would be more suitable to make sinter. Because that’s really where the world is shifting towards, it’s more of this pellet lower-emission type product. Therefore, it does allow us to drop the silica quite a bit while still maintaining that very, very high iron content.

TNM: I’m not sure if this affects the whole world, but some shipping costs have dropped dramatically because there won’t be this iron ore coming out of Vale in Brazil going to China. Do you know much about the shipping rates?

TNM: Could you give your idea of what the global iron ore market is going to look like over the next year or two with the reduction in Vale production? Some of Vale’s suspended output will come back, and some of it will never come back. And then you have the worsening quality of ore in Australia. Can they turn that around metallurgically somehow, or is that just a trend that will continue?

MS: Yes, you’re right. What I’ve been reading is that ocean-going

MS: We’re going to see quite a bit of volatility on the 62% benchmark

MS: I couldn’t comment on that. I just don’t have enough depth there.

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Capesize — which are the very large vessels, typically 180,000 to maybe 250,000 tonnes — are actually at a low right now. And those prices have come off quite a bit in the last few months. That does actually make it a lot more cost effective for mines that are located farther away from China to ship their product, because with iron ore, another thing that is important for people to realize is that it is always priced delivered to China. It’s called CFR China, regardless of where the mine ships its product.

price. It will probably range anywhere from the mid-US$70s all the way up to the high US$80s. And that’s really an area that none of the analysts, none of the reports that I am reading, have a great handle on. That is a range that most people would agree with, that I just stated. Where people do agree though is that the pellet price and pellet feed price will remain elevated. Again, because this isn’t easy — capacity is displaced. When you start talking about things like alumina and silica and phosphorus levels, what we’re also seeing is that the premium and penalties being charged on those different elements are actually increasing with time. What does this mean for the sale price for some of the ores in Australia? To answer your question, they cannot easily change levels of phosphorous or alumina. To do that, they would have to build a wet concentrator or they would have to build some sort of process to extract those minerals out cost-effectively, which just doesn’t exist today. So they’re kind of stuck with those high elements, which means they are going to receive lower-realized prices for their product, as compared to ores coming out of, say, Ukraine, Canada, Brazil, which will actually see a price increase because of their cleaner ore and higher-iron-content ore. You will also see pellet prices and pellet feed prices remain quite elevated, too, given that, again, you have 10% of the world’s supply taken off with this tragic Vale disaster. TNM: Normally, we would just be talking about Chinese demand for iron ore. Where do you see Chinese iron ore demand in the next couple of years? MS: A lot of what I am reading right now is saying that Chinese demand is going to be fairly flat over the next period of time. But you are seeing the Chinese government institute a lot of environmental emissions regulations, which are causing some of the steel mills to consolidate and shut down such that only the larger, more modern, efficient mills are remaining. What that is doing is it is forcing a lot of the steel mills to be able to stay in business and not be constrained by the government to shift, again, to this higher-content feedstock, because it does reduce the amount of coal they burn to make that tonne of steel. So there is very much a shift in the market. Historically, we would have US$2 to US$3 per 1% premium, or penalty on the iron content relative to 62%. As I mentioned, today we are seeing more like US$4 to US$5, and that did actually hit a high of almost US$9 within the past year. TNM

2019-04-09 7:03 PM


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APRIL 15–28, 2019 / THE NORTHERN MINER

M A R K E T N EWS TORONTO STOCK EXCHANGE / APRIL 1–5 The S&P/TSX Composite Index rose 1.83% to 16,396.15. Spot gold finished the week at US$1,291.40 per oz., down 60¢ from the previous week. The S&P/TSX Global Gold Index rose 0.91% to 197.13, and the S&P/TSX Global Base Metals Index increased 4.27% to 123.84. Kirkland Lake Gold topped the value char ts during t he trading week w it h a gain of $2.56 to $43.20. The company repor ted f i rst-qua r ter produc t ion of 231,879 oz. gold, up from 231,217 oz. gold i n t he fou r t h qu a r t e r of 2 018 , and t he 147,644 oz. it produced in t he f irst quar ter of 2018. The jump owed to record qua r terly produc t ion f rom it s Fo s t e r v i l l e m i n e i n t h e s t a t e of Victoria in Austra lia and its Macassa m i ne i n nor t her n O nt a r io, C a nad a . Kirk land La ke Gold ’s Holt and Taylor m i ne s i n Mat he s on, Ont ., produc e d 17,225 oz. and 12,377 oz., respectively. The company said it is well positioned to a c h ie ve it s f u l l-ye a r g u id a nc e of bet ween 920,000 oz. and 1 million oz. gold t his year. Shares of Labrador Iron Ore Royalty surged $2.35 to $31.73, on uncertainty over iron ore supply since the collapse earlier this year of the tailings dam and the deaths at Vale’s Corrego do Feijao

m i ne i n Br u mad i n ho, Bra zi l. At t he end of January, Vale said it planned to cut production of 40 million tonnes a year, including the pellet feed needed for making 11 million tonnes of pellets a year. Vale announced another cut of 30 million tonnes a year in Februar y. The Brumadinho disaster is expected to lower pellet supply, Labrador Iron Ore says, and predicts “continued strong cash f lows” in 2019. Labrador Iron Ore holds a 15% equity interest in the Iron Ore Co. of Canada (IOC), and receives a 7% gross overriding royalty and a 10%-per-tonne commission on a l l iron ore products produced by IOC. News of a secondary bought-deal equity offering sent the shares of North TSX MOST ACTIVE ISSUES

VOLUME WEEK (000s) HIGH LOW CLOSE CHANGE

Kinross Gold K Barrick Gold ABX Wallbridge Mng WM Trevali Mng TV Yamana Gold YRI Suncor Energy SU Stornoway Diam SWY First Quantum FM B2Gold Corp BTO Goldcorp G

15458 4.72 4.40 4.67 + 0.07 15445 18.37 17.46 18.04 - 0.28 13596 0.43 0.32 0.40 + 0.06 13391 0.49 0.41 0.45 + 0.05 13262 3.53 3.30 3.46 - 0.02 13155 44.58 43.11 44.50 + 1.19 12557 0.11 0.09 0.11 + 0.01 10961 16.00 15.10 15.77 + 0.62 10769 3.76 3.57 3.75 + 0.01 9326 15.68 15.08 15.65 + 0.36

A meric a n Pa l lad ium dow n $2 . 32 to $12 .86. T he compa ny a n nou nced on April 4 that Brookfield Business Partners LP — North American Palladium’s majority shareholder, with 53.46 million common shares — is selling 5.77 million shares at a price of $13 a share to a sy ndicate of under w riters led by BMO Capital Markets and RBC Capital Markets. Brook f ield has a lso granted

the underwriters an option to buy another 15% of the offering to cover overallotments, within 30 days of the close at t he s a me pr ic e . Bro ok f ie ld ow n s 90.85% of North American Palladium’s common shares and w i l l ow n 81.05% after the offer closes (and before selling any more shares). The company’s Lac des Iles mine is 106 k m nor t hwest of Thunder Bay. TNM

TSX GREATEST PERCENTAGE CHANGE

Euro Sun Mg Lithium Amer Laramide Res Forsys Metals Black Iron Prophecy Coal Yorbeau Res Talon Metals Moneta Porcpn Champion Iron Western Potash Century Global Tanzania Rlty Harte Gold North Am Pall EurOmax Res PolyMet Mng Monarch Gold Mandalay Res Argex Titanium

ESM LAC LAM FSY BKI PCY YRB TLO ME CIA WRX CNT TNX HRT PDL EOX POM MQR MND RGX

3912 1020 1892 191 5150 1028 1023 351 1214 7625 1312 29 138 4450 860 85 208 376 1410 3539

0.80 0.57 0.73 6.43 5.25 6.40 0.45 0.35 0.43 0.27 0.21 0.25 0.09 0.07 0.08 0.27 0.20 0.25 0.03 0.03 0.03 0.12 0.00 0.12 0.13 0.10 0.13 2.32 1.99 2.29 0.17 0.13 0.13 0.21 0.17 0.17 1.10 0.86 0.90 0.37 0.28 0.30 15.63 12.32 12.86 0.08 0.06 0.06 0.90 0.76 0.78 0.33 0.26 0.28 0.12 0.11 0.11 0.04 0.03 0.04

+ + + + + + + + + + - - - - - - - - - -

TSX GREATEST VALUE CHANGE

VOLUME WEEK (000s) HIGH LOW CLOSE CHANGE

Kirkland Lake Labrador Iron Nutrien Lithium Amer Teck Res Teck Res Suncor Energy Franco-Nevada First Quantum Lundin Mng North Am Pall Seabridge Gld Torex Gold MAG Silver SSR Mining Endeavour Mng Wheaton Prec M Barrick Gold Cameco Corp Imperial Metal

32.7 26.5 26.5 25.0 25.0 22.0 20.0 20.0 19.0 16.8 25.7 21.4 16.7 15.5 15.3 14.3 13.3 12.5 12.5 12.5

VOLUME WEEK (000s) CLOSE CHANGE

KL LIF NTR LAC TECK.B TECK.A SU FNV FM LUN PDL SEA TXG MAG SSRM EDV WPM ABX CCO III

4194 43.20 1240 31.73 5254 72.52 1020 6.40 8453 32.19 26 32.24 13155 44.50 2522 101.22 10961 15.77 8968 6.67 860 12.86 638 15.42 1905 15.64 1137 13.49 1447 16.19 793 19.41 5662 31.40 15445 18.04 4665 15.56 107 2.69

+ + + + + + + + + + - - - - - - - - - -

2.56 2.35 2.04 1.34 1.27 1.24 1.19 1.03 0.62 0.47 2.32 1.19 1.18 0.78 0.70 0.65 0.41 0.28 0.19 0.19

TSX VENTURE EXCHANGE / APRIL 1–5 The S&P/TSX Venture Composite Index rose 0.47% to 629.81. Cantex Mine Development — whose chairman is Charles Fipke — posted the biggest gain, rising 94¢ to $3.43. The company announced on March 29 that it had closed the final tranche of its previously announced private placement for gross proceeds of $2.51 million. Combined with the first and second tranche of the placement, proceeds stand at $15 million from the issuance of 3.5 million flow-through shares and 11.50 million non-flow units. The proceeds will help exploration at its Rackla gold project in the Yukon. Fipke has led teams that discovered the Ekati diamond mine in the Northwest Territories, as well as three large copper-nickel-platinum deposits, and two gold deposits in Yemen. Shares of Filo Mining rose 31¢ to $2.70. The company has finished the 2018–2019 drill program at its Filo del Sol copper-gold-silver project in Chile’s Region III, next to Argentina’s San Juan province. It also clarified statements in the Swedish media that it says were “intended to confirm that we see the merits of bringing in a corporate partner.” It said that, while it “may engage in discussions with third parties” from time to time, the company “does not currently have any binding agreements

or commitments, and there is no guarantee that any potential future discussions will be had, or that any such future discussions will result in a partner coming into the Filo del Sol project.” The junior, led by Adam Lundin, completed a prefeasibility study on the project in January. Two holes from its recently completed seven-hole deep drilling program returned long intercepts of mineralization. Hole 25 returned 1,025 metres starting from surface intersecting 0.30% copper, 0.22 gram gold per tonne and 1.6 grams silver per tonne, including 132 metres of 0.48% copper, 0.30 gram gold and 1.2 grams silver. Hole 26 cut 614 metres starting from surface of 0.39% copper, 0.34 gram gold and 1.6 grams silver, including 460 metres of 0.45% copper, 0.34 gram gold and 1.6 grams silver. TSX-V MOST ACTIVE ISSUES

First Cobalt Macarthur Mnl Centurion Mnls Nickel One Res Leeta Gold Angus Ventures Compass Gold Cameo Cobalt Saturn Mnrls Desert Lion

VOLUME WEEK (000s) HIGH LOW CLOSE CHANGE

FCC MMS CTN NNN HIVE GUS.P CVB CRU SOIL DLI

16979 14409 13790 9930 8952 7020 6782 6329 5954 5774

0.25 0.14 0.05 0.08 0.67 0.25 0.42 0.14 0.14 0.19

0.15 0.09 0.02 0.05 0.52 0.15 0.31 0.12 0.11 0.08

0.20 0.12 0.02 0.07 0.65 0.25 0.33 0.14 0.12 0.15

+ + + + + + - + - +

0.06 0.03 0.01 0.02 0.11 0.01 0.06 0.02 0.03 0.07

Ximen Mining rose 17¢ to 75¢. The company acquired 129 sq. km of land near its Gold Drop property in the Greenwood district of southern British Columbia. Gold Drop is under an option agreement with GGX Gold Corp., and adjoins land south and east that is being explored by Kinross Gold Corporation. GGX Ximen says the 17 mineral tenures claims announced on April 5 cover or border several historic past-

producing mines, including the Providence mine, which produced 183 kilograms of gold, 42,552 kilograms of silver, 183 tonnes of lead and 118 tonnes of zinc between 1893 and 1973. Last year GGX Gold drilled 71 holes on Gold Drop’s COD vein, with highlights of 107.5 grams gold per tonne and 880 grams silver per tonne over 7 metres, and 129 grams gold and 1,154 grams silver over 7 metres. TNM

TSX-V GREATEST PERCENTAGE CHANGE

Tearlach Res Green Valley M Adex Mining Centurion Mnls Desert Lion Chiboug Ind Mn Bold Ventures Interconnect Atlantic Indus Discovery-Corp Aldever Res Eurotin Noble Metal TVI Pacific Westkam Gold Northern Uran Silver Mtn Mns MK2 Ventures Transatlantic Balto Res

TEA.H SCT ADE CTN DLI CBG BOL IVC ANL.H DCY ALD TIN.H NMG.H TVI WKG UNO SMM MK.H TCO BAL.H

106 28 207 13790 5774 1569 3726 6 282 90 89 1756 262 273 237 20 1668 40 2001 287

0.28 0.50 0.01 0.05 0.19 0.10 0.04 0.07 0.02 0.02 0.05 0.02 0.01 0.02 0.01 0.01 0.02 0.30 0.05 0.12

0.10 0.20 0.01 0.02 0.08 0.05 0.02 0.07 0.01 0.01 0.03 0.01 0.01 0.01 0.00 0.00 0.01 0.17 0.03 0.07

0.27 0.48 0.01 0.02 0.15 0.10 0.03 0.07 0.02 0.02 0.04 0.01 0.01 0.01 0.01 0.01 0.01 0.17 0.03 0.07

TSX-V GREATEST VALUE CHANGE

VOLUME WEEK (000s) HIGH LOW CLOSE CHANGE

+ 152.4 + 111.1 + 100.0 + 100.0 + 81.3 + 72.7 + 66.7 + 62.5 + 50.0 + 50.0 - 66.7 - 50.0 - 50.0 - 50.0 - 50.0 - 50.0 - 50.0 - 44.1 - 40.0 - 39.1

VOLUME WEEK (000s) CLOSE CHANGE

Cantex Mn Dev Filo Mg Corp Hut 8 Mining Green Valley M Neo Lithium Ximen Mining Tearlach Res Maverix Metals SilverCrest Metalore Res Abitibi Royal Novo Res Pac Booker Min Regulus Res Westhaven Vent MK2 Ventures Titanium Corp Gold Reserve ScoZinc Mg Melior Res

CD FIL HUT SCT NLC XIM TEA.H MMX SIL MET RZZ NVO BKM REG WHN MK.H TIC GRZ SZM MLR

919 3.43 190 2.70 1731 1.13 28 0.48 1087 1.09 651 0.75 106 0.27 107 2.64 420 4.53 2 1.56 11 12.90 944 2.40 27 2.57 328 1.57 617 0.94 40 0.17 52 0.77 14 3.45 80 0.45 45 0.35

+ 0.94 + 0.31 + 0.29 + 0.25 + 0.23 + 0.17 + 0.16 + 0.16 + 0.15 + 0.14 - 0.50 - 0.36 - 0.22 - 0.18 - 0.14 - 0.13 - 0.12 - 0.10 - 0.10 - 0.10

U.S. MARKETS / APRIL 1–5 The spot gold price fell 0.04% to US$1,291.40 per ounce. The Philadelphia Gold & Silver Index rose 0.62% to 76.84 and the Dow Jones Industrial Average rose 1.9% to 26,424.99. The S&P 500 Index rose 2.6% to 2,892.74. Shares of Lithium Americas rose 27% to US$4.80, after the company announced that Ganfeng Lithium would invest US$160 million in its Cauchari-Olaroz lithium project by buying new shares in Minera Exar, the holding company for Cauchari-Olaroz. After the deal closes, the two companies will each own 50% of Cauchari. The project is on track for first production in the second half of 2020. The companies plan to undertake a feasibility study at the project that contemplates expanding its initial production capacity from 25,000 tonnes per year to 40,000 tonnes per year. Lithium Americas is funded to produce under the current 25,000-tonne-per-year development plan, with US$250 million in undrawn debt facilities. As of March 1, 2019, Cauchari has 17.9 million lithium carbonate equivalent tonnes grading 581 milligrams per litre lithium in the measured and indicated categories — a

18_APRIL15_MarketNews.indd 18

53% increase over the previous resource. Shares of Sibanye-Stillwater rose 11.4% to US$4.60. The company released an independent study that indicates the NUM, UASA and Solidarity unions collectively represent most of its employees at its South African gold mines, and, as a result, the ongoing strike by the Association of Mineworkers and Construction Union (AMCU) is unprotected. The company hopes the study will help it peacefully end AMCU’s strike. While AMCU has challenged the outcome of Sibanye’s study, the company says it will under no condition consider revising the current wage agreement, or “any other U.S. MOST ACTIVE ISSUES

VOLUME WEEK (000s) HIGH LOW CLOSE CHANGE

Vale* VALE 97902 13.78 13.29 13.39 + 0.33 Freeport McMoR* FCX 93305 13.60 12.86 13.33 + 0.44 Goldcorp* GG 66316 11.71 11.31 11.69 + 0.25 Barrick Gold * GOLD 59643 13.77 13.06 13.49 - 0.22 Yamana Gold* AUY 56128 2.65 2.47 2.59 - 0.02 Cleveland-Clif* CLF 51329 11.08 10.20 10.54 + 0.55 Newmont Mng* NEM 44738 36.53 35.38 36.50 + 0.73 Kinross Gold* KGC 44524 3.52 3.30 3.50 + 0.06 United States S* X 40796 20.53 19.72 19.84 + 0.35 Harmony Gold* HMY 28530 1.97 1.78 1.94 + 0.04

type of settlement that undermines” its other stakeholders. AMCU began its strike in late November 2018, after Sibanye reached a three-year wage agreement with the other three unions. The company claims that despite attempts to

negotiate with AMCU, the organization’s leadership has made unaffordable demands. Shares of First Majestic Silver fell US13¢ to US$6.45. The company drilled more than 211,000 metres at its operating mines in 2018. TNM

U.S. GREATEST PERCENTAGE CHANGE

Lithium Amer* Sibanye-Stillw* Kirkland Lake* Cleveland-Clif* Alcoa* Hecla Mining* Mechel* Rio Tinto* NACCO Ind* Teck Res* Seabridge Gld* CONSOL Energy* DRDGOLD* First Majestic* Barrick Gold * Wheaton Prec M* Cameco Corp* Peabody Enrgy* Endeavr Silver* Alamos Gold*

LAC SBGL KL CLF AA HL MTL RIO NC TECK SA CEIX DRD AG GOLD WPM CCJ BTU EXK AGI

VOLUME WEEK (000s) HIGH LOW CLOSE CHANGE

1813 4.80 3.90 4.80 + 26.9 20677 4.65 4.19 4.60 + 11.4 8000 32.85 29.15 32.27 + 6.1 51329 11.08 10.20 10.54 + 5.5 18059 29.69 28.18 29.55 + 4.9 22027 2.42 2.21 2.40 + 4.3 492 2.12 1.95 2.06 + 4.0 12719 61.71 59.81 61.07 + 3.8 126 39.88 37.55 39.66 + 3.8 20890 24.13 22.71 24.05 + 3.8 3684 12.47 11.10 11.53 - 6.9 1795 35.18 32.25 33.46 - 2.2 294 1.99 1.87 1.95 - 2.0 12399 6.61 6.16 6.45 - 2.0 59643 13.77 13.06 13.49 - 1.6 18527 24.13 23.08 23.44 - 1.6 10245 11.89 11.48 11.63 - 1.4 4308 29.19 27.10 27.99 - 1.2 3331 2.54 2.31 2.49 - 1.2 9368 5.14 4.70 5.02 - 1.2

U.S. GREATEST VALUE CHANGE

MartinMarietta* MLM Chevron Corp* CVX Rio Tinto* RIO Kirkland Lake* KL NACCO Ind* NC Alcoa* AA Southern Copp* SCCO NTR Nutrien* Lithium Amer* LAC Teck Res* TECK Seabridge Gld* SA CONSOL Energy* CEIX Wheaton Prec M* WPM Peabody Enrgy* BTU Black Hills* BKH Barrick Gold * GOLD Cameco Corp* CCJ First Majestic* AG Buenaventura* BVN Alamos Gold* AGI

VOLUME WEEK (000s) CLOSE CHANGE

3289 205.82 22725 126.42 12719 61.07 8000 32.27 126 39.66 18059 29.55 3696 41.03 6041 54.07 1813 4.80 20890 24.05 3684 11.53 1795 33.46 18527 23.44 4308 27.99 1500 73.84 59643 13.49 10245 11.63 12399 6.45 3994 17.18 9368 5.02

+ 4.64 + 3.24 + 2.22 + 1.86 + 1.44 + 1.39 + 1.35 + 1.31 + 1.02 + 0.87 - 0.86 - 0.76 - 0.38 - 0.34 - 0.23 - 0.22 - 0.16 - 0.13 - 0.10 - 0.06

2019-04-09 6:57 PM


GLOBAL MINING NEWS · SINCE 1915

THE NORTHERN MINER / APRIL 15–28, 2019

19

M E TA L S , M I N I N G A N D M O N EY M A R K E T S Tuesday, March 26, 2019 Precious Metals Price (US$/oz.) Change Gold $1297.10 +5.20 Silver $15.14 +0.07 Platinum $911.00 +63.00 Palladium $1384.00 +5.00 Base Metals Nickel Copper Lead Zinc

TSX WARRANTS

PRODUCER AND DEALER PRICES

SPOT PRICES COURTESY OF SCOTIABANK

Price (US$/tonne) Change $13225.00 +14.00 $6482.50 +12.00 $1980.00 -15.50 $2859.00 -45.00

LME WAREHOUSE LEVELS Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, April 5, 2019 (change from March 29, 2019 in brackets): Aluminium Alloy 9200 (0) Aluminium 1104525 (-24650) Copper 198300 (+29775) Lead 78725 (-25) Nickel 180552 (-2022) Tin 920 (-80) Zinc 50425 (-1900)

Thermal Coal CAPP: US$40.00 per short ton Coal: Central Appalachia, 12,500 Btu, 1.2 S02-R,W: US$73.20 Coal: Powder River Basin, 8,800 Btu, 0.8 S02-R, W: US$12.15 Cobalt: US$14.97/lb. Copper: US$2.93/lb. Copper: CME Group Futures May 2019: US$2.94/lb.; June: 2019: US$2.94/lb Iridium: NY Dealer Mid-mkt US$1,460.00/tr oz. Iron Ore 62% Fe CFR China-S: N.A. Lead: US$0.89/lb. Molybdenum Oxide: US$12.46/lb. Phosphate Rock: US$86.00/tonne Potash: US$226.00/tonne Rhodium: Mid-mkt US$3,030.00 tr. oz. Ruthenium: Mid-mkt US$263.00/tr. oz. Silver: Handy & Harman Base: US$14.54 per oz.; Handy & Harman Fabricated: US$18.17 per oz. Tantalite Ore : US$186.50/kg Tin: US$9.65/lb. Uranium: U3O8, Trade Tech spot price: US$24.90 per lb U308 Zinc: US$1.35/lb. Prices current Apr. 9, 2019

NORTH AMERICAN STOCK EXCHANGE INDICES

52-week

Index Apr 5 Apr 4 Apr 3 Apr 2 Apr 1 High Low S&P/TSX Composite 16396.15 16311.61 16279.86 16263.87 16228.06 15527.30 12400.15 S&P/TSXV Composite 629.81 626.19 627.38 625.70 626.19 1050.26 883.52 S&P/TSX 60 978.21 973.45 971.66 970.43 967.69 896.74 709.99 S&P/TSX Global Gold 197.13 197.17 192.92 193.07 191.53 218.90 149.29 DJ Precious Metals 165.44 165.44 162.01 161.98 161.23 420.72 130.95

TSX SHORT POSITIONS

TSX VENTURE SHORT POSITIONS

Short positions outstanding as of Mar 15, 2019 (with changes from Feb 28, 2019) Largest short positions Sandstorm Gold SSL 17682915 -24405 2/28/2019 Goldcorp G 14808268 4030104 2/28/2019 Nemaska Lith NMX 14223640 -800919 2/28/2019 Ivanhoe Mines IVN 13809500 471163 2/28/2019 Turquoise HIl TRQ 11482436 322594 2/28/2019 New Gold NGD 11335896 569480 2/28/2019 Barrick Gold ABX 11288027 -603956 2/28/2019 Kinross Gold K 9523812 -2058160 2/28/2019 Yamana Gold YRI 8021676 127573 2/28/2019 McEwen Mng MUX 7924583 831659 2/28/2019 Copper Mtn Mng CMMC 7905533 -80937 2/28/2019 Franco-Nevada FNV 7762079 6364599 2/28/2019 Lucara Diam LUC 7724771 19098 2/28/2019 Nexgen Energy NXE 7279560 24597 2/28/2019 First Quantum FM 7091863 -1239950 2/28/2019 Largest increase in short position Franco-Nevada FNV 7762079 6364599 2/28/2019 Goldcorp G 14808268 4030104 2/28/2019 Denison Mines DML 6489240 3978063 2/28/2019 Alacer Gold ASR 6259219 2326973 2/28/2019 Nthn Dynasty NDM 3478013 1683375 2/28/2019 Largest decrease in short position K 9523812 -2058160 2/28/2019 Kinross Gold Nutrien NTR 3296290 -1569014 2/28/2019 First Quantum FM 7091863 -1239950 2/28/2019 Teck Res TECK.B 3756801 -1062339 2/28/2019 Osisko Mng Inc OSK 4761885 -879405 2/28/2019

Short positions outstanding as of Mar 15, 2019 (with changes from Feb 28, 2019) Largest short positions First Cobalt FCC 6472832 4372676 2/28/2019 RJK Explor RJX.A 2237673 1939074 2/28/2019 Cameo Cobalt CRU 2049082 2028282 2/28/2019 Leeta Gold HIVE 1439980 -99325 2/28/2019 Fission 3.0 FUU 1190977 -621476 2/28/2019 Atlantic Gold AGB 1087797 -34767 2/28/2019 Victoria Gold VIT 1007761 592553 2/28/2019 Cobalt 27 Cap KBLT 986893 -128936 2/28/2019 RosCan Gold ROS 972115 943984 2/28/2019 Standard Lith SLL 902272 -67161 2/28/2019 Novo Res NVO 795947 196945 2/28/2019 Rusoro Mng RML 788977 720719 2/28/2019 Amarillo Gold AGC 731950 -45550 2/28/2019 Teslin Rvr Res SIM 637944 599534 2/28/2019 Scorpio Gold SGN 631484 629484 2/28/2019 Largest increase in short position First Cobalt FCC 6472832 4372676 2/28/2019 Cameo Cobalt CRU 2049082 2028282 2/28/2019 RJK Explor RJX.A 2237673 1939074 2/28/2019 RosCan Gold ROS 972115 943984 2/28/2019 Rusoro Mng RML 788977 720719 2/28/2019 Largest decrease in short position Universal Cop UNV 42627 -1385570 2/28/2019 Walker River WRR 36042 -1228695 2/28/2019 MAX Res MXR 298945 -1015446 2/28/2019 Centenera Mng CT 5000 -997000 2/28/2019 Albert Mining AIIM 60812 -764775 2/28/2019

DAILY METAL PRICES Daily Metal Prices Date Apr 8 Apr 5 Apr 4 Apr 3 Apr 2 BASE METALS (London Metal Exchange -- Midday official cash/3-month prices, US$ per tonne) Al Alloy 1295/1350 1375/1400 1365/1390 1425/1450 1425/1450 Aluminum 1858/1882.50 1863/1886 1871/1892 1864/1893 1857.50/1883.50 Copper 6432/6450 6418/6432 6443/6460 6481/6487 6430/6439.50 Lead 1978/2000 1971/1992.50 1987.50/2005.50 1983/2005 1973/1998.50 Nickel 13140/13225 13080/13175 13040/13120 13180/13275 13015/13100 Tin 20975/20800 21275/21100 21300/21145 21425/21200 21280/21175 Zinc 2957/2891 2968/2907.50 2991/2919 2974/2897 2937/2877 PRECIOUS METAL PRICES (London fix, LBMA silver price, US$ per troy oz.) Gold AM 1297.10 1288.90 1291.60 1291.85 1287.20 Gold PM 1300.00 1288.45 1283.15 1290.45 1290.30 Silver 15.14 15.20 15.09 15.17 15.03 Platinum 914.00 903.00 882.00 862.00 850.00 Palladium 1371.00 1352.00 1367.00 1406.00 1431.00

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 Golden Queen Mining Co (GQM.WT) Wt buys sh @ $2 to Jul 25/19 Gran Colombia Gold (GCM.WT.B) - One warrant to purchase one common share of the Issuer at $2.21 until expiry.

Liberty Gold Corp. Wt (LGD.WT) - One Warrant to purchase one common share of the Issuer at $0.90 until expiry may 16, 2019 Lithium Americas Corp (LAC.WT) - One Warrant to purchase one common share of the Issuer at $0.90 until expiry Lydian International Limited (LYD.WT) One Warrant to purchase one additional ordinary share of the Issuer at $0.36 per share until expiry MBAC Fertilizer (MBC.WT) - Wt buys sh @ $1 to Apr 17/19 Nemaska Lithium Inc (NMX.WT) - Wt buys sh @ $1.5 to Jul 8/19 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

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. Avino Silver & Gold Mines Ltd. (ASM. WT) - Wt buys sh @ US$0.2 to Nov 28/19 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. Cornerstone Capital Resources (CGP. WT.S) - Wt buys sh @ $0.35 to Apr 07/19

Equinoxgold Corp (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 (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 Jet Metal (JET.WT) - Wt buys sh @ $0.25 to Sep 16/19 Kootenay Silver Inc. (KTN.WT) - Wt buys sh @ $0.55 to Apr 21/21 LSC Lithium Corporation (LSC.RT) - One (1) right exercisable for One (1) Unit at $0.40 per Unit.

Osisko Gold Royalties (OR.WT) - Wt buys sh @ $36.5 to Feb 18/22 Pilot Gold Inc. Wt (PLG.WT) - Wt buys sh @ $0.9 to May 16/19 Platinum Group Metals Ltd. (PTM.WT.U) - One Warrant to purchase one common share of the Issuer at US$0.17 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 20180062 table ) determined based on the Applicable Reference Cobalt Price at an exercise price of $1.95 per Warrant at any time prior to the Expiry Date Sprott Resource Corp (SRHI.WT) - Wt buys sh @ $0.3333 to Feb 09/22

TSX VENTURE WARRANTS Maple Gold Mines Ltd. (MGM.WT) One warrant to purchase one common share at $0.40 per share Millennial Lithium Corp. (ML.WT) - One warrant to purchase one common share at $4.25 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 Vision Lithium Inc. (VLI.WT) - One warrant to purchase one common share at $0.15 per share. West Kirkland Mining (WKM.WT) - Wt buys sh @ $0.3 to Apr 17/19 Yellowhead Mining Inc. (YMI.RT) - One (1) Right and $0.12 are required to prchase one Share

NEW 52-WEEK HIGHS AND LOWS APRIL 1–5, 2019 61 New Highs American Batt* Anglo American* Britannia Mng* Cache Explor Cache Explor* California Gld Cantex Mn Dev Cantex Mn Dev* Cariboo Rose Centurion Mnls Champion Iron Champion Iron* Chiboug Ind Mn Chiboug Ind Mn* CMC Metals Doubleview Cap EnCore Energy Fairmile Gold* Filo Mg Corp

Filo Mg Corp * Fortescue Met* GoldON Res* Green Valley M Hemcare Health* HudBay Min K92 Mining K92 Mining* Kingsmen Res Kingsmen Res* Kore Mining * Lode-Star Mg* Lonmin plc* Lovitt Res* New Pac Metals* Nickel One Res Olivut Res Omineca Mining One World Lith* Orestone Mng

Paringa Res* Phoenix Gold Q-Gold Res Rare Element* Rio Tinto* Rover Metals* Royal Rd Mnrls Sandy Lake Gld Silver Spruce Silver Spruce* Stans Energy Stans Energy* Tearlach Res Tethyan Res Umbral Enrgy* Unity Metals* Ur-Energy Verde Res* Victory Metals* Wallbridge Mng

White Mtn Engy* Zara Res*

57 New Lows ATAC Res Baroyeca Gold* Beauce Gold BeMetals Brigadier Gold* Cadillac Vent* Clydesdale Res Cobalt Block Coeur Mng* Compass Gold* Critical Elem Defense Metals* Eastmain Res Fortuna Silvr Fortuna Silvr* GAR Limited Geomega Res*

Global Battery* Go Cobalt* Guyana Gldflds Harfang Explor Harte Gold Hut 8 Mining Jaguar Mng K2 Gold Kenadyr Mining* Leading Edge Leading Edge* Maple Gold* McEwen Mng McEwen Mng* MGX Minerals MGX Minerals* Mirasol Res Mountain Prov Mountain Prov* Nickel Creek*

Noka Res* NSS Res Inc Oriental Non F Oroco Res Pacton Gold Pancontinental* Paramount Gold* Peabody Enrgy* PolyMet Mng* Power Metals Power Metals* Saturn Mnrls Sierra Metals* Silver Mtn Mns* Sirios Res* Stornoway Diam TMAC Resources UrbanGold Min ValOre Metals Vendetta Mng

CANADIAN GOLD MUTUAL FUNDS Fund Apr 5 ($) AGF Prec Mtls Fd MF BMO Prec Mtls Fd A 18.28 BMO ZGD 46.23 BMO ZJG 46.69 CIBC Prec Metal Fd A 9.89 Dyn Prec Metls Fd A 6.80 10.94 Galileo GOGO Harvest HGGG Horizons HEP IG Mac GbPMetCl A 8.45 12.33 iShares XGD Mac Prec Met Cl A 45.36 NBI PrecMetFd Invt 12.35 NPT Gold&PrMinFdA NPT SilverEquCl A RBC GblPreMetFd A 32.82 Sentry Pre Met Fd A TD Prec Mtl Fd Inv 32.74

Mar 29 ($) Change ($) Change (%) YTDChange (%) MER (%) TotalAssets (M$) 18.98 -0.27 -1.39 4.99 2.80 94.08 18.23 0.05 0.25 3.82 2.40 58.13 45.70 0.52 1.14 8.35 0.61 47.01 -0.32 -0.69 6.33 0.60 9.84 0.05 0.53 4.21 2.45 41.81 6.83 -0.03 -0.44 8.38 2.71 346.32 10.90 0.04 0.36 8.99 0.60 20.85 -0.34 -1.59 24.52 0.09 0.38 6.36 0.83 8.42 0.03 0.36 6.52 2.75 31.14 12.22 0.11 0.91 2.08 0.55 765.95 45.16 0.20 0.44 6.64 2.52 12.35 0.00 0.00 6.86 2.46 27.16 33.06 -0.80 -2.38 3.37 3.04 4.94 -0.11 -2.19 8.69 2.95 32.77 0.05 0.16 5.91 2.13 305.08 34.12 -1.49 -4.29 7.46 2.46 243.23 32.50 0.24 0.74 3.71 2.27 102.21

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

Apr 5 Apr 4 Apr 3 Apr 2 Apr 1 1.3364 1.3364 1.3341 1.3340 1.3311 0.7483 0.7483 0.7496 0.7496 0.7513

Exchange rates (Quote Media, April 5, 2019) C$ to AUS C$ to EURO C$ to YEN C$ to Mex Peso C$ to SA Rand 1.0523 0.6668 83.5415 14.3373 10.5641 C$ to UK Pound C$ to China Yuan C$ to India Rupee C$ to Swiss Franc C$ to S. Korea Won 0.5724 5.0261 51.6125 0.7481 850.3398 US to EURO US to YEN US to Mex Peso US to SA Rand US to AUS 1.4063 0.8911 111.6390 19.1587 14.1161 US to UK Pound US to China Yuan US to India Rupee US to Swiss Franc US to S. Korea Won 0.7650 6.7176 68.9804 0.9998 1136.3000

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

LEGEND A – Australian Securities Exchange C – Canadian Stock Exchange 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.$

19_APRIL15_MMMM.indd 19

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

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

GLOBAL MINING NEWS · SINCE 1915

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2019-04-09 3:06 PM


20

WWW.NORTHERNMINER.COM

APRIL 15–28, 2019 / THE NORTHERN MINER

S T O C K TA B L E S

MINING STOCKS listed on CANADIAN and U.S. EXCHANGES TRADING: APRIL 1–5, 2019 (100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

A 21C Metals 1523 37 Capital* O 50 37 Capital 50 66 Resources 70 92 Resources V 77 92 Resources* O 1 O 296 Abacus Mining* Abacus Mining V 174 Abcourt Mines V 260 Abcourt Mines* O 15 Aben Resources* O 288 Aben Resources V 1007 Aberdeen Intl* O 327 Aberdeen Intl T 403 Abitibi Royal* O 20 Abitibi Royal V 11 O 458 AbraPlata Res* AbraPlata Res V 990 O 293 Adamera Min* Adamera Min V 2917 Adex Mining V 207 Advance Gold V 74 V 459 Advantage Lith O 277 Advantage Lith* Adventus V 72 Adventus* O 28 Aethon Mineral V 107 AEX Gold V 3 Affinity Metal* O 5 African Gold* O 50 African Gold V 469 African Min* O 34 Aftermath Silv* O 22 Aftermath Silv V 55 Agnico Eagle T 3318 Agnico Eagle* N 7685 AgriMinco* O 20 Aguia Resource V 4404 2 Aguila Amer Gd V Aguila Amer Gd* O 0 AJN Resources 205 Alacer Gold T 3334 Alamos Gold T 3295 Alamos Gold* N 9368 Alaska Pac Egy* O 50050 Alba Minerals* O 1 Albert Mining V 5763 Albert Mining* O 22 N 18059 Alcoa* Aldebaran Res V 143 Alderon Iron* O 133 Alderon Iron T 156 Aldever Res* O 2 Aldever Res V 89 Alexandra Cap* O 5 Alexandria Min* O 38 Alexandria Min V 2871 Alexco Res* X 2012 Alexco Res T 689 Algold Res V 42 Alianza Min V 95 Alianza Min* O 90 Alien Metals* O 300 Alio Gold* X 667 Alio Gold T 306 Allante Res V 55 Allegiant Gold V 33 Allegiant Gold* O 78 Alliance Mng V 347 Alliance Res* D 4080 Almaden Min T 180 Almaden Min* X 678 Almadex Min* O 88 Almadex Min V 193 Almonty Ind * O 13 Almonty Ind T 164 Aloro Mining* O 53 Aloro Mining V 86 Alphamin Res * O 2015 Alphamin Res V 312 Altai Resource V 172 O 70 Altai Resource* Altair Res Inc* O 0 34 Altair Res Inc V Altamira Gold V 1250 Altamira Gold* O 33 Altan Nevada V 237 645 Altan Rio Min V Altiplano Met V 288 Altius Mnrls * O 79 Altius Mnrls T 187 Alto Ventures V 89 Altura Mining* O 357 Alturas Min V 5 Altus Strat V 470 Alumina Ltd* O 39 ALX Uranium V 118 ALX Uranium* O 29 AM Resources V 123 Amador Gold V 364 Amani Gold* O 150 Amarc Res V 47 Amarc Res* O 5 Amarillo Gold V 144 Amarillo Gold* O 106 O 153 Amazing Energy* Amer Intl Vent* O 43 O 20 American Batt* American Creek* O 47 American Creek V 108 American CuMo* O 39 American Lith V 585 American Lith* O 973 American Mang* O 651 American Mang V 859 American Pac 5649 American Pac* O 400 AmericanSierra* O 1 Americas Silvr* X 1511 T 1337 Americas Silvr Amerigo Res T 648 Amerigo Res* O 533 Amex Expl* O 6 Amex Expl V 218 Amilot Capital V 34 Amseco Expl V 14 Anaconda Mng T 1032 O 360 Anaconda Mng* Anconia Res V 500 Andes Gold* O 47 Andover Mng* O 30 Anfield Energy* O 358 Anfield Energy V 1650 Angel Gold* O 42 Angel Gold V 803 Angkor Gold V 107 Angkor Gold* O 25 Anglo American* O 2 Anglo American* O 813 Anglo Pac Grp T 10 AngloGold Ash* O 0 AngloGold Ash* N 12481 Angus Ventures V 7020 Antioquia Gold* O 35 Antioquia Gold V 143 Antler Gold V 62 Antofagasta* O 5 Apex Res * O 1 Apex Res V 40 Appia Energy 172 Appia Energy* O 108 Applied Min* O 160 Aquila Res* O 217 Aquila Res T 94 Arch Coal* N 1164 Archon Mineral V 12 Arctic Star* O 16 Arctic Star V 4243 Arcus Dev Grp V 318 Arena Min V 266 Arena Min* O 10 Argentina Lith* O 35 Argentina Lith V 571 Argentum Silvr V 144 Argex Titanium T 3539

20-23_APRIL15_StockTables.indd 20

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(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

Argex Titanium* O 681 Argo Gold* O 26 Argo Gold 172 Argonaut Gold* O 92 Argonaut Gold T 1283 Arianne Phosph V 71 Arianne Phosph* O 52 Arizona Silver* O 133 Arizona Silver V 178 Armor Min V 9 Asanko Gold T 199 Asanko Gold* X 697 Asante Gold 245 Asante Gold* O 7 Asbestos Corp V 10 O 50 Ascendant Res* Ascendant Res T 17 O 63 Ascot Res * Ascot Res V 742 Ashanti Gold V 286 V 2 Ashanti Sanko Ashanti Sanko* O 2 AsiaBaseMetals V 42 Asian Mineral V 2 Aston Bay V 237 Aston Bay* O 22 Astorius Res V 318 Astur Gold V 15 ATAC Res V 968 ATAC Res* O 312 O 17642 Atacama Res* Atalaya Mining T 2 O 33 Athabasca Min* Athabasca Min V 223 Athena Silver* O 16 Atico Mining* O 51 Atico Mining V 105 Atlanta Gold* O 2 Atlanta Gold V 79 Atlantic Gold V 1611 Atlantic Gold* O 164 Atlantic Indus V 282 Atlatsa Res* O 83 Atlatsa Res T 50 Atom Energy * O 2 O 9 Aton Resources* Aton Resources V 362 Aura Minerals* O 0 Aura Minerals T 2 Aura Resources V 46 Aura Resources* O 12 Auramex Res V 460 Aurania Res* O 22 Aurania Res V 38 Aurcana Corp V 23 O 11 Aurcana Corp* AurCrest Gold V 17 O 1 AurCrest Gold* Aurelius Min V 1266 Aurex Energy V 23 Aurion Res V 230 Aurion Res * O 47 Aurora Royal V 284 AURYN Mining* O 5 T 570 Auryn Resource X 493 Auryn Resource* Aust Mines* O 160 Austin Res V 28 Austral Gold* O 18 Austral Gold V 75 Auxico Res 619 Avalon Advance T 573 Avalon Advance* O 548 Avarone Metals* O 134 Avarone Metals 393 Avesoro Res T 67 Avidian Gold V 113 Avino Silver* X 1584 Avino Silver T 134 Avrupa Min* O 102 Avrupa Min V 542 Awale Res V 346 Axmin Inc* O 5 Axmin Inc V 298 Azarga Metals V 60 Azarga Metals* O 65 O 207 Azarga Uranium* Azarga Uranium T 562 Azimut Explor V 15 O 19 Azimut Explor* O 105 Azincourt Ener* Azincourt Ener V 840 V 159 Aztec Minerals Aztec Minerals* O 288 Azteca Gold* O 1047 Azucar Min V 219

0.04 0.03 0.03 - 0.01 0.05 0.01 0.15 0.12 0.12 - 0.03 0.24 0.08 0.19 0.14 0.16 - 0.03 0.33 0.07 1.40 1.25 1.31 - 0.09 2.07 0.85 1.89 1.70 1.74 - 0.14 2.65 1.18 0.42 0.40 0.40 - 0.01 0.61 0.35 0.31 0.30 0.30 - 0.03 0.47 0.27 0.12 0.10 0.12 + 0.02 0.15 0.04 0.15 0.12 0.15 + 0.03 0.19 0.06 0.40 0.00 0.40 unch 0.00 0.73 0.30 0.87 0.83 0.86 + 0.02 1.79 0.80 0.65 0.60 0.64 + 0.02 1.38 0.56 0.08 0.05 0.08 + 0.02 0.08 0.03 0.04 0.04 0.04 unch 0.00 0.05 0.03 0.55 0.55 0.55 unch 0.00 0.88 0.33 0.39 0.39 0.39 unch 0.00 0.90 0.28 0.55 0.52 0.52 + 0.01 1.16 0.35 0.67 0.59 0.62 - 0.05 1.23 0.59 0.89 0.78 0.80 - 0.09 1.65 0.76 0.05 0.05 0.05 unch 0.00 0.20 0.04 0.03 0.03 0.03 unch 0.00 0.10 0.02 0.02 0.02 0.02 unch 0.00 0.05 0.02 0.14 0.12 0.14 - 0.01 0.40 0.12 0.00 0.00 0.17 unch 0.00 3.00 0.17 0.05 0.05 0.05 - 0.01 0.25 0.05 0.04 0.04 0.04 + 0.00 0.19 0.03 0.03 0.03 0.03 unch 0.00 0.07 0.03 0.19 0.00 0.19 + 0.01 0.31 0.16 0.25 0.20 0.22 - 0.03 0.63 0.20 0.19 0.15 0.16 - 0.03 0.51 0.15 0.00 0.00 0.00 + 0.00 0.00 0.00 3.70 3.70 3.70 unch 0.00 5.10 2.88 0.46 0.44 0.44 - 0.03 0.53 0.10 0.63 0.59 0.62 unch 0.00 0.71 0.12 0.04 0.00 0.04 + 0.02 0.09 0.01 0.25 0.23 0.23 - 0.00 0.51 0.17 0.33 0.31 0.32 - 0.01 0.66 0.23 0.02 0.02 0.02 unch 0.00 0.04 0.02 0.03 0.00 0.03 unch 0.00 0.06 0.03 2.17 1.95 2.03 - 0.09 2.38 1.40 1.61 1.47 1.52 - 0.08 1.76 1.07 0.02 0.01 0.02 + 0.01 0.05 0.01 0.07 0.06 0.07 + 0.01 0.07 0.02 0.08 0.00 0.08 + 0.01 0.09 0.03 0.05 0.05 0.05 unch 0.00 0.34 0.00 0.03 0.03 0.03 - 0.00 0.08 0.02 0.04 0.04 0.04 unch 0.00 0.11 0.02 0.00 0.00 16.14 unch 0.00 16.50 1.00 20.03 20.01 20.02 + 0.06 25.00 14.60 0.05 0.05 0.05 unch 0.00 0.18 0.03 0.05 0.03 0.03 - 0.02 0.05 0.01 0.06 0.05 0.05 - 0.01 0.08 0.03 2.75 2.52 2.61 - 0.14 3.00 1.03 3.67 3.47 3.48 - 0.09 4.10 1.93 0.68 0.00 0.65 unch 0.00 1.38 0.35 0.51 0.46 0.46 - 0.06 0.60 0.00 0.02 0.02 0.02 - 0.01 0.04 0.01 0.01 0.01 0.01 unch 0.00 0.02 0.01 0.04 0.03 0.04 unch 0.00 0.07 0.02 0.27 0.23 0.25 unch 0.00 1.30 0.24 1.28 1.05 1.15 + 0.05 2.15 0.67 0.95 0.80 0.85 + 0.05 1.63 0.52 0.09 0.09 0.09 + 0.01 0.11 0.06 0.52 0.36 0.52 + 0.07 1.80 0.10 2.00 1.85 1.92 - 0.05 2.08 1.14 1.50 1.38 1.46 + 0.01 1.57 0.85 0.02 0.02 0.02 - 0.00 0.33 0.02 0.02 0.00 0.02 + 0.01 0.02 0.01 0.05 0.00 0.05 + 0.00 0.40 0.00 0.08 0.00 0.07 - 0.03 0.13 0.05 0.18 0.13 0.17 - 0.02 0.31 0.12 0.05 0.05 0.05 + 0.01 0.14 0.05 0.04 0.03 0.03 - 0.00 0.11 0.03 0.04 0.03 0.03 + 0.00 0.06 0.02 0.06 0.05 0.05 unch 0.00 0.10 0.04 2.31 2.05 2.08 - 0.12 5.99 2.05 0.18 0.16 0.18 + 0.02 0.69 0.16 0.62 0.56 0.58 - 0.02 1.55 0.50 0.82 0.75 0.76 - 0.06 1.95 0.65 0.03 0.03 0.03 - 0.00 0.10 0.03 0.05 0.00 0.04 - 0.01 0.13 0.04 0.11 0.07 0.08 - 0.03 0.24 0.06 0.36 0.35 0.35 - 0.01 0.50 0.05 0.50 0.46 0.49 - 0.01 0.66 0.05 0.12 0.10 0.11 + 0.01 0.16 0.09 0.08 0.08 0.08 unch 0.00 0.11 0.05 0.18 0.16 0.18 + 0.00 0.24 0.15 0.24 0.21 0.24 + 0.01 0.34 0.20 0.41 0.39 0.39 - 0.04 0.48 0.22 0.28 0.28 0.28 unch 0.00 0.32 0.17 0.04 0.03 0.03 - 0.02 0.10 0.03 0.06 0.05 0.06 + 0.01 0.13 0.05 0.17 0.16 0.16 unch 0.00 0.29 0.14 0.13 0.12 0.12 - 0.02 0.20 0.10 0.00 0.00 0.00 + 0.00 0.00 0.00 0.37 0.31 0.36 + 0.04 1.61 0.28

B2Gold Corp* X 21115 10769 B2Gold Corp T Balmoral Res T 234 O 158 Balmoral Res* Balto Res V 287 Bankers Cobalt V 1115 Bankers Cobalt* O 10 Bannerman Res* O 1734 Banyan Gold V 1245 Banyan Gold* O 62 Bard Ventures* O 0 Bard Ventures V 3 Barker Min V 1608 Barker Min* O 11 Barkerville V 433 Barkerville* O 169 V 206 Barksdale Cap Barksdale Cap* O 123 V 1 Barolo Venture Baroyeca Gold V 875 Baroyeca Gold* O 545 Barrick Gold * N 59643 Barrick Gold T 15445 Barsele Min* O 101 Barsele Min V 293 Batero Gold* O 6 Batero Gold V 154 Bayhorse Silvr* O 66 Bayhorse Silvr V 218 BC Moly * O 0 BC Moly V 0 BCM Res V 13 BE Res V 25 Bear Creek Mng V 140 Bear Creek Mng* O 58 Bearclaw Cap V 20 Bearing Lith V 438 Bearing Lith* O 40 Beauce Gold V 207 Bell Copper V 138 Bell Copper* O 108 Belmont Res V 1586 Belo Sun Mng T 1028 Belo Sun Mng* O 288 BeMetals V 226 Benchmark Met* O 76 Benchmark Met V 327 Benton Res V 284 Benton Res* O 105 Benz Mining V 485 Benz Mining* O 0 Berkwood Res V 607 Berkwood Res * O 20 Bird River Res 332 Bitterroot Res* O 523 Bitterroot Res V 799 Black Dragon* O 8 Black Hills* N 1500 Black Iron* O 181 Black Iron T 5150 Black Mammoth V 1 Black Sea V 55 Black Sea * O 0 Black Tusk Res 455 Blackheath Res V 125 Blackrock Gold* O 25 Blackrock Gold V 302 Blind Creek V 164 BLOX Inc* O 43

2.82 2.67 2.80 - 0.01 3.35 2.10 3.76 3.57 3.75 + 0.01 4.40 2.77 0.13 0.12 0.12 - 0.01 0.29 0.12 0.10 0.08 0.09 + 0.00 0.24 0.08 0.12 0.07 0.07 - 0.05 0.16 0.05 0.04 0.04 0.04 unch 0.00 0.33 0.02 0.03 0.02 0.02 - 0.00 0.24 0.01 0.04 0.03 0.03 + 0.00 0.06 0.03 0.05 0.04 0.05 + 0.01 0.09 0.04 0.05 0.03 0.04 + 0.01 0.06 0.02 0.00 0.00 0.19 unch 0.00 0.21 0.03 0.26 0.00 0.19 - 0.03 1.63 0.18 0.01 0.01 0.01 unch 0.00 0.02 0.01 0.01 0.01 0.01 unch 0.00 0.01 0.00 0.38 0.35 0.36 - 0.02 0.70 0.30 0.29 0.26 0.27 - 0.00 0.57 0.23 0.54 0.43 0.50 + 0.05 0.86 0.43 0.41 0.31 0.36 + 0.01 0.61 0.31 0.25 0.00 0.25 unch 0.00 0.30 0.09 0.01 0.01 0.01 unch 0.00 0.03 0.01 0.01 0.00 0.00 - 0.00 0.02 0.00 13.77 13.06 13.49 - 0.22 88.70 11.52 18.37 17.46 18.04 - 0.28 19.49 12.54 0.37 0.31 0.31 - 0.05 0.68 0.28 0.50 0.00 0.47 - 0.03 1.03 0.36 0.04 0.04 0.04 unch 0.00 0.06 0.03 0.06 0.06 0.06 unch 0.00 0.09 0.06 0.08 0.06 0.07 - 0.00 0.18 0.06 0.09 0.09 0.09 - 0.01 0.23 0.09 0.02 0.02 0.02 unch 0.00 0.02 0.02 0.00 0.00 0.03 unch 0.00 0.16 0.03 0.11 0.10 0.11 unch 0.00 0.26 0.09 0.03 0.03 0.03 unch 0.00 0.07 0.02 1.45 1.35 1.38 - 0.06 2.60 0.89 1.07 1.00 1.03 - 0.03 2.07 0.71 0.03 0.03 0.03 unch 0.00 0.05 0.03 0.27 0.25 0.25 - 0.02 0.54 0.20 0.20 0.18 0.19 - 0.01 0.80 0.02 0.17 0.00 0.15 - 0.02 0.29 0.07 0.10 0.09 0.09 - 0.01 0.15 0.05 0.07 0.06 0.06 - 0.02 0.12 0.03 0.05 0.04 0.04 unch 0.00 0.10 0.03 0.31 0.29 0.29 - 0.01 0.42 0.17 0.24 0.21 0.22 - 0.00 0.33 0.12 0.25 0.00 0.25 unch 0.00 0.30 0.16 0.15 0.13 0.14 - 0.00 0.30 0.11 0.20 0.18 0.18 - 0.03 0.39 0.16 0.05 0.05 0.05 - 0.01 0.07 0.04 0.03 0.03 0.03 unch 0.00 0.06 0.03 0.06 0.05 0.05 - 0.01 0.15 0.05 0.00 0.00 0.05 unch 0.00 0.10 0.04 0.08 0.07 0.07 unch 0.00 0.20 0.06 0.06 0.06 0.06 + 0.00 0.15 0.04 0.03 0.02 0.02 - 0.01 0.23 0.02 0.07 0.04 0.04 - 0.01 0.09 0.01 0.07 0.05 0.06 unch 0.00 0.12 0.02 0.01 0.01 0.01 unch 0.00 0.14 0.01 74.14 72.00 73.84 - 0.23 74.77 52.63 0.07 0.04 0.06 + 0.02 0.09 0.03 0.09 0.07 0.08 + 0.02 0.12 0.05 0.00 0.00 0.06 unch 0.00 0.12 0.05 0.08 0.00 0.08 + 0.01 0.35 0.06 0.00 0.00 0.05 unch 0.00 0.09 0.01 0.19 0.17 0.17 + 0.01 0.29 0.12 0.02 0.02 0.02 unch 0.00 0.05 0.01 0.02 0.02 0.02 unch 0.00 0.12 0.02 0.04 0.04 0.04 unch 0.00 0.14 0.04 0.05 0.05 0.05 + 0.01 0.29 0.03 0.13 0.10 0.13 + 0.03 0.30 0.10

B

(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

Blue Moon Zinc* O 159 Blue Moon Zinc V 265 Blue River Res V 504 Blue River Res* O 255 Blue Sky Uran* O 298 Blue Sky Uran V 701 Blue Star Gold V 1066 BlueBird Batt V 3792 BlueBird Batt* O 119 Bluenose Gold V 89 Bluestone Res* O 35 Bluestone Res V 74 Bold Ventures V 3726 Bonanza Gold* O 288 BonTerra Res V 262 Boreal Metals V 350 Borneo Res Inv* O 2500 Bravada Gold V 584 Bravada Gold* O 111 Braveheart Res V 77 O 27 Bravo Multinat* Brazil Min* O 16005 Brigadier Gold* O 5 V 34 Brigadier Gold BrightRock* O 5 O 979 Britannia Mng* V 71 Brixton Metals Brixton Metals* O 142 Broadway Gold* O 11 V 21 Broadway Gold O 731 Brookmount Exp* Bryn Res* O 192 BTU Metals V 1274 Buenaventura* N 3994 Bullfrog Gold* O 209 Bullman Min V 200 Bunker Hill 7 BWR Explor V 25

0.04 0.00 0.03 - 0.01 0.08 0.02 0.04 0.04 0.04 + 0.01 0.11 0.04 0.02 0.02 0.02 unch 0.00 0.05 0.02 0.01 0.01 0.01 unch 0.00 0.04 0.01 0.16 0.12 0.15 + 0.02 0.18 0.09 0.20 0.17 0.20 + 0.03 0.23 0.13 0.04 0.03 0.04 + 0.01 0.05 0.02 0.35 0.29 0.31 + 0.01 0.56 0.17 0.25 0.22 0.25 + 0.03 0.41 0.14 0.19 0.16 0.16 - 0.03 0.33 0.09 0.94 0.86 0.92 - 0.01 1.16 0.81 1.25 1.17 1.20 - 0.01 1.60 1.05 0.04 0.02 0.03 + 0.01 0.04 0.02 0.00 0.00 0.00 - 0.00 0.00 0.00 1.95 1.89 1.93 + 0.03 5.60 1.88 0.10 0.07 0.09 - 0.01 0.25 0.04 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.07 0.00 0.07 - 0.01 0.11 0.05 0.05 0.00 0.05 - 0.00 0.09 0.04 0.10 0.09 0.09 - 0.01 0.12 0.06 0.61 0.54 0.56 - 0.07 0.95 0.02 0.00 0.00 0.00 - 0.00 0.00 0.00 0.13 0.00 0.13 unch 0.00 0.15 0.10 0.21 0.20 0.20 + 0.04 0.26 0.05 0.00 0.00 0.00 - 0.00 0.01 0.00 0.01 0.00 0.01 + 0.01 0.00 0.00 0.18 0.16 0.17 - 0.01 0.25 0.13 0.13 0.12 0.12 - 0.02 0.19 0.10 0.07 0.06 0.06 + 0.01 0.17 0.02 0.09 0.00 0.09 unch 0.00 0.23 0.06 0.01 0.01 0.01 - 0.00 0.03 0.00 0.10 0.06 0.08 + 0.00 0.10 0.00 0.12 0.10 0.11 - 0.01 0.14 0.04 17.41 16.42 17.18 - 0.10 17.78 11.67 0.14 0.09 0.13 - 0.00 0.18 0.04 0.11 0.11 0.11 unch 0.00 0.13 0.04 0.04 0.00 0.04 - 0.01 1.95 0.03 0.05 0.05 0.05 unch 0.00 0.07 0.03

Cabral Gold V 71 Cabral Gold* O 250 Cache Explor* O 19 Cache Explor V 4076 Cadillac Vent* O 0 Cadillac Vent V 365 Caledonia Mng* X 23 5 Caledonia Mng T Calibre Mng V 111 Calibre Mng* O 130 California Gld* O 222 California Gld 799 O 94 Callinex Mines* Callinex Mines V 402 Cameco Corp* N 10245 Cameco Corp T 4665 Cameo Cobalt* O 1440 V 6329 Cameo Cobalt Camino Min* O 7 Camino Min V 221 O 1 Camrova Res* Canada Carbon V 145 O 54 Canada Carbon* Canada Coal V 500 Canada Cobalt * O 296 Canada Cobalt V 782 Canada One V 75 Canada One* O 2 Canada Rare V 364 Canada Rare* O 101 Canadian Engy* O 0 Canadian Engy V 100 Canadian Metal 1689 Canadian Ore V 66 Canadian Ore* O 52 Canadian Prem V 1 O 57 CanAlaska Uran* CanAlaska Uran V 245 Canamex Gold 58 O 188 Canamex Gold* Canarc Res T 515 Canarc Res* O 102 Canasil Res V 476 Candelaria Mg V 50 Candente Coppr T 462 Candente Gold* O 22 Candente Gold V 147 4 CANEX Metals * O CANEX Metals V 8 CaNickel Mng V 5 CaNickel Mng* O 0 524 Canoe Mng Vent V 1 Canoe Mng Vent* O Canstar Res* O 85 Canstar Res V 474 Canterra Mnls V 85 Cantex Mn Dev V 919 Cantex Mn Dev* O 22 Canuc Res V 231 Canuc Res* O 60 T 804 Capstone Mng Cardero Res V 164 Cardero Res* O 2 Cardinal Res* O 6 Cardinal Res T 85 Cariboo Rose V 735 Carlin Gold V 1 Carrara Explor 14696 Cartier Iron 7 Cartier Res V 423 Carube Copper V 542 Casa Minerals V 187 Casa Minerals * O 170 Cascadero Copp V 203 CAT Strategic 5 Cautivo Mining 8 CellCube Enrgy* O 990 CellCube Enrgy 6000 Centamin T 65 Centaurus Diam* O 137 Centenera Mng* O 50 Centenera Mng V 5 Centerra Gold T 1515 Central Iron V 15 Central Tim Ex V 180 Centurion Mnls V 13790 O 121 Century Cobalt* Century Global* O 2 Century Global T 29 21 Cerro de Pasc * O Cerro de Pasc 378 Cerro Grande 24 Cerro Mng* O 0 Cerro Mng V 0 Ceylon Graph V 19 Chakana Copper V 308 Chakana Copper* O 52 Chalice Gold M* O 17 Chalice Gold M T 800 Champion Bear V 202 Champion Bear* O 30 Champion Iron T 7625 Champion Iron* O 2872 Chatham Rock V 17 Chesapeake Gld* O 60 Chesapeake Gld V 30 Chevron Corp* N 22725 Chiboug Ind Mn V 1569 Chiboug Ind Mn* O 305 Chilean Metals V 210 Chilean Metals* O 47 China Gold Int T 162 Cicada Vents V 40 CIM Intl Grp 2 Cipher Res V 51 Clarmin Explor V 483 Clean Comm* O 250 Clean Comm V 231 Cleghorn Mnls V 125 Cleveland-Clif* N 51329 Cliffmont Res V 50 Clifton Mng* O 192 Cloud Peak En* O 16149 Clydesdale Res V 1 CMC Metals* O 14 CMC Metals V 90 CMX Gold & Sil 63

0.26 0.21 0.23 + 0.03 0.43 0.18 0.16 0.15 0.15 unch 0.00 0.32 0.14 0.04 0.04 0.04 unch 0.00 0.04 0.01 0.07 0.05 0.06 + 0.02 0.07 0.03 0.00 0.00 0.02 unch 0.00 0.03 0.01 0.02 0.02 0.02 - 0.01 0.04 0.01 5.97 5.60 5.85 - 0.17 9.94 5.01 7.85 7.60 7.71 - 0.10 12.50 6.63 0.54 0.49 0.49 - 0.01 0.90 0.30 0.42 0.36 0.37 - 0.01 0.55 0.03 0.36 0.29 0.36 + 0.06 0.37 0.13 0.49 0.39 0.49 + 0.10 0.48 0.37 0.07 0.06 0.07 - 0.00 0.23 0.05 0.09 0.08 0.09 unch 0.00 0.31 0.08 11.89 11.48 11.63 - 0.16 13.04 9.39 15.85 15.34 15.56 - 0.19 17.12 12.31 0.10 0.08 0.10 + 0.01 0.94 0.03 0.14 0.12 0.14 + 0.02 0.43 0.05 0.11 0.10 0.11 + 0.01 0.26 0.07 0.16 0.14 0.14 + 0.01 0.34 0.09 0.04 0.04 0.04 unch 0.00 0.09 0.00 0.12 0.11 0.12 + 0.02 0.18 0.07 0.08 0.08 0.08 - 0.00 0.13 0.00 0.07 0.03 0.03 unch 0.00 0.11 0.03 0.28 0.22 0.28 + 0.03 0.79 0.01 0.37 0.32 0.37 + 0.04 0.90 0.19 0.05 0.04 0.04 unch 0.00 0.12 0.04 0.03 0.03 0.03 unch 0.00 0.11 0.03 0.06 0.05 0.06 + 0.01 0.10 0.04 0.04 0.03 0.03 - 0.00 0.08 0.02 0.00 0.00 0.09 unch 0.00 0.18 0.09 0.10 0.08 0.09 + 0.01 0.25 0.08 0.06 0.05 0.06 unch 0.00 0.20 0.05 0.35 0.29 0.29 - 0.04 0.45 0.14 0.26 0.25 0.26 + 0.00 0.34 0.15 1.35 1.30 1.35 + 0.05 3.98 1.06 0.21 0.20 0.21 + 0.01 0.35 0.19 0.29 0.26 0.29 + 0.01 0.45 0.25 0.06 0.05 0.05 - 0.01 0.17 0.05 0.03 0.03 0.03 - 0.00 0.13 0.03 0.06 0.06 0.06 - 0.01 0.08 0.03 0.04 0.04 0.04 + 0.00 0.06 0.02 0.08 0.00 0.07 unch 0.00 0.13 0.06 0.40 0.36 0.38 - 0.02 0.90 0.23 0.06 0.05 0.06 + 0.01 0.10 0.05 0.01 0.01 0.01 + 0.00 0.04 0.01 0.03 0.00 0.03 + 0.01 0.05 0.02 0.03 0.03 0.03 unch 0.00 0.05 0.02 0.05 0.00 0.05 + 0.01 0.08 0.03 0.07 0.07 0.07 - 0.01 0.16 0.06 0.00 0.00 0.08 unch 0.00 0.09 0.03 0.03 0.03 0.03 + 0.01 0.04 0.02 0.01 0.01 0.01 unch 0.00 0.02 0.01 0.05 0.03 0.03 - 0.01 0.19 0.04 0.06 0.05 0.05 - 0.01 0.30 0.05 0.02 0.02 0.02 unch 0.00 0.04 0.02 3.54 2.05 3.43 + 0.94 3.05 0.15 2.62 0.00 2.59 + 0.71 2.26 0.01 0.05 0.00 0.04 unch 0.00 0.23 0.04 0.03 0.03 0.03 unch 0.00 0.15 0.02 0.67 0.64 0.66 + 0.02 1.28 0.48 0.06 0.06 0.06 + 0.01 0.16 0.05 0.04 0.00 0.04 - 0.00 0.12 0.04 0.28 0.26 0.26 - 0.02 0.41 0.26 0.34 0.33 0.34 + 0.01 0.59 0.32 0.05 0.04 0.05 + 0.01 0.05 0.02 0.02 0.00 0.02 unch 0.00 0.04 0.02 0.08 0.04 0.08 + 0.03 0.17 0.03 0.09 0.00 0.09 - 0.01 0.13 0.07 0.13 0.12 0.13 + 0.01 0.19 0.11 0.05 0.00 0.04 - 0.01 0.10 0.04 0.15 0.13 0.13 - 0.02 0.24 0.12 0.12 0.11 0.11 unch 0.00 0.12 0.10 0.03 0.03 0.03 unch 0.00 0.11 0.03 0.04 0.00 0.04 unch 0.00 0.15 0.04 0.10 0.00 0.10 - 0.01 0.39 0.08 0.13 0.11 0.12 - 0.01 0.60 0.06 0.17 0.15 0.15 - 0.01 0.76 0.09 1.58 1.54 1.56 unch 0.00 2.86 1.40 0.20 0.13 0.13 - 0.05 1.00 0.05 0.02 0.02 0.02 unch 0.00 0.16 0.01 0.03 0.03 0.03 unch 0.00 0.20 0.03 7.19 6.78 7.12 + 0.11 8.21 4.76 0.03 0.03 0.03 unch 0.00 0.05 0.02 0.09 0.08 0.08 unch 0.00 0.20 0.06 0.05 0.02 0.02 + 0.01 0.05 0.01 0.14 0.10 0.12 + 0.00 0.20 0.01 0.16 0.16 0.16 unch 0.00 0.17 0.13 0.21 0.17 0.17 - 0.05 0.23 0.11 0.23 0.22 0.22 - 0.01 0.26 0.16 0.30 0.27 0.30 + 0.02 0.37 0.22 0.01 0.01 0.01 unch 0.00 0.02 0.01 0.00 0.00 0.12 unch 0.00 0.13 0.12 0.00 0.00 0.14 unch 0.00 0.21 0.13 0.16 0.00 0.14 - 0.02 0.23 0.12 0.42 0.37 0.39 - 0.01 0.91 0.25 0.31 0.28 0.29 - 0.01 0.69 0.19 0.11 0.09 0.09 - 0.02 0.13 0.08 0.14 0.13 0.13 unch 0.00 0.16 0.10 0.15 0.00 0.15 + 0.01 0.25 0.10 0.12 0.12 0.12 - 0.00 0.17 0.10 2.32 1.99 2.29 + 0.33 2.28 0.89 1.73 1.49 1.73 + 0.28 1.69 0.70 0.15 0.14 0.15 - 0.01 0.29 0.13 1.45 1.33 1.38 - 0.03 2.20 1.10 1.91 1.78 1.84 - 0.01 2.79 1.51 126.64 123.45 126.42 + 3.24 131.08 100.22 0.10 0.05 0.10 + 0.04 0.10 0.04 0.08 0.03 0.06 + 0.03 0.08 0.03 0.04 0.04 0.04 unch 0.00 0.20 0.03 0.03 0.02 0.03 + 0.01 0.12 0.01 1.70 1.64 1.67 + 0.01 2.82 1.46 0.01 0.01 0.01 unch 0.00 0.02 0.01 0.20 0.20 0.20 unch 0.00 0.63 0.19 0.07 0.05 0.06 - 0.01 0.14 0.05 0.10 0.10 0.10 unch 0.00 0.22 0.10 0.03 0.03 0.03 unch 0.00 0.06 0.01 0.03 0.03 0.03 - 0.01 0.08 0.03 0.08 0.08 0.08 unch 0.00 0.14 0.06 11.08 10.20 10.54 + 0.55 13.10 6.67 0.13 0.13 0.13 unch 0.00 0.90 0.11 0.11 0.08 0.08 - 0.02 0.12 0.04 0.11 0.08 0.09 - 0.01 4.10 0.07 0.00 0.00 0.04 unch 0.00 0.08 0.02 0.06 0.06 0.06 unch 0.00 0.06 0.01 0.11 0.00 0.09 - 0.01 0.13 0.04 0.05 0.04 0.05 unch 0.00 0.12 0.04

C

(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

CNRP Mng 110 CNRP Mng* O 271 743 Cobalt 27 Cap V Cobalt Block V 68 Cobalt Block* O 84 13455 Coeur Mng* N Colibri Res* O 4 Colibri Res V 431 V 1 Colombia Crest O 0 Colombia Crest* Colonial Coal V 924 Colorado Res V 76 O 19 Colorado Res* T 84 Columbus Gold O 112 Columbus Gold* Comet Inds V 39 O 4 Commander Res* V 20 Commander Res O 371 Commerce Res* V 133 Commerce Res O 74 Compass Gold* V 6782 Compass Gold X 2255 Comstock Mng* V 319 Comstock Mtls 39 Comstock Mtls * O Condor Gold* O 25 Condor Gold T 181 Condor Res V 80 O 1 Confedertn Ml* V 28 Confedertn Mls Conquest Res V 417 8 Conquest Res * O V 24 Cons Woodjam 92 CONSOL Coal Rs* N N 1795 CONSOL Energy* N 19748 CONSOL Energy* O 42 Constantine Mt* V 65 Constantine Mt O 67 Contact Gold* Contact Gold V 185 O 63 Contact Mnrls* Contintl Gold T 964 Contintl Gold* O 142 68 Copper Fox Mtl* O 519 Copper Fox Mtl V 10 Copper Lake Rs V Copper Mtn Mng T 2096 90 Copper Mtn Mng* O 1 Copper North M* O 376 Copper North M V 2 Copper One * O 400 Copper Reef Mg Copperbank Res 298 O 568 Copperbank Res* 11 Coral Gold * O Coral Gold V 190 Cordoba Mnls V 430 O 94 Cordoba Mnls* Core Gold V 3043 Core Gold* O 241 V 1938 Cornerstone Ca O 143 Cornerstone Ca* Coro Mining T 2133 Corsa Coal V 138 51 Corsa Coal * O Corvus Gold* O 46 Corvus Gold T 207 CR Capital V 144 0 Crazy Horse Res* O Crest Resource 93 Cresval Cap V 10 Critical Elem* O 17 Critical Elem V 982 V 1418 CROPS O 80 Crown Mining* Crown Mining V 406 Cruz Cobalt V 628 Cruz Cobalt* O 110 Crystal Lake V 1135 Crystal Lake* O 127 Crystal Peak* O 111 Crystal Peak V 460 CTGX Mining* O 0 75 Currie Rose Rs V Cyntar Venture 45 Cypress Dev V 1843 Cypress Dev* O 124

0.27 0.39 0.33 0.38 + 0.04 2.02 0.20 0.30 0.24 0.27 + 0.01 1.58 4.42 4.10 4.22 - 0.01 13.00 3.27 0.07 0.11 0.00 0.10 - 0.02 0.34 0.05 0.09 0.06 0.08 - 0.01 0.27 3.76 4.16 3.76 4.10 + 0.02 8.89 0.01 0.04 0.03 0.04 + 0.01 0.06 0.03 0.07 0.05 0.06 - 0.01 0.10 0.11 0.23 0.00 0.23 + 0.01 0.60 0.01 0.16 0.00 0.16 + 0.00 0.21 0.20 0.53 0.48 0.51 + 0.03 0.58 0.05 0.06 0.05 0.05 - 0.01 0.19 0.03 0.04 0.04 0.04 + 0.00 0.15 0.18 0.22 0.20 0.21 + 0.01 0.35 0.14 0.17 0.15 0.16 + 0.01 0.28 2.60 unch 0.00 3.60 3.25 3.25 3.25 0.02 0.07 0.07 0.07 - 0.00 0.16 0.07 0.10 0.00 0.10 - 0.01 0.22 0.04 unch 0.00 0.07 0.05 0.04 0.05 0.05 0.06 0.06 0.06 - 0.01 0.08 0.20 0.30 0.00 0.27 - 0.06 0.38 0.11 0.42 0.31 0.33 - 0.06 0.74 0.12 0.22 0.19 0.21 - 0.00 0.40 0.03 unch 0.00 0.08 0.04 0.04 0.04 0.03 0.02 0.02 - 0.00 0.06 0.01 0.29 0.29 0.25 0.27 - 0.02 0.75 0.33 0.40 0.33 0.34 + 0.02 1.03 0.05 unch 0.00 0.12 0.05 0.00 0.05 0.12 0.15 0.00 0.12 - 0.03 0.30 0.13 0.19 0.16 0.16 - 0.02 0.42 0.01 unch 0.00 0.04 0.03 0.03 0.03 0.01 0.01 0.01 unch 0.00 0.03 0.00 0.03 0.08 0.07 0.07 - 0.01 0.09 17.88 17.28 17.71 + 0.04 21.13 14.05 29.02 35.18 32.25 33.46 - 0.76 48.12 11.02 10.16 10.86 + 0.09 18.37 9.58 0.12 0.34 0.32 0.33 - 0.01 0.65 0.39 0.45 0.43 0.44 - 0.01 0.83 0.20 0.22 0.19 0.21 + 0.01 0.38 0.26 unch 0.00 0.50 0.30 0.26 0.29 0.02 0.15 0.10 0.15 + 0.00 0.45 1.76 3.03 2.76 2.96 + 0.07 3.98 1.33 2.26 2.07 2.22 + 0.08 3.02 0.09 0.07 0.08 - 0.00 0.10 0.06 0.11 0.10 0.10 + 0.01 0.13 0.08 0.02 0.02 0.02 unch 0.00 0.05 0.01 1.01 0.95 0.99 + 0.03 1.45 0.65 0.75 0.72 0.75 + 0.05 1.12 0.48 0.05 0.04 0.05 + 0.01 0.05 0.02 0.07 0.06 0.07 unch 0.00 0.07 0.03 0.10 0.10 0.10 unch 0.00 0.11 0.07 0.02 0.02 0.02 - 0.01 0.03 0.02 0.04 unch 0.00 0.10 0.07 0.00 0.06 0.03 0.05 0.00 0.04 - 0.00 0.08 0.30 0.30 0.30 + 0.02 0.34 0.16 0.32 0.40 0.38 0.39 + 0.01 0.44 0.09 0.12 0.09 0.12 + 0.03 0.29 0.06 0.08 0.07 0.08 + 0.02 0.23 0.19 0.26 0.23 0.25 - 0.01 0.35 0.14 0.19 0.17 0.19 + 0.00 0.28 0.14 0.37 0.32 0.35 - 0.02 0.40 0.03 0.28 0.25 0.26 - 0.02 0.29 0.05 unch 0.00 0.12 0.11 0.10 0.11 0.61 0.86 0.84 0.86 + 0.01 1.77 0.64 0.63 0.63 + 0.03 1.40 0.37 1.48 unch 0.00 2.72 1.60 1.51 1.55 1.92 2.14 2.01 2.08 - 0.01 3.39 0.02 unch 0.00 0.12 0.05 0.05 0.05 0.00 0.00 0.10 unch 0.00 0.15 0.08 0.10 0.13 0.12 0.12 - 0.01 0.15 0.02 unch 0.00 0.05 0.03 0.03 0.03 0.39 0.45 0.39 0.41 - 0.02 0.96 0.49 0.60 0.49 0.59 - 0.01 1.25 0.03 0.04 0.03 0.03 - 0.01 0.10 0.06 0.08 0.07 0.07 - 0.00 0.12 0.07 0.10 0.08 0.09 - 0.01 0.19 0.05 unch 0.00 0.30 0.06 0.05 0.05 0.03 0.04 0.03 0.04 - 0.01 0.24 0.24 0.32 0.27 0.30 + 0.03 0.77 0.18 0.24 0.20 0.24 + 0.04 0.58 0.12 0.15 0.14 0.14 + 0.01 0.34 0.16 0.19 0.19 0.19 + 0.02 0.44 0.10 unch 0.00 0.25 0.00 0.00 0.10 0.06 0.06 0.06 - 0.01 0.20 0.05 0.08 unch 0.00 0.15 0.10 0.10 0.10 0.17 0.27 0.19 0.25 + 0.07 0.43 0.12 0.20 0.14 0.20 + 0.06 0.34

Dajin Res V 573 Dajin Res* O 351 9 Dakota Ter Res* O Daleco Res* O 3 Damara Gold* O 0 Danakali* O 53 Debut Dmds 124 Decade Res V 19 Decade Res* O 75 O 30 Deep-South Res* V 127 Deep-South Res DeepRock Min 63 O 18 Defense Metals* V 216 Defense Metals Defiance Silvr V 426 O 208 Defiance Silvr* Delrand Res V 139 Delrey Metals 1481 T 1872 Denison Mines X 4241 Denison Mines* Desert Gold* O 3 Desert Gold V 84 Desert Lion* O 30 Desert Lion V 5774 189 Desert Mtn Egy V Detour Gold T 2301 O 31 Diamante Min* Diamcor Mng V 80 O 41 Diamcor Mng* 10124 O Diamond Disc* V 20 Diamond Fields O 1 Diamond Fields* Dios Expl V 42 V 328 Discovery Harb V 46 Discovery Met 24579 O Discovery Mnls* V 90 Discovery-Corp District Cop V 300 Ditem Explor* O 121 DNI Metals 1079 DNI Metals* O 259 O 98 Dolat Ventures* 98 Dolly Vard Sil* O 49 Dolly Vard Sil V O 198 Doubleview Cap* V 579 Doubleview Cap DRDGOLD* N 294 35 Duncan Park H V Dundee Prec Mt T 1327 O 25 Dunnedin Vent* Durango Res V 265 Durango Res* O 46 DV Resources V 425 O 0 DV Resources* 19 Dynacor Gld Mn* O 71 Dynacor Gld Mn T O 0 Dynamic Gold* O 14 DynaResource* Dynasty Gold V 6 O 125 Dynasty Gold* E3 Metals V 125 E3 Metals* O 63 V 13 Eagle Graphite Eagle Plains V 482 89 V East Africa 7 East Africa * O 73 East Asia Mnls* O 813 East Asia Mnls V EastCoal Inc V 0 O 20 Eastern Platin* Eastern Platin T 34 Eastfield Res V 305 O 38 Eastmain Res* Eastmain Res T 441 25 Eco Oro Mnls 15 Eco Oro Mnls* O eCobalt Solns T 3025 O 1082 eCobalt Solns*

0.04 unch 0.00 0.13 0.06 0.05 0.05 0.03 0.05 0.03 0.04 + 0.00 0.10 0.08 0.04 0.07 unch 0.00 0.19 0.03 0.00 unch 0.00 0.00 0.00 0.00 0.00 0.03 unch 0.00 0.04 0.00 0.00 0.03 0.44 0.57 0.00 0.57 + 0.01 0.69 0.01 unch 0.00 0.03 0.01 0.00 0.01 0.03 0.04 0.04 0.04 - 0.01 0.10 0.02 unch 0.00 0.07 0.03 0.03 0.03 0.06 unch 0.00 0.21 0.06 0.06 0.06 0.06 unch 0.00 0.36 0.10 0.10 0.10 0.04 0.05 0.00 0.05 - 0.02 0.10 0.13 0.14 0.13 0.13 - 0.01 0.25 0.12 unch 0.00 0.25 0.19 0.17 0.18 0.17 0.25 0.20 0.22 + 0.01 0.44 0.12 0.17 0.15 0.15 - 0.02 0.35 0.25 0.69 0.57 0.69 + 0.12 1.05 0.18 0.22 0.18 0.19 - 0.01 0.50 0.57 0.72 0.68 0.71 + 0.03 0.89 0.44 0.55 0.51 0.54 + 0.02 0.69 0.12 0.16 0.16 0.16 + 0.00 0.21 0.14 unch 0.00 0.26 0.23 0.21 0.22 0.05 0.10 0.07 0.09 + 0.02 1.07 0.04 0.19 0.08 0.15 + 0.07 1.46 0.20 0.15 0.15 - 0.02 0.27 0.10 12.73 11.73 12.53 - 0.01 15.40 9.11 0.01 0.01 0.01 0.01 + 0.00 0.24 0.13 0.18 0.14 0.17 - 0.01 0.50 0.11 0.14 0.12 0.14 + 0.02 0.41 0.00 0.00 0.00 0.00 + 0.00 0.00 0.07 0.11 0.00 0.09 - 0.03 0.16 0.04 0.09 0.00 0.08 - 0.01 0.12 0.05 unch 0.00 0.17 0.06 0.06 0.06 0.01 0.06 0.05 0.05 - 0.01 0.08 0.17 unch 0.00 0.42 0.29 0.21 0.25 0.00 unch 0.00 0.00 0.00 0.00 0.00 0.01 0.02 0.01 0.02 + 0.01 0.03 0.02 unch 0.00 0.21 0.03 0.03 0.03 0.00 0.00 0.00 0.00 + 0.00 0.00 0.04 unch 0.00 0.11 0.06 0.05 0.05 0.03 0.05 0.04 0.04 - 0.00 0.08 0.10 1.35 0.71 1.10 + 0.21 2.69 0.29 0.28 0.28 - 0.01 0.59 0.22 0.39 0.37 0.37 - 0.05 0.73 0.29 0.07 unch 0.00 0.13 0.13 0.12 0.13 0.07 0.18 0.16 0.17 + 0.02 0.18 1.71 1.99 1.87 1.95 - 0.04 2.95 0.20 0.18 0.18 unch 0.00 0.60 0.18 4.46 4.00 4.26 - 0.17 4.89 2.56 0.05 0.06 0.05 0.05 - 0.00 0.25 0.04 unch 0.00 0.10 0.08 0.07 0.07 0.04 0.06 0.05 0.06 + 0.00 0.07 0.07 0.08 0.07 0.07 - 0.01 0.35 0.06 unch 0.00 0.14 0.00 0.00 0.06 1.25 1.13 1.25 + 0.02 1.55 1.02 1.70 1.62 1.68 + 0.05 1.97 1.41 1.00 unch 0.00 3.00 0.00 0.00 1.99 0.75 unch 0.00 1.25 1.00 0.00 1.00 0.10 unch 0.00 0.24 0.13 0.12 0.13 0.07 unch 0.00 0.18 0.08 0.08 0.08 0.23 0.44 0.39 0.44 + 0.03 0.58 0.22 0.31 0.30 0.30 - 0.04 0.38 0.07 0.09 0.08 0.08 - 0.02 0.32 0.08 0.10 0.09 0.10 + 0.01 0.29 0.20 0.17 0.18 - 0.02 0.29 0.14 0.13 0.13 0.13 unch 0.00 0.18 0.10 0.06 0.06 0.06 + 0.00 0.08 0.02 0.08 0.07 0.07 unch 0.00 0.10 0.03 0.10 unch 0.00 0.30 0.00 0.00 0.10 0.12 unch 0.00 0.32 0.18 0.18 0.18 0.17 0.25 0.23 0.24 + 0.02 0.41 0.03 0.07 0.05 0.06 + 0.01 0.07 0.10 0.11 0.10 0.10 - 0.00 0.23 0.13 unch 0.00 0.29 0.14 0.13 0.14 0.12 0.00 0.11 unch 0.00 0.32 0.10 0.09 0.09 0.09 unch 0.00 0.77 0.00 0.25 0.38 0.33 0.37 + 0.03 1.49 0.19 0.28 0.24 0.28 + 0.01 1.17

D-F

2019-04-08 12:31 PM


GLOBAL MINING NEWS

(100s) Stock

THE NORTHERN MINER / APRIL 15–28, 2019

Week

12-month

Exc Volume High Low Last Change High Low

Edgewater Expl V 9 0.10 0.10 0.10 - 0.01 0.18 0.10 Edison Cobalt* O 0 0.00 0.00 0.03 unch 0.00 0.19 0.03 Edison Cobalt V 158 0.05 0.04 0.05 + 0.01 0.25 0.04 El Capitan Prc* O 591 0.01 0.01 0.01 + 0.00 0.04 0.00 El Nino Vent* O 1 0.02 0.02 0.02 + 0.00 0.05 0.02 El Nino Vent V 163 0.03 0.00 0.03 unch 0.00 0.06 0.03 Elcora Adv Mat V 167 0.10 0.09 0.09 - 0.01 0.38 0.06 Elcora Res* O 31 0.07 0.06 0.07 - 0.01 0.30 0.05 Eldorado Gold* N 9952 4.70 4.33 4.58 - 0.05 6.05 2.52 T 4194 6.27 5.78 6.11 - 0.06 7.75 3.36 Eldorado Gold Eloro Res* O 0 0.00 0.00 0.24 unch 0.00 0.61 0.24 Eloro Res V 78 0.25 0.22 0.22 - 0.03 0.83 0.22 Ely Gold Royal V 292 0.19 0.17 0.19 + 0.02 0.20 0.09 Ely Gold Royal* O 334 0.14 0.13 0.14 + 0.01 0.15 0.07 Elysee Dev * O 3 0.28 0.00 0.27 + 0.00 0.33 0.23 Elysee Dev V 20 0.39 0.00 0.39 + 0.01 0.42 0.31 Emerita Res V 843 0.03 0.03 0.03 unch 0.00 0.12 0.02 Emgold Mining* O 21 0.14 0.11 0.11 - 0.02 0.15 0.03 Emgold Mining V 1232 0.19 0.16 0.17 + 0.01 0.22 0.05 Empire Metals* O 0 0.00 0.00 0.13 unch 0.00 0.13 0.13 Empire Metals V 1 0.00 0.00 0.20 unch 0.00 0.24 0.11 EMX Royalty* X 333 1.21 1.11 1.15 - 0.02 1.47 0.84 1.01 EMX Royalty V 46 1.57 1.49 1.51 - 0.07 1.80 Encanto Potash* O 126 0.11 0.10 0.11 + 0.00 0.22 0.02 V 118 0.16 0.14 0.14 unch 0.00 0.40 0.14 Encanto Potash EnCore Energy V 2011 0.18 0.15 0.17 + 0.01 0.18 0.05 Endeavour Mng T 793 20.17 18.56 19.41 - 0.65 24.65 16.34 O 33 14.84 14.16 14.47 - 0.52 18.87 12.38 Endeavour Mng* Endeavr Silver* N 3331 2.54 2.31 2.49 - 0.03 3.35 1.76 T 608 3.40 3.11 3.32 - 0.05 4.40 2.27 Endeavr Silver O 5 0.02 0.02 0.02 unch 0.00 0.06 0.02 Endurance Gold* Endurance Gold V 30 0.04 0.04 0.04 + 0.01 0.09 0.03 Energy Fuels* X 5635 3.67 3.30 3.64 + 0.31 4.09 1.74 Energy Fuels T 1104 4.91 4.41 4.86 + 0.43 5.38 2.24 O 8 0.03 0.03 0.03 unch 0.00 0.07 0.02 Enforcer Gold* Enforcer Gold V 99 0.05 0.05 0.05 unch 0.00 0.23 0.04 Engineer Gold V 61 0.10 0.09 0.09 unch 0.00 0.12 0.05 Engold Mines V 266 0.12 0.10 0.10 - 0.02 0.28 0.09 Engold Mines* O 100 0.09 0.09 0.09 - 0.00 0.21 0.07 unch 0.00 0.09 0.02 Ensurge* O 575 0.04 0.04 0.04 Entree Res* X 707 0.39 0.36 0.36 - 0.01 0.48 0.33 Entree Res T 369 0.50 0.48 0.48 - 0.01 0.61 0.42 ePower Metals* O 1 0.12 0.12 0.12 unch 0.00 0.23 0.12 ePower Metals V 362 0.20 0.16 0.17 - 0.03 0.31 0.14 unch 0.00 1.37 0.85 Equinox Gold V 2223 1.29 1.20 1.25 Equitorial Ex V 226 0.04 0.00 0.04 + 0.01 0.10 0.02 unch 0.00 0.08 0.02 Equitorial Ex* O 5 0.02 0.02 0.02 Erdene Res Dev* O 114 0.17 0.15 0.16 + 0.00 0.40 0.14 Erdene Res Dev T 909 0.22 0.20 0.21 unch 0.00 0.53 0.18 0.08 Erin Ventures* O 15 0.10 0.00 0.09 - 0.01 0.22 Erin Ventures V 223 0.14 0.12 0.12 - 0.02 0.30 0.09 Ero Copper T 1353 17.00 15.34 15.90 - 0.07 17.75 7.23 Ero Copper* O 9 12.54 0.00 11.54 - 0.15 13.06 5.77 Eros Res Corp* O 6 0.06 0.06 0.06 unch 0.00 0.10 0.05 183 0.10 0.00 0.09 - 0.01 0.13 0.07 Eros Res Corp V Eros Res Corp V 183 0.10 0.00 0.09 - 0.01 0.13 0.07 0.07 Eskay Mng V 304 0.15 0.11 0.13 + 0.01 0.38 Essex Minerals V 80 0.07 0.07 0.07 unch 0.00 0.17 0.03 0.09 Ethos Gold* O 98 0.14 0.12 0.12 - 0.03 0.25 Ethos Gold V 65 0.20 0.16 0.16 - 0.05 0.34 0.12 unch 0.00 0.45 0.24 Etruscus Res 125 0.33 0.29 0.32 Euro Manganese V 183 0.26 0.23 0.23 - 0.03 0.44 0.15 Euro Sun Mg T 3912 0.80 0.57 0.73 + 0.18 1.64 0.23 947 0.61 0.43 0.54 + 0.12 1.28 0.17 Euro Sun Mg* O EurOmax Res* O 5 0.07 0.06 0.07 unch 0.00 0.16 0.01 EurOmax Res T 85 0.08 0.06 0.06 - 0.01 0.21 0.02 O 196 0.08 0.06 0.06 - 0.01 0.61 0.06 European Elect* European Elect V 213 0.10 0.00 0.08 - 0.03 0.65 0.09 O 500 0.00 0.00 0.00 + 0.00 0.00 0.00 European Metal* Eurotin V 1756 0.02 0.01 0.01 - 0.01 0.13 0.01 0.02 Everton Res* O 16 0.03 0.02 0.02 - 0.00 0.05 Everton Res V 485 0.03 0.03 0.03 unch 0.00 0.06 0.02 1.60 1.32 1.33 - 0.20 1.64 0.16 EVI Global Grp 1146 O 1 0.05 0.00 0.05 unch 0.00 0.12 0.05 Evolving Gold* Evrim Res V 745 0.32 0.29 0.29 - 0.02 1.70 0.27 Excellon Res T 451 0.83 0.74 0.78 - 0.07 1.62 0.59 Excellon Res* O 202 0.63 0.55 0.59 - 0.06 1.25 0.44 O 146 0.80 0.75 0.77 unch 0.00 1.21 0.53 Excelsior Mng* Excelsior Mng T 187 1.05 1.00 1.05 + 0.03 1.50 0.71 0.02 0.01 0.01 - 0.01 0.03 0.01 ExGen Res Inc V 4194 Explor Res* O 323 0.03 0.02 0.03 + 0.01 0.04 0.01 Explor Res V 680 0.04 0.03 0.03 unch 0.00 0.04 0.02 0.21 Explorex Res 291 0.28 0.21 0.26 - 0.01 0.45 Explorex Res* O 47 0.20 0.18 0.18 - 0.02 0.30 0.18 V 15 0.08 0.08 0.08 unch 0.00 0.09 0.04 Fabled Copper Fairmile Gold* O 1 0.00 0.00 0.00 unch 0.00 0.00 0.00 Fairmont Res* O 0 0.00 0.00 0.00 unch 0.00 0.10 0.00 0.28 Falco Res V 326 0.33 0.31 0.31 - 0.01 0.80 Falco Res * O 10 0.24 0.21 0.23 - 0.01 0.62 0.18 Falcon Gold V 221 0.03 0.03 0.03 unch 0.00 0.06 0.03 Fancamp Expl V 569 0.10 0.09 0.10 + 0.01 0.11 0.04 Far Res* O 24 0.10 0.09 0.10 - 0.01 0.88 0.04 0.06 Far Res 4003 0.15 0.12 0.13 - 0.02 0.43 Fengro Industr* O 1 0.01 0.01 0.01 unch 0.00 0.13 0.01 V 172 0.03 0.03 0.03 unch 0.00 0.20 0.03 Fengro Industr Fidelity Min V 463 0.06 0.06 0.06 unch 0.00 0.10 0.03 Fidelity Min* O 104 0.05 0.04 0.04 unch 0.00 0.06 0.03 11 1.83 1.78 1.83 + 0.05 1.83 1.55 Filo Mg Corp * O Filo Mg Corp V 190 2.70 2.25 2.70 + 0.31 2.69 2.00 unch 0.00 0.06 0.02 Finlay Minrls V 150 0.03 0.03 0.03 Fiore Gold* O 99 0.25 0.22 0.23 + 0.00 0.55 0.16 Fiore Gold V 251 0.33 0.30 0.31 unch 0.00 0.69 0.21 Fire River Gol* O 4 0.05 0.00 0.00 - 0.04 2.41 0.00 unch 0.00 0.05 0.02 Firebird Res V 4 0.00 0.00 0.02 FireFox Gold V 23 0.24 0.19 0.19 - 0.06 0.39 0.20 V 10 0.06 0.06 0.06 unch 0.00 0.12 0.04 Firestone Vent Fireweed Zinc V 170 0.93 0.00 0.90 + 0.05 2.14 0.74 O 28 0.68 0.63 0.67 + 0.04 1.67 0.54 Fireweed Zinc* Firma Holdings* O 119 0.03 0.01 0.02 + 0.00 0.09 0.01 0.18 0.11 0.15 + 0.04 0.77 0.11 First Cobalt * O 2176 First Cobalt V 16979 0.25 0.15 0.20 + 0.06 0.97 0.15 First Colombia* O 103 0.00 0.00 0.00 unch 0.00 0.00 0.00 First Energy 40 0.15 0.15 0.15 unch 0.00 0.20 0.15 First Energy* O 2 0.11 0.11 0.11 unch 0.00 0.32 0.08 First Majestic* N 12399 6.61 6.16 6.45 - 0.13 8.48 4.59 First Majestic T 2337 8.80 8.25 8.63 - 0.16 11.09 6.12 First Mexican V 66 0.02 0.01 0.02 unch 0.00 0.07 0.01 First Mg Fin T 1369 0.36 0.31 0.33 - 0.02 0.55 0.21 0.28 0.22 0.24 - 0.01 0.44 0.16 First Mg Fin * O 1421 First Point* O 5 0.12 0.12 0.12 unch 0.00 0.13 0.06 First Quantum T 10961 16.00 15.10 15.77 + 0.62 23.05 9.45 V 1279 0.72 0.62 0.69 + 0.09 1.96 0.40 First Vanadium First Vanadium* O 956 0.54 0.46 0.52 + 0.07 1.60 0.31 V 1343 0.12 0.09 0.12 + 0.02 0.30 0.08 Fission 3.0 Fission 3.0* O 221 0.09 0.07 0.09 + 0.02 0.22 0.03 0.35 Fission Uran* O 573 0.43 0.38 0.43 + 0.03 0.65 Fission Uran T 1464 0.58 0.52 0.57 + 0.06 0.80 0.47 Five Star Diam V 150 0.07 0.06 0.07 unch 0.00 0.17 0.05 Fjordland Exp* O 1 0.07 0.05 0.07 + 0.03 0.24 0.04 Fjordland Exp V 6 0.07 0.00 0.07 + 0.01 0.33 0.06 Flowery Gold* O 0 0.10 0.10 0.10 unch 0.00 0.30 0.10 Focus Graphite* O 488 0.03 0.02 0.02 - 0.00 0.05 0.01 V 1194 0.04 0.03 0.03 - 0.01 0.06 0.02 Focus Graphite Foran Mng V 20 0.33 0.31 0.32 + 0.01 0.55 0.23 Forsys Metals T 191 0.27 0.21 0.25 + 0.05 0.32 0.10 Fort St J Nick V 12 0.17 0.12 0.16 - 0.01 0.50 0.12 Fort St James* O 0 0.09 0.09 0.09 unch 0.00 0.23 0.09 O 185 5.55 5.18 5.50 + 0.44 5.55 2.53 Fortescue Met* Fortuna Silvr T 2973 4.60 4.20 4.51 + 0.06 7.78 4.20 10483 3.45 3.15 3.37 + 0.02 6.08 3.15 Fortuna Silvr* N Fortune Bay V 1 0.00 0.00 0.22 unch 0.00 0.41 0.19 0.10 Fortune Bay* O 2 0.17 0.00 0.17 + 0.02 0.31 Fortune Mnrls* O 178 0.09 0.08 0.08 + 0.00 0.22 0.05 Fortune Mnrls T 542 0.12 0.11 0.11 - 0.01 0.28 0.07 Forum Energy V 218 0.04 0.00 0.04 + 0.01 0.09 0.03 Forum Energy* O 39 0.03 0.03 0.03 + 0.00 0.05 0.02 Fox River Res* O 5 0.05 0.04 0.04 - 0.01 0.06 0.04 Fox River Res 14 0.07 0.00 0.07 unch 0.00 0.10 0.06 FPX Nickel V 45 0.16 0.16 0.16 unch 0.00 0.18 0.08 Franco-Nevada* N 2152 75.82 73.62 75.59 + 0.54 78.82 58.26 Franco-Nevada T 2522 101.26 98.44 101.22 + 1.03 105.04 76.53 Franklin Mng* O 4 0.00 0.00 0.00 - 0.00 0.00 0.00 Freedom Egy V 98 0.03 0.03 0.03 unch 0.00 0.09 0.02 Freegold Vent T 29 0.07 0.00 0.07 unch 0.00 0.13 0.06 Freeport McMoR* N 93305 13.60 12.86 13.33 + 0.44 19.70 9.60 Freeport Res V 1509 0.10 0.10 0.10 unch 0.00 0.10 0.06 Fremont Gold V 126 0.12 0.11 0.11 - 0.02 0.19 0.09 Fremont Gold* O 65 0.09 0.08 0.09 - 0.00 0.18 0.07 Fresnillo plc* O 36 11.91 11.20 11.75 + 0.16 18.87 9.35 Frontier Lith V 146 0.39 0.34 0.39 + 0.02 0.61 0.30 Frontline Gold V 16 0.02 0.00 0.02 unch 0.00 0.02 0.01 Full Metal Mnl* O 0 0.00 0.00 0.00 unch 0.00 0.09 0.00 Fura Gems V 981 0.35 0.30 0.31 unch 0.00 0.58 0.28 Fura Gems* O 6 0.25 0.00 0.25 + 0.02 0.48 0.20 Fusion Gold V 53 0.15 0.12 0.12 - 0.03 0.30 0.11

G-H Gabriel Res V 29 Gabriel Res* O 47 Gainey Capital V 449 Galane Gold V 457 Galantas Gold V 766 Galore Res V 150 Galway Gold * O 8

0.45 0.41 0.44 unch 0.00 0.45 0.29 0.33 0.30 0.33 unch 0.00 0.33 0.20 0.15 0.14 0.14 + 0.01 0.16 0.04 0.05 0.04 0.05 unch 0.00 0.07 0.04 0.08 0.07 0.08 - 0.01 0.15 0.07 0.02 0.02 0.02 unch 0.00 0.05 0.01 0.08 0.08 0.08 - 0.00 0.12 0.07

20-23_APRIL15_StockTables.indd 21

(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

Galway Gold V 9 Galway Mtls* O 31 Galway Mtls V 233 GAR Limited 9688 Garibaldi Res V 525 Garibaldi Res * O 194 Gatling Explor V 315 Gatling Explor* O 50 General Moly T 5 General Moly* X 1356 Generation Min* O 1 Generation Min 11 Generic Gold 44 Genesis Mtls* O 202 Genesis Mtls V 458 Genius Metals 122 Gensource Pot V 403 Gentor Res V 1805 Geomega Res V 3986 Geomega Res* O 917 Gespeg Cop Res V 115 Getchell Gold * O 46 Getchell Gold 28 Getty Copper V 32 V 316 GFG Resources GFG Resources* O 69 GFM Res V 5 GGL Res V 15 GGL Res* O 2 GGX Gold* O 62 GGX Gold V 569 Giga Metals* O 287 Giga Metals V 334 Gitennes Expl V 41 Giyani Gold V 500 Giyani Gold* O 7 GK Resources V 387 Glacier Lake* O 8 Glacier Lake V 337 O 127 Gldn Predator* Gldn Predator V 353 Glen Eagle Res V 230 Glencore Plc* O 700 Global Atomic V 764 O 101 Global Atomic* Global Battery V 485 O 229 Global Battery* O 39 Global Energy* Global Energy V 1894 Global Gold* O 0 Global Li-Ion* O 106 Global Li-Ion 170 Global Vanad V 24 GlobalMin Vent* O 0 Globex Mng* O 21 Globex Mng T 91 GMV Minerals V 63 GMV Minerals* O 14 GNCC Capital* O 150204 Go Cobalt* O 6 Go Cobalt 1165 GobiMin V 5 God’s Lake Res 0 GoGold Res T 1019 Gold Dynamics* O 127 Gold Fields* O 13 17127 Gold Fields* N Gold Finder Ex V 1059 3 Gold Finder Ex* O Gold Lakes* O 14 Gold Reserve V 14 Gold Reserve* O 28 X 2702 Gold Resource* Gold Rush Cari V 2865 Gold Rush Cari* O 4 Gold Std Vents T 227 Gold Std Vents* X 812 V 14 Goldbank Mng Goldbank Mng* O 0 Goldcliff Res* O 68 Goldcliff Res V 51 Goldcorp T 9326 Goldcorp* N 66316 Golden Arrow V 136 O 90 Golden Arrow* Golden Cariboo V 61 Golden Dawn Ml V 478 25 Golden Dawn Ml* O Golden Goliath V 182 O 140 Golden Goliath* Golden Harp* O 0 Golden Harp V 0 Golden Hope V 14 Golden Hope* O 9 Golden Mnls* X 943 Golden Mnls T 59 Golden Pursuit V 79 O 0 Golden Pursuit* Golden Queen T 8 O 211 Golden Queen* Golden Ridge V 463 Golden Secret V 280 Golden Share V 60 Golden Star* X 1400 Golden Star T 160 Golden Sun* O 50 Golden Tag V 113 Golden Valley* O 70 Golden Valley V 63 Goldex Res* O 0 Goldex Res V 282 Goldgroup Mng* O 420 Goldgroup Mng T 700 GoldMining* O 277 GoldMining T 292 GoldON Res V 26 GoldON Res* O 1 Goldplay Expl* O 47 Goldplay Expl V 70 GoldQuest Mng V 1875 Goldrea Res 93 Goldrea Res* O 135 Goldrich Mng* O 6 Goldsource Min* O 264 Goldsource Min V 2291 Goldstar Mnls V 1567 Goldstream Mnl V 50 Goldstrike Res V 304 GoldTrain Res 62 Goliath Res V 319 Goliath Res* O 50 Gossan Res V 156 GoviEx Uranium* O 1340 GoviEx Uranium V 5196 Gowest Gold* O 380 Gowest Gold V 624 GPM Metals V 134 GPM Metals* O 1 Gran Colombia* O 31 Gran Colombia T 375 Granada Gold V 130 Granada Gold* O 13 Grande Portage V 136 Grande Portage* O 12 Granite Creek V 77 Graphite Egy* O 75 Graphite Egy 27 Graphite One V 65 Graphite One* O 96 Gratomic* O 20 Gratomic V 3374 Gray Rock Res V 30 Great Atlantic V 692 Great Bear Res V 327 Great Bear Res* O 167 Great Lakes Gr* O 90 Great Panther T 530 Great Panther* X 3236 Great Thunder V 739 Greatbanks Re V 1 Green Arrow V 52 Green River 380 Green Swan Cap V 1012 Green Valley M V 28 Greencastle Rs V 88 Greenland M&En* O 700 Grenville Gold 288 Grid Metals* O 25 Grid Metals V 166 Grizzly Discvr* O 200 Grizzly Discvr V 62 Grosvenor Res V 6 Group Eleven V 248 Group Ten Mtls* O 52 Group Ten Mtls V 249

0.11 0.00 0.11 - 0.01 0.28 0.10 0.25 0.22 0.22 - 0.03 0.30 0.10 0.34 0.30 0.33 - 0.01 0.44 0.13 0.10 0.06 0.07 - 0.03 0.30 0.06 1.00 0.92 0.93 - 0.03 3.60 0.86 0.74 0.69 0.71 - 0.01 2.82 0.65 0.34 0.32 0.34 + 0.01 0.58 0.13 0.27 0.25 0.25 unch 0.00 0.34 0.21 0.29 0.28 0.28 - 0.02 0.63 0.22 0.23 0.21 0.22 + 0.00 0.46 0.16 0.12 0.12 0.12 unch 0.00 0.12 0.03 0.16 0.16 0.16 unch 0.00 0.20 0.08 0.06 0.06 0.06 unch 0.00 0.30 0.03 0.06 0.06 0.06 - 0.01 0.08 0.04 0.08 0.07 0.08 - 0.01 0.12 0.05 0.19 0.16 0.18 - 0.01 0.25 0.12 0.10 0.09 0.09 - 0.01 0.16 0.08 0.06 0.06 0.06 unch 0.00 0.12 0.05 0.17 0.11 0.12 - 0.01 0.20 0.07 0.12 0.00 0.10 + 0.01 0.12 0.05 0.04 0.03 0.03 - 0.01 0.05 0.02 0.16 0.00 0.15 unch 0.00 0.17 0.13 0.20 0.18 0.20 unch 0.00 3.60 0.13 0.03 0.03 0.03 + 0.01 0.07 0.02 0.22 0.19 0.20 unch 0.00 0.35 0.17 0.16 0.14 0.16 + 0.02 0.27 0.14 0.05 0.05 0.05 unch 0.00 0.15 0.04 0.08 0.08 0.08 + 0.01 0.14 0.07 0.07 0.07 0.07 unch 0.00 0.11 0.05 0.08 0.07 0.07 - 0.01 0.11 0.04 0.11 0.10 0.10 - 0.01 0.14 0.05 0.17 0.15 0.15 - 0.00 0.29 0.12 0.23 0.19 0.20 - 0.01 0.39 0.15 0.03 0.03 0.03 unch 0.00 0.10 0.02 0.15 0.11 0.14 + 0.01 0.40 0.07 0.13 0.08 0.12 - 0.01 0.31 0.06 0.16 0.15 0.16 + 0.01 0.17 0.15 0.09 0.09 0.09 unch 0.00 0.09 0.01 0.11 0.10 0.11 + 0.01 0.75 0.09 0.18 0.16 0.17 + 0.01 0.44 0.15 0.23 0.22 0.23 unch 0.00 0.58 0.20 0.12 0.11 0.12 - 0.01 0.18 0.11 8.73 8.47 8.58 + 0.34 10.76 6.72 0.46 0.40 0.45 + 0.05 0.46 0.22 0.34 0.30 0.34 + 0.02 0.35 0.21 0.23 0.16 0.20 unch 0.00 0.32 0.07 0.16 0.00 0.15 - 0.01 0.24 0.06 0.05 0.04 0.04 - 0.01 0.11 0.03 0.08 0.05 0.07 + 0.02 0.15 0.04 0.00 0.00 1.30 unch 0.00 2.75 1.30 0.15 0.14 0.15 - 0.01 0.34 0.04 0.20 0.19 0.20 - 0.01 0.43 0.06 0.17 0.17 0.17 unch 0.00 0.23 0.10 0.65 0.65 0.65 unch 0.00 140.00 0.55 0.25 0.24 0.24 + 0.01 0.35 0.19 0.34 0.31 0.34 + 0.01 0.46 0.25 0.14 0.13 0.13 unch 0.00 0.32 0.07 0.09 0.09 0.09 unch 0.00 0.23 0.07 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.13 0.03 0.03 - 0.10 0.26 0.03 0.16 0.15 0.15 - 0.01 0.38 0.07 0.24 0.24 0.24 unch 0.00 0.40 0.20 0.00 0.00 2.40 unch 0.00 2.40 0.22 0.36 0.29 0.32 - 0.03 0.53 0.19 0.00 0.00 0.00 + 0.00 0.01 0.00 3.75 3.70 3.70 unch 0.00 4.10 2.40 3.90 3.61 3.86 + 0.13 4.45 2.20 0.11 0.09 0.09 - 0.01 0.65 0.06 0.06 0.00 0.06 + 0.00 0.41 0.04 0.02 0.00 0.02 + 0.01 0.10 0.00 3.51 0.00 3.45 - 0.10 3.87 2.50 2.70 0.00 2.52 - 0.16 3.02 1.84 3.99 3.75 3.92 - 0.01 7.33 3.61 0.15 0.13 0.14 + 0.02 0.25 0.05 0.11 0.11 0.11 unch 0.00 0.18 0.07 1.43 1.34 1.41 + 0.05 2.40 1.30 1.08 0.99 1.06 + 0.04 1.86 0.97 0.15 0.15 0.15 unch 0.00 0.18 0.07 0.00 0.00 0.10 unch 0.00 0.11 0.10 0.07 0.05 0.06 + 0.00 0.13 0.03 0.09 0.08 0.09 unch 0.00 0.15 0.05 15.68 15.08 15.65 + 0.36 18.78 11.00 11.71 11.31 11.69 + 0.25 14.66 8.42 0.31 0.30 0.31 + 0.01 0.57 0.22 0.24 0.21 0.23 + 0.00 0.45 0.17 0.04 0.04 0.04 unch 0.00 0.09 0.03 0.06 0.05 0.06 + 0.01 0.40 0.02 0.04 0.04 0.04 unch 0.00 0.31 0.02 0.04 0.03 0.04 unch 0.00 0.04 0.02 0.02 0.02 0.02 - 0.00 0.04 0.00 0.00 0.00 0.08 unch 0.00 0.08 0.08 0.00 0.00 0.08 unch 0.00 0.20 0.06 0.06 0.05 0.06 + 0.01 0.11 0.05 0.05 0.04 0.04 - 0.00 0.09 0.03 0.28 0.25 0.27 + 0.00 0.46 0.19 0.37 0.34 0.37 + 0.01 0.57 0.26 0.09 0.08 0.08 - 0.01 0.21 0.06 0.00 0.00 0.06 unch 0.00 0.11 0.06 0.04 0.00 0.04 - 0.01 0.24 0.03 0.03 0.02 0.03 + 0.01 0.18 0.02 0.14 0.12 0.13 - 0.01 0.54 0.08 1.80 1.62 1.72 + 0.10 3.20 1.40 0.11 0.09 0.09 - 0.02 0.26 0.09 4.25 3.65 4.22 + 0.25 4.38 2.43 5.67 4.89 5.67 + 0.27 5.88 3.24 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.05 0.04 0.04 unch 0.00 0.08 0.03 0.27 0.25 0.26 + 0.01 0.30 0.16 0.36 0.33 0.35 + 0.01 0.39 0.22 0.00 0.00 0.11 unch 0.00 1.42 0.08 0.12 0.10 0.10 - 0.02 1.87 0.08 0.04 0.03 0.03 + 0.00 0.07 0.02 0.06 0.05 0.05 unch 0.00 0.09 0.04 0.75 0.70 0.71 - 0.02 0.97 0.52 1.00 0.93 0.95 - 0.05 1.21 0.71 0.32 0.31 0.32 + 0.02 0.35 0.12 0.23 0.22 0.23 + 0.01 0.22 0.09 0.14 0.12 0.14 + 0.01 0.22 0.12 0.20 0.16 0.20 + 0.01 0.32 0.14 0.10 0.09 0.10 - 0.01 0.26 0.09 0.07 0.06 0.07 + 0.01 0.16 0.04 0.05 0.04 0.04 - 0.01 0.14 0.03 0.02 0.00 0.02 - 0.01 0.04 0.01 0.12 0.10 0.11 - 0.00 0.14 0.02 0.15 0.14 0.15 + 0.01 0.19 0.04 0.04 0.03 0.04 - 0.01 0.12 0.03 0.06 0.06 0.06 unch 0.00 0.18 0.04 0.05 0.04 0.05 + 0.01 0.25 0.04 0.14 0.00 0.12 unch 0.00 0.40 0.11 0.09 0.08 0.08 unch 0.00 0.33 0.06 0.06 0.06 0.06 - 0.00 0.21 0.04 0.08 0.07 0.07 unch 0.00 0.10 0.05 0.14 0.12 0.14 + 0.02 0.20 0.09 0.19 0.16 0.19 + 0.03 0.26 0.12 0.03 0.03 0.03 + 0.00 0.09 0.02 0.04 0.04 0.04 + 0.00 0.11 0.03 0.04 0.04 0.04 unch 0.00 0.07 0.03 0.02 0.02 0.02 unch 0.00 0.04 0.02 2.65 2.58 2.63 - 0.12 3.44 1.57 3.66 3.41 3.52 - 0.15 4.67 2.02 0.14 0.12 0.12 - 0.01 0.27 0.10 0.10 0.09 0.09 - 0.00 0.22 0.08 0.11 0.00 0.10 + 0.02 0.34 0.08 0.07 0.06 0.07 + 0.01 0.25 0.06 0.20 0.18 0.20 + 0.02 0.23 0.09 0.06 0.03 0.04 + 0.00 0.41 0.01 0.05 0.00 0.05 - 0.01 0.55 0.02 0.34 0.29 0.31 + 0.01 0.85 0.24 0.31 0.23 0.23 - 0.05 1.00 0.00 0.06 0.06 0.06 + 0.00 0.15 0.05 0.09 0.07 0.09 + 0.02 0.21 0.07 0.08 0.08 0.08 unch 0.00 0.23 0.05 0.05 0.05 0.05 + 0.01 0.15 0.04 3.38 3.16 3.28 unch 0.00 4.08 0.42 2.54 2.41 2.44 + 0.02 3.09 0.34 0.05 0.03 0.04 - 0.01 0.10 0.01 1.28 1.19 1.21 - 0.03 1.68 0.70 0.97 0.89 0.92 - 0.03 1.32 0.54 0.03 0.02 0.02 - 0.01 0.03 0.01 0.00 0.00 0.15 unch 0.00 0.35 0.04 0.03 0.03 0.03 unch 0.00 0.05 0.02 0.06 0.06 0.06 unch 0.00 0.07 0.04 0.03 0.02 0.02 - 0.01 0.07 0.02 0.50 0.20 0.48 + 0.25 2.28 0.20 0.08 0.06 0.08 unch 0.00 0.13 0.05 0.04 0.04 0.04 + 0.00 0.08 0.04 0.30 0.22 0.30 - 0.05 0.70 0.12 0.07 0.07 0.07 unch 0.00 0.18 0.04 0.11 0.00 0.10 - 0.01 0.23 0.05 0.04 0.04 0.04 unch 0.00 0.11 0.03 0.06 0.00 0.05 - 0.01 0.15 0.05 0.09 0.09 0.09 unch 0.00 0.20 0.09 0.11 0.10 0.10 - 0.02 0.20 0.10 0.13 0.11 0.13 + 0.02 0.19 0.09 0.17 0.14 0.17 + 0.02 0.24 0.12

(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

GrowMax Res* O 105 GrowMax Res V 359 GSP Resource V 38 GT Gold V 633 GT Gold * O 58 Gungnir Res* O 243 Gungnir Res V 240 Gunpoint Expl V 16 Guyana Gldflds T 5329 Guyana Goldstr V 71 Guyana Goldstr* O 16 Handa Mining* O 0 Handa Mining V 2 Handeni Gold* O 2 Hannan Metals V 126 Hannan Metals* O 49 Happy Ck Mnrls V 178 Harfang Explor V 12 Harmony Gold* N 28530 Harte Gold* O 1066 Harte Gold T 4450 Harvest Gold* O 94 Harvest Gold V 355 Havilah Mining* O 6 Havilah Mining V 180 O 80 Hawkeye Gld&Di* Hawkeye Gld&Di V 244 Heatherdale Rs V 515 22027 Hecla Mining* N Helio Res V 2 O 103 Hemcare Health* Heron Res* O 0 Highbank Res V 473 Highland Copp V 228 O 609 Highland Copp* 27 Highway 50 Gld V HiHo Silver 357 Hinterland Mtl V 35 Hochschild Mg* O 13 O 766 Homeland Egy* Honey Badger E* O 16 771 Honey Badger E V Horizonte Mnls T 125 Hornby Bay Mnl* O 12 67 Hornby Bay Mnl V HudBay Min* N 4112 HudBay Min T 5490 Hudson Res V 90 Hudson Res* O 50 Hunt Mng* O 52 Hunt Mng V 14 142 Hut 8 Mining* O Hut 8 Mining V 1731 Hybrid Mineral V 177

0.08 0.07 0.07 - 0.01 0.12 0.05 0.10 0.10 0.10 unch 0.00 0.16 0.07 0.20 0.19 0.19 - 0.02 0.26 0.16 0.94 0.85 0.92 + 0.02 2.15 0.41 0.69 0.63 0.69 - 0.00 1.62 0.31 0.05 0.05 0.05 + 0.00 0.29 0.05 0.07 0.06 0.07 - 0.01 0.39 0.06 0.42 0.41 0.41 - 0.01 0.55 0.22 1.07 0.91 1.02 - 0.06 5.42 0.91 0.19 0.18 0.19 + 0.01 0.39 0.17 0.14 0.13 0.14 + 0.00 0.28 0.13 0.02 0.02 0.02 unch 0.00 0.05 0.01 0.00 0.00 0.04 unch 0.00 0.08 0.03 0.04 0.00 0.02 + 0.00 0.06 0.02 0.10 0.00 0.10 unch 0.00 0.26 0.05 0.07 0.07 0.07 - 0.01 0.20 0.04 0.15 0.14 0.15 unch 0.00 0.20 0.13 0.23 0.00 0.23 - 0.01 0.30 0.18 1.97 1.78 1.94 + 0.04 2.43 1.43 0.27 0.22 0.22 - 0.05 0.38 0.22 0.37 0.28 0.30 - 0.06 0.55 0.29 0.01 0.00 0.01 - 0.01 0.08 0.01 0.02 0.02 0.02 + 0.01 0.10 0.02 0.21 0.20 0.20 - 0.01 0.35 0.18 0.29 0.28 0.29 unch 0.00 0.69 0.25 0.03 0.03 0.03 unch 0.00 0.04 0.03 0.04 0.00 0.04 unch 0.00 0.11 0.03 0.03 0.02 0.03 unch 0.00 0.06 0.02 2.42 2.21 2.40 + 0.10 4.15 2.17 0.00 0.00 0.07 unch 0.00 0.14 0.06 1.48 1.32 1.42 - 0.03 1.48 0.05 0.42 0.00 0.42 unch 0.00 0.51 0.35 0.03 0.02 0.03 unch 0.00 0.05 0.01 0.07 0.06 0.07 unch 0.00 0.14 0.06 0.05 0.05 0.05 + 0.00 0.12 0.04 0.19 0.16 0.18 + 0.02 0.48 0.14 0.05 0.04 0.04 - 0.01 0.11 0.02 0.30 0.00 0.25 - 0.05 0.35 0.10 2.70 2.68 2.68 - 0.02 2.98 1.96 2.85 2.24 2.59 + 0.16 3.21 0.18 0.02 0.02 0.02 unch 0.00 0.16 0.02 0.04 0.04 0.04 unch 0.00 0.20 0.03 0.04 0.04 0.04 unch 0.00 0.09 0.03 0.01 0.01 0.01 unch 0.00 0.04 0.01 0.03 0.02 0.03 unch 0.00 0.06 0.02 7.60 7.17 7.40 + 0.26 7.70 3.44 10.13 9.58 9.90 + 0.35 10.13 4.51 0.40 0.38 0.39 - 0.02 0.54 0.35 0.31 0.28 0.29 - 0.03 0.43 0.27 0.11 0.07 0.10 + 0.01 0.37 0.07 0.13 0.11 0.13 unch 0.00 0.37 0.10 0.89 0.60 0.81 + 0.15 3.50 0.60 1.23 0.76 1.13 + 0.29 4.70 0.76 0.09 0.08 0.08 - 0.02 0.50 0.06

I-Minerals* O 31 I-Minerals V 78 IAMGOLD T 4455 IAMGOLD* N 18462 Icon Explor* O 115 Iconic Mnls V 196 Iconic Mnls * O 21 IEMR Res V 150 iMetal Res V 2639 iMetal Res* O 160 IMPACT Silver V 231 O 4 Impala Platnm* Imperial Metal* O 26 Imperial Metal T 107 415 Imperial Mg Gr V Inca One Gold* O 76 Inca One Gold V 201 Inception Mng * O 18 V 89 Independence G Independence G* O 60 Indico Res V 500 Indigo Expl V 80 Infinite Lith* O 0 Infinite Lith V 60 Inform Res V 0 O 1 Infrastructure* Inspiration Mg* O 15 Intact Gold V 32 Integra Res* O 126 Integra Res V 260 O 30 Inter-Rock Mnl* Inter-Rock Mnl V 5 Interconnect V 6 Intercontinent* O 1 Intercontinent V 0 Intgr Egy Sol* O 1077 Intl Battery* O 122 Intl Battery 66 1 Intl Bethl Mng V Intl Bethl Mng* O 1 Intl Cobalt* O 1487 Intl Cobalt 814 Intl Lithium* O 35 Intl Lithium V 151 Intl Montoro* O 176 Intl Montoro V 342 Intl Prospect * O 1 Intl Prospect V 2 Intl Samuel Ex V 278 Intl Star* O 953 Intl Tower Hil* X 409 Intl Tower Hil T 45 Intl Zeolite V 108 Intl Zeolite* O 25 Intrepid Pots* N 2134 INV Metals* O 24 INV Metals T 210 Inventus Mg * O 50 Inventus Mg V 143 InZinc Mining V 1118 InZinc Mining* O 200 Ireland* O 51 Irving Res* O 294 Irving Res 394 IsoEnergy Ltd V 292 Itafos* O 36 V 43 Itafos Itoco Inc* O 0 O 539 Ivanhoe Mines* T 5652 Ivanhoe Mines Jade Leader* O 289 Jade Leader V 209 Jaeger Res * O 3 Jaeger Res V 66 Jaguar Mng* O 452 Jaguar Mng T 907 Japan Gold V 971 Japan Gold* O 219 Jasper Mining V 18 Jaxon Mining* O 90 Jaxon Mining V 204 Jayden Res* O 2 Jayden Res V 30 JDF Explor Inc 40 Jiulian Res V 516 Jourdan Res V 319 Jubilee Metals* O 3 Juggernaut Exp V 782 Juggernaut Exp* O 33 K2 Gold V 19 K92 Mining* O 548 K92 Mining V 2297 Kaizen Discov V 1155 Kal Minerals 50 Kapuskasing Gd V 250 Karmin Expl V 0 Karnalyte Res T 122 Karoo Expl V 216 KAT Expl* O 25850 Katanga Mng T 685 Kenadyr Mining V 68 Kenadyr Mining* O 62 Kermode Res V 52 Kerr Mines* O 150 Kerr Mines T 676 Kesselrun Res V 805 Kestrel Gold V 462 Kilo Goldmines V 43 Kilo Goldmines* O 134 Kincora Copper* O 3 Kincora Copper V 71 Kings Bay Res* O 2 Kings Bay Res V 3123 Kingsmen Res V 58 Kingsmen Res* O 96 Kinross Gold T 15458 Kinross Gold* N 44524 Kintavar Exp V 104

0.05 0.05 0.05 - 0.03 0.24 0.05 0.10 0.09 0.10 + 0.02 0.30 0.07 4.70 4.36 4.60 - 0.03 8.20 3.64 3.52 3.26 3.44 - 0.03 6.33 2.75 0.10 0.09 0.10 - 0.03 0.21 0.09 0.14 0.12 0.13 unch 0.00 0.19 0.08 0.11 0.09 0.11 + 0.01 0.14 0.06 0.02 0.02 0.02 + 0.01 0.04 0.01 0.15 0.12 0.12 - 0.04 0.19 0.07 0.11 0.09 0.09 - 0.03 0.14 0.05 0.30 0.27 0.29 - 0.01 0.56 0.20 0.00 0.00 1.82 unch 0.00 1.85 1.15 2.10 1.98 2.03 - 0.14 2.60 0.72 2.84 2.61 2.69 - 0.19 3.50 0.93 0.11 0.06 0.10 + 0.02 0.12 0.05 0.04 0.03 0.04 + 0.00 0.06 0.02 0.05 0.05 0.05 unch 0.00 0.07 0.04 0.36 0.00 0.31 - 0.07 0.55 0.00 0.08 0.08 0.08 + 0.01 0.13 0.04 0.05 0.05 0.05 unch 0.00 0.08 0.03 0.01 0.01 0.01 unch 0.00 0.02 0.01 0.02 0.02 0.02 - 0.01 0.03 0.01 0.00 0.00 0.05 unch 0.00 0.15 0.05 0.08 0.07 0.08 + 0.01 0.18 0.06 0.00 0.00 0.06 unch 0.00 0.20 0.06 0.00 0.00 0.00 + 0.00 0.00 0.00 0.00 0.00 0.00 + 0.00 0.08 0.00 0.08 0.08 0.08 unch 0.00 1.18 0.06 0.62 0.57 0.59 - 0.01 0.85 0.44 0.81 0.76 0.77 - 0.03 1.05 0.61 0.20 0.20 0.20 unch 0.00 0.29 0.18 0.22 0.22 0.22 unch 0.00 0.47 0.20 0.07 0.07 0.07 + 0.03 0.11 0.04 0.14 0.14 0.14 unch 0.00 0.47 0.13 0.00 0.00 0.18 unch 0.00 0.65 0.12 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.13 0.10 0.12 + 0.01 0.50 0.10 0.16 0.00 0.16 + 0.01 0.63 0.13 0.00 0.00 0.05 unch 0.00 0.09 0.03 0.03 0.03 0.03 unch 0.00 0.03 0.02 0.03 0.02 0.03 - 0.00 0.20 0.02 0.03 0.00 0.03 unch 0.00 0.25 0.03 0.05 0.04 0.04 - 0.00 0.09 0.02 0.06 0.05 0.06 + 0.01 0.12 0.03 0.05 0.04 0.04 - 0.01 0.06 0.03 0.07 0.06 0.06 + 0.01 0.09 0.04 0.11 0.11 0.11 unch 0.00 0.25 0.10 0.16 0.00 0.16 - 0.02 0.38 0.12 0.03 0.03 0.03 unch 0.00 0.13 0.02 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.55 0.49 0.50 - 0.03 0.78 0.35 0.72 0.66 0.67 - 0.03 0.99 0.48 0.13 0.11 0.12 - 0.01 0.42 0.05 0.10 0.10 0.10 unch 0.00 0.31 0.01 3.92 3.68 3.87 + 0.08 5.31 2.51 0.42 0.36 0.36 - 0.03 0.59 0.26 0.55 0.48 0.50 - 0.02 0.83 0.35 0.11 0.10 0.10 - 0.00 0.18 0.08 0.14 0.13 0.13 - 0.02 0.25 0.11 0.05 0.04 0.05 - 0.01 0.14 0.04 0.04 0.04 0.04 unch 0.00 0.10 0.02 0.18 0.12 0.16 - 0.01 0.20 0.03 1.38 1.12 1.32 - 0.07 1.82 0.70 1.85 1.50 1.76 unch 0.00 2.39 0.91 0.65 0.60 0.65 + 0.01 0.65 0.28 0.57 0.00 0.56 + 0.02 2.20 0.47 0.75 0.00 0.70 - 0.03 2.80 0.63 0.00 0.00 0.22 unch 0.00 0.31 0.02 2.52 2.28 2.39 - 0.01 2.77 1.50 3.37 3.07 3.19 - 0.01 3.59 2.00 0.20 0.14 0.20 + 0.04 0.34 0.13 0.26 0.13 0.26 + 0.06 0.44 0.13 0.02 0.02 0.02 unch 0.00 0.03 0.01 0.03 0.02 0.02 - 0.01 0.05 0.02 0.11 0.08 0.09 - 0.01 0.31 0.08 0.14 0.11 0.12 - 0.02 0.40 0.11 0.27 0.17 0.19 - 0.08 0.38 0.07 0.21 0.13 0.15 - 0.05 0.28 0.06 0.08 0.08 0.08 unch 0.00 0.29 0.08 0.05 0.04 0.05 + 0.00 0.13 0.04 0.06 0.06 0.06 + 0.01 0.16 0.05 0.01 0.01 0.01 unch 0.00 0.12 0.00 0.01 0.00 0.01 - 0.01 0.20 0.01 0.05 0.05 0.05 unch 0.00 0.15 0.01 0.12 0.09 0.11 + 0.01 0.18 0.02 0.03 0.03 0.03 unch 0.00 0.09 0.03 0.04 0.04 0.04 unch 0.00 0.05 0.03 0.09 0.08 0.09 + 0.01 0.59 0.07 0.06 0.00 0.05 - 0.01 1.10 0.05 0.25 0.00 0.25 + 0.01 0.33 0.16 1.23 1.08 1.20 + 0.10 1.17 0.46 1.65 1.46 1.59 + 0.12 1.57 0.57 0.07 0.05 0.07 + 0.02 0.11 0.05 0.25 0.25 0.25 unch 0.00 0.25 0.12 0.01 0.01 0.01 unch 0.00 0.04 0.01 0.00 0.00 0.80 unch 0.00 1.10 0.60 0.24 0.22 0.22 + 0.01 0.61 0.17 0.08 0.00 0.08 unch 0.00 0.80 0.06 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.52 0.46 0.48 - 0.03 1.85 0.36 0.08 0.07 0.07 - 0.01 0.21 0.06 0.06 0.00 0.06 + 0.01 0.16 0.04 0.02 0.02 0.02 unch 0.00 0.03 0.01 0.10 0.08 0.10 + 0.01 0.19 0.07 0.13 0.11 0.13 + 0.01 0.25 0.11 0.06 0.05 0.06 - 0.01 0.14 0.03 0.03 0.02 0.02 + 0.01 0.05 0.01 0.02 0.00 0.02 unch 0.00 0.05 0.01 0.01 0.01 0.01 + 0.00 0.06 0.01 0.07 0.07 0.07 unch 0.00 0.23 0.07 0.11 0.09 0.11 + 0.03 0.29 0.08 0.03 0.03 0.03 unch 0.00 0.08 0.02 0.04 0.04 0.04 unch 0.00 0.10 0.03 0.70 0.67 0.70 + 0.03 0.69 0.15 0.52 0.42 0.52 + 0.00 0.52 0.11 4.72 4.40 4.67 + 0.07 5.34 3.15 3.52 3.30 3.50 + 0.06 4.12 2.38 0.20 0.19 0.20 + 0.01 0.49 0.11

I-J-K

(100s) Stock

Week

21

12-month

Exc Volume High Low Last Change High Low

Kirkland Lake* N 8000 Kirkland Lake T 4194 Klondike Gold* O 56 Klondike Gold V 176 Klondike Silv* O 41 Klondike Silv V 268 Knick Expl V 291 Kombat Copper V 546 Kombat Copper* O 45 Komet Resource V 50 O 123 Kootenay Silvr* Kootenay Silvr V 159 Kootenay Zinc 145 Kootenay Zinc* O 233 KOPR Point 70 Kore Mining V 1362 Kore Mining * O 33 Kutcho Copper * O 35 KWG Res 350

32.85 29.15 32.27 + 1.86 36.74 14.86 43.88 38.80 43.20 + 2.56 48.48 19.01 0.19 0.15 0.15 - 0.03 0.34 0.10 0.24 0.21 0.21 - 0.03 0.44 0.17 0.04 0.00 0.04 + 0.01 0.07 0.02 0.05 0.04 0.05 unch 0.00 0.08 0.04 0.01 0.01 0.01 unch 0.00 0.03 0.01 0.13 0.00 0.12 + 0.01 0.29 0.05 0.09 0.08 0.09 + 0.00 0.18 0.05 0.20 0.19 0.19 - 0.01 0.48 0.11 0.10 0.08 0.08 - 0.02 0.15 0.08 0.13 0.13 0.13 unch 0.00 0.19 0.11 0.16 0.10 0.15 + 0.05 0.29 0.05 0.12 0.07 0.11 + 0.01 0.17 0.03 0.19 0.15 0.17 + 0.01 4.10 0.01 0.30 0.23 0.28 - 0.01 0.35 0.08 0.20 0.17 0.19 + 0.01 0.20 0.09 0.22 0.20 0.21 - 0.00 0.50 0.14 0.01 0.01 0.01 unch 0.00 0.02 0.01

Labdr Iron Mns* O 49 Labrador Gold V 104 O 8 Labrador Gold* Labrador Iron T 1240 1 Lake Forest Mi* O Lara Expl V 27 Laramide Res T 1892 Laredo Res* O 274 Largo Res T 5596 Largo Res* O 1592 Lateral Gold V 3 Latin Am Mnls V 1276 Latin Am Mnls* O 4 191 Laurion Mnl Ex* O Laurion Mnl Ex V 530 Le Mare Gold* O 32 Le Mare Gold V 67 LeadFX Inc* O 0 Leading Edge V 288 O 356 Leading Edge* Leagold Mg T 823 Leagold Mg* O 286 Leeta Gold V 8952 Legion Metals 3420 Leo Res* O 8 50 Lepanto Con Mg* O Levon Res Ltd T 369 Levon Res Ltd * O 89 O 60 Libero Copper* V 42 Libero Copper Liberty Gold* O 1173 Liberty One Li V 34 Liberty One Li* O 90 LiCo Energy* O 88 LiCo Energy V 47 Lincoln Mng V 14 Lion One Mtls V 132 Lion One Mtls* O 234 Lions Bay Cap V 644 Lions Bay Mg 7 Lions Bay Mg * O 2 Lithium Amer* N 1813 Lithium Amer T 1020 Lithium Chile V 74 Lithium Chile* O 61 Lithium Corp* O 327 Lithium Energi* O 63 V 30 Lithium Energi Lithium Expl* O 953 Lithoquest Dia V 241 O 5 Lithoquest Dia* LKA Gold* O 23 Lode-Star Mg* O 34 Lomiko Mtls* O 104 Lomiko Mtls V 930 Loncor Res T 1115 Lone Star Gold* O 25 Lonmin plc* O 80 Lonmin plc* O 0 Lorraine Coppr* O 2 V 1154 Lorraine Coppr Los Andes Copp V 205 Lovitt Res* O 182 LSC Lithium* O 5 Lucara Diam T 614 Lucky Mnls * O 207 Lucky Mnls V 567 Luckystrike * O 22 Luckystrike V 53 Lumina Gold* O 163 Lumina Gold V 152 Luminex Res V 62 Lundin Gold T 227 Lundin Mng* O 125 Lundin Mng T 8968 Lupaka Gold V 79 Lydian Intl* O 16 Lydian Intl T 1748 Lynas Corp* O 236 Lynas Corp* O 169

0.00 0.00 0.00 - 0.00 0.11 0.00 0.21 0.19 0.19 - 0.02 0.35 0.14 0.14 0.14 0.14 unch 0.00 0.21 0.12 31.95 29.47 31.73 + 2.35 33.81 20.51 0.50 0.50 0.50 unch 0.00 0.50 0.50 0.53 0.50 0.51 unch 0.00 0.74 0.41 0.45 0.35 0.43 + 0.09 0.52 0.24 0.00 0.00 0.00 - 0.00 0.05 0.00 2.19 2.00 2.07 - 0.05 4.65 1.43 1.65 1.50 1.54 - 0.05 3.56 1.09 0.34 0.33 0.33 - 0.02 0.89 0.25 0.02 0.02 0.02 + 0.01 0.11 0.01 0.01 0.01 0.01 unch 0.00 0.09 0.01 0.07 0.06 0.07 unch 0.00 0.08 0.04 0.10 0.09 0.10 + 0.01 0.11 0.05 0.06 0.05 0.06 - 0.00 0.30 0.00 0.09 0.07 0.08 - 0.01 0.18 0.06 0.00 0.00 0.67 unch 0.00 1.11 0.65 0.16 0.14 0.15 + 0.01 0.81 0.14 0.12 0.10 0.10 - 0.00 0.63 0.10 1.91 1.67 1.73 - 0.15 3.17 1.28 1.42 1.26 1.30 - 0.08 2.63 0.95 0.67 0.52 0.65 + 0.11 1.76 0.24 0.35 0.31 0.34 - 0.02 0.60 0.18 0.06 0.04 0.04 - 0.04 0.60 0.01 0.00 0.00 0.00 unch 0.00 0.01 0.00 0.13 0.11 0.11 unch 0.00 0.29 0.11 0.10 0.08 0.09 + 0.00 0.23 0.08 0.08 0.08 0.08 unch 0.00 0.19 0.04 0.10 0.09 0.10 unch 0.00 0.15 0.07 0.29 0.25 0.29 + 0.03 0.35 0.21 0.12 0.00 0.11 unch 0.00 0.46 0.07 0.10 0.08 0.08 - 0.00 0.36 0.04 0.08 0.07 0.08 - 0.00 0.18 0.01 0.11 0.00 0.09 - 0.01 0.90 0.07 0.01 0.01 0.01 unch 0.00 0.03 0.01 0.64 0.60 0.63 - 0.01 0.76 0.35 0.49 0.45 0.46 - 0.02 0.62 0.24 0.07 0.06 0.07 + 0.01 0.12 0.04 0.17 0.00 0.16 - 0.01 0.20 0.11 0.12 0.00 0.12 + 0.00 0.14 0.00 4.80 3.90 4.80 + 1.02 6.87 2.75 6.43 5.25 6.40 + 1.34 8.85 3.74 0.56 0.51 0.56 unch 0.00 1.10 0.46 0.44 0.38 0.40 - 0.04 0.97 0.34 0.13 0.11 0.13 + 0.00 0.45 0.10 0.00 0.00 0.13 unch 0.00 0.34 0.11 0.19 0.00 0.18 - 0.01 0.44 0.15 0.01 0.00 0.01 + 0.00 0.03 0.00 0.11 0.10 0.10 - 0.01 0.88 0.08 0.07 0.07 0.07 unch 0.00 0.51 0.06 0.16 0.07 0.15 + 0.03 0.43 0.05 0.11 0.06 0.11 + 0.05 0.06 0.02 0.05 0.04 0.04 - 0.00 0.11 0.02 0.06 0.05 0.06 - 0.01 0.10 0.04 0.07 0.07 0.07 - 0.01 0.14 0.06 1.41 0.00 1.34 + 0.11 2.12 0.05 1.10 0.99 1.07 + 0.06 1.06 0.45 0.00 0.00 0.89 unch 0.00 0.93 0.53 0.19 0.17 0.19 + 0.02 0.22 0.01 0.25 0.23 0.25 + 0.01 0.29 0.07 0.25 0.20 0.24 - 0.01 0.35 0.15 0.31 0.02 0.30 + 0.00 0.31 0.00 0.49 0.49 0.49 unch 0.00 0.93 0.24 1.59 1.50 1.59 + 0.03 2.39 1.38 0.08 0.06 0.07 - 0.01 0.16 0.06 0.11 0.09 0.10 - 0.01 0.21 0.09 0.18 0.17 0.17 - 0.00 0.35 0.11 0.21 0.00 0.20 - 0.03 0.55 0.13 0.46 0.41 0.46 + 0.01 1.03 0.35 0.63 0.56 0.60 unch 0.00 0.85 0.46 0.79 0.66 0.69 + 0.01 1.05 0.51 5.28 5.07 5.28 + 0.13 5.90 4.33 5.00 4.60 4.98 + 0.31 6.95 3.60 6.70 6.34 6.67 + 0.47 8.96 4.70 0.09 0.08 0.08 - 0.01 0.24 0.07 0.08 0.07 0.08 + 0.00 0.38 0.05 0.12 0.10 0.12 + 0.01 0.49 0.07 1.55 1.48 1.50 + 0.04 2.20 1.05 1.57 1.44 1.47 unch 0.00 2.20 1.05

L

M M.P.V. Explor 25 0.13 0.13 0.13 unch 0.00 0.30 0.06 M2 Cobalt* O 229 0.15 0.15 0.15 - 0.00 0.75 0.12 Macarthur Mnl* O 2842 0.10 0.07 0.09 + 0.02 0.31 0.01 Macarthur Mnl V 14409 0.14 0.09 0.12 + 0.03 0.17 0.02 MacDonald Mns* O 16 0.05 0.04 0.04 - 0.01 0.07 0.02 V 101 0.05 0.05 0.05 + 0.01 0.09 0.03 MacDonald Mns Madeira Mrnls V 2 0.03 0.03 0.03 unch 0.00 0.04 0.02 MAG Silver T 1137 14.37 12.84 13.49 - 0.78 15.59 8.10 O 5 2.00 1.70 1.90 + 0.15 3.80 0.60 Magellan Gold* Magna Terra V 132 0.04 0.04 0.04 - 0.01 0.06 0.03 unch 0.00 0.11 0.05 Majestic Gold V 172 0.07 0.06 0.07 O 14 0.05 0.04 0.05 + 0.00 0.08 0.04 Majestic Gold* Makena Res 428 0.09 0.08 0.09 unch 0.00 0.13 0.04 unch 0.00 0.08 0.03 Makena Res* O 1 0.07 0.07 0.07 Mako Mining V 395 0.14 0.13 0.13 unch 0.00 0.29 0.12 Mako Mining* O 71 0.10 0.09 0.10 - 0.01 0.23 0.01 V 23 0.05 0.05 0.05 unch 0.00 0.09 0.03 Mammoth Res Mandalay Res T 1410 0.12 0.11 0.11 - 0.02 0.25 0.05 Mandalay Res* O 823 0.09 0.08 0.08 - 0.01 0.20 0.03 Manganese X* O 5 0.13 0.11 0.13 + 0.02 0.16 0.07 Manganese X V 552 0.18 0.00 0.16 + 0.01 0.20 0.08 Mangazeya Mng V 382 0.05 0.04 0.05 + 0.01 0.05 0.02 Mangazeya Mng* O 60 0.03 0.03 0.03 + 0.00 0.03 0.01 90 0.04 0.04 0.04 unch 0.00 0.09 0.03 Manitou Gold * O Manitou Gold V 5623 0.06 0.04 0.05 + 0.01 0.13 0.03 Maple Gold V 675 0.09 0.09 0.09 + 0.01 0.28 0.08 Maple Gold* O 205 0.07 0.06 0.07 + 0.00 0.23 0.06 Marathon Gold* O 224 0.72 0.68 0.69 - 0.03 0.95 0.49 Marathon Gold T 789 0.97 0.90 0.91 - 0.06 1.20 0.65 Margaret Lake V 314 0.08 0.06 0.08 + 0.02 0.16 0.02 Margaux Res V 136 0.08 0.00 0.08 + 0.02 0.26 0.03 Marifil Mines V 108 0.13 0.12 0.13 unch 0.00 0.22 0.05 Marifil Mines* O 158 0.11 0.09 0.11 + 0.01 0.15 0.01 0.07 Maritime Res V 1214 0.10 0.09 0.09 - 0.01 0.14 MartinMarietta* N 3289 207.71 201.57 205.82 + 4.64 232.89 150.75 Mas Gold V 403 0.16 0.10 0.10 - 0.06 0.16 0.04 Mason Graphite* O 79 0.33 0.30 0.30 - 0.00 1.50 0.28 Mason Graphite V 562 0.44 0.40 0.40 - 0.02 1.90 0.36 unch 0.00 0.32 0.07 Matica Ent 2443 0.11 0.10 0.11 Maverix Metals V 107 2.79 2.50 2.64 + 0.16 2.86 1.33 Maverix Metals* O 31 2.06 1.84 1.97 + 0.13 2.18 1.03 Mawson Res T 125 0.22 0.21 0.21 - 0.01 0.46 0.19 Mawson Res* O 44 0.17 0.15 0.17 - 0.01 0.36 0.13 MAX Res V 3374 0.31 0.28 0.28 - 0.02 0.50 0.12 MaxTech Vent 57 0.08 0.07 0.08 + 0.01 0.44 0.07 MaxTech Vent* O 105 0.06 0.05 0.06 + 0.01 0.35 0.04 Maxwell Res* O 98 0.01 0.01 0.01 + 0.00 0.02 0.00 Maya Gold &Sil* O 2 1.67 1.61 1.63 - 0.05 2.33 1.20 Maya Gold &Sil T 36 2.23 2.16 2.20 unch 0.00 3.02 1.58 Mazarin V 25 0.11 0.08 0.11 + 0.03 0.18 0.05 MBMI Res* O 2 0.01 0.00 0.01 - 0.00 1.00 0.01 MBMI Res V 41 0.02 0.02 0.02 unch 0.00 0.07 0.02 McChip Res V 5 0.73 0.73 0.73 - 0.01 0.93 0.52 McEwen Mng T 1712 2.07 1.89 2.02 + 0.02 3.28 1.89 McEwen Mng* N 13712 1.55 1.42 1.51 + 0.01 2.52 1.42 McLaren Res 5 0.04 0.04 0.04 unch 0.00 0.10 0.02 MDN Inc* O 110 0.17 0.14 0.14 - 0.02 0.25 0.13 Meadow Bay Gd 129 0.05 0.04 0.05 + 0.01 0.20 0.03 Meadow Bay Gd* O 33 0.03 0.02 0.03 + 0.01 0.15 0.02 Mechel* N 492 2.12 1.95 2.06 + 0.08 4.54 1.95 Medallion Res V 194 0.11 0.10 0.11 unch 0.00 0.17 0.08 Medallion Res* O 155 0.09 0.07 0.08 - 0.01 0.13 0.06 Medgold Res V 73 0.15 0.12 0.12 - 0.05 0.51 0.12 Medgold Res* O 0 0.00 0.00 0.10 unch 0.00 0.38 0.09 O 675 0.00 0.00 0.00 + 0.00 0.01 0.00 Medinah Mnrls* Mega Uranium T 315 0.11 0.10 0.10 unch 0.00 0.18 0.10 Mega Uranium* O 86 0.08 0.07 0.08 - 0.00 0.14 0.07 Megastar Dev V 751 0.08 0.06 0.07 + 0.01 0.11 0.04 MegumaGold 6 0.13 0.13 0.13 - 0.02 0.30 0.12 MegumaGold* O 6 0.10 0.10 0.10 - 0.00 0.21 0.09

2019-04-08 12:31 PM


22

WWW.NORTHERNMINER.COM

APRIL 15–28, 2019 / THE NORTHERN MINER

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

Week

12-month

Exc Volume High Low Last Change High Low

Melior Res V 45 Melior Res* O 5 Melkior Res V 815 Meridian Mg V 118 Meridian Mg * O 1 Meryllion Res 257 Meryllion Res* O 0 MetalCorp V 114 Metalex Vent V 178 Metalla Rylty* O 739 Metalla Rylty V 812 Metallic Mnrls* O 70 Metallic Mnrls V 85 Metallis Res V 47 Metalo Manuf 33 Metalo Manuf* O 0 Metalore Res* O 0 Metalore Res V 2 Metals Creek* O 75 Metals Creek V 165 Metals X* O 1069 Metron Capital V 50 Mexican Gold* O 99 O 8 Mexivada Mng* Mexus Gold* O 4891 O 1666 MGX Minerals* MGX Minerals 2182 Midas Gold T 554 Midas Gold* O 958 Midasco Cap V 200 Midland Expl V 680 Midnight Star 288 Midnight Sun V 348 Millennial Lit* O 49 Millennial Lit V 97 Millrock Res* O 365 Millrock Res V 354 Milner Con Slv V 10 O 90 Minaurum Gold* Minaurum Gold V 212 Minco Silver* O 13 Minco Silver T 37 Minecorp Egy * O 0 Minera Alamos * O 208 Minera Alamos V 822 Minera IRL 41 Mineral Mtn* O 142 Mineral Mtn V 657 MineralRite* O 300 Mineworx Tech V 885 O 352 Mineworx Tech* Minfocus Expl V 32 Minfocus Expl* O 88 O 1400 Mining Global* Minnova Corp V 85 Miramont Res* O 629 Miramont Res 2790 Mirasol Res V 316 Mistango River 5 MK2 Ventures V 40 0 MK2 Ventures * O Mkango Res V 160 ML Gold* O 22 87 ML Gold Corp V Monarca Mnrls* O 36 V 123 Monarca Mnrls Monarch Gold T 376 Monarch Gold* O 82 Moneta Porcpn* O 1869 Moneta Porcpn T 1214 16 Monitor Vent V Monitor Vent* O 5 Monster Uran* O 0 Montego Res 124 Monterey Min 13 V 23 Montero Mg&Ex Monument Mng V 158 Morien Res* O 1 Morien Res V 50 Mosaic* N 15572 Mount Gibson * O 15 Mountain Boy* O 176 Mountain Boy V 47 D 3689 Mountain Prov* Mountain Prov T 3953 O 130 Mundoro Cap* Mundoro Cap V 707 Murchison Min V 715 MX Gold* O 99

0.45 0.35 0.35 - 0.10 1.45 0.33 0.34 0.34 0.34 unch 0.00 0.62 0.07 0.07 0.05 0.06 + 0.01 0.13 0.04 0.08 0.08 0.08 unch 0.00 0.55 0.05 0.05 0.05 0.05 unch 0.00 0.08 0.05 0.02 0.02 0.02 unch 0.00 0.04 0.01 0.00 0.00 0.00 unch 0.00 0.02 0.00 0.01 0.01 0.01 unch 0.00 0.03 0.01 0.04 0.03 0.03 - 0.01 0.06 0.02 1.02 0.90 0.95 - 0.05 1.08 0.48 1.33 1.20 1.27 - 0.07 1.43 0.63 0.13 0.11 0.13 - 0.03 0.30 0.11 0.17 0.16 0.17 - 0.02 0.37 0.15 0.61 0.52 0.56 - 0.03 1.53 0.39 0.25 0.15 0.23 - 0.02 0.49 0.10 0.18 0.18 0.18 unch 0.00 0.31 0.18 1.16 1.16 1.16 unch 0.00 2.19 1.16 1.56 1.25 1.56 + 0.14 2.85 1.25 0.04 0.03 0.04 + 0.01 0.08 0.02 0.04 0.04 0.04 + 0.01 0.11 0.04 0.17 0.16 0.16 + 0.00 0.72 0.15 0.06 0.06 0.06 + 0.01 0.07 0.05 0.10 0.07 0.08 - 0.00 0.34 0.07 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.01 0.01 0.01 + 0.00 0.03 0.00 0.23 0.16 0.19 - 0.03 1.08 0.16 0.31 0.22 0.25 - 0.05 1.39 0.22 0.87 0.72 0.74 - 0.10 1.21 0.60 0.64 0.53 0.56 - 0.06 0.95 0.46 0.11 0.09 0.09 unch 0.00 0.15 0.07 1.27 1.21 1.25 unch 0.00 1.46 0.66 0.19 0.14 0.19 - 0.01 0.40 0.11 0.12 0.11 0.12 unch 0.00 0.34 0.10 1.23 1.14 1.16 - 0.02 2.37 0.67 1.71 1.51 1.56 - 0.02 3.05 1.04 0.08 0.06 0.06 - 0.01 0.31 0.05 0.10 0.08 0.09 - 0.01 0.40 0.07 0.06 0.06 0.06 unch 0.00 0.11 0.03 0.31 0.29 0.31 + 0.00 0.51 0.29 0.41 0.39 0.40 - 0.01 0.67 0.39 0.43 0.00 0.41 + 0.05 0.60 0.24 0.57 0.47 0.55 + 0.07 0.77 0.35 0.00 0.00 0.01 unch 0.00 0.07 0.01 0.09 0.08 0.08 - 0.01 0.12 0.06 0.11 0.11 0.11 - 0.01 0.15 0.09 0.06 0.00 0.06 unch 0.00 0.12 0.05 0.13 0.00 0.12 + 0.02 0.60 0.05 0.19 0.15 0.16 + 0.02 0.65 0.07 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.12 0.10 0.10 - 0.01 0.24 0.09 0.09 0.07 0.08 - 0.00 0.20 0.07 0.07 0.00 0.06 - 0.02 0.18 0.03 0.06 0.04 0.04 - 0.00 0.07 0.03 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.17 0.15 0.15 - 0.05 0.93 0.15 0.12 0.09 0.11 + 0.01 0.48 0.09 0.16 0.12 0.14 + 0.02 0.63 0.12 0.80 0.74 0.77 - 0.03 2.15 0.74 0.03 0.00 0.03 unch 0.00 0.05 0.02 0.30 0.17 0.17 - 0.13 0.39 0.15 0.00 0.00 0.16 unch 0.00 0.16 0.12 0.15 0.14 0.14 - 0.01 0.19 0.10 0.10 0.09 0.10 + 0.01 0.13 0.01 0.13 0.13 0.13 - 0.02 1.60 0.13 0.04 0.04 0.04 + 0.00 0.05 0.01 0.05 0.04 0.05 + 0.01 0.06 0.02 0.33 0.26 0.28 - 0.04 0.36 0.15 0.24 0.19 0.20 - 0.04 0.29 0.11 0.09 0.07 0.09 + 0.02 0.12 0.06 0.13 0.10 0.13 + 0.02 0.16 0.07 0.20 0.00 0.20 unch 0.00 0.98 0.16 0.21 0.13 0.13 - 0.02 0.80 0.12 0.00 0.00 0.11 unch 0.00 0.11 0.04 0.04 0.03 0.04 unch 0.00 0.31 0.03 0.12 0.08 0.08 - 0.03 0.16 0.08 0.12 0.10 0.10 - 0.03 0.28 0.07 0.06 0.06 0.06 unch 0.00 0.08 0.05 0.39 0.38 0.38 + 0.01 0.49 0.30 0.51 0.00 0.48 - 0.01 0.62 0.42 28.01 27.13 27.92 + 0.61 37.37 23.99 0.65 0.65 0.65 unch 0.00 0.65 0.28 0.14 0.13 0.14 unch 0.00 0.18 0.03 0.21 0.18 0.19 - 0.02 0.43 0.15 0.91 0.84 0.86 - 0.02 2.92 0.84 1.21 1.14 1.16 - 0.01 3.72 1.14 0.14 0.11 0.11 - 0.03 0.19 0.08 0.18 0.14 0.15 - 0.04 0.25 0.09 0.10 0.09 0.09 unch 0.00 0.25 0.06 0.01 0.00 0.00 - 0.00 0.04 0.00

NA Frac Sand* O 126 NACCO Ind* N 126 Namibia Crit V 48 Namibia Crit* O 20 Napier Vent V 16 Napier Vent* O 42 Natural Res Pt* N 135 Navy Res V 25 Nemaska Lith T 8106 Nemaska Lith* O 680 Neo Lithium V 1087 Neometals* O 4 O 466 Network Expl* Network Expl V 421 Nevada Canyon* O 4 Nevada Clean M* O 821 Nevada Clean M V 796 Nevada Copper T 385 Nevada Energy* O 1 Nevada Energy V 16 Nevada Expl * O 210 Nevada Expl V 296 Nevada Sunrise* O 109 Nevada Sunrise V 196 Nevada Zinc V 61 Nevado Res V 27 New Age Metals* O 125 New Age Metals V 1048 New Carolin Gd* O 61 New Carolin Gd V 398 New Destiny Mg V 52 New Dimen Res V 284 New Dimen Res* O 14 488 New Energy Met V New Gold* X 7844 New Gold T 2234 New Guinea Gld* O 238 450 New Jersey Mng New Jersey Mng* O 317 New Milln Iron T 737 75 New Milln Iron* O New Nadina V 34 New Nadina* O 0 New Oroperu V 2 New Pac Metals V 97 New Pac Metals* O 134 New Tech Min 126 Newlox Gold 43 Newmont Mng* N 44738 Newport Expl V 52 Newport Gold* O 4 NewRange Gold* O 322 NewRange Gold V 1255 Nexa Resources T 3 Nexa Resources* N 346 Nexco Res 25 Nexgen Energy T 2782 Nexgen Energy* X 1384 NextSource Mat T 590 Nexus Gold* O 250 Nexus Gold V 1053 NGEx Res* O 4 NGEx Res T 140 Nickel Creek T 512 Nickel Creek* O 426 Nickel North V 146 Nickel One Res V 9930 Nicola Mg Inc V 635 Nicola Mg Inc* O 3 Nighthawk Gold* O 1035 Nighthawk Gold T 820 Niobay Metals V 156 Niocan Inc V 74 Niocorp Dev T 284 Niocorp Dev* O 479 Nippon Dragon V 1327

0.01 0.01 0.01 - 0.00 0.01 0.00 39.88 37.55 39.66 + 1.44 40.35 28.77 0.12 0.11 0.12 + 0.01 0.46 0.08 0.09 0.07 0.08 - 0.01 2.77 0.06 0.22 0.19 0.20 + 0.01 0.49 0.19 0.18 0.13 0.13 unch 0.00 0.38 0.13 42.23 40.40 41.95 - 0.05 42.50 28.40 0.16 0.16 0.16 unch 0.00 0.24 0.15 0.34 0.31 0.33 - 0.02 1.44 0.27 0.26 0.23 0.24 - 0.01 1.12 0.21 1.13 0.84 1.09 + 0.23 1.80 0.55 0.20 0.17 0.17 - 0.03 0.39 0.10 0.38 0.30 0.32 - 0.01 0.41 0.19 0.46 0.39 0.43 - 0.01 0.47 0.23 0.04 0.04 0.04 unch 0.00 0.08 0.04 0.04 0.03 0.04 + 0.00 0.05 0.02 0.05 0.05 0.05 - 0.01 0.06 0.03 0.42 0.40 0.40 + 0.01 0.72 0.33 0.09 0.00 0.08 - 0.00 0.20 0.07 0.15 0.00 0.15 + 0.03 0.29 0.10 0.24 0.21 0.22 - 0.02 0.39 0.09 0.33 0.28 0.29 - 0.02 0.50 0.12 0.07 0.06 0.06 - 0.00 0.15 0.04 0.09 0.07 0.08 + 0.01 0.19 0.06 0.10 0.08 0.08 - 0.01 0.22 0.08 0.20 0.00 0.20 + 0.06 0.90 0.09 0.06 0.04 0.06 - 0.00 0.09 0.03 0.08 0.06 0.07 - 0.01 0.10 0.05 0.12 0.10 0.11 - 0.02 0.40 0.09 0.16 0.13 0.14 - 0.02 0.56 0.13 0.14 0.13 0.13 - 0.02 0.25 0.10 0.05 0.05 0.05 unch 0.00 0.30 0.05 0.04 0.04 0.04 unch 0.00 0.22 0.04 0.16 0.02 0.16 - 0.01 7.20 0.16 0.88 0.83 0.88 + 0.02 2.59 0.70 1.18 1.11 1.18 + 0.04 3.31 0.90 0.00 0.00 0.00 - 0.00 0.00 0.00 0.20 0.18 0.18 unch 0.00 0.26 0.15 0.17 0.16 0.17 unch 0.00 0.25 0.13 0.07 0.06 0.07 unch 0.00 0.11 0.04 0.05 0.05 0.05 unch 0.00 0.08 0.03 0.09 0.00 0.09 - 0.02 0.26 0.05 0.00 0.00 0.09 unch 0.00 0.19 0.03 0.25 0.00 0.25 + 0.03 0.40 0.22 2.50 2.23 2.50 + 0.13 2.50 1.18 1.89 1.71 1.87 + 0.10 1.89 0.86 0.03 0.02 0.03 unch 0.00 0.08 0.02 0.05 0.04 0.05 unch 0.00 0.06 0.03 36.53 35.38 36.50 + 0.73 41.98 29.06 0.33 0.00 0.33 unch 0.00 0.38 0.22 0.03 0.03 0.03 - 0.01 0.04 0.02 0.13 0.10 0.12 + 0.01 0.25 0.04 0.18 0.13 0.17 + 0.03 0.29 0.07 16.94 16.58 16.79 + 0.10 23.30 11.00 12.77 12.36 12.52 + 0.07 18.30 8.22 0.07 0.07 0.07 unch 0.00 0.35 0.06 2.38 2.16 2.35 + 0.19 3.31 2.05 1.78 1.63 1.77 + 0.15 2.53 1.54 0.10 0.09 0.10 unch 0.00 0.16 0.05 0.09 0.08 0.08 - 0.01 0.29 0.02 0.12 0.11 0.11 unch 0.00 0.37 0.08 0.75 0.75 0.75 + 0.00 0.87 0.73 1.02 1.00 1.02 + 0.02 1.30 0.91 0.07 0.06 0.06 + 0.01 0.29 0.06 0.05 0.04 0.04 + 0.00 0.22 0.04 0.02 0.02 0.02 unch 0.00 0.07 0.02 0.08 0.05 0.07 + 0.02 0.07 0.02 0.11 0.09 0.10 + 0.01 0.18 0.09 0.08 0.06 0.08 + 0.02 0.13 0.06 0.26 0.24 0.26 + 0.01 0.56 0.22 0.35 0.32 0.35 + 0.02 0.72 0.30 0.23 0.19 0.19 - 0.04 0.37 0.16 0.21 0.18 0.18 - 0.01 0.36 0.06 0.61 0.56 0.58 - 0.02 0.74 0.52 0.47 0.41 0.43 - 0.03 0.58 0.39 0.03 0.02 0.03 + 0.01 0.05 0.01

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(100s) Stock

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(100s) Stock

12-month

Exc Volume High Low Last Change High Low

Nippon Dragon* O 423 Nitinat Mnls* O 0 Nitinat Mnls V 875 NKWE Platinum* O 50 Noble Metal V 262 Noble Mineral* O 17 Noble Mineral V 885 Noka Res* O 348 Noram Vent V 225 Noram Vent* O 56 Noranda Alum* O 1 Nordic Gold* O 17 Nordic Gold V 239 Noront Res V 884 Norra Metals V 25 Norsemont Cap 205 Nortec Mnls* O 8 Nortec Mnls V 457 North Am Nickl V 76 North Am Nickl* O 31 233 North Am Pall* O North Am Pall T 860 North Arrow Mn* O 28 North Arrow Mn V 1033 North Bay Res * O 8260 Northcliff Res T 42 Northern Light 350 Northern Uran V 20 Northisle C&G V 418 Norvista Cap V 200 T 395 NorZinc NorZinc* O 223 V 1581 Nouveau Monde Nouveau Monde* O 85 NovaGold Res T 1125 X 7508 NovaGold Res* Novo Res* O 783 Novo Res V 944 NRG Metals* O 320 NRG Metals V 344 V 66 Nrthn Graphite Nrthn Graphite* O 72 Nrthn Lion V 3 Nrthn Mnrls &E* O 433 Nrthn Shield V 462 O 19 Nrthn Superior* Nrthn Superior V 176 Nrthn Vertex* O 86 Nrthn Vertex V 804 NSGold V 0 NSS Res Inc 378 Nthn Dynasty T 584 Nthn Dynasty* X 4258 Nthrn Sphere* O 100 Nthrn Sphere 472 Nubian Res V 40 Nuinsco Res 2527 Nuinsco Res* O 218 NuLegacy Gold V 395 NuLegacy Gold* O 144 N 6041 Nutrien* Nutrien T 5254 NV Gold V 140 NV Gold* O 230 NX Uranium* O 22 NxGold Ltd* O 455 NxGold Ltd V 368 Nyrstar NV* O 52 O.T. Mining* O 5 OceanaGold T 5693 OceanaGold* O 8 Oceanic Iron O V 133 Oceanus Res V 144 Olivut Res* O 94 Olivut Res V 64 O 168 Omineca Mining* Omineca Mining V 253 One World Lith* O 12 One World Lith 272 Opawica Expl V 35 O 0 Opawica Expl* Opus One Res V 53 Orbite Tech* O 115 Orca Gold* O 0 Orca Gold V 317 Orefinders Res V 259 Orestone Mng V 1757 Orex Mnrls* O 117 Orex Mnrls V 166 O 41 Orezone Gold* Orezone Gold V 755 Orford Mining V 153 OrganiMax* O 1 OrganiMax V 4 Oriental Non F 1 Origin Gold V 71 Original Sixtn* O 1 Orla Mng Ltd T 386 Orla Mng Ltd* O 12 Oro East Mg* O 205 Oroco Res V 242 Oroco Res* O 157 Orocobre T 158 Oronova Energy V 341 Oroplata Res* O 1230 Orosur Mng T 19 Orsu Metals V 12 Orsu Metals* O 5 Orvana Mnrls T 124 Orvana Mnrls* O 39 Osino Res V 322 Osisko Gold* N 2069 Osisko Gold T 1518 O 10 Osisko Metals* Osisko Metals V 2081 Osisko Mng Inc T 1313 Osprey Gold V 510 Otis Gold V 392 Otis Gold* O 14 Outcrop Gold V 166 O 101 Outcrop Gold* OZ Minerals* O 1

0.02 0.01 0.02 + 0.00 0.04 0.00 0.04 0.00 0.04 unch 0.00 0.28 0.04 0.09 0.06 0.09 + 0.03 0.42 0.03 0.07 0.07 0.07 unch 0.00 0.07 0.05 0.01 0.01 0.01 - 0.01 0.03 0.01 0.08 0.00 0.08 + 0.00 0.13 0.04 0.12 0.10 0.10 unch 0.00 0.18 0.06 0.17 0.14 0.15 - 0.01 0.71 0.15 0.15 0.13 0.13 - 0.01 0.34 0.12 0.11 0.09 0.10 - 0.01 0.25 0.09 0.02 0.01 0.01 - 0.00 0.06 0.01 0.03 0.02 0.03 - 0.00 0.12 0.02 0.04 0.03 0.04 + 0.01 0.17 0.03 0.26 0.24 0.26 + 0.01 0.41 0.21 0.05 0.05 0.05 unch 0.00 0.15 0.04 0.37 0.30 0.37 unch 0.00 0.46 0.25 0.02 0.02 0.02 unch 0.00 0.07 0.00 0.03 0.03 0.03 unch 0.00 0.10 0.03 0.03 0.02 0.03 + 0.01 0.09 0.02 0.02 0.01 0.02 + 0.00 0.06 0.01 11.62 9.39 9.60 - 1.73 19.91 6.62 15.63 12.32 12.86 - 2.32 26.30 8.62 0.06 0.06 0.06 + 0.00 0.18 0.05 0.08 0.07 0.08 unch 0.00 0.24 0.07 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.08 0.07 0.08 unch 0.00 0.12 0.05 0.03 0.03 0.03 - 0.01 0.15 0.02 0.01 0.00 0.01 - 0.01 0.02 0.01 0.11 0.06 0.07 - 0.01 0.17 0.06 0.13 0.12 0.12 unch 0.00 0.15 0.06 0.10 0.09 0.09 + 0.01 0.17 0.08 0.07 0.06 0.07 + 0.00 0.13 0.05 0.27 0.23 0.25 + 0.01 0.37 0.21 0.20 0.18 0.19 + 0.02 0.28 0.17 5.81 5.32 5.75 + 0.18 6.47 4.49 4.36 3.97 4.29 + 0.12 5.05 3.41 2.15 1.76 1.80 - 0.27 5.00 1.42 2.80 2.36 2.40 - 0.36 6.42 1.89 0.12 0.08 0.10 - 0.02 0.29 0.03 0.15 0.12 0.13 - 0.03 1.52 0.12 0.21 0.17 0.20 + 0.03 0.45 0.14 0.16 0.13 0.14 - 0.01 0.34 0.09 0.38 0.37 0.37 unch 0.00 0.55 0.15 0.12 0.09 0.09 - 0.03 0.12 0.02 0.06 0.06 0.06 + 0.01 0.10 0.02 0.16 0.16 0.16 - 0.01 0.22 0.02 0.25 0.00 0.23 + 0.01 0.50 0.15 0.18 0.15 0.15 - 0.01 0.40 0.14 0.22 0.19 0.20 - 0.02 0.50 0.19 0.00 0.00 0.11 unch 0.00 0.15 0.07 0.10 0.07 0.08 - 0.03 0.45 0.08 0.88 0.77 0.84 + 0.05 1.47 0.55 0.66 0.58 0.63 + 0.02 1.12 0.43 0.01 0.01 0.01 unch 0.00 0.11 0.01 0.03 0.02 0.03 + 0.01 0.15 0.02 0.10 0.09 0.09 + 0.01 0.28 0.08 0.02 0.01 0.01 - 0.01 0.08 0.01 0.01 0.00 0.01 + 0.01 0.04 0.00 0.11 0.11 0.11 - 0.01 0.22 0.08 0.09 0.07 0.09 - 0.01 0.17 0.08 54.78 52.69 54.07 + 1.31 58.99 43.96 73.32 70.39 72.52 + 2.04 76.17 57.17 0.17 0.15 0.16 + 0.01 0.80 0.07 0.12 0.11 0.12 + 0.01 0.62 0.05 0.25 0.17 0.17 - 0.07 1.00 0.01 0.05 0.00 0.05 - 0.01 0.25 0.05 0.08 0.07 0.07 - 0.01 0.32 0.06 0.39 0.39 0.39 unch 0.00 7.36 0.39 0.08 0.08 0.08 unch 0.00 0.24 0.04 4.26 3.80 4.04 - 0.16 5.01 3.13 3.23 2.98 2.98 - 0.25 3.74 2.41 0.10 0.00 0.10 + 0.01 0.15 0.04 0.13 0.11 0.12 + 0.02 0.25 0.05 0.12 0.06 0.09 + 0.00 0.12 0.05 0.16 0.11 0.12 + 0.02 0.16 0.07 0.06 0.06 0.06 unch 0.00 0.06 0.01 0.08 0.07 0.08 + 0.01 0.08 0.02 0.16 0.12 0.12 - 0.02 0.16 0.10 0.17 0.00 0.16 - 0.01 0.22 0.12 0.07 0.00 0.07 unch 0.00 0.23 0.05 0.00 0.00 0.05 unch 0.00 0.08 0.02 0.05 0.05 0.05 unch 0.00 0.10 0.02 0.05 0.04 0.05 + 0.02 0.05 0.00 0.37 0.00 0.37 - 0.00 0.52 0.28 0.50 0.47 0.47 - 0.02 0.65 0.38 0.05 0.04 0.05 unch 0.00 0.13 0.04 0.25 0.17 0.20 - 0.01 0.25 0.06 0.05 0.05 0.05 + 0.00 0.13 0.05 0.09 0.07 0.07 - 0.01 0.17 0.07 0.39 0.36 0.38 - 0.01 0.74 0.31 0.53 0.49 0.51 unch 0.00 0.92 0.42 0.13 0.11 0.11 unch 0.00 0.33 0.07 0.03 0.03 0.03 + 0.00 0.20 0.03 0.04 0.00 0.04 unch 0.00 0.26 0.04 0.80 0.00 0.80 unch 0.00 1.05 0.80 0.12 0.00 0.12 + 0.02 0.15 0.07 0.12 0.12 0.12 unch 0.00 0.20 0.01 1.10 1.03 1.07 + 0.01 1.55 0.94 0.79 0.79 0.79 unch 0.00 1.15 0.00 0.00 0.00 0.00 unch 0.00 0.01 0.00 0.26 0.00 0.26 - 0.01 0.39 0.11 0.21 0.19 0.19 - 0.00 0.26 0.08 3.57 3.00 3.57 + 0.37 5.95 2.74 0.10 0.07 0.08 - 0.03 0.16 0.06 0.29 0.23 0.27 + 0.02 0.42 0.07 0.06 0.06 0.06 unch 0.00 0.20 0.02 0.27 0.23 0.27 + 0.03 0.34 0.17 0.18 0.18 0.18 unch 0.00 0.26 0.13 0.20 0.17 0.17 - 0.02 0.24 0.12 0.15 0.13 0.13 - 0.02 0.19 0.09 0.40 0.28 0.31 - 0.07 0.64 0.20 11.50 10.94 11.46 + 0.22 12.08 7.00 15.38 14.56 15.35 + 0.34 16.08 9.27 0.37 0.00 0.37 + 0.01 0.55 0.36 0.52 0.47 0.50 + 0.02 0.70 0.46 3.21 2.89 3.11 + 0.19 3.75 1.60 0.05 0.05 0.05 unch 0.00 0.09 0.04 0.10 0.09 0.09 - 0.01 0.32 0.08 0.07 0.06 0.06 + 0.00 0.25 0.06 0.42 0.36 0.38 + 0.03 0.55 0.10 0.32 0.26 0.30 + 0.04 0.33 0.01 7.73 0.00 7.54 + 0.04 8.02 5.90

Pac Arc Res V 25 Pac Bay Mnrls V 3 Pac Bay Mnrls* O 0 Pac Booker Min V 27 Pac Booker Min* O 14 Pac Imperial V 537 28 Pac Iron Ore V Pac Ridge Expl V 231 1 Pac Ridge Expl* O Pac Wildcat* O 2 Pacific Empire V 280 Pacific Rim* O 96 Pacific Rim 445 Pacific Silk V 52 Pacton Gold V 801 Paladin Energy* O 1238 Palamina Corp V 98 Palamina Corp* O 75 Pan Am Silver* D 8169 Pan Am Silver T 1526 Pan Andean Min* O 0 Pan Global Res V 615 Pancontinental V 60 Pancontinental* O 41 Pangolin Dia V 56 Panoro Mnrls V 39 PanTerra Gold* O 0 Pantheon Vent V 240 Para Resources V 216 Parallel Mng V 133 Paramount Gold* X 89 Paringa Res* O 125 Paringa Res* D 2 Parlane Res V 109 Pasinex Res 112 Patriot Gold* O 70 Peabody Enrgy* N 4308 Pedro Res V 712 Pelangio Expl* O 5 Pelangio Expl V 42 Peloton Mnrls 100 Peloton Mnrls* O 30 PepinNini Lith* O 227

0.22 0.22 0.22 unch 0.00 0.45 0.20 0.00 0.00 0.07 unch 0.00 0.20 0.06 0.00 0.00 0.05 unch 0.00 0.05 0.01 2.87 0.00 2.57 - 0.22 3.00 0.65 2.16 1.94 1.94 - 0.16 2.26 0.50 0.03 0.03 0.03 + 0.01 0.06 0.02 0.07 0.06 0.07 + 0.01 0.13 0.03 0.05 0.00 0.05 - 0.01 0.07 0.04 0.03 0.03 0.03 unch 0.00 0.05 0.02 0.00 0.00 0.00 unch 0.00 0.39 0.00 0.07 0.07 0.07 unch 0.00 0.20 0.06 0.24 0.20 0.23 + 0.03 0.42 0.07 0.32 0.28 0.32 + 0.04 0.53 0.10 0.03 0.02 0.02 unch 0.00 0.05 0.02 0.22 0.20 0.20 - 0.02 1.02 0.21 0.11 0.10 0.10 unch 0.00 0.50 0.02 0.30 0.00 0.25 - 0.08 0.43 0.25 0.22 0.19 0.22 - 0.04 0.33 0.19 13.34 12.82 13.26 + 0.01 18.75 12.12 17.84 17.07 17.76 + 0.10 24.22 16.05 0.00 0.00 0.06 unch 0.00 0.08 0.02 0.08 0.07 0.07 - 0.01 0.28 0.07 0.03 0.00 0.03 unch 0.00 0.09 0.03 0.02 0.02 0.02 - 0.01 0.07 0.02 0.04 0.04 0.04 unch 0.00 0.08 0.03 0.22 0.20 0.21 unch 0.00 0.39 0.13 0.01 0.01 0.01 unch 0.00 0.02 0.00 0.07 0.07 0.07 unch 0.00 0.12 0.06 0.22 0.19 0.21 + 0.01 0.24 0.12 0.03 0.02 0.03 unch 0.00 0.08 0.02 0.88 0.80 0.86 + 0.03 1.64 0.80 0.35 0.12 0.35 + 0.24 0.33 0.08 5.10 0.00 5.10 unch 0.00 10.38 4.70 0.07 0.00 0.06 + 0.01 0.30 0.03 0.09 0.06 0.06 - 0.02 0.22 0.06 0.07 0.06 0.07 - 0.00 0.15 0.04 29.19 27.10 27.99 - 0.34 47.84 27.10 0.19 0.16 0.17 unch 0.00 0.29 0.16 0.20 0.00 0.20 - 0.02 0.29 0.02 0.30 0.23 0.23 - 0.07 0.55 0.12 0.10 0.09 0.10 unch 0.00 0.15 0.03 0.07 0.07 0.07 - 0.01 0.11 0.05 0.00 0.00 0.00 - 0.00 0.02 0.00

P-Q

Week

12-month

Exc Volume High Low Last Change High Low

Perseus Mng T 231 Pershing Gold T 18 Pershing Gold* D 949 Pershing Res* O 453 Peruvian Metal* O 202 Peruvian Metal V 398 Petra Diamonds* O 13 Philex Mng* O 17 Philippine Mtl V 460 Phoenix Gold V 1405 Pine Cliff En* O 3 Pine Cliff En T 198 Pinecrest Res V 88 Pistol Bay Mng V 3448 Pistol Bay Mng* O 20 Pivit Explor 390 PJSC Polyus Gd* O 1 PJX Res V 34 Plata Latina V 42 Plate Res V 2 Plateau Energy V 413 Plateau Energy* O 204 Platinex Inc 195 Platinum Gp Mt* X 543 86 Platinum Gp Mt T Plato Gold V 445 Playfair Mng V 197 Playfair Mng* O 100 PolyMet Mng* X 7509 PolyMet Mng T 208 Portage Res* O 1102 Portofino Res V 75 Potash Ridge* O 30 Potash Ridge T 1190 Power Group V 46 Power Group* O 1 Power Metals* O 247 Power Metals V 420 PowerOre V 292 PPX Mining* O 14 PPX Mining V 2832 Precipitate Gl* O 296 Precipitate Gl V 224 Premier Gold M T 2063 O 51 Premium Expl* Pretium Res* N 11098 Pretium Res T 2985 Primary Energy 68 Primary Energy* O 5 Prism Res V 501 Prize Mng* O 194 Prize Mng V 168 ProAm Expl V 25 Probe Metals* O 122 Probe Metals V 176 Prog Planet V 953 Prog Planet* O 1 Promithian Gl * O 0 T 1028 Prophecy Coal Prophecy Coal* O 1073 Prosper Gold V 270 Prospero Silvr V 88 Prospero Silvr* O 34 Provenance Gld 130 Providence V 421 Providence Gld* O 8 PUF Vent Inc * O 5003 Puma Expl V 600 Puma Expl* O 16 Pure Alumina* O 1 Pure Energy* O 300 Pure Energy V 368 694 Pure Gold Mg* O Pure Gold Mg V 1246 Pure Nickel V 308 Pure Nickel* O 0 Purepoint Uran V 1220 Q-Gold Res V 33 QC Precious V 269 78 QC Precious * O QMC Quantum Ml V 193 QMC Quantum Ml* O 173 QMX Gold* O 122 QMX Gold V 479 Quadro Res V 54 Quantum Cobalt 195 Quartz Mtn Res V 90 0 Quartz Mtn Res* O Quaterra Res V 377 Quaterra Res* O 242 Quest Rare Mnl* O 369 Quinto Res V 138

0.45 0.43 0.44 + 0.01 0.50 0.25 1.90 1.42 1.90 + 0.34 2.65 1.06 1.18 1.05 1.12 - 0.04 2.07 0.80 0.02 0.01 0.01 unch 0.00 0.05 0.01 0.03 0.02 0.02 - 0.00 0.07 0.02 0.05 0.00 0.04 - 0.01 0.10 0.03 0.26 0.25 0.25 - 0.02 1.06 0.26 0.04 0.03 0.04 + 0.00 0.10 0.02 0.04 0.04 0.04 unch 0.00 0.08 0.04 0.05 0.01 0.05 + 0.02 0.07 0.04 0.19 0.19 0.19 unch 0.00 0.32 0.17 0.25 0.24 0.25 unch 0.00 0.45 0.22 0.22 0.20 0.20 unch 0.00 0.28 0.18 0.07 0.04 0.06 + 0.02 0.12 0.03 0.04 0.00 0.04 + 0.01 0.05 0.02 0.08 0.08 0.08 - 0.03 0.19 0.07 43.35 0.00 41.00 - 2.97 48.00 29.00 0.25 0.21 0.21 unch 0.00 0.36 0.15 0.04 0.03 0.04 + 0.01 0.05 0.02 0.00 0.00 0.04 unch 0.00 0.10 0.03 0.63 0.53 0.56 - 0.01 1.69 0.53 0.45 0.39 0.42 - 0.01 1.27 0.39 0.05 0.04 0.04 unch 0.00 0.16 0.03 2.00 1.87 1.95 - 0.02 2.84 0.83 2.76 2.50 2.61 + 0.01 3.60 1.15 0.02 0.01 0.02 - 0.01 0.06 0.01 0.05 0.04 0.05 + 0.01 0.09 0.02 0.02 0.02 0.02 + 0.00 0.06 0.01 0.70 0.57 0.58 - 0.10 1.25 0.57 0.90 0.76 0.78 - 0.12 1.60 0.77 0.00 0.00 0.00 - 0.00 0.02 0.00 0.09 0.09 0.09 unch 0.00 0.42 0.06 0.05 0.03 0.05 + 0.00 0.09 0.02 0.06 0.05 0.06 + 0.01 0.11 0.03 0.15 0.00 0.15 + 0.05 2.20 0.10 0.09 0.09 0.09 - 0.00 0.18 0.01 0.10 0.09 0.10 - 0.01 0.55 0.09 0.14 0.12 0.13 - 0.01 0.68 0.12 0.09 0.08 0.09 - 0.01 0.45 0.05 0.05 0.05 0.05 unch 0.00 0.08 0.03 0.08 0.07 0.07 - 0.01 0.11 0.05 0.10 0.08 0.09 - 0.01 0.12 0.03 0.13 0.12 0.12 unch 0.00 0.15 0.04 1.70 1.52 1.59 + 0.03 3.07 1.39 0.00 0.00 0.00 unch 0.00 0.02 0.00 8.89 7.97 8.65 + 0.09 9.84 6.53 11.90 10.63 11.59 + 0.17 12.87 8.33 0.12 0.11 0.11 - 0.01 1.50 0.10 0.08 0.08 0.08 unch 0.00 0.08 0.08 0.03 0.03 0.03 unch 0.00 0.08 0.03 0.03 0.02 0.02 - 0.00 0.20 0.02 0.03 0.00 0.03 unch 0.00 0.27 0.03 0.03 0.03 0.03 unch 0.00 0.04 0.02 0.74 0.69 0.74 + 0.01 1.12 0.68 1.03 0.93 1.00 + 0.02 1.49 0.91 0.05 0.05 0.05 - 0.01 0.10 0.03 0.02 0.02 0.02 unch 0.00 0.07 0.02 0.00 0.00 0.06 unch 0.00 0.10 0.01 0.27 0.20 0.25 + 0.05 0.74 0.11 0.23 0.15 0.19 + 0.04 2.75 0.09 0.08 0.07 0.08 - 0.01 0.18 0.06 0.09 0.07 0.09 + 0.02 0.15 0.05 0.06 0.05 0.06 - 0.00 0.11 0.04 0.23 0.16 0.16 - 0.01 0.39 0.10 0.11 0.09 0.09 - 0.01 0.19 0.09 0.08 0.08 0.08 unch 0.00 0.15 0.08 0.56 0.42 0.44 - 0.06 0.64 0.06 0.04 0.03 0.03 - 0.01 0.08 0.03 0.02 0.02 0.02 unch 0.00 0.06 0.02 0.02 0.02 0.02 unch 0.00 0.08 0.02 0.07 0.05 0.06 - 0.00 0.25 0.03 0.09 0.08 0.08 unch 0.00 0.31 0.05 0.43 0.39 0.41 - 0.01 0.62 0.38 0.57 0.51 0.55 - 0.01 0.81 0.50 0.02 0.01 0.02 + 0.01 0.04 0.01 0.01 0.01 0.01 unch 0.00 0.03 0.00 0.09 0.08 0.09 + 0.01 0.11 0.06 0.27 0.26 0.27 + 0.04 0.27 0.10 0.30 0.26 0.27 - 0.04 0.50 0.25 0.23 0.19 0.20 - 0.03 0.33 0.19 0.28 0.24 0.27 + 0.02 0.65 0.16 0.21 0.18 0.20 + 0.01 0.51 0.12 0.05 0.04 0.04 + 0.00 0.15 0.03 0.06 0.05 0.05 - 0.01 0.18 0.05 0.03 0.03 0.03 unch 0.00 0.08 0.03 0.06 0.04 0.06 + 0.01 0.44 0.04 0.31 0.31 0.31 unch 0.00 0.80 0.27 0.00 0.00 0.23 unch 0.00 0.70 0.22 0.10 0.08 0.10 + 0.01 0.13 0.05 0.08 0.06 0.07 + 0.01 0.10 0.04 0.00 0.00 0.00 unch 0.00 0.01 0.00 0.05 0.04 0.05 unch 0.00 0.14 0.02

Rackla Mtls* O 1 Rackla Mtls V 2 Radisson Mng V 86 Radius Gold V 183 Rainforest Res* O 8 Rainy Mtn Royl* O 16 129 Rainy Mtn Royl V Rambler Metals* O 26 O 2057 Rare Element* Rathdowney Res V 50 Ravencrest Res 773 Razore Rock Res 34 Red Eagle Mng* O 1 161 Red Moon Res V Red Pine Expl V 188 Redstar Gold V 262 Redstar Gold* O 180 Regulus Res V 328 O 71 Renaissance Gd* Renaissance Gd V 35 Renforth Res 785 Resolve Vent V 171 Resource Cap* O 10 Reunion Gold V 1293 Revelo Res V 1068 219 Revival Gold * O Revival Gold V 318 Rhyolite Res V 30 Richmond Mnls V 1046 Ridgestone M’g V 101 Rift Valley 324 Riley Resource V 25 O 246190 Rimrock Gold* Rio Silver V 138 Rio Silver* O 0 Rio Tinto* O 2 Rio Tinto* N 12719 Rio Tinto* O 1 Rio2 Limited* O 13 Rio2 Limited V 310 Rise Gold Corp 1366 Rise Gold Corp* O 331 Riverside Res V 98 Riverside Res* O 257 Rizal Res V 6 RJK Explor V 543 RJK Explor* O 148 Robex Res V 136 Rochester Res V 3 Rock Tech Lith V 11 0 Rock Tech Lith* O Rockex Mng 305 Rockhaven Res V 132 Rockridge Res V 925 Rockshield Cap* O 155 Rockshield Cap 396 Rockwealth Res V 19 Rodinia Lithm V 36 Rogue Res* O 20 Rogue Res V 16 Rojo Res V 175 Rokmaster Res V 100 Romios Gold Rs V 99 Romios Gold Rs* O 27 RosCan Gold* O 18 RosCan Gold V 1753 Rosita Mg Corp* O 500 Rosita Mg Corp V 1304 Rotation Mnls V 559 Roughrider Exp V 50 Rover Metals V 532 Rover Metals* O 4 Roxgold T 2641 Roxgold* O 177 Royal Gold* D 1675 Royal Mines &M* O 250 Royal Nickel T 8035 Royal Nickel* O 631 Royal Rd Mnrls V 211 Royal Std Mnrl* O 0

0.06 0.00 0.06 unch 0.00 0.11 0.05 0.00 0.00 0.08 unch 0.00 0.15 0.06 0.12 0.11 0.11 - 0.01 0.16 0.09 0.10 0.10 0.10 unch 0.00 0.19 0.09 4.90 0.00 4.75 + 0.25 9.20 3.50 0.01 0.01 0.01 + 0.00 0.03 0.01 0.02 0.02 0.02 unch 0.00 0.04 0.02 0.02 0.00 0.02 unch 0.00 0.07 0.01 0.27 0.11 0.13 - 0.09 0.27 0.03 0.11 0.11 0.11 unch 0.00 0.17 0.04 0.64 0.54 0.63 + 0.06 1.35 0.38 0.09 0.09 0.09 unch 0.00 0.27 0.06 0.00 0.00 0.00 unch 0.00 0.22 0.00 0.09 0.00 0.07 unch 0.00 0.16 0.01 0.06 0.05 0.05 unch 0.00 0.10 0.04 0.03 0.03 0.03 unch 0.00 0.05 0.02 0.03 0.02 0.03 unch 0.00 0.04 0.01 1.76 1.35 1.57 - 0.18 2.30 1.25 0.14 0.14 0.14 + 0.00 0.19 0.11 0.19 0.19 0.19 + 0.01 0.25 0.15 0.05 0.04 0.05 unch 0.00 0.06 0.02 0.10 0.10 0.10 unch 0.00 0.18 0.07 0.01 0.01 0.01 unch 0.00 0.07 0.00 0.19 0.17 0.19 + 0.01 0.23 0.11 0.02 0.02 0.02 unch 0.00 0.05 0.01 0.55 0.48 0.50 - 0.03 0.73 0.42 0.74 0.64 0.66 - 0.06 0.99 0.54 0.26 0.22 0.23 - 0.04 0.26 0.15 0.03 0.02 0.02 - 0.01 0.06 0.02 0.22 0.18 0.22 + 0.04 0.32 0.18 0.09 0.00 0.08 - 0.01 0.11 0.05 0.19 0.19 0.19 unch 0.00 0.41 0.10 0.00 0.00 0.00 - 0.00 0.00 0.00 0.04 0.03 0.03 - 0.01 0.06 0.03 0.02 0.02 0.02 unch 0.00 0.02 0.02 60.20 57.75 59.85 + 2.10 60.20 43.47 61.71 59.81 61.07 + 2.22 61.71 44.62 68.74 0.00 68.74 + 3.88 69.98 50.48 0.32 0.32 0.32 - 0.02 0.81 0.25 0.44 0.39 0.41 - 0.03 1.15 0.37 0.10 0.09 0.10 + 0.01 0.15 0.05 0.09 0.07 0.07 - 0.00 0.12 0.04 0.16 0.15 0.16 unch 0.00 0.33 0.13 0.12 0.12 0.12 + 0.00 0.42 0.10 0.00 0.00 0.03 unch 0.00 0.05 0.01 0.11 0.09 0.10 - 0.02 0.23 0.04 0.09 0.08 0.08 - 0.01 0.13 0.00 0.09 0.08 0.08 unch 0.00 0.12 0.07 0.05 0.00 0.05 + 0.01 0.08 0.03 0.89 0.82 0.82 + 0.01 1.59 0.76 0.00 0.00 0.68 unch 0.00 1.19 0.64 0.04 0.02 0.04 + 0.01 0.10 0.01 0.16 0.14 0.14 - 0.01 0.19 0.09 0.28 0.24 0.27 + 0.03 0.35 0.20 0.08 0.07 0.07 + 0.01 0.30 0.06 0.11 0.10 0.10 - 0.01 0.38 0.09 0.15 0.15 0.15 unch 0.00 0.22 0.11 0.05 0.00 0.05 + 0.01 0.28 0.05 0.06 0.00 0.06 unch 0.00 0.23 0.04 0.07 0.00 0.07 unch 0.00 0.29 0.06 0.19 0.18 0.18 + 0.02 0.30 0.10 0.04 0.04 0.04 unch 0.00 0.16 0.04 0.06 0.05 0.05 unch 0.00 0.09 0.04 0.05 0.03 0.04 - 0.01 0.07 0.02 0.20 0.18 0.18 - 0.05 0.23 0.13 0.28 0.24 0.26 - 0.03 0.33 0.05 0.03 0.03 0.03 unch 0.00 0.05 0.01 0.04 0.04 0.04 unch 0.00 0.08 0.03 0.19 0.17 0.17 + 0.01 0.22 0.07 0.08 0.08 0.08 unch 0.00 0.25 0.07 0.07 0.06 0.07 - 0.01 0.11 0.03 2.01 0.06 0.06 + 0.02 2.01 0.04 0.91 0.86 0.89 - 0.03 1.35 0.72 0.69 0.64 0.66 - 0.01 1.02 0.55 93.08 90.47 92.98 + 2.05 98.53 70.16 0.00 0.00 0.00 unch 0.00 0.01 0.00 0.51 0.47 0.50 - 0.02 1.18 0.07 0.38 0.35 0.37 - 0.00 0.90 0.05 0.16 0.14 0.14 - 0.01 0.16 0.06 0.30 0.00 0.30 unch 0.00 3.14 0.01

R

(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

RT Minerals V 86 RTG Mining T 93 O 52 Rubicon Mnrls* T 37 Rubicon Mnrls Rugby Mng V 78 2 Running Fox Rs* O 72 Running Fox Rs V Rupert Res V 102 Rusoro Mng* O 40 Rusoro Mng V 2015

0.05 unch 0.00 0.35 0.07 0.07 0.07 0.09 0.10 0.09 0.09 - 0.01 0.20 0.70 0.95 0.70 0.85 - 0.05 1.26 0.95 1.20 0.95 1.11 - 0.09 1.73 0.14 0.26 0.20 0.26 + 0.05 0.42 0.01 0.01 0.01 unch 0.00 0.02 0.01 0.02 0.02 0.02 unch 0.00 0.03 0.01 0.75 0.85 0.77 0.85 + 0.04 1.29 0.04 0.09 0.08 0.08 + 0.00 0.32 0.06 0.12 0.09 0.09 - 0.03 0.42

T 1268 Sabina Gd&Slvr O 440 Sabina Gd&Slvr* Sable Res* O 3 Sable Res V 503 Sage Gold* O 255 Sailfish Rylty V 62 Saint Jean* O 13 Saint Jean V 1131 Salazar Res* O 38 Salazar Res V 310 8 Salt Lake Pot* O Sama Res V 2215 Sama Res* O 416 Samco Gold V 73 Samex Mng* O 63 2 San Gold Corp* O 309 San Marco Res* O 338 San Marco Res V V 657 Sanatana Diam Sandfire Res V 84 Sandfire Res* O 210 O 186 Sandspring Res* V 248 Sandspring Res T 2270 Sandstorm Gold X 6775 Sandstorm Gold* 72 Sandy Lake Gld* O 711 Sandy Lake Gld V 377 Santa Fe Gold* O Santacruz Silv V 81 Sarama Res V 657 Sarissa Res* O 3023 Satori Res V 110 Satori Res* O 100 Saturn Mnrls V 5954 Savary Gold V 746 Savary Gold* O 50 Saville Res V 495 337 Scandium Intl T O 208 Scandium Intl* Scorpio Gold V 2706 Scotch Creek 55 ScoZinc Mg V 80 ScoZinc Mg* O 111 Seabridge Gld T 638 Seabridge Gld* N 3684 Search Mnls V 268 Search Mnls* O 50 Searchlight* O 13 O 211 SearchlightMin* V 368 SearchlightRes Secova Mtls V 794 Secova Mtls* O 41 Sego Res V 305 Select Sands V 632 T 2376 Semafo O 0 Sennen Potash* Serabi Gold* O 0 Serabi Gold T 6 Serengeti Res V 165 Shamrock Ent 222 O 5 Shear Diamonds* Sherritt Intl T 3493 V 2 Shoshoni Gold 20677 N Sibanye-Stillw* O 19 Sibanye-Stillw* O 710 Sidney Resrces* Sienna Res* O 158 Sienna Res V 1800 4 Sierra Madre D V Sierra Metals T 60 Sierra Metals* X 108 V 101 Sigma Lithium O 408 Signature Res* Signature Res V 364 51 Silver Bear Rs* O 103 Silver Bear Rs T 672 Silver Bull Re* O 361 Silver Bull Re T 0 Silver Fields* O Silver Grail V 146 Silver Hill* O 1 194 Silver Mtn Mns* O Silver Mtn Mns V 1668 O 50 Silver Predatr* Silver Predatr V 50 Silver Range V 75 Silver Scott* O 25 Silver Spruce* O 28 Silver Spruce V 1473 Silver Viper V 205 T 1014 Silvercorp Met X 1703 Silvercorp Met* SilverCrest* X 266 SilverCrest V 420 O 60 Silverore Mns* O 8 Silverstar Res* Sirios Res* O 24 Sirios Res V 429 Sitka Gold 118 Sixty North* O 16 Sixty North 23 Skeena Res* O 167 Skeena Res V 904 V 839 Skyharbour Res O 189 Skyharbour Res* Slam Explor* O 1 Slam Explor V 22 633 Slave Lake Zn V 338 Sojourn Explor O 75 Sojourn Explor* Sokoman Min V 2595 O 115 Sokoman Min* SolGold plc T 54 SolGold plc* O 28 X 212 Solitario Ex&R* Solitario Ex&R T 81 Solstice Gold V 164 2 Sonora Gld & S V Sonoro Mtls* O 236 Sonoro Mtls V 251 South32* O 18 Southern Arc* O 3 Southern Arc V 8 N 3696 Southern Copp* O 103 Southern Silvr* Southern Silvr V 54 45 Spanish Mtn Gd* O 181 Spanish Mtn Gd V Sparton Res V 204 Sparton Res* O 87 O 206 Spearmint Res* Spearmint Res 2176 Spey Resources 155 Sphinx Res V 308 99 Sprott Res Hld T 241 Spruce Ridge R V SRG Graphite V 483 SSR Mining* D 4890 SSR Mining T 1447 St Augustine T 425 St-Georges Eco 2108 O 32 St-Georges Eco* V 9 Stakeholdr Gld O 23 Stakeholdr Gld* O 2995 Standard Graph* Standard Lith V 803 O 132 Standard Metal* Stans Energy V 1838 Stans Energy* O 407 O 113 Star Diamond* Star Diamond T 826 Star Gold* O 60 O 300 Star Mountain* Starcore Intl T 257 10 Starr Peak Exp V O 0 Steele Oceanic* Stellar Africa V 220 Stelmine Can V 113 Steppe Gold T 124 Sterling Grp* O 3 12557 T Stornoway Diam O 167 Stornoway Diam*

1.11 1.25 1.15 1.15 - 0.11 1.82 0.85 0.93 0.86 0.87 - 0.06 1.48 0.10 0.11 0.11 0.11 + 0.01 0.28 0.13 0.16 0.14 0.14 - 0.02 0.37 0.00 0.00 0.00 0.00 - 0.00 0.08 0.70 1.36 1.25 1.28 - 0.02 2.00 0.01 0.03 0.02 0.03 + 0.01 0.04 0.02 unch 0.00 0.14 0.04 0.04 0.04 0.07 0.12 0.11 0.12 + 0.01 0.12 0.10 0.16 0.14 0.16 + 0.02 0.17 0.43 0.42 0.43 + 0.01 0.47 0.31 0.22 0.37 0.25 0.35 + 0.10 0.47 0.17 0.27 0.18 0.27 + 0.08 0.37 0.02 0.05 0.05 0.05 + 0.01 0.08 0.00 0.00 0.00 0.00 - 0.00 0.00 0.00 0.00 0.00 unch 0.00 0.01 0.00 0.06 0.03 0.04 - 0.02 0.20 0.03 0.06 0.05 0.05 - 0.02 0.25 0.05 0.02 unch 0.00 0.06 0.05 0.05 0.05 0.06 unch 0.00 0.11 0.09 0.08 0.09 0.05 0.07 0.06 0.06 - 0.00 0.10 0.13 0.19 0.17 0.17 - 0.01 0.28 0.17 unch 0.00 0.35 0.24 0.23 0.23 4.60 7.49 6.97 7.47 + 0.18 7.84 3.48 5.60 5.22 5.57 + 0.09 5.89 0.09 0.08 0.09 + 0.01 0.10 0.03 0.14 0.11 0.14 + 0.02 0.14 0.04 0.09 0.05 0.07 + 0.01 0.14 0.04 0.05 0.06 0.06 0.06 + 0.01 0.16 0.05 0.09 0.07 0.09 + 0.01 0.13 0.00 0.00 0.00 0.00 - 0.00 0.00 0.04 0.09 0.00 0.09 + 0.02 0.11 0.03 unch 0.00 0.08 0.05 0.05 0.05 0.11 0.14 0.11 0.12 - 0.03 0.30 0.04 0.13 0.12 0.12 - 0.01 0.13 0.02 unch 0.00 0.10 0.09 0.09 0.09 0.04 0.06 0.05 0.05 - 0.01 0.11 0.16 0.15 0.16 unch 0.00 0.32 0.13 0.11 0.13 0.11 0.12 + 0.00 0.24 0.01 0.08 0.06 0.08 + 0.01 0.08 0.10 unch 0.00 0.13 0.10 0.10 0.10 0.39 0.50 0.00 0.45 - 0.10 1.35 0.30 unch 0.00 0.97 0.33 0.00 0.33 12.89 16.63 14.84 15.42 - 1.19 20.10 10.20 12.47 11.10 11.53 - 0.86 15.30 0.03 unch 0.00 0.09 0.05 0.04 0.04 0.03 unch 0.00 0.07 0.04 0.04 0.04 0.01 0.03 0.02 0.03 + 0.00 0.16 0.01 0.05 0.04 0.04 - 0.00 0.05 0.02 unch 0.00 0.23 0.04 0.04 0.04 0.02 0.05 0.04 0.05 + 0.01 0.20 0.01 0.04 0.03 0.03 - 0.00 0.10 0.03 0.04 0.00 0.04 - 0.01 0.07 0.07 0.14 0.10 0.13 + 0.03 0.51 2.24 3.87 3.59 3.83 + 0.12 4.14 0.33 unch 0.00 0.39 0.00 0.00 0.33 0.04 unch 0.00 0.82 0.00 0.00 0.65 0.49 0.74 0.69 0.69 - 0.05 1.40 0.12 0.26 0.23 0.23 - 0.03 0.60 0.02 0.04 0.03 0.03 - 0.01 0.07 0.00 unch 0.00 0.00 0.00 0.00 0.00 0.37 unch 0.00 1.32 0.46 0.41 0.42 0.03 unch 0.00 0.08 0.00 0.00 0.04 2.02 4.65 4.19 4.60 + 0.47 4.85 0.53 1.17 1.11 1.11 - 0.04 1.27 0.00 unch 0.00 0.01 0.00 0.00 0.00 0.03 0.01 0.18 0.04 + 0.04 0.03 0.04 0.07 0.04 0.07 + 0.02 0.22 0.07 0.07 0.07 unch 0.00 0.15 0.07 2.02 2.20 2.03 2.03 - 0.13 3.85 1.51 1.66 1.51 1.52 - 0.11 2.90 1.20 1.70 1.59 1.70 + 0.02 2.40 0.05 0.06 0.05 0.05 - 0.01 0.11 0.05 unch 0.00 0.14 0.08 0.07 0.07 0.10 0.10 0.10 - 0.00 0.20 0.09 0.13 0.13 0.13 unch 0.00 0.26 0.11 0.10 0.09 0.09 - 0.00 0.19 0.09 0.13 0.12 0.12 - 0.01 0.24 0.11 0.00 0.00 0.00 unch 0.00 0.03 0.05 0.04 0.05 + 0.01 0.10 0.08 unch 0.00 0.25 0.12 0.12 0.12 0.02 0.00 0.02 unch 0.00 0.02 0.01 0.02 0.01 0.01 - 0.01 0.03 0.01 0.04 0.06 0.06 0.06 + 0.01 0.08 0.07 0.07 0.07 0.07 + 0.01 0.13 0.08 0.11 0.10 0.11 + 0.01 0.18 0.01 unch 0.00 0.10 0.03 0.00 0.03 0.01 0.05 0.04 0.05 + 0.01 0.05 0.02 0.06 0.04 0.06 + 0.01 0.06 0.07 0.21 0.18 0.21 + 0.03 0.24 2.43 3.43 3.17 3.39 - 0.04 4.02 1.83 2.58 2.36 2.54 - 0.01 3.12 1.58 3.47 3.06 3.42 + 0.14 3.89 2.03 4.69 4.10 4.53 + 0.15 5.02 0.02 unch 0.00 0.03 0.03 0.02 0.02 0.01 0.04 0.00 0.04 + 0.00 0.18 0.09 0.18 0.00 0.18 + 0.00 0.22 0.12 0.24 0.22 0.23 - 0.01 0.28 0.04 unch 0.00 0.30 0.11 0.10 0.11 0.04 unch 0.00 0.16 0.05 0.05 0.05 0.04 0.08 0.06 0.08 + 0.02 0.24 0.19 0.35 0.30 0.31 - 0.00 0.52 0.27 0.47 0.39 0.42 - 0.03 0.70 0.33 0.44 0.36 0.42 + 0.08 0.57 0.25 0.32 0.27 0.32 + 0.06 0.44 0.01 unch 0.00 0.04 0.01 0.01 0.01 0.02 0.03 0.00 0.03 + 0.01 0.05 0.07 0.06 0.07 unch 0.00 0.13 0.06 0.07 0.10 0.09 0.09 - 0.01 0.20 0.06 unch 0.00 0.12 0.08 0.08 0.08 0.03 0.16 0.15 0.16 + 0.01 0.58 0.00 0.12 0.11 0.12 + 0.01 0.45 0.32 0.69 0.62 0.65 - 0.03 0.76 0.27 0.53 0.47 0.50 - 0.00 0.58 0.19 0.45 0.40 0.40 - 0.02 0.54 0.26 0.56 0.52 0.53 - 0.03 0.64 0.11 0.18 0.15 0.18 + 0.03 0.38 0.00 0.00 0.07 unch 0.00 0.12 0.05 0.07 0.14 0.14 0.14 - 0.00 0.16 0.07 0.19 0.18 0.19 - 0.01 0.20 2.16 2.79 0.00 2.73 + 0.16 3.10 0.20 0.35 0.33 0.33 - 0.02 0.47 0.27 0.46 0.46 0.46 - 0.02 0.62 29.01 41.17 39.22 41.03 + 1.35 58.09 0.08 0.13 0.12 0.12 - 0.00 0.23 0.11 0.18 0.00 0.17 - 0.02 0.29 0.06 0.04 0.05 + 0.00 0.10 0.03 0.07 0.06 0.07 - 0.01 0.12 0.05 0.04 unch 0.00 0.12 0.06 0.05 0.05 0.03 0.03 0.03 0.03 + 0.00 0.09 0.00 0.05 0.01 0.02 + 0.00 0.08 0.02 unch 0.00 0.08 0.03 0.03 0.03 0.07 unch 0.00 0.16 0.08 0.07 0.08 0.03 0.05 0.05 0.05 + 0.01 0.08 1.52 1.42 1.42 - 0.05 2.70 0.98 0.06 0.05 0.06 unch 0.00 0.13 0.02 0.64 1.15 0.93 1.04 + 0.13 1.78 12.67 11.76 12.10 - 0.56 15.17 8.11 10.71 16.90 15.70 16.19 - 0.70 20.00 0.02 unch 0.00 0.03 0.03 0.02 0.02 0.04 0.20 0.15 0.18 + 0.01 0.50 0.03 0.14 0.12 0.14 + 0.01 0.38 0.03 0.05 0.05 0.05 + 0.01 0.28 0.02 unch 0.00 0.22 0.02 0.02 0.02 0.29 0.53 0.45 0.48 - 0.01 1.13 0.79 0.99 0.83 0.95 + 0.11 1.84 0.02 0.08 0.04 0.08 + 0.03 0.23 0.02 0.06 0.04 0.06 + 0.02 0.06 0.01 0.05 0.03 0.05 + 0.01 0.05 0.12 0.21 0.19 0.19 + 0.01 0.29 0.17 0.28 0.26 0.26 - 0.01 0.38 0.02 unch 0.00 0.30 0.04 0.04 0.04 0.01 unch 0.00 0.03 0.02 0.02 0.02 0.08 0.10 0.08 0.09 - 0.01 0.24 0.09 0.09 0.09 unch 0.00 0.18 0.09 0.55 unch 0.00 0.96 0.00 0.00 0.55 0.01 unch 0.00 0.06 0.02 0.02 0.02 0.09 unch 0.00 0.26 0.13 0.12 0.12 0.60 0.77 0.71 0.75 - 0.03 2.01 0.01 unch 0.00 0.10 0.01 0.01 0.01 0.09 0.11 0.09 0.11 + 0.01 0.59 0.07 0.11 0.07 0.08 + 0.00 0.47

S

2019-04-08 12:31 PM


GLOBAL MINING NEWS

(100s) Stock

THE NORTHERN MINER / APRIL 15–28, 2019

Week

12-month

Exc Volume High Low Last Change High Low

Stratabd Mnr V 715 Strateco Res* O 49 Strategic Metl* O 67 Strategic Metl V 26 Strategic Res V 4 Strategic Res* O 0 Stria Lithium V 307 Strikepoint Gd V 458 Strikepoint Gd* O 149 V 766 Strongbow Expl Strongbow Expl* O 500 Stroud Res V 709 Sulliden Mng T 349 Sun Metals V 1002 Suncor Energy T 13155 Suncor Energy* N 11889 O 3 Sunvest Mnrls* Sunvest Mnrls V 560 Superior Gold* O 40 Superior Gold V 879 Supreme Metal* O 18 Supreme Metals 40 Surge Copper * O 40 Surge Copper V 151 Surge Explor* O 16 Surge Explor V 214 Sutter Gold* O 13 Sutter Gold V 225 Syrah Res* O 278

0.02 0.02 0.02 unch 0.00 0.07 0.02 0.00 0.00 0.00 + 0.00 0.01 0.00 0.27 0.24 0.26 - 0.00 0.37 0.22 0.35 0.00 0.34 - 0.01 0.48 0.31 0.23 0.23 0.23 unch 0.00 0.39 0.16 0.00 0.00 0.22 unch 0.00 0.22 0.12 0.03 0.02 0.03 unch 0.00 0.05 0.02 0.16 0.14 0.14 + 0.01 0.29 0.11 0.12 0.10 0.11 + 0.01 0.23 0.08 0.11 0.10 0.11 - 0.01 0.28 0.10 0.08 0.08 0.08 unch 0.00 0.22 0.07 0.02 0.02 0.02 unch 0.00 0.02 0.01 0.09 0.08 0.08 - 0.01 0.42 0.08 0.54 0.47 0.50 + 0.03 0.62 0.12 44.58 43.11 44.50 + 1.19 55.47 35.53 33.39 32.25 33.24 + 0.81 42.55 25.81 0.02 0.02 0.02 - 0.01 0.09 0.02 0.04 0.04 0.04 + 0.01 0.10 0.03 0.43 0.39 0.39 - 0.02 1.28 0.41 0.63 0.49 0.51 - 0.01 1.62 0.51 0.02 0.02 0.02 unch 0.00 0.03 0.02 0.02 0.00 0.02 unch 0.00 0.06 0.02 0.05 0.04 0.04 - 0.01 0.12 0.04 0.07 0.05 0.06 unch 0.00 0.17 0.04 0.02 0.02 0.02 + 0.00 0.36 0.02 0.03 0.03 0.03 + 0.01 0.28 0.03 0.01 0.01 0.01 unch 0.00 0.02 0.01 0.02 0.02 0.02 unch 0.00 0.03 0.01 0.97 0.72 0.95 + 0.16 2.65 0.71

Taiga Gold 416 Taiga Gold* O 615 Tajiri Res V 21 Taku Gold* O 1 Taku Gold 130 Talmora Diamd 100 Talon Metals T 351 Tamerlane Vent* O 120 Tamino Mnrls* O 2125 V 10 Tanager Energy Tango Mining V 387 Tanqueray Expl V 726 Tantalex Res 224 Tanzania Rlty T 138 Tanzania Rlty* X 1473 Taranis Res V 130 Taranis Res* O 130 Tarku Res V 717 Tartisan Nick* O 243 Tartisan Nick 507 Taseko Mines* X 1829 Taseko Mines T 761 Tearlach Res V 106 Teck Res T 8453 Teck Res* N 20890 T 26 Teck Res 4 Telson Res * O Telson Res V 147 Tembo Gold V 52 Tembo Gold* O 117 Teranga Gold T 426 Teranga Gold* O 193 Teras Res* O 560 Teras Res V 418 Terraco Gold V 383 Terrax Mnrls* O 62 Terrax Mnrls V 67 Terreno Res V 282 Teslin Rvr Res V 2382 Tesoro Mnrls V 0 Tethyan Res V 877 Teuton Res V 38 Teuton Res* O 125 O 332 Texas Mineral* Themac Res V 5 Thor Expl V 66 Thunder Mtn Gd* O 7 V 224 Thunderstruck

0.09 0.00 0.09 + 0.02 0.21 0.07 0.07 0.05 0.06 + 0.01 0.16 0.05 0.05 0.05 0.05 unch 0.00 0.18 0.05 0.03 0.03 0.03 unch 0.00 0.12 0.02 0.07 0.05 0.07 unch 0.00 0.15 0.04 0.06 0.05 0.05 unch 0.00 0.06 0.01 0.12 0.00 0.12 + 0.02 0.12 0.06 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.00 0.00 0.00 + 0.00 0.00 0.00 0.06 0.00 0.05 - 0.01 0.14 0.03 0.02 0.02 0.02 unch 0.00 0.04 0.01 0.80 0.71 0.76 + 0.05 1.32 0.58 0.04 0.04 0.04 - 0.01 0.17 0.03 1.10 0.86 0.90 - 0.18 1.24 0.34 0.88 0.65 0.68 - 0.13 0.94 0.25 0.09 0.09 0.09 unch 0.00 0.12 0.05 0.07 0.07 0.07 unch 0.00 0.10 0.03 0.04 0.04 0.04 - 0.01 0.05 0.02 0.05 0.03 0.05 - 0.01 0.09 0.04 0.06 0.05 0.06 - 0.01 0.14 0.02 0.61 0.57 0.59 + 0.00 1.40 0.44 0.80 0.77 0.79 + 0.01 1.80 0.60 0.28 0.10 0.27 + 0.16 0.28 0.03 32.28 30.35 32.19 + 1.27 39.08 23.90 24.13 22.71 24.05 + 0.87 30.11 18.17 32.25 30.50 32.24 + 1.24 39.00 23.89 0.29 0.28 0.29 - 0.00 0.67 0.25 0.40 0.36 0.37 + 0.01 0.91 0.35 0.03 0.02 0.03 unch 0.00 0.04 0.01 0.02 0.01 0.01 - 0.00 0.03 0.01 3.85 3.56 3.77 - 0.08 5.63 3.18 2.88 2.71 2.85 - 0.05 4.33 2.40 0.05 0.04 0.05 + 0.00 0.08 0.03 0.07 0.05 0.07 + 0.02 0.12 0.04 0.09 0.08 0.08 - 0.01 0.11 0.06 0.29 0.26 0.27 - 0.02 0.39 0.25 0.39 0.36 0.37 + 0.01 0.50 0.33 0.05 0.04 0.05 + 0.01 0.05 0.02 0.57 0.48 0.50 - 0.06 0.60 0.33 0.00 0.00 0.05 unch 0.00 0.08 0.05 0.85 0.79 0.82 + 0.03 0.85 0.14 0.20 0.17 0.18 + 0.01 0.24 0.10 0.14 0.12 0.12 unch 0.00 0.18 0.07 0.21 0.18 0.20 + 0.01 0.35 0.10 0.06 0.06 0.06 unch 0.00 0.09 0.03 0.15 0.14 0.14 - 0.02 0.22 0.13 0.08 0.08 0.08 unch 0.00 0.21 0.04 0.08 0.07 0.07 unch 0.00 0.11 0.04

T

(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

Thunderstruck* O 125 0.06 0.06 0.06 unch 0.00 0.15 0.03 Till Capital V 0 0.00 0.00 2.15 unch 0.00 5.01 1.74 Timberline Res V 36 0.08 0.00 0.08 - 0.01 0.19 0.07 Timberline Res* O 64 0.06 0.00 0.06 unch 0.00 0.14 0.00 Tinka Res V 1025 0.37 0.35 0.35 unch 0.00 0.58 0.29 Tinka Res* O 229 0.28 0.26 0.27 + 0.00 0.45 0.21 Tisdale Res V 57 0.19 0.14 0.14 - 0.05 0.84 0.16 Titan Mining T 120 0.60 0.50 0.55 - 0.05 1.50 0.55 Titan Mining* O 28 0.47 0.45 0.45 - 0.02 1.05 0.45 Titanium Corp V 52 0.88 0.76 0.77 - 0.12 1.20 0.47 TMAC Resource* O 87 3.13 2.97 3.02 - 0.22 6.73 2.97 T 239 4.41 3.91 4.23 - 0.12 8.56 3.91 TMAC Resources TNR Gold V 96 0.04 0.03 0.03 unch 0.00 0.06 0.03 Toachi Mg Inc* O 10 0.05 0.05 0.05 unch 0.00 0.15 0.05 Toachi Mg Inc V 147 0.08 0.00 0.08 + 0.01 0.20 0.07 Tocvan Venture 100 0.10 0.10 0.10 unch 0.00 0.12 0.10 Tombstone Expl* O 1895 0.01 0.00 0.00 - 0.00 0.01 0.00 Tonogold Res* O 113 0.24 0.13 0.20 - 0.03 0.25 0.00 Torex Gold* O 60 12.65 11.50 11.71 - 0.94 13.52 5.74 Torex Gold T 1905 17.00 15.38 15.64 - 1.18 18.21 7.52 Torq Resources V 611 0.47 0.40 0.43 + 0.01 0.68 0.32 Torq Resources* O 1097 0.35 0.31 0.35 + 0.03 0.55 0.25 Tower Res* O 125 0.04 0.04 0.04 unch 0.00 0.12 0.01 0.02 Tower Res V 940 0.05 0.04 0.04 + 0.01 0.17 Transatlantic* O 67 0.03 0.03 0.03 - 0.02 0.10 0.02 Transatlantic V 2001 0.05 0.03 0.03 - 0.02 0.16 0.03 0.06 Transition Met V 201 0.12 0.10 0.10 - 0.01 0.18 T 69 0.30 0.28 0.29 - 0.02 0.54 0.21 Treasury Metal Treasury Metal* O 4 0.22 0.00 0.22 - 0.01 0.43 0.16 Trecora Res* N 312 9.48 8.99 9.20 + 0.11 15.60 6.69 Tres-Or Res V 161 0.03 0.00 0.03 unch 0.00 0.05 0.02 Trevali Mng* O 372 0.36 0.30 0.32 + 0.02 1.01 0.24 13391 0.49 0.41 0.45 + 0.05 1.31 0.32 Trevali Mng T Tri Origin Exp V 564 0.04 0.03 0.03 unch 0.00 0.04 0.01 unch 0.00 0.18 0.14 Trident Gold V 169 0.14 0.00 0.14 Trifecta Gold* O 1 0.04 0.04 0.04 unch 0.00 0.10 0.03 0.05 Trifecta Gold V 20 0.06 0.06 0.06 - 0.01 0.13 0.19 Trigen Res* O 1557 0.44 0.35 0.41 + 0.06 1.01 1.41 Trilogy Mtls T 71 3.35 3.20 3.35 + 0.03 3.48 1.12 Trilogy Mtls* X 376 2.51 2.40 2.51 + 0.05 2.55 TriMetals Mng* O 107 0.07 0.05 0.07 + 0.00 0.23 0.04 TriMetals Mng* O 40 0.04 0.04 0.04 + 0.00 0.16 0.02 0.03 TriMetals Mng T 541 0.07 0.06 0.06 + 0.01 0.20 Trinity Res* O 0 0.00 0.00 0.02 unch 0.00 0.20 0.01 unch 0.00 0.10 0.04 Trinity Valley V 762 0.10 0.09 0.09 Trio Resources* O 3049 0.00 0.00 0.00 - 0.00 0.01 0.00 0.07 TriStar Gold* O 57 0.09 0.09 0.09 - 0.01 0.20 TriStar Gold V 59 0.13 0.10 0.13 + 0.01 0.25 0.09 Triumph Gold V 46 0.39 0.36 0.38 + 0.01 0.80 0.30 O 90 0.30 0.27 0.29 + 0.01 0.60 0.22 Triumph Gold* Troilus Gold T 298 1.02 0.87 0.94 - 0.07 1.75 0.40 Troilus Gold* O 8 0.72 0.00 0.72 unch 0.00 1.14 0.45 V 930 0.13 0.10 0.11 - 0.01 0.25 0.08 Troubadour Res Troy Enrgy V 32 0.03 0.03 0.03 - 0.02 0.07 0.01 Troy Res* O 222 0.07 0.07 0.07 - 0.00 0.13 0.07 Troymet Expl V 1238 0.01 0.01 0.01 unch 0.00 0.02 0.01 1 0.14 0.00 0.14 + 0.01 1.50 0.10 True North Gem V unch 0.00 0.65 0.19 Tsodilo Res V 25 0.23 0.23 0.23 Tudor Gold V 79 0.38 0.00 0.33 - 0.07 0.46 0.20 10 0.32 0.32 0.32 unch 0.00 0.34 0.15 Tudor Gold * O Tundra Gold* O 1 150.00 150.00 150.00 unch 0.00 1000.00 150.00 Turquoise HIl T 5440 2.36 2.18 2.26 + 0.06 4.18 1.94 19948 1.77 1.63 1.69 + 0.03 3.23 1.43 Turquoise HIl* N TVI Pacific* O 23 0.00 0.00 0.00 + 0.00 0.02 0.00 0.01 TVI Pacific V 273 0.02 0.01 0.01 - 0.01 0.02 Tyhee Gold* O 650 0.00 0.00 0.00 unch 0.00 0.00 0.00 Typhoon Expl V 79 0.04 0.00 0.04 + 0.01 0.09 0.03

U-V U.S. Gold* D 223 U.S. Lithium* O 20 U3O8 Corp* O 35 U3O8 Corp T 400 Ubique Mineral 0 UC Res* O 184 Ucore Rare Mtl V 264 319 Ucore Rare Mtl* O UEX Corp T 3805 Ultra Lithium* O 23 Ultra Lithium V 62

0.95 0.88 0.93 + 0.03 1.69 0.74 0.32 0.25 0.26 - 0.03 1.10 0.09 0.12 0.10 0.12 - 0.00 0.35 0.10 0.17 0.00 0.16 + 0.01 0.50 0.13 0.00 0.00 0.17 unch 0.00 0.25 0.06 0.37 0.30 0.35 + 0.03 1.27 0.00 0.11 0.10 0.11 unch 0.00 0.25 0.09 0.09 0.07 0.08 - 0.01 0.20 0.07 0.18 0.15 0.17 + 0.02 0.35 0.14 0.07 0.06 0.07 + 0.01 0.21 0.05 0.09 0.09 0.09 - 0.01 0.30 0.08

(100s) Stock

Week

12-month

(100s)

Exc Volume High Low Last Change High Low

O 585 Umbral Enrgy* Unigold* O 1 V 126 Unigold United Battery 717 O 206 United Battery* 48 United Res Hdg* O 119 United States A* X United States S* N 40796 Unity Metals V 569 Unity Metals* O 3 Universal Cop V 1586 O 125 Universal Cop* Universal Vent V 1092 Ur-Energy* X 5868 Ur-Energy T 416 515 Uragold Bay Rs V X 8511 Uranium Energy* O 3 Uranium Hunter* Uranium Res* D 2284 Uravan Mnrls V 1289 V 232 UrbanGold Min USCorp* O 1747 Val-d’Or Mg* O 1 Val-d’Or Mg V 154 N 97902 Vale* Valley High Mg* O 2196 O 16 ValOre Metals* ValOre Metals V 20 Valterra Res* O 54 Valterra Res V 300 O 31 Vanadian Enrgy* V 48 Vanadian Enrgy V 497 Vanadium One O 111 Vanadiumcorp* V 244 Vanadiumcorp Vangold Res* O 0 65 Vanstar Mng Rs* O 332 Vanstar Mng Rs V Vantex Res V 10 Vela Minerals V 13 O 7 Velocity Mnrls* Velocity Mnrls V 85 Vendetta Mng V 540 O 49 Vendetta Mng* V 50 Venerable Vent O 3 Venture Mnrls* Verde Potash T 89 Verde Res* O 43 Veris Gold* O 42 Vertical Expl V 121 Victoria Gold V 1252 O 344 Victory Metals* V 548 Victory Metals O 23 Victory Nickel* Victory Nickel 397 Victory Res 1 O 76 Virginia Enrgy* Virginia Enrgy V 186 Viscount Mng V 151 106 Visible Gold M V O 9 Vision Lithium* Vision Lithium V 45 Vista Gold T 26 Vista Gold* X 590 Viva Gold* O 87 Viva Gold V 242 Volcanic Gold V 76 Volt Energy V 20 Voltaic Min V 316 O 35 Voyageur Min* Voyageur Min V 26 O 100 VR Resources* VR Resources V 142 Vulcan Mnrls V 448 VVC Expl V 230

0.11 0.54 0.45 0.48 - 0.02 0.54 0.07 unch 0.00 0.20 0.07 0.07 0.07 0.10 0.12 0.10 0.10 - 0.02 0.27 0.06 0.07 0.06 0.06 - 0.01 1.68 0.04 0.05 0.04 0.04 - 0.00 1.58 0.04 0.03 0.04 - 0.00 0.07 0.01 0.50 0.44 0.49 + 0.02 1.05 0.23 20.53 19.72 19.84 + 0.35 39.23 17.09 0.10 1.31 1.28 1.29 + 0.01 1.40 0.11 unch 0.00 0.96 0.96 0.96 0.96 0.06 0.12 0.10 0.12 + 0.01 0.26 0.02 unch 0.00 0.10 0.07 0.07 0.07 0.28 0.44 0.39 0.40 - 0.04 0.63 0.54 0.93 0.82 0.90 + 0.08 0.93 0.74 1.25 1.10 1.20 + 0.10 1.25 0.09 0.08 0.08 - 0.01 0.12 0.06 1.12 1.55 1.40 1.49 + 0.09 1.89 0.26 1.85 0.76 1.76 + 0.75 1.99 0.13 0.15 0.13 0.15 + 0.01 0.60 0.02 0.05 0.03 0.05 + 0.02 0.05 0.10 0.14 0.10 0.13 + 0.01 0.16 0.00 unch 0.00 0.02 0.00 0.00 0.00 0.06 0.07 0.06 0.07 + 0.01 0.09 0.08 0.10 0.00 0.10 + 0.02 0.14 10.89 13.78 13.29 13.39 + 0.33 16.13 0.01 0.01 0.01 - 0.00 0.01 0.00 0.00 unch 0.00 0.48 0.18 0.17 0.17 0.11 unch 0.00 0.90 0.24 0.00 0.23 0.01 0.02 0.02 0.02 - 0.00 0.03 0.02 0.03 0.03 0.03 + 0.01 0.04 0.01 0.04 0.00 0.04 + 0.00 0.13 0.05 0.05 0.00 0.05 - 0.01 0.18 0.05 0.14 0.12 0.12 - 0.01 0.29 0.01 0.07 0.05 0.07 + 0.01 0.15 0.06 0.09 0.08 0.09 + 0.01 0.14 0.01 unch 0.00 0.09 0.00 0.00 0.02 0.13 0.13 0.13 + 0.00 0.18 0.07 0.20 0.19 0.19 - 0.01 0.24 0.07 0.14 0.33 0.31 0.33 + 0.02 0.40 0.15 unch 0.00 0.30 0.17 0.17 0.17 0.09 0.21 0.20 0.20 - 0.01 0.23 0.13 0.29 0.27 0.28 + 0.01 0.30 0.10 0.11 0.10 0.11 - 0.01 0.26 0.07 0.08 0.07 0.08 - 0.01 0.20 0.08 unch 0.00 0.13 0.10 0.10 0.10 0.01 unch 0.00 0.04 0.02 0.01 0.01 0.53 0.72 0.66 0.71 + 0.06 1.25 0.00 0.10 0.03 0.05 + 0.00 0.05 0.00 unch 0.00 0.01 0.00 0.00 0.00 0.05 0.09 0.07 0.07 - 0.01 0.21 0.30 0.44 0.42 0.44 + 0.01 0.55 0.47 0.57 0.51 0.52 - 0.01 0.57 0.38 0.75 0.68 0.68 - 0.02 0.77 0.01 0.01 0.01 0.01 + 0.01 0.05 0.01 unch 0.00 0.07 0.03 0.02 0.02 0.02 unch 0.00 0.20 0.00 0.00 0.14 0.08 0.17 0.12 0.15 + 0.01 0.28 0.09 0.23 0.15 0.20 + 0.04 0.36 0.15 unch 0.00 0.36 0.20 0.00 0.20 0.11 0.09 0.10 + 0.01 0.11 0.04 0.06 0.13 0.08 0.08 - 0.01 0.42 0.08 0.13 0.11 0.11 - 0.02 0.53 0.56 0.97 0.00 0.92 + 0.02 1.24 0.37 unch 0.00 0.92 0.73 0.65 0.68 0.21 0.28 0.27 0.27 - 0.01 0.40 0.21 0.43 0.36 0.36 - 0.05 0.48 0.02 unch 0.00 0.23 0.04 0.00 0.04 0.03 unch 0.00 0.33 0.07 0.07 0.07 0.13 0.28 0.27 0.28 + 0.06 0.37 0.04 unch 0.00 0.10 0.07 0.07 0.07 0.05 unch 0.00 0.12 0.09 0.08 0.09 0.11 unch 0.00 0.35 0.12 0.12 0.12 0.14 0.19 0.15 0.19 + 0.03 0.43 0.03 0.04 0.04 0.04 - 0.01 0.07 0.02 0.03 0.03 0.03 - 0.01 0.05

W-Z 0.05 Walker Lane* O 7 0.35 0.20 0.35 + 0.03 0.40 0.03 Walker River* O 640 0.13 0.10 0.12 + 0.02 0.19 0.05 Walker River V 3854 0.17 0.13 0.17 + 0.03 0.27

Stock

Week

23

12-month

Exc Volume High Low Last Change High Low

Wallbridge Mng T 13596 Warrior Gold* O 136 Warrior Gold V 406 Waseco Res V 1056 Wealth Mnrls V 198 Wealth Mnrls* O 222 Wescan Gldflds V 15 Wesdome Gold* O 760 T 2651 Wesdome Gold West High Yld V 86 West Kirkland V 502 West Kirkland * O 136 85 West Red Lake* O West Red Lake 348 O 40 Western Areas* Western Atlas V 396 Western Copper T 118 X 227 Western Copper* Western Pac Rs V 13 Western Pac Rs* O 1 T 1312 Western Potash Western Res* O 2 Western U&V 331 Western U&V* O 489 Westgold Res* O 2 Westhaven Vent V 617 Westhaven Vent* O 95 Westkam Gold* O 352 Westkam Gold V 237 Westminster Rs V 405 O 313 Westmoreland* WestMountain* O 0 Wheaton Prec M* N 18527 Wheaton Prec M T 5662 White Gold* O 26 White Gold V 402 White Metal R* O 125 White Metal Rs V 153 White Mtn Engy* O 14719 Whitemud Res V 691 Wildsky Res* O 0 Winston Gold* O 179 Winston Gold 80 Winston Res 0 Winston Res* O 0 Wolfden Res* O 94 Wolfden Res V 744 Wolfeye Res V 348 Worldwide Res* O 15 Worldwide Res V 11 X-Terra Res V 633 Xanadu Mines T 501 Xiana Mng V 25 Xiana Mng* O 0 Ximen Mining* O 17 Ximen Mining V 651 Xtierra Inc V 35 Xtra-Gold Res* O 13 Xtra-Gold Res T 61 13262 Yamana Gold T Yamana Gold* N 56128 Yorbeau Res T 1023 0 You Han Data* O Zadar Ventures V 270 Zanzibar Gold 1366 Zara Res* O 3269 ZEN Graphene* O 58 ZEN Graphene V 294 Zena Mining V 195 Zephyr Mnls V 73 Zephyr Mnls* O 5 Zimtu Capital V 84 Zinc One Res V 189 Zinc One Res * O 64 ZincX Res V 329 ZincX Res* O 100 Zonte Metals V 99 Zonte Metals* O 15

0.43 0.32 0.40 + 0.06 0.43 0.06 0.08 0.05 0.06 - 0.02 0.13 0.03 0.10 0.08 0.09 + 0.01 0.18 0.04 0.04 0.03 0.04 + 0.01 0.05 0.02 0.48 0.45 0.45 unch 0.00 1.64 0.34 0.36 0.33 0.35 + 0.02 1.29 0.26 0.04 0.00 0.04 unch 0.00 0.09 0.01 3.68 3.05 3.45 + 0.27 4.25 1.42 4.73 4.07 4.63 + 0.41 5.46 1.84 0.35 0.35 0.35 unch 0.00 0.60 0.20 0.06 0.05 0.05 - 0.01 0.09 0.04 0.04 0.03 0.04 - 0.01 0.07 0.03 0.08 0.07 0.07 - 0.01 0.09 0.03 0.11 0.10 0.10 + 0.01 0.12 0.05 1.65 1.46 1.61 + 0.15 2.82 1.27 0.09 0.06 0.07 - 0.01 0.20 0.05 0.86 0.73 0.75 - 0.01 1.30 0.52 0.60 0.56 0.56 - 0.00 1.01 0.35 0.48 0.00 0.48 + 0.07 1.08 0.32 0.30 0.30 0.30 - 0.00 0.62 0.01 0.17 0.13 0.13 - 0.05 0.45 0.13 0.11 0.09 0.09 - 0.03 0.32 0.09 1.55 1.08 1.38 + 0.25 3.32 0.49 1.15 0.84 1.04 + 0.19 2.70 0.70 0.92 0.92 0.92 unch 0.00 1.25 0.60 1.08 0.86 0.94 - 0.14 1.43 0.13 0.81 0.66 0.69 - 0.13 1.03 0.10 0.00 0.00 0.00 + 0.00 0.03 0.00 0.01 0.00 0.01 - 0.01 0.03 0.01 0.05 0.04 0.05 + 0.01 0.15 0.03 0.02 0.01 0.01 - 0.01 0.39 0.01 0.00 0.00 3.00 unch 0.00 3.30 3.00 24.13 23.08 23.44 - 0.38 25.24 15.08 32.19 30.84 31.40 - 0.41 33.85 19.87 0.98 0.91 0.96 + 0.01 1.44 0.46 1.30 1.20 1.29 + 0.01 2.00 0.54 0.03 0.03 0.03 + 0.01 0.19 0.02 0.05 0.04 0.05 unch 0.00 0.25 0.04 0.02 0.00 0.00 - 0.00 0.02 0.00 0.01 0.01 0.01 unch 0.00 0.05 0.01 0.00 0.00 0.05 unch 0.00 0.77 0.05 0.04 0.02 0.02 - 0.00 0.09 0.02 0.04 0.00 0.04 - 0.01 0.09 0.03 0.00 0.00 0.05 unch 0.00 0.24 0.02 0.00 0.00 0.55 unch 0.00 0.14 0.12 0.13 - 0.00 0.33 0.12 0.19 0.17 0.18 unch 0.00 0.43 0.17 0.70 0.65 0.68 - 0.01 1.32 0.50 0.03 0.03 0.03 + 0.00 0.03 0.03 0.04 0.03 0.03 - 0.01 0.07 0.03 0.15 0.10 0.12 - 0.04 0.21 0.09 0.12 0.12 0.12 unch 0.00 0.17 0.10 0.48 0.48 0.48 unch 0.00 0.70 0.38 0.00 0.00 0.44 unch 0.00 0.55 0.30 0.56 0.47 0.56 + 0.14 10.27 0.10 0.77 0.58 0.75 + 0.17 0.86 0.14 0.06 0.05 0.05 unch 0.00 0.08 0.03 0.31 0.29 0.29 - 0.02 0.45 0.11 0.39 0.38 0.39 unch 0.00 0.47 0.23 3.53 3.30 3.46 - 0.02 4.20 2.66 2.65 2.47 2.59 - 0.02 3.23 2.00 0.03 0.03 0.03 + 0.01 0.05 0.02 0.00 0.00 1.01 unch 0.00 2.80 0.75 0.02 0.01 0.01 unch 0.00 0.07 0.01 0.22 0.00 0.20 + 0.02 0.25 0.10 0.63 0.48 0.51 + 0.02 0.63 0.04 0.30 0.28 0.28 unch 0.00 0.48 0.27 0.42 0.36 0.36 - 0.01 0.64 0.34 0.06 0.06 0.06 unch 0.00 0.12 0.05 0.22 0.21 0.22 + 0.01 0.29 0.15 0.16 0.16 0.16 + 0.00 0.22 0.11 0.30 0.27 0.28 + 0.01 0.40 0.20 0.08 0.07 0.07 - 0.01 0.33 0.07 0.06 0.05 0.06 + 0.01 0.28 0.04 0.23 0.21 0.23 + 0.03 0.75 0.18 0.16 0.16 0.16 unch 0.00 0.56 0.14 0.32 0.28 0.31 + 0.02 0.41 0.17 0.23 0.23 0.23 + 0.02 0.30 0.12

BID-ASK — APRIL 1–5, 2019 STOCK

12-MONTH

EXC BID ASK LAST HIGH

37 Capital African Metals Alba Minerals Alchemist Mng Alexandra Cap ALQ Gold Altan Rio Min American CuMo Amseco Expl Anconia Res Anglo-Bomarc Antler Hill Arcturus Vent Arrowstar Res Asbestos Corp Ashanti Sanko Aurelius Min Banro Corp* Baroyeca Gold BC Moly Bearclaw Cap Bethpage Cap BHK Mining Black Bull Res Black Mammoth Blackheath Res Boss Power Brunswick Res Buffalo Coal Bullion Gold Bullman Min BWR Explor Cairo Res Camrova Res Canadian Silv Canex Energy Caracara Silvr Cassius Vents Castle Peak Mg Central Iron Cerro de Pasc Cerro Grande Chantrell Vent Chinapintza Mg CIM Intl Grp Cleghorn Mnls Cliffmont Res Cliffs Nat Res* CMX Gold & Sil Contintl Prec Copper Lake Rs Copper One CWN M’g Acq Cyntar Venture Cyprium Mng Damara Gold Duncan Park H Eastern Zinc Electra Stone Essex Minerals European Metal Evolving Gold Excalibur Res Fabled Copper Fieldex Expl Finlay Minrls Finore Mng Fire River Gol Firebird Res Firestone Vent First Idaho Five Star Diam Four Nines Freedom Egy Freeport Res Full Metal Mnl Galore Res Gem Intl Res Generic Gold

C V V C C C V V V V V V V V V V V X V V V V V V V V V V V V V V V V V V V V V V C C V V C V V N C V V V V C V V V C V V C C C V V V C V V V V V C V V V V V C

20-23_APRIL15_StockTables.indd 23

0.09 0.14 0.09 0.30 0.06 0.09 0.06 0.15 0.16 0.16 0.28 0.07 0.07 0.06 0.13 ... ... 0.50 0.93 1.95 2.00 1.72 4.04 ... 0.01 0.01 0.02 0.06 0.07 0.06 0.13 0.05 0.09 0.05 0.29 0.01 0.02 0.02 0.04 0.08 0.08 0.15 0.16 0.15 0.15 0.10 0.20 0.08 0.15 0.07 0.16 0.01 0.24 0.12 0.12 0.35 0.75 0.55 0.88 0.03 0.04 0.03 0.10 0.13 0.14 0.14 0.15 0.11 0.11 0.11 2.10 0.01 0.02 0.01 0.03 0.04 0.10 0.03 0.16 0.03 0.04 0.03 0.05 0.01 ... 0.07 0.07 0.02 0.02 0.02 0.10 0.18 0.10 0.06 0.07 0.06 0.12 0.01 0.02 0.02 0.05 0.17 0.20 0.17 0.03 0.03 0.03 0.05 0.01 0.01 0.01 0.03 0.06 0.15 0.10 0.47 0.09 0.12 0.11 0.13 0.05 0.06 0.05 0.07 0.32 0.40 0.30 0.42 0.04 0.04 0.07 0.11 0.01 0.10 0.06 0.07 0.01 0.23 0.17 0.31 0.11 0.18 0.11 0.18 0.06 0.12 0.06 0.08 0.02 0.02 0.02 0.03 0.02 0.03 0.03 0.05 ... ... 0.29 0.34 0.01 0.01 0.01 0.02 0.06 0.09 0.06 0.12 0.01 0.01 0.01 0.02 0.19 0.60 0.20 0.63 0.07 0.11 0.08 0.14 0.13 0.22 0.13 0.90 1.45 3.20 1.43 7.17 0.04 0.05 0.05 0.12 0.35 0.37 0.36 0.46 0.02 0.02 0.02 0.05 0.14 0.16 0.15 0.18 0.05 0.08 0.05 0.18 0.07 0.17 0.10 0.15 0.03 0.03 0.03 0.04 0.04 0.05 0.07 0.19 0.22 0.18 0.60 0.07 0.25 0.13 0.56 0.01 0.02 0.01 0.02 0.05 0.08 0.07 0.17 ... 0.01 0.01 0.08 0.08 0.08 0.15 0.09 0.10 0.10 0.11 0.08 0.20 0.08 0.09 0.16 0.16 0.19 0.03 0.04 0.03 0.06 0.12 0.12 0.11 0.03 0.07 0.09 0.02 0.03 0.02 0.05 0.06 0.07 0.06 0.12 0.05 0.25 0.04 0.06 0.06 0.08 0.07 0.17 0.24 0.30 0.25 0.60 0.02 0.03 0.03 0.09 0.08 0.10 0.10 0.10 0.01 ... 0.10 0.12 0.01 0.02 0.02 0.05 0.01 0.02 0.02 0.05 0.15 0.06 0.30

LOW

STOCK

0.09

V Gentor Res GFM Res V Global Cop Grp V GobiMin V C God’s Lake Res Goldbelt Emp V Golden Harp V Goldstream Mnl V Gossan Res V Gray Rock Res V Great Lakes Gr V V Great Quest Fe Green River C Greenshield Ex V Grosvenor Res V Guerrero Vents V V Helio Res HFX Holding V Highbury Proj V Highvista Gold V Indico Res V Infinite Lith V Inform Res V Inomin Mines V Inspiration Mg C Inter-Rock Mnl V Intl Battery C Intl Bethl Mng V Intl Corona V Intl Millm Mng V Iron South Mng V Jasper Mining V V Jazz Res Jubilee Gold V C Kal Minerals Kapuskasing Gd V Kenna Res V Kings Bay Res V La Imperial C Leo Res C Lithion Energy V Lithium Energy V Logan Res V Lovitt Res V Lund Enterpr V M.P.V. Explor C MAG Silver* X Magna Gold V Magnitude Mng V Makena Res C Mammoth Res V Manado Gold V Martina Mnls V Matachewan Con V McLaren Res C Mega Copper V Meridian Mg V Meridius Res V Mesa Expl V Mezzotin Mnrls V V Micrex Dev Midasco Cap V MillenMin Vent V Millstream Min V Milner Con Slv V Minecorp Egy V Mineral Hill V Minsud Res V Monster Uran V Montana Gold C Mountain Lake C MX Gold V Navy Res V Nebu Res V New Jersey Mng C New Klondike V New Stratus V New World Res V Newmac Res V

0.04 0.04 0.25 1.26 0.01 0.05 0.01 0.01 0.06 0.07 0.07 0.06 0.33 0.02 0.03 0.10 0.01 0.03 0.03 0.07 0.05 0.01 0.02 0.01 0.09 0.04 0.03 0.24 0.06 0.04 0.11 0.08 0.03 0.01 0.02 0.12 0.01 0.04 0.01 0.19 0.06 0.11 0.98 0.04 0.30 0.01 0.10 0.03 0.08 0.04 0.18 0.09 0.01 0.03 0.07 0.01 0.04 0.02 0.02 0.04 0.02 0.05 0.10 0.02 0.06 0.10 0.01 0.03

12-MONTH

EXC BID ASK LAST HIGH LOW

0.07 0.15 0.06 0.12 0.05 0.10 0.05 0.15 0.07 0.08 0.08 0.11 0.21 0.29 0.24 0.40 2.75 3.50 2.40 2.40 0.01 0.02 0.02 0.09 0.13 0.08 0.20 0.05 0.06 0.06 0.18 0.07 0.09 0.07 0.10 0.07 0.08 0.08 0.23 0.05 0.05 0.04 0.06 0.10 0.10 0.10 0.14 0.05 0.06 0.06 0.07 0.10 0.20 0.12 0.15 0.09 0.18 0.09 0.20 0.06 0.10 0.08 0.20 0.07 0.10 0.07 0.14 0.06 ... 0.05 0.07 0.21 ... 0.22 0.30 ... ... 0.17 0.01 0.01 0.01 0.02 0.26 0.29 0.28 0.32 0.06 0.09 0.06 0.20 0.03 0.04 0.04 0.14 0.03 0.05 0.03 0.10 0.22 0.27 0.22 0.47 ... ... 0.31 0.05 0.06 0.05 0.09 0.03 0.04 0.04 0.05 0.02 0.02 0.03 0.03 0.24 0.27 0.24 0.28 0.08 0.09 0.08 0.29 0.04 0.06 0.05 0.08 0.01 0.70 0.64 0.67 0.11 0.30 0.25 0.25 0.01 0.02 0.01 0.04 0.13 0.16 0.15 0.04 0.05 0.04 0.10 0.04 0.49 0.04 0.08 ... ... 1.09 ... ... 0.10 0.13 0.13 0.10 0.83 0.02 0.02 0.06 0.08 0.13 0.10 0.25 0.01 0.01 0.13 0.25 0.12 0.14 0.13 0.30 12.52 13.30 12.52 14.40 ... 0.40 0.40 0.45 ... ... 0.15 0.30 0.09 0.09 0.09 0.13 0.04 0.05 0.05 0.09 0.03 0.05 0.05 0.06 0.04 0.10 0.04 0.06 0.15 0.17 0.17 0.29 0.03 0.04 0.04 0.10 0.17 0.22 0.16 0.18 0.07 0.08 0.08 0.55 0.08 0.19 0.19 0.22 0.02 0.08 0.06 0.08 0.01 0.01 0.01 0.02 0.02 0.02 0.01 0.10 0.15 0.09 0.15 0.01 0.50 0.05 0.04 0.06 0.04 0.05 0.10 0.06 0.11 ... ... 0.12 0.20 0.11 0.30 0.15 0.27 0.06 0.09 0.06 0.21 0.15 0.32 0.15 0.33 0.09 0.10 0.10 0.10 ... ... 0.05 0.05 0.11 0.11 0.11 0.15 0.21 0.16 0.24 0.04 0.04 0.04 ... ... 0.18 0.26 0.01 0.01 0.01 0.26 0.40 0.40 0.40 0.22 0.22 0.21 0.30 0.05 0.12 0.09 0.10

0.05 0.04 0.04 0.20 0.22 0.06 0.04 0.05 0.05 0.02 0.06 0.04 0.11 0.09 0.06 0.06 0.05 0.21 0.01 0.12 0.06 0.03 0.02 0.20 0.03 0.03 0.02 0.04 0.08 0.03 0.40 0.12 0.01 0.03 0.04 0.09 0.04 0.11 0.06 6.12 0.20 0.14 0.04 0.03 0.04 0.04 0.15 0.02 0.16 0.05 0.18 0.03 0.01 0.07 0.03 0.07 0.09 0.05 0.11 0.02 0.03 0.15 0.15 0.11 0.13 0.06

STOCK

Norra Metals Norsemont Cap Nrthn Lion Odyssey Res Orford Mining Pac Arc Res Pac Cascade Pacific Empire Pan Andean Min Patriot Gold Pele Mtn Res Pinecrest Res Plate Res Portofino Res Prime Meridian ProAm Expl Quantum Cobalt Rare Element* Red Oak Mg Regency Gold Reliant Gold Remington Res Resource Cap Riley Resource Rockcliff Met Rockland Mnls Rokmaster Res Ross River Rubicon Mnrls* Sage Gold Scotch Creek Sennen Potash Shine Minerals Sierra Madre D Silver Phoenix Slave Lake Zn Sonora Gld & S SouthGobi Res Starr Peak Exp Superior Mng Surge Explor Sutter Gold Talmora Diamd Tanzania Mnls Taranis Res Tesoro Mnrls Themac Res Thunder Mtn Gd Tiger Intl Till Capital Tintina Mines Tocvan Venture TomaGold Tri-River Vent True Grit Res Trueclaim Expl Tsodilo Res Ubique Mineral Upper Canyon Vale* ValOre Metals Vanadium One Vangold Res Vatic Vent Vela Minerals Vizsla Res Westcot Vent Western Troy C Whistler Gold Wildsky Res Xander Res Zara Res Zena Mining Zenith Explor Zinco Mng Zincore Mtls

12-MONTH

EXC BID ASK LAST HIGH LOW

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

0.05 0.05 0.05 0.15 0.31 0.37 0.37 0.46 0.31 0.50 0.37 0.55 0.03 0.08 0.03 0.06 0.08 0.13 0.11 0.33 0.21 0.25 0.22 0.45 0.01 0.02 0.01 0.08 0.08 0.07 0.20 0.07 0.08 0.09 0.13 0.06 ... 0.10 0.10 0.02 0.02 0.04 0.06 0.21 0.26 0.20 0.28 0.04 0.05 0.04 0.10 0.09 0.11 0.09 0.42 0.01 0.50 0.14 0.03 0.03 0.03 0.04 ... ... 1.10 3.15 0.11 0.16 0.15 0.89 0.05 1.29 0.33 0.34 0.13 0.20 0.20 0.28 ... 0.02 0.02 0.04 0.18 0.24 0.17 0.36 ... ... 0.01 0.08 0.19 0.29 0.19 0.41 0.15 0.15 0.12 0.18 0.07 0.08 0.08 0.11 0.04 0.05 0.04 0.16 ... 0.14 0.26 0.50 ... ... 0.03 1.35 0.01 0.01 0.02 0.10 0.10 0.18 0.10 0.13 0.23 1.00 0.45 0.50 0.09 ... 0.14 0.16 0.06 0.24 0.07 0.15 0.14 0.25 0.14 0.22 0.07 0.10 0.07 0.13 0.07 0.09 0.07 0.12 0.08 1.00 0.14 0.17 0.10 0.13 0.09 0.18 0.06 0.30 0.10 0.10 0.39 0.44 0.39 0.23 0.01 0.02 0.02 0.03 0.02 0.06 0.05 0.06 0.07 0.38 0.16 0.45 0.07 0.09 0.09 0.12 0.05 0.06 0.05 0.08 0.05 0.06 0.06 0.09 0.01 ... 0.17 0.25 0.07 0.12 0.09 0.17 1.65 3.10 2.15 5.01 0.04 0.08 0.05 0.10 0.08 0.12 0.10 0.12 0.05 0.05 0.05 0.08 ... ... 0.04 0.02 0.03 0.02 0.07 0.10 0.10 0.10 0.28 0.22 0.28 0.23 0.65 0.16 0.18 0.17 0.25 ... 0.39 0.25 0.40 ... ... 10.24 11.10 0.06 0.07 0.07 0.13 0.13 0.15 0.13 0.05 0.05 0.04 0.30 0.10 0.10 0.10 0.32 0.20 0.30 0.17 0.30 0.14 0.15 0.16 0.20 ... ... 0.35 0.35 0.08 0.08 0.10 0.15 0.06 0.10 0.06 0.08 0.07 0.11 0.08 1.01 0.10 0.12 0.09 0.19 ... ... 0.07 0.22 0.05 0.08 0.06 0.12 0.05 ... 0.04 0.04 0.05 0.07 0.05 0.03 0.07 0.05 0.10

0.04 0.25 0.15 0.02 0.07 0.20 0.06 0.03 0.10 0.03 0.18 0.03 0.06 0.02 0.20 0.06 0.12 0.14 0.02 0.17 0.01 0.10 0.07 0.01 0.04 0.10 0.03 0.01 0.10 0.36 0.08 0.07 0.03 0.06 0.05 0.10 0.09 0.04 0.03 0.01 0.01 0.12 0.05 0.05 0.03 0.14 0.04 1.74 0.02 0.10 0.04 0.02 0.07 0.19 0.06 0.15 6.57 0.07 0.03 0.06 0.15 0.13 0.23 0.03 0.06 0.08 0.03 0.07 0.05 0.04 0.03

2019-04-08 12:31 PM


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24_APRIL15_BackCover.indd 24

2019-04-09 3:08 PM


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