The Northern Miner August 6 2018 Issue

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INDUSTRIAL METALS Copper, nickel and zinc drive exploration and development / 9–14

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Agnico’s Sean Boyd says Meliadine to produce in Q2 2019 INTERVIEW

| High-grade project part of operating platform in Nunavut

BY TRISH SAYWELL tsaywell@northernminer.com RANKIN INLET, NUNAVUT

A

gnico Eagle Mines (TSX: AEM; NYSE: AEM) hosted a site visit in late June to its advanced-stage Meliadine gold project in Nunavut, which is expected to start production in the second quarter of 2019 — about three months sooner than planned.

Meliadine is Agnico’s largest gold deposit in terms of resources (3.1 million measured and indicated oz. and 2.7 million inferred oz.) and could produce 170,000 oz. gold in 2019 and 385,000 oz. gold in 2020.

The high-grade project, 25 km from Rankin Inlet near the western shore of Hudson Bay, is part of a strategic operating platform that the gold miner is building in Nunavut, where its Meadowbank mine, 300 km west of Hudson Bay, is expected to produce 220,000 oz. gold this year, and where it is also developing Amaruq, a satellite deposit 50 km northwest of Meadowbank.

Sean Boyd, Agnico’s vice-chairman and CEO, and The Northern Miner’s Mining Person of the Year for 2017, spoke with senior staff writer Trish Saywell during the tour about the company’s northern busiSee SEAN BOYD / 2

Continental Gold CEO Ari Sussman (right) speaks with visitors near the Yaragua tunnel entrance at the Buritica gold project in Antioquia, Colombia. PHOTO BY DAVID PERRI

Continental Gold cruising to production at Buritica SITE VISIT

| Fledgling producer brings modern gold mining to Colombia ating standards,” he says. “We “WE’RE HANDILY

BY DAVID PERRI will double Colombia’s legal gold dperri@northernminer.com production and begin production BEATING THE BURITICA, COLOMBIA in the short-term.”

BUDGET FOR uritica is the flagship mining Restrepo, who hails from the project for Colombia,” says regional capital of Medellin, 70 DEVELOPMENT Mateo Restrepo, president km southeast of the project, em- METRES PER of Continental Gold (TSX: CNL; phasizes that for Colombia, BuUS-OTC: CGOOF). The project is ritica represents much more than MONTH, EVERY more important here than it might minerals.

MONTH.” PM40069240

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be almost anywhere else.

“It will be the first large-scale, mechanized gold mine in the country, with high international oper-

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“Colombia is in a post-conflict scenario,” he says. Violence and insecurity related to political groups, drug trafficking and illegal mining plagued South America’s second most populous nation for decades, until very recently.

In 2016, the government reached a peace agreement with FARC, the largest armed political faction, increasing security and stability in much of the country.

“The state needs to establish and maintain a presence in areas that were previously controlled by outlaws and armed groups,” he says. As such, the authorities see Continental’s flagship project as a strategic development to help keep Colombia’s hard-won peace and deliver prosperity to rural communities.

Buritica is one of dozens of

ARI SUSSMAN CEO, CONTINENTAL GOLD

projects across the infrastructure spectrum that the government has designated as strategically important, including several greenfield mineral projects. Buritica is the only one under construction, Restrepo says. Success here could serve as a symbol for an increasingly stable and secure Colombia.

The project also stands out for its scale, ranking as the eighth largest gold find in the past decade, according to S&P Global Market Intelligence. Mineable resources stand at more than 9 million oz. gold across all categories, which See CONTINENTAL / 6

FIRESTEEL: SET TO START MINING AT LAIVA IN FINLAND / 8

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AUGUST 6–19, 2018 / THE NORTHERN MINER

Agnico’s Sean Boyd says Meliadine to produce in Q2 2019 SEAN BOYD From / 1

ness strategy and the importance of developing the region.

The Northern Miner: Construction at Meliadine is on budget and a little ahead of schedule. What’s the secret?

Sean Boyd: A lot of that was to do with solid preparation. We were pretty comfortable and confident that we were going to go ahead and build this mine, and what we did, even with the volatility in the gold price, was keep the underground development going. And that was critical to allow us to open up the deposit, extract two bulk samples, get confident with the orebody and allow it to grow. And while we were doing that we were completing an internal economic analysis to update the board of directors in February 2017. In July 2016, the board went to Nunavut and spent a couple nights there to get a sense of the project, and we got them to sort of give us a quiet approval for more capital to get prepared.

By the time we green-lighted the project, we had positioned Agnico employees to take over the underground development. We had preordered some of the equipment, which was originally not supposed to be on the barge until 2018. It showed up in 2017. So it was a project that we were well prepared to execute on.

We had it much further engineered than what you’d normally have when you green-light something. And our timing was really good. When you think about giving the go-ahead on a project when there weren’t a lot of other projects competing for contractors and labour, this allowed us to position ourselves with the best contractors, so it’s not surprising that — given the strength of our team, and the strength of the contractor group — we find ourselves tracking ahead of the original schedule.

TNM: What is the trick to putting a mine into production in the Far North?

SB: The key to managing up here is to get your logistics, support and planning properly done, because you’ve got a short shipping window, and you need to make sure you get everything up here, and that allows you to work efficiently for the balance of the year. We’ve been operating up here and planning barge seasons for the last 10 years, so it’s that skill set that we were able to draw on and utilize. And we don’t allow a third party to be our general contractor.

We build mines ourselves, so it’s that internal experience that allows us to execute these things.

As far as a Nunavut location is

Agnico Eagle Mines chairman James Nasso (left) and CEO Sean Boyd at Rankin Inlet airport, 25 km from the Meliadine gold project in Nunavut. PHOTO BY TRISH SAY

concerned, this is pretty good, because you’re basically on the western shore of Hudson Bay, you’re 32 km from the second-biggest population centre in Nunavut: Rankin Inlet. So it’s a lot less challenging than Meadowbank, which is 110 km north of an inland community. Meliadine is a three-and-a-half-hour flight from Toronto. It seems far and remote, but the fact is that it’s very manageable, particularly given that we have a production base here already, and we’re really leveraging off our skills in the Abitibi, and drawing on a lot of broad experience from that region up here.

TNM: Agnico has a northern and a southern business strategy. Can you talk about your northern business strategy more broadly?

SB: Our northern business is a different opportunity set. It’s a larger and longer life business but the deposits tend to be more complex. The question is: where should the emphasis be? We’ve got a pretty mature base in Quebec, and we’ve now decided that

a really great place to allocate more capital is here in Nunavut. What we see here in Nunavut is a place where there’s tremendous mineral potential — really untapped, in our view — and an ability to do business.

It’s not perfect. You know there are things that take longer than we would expect them to take, but ultimately we’re not faced with a situation where there’s anti-mining bias.

The way that Nunavut was structured is that the residents of Nunavut own 18% of Nunavut and the Inuit leaders who negotiated the land claim settlement when Nunavut was created chose their land package based on its geological potential. So they clearly are looking for high-quality partners like Agnico to help them with development of the land. And now what we’re sensing as well is that the government at the Nunavut level and the federal government level are also beginning to realize the resource potential and the potential to work together to provide the infrastructure that we’re going to need over the next several decades to take advantage of the

“WHAT WE SEE HERE IN NUNAVUT IS A PLACE WHERE THERE’S TREMENDOUS MINERAL POTENTIAL, REALLY UNTAPPED IN OUR VIEW, AND AN ABILITY TO DO BUSINESS.” SEAN BOYD CEO, AGNICO EAGLE MINES

resource wealth that exists up here.

If you think about it from the perspective of mining in Canada, we’ve lost Inco, we’ve lost Falconbridge, we’ve lost Alcan, we’ve lost Noranda, and as Canadians, it kind of makes sense to us to have decisions on how resources are developed in the Canadian North made by Canadians with a ton of mining experience, rather than by somebody sitting in a head office in another country.

We’re perfectly positioned to be at the forefront of that.

TNM: And yet it is taking us, as a country, so long to get our act together in the North.

SB: You’ve got a population in Nunavut of maybe 40,000 people. It’s got one seat in the federal parliament but that doesn’t really do justice to the fact that this is a big part of Canada’s future, so it makes sense to make those infrastructure investments now, think long-term and have sustainable businesses for decades. Agnico just celebrated its sixtieth anniversary, so we think we’re great partners for long-term thinkers, and there are solutions to cleaner energy and cheaper energy.

Not just for businesses like we build, but also for the communities.

So how do we get that done? You get that done if you have a good solid business to begin with, which we do here. We just feel fortunate to have made a decision to come here back in 2007. It didn’t look like it was a great decision in 2010, because we struggled trying to get that Meadowbank mine plan working, but our people persevered and put us in a position to take advantage of other opportunities that may be up here.

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We know we’re going to find other mineral deposits. The key will be to keep the cost structure down so we can turn those deposits we find into mines and productive businesses.

The key will be energy consumption — cheaper and cleaner — and also transportation, because we’re likely going to find a series of satellite deposits, which will feed centralized processing facilities. We have one at Meadowbank and we’re going to have one soon here at Meliadine, and it will be, how does that ore get transported? Are the trucks automated? Are they even trucks? Or will it be something else? Innovation and technology are going to be critical up here to help manage the lack of infrastructure — the remoteness.

But there’s no shortage of ingenuity and skills and a willingness to work together. You generally don’t see that a lot in parts of the world where you’ve got mines. So you’ve got to keep working hard, you’ve got to earn your licence to operate.

We’ve done a pretty good job of that.

TNM: In terms of keeping costs down, energy is a big part of that. Meliadine’s gensets cost 26¢ or 27¢ per kilowatt power, and energy costs make up 15-18% of the project’s current costs, is that correct? Can you talk about the various options for generating cheaper and cleaner power?

SB: We’ve looked at all sorts of alternatives, from a power line in Churchill, Man., to liquid natural gas, compressed natural gas, wind turbines and turbines in rivers.

TNM: Solar?

See SEAN BOYD / 16

2018-07-31 8:48 PM

GLOBAL MINING NEWS

THE NORTHERN MINER / AUGUST 6–19, 2018

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FAST NEWS

Cameco suspends production at McArthur River and Key Lake Cameco (TSX: CCO; NYSE: CCJ) will indefinitely suspend production at its McArthur River and Key Lake uranium mines in Saskatchewan, and, as a result, permanently lay off 550 site employees. It will also shrink its corporate office workforce by 150 positions. Some are currently vacant.

the previous year. It expects to generate $1.9 billion in revenue for the year, down from $2.1 billion in 2017. The company expects its revenue will fall to $1.47 billion in 2019.

“Our results reflect the impact of a weak uranium market and the deliberate actions we have taken, driven by the goal of increasing long-term shareholder value,” Gitzel said.

Cameco initially suspended operations at the two sites in January, laying off some employees at the time. It had planned to reopen the sites after 10 months.

In an analyst report, BMO Capital Markets said that the move “should accelerate the rate of inventory consumption, which should help support the uranium price,” but “is negative for Cameco’s earnings in the nearterm.”

The facilities have operated since 1999 and 1983. As of December 2017, they combined for 250.7 million proven and probable lb. uranium grading 9.63% uranium.

Approximately 200 employees will stay at McArthur and Key Lake to keep the facilities on care and maintenance.

“It was a difficult decision to make

Cameco’s suspended McArthur River uranium mine in northern Saskatchewan. CAMECO because of the impact it will have on our employees, their families and other stakeholders, but we must take this action to ensure

the long-term sustainability of the company,” Cameco president and CEO Tim Gitzel said in a press release.

The company announced adjusted net losses of $28 million for 2018’s second quarter, compared to $44 million for the same period of

Cameco shares closed at $14.26 per share on the day of the announcement. At press time they had jumped to $14.94 per share.

The company has a $5.6-billion market capitalization.

Newmont buys 50% stake in Galore Creek from NovaGold Newmont Mining (NYSE: NEM) has acquired NovaGold Resources’ (TSX: NG; NYSE-AM: NG) 50% stake in the Galore Creek copper-gold project in B.C. for staged payments of up to US$275 million.

Teck Resources (TSX: TECK.B; NYSE: TECK) owns the other 50% stake in the project, which is one of the largest undeveloped copper-gold-silver deposits in the world.

Galore Creek, 150 km northwest of Stewart, B.C., is on care and maintenance.

A 2011 prefeasibility study on the large-tonnage project forecasted production over 18 years of 6.2 billion lb. copper, 4 million oz. gold

and 65.8 million oz. silver.

Teck and Newmont have each agreed to spend US$10 million to US$15 million annually to update the prefeasibility study over the next four years.

relationships Teck has established with the Tahltan First Nation and British Columbia,” Goldberg said in a news release, noting that the project is in a favourable mining jurisdiction and has the “potential to support decades of profitable copper and gold production.”

Teck has held 50% of the project since May 2007, and Newmont president and CEO Gary Goldberg said he looked forward to working with the diversified, Vancouverbased miner.

Selling Galore Creek means NovaGold can concentrate on its flagship Donlin gold project in Alaska, a joint venture with Barrick Gold (TSX: ABX; NYSE: ABX).

“Partnering with Teck allows us to bring both organizations’ considerable technical, financial and sustainability strengths to bear in evaluating and refining development plans for Galore Creek, and to build on the strong

Donlin Gold has 39 million oz. gold in the measured and indicated category at a grade of 2.24 grams gold per tonne and is described by NovaGold’s president and CEO Greg Lang as “one of the most valuable

projects in our industry today.”

Under the agreement, US$100 million is payable upon closing the transaction and another US$75 million is payable within three years after completing a prefeasibility study. A further US$25 million is due within five years or after a feasibility study is completed. A final US$75 million is payable upon construction approval.

NovaGold’s chairman, Thomas Kaplan, describes the deal as a “win-win for all parties,” and says it is the “continuation of a laserfocused strategy of unlocking the value of its assets and transforming the company into a pure play on Donlin Gold, which

we believe is the most important gold-development story in the industry.”

NovaGold, he added, could close the year with more than US$150 million in cash, and another US$100 million of guaranteed payments to follow over five years.

“The owners of our shares should be delighted by the fact that, to implement its business strategy, our company does not expect to raise more money until a construction decision is made on Donlin Gold … this latest news should be seen for what it is: a very rare case of a mining company continuing every day, month and year to honour its promises to do the right thing for its shareholders.”

Barrick loses US$94M in Q2 Barrick Gold ( TSX: ABX; NYSE: ABX) reported a net loss of US$94 million (8¢ per share) in the second quarter on revenues of US$1.71 billion.

Barrick produced 1.07 million oz. gold, down from 1.4 million the year before, and 83 million lb. copper, down from 104 million a year earlier.

In the same quarter a year ago, the gold major posted US$1.1 billion in net earnings on revenues of US$2.2 billion.

All-in sustaining costs (AISCs) for gold came in at US$856 per oz., up from US$710 per oz. in the year-earlier period, and US$3.04 per lb. copper, up from US$2.38 per pound.

Operating cash flow in the three months ended June 30 came in at US$141 million, compared with US$448 million in the second quarter of 2017, while adjusted net earnings fell to US$81 million, or 7¢ per share, down from US$261 million, or 22¢ a share, in the year-earlier quarter.

Earnings and cash flow were impacted by planned maintenance at Barrick Nevada and Pueblo Viejo in the Dominican Republic, as well as lower gold sales.

The results were also affected by US$75 million in foreign currency translation losses related to the weakening Argentine peso; US$59 million in net impairment charges, mostly owing to its Kabanga project, a joint-venture with Glencore (LON: GLEN) and Acacia’s Nyanzaga project in Tanzania; and US$28 million in severance costs after staffing reductions and office closures.

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Barrick ended the second quarter with a US$2.1-billion cash balance and reported that it had trimmed debt from US$6.4 billion to US$5.8 billion.

Over the past five years, Barrick has slashed total debt by US$10 billion.

The company says it has less than US$100 million in debt due before 2020, and more than 85% of its outstanding debt matures after 2032.

Barrick confirmed that it is on track to meet full-year production guidance, with higher production and lower costs expected before year-end.

The company forecasts that it will produce 4.5 to 5 million oz. gold in 2018 at a cost of sales of US$810 to US$850 per oz., cash costs of US$540 to US$575 per oz., and AISCs of US$765 to

US$815 per oz. gold.

For copper, management forecasts full-year production of 345 million to 410 million lb. copper at a cost of sales of US$2 to US$2.30 per lb., C1 cash costs of US$1.80 to US$2 per lb., and all-in sustaining costs of US$2.55 to US$2.85 per pound.

The gold major is adjusting its 2018 effective income tax rate guidance to 44–46%, up from its initial guidance of 41–43%, reflecting lower spot gold prices and sales mix.

Other second-quarter developments include the upgrading of the Fourmile exploration project — 2 km from Goldrush in Nevada — from a target to a discovery.

The company also acquired a 2.5% gross revenue royalty for US$14.9 million on land next to the Hemlo property in Ontario, and completed an “enhanced strategic cooperation agreement” with China’s Shandong Gold Group Company.

Shandong is independently evaluating the potential to develop a mining project at Lama in Argentina. The study will also look at possible synergies between Lama and Barrick’s Veladero mine.

Wood welcomes Don East as technical director of geotechnical mining operations in Peru With nearly 50 years of experience, Don has played an important role in developing innovative solutions for the next generation of mines. He has worked for respected mining firms across the globe in a variety of technical and director level roles. Don is an established thought leader in tailings management and heap leach facilities, having co-authored more than 30 industry papers.

Drawing on Wood’s 60-year history in the industry and position as a full-scale mining and minerals consultancy in Latin America, he will drive the continued expansion of our environmental, social, geotechnical and tailings consulting and project management services in the region to support customers in solving complex challenges and achieving the best value from their projects.

woodplc.com

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C-suite departures hit Barrick, Teck, Lundin

The graphite opportunity within the EV boom

PEOPLE

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| Barrick pres Dushnisky departs to become AngloGold CEO

T

he sudden and unexpected departure in late July of Barrick Gold president Kelvin Dushnisky — and more tellingly, the lack of a named replacement and the unusual vacancy in Barrick’s CEO spot since mid-2014 — stands in stark contrast to the orderly transitions announced by Teck

BY JOHN CUMMING Resources and Lundin Mining just two days jcumming@northernminer.com later.

At Teck, long-time chairman Norman B. Keevil said he will retire from that role in October, at which time global business executive Dominic Barton will replace him as chairman (Barton will become a Teck director a month earlier). Also in October, Norman Keevil III, who has been a Teck director since 1997, will become vice-chair.

Teck announced that Norman B. Keevil and long-standing director and deputy chairman Warren S. R. Seyffert will retire completely from the board at year-end, at which time Keevil will be named chairman emeritus and special advisor to the board in what Teck calls “recognition of his pivotal role in helping build Teck into a major force in the mining industry.”

At Lundin Mining, president and CEO Paul Conibear announced his retirement after serving in those roles for seven years, having come aboard as a senior vice-president in 2007 as a result of Lundin’s acquisition of Tenke Mining, where Conibear had been president and CEO. Lundin said that after a succession planning process, Marie Inkster, senior vice-president and chief financial officer, has been selected to assume the role of president and CEO upon Conibear’s retirement.

Lundin noted to Conibear and Inkster “are working together to ensure an orderly transition, which is expected to be completed before the end of the year.”

Meanwhile, Dushnisky, 54, is set to become executive director and CEO of AngloGold Ashanti as of September. In one way, it’s a step down in that AngloGold is a smaller gold producer (in third spot by production behind Barrick at number two), but a step up in his career in that he is finally a CEO — a title withheld from him at Barrick.

Barrick got rid of the CEO role in the company in July 2014, only three months after the retirement of founder Peter Munk and the ascendancy of replacement and current executive chairman John Thornton (the two had served as co-chairmen for two years previously).

Thornton forced Jamie Sokalsky to step down as president and CEO that July, and instead internally appointed two co-presidents: lawyer Kelvin Dushnisky, who was formerly senior executive vice-president responsible for corporate and government affairs, and chairman of African Barrick Gold; and Jim Gowans, formerly Barrick’s executive vice-president and chief operating officer, and a long-time De Beers executive in Canada.

As co-presidents, the two oversaw the flurry of asset sales, layoffs and closures that reduced Barrick’s oversized debt, shrunk the company’s global footprint and returned the company to financial stability.

Gowans left Barrick just a year later in August 2015 and joined Arizona Mining (leaving Dushnisky as sole president), while Barrick CFO at that time Ammar Al-Joundi also left to rejoin Agnico Eagle Mines as president in April 2015.

With Sokalsky hitting the exits in 2014, the president and CEO positions at Barrick had become revolving doors, with Randall Oliphant, Greg Wilkins (who resigned due to illness) and Aaron Regent previously serving in those roles for a few brief years each (with Regent in the hot seat during the infamous, debt-fuelled $7.3-billion cash acquisition of Equinox Minerals in 2011, which may go down as the deal that broke Barrick’s mojo, and set its course towards a progressively diminished corporate entity.)

There is now plenty of speculation in the gold community as to who will step in to fill the president position at Barrick, with possible internal candidates such as senior executive vice-president of strategic matters Kevin Thomson, CFO Catherine Raw and chief investment officer Mark Hill.

Over the years there have been hushed complaints from people within and around Barrick that the John Thornton era has ushered in a “toxic culture” in the upper echelons of Barrick that would explain a lot of the departures and underperformance of the once-vaunted company. If that blame really does rest with Thornton, it will be up to the rest of the board and major shareholders to take action to remedy the problem. TNM

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

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

COMPANY INDEX Agnico Eagle Mines. . . . . . 1 Barrick Gold. . . . . . . . . . . . 3 Cameco. . . . . . . . . . . . . . . . 3 CITIC. . . . . . . . . . . . . . . . . . 9 Continental Gold. . . . . . . . 1 Firesteel Resources . . . . . . 8 Geomega Resources . . . . 13 Glencore . . . . . . . . . . . . . . . 3 Ivanhoe Mines. . . . . . . . . . 9

Japan Oil, Gas and Metals National Corp.. . . . . . . . 10 JX Nippon Mining & Metals . . . . . . . . . . . . . . . . . . . . 10 Kintavar Exploration. . . . 13 Mitsui Mining & Smelting. . . . . . . . . . . . . 10 Newmont Mining . . . . . 3,6 NGEx Resources . . . . . . . . 9

NovaGold Resources. . . . . 3 Shandong Gold Group Company. . . . . . . . . . . . . . . 3 Sibanye-Stillwater . . . . . . 15 Teck Resources. . . . . . . . . . 3 Vale. . . . . . . . . . . . . . . . . . . 15 Wheaton Precious Metals. . . . . . . . . . . . . . . 15 Zijin Mining Group. . . . . 12

MINERALS COMMENTARY

| There’s room for a few new XL flake producers

BY GREGORY BOWES Special to The Northern Miner

O

ne cannot open the paper or go online these days without seeing articles about the rosy future for electric vehicles (EVs) and grid storage, and the resultant growth in lithium ion battery (LiB) demand.

LiBs are already a $20-billionper-year market that is growing over 20% annually. This has mainly come from growth in the market for the handheld devices we are all familiar with.

But EVs and grid storage are large markets still in their infancy, and the next generation of battery technology is not yet out of the lab. There is a lot of runway left for LiB growth.

LiBs require three main minerals: lithium, cobalt and graphite, which is the anode material in the batteries. These are small specialty markets, while the EV market is huge. Even modest, conservative adoption rates for EVs would affect demand for these three minerals.

(Meanwhile, copper, nickel and various other mineral producers are now all on the bandwagon.

However, while the LiB and EV markets will be important to these producers, they have much less leverage.)

Lithium prices have already taken off, offtake agreements and strategic partnerships have been established, and new mines are being built.

Cobalt prices have also spiked, although the structure of the industry is more problematic, with a looming supply problem and related political complexity in the Democratic Republic of the Congo.

Graphite prices, meanwhile, have not responded much to LiB demand growth for a number of reasons.

First, the 750,000-tonne-peryear f lake graphite industry is quite bigger than cobalt and lithium, and it has taken longer for battery demand to have a meaningful impact.

Second, graphite demand is dominated by the steel industry and the slowdown in Chinese steelmaking, which began in 2012, and has to date largely offset rapidly growing battery demand.

Lastly, the Chinese are increasing the production of small-flake graphite (which is used to make LiB anode material), and there is excess capacity.

While it will take time to work through this surplus, substantial graphite production will be required in the future to meet even conservative EV growth projections.

Benchmark Mineral Intelligence tracks LiB manufacturing plants and estimates that over 300 Gigawatt hours of capacity will be added by 2021.

This will require a doubling of f lake-graphite production in a relatively short period of time, and multiple new mines are needed to do so.

You cannot believe in the rapid rise in usage of LiBs and EVs without believing in the attendant rise in demand for graphite. Its day

is coming.

The current excess Chinese graphite production capacity largely owes to a big, governmentowned graphite mine in the Luobei region of Heilongjiang province.

It produces 2 million tonnes of ore per year, which it does in just three or four months each summer.

The government restricts production based on market conditions and gives an ore quota to 11 privately owned processing plants, which operate at 30% capacity.

They almost exclusively produce negative-100 mesh (small flake) concentrates, which are used to make spherical graphite — the anode material in LiBs. However, Chinese production of large (+80 mesh) and XL (+50 mesh) flake is declining, due to the depletion of resources and stricter enforcement of environmental standards in Shandong province — the main source in China.

Demand for XL flake for the expandable graphite market is growing rapidly — there is a shortage of supply and prices are quite good. Also, the steel industry is recovering, which is increasing demand for large flake and firming up prices.

Graphite prices increased up to 40% in the second half of last year (albeit from a low base) due to the growth in LiBs, a recovering steel market and Chinese production problems. Most notably, the price for +50 mesh XL flake continues to rise due to growing shortages.

This has been well covered by Industrial Minerals magazine and Benchmark — the two main sources of pricing information.

The larger supply-and-demand picture is a little trickier, as numbers are all over the map for IM, Benchmark and Roskill. Personally, I get my data directly from the source in China and fill in the rest of the world from the other sources.

The bottom line is that there is an immediate opportunity for large and XL flake production, but these markets are smaller, and there isn’t room for everyone.

But there is room for a small number of new projects that would produce mainly large or XL flake, and have realistic production levels, reasonable capital costs and good economics at current prices.

Ideally, these new mines would be located in politically stable countries, as many advanced projects are in Tanzania and Mozambique — which are often in the news for the wrong reasons.

The graphite juniors that meet all the above criteria make up a very short list.

— Based in Ottawa, Gregory Bowes is CEO of Northern Graphite Corp., which is developing its Bissett Creek graphite project between North Bay and Ottawa in Ontario.

Northern Graphite has completed a full feasibility study for a 70-year mine at Bissett Creek, and says the study shows the project “likely has the best flake-size distribution, highest margin and lowest marketing risk of any new graphite project.”

Visit www.northerngraphite. com for more information.

2018-07-31 8:48 PM

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THE NORTHERN MINER / AUGUST 6–19, 2018

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A panorama of Freeport-McMoRan’s Grasberg gold-copper mine West Papua, Indonesia. PHOTO BY RICHARD JONES

No need for alarmism in discussing mineral supply: Simon Jowitt INTERVIEW

| ‘Modifying factors’ important in mineral economics “THERE ARE MORE MINERALS LEFT TO BE DISCOVERED THAN PEOPLE THINK. WE’RE PRETTY DAMN GOOD AT BROWNFIELD EXPANSION.”

BY COLIN DESMOND

S

cdesmond@northernminer.com VANCOUVER

imon Jowitt is an associate professor of economic geology at the University of Nevada at Las Vegas, who researches mineral economics, environmental issues, and the use of mining waste as a future resource. The Northern Miner interviewed Jowitt for his long-term views on the planet’s mineral supply.

The Northern Miner: What do you think people mean when they say mineral resources are finite, and why do you take issue with that characterization?

Simon Jowitt: It’s true that natural resources, especially mining resources, are to some extent finite.

What I take issue with is how some have tried to cause panic using overly simplistic and misleading estimates of remaining mineral resources.

These statements often take the form of “we only have ‘X’ number of years left for commodity ‘Y.’” They arrive at this estimate by looking at total reserves for a given commodity and dividing by annual demand. The problem is this ignores how mineral exploration actually works. Mining companies don’t drill out the entire orebody right away. They go out, delineate an area to extract, and if that initial extraction is profitable, they proceed with brownfield expansion and grow mineral reserves and resources in the process.

The Grasberg gold and copper mine in Indonesia is a great example.

Both gold and copper reserves have grown alongside the steady growth in production since it began on a commercial scale in the 1980s.

So, my issue isn’t with the claim that mineral resources are finite.

They are. It’s with the alarmist and misleading claims that tend to take the form of “commodity ‘Y’ has ‘X’ years left before we run out.”

There are more minerals left to be discovered than people think. We’re pretty damn good at brownfield expansion.

SIMON JOWITT ASSOCIATE PROFESSOR, UNIVERSITY OF NEVADA AT LAS VEGAS

it can be extracted profitably. But we increasingly need to think about what we call “modifying factors” in the economic geology field. That includes the social and environmental impact of mining projects as well as government policy towards these projects. This isn’t to say those factors have never mattered, just that they matter more and more. We’re seeing some deposits that are not being extracted because of these modifying factors.

TNM: Can you “run out” of mineral resources in a market economy?

Won’t prices always adjust to clear the market?

TNM: When thinking about longterm mineral supply, what other factors are there to consider besides technological, economic, and natural?

Put differently, is the existence of the mineral and the ability to dig it up the only thing to consider in thinking about mineral resource constraints?

SJ: Prices are certainly one factor, but they can only get you so far. Brian Skinner spoke of the mineralogical barrier — for certain commodities, things will become too prohibitively expensive to extract, no matter the demand. That mineralogical barrier might come into play at some point, but it’s centuries away. There are plenty of methods to maintain supply in the meantime. If the price goes up significantly for a certain commodity, people will look at alternative sources such as recycling.

There are also deposits that aren’t economic right now, but might be in the future if prices rise significantly.

The production of nickel pig iron is an example of that.

But there are more than just economic costs to extracting minerals out of the ground. There are social and environmental costs and government policies that may place a limit on mineral extraction. Without these, yes, prices will always clear the market, but these modifying factors have become increasingly important over the past 50 years.

SJ: Certainly not. People continue to look at grade, tonnage, and whether

TNM: What role might recycling play in the long-term supply of minerals,

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especially if we do hit binding resource limits for certain minerals?

SJ: It depends on the mineral or metal in question. We’re already quite good at recycling some metals — copper, iron, palladium and platinum, for example. But the way we use some other metals, it’s very difficult to recycle them. Some of the rare earth elements are especially difficult to recycle because they’re used in such small amounts in their end products, such as cell phones.

We don’t have the technology yet to extract those minerals from cell phones. We waste an awful amount of minerals because we cannot recycle the materials from electronics properly.

It’s going to take significant technological breakthroughs and serious policy changes for recycling to grow in importance.

TNM: Do you think the conversation

A drill at Osisko Metals’ historic Pine Point zinc-lead project in the Northwest Territories. OSISKO METALS

about long-term mineral supply is often confused with that about longterm fossil fuel supply?

SJ: Yes, “peak minerals” is often grouped in with “peak oil.” Again, it goes back to the way these commodities are explored.

Three-dimensional seismic surveys give oil and gas companies a fairly accurate understanding of

available resources early on in a project. Mining companies, unfortunately, do not have this luxury.

Their methods of delineating resources are less accurate, and therefore those resources get delineated incrementally.

For this reason, as I said before, current reserves and resources are not necessarily indicative of remaining supply. TNM

2020 TARGETED PRODUCTION

2018-07-31 8:48 PM

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WWW.NORTHERNMINER.COM

AUGUST 6–19, 2018 / THE NORTHERN MINER

An aerial view of the Veta Sur tunnel under development at Continental Gold’s Buritica gold project in Colombia. PHOTO BY DAVID PERRI

Continental Gold cruising to production at Buritica CONTINENTAL From 1

have been defined in two vein systems since the 2008 discovery.

In the years after Continental’s discovery, the property attracted thousands of illegal miners, many of whom were linked to organized crime. The unsanctioned operations continued until the government intervened in early 2016, as part of a nationwide effort to close illegal mining operations and formalize qualifying artisanal miners.

“We identified those real miners — local, traditional, not influenced by illegality — and teamed up with them,” says Restrepo, who was promoted to president a month before the government’s intervention at Buritica. “We now have 10 mining associations with 275 artisanal miners — some are working close to our existing tunnels. We have permanent coordination with them.”

“We process their ore, and we also support them completely, with mine planning and all other aspects of the business.”

Continental has operated the small Yaragua gold mine and gravity flotation cyanide circuit at Buritica

since it acquired the property in 2007. From 2012 to 2017, it milled 44,000 tonnes of ore, extracting 32,000 oz. gold (24.93 grams per tonne) and 31,000 oz. silver (48.17 grams per tonne).

The company has built 33% of the US$389-million underground mine outlined in its 2016 feasibility study.

Upon completion, Continental will mine defined reserves in the Yaragua and Veta Sur vein systems totalling 3.7 million oz. gold and 10.7 million oz. silver, hosted in 13.7 million tonnes grading 8.4 grams gold per tonne and 24.3 grams silver.

As outlined in the study, the mine will have a 14-year life and produce an average of 253,000 oz. gold and 466,000 oz. silver annually, with total cash costs of US$411 per oz. gold (including silver credits). The cyanide leach processing plant will start operating at 2,100 tonnes per day in the first half of 2020, and ramp up to 3,000 tonnes six months later.

Gold and silver recovery rates are expected at 94.1% and 59.9% over the mine life.

The study used base-case scenario prices of US$1,200 per oz. gold and US$15 per oz. silver, which would

Workers in the Yaragua tunnel at Buritica. PHOTO BY DAVID PERRI

1-16, 23_AUG6_Main .indd 6

“WE IDENTIFIED THOSE REAL [ARTISANAL] MINERS — LOCAL, TRADITIONAL, NOT INFLUENCED BY ILLEGALITY — AND TEAMED UP WITH THEM … WE NOW HAVE 10 MINING ASSOCIATIONS WITH 275 ARTISANAL MINERS HERE.” MATEO RESTREPO PRESIDENT, CONTINENTAL GOLD

yield an US$860-million after-tax net present value (at a 5% discount rate) and a 31.2% internal rate of return, with a 2.3-year capital payback period.

Some input costs have risen (i.e. steel and oil) since the feasibility study was completed, but most of the base-case assumptions are still accurate, says Ari Sussman, Continental’s CEO. The company has spent half of its construction money and 80% of its engineering money.

“We’re not fully funded, we will need a top-up in the neighbourhood of US$100 million,” he says. The company will release an updated control budget later this year.

In late 2016 Continental got a key environmental permit for Buritica and went on to raise construction funds in early 2017. Red Kite Mine Finance extended a US$250-million credit facility and bought US$25 million in equity. And senior producer Newmont Mining (NYSE: NEM) took a 19.9% stake in Continental for proceeds of US$109 million.

Sussman says a large investment from Newmont is rare, and that you’d have to look back over a decade to find a similar example, such as when the major first invested and took over Miramar Mining for its Hope Bay project in Nunavut.

Newmont is very involved with Buritica. It has a seat on the Continental board and participates in three committees: exploration, technical (construction) and sustainability.

Sussman says that Newmont wanted to buy a larger stake, but Continental kept it at 19.9%. “The Newmont investment was the best of all options at the time, because the premium was so great. But it likely puts us in play at some point,” he says. “Our strategy is to extract as much value out of the ground now, so that any producer attempting to

acquire us in the future will need to pay for this additional upside.”

Drilling while building With an eye to growing value, Continental is focused on exploration in and around the future mine site.

“It’s unusual to spend on exploration right now during construction, however, we’re doing it because there is a chance that our shelf life is not very long, as the industry is coming out of a long, downward cycle.”

Continental is scheduled to drill 137,000 metres at Buritica in 2018, including 40,000 metres of definition, 41,000 metres of infill, 15,000 metres of step-out, and 41,000 metres into some of the 10 greenfield targets found at Buritica.

Sussman expects grades will improve after infill and definition drilling. “Putting a vein package together is like a jigsaw puzzle. We’re looking for hits of mineralization that fall within the hard boundaries of modelled veins. So, about 30% of the gold above a 2-gram cutoff was excluded from the resource estimate.

With this drilling we’re looking to pick up a bunch of this gold and put it into mineable categories.”

Continental plans to update the mineral resources at the project in the first half of 2019.

Bulk potential Buritica’s gold and silver mineralization is contained within carbonatebase metal veins and associated breccia, which are hosted in Miocene Intermediate intrusions and surrounding Cretaceous basement rocks.

Mineralization is porphyryrelated and includes early- and late-stage phases, with associated alteration. The early-stage (stage zero) mineralization is characterized by disseminated gold and low-grade copper (chalcopyrite) in association

with pyrite, biotite and magnetite alteration. The later stages (stages one and two) of the mineralized system resulted in the development of high-grade (gold-silver), sheeted carbonate-quartz veins, veinlets and stockwork, which are sulphide rich, and contain abundant pyrite, plus sphalerite, galena and minor sulphosalts. The later vein systems are associated with more typical, lower temperature, phyllic alteration involving sericite and chlorite.

“The Buritica deposit can best be summarized as a continuum of magmatic processes involving intrusive emplacement, breccia development, alteration and various mineralization stages, which reflect decreasing temperature over time and evolution of the hydrothermal fluids,” says David Reading, geologist and special advisor to the company.

Buritica’s sheeted vein systems have been drill defined over a cumulative strike of 3,000 metres and down to 1,600 metres below surface.

The two major vein systems — Yaragua and Veta Sur — are geographically contiguous, but geochemically distinct and modelled separately. The systems remain open along strike and at depth.

Reading has been tasked with working with the company’s geology team to explore new ideas about where there may be more gold at Buritica. Continental is pursuing a theory that there may be broad mineralized zones (BMZ), which encompass much of the material between Buritica’s defined veins.

“We’re aggregating three or even four veins, finding mineralization between them, and we’re looking at potential for bulk mining,” Sussman says. “The weighted average true width of these results announced to date is about 30 metres and 10 grams gold per tonne.”

“The six BMZs that have been identified are based predominantly on a bit of development here and there, and wide-spaced drilling,” Reading says. “There’s going to be more, but we need more development and drilling to pull them together.” “[Between defined veins] we see a coalescence of veins. There is also a prominent northwest set. And between the coalescing veins and the northwest set, we’re seeing lots of little micro veins,” he explains. “One

2018-07-31 8:48 PM

GLOBAL MINING NEWS

THE NORTHERN MINER / AUGUST 6–19, 2018

Mauricio Castañeda (left), Continental Gold’s VP of exploration, and David Reading, special advisor, at Buritica’s infrastructure site under construction. PHOTO BY DAVID PERRI

Leach tanks (top) and a mill building under construction at the Buritica gold project. PHOTOS BY DAVID PERRI

of the challenges of this orebody is that when you’re drilling 50-metre spacing or more, you’re not picking up all of the details.

“There are gold zones rather than just individual veins, and the detailed work is managing to define these zones.”

The company has drilled one BMZ, with more holes planned this year. “We don’t have enough tonnes of this to get excited, it’s early days,” Sussman cautions. “However, this is a really good start.”

Golden horizons While Continental continues to search for more gold, the project site is a hive of construction activity, with nearly 800 employees (excluding contractors) at work. The company has recently finished a 6 km switchback road, connecting the project to the local paved road network and beyond.

In the Higabra Valley, next to the mountain that hosts the Veta Sur and Yaragua gold deposits, the mill building and a trio of leach tanks are rising from newly laid foundations.

Inside the mountain, underground development is progressing smoothly on three fronts: the Veta Sur Ramp, Yaragua Ramp (which connects to historic workings) and the Higabra Tunnel, which runs 1 km into the base of the mountain from the infrastructure site.

Continental has completed 3,700 metres of underground development, with 15,300 more to go. “We’re handily beating the budget for development metres per month, every month,” Sussman says. That fact is a testament to the quality of the employees, including dozens of local technicians who have graduated from Continental’s training program since 2016. More than half of its employees are from local municipalities, with more than 80% from the wider Antioquia Department.

Notably, Continental has trained and hired the first Colombian women to work in an underground mine, with 16 women working on underground development at the moment.

The training program is just one part of Continental’s five-pronged sustainability program, which focuses on people, environment, high operating standards, regional development and institutional strengthening. “‘Modern mining’ is our slogan in the country,” Sussman says. The Buritica mine will stand out in Colombia, where the industry is comprised of mostly coal and very old, smaller gold mines. “Here, we’re really cutting edge.”

Buritica’s advantage “There are three key factors that will make Buritica a lowest quartile cost producer: high grade, good metal-

7

lurgy and gravity,” Sussman says.

“As sample density increases, we tend to see the grade increase alongside with it,” he says.

“When you’re estimating, if you don’t have a lot of drill-hole density, you want to restrict the influence of high grade to try to prevent smearing. We tend to get a lot of high-grade shoots that develop around a single high-grade hole. So, the grade tends to spread out once there is more drill density.”

Sussman points to the grade disparity between Buritica’s proven and probable reserves. Most of the reserves (13 million tonnes grading 7.8 grams gold per tonne) sit in the probable category. The 680,000 tonnes in proven category are almost triple the grade at 21.1 grams per tonne, a number that reconciles with the ore Continental has already milled on-site to date. (Sussman cautions that much of the smallscale mining completed on-site is “teaspoon mining,” with low ore dilution.) “[The preexisting mine] mimics much of what we’re going to be doing on a large scale. It’s been achieving good recoveries for many years and we’ve been able to run material from our deposits through that plant.”

Sussman says the width of mineralization also improves with more drilling. “We see veinlets at different orientations to the main veins

that are modelled, which don’t get captured in wide-spaced drilling, but as we tighten up spacing, we tend to pick them up.”

Earlier this year Continental released the results from a 600-tonne trial mining test that yielded 59% more gold than estimated in the resource block model. In 2016 it found double the estimated gold when it mined a 2,090-tonne test stope.

Moreover, the company’s plan to take ore from inside the mountain and process it in the adjacent valley will keep costs low. “Most of our reserves are in a gravity-assisted scenario, meaning ore will fall down naturally,” he says. Such a scenario avoids the cost of lifting material up to surface and also helps with water management, he says.

A changing Colombia?

Colombia is showing signs of moving beyond the insecurity that once held the country back.

In June Colombians elected probusiness Ivan Duque as president, the preferred candidate of popular former president Alvaro Uribe. The election was notable for its high turnout rate, with more than 53% of eligible voters casting a ballot — the highest level in two decades.

Buritica is poised to come online in the near-term, sending a loud signal to international investors about the prospects for success in

“THERE ARE GOLD ZONES RATHER THAN JUST INDIVIDUAL VEINS, AND THE DETAILED WORK IS MANAGING TO DEFINE THESE ZONES.” DAVID READING SPECIAL ADVISOR, CONTINENTAL GOLD

Colombia. Sussman maintains the country is a great place to work and invest, with a culture that rewards hard work and integrity.

“This is a pro-business, very fair country that protects foreign capital very strongly. It has a great legal system and corruption is tolerated less here than in much of Latin America,” he says. “It’s very risky for a politician to be involved in corruption because they generally get nailed.”

Insecurity kept explorers out of Colombia in decades past. Today the nation is poised to host a mineral exploration boom, Sussman says.

“Colombia offers the best untapped prospective for big-scale discoveries left in the Americas.” TNM

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2018-07-31 8:48 PM

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AUGUST 6–19, 2018 / THE NORTHERN MINER

Firesteel nears production at Laiva in Finland GOLD

| Revives dormant mine where Nordic Mines Marknad spent €220 million

BY RICHARD QUARISA

F

rquarisa@northernminer.com

iresteel Resources (TSXV: FTR; US-OTC: FIEIF) will start mining its wholly owned, past-producing Laiva gold mine in central Finland this August, just two months after releasing a preliminary economic assessment (PEA) on the project in June.

“Although it’s a PEA we’re confident on the decision to go forward,” Firesteel president and CEO Michael Hepworth says in a sit-down interview with The Northern Miner in downtown Toronto.

He attributes Firesteel’s confidence to a few factors.

The company has a fully built and permitted 6,000-tonne-perday mill and mine site that the previous operator, Nordic Mines Marknad, spent more than €220 million developing.

Hepworth says it’s a “real RollsRoyce of a mill.”

He also admits that the trickiest part about resurrecting the project was figuring out the resource.

“One of the reasons the previous company got into trouble is they didn’t understand how to mine it, and we’ve spent a lot of time understanding how to mine it,” Hepworth says.

Before it shut down in early 2013, Laiva produced 75,000 oz. gold.

The project contains swarms of gold veins that Hepworth says are fairly high grade, but very narrow.

There are large areas of waste rock that Firesteel has to move so that it can access the veins.

“We’re really going to mine this like an underground mine, although it’s an open-pit mine,” Hepworth says.

He says Nordic mined the deposit with 60,000-tonne blasts that mixed ore and waste together. Firesteel intends to blast away the waste, and

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Firesteel Resources’ past-producing Laiva gold project Finland. FIRESTEEL RESOURCES

then blast the ore in 5,000-tonneper-day chunks.

The company starts mining the first week of August and aims to pour first gold by Oct. 24, 2018.

The project contains 3.79 million measured and indicated tonnes grading 1.23 grams gold for 151,000 oz. gold, as well as 9 million inferred tonnes grading 1.53 grams gold for 445,000 oz. gold as of an August 2017 estimate.

“The previous company had a JORC report that said there were a million ounces there,” Hepworth says. “We’re not allowed to use the JORC report, but assuming they were reasonably accurate, there’s

“ALTHOUGH IT’S A PEA, WE’RE CONFIDENT ON THE DECISION TO GO FORWARD.” MICHAEL HEPWORTH PRESIDENT AND CEO, FIRESTEEL RESOURCES

probably a lot more gold to be discovered here than what we’ve got in our resource.”

Firesteel based its resource on 3,500 drill holes by previous operators. In February it began a nearly $1-million infill drill campaign.

It’s focused on the north side of the north pit and the northwest side of the south pit. Drilling began in

February and will continue into production. So far the company has drilled 3,500 metres.

The deepest holes at Laiva extend 150 metres below surface.

The deposit is open at depth and to the east. Firesteel aims to start exploration drilling in 2019, when it either has raised more money or has cash flow.

It will target three prospective zones: Kaukainen, less than 3 km southeast; Musunneva, less than 3 km south; and Oltava, 12 km south.

The three zones combine for 43 square kilometres.

Kaukainen and Musunneva show the same mineralization style as Laiva, and Firesteel sees potential at both locations for more open pits. Previous operators drilled Oltava, but never enough to define a resource. It shares a similar geochemical signature with Laiva.

The project has a $68.9-million, after-tax net present value at a 5% discount rate and a 36.5% after-tax internal rate of return. Firesteel expects to produce 456,600 oz. gold over a six-year mine life at a $974 per oz. all-in sustaining cost, with payback in 2.1 years.

The Finnish government approved a $155-million tax loss provision when Firesteel acquired the mine in 2017 that it could use to offset future taxes if the mine goes to production.

The project requires $7.1 million in pre-production capital expenses to refurbish the mine. Hepworth says Firesteel has already spent half of that.

“The cyanidation tanks need repair, there are some conveyor belts that need work — things like that,” he says. “In the grand scheme of things [the repairs are] relatively small.”

The company is fully funded, with around $9 million in the bank thanks to a $20.6-million goldforward sale last December with Pandion Mine Finance. The company will provide 67,155 oz. gold at spot price less a discount over five years from the time the deal closed.

“It’s never more than 20% of our production, so we’re profitable, even though we’re paying that out,” Hepworth says. “The financing was arranged on all the previous data.

They were confident the resource was good and that this was worth investing in.”

Shares of Firesteel shares are trading at 15¢, in a 52-week range of 5¢ to 16¢. The company has a $21-million market capitalization.

Firesteel is changing its name to Nordic Gold Corp., and will later change its ticker symbol. TNM

2018-07-31 8:48 PM

INDUSTRIAL METALS

SPECIAL FOCUS

Codelco’s Hales copper mine in Chile. CODELCO

Lundin’s NGEx sees big potential in Josemaria ARGENTINA COPPER-GOLD

| CEO Wodzicki cites low strip ratio, nearby water supply

Friedland: Ivanhoe is ready for the energy revolution COPPER

| CITIC Metals acquiring 19.9% stake in Ivanhoe

BY COLIN DESMOND

R

cdesmond@northernminer.com VANCOUVER

obert Friedland, executive chairman of Ivanhoe Mines (TSX: IVN, US-OTC: IVPAF), was in fine form during his presentation at the Sprott Natural Resource Symposium in Vancouver in midJuly. The promoter had a clear if familiar message for the hundreds of investors and mining executives in attendance: the energy revolution is here, metals are the “new oil,” and Ivanhoe — with its three tier-one mining assets — is ready to capitalize on the industrial transformation at hand.

Friedland expressed his excitement with Ivanhoe’s new Chinese partner, Beijing-based CITIC Metal, a subsidiary of the massive stateowned conglomerate CITIC. The $723-million private placement gives CITIC Metal a 19.9% stake in Ivanhoe, supplanting Friedland as the company’s largest shareholder.

That gives CITIC Metal the right to appoint two directors to an enlarged Ivanhoe board — most likely one of whom will be CITIC Metal’s president Sun Yufeng, who would become co-chairman of Ivanhoe with Friedland.

“That’s probably the best purchase of a mining asset in the last 30 years,” Friedland said. “These people have a lot of money, and they’re very serious. Chinese people never overpay.

They’ve had 5,000 years of mercan-

Taking in the view of NGEx Resources’ Josemaria copper-gold property in San Juan province, Argentina. NGEX RESOURCES

BY TRISH SAYWELL tsaywell@northernminer.com

N

GEx Resources (TSX: NGQ) is moving ahead with a prefeasibility study on its Josemaria copper-gold porphyry deposit in Argentina’s San Juan province, and believes it can wrap it up by January 2019.

The deposit contains 1.07 billion indicated tonnes grading 0.31% copper, 0.22 gram gold per tonne and 1 gram silver, or a 0.44% copper equivalent grade. That translates to a contained 7.4 billion lb. copper, 7.4 million oz. gold and 34.5 million oz. silver.

A feature of the resource is a near-surface, supergene enrichment zone, which contains 150 million indicated tonnes grading 0.56% copper and 0.38 gram gold for a 0.76% copper-equivalent grade.

“It looks like we would produce a high-quality copper concentrate,” NGEx president and CEO Wojtek

1-16, 23_AUG6_Main .indd 9

Wodzicki says in an interview, adding that because the deposit lies along a ridge (at an elevation of 4,300 metres) and starts from surface, the strip ratio would be very low.

“That supergene enrichment zone daylights on the ridge, so you can get into it very quickly, and that’s what drives production in the early years,” he says.

The open-pit project would source water from local aquifers, and the company says it has already found several possibilities within 10 km of the project.

“That’s another thing that distinguishes this project from a lot of its peers,” Wodzicki says. “A lot of them are going to have to look at desalinated seawater, but we have water supply nearby.”

Other factors in Josemaria’s favour, he says, includes Argentina’s well-defined permitting regime and support in many provinces for mineral development.

“We’re in San Juan province, See NGEX / 10

See FRIEDLAND / 12

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Workers and bagged samples at NGEx Resources’ Josemaria copper-gold project in Argentina. NGEX RESOURCES

Lundin’s NGEx sees big potential at Josemaria NGEX From 9

the big mining province in the country, so we have strong support from both national and provincial governments to push the project ahead.”

NGEx says it can fast-track the study because a lot of work has been done on the project already, including a preliminary economic assessment of Josemaria, in combination with a second deposit the company owns called Los Helados, 10 km away across the Andes in Chile.

The preliminary economic assessment, completed in January 2016, evaluated the economics of an open-pit mine at Josemaria followed by a block-cave underground mine at Los Helados, and a centralized mill facility.

Since that earlier study was completed, NGEx has acquired 100% of Josemaria — buying the 40% stake in the project held by its former partner, Japan Oil, Gas and Metals National Corp. — and wants to focus its efforts on getting Josemaria off the ground first.

The timing for a stand-alone development of Josemaria couldn’t be better, Wodzicki says.

“People are starting to really buy into — and justifiably — the strong, long-term story for copper,” he says. “When the big guys look at what projects are out there and have been advanced enough, the cupboard is pretty bare, and that has driven a lot of interest in our projects over the last six months.

“It’s fair to say we’ve seen more inbound inquiries ... and it just reflects the scarcity of advanced projects and the quality of what we’ve put together, and how much we’ve de-risked them over the last few years. A lot of junior companies

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“WE’VE SEEN MORE INBOUND INQUIRIES ... AND IT JUST REFLECTS THE SCARCITY OF ADVANCED PROJECTS AND THE QUALITY OF WHAT WE’VE PUT TOGETHER.” WOJTEK WODZICKI PRESIDENT AND CEO, NGEX RESOURCES

haven’t had the cash or ability to do that, and that has put our projects in a good position, and that has generated interest.

NGEx discovered both Jose-

maria and Los Helados through grassroots exploration.

Los Helados sits at an elevation of 4,500 metres and is 135 km from Copiapo, Chile.

NGEx owns 62% of the asset and Pan Pacific Copper Co. owns the other 38%. Pan Pacific Copper is a joint venture owned by two publicly listed Japanese companies: JX Nip-

At NGEx Resources’ Josemaria project, from left: geologist Juan Arrieta; geologist Martin Sanguinetti; CEO Wojtek Wodzicki; and vice-president of exploration Bob Carmichael. NGEX RESOURCES

pon Mining & Metals (68%) and Mitsui Mining & Smelting (32%).

The copper-gold porphyry deposit has an indicated resource of 2.1 billion tonnes grading 0.38% copper, 0.15 gram gold and 1.37 grams silver (0.48% copper equivalent) for contained metal of 17.6 billion lb. copper, 10.1 million oz. gold and 92.5 million oz. silver.

Inferred resources add 827 million tonnes averaging 0.32% copper, 0.10 gram gold and 1.32 grams silver (0.39% copper equivalent) for 5.8 billion lb. copper, 2.7 million oz. gold and 35.1 million oz. silver.

In addition to Los Helados and Josemaria, NGEx owns the Nacimientos project, 80 km south of Barrick Gold’s Veladero mine.

Results from scout holes at Nacimientos released in June include an intersection of 52 metres grading 0.40% copper and 0.35 gram gold (0.63% copper equivalent) starting from 16 metres below surface in hole 3. A second hole, collared 2 km northwest, cut 288 metres averaging 0.12% copper and 0.28 gram gold (0.30% copper equivalent) starting at 14 metres’ depth.

“It’s a cool new exploration project in San Juan province that we picked up last year,” Wodzicki says.

At 200 sq. km, Nacimientos is a large project and covers at least six porphyry copper-gold and epithermal gold targets.

“We like the size and scale and it reminds me of the early days at Los Helados and Josemaria,” Wodzicki says.

At press time NGEx Resources — part of the Lundin Goup of Companies— was trading at $1 per share within a 52-week range of 85¢ to $1.49. It has 227.6 million shares outstanding for a $227.6 million market capitalization. TNM

2018-07-31 8:49 PM

INDUSTRIAL METALS

GLOBAL MINING NEWS

THE NORTHERN MINER / AUGUST 6–19, 2018

11

BASE METALS SNAPSHOT

Eight companies on the hunt for base metals in the Americas The rise in base metal prices in 2017 and early 2018 has translated into a lively exploration and development scene amongst companies focused on base metals. Here are eight such companies.

(TSXV: SFX; US-OTC: DONFF) has a mandate to generate and acquire mineral exploration projects in Quebec.

In June, Canada Strategic Metals, Matamec Explorations and Sphinx Resources announced that Canada Strategic and Matamec closed a business combination to create a gold exploration company whose activities would focus on Quebec’s James Bay region, and call it “Quebec Precious Metals Corporation.”

BUNKER HILL MINING Toronto-based junior Bunker Hill Mining (CSE: BNKR; US-OTC: BHLL) says it is “uniquely positioned to redevelop one of the largest zinclead-silver deposits in the Americas not in production.” Its flagship asset is the dormant Bunker Hill mine in northern Idaho’s Silver Valley.

At the same time Canada Strategic has acquired Sphinx’s three gold projects in Quebec by way of an asset purchase, including Sphinx’s 50% interest in the CheechooÉléonore Trend project, as well as the remaining 50% interest in that project held by Sirios Resources.

Historic reserves and resources at Bunker Hill stand at 9.1 million tons (8.3 million tonnes) grading 5.08% zinc, 2.35% lead and 1.29 oz. silver per ton.

Management says there is “nearterm access to at least seven years of mineable material at 1,500 tons [1,400 tonnes] per day,” with the highest-grade zones running at more than 20% combined lead and zinc.

Bunker Hill notes the excellent infrastructure in the area, with paved road access, low-cost power, water, skilled labour and mining services. It says Idaho is “mining friendly and a ‘Right to Work’ state.”

GROUP TEN METALS Group Ten Metals’ (TSXV: PGE; US-OTC: PGEZF) mineral target is right in its name: if you look at a periodic table of the elements, the tenth column, or “group 10,” is comprised of nickel, palladium and platinum, plus the highly instable darmstadtium. The company wouldn’t hesitate to dip into column 11, with its copper, silver and gold, too.

The Vancouver-based junior’s three main projects are: its Stillwater West platinum group metals (PGM) project next to SibanyeStillwater’s Stillwater PGM mine in Montana; the Kluane PGM-nickelcopper project in the Yukon, by Nickel Creek Platinum’s worldclass PGM deposit; and the Black Lake-Drayton gold project in northwestern Ontario’s Rainy River belt.

The camp at Nickel Creek Platinum’s Nickel Shaw polymetallic project in the Yukon. NICKEL CREEK PLATINUM Gerais state.

While zinc is Nexa’s focus, its mineral portfolio also includes copper, lead and silver assets.

NICKEL CREEK PLATINUM Nickel Creek Platinum (TSX: NCP; US-OTC: NCPCF) — formerly Wellgreen Platinum — is focused on advancing its wholly owned Nickel Shaw project in the southwest corner of the Yukon, and says it could become “Canada’s next world-class nickel sulphide mine.”

The assets hosts over 2 billion lb. nickel, 1 billion lb. copper, 6 million oz. platinum group metals and 120 million lb. cobalt in the measured and indicated categories.

The company has had a spring its step since a new management team was assembled in 2016–2017 (including bringing in former Romarco Minerals exec Diane Garrett as president and CEO), and a new technical team has reanalyzed the entire deposit, and is carrying out more metallurgical studies.

Some of its big-name shareholders include the Electrum Fund,

In July Group Ten completed all earn-in requirements for the Drayton claim block within the Black Lake-Drayton project under an agreement first struck in 2012, and now owns 100% of the claims.

It also added to its land position in the immediate area.

Resource Capital Funds, Drake Private Investments and Tocqueville Gold Fund.

OSISKO METALS Osisko Metals (TSXV: OM; US-OTC: BWMXF) is the member of Osisko Group of Companies that is focused on base metals development — especially zinc assets.

Earlier this year it closed a $34-million acquisition of Pine Point Mining, and immediately kicked off a 50,000-metre drill program at the historic Pine Point zinc-lead property, 65 km east of Hay River, Northwest Territories.

The company also controls advanced-stage exploration ground in the Bathurst base metals camp in northern New Brunswick, where it similarly has a 50,000-metre drilling program on the go.

Osisko Metals says the two programs focus on exploration around historical deposits as well as verification of historical intercepts, and that brownfield exploration is being applied using “innovative 3-D techniques, advanced geological interpretation and cutting-edge geophysics.”

ROYAL NICKEL Toronto-based, Mark Selby-led Royal Nickel (TSX: RNX; US-OTC: RNKLF), or “RNC,” describes itself as a “multi-asset precious and base metal mining company with high-quality production and development assets in low-risk jurisdictions.”

Its principal assets are: the producing Beta Hunt gold-nickel mine in Western Australia; a 28% stake in the nickel joint venture that holds the Dumont nickel project in the Abitibi region of Quebec; a 27% stake in the producing Reed mine in the Flin Flon-Snow Lake region of Manitoba; and a 36% interest in gold explorer Orford Mining, which has assets in Quebec and the Carolinas.

The Beta Hunt mine produced 13,320 oz. gold in the second quarter, up 60% from the year-ago quarter.

RNC is selling Beta Hunt and expects to close a deal in August, and refocus on Dumont.

SPHINX RESOURCES Montreal-based Sphinx Resources

More recently, Sphinx raised $221,000 in a private placement and will focus on advancing its zinc projects Calumet-Sud, Tessouat, Tessouat-Sud and Obwondiag in southwestern Quebec’s Pontiac region.

TOACHI MINING Toronto-based junior Toachi Mining (TSXV: TIM; US-OTC: TIMGF) describes its La Plata property in north-central Ecuador as hosting a gold-rich, volcanogenic massive sulphide deposit.

La Plata was the subject of smallscale mining from 1975–1981

by Finnish giant Outokumpu, and modern drilling by Cambior from 1996–1999 and Cornerstone Capital from 2006–2009. Drilling at the property so far totals 14,500 metres.

At a 4 gram gold equivalent cut-off grade, the Plata deposit hosts an inferred resource of 1.9 million tonnes at 4.1 grams gold per tonne, 49.4 grams silver per tonne, 3.3% copper, 0.6% lead and 4.5% zinc.

Toachi is led by chairman Jonathan Goodman, and others involved in the company include independent directors Laurence Curtis, Peter Nixon, Ebe Scherkus and Carolina Vargas. TNM

Nuna Group of Companies

NEXA RESOURCES Nexa Resources (TSX: NEXA; NYSE: NEXA) is the big and brash new Brazilian zinc-mining entrant on the Toronto Stock Exchange and New York Stock Exchange, having ranked as one of the larger new listings in North America in recent times.

With a market capitalization of US$1.8 billion, Nexa at last count has revenues of US$1.9 billion, earnings before interest, taxes and depreciation and amortization of US$404 million, and 5,387 employees, mainly at mines, smelters and greenfield projects in Brazil and Peru. With over 60 years of experience developing and operating mining and smelting assets in Latin America, the integrated zinc major operates and owns five long-life underground mines: three in the Central Andes of Peru; and two in Brazil’s Minas

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ConstruCtion AnD Mining serviCes

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Robert Friedland: Ivanhoe is ready for the energy revolution FRIEDLAND From 9

tile history and they’re looking for a bargain.”

CITIC is not the only source of Chinese capital Friedland has tapped to help develop Ivanhoe’s assets.

He had George Fang, executive director of Beijing-based Zijin Mining Group, seated next to him during the presentation. Zijin holds a 9.9% stake in Ivanhoe Mines and a 39.6% stake in the Kamoa-Kakula copper project in the Democratic Republic of the Congo (DRC) — a joint venture between Zijin, Ivanhoe and the DRC government. After the CITIC deal, Zijin exercised its nondilution rights, kicking in another $78 million. Both CITIC and Zijin bought shares at $3.68 per share, a 42% premium over Ivanhoe’s price at the time of Friedland’s speech.

Ivanhoe’s stock is trading at $2.50 per share, a long way from the $4 to $5 per share range it traded in 2017.

To Friedland, it is but a sign of the good times ahead: “Financial markets always conspire to fool the largest number of participants. This is the nature of financial markets, and that’s why your instincts and the conclusions you reach when you read a newspaper are almost always wrong. When oil hit $25 per barrel in 2015, the Wall Street Journal and all the other newspapers that are good for wrapping dead fish on the third day were talking about $10 or $20 per barrel oil. And look what happened to the price of oil.

Nobody expected that.”

As with oil, so with Ivanhoe’s stock, Friedland suggested. The fundamentals, he insisted, are clear.

To start, demand for the minerals Ivanhoe plans to mine is set to explode as a result of unstoppable and metal-intensive socio-economic changes coming “tomorrow morning” — most especially urbanization and the energy revolution, including

“CITIC HAS THE TALLEST BUILDING IN THE CAPITAL OF CHINA. IT’S REALLY HARD TO GET A PERMIT TO GET THE TALLEST BUILDING, BECAUSE YOU’RE TALLER THAN EVERYBODY ELSE, SO WHATEVER COMPANY HAS THE TALLEST BUILDING MUST HAVE A LOT OF ACCESS TO THE POWERS THAT BE. THAT’S OUR PARTNER.” ROBERT FRIEDLAND EXECUTIVE CHAIRMAN, IVANHOE

the growth of electric vehicles (EVs).

“Two-point-four-billion people will be moving to cities in the next few decades. That’s 2,400 million people moving to cities. The growth is incredible because of the city lights, the nightclubs, the good food, the dancing girls. People head for the cities. It’s hard to stay out in the countryside growing vegetables when the cities are so exciting.”

In addition to the metals demand generated by urbanization — apartment construction, air conditioners, refrigerators, televisions, etc. — there’s the energy revolution and its need for metal-intensive batteries.

“China’s going to make 60 million cars per year. If 10% of them have a fuel cell, that would be equal to world production in platinum. And about 60% of platinum mines today are losing money at the current platinum price. That’s the kind of economics you want to find.”

Copper demand for EVs is going to rise ninefold in the next few years, Friedland said.

“When you cut apart a lithium-ion battery, it’s mainly copper,” he said.

“When you look at a Tesla Model S battery and rip it apart, 80% of the battery is nickel, 15% of the battery is cobalt. These are the metals you want. These are the metals that China is worried about having in

the event of a trade war. This is the new petroleum!”

Elon Musk may be the iconic figure of this new industrial world, but Friedland likes his spot at the table.

“Who made the most money from Henry Ford’s iron horse? Who’s the guy who printed all the money? It was John D. Rockefeller.”

Ivanhoe is gearing up to capitalize on this incipient boom in demand with its three advanced sub-Saharan African copper-gold, zinc and platinum group metal projects.

“These are actually the three best development projects on this planet,” Friedland said. “No bullshit. We can say that to anybody. Nobody can put their hand up and deny it.”

First, there is the Kipushi highgrade zinc-copper project in the DRC’s Haut-Katanga province.

Ivanhoe holds a 68% interest in Kipushi under a joint-venture agreement with the DRC’s stateow ned mining company, Gécamines. As of an updated resource estimate released on July 30, measured and indicated resources at Kipushi, primarily in the Big Zinc zone, have increased to 11.78 million tonnes grading 35.34% zinc, 0.80% copper, 23 grams silver per tonne and 64 grams germanium per tonne, at a 7% zinc cut-off grade — or an estimated 9.2 billion lb.

Portals for twin declines at Ivanhoe Mines’ Kakula copper project in the Democratic Republic of the Congo. IVANHOE MINES

1-16, 23_AUG6_Main .indd 12

Robert Friedland, executive chairman of Ivanhoe Mines, hoists his Lifetime Achievement Awards at the The Northern Miner’s 2017 Canadian Mining Symposium in London, United Kingdom. THE NORTHERN MINER

contained zinc.

Second, there is the KamoaKakula project — a near-surface, stratiform copper deposit outside the city of Kolwezi in the DRC’s Lualaba province. Kamoa-Kakula has the same ownership structure as Kipushi — 68% owned by Ivanhoe and 32% owned by Gécamines.

Said Friedland, “At Kamoa-Kakula we’re developing the richest copper discovery on the planet. This is the fourth largest copper discovery ever made by human beings already.

We’re actually working now to target our head grade for the first six years at north of 10% copper — the highest copper grade of any mine in the world being built by an order of magnitude.”

Finally, there is the Platreef project on the Northern Limb of South Af-

rica’s Bushveld Igneous Complex, the world’s premier platinum-producing region.

Said Friedland: “The Platreef mine is the largest precious metals mine in the world that can be mechanized.

It’s by far the best precious metals mine [in the world]. Our numberone shaft is 750 metres deep. We touch the orebody in a few weeks.

We’re going sideways now. We’re going to start at about 500,000 ounces of metal, a little more than that when you throw in the nickel and the copper. [It will be] the lowest-cost producer of platinum, palladium, gold, rhodium, nickel and copper in the world.”

“There are 42 million oz. of precious metal for phase one that has been drilled out and proven. This a high cut of 100 million ounces. These are real, proven reserves. Bottom of the world cost curve.”

The improving outlook for minerals and Ivanhoe’s three tier-one mining assets were not the only part of Freidland’s pitch. He was sure to drive home his connections to the upper echelons of governments all over the world.

Discussing Ivanhoe’s newest partner, CITIC, Friedland said, “CITIC has the tallest building in the capital of China. It’s really hard to get a permit to get the tallest building, because you’re taller than everybody else, so whatever company has the tallest building must have a lot of access to the powers that be. That’s our partner.”

As for Chinese President Xi Jinping, Friedland said, “We have a lot of people who know him quite well.”

The Platreef mine has seen the most local opposition of Ivanhoe’s three assets. Lucky for Friedland, he noted that “one of our directors, or former directors,” is none other than new South African President Cyril Ramaphosa.

Discussing the trade war that has sent Ivanhoe’s shares, in tandem with the prices of the commodities it plans to mine, tumbling downwards in recent weeks, Friedland remarked, “One man, one man launched this trade war. I know him.

I’ve actually had dinner with ‘The Donald’. I don’t know how many of you have, but I’ve actually had dinner with him.”

Not to be left unheard, Friedland later questioned the audience, “How many people have actually had dinner with Donald Trump? Raise your hand.”

Gazing upon a silent crowd with the same unwavering vivaciousness that has made him the industry’s most legendary promoter, Friedland exclaimed, “Oh my God! I’m actually the only person in the room who has met the guy.” TNM

2018-07-31 8:49 PM

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A trench at the Mitchi copper property. KINTAVAR EXPLORATION

Workers cleaning a trench at Kintavar Exploration’s Mitchi copper project in Quebec. KINTAVAR EXPLORATION

Workers cutting a channel at Mitchi. KINTAVAR EXPLORATION

Kintavar bets on Mitchi in Quebec

COPPER

BY TRISH SAYWELL tsaywell@northernminer.com

N

oranda was poking around 300 km north of Montreal, Que., in the 1970s when it drilled into what it believed was a skarn deposit grading around 0.5% copper, and walked away because it was too low grade.

That ground, now known as the Mitchi project, today belongs to Kintavar Exploration (TSXV: KTR), a junior explorer whose work over the last year has served up some pleasant surprises.

Kintavar says it has found a nearsurface and folded sedimentary system in the eastern part of the property that can be traced for kilometre after kilometre, and displays characteristics that suggest the presence of a sediment-hosted, stratiform copper-type deposit.

“Instead of following the skarn model, we said we’ll trench the whole thing and open it up and see what’s there,” Kintavar’s president and CEO Kiril Mugerman says in a telephone interview from Montreal.

“Once we trenched it, we realized we weren’t dealing with a skarn but with a sedimentary system, like those in the Democratic Republic of the Congo.”

But unlike those deep sedimenthosted stratiform copper deposits in the DRC, Mugerman says, copper mineralization at Mitchi is near-surface and shallow dipping, which means it could be mined as an open pit.

“Stratiform copper deposits are usually deep underground — none of them are exposed in an open-pit,” he says. “But ours is flat and shallow.

It’s almost like a coal seam: long and continuous.”

In Mitchi’s case, it was high-grade metamorphism and folding of the Grenville rocks that brought the mineralization to surface. (The property is in the northwestern part of the Central metasedimentary belt of the Grenville geological province.)

“Where we are, the unit is fair-

1-16, 23_AUG6_Main .indd 13

| Junior to drill stratiform copper prospect in Grenville geological province

“ONCE WE TRENCHED IT, WE REALIZED WE WEREN’T DEALING WITH A SKARN BUT WITH A SEDIMENTARY SYSTEM, LIKE THOSE IN THE DRC.” KIRIL MUGERMAN PRESIDENT AND CEO, KINTAVAR EXPLORATION

ly thick by itself and folded, and because of the folding you have structural enrichment,” Mugerman explains. “Think of it as a piece of paper that is folded several times, and when you cut it, you intercept the paper several times.”

Initial surface work found copper and silver mineralization for over 20 km along three corridors — Watson, Sherlock and Nasigon — with grades ranging from 0.5% copper to 1% copper. Each corridor holds a bit over 10 km of favourable sedimentary units that are 5 to 7 km apart.

“The volume potential is huge,” Mugerman says.

Last year, channel samples from Watson yielded 13.6 metres grading 0.54% copper, 5.29 grams silver per tonne and 0.57% manganese, and 3 metres of 0.61% copper, 6.02 grams silver and 0.53% manganese. At Sherlock, a channel sample returned 21.4 metres of 0.49% copper and 5.5 grams silver, and at Nasigon, 10 metres of 1.1% copper and 3.4 grams silver.

This year, Kintavar is undertaking a 10,000-metre drill program, and early results seem encouraging.

Drilling in the Sherlock corridor has intersected over 100 metres of copper mineralization in four of 12 drill holes.

Highlights include a 120-metre intercept grading 0.34% copper and 2.90 grams silver per tonne from 9 metres downhole (including 30 metres of 0.61% copper and 3.76 grams silver from 99 metres downhole) in hole 17-3, and 0.31% copper and 2.85 grams silver over 131 metres from 44 metres downhole

in hole 17-4. Another hole, 17-8, cut 206 metres of 0.18% copper and 1.65 grams silver from 4 metres down hole, including 22 metres of 0.52% copper and 5.62 gram silver from 43 metres downhole.

After those results, Mugerman says, the company was approached by a number of majors, and Kintavar met many of them at the Prospectors & Developers Association of Canada convention in March.

The company recently raised $10 million — half from Quebec institutions. Caisse de Dépôt took the largest position and became an insider, with a 16% stake for $3.8 million.

The junior explorer is tightly held, with less than 100 million shares outstanding (90 million fully diluted).

Geomega Resources (TSXV: GMA), which spun off Kintavar a year and a half ago, and is also run

by Mugerman, owns 25%. Quebec funds own another 25%, and local investors — many of them people in the region’s forestry industry who live close to the project — own another 25%.

The 280 sq. km project, the southern part of which is 300 km north of Montreal, is accessible by a network of logging and gravel roads, with a hydroelectric power substation 14 km east. Mitchi is also just 50 km south of Parent, which has a railroad link to Rouyn-Noranda. The project has so much infrastructure, Mugerman likes to joke, that it even has a postal code.

Mugerman notes that there are under 10 known sediment-hosted stratiform copper deposits in North America, among them White Pine

and Copperwood in Michigan, Spar Lake in Montana, Creta in Oklahoma and Redstone in the Northwest Territories.

Traditionally, the Grenville province — which stretches from Labrador to Mexico — has not been considered a good place to look for them, he says.

“You need a sedimentary basin, but not every one of them will have the right conditions,” he says. “Underneath the sedimentary basin you need the right rocks that have just enough copper to be leached out, then you need the perfect conditions to precipitate it.

“They are not that rare — you find them — but the problem is

they’re always too deep,” he says. As a consequence, they are not always economically significant deposits.

“The monsters in the DRC are unique because they are 5-metreplus thicknesses at depths of between 400 and 600 metres, and grades of 3–10% copper, just unbelievable. Everywhere else they are not as thick or as high-grade.”

It’s still early days, but Mugerman wonders whether Mitchi could turn out to be a monster, too.

In the meantime, the company is getting a better sense of how to spot them in a Grenville setting, and is investigating more targets.

“We think there could be more.”

TNM

Focused on Zinc in Quebec s Project generator business model

key to maximizing long term shareholder value

s Deals made with strong partners:

Goldcorp, Osisko Metals, SOQUEM s Team of three mine finders in

Eastern Canada

(514) 979-4746 | TSX-V : SFX

www.sphinxresources.ca

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Surface facilities at Codelco’s Chuquicamata underground mine, under construction in Chile. CODELCO

Renewable energy to drive copper demand, BMO says FORECAST

BY TRISH SAYWELL

R

tsaywell@northernminer.com

enewable energy will drive demand growth for copper over the coming years, according to a recent study by BMO Capital Markets.

“The need to connect significant numbers of small-scale, electricity-generation units into the grid provides a major boost to copper, with solar generation capacity set to triple and wind capacity set to double by 2025.”

Global copper demand is 30 million tonnes per year. BMO forecasts copper demand growth rates through 2030 will be above a 3% compound annual growth rate, “marking an acceleration on the growth rates seen over the past 20 years.”

As a result, BMO has added 1 million tonnes a year of global copper consumption through 2025, compared with its earlier estimates.

“We see the need for 5 million tonnes per year of new projects from new primary mine supply to solve the expected supply gap and bring the market into equilibrium over the 2025–2030 period.”

BMO has raised its long-run copper price to US$3.25 per pound (US$7,165 per tonne).

“Changing long-run commodity prices should be a rare event, and should only take place where there is a market shift in the future outlook,” the study reported. “That event is the step-change we expect in demand expectations, driven by renewables and electric vehicles.”

The numbers indicate that infrastructure and electrical networks make up 35% of copper demand, while construction makes up 24%; goods and consumer products, 24%;

1-16, 23_AUG6_Main .indd 14

| Copper-project pipeline the lowest level in a century, bank says machinery, 10%; and transporta- BMO FORECASTS RENEWABLE GRID copper mines in the world in 2007 tion, 7%. produced 4.8 million tonnes of BMO forecasts renewable grid INFRASTRUCTURE WILL ACCOUNT FOR copper [in 2005 this number was in infrastructure will account for 74% OF ALL COPPER DEMAND GROWTH excess of 5 million tonnes]. Those 74% of all copper demand growth same operations in 2017 produced TO 2025. to 2025.

4.3 million tonnes.

The growth in copper demand is happening at a time when “the current and highly probable copper pipeline is at the lowest level we have seen this century, both in terms of the number of projects and capacity,” the study stated.

Existing assets also suffer from

lower grades and underperformance.

“Twenty years ago, the average grade of a working copper mine was 1.6%,” the study’s authors note.

“Now, it is 1%.”

“The perennial struggles of existing copper assets, particularly the large operations, have posed the biggest hurdle to overall supply growth,” the study states. “To put this in context, the largest 10

“We have slight growth [predisruption] from existing assets through 2021, but after this point — with many SX-EW operations hitting end-of-life — the decline accelerates. By 2025, we see a drop of 1.53 million tonnes per year from existing operations.” TNM

Solar panels at B2Gold’s 7-megawatt solar power plant at the Otjikoto gold mine in Nambia. IAMGOLD

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Wheaton buys gold and palladium stream from Sibanye-Stillwater MONTANA

| US$500-million deal adds assets that will deliver for decades, Wheaton says

BY TRISH SAYWELL

L

tsaywell@northernminer.com

ess than a month after paying US$390 million in cash for a cobalt stream from Vale’s (NYSE: VALE) Voisey’s Bay mine on the north coast of Labrador, Wheaton Precious Metals (TSX: WPM; NYSE: WPM) is making headlines again, with the US$500-million purchase of a gold and palladium stream from Sibanye-Stillwater’s (NYSE: SBGL) platinum group metal assets in the Beartooth Mountains of south-central Montana.

The PGM assets include two producing underground mines — Stillwater and East Boulder — along with 12 km of undeveloped mineralization in between that is associated with the J-M Reef deposit.

In addition, the Blitz project at the Stillwater mine — which started ore production last year — is expected to drive growth, with full production by 2021–2022.

The Stillwater mine has operated since 1986 and produces 676,000 tonnes per year of platinum and palladium in concentrate, while East Boulder, open since 2002, produces 580,000 tonnes platinum and palladium concentrate each year.

Under the deal, Wheaton will make payments equal to 18% of the spot gold price and spot palladium price until the US$500-million cash payment lowers to zero, and 22% of the spot gold and palladium price thereafter.

Stillwater’s assets will contribute production and cash flow for decades to come, Randy Smallwood, Wheaton’s president and CEO, told analysts and investors on a conference call.

“Stillwater represented an attractive opportunity to acquire both gold and palladium from one of the lowest-cost, highest-margin platinum group metal mines in the world, and unlike the vast majority of PGM mines, Stillwater is located in a very low political risk jurisdiction,” Smallwood said. “While palladium is a new precious metal to our streaming interests, we believe it has strong fundamentals on both the supply and demand bases.”

Wheaton estimates the annual stream from all of the Stillwater assets starting in 2019 will average 14,500 oz. gold and 29,000 oz. palladium — about 37,000 equivalent oz. gold a year. (It forecasts 14,700 oz. gold and 24,000 oz. palladium as the 20-year annual average.)

“This stream adds decades of gold and palladium production, as the existing mine plan has 24 years based

Published by:

Sibanye-Stillwater’s Stillwater PGM mine in Montana, near the Beartooth Mountains. SIBANYE-STILLWATER

on reserves, along with significant inferred mineral resources, as well as what I would describe as incredible exploration potential that could extend its life well beyond that.

“It’s the lowest-risk exploration potential I have seen for a very long time in this industry,” Smallwood continued, noting that mineralization traces continuously for more than 32 kilometres.

“It’s wide open in depth and wide open at both ends, and this asset will be delivering metal for a very long time.”

Wheaton is funding the acquisition from its revolving-credit facility and says its US$600 million of operating cash flow a year will lower debt quickly, even at current

commodity prices.

Commenting on Wheaton’s recent foray into cobalt and now palladium, Smallwood said Wheaton will remain a precious metals-focused company.

“The Voisey’s Bay cobalt stream represented a very unique opportunity — it’s not really a cobalt stream, it’s a Voisey’s Bay cobalt stream — and I differentiate that from so much of the other cobalt production around the world,” he said. “Palladium we do consider a precious metal, along with platinum, and we’ve spent plenty of time looking at PGM assets. This is the first one that met our criteria for political risk and economics.

“My preference is silver — I still

“WHILE PALLADIUM IS A NEW PRECIOUS METAL TO OUR STREAMING INTERESTS, WE BELIEVE IT HAS STRONG FUNDAMENTALS ON BOTH THE SUPPLY AND DEMAND BASES.” RANDY SMALLWOOD PRESIDENT AND CEO, WHEATON PRECIOUS METALS

think silver has got the best upside potential, but we’re more than happy to stay focused on the precious metals, and we will not go into the base metals space. We will not go into the oil and gas space.”

The addition of the StillwaterBlitz and East Boulder mines bring

Wheaton’s operating mines to 20, and development projects to nine.

“Wheaton Precious Metals continues to grow the business at a time when few are in the mining industry,” Cosmos Chiu, a mining analyst at CIBC, said in a research note. TNM

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2018-07-31 8:49 PM

16

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AUGUST 6–19, 2018 / THE NORTHERN MINER

The portal at Agnico Eagle Mines’ Meliadine gold project in 2016. AGNICO EAGLE MINES

Agnico’s Sean Boyd says Meliadine to produce in Q2 2019 SEAN BOYD From 2

SB: Yeah, it’s a bit more difficult for solar, but they’ve used wind at Raglan, and at one of the diamond operations ... you’ve always got to have back up. We hope and believe it’s feasible to run a power line from Churchill, Manitoba. We’ll see. But the best precursor to that is to develop an alternative to diesel in the interim — like a wind farm — not only to benefit Meliadine, but also to benefit Rankin Inlet, and maybe some other communities.

TNM: Some of the power generators you’ve purchased for the power plant are dual-fuel capable — diesel or natural gas.

SB: Yes, you’ve got to keep your options open. If you look at Meadowbank, we’re shipping 65 million litres of diesel up there. We’d love an

alternative, and I think the federal government is quite interested in that angle, but there isn’t a cleaner alternative for us at the moment.

If we can work with the federal government and invest together to create that alternative, then everybody wins.

As we’ve said in the last couple of weeks, this is the first time we’ve seen a receptive federal government that’s looking at the things that we’re working on from a prospect of maybe partnering on some of these. And part of that discussion revolved around the carbon tax that the federal government has been talking about. The carbon tax is designed to force businesses to alternative sources of energy. At present there is none in Nunavut other than diesel.

And so we’ve got a number of proposals on the table around investing in alternatives, the primary one being a wind farm and possibly a

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“WE’RE STARTING TO STEP OUT ON THE BROADER LAND PACKAGE, AND THERE’S NO SHORTAGE OF TARGETS. IF THERE ARE DEPOSITS OUT THERE, WE’LL FIND THEM.” SEAN BOYD CEO, AGNICO EAGLE MINES

power line running from Churchill.

As far as the actual cost savings, it’s hard to quantify those, because you’ve got an initial investment that goes with it as well. But that’s the number-one opportunity we have in terms of creating a cost template that has staying power in this part of the world.

We know there are more deposits out there to be found. The opportunity for us is to keep our costs down, particularly around the energy side, which represents 20% of doing business up here, and ultimately we can turn those deposits into mines. A number of us have met with senior cabinet ministers over the last little while, and for the first time, we’re seeing a receptive audience. And they’re looking at it as a potential partnership to work with us, to create the conditions for more resource development in Nunavut.

It’s a comprehensive proposal not just to benefit our business here, but also to benefit the communities, because those communities are operating off diesel generators that are in some cases 50 years old, and that’s been the attraction. We get words used like “sovereignty,” “northern development,” “helping indigenous communities,” “infrastructure,” “a greener alternative” — you can connect all these dots, and that’s the attractiveness at the government level, including the Nunavut government level and certainly local communities.

There are a number of parties that could benefit here and our people have been working on different concepts for a number of years and finally, we’re getting a lot of reception at the government level because they are connecting these dots as well.

TNM: Agnico has a first-mover advantage in the North.

SB: When we bought Cumberland Resources back in 2007, it came with a 400 sq. km land package, and we now have more than 5,000 square kilometres. That’s a large land package that covers a lot of greenstone belts, and we’re only just getting

started. We’ve been more focused on Meliadine and Meadowbank, but now we’re starting to step out on the broader land package, and there’s no shortage of targets. If there are deposits out there, we’ll find them. Then it’s: do we have a cost structure that allows us to turn those deposits into meaningful cash-flow generators?

TNM: What is Agnico’s exploration budget this year?

SB: Our total exploration budget is US$157 million for 2018. Of that, we’d be spending about US$50 million in Nunavut, and some of that is for a ramp at Amaruq. And that budget is just based on results. We would expect that we’ll continue at those types of levels for the next few years because of the quality of the targets.

TNM: How onerous is permitting in Nunavut?

SB: Fairly straightforward, but it is a lengthy process because you’re basically dealing at the federal level, at the local level, at the government of Nunavut level — you’re working with the Inuit business associations and Inuit partners, so it’s a lot of work, but it’s a very understandable process. It’s a process that doesn’t come with a lot of negative surprises. It’s a lot of work but we’ve gotten better at it. We’ve permitted Meadowbank and we’ve permitted Meliadine.

TNM: The timing seems right for developing the North. Prime Minister Justin Trudeau seems interested in northern issues and making up for lost time.

SB: It’s more than that. We’ve discussed this with senior members of the federal government. If you look at Canada from the outside, it’s not always viewed as a great place to invest dollars. And as we’ve explained to the government, 75% of our shareholders are not Canadian.

One hundred percent of our debt

holders are not Canadian. Essentially right now, we’re acquiring capital from outside and spending it largely in Canada. How great is that?

We’re investing in a region that’s only going to grow in terms of its importance from a wealth-generation standpoint. The government campaigned on the north, on infrastructure, on indigenous people, and that’s something we do every single day up here, so all we’ve been doing in the last couple of years is just reinforcing and communicating the potential we see, and we’ve reached out to the government at the highest levels. They’ve concluded that we’re covering a lot of bases here, something that as a government they need to follow up with investment dollars towards, because if you can come up with a cleaner and cheaper source of generating the energy that’s needed — not only for the communities, but also for the resource business — then you’re just going to open it up. But you’ve got to do it responsibly and in conjunction with the people of Nunavut.

As Canadians it’s time to send the message that the North is open for business and as Canadians we should be investing in the north, because it just gives us tremendous potential, not just in business but in the people in the North.

One of the things that our chairman, James Nasso, has been at the forefront of is the need for a university here. He thinks that Agnico could put up $5 million to help that process along because we think it’s time, and it just makes sense.

You need to bring communications up here, you need to broaden the education, you need to create the conditions for people to be successful, and not just work for resource companies, but develop their own businesses. It’s exciting.

Next year we’ll have two mine openings. We’ll be opening up Meliadine and we’ll be opening up Amaruq. And that’s creating a tremendous number of jobs up here, and if you’re a government that’s looking to invest in infrastructure, why wouldn’t you want to get involved with something like this? That’s what they’re also seeing.

The combined investment is US$1.2 billion for Amaruq and Meliadine over three years.

TNM: Do you sleep well at night?

SB: Oh, yes. Because I’m in good hands up here. TNM

2018-07-31 8:49 PM

GLOBAL MINING NEWS

THE NORTHERN MINER / AUGUST 6–19, 2018

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AUGUST 6–19, 2018 / THE NORTHERN MINER

M A R K E T N EWS TORONTO STOCK EXCHANGE / JULY 23–27 Canada’s benchmark index fell 0.25% to 16,393.95. The S&P/TSX Global Mining Index rose 0.98% to 72.68, while the S&P/TSX Global Gold Index fell 3.58% to 182.08. The gold price fell 0.67% to US$1,223.2.

Shares of Alacer Gold rose 11.4% to $2.93. In July the company reported positive drill results from its Ardich gold prospect in Turkey, near the company’s producing Copler gold mine. The company announced results from another 25 holes on the prospect to go with results from 18 previously announced holes. Highlights include 3.01 grams gold per tonne over 50 metres from 43 metres downhole and 2.21 grams gold over 69 metres from 36 metres downhole. Mineralization at Ardich is open in all directions. The company says initial metallurgy indicates the ore is suitable for heap leaching.

The company, however, reported a net loss for 2018’s second quarter of US$23.4 million, down from a US$29.5-million net profit in the same quarter of the previous year. For the first half of 2018, the company reported an US$11.4-million net profit, down from US$41.7 million the previous year.

Shares of New Gold fell 34.1% to $1.64 after the company announced it was lowering its production guidance for 2018, from as much as 595,000 oz. gold to as much as

480,000 oz. gold. It attributed the decrease to “variability in the process facility’s startup performance and lower gold grade and recoveries” at its Rainy River gold mine, which is in its first year.

New Gold expects Rainy River will produce 250,000 oz. gold, down from as much as 350,000 oz. gold. It also cut the production guidance from its Cerro San Pedro gold mine in half, down to as much as 15,000 oz. gold.

All-in sustaining costs rose as a result of the lower-than-expected production to as much as US$1,120 per oz. gold, compared to original estimates of as much as US$900 per oz. gold.

The company added that it has finished an updated life-of-mine plan for Rainy TSX MOST ACTIVE ISSUES

New Gold Largo Res Nemaska Lith Nevsun Res Barrick Gold Suncor Energy Yamana Gold First Quantum HudBay Mnls Goldcorp

VOLUME WEEK (000s) HIGH LOW CLOSE CHANGE

NGD LGO NMX NSU ABX SU YRI FM HBM G

22470 2.51 1.64 1.64 - 0.85 18387 2.68 1.66 2.03 + 0.35 17839 0.84 0.72 0.75 - 0.08 14879 4.91 4.68 4.85 + 0.16 14020 16.07 14.30 14.66 - 1.57 13960 54.95 52.64 54.81 + 0.81 13280 4.09 3.61 3.96 + 0.25 11071 19.44 17.82 19.05 + 1.15 10188 7.15 6.73 6.78 - 0.15 9310 17.78 16.18 16.34 - 1.51

River that it will release this August.

Shares of First Quantum Minerals rose $1.15 to $19.05. The company produced 150,950 tonnes copper in the year’s second quarter — up from 141,912 tonnes copper a year ago — as sales rose to 152,403 tonnes copper, versus 139,521 tonnes copper a year ago. However, all-in sustaining costs also rose 26¢ per lb. copper to US$1.76.

The company’s gold production fell to

46,467 oz. gold for the quarter, down from 50,040 oz. gold a year ago. Gold sales also fell to 48,172 oz. gold for the quarter, down from 52,020 oz. gold a year ago.

The company is also facing labour disputes at its Cobre las Cruces copper mine in Spain, where it was reported that 85% of the 800-person workforce has gone on strike.

The strikers are demanding “toxic bonuses” for subcontractors. TNM

TSX GREATEST PERCENTAGE CHANGE

Forsys Metals Largo Res Argex Titanium Scandium Intl Wallbridge Mng Platinum Gp Mt Alacer Gold U3O8 Corp Nthn Dynasty TMAC Resources EurOmax Res New Gold Talon Metals RTG Mining Golden Mnls Starcore Intl Lithium Amer General Moly Imperial Metal Yorbeau Res

FSY LGO RGX SCY WM PTM ASR UWE NDM TMR EOX NGD TLO RTG AUMN SAM LAC GMO III YRB

1303 18387 749 465 5344 437 2299 202 1002 151 186 22470 265 50 83 260 841 26 359 174

0.24 2.68 0.04 0.17 0.10 0.15 2.93 0.35 0.75 7.20 0.16 2.51 0.10 0.12 0.44 0.14 6.12 0.60 1.65 0.04

0.19 1.66 0.04 0.15 0.00 0.13 2.64 0.00 0.64 6.43 0.00 1.64 0.08 0.10 0.36 0.11 5.18 0.52 1.33 0.04

0.23 2.03 0.04 0.17 0.09 0.15 2.93 0.35 0.74 7.15 0.13 1.64 0.09 0.10 0.37 0.13 5.24 0.52 1.39 0.04

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

TSX GREATEST VALUE CHANGE

VOLUME WEEK (000s) HIGH LOW CLOSE CHANGE

Teck Res Teck Res Nutrien First Quantum Labrador Iron Suncor Energy Nexa Resources Caledonia Mng Endeavour Mng TMAC Resources Agnico Eagle Franco-Nevada Barrick Gold Goldcorp Torex Gold New Gold Lithium Amer Detour Gold Silver Wheaton Cameco Corp

21.1 20.8 14.3 13.3 13.3 11.5 11.4 11.1 10.4 10.0 35.0 34.1 22.7 16.7 14.0 13.8 13.7 13.3 13.1 12.5

VOLUME WEEK (000s) CLOSE CHANGE

TECK.B TECK.A NTR FM LIF SU NEXA CAL EDV TMR AEM FNV ABX G TXG NGD LAC DGC WPM CCO

7037 33.82 10 33.93 2769 70.28 11071 19.05 845 24.98 13960 54.81 7 17.27 42 11.89 686 23.90 151 7.15 3017 54.54 1605 95.04 14020 14.66 9310 16.34 2516 10.02 22470 1.64 841 5.24 4497 12.57 2220 27.36 7400 14.11

+ 1.82 + 1.76 + 1.45 + 1.15 + 0.95 + 0.81 + 0.79 + 0.72 + 0.66 + 0.65 - 5.84 - 2.85 - 1.57 - 1.51 - 0.89 - 0.85 - 0.83 - 0.65 - 0.59 - 0.53

TSX VENTURE EXCHANGE / JULY 23–27 The S&P/TSX Venture Composite Index fell 1% to end the trading week at 707.37.

Sokoman Iron shares rose 263% to 15¢ after the company struck gold with the first hole at its recently acquired Moosehead Gold project in central Newfoundland.

The hole found a quartz vein with 50 specks of visible gold at a hole depth of 115 metres — 80 metres up from the intended target of the drill hole. It was drilled to test the up-dip potential of a historical intercept in 2003 by Moosehead’s previous owner, Altius Resources. That intercept returned 278 grams gold per tonne over 0.45 metre at 257 metres downhole. The quartz vein lies between Moosehead ’s Western and Eastern trends, which could indicate a new trend. Sokoman will wait for assay results and finish a downhole televiewer survey to plan more drilling on the new zone.

Sokoman will continue its drill program focusing on the shallow mineralization of Moosehead’s Western trend. The program will encompass 2,000 metres of drilling over 12 to 15 holes and take six weeks to complete.

Sokoman is also focused on the Central Newfoundland gold project and the Clarks Brook gold project. The Central Newfound-

land gold project has 220 mineral claims across three newly acquired project areas — East Alder, Crippleback Lake and Princess Lake — on the Cape Ray-Valentine Lake-Alder Zone structural trend. Sokomon recently drilled the Clarks Brook gold project in its phase-two drilling program, where it intersected a network of narrow, pyritic quartz veinlets that returned 3.74 grams gold over 3.1 metres.

Meta ls Creek Resources shares increased 50% to 9¢, af ter the company tabled assays from 12 grab samples taken from the newly found Totem South gold zone on the Great Brehat gold project in northern Newfoundland. The samples ranged up to 0.823 gram gold per tonne TSX-V MOST ACTIVE ISSUES

Sokoman Iron Leeta Gold Maple Gold Tasca Res Belmont Res Rizal Res Metals Creek ZincX Res Gratomic First Cobalt

VOLUME WEEK (000s) HIGH LOW CLOSE CHANGE

SIC 62941 HIVE 10870 MGM 10032 TAC 9025 BEA 6685 RZL 6233 MEK 6177 ZNX 6139 GRAT 6127 FCC 5017

0.19 1.04 0.15 0.11 0.10 0.05 0.11 0.75 0.12 0.38

0.05 0.84 0.10 0.06 0.07 0.02 0.06 0.52 0.10 0.32

0.18 + 0.12 0.93 + 0.12 0.13 - 0.02 0.07 + 0.01 0.10 + 0.03 0.03 + 0.02 0.09 + 0.03 0.58 - 0.01 0.11 - 0.01 0.36 unch 0.00

with an average grade of 0.143 gram gold.

The company will carry out follow-up sampling.

The Great Brehat property is next to White Metal Resources’ Gunners Cove property.

Grab samples there have returned 5.86 grams gold, 8 grams silver, 0.13% copper and 0.0375% molybdenum. Metals Creek staked its claims at Great Brehat to cover geology similar to

that of White Metals Resources.

The company’s flagship property is Ogden, a fifty-fifty joint venture with major Goldcorp.

Ogden has over 8 km of strike length along the Porcupine-Destor Break in the Timmins area of northern Ontario. Recent drilling results include intercepts of 210.19 grams gold over 12.5 metres, with 2,732 grams gold over 0.93 metre. TNM

TSX-V GREATEST PERCENTAGE CHANGE

Galway Gold Sokoman Iron Rizal Res Tolima Gold Gespeg Cop Res AsiaBaseMetals Scorpio Gold Candelaria Mg Metals Creek ExGen Res Inc Antler Hill Nevado Res Havilah Mining Pan Andean Min Buffalo Coal Essex Minerals Northern Uran Valterra Res Indico Res War Eagle Mg

GLW SIC RZL TOM GCR ABZ SGN CAND MEK EXG AHM.H VDO.H HMC PAD BUF ESX UNO VQA IDI WAR

302 62941 6233 986 1520 27 1903 23 6177 51 126 347 2502 272 85 356 95 375 384 1581

0.18 0.19 0.05 0.01 0.04 0.40 0.03 0.65 0.11 0.02 0.20 0.02 0.69 0.12 0.02 0.12 0.02 0.03 0.02 0.13

0.00 0.05 0.02 0.01 0.03 0.00 0.02 0.41 0.06 0.01 0.09 0.01 0.34 0.08 0.00 0.07 0.01 0.02 0.01 0.07

0.15 0.18 0.03 0.01 0.04 0.38 0.03 0.65 0.09 0.02 0.09 0.01 0.34 0.08 0.01 0.08 0.01 0.02 0.01 0.08

TSX-V GREATEST VALUE CHANGE

VOLUME WEEK (000s) HIGH LOW CLOSE CHANGE

+ 262.5 + 200.0 + 100.0 + 100.0 + 75.0 + 72.7 + 66.7 + 60.5 + 50.0 + 50.0 - 53.8 - 50.0 - 46.8 - 37.5 - 33.3 - 33.3 - 33.3 - 33.3 - 33.3 - 31.8

VOLUME WEEK (000s) CLOSE CHANGE

Hut 8 Mining Novo Res SilverCrest Mt Prospector Res Candelaria Mg Maya Gold &Sil Cornerstone Mt AsiaBaseMetals Neo Lithium EMX Royalty Cobalt 27 Cap Till Capital Havilah Mining Wealth Mnrls Kitrinor Mtls MacMillan Mnls Aurania Res Abitibi Royalt Titanium Corp Ascot Res

HUT NVO SIL RIO CAND MYA CCC ABZ NLC EMX KBLT TIL HMC WML SCYB MMX ARU RZZ TIC AOT

242 3.55 471 4.30 968 3.55 156 1.00 23 0.65 779 2.96 1708 1.13 27 0.38 3683 1.29 72 1.60 1310 7.25 0 2.00 2502 0.34 1107 0.65 2650 3.49 31 2.00 53 2.01 5 10.00 59 0.75 230 0.96

+ 0.56 + 0.43 + 0.29 + 0.25 + 0.25 + 0.19 + 0.16 + 0.16 + 0.15 + 0.15 - 0.33 - 0.33 - 0.30 - 0.26 - 0.24 - 0.22 - 0.17 - 0.15 - 0.15 - 0.14

U.S. MARKETS / JULY 23–27 Spot gold prices fell US$$5.20 over the period at US$1,223.95 per oz. in the face of continued strength in the greenback. The Philadelphia Gold and Silver Index dropped 2.78 points to 76.79 and the Dow Jones Industrial Average advanced 392.94 points to 25,451.06 — hitting several all-time highs — while the S&P 500 Index surged 16.99 points to 2,818.82.

After a year of sifting through bids, the world’s largest mining company, BHP Billiton, has sold most of its onshore U.S. oil and gas assets to U.K. oil giant BP for US$10.5 billion in cash. BHP also sold similar onshore oil and gas assets in the southeast U.S. to Merit Energy for US$300 million. The sales end BHP’s costly foray into the U.S. shale sector, with the company having paid US$20 billion for the assets seven years ago, and spending almost as much developing them.

BHP will take an impairment charge of US$2.8 billion, post-tax, against the carrying value of its onshore U.S. assets. With its net debt at the lower end of its target range of US$10 billion to US$15 billion, BHP will return the net proceeds from the sale to its shareholders.

BHP has announced or completed more than US$18 billion in divestments over the last six

18_AUG6_MarketNews.indd 18

years, in addition to the demerger of South32.

BHP shares ended the period up US$2.28 to US$50.76.

Newmont Mining has bought NovaGold Resources’ half-stake in the Galore Creek copper-gold project in B.C. for US$275 million. Teck Resources still owns the other 50% stake in the project, which is one of the largest undeveloped copper-gold-silver deposits in the world.

A 2011 prefeasibility study on the largetonnage project forecast production over 18 years of 6.2 billion lb. copper, 4 million oz. gold and 65.8 million oz. silver.

U.S. MOST ACTIVE ISSUES

VOLUME WEEK (000s) HIGH LOW CLOSE CHANGE

Cleveland-Clif* CLF 134703 11.44 10.12 10.67 + 0.71 Vale* VALE 126716 14.50 12.82 14.44 + 1.51 Freeport McMoR* FCX 109320 16.59 15.06 15.99 + 0.24 Barrick Gold* ABX 92244 12.24 10.93 11.23 - 1.14 Yamana Gold* AUY 72140 3.14 2.76 3.04 + 0.20 Hecla Mining* HL 41644 3.54 3.15 3.15 - 0.07 United States S* X 37666 38.89 35.82 37.00 - 0.13 Goldcorp* GG 31492 13.51 12.37 12.50 - 1.11 Kinross Gold* KGC 30199 3.70 3.58 3.59 - 0.10 Alcoa* AA 28621 43.48 40.08 43.22 + 2.90

NovaGold will now focus on its larger Donlin Gold gold project in Alaska — a joint venture with Barrick Gold.

Newmont shares were off US13¢ to US$36.89, while NovaGold shares dropped US13¢ to US$4.35.

The world’s largest publicly traded uranium miner — Canada’s Cameco — confirmed rumours that, owing to chronically low uranium prices, it is indefinitely suspending production at its McArthur River and Key Lake uranium mines in Saskatchewan. TNM

U.S. GREATEST PERCENTAGE CHANGE

Vale* Vedanta* Southern Copp* Nexa Resources* Alcoa* Cleveland-Clif* Yamana Gold* Sibanye Gold* Teck Res* Buenaventura* Cloud Peak En* Lithium Amer* Coeur Mng* Barrick Gold* Agnico Eagle* MartinMarietta* Goldcorp* CONSOL Energy* Eldorado Gold* McEwen Mng*

VALE VEDL SCCO NEXA AA CLF AUY SBGL TECK BVN CLD LAC CDE ABX AEM MLM GG CNX EGO MUX

VOLUME WEEK (000s) HIGH LOW CLOSE CHANGE

126716 14.50 12.82 14.44 2931 13.06 11.99 13.03 7224 48.08 43.65 47.89 1391 13.25 11.95 13.19 28621 43.48 40.08 43.22 134703 11.44 10.12 10.67 72140 3.14 2.76 3.04 12997 2.34 2.15 2.33 18078 26.40 24.18 25.93 5536 13.66 12.61 13.61 5204 3.29 2.68 2.71 1088 4.68 4.00 4.04 14208 8.20 7.17 7.21 92244 12.24 10.93 11.23 7155 45.75 41.61 41.80 5664 226.24 203.04 205.70 31492 13.51 12.37 12.50 12508 17.39 15.79 15.86 18967 1.16 1.04 1.07 8926 2.52 2.33 2.33

+ 11.7 + 10.8 + 9.4 + 8.9 + 7.2 + 7.1 + 7.0 + 6.9 + 6.3 + 6.2 - 14.8 - 12.7 - 9.5 - 9.2 - 9.2 - 8.3 - 8.2 - 7.8 - 6.1 - 4.9

U.S. GREATEST VALUE CHANGE

Southern Copp* SCCO Chevron Corp* CVX Alcoa* AA Arch Coal* ARCH Teck Res* TECK Vale* VALE Mosaic* MOS NTR Nutrien* Vedanta* VEDL Rio Tinto* RIO MartinMarietta* MLM Agnico Eagle* AEM Franco-Nevada* FNV CONSOL Energy* CNX CONSOL Energy* CEIX Barrick Gold* ABX Goldcorp* GG Coeur Mng* CDE Black Hills* BKH NACCO Ind* NC

VOLUME WEEK (000s) CLOSE CHANGE

7224 47.89 27175 125.97 28621 43.22 1589 81.31 18078 25.93 126716 14.44 21886 29.78 8124 53.78 2931 13.03 16062 55.06 5664 205.70 7155 41.80 2438 72.79 12508 15.86 1606 40.97 92244 11.23 31492 12.50 14208 7.21 2294 59.69 82 32.00

+ 4.12 + 3.70 + 2.90 + 1.74 + 1.54 + 1.51 + 1.46 + 1.33 + 1.27 + 1.22 - 18.52 - 4.23 - 1.77 - 1.34 - 1.28 - 1.14 - 1.11 - 0.76 - 0.75 - 0.70

2018-07-31 8:46 PM

GLOBAL MINING NEWS · SINCE 1915

THE NORTHERN MINER / AUGUST 6–19, 2018

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, July 31, 2018 Precious Metals Gold Silver Platinum Palladium Base Metals Nickel Copper Lead Zinc

TSX WARRANTS

PRODUCER AND DEALER PRICES

SPOT PRICES COURTESY OF SCOTIABANK Price (US$/oz.)

Change $1222.05 -7.40 $15.49 +0.01 $824.00 -3.00 $926.00 +36.00 Price (US$/tonne) Change $14090.00 +170.00 $6326.00 +50.00 $2163.00 +1.50 $2629.00 +68.00

LME WAREHOUSE LEVELS Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 27, 2018 (change from July 20, 2018 in brackets): Aluminium Alloy 12520 (0) 1200025 (-8375) Aluminium Copper 253525 (-1800) Lead 127850 (-425) Nickel 257502 (-1764) 2975 (-175) Tin Zinc 243100 (+9900)

Thermal Coal CAPP: US$40.00 per short ton Coal: Central Appalachia, 12,500 Btu, 1.2 S02-R,W: n.a.

Coal: Powder River Basin, 8,800 Btu, 0.8 S02-R, W: n.a.

Cobalt: US$31.98/lb.

Copper: US$2.79/lb.

Copper: CME Group Futures Aug. 2018: US$2.76/lb.; Sept.

2018: US$2.75/lb Ferro-Chrome: US$2.80/kg Ferro Titanium: US$4.90/kg FerroTungsten: US$31.40/kg Ferrovanadium: US$35.20/kg Iridium: NY Dealer Mid-mkt US$1,415.00/tr oz.

Iron Ore 62% Fe CFR China-S: US$120.6 Iron Ore Fines: US$71.00/tonne Iron Ore Pellets: US$108.60/tonne Lead: US$0.99/lb.

Magnesium: US$2.25/kg Manganese: US$2.03/kg Molybdenum Oxide: US$11.79/lb.

Phosphate Rock: US$86.00/tonne Potash: US$226.00/tonne Rhodium: Mid-mkt US$2,270.00 tr. oz.

Ruthenium: Mid-mkt US$250.00/tr. oz.

Silver: Handy & Harman Base: US$19.86 per oz.; Handy & Harman Fabricated: US$23.83 per oz.

Tantalite Ore : US$186.50/kg Tin: US$8.89/lb.

Uranium: U3O8, Trade Tech spot price: US$23.00; The UX Consulting Company spot price: US$22.85/lb.

Zinc: US$1.15/lb.

Prices current July 17, 2018

NORTH AMERICAN STOCK EXCHANGE INDICES

52-week

Index Jul 27 Jul 26 Jul 25 Jul 24 Jul 23 High Low S&P/TSX Composite 16393.95 16455.73 16420.76 16390.13 16420.84 15527.30 12400.15 S&P/TSXV Composite 707.37 705.12 707.32 706.42 710.31 1050.26 883.52 S&P/TSX 60 974.92 977.84 975.71 974.47 975.41 896.74 709.99 S&P/TSX Global Gold 182.08 182.71 186.86 186.46 185.51 218.90 149.29 DJ Precious Metals 156.91 156.91 160.93 159.54 158.52 420.72 130.95

TSX SHORT POSITIONS

TSX VENTURE SHORT POSITIONS

Short positions outstanding as of Jul 16, 2018 (with changes from Jul 03, 2018) Largest short positions ELD 15283240 -2859276 7/3/2018 Eldorado Gold Sandstorm Gold SSL 14483057 -589941 7/3/2018 Ivanhoe Mines IVN 13619938 353424 7/3/2018 Turquoise HIl TRQ 9783177 721292 7/3/2018 ASR 9360047 232879 7/3/2018 Alacer Gold Goldcorp G 8957635 138158 7/3/2018 SU 8189037 728728 7/3/2018 Suncor Energy McEwen Mng MUX 8120998 -238046 7/3/2018 Yamana Gold YRI 7847163 -96843 7/3/2018 OceanaGold OGC 7793785 419898 7/3/2018 OSK 6969496 255728 7/3/2018 Osisko Mng Inc Nexgen Energy NXE 6931171 203759 7/3/2018 Nemaska Lith NMX 6682511 183682 7/3/2018 First Majestic FR 6646480 -74260 7/3/2018 NGD 6595959 -487496 7/3/2018 New Gold Largest increase in short position Trevali Mng TV 5993058 1395210 7/3/2018 Lundin Mng LUN 4521339 770203 7/3/2018 Suncor Energy SU 8189037 728728 7/3/2018 Turquoise HIl TRQ 9783177 721292 7/3/2018 LGO 553200 526546 7/3/2018 Largo Res Largest decrease in short position Nevada Copper NCU 225900 -3040700 7/3/2018 Eldorado Gold ELD 15283240 -2859276 7/3/2018 SSL 14483057 -589941 7/3/2018 Sandstorm Gold Pretium Res PVG 3651833 -552470 7/3/2018 GSC 1047885 -491999 7/3/2018 Golden Star

Short positions outstanding as of Jul 16, 2018 (with changes from Jul 03, 2018) Largest short positions AGB 2143800 445100 7/3/2018 Atlantic Gold Gratomic GRAT 1310305 1307105 7/3/2018 Cobalt 27 Cap KBLT 1014100 -269936 7/3/2018 ALZ 888156 -663463 7/3/2018 Aldershot Res Leeta Gold HIVE 864525 -36658 7/3/2018 CCC 821346 362646 7/3/2018 Cornerstone Mt Northn Empire NM 690000 286992 7/3/2018 Kitrinor Mtls SCYB 569453 105953 7/3/2018 Alexandria Min AZX 496388 459944 7/3/2018 GWA 405950 405350 7/3/2018 Gowest Gold Plato Gold PGC 400800 399500 7/3/2018 Neo Lithium NLC 353500 71182 7/3/2018 Hut 8 Mining HUT 328227 -166673 7/3/2018 MAE 310300 310300 7/3/2018 Maritime Res GoviEx Uranium GXU 296892 135367 7/3/2018 Largest increase in short position GRAT 1310305 1307105 7/3/2018 Gratomic Alexandria Min AZX 496388 459944 7/3/2018 Atlantic Gold AGB 2143800 445100 7/3/2018 GWA 405950 405350 7/3/2018 Gowest Gold Plato Gold PGC 400800 399500 7/3/2018 Largest decrease in short position Search Mnls SMY 0 -944000 7/3/2018 ALZ 888156 -663463 7/3/2018 Aldershot Res K92 Mng Inc KNT 52932 -465568 7/3/2018 NUG 23000 -350214 7/3/2018 NuLegacy Gold Kilo Goldmines KGL 0 -350000 7/3/2018

Alamos Gold (AGI.WT) - Wt buys sh @ $28.47 to Aug 30/18 Alamos Gold (AGI.WT.A) - Wt buys sh @ $10.00 to Jan 7/19 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.A) - Wt buys sh @ $3.25 to Mar 18/19

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 Oban Mining J (OBM.WT) - Wt buys 20 sh @ $3 to Aug 25/18 Osisko Gold Royalties (OR.WT) - Wt buys sh @ $36.5 to Feb 18/22

Osisko Gold Royalties (OR.WT.A) - Wt buys sh @ $19.08 to Feb 26/19 Osisko Mining Inc. J (OSK.WT) - 20 Wt buys sh @ $3 to Aug 25/18 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 Prairie Provident Resources Inc Wt (PPR. WT) - Wt buys sh @ $0.87 to Mar 16/19 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 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.

Atlantic Gold (AGB.WT) - Wt buys sh @ $0.6 to Aug 20/18 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.

Brazil Resources (BRI.WT) - Wt buys sh @ $0.75 to Dec 31/18 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 war-

rant 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.

Goldmining Inc. (GOLD.WT) - Wt buys sh @ $0.75 to Dec 31/18 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 Jet Metal (JET.WT.A) - Wt buys sh @ $0.5 to Feb 28/19 Kootenay Silver Inc. (KTN.WT) - Wt buys sh @ $0.55 to Apr 21/21 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.

Rainy Mountain Royalty Corp. (RMO. WT) - Wt buys sh @ $0.15 to Mar 1/18 and sh @ $0.25 from Mar 2/18 to Mar 1/19 Rainy Mountain Royalty Corp. (RMD. WT) - Wt buys sh @ $0.15 to Mar 1/18 and sh @ $0.25 from Mar 2/18 to Mar 1/19 Silvercrest Metals Inc. (SIL.WT) - Wt buys sh @ $3 to Dec 06/18 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

NEW 52-WEEK HIGHS AND LOWS MARCH 19–23, 2018 40 New Highs

66 Resources Alacer Gold Beeston Ent* Belmont Res Casablanca Mng* Claim Post Res Cleveland-Clif* Contact Gold* Diamante Min* Energy Fuels Energy Fuels* Forsys Metals Galway Gold Goldstar Mnls Guerrero Vents Juggernaut Exp* Labdr Iron Mns* Largo Res Largo Res* Maudore Mnrls* Metals Creek Monitor Vent

Mosaic* Roughrider Exp Sandy Lake Gld* Saturn Mnrls Shoshoni Gold SilverCrest Mt SilverCrest Mt* Sokoman Iron Sokoman Iron* Standard Metal* Suncor Energy* Tiger Intl Trilogy Mtls Trilogy Mtls* Ur-Energy Wesdome Gold ZincX Res ZincX Res*

95 New Lows

Abacus Mng &Ex Almaden Mnls Almaden Mnls* Altus Strat

American Pac Arizona Silver Ascot Res Atico Mng* Avalon Adv Mat Avalon Adv Mat* Azucar Min* Balmoral Res Balmoral Res* Barrick Gold* Blackrock Gold* BonTerra Res Callinex Mines Callinex Mines* Centenera Mng Centerra Gold Cloud Peak En* Cobalt 27 Cap Colorado Res Columbus Gold Columbus Gold* Critical Elem Eagle Plains

eCobalt Solns eCobalt Solns* El Capitan Prc* Endurance Gold* Excelsior Mng* Fairmile Gold* Falco Res Far Res Fiore Gold Fiore Gold* First Cobalt First Cobalt * Focus Graphite* Glencore Plc* Goldcliff Res* GoldQuest Mng Hecla Mining* HudBay Mnls IDM Mining* Imperial Metal Ivanhoe Mines Ivanhoe Mines* Kerr Mines

Liberty One Li* LiCo Energy Magnitude Mng Maple Gold Maple Gold* Mason Graphite Mechel* Monarca Mnrls* Monarques Res Montego Res* Napier Vent* Nemaska Lith* New Gold* New Jersey Mng New Point Expl New World Res* Nickel Creek* Nicola Mg Inc NQ Minerals Pl* Nthrn Sphere* NV Gold* Paramount Gold* Pelangio Expl *

PepinNini Lith* Pivit Explor PowerOre Pure Energy Pure Energy* Ravencrest Res Romios Gold Rs* Royal Nickel* Silver Viper Sojourn Explor* Southern Silvr Spanish Mtn Gd Spanish Mtn Gd* Taiga Gold Tartisan Nick* Taseko Mines* Uranium Res* Valoro Res* Wealth Mnrls Wealth Mnrls* Yorbeau Res* Zenyatta Vent

CANADIAN GOLD MUTUAL FUNDS DAILY METAL PRICES Daily Metal Prices Date July 30 July 27 July 26 July 25 July 24 BASE METALS (London Metal Exchange -- Midday official cash/3-month prices, US$ per tonne) Al Alloy 1670/1700 1780/1785 1780/1785 1780/1785 1780/1785 Aluminum 2052/2073 2053/2068.50 2053.50/2064.50 2056/2073 2128/2076 Copper 6180/6207 6251/6279.50 6254/6285 6251/6280 6150/6180 Lead 2132.50/2143 2137/2154 2140.50/2156 2132/2152 2139.50/2158 Nickel 13675/13725 13710/13770 13570/13680 13530/13625 13435/13525 Tin 19990/19825 19875/19780 19875/19775 19900/19825 19640/19540 2589.50/2522 2617/2566 2625/2582 2653/2606 2618/2588 Zinc PRECIOUS METAL PRICES (London fix, LBMA silver price, US$ per troy oz.)

Gold AM 1222.05 1219.15 1228.35 1230.55 1224.30 Gold PM 1223.80 1223.95 1228.25 1231.50 1228.35 Silver 15.49 15.36 15.54 15.57 15.51 Platinum 826.00 829.00 835.00 841.00 839.00 Palladium 928.00 930.00 931.00 934.00 924.00

Fund Jul 27 ($) Jul 20 ($) AGF Prec Mtls Fd MF 19.24 19.39 BMO Prec Mtls Fd A 17.62 18.02 BMO ZGD 8.71 8.96 BMO ZJG 8.67 8.64 CIBC Prec Metal Fd A 9.33 9.65 Dyn Prec Metls Fd A 6.54 6.59 Galileo GOGO 10.32 10.47 Horizons HEP 23.04 23.68 IG Mac GbPMetCl A 8.26 8.41 iShares XGD 11.37 11.80 Mac Prec Met Cl A 43.11 43.91 NBI PrecMetFd Invt 11.60 11.88 NPT Gold&PrMinFdA 33.24 33.54 NPT SilverEquCl A 5.11 5.19 RBC GblPreMetFd A 31.54 32.01 Redw UITGoDe&ProCl A Sentry Pre Met Fd A 37.96 37.87 TD PreciousMetalsInv 31.30 32.51

Change ($) Change (%) YTDChange (%) MER (%) TotalAssets (M$) -0.15 -0.77 -6.70 2.80 106.12 -0.40 -2.22 2.02 2.40 60.25 -0.25 -2.81 -4.65 0.61 0.03 0.37 -1.93 0.60 -0.31 -3.24 -4.82 2.45 43.15 -0.05 -0.76 -3.99 2.66 336.76 -0.15 -1.44 -0.64 -2.71 0.58 0.81 -0.15 -1.82 -4.17 2.75 34.22 -0.42 -3.60 -1.79 0.55 740.95 -0.79 -1.81 -4.45 2.52 63.64 -0.28 -2.36 -4.94 2.46 27.30 -0.30 -0.90 -6.42 3.04 123.54 -0.08 -1.47 -5.65 2.95 117.52 -0.47 -1.47 -4.53 2.13 323.84 0.00 0.00 0.09 0.25 -3.07 2.54 296.18 -1.21 -3.72 -2.72 2.27 111.64

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

Jul 27 Jul 26 Jul 25 Jul 24 Jul 23 1.3074 1.3074 1.3046 1.3158 1.3171 0.7649 0.7649 0.7665 0.7600 0.7592

Exchange rates (Quote Media, July 27, 2018) C$ to AUS C$ to EURO C$ to YEN C$ to Mex Peso C$ to SA Rand 1.0367 0.6570 85.0570 14.2666 10.1375 C$ to India Rupee C$ to Swiss Franc C$ to S. Korea Won C$ to UK Pound C$ to China Yuan 0.5836 5.1974 52.5220 0.7604 859.4292 US to AUS US to EURO US to YEN US to Mex Peso US to SA Rand 1.3553 0.8590 111.2025 18.6487 13.2505 US to UK Pound US to China Yuan US to India Rupee US to Swiss Franc US to S. Korea Won 0.7629 6.7928 68.7450 0.9942 1124.1500

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_AUG6_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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2018-07-31 4:21 PM

20

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AUGUST 6–19, 2018 / THE NORTHERN MINER

S T O C K TA B L E S

MINING STOCKS listed on CANADIAN and U.S. EXCHANGES TRADING: JULY 23–27, 2018 (100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

A 60 North Gold 50 66 Resources 27 92 Resources V 180 92 Resources* O 216 Abacus Mng &Ex* O 122 41 Abacus Mng &Ex V Abcourt Mines V 529 Abcourt Mines* O 104 Aben Res* O 373 Aben Res V 1170 O 25 Aberdeen Intl* Aberdeen Intl T 141 Abitibi Royalt* O 5 Abitibi Royalt V 5 AbraPlata Res* O 288 AbraPlata Res V 519 Abzu Gold* O 1 Acacia Mining* O 7 Adamera Mnls V 210 O 319 Adamera Mnls* Adex Mining V 198 V 1439 Advance Gold Advantage Lith V 885 Advantage Lith* O 421 V 258 Adventus Zinc Aethon Mineral V 124 AEX Gold V 100 Affinity Gold* O 38 African Gold V 325 0 African Metals* O African Mnrls* O 23 O 0 Aftermath Slvr* V 11 Aftermath Slvr Agnico Eagle T 3017 Agnico Eagle* N 7155 AgriMinco* O 160 V 235 Aguia Resource Aida Minerals 1950 Alacer Gold T 2299 Alamos Gold T 4578 10406 Alamos Gold* N Alaska Pac Egy* O 25704 Albert Mining V 70 Albert Mining* O 5 Alchemist Mng 454 Alcoa* N 28621 Alderon Iron* O 36 Alderon Iron T 131 Aldershot Res V 3593 O 230 Aldershot Res* Aldever Res V 0 Aldever Res* O 0 Aldridge Min V 93 Aldridge Min* O 138 Alexandria Min V 4246 Alexandria Min* O 760 Alexco Res* X 1329 Alexco Res T 185 Algold Res* O 1 Algold Res V 372 Alianza Min V 33 Alianza Min* O 1 Allante Potash V 667 Allegiant Gold V 329 O 254 Allegiant Gold* Alliance Mng V 1127 Alliance Res* D 1915 Almaden Mnls T 78 Almaden Mnls* X 721 Almonty Ind T 109 Almonty Ind * O 14 Alphamin Res V 33 Alset Minerals V 668 Altai Res V 255 Altair Res Inc* O 0 Altair Res Inc V 496 Altamira Gold V 186 Altamira Gold* O 126 Altan Nev Mnls V 158 43 Altan Rio Mnls V Altiplano Mnls V 44 O 1 Altiplano Mnls* Altius Mnrls T 143 Alto Vent V 487 Altura Mng Ltd* O 1227 Alturas Mnrls V 1073 Altus Strat V 338 Alumina Inc* O 105 ALX Uranium* O 58 ALX Uranium V 283 Am Creek Res V 100 Am CuMo Mng* O 293 Am CuMo Mng V 187 Am Manganese* O 149 Am Manganese V 363 AM Resources V 41 Am Sierra Gold* O 48 Amador Gold* O 0 Amani Gold* O 6 Amarc Res V 413 Amarc Res* O 53 Amarillo Gold V 172 Amarillo Gold* O 12 Amazing Energy* O 241 Amer Intl Vent* O 253 O 26 American Lith* American Lith V 384 American Pac* O 110 American Pac 201 X 136 Americas Silvr* Americas Silvr T 132 Amerigo Res T 1035 Amerigo Res* O 179 Amex Expl* O 0 Amex Expl V 72 Amseco Expl V 330 Anaconda Mng T 597 Anaconda Mng* O 90 Anconia Res V 634 Andes Gold* O 27 Anfield Energy* O 213 Anfield Energy V 674 Angel Gold* O 70 Angel Gold V 115 Angkor Gold V 90 Anglo American* O 533 1 Anglo American* O Anglo Pac Grp T 3 AngloGold Ash* N 17186 Angus Ventures V 79 O 80 Antioquia Gold* Antioquia Gold V 21 Antler Gold * O 14 Antler Gold V 62 Antler Hill V 126 Antofagasta* O 7 APAC Res Inc 252 Apex Res V 49 Apex Res * O 5 Apogee Opport * O 3 Appia Energy 148 Appia Energy* O 53 Applied Mrnls* O 231 Aquila Res* O 211 Aquila Res T 101 Arch Coal* N 1589 Arco Res* O 274 Arctic Star* O 58 Arctic Star V 477 Arcturus Vent V 35 Arcus Dev Grp V 38 Arena Mnls V 89 Arena Mnls* O 76 Argentina Lith* O 39 Argentina Lith V 35 Argentum Silvr V 151 Argentum Silvr* O 3 Argex Titanium T 749 Argex Titanium* O 278 Argo Gold 7 Argonaut Gold* O 47 Argonaut Gold T 1084 Argus Metals* O 1 Argus Metals V 29

20-23_AUG6_StockTables.indd 20

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(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

Arian Silver* O 10 O 13 Arianne Phosph* Arianne Phosph V 114 Arizona Mng* O 294 Arizona Mng T 1335 Arizona Silver V 141 Arizona Silver* O 33 Armor Mnrls V 20 Asanko Gold T 806 Asanko Gold* X 1359 Asante Gold 200 3 Asbestos Corp V Ascot Res V 230 37 Ascot Res * O Ashanti Sanko V 28 V 27 AsiaBaseMetals AsiaBaseMetals* O 0 Asian Minl Res V 137 Aston Bay* O 260 Aston Bay V 857 Astorius Res V 212 ATAC Res V 504 Atacama Pacif V 1461 Atacama Res* O 3954 O 42 Athabasca Mnls* Athabasca Mnls V 59 O 1 Athena Silver* Atico Mng* O 120 Atico Mng V 180 Atlanta Gold* O 0 Atlanta Gold V 6 Atlantic Gold V 918 Atlantic Ind V 1164 Atlatsa Res* O 144 Atlatsa Res T 83 Atom Energy * O 10 Aton Res Inc V 249 Aura Mnls T 248 Aura Mnls* O 154 Aura Silver Rs V 1095 Auramex Res V 626 Aurania Res* O 27 Aurania Res V 53 Aurcana Corp V 432 Aurcana Corp* O 27 V 255 AurCrest Gold Aurion Res * O 11 Aurion Res V 156 Aurora Royal V 9 Auryn Res* X 310 Auryn Res T 170 Austin Res V 375 Austral Gold* O 45 Austral Gold V 78 Australian Mns* O 72 Auxico Res 401 Avalon Adv Mat T 1786 Avalon Adv Mat* O 577 Avarone Metals* O 49 Avarone Metals 649 Avesoro Res T 4 Avesoro Res* O 1 Avidian Gold V 694 Avino Silver* X 508 Avino Silver T 64 Avrupa Mnls* O 130 Avrupa Mnls V 166 Awale Res V 15 AXE Expl V 604 Axmin Inc* O 20 Axmin Inc V 245 V 83 Azarga Metals Azarga Metals* O 44 O 210 Azarga Uranium* Azarga Uranium T 1031 Aziel Corp* O 0 Azimut Expl V 86 O 9 Azincourt Ener* Azincourt Ener V 1070 Aztec Minerals V 123 O 7 Aztec Minerals* Azteca Gold* O 50 Azucar Min V 462 Azucar Min* O 674

0.00 0.00 0.00 unch 0.00 0.01 0.00 0.38 0.36 0.37 - 0.01 0.67 0.36 0.52 0.47 0.47 - 0.03 0.83 0.44 4.72 4.50 4.71 + 0.03 5.90 1.61 6.17 6.15 6.17 + 0.02 6.17 2.60 0.11 0.08 0.09 - 0.02 0.33 0.08 0.08 0.06 0.07 - 0.01 0.27 0.06 0.50 0.50 0.50 unch 0.00 0.73 0.32 1.48 1.33 1.33 - 0.14 1.79 0.55 1.13 1.02 1.03 - 0.10 1.38 0.43 0.03 0.03 0.03 unch 0.00 0.15 0.03 0.50 0.50 0.50 unch 0.00 0.90 0.21 1.11 0.96 0.96 - 0.14 1.99 1.00 0.85 0.74 0.75 - 0.09 1.55 0.78 0.06 0.05 0.05 unch 0.00 0.10 0.02 0.40 0.00 0.38 + 0.16 0.40 0.13 0.00 0.00 0.26 unch 0.00 0.01 0.01 0.01 unch 0.00 0.05 0.01 0.16 0.13 0.13 - 0.03 0.20 0.09 0.21 0.17 0.17 - 0.04 0.29 0.10 0.04 0.04 0.04 - 0.01 0.20 0.03 0.54 0.51 0.51 unch 0.00 0.89 0.46 0.69 0.67 0.67 - 0.01 0.86 0.57 0.00 0.00 0.00 - 0.00 0.03 0.00 0.13 0.12 0.13 - 0.00 0.20 0.09 0.19 0.17 0.19 + 0.02 0.27 0.12 0.04 0.04 0.04 unch 0.00 0.33 0.02 0.37 0.33 0.34 + 0.01 0.71 0.33 0.49 0.43 0.45 + 0.01 0.91 0.43 0.03 0.03 0.03 unch 0.00 0.06 0.03 0.05 0.00 0.05 unch 0.00 0.08 0.04 1.93 1.83 1.86 - 0.02 1.99 1.30 0.04 0.02 0.03 + 0.01 0.09 0.01 0.03 0.00 0.03 - 0.00 0.04 0.01 0.04 0.00 0.04 unch 0.00 0.06 0.02 0.00 0.00 0.00 unch 0.00 0.26 0.00 0.03 0.03 0.03 + 0.01 0.05 0.02 2.20 2.04 2.14 - 0.02 3.00 1.30 1.61 1.52 1.57 - 0.08 2.38 1.05 0.03 0.02 0.03 unch 0.00 0.06 0.02 0.05 0.03 0.04 - 0.01 0.10 0.03 1.83 1.52 1.52 - 0.13 6.06 1.03 2.40 2.01 2.01 - 0.17 7.57 1.51 0.23 0.21 0.23 + 0.03 0.30 0.17 0.17 0.15 0.16 + 0.01 0.25 0.13 0.04 0.03 0.03 - 0.01 0.04 0.02 0.62 0.00 0.62 + 0.02 2.82 0.52 0.85 0.79 0.82 + 0.03 3.49 0.67 0.10 0.00 0.10 unch 0.00 0.24 0.03 1.12 1.05 1.12 + 0.04 3.00 1.00 1.47 1.39 1.42 unch 0.00 3.57 1.36 0.02 0.02 0.02 unch 0.00 0.04 0.01 0.06 0.06 0.06 unch 0.00 0.16 0.05 0.09 0.08 0.08 - 0.01 0.18 0.08 0.09 0.06 0.06 - 0.00 0.33 0.06 0.20 0.19 0.20 unch 0.00 0.45 0.16 0.09 0.07 0.08 + 0.01 0.16 0.07 0.07 0.05 0.07 + 0.00 0.13 0.05 0.05 0.05 0.05 unch 0.00 0.09 0.01 0.06 0.04 0.05 - 0.02 0.14 0.02 4.30 4.12 4.12 - 0.39 5.99 2.50 3.41 3.41 3.41 unch 0.00 3.65 1.89 0.45 0.35 0.40 + 0.04 0.70 0.20 1.20 1.11 1.11 + 0.00 1.89 1.08 1.59 1.46 1.50 - 0.03 2.35 1.30 0.07 0.06 0.07 - 0.01 0.10 0.05 0.09 0.08 0.09 - 0.01 0.13 0.06 0.12 0.12 0.12 unch 0.00 0.48 0.08 0.06 0.05 0.06 + 0.01 0.17 0.02 0.11 0.11 0.11 unch 0.00 0.12 0.02 0.15 0.13 0.14 - 0.01 0.15 0.03 0.13 0.12 0.12 - 0.01 0.18 0.10 0.10 0.09 0.09 unch 0.00 0.16 0.05 0.20 0.18 0.19 + 0.00 0.22 0.14 0.25 0.23 0.25 + 0.01 0.34 0.18 0.00 0.00 1.03 unch 0.00 9.10 0.60 0.30 0.28 0.29 + 0.01 0.48 0.26 0.07 0.06 0.07 + 0.01 0.23 0.03 0.10 0.08 0.09 + 0.01 0.37 0.05 0.26 0.00 0.23 - 0.01 0.38 0.19 0.17 0.17 0.17 + 0.00 0.30 0.14 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.74 0.61 0.67 - 0.06 1.75 0.60 0.56 0.46 0.52 - 0.04 1.44 0.48

B2Gold T 6209 B2Gold* X 9016 B4MC Gold* O 1 O 266 Balmoral Res* Balmoral Res T 690 Balto Res V 1 Bankers Cobalt V 787 O 122 Bankers Cobalt* Bannerman Res* O 1393 Banyan Gold V 592 Banyan Gold* O 116 V 457 Bard Ventures Barker Mnrls V 1001 Barkerville Go V 610 Barkerville Go* O 250 O 2 Baroyeca Go&Si* Baroyeca Go&Si V 48 Barrick Gold* N 92244 Barrick Gold T 14020 Barsele Min* O 5 Barsele Min V 4 Batero Gold V 340 O 623 Bayhorse Silvr* V 1113 Bayhorse Silvr BC Moly V 3 BCM Res V 169 V 6 BE Res 75 Bear Creek Mng V Bearclaw Cap V 50 Bearing Lith V 153 Bearing Lith* O 0 Beaufield Res V 264 O 425 Beaufield Res* Beeston Ent* O 1704 Bell Copper* O 167 Belmont Res V 6685 Belo Sun Mng T 3825 V 583 Benchmark Met Benton Res V 1010 Benz Mining* O 10 Benz Mining V 1229 O 256 Berkeley Egy* Berkwood Res * O 142 V 511 Berkwood Res Bitterroot Res V 1073 O 295 Bitterroot Res* Black Dragon V 104 O 13 Black Dragon* Black Hills* N 2294 Black Iron T 144 Black Iron* O 85 Black Isle Res V 132 Black Mam Mtls* O 1 2 Black Mam Mtls V Black Sea Cop V 3 4 Black Sea Cop* O Black Tusk Res 116 V 539 Blackheath Res Blackrock Gold V 393 O 26 Blackrock Gold* Blind Crk Res V 121 BLOX Inc* O 1 Blue Moon Zinc* O 96 Blue Moon Zinc V 2029 Blue Rvr Res V 1251 Blue Sky Uran* O 178 Blue Sky Uran V 861 O 6 Bluestone Res* Bluestone Res V 55 Bold Vent V 184 Bonanza Gldfds* O 3116 BonTerra Res V 1600 BonTerra Res* O 646 Boreal Metals V 4 Borneo Res Inv* O 1719 Bravada Gold V 92 Bravada Gold* O 74 V 25 Braveheart Res Bravo Multinat* O 60 Brazil Mnrls* O 6468

3.37 3.28 3.31 - 0.06 4.06 3.01 2.58 2.51 2.51 - 0.05 3.30 2.31 8.25 8.25 8.25 unch 0.00 10.00 6.25 0.14 0.12 0.13 - 0.01 0.57 0.12 0.18 0.17 0.17 - 0.01 0.69 0.17 0.00 0.00 0.07 unch 0.00 0.38 0.02 0.11 0.10 0.11 + 0.01 0.85 0.10 0.08 0.07 0.08 + 0.01 0.68 0.03 0.05 0.04 0.05 + 0.01 0.06 0.02 0.06 0.05 0.06 - 0.01 0.13 0.05 0.04 0.04 0.04 - 0.00 0.10 0.04 0.06 0.04 0.05 + 0.01 0.08 0.02 0.02 0.01 0.01 unch 0.00 0.03 0.01 0.48 0.45 0.45 - 0.02 0.95 0.45 0.37 0.34 0.34 - 0.02 0.76 0.32 0.01 0.01 0.01 unch 0.00 0.01 0.01 0.01 0.01 0.01 unch 0.00 0.04 0.01 12.24 10.93 11.23 - 1.14 18.35 11.05 16.07 14.30 14.66 - 1.57 22.70 14.26 0.51 0.47 0.47 - 0.02 0.72 0.42 0.66 0.00 0.61 - 0.09 1.03 0.53 0.08 0.07 0.08 + 0.01 0.12 0.06 0.09 0.07 0.07 - 0.01 0.22 0.07 0.11 0.09 0.09 - 0.02 0.27 0.09 0.06 0.06 0.06 unch 0.00 0.16 0.04 0.25 0.20 0.24 + 0.01 0.26 0.08 0.05 0.05 0.05 - 0.01 0.08 0.04 2.01 1.75 1.78 - 0.02 2.74 1.64 0.05 0.05 0.05 + 0.01 0.06 0.03 0.29 0.29 0.29 unch 0.00 1.02 0.24 0.00 0.00 0.22 unch 0.00 0.78 0.19 0.07 0.06 0.07 unch 0.00 0.25 0.06 0.05 0.05 0.05 + 0.01 0.19 0.05 0.01 0.00 0.01 unch 0.00 0.00 0.00 0.06 0.00 0.04 - 0.00 0.16 0.03 0.10 0.07 0.10 + 0.03 0.09 0.02 0.26 0.22 0.23 - 0.02 0.71 0.20 0.20 0.16 0.20 + 0.04 0.38 0.15 0.07 0.05 0.06 + 0.01 0.09 0.05 0.07 0.07 0.07 unch 0.00 0.12 0.07 0.07 0.06 0.07 + 0.01 0.47 0.06 0.62 0.00 0.62 + 0.10 0.88 0.50 0.07 0.07 0.07 + 0.00 0.44 0.07 0.10 0.09 0.09 + 0.01 0.55 0.09 0.06 0.04 0.05 unch 0.00 0.28 0.03 0.04 0.03 0.04 + 0.01 0.24 0.03 0.18 0.16 0.18 unch 0.00 0.39 0.12 0.11 0.11 0.11 unch 0.00 0.13 0.03 61.17 59.22 59.69 - 0.75 71.01 50.49 0.10 0.09 0.09 - 0.01 0.17 0.08 0.07 0.07 0.07 unch 0.00 0.11 0.06 0.05 0.04 0.04 - 0.01 0.06 0.03 0.08 0.08 0.08 unch 0.00 0.16 0.08 0.11 0.11 0.11 unch 0.00 0.25 0.06 0.08 0.00 0.08 + 0.01 0.21 0.07 0.06 0.05 0.06 + 0.00 0.16 0.05 0.22 0.20 0.21 - 0.02 0.29 0.12 0.03 0.02 0.02 - 0.01 0.08 0.02 0.08 0.07 0.07 - 0.01 0.16 0.05 0.06 0.05 0.05 - 0.01 0.12 0.05 0.08 0.06 0.06 - 0.03 0.38 0.07 0.16 0.16 0.16 unch 0.00 0.30 0.07 0.07 0.06 0.06 - 0.02 0.11 0.02 0.10 0.08 0.08 - 0.01 0.14 0.03 0.03 0.02 0.03 - 0.01 0.05 0.01 0.14 0.10 0.12 - 0.01 0.25 0.08 0.17 0.15 0.15 - 0.02 0.32 0.10 1.13 1.06 1.13 - 0.00 1.35 0.86 1.47 0.00 1.42 - 0.05 1.60 0.95 0.03 0.03 0.03 + 0.01 0.06 0.02 0.00 0.00 0.00 - 0.00 0.00 0.00 0.41 0.36 0.36 - 0.02 0.72 0.36 0.31 0.28 0.28 - 0.02 0.57 0.28 0.15 0.00 0.14 - 0.02 0.40 0.14 0.00 0.00 0.00 + 0.00 0.00 0.00 0.09 0.00 0.09 - 0.02 0.21 0.08 0.07 0.06 0.06 - 0.01 0.17 0.05 0.10 0.09 0.10 + 0.01 0.12 0.04 0.06 0.05 0.05 - 0.02 2.70 0.05 0.00 0.00 0.00 - 0.00 0.04 0.00

B

(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

Brigadier Gold* O 2 V 51 Brigadier Gold BrightRock Gld* O 48 O 55 Brilliant Sand* Britannia Mng* O 47 Brixton Mtls V 70 Brixton Mtls* O 8 O 24 Broadway Gold* Broadway Gold V 51 O 324 Brookmount Exp* Bryn Res* O 537 O 1 Buccaneer Gold* Buccaneer Gold V 82 Buenaventura* N 5536 Buffalo Coal V 85 O 147 Bullfrog Gold* Bunker Hill 19 BWR Explor V 26

0.12 0.12 0.12 unch 0.00 0.12 0.12 0.20 0.17 0.20 + 0.02 0.26 0.08 0.00 0.00 0.00 + 0.00 0.01 0.00 0.05 0.05 0.05 unch 0.00 0.12 0.01 0.00 0.00 0.00 + 0.00 0.01 0.00 0.22 0.21 0.22 + 0.02 0.49 0.17 0.17 0.16 0.17 - 0.00 0.39 0.13 0.10 0.07 0.08 + 0.00 0.55 0.07 0.12 0.10 0.10 - 0.01 0.68 0.10 0.01 0.01 0.01 unch 0.00 0.07 0.00 0.02 0.02 0.02 - 0.00 0.06 0.00 0.07 0.07 0.07 unch 0.00 0.13 0.02 0.07 0.00 0.07 unch 0.00 0.18 0.03 13.66 12.61 13.61 + 0.79 16.80 11.67 0.02 0.00 0.01 - 0.01 0.03 0.01 0.09 0.05 0.08 - 0.00 0.18 0.05 0.50 0.45 0.45 - 0.05 3.15 0.43 0.05 0.04 0.05 unch 0.00 0.10 0.04

Cabral Gold V 45 Cabral Gold* O 20 Cache Expl* O 19 Cache Expl V 368 Cadence Min* O 2 Cadillac Vent* O 8 Cadillac Vent V 55 Cairo Res V 10 Caledonia Mng T 42 X 101 Caledonia Mng* Calibre Mng V 431 California Gld V 149 California Go* O 21 Callinex Mines V 571 O 153 Callinex Mines* Cameco Corp* N 16823 Cameco Corp T 7400 O 759 Cameo Cobalt* Cameo Cobalt V 2380 Camino Mnls* O 22 Camino Mnls V 237 Camrova Res V 60 O 6 Camrova Res* Canada Coal V 153 V 3475 Canada Cobalt Canada Cobalt* O 238 Canada One V 153 Canadian Mng* O 1 O 59 CanAlaska Uran* CanAlaska Uran V 210 CanAm Coal* O 75 Canamex Gold 118 O 17 Canamex Gold* Canarc Res T 95 Canarc Res* O 33 Canasil Res V 476 O 3 Candelaria Mg* Candelaria Mg V 23 T 592 Candente Coppr O 1 Candente Gold* Candente Gold V 154 Canex Energy V 16 CANEX Metals V 8 O 1 CaNickel Mng* CaNickel Mng V 20 V 139 Canterra Mnls Cantex Mn Dev* O 26 18 Cantex Mn Dev V Canuc Res V 72 Canuc Res* O 167 Capstone Mng T 1135 Caracara Silvr V 9 Caracara Silvr* O 4 Cardero Res V 79 Cardero Res* O 9 Cardinal Res* O 1 Cardinal Res T 84 Cariboo Rose V 10 Carlin Gold V 25 Carmax Mng* O 35 Carrara Explor 19098 Cartier Iron 261 Cartier Res V 416 V 748 Carube Copper Casa Minerals V 125 Casablanca Mng* O 0.00 V 121 Cascadero Copp Castle Peak Mg V 614 Cautivo Mining 0 Cda Carbon* O 12 Cda Carbon V 131 Cda Rare Earth V 161 Cda Rare Earth* O 261 Cdn Intl Mnrls V 231 Cdn Metals 740 Cdn Orebodies V 46 Cdn Orebodies* O 4 Cdn Platinum V 157 Cdn Zinc T 453 Cdn Zinc* O 184 CellCube Enrgy* O 697 CellCube Enrgy 2126 Centamin T 31 O 70 Centaurus Diam* Centenera Mng* O 274 V 233 Centenera Mng Centerra Gold T 3461 Central Iron V 3906 Centurion Mnls V 150 O 28 Century Cobalt* Century Global T 3 Cerro Grande 281 Cerro Mng* O 0 Cerro Mng V 4 Ceylon Graph V 221 V 161 Chakana Copper Chakana Copper* O 72 50 Chalice Gold M* O Chalice Gold M T 59 V 46 Champion Bear Champion Bear* O 1 T 2037 Champion Iron Champion Iron* O 138 Chantrell Vent V 130 Chatham Rock V 25 O 0 Chatham Rock* Chesapeake Gld* O 20 V 19 Chesapeake Gld Chevron Corp* N 27175 Chiboug Ind Mn V 25 Chilean Metals* O 1 V 13 Chilean Metals Chimata Gold 20 China Gold Int T 861 China Mnls Mng V 87 4 China Mnls Mng* O Chinapintza Mg V 60 Cipher Res V 80 Claim Post Res V 4160 V 100 Clarmin Explor Clean Comm* O 63 Clean Comm V 4918 Cleghorn Mnls V 5 134703 Cleveland-Clif* N Clifton Mng* O 43 Cloud Peak En* N 5204 Clydesdale Res V 16 CMC Metals V 200 CMX Gold & Sil 1 CNRP Mng 218 CNRP Mng* O 31 Cobalt 27 Cap V 1310 Cobalt Block V 1222 Cobalt Block* O 433 Cobalt Pwr Grp* O 110 Cobalt Pwr Grp V 410 Coeur Mng* N 14208 Colibri Res V 1288 Colombia Crest V 4 O 10 Colombia Crest* Colonial Coal V 239 O 0 Colorado Gold* Colorado Res* O 10 Colorado Res V 534

0.25 0.22 0.22 - 0.03 0.50 0.20 0.19 0.19 0.19 + 0.00 0.32 0.17 0.03 0.03 0.03 unch 0.00 0.18 0.03 0.04 0.04 0.04 unch 0.00 0.22 0.04 1.55 0.00 1.55 unch 0.00 3.42 1.55 0.02 0.02 0.02 unch 0.00 0.04 0.02 0.03 0.03 0.03 unch 0.00 0.06 0.03 0.42 0.42 0.42 unch 0.00 0.43 0.30 11.93 11.14 11.89 + 0.72 12.50 6.70 9.18 8.44 9.04 + 0.52 9.94 5.17 0.06 0.05 0.05 - 0.01 0.18 0.05 0.24 0.22 0.23 - 0.01 0.64 0.21 0.17 0.17 0.17 - 0.01 0.49 0.16 0.18 0.17 0.18 - 0.02 0.48 0.17 0.14 0.12 0.13 - 0.01 0.39 0.12 12.15 10.64 10.83 - 0.33 12.19 7.68 15.84 13.91 14.11 - 0.53 15.95 9.90 0.27 0.19 0.21 + 0.01 0.99 0.14 0.30 0.27 0.28 + 0.02 0.46 0.10 0.15 0.13 0.13 - 0.00 0.53 0.12 0.20 0.15 0.17 + 0.01 0.71 0.14 0.09 0.00 0.09 - 0.01 0.16 0.06 0.08 0.04 0.04 - 0.04 0.15 0.00 0.10 0.09 0.09 - 0.01 0.12 0.04 0.82 0.67 0.82 + 0.03 0.85 0.15 0.61 0.51 0.61 - 0.00 0.64 0.11 0.09 0.07 0.08 unch 0.00 0.52 0.07 0.20 0.00 0.20 unch 0.00 0.23 0.20 0.29 0.00 0.29 - 0.00 0.37 0.21 0.39 0.35 0.37 - 0.02 0.45 0.26 0.00 0.00 0.00 unch 0.00 0.01 0.00 0.13 0.10 0.11 - 0.01 0.17 0.10 0.10 0.00 0.07 - 0.01 0.22 0.06 0.05 0.05 0.05 unch 0.00 0.11 0.05 0.04 0.04 0.04 - 0.00 0.08 0.04 0.10 0.08 0.08 unch 0.00 0.19 0.07 0.38 0.38 0.38 unch 0.00 0.71 0.06 0.65 0.41 0.65 + 0.25 0.99 0.23 0.09 0.08 0.09 + 0.01 0.21 0.07 0.02 0.02 0.02 unch 0.00 0.04 0.00 0.04 0.03 0.04 unch 0.00 0.06 0.02 0.25 0.25 0.25 unch 0.00 0.40 0.18 0.06 0.00 0.06 - 0.01 0.08 0.03 0.09 0.09 0.09 unch 0.00 0.18 0.08 0.16 0.00 0.16 + 0.02 0.24 0.09 0.03 0.00 0.03 - 0.01 0.06 0.02 0.22 0.00 0.22 unch 0.00 0.24 0.01 0.24 0.21 0.24 + 0.03 0.35 0.15 0.17 0.00 0.17 + 0.02 0.60 0.12 0.11 0.11 0.11 - 0.01 0.41 0.10 0.96 0.92 0.96 + 0.04 1.62 0.89 0.13 0.09 0.09 - 0.04 0.30 0.05 0.10 0.09 0.09 - 0.01 0.14 0.06 0.14 0.12 0.12 unch 0.00 0.22 0.08 0.10 0.09 0.10 + 0.01 0.17 0.06 0.34 0.30 0.30 - 0.04 0.44 0.30 0.45 0.44 0.45 - 0.01 1.05 0.38 0.03 0.03 0.03 unch 0.00 0.15 0.03 0.03 0.03 0.03 unch 0.00 0.09 0.03 0.06 0.04 0.04 - 0.01 0.16 0.04 0.06 0.04 0.04 - 0.01 0.20 0.04 0.09 0.07 0.07 - 0.02 0.25 0.05 0.17 0.14 0.15 + 0.01 0.32 0.12 0.07 0.05 0.06 - 0.01 0.10 0.05 0.14 0.14 0.14 unch 0.00 0.22 0.07 3981 0.10 0.00 0.10 + 0.09 0.10

C

0.05 0.05 0.05 - 0.01 0.16 0.05 0.02 0.02 0.02 unch 0.00 0.03 0.02 0.00 0.00 0.38 unch 0.00 0.85 0.20 0.08 0.07 0.07 - 0.01 0.17 0.04 0.10 0.09 0.10 unch 0.00 0.22 0.04 0.08 0.07 0.08 unch 0.00 0.10 0.03 0.06 0.00 0.06 + 0.01 0.08 0.02 0.14 0.13 0.14 + 0.02 0.40 0.11 0.10 0.09 0.09 unch 0.00 0.20 0.05 0.26 0.23 0.26 + 0.03 0.39 0.17 0.20 0.17 0.17 - 0.03 0.27 0.14 0.02 0.00 0.02 - 0.01 0.05 0.02 0.15 0.14 0.14 unch 0.00 0.23 0.12 0.11 0.10 0.11 + 0.01 0.19 0.09 0.22 0.16 0.20 - 0.00 0.60 0.15 0.28 0.21 0.26 - 0.01 0.76 0.19 2.14 2.00 2.00 - 0.10 2.96 1.95 0.15 0.00 0.11 - 0.04 0.20 0.04 0.09 0.07 0.07 - 0.00 0.21 0.07 0.12 0.09 0.10 - 0.02 0.25 0.09 6.03 5.74 5.84 - 0.14 9.35 5.74 0.05 0.02 0.02 + 0.01 0.07 0.01 0.03 0.03 0.03 unch 0.00 0.06 0.02 0.05 0.03 0.04 + 0.01 0.06 0.01 0.22 0.22 0.22 unch 0.00 0.29 0.13 0.01 0.00 0.01 unch 0.00 0.03 0.01 0.00 0.00 0.13 unch 0.00 0.13 0.02 0.17 0.17 0.17 unch 0.00 0.22 0.04 0.18 0.15 0.17 + 0.02 0.26 0.15 0.61 0.52 0.60 + 0.05 1.05 0.52 0.43 0.40 0.40 - 0.03 0.79 0.38 0.12 0.12 0.12 + 0.01 0.25 0.10 0.15 0.14 0.14 - 0.01 0.33 0.13 0.18 0.15 0.15 - 0.01 0.23 0.10 0.11 0.11 0.11 - 0.03 0.18 0.10 1.42 1.31 1.40 + 0.07 1.59 0.93 1.08 0.95 1.07 + 0.09 1.22 0.74 0.12 0.11 0.11 - 0.01 0.12 0.05 0.18 0.18 0.18 unch 0.00 0.54 0.18 0.00 0.00 0.19 unch 0.00 0.40 0.19 1.61 1.46 1.60 unch 0.00 3.23 1.38 2.12 1.97 2.07 - 0.03 4.00 1.82 127.04 121.16 125.97 + 3.70 133.88 104.61 0.06 0.06 0.06 unch 0.00 0.08 0.05 0.10 0.10 0.10 + 0.02 0.12 0.02 0.14 0.00 0.14 + 0.02 0.52 0.12 0.09 0.09 0.09 unch 0.00 0.11 0.07 2.35 2.20 2.30 + 0.13 3.19 1.84 0.14 0.12 0.12 - 0.03 0.40 0.12 0.10 0.00 0.10 - 0.01 0.32 0.10 0.01 0.01 0.01 unch 0.00 0.02 0.01 0.10 0.10 0.10 unch 0.00 0.33 0.07 0.16 0.13 0.15 + 0.03 0.16 0.03 0.17 0.17 0.17 unch 0.00 0.50 0.15 0.04 0.03 0.04 - 0.01 0.16 0.03 0.05 0.04 0.04 - 0.01 0.21 0.04 0.10 0.10 0.10 unch 0.00 0.14 0.05 11.44 10.12 10.67 + 0.71 11.44 5.60 0.09 0.08 0.08 - 0.01 0.13 0.05 3.29 2.68 2.71 - 0.47 5.70 2.76 0.02 0.02 0.02 unch 0.00 0.15 0.02 0.04 0.03 0.03 - 0.01 0.10 0.03 0.00 0.00 0.09 unch 0.00 0.12 0.04 0.52 0.00 0.45 + 0.01 0.83 0.34 0.39 0.29 0.39 + 0.04 1.98 0.02 7.60 7.00 7.25 - 0.33 14.00 7.00 0.22 0.11 0.19 + 0.04 0.40 0.01 0.17 0.09 0.17 + 0.04 0.32 0.02 0.06 0.05 0.06 - 0.00 0.29 0.05 0.07 0.07 0.07 - 0.01 0.35 0.07 8.20 7.17 7.21 - 0.76 9.87 6.71 0.04 0.03 0.04 unch 0.00 0.16 0.03 0.10 0.10 0.10 unch 0.00 0.40 0.05 0.04 0.00 0.04 - 0.04 0.10 0.00 0.35 0.32 0.32 - 0.03 0.44 0.08 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.11 0.10 0.10 - 0.00 0.37 0.10 0.15 0.12 0.13 - 0.01 0.46 0.13

(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

T 316 Columbus Gold O 343 Columbus Gold* Comet Inds V 95 O 2 Commander Res* V 47 Commander Res O 194 Commerce Res* V 863 Commerce Res V 412 Compass Gold X 1408 Comstock Mng* V 307 Comstock Mtls 35 Comstock Mtls * O Condor Gold* O 1 Condor Gold T 1 Condor Res V 129 Condor Res* O 380 O 4 Confedertn Ml* V 202 Confedertn Mls V 91 Conquest Res V 7 Cons Woodjam CONSOL Coal Rs* N 165 N 12508 CONSOL Energy* N 1606 CONSOL Energy* V 157 Constantine Mt O 14 Constantine Mt* O 5 Contact Gold* Contact Gold V 223 O 34 Contintl Gold* Contintl Gold T 552 Contintl Prec V 58 Contintl Prec* O 9 Copper Fox Mtl V 627 86 Copper Fox Mtl* O 6 Copper Lake Rs V Copper Mtn Mng T 626 26 Copper Mtn Mng* O 2 Copper North M* O Copper North M V 295 Copper One V 147 1 Copper One * O 201 Copper Reef Mg Copperbank Res 566 O 82 Copperbank Res* 18 Coral Gold * O Coral Gold V 110 V 440 Cordoba Mnls O 78 Cordoba Mnls* Core Gold V 496 Core Gold* O 389 Core Lithium* O 10 V 516 Cornerstone Ca O 60 Cornerstone Ca* O 610 Cornerstone Mt* V 1708 Cornerstone Mt Coro Mining T 45 Corsa Coal V 78 47 Corsa Coal * O Corvus Gold* O 105 Corvus Gold T 512 CR Capital V 66 0 Crazy Horse Res* O Critical Elem V 1603 Critical Elem* O 73 V 205 CROPS O 7 Crown Mining* Crown Mining V 7 Cruz Cobalt V 596 Cruz Cobalt* O 438 Crystal Lake V 418 Crystal Lake* O 118 Crystal Peak* O 44 Crystal Peak V 218 O 0 CTGX Mining* 72 Currie Rose Rs V 16 Currie Rose Rs* O 70 CWN M’g Acq V O 69 Cyclone Uran* Cypress Dev* O 936 Cypress Dev V 1012

0.21 0.24 0.20 0.21 - 0.02 0.92 0.16 0.18 0.15 0.16 - 0.02 0.73 2.85 unch 0.00 3.55 3.45 3.45 3.45 0.00 unch 0.00 0.16 0.11 0.11 0.11 0.13 unch 0.00 0.30 0.16 0.15 0.15 0.04 0.05 0.04 0.05 + 0.01 0.08 0.06 0.07 0.06 0.07 + 0.01 0.10 0.38 unch 0.00 0.80 0.50 0.50 0.50 0.19 0.23 0.19 0.20 - 0.02 1.05 0.05 0.05 0.04 0.04 - 0.01 0.16 0.05 0.03 0.03 - 0.01 0.13 0.03 0.43 unch 0.00 0.90 0.50 0.50 0.50 0.47 unch 0.00 1.75 0.00 0.00 0.61 0.06 unch 0.00 0.15 0.07 0.06 0.07 0.04 unch 0.00 0.12 0.05 0.05 0.05 0.25 unch 0.00 0.60 0.25 0.25 0.25 0.27 0.33 0.27 0.33 + 0.07 0.81 0.01 0.03 0.03 0.03 - 0.01 0.10 0.04 unch 0.00 0.09 0.04 0.04 0.04 16.00 15.05 15.90 + 0.80 16.65 12.56 11.69 17.39 15.79 15.86 - 1.34 18.37 19.51 42.51 39.53 40.97 - 1.28 48.12 0.52 0.74 0.61 0.68 + 0.10 1.40 0.12 0.56 0.50 0.51 + 0.04 0.65 0.20 0.29 0.29 0.29 + 0.00 0.29 0.27 0.39 0.35 0.37 + 0.02 0.79 2.26 3.02 2.92 3.00 + 0.13 3.22 2.84 3.98 3.84 3.95 + 0.10 4.13 0.26 unch 0.00 0.46 0.46 0.00 0.46 0.21 unch 0.00 0.34 0.34 0.32 0.32 0.11 0.10 0.11 + 0.01 0.18 0.09 0.08 0.07 0.08 + 0.00 0.15 0.07 0.03 0.00 0.03 unch 0.00 0.10 0.03 1.22 1.14 1.19 + 0.04 1.85 0.95 0.91 0.88 0.90 + 0.02 1.47 0.75 0.04 0.00 0.04 - 0.00 0.07 0.02 0.06 0.00 0.06 + 0.01 0.11 0.04 0.03 0.12 0.10 0.10 - 0.01 0.22 0.08 0.08 0.08 - 0.02 0.18 0.03 0.03 0.02 0.03 + 0.01 0.03 0.01 0.06 0.08 0.06 0.06 - 0.02 0.16 0.04 0.06 0.05 0.05 + 0.01 0.12 0.29 0.27 0.29 + 0.03 0.35 0.16 0.33 unch 0.00 0.43 0.38 0.35 0.37 0.13 0.16 0.14 0.15 + 0.02 0.76 0.09 0.12 0.10 0.11 + 0.01 0.62 0.22 0.33 0.27 0.30 - 0.01 0.40 0.18 0.26 0.20 0.24 - 0.00 0.34 0.10 unch 0.00 4.07 0.37 0.00 0.37 0.15 unch 0.00 0.50 0.19 0.18 0.19 0.11 0.14 0.12 0.14 - 0.01 0.40 0.13 0.92 0.61 0.85 + 0.08 1.41 0.09 1.20 0.80 1.13 + 0.16 1.88 0.08 unch 0.00 0.16 0.10 0.10 0.10 1.01 1.30 1.23 1.24 - 0.03 2.30 0.98 0.91 0.95 + 0.04 2.25 0.69 0.58 2.00 1.72 1.78 - 0.22 2.45 0.73 2.61 2.26 2.32 - 0.28 3.20 0.06 unch 0.00 0.15 0.06 0.06 0.06 0.00 0.00 0.13 unch 0.00 0.18 0.13 0.65 unch 0.00 1.86 0.83 0.65 0.80 0.51 0.63 0.51 0.62 - 0.00 1.48 0.04 0.04 0.04 0.04 + 0.01 0.16 0.09 unch 0.00 0.21 0.09 0.09 0.09 0.07 unch 0.00 0.28 0.13 0.12 0.12 0.11 unch 0.00 0.41 0.12 0.11 0.11 0.08 0.09 0.08 0.08 + 0.00 0.35 0.16 0.58 0.44 0.50 - 0.03 1.12 0.13 0.44 0.32 0.40 - 0.04 0.84 0.21 0.24 0.00 0.24 + 0.01 0.46 0.29 unch 0.00 0.58 0.32 0.29 0.31 0.10 unch 0.00 0.25 0.00 0.00 0.25 0.11 0.09 0.11 + 0.02 0.20 0.04 0.07 0.07 0.07 unch 0.00 0.07 0.03 0.11 0.10 0.10 unch 0.00 0.25 0.10 0.00 0.00 0.00 0.00 - 0.00 0.02 0.07 0.25 0.23 0.24 + 0.01 0.34 0.09 0.33 0.29 0.33 + 0.02 0.43

Dajin Res V 117 Dajin Res* O 197 63 Dakota Ter Res* O Daleco Res* O 94 O 970 Dalradian Res* Dalradian Res T 1254 Damara Gold V 236 Danakali* O 203 Debut Dmds 1220 Decade Res V 237 Decade Res* O 1122 Declan Res 157 V 14 Deep-South Res Defiance Silvr V 255 O 98 Defiance Silvr* Delrand Res V 240 T 3719 Denison Mines X 3599 Denison Mines* Desert Gold V 109 Desert Lion* O 3 Desert Lion V 130 Desert Mtn Egy V 252 86 Desert Mtn Egy* O Detour Gold T 4497 O 529 Diamante Min* O 46 Diamcor Mng* Diamcor Mng V 52 O 775 Diamond Disc* V 250 Diamond Fields 20 Diamond Fields* O Dios Expl V 244 O 55 Discovery Gold* V 48 Discovery Harb V 53 Discovery Met 27674 O Discovery Mnls* V 38 Discovery-Corp District Cop V 246 Ditem Explor* O 241 DNI Metals 823 DNI Metals* O 339 80 Dolat Ventures* O 45 Dolly Vard Sil* O 63 Dolly Vard Sil V V 730 Doubleview Cap DRDGOLD* N 182 59 Duncan Park H V Dundee Prec Mt T 1057 O 117 Dunnedin Vent* Duran Vent * O 100 Duran Vent V 275 Durango Res V 368 Durango Res* O 121 V 251 DV Resources Dynacor Gld Mn T 185 Dynacor Gld Mn* O 111 O 1 Dynamic Gold* O 0 DynaResource* Dynasty Gold V 151 O 0 Dynasty Gold* E3 Metals V 85 E3 Metals* O 44 V 137 Eagle Graphite O 5 Eagle Graphite* Eagle Plains V 997 75 V East Africa 56 East Africa * O 25 East Asia Mnls* O East Asia Mnls V 463 EastCoal Inc V 0 O 31 Eastern Platin* Eastern Platin T 26 Eastfield Res V 151 O 112 Eastmain Res* Eastmain Res T 716 147 Eco Oro Mnls 10 Eco Oro Mnls* O eCobalt Solns T 2725 O 1083 eCobalt Solns* V 35 Edgewater Expl O 1 Edgewater Expl* El Capitan Prc* O 2276 14 El Nino Vent V Elcora Res V 104 Elcora Res* O 66 18967 N Eldorado Gold* T 7352 Eldorado Gold

0.08 unch 0.00 0.22 0.10 0.09 0.10 0.06 0.08 0.07 0.07 - 0.00 0.17 0.05 0.00 0.03 - 0.01 0.10 0.03 0.00 unch 0.00 0.01 0.00 0.00 0.00 0.67 1.11 1.09 1.11 + 0.01 1.37 0.89 1.46 1.44 1.46 + 0.01 1.69 0.04 0.06 0.05 0.05 - 0.01 0.22 0.44 0.64 0.60 0.60 - 0.00 0.65 0.01 unch 0.00 0.03 0.01 0.01 0.01 0.05 0.08 0.00 0.07 - 0.01 0.20 0.04 0.07 0.06 0.06 - 0.01 0.16 0.13 0.34 0.00 0.34 - 0.01 0.37 0.10 0.17 0.15 0.15 - 0.02 0.45 0.22 unch 0.00 0.44 0.30 0.23 0.26 0.17 0.23 0.18 0.20 + 0.00 0.35 0.42 0.50 0.00 0.48 + 0.01 2.44 0.50 0.68 0.59 0.64 + 0.01 0.80 0.38 0.52 0.45 0.49 + 0.01 0.64 0.16 0.19 0.16 0.16 - 0.03 0.30 0.56 unch 0.00 1.07 0.57 0.56 0.57 0.70 0.82 0.76 0.78 - 0.07 2.35 0.18 0.16 0.17 unch 0.00 0.25 0.06 0.14 0.12 0.14 unch 0.00 0.20 0.01 13.30 12.53 12.57 - 0.65 17.86 9.11 0.02 0.19 0.12 0.17 + 0.04 0.19 0.20 0.30 0.27 0.27 - 0.02 0.63 0.35 0.38 0.35 0.37 - 0.02 0.79 0.00 0.00 0.00 0.00 - 0.00 0.00 0.08 unch 0.00 0.15 0.13 0.08 0.08 0.06 0.06 0.06 unch 0.00 0.11 0.06 0.06 unch 0.00 0.19 0.07 0.07 0.07 0.00 0.00 0.00 0.00 - 0.00 0.01 0.05 0.08 0.07 0.08 + 0.01 0.08 0.27 0.33 0.30 0.33 + 0.03 0.92 0.00 0.00 0.00 0.00 + 0.00 0.00 0.01 unch 0.00 0.04 0.02 0.01 0.01 0.05 0.01 0.21 0.07 + 0.07 0.06 0.00 0.00 0.00 0.00 + 0.00 0.00 0.06 0.09 0.08 0.08 - 0.01 0.16 0.01 0.07 0.06 0.07 - 0.00 0.13 0.53 0.41 0.50 - 0.01 15.80 0.41 0.42 0.38 0.42 + 0.04 0.84 0.36 0.53 0.49 0.51 unch 0.00 1.04 0.47 0.04 0.10 0.08 0.08 - 0.02 0.13 2.23 2.64 2.47 2.50 - 0.04 4.11 0.01 0.01 0.01 unch 0.00 0.02 0.01 3.18 2.96 3.16 + 0.17 3.60 2.34 0.13 0.16 0.00 0.16 - 0.00 0.26 0.05 0.05 0.05 unch 0.00 0.08 0.03 0.04 0.07 0.00 0.07 + 0.01 0.10 0.06 0.08 0.07 0.08 + 0.01 0.14 0.05 0.06 0.06 0.06 - 0.00 0.08 0.10 0.21 0.18 0.21 + 0.03 0.50 1.69 1.60 1.62 - 0.06 2.26 1.50 1.27 1.22 1.23 - 0.04 1.85 1.03 0.75 2.75 0.00 2.00 - 0.75 3.00 1.00 unch 0.00 1.50 1.25 1.25 1.25 0.10 0.23 0.21 0.23 + 0.02 0.27 0.07 unch 0.00 0.22 0.00 0.00 0.17 0.32 0.38 0.34 0.35 - 0.05 1.01 0.27 unch 0.00 0.77 0.28 0.27 0.28 0.12 0.18 0.15 0.16 - 0.02 0.36 0.01 0.12 0.12 0.12 - 0.00 0.18 0.10 0.14 0.10 0.10 - 0.03 0.29 0.20 0.18 0.18 - 0.01 0.37 0.16 0.16 0.15 0.16 unch 0.00 0.28 0.13 0.04 0.00 0.04 unch 0.00 0.24 0.02 0.06 0.05 0.05 unch 0.00 0.32 0.03 0.07 unch 0.00 0.12 0.00 0.00 0.12 0.21 0.25 0.22 0.23 + 0.00 0.37 0.28 unch 0.00 0.50 0.31 0.00 0.29 0.03 0.04 0.03 0.03 - 0.01 0.05 0.14 0.16 0.15 0.15 + 0.00 0.32 0.16 0.21 0.20 0.21 + 0.01 0.38 0.20 0.20 0.20 - 0.01 0.45 0.15 0.13 0.13 0.13 unch 0.00 0.37 0.12 0.77 0.96 0.77 0.92 - 0.01 2.10 0.59 0.73 0.59 0.71 + 0.01 1.74 0.12 unch 0.00 0.21 0.16 0.16 0.16 0.09 unch 0.00 0.16 0.12 0.12 0.12 0.02 0.01 0.02 + 0.00 0.08 0.01 0.05 0.00 0.05 + 0.01 0.08 0.02 0.13 0.22 0.18 0.22 + 0.01 0.56 0.12 0.17 0.14 0.17 + 0.01 0.44 0.80 1.16 1.04 1.07 - 0.07 2.48 1.03 1.52 1.36 1.40 - 0.07 3.09

D-F

2018-07-31 4:22 PM

GLOBAL MINING NEWS

(100s) Stock

THE NORTHERN MINER / AUGUST 6–19, 2018

Week

12-month

Exc Volume High Low Last Change High Low

Eloro Mnrls* O 6 Eloro Mnrls V 43 Ely Gold Royal V 333 Ely Gold Royal* O 353 12 Elysee Dev * O Elysee Dev V 67 Emerita Res V 439 Emgold Mng* O 0 Emgold Mng V 70 Empire Rock V 0 EMX Royalty* X 695 EMX Royalty V 72 Encanto Potash* O 7 Encanto Potash V 128 V 2371 EnCore Energy T 686 Endeavour Mng Endeavour Mng* O 24 N 2634 Endeavr Silver* Endeavr Silver T 631 O 7 Endurance Gold* Endurance Gold V 69 Energy Fuels* X 8979 Energy Fuels T 2175 O 30 Enforcer Gold* Enforcer Gold V 213 V 50 Engineer Gold Engold Mines V 130 Ensurge* O 96 Entree Gold* X 167 Entree Gold T 92 Equitorial Ex V 1412 Equitorial Ex* O 3 Erdene Res Dev* O 63 Erdene Res Dev T 657 Erin Ventures* O 5 Erin Ventures V 92 Ero Copper T 246 Ero Copper* O 13 Eros Res Corp* O 14 Eros Res Corp V 301 Eros Res Corp V 301 Eskay Mng V 189 V 356 Essex Minerals Ethos Gold* O 27 Ethos Gold V 22 Euro Sun Mg* O 12 38 Euro Sun Mg T EurOmax Res* O 264 EurOmax Res T 186 European Elect* O 93 V 454 European Elect European Metal* O 975 V 9 Eurotin Everton Res V 1287 Everton Res* O 214 EVI Global Grp 125 Evolving Gold 44 Evolving Gold* O 1 Evrim Res V 303 Excellon Res* O 119 Excellon Res T 248 Excelsior Mng* O 250 T 1394 Excelsior Mng ExGen Res Inc V 51 Explor Res* O 49 Explor Res V 209 Explorex Res 67 Explorex Res* O 25 O 1 Fairmile Gold* Fairmont Res V 200 Falco Res V 582 Falco Res * O 264 Falcon Gold V 113 Fancamp Expl V 518 Far Res 4580 Far Res* O 431 O 28 Fengro Industr* Fengro Industr V 4 Filo Mg Corp V 183 Finlay Minrls V 293 Fiore Gold* O 210 Fiore Gold V 147 Fire River Gol* O 1 Firebird Res V 200 Firesteel Res V 161 Firesteel Res* O 150 Firestone Vent V 222 V 102 Fireweed Zinc Fireweed Zinc* O 14 O 381 Firma Holdings* First Bauxite V 162 First Cobalt * O 1373 First Cobalt V 5017 O 17550 First Colombia* First Energy* O 0 First Energy V 63 First Legacy V 5 First Liberty* O 4398 First Majestic T 2388 N 12236 First Majestic* First Mexican V 494 First Mg Fin T 3479 First Mg Fin * O 1226 First Point* O 97 First Quantum T 11071 V 369 Fission 3.0 Fission 3.0* O 50 Fission Uran* O 1303 Fission Uran T 2711 1 Five Star Diam V Fjordland Exp* O 30 Fjordland Exp V 90 Focus Graphite* O 91 V 1156 Focus Graphite Foran Mng V 63 Forsys Metals T 1303 Fort St J Nick V 120 Fort St James V 250 Fortescue Met* O 50 Fortuna Silvr T 1116 Fortuna Silvr* N 2822 Fortune Bay V 6 Fortune Bay* O 6 O 376 Fortune Mnrls* Fortune Mnrls T 586 V 890 Forum Energy Forum Energy* O 4 3 Fox River Res FPX Nickel V 116 N 2438 Franco-Nevada* Franco-Nevada T 1605 Franklin Mng* O 7 Freedom Egy V 144 Freegold Vent T 74 Freeport McMoR* N 109320 Freeport Res V 40 Fremont Gold V 123 O 61 Fremont Gold* Fresnillo plc* O 25 Frontier Lith V 106 Frontline Gold V 298 1 Full Metal Mnl* O Fura Gems V 87 Fura Gems* O 25

0.43 0.00 0.39 - 0.12 0.96 0.39 0.60 0.49 0.50 - 0.07 1.27 0.49 0.12 0.09 0.11 - 0.01 0.15 0.09 0.09 0.07 0.08 + 0.00 0.13 0.07 0.30 0.28 0.28 + 0.00 0.31 0.20 0.38 0.37 0.38 + 0.02 0.39 0.26 0.06 0.06 0.06 unch 0.00 0.17 0.06 0.13 0.00 0.13 - 0.02 0.25 0.09 0.20 0.00 0.17 - 0.03 0.31 0.14 0.00 0.00 0.12 unch 0.00 0.30 0.12 1.26 1.09 1.24 + 0.15 1.34 0.67 1.63 1.45 1.60 + 0.15 1.70 0.85 0.16 0.13 0.14 - 0.02 0.22 0.02 0.20 0.18 0.19 - 0.01 0.70 0.18 0.07 0.05 0.07 + 0.02 0.08 0.04 24.09 23.16 23.90 + 0.66 26.86 20.61 18.34 17.80 18.31 + 0.53 21.72 16.01 2.99 2.88 2.91 - 0.06 3.35 1.94 3.89 3.76 3.81 - 0.10 4.40 2.50 0.04 0.04 0.04 - 0.00 0.06 0.04 0.05 0.05 0.05 - 0.02 0.09 0.05 2.85 2.45 2.74 + 0.15 2.81 1.30 3.72 3.23 3.65 + 0.26 3.68 1.66 0.04 0.04 0.04 unch 0.00 0.16 0.04 0.06 0.05 0.05 - 0.01 0.21 0.05 0.10 0.08 0.10 + 0.02 0.11 0.08 0.19 0.17 0.18 + 0.01 0.38 0.14 0.06 0.05 0.05 unch 0.00 0.09 0.02 0.45 0.41 0.44 - 0.00 0.69 0.33 0.58 0.55 0.56 - 0.03 0.85 0.42 0.07 0.06 0.06 - 0.01 0.15 0.06 0.04 0.04 0.04 unch 0.00 0.11 0.04 0.29 0.28 0.28 - 0.00 0.75 0.25 0.39 0.37 0.37 - 0.02 0.94 0.32 0.12 0.11 0.12 + 0.01 0.23 0.01 0.16 0.14 0.15 - 0.02 0.33 0.08 8.90 8.37 8.49 - 0.15 10.85 4.70 6.60 6.44 6.44 - 0.02 8.12 3.88 0.07 0.00 0.07 + 0.00 0.18 0.07 0.10 0.10 0.10 unch 0.00 0.23 0.10 0.10 0.10 0.10 unch 0.00 0.23 0.10 0.28 0.22 0.25 unch 0.00 0.51 0.18 0.12 0.07 0.08 - 0.04 0.25 0.07 0.12 0.10 0.10 - 0.00 0.23 0.10 0.15 0.14 0.14 unch 0.00 0.28 0.13 0.69 0.65 0.69 + 0.02 1.55 0.65 0.90 0.86 0.87 - 0.01 2.02 0.86 0.12 0.08 0.10 - 0.01 0.33 0.08 0.16 0.00 0.13 - 0.07 0.37 0.11 0.12 0.10 0.12 - 0.02 0.79 0.09 0.16 0.12 0.15 + 0.01 0.93 0.12 0.00 0.00 0.00 unch 0.00 0.01 0.00 0.06 0.06 0.06 unch 0.00 0.10 0.05 0.04 0.00 0.04 unch 0.00 0.06 0.03 0.03 0.02 0.02 + 0.00 0.05 0.02 0.19 0.19 0.19 unch 0.00 0.43 0.03 0.10 0.00 0.10 + 0.01 0.41 0.09 0.05 0.05 0.05 unch 0.00 0.32 0.05 1.08 1.00 1.01 - 0.08 1.70 0.20 1.00 0.92 0.95 - 0.03 1.87 0.87 1.30 1.20 1.24 - 0.03 2.30 1.16 0.81 0.73 0.73 - 0.01 1.21 0.73 1.06 0.95 0.95 - 0.01 1.50 0.93 0.02 0.01 0.02 + 0.01 0.04 0.01 0.04 0.00 0.04 + 0.01 0.08 0.02 0.04 0.04 0.04 unch 0.00 0.10 0.03 0.35 0.33 0.33 - 0.02 0.65 0.18 0.25 0.25 0.25 unch 0.00 0.31 0.15 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.02 0.02 0.02 unch 0.00 0.04 0.01 0.51 0.47 0.49 - 0.01 1.25 0.47 0.45 0.35 0.37 - 0.01 1.01 0.35 0.05 0.04 0.04 unch 0.00 0.08 0.04 0.08 0.07 0.07 - 0.01 0.18 0.05 0.20 0.14 0.14 - 0.06 1.10 0.14 0.15 0.10 0.11 - 0.04 0.87 0.11 0.08 0.08 0.08 unch 0.00 0.23 0.08 0.10 0.00 0.10 unch 0.00 0.40 0.10 2.29 2.10 2.20 - 0.04 2.80 2.00 0.05 0.04 0.04 - 0.01 0.34 0.04 0.31 0.26 0.28 + 0.01 0.95 0.24 0.40 0.35 0.39 + 0.02 1.18 0.35 0.05 0.05 0.05 unch 0.00 0.51 0.00 0.03 0.03 0.03 unch 0.00 0.09 0.01 0.16 0.15 0.15 - 0.01 0.17 0.05 0.10 0.10 0.10 unch 0.00 0.12 0.10 0.08 0.08 0.08 unch 0.00 0.19 0.03 1.37 1.27 1.30 unch 0.00 2.14 0.67 1.05 0.00 1.02 + 0.03 1.67 0.54 0.06 0.02 0.06 + 0.01 0.13 0.02 0.05 0.04 0.04 - 0.01 0.06 0.03 0.29 0.24 0.28 + 0.01 1.30 0.24 0.38 0.32 0.36 unch 0.00 1.65 0.32 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.19 0.00 0.19 unch 0.00 0.32 0.10 0.24 0.20 0.20 - 0.03 0.43 0.15 0.15 0.15 0.15 unch 0.00 0.25 0.13 0.00 0.00 0.00 unch 0.00 0.00 0.00 8.78 8.32 8.42 - 0.26 11.09 6.24 6.71 6.32 6.43 - 0.19 8.48 4.93 0.04 0.03 0.03 - 0.01 0.07 0.01 0.45 0.41 0.44 + 0.01 0.75 0.41 0.35 0.31 0.33 + 0.02 0.60 0.30 0.10 0.10 0.10 unch 0.00 0.13 0.06 19.44 17.82 19.05 + 1.15 23.05 12.09 0.15 0.12 0.14 + 0.02 0.30 0.08 0.12 0.08 0.10 + 0.02 0.17 0.02 0.55 0.47 0.51 + 0.02 0.72 0.43 0.71 0.61 0.68 + 0.04 0.89 0.55 0.12 0.00 0.12 unch 0.00 0.30 0.09 0.18 0.18 0.18 unch 0.00 0.47 0.08 0.26 0.00 0.26 + 0.06 0.59 0.10 0.04 0.02 0.03 - 0.00 0.08 0.02 0.04 0.04 0.04 unch 0.00 0.11 0.04 0.43 0.39 0.40 - 0.04 0.62 0.26 0.24 0.19 0.23 + 0.04 0.24 0.09 0.25 0.25 0.25 unch 0.00 0.59 0.15 0.25 0.25 0.25 unch 0.00 0.59 0.15 3.40 0.00 3.17 - 0.13 4.79 3.16 7.39 7.08 7.13 - 0.08 7.78 5.13 5.67 5.43 5.45 - 0.05 6.08 4.03 0.34 0.00 0.34 + 0.01 0.59 0.32 0.27 0.25 0.26 + 0.06 0.47 0.20 0.13 0.11 0.12 + 0.01 0.33 0.00 0.16 0.15 0.15 + 0.01 0.38 0.12 0.06 0.04 0.05 unch 0.00 0.09 0.04 0.04 0.03 0.04 + 0.01 0.07 0.03 0.00 0.00 0.06 unch 0.00 0.15 0.05 0.14 0.12 0.14 + 0.03 0.18 0.07 74.51 72.13 72.79 - 1.77 86.06 66.19 97.64 94.32 95.04 - 2.85 110.18 85.21 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.06 0.05 0.05 - 0.02 0.12 0.04 0.08 0.07 0.07 - 0.01 0.14 0.06 16.59 15.06 15.99 + 0.24 20.25 13.22 0.06 0.06 0.06 unch 0.00 0.08 0.03 0.15 0.12 0.13 - 0.03 0.22 0.10 0.16 0.10 0.16 + 0.05 0.17 0.10 14.60 13.47 13.47 - 0.97 22.04 13.47 0.43 0.00 0.43 + 0.02 0.85 0.32 0.02 0.02 0.02 unch 0.00 0.03 0.01 0.00 0.00 0.00 unch 0.00 0.12 0.00 0.48 0.37 0.45 - 0.04 1.13 0.34 0.37 0.31 0.32 - 0.06 1.23 0.27

Gabriel Res* O 23 Gabriel Res V 29 Gainey Capital V 106 Galane Gold * O 13 Galane Gold V 236 O 90 Galantas Gold* Galantas Gold V 82 Galore Res V 295 Galway Gold * O 275 Galway Gold V 302 Galway Mtls* O 7 Galway Mtls V 174 GAR Limited 20571 Garibaldi Res V 1228 Garibaldi Res * O 120 General Moly T 26 General Moly* X 501 Generation Min 26 Generic Gold 22 Genesis Mtls* O 140 Genesis Mtls V 595 5 Genius Props * O Genius Props 745 V 1025 Gensource Pot Geomega Res V 172 O 87 Geomega Res*

0.24 0.23 0.24 - 0.01 0.34 0.21 0.35 0.00 0.31 - 0.02 0.45 0.27 0.06 0.05 0.06 unch 0.00 0.20 0.05 0.04 0.04 0.04 unch 0.00 0.07 0.03 0.06 0.05 0.06 - 0.01 0.08 0.05 0.08 0.08 0.08 unch 0.00 0.10 0.06 0.10 0.09 0.09 - 0.02 0.13 0.07 0.02 0.02 0.02 unch 0.00 0.06 0.01 0.03 0.03 0.03 unch 0.00 0.12 0.03 0.18 0.00 0.15 + 0.11 0.64 0.14 0.14 0.13 0.14 + 0.01 0.36 0.13 0.21 0.18 0.20 + 0.02 0.45 0.18 0.19 0.13 0.14 + 0.01 0.65 0.06 3.02 2.60 2.85 - 0.06 5.27 0.18 2.28 2.00 2.20 - 0.05 4.12 0.14 0.60 0.52 0.52 - 0.08 0.60 0.35 0.45 0.39 0.42 - 0.01 0.51 0.28 0.20 0.00 0.15 + 0.01 0.20 0.08 0.24 0.23 0.23 - 0.01 0.32 0.18 0.06 0.05 0.06 + 0.00 0.18 0.05 0.08 0.07 0.08 + 0.01 0.22 0.06 0.16 0.16 0.16 unch 0.00 0.22 0.16 0.24 0.20 0.24 + 0.02 0.31 0.12 0.14 0.12 0.12 - 0.02 0.16 0.06 0.10 0.09 0.10 + 0.01 0.20 0.06 0.08 0.07 0.08 + 0.00 0.12 0.04

G-H

20-23_AUG6_StockTables.indd 21

(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

Gespeg Cop Res V 1520 Getty Copper V 457 GFG Resources* O 152 GGL Res V 152 GGX Gold V 1779 GGX Gold* O 30 Giga Metals V 219 Giga Metals* O 96 Gitennes Expl V 343 Giyani Gold V 159 Giyani Gold* O 122 Glacier Lake V 143 Glacier Lake* O 4 O 144 Gldn Predator* Gldn Predator V 460 Glen Eagle Res V 122 Glencore Plc* O 1185 V 151 Global Atomic Global Cobalt* O 320 V 350 Global Energy Global Energy* O 5 Global Gold* O 0 Global Hunter* O 1 Global Li-Ion 85 Global Li-Ion* O 5 5 GlobalMin Vent* O Globex Mng* O 10 Globex Mng T 77 GMV Minerals* O 33 GMV Minerals V 799 GNCC Capital* O 267243 Go Cobalt 190 GobiMin V 44 GoGold Res T 725 Gold Dynamics* O 12 Gold Fields* O 2 Gold Fields* N 15528 Gold Finder Ex V 238 Gold Finder Ex* O 23 Gold Lakes* O 2 Gold Reserve V 17 O 32 Gold Reserve* Gold Resource* X 2476 Gold Rush Cari V 100 Gold Std Vents T 784 Gold Std Vents* X 1759 Goldbank Mng V 2 Goldcliff Res* O 62 Goldcliff Res V 103 Goldcorp T 9310 Goldcorp* N 31492 Golden Arrow V 158 Golden Arrow* O 225 O 45 Golden Band* Golden Cariboo V 1 Golden Dawn Ml V 1384 Golden Dawn Ml* O 2 O 6 Golden Global* Golden Goliath* O 79 V 28 Golden Goliath Golden Harp V 3 Golden Hope V 120 Golden Hope* O 4 Golden Mnls* X 866 Golden Mnls T 83 Golden Peak Mn V 593 Golden Peak Mn* O 65 V 12 Golden Pursuit Golden Queen T 170 O 256 Golden Queen* Golden Reign V 1004 Golden Ridge V 1414 Golden Secret V 121 Golden Share V 102 Golden Share* O 20 Golden Star T 96 Golden Star* X 2226 Golden Sun* O 1 Golden Tag V 193 O 84 Golden Valley* Golden Valley V 101 Goldex Res* O 8 Goldex Res V 16 T 266 Goldgroup Mng Goldgroup Mng* O 38 GoldMining* O 274 GoldMining T 531 GoldON Res V 10 Goldplay Expl V 70 V 694 GoldQuest Mng Goldrea Res 350 Goldrea Res* O 30 Goldrich Mng* O 244 O 58 Goldsource Min* Goldsource Min V 1058 O 304 Goldstar Mnls* Goldstar Mnls V 668 V 2560 Goldstream Mnl Goldstrike Res V 382 Goliath Res V 1495 Goliath Res* O 30 Gossan Res V 410 GoviEx Uranium* O 700 V 1192 GoviEx Uranium Gowest Gold* O 80 Gowest Gold V 332 GPM Metals V 104 GPM Metals* O 10 Gran Colombia* O 53 T 272 Gran Colombia Granada Gold V 308 O 20 Granada Gold* Grande Portage V 106 O 1 Grande Portage* Granite Ck Gld V 50 Graphite Egy* O 100 Graphite Egy 47 O 280 Graphite One* Graphite One V 520 Gratomic V 6127 Gratomic* O 173 Gray Rock Res V 185 Great Atlantic V 1162 Great Bear Res V 331 Great Bear Res* O 19 Great Lakes Gr* O 315 Great Lakes Gr V 524 Great Panther T 213 Great Panther* X 1427 0 Great Quest Fe* O Great Quest Fe V 186 V 226 Great Thunder Great Western* O 44 O 0 Greatbanks Res* Green Arrow V 593 Green River 186 Green Swan Cap V 3360 54 Green Valley M V Greencastle Rs V 163 O 472 Greenland M&En* Greenshield Ex V 0 Grid Metals V 23 Grid Metals* O 44 O 53 Grizzly Discvr* Grizzly Discvr V 37 V 2 Grosvenor Res Group Eleven V 379 87 Group Ten Mtls* O Group Ten Mtls V 548 O 106 GrowMax Res* GrowMax Res V 905 GT Gold V 322 GT Gold * O 165 GTA Res & Mng V 245 Guerrero Vents V 185 Gungnir Res V 82 Gungnir Res* O 103 V 47 Gunpoint Expl Guyana Gldflds T 2653 V 466 Guyana Goldstr Guyana Goldstr* O 9 Handa Mining V 9 Handeni Gold* O 0 V 20 Hannan Metals Hannan Metals* O 25 27 Happy Ck Mnrls V Harfang Explor V 10 N 11811 Harmony Gold* Harte Gold* O 166 Harte Gold T 925 Harvest Gold* O 1 Harvest Gold V 1003 Havilah Mining V 2502

0.04 0.03 0.04 + 0.02 0.07 0.02 0.03 0.02 0.03 unch 0.00 0.04 0.02 0.19 0.17 0.18 + 0.00 0.66 0.16 0.11 0.11 0.11 unch 0.00 0.19 0.10 0.12 0.10 0.10 - 0.01 0.22 0.07 0.06 0.06 0.06 unch 0.00 0.16 0.06 0.28 0.24 0.26 - 0.01 0.92 0.05 0.22 0.18 0.20 - 0.02 0.72 0.11 0.06 0.05 0.06 unch 0.00 0.15 0.04 0.21 0.18 0.19 - 0.02 0.50 0.17 0.16 0.16 0.16 unch 0.00 0.41 0.14 0.05 0.04 0.04 unch 0.00 0.13 0.04 0.05 0.05 0.05 unch 0.00 0.06 0.04 0.30 0.26 0.28 - 0.00 1.02 0.25 0.40 0.34 0.35 - 0.03 1.28 0.34 0.17 0.16 0.17 + 0.01 0.29 0.11 8.65 8.06 8.45 + 0.34 11.68 8.06 0.31 0.29 0.29 - 0.02 0.59 0.20 0.00 0.00 0.00 - 0.01 0.43 0.00 0.10 0.09 0.09 - 0.01 0.27 0.08 0.08 0.08 0.08 unch 0.00 0.22 0.06 0.00 0.00 2.00 unch 0.00 5.77 1.78 0.01 0.01 0.01 unch 0.00 0.10 0.01 0.21 0.19 0.19 - 0.01 0.97 0.19 0.16 0.14 0.16 - 0.00 0.80 0.13 1.70 0.80 1.00 + 0.23 140.00 0.77 0.29 0.27 0.28 + 0.00 0.47 0.27 0.39 0.36 0.38 - 0.01 0.58 0.35 0.18 0.17 0.17 - 0.00 0.42 0.12 0.23 0.21 0.23 unch 0.00 0.49 0.17 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.10 0.10 0.10 + 0.00 0.22 0.08 0.40 0.31 0.40 + 0.10 0.55 0.30 0.41 0.38 0.38 unch 0.00 0.65 0.31 0.00 0.00 0.00 unch 0.00 0.01 0.00 3.60 3.60 3.60 unch 0.00 4.80 3.53 3.70 3.55 3.66 + 0.05 4.70 3.45 0.44 0.39 0.40 - 0.04 1.85 0.11 0.33 0.32 0.33 + 0.02 1.33 0.00 0.04 0.00 0.04 - 0.01 5.00 0.01 3.23 3.00 3.12 + 0.07 5.35 2.50 2.59 2.30 2.40 + 0.09 4.25 2.05 7.13 6.47 6.49 - 0.65 7.33 3.37 0.16 0.14 0.16 + 0.02 0.35 0.13 2.22 1.97 2.21 + 0.13 2.46 1.50 1.71 1.50 1.70 + 0.11 2.01 1.15 0.14 0.14 0.14 unch 0.00 0.34 0.11 0.07 0.06 0.07 + 0.00 0.41 0.06 0.11 0.09 0.10 + 0.01 0.52 0.09 17.78 16.18 16.34 - 1.51 19.32 15.00 13.51 12.37 12.50 - 1.11 15.55 11.64 0.50 0.46 0.50 + 0.04 0.72 0.37 0.39 0.35 0.39 + 0.02 0.58 0.29 0.00 0.00 0.00 unch 0.00 0.01 0.00 0.00 0.00 0.08 unch 0.00 0.19 0.05 0.26 0.15 0.20 - 0.06 0.63 0.15 0.22 0.16 0.16 - 0.06 0.31 0.10 0.10 0.00 0.10 - 0.03 0.19 0.00 0.03 0.02 0.02 - 0.01 0.05 0.01 0.03 0.03 0.03 - 0.01 0.06 0.03 0.20 0.00 0.20 unch 0.00 0.20 0.01 0.10 0.00 0.09 unch 0.00 0.14 0.07 0.08 0.07 0.08 + 0.00 0.11 0.06 0.34 0.26 0.28 - 0.04 0.64 0.26 0.44 0.36 0.37 - 0.06 0.74 0.35 0.42 0.37 0.37 - 0.02 0.56 0.16 0.31 0.31 0.31 + 0.03 0.41 0.22 0.14 0.14 0.14 unch 0.00 0.21 0.11 0.18 0.17 0.17 - 0.02 0.68 0.16 0.14 0.13 0.13 - 0.01 0.54 0.12 0.20 0.18 0.20 + 0.02 0.37 0.18 0.16 0.12 0.15 - 0.01 0.41 0.11 0.27 0.27 0.27 unch 0.00 0.50 0.19 0.18 0.00 0.18 + 0.01 0.30 0.09 0.14 0.11 0.14 + 0.03 0.20 0.09 0.91 0.87 0.91 + 0.03 1.17 0.70 0.69 0.66 0.69 + 0.02 0.92 0.56 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.08 0.08 0.08 unch 0.00 0.08 0.03 0.22 0.20 0.20 - 0.02 0.25 0.19 0.27 0.26 0.26 - 0.01 0.31 0.25 0.37 0.35 0.37 - 0.00 1.96 0.35 0.52 0.00 0.49 unch 0.00 2.56 0.44 0.06 0.06 0.06 - 0.01 0.12 0.05 0.05 0.04 0.05 + 0.01 0.09 0.03 0.76 0.70 0.71 - 0.01 1.58 0.60 0.97 0.92 0.93 - 0.01 1.96 0.87 0.14 0.13 0.13 - 0.01 0.20 0.11 0.21 0.20 0.20 - 0.03 0.34 0.19 0.18 0.16 0.17 - 0.02 0.48 0.16 0.10 0.06 0.10 unch 0.00 0.38 0.04 0.08 0.08 0.08 unch 0.00 0.30 0.03 0.03 0.03 0.03 + 0.00 0.06 0.02 0.05 0.03 0.04 - 0.00 0.11 0.03 0.07 0.05 0.07 + 0.01 0.14 0.05 0.08 0.07 0.08 + 0.01 0.08 0.07 0.11 0.09 0.11 + 0.02 0.11 0.03 0.15 0.09 0.10 - 0.03 0.18 0.05 0.25 0.21 0.25 + 0.04 0.39 0.13 0.25 0.17 0.19 - 0.05 0.40 0.08 0.18 0.18 0.18 + 0.01 0.21 0.18 0.07 0.05 0.06 - 0.01 0.12 0.05 0.17 0.15 0.17 + 0.00 0.27 0.14 0.22 0.20 0.22 + 0.01 0.33 0.17 0.05 0.04 0.05 + 0.01 0.18 0.04 0.07 0.06 0.07 + 0.01 0.23 0.06 0.04 0.04 0.04 - 0.01 0.18 0.04 0.03 0.02 0.02 - 0.00 0.11 0.02 2.00 1.89 1.89 - 0.13 2.62 1.08 2.67 2.44 2.48 - 0.17 3.45 1.34 0.22 0.20 0.20 - 0.02 0.52 0.17 0.16 0.15 0.15 - 0.01 0.45 0.13 0.23 0.00 0.22 + 0.01 0.71 0.14 0.15 0.00 0.15 unch 0.00 0.56 0.12 0.12 0.10 0.10 unch 0.00 0.17 0.08 0.12 0.10 0.10 - 0.03 1.56 0.08 0.16 0.00 0.14 - 0.03 1.76 0.12 0.05 0.04 0.05 + 0.00 0.09 0.03 0.06 0.05 0.06 + 0.01 0.12 0.04 0.12 0.10 0.11 - 0.01 0.32 0.05 0.10 0.08 0.09 - 0.01 0.21 0.04 0.12 0.10 0.10 - 0.02 0.57 0.10 0.07 0.07 0.07 unch 0.00 0.24 0.06 0.60 0.53 0.57 - 0.01 0.73 0.25 0.44 0.41 0.43 + 0.02 0.59 0.21 0.05 0.04 0.04 + 0.00 0.08 0.02 0.06 0.05 0.06 + 0.01 0.09 0.03 1.53 1.46 1.49 - 0.02 1.86 1.38 1.17 1.11 1.13 - 0.03 1.46 1.06 0.00 0.00 0.05 unch 0.00 0.16 0.05 0.08 0.07 0.07 - 0.01 0.24 0.07 0.02 0.00 0.02 + 0.01 0.07 0.02 0.00 0.00 0.00 - 0.00 0.01 0.00 0.00 0.00 0.02 unch 0.00 0.03 0.02 0.03 0.02 0.03 - 0.01 0.19 0.02 0.07 0.06 0.06 unch 0.00 0.09 0.03 0.05 0.04 0.04 unch 0.00 0.10 0.03 0.24 0.23 0.23 - 0.01 0.50 0.08 0.08 0.08 0.08 - 0.01 0.18 0.07 0.07 0.06 0.06 - 0.00 0.11 0.05 0.00 0.00 0.15 unch 0.00 0.15 0.05 0.16 0.00 0.15 - 0.02 0.52 0.10 0.11 0.11 0.11 + 0.00 0.37 0.11 0.07 0.06 0.07 + 0.01 0.11 0.03 0.09 0.08 0.08 unch 0.00 0.14 0.04 0.15 0.00 0.15 - 0.04 0.20 0.15 0.16 0.14 0.15 - 0.01 0.40 0.14 0.14 0.13 0.14 - 0.00 0.23 0.09 0.19 0.17 0.17 - 0.01 0.28 0.10 0.10 0.08 0.10 + 0.01 0.13 0.06 0.13 0.11 0.13 + 0.01 0.19 0.09 0.85 0.78 0.78 - 0.07 2.76 0.45 0.65 0.59 0.60 - 0.07 2.24 0.36 0.03 0.03 0.03 unch 0.00 0.06 0.03 0.13 0.10 0.13 + 0.03 0.30 0.10 0.12 0.11 0.11 - 0.01 0.22 0.06 0.09 0.00 0.09 + 0.00 0.17 0.05 0.33 0.32 0.32 - 0.03 0.41 0.16 4.36 4.01 4.27 + 0.13 5.42 3.53 0.33 0.28 0.32 - 0.01 0.39 0.14 0.24 0.23 0.23 + 0.00 0.28 0.14 0.07 0.00 0.07 - 0.01 0.18 0.05 0.00 0.00 0.05 unch 0.00 0.13 0.02 0.14 0.12 0.14 + 0.01 0.43 0.12 0.11 0.09 0.11 + 0.01 0.34 0.08 0.15 0.15 0.15 - 0.01 0.26 0.14 0.27 0.27 0.27 + 0.02 0.35 0.22 1.73 1.62 1.68 + 0.06 2.53 1.52 0.29 0.27 0.28 - 0.00 0.53 0.26 0.38 0.36 0.37 + 0.01 0.66 0.33 0.04 0.03 0.03 - 0.01 0.05 0.03 0.06 0.05 0.06 unch 0.00 0.07 0.04 0.69 0.34 0.34 - 0.30 0.69 0.48

(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

Hawkeye Gld&Di V 625 Heatherdale Rs V 123 41644 Hecla Mining* N Helio Res V 5 Hellix Vent* O 38 O 13 Hemcare Health* Heron Res* O 20 HFX Holding V 20 Highbank Res V 65 Highbury Proj V 8 Highland Copp* O 414 Highland Copp V 318 56 Highway 50 Gld V Highway 50 Gld* O 5 HiHo Silver 514 HiHo Silver* O 25 Hinterland Mtl V 109 O 8 Hochschild Mg* Homeland Egy* O 0 V 0 Homeland Egy Honey Badger E V 2523 Honey Badger E* O 23 T 666 Horizonte Mnls 53 Hornby Bay Mnl* O Hornby Bay Mnl V 60 HudBay Mnls* N 2567 HudBay Mnls T 10188 Hudson Res V 74 Hudson Res* O 17 Hunt Mng* O 40 Hunt Mng V 29 45 Hut 8 Mining* O Hut 8 Mining V 242 V 50 Hybrid Mineral Hycroft Mg* O 1

0.04 0.04 0.04 unch 0.00 0.12 0.04 0.03 0.03 0.03 unch 0.00 0.08 0.03 3.54 3.15 3.15 - 0.07 5.58 3.20 0.09 0.09 0.09 + 0.01 0.50 0.08 0.03 0.01 0.03 + 0.01 0.08 0.01 0.59 0.49 0.50 - 0.05 2.30 0.11 0.40 0.40 0.40 unch 0.00 0.90 0.40 0.07 0.07 0.07 unch 0.00 0.12 0.04 0.04 0.03 0.04 unch 0.00 0.06 0.02 0.30 0.30 0.30 unch 0.00 0.35 0.22 0.05 0.05 0.05 unch 0.00 0.14 0.05 0.07 0.06 0.07 unch 0.00 0.17 0.06 0.38 0.30 0.30 - 0.04 0.44 0.22 0.25 0.25 0.25 unch 0.00 0.32 0.21 0.07 0.04 0.07 unch 0.00 0.14 0.03 0.06 0.06 0.06 unch 0.00 0.07 0.04 0.02 0.02 0.02 unch 0.00 0.05 0.02 2.45 2.42 2.42 - 0.01 4.37 2.37 0.00 0.00 0.22 unch 0.00 0.24 0.22 0.18 0.00 0.18 unch 0.00 0.38 0.18 0.16 0.11 0.12 - 0.04 0.20 0.04 0.13 0.10 0.10 - 0.02 0.16 0.03 0.07 0.07 0.07 unch 0.00 0.11 0.04 0.01 0.01 0.01 - 0.00 0.07 0.00 0.03 0.03 0.03 unch 0.00 0.08 0.00 5.45 5.15 5.15 - 0.15 10.25 5.05 7.15 6.73 6.78 - 0.15 12.65 6.75 0.45 0.43 0.43 - 0.03 0.64 0.38 0.33 0.32 0.32 - 0.01 0.52 0.29 0.21 0.20 0.21 unch 0.00 0.41 0.11 0.28 0.24 0.24 - 0.04 0.51 0.13 2.74 2.33 2.71 + 0.42 3.74 1.88 3.58 3.00 3.55 + 0.56 5.00 0.04 0.20 0.18 0.20 - 0.02 0.55 0.15 0.03 0.00 0.02 - 0.05 0.50 0.01

I-Minerals* O 12 I-Minerals V 15 IAMGOLD T 3949 15231 IAMGOLD* N Iconic Mnls V 381 Iconic Mnls * O 95 IDM Mining* O 55 IDM Mining V 1054 IEMR Res V 1880 IGC Res V 26 iMetal Res* O 253 iMetal Res V 915 V 320 IMPACT Silver O 1 Impala Platnm* Imperial Metal* O 30 Imperial Metal T 359 Imperial Mg Gr V 114 Inca One Gold V 1495 Inception Mng * O 8 Independence G V 49 O 1 Independence G* Indiana Res* O 1 Indico Res V 384 Indigo Expl V 130 Infinite Lith* O 4 Infinite Lith V 222 Inform Res V 0 Inomin Mines V 25 Inspiration Mg 420 O 49 Inspiration Mg* Intact Gold V 47 Integra Res* O 12 Integra Res V 77 O 5 Inter-Rock Mnl* Inter-Rock Mnl V 9 Intercontinent V 16 Intercontinent* O 0 Intgr Egy Sol* O 65932 Intl Battery* O 230 Intl Battery 193 Intl Bethl Mng V 84 Intl Cobalt* O 82 Intl Cobalt 108 Intl Corona V 86 Intl Lithium* O 125 Intl Lithium V 444 8 Intl Millm Mng V Intl Montoro* O 409 Intl Montoro V 520 Intl Prospect * O 1 Intl Prospect V 1 Intl Samuel Ex V 1358 Intl Star* O 5385 Intl Tower Hil* X 564 50 Intl Tower Hil T Intl Zeolite V 179 Intl Zeolite* O 50 Intrepid Pots* N 2436 INV Metals* O 65 INV Metals T 19 24 Inventus Mg * O Inventus Mg V 60 InZinc Mining V 306 InZinc Mining* O 97 O 193 Ireland* Ironside Res V 61 3 Ironside Res * O Irving Res 73 Irving Res* O 42 IsoEnergy Ltd V 900 O 12 Itafos* Itafos V 16 42 Itoco Mg Corp* O Ivanhoe Mines* O 678 T 3586 Ivanhoe Mines Jade Leader* O 144 Jade Leader V 146 Jaeger Res V 10 Jaguar Mng T 107 Jaguar Mng* O 43 Japan Gold V 275 Japan Gold* O 32 Jasper Mng V 6 O 17 Jaxon Mining* Jaxon Mining V 904 Jayden Res* O 0 Jayden Res V 920 Jiulian Res V 55 Jourdan Res V 1273 Jubilee Gold V 3 Jubilee Metals* O 15 V 2437 Juggernaut Exp Juggernaut Exp* O 143 K2 Gold V 89 K92 Mng Inc* O 558 K92 Mng Inc V 1363 Kaizen Discov V 362 O 195 Kaizen Discvry* Kapuskasing Gd V 376 Karmin Expl V 14 Karnalyte Res T 31 Karoo Expl V 341 KAT Expl* O 4275 Katanga Mng T 1739 Kenadyr Mining V 172 O 4 Kenadyr Mining* Kermode Res V 10 Kerr Mines* O 191 Kerr Mines T 237 O 13 Kesselrun Res* Kesselrun Res V 274 Kestrel Gold V 566 Khan Res 134 V 448 Kilo Goldmines Kilo Goldmines* O 39 O 100 Kincora Copper* Kincora Copper V 172 3 Kings Bay Res* O Kings Bay Res V 499 V 33 Kingsmen Res Kingsmen Res* O 7 Kinross Gold T 8671 Kinross Gold* N 30199 Kintavar Exp V 376 Kirkland Lake* N 2538 Kirkland Lake T 2906 Kitrinor Mtls V 2650 T 487 Klondex Mines Klondike Gold V 388 O 221 Klondike Gold* Klondike Silv V 391 Klondike Silv* O 0 Knick Expl V 276 V 55 Kombat Copper Kombat Copper* O 1

0.18 0.17 0.17 - 0.00 0.35 0.14 0.23 0.21 0.22 - 0.01 0.43 0.21 7.71 7.13 7.34 - 0.37 8.87 6.22 5.86 5.45 5.61 - 0.28 7.25 4.80 0.10 0.09 0.10 - 0.01 0.43 0.04 0.08 0.07 0.07 - 0.00 0.28 0.03 0.06 0.00 0.06 unch 0.00 0.12 0.04 0.08 0.07 0.07 + 0.01 0.15 0.06 0.04 0.02 0.03 unch 0.00 0.05 0.01 0.16 0.15 0.15 - 0.01 0.25 0.05 0.07 0.06 0.06 - 0.01 0.12 0.05 0.09 0.08 0.08 - 0.02 0.18 0.05 0.39 0.32 0.37 + 0.02 0.56 0.26 1.47 1.47 1.47 unch 0.00 2.68 2.10 1.22 1.02 1.02 - 0.20 3.37 1.08 1.65 1.33 1.39 - 0.21 4.12 1.36 0.09 0.07 0.08 + 0.01 0.27 0.05 0.07 0.06 0.06 unch 0.00 0.13 0.05 0.15 0.00 0.14 - 0.05 0.39 0.11 0.11 0.00 0.10 - 0.02 0.21 0.08 0.06 0.06 0.06 unch 0.00 0.17 0.06 0.03 0.03 0.03 unch 0.00 0.07 0.03 0.02 0.01 0.01 - 0.01 0.03 0.01 0.02 0.02 0.02 unch 0.00 0.06 0.02 0.09 0.09 0.09 unch 0.00 0.34 0.07 0.13 0.10 0.12 + 0.01 0.45 0.10 0.00 0.00 0.18 unch 0.00 0.39 0.14 0.06 0.06 0.06 unch 0.00 0.20 0.02 0.04 0.03 0.03 - 0.01 0.27 0.01 0.03 0.02 0.02 - 0.01 0.20 0.01 0.16 0.15 0.16 unch 0.00 1.18 0.14 0.64 0.60 0.62 - 0.03 1.83 0.05 0.84 0.80 0.80 - 0.04 1.40 0.80 0.27 0.27 0.27 unch 0.00 0.35 0.19 0.36 0.35 0.35 + 0.01 0.59 0.24 0.50 0.00 0.46 - 0.06 0.65 0.11 0.00 0.00 0.41 unch 0.00 0.47 0.12 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.23 0.19 0.19 - 0.03 1.11 0.15 0.29 0.25 0.27 - 0.02 1.38 0.25 0.06 0.06 0.06 unch 0.00 0.17 0.03 0.11 0.09 0.10 - 0.01 0.31 0.07 0.13 0.00 0.13 - 0.02 0.45 0.08 0.05 0.04 0.04 - 0.01 0.08 0.03 0.08 0.07 0.07 + 0.00 0.18 0.05 0.11 0.09 0.10 unch 0.00 0.23 0.08 0.03 0.02 0.03 + 0.01 0.04 0.01 0.04 0.04 0.04 + 0.00 0.06 0.03 0.05 0.04 0.04 - 0.01 0.08 0.03 0.15 0.15 0.15 - 0.01 0.28 0.08 0.00 0.00 0.24 unch 0.00 0.38 0.09 0.07 0.06 0.07 unch 0.00 0.30 0.03 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.54 0.47 0.47 - 0.05 0.78 0.29 0.68 0.60 0.61 - 0.05 0.99 0.38 0.22 0.19 0.19 - 0.03 0.65 0.19 0.15 0.15 0.15 unch 0.00 0.51 0.14 4.25 4.00 4.15 + 0.10 5.31 2.87 0.33 0.33 0.33 unch 0.00 0.80 0.31 0.41 0.00 0.40 - 0.01 1.07 0.40 0.16 0.14 0.16 + 0.02 0.31 0.09 0.24 0.16 0.20 + 0.02 0.39 0.12 0.11 0.10 0.11 + 0.01 0.24 0.09 0.10 0.08 0.08 - 0.02 0.19 0.07 0.13 0.11 0.11 - 0.01 0.26 0.05 0.15 0.11 0.15 + 0.04 0.21 0.08 0.10 0.08 0.10 unch 0.00 0.12 0.07 1.12 1.00 1.09 - 0.08 1.52 0.66 0.85 0.79 0.79 - 0.04 1.22 0.52 0.42 0.31 0.36 + 0.06 0.73 0.26 1.72 0.00 1.72 + 0.03 2.25 0.97 2.20 2.10 2.15 + 0.05 2.90 1.14 0.10 0.09 0.09 - 0.01 1.20 0.05 1.99 1.85 1.88 - 0.03 4.04 1.87 2.61 2.41 2.43 - 0.07 5.05 2.45 0.25 0.23 0.25 + 0.03 0.38 0.06 0.32 0.30 0.31 + 0.02 0.50 0.08 0.03 0.02 0.03 + 0.01 0.07 0.02 0.35 0.32 0.32 - 0.03 0.41 0.24 0.26 0.00 0.25 + 0.00 0.33 0.18 0.15 0.12 0.12 - 0.01 0.39 0.12 0.10 0.09 0.09 - 0.03 0.30 0.10 0.09 0.00 0.09 unch 0.00 0.18 0.06 0.11 0.00 0.11 + 0.02 0.27 0.08 0.15 0.10 0.14 + 0.03 0.41 0.10 0.00 0.00 0.08 unch 0.00 0.30 0.06 0.12 0.12 0.12 - 0.01 0.38 0.08 0.10 0.08 0.08 - 0.02 0.15 0.02 0.09 0.07 0.09 + 0.02 0.16 0.04 0.64 0.64 0.64 unch 0.00 0.72 0.35 0.04 0.04 0.04 unch 0.00 0.06 0.03 0.59 0.48 0.51 - 0.06 0.59 0.17 0.45 0.37 0.38 - 0.04 0.45 0.27 0.24 0.23 0.23 - 0.01 0.56 0.18 0.66 0.60 0.64 - 0.02 0.79 0.31 0.86 0.79 0.84 - 0.01 1.04 0.41 0.11 0.09 0.11 + 0.02 0.18 0.05 0.07 0.05 0.07 + 0.01 0.13 0.04 0.02 0.00 0.02 unch 0.00 0.06 0.01 0.85 0.00 0.85 + 0.07 1.50 0.50 0.40 0.34 0.34 - 0.01 0.75 0.34 0.23 0.15 0.15 - 0.04 1.10 0.15 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.94 0.88 0.90 - 0.01 2.83 0.49 0.15 0.13 0.13 - 0.01 0.36 0.10 0.10 0.09 0.10 + 0.00 0.28 0.08 0.02 0.02 0.02 unch 0.00 0.03 0.01 0.16 0.13 0.16 - 0.00 0.34 0.13 0.20 0.18 0.20 unch 0.00 0.41 0.18 0.06 0.06 0.06 - 0.00 0.17 0.06 0.09 0.08 0.08 unch 0.00 0.23 0.08 0.03 0.02 0.03 unch 0.00 0.19 0.02 0.09 0.08 0.08 - 0.01 0.18 0.05 0.03 0.03 0.03 unch 0.00 0.07 0.03 0.02 0.02 0.02 unch 0.00 0.06 0.02 0.23 0.14 0.15 + 0.04 0.32 0.10 0.29 0.16 0.17 + 0.01 0.42 0.11 0.03 0.03 0.03 - 0.02 0.12 0.03 0.06 0.05 0.05 - 0.01 0.16 0.05 0.33 0.24 0.29 + 0.02 0.33 0.10 0.20 0.20 0.20 unch 0.00 0.23 0.07 4.86 4.68 4.69 - 0.15 5.96 4.44 3.70 3.58 3.59 - 0.10 4.91 3.48 0.40 0.32 0.38 + 0.01 0.65 0.10 22.43 21.56 21.73 - 0.25 23.33 9.50 29.33 28.17 28.42 - 0.44 30.65 11.81 4.00 3.46 3.49 - 0.24 8.61 1.01 3.03 2.88 3.03 + 0.15 4.85 1.66 0.33 0.29 0.32 + 0.01 0.60 0.22 0.25 0.22 0.25 + 0.00 0.49 0.16 0.05 0.05 0.05 unch 0.00 0.10 0.04 0.00 0.00 0.04 unch 0.00 0.08 0.02 0.02 0.01 0.01 unch 0.00 0.05 0.01 0.18 0.15 0.18 + 0.02 0.49 0.15 0.13 0.13 0.13 unch 0.00 0.34 0.13

I-J-K

(100s) Stock

Week

21

12-month

Exc Volume High Low Last Change High Low

Komet Resource V 16 O 80 Kootenay Silvr* Kootenay Silvr V 639 Kootenay Zinc 43 Kootenay Zinc* O 26 Kutcho Copper * O 69 KWG Res* O 0 KWG Res 1318

0.19 0.19 0.19 - 0.02 0.48 0.18 0.12 0.00 0.11 - 0.00 0.24 0.10 0.16 0.14 0.15 - 0.01 0.31 0.14 0.14 0.13 0.14 unch 0.00 1.00 0.09 0.11 0.09 0.11 + 0.02 0.91 0.07 0.34 0.25 0.30 + 0.01 0.84 0.25 0.00 0.00 0.01 unch 0.00 0.02 0.01 0.02 0.01 0.02 unch 0.00 0.03 0.01

Labdr Iron Mns* O 262 Labrador Gold V 53 Labrador Iron T 845 Lara Expl V 80 Laramide Res T 1072 Laredo Res* O 2937 18387 Largo Res T 16123 Largo Res* O Lateral Gold V 195 Latin Am Mnls V 1243 Latin Am Mnls* O 287 Laurion Mnl Ex* O 19 Laurion Mnl Ex V 2087 16 Le Mare Gold* O Leading Edge V 261 Leading Edge* O 349 Leagold Mg* O 210 Leagold Mg T 598 Leeta Gold V 10870 Legion Metals 317 Lepanto Con Mg* O 132 Levon Res Ltd T 186 Levon Res Ltd * O 15 Libero Copper* O 3 V 76 Libero Copper Liberty Gold* O 122 Liberty One Li V 313 Liberty One Li* O 769 LiCo Energy* O 940 LiCo Energy V 862 Lincoln Mng V 97 Lion One Mtls V 123 Lion One Mtls* O 31 Lithion Energy* O 9 Lithium Amer* N 1088 Lithium Amer T 841 Lithium Chile* O 70 Lithium Chile V 301 Lithium Corp* O 543 Lithium Energi V 65 Lithium Energi* O 15 Lithium Energy V 16 Lithium Expl* O 1218 V 66 Lithoquest Dia Lithoquest Dia* O 10 LKA Gold* O 9 O 34 Lode-Star Mg* Lomiko Mtls* O 110 Lomiko Mtls V 335 Loncor Res* O 5 Loncor Res T 20 Lone Star Gold* O 229 Lonmin plc* O 22 Lonmin plc* O 0 Lorraine Coppr* O 27 V 37 Lorraine Coppr Los Andes Copp V 74 Lovitt Res V 35 LSC Lithium* O 1 Lucara Diam T 1629 Lucky Mnls * O 838 Lucky Mnls V 4289 Lumina Gold* O 81 Lumina Gold V 307 Lund Enterpr V 3 Lundin Gold T 154 Lundin Mng T 9046 Lupaka Gold V 63 Lydian Intl* O 110 Lydian Intl T 648 Lynas Corp* O 268 Lynas Corp* O 65

0.11 0.00 0.02 + 0.01 0.10 0.00 0.28 0.24 0.28 + 0.03 0.35 0.05 25.45 23.89 24.98 + 0.95 28.55 16.41 0.65 0.61 0.64 - 0.01 0.99 0.50 0.32 0.27 0.31 + 0.02 0.55 0.23 0.02 0.01 0.01 - 0.00 0.05 0.00 2.68 1.66 2.03 + 0.35 2.68 0.48 2.05 1.27 1.54 + 0.26 2.05 0.38 0.84 0.80 0.83 unch 0.00 1.05 0.55 0.03 0.03 0.03 unch 0.00 0.16 0.03 0.03 0.01 0.01 - 0.01 0.12 0.02 0.07 0.07 0.07 - 0.00 0.07 0.01 0.10 0.09 0.10 unch 0.00 0.11 0.01 0.07 0.06 0.07 unch 0.00 3.40 0.03 0.54 0.45 0.53 + 0.01 1.01 0.36 0.42 0.35 0.41 + 0.02 0.80 0.26 2.03 1.84 2.01 + 0.09 2.80 1.82 2.65 2.43 2.53 + 0.07 3.48 2.41 1.04 0.84 0.93 + 0.12 6.75 0.62 0.08 0.05 0.05 unch 0.00 0.21 0.05 0.00 0.00 0.00 - 0.00 0.02 0.00 0.20 0.19 0.20 + 0.01 0.41 0.18 0.15 0.14 0.15 - 0.00 0.34 0.13 0.07 0.07 0.07 unch 0.00 0.19 0.05 0.09 0.09 0.09 unch 0.00 0.15 0.07 0.33 0.32 0.33 + 0.00 0.44 0.30 0.26 0.21 0.21 - 0.04 2.49 0.21 0.19 0.15 0.15 - 0.03 1.95 0.16 0.03 0.02 0.03 + 0.00 0.90 0.02 0.05 0.04 0.04 - 0.01 0.20 0.04 0.02 0.02 0.02 unch 0.00 0.06 0.02 0.58 0.53 0.55 - 0.01 0.79 0.45 0.42 0.41 0.41 - 0.01 0.63 0.36 0.05 0.05 0.05 unch 0.00 0.11 0.04 4.68 4.00 4.04 - 0.59 10.95 3.85 6.12 5.18 5.24 - 0.83 14.06 4.80 0.69 0.58 0.60 - 0.07 0.97 0.54 0.91 0.75 0.77 - 0.10 1.35 0.42 0.26 0.20 0.21 - 0.03 0.62 0.06 0.38 0.36 0.36 - 0.01 0.97 0.12 0.28 0.26 0.26 - 0.01 0.75 0.13 0.36 0.00 0.33 - 0.07 1.50 0.32 0.02 0.02 0.02 + 0.00 0.13 0.02 0.48 0.45 0.47 + 0.01 0.88 0.22 0.00 0.00 0.36 unch 0.00 0.51 0.29 0.19 0.00 0.15 - 0.04 0.58 0.11 0.03 0.03 0.03 unch 0.00 0.07 0.02 0.04 0.03 0.04 - 0.00 0.24 0.03 0.05 0.04 0.05 unch 0.00 0.31 0.04 0.06 0.06 0.06 unch 0.00 0.09 0.04 0.08 0.08 0.08 unch 0.00 0.12 0.06 0.01 0.01 0.01 + 0.00 0.03 0.00 0.58 0.45 0.46 + 0.01 1.40 0.45 0.00 0.00 0.76 unch 0.00 1.04 0.76 0.07 0.07 0.07 + 0.00 0.12 0.01 0.10 0.08 0.08 - 0.02 0.19 0.06 0.33 0.30 0.31 + 0.01 0.47 0.20 0.07 0.07 0.07 + 0.01 0.25 0.02 0.54 0.54 0.54 + 0.00 1.31 0.46 2.23 2.12 2.21 + 0.08 2.91 1.97 0.11 0.08 0.08 - 0.01 0.18 0.06 0.15 0.11 0.12 unch 0.00 0.23 0.09 0.63 0.59 0.63 + 0.02 0.67 0.46 0.82 0.77 0.80 - 0.01 0.85 0.60 0.11 0.11 0.11 unch 0.00 0.24 0.09 5.01 4.78 5.00 + 0.17 5.57 4.07 7.53 7.02 7.07 - 0.06 10.22 6.62 0.17 0.16 0.17 + 0.02 0.29 0.11 0.23 0.21 0.23 + 0.00 0.50 0.21 0.30 0.28 0.29 - 0.01 0.63 0.28 1.76 1.55 1.76 + 0.28 2.20 0.10 1.81 1.53 1.75 + 0.23 2.20 0.55

L

M Macarthur Mnl V 1263 0.04 0.03 0.04 unch 0.00 0.12 0.03 O 138 0.03 0.02 0.02 - 0.01 0.10 0.02 Macarthur Mnl* MacDonald Mns* O 155 0.05 0.04 0.04 - 0.00 0.11 0.04 MacDonald Mns V 243 0.06 0.05 0.06 unch 0.00 0.16 0.05 MacMillan Mnls V 31 2.22 1.99 2.00 - 0.22 2.35 1.33 V 22 0.03 0.03 0.03 unch 0.00 0.05 0.02 Madeira Mrnls MAG Silver T 475 12.82 12.29 12.48 - 0.01 17.27 11.71 Magellan Gold* O 607 0.03 0.02 0.03 + 0.00 0.13 0.01 Magna Terra V 10 0.04 0.04 0.04 unch 0.00 0.08 0.03 V 19 0.25 0.18 0.18 - 0.07 0.30 0.18 Magnitude Mng Majestic Gold V 421 0.10 0.09 0.09 + 0.01 0.10 0.04 Majestic Gold* O 0 0.00 0.00 0.06 unch 0.00 0.08 0.03 Makena Res 78 0.10 0.00 0.10 unch 0.00 0.24 0.08 Mammoth Res V 50 0.05 0.00 0.05 unch 0.00 0.16 0.04 0.04 Manado Gold V 15 0.05 0.05 0.05 - 0.01 0.24 Mandalay Res T 1447 0.19 0.18 0.19 unch 0.00 0.41 0.18 Mandalay Res* O 147 0.15 0.13 0.14 - 0.01 0.33 0.13 Manganese X* O 3 0.09 0.09 0.09 unch 0.00 0.21 0.08 Manganese X V 112 0.15 0.13 0.15 + 0.03 0.28 0.08 Mangazeya Mng V 108 0.03 0.03 0.03 unch 0.00 0.04 0.02 unch 0.00 0.19 0.05 Manitou Gold V 16 0.08 0.00 0.08 Maple Gold V 10032 0.15 0.10 0.13 - 0.02 0.34 0.10 Maple Gold* O 1050 0.11 0.08 0.10 - 0.01 0.27 0.08 Marathon Gold* O 97 0.70 0.65 0.68 + 0.02 1.14 0.64 Marathon Gold T 398 0.92 0.85 0.92 + 0.06 1.28 0.84 Margaret Lake* O 10 0.04 0.04 0.04 - 0.01 0.12 0.04 Margaret Lake V 115 0.07 0.06 0.06 + 0.01 0.16 0.05 Margaux Res V 39 0.18 0.15 0.18 + 0.01 0.35 0.12 Marifil Mines* O 3 0.10 0.10 0.10 - 0.00 0.17 0.01 Marifil Mines V 308 0.13 0.10 0.10 - 0.03 0.32 0.11 Maritime Res V 4035 0.08 0.07 0.08 - 0.01 0.14 0.07 Marlin Gold V 7 0.27 0.00 0.22 - 0.01 1.05 0.22 MartinMarietta* N 5664 226.24 203.04 205.70 - 18.52 241.33 189.27 Mas Gold V 0 0.00 0.00 0.09 unch 0.00 0.15 0.06 O 133 0.98 0.89 0.93 - 0.03 2.47 0.88 Mason Graphite* Mason Graphite V 359 1.28 1.15 1.21 - 0.06 3.15 1.15 Mason Res* O 53 0.17 0.00 0.15 - 0.03 0.29 0.01 Mason Res T 48 0.22 0.20 0.20 - 0.02 0.35 0.16 Matachewan Con V 44 0.21 0.20 0.20 unch 0.00 0.33 0.20 Matica Ent* O 95 0.14 0.11 0.12 - 0.02 0.64 0.06 Matica Ent 6016 0.18 0.15 0.16 - 0.02 0.81 0.08 Matmown* O 30 0.02 0.02 0.02 unch 0.00 0.02 0.01 Maudore Mnrls* O 32 0.00 0.00 0.00 unch 0.00 0.00 0.00 Maverix Mtls* O 19 1.63 1.52 1.56 - 0.08 1.72 1.03 Mawson Res T 53 0.28 0.25 0.27 + 0.02 0.65 0.25 Mawson Res* O 50 0.21 0.18 0.21 + 0.00 0.48 0.18 MaxTech Vent 148 0.23 0.15 0.16 - 0.04 0.60 0.14 MaxTech Vent* O 274 0.19 0.12 0.12 - 0.01 0.48 0.11 Maxwell Res* O 1 0.00 0.00 0.01 unch 0.00 0.01 0.00 Maya Gold &Sil* O 38 2.28 2.05 2.22 + 0.12 2.35 0.62 Maya Gold &Sil V 779 3.00 2.43 2.96 + 0.19 3.02 0.76 Mazarin V 15 0.08 0.07 0.07 - 0.01 0.18 0.04 MBMI Res* O 26 0.06 0.04 0.06 unch 0.00 0.09 0.00 MBMI Res V 4 0.06 0.00 0.06 unch 0.00 0.13 0.03 McChip Res V 8 0.68 0.00 0.68 + 0.03 0.87 0.37 McEwen Mng T 827 3.28 3.04 3.05 - 0.16 3.46 2.33 McEwen Mng* N 8926 2.52 2.33 2.33 - 0.12 2.86 1.82 McLaren Res 435 0.08 0.04 0.04 - 0.02 0.19 0.03 MDN Inc* O 5 0.14 0.14 0.14 unch 0.00 0.28 0.09 Meadow Bay Gd 484 0.09 0.06 0.07 + 0.01 0.26 0.05 Meadow Bay Gd* O 0 0.04 0.00 0.04 unch 0.00 0.28 0.03 Mechel* N 190 3.11 2.95 2.97 - 0.01 5.80 2.95 Medallion Res V 217 0.15 0.13 0.15 - 0.01 0.21 0.08 Medallion Res* O 102 0.12 0.10 0.11 - 0.01 0.17 0.06 Medgold Res V 64 0.39 0.36 0.36 - 0.04 0.51 0.15 Medgold Res* O 2 0.29 0.27 0.27 - 0.02 0.38 0.12 Medinah Mnrls* O 822 0.00 0.00 0.00 - 0.00 0.01 0.00 Mega Copper V 3 0.17 0.17 0.17 unch 0.00 0.18 0.16 Mega Uranium* O 90 0.12 0.10 0.12 + 0.01 0.19 0.10 Mega Uranium T 1688 0.16 0.14 0.15 unch 0.00 0.24 0.13 Megastar Dev V 31 0.06 0.05 0.06 + 0.01 0.11 0.04 MegumaGold* O 8 0.17 0.00 0.14 - 0.03 0.24 0.07 MegumaGold 267 0.22 0.20 0.20 - 0.02 0.30 0.17 Melior Res V 6 0.95 0.00 0.95 + 0.09 1.50 0.30 unch 0.00 0.10 0.03 Melior Res* O 0 0.00 0.00 0.07 Melkior Res V 618 0.08 0.06 0.06 - 0.02 0.11 0.04 Merger Mines* O 0 0.00 0.00 25.00 unch 0.00 Meridian Mg V 199 0.12 0.10 0.10 - 0.02 1.28 0.10 Meryllion Res* O 1 0.01 0.01 0.01 unch 0.00 0.07 0.00 Meryllion Res 670 0.03 0.02 0.03 unch 0.00 0.21 0.02 Mesa Expl V 66 0.06 0.06 0.06 unch 0.00 0.08 0.03 MetalCorp V 54 0.02 0.02 0.02 + 0.01 0.06 0.02 Metalex Vent V 123 0.05 0.04 0.04 unch 0.00 0.10 0.02 Metallic Mnrls V 367 0.30 0.27 0.30 + 0.01 0.50 0.22 Metallic Mnrls* O 108 0.23 0.21 0.22 + 0.00 0.40 0.18 Metallica Min* O 60 0.02 0.02 0.02 unch 0.00 0.06 0.02 Metallis Res V 162 1.24 1.11 1.17 - 0.07 2.75 0.15

2018-07-31 4:22 PM

22

WWW.NORTHERNMINER.COM

AUGUST 6–19, 2018 / 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

Metalo Manuf 1 Metalore Res V 11 Metals Creek* O 2399 Metals Creek V 6177 Metals X* O 13 Metanor Res* O 94 Metanor Res V 207 V 120 Metron Capital Mexican Gold* O 49 Mexus Gold* O 3879 Mezzotin Mnrls V 24 MGX Minerals 1156 MGX Minerals* O 2479 Midas Gold T 407 Midas Gold* O 768 Midasco Cap V 125 Midland Expl V 50 Midnight Sun V 205 Millennial Lit* O 79 Millennial Lit V 198 Millrock Res* O 194 Millrock Res V 272 20 Milner Con Slv V Minaurum Gold V 206 Minco Silver* O 67 Minco Silver T 94 90 Minecorp Egy * O Minera Alamos * O 163 V 684 Minera Alamos Minera IRL 268 Mineral Hill V 24 Mineral Mtn* O 69 Mineral Mtn V 429 MineralRite* O 27970 V 579 Mineworx Tech Mineworx Tech* O 147 V 548 Minfocus Expl Mining Global* O 8200 V 407 Minnova Corp Minsud Res V 3 O 25 Miramont Res* Miramont Res 921 Miranda Gold V 1468 Mirasol Res V 106 Mistango River 60 MK2 Ventures V 2 0 MK2 Ventures * O Mkango Res V 76 ML Gold* O 80 ML Gold Corp V 2679 O 20 Monarca Mnrls* Monarca Mnrls V 123 V 505 Monarques Res Monarques Res* O 78 O 34 Moneta Porcpn* Moneta Porcpn T 108 4 Monitor Vent V Monitor Vent* O 4 Montan Mg* O 102 Montan Mg V 113 Montego Res 83 Montego Res* O 18 19 Montero Mg&Ex * O Montero Mg&Ex V 41 V 293 Monument Mng Morien Res* O 59 Morien Res V 91 Morumbi Res* O 9 Morumbi Res T 201 Mosaic* N 21886 25 Mount Gibson * O Mountain Boy* O 50 Mountain Boy V 93 Mountain Prov T 321 D 195 Mountain Prov* Mundoro Cap* O 207 Mundoro Cap V 508 Murchison Min V 430 MX Gold* O 91

0.39 0.39 0.39 unch 0.00 0.60 0.23 1.88 1.80 1.80 unch 0.00 4.45 1.77 0.08 0.05 0.07 + 0.03 0.08 0.03 0.11 0.06 0.09 + 0.03 0.11 0.04 0.49 0.46 0.49 + 0.03 0.96 0.46 0.45 0.42 0.42 - 0.02 0.69 0.38 0.59 0.55 0.55 - 0.03 0.83 0.48 0.07 0.06 0.07 unch 0.00 0.08 0.05 0.20 0.18 0.18 + 0.00 0.34 0.17 0.01 0.01 0.01 - 0.00 0.09 0.01 0.01 0.01 0.01 unch 0.00 0.04 0.01 0.95 0.87 0.90 unch 0.00 1.96 0.76 0.73 0.66 0.69 - 0.01 1.58 0.61 0.99 0.92 0.93 - 0.02 1.21 0.55 0.76 0.70 0.71 - 0.00 0.95 0.42 0.11 0.10 0.10 unch 0.00 0.15 0.05 0.84 0.81 0.81 - 0.05 1.17 0.79 0.26 0.24 0.25 - 0.01 0.48 0.21 1.61 1.52 1.53 - 0.05 3.87 0.99 2.12 1.96 2.01 - 0.04 4.80 1.23 0.23 0.20 0.22 - 0.00 0.35 0.15 0.30 0.27 0.29 - 0.01 0.43 0.21 0.04 0.04 0.04 unch 0.00 0.09 0.04 0.56 0.50 0.52 - 0.02 0.67 0.21 0.43 0.40 0.43 - 0.02 0.96 0.40 0.63 0.52 0.57 - 0.03 1.19 0.46 0.05 0.05 0.05 unch 0.00 0.11 0.04 0.10 0.09 0.10 + 0.00 0.18 0.08 0.13 0.12 0.13 unch 0.00 0.24 0.11 0.09 0.08 0.08 unch 0.00 0.15 0.07 0.19 0.18 0.19 unch 0.00 0.34 0.15 0.23 0.19 0.22 + 0.04 0.60 0.13 0.30 0.25 0.28 + 0.04 0.74 0.15 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.23 0.19 0.20 - 0.02 0.40 0.06 0.17 0.15 0.17 + 0.00 0.33 0.05 0.02 0.01 0.02 + 0.01 0.06 0.01 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.80 0.79 0.79 - 0.01 0.93 0.55 0.07 0.07 0.07 unch 0.00 0.21 0.06 0.20 0.15 0.18 - 0.12 0.33 0.14 0.24 0.19 0.23 - 0.17 0.65 0.19 0.03 0.03 0.03 - 0.01 0.08 0.02 1.85 1.66 1.67 - 0.08 2.60 1.51 0.03 0.03 0.03 unch 0.00 0.07 0.01 0.00 0.00 0.29 unch 0.00 0.38 0.09 0.00 0.00 0.13 unch 0.00 0.13 0.08 0.13 0.12 0.12 - 0.01 0.24 0.05 0.09 0.06 0.09 + 0.03 0.26 0.06 0.14 0.09 0.11 + 0.02 0.32 0.09 0.03 0.00 0.03 - 0.01 0.12 0.03 0.06 0.05 0.05 - 0.02 0.16 0.04 0.28 0.23 0.26 - 0.02 0.47 0.23 0.21 0.18 0.19 - 0.02 0.38 0.18 0.10 0.09 0.10 + 0.00 0.17 0.09 0.14 0.13 0.13 unch 0.00 0.23 0.12 0.21 0.00 0.21 + 0.01 0.80 0.19 0.16 0.12 0.14 + 0.00 0.42 0.12 0.04 0.04 0.04 unch 0.00 0.04 0.01 0.06 0.00 0.06 + 0.01 0.11 0.03 0.11 0.11 0.11 unch 0.00 0.55 0.07 0.08 0.08 0.08 - 0.00 0.32 0.08 0.19 0.19 0.19 + 0.00 0.38 0.14 0.25 0.22 0.22 + 0.01 0.49 0.12 0.07 0.06 0.07 - 0.01 0.09 0.06 0.44 0.41 0.44 + 0.04 0.60 0.37 0.59 0.55 0.59 + 0.04 0.77 0.47 0.60 0.59 0.60 + 0.02 0.96 0.48 0.82 0.77 0.80 + 0.05 1.23 0.62 30.18 28.26 29.78 + 1.46 29.95 19.23 0.33 0.33 0.33 unch 0.00 0.34 0.28 0.06 0.06 0.06 unch 0.00 0.09 0.03 0.07 0.00 0.07 - 0.01 0.11 0.05 3.30 3.18 3.28 + 0.05 5.10 2.97 2.50 2.40 2.40 - 0.05 4.10 2.25 0.09 0.08 0.09 + 0.00 0.16 0.06 0.14 0.11 0.12 + 0.01 0.20 0.09 0.13 0.13 0.13 unch 0.00 0.25 0.12 0.03 0.02 0.02 + 0.00 0.17 0.01

NA Frac Sand* O 342 NACCO Ind* N 82 Namibia Crit V 210 Namibia Crit* O 159 Napier Vent V 49 Napier Vent* O 12 Natural Res Pt* N 103 T 292 Nautilus Mnrls Nautilus Mnrls* O 518 11 Navis Res Corp Navy Res V 40 17839 Nemaska Lith T Nemaska Lith* O 1010 Neo Lithium V 3683 Neometals* O 123 Network Expl* O 240 Network Expl V 24 Nevada Clean M V 410 Nevada Clean M* O 229 Nevada Copper T 315 Nevada Energy* O 7 Nevada Energy V 35 Nevada Expl * O 787 Nevada Expl V 1405 Nevada Sunrise* O 313 Nevada Sunrise V 644 Nevada Zinc V 178 Nevado Res V 347 Nevsun Res* X 4749 Nevsun Res T 14879 New Age Metals* O 13 New Age Metals V 353 New Carolin Gd* O 16 New Carolin Gd V 319 New Destiny Mg V 362 New Dimen Res V 14 New Dimen Res* O 12 New Energy Met V 212 New Energy Met* O 6 New Gold* X 57294 New Gold T 22470 New Guinea Gld* O 125 New Jersey Mng* O 407 New Jersey Mng 224 New Milln Iron* O 5 New Milln Iron T 489 New Nadina V 70 New Nadina* O 4 New Oroperu V 16 New Pac Metals V 135 New Pac Metals* O 34 New Point Expl 5179 New Tech Lith 686 New Tech Lith* O 158 New World Res V 53 New World Res* O 0 Newlox Gold 56 Newmont Mng* N 26191 Newport Expl V 122 NewRange Gold* O 41 V 239 NewRange Gold Nexa Resources T 7 Nexa Resources* N 1391 Nexco Res 53 Nexgen Energy* X 1628 Nexgen Energy T 3786 NextSource Mat T 590 Nexus Gold* O 39 Nexus Gold V 177 NGEx Res* O 3 NGEx Res T 88 Nickel Creek T 321 Nickel Creek* O 672 Nickel North V 717 Nickel One Res V 666 Nicola Mg Inc V 382 Nicola Mg Inc* O 45 Nighthawk Gold* O 71 Nighthawk Gold T 188 Niobay Metals V 56 Niocan Inc V 40 Niocorp Dev T 308 Niocorp Dev* O 499 Nippon Dragon V 203 Nippon Dragon* O 53

0.01 0.01 0.01 unch 0.00 0.02 0.01 33.85 31.80 32.00 - 0.70 48.85 14.60 0.23 0.21 0.21 - 0.03 0.46 0.04 0.18 0.16 0.16 - 0.02 2.77 0.03 0.40 0.26 0.40 + 0.02 0.54 0.26 0.29 0.28 0.28 - 0.01 0.44 0.28 32.25 31.15 31.60 - 0.35 37.70 22.81 0.15 0.14 0.14 - 0.01 0.39 0.14 0.12 0.11 0.11 - 0.01 0.31 0.11 0.67 0.00 0.42 - 0.25 1.65 0.23 0.24 0.24 0.24 unch 0.00 0.32 0.16 0.84 0.72 0.75 - 0.08 2.44 0.74 0.64 0.56 0.57 - 0.05 1.96 0.57 1.30 1.10 1.29 + 0.15 2.75 0.85 0.23 0.10 0.10 - 0.10 0.80 0.17 0.22 0.21 0.22 unch 0.00 0.39 0.21 0.31 0.00 0.31 + 0.02 0.48 0.28 0.04 0.03 0.04 + 0.01 0.08 0.03 0.03 0.02 0.03 + 0.00 0.08 0.02 0.60 0.56 0.56 - 0.04 0.84 0.51 0.15 0.00 0.15 + 0.00 0.52 0.07 0.23 0.19 0.20 + 0.01 0.60 0.18 0.16 0.11 0.15 + 0.03 0.35 0.09 0.20 0.15 0.20 + 0.05 0.46 0.12 0.08 0.08 0.08 + 0.01 0.27 0.07 0.10 0.10 0.10 unch 0.00 0.33 0.10 0.16 0.14 0.16 + 0.01 0.28 0.13 0.02 0.01 0.01 - 0.01 0.05 0.01 3.75 3.55 3.71 + 0.15 3.86 1.96 4.91 4.68 4.85 + 0.16 4.93 2.49 0.06 0.05 0.05 + 0.00 0.15 0.04 0.08 0.06 0.08 + 0.01 0.19 0.05 0.26 0.26 0.26 + 0.00 0.58 0.18 0.35 0.32 0.35 unch 0.00 0.77 0.20 0.17 0.12 0.12 - 0.04 0.35 0.10 0.26 0.23 0.23 - 0.04 0.30 0.09 0.18 0.00 0.18 unch 0.00 0.22 0.02 0.12 0.10 0.10 - 0.03 0.90 0.10 0.11 0.09 0.09 unch 0.00 0.60 0.09 1.91 1.26 1.26 - 0.64 4.25 1.42 2.51 1.64 1.64 - 0.85 5.16 1.86 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.20 0.16 0.19 - 0.01 0.25 0.11 0.26 0.23 0.23 - 0.03 0.26 0.23 0.05 0.05 0.05 unch 0.00 0.12 0.05 0.08 0.07 0.07 unch 0.00 0.15 0.06 0.18 0.14 0.14 - 0.02 4.60 0.08 0.13 0.10 0.13 + 0.03 3.60 0.07 0.34 0.33 0.33 - 0.04 0.55 0.28 1.64 1.51 1.56 - 0.02 1.70 1.15 1.24 1.17 1.20 - 0.01 1.29 0.92 0.15 0.08 0.08 - 0.06 0.41 0.08 0.05 0.04 0.04 - 0.01 0.17 0.04 0.04 0.03 0.04 + 0.01 0.19 0.03 0.23 0.00 0.23 unch 0.00 0.29 0.10 0.00 0.00 0.18 unch 0.00 0.19 0.09 0.04 0.00 0.04 - 0.02 0.08 0.03 38.63 36.52 36.89 - 0.13 42.04 34.20 0.32 0.28 0.32 + 0.04 0.38 0.21 0.11 0.09 0.09 - 0.03 0.54 0.05 0.14 0.13 0.13 - 0.02 0.68 0.13 17.27 15.85 17.27 + 0.79 26.70 14.61 13.25 11.95 13.19 + 1.08 21.61 10.90 0.24 0.20 0.20 - 0.04 0.50 0.15 2.05 1.78 1.98 + 0.13 2.85 1.65 2.67 2.32 2.55 + 0.14 3.58 2.12 0.09 0.08 0.09 unch 0.00 0.22 0.06 0.22 0.19 0.21 - 0.00 0.29 0.02 0.29 0.26 0.28 - 0.03 2.20 0.19 0.78 0.76 0.78 + 0.02 1.10 0.68 1.02 1.00 1.00 unch 0.00 1.49 0.85 0.20 0.17 0.18 - 0.03 0.41 0.17 0.15 0.13 0.13 - 0.02 0.33 0.13 0.02 0.02 0.02 unch 0.00 0.07 0.02 0.04 0.03 0.04 unch 0.00 0.13 0.02 0.13 0.12 0.12 unch 0.00 0.23 0.12 0.09 0.09 0.09 - 0.00 0.18 0.09 0.33 0.31 0.31 - 0.00 0.97 0.30 0.43 0.41 0.42 unch 0.00 1.06 0.41 0.18 0.00 0.16 - 0.02 0.43 0.11 0.07 0.07 0.07 - 0.02 0.18 0.06 0.71 0.66 0.66 - 0.04 0.78 0.37 0.54 0.50 0.52 - 0.01 0.62 0.29 0.03 0.03 0.03 - 0.01 0.07 0.03 0.02 0.01 0.01 - 0.01 0.06 0.01

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20-23_AUG6_StockTables.indd 22

(100s) Stock

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(100s) Stock

12-month

Exc Volume High Low Last Change High Low

Nitinat Mnls* O 5 Nitinat Mnls V 183 Noble Metal Gr V 100 Noble Mnl Expl* O 210 Noble Mnl Expl V 575 Noka Res* O 324 Noram Vent* O 0 Noram Vent V 27 Noranda Alum* O 8 Noront Res V 473 Norsemont Cap 165 Nortec Mnls V 434 North Am Nickl V 46 North Am Nickl* O 23 North Am Pall* O 8 North Am Pall T 30 North Am Ptash* O 0 8 North Arrow Mn* O 79 North Arrow Mn V North Bay Res * O 75402 Northcliff Res T 157 Northern Uran V 95 V 71 Northisle C&G Northn Empire V 1496 O 234 Northn Empire* Norvista Cap V 114 O 36 Nouveau Monde* Nouveau Monde V 334 T 665 NovaGold Res NovaGold Res* X 4642 Novo Res* O 401 Novo Res V 471 NQ Minerals Pl* O 525 NRG Metals* O 1053 NRG Metals V 643 Nrthn Graphite* O 291 V 200 Nrthn Graphite Nrthn Lion V 5 Nrthn Mnrls &E* O 102 Nrthn Shield V 240 O 15 Nrthn Superior* Nrthn Superior V 28 Nrthn Vertex* O 94 Nrthn Vertex V 216 V 62 NSGold NSS Res Inc 126 Nthn Dynasty T 1002 Nthn Dynasty* X 4434 O 86 Nthrn Sphere* Nthrn Sphere 426 Nubian Res V 50 NuLegacy Gold V 271 O 332 NuLegacy Gold* Nunavik Nickel V 31 T 2769 Nutrien Nutrien* N 8124 NV Gold* O 53 NV Gold V 364 NX Uranium* O 50 NxGold Ltd* O 120 NxGold Ltd V 821 Nyrstar NV* O 13 O.T. Mining* O 78 OceanaGold* O 17 OceanaGold T 6690 Oceanic Iron O V 296 1 Oceanic Iron O* O Oceanus Res V 263 O 27 Oceanus Res* Odyssey Res V 750 OK2 Minerals V 21 Olivut Res V 57 Olivut Res* O 64 Omineca Mg &Ml V 14 1 One World Lith* O One World Lith 288 Opawica Expl V 259 Opus One Res V 219 Orbite Tech* O 92 Orca Gold V 319 Orca Gold* O 196 Orefinders Res V 586 V 20 Orestone Mng Orex Mnrls* O 57 Orex Mnrls V 59 Orezone Gold V 250 O 96 Orezone Gold* Orford Mining V 109 Organic Potash 22 Origin Gold V 177 O 8 Original Sixtn* Orla Mng Ltd V 122 21 Orla Mng Ltd* O Oro East Mg* O 43 Oroco Res V 296 Oroco Res* O 139 Orocobre T 170 Oronova Energy* O 0 Oronova Energy V 273 Oroplata Res* O 128 Orosur Mng T 482 Orsu Metals V 54 Orsu Metals* O 33 Orvana Mnrls T 144 Orvana Mnrls* O 1 Osino Res V 235 Osisko Gold* N 2802 Osisko Gold T 1362 Osisko Metals* O 1 Osisko Metals V 222 Osisko Mng Inc T 3032 Osprey Gold V 569 Otis Gold V 391 Otis Gold* O 414 OZ Minerals* O 3

0.11 0.11 0.11 unch 0.00 0.36 0.03 0.14 0.13 0.14 unch 0.00 0.51 0.04 0.01 0.01 0.01 unch 0.00 0.04 0.01 0.05 0.04 0.05 + 0.00 0.15 0.04 0.07 0.06 0.06 - 0.01 0.19 0.05 0.48 0.43 0.44 - 0.01 0.71 0.05 0.00 0.00 0.11 unch 0.00 0.64 0.11 0.13 0.13 0.13 - 0.01 0.80 0.13 0.05 0.00 0.05 unch 0.00 0.17 0.01 0.37 0.35 0.36 + 0.01 0.52 0.27 0.34 0.32 0.32 - 0.03 0.47 0.32 0.07 0.06 0.06 - 0.01 0.18 0.06 0.07 0.00 0.07 unch 0.00 0.10 0.06 0.06 0.05 0.05 + 0.00 0.08 0.04 7.30 0.00 7.16 + 0.03 9.38 4.00 9.59 9.26 9.46 + 0.10 11.98 4.98 0.01 0.01 0.01 unch 0.00 0.01 0.00 0.16 0.13 0.13 - 0.01 0.22 0.13 0.22 0.00 0.22 + 0.04 0.29 0.16 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.09 0.09 0.09 unch 0.00 0.20 0.09 0.02 0.01 0.01 - 0.01 0.03 0.01 0.14 0.11 0.12 unch 0.00 0.21 0.09 1.50 1.26 1.35 + 0.05 1.62 0.59 1.12 0.94 1.04 + 0.06 1.29 0.48 0.15 0.12 0.12 - 0.03 0.16 0.08 0.23 0.22 0.23 + 0.00 0.42 0.21 0.30 0.29 0.30 - 0.01 0.54 0.28 5.97 5.67 5.70 - 0.14 6.47 4.33 4.56 4.34 4.35 - 0.13 5.05 3.35 3.34 2.92 3.28 + 0.30 7.08 1.77 4.38 3.85 4.30 + 0.43 8.83 2.23 0.00 0.00 0.17 unch 0.00 0.20 0.17 0.23 0.20 0.21 - 0.01 0.49 0.07 0.30 0.27 0.28 - 0.01 0.62 0.10 0.28 0.24 0.24 - 0.02 0.55 0.19 0.36 0.31 0.31 - 0.04 0.70 0.24 0.25 0.25 0.25 unch 0.00 0.67 0.23 0.07 0.05 0.07 + 0.01 0.10 0.01 0.03 0.03 0.03 unch 0.00 0.08 0.02 0.03 0.02 0.03 + 0.01 0.04 0.02 0.04 0.00 0.03 - 0.01 0.05 0.03 0.31 0.28 0.31 + 0.02 0.58 0.28 0.40 0.37 0.40 + 0.02 0.70 0.36 0.12 0.09 0.09 - 0.02 0.15 0.02 0.18 0.10 0.17 + 0.02 1.39 0.06 0.75 0.64 0.74 + 0.07 2.99 0.55 0.57 0.49 0.56 + 0.05 2.34 0.43 0.06 0.04 0.04 - 0.01 0.18 0.04 0.07 0.06 0.06 - 0.01 0.45 0.05 0.22 0.17 0.17 - 0.05 0.38 0.17 0.20 0.18 0.18 - 0.01 0.27 0.15 0.15 0.13 0.14 + 0.00 0.21 0.12 0.12 0.12 0.12 unch 0.00 0.15 0.08 71.12 68.17 70.28 + 1.45 73.43 55.27 54.44 51.78 53.78 + 1.33 56.18 40.41 0.16 0.13 0.16 + 0.01 0.92 0.13 0.21 0.16 0.21 + 0.02 1.22 0.16 0.01 0.01 0.01 unch 0.00 0.03 0.01 0.16 0.11 0.16 + 0.04 0.26 0.11 0.21 0.14 0.20 + 0.04 0.40 0.14 5.28 5.28 5.28 - 0.02 8.25 5.28 0.08 0.08 0.08 - 0.05 0.20 0.03 2.94 2.86 2.86 - 0.04 3.30 2.23 4.02 3.77 4.02 + 0.12 4.12 2.92 0.06 0.05 0.05 unch 0.00 0.16 0.05 0.04 0.04 0.04 unch 0.00 0.11 0.04 0.18 0.16 0.16 + 0.01 0.36 0.16 0.13 0.12 0.12 - 0.01 0.29 0.12 0.03 0.03 0.03 unch 0.00 0.08 0.03 0.04 0.04 0.04 unch 0.00 0.14 0.04 0.13 0.11 0.11 - 0.02 0.20 0.07 0.11 0.08 0.08 - 0.01 0.15 0.06 0.03 0.00 0.03 unch 0.00 0.05 0.03 0.12 0.12 0.12 unch 0.00 0.12 0.10 0.16 0.13 0.15 unch 0.00 0.20 0.10 0.06 0.05 0.06 + 0.01 0.40 0.05 0.09 0.07 0.07 - 0.02 0.12 0.05 0.03 0.00 0.00 - 0.03 0.15 0.00 0.54 0.52 0.54 + 0.02 0.78 0.39 0.42 0.39 0.40 - 0.01 0.63 0.31 0.07 0.06 0.07 unch 0.00 0.17 0.06 0.09 0.00 0.09 - 0.01 0.13 0.05 0.09 0.07 0.08 - 0.00 0.15 0.07 0.11 0.10 0.11 + 0.02 0.18 0.10 0.76 0.70 0.70 - 0.02 1.02 0.61 0.57 0.53 0.53 - 0.01 0.82 0.47 0.18 0.16 0.16 - 0.02 0.70 0.16 0.03 0.00 0.03 unch 0.00 0.08 0.01 0.12 0.11 0.11 - 0.01 0.25 0.08 0.15 0.15 0.15 unch 0.00 0.20 0.00 1.43 1.35 1.40 + 0.05 1.85 1.05 1.07 1.04 1.04 + 0.04 1.48 0.89 0.00 0.00 0.00 - 0.00 0.01 0.00 0.23 0.19 0.23 + 0.03 0.31 0.02 0.16 0.15 0.16 + 0.00 0.24 0.03 5.09 4.71 4.72 - 0.36 7.36 3.04 0.00 0.00 0.02 unch 0.00 0.08 0.07 0.08 - 0.01 0.22 0.07 0.15 0.14 0.14 - 0.01 0.42 0.06 0.07 0.05 0.06 unch 0.00 0.30 0.03 0.21 0.19 0.21 + 0.01 0.29 0.13 0.16 0.16 0.16 unch 0.00 0.22 0.11 0.19 0.17 0.19 unch 0.00 0.32 0.16 0.15 0.00 0.15 unch 0.00 0.25 0.12 0.28 0.25 0.25 - 0.02 0.64 0.25 9.77 9.46 9.56 - 0.03 14.39 9.14 12.75 12.46 12.49 - 0.05 17.58 11.90 0.44 0.42 0.42 - 0.02 1.33 0.39 0.60 0.55 0.58 + 0.03 1.74 0.51 2.29 2.03 2.25 + 0.14 5.07 1.61 0.06 0.05 0.05 - 0.01 0.25 0.05 0.18 0.16 0.18 + 0.01 0.36 0.16 0.14 0.12 0.14 + 0.01 0.29 0.12 7.02 0.00 7.02 + 0.18 8.02 5.92

Pac Bay Mnrls V 24 Pac Booker Min V 15 Pac Imperial V 250 Pac Iron Ore V 94 Pac Link Mng V 50 Pac Ridge Expl V 62 Pac Wildcat* O 33 Pacific Empire V 56 Pacific Rim 485 Pacific Rim* O 167 Pacific Silk* O 2 Pacific Silk V 114 Pacton Gold V 1939 Paladin Energy* O 123 Palamina Corp V 81 Palamina Corp* O 58 Palladon Vent* O 0 Pan Am Silver T 929 Pan Am Silver* D 5964 Pan Andean Min* O 6 Pan Andean Min V 272 Pan Global Res V 87 Pancontinental V 442 Pancontinental* O 10 Panex Res* O 103 Pangolin Dia V 5 Panoro Mnrls V 348 PanTerra Gold* O 1 Pantheon Vent V 1315 Para Resources V 161 Parallel Mng V 81 Parallel Mng * O 30 Paramount Gold* X 168 Paringa Res* O 145 Parlane Res V 461 Pasinex Res 229 Patriot Gold* O 6 Peabody Enrgy* N 7482 Pedro Res V 200 Pelangio Expl * O 21 Pelangio Expl V 25 Pele Mtn Res* O 43 Peloton Mnrls* O 34 Peloton Mnrls 183 PepinNini Lith* O 251 Peregrine Diam T 3534 Perseus Mng T 54 Pershing Gold T 1 Pershing Gold* D 199

0.03 0.03 0.03 - 0.01 0.06 0.03 1.10 1.06 1.06 - 0.04 1.44 0.46 0.03 0.03 0.03 unch 0.00 0.07 0.01 0.09 0.08 0.09 + 0.01 0.23 0.03 0.20 0.20 0.20 unch 0.00 0.20 0.03 0.06 0.05 0.06 unch 0.00 0.07 0.05 0.17 0.04 0.08 - 0.09 0.39 0.00 0.12 0.12 0.12 - 0.01 0.20 0.12 0.37 0.34 0.35 - 0.02 1.59 0.31 0.28 0.26 0.27 - 0.01 1.25 0.25 0.02 0.02 0.02 unch 0.00 0.04 0.02 0.03 0.03 0.03 - 0.01 0.06 0.03 0.62 0.56 0.58 unch 0.00 1.02 0.06 0.25 0.00 0.13 + 0.01 0.50 0.00 0.35 0.31 0.33 - 0.02 0.47 0.15 0.27 0.23 0.25 - 0.02 0.37 0.12 0.00 0.00 0.00 unch 0.00 0.01 0.00 21.90 21.33 21.37 - 0.27 24.27 18.00 16.70 16.20 16.35 - 0.17 19.56 13.99 0.07 0.07 0.07 + 0.00 0.08 0.02 0.12 0.08 0.08 - 0.05 0.13 0.03 0.22 0.19 0.22 - 0.01 0.30 0.10 0.09 0.08 0.09 + 0.02 0.09 0.02 0.06 0.05 0.06 - 0.00 0.07 0.01 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.06 0.06 0.06 - 0.01 0.08 0.04 0.28 0.25 0.25 - 0.01 0.48 0.15 0.01 0.01 0.01 unch 0.00 0.02 0.01 0.11 0.09 0.10 + 0.01 0.16 0.07 0.20 0.18 0.20 + 0.01 0.25 0.13 0.06 0.05 0.05 unch 0.00 0.10 0.04 0.05 0.05 0.05 - 0.00 0.05 0.04 1.18 1.13 1.13 - 0.05 1.80 1.14 0.25 0.15 0.19 - 0.03 0.45 0.14 0.20 0.00 0.19 unch 0.00 0.30 0.11 0.11 0.09 0.09 - 0.01 0.33 0.09 0.07 0.00 0.07 - 0.01 0.11 0.04 44.77 41.60 43.91 - 0.43 47.84 26.61 0.23 0.21 0.21 unch 0.00 0.42 0.13 0.12 0.10 0.12 + 0.00 0.14 0.02 0.20 0.00 0.18 + 0.01 0.60 0.15 0.05 0.05 0.05 unch 0.00 0.40 0.01 0.08 0.08 0.08 unch 0.00 0.12 0.05 0.11 0.10 0.10 - 0.01 0.15 0.06 0.01 0.01 0.01 - 0.00 0.07 0.01 0.24 0.24 0.24 unch 0.00 0.24 0.11 0.41 0.39 0.40 - 0.01 0.50 0.29 2.17 2.14 2.14 - 0.03 4.05 2.14 1.74 1.60 1.61 - 0.11 3.31 1.57

P-Q

Week

12-month

Exc Volume High Low Last Change High Low

Pershing Res* O 144 O 10 Petra Diamonds* Philex Mng* O 68 Philippine Mtl* O 0 Philippine Mtl V 115 Pine Cliff En T 993 Pine Cliff En* O 614 Pinecrest Res V 145 Pistol Bay Mng V 80 Pivit Explor 1120 PJSC Polyus Gd* O 4 PJX Res V 90 Plata Latina V 149 Plate Res V 44 V 1090 Plateau Energy O 339 Plateau Energy* Platinex Inc 569 Platinum Gp Mt T 437 Platinum Gp Mt* X 4346 Plato Gold V 126 Playfair Mng V 73 Playfair Mng* O 2 PolyMet Mng* X 1831 PolyMet Mng T 34 Portage Res* O 74 Portofino Res V 580 Potash Ridge* O 361 Potash Ridge T 1626 Power Metals* O 183 Power Metals V 333 PowerOre V 41 PPX Mining* O 90 PPX Mining V 473 O 5 Precipitate Gl* Precipitate Gl V 7 Premier Gold M T 975 Pretium Res* N 9092 Pretium Res T 2473 Primary Cobalt 207 Prism Res V 133 Prize Mng* O 49 Prize Mng V 449 ProAm Expl V 100 Probe Metals* O 628 Probe Metals V 505 Prog Planet V 168 0 Promithian Gl * O Prophecy Coal* O 48 T 189 Prophecy Coal Prospect Glob* O 67 O 1 Prospector Res* Prospector Res V 156 Prosper Gold V 62 Prospero Silvr V 91 O 40 Prospero Silvr* Provenance Gld 11 Providence V 28 PUF Vent Inc * O 83 757 PUF Vent Inc Puma Expl V 383 Puma Expl* O 25 Pure Energy* O 1170 Pure Energy V 1794 Pure Gold Mg* O 241 Pure Gold Mg V 360 Pure Nickel* O 142 Pure Nickel V 150 Purepoint Uran V 331 Q-Gold Res V 48 QC Precious V 186 O 534 QMC Quantum Ml* QMC Quantum Ml V 352 QMX Gold* O 27 QMX Gold V 367 Quadro Res V 607 Quantum Cobalt 86 0 Quartz Mtn Res V Quartz Mtn Res* O 0 Quaterra Res V 138 O 1097 Quaterra Res* Quest Rare Mnl* O 113 Quinto Res V 1207

0.02 0.02 0.02 unch 0.00 0.09 0.01 0.68 0.68 0.68 unch 0.00 1.20 0.68 0.07 0.05 0.05 - 0.00 0.19 0.05 0.06 0.04 0.04 unch 0.00 0.11 0.00 0.07 0.06 0.07 + 0.01 0.16 0.06 0.44 0.40 0.42 - 0.01 0.72 0.27 0.32 0.32 0.32 + 0.00 0.56 0.21 0.24 0.24 0.24 - 0.02 0.43 0.19 0.05 0.05 0.05 unch 0.00 0.18 0.04 0.16 0.11 0.12 - 0.04 0.18 0.12 35.00 34.73 35.00 + 0.27 50.23 29.00 0.23 0.21 0.21 - 0.03 0.25 0.11 0.05 0.04 0.04 - 0.01 0.05 0.03 0.07 0.00 0.06 unch 0.00 0.10 0.04 1.41 1.17 1.36 - 0.02 1.69 0.26 1.07 0.95 1.04 - 0.00 1.27 0.21 0.08 0.06 0.07 - 0.01 0.30 0.05 0.15 0.13 0.15 + 0.02 0.95 0.12 0.11 0.10 0.11 + 0.00 0.78 0.08 0.05 0.04 0.04 unch 0.00 0.06 0.02 0.09 0.08 0.08 unch 0.00 0.09 0.04 0.05 0.05 0.05 unch 0.00 0.08 0.03 0.91 0.80 0.80 - 0.05 1.36 0.58 1.11 1.03 1.03 - 0.08 1.66 0.72 0.00 0.00 0.00 - 0.00 0.00 0.00 0.07 0.06 0.06 - 0.01 0.19 0.04 0.05 0.04 0.04 - 0.01 0.14 0.04 0.07 0.06 0.06 unch 0.00 0.19 0.05 0.30 0.25 0.29 + 0.01 0.70 0.21 0.39 0.33 0.38 + 0.01 0.88 0.25 0.13 0.10 0.10 - 0.04 0.45 0.11 0.08 0.07 0.07 - 0.01 0.08 0.04 0.10 0.09 0.10 - 0.01 0.10 0.05 0.03 0.03 0.03 unch 0.00 0.15 0.03 0.05 0.05 0.05 unch 0.00 0.19 0.05 2.75 2.55 2.56 - 0.20 4.13 2.51 8.80 7.99 8.35 - 0.01 12.44 6.17 11.52 10.52 10.90 - 0.07 15.52 7.93 0.09 0.07 0.07 - 0.02 0.15 0.04 0.06 0.05 0.05 - 0.01 0.20 0.06 0.13 0.00 0.11 - 0.02 0.38 0.11 0.17 0.15 0.17 + 0.01 0.48 0.15 0.03 0.02 0.02 - 0.01 0.04 0.02 1.12 1.03 1.07 unch 0.00 1.42 0.77 1.45 1.34 1.37 - 0.02 1.74 1.03 0.07 0.05 0.07 unch 0.00 0.20 0.05 0.00 0.00 0.02 unch 0.00 0.10 0.02 1.97 1.52 1.64 - 0.11 4.00 1.24 2.58 1.97 2.16 - 0.14 5.00 1.60 0.05 0.00 0.03 - 0.01 0.14 0.03 0.57 0.00 0.57 unch 0.00 0.83 0.38 1.15 0.65 1.00 + 0.25 1.35 0.48 0.10 0.09 0.10 + 0.01 0.22 0.08 0.13 0.11 0.11 - 0.02 0.32 0.07 0.09 0.09 0.09 unch 0.00 0.25 0.07 0.22 0.00 0.22 - 0.03 0.40 0.08 0.14 0.00 0.13 - 0.01 0.27 0.09 0.50 0.39 0.39 - 0.07 1.85 0.27 0.59 0.49 0.53 - 0.08 2.09 0.34 0.07 0.06 0.06 unch 0.00 0.13 0.06 0.04 0.04 0.04 unch 0.00 0.09 0.04 0.12 0.09 0.09 - 0.03 0.50 0.09 0.15 0.11 0.12 - 0.03 0.60 0.11 0.50 0.48 0.48 - 0.02 0.56 0.36 0.65 0.63 0.63 - 0.02 0.71 0.46 0.02 0.02 0.02 - 0.00 0.04 0.00 0.03 0.03 0.03 + 0.01 0.05 0.01 0.08 0.07 0.07 + 0.01 0.10 0.06 0.15 0.15 0.15 unch 0.00 0.30 0.10 0.39 0.33 0.33 - 0.06 0.60 0.27 0.28 0.24 0.24 - 0.03 1.46 0.08 0.37 0.30 0.31 - 0.05 1.85 0.09 0.08 0.07 0.08 + 0.01 0.29 0.07 0.12 0.10 0.10 - 0.02 0.40 0.09 0.07 0.05 0.07 + 0.01 0.18 0.04 0.17 0.14 0.17 + 0.02 1.90 0.13 0.00 0.00 0.80 unch 0.00 1.50 0.60 0.00 0.00 0.70 unch 0.00 1.20 0.00 0.07 0.06 0.06 - 0.01 0.12 0.05 0.05 0.04 0.05 - 0.00 0.10 0.03 0.00 0.00 0.00 + 0.00 0.05 0.00 0.10 0.06 0.09 + 0.02 0.14 0.05

Rackla Mtls* O 1 Rackla Mtls V 1 V 229 Radisson Mng Radius Gold V 145 Rainforest Res* O 39 Rainy Mtn Royl* O 9000 Rainy Mtn Royl V 828 Rambler Ml &Mg V 148 1 Randgold Res* O Randgold Res* D 2023 Randsburg Int* O 1 V 50 Randsburg Intl Rare Element* O 825 V 302 Rathdowney Res Ravencrest Res 2502 RB Energy* O 1625 Red Eagle Mng T 1462 36 Red Eagle Mng* O Red Moon Res V 78 Red Oak Mg V 312 Red Pine Expl V 456 Redhawk Res V 113 Redstar Gold* O 139 Redstar Gold V 381 Redzone Res V 121 O 23 Redzone Res* Regency Gold V 4 Regulus Res V 52 Renaissance Gd* O 46 V 153 Renaissance Gd Renforth Res 517 Resolve Vent V 27 Resource Cap V 37 O 8 Resource Cap* Reunion Gold V 280 Revelo Res V 617 Revival Gold * O 57 Revival Gold V 169 Rhyolite Res V 50 V 29 Richmond Mnls Rift Valley 70 O 491784 Rimrock Gold* Rio Silver V 34 Rio Tinto* N 16062 O 1 Rio Tinto* Rio Tinto* O 0 382 Rise Gold Corp River Wild Exp 13 Riverside Res V 112 Riverside Res* O 83 Rizal Res V 6233 RJK Explor V 14 RJK Explor* O 4 Robex Res V 88 V 23 Rochester Res Rochester Res* O 50 8 Rock Tech Lith* O Rock Tech Lith V 47 Rockcliff Met V 551 Rockcliff Met* O 36 Rockex Mng 118 Rockhaven Res V 63 V 32 Rockridge Res Rockshield Cap* O 25 Rockshield Cap 245 Rockwealth Res V 7 Rodinia Lithm V 21 Rogue Res* O 6 Rogue Res V 105 Rokmaster Res V 56 42 Romios Gold Rs* O Romios Gold Rs V 331 V 355 RosCan Mrnls Rosita Mg Corp* O 1 Rosita Mg Corp V 151 V 74 Ross River Ross River* O 0 Rotation Mnls V 196 Roughrider Exp V 170 Rover Metals V 661 Roxgold T 872 Roxgold* O 54 Royal Gold* D 2505 Royal Mines &M* O 395 Royal Nickel T 3490 Royal Nickel* O 104 Royal Rd Mnrls V 102 RT Minerals* O 6

0.09 0.09 0.09 - 0.00 0.13 0.07 0.12 0.00 0.12 unch 0.00 0.17 0.09 0.13 0.12 0.12 unch 0.00 0.25 0.11 0.10 0.10 0.10 unch 0.00 0.16 0.09 8.13 0.00 8.13 + 0.93 9.45 3.68 0.02 0.01 0.01 unch 0.00 0.08 0.01 0.03 0.02 0.03 - 0.01 0.10 0.02 0.07 0.06 0.06 - 0.01 0.20 0.06 71.89 71.89 71.89 unch 0.00 103.90 71.89 73.56 71.82 72.98 - 0.45 108.29 71.05 0.00 0.00 0.00 unch 0.00 0.01 0.00 0.02 0.02 0.02 unch 0.00 0.02 0.01 0.18 0.12 0.13 - 0.04 0.44 0.07 0.15 0.11 0.12 - 0.03 0.21 0.10 0.50 0.40 0.43 - 0.06 2.10 0.43 0.00 0.00 0.00 - 0.00 0.00 0.00 0.19 0.00 0.19 - 0.01 0.36 0.16 0.14 0.14 0.14 - 0.01 0.29 0.12 0.08 0.07 0.07 unch 0.00 0.16 0.04 0.33 0.29 0.33 unch 0.00 0.34 0.06 0.06 0.00 0.06 unch 0.00 0.14 0.06 0.05 0.00 0.05 unch 0.00 0.08 0.04 0.03 0.02 0.02 - 0.00 0.11 0.02 0.04 0.00 0.04 unch 0.00 0.14 0.03 0.23 0.20 0.20 - 0.01 0.75 0.10 0.18 0.15 0.15 - 0.02 0.57 0.08 0.15 0.00 0.15 - 0.05 0.28 0.10 2.10 1.85 1.90 + 0.01 3.00 1.49 0.16 0.16 0.16 - 0.00 0.38 0.13 0.22 0.00 0.18 - 0.04 0.48 0.17 0.05 0.04 0.04 unch 0.00 0.07 0.03 0.07 0.07 0.07 unch 0.00 0.69 0.06 0.05 0.04 0.04 - 0.01 0.18 0.04 0.03 0.03 0.03 unch 0.00 0.13 0.03 0.17 0.14 0.16 + 0.02 0.18 0.11 0.02 0.02 0.02 unch 0.00 0.06 0.02 0.65 0.56 0.64 + 0.01 0.73 0.42 0.84 0.74 0.81 - 0.03 0.99 0.50 0.15 0.15 0.15 unch 0.00 0.40 0.15 0.05 0.00 0.04 unch 0.00 0.18 0.04 0.07 0.00 0.07 + 0.01 0.15 0.05 0.00 0.00 0.00 + 0.00 0.00 0.00 0.05 0.04 0.05 unch 0.00 0.07 0.04 56.96 53.64 55.06 + 1.22 60.72 43.88 55.45 0.00 53.75 + 0.89 60.00 44.95 0.00 0.00 58.18 unch 0.00 65.30 49.39 0.10 0.08 0.09 + 0.01 0.21 0.07 0.02 0.02 0.02 unch 0.00 0.22 0.02 0.29 0.28 0.29 + 0.01 0.40 0.22 0.23 0.20 0.21 - 0.01 0.42 0.16 0.05 0.02 0.03 + 0.02 0.06 0.01 0.06 0.05 0.05 + 0.01 0.14 0.05 0.05 0.05 0.05 unch 0.00 0.10 0.03 0.11 0.11 0.11 + 0.01 0.14 0.08 0.04 0.03 0.03 - 0.01 0.09 0.03 0.03 0.03 0.03 unch 0.00 0.06 0.02 0.81 0.81 0.81 unch 0.00 1.66 0.81 1.28 1.19 1.20 + 0.01 2.16 0.95 0.06 0.03 0.05 + 0.02 0.12 0.03 0.04 0.04 0.04 unch 0.00 0.10 0.02 0.05 0.03 0.03 - 0.02 0.05 0.01 0.16 0.15 0.15 - 0.02 0.19 0.12 0.26 0.22 0.26 unch 0.00 0.50 0.22 0.14 0.11 0.13 + 0.02 0.67 0.08 0.18 0.16 0.17 unch 0.00 0.84 0.10 0.14 0.00 0.13 unch 0.00 0.30 0.12 0.12 0.00 0.12 + 0.01 0.46 0.08 0.19 0.19 0.19 - 0.00 0.43 0.16 0.25 0.22 0.24 - 0.01 0.55 0.18 0.10 0.09 0.09 unch 0.00 0.28 0.08 0.05 0.00 0.04 - 0.00 0.07 0.03 0.06 0.05 0.06 + 0.01 0.09 0.05 0.10 0.08 0.08 - 0.03 0.10 0.05 0.02 0.02 0.02 unch 0.00 0.06 0.01 0.04 0.04 0.04 - 0.01 0.12 0.02 0.21 0.00 0.14 + 0.02 0.50 0.10 0.00 0.00 0.14 unch 0.00 0.14 0.00 0.12 0.11 0.12 + 0.01 0.45 0.11 0.14 0.13 0.13 - 0.01 0.58 0.13 0.08 0.06 0.07 - 0.02 0.11 0.06 1.15 1.06 1.12 + 0.05 1.44 0.98 0.87 0.82 0.85 + 0.02 1.13 0.78 92.02 85.76 86.01 - 5.90 98.53 78.25 0.01 0.00 0.00 - 0.00 0.01 0.00 0.10 0.09 0.09 - 0.01 0.38 0.09 0.08 0.06 0.07 - 0.00 0.31 0.06 0.09 0.09 0.09 - 0.01 0.18 0.07 0.06 0.06 0.06 - 0.00 0.13 0.00

R

(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

RT Minerals V 82 RTG Mining T 50 2 RTG Mining * O T 182 Rubicon Mnrls O 266 Rubicon Mnrls* Rugby Mng V 47 64 Running Fox Rs* O 42 Running Fox Rs V Rupert Res V 483 Rusoro Mng* O 32 Rusoro Mng V 7

0.08 unch 0.00 1.10 0.08 0.08 0.08 0.09 0.12 0.10 0.10 - 0.02 0.55 0.07 0.07 0.07 unch 0.00 0.07 0.07 1.05 1.32 1.24 1.28 + 0.01 1.88 0.81 1.02 0.95 0.99 + 0.01 1.48 0.22 0.32 0.28 0.28 - 0.05 0.50 0.01 0.01 0.01 unch 0.00 0.03 0.01 0.03 0.03 0.03 unch 0.00 0.04 0.01 0.68 1.03 0.94 1.03 + 0.08 1.46 0.05 0.05 0.05 0.05 - 0.00 0.15 0.06 unch 0.00 0.18 0.07 0.00 0.07

T 351 Sabina Gd&Slvr O 176 Sabina Gd&Slvr* Sable Res* O 10 Sable Res V 856 Sage Gold* O 15 Sage Gold V 97 Sailfish Rylty V 21 Saint Jean* O 8 Saint Jean V 824 Salazar Res* O 108 Salazar Res V 156 Sama Res V 193 Sama Res* O 129 Samco Gold V 72 Samex Mng* O 241 19 San Gold Corp* O 40 San Marco Res* O San Marco Res V 236 V 152 Sanatana Diam Sandfire Res V 120 Sandfire Res* O 242 O 601 Sandspring Res* V 946 Sandspring Res T 802 Sandstorm Gold X 4040 Sandstorm Gold* Sandy Lake Gld* O 108 Sandy Lake Gld V 341 Santa Fe Gold* O 337 V 199 Santacruz Silv Sarama Res V 231 Sarissa Res* O 6577 Satori Res V 72 Satori Res* O 92 Saturn Mnrls V 1996 Savary Gold V 477 Savary Gold* O 30 Saville Res V 462 Scandium Intl T 465 O 44 Scandium Intl* Scorpio Gold V 1903 ScoZinc Mg V 10 Seabridge Gld T 208 N 1089 Seabridge Gld* Search Mnls V 656 Searchlight V 233 Searchlight* O 380 Searchlight* O 3 Secova Mtls* O 10 Secova Mtls V 95 Sego Res V 66 Select Sands V 1475 T 3095 Semafo O 9 Senator Mnrls* Senator Mnrls V 138 V 13 Sennen Potash Serabi Gold T 2 Serabi Gold* O 3 Serengeti Res V 89 Shamrock Ent 132 Sherritt Intl T 2589 V 505 Shoshoni Gold 12997 N Sibanye Gold* O 6 Sibanye Gold* O 408 Sidney Resrces* Sienna Res* O 36 Sienna Res V 308 Sierra Metals* X 279 Sierra Metals T 5 V 109 Sigma Lithium O 250 Signature Res* Signature Res V 116 Silver Bear Rs T 430 11 Silver Bear Rs* O Silver Bull Re* O 849 Silver Bull Re T 943 O 455 Silver Dragon* Silver Grail V 23 Silver Hill* O 0 50 Silver Mtn Mns V O 3 Silver Predatr* Silver Predatr V 99 Silver Range* O 45 Silver Range V 110 Silver Scott* O 40 O 0 Silver Spruce* Silver Spruce V 214 Silver Viper V 273 Silver Wheaton T 2220 N 7973 Silver Wheaton* T 868 Silvercorp Met X 1240 Silvercorp Met* O 218 SilverCrest Mt* V 968 SilverCrest Mt O 5 Silverore Mns* O 231 Silverstar Res* Sirios Res* O 82 Sirios Res V 403 Sitka Gold 35 Skeena Res V 220 Skeena Res* O 89 O 318 Skyharbour Res* V 746 Skyharbour Res Slam Explor* O 1 Slam Explor V 115 O 91 Sojourn Explor* V 868 Sojourn Explor O 1426 Sokoman Iron* 62941 Sokoman Iron V SolGold plc* O 70 SolGold plc T 175 T 20 Solitario Ex&R X 367 Solitario Ex&R* Solstice Gold V 1627 Sonora Gld & S V 126 Sonoro Mtls* O 40 Sonoro Mtls V 130 O 30 Southern Arc* Southern Arc V 50 N 7224 Southern Copp* O 55 Southern Silvr* V 209 Southern Silvr T 21 SouthGobi Res Spanish Mtn Gd V 300 Spanish Mtn Gd* O 173 Sparton Res V 268 Sparton Res* O 136 O 58 Spearmint Res* V 3979 Spearmint Res Sphinx Res V 151 Sprott Res Hld T 708 27 Spruce Ridge R V SRG Graphite V 284 SSR Mining* D 4172 SSR Mining T 1087 St Augustine T 282 St Elias Mns* O 100 O 30 St-Georges Eco* St-Georges Eco 1831 O 25 Stakeholdr Gld* V 135 Stakeholdr Gld O 1237 Standard Graph* Standard Lith V 843 O 69 Standard Metal* Stans Energy V 265 O 264 Stans Energy* O 84 Star Diamond* Star Diamond T 1815 Star Gold* O 43 Starcore Intl T 260 O 0 Steele Oceanic* Stellar Africa* O 21 Stellar Africa V 304 50 Stelmine Can * O Stelmine Can V 14 Steppe Gold T 86 Sterling Grp* O 4 O 53 Stockport Expl* T 567 Stornoway Diam O 10 Stornoway Diam*

1.48 1.55 1.50 1.51 - 0.01 2.70 1.07 1.18 1.14 1.16 - 0.00 2.17 0.12 unch 0.00 0.23 0.22 0.22 0.22 0.13 0.29 0.23 0.27 + 0.04 0.35 0.00 0.00 0.00 0.00 - 0.00 0.20 0.01 unch 0.00 0.25 0.02 0.02 0.02 1.00 1.30 1.23 1.28 + 0.05 3.07 0.01 unch 0.00 0.05 0.03 0.03 0.03 0.04 0.04 0.03 0.04 - 0.01 0.24 0.06 0.11 0.10 0.11 + 0.00 0.12 0.08 unch 0.00 0.18 0.13 0.00 0.12 0.13 0.31 0.28 0.30 + 0.01 0.50 0.10 0.24 0.23 0.24 + 0.01 0.41 0.02 unch 0.00 0.11 0.05 0.04 0.05 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 0.12 0.09 0.09 - 0.01 0.23 0.09 0.15 0.12 0.13 - 0.02 0.30 0.12 0.03 unch 0.00 0.07 0.05 0.04 0.05 0.06 unch 0.00 0.12 0.10 0.09 0.10 0.05 0.07 0.06 0.07 + 0.00 0.10 0.15 0.18 0.15 0.17 + 0.01 0.39 0.20 0.23 0.20 0.22 + 0.01 0.46 4.84 5.88 5.73 5.76 - 0.08 6.95 3.83 4.50 4.35 4.40 - 0.08 5.64 0.07 0.06 0.07 unch 0.00 0.07 0.03 0.11 0.08 0.10 + 0.01 0.11 0.04 0.10 0.09 0.10 - 0.00 0.20 0.07 0.09 0.12 0.10 0.11 - 0.01 0.26 0.08 0.11 0.10 0.11 + 0.01 0.18 0.00 0.00 0.00 0.00 - 0.00 0.01 0.06 0.07 0.06 0.07 + 0.01 0.20 0.05 0.06 0.05 0.06 + 0.01 0.16 0.08 0.20 0.15 0.20 + 0.05 0.19 0.04 0.06 0.04 0.05 + 0.01 0.08 0.03 unch 0.00 0.06 0.04 0.04 0.04 0.05 0.06 0.05 0.06 + 0.01 0.16 0.17 0.15 0.17 + 0.02 0.43 0.13 0.11 0.13 0.11 0.13 + 0.02 0.35 0.02 0.03 0.02 0.03 + 0.01 0.07 0.76 0.89 0.00 0.89 - 0.01 1.75 12.61 15.95 15.44 15.68 - 0.06 17.65 12.20 11.75 11.95 - 0.10 13.70 9.80 0.03 0.05 0.04 0.05 + 0.01 0.09 0.04 0.05 0.04 0.05 + 0.01 0.29 0.01 0.03 0.02 0.02 - 0.00 0.06 0.01 0.04 0.01 0.04 + 0.03 0.22 0.01 unch 0.00 0.10 0.08 0.08 0.08 0.08 0.11 0.10 0.10 - 0.02 0.55 0.03 0.06 0.05 0.06 + 0.01 0.09 0.33 0.47 0.41 0.42 + 0.01 0.71 2.70 3.82 3.68 3.80 + 0.01 4.14 0.11 unch 0.00 1.57 0.11 0.00 0.11 0.13 0.00 1.99 nch u 0.14 0.15 0.00 0.30 unch 0.00 1.00 0.45 0.45 0.45 0.84 1.08 0.00 1.06 + 0.06 1.60 0.03 unch 0.00 0.82 0.79 0.76 0.76 0.13 unch 0.00 0.26 0.16 0.15 0.15 0.03 0.05 0.04 0.04 - 0.01 0.08 0.78 1.02 0.96 0.99 - 0.01 1.87 0.04 0.08 0.00 0.08 + 0.02 0.08 2.07 2.34 2.15 2.33 + 0.15 6.50 0.63 unch 0.00 1.34 0.63 0.00 0.63 0.00 0.00 0.00 0.00 + 0.00 0.02 0.06 0.07 0.06 0.06 - 0.00 0.32 0.09 0.10 0.09 0.09 - 0.01 0.39 2.13 2.61 2.50 2.60 - 0.06 3.00 2.75 3.53 0.00 3.37 - 0.06 3.85 0.95 2.02 1.86 1.92 - 0.06 2.20 0.04 unch 0.00 0.11 0.09 0.08 0.09 0.05 0.11 0.08 0.10 - 0.02 0.14 0.23 0.20 0.20 - 0.02 0.32 0.12 0.18 0.15 0.17 + 0.00 0.26 0.08 0.12 0.11 0.12 unch 0.00 0.23 0.06 0.16 0.15 0.16 + 0.01 0.29 0.09 0.00 0.01 0.01 0.01 + 0.00 0.02 0.05 0.10 0.08 0.08 - 0.01 0.13 0.10 unch 0.00 0.25 0.00 0.00 0.11 0.02 0.02 0.02 unch 0.00 0.03 0.02 0.05 0.07 0.00 0.06 - 0.01 0.22 0.07 0.10 0.07 0.10 + 0.01 0.25 0.09 unch 0.00 0.18 0.12 0.11 0.11 0.12 unch 0.00 0.23 0.16 0.16 0.16 0.01 0.03 0.02 0.02 - 0.01 0.24 0.02 unch 0.00 0.06 0.00 0.00 0.03 0.03 0.04 0.03 0.03 - 0.01 0.08 0.13 0.14 0.13 0.13 - 0.01 0.30 23.18 28.06 27.26 27.36 - 0.59 29.93 18.32 21.50 20.87 20.94 - 0.37 22.87 2.72 3.52 3.37 3.49 + 0.01 4.24 2.12 2.70 2.56 2.67 + 0.02 3.43 0.84 2.73 2.38 2.68 + 0.20 2.66 1.05 3.57 3.10 3.55 + 0.29 3.48 0.03 unch 0.00 0.03 0.03 0.03 0.03 0.06 0.12 0.00 0.05 - 0.03 3.36 0.12 0.14 0.12 0.14 - 0.01 0.32 0.15 0.19 0.15 0.18 - 0.01 0.42 0.14 unch 0.00 0.30 0.16 0.16 0.16 0.37 0.45 0.38 0.38 - 0.05 0.80 0.28 0.34 0.30 0.31 - 0.02 0.66 0.24 0.35 0.31 0.33 + 0.02 0.42 0.31 0.45 0.40 0.43 + 0.02 0.55 0.02 unch 0.00 0.05 0.02 0.02 0.02 0.03 0.03 0.00 0.03 - 0.01 0.07 0.09 0.12 0.08 0.09 - 0.03 0.21 0.11 0.16 0.11 0.12 - 0.03 0.30 0.02 0.14 0.05 0.14 + 0.09 0.13 0.03 0.19 0.05 0.18 + 0.12 0.18 0.28 0.33 0.30 0.30 - 0.04 0.55 0.32 0.42 0.40 0.40 - 0.02 0.86 0.50 0.59 0.50 0.52 - 0.01 1.04 0.37 0.43 0.38 0.39 - 0.03 0.83 0.18 0.23 0.19 0.23 + 0.04 0.38 0.09 0.00 0.09 - 0.01 0.20 0.05 0.09 unch 0.00 0.14 0.10 0.10 0.10 0.10 0.12 0.11 0.11 - 0.01 0.20 0.29 0.34 0.29 0.34 + 0.05 0.65 0.36 unch 0.00 0.90 0.43 0.43 0.43 37.13 48.08 43.65 47.89 + 4.12 58.09 0.15 0.19 0.16 0.19 + 0.02 0.35 0.20 0.24 0.00 0.23 - 0.01 0.43 0.10 unch 0.00 0.27 0.14 0.13 0.13 0.08 0.07 0.08 unch 0.00 0.16 0.07 0.08 0.05 0.06 + 0.00 0.13 0.05 0.03 unch 0.00 0.14 0.07 0.06 0.06 0.02 0.05 0.04 0.04 + 0.00 0.11 0.02 0.03 0.02 0.02 - 0.01 0.11 0.02 unch 0.00 0.14 0.03 0.02 0.03 0.04 unch 0.00 0.08 0.05 0.04 0.05 0.11 0.10 0.11 unch 0.00 0.17 0.10 0.03 0.03 0.03 unch 0.00 0.06 0.01 0.45 1.14 0.94 1.10 + 0.02 2.25 10.80 10.02 10.32 - 0.06 11.44 7.64 14.16 13.29 13.52 - 0.08 14.62 9.66 0.02 unch 0.00 0.04 0.03 0.03 0.03 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.11 0.15 0.14 0.15 - 0.01 2.20 0.02 0.21 0.18 0.19 + 0.01 2.90 0.07 unch 0.00 0.45 0.08 0.07 0.07 0.10 0.11 0.10 0.10 - 0.01 0.64 0.18 0.98 0.87 0.95 - 0.02 1.13 0.87 1.23 1.02 1.09 - 0.03 2.85 0.02 0.23 0.18 0.21 + 0.03 0.23 0.03 0.03 0.03 0.03 - 0.01 0.05 0.01 0.03 0.02 0.02 + 0.00 0.04 0.12 0.17 0.00 0.17 + 0.00 0.26 0.15 0.24 0.21 0.23 + 0.02 0.30 0.05 unch 0.00 0.11 0.05 0.05 0.05 0.13 0.14 0.11 0.13 - 0.02 0.42 0.96 unch 0.00 1.98 0.00 0.00 0.96 0.03 unch 0.00 0.05 0.03 0.03 0.03 0.03 0.04 0.04 0.04 + 0.01 0.07 0.12 0.12 0.12 unch 0.00 0.19 0.12 0.14 0.19 0.18 0.18 + 0.02 0.45 0.86 1.34 1.20 1.25 + 0.07 2.01 0.03 0.04 0.03 0.03 - 0.01 0.10 0.00 unch 0.00 0.03 0.01 0.01 0.01 0.42 0.44 0.42 0.42 - 0.01 0.82 0.30 0.32 0.31 0.32 - 0.01 0.66

S

2018-07-31 4:22 PM

GLOBAL MINING NEWS

(100s) Stock

THE NORTHERN MINER / AUGUST 6–19, 2018

Week

12-month

Exc Volume High Low Last Change High Low

Stratabd Mnr V 77 Strateco Res* O 64 Strategic Metl* O 122 Strategic Metl V 137 Strategic Res V 1 O 0 Strategic Res* Stria Lithium V 138 Strikepoint Gd V 209 Strikepoint Gd* O 122 Strongbow Expl V 166 Strongbow Expl* O 3 Stroud Res V 107 Sulliden Mng T 117 Sun Metals V 261 Suncor Energy T 13960 Suncor Energy* N 18302 Sunvest Mnrls V 101 Sunvest Mnrls* O 7 Superior Gold* O 16 Superior Gold V 58 Superior Mng V 9 Supreme Metals 152 Surge Copper * O 115 Surge Copper V 217 Surge Explor* O 10 Surge Explor V 191 Sutter Gold* O 60 Sutter Gold V 253 Syrah Res* O 39

0.05 0.05 0.05 unch 0.00 0.08 0.01 0.00 0.00 0.00 - 0.00 0.02 0.00 0.34 0.31 0.31 - 0.00 0.46 0.30 0.43 0.41 0.42 unch 0.00 0.58 0.40 0.00 0.00 0.20 unch 0.00 0.25 0.10 0.00 0.00 0.14 unch 0.00 0.14 0.11 0.04 0.03 0.04 unch 0.00 0.08 0.03 0.19 0.17 0.19 + 0.02 0.50 0.15 0.15 0.13 0.14 unch 0.00 0.40 0.11 0.23 0.17 0.18 + 0.01 0.28 0.13 0.14 0.13 0.14 + 0.00 0.22 0.10 0.02 0.01 0.02 + 0.01 0.03 0.01 0.27 0.25 0.27 + 0.02 0.65 0.23 0.19 0.18 0.18 + 0.01 0.40 0.16 54.95 52.64 54.81 + 0.81 55.35 38.11 42.07 40.28 41.98 + 0.84 42.06 30.53 0.07 0.06 0.06 - 0.01 0.14 0.06 0.05 0.05 0.05 - 0.01 0.18 0.04 1.00 0.99 1.00 + 0.02 1.28 0.69 1.35 1.28 1.32 + 0.03 1.62 0.85 0.08 0.08 0.08 unch 0.00 0.09 0.04 0.04 0.04 0.04 unch 0.00 0.08 0.03 0.08 0.07 0.08 + 0.00 0.21 0.07 0.12 0.10 0.12 + 0.01 0.26 0.09 0.13 0.11 0.13 + 0.02 0.36 0.09 0.17 0.15 0.16 - 0.01 0.28 0.13 0.01 0.00 0.01 + 0.00 0.03 0.01 0.02 0.02 0.02 unch 0.00 0.04 0.02 2.34 2.14 2.33 + 0.16 3.85 1.96

Tahoe Res* N 10992 Tahoe Res T 2329 Taiga Gold 113 Taiga Gold* O 43 Tajiri Res V 120 Taku Gold* O 10 Taku Gold 298 Talmora Diamd 524 Talon Metals T 265 Tamino Mnrls* O 12667 Tanager Energy V 39 Tango Mining V 1142 V 389 Tanqueray Expl Tantalex Res 1138 Tanzania Mnls V 8 Tanzania Rlty T 87 Tanzania Rlty* X 746 Taranis Res V 235 Taranis Res* O 0 Tarku Res V 217 Tartisan Nick* O 525 Tartisan Nick 889 Tasca Res V 9025 Taseko Mines T 771 Taseko Mines* X 2642 Teck Res T 7037 Teck Res T 10 Teck Res* N 18078 11 Telson Res * O Telson Res V 58 Tembo Gold V 129 Tembo Gold* O 1015 Teranga Gold T 829 O 36 Teranga Gold* Teras Res V 852 Teras Res* O 22 Terraco Gold V 166 Terrax Mnrls* O 147 Terrax Mnrls V 314 Terreno Res V 100 Teslin Rvr Res V 1423 Tesoro Mnrls V 862 Tethyan Res V 21 Teuton Res V 264 Teuton Res* O 0 Texas Mineral* O 194 Themac Res V 5 Thor Expl V 125 Thunder Mtn Gd V 18 Thunder Mtn Gd* O 21 Thunderstruck V 259

4.57 4.35 4.41 - 0.13 7.00 3.76 6.02 5.73 5.78 - 0.16 8.50 4.75 0.15 0.12 0.12 - 0.02 0.21 0.12 0.10 0.09 0.09 - 0.01 0.16 0.10 0.13 0.12 0.12 - 0.02 0.18 0.08 0.03 0.03 0.03 unch 0.00 0.14 0.03 0.05 0.00 0.05 unch 0.00 0.24 0.05 0.05 0.04 0.05 + 0.01 0.05 0.01 0.10 0.08 0.09 - 0.03 0.15 0.05 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.08 0.06 0.08 + 0.02 0.17 0.05 0.04 0.03 0.03 unch 0.00 0.06 0.03 1.15 1.06 1.09 - 0.03 1.41 0.33 0.13 0.10 0.11 - 0.02 0.25 0.03 0.22 0.00 0.22 unch 0.00 1.20 0.12 0.57 0.53 0.53 - 0.04 0.89 0.31 0.44 0.40 0.41 - 0.03 0.68 0.24 0.11 0.08 0.11 unch 0.00 0.14 0.07 0.00 0.00 0.08 unch 0.00 0.11 0.03 0.03 0.03 0.03 unch 0.00 0.06 0.03 0.05 0.00 0.05 unch 0.00 0.09 0.05 0.08 0.07 0.08 + 0.02 0.16 0.06 0.11 0.06 0.07 + 0.01 0.62 0.05 1.30 1.16 1.18 - 0.10 2.98 1.19 0.99 0.88 0.91 - 0.06 2.46 0.92 34.49 31.81 33.82 + 1.82 39.08 25.60 34.20 32.00 33.93 + 1.76 39.00 25.75 26.40 24.18 25.93 + 1.54 30.80 20.06 0.56 0.51 0.51 - 0.05 0.74 0.27 0.76 0.68 0.68 - 0.09 1.00 0.31 0.03 0.02 0.02 - 0.01 0.05 0.01 0.02 0.01 0.02 unch 0.00 0.03 0.01 4.49 4.12 4.47 + 0.31 5.63 2.36 3.43 3.18 3.41 + 0.11 6.40 1.83 0.07 0.06 0.06 - 0.01 0.14 0.06 0.06 0.05 0.06 unch 0.00 0.11 0.05 0.09 0.08 0.09 unch 0.00 0.12 0.08 0.32 0.28 0.30 + 0.03 0.51 0.25 0.43 0.38 0.41 + 0.03 0.62 0.33 0.05 0.04 0.04 unch 0.00 0.18 0.03 0.50 0.42 0.47 + 0.05 0.76 0.33 0.07 0.06 0.06 unch 0.00 0.12 0.05 0.22 0.20 0.22 + 0.01 0.57 0.17 0.22 0.20 0.22 + 0.01 0.35 0.15 0.15 0.00 0.15 unch 0.00 0.26 0.12 0.30 0.23 0.23 - 0.07 0.35 0.13 0.08 0.00 0.08 + 0.01 0.10 0.03 0.19 0.15 0.16 - 0.03 0.23 0.09 0.16 0.15 0.15 unch 0.00 0.32 0.14 0.14 0.13 0.13 - 0.01 0.30 0.10 0.07 0.06 0.07 - 0.01 0.13 0.05

T

(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

Thunderstruck* O 60 Tiger Intl V 8 Till Capital V 0 Timberline Res V 355 Timberline Res* O 362 Timmins Gold T 291 Timmins Gold* X 546 Tinka Res V 362 Tinka Res* O 124 Titan Mining T 1141 Titanium Corp V 59 TMAC Resource* O 5 151 TMAC Resources T TNR Gold V 329 Toachi Mg Inc* O 118 Toachi Mg Inc V 101 Tolima Gold V 986 TomaGold V 441 Tombstone Expl* O 548 Tonogold Res* O 104 85 Torex Gold* O Torex Gold T 2516 Torq Resources* O 103 Torq Resources V 178 Tower Res* O 20 Tower Res V 134 Transatlan Mng* O 0 Transatlan Mng V 7 Transition Mtl V 341 Treasury Metal T 143 Treasury Metal* O 42 Trecora Res* N 133 Trek Mining V 3627 Trek Mining* O 586 Tres-Or Res V 8 Trevali Mng* O 166 Trevali Mng T 6918 Tri Origin Exp V 818 Trifecta Gold V 53 Trifecta Gold* O 31 Trigen Res* O 47 Trilogy Mtls T 33 Trilogy Mtls* X 1600 TriMetals Mng* O 31 O 39 TriMetals Mng* TriMetals Mng T 15 Trinity Res* O 0 Trinity Valley V 401 O 14 Trio Resources* TriStar Gold* O 61 TriStar Gold V 205 Triumph Gold V 375 Triumph Gold* O 164 Troilus Gold V 10 V 9 Troubadour Res Troy Enrgy V 8 Troy Res* O 20 Troymet Expl V 847 True North Gem V 336 Trueclaim Expl V 56 O 0 Trueclaim Expl* Tsodilo Res V 21 Tudor Gold * O 38 Tudor Gold V 65 Turquoise HIl T 2083 Turquoise HIl* N 8734 TVI Pacific* O 7 TVI Pacific V 178 Tyhee Gold* O 2154 Typhoon Expl V 392

0.06 0.05 0.06 + 0.01 0.15 0.04 0.17 0.08 0.08 - 0.01 0.17 0.04 2.33 0.00 2.00 - 0.33 5.60 1.90 0.15 0.11 0.12 - 0.03 0.51 0.08 0.12 0.09 0.10 - 0.01 0.43 0.06 1.90 1.82 1.83 - 0.04 6.05 1.76 1.44 1.39 1.40 - 0.03 4.94 1.32 0.46 0.44 0.46 - 0.01 0.87 0.40 0.36 0.34 0.34 - 0.01 0.75 0.31 1.37 1.23 1.30 unch 0.00 1.65 0.92 0.82 0.71 0.75 - 0.15 1.50 0.70 5.38 4.96 5.38 + 0.42 9.50 4.04 7.20 6.43 7.15 + 0.65 12.03 5.19 0.05 0.05 0.05 + 0.01 0.09 0.03 0.11 0.11 0.11 unch 0.00 0.30 0.10 0.15 0.11 0.13 - 0.02 0.48 0.11 0.01 0.01 0.01 + 0.01 0.06 0.01 0.07 0.06 0.06 - 0.01 0.10 0.05 0.01 0.00 0.01 - 0.00 0.01 0.00 0.14 0.09 0.14 + 0.02 0.40 0.04 8.40 6.95 7.68 - 0.68 18.50 5.73 11.07 8.97 10.02 - 0.89 23.19 7.29 0.37 0.33 0.33 - 0.03 1.10 0.34 0.48 0.44 0.48 + 0.01 0.80 0.43 0.10 0.09 0.09 - 0.01 0.17 0.08 0.11 0.10 0.11 - 0.01 0.23 0.10 0.02 0.02 0.02 unch 0.00 0.08 0.02 0.03 0.00 0.03 unch 0.00 0.10 0.03 0.13 0.12 0.12 - 0.01 0.20 0.12 0.42 0.40 0.42 + 0.02 0.77 0.38 0.32 0.30 0.32 + 0.01 0.65 0.29 15.45 14.60 14.65 - 0.40 15.60 10.25 1.02 0.98 1.00 unch 0.00 1.39 0.88 0.78 0.75 0.77 + 0.01 1.11 0.69 0.03 0.00 0.03 unch 0.00 0.07 0.03 0.65 0.60 0.60 - 0.02 1.37 0.56 0.86 0.78 0.81 unch 0.00 1.75 0.73 0.03 0.03 0.03 unch 0.00 0.06 0.02 0.12 0.09 0.09 - 0.02 0.22 0.07 0.08 0.00 0.08 + 0.00 0.19 0.05 0.29 0.25 0.25 + 0.04 1.01 0.22 2.60 2.30 2.49 + 0.08 2.60 0.90 2.01 1.76 1.86 + 0.02 2.01 0.69 0.07 0.00 0.07 + 0.00 0.18 0.06 0.15 0.13 0.15 + 0.01 0.20 0.11 0.09 0.08 0.08 - 0.01 0.23 0.08 0.00 0.00 0.01 unch 0.00 0.10 0.01 0.06 0.06 0.06 unch 0.00 0.16 0.06 0.00 0.00 0.00 - 0.00 0.00 0.00 0.16 0.15 0.16 - 0.01 0.31 0.13 0.20 0.18 0.20 - 0.01 0.38 0.18 0.44 0.39 0.42 - 0.02 0.57 0.26 0.34 0.30 0.32 - 0.00 0.46 0.20 1.29 1.25 1.29 + 0.04 2.25 1.20 0.14 0.14 0.14 unch 0.00 0.16 0.14 0.04 0.04 0.04 unch 0.00 0.15 0.04 0.09 0.09 0.09 - 0.02 0.13 0.06 0.01 0.01 0.01 unch 0.00 0.03 0.01 0.01 0.01 0.01 unch 0.00 0.02 0.01 0.20 0.14 0.15 - 0.05 0.30 0.07 0.00 0.00 0.10 unch 0.00 0.17 0.01 0.54 0.46 0.46 - 0.03 0.83 0.46 0.26 0.24 0.26 + 0.01 0.71 0.24 0.35 0.00 0.33 - 0.01 0.94 0.31 3.77 3.62 3.64 - 0.08 4.52 3.40 2.87 2.75 2.78 - 0.06 3.59 2.63 0.01 0.01 0.01 unch 0.00 0.02 0.00 0.02 0.01 0.01 unch 0.00 0.02 0.01 0.00 0.00 0.00 + 0.00 0.00 0.00 0.05 0.04 0.04 - 0.01 0.10 0.04

U.S. Lithium* O 3001 U3O8 Corp* O 21 U3O8 Corp T 202 Ucore Rare Mtl V 222 Ucore Rare Mtl* O 339 UEX Corp T 2486 Ultra Lithium* O 6 Ultra Lithium V 31 Umbral Enrgy* O 268 Unigold* O 42

0.02 0.02 0.02 - 0.00 0.06 0.02 0.26 0.23 0.26 + 0.03 0.49 0.18 0.35 0.00 0.35 + 0.04 0.60 0.21 0.22 0.18 0.22 + 0.03 0.31 0.17 0.17 0.14 0.17 + 0.02 0.26 0.13 0.24 0.21 0.23 + 0.01 0.41 0.15 0.13 0.13 0.13 unch 0.00 0.63 0.12 0.23 0.21 0.23 + 0.01 0.80 0.15 0.27 0.00 0.22 + 0.02 0.64 0.07 0.13 0.13 0.13 unch 0.00 0.21 0.12

U-V

(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

V 49 Unigold United Lithium 1 United Res Hdg* O 201 United Silver* O 1660 United States A* X 399 United States S* N 37666 Unity Energy V 12 Unity Energy* O 7 V 1327 Universal Vent V 2 Upper Canyon Ur-Energy T 618 Ur-Energy* X 4285 Uracan Res V 251 Uracan Res* O 7 Uragold Bay Rs V 181 10114 X Uranium Energy* O 0 Uranium Hunter* Uranium Res* D 2127 Uravan Mnrls V 68 US Energy* D 226 US Precious M* O 498 126716 N Vale* ValGold Res* O 16 ValGold Res V 670 Valley High Mg* O 843 ValOre Metals V 100 O 11 ValOre Metals* Valoro Res V 34 Valoro Res* O 19 Valterra Res V 375 Valterra Res* O 315 V 126 Vanadium One O 106 Vanadiumcorp* Vangold Res* O 153 Vangold Res V 595 Vanstar Mng Rs V 189 Vantex Res* O 15 Vantex Res V 1 Vatic Vent V 607 Vatic Vent* O 9 N 2931 Vedanta* Velocity Mnrls V 490 O 85 Vendetta Mng* Vendetta Mng V 558 V 5 Venerable Vent O 35 Venture Mnrls* Verde Potash T 384 Verde Res* O 36 Veris Gold* O 62 Vertical Expl V 1011 Victoria Gold V 576 Victory Nickel 93 O 16 Victory Nickel* Victory Res V 24 Victory Res* O 4 Victory Vent* O 42 Victory Vent V 756 O 52 Virginia Enrgy* Virginia Enrgy V 26 Viscount Mng V 96 Visible Gold M V 306 0 Visible Gold M* O Vision Lithium V 145 O 76 Vision Lithium* Vista Gold* X 460 Vista Gold T 34 Viva Gold* O 80 Viva Gold V 105 Volcanic Gold V 108 Volt Energy V 98 Voltaic Min V 24 Voyageur Min V 92 O 100 VR Resources* V 227 VR Resources Vulcan Mnrls V 720 VVC Expl V 65

0.15 unch 0.00 0.29 0.17 0.16 0.16 0.40 unch 0.00 0.57 0.50 0.50 0.50 0.03 0.02 0.02 - 0.01 0.07 0.00 0.00 0.00 0.00 0.00 - 0.00 0.01 0.55 0.49 0.54 + 0.02 0.59 0.20 38.89 35.82 37.00 - 0.13 47.64 22.38 0.10 unch 0.00 0.23 0.15 0.15 0.15 0.08 0.12 0.11 0.12 + 0.01 0.19 0.31 unch 0.00 0.63 0.58 0.49 0.55 0.03 0.33 0.00 0.33 - 0.05 0.40 0.62 0.99 0.92 0.98 + 0.02 0.98 0.50 0.77 0.69 0.75 + 0.01 0.79 0.02 0.03 0.02 0.03 + 0.01 0.04 0.01 0.02 0.01 0.01 + 0.00 0.09 0.09 0.08 0.09 + 0.01 0.14 0.08 0.96 1.72 1.51 1.65 - 0.01 2.00 0.50 unch 0.00 2.09 0.00 0.00 0.50 0.34 0.41 0.34 0.35 - 0.05 1.70 0.04 0.05 0.04 0.04 - 0.01 0.08 0.68 1.25 1.13 1.19 - 0.01 1.96 0.00 0.00 0.00 + 0.00 0.01 0.00 14.50 12.82 14.44 + 1.51 15.24 9.24 0.04 unch 0.00 0.10 0.10 0.10 0.10 0.05 0.13 0.12 0.13 + 0.01 0.14 0.01 0.00 0.01 + 0.00 0.04 0.00 0.52 0.62 0.54 0.58 - 0.05 1.25 0.40 0.46 0.44 0.44 - 0.05 0.48 0.14 0.18 0.14 0.18 + 0.03 0.90 0.10 0.12 0.10 0.10 - 0.01 0.14 0.02 0.03 0.02 0.02 - 0.01 0.06 0.01 unch 0.00 0.05 0.02 0.01 0.02 0.04 0.09 0.08 0.09 + 0.01 0.14 0.01 unch 0.00 0.14 0.08 0.05 0.08 0.03 0.05 0.00 0.04 + 0.00 1.36 0.05 0.06 0.05 0.06 + 0.01 0.25 0.10 0.09 0.10 + 0.01 0.12 0.06 0.04 unch 0.00 0.24 0.18 0.18 0.18 0.23 unch 0.00 0.58 0.25 0.00 0.25 0.12 0.15 0.14 0.14 - 0.03 0.32 0.05 0.12 0.09 0.11 + 0.02 0.64 11.71 13.06 11.99 13.03 + 1.27 21.99 0.15 0.16 0.00 0.15 - 0.01 0.47 0.13 0.14 0.13 0.14 + 0.01 0.27 0.16 0.20 0.18 0.19 + 0.01 0.33 0.09 unch 0.00 0.14 0.12 0.12 0.12 0.02 unch 0.00 0.04 0.02 0.02 0.02 0.39 unch 0.00 1.26 1.18 1.00 1.10 0.00 0.01 0.01 0.01 - 0.00 0.13 0.00 0.00 0.00 0.00 + 0.00 0.02 0.05 0.15 0.12 0.12 + 0.01 0.40 0.31 unch 0.00 0.57 0.35 0.34 0.35 0.04 0.05 0.04 0.05 + 0.01 0.07 0.02 0.04 0.04 0.04 - 0.01 0.05 0.13 unch 0.00 0.65 0.20 0.00 0.20 0.13 0.15 0.13 0.15 + 0.02 0.19 0.06 0.12 0.11 0.12 + 0.01 0.24 0.06 0.18 0.14 0.17 + 0.03 0.36 0.07 0.23 0.15 0.19 + 0.01 0.25 0.09 0.26 0.00 0.24 + 0.01 0.33 0.22 unch 0.00 0.40 0.26 0.25 0.25 0.07 0.07 0.07 + 0.01 0.18 0.06 0.05 0.05 0.05 unch 0.00 0.14 0.04 0.18 0.40 0.33 0.33 - 0.08 0.79 0.25 0.29 0.26 0.29 + 0.03 0.62 0.56 0.63 0.58 0.61 - 0.04 0.92 0.76 0.83 0.00 0.79 - 0.03 1.14 0.27 0.35 0.29 0.35 + 0.00 0.40 0.21 0.46 0.39 0.45 - 0.03 0.69 0.12 0.14 0.12 0.13 - 0.01 0.46 0.12 0.15 0.13 0.13 - 0.03 0.96 0.17 0.19 0.19 0.19 - 0.01 0.95 0.04 0.08 0.07 0.07 - 0.01 0.15 0.20 0.24 0.22 0.23 - 0.01 0.35 0.23 0.30 0.26 0.30 + 0.03 0.43 0.04 0.06 0.04 0.06 + 0.02 0.07 0.03 unch 0.00 0.07 0.03 0.03 0.03

Walker Lane* O 5 Walker River V 153 T 5344 Wallbridge Mng War Eagle Mg V 1581

0.10 unch 0.00 0.24 0.24 0.24 0.24 0.05 unch 0.00 0.15 0.07 0.05 0.06 0.06 0.10 0.00 0.09 + 0.01 0.15 0.04 0.22 0.04 - 0.08 0.07 0.13

W-Z

(100s) Stock

Week

23

12-month

Exc Volume High Low Last Change High Low

Waseco Res V 352 Wealth Mnrls V 1107 O 1100 Wealth Mnrls* Wescan Gldflds* O 2 V 2 Wescan Gldflds O 348 Wesdome Gold* Wesdome Gold T 1901 West Af Res V 534 West High Yld V 28 West Kirkland V 318 West Kirkland * O 112 West Red Lake* O 104 471 West Red Lake Western Areas* O 4 Western Atlas V 1416 T 194 Western Copper Western Copper* X 205 Western Pac Rs V 450 Western Pac Rs* O 15 T 78 Western Potash Western Res* O 0 Western Uran 127 Western Uran* O 273 Westhaven Vent V 140 O 3 Westhaven Vent* O 228 Westkam Gold* Westkam Gold V 30 V 41 Westminster Rs Westmoreland* O 449 0 WestMountain* O White Energy* O 12 White Gold* O 9 White Gold V 37 White Metal R* O 367 White Metal Rs V 2594 70 White Mtn Engy* O Whitehaven Coa* O 0 V 50 Whitemud Res Winston Gold 89 O 168 Winston Gold* Winston Res 218 Wolfden Res* O 198 Wolfden Res V 1173 Wolfeye Res V 308 Wolverine Mnls* O 1 V 16 Wolverine Mnls Worldwide Res V 10 WPC Res V 128 X-Terra Res V 42 Xander Res V 401 Xiana Mng V 40 Xiana Mng* O 3 Ximen Mng* O 4 Ximen Mng V 33 Xmet Inc* O 783 V 726 Xtierra Xtra-Gold Res T 159 O 23 Xtra-Gold Res* Yamana Gold T 13280 N 72140 Yamana Gold* Yellowhead Mng V 26 Yorbeau Res T 174 Yorbeau Res* O 23 Zadar Vent V 238 Zadar Vent * O 50 Zara Res 0 Zenyatta Vent* O 17 Zenyatta Vent V 165 Zephyr Mnls* O 51 Zephyr Mnls V 142 Zimtu Capital V 22 Zinc One Res V 344 Zinc One Res * O 144 Zincore Mtls V 10 Zincore Mtls* O 1 ZincX Res* O 267 ZincX Res V 6139 Zonte Mtls V 278

0.04 0.04 0.04 unch 0.00 0.08 0.03 0.92 0.62 0.65 - 0.26 2.34 0.62 0.72 0.44 0.54 - 0.16 1.85 0.44 0.04 0.04 0.04 unch 0.00 0.10 0.04 0.05 0.05 0.05 unch 0.00 0.12 0.05 2.87 2.64 2.69 + 0.02 3.79 1.28 3.73 3.46 3.50 + 0.01 3.73 1.64 0.35 0.00 0.31 - 0.02 0.50 0.29 0.40 0.36 0.40 unch 0.00 3.80 0.24 0.06 0.06 0.06 unch 0.00 0.09 0.06 0.05 0.04 0.04 - 0.00 0.07 0.04 0.07 0.05 0.05 - 0.02 0.20 0.04 0.11 0.07 0.08 unch 0.00 0.21 0.07 2.41 2.38 2.38 - 0.03 2.82 1.91 0.11 0.10 0.11 + 0.01 0.32 0.10 1.07 1.03 1.06 unch 0.00 1.76 0.92 0.85 0.79 0.81 - 0.00 1.44 0.71 0.02 0.02 0.02 unch 0.00 0.03 0.01 0.02 0.02 0.02 unch 0.00 0.03 0.01 0.39 0.37 0.39 + 0.02 0.58 0.37 0.00 0.00 0.30 unch 0.00 0.37 0.28 1.13 0.91 1.10 + 0.15 1.20 0.54 0.88 0.69 0.85 + 0.13 0.99 0.44 0.17 0.14 0.15 - 0.02 0.24 0.08 0.13 0.13 0.13 - 0.00 0.18 0.06 0.01 0.01 0.01 - 0.00 0.04 0.01 0.02 0.01 0.02 unch 0.00 0.05 0.01 0.12 0.12 0.12 - 0.02 0.38 0.07 0.19 0.15 0.16 - 0.01 4.59 0.07 0.00 0.00 3.30 unch 0.00 11.00 1.15 0.19 0.19 0.19 unch 0.00 0.30 0.11 0.61 0.55 0.61 + 0.05 0.73 0.53 0.80 0.72 0.72 - 0.08 1.80 0.61 0.15 0.11 0.14 + 0.00 0.19 0.05 0.20 0.14 0.19 + 0.01 0.25 0.03 0.00 0.00 0.00 + 0.00 0.00 0.00 0.00 0.00 4.28 unch 0.00 4.37 2.46 0.02 0.02 0.02 unch 0.00 0.05 0.01 0.06 0.04 0.06 + 0.01 0.09 0.03 0.05 0.03 0.05 + 0.01 0.09 0.02 0.08 0.08 0.08 unch 0.00 0.24 0.08 0.33 0.25 0.32 + 0.04 0.56 0.11 0.43 0.34 0.40 + 0.04 0.68 0.14 0.90 0.80 0.86 - 0.02 1.64 0.51 0.06 0.06 0.06 + 0.00 0.12 0.06 0.10 0.00 0.09 - 0.01 0.17 0.07 0.03 0.03 0.03 unch 0.00 0.09 0.01 0.03 0.03 0.03 - 0.01 0.07 0.03 0.15 0.13 0.15 + 0.02 0.35 0.12 0.14 0.10 0.13 - 0.02 0.33 0.10 0.60 0.00 0.60 + 0.02 0.70 0.08 0.43 0.43 0.43 unch 0.00 0.55 0.06 0.10 0.10 0.10 unch 0.00 0.44 0.10 0.14 0.14 0.14 unch 0.00 0.25 0.13 0.00 0.00 0.00 unch 0.00 0.01 0.00 0.08 0.00 0.07 - 0.01 0.08 0.02 0.27 0.25 0.26 - 0.01 0.36 0.18 0.20 0.19 0.20 - 0.00 0.27 0.11 4.09 3.61 3.96 + 0.25 4.69 3.05 3.14 2.76 3.04 + 0.20 3.80 2.40 0.15 0.13 0.13 - 0.03 0.70 0.13 0.04 0.04 0.04 - 0.01 0.10 0.04 0.02 0.02 0.02 unch 0.00 0.06 0.02 0.03 0.03 0.03 unch 0.00 0.13 0.03 0.02 0.02 0.02 unch 0.00 0.08 0.02 0.00 0.00 0.12 unch 0.00 0.24 0.08 0.45 0.39 0.40 - 0.07 0.93 0.34 0.58 0.00 0.55 - 0.04 1.15 0.42 0.19 0.00 0.18 - 0.01 0.28 0.16 0.24 0.00 0.24 + 0.01 0.34 0.20 0.27 0.27 0.27 - 0.02 0.40 0.20 0.20 0.17 0.18 - 0.01 0.58 0.17 0.15 0.13 0.14 + 0.00 0.46 0.13 0.08 0.08 0.08 unch 0.00 0.35 0.03 0.06 0.06 0.06 unch 0.00 0.25 0.04 0.56 0.39 0.46 + 0.02 0.56 0.18 0.75 0.52 0.58 - 0.01 0.75 0.24 0.19 0.17 0.17 unch 0.00 0.39 0.12

BID-ASK — JULY 23–27, 2018

STOCK

37 Capital 55 North 60 North Gold AEX Gold African Metals Aguila Amer Gd Alba Minerals Alderon Iron* Alexandra Cap Allante Potash ALQ Gold Altitude Res Amador Gold Amanta Res Anglo-Bomarc Arch Coal* Archon Mineral Arian Res Armor Mnrls Arrowstar Res Asante Gold Asbestos Corp Astur Gold Atlatsa Res* Aurelius Min Austin Res Awale Res Banro Corp* Bell Copper Belvedere Res BeMetals Bethpage Cap BHK Mining Bird River Res Black Bull Res Black Mam Mtls Bluenose Gold Boss Power Brunswick Res Bullion Gld Res Bullman Mnls Cadillac Vent Cairo Res Canoe Mng Vent Canstar Res Cariboo Rose Cassius Vents Cdn Silvr Hunt Centurion Mnls Cerro Mng Chatham Rock Chiboug Ind Mn Chinapintza Mg Cicada Vents CIM Intl Grp Clarmin Explor Cleghorn Mnls Cliffs Nat Res* CMX Gold & Sil Colombia Crest Comet Inds Cons Woodjam CR Capital Cresval Cap CWN M’g Acq Cyntar Venture Cyprium Mng Dawson Gold Diamond Fields Discovery-Corp Eastern Zinc Electra Stone Empire Rock Eureka Res European Metal Eurotin

12-MONTH

EXC BID ASK LAST HIGH

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

20-23_AUG6_StockTables.indd 23

0.29 0.50 0.30 0.35 0.02 0.02 0.02 0.17 0.19 0.18 0.20 0.35 0.38 0.36 0.71 0.06 0.09 0.06 0.18 0.22 0.18 0.30 0.15 0.16 0.16 0.28 ... 0.40 0.14 0.52 0.60 0.62 0.50 0.93 0.10 0.35 0.10 0.11 1.10 1.10 0.22 0.45 0.05 0.08 0.05 0.09 0.16 0.19 0.19 0.30 0.01 0.02 0.01 0.08 0.08 0.15 0.16 ... ...

0.58 0.92 1.04 0.83 1.50 0.01 0.02 0.01 0.46 0.58 0.50 0.73 0.10 0.10 0.12 0.12 0.03 0.05 0.03 0.15 0.41 0.85 0.50 0.90 0.06 0.08 0.08 0.10 ... ...

0.06 0.45 0.13 0.14 0.14 0.15 0.02 0.02 0.02 0.04 0.12 0.17 0.12 0.48 0.11 0.11 0.11 2.10 0.17 0.20 0.20 0.22 0.01 0.95 0.82 0.96 0.22 0.27 0.20 0.32 0.06 ...

0.07 0.14 0.02 0.02 0.02 0.02 0.15 0.15 0.23 0.63 0.10 0.18 0.10 0.11 0.11 0.14 0.11 0.25 0.10 0.15 0.11 0.17 0.17 0.20 0.17 0.03 0.05 0.05 0.05 0.01 0.43 0.40 0.47 0.09 0.12 0.07 0.10 0.03 0.03 0.03 0.06 0.31 0.58 0.42 0.43 0.07 0.07 0.14 0.25 0.03 0.03 0.06 0.10 0.03 0.03 0.03 0.15 0.03 0.04 0.03 0.07 0.05 0.06 0.06 0.12 0.02 0.03 0.03 0.06 0.17 0.19 0.17 0.22 0.18 0.19 0.18 0.54 0.06 0.07 0.06 0.08 0.01 0.03 0.01 0.02 0.01 0.02 0.01 0.03 0.20 0.39 0.20 0.50 0.14 0.20 0.17 0.50 0.09 0.10 0.10 0.14 1.45 3.20 1.43 7.17 0.07 0.08 0.09 0.12 0.06 0.14 0.10 0.40 3.00 3.50 3.45 3.55 0.04 0.05 0.04 0.09 0.06 0.06 0.06 0.15 0.07 0.20 0.05 0.06 0.09 0.14 0.10 0.25 0.10 0.18 0.15 0.15 0.03 0.03 0.03 0.01 0.30 0.30 0.09 0.10 0.08 0.15 0.01 0.02 0.01 0.04 0.25 0.45 0.26 0.46 0.01 0.02 0.01 0.04 0.12 0.23 0.12 0.30 0.04 0.04 0.03 0.06 ... 0.01 0.01 0.06 0.07 0.06 0.10

LOW

STOCK

0.12

C EVI Global Grp C Excalibur Res Fairmont Res V Fieldex Expl V Finore Mng C Fire River Gol V Firebird Res V First Idaho V V First Legacy Fort St James V C Four Nines V Full Metal Mnl Gem Intl Res V Gentor Res V V GFM Res Global Cobalt V Global Cop Grp V God’s Lake Res C Goldbank Mng V Goldbelt Emp V Golden Cariboo V C GoldTrain Res Granite Ck Gld V Greatbanks Res V Greenshield Ex V Grenville Gold V Hawkeye Gld&Di V HFX Holding V Highvista Gold V Icon Explor V Infinite Lith V Inform Res V Intact Gold V V Interconnect Intl Battery C V Iron South Mng Jazz Res V JDF Explor Inc C Jiminex V Jubilee Gold V Kenna Res V La Imperial C Lamelee Iron V V Le Mare Gold Lead Ventures C C Leo Res Lions Bay Cap V Lithion Energy V Logan Res V Loncor Res T M.P.V. Explor C MAG Silver* X Magna Terra V Martina Mnls V Match Capital V MAX Res V Mega Copper V Meryllion Res C Mesa Expl V Metalo Manuf C Metalore Res V Metron Capital V Micrex Dev V Midasco Cap V Midnight Star C MillenMin Vent V Millstream Min V Minecorp Egy V Minsud Res V Moag Copper C Montana Gold C Mountain Lake C MX Gold V Nebu Res V New Klondike V New Stratus V

0.12 0.36 0.17 0.04 0.12 0.09 0.05 0.09 0.03 0.13 0.05 0.73 0.32 0.03 0.03 0.21 0.01 0.06 0.03 0.01 0.08 0.10 0.03 0.15 0.15 0.07 0.02 0.07 0.09 0.06 0.00 0.02 0.10 0.06 0.03 0.30 0.04 0.04 0.03 0.03 0.04 0.02 0.04 0.18 0.05 0.01 0.01 0.08 0.15 0.05 0.98 0.04 0.05 2.85 0.04 0.06 0.04 0.10 0.15 0.08 0.01 0.17 0.01 0.12 0.02 0.05

12-MONTH

EXC BID ASK LAST HIGH LOW

0.18 0.19 0.19 0.43 0.09 0.10 0.10 0.11 0.02 0.02 0.02 0.04 0.18 0.18 0.19 0.12 0.12 0.11 0.03 0.07 0.09 0.03 0.04 0.03 0.09 0.09 0.25 0.04 0.06 0.16 0.18 0.15 0.25 0.22 0.32 0.25 0.59 0.06 0.10 0.08 0.16 0.01 ...

0.10 0.15 0.01 0.02 0.02 0.03 0.08 0.11 0.10 0.20 0.05 0.12 0.15 0.15 0.02 0.02 0.02 0.07 0.08 0.08 0.11 0.95 0.95 0.90 1.10 0.14 0.25 0.14 0.34 0.02 0.03 0.02 0.03 0.06 0.09 0.08 0.19 ... ...

0.08 0.08 0.10 0.14 0.10 0.17 0.03 0.05 0.03 0.13 0.21 0.15 0.15 0.10 0.23 0.11 0.17 0.04 0.05 0.04 0.12 0.07 ...

0.07 0.12 ... 0.15 0.17 ... 0.40 0.41 0.84 0.26 0.29 0.28 0.32 0.13 0.20 0.18 0.39 0.14 0.16 0.16 1.18 0.07 0.14 0.10 0.10 ... ...

0.31 0.36 0.24 0.27 0.24 0.28 0.06 0.08 0.08 0.09 0.01 0.10 0.05 0.15 0.05 0.07 0.05 0.28 0.45 0.64 0.64 0.72 0.13 0.16 0.15 0.07 0.49 0.07 0.08 ... 0.48 0.48 0.48 0.07 0.07 0.17 2.90 0.25 0.47 0.25 0.60 ... 1.09 1.09 0.08 0.10 0.07 0.25 ... ...

0.10 0.03 0.06 0.06 0.08 0.07 0.08 0.08 0.12 0.13 0.15 0.15 0.30 12.52 13.30 12.52 14.40 0.04 0.04 0.04 0.08 0.05 0.08 0.04 0.07 0.01 0.04 0.04 0.24 0.24 0.20 0.32 0.18 0.20 0.17 0.18 0.02 0.03 0.03 0.21 0.06 0.07 0.06 0.08 0.35 0.40 0.39 0.60 1.80 2.80 1.80 4.45 0.06 0.20 0.07 0.08 0.02 0.02 0.01 0.03 0.10 0.18 0.10 0.15 ... ...

0.20 0.25 0.01 0.05 0.05 0.04 0.06 0.04 ... ...

0.12 0.20 0.07 0.08 0.07 0.21 ... ...

0.08 0.09 0.10 0.10 0.10 0.02 0.10 0.05 0.09 0.11 0.11 0.11 0.22 0.02 0.04 0.04 0.01 0.01 0.01 0.40 0.48 0.40 0.48

0.03 0.01 0.01

0.01 0.02 0.13 0.15 0.07 0.08 0.01 0.06 0.02 0.04 0.04 0.11 0.01 0.05 0.06 0.08 0.05 0.08 0.04 0.04 0.03 0.12 0.14 0.14 0.05 0.30 0.04 0.06 0.01 0.05 0.35 0.04 0.16 0.17 0.06 0.07 0.04 0.06 0.15 6.12 0.03 0.03 0.06 0.16 0.02 0.03 0.23 1.77 0.05 0.01 0.05 0.08 0.07 0.06 0.02 0.02 0.08 0.08

STOCK

Newmac Res North Am Ptash Odyssey Res Oriental Non F Orofino Mnrls Pac Arc Res Pac Cascade Pac Link Mng Paget Mrnls Parana Copper Patriot Gold Pedro Res Pele Mtn Res Phoenix Gold Prime Meridian Q-Gold Res Quantum Cobalt Quartz Mtn Res Randsburg Intl Rare Element* Razore Rock Res Red Moon Res Red Oak Mg Red Tiger Mng Reliant Gold Remington Res Rhyolite Res Ridgestone M’g Riley Resource Rockland Mnls Rockridge Res Rojo Res Rubicon Mnrls* Sage Gold Scavo Res Silver Mtn Mns Silver Phoenix Sitka Gold Squire Mg Ltd Starr Peak Exp Stockport Expl Strategic Res Superior Mng Surge Explor Sutter Gold Taranis Res Tearlach Res Theia Res Tintina Mines Tri-River Vent Trident Gold Troubadour Res Troy Enrgy True Grit Res UC Res United Lithium Vale* Valencia Vent ValOre Metals Vanadium One Vanadiumcorp Vela Minerals Venerable Vent VVC Expl Wabi Explor Wescan Gldflds Westcot Vent Western Troy C Westridge Res Whistler Gold Ximen Mng Zena Mng Zinco Mng Zincore Mtls

12-MONTH

EXC BID ASK LAST HIGH LOW

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

0.08 0.11 0.08 0.09 0.05 0.08 0.04 0.03 0.04 0.03 0.08 ... ...

1.05 1.05 0.20 0.33 0.14 0.19 0.52 0.52 0.70 0.82 0.01 0.02 0.01 0.12 0.50 0.20 0.20 0.04 0.06 0.03 0.06 0.30 0.35 0.35 0.36 0.07 0.15 0.10 0.13 ... 0.28 0.21 0.42 0.04 0.04 0.04 0.15 ... 0.01 0.01 0.01 0.50 0.14 0.15 0.18 0.15 0.30 ... ...

1.10 3.15 0.78 0.90 0.80 1.50 0.01 0.02 0.02 0.02 0.11 0.16 0.15 0.89 0.11 ...

0.25 0.63 0.07 0.08 0.07 0.16 0.28 0.34 0.33 0.34 0.02 0.03 0.03 0.02 0.02 0.02 0.04 0.26 0.38 0.29 1.00 0.15 0.35 0.15 0.40 0.22 ...

0.27 0.32 0.12 0.35 0.15 0.15 0.07 0.08 0.08 0.11 0.22 0.26 0.26 0.50 ... 1.70 0.40 0.40 ... ...

0.03 1.35 0.01 0.01 0.02 0.25 0.36 0.57 0.36 0.54 0.02 0.02 0.02 0.03 0.06 0.10 0.15 0.24 0.12 0.15 0.16 0.30 0.35 0.44 0.35 0.45 0.12 0.14 0.12 0.19 0.02 0.02 0.03 0.03 0.19 0.32 0.20 0.25 0.07 0.13 0.08 0.09 0.39 0.44 0.39 0.23 0.02 0.02 0.02 0.04 0.08 0.11 0.11 0.14 0.08 0.15 0.08 0.07 0.13 0.09 0.12 0.02 0.10 0.05 0.10 ... ...

0.04 0.15 0.18 0.14 0.22 0.12 0.16 0.14 0.16 0.04 0.07 0.04 0.15 0.03 0.08 0.03 0.07 0.01 0.02 0.02 0.03 0.50 ...

0.50 0.57 ... ...

10.24 11.10 0.12 0.33 0.22 0.30 0.06 0.07 0.07 0.13 0.13 0.15 0.13 0.09 0.10 0.09 0.16 0.22 ...

0.30 0.30 0.10 0.13 0.12 0.14 0.03 0.03 0.03 0.07 0.08 ...

0.09 0.09 0.05 0.08 0.05 0.12 ... ...

0.35 0.55 0.02 0.02 0.02 0.06 0.62 0.62 0.60 0.80 0.08 0.15 0.08 0.08 0.14 0.15 0.14 0.25 0.07 0.10 0.08 0.18 0.05 0.07 0.05 0.08 0.10 0.08 0.35

0.06 0.03 0.90 0.06 0.09 0.03 0.03 0.09 0.09 0.13 0.03 0.10 0.20 0.60 0.01 0.06 0.09 0.04 0.06 0.02 0.29 0.15 0.19 0.10 0.01 0.22 0.23 0.03 0.01 0.26 0.02 0.06 0.14 0.07 0.10 0.02 0.10 0.04 0.03 0.02 0.07 0.07 0.04 0.14 0.14 0.04 0.03 0.01 0.40 6.57 0.14 0.07 0.09 0.18 0.09 0.03 0.05 0.05 0.02 0.02 0.29 0.03 0.13 0.08 0.03

2018-07-31 4:22 PM

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2018-07-31 11:46 AM