The Northern Miner July 11 2022 Issue 14

ARGONAUT GOLD RAISES OVER $500M IN DEBT AND EQUITY TO COMPLETE MAGINO / 3 Geotech_Earlug_2016_Alt2.pdf 1 2016-06-24 4:27:20 PM

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Post Noront takeover, Wyloo gets to work on Ring of Fire assets | Sees opportunity for Ontario to become world leader in EV revolution

EXCLUSIVE INTERVIEW

BY ALISHA HIYATE

W Fireweed Metals plans to deploy muon detectors at its Macmillan Pass zinc-lead-silver project in the Yukon to target stepout holes and help define the geometry of recently discovered zones. HENRY LAZENBY

Fireweed Zinc rebrands in pivot to the broader critical metals market SITE VISIT

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| Assets include zinc, lead and now tungsten

BY HENRY LAZENBY

ukon-focused explorer Fireweed Zinc has rebranded as Fireweed Metals (TSXV: FWZ; US-OTC: FWEDF) to reflect its metamorphosis into a critical minerals-focused company.

The name change follows its early June acquisition of the Mactung tungsten project in Yukon and the Northwest Territories for $15 million. The project is close to the company’s flagship Macmillan Pass zinc-lead-silver project, where it is mobilizing crews for a $10-million summer drilling program.

Company CEO Brandon Macdonald believes that the Mactung tungsten skarn deposit’s acquisition has transformed Fireweed into one of the leading critical mineral exploration companies.

“We are excited to be advancing both projects under the Fireweed umbrella to maximize value for Fireweed’s stakeholders,” Macdonald told The Northern Miner during a June site visit to the Yukon.

“Our flagship Macmillan Pass project is one of the world’s most significant undeveloped zinc projects. Nearby, our recently acquired Mactung project is one of the

world’s largest and highest-grade tungsten deposits. We recently acquired the Gayna River zinc-gallium-germanium project to the north.

“All our projects are in the safe jurisdiction of Canada. With zinc and tungsten designated as critical minerals by Canada, the U.S., and the EU, Fireweed is positioned to be a significant critical minerals player on the world stage and help enable the transition to a sustainable low-carbon economy,” Macdonald said.

The name change took effect on June 30, with trading continuing under the same ticker symbol.

The 37.6-sq-km Mactung property is adjacent to Macmillan Pass and about 13 km north of the company’s Tom deposit. It is accessible

by Yukon’s North Canol Highway or by the government-maintained Macmillan Pass airstrip near the Tom site.

It is located within the traditional territories of the Kaska Dena, the Na-Cho Nyäk Dun First Nation in Yukon, and the Sahtú Settlement Area in N.W.T. About 38,000 metres of drilling across 312 holes since the 1960s have outlined a significant, highgrade tungsten resource, leading to

a positive historical feasibility study in 2009.

Historic indicated resources in a 2007 report showed 33 million tonnes grading 0.88% tungsten trioxide with an inferred resource of 11.8 million tonnes grading 0.78%.

“While on its own Mactung is a strong project, we believe there are potential capital and operating synergies that could be gained by developing the projects together,” said Macdonald.

Those include a bulk discount for the mining fleet, reduced costs of a shared camp, admin and possibly mill facilities, and lower costs for shared infrastructure, which translate to reduced engineering costs and improved owner’s cost efficiencies. There are also numerous potential operational benefits to a combined development.

Field crews will be conducting due diligence and validation work at Mactung in the coming months in preparation for the planned mineral resource update and preliminary economic assessment study.

Gaining critical mass For now, Macdonald says the best value driver for the company is to See FIREWEED / 6

yloo Metals made a big splash last year with its battle against Australian behemoth BHP (NYSE: BHP; LSE: BHP; ASX: BHP) for control of Ring of Fire junior Noront Resources.

The private, Western Australia-based company, owned by Australian billionaire Andrew Forrest’s Tattarang investment group, outlined its vision for Noront’s high-grade nickel-copper-PGM Eagle’s Nest project early on. The miner plans to build a net-zero mine that would process the nickel in-province and create a ‘future metals hub’ while awarding $100 million worth of contracts to First Nations-owned businesses and establishing a training and employment centre for northern and Indigenous communities.

And most importantly, perhaps, it promised movement on a project that has been stalled by a lack of infrastructure and by disagreement among First Nations on development, invoking Forrest’s experience as founder of major iron ore producer Fortescue Metals Group (ASX: FMG).

“Seventeen years ago, people told me Fortescue’s deposits would never be mined because there was no infrastructure to access our projects. We proved those critics totally wrong and we want to do the same in the Ring of Fire,“ said Andrew Forrest in a press release last year during the takeover battle for Noront.

After emerging victorious from the “fierce battle” with BHP and closing the acquisition of Noront in April, Wyloo is wasting no time getting to work.

Exploration potential In early June, the private Australian company reopened the Esker exploration camp in Ontario’s James Bay Lowlands for the first time in three years. The company then began a 3,000-metre drilling program at Blue Jay — the first of 76 targets it intends to drill in the Ring of Fire.

The acquisition includes five existing high-grade orebodies:

RIO TINTO PUTS JV PROJECT WITH STAR DIAMOND ON HOLD / 3

Wyloo Metals CEO Luca Giacovazzi

Eagles nest (nickel-copper-PGMs), McFaulds (copper-zinc) and the Blackbird, Big Daddy and Black Thor chromite deposits.

However, Wyloo CEO Luca Giacovazzi says that although those deposits have potential to be mined, the main attraction of See WYLOO / 6

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Argonaut Gold doubles share count with $195M equity raise for Magino FINANCING

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| Gold miner also signs US$250M debt financing deal; expects first gold at Ontario project in Q1 2023

BY BLAIR MCBRIDE

rgonaut Gold (TSX: AR; US-OTC: ARNGF) has closed an offering of 434 million common shares at 45¢ apiece for gross proceeds of $195.3 million, part of an effort to finance construction of its over-budget Magino gold mine in Ontario.

Argonaut’s 100%-owned Magino mine is an underground, past-producing project located about 40 km northeast of Wawa.

Construction to bring the mine back into production as an open pit operation has been ongoing since October 2020.

In an earlier release on June 16, Argonaut said the shares would be priced at 45¢ each, representing a 43.6% discount to their five-day, volume-weighted trading price before the announcement. The offering closed on July 5, with the company seeking a “financial hardship” exemption from the Toronto Stock Exchange to complete the financing without shareholder approval. It also saw the company’s largest shareholder, GMT Capital, secure a 27.7% share of the company, up from a 20.3% holding.

The financing will more than double Argonaut’s common shares outstanding, from around 333 million to 767 million — or up to 832 million shares if a 15% over-allotment option is fully exercised.

Construction at Argonaut Gold’s Magino gold mine in Ontario as of May 2022. ARGONAUT GOLD

The company also announced that it signed a US$250-million debt financing agreement with a syndicate of lenders to help it refinance its existing debt and finance development and expansion at Magino and other producing assets.

The binding commitment letter includes a six-year, US$200-million term loan credit facility and a US$50-million three-year revolving credit facility. The terms of

the financing included an equity raise of at least US$150 million; a gold hedging program of 300,000 oz. between 2023 and 2027; a currency hedging program; and a detailed review by independent technical engineers of cost estimates and other information. The debt financing is expected to close at the end of August. The gold hedging program will start in the third quarter of 2023, with 25,000

oz. gold hedged per quarter for six quarters and 15,000 gold oz. for the next 10 quarters at a price of US$1,860 per oz.

Argonaut president and CEO Larry Radford said the debt financing agreement and proposed equity financing “will put Argonaut Gold in a strong financial position to complete the Magino project and move it forward into production by the end of Q1 2023.”

After acquiring Magino in 2012, Argonaut began construction in 2020, when development costs were estimated at about $510 million. A little more than one year later, the capital cost estimate rose by 57% to $800 million. In May 2022, the miner again updated costs to $920 million.

Magino is on schedule for the first gold pour by the end of March 2023, Argonaut said, with construction now 50% complete.

Argonaut also completed a-bought deal private placement of 19.8 million flow-through common shares for total proceeds of $51.8 million in March. That included the full exercise of an over-allotment option to purchase another 2.6 million shares.

A feasibility study for Magino published in December 2017 outlined a 19-year open-pit project, with measured and indicated resources of 144 million tonnes grading 0.91 gram gold per tonne for 4.2 million oz. of contained gold.

Argonaut’s holds several producing gold mines: the El Castilo mine complex in Durango, Mexico; La Colorada in Sonora state; and Florida Canyon, in Nevada.

At press time, Argonaut shares traded at 42¢ apiece. The stock has traded in a 52-week range of 40.5¢-$4.09. Argonaut has a market cap of $139.7 million. TNM

JOINT VENTURE ARTICLE

Mining companies should approach digital transformation as a ‘marathon, not a sprint,’ says Cameco’s Mark Leach

BY NORTHERN MINER STAFF

Mining companies that embrace digital transformation can reduce their costs, boost profits, and improve safety and environmental performance, according to Mark Leach, vice-president of business technology services for Cameco (TSX: COO; NYSE: CCJ).

He says that digitalization “allows work processes to be streamlined, and provides the data necessary for better decision-making and improving operational efficiencies.”

A pure-play nuclear fuel company, Cameco is one of the world’s largest uranium producers, with operations and investments across three continents that span the nuclear fuel cycle from exploration to fuel manufacturing.

According to Leach, the company adopted digital transformation to improve productivity, safety, and sustainability by optimizing its business practices and operations.

“We were looking for opportunities that drove greater productivity and efficiency by integrating digitization into our day-to-day business processes,” he explains.

“We also wanted to drive a culture of innovation across the company that created tangible benefits for our employees, stakeholders, and shareholders.”

While companies in the early days of digital transformation often “chased the latest shiny toy,” notes Leach, he says that many of them “ended up expending a lot of time and effort — and sometimes a huge

Marilyn Sinclair of Cumberland House, Sask., is a site services operator in Cigar Lake’s batch plant department. CAMECO

amount of money — without any tangible impacts on their business performance.

“So, we tried to learn from those companies and sought to do it differently by picking the digital technologies and tools that would make sense for our business and that we would derive value from,” he says.

To ensure Cameco met the business objectives of its digital transformation program, the company has chosen six digital themes to guide it through the digitization process.

These include robotic and operational hardware automation; integrated mining and planning; simulation and asset optimization; modern workplace; artificial intelligence (including machine learning); and analytics and decision support.

Leach says that its approach to robotic and operational automation includes both mechanical and software automation. “This allows for intelligent process automation that can improve the efficiency of the procedural activities common to all mining companies such as finance, procurement, and maintenance.”

Whereas the integration of mining and planning, he says, is helping to improve Cameco’s day-to-day operations at its mining areas “by looking to see what is available on the Industrial Internet of Things (IIoT) for activities such as short interval control and scheduling, and mine planning, management, asset management and reliability, and optimization.”

He adds that the company is also exploring digital twinning, which involves “the generation of a virtual

representation of a system that is updated using real-time data, and then uses simulation and asset optimization to support improved decision-making.”

Leach says the last two digital themes of Cameco’s digital transformation program — artificial intelligence (AI) and analytics and decision support —were separated from each other as the company viewed them as two different areas of application.

“If any company says that it has a digital program and does not include these last two areas, then I would say they don’t have a digital program,” he notes.

For example, he says that AI and machine learning allow predictive analytics to improve asset management by identifying potential faults or problems with equipment before they occur, leading to more effective maintenance planning.

While data is “absolutely fundamental to the digital transformation of your company’s operations,” says Leach, he also sounds a note of caution.

“The use of AI and machine learning generates tonnes of data, with a lot of it not of sufficient quality to conduct meaningful analysis and evaluation.”

Therefore, he believes that mining companies should ensure they have a base data capability, either in-house or externally, to manage the vast amount of data.

The digital transformation of a business’s operations, says Leach, also involves considerable

engagement and collaboration between employees and “so should be viewed as a marathon, not a sprint.”

To manage this data flow and unlock improved employee productivity, Cameco is using existing technologies such as Microsoft 365 and SharePoint.

“We’ve been using these technologies to transform our data centres and improve remote work capabilities for some time, and has allowed many of our employees to work remotely a few days a week since around 2016,” says Leach.

Consequently, he notes that the company was well prepared to absorb the impacts of the Covid-19 pandemic into its business continuity planning processes.

Working with a local tech partner, Cameco created the Powerbar concept, and embedded it as part of Microsoft Teams, which provides technical support with instant answers to “how-to” questions via live video chats with experts.

“A lot of our staff are carrying out physical activities, so a computer is an incidental part of their day and not their focus,” says Leach. “The Powerbar has proven extremely effective for remote training, and so we are now looking to expand its use to encompass other applications beyond Microsoft 365.”

The preceding Joint-Venture Article is PROMOTED CONTENT sponsored by WBM TECHNOLOGIES INC. and produced in cooperation with The Northern Miner.

Visit www.wbm.ca for more information.

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n this issue, we bring you our popular annual look at “Canada’s Top Ten” — this year focused on Canada’s biggest mining companies, precious metals juniors, and base metals and uranium juniors by market cap. From year to year, these lists don’t usually see dramatic changes, with the biggest comBY ALISHA HIYATE panies often shuffling up or down one or two spots.

This year, however, our Top Ten base metals and uranium companies have seen a big shift in balance. For the past two years, the bulk of companies on the list were copper juniors, with only three uranium juniors making the Top Ten. This year, that’s reversed, with six of the Top Ten focused on the energy metal, including No. 1 on the list, NexGen Energy. (In our main Top Ten list, too, uranium miner Cameco has climbed from No. 9 to No. 6.)

As noted in a late June report on uranium by BMO Capital Markets, 2022 has been the best year for uranium prices in a decade — with the spot price rising 46% in the last year to around US$47 per lb. (and rising above US$50 per lb. earlier in the year). The increase has been supported by the Sprott Uranium Physical Trust, which bought up 24 million lb. of uranium oxide in the second half of 2021, and which BMO notes as of mid-year, still has US$1.7 billion left to purchase more.

According to BMO, which has raised its long-term price forecast for uranium oxide to US$58 per lb., up from US$50 per lb. (still far from the record US$138-per-lb. high it briefly flirted with in 2007), “the global push for energy independence following Russia’s invasion of Ukraine has provided a tailwind for uranium expectations, as nuclear build-outs are back in vogue.”

Even before Russia’s invasion of Ukraine in February catapulted energy security up the priority list for advanced economies, however, global decarbonization targets helped get nuclear energy back on the radar.

There’s a growing recognition that net zero is simply not possible without nuclear power. Governments including the United States, China, South Korea, India, the U.K., and even Japan, where the Fukushima nuclear disaster in 2011 prompted a global retreat from nuclear energy, are discussing a mixture of new capacity, extending the lives of existing plants, and investing in new technology.

According to a June 2022 report by the International Energy Agency (IEA), “Nuclear Power and Secure Energy Transitions,” governments will need to develop policies that support nuclear power and invest in nuclear technology for it to remain a viable energy option. Currently the nuclear technology market is dominated by Russia and China, the IEA notes, with 27 out of 31 reactors being built since 2017 having either Russian or Chinese designs. Both construction times and costs to develop nuclear facilities have also been rising.

Countries including Canada are pinning their hopes on small modular nuclear reactors (SMRs) — a technology that is still in development, but could be built with lower capital investment and water usage, provide more flexibility in the overall power mix, and have inherent safety advantages over traditional nuclear technology. SMRs are designed to generate less than 300 MW per module (about one-third the capacity of a traditional nuclear reactor), with some varieties designed for a very small capacity of 10 MW or less. According to the IEA, there are about 70 different designs in development internationally, using different underlying technologies. (In March, Canada’s Innovation, Science and Industry Ministry announced a $27.2-million investment in Westinghouse Electric Canada to support its $57-million SMR, the eVinci micro-reactor.)

However, SMRs won’t realistically be part of the energy mix for another 10 years.

Even more important than technological maturity is public perception.

Sentiment has improved since Fukushima, including in Canada. As noted in a July 2021 article published by the University of Alberta-based commongroundpolitics.ca, surveys by the Canadian Nuclear Association have borne this out. While a 2012 survey found that the majority of Canadians saw nuclear power as “expensive and dangerous,” an Abacus Data survey conducted in 2020 showed that 55% of Canadians supported wider use of nuclear energy, with just 10% somewhat or strongly opposed to it.

Even though public sentiment around the safety and environmental risks of nuclear energy has improved, that could easily change. Starting next spring, Japan will begin slowly releasing treated wastewater contaminated by the Fukushima meltdown into the Pacific Ocean over a period of 40 years. The plan has drawn criticism and could spark a further backlash against nuclear energy more than a decade after the accident. Meanwhile, in Ontario, which has safely operated five of Canada’s six nuclear reactors for decades, the Nuclear Waste Management Organization is expected to decide next year on a “host community” site to bury 3.1 million used nuclear fuel bundles, bringing nuclear waste into the spotlight.

The biggest wild card in the whole situation is the global reaction to oil and gas giant Russia’s actions in Ukraine. The IEA, itself created as a response to the 1970s oil shock, notes that the current environment bears similarities to that decade.

“The oil security crisis of the 1970s spurred the first wave of nuclear newbuilds: in the decade that followed the first oil shock, construction started on almost 170 GW of nuclear power plants,” the report says. “These plants still represent 40% of the nuclear capacity that is operating today. If policy support is forthcoming and costs are kept under control, the renewed interest in nuclear today could point in a similar direction.” TNM

DEPARTMENTS Top Ten Market Cap.................................................................... 7 Top Ten Precious Metals Juniors.................................................... 11 Top Ten Base Metals and Uranium.. ............................................... 14 Professional Directory. ............................................................... 17 Market News. . . ......................................................................... 18 Metal, Mining and Money............................................................ 19 Stock Tables. . . . . ................................................................... 20-23

A VIEW FROM ENGLAND COLUMN

| The UK’s burning decision on coal

BY DR CHRIS HINDE Special to The Northern Miner

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overnments around the world face the same dilemma; if you’ve got undeveloped fossil fuel resources, do you use them? After a year of procrastination, the U.K. seems set to give mining the nod, with analysts predicting that Boris Johnson’s government will approve the first new underground coal mine here for 36 years. Such an outcome will be heavily criticized by environmental groups, of course, but would be a welcome fillip for the British mining industry after 100 years of declining coal production.

Coal mining has always attracted mixed emotions. A decision on the Woodhouse colliery in Cumbria will come almost exactly 180 years after a Royal Commission report caused public dismay at the extent of human degradation in U.K. coal mines. The report in 1842 concluded mine owners had little concern for the welfare of their workers, and that it was common for children under eight to be employed underground.

Encouraged by Queen Victoria (who reigned 1837-1901), Parliament hastily passed the Mines and Collieries Bill, which prohibited all underground work for women and girls, and for boys under 10.

Further legislation in 1850 introduced the appointment of mine inspectors, but over 1,000 lives were still being lost each year in mining accidents. Legislation in 1872 finally required pit managers to hold safety certifications.

There is no mention of coal mining in the Domesday Book of 1086 (although lead and iron mines are recorded) but coal was certainly being burned in Britain before we were first invaded by the Romans (55 BC under Julius Caesar). By the 13th century there are records of coal diggings at numerous locations, and the first recorded underground coal mine was beneath the Firth of Forth in 1575.

Coal production increased dramatically in the early 19th century as a result of the Industrial Revolution, and the mines were already important to the economy by the time Victoria came to the throne.

Coal production in the U.K. peaked in 1913 at 287 million tonnes from over 2,500 underground mines and almost 100 surface operations.

In that year, however, 1,753 miners were killed at work (including 439 in the Senghenydd disaster), and a staggering 178,000 were injured.

It is hardly surprising that on the outbreak of WWI the following year, almost one quarter of the 1.1 million mine workers enlisted for the army (and their bravery was reflected in the award of 50 Victoria Crosses).

By the end of World War Two in 1945 there were still almost

1,000 coal mines in the U.K., employing over 500,000 men and producing almost 180 million tonnes per year. However, over the next 50 years the industry suffered lower coal prices, competition from overseas producers and alternative power sources. By 1995 almost all of the U.K.’s coal operations had closed (including 115 mines shuttered by Margaret Thatcher between 1979 and 1990).

In 2015 the country’s last underground coal mine, Kellingley in North Yorkshire, was closed.

In the 30-year period between 1981 and 2011, coal production had slumped from 128 million tonnes to under 19 million tonnes, and output was just 1.7 million tonnes in 2020. Almost all of this current production is from surface operations, with just the 100,000tonne per year Aberpergwm mine near Neath in South Wales contributing significant underground coal. This drift mine received a licence to reopen two years ago, and extracts high quality anthracite for the nearby Port Talbot steel works.

Aberpergwm might now be joined in the U.K. by a second underground coal mine. Two years ago (for the third time), Cumbria County Council approved development of the country’s first new underground coal mine since Asfordby in 1986. Although the U.K. will cease all coal-fired electricity generation by October 2024, it is intended that the Woodhouse colliery, near Whitehaven in West Cumbria, will extract metallurgical coal to replace imports of coke.

Unfortunately, Cumbria County Council decided in February 2021 to return the planning application to their Development Control and Regulation Committee for re-determination. One month later the Secretary of State for Communities, Robert Jenrick, announced he was ‘calling in’ the planning application for review.

For the past year, Jenrick’s replacement, Michael Gove, has been faced with a tough decision.

Coal mining is deeply unpopular, and goes against the government’s own CO2 commitments. Nevertheless, boosting energy security and reducing the country’s dependence on Russia is crucial, and Cumbria is crying out for skilled, long-term, well-paid private-sector jobs.

The Prime Minister recently offered a clue to government thinking when, in response to a question in Parliament, he said, “it makes no sense to be importing coal, particularly for metallurgical purposes, when we have our own domestic resources.” Alleluia. TNM — Dr. Chris Hinde is a mining engineer and the director of Pick and Pen Ltd., a U.K.-based consulting firm he set up in 2018 specializing in mining industry trends. He previously worked for S&P Global Market Intelligence’s Metals and Mining division.

COMPANY INDEX Agnico Eagle Mines.....................................7, 12 Argonaut Gold.................................................... 3 Arizona Metals..................................................15 Artemis Gold......................................................12 Azimut Exploration............................................ 5 Barrick Gold....................................................7, 11 BHP ....................................................................... 1 Cameco.......................................................... 8, 14 Cleveland-Cliffs ................................................16 Denison Mines..................................................14 EnCore Energy .................................................15 Filo Mining .........................................................14 Fireweed Metals.............................................1, 6 First Quantum Minerals.................................... 8 Fission Uranium................................................15 Foran Mining......................................................15 Fortescue Metals Group................................... 1 Freeport-McMoRan..........................................14 IGO Ltd. ..............................................................16 IsoEnergy............................................................15 Ivanhoe Mines...................................................10 Kinross Gold......................................................10 Lundin Gold........................................................14

Lundin Mining....................................................10 Mont Royal Resources..................................... 5 New Found Gold..............................................12 Newmont..............................................................7 New Pacific Metals...........................................16 NexGen Energy.................................................14 NGEx Minerals...................................................15 Northern Star Resources.................................11 NovaGold Resources........................................11 Nutrien...................................................................7 Orford Mining ...................................................16 Osisko Development .......................................11 Osisko Mining.....................................................11 Rio Tinto............................................................... 5 Rupert Resources.............................................12 Seabridge Gold..................................................11 Sabina Gold & Silver........................................16 Skeena Resources...........................................16 Solaris Resources Inc......................................14 Star Diamond...................................................... 5 Teck Resources........................................6, 8, 14 Turquoise Hill Resources................................10 Western Copper and Gold.............................. 5

GLOBAL MINING NEWS

THE NORTHERN MINER / JULY 11 — 24, 2022

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Western Copper feasibility on Casino outlines $2.3B after-tax NPV, $3.6B capex YUKON

| Study shows deposit among ‘few long-life copper-gold projects’ in territory

BY JACKSON CHEN

W

estern Copper and Gold (TSX: WRN; NYSE: WRN) has shared a new feasibility study for its flagship Casino deposit located 300 km northwest of Whitehorse, Yukon.

The project is being developed as an open pit mine, with a concentrator processing 120,000 tonnes per day to recover copper, gold, molybdenum and silver, as well as a 25,000-tonneper-day oxide heap leach facility to recover gold, silver and copper.

The feasibility study, released on June 28, incorporates an updated mineral resource and reserve estimate as well as results of a preliminary economic assessment published in June 2021.

The study looks at the economics of a project that would process 1.4 billion tonnes of reserves (1.2 billion tonnes grading 0.22 gram gold per tonne, 0.19% copper and 0.02% molybdenum for milling, and 210 million tonnes grading 0.26 gram gold, 1.9 grams silver and 0.04% copper for heap leaching), with deposition of mill tailings and mine waste in the tailings management facility.

Over a 27-year project life (in the case of heap leach, 24 years), annual production would reach 163 million lb. copper, 211,000 oz. gold,

An aerial view of the Casino copper-gold project in the Yukon. CATHIE ARCHBOULD

1.3 million oz. silver, and 15.1 million lb. molybdenum. The base case scenario assumes metals prices of US$3.60 per lb. copper, US$1,700

per oz. gold, US$22 per oz. silver and US$14 per lb. molybdenum.

At the base-case metals prices, Casino’s after-tax net present

value, at an 8% discount rate, comes to $2.3 billion, with an internal rate of return of 18.1%.

After-tax cash flow generated

Azimut makes new nickel-copper discovery at Wapatik project in Quebec EXPLORATION

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Rio Tinto eyes ‘potential exit’ from Star-Orion JV with Star Diamond

| Initial hole hits 3.3 metres at 2.68% nickel and 1.3% copper

| Major puts Saskatchewan project on care and maintenance

DIAMONDS

BY NAIMUL KARIM

zimut Exploration (TSXV: AZM; US-OT: AZMTF) has made a new nickel-copper sulphide discovery during its initial diamond drilling program at the Wapatik project in Quebec.

Highlights from the discovery hole WAP22-003 included 3.3 metres grading 2.68% nickel and 1.3% copper starting from 143.4 metres. A six-hole follow-up program, totalling about 1,000 metres, is currently underway to further test the discovery.

“This initial drilling interval is one of the best nickel-copper results recorded in the James Bay region based on public data (SIGEOM),” Azimut said in a press release. “It strongly supports Azimut’s view that the region is underexplored for nickel-copper deposits despite its favourable geological context.”

Located in the Eeyou Istchee James Bay region, Wapatik is a 25-km-long land package that largely covers the lower Eastmain greenstone belt in the geological La Grande Subprovince of Archean age.

It is under option to Quebecfocused Mont Royal Resources (ASX: MRZ). The Australia-based explorer can acquire an initial 50% interest in the project by spending $4 million on exploration over four years and earn another 20% by investing $3 million and delivering a preliminary economic assessment. Azimut is the operator.

by the project totals $10 billion, including $951 million per year over the first four years.

The project’s initial capital investment is estimated at $3.6 billion, taking the payback period to 3.3 years.

“The results from the feasibility study confirm the project’s robustness and ability to withstand inflationary pressures,” said Paul West-Sells, president and CEO of Western Copper. “This study reaffirms Casino as one of the very few long-life copper-gold projects with robust economics in a top mining district, the Yukon.”

The company has been working at the Casino project since acquiring the property in 2008. Permitting of the project, which encompasses the construction of a conventional open pit mine along with a mineral processing plant and heap leach facility, will require a review of its environmental and socio-economic impacts by the Yukon Environmental and Socio-economic Assessment Board.

Inclusive of reserves, Casino hosts 2.4 billion tonnes of measured and indicated resources (both mill and heap leach) at 0.14% copper, 0.19 gram gold per tonne and 1.5 grams silver for 7.6 billion lb. copper, 14.5 million oz. gold and 113.5 million oz. silver. TNM

S

Azimut Exploration’s James Bay nickel project in Quebec. AZIMUT EXPLORATION

The initial drilling program consisted of four holes covering 1,068 metres, designed to test conductors identified by an electromagnetic ground survey. Assays from the remaining three holes are pending.

Barry Allan, a mining analyst from Laurentian Bank Securities, described Azimut’s latest result as “very positive.”

“While just one hole, there is a strong indication of a new highgrade discovery of nickel and copper in James Bay,” Allan wrote in a

research note to clients.

“In late 2021, Azimut staked 57 projects in the James Bay region they felt were prospective for nickel mineralization. A nickel discovery at Wapatik should help encourage prospective JV partners to earn-in on these projects,” the analyst added.

At press time in Toronto, shares of Azimut were trading at $1 within a 52-week trading range of 98¢ and $2.49. The company has 81.9 million shares outstanding. TNM

BY NAIMUL KARIM

hares of Star Diamond (TSX: DIAM) fell by more than 50% on June 29, after the company announced that Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) had exercised its voting power to place the Star-Orion South diamond project on care and maintenance until the end of the year.

Star Diamond holds a 25% interest in certain Fort à la Corne kimberlites, including the StarOrion South project, through a joint venture with Rio Tinto. The project is located in central Saskatchewan.

“Rio Tinto has advised that, subject to fulfilling its existing obligations, it does not intend to commit additional capital to the project during 2022 beyond what is necessary for care and maintenance,” Star said in a press release on June 28.

“Rio Tinto also advised Star Diamond… that (it) intends to conduct a near-term review of its alternatives regarding the project, including its potential exit,” it added.

The company didn’t provide a reason behind Rio Tinto’s decision but said that it was disappointed and that it would work with Rio Tinto in “assessing alternatives.”

A 2018 preliminary economic

assessment estimated that 66 million carats of diamonds could be recovered over a 38-year mine life at the project, located about 60 km east of the city of Prince Albert.

Its net present value (at a 7% discount rate) was estimated at $2 billion after tax, with an internal rate of return of 19%. The study pegged the project’s capex at $1.4 billion and its after-tax payback period at 3.4 years after diamond production begins.

The two companies were involved in a dispute in 2021 over exploration spending and development of the project under a 2017 earn-in agreement. The companies came to an agreement in a new deal signed last December.

Under the arrangement, Rio Tinto agreed to take responsibility for all expenditures of the project between Nov. 9 and Dec. 31, 2021, which amounted to about $77.4 million. Rio Tinto will also have to incur all expenditures from Jan. 1, 2022 until the completion of a feasibility study.

As a result of the deal’s new conditions, Star Diamond’s interest in the project was reduced from 40% to 25%.

At press time, Star Diamond shares traded at 15¢ within a 52-week trading range of 8¢ and 49¢. The company has 473.7 million shares outstanding. TNM

6

JULY 11 — 24, 2022 / THE NORTHERN MINER

WWW.NORTHERNMINER.COM

FIREWEED from 1

continue to delineate more mineralization at Macmillan Pass.

Fireweed has recently mobilized field crews to Macmillan Pass to support a four-rig, 8,000-metre diamond drilling campaign.

The program is the most ambitious to date and will also entail core scanning and a muon tomography survey.

According to Macdonald, the program is designed to step out and infill at Boundary zone and Boundary West, with the remaining metres split between Tom and Jason targeting high-grade stepout and infill holes.

All 2022 core, plus core from previous programs and historical core will be scanned using advanced hyperspectral scanning technology.

Jack Milton, the chief geologist at the Macmillan Pass project, said muon detectors would be deployed at Boundary West to effectively target stepouts and help define the geometry of the recently discovered zones of massive and high-grade laminated sulphide.

The Boundary zone remains open in every direction. The 2022 program has been designed step out around the peripheries of Boundary Main and Boundary West, in addition to testing a potential connection between the two zones.

“The stepouts will include testing potential down-dip continuation of the recently discovered highgrade stratiform mineralization at Boundary West and additional massive sulphides in the near-surface area,” Macdonald said.

Three rigs will remain at Boundary Zone, where Fireweed anticipates drilling about 5,800 metres.

The fourth rig will drill Tom West, Tom North, Jason Main, and

Jack Milton, the chief geologist at the Macmillan Pass project is excited about being back in the field this summer. HENRY LAZENBY

Jason South, targeting about 2,300 metres between these four large zinc-lead-silver deposits. The holes at Tom West will provide infill data within high-grade zones where the current mineral resource is supported by small-diameter historical diamond drill holes with a feeble recovery in the higher-grade portions of the holes.

Fireweed sees the potential to increase zinc, lead, and silver grades in these areas by drilling

large diameter HQ holes using triple-split tubes to improve recovery, as demonstrated in previous drill programs.

“By the end of the 2022 campaign, Fireweed will have four seasons worth of new drill data that will be used to inform a new global mineral resource. It will include an inaugural resource for the Boundary Main, Boundary West, End Zone and Tom North zones, and an updated resource for Tom West,

Tom East, Tom Southeast, Jason Main and Jason South zones,” Macdonald said.

A preliminary economic assessment (PEA) of the project’s Tom and Jason deposits released in May 2018 delivered an after-tax net present value of $448 million and a 24% internal rate of return.

Already robust economics The early-stage study outlines an 18-year mine life, at least three as

holder of 800 sq. km of claims in the Ring of Fire, at $616.9 million.

WYLOO from 1

Noront’s Ring of Fire claims was the exploration potential.

“We love the existing mines, but we thought, wow, these guys have just scratched the surface of the exploration potential here,” said Giacovazzi in an exclusive interview at the Prospectors and Developers Association of Canada conference in mid-June.

“Exploration-wise, the Ring of Fire must be one of the most exciting packages of ultramafic rocks in a mining friendly jurisdiction.”

Eagle’s Nest, the subject of a 2012 feasibility study that projected an 11-year mine life, is well understood and advanced, hosting proven and probable reserves of 11.1 million tonnes grading 1.68% nickel, 0.87% copper, 0.87 gram platinum per tonne, 3.09 grams palladium and 0.18 gram gold.

But Wyloo thinks it could have a similar deposit in Blue Jay. The deposit is already known to start at the surface. Deep drilling at Blue Jay will indicate its actual size — and whether, like Eagle’s Nest, it’s a narrow, near-vertical continuous magmatic massive sulphide body that could be mined with a minimal surface footprint.

The company should reach its target depths of more than 1,000 metres in late June or early July.

“We didn’t monkey around,” Giacovazzi says. “We drilled 1,200 metres underneath it and we think that the orebody extends that low.”

Now that the Esker camp is reopened, Wyloo intends to keep it open year-round. Other drill permits are in progress, and while longer-term the company is interested in the chromite deposits it now also holds, its first priority is nickel.

“For now, the nickel’s the main focus for us. I think we need to show everyone what a world class mine

an open-pit operation. Starter pits on the Tom West and Jason Main zones lower upfront capital, and the initial capex total of $404 million could be paid back, after tax, in four years.

Over the mine life, an estimated 32.7 million tonnes of mineralization would be mined. At an average processing rate of 4,900 tonnes per day, the project would produce a yearly average of 85,000 tonnes zinc, 48,000 tonnes lead and 2 million oz. silver.

The base case in the PEA employs a zinc price of US$1.21 per lb., a lead price of US98¢ per lb. and a silver price of US$16.80 per ounce. Altogether the Tom and Jason deposits contain 1.6 billion lb. zinc, 610 million lb. lead and 7.7 million oz. silver in the indicated category in 11.2 million tonnes grading 6.59% zinc, 2.48% lead and 21.33 grams silver per tonne. Another 5 billion lb. zinc, 2.7 billion lb. lead and 48.4 million oz. silver lie in the inferred category in 39.5 million tonnes grading 5.84% zinc, 3.14% lead and 38.15 grams silver.

Macdonald believes Fireweed is becoming an increasingly appetizing acquisition candidate for a sizeable base metals company. In recent quarters, diversified Canadian miner Teck Resources (TSX: TECK.B; NYSE: TECK) took a 9% stake in the company.

Macdonald said anecdotal evidence pointed to similarities between Macmillan Pass ore and Teck’s Red Dog mine in Alaska.

This combination could potentially offer the company at least some financial and operating savings.

At press time, Fireweed Zinc shares last traded at 60¢ apiece, trending 20% lower over the past 12 months. It has a market capitalization of $55 million. TNM

Above: Aerial view of the Esker camp in Ontario’s Ring of Fire. WYLOO METALS Left: Esker site opening in June, with (standing, left to right): Casimir Meshake, Bill Johnson and Tyrese Whitehead, and (kneeling): Tristan Megan, Merle Jacob, and Clyde Moonias. WYLOO METALS

looks like before we start to think about the chrome. But the chrome ore bodies are there. They’re the best in the Western Hemisphere, it’s a critical mineral. It’s something

that the U.S. and Canada don’t have a secure supply of.”

Wyloo made its initial investment in Noront in late 2020, buying out private equity Resource

Capital Funds’ 22.5% holding and 1% net smelter return royalty. It also issued a US$15-million debenture to Noront that was later converted to shares — giving Wyloo a 37.4% stake in the junior — and a leg up on BHP. “We bought 40% of Noront for $28 million... So it was a lot easier to beat BHP because we had such a low entry cost,” the Wyloo CEO says.

Giacovazzi, who has a background in investment banking, says he has “heaps of respect for BHP,” who “saw the same potential that we did.”

In the end, Wyloo paid $1.10 in cash for each share it didn’t already own, in a deal that valued Noront,

Ontario opportunity to be ‘world leaders’ Wyloo was formed only three years ago, and like other companies owned by the Forrest family, it has a clear purpose: “We want to mine metals that are actually going to have an industrial purpose. And a big focus for us was: can we play into the decarbonization story?”

Giacovazzi says.

“The electric vehicle thematic... it’s as big as like the next industrial revolution. It’s the biggest change in mobility and how we do things in energy that we’ve seen in the last 100 years,” he said.

“And I think your government is doing an awesome job positioning themselves to play into that ‘cause it’s really going to change everybody’s lives and you have an opportunity to be world leaders in producing very green minerals [that] are going [into] electric vehicles.”

Wyloo sees opportunity in Ontario that doesn’t exist in its homeland of Western Australia.

Not only does Ontario have the mineral endowment, but it also has a manufacturing base, clean energy, and access to the U.S. market, Giacovazzi notes. The provincial government has also announced a raft of investments this year to support the development of a homegrown battery supply chain, including in an EV battery plant being built by Stellantis in Windsor.

“You’re a country that is rich in these [green] minerals, but you’re a country that also has very clean energy, which is a huge privilege, and you have a huge end market, so you’ve got the trifecta,” he said. “As an Ontarian, you should be really See WYLOO / 16

SPECIAL FOCUS

CANADA’S

TOP TEN Canada’s Top Ten miners by market cap

BY CARL A. WILLIAMS

Nutrien’s Cory potash mine in Saskatchewan. NUTRIEN

Canada contains vast mineral resources and is considered a tier one mining jurisdiction with a skilled workforce and robust regulatory environment. Canadian mining companies are leaders in the exploration and production of a range of essential metals, including uranium, zinc, nickel, gold, copper, silver and lead. The following list presents the top ten Canadianheadquartered mining companies, ranked according to market capitalization as of May 30, and compiled by our sister company Mining Intelligence.

1 | NUTRIEN Market cap: $67.8 billion Nutrien (TSX: NTR; NYSE: NTR) moves to the top spot this year after placing second in 2021.

The Saskatoon-headquartered company is the world’s largest provider of crop inputs and services, producing and distributing over 27 million tonnes of potash, nitrogen, and phosphate products annually for agricultural, industrial, and feed customers worldwide. It services over 500,000 grower accounts through its agriculture retail network.

In response to structural changes in global energy, agriculture, and fertilizer markets, Nutrien recently announced plans to increase its fertilizer production capacity.

The company is also accelerating the ramp up of potash production capability to 18 million tonnes per year by 2025 in response to uncertainty around supplies from Eastern Europe. This represents an increase of more than 5 million tonnes, or 40%, compared to 2020 production.

To boost production, Nutrien says it will hire and train approximately 350 people and invest in underground mining equipment, mine development, storage, and loadout capacity. It is also evaluating additional low-cost brownfield expansion opportunities beyond 18 million tonnes at its mines in Saskatchewan.

Nutrien is looking to enhance its nitrogen portfolio by advancing previously announced brownfield expansion projects, which are expected to add about 500,000

Employees at Lundin Mining’s Eagle high-grade nickel and copper mine located in Marquette County, in Michigan’s Upper Peninsula. LUNDIN MINING

tonnes of capacity by the end of 2025. It is evaluating the potential for additional low-cost brownfield expansion projects, with a final investment decision expected over the next 12 months, the company said in June.

Through the completion of inflight brownfield projects and additional growth projects under evaluation, Nutrien says that annual nitrogen sales volumes could increase to approximately 13.5 million tonnes per year by 2027.

This year, the company plans to repurchase an additional $2 billion worth of shares, for a total of approximately $4 billion of repurchases, and is expected to increase its total return on capital to shareholders through dividends and share repurchases to about $5 billion.

2 | BARRICK GOLD Market cap: $46.6 billion Barrick Gold (TSX: ABX; NYSE: GOLD) drops to second place this year after occupying the top spot for the preceding two years.

Headquartered in Toronto, Barrick is a leading producer of gold and copper and has assets in many of the world’s most prolific gold districts. It holds a portfolio of operating mines and projects spanning four continents and 18 countries in North and South America, Africa, Papua New Guinea and Saudi Arabia.

In 2021, the company produced 4.4 million attributable oz. gold, with its Nevada Gold Mines operation, the single largest gold

mining complex in the world, contributing nearly half of total production at 2 million ounces.

Owned 61.5% by Barrick and 38.5% by Newmont (TSX: NGT; NYSE: NEM), the mining complex comprises three of Barrick’s tier-one assets — Carlin, Cortez, and Turquoise Ridge — along with the Phoenix and Long Canyon open pit mines.

In 2022, the complex is expected to produce 1.9-2.1 million attributable gold ounces in 2022.

Barrick also aims to save an estimated 104,000 tonnes of carbon dioxide equivalent emissions at the Nevada Gold Mines JV by replacing the last of its coal-fired powered stations with natural gas.

The first 100 megawatt phase of the program is expected to save approximately 52,000 tonnes of CO2 equivalent per year, it says.

The company has set 2022 production guidance at 4.2 to 4.6 million oz. of gold and 420 to 470 million lb. of copper.

3 | AGNICO EAGLE MINES Market cap: $31.3 billion Agnico Eagle Mines (TSX: AEM; NYSE: AEM) is a precious metals producer with operations in Australia, Canada, Finland, and Mexico and a pipeline of high-quality exploration and development projects in those countries as well as in Colombia and the United States.

The company stayed in third spot again this year, despite comSee TOP 10 / 8

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pleting a $13.5-billion all-share merger with Kirkland Lake Gold in February.

In April, the Toronto-headquartered miner released first-quarter results for 2022. Highlights included payable gold production of 660,604 oz. at production costs of US$1,002 per oz., total cash costs of US$811 per oz., and all-in sustaining costs (AISC) of US$1,079 per ounce.

The company said the results include full quarter production figures from its mines, including 52 days of production from the Detour Lake, Macassa, and Fosterville mines following the Kirkland Lake merger.

When full quarter production from these mines is included, total payable gold production for the quarter increases to 806,329 oz., with total cash costs approximately in line with this year’s mid-point guidance announced in February.

Agnico says gold production, costs, and capital expenditure guidance for 2022 remain unchanged, with about 3.2 to 3.4 million oz. of expected production at total cash costs of US$725-775 per oz. and AISC of US$1,0001,050 per ounce.

Commenting in an Apr. 28 press release, Ammar Al-Joundi, Agnico Eagle’s president and chief executive, said, “Supported by strong metal prices, the first quarter generated solid operating cash flow which allowed the company to continue to deliver on shareholder returns while paying down debt, and investing in our operations and pipeline projects.”

4 | TECK RESOURCES Market cap: $30.1 billion Teck Resources (TSXV: TECK.B; NYSE: TECK) is a diversified resource company focused on steelmaking coal, copper, zinc, and energy. It owns or has interests in 10 operating mines, a large metallurgical complex, and several major development projects in the Americas.

Last year, the Vancouver-head-

Agnico Eagle’s Kittila mine in Finland. AGNICO EAGLE MINES

quartered company generated record revenues of $13.5 billion, an increase of 1.5 times from 2020, with 47% of the revenue attributed to steelmaking coal, 26% to zinc, 23% copper, and 4% energy. It said the figures were based on a fiveyear average.

Teck reported cash flow from its operations of $4.7 billion, record adjusted EBITDA of $6.6 billion, and $2.9 billion in profit attributable to shareholders, or $5.39 per share.

In February, the company declared a 62.5¢ per share dividend, increased its annual base dividend to 50¢ per share, and authorized up to $100 million of share buybacks.

Due to higher average copper prices of US$4.27 per lb. over 2021, Teck said that its copper business unit’s gross profit more than doubled over the previous year to $1.7 billion. Supported by an average zinc price of US$1.39 per lb.,

45 offices worldwide and a global network of affiliates.

No matter where you are in the world, chances are we’ve got your project covered.

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its zinc business increased gross profit by 32% compared with 2020.

Based on metallurgical coal prices of US$209 per tonne, its steelmaking coal business increased gross profits to $2.5 billion.

5 | FIRST QUANTUM MINERALS Market cap: $25.1 billion First Quantum Minerals (TSX: FM) makes it into the top 10 for the first time in three years.

The company produces copper in concentrate, copper anode, copper cathode, nickel, gold, zinc, silver, acid, and pyrite. It operates eight producing mines and three development projects in nine countries spanning four continents, and is the world’s sixth largest copper producer.

First Quantum’s portfolio of assets includes high-quality, lowRank 2022

cost copper mines including Kansanshi in Zambia and Cobre Panama in Panama, which started producing in 2019. It has significant additional copper and nickel projects in Africa and Australia that produce gold, zinc, and cobalt as byproducts.

In 2021, the company reported record annual copper production of 816,435 tonnes, which it said was attributable to record-breaking production at Cobre Panama and the resilience of its other operations.

Combined with higher metal prices, this led to its best financial performance to date, it said, with sales revenues of $7.2 billion, gross profits of $2.6 billion, operating cash flow of $2.9 billion, EBITDA of $3.7 billion, and a reduction in net debt of $1.4 billion.

First Quantum’s updated 2022

production guidance (on a 100% basis) stands at 790,000 to 855,000 tonnes of copper, 285,000 to –310,000 oz. of gold, and 25,000 to 30,000 tonnes of zinc. Cobre Panama is expected to produce 330,000 to 360,000 tonnes of copper and Kansanshi 175,000 to 195,000 tonnes. All-in sustaining costs (AISC) are expected to be US$2.15 to –US$2.30 per lb. for copper and US$7.50 to –US$8.50 per lb. for nickel.

6 | CAMECO Market cap: $12.8 billion Cameco (TSX: CCO; NYSE: CCJ) jumped to sixth position this year after placing ninth in 2021.

A pure-play nuclear fuel company and one of the world’s largest uranium producers, Cameco See TOP 10 / 10

Company

Symbol

Market Cap (CAD)

Primary Commodity

1

Nutrien

TSX: NTR

67,774,365,170

Potash

2

Barrick Gold

TSX: ABX

46,582,886,549

Gold

3

Agnico Eagle

TSX: AEM

31,274,625,388

Gold

4

Teck Resources

TSX: TECK.B

30,101,526,000

Diversified

5

First Quantum Minerals

TSX: FM

25,139,379,357

Copper

6

Cameco

TSX: CCO

12,781,682,999

Uranium

7

Ivanhoe Mines

TSX: IVN

12,036,170,740

Copper

8

Lundin Mining

TSX: LUN

8,154,310,228

Copper-gold

9

Kinross Gold

TSX: K

7,204,686,750

Gold

10

Turquoise Hill Resources

TSX: TRQ

7,149,753,276

Copper-gold

11

Yamana Gold

TSX: YRI

6,323,518,713

Gold

12

Pan American Silver

TSX: PAAS

6,080,117,868

Silver

13

B2Gold

TSX: BTO

5,429,555,172

Gold

14

SSR Mining

TSX: SSRM

5,337,232,010

Gold-silver

15

Alamos Gold

TSX: AGI

3,772,409,397

Gold

16

Centerra Gold

TSX: CG

3,047,884,335

Gold

17

NexGen Energy

TSX: NXE

2,971,029,045

Uranium

18

Filo Mining

TSX-V: FIL

2,882,976,051

Copper-gold

19

First Majestic Silver

TSX: FR

2,777,341,027

Silver

20

Lundin Gold

TSX: LUG

2,445,632,534

Gold

21

Novagold Resources

TSX: NG

2,445,203,024

Gold

21

Equinox Gold

TSX: EQX

2,284,040,498

Gold

22

Capstone Copper

TSX: CS

2,021,928,716

Copper

23

K92 Mining

TSX-V KNT

1,993,517,932

Gold

24

Hudbay Minerals

TSX: HBM

1,937,435,813

Copper

25

Eldorado Gold

TSX: ELD

1,921,831,891

Gold

26

Mag Silver

TSX: MAG

1,850,554,624

Silver

27

Wesdome Gold Mines

TSX: WDO

1,692,520,875

Gold

28

China Gold International

TSX: CGG

1,613,403,975

Gold

29

Dundee Precious Metals

TSX: DPM

1,497,070,184

Gold

TSX: SEA

1,450,777,161

Gold

30 Seabridge Gold

GLOBAL MINING NEWS

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THE NORTHERN MINER / JULY 11 — 24, 2022

TSX.V: AMC OTCQX:AZMCF

UNEARTHING A WORLD CLASS COPPER-GOLDZINC-SILVER DEPOSIT IN ARIZONA

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10

JULY 11 — 24, 2022 / THE NORTHERN MINER

TOP 10 from 9

has operations and investments across three continents that span the entire nuclear fuel cycle from exploration to fuel manufacturing.

Its uranium operations include its 54.5%-owned Cigar Lake mine in northern Saskatchewan; Inkai in Kazakhstan; and several suspended assets in Saskatchewan and the United States.

Earlier this year, the company announced a planned restart of its 70%-owned McArthur River mine and 83%-owned Key Lake mill, which have been on care and maintenance since mid2018. As the uranium market has improved, Cameco plans to move from producing at only 25% of its capacity in 2021 to 60% of capacity in 2024.

At the end of 2021, Cameco held proven reserves (on a 100% basis) of 264.5 million tonnes of uranium octoxide (U3O8) containing 651.5 million lb. of U3O8 and probable reserves of 81.2 million tonnes containing 176.8 million lb. of U3O8.

Mineral resources (on a 100% basis) stand at 121.1 million indicated tonnes containing 179.4 million lb. of U3O8 and inferred resources of 113.5 million tonnes containing 406.4 million lb. of U3O8.

Last year, the company produced 6.1 million lb. of U3O8 generated revenues of $1.5 billion, and earned gross profits of $2 billion.

Planned production for 2022 is estimated at 11 million lb. of U3O8.

Through its fuel services division, Cameco also owns the Blind River refinery in Ontario, the world’s largest uranium refinery; the Port Hope & Cobourg fuel manufacturing facility, one of only four commercial suppliers in the western world of uranium hexafluoride, also in Ontario; and Cameco Fuel Manufacturing Inc., the largest Canada-based supplier of components for CANDU reactors.

7 | IVANHOE MINES Market cap: $12 billion Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has a portfolio of copper, zinc, gold, silver, and platinum group metals projects in Southern Africa.

The company is focused on developing and expanding four mining and exploration projects — the Kamoa-Kakula copper mining complex in the Democratic Republic of the Congo (DRC); the Platreef palladium-rhodium-plat-

WWW.NORTHERNMINER.COM

The conveyor at Kinross Gold’s Fort Knox open pit gold mine in Alaska. KINROSS GOLD

inum-nickel-copper-gold discovery in South Africa; the historic Kipushi zinc-copper-germanium-silver mine, also in the DRC; and exploration of the Western Foreland, near Kamoa-Kakula.

Ivanhoe reported record monthly production for May of 29,800 tonnes of copper in concentrate from its Kamoa mine.

That same month, Kamoa-Kakula milled 660,000 tonnes of ore at an average feed grade of 5.5% copper.

The company said the record production at Kamoa was achieved despite two days of planned interruptions for scheduled maintenance on the Phase 1 plant, which included relining of the primary ball mill and commissioning of a third Larox filter press.

The work, it said, enhanced ore throughput rates for the Phase 1 and Phase 2 plants, which now have a combined annualized processing rate of approximately 8 million tonnes.

The first ore was introduced to the 3.8-million-tonne-per-year second phase plant in March, with the first commercial copper concentrate produced in April, four months ahead of schedule. The second phase plant, it noted, is now operating at similar throughputs and recoveries to the first phase plant.

100% ownership of KSM, the world’s largest undeveloped gold and copper project TSX: SEA NYSE:SA www.seabridgegold.com

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info@seabridgegold.com

Underground at the Oyu Tolgoi copper-gold project in Mongolia. TURQUOISE HILL RESOURCES

8 | LUNDIN MINING Market cap: $8.2 billion Lundin Mining (TSX: LUN) is a diversified base metals mining company with a portfolio of operations and projects in six countries spanning three continents.

The company primarily produces copper, zinc, gold, and nickel.

Lundin’s producing mines include its flagship Candelaria copper mining complex, a copper-gold-silver underground and open pit mining operation in Chile; the Chapada copper-gold open pit mine in Brazil; the NevesCorvo copper-zinc-lead underground mine in Portugal; the Zinkgruvan zinc-lead-copper-silver underground mine in Sweden; and the Eagle nickel-copper-platinum group metals underground mine in the U.S. In April, the company acquired Josemaria Resources and with it, the Josemaria copper-gold-silver project in Argentina’s San Juan Province, approximately 9 km east of the border with Chile.

Lundin says it intends to develop Josemaria as a large-scale open pit mine, and expects to mine over 1 billion tonnes of ore at average diluted head grades of approximately 0.3% copper and 0.22 gram gold per tonne over a 19-year mine life.

In 2021, the company produced 262,884 tonnes of copper (on a 100% basis), 143,797 attributed tonnes of zinc, 167,000 oz. of gold (on a 100% basis), and 18,353 attributed tonnes of nickel.

Lundin set its 2022 production guidance at 258,000 to 282,000 tonnes of copper, 188,000 to 203,000 tonnes of zinc, 153,000 to 163,000 oz. of gold, and 15,000 to 18,000 tonnes of nickel.

9 | KINROSS GOLD Market cap: $7.2 billion Kinross Gold (TSX: K; NYSE: KGC) holds a diverse portfolio of gold mines and projects in the Americas and West Africa.

In mid-June, Kinross completed the sale of all of its Russian assets to the Highland Gold Mining group of companies.

Following a review by Russia’s Sub-commission on the Control of Foreign Investments, Kinross will now receive only half of the US$680 million in proceeds agreed in April. To date, the company has received US$300 million and will receive a deferred payment of US$40 million on the one-year anniversary of the deal’s closing.

Kinross is now focused on its assets in the Americas, which account for approximately 70% of total gold production, and includes two Tier 1 assets — Paracatu in Brazil and Fort Knox in Alaska.

In 2021, the company produced 2.1 million attributable gold-equivalent oz. at attributable all-in sustaining costs (AISC) of US$1,138 per gold-equivalent oz. for a capital expenditure of US$939 million.

Kinross reported net earnings for 2021 of US$221.2 million, compared with US$1.3 billion the previous year. It said that the drop in net earnings was mainly a result of the temporary suspension of milling operations at its Tasiast mine in Mauritania and the deferred mining activity at Round Mountain in the U.S. In 2022, the company expects to increase production by 28% year-over-year to 2.7 million gold-equivalent oz., with a further increase to 2.8 million gold-equiv-

alent oz. in 2023. It’s also planning to deliver a first resource for the high-grade Great Bear gold project in Ontario that it acquired for $1.8 billion in February.

10 | TURQUOISE HILL RESOURCES Market cap: $7.1 billion Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) makes the top ten list for the first time.

The Montreal-headquartered miner is focused on operating and developing the Oyu Tolgoi copper-gold mine in southern Mongolia. The mine is 66% held by Turquoise Hill, with the remaining 34% held by Mongolian stateowned Erdenes Oyu Tolgoi LLC. Turquoise Hill reported first quarter 2022 production from Oyu Tolgoi of 30,300 tonnes of copper in concentrate, a decrease of 33% from the same period last year, and 59,000 oz. of gold in concentrate, a decline of 60% from the first quarter of 2021 and a 25% reduction compared with the fourth quarter of 2021.

The company said the reduced production from the last quarter of 2021 was due to lower mill throughput, which at 9.6 million tonnes was 9% lower than the first quarter of 2022 and 2% lower than the first quarter in 2021.

The reduction, it said, was in line with expectations due to planned maintenance and lower copper and gold head grades.

While Turquoise Hill has maintained 2022 copper production guidance at 110,000 to 150,000 tonnes, it has revised gold production from 115,000 to 165,000 oz. to 135,000 to 165,000 oz. and is trending toward the higher end of the range, it said. TNM

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THE NORTHERN MINER / JULY 11 — 24, 2022

11

Canada’s Top Ten precious metals juniors

BY NORTHERN MINER STAFF

The following companies are the top ten Canadianheadquartered precious metal juniors that are developing projects but are not yet in production, ranked according to market capitalization as of June 7 and compiled

by Mining Intelligence.

Royalty and streaming companies are not included in this list.

1 | NOVAGOLD RESOURCES Market cap: $2.1 billion NovaGold Resources (TSX: NG; NYSE-AM: NG) holds a 50% stake in the huge Donlin Creek gold deposit, 450 km northwest of Anchorage, Alaska, along with 50% partner Barrick Gold (TSX: ABX; NYSE: GOLD).

Last December, the partners announced they are working to update the feasibility study project before the end of 2022. It will be the first update since a 2009 feasibility study pegged capital costs at US$4.5 billion.

The project, one of the highest-grade known open-pit gold deposits in the world, currently has a measured and indicated resource of 541 million tonnes grading 2.24 grams gold per tonne for 39 million oz. of contained gold. Inferred resources stand at 92 million tonnes grading 2.02 grams gold per tonne for 6 million ounces.

The resources are contained in the ACMA and Lewis pits, which occupy 3 km of an 8-km-long mineralized belt.

The partners have budgeted a total of US$60 million for work on Donlin Creek this year — the largest project budget in more than a decade. The work includes engineering activities for use in the upcoming study and 34,000 metres of in-pit and below-pit drilling, to be incorporated into updated geologic modelling and interpretation. The budget will also support field work, permitting work for the Alaska Dam Safety Certifications, and environmental studies.

This year’s program builds on a 79-hole, 24,264-metre drill campaign conducted last year that yielded multiple high-grade gold intercepts and which has better defined controls and mineralization.

Highlights from drill results released in February included: 19 metres of 18.23 grams gold per tonne starting at 144.5 metres depth, including 14.3 metres of 23.49 g/t gold in hole DC212017; and 77.6 metres grading 3.51 grams gold starting at 262.6 metres, including 7.9 metres of 12.39 grams gold in hole DC211994.

2 | SEABRIDGE GOLD Market cap: $1.3 billion Seabridge Gold (TSX: SEA; NYSE: SEA) has a 100% interest in the giant KSM deposit in B.C. In late June, Seabridge released an updated prefeasibility study for KSM that brought the East Mitchell deposit, acquired from Pretium

Skeena Resources’ Snip gold property in northwest Bristish Columbia. SKEENA RESOURCES

Resources in 2020, into the mine plan. The study built on an updated resource for KSM released in April that included East Mitchell (previously called Snowfield).

The prefeasibility study forecasts initial capital costs at US$6.4 billion – up from US$5 billion projected in a 2016 prefeasibility, primarily due to inflation. The open pit development would have a 33-year mine life, with an after-tax net present value (at 5% discount) of US$7.9 billion (up from US$1.5 billion in the previous study), with the internal rate of return doubling to 16.1% from 8%.

The study projects KSM would generate a total after-tax net cash flow of US$23.9 billion, up from US$10 billion previously, with a payback period of 3.7 years (down from 6.8 years).

Mill throughput has increased to 195,000 tonnes per day from 130,000 tonnes, with a projected annual production increase of 90% for gold, 22% for copper, 36% for silver and 363% for molybdenum.

The strip ratio has been reduced by 23% to approximately 1:1 and previous plans for block cave mining have been eliminated. The project would also lower greenhouse gas emissions by incorporating an electric haul fleet.

Other elements of the project are also falling into place: in March 2022, the company announced a $225-million financing deal with Sprott and Ontario Teachers Pension Plan to support the project until construction decision. That same month, Seabridge signed an agreement with BC Hydro to supply green power for KSM. Seabridge’s portfolio also includes several other gold deposits: the Courageous Lake, Iskut, Snowfield and 3 Aces in Canada, and Snowstorm in the United States.

3 | OSISKO MINING Market cap: $1.1 billion 354 Osisko Mining (TSX: OSK) is advancing its high-grade Windfall Lake gold project, located on the Abitibi greenstone belt, 200 km northeast of Val-d’Or, Que. The company expects to release a resource update followed by a feasibility study on the project, in the Eeyou Istchee James Bay region of Quebec, in the fourth quarter.

A preliminary economic assessment released in April 2021 outlined a $544-million, two-ramp underground mine that would produce an average of 238,000 gold oz. a year over an 18-year life.

The 3,100 tonne-per-day operation would produce an average of 300,000 oz. gold annually in its first seven years at all-in sustaining costs of US$610 per oz. The PEA pegged the after-tax net present value at $1.5 billion, using a 5% discount rate and US$1,500 per oz. gold, and its internal rate of return at 39.3%. Payback would be achieved in 2.2 years.

Measured and indicated resources at Windfall currently stand at 3.2 million oz. gold in 9.5 million tonnes grading 10.5 grams gold per tonne. Inferred resources add 3.6 million oz. in 13 million tonnes grading 8.6 grams gold.

The resource is hosted in four zones — Lynx, Underdog, Main and Triple 8. The company also discovered a new zone, Golden Bear, located about 1 km away from Windfall, last June.

Work this year is focused on detailed engineering for the mill and other project components as part of the feasibility study, as well as infill and exploration drilling from surface and underground.

A 5,000-tonne bulk sample is also under way, with another planned for later this year.

The company confirmed in Feb-

ruary that it would proceed with development of the project on its own, after plans to joint venture with Australia’s Northern Star Resources (ASX: NST) fell through.

Osisko controls 2,600 sq. km in the Urban Barry area and nearby Quévillon area of Quebec.

4 | OSISKO DEVELOPMENT Market cap: $383.2 million Osisko Development (TSXV: ODV; NYSE: ODV) released a preliminary economic assessment for its flagship Cariboo gold project in

central British Columbia, in May. The study projects the phased underground development will cost $121.5 million to get the first phase under way — producing 75,000 oz. annually for four years. Expansion capital of $716.1 million would bring the mine life to 12 years and production to 286,000 oz. per year.

According to the PEA, the project has an after-tax net present value at a 5% discount of $764 milSee TOP 10 PRECIOUS METALS / 12

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JULY 11 — 24, 2022 / THE NORTHERN MINER

SPECIAL FOCUS CANADA’S TOP TEN

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Employees at Novagold Resources and Barrick Gold’s Donlin copper-gold project located in the historic Kuskokwim Gold Belt of Southwest Alaska. NOVAGOLD RESOURCES

TOP 10 PRECIOUS METALS from 11

ects in James Bay in Quebec, and Guerrero state, Mexico.

lion, and an internal rate of return of 21.4%. The annual after-tax free cash flow is expected to be $112 million. A gold price of US$1,750 was used in the calculation of these amounts. The projected payback period is six years.

Measured and indicated resources at Cariboo total 27.1 million tonnes averaging 4 grams gold per tonne for a total of 3.3 million oz. The inferred resource is 14.4 million tonnes grading 3.5 grams gold for 1.6 million oz.

At the end of June, Osisko announced an initial resource for its San Antonio property in Sonora state, Mexico. The project, acquired in 2020, hosts 14.9 million indicated tonnes grading 1.2 grams gold per tonne and 2.9 grams silver for 576,000 oz. of gold and 1.4 million ounces of silver.

Inferred resources add 16.6 million tonnes grading 1 gram gold and 3.3 grams silver for 544,000 oz. of gold and 1.8 million oz. of silver.

The company also holds proj-

5 | NEW FOUND GOLD Market cap: $1.1 billion New Found Gold (TSXV: NFG; US-OTC: NFGFF) stays in the Top Ten this year, but slides to the No. 5 spot from No. 2. The junior continues to advance its 100%owned Queensway gold project, 15 km west of Gander, N.L. The 1,500-sq.-km project is located near the Trans-Canada Highway and the company is operating 12 drill rigs in a 400,000-metre drill program. New Found plans to increase its drill number to 14 as it targets more than 20 km of prospective strike along the regional-scale Appleton and JBP fault zones.

About 48% of the program has been completed.

Gander Lake divides the project into Queensway North and Queensway South.

At Queensway North, the company has since June 2021 discovered two new high-grade gold zones: Golden Joint and the newest Tuesday zone, as announced on

Rupert Resources’ Pahtavaara gold project in northern Finland. RUPERT RESOURCES

June 8. The Keats and Lotto zones at Queensway North were discovered in 2019 and 2020, respectively.

Drilling at the Tuesday zone intersected 2 metres of 89.5 grams gold per tonne from 55 metres below surface.

Other drill highlights this year include 14.2 metres of 69.2 grams gold per tonne starting at 300 metres at Golden Joint (announced on Mar. 24); and a near-surface intercept of 2.2 metres grading 275 grams gold from a vertical depth of 22 metres (announced on May 4).

And at Lotto, the main highgrade gold vein has been extended to a vertical depth of 225 metres with an intercept of 2.2 metres of 24.25 grams gold over a strike length of 200 metres, according to drill results in late March.

A maiden drill program is planned for Queensway South for this year.

6 | RUPERT RESOURCES Market cap: $976.8 million Entering the Top Ten for the first time, the Toronto-headquartered junior explorer Rupert Resources (TSXV: RUP) continues to advance exploration at its 100%-owned Rupert Lapland gold project in northern Finland, which it acquired in 2016.

The 595-sq.-km project is located within the Central Lapland Greenstone Belt, which has two significant gold mines: Agnico Eagle’s (TSX: AEM; NYSE: AEM)’s Kittilä mine — the largest gold mine in Europe which produced over 200,000 oz. of gold in

2020 — and Pahtavaara, which produced almost 450,000 oz. of gold over 16 years.

Pahtavaara is east of Rupert’s main Ikkari deposit, which has a combined open pit and underground inferred resource of 49 million tonnes at 2.5 grams gold per tonne for 4 million ounces.

More than 45,000 metres of drilling have been completed at Ikkari since its initial resource last September and it plans to conduct another 85,000 metres of drilling this year.

In its latest results, announced in early June, the company reported a near-surface high grade zone to the east of Ikkari returned 59 metres of 8 grams gold per tonne at a vertical depth of 116 metres.

And at central Ikkari, drilling revealed 24 metres of 6.3 grams gold from a depth of 206 metres.

At Pahtavaara, where work on a mineral resource estimate is under way, 93 holes for a total of 6,561.5 metres have been drilled since 2021 as part of an ongoing 10,000metre program.

In March, Agnico Eagle exercised warrants to acquire 11.5 million common shares in Rupert, with Agnico now holding 28.6 common shares or 15.1% of the company’s issued ordinary shares.

7 | ARTEMIS GOLD Market cap: $919.6 million Artemis Gold (TSXV: ARTG) continues to move toward production at its 100%-owned Blackwater gold project in central British Columbia.

According to a feasibility study

released last September, Blackwater is expected to produce 339,000 oz. gold per year at an all-in sustaining cash cost of $850 per oz. during its 22-year life. Progress of the open pit project, located 446 km northeast of Vancouver, moved forward during the spring, when Artemis awarded Sedgman Canada with a $312-million contract for the engineering, procurement, construction and commissioning (EPC) of the Blackwater processing plant. It is due to be executed by June 30, this year, with construction starting in the fall and the first gold pour expected in the first half of 2024.

Blackwater has proven and probable reserves of 334.3 million tonnes grading 0.75 gram gold per tonne and 5.8 grams silver per tonne for 8 million oz. of gold and 62.2 million oz. of silver.

The initial capital cost of the phased project is estimated at $645 million. Throughput in the first phase of production is planned at 6.6 million tonnes per year, with an output of 321,000 oz. gold per year in the first five years. Throughput will rise to 12.6 million tonnes per year in the second phase, with 381,000 oz. gold produced per year in years six to 10 at an expansion capital cost of $347 million. In years 11 to 17, throughput would rise to 20 million tonnes annually for production of 438,000 oz. gold per year following a capital investment of $374 million. Mining operations are expected to end in the See TOP 10 PRECIOUS METALS / 16

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Canada’s Top Ten base metals and uranium companies

BY NORTHERN MINER STAFF

The green energy revolution is driving unprecedented demand for sustainable sources of base metals and uranium which is increasingly seen as an acceptable form of baseload power generation.

Here’s a list of the top ten Canadianheadquartered base metal and uranium juniors with no production. The ranking is based on the companies’ market capitalization as of June 9, as compiled by Mining Intelligence.

1 | NEXGEN ENERGY Market cap: $3 billion NexGen Energy’s (TSX: NXE; NYSE: NXE) market cap has increased more than 10% from last year, pushing it from second to first place in this year’s top ten rankings. The exploration and development company’s valuation has been boosted as the spot price for uranium edged higher in March to pass US$58.20 per lb. and comes after several years in which uranium was trading in the US$25-30 per lb. price range.

The company is focused on developing uranium projects in the southwestern part of the Athabasca Basin of Saskatchewan and Alberta, one of the world’s leading sources of high-grade uranium oxide used in nuclear power reactors. NexGen holds just under 2,000 sq. km of land, which includes the largest development-stage uranium deposit in Canada, its 100%-owned Rook 1 project. It hosts the Arrow deposit and the South Arrow, Harpoon, Bow and Cannon discoveries.

NexGen released a feasibility study for Rook I in February 2021.

The study envisioned an underground mine and a mill with a mine life of 10.7 years. The Arrow deposit at Rook 1 has measured and indicated resources of 256.7 million lb. uranium oxide in 3.8 million tonnes grading 3.1% U3O8.

The initial capital costs for the project are pegged at $1.3 billion.

Following the successful completion of the Rook I feasibility study in 2021, NexGen has transitioned into the next stage of project development with the advancement of FEED, scheduled to be completed in the third quarter.

NexGen has reached a signifi-

cant milestone in the advancement of regulatory approvals for Rook I, with the submission of the project’s draft environmental impact statement. In June, the provincial and federal regulatory authorities, the Saskatchewan Ministry of Environment and the Canadian Nuclear Safety Commission confirmed the commencement of their respective EIS reviews.

2 | FILO MINING Market cap: $2.9 billion Filo Mining (TSXV: FIL) has seen its market cap soar, pushing it from fourth place on last year’s list to second this year. Part of the Lundin Group of companies, Filo’s key focus is its wholly-owned Filo del Sol copper-gold-silver deposit in South America, a high-sulphidation epithermal deposit associated with one or more large porphyry copper-gold systems.

The project comprises two properties that straddle the border between Argentina and Chile in the Andes Mountains. The Filo del Sol asset is in Argentina’s San Juan province, and the adjacent Tamberias asset is in the Atacama region of northern Chile’s Region III. Combined, the two properties span about 140 sq. km. The assets have indicated resources of 425 million tonnes grading 0.33% copper, 0.32 gram gold per tonne and 10.7 grams silver per tonne for 3.1 billion lb. copper, 4.4 million oz. gold, and 147 million oz. silver.

Most recently, the ongoing drilling at Filo del Sol resulted in the discovery of a new porphyry copper-gold centre along the Filo trend, about 2 km northeast of the Breccia 41 zone.

Drill hole FSDH060 was drilled to a final depth of 1,070 metres and

IsoEnergy’s 100%-owned Larocque East project located in the eastern Athabasca Basin of Saskatchewan.

intersected 738 metres at 0.39% copper, 0.14 gram gold per tonne and 1.4 grams silver from a depth of 332 metres. This hole is interpreted to have intersected a new porphyry centre, named the Bonita zone, along the Filo del Sol corridor, further confirming that the property hosts a multi-kilometre alignment of overlapping porphyry-centred hydrothermal systems.

3 | DENISON MINES Market Cap: 1.3 billion Denison Mines (TSX: DML; NYSE-AM: DNN) is focused on exploring and developing uranium projects in the Athabasca Basin and remains in third position this year.

Denison’s portfolio is concentrated in the eastern part of the Athabasca Basin and covers about 2,800 sq. km. The company’s flagship asset is its 90%-owned Wheeler River project, the largest undeveloped uranium project in that portion of the basin. The project hosts two high-grade deposits: Phoenix and Gryphon. Probable reserves at Phoenix are 59.7 million lb. U3O8 in 141,000 tonnes grading 19.1% U3O8, while Gryphon contains 49.7 million lb. U3O8 in1.26 million tonnes grading 1.8% U3O8.

Other assets include the McLean Lake deposit and mill, in which Denison retains a 22.5% interest.

The mill at McLean Lake processes ore from the Cigar Lake uranium mine operated by Cameco (TSX: CCO; NYSE: CCJ).

Earlier in June, Denison entered into a participation and funding agreement with Kineepik Métis

Local #9 (KML) to express their mutual commitment to the co-development and advancement of the in situ recovery (ISR) uranium mining operation proposed at the company’s flagship Wheeler River project.

KML represents the Métis rights holders who live and practice traditional activities in the vicinity of the project and the municipality of the Village of Pinehouse, which is located 225 km south of the Key Lake mill.

The project is 95% owned by Denison, with JCU (Canada) Exploration holding the remaining 5%.

A prefeasibility study in 2018 considered developing the Phoenix deposit as an ISR uranium operation that would produce 109.4 million lb. uranium oxide over a 14-year mine life. Initial capital costs would be $1 billion, but it would generate an operating cash flow of $4.3 billion. The after-tax net present value, with an 8% discount rate, would be $755.9 million and the internal rate of return 32.7%.

4 | SOLARIS RESOURCES Market Cap: $1.2 billion Solaris Resources Inc. (TSX: SLS; OTCQB: SLSSF) is advancing a portfolio of copper assets in the Americas, focused on its Warintza project in Ecuador. The project features a broad cluster of outcropping copper porphyry deposits anchored by a large-scale, highgrade open-pit resource inventory at Warintza Central.

Ongoing efforts are focused on

The camp at Foran Mining’s McIlvenna Bay polymetallic project in Saskatchewan.

FORAN MINING

ISOENERGY

rapid resource growth and further discovery drilling.

The company offers additional discovery potential at its portfolio of projects: Capricho and Paco Orco in Peru, Ricardo via joint-venture with Freeport-McMoRan (NYSE: FCX) and Tamarugo in Chile, and a 60%-interest in the La Verde joint venture with Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK), in Mexico.

Solaris published a new resource estimate for the Warintza Central deposit in April that expanded inferred tonnage by seven times, included a first-ever indicated resource, and outlined a potential starter pit.

The property now has indicated resources of 579 million tonnes grading 0.47% copper, 0.03% molybdenum and 0.05 gram gold per tonne for 2.7 million tonnes of copper, 150,000 tonnes of molybdenum and 930,000 oz. of gold.

Inferred resources add 887 million tonnes grading 0.39% copper, 0.01% molybdenum, 0.04 gram gold for 3.5 million tonnes of copper, 130,000 tonnes of molybdenum and 1.1 million oz. gold.

The Warintza project covers about 268 sq. km. and is located about 60 km north of Lundin Gold’s (TSX: LUG) Fruta del Norte gold mine, which produced 428,514 oz. of gold in 2021, and about 30 km north of the Mirador copper-gold mine, which began production in 2019.

See TOP 10 BASE METALS & URANIUM / 15

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THE NORTHERN MINER / JULY 11 — 24, 2022

SPECIAL FOCUS CANADA’S TOP TEN

15

Filo Mining’s Filo del Sol project on the Chile-Argentina border. FILO MINING

TOP 10 BASE METALS & URANIUM from 14

The latest update includes a potential starter pit of 180 million indicated tonnes grading 0.67% copper and 107 million inferred tonnes grading 0.64% copper.

5 | FORAN MINING Market cap: $628 million Copper-zinc development company Foran Mining (TSXV: FOM) moves up five places from last year’s list to the fifth spot this year. The company’s flagship project is the McIlvenna Bay project in the Hanson Lake volcanogenic massive sulphide (VMS) district of east-central Saskatchewan, part of the Flin Flon Greenstone belt. Foran also has several other regional assets, including Bigstone, Balsam, a separate Hanson Lake project, and interests in several other nearby properties.

The company released a prefeasibility study for its 204-sq.-km McIlvenna Bay project in February 2022. The report highlights a robust, long-life operation with an average annual production of 72.8 million lb. copper equivalent over the first 15 years of mine life. By individual metal, this equates to 38.8 million lb. copper, 63.6 million lb. zinc, 20,000 oz. gold and 486,000 oz. silver. The study pegged the initial capital cost at $368 million.

The life of the mine is 18.4 years, based on probable mineral reserves of 25.7 million tonnes at 2.51% copper equivalent.

Based on current metal prices, the study gave the project a net present value of $1.5 billion and an internal rate of return of 46% (both figures after-tax, at a 7% discount rate), with a payback period of 2.2 years. The base case economics showed a pre-tax NPV of $678 million and an IRR of 26%.

Life-of-mine copper cash costs are expected to average US26¢ per lb. (net of byproduct credits), and all-in sustaining costs to average US90¢ per lb. at base case prices.

At current commodity prices, this translates into $4 billion in EBITDA and $2.3 billion in free cash flow over the current life-of-mine.

Foran says that McIlvenna Bay is the world’s first carbon-neutral copper development project hosting a significant resource.

Foran has also received initial permits for developing an exploration decline as part of its pre-development program at McIlvenna Bay, which is expected to de-risk the timeline and capital costs to first production.

6 | FISSION URANIUM Market Cap: $438.5 million Rising from tenth place in the rankings for 2020 and 2021 to sixth this year, Fission Uranium’s (TSX: FCU; US-OTC: FCUUF) main project is the Patterson Lake south asset, which hosts the Triple R deposit – a large, high-grade and near-surface uranium deposit.

The McClean Lake mill in northern Saskatchewan, owned by Orano Canada (77.5%) and Denison Mines. DENISON MINES

Located in Saskatchewan’s Athabasca Basin, the property includes 17 contiguous claims totaling 31 sq. km.

The company aims to complete a feasibility study for the project by the end of 2022. In April, Fission completed the field work for geotechnical, hydrogeological, and metallurgical purposes. Detailed engineering studies and planning of the proposed mine design are in progress.

Based on a prefeasibility study completed in 2019, the project has a post-tax net present value (using an 8% discount rate) of $702 million and an internal rate of return of 25%. The payback period for the $1.2-billion initial capital investment would be 2.5 years. Construction will take an estimated three years and mining would continue for a further seven years.

The project contains 102.4 million lb. uranium oxide in 2.2 million indicated tonnes grading 2.1% U3O8. Inferred resources add 32.8 million lb. U3O8 in 1.2 million tonnes grading 1.22% U3O8. About 80% of the property has yet to be explored.

Fission signed an offtake agreement with CGN Mining in 2016, which states that CGN will purchase 20% of Fission’s annual U3O8 production with an option to purchase up to an additional 15%.

Fission aims to begin construction in 2026 and start producing in 2029.

7 | ARIZONA METALS Market Cap: $467.7 million Arizona Metals (TSXV: AMC; US-OTC: AZMCF) owns about 13.3 sq. km. of claims that cover and surround the past-producing Kay mine in Yavapai County, Ariz, and is looking to advance the project that it named after the mine.

A historical reserve estimate for Kay defined 6.4 million tonnes grading 2.2% copper, 3.03% zinc, 55 grams silver per tonne and 2.81 grams gold per tonne at the volcanogenic massive sulphide deposit.

Based on available data, the mine produced about 296,000 lb. of copper, 13,000 lb. of lead, 2,700 oz. of silver and 150 oz. gold in the 1900s.

In its first drill program in 2020, the company encountered massive sulphides in 19 out of the 20 holes, which helped it better understand the geological model of the deposit and identify high-priority targets.

The company is conducting a phase 2 expansion drill program, likely to finish in the second half of 2022. Highlights of drill results from the project, released in April, included 125.3 metres grading 2.4% copper, 0.9 gram gold per tonne, 1.29% zinc, 18.7 gram silver and 0.13% lead starting from 736.7 metres depth in hole KM-2257B; and 93.3 metres grading 1.36% copper, 5.65 grams gold, 3.25% zinc, 32.6 grams silver and 0.34% lead starting from 554.7 metres in hole KM-22-60.

The company also owns the early stage Sugarloaf Peak gold project, which covers 44.1 sq. km and is located in Arizona.

8 | ENCORE ENERGY Market Cap: $390.8 million U.S.-based enCore Energy (TSXV:EU; US-OTC: ENCUF) controls historic resources totalling 90 million lb. of uranium across its portfolio of projects.

EnCore aims to become a uranium producer by 2023 by restarting its Rosita plant, located about 95 km from Corpus Christi in Texas. With an 800,000 lb. uranium capacity, the plant will act as the central processing site for the Rosita extension, Rosita South extension, and the Upper Spring Creek Uranium project initially.

The company is also working to advance its Dewey Burdock uranium project in South Dakota which has a measured and indicated resource of 6.7 million tonnes grading 0.116% uranium for 17.1 million lb. of the mineral. Inferred resources add 645,546 tonnes grading 0.055% uranium for 712,624 pounds of uranium.

Based on a preliminary economic assessment in 2019, the project is estimated to have a 16-year life with annual production of 1 million lb. uranium oxide. The total cost per pound of uranium oxide produced would be US$28.88.

The project’s pre-production capital was pegged at US$31.6 million. The project was estimated to have a 16-year life with annual production of 1 million lbs. uranium oxide.

After taxes, the Dewey Burdock project has a net present value with an 8% discount rate of US$147.5 million and an internal rate of return of 50%. Currently, the company is working on sorting out the remaining permits to advance the project.

On June 28, the company said that it had secured its third uranium sales agreement. The deal, signed with a U.S.-based nuclear power company, will cover up to 600,000 lb. of uranium based on market pricing and will begin in 2025. In 2021, the company announced two supply agreements to secure sales totalling 2.7 million lb. uranium from 2023 to 2027.

The company has also started the initial permitting work to advance its Gas Hills uranium project in central Wyoming as an in-situ recovery operation. The project is currently in its PEA stage.

9 | NGEX MINERALS Market Cap: $363.9 million NGEx Minerals (TSXV: NGEX; US-OTC: NGXXF) is a Vancouver-based copper and gold exploration company with projects in Chile and Argentina. Its flagship project is the Los Helados copper-gold deposit, located in the Andes Mountains of the Atacama Region in Chile. The company is looking to advance the project through further drilling this year.

On June 12, the company said that it had discovered a third highgrade zone at the project, which was named the Alicanto zone, as it released new drill results. High-

lights included 100 metres grading 1.1% copper starting from 844 metres and 340.8 metres grading 0.67% copper starting from 700 metres in drill hole LHDH078.

The other two zones, Condor and Feniz, were discovered in May. The project hosts indicated resources totalling 2.1 million tonnes grading 0.38% copper, 0.15 gram gold per tonne and 1.37 grams silver for 17.6 billion lbs. of copper, 10.1 million oz. of gold and 92.5 million oz. of silver. Inferred resources add 827 million tonnes grading 0.32% copper, 0.1 gram gold and 1.32 grams silver for 5.8 billion lb. copper, 2.7 million oz. gold and 35.1 million oz. silver.

NGEx holds about 67% of the project and is the majority partner subject to a joint exploration agreement with Nippon Caserones Resources.

The company also owns the Valle Ancho copper-gold project in Catamarca, Argentina. In March, it concluded an eight-hole, 3,060-metre drill program in the area that focused on three high-priority targets. The highlight of the assay results was the discovery of a new copper-gold porphyry system at the La Quebrada target with an intersection of 596.5 metres grading 0.23% copper starting from 4 metres in hole VADH003.

10 | ISOENERGY Market Cap: $331 million IsoEnergy (TSXV: ISO; US-OTC: ISENF), a uranium exploration and development company with projects in the eastern Athabasca Basin in Saskatchewan. The company is focused on advancing its 100%-owned Larocque East property, which includes the high-grade Hurricane zone.

In April, the company announced that it had completed its winter drilling at Larocque East, which included 30 diamond drill holes totalling 12,147 metres.

The drilling mainly followed up on mineralization intersected during the summer 2021 drill program, such as hole LE21-101 (0.6% uranium oxide over 4.5 metres, starting from 324.5 metres, including 3.1% uranium oxide over 0.5 metre), which was open on both the east and west sides. The assay results are still pending. The drill hole also explored the Larocque Lake conductive trend, which extends for about 8 km east of Hurricane.

The Larocque East property consists of 33 mineral claims covering 167.8 sq. km. The project’s Hurricane zone, discovered in 2018, saw 29 holes drilled in 2019, 48 drill holes in 2020, and 16 drill holes in 2021. Its dimensions are currently 375 metres along strike, up to 125 metres wide, and up to 12 metres thick. The zone is open for expansion along strike to the east and to the north and south on some sections. The best intersection to date is 38.8% uranium oxide over 7.5 metres in drill hole LE20-76. TNM

16

JULY 11 — 24, 2022 / THE NORTHERN MINER

WWW.NORTHERNMINER.COM

TOP 10 PRECIOUS METALS from 12

seventeenth year and stockpiled ore is to be processed in the plant in years 18 to 22. In that final phase, 176,000 oz. gold will be produced.

At a 5% discount rate, Blackwater’s after-tax net present value would come to $2.2 billion, based on a long-term gold price of US$1,600 per oz., and its after-tax internal rate is estimated at 32%.

8 | SKEENA RESOURCES Market cap: $663 million Making its way into the Top Ten for the first time this year, Vancouver-headquartered Skeena Resources (TSX: SKE: US-OTC: SKREF) is focused on revitalizing its 100%-owned Eskay Creek gold-silver mine in northwestern British Columbia.

Located in the Golden Triangle and about 82 km northwest of the town of Stewart, Eskay Creek was the highest-grade gold mine in the world when it was in production from 1994 to 2008. The mine produced 3.3 million oz. of gold and 160 million oz. of silver at average grades of 45 grams gold per tonne and 2,224 grams silver.

Highlights from regional and near-mine exploration programs released in March included highgrade gold mineralization discovered 60 metres west of 21A Zone pit-constrained resources at Eskay in a 34-metre interval averaging 8.78 grams gold per tonne and 13 grams silver per tonne (8.95 grams gold-equivalent per tonne).

Earlier in the year, the company released highlights of the 23 Zone, discovered last year, including 7.4 metres of 3 grams gold and 4 grams silver.

Those discoveries came just months after Skeena released a preliminary prefeasibility study for Eskay, which outlined proven and probable reserves of 26.4 million tonnes with a diluted grade of 3.37 grams gold per tonne and 94 grams silver.

WYLOO from 6

proud to live in this province and you’ve got a really bright future - so much so that I’m tempted to come move here.”

Hoping to contribute to that battery supply chain, Wyloo has committed to processing nickel in Ontario, promising to spend $25 million on studying the potential for in-province battery material production.

Since its formation, Wyloo has quickly built up a portfolio of exploration projects in Western Australia (nickel-copper PGM and others) and is studying the feasibility of building a nickel sulphide processing plant in Australia in a joint venture with battery metals producer IGO Ltd (ASX: IGO).

Wyloo also has other investments in Canada. In January 2021, it signed an agreement with Orford Mining (TSXV: ORM) to earn up to 80% of the West Raglan nickel sulphide project in northern Quebec by spending $25 million on exploration over seven years. This year, it’s spending $4.9 million on exploration, aiming to drill about 2,500 to 3,000 metres focused on the Frontier, Beverly and Boomerang zones.

And at PDAC, Giacovazzi said the company had just closed another deal for a grassroots exploration project in Quebec that’s a “Voisey’s Bay lookalike” called Baie de Moisie, near Sept-Îles.

“It’s a large ultramafic intrusion.

A bunch of prospectors discovered it when a road was being built and when they excavated the road, they saw the rocks and they tested the

The camp at Sabina Gold & Silver’s Back River property in Nunavut. SABINA GOLD & SILVER

The mine is expected to produce more than 2.4 million oz. of gold and 70.9 million oz. of silver in total over a life of 9.8 years.

The study estimated preproduction capital costs of $488 million, with sustaining capital of $47 million and reclamation costs of $92 million. The after-tax net present value (at a 5% discount) was pegged at $1.4 billion and the internal rate of return at 56%.

Skeena is set to continue with its 60,000-metre drilling program this year.

9 | SABINA GOLD & SILVER Market cap: $597.7 million Sabina Gold & Silver (TSX: SBB; US-OTC: SGSVF) continues to advance its 100%-owned Back River gold project in Nunavut toward production.

Located about 520 km northeast of Yellowknife, N.W.T, Back River comprises six properties in an 80-km-long belt including Goose, George, Boulder, Boot, Del and Bath. Most work is being done at Goose and George.

The company announced a comprehensive US$520-million financing package for the mine in February.

rocks. It’s early, early stage. It’s very green fields, but it’s a big ultramafic package.”

Fraught history While the Ring of Fire undoubtedly has potential for more discovery — nickel, copper, PGMs, chromite, gold and more – it also has a turbulent history.

U.S.-based Cleveland-Cliffs (NYSE: CLF) invested more than $500 million in the area, hoping to develop the chromite deposits, before abruptly stopping work in 2013 and withdrawing completely from Canada, seeing no progress on infrastructure and no way to develop a mine for decades.

Some First Nations whose traditional territories lie in the region — notably Marten Falls and Webequie — are supportive of development. But others are not, including Neskantaga, and several James Bay communities such as Attawapiskat – who even declared a moratorium on development last year.

Giacovazzi says the company is committed to engaging with all the First Nations communities.

“It’s very early days, I’ll remind everyone that we’ve owned the business for eight weeks, so there’s still a long way to go, so don’t go printing that we’ve spoken to every First Nation, because there’s a few we haven’t got to yet,” he said.

“It’s going to take us a little bit of time, it’s not going to be a quick turnaround, but we’re committed to engaging really closely with every community, making sure they understand our project and what we’re proposing as a development.”

A February 2021 feasibility study outlined a $610-million open pit and underground operation producing an average of 223,000 oz. of gold per year over 15 years at Back River, with about 287,000 oz. of gold produced annually for the first five years.

The project’s after-tax net present value is estimated at $1.1 billion, based on a 5% discount rate and US$1,600 per oz. gold. The internal rate of return was estimated at 27.7%, and the payback period at 2.3 years.

In early June, results from its 3,500-metre spring drilling program at the V2 Zone included 45.1 metres grading 12.59 grams gold per tonne starting from 123.6 metres and 20.4 metres grading 12.64 grams gold starting from 146.4 metres.

Earlier in the year, Sabina said it could expand the capacity for its mill at Goose to 4,000 tonnes per day from the outset of development, rather than starting with a 3,000 tonne per day mill and later expanding it, because of increased tailings storage capacity at the Echo pit. That combined with optimized equipment selection and detailed engineering reduced

the cost of the mill expansion to $10 million from $17 million.

10 | NEW PACIFIC METALS Market cap: $573.7 million Bolivia-focused New Pacific Metals (TSX: NUAG; NYSE-AM: NEWP) is new to the Precious Metals top 10 this year. The company has three silver projects in the South American country: Silver Sand, located 35 km northeast of the Cerro Rico mine near Potosi; Carangas, 180 km southwest of the city of Oruro; and Silverstrike, 140 km southwest of La Paz. New Pacific is planning to update the resource for Silver Sand in September, followed by a preliminary economic assessment by the end of the year. A 2020 resource for the project outlined a measured and indicated resource of 35.4 million tonnes grading 137 grams silver per tonne for 35.6 million ounces. Inferred resources add 9.8 million tonnes at 112 grams silver for 35.6 million oz.

Mineralization at Silver Sand — one of the earliest mineral discoveries in Bolivia in the 1500s — starts at or near surface and is amenable to open pit mining and heap leaching.

Recent highlights from drilling in May include infill hole DSS646001, which intersected 60.5 metres grading 236 grams per tonne silver starting at 82.1 metres, including 6.5 metres grading 1,423 grams silver.

At the Carangas silver-gold project, a 40,000-metre drill program for 2022 is under way with four drill rigs onsite. Drilling in 2021 of 13,000 metres in 35 holes outlined a 1,000-metre by 700-metre silver zone discovery overlying a broad gold zone in rhyolitic bodies.

Drill highlights released in May include 595.7 metres grading 1.25 grams gold per tonne and 7 grams silver, starting from 161.6 metres. This broad gold zone occurs beneath a silver horizon of 41.6 metres grading 41 grams silver, 1% lead and 1.72% zinc starting from 62.4 metres. The hole was terminated in mineralization at a depth of 757.3 metres due to difficult drilling conditions and capacity of the drill rig.

Several targets at Silverstrike, which has seen historical mining and was drilled by Rio Tinto in the mid-1990s, will also be drilled this year for Silver Sand and Carangas-type discoveries. TNM

Indigenous engagement First Nations support is necessary to develop infrastructure in the remote region, 540 km northeast of Thunder Bay, Ont. — without which mining development wouldn’t be possible.

Giacovazzi characterizes the Ring of Fire as “a First Nation led” mineral development. “It isn’t actually a mining-led mineral development because it’s the First Nations who are the proponents for the road, and without the road we don’t have a mine. Ultimately, we’re there to support Marten Falls and Webequie, and Aroland, and it’s the three of them whose territories we directly pass through and [who] are directly impacted. They’re really the leaders of that road development,” he said. “And then of course, we’ve got our responsibility to all the surrounding communities as well that we need to work through.”

Environmental assessment processes are currently under way for three sections of a north-south all-weather road into the Ring of Fire: the 200-km Marten Falls access road; a 107-km supply road between Webequie First Nation and the Ring of Fire camp; and the 155-km Northern Link road connecting the two segments. Each one is being advanced separately.

At the same time, a regional assessment process for mining activity in the Ring of Fire is being planned by the federal Impact Assessment Agency (IAA). It has only completed one other regional assessment — a new type of study introduced under the 2019 Impact Assessment Act. After releasing a draft terms of reference outlining

the proposed process in late 2021, the agency is still considering feedback received in the planning stage before beginning the assessment.

“We’ve got the EA process, then we also have the regional assessment process that’s ongoing and the key word there is it’s a process — we’ve got to go through it,” Giacovazzi says.

The company has already made commitments to mining with as small a footprint as possible — it says the surface footprint will only be about 1 sq. km — and developing Eagle’s Nest as a net zero mine.

In addition, tailings will be deposited underground, and all process water will be reprocessed and reused.

“The other beauty of Eagle’s Nest is it starts at surface, so when we develop we’re almost straight into ore, so we don’t have a whole lot of waste that we need to stockpile somewhere — we’re right into the ore and we develop as we go, which is great — not all orebodies are blessed with that unique characteristic.”

Giacovazzi admits building a net zero mine in a remote area lacking any power infrastructure will be challenging. The company is looking into renewable energy options combined with batteries.

Wyloo hopes to apply lessons from Fortescue in bringing jobs and economic opportunities into nearby First Nations communities.

About 25% of Fortescue’s workforce is Indigenous — out of an Indigenous population in Australia of about 3%.

“I think the key to (Forrest’s) success was that he started really

early and that’s something that we’ll definitely be adopting - it’s that early engagement from day one,” Giacovazzi says. “Something that worked well for us in Australia was we said, if you train with us and complete your training, we’ll guarantee you a job. Too many mining companies and governments spend a lot of money training people, but never actually provide them with the jobs.”

Twenty-two of Wyloo’s 31 employees in Canada are Indigenous.

The company also wants to start a bank guarantee program whereby Wyloo could act as a guarantor for First Nations businesses to get their first loan from a bank, something it believes could help catalyze Indigenous-owned businesses, and as part of their procurement policies, encourage companies to partner with First Nations to develop capacity.

Giacovazzi says Firsts Nations communities are already “super entrepreneurial.”

“Everything they do every day is entrepreneurial, to operate up in the North, it’s not easy and I look at… already the services they provide us. We use a drill contractor that is part owned by Webequie. We reached out for a graphic designer to help us rebrand the company, and guess what, we found one, an Indigenous graphic designer. You have guys that have started businesses selling PPE,” he says.

“It’s already all there — the embers on there, we’re just going to try and blow some oxygen on it so we can start a fire.” TNM

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MARKET NEWS TORONTO STOCK EXCHANGE / JUNE 26 – 30, 2022 Over the June 27 to July 1 trading period, markets continued their downward trend, with the S&P/TSX Composite Index falling 201.55 points or 1.06% to 18,861.36; the S&P/TSX Global Mining Index dropping 4.4 points or 4.6% to 95.06; and the S&P/ TSX Global Base Metals Index retreating 6.65 points or 4.3% to 153.14. The S&P/TSX Global Gold Index fell 18.54 points or 7.07% to 262.16 and spot gold ended the week down 0.46%, or US$8.45 per oz. lower, at US$1,817 per ounce.

Shares of NioCorp Developments rose 10¢ or 12.5% to 90¢ during the trading week as the company issued 4.9 million shares for $4.8 million. Earnings from the private placement will be used to advance the company’s Elk Creek project. During the trading week, NioCorp also filed a technical report for the project’s feasibility study. According to the study, the Nebraska-based project contains about 632,900 tonnes of rare earth oxides (REO), which the firm said is the second largest indicated rare earth resource in the U.S. The project also contains niobium, scandium, and titanium. Whether or not NioCorp will produce separated rare earths as a byproduct will depend upon metallurgical testing on REE recovery rates, which will begin soon, the company said.

Steppe Gold managed a gain during the

week despite the drop in the gold price, as its shares rose 10¢ or 9.7% to $1.13. The Mongolia-based miner said that it expected to produce about 10,400 oz. gold in the second quarter, a number that’s likely to increase to about 15,000 oz. in the third quarter as the company confirmed new supplies of reagents and consumables allowing it to build stockpiles at site. “This in turn allows us to be more aggressive on leaching strategy, with more cells under active leach, allowing for acceleration of monthly production rates through the balance of 2022,” the company said.

Shares of Ascot Resources rose 7¢ or 16.3% to 50¢ as the company provided an update on the advancement of its Premier gold project in British Columbia. It said that the conTSX MOST ACTIVE ISSUES VOLUME

Suncor Energy Barrick Gold First Quantum Argonaut Gold Kinross Gold Lundin Mng UEX Corp Yamana Gold Teck Res B2Gold Corp

SU ABX FM AR K LUN UEX YRI TECK.B BTO

(OOOs)

HIGH

34105 17358 14475 12821 12691 9396 8810 8209 8175 8076

48.20 24.61 27.94 0.59 5.32 9.05 0.39 6.46 43.49 4.75

WEEK LOW

CLOSE CHANGE

43.88 45.16 22.70 22.76 23.58 24.42 0.45 0.45 4.57 4.58 7.93 8.16 0.32 0.33 5.98 5.99 37.97 39.36 4.35 4.36

+ -

0.61 1.47 1.46 0.13 0.58 0.32 0.05 0.36 1.50 0.29

struction of the $146.6-million project had “significantly advanced,” including work in and around the mill building, the new water treatment plant clarifier foundation and the tailings storage facility. It also said that it was confident it will secure a financial package needed to complete construction. The company has been seeking financing since April, when it announced it was unable to satisfy TSX GREATEST PERCENTAGE CHANGE VOLUME (OOOs)

Orea Mining Orvana Mnrls NorZinc Ascot Res Silver Eleph Aris Gold Niocorp Dev Arizona Gold Starcore Intl Steppe Gold Star Diamond RTG Mining Argonaut Gold Karnalyte Res McEwen Mng NovaGold Res Wallbridge Mng Victoria Gold Xtra-Gold Res New Pac Metals

OREA ORV NZC AOT ELEF ARIS NB SGLD SAM STGO DIAM RTG AR KRN MUX NG WM VGCX XTG NUAG

drawdown conditions for the remaining US$60 million of an US$80-million senior credit facility with Sprott Private Resource Lending. Aside from construction, exploration at the project’s emerging Sebakwe zone has revealed the occurrence of “significant amount of coarse, visible gold in a number of holes,” the company’s CEO Derek White said in a press release. TNM TSX GREATEST VALUE CHANGE

WEEK

HIGH

VOLUME

LOW CLOSE CHANGE

516 0.06 346 0.40 488 0.03 2010 0.56 47 0.52 200 1.97 408 0.90 434 0.06 5 0.29 34 1.18 6708 0.29 125 0.07 12821 0.59 63 0.48 529 0.66 596 7.50 1867 0.24 6773 11.98 38 1.17 186 4.39

0.04 0.25 0.02 0.43 0.46 1.67 0.79 0.05 0.27 1.06 0.08 0.00 0.45 0.39 0.53 6.15 0.19 9.95 0.99 3.67

0.06 + 37.5 0.33 + 27.5 0.03 + 20.0 0.50 + 16.3 0.52 + 15.6 1.88 + 13.3 0.90 + 12.5 0.05 + 11.1 0.28 + 9.8 1.13 + 9.7 0.14 - 50.0 0.06 - 25.0 0.45 - 22.4 0.39 - 20.4 0.54 - 18.2 6.15 - 17.4 0.19 - 17.4 9.99 - 17.2 1.00 - 16.7 3.67 - 15.4

(OOOs)

Suncor Energy Aris Gold Triple Flag Niocorp Dev Steppe Gold Ascot Res Orvana Mnrls Silver Eleph Galiano Gold Entree Res Franco-Nevada Newmont Corp Agnico Eagle Wheaton Prec SSR Mining Teck Res Newcrest Mg Lithium Amer Victoria Gold Cameco Corp

SU ARIS TFPM NB STGO AOT ORV ELEF GAU ETG FNV NGT AEM WPM SSRM TECK.A NCM LAC VGCX CCO

HIGH

34105 200 10 408 34 2010 346 47 28 92 1822 444 4186 3931 3930 17 158 2642 6773 4813

WEEK LOW CLOSE CHANGE

45.16 1.88 16.80 0.90 1.13 0.50 0.33 0.52 0.53 0.84 169.32 76.60 58.92 46.38 21.50 39.71 18.04 25.93 9.99 27.06

+ + + + + + + + + + -

0.61 0.22 0.15 0.10 0.10 0.07 0.07 0.07 0.04 0.03 9.30 6.17 4.52 2.89 2.75 2.74 2.69 2.21 2.07 1.95

TSX VENTURE EXCHANGE / JUNE 26 – 30, 2022 Over the June 27 to July 1 trading week, the S&P/TSX Venture Composite Index fell 35.1 points or 5.38%, to end at 617.26. Among the top gainers in terms of value for the period was Angus Gold, which gained 25¢ per share or nearly 24% to $1.01. During the week, Angus closed a non-brokered private placement of 5 million flow-through shares at $1.15 for a total of $5.8 million. Delbrook Capital Advisors’ funds acquired subscribers’ shares to the offering, taking its total stake to 16.2%. New Gold also exercised its right to maintain its pro-rata interest in the company and now owns 9.9% of the issued and outstanding common shares. This financing strengthens the company’s balance sheet allowing it to fund the ongoing exploration and drill program at its Golden Sky project in Ontario. The project is adjacent to the numerous producing mines and development projects of Wesdome Gold, Alamos Gold, and Argonaut Gold in the Wawa camp, but Angus believes it to be highly underexplored.

Foran Mining added 23¢ or nearly 11% during the week to close at $2.39 per share.

The company continues to intercept highgrade copper and zinc mineralization, but recent work has outlined a substantial opportunity also to uncover extensive anomalous gold zones. During the week, the company

provided the market with an exploration update from regional targets called the Bigstone and Marconi prospects, 25 km west of the flagship McIlvenna Bay deposit. Assay results from 14 holes in the Bigstone deposit point towards exploration success at Bigstone-Marconi, underpinning the company’s strategy to explore and discover near-mine opportunities under a centralized milling scenario. Among the highlights were hole BS-21-251, which returned 75 metres grading 2.1% copper equivalent, including 20.6 metres grading 3.6% copper equivalent; and hole BS-21-248, which returned 7.6 metres grading 1.1% copper equivalent, including 3.7 metres grading 1.8% copper equivalent.

Northisle Copper and Gold saw the most significant turnover of shares during the TSX-V MOST ACTIVE ISSUES VOLUME (OOOs) HIGH

Northisle C&G DV Resources Medgold Res Guanajuato Sil Intl Iconic Azincourt Ener SOPerior Fert Gold State Res Clean Air Met Maritime Res

NCX DLV.H MED GSVR ICON AAZ SOP.H GOST AIR MAE

4631 4117 2657 2649 2587 2540 2529 2454 2303 2286

0.28 0.11 0.02 0.39 0.07 0.07 0.03 0.04 0.18 0.06

LOW

0.20 0.07 0.00 0.32 0.03 0.06 0.02 0.02 0.15 0.06

WEEK CLOSE CHANGE

0.21 + 0.02 0.10 + 0.02 0.02 unch 0.00 0.34 - 0.04 0.05 + 0.02 0.06 - 0.01 0.02 - 0.01 0.02 - 0.01 0.16 - 0.01 0.06 - 0.01

trading week, with 4.6 million shares change hands. The trading action saw the share price climb 2¢ to 21¢ each. Northisle announced on June 30 that all the proposed resolutions at its annual general meeting held on June 22 were passed, including the election of Keena Hicken-Gaberria as a director of the company. In the prior week, Northisle closed a non-brokered private placement of 1.6 million shares at 31¢ per common share and TSX-V GREATEST PERCENTAGE CHANGE VOLUME (OOOs)

Golden Pursuit Millennium Sil Discovery Harb Vertical Expl Intl Bethl Mng Erin Ventures Troubadour Res Intl Iconic NuLegacy Gold Wescan Gldflds Azarga Metals Alliance Mng CaNickel Mng Odyssey Res Baru Gold Guardian Exp iMetal Res Frontline Gold SOPerior Fert Jubilee Gold

GDP MSC DHR VERT IBC.H EV TR ICON NUG WGF AZR ALM CML ODX.H BARU GX IMR FGC SOP.H JUB

TSX-V GREATEST VALUE CHANGE

WEEK

HIGH

88 42 529 976 31 1353 6 2587 2153 2 895 11 1 69 1767 97 192 474 2529 1

16.3 million flow-through shares at 40¢ per share for a gross of $7 million. The company plans to use the funds to progress the North Island copper-gold porphyry project near Port Hardy, B.C. It completed a preliminary economic assessment for the project in 2021 and is now focused on advancing the project through a prefeasibility study while continuing exploration within its prospective land package. TNM

VOLUME

LOW CLOSE CHANGE

0.18 0.01 0.02 0.09 0.04 0.10 0.16 0.07 0.06 0.09 0.03 0.22 0.06 0.05 0.06 0.06 0.28 0.02 0.03 0.56

0.00 0.00 0.00 0.05 0.00 0.00 0.00 0.03 0.04 0.00 0.00 0.00 0.00 0.03 0.04 0.00 0.00 0.01 0.02 0.00

0.18 +100.0 0.01 +100.0 0.01 +100.0 0.09 + 88.9 0.04 + 75.0 0.09 + 70.0 0.16 + 55.0 0.05 + 50.0 0.06 + 50.0 0.09 + 50.0 0.02 - 50.0 0.14 - 45.1 0.06 - 42.9 0.03 - 40.0 0.04 - 38.5 0.05 - 37.5 0.18 - 35.7 0.01 - 33.3 0.02 - 33.3 0.56 - 33.3

(OOOs)

Colonial Coal Angus Gold Foran Mining New Stratus Nouveau Monde Chesapeake Gld ScoZinc Mg Nrthn Graphite Integra Res Morien Res First Cobalt Leeta Gold Sigma Lithium New Found Gold Artemis Gold Los Andes Itafos Tanqueray Expl Uranium Roylty Prime Mining

CAD GUS FOM NSE NOU CKG EDM NGC ITR MOX ELBM HIVE SGML NFG ARTG LA IFOS IPA URC PRYM

HIGH

WEEK LOW CLOSE CHANGE

720 1.96 38 1.01 1744 2.39 1000 0.77 113 6.21 25 2.30 55 0.73 408 0.62 79 1.30 237 0.55 246 3.60 1175 3.85 51 20.00 361 5.77 165 5.48 19 15.30 189 1.80 47 4.88 279 2.90 473 1.63

+ + + + + + + + + + -

0.27 0.25 0.23 0.20 0.14 0.12 0.12 0.11 0.11 0.10 0.75 0.74 0.55 0.53 0.47 0.45 0.44 0.43 0.42 0.37

U.S. MARKETS / JUNE 26 – 30, 2022 The Dow Jones Industrial Average fell 403.42 points or 1.2% to 31,097.26 and the S&P 500 fell 86.4 points or 2.25% over the week to 3,825.33.

Shares of Mosaic Company rose by US62¢ or $1.3% to US$47.23 as the company reported higher potash sales and revenue in May compared to April. It sold about 744,000 tonnes of potash in May, compared to 692,000 tonnes in the previous month. Its revenue from potash also increased to US$539 million in May compared to US$438 million in April and US$246 million in May 2021.

Its sale of phosphates, however, decreased to 462,000 tonnes from 553,000 tonnes in May last year and 497,000 tonnes in April.

The revenue from phosphate was pegged at US$502 million, down from US$524 million in the previous month and up from US$327 million in May 2021.

“A compressed North American planting season and ongoing rail delays are impacting sales volumes,” the company said. “We now expect potash sales volumes of 2.3-2.5 million tonnes and phosphates sales volumes of 1.6-1.8 million tonnes in the second quarter.”

Shares of Gatos Silver fell 13.6% to $2.87 as the company provided its bi-weekly default status report during the trading week. The company, which is yet to file its annual report

for 2021 and its quarterly report for 2022, said it believes that it will be able to file them in the second half of 2022. “The company is also evaluating the material weaknesses in its internal controls over financial reporting related to the mineral reserve reporting errors,” it said. Following its announcement in January that it made errors in a 2020 technical report for its Los Gatos project in Mexico that resulted in an overestimation in resources, the company is focused on producing a new life-of-mine plan and updating its resources and reserves. The delay is due to the “ongoing analysis” by the company of any potential impacts the reduction may have on its audited annual financial statements, it said in a press release.

U.S. MOST ACTIVE ISSUES VOLUME (OOOs) HIGH

Vale* Freeport McMoR* Kinross Gold* Cleveland-Clif* Barrick Gold* Yamana Gold* United States S* Chevron Corp* Gold Fields* Teck Res*

VALE 140537 FCX 75522 KGC 72540 CLF 72219 GOLD 71622 AUY 63071 X 52849 CVX 37317 GFI 33130 TECK 28925

15.32 32.30 4.14 17.10 19.15 5.02 20.41 152.19 9.88 33.87

LOW

WEEK CLOSE CHANGE

14.49 14.63 + 0.43 28.99 29.26 - 1.73 3.55 3.58 - 0.42 14.75 15.37 - 1.11 17.64 17.69 - 1.09 4.65 4.65 - 0.27 17.56 17.91 - 1.93 143.41 144.78 + 0.01 9.12 9.12 - 0.42 29.39 30.57 - 1.12

A number of companies saw their share value decrease as the price of gold hit its lowest in a month during the week. Kinross Gold, which said that it was on track to release the initial resource estimate for its much-talked about Great Bear gold project in Ontario towards the end of 2022, saw its share value decline by 10.5% to US$3.58.

U.S. GREATEST PERCENTAGE CHANGE VOLUME (OOOs)

Vale* Black Hills* Suncor Energy* Mosaic* Nouveau Monde* NACCO Ind* Chevron Corp* Turquoise HIl* Nutrien* Peabody Enrgy* IAMGOLD* Gatos Silver* Coeur Mng* McEwen Mng* Endeavr Silver* Kinross Gold* First Majestic* Nexa Resources* Eldorado Gold* United States S*

VALE BKH SU MOS NMG NC CVX TRQ NTR BTU IAG GATO CDE MUX EXK KGC AG NEXA EGO X

HIGH

140537 1049 27701 27332 243 212 37317 2927 14267 21315 23378 3841 17010 5350 8983 72540 20193 332 5739 52849

Shares of Iamgold witnessed a 14.4% fall in value to US$1.61 per share. FrancoNevada, the world’s leading gold-focused royalty company, saw its share value decrease

by US$6.89 to US$131.58. In a similar vein, shares of Eldorado Gold and First Majestic Silver fell 10.1% and 10.4%, respectively, to US$6.39 and US$7.18. TNM U.S. GREATEST VALUE CHANGE

WEEK

VOLUME

LOW CLOSE CHANGE

15.32 74.40 37.45 51.35 5.40 42.20 152.19 27.88 89.00 24.80 1.92 3.47 3.58 0.52 3.63 4.14 8.20 6.87 7.26 20.41

14.49 14.63 + 3.0 71.50 72.77 + 1.8 33.96 35.07 + 1.5 46.18 47.23 + 1.3 4.77 4.86 + 0.6 36.07 37.90 + 0.3 143.41 144.78 + 0.0 26.10 26.78 - 0.6 78.76 79.69 - 0.6 20.75 21.33 - 1.2 1.60 1.61 - 14.4 2.84 2.87 - 13.6 3.02 3.04 - 13.4 0.42 0.44 - 12.2 3.10 3.14 - 11.0 3.55 3.58 - 10.5 7.06 7.18 - 10.4 6.00 6.01 - 10.2 6.37 6.39 - 10.1 17.56 17.91 - 9.7

(OOOs)

Black Hills* Mosaic* Suncor Energy* Vale* NACCO Ind* Nouveau Monde* Chevron Corp* McEwen Mng* Alamos Gold* Harmony Gold* MartinMarietta* Franco-Nevada* Newmont Corp* Alcoa* Arch Resources* Agnico Eagle* Intrepid Pots* Wheaton Prec* United States S* Freeport McMoR*

BKH MOS SU VALE NC NMG CVX MUX AGI HMY MLM FNV NEM AA ARCH AEM IPI WPM X FCX

HIGH

1049 27332 27701 140537 212 243 37317 5350 22993 15816 1351 2134 22800 19827 2027 8781 1593 9531 52849 75522

WEEK LOW CLOSE CHANGE

72.77 47.23 35.07 14.63 37.90 4.86 144.78 0.44 7.02 3.13 299.24 131.58 59.67 45.58 143.09 45.76 45.29 36.03 17.91 29.26

+ 1.28 + 0.62 + 0.53 + 0.43 + 0.13 + 0.03 + 0.01 - 0.06 - 0.11 - 0.15 - 10.44 - 6.89 - 4.51 - 3.78 - 3.76 - 3.46 - 2.32 - 2.17 - 1.93 - 1.73

GLOBAL MINING NEWS

THE NORTHERN MINER / JULY 11 — 24, 2022

19

METALS, MINING AND MONEY MARKETS LME WAREHOUSE LEVELS

PRODUCER AND DEALER PRICES

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening on April 7 2022 (change from June 23 2022 in brackets):

Coal: Central Appalachia, 12,500 Btu, 1.2 S02-R,W: US$138.800 Coal: Powder River Basin, 8,800 Btu, 0.8 S02-R, W: 16.550 Cobalt: US$29.68/lb.

Copper: US$3.61/lb.

Copper: CME Group Futures July 2022: US$3.59/lb.; August 2022: US$3.58/lb.

Iridium: NY Dealer Mid-mkt US$6,100/tr oz.

Iron Ore 62% Fe CFR China-S: US$ 116.5 Lead: US$0.87/lb.

Rhodium: Mid-mkt US$20,250/tr. oz.

Ruthenium: Mid-mkt US$750 per oz.

Silver: Handy & Harman Base: US$ 19.85 per oz.; Handy & Harman Fabricated: US$24.81 per oz.

Tin: US$12.08/lb.

Uranium: U3O8, Trading Economics spot price: US$51.25 per lb. U3O8 Zinc: US$1.37 per lb.

Prices current June 6, 2022

Aluminium Alloy

2040

(-20)

Aluminium

373275

(-19000)

Copper

124275

(+10800)

Lead

39525

(-75)

Nickel

66780

(-1014)

Tin

3500

(+245)

Zinc

81075

(+1175)

TSX SHORT POSITIONS

TSX VENTURE SHORT POSITIONS

Short positions outstanding as of Jun 15, 2022 (with changes from May 31, 2022) Largest short positions Argonaut Gold AR 19323551 696170 5/31/2022 IVN 19255993 2804170 5/31/2022 Ivanhoe Mines Kinross Gold K 18249436 2902208 5/31/2022 Suncor Energy SU 15448792 3724244 5/31/2022 McEwen Mng MUX 15250493 -874242 5/31/2022 Barrick Gold ABX 11935930 4033089 5/31/2022 FVI 10284892 470128 5/31/2022 Fortuna Silvr Lundin Mng LUN 9495847 968751 5/31/2022 Wheaton Prec WPM 9288015 223320 5/31/2022 Nexgen Energy NXE 9201828 2827879 5/31/2022 IAMGOLD IMG 8906251 355839 5/31/2022 Denison Mines DML 8175756 1638262 5/31/2022 New Gold NGD 7724304 159130 5/31/2022 First Quantum FM 7686414 1298850 5/31/2022 Nutrien NTR 6244844 631476 5/31/2022 Largest increase in short position Barrick Gold ABX 11935930 4033089 5/31/2022 Suncor Energy SU 15448792 3724244 5/31/2022 Kinross Gold K 18249436 2902208 5/31/2022 UEX Corp UEX 6090531 2866027 5/31/2022 Nexgen Energy NXE 9201828 2827879 5/31/2022 Largest decrease in short position YRI 5918440 -1436090 5/31/2022 Yamana Gold Sherritt Intl S 2846319 -1243047 5/31/2022 McEwen Mng MUX 15250493 -874242 5/31/2022 i-80 Gold IAU 3157268 -746706 5/31/2022 CMMC 6053481 -519145 5/31/2022 Copper Mtn Mng

Short positions outstanding as of Jun 15, 2022 (with changes from May 31, 2022) Largest short positions PGM 6230151 1114171 5/31/2022 Pure Gold Mg Purepoint Uran PTU 2736586 171441 5/31/2022 Oroco Res OCO 2453269 72153 5/31/2022 GoviEx Uranium GXU 2361311 924968 5/31/2022 BSK 1916493 1771634 5/31/2022 Blue Sky Uran Canada Silver CCW 1714459 18098 5/31/2022 Saturn Mnrls SOIL 1562460 1508882 5/31/2022 Jourdan Res JOR 1523619 1275543 5/31/2022 Colombia Crest ATX 1412896 1332157 5/31/2022 LIO 1346910 1233303 5/31/2022 Lion One Mtls Artemis Gold ARTG 1235198 21067 5/31/2022 Giga Metals GIGA 1173560 -51908 5/31/2022 Uragold Bay Rs HPQ 1118467 -35898 5/31/2022 Leeta Gold HIVE 1112506 521495 5/31/2022 NFG 1094528 125570 5/31/2022 New Found Gold Largest increase in short position Blue Sky Uran BSK 1916493 1771634 5/31/2022 Saturn Mnrls SOIL 1562460 1508882 5/31/2022 Colombia Crest ATX 1412896 1332157 5/31/2022 JOR 1523619 1275543 5/31/2022 Jourdan Res Lion One Mtls LIO 1346910 1233303 5/31/2022 Largest decrease in short position GR Silver GRSL 332165 -3460402 5/31/2022 Lithium Chile LITH 120205 -1518573 5/31/2022 ABRA 130838 -710629 5/31/2022 AbraSilver Res GFG Resources GFG 58998 -662881 5/31/2022 Cassiar Gold GLDC 812891 -636478 5/31/2022

DAILY METAL PRICES June 27

Date

June 28

June 29

June 30

July 1

BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) 1910/1910 1910/1910 1910/1910 1910/1910 Al Alloy 2452.5/2479 2499/2519.5 2451/2470 2396.5/2420.5 Aluminum Copper 8352/8356 8500/8500 8445/8448 8240/8240 Lead 1981/1981 1988.5/1994 1954.5/1958 1906/1916 Nickel 23150/23445 23850/23915 24700/24700 23050/23010 Tin 27450/26950 28100/27650 27275/26975 26950/26600 Zinc 3449.5/3359 3449/3368 3409/3927 3251/3230 PRECIOUS METAL PRICES (London fix, LBMA silver price, US$ per troy oz.)

Gold AM 1838.05 1827 1811.85 Gold PM 1826.30 1819.05 1817.75 Silver 21.46 21.24 20.98 Platinum 909 924 933 Palladium 1919 1876 1990

1632/1650 2383/2399 7975/7980 1917/1910 21600/21650 26995/26550 3124.5/3056 1795.65 1797.45 1973 872 1914

1813.60 1817 20.42 907 1888

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

Jun 30 1.2875 0.7767

Jun 29 1.2884 0.7761

Exchange rates (Quote Media, June 30, 2022) C$ to AUS C$ to EURO 1.1261 0.7413 C$ to UK Pound C$ to China Yuan 0.6387 5.2046 US to AUS US to EURO 1.4498 0.9545 US to UK Pound US to China Yuan 0.8224 6.6992

Jun 28 1.2873 0.7768

Jun 27 1.2872 0.7769

C$ to YEN 105.4670 C$ to India Rupee 61.3317 US to YEN 135.7855 US to India Rupee 78.9633

Jun 24 1.2892 0.7758 C$ to Mex Peso 15.6176 C$ to Swiss Franc 0.7419 US to Mex Peso 20.1071 US to Swiss Franc 0.9552

C$ to SA Rand 12.6529 C$ to S. Korea Won 1000.9008 US to SA Rand 16.2876 US to S. Korea Won 1288.0400

CANADIAN GOLD MUTUAL FUNDS FundName BMO Prec Mtls Fd A BMO ZGD BMO ZJG CANL Prec Mtl Fd A CI Pre Met Fd A CIBC Prec Metal Fd A Dyn Prec Metls Fd A Harvest HGGG Horizons GLCC IG MacGbPreMetCl A iShares XGD NBI PrecMetFd Invt NP Silver Equ A NPT Go&PrMinFd A RBC GblPreMetFd A TD Prec Mtl Fd Inv

Jun 30 ($) 20.92 59.38 55.87 15.20 44.30 12.72 10.08 22.06 23.49 12.81 16.39 15.89 6.15 41.74 45.32 41.72

Jun 23 ($) 22.23 63.04 59.03 15.96 47.37 13.34 10.82 23.70 24.77 13.45 17.38 16.77 6.62 44.81 48.05 43.99

Change ($) -1.30 -3.66 -3.16 -0.76 -3.07 -0.62 -0.74 -1.64 -1.06 -0.64 -0.99 -0.88 -0.46 -3.07 -2.74 -2.27

Change (%) -5.86 -5.80 -5.35 -4.75 -6.48 -4.65 -6.84 -6.92 -4.30 -4.78 -5.68 -5.25 -7.02 -6.85 -5.70 -5.16

YTDChange (%) -0.35 -3.13 -1.75 -3.14 -8.41 -0.64 -10.82 -5.50 -2.07 -3.10 1.16 -3.46 -18.86 -9.78 -4.59 -0.47

MER (%) 2.41 0.60 0.61 2.58 2.31 2.27 2.67 0.68 0.81 2.63 0.55 2.47 3.24 3.19 2.09 2.26

TotalAssets (M$) 50.76 43.76 72.63 18.22 302.89 55.28 542.64 3.78 19.08 1137.10 25.78 310.24 121.84

NORTH AMERICAN STOCKEXCHANGE INDICES 52 weeks

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

Jun 30 18861.36 617.26 1146.43 262.16 242.38

Jun 29 19078.64 626.34 1160.09 272.86 242.38

Jun 28 19222.74 644.91 1166.40 275.77 242.38

Jun 27 Jun 26 High 19258.32 22213.07 652.36 1025.77 1169.53 1344.63 282.49 379.45 242.38 338.35

Low 18661.52 611.88 1135.69 257.81 229.83

TSX WARRANTS Alio Gold Inc. (ALO.WT) - 10 Warrants to purchase one common share of the Issuer at $7.00 until expiry Alio Gold Inc. J (ALO.WT.A) - One Warrant to purchase one common share of the Issuer at $8.00 until expiry Aris Gold Corporation (ARIS.WT) - One Warrant to purchase one Common Share of the Issuer at $2.75 until expiry. eCobalt Solutions Inc. J (ECS.WT) - One Warrant to purchase one common share of the Issuer at US$1.95 per share until expiry Excellon Resources Inc (EXN.WT.A) - One warrant to purchase one common share of the Issuer at $2.80 until expiry Excellon Resources Inc. (EXN.WT) - One Warrant to purchase one common share of the issuer at $1.40 per share until expiry Excelsior Mining Corp. (MIN.WT) - One Warrant to purchase one Common Share of the Issuer at $1.25 until expiry.

Gran Colombia Gold (GCM.WT.B) - One warrant to purchase one common share of the Issuer at $2.21 until expiry.

Karora Resources Inc. (KRR.WT) - One

Warrant to purchase one common share of the Issuer at $0.50 until expiry.

Liberty Gold Corp. Wt (LGD.WT) - One Warrant to purchase one common share of the Issuer at $0.90 until expiry may 16, 2019 Lithium Americas Corp (LAC.WT) - One Warrant to purchase one common share of the Issuer at $0.90 until expiry Lydian International Limited (LYD.WT) One Warrant to purchase one additional ordinary share of the Issuer at $0.36 per share until expiry Nevada Copper Corp. (NCU.WT) - One Warrant to purchase one common share of the Issuer at $0.20 until expiry Nevada Copper Corp. (NCU.WT.A) - One Warrant to purchase one common share of the Issuer at $0.22 until expiry Nomad Royalty Company Ltd. (NSR.WT) - One Warrant to purchase one common share of the Issuer at $1.71 until expiry.

Novo Resources Corp. (NOVO.WT.A) - One Warrant to purchase one common share of the Issuer at $3.00 until expiry.

Novo Resources Corp. (NVO.WT.A) - One

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

Alpha Lithium Corporation (ALLI.WT) - One warrant to purchase one common share at $1.10 per share.

Alpha Lithium Corporation (ALLI.WT) - One warrant to purchase one common share at $1.10 per share.

American Cumo Mining Corp. (MLY.RT) 2 rights and $0.07 are required to purchase one share American Lithium Corp. (LI.WT) - One warrant to purchase one common share at $0.30 per share.

Antioquia Gold Inc. (AGD.RT) - One (1) Right and $0.042 are required to purchase one share.

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

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

Aurania Resources Ltd. (ARU.WT.A) - One warrant to purchase one common share at $4.25 per share.

Aurania Resources Ltd. (ARU.WT.B) - One warrant to purchase one common share at $2.20 per share.

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

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

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

Cabral Gold Inc. (CBR.WT) - One warrant to purchase one common share at $0.80 per share.

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

Cascadero Copper Corporation (CCD.RT) - One right and $0.015 are required to purchase one Share.

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

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

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

Cordoba Minerals Corp. (CDB.RT) - One right to purchase one common share at $0.54 per share.

Denarius Silver Corp. (DSLV.WT) - One warrant to purchase one common share at $0.80 per share.

Elevation Gold Mining Corporation (ELVT.

WT) - One warrant to purchase one common share at $4.80 per share.

Empress Royalty Corp. (EMPR.WT) - One warrant to purchase one common share at $0.75 per share.

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

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

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

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

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

Freeman Gold Corp (FMAN.WT.U) - One warrant to purchase one common share at US$0.65 per share.

Giga Metals Corporation (GIGA.WT) - One warrant to purchase one common share at $0.60 per share.

Giga Metals Corporation (GIGA.WT.A) One warrant to purchase one common share at $0.45 per share.

Giyani Metals Corp. (EMM.WT) - One warrant to purchase one common share at $0.60 per share.

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

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

Hot Chili Limited (HCH.WT) - One warrant to purchase one common share at $2.50 per share.

Kaizen Discovery Inc. (KZD.RT) - One warrant to purchase one common share at $0.51 per share.

LaSalle Exploration Corp. (LSX.WT) - One warrant to purchase one common share at $0.15 per share.

Lion One Metals Limited (LIO.WT) - One warrant to purchase one common share at $2.75 per share.

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

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

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

Manganese X Energy Corp. (MN.WT) - One warrant to purchase one common share at $0.15 per share.

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

Warrant to purchase one common share of the Issuer at $3.00 until expiry.

Platinum Group Metals Ltd. (PTM.WT.U) - One Warrant to purchase one common share of the Issuer at US$0.17 until expiry Royal Nickel Corporation (RNX.WT) - One Warrant to purchase one common share of the Issuer at $0.50 until expiry.

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

Sherritt International Corporation (S.WT) - Each whole Warrant entitles the holder to acquire between 1.00 and 1.25 additional common shares (as bulletin 2018-0062 table ) determined based on the Applicable Reference Cobalt Price at an exercise price of $1.95 per Warrant at any time prior to the Expiry Date Treasury Metals Inc. Wt (TML.WT) - One Warrant to purchase one common share of the Issuer at $1.50 until expiry.

Trevali Mining Corporation (TV.WT) - One Warrant to purchase one common share of the Issuer at $0.23 until expiry.

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

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

Millennial Lithium Corp. (ML.WT) - One right to purchase one common share at $4.80 per share.

Mineworx Technologies Ltd. (MWX.RT) One right to purchase one common share at $0.015 per share.

Northern Vertex Mining Corp. (NEE.WT) One warrant to purchase one common share at $0.80 per share.

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

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

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

Osisko Development Corp. (ODV.WT) - One warrant to purchase one common share at $10.00 per share.

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

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

Silver Mountain Resources Inc. (AGMR. WT) - One warrant to purchase one common share at $0.70 per share.

Star Royalties Ltd. (STRR.WT) - One warrant to purchase one common share at $1.00 per share.

Three Valley Copper Corp. (TVC.WT) - 20 warrants to purchase one Class A common share at $6.66 per share.

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

Ucore Rare Metals Inc. (UCU.RT) - One (1) right exercisable for one share at $4.00 per share.

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

Vizsla Silver Corp. (VZLA.WT) - One warrant to purchase one common share at $3.25 per share.

Westhaven Gold Corp. (WHN.WT) - One warrant to purchase one common share at $1.00 per share.

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

NEW 52-WEEK HIGHS AND LOWS JUNE 26-30, 2022 10 New Highs Alma Gold BrightRock* Delrand Res Diamante Min* Emgold Mining Emgold Mining* Lara Expl South Star Bat Taranis Res* Ubique Mineral 183 New Lows AbraSilver Res AbraSilver Res* African Gold* Alexco Res Alexco Res* Altaley Mining Altaley Mining* American Creek American Creek* Amex Expl Amex Expl* Anaconda Mng Apollo Silver Aura Minerals Avino Silver Avino Silver* Azimut Explor Belo Sun Mng Belo Sun Mng* Benchmark Met Benchmark Met*

Blackrock Silv Blackrock Silv* Blue Lagoon* Bluejay Mining* Bonanza Gold* Calibre Mng Calibre Mng* Capstone Mng Cipher Mining* Clarity Gold Cleveland-Clif* Comstock Mng* Copper Mtn Mng Copper Mtn Mng* Copper One * Defiance Silvr* Discovery Silv Discovery Silv* DRDGOLD* Dundee Prec Mt E79 Resources Eldorado Gold Eldorado Gold* Elevation Gold Elevation Gold* Encanto Potash Equinox Gold Equinox Gold* Erdene Res Dev Erdene Res Dev* Ero Copper Excelsior Mng Exploits Disc*

Fabled Silver* First Majestic First Majestic* Fury Gold GCM Mining GCM Mining* Global Battery* Gold Mountain* Gold Royalty* Gold Std Vents Gold Std Vents* Golden Dawn Ml* Golden Tag Golden Tag* GoldMining GR Silver* Gratomic* Great Panther Greenland M&En* Group Ten Mtls* Guanajuato Sil Guanajuato Sil* Hecla Mining* HudBay Min HudBay Min* i-80 Gold IAMGOLD IAMGOLD* Idaho Champion* IMPACT Silver Intl Tower Hil* Kinross Gold Kinross Gold*

Kodiak Copper* Kore Mining * Kuya Silver* Labrador IOR Largo Res Largo Res* Libero Copper Libero Copper* Lundin Mng MAG Silver Marathon Gold Marathon Gold* MartinMarietta* McEwen Mng McEwen Mng* Millennial Pr* Minera Alamos Monarch Mining Nevada King* New Age Metals* New Found Gold Newcore Gold Newlox Gold Nexa Resources* Nickel Creek* Nickel Rock NovaGold Res NovaGold Res* Novo Res Nrthn Superior* Nthn Dynasty Nthn Dynasty* Oceanus Res

Orea Mining* Orla Mining Oroco Res Oroco Res* Osisko Gold Osisko Gold* Outcrop S&G Pan Am Silver Pan Am Silver* Paramount Gold* Prime Mining Rare Element* Ridgestone M’g* Rojo Res* Sabina Gd&Slvr Sabina Gd&Slvr* Seabridge Gld Seabridge Gld* Search Mnls Sibanye-Stillw* Sierra Metals Signature Res* Silver One Silver One* Silvercorp Met SilverCrest Skeena Res Sokoman Min Solaris Res Southern Silvr Southern Silvr* Spearmint Res St-Georges Eco

St-Georges Eco* Star Diamond Summa Silver Summa Silver* Superior Gold Surge Copper Tartisan Nick Taseko Mines Taseko Mines* Tier One Silv Torex Gold Torex Gold* Treasury Metal* Trilogy Mtls Trilogy Mtls* UC Res* Ucore Rare Mtl* United Battery United States S* Uranium Roylty* Victoria Gold Victoria Gold* Vision Lithium Vision Lithium* Wallbridge Mng Wallbridge Mng* Western Mag Western Mag* Wheaton Prec* Winston Res

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LEGEND

STAFF INVESTMENT POLICY

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.$

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

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

20

JULY 11 — 24, 2022 / THE NORTHERN MINER

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MARKET NEWS

MINING STOCKS listed on CANADIAN and U.S. EXCHANGES TRADING: JUNE 26 – 30, 2022 (100s) Stock

Exc Volume

Week High

Low

Last Change

12-month High Low

A 1111 Explor C 4 1844 Resources V 73 1911 Gold* O 35 V 158 1911 Gold 55 North C 171 79 Resources C 13 79North C 233 A.I.S Res* O 11 V 838 A.I.S Res Abacus Mining* O 119 Abacus Mining V 64 Abcourt Mines V 720 Abcourt Mines* O 18 72 Aben Resources* O Aben Resources V 279 AbraSilver Res V 2030 AbraSilver Res* O 1092 Academy Metals* O 0 1 Academy Metals V ACME Lithium C 52 Adamera Min V 39 139 Adamera Min* O Adex Mining V 69 Advance Gold V 154 297 Advance United C Adventus V 290 Adventus* O 153 V 505 Adyton Res AEX Gold V 93 Affinity Metal* O 1 African Energy* O 0 African Gold* O 51 African Gold* O 9 V 126 African Gold African Metals V 0 African Rainbo* O 1 241 Aftermath Silv* O Agnico Eagle T 4186 Agnico Eagle* N 8781 32 Aguila Amer Gd V Aguila Amer Gd* O 38 Aiml Res* O 258 124 AJN Resources C Akwaaba Mining V 0 Alamos Gold T 4029 Alamos Gold* N 22993 Alcoa* N 19827 Aldebaran Res V 36 32 Aldebaran Res* O Alerio Gold C 147 Alexandra Cap* O 83 T 3993 Alexco Res Alexco Res* X 6798 Alianza Min V 124 O 49 Alianza Min* Alien Metals* O 58 All American* O 14257 39 Allegiant Gold V Allegiant Gold* O 123 Alliance Mng V 11 Alliance Res* D 1797 Allied Copper* O 4 Allied Copper V 43 C 326 Alma Gold Almaden Min* X 2223 Almaden Min T 31 35 Almadex Min* O Almadex Min V 51 Almonty Ind * O 69 T 59 Almonty Ind Aloro Mining* O 0 Aloro Mining V 5 380 Alpha Copper C Alpha Lithium V 503 Alpha Lithium* O 29 Alphamin Res * O 1405 Alphamin Res V 1984 Altai Resource V 74 2 Altai Resource* O Altair Res Inc V 504 Altaley Mining* O 393 659 Altaley Mining V Altamira Gold* O 49 Altamira Gold V 241 0 Altan Nevada V Altiplano Met V 57 40 Altiplano Met* O Altius Mnrls * O 79 Altius Mnrls T 476 Alto Ventures V 94 Alto Ventures* O 56 Altura Mining* O 73 Alturas Min V 0 Altus Strat V 0 Altus Strat* O 0 Alumina Ltd* O 9 ALX Resources V 1538 ALX Resources* O 284 AM Resources V 14 Amani Gold* O 92660 Amarc Res V 746 Amarc Res* O 52 Amer Intl Vent* O 4 American Creek* O 200 American Creek V 385 American CuMo V 62 128 American CuMo* O American Eagle V 357 American Lith V 1539 American Lith* O 1179 American Mang* O 163 199 American Mang V American Pac C 349 American Rare* O 65 AmericanSierra* O 15 Americas Silvr* X 913 Americas Silvr T 1009 Amerigo Res T 1367 Amerigo Res* O 472 Ameriwest Lith* O 961 Ameriwest Lith C 362 Amex Expl V 228 Amex Expl* O 40 AmmPower* O 264 AmmPower C 209 Amseco Expl V 12 AMV Capital V 10 Anaconda Mng T 165 Anacortes Mg V 120 Andean Prec* O 15 Andean Prec V 1380 Anfield Energy* O 500 Anfield Energy V 1423 Angel Gold V 0 Angkor Gold* O 1 Angkor Res V 8 Anglo American* O 13 Anglo American* O 1435 Anglo Pac Grp T 33 AngloGold Ash* O 0 AngloGold Ash* N 8580 Angold Res V 2033 Angold Res* O 51 Angus Gold* O 8 Angus Gold V 38 Antioquia Gold* O 3 Antioquia Gold V 0 Antler Gold V 10 Antler Hill V 0 Antofagasta* O 12 Apex Res * O 946 Apex Res V 22 Apogee Min V 0 Apollo Silver V 876 Apollo Silver* O 82 Appia Rare* O 326 Appia Rare C 342 Applied Min* O 5568 Arbor Metals V 24 Arch Resources* N 2027

0.05 0.00 0.05 unch 0.00 0.15 0.05 0.07 0.00 0.07 - 0.01 0.11 0.04 0.13 0.00 0.13 - 0.00 0.35 0.12 0.17 0.15 0.16 unch 0.00 0.47 0.15 0.02 0.00 0.02 unch 0.00 0.13 0.02 0.04 0.04 0.04 unch 0.00 0.14 0.04 0.06 0.05 0.06 + 0.01 0.16 0.05 0.02 0.02 0.02 + 0.01 0.07 0.02 0.03 0.02 0.02 unch 0.00 0.09 0.02 0.05 0.04 0.04 - 0.00 0.14 0.04 0.06 0.00 0.05 - 0.01 0.17 0.05 0.08 0.00 0.05 - 0.02 0.15 0.06 0.06 0.05 0.05 - 0.00 0.12 0.05 0.04 0.03 0.04 + 0.01 0.06 0.02 0.04 0.03 0.03 - 0.01 0.07 0.03 0.33 0.27 0.28 - 0.04 0.62 0.29 0.26 0.21 0.22 - 0.04 0.51 0.22 0.00 0.00 0.30 unch 0.00 0.45 0.30 0.18 0.00 0.18 - 0.01 0.91 0.17 1.02 0.91 0.94 - 0.04 1.44 0.76 0.06 0.00 0.05 - 0.02 0.10 0.05 0.05 0.04 0.04 - 0.01 0.08 0.03 0.01 0.00 0.01 unch 0.00 0.02 0.01 0.03 0.00 0.03 unch 0.00 0.08 0.02 0.14 0.07 0.11 + 0.02 2.09 0.07 0.51 0.45 0.49 unch 0.00 1.10 0.47 0.41 0.35 0.37 - 0.01 0.92 0.36 0.05 0.00 0.05 + 0.01 0.13 0.03 0.73 0.63 0.66 - 0.07 0.82 0.44 0.04 0.04 0.04 unch 0.00 0.15 0.04 0.00 0.00 0.05 unch 0.00 0.21 0.01 0.24 0.00 0.18 - 0.06 0.24 0.15 0.07 0.05 0.07 unch 0.00 0.45 0.03 0.26 0.21 0.22 - 0.05 0.57 0.17 0.00 0.00 0.05 unch 0.00 0.15 0.05 0.00 0.00 13.35 unch 0.00 21.45 12.98 0.17 0.15 0.16 - 0.00 0.50 0.15 65.00 58.81 58.92 - 4.52 84.66 58.02 50.42 45.64 45.76 - 3.46 67.14 45.42 0.22 0.00 0.22 - 0.06 0.35 0.15 0.13 0.13 0.13 unch 0.00 1.00 0.12 0.13 0.09 0.11 - 0.01 0.78 0.08 0.39 0.39 0.39 unch 0.00 0.52 0.20 0.00 0.00 0.01 unch 0.00 0.02 0.01 9.47 8.87 9.03 - 0.15 11.61 8.30 7.35 6.90 7.02 - 0.11 9.22 6.51 51.10 44.27 45.58 - 3.78 98.09 31.00 0.71 0.00 0.70 + 0.06 1.13 0.53 0.53 0.48 0.53 + 0.05 0.88 0.40 0.10 0.08 0.10 + 0.02 0.49 0.06 0.08 0.07 0.07 - 0.00 0.51 0.06 0.51 0.46 0.50 + 0.01 3.16 0.46 0.41 0.36 0.40 - 0.00 2.59 0.36 0.06 0.05 0.05 unch 0.00 0.13 0.04 0.04 0.04 0.04 + 0.00 0.10 0.03 0.01 0.00 0.01 + 0.00 0.03 0.01 0.00 0.00 0.00 + 0.00 0.01 0.00 0.29 0.28 0.28 - 0.01 0.58 0.28 0.24 0.22 0.22 - 0.00 0.45 0.20 0.22 0.00 0.14 - 0.12 1.05 0.14 19.35 17.40 18.23 + 0.64 21.24 6.62 0.11 0.10 0.11 + 0.01 0.26 0.08 0.15 0.11 0.12 - 0.03 0.41 0.10 0.28 0.03 0.28 - 0.32 2.25 0.30 0.26 0.22 0.22 - 0.01 0.51 0.22 0.33 0.29 0.29 - 0.01 0.67 0.29 0.23 0.20 0.22 + 0.01 0.27 0.15 0.30 0.28 0.29 + 0.02 0.33 0.21 0.71 0.64 0.66 - 0.04 0.88 0.60 0.91 0.83 0.85 - 0.06 1.10 0.77 0.00 0.00 0.02 unch 0.00 0.13 0.01 0.03 0.00 0.03 - 0.01 0.08 0.02 0.39 0.24 0.39 + 0.13 1.09 0.18 0.94 0.77 0.87 + 0.10 1.69 0.45 0.55 0.44 0.50 + 0.05 0.90 0.25 0.64 0.59 0.64 + 0.01 1.17 0.51 0.84 0.76 0.83 + 0.01 1.46 0.66 0.06 0.00 0.06 - 0.01 0.17 0.06 0.05 0.05 0.05 unch 0.00 0.11 0.05 0.03 0.03 0.03 - 0.01 0.19 0.03 0.17 0.13 0.14 - 0.02 0.79 0.13 0.20 0.17 0.18 - 0.02 0.80 0.17 0.13 0.12 0.12 + 0.01 0.29 0.10 0.17 0.14 0.17 unch 0.00 0.37 0.14 0.00 0.00 0.07 unch 0.00 0.25 0.03 0.24 0.00 0.20 - 0.04 0.42 0.18 0.18 0.15 0.15 - 0.03 0.32 0.15 15.17 13.57 14.08 - 0.16 20.36 11.56 19.54 17.51 18.14 - 0.21 25.71 14.92 0.20 0.18 0.20 + 0.02 0.43 0.17 0.16 0.15 0.15 + 0.01 0.37 0.13 0.02 0.01 0.01 unch 0.00 0.11 0.01 0.00 0.00 0.02 unch 0.00 0.03 0.02 0.00 0.00 0.76 unch 0.00 1.48 0.75 0.00 0.00 0.60 unch 0.00 1.11 0.50 4.32 4.02 4.09 - 0.04 6.99 3.95 0.04 0.04 0.04 - 0.01 0.15 0.04 0.03 0.03 0.03 - 0.00 0.12 0.03 0.07 0.00 0.05 - 0.02 0.10 0.04 0.00 0.00 0.00 - 0.00 0.00 0.00 0.12 0.10 0.10 unch 0.00 0.15 0.09 0.09 0.08 0.09 + 0.01 0.12 0.07 0.01 0.01 0.01 unch 0.00 0.02 0.00 0.12 0.11 0.11 - 0.01 0.21 0.11 0.16 0.00 0.14 - 0.02 0.24 0.15 0.03 0.00 0.03 unch 0.00 0.08 0.03 0.02 0.02 0.02 - 0.00 0.06 0.02 0.04 0.04 0.04 unch 0.00 0.19 0.03 2.30 1.81 1.85 - 0.12 6.25 1.53 1.78 1.40 1.44 - 0.09 5.00 1.20 0.46 0.38 0.42 + 0.01 1.17 0.37 0.58 0.52 0.54 - 0.01 1.48 0.47 0.53 0.43 0.43 - 0.04 1.40 0.42 0.21 0.14 0.19 + 0.01 0.42 0.11 0.03 0.02 0.02 + 0.00 0.29 0.02 0.72 0.66 0.69 - 0.01 1.65 0.65 0.92 0.85 0.90 unch 0.00 2.08 0.85 1.44 1.23 1.24 - 0.14 2.01 1.10 1.11 0.96 0.97 - 0.10 1.66 0.86 0.63 0.53 0.63 + 0.09 1.37 0.52 0.82 0.72 0.82 + 0.12 1.74 0.54 1.81 1.57 1.67 - 0.11 3.36 1.65 1.41 1.24 1.28 - 0.12 2.68 1.29 0.20 0.17 0.18 + 0.01 1.26 0.15 0.25 0.22 0.22 + 0.01 1.50 0.20 0.04 0.00 0.04 unch 0.00 0.08 0.04 0.10 0.00 0.10 - 0.05 0.15 0.10 0.41 0.37 0.38 - 0.01 0.99 0.37 0.92 0.83 0.89 - 0.02 2.50 0.78 0.89 0.83 0.87 - 0.01 1.83 0.76 1.15 1.05 1.08 - 0.06 2.30 0.92 0.08 0.06 0.06 + 0.00 0.18 0.06 0.09 0.08 0.08 unch 0.00 0.23 0.08 0.00 0.00 0.17 unch 0.00 0.35 0.15 0.09 0.00 0.09 + 0.01 0.13 0.04 0.12 0.11 0.12 unch 0.00 0.17 0.05 36.00 0.00 35.51 - 1.86 55.61 33.18 19.54 17.66 17.99 - 1.09 27.80 16.75 2.42 2.22 2.22 - 0.14 3.85 1.95 16.75 0.00 16.75 - 0.49 27.20 15.31 16.08 14.76 14.79 - 0.80 26.96 14.57 0.08 0.07 0.07 + 0.01 0.34 0.07 0.05 0.00 0.05 + 0.00 0.27 0.05 0.84 0.60 0.79 + 0.19 1.10 0.56 1.01 0.79 1.01 + 0.25 1.33 0.69 0.03 0.03 0.03 unch 0.00 0.04 0.01 0.00 0.00 0.03 unch 0.00 0.05 0.03 0.15 0.00 0.15 + 0.03 0.25 0.09 0.00 0.00 0.18 unch 0.00 0.18 0.18 15.34 13.80 13.80 - 0.94 23.45 14.35 0.06 0.04 0.04 - 0.00 0.13 0.01 0.07 0.00 0.06 unch 0.00 0.09 0.04 0.00 0.00 0.11 unch 0.00 0.14 0.09 0.25 0.19 0.21 - 0.05 1.15 0.22 0.20 0.15 0.16 - 0.04 1.00 0.16 0.30 0.25 0.27 + 0.02 0.87 0.24 0.38 0.34 0.34 + 0.03 1.02 0.30 0.00 0.00 0.00 + 0.00 0.03 0.00 2.45 2.38 2.45 + 0.05 2.85 1.70 161.25 137.36 143.09 - 3.76 183.53 53.42

(100s) Stock

Exc Volume

Archer Explor C Archon Mineral V Arcland Res V ArcPacific Res* O ArcPacific Res V Arctic Star V O Arctic Star* Arcus Dev Grp V Arcwest Explor V Arcwest Explor* O O Arena Min* Arena Min V Argentina Lith V Argentina Lith* O Argentum Silvr V Argentum Silvr* O Argo Gold C O Argo Gold* Argonaut Gold* O Argonaut Gold T Arianne Phosph V Arianne Phosph* O Aris Gold T Arizona Gold* O Arizona Gold T Arizona Metals V Arizona Metals* O Arizona Silver* O Arizona Silver V V Armor Min Armor Min* O Artemis Gold V Artemis Gold* O Asante Gold* O C Asante Gold Asbestos Corp V Ascendant Res* O Ascendant Res T Ascot Res T O Ascot Res * AsiaBaseMetals V Aston Bay* O V Aston Bay O ATAC Res* ATAC Res V Atacama Cop V Atalaya Mining T Athabasca Min* O Athabasca Min V Athena Gold* O Athena C Atico Mining* O Atico Mining V Atlas Salt* O V Atlas Salt Aton Resources* O Aton Resources V Augusta Gold* O Augusta Gold T Aura Minerals T Aura Minerals* O Aurania Res* O V Aurania Res Aurcana Silver V Aurcana Silver* O AurCrest Gold V Aurelius Min* O V Aurelius Min Aurion Res * O Aurion Res V Aurora Royal V Aurwest Res C AURYN Mining* O Aust Mines* O Austin Res V Austral Gold* O Austral Gold V Auxico Res* O C Auxico Res Avalon Advance* O Avalon Advance T Avarone Metals* O Avidian Gold* O Avidian Gold V X Avino Silver* Avino Silver T Avrupa Min V O Avrupa Min* Awale Res V Axmin Inc V Axmin Inc* O Aya Gold* O Azarga Metals* O Azarga Metals V Azimut Explor* O Azimut Explor V Azincourt Ener* O Azincourt Ener V Aztec Minerals V Aztec Minerals* O Azucar Min V Azucar Min* O

296 5 0 8 623 1984 180 0 24 2 265 1586 441 530 0 3 109 0 3970 12821 515 610 200 181 434 321 165 163 124 2 2 165 21 3 305 0 0 73 2010 903 1 13 330 193 190 19 1 122 173 531 31 187 199 42 870 34 38 64 72 53 3 293 251 2007 562 4 16 74 42 183 8 37 2 20 0 19 7 4 274 178 1656 1 54 238 1196 92 2107 99 0 61 0 17 236 895 15 99 1026 2540 110 21 69 135

Week

12-month

High

Low

Last Change

0.21 0.21 0.00 0.03 0.05 0.10 0.07 0.00 0.06 0.04 0.38 0.50 0.34 0.27 0.00 0.01 0.10 0.00 0.47 0.59 0.57 0.44 1.97 0.04 0.06 4.24 3.30 0.20 0.27 0.61 0.47 5.97 4.56 1.24 1.60 0.00 0.00 0.21 0.56 0.43 0.16 0.03 0.04 0.08 0.11 0.18 5.40 0.26 0.34 0.08 0.14 0.29 0.37 1.95 2.52 0.27 0.40 1.42 1.93 9.31 7.15 0.74 0.95 0.08 0.06 0.22 0.10 0.13 0.55 0.71 0.02 0.06 0.80 0.06 0.00 0.04 0.04 0.70 0.90 0.10 0.13 0.01 0.03 0.04 0.62 0.78 0.05 0.04 0.00 0.06 0.00 5.87 0.02 0.03 0.84 1.14 0.06 0.07 0.27 0.21 0.08 0.06

0.13 0.00 0.00 0.03 0.04 0.08 0.06 0.00 0.00 0.04 0.31 0.41 0.27 0.20 0.00 0.01 0.09 0.00 0.35 0.45 0.48 0.38 1.67 0.03 0.05 3.77 2.90 0.18 0.22 0.00 0.47 5.18 4.04 1.23 1.57 0.00 0.00 0.00 0.43 0.33 0.00 0.02 0.00 0.08 0.10 0.00 5.21 0.21 0.00 0.05 0.06 0.20 0.27 1.81 2.31 0.27 0.36 1.30 1.66 8.26 0.00 0.59 0.76 0.06 0.04 0.00 0.08 0.11 0.51 0.65 0.00 0.06 0.00 0.00 0.00 0.00 0.00 0.68 0.80 0.08 0.11 0.01 0.02 0.03 0.54 0.69 0.03 0.02 0.00 0.04 0.00 5.07 0.00 0.00 0.76 0.98 0.04 0.06 0.26 0.20 0.00 0.05

0.18 + 0.19 0.13 unch 0.03 unch 0.05 0.10 + 0.07 + 0.03 unch 0.06 unch 0.04 unch 0.37 + 0.47 + 0.29 + 0.23 + 0.08 unch 0.01 unch 0.09 0.09 unch 0.36 0.45 0.48 0.38 1.88 + 0.04 + 0.05 + 3.93 3.02 0.18 0.23 0.61 + 0.47 unch 5.48 4.17 1.24 1.60 + 0.99 unch 0.14 unch 0.21 0.50 + 0.39 + 0.16 0.03 + 0.04 + 0.08 0.10 unch 0.17 + 5.24 0.23 + 0.30 0.08 + 0.14 + 0.26 + 0.33 + 1.95 + 2.45 + 0.27 unch 0.36 + 1.31 1.67 8.35 6.70 0.66 + 0.83 + 0.06 0.05 0.21 0.08 0.11 0.52 0.67 0.02 unch 0.06 + 0.80 unch 0.06 + 0.04 unch 0.03 0.04 unch 0.68 + 0.80 0.08 0.12 0.01 unch 0.02 0.03 unch 0.54 0.69 0.03 0.02 0.17 unch 0.06 + 0.02 unch 5.08 0.01 0.02 0.77 0.98 0.04 0.06 0.26 0.20 + 0.08 0.06 -

0.03 0.09 0.00 0.00 0.01 0.01 0.01 0.00 0.00 0.00 0.04 0.03 0.03 0.02 0.00 0.00 0.01 0.00 0.09 0.13 0.05 0.04 0.22 0.00 0.01 0.10 0.11 0.03 0.04 0.09 0.00 0.47 0.44 0.02 0.01 0.00 0.00 0.01 0.07 0.05 0.02 0.01 0.01 0.00 0.00 0.02 0.26 0.01 0.01 0.02 0.08 0.05 0.06 0.14 0.06 0.00 0.01 0.09 0.12 0.53 0.45 0.05 0.05 0.02 0.01 0.02 0.03 0.02 0.03 0.03 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.08 0.01 0.01 0.00 0.00 0.00 0.05 0.06 0.02 0.02 0.00 0.02 0.00 0.81 0.01 0.02 0.08 0.11 0.01 0.01 0.03 0.00 0.01 0.01

High Low

1.25 0.33 0.38 0.13 0.09 0.22 0.18 0.04 0.12 0.09 0.60 0.68 0.96 0.77 0.22 0.21 0.20 0.14 3.23 4.09 0.82 0.65 2.29 0.10 0.13 6.98 5.60 0.48 0.60 0.87 0.48 7.93 6.23 1.80 2.29 1.00 0.22 0.29 1.41 1.18 0.24 0.06 0.09 0.14 0.17 0.65 8.48 0.54 0.70 0.21 0.30 0.53 0.65 1.99 2.57 0.48 0.69 1.94 2.40 17.19 14.31 2.82 3.43 0.95 0.77 0.39 0.45 0.52 1.09 1.36 0.07 0.19 1.05 0.27 0.09 0.13 0.16 1.68 1.85 0.19 0.24 0.04 0.14 0.18 1.19 1.46 0.11 0.09 0.56 0.08 0.06 9.44 0.12 0.17 1.98 2.49 0.19 0.29 0.41 0.32 0.19 0.15

0.13 0.18 0.06 0.02 0.04 0.05 0.04 0.03 0.06 0.04 0.09 0.13 0.14 0.11 0.08 0.01 0.06 0.05 0.34 0.44 0.29 0.23 1.21 0.03 0.04 3.05 2.39 0.13 0.17 0.48 0.37 4.86 3.40 0.27 0.34 0.50 0.12 0.17 0.40 0.32 0.13 0.02 0.03 0.06 0.09 0.13 4.71 0.12 0.15 0.05 0.05 0.20 0.27 0.48 0.58 0.12 0.16 0.71 0.89 8.35 6.50 0.42 0.52 0.05 0.04 0.12 0.10 0.11 0.49 0.65 0.02 0.06 0.50 0.04 0.04 0.03 0.04 0.25 0.50 0.07 0.09 0.01 0.02 0.03 0.56 0.72 0.03 0.03 0.17 0.03 0.02 4.40 0.01 0.02 0.76 0.98 0.05 0.06 0.22 0.16 0.07 0.05

B B2Gold Corp T 8076 B2Gold Corp* X 46868 Bald Eagle V 1179 Balto Res V 65 Bam Bam Res* O 79 Bam Bam Res C 169 Bannerman Egy* O 969 V 919 Banyan Gold Banyan Gold* O 302 Barksdale Res* O 45 Barksdale Res V 200 Baroyeca Gold V 215 Baroyeca Gold* O 325 Barrick Gold T 17358 Barrick Gold* N 71622 Barsele Min* O 1 Barsele Min V 10 Baru Gold V 1767 Baru Gold* O 185 Baselode Egy* O 293 Baselode Egy V 788 Basin Uranium C 239 Batero Gold V 160 Bathurst Met V 5 Bathurst Metal* O 27 Battery Min V 885 Bayhorse Silvr* O 411 Bayhorse Silvr V 165 BC Moly V 30 BCM Res V 112 BCM Res* O 61 BE Res V 0 Bear Creek Mng V 320 Bear Creek Mng* O 100 Bearclaw Cap V 0 Bearing Lith V 393 O 23 Bearing Lith* Beauce Gold V 424 Bell Copper V 588 Bell Copper* O 76 Belmont Res V 861 Belo Sun Mng T 471 Belo Sun Mng* O 1342 BeMetals * O 54 BeMetals V 88 Benchmark Met* O 53 Benchmark Met V 521 Benjamin Hill C 1043 Benjamin Hill* O 11 Benton Res* O 23 Benton Res V 182 Benz Mining* O 1 Benz Mining V 33 Bessor Min V 5 Bird River Res C 101 Bitterroot Res* O 194 Bitterroot Res V 27

4.75 4.35 4.36 - 0.29 6.39 4.21 3.69 3.38 3.39 - 0.22 5.07 3.30 0.12 0.09 0.10 - 0.02 0.12 0.04 0.05 0.00 0.05 - 0.01 0.22 0.04 0.21 0.17 0.17 - 0.01 0.40 0.02 0.28 0.22 0.22 - 0.01 2.60 0.20 0.15 0.12 0.12 - 0.01 0.33 0.09 0.49 0.43 0.43 - 0.04 0.57 0.23 0.39 0.33 0.33 - 0.04 0.46 0.19 0.45 0.40 0.45 + 0.01 0.54 0.22 0.60 0.52 0.60 + 0.06 0.70 0.26 0.20 0.00 0.16 + 0.01 0.50 0.15 0.16 0.12 0.12 + 0.00 0.49 0.12 24.61 22.70 22.76 - 1.47 33.50 22.30 19.15 17.64 17.69 - 1.09 26.07 17.27 0.21 0.21 0.21 unch 0.00 0.57 0.18 0.30 0.00 0.30 + 0.02 0.75 0.23 0.06 0.04 0.04 - 0.03 0.13 0.04 0.05 0.03 0.03 - 0.02 0.10 0.03 0.70 0.57 0.59 - 0.04 1.23 0.32 0.92 0.73 0.78 - 0.03 1.54 0.40 0.26 0.19 0.21 + 0.01 1.08 0.20 0.05 0.00 0.05 + 0.01 0.12 0.04 0.04 0.00 0.04 unch 0.00 0.15 0.03 0.03 0.03 0.03 - 0.00 0.53 0.03 0.24 0.19 0.19 - 0.03 0.85 0.20 0.04 0.03 0.03 - 0.01 0.20 0.03 0.05 0.04 0.05 unch 0.00 0.19 0.04 0.18 0.00 0.18 unch 0.00 0.40 0.08 0.18 0.16 0.16 - 0.03 0.35 0.10 0.15 0.14 0.14 - 0.01 0.34 0.07 0.00 0.00 0.20 unch 0.00 0.20 0.20 0.99 0.78 0.80 - 0.20 1.96 0.81 0.77 0.60 0.60 - 0.13 1.60 0.62 0.00 0.00 0.20 unch 0.00 0.25 0.18 0.25 0.23 0.24 - 0.01 0.44 0.14 0.19 0.17 0.18 + 0.00 0.35 0.11 0.07 0.00 0.07 + 0.01 0.23 0.07 0.30 0.18 0.30 + 0.09 0.73 0.11 0.23 0.00 0.23 + 0.07 0.58 0.09 0.08 0.07 0.08 - 0.01 0.11 0.05 0.29 0.26 0.26 - 0.04 0.88 0.26 0.23 0.20 0.20 - 0.02 0.73 0.20 0.14 0.10 0.12 + 0.02 0.31 0.10 0.15 0.00 0.15 + 0.01 0.40 0.14 0.52 0.45 0.50 + 0.03 1.05 0.45 0.66 0.59 0.66 + 0.04 1.20 0.59 0.22 0.19 0.21 + 0.01 0.67 0.16 0.16 0.14 0.16 - 0.00 0.50 0.14 0.10 0.08 0.09 unch 0.00 0.19 0.07 0.12 0.00 0.12 + 0.02 0.24 0.10 0.36 0.00 0.36 + 0.00 0.67 0.35 0.47 0.00 0.47 unch 0.00 0.85 0.44 0.04 0.00 0.04 unch 0.00 0.09 0.02 0.12 0.00 0.11 - 0.01 0.22 0.11 0.06 0.05 0.05 - 0.01 0.13 0.04 0.08 0.00 0.07 - 0.01 0.16 0.06

(100s) Stock

Exc Volume

Week

12-month

High

Low

Last Change

Black Hills* N 1049 Black Iron* O 3 Black Iron T 150 24 Black Mammoth* O Black Mammoth V 0 Black Mountain V 19 1 Black Mountain* O Black Tusk Res* O 62 Black Tusk Res C 1030 Blackrock Silv V 393 952 Blackrock Silv* O Blackwolf Cop V 40 8 Blackwolf Cop* O Blind Creek V 12 225 Blue Lagoon* O C 277 Blue Lagoon Blue Moon V 67 O 11 Blue Moon* Blue River Res V 1516 181 Blue River Res* O 248 Blue Sky Uran* O Blue Sky Uran V 291 Blue Star Gold V 133 Blue Thunder V 536 BlueBird Batt* O 5 BlueBird Batt V 12 364 Bluejay Mining* O 273 Bluestone Res V Bluestone Res* O 33 V 26 BMEX Gold Bold Ventures V 69 Bolt Metals* O 20 C 4 Bolt Metals Bonanza Gold* O 2746 750 Bond Resources C BonTerra Res V 99 Boreal Metals V 65 30 Boreal Metals* O Borneo Res Inv* O 4047 6 Boundary Gold* O Boundary Gold V 0 Brascan Gold C 73 28 Bravada Gold V 208 Bravada Gold* O Braveheart Res V 233 Braveheart Res* O 201 Bravo Multinat* O 65 Brazil Min* O 22669 Brigadier Gold* O 20 139 Brigadier Gold V BrightRock* O 411 Brixton Metals* O 311 Brixton Metals V 1103 Brookmount Exp* O 596 984 Brunswick Expl V Bryn Res* O 19 BTU Metals* O 474 V 925 BTU Metals Buenaventura* N 2885 0 Buffalo Coal * O Buffalo Coal V 70 Bullet Explor V 1 40 Bullion Gold* O Bunker Hill C 403 V 69 BWR Explor

74.40 0.07 0.08 0.11 0.00 0.27 0.21 0.01 0.02 0.63 0.54 0.40 0.31 0.04 0.28 0.37 0.03 0.02 0.03 0.02 0.13 0.17 0.62 0.02 0.03 0.03 0.08 0.90 0.69 0.08 0.12 0.09 0.12 0.00 0.02 0.99 0.08 0.06 0.00 0.03 0.00 0.07 0.04 0.03 0.08 0.06 0.04 0.01 0.01 0.02 0.21 0.10 0.14 0.06 0.29 0.02 0.02 0.04 7.21 0.01 0.03 0.00 0.05 0.24 0.03

71.50 0.06 0.07 0.11 0.00 0.00 0.21 0.01 0.01 0.56 0.44 0.00 0.30 0.00 0.25 0.33 0.00 0.02 0.02 0.02 0.10 0.14 0.50 0.00 0.00 0.00 0.06 0.81 0.64 0.00 0.00 0.08 0.00 0.00 0.00 0.87 0.00 0.05 0.00 0.02 0.00 0.00 0.00 0.02 0.00 0.05 0.04 0.01 0.01 0.00 0.18 0.09 0.12 0.04 0.25 0.01 0.02 0.03 6.55 0.01 0.00 0.00 0.05 0.20 0.00

C2C Gold* O 72 V 1624 C3 Metals O 275 Cabral Gold* Cabral Gold V 359 0 Cadence Min* O Caledonia Mng* X 99 T 3155 Calibre Mng Calibre Mng* O 974 Califfi Cap V 0 23 Callinex Mines* O Callinex Mines V 25 Cameco Corp* N 19667 Cameco Corp T 4813 Camino Min V 50 O 29 Camino Min* Canada Carbon V 553 Canada Carbon* O 59 414 Canada Nickel V Canada Nickel* O 83 Canada One V 0 Canada Rare V 618 Canada Rare* O 240 Canada Silver V 731 Canada Silver* O 190 Canadian Metal* O 12 Canadian Metal C 51 Canadian Prem* O 4 Canadian Prem V 7 Canadian Silv V 130 Canagold Res T 356 85 Canagold Res* O CanAlaska Uran V 643 CanAlaska Uran* O 424 Canamera Energ C 0 Canasil Res V 116 Candelaria Mg* O 3 Candelaria Mg V 51 Candente Coppr T 379 Candente Gold* O 30 Candente Gold V 171 CANEX Metals * O 47 CANEX Metals V 526 CaNickel Mng V 1 CaNickel Mng* O 0 Canoe Mng Vent V 10 V 182 Canstar Res Canstar Res* O 115 Canterra Min* O 23 Canterra Min V 257 Cantex Mn Dev* O 8 Cantex Mn Dev V 8 Canuc Res V 61 Canuc Res* O 82 V 50 Capella Min Capella Min* O 113 Capitan Mining V 29 Capitan Mining* O 31 Capstone Mng T 6616 Cariboo Rose V 17 V 0 Carlin Gold Carlyle Comm* O 337 Carrara Explor C 86 Cartier Iron C 2575 O 383 Cartier Res* Cartier Res V 505 Casa Minerals V 27 Casa Minerals * O 6 Cascada Silver C 229 Cascadero Copp V 5 V 330 Cassiar Gold Cassius Vents V 0 CAT Strategic C 129 CAT Strategic* O 42 CAVU Mining* O 23 CAVU Mining C 81 Cdn Goldcamps C 518 266 Cdn Manganese CDN Maverick* O 0 Cdn Palladium C 706 Cdn Palladium* O 1092 Centamin T 46 Centerra Gold T 1808 Central Afric V 13 Central Iron V 105 Centurion Mnls V 0 Century Cobalt* O 24 Century Global* O 2 Century Global T 12 Cerrado Gold V 114 Cerro de Pasc C 136 Cerro Grande* O 200 Cerro Grande C 7 Cerro Mng* O 0 Ceylon Graph V 82

0.12 0.09 0.10 - 0.01 0.43 0.09 0.06 0.05 0.05 - 0.01 0.25 0.05 0.21 0.19 0.20 - 0.01 0.52 0.18 0.27 0.25 0.26 - 0.01 0.55 0.23 0.00 0.00 0.21 unch 0.00 0.45 0.21 11.99 10.75 10.95 - 0.89 18.23 10.51 1.17 0.96 0.97 - 0.09 1.81 1.02 0.91 0.74 0.76 - 0.08 1.56 0.78 0.00 0.00 0.12 unch 0.00 0.18 0.09 1.44 1.29 1.29 - 0.10 3.90 1.36 1.86 1.66 1.70 - 0.11 4.80 1.76 23.51 20.34 21.02 - 1.48 32.49 15.34 30.31 26.32 27.06 - 1.95 41.05 19.68 0.06 0.00 0.05 unch 0.00 0.17 0.04 0.04 0.04 0.04 + 0.00 0.15 0.03 0.06 0.05 0.05 - 0.01 0.18 0.04 0.04 0.03 0.03 - 0.01 0.14 0.01 1.63 1.42 1.49 - 0.11 4.01 1.41 1.30 1.13 1.14 - 0.10 3.19 1.09 0.00 0.00 0.12 unch 0.00 0.12 0.05 0.04 0.00 0.03 - 0.01 0.10 0.03 0.03 0.02 0.02 - 0.01 0.08 0.02 0.14 0.12 0.12 unch 0.00 0.42 0.11 0.11 0.09 0.10 + 0.01 0.33 0.09 0.08 0.08 0.08 unch 0.00 0.23 0.00 0.12 0.00 0.12 + 0.02 0.31 0.09 0.21 0.21 0.21 unch 0.00 0.53 0.21 0.34 0.00 0.32 - 0.03 0.63 0.27 0.04 0.00 0.04 + 0.01 0.09 0.03 0.32 0.27 0.27 - 0.02 0.70 0.25 0.24 0.21 0.24 + 0.02 0.55 0.20 0.33 0.27 0.29 - 0.03 0.84 0.27 0.26 0.21 0.21 - 0.03 0.67 0.21 0.00 0.00 0.34 unch 0.00 0.50 0.32 0.07 0.00 0.07 unch 0.00 0.16 0.07 0.09 0.09 0.09 + 0.00 0.49 0.08 0.10 0.00 0.10 unch 0.00 0.64 0.10 0.14 0.13 0.13 - 0.01 0.26 0.11 0.07 0.06 0.06 - 0.01 0.12 0.04 0.10 0.00 0.10 + 0.01 0.20 0.05 0.11 0.09 0.09 - 0.01 0.20 0.07 0.13 0.12 0.13 unch 0.00 0.20 0.09 0.06 0.00 0.06 - 0.05 0.23 0.06 0.06 0.00 0.06 - 0.01 0.17 0.06 0.06 0.00 0.06 unch 0.00 0.20 0.06 0.11 0.00 0.11 - 0.02 0.61 0.09 0.09 0.08 0.09 - 0.00 0.51 0.08 0.07 0.00 0.07 + 0.01 0.37 0.06 0.10 0.09 0.10 + 0.01 0.43 0.09 0.23 0.20 0.21 - 0.03 0.44 0.19 0.27 0.00 0.27 + 0.01 0.59 0.23 0.08 0.00 0.08 + 0.01 0.25 0.07 0.06 0.05 0.06 unch 0.00 0.20 0.05 0.06 0.00 0.06 + 0.01 0.12 0.05 0.04 0.03 0.04 - 0.00 0.10 0.01 0.30 0.27 0.27 - 0.04 0.74 0.18 0.23 0.21 0.21 unch 0.00 0.65 0.13 3.93 3.12 3.25 - 0.38 7.79 3.30 0.05 0.00 0.05 + 0.01 0.08 0.04 0.00 0.00 0.02 unch 0.00 0.06 0.02 0.04 0.02 0.02 - 0.00 0.09 0.02 0.03 0.00 0.03 + 0.01 0.03 0.02 0.07 0.06 0.06 unch 0.00 0.15 0.02 0.11 0.08 0.09 + 0.00 0.23 0.01 0.12 0.11 0.12 + 0.01 0.27 0.10 0.12 0.00 0.12 + 0.01 0.28 0.09 0.15 0.09 0.09 unch 0.00 0.22 0.08 0.04 0.04 0.04 - 0.01 0.10 0.03 0.02 0.00 0.02 + 0.01 0.04 0.01 0.56 0.51 0.54 - 0.02 1.48 0.35 0.00 0.00 0.05 unch 0.00 0.17 0.05 0.03 0.03 0.03 unch 0.00 0.06 0.02 0.02 0.02 0.02 unch 0.00 0.06 0.01 0.17 0.13 0.17 + 0.01 1.18 0.10 0.23 0.00 0.20 - 0.02 0.70 0.19 0.36 0.00 0.35 - 0.08 1.40 0.34 0.25 0.19 0.25 + 0.05 0.50 0.10 0.00 0.00 0.17 unch 0.00 0.24 0.15 0.07 0.06 0.07 + 0.01 0.16 0.05 0.06 0.04 0.05 - 0.00 0.13 0.04 1.30 1.22 1.24 - 0.04 1.89 1.15 9.43 8.61 8.73 - 0.44 13.52 8.46 0.06 0.00 0.05 unch 0.00 0.28 0.04 0.05 0.00 0.05 unch 0.00 0.08 0.04 0.00 0.00 0.07 unch 0.00 0.07 0.07 0.04 0.03 0.04 - 0.01 0.07 0.01 0.11 0.02 0.02 - 0.09 0.33 0.02 0.14 0.00 0.13 unch 0.00 0.42 0.12 1.65 1.51 1.52 unch 0.00 1.96 1.23 0.23 0.00 0.22 - 0.01 0.38 0.19 0.01 0.01 0.01 unch 0.00 0.03 0.00 0.01 0.00 0.01 unch 0.00 0.03 0.01 0.07 0.07 0.07 unch 0.00 0.29 0.15 0.16 0.00 0.14 - 0.01 0.27 0.12

72.77 + 0.06 0.07 0.11 unch 0.13 unch 0.27 + 0.21 0.01 0.02 unch 0.56 0.44 0.40 + 0.31 + 0.04 + 0.26 0.33 0.03 unch 0.02 0.02 0.02 + 0.11 0.14 0.62 + 0.02 unch 0.02 0.03 0.07 0.84 0.66 0.08 + 0.10 0.08 + 0.12 + 0.00 0.02 unch 0.92 0.08 + 0.05 + 0.00 0.02 0.03 unch 0.06 0.03 unch 0.02 + 0.08 unch 0.06 + 0.04 0.01 + 0.01 0.02 unch 0.20 0.10 + 0.14 + 0.04 0.26 + 0.01 unch 0.02 unch 0.04 + 6.60 0.01 unch 0.02 unch 0.05 unch 0.05 unch 0.20 0.03 unch

High Low

1.28 80.95 61.95 0.01 0.39 0.05 0.01 0.47 0.06 0.00 0.18 0.06 0.00 0.22 0.08 0.01 0.58 0.25 0.02 0.51 0.15 0.00 0.03 0.01 0.00 0.04 0.02 0.06 1.30 0.58 0.05 1.08 0.45 0.01 1.33 0.35 0.01 1.12 0.25 0.01 0.12 0.03 0.02 0.61 0.26 0.03 0.74 0.33 0.00 0.06 0.02 0.00 0.05 0.01 0.01 0.03 0.01 0.00 0.02 0.00 0.02 0.29 0.09 0.02 0.37 0.12 0.02 0.79 0.31 0.00 0.06 0.02 0.01 0.10 0.02 0.01 0.12 0.03 0.01 0.24 0.07 0.04 2.30 0.79 0.03 1.79 0.62 0.02 0.22 0.05 0.01 0.17 0.07 0.00 0.33 0.07 0.01 0.43 0.10 0.00 0.04 0.00 0.00 0.10 0.01 0.04 1.52 0.93 0.02 0.30 0.06 0.00 0.23 0.04 0.00 0.02 0.00 0.01 0.03 0.02 0.00 0.04 0.03 0.01 0.69 0.06 0.00 0.09 0.03 0.00 0.07 0.02 0.00 0.12 0.07 0.01 0.09 0.05 0.00 0.18 0.02 0.00 0.02 0.00 0.00 0.08 0.01 0.00 0.10 0.01 0.00 0.21 0.02 0.00 0.20 0.09 0.01 0.24 0.12 0.00 0.76 0.02 0.02 0.29 0.11 0.00 0.06 0.01 0.00 0.19 0.02 0.01 0.15 0.03 0.50 12.35 6.11 0.00 0.04 0.01 0.00 0.06 0.01 0.00 0.15 0.04 0.00 0.20 0.00 0.05 0.42 0.17 0.00 0.06 0.03

C

(100s) Stock

Exc Volume

Ceylon Graph* O 50 Chakana Copper V 250 Chakana Copper* O 86 12 Chalice Gold M* O Champion Bear* O 20 Champion Bear V 0 14 Champion Iron* O Champion Iron T 1828 Chatham Rock V 176 Chatham Rock* O 3 25 Chesapeake Gld V Chesapeake Gld* O 52 Chevron Corp* N 37317 Chiboug Ind Mn V 62 1 Chiboug Ind Mn* O 554 Chilean Metals V Chilean Metals* O 18 39 China Gold Int T Churchill Res V 54 Cipher Mining* D 1329 O 11 Clarity Gold* Clarity Gold C 14 Class 1 Nickel C 12 Clean Air Met V 2303 Clean Comm* O 5 Cleghorn Min V 0 Cleveland-Clif* N 72219 Cliffmont Res V 0 Clifton Mng* O 9 0 Clydesdale Res V CMC Metals* O 186 CMC Metals V 489 4 CMX Gold & Sil C CNRP Mng C 267 15 Coast Copper V Cobalt Block V 11 Cobalt Block* O 124 N 17010 Coeur Mng* Collective Mg* O 0 1981 Colombia Crest V Colombia Crest* O 16 Colonial Coal V 720 V 4 Comet Inds 10 Commander Res V Commander Res* O 0 Commerce Res V 98 Commerce Res* O 5 Compass Gold V 153 Comstock Mng* X 1308 5 Comstock Mtls V Comstock Mtls * O 15 Condor Gold* O 18 Condor Gold T 18 Condor Res V 25 O 48 Condor Res* Conquest Res * O 6 Conquest Res V 112 174 Cons Uranium* O Cons Uranium V 314 154 Cons Woodjam V CONSOL Energy* N 15218 CONSOL Energy* N 2775 237 Constantine Mt* O Constantine Mt V 208 6 Contact Gold* O Contact Gold V 270 Contact Mnrls* O 79 V 264 CopAur Min CopAur Min* O 109 Copper Fox Mtl* O 42 Copper Fox Mtl V 204 Copper Lake Rs V 344 Copper Mtn Mng T 2744 Copper Mtn Mng* O 348 Copper One * O 213 Copperbank Res C 184 Cordoba Mnls V 6 Cordoba Mnls* O 11 C 190 Core Assets 15 Cornerstone Ca V Cornerstone Ca* O 1 Corsa Coal * O 267 V 146 Corsa Coal Cortus Metals V 1 188 CoTec Holdings V Crest Resource C 265 Crestview Expl C 44 64 Critical Elem* O Critical Elem V 576 Cross River* O 8 Cross River C 1337 Crown Mining V 1008 Crown Mining* O 20 Cruz Battery* O 50 Cruz Battery C 127 Currie Rose Rs V 1 CWN M’g Acq V 2 Cyntar Venture C 9 Cypress Dev* O 656 Cypress Dev V 1252

Week High

Low

12-month

Last Change

High Low

0.12 0.00 0.11 - 0.01 0.22 0.09 0.13 0.12 0.12 - 0.01 0.45 0.11 0.10 0.09 0.10 - 0.00 0.38 0.09 2.83 2.65 2.65 unch 0.00 7.69 2.60 0.10 0.10 0.10 unch 0.00 0.18 0.05 0.00 0.00 0.20 unch 0.00 0.25 0.08 3.90 3.68 3.68 - 0.06 6.02 2.94 5.07 4.65 4.72 - 0.12 7.59 3.71 0.25 0.00 0.20 - 0.05 0.46 0.09 0.16 0.16 0.16 + 0.01 0.26 0.08 2.30 2.11 2.30 + 0.12 4.56 2.00 1.80 1.63 1.80 + 0.19 3.66 1.56 152.19 143.41 144.78 + 0.01 182.40 92.86 0.15 0.00 0.15 + 0.04 0.30 0.11 0.09 0.09 0.09 unch 0.00 0.22 0.09 0.12 0.10 0.10 - 0.01 0.30 0.10 0.09 0.08 0.08 - 0.01 0.23 0.08 3.80 3.57 3.59 - 0.05 5.45 3.02 0.19 0.00 0.19 + 0.04 0.45 0.15 1.69 1.26 1.37 - 0.20 15.39 1.26 0.08 0.00 0.07 - 0.01 0.68 0.07 0.14 0.00 0.14 unch 0.00 0.83 0.11 0.21 0.21 0.21 - 0.01 0.65 0.10 0.18 0.15 0.16 - 0.01 0.33 0.15 0.16 0.05 0.05 - 0.02 0.39 0.00 0.00 0.00 0.08 unch 0.00 0.17 0.08 17.10 14.75 15.37 - 1.11 34.04 15.16 0.00 0.00 0.10 unch 0.00 0.23 0.06 0.17 0.14 0.17 + 0.01 0.28 0.13 0.00 0.00 0.10 unch 0.00 0.10 0.05 0.13 0.10 0.10 - 0.02 0.21 0.03 0.16 0.14 0.15 - 0.01 0.25 0.08 0.10 0.10 0.10 unch 0.00 0.12 0.05 0.09 0.08 0.09 unch 0.00 0.42 0.08 0.07 0.00 0.07 unch 0.00 0.16 0.07 0.02 0.00 0.02 + 0.01 0.07 0.02 0.02 0.01 0.01 - 0.00 0.05 0.01 3.58 3.02 3.04 - 0.47 9.23 3.01 0.00 0.00 2.77 unch 0.00 3.50 1.89 0.87 0.66 0.71 - 0.14 0.97 0.10 0.68 0.65 0.65 - 0.02 0.75 0.08 2.24 1.73 1.96 + 0.27 3.73 0.55 3.95 0.00 3.95 - 0.05 4.00 2.90 0.10 0.00 0.10 unch 0.00 0.21 0.09 0.06 0.06 0.06 unch 0.00 0.16 0.06 0.22 0.19 0.20 + 0.01 0.32 0.19 0.15 0.00 0.15 + 0.00 0.25 0.14 0.12 0.00 0.10 - 0.03 0.20 0.11 0.77 0.61 0.62 - 0.12 3.90 0.61 0.08 0.00 0.08 + 0.02 0.11 0.06 0.06 0.00 0.06 + 0.01 0.09 0.06 0.38 0.30 0.37 - 0.02 0.69 0.30 0.38 0.00 0.37 - 0.01 0.89 0.38 0.12 0.00 0.11 - 0.01 0.24 0.08 0.10 0.09 0.09 unch 0.00 0.19 0.01 0.03 0.03 0.03 - 0.00 0.16 0.02 0.05 0.00 0.03 - 0.01 0.20 0.03 1.50 1.29 1.37 - 0.05 2.67 1.16 1.95 1.64 1.79 + 0.02 3.29 1.51 0.09 0.08 0.08 + 0.01 0.20 0.07 17.89 16.19 16.46 - 0.67 24.21 10.41 56.79 47.92 49.38 - 0.82 59.38 16.15 0.23 0.19 0.20 - 0.02 0.60 0.17 0.28 0.00 0.24 - 0.05 0.77 0.22 0.04 0.03 0.03 - 0.01 0.08 0.02 0.05 0.04 0.04 - 0.01 0.10 0.04 0.05 0.01 0.01 unch 0.00 39.00 2.70 0.66 0.52 0.52 - 0.10 1.70 0.55 0.49 0.40 0.40 - 0.06 1.34 0.43 0.17 0.15 0.16 + 0.01 0.38 0.14 0.21 0.19 0.20 - 0.01 0.47 0.18 0.10 0.09 0.09 - 0.01 0.21 0.04 2.11 1.64 1.70 - 0.14 4.38 1.66 1.62 1.28 1.32 - 0.10 3.45 1.28 0.02 0.01 0.01 - 0.01 0.20 0.02 0.70 0.60 0.60 - 0.06 1.00 0.35 0.51 0.00 0.51 - 0.02 0.90 0.35 0.42 0.00 0.42 + 0.01 0.75 0.01 0.57 0.51 0.53 - 0.02 0.88 0.07 3.49 3.09 3.35 - 0.09 5.28 3.09 2.60 0.00 2.57 - 0.34 4.10 0.65 0.27 0.23 0.25 + 0.01 0.87 0.18 0.34 0.00 0.32 unch 0.00 1.10 0.24 0.05 0.00 0.05 unch 0.00 0.17 0.05 0.50 0.39 0.44 + 0.04 0.80 0.19 0.05 0.00 0.04 - 0.01 0.16 0.04 0.23 0.00 0.23 + 0.06 0.47 0.13 1.10 1.05 1.07 - 0.00 1.65 0.87 1.45 1.36 1.40 + 0.02 1.98 1.13 0.05 0.05 0.05 unch 0.00 0.31 0.03 0.05 0.04 0.04 - 0.00 0.21 0.04 0.05 0.00 0.05 unch 0.00 0.21 0.04 0.05 0.00 0.03 - 0.01 0.18 0.03 0.13 0.11 0.11 - 0.00 0.27 0.06 0.17 0.15 0.15 - 0.01 0.34 0.09 0.03 0.00 0.03 - 0.01 0.15 0.03 0.10 0.00 0.10 + 0.03 0.10 0.07 0.35 0.34 0.35 - 0.01 0.99 0.32 1.04 0.76 0.83 - 0.16 2.13 0.73 1.26 0.97 1.07 - 0.19 2.61 0.92

D-F Dajin Lithium* O 16 Dajin Res V 6 Damara Gold* O 384 Damara Gold V 65 Danakali* O 282 Decade Res V 194 Deep-South Res V 204 15 Deep-South Res* O DeepRock Min C 413 Defense Metals* O 176 Defense Metals V 320 Defiance Silvr V 2043 Defiance Silvr* O 1194 Delrand Res V 89 Denarius Metal V 1133 Denison Mines T 6412 Denison Mines* X 22175 Desert Gold* O 61 Desert Gold V 730 477 Desert Mtn Egy V Diamante Min* O 0 Diamcor Mng V 113 Diamcor Mng* O 209 Diamond Fields V 0 Dios Expl V 194 Discovery Harb* O 239 Discovery Harb V 529 Discovery Silv V 1727 Discovery Silv* O 676 Discovery-Corp V 0 O 0 District Cop* District Cop V 49 District Metal* O 6 District Metal V 1939 District Mines V 1 Dixie Gold V 26 DLP Resouces V 102 Dolly Vard Sil V 514 224 Dolly Vard Sil* O Dore Copper V 10 Doubleview Gld V 47 Doubleview Gld* O 46 DRDGOLD* N 695 Dundee Prec Mt T 1288 Durango Res* O 276 Durango Res V 168 DV Resources V 4117 Dynacor Gld Mn T 103 Dynacor Gld Mn* O 9 DynaResource* O 8 Dynasty Gold V 0 E2Gold Inc* O 249 E2Gold Inc V 115 E3 Metals V 1695 E3 Metals* O 253 E79 Resources* O 16 E79 Resources C 290 Eagle Graphite V 35 Eagle Graphite* O 0

0.51 0.64 0.03 0.05 0.19 0.03 0.05 0.04 0.04 0.19 0.24 0.31 0.24 0.09 0.24 1.47 1.14 0.09 0.12 2.54 4.40 0.22 0.17 0.00 0.05 0.01 0.02 1.41 1.08 0.00 0.00 0.09 0.09 0.14 0.06 0.10 0.18 0.70 0.54 0.49 0.28 0.21 6.58 7.01 0.06 0.07 0.11 3.16 2.47 2.00 0.00 0.04 0.06 2.83 2.20 0.19 0.25 0.13 0.07

0.34 0.00 0.02 0.00 0.16 0.00 0.00 0.04 0.03 0.16 0.21 0.23 0.18 0.00 0.20 1.22 0.95 0.08 0.10 2.00 0.00 0.18 0.14 0.00 0.00 0.01 0.00 1.13 0.87 0.00 0.00 0.00 0.09 0.11 0.00 0.00 0.14 0.66 0.49 0.00 0.24 0.19 5.81 6.36 0.05 0.06 0.07 2.95 0.00 1.85 0.00 0.03 0.05 2.18 1.70 0.17 0.19 0.00 0.00

0.42 + 0.60 + 0.03 unch 0.04 unch 0.17 0.03 unch 0.04 0.04 0.04 + 0.18 + 0.23 + 0.24 0.19 0.07 + 0.20 1.27 0.97 0.08 + 0.10 2.18 4.40 + 0.18 0.14 0.19 unch 0.04 0.01 unch 0.01 + 1.15 0.90 0.08 unch 0.11 unch 0.09 + 0.09 0.13 unch 0.06 0.10 + 0.15 unch 0.69 0.53 0.46 + 0.24 0.19 5.87 6.41 0.06 + 0.07 + 0.10 + 3.00 unch 2.34 + 1.95 + 0.11 unch 0.04 0.06 unch 2.32 1.80 0.17 0.20 0.12 + 0.07 unch

0.01 0.08 0.00 0.00 0.02 0.00 0.01 0.01 0.01 0.01 0.02 0.08 0.06 0.01 0.03 0.12 0.12 0.00 0.01 0.33 0.10 0.02 0.01 0.00 0.01 0.00 0.01 0.27 0.18 0.00 0.00 0.01 0.01 0.00 0.02 0.02 0.00 0.02 0.01 0.01 0.02 0.01 0.58 0.54 0.00 0.01 0.02 0.00 0.07 0.05 0.00 0.00 0.00 0.37 0.30 0.00 0.01 0.03 0.00

2.45 1.31 0.09 0.11 0.42 0.06 0.09 0.08 0.10 0.28 0.36 0.80 0.65 0.09 0.73 2.64 2.14 0.14 0.19 4.95 7.88 0.52 0.43 0.30 0.13 0.10 0.11 2.27 1.87 0.11 0.34 0.45 0.53 0.35 0.28 0.32 0.30 0.88 0.70 0.99 1.18 1.22 11.12 9.65 0.08 0.09 0.13 3.50 2.80 2.45 0.26 0.24 0.30 3.49 2.82 1.20 1.48 0.22 0.16

0.00 0.42 0.00 0.04 0.16 0.02 0.04 0.03 0.03 0.13 0.17 0.24 0.19 0.02 0.21 1.17 0.92 0.06 0.08 1.65 3.75 0.19 0.14 0.16 0.04 0.01 0.01 1.14 0.88 0.07 0.09 0.05 0.07 0.10 0.06 0.09 0.14 0.42 0.33 0.44 0.20 0.16 6.00 6.43 0.03 0.04 0.07 2.39 1.92 0.10 0.11 0.03 0.05 1.59 1.24 0.14 0.21 0.09 0.00

GLOBAL MINING NEWS

(100s) Stock

Exc Volume

Eagle Plains V 82 Earl Res V 0 East Africa * O 1 East Africa V 95 Eastern Platin T 65 Eastern Platin* O 5 Eastfield Res V 35 73 Eastfield Res* O Eco Oro Min C 150 Eco Oro Min* O 200 Edgemont Gold C 36 Edgewater Expl V 126 Edison Battery* O 125 Edison Battery V 188 C 189 EEE Explor El Nino Vent V 0 Elcora Adv Mat V 29 Elcora Res* O 12 Eldorado Gold* N 5739 Eldorado Gold T 1245 O 355 Element 29* C 393 Element79 Elevation Gold* O 185 984 Elevation Gold V Eloro Res V 374 Eloro Res* O 167 V 22 Elysee Dev O 2 Elysee Dev * Emerita Res V 1020 Emerita Res* O 191 38 Emgold Mining* O Emgold Mining V 211 Eminent Gold V 40 Eminent Gold* O 21 O 12 EMP Metals* EMP Metals C 98 Emperor Metals C 14 EMX Royalty V 12 250 EMX Royalty* X Encanto Potash V 497 EnCore Energy V 1688 1813 Endeavour Mng T Endeavr Silver* N 8983 Endeavr Silver T 1122 Endurance Gold* O 48 524 Endurance Gold V Enduro Metals V 87 Enduro Metals* O 81 T 2495 Energy Fuels Energy Fuels* X 14843 Engineer Gold V 61 Engold Mines V 8 13 Engold Mines* O Entree Res* O 18 Entree Res T 92 Equinox Gold T 2033 Equinox Gold* X 9241 311 Equity Metals* O Equity Metals V 260 341 Erdene Res Dev T 79 Erdene Res Dev* O 295 Erin Ventures* O Erin Ventures V 1353 Ero Copper T 1212 N 528 Ero Copper* Eros Res Corp* O 0 19 Eros Res Corp V Eros Res Corp V 19 O 77 Eskay Mng* Eskay Mng V 393 77 Essex Minerals V Ethos Gold* O 56 V 236 Ethos Gold Etruscus Res* O 122 Etruscus Res C 276 160 Euro Manganese V 142 Euro Manganese* O T 337 Euro Sun Mg Euro Sun Mg* O 59 428 EurOmax Res T 4 European Elect* O European Elect V 27 1 European Metal* O Evergold V 32 O 15 Evergold* EVI Global Grp C 390 Evolving Gold* O 12 V 173 Evrim Res Excellon Res T 70 83 Excellon Res* X Excelsior Mng* O 615 936 Excelsior Mng T ExGen Res Inc* O 0 ExGen Res Inc V 46 Exploits Disc* O 251 143 Fabled Silver* O Fabled Silver V 337 Fairchild Gold V 0 Falco Res V 430 Falco Res * O 52 Falcon Gold V 433 Falcon Gold* O 270 Fancamp Expl V 55 Fathom Nickel C 201 Fathom Nickel* O 27 FenixOro Gold* O 387 FenixOro Gold C 409 Fidelity Min* O 0 Fidelity Min V 102 Filo Mg Corp T 1004 Filo Mg Corp * O 86 Finlay Minrls V 167 93 FireFox Gold* O FireFox Gold V 99 Firestone Vent V 51 Fireweed Zinc* O 34 Fireweed Zinc V 1070 First Cobalt V 246 First Energy C 294 First Energy* O 35 First Idaho V 0 First Majestic* N 20193 First Majestic T 2487 First Mg Fin T 765 511 First Mg Fin * O First Point* O 151 First Quantum T 14475 First Tellur C 54 First Tellur* O 105 Fission 3.0 V 2089 Fission 3.0* O 212 507 Fission Uran* O Fission Uran T 4039 Five Star Diam V 86 Five Star Diam* O 87 20 Fjordland Exp* O Fjordland Exp V 400 Flow Metals C 48 Focus Graphite* O 108 Focus Graphite V 337 Fokus Mining V 118 Foran Mining* O 15 Foran Mining V 1744 Foremost Lith* O 176 Foremost Lith C 1746 Forsys Metals T 463 4 Fort St James V Fortescue Met* O 51 Fortuna Silvr T 2595 Fortuna Silvr* N 16855 Fortune Bay V 6 Fortune Bay* O 18 Fortune Min* O 94 Fortune Min T 223 Forty Pillars C 14 Forum Energy* O 625 Forum Energy V 614 Fosterville V 109 Founders Metal V 0 Four Nines C 4 Fox River Res C 209 FPX Nickel V 140 Franco-Nevada* N 2134 Franco-Nevada T 1822 Franklin Mng* O 463 Fredonia Mg V 0 Freegold Vent T 1319 Freeman Gold* O 308 Freeport McMoR* N 75522 Freeport Res V 152

THE NORTHERN MINER / JULY 11 — 24, 2022

Week High

0.16 0.00 0.17 0.22 0.21 0.17 0.06 0.04 0.08 0.06 0.05 0.13 0.07 0.09 0.10 0.00 0.05 0.03 7.26 9.30 0.27 0.56 0.15 0.19 3.62 2.80 0.64 0.52 1.37 1.05 0.20 0.24 0.45 0.36 0.37 0.48 0.10 2.50 1.96 0.04 1.29 28.26 3.63 4.66 0.32 0.42 0.22 0.16 7.69 5.98 0.03 0.17 0.16 0.65 0.84 6.67 5.17 0.07 0.09 0.32 0.24 0.06 0.10 12.53 9.73 0.06 0.08 0.08 1.50 2.00 0.03 0.40 0.52 0.07 0.12 0.27 0.25 0.13 0.12 0.06 0.05 0.06 0.02 0.10 0.08 0.03 0.31 0.39 0.67 0.51 0.15 0.18 0.06 0.08 0.15 0.06 0.07 0.00 0.27 0.19 0.09 0.09 0.12 0.22 0.16 0.18 0.18 0.00 0.09 20.34 15.75 0.09 0.09 0.12 0.10 0.49 0.65 4.39 0.14 0.10 0.00 8.20 10.56 0.23 0.18 0.43 27.94 0.16 0.12 0.10 0.08 0.57 0.73 0.03 0.03 0.05 0.06 0.02 0.03 0.28 0.07 1.89 2.46 0.13 0.18 0.61 0.06 12.76 4.16 3.25 0.54 0.44 0.08 0.10 0.09 0.09 0.13 0.39 0.00 0.60 0.33 0.55 140.74 180.98 0.02 0.00 0.32 0.32 32.30 0.05

Low

12-month

Last Change

0.00 0.15 unch 0.00 0.45 unch 0.17 0.17 unch 0.00 0.19 0.20 0.20 0.14 0.14 0.05 0.05 + 0.04 0.04 0.00 0.08 unch 0.06 0.06 + 0.04 0.05 + 0.00 0.13 0.05 0.06 0.00 0.09 + 0.10 0.10 + 0.00 0.02 unch 0.00 0.05 + 0.00 0.03 6.37 6.39 8.21 8.21 0.25 0.26 0.33 0.36 0.12 0.13 0.16 0.17 3.13 3.25 2.43 2.61 0.00 0.62 + 0.49 0.49 + 1.21 1.22 0.94 0.95 0.12 0.20 + 0.16 0.24 + 0.41 0.43 0.33 0.33 0.34 0.35 0.42 0.44 0.10 0.10 unch 2.39 2.39 1.81 1.85 0.03 0.03 1.06 1.08 26.26 26.63 3.10 3.14 4.02 4.04 0.26 0.31 + 0.33 0.41 + 0.19 0.19 0.15 0.16 unch 6.16 6.34 4.76 4.91 0.00 0.03 + 0.00 0.17 unch 0.12 0.12 0.58 0.65 0.75 0.84 + 5.72 5.74 4.44 4.44 0.06 0.07 + 0.08 0.08 0.28 0.30 0.22 0.23 0.05 0.06 + 0.00 0.09 + 10.82 10.87 8.38 8.43 0.00 0.06 unch 0.00 0.08 unch 0.00 0.08 unch 1.32 1.48 + 1.69 1.75 0.00 0.03 unch 0.29 0.36 + 0.39 0.47 + 0.07 0.07 unch 0.07 0.08 0.21 0.25 + 0.19 0.19 + 0.11 0.12 unch 0.08 0.10 + 0.05 0.06 0.04 0.04 0.00 0.06 0.02 0.02 0.10 0.10 unch 0.08 0.08 + 0.02 0.02 0.31 0.31 unch 0.36 0.36 0.58 0.60 unch 0.45 0.45 0.12 0.13 0.16 0.17 0.06 0.06 unch 0.00 0.08 + 0.11 0.12 0.04 0.05 0.05 0.06 0.00 0.12 unch 0.23 0.23 0.18 0.18 0.07 0.08 + 0.06 0.06 + 0.00 0.12 unch 0.18 0.20 0.14 0.15 + 0.12 0.13 0.15 0.16 0.00 0.07 unch 0.00 0.09 unch 17.39 17.80 13.50 13.80 0.08 0.08 0.08 0.08 0.11 0.11 0.00 0.07 0.45 0.45 0.58 0.59 3.56 3.60 0.11 0.12 0.08 0.10 0.00 0.09 unch 7.06 7.18 9.13 9.23 0.21 0.21 0.16 0.17 0.39 0.39 + 23.58 24.42 0.14 0.14 0.10 0.11 + 0.08 0.08 0.06 0.06 0.45 0.48 0.59 0.61 0.00 0.03 unch 0.02 0.03 0.05 0.05 unch 0.00 0.05 0.02 0.02 unch 0.03 0.03 unch 0.21 0.24 0.00 0.06 1.71 1.82 + 2.16 2.39 + 0.10 0.11 0.13 0.14 0.52 0.56 unch 0.00 0.06 11.80 11.80 3.62 3.66 2.80 2.84 0.00 0.52 0.00 0.35 0.07 0.07 + 0.09 0.10 + 0.06 0.06 0.08 0.08 0.10 0.10 0.37 0.37 unch 0.00 0.40 unch 0.60 0.60 + 0.25 0.31 0.50 0.51 + 131.13 131.58 168.93 169.32 0.01 0.01 + 0.00 0.14 unch 0.29 0.31 + 0.27 0.27 28.99 29.26 0.00 0.05 unch

0.00 0.00 0.00 0.01 0.02 0.03 0.01 0.00 0.00 0.00 0.01 0.01 0.00 0.01 0.01 0.00 0.01 0.00 0.72 0.95 0.02 0.18 0.01 0.01 0.27 0.14 0.02 0.01 0.02 0.02 0.07 0.07 0.01 0.02 0.03 0.05 0.00 0.16 0.10 0.01 0.15 0.85 0.39 0.49 0.04 0.07 0.02 0.00 1.01 0.80 0.01 0.00 0.04 0.00 0.03 0.92 0.73 0.00 0.02 0.03 0.02 0.02 0.04 1.05 0.87 0.00 0.00 0.00 0.04 0.12 0.00 0.07 0.09 0.00 0.01 0.01 0.00 0.00 0.01 0.01 0.02 0.02 0.00 0.00 0.01 0.01 0.00 0.02 0.00 0.00 0.02 0.01 0.00 0.01 0.02 0.01 0.01 0.00 0.01 0.03 0.01 0.00 0.00 0.02 0.00 0.02 0.02 0.00 0.00 1.76 1.32 0.01 0.00 0.01 0.02 0.03 0.03 0.75 0.02 0.00 0.00 0.83 1.10 0.02 0.01 0.00 1.46 0.02 0.01 0.02 0.01 0.06 0.09 0.00 0.00 0.00 0.01 0.00 0.00 0.01 0.01 0.12 0.23 0.02 0.03 0.00 0.02 0.39 0.40 0.30 0.08 0.08 0.00 0.01 0.03 0.01 0.02 0.00 0.00 0.07 0.03 0.01 6.89 9.30 0.00 0.00 0.02 0.04 1.73 0.00

High Low

0.19 0.45 0.27 0.45 0.37 0.28 0.10 0.09 0.20 0.16 0.30 0.22 1.00 0.23 0.25 0.05 0.15 0.12 12.49 15.73 0.59 1.65 1.78 2.04 5.44 4.46 0.88 0.74 4.14 3.35 0.16 0.65 0.94 1.00 1.00 0.71 0.29 4.00 3.17 0.21 2.27 35.94 6.34 7.85 0.37 0.45 0.32 0.25 14.33 11.39 0.06 0.40 0.52 0.95 1.19 11.46 9.07 0.17 0.22 0.50 0.41 0.13 0.15 26.75 21.70 0.10 0.14 0.14 2.93 3.55 0.19 0.57 1.80 0.27 0.35 0.72 0.68 0.44 0.37 0.12 0.19 0.23 0.11 0.28 0.33 0.12 0.76 0.58 3.00 2.40 0.52 0.66 0.11 0.14 1.33 0.15 0.20 0.20 0.47 0.37 0.13 0.15 0.16 0.60 0.38 0.32 0.40 0.08 0.13 27.37 21.10 0.20 0.35 0.37 0.24 0.73 0.91 7.65 0.39 0.32 0.10 16.09 19.93 0.50 0.42 0.75 45.38 0.71 1.00 0.30 0.24 1.00 1.25 0.07 0.05 0.11 0.14 0.07 0.97 1.20 0.18 2.42 3.09 0.42 0.44 1.30 0.50 19.55 7.06 5.68 0.85 0.68 0.13 0.16 0.56 0.47 0.56 1.67 0.55 0.79 0.82 0.96 169.32 216.32 0.04 0.37 0.71 0.47 51.99 0.25

0.14 0.45 0.16 0.14 0.20 0.17 0.04 0.04 0.07 0.06 0.04 0.10 0.01 0.05 0.09 0.02 0.04 0.03 6.61 8.53 0.23 0.45 0.12 0.16 3.06 2.40 0.58 0.48 1.14 0.89 0.11 0.14 0.41 0.31 0.20 0.25 0.08 2.25 1.72 0.03 0.95 25.61 3.06 3.99 0.15 0.19 0.18 0.14 5.55 4.32 0.03 0.17 0.01 0.57 0.71 6.06 4.70 0.05 0.06 0.28 0.22 0.03 0.05 10.90 8.36 0.06 0.08 0.08 1.25 1.61 0.03 0.14 0.32 0.07 0.07 0.19 0.16 0.11 0.08 0.05 0.04 0.04 0.02 0.08 0.01 0.02 0.03 0.33 0.55 0.44 0.12 0.16 0.06 0.06 0.11 0.04 0.06 0.10 0.22 0.11 0.06 0.04 0.09 0.15 0.13 0.12 0.15 0.07 0.05 7.81 6.07 0.06 0.08 0.10 0.06 0.39 0.50 3.65 0.11 0.08 0.09 7.24 9.46 0.21 0.16 0.05 20.67 0.05 0.02 0.07 0.05 0.35 0.45 0.03 0.02 0.05 0.05 0.02 0.26 0.21 0.05 1.45 1.85 0.07 0.10 0.39 0.06 10.25 3.48 2.66 0.38 0.00 0.06 0.09 0.06 0.07 0.10 0.35 0.26 0.44 0.25 0.42 124.95 158.27 0.01 0.13 0.28 0.26 28.87 0.04

(100s) Stock

Week

12-month

(100s)

High

Low

Last Change

High Low

Stock

69 21 718 474 146 229 105 216 126 170

0.13 9.69 2.46 0.02 0.09 0.05 0.70 0.56 0.05 0.06

0.00 9.25 2.10 0.01 0.00 0.00 0.00 0.50 0.04 0.05

0.12 - 0.02 9.25 - 0.05 2.30 - 0.02 0.01 - 0.01 0.07 - 0.02 0.05 unch 0.00 0.66 - 0.05 0.53 - 0.02 0.04 + 0.00 0.05 - 0.01

0.35 13.38 3.89 0.04 0.31 0.28 1.52 1.23 0.09 0.11

G2 Goldfields* O 17 649 G2 Goldfields V Gabriel Res V 61 Gabriel Res* O 1 Galane Gold * O 333 V 277 Galane Gold Galantas Gold* O 17 122 Galantas Gold V Galiano Gold T 28 1461 Galiano Gold* X Galleon Gold V 43 V 23 Galore Res Galway Gold * O 96 V 43 Galway Gold 14 Galway Mtls* O Galway Mtls V 118 Gambier Gold V 337 102 Gambier Gold* O Garibaldi Res * O 63 Garibaldi Res V 121 Gatos Silver T 133 N 3841 Gatos Silver* GCM Mining T 976 GCM Mining* O 67 243 General Gold C Generation Min T 334 Generation Min* O 60 Generic Gold* O 1 0 Generic Gold C Genesis Mtls* O 55 Genesis Mtls V 155 237 Gensource Pot V V 10 Gentor Res Geomega Res V 158 Geomega Res* O 13 Getchell Gold C 313 593 Getchell Gold * O Getty Copper V 470 204 GFG Resources* O 435 GFG Resources V GFM Res V 0 GGL Res V 6 O 5 GGL Res* O 80 GGX Gold* GGX Gold V 15 Giga Metals V 174 O 100 Giga Metals* 136 Gitennes Expl V Gitennes Expl * O 1 Giyani Gold* O 6 Giyani Gold V 199 10 GK Resources V Glacier Lake* O 20 V 1 Glacier Lake Gladiator Met V 1 Glen Eagle Res* O 87 Glen Eagle Res V 373 187 Glencore Plc * O Glencore Plc* O 4189 Global Atomic* O 269 Global Atomic T 908 Global Battery V 131 200 Global Battery* O Global Energy* O 19 19 Global Energy V Global Li-Ion C 346 4 Global Li-Ion* O 0 GlobalMin Vent* O Globex Mng* O 26 Globex Mng T 57 GMV Minerals V 93 34 GMV Minerals* O C 0 Go Cobalt Go Cobalt* O 20 V 0 GobiMin GoGold Res T 1053 Golcap Res C 38 35 Gold Basin Res* O 286 Gold Bull Res* O Gold Bull Res V 356 Gold Fields* O 0 N 33130 Gold Fields* 6 Gold Finder Ex* O Gold Finder Ex V 114 Gold Hunter Rs C 152 Gold Line Res V 63 33 Gold Lion Res* O Gold Lion Res C 144 Gold Mountain* O 238 Gold Mountain T 492 Gold Port C 168 Gold Reserve V 94 Gold Reserve* O 250 Gold Resource* X 2593 Gold Royalty* X 1771 Gold State Res* O 14 Gold State Res V 2454 Gold Std Vents T 832 Gold Std Vents* X 3577 Gold’n Futures C 350 Gold79 Mines V 139 Gold79 Mines* O 122 Goldbank Mng V 33 Goldcliff Res* O 52 Goldcliff Res V 52 Golden Arrow* O 138 Golden Arrow V 392 Golden Dawn Ml* O 8 Golden Dawn Ml V 191 Golden Goliath* O 8 Golden Goliath V 60 Golden Harp* O 0 Golden Harp V 0 303 Golden Hope V 6 Golden Hope* O Golden Indepen C 1285 Golden Indepe* O 80 Golden Lake C 210 T 35 Golden Mnls Golden Mnls* X 1441 Golden Pursuit* O 0 Golden Pursuit V 88 Golden Ridge V 161 Golden Secret V 37 Golden Share V 242 Golden Spike C 101 Golden Star* O 0 Golden Tag V 260 Golden Tag* O 121 Goldex Res* O 10 Goldex Res V 10 Goldflare Expl V 118 Goldgroup Mng* O 21 Goldgroup Mng T 30 GoldHaven Res* O 87 Goldhills Hldg V 1 Goldhills Hldg* O 1 T 724 GoldMining GoldON Res V 4 GoldON Res* O 0 Goldplay Min V 7 GoldQuest Mng V 139 Goldrea Res C 246 Goldrea Res* O 5 Goldrich Mng* O 823 Goldseek Res C 448 Goldshore Res* O 157 Goldshore Res V 303 Goldsource Min* O 24 Goldsource Min V 86 Goldstar Mnls* O 1 Goldstar Mnls V 2 Goliath Res* O 83 Goliath Res V 281 Gossan Res V 10 GoviEx Uranium* O 262 GoviEx Uranium V 1687

0.51 0.68 0.21 0.16 0.09 0.11 0.39 0.48 0.54 0.45 0.36 0.02 0.13 0.12 0.32 0.42 0.03 0.03 0.40 0.45 4.44 3.47 3.71 2.88 0.19 0.59 0.46 0.13 0.00 0.09 0.11 0.23 0.07 0.21 0.16 0.72 0.56 0.05 0.10 0.13 0.00 0.10 0.07 0.05 0.08 0.30 0.23 0.02 0.01 0.27 0.37 0.15 0.10 0.11 0.12 0.04 0.05 5.74 11.42 2.51 3.23 0.15 0.11 0.12 0.16 0.06 0.04 0.05 0.84 1.08 0.10 0.07 0.00 0.09 0.00 2.34 0.16 0.14 0.08 0.11 0.00 9.88 0.02 0.03 0.27 0.23 0.04 0.05 0.30 0.40 0.09 1.02 0.90 1.83 2.71 0.03 0.04 0.47 0.37 0.03 0.04 0.04 0.08 0.10 0.13 0.13 0.16 0.06 0.08 0.04 0.04 0.00 0.00 0.07 0.05 0.05 0.04 0.11 0.50 0.39 0.00 0.18 0.12 3.72 0.10 0.32 0.00 0.22 0.15 0.06 0.07 0.06 0.02 0.03 0.08 0.15 0.16 1.38 0.14 0.00 0.07 0.19 0.03 0.02 0.04 0.07 0.24 0.30 0.41 0.54 0.03 0.05 0.77 1.00 0.13 0.23 0.30

Fremont Gold Fresnillo plc* Frontier Lith Frontline Gold Full Metal Mnl Full Metal Mnl* Fury Gold Fury Gold* Fuse Cobalt* Fuse Cobalt

Exc Volume

V O V V V O T X O V

0.12 8.35 0.73 0.01 0.07 0.05 0.64 0.49 0.03 0.04

G-H 0.48 0.61 0.00 0.16 0.07 0.09 0.34 0.00 0.50 0.39 0.00 0.00 0.13 0.00 0.00 0.00 0.03 0.03 0.20 0.36 3.66 2.84 3.47 2.69 0.17 0.54 0.43 0.13 0.00 0.08 0.10 0.20 0.00 0.19 0.14 0.55 0.44 0.00 0.00 0.12 0.00 0.00 0.07 0.05 0.00 0.28 0.21 0.00 0.01 0.27 0.33 0.00 0.08 0.00 0.00 0.03 0.00 5.31 10.58 2.08 2.67 0.00 0.10 0.11 0.15 0.05 0.04 0.04 0.78 1.01 0.00 0.07 0.00 0.09 0.00 2.05 0.15 0.00 0.07 0.08 0.00 9.12 0.00 0.00 0.23 0.21 0.03 0.05 0.25 0.32 0.08 0.00 0.74 1.60 2.22 0.02 0.02 0.40 0.31 0.02 0.00 0.03 0.00 0.08 0.00 0.11 0.15 0.06 0.00 0.01 0.00 0.00 0.00 0.06 0.00 0.04 0.04 0.09 0.45 0.35 0.00 0.00 0.00 3.39 0.07 0.23 0.00 0.16 0.12 0.00 0.00 0.04 0.02 0.02 0.06 0.00 0.10 1.20 0.00 0.00 0.00 0.00 0.03 0.01 0.03 0.05 0.19 0.25 0.00 0.51 0.03 0.00 0.70 0.90 0.00 0.18 0.23

0.49 0.61 0.21 + 0.16 + 0.07 0.09 0.35 0.43 0.53 + 0.40 + 0.35 + 0.02 0.13 unch 0.12 unch 0.31 0.39 0.03 unch 0.03 0.32 + 0.42 + 3.74 2.87 3.51 2.73 0.17 0.56 unch 0.44 0.13 unch 0.26 unch 0.08 0.10 0.21 0.07 + 0.20 + 0.16 0.63 0.49 0.04 0.09 0.12 0.07 unch 0.09 0.07 0.05 unch 0.08 + 0.28 0.21 0.02 unch 0.01 unch 0.27 unch 0.35 0.15 unch 0.08 unch 0.11 unch 0.12 0.03 + 0.04 5.36 10.81 2.17 2.82 0.13 0.10 0.12 0.16 + 0.05 unch 0.04 0.05 unch 0.80 1.02 0.10 + 0.07 0.15 unch 0.09 unch 0.20 unch 2.05 0.15 unch 0.12 0.07 0.09 9.64 unch 9.12 0.02 0.02 0.26 0.21 0.03 0.05 + 0.28 0.36 0.09 unch 1.00 0.77 1.63 2.25 0.02 0.02 0.41 0.31 0.02 0.04 0.03 0.08 0.10 + 0.12 unch 0.11 0.15 0.06 0.06 0.01 0.04 unch 0.11 unch 0.15 unch 0.06 0.05 unch 0.05 unch 0.04 + 0.10 unch 0.45 0.36 0.12 unch 0.18 + 0.11 + 3.65 + 0.07 0.23 2.00 unch 0.16 0.13 0.05 + 0.07 + 0.05 + 0.02 0.03 unch 0.06 0.15 + 0.10 1.20 0.14 + 0.07 unch 0.07 unch 0.19 + 0.03 unch 0.02 + 0.03 0.06 0.20 0.27 0.40 0.52 0.03 unch 0.05 + 0.70 0.92 0.12 unch 0.19 0.24 -

0.02 0.65 0.32 0.05 0.83 0.39 0.01 0.34 0.17 0.01 0.26 0.12 0.00 0.19 0.07 0.01 0.23 0.09 0.04 0.65 0.26 0.07 0.86 0.34 0.04 1.38 0.48 0.00 1.12 0.36 0.02 1.10 0.33 0.01 0.03 0.02 0.00 0.18 0.08 0.00 0.23 0.10 0.01 0.72 0.29 0.03 0.90 0.37 0.00 0.25 0.03 0.00 0.18 0.01 0.06 0.53 0.05 0.07 0.65 0.21 0.58 24.93 3.45 0.45 20.00 2.68 0.14 6.13 3.48 0.10 4.93 2.72 0.02 0.58 0.16 0.00 1.17 0.53 0.01 0.94 0.41 0.00 0.36 0.11 0.00 0.52 0.14 0.00 0.15 0.06 0.01 0.19 0.08 0.01 0.48 0.18 0.01 0.14 0.06 0.01 0.35 0.17 0.00 0.29 0.14 0.04 0.81 0.37 0.00 0.63 0.28 0.01 0.09 0.03 0.01 0.18 0.09 0.02 0.22 0.12 0.00 0.15 0.07 0.01 0.18 0.09 0.01 0.14 0.01 0.00 0.17 0.05 0.02 0.21 0.06 0.01 0.60 0.26 0.01 0.49 0.20 0.00 0.10 0.02 0.00 0.08 0.02 0.00 0.56 0.18 0.01 0.61 0.28 0.00 0.29 0.15 0.00 0.42 0.08 0.00 0.40 0.11 0.02 0.44 0.11 0.00 0.13 0.03 0.01 0.18 0.04 0.15 7.00 3.98 0.14 14.00 7.91 0.20 4.07 1.81 0.24 5.10 2.30 0.02 0.39 0.13 0.01 0.32 0.10 0.01 0.25 0.11 0.01 0.31 0.15 0.00 0.10 0.05 0.01 0.09 0.01 0.00 0.30 0.01 0.01 1.34 0.71 0.02 1.69 0.90 0.02 0.44 0.08 0.00 0.35 0.06 0.00 0.47 0.13 0.00 0.36 0.09 0.00 0.26 0.19 0.25 3.79 2.03 0.00 1.26 0.15 0.02 0.39 0.12 0.01 0.37 0.07 0.02 0.42 0.09 0.00 16.97 8.22 0.42 17.20 7.75 0.00 0.12 0.02 0.01 0.16 0.02 0.01 0.52 0.20 0.02 3.55 0.22 0.00 0.13 0.03 0.01 0.18 0.04 0.01 1.90 0.26 0.01 2.25 0.33 0.00 0.16 0.08 0.01 2.22 0.82 0.09 1.79 0.61 0.14 2.65 1.50 0.43 6.08 2.35 0.00 0.17 0.02 0.01 0.20 0.02 0.06 0.73 0.42 0.05 0.59 0.31 0.01 0.15 0.02 0.01 0.09 0.04 0.00 0.07 0.03 0.03 0.18 0.07 0.01 0.14 0.05 0.00 0.18 0.07 0.01 0.16 0.11 0.01 0.21 0.14 0.00 0.24 0.06 0.02 0.31 0.07 0.03 0.09 0.01 0.00 0.08 0.04 0.00 0.40 0.11 0.00 0.21 0.14 0.01 0.36 0.06 0.00 0.29 0.05 0.00 0.28 0.04 0.00 0.23 0.03 0.00 0.40 0.09 0.05 0.81 0.41 0.02 0.63 0.31 0.00 0.12 0.09 0.09 0.19 0.09 0.01 0.41 0.11 0.10 5.30 2.70 0.03 0.18 0.07 0.03 0.49 0.20 0.00 2.99 0.70 0.04 0.38 0.18 0.01 0.30 0.14 0.00 0.56 0.00 0.01 0.10 0.06 0.01 0.20 0.04 0.00 0.06 0.02 0.00 0.08 0.02 0.01 0.47 0.05 0.02 0.32 0.14 0.06 0.26 0.16 0.16 2.59 1.24 0.01 0.32 0.13 0.00 0.64 0.02 0.00 0.18 0.05 0.02 0.36 0.11 0.00 0.05 0.03 0.00 0.04 0.01 0.01 0.10 0.03 0.02 0.20 0.05 0.01 1.75 0.20 0.01 0.84 0.25 0.00 0.91 0.39 0.01 1.16 0.51 0.00 0.20 0.03 0.01 0.15 0.04 0.06 1.31 0.49 0.04 1.62 0.62 0.00 0.29 0.10 0.02 0.47 0.15 0.04 0.59 0.19

Exc Volume

Week High

Low

Gowest Gold* O 1 Gowest Gold V 90 GPM Metals V 21 GR Silver* O 352 GR Silver V 597 Granada Gold* O 32 Granada Gold V 554 91 Grande Portage* O Grande Portage V 50 Granite Creek V 585 Granite Creek* O 466 Graphano Egy V 0 Graphite One V 282 Graphite One* O 308 O 86 Gratomic* Gratomic V 700 Graycliff Exp C 76 Great Atlantic V 634 Great Panther* X 9851 985 Great Panther T 1195 Great Quest Fe V 398 Green Battery V Green River* O 15 C 216 Green River Green Swan Cap V 13 Green Valley M V 67 28 Greencastle Rs V 51 Greenhawk Res C Greenland M&En* O 340 Greenland Res 287 0 Greenshield Ex V Grid Metals V 364 Grid Metals* O 47 Grizzly Discvr* O 148 296 Grizzly Discvr V Grosvenor Res V 9 Group Eleven V 402 Group Ten Mtls* O 252 273 Group Ten Mtls V GSP Resource V 1 Guanajuato Sil V 2649 995 Guanajuato Sil* O 97 Guardian Exp V Gungnir Res* O 50 Gungnir Res V 807 16 Gunpoint Expl V Guyana Goldstr V 0 Hanna Capital V 3 177 Hannan Metals V 90 Hannan Metals* O Hanstone Gold* O 4 Hanstone Gold V 31 4 Happy Ck Mnrls V Harfang Explor V 92 Harmony Gold* N 15816 V 23 Harvest Gold Harvest Gold* O 6 7 Hawkeye Gld&Di* O Hawkeye Gld&Di V 71 1719 Hawkmoon Res C 44 Headwater Gold C 31 Headwater Gold* O Hecla Mining* N 20009 Heliostar Met* O 82 188 Heliostar Met V Hemlo Expl V 181 V 4 HFX Holding Highbank Res V 21 0 Highbury Proj V HighGold V 235 HighGold* O 90 Highland Copp V 37 19 Highland Copp* O Highway 50 Gld V 49 Highwood Asset V 0 61 Hochschild Mg* O 21 Homerun Res V 161 Honey Badger V Honey Badger* O 55 80 Horizonte Mnls T HudBay Min* N 5783 HudBay Min T 4220 V 182 Hudson Res Hudson Res* O 45 O 150 Hunt Mng* Hunt Mng V 123 Hylands Intl V 0 T 1901 i-80 Gold

0.08 0.15 0.08 0.12 0.17 0.03 0.04 0.20 0.31 0.10 0.07 0.00 1.32 1.02 0.32 0.41 0.20 0.10 0.14 0.18 0.04 0.09 0.02 0.07 0.04 0.11 0.10 0.09 0.04 0.54 0.00 0.13 0.10 0.07 0.09 0.12 0.09 0.20 0.27 0.00 0.39 0.30 0.06 0.08 0.11 0.53 0.00 0.02 0.26 0.20 0.13 0.14 0.05 0.29 3.45 0.04 0.04 0.02 0.02 0.03 0.15 0.12 4.46 0.25 0.35 0.14 0.04 0.06 0.00 0.71 0.56 0.11 0.09 0.18 0.00 1.34 0.09 0.07 0.05 1.89 4.66 5.99 0.04 0.03 0.03 0.04 0.00 2.68

0.02 0.11 0.00 0.10 0.13 0.00 0.04 0.19 0.25 0.08 0.06 0.00 1.21 0.91 0.29 0.37 0.19 0.09 0.12 0.15 0.03 0.07 0.02 0.06 0.00 0.00 0.00 0.00 0.03 0.49 0.00 0.12 0.09 0.06 0.00 0.00 0.08 0.17 0.24 0.00 0.32 0.25 0.00 0.07 0.00 0.00 0.00 0.00 0.23 0.18 0.13 0.10 0.00 0.26 3.12 0.00 0.02 0.01 0.00 0.02 0.15 0.11 3.89 0.18 0.23 0.00 0.00 0.00 0.00 0.64 0.00 0.00 0.00 0.00 0.00 1.14 0.00 0.07 0.05 1.70 3.91 5.05 0.03 0.02 0.00 0.00 0.00 2.29

I-Minerals V 12 O 6 I-Minerals* IAMGOLD T 3279 N 23378 IAMGOLD* Iconic Mnls * O 76 Iconic Mnls V 43 Idaho Champion C 39 Idaho Champion* O 158 IEMR Res V 0 iMetal Res V 192 iMetal Res* O 0 IMPACT Silver V 334 Impala Platnm* O 0 110 Imperial Metal T Imperial Metal* O 17 Imperial Mg Gr* O 415 Imperial Mg Gr V 682 Inca One Gold* O 8 Inca One Gold V 7 Inception Mng * O 17837 Independence G V 174 Independence G* O 120 Indigo Expl V 13 Infield Min V 301 Infinite Ore V 9 Infinite Ore* O 8 Inflection Res C 72 Inomin Mines V 1135 Intact Gold V 0 Integra Res V 79 Integra Res* X 272 Inter-Rock Mnl* O 2 0 Inter-Rock Mnl V V 0 Interconnect Interra Copper C 175 Intl Battery C 155 Intl Bethl Mng V 31 Intl Iconic* O 794 Intl Iconic V 2587 Intl Lithium V 961 Intl Lithium* O 360 Intl Prospect V 148 Intl Prospect * O 40 Intl Star* O 163862 Intl Tower Hil* X 589 Intl Tower Hil T 31 Intl Zeolite* O 23 Intl Zeolite V 73 Intrepid Pots* N 1593 Inventus Mg * O 10 Inventus Mg V 194 InZinc Mining V 28 Ion Energy V 242 Ion Energy* O 50 Irving Res C 32 Irving Res* O 44 IsoEnergy Ltd V 316 Itafos* O 15 V 189 Itafos O 90 Itoco Inc* Ivanhoe Mines* O 381 Ivanhoe Mines T 6486 Ivor Explor C 160 Jade Leader V 13 Jaeger Res V 65 Jaguar Mng* O 44 Jaguar Mng T 220 Japan Gold V 155 Japan Gold* O 45 Jasper Mining V 9 Jaxon Mining* O 7 Jaxon Mining V 49 Jayden Res* O 0 Jayden Res V 13 Jazz Res V 216 Jervois Mining V 580 Jervois Mining* O 507 Joshua Gold* O 1705 Jourdan Res V 1145

0.02 0.02 2.46 1.92 0.10 0.13 0.05 0.04 0.00 0.28 0.23 0.32 0.00 3.05 2.33 0.06 0.08 0.20 0.28 0.00 0.08 0.06 0.04 0.04 0.08 0.06 0.10 0.15 0.00 1.30 1.04 0.45 0.00 0.00 0.75 4.00 0.04 0.05 0.07 0.09 0.07 0.07 0.05 0.01 0.61 0.74 0.10 0.13 51.41 0.09 0.12 0.06 0.25 0.18 1.08 0.83 3.50 1.75 2.30 0.10 6.46 8.29 0.91 0.05 0.02 2.48 3.26 0.25 0.19 0.11 0.03 0.03 0.00 0.20 0.90 0.51 0.42 0.02 0.09

12-month

Last Change

Stock

0.19 0.25 0.15 0.53 0.63 0.13 0.15 0.56 0.69 0.27 0.21 1.20 2.54 2.00 1.40 1.74 0.75 0.60 0.64 0.80 0.14 0.21 0.08 0.10 0.08 1.10 0.16 0.29 0.11 1.02 1.98 0.23 0.18 0.09 0.11 0.17 0.18 0.39 0.48 0.30 0.72 0.56 0.14 0.25 0.32 0.68 0.13 0.08 0.38 0.30 0.33 0.44 0.08 0.86 5.50 0.23 0.17 0.03 0.04 0.15 0.39 0.27 7.71 1.45 1.52 0.38 0.07 0.20 0.35 2.08 1.65 0.17 0.13 0.47 19.00 2.40 0.21 0.11 0.10 2.33 8.75 11.17 0.16 0.12 0.12 0.08 0.04 4.03

Jubilee Gold Jubilee Metals* Juggernaut Exp* Juggernaut Exp Jupiter Gold* K2 Gold K9 Gold* K92 Mining K92 Mining* Kainantu Res Kaizen Discov Kalo Gold Kanadario Gold Karam Min Karnalyte Res Karoo Expl Karora Res* KAT Expl* Kenadyr Metals* Kenadyr Metals Kenorland Min Kermode Res Kesselrun Res Kesselrun Res* Kestrel Gold KGL Resources Kincora Copper* Kincora Copper King Global* King Global Kingfisher Met* Kingfisher Met Kingman Min Kings Bay Res Kingsmen Res Kinross Gold Kinross Gold* Kintavar Exp Kiplin Metals Kiplin Metals* Klondike Gold* Klondike Gold Klondike Silv* Klondike Silv Kodiak Copper* Kombat Copper* Kombat Copper Kootenay Silvr* Kootenay Silvr Kootenay Zinc Kore Mining Kore Mining * Kutcho Copper * Kuya Silver Kuya Silver* KWG Res KWG Res*

V 1 O 13 O 52 V 52 O 0 V 84 O 46 T 2833 O 231 V 184 V 0 V 169 V 163 C 100 T 63 V 0 O 229 O 30841 O 1 V 77 V 57 V 566 V 97 O 75 V 95 V 8 O 0 V 188 O 128 V 30 O 27 V 109 V 51 V 15 V 121 T 12691 N 72540 V 121 V 88 O 3 O 151 V 75 O 257 V 318 O 139 O 32 V 589 O 373 V 1288 C 218 V 186 O 86 O 95 C 54 O 23 C 2136 O 5

Labrador Gold* Labrador Gold Labrador IMH* Labrador IOR* Labrador IOR Lake Resources* Lara Expl Laramide Res Laredo Res* Largo Res Largo Res* Latin Metals* Latin Metals Laurion Mnl Ex Laurion Mnl Ex* Leading Edge Leading Edge* Leeta Gold Legion Metals Leo Res* Leocor Gold* Leocor Gold Leopard Lake Leviathan Gold Leviathan Gold* Li-Metal Libero Copper* Libero Copper Liberty Gold* Liberty One Li Lido Minerals Lightspeed Dis Lincoln Mng Lion One Mtls Lion One Mtls* Lithium Amer Lithium Amer* Lithium Chile Lithium Chile* Lithium Corp* Lithium Energi* Lithium Energi Lithium South* Lithoquest Res* Lithoquest Res Lode-Star Mg* Logan Res Lomiko Mtls Lomiko Mtls* Loncor Res* Loncor Res Lone Star Gold* Los Andes* Los Andes Lucara Diam Lucky Min* Lucky Min Luckystrike * Luckystrike Lumina Gold* Lumina Gold Luminex Res Lundin Gold Lundin Mng* Lundin Mng Lupaka Gold * Lupaka Gold Lynas Corp* Lynas Corp*

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

425 734 192 32 1350 11556 150 853 448 433 215 4 19 661 39 103 159 1175 368 0 69 68 0 68 40 25 180 266 255 0 11 9 32 788 414 2642 7958 328 225 539 21 237 69 1041 588 48 337 641 203 20 33 8219 1 19 389 40 39 14 1 117 367 56 1516 323 9396 6 0 203 286

Macarthur Min V Macarthur Min* O MacDonald Mns* O MacDonald Mns V Madeira Mrnls V Madoro Metals V MAG Silver T Magellan Gold* O Magna Gold V Magna Gold* O Magna Mining V Magna Terra V Magnum Goldco V Majestic Gold V Majestic Gold* O Major Precious* O Makara Mining* O Makara Mining C Makena Res* O Mako Mining V Mako Mining* O Mammoth Res V Mammoth Res * O Mandalay Res* O Mandalay Res T Manganese X V Manganese X* O Mangazeya Mng V Manitou Gold V Manitou Gold * O Manning Vent* O Manning Vent C Mansa Explor C Mantaro Prec V Mantaro Prec* O Maple Gold* O Maple Gold V Marathon Gold* O

85 37 95 798 0 0 741 19 119 61 97 235 500 1 4 2 26 124 4 596 723 56 0 6 32 144 84 22 848 43 400 453 710 167 13 707 718 144

0.02 unch 0.14 + 0.08 0.10 0.13 0.03 + 0.04 0.20 + 0.25 + 0.09 0.07 + 0.29 unch 1.23 0.95 0.30 0.39 0.19 unch 0.10 + 0.12 0.16 0.03 0.07 0.02 unch 0.07 unch 0.04 unch 0.09 0.09 0.06 0.03 0.52 + 1.95 unch 0.12 unch 0.09 0.07 0.09 unch 0.11 0.08 + 0.19 0.24 0.09 unch 0.34 0.27 0.05 0.07 0.09 0.53 0.13 unch 0.02 unch 0.26 + 0.18 0.13 unch 0.14 0.05 unch 0.29 + 3.13 0.04 0.04 + 0.01 0.02 unch 0.02 0.15 unch 0.11 3.92 0.19 + 0.23 0.14 0.04 unch 0.05 0.35 unch 0.68 0.56 + 0.11 + 0.08 0.18 unch 10.00 unch 1.15 0.09 0.07 unch 0.05 unch 1.75 4.08 5.25 0.04 unch 0.02 0.03 unch 0.03 0.02 unch 2.32 -

0.00 0.03 0.01 0.02 0.03 0.00 0.01 0.01 0.01 0.01 0.00 0.00 0.07 0.07 0.01 0.02 0.00 0.01 0.01 0.03 0.01 0.01 0.00 0.00 0.00 0.03 0.01 0.04 0.00 0.02 0.00 0.00 0.00 0.00 0.00 0.04 0.01 0.01 0.02 0.00 0.04 0.02 0.03 0.01 0.01 0.07 0.00 0.00 0.01 0.01 0.00 0.01 0.00 0.02 0.15 0.01 0.01 0.01 0.00 0.01 0.00 0.01 0.38 0.01 0.01 0.01 0.00 0.01 0.00 0.02 0.01 0.02 0.00 0.00 0.00 0.19 0.02 0.00 0.00 0.14 0.19 0.24 0.00 0.01 0.00 0.01 0.00 0.34

0.01 0.09 0.08 0.11 0.14 0.03 0.04 0.17 0.23 0.09 0.06 0.24 0.89 0.70 0.29 0.37 0.19 0.09 0.10 0.15 0.02 0.07 0.02 0.03 0.04 0.09 0.09 0.06 0.03 0.30 0.18 0.09 0.07 0.02 0.03 0.11 0.07 0.18 0.23 0.08 0.32 0.25 0.05 0.03 0.05 0.53 0.10 0.02 0.16 0.12 0.13 0.10 0.03 0.26 3.00 0.04 0.00 0.01 0.01 0.02 0.12 0.10 4.04 0.16 0.20 0.11 0.03 0.04 0.20 0.64 0.50 0.08 0.06 0.18 9.75 1.16 0.04 0.05 0.04 0.10 3.99 5.18 0.03 0.03 0.02 0.03 0.02 2.38

0.02 unch 0.01 2.07 1.61 0.09 0.12 unch 0.05 unch 0.04 + 0.02 unch 0.18 0.23 unch 0.28 10.64 unch 2.90 2.31 + 0.06 0.07 0.20 + 0.26 0.00 0.07 0.05 0.04 0.04 unch 0.08 + 0.06 unch 0.09 0.09 0.05 unch 1.30 + 1.04 + 0.45 unch 0.57 unch 0.08 unch 0.73 + 3.50 0.04 + 0.04 + 0.05 + 0.08 0.06 0.06 0.05 + 0.01 + 0.51 0.67 0.09 0.13 unch 45.29 0.09 + 0.10 0.06 unch 0.19 0.15 0.98 0.77 3.10 1.43 1.80 0.09 unch 5.72 7.41 0.84 + 0.05 unch 0.02 2.23 2.84 0.23 0.18 0.11 unch 0.03 unch 0.03 0.46 unch 0.20 0.85 + 0.49 0.39 + 0.01 0.07 -

0.00 0.04 0.02 0.00 0.03 0.01 0.36 4.74 2.21 0.27 3.77 1.71 0.01 0.23 0.07 0.00 0.28 0.09 0.00 0.15 0.04 0.00 0.11 0.03 0.00 0.04 0.02 0.10 0.55 0.14 0.00 0.46 0.10 0.03 0.69 0.28 0.00 18.65 10.38 0.08 4.75 2.77 0.04 3.80 2.26 0.01 0.16 0.06 0.01 0.19 0.08 0.01 0.42 0.16 0.02 0.45 0.22 0.00 0.02 0.00 0.02 0.14 0.05 0.02 0.11 0.04 0.01 0.10 0.03 0.00 0.24 0.04 0.01 0.28 0.06 0.00 0.21 0.04 0.02 0.38 0.08 0.01 0.72 0.07 0.00 0.08 0.03 0.11 3.86 1.13 0.08 3.19 0.86 0.00 0.45 0.36 0.00 0.65 0.40 0.00 0.10 0.08 0.03 2.70 0.32 0.25 7.52 0.51 0.02 0.09 0.02 0.02 0.13 0.02 0.02 0.16 0.03 0.01 0.15 0.05 0.00 0.12 0.03 0.02 0.25 0.05 0.00 0.36 0.04 0.00 0.02 0.00 0.09 1.23 0.49 0.09 1.56 0.64 0.00 0.24 0.08 0.00 0.33 0.10 2.32 121.72 27.43 0.00 0.16 0.09 0.02 0.22 0.11 0.00 0.09 0.03 0.01 0.59 0.18 0.01 0.58 0.14 0.08 1.84 0.92 0.04 1.44 0.72 0.20 6.61 1.95 0.29 3.13 0.88 0.44 3.94 1.05 0.00 0.35 0.08 0.10 10.32 5.44 0.08 13.15 7.06 0.04 1.90 0.32 0.00 0.11 0.04 0.01 0.04 0.02 0.18 4.92 2.05 0.30 5.97 2.65 0.02 0.41 0.23 0.01 0.32 0.17 0.00 0.11 0.04 0.00 1.00 0.02 0.01 0.09 0.03 0.00 0.60 0.20 0.01 0.95 0.16 0.03 0.99 0.40 0.02 0.95 0.40 0.01 0.77 0.25 0.00 0.06 0.01 0.02 0.10 0.03

I-J-K 0.00 0.01 2.06 1.60 0.08 0.00 0.04 0.03 0.00 0.00 0.00 0.26 0.00 2.85 2.30 0.06 0.07 0.00 0.26 0.00 0.07 0.05 0.00 0.00 0.00 0.06 0.08 0.09 0.00 1.17 0.92 0.45 0.00 0.00 0.62 3.27 0.00 0.02 0.03 0.07 0.06 0.00 0.05 0.00 0.46 0.62 0.08 0.10 43.44 0.00 0.00 0.00 0.18 0.15 0.97 0.76 2.74 1.40 1.77 0.08 5.44 7.25 0.78 0.00 0.00 2.20 2.82 0.23 0.18 0.00 0.03 0.00 0.00 0.00 0.79 0.48 0.33 0.01 0.07

(100s)

High Low

Exc Volume

Week

21

12-month

High

Low

Last Change

High Low

0.56 0.20 0.09 0.12 0.00 0.15 0.11 9.12 7.07 0.12 0.00 0.06 0.75 0.17 0.48 0.00 2.93 0.00 0.05 0.09 0.71 0.02 0.06 0.04 0.07 0.15 0.00 0.06 0.03 0.04 0.15 0.20 0.02 0.09 0.06 5.32 4.14 0.07 0.65 0.48 0.11 0.15 0.06 0.05 0.89 0.13 0.20 0.14 0.18 0.02 0.19 0.14 0.28 0.64 0.49 0.05 0.03

0.00 0.17 0.09 0.11 0.00 0.13 0.09 7.76 6.04 0.00 0.00 0.06 0.70 0.15 0.39 0.00 2.55 0.00 0.05 0.00 0.63 0.00 0.00 0.00 0.07 0.00 0.00 0.00 0.03 0.00 0.14 0.17 0.00 0.00 0.00 4.57 3.55 0.00 0.00 0.00 0.10 0.14 0.03 0.04 0.75 0.00 0.18 0.11 0.16 0.00 0.17 0.12 0.23 0.54 0.44 0.04 0.03

0.56 0.17 0.09 + 0.12 + 1.00 unch 0.14 0.11 + 7.77 6.04 0.11 0.23 unch 0.06 unch 0.73 0.15 0.39 0.35 unch 2.59 0.00 unch 0.05 unch 0.07 0.71 + 0.02 unch 0.05 unch 0.04 + 0.07 unch 0.15 + 0.05 unch 0.05 0.03 0.04 + 0.14 0.17 0.02 0.08 0.06 4.58 3.58 0.06 0.61 + 0.48 unch 0.11 + 0.15 + 0.03 0.04 0.77 0.13 unch 0.19 0.13 + 0.17 + 0.02 unch 0.17 0.13 0.23 0.58 unch 0.45 0.05 + 0.03 -

0.87 0.28 0.21 0.30 1.50 0.36 0.41 10.52 8.33 0.34 0.80 0.31 1.25 0.75 1.35 2.82 6.25 0.02 0.32 0.25 0.98 0.06 0.21 0.18 0.15 0.20 0.56 0.28 0.08 0.08 2.38 0.65 0.09 0.17 0.19 8.94 7.13 0.24 1.10 2.40 0.21 0.27 0.12 0.08 1.56 0.48 0.61 0.26 0.30 0.15 0.70 0.56 0.93 1.85 1.48 0.10 0.08

0.28 0.03 0.00 0.01 0.00 0.01 0.02 1.18 0.88 0.02 0.00 0.00 0.02 0.02 0.10 0.00 0.22 0.00 0.00 0.02 0.05 0.00 0.00 0.00 0.00 0.01 0.00 0.01 0.01 0.01 0.01 0.02 0.01 0.02 0.01 0.58 0.42 0.01 0.07 0.00 0.00 0.01 0.01 0.01 0.06 0.00 0.01 0.00 0.01 0.00 0.01 0.02 0.05 0.00 0.01 0.01 0.00

0.56 0.18 0.07 0.09 0.49 0.14 0.08 5.75 4.42 0.08 0.23 0.05 0.64 0.10 0.12 0.35 2.35 0.00 0.06 0.07 0.63 0.01 0.05 0.04 0.06 0.10 0.04 0.05 0.02 0.04 0.10 0.15 0.02 0.05 0.06 4.73 3.67 0.06 0.10 0.09 0.10 0.14 0.00 0.04 0.76 0.01 0.17 0.10 0.13 0.01 0.17 0.13 0.23 0.58 0.45 0.02 0.00

L 0.34 0.29 0.30 + 0.00 1.36 0.25 0.46 0.38 0.42 + 0.05 1.66 0.32 0.11 0.05 0.10 + 0.01 0.25 0.02 24.73 21.77 22.07 - 1.30 41.25 21.76 31.90 28.00 28.35 - 1.80 51.00 28.28 0.66 0.52 0.55 - 0.06 1.97 0.24 0.99 0.82 0.90 + 0.01 0.99 0.48 0.53 0.45 0.51 unch 0.00 1.12 0.37 0.01 0.00 0.01 + 0.00 0.03 0.00 9.71 8.63 8.79 - 0.34 21.53 8.85 7.57 6.71 6.84 - 0.26 17.11 6.77 0.08 0.00 0.08 - 0.00 0.15 0.08 0.10 0.00 0.10 - 0.01 0.18 0.10 1.07 1.04 1.06 - 0.01 1.15 0.43 0.84 0.82 0.82 - 0.01 0.92 0.37 0.28 0.25 0.25 + 0.01 0.72 0.20 0.22 0.19 0.19 - 0.01 0.57 0.15 4.65 3.72 3.85 - 0.74 32.85 3.65 0.08 0.07 0.08 unch 0.00 0.34 0.05 0.00 0.00 0.01 unch 0.00 0.36 0.00 0.30 0.21 0.21 - 0.05 1.47 0.18 0.35 0.27 0.31 - 0.04 1.00 0.27 0.00 0.00 0.12 unch 0.00 0.16 0.07 0.05 0.00 0.05 + 0.01 0.39 0.05 0.04 0.04 0.04 + 0.01 0.37 0.04 0.78 0.62 0.62 - 0.10 3.75 0.65 0.22 0.19 0.19 - 0.02 0.83 0.19 0.29 0.24 0.24 - 0.03 1.05 0.25 0.47 0.42 0.42 - 0.04 1.29 0.39 0.00 0.00 0.40 unch 0.00 0.57 0.33 0.17 0.15 0.17 - 0.01 0.41 0.15 0.05 0.00 0.05 unch 0.00 0.12 0.05 0.06 0.00 0.05 - 0.02 0.23 0.05 1.46 1.23 1.31 - 0.15 1.66 0.88 1.13 0.96 0.99 - 0.15 1.33 0.67 29.89 24.94 25.93 - 2.21 53.09 16.03 23.19 19.33 20.13 - 1.69 41.56 12.56 0.66 0.55 0.57 - 0.04 1.21 0.26 0.51 0.42 0.45 - 0.03 0.95 0.21 0.22 0.19 0.20 - 0.00 1.09 0.18 0.21 0.17 0.17 - 0.04 0.41 0.01 0.30 0.22 0.22 - 0.06 0.38 0.08 0.43 0.38 0.40 + 0.00 0.86 0.29 0.11 0.10 0.11 + 0.01 0.15 0.01 0.13 0.00 0.12 + 0.01 0.18 0.08 0.05 0.04 0.04 unch 0.00 0.13 0.03 0.13 0.00 0.13 + 0.01 0.30 0.12 0.06 0.05 0.05 unch 0.00 0.16 0.04 0.05 0.04 0.04 - 0.00 0.13 0.04 0.34 0.33 0.33 - 0.01 0.67 0.32 0.45 0.42 0.42 - 0.03 0.86 0.40 0.02 0.02 0.02 - 0.00 1.95 0.01 12.31 0.00 12.05 + 0.04 14.00 5.55 16.00 15.20 15.30 - 0.45 17.73 6.63 0.65 0.60 0.61 - 0.04 0.78 0.50 0.06 0.00 0.06 + 0.01 0.13 0.04 0.07 0.00 0.07 unch 0.00 0.15 0.05 0.15 0.00 0.15 unch 0.00 0.80 0.12 0.18 0.00 0.18 + 0.01 0.80 0.15 0.30 0.27 0.30 + 0.01 0.67 0.24 0.39 0.34 0.38 + 0.03 0.81 0.31 0.36 0.00 0.34 - 0.03 0.74 0.33 9.93 9.04 9.24 - 0.47 12.73 8.65 7.03 6.17 6.32 - 0.26 11.25 6.11 9.05 7.93 8.16 - 0.32 14.00 8.06 0.01 0.01 0.01 unch 0.00 0.06 0.00 0.00 0.00 0.02 unch 0.00 0.07 0.02 6.55 5.80 6.00 - 0.11 8.63 4.10 6.50 5.89 6.00 - 0.15 8.73 4.20

M 0.20 0.15 0.02 0.02 0.00 0.00 17.02 0.12 0.32 0.26 0.41 0.10 0.06 0.00 0.04 0.06 0.04 0.05 0.14 0.30 0.23 0.05 0.00 2.24 2.90 0.29 0.23 0.03 0.03 0.03 0.05 0.08 0.08 0.13 0.10 0.16 0.21 1.28

0.16 0.12 0.01 0.00 0.00 0.00 15.57 0.00 0.30 0.23 0.34 0.07 0.04 0.00 0.04 0.06 0.03 0.04 0.13 0.27 0.21 0.00 0.00 0.00 2.75 0.27 0.20 0.00 0.03 0.03 0.05 0.07 0.00 0.00 0.09 0.13 0.16 1.01

0.17 0.14 0.02 + 0.02 unch 0.03 unch 0.07 unch 15.71 0.12 unch 0.32 0.25 0.35 0.07 0.05 + 0.05 unch 0.04 0.06 unch 0.04 + 0.05 unch 0.14 0.28 0.21 0.04 0.03 unch 2.15 2.75 0.27 + 0.21 + 0.03 + 0.03 + 0.03 unch 0.05 unch 0.07 + 0.07 0.12 unch 0.10 + 0.14 0.18 1.02 -

0.03 0.01 0.00 0.00 0.00 0.00 0.96 0.00 0.01 0.00 0.04 0.03 0.01 0.00 0.01 0.00 0.00 0.00 0.01 0.03 0.02 0.01 0.00 0.07 0.13 0.02 0.00 0.01 0.01 0.00 0.00 0.01 0.01 0.00 0.01 0.03 0.04 0.19

0.60 0.50 0.05 0.06 0.03 0.13 27.65 1.40 1.12 1.12 0.55 0.18 0.18 0.08 0.06 0.44 0.20 0.25 0.89 0.43 0.35 0.18 0.15 3.03 3.86 0.58 0.47 0.09 0.09 0.09 0.12 0.21 0.28 0.45 0.50 0.39 0.46 2.97

0.18 0.14 0.01 0.02 0.03 0.05 15.75 0.05 0.29 0.23 0.30 0.07 0.04 0.05 0.04 0.01 0.03 0.04 0.12 0.27 0.21 0.03 0.01 1.43 1.82 0.21 0.17 0.02 0.03 0.02 0.05 0.06 0.06 0.10 0.08 0.12 0.16 1.06

22

JULY 11 — 24, 2022 / THE NORTHERN MINER

(100s) Stock

Exc Volume

Marathon Gold T 1394 34 Margaret Lake V Marimaca Cop* O 0 Marimaca Cop T 22 Maritime Res V 2286 V 20 Martina Mnls MartinMarietta* N 1351 429 Marvel Discov* O Marvel Discov V 1249 V 74 Mas Gold 8 Mascota Res* O 87 Masivo Silver V Masivo Silver* O 4 Mason Graphite* O 110 Mason Graphite V 96 0 Matachewan Con V C 38 Matica Ent 233 Maverix Metals T Maverix Metals* X 867 356 Mawson Res* O Mawson Res T 751 MAX Res V 550 MaxTech Vent C 31 MaxTech Vent* O 91 Maxwell Res* O 0 Mayfair Gold* O 3 V 85 Mayfair Gold Mazarin V 24 McChip Res V 0 McEwen Mng T 529 McEwen Mng* N 5350 McLaren Res C 278 MDN Inc* O 2 Medallion Res V 2164 Medallion Res* O 2621 Medaro Mining C 128 Medaro Mining* O 284 Medgold Res* O 218 Medgold Res V 2657 Medinah Mnrls* O 3649 Mega Copper V 1 Mega Uranium T 1390 Mega Uranium* O 214 MegaWatt Lith C 451 70 MegaWatt Lith* O MegumaGold* O 92 MegumaGold C 536 Melkior Res* O 20 Melkior Res V 37 Meridian Mg T 1302 27 Meridian Mg * O Metal Energy V 460 MetalCorp V 22 Metalex Vent * O 15 Metalex Vent V 30 Metallic Mnrls V 275 Metallic Mnrls* O 212 Metallica Met* O 6 Metallica Met C 427 Metallica Min* O 15 Metallis Res V 98 Metallum Res V 295 Metalo Manuf C 15 3 Metalore Res V Metals Creek* O 267 Metals Creek V 135 Metals X* O 402 Metron Capital V 93 Mexican Gold* O 77 V 0 Midasco Cap Midland Expl V 29 Midnight Star C 167 Midnight Sun* O 49 Midnight Sun V 25 Millbank Mg V 0 0 MillenMin Vent V Millennial Pr V 759 Millennial Pr* O 442 Millennium Sil V 42 Millrock Res* O 647 Millrock Res V 141 Milner Con Slv V 0 Minaurum Gold V 288 Minaurum Gold* O 259 Minco Silver* O 63 T 73 Minco Silver Minera Alamos * O 955 Minera Alamos V 585 O 500 Minera IRL* Minera IRL C 177 V 10 Mineral Hill Mineral Mtn* O 39 Mineral Mtn V 223 Mineral Res* O 2 Mineworx Tech* O 561 767 Mineworx Tech V Minfocus Expl V 126 Minnova Corp V 523 Minsud Res V 45 Mirasol Res V 137 Mistango River C 56 Mkango Res V 39 ML Gold* O 0 ML Gold Corp V 237 Monarca Mnrls* O 91 Monarca Mnrls V 109 47 Monarch Min* O Monarch Mining T 189 286 Moneta Porcpn T Moneta Porcpn* O 19 Mongoose Mg C 22 Monitor Vent V 3 Montage Gold V 272 Montage Gold* O 30 Montego Res C 21 Monterey Min C 290 Montero Mg&Ex * O 36 Montero Mg&Ex V 101 Monument Mng V 99 Monument Mng* O 13 Monumental Min V 144 Morien Res* O 85 Morien Res V 237 Mosaic* N 27332 Mosaic Min C 81 Mountain Boy* O 10 16 Mountain Boy V Mountain Prov T 269 Mountain Prov* O 25 MPV Explor C 261 Mundoro Cap V 12 Mundoro Cap* O 20 Murchison Min* O 33 Murchison Min V 142 Musk Metals C 551 Musk Metals* O 26 106 Muzhu Mining C

Week High

Low

Last Change

12-month High Low

1.56 1.31 1.32 - 0.23 3.73 1.37 0.18 0.00 0.18 + 0.04 0.75 0.14 2.60 0.00 2.60 unch 0.00 3.62 2.60 3.41 2.95 3.00 - 0.03 4.62 2.78 0.06 0.06 0.06 - 0.01 0.19 0.06 0.05 0.00 0.05 - 0.02 0.07 0.05 312.44 291.57 299.24 - 10.44 446.46 294.05 0.09 0.06 0.07 - 0.01 0.20 0.05 0.11 0.08 0.08 - 0.03 0.22 0.07 0.07 0.00 0.07 - 0.01 0.13 0.06 2.50 2.43 2.48 + 0.06 3.45 1.10 0.06 0.00 0.06 unch 0.00 0.11 0.06 0.06 0.06 0.06 unch 0.00 0.08 0.04 0.33 0.28 0.30 + 0.02 0.65 0.27 0.43 0.37 0.37 + 0.01 0.78 0.35 0.00 0.00 0.26 unch 0.00 0.26 0.17 0.19 0.17 0.19 + 0.02 1.35 0.17 5.91 5.54 5.58 - 0.12 6.88 5.00 4.61 4.29 4.35 - 0.09 5.53 3.83 0.10 0.09 0.09 - 0.01 0.21 0.07 0.14 0.12 0.12 - 0.02 0.27 0.10 0.50 0.42 0.43 + 0.03 0.90 0.14 0.03 0.00 0.03 - 0.01 0.40 0.02 0.03 0.02 0.03 + 0.00 0.30 0.02 0.00 0.00 0.19 unch 0.00 0.38 0.01 1.00 0.96 1.00 + 0.04 2.06 0.40 1.27 1.20 1.20 - 0.01 1.61 0.49 0.15 0.00 0.14 - 0.01 0.19 0.08 0.00 0.00 0.83 unch 0.00 1.45 0.62 0.66 0.53 0.54 - 0.12 1.79 0.57 0.52 0.42 0.44 - 0.06 1.45 0.45 0.06 0.05 0.06 unch 0.00 0.08 0.04 0.13 0.11 0.13 + 0.02 0.61 0.10 0.08 0.05 0.06 - 0.03 0.33 0.05 0.06 0.04 0.05 - 0.01 0.26 0.04 0.43 0.35 0.36 - 0.04 1.43 0.35 0.34 0.27 0.28 - 0.03 1.81 0.28 0.01 0.01 0.01 unch 0.00 0.04 0.01 0.02 0.00 0.02 unch 0.00 0.05 0.01 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.15 0.00 0.15 - 0.01 0.16 0.14 0.24 0.19 0.20 - 0.03 0.42 0.18 0.18 0.15 0.15 - 0.03 0.34 0.14 0.09 0.08 0.08 - 0.01 0.34 0.08 0.07 0.06 0.07 + 0.00 0.27 0.06 0.02 0.00 0.02 + 0.00 0.06 0.02 0.03 0.00 0.02 unch 0.00 0.08 0.02 0.20 0.20 0.20 unch 0.00 0.33 0.18 0.27 0.20 0.25 + 0.01 0.41 0.23 0.57 0.52 0.56 unch 0.00 1.34 0.39 0.44 0.41 0.41 - 0.03 1.08 0.30 0.09 0.08 0.09 + 0.01 0.25 0.08 0.03 0.00 0.03 unch 0.00 0.06 0.02 0.04 0.00 0.04 unch 0.00 0.05 0.02 0.07 0.06 0.07 + 0.01 0.08 0.02 0.40 0.36 0.38 unch 0.00 0.58 0.31 0.32 0.28 0.28 - 0.01 0.47 0.24 0.04 0.00 0.02 - 0.02 0.25 0.03 0.04 0.03 0.03 - 0.02 0.33 0.03 0.02 0.02 0.02 - 0.01 0.03 0.02 0.20 0.17 0.17 - 0.01 0.49 0.17 0.07 0.00 0.06 - 0.01 0.12 0.05 0.16 0.08 0.08 - 0.08 0.69 0.08 2.20 0.00 2.20 - 0.21 3.16 2.15 0.11 0.10 0.11 - 0.01 0.19 0.06 0.14 0.13 0.13 - 0.01 0.23 0.10 0.27 0.23 0.24 - 0.01 0.60 0.15 0.21 0.00 0.19 unch 0.00 0.39 0.17 0.02 0.00 0.02 - 0.00 0.13 0.01 0.00 0.00 0.10 unch 0.00 0.12 0.10 0.43 0.40 0.40 unch 0.00 0.74 0.37 0.26 0.24 0.24 - 0.02 0.54 0.24 0.09 0.08 0.09 - 0.01 0.32 0.00 0.12 0.11 0.12 - 0.01 0.37 0.11 0.00 0.00 0.52 unch 0.00 0.60 0.25 0.00 0.00 0.05 unch 0.00 0.05 0.05 0.36 0.30 0.36 + 0.03 0.70 0.30 0.28 0.24 0.27 + 0.01 0.94 0.24 0.01 0.00 0.01 + 0.01 0.03 0.01 0.05 0.03 0.03 - 0.01 0.07 0.03 0.05 0.05 0.05 - 0.02 0.09 0.04 0.00 0.00 0.06 unch 0.00 0.11 0.06 0.29 0.23 0.23 - 0.05 0.45 0.21 0.22 0.17 0.18 - 0.04 0.36 0.15 0.16 0.13 0.14 - 0.02 0.41 0.13 0.22 0.17 0.18 - 0.03 0.53 0.17 0.42 0.37 0.38 - 0.02 0.58 0.37 0.54 0.48 0.49 - 0.03 0.73 0.49 0.07 0.07 0.07 unch 0.00 0.09 0.01 0.09 0.09 0.09 + 0.01 0.11 0.07 0.20 0.00 0.20 + 0.01 0.30 0.12 0.07 0.06 0.07 + 0.01 0.20 0.05 0.08 0.00 0.08 + 0.01 0.24 0.07 33.16 0.00 32.84 unch 0.00 48.27 27.13 0.05 0.04 0.04 + 0.00 0.08 0.04 0.06 0.05 0.06 unch 0.00 0.11 0.05 0.12 0.00 0.12 unch 0.00 0.43 0.08 0.06 0.04 0.04 - 0.02 0.25 0.04 0.25 0.00 0.20 - 0.06 0.37 0.04 0.68 0.63 0.63 - 0.03 0.86 0.31 0.06 0.05 0.05 unch 0.00 0.23 0.05 0.33 0.00 0.30 - 0.01 0.70 0.28 0.04 0.04 0.04 unch 0.00 0.12 0.04 0.06 0.00 0.05 + 0.01 0.14 0.04 0.02 0.01 0.01 - 0.00 0.13 0.01 0.02 0.00 0.02 - 0.01 0.16 0.02 0.37 0.32 0.33 - 0.03 0.85 0.32 0.47 0.41 0.41 - 0.05 0.99 0.44 1.86 1.73 1.80 - 0.07 2.97 1.55 1.44 1.37 1.37 - 0.08 2.36 1.25 0.21 0.18 0.20 + 0.02 0.50 0.13 0.14 0.00 0.14 unch 0.00 0.22 0.10 0.59 0.56 0.56 - 0.03 0.95 0.57 0.47 0.43 0.43 - 0.03 0.85 0.43 0.01 0.00 0.01 unch 0.00 0.05 0.01 0.30 0.24 0.24 - 0.06 1.20 0.21 0.09 0.04 0.04 + 0.00 0.86 0.01 0.06 0.00 0.06 + 0.02 0.14 0.05 0.11 0.10 0.10 unch 0.00 0.16 0.08 0.08 0.07 0.07 unch 0.00 0.12 0.01 0.35 0.27 0.34 + 0.05 0.79 0.27 0.47 0.35 0.42 + 0.07 0.51 0.11 0.56 0.46 0.55 + 0.10 0.64 0.16 51.35 46.18 47.23 + 0.62 79.28 28.26 0.07 0.00 0.06 - 0.01 0.15 0.06 0.08 0.08 0.08 unch 0.00 0.19 0.08 0.12 0.00 0.11 unch 0.00 0.24 0.11 0.58 0.53 0.53 - 0.02 0.99 0.40 0.45 0.41 0.42 - 0.01 0.79 0.32 0.08 0.05 0.08 + 0.01 0.71 0.04 0.19 0.00 0.18 + 0.01 0.23 0.16 0.13 0.13 0.13 unch 0.00 0.18 0.13 0.07 0.06 0.06 + 0.00 0.15 0.05 0.09 0.00 0.09 unch 0.00 0.17 0.06 0.06 0.04 0.04 - 0.01 0.13 0.05 0.04 0.03 0.03 - 0.02 0.11 0.03 0.12 0.09 0.11 + 0.01 0.21 0.09

N-O NACCO Ind* N Namibia Crit V Namibia Crit* O Natural Res Pt* N Navis Res Corp* O NEO Battery V NEO Battery* O Neometals* O Network Expl V Network Expl* O Nevada Canyon* O Nevada Copper* O Nevada Copper T Nevada Expl V Nevada Expl * O Nevada King* O Nevada King V Nevada Lithium C Nevada Lithiu* O Nevada Silver V Nevada Sunrise V Nevada Sunrise* O Nevada Zinc V Nevado Res V NevGold V NevGold* O New Age Metals* O New Age Metals V New Destiny Mg V New Energy Met* O

212 41 66 49 1 851 108 158 219 46 62 504 884 153 459 330 354 185 56 100 383 260 999 0 431 250 696 991 26 2

42.20 36.07 37.90 + 0.13 63.19 23.30 0.15 0.14 0.14 - 0.01 0.40 0.14 0.16 0.10 0.11 + 0.01 0.40 0.08 40.00 36.50 37.23 - 0.95 50.82 19.49 0.62 0.00 0.42 - 0.13 2.46 0.27 0.28 0.21 0.23 + 0.01 1.31 0.21 0.20 0.16 0.18 - 0.00 1.21 0.16 0.70 0.57 0.63 - 0.07 1.50 0.36 0.17 0.13 0.17 + 0.01 0.78 0.14 0.12 0.11 0.11 - 0.02 0.69 0.11 0.62 0.61 0.61 unch 0.00 1.07 0.32 0.24 0.20 0.21 - 0.02 0.99 0.20 0.30 0.25 0.26 - 0.03 2.30 0.26 0.05 0.00 0.05 - 0.01 0.22 0.05 0.05 0.04 0.04 - 0.01 0.17 0.04 0.25 0.21 0.22 - 0.02 0.53 0.22 0.33 0.28 0.28 - 0.04 0.58 0.27 0.13 0.11 0.12 - 0.01 0.78 0.11 0.13 0.09 0.09 - 0.01 0.75 0.09 0.25 0.22 0.23 + 0.01 0.60 0.21 0.24 0.20 0.23 + 0.03 0.37 0.05 0.19 0.14 0.18 + 0.02 0.29 0.04 0.08 0.07 0.08 + 0.01 0.16 0.05 0.00 0.00 0.11 unch 0.00 0.15 0.10 0.61 0.50 0.57 - 0.02 0.85 0.34 0.51 0.37 0.45 - 0.01 0.65 0.27 0.05 0.04 0.05 - 0.01 0.12 0.05 0.07 0.00 0.06 - 0.01 0.15 0.06 0.04 0.00 0.04 - 0.01 0.07 0.04 0.05 0.05 0.05 unch 0.00 0.10 0.04

WWW.NORTHERNMINER.COM

(100s) Stock

Exc Volume

New Energy Met V 7 361 New Found Gold V New Gold T 3517 New Gold* X 13992 New Pac Metals T 186 New Pac Metals* X 489 New Stratus V 1000 New Target Mng V 0 New Tech Min* O 0 New Tech Min C 802 New World Res* O 12 Newcore Gold V 419 50 Newcore Gold* O Newcrest Mg T 158 Newcrest Mg* O 117 C 418 Newlox Gold Newmac Res V 0 444 Newmont Corp T Newmont Corp* N 22800 Neworigin Gold V 130 237 Newport Expl V NewRange Gold* O 574 NewRange Gold V 329 332 Nexa Resources* N Nexgen Energy T 3872 Nexgen Energy* N 8199 NextSource Mat T 133 Nexus Gold* O 0 Nexus Gold V 1657 Nfld Discovery C 196 46 Nfld Discovery* O NGEx Minerals V 366 2 NGEx Minerals* O Nickel 28* O 11 Nickel 28 V 372 317 Nickel Creek* O Nickel Creek T 372 Nickel North V 127 Nickel Rock V 118 O 183 Nickel Rock* 322 Nicola Mg Inc V Nicola Mg Inc* O 996 150 Nighthawk Gold* O Nighthawk Gold T 863 Niobay Metals V 56 V 51 Niocan Inc Niocorp Dev T 408 496 Niocorp Dev* O Nippon Dragon V 2 Nippon Dragon* O 20 V 429 Nobel Res Nobel Res* O 76 Noble Metal V 0 Noble Mineral V 205 Noble Mineral* O 257 O 6 Noka Res* Noram Vent V 42 O 50 Noram Vent* Norra Metals V 125 Norrland Gold V 58 Norse Gold V 0 Norseman Silv V 338 Norsemont Cap C 148 Norsemont Cap* O 25 V 0 Nortec Mnls North Am Nickl V 0 North Arrow Mn V 0 43 North Arrow Mn* O North Bay Res * O 186461 North Peak Res* O 33 101 North Peak Res V North Valley C 36 40 Northcliff Res T Northern Light C 5 Northern Light* O 40 Northern Uran V 119 Northisle C&G V 4631 Northisle C&G * O 295 Northstar Gold C 220 31 Northstar Gold* O Northwest Cop* O 65 Northwest Cop V 707 Norvista Cap V 0 NorZinc T 488 NorZinc* O 298 Nouveau Monde V 113 Nouveau Monde* N 243 NovaGold Res T 596 NovaGold Res* X 6118 T 977 Novo Res Nrthn Graphite V 408 Nrthn Graphite* O 126 V 5 Nrthn Lion Nrthn Lion* O 1 Nrthn Mnrls &E* O 37 V 447 Nrthn Shield Nrthn Superior V 92 Nrthn Superior* O 26 NSJ Gold C 13 NSS Res Inc C 158 Nthn Dynasty T 272 Nthn Dynasty* X 5222 Nubian Res V 290 Nubian Res* O 51 Nuinsco Res* O 8 Nuinsco Res C 334 NuLegacy Gold V 2153 NuLegacy Gold* O 1030 N 14267 Nutrien* Nutrien T 7775 V 458 NV Gold NV Gold* O 147 O2Gold V 110 V 66 O3 Mining OceanaGold* O 0 T 4429 OceanaGold Oceanic Iron O V 0 Oceanic Iron O* O 40 761 Oceanus Res V Oceanus Res* O 392 V 69 Odyssey Res Olivut Res V 11 Olivut Res* O 289 V 218 Omai Gold O 31 Omai Gold* Omineca Mining* O 113 Omineca Mining V 183 One World Lith* O 73 One World Lith C 1312 Opawica Expl V 1792 Opawica Expl* O 83 Ophir Gold V 125 O 17 Ophir Gold* Optimum Vent* O 64 58 Optimum Vent V Optimus Gold V 0 Opus One Gold V 66 Ord Mountain V 0 Orea Mining T 516 Orea Mining* O 925 Orefinders Res V 309 Orestone Mng V 175 Orex Mnrls* O 14 Orex Mnrls V 39 Orezone Gold T 362 Orezone Gold* O 73 Orford Mining V 74 Origen Res* O 14 Origen Res C 112 Orla Mining T 877 Oroco Res V 658 Oroco Res* O 765 Orsu Metals V 0 Orvana Mnrls* O 857 Orvana Mnrls T 346 Osino Res* O 35 Osino Res V 134 Osisko Gold* N 4322 Osisko Gold T 1748 Osisko Metals* O 173 Osisko Metals V 152 Osisko Mng Inc T 2626 Outback Gold* O 6 Outcrop S&G V 1010 Outcrop S&G* O 487 Oz Lithium C 68 Oz Lithium* O 11 OZ Minerals* O 1

Week High

Low

Last Change

12-month High Low

0.07 0.00 0.07 + 0.02 0.12 0.05 6.49 5.70 5.77 - 0.53 12.47 5.99 1.62 1.37 1.37 - 0.17 2.57 1.29 1.27 1.07 1.07 - 0.13 2.02 1.01 4.39 3.67 3.67 - 0.67 6.19 3.08 3.39 2.84 2.87 - 0.51 5.02 2.38 0.77 0.63 0.77 + 0.20 1.45 0.25 0.00 0.00 0.10 unch 0.00 0.23 0.10 0.00 0.00 0.04 unch 0.00 0.07 0.04 0.04 0.04 0.04 unch 0.00 0.08 0.04 1.40 1.24 1.30 - 0.05 4.10 1.24 0.34 0.28 0.28 - 0.05 0.73 0.29 0.28 0.22 0.22 - 0.03 0.56 0.23 19.85 18.02 18.04 - 2.69 28.00 18.73 15.47 14.02 14.02 - 2.04 21.40 14.60 0.16 0.14 0.14 - 0.02 0.61 0.15 0.00 0.00 0.29 unch 0.00 0.29 0.29 83.10 76.45 76.60 - 6.17 108.98 66.25 64.40 59.32 59.67 - 4.51 86.37 52.60 0.08 0.00 0.07 - 0.02 0.16 0.07 0.44 0.43 0.43 - 0.01 0.52 0.41 0.03 0.03 0.03 - 0.00 0.17 0.02 0.04 0.00 0.04 - 0.01 0.22 0.03 6.87 6.00 6.01 - 0.68 12.86 6.08 5.26 4.47 4.62 - 0.34 8.30 4.44 4.10 3.46 3.59 - 0.27 6.56 3.42 2.27 1.99 2.12 + 0.01 4.90 1.77 0.00 0.00 0.02 unch 0.00 0.06 0.01 0.02 0.02 0.02 unch 0.00 0.06 0.01 0.20 0.17 0.17 - 0.03 0.62 0.16 0.15 0.13 0.13 - 0.01 0.52 0.12 2.30 1.90 1.90 - 0.20 4.22 0.53 1.64 1.64 1.64 unch 0.00 5.00 0.43 0.94 0.88 0.88 - 0.02 1.45 0.59 1.24 1.13 1.16 - 0.03 1.79 0.83 0.05 0.04 0.05 - 0.01 0.13 0.04 0.07 0.06 0.06 - 0.01 0.16 0.06 0.05 0.00 0.05 + 0.01 0.07 0.03 0.08 0.00 0.07 - 0.01 0.23 0.07 0.06 0.05 0.06 - 0.00 0.18 0.05 0.09 0.08 0.08 - 0.01 0.15 0.07 0.07 0.06 0.06 - 0.00 0.12 0.06 0.35 0.32 0.32 - 0.04 0.88 0.33 0.47 0.40 0.42 - 0.05 1.14 0.40 0.15 0.00 0.15 unch 0.00 0.72 0.13 0.06 0.00 0.06 unch 0.00 0.17 0.05 0.90 0.79 0.90 + 0.10 1.84 0.76 0.70 0.62 0.69 + 0.06 1.48 0.59 0.02 0.00 0.02 unch 0.00 0.08 0.02 0.01 0.01 0.01 unch 0.00 0.05 0.00 0.08 0.07 0.07 - 0.02 1.03 0.07 0.08 0.06 0.06 - 0.00 0.87 0.06 0.00 0.00 0.01 unch 0.00 0.02 0.01 0.06 0.05 0.05 unch 0.00 0.12 0.05 0.05 0.04 0.04 + 0.00 0.14 0.04 0.24 0.21 0.24 + 0.03 0.62 0.20 0.64 0.61 0.63 - 0.02 1.05 0.47 0.51 0.47 0.49 - 0.01 0.88 0.38 0.05 0.00 0.04 - 0.01 0.09 0.03 0.05 0.00 0.05 - 0.01 0.39 0.05 0.00 0.00 0.04 unch 0.00 0.08 0.04 0.16 0.13 0.16 + 0.02 0.48 0.13 0.54 0.48 0.50 + 0.01 1.11 0.45 0.41 0.38 0.40 + 0.01 0.86 0.36 0.00 0.00 0.01 unch 0.00 0.06 0.01 0.00 0.00 0.58 unch 0.00 0.65 0.23 0.00 0.00 0.09 unch 0.00 0.15 0.07 0.06 0.06 0.06 + 0.00 0.12 0.00 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.70 0.59 0.60 - 0.11 4.60 0.25 0.90 0.70 0.75 - 0.14 5.85 0.36 0.07 0.05 0.05 - 0.02 0.10 0.05 0.06 0.00 0.05 - 0.01 0.08 0.03 0.05 0.00 0.05 unch 0.00 6.50 0.04 0.05 0.05 0.05 unch 0.00 0.03 0.00 0.03 + 0.01 0.09 0.01 0.28 0.20 0.21 + 0.02 0.55 0.16 0.26 0.15 0.16 + 0.01 0.46 0.00 0.12 0.10 0.10 - 0.02 0.32 0.10 0.09 0.08 0.08 - 0.01 0.25 0.07 0.38 0.30 0.31 - 0.03 0.84 0.31 0.51 0.39 0.39 - 0.03 1.10 0.39 0.00 0.00 0.05 unch 0.00 0.13 0.05 0.03 0.02 0.03 + 0.01 0.08 0.02 0.02 0.02 0.02 - 0.00 0.07 0.01 6.98 6.15 6.21 + 0.14 11.90 6.05 5.40 4.77 4.86 + 0.03 9.57 4.69 7.50 6.15 6.15 - 1.30 10.97 6.79 5.81 4.78 4.81 - 0.99 8.84 5.22 0.51 0.41 0.44 - 0.05 2.31 0.41 0.68 0.49 0.62 + 0.11 0.94 0.33 0.51 0.38 0.47 + 0.09 0.77 0.28 0.16 0.00 0.16 - 0.02 0.43 0.16 0.12 0.12 0.12 unch 0.00 0.50 0.12 0.12 0.08 0.11 - 0.01 0.34 0.07 0.02 0.01 0.02 - 0.01 0.07 0.01 0.57 0.50 0.51 - 0.04 1.24 0.50 0.47 0.39 0.42 - 0.03 0.99 0.39 0.08 0.00 0.08 + 0.01 0.24 0.06 0.05 0.00 0.04 - 0.01 0.14 0.03 0.37 0.32 0.32 - 0.04 0.78 0.33 0.29 0.25 0.26 - 0.02 0.62 0.26 0.09 0.08 0.08 - 0.02 0.40 0.06 0.07 0.07 0.07 unch 0.00 0.33 0.06 0.01 0.01 0.01 unch 0.00 0.02 0.01 0.02 0.01 0.02 + 0.01 0.03 0.01 0.06 0.04 0.06 + 0.02 0.15 0.03 0.05 0.02 0.05 + 0.02 0.13 0.02 89.00 78.76 79.69 - 0.50 117.25 57.08 114.35 101.81 102.51 - 0.94 147.93 72.10 0.09 0.00 0.08 unch 0.00 0.24 0.08 0.07 0.06 0.06 - 0.00 0.19 0.06 0.02 0.00 0.02 unch 0.00 0.27 0.01 2.05 1.93 1.97 - 0.09 2.53 1.89 2.15 2.15 2.15 unch 0.00 2.70 1.48 2.68 2.43 2.47 - 0.09 3.41 1.79 0.00 0.00 0.11 unch 0.00 0.24 0.09 0.08 0.08 0.08 unch 0.00 0.16 0.08 0.31 0.26 0.26 - 0.04 0.78 0.26 0.24 0.19 0.20 - 0.02 0.64 0.21 0.05 0.03 0.03 - 0.02 0.05 0.03 0.04 0.00 0.04 + 0.01 0.08 0.03 0.03 0.03 0.03 + 0.00 0.06 0.02 0.06 0.00 0.05 - 0.01 0.17 0.05 0.05 0.04 0.04 - 0.01 0.27 0.00 0.08 0.08 0.08 - 0.00 0.26 0.07 0.11 0.09 0.09 - 0.01 0.32 0.09 0.04 0.03 0.04 + 0.00 0.09 0.02 0.05 0.04 0.05 + 0.01 0.12 0.03 0.14 0.12 0.13 - 0.03 0.57 0.12 0.11 0.09 0.11 - 0.00 0.47 0.09 0.06 0.00 0.06 unch 0.00 0.22 0.05 0.04 0.00 0.04 - 0.01 0.20 0.04 0.21 0.17 0.17 - 0.04 0.62 0.20 0.26 0.00 0.23 - 0.04 0.80 0.23 0.00 0.00 0.11 unch 0.00 0.30 0.11 0.04 0.00 0.03 - 0.01 0.06 0.03 0.00 0.00 0.20 unch 0.00 0.20 0.20 0.06 0.04 0.06 + 0.02 0.31 0.04 0.08 0.03 0.04 + 0.01 0.26 0.03 0.04 0.00 0.04 unch 0.00 0.08 0.04 0.02 0.00 0.02 - 0.01 0.08 0.02 0.05 0.05 0.05 + 0.00 0.12 0.04 0.06 0.00 0.06 - 0.01 0.15 0.06 1.35 1.28 1.28 - 0.02 1.81 0.99 1.05 1.00 1.00 - 0.01 1.43 0.77 0.10 0.00 0.10 unch 0.00 0.27 0.10 0.18 0.01 0.18 - 0.02 0.33 0.01 0.24 0.22 0.23 - 0.02 0.43 0.14 4.09 3.52 3.52 - 0.53 6.59 3.62 0.93 0.75 0.75 - 0.15 3.35 0.78 0.72 0.58 0.59 - 0.11 2.77 0.60 0.00 0.00 0.13 unch 0.00 0.30 0.12 0.31 0.20 0.27 + 0.06 0.42 0.20 0.40 0.25 0.33 + 0.07 0.54 0.25 0.82 0.78 0.81 + 0.03 1.21 0.76 1.09 0.98 1.08 + 0.03 1.40 0.98 10.90 10.07 10.10 - 0.69 14.57 10.18 14.02 12.97 12.98 - 0.90 18.59 13.30 0.31 0.29 0.29 - 0.01 0.55 0.27 0.39 0.37 0.38 - 0.01 0.69 0.35 3.64 3.06 3.06 - 0.53 5.02 2.33 0.10 0.09 0.09 - 0.00 0.42 0.08 0.13 0.10 0.12 - 0.01 0.36 0.10 0.10 0.08 0.09 - 0.00 0.27 0.08 0.16 0.10 0.10 - 0.06 0.35 0.09 0.13 0.02 0.13 + 0.01 1.00 0.01 12.75 0.00 12.68 - 0.44 21.04 12.68

(100s) Stock

Exc Volume

Week High

Low

12-month

Last Change

High Low

P-Q P2 Gold V 127 O 71 P2 Gold* Pac Arc Res V 0 Pac Bay Mnrls V 5 8 Pac Booker Min* O Pac Booker Min V 9 V 38 Pac Imperial 153 Pac Ridge Expl V Pac Ridge Expl* O 47 1 Pacific Empire* O 192 Pacific Empire V Pacific Silk V 0 V 46 Pacton Gold Paladin Energy* O 946 30 Palamina Corp V Palamina Corp* O 29 280 Palayan Res* O Paleo Resource V 170 Palladium One* O 689 Palladium One V 1351 Pampa Metals C 84 Pampa Metals* O 4 Pan Am Silver* D 6862 Pan Am Silver T 1575 Pan Global Res* O 17 Pan Global Res V 107 Pancontinental V 105 Pancontinental* O 14 V 28 Pangolin Dia Panoro Mnrls V 11 Panoro Mnrls* O 63 Pantera Silver V 147 PanTerra Gold* O 2 44 Pantheon Vent V Para Resources V 302 Paramount Gold* X 772 Parlane Res V 670 Pasinex Res C 106 29 Pasofino Gold* O Pasofino Gold V 58 Patriot Gold C 72 O 29 Patriot Gold* Peabody Enrgy* N 21315 17 Pegasus Res* O Pegasus Res V 376 Pelangio Expl* O 29 Pelangio Expl V 1083 Peloton Mnrls C 262 301 Peloton Mnrls* O PepinNini Lith* O 10 Perpetua Res T 39 Perpetua Res* D 448 Perseus Mng T 134 172 Pershimex Res V Pershing Res* O 258 Peruvian Metal* O 25 Peruvian Metal V 324 Petra Diamonds* O 9 V 1 Petrolympic Petrolympic* O 48 Phenom Res* O 30 Phenom Res V 27 Phoenix Global* O 3 90 Phoenix Metals V Pine Cliff En* O 120 Pine Cliff En T 2469 C 134 Pivit Explor PJX Res V 28 V 0 Plata Latina Platinex Inc C 324 Platinum Gp Mt T 196 Platinum Gp Mt* X 1536 Plato Gold V 598 V 165 Playfair Mng Playfair Mng* O 1 PNG Copper C 1451 PolyMet Mng* X 206 PolyMet Mng T 5 108 Portofino Res V Portofino Res* O 91 Power Group V 309 Power Group* O 20 Power Metals V 412 116 Power Metals* O PPX Mining* O 3 PPX Mining V 0 Precipitate Gl* O 495 Precipitate Gl V 235 95 Prime Meridian V Prime Mining* O 65 Prime Mining V 473 V 30 Prism Res Prismo Metals C 564 V 100 ProAm Expl Probe Metals* O 167 Probe Metals V 226 Prog Planet V 63 Prog Planet* O 20 Prospect Ridge C 54 Prosper Gold V 19 107 Provenance Gld C Providence V 111 37 Providence Gld* O Pucara Gold V 57 Pucara Gold* O 26 PUF Vent Inc * O 60 Puma Expl* O 83 Puma Expl V 618 Pure Alumina* O 26 Pure Energy* O 50 Pure Energy V 49 Pure Gold Mg* O 568 Pure Gold Mg V 1988 Purepoint Uran V 2045 Q-Gold Res* O 4 Q-Gold Res V 19 QC Copper V 195 QC Copper* O 328 QC Precious * O 30 QC Precious V 89 V 117 QcX Gold QcX Gold* O 31 QMC Quantum Ml*O 47 QMC Quantum Ml V 94 QNB Metals C 399 Quadro Res* O 288 Quadro Res V 44 Quantum Batt* O 2 Quantum Batt C 83 Quartz Mtn Res* O 1 Quartz Mtn Res V 31 Quebec Nickel C 365 Quebec Silica C 582

0.46 0.41 0.42 - 0.04 0.83 0.34 0.48 0.32 0.33 - 0.03 1.60 0.28 0.00 0.00 0.21 unch 0.00 0.26 0.14 0.07 0.00 0.07 unch 0.00 0.16 0.07 0.82 0.00 0.82 + 0.19 3.90 0.43 1.05 0.00 0.80 + 0.05 4.99 0.53 0.03 0.00 0.03 - 0.01 0.06 0.02 0.39 0.33 0.36 + 0.02 0.58 0.10 0.31 0.26 0.27 + 0.01 0.47 0.08 0.04 0.04 0.04 unch 0.00 0.05 0.02 0.04 0.00 0.04 unch 0.00 0.07 0.02 0.00 0.00 0.03 unch 0.00 0.04 0.02 0.33 0.28 0.31 + 0.05 0.80 0.26 0.47 0.38 0.40 - 0.02 0.80 0.27 0.13 0.00 0.12 - 0.02 0.37 0.12 0.11 0.00 0.09 - 0.02 0.36 0.10 0.06 0.05 0.06 - 0.00 0.32 0.03 0.02 0.00 0.02 unch 0.00 0.04 0.01 0.10 0.08 0.09 + 0.00 0.26 0.08 0.14 0.11 0.12 + 0.01 0.32 0.11 0.24 0.21 0.21 - 0.03 0.60 0.20 0.20 0.00 0.20 + 0.00 0.48 0.09 21.58 19.59 19.67 - 1.39 30.56 20.12 27.73 25.24 25.29 - 1.89 38.51 26.10 0.54 0.33 0.33 - 0.01 0.70 0.02 0.46 0.00 0.44 - 0.02 0.87 0.40 0.05 0.00 0.05 unch 0.00 0.17 0.04 0.04 0.03 0.03 - 0.00 0.14 0.03 0.01 0.00 0.01 unch 0.00 0.03 0.01 0.14 0.00 0.14 unch 0.00 0.21 0.11 0.12 0.10 0.11 - 0.00 0.18 0.08 0.13 0.10 0.12 + 0.01 0.34 0.10 0.05 0.05 0.05 unch 0.00 0.07 0.04 0.07 0.00 0.06 - 0.01 0.28 0.05 0.34 0.30 0.31 - 0.03 0.44 0.24 0.53 0.40 0.44 - 0.03 1.10 0.45 0.04 0.04 0.04 + 0.01 0.21 0.03 0.06 0.05 0.05 - 0.01 0.07 0.02 0.55 0.52 0.52 - 0.10 1.17 0.46 0.71 0.00 0.62 - 0.08 1.40 0.61 0.05 0.04 0.04 - 0.02 0.17 0.04 0.04 0.03 0.03 - 0.00 0.13 0.03 24.80 20.75 21.33 - 0.26 33.29 6.86 0.04 0.04 0.04 - 0.01 0.10 0.01 0.06 0.05 0.06 unch 0.00 0.11 0.04 0.03 0.03 0.03 - 0.00 0.13 0.03 0.05 0.04 0.04 - 0.01 0.16 0.04 0.07 0.05 0.06 + 0.02 0.12 0.03 0.05 0.05 0.05 + 0.01 0.09 0.03 0.30 0.30 0.30 unch 0.00 0.73 0.21 4.91 3.94 4.24 - 0.67 9.83 3.79 3.83 3.05 3.31 - 0.51 7.90 2.94 1.53 1.35 1.38 - 0.18 1.88 1.11 0.04 0.03 0.03 - 0.01 0.07 0.03 0.07 0.04 0.05 - 0.00 0.09 0.01 0.07 0.07 0.07 unch 0.00 0.18 0.02 0.11 0.08 0.08 - 0.03 0.22 0.09 1.16 1.12 1.16 + 0.05 1.80 0.02 0.07 0.00 0.07 unch 0.00 0.10 0.04 0.05 0.05 0.05 unch 0.00 0.08 0.04 0.35 0.29 0.30 + 0.01 0.68 0.25 0.45 0.38 0.38 unch 0.00 0.85 0.35 0.55 0.35 0.35 - 0.18 1.29 0.47 0.08 0.00 0.07 - 0.01 0.47 0.05 1.33 1.10 1.12 - 0.03 1.63 0.27 1.62 1.41 1.46 - 0.06 2.05 0.33 0.11 0.05 0.07 - 0.03 0.35 0.05 0.15 0.00 0.15 unch 0.00 0.23 0.13 0.00 0.00 0.03 unch 0.00 0.04 0.02 0.04 0.04 0.04 unch 0.00 0.07 0.04 2.00 1.68 1.68 - 0.28 4.64 1.58 1.57 1.30 1.32 - 0.20 3.74 1.21 0.04 0.00 0.04 + 0.01 0.04 0.02 0.08 0.00 0.08 unch 0.00 0.29 0.07 0.05 0.02 0.02 unch 0.00 0.29 0.00 0.06 0.04 0.06 + 0.01 0.17 0.04 3.08 2.68 2.75 - 0.27 4.79 2.41 3.95 3.50 3.50 - 0.35 6.15 3.05 0.08 0.00 0.07 - 0.01 0.17 0.06 0.06 0.05 0.06 + 0.01 0.14 0.05 0.03 0.00 0.03 + 0.01 0.10 0.02 0.02 0.02 0.02 unch 0.00 0.07 0.02 0.19 0.17 0.18 - 0.01 0.34 0.17 0.15 0.13 0.14 - 0.01 0.27 0.12 0.01 0.01 0.01 - 0.03 0.50 0.00 0.00 0.00 0.03 unch 0.00 0.05 0.02 0.07 0.05 0.06 - 0.00 0.13 0.05 0.08 0.07 0.07 - 0.01 0.17 0.07 0.05 0.00 0.05 unch 0.00 0.14 0.05 1.49 1.23 1.34 - 0.14 4.15 1.33 1.96 1.59 1.63 - 0.37 5.24 1.69 0.09 0.00 0.09 + 0.01 0.22 0.07 0.19 0.13 0.17 + 0.01 0.42 0.12 0.03 0.00 0.03 + 0.01 0.10 0.03 1.29 1.14 1.28 + 0.03 1.85 1.20 1.66 0.00 1.63 + 0.02 2.33 1.54 0.28 0.00 0.28 + 0.01 0.60 0.25 0.22 0.22 0.22 unch 0.00 0.48 0.19 0.29 0.24 0.26 + 0.02 2.75 0.23 0.32 0.00 0.32 + 0.03 1.98 0.28 0.11 0.09 0.10 + 0.01 0.18 0.08 0.06 0.00 0.05 unch 0.00 0.09 0.05 0.08 0.05 0.08 + 0.02 0.16 0.00 0.07 0.00 0.07 - 0.01 0.22 0.07 0.06 0.06 0.06 unch 0.00 0.21 0.05 0.06 0.04 0.05 - 0.00 3.17 0.03 0.22 0.19 0.19 unch 0.00 0.50 0.19 0.27 0.22 0.26 unch 0.00 0.64 0.22 0.01 0.01 0.01 + 0.00 0.02 0.00 0.59 0.54 0.54 - 0.05 2.11 0.53 0.76 0.71 0.72 - 0.04 2.60 0.71 0.15 0.13 0.13 - 0.00 1.25 0.11 0.19 0.16 0.17 - 0.01 1.55 0.14 0.07 0.07 0.07 - 0.01 0.17 0.07 0.06 0.00 0.06 unch 0.00 0.21 0.05 0.06 0.00 0.05 - 0.01 0.20 0.04 0.17 0.15 0.16 unch 0.00 0.47 0.15 0.14 0.12 0.12 - 0.01 0.37 0.11 0.09 0.08 0.09 - 0.00 0.23 0.08 0.12 0.11 0.12 + 0.01 0.30 0.10 0.03 0.00 0.02 - 0.01 0.18 0.03 0.02 0.00 0.02 unch 0.00 0.14 0.02 0.17 0.13 0.15 + 0.01 0.31 0.12 0.20 0.00 0.19 unch 0.00 0.39 0.18 0.13 0.06 0.12 unch 0.00 0.25 0.05 0.03 0.02 0.02 - 0.00 0.09 0.01 0.04 0.00 0.03 unch 0.00 0.11 0.02 0.31 0.00 0.31 - 0.05 5.85 0.25 0.43 0.40 0.42 - 0.02 5.85 0.33 0.19 0.19 0.19 + 0.00 0.29 0.00 0.25 0.00 0.24 - 0.04 0.39 0.18 0.14 0.12 0.13 - 0.01 0.41 0.10 0.04 0.03 0.03 - 0.01 0.23 0.03

R Rackla Metals Rackla Metals* Radisson Mng Radius Gold Rain City Raindrop Vent Rainy Mtn Royl Rambler Metals* Rare Element* Rathdowney Res Razore Rock Res Ready Set Gold Ready Set Gold* Recharge Res* Red Pine Expl Regulus Res Remington Res Renforth Res* Renforth Res Resolve Vent Reunion Gold Reunion Gold* Revival Gold Revival Gold * Rex Res Reyna Silver* Reyna Silver Rhyolite Res Richmond Mnls Ridgeline Min Ridgestone M’g* Ridgestone M’g

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

17 0 924 81 0 11 12 0 638 322 42 80 30 18 54 49 0 183 146 426 327 62 96 108 26 661 572 14 73 178 140 67

0.13 0.00 0.13 0.21 0.00 0.37 0.08 0.22 0.62 0.03 0.08 0.07 0.02 0.20 0.32 0.86 0.00 0.04 0.05 0.05 0.28 0.21 0.56 0.44 0.08 0.29 0.36 0.39 0.05 0.27 0.01 0.02

0.00 0.00 0.11 0.19 0.00 0.29 0.00 0.22 0.45 0.00 0.08 0.06 0.00 0.13 0.00 0.77 0.00 0.03 0.04 0.00 0.25 0.20 0.51 0.39 0.00 0.24 0.31 0.00 0.00 0.20 0.01 0.00

0.13 unch 0.10 unch 0.11 0.19 0.05 unch 0.29 0.08 0.22 unch 0.61 + 0.03 0.08 unch 0.06 0.00 unch 0.15 0.31 0.83 + 0.16 unch 0.03 + 0.05 + 0.04 0.25 unch 0.21 + 0.51 0.40 0.08 unch 0.25 0.32 0.33 + 0.04 0.21 0.01 0.02 unch

0.00 0.00 0.02 0.02 0.00 0.06 0.01 0.00 0.06 0.01 0.00 0.05 0.00 0.01 0.01 0.02 0.00 0.01 0.01 0.01 0.00 0.02 0.04 0.03 0.00 0.03 0.05 0.01 0.01 0.05 0.00 0.00

0.41 0.12 0.31 0.40 0.10 1.00 0.26 0.61 2.75 0.05 0.16 0.24 0.15 0.53 0.64 1.50 0.25 0.08 0.09 0.13 0.36 0.29 0.83 0.67 0.39 0.77 0.92 1.70 0.05 0.70 0.07 0.09

0.12 0.01 0.11 0.19 0.01 0.27 0.09 0.02 0.45 0.02 0.08 0.06 0.00 0.00 0.25 0.70 0.16 0.03 0.04 0.04 0.06 0.04 0.49 0.37 0.07 0.24 0.31 0.32 0.03 0.20 0.01 0.01

(100s) Stock

Exc Volume

Week High

Low

12-month

Last Change

High Low

Riley Gold* Riley Gold Rio Silver* Rio Silver Rio Tinto* Rio Tinto* Rio Tinto* Rio2 Limited* Rio2 Limited Rise Gold Corp Rise Gold Corp* Riverside Res Riverside Res* RJK Explor RJK Explor* Robex Res Rochester Res Rock Tech Lith* Rock Tech Lith Rockcliff Met* Rockcliff Met Rockex Mng Rockhaven Re* Rockhaven Res Rockland Res Rockridge Res Rockwealth Res Rogue Res* Rogue Res Rojo Res* Rokmaster Res* Rokmaster Res Romios Gold Rs Romios Gold Rs* RooGold* RooGold RosCan Gold RosCan Gold* Ross River Rover Metals* Rover Metals Royal Fox Gold Royal Fox Gold* Royal Gold* Royal Rd Mnrls RT Minerals* RT Minerals RTG Mining Rugby Mng Running Fox Rs Rupert Res* Rupert Res Rusoro Mng* Rusoro Mng

O 8 V 0 O 9 V 298 N 12632 O 53 O 9 O 1099 V 1435 C 27 O 54 V 22 O 26 V 185 O 3 V 108 V 69 O 23 V 104 O 11 C 772 C 32 O 8 V 8 C 1441 V 832 V 160 O 17 V 31 O 585 O 1223 V 570 V 205 O 48 O 51 C 188 V 243 O 122 V 0 O 1 V 320 V 1914 O 263 D 1664 V 31 O 1400 V 427 T 125 V 411 V 10 O 23 V 100 O 15 V 471

0.17 0.15 0.17 + 0.02 0.47 0.11 0.00 0.00 0.20 unch 0.00 0.57 0.10 0.03 0.00 0.03 unch 0.00 0.11 0.00 0.04 0.00 0.03 - 0.01 0.08 0.03 64.59 59.98 61.00 - 1.72 89.51 59.58 63.74 60.90 60.90 - 2.20 89.06 57.41 76.62 0.00 74.50 + 3.01 100.31 63.01 0.27 0.21 0.21 - 0.05 0.67 0.17 0.34 0.28 0.29 - 0.06 0.85 0.22 0.53 0.48 0.50 - 0.03 0.99 0.36 0.45 0.39 0.44 - 0.01 0.80 0.28 0.14 0.00 0.13 unch 0.00 0.19 0.13 0.10 0.10 0.10 + 0.00 0.15 0.09 0.10 0.00 0.08 - 0.03 0.22 0.08 0.08 0.08 0.08 unch 0.00 0.40 0.01 0.39 0.00 0.35 - 0.03 0.43 0.26 0.04 0.00 0.03 - 0.01 0.08 0.04 3.81 3.22 3.35 + 0.13 7.53 3.02 4.92 4.15 4.15 - 0.10 9.38 3.76 0.04 0.03 0.03 - 0.01 0.07 0.04 0.05 0.04 0.04 - 0.01 0.08 0.04 0.04 0.03 0.03 unch 0.00 0.05 0.03 0.10 0.05 0.06 + 0.01 0.12 0.00 0.08 0.00 0.08 unch 0.00 0.14 0.08 0.14 0.09 0.10 - 0.01 0.26 0.09 0.07 0.05 0.06 - 0.01 0.15 0.06 0.26 0.22 0.25 + 0.01 0.45 0.12 0.06 0.00 0.06 unch 0.00 0.10 0.05 0.06 0.00 0.06 - 0.02 0.16 0.06 0.21 0.17 0.19 - 0.02 1.01 0.17 0.12 0.10 0.11 + 0.01 0.46 0.10 0.16 0.14 0.15 + 0.01 0.56 0.13 0.05 0.00 0.04 - 0.01 0.07 0.04 0.04 0.03 0.03 - 0.00 0.05 0.02 0.05 0.04 0.04 - 0.00 0.41 0.03 0.06 0.00 0.06 + 0.01 0.43 0.04 0.28 0.23 0.25 - 0.04 0.47 0.23 0.21 0.17 0.19 - 0.03 0.41 0.11 0.00 0.00 0.26 unch 0.00 0.26 0.26 0.03 0.03 0.03 - 0.00 0.08 0.02 0.04 0.00 0.04 unch 0.00 0.10 0.03 0.05 0.04 0.04 - 0.01 0.08 0.04 0.03 0.03 0.03 + 0.00 0.11 0.03 111.77 106.31 106.78 - 2.90 147.70 92.01 0.20 0.00 0.20 + 0.01 0.35 0.16 0.02 0.02 0.02 unch 0.00 0.07 0.01 0.02 0.00 0.02 unch 0.00 0.09 0.01 0.07 0.00 0.06 - 0.02 0.17 0.07 0.17 0.00 0.14 - 0.01 0.24 0.10 0.02 0.00 0.02 unch 0.00 0.05 0.02 3.90 3.59 3.59 - 0.35 5.37 3.30 5.09 4.68 4.72 - 0.33 6.77 4.19 0.06 0.06 0.06 - 0.00 0.07 0.03 0.08 0.08 0.08 - 0.01 0.10 0.04

S2 Minerals Sabina Gd&Slvr* Sabina Gd&Slvr Sable Res* Sable Res Sailfish Rylty Salazar Res* Salazar Res Sama Res Sama Res* San Lorenzo Sanatana Res* Sanatana Res Sandfire Res Sandfire Res* Sandstorm Gold Sandstorm Gold* Santacruz Silv Sarama Res Sassy Res* Sassy Res Satori Res Satori Res* Saturn Mnrls Savannah Min Saville Res Scandium Intl* Scandium Intl Scorpio Gold Scorpio Gold * Scotch Creek Scotch Creek* Scottie Res* Scottie Res ScoZinc Mg Seabridge Gld Seabridge Gld* Seahawk Gold* Seahawk Gold Search Mnls Search Mnls* Searchlight* SearchlightRes Secova Metals* Secova Metals Sego Res Select Sands Sennen Potash Serabi Gold Sherritt Intl Shine Minerals* Shine Minerals Sibanye-Stillw* Sibanye-Stillw* Sidney Resrces* Sienna Res Sienna Res* Sierra Grande Sierra Madre G Sierra Metals Sierra Metals* Sigma Lithium* Sigma Lithium Signature Res Signature Res* Silver Bear Rs Silver Bull Re Silver Bull Re* Silver Dollar Silver Dollar* Silver Eleph Silver Grail Silver Hammer* Silver Hammer Silver One* Silver One Silver Predatr* Silver Predatr Silver Range* Silver Range Silver Sands* Silver Sands Silver Spruce* Silver Spruce Silver Valley Silver Viper* Silver Viper Silver Wolf Silver Wolf* Silver X Silver X* Silvercorp Met Silvercorp Met* SilverCrest* SilverCrest Silverstock Silverton Met* Silverton Met Sirios Res Sitka Gold Sitka Gold* Sixty North Sixty North* Skeena Res SKRR Explor Sky Gold* Sky Gold Skyharbour Res Skyharbour Res* Slam Explor* Slam Explor Slave Lake Zn Slave Lake Zn*

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

0.17 0.91 1.15 0.21 0.29 1.34 0.16 0.21 0.15 0.12 0.14 0.10 0.16 0.16 0.13 8.29 6.48 0.34 0.17 0.24 0.31 0.11 0.08 2.57 0.00 0.02 0.08 0.10 0.07 0.05 0.45 0.36 0.14 0.19 0.74 17.79 13.88 0.22 0.31 0.14 0.10 0.07 0.11 0.08 0.14 0.05 0.08 0.00 0.68 0.46 0.06 0.08 3.00 10.83 0.15 0.05 0.04 0.17 0.00 1.17 0.87 17.33 22.06 0.05 0.04 0.00 0.26 0.21 0.50 0.39 0.52 0.00 0.27 0.36 0.21 0.27 0.07 0.09 0.08 0.12 0.06 0.08 0.03 0.03 0.14 0.15 0.21 0.14 0.08 0.21 0.16 3.58 2.78 7.11 9.12 0.00 0.09 0.13 0.07 0.14 0.11 0.05 0.04 7.78 0.06 0.04 0.06 0.39 0.30 0.01 0.03 0.14 0.06

S 44 823 1712 47 1873 114 9 27 107 48 173 0 51 26 94 937 5158 805 11 17 402 362 120 350 0 707 82 290 138 49 450 646 102 429 55 279 1237 2 4 555 134 228 730 61 6004 401 6 0 2 1822 2 23 3 11306 1503 345 59 4 0 248 297 3012 51 64 122 0 20 45 84 48 47 0 245 287 504 288 58 55 48 45 214 239 2198 1822 823 294 582 118 38 334 30 1013 3721 2438 1108 1 8 278 259 313 323 102 62 470 123 14 44 889 295 1 10 246 1

0.00 0.78 1.01 0.18 0.22 1.23 0.00 0.00 0.00 0.10 0.00 0.00 0.00 0.00 0.11 7.64 5.93 0.28 0.00 0.22 0.27 0.10 0.06 2.40 0.00 0.00 0.07 0.09 0.05 0.04 0.39 0.30 0.13 0.17 0.00 15.90 12.32 0.22 0.31 0.10 0.08 0.06 0.08 0.05 0.04 0.00 0.00 0.00 0.00 0.40 0.06 0.00 2.55 9.90 0.14 0.05 0.03 0.00 0.00 0.99 0.77 14.68 18.90 0.00 0.03 0.00 0.25 0.19 0.45 0.36 0.46 0.00 0.23 0.30 0.18 0.23 0.00 0.00 0.00 0.00 0.05 0.07 0.02 0.03 0.10 0.13 0.17 0.00 0.07 0.19 0.14 3.19 2.48 6.07 7.83 0.00 0.00 0.00 0.06 0.00 0.10 0.04 0.03 6.75 0.00 0.04 0.05 0.30 0.23 0.01 0.00 0.12 0.05

0.14 0.81 1.06 0.18 + 0.24 + 1.23 0.16 + 0.19 + 0.14 0.10 0.13 + 0.10 0.16 0.14 0.11 7.64 5.95 0.30 0.16 0.23 0.30 + 0.10 0.07 unch 2.40 0.26 unch 0.02 0.08 unch 0.10 + 0.07 + 0.05 + 0.42 + 0.35 + 0.14 + 0.19 + 0.73 + 15.95 12.43 0.22 unch 0.31 unch 0.12 0.09 0.07 + 0.11 + 0.08 + 0.10 + 0.05 unch 0.08 0.45 unch 0.68 + 0.41 0.06 unch 0.08 2.55 9.97 0.15 + 0.05 0.04 + 0.17 + 0.74 unch 1.04 0.80 15.40 20.00 0.05 unch 0.04 0.05 unch 0.25 0.19 0.48 unch 0.36 0.52 + 0.08 unch 0.24 + 0.33 + 0.19 0.24 0.07 0.09 unch 0.07 0.10 0.06 + 0.07 0.02 0.03 unch 0.11 0.14 0.20 + 0.09 0.08 unch 0.21 unch 0.16 3.19 2.48 6.11 7.87 0.20 unch 0.08 unch 0.13 + 0.06 unch 0.13 0.10 0.04 0.04 + 6.80 0.05 0.04 unch 0.05 0.32 0.25 0.01 unch 0.03 + 0.14 + 0.05 -

0.04 0.07 0.07 0.00 0.01 0.07 0.01 0.01 0.02 0.01 0.01 0.01 0.02 0.04 0.02 0.38 0.27 0.02 0.01 0.01 0.02 0.02 0.00 0.13 0.00 0.01 0.00 0.01 0.01 0.01 0.03 0.05 0.01 0.01 0.12 1.36 1.01 0.00 0.00 0.02 0.02 0.01 0.03 0.01 0.06 0.00 0.01 0.00 0.02 0.04 0.00 0.02 0.29 0.76 0.00 0.01 0.00 0.02 0.00 0.04 0.06 0.70 0.55 0.00 0.00 0.00 0.02 0.02 0.00 0.01 0.07 0.00 0.01 0.02 0.02 0.02 0.00 0.00 0.01 0.03 0.00 0.01 0.00 0.00 0.04 0.01 0.03 0.04 0.00 0.00 0.00 0.30 0.25 0.79 1.01 0.00 0.00 0.01 0.00 0.01 0.01 0.01 0.01 0.85 0.01 0.00 0.01 0.04 0.02 0.00 0.01 0.02 0.01

0.28 1.52 1.90 0.26 0.33 1.65 0.32 0.42 0.28 0.22 0.18 0.15 0.20 0.24 0.20 11.61 9.18 0.56 0.28 0.68 0.83 0.18 0.14 4.49 0.35 0.06 0.20 0.24 0.17 0.14 0.93 2.88 0.21 0.25 0.75 28.00 22.22 0.72 0.90 0.33 0.27 0.11 0.14 0.22 0.22 0.13 0.14 0.45 1.30 0.85 0.13 0.16 5.15 20.64 0.28 0.15 0.12 0.70 0.86 3.96 3.14 19.99 25.05 0.16 0.13 0.14 1.49 1.21 1.06 0.89 4.05 0.25 0.86 1.08 0.53 0.65 0.15 0.19 0.23 0.21 0.16 0.20 0.06 0.07 0.33 0.60 0.72 0.54 0.42 0.52 0.41 7.07 5.70 10.13 12.99 0.29 0.64 0.70 0.11 0.20 0.15 0.08 0.06 17.11 0.18 0.16 0.19 0.87 0.70 0.12 0.16 0.24 0.22

0.13 0.80 1.03 0.12 0.16 1.09 0.14 0.18 0.12 0.09 0.08 0.06 0.07 0.11 0.08 6.86 5.31 0.22 0.15 0.21 0.25 0.09 0.06 2.20 0.21 0.02 0.01 0.08 0.05 0.03 0.27 0.18 0.12 0.16 0.45 16.47 12.75 0.16 0.20 0.11 0.09 0.03 0.06 0.00 0.04 0.04 0.05 0.45 0.51 0.36 0.07 0.09 0.00 10.13 0.11 0.05 0.03 0.15 0.39 0.99 0.77 4.89 6.36 0.04 0.03 0.04 0.23 0.16 0.45 0.36 0.45 0.07 0.23 0.30 0.19 0.25 0.07 0.07 0.03 0.09 0.05 0.07 0.01 0.02 0.11 0.13 0.17 0.09 0.07 0.18 0.00 3.22 2.46 5.99 7.84 0.12 0.08 0.09 0.06 0.08 0.06 0.04 0.03 6.92 0.05 0.03 0.04 0.29 0.22 0.00 0.03 0.06 0.01

GLOBAL MINING NEWS

(100s) Stock

Week

Exc Volume

Snowline Gold Snowy Owl Sokoman Min Sokoman Min* Solaris Res SolGold plc* SolGold plc SolidusGold Solitario Ex&R Solitario Ex&R* Solstice Gold Sonora Gld & S Sonoro Gold* Sonoro Gold SOPerior Fert South Atlantic* South Atlantic South Star Bat South Star Bat* South32* Southern Copp* Southern Emp Southern Silvr Southern Silvr* SouthGobi Res Southstone Min* Southstone Min Spanish Mtn Gd Spanish Mtn Gd* Sparton Res Sparton Res* SPC Nickel SPC Nickel* Spearmint Res Spearmint Res* Sphinx Res Spruce Ridge R SRG Mining SSR Mining* SSR Mining St Augustine St-Georges Eco St-Georges Eco* St. James Gold St. James Gold* Stakeholdr Gld Stallion Gold Standard Graph* Standard Metal* Standard Uran* Standard Uran Stans Energy Star Diamond* Star Diamond Star Gold* Starcore Intl* Starcore Intl Starr Peak* Starr Peak Stellar Africa Stellar Africa* Stelmine Can Stelmine Can* Steppe Gold Steppe Gold* Sterling Metal Sterling Metal* Stevens Gold* Stevens Gold Stinger Res* Stinger Res Stone Gold Straightup Res Straightup Re* Stratabd Mnr* Stratabd Mnr Strategic Metl* Strategic Metl Strategic Res Strategic Res* Stria Lithium Strikepoint Gd Strikepoint Gd* Strongbow Expl Strongbow Expl* Stroud Res Stuhini Explor* Stuhini Explor Stuve Gold Sulliden Mng* Sulliden Mng Summa Silver* Summa Silver Sun Peak Metal Sun Summit Sun Summit* Suncor Energy* Suncor Energy Superior Gold* Superior Gold Superior Mng Surge Battery* Surge Battery Surge Copper Surge Copper* Sylla Gold

THE NORTHERN MINER / JULY 11 — 24, 2022

High

C 623 C 254 V 200 O 188 T 736 O 11 T 41 V 0 T 9 X 162 V 64 V 0 O 211 V 239 V 2529 O 9 V 658 V 152 O 573 O 17 N 5830 V 12 V 304 O 334 T 5 O 0 V 6 V 217 O 159 V 191 O 9 V 399 O 8 C 1517 O 471 V 0 V 384 V 25 D 19127 T 3930 T 682 C 1987 O 1528 V 56 O 4 V 1 V 5 O 1458 O 3 O 544 V 909 V 0 O 1037 T 6708 O 5 O 70 T 5 O 145 V 290 V 385 O 7 V 191 O 178 T 34 O 4 V 196 O 188 O 25 C 669 O 3 V 30 V 142 C 142 O 61 O 1 V 61 O 74 V 57 V 35 O 0 V 3 V 761 O 127 V 612 O 35 V 43 O 10 V 9 V 0 O 0 T 671 O 264 V 438 V 270 V 349 O 2 N 27701 T 34105 O 41 V 257 V 20 O 114 V 158 V 451 O 108 V 15

Low

12-month

Last Change

1.08 0.84 1.08 + 0.04 0.03 0.03 0.28 0.23 0.24 0.22 0.17 0.17 8.74 7.21 7.46 0.39 0.36 0.39 + 0.48 0.00 0.45 0.00 0.00 0.11 unch 0.72 0.00 0.72 + 0.58 0.54 0.57 0.12 0.10 0.10 0.00 0.00 0.09 unch 0.11 0.11 0.11 + 0.15 0.14 0.15 + 0.03 0.02 0.02 0.04 0.04 0.04 unch 0.05 0.04 0.05 0.71 0.48 0.48 0.10 0.07 0.07 unch 0.00 0.00 2.92 unch 53.36 49.15 49.81 0.08 0.00 0.08 unch 0.25 0.19 0.21 0.20 0.15 0.16 0.21 0.18 0.20 0.00 0.00 0.03 unch 0.02 0.00 0.02 0.18 0.15 0.16 0.14 0.12 0.12 0.09 0.00 0.08 0.06 0.06 0.06 0.08 0.07 0.08 0.05 0.05 0.05 0.09 0.07 0.08 0.07 0.06 0.06 0.00 0.00 0.01 unch 0.07 0.00 0.05 0.86 0.80 0.80 18.18 14.85 16.70 23.36 19.15 21.50 0.07 0.06 0.06 0.22 0.15 0.20 + 0.17 0.11 0.16 + 0.43 0.42 0.42 unch 0.34 0.32 0.33 + 0.56 0.00 0.56 0.23 0.00 0.23 0.00 0.00 0.00 7.50 6.90 6.90 0.07 0.06 0.06 0.10 0.08 0.08 0.00 0.00 0.01 unch 0.19 0.06 0.11 0.29 0.08 0.14 0.02 0.02 0.02 unch 0.19 0.16 0.19 unch 0.29 0.27 0.28 + 1.02 0.84 0.90 1.25 1.14 1.15 0.06 0.00 0.05 unch 0.04 0.00 0.04 + 0.19 0.15 0.16 0.14 0.12 0.12 1.18 1.06 1.13 + 0.91 0.83 0.89 + 0.37 0.32 0.32 0.28 0.24 0.25 0.21 0.00 0.20 0.28 0.26 0.28 + 0.05 0.00 0.05 + 0.09 0.00 0.08 0.22 0.00 0.17 0.08 0.06 0.06 + 0.04 0.04 0.04 unch 0.04 0.02 0.04 + 0.06 0.00 0.05 0.22 0.20 0.21 0.28 0.26 0.26 0.24 0.00 0.22 0.00 0.00 0.25 unch 0.18 0.00 0.18 0.07 0.06 0.06 0.06 0.05 0.05 0.35 0.31 0.33 0.27 0.22 0.27 0.44 0.35 0.35 + 0.40 0.40 0.40 unch 0.51 0.43 0.49 0.00 0.00 0.08 unch 0.00 0.00 0.06 unch 0.08 0.00 0.08 0.56 0.43 0.46 0.71 0.56 0.59 0.16 0.00 0.14 0.24 0.20 0.21 + 0.17 0.17 0.17 + 37.45 33.96 35.07 + 48.20 43.88 45.16 + 0.63 0.61 0.61 0.81 0.00 0.78 0.26 0.00 0.26 0.05 0.03 0.04 0.06 0.05 0.05 0.19 0.17 0.17 0.14 0.13 0.13 0.15 0.00 0.14 -

High Low

0.21 1.34 0.24 0.01 0.16 0.03 0.04 0.73 0.23 0.02 0.64 0.17 1.19 17.17 7.91 0.03 0.52 0.29 0.02 0.67 0.39 0.00 0.12 0.07 0.01 1.20 0.53 0.01 0.98 0.41 0.01 0.25 0.09 0.00 0.09 0.09 0.00 0.32 0.10 0.01 0.39 0.12 0.01 0.11 0.02 0.00 0.11 0.01 0.01 0.10 0.04 0.11 1.90 0.43 0.00 1.50 0.33 0.00 4.09 2.03 1.69 79.32 48.90 0.00 0.25 0.07 0.04 0.47 0.21 0.03 0.40 0.16 0.01 1.36 0.12 0.00 0.04 0.03 0.01 0.06 0.02 0.02 0.34 0.16 0.01 0.27 0.12 0.01 0.18 0.07 0.02 0.15 0.01 0.01 0.23 0.07 0.00 0.15 0.00 0.01 0.21 0.07 0.01 0.16 0.05 0.00 0.02 0.01 0.01 0.15 0.05 0.05 0.96 0.37 2.14 24.58 14.19 2.75 31.00 18.08 0.01 0.19 0.06 0.03 0.58 0.15 0.03 0.46 0.11 0.00 5.58 0.38 0.00 4.45 0.29 0.03 1.12 0.57 0.03 0.55 0.23 0.00 0.50 0.00 0.10 18.00 1.08 0.01 0.39 0.06 0.01 0.51 0.07 0.00 0.06 0.01 0.07 0.37 0.06 0.14 0.49 0.08 0.00 0.06 0.02 0.00 0.24 0.13 0.03 0.31 0.19 0.03 3.02 0.73 0.04 3.44 1.01 0.00 0.07 0.04 0.00 1.00 0.01 0.01 0.35 0.13 0.00 0.31 0.11 0.10 1.96 1.00 0.07 1.56 0.82 0.02 0.69 0.20 0.00 0.55 0.15 0.01 0.26 0.06 0.01 0.32 0.08 0.01 0.22 0.01 0.01 0.27 0.08 0.02 0.30 0.07 0.01 0.25 0.05 0.00 0.26 0.04 0.02 0.25 0.02 0.01 0.17 0.05 0.01 0.34 0.20 0.03 0.43 0.25 0.07 0.45 0.19 0.00 0.28 0.19 0.01 0.65 0.12 0.01 0.21 0.06 0.00 0.17 0.04 0.04 0.58 0.18 0.00 0.44 0.13 0.03 0.80 0.24 0.00 0.69 0.39 0.03 0.99 0.43 0.00 0.30 0.08 0.00 0.21 0.06 0.01 0.28 0.07 0.06 1.29 0.48 0.08 1.54 0.60 0.02 0.38 0.15 0.01 0.84 0.19 0.01 0.67 0.15 0.53 42.72 17.10 0.61 53.62 21.90 0.02 0.94 0.35 0.03 1.20 0.45 0.01 0.63 0.24 0.00 0.35 0.03 0.01 0.38 0.05 0.02 0.47 0.17 0.01 0.37 0.13 0.01 0.30 0.14

(100s) Stock

Exc Volume

Syrah Res*

O

66

Week High

0.99

Low

12-month

Last Change

0.82 0.85

-

0.04

High Low

2.48 0.71

T Tajiri Res V 495 Talisker Res T 210 Talisker Res* O 168 Talmora Diamd C 1 T 1574 Talon Metals Tanqueray Expl V 47 Tantalex Res C 106 Tanzanian Gold T 46 Tarachi Gold* O 42 C 679 Tarachi Gold Taranis Res V 234 Taranis Res* O 95 Tarku Res V 10 Tarku Res* O 24 C 111 Tartisan Nick Tartisan Nick* O 8 Taseko Mines* X 5170 Taseko Mines T 1494 TDG Gold V 90 Teck Res T 17 N 28925 Teck Res* T 8175 Teck Res Tectonic Metal* O 398 Tectonic Metal V 87 O 526 Temas Res* C 492 Temas Res Tembo Gold V 58 97 Tembo Gold* O Tempus Res* O 40 V 328 Tempus Res Teras Res V 886 V 379 Terrax Mnrls Terrax Mnrls* O 209 V 0 Terreno Res Tesoro Mnrls* O 30 V 45 Tesoro Mnrls V 153 Teuton Res Teuton Res* O 29 Texas Mineral* O 239 Themac Res V 5 V 35 Thesis Gold Theta Gold* O 33 V 419 Thor Explor Thor Explor* O 31 228 Three Valley* O V 478 Three Valley Thunder Mtn Gd* O 13 0 Thunder Mtn Gd V Thunderstruck V 113 0 Thunderstruck* O Tier One Silv V 84 Timberline Res V 139 240 Timberline Res* O Tinka Res* O 171 V 662 Tinka Res 1 Tintina Mines V O 0 Tisdale Res* Tisdale Res V 12 Titan Mining T 49 38 Titan Mining* O 146 Titanium Corp V V 241 TNR Gold Tocvan Venture C 178 1 Tocvan Venture* O TomaGold V 221 Tombill Mines V 710 Tombill Mines* O 362 1 Tombstone Expl* O Tonogold Res* O 3284 Torex Gold* O 135 T 1076 Torex Gold 138 Torq Resources V Torq Resources* O 2 Tower Res* O 183 V 570 Tower Res Traction Uran* O 6 Traction Uran C 186 Trailbreaker* O 12 V 0 Trailbreaker Trans Canada V 49 Trans Canada* O 9 V 0 Transatlantic 0 Transforma Res V Transition Met V 10 Transition Met* O 100 376 Treasury Metal T 147 Treasury Metal* O Trecora Res* N 169 O 0 Tres-Or Res* Tres-Or Res V 0 627 Trevali Mining T Tri-River Vent V 0 V 4 Trident Gold Trifecta Gold* O 12 Trifecta Gold V 7 Trillium Gold* O 2 V 260 Trillium Gold Trilogy Mtls T 69 Trilogy Mtls* X 430 TriMetals Mng* O 94 O 11 Trinity Res* Triple Flag T 10

0.04 0.00 0.03 - 0.01 0.09 0.23 0.21 0.21 - 0.02 0.37 0.18 0.16 0.17 - 0.01 0.29 0.00 0.00 0.02 unch 0.00 0.04 0.52 0.47 0.51 + 0.03 0.89 5.38 4.77 4.88 - 0.43 20.20 0.11 0.00 0.10 - 0.01 0.19 0.51 0.00 0.48 + 0.01 0.67 0.08 0.07 0.07 - 0.00 0.24 0.09 0.09 0.09 unch 0.00 0.27 0.20 0.13 0.17 - 0.03 0.20 0.15 0.13 0.13 - 0.01 0.15 0.07 0.00 0.07 unch 0.00 0.12 0.06 0.06 0.06 unch 0.00 4.84 0.33 0.27 0.29 - 0.04 0.54 0.25 0.23 0.23 - 0.03 0.44 1.25 1.06 1.08 - 0.10 2.41 1.60 1.37 1.41 - 0.08 3.00 0.20 0.19 0.19 - 0.01 0.75 44.00 39.00 39.71 - 2.74 62.75 33.87 29.39 30.57 - 1.12 45.90 43.49 37.97 39.36 - 1.50 57.50 0.04 0.03 0.04 + 0.01 0.14 0.05 0.00 0.05 unch 0.00 0.18 0.08 0.05 0.07 + 0.00 0.41 0.10 0.07 0.10 + 0.02 0.51 0.24 0.00 0.23 - 0.01 0.36 0.19 0.18 0.18 - 0.01 0.24 0.06 0.06 0.06 + 0.01 0.42 0.07 0.05 0.05 - 0.02 0.28 0.03 0.00 0.03 - 0.01 0.06 0.17 0.15 0.16 - 0.01 0.29 0.14 0.12 0.13 - 0.00 0.24 0.00 0.00 0.03 unch 0.00 0.05 0.04 0.04 0.04 unch 0.00 0.05 0.05 0.00 0.05 unch 0.00 0.06 1.55 1.29 1.30 - 0.10 2.58 1.10 1.00 1.01 - 0.01 2.42 2.00 1.65 1.88 - 0.08 2.55 0.05 0.00 0.05 - 0.01 0.11 1.70 1.51 1.53 - 0.14 3.08 0.07 0.05 0.07 + 0.01 0.20 0.24 0.22 0.23 - 0.01 0.37 0.22 0.17 0.22 + 0.02 1.00 0.02 0.00 0.02 - 0.00 0.59 0.03 0.03 0.03 unch 0.00 0.59 0.10 0.08 0.08 - 0.01 0.19 0.00 0.00 0.10 unch 0.00 0.19 0.07 0.00 0.06 unch 0.00 0.13 0.00 0.00 0.05 unch 0.00 0.09 0.40 0.36 0.37 - 0.04 1.46 0.23 0.21 0.21 - 0.02 0.39 0.18 0.15 0.16 - 0.01 0.35 0.12 0.11 0.12 + 0.02 0.19 0.18 0.00 0.16 + 0.01 0.24 0.00 0.00 0.04 unch 0.00 0.08 0.00 0.00 0.23 unch 0.00 0.24 0.42 0.37 0.42 + 0.05 0.45 0.63 0.00 0.59 + 0.02 0.79 0.45 0.40 0.40 unch 0.00 0.74 1.53 1.34 1.35 - 0.06 2.00 0.05 0.04 0.04 - 0.01 0.07 0.86 0.79 0.83 - 0.03 1.67 0.87 0.87 0.87 unch 0.00 1.18 0.06 0.05 0.05 - 0.01 0.08 0.05 0.00 0.05 unch 0.00 0.27 0.04 0.04 0.04 - 0.01 0.35 0.60 0.00 0.60 unch 0.00 2.39 0.13 0.07 0.07 - 0.00 0.22 8.82 7.72 7.76 - 0.92 13.65 11.40 9.92 9.94 - 1.27 17.43 0.66 0.00 0.65 - 0.02 1.08 0.52 0.00 0.50 - 0.03 0.85 0.27 0.24 0.25 - 0.01 0.31 0.35 0.31 0.34 + 0.01 0.40 0.32 0.29 0.30 - 0.00 1.00 0.42 0.38 0.38 - 0.03 1.08 0.16 0.00 0.16 unch 0.00 0.38 0.00 0.00 0.19 unch 0.00 0.49 0.05 0.00 0.04 - 0.01 0.20 0.04 0.03 0.04 + 0.00 0.15 0.00 0.00 0.02 unch 0.00 0.05 0.00 0.00 0.06 unch 0.00 0.20 0.12 0.00 0.12 + 0.01 0.22 0.10 0.08 0.10 + 0.02 0.20 0.40 0.38 0.39 - 0.01 0.92 0.31 0.28 0.31 - 0.00 0.80 9.82 9.78 9.81 unch 0.00 9.82 0.00 0.00 0.05 unch 0.00 0.11 0.00 0.00 0.06 unch 0.00 0.14 0.56 0.45 0.47 - 0.08 2.70 0.00 0.00 0.04 unch 0.00 0.04 0.16 0.00 0.16 + 0.01 0.18 0.05 0.04 0.05 + 0.00 0.24 0.06 0.00 0.05 - 0.01 0.11 0.23 0.00 0.22 + 0.01 0.84 0.30 0.27 0.28 + 0.01 1.06 1.08 0.97 1.04 - 0.04 3.15 0.84 0.75 0.76 - 0.07 2.57 0.15 0.13 0.13 - 0.01 0.21 0.16 0.00 0.16 - 0.02 0.75 16.91 16.63 16.80 + 0.15 20.83

0.04 0.22 0.17 0.01 0.44 4.52 0.05 0.35 0.06 0.08 0.08 0.07 0.04 0.01 0.27 0.20 1.08 1.40 0.18 28.70 19.32 24.84 0.03 0.05 0.05 0.07 0.12 0.09 0.04 0.06 0.02 0.15 0.12 0.02 0.02 0.03 1.29 1.00 1.30 0.05 1.10 0.05 0.20 0.17 0.02 0.03 0.06 0.10 0.06 0.04 0.37 0.15 0.11 0.10 0.13 0.03 0.20 0.02 0.28 0.10 0.20 0.04 0.67 0.58 0.05 0.04 0.03 0.46 0.06 8.02 10.37 0.55 0.43 0.03 0.04 0.24 0.20 0.14 0.17 0.04 0.03 0.01 0.06 0.11 0.07 0.38 0.29 7.46 0.05 0.06 0.46 0.04 0.09 0.03 0.06 0.21 0.27 1.00 0.78 0.10 0.00 10.50

(100s) Stock

Week

Exc Volume

TriStar Gold TriStar Gold* Triumph Gold Triumph Gold* Troilus Gold* Troilus Gold Troubadour Res TRU Precious TRU Precious* True North Gem* True North Gem TRX Gold* Tsodilo Res Tudor Gold Tudor Gold * Turmalina Met* Turmalina Met Turquoise HIl* Turquoise HIl TVI Pacific TVI Pacific* Tymbal Res

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

46 164 26 90 54 433 6 245 63 6 1 1522 17 196 27 256 116 2927 1727 40 7 0

U.S. Gold* D U3O8 Corp V Ubique Mineral C O UC Res* Ucore Rare Mtl V Ucore Rare Mtl* O T UEX Corp Ultra Resource* O Ultra Resource V Umbral Enrgy* O O Unigold* Unigold V United Battery C United Battery* O United Res Hdg* O United States A* X United States S* N Universal Cop* O Universal Cop V Universal Vent V Ur-Energy* X Ur-Energy T Uragold Bay Rs V Uranium Energy* X Uranium Hunter* O Uranium Res* X Uranium Roylty V Uranium Roylty* D Uravan Mnrls* O Uravan Mnrls V USCorp* O Usha Res* O V Usha Res Val-d’Or Mg V Val-d’Or Mg* O N Vale* ValOre Metals* O ValOre Metals V Valorem Res C Valterra Res* O V Valterra Res Vanadian Enrgy V Vanadian Enrgy* O Vanadiumcorp V Vanstar Mng Rs* O Vanstar Mng Rs V O Vantex Res * Vantex Res V Vatic Vent V Velocity Mnrls V Velocity Mnrls* O Vendetta Mng V Vendetta Mng* O Venerable Vent V Venture Mnrls* O Verde Potash T O Verde Res* Vertical Expl V Victoria Gold* O T Victoria Gold O Victory Res* Victory Res C Virginia Enrgy* O Virginia Enrgy V Viscount Mng V Visible Gold M V Visible Gold M* O Vision Lithium V Vision Lithium* O Visionary Gold V Vista Gold T X Vista Gold* Viva Gold* O Viva Gold V Vizsla Copper V Vizsla Silver V Volatus Cap C Volcanic Gold* O Volcanic Gold V Volt Carbon* O Volt Carbon V

76 238 76 14529 78 135 8810 19 194 545 160 280 230 271 98 887 52849 210 512 9 7044 565 362 35091 147 1209 279 1567 0 27 4723 23 103 138 160 140537 72 192 1032 86 171 72 5 116 21 222 0 0 34 115 40 510 55 0 400 979 685 976 178 6773 36 224 140 141 76 67 28 1263 138 0 65 472 33 73 423 852 0 20 198 13 25

High

Low

12-month

Last Change

0.15 0.00 0.14 0.11 0.09 0.10 0.07 0.00 0.07 unch 0.05 0.05 0.05 0.47 0.42 0.45 + 0.62 0.53 0.54 0.16 0.00 0.16 + 0.10 0.00 0.08 0.07 0.00 0.06 0.07 0.07 0.07 unch 0.00 0.00 0.08 unch 0.40 0.36 0.37 + 0.34 0.00 0.29 1.35 1.28 1.30 1.20 1.00 1.00 0.32 0.31 0.32 0.41 0.00 0.37 27.88 26.10 26.78 35.84 33.65 34.48 0.03 0.00 0.03 unch 0.03 0.02 0.02 0.00 0.00 0.01 unch

High Low

0.01 0.31 0.13 0.01 0.25 0.10 0.00 0.21 0.07 0.01 0.18 0.05 0.04 0.82 0.40 0.01 0.99 0.50 0.06 0.53 0.10 0.01 0.34 0.08 0.01 0.32 0.03 0.00 0.09 0.06 0.00 0.11 0.07 0.00 0.53 0.26 0.02 1.46 0.29 0.02 2.70 1.28 0.04 2.40 1.00 0.01 0.79 0.27 0.05 0.99 0.34 0.16 31.05 9.75 0.27 38.92 12.15 0.00 0.05 0.03 0.01 0.04 0.02 0.00 0.02 0.01

U-V 4.65 0.16 0.14 0.64 0.70 0.54 0.39 0.14 0.17 0.04 0.06 0.08 0.23 0.19 0.05 0.42 20.41 0.03 0.05 4.25 1.27 1.63 0.38 3.72 0.02 1.24 3.54 2.74 0.00 0.13 0.02 0.25 0.32 0.09 0.06 15.32 0.29 0.37 0.03 0.02 0.02 0.03 0.02 0.11 0.26 0.34 0.18 0.00 0.20 0.27 0.20 0.05 0.04 0.00 0.02 8.19 0.20 0.09 9.25 11.98 0.03 0.03 0.32 0.40 0.26 0.10 0.06 0.09 0.07 0.00 0.93 0.75 0.07 0.09 0.11 1.47 0.00 0.22 0.27 0.11 0.10

4.14 0.00 0.12 0.32 0.61 0.47 0.32 0.12 0.00 0.03 0.05 0.07 0.18 0.12 0.04 0.39 17.56 0.02 0.00 3.99 1.02 1.33 0.31 3.01 0.02 1.05 2.85 2.21 0.00 0.00 0.00 0.00 0.30 0.00 0.06 14.49 0.24 0.31 0.02 0.01 0.00 0.00 0.02 0.09 0.25 0.32 0.18 0.00 0.00 0.00 0.20 0.00 0.03 0.00 0.02 6.74 0.10 0.05 7.72 9.95 0.02 0.03 0.20 0.26 0.00 0.00 0.01 0.07 0.05 0.00 0.00 0.68 0.07 0.00 0.08 1.21 0.00 0.16 0.25 0.00 0.00

4.20 0.16 + 0.12 unch 0.44 0.64 0.50 0.33 0.13 0.17 unch 0.03 0.05 0.07 0.19 0.16 + 0.05 + 0.40 17.91 0.03 + 0.05 4.05 + 1.06 1.35 0.32 3.08 0.02 1.08 2.90 2.27 0.02 unch 0.13 + 0.01 + 0.25 + 0.32 unch 0.08 0.06 unch 14.63 + 0.25 0.32 0.02 0.02 unch 0.02 unch 0.03 0.02 unch 0.09 0.25 0.34 + 0.18 unch 0.21 unch 0.17 unch 0.27 + 0.20 unch 0.05 0.04 + 0.12 unch 0.02 unch 6.93 0.15 + 0.09 + 7.76 9.99 0.02 0.03 + 0.21 0.27 0.26 + 0.10 unch 0.01 0.09 + 0.06 0.07 unch 0.88 0.68 0.07 0.09 0.09 1.36 0.08 unch 0.16 0.25 unch 0.11 + 0.10 +

0.16 11.63 3.71 0.01 0.70 0.11 0.00 0.14 0.05 0.14 20.97 0.32 0.05 1.25 0.61 0.03 0.99 0.47 0.05 0.60 0.24 0.01 0.34 0.11 0.00 0.45 0.13 0.00 0.12 0.01 0.01 0.13 0.05 0.01 0.16 0.07 0.02 0.92 0.18 0.00 0.84 0.06 0.01 0.25 0.01 0.01 1.15 0.34 1.93 39.25 17.98 0.01 0.15 0.01 0.01 0.15 0.05 0.05 8.25 2.60 0.14 2.15 1.01 0.17 2.72 1.28 0.02 0.83 0.28 0.49 6.60 1.89 0.00 0.07 0.01 0.14 5.19 1.00 0.42 7.31 2.83 0.33 5.95 2.30 0.00 0.55 0.01 0.01 0.65 0.11 0.00 0.06 0.00 0.01 0.34 0.15 0.00 0.40 0.19 0.01 0.21 0.07 0.00 0.29 0.03 0.43 23.15 11.16 0.02 0.50 0.16 0.03 0.63 0.22 0.01 0.18 0.02 0.00 0.05 0.01 0.00 0.05 0.02 0.01 0.13 0.02 0.00 0.10 0.02 0.01 0.65 0.09 0.01 0.64 0.25 0.02 0.79 0.32 0.00 0.22 0.00 0.00 0.26 0.16 0.00 0.31 0.15 0.01 0.48 0.25 0.00 0.40 0.18 0.01 0.08 0.04 0.01 0.07 0.01 0.00 0.12 0.12 0.00 0.12 0.02 0.98 11.54 0.90 0.05 0.27 0.03 0.04 0.20 0.04 1.54 16.22 8.02 2.07 19.90 10.33 0.00 0.11 0.02 0.01 0.14 0.03 0.01 0.79 0.14 0.07 0.98 0.18 0.02 0.54 0.23 0.00 0.21 0.07 0.05 0.25 0.01 0.01 0.34 0.07 0.01 0.27 0.06 0.00 0.24 0.05 0.06 1.60 0.77 0.05 1.29 0.59 0.00 0.18 0.06 0.01 0.22 0.08 0.01 0.70 0.08 0.04 3.45 1.30 0.00 0.17 0.02 0.06 0.55 0.03 0.00 0.67 0.24 0.03 0.19 0.06 0.01 0.19 0.07

(100s) Stock

Exc Volume

Voyager Metals Voyager Metals* Voyageur Min Voyageur Min* Voyageur Min* Voyageur Min VR Resources* VR Resources Vulcan Mnrls* Vulcan Mnrls VVC Expl VVC Expl*

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

86 22 206 2 42 116 322 501 38 511 369 383

Week

23

12-month

High

Low

Last Change

0.12 0.09 0.11 0.31 0.09 0.40 0.14 0.18 0.25 0.33 0.09 0.08

0.00 0.04 0.10 0.31 0.07 0.30 0.11 0.14 0.24 0.30 0.00 0.07

0.12 + 0.02 0.08 + 0.04 0.11 + 0.01 0.31 unch 0.00 0.09 + 0.01 0.30 - 0.01 0.11 - 0.02 0.15 - 0.02 0.24 + 0.01 0.32 + 0.01 0.09 + 0.01 0.07 - 0.00

High Low

0.27 0.25 0.20 0.36 0.23 0.50 0.42 0.52 0.35 0.42 0.30 0.50

0.11 0.00 0.08 0.30 0.03 0.30 0.11 0.15 0.10 0.17 0.08 0.05

W-Z Walker River V 649 Walker River* O 100 Wallbridge Mng* O 395 Wallbridge Mng T 1867 Waraba Gold C 120 Warrior Gold* O 2 V 236 Warrior Gold Waseco Res V 3 Wealth Mnrls V 469 930 Wealth Mnrls* O Wedgemount Res C 60 Wescan Gldflds V 2 Wesdome Gold* O 321 Wesdome Gold T 1216 West High Yld V 104 West Mining* O 73 West Mining C 1120 West Oak Gold C 0 West Red Lake* O 72 West Red Lake C 134 West Vault V 104 Western Alaska V 24 Western Atlas V 30 Western Copper T 1092 856 Western Copper* X Western Gold V 44 Western Mag* O 841 279 Western Mag V Western Potash T 57 Western Res* O 3 Western Troy C V 0 49 Western U&V C Western U&V* O 136 Westgold Res* O 35 342 Westhaven Gold V Westhaven Gold* O 17 Westkam Gold* O 2 Westkam Gold V 10 Westminster Rs V 235 Westward Gold C 160 Wheaton Prec T 3931 Wheaton Prec* N 9531 362 White Energy* O White Gold* O 116 White Gold V 114 White Metal R* O 100 White Metal Rs V 695 White Mtn Engy* O 1002 Whitehaven Coa* O 47 40 Whitehorse GC V Wildsky Res* O 2 Wildsky Res V 12 51 Winshear Gold V Winston Gold* O 462 Winston Gold C 170 Winston Res C 2209 0 Wolfden Res* O Wolfden Res V 3 Wolfeye Res V 206 World Copper V 192 Worldwide Res V 0 X-Terra Res V 15 Xanadu Mines T 154 Xander Res V 152 Xander Res* O 12 Ximen Mining* O 20 Ximen Mining V 287 V 20 Xplore Res Xtierra Inc V 31 Xtra-Gold Res T 38 Xtra-Gold Res* O 21 Yamana Gold T 8209 Yamana Gold* N 63071 Yanzhou Coal* O 0 10 Yorbeau Res* O Yorbeau Res T 127 York Harbour V 177 44 York Harbour* O Zacatecas Silv V 180 Zacatecas Silv* O 83 V 9 ZEB Nickel Zena Mining V 0 Zephyr Mnls V 13 Zephyr Mnls* O 0 Zimtu Capital V 119 Zincore Mtls V 0 ZincX Res V 126 ZincX Res* O 0 Zonte Metals V 2 Zonte Metals* O 5

0.06 0.00 0.05 - 0.01 0.14 0.04 0.05 0.05 0.05 unch 0.00 0.14 0.01 0.19 0.14 0.15 - 0.03 0.57 0.15 0.24 0.19 0.19 - 0.04 0.67 0.20 0.10 0.10 0.10 unch 0.00 0.20 0.01 0.02 0.02 0.02 unch 0.00 0.07 0.01 0.05 0.00 0.05 unch 0.00 0.09 0.04 0.03 0.00 0.03 unch 0.00 0.05 0.02 0.34 0.27 0.34 + 0.06 0.70 0.21 0.27 0.22 0.27 + 0.05 0.56 0.16 0.10 0.10 0.10 unch 0.00 0.70 0.10 0.09 0.00 0.09 + 0.03 0.12 0.04 9.70 8.63 8.65 - 0.97 13.23 7.77 12.53 11.10 11.15 - 1.30 16.77 9.76 0.46 0.41 0.42 - 0.04 1.22 0.19 0.04 0.03 0.04 + 0.00 0.21 0.03 0.06 0.04 0.06 + 0.02 0.22 0.04 0.00 0.00 0.10 unch 0.00 0.19 0.10 0.04 0.04 0.04 + 0.00 0.07 0.03 0.05 0.04 0.04 unch 0.00 0.09 0.04 1.25 1.11 1.11 - 0.07 1.49 0.90 1.58 1.52 1.58 + 0.03 2.08 0.70 0.05 0.00 0.05 unch 0.00 0.13 0.05 2.07 1.72 1.77 - 0.23 3.00 1.63 1.62 1.34 1.34 - 0.20 2.40 1.26 0.18 0.00 0.13 - 0.01 0.35 0.13 0.20 0.16 0.19 - 0.01 0.76 0.16 0.26 0.21 0.25 + 0.01 0.96 0.21 0.32 0.30 0.30 - 0.02 0.48 0.15 0.26 0.25 0.25 - 0.01 1.88 0.07 0.00 0.00 0.10 unch 0.00 0.23 0.10 1.39 1.17 1.23 - 0.06 4.18 1.11 1.10 0.91 1.01 + 0.01 3.28 0.90 0.86 0.86 0.86 unch 0.00 1.74 0.86 0.46 0.40 0.41 - 0.01 0.75 0.33 0.35 0.31 0.31 + 0.01 0.60 0.27 0.09 0.00 0.09 + 0.00 0.18 0.08 0.12 0.00 0.12 - 0.04 0.22 0.10 0.07 0.00 0.07 - 0.01 0.35 0.07 0.13 0.10 0.10 - 0.01 0.24 0.10 50.14 46.30 46.38 - 2.89 65.45 45.76 39.09 35.97 36.03 - 2.17 51.91 36.39 0.01 0.00 0.00 - 0.00 0.12 0.00 0.35 0.31 0.31 - 0.03 0.66 0.32 0.45 0.40 0.41 - 0.04 0.85 0.41 0.04 0.04 0.04 unch 0.00 0.11 0.01 0.05 0.05 0.05 unch 0.00 0.12 0.04 0.02 0.01 0.01 - 0.00 0.05 0.01 3.52 3.26 3.36 + 0.16 3.98 1.45 0.54 0.00 0.53 - 0.02 1.62 0.43 0.19 0.01 0.01 - 0.18 0.25 0.01 0.24 0.00 0.18 - 0.06 0.24 0.11 0.07 0.00 0.07 unch 0.00 0.13 0.05 0.02 0.02 0.02 + 0.00 0.09 0.02 0.03 0.02 0.03 + 0.01 0.09 0.02 0.08 0.06 0.08 unch 0.00 0.61 0.06 0.00 0.00 0.16 unch 0.00 0.28 0.00 0.21 0.00 0.21 - 0.05 0.32 0.15 0.16 0.12 0.16 - 0.01 0.74 0.12 0.33 0.28 0.33 + 0.01 1.05 0.28 0.00 0.00 0.04 unch 0.00 0.07 0.04 0.03 0.00 0.03 unch 0.00 0.10 0.02 0.03 0.02 0.03 unch 0.00 0.05 0.02 0.07 0.00 0.07 unch 0.00 0.23 0.06 0.05 0.05 0.05 + 0.00 0.18 0.04 0.07 0.07 0.07 unch 0.00 0.24 0.07 0.11 0.09 0.09 - 0.01 0.30 0.09 0.06 0.00 0.06 unch 0.00 0.10 0.04 0.03 0.00 0.03 - 0.01 0.08 0.02 1.17 0.99 1.00 - 0.20 1.22 0.84 0.89 0.77 0.77 - 0.15 0.98 0.65 6.46 5.98 5.99 - 0.36 8.05 4.78 5.02 4.65 4.65 - 0.27 6.40 3.65 3.25 0.00 3.25 - 0.27 3.52 1.33 0.04 0.04 0.04 unch 0.00 0.05 0.03 0.04 0.00 0.04 - 0.01 0.07 0.04 0.97 0.87 0.90 - 0.04 1.49 0.25 0.78 0.68 0.70 - 0.02 1.25 0.03 0.67 0.57 0.67 + 0.02 1.33 0.52 0.50 0.47 0.48 - 0.03 2.02 0.45 0.17 0.00 0.17 + 0.02 0.75 0.16 0.00 0.00 0.15 unch 0.00 0.20 0.08 0.15 0.00 0.14 - 0.01 0.18 0.12 0.00 0.00 0.13 unch 0.00 0.15 0.10 0.13 0.00 0.12 unch 0.00 0.30 0.11 0.00 0.00 0.05 unch 0.00 0.05 0.05 0.13 0.12 0.12 - 0.01 0.19 0.10 0.09 0.00 0.09 - 0.00 0.15 0.08 0.14 0.00 0.14 - 0.01 0.25 0.13 0.10 0.00 0.10 - 0.02 0.18 0.03

BID-ASK — JUNE 26 –30, 2022 12-MONTH STOCK

Aftermath Silv AJN Resources Alacer Gold Altan Rio Min Amilot Capital Aquila Res Arctic Fox Ven Arcturus Vent Ashanti Sanko Atlanta Gold AUQ Gold Aurelius Min Aurex Energy Aust Goldfield Avarone Metals Aya Gold Baden Res Banro Corp* Boss Power Brunswick Res Bullion Gold Burrell Res C2C Gold Cache Explor Cadillac Vent Canamera Energ Cerro de Pasc Cirrus Gold Cliffs Nat Res* Colibri Res Corvus Gold* Crystal Peak Electra Stone Equitorial Ex Everton Res Evolution Glob Evolving Gold Excalibur Res Exploits Disc Explorex Res Finore Mng GAR Limited General Moly*

EXC

BID

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

0.24 0.39 9.41 ... ... ...

0.13 0.02 0.03 0.03 0.33 0.13 0.04 ... ...

1.94 0.12 0.11 0.17 ...

0.06 0.22 ...

0.16 0.05 0.21 ...

0.20 1.45 ... ...

0.01 0.01 0.08 0.10 0.50 0.30 0.09 ... ...

0.12 ... ...

ASK

0.25 0.45 9.52 ... ... ...

0.25 0.03 0.03 0.04 0.40 0.14 0.06 ... ...

2.19 0.23 0.11 0.20 0.05 0.15 0.50 ...

0.17 0.06 ... ...

0.35 3.20 ... ...

0.02 0.02 0.08 0.10 4.00 0.59 0.10 ...

6.50 0.12 ... ...

LAST

HIGH

0.25 0.33 0.39 0.52 9.47 10.82 0.10 0.20 0.04 0.08 0.09 0.14 0.13 0.20 0.03 0.03 0.03 0.03 0.04 0.40 0.14 0.15 0.05 0.47 0.47 0.04 0.15 2.01 2.50 0.20 0.23 0.11 2.10 0.17 0.03 0.10 0.28 0.22 0.53 0.11 0.15 0.16 0.05 0.08 0.34 0.50 0.29 0.34 0.30 0.30 1.43 7.17 0.07 0.14 3.21 3.30 0.01 0.10 0.01 0.08 0.11 0.03 2.00 0.35 0.69 0.10 0.11 0.59 0.62 2.85 9.80 0.11 0.15 4.13 0.11 100.00

12-MONTH

LOW

STOCK

0.05 0.20 3.50 0.09 0.04 0.06 0.12

Genius Metals Gespeg Res Gldn Predator Global Cop Grp Golcap Res Goldbelt Emp Goldblock Cap Golden Cariboo GoldHaven Res Goldshore Res Green Arrow Handa Mining Highvista Gold Indico Res Inspiration Mg Intercontinent Intl Battery Intl Cobalt Iron South Mng K9 Gold Karora Res Kirkland Lake* Kodiak Copper La Imperial Latin Metals Leo Res Leopard Lake Lida Resources Lithium South Lovitt Res MAG Silver* Mechel* Meryllion Res MGX Minerals Mich Resources Minecorp Egy Montana Gold Navis Res Corp New Klondike Nexco Res O2Gold Orocobre Otso Gold

0.02 0.03 0.03 0.42 0.03 0.82 0.12 0.10 0.01 0.20 0.03 0.05 0.32 0.12 0.12 0.98 0.07 2.57 0.01 0.08 0.28 0.01 0.13 2.85 0.13 0.10

EXC

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

BID

...

0.06 0.15 0.07 0.15 0.02 ...

0.10 ... ...

0.02 0.04 ... ... ... ... ...

0.20 0.24 0.17 0.47 ...

0.05 0.04 0.03 ...

0.07 ...

0.31 ...

12.52 ... ...

0.05 0.37 ...

0.09 ...

0.01 ...

0.23 ...

0.04

ASK

...

0.06 0.17 0.08 0.20 0.02 ...

0.12 ...

375.00 0.03 0.05 ...

0.01 ... ... ...

0.25 0.27 0.24 0.48 ...

0.06 0.05 0.04 ...

0.12 ...

0.34 ...

13.30 ... ...

0.05 0.50 ...

0.10 ...

0.01 ...

0.27 ...

0.04

LAST

HIGH

0.22 0.28 0.06 0.16 0.36 0.08 0.11 0.15 1.26 0.02 0.02 0.32 0.32 0.10 0.15 0.42 0.45 0.11 1.20 0.02 0.04 0.04 0.17 0.01 0.03 0.09 0.20 0.31 0.26 0.34 0.24 0.28 0.24 0.28 0.48 0.73 38.92 46.98 0.05 0.13 0.04 0.10 0.03 0.16 1.09 0.12 0.16 0.24 0.27 0.31 0.66 0.13 0.24 12.52 14.40 2.25 5.19 0.08 0.17 0.05 0.16 0.37 0.48 0.12 0.20 0.10 0.10 0.30 0.01 0.30 0.23 0.37 8.28 9.30 0.04 0.10

12-MONTH

LOW

STOCK

0.18

Patriot Batt Phenom Res Primary Energy Prospero Silvr QNB Metals Quaterra Res Quinto Res Rain City Rare Element* Razore Rock Res Reliant Gold Rockex Mng Rockland Mnls Samco Gold Silver Phoenix Silverstock Southern Arc Southstone Min Standard Lith Supernova Met Tiger Intl Trench Metals TriMetals Mng Trinity Valley Vale* ValOre Metals Victory Nickel Waraba Gold West Oak Gold Whitemud Res Winshear Gold Xiana Mng Zara Res Zinc One Res Zinco Mng

0.12 0.04 0.15 0.02 0.26 0.02 0.06 0.48 0.02

0.09 0.20 0.04 0.16 0.20 31.72 0.04 0.03 0.02 0.07 0.13 0.24 0.09 6.12 1.88 0.05 0.04 0.35 0.07 0.02

0.06 3.89 0.03

EXC

BID

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

0.09 0.68 ...

0.55 0.06 0.15 0.05 0.05 0.11 0.08 ...

0.03 0.07 ...

0.30 0.15 0.32 0.01 6.65 0.05 ...

0.55 0.11 ... ...

0.06 0.02 ...

0.07 0.01 0.12 0.07 ... ...

0.05

ASK

0.10 0.71 ...

1.18 0.17 0.17 0.07 0.10 0.16 0.15 0.10 0.04 0.08 ...

0.38 0.20 0.90 0.01 6.95 0.06 0.17 0.55 0.12 ... ...

0.07 0.03 0.12 0.15 0.02 0.14 0.08 ... ...

0.07

LAST

HIGH

0.10 0.18 0.69 0.76 0.17 0.82 0.56 1.35 0.12 0.25 0.16 0.30 0.08 0.05 0.10 0.15 0.89 0.08 0.16 0.02 0.03 0.05 0.08 0.11 0.05 0.05 0.31 0.65 0.20 0.29 0.89 0.93 0.01 0.04 6.95 6.95 0.06 0.15 0.15 0.55 0.22 0.12 0.12 0.04 0.14 10.24 11.10 0.07 0.13 0.02 0.05 0.10 0.20 0.10 0.19 0.02 0.03 0.14 0.15 0.08 0.08 0.07 0.22 0.67 1.30 0.05

LOW

0.08 0.24 0.16 0.51 0.05 0.06 0.01 0.06 0.08 0.03 0.01 0.05 0.23 0.12 0.24 0.01 1.02 0.07 0.04 0.03 0.04 6.57 0.07 0.01 0.01 0.10 0.01 0.05 0.08 0.07 0.40

24

JULY 11 — 24, 2022 / THE NORTHERN MINER

WWW.NORTHERNMINER.COM

dPA 6544/T

Building a Sustainable Future From board diversity to biodiversity, climate risk to

community relations, Barrick’s commitment to managing sustainability effectively and responsibly has long been entrenched in its DNA and Barrick approaches it with the same diligence it applies to understanding its orebodies and accounts.

www.barrick.com | NYSE : GOLD • TSX : ABX Barrick Gold Corporation’s 18-country portfolio holds 14 gold mines, including six of the world’s Tier One operations as well as three strategic copper producers, all with long-term business plans based on declared resources.