The Northern Miner June 7 2021 Issue 12 by The Northern Miner Group

M&A: DUNDEE PRECIOUS METALS TO ACQUIRE INV METALS / 2 Geotech_Earlug_2016_Alt2.pdf 1 2016-06-24 4:27:20 PM

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Evolution Mining’s Jake Klein on margins over volume GMS 2021

| Australian gold miner is taking a deep dive into Canada

EVOLUTION MINING

n the first six months of fiscal 2021, Evolution Mining (ASX: EVN) banked over 50% of every ounce of gold it produced in terms

GMS 2021

| Veteran executive believes world has seen peak gold production

Evolution’s chief financial officer, Lawrie Conway (left), with Executive Chairman Jake Klein at the company’s Mt Rawdon asset in Queensland, Australia.

BY TRISH SAYWELL

David Garofalo talks about reversing the decline in gold reserves

of its EBITDA margins, posted a return on equity of 18%, and issued an interim dividend of US$247 per oz., or about 12% of its revenue, well above its peers. “It’s been all about a journey of

“WE’RE NOT CONVINCED THAT PRODUCING MORE GOLD AND MAKING THE SAME OR LESS MONEY IS BETTER THAN PRODUCING THE MOST PROFITABLE OUNCES.” JAKE KLEIN FOUNDER AND EXECUTIVE CHAIRMAN, EVOLUTION MINING

trying to improve the quality of our assets and focusing mostly on margin and return on capital rather than on volume,” Jake Klein, the company’s founder and executive chairman, told The Northern Miner’s secondquarter Global Mining Symposium. “We’re not convinced that producing more gold and making the same or less money is better than producing the most profitable ounces.” Klein added he was “very proud” that the company has paid 16 consecutive dividends. “It’s our job as a company to safely convert ounces in the ground into cash in the bank and then decide prudently how best to invest that cash, and if we can’t invest it better and get a better return than our shareholders can, we should be giving it See KLEIN / 6

BY HENRY LAZENBY

he precious metals-focused royalty and streaming business model continues to unlock value through win-win deals for exploration and development, Gold Royalty (NYSE-AM: GROY) CEO David Garofalo told The Northern Miner’s recent Global Mining Symposium. The prominent mining executive has made the transition to the royalty and streaming business. Garofalo is perhaps best remembered for his role as CEO of Goldcorp before its US$10 billion merger with what is the largest gold producer today, Newmont (TSX: NGT; NYSE: NEM), in 2019. He says a 40% drop in global gold reserves over the past seven years has caused a proliferation of metals streaming and royalty companies fiercely competing behind the scenes to meet the industry’s “existential need to reinvest” in exploration and development projects. This comes at a time capital is most critical to build the industry’s next generation of cornerstone mines. Garofalo believes the world has seen peak gold production, and the industry is now in steady structural decline. “I don’t think that trajectory gets reversed anytime soon given the long lead time from discovery to production,” he said. “I’m excited to see the juniors being able to raise money again. Some of the better juniors can raise capital, but we aren’t going to see the fruits of their efforts for many years to come. It’s vital for the industry for them to be successful.” Garofalo took up the reins at the recently-gone-public Gold Royalty in August last year. The company’s parent, GoldMining (TSX: GOLD; NYSE: GLDG), opted to spin out royalties on a selection of its most advanced assets into a new royalty and streaming vehicle to daylight value by writing royalties on each of the underlying assets. GoldMining acts as a gold project bank, buying assets on the cheap at the bottom of the cycle. Gold Royalty gives GoldMining cash to invest back into the more advanced assets in the stable in return for the royalties. “I saw a lot of potential for outside capital to be deployed into these

PERU: POLITICAL GRIDLOCK WITH ELECTIONS CONTINUES / 7

assets. And as that happens, they would get re-rated within the GoldMining portfolio and, by extension, for Gold Royalty,” said Garofalo. “It’s timely now because the industry is going to have to refine their skills, exploration and mine development, which capacities have been largely underutilised over the last six or seven years. The result of that has been this downward trend in reserves.” Garofalo took Gold Royalty public in March, raising US$90 million, and in doing so, resulted in a post-money valuation of about US$200 million. Not only has the company collected 18 net smelter return royalties ranging from 0.5% to 2.0% covering 12 projects located in the Americas, but Garofalo has also gathered a “fairly impressive” board and management with collectively over 250 years of operational experience. The board includes Garofalo with more than 30 years of experience; his successor at Hudbay Minerals (TSX: HBM; NYSE HBM), Alan Hair, See GAROFALO / 6

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Dundee announces acquisition of INV Metals

Members of Kamoa-Kakula’s multinational team of geologists and engineers. IVANHOE MINES

M&A|

Flagship asset is Loma Larga goldsilver-copper project in southern Ecuador

INV Metals’ Loma Larga gold project in Ecuador.

PHOTO BY TRISH SAYWELL

Biggest copper project in decades begins production DRC |

BY CECILIA JAMASMIE

undee Precious Metals (TSX: DPM) will add its first project in the Americas to its portfolio by acquiring all the shares it doesn’t already own in junior INV Metals (TSX: INV), which owns the advanced-stage Loma Larga gold project in southern Ecuador. As part of the deal, Dundee will buy each of the issued and outstanding common shares of INV Metals it does not currently own for 0.0910 of a DPM common share, or about $0.80 a piece. This represents a 63% premium to the closing price of INV Metals stock on the Toronto Exchange on May 28. (Over the last year INV has traded in a range of $0.34 and $1.11 per share.) Dundee, which owns about 23.5% of INV’s common shares, noted the transaction had strong shareholder support. It also said that Iamgold (TSE: IMG; NYSE: IAG), which is INV’s largest shareholder, is supporting the deal. The implied equity value of the transaction, on a 100% basis, is about $132 million, or $104 million for the portion not owned by DPM, the parties said. Dundee’s current portfolio of assets includes two mines in Bulgaria and a copper smelter in Namibia. In April, INV submitted an environmental impact study (EIS) for the project. That is the first major step miners need to take in the welldefined permitting process for largescale mining projects in Ecuador. “We believe DPM is uniquely positioned to move Loma Larga forward, and as such, this transaction is not only an excellent outcome for our shareholders, but also one with the potential to offer tremendous benefits for both the project’s national and local stakeholders in the coming years,” Candace MacGibbon, chief executive officer of INV Metals, said in a separate statement. DPM will also receive four concessions INV has in Ecuador — Carolina, La Rebuscada, Las Peñas and Tierras Coloradas.

Based on Loma Larga’s feasibility study, the underground mine would produce 3,000 tonnes of mineralized material a day in the early years, reaching 3,400 tonnes a day in year five. This would translate into an average yearly gold recovered production of 203,000 gold-equivalent ounces over an initial projected mine life of 12 years. Ecuador has gained ground as a mining investment destination over the past two years, but opposition to the extraction of the country’s resources could thwart the government’s plan to attract US$3.7 billion in mining investments by 2022. Last year, mining in Ecuador generated US$810 million in exports, US$430 million in taxes and US$374 million in foreign direct investment. The INV shareholder vote is expected to be held in July. “DPM owns the Chelopech gold and copper underground mine in Bulgaria [which] has similar characteristics to Loma Larga with respect to geology, planned mining method and processing flow sheet, and high arsenic concentrates,” Craig Stanley, a mining analyst at Raymond James, commented in a research note. “As well, DPM owns the Tsumeb smelter in Namibia that could process Loma Larga’s high arsenic copper concentrate.” Stanley also noted that DPM acquired its initial stake in INV in October 2019. “There had been some local opposition to the development of Loma Larga,” Stanley added. “INV updated its 2018 feasibility study in 2020 because a local community had voted against having any of the mine’s infrastructure within their border (canton): though the mine and deposit are located in a different area, these locals did not want the processing and tailings facilities in their canton. Though the vote was not legally binding (and was disputed by the federal government), INV decided to relocate the processing and tailings facilities to a different canton.” TNM

WAGNER SILVER DEPOSIT/MINE Crown Mineral Claims By owner Crown Grants over the Wagner Silver Deposit Southern BC Kaslo area For sale or option. Contact: rmct@shaw.ca

Output to reach 80,000-95,000 tonnes of copper concentrate this year

BY CECILIA JAMASMIE

vanhoe Mines (TSX: IVN; US-OTC: IVPAF) has begun producing copper concentrate at its Kamoa-Kakula project in the Democratic Republic of the Congo (DRC) months ahead of schedule as the metal continues to trade close to all-time highs. Kakula, the first mine planned at the concession, is initially forecast to generate 3.8 million tonnes of mineralized material a year at an average feed grade “well in excess of 6% copper” over the first five years of operation, the company said. Ivanhoe and partner Zijin Mining said first ore was introduced into the concentrator plant on May 20 to perform initial hot commissioning tests on the ball mills and other processing equipment. As of May 25, 5% to 6% of copper ore was being conveyed directly from Kakula’s underground mining operations to the run-of-mine stockpile and the concentrator. The country’s president, Felix Tshisekedi, said it was a clear sign that the country was open for business and investment. Ivanhoe’s executive co-chairman, Robert Friedland, described first production from Kamoa-Kakula as a “historic moment” for Ivanhoe and the DRC. “Discovering and delivering a copper province of this scale, grade and outstanding ESG credentials, ahead of schedule and on budget, is a unicorn in the copper mining business,” Friedland said in a statement. The mining veteran noted that while the exploration journey started well over two decades ago, the Kakula deposit was discovered a little over five years ago. “This is remarkable progress by the mining industry’s glacial standards from first drill hole to a new major mining operation,” he said. Kicking off production at Kamoa is indeed a momentous event for the copper market. Most of the current top producing mines are decades old and, except for rare exceptions such as SolGold’s (TSX: SOLG; LSE: SOLG) Cascabel project in Ecuador and Anglo American’s (LSE: AAL) Quellaveco project in Peru, there haven’t been major new discoveries in years. While copper projects are in the pipeline, producers are wary of repeating oversupply mistakes of past cycles by speeding up plans at a time when mines are getting a lot trickier and pricier to build — one reason why copper prices are near decade highs at above US$4 per pound. The copper industry needs to spend upwards of US$100 billion to

Drill rig and core samples from Ivanhoe’s Kamoa-Kakula project in the Democratic Republic of Congo. IVANHOE MINES

“DISCOVERING AND DELIVERING A COPPER PROVINCE OF THIS SCALE, GRADE AND OUTSTANDING ESG CREDENTIALS, AHEAD OF SCHEDULE AND ON BUDGET, IS A UNICORN IN THE COPPER MINING BUSINESS.” ROBERT FRIEDLAND, FOUNDER AND EXECUTIVE CO-CHAIRMAN, IVANHOE MINES

close what could be an annual supply deficit of 4.7 million tonnes by 2030, according to estimates from the CRU Group. The potential shortfall could reach 10 million tonnes if no mines are built, commodities trader Trafigura has said. Friedland, who made his fortune from the Voisey’s Bay nickel project in Canada in the 1990s, has been working on Kamoa-Kakula for ten years. Operations at Kamoa-Kakula are set to ramp up this year to reach between 80,000 and 95,000 tonnes of copper in concentrate. After several phases of expansion, the mine’s peak annual copper production will be more than 800,000 tonnes. Friedland believes the project will become the world’s second-largest copper mine and also the one with the highest grades among major operations. The concentrator is slated to produce concentrate grading around 57% copper. The Vancouver-based company has also vowed to produce the industry’s “greenest” copper, as it works to become the first net-zero operational carbon emitter among the world’s top-tier copper producers. Friedland has not set a target

date for achieving that goal. Ivanhoe and Zijin are exploring expanding production capacity from the current 7.6 million tonnes per year (to be implemented in two phases of 3.8 million tonnes per year) to 11.4 million tonnes per year. This may be achieved by adding output from other targets in the concession — Kansoko, Kamoa North (including the Bonanza Zone) and Kakula West. Kamoa-Kakula is a strategic partnership between Ivanhoe Mines (39.6%), Zijin Mining Group (39.6%), Crystal River Global Ltd (0.8%) and the DRC government (20%). BMO Metals Andrew Mikitchook said the news was an important milestone for Ivanhoe shareholders. “We expect further revaluation of the shares as the mine ramps up over the next months and the Phase 2 expansion (remains ahead of schedule) is delivered by Q3 2022,” he commented in a research note. Looking ahead, Mikitchook said investors would watch for three Kakula-Kamoa milestones: ongoing monthly operational updates, 2021 cost guidance, and updates on copper concentrate offtake arrangements. TNM

GLOBAL MINING NEWS

THE NORTHERN MINER / JUNE 7–20, 2021

JOINT VENTURE ARTICLE

Airborne geophysical survey being conducted over the Moss Lake gold project. GOLDSHORE RESOURCES

The creation of a new Canadian gold miner

BY NORTHERN MINER STAFF

Emerging Canadian junior Goldshore Resources ticks all the boxes to be a highly successful gold exploration and development company, says Brett Richards, Goldshore’s president and CEO. Goldshore has assembled a “starstudded” management team, board of directors, and group of advisors, he says, who have extensive mining industry experience and strong track records of value creation, major discoveries, and project development and execution. “We also have a largescale, potentially world-class project, which we’ll be advancing in a gold market that will remain buoyant for some time to come, and have strong financial backing and cash position.” In January, Goldshore announced the reverse takeover of Sierra Madre Developments. The combined company plans to change its name to Goldshore Resources and trade on the TSX Venture Exchange under the ticker GSHR. Once the business combination is complete, in addition to Richards, Goldshore’s management will include Gavin Copper, current CFO of District Metals (TSXV: DMX), as CFO and corporate secretary, and Peter Flindell, who spent 12 years with Newmont (TSX: NGT; NYSE: NEM), as vice president of exploration. The company’s board will comprise Richards; Doug Ramshaw, president of Minera Alamos (TSXV: MAI); Victor Cantore; Galen McNamara, president of Summa Silver (TSXV: SSVR; US-OTC; SSVRF); Shawn Khunkhun, president and CEO of Dolly Varden Silver (TSXV: DV; US-OTC; DOLLF); Brandon Macdonald, CEO of Fireweed Zinc (TSXV: FWZ); and Wesdome Gold Mines’ (TSX: WDO) Michael Michaud, vice president of exploration, and Heather Laxton, chief governance officer.

The advisory board will include David Garofalo, former CEO of Goldcorp until its sale to Newmont in 2019, and Skeena Resources (TSX: SKE; US-OTC: SKREF) Chairman Craig Parry. At the same time the amalgamation of Goldshore and Sierra Madre was announced, Goldshore also announced its acquisition of 100% of the Moss Lake gold project from Wesdome for $52 million. Under the deal, Wesdome will receive $12.5 million in cash and the greater of $19.5 million worth of shares or 30% of Goldshore on closing. It will also receive a further $20 million in shares in milestone payments, a 1% net smelter return (NSR) royalty on all metal production

Goldshore Resources senior geologist Joey Garcia inspecting historic core samples from the Moss Lake gold project in Ontario. GOLDSHORE RESOURCES

“Once the acquisition of Moss Lake is approved, we’ll have around $17 million in the treasury, which will be more than enough to fund our work program going forward.” BRETT RICHARDS, PRESIDENT AND CEO, GOLDSHORE RESOURCES

from Moss Lake, as well as the two nominees on Goldshore’s board. The 14,292-hectare Moss Lake project in Ontario, about 130 km northwest of Thunder Bay, hosts a multi-million-ounce gold asset and brownfield and greenfield exploration and resource growth potential. “We’ve already identified several prospective areas for follow-up that we believe will unlock the true value of the asset,” says Richards, who was previously CEO at Midnight Sun Mining (TSXV: MMA) and Roxgold (TSX: ROXG; US-OTC: ROGFF) and has over 34 years of experience in mining and metals, including mine financing, development, as well as significant

experience in mergers and acquisitions in the mining industry. The project lies within a highly prolific mining jurisdiction, which hosts several world-class projects, including Kirkland Lake Gold’s (TSX: KL; NYSE: KL; ASX: KLA) Detour Lake gold mine, the Cote gold project, owned by Iamgold (TSX: IMG; NYSE: IAG) and Sumitomo Metal Mining, and New Gold’s (TSX: NGD; NYSE-AM: NGD) Rainy River gold-silver mine. The Moss Lake project hosts the Moss Lake and East Coldstream deposits; the past-producing North Coldstream mine, which produced 102 million lb. of copper, 44,000 oz. of gold, and 440,000 silver ounces;

and the Hamlin zone, a significant occurrence of copper and gold mineralization that also shows potential for an iron-oxide-coppergold deposit. All of which occur over a 20-km-plus mineralized trend. Goldshore’s mantra is “speed to market,” says Richards. “With extensive historical exploration work already completed on the property, we plan to accelerate the development of the project and quickly take it to the point where we can partner with someone to bring it into production.” The Moss Lake deposit, which has a historic resource estimate of 39.8 million measured and indicated tonnes grading 1.1 grams gold per

tonne and 50.4 million inferred tonnes grading 1.1 grams gold, has been drilled over 2.5 km of strike and down to a depth of 300 metres. With a historic measured and indicated inventory of 3.5 million tonnes at 0.85 gram gold and an inferred resource of 30.5 million tonnes grading 0.78 gram gold, East Coldstream has been drilled over 1.3 km of strike and to depths of 200 metres. The company, he continues, is currently in the process of extensive data compilation, an airborne geophysical survey of the property, drill permitting, and the preparation of a drill program. It plans to begin 25,000-50,000 metres of drilling starting in June and slated for completion by the end of this year or early into next year, with an additional 25,000-50,000 planned for completion in 2022. Contingent on the results of the drilling campaigns, it also plans to complete an updated mineral resource for the project around the fall of 2022 and start a prefeasibility study in the second half of the year. In February, Goldshore raised $25 million in a brokered private placement of up to 33.6 million subscription receipts, sold at 65¢ each, and flow-through subscription receipts sold at 75¢ each. “We have de-risked this portion of the project with the first capital raise and, once the acquisition of Moss Lake is approved, we’ll have around $17 million in the treasury, which will be more than enough to fund our work program going forward,” says Richards. The preceding Joint Venture article is PROMOTED CONTENT sponsored by Goldshore Resources and produced in cooperation with The Northern Miner. Visit goldshoreresources.com for more information.

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JUNE 7–20, 2021 / THE NORTHERN MINER

EDITORIAL GLOBAL MINING NEWS · SINCE 1915

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Balancing risk and reward in South America

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DEPARTMENTS Professional Directory. . . . . . . . . . . . 17 Market News . . . . . . . . . . . . . . . . . . . . . . . . . 18 Metal, Mining and Money . . . . . . 19 Stock Tables . . . . . . . . . . . . . . . . . . . . . . 20-23

COLUMN

| Churchill had tax advice for Chile

BY DR. CHRIS HINDE Special to The Northern Miner

he Northern Miner’s Global Mining Symposium in mid-May was a great success, with 1,432 delegates tuning in from 86 countries. In this issue we cover the keynote speakers, Jake Klein of Evolution Mining and David Garofalo of Gold Royalty. Over the last year and a half, Klein has expanded the BY TRISH SAYWELL Australian miner’s footprint overseas, with two large acquisitions in Canada — the Red Lake mine complex in Ontario last year and Battle North Gold earlier this year. Garofalo has been busy too, switching gears from executive roles at mining companies into the royalty and streaming space. He took Gold Royalty public in March raising US$90 million and the company has 18 net smelter return royalties on 12 projects in the Americas. Speaking of the Americas, this issue’s special focus is on South America, a continent that offers sweet mineral riches but sometimes serves them up with a bitter side-dish of political risk. Santiago-based freelance contributor Tom Azzopardi weighs in on Peru’s presidential elections on June 6. Front-runners Keiko Fujimori and Pedro Castillo couldn’t be more different. Keiko, the daughter of Peru’s former authoritarian president Alberto Fujimori, who is now in jail on human rights abuses and graft, has run for president twice and failed. Castillo, a hard-left candidate, union activist and former school teacher from the provinces, has been ahead of her in recent polls. Fujimori is described as a centre-right politician, who also happens to be the subject of a criminal investigation herself (money-laundering charges she denies). She has vowed to crackdown on crime, pardon her father, and is supportive of the extractive industries. “Keiko Fujimori has suggested were she to win, her government would provide support for mining projects in the country, including those that have been delayed by community resistance such as Southern Copper’s Tia Maria,” Colin Hamilton, an analyst at BMO Capital Markets commented in a May 21 research note. “Moreover, the time line and consultation process for approving projects would also be shortened, while 40% of the revenues received from mining would be paid directly into personal bank accounts in local communities. This is a slightly different approach from the rival candidate Pedro Castillo, who is looking to raise taxes on mines.” ‘Slightly different’ approach might be an understatement. Some Peru watchers warn that if Castillo wins, a “leftist dictatorship” would consolidate power and unravel the last thirty years of the country’s free-market policies. Mary Anastasia O’Grady, an editor at The Wall Street Journal and a member of the conservative newspaper’s editorial board, writes that “Castillo’s thinking is frighteningly similar to that of the late Hugo Chavez who ruled Venezuela from 1999 until his death in 2013. … Mr. Castillo has begun to moderate his speech from time to time. But his ‘government plan’ makes no secret of his admiration for Chavez’s ideals and for tyrants like Cuba’s Castro brothers, Nicaragua’s Daniel Ortega, Bolivia’s Evo Morales and Argentina’s Cristina Kirchner. According to his ideology, state ownership of key parts of the economy is necessary to ensure a just society. He has warned multinationals that their days in Peru are numbered.” And with Peru’s economy devastated by the pandemic (it contracted by 11% last year) and one of the highest death rates from the coronavirus, she wrote on May 2, “Peruvians are particularly vulnerable to demagoguery at the moment.” The question, she says, is will voters choose Fujimori as the better of two unattractive options. “Like most Peruvian politicians, Ms. Fujimori is dogged by corruption allegations. She has a faithful following but also high negatives. Her fate now hangs on whether voters who dislike her will hold their noses and pull the lever for her because a Castillo presidency is unthinkable.” Meanwhile, the coronavirus pandemic continues to ravage economies across South America and push hospitals to the brink. Colombia, under conservative President Ivan Duque, has been recently engulfed in violent protests set-off by unemployment and economic hardship due to Covid-19 (the economy contracted 6.8% last year) and a government announcement in late April that taxes would be raised on the middle class (the proposal was later withdrawn); Venezuelans continue to migrate across borders trying to escape hardship at home; and in April, Ecuador, whose economy contracted 7.5% last year, elected a conservative former banker, Guillermo Lasso, as its next president, defeating leftist economist Andres Arauz. It was the third attempt for the pro-business Lasso, who is also a member of Opus Dei, a conservative Roman Catholic organization. And in Argentina, the ruling coalition has struggled for months to negotiate a new deal with the IMF to restructure US$45 billion in debt. Across the border in Chile, which produces about one third of the world’s copper, workers at BHP’s Escondida and Spence copper mines have gone out on strike; uncertainty reigns as the government weighs changes to the tax and royalty regime for copper mines; and the country works on a new Constitution. As Bank of America put it in a May 21 research note: “there are investor concerns about evolving resource nationalism in Chile that could see higher tax rates implemented for the industry. We don’t think this uncertainty will lead management teams to “hurry up” and approve projects.” And worries about copper supply continue unabated. The investment bank also estimated that Codelco, which produces about a third of Chile’s copper, will need to spend US$35 billion between now and 2030 just “to keep output flat at about 1.6-1.7 million tonnes per annum.” TNM

Editorial . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

THE VIEW FROM ENGLAND

uite apart from being exactly the stoical leader we needed during WWII, Winston Churchill was surely the most quotable politician in history. His exhortations relating to the six-year conflict are legendary but Churchill also had some pithy observations about business. “Some see private enterprise as a predatory target to be shot, others as a cow to be milked, but few are those who see it as a sturdy horse pulling the wagon,” Churchill told Parliament. On taxation, he argued that: “For a nation to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.” Churchill could draw on a long list of dubious business laws, and we recently celebrated the 450th anniversary of a British classic. The third parliament of Queen Elizabeth I (convened after an interval of eight years) was held in AprilMay 1571. The monarch, worried that the assembly would discuss the royal succession, instructed parliament to “meddle with noe matters of state but such as should be propounded unto them, and to occupy themselves in other matters concerninge the commen wealth.” (Spellings were correct in the 16th century.) In addition to demonstrating how much the English language has changed in 450 years (assuming the Queen could spell), the parliament of 1571 enacted one of the strangest statutes ever seen in the U.K. The Cappers Act required all males (except noblemen, naturally) over the age of six to wear a woollen cap on Sundays and during holidays (or face a hefty fine). In those days, the wool trade was the foundation of the English economy, and the Tudors were determined to protect it (foreign hats had been banned 83 years earlier). The Act was ineffective and widely ignored (although William Shakespeare’s uncle was fined in 1583 for attending church in a hat, rather than a woollen cap), but the legislation wasn’t repealed until 1604. At the time we were being forced to wear woollen caps, mining opportunities were opening up for Europeans in the Americas. In 1594, Shakespeare wrote of the New World’s “rubies, carbuncles, sapphires,” and how the Americas were “declining their rich aspect to the hot breath of Spain” (Comedy of Errors; Act III, Scene II). In 1520, while attempting to circumnavigate the globe, Ferdinand Magellan had become the first European to set foot on what is now Chile. The next Europeans to reach Chile were Diego de Almagro and his band of Spanish conquistadors, who came from Peru in 1535 seeking gold. The soldiers called themselves “men of Chilli,” taking the name from the indigenous Mapuche word for ‘where the land ends.’ The conquest of Chile began in earnest in 1540 and was led by Pedro de Valdivia, who founded the city of Santiago. Although the Spanish did

not find the extensive gold and silver they sought, they recognised the agricultural potential of Chile’s central valley, and the country became part of the Spanish Empire. Some 480 years later, Chile ranks high in the United Nations’ Human Development Index, and is among the most economically, politically and socially stable nations in South America. It leads the region’s rankings of competitiveness, per capita income, economic freedom and perception of corruption. It also has the lowest homicide rate in the whole of the Americas after Canada. Much can be attributed to the mining industry. Chile’s favourable geology and supportive permitting and fiscal rules have helped the country become the world’s dominant copper miner. In contrast, the volatile and unorthodox politics across the border in Argentina have led to limited development of the country’s vast mineral wealth. Strange then that this success is being put at risk by government plans to add a 3% tax on sales of copper and lithium over production of 12,000 and 50,000 tonnes per year, respectively. If the bill becomes law, miners will also have to pay a progressive tax on copper sales depending on the metal’s market price. Mining companies have queued up to complain. The head of BHP’s operations in the Americas said the increased taxes and royalties “risk damaging the mining industry in Chile.” RBC analysts warned that the tax proposal could halve Antofagasta’s net asset value, and Lundin Mining is reported to be holding off on new investments in Chile because of the heightened country risk, while looking to move forward with a huge spend in Argentina. The CEO of Teck Resources has been more sanguine, noting that tax stability agreements between mining companies and the government are designed to be non-negotiable. He expects them to be respected if changes are made to the country’s royalty system. While the bill is unlikely to pass in its current form (especially now that Chile’s lower house of Congress has rejected the proposals), analysts believe higher taxes and royalties are coming. Chile is also planning to rewrite its constitution. In mid-May, Chilean assets plunged after the ruling coalition suffered a surprise defeat in the election for a constituent assembly, putting the writing of a new constitution in the hands of left-wing parties. Chile needs to take care of its mining sector. The country has been highly successful in attracting exploration and development dollars, but financiers are risk averse and have already started looking elsewhere. Chile has a population of almost 20 million and, with apologies to Churchill, never was so much owed by so many to so few. 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 79North . . . . . . . . . . . . . . . . . . . . . . . . .8 Aldebaran Resources . . . . . . . . . . . . . .9 Altamira Gold . . . . . . . . . . . . . . . . . . . .9 Anglo American . . . . . . . . . . . . . .2,7,12 Barrick Gold. . . . . . . . . . . . . . . . . . . . 6,8 BHP. . . . . . . . . . . . . . . . . . . . . . . . . . 7,12 Cerrado Gold . . . . . . . . . . . . . . . . . . 9,10 Dundee Precious Metals . . . . . . . . . . . .2 Eldorado Gold . . . . . . . . . . . . . . . . . . . .6 Eloro Resources . . . . . . . . . . . . . . . . . .10 Evolution Mining . . . . . . . . . . . . . . . 1,6 Filo Mining . . . . . . . . . . . . . . . . . . 10,12

Glencore . . . . . . . . . . . . . . . . . . . . . . . 6,7 Gold Royalty . . . . . . . . . . . . . . . . . . . 1,6 Gold X Mining . . . . . . . . . . . . . . . . . . . .7 GoldMining . . . . . . . . . . . . . . . . . . . . . .1 Goldsource Mines . . . . . . . . . . . . . . 7,16 Gran Colombia Gold . . . . . . . . . . . . 7,12 Hudbay Minerals . . . . . . . . . . . . . . . . . .1 Iamgold . . . . . . . . . . . . . . . . . . . . . . .2,5,8 INV Metals . . . . . . . . . . . . . . . . . . . . . . .2 Ivanhoe Mines . . . . . . . . . . . . . . . . . . . .2 Lumina Gold . . . . . . . . . . . . . . . . . . . .12 Luminex Resources . . . . . . . . . . . . . . .12

Lundin Gold . . . . . . . . . . . . . . . . . . . . .12 Newmont . . . . . . . . . . . . . . . . . . . 1,5,6,8 Orezone Gold . . . . . . . . . . . . . . . . . . . . .5 Sierra Metals . . . . . . . . . . . . . . . . . 12,13 Silver Wheaton. . . . . . . . . . . . . . . . . . . .6 SolGold . . . . . . . . . . . . . . . . . . . . . . . . . .2 Southern Copper . . . . . . . . . . . . . . . . . .7 SQM . . . . . . . . . . . . . . . . . . . . . . . . . . .16 Teck . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7 Teranga Gold . . . . . . . . . . . . . . . . . . . . .5 Tinka Resources . . . . . . . . . . . . . . . 14,16 West African Resources . . . . . . . . . . . .5

GLOBAL MINING NEWS

THE NORTHERN MINER / JUNE 7–20, 2021

Development work at Orezone’s Bomboré project. OREZONE GOLD

Could Orezone’s Bomboré gold project be ripe for the picking? BURKINA FASO |

BY HENRY LAZENBY

old analysts are pointing to substantial levels of pent-up demand for mergers and acquisitions (M&A) activity in the mid-tier and emerging producer space in the coming months as the world emerges from the pandemic crisis and people can conduct physical due diligence again. One of the hot picks tipped for acquisition is Orezone Gold (TSXV: ORE, US-OTC: ORZCF) and its Bomboré gold development project in Burkina Faso. While the major gold producers have largely completed as much consolidation as possible and are now sporting diversified, sustainable production profiles, the producers are looking to fill reserve depletion organically, focusing on brownfields exploration, or picking up single-asset development projects as potentially the likes of Bomboré. The market has seen several of these strategic tie-ups in recent months, including the acquisition by Newmont (TSX: NGT; NYSE: NEM) of GT Gold and its Tatogga project in British Columbia. Further afield, we’ve seen majors extract improved efficiencies by acquiring complementary assets, such as Newmont and Barrick Gold (TSX: ABX; NYSE: GOLD) forming a joint venture in Nevada in July 2019 — Nevada Gold Mines — where both miners generate a substantial portion of their production from multiple assets. One area that has seen a boom in gold exploration, development and mining activity is West Africa. Recent activity includes Barrick selling its undeveloped open-pit Massawa project in Senegal to Teranga Gold (TSX: TGZ) late in 2019. The latter deal opened the significant potential for operating synergies between Teranga’s producing Sabodala mine, only 20 km from Massawa. Australia-based West African Resources (ASX: WAF) recently announced the acquisition of the 1.1 million oz. Toega gold project from B2Gold (TSX: BTO; NYSE: BTG), as it aims to increase Sanbrado’s gold production and mine life. Toega is located within trucking distance of Sanbrado. But West Africa stands out among the world’s jurisdictions as particularly supportive of mineral exploration, mine development and mining, according to Orezone Gold’s CEO Patrick Downey.

Demand for M&A activity in mid-tier and emerging producers increasing

“PROJECTS IN WEST AFRICA HAVE A LONG HISTORY OF BEING BUILT AHEAD OF SCHEDULE AND UNDER BUDGET.”

A view of Orezone’s Bomboré asset in Burkina Faso. OREZONE GOLD

PATRICK DOWNEY CEO, OREZONE GOLD

Orezone has recently kicked off construction of its fully funded US$189 million Bomboré gold project in Burkina Faso, in which it owns a 90% stake. “Projects in West Africa have a long history of being built ahead of schedule and under budget,” Downey says in an interview. According to him, about 11 recent mining projects in West African jurisdictions were completed either on or ahead of schedule and on or under budget, something that makes them increasingly appealing to investors. The key, according to Downey, is that substantially all of the recent projects completed in Burkina Faso were built by engineering, procurement, and construction management (EPCM) contractor Lycopodium Minerals. For this reason, it also awarded the Bomboré EPCM contract to Lycopodium in January. “With more than 12 mines built in West Africa, Lycopodium’s track record of building efficient mines on time and budget is unparalleled. Lycopodium is very familiar with Bomboré, having performed the 2018 feasibility study, the 2019 updated feasibility study, and the previously completed front-end engineering and design,” says Downey. Lycopodium has a demonstrated track record in Burkina Faso, recently delivering successful EPCM gold projects at the two million oz. per year Sanbrado project for West African Resources, adjacent to Bomboré, the three million oz. per year Houndé project for Endeavour Mining, and the 2.5 million oz. per year Wahgnion project for Teranga Gold. Significantly, Lycopodium has just completed the 3.3Mtpa Yaouré project for Perseus Mining in Côte d’Ivoire, ahead of schedule and under budget during the covid pandemic. Last year, Orezone released a feasibility study for Bomboré, which outlined a staged oxide-sulphide

project producing an average of 117,800 oz. of gold annually at all-in sustaining costs of US$730 per ounce. The Bomboré gold project is host to a total oxide reserve of 52.5 million tonnes at 0.69 gram gold per tonne for 1.2 million contained oz. with additional sulphide reserves of 17.6 million tonnes grading 1.19 grams gold per tonne for a total of 675,000 ounces. These are contained within a measured and indicated resource inventory of 107 million tonnes of oxides at 0.55 grams gold and 123 million tonnes of sulphides at 0.8 grams gold. The associated initial capital for the oxide portion of the project was estimated at US$153 million, with an additional US$63 million allocated for the sulphide expansion commencing operations in the third year. At a 5% discount rate, the associated net present value has been estimated at US$361 million with a 43.8% internal rate of return. Orezone is planning on pouring first gold from Bomboré in the second half of next year. On January 21, Orezone announced it had secured a financing package totalling US$182 million and consisting of US$96 million in senior secured loans, a US$35 million convertible note, and a US$51 million bought-deal equity offering to fund Bomboré into production fully. The finance package has allowed Orezone to rapidly advance critical items on its to-do list, including ordering long-lead items such as the ball mill in parallel with starting site earthworks. Downey expects the first concrete pours to take place in June, which according to the so-called Lassonde Curve, should precipitate the start of a corporate rerating and about a 125% rise in equity values as the company enters the construction phase proper. According to Downey, the con-

struction milestones set the stage of a coveted equity rerating as the project advances closer to production and ever more appealing in the eyes of potential suitors. “M&A activity takes place when a particular set of conditions are met, including timing. But more importantly, investors are looking for clean projects because they don’t want future value capped through dilutive construction finance packages or by the proponent selling future metal streams. “I think West Africa — and hopefully Bomboré — will be part of future M&A because single asset companies rarely make for great business propositions,” he says. “But before we would consider any type of transaction, we first want to demonstrate the growth potential of the asset.” For Orezone to access all areas within the Bomboré mining permit required for the process plant, surface infrastructure, tailings storage facility, and off-channel reservoir, Orezone had to relocate an entire village. The company built over 1,100 private homes, public buildings, and community roads and moved over 370 families into their new homes. According to Downey, with that significant social investment now complete, it opened up new prospective areas for exploration, which is a key value driver. “One of our top priorities in 2021 is to start exploratory drilling on high-priority oxide and sulphide targets to extend Bomboré expansion potential,” he says. To this end, the company has sold 50% of the silver by-product production to EURO Resources, a 90%-owned affiliate of Iamgold (TSX: IMG; NYSE: IAG). The streaming deal gave Orezone US$7.15 million in exploration funding in exchange for a minimum of 37,500 oz. silver from the mine, capped at

375,000 ounces. “We believe the silver stream is an attractive non-dilutive source of capital to fund exploration on highpriority oxide and newly identified high-grade sulphide targets during construction. Due to the lack of comprehensive silver assays, no silver production was included in the 2019 feasibility study for Bomboré,” says Downey. The Bomboré project spans over 13 km and is yet to be fully defined. Several isolated mineralized zones are believed to be continuous but have not been drilled sufficiently to confirm such continuity. Two such zones identified as high priority drill targets are the P17 sulphide zone and the hanging wall oxide zone at Maga. For the P17 sulphide zone, recent drilling has defined high-grade sulphide resources at P17S with grades more than double that of the overall average grade for the project. Drilling just north of the P17S reserve pit indicates that the deposit is still open and trending towards the surface at P17, situated 1.2 km to the north. Historical drilling at P17 has returned excellent intercepts, and a sizeable untested gap exists between these two areas. Future drilling is planned to infill this large, underexplored area. For Maga, oxide targets in the hanging wall were previously inaccessible before relocating families to their new resettlement villages. Limited previous drilling and auger drilling and historic artisanal gold workings outside of current reserve pits provide a strong indication that the mineralized structures hosting the current reserves display good lateral continuity and are highly prospective to reserve expansion. In addition, high-grade sulphide inferred mineralized zones are present directly below or along strike of several sulphide pits in the current mineral reserves. The previous drilling suggests that these zones are wide and continuous at Siga South, where the sulphide zone definition drilling is most advanced. The company has identified three primary target areas (Maga, Siga South, and Siga East) for sulphide resource drilling that warrant future exploration. Bomboré also has 14,547 hectares of exploration claims surrounding its mining permit, with numerous prospective targets that have been identified, including the KT and P13 prospects located to the northeast and the southwest of the mining permit, respectively. TNM

WWW.NORTHERNMINER.COM

JUNE 7–20, 2021 / THE NORTHERN MINER

KLEIN From 1

back to our shareholders.” The Australia-focused gold miner has four wholly owned mines in Australia — Cowal in New South Wales, Mungari in Western Australia, and Mt Rawdon and Mt. Carlton in Queensland, as well as an economic interest, also in Queensland, in Glencore’s (LSE: GLEN) Ernest Henry copper-gold mine. But in the last two years the company has taken a deep dive into Canada with the US$375 million all-cash acquisition from Newmont (TSX: NGT; NYSE: NEM) of the Red Lake complex in Ontario’s famous Red Lake district, which closed on April 1, 2020, and more recently, the $343 million acquisition of Battle North Gold and its Bateman gold project, also in Red Lake, which closed on May 20. Under its deal to acquire the Red Lake underground mine complex, Evolution agreed to invest US$100 million on existing operations and another US$50 million on exploration over the first three years. Despite the pandemic, Evolution is off to a good start. “It’s been an amazing almost 13 months of owning the assets,” Klein said. “We put in place initially a first phase transformation of Red Lake, which really focused around building up exploration again. It had been under-explored. Then getting development in place. It was a mine that was depleting more rapidly than it was putting ounces into reserves, so we are doing that now, and we believe the first stage of that transformation is 200,000 oz. at less than US$1,000 per oz. all-in-sustaining costs. We said that we thought that would take us three years and we are well on track to do that.” Then, having looked at the endowment of the Red Lake complex, which consists of the Red Lake and Campbell complexes, each consisting of an underground mine and associated processing facility, and the Cochenour mine, and recalculated resources at 11 million oz., Evolution realized that it had been conservative. “We are now of the view that we should set our sights higher and our longer term ambition is now 300,000500,000 oz., and that will restore Red Lake to being one of the premier Canadian gold mines around again ... and we are very confident that we can do that. It has a lot of gold, it has a workforce that wants to make it happen, and it is in a legal framework and structure and regulatory system that allows you

to be confident of your ownership.” As for Battle North Gold and its Bateman gold project, Klein noted that Evolution had looked at the company a couple of years before it announced its acquisition of Red Lake in November 2019. As it happened, Battle North had itself bid for Red Lake once before, but had been outbid, Klein said, “so it was clear from both parties’ perspective that a consolidation make sense. Their leases are contiguous to our leases, some of their orebodies plunge into ground which we own at Red Lake, and it really is consolidating the district into single ownership, so that was our primary motivation. It was only really divided as a result of tenure not as a result of geology; it is one geological system.” The Bateman project, formerly known as the Phoenix project when owned by Rubicon Minerals, also has a mill, which was attractive to Evolution with its plans to mine more gold at Red Lake. “In our aspirational goal of 300,000-500,000 oz., we need more milling capacity, so that does solve that problem, but really it is about consolidating the district and with that, our view is that we will be mining gold there in 20 years’ time very profitably.” A recent feasibility study concluded the Bateman gold project could produce an average of 74,000 oz. of gold over a mine life of about eight years. Turning to organic growth in Australia, Klein said Evolution’s standout opportunity is Cowal, its open-pit mine, 350 km west of Sydney, which it acquired from Barrick Gold (TSX: ABX; NYSE: GOLD) in 2015. At that time, Cowal had about 1.6 million oz. in reserves, and mining was scheduled to close in 2020, after which it would process low-grade stockpiles until 2024. But Evolution has mined over a million oz. “very profitably” since the acquisition, according to Klein, and repaid all of its purchase price capital. “We now have 3.9 million oz. in reserves due to discovery,” he said, “and I should point out that we do our reserves at A$1,450 per oz. (US$1,124 per oz.), which is a very conservative number. We do that purposefully to underpin that margin over value approach.” In addition, the mine “has a clear pathway from 200,000 oz. per year to 350,000 oz. and Evolution is almost at the end of a feasibility study for an underground mine at the site. The Ernest Henry copper-gold underground mine, about 38 km northeast of Conclurry, also has “real

TSX.V: ORE OTCQX: ORZCF

BOMBORÉ

Building Burkina Faso’s Next Gold Mine

www.orezone.com

mine life extension opportunity as we continue to drill below the current reserves,” Klein noted. Evolution acquired its economic interest in Ernest Henry from Glencore in November 2016, and under the deal the mine will deliver 100% of future gold and 30% of future copper and silver produced within an agreed life of mine area. Outside the life of mine area, Evolution will have a 49% interest in future copper, gold and silver revenue. Currently copper makes up about 15% of Evolution’s total revenues but Klein says the company isn’t interested in increasing that percentage. “We’re happy where we are,” he said. “It goes to what investors want and they are investing in Evolution as a gold mining company. Rule of thumb would say that up to 20% of copper revenue would be okay; and if we happened to discover a major copper deposit that would be good, we wouldn’t say no to that. But we’re not out there actively looking for copper plays.” Klein also dismissed the possibility of a secondary listing outside of Australia, despite owning two significant assets in Canada, arguing that secondary listings can be complex and expensive and do not always deliver extra liquidity. “Unless you get to a scale where it really is warranted, I’m not sure the benefits outweigh the costs and the additional compliance needs,” he said. “I have been involved as a non-executive director at a company that had a Toronto and Australia listing, and the additional compliance in regards to 43-101 and JORC compliance, makes it onerous.” When asked to reflect on some of the lessons he’s learned during his

career in mining, which included many years working with Sino Gold Mining in China, Klein joked that the industry is probably best described by the Chinese saying: ‘Sweet torture.’ “This is what the industry is going to deliver to you and therefore humility is a very important part of being in this sector,” he said. “Just when you think everything is going right, things go wrong, so resilience is really critically important — making sure you’re humble about your successes because at some point something is going to go wrong that you didn’t anticipate, and make sure you are always scanning the horizon for both opportunity and for challenges.” The other key thing, he said, was an ability to make tough decisions around risk. “This is an industry where opportunity doesn’t come gift-wrapped. You have to go out on a ledge and figure out a way where you’re going to jump off the ledge, whether it’s in your personal career or needing to move into another space,” he said. “When you’re sitting around a board table and you’re thinking about an acquisition, there are always more reasons not to do something than to do something ... At the end of the day, you have to take risk and this is an industry about geological and financial risk and you need to get comfortable taking them.” Taking risk was what built Evolution in the first place. In 2010, Klein heard of an asset in north Queensland called Mt. Carlton, about 150 km south of Townsville, which everyone believed was not economic based on a failed feasibility study, he said. Klein, who had worked in China at Sino Gold as president and CEO

GAROFALO From 1

bringing about 35 years of experience to the table; and Ian Telfer as chair who helped pioneer the streaming and royalty business. The business model started with the creation of the world’s largest streaming company today, Silver Wheaton (TSX: WPM; NYSE: WPM; LSE: WPM), which was spun out of Wheaton River Minerals in 2004 in the wake of a hostile US$2.7 billion takeover bid by U.S. miner Coeur d’Alene Mines Corp. Telfer was at the helm of Wheaton River. Wheaton was spun out initially with royalties on Goldcorp’s portfolio. “We’re doing exactly the same thing. We were spun out of GoldMining with collectively 26 million oz. of gold resources and more than 31 million oz. gold-equivalent, when you add the significant copper byproduct,” he says. “We have this foundational element of resources to start us off. And now, with the US$90 million on our balance sheet, we have quite an amount of ammunition to go start to diversify our portfolio on the royalty side.” Garofalo also serves as the chairman and CEO of the Marshall Precious Metals Fund, collaborating with China-based Zhaojin Mining. Garofalo set up the business at the request of Zhaojin, which capitalised it, to create an incubator fund to invest in gold juniors. Echoing his strategy from the Goldcorp days, Garofalo said he had “always been a big proponent of investing in the juniors and setting up that incubation model.” “I think [these two vehicles are] timely, given we see a re-ignition of gold exploration over the last year or so. And it’s much needed in the sector,” he said. The Northern Miner recently reported Wheaton Precious Metals’ CEO, Randy Smallwood, saying the deal landscape had never looked

Gold Royalty Chairman and CEO David Garofolo.

“GIVEN THE EXISTENTIAL NEED TO INVEST IN EXPLORATION, WE THINK THERE’S GOING TO BE A SCRAMBLE FOR ASSETS AND CAPITAL TO ADVANCE THOSE ASSETS.” DAVID GAROFALO CEO, GOLD ROYALTY

better, a sentiment Garofalo shares strongly. “I couldn’t agree more with Randy, which is why I’m repositioning myself with royalty companies at this stage in my career,” said Garofalo. “Given the existential need to invest in exploration, we think there’s going to be a scramble for assets and capital to advance those assets.” When Garofalo was running Hudbay and assessing finance options for the US$2 billion Constancia copper mine build in Peru, management had to weigh innovative financing avenues to foot such a large construction bill at a minimum dilution. Again, streaming helped ease the burden. “That involved picking up the phone and calling Randy. We raised

from 1995 until Eldorado Gold (TSX: ELD; NYSE: EGO) acquired the company for over A$2 billion (US$1.5 billion) in late 2009, decided to consult his former colleagues, and ask their opinion. “The first port of call was to one of my colleagues who had actually run a bacterial oxidation smelter in China for Sino Gold, and the metallurgist who used to operate our gold mine, which produced the concentrate,” he explained. Through those discussions, Klein concluded that the key to unlocking value at Mt. Carlton was to produce a concentrate and not try and produce gold on site, and in turn sell the concentrate to China. “We were able to reduce the capital enormously without needing to produce dore on site and ship a concentrate to China, which we’ve done for the last eight years, and that kind of got us into business,” he said. (Evolution commissioned Mt. Carlton in 2013 and the asset has generated an average return of 19% a year.) Klein and his team went on to make a series of complex deals to form Evolution in November 2011. This year Evolution expects to produce between 670,000 and 730,000 oz. gold at AISCs of US$930 to US$970 per ounce. Klein says the secret to keeping AISCs under US$1,000 per oz. is really quite simple. “Get rid of the assets which aren’t performing that well and which are higher cost and keep improving the quality of your asset base,” he says, noting that in the last five or six years the company has sold three assets. “Focus on margins and AISCs — not wanting to be the biggest, but wanting to be the best.” TNM

three-quarters of a billion dollars towards building that project. That was a win-win. It was a win for us; it was a win for him because he got that stream re-rated two times, and we got that mine built. So, it’s very important to be in a position to provide that capital,” said Garofalo. Garofalo defined the value opportunity of streaming and royalties as the ability to capitalise on the arbitrage top-line exposure through royalty companies that provide leverage to the gold price and the operational success of its partners offer. In the wide-ranging interview, Garofalo also shared his views on several other hot topics, from why the gold price has not yet topped US$5,000 per oz. to cryptocurrency’s impact on gold investment, and how ESG investment principles have generally contributed to higher costs and delayed exploration and project development timelines. In terms of the gold sector’s capacity for more blockbuster deals such as Randgold Resources and Barrick Gold’s US$18.3 billion tie-up in 2018, Garofalo said the seniors were “pretty much done for now.” He did suggest, however, there remains “lots of scope” for mid-tier and junior M&A deals. “If you want to attract generalist investors, you need scale. I think there’s lots of pent-up M&A that is likely to come out in the coming months,” he said. “In royalties, there has been a proliferation over the last couple of years. There’s going to be a reckoning there.” Garofalo has worked for thirty years in the mining industry and previously served as the president and CEO of Goldcorp between 2016 and 2019 until its merger with Newmont Mining. Prior to his stint at Goldcorp, Garofalo was president and CEO of Hudbay Minerals (2010-1015) and before that served as senior vice president finance and CFO of Agnico Eagle Mines (TSX: AEM; NYSE: AEM) (1998-2010). TNM

SPECIAL FOCUS

MINING AND EXPLORATION IN

SOUTH AMERICA LARISABLINOVA /ISTOCK

Voters divided ahead of June 6 presidential election in Peru PERU

| Political gridlock could continue despite results

Pedro Castillo (left) of the Peru Libre party is currently leading in the polls against rival Keiko Fujimori of the Fuerza Popular party. WIKIMEDIA COMMONS (DSAN/CONGRESO DE LA REPÚBLICA DEL PERÚ)

BY TOM AZZOPARDI

Special to The Northern Miner

surprise win by a left-wing candidate in the first round of Peru’s presidential elections has alarmed foreign investors and the mining sector. But the bigger threat could be the continuation of the political gridlock that has gripped the country since 2017. Having emerged the most popular candidate among a record field of 18 candidates, Pedro Castillo, a former primary school teacher and union leader, remains the favourite to win a run-off vote on June 6. His rival, conservative Keiko Fujimori, has worked hard to close the double-digit lead that opened immediately after the April 11 elections, but appears to have run into a ceiling of support, Claudia Navas, an analyst at Control Risks, told The Northern Miner in an interview on May 26. For now, poll results are too disperse to judge who will win. While a May 21 poll by Ipsos Peru gave Castillo a four-percentage point lead over Fujimori, one undertaken four days later by Lima-based market research firm Datum International and the Gestion newspaper, reduced that gap to just one point. The uncertainty is causing sleepless nights for investors alarmed by Castillo and his Peru Libre party’s radical political program, which includes tearing up Peru’s 1993 conservative constitution, hiking taxes and nationalizing strategic businesses, including major mines. Hailing from northern Cajamarca province, Peru’s poorest, Castillo’s firebrand speeches, disregard for orthodox economic policy and promises to ramp up spending on welfare and education have caught the imagination of voters battered by the Covid-19 pandemic and tired of a divided and corrupt political elite. Following the start of the Covid-19 outbreak in March last year, thenPresident Martin Vizcarra ordered

one of the strictest lockdowns in Latin America to contain the virus. The nationwide lockdown caused the Peruvian economy to shrink by an unprecedented 30% in the second quarter of last year, but still failed to stop the disease spreading as tens of thousands of rural migrants, mostly employed in the large informal sector, fled the cities taking the virus with them. The official response to the health crisis has been further hampered by political score settling between lawmakers and the executive. Last November, Vizcarra became the second successive president to be impeached by Congress over alleged corruption charges. Following huge protests against the sacking of a popular president, lawmakers chose respected economist and lawmaker Francisco Sagasti to hold the fort until a new government and legislature could be elected this year. While voters may be focused on Castillo’s welfare measures, for investors the concern is the promise in his party program to nationalize the country’s richest mineral assets, including Southern Copper’s (NYSE: SCCO) Cuajone mine, the Antamina deposit owned by BHP (NYSE: BHP; LSE: BHP; ASX: BHP), Glencore (LSE: GLEN) and Teck (TSE: TECK.A/TECK.B; NYSE: TECK) and Camisea, the country’s largest natural gas field. Although he has cooled his rhetoric on nationalizations in recent weeks as he strives to attract undecided electors, promising higher taxes rather than expropriation, what he would actually do if elected remains unclear. “I don’t think even he knows how he is going to change the rules,” Xenia Forno, a mining lawyer at Rubio Leguia Normand, told The Northern Miner on May 24. The uncertainty comes at a critical time for the country’s mining industry, which is already the world’s second-largest source of copper and

a major producer of gold, silver, lead, zinc, and tin. Following the recovery in metals price from 2017 onwards, investment reached a record US$1.4 billion last year thanks to major copper projects like Anglo American’s (LSE: AAL) Quellaveco and Mina Justa (owned by tin miner Minsur and Chile’s Empresas Copec). With copper prices now at record levels, many companies are eyeing further investments, which could lift production to over three million tonnes annually over the next decade. While a majority of the new lawmakers might support higher taxes, targeting tax hikes just at foreignowned companies as Castillo has proposed would require changing the constitution, which currently bans discrimination between forSee PERU / 16

Goldsource seeks to chart scalable development of Eagle Mountain GUYANA |

Project is country’s second-largest undeveloped gold deposit

Goldsource Mines is already hard at work to achieve the five main objectives for the 2021 drill programme. GOLDSOURCE MINES

BY HENRY LAZENBY

oldsource Mines (TSXV: GXS) is rapidly advancing the Eagle Mountain project in Guyana, the country’s secondlargest undeveloped gold deposit, CEO Steve Parsons tells The Northern Miner in an interview. On February 22, the Canadabased company published a new National Instrument 43-101 resource estimate update on the project, essentially doubling the indicated and inferred resource categories to just more than 1.7 million oz. gold. It is a milestone Parsons declares lends the project critical mass to move forward and for the company to contemplate a starter scenario on the expansive and highly prospective project. The new resource estimate en-

tails about 23 million tonnes grading 1.14 grams per tonne gold for 848,000 oz. of gold in the indicated category, and 25 million tonnes grading 1.09 grams per tonne gold for 868,000 oz. inferred. Guyana was recently thrust back under the global mining investment spotlight. Gran Colombia Gold (TSX: GCM) announced in midMarch an all-scrip $315 million (US$252.5 million) transaction through which it is acquiring Gold X Mining (TSXV: GLDX) and its Toroparu project. Toroparu is in Western Guyana’s Cuyuni-Mazaruni region and is the most extensive undeveloped copper-gold resource base in Guyana, with measured and indicated resources of 7.4 million oz. gold See GUYANA / 16

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79North reports new gold discovery at its Nassau project SURINAME |

Exploration uncovers large deposit of hydrothermal quartz

BY TRISH SAYWELL

9North (CSE: JQ; US-OTC: SVNTF) has made a new discovery at its 20,000 hectare Nassau gold project in Suriname, about 20 km south of Newmont’s (TSX: NGT; NYSE: NEM) Merian gold mine and 60 km east of Iamgold’s (TSX: IMG) Rosebel gold mine. The new discovery called the Carbonara gold zone — mostly concealed by jungle — is contained in a quartz vein-like body that is at least 1,600 metres long and several metres wide, where gold grades from rock chip samples based on three widely spaced outcrops run up to 4.52 grams gold per tonne. Founder and CEO Jon North says the silica alteration zone at Carbonara is one of the vastest deposits of hydrothermal quartz he has ever seen, “which is encouraging because every geologist knows that gold deposits are also quartz deposits.” In addition, Carbonara is a northwest trending structure that is parallel to Newmont’s Merian deposit, which is northwest trending too, and its silica alteration looks like Merian’s, North says. “At one stage this area tied on to the Newmont exploration concession that became Merian, but they had to withdraw some of the concession because they had to negotiate a mining concession for Merian,” North says in an interview. “But it’s within trucking distance of Merian’s mill, and it’s closer to the mill than Newmont’s Sabajo deposit that they’re going to mine. It’s part of the same gold field.” The Carbonara discovery is about eight km from the company’s Witlage target, which is also a northwest trending structure and according to North appears to be similar to the stratigraphy at Iamgold’s Rosebel deposit. “The Rosebel stratigraphy goes right through the Witlage gold zone and that’s the contact of what’s basically a Timiskaming sequence — a coarse fluviatile sequence unconformably overlying a volcanic platform,” he explains. “It’s exactly the same as Rosebel, but Merian isn’t in that environment, it’s off on its own, it’s in a mixed sedimentary volcanic

“WE’RE WORKING ON THE BASIS THAT IT IS THIS VERY CONTINUOUS MASSIVE ZONE OF SILICA ALTERATION WHERE GOLD IS BEING CONCENTRATED.” JON NORTH FOUNDER AND CEO, 79NORTH

sequence. But the common ingredients are the dominance of northwest structural corridors.” In January the company released results from the first 45 rock chip samples taken from the Witlage tar-

Exploration crew at the Carbonara site in Suriname.

get, with assays of up to 27.98 grams gold per tonne. Witlage and Carbonara are 79North’s first two drill targets, and North says he thinks the company will drill Carbonara first. “The size of Carbonara is so compelling and it’s continuous,” he says. The Witlage target could turn out to be continuous as well, he adds, but so far it’s only been exposed over a strike length of about 300 metres and then it dips under tailings from where Brazilian artisanal miners have worked in the area, or it goes undercover of colluvium. Carbonara, by contrast, is a high silica body that is holding up a very steep sloped ridge. North says his team can’t see that it is continuous because it hasn’t been working there

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long enough, but where it has been exposed, it fits in with the northwest trending structure thematic at the project, and has an underlying magnetic anomaly that “seems to represent the strike of the stratigraphy and every time we see it, it’s gold-bearing, so we think we know where it is because of the magnetic anomaly.” The three gold occurrences found at Carbonara (called Brodino, Arrabiatta and Puttanesca) are on the edge of the magnetic anomaly. The question, North says, is what is the mag anomaly? “Is it alteration? Is it an intrusion? Is it mineralized? Is it earlier, the same age or later age than the silica alteration? All those things need to be told.”

North says if they can establish that the mag anomaly is mineralized, and is related to the silica alteration and the source of all the alluvium, the company could use the mag anomaly to map out the initial drill holes. It could also be a sterile, younger diabase that’s magnetic. The Toronto-based junior found gold at Carbonara even before it had finished the baseline for the grid. “Before the auger sampling or linecutting was even done, we had found gold occurrences on this high silica alteration zone,” North says. “It left me wondering: This is massive silica and it’s everywhere on this steeply dipping ridge.” “We finished looking at one of the exposures and while it looked like replacement quartz, it’s not a vein, and we went, ‘wow, this looks like silica lithocap, what is it doing in the Proterozoic, it doesn’t belong here, and why does it have so much gold in it’? The last time I was looking at this kind of silica lithocap was 15,000 km away from here in Burma.” The interesting thing, North says, is that typically silica lithocaps generally don’t contain gold, so what has been found so far at Carbonara is not lithocap, it’s something else, and the nearest thing he could think of as a comparison is Barrick Gold’s (TSX: ABX; NYSE: GOLD) Morila deposit in Mali, which is silica replacement of a large volume of sediment. “Morila is a beautiful gold deposit so that’s what we’re working off of — we’re working on the basis that it is this very continuous massive zone of silica alteration where gold is being concentrated. It’s going to take a lot of drilling but we know we have a gold deposit. The question now is: Is the deposit mineable, because of the size and grade and metallurgical characteristics that would make it possible.” North is excited about the future. “It just seems like we’ve got this large concession, in a regional gold field that contains Merian and Rosebel and in every way that is typical of the Guyana Gold Shield, where you get these large endowments of gold in small places,” he says. “When we went public and did the financing, the concept was these are the right rocks and we’re there for the right reasons. This is an immature place for exploration, a very different place than Western Australia, or the Timmins Camp, or Yellowknife, and there’s still room for discoveries.” The mining executive also gives credit to the Brazilian artisanal miners for pinpointing places to start the hunt for gold. “We’re just following where the Brazilians are finding the alluvium and figuring out where the gold is coming from,” he says. “That was how Rosebel and Merian were found.” The Brazilians are really good gold miners, he adds. They only care about the alluvium and drive into the jungle with an excavator, get onto water courses, drive along the creeks and every 10 or 20 metres they take a couple of scoops out of the creeks, pan it, count the colours, and decide whether to mine there or keep going. On his first trip to Suriname in July 2016, North recalls, “there was nothing going on up there, it was a no-man’s land, jungle.” But since then, “a large number of Brazilian artisanal miners have shown up, did prospecting and started mining all the gravels out of the creeks that were draining this topographic and magnetic anomaly, so we said, ‘Nature is trying to tell us something, it’s the source of the gold.’” TNM

GLOBAL MINING NEWS

MINING AND EXPLORATION IN SOUTH AMERICA

THE NORTHERN MINER / JUNE 7–20, 2021

SOUTH AMERICA SNAPSHOT EIGHT COMPANIES ACTIVE IN THE REGION BY MARILYN SCALES

South America is home to rich deposits — not only of gold and silver, but of copper, zinc and lithium. Here are eight Canadian companies that are making the most of the potential. n ALDEBARAN RESOURCES High in the Argentinian Andes Aldebaran Resources (TSXV: ALDE) has brought its Altar porphyry copper-gold project to the advanced exploration stage. The project has several deposits, but only two (Altar Central and Altar East), are included in 43-101 resources. Altar Central and Altar East contain 13.2 billion lb. copper equivalent at 0.50% copper equivalent in measured and indicated resources. There is another 1.9 billion lb. at 0.47% in the inferred resource. The estimate has total measured and indicated resources of 1.2 billion tonnes grading 0.43% copper, 0.09 gram gold per tonne, and 1.0 gram silver per tonne. There are 11.4 billion lb. copper, 3.4 million oz. gold, and 38.6 million oz. silver in this portion of the deposit. The inferred resource is 198.2 million tonnes grading 0.42% copper, 0.06 gram gold, and 0.80 gram silver, containing 1.75 billion lb copper, 400,000 oz. gold, and 4.8 million oz. silver. The Altar Central and East deposits both have a supergene and a hypogene component, with a ratio of about 1:3, respectively, in the measured and indicated resource. The presence of supergene ore gives the project a potential, low cost starter operation that contains 2.96 billion lb. copper and 700,000 oz. gold. The company’s QDM-Radio deposit sits about 2,500 metres to the west. The supergene portion of the QDM-Radio deposit is thought to contain 590,000 oz. gold-equivalent at 0.91 gram gold-equivalent per tonne in measured and indicated resources, plus 30,000 oz. at 0.70 gram gold-equivalent in the inferred resource. The detailed numbers include 20.0 million tonnes grading 0.78 gram gold per tonne, 3.59 grams silver per tonne, and 0.06% copper, containing 500,000 oz. gold, 2.33 million oz. silver, 26 million lb. copper. The inferred portion has 1.2 million tonnes at 0.58 gram gold, 5.34

A miner at Eloro Resources’ Iska Iska silver-polymetallic project in southern Bolivia.

grams silver, and 0.03% copper for 20,000 oz. gold, 210,000 oz. silver, and 1.0 million lb. copper. The deeper portion of the QDM (Radio) porphyry deposit has insufficient drilling to estimate a resource, but there appears to be significant potential there. The Altar property has a considerable exploration upside, too, says Aldebaran. There is a QDM West zone, a Gap zone between QDM and Altar Central and East, and an Altar East East zone. The Altar East East deposit was discovered in the mid-1990s. Aldebaran took a five-year, 80% option from former owner SibanyeStillwater in 2018. After examining historic work at the property, Aldebaran updated the resources this year. The company has a market cap of $79 million. n ALTAMIRA GOLD Altamira Gold (TSXV: ALTA; US-OTC: EQTRF) is drilling three

100%-owned gold targets in Brazil. The company has two early stage properties in Mato Grosso state — Santa Helena (gold-copper) and Apiacas (gold). The more advanced project is Cajueiro, which crosses the boundary between Mato Grosso and Para states. This is a former mine that produced over 250,000 oz. gold in the 1980s and 1990s. Altamira is expanding the resources with the goal of near-term production. A 43-101 report from 2019 put Cajueiro’s indicated resources at 5.6 million tonnes grading 1.02 grams gold per tonne, containing 185,000 ounces of gold. The inferred resource was estimated at 12.7 million tonnes grading 1.26 grams gold, containing 515,000 ounces. The resource is open at depth and along strike, and there are untested gold-in-soil anomalies. Metallurgical testing in 2016 returned recoveries of between 93.7% and 96.2% using gravity and cyanide leaching. Tests continue.

ELORO RESOURCES

Altamira says it is ready to begin construction of a 1,000-tonne per day processing plant for oxide ore. The company estimates US$6 million for both the plant and mine development. The trial mining and environmental licences are in place. Initial ore is to be mined from the higher grade oxide material at the project’s Baldo and Centre zones. The company is currently testing the Maria Bonita target at Cajueiro where a major gold-in-soil anomaly was discovered. This target is 4.5 km west of the Cajueiro resource area, and soil samples have had even higher values — up to 3.1 grams in soils — than at Cajueiro. The Apiacas property is situated in the historic Alta Floresta Belt, one of Brazil’s largest placer gold camps, which has produced about 1 million oz. of gold. Disseminated gold mineralization has been traced over a 4 x 1 km area. Surface sampling has confirmed the presence of four high-grade vein struc-

tures at the Mutum target. Historic surface grab samples ran as high as 403.5 grams gold per tonne, and recent ones returned up to 3 metres grading 10.39 grams gold. The Santa Helena property has a porphyry copper target with peripheral high-grade gold. The target had not been drilled previously, despite surface rock that sampled up to 171.6 grams gold per tonne over several square kilometres. Altamira has a $53 million market cap. n CERRADO GOLD Cerrado Gold (TSXV: CERT; USOTC: CERRF) has a wholly owned, producing mine in Argentina’s Santa Cruz province. Minera Don Nicolas (MDN) is a high-grade epithermal open-pit operation capable of producing 45,000 to 55,000 oz. of gold annually.

See SOUTH AMERICA SNAPSHOT / 10

MINING AND EXPLORATION IN SOUTH AMERICA

JUNE 7–20, 2021 / THE NORTHERN MINER

Above: A train emerges with ore from the recently completed Yauricocha Tunnel at Sierra Metals’ Yauricocha mine, Peru. SIERRA METALS

SOUTH AMERICA SNAPSHOT From 9

Currently mining takes place at the La Paloma and Martinetas pits, which are about 30 km apart. Mining is carried out conventionally using drills, trucks and shovels. Run of mine ore is trucked directly to the mill, and low-grade material is stockpiled, perhaps for leaching in the future. A 1,000 tonne per day processing plant is located at Martinetas. It includes a traditional crushing and grinding circuit followed by carbon-inleach gold recovery. The 43-101 report prepared last year put measured and indicated resources at 1.2 million tonnes grading 5.49 grams gold per tonne and 8.37 grams silver per tonne for contained metal of 198,808 oz. gold and 241,903 oz. silver. The inferred

Right: Miners preparing to descend into Gran Colombia’s Providencia mine in Colombia. GRAN COLOMBIA GOLD

resource was 4.7 million tonnes grading 2.33 grams gold and 4.78 grams silver, containing 348,693 oz. gold and 320,118 oz. silver. Thanks to the cash flow from mine production, Cerrado is exploring for growth opportunities. The most likely is the Monte Do Carmo greenfield discovery in Tocantins state, Brazil. A 17,000metre drill program is underway to expand the inferred resource, which currently sits at 13.6 million tonnes grading 1.85 grams gold per

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tonne, containing 813,000 oz. gold. The current drill program is aimed at expanding contained ounces to 1.5 million. The primary focus is the Serra Alta pit, for which a preliminary economic assessment has been prepared. It carries an after-tax net present value (at a 5% discount rate) of $432 million and an after-tax internal rate of return of 76.4% at a gold price of US$1,550 per ounce. The initial capex is estimated at $110 million. Average annual production would be 103,000 oz. gold at an average all-in sustaining cost of US$498 per oz. In May, Cerrado reported drilling at the Monte do Carmo project intersected 8.6 metres at 14.1 grams gold and 2.65 metres at 118 grams gold. Cerrado Gold has a market cap of $102 million. n ELORO RESOURCES Eloro Resources (TSXV: ELO; USOTC: ELFFR) has made a major discovery in Bolivia, the Iska Iska silver-tin project in the country’s Potosi department, where silver has been mined since the 16th century and production surpassed an estimated 2.1 billion oz. silver. The company can earn a 99% interest in the Iska Iska project, and the exploration work is fully permitted.

Iska Iska hosts a silver-tin porphyry-epithermal complex associated with a caldera that is 1.6 x 1.8 km across and at least 1,000 metres deep. The property has some underground development, from which Eloro is conducting drilling. But most of the current program is taking place from the surface. There are two adits on the property, Huayra Kasa and Santa Barbara. The results that have Eloro accelerating its efforts came in January when the first drill hole in the Santa Barbara breccia pipe intersected 257.5 metres of 129.60 grams silver-equivalent per tonne. The core assayed 29.53 grams silver, 0.08 gram gold, 1.45% zinc, 0.59% lead, 0.08% copper, 0.06% tin, 0.002% indium, 0.006% bismuth, and 0.008% cadmium. The next target was the Central breccia pipe from which channel sampling returned 166 metres of 442 grams silver, including 56.2 metres of 1,092 grams silver. The first drill hole in the pipe returned multiple intercepts, including 56.2 metres of 196 grams silver-equivalent (105.25 grams silver, 0.10% tin and 0.05 gram gold) and 27.5 metres grading 343 grams silverequivalent (274 grams silver, 0.16% tin and 0.16 gram gold). In March, Eloro announced a $12.9 million bought deal financing, which was then upsized to

$21.8 million. That gives the company the funds to accelerate work at Iska Iska. Eloro has a market capitalization of $310 million. n FILO MINING Filo Mining (TSXV: FIL), part of the Lundin Group, is developing the Filo del Sol copper-gold project in the San Juan province of Argentina, close to the border with Chile. Recent drilling has intersected grades including 858 metres of 0.57% copper, 0.39 grams gold per tonne and 11.1 grams silver per tonne; 1,034 metres of 0.42% copper, 0.32 gram gold and 3.4 grams silver; and 858 meters of 0.89% copper, 0.70 gram gold and 1.80 grams silver. The project has proven and probable reserves of 259.1 million tonnes grading 0.39% copper, 0.33 gram gold per tonne and 15.1 grams silver per tonne. Indicated resources are 425.1 million tonnes grading 0.33% copper, 0.32 gram gold and 10.7 grams silver, containing 3.1 billion lb. copper, 4.4 million oz. gold, and 146.7 million oz. silver. Inferred resources total 175.1 million tonnes at 0.27% cop-

See SOUTH AMERICA SNAPSHOT / 12

MINING AND EXPLORATION IN SOUTH AMERICA

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THE NORTHERN MINER / JUNE 7–20, 2021

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per, 0.33 gram gold, and 6.2 grams silver, or 1.1 billion lb. contained copper, 1.8 million oz. gold and 34.8 million oz. silver. A prefeasibility study released in January 2019 outlined an open pit and heap leaching project. Using metal prices of US$3 per lb. copper, US$1,300 per oz. gold and US$20 per oz. silver, Filo del Sol has a mine life, including stripping, of 14 years, and initial capex of US$1.27 billion, plus US$217 million for sustaining capital and US$51 million for closure costs. According to the study, the proposed mine would deliver an after-tax net present value of $1.28 billion, after-tax internal rate of return of 23%, and a payback of 3.4 years. Average annual production would be 67,000 tonnes copper, 159,000 oz. gold and 8.6 million oz. silver at cash costs of US$1.23 per lb. copper-equivalent. In the first half of 2021, Filo has already discovered two new zones of mineralization. In April it reported a new oxide gold discovery 1,500 metres north of the Filo del Sol deposit. The silver zone was also extended to the north, making the total length 2,050 metres. And in May, the company reported the discovery of a significant new zone of high-grade copper-gold-silver mineralization. Filo has a market cap of $1 billion. n GRAN COLOMBIA GOLD In 2010 Gran Colombia Gold (TSX: GCM; US-OTC: TPRFF) took over the high-grade Segovia gold operations in the region of Antioquia, Colombia. These mines have been in continuous operation for over 150 years, producing an estimated 5 million oz. gold during that time. At an average grade of 14.5 grams gold per tonne, the Segovia mines rate as some of the world’s richest. The Segovia operation includes the El Silencio, Providencia and Sandra K underground mines and the Maria Dama processing plant. Along with the Carla project, the measured and indicated resources are 4.0 million tonnes grading 11.2 grams gold per tonne containing 1.4 million ounces. The inferred resource is 3.7 million tonnes at 10.3 grams gold and containing 1.2 million ounces. Gran Colombia mines on only three of 27 known veins on the property, so drilling continues at Segovia. The opportunities are plentiful both for greenfield and

Above: Aldebaran’s Altar copper-gold project in Argentina. ALDEBARAN RESOURCES Left: Trenching at Altamira Gold’s Cajueiro project. ALTAMIRA GOLD

brownfield discoveries, the company says. The Maria Dama plant has a throughput of 1,500 tonnes per day and expansion to 2,000 tonnes

per day is possible. The flowsheet includes crushing, grinding, gravity concentration, gold flotation, cyanidation of the float concentrate, Merrill-Crowe precipitation

followed by refining to produce doré bars. An interesting facet of mining at Segovia is Gran Colombia’s support of artisanal miners on its property. Over 50 third-parties have been given permission to mine designated areas, and the company pays for recovered gold at a fixed price. Gran Colombia provides health and safety training for these miners and processes their output. Segovia production is predicted to rise to between 200,000 and 220,000 oz. gold in 2021, up from 196,362 oz. last year. Gran Colombia’s executives have set out to create a mid-tier Latin American gold producer with the acquisition of Gold X. The company currently holds 18% of Gold X shares, but has offered to acquire the remainder in an all-share deal. Chief among the assets of Gold X is the Toroparu exploration gold project in Guyana. A 2013 preliminary economic assessment outlined a 24-year mine life with production of 1.5 million oz. gold in doré during the first 10 years of operation. The acquisition is expected to close in late May or early June. Gran Colombia has a market cap of $316.4 million.

ALDEBARAN R E S O U R C E S

n LUMINEX RESOURCES Luminex Resources (TSXV: LR; US-OTC: LUMIF) is moving its Condor gold-copper project in Ecuador toward a preliminary economic assessment. The 90%owned project is located in Zamora Chinchipe state, 30 km south of Lundin Gold’s (TSX: LUG) Fruta Del Norte gold mine. Luminex was a spin-out of Lumina Gold (TSXV: LUM) and created in 2018 to hold the Condor property. Previous owners spent US$40 million on exploration from 1993 to 2016, and they located five deposits. The Condor project has indicated resources of 72.1 million tonnes grading 0.67 gram gold per tonne and 4.2 grams silver per tonne for 1.2 million oz. of contained gold and 9.7 million oz. silver. The inferred portion is 169.6 million tonnes grading 0.66 gram gold and 2.9 grams silver, containing 3.6 million oz. gold and 16.0 million oz. silver. The company expects to release a PEA on the project in June that will include four deposits — an underground operation at Camp and open pits at Cuyes, Soledad and Enma. A 25,000 tonne-per-day plant is planned. In the future, the Prometedor and Santa Barbara deposits could be incorporated into the mining plan. Luminex has two earn-in agreements on nearby properties. Anglo American (LSE: AAL) can earn a 60% interest in the Pegasus A and B properties by investing $50 million from 2018 to 2024. The other earn-in is with BHP (NYSE: BHP; LSE: BHP; ASX: BHP) for the Tarqui property. BHP can earn a 60% stake in the project by spending US$35 million between 2019 and 2025. Luminex has a market cap of $1.7 billion. n SIERRA METALS With three operating underground mines in two countries, Sierra Metals (TSX: SMT; NYSE-AM: SMTS) still maintains an active exploration program. All three mines are on track to increase production and decrease costs this year, compared to 2020. The company derives about 60% of its revenue from its 100%-owned flagship Yauricocha copper-zinc mine in Peru. The mine has been in continuous operation since 1948. Last year it produced 75.1 million

See SOUTH AMERICA SNAPSHOT / 13

MINING AND EXPLORATION IN SOUTH AMERICA

GLOBAL MINING NEWS

THE NORTHERN MINER / JUNE 7–20, 2021

Above: Copper sulphate mineralization at the Filo del Sol project, which straddles the border of Argentina and Chile. FILO MINING Left: Inside the core facility at Luminex Resources’ Condor gold-copper project in Ecuador. LUMINEX RESOURCES

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Above: Cerrado Gold’s Don Nicolás project in Argentina.

SOUTH AMERICA SNAPSHOT From 12

lb. copper-equivalent at an all-in sustaining cost of US$2.11 per lb. copper-equivalent sold. The property has measured and indicated resources (including reserves) of 15.9 million tonnes grading 1.18% copper, 2.22% zinc, 0.62% lead, 44 grams silver per tonne, and 0.53 gram gold per tonne. The inferred resource measures 11.6 million tonnes at 1.40% copper, 0.95% zinc, 0.31% lead, 27.5 grams silver, and 0.45 gram gold. In Mexico, its 100%-owned Bolivar underground coppergold mine produced 35.8 million lb. copper-equivalent in 2020 and contributed 33% to Sierra’s revenues. The all-in sustaining cost was US$1.88 per lb. copper-equivalent sold. Measured and indicated resources (including reserves) stand at 19.4 million tonnes grading 0.21 gram gold, 0.77% copper and 15.1 grams silver. The inferred resource is 21.4 million tonnes at 0.21 gram gold, 0.78% copper and 14.2 grams

CERRADO GOLD

silver. New discoveries at Bolivar offer opportunity to expand production. The Bolivar West Extension has an average in situ grade of 2.09% copper-equivalent with an average true width of 8.2 metres. The Bolivar West zone has an in situ grade of 2.55% copper-equivalent with an average true width of 9.1 metres. Ramps are under development to Bolivar Northwest and Cineguita so that these zones can be mined in the future. Sierra Metals also owns 82% of the underground Cusi silver mine in Mexico. It contributed only 7% to the company’s revenues last year, but growth is planned. This operation produced 998,000 oz. silver-equivalent in 2020 at AISCs of US$25.26 per oz. silver-equivalent sold. It has measured and indicated resources of 5.4 million tonnes grading 182 grams silver, 0.49% lead, 0.58% zinc, and 0.12 gram gold. The inferred portion is 4.9 million tonnes at 146.0 grams silver, 0.43% lead, 0.69% zinc, and 0.18 gram gold. The high-grade sil-

ver vein system recently discovered during development work in the mine has the company thinking of expansion. A preliminary economic assessment was released for Cusi in November 2020. It examined boosting the current 1,000 tonneper- day mining and milling rate to at least 1,200 tonnes per day. The mill flowsheet is conventional, including crushing, grinding, flotation, dewatering of final concentrate, and a tailings management facility (TMF). The capital cost of expansion includes US$46.6 million for mine development and US$17.6 million for TMF improvements. Sustaining costs would total US$45.6 million through 2035. The base case predicts a 16-year mine that would have an after-tax net profit value (at a 5% discount rate) of $64 million. The PEA also examined the possibility of expansion to 2,400, 3,000 and 3,500 tonnes per day. Sierra Metals has a market cap of $672 million. TNM

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JUNE 7–20, 2021 / THE NORTHERN MINER

JOINT VENTURE ARTICLE Stephen Stewart, CEO of Orefinders Resources and chairman of Mistango River Resources, at the entrance to Mistango’s Kirkland West project in Ontario. MISTANGO RIVER RESOURCES

Kirkland Lake Gold partnership could lead to world-class discoveries BY NORTHERN MINER STAFF

A new strategic partnership and equity investment by Kirkland Lake Gold (TSX: KL; NYSE: KL; ASX: KLA) into Orefinders Resources (ORX: TSXV) and Mistango River Resources (CSE: MIS) will allow the two Canadian juniors to “unlock the full potential of their assets,” says Stephen Stewart, CEO of Orefinders and chairman of Mistango. Under the proposed partnership agreement, Kirkland Lake Gold has acquired a 9.9% stake in each of the juniors. Additionally, Kirkland Lake will also have the option to acquire up to a 75% interest in specific projects under the companies’ portfolio of assets in exchange for a total combined $120 million investment. This is the second highprofile investment that Orefinders and Mistango have received in the last year as billionaire investor, and former chairman of Kirkland Lake Gold, Eric Sprott has made four separate investments into the two companies over that period. Kirkland Lake Gold’s financial and technical support will allow both companies to advance key projects in the Kirkland Lake district of Ontario, said Stewart. “We are excited to partner with a top-tier operator like Kirkland Lake Gold, particularly as they are our immediate neighbours in the region.”

Antoine Schwartzmann, geology manager for Orefinders Resources and Mistango River Resources, checking core samples.

The partnership, he continued, will help de-risk the companies and “provide us with more kicks at the can to make that billion-dollar hole discovery.” “It also gives us great optionality with the combined treasuries of the two companies at over $15 million in cash and well over $20 million in working capital. With Kirkland Lake Gold using their capital to fund our exploration, this means our companies’ treasuries can be used for creative and accretive deployment as our group has done over the past

number of years.” The deal, he added, is also excellent for the shareholders of Orefinders and Mistango, “who will sleep better knowing” that a firstclass operator like Kirkland Lake Gold is on board. Orefinders and Mistango are part of the Ore Group of junior mining companies, which also includes American Eagle Gold (TSXV: AE), QC Copper and Gold (TSXV: QCCU; US-OTC: QCCUF), Baselode Energy (TSXV: FIND; US-OTC: BSENF), and soon to be TSX Venture-listed D

Block Discoveries. Chaired by Stewart, the group is a Canadianbased natural resource discovery and development organisation that has a track record of acquiring assets that generate value for their participating companies and their shareholders. “Ore Group was formed to bring motivated people, assets, and capital together to make discoveries that generate value for our shareholders,” explained Stewart. “We acquire companies or projects, then build a team around those assets and finance them.”

He noted that before gaining control of Mistango in late 2019, Orefinders had a long and drawn-out proxy battle with Mistango’s previous management, which was targeted because the company had “a lot of similarities with Orefinders in terms of assets and jurisdiction, but its management team was not performing.” The long-term partnership with Kirkland Lake Gold will provide significant capital for the companies, which Stewart noted will all go into the ground to advance the projects quickly. “Kirkland Lake has an exceptional balance sheet and has one of the lowest operating cost profiles in the industry, and like all miners they are looking for growth. I believe it is this growth and optionality which drove their investment in Orefinders and Mistango,” said Stewart, who has over 20 years of experience in the mining industry and is also chairman of the Young Mining Professionals Global Group and founder of its scholarship fund, the largest miningfocused charitable organization that supports mining engineering and geology education in Canada. With master’s degrees in finance and science, he describes himself as a “financial engineer” focused on capital allocation. Kirkland Lake Gold already

GLOBAL MINING NEWS

THE NORTHERN MINER / JUNE 7–20, 2021

“We are excited to partner with a top-tier operator like Kirkland Lake Gold, particularly as they are our immediate neighbours in the region.” STEPHEN STEWART, CEO OF OREFINDERS AND CHAIRMAN OF MISTANGO

operates two world-class assets in Ontario, including its flagship Macassa underground mine and the Detour Lake gold mine with a mine life spanning multiple decades. The projects covered by the partnership agreement, Stewart said, offer Kirkland Lake Gold gamechanging assets within one of the most prolific gold-bearing districts in the world. “Between Orefinders and Mistango, we have the third-largest land position in the district, just behind Angico Eagle and, of course, Kirkland Lake Gold.” The partnership, he added, is a testament to the quality of the assets and management teams of Orefinders and Mistango and provides comfort to current and potential future shareholders of the companies that the assets are in “excellent hands.” The investment by Kirkland Lake not only bolsters the treasury for each company, explained Stewart, but also means that the juniors will not be spending on existing assets, which, he said, frees up capital to explore for other potential opportunities in the region. “Using their technical expertise and knowledge of a region they have operated in for a long time allows us to advance the portfolio of assets and to look for new orebodies to create further value for our shareholders,” he said. Although the exploration program with Kirkland Lake Gold has yet to be finalized, Stewart noted that Orefinders and Mistango have an intimate knowledge of the projects as the project’s operators. “We’ll be driving the car while Kirkland Lake Gold pays for the gas.” The first project to be advanced under the partnership should, he said, be Mistango’s Kirkland Lake West project. The project is contiguous with Kirkland Lake Gold’s Macassa mine and is believed to be a western extension. Macassa contains proven and probable reserves of 3.2 million tonnes grading 21.9 grams gold per tonne for 2.25 million contained gold ounces and is expected to double its gold production with the completion of Macassa #4 shaft in 2022. (In 2020, Macassa produced 183,038 ounces of gold.) The prospect of proving that Kirkland Lake West is a continuation of Macassa is just “too tempting,” and aside from Mistango’s shareholders, nobody would benefit more than Kirkland Lake Gold, Stewart said. “So, we’re eager to re-start drilling on the project, as we believe it offers the biggest bang for our buck and would be extraordinarily valuable for our shareholders. It also offers the best odds of finding that billion-dollar drill hole.” The project is also adjacent to Agnico Eagle Mines’ (TSX: AEM; NYSE: AEM) landholdings in the area, which hosts over 4.6 million gold ounces. It is bound to the south by the Kirkland Lake mining camp and to the east by Gold Candle Ltd.’s pastproducing Kerr Addison mine, which produced more than 12 million ounces of gold over a 58-year mine life before closing in 1996, and has recently been redefined as a sixmillion-gold-ounce open pit resource.

The 4,300-hectare Kirkland West property comprises the Baldwin and Eby zones and hosts the pastproducing Baldwin mine, which between 1929 and 1938 produced 43,000 ounces of gold from 81 milled tonnes at a recovered grade of 18.6 grams per tonne. In November, Mistango began a 10,000-metre diamond drill program focused on the Baldwin zone. The company has completed 18 drill holes totalling 7,014 metres to date, with nine of the 18 holes targeting structures proximal to and along strike of the Baldwin mine within the Larder-Cadillac Fault Zone. However, drilling on Kirkland West was paused on April 30 due to exceedingly difficult ground conditions arising from an early spring thaw. Mistango is awaiting results from over 30% of the assays from its winter drill program on the property. For Orefinders’ projects, Stewart felt McGarry should take priority. The 681-hectare McGarry property, on 2.4 km of the Cadillac Larder-Lake Break, was put into operation by the previous owners following a 2013 preliminary economic assessment (PEA) and has infrastructure in place, including a shaft, hoist, offices, and core shack. The property is immediately west of and adjacent to the Kerr-Addison mine, with Gatling Exploration’s (TSXV: GTR; US-OTC: GATGF) Cheminis mine and Bear Lake deposits also lying to the west. McGarry has a historical resource estimate consisting of 447,000 indicated tonnes grading 7.89 grams gold per tonne for 112,000 contained ounces and 157,000 inferred tonnes grading 5.83 grams gold for 29,000 ounces. The property hosts the BarberLarder deposit, which was mined as an open-pit operation between 1987 and 1988, and numerous gold mineralized zones offering several potential exploration targets. Orefinders recently completed an extensive, property-wide Induced Polarisation and ground-based Magnetotellurics (MT) survey of McGarry, said Stewart. “The MT survey allowed us to look deep underground, which has never been done before, and was very surprising to us given its proximity to a world-

Above (L-R): Keith Benn, vice president of exploration at Orefinders and Mistango; Laurisha Beaudry, geologist; Charles Beaudry, director; Stephen Stewart, CEO, and Antoinne Schwartzmann, geology manager, at Kirkland West. Left: Keith Benn, vice president of exploration at Orefinders and Mistango (Front Right), at Kirkland West.

class mine. So, that’s where my vote is going to go for where the next drill program for Orefinders should start.” The next project for exploration, he added, should be Mistango’s Omega project, about 30 km east of Kirkland Lake and adjacent to McGarry and the Kerr Addison mine. Omega hosts two historical production shafts that produced approximately 217,000 gold ounces at 5.41 grams gold per tonne between 1926-1928 and 1936-1947. Drilling on Omega, Stewart said, would focus on expanding resources, which currently stand at 4.92 million indicated tonnes grading 1.39 grams gold per tonne for 219,808 contained gold ounces and inferred resources of 4.69 million tonnes of 2.43 grams gold for 365,400 gold ounces. “Between our assets and those of the majors Kirkland Lake Gold and Agnico, the Kirkland Lake district has the potential to re-emerge as a world-class mining camp,” he said. The remaining projects include Orefinders’ Knight and Mirado. The Knight property, 110 km southwest of the Kirkland LakeLarder Lake camp, hosts several targets, all within a kilometre or two of each other. The mineralization at

Knight is consistent with a mineralized porphyry system that has the potential of developing into a large, open-pittable deposit. An 11,000-metre drill program was recently completed on the project. Highlights included drillholes TYR20005, which intersected 5.25 metres grading 11.5 grams gold per tonne starting from 325.5 metres, including 2 metres of 23.2 grams gold, and TYR20-004, which returned 3.6 metres of 15.6 grams gold from 604.4 metres. The Mirado project, about 35 km southeast of Kirkland Lake, is a pastproducing underground mine and is interpreted as a gold-rich VMS system with a gold-rich stringer footwall at the South zone overlain by a zinc and gold-rich embedded hanging wall at the North zone. In 2018, a PEA for Mirado envisioned an open-pit mine in Mirado’s South zone with a capex of $2.4 million, an after-tax internal rate of return of 158%, and a net present value of $20.5 million using a 5% discount rate. Orefinders’ management team recently met Kirkland Lake Gold to discuss the proposed work plan under the partnership.

Under earn-in option agreements, Kirkland Lake Gold will have the option to acquire up to an undivided 50% interest in Orefinder’s Mirado, McGarry, and Knight and Mistango’s Kirkland West and Omega projects over five years, and is contingent on Kirkland Lake spending a total of $20 million in the ground. During this period, Orefinders and Mistango will continue to operate their respective projects. Upon successful completion of the option agreements, a joint venture will be formed between Kirkland Lake Gold and Orefinders and Kirkland Lake Gold and Mistango. Additionally, Kirkland Lake Gold will have the option to acquire an additional 25% interest in the projects by spending a further $100 million on exploration within five years of forming the joint venture. At that time, Kirkland Lake will take over as operator of the projects. Separate and distinct private placements by Kirkland Lake Gold in the companies were also agreed. In the first, Orefinders has issued Kirkland Lake with 2.44 million common shares of the company at 10¢ per share for gross proceeds of $2.4 million. In the second, Mistango has issued Kirkland Lake Gold with 14.3 million shares of the company at 15¢ per share totalling $2.15 million. “Although we haven’t yet finalized our plans on how and where the $120 million invested by Kirkland Lake Gold will be spent, we expect to release the exploration program soon,” said Stewart. The preceding Joint Venture article is PROMOTED CONTENT sponsored by Orefinders Resources and Mistango River Resources and produced in cooperation with The Northern Miner. Visit orefinders. ca and mistango.com for more information.

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JUNE 7–20, 2021 / THE NORTHERN MINER

SQM shuns fears of higher taxes in Chile and fast-tracks expansions LITHIUM |

Company targets 180,000 tonnes of lithium carbonate by the end of 2022

Mining personnel at an SQM lithium brine site in Chile’s Atacama desert.

BY CECILIA JAMASMIE

QM (NYSE: SQM), the world’s No. 2 producer of lithium, doesn’t seem worried about potential higher taxes for miners in copper powerhouse Chile, as it is pushing ahead with planned expansion plans in the nation, also a world’s top producer of the battery metal. As the market is growing faster than expected, the company said it will fast-track existing expansion plans in Chile’s lithium-rich Atacama salt flat. SQM’s new target in Chile is to reach 180,000 tonnes of lithium carbonate and 30,000 tonnes of lithium hydroxide annually by the end of 2022. The Santiago-based company also plans to develop a 50,000-tonne per year lithium hydroxide joint-venture project in Australia as demand for the electric vehicle battery metal soars. “We saw strong demand growth for electric vehicles during the first quarter, more than double compared to last year, making us believe that annual demand for lithium chemicals could grow more than 30%,” CEO

PERU From 7

eigners and residents, she notes. But designing, debating, and approving a new constitution would likely take several years. Expropriating foreign-owned mines would be even more fraught, given the divisions in Congress, says Navas. Mining executives hope that Castillo will moderate even further once in office, following the example of Ollanta Humala who reached an agreement with the mining industry over higher taxes soon after taking office in 2011. “Leftist presidents elected in the past have realized quickly how important mining is to the economy,” points out Graham Carman, CEO of Tinka Resources (TSXV: TK; US-OTC: TKRFF), which is advancing one of Peru’s largest undeveloped zinc deposits. Peru’s National Mining, Energy and Oil Association refused to comment for this article. But the greater danger with whoever wins the vote may not be what they can do, but what they can´t. Relations between the 130-seat

SQM

Ricardo Ramos said in the company’s first-quarter earnings statement. Soaring demand for lithium is fueling prices for the commodity. MINING.COM’s EV Metal Index shows the metal use was up 12% in March, when compared to the same month last year, while total material deployed was up an impressive 94% month on month. Lithium prices continued to recover, topping US$10,000 in March for the first time since August 2019, and SQM said it expects prices to keep climbing through the end of the year. The Chilean company said its lithium sales volumes in the first quarter jumped 180% year-on-year due to rising demand from the electric vehicle (EV) industry. The miner expects that demand growth will boost its sales of lithium carbonate equivalent to more than 85,000 tonnes this year, compared to a 30% increase in 2020. SQM’s shares are down 14% since the beginning of the year, but the stock has climbed more than 76% in the last 12 months, leaving the miner with a market cap of US$12.2 billion. TNM

legislature and the executive are likely to remain strained and neither Castillo’s Peru Libre (37 seats) or Fujimori’s Fuerza Popular (24 seats) have anything close to a majority necessary to push through a government program. Instead, the government may exhaust itself seeking to build alliances or cede control of the legislative agenda to populist lawmakers. And having turfed out two of the last four presidents, Congress may be tempted to do so again, especially given the corruption charges already being levelled against both candidates before they have even taken office. Castillo is accused of links to the Shining Path terrorist organization. Fujimori, who has already spent in time in jail while she was investigated over money-laundering charges, also faces criticism over her support for her father Alberto, a former president now jailed over human rights abuses. “We think whoever wins will find it very hard to finish their mandate because of the gridlock in the legislature,” says Navas of ControlRisks. TNM

Employees in discussion at Goldsource’s Eagle Mountain gold mine.

GUYANA From 7

in 252.6 million tonnes grading 0.91 grams gold. The project lies in Gold X’s 532.8-sq.-km Upper Puruni concession. Goldsource’s recent resource update consolidated the consistent exploration effort over the past several years. It includes the Eagle Mountain and Salbora deposits, which feature gold mineralisation starting at surface in saprolite (soft rock) and extends into the underlying fresh rock. The saprolite is estimated to contain 42% of the gold in indicated resources and 16% gold in inferred resources. The resource estimate employed cut-off grades of 0.3 grams per tonne gold for the saprolite and 0.5 grams per tonne for the fresh rock, held within a conceptual open pit. Gold in surface saprolite and the shallow sub-horizontal zones of the Eagle Mountain deposit results in a low average strip ratio. The strip ratio of the saprolite is estimated to be below 1:1, notes Parsons. The updated resource was defined by a total of 674 core holes for 57,550 metres drilled and 158 auger drill holes for 532 metres drilled, which includes infill and exploration drilling up to November 6, 2020. Compared against the 2014 preliminary economic assessment (PEA), the updated resource delivers a 349% increase in gold in indicated resources and a 9% increase in gold held in inferred resources. Parsons says additional infill and expansion drilling since the 2014 PEA contributed to the significant increase in indicated resources while discovering the Salbora deposit and extensions to the Eagle

IOANNIS (YANNIS) TSITOS, GOLDSOURCE MINES

Mountain deposit with the Friendly and No. 1 Hill areas being added to mineral resources. The company is planning a second resource update in the second half of 2021. This will incorporate expansionary and infill drilling results at the Eagle Mountain deposit, including the Baboon and Ounce Hill areas, and exploration drilling along the prospective Salbora-Powis trend targeting Salbora-style mineralisation. “We’ve known that Eagle Mountain will be scalable all along, but now we have confirmed that critical mass of mineralisation we needed to plan for the next phase,” says the company’s president, Ioannis Tsitos. Since 2019, the company’s objective has been to expand and upgrade mineral resources at the Eagle Mountain project, targeting an interim mineral resource of between 1.3 million and 1.6 million ounces, with a grade greater than 1.0 grams per tonne gold hosted in shallow open pits. The exploration program over this period included more than 30,000 metres of drilling. With the significant milestone in hand, there is no time to rest in the higher gold price environment, says Parsons. The company is already hard at work to achieve the five main objectives for the 2021 drill programme. This includes prioritising exploration drilling at several new target areas along with the Salbora‐Powis trend, such as the Toucan, Powis, Ann and Montgomery prospects where the potential exists for Salbora‐style mineralisation. Objectives also include testing for new lateral extensions of the dip slope sub‐horizontal zones

of the Eagle Mountain deposit, including Baboon, No.1 Hill and Ounce Hill, and to the north, west and southwest currently outside of the 2021 resource estimate; conduct further infill drilling of the 2021 resource to upgrade as much of the inferred resource to the measured and indicated categories; compile 2021 data; and pursue potential geological, geophysical and other geoscientific studies and analyses that will assist the company in prioritising target areas near the company’s prospecting licence. Parsons says the upcoming resource estimate will be used as a basis for a prefeasibility study on a low cost large‐scale, 4,000 to 5,000 tonnes per day open pit gold mining operation. The company has recently closed an over-subscribed private placement of 115 million units at 11c each for $12.65 million to fund the work. The units comprised one Goldsource share and one-half a share purchase warrant exercisable at 14c per share until May 20, 2023. “We will evaluate opportunities for a phased development plan, specifically with initial and baseline production provided by soft‐rock saprolite material followed by an expansion to incorporate the fresh rock mineralisation. The PFS is expected to be delivered in 2022,” Parsons says. Three drill rigs are currently operating at the Eagle Mountain gold project. The company plans to complete 16,500 metres of drilling in 2021, of which 8,728 metres have been drilled, with about 40% to 50% of the budgeted metres earmarked for infill drilling of the February 2021 resource. TNM

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M A R K E T N EWS TORONTO STOCK EXCHANGE / MAY 24 – 28 The S&P/TSX Composite Index rose 1.66% to 19,852.18 during the holiday-shortened May 24-28 trading week. The S&P/TSX Global Mining Index grew 1.58% to 114.11, and the S&P/ TSX Global Base Metals Index surged 4.04% to 175.51. Spot gold increased by US$22.80 per oz., or 1.21%, to US$1,903.50 per oz., and the S&P/TSX Global Gold Index fell 0.25% to 332.35. Ivanhoe Mines was the second most actively traded stock, rising 27¢ to $8.88 per share. The company announced that copper concentrate production started on May 25 at the Phase 1, 3.8 million tonne-per-year Kamoa-Kakula mine — several months ahead of schedule. Ivanhoe and partner Zijin Mining said first ore was introduced into the concentrator plant on May 20 to perform initial hot commissioning tests on the ball mills and other processing equipment. “Discovering and delivering a copper province of this scale, grade and outstanding ESG credentials, ahead of schedule and on budget, is a unicorn in the copper mining business,” Robert Friedland, Ivanhoe’s co-chairman, said in a press release. “Although this exploration journey started well over two decades ago, it also is noteworthy that the Kakula deposit itself was discovered a little over five years ago, which is remark-

able progress by the mining industry’s glacial standards from first drill hole to a new major mining operation.” The start of production puts the company “on the path to establish Kamoa-Kakula as the second largest, and perhaps eventually the largest, copper mining complex in the world,” he noted. Lithium Americas climbed $2.39 to $18.49 per share. The company and joint venture partner Ganfeng Lithium have approved a second-stage expansion at the Cauchari-Olaroz lithium project in Argentina’s Jujuy province. In phase 1, the project has an annual production capacity of 40,000 tonnes of lithium carbonate equivalent over a mine life of 40 years, and the stage two expansion will add a further 20,000 tonnes of LCE per year, starting in 2025. ConTSX MOST ACTIVE ISSUES VOLUME (000s) HIGH

Suncor Energy Ivanhoe Mines Barrick Gold Denison Mines Capstone Mng B2Gold Corp Kinross Gold SSR Mining Lundin Mng Yamana Gold

SU IVN ABX DML CS BTO K SSRM LUN YRI

58695 58681 39666 27281 22861 22055 20031 18095 16010 13720

28.42 9.49 30.20 1.62 5.72 6.40 9.94 22.88 13.50 6.34

WEEK LOW CLOSE CHANGE

27.76 8.49 28.24 1.35 5.19 6.08 9.54 21.73 12.59 6.16

27.90 8.88 29.11 1.51 5.56 6.18 9.79 22.39 12.97 6.33

+ + + + + +

0.01 0.27 0.68 0.09 0.17 0.19 0.10 0.04 0.15 0.06

struction of the first phase is underway and production is expected in mid-2022. Wesdome Gold Mines fell 51¢ to $11.14 per share. The company announced results of a prefeasibility study of its Kiena complex in Quebec, and has made a decision to restart the operation with initial production as early as the third quarter of this year. (Kiena produced 12.5 million tonnes at 4.5 grams gold per tonne for 1.75 million oz. gold between

1981 and 2013, and has been on care and maintenance since then.) The PFS outlined a mine life of seven years based on indicated resources as of October 2020, with average annual production of 84,000 oz. of gold (with peak production over 115,000 ounces in 2025), at all-in sustaining costs of US$676 per ounce. Production activities will use existing mine infrastructure such as a 930-metre shaft and existing 2,000 tonne-per-day mill. TNM TSX GREATEST VALUE CHANGE

TSX GREATEST PERCENTAGE CHANGE VOLUME (000s) HIGH

Titan Mining Western Copper SolGold plc Skeena Res Century Global Avalon Advance Lithium Amer Goldgroup Mng Star Diamond Xtra-Gold Res Silver Eleph Great Panther Silver Bear Rs Orea Mining Victoria Gold Loncor Res Dynacor Gld Mn Xanadu Mines Perpetua Res Centamin

TI WRN SOLG SKE CNT AVL LAC GGA DIAM XTG ELEF GPR SBR OREA VGCX LN DNG XAM PPTA CEE

VOLUME (000s)

WEEK LOW CLOSE CHANGE

258 0.68 0.42 4422 3.35 2.37 220 0.58 0.49 4181 3.95 3.30 39 0.30 0.00 1737 0.19 0.16 3132 18.85 16.05 25 0.04 0.00 2809 0.30 0.24 73 1.38 1.13 3986 0.38 0.30 2642 1.04 0.83 601 0.15 0.13 2364 0.10 0.09 2138 19.20 16.94 171 0.88 0.78 384 2.98 2.41 392 0.06 0.06 71 10.58 9.17 253 2.10 1.87

0.59 3.14 0.58 3.90 0.30 0.19 18.49 0.04 0.28 1.37 0.31 0.88 0.14 0.09 16.94 0.80 2.58 0.06 9.30 1.89

+ + + + + + + + + + -

37.2 27.6 18.4 16.4 15.7 15.6 14.8 14.3 14.3 14.2 13.9 13.7 10.0 10.0 9.3 9.1 8.5 8.3 8.1 7.4

Teck Res Nutrien First Quantum Lithium Amer Teck Res MAG Silver Labrador IOR Largo Res Turquoise HIl Gatos Silver Victoria Gold Perpetua Res Newcrest Mg Barrick Gold Wesdome Gold Torex Gold Aura Minerals Maverix Metals Lundin Gold Champion Iron

TECK.A NTR FM LAC TECK.B MAG LIF LGO TRQ GATO VGCX PPTA NCM ABX WDO TXG ORA MMX LUG CIA

19 5997 10694 3132 12911 947 1235 884 1796 137 2138 71 2 39666 3414 1524 164 401 1570 2352

WEEK CLOSE

40.90 75.13 30.05 18.49 29.80 25.91 44.38 17.68 21.57 20.62 16.94 9.30 26.25 29.11 11.14 17.63 15.28 6.90 11.97 6.10

CHANGE

+ + + + + + + + + + -

3.15 2.77 2.71 2.39 1.93 1.75 1.71 1.69 1.29 1.12 1.73 0.82 0.75 0.68 0.51 0.46 0.42 0.40 0.38 0.36

TSX VENTURE EXCHANGE / MAY 24 – 28 The S&P/TSX Venture Composite Index rose 0.95% to finish the trading week at 966.28. Spot gold increased by US$22.80 per oz., or 1.21%, to US$1,903.50 per ounce. Labrador Gold rose 2¢ to $1.12 per share. The company raised $15 million in a non-brokered private placement of 16.7 million working capital units at a price of $0.90 each. New Found Gold acquired two-thirds of the units, and Eric Sprott one-third. A single unit consists of one common share and one-half share purchase warrant. Each full warrant is exercisable to acquire a common share of Labrador Gold at $1.05 until May 18, 2023. Labrador Gold will use the funds primarily to explore its Kingsway gold project in Newfoundland and Labrador, 18 km northwest of Gander. Shares of Nexus Gold increased by 1¢ to 7¢. The company reported initial assays from its Phase 2 drill program at its 100%-owned McKenzie gold project in Ontario, about 20 km northwest of Red Lake. Completed in April, the drilling was a follow-up program designed to test and expand on the results from Nexus’ drill program last summer in the St. Paul’s Bay area of the property. Highlights included drillholes MK-21-019, which

intersected 136 metres grading 1.25 grams gold per tonne from 148.5 metres, including 44.9 metres of 3 grams gold; and MK-21-017, which returned 6.2 metres grading 1.35 grams gold from 274 metres. The drill program in the St. Paul’s Bay area has outlined a broad zone of mineralization about 200 meters long and 40 meters wide, which the company says appears to be striking to the northwest and dipping to the east. It remains open to the northwest and to depth. Vizsla Silver fell 20¢ to $2.45 per share. The company announced a $60 million bought deal financing with a syndicate of underwriters led by Canaccord Genuity. The underwriters have TSX-V MOST ACTIVE ISSUES VOLUME (000s) HIGH

King Global Nexus Gold Sego Res Leeta Gold Emerita Res NuLegacy Gold Labrador Gold Alphamin Res Quadro Res Azincourt Ener

KING NXS SGZ HIVE EMO NUG LAB AFM QRO AAZ

22069 15986 15278 14968 11147 10992 9901 9533 8608 6923

0.12 0.08 0.16 3.39 1.00 0.14 1.32 0.80 0.14 0.08

WEEK LOW CLOSE CHANGE

0.06 0.06 0.05 2.76 0.70 0.11 0.94 0.68 0.09 0.07

0.09 + 0.07 + 0.12 + 3.04 + 0.80 + 0.12 1.12 + 0.77 + 0.13 + 0.07unch

0.04 0.01 0.07 0.20 0.10 0.02 0.02 0.04 0.04 0.00

offering to cover over-allotments. The proceeds will be used to advance exploration and development of its Panuco project in Mexico’s Sinaloa state; make option payments; and for strategic opportunities. Vizsla is drilling along four separate vein corridors at Panuco. It has an option to acquire 100% of the project. TNM

agreed to purchase 24 million units at $2.50 each. Each unit consists of one common share and one-half of one common share purchase warrant and each warrant can be exercised at a price of $3.25 for 18 months. The underwriters also have the option to purchase up to an additional 15% of the units sold under the

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

Sego Res Uravan Mnrls Green Valley M Trans Canada Tisdale Res King Global Tres-Or Res Full Metal Mnl District Mines Pantera Silver Intl Millm Mng Tymbal Res Le Mare Gold Norse Gold Pac Booker Min Amseco Expl Nevada Expl Typhoon Expl San Lorenzo Taranis Res

SGZ UVN SCT TTG TRC KING TRS FMM DIG.H PNTR IMI TYMB LMGC VKG.H BKM AEL.H NGE TYP SLG TRO

15278 1009 52 109 16 22069 503 189 22 351 2531 1468 355 286 138 388 2553 1108 586 235

0.16 0.06 0.78 0.25 1.25 0.12 0.16 0.43 0.33 0.28 0.03 0.02 0.13 0.13 3.75 0.12 0.18 0.07 0.24 0.14

TSX-V GREATEST VALUE CHANGE

WEEK LOW CLOSE CHANGE

0.05 0.04 0.00 0.12 0.00 0.06 0.09 0.27 0.21 0.18 0.02 0.01 0.09 0.10 1.75 0.08 0.14 0.05 0.17 0.00

0.12 0.06 0.77 0.21 1.25 0.09 0.16 0.43 0.33 0.28 0.02 0.01 0.09 0.10 2.75 0.08 0.14 0.05 0.19 0.11

+ 155.6 + 71.4 + 71.1 + 68.0 + 64.5 + 63.6 + 63.2 + 62.3 + 61.0 + 55.6 - 40.0 - 33.3 - 28.0 - 26.9 - 26.7 - 25.0 - 25.0 - 23.1 - 22.9 - 21.4

VOLUME (000s)

Great Bear Res New Found Gold Metalore Res Cornerstone Ca Tisdale Res ZEN Graphene Abitibi Royal Foran Mining Green Valley M Andean Prec Nouveau Monde Pac Booker Min St. James Gold Tanqueray Expl Los Andes Filo Mg Corp Eloro Res Uranium Roylty Golden Secret Vizsla Silver

GBR NFG MET CGP TRC ZEN RZZ FOM SCT APM NOU BKM LORD IPA LA FIL ELO URC TBRD VZLA

612 2365 5 154 16 638 2 5275 52 3445 495 138 135 84 11 1620 925 1102 537 3623

WEEK CLOSE

16.81 11.43 3.22 4.37 1.25 2.48 23.95 2.48 0.77 1.65 15.43 2.75 3.70 9.52 7.45 9.26 4.81 3.49 4.60 2.45

CHANGE

+ + + + + + + + + + -

2.16 0.57 0.56 0.51 0.49 0.42 0.40 0.39 0.32 0.32 3.53 1.00 0.88 0.63 0.55 0.47 0.41 0.34 0.30 0.20

U.S. MARKETS / MAY 24 – 28 The Dow Jones Industrial Average rose 0.94% to 34,529.45 and the S&P 500 advanced 1.16% to 4,204.11. Spot gold gained US$22.80 per oz., or 1.21%, to US$1,903.50 per ounce. Nutrien climbed US$2.19 to US$62.15 per share. Canada’s Globe and Mail newspaper reported the company is in talks with BHP Group about a potential US$5 billion joint venture on BHP’s Jansen potash mine in Saskatchewan. The article on May 28 reported that the two companies are discussing multiple options, including Nutrien becoming the operator and selling the potash through its existing channels or taking a stake in the Jansen mine. The company has spent US$4.5 billion and built two 1,000-metre shafts, but has yet to approve the project. BHP’s board is set to make a final decision in the coming months. The world’s largest miner has repeatedly said it’s open to bringing a partner into the project, especially one with expertise in the fertilizer or potash market. While that’s a product it currently doesn’t mine, BHP has said it sees potash as a potential cornerstone of its future business. Shares of Cleveland-Cliffs increased by US$2.06 to US$20.12. The company announced it intends to redeem the entirety of its US$396

million aggregate principal amount of 5.75% senior unsecured guaranteed notes due March 2025. Cleveland-Cliffs said it expects the total payment to holders of the notes, including the redemption premium, to be about US$407 million, plus accrued and unpaid interest to the redemption date, which is expected to be on or before June 30, 2021. The redemption of the notes using available liquidity, nearly four years ahead of their maturity date, “represents the first step in our mission to achieve zero net debt,” Lourenco Goncalves, the company’s president and CEO, said in a news release. “Going forward, deleveraging will remain our top priority.” Rio Tinto rose US$1.78 to US$87.43 per U.S. MOST ACTIVE ISSUES VOLUME (000s)

HIGH

WEEK LOW CLOSE CHANGE

Vale* VALE 178850 21.67 20.00 21.52 + 1.07 United States S* X 109019 26.60 23.41 25.93 + 1.98 Cleveland-Clif* CLF 96580 20.46 17.65 20.12 + 2.06 Freeport McMoR* FCX 93143 43.12 40.45 42.72 + 1.85 Barrick Gold* GOLD 84742 24.94 23.48 24.08 - 0.62 Kinross Gold* KGC 51851 8.20 7.87 8.10 + 0.06 Yamana Gold* AUY 50853 5.26 5.10 5.24 + 0.03 Chevron Corp* CVX 42609 105.84 102.57 103.79 - 0.33 Hecla Mining* HL 42343 9.06 8.59 9.00 + 0.32 Gold Fields* GFI 36573 12.42 11.86 12.11 + 0.08

share. The company announced it is partnering with Comptech, a supplier of equipment for aluminium semi-solid castings, to deliver a new generation of aluminium alloys for use in advanced technologies such as electric vehicles and 5G antennas. Rio said it would be responsible for designing the alloys for the semi-solid rheocasting process offered by Comptech to

meet the requirements of producing large, specialized single-piece designs, known as giga-casting. Rheocasting allows for low-cost aluminium components with high strength, extremely low porosity, and a broad range of possible alloys. Rio Tinto and Comptech said the alloys are undergoing qualification with carmakers in Europe. TNM U.S. GREATEST VALUE CHANGE

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

CONSOL Energy* Lithium Amer* Peabody Enrgy* Cleveland-Clif* Alcoa* Intrepid Pots* United States S* Arch Resources* Teck Res* Mechel* Nouveau Monde* AngloGold Ash* Harmony Gold* CONSOL Energy* Barrick Gold* Pretium Res* Nexa Resources* Black Hills* Agnico Eagle* Kirkland Lake*

CEIX LAC BTU CLF AA IPI X ARCH TECK MTL NMG AU HMY CNX GOLD PVG NEXA BKH AEM KL

1883 10357 32615 96580 28748 725 109019 1666 28015 5902 270 21366 29427 10335 84742 4089 512 1626 8073 6646

15.71 15.60 6.76 20.46 39.70 28.91 26.60 59.02 24.87 2.28 16.29 25.36 5.51 14.19 24.94 11.78 10.89 66.48 73.32 44.47

VOLUME (000s)

WEEK LOW CLOSE CHANGE

12.96 13.16 5.37 17.65 34.94 25.63 23.41 51.60 22.21 2.01 12.41 23.43 5.12 13.22 23.48 11.16 10.00 65.11 70.91 43.06

15.34 15.30 6.63 20.12 39.67 28.62 25.93 57.07 24.71 2.25 12.69 23.77 5.16 13.62 24.08 11.40 10.69 65.79 71.75 43.33

+ + + + + + + + + + -

15.0 14.6 13.5 11.4 9.8 8.6 8.3 7.9 7.0 6.6 18.8 6.8 5.8 3.3 2.5 1.6 1.5 0.6 0.5 0.4

Arch Resources* ARCH Alcoa* AA Intrepid Pots* IPI Nutrien* NTR Cleveland-Clif* CLF CONSOL Energy* CEIX United States S* X Lithium Amer* LAC Freeport McMoR* FCX Rio Tinto* RIO Nouveau Monde* NMG AngloGold Ash* AU Barrick Gold* GOLD CONSOL Energy* CNX Franco-Nevada* FNV Black Hills* BKH Chevron Corp* CVX Agnico Eagle* AEM Harmony Gold* HMY Kirkland Lake* KL

1666 28748 725 11493 96580 1883 109019 10357 93143 10606 270 21366 84742 10335 1781 1626 42609 8073 29427 6646

WEEK CLOSE

57.07 39.67 28.62 62.15 20.12 15.34 25.93 15.30 42.72 87.43 12.69 23.77 24.08 13.62 149.61 65.79 103.79 71.75 5.16 43.33

CHANGE

+ + + + + + + + + + -

4.19 3.53 2.27 2.19 2.06 2.00 1.98 1.95 1.85 1.78 2.94 1.73 0.62 0.47 0.42 0.38 0.33 0.33 0.32 0.19

GLOBAL MINING NEWS

THE NORTHERN MINER / JUNE 7–20, 2021

M E TA L S , M I N I N G A N D M O N EY M A R K E T S PRODUCER AND DEALER PRICES

LME WAREHOUSE LEVELS

Coal: Central Appalachia, 12,500 Btu, 1.2 S02-R,W: US$59.70 Coal: Powder River Basin, 8,800 Btu, 0.8 S02-R, W: US$12.05 Cobalt: US$19.78/lb. Copper: US$4.55/lb. Copper: CME Group Futures July 2021: US$4.69/lb.; August 2021: US$4.69/lb Iridium: NY Dealer Mid-mkt US$6,300.00/tr oz. Iron Ore 62% Fe CFR China-S: US$189.60 Lead: US$0.99/lb. Phosphate Rock: US$86.00/tonne Potash: US$226.00/tonne Rhodium: Mid-mkt US$25,300.00 tr. oz. Ruthenium: Mid-mkt US$800.00/tr. oz. Silver: Handy & Harman Base: US$27.85 per oz.; Handy & Harman Fabricated: US$34.81 per oz. Tin: US$14.23/lb. Uranium: U3O8, Trade Tech spot price: US$30.55 per lb. U308 Zinc: US$1.36 per lb. Prices current May 31, 2021

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 26 2021 (change from May 19, 2021 in brackets): Aluminium Alloy 1820 (0) Aluminium 1728375 (-31300) Copper 124700 (+7625) Lead 99750 (-4575) Nickel 248358 (-3714) Tin 855 (-380) Zinc 286825 (+1175)

TSX SHORT POSITIONS

TSX VENTURE SHORT POSITIONS

Short positions outstanding as of May 15, 2021 (with changes from April 30, 2021) Largest short positions Ivanhoe Mines IVN 16666432 -1675158 4/30/2021 New Gold NGD 14514954 -1122414 4/30/2021 Suncor Energy SU 12580619 -656578 4/30/2021 Fortuna Silvr FVI 12037596 339106 4/30/2021 Nexgen Energy NXE 11669484 -1351101 4/30/2021 Argonaut Gold AR 9954719 -346240 4/30/2021 Barrick Gold ABX 9783743 -1749632 4/30/2021 Kinross Gold K 9501127 414459 4/30/2021 Wheaton Prec WPM 8177243 161769 4/30/2021 First Quantum FM 8050003 913617 4/30/2021 Nthn Dynasty NDM 7362360 845563 4/30/2021 Equinox Gold EQX 7275365 -2356551 4/30/2021 Fission Uran FCU 6294288 -677908 4/30/2021 Cameco Corp CCO 6181883 607528 4/30/2021 Endeavr Silver EDR 6157633 -283133 4/30/2021 Largest increase in short position NextSource Mat NEXT 3564369 3458839 4/30/2021 OceanaGold OGC 6100982 1395813 4/30/2021 UEX Corp UEX 3555899 1374365 4/30/2021 Black Iron BKI 1284804 1139791 4/30/2021 HudBay Min HBM 3139858 1055826 4/30/2021 Largest decrease in short position Roxgold ROXG 773706 -5956245 4/30/2021 Equinox Gold EQX 7275365 -2356551 4/30/2021 Barrick Gold ABX 9783743 -1749632 4/30/2021 Ivanhoe Mines IVN 16666432 -1675158 4/30/2021 Lundin Mng LUN 5489665 -1531621 4/30/2021

Short positions outstanding as of May 15, 2021 (with changes from April 30, 2021) Largest short positions Anfield Energy AEC 3563441 3037225 4/30/2021 Sokoman Min SIC 3138628 115439 4/30/2021 Alphamin Res AFM 2902103 2612530 4/30/2021 Artemis Gold ARTG 2812077 2041913 4/30/2021 American Lith LI 2713962 -261900 4/30/2021 NuLegacy Gold NUG 2587715 2485592 4/30/2021 Defense Metals DEFN 2546345 2291903 4/30/2021 Aurcana Silver AUN 2399605 -45223 4/30/2021 Pure Gold Mg PGM 2282151 -4099735 4/30/2021 GR Silver GRSL 2189086 1417633 4/30/2021 Uranium Roylty URC 1973659 1601795 4/30/2021 Labrador Gold LAB 1719373 854201 4/30/2021 Kootenay Silvr KTN 1585079 -625196 4/30/2021 EnCore Energy EU 1554328 598005 4/30/2021 Imperial Mg Gr IPG 1520649 1262229 4/30/2021 Largest increase in short position Anfield Energy AEC 3563441 3037225 4/30/2021 Alphamin Res AFM 2902103 2612530 4/30/2021 NuLegacy Gold NUG 2587715 2485592 4/30/2021 Defense Metals DEFN 2546345 2291903 4/30/2021 Artemis Gold ARTG 2812077 2041913 4/30/2021 Largest decrease in short position Pure Gold Mg PGM 2282151 -4099735 4/30/2021 Saint Jean SJL 427019 -2642204 4/30/2021 Strongbow Expl CUSN 71882 -1275718 4/30/2021 Defiance Silvr DEF 109857 -1236649 4/30/2021 IMPACT Silver IPT 151689 -1159931 4/30/2021

DAILY METAL PRICES Date May 28 May 27 May 26 May 25 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 2147/2100 2124/2075 2126/2075 2128/2075 Aluminum 2404.50/2434 2388/2421 2369.50/2393 2341/2372.50 Copper 10159.50/10171 10032.50/10048.5 9965/9978.50 9943/9961 Lead 2208/2202 2182.50/2178 2176/2180 2139/2145.50 Nickel 17811/17843 17364/17410 17168/17198 17125/17166 Tin 33456/30749 31361/29657 31950/29775 31147/29335 Zinc 3039.50/3053.50 2994.50/3013 2983.50/2998.50 2945/2958 PRECIOUS METAL PRICES (London fix, LBMA silver price, US$ per troy oz.) Gold AM 1892.45 1895.05 1904.30 Gold PM 1899.95 1891.45 1899.75 Silver 27.63 27.66 28.12 Platinum 1170.00 1185.00 1201.00 Palladium 2817.00 2780.00 2762.00

1882.80 1887.00 27.56 1186.00 2739.00

May 24 2130/2075 2305/2337 9868/9884 2143.50/2156 16780/16824 31995/29206 2931/2941.50

1876.85 1880.15 27.65 1174.00 2771.00

May 28 1.2080 0.8278

May 27 1.2070 0.8285

Exchange rates (Quote Media, May 28, 2021) C$ to AUS C$ to EURO 1.0735 0.6795 C$ to UK Pound C$ to China Yuan 0.5838 5.2793 US to AUS US to EURO 1.2968 0.8201 US to UK Pound US to China Yuan 0.7047 6.3674

May 26 1.2131 0.8244

May 25 1.2067 0.8287

May 24 1.2050 0.8298

May 21 ($) 27.73 79.41 73.89 16.12 13.15 30.09 33.21 17.18 20.88 77.31 21.18 59.79 11.04 62.99 63.42 58.62 52.44

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. American Cumo Mining Corp. (MLY.RT) 2 rights and $0.07 are required to purchase one share Antioquia Gold Inc. (AGD.RT) - One (1) Right and $0.042 are required to purchase one share. Aurania Resources Ltd. (ARU.RT) - Fourteen (14) Rights exercisable for one common share at $2.70 per common share. Aurania Resources Ltd. (ARU.WT) - One warrant to purchase one common share at $5.50 per share. Aurania Resources Ltd. (ARU.WT.A) - One warrant to purchase one common share at $4.25 per share. Avidian Gold Corp. (AVG.RT) - Three rights and $0.11 are required to purchase one Share. Boreal Metals Corp. (BMX.WT) - One warrant to purchase one common share at $0.50 per share. Boreal Metals Corp. (BMX.WT) - One warrant to purchase one common share at $0.30 per share. Caldas Gold Corp. (CGC.WT) - One warrant to purchase one common share at $2.75 per share. Cordoba Minerals Corp (CDB.WT) - One warrant to purchase one common share at $1.08 per share. Cordoba Minerals Corp (CDB.WT) - One warrant to purchase one common share at $1.08 per share. Cordoba Minerals Corp. (CDB.RT) - One (1) Right exercisable for One (1) Rights Share at $0.05 per Share. 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.

right to purchase one common share at $4.80 per share. Millennial Lithium Corp. (ML.WT) - One warrant to purchase one common share at $4.25 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. 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. Star Royalties Ltd. (STRR.WT) - One warrant to purchase one common share at $1.00 per share. Tintina Resources Inc. (TAU.RT) - Nine(9) Rights exercisable for one share at $0.06 per share. Trek Mining (TREK.WT) - Wt buy sh @ $3.00 to Oct 06/21 Ucore Rare Metals Inc. (UCU.RT) - One (1) right exercisable for one share at $4.00 per share. Vision Lithium Inc. (VLI.WT) - One warrant to purchase one common share at $0.15 per share. 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

52-week

C$ to Mex Peso 16.4947 C$ to Swiss Franc 0.7456 US to Mex Peso 19.9086 US to Swiss Franc 0.8997

C$ to SA Rand 11.4218 C$ to S. Korea Won 921.8073 US to SA Rand 13.7789 US to S. Korea Won 1113.8500

Change ($) 0.02 0.30 0.18 0.00 0.42 0.13 -0.07 0.14 -0.04 0.66 0.10 0.24 0.24 0.40 0.40 0.09 -0.24

Change (%) 0.08 0.38 0.24 0.00 3.19 0.44 -0.21 0.84 -0.20 0.85 0.47 0.41 2.17 0.63 0.63 0.15 -0.46

YTDChange (%) -7.21 -12.39 -15.00 -7.88 -9.87 -11.77 -7.42 -4.86 -6.08 -4.98 -10.22 -10.88 -13.17 -10.92 -10.93 -7.60 -9.18

MER (%) 2.40 0.61 0.60 2.29 2.73 0.68 0.83 2.63 0.61 2.52 2.46 3.19 2.98 2.09 2.09 2.31 2.27

TotalAssets (M$) 57.29 165.22 76.59 60.34 589.40 6.84 29.82 1087.60 72.70 29.59

453.26 2.38 355.81 132.77

177 New Highs A.I.S Res A.I.S Res* Almonty Ind * Alphamin Res * Altair Res Inc Altair Res Inc* Altamira Gold* Alto Ventures* AM Resources AmmPower AmmPower* Anfield Energy Anfield Energy* Arch Resources* ArcPacific Res* Argonaut Gold* Arizona Metals* Ascendant Res* Aurwest Res Auxico Res* Barsele Min Barsele Min* Belmont Res* Benton Res* C2C Gold* Cameco Corp Cameco Corp* Canstar Res Canstar Res* Casa Minerals Casa Minerals * Cerrado Gold

May 28 19852.18 966.28 1189.60 332.35 315.04

May 27 19774.41 959.65 1184.36 329.35 315.04

May 26 19745.47 956.00 1183.65 334.31 316.65

May 25 19564.12 954.96 1172.46 333.30 317.21

May 24 19527.30 957.22 1169.48 333.17 318.25

High 19904.79 1113.64 1192.97 416.84 359.81

Low 14934.71 543.08 902.25 267.29 245.25

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

Cerrado Gold* Chalice Gold M* CONSOL Energy* CopAur Min* Crest Resource Crest Resource* Cyntar Venture Diamcor Mng Diamcor Mng* Discovery Silv* District Metal* Doubleview Gld Eastfield Res* Element 29* Elysee Dev Emerita Res Emerita Res* Endeavr Silver Endeavr Silver* Ero Copper* Eskay Mng* Exploits Disc* Filo Mg Corp * FireFox Gold* Firestone Vent Five Star Diam* Foran Mining Foran Mining* Forum Energy* Full Metal Mnl Full Metal Mnl* Galantas Gold* Generic Gold Generic Gold*

Getchell Gold * GK Resources Glacier Lake* Global Atomic* Globex Mng GMV Minerals GMV Minerals* Goliath Res* Granite Creek Granite Creek* i-80 Gold* Intl Bethl Mng* Intl Prospect * Intl Star* Itafos Itafos* K92 Mining* Karora Res* King Global King Global* Kingfisher Met* Labrador Gold Labrador Gold* Libero Copper Libero Copper* Lucky Min* Luckystrike * Mammoth Res Mammoth Res * Marathon Gold* Medaro Mining Meridian Mg * Meryllion Res* Metals Creek

Metals Creek* Minera Alamos * Montage Gold* Monument Mng* Morien Res* Namibia Crit* New Found Gold NextSource Mat Nickel 28 Nickel 28* Noront Res Nouveau Monde* Nutrien* Oceanus Res* Opawica Expl Opawica Expl* Orvana Mnrls Orvana Mnrls* Osisko Gold* Paleo Resource* Pan Global Res Pan Global Res* Pantera Silver Peruvian Metal Peruvian Metal* Philex Mng* Playfair Mng* Prime Mining Prime Mining* Quantum Batt Quaterra Res Quaterra Res* Rhyolite Res Roxgold

Saint Jean Saturn Mnrls Sego Res Sidney Resrces* Signature Res* Silver Bull Re* Silver Range* Skeena Res* Sky Gold Sokoman Min Sokoman Min* Solaris Res Solstice Gold Star Diamond* Starr Peak Starr Peak* Sterling Metal* Stinger Res* Taiga Gold* Teck Res Telson Res * Thor Expl Thor Expl* Tisdale Res Tocvan Venture Trailbreaker* Trifecta Gold* TVI Pacific* Val-d’Or Mg* Vanadian Enrgy* Vanadium One Vanadium One* Victoria Gold* Visionary Gold

VR Resources* Vulcan Mnrls* Wealth Mnrls Wealth Mnrls* Wedgemount Res Western Copper Western Copper* Westminster Rs Westminster Rs*

20 New Lows Adyton Res Asiamet Res* ATAC Res CAT Strategic* Contact Gold CWN M’g Acq FenixOro Gold Golcap Res Handa Mining* Metallum Res Nevada Silver Nobel29 Res Power Metals Power Metals* Revival Gold * Sparton Res Tanzanian Gold Tanzanian Gold* Triumph Gold* Wolfeye Res

Re-Publishing License moliveira@ northernminer.com or 416-510-6768

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 $3.00 per share. Firefox Gold Corp. (FFOX.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. JDL Gold Corp. (JDL.WT) - Wt buy sh @ $3.00 to Oct 06/21 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.WT.A) - One warrant to purchase one common share at $0.60 per share. Mako Mining Corp. (MKO.RT) - Rights exercisable for One (1) share at $0.10 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 $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

NORTH AMERICAN STOCK EXCHANGE INDICES

GLOBAL MINING NEWS · SINCE 1915

Contact:

WT.B) - Wt buys sh @ $0.55 to Jun 10/21 Osisko Gold Royalties (OR.WT) - Wt buys sh @ $36.5 to Feb 18/22 Platinum Group Metals Ltd. (PTM.WT.U) One Warrant to purchase one common share of the Issuer at US$0.17 until expiry Royal Nickel Corporation (RNX.WT) - One Warrant to purchase one common share of the Issuer at $0.50 until expiry. Sandstorm Gold (SSL.WT.B) - One Warrant to purchase one common share of the Issuer at US $14.00 until expiry. Sherritt International Corporation (S.WT) Each whole Warrant entitles the holder to acquire between 1.00 and 1.25 additional common shares (as bulletin 2018-0062 table ) determined based on the Applicable Reference Cobalt Price at an exercise price of $1.95 per Warrant at any time prior to the Expiry Date Sprott Resource Corp (SRHI.WT) - Wt buys sh @ $0.3333 to Feb 09/22 Trevali Mining Corporation (TV.WT) - One Warrant to purchase one common share of the Issuer at $0.23 until expiry.

NEW 52-WEEK HIGHS AND LOWS MAY 24 – 28, 2021 C$ to YEN 90.5975 C$ to India Rupee 60.0265 US to YEN 109.9000 US to India Rupee 72.3937

CANADIAN GOLD MUTUAL FUNDS FundName May 28 ($) BMO Prec Mtls Fd A 27.75 BMO ZGD 79.72 BMO ZJG 74.07 CIBC Prec Metal Fd A 16.12 Dyn Prec Metls Fd A 13.57 Harvest HGGG 30.23 Horizons HEP 32.99 IG MacGbPreMetCl A 17.33 iShares XGD 20.84 Mac Prec Met Cl A 77.96 NBI PrecMetFd Invt 21.28 NPT Go&PrMinFd A 60.03 NPT SilverEquCl A 11.28 RBC GblPreMetFd A 63.39 RBC GblPreMetFd Adv 63.82 Sentry Pre Met Fd A 58.71 TD Prec Mtl Fd Inv 52.20

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

TSX VENTURE WARRANTS

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

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

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. Ascendant Resources (ASND.WT) - Wt buys sh @ $1.25 to Mar 7/22 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.

LEGEND A C L N O Q T V X *

– – – – – – – – – –

Australian Securities Exchange Canadian Stock Exchange London Stock Exchange New York Stock Exchange U.S. over-the-counter NASDAQ or U.S. OTC Toronto Stock Exchange TSX Venture Exchange NYSE American Denotes price in U.S.$

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

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

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

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JUNE 7–20, 2021 / THE NORTHERN MINER

S T O C K TA B L E S

MINING STOCKS listed on CANADIAN and U.S. EXCHANGES TRADING: MAY 24–28, 2021 (100s) Stock

Exc Volume

Week High

Low

Last

12-month Change

High Low

A 1844 Resources 1911 Gold* 1911 Gold 55 North 79 Resources 79North A.I.S Res* A.I.S Res Abacus Mining* Abacus Mining Abcourt Mines* Abcourt Mines Aben Resources Aben Resources* Abitibi Royal Abitibi Royal* AbraSilver Res AbraSilver Res* Academy Metals ACME Lithium Adamera Min Adamera Min* Adex Mining Advance Gold Adventus Adventus* Adyton Res AEX Gold Affinity Metal* African Gold* African Gold African Metals African Min* Aftermath Silv* Agnico Eagle Agnico Eagle* AgriMinco* Aguila Amer Gd* Aguila Amer Gd Aiml Res* AJN Resources Alamos Gold Alamos Gold* Alcoa* Aldebaran Res* Aldebaran Res Alexandra Cap* Alexco Res* Alexco Res Alianza Min Alianza Min* Alien Metals* All American* Allegiant Gold Allegiant Gold* Alliance Mng Alliance Res* Almaden Min Almaden Min* Almadex Min* Almadex Min Almonty Ind Almonty Ind * Aloro Mining* Aloro Mining Alpha Lithium* Alpha Lithium Alphamin Res * Alphamin Res Altai Resource Altai Resource* Altair Res Inc* Altair Res Inc Altamira Gold Altamira Gold* Altan Nevada Altiplano Met Altiplano Met* Altius Mnrls Altius Mnrls * Alto Ventures Alto Ventures* Altura Mining* Alturas Min Altus Strat Altus Strat* Alumina Ltd* ALX Resources ALX Resources* AM Resources Amani Gold* Amarc Res Amarc Res* Amarillo Gold Amarillo Gold* Amer Intl Vent* American Creek* American Creek American CuMo* American CuMo American Eagle American Lith* American Lith American Mang* American Mang American Pac AmericanSierra* Americas Silvr Americas Silvr* Amerigo Res Amerigo Res* Ameriwest Lith Amex Expl Amex Expl* Amilot Capital AmmPower AmmPower* Amseco Expl AMV Capital Anaconda Mng* Anaconda Mng Andean Prec Andes Gold* Andover Mng* Anfield Energy* Anfield Energy Angel Gold* Angel Gold Angkor Gold* Angkor Res Anglo American* Anglo American* Anglo Pac Grp AngloGold Ash* AngloGold Ash* Angold Res* Angold Res Angus Gold* Angus Gold Antioquia Gold* Antioquia Gold Antler Gold Antofagasta* Apollo Gold Apollo Gold* Appia Energy* Appia Energy Applied Min* Aquila Res* Aquila Res Arbor Metals Arch Resources* Archon Mineral* Archon Mineral ArcPacific Res* ArcPacific Res Arctic Star* Arctic Star Arcturus Vent* Arcus Dev Grp Arcwest Explor Arcwest Explor* Arena Min* Arena Min Ares Strategic Ares Strategic* Argentina Lith* Argentina Lith Argentum Silvr Argentum Silvr* Argo Gold Argo Gold* Argonaut Gold* Argonaut Gold Arian Res*

V 261 O 418 V 654 C 358 C 86 C 2458 O 2720 V 5678 O 504 V 251 O 495 V 544 V 563 O 238 V 2 O 5 V 4907 O 3410 V 34 C 49 V 845 O 295 V 1134 V 225 V 519 O 74 V 708 V 501 O 83 O 146 V 691 V 120 O 525 O 2143 T 4177 N 8073 O 1 O 25 V 28 O 172 C 31 T 3438 N 8538 N 28748 O 17 V 136 O 1120 X 4199 T 1270 V 945 O 963 O 335 O 117402 V 4546 O 2152 V 126 D 1358 T 151 X 3254 O 79 V 89 T 349 O 177 O 298 V 74 O 3403 V 704 O 1695 V 9533 V 463 O 6 O 93 V 5155 V 884 O 464 V 5 V 148 O 36 T 571 O 112 V 1379 O 38 O 50 V 303 V 58 O 1 O 18 V 1657 O 315 V 238 O 1705560 V 811 O 83 V 809 O 362 O 144 O 766 V 1649 O 85 V 1067 V 207 O 3245 V 2296 O 2042 V 1532 C 14998 O 101 T 3133 X 7821 T 1420 O 578 C 214 V 673 O 702 V 43 C 2475 O 1989 V 388 V 43 O 210 T 404 V 3445 O 127 O 8 O 3086 V 5880 O 76 V 199 O 25 V 686 O 9 O 2167 T 30 O 0 N 21366 O 150 V 3843 O 58 V 305 O 164 V 107 V 253 O 4 V 538 O 8 O 491 C 242 O 1536 O 517 T 328 V 123 N 1666 O 0 V 45 O 88 V 1847 O 111 V 2458 O 42 V 95 V 109 O 53 O 135 V 3994 V 632 O 1657 O 135 V 283 V 61 O 0 C 271 O 20 O 1265 T 6366 O 10

0.07 0.48 0.57 0.11 0.12 0.15 0.11 0.11 0.15 0.18 0.15 0.17 0.08 0.06 23.95 19.93 0.70 0.63 0.08 0.67 0.12 0.09 0.02 0.08 1.16 0.96 0.18 0.60 0.12 0.24 0.17 0.12 0.01 0.54 88.92 73.32 0.00 0.21 0.23 0.51 0.30 11.33 9.37 39.70 0.58 0.70 0.44 3.23 3.89 0.13 0.11 0.02 0.01 0.46 0.38 1.15 6.23 0.68 0.56 0.23 0.27 1.18 1.05 0.05 0.06 0.72 0.80 0.69 0.80 0.08 0.06 0.06 0.07 0.46 0.42 0.03 0.37 0.34 17.88 15.11 0.19 0.14 0.00 0.03 1.11 0.90 5.23 0.10 0.09 0.09 0.00 0.15 0.11 0.28 0.23 0.02 0.21 0.25 0.06 0.07 0.30 1.78 2.10 0.88 1.03 0.32 0.05 2.12 1.77 1.48 1.23 0.73 2.90 2.39 0.05 1.40 1.90 0.12 0.15 0.63 0.76 1.78 0.01 0.00 0.16 0.19 0.03 0.04 0.05 0.06 45.87 22.83 2.68 0.00 25.36 0.32 0.47 1.03 1.28 0.05 0.06 0.14 22.54 0.83 0.68 0.62 0.74 0.02 0.08 0.10 2.25 59.02 0.00 0.23 0.18 0.21 0.21 0.23 0.04 0.03 0.12 0.10 0.14 0.18 0.72 0.60 0.14 0.15 0.28 0.00 0.24 0.19 2.70 3.26 0.00

0.06 0.43 0.51 0.11 0.10 0.10 0.00 0.08 0.13 0.16 0.13 0.15 0.07 0.05 0.00 19.38 0.61 0.51 0.00 0.55 0.10 0.08 0.00 0.07 1.08 0.90 0.16 0.52 0.11 0.12 0.15 0.12 0.00 0.43 85.57 70.91 0.00 0.18 0.00 0.48 0.27 10.77 8.93 34.94 0.55 0.64 0.37 2.95 3.51 0.11 0.09 0.01 0.01 0.25 0.21 0.92 5.85 0.63 0.53 0.19 0.25 1.11 0.91 0.04 0.05 0.60 0.72 0.55 0.68 0.07 0.05 0.03 0.04 0.40 0.34 0.00 0.00 0.28 16.65 13.46 0.15 0.12 0.00 0.02 1.02 0.00 5.10 0.09 0.07 0.08 0.00 0.12 0.10 0.25 0.20 0.00 0.19 0.24 0.05 0.06 0.21 1.40 1.69 0.74 0.90 0.14 0.04 1.96 1.64 1.35 1.04 0.67 2.53 2.10 0.05 1.18 1.02 0.08 0.12 0.57 0.67 1.25 0.01 0.00 0.12 0.14 0.03 0.04 0.04 0.05 42.85 21.72 0.00 0.00 23.43 0.26 0.34 0.94 1.10 0.04 0.00 0.12 0.00 0.74 0.00 0.56 0.69 0.02 0.07 0.09 2.01 51.60 0.00 0.23 0.14 0.15 0.16 0.18 0.01 0.03 0.10 0.08 0.08 0.11 0.59 0.48 0.11 0.14 0.26 0.00 0.19 0.15 2.46 3.02 0.00

0.06 0.45 + 0.55 + 0.11 unch 0.10 0.14 + 0.07 0.09 unch 0.14 0.18 + 0.14 + 0.16 + 0.07 unch 0.06 23.95 + 19.38 0.61 0.52 0.08 + 0.62 + 0.11 unch 0.09 0.02 unch 0.07 + 1.14 + 0.95 + 0.16 0.56 + 0.12 unch 0.13 0.15 0.12 0.01 + 0.52 + 86.98 unch 71.75 0.00 unch 0.18 0.23 + 0.50 unch 0.27 11.03 + 9.13 + 39.67 + 0.58 + 0.70 unch 0.41 3.20 + 3.87 + 0.12 unch 0.10 0.02 + 0.01 0.41 + 0.33 + 1.15 + 5.96 0.65 unch 0.55 + 0.20 + 0.26 1.15 0.95 0.05 + 0.06 + 0.62 0.74 0.64 + 0.77 + 0.08 + 0.06 + 0.05 + 0.06 + 0.41 0.34 0.03 unch 0.33 0.28 17.78 + 14.73 + 0.19 + 0.14 + 0.00 unch 0.03 + 1.08 0.90 + 5.22 0.09 0.07 0.09 + 0.00 0.14 + 0.11 + 0.28 + 0.23 + 0.01 0.19 0.24 0.06 + 0.07 + 0.25 + 1.48 1.81 0.82 + 0.99 + 0.30 + 0.04 + 2.11 + 1.74 + 1.45 + 1.20 + 0.67 2.65 2.16 0.05 unch 1.40 + 1.16 + 0.08 0.12 0.61 + 0.75 + 1.65 + 0.01 0.00 unch 0.14 + 0.16 + 0.03 unch 0.04 unch 0.05 + 0.06 unch 45.87 + 22.48 2.65 unch 22.64 unch 23.77 0.32 + 0.47 + 0.99 + 1.19 + 0.05 + 0.06 + 0.14 + 22.40 0.77 0.62 0.61 + 0.73 + 0.02 + 0.08 + 0.10 + 2.15 + 57.07 + 0.19 unch 0.23 unch 0.17 + 0.19 + 0.16 0.19 0.02 + 0.03 unch 0.10 0.09 + 0.11 + 0.16 + 0.64 0.53 0.12 + 0.14 0.26 0.17 unch 0.22 + 0.19 + 2.54 3.03 0.00 -

0.01 0.08 0.05 0.01 1.22 0.30 0.02 0.98 0.42 0.00 0.23 0.10 0.02 0.25 0.10 0.04 0.23 0.08 0.00 0.11 0.01 0.00 0.11 0.02 0.00 0.21 0.04 0.01 0.29 0.07 0.01 0.18 0.05 0.01 0.24 0.07 0.00 0.16 0.05 0.00 0.12 0.04 0.40 26.75 19.84 0.19 20.82 14.78 0.06 0.82 0.10 0.03 0.68 0.07 0.01 0.16 0.06 0.02 0.67 0.31 0.00 0.16 0.05 0.00 0.12 0.04 0.00 0.04 0.01 0.01 0.17 0.07 0.05 1.60 0.80 0.04 1.18 0.62 0.02 0.40 0.16 0.01 1.20 0.44 0.00 0.37 0.11 0.00 0.28 0.08 0.01 0.36 0.11 0.01 0.18 0.06 0.01 0.02 0.00 0.05 1.37 0.20 0.00 117.35 69.14 0.33 89.23 54.66 0.00 0.13 0.00 0.00 0.53 0.16 0.02 0.67 0.17 0.00 0.71 0.45 0.03 0.45 0.15 0.09 15.52 8.89 0.05 11.58 7.02 3.53 44.42 8.93 0.00 0.61 0.17 0.00 0.74 0.23 0.00 1.45 0.13 0.23 3.50 1.87 0.31 4.65 2.56 0.00 0.25 0.08 0.00 0.19 0.05 0.00 0.04 0.00 0.00 0.02 0.00 0.14 0.71 0.23 0.12 0.56 0.18 0.10 1.15 0.13 0.13 6.68 2.63 0.00 1.60 0.58 0.00 1.24 0.43 0.01 0.29 0.14 0.01 0.36 0.20 0.03 1.30 0.50 0.03 1.05 0.37 0.01 0.19 0.01 0.01 0.12 0.04 0.04 1.13 0.33 0.05 1.45 0.45 0.03 0.69 0.12 0.04 0.80 0.12 0.01 0.14 0.04 0.00 0.11 0.03 0.02 0.06 0.01 0.01 0.07 0.01 0.04 0.47 0.07 0.03 0.42 0.05 0.00 0.05 0.01 0.02 0.50 0.07 0.02 0.36 0.09 1.01 19.15 9.61 0.83 15.84 6.80 0.04 0.24 0.09 0.02 0.15 0.07 0.00 0.50 0.00 0.01 0.05 0.01 0.03 1.66 0.55 0.00 21.22 0.35 0.08 5.97 3.83 0.01 0.13 0.03 0.01 0.10 0.02 0.01 0.09 0.03 0.00 0.05 0.00 0.02 0.20 0.03 0.01 0.16 0.02 0.02 0.42 0.21 0.01 0.31 0.15 0.00 0.08 0.00 0.01 0.38 0.05 0.01 0.50 0.08 0.01 0.08 0.01 0.01 0.10 0.03 0.04 0.40 0.17 0.19 3.32 0.15 0.18 4.21 0.41 0.04 2.25 0.09 0.06 2.86 0.13 0.13 0.62 0.13 0.00 0.06 0.01 0.05 5.12 1.91 0.02 3.90 1.59 0.09 1.61 0.25 0.07 1.35 0.18 0.06 0.95 0.12 0.18 4.19 1.36 0.16 3.26 1.01 0.00 0.08 0.03 0.17 1.35 0.30 0.15 1.90 0.71 0.03 0.12 0.02 0.03 0.26 0.07 0.04 0.74 0.18 0.07 0.93 0.26 0.32 2.00 1.18 0.00 0.02 0.00 0.00 0.07 0.00 0.02 0.14 0.03 0.02 0.18 0.05 0.00 0.05 0.01 0.00 0.07 0.02 0.01 0.08 0.02 0.00 0.10 0.01 1.62 49.42 20.54 0.07 24.75 10.14 0.00 2.85 1.75 0.00 38.94 20.27 1.73 38.50 19.55 0.06 0.34 0.23 0.09 0.53 0.27 0.05 1.16 0.43 0.08 1.51 0.41 0.00 0.07 0.02 0.01 0.09 0.03 0.02 0.49 0.12 0.79 27.80 10.84 0.03 1.68 0.38 0.07 0.91 0.33 0.02 0.65 0.10 0.02 0.84 0.13 0.00 0.14 0.00 0.01 0.14 0.07 0.01 0.18 0.08 0.05 2.63 0.60 4.19 59.00 26.97 0.00 0.26 0.13 0.00 0.40 0.11 0.03 0.18 0.06 0.02 0.22 0.04 0.02 0.24 0.02 0.03 0.29 0.02 0.01 0.38 0.00 0.00 0.04 0.02 0.02 0.21 0.06 0.01 0.15 0.04 0.02 0.21 0.01 0.03 0.27 0.02 0.01 0.82 0.08 0.02 0.69 0.06 0.01 0.21 0.04 0.01 0.26 0.05 0.03 0.35 0.15 0.00 0.27 0.13 0.03 0.35 0.04 0.03 0.24 0.10 0.10 2.70 1.22 0.14 3.42 1.70 0.01 0.40 0.00

(100s) Stock

Exc Volume

Week Low

0.50 0.52 0.41 0.41 2.38 2.40 0.11 0.11 + 0.13 0.13 4.38 4.79 3.61 3.97 0.17 0.18 + 0.21 0.21 0.00 0.62 5.32 5.34 6.40 6.49 0.22 0.22 0.26 0.29 + 0.00 0.67 unch 0.24 0.24 + 0.25 0.30 + 1.28 1.32 + 1.06 1.10 + 0.03 0.04 + 0.00 0.22 unch 0.00 0.05 unch 0.04 0.04 0.05 0.05 0.14 0.15 + 0.00 0.18 0.02 0.02 5.59 6.07 0.20 0.21 + 0.24 0.24 0.09 0.09 + 0.53 0.60 + 0.64 0.72 + 0.00 0.01 + 0.19 0.19 + 0.22 0.22 + 2.00 2.08 1.61 1.73 15.16 15.28 12.64 12.64 2.01 2.28 2.62 2.77 0.92 0.99 0.79 0.83 + 0.20 0.20 0.00 0.18 0.53 0.58 + 0.66 0.74 + 0.85 0.90 + 0.00 0.06 unch 0.16 0.19 + 0.45 0.52 + 0.00 0.16 + 0.01 0.02 unch 0.09 0.09 unch 0.13 0.14 0.15 0.16 0.22 0.23 unch 0.18 0.19 unch 0.60 0.73 unch 0.45 0.61 + 0.13 0.15 + 0.16 0.19 + 0.00 0.00 unch 0.17 0.18 0.00 0.15 1.25 1.31 1.52 1.58 0.06 0.06 + 0.00 0.08 + 0.08 0.09 + 0.00 0.06 unch 0.00 0.05 + 5.93 6.16 0.00 0.10 0.00 0.12 + 0.29 0.29 0.23 0.24 1.23 1.51 + 0.75 1.24 + 0.05 0.06 + 0.07 0.07 unch 0.28 0.32 0.26 0.26 0.00 0.00 + 0.14 0.14 unch 0.10 0.12 +

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

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

699 193 361 173 1596 3111 879 111 312 6 44 352 18 865 1 177 2090 1547 2557 276 1 0 217 897 50 320 6079 47 8 201 91 272 476 0 8 55 110 43 164 5 95 238 3607 2278 167 2 304 159 318 8 3312 20 19 414 200 96 87 376 64 1478 177 1572 1737 1 280 67 5360 526 12 153 1928 92 5 82 7 44 1018 1029 1044 141 1018 6923 862 291 994 74 108

0.55 0.46 2.51 0.12 0.15 5.07 4.50 0.19 0.23 0.68 5.62 6.90 0.23 0.30 0.00 0.55 0.34 1.39 1.20 0.04 0.22 0.00 0.05 0.06 0.15 0.19 0.03 6.45 0.21 0.25 0.11 0.63 0.72 0.01 0.19 0.22 2.15 1.81 16.00 13.01 2.43 3.03 1.10 0.91 0.21 0.18 0.59 0.78 0.91 0.06 0.22 0.52 0.18 0.02 0.09 0.15 0.17 0.23 0.19 0.79 1.22 0.16 0.19 0.00 0.20 0.15 1.35 1.62 0.07 0.08 0.10 0.06 0.05 6.80 0.10 0.13 0.32 0.27 1.59 1.30 0.07 0.08 0.37 0.29 0.01 0.15 0.13

B2Gold Corp* B2Gold Corp Bald Eagle Balto Res Bam Bam Res Bam Bam Res* Bannerman Res* Banyan Gold Banyan Gold* Barker Min* Barksdale Res* Barksdale Res Baroyeca Gold* Baroyeca Gold Barrick Gold* Barrick Gold Barsele Min* Barsele Min Baru Gold Baru Gold* Baselode Egy* Baselode Egy Batero Gold Batero Gold* Bathurst Met Battery Min Battle North* Battle North Bayhorse Silvr Bayhorse Silvr* BC Moly BCM Res* BCM Res Bear Creek Mng Bear Creek Mng* Bearclaw Cap Bearing Lith Bearing Lith* Beauce Gold Bell Copper Bell Copper* Belmont Res* Belmont Res Belo Sun Mng Belo Sun Mng* BeMetals * BeMetals Benchmark Met* Benchmark Met Benjamin Hill Benjamin Hill* Benton Res* Benton Res Benz Mining* Benz Mining Bessor Min* Bessor Min Bird River Res Bitterroot Res* Bitterroot Res Black Dragon* Black Hills* Black Iron* Black Iron Black Mammoth* Black Mammoth Black Mountain Black Shield Black Tusk Res* Black Tusk Res Blackrock Silv* Blackrock Silv Blackwolf Cop Blackwolf Cop* Blind Creek BLOX Inc* Blue Lagoon Blue Lagoon* Blue Moon* Blue Moon Blue River Res Blue River Res* Blue Sky Uran* Blue Sky Uran Blue Star Gold* Blue Star Gold Blue Thunder BlueBird Batt

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

35913 22055 396 3 1153 564 3737 943 83 63 24 465 47 494 84742 39666 16 551 1598 113 300 608 85 144 110 118 2 71 1376 1681 10 259 751 1095 271 55 40 27 84 870 10 2 1008 559 1631 7 45 162 2633 262 5 949 2355 45 684 0 58 1014 183 963 20 1626 145 2712 0 3 15 30 0 1311 1800 2102 120 83 92 7846 402 247 133 1103 350 21 1018 1244 4 1694 1179 670

5.37 6.40 0.08 0.18 0.26 0.22 0.16 0.32 0.27 0.02 0.51 0.61 0.25 0.30 24.94 30.20 0.66 0.82 0.13 0.12 0.46 0.56 0.14 0.11 0.15 0.65 2.19 2.65 0.25 0.22 0.08 0.17 0.20 1.88 1.61 0.29 0.21 0.19 0.34 0.24 0.20 0.15 0.07 0.78 0.65 0.37 0.44 1.21 1.45 0.46 0.36 0.37 0.25 0.78 0.96 0.00 0.07 0.24 0.15 0.19 0.04 66.48 0.46 0.55 0.00 0.13 0.46 0.15 0.00 0.04 1.00 1.15 1.45 1.20 0.10 0.01 0.61 0.52 0.06 0.07 0.01 0.02 0.19 0.23 0.07 0.09 0.06 0.13

Last

12-month

High

Change

Stock

0.02 0.04 0.01 0.00 0.01 0.16 0.13 0.01 0.02 0.03 0.06 0.15 0.01 0.02 0.00 0.00 0.01 0.03 0.02 0.01 0.00 0.00 0.00 0.01 0.00 0.01 0.00 0.07 0.01 0.01 0.00 0.03 0.05 0.01 0.00 0.01 0.03 0.03 0.42 0.36 0.01 0.03 0.03 0.00 0.01 0.00 0.02 0.02 0.04 0.00 0.01 0.07 0.00 0.00 0.00 0.01 0.02 0.00 0.00 0.00 0.01 0.02 0.03 0.00 0.02 0.02 0.01 0.02 0.00 0.01 0.01 0.00 0.01 0.00 0.00 0.01 0.02 0.01 0.22 0.20 0.00 0.00 0.03 0.04 0.00 0.00 0.01

0.60 0.50 3.29 0.15 0.18 5.07 4.50 0.33 0.41 0.97 5.63 7.64 0.24 0.32 0.99 0.55 0.34 1.63 1.33 0.10 0.64 0.05 0.09 0.13 0.30 0.40 0.05 6.51 0.27 0.34 0.23 0.65 0.78 0.08 0.40 0.65 3.60 2.79 18.30 18.11 4.31 5.75 1.25 0.99 0.31 0.24 1.35 1.28 1.68 0.10 0.22 0.96 1.01 0.04 0.13 0.69 0.38 0.56 0.39 0.89 1.22 0.25 0.36 0.01 0.48 0.40 2.82 3.60 0.16 0.20 0.22 0.21 0.15 7.50 0.12 0.14 0.36 0.30 3.27 2.35 0.14 0.18 0.70 0.53 0.01 0.27 0.20

0.13 0.10 1.75 0.08 0.11 0.52 0.46 0.08 0.12 0.40 1.17 1.58 0.03 0.04 0.46 0.06 0.08 0.78 0.57 0.02 0.17 0.02 0.03 0.04 0.12 0.16 0.00 2.02 0.08 0.11 0.03 0.17 0.23 0.00 0.00 0.22 0.90 0.63 4.22 3.33 1.78 2.22 0.48 0.35 0.04 0.03 0.40 0.43 0.78 0.03 0.03 0.13 0.00 0.01 0.07 0.05 0.12 0.17 0.13 0.05 0.00 0.12 0.05 0.00 0.09 0.11 0.54 0.74 0.06 0.06 0.05 0.05 0.04 0.95 0.04 0.06 0.16 0.11 0.78 0.60 0.01 0.02 0.24 0.18 0.00 0.11 0.09

BlueBird Batt* Bluestone Res Bluestone Res* BMEX Gold BMEX Gold* Bold Ventures* Bold Ventures Bolt Metals* Bolt Metals Bonanza Gold* Bond Resources BonTerra Res Boreal Metals* Boreal Metals Borneo Res Inv* Boundary Gold* Boundary Gold Bravada Gold* Bravada Gold Braveheart Res* Braveheart Res Bravo Multinat* Brazil Min* Brigadier Gold* Brigadier Gold BrightRock* Britannia Mng* Brixton Metals* Brixton Metals Brunswick Expl Bryn Res* BTU Metals* BTU Metals Buenaventura* Buffalo Coal Bullet Explor Bullion Gold* Bunker Hill Bushveld Min* BWR Explor

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

0.19 0.19 0.01 0.00 0.02 0.02 0.01 0.01 0.01 0.01 0.01 0.00 0.01 0.02 0.62 0.68 0.18 0.23 0.01 0.01 0.03 0.05 0.00 0.00 0.00 0.02 0.00 0.00 0.00 0.00 0.01 0.01 0.04 0.01 0.02 0.02 0.01 0.00 0.03 0.07 0.06 0.02 0.01 0.04 0.02 0.00 0.01 0.11 0.11 0.02 0.01 0.00 0.01 0.16 0.15 0.00 0.01 0.04 0.00 0.00 0.00 0.38 0.02 0.03 0.00 0.00 0.00 0.00 0.00 0.01 0.11 0.13 0.11 0.10 0.00 0.00 0.02 0.01 0.01 0.01 0.00 0.00 0.00 0.01 0.01 0.01 0.01 0.01

7.55 9.99 0.16 0.44 0.71 1.12 0.19 0.39 0.90 0.11 0.57 0.70 0.31 0.42 31.22 41.09 0.58 0.75 0.24 0.21 1.15 1.19 0.16 0.13 0.26 0.90 2.20 2.65 0.26 0.25 0.09 0.22 0.30 4.17 3.04 0.60 0.34 0.25 0.44 0.45 0.32 0.15 0.11 1.44 1.10 0.42 0.57 1.36 1.64 0.48 0.52 0.37 0.30 1.10 1.40 0.04 0.10 0.26 0.19 0.25 0.10 71.34 0.62 0.76 0.19 0.26 0.75 0.15 0.08 0.10 1.22 1.61 1.51 1.75 0.27 0.05 1.06 0.82 0.08 0.09 0.03 0.02 0.26 0.33 0.12 0.16 0.15 0.40

4.16 5.25 0.07 0.04 0.08 0.06 0.02 0.10 0.07 0.00 0.22 0.30 0.08 0.05 18.64 23.63 0.26 0.32 0.07 0.04 0.23 0.15 0.06 0.04 0.03 0.50 1.04 1.52 0.08 0.05 0.03 0.04 0.04 1.74 1.36 0.10 0.10 0.06 0.09 0.09 0.07 0.05 0.04 0.59 0.43 0.16 0.22 0.24 0.33 0.37 0.04 0.07 0.10 0.15 0.20 0.04 0.04 0.04 0.03 0.04 0.02 51.97 0.06 0.08 0.02 0.04 0.35 0.11 0.03 0.03 0.16 0.22 0.55 0.39 0.04 0.00 0.43 0.27 0.01 0.01 0.01 0.00 0.06 0.09 0.04 0.05 0.05 0.10

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

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

B 5.02 5.10 6.08 6.18 0.07 0.08 + 0.18 0.18 unch 0.21 0.25 + 0.17 0.21 + 0.14 0.15 0.29 0.31 + 0.22 0.25 + 0.00 0.02 + 0.00 0.50 + 0.58 0.60 unch 0.24 0.25 + 0.25 0.26 23.48 24.08 28.24 29.11 0.00 0.63 + 0.52 0.76 + 0.11 0.12 0.09 0.10 0.39 0.45 + 0.50 0.55 + 0.13 0.13 unch 0.11 0.11 + 0.15 0.15 unch 0.61 0.62 2.19 2.19 unch 2.64 2.64 unch 0.22 0.23 unch 0.18 0.20 + 0.07 0.08 + 0.14 0.14 0.16 0.17 1.74 1.80 1.43 1.50 0.00 0.29 + 0.20 0.21 + 0.16 0.17 + 0.29 0.29 0.16 0.24 + 0.00 0.20 + 0.05 0.06 + 0.06 0.07 + 0.70 0.72 0.58 0.60 0.36 0.36 unch 0.00 0.43 1.04 1.06 1.24 1.31 0.42 0.44 0.00 0.35 0.17 0.19 + 0.21 0.23 + 0.00 0.78 + 0.75 0.90 + 0.00 0.04 unch 0.06 0.07 + 0.15 0.19 + 0.12 0.13 0.15 0.16 unch 0.04 0.04 unch 65.11 65.79 0.35 0.42 + 0.45 0.50 + 0.00 0.12 unch 0.00 0.13 unch 0.46 0.46 unch 0.00 0.15 unch 0.00 0.03 unch 0.03 0.04 + 0.82 0.95 + 0.99 1.14 + 1.20 1.27 1.01 1.06 0.00 0.09 unch 0.01 0.01 0.54 0.55 0.44 0.47 0.05 0.05 0.00 0.06 0.00 0.01 unch 0.00 0.02 + 0.16 0.17 0.20 0.21 0.00 0.07 + 0.07 0.07 0.05 0.06 + 0.11 0.12 -

(100s)

High Low

Exc Volume

Week Last

12-month

High

Low

Change

33 271 51 303 111 1 487 20 7 22971 253 749 871 771 5299 45 353 638 542 225 755 57 44871 512 1325 62 872 1368 2600 137 24 30 431 6562 531 8 26 401 111 62

0.13 1.71 1.45 0.25 0.20 0.07 0.09 0.34 0.40 0.01 0.11 1.54 0.08 0.10 0.00 0.05 0.08 0.10 0.12 0.11 0.13 0.19 0.01 0.13 0.13 0.06 0.01 0.18 0.22 0.19 0.03 0.12 0.15 11.63 0.03 0.16 0.08 0.30 0.26 0.04

0.09 0.09 1.66 1.66 1.37 1.37 0.22 0.24 + 0.19 0.20 + 0.07 0.07 unch 0.08 0.08 0.26 0.31 + 0.00 0.40 + 0.01 0.01 0.09 0.11 + 1.28 1.43 + 0.07 0.08 + 0.09 0.10 + 0.00 0.00 + 0.00 0.05 + 0.05 0.08 + 0.08 0.09 + 0.10 0.11 + 0.08 0.10 0.12 0.12 0.13 0.19 + 0.01 0.01 0.10 0.10 0.12 0.13 unch 0.04 0.05 0.01 0.01 + 0.16 0.17 0.19 0.21 unch 0.17 0.17 0.00 0.02 0.10 0.11 0.13 0.13 10.93 11.52 + 0.02 0.03 + 0.16 0.16 unch 0.07 0.08 + 0.27 0.29 0.20 0.26 0.04 0.04 unch

955 96 3703 249 1465 333 75 1 67 273 234 2156 179 0 183 67 136 20768 7265 872 372 26 141 15 2304 795 1 149 754 272 1628 574 81 118 44 57 260 729 436 16 61 4570 546 12 578 18 514 46 492 30 47 98 973 1296 122 452 860 105 265 46 108 404 398 65 22861 3 142 41 21 24 2358 356 395 1149 573 111 374 280 1189 794 2010 87 5 376 0 4 1187 889 429 253 75 4309 336 2 287 51 0 39 323 1790 106 558 1 85 526 459 217 19 50 39 99 2352 209 2 77 96 42609 406 42 624 46 267 730 406 66 1730 43 460 20 96580 3 42 215 5471 1763

0.36 0.14 0.18 0.54 0.66 0.07 0.00 0.02 0.03 15.40 1.85 2.13 0.18 0.00 0.16 2.60 3.16 20.87 25.25 0.23 0.21 0.05 0.15 0.14 3.59 2.95 0.08 0.11 0.08 0.07 0.47 0.39 0.27 0.32 0.11 0.43 0.52 0.51 0.62 0.32 0.03 0.17 0.60 0.48 0.17 0.07 0.09 0.12 0.11 0.14 0.19 0.18 0.47 0.42 0.27 0.29 0.60 0.50 0.27 0.22 0.10 0.11 0.37 0.30 5.72 0.07 0.08 0.08 0.05 0.12 0.03 0.13 0.26 0.32 0.31 0.25 0.09 0.04 0.66 0.03 0.05 0.06 0.39 0.09 0.00 0.00 0.19 0.15 0.04 2.10 0.04 9.89 0.22 0.18 0.08 0.03 0.00 0.30 2.00 1.76 0.33 0.41 0.01 0.02 0.20 0.40 0.33 6.87 0.07 0.10 5.39 6.57 0.10 0.00 4.00 4.65 105.84 0.37 0.29 0.21 0.20 4.13 1.08 1.02 0.60 0.33 0.28 0.12 0.08 20.46 0.16 0.24 0.07 0.18 0.15

Stock

0.01 0.02 0.04 0.01 0.01 0.00 0.01 0.01 0.04 0.00 0.01 0.08 0.01 0.01 0.00 0.00 0.02 0.00 0.01 0.00 0.01 0.04 0.00 0.01 0.00 0.01 0.00 0.00 0.00 0.02 0.01 0.00 0.01 0.43 0.01 0.00 0.01 0.01 0.01 0.00

0.26 2.43 1.84 1.05 0.65 0.11 0.16 0.53 0.70 0.04 0.43 1.62 0.10 0.14 0.01 0.08 0.09 0.19 0.25 0.13 0.17 0.55 0.10 0.45 0.62 0.11 0.04 0.42 0.57 0.28 0.05 0.32 0.43 14.32 0.04 0.45 0.19 1.01 0.60 0.06

0.09 1.50 1.21 0.08 0.16 0.03 0.04 0.06 0.09 0.00 0.09 0.79 0.06 0.04 0.00 0.01 0.02 0.07 0.09 0.03 0.05 0.05 0.00 0.07 0.11 0.01 0.00 0.12 0.16 0.09 0.01 0.00 0.11 7.78 0.01 0.14 0.03 0.26 0.00 0.02

0.08 0.01 0.02 0.05 0.06 0.00 0.00 0.01 0.01 0.31 0.02 0.06 0.01 0.00 0.03 0.16 0.21 0.50 0.60 0.02 0.01 0.05 0.01 0.01 0.17 0.16 0.00 0.01 0.01 0.00 0.02 0.02 0.06 0.04 0.00 0.02 0.01 0.00 0.00 0.00 0.00 0.01 0.11 0.06 0.01 0.00 0.01 0.00 0.01 0.00 0.01 0.02 0.04 0.05 0.02 0.05 0.07 0.02 0.02 0.02 0.00 0.00 0.03 0.05 0.17 0.00 0.01 0.00 0.00 0.00 0.01 0.00 0.02 0.03 0.03 0.02 0.01 0.00 0.15 0.00 0.01 0.02 0.00 0.00 0.00 0.00 0.02 0.01 0.00 0.15 0.02 0.02 0.01 0.00 0.01 0.00 0.00 0.04 0.19 0.20 0.03 0.00 0.00 0.00 0.01 0.01 0.00 0.79 0.00 0.01 0.31 0.36 0.01 0.00 0.02 0.16 0.33 0.01 0.01 0.01 0.01 0.10 0.01 0.00 0.05 0.03 0.02 0.02 0.00 2.06 0.00 0.01 0.00 0.01 0.01

0.36 0.15 0.19 0.70 0.88 2.08 0.11 0.04 0.06 29.39 2.40 2.80 0.21 0.23 0.30 5.26 6.50 20.84 25.15 0.30 0.22 0.10 0.37 0.26 4.54 3.68 0.09 0.12 0.22 0.18 0.77 0.60 0.45 0.48 0.16 0.78 0.95 0.68 0.84 0.39 0.07 0.26 0.68 0.52 0.27 0.08 0.11 0.25 0.33 0.22 0.31 0.30 0.47 0.42 0.37 0.50 1.76 1.29 0.40 0.32 0.10 0.12 0.50 2.00 6.64 0.09 0.11 0.10 0.07 0.33 0.10 0.19 0.31 0.37 0.31 0.25 0.20 0.06 1.20 0.04 0.10 0.15 0.50 0.55 0.35 1.00 0.19 0.16 0.15 4.04 0.10 19.59 0.43 0.34 0.25 0.15 0.34 0.40 2.00 1.76 0.35 0.49 0.05 0.06 0.62 0.80 0.61 6.87 0.16 0.27 5.74 6.89 0.32 0.18 5.75 7.61 113.11 0.46 0.36 0.55 0.40 4.47 1.82 1.48 1.11 0.49 0.31 0.15 0.08 22.90 0.20 0.35 0.07 0.27 0.21

0.04 0.03 0.05 0.07 0.12 0.01 0.11 0.01 0.02 12.08 0.85 1.27 0.15 0.07 0.09 0.35 0.49 9.01 11.84 0.08 0.07 0.01 0.12 0.00 0.78 0.67 0.02 0.03 0.05 0.03 0.35 0.28 0.06 0.14 0.05 0.31 0.07 0.10 0.14 0.02 0.01 0.07 0.10 0.08 0.06 0.01 0.02 0.08 0.10 0.04 0.06 0.13 0.03 0.04 0.12 0.15 0.47 0.44 0.05 0.07 0.02 0.03 0.21 0.11 0.56 0.02 0.03 0.05 0.03 0.08 0.03 0.04 0.13 0.18 0.05 0.04 0.08 0.01 0.28 0.01 0.02 0.03 0.10 0.06 0.05 0.07 0.07 0.05 0.01 1.77 0.01 8.21 0.09 0.07 0.02 0.01 0.05 0.06 0.79 0.93 0.21 0.24 0.00 0.01 0.09 0.16 0.12 0.59 0.07 0.08 1.67 2.28 0.06 0.04 2.44 3.30 65.16 0.11 0.08 0.07 0.01 0.45 0.22 0.60 0.50 0.27 0.11 0.06 0.04 4.92 0.06 0.10 0.03 0.05 0.04

CNRP Mng Cobalt Block* Cobalt Block Coeur Mng* Colibri Res* Colibri Res Colombia Crest* Colombia Crest Colonial Coal Comet Inds Commander Res Commander Res* Commerce Res Commerce Res* Compass Gold* Compass Gold Compliance Egy* Comstock Mng* Comstock Mtls Comstock Mtls * Condor Gold* Condor Gold Condor Res* Condor Res Conquest Res Conquest Res * Cons Woodjam CONSOL Energy* CONSOL Energy* Constantine Mt* Constantine Mt Contact Gold* Contact Gold Contact Mnrls* CopAur Min CopAur Min* Copper Fox Mtl* Copper Fox Mtl Copper Lake Rs Copper Mtn Mng* Copper Mtn Mng Copper One * Copperbank Res Copperbank Res* Cordoba Mnls* Cordoba Mnls Core Assets Cornerstone Ca* Cornerstone Ca Corsa Coal * Corsa Coal Cortus Metals Corvus Gold* Corvus Gold Crest Resource Crest Resource* Crestview Expl Cresval Cap Critical Elem* Critical Elem Cross River* Cross River Crown Mining Crown Mining* Cruz Cobalt* Cruz Cobalt CTGX Mining* Currie Rose Rs* Currie Rose Rs CWN M’g Acq Cyntar Venture Cyon Explor Cyon Explor* Cypress Dev* Cypress Dev

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

Dajin Lithium* Dajin Res Dakota Ter Res* Damara Gold Damara Gold* Danakali* Decade Res Decade Res* Deep-South Res Deep-South Res* DeepRock Min Defense Metals* Defense Metals Defiance Silvr* Defiance Silvr Delrand Res Denarius Silv Denison Mines Denison Mines* Desert Gold Desert Gold* Desert Mtn Egy Diamante Min* Diamcor Mng Diamcor Mng* Diamond Disc* Diamond Fields* Diamond Fields Dios Expl Discovery Harb* Discovery Harb Discovery Min* Discovery Silv Discovery Silv* Discovery-Corp District Cop District Cop* District Metal* District Metal District Mines Ditem Explor* Diversified Rs* Dixie Gold DNI Metals* Dolat Ventures* Dolly Vard Sil* Dolly Vard Sil Dore Copper Doubleview Gld Doubleview Gld* DRDGOLD* Dundee Prec Mt Durango Res* Durango Res Duro Metals DV Resources Dynacor Gld Mn Dynacor Gld Mn* DynaResource* Dynasty Gold Dynasty Gold* E2Gold Inc E3 Metals* E3 Metals E79 Resources* E79 Resources Eagle Graphite* Eagle Graphite Eagle Plains East Africa East Africa * EastCoal Inc Eastern Platin* Eastern Platin Eastfield Res Eastfield Res* Eco Oro Min Eco Oro Min* Edgemont Gold Edgewater Expl Edison Cobalt Edison Cobalt* El Capitan Prc* El Nino Vent Elcora Adv Mat Elcora Res* Eldorado Gold* Eldorado Gold Element 29* Eloro Res Eloro Res* Ely Gold Royal Ely Gold Royal* Elysee Dev Elysee Dev * Emerita Res Emerita Res* Emgold Mining Emgold Mining* Eminent Gold

C 0.25 0.12 0.14 0.40 0.53 0.03 0.00 0.00 0.00 14.48 1.26 1.98 0.17 0.00 0.00 2.25 2.70 19.12 23.06 0.19 0.15 0.02 0.14 0.10 3.03 2.50 0.08 0.10 0.07 0.06 0.39 0.31 0.21 0.28 0.09 0.37 0.49 0.45 0.57 0.32 0.01 0.15 0.49 0.00 0.15 0.07 0.08 0.08 0.10 0.14 0.17 0.00 0.29 0.33 0.00 0.22 0.47 0.44 0.23 0.18 0.09 0.10 0.32 0.24 5.19 0.00 0.00 0.07 0.00 0.11 0.03 0.12 0.22 0.27 0.22 0.00 0.08 0.04 0.47 0.02 0.04 0.00 0.00 0.07 0.00 0.00 0.15 0.12 0.04 1.87 0.03 9.37 0.18 0.18 0.06 0.02 0.00 0.00 1.20 1.44 0.28 0.34 0.01 0.00 0.17 0.37 0.31 6.07 0.07 0.10 5.03 6.08 0.09 0.00 3.58 4.30 102.57 0.34 0.00 0.19 0.14 3.82 0.88 0.73 0.00 0.30 0.15 0.00 0.08 17.65 0.00 0.18 0.06 0.14 0.11

0.33 + 0.12 0.16 0.51 + 0.61 + 0.05 + 0.11 unch 0.01 0.03 + 14.72 1.73 + 2.11 + 0.18 + 0.13 unch 0.14 2.54 + 3.06 + 19.97 + 24.11 + 0.20 0.17 0.02 0.15 0.13 + 3.25 2.68 0.08 + 0.11 + 0.08 + 0.06 0.44 + 0.37 + 0.27 + 0.32 + 0.09 unch 0.43 + 0.50 + 0.50 + 0.60 unch 0.32 unch 0.03 + 0.16 + 0.60 + 0.46 + 0.16 0.07 0.08 0.09 0.11 0.14 unch 0.17 0.17 0.33 + 0.40 + 0.21 0.22 0.57 + 0.47 + 0.25 + 0.21 + 0.09 0.11 unch 0.34 + 0.29 + 5.56 + 0.07 + 0.08 0.08 unch 0.05 unch 0.11 0.03 + 0.12 unch 0.24 + 0.30 + 0.27 + 0.22 + 0.09 + 0.04 unch 0.64 + 0.02 unch 0.04 0.03 0.39 unch 0.07 unch 0.06 unch 0.25 unch 0.15 0.13 0.04 + 1.89 0.03 9.82 0.20 + 0.18 0.08 + 0.03 + 0.30 unch 0.30 + 1.42 + 1.69 + 0.30 0.38 unch 0.01 unch 0.02 unch 0.17 0.38 0.31 6.70 + 0.07 unch 0.10 + 5.05 6.10 0.09 0.11 unch 3.83 4.37 103.79 0.34 + 0.29 + 0.19 0.16 + 4.06 + 0.99 0.83 0.55 0.30 0.22 + 0.10 0.08 unch 20.12 + 0.16 unch 0.24 0.06 unch 0.15 + 0.13 +

(100s)

High Low

Exc Volume

Week Last

12-month

High

Low

Change

210 396 331 23145 120 661 85 454 502 4 283 289 355 29 63 143 7 13566 24 1 19 16 119 1135 446 100 742 1883 10335 80 81 496 828 153 375 23 311 845 1031 863 5733 620 577 522 26 21 867 57 154 102 230 440 663 368 3004 655 112 800 140 633 8 246 1629 170 129 1207 150 1 62 0 288 1098 105 1418 2016

0.33 0.07 0.07 10.79 0.12 0.14 0.14 0.18 0.73 3.00 0.24 0.20 0.31 0.25 0.19 0.23 0.00 4.19 0.11 0.03 0.72 0.87 0.20 0.25 0.15 0.11 0.22 15.71 14.19 0.22 0.28 0.10 0.11 0.02 0.93 0.77 0.52 0.63 0.06 3.76 4.40 0.10 0.66 0.52 0.90 1.10 0.14 3.64 4.37 0.33 0.42 0.15 3.11 3.74 0.26 0.22 0.56 0.04 1.19 1.45 0.16 0.19 0.30 0.24 0.08 0.10 0.02 0.02 0.04 0.00 0.83 0.12 0.10 0.89 1.05

0.30 0.31 0.04 0.05 0.06 0.07 unch + 9.76 10.40 + 0.11 0.11 + 0.13 0.14 0.14 0.14 unch + 0.17 0.18 0.66 0.68 3.00 3.00 unch + 0.22 0.24 + 0.20 0.20 + 0.28 0.31 + 0.23 0.25 0.17 0.19 unch 0.00 0.20 0.00 0.00 unch + 3.23 3.80 0.10 0.10 0.03 0.03 + 0.67 0.72 0.80 0.81 0.16 0.18 0.21 0.22 + 0.13 0.14 + 0.00 0.11 0.20 0.20 + 12.96 15.34 13.22 13.62 + 0.21 0.22 0.25 0.26 unch 0.07 0.08 0.00 0.09 0.00 0.01 + 0.80 0.92 + 0.75 0.77 + 0.44 0.50 + 0.54 0.60 0.05 0.05 + 3.25 3.62 + 3.91 4.34 0.07 0.08 + 0.56 0.62 0.47 0.51 0.82 0.83 1.01 1.02 + 0.11 0.12 + 3.00 3.56 + 3.83 4.37 + 0.27 0.33 + 0.36 0.42 + 0.13 0.14 + 2.83 3.11 + 3.42 3.74 + 0.19 0.24 + 0.16 0.20 + 0.45 0.50 0.04 0.04 unch + 0.95 1.16 + 1.23 1.38 + 0.00 0.16 0.16 0.17 + 0.23 0.28 + 0.21 0.23 + 0.07 0.08 0.09 0.10 unch 0.02 0.02 unch 0.02 0.02 unch 0.04 0.04 unch 0.00 0.07 unch + 0.50 0.82 0.10 0.11 0.00 0.09 0.68 0.78 0.83 0.92

487 O 559 V 2453 O 2436 V 302 O 30 O 2267 V 986 O 4256 V 469 O 3216 C 638 O 1674 V 853 O 1210 V 57 V 210 V T 27281 X 64042 305 V 77 O 402 V 43 O 2271 V 2117 O 1875 O 164 O 62 V 462 V 212 O 799 V O 350794 2176 V 1425 O 47 V 1970 V 40 O 147 O 1620 V 22 V 21 O 3 O 257 V 132 O 32 O 684 O 844 V 240 V 5992 V 1436 O 1025 N 3136 T 88 O 1547 V 4 V 447 V 384 T 12 O 5 O 103 V 25 O 217 V 183 O 591 V 56 O 320 C 18 O 104 V 469 V 178 V 0 O 3 V 13 O 151 T 241 V 9 O 20 C 12 O 187 C 813 V 384 V 9 O 3513 O 26 V 332 V 63 O 5293 N 2406 T 408 O 925 V 419 O 529 V 544 O 163 V 101 O V 11147 916 O 1511 V 218 O 11 V

0.07 0.08 1.27 0.13 0.10 0.40 0.05 0.04 0.25 0.21 0.07 0.28 0.30 0.82 0.96 0.09 0.52 1.62 1.34 0.18 0.17 4.40 0.03 0.17 0.15 0.00 0.26 0.31 0.09 0.07 0.10 0.01 2.59 2.15 0.09 0.04 0.03 0.55 0.56 0.33 0.01 0.00 0.29 0.01 0.20 0.69 0.83 1.08 0.91 0.80 12.75 9.10 0.07 0.09 0.24 0.16 2.98 2.39 0.93 0.20 0.17 0.12 1.94 2.39 0.28 0.33 0.15 0.18 0.18 0.32 0.26 0.15 0.30 0.40 0.09 0.09 0.07 0.06 0.24 0.22 0.18 0.16 0.02 0.05 0.07 0.07 12.21 14.80 0.41 5.40 4.63 1.07 0.90 0.78 0.64 1.00 0.83 0.08 0.06 0.98

High Low

0.02 0.01 0.00 0.58 0.01 0.01 0.00 0.01 0.05 0.00 0.03 0.00 0.02 0.01 0.00 0.03 0.00 0.45 0.01 0.05 0.06 0.06 0.02 0.03 0.01 0.00 0.01 2.00 0.47 0.01 0.00 0.01 0.01 0.00 0.05 0.02 0.02 0.02 0.01 0.32 0.34 0.02 0.01 0.00 0.08 0.08 0.01 0.36 0.51 0.02 0.05 0.01 0.18 0.21 0.03 0.04 0.04 0.00 0.12 0.12 0.02 0.02 0.02 0.03 0.00 0.00 0.00 0.00 0.00 0.00 0.24 0.01 0.01 0.03 0.06

0.82 0.14 0.17 12.60 0.12 0.15 0.35 0.44 0.94 3.25 0.32 0.21 0.50 0.39 0.23 0.32 0.00 9.85 0.14 0.17 2.59 1.40 0.50 0.44 0.36 0.26 0.30 15.48 15.89 0.27 0.35 0.20 0.28 0.05 0.96 0.76 0.53 0.66 0.07 4.20 5.07 0.60 0.82 0.65 1.70 2.21 0.20 5.00 6.53 0.40 0.51 0.35 3.29 4.26 0.26 0.22 2.53 0.16 1.28 1.63 1.22 0.50 0.36 0.29 0.14 0.18 0.20 0.04 0.06 0.08 0.65 0.38 0.17 2.00 2.45

0.21 0.02 0.04 4.33 0.03 0.05 0.08 0.11 0.43 2.00 0.08 0.06 0.18 0.13 0.14 0.17 0.00 0.52 0.06 0.01 0.03 0.55 0.00 0.08 0.06 0.10 0.04 3.66 7.97 0.10 0.14 0.06 0.09 0.01 0.11 0.11 0.05 0.08 0.01 0.33 0.47 0.05 0.14 0.12 0.74 0.96 0.07 2.06 2.97 0.12 0.16 0.12 1.71 2.17 0.06 0.07 0.29 0.02 0.18 0.23 0.01 0.15 0.03 0.02 0.02 0.03 0.00 0.02 0.03 0.03 0.17 0.10 0.08 0.14 0.18

0.01 0.01 0.09 0.01 0.01 0.01 0.00 0.00 0.04 0.03 0.02 0.01 0.02 0.03 0.01 0.01 0.03 0.09 0.09 0.01 0.02 0.06 0.00 0.06 0.05 0.00 0.02 0.02 0.00 0.01 0.01 0.00 0.10 0.11 0.01 0.01 0.00 0.02 0.02 0.13 0.00 0.00 0.04 0.00 0.01 0.00 0.01 0.03 0.12 0.09 0.50 0.11 0.00 0.00 0.00 0.04 0.24 0.33 0.04 0.02 0.01 0.00 0.06 0.09 0.01 0.01 0.00 0.02 0.01 0.00 0.02 0.00 0.01 0.03 0.01 0.01 0.01 0.00 0.01 0.00 0.01 0.01 0.00 0.01 0.01 0.01 0.07 0.09 0.07 0.41 0.39 0.00 0.01 0.08 0.02 0.10 0.08 0.00 0.00 0.00

0.16 0.20 1.30 0.20 0.16 0.47 0.14 0.10 0.30 0.23 0.09 0.59 0.75 0.91 1.07 0.33 0.69 2.29 1.81 0.35 0.26 4.59 0.05 0.16 0.13 0.01 1.00 1.25 0.24 0.13 0.16 0.04 2.84 2.15 0.12 0.05 0.04 0.55 0.59 0.36 0.02 0.03 0.41 0.09 0.51 0.91 1.17 1.33 0.91 0.80 18.05 10.73 0.13 0.18 0.27 0.20 2.98 2.49 1.10 0.35 0.19 0.24 4.22 5.37 0.73 0.95 0.28 0.38 0.19 0.58 0.39 0.15 0.43 0.57 0.10 0.09 0.10 0.07 0.31 0.27 0.25 0.19 0.02 0.07 0.19 0.16 14.49 18.90 0.41 5.88 4.65 2.09 1.54 0.78 0.68 1.00 0.83 0.16 0.12 1.05

0.01 0.02 0.15 0.03 0.03 0.22 0.04 0.02 0.07 0.13 0.01 0.10 0.14 0.13 0.18 0.07 0.42 0.41 0.30 0.12 0.09 0.34 0.01 0.06 0.05 0.00 0.06 0.09 0.06 0.03 0.05 0.00 0.67 1.68 0.06 0.01 0.01 0.17 0.19 0.12 0.00 0.00 0.14 0.00 0.03 0.30 0.41 0.57 0.10 0.06 8.50 6.49 0.05 0.06 0.13 0.07 1.63 1.20 0.42 0.06 0.05 0.10 0.18 0.26 0.07 0.02 0.02 0.03 0.11 0.09 0.07 0.09 0.17 0.23 0.03 0.02 0.05 0.03 0.10 0.06 0.03 0.12 0.00 0.03 0.03 0.02 7.79 10.43 0.32 0.37 0.25 0.78 0.61 0.31 0.21 0.05 0.05 0.06 0.04 0.22

D-F + 0.05 0.07 + 0.07 0.08 0.88 1.17 + 0.13 0.10 + 0.09 0.10 0.38 0.39 0.04 0.05 unch 0.03 0.04 0.21 0.21 0.18 0.18 + 0.04 0.07 0.22 0.23 0.27 0.28 0.72 0.75 0.87 0.92 + 0.00 0.09 + 0.43 0.52 + 1.35 1.51 + 1.12 1.25 + 0.16 0.18 + 0.12 0.15 4.00 4.07 0.03 0.03 unch + 0.10 0.17 + 0.09 0.14 0.00 0.00 unch + 0.21 0.23 + 0.26 0.29 0.08 0.08 unch + 0.07 0.07 + 0.08 0.10 0.01 0.01 + 2.24 2.45 + 1.91 2.05 0.08 0.08 0.03 0.03 + 0.03 0.03 0.37 0.40 0.45 0.48 + 0.21 0.33 0.00 0.00 0.00 0.00 unch + 0.24 0.28 + 0.01 0.01 0.13 0.19 + 0.58 0.64 + 0.74 0.77 1.01 1.02 0.60 0.61 0.50 0.51 + 12.03 12.74 8.64 8.81 0.06 0.06 unch 0.08 0.09 unch 0.24 0.24 unch + 0.10 0.15 2.41 2.58 0.00 2.04 + 0.61 0.93 + 0.19 0.20 + 0.16 0.17 0.11 0.12 unch + 1.63 1.80 + 1.96 2.18 + 0.22 0.26 + 0.28 0.31 0.00 0.15 unch 0.16 0.17 + 0.16 0.18 0.00 0.32 unch 0.00 0.26 0.00 0.15 unch 0.00 0.29 0.35 0.36 0.08 0.08 0.06 0.06 0.06 0.07 0.05 0.05 0.22 0.23 0.22 0.22 unch + 0.00 0.18 + 0.00 0.15 0.01 0.01 0.05 0.00 + 0.07 0.07 + 0.05 0.06 + 11.63 11.88 + 14.06 14.35 + 0.34 0.41 4.74 4.81 3.93 3.96 1.01 1.05 unch 0.83 0.86 + 0.69 0.77 + 0.00 0.60 + 0.70 0.80 + 0.57 0.67 0.07 0.07 unch 0.05 0.05 0.00 0.87 unch

GLOBAL MINING NEWS

(100s) Stock

Exc Volume

THE NORTHERN MINER / JUNE 7–20, 2021

Week High

Low 0.00 3.35 4.07 0.05 0.06 1.42 27.84 23.16 6.89 8.16 0.27 0.32 0.19 0.16 7.01 5.80 0.07 0.05 0.04 0.04 0.61 0.80 9.10 10.92 0.07 0.08 0.24 0.16 0.32 0.38 0.00 0.13 26.11 20.20 0.07 0.08 0.08 2.14 2.40 0.15 0.15 0.21 0.00 0.30 0.44 0.40 0.33 0.04 0.00 0.00 0.00 0.00 0.35 0.29 0.09 0.08 0.00 0.07 0.36 2.84 3.43 0.50 0.64 0.00 1.03 7.13 9.00 0.16 0.13 0.42 0.33 0.09 0.06 0.14 0.14 0.17 0.68 0.15 0.15 0.09 0.11 8.87 7.38 0.10 0.09 0.94 1.18 0.25 0.22 0.19 0.21 0.65 0.78 0.27 0.32 0.27 0.22 20.45 16.91 0.30 0.37 0.51 27.02 0.69 0.57 0.11 0.09 0.48 0.58 0.05 0.04 0.09 0.00 0.06 0.07 0.08 0.14 2.06 1.74 0.85 0.21 16.42 7.85 6.51 0.00 0.50 0.14 0.11 0.39 0.32 1.38 0.00 0.46 0.43 0.00 0.53 0.64 148.20 179.01 0.03 0.72 0.00 0.33 40.45 0.21 0.03 12.26 0.81 0.03 0.27 0.00 1.58 1.38 0.07 0.09

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

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

1 463 26 131 189 797 4599 165 17287 2911 47 1013 3646 1974 6878 24239 191 0 1449 84 333 393 5322 3235 10 359 3255 1680 210 844 64 207 680 10 220 718 718 732 1185 443 265 548 20 85 180 591 165 5 46 13 0 39 555 201 25 2770 29 3 368 220 233 445 1850 31 1489 2 3 3235 943 253 52 386 301 1209 558 4451 653 418 410 16 100 1620 754 489 207 232 553 1295 433 2 127 26 230 1716 2174 308 35 3345 18070 2559 2923 345 10694 392 630 484 543 2428 7124 655 140 50 43 270 805 3751 1538 5275 341 414 244 27 4505 16331 54 18 610 309 1341 1735 507 0 81 5 18 45 412 1781 2284 403 1646 25 234 93143 665 5611 288 735 119 189 55 822 1296 1178 1305

0.87 3.56 4.36 0.06 0.07 1.54 29.43 26.07 7.45 9.00 0.35 0.42 0.23 0.19 8.61 7.12 0.07 0.05 0.06 0.05 0.70 0.83 9.52 11.49 0.07 0.09 0.30 0.24 0.35 0.41 0.13 0.16 28.30 25.99 0.07 0.09 0.09 2.49 3.00 0.22 0.20 0.24 0.25 0.31 0.50 0.44 0.36 0.05 0.06 0.16 0.00 0.11 0.41 0.40 0.10 0.11 0.08 0.07 0.40 3.08 3.73 0.57 0.70 0.10 1.35 7.87 9.50 0.18 0.16 0.45 0.37 0.10 0.08 0.15 0.16 0.20 0.85 0.23 0.28 0.10 0.11 9.99 8.53 0.13 0.12 1.05 1.26 0.32 0.29 0.20 0.29 0.69 0.84 0.30 0.35 0.33 0.27 22.02 18.17 0.33 0.39 0.66 30.57 0.76 0.70 0.13 0.11 0.54 0.65 0.05 0.05 0.09 0.10 0.06 0.08 0.10 0.17 2.63 2.15 0.96 0.30 17.50 8.44 7.00 0.85 0.77 0.15 0.12 0.44 0.40 1.54 0.00 0.54 0.43 0.64 0.53 0.68 151.17 183.04 0.04 0.79 0.32 0.37 43.12 0.23 0.04 13.17 0.90 0.04 0.43 0.33 1.75 1.47 0.09 0.12

G2 Goldfields* G2 Goldfields Gabriel Res* Gabriel Res Gaia Metals* Gaia Metals Galane Gold * Galane Gold Galantas Gold Galantas Gold* Galiano Gold Galiano Gold* Galleon Gold* Galleon Gold Galway Gold * Galway Gold Galway Mtls* Galway Mtls Gambier Gold* Gambier Gold Garibaldi Res * Garibaldi Res Gatling Explor Gatling Explor* Gatos Silver Gatos Silver* General Gold

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

186 278 71 777 130 877 498 993 138 62 302 3516 615 2234 32 216 176 396 26 206 133 238 333 108 137 3330 355

0.47 0.58 0.22 0.28 0.08 0.10 0.25 0.27 0.89 0.78 1.65 1.37 0.10 0.12 0.14 0.17 0.88 1.07 0.26 0.27 0.47 0.46 0.44 0.37 20.73 17.15 0.47

Last

12-month Change

0.87 unch 3.50 4.22 unch 0.05 0.06 unch 1.49 29.00 + 24.00 + 7.44 + 8.99 + 0.27 0.32 0.23 + 0.19 + 7.82 + 6.49 + 0.07 unch 0.05 unch 0.05 0.04 0.70 + 0.83 + 9.31 + 11.22 + 0.07 unch 0.08 0.25 + 0.22 + 0.33 + 0.40 + 0.11 0.14 + 28.10 + 23.31 + 0.07 0.08 0.08 2.25 + 2.77 + 0.16 0.19 + 0.22 + 0.25 0.31 unch 0.50 + 0.41 0.35 0.05 + 0.06 unch 0.15 0.18 unch 0.11 + 0.39 + 0.33 + 0.09 unch 0.10 + 0.08 unch 0.07 unch 0.39 2.91 3.50 0.56 + 0.67 + 0.09 1.12 + 7.87 + 9.50 + 0.18 + 0.15 + 0.44 0.35 0.10 + 0.08 unch 0.15 + 0.14 0.18 0.74 + 0.21 0.27 + 0.09 unch 0.11 unch 9.26 7.60 0.12 + 0.11 unch 0.99 1.23 + 0.31 + 0.26 + 0.19 + 0.26 + 0.65 0.78 0.27 0.33 0.30 0.24 21.47 + 17.78 + 0.32 + 0.39 + 0.55 30.05 + 0.71 0.57 0.12 unch 0.10 + 0.51 + 0.61 + 0.05 unch 0.04 0.09 unch 0.10 unch 0.06 unch 0.08 + 0.10 + 0.16 + 2.48 + 2.07 + 0.93 + 0.30 + 17.25 + 8.39 + 6.95 + 0.82 + 0.70 0.15 + 0.12 + 0.42 + 0.35 1.42 0.52 unch 0.54 unch 0.43 unch 0.60 0.53 unch 0.66 149.61 180.71 0.04 + 0.73 0.29 0.35 42.72 + 0.23 + 0.04 + 12.83 + 0.87 + 0.04 unch 0.43 + 0.33 + 1.74 + 1.45 + 0.09 + 0.12 +

Stock

0.00 0.01 0.00 0.00 0.00 0.01 0.58 0.45 0.41 0.52 0.08 0.08 0.02 0.01 0.49 0.42 0.00 0.00 0.01 0.01 0.02 0.01 0.11 0.12 0.00 0.01 0.02 0.03 0.00 0.01 0.01 0.01 0.94 0.81 0.01 0.01 0.01 0.15 0.19 0.04 0.01 0.01 0.00 0.00 0.05 0.01 0.00 0.01 0.00 0.01 0.00 0.01 0.05 0.02 0.00 0.02 0.00 0.00 0.01 0.02 0.06 0.02 0.02 0.01 0.02 0.39 0.50 0.02 0.01 0.01 0.01 0.01 0.00 0.01 0.01 0.02 0.03 0.01 0.02 0.00 0.00 0.47 0.60 0.02 0.00 0.01 0.03 0.04 0.03 0.01 0.04 0.04 0.06 0.01 0.02 0.03 0.03 0.39 0.31 0.02 0.02 0.03 2.71 0.03 0.05 0.00 0.01 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.02 0.39 0.34 0.05 0.05 0.09 0.36 0.30 0.04 0.07 0.01 0.00 0.01 0.00 0.02 0.00 0.00 0.00 0.04 0.00 0.02 0.42 0.20 0.01 0.04 0.01 0.01 1.85 0.01 0.01 0.26 0.02 0.00 0.17 0.11 0.03 0.03 0.02 0.03

0.87 3.81 4.83 0.10 0.12 1.63 39.21 30.33 7.39 8.94 0.35 0.44 0.38 0.28 9.75 7.83 0.21 0.11 0.08 0.05 0.71 0.85 13.66 17.99 0.27 0.37 0.33 0.25 0.55 0.71 0.19 0.25 29.76 25.99 0.10 0.15 0.15 2.49 3.14 0.92 0.28 0.37 0.34 0.48 0.85 0.63 0.49 0.16 0.24 0.39 0.60 1.02 0.95 0.71 0.90 0.23 0.15 0.11 0.62 3.90 6.15 0.94 1.19 0.20 1.35 8.34 10.50 0.40 0.60 0.60 0.72 0.25 0.19 0.17 0.24 0.31 0.85 0.56 0.63 0.11 0.17 10.00 8.53 0.15 0.26 1.33 1.75 0.33 0.29 0.22 0.26 0.97 1.31 0.37 0.46 0.62 0.31 30.75 24.01 0.47 0.60 0.76 35.07 0.76 1.10 0.17 0.13 0.57 0.69 0.07 0.05 0.21 0.27 0.20 0.22 0.28 0.48 2.48 2.11 1.12 0.30 20.40 12.61 9.85 1.56 1.21 0.27 0.22 0.46 0.40 5.34 0.60 0.54 0.43 0.73 0.57 0.94 166.11 222.15 0.15 1.95 0.89 0.84 46.10 0.95 0.17 18.11 1.39 0.04 0.35 0.29 7.78 3.94 0.26 0.33

0.47 1.68 2.30 0.02 0.02 0.20 23.12 18.11 1.76 2.41 0.03 0.05 0.10 0.07 1.91 1.42 0.05 0.04 0.03 0.02 0.25 0.34 7.72 9.76 0.06 0.05 0.06 0.04 0.16 0.22 0.02 0.03 15.55 11.71 0.05 0.06 0.06 0.12 0.17 0.17 0.08 0.11 0.16 0.23 0.06 0.28 0.20 0.00 0.01 0.14 0.10 0.00 0.22 0.00 0.03 0.05 0.02 0.01 0.28 2.20 2.88 0.44 0.60 0.05 0.19 3.02 3.60 0.05 0.07 0.27 0.16 0.06 0.02 0.06 0.03 0.04 0.68 0.15 0.15 0.02 0.03 1.60 1.00 0.04 0.05 0.64 0.92 0.09 0.10 0.02 0.11 0.30 0.40 0.09 0.12 0.13 0.22 11.39 8.37 0.19 0.26 0.10 7.85 0.16 0.11 0.04 0.03 0.14 0.19 0.01 0.01 0.03 0.05 0.05 0.01 0.02 0.11 0.10 0.08 0.12 0.10 8.60 5.19 3.77 0.72 0.10 0.06 0.04 0.08 0.06 1.07 0.37 0.11 0.15 0.06 0.04 0.14 105.62 133.63 0.00 0.47 0.18 0.28 8.90 0.15 0.03 9.05 0.19 0.01 0.15 0.00 1.44 1.08 0.02 0.03

0.11 0.13 0.00 0.03 0.00 0.02 0.01 0.01 0.04 0.05 0.02 0.02 0.01 0.01 0.02 0.04 0.06 0.05 0.00 0.01 0.01 0.02 0.01 0.01 1.12 0.85 0.04

0.87 1.20 0.44 0.59 0.13 0.18 0.30 0.41 0.89 0.78 2.80 2.12 0.14 0.20 3.95 0.39 1.57 2.09 0.29 0.36 0.62 0.83 0.86 0.70 31.08 24.00 0.50

0.25 0.35 0.15 0.20 0.06 0.08 0.09 0.13 0.22 0.16 1.28 1.01 0.04 0.06 0.07 0.11 0.30 0.40 0.05 0.06 0.20 0.39 0.40 0.33 7.77 5.78 0.16

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

G-H 0.35 0.46 0.45 0.58 0.20 0.21 0.22 0.28 0.07 0.08 0.00 0.10 0.20 0.20 0.24 0.24 0.67 0.84 0.57 0.63 1.55 1.60 1.29 1.33 0.09 0.09 0.11 0.11 0.10 0.12 0.00 0.17 0.78 0.81 0.98 0.98 0.21 0.22 0.24 0.26 0.35 0.35 0.43 0.43 0.42 0.43 0.00 0.36 18.60 20.62 15.37 17.04 0.36 0.40

+ + + + + + + + + + + + +

(100s)

High Low

Exc Volume T 1377 O 308 O 24 C 344 V 408 O 103 C 10 V 1069 O 185 V 1571 O 328 C 550 V 92 V 974 O 396 O 3 V 144 O 4 V 218 V 653 O 751 V 443 O 26 O 61 V 317 V 38 O 0 V 43 V 425 O 149 O 1 V 324 O 586 O 2466 O 698 T 1901 O 1262 V 1020 O 21 V 95 O 6 O 106 C 435 O 0 O 29 T 793 O 405 V 506 O 5765044 O 126 C 501 V 10 T 2690 C 98 O 2 C 99 V 337 O 334 N 36573 O 568 V 1666 C 86 V 1800 O 2 C 445 O 890 V 1104 C 220 O 59 V 25 X 3090 X 486 X 3511 T 344 V 590 C 627 V 146 O 164 V 2 O 1 V 160 V 1366 O 594 V 299 O 206 O 601 C 1181 O 0 V 1304 V 1938 O 773 V 0 V 225 O 7 C 1055 C 855 X 3440 T 106 O 41 V 67 V 4772 V 537 V 36 T 119 O 2 X 3121 O 6 V 2349 O 1087 V 29 O 29 V 83 O 11 O 151 T 25 O 354 O 3 V 157 T 1357 V 216 O 11 V 222 V 481 C 288 O 134 O 142 C 41 O 75 O 602 V 1189 V 95 O 5 O 265 V 908 V 1229 V 2017 O 1183 V 69 O 19 O 0 V 258 O 550 V 1856 T 3046 O 316 V 624 O 316 O 547 V 1512 O 447 V 789 O 84 V 53 O 426 V 2564 C 1956 V 280 O 123 V 612 O 91 T 2642 X 34868 V 665 O 295 V 868 O 62 C 322 V 75 V 52 V 300 O 2561 V 35 C 10 O 2 V 84 O 77 O 289 V 594 V 80 V 188 O 1531 V 1524 O 7 V 596 V 50

Week High 1.16 0.97 0.67 0.80 0.21 0.17 0.20 0.23 0.41 0.49 0.58 0.65 0.09 0.16 0.13 0.14 0.20 0.10 0.12 0.40 0.38 0.10 0.08 0.43 0.49 0.23 0.23 0.28 0.21 0.17 0.05 0.06 4.62 9.12 2.94 3.23 0.34 0.41 0.28 0.32 0.94 0.10 0.12 0.00 1.23 1.49 0.36 0.45 0.00 0.04 0.05 0.24 2.75 0.18 0.02 0.39 0.44 0.35 12.42 0.13 0.16 0.45 0.42 0.19 0.23 2.03 2.47 0.15 1.54 1.85 2.83 5.12 0.63 0.76 3.73 0.15 0.09 0.07 0.13 0.10 0.02 0.14 0.11 0.17 0.15 0.00 0.14 0.00 0.13 0.09 0.09 0.00 0.44 0.35 0.33 0.45 0.77 0.95 0.13 0.14 0.26 4.95 0.14 4.26 2.85 3.53 0.66 0.49 0.40 6.75 5.58 0.08 0.56 0.03 0.04 0.44 0.25 0.29 2.29 0.34 0.31 0.19 0.25 0.05 0.04 0.06 0.21 0.00 0.11 0.13 0.15 0.11 0.76 0.92 0.32 0.31 0.26 0.28 0.24 0.00 0.09 0.68 0.82 5.41 4.54 0.16 0.14 0.50 0.61 0.21 0.26 1.16 1.38 1.16 1.33 0.90 0.61 13.85 16.81 0.01 1.04 0.90 0.17 0.36 0.23 0.06 0.07 0.07 0.78 0.15 0.08 0.19 0.20 0.15 0.24 0.23 0.05 0.07 0.16 0.18 0.42 0.48 0.03 0.33 0.14

Low

Last

12-month Change

1.07 1.14 + 0.79 0.94 + 0.00 0.58 0.63 0.69 0.19 0.19 0.15 0.16 0.19 0.20 0.21 0.21 0.29 0.32 0.36 0.38 0.49 0.51 + 0.57 0.62 + 0.08 0.08 + 0.14 0.14 0.12 0.12 0.00 0.14 unch 0.00 0.20 + 0.00 0.10 0.10 0.12 + 0.36 0.37 + 0.29 0.31 + 0.09 0.09 unch 0.06 0.08 + 0.37 0.39 + 0.42 0.49 + 0.17 0.22 + 0.23 0.23 unch 0.28 0.28 unch 0.19 0.20 0.15 0.16 0.05 0.05 unch 0.05 0.06 + 4.27 4.60 + 8.51 9.05 + 2.50 2.65 + 3.01 3.19 + 0.25 0.33 + 0.32 0.40 + 0.21 0.21 0.29 0.32 + 0.00 0.94 0.08 0.09 0.11 0.11 unch 0.00 0.13 unch 1.00 1.17 unch 1.23 1.44 unch 0.25 0.33 + 0.31 0.40 + 0.00 0.00 0.02 0.04 + 0.04 0.05 + 0.21 0.22 + 2.53 2.71 + 0.16 0.18 + 0.02 0.02 unch 0.34 0.36 + 0.38 0.43 + 0.30 0.34 11.86 12.11 + 0.11 0.13 + 0.15 0.15 0.40 0.44 0.33 0.39 0.08 0.19 + 0.17 0.23 + 1.72 2.00 + 2.08 2.45 + 0.13 0.15 + 1.40 1.49 + 1.65 1.85 + 2.75 2.78 4.85 4.98 + 0.60 0.61 0.72 0.73 3.48 3.63 0.00 0.12 0.00 0.09 + 0.05 0.06 0.00 0.13 unch 0.10 0.10 unch 0.02 0.02 unch 0.10 0.12 + 0.08 0.10 + 0.17 0.17 + 0.14 0.15 + 0.00 0.00 0.11 0.11 0.00 0.10 unch 0.13 0.13 unch 0.07 0.09 + 0.06 0.07 + 0.00 0.22 unch 0.39 0.42 + 0.34 0.35 + 0.25 0.27 0.38 0.43 + 0.70 0.74 0.84 0.87 0.13 0.13 unch 0.13 0.13 0.15 0.22 + 4.40 4.60 0.00 0.13 + 3.90 3.97 2.30 2.50 unch 3.22 3.29 0.33 0.66 + 0.41 0.45 + 0.34 0.38 + 6.40 6.45 5.30 5.34 0.07 0.08 + 0.05 0.05 0.03 0.03 0.00 0.04 + 0.32 0.44 + 0.24 0.24 0.27 0.29 + 2.03 2.16 + 0.32 0.32 0.22 0.31 + 0.18 0.19 + 0.23 0.25 + 0.04 0.05 unch 0.00 0.03 0.05 0.06 + 0.18 0.18 0.00 0.15 unch 0.08 0.10 0.12 0.12 unch 0.14 0.15 + 0.11 0.11 unch 0.63 0.70 + 0.75 0.84 + 0.23 0.29 + 0.28 0.31 + 0.23 0.25 + 0.00 0.28 unch 0.24 0.24 + 0.00 0.07 unch 0.08 0.08 0.59 0.59 0.71 0.71 5.07 5.21 4.20 4.32 0.00 0.15 unch 0.12 0.13 + 0.44 0.49 + 0.53 0.60 + 0.17 0.21 + 0.19 0.25 + 1.05 1.10 1.29 1.36 unch 1.00 1.09 + 1.16 1.33 + 0.73 0.81 + 0.52 0.60 + 11.84 13.83 + 14.26 16.81 + 0.00 0.01 + 0.83 0.88 0.69 0.72 0.06 0.12 + 0.24 0.34 + 0.21 0.21 0.04 0.05 0.06 0.07 0.00 0.06 0.00 0.77 + 0.00 0.14 0.07 0.08 + 0.17 0.19 + 0.18 0.18 0.00 0.15 0.22 0.23 unch 0.18 0.19 0.05 0.05 + 0.05 0.06 unch 0.00 0.14 unch 0.16 0.18 + 0.31 0.34 0.40 0.41 0.03 0.03 unch 0.24 0.32 0.00 0.14 +

0.06 0.04 0.03 0.04 0.01 0.00 0.01 0.03 0.07 0.09 0.03 0.05 0.01 0.02 0.02 0.00 0.02 0.01 0.01 0.02 0.01 0.00 0.02 0.01 0.07 0.03 0.00 0.00 0.02 0.01 0.00 0.01 0.19 0.33 0.04 0.07 0.06 0.08 0.06 0.02 0.56 0.00 0.00 0.00 0.00 0.00 0.07 0.09 0.00 0.02 0.01 0.02 0.13 0.01 0.00 0.01 0.01 0.01 0.08 0.00 0.01 0.01 0.01 0.05 0.05 0.23 0.32 0.02 0.06 0.19 0.03 0.05 0.01 0.02 0.02 0.01 0.01 0.00 0.00 0.00 0.00 0.03 0.02 0.01 0.00 0.00 0.02 0.00 0.00 0.01 0.01 0.00 0.02 0.02 0.04 0.05 0.03 0.04 0.00 0.01 0.05 0.30 0.02 0.22 0.00 0.16 0.33 0.03 0.04 0.17 0.16 0.01 0.02 0.00 0.01 0.14 0.00 0.01 0.04 0.01 0.05 0.01 0.01 0.00 0.01 0.01 0.03 0.00 0.00 0.00 0.01 0.00 0.06 0.09 0.04 0.02 0.01 0.00 0.00 0.00 0.01 0.04 0.06 0.10 0.08 0.00 0.01 0.03 0.06 0.04 0.04 0.01 0.00 0.05 0.09 0.03 0.01 1.73 2.16 0.00 0.14 0.13 0.03 0.07 0.01 0.00 0.01 0.01 0.32 0.01 0.00 0.02 0.02 0.02 0.00 0.00 0.00 0.00 0.00 0.02 0.04 0.05 0.00 0.01 0.04

High Low 1.20 0.98 0.67 0.80 0.40 0.38 0.32 0.25 0.47 0.60 0.58 0.69 0.11 0.31 0.24 0.29 0.45 0.22 0.30 2.44 1.84 0.21 0.14 0.70 0.87 0.23

0.39 0.22 0.28 0.09 0.16 0.14 0.16 0.09 0.10 0.13 0.15 0.19 0.02 0.14 0.11 0.05 0.07 0.06 0.08 0.17 0.12 0.07 0.01 0.09 0.12 0.10

0.46 0.48 0.37 0.09 0.12 4.94 9.48 2.94 3.33 1.52 1.93 0.28 0.35 2.70 0.21 0.27 0.80 1.23 1.49 0.33 0.40 0.00 0.12 0.16 0.35 2.88 0.60 0.33 0.50 0.71 0.56 14.90 0.23 0.23 0.95 0.76 0.52 0.75 2.23 2.73 0.30 2.02 2.70 5.04 5.35 1.14 1.50 4.62 0.35 0.14 0.11 0.18 0.11 0.05 0.16 0.13 0.22 0.20 0.01 0.26 0.14 0.20 0.38 0.32 0.44 0.50 0.35 0.72 0.70 1.30 1.65 0.25 0.36 0.31 5.44 0.20 6.89 3.49 5.20 5.10 0.65 0.60 8.32 6.43 0.12 1.10 0.07 0.10 0.87 0.25 0.33 3.85 1.14 0.86 0.20 0.50 0.08 0.05 0.10 0.59 0.43 0.14 0.19 0.30 0.12 0.76 0.94 0.35 0.39 0.32 0.51 0.39 0.08 0.11 0.74 0.95 8.40 6.61 0.34 0.26 0.52 0.68 0.20 0.25 1.89 2.40 1.51 1.84 2.86 0.88 14.62 19.83 0.02 1.47 1.16 0.17 0.73 0.72 0.07 0.10 0.12 1.81 0.26 0.30 0.20 0.35 0.28 0.34 0.27 0.07 0.10 0.20 0.18 0.50 0.51 0.10 0.67 0.20

0.20 0.17 0.13 0.04 0.05 1.85 3.63 0.36 0.48 0.04 0.06 0.11 0.10 0.55 0.03 0.05 0.00 0.25 0.35 0.12 0.12 0.00 0.01 0.03 0.21 0.78 0.16 0.02 0.15 0.05 0.04 6.97 0.03 0.05 0.30 0.24 0.08 0.13 1.06 0.76 0.09 1.17 1.50 2.48 3.39 0.50 0.63 2.20 0.11 0.04 0.02 0.09 0.06 0.02 0.07 0.05 0.14 0.10 0.00 0.10 0.02 0.08 0.06 0.00 0.15 0.16 0.24 0.20 0.12 0.31 0.44 0.10 0.13 0.12 1.05 0.05 3.30 0.17 2.41 0.00 0.08 0.06 5.50 4.92 0.06 0.04 0.01 0.02 0.11 0.12 0.08 1.43 0.30 0.00 0.18 0.15 0.02 0.01 0.01 0.16 0.15 0.07 0.09 0.09 0.10 0.10 0.12 0.03 0.12 0.09 0.25 0.19 0.04 0.05 0.23 0.33 4.95 4.01 0.13 0.09 0.15 0.20 0.08 0.06 0.26 0.36 0.07 0.09 0.30 0.35 7.72 10.35 0.00 0.54 0.38 0.06 0.24 0.06 0.04 0.05 0.02 0.22 0.06 0.05 0.14 0.07 0.05 0.10 0.07 0.03 0.04 0.12 0.04 0.13 0.19 0.01 0.16 0.10

(100s) Stock

Exc Volume

Week High

Low

Last

0.03 0.00 0.54 0.00 0.00 0.12 0.00 0.00 0.00 0.00 0.06 0.40 0.31 0.42 0.07 0.29 0.32 5.12 0.10 0.08 0.00 0.17 0.04 0.10 8.59 0.88 1.06 1.16 0.00 0.30 0.00 0.02 1.00 1.40 0.09 0.12 0.34 0.29 0.03 0.02 2.55 0.09 0.12 0.11 8.46 7.01 0.15 0.13 0.02 0.09 0.32 0.04 2.56 2.10

0.05 0.07 0.54 0.66 0.10 0.12 0.05 0.02 0.04 0.07 0.07 0.41 0.33 0.46 0.08 0.33 0.37 5.16 0.11 0.09 0.15 0.19 0.04 0.10 9.00 0.88 1.07 1.70 0.25 0.31 0.04 0.02 1.20 1.46 0.11 0.13 0.40 0.29 0.03 0.02 2.84 0.11 0.14 0.13 9.14 7.57 0.16 0.13 0.08 0.11 0.48 0.04 2.57 2.14

Gungnir Res* Gungnir Res Gunpoint Expl* Gunpoint Expl Guyana Goldstr* Guyana Goldstr Handa Mining Handa Mining* Handeni Gold* Hanna Capital* Hanna Capital Hannan Metals Hannan Metals* Hanstone Gold Happy Ck Mnrls Harfang Explor* Harfang Explor Harmony Gold* Harte Gold Harte Gold* Harvest Gold* Harvest Gold Hawkeye Gld&Di Hawkmoon Res Hecla Mining* Heliostar Met* Heliostar Met Hemcare Health* Hemlo Expl* Hemlo Expl Heron Res* Highbank Res HighGold* HighGold Highland Copp* Highland Copp Highway 50 Gld Highway 50 Gld* HiHo Silver HiHo Silver* Hochschild Mg* Honey Badger* Honey Badger Horizonte Mnls HudBay Min HudBay Min* Hudson Res Hudson Res* Hunt Mng* Hunt Mng Hybrid Mineral Hylands Intl i-80 Gold i-80 Gold*

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

507 336 9 4 0 19 21 12 1 0 686 246 187 18 258 98 778 29427 3701 1318 83 215 928 365 42343 254 210 74 0 89 0 78 29 127 160 307 113 3 860 149 83 629 1302 380 8508 9877 225 113 133 620 513 5 2139 87

0.05 0.07 0.54 0.66 0.00 0.13 0.05 0.02 0.04 0.00 0.07 0.44 0.35 0.47 0.08 0.33 0.40 5.51 0.11 0.11 0.17 0.20 0.04 0.10 9.06 0.96 1.11 1.85 0.00 0.33 0.00 0.02 1.33 1.49 0.11 0.13 0.40 0.29 0.04 0.04 2.84 0.12 0.14 0.13 9.39 7.77 0.17 0.14 0.10 0.11 0.48 0.04 2.68 2.29

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

O 82 V 102 T 4524 N 14232 O 50 V 279 O 191 O 1143 C 528 V 55 C 189 C 1336 O 69 O 950 V 969 V 1058 O 1 T 225 O 68 O 149 V 1375 O 58 V 185 O 2859 V 252 O 18 V 250 O 105 V 348 C 299 O 44 V 262 V 1339 X 481 V 32 O 20 V 37 O 28 O 194 C 115 O 24 V 29 O 17 C 568 O 213 V 398 V 301 O 785 V 2531 V 150 O 157 O 1240444 X 799 T 54 V 267 O 4 N 725 O 28 T 45 O 61 V 356 V 59 O 15 O 187 V 436 O 83 C 32 V 392 O 35 V 104 O 218 O 5160 T 58681 C 59 O 2246 V 714 O 1 V 27 T 830 O 225 O 28 V 108 O 14 V 34 O 16 V 201 O 21 V 206 V 140 V 1409 O 1618 O 130 C 258 T 1217 O 68 V 1625 V 2 O 84 O 161 V 626 O 4 V 699 O 888 T 8649 O 865 V 38 V 75 O 1 V 102 V 182 C 3 T 55 V 53 O 620 O 681432 V 1041 V 140 V 803 O 118 V 1172 V 2 O 48 O 41 V 195 O 296 V 22069 O 371 V 844

0.03 0.03 4.45 3.69 0.07 0.21 0.17 0.16 0.16 0.03 0.33 0.27 0.21 0.10 0.12 0.79 16.95 5.10 4.39 0.19 0.23 0.31 0.38 0.02 0.15 0.12 0.09 0.09 0.10 0.43 0.03 0.12 4.19 3.48 0.45 0.35 0.23 0.19 0.48 0.57 0.09 0.11 0.40 0.30 2.00 2.24 0.08 0.07 0.03 0.16 0.40 0.00 1.23 1.50 0.17 0.14 28.91 0.38 0.49 0.16 0.17 0.04 0.04 0.50 0.46 1.66 2.00 2.91 1.13 1.24 0.17 7.87 9.49 0.38 0.04 0.06 0.03 0.05 6.95 5.75 0.31 0.38 0.08 0.09 0.07 0.08 0.17 0.22 0.33 0.54 0.45 0.17 0.21 0.91 0.07 0.05 0.74 0.28 0.32 0.40 0.74 0.40 0.51 8.90 7.35 0.37 0.08 0.06 0.49 0.98 0.15 0.20 0.70 3.88 0.00 1.50 0.03 0.22 0.19 0.17 0.22 0.18 0.28 0.32 0.09 0.12 0.50 0.54

12-month Change

High Low

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

0.01 0.01 0.00 0.00 0.00 0.01 0.01 0.01 0.00 0.00 0.00 0.01 0.00 0.01 0.00 0.04 0.05 0.32 0.00 0.00 0.02 0.02 0.01 0.00 0.32 0.03 0.03 0.15 0.00 0.01 0.00 0.00 0.03 0.04 0.00 0.01 0.01 0.00 0.01 0.00 0.08 0.00 0.01 0.00 0.29 0.24 0.00 0.01 0.00 0.01 0.13 0.00 0.06 0.01

0.08 0.10 0.67 0.93 0.16 0.40 0.06 0.04 0.15 0.11 0.16 0.62 0.49 2.94 0.15 0.39 0.62 7.61 0.22 0.16 0.20 0.29 0.05 0.20 9.14 1.30 2.25 2.11 0.81 1.11 0.05 0.03 2.44 3.14 0.12 0.15 0.42 0.32 0.09 0.21 4.35 0.21 0.18 0.20 11.62 9.60 0.38 0.29 0.15 0.20 0.75 0.06 3.05 2.26

0.03 0.04 0.40 0.52 0.07 0.09 0.01 0.00 0.01 0.03 0.03 0.26 0.20 0.39 0.07 0.18 0.22 2.93 0.10 0.08 0.05 0.06 0.01 0.10 2.73 0.10 0.45 0.56 0.25 0.29 0.01 0.01 0.83 1.07 0.02 0.03 0.06 0.04 0.02 0.01 2.22 0.00 0.03 0.06 3.41 2.47 0.08 0.06 0.01 0.04 0.09 0.03 2.26 1.90

0.02 0.02 0.00 0.03 unch 4.26 4.37 + 3.56 3.62 unch 0.07 0.07 unch 0.19 0.20 unch 0.15 0.17 + 0.12 0.12 0.15 0.15 unch 0.03 0.03 unch 0.25 0.30 unch 0.19 0.26 + 0.15 0.21 + 0.08 0.09 0.10 0.11 unch 0.70 0.79 + 0.00 16.90 4.75 4.94 + 3.93 4.08 + 0.16 0.18 + 0.20 0.22 unch 0.21 0.30 0.34 0.37 0.02 0.02 + 0.14 0.14 0.11 0.11 0.08 0.08 unch 0.07 0.07 unch 0.09 0.09 unch 0.34 0.41 + 0.02 0.02 0.10 0.10 3.75 3.86 3.10 3.21 0.00 0.45 + 0.35 0.35 unch 0.23 0.23 unch 0.00 0.19 0.35 0.39 + 0.44 0.47 + 0.09 0.09 unch 0.10 0.10 unch 0.18 0.21 0.23 0.25 + 1.60 1.70 1.96 2.05 0.07 0.08 + 0.06 0.06 unch 0.02 0.02 0.15 0.16 + 0.12 0.13 + 0.00 0.00 + 1.08 1.15 + 1.25 1.38 + 0.15 0.17 + 0.12 0.12 25.63 28.62 + 0.38 0.38 + 0.46 0.49 + 0.13 0.13 0.15 0.16 0.04 0.04 unch 0.00 0.04 + 0.34 0.37 + 0.41 0.45 + 1.55 1.66 + 1.87 2.00 + 2.66 2.83 + 0.92 1.00 1.10 1.21 + 0.02 0.16 7.02 7.38 + 8.49 8.88 + 0.32 0.32 0.03 0.03 0.05 0.05 0.03 0.03 unch 0.04 0.04 6.43 6.46 5.33 5.36 0.00 0.31 0.00 0.37 0.07 0.07 unch 0.00 0.08 0.06 0.07 + 0.08 0.08 unch 0.15 0.15 0.18 0.18 0.33 0.33 unch 0.47 0.53 + 0.38 0.44 + 0.00 0.17 + 0.15 0.20 + 0.86 0.90 + 0.06 0.06 0.04 0.05 + 0.00 0.74 0.23 0.28 + 0.28 0.29 0.33 0.33 0.00 0.74 0.35 0.38 unch 0.43 0.47 + 8.21 8.61 + 6.79 7.12 + 0.00 0.35 unch 0.00 0.07 0.00 0.06 unch 0.39 0.49 + 0.89 0.90 0.15 0.15 unch 0.20 0.20 unch 0.00 0.60 unch 3.55 3.69 + 0.00 0.00 + 1.01 1.31 + 0.03 0.03 0.17 0.19 0.15 0.15 0.15 0.16 + 0.00 0.22 + 0.18 0.18 + 0.24 0.24 0.30 0.30 0.05 0.07 + 0.06 0.09 + 0.38 0.40 0.46 0.48 unch

0.01 0.00 0.02 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.06 0.04 0.00 0.00 0.07 0.05 0.05 0.00 0.01 0.00 0.00 0.01 0.00 0.01 0.01 0.00 0.00 0.00 0.01 0.00 0.01 0.13 0.09 0.02 0.00 0.00 0.00 0.02 0.02 0.00 0.00 0.02 0.02 0.11 0.10 0.01 0.00 0.01 0.01 0.01 0.00 0.07 0.08 0.03 0.02 2.27 0.00 0.02 0.02 0.02 0.00 0.00 0.03 0.03 0.09 0.13 0.14 0.00 0.01 0.01 0.25 0.27 0.05 0.01 0.01 0.00 0.01 0.28 0.22 0.01 0.01 0.00 0.01 0.01 0.00 0.02 0.03 0.00 0.06 0.04 0.03 0.03 0.03 0.01 0.01 0.08 0.02 0.02 0.05 0.00 0.00 0.02 0.16 0.13 0.00 0.01 0.00 0.09 0.06 0.00 0.00 0.00 0.12 0.00 0.22 0.01 0.03 0.03 0.01 0.01 0.01 0.04 0.03 0.03 0.04 0.00 0.00

0.05 0.06 7.07 5.35 0.14 0.37 0.30 0.31 0.42 0.05 0.33 0.48 0.37 0.19 0.25 1.25 21.00 6.25 4.92 0.90 0.24 0.67 0.86 0.05 0.23 0.17 0.13 0.19 0.23 0.63 0.14 0.25 5.90 5.50 0.48 0.36 0.26 0.20 0.78 0.99 0.09 0.12 0.81 1.08 2.52 2.61 0.16 0.13 0.04 0.23 0.40 0.00 2.27 3.07 0.22 0.17 39.19 0.78 1.11 0.26 0.33 0.05 0.04 1.40 0.67 3.36 4.42 3.49 1.13 1.22 0.30 8.03 9.74 0.42 0.09 0.15 0.04 0.08 11.30 9.30 0.38 0.47 0.13 0.21 0.09 0.14 0.17 0.23 0.38 0.55 0.45 1.75 0.30 1.05 0.20 0.18 0.90 0.32 0.41 0.52 2.25 0.96 0.65 8.95 7.35 0.40 0.09 0.06 0.52 1.95 0.30 0.33 1.28 3.88 0.00 1.75 0.06 0.47 0.37 0.24 0.60 0.44 0.29 0.54 0.09 0.12 0.50 0.80

0.01 0.03 3.61 2.86 0.02 0.05 0.03 0.09 0.14 0.01 0.06 0.10 0.07 0.07 0.09 0.51 8.64 1.62 1.19 0.08 0.04 0.20 0.33 0.01 0.05 0.04 0.06 0.04 0.04 0.27 0.00 0.03 3.25 2.65 0.24 0.25 0.09 0.08 0.05 0.08 0.01 0.02 0.05 0.06 0.21 0.26 0.04 0.03 0.01 0.09 0.07 0.00 0.63 0.87 0.04 0.03 7.60 0.27 0.34 0.08 0.10 0.02 0.02 0.13 0.27 1.34 1.71 0.54 0.16 0.22 0.02 2.09 2.86 0.20 0.03 0.05 0.02 0.02 3.05 1.25 0.18 0.25 0.03 0.05 0.03 0.05 0.02 0.02 0.20 0.13 0.08 0.08 0.06 0.62 0.02 0.01 0.43 0.04 0.06 0.11 0.25 0.23 0.21 3.44 2.50 0.18 0.03 0.02 0.32 0.13 0.11 0.14 0.21 2.25 0.00 0.70 0.02 0.04 0.05 0.02 0.10 0.00 0.15 0.18 0.00 0.03 0.38 0.40

I-J-K

(100s) Stock

Exc Volume

Week

12-month

High

Low

0.06 0.06 0.07 0.08 + 0.00 0.13 unch 0.15 0.15 unch 0.12 0.12 unch 9.54 9.79 + 7.87 8.10 + 0.14 0.16 + 0.44 0.44 unch 0.00 0.31 unch 51.88 52.36 43.06 43.33 0.22 0.25 + 0.19 0.21 + 0.07 0.07 + 0.08 0.09 unch 1.60 1.63 0.31 0.32 + 0.37 0.40 + 0.24 0.26 + 0.30 0.31 0.06 0.06 unch 0.00 0.06 unch 0.84 0.89 0.39 0.41 + 1.98 2.07 1.64 1.71 0.02 0.03 + 0.01 0.02 -

Kingman Min* Kingman Min Kings Bay Res Kingsmen Res Kingsmen Res* Kinross Gold Kinross Gold* Kintavar Exp Kiplin Metals Kiplin Metals* Kirkland Lake Kirkland Lake* Klondike Gold Klondike Gold* Klondike Silv* Klondike Silv Kodiak Copper* Kombat Copper* Kombat Copper Kootenay Silvr* Kootenay Silvr Kootenay Zinc Kootenay Zinc* Kore Mining Kutcho Copper * Kuya Silver Kuya Silver* KWG Res KWG Res*

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

62 476 0 30 1 20031 51851 771 4 1 6134 6646 612 363 2271 2103 72 49 1128 1700 1941 398 0 1288 83 1326 1010 2963 78

0.06 0.08 0.00 0.15 0.12 9.94 8.20 0.16 0.44 0.31 53.80 44.47 0.27 0.22 0.10 0.09 1.77 0.34 0.40 0.30 0.32 0.06 0.00 0.94 0.43 2.34 1.94 0.03 0.02

Labrador Gold* Labrador Gold Labrador IMH* Labrador IOR* Labrador IOR Lake Forest Mi* Lake Resources* Lakewood Expl Lara Expl Laramide Res Laredo Res* Largo Res* Largo Res Lasalle Explor* Lasalle Explor Latin Metals Latin Metals* Laurion Mnl Ex Laurion Mnl Ex* Le Mare Gold* Le Mare Gold Leading Edge Leading Edge* Leeta Gold Legion Metals Leo Res* Leocor Gold Lepanto Con Mg* Leviathan Gold Leviathan Gold* Libero Copper Libero Copper* Liberty Gold* Liberty One Li Liberty One Li* Lida Resources* Lido Minerals Lincoln Mng Lion One Mtls Lion One Mtls* Lions Gate Mtl* Lithium Amer Lithium Amer* Lithium Chile Lithium Chile* Lithium Corp* Lithium Energi* Lithium Energi Lithium South* Lithoquest Res* Lithoquest Res LKA Gold* Lode-Star Mg* Lomiko Mtls* Lomiko Mtls Loncor Res* Loncor Res Lone Star Gold* Los Andes* Los Andes Lovitt Res Lucara Diam Lucky Min* Lucky Min Luckystrike * Luckystrike Lumina Gold Lumina Gold* Luminex Res Lundin Gold Lundin Mng* Lundin Mng Lupaka Gold * Lupaka Gold Lydian Intl* Lynas Corp* Lynas Corp*

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

3135 9901 211 30 1235 0 2900 99 177 778 1649 708 884 188 681 25 3 2616 13 4 355 223 292 14968 504 0 457 204 601 88 1154 383 859 42 50 274 3 61 656 424 0 3132 10357 295 692 1160 34 48 238 85 441 23 2 793 3020 63 171 35 0 11 89 597 113 388 13 90 539 394 459 1570 346 16010 22 292 59 334 546

1.09 1.32 0.30 37.51 44.57 0.00 0.21 0.31 0.75 0.54 0.02 14.82 17.90 0.16 0.20 0.16 0.15 0.57 0.45 0.10 0.13 0.28 0.22 3.39 0.25 0.05 0.77 0.00 0.49 0.38 0.70 0.58 1.50 0.61 0.55 0.04 0.26 0.21 1.29 1.10 0.00 18.85 15.60 0.43 0.36 0.37 0.14 0.17 0.51 0.11 0.13 0.12 0.12 0.13 0.14 0.75 0.88 1.45 0.00 8.20 0.22 0.80 0.54 0.07 0.48 0.49 0.83 0.69 0.91 12.69 11.15 13.50 0.05 0.06 0.01 4.35 4.39

Macarthur Min Macarthur Min* MacDonald Mns* MacDonald Mns Madoro Metals* Madoro Metals MAG Silver Magellan Gold* Magna Gold Magna Gold* Magna Mining Magna Terra* Magna Terra Magnum Goldco Majestic Gold* Majestic Gold Major Precious Major Precious* Makara Mining* Makara Mining Makena Res* Mako Mining* Mako Mining Mammoth Res * Mammoth Res Mandalay Res Mandalay Res* Manganese X* Manganese X Mangazeya Mng Mangazeya Mng* Manitou Gold * Manitou Gold Manning Vent Mansa Explor Maple Gold Maple Gold* Marathon Gold* Marathon Gold Margaret Lake Margaret Lake* Marifil Mines* Marifil Mines Marimaca Cop* Marimaca Cop Maritime Res MartinMarietta* Marvel Discov* Marvel Discov Mas Gold Mascota Res* Masivo Silver Masivo Silver* Mason Graphite Mason Graphite* Matachewan Con Matica Ent Matmown* Maverix Metals Maverix Metals* Mawson Res* Mawson Res MAX Res MaxTech Vent MaxTech Vent* Maxwell Res* Mayfair Gold Mazarin McChip Res McEwen Mng* McEwen Mng McLaren Res MDN Inc*

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

484 261 174 1187 130 220 947 1 289 85 765 25 213 328 19 1382 1856 264 81 65 129 729 1922 115 3882 133 26 552 742 21 0 75 1027 165 140 4002 2268 349 2515 3403 58 76 458 1 145 1614 2442 70 1549 400 0 378 81 508 221 2 941 88 401 797 150 590 738 684 22 1 319 22 18 23438 997 50 42

0.46 0.39 0.05 0.06 0.09 0.12 26.00 0.95 1.03 0.85 0.55 0.15 0.19 0.07 0.05 0.07 0.51 0.41 0.30 0.36 1.05 0.39 0.44 0.39 0.21 3.08 2.55 0.32 0.37 0.08 0.00 0.08 0.10 0.25 0.18 0.45 0.38 2.77 3.22 0.10 0.08 0.05 0.07 4.24 5.08 0.23 376.19 0.11 0.12 0.13 0.00 0.13 0.11 0.61 0.50 0.00 0.05 0.01 7.45 6.25 0.23 0.29 0.25 0.07 0.06 0.42 1.74 0.18 0.98 1.49 1.80 0.09 0.78

Last

Change

High Low

0.00 0.01 0.00 0.00 0.00 0.10 0.06 0.02 0.00 0.00 0.16 0.19 0.02 0.01 0.00 0.00 0.04 0.00 0.02 0.00 0.01 0.00 0.00 0.02 0.01 0.05 0.04 0.01 0.00

0.18 0.24 0.30 0.24 0.15 13.59 10.32 0.17 0.45 0.37 76.43 57.69 0.39 0.29 0.26 0.34 2.51 0.37 0.54 0.46 0.54 3.00 0.22 2.01 4.09 3.13 2.47 0.04 0.03

0.06 0.07 0.05 0.11 0.09 7.75 5.88 0.07 0.11 0.01 40.07 31.72 0.19 0.14 0.02 0.03 0.19 0.09 0.11 0.18 0.24 0.06 0.05 0.61 0.07 1.09 0.83 0.01 0.00

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

0.02 0.02 0.00 1.38 1.71 0.00 0.00 0.02 0.05 0.01 0.00 1.38 1.69 0.01 0.02 0.00 0.00 0.07 0.02 0.02 0.04 0.01 0.00 0.20 0.01 0.05 0.14 0.00 0.09 0.04 0.08 0.06 0.03 0.04 0.02 0.01 0.00 0.00 0.01 0.01 0.00 2.39 1.95 0.00 0.00 0.01 0.01 0.01 0.03 0.02 0.02 0.00 0.01 0.00 0.01 0.08 0.08 0.12 0.00 0.55 0.01 0.05 0.00 0.00 0.01 0.01 0.02 0.02 0.07 0.38 0.15 0.15 0.00 0.01 0.00 0.21 0.24

1.09 1.32 0.95 37.88 45.35 6.00 0.50 0.32 1.02 0.60 0.09 18.71 22.96 0.18 0.23 0.24 0.18 0.75 0.61 0.13 0.19 0.45 0.35 7.25 0.42 0.50 1.00 0.01 0.99 0.45 1.08 0.57 1.82 0.90 1.00 0.20 0.30 0.28 2.66 2.00 0.18 36.60 28.75 1.15 0.89 1.22 0.26 0.33 0.92 0.11 0.14 0.20 0.28 0.22 0.28 0.97 1.16 2.33 8.55 11.11 0.60 1.00 0.54 0.27 0.48 0.63 1.19 0.91 1.08 13.00 13.11 16.07 0.07 0.08 0.07 5.37 5.31

0.17 0.19 0.00 15.50 21.27 6.00 0.02 0.25 0.62 0.20 0.00 12.91 7.70 0.10 0.08 0.06 0.04 0.14 0.09 0.03 0.04 0.10 0.06 0.30 0.17 0.00 0.35 0.00 0.36 0.21 0.35 0.32 0.82 0.43 0.01 0.02 0.17 0.10 1.14 0.91 0.11 5.30 3.83 0.12 0.09 0.09 0.05 0.06 0.17 0.03 0.03 0.04 0.05 0.01 0.03 0.35 0.47 0.45 2.66 2.35 0.09 0.42 0.04 0.06 0.18 0.25 0.66 0.48 0.57 9.11 4.45 6.25 0.01 0.02 0.00 1.17 1.20

0.41 0.44 + 0.00 0.36 0.05 0.05 0.06 0.06 + 0.09 0.09 0.10 0.12 + 23.79 25.91 + 0.00 0.95 unch 0.93 1.01 + 0.77 0.85 + 0.45 0.54 + 0.15 0.15 unch 0.17 0.17 unch 0.05 0.07 + 0.00 0.05 + 0.06 0.07 unch 0.43 0.47 0.37 0.37 0.26 0.26 0.32 0.33 unch 0.95 1.01 + 0.32 0.33 0.38 0.41 0.00 0.15 + 0.13 0.18 + 2.78 2.96 + 0.00 2.45 + 0.27 0.30 + 0.32 0.36 + 0.07 0.07 0.00 0.06 unch 0.07 0.08 0.09 0.09 0.20 0.20 0.17 0.18 unch 0.36 0.43 + 0.30 0.35 + 2.43 2.48 2.93 2.98 0.07 0.08 0.07 0.07 0.04 0.05 + 0.06 0.07 + 0.00 3.75 4.28 4.50 0.19 0.21 361.35 363.65 + 0.07 0.09 0.10 0.10 0.12 0.12 0.00 3.24 unch 0.10 0.12 + 0.08 0.10 0.53 0.57 0.44 0.47 0.00 0.19 unch 0.04 0.05 + 0.01 0.01 unch 6.87 6.90 5.67 5.75 0.20 0.21 0.25 0.26 unch 0.23 0.23 unch 0.06 0.06 unch 0.05 0.05 0.00 0.42 + 1.58 1.66 + 0.18 0.18 unch 0.88 0.88 1.34 1.47 + 1.61 1.79 + 0.08 0.09 unch 0.00 0.70 +

0.03 0.02 0.00 0.01 0.03 0.01 1.75 0.00 0.02 0.03 0.09 0.00 0.00 0.01 0.00 0.00 0.05 0.04 0.02 0.00 0.05 0.04 0.03 0.03 0.04 0.12 0.09 0.02 0.02 0.01 0.00 0.01 0.01 0.02 0.00 0.05 0.04 0.10 0.15 0.01 0.01 0.00 0.01 0.05 0.07 0.02 1.11 0.01 0.02 0.01 0.00 0.01 0.01 0.01 0.01 0.00 0.01 0.00 0.40 0.34 0.01 0.00 0.00 0.00 0.01 0.24 0.06 0.00 0.09 0.09 0.14 0.00 0.04

0.70 0.54 0.10 0.15 0.14 0.20 31.21 1.66 1.89 1.46 0.65 0.18 0.48 0.11 0.06 0.08 0.82 0.60 1.27 1.65 1.75 0.50 0.54 0.39 0.21 3.19 2.61 0.85 1.11 0.12 0.09 0.10 0.13 0.72 0.20 0.56 0.42 2.77 3.35 0.13 0.09 0.08 0.11 4.55 5.85 0.24 383.71 0.13 0.15 0.25 3.25 0.25 0.12 1.19 0.94 0.27 0.09 0.10 7.78 6.40 0.44 0.57 0.55 0.12 0.09 1.26 2.15 0.20 0.99 1.60 2.02 0.18 2.00

0.15 0.10 0.04 0.05 0.06 0.08 15.34 0.40 0.61 0.44 0.40 0.09 0.11 0.04 0.02 0.04 0.13 0.17 0.26 0.27 0.22 0.19 0.25 0.00 0.03 1.17 0.74 0.06 0.08 0.06 0.04 0.02 0.04 0.06 0.08 0.07 0.05 0.65 1.50 0.03 0.02 0.02 0.04 1.13 1.25 0.08 188.24 0.01 0.03 0.06 0.51 0.03 0.01 0.15 0.10 0.12 0.02 0.00 5.31 3.90 0.18 0.23 0.09 0.05 0.04 0.01 1.58 0.05 0.40 0.79 1.09 0.04 0.20

L 0.81 0.94 0.26 34.61 41.85 0.00 0.19 0.29 0.67 0.49 0.01 13.05 15.60 0.15 0.16 0.16 0.15 0.50 0.40 0.08 0.09 0.23 0.18 2.76 0.23 0.00 0.60 0.00 0.38 0.21 0.59 0.46 1.37 0.50 0.36 0.03 0.26 0.18 1.22 1.00 0.00 16.05 13.16 0.39 0.31 0.33 0.11 0.16 0.41 0.09 0.11 0.07 0.00 0.09 0.12 0.65 0.78 1.07 0.00 0.00 0.21 0.72 0.05 0.06 0.36 0.45 0.76 0.64 0.81 11.85 10.28 12.59 0.00 0.00 0.01 4.02 4.01

0.93 1.12 0.29 36.73 44.38 6.00 0.21 0.29 0.73 0.52 0.01 14.64 17.68 0.16 0.18 0.16 0.15 0.57 0.45 0.08 0.09 0.25 0.20 3.04 0.25 0.05 0.74 0.00 0.49 0.38 0.68 0.56 1.44 0.55 0.43 0.04 0.26 0.21 1.24 1.02 0.11 18.49 15.30 0.41 0.34 0.34 0.13 0.16 0.43 0.09 0.11 0.12 0.11 0.10 0.13 0.65 0.80 1.26 6.89 7.45 0.21 0.79 0.05 0.07 0.37 0.45 0.78 0.65 0.89 11.97 10.77 12.97 0.05 0.05 0.01 4.30 4.29

WWW.NORTHERNMINER.COM

JUNE 7–20, 2021 / THE NORTHERN MINER

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

Exc Volume

Week Low

2.01 2.25 + 0.23 0.24 0.28 0.30 0.69 0.79 + 0.04 0.04 0.05 0.05 unch 0.00 0.00 0.16 0.16 unch 0.18 0.22 + 0.24 0.26 + 0.33 0.36 0.28 0.30 0.05 0.06 0.07 0.07 0.39 0.40 0.33 0.34 + 0.58 0.70 0.48 0.58 0.00 0.12 unch 0.00 0.12 + 0.05 0.05 + 0.00 0.06 + 0.06 0.07 + 0.06 0.06 unch 0.53 0.59 unch 0.44 0.50 + 0.24 0.24 0.30 0.30 0.03 0.03 0.52 0.52 0.08 0.09 + 0.19 0.20 unch 2.65 3.22 + 2.19 2.21 + 0.14 0.14 0.16 0.17 0.18 0.20 + 0.25 0.30 + 0.08 0.09 + 0.05 0.06 0.04 0.05 + 0.27 0.28 + 0.73 0.76 0.33 0.34 0.29 0.32 + 0.35 0.36 unch 2.29 2.43 2.85 3.02 0.50 0.50 0.07 0.07 0.09 0.09 0.07 0.07 unch 0.40 0.40 0.31 0.35 0.41 0.41 0.50 0.51 0.57 0.57 0.68 0.69 0.09 0.09 unch 0.07 0.08 + 0.24 0.24 unch 0.18 0.18 0.21 0.21 33.00 36.01 + 0.00 0.00 + 0.07 0.07 unch 0.05 0.05 0.00 0.05 0.00 0.00 0.26 0.29 + 0.00 0.07 unch 0.57 0.59 + 0.09 0.13 + 0.48 0.51 0.10 0.10 unch 0.12 0.13 + 0.07 0.08 + 0.09 0.10 + 0.69 0.72 + 0.80 0.87 + 0.37 0.40 + 0.31 0.33 + 0.00 0.24 0.00 0.18 0.90 0.96 + 0.76 0.82 + 0.03 0.03 unch 0.02 0.02 unch 0.01 0.02 unch 0.19 0.22 + 0.19 0.26 0.18 0.19 0.15 0.15 0.14 0.18 + 0.16 0.21 + 34.14 36.14 + 0.11 0.12 + 0.14 0.17 + 0.18 0.21 + 0.40 0.40 0.46 0.48 0.34 0.37 unch 0.19 0.19 0.21 0.23 + 0.07 0.07 unch 0.30 0.31 + 0.08 0.08 0.01 0.06 -

Mechel* Medallion Res* Medallion Res Medaro Mining Medgold Res* Medgold Res Medinah Mnrls* Mega Copper Mega Uranium* Mega Uranium MegaWatt Lith MegaWatt Lith* MegumaGold* MegumaGold Melkior Res Melkior Res* Meridian Mg Meridian Mg * Meryllion Res Meryllion Res* MetalCorp* MetalCorp Metalex Vent Metalex Vent * Metallic Mnrls Metallic Mnrls* Metallica Met* Metallica Met Metallica Min* Metallis Res Metallum Res Metalo Manuf Metalore Res Metalore Res* Metals Creek* Metals Creek Metals X* Metron Capital Mexican Gold* MGX Minerals MGX Minerals* Mich Resources Midland Expl Midnight Star Midnight Sun* Midnight Sun Millennial Lit* Millennial Lit Millennial Pr Millrock Res* Millrock Res Milner Con Slv Minaurum Gold Minaurum Gold* Minco Silver* Minco Silver Minera Alamos * Minera Alamos Minera IRL Minera IRL* Mineral Hill Mineral Mtn* Mineral Mtn Mineral Res* MineralRite* Mineworx Tech Minfocus Expl* Minfocus Expl Mining Global* Minnova Corp Minsud Res Mirasol Res Mistango River Mkango Res ML Gold* ML Gold Corp Monarca Mnrls* Monarca Mnrls Monarch Min* Monarch Mining Moneta Porcpn Moneta Porcpn* Monitor Vent Monitor Vent* Montage Gold Montage Gold* Montego Res Montego Res* Monterey Min Montero Mg&Ex * Montero Mg&Ex Monument Mng Monument Mng* Morien Res* Morien Res Mosaic* Mosaic Min Mountain Boy* Mountain Boy Mountain Prov* Mountain Prov MPV Explor Mundoro Cap* Mundoro Cap Murchison Min Musgrave Min* Musk Metals Musk Metals*

N 5902 O 756 V 308 C 129 O 205 V 146 O 5484 V 50 O 685 T 1304 C 1641 O 282 O 230 C 1288 V 63 O 33 V 1615 O 311 C 5 O 0 O 11 V 629 V 268 O 25 V 723 O 759 O 424 C 1069 O 5 V 297 V 512 C 175 V 5 O 9 O 299 V 932 O 948 V 1010 O 455 C 1068 O 1200 C 10 V 305 C 569 O 51 V 25 O 85 V 132 V 456 O 434 V 250 V 8 V 165 O 231 O 137 T 145 O 701 V 1050 C 192 O 132 V 58 O 60 V 107 O 9 O 826162 V 2443 O 3 V 227 O 837334 V 398 V 7 V 312 C 1142 V 90 O 352 V 140 O 1021 V 1163 O 61 T 409 T 2165 O 1355 V 4 O 2 V 1404 O 20 C 91 O 14 C 1021 O 203 V 668 V 463 O 73 O 322 V 644 N 25073 C 293 O 19 V 601 O 78 T 240 C 1155 O 47 V 141 V 213 O 58 C 627 O 83

2.28 0.27 0.33 0.79 0.04 0.06 0.00 0.16 0.22 0.27 0.39 0.33 0.06 0.08 0.43 0.34 0.75 0.65 0.12 0.12 0.05 0.06 0.07 0.07 0.62 0.54 0.27 0.33 0.03 0.56 0.09 0.20 3.22 2.31 0.20 0.21 0.21 0.33 0.09 0.07 0.06 0.28 0.84 0.35 0.33 0.38 2.65 3.05 0.60 0.08 0.10 0.07 0.44 0.36 0.52 0.57 0.63 0.73 0.09 0.08 0.26 0.20 0.23 36.01 0.00 0.08 0.05 0.06 0.00 0.32 0.07 0.60 0.13 0.57 0.11 0.13 0.09 0.10 0.72 0.88 0.40 0.33 0.24 0.20 1.00 0.82 0.03 0.02 0.02 0.24 0.28 0.21 0.16 0.21 0.24 36.75 0.13 0.17 0.21 0.43 0.53 0.38 0.21 0.23 0.07 0.31 0.09 0.08

NA Frac Sand* NACCO Ind* Namibia Crit Namibia Crit* Natural Res Pt* Nautilus Mnrls* Navis Res Corp* Neo Lithium Neometals* Network Expl Network Expl* Nevada Canyon* Nevada Copper Nevada Expl * Nevada Expl Nevada King* Nevada King Nevada Silver Nevada Sunrise Nevada Sunrise* Nevada Zinc Nevado Res New Age Metals New Age Metals* New Carolin Gd* New Carolin Gd New Destiny Mg* New Destiny Mg New Energy Met* New Energy Met New Found Gold New Gold New Gold* New Guinea Gld* New Jersey Mng* New Oroperu New Pac Metals New Placer* New Placer New Stratus New Target Mng New Tech Min* New Tech Min New World Res* Newcore Gold Newcore Gold* Newcrest Mg Newcrest Mg* Newlox Gold Newmac Res Newmont Corp* Newmont Corp Neworigin Gold* Neworigin Gold Newport Expl Newport Gold* NewRange Gold* NewRange Gold Nexa Resources Nexa Resources* Nexco Res Nexgen Energy Nexgen Energy* NextSource Mat Nexus Gold* Nexus Gold NGEx Minerals*

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

0.01 25.60 0.36 0.37 18.92 0.01 1.86 3.05 0.41 0.68 0.62 0.80 0.28 0.16 0.18 0.69 0.71 0.35 0.09 0.09 0.14 0.13 0.17 0.15 0.05 0.06 0.07 0.08 0.08 0.10 12.48 2.59 2.14 0.01 0.37 2.10 7.64 0.14 0.17 0.32 0.21 0.06 0.07 3.14 0.65 0.52 27.25 22.33 0.31 0.29 74.51 89.66 0.17 0.20 0.47 0.02 0.14 0.16 13.21 10.89 0.32 5.77 4.78 4.01 0.06 0.08 0.60

Last

12-month

High

Change

Stock

0.14 0.02 0.02 0.10 0.00 0.00 0.00 0.00 0.01 0.01 0.03 0.02 0.00 0.01 0.03 0.01 0.01 0.04 0.00 0.02 0.00 0.01 0.01 0.00 0.00 0.01 0.02 0.02 0.00 0.04 0.01 0.00 0.56 0.01 0.03 0.04 0.02 0.05 0.01 0.01 0.00 0.01 0.04 0.01 0.01 0.00 0.09 0.03 0.06 0.01 0.01 0.00 0.03 0.01 0.03 0.02 0.02 0.02 0.00 0.01 0.00 0.00 0.02 0.51 0.00 0.00 0.00 0.01 0.00 0.01 0.00 0.01 0.04 0.06 0.00 0.01 0.00 0.01 0.03 0.03 0.01 0.00 0.01 0.02 0.05 0.04 0.00 0.00 0.00 0.01 0.01 0.02 0.01 0.03 0.03 0.68 0.01 0.03 0.03 0.03 0.04 0.00 0.01 0.01 0.00 0.01 0.01 0.01

2.57 0.59 0.75 0.78 0.08 0.11 0.00 0.29 0.25 0.29 1.17 0.90 0.16 0.21 1.24 1.00 0.79 0.65 0.20 0.12 0.08 0.11 0.13 0.10 1.30 0.94 0.45 0.57 0.04 0.64 0.20 0.30 3.65 2.39 0.20 0.21 0.27 0.59 0.15 0.15 0.11 0.40 1.13 0.71 0.40 0.42 4.16 5.25 0.74 0.23 0.32 0.20 0.85 0.67 0.60 0.80 0.63 0.78 0.25 0.18 0.28 0.27 0.34 37.29 0.00 0.18 5.00 0.10 0.00 0.60 0.10 0.65 0.41 0.58 0.12 0.16 0.20 0.30 0.90 1.31 0.48 0.38 0.45 0.37 1.27 0.82 0.06 0.02 0.10 0.75 0.95 0.21 0.16 0.20 0.25 38.23 0.15 0.52 0.69 0.64 0.82 1.35 0.27 0.35 0.11 0.60 0.26 0.18

1.29 0.07 0.10 0.45 0.03 0.04 0.00 0.02 0.05 0.07 0.20 0.17 0.05 0.07 0.37 0.31 0.09 0.14 0.05 0.00 0.01 0.01 0.02 0.02 0.30 0.22 0.01 0.12 0.01 0.22 0.08 0.08 1.95 1.42 0.03 0.05 0.05 0.18 0.04 0.05 0.03 0.15 0.70 0.12 0.09 0.13 0.69 0.96 0.48 0.07 0.09 0.04 0.34 0.25 0.32 0.41 0.28 0.40 0.08 0.07 0.13 0.13 0.18 16.93 0.00 0.05 0.01 0.03 0.00 0.12 0.05 0.33 0.09 0.07 0.06 0.09 0.03 0.04 0.59 0.59 0.12 0.09 0.15 0.11 0.65 0.54 0.01 0.01 0.01 0.04 0.04 0.06 0.00 0.10 0.13 11.51 0.05 0.13 0.16 0.18 0.25 0.30 0.08 0.11 0.05 0.22 0.06 0.00

0.00 1.49 0.02 0.00 0.04 0.00 0.11 0.30 0.04 0.03 0.03 0.13 0.01 0.03 0.05 0.05 0.06 0.01 0.01 0.00 0.01 0.00 0.01 0.00 0.01 0.00 0.00 0.01 0.00 0.00 0.57 0.13 0.12 0.01 0.04 0.05 0.19 0.01 0.01 0.00 0.02 0.01 0.01 0.30 0.02 0.02 0.75 0.44 0.00 0.00 0.05 0.06 0.00 0.03 0.03 0.00 0.01 0.02 0.25 0.16 0.00 0.07 0.06 0.36 0.00 0.01 0.00

0.03 30.71 0.37 0.37 19.52 0.04 5.00 3.88 0.61 2.05 1.62 4.00 0.32 0.19 0.25 0.77 0.84 0.53 0.31 0.25 0.18 0.19 0.24 0.19 0.09 0.11 0.08 0.11 0.17 0.12 12.48 3.05 2.40 0.01 0.60 3.59 9.02 0.80 0.95 0.62 0.25 0.10 0.15 4.07 0.92 0.70 31.25 26.42 0.40 0.31 75.31 95.65 0.29 0.40 0.60 0.08 0.31 0.43 14.92 12.58 0.40 5.88 4.85 5.30 0.12 0.14 0.71

0.00 17.95 0.15 0.10 9.56 0.00 0.92 0.45 0.05 0.21 0.16 0.11 0.06 0.08 0.12 0.15 0.26 0.31 0.03 0.02 0.04 0.07 0.05 0.03 0.03 0.04 0.00 0.04 0.01 0.03 1.24 1.44 1.05 0.00 0.15 1.45 4.78 0.05 0.15 0.03 0.17 0.02 0.03 0.36 0.35 0.27 22.40 17.81 0.05 0.03 52.33 68.76 0.09 0.12 0.30 0.00 0.08 0.10 5.34 3.69 0.08 1.66 1.22 0.30 0.03 0.05 0.26

NGEx Minerals Nickel 28 Nickel 28* Nickel Creek* Nickel Creek Nickel North Nickel Rock Nickel Rock* Nicola Mg Inc* Nicola Mg Inc Nighthawk Gold* Nighthawk Gold Niobay Metals Niocan Inc Niocorp Dev Niocorp Dev* Nippon Dragon Nippon Dragon* Nobel29 Res Noble Metal * Noble Metal Noble Mineral Noble Mineral* Noram Vent Noram Vent* Noranda Alum* Norilsk Nickel* Noront Res* Noront Res Norra Metals Norse Gold Norseman Silv Norsemont Cap* Norsemont Cap Nortec Mnls* Nortec Mnls North Am Nickl North Am Nickl* North Arrow Mn* North Arrow Mn North Bay Res * North Peak Res* North Peak Res Northcliff Res Northern Light Northern Light* Northern Uran Northisle C&G Northisle C&G * Northstar Gold Northstar Gold* Northwest Cop* Northwest Cop Norvista Cap NorZinc NorZinc* Nouveau Monde Nouveau Monde* NovaGold Res NovaGold Res* Novo Res NovX21* NQ Minerals Pl* Nrthn Graphite Nrthn Graphite* Nrthn Lion Nrthn Mnrls &E* Nrthn Shield Nrthn Superior Nrthn Superior* Nrthn Vertex* Nrthn Vertex NSGold NSJ Gold NSS Res Inc Nthn Dynasty Nthn Dynasty* Nthrn Sphere* Nubian Res Nuinsco Res* Nuinsco Res NuLegacy Gold* NuLegacy Gold Nutrien* Nutrien NV Gold* NV Gold O.T. Mining* O2Gold O3 Mining OceanaGold OceanaGold* Oceanic Iron O Oceanic Iron O* Oceanus Res Oceanus Res* Odyssey Res Olivut Res* Olivut Res Omai Gold Omineca Mining Omineca Mining* One World Lith One World Lith* Opawica Expl Opawica Expl* Ophir Gold Ophir Gold* Optimum Vent* Optimum Vent Optimus Gold Opus One Gold* Opus One Gold Orbite Tech* Orca Gold Orca Gold* Orea Mining* Orea Mining Orefinders Res Orestone Mng Orex Mnrls* Orex Mnrls Orezone Gold* Orezone Gold Orford Mining OrganiMax* OrganiMax Origen Res Original Sixtn* Orla Mining Oroco Res* Oroco Res Orocobre Orosur Mng Orsu Metals Orsu Metals* Orvana Mnrls Orvana Mnrls* Osino Res* Osino Res Osisko Dev* Osisko Gold* Osisko Gold Osisko Metals* Osisko Metals Osisko Mng Inc Otso Gold* Otso Gold Outback Gold* Outback Gold Outcrop Gold OZ Minerals*

V 623 V 840 O 258 O 518 T 1001 V 190 V 4651 O 1406 O 139 V 479 O 45 T 165 V 193 V 65 T 521 O 1424 V 1309 O 83 V 3281 O 0 V 38 V 626 O 78 V 147 O 100 O 139 O 295 O 174 V 4516 V 217 V 286 V 253 O 216 C 446 O 678 V 1163 V 202 O 75 O 0 V 356 O 325112 O 39 V 57 T 534 C 695 O 69 V 719 V 743 O 134 C 2872 O 497 O 12 V 745 V 357 T 666 O 244 V 495 N 270 T 1404 X 2847 T 1763 O 30 O 112 V 277 O 359 V 18 O 87 V 711 V 557 O 299 O 881 V 2472 V 13 C 115 C 597 T 1191 X 21572 O 0 V 152 O 2222 C 20052 O 5814 V 10992 N 11493 T 5997 O 660 V 1509 O 9 V 485 V 312 T 5782 O 0 V 119 O 62 V 909 O 620 V 2 O 78 V 19 V 1406 V 1909 O 716 C 551 O 414 V 578 O 54 V 1084 O 650 O 0 V 53 V 146 O 1 V 1203 O 615 V 758 O 682 O 462 T 2364 V 3548 V 657 O 608 V 686 O 323 V 1310 V 24 O 15 V 81 C 130 O 0 T 2757 O 681 V 1061 T 204 T 91 V 31 O 68 T 803 O 131 O 114 V 918 O 19 N 1756 T 1666 O 11 V 463 T 4050 O 78 V 988 O 68 C 762 V 688 O 1

P2 Gold* P2 Gold Pac Bay Mnrls* Pac Bay Mnrls Pac Booker Min* Pac Booker Min Pac Imperial Pac Ridge Expl Pac Ridge Expl* Pac Wildcat* Pacific Empire* Pacific Empire Pacific Silk Pacific Silk* Pacton Gold Paladin Energy* Palamina Corp Palamina Corp* Palayan Res* Paleo Resource* Palladium One Palladium One*

O V O V O V V V O O O V V O V O V O O O V O

N-O 59849 72 502 362 98 298 14 3386 59 1320 83 9 13664 1780 2553 2568 2727 216 225 365 334 8 1763 771 169 514 6 157 22 14 2365 7720 31927 122 1075 98 761 393 729 236 17 109 410 41 1026 5 2 1 2159 1 32945 887 30 58 1048 1482 361 696 1 512 503 9132 5877 1181 1213 15986 23

0.01 24.21 0.34 0.28 17.70 0.01 1.41 2.34 0.36 0.57 0.47 0.75 0.24 0.11 0.14 0.51 0.61 0.31 0.08 0.06 0.13 0.13 0.15 0.12 0.04 0.00 0.07 0.06 0.08 0.00 9.03 2.36 1.98 0.00 0.28 1.90 6.52 0.13 0.15 0.32 0.19 0.04 0.05 2.58 0.59 0.00 25.93 0.00 0.28 0.29 72.75 88.00 0.17 0.17 0.43 0.01 0.11 0.15 12.55 10.00 0.29 5.23 4.33 0.33 0.04 0.06 0.00

0.01 25.59 0.36 0.29 18.34 0.01 1.45 2.80 0.40 0.62 0.51 0.75 0.26 0.12 0.14 0.51 0.62 0.33 0.09 0.07 0.14 0.13 0.17 0.13 0.04 0.06 0.07 0.08 0.08 0.10 11.43 2.55 2.13 0.00 0.34 2.05 6.90 0.14 0.17 0.32 0.21 0.06 0.06 2.69 0.63 0.52 26.25 22.22 0.28 0.29 73.48 88.76 0.17 0.17 0.44 0.01 0.13 0.16 12.95 10.69 0.30 5.61 4.64 3.66 0.05 0.07 0.60

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

(100s)

High Low

Exc Volume

(100s) Stock

Week

12-month

High

Low

Last

Change

0.82 0.91 0.75 0.09 0.11 0.05 0.13 0.11 0.13 0.16 1.11 1.35 0.85 0.14 1.25 1.07 0.03 0.03 0.52 0.00 0.02 0.14 0.12 0.58 0.48 0.06 36.85 0.27 0.33 0.08 0.13 0.44 0.73 0.89 0.02 0.03 0.25 0.21 0.08 0.11 0.00 0.66 0.78 0.06 0.06 0.05 0.02 0.31 0.40 0.40 0.33 0.67 0.81 0.14 0.08 0.07 19.18 16.29 12.53 10.34 2.58 0.01 0.12 0.49 0.40 0.49 0.15 0.08 1.38 1.14 0.35 0.40 0.35 0.23 0.23 0.70 0.58 0.00 0.44 0.02 0.03 0.12 0.14 62.39 75.42 0.34 0.40 0.10 0.26 2.60 2.63 0.00 0.27 0.22 0.74 0.67 0.00 0.06 0.07 0.21 0.25 0.20 0.13 0.11 0.48 0.38 0.23 0.22 0.00 0.40 0.28 0.04 0.05 0.00 0.66 0.60 0.09 0.10 0.09 0.09 0.15 0.16 1.13 1.35 0.15 0.23 0.28 0.39 0.00 5.95 2.92 3.45 6.23 0.30 0.30 0.24 0.41 0.33 1.40 1.60 6.45 14.41 17.47 0.42 0.52 3.54 0.07 0.08 0.41 0.51 0.44 18.93

0.70 0.78 0.60 0.07 0.09 0.04 0.08 0.07 0.12 0.14 0.00 1.24 0.00 0.13 1.17 0.91 0.00 0.02 0.42 0.00 0.02 0.13 0.11 0.54 0.40 0.03 35.45 0.19 0.24 0.00 0.10 0.37 0.61 0.71 0.02 0.03 0.22 0.17 0.08 0.11 0.00 0.59 0.71 0.00 0.04 0.04 0.02 0.25 0.21 0.22 0.19 0.60 0.73 0.00 0.07 0.00 15.00 12.41 12.12 10.05 2.25 0.00 0.04 0.44 0.35 0.00 0.12 0.07 1.10 0.91 0.29 0.37 0.27 0.18 0.14 0.65 0.54 0.00 0.40 0.01 0.02 0.09 0.11 59.56 72.12 0.29 0.34 0.07 0.25 2.44 2.48 0.00 0.22 0.00 0.68 0.56 0.00 0.05 0.00 0.20 0.19 0.17 0.11 0.09 0.40 0.35 0.20 0.17 0.00 0.40 0.20 0.04 0.04 0.00 0.61 0.51 0.07 0.09 0.07 0.08 0.12 0.15 1.00 1.21 0.14 0.23 0.21 0.33 0.00 5.45 2.55 3.12 5.70 0.27 0.00 0.22 0.35 0.29 1.18 1.40 5.86 14.01 16.70 0.39 0.47 3.23 0.04 0.06 0.34 0.41 0.37 0.00

0.75 unch 0.88 + 0.72 + 0.08 + 0.11 + 0.05 + 0.11 + 0.09 + 0.12 0.14 1.04 1.27 0.83 + 0.13 unch 1.25 + 1.03 + 0.03 unch 0.03 + 0.52 + 0.02 unch 0.02 unch 0.13 0.11 0.56 unch 0.47 + 0.03 35.45 0.27 + 0.32 + 0.08 + 0.10 0.39 0.63 + 0.76 0.02 + 0.03 + 0.25 + 0.20 0.08 + 0.11 unch 0.00 0.59 0.72 0.05 unch 0.05 + 0.04 + 0.02 unch 0.28 0.23 0.36 + 0.30 + 0.61 0.74 0.12 0.08 unch 0.07 + 15.43 12.69 12.38 + 10.26 + 2.45 + 0.00 0.04 0.48 + 0.40 + 0.48 + 0.12 0.08 unch 1.34 + 1.12 + 0.32 0.38 0.35 unch 0.21 0.15 unch 0.68 0.56 0.01 unch 0.44 + 0.02 + 0.03 + 0.10 0.12 62.15 + 75.13 + 0.30 + 0.36 + 0.09 0.26 unch 2.60 + 2.56 + 2.04 unch 0.26 + 0.21 unch 0.72 + 0.59 0.05 unch 0.05 0.07 unch 0.20 unch 0.25 + 0.20 + 0.11 0.10 + 0.45 + 0.35 0.23 + 0.19 + 0.28 unch 0.40 unch 0.28 + 0.04 unch 0.04 0.00 0.63 unch 0.52 unch 0.08 0.09 0.08 + 0.09 + 0.13 0.15 1.03 1.22 0.14 0.23 unch 0.25 unch 0.38 + 0.24 unch 5.95 + 2.76 3.33 6.20 + 0.30 + 0.25 0.23 unch 0.39 + 0.33 + 1.25 1.53 5.98 14.30 + 17.24 + 0.40 0.49 unch 3.46 + 0.06 + 0.08 + 0.35 0.42 0.37 18.93 -

High Low

0.00 0.08 0.05 0.01 0.01 0.01 0.03 0.02 0.01 0.02 0.07 0.06 0.02 0.00 0.02 0.04 0.00 0.01 0.09 0.00 0.00 0.01 0.00 0.00 0.01 0.02 1.21 0.06 0.08 0.01 0.04 0.05 0.01 0.01 0.00 0.01 0.02 0.01 0.00 0.00 0.00 0.03 0.02 0.00 0.01 0.01 0.00 0.02 0.04 0.13 0.12 0.02 0.04 0.02 0.00 0.01 3.53 2.94 0.08 0.03 0.08 0.01 0.04 0.02 0.02 0.08 0.01 0.00 0.15 0.13 0.00 0.02 0.00 0.01 0.00 0.01 0.00 0.00 0.04 0.00 0.01 0.02 0.02 2.19 2.77 0.02 0.01 0.01 0.00 0.05 0.03 0.00 0.01 0.00 0.01 0.01 0.00 0.00 0.00 0.00 0.05 0.03 0.01 0.00 0.02 0.00 0.02 0.00 0.00 0.00 0.08 0.00 0.01 0.00 0.00 0.00 0.01 0.01 0.01 0.01 0.01 0.01 0.10 0.13 0.01 0.00 0.00 0.05 0.00 0.28 0.02 0.01 0.46 0.03 0.05 0.00 0.05 0.04 0.05 0.05 0.12 0.21 0.25 0.01 0.00 0.14 0.02 0.02 0.05 0.10 0.04 0.78

0.97 0.85 0.68 0.24 0.33 0.10 1.18 0.93 0.20 0.25 2.20 2.90 1.19 0.28 2.08 1.65 0.09 0.06 0.77 0.02 0.03 0.21 0.17 1.25 0.99 0.15 38.21 0.27 0.33 0.21 0.17 0.76 2.21 2.79 0.12 0.05 0.39 0.33 0.10 0.15 0.00 3.00 1.38 0.10 0.11 0.07 0.04 0.42 0.40 0.55 0.38 0.91 1.06 0.23 0.12 0.09 27.40 17.24 16.16 12.10 4.16 0.04 0.13 0.70 0.55 0.69 0.25 0.18 1.55 1.26 0.57 0.72 0.69 0.37 0.46 3.28 2.49 0.05 0.69 0.05 0.05 0.19 0.24 62.37 75.54 0.38 0.48 0.17 0.38 3.68 4.01 2.86 0.32 0.25 0.79 0.67 0.07 0.11 0.11 0.30 0.75 0.55 0.16 0.13 0.48 0.38 0.31 0.24 0.35 0.53 0.35 0.08 0.12 0.03 0.93 0.75 0.19 0.25 0.26 0.28 0.24 0.31 1.17 1.39 0.24 0.28 0.35 0.55 0.25 7.51 3.02 3.65 6.92 0.70 0.45 0.33 0.41 0.33 1.50 1.65 10.79 14.41 17.50 0.42 0.52 4.85 0.07 0.10 0.60 1.55 0.88 21.04

0.36 0.13 0.09 0.03 0.05 0.01 0.06 0.05 0.06 0.08 0.77 0.97 0.27 0.12 0.67 0.48 0.03 0.02 0.43 0.00 0.01 0.05 0.04 0.09 0.07 0.00 23.23 0.09 0.13 0.03 0.03 0.04 0.39 0.47 0.00 0.01 0.07 0.05 0.03 0.04 0.00 0.16 0.45 0.02 0.03 0.03 0.01 0.05 0.03 0.21 0.17 0.40 0.33 0.10 0.06 0.04 1.80 9.54 10.18 7.89 2.03 0.00 0.02 0.15 0.10 0.19 0.03 0.05 0.30 0.22 0.18 0.24 0.13 0.16 0.03 0.39 0.31 0.00 0.15 0.00 0.01 0.05 0.08 30.56 41.50 0.11 0.15 0.03 0.06 2.16 1.58 0.00 0.11 0.08 0.12 0.09 0.03 0.02 0.03 0.15 0.15 0.12 0.06 0.05 0.08 0.09 0.14 0.11 0.28 0.25 0.05 0.04 0.04 0.00 0.33 0.24 0.08 0.09 0.07 0.05 0.06 0.08 0.48 0.64 0.04 0.03 0.04 0.12 0.06 3.07 0.21 0.30 2.06 0.05 0.18 0.13 0.15 0.11 0.69 0.96 0.33 8.59 11.71 0.27 0.35 2.68 0.03 0.04 0.26 0.11 0.18 6.95

0.02 0.01 0.00 0.05 0.83 1.00 0.00 0.00 0.01 0.01 0.02 0.01 0.00 0.00 0.08 0.03 0.00 0.01 0.01 0.03 0.00 0.01

0.59 0.90 0.10 0.19 3.10 3.75 0.08 0.33 0.28 0.01 0.16 0.21 0.06 0.04 1.81 0.45 0.34 0.26 1.82 0.07 0.40 0.49

0.20 0.20 0.04 0.07 1.04 1.33 0.02 0.04 0.02 0.00 0.04 0.05 0.02 0.01 0.60 0.06 0.12 0.08 0.06 0.00 0.08 0.05

P-Q 11 193 0 201 45 138 777 228 189 3 38 652 5 0 382 5640 87 32 3068 2807 956 766

0.42 0.50 0.10 0.18 3.10 3.75 0.06 0.30 0.28 0.01 0.06 0.07 0.04 0.00 0.84 0.42 0.26 0.21 0.11 0.08 0.36 0.30

0.40 0.49 0.00 0.13 1.87 1.75 0.05 0.26 0.22 0.01 0.06 0.06 0.04 0.00 0.71 0.36 0.00 0.17 0.07 0.03 0.34 0.25

0.40 0.49 0.10 0.18 2.27 2.75 0.05 0.28 0.25 0.01 0.06 0.06 0.04 0.03 0.80 0.41 0.24 0.21 0.07 0.08 0.35 0.29

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

Exc Volume

Week High

Low 0.31 0.33 39.75 32.92 0.18 0.15 0.52 0.63 0.15 0.12 0.00 0.02 0.15 0.00 0.18 0.00 0.24 0.30 1.05 0.03 0.33 0.03 0.07 0.00 0.17 0.11 5.37 0.05 0.00 0.11 0.00 0.10 0.07 0.00 9.17 7.57 1.21 0.00 0.03 0.12 0.15 0.08 0.09 0.00 0.07 0.07 0.45 0.26 0.00 0.30 0.00 105.00 0.20 0.05 0.53 0.64 0.06 4.04 4.89 0.04 0.17 0.00 2.80 3.39 0.00 0.10 0.08 0.07 0.09 0.17 0.22 0.00 0.14 0.12 11.16 13.51 0.00 0.06 3.21 3.53 0.09 0.21 0.07 1.35 1.64 0.25 0.29 0.30 0.00 0.00 1.50 0.10 0.08 0.06 0.26 0.23 0.02 0.00 0.27 0.01 0.89 1.13 1.26 1.53 0.12 0.12 0.13 0.19 0.16 0.20 0.24 0.19 0.21 0.31 0.37 0.09 0.07 0.92 0.17 0.13 0.20 0.18 0.05 0.01 1.04

Pampa Metals* O Pampa Metals C Pan Am Silver T Pan Am Silver* D Pan Andean Min V Pan Andean Min* O Pan Global Res* O Pan Global Res V Pancontinental V Pancontinental* O Panex Res* O Pangolin Dia V Panoro Mnrls V Panoro Mnrls* O Pantera Silver V PanTerra Gold* O Pantheon Vent V Para Resources V Paramount Gold* X Paringa Res* O Parlane Res V Pasinex Res C Pasofino Gold* O Pasofino Gold V Patriot Gold C Patriot Gold* O Peabody Enrgy* N Pegasus Res V Pegasus Res* O Pelangio Expl* O Pelangio Expl V Peloton Mnrls C Peloton Mnrls* O PepinNini Lith* O Perpetua Res T Perpetua Res* D Perseus Mng T Pershimex Res V Pershing Res* O Peruvian Metal* O Peruvian Metal V Petrolympic* O Petrolympic V Philex Mng* O Philippine Mtl* O Philippine Mtl V Phoenix Global* O Phoenix Gold V Pine Cliff En* O Pine Cliff En T Pivit Explor C PJSC Polyus Gd* O PJX Res V Plata Latina V Plateau Energy* O Plateau Energy V Platinex Inc C Platinum Gp Mt* X Platinum Gp Mt T Plato Gold V Playfair Mng V Playfair Mng* O PolyMet Mng* X PolyMet Mng T Portex Mnrls* O Portofino Res V Portofino Res* O Power Group* O Power Group V Power Metals* O Power Metals V PPX Mining* O Precipitate Gl V Precipitate Gl* O Pretium Res* N Pretium Res T Prime Meridian V Prime Meridia* O Prime Mining* O Prime Mining V Prism Res V Prismo Metals C ProAm Expl V Probe Metals* O Probe Metals V Prog Planet* O Prog Planet V Project One C Promithian Gl * O Prophecy Pot C Prosper Gold V Provenance Gld C Providence V Providence Gld* O Pucara Gold V Pucara Gold* O PUF Vent Inc * O Puma Expl* O Puma Expl V Pure Alumina* O Pure Energy* O Pure Energy V Pure Gold Mg* O Pure Gold Mg V Purepoint Uran V Q-Gold Res* O Q-Gold Res V QC Copper V QC Copper* O QC Precious * O QC Precious V QcX Gold* O QcX Gold V QMC Quantum Ml* O QMC Quantum Ml V Quadro Res V Quadro Res* O Quantum Batt C Quartz Mtn Res V Quartz Mtn Res* O Quaterra Res V Quaterra Res* O Quebec Silica C Quest Rare Mnl* O Questex Gold V

53 521 3185 9562 759 8 54 884 1563 545 254 854 1167 81 351 50 753 106 618 65 1582 27 162 1007 44 181 32615 254 200 20 362 135 144 1 71 339 266 519 142 57 724 5 17 10 4 312 7 1599 124 380 157 12 250 50 455 1237 3964 2639 358 227 945 67 514 8 0 609 462 66 181 1091 641 45 363 313 4089 1437 260 2 136 1813 43 98 3 245 371 1 622 88 2 44 502 446 280 27 218 2 4965 34 1109 57 108 77 1410 2683 2430 1 664 3317 752 79 722 107 341 653 518 8608 514 368 39 5 783 1735 455 142 135

0.39 0.47 42.01 34.70 0.22 0.17 0.60 0.75 0.18 0.14 0.01 0.02 0.17 0.13 0.28 0.06 0.29 0.32 1.08 0.03 0.38 0.04 0.08 0.10 0.17 0.14 6.76 0.05 0.05 0.12 0.17 0.11 0.09 0.22 10.58 8.68 1.33 0.07 0.06 0.14 0.17 0.08 0.10 0.14 0.07 0.09 0.72 0.35 0.27 0.33 0.31 116.70 0.22 0.05 0.57 0.69 0.08 4.38 5.40 0.04 0.23 0.20 3.08 3.70 0.00 0.11 0.09 0.10 0.10 0.23 0.26 0.00 0.16 0.13 11.78 14.27 0.09 0.06 3.47 4.21 0.10 0.24 0.07 1.52 1.83 0.25 0.35 0.33 4.75 0.35 1.81 0.12 0.09 0.07 0.28 0.25 0.02 0.25 0.29 0.02 1.12 1.20 1.42 1.66 0.15 0.12 0.18 0.23 0.18 0.21 0.26 0.21 0.26 0.34 0.40 0.14 0.12 1.29 0.20 0.14 0.27 0.24 0.08 0.02 1.19

Radisson Mng Radius Gold Rain City Raindrop Vent Rainforest Res* Rainy Mtn Royl Rainy Mtn Royl* Rambler Metals* Rare Element* Rathdowney Res Razore Rock Res Ready Set Gold Red Eagle Mng* Red Moon Res Red Pine Expl Regis Res NL* Regulus Res Renforth Res* Renforth Res Resolve Vent Resource Cap* Reunion Gold* Reunion Gold Revival Gold * Revival Gold Reyna Silver Reyna Silver* Rhyolite Res Richmond Mnls* Richmond Mnls Ridgeline Min Ridgestone M’g* Ridgestone M’g Riley Gold Rimrock Gold* Rio Silver Rio Silver* Rio Tinto* Rio Tinto* Rio Tinto* Rio2 Limited Rio2 Limited* Rise Gold Corp* Rise Gold Corp Riverside Res Riverside Res* RJK Explor* RJK Explor Robex Res Rochester Res* Rochester Res Rock Tech Lith* Rock Tech Lith Rockcliff Met* Rockcliff Met Rockex Mng Rockhaven Re*

772 562 549 82 94 38 2 450 897 451 38 489 167 465 674 19 393 550 1194 30 1 78 911 510 523 1167 1329 498 4 860 317 2477 2709 315 98519 134 51 3 10606 1 359 526 62 78 705 653 2 73 385 141 38 15 210 116 234 28 21

0.28 0.25 0.10 0.29 2.48 0.15 0.13 0.01 2.22 0.04 0.13 0.28 0.00 0.94 0.79 2.06 0.77 0.08 0.10 0.08 0.00 0.06 0.08 0.62 0.74 0.97 0.80 1.40 0.03 0.07 0.59 0.11 0.13 0.45 0.00 0.08 0.06 88.59 87.84 97.01 0.87 0.74 0.47 0.57 0.19 0.17 0.17 0.21 0.44 0.09 0.09 3.94 4.10 0.07 0.08 0.03 0.13

Last

12-month Change

Stock

Rockhaven Res Rockland Res Rockridge Res Rockwealth Res Rockwealth Res* Rogue Res* Rogue Res Rojo Res* Rokmaster Res* Rokmaster Res Romios Gold Rs Romios Gold Rs* RosCan Gold* RosCan Gold Roughrider Exp Rover Metals Rover Metals* Roxgold Roxgold* Royal Gold* Royal Mines &M* Royal Rd Mnrls RT Minerals* RT Minerals RTG Mining Rugby Mng Running Fox Rs* Running Fox Rs Rupert Res Rupert Res* Rusoro Mng Rusoro Mng*

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

Sabina Gd&Slvr* Sabina Gd&Slvr Sable Res Sable Res* Sage Gold* Sailfish Rylty Saint Jean Saint Jean* Salazar Res* Salazar Res Salt Lake Pot* Sama Res Sama Res* San Gold Corp* San Lorenzo Sanatana Res Sanatana Res* Sandfire Res* Sandfire Res Sandspring Res* Sandstorm Gold Sandstorm Gold* Santacruz Silv Sarama Res Sarissa Res* Sassy Res Sassy Res* Satori Res* Satori Res Saturn Mnrls Savannah Min Saville Res Scandium Intl* Scandium Intl Scorpio Gold Scorpio Gold * Scotch Creek Scottie Res* Scottie Res ScoZinc Mg* ScoZinc Mg Seabridge Gld Seabridge Gld* Seahawk Gold Seahawk Gold* Search Mnls Search Mnls* Searchlight* SearchlightMin* SearchlightRes Secova Mtls* Sego Res Select Sands Sentinel Res* Sentinel Res Serabi Gold Serabi Gold* Sherritt Intl Shine Minerals* Shine Minerals Sibanye-Stillw* Sibanye-Stillw* Sidney Resrces* Sienna Res* Sienna Res Sierra Madre G Sierra Metals Sierra Metals* Sigma Lithium Signature Res* Signature Res Silver Bear Rs* Silver Bear Rs Silver Bull Re* Silver Bull Re Silver Dollar Silver Dollar* Silver Eleph* Silver Eleph Silver Fields* Silver Grail Silver One Silver One* Silver Phoenix Silver Predatr* Silver Predatr Silver Range* Silver Range Silver Sands* Silver Sands Silver Spruce* Silver Spruce Silver Viper Silver Viper* Silver Wolf Silver Wolf* Silvercorp Met* Silvercorp Met SilverCrest* SilverCrest Silverore Mns* Silverstar Res* Silverton Met Sirios Res* Sirios Res Sitka Gold Sitka Gold* Sixty North Sixty North* Skeena Res* Skeena Res SKRR Explor Sky Gold Sky Gold* Skyharbour Res Skyharbour Res* Slam Explor* Slam Explor Slave Lake Zn Slave Lake Zn* Snowline Gold Snowy Owl Sokoman Min Sokoman Min* Solaris Res SolGold plc* SolGold plc Solitario Ex&R Solitario Ex&R* Solstice Gold Sonoro Gold* Sonoro Gold SOPerior Fert South Atlantic* South Atlantic South Star Bat South Star Bat* South32* Southern Copp* Southern Emp* Southern Emp Southern Silvr Southern Silvr* SouthGobi Res Southstone Min Spanish Mtn Gd Spanish Mtn Gd* Sparton Res Sparton Res* SPC Nickel

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

0.36 + 0.46 + 40.66 + 33.64 0.22 + 0.16 + 0.52 0.68 0.18 + 0.14 + 0.00 0.02 unch 0.16 + 0.12 0.28 + 0.06 + 0.25 0.31 + 1.07 unch 0.03 unch 0.34 0.03 unch 0.07 0.09 0.17 unch 0.13 + 6.63 + 0.05 unch 0.05 unch 0.12 + 0.15 0.11 + 0.09 + 0.22 + 9.30 7.72 1.31 + 0.06 0.05 0.13 + 0.15 0.08 unch 0.09 0.14 + 0.07 unch 0.08 0.61 + 0.34 + 0.27 + 0.33 + 0.30 unch 116.69 + 0.22 + 0.05 unch 0.54 unch 0.65 unch 0.07 + 4.36 + 5.24 + 0.04 unch 0.23 + 0.19 + 3.05 + 3.68 + 0.00 unch 0.10 0.08 0.08 + 0.09 unch 0.20 0.25 + 0.00 unch 0.14 0.12 11.40 13.76 0.09 + 0.06 3.36 + 4.05 + 0.09 0.22 0.07 unch 1.48 + 1.79 + 0.25 unch 0.33 + 0.32 + 4.73 + 0.35 + 1.75 + 0.11 0.08 0.06 0.27 0.23 0.02 0.24 0.28 + 0.01 0.98 + 1.19 + 1.33 1.60 0.13 + 0.12 unch 0.18 + 0.19 0.16 0.20 0.25 + 0.21 + 0.26 + 0.31 0.37 0.13 + 0.11 + 1.29 + 0.20 + 0.14 + 0.24 + 0.20 + 0.08 + 0.02 unch 1.19 +

0.06 0.08 0.07 0.07 0.02 0.01 0.05 0.04 0.01 0.02 0.00 0.00 0.01 0.00 0.10 0.00 0.04 0.01 0.00 0.00 0.01 0.00 0.00 0.01 0.00 0.00 0.79 0.00 0.00 0.01 0.01 0.01 0.00 0.01 0.82 0.64 0.08 0.01 0.01 0.02 0.01 0.00 0.01 0.04 0.00 0.02 0.16 0.09 0.01 0.02 0.00 11.68 0.02 0.00 0.00 0.00 0.01 0.08 0.08 0.00 0.03 0.04 0.18 0.23 0.00 0.01 0.01 0.01 0.00 0.01 0.01 0.00 0.02 0.01 0.18 0.22 0.01 0.04 0.23 0.23 0.01 0.01 0.00 0.07 0.07 0.00 0.03 0.02 0.23 0.08 0.15 0.01 0.01 0.01 0.01 0.02 0.00 0.01 0.01 0.00 0.01 0.02 0.02 0.02 0.01 0.00 0.04 0.03 0.01 0.00 0.01 0.02 0.02 0.01 0.02 0.04 0.03 0.37 0.01 0.01 0.02 0.02 0.03 0.00 0.14

0.45 0.72 53.30 40.11 0.30 0.24 0.60 0.75 0.20 0.20 0.01 0.05 0.23 0.18 0.25 0.07 1.02 0.74 1.59 0.03 0.84 0.09 0.31 0.42 0.50 0.23 8.70 0.09 0.06 0.20 0.27 0.15 0.12 0.42 20.40 9.45 1.52 0.10 0.10 0.14 0.17 0.12 0.15 0.14 0.08 0.12 0.83 0.55 0.35 0.45 0.42 128.00 0.25 0.06 0.78 0.98 0.13 6.27 8.00 0.05 0.23 0.16 9.70 13.00 0.03 0.26 0.25 0.10 0.12 0.38 0.49 0.50 0.41 0.30 14.55 19.13 0.17 0.14 3.47 4.21 0.14 0.88 0.15 1.53 1.95 0.37 0.50 0.60 13.50 0.52 2.40 0.15 0.20 0.17 1.50 0.85 0.08 0.25 0.30 0.30 2.07 2.63 2.42 3.08 0.20 0.39 0.65 0.35 4.12 0.27 0.38 0.30 0.50 0.47 0.60 0.33 0.25 1.27 0.29 0.19 0.27 0.24 0.27 0.06 1.37

0.28 0.33 33.86 24.62 0.08 0.00 0.00 0.16 0.06 0.03 0.00 0.02 0.08 0.05 0.09 0.01 0.05 0.15 0.96 0.00 0.04 0.01 0.01 0.08 0.07 0.03 0.80 0.02 0.01 0.11 0.13 0.08 0.05 0.00 5.20 5.52 0.92 0.04 0.00 0.02 0.03 0.02 0.03 0.03 0.04 0.04 0.28 0.01 0.09 0.12 0.22 64.38 0.10 0.03 0.14 0.20 0.02 1.33 1.81 0.03 0.05 0.03 2.40 3.20 0.00 0.05 0.05 0.02 0.03 0.17 0.23 0.00 0.14 0.08 7.74 10.53 0.05 0.06 0.58 0.81 0.01 0.19 0.06 0.79 1.06 0.03 0.04 0.18 2.63 0.10 0.40 0.07 0.07 0.02 0.24 0.00 0.01 0.04 0.05 0.01 0.06 0.24 0.89 1.18 0.03 0.12 0.13 0.05 0.12 0.15 0.20 0.09 0.12 0.06 0.08 0.07 0.05 0.55 0.12 0.10 0.06 0.04 0.05 0.00 0.35

0.25 0.28 + 0.21 0.24 + 0.09 0.10 unch 0.29 0.29 unch 1.90 2.34 + 0.00 0.14 0.11 0.13 + 0.00 0.01 + 1.85 2.10 + 0.03 0.03 0.13 0.13 unch 0.23 0.25 + 0.00 0.00 + 0.86 0.89 0.70 0.76 + 2.00 2.05 + 0.72 0.74 0.07 0.08 0.09 0.10 0.08 0.08 + 0.00 0.00 unch 0.05 0.06 + 0.07 0.08 + 0.49 0.60 + 0.64 0.72 + 0.85 0.92 unch 0.71 0.77 1.13 1.36 + 0.03 0.03 0.05 0.06 + 0.52 0.58 + 0.07 0.08 0.10 0.10 0.38 0.41 + 0.00 0.00 0.00 0.08 + 0.00 0.06 0.00 88.59 + 83.46 87.43 + 0.00 97.01 + 0.82 0.85 + 0.68 0.71 + 0.00 0.47 + 0.50 0.54 0.17 0.19 + 0.14 0.16 + 0.15 0.15 0.00 0.21 + 0.40 0.43 0.07 0.07 0.00 0.09 unch 3.09 3.24 3.90 3.93 0.06 0.07 + 0.08 0.08 unch 0.03 0.03 unch 0.11 0.12 +

0.01 0.02 0.00 0.00 0.34 0.02 0.02 0.00 0.14 0.01 0.00 0.02 0.00 0.03 0.01 0.05 0.01 0.00 0.01 0.01 0.00 0.01 0.01 0.05 0.06 0.00 0.00 0.08 0.00 0.01 0.05 0.02 0.03 0.03 0.00 0.01 0.00 2.35 1.78 1.66 0.03 0.02 0.01 0.02 0.02 0.01 0.03 0.01 0.01 0.02 0.00 0.09 0.13 0.01 0.00 0.00 0.01

0.40 0.38 0.11 0.40 14.50 0.18 0.15 0.12 4.13 0.12 0.25 0.49 0.01 1.09 0.95 4.38 1.74 1.00 0.12 0.13 0.00 0.11 0.14 1.13 1.45 1.74 1.35 1.40 0.06 0.08 0.74 0.27 0.25 0.62 0.01 0.11 0.09 94.42 95.97 108.00 1.03 0.85 0.83 1.10 0.54 0.40 0.26 0.36 0.56 0.13 0.15 7.00 9.00 0.10 0.14 0.09 0.19

0.19 0.21 0.05 0.13 0.51 0.08 0.07 0.00 0.47 0.03 0.06 0.19 0.00 0.06 0.30 2.00 0.69 0.01 0.03 0.05 0.00 0.04 0.05 0.49 0.62 0.50 0.44 0.15 0.03 0.04 0.29 0.04 0.07 0.12 0.00 0.04 0.03 51.91 51.82 63.85 0.50 0.36 0.38 0.50 0.16 0.12 0.11 0.15 0.29 0.02 0.03 0.39 0.54 0.04 0.06 0.02 0.07

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

(100s)

High Low

Exc Volume

Week Last

12-month

High

Low

Change

264 244 903 5 10 364 309 1081 360 1569 487 292 2118 2324 552 1333 199 6798 268 1484 327 872 70 521 23 142 89 316 280 29 2276 3

0.15 0.25 0.19 0.16 0.14 0.07 0.09 0.90 0.41 0.49 0.06 0.04 0.51 0.52 0.17 0.12 0.11 2.33 1.94 126.84 0.04 0.40 0.10 0.11 0.16 0.11 0.04 0.05 5.29 4.40 0.07 0.07

+ 0.14 0.15 0.24 0.25 unch + 0.16 0.17 0.00 0.16 unch 0.14 0.14 unch 0.06 0.06 0.08 0.08 unch 0.70 0.76 + 0.35 0.39 + 0.41 0.49 + 0.05 0.05 0.04 0.04 0.40 0.40 0.48 0.49 + 0.00 0.16 + 0.11 0.12 + 0.09 0.10 + 2.19 2.33 + 1.74 1.91 123.18 123.77 0.02 0.02 0.36 0.38 unch 0.00 0.08 0.10 0.10 0.16 0.16 unch 0.10 0.10 + 0.00 0.04 0.04 0.04 4.95 5.05 4.15 4.15 0.06 0.06 + 0.07 0.07

1241 2935 1056 699 46 199 2331 197 27 71 33 717 51 62 586 417 17 303 309 414 1472 5506 1588 36 12493 4136 1409 46 382 4904 7 470 645 1497 82 70 65 271 1521 0 3 589 2162 91 4 907 319 26 119 1489 15 15278 1639 69 1766 2 125 1044 0 32 2 13324 4698 318 1824 355 430 1626 462 1063 2147 78 601 196 137 341 185 4610 3986 1 39 717 1339 37 29 19 15 74 273 963 921 2025 1047 516 109 77 4922 3053 4250 1650 0 1 12 17 429 501 241 2169 28 453 4181 314 5479 810 954 694 281 1010 454 64 667 9061 4906 1589 1996 70 220 36 2316 170 251 723 1709 579 2382 479 54 34 7644 75 307 2780 3469 26 41 505 834 945 79 979

1.55 1.84 0.36 0.33 0.03 1.41 0.18 0.15 0.29 0.35 0.30 0.19 0.16 0.00 0.24 0.15 0.12 0.20 0.22 3.12 10.55 8.73 0.57 0.25 0.01 0.92 0.82 0.10 0.12 0.22 0.35 0.06 0.21 0.25 0.13 0.13 0.74 0.23 0.25 0.00 0.62 23.66 19.56 0.61 0.54 0.16 0.18 0.08 0.03 0.11 0.05 0.16 0.06 0.10 0.13 1.40 0.00 0.55 0.09 0.12 4.77 18.49 0.22 0.11 0.14 0.90 4.57 3.78 5.58 0.20 0.20 0.15 0.15 0.99 1.20 1.12 0.96 0.31 0.38 0.01 0.17 0.77 0.65 0.14 0.15 0.22 0.29 0.21 0.22 0.26 0.06 0.07 0.66 0.55 0.56 0.47 6.54 7.92 10.07 12.19 0.00 0.18 0.74 0.10 0.11 0.20 0.22 0.08 0.07 3.25 3.95 0.21 0.24 0.20 0.51 0.42 0.07 0.09 0.39 0.31 0.50 0.12 0.55 0.55 13.00 0.51 0.58 0.83 0.70 0.16 0.27 0.29 0.05 0.09 0.10 0.25 0.21 2.24 70.17 0.21 0.24 0.58 0.53 0.55 0.07 0.36 0.30 0.09 0.07 0.26

High Low

0.01 0.00 0.02 0.00 0.00 0.00 0.00 0.02 0.05 0.07 0.01 0.00 0.03 0.03 0.02 0.01 0.01 0.09 0.06 1.56 0.01 0.00 0.01 0.01 0.00 0.01 0.00 0.01 0.17 0.23 0.01 0.01

0.25 0.29 0.23 0.20 1.00 0.10 0.16 1.93 0.60 0.76 0.08 0.06 0.80 0.64 0.36 0.13 0.15 2.32 2.00 147.64 0.06 0.48 0.20 0.29 0.23 0.19 0.07 0.08 6.20 8.70 0.14 0.09

0.09 0.11 0.10 0.02 0.04 0.04 0.06 0.11 0.14 0.16 0.04 0.02 0.20 0.33 0.14 0.03 0.02 1.22 0.88 99.32 0.00 0.22 0.03 0.03 0.10 0.07 0.01 0.01 1.50 1.15 0.03 0.02

0.05 0.05 0.01 0.02 0.01 0.02 0.04 0.02 0.01 0.01 0.02 0.02 0.01 0.00 0.06 0.02 0.01 0.01 0.01 0.02 0.41 0.31 0.01 0.00 0.00 0.07 0.07 0.00 0.01 0.03 0.09 0.01 0.01 0.00 0.01 0.01 0.00 0.02 0.01 0.00 0.00 0.86 0.64 0.00 0.08 0.01 0.00 0.00 0.00 0.00 0.00 0.07 0.01 0.01 0.01 0.04 0.00 0.02 0.00 0.01 0.13 0.18 0.01 0.01 0.03 0.02 0.24 0.20 0.27 0.01 0.01 0.01 0.02 0.04 0.06 0.01 0.02 0.04 0.05 0.00 0.00 0.05 0.03 0.00 0.01 0.05 0.01 0.01 0.01 0.01 0.00 0.01 0.12 0.09 0.02 0.02 0.33 0.42 0.37 0.47 0.00 0.00 0.00 0.01 0.00 0.01 0.01 0.00 0.01 0.41 0.55 0.01 0.03 0.03 0.08 0.06 0.01 0.01 0.07 0.00 0.01 0.04 0.04 0.03 0.97 0.04 0.09 0.00 0.01 0.01 0.00 0.01 0.00 0.00 0.01 0.02 0.00 0.01 0.30 0.00 0.03 0.02 0.02 0.04 0.01 0.01 0.01 0.01 0.01 0.00

2.80 3.54 0.40 0.36 0.05 1.57 0.18 0.19 0.31 0.40 0.45 0.22 0.17 0.04 0.30 0.40 0.32 0.31 0.40 3.51 14.22 10.63 0.58 0.51 0.02 1.24 0.92 0.14 0.20 0.21 2.00 0.09 0.28 0.35 0.22 0.17 0.95 0.46 0.53 0.56 0.80 29.00 22.86 0.71 0.55 0.37 0.40 0.10 0.07 0.14 0.25 0.16 0.08 0.66 0.85 2.06 1.56 0.70 0.19 0.25 7.72 20.68 0.22 0.14 0.17 1.07 4.92 3.92 7.05 0.20 0.22 0.18 0.24 0.99 1.40 2.29 2.51 0.46 0.59 0.02 0.35 0.94 0.75 0.25 0.34 0.40 0.29 0.30 0.37 0.49 0.48 0.12 0.85 1.20 0.60 0.51 8.91 11.62 12.88 16.37 0.30 0.29 1.00 0.20 0.26 0.34 0.27 0.11 0.08 3.11 3.95 0.50 0.24 0.20 0.60 0.48 0.11 0.16 0.43 0.32 0.75 0.25 0.55 0.55 13.00 0.56 0.72 1.56 1.25 0.16 0.28 0.34 0.06 0.13 0.18 0.31 0.25 2.36 83.29 0.34 1.45 0.70 0.55 1.39 0.13 0.77 0.59 0.21 0.16 0.80

1.17 1.60 0.07 0.05 0.00 0.87 0.02 0.01 0.15 0.19 0.28 0.11 0.08 0.00 0.14 0.09 0.00 0.13 0.18 1.60 7.57 5.96 0.11 0.18 0.00 0.35 0.28 0.04 0.04 0.08 0.20 0.02 0.05 0.08 0.08 0.06 0.08 0.12 0.18 0.26 0.33 19.24 14.08 0.15 0.15 0.03 0.01 0.03 0.01 0.04 0.00 0.03 0.01 0.09 0.11 1.05 0.00 0.11 0.03 0.08 2.53 7.16 0.02 0.03 0.05 0.74 0.99 0.73 1.30 0.03 0.04 0.00 0.11 0.46 0.61 0.22 0.69 0.17 0.23 0.00 0.09 0.40 0.28 0.10 0.05 0.08 0.02 0.11 0.12 0.15 0.02 0.04 0.33 0.24 0.05 0.13 3.85 5.30 7.18 9.13 0.01 0.00 0.59 0.07 0.09 0.12 0.09 0.04 0.03 0.83 1.14 0.18 0.06 0.04 0.15 0.10 0.01 0.02 0.04 0.20 0.19 0.05 0.08 0.06 1.38 0.25 0.35 0.38 0.28 0.05 0.09 0.12 0.03 0.05 0.03 0.04 0.02 1.27 35.45 0.16 0.19 0.17 0.13 0.01 0.04 0.09 0.07 0.03 0.01 0.24

S 1.40 1.72 0.32 0.26 0.00 1.33 0.14 0.11 0.00 0.00 0.28 0.16 0.00 0.00 0.17 0.13 0.10 0.15 0.21 2.89 9.91 8.33 0.52 0.22 0.00 0.68 0.65 0.09 0.10 0.17 0.00 0.05 0.16 0.22 0.13 0.10 0.68 0.19 0.23 0.00 0.00 22.00 18.17 0.50 0.00 0.15 0.12 0.07 0.01 0.08 0.05 0.05 0.05 0.09 0.11 0.00 0.00 0.50 0.09 0.11 0.00 17.33 0.14 0.09 0.11 0.84 4.06 3.36 5.22 0.15 0.18 0.09 0.13 0.90 1.08 1.02 0.85 0.25 0.30 0.01 0.00 0.71 0.60 0.00 0.14 0.00 0.00 0.18 0.19 0.23 0.04 0.06 0.48 0.40 0.50 0.00 6.04 7.14 9.32 11.05 0.00 0.18 0.00 0.09 0.10 0.16 0.12 0.07 0.06 2.57 3.30 0.19 0.17 0.17 0.43 0.35 0.06 0.07 0.26 0.00 0.44 0.06 0.44 0.37 10.99 0.40 0.49 0.80 0.65 0.13 0.22 0.27 0.04 0.07 0.09 0.21 0.19 0.00 66.83 0.20 0.22 0.50 0.42 0.45 0.00 0.33 0.25 0.00 0.03 0.24

1.44 1.76 0.34 0.26 + 0.01 1.36 + 0.18 + 0.14 + 0.29 0.34 0.30 + 0.19 + 0.16 0.00 0.19 0.13 0.10 0.18 + 0.22 3.01 + 10.54 + 8.71 0.52 0.22 unch 0.00 + 0.87 + 0.73 0.09 0.12 + 0.21 + 0.33 0.05 + 0.20 0.24 unch 0.13 0.10 0.74 unch 0.19 0.25 0.54 unch 0.62 unch + 23.14 + 19.12 0.61 unch + 0.51 0.15 0.13 0.08 0.02 unch 0.10 unch 0.05 unch + 0.12 0.05 + 0.10 + 0.11 + 1.40 1.00 unch + 0.53 0.09 unch 0.11 4.65 + 18.41 0.19 + 0.11 + 0.14 + 0.89 + 4.35 + 3.61 + 5.57 + 0.16 + 0.20 + 0.11 0.14 + 0.97 + 1.17 + 1.11 0.89 0.26 0.31 0.01 unch 0.17 unch + 0.76 + 0.62 0.14 unch + 0.15 + 0.22 + 0.18 0.20 0.19 0.23 + 0.06 0.06 + 0.66 + 0.53 + 0.55 + 0.46 + 6.45 + 7.77 + 9.91 + 11.95 0.30 unch 0.18 unch 0.74 unch 0.09 0.11 unch 0.16 0.14 0.07 unch + 0.07 + 3.19 + 3.90 + 0.20 + 0.23 + 0.19 + 0.51 + 0.42 + 0.07 + 0.09 0.32 0.29 unch 0.48 + 0.10 + 0.50 + 0.42 + 12.50 + 0.48 + 0.58 0.81 unch 0.67 + 0.15 0.24 + 0.28 0.04 unch 0.08 0.10 0.22 + 0.19 2.24 + 69.74 0.21 unch 0.22 0.53 0.44 + 0.52 + 0.07 + 0.36 + 0.29 + 0.08 0.06 0.25 unch

GLOBAL MINING NEWS

(100s) Stock

THE NORTHERN MINER / JUNE 7–20, 2021

Week

Exc Volume

Low

Last

0.13 0.17 0.27 0.00 0.15 0.47 0.45 0.58 21.73 18.00 0.15 0.29 0.22 3.44 2.88 0.57 0.07 3.75 0.00 0.17 0.23 0.01 0.20 0.24 0.04 0.18 0.22 3.00 3.63 0.00 0.00 0.06 0.08 2.00 1.56 0.45 0.63 0.10 0.09 0.18 0.21 0.08 0.00 0.22 0.02 0.16 0.00 0.34 0.42 0.00 0.24 0.00 0.04 0.22 0.19 0.21 0.00 0.80 0.56 0.48 0.26 0.11 1.16 1.35 0.40 0.95 0.79 22.97 27.76 0.63 0.77 0.68 0.59 0.05 0.00 0.17 0.21 0.42 0.34 0.00 0.18 0.75

0.16 0.20 0.28 0.02 0.16 0.48 0.52 0.63 22.39 18.55 0.16 0.44 0.36 3.70 3.15 0.60 0.08 3.80 1.20 0.19 0.23 0.02 0.24 0.28 0.04 0.19 0.23 3.30 3.98 0.03 0.06 0.07 0.10 2.20 1.80 0.55 0.65 0.10 0.09 0.19 0.24 0.09 0.00 0.26 0.15 0.20 0.00 0.35 0.42 0.01 0.26 0.20 0.04 0.26 0.21 0.22 0.18 0.80 0.59 0.50 0.26 0.11 1.31 1.58 0.41 0.99 0.83 23.10 27.90 0.67 0.79 0.68 0.60 0.06 0.04 0.19 0.24 0.46 0.38 0.01 0.18 0.80

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

0.20 0.17 0.10 0.33 0.27 0.03 0.60 0.00 9.52 0.05 0.62 0.50 0.29 0.36 0.11 0.08 0.12 0.12

+ + unch + unch unch unch unch +

Spearmint Res* Spearmint Res Spey Resources Sphinx Res Spruce Ridge R SRG Mining SRHI Inc* SRHI Inc SSR Mining SSR Mining* St Augustine St-Georges Eco St-Georges Eco* St. James Gold St. James Gold* Stakeholdr Gld Standard Graph* Standard Lith Standard Metal* Standard Uran* Standard Uran Stans Energy* Star Diamond* Star Diamond Star Gold* Starcore Intl* Starcore Intl Starr Peak* Starr Peak Steele Oceanic* Stellar Africa* Stellar Africa Stelmine Can Steppe Gold Steppe Gold* Sterling Metal* Sterling Metal Stevens Gold Stevens Gold* Stinger Res* Stinger Res Stone Gold Stornoway Diam* Straightup Res Stratabd Mnr* Stratabd Mnr Strateco Res* Strategic Metl* Strategic Metl Strategic Min* Strategic Res Strategic Res* Stria Lithium Strikepoint Gd Strikepoint Gd* Strongbow Expl Strongbow Expl* Stroud Res Stuhini Explor Stuhini Explor* Stuve Gold Sulliden Mng Summa Silver* Summa Silver Sun Peak Metal Sun Summit Sun Summit* Suncor Energy* Suncor Energy Superior Gold* Superior Gold Superior Mng Superior Mng* Supernova Met Supernova Met* Surge Battery* Surge Battery Surge Copper Surge Copper* Sutter Gold* Sylla Gold Syrah Res*

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

2842 7722 780 856 785 122 655 935 18095 10262 2616 3599 2386 135 40 107 741 500 3 386 1094 194 113 2809 65 7 160 1261 2192 0 55 259 985 281 38 294 703 220 11 102 778 297 2715 718 33 294 196 174 658 0 83 0 457 1661 973 1016 132 78 95 28 10 407 301 901 74 735 57 26226 58695 83 1468 158 69 500 60 16 98 899 66 115 30 78

0.18 0.21 0.32 0.03 0.17 0.55 0.58 0.68 22.88 18.88 0.18 0.47 0.39 4.71 3.94 0.60 0.09 4.03 1.46 0.22 0.25 0.02 0.25 0.30 0.05 0.20 0.24 3.56 4.05 0.03 0.06 0.07 0.10 2.24 1.85 1.00 0.78 0.11 0.10 0.24 0.27 0.09 0.00 0.28 0.15 0.20 0.00 0.40 0.46 0.00 0.28 0.00 0.05 0.28 0.22 0.25 0.19 0.87 0.72 0.60 0.26 0.12 1.41 1.71 0.42 1.08 0.90 23.58 28.42 0.69 0.82 0.75 0.62 0.06 0.00 0.20 0.24 0.47 0.38 0.01 0.18 0.81

Taiga Gold Taiga Gold* Tajiri Res Talisker Res Talisker Res* Talmora Diamd Talon Metals Tamerlane Vent* Tanqueray Expl Tantalex Res Tanzanian Gold Tanzanian Gold* Tarachi Gold* Tarachi Gold Taranis Res Taranis Res* Tarku Res Tarku Res*

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

919 434 1408 659 218 5 1446 16 84 3725 285 5393 227 771 235 165 598 177

0.20 0.24 0.10 0.34 0.29 0.03 0.63 0.00 10.42 0.06 0.64 0.53 0.35 0.39 0.14 0.10 0.15 0.12

High Low

Stock

0.02 0.03 0.05 0.01 0.02 0.02 0.03 0.02 0.04 0.03 0.00 0.15 0.11 0.88 0.65 0.02 0.00 0.13 0.45 0.01 0.01 0.00 0.04 0.04 0.01 0.02 0.02 0.08 0.10 0.48 0.01 0.01 0.01 0.11 0.07 0.02 0.04 0.00 0.00 0.02 0.01 0.01 0.00 0.05 0.00 0.03 0.00 0.02 0.02 0.00 0.01 0.00 0.01 0.03 0.02 0.02 0.01 0.00 0.10 0.07 0.00 0.00 0.15 0.18 0.01 0.04 0.00 0.05 0.01 0.00 0.00 0.04 0.00 0.00 0.00 0.01 0.03 0.02 0.01 0.00 0.00 0.00

0.36 0.27 0.35 0.03 0.23 1.05 0.69 1.02 33.69 25.32 0.20 1.19 0.99 6.50 5.16 0.60 0.17 4.75 4.85 0.25 0.38 0.18 0.25 0.34 0.19 0.27 0.35 3.56 4.05 0.51 0.11 0.14 0.14 3.14 2.41 1.00 0.92 0.38 0.29 0.29 0.35 0.28 0.01 0.35 0.26 0.38 0.01 0.60 0.80 0.01 0.52 0.41 0.09 0.33 0.26 0.27 0.22 0.90 0.94 0.72 0.55 0.20 2.20 3.50 1.34 1.15 0.95 24.34 29.55 1.15 1.53 0.89 0.63 0.32 0.24 0.25 0.29 0.85 0.46 0.05 0.18 1.10

0.01 0.03 0.04 0.01 0.06 0.33 0.45 0.14 17.29 13.68 0.02 0.04 0.02 0.06 0.06 0.17 0.05 0.92 1.22 0.12 0.12 0.00 0.11 0.15 0.01 0.06 0.09 0.53 0.50 0.03 0.02 0.03 0.04 1.25 1.42 0.04 0.05 0.10 0.08 0.18 0.10 0.06 0.00 0.12 0.02 0.06 0.00 0.27 0.35 0.01 0.22 0.20 0.01 0.03 0.03 0.07 0.05 0.26 0.30 0.29 0.21 0.04 0.60 0.42 0.35 0.18 0.14 10.67 14.28 0.40 0.51 0.23 0.22 0.04 0.04 0.03 0.06 0.08 0.32 0.00 0.08 0.17

0.01 0.01 0.01 0.01 0.00 0.00 0.01 0.00 0.63 0.00 0.00 0.03 0.01 0.00 0.03 0.03 0.00 0.02

0.28 0.24 0.23 0.44 0.39 0.15 0.90 0.10 26.25 0.12 2.12 1.91 0.43 1.00 0.16 0.16 0.25 0.14

0.16 0.12 0.05 0.28 0.21 0.01 0.11 0.00 5.50 0.01 0.61 0.50 0.18 0.24 0.07 0.05 0.06 0.08

Tartisan Nick Tartisan Nick* Taseko Mines Taseko Mines* TDG Gold Teck Res* Teck Res Teck Res Tectonic Metal* Tectonic Metal Telson Res * Telson Res Temas Res Temas Res* Tembo Gold* Tembo Gold Tempus Res Tempus Res* Teras Res Teras Res* Terrax Mnrls Terrax Mnrls* Terreno Res Tesoro Mnrls* Tesoro Mnrls Teuton Res* Teuton Res Texas Mineral* Themac Res* Themac Res Thesis Gold Theta Gold* Thor Expl* Thor Expl Thunder Mtn Gd* Thunderstruck Thunderstruck* Tiger Intl Timberline Res Timberline Res* Tinka Res* Tinka Res Tintina Mines Tisdale Res* Tisdale Res Titan Mining* Titan Mining Titanium Corp TNR Gold Tocvan Venture TomaGold Tombill Mines Tombstone Expl* Tonogold Res* Tonopah Div Mg* Torex Gold* Torex Gold Torq Resources* Torq Resources Tower Res* Tower Res Trailbreaker Trailbreaker* Trans Canada* Trans Canada Transatlantic Transition Met Transition Met* Treasury Metal* Treasury Metal Trecora Res* Tres-Or Res Tres-Or Res* Trevali Mining* Trevali Mining Trifecta Gold* Trifecta Gold Trillium Gold* Trillium Gold Trilogy Mtls Trilogy Mtls* TriMetals Mng* Trinity Res* Trinity Valley Trinity Valley* TriStar Gold* TriStar Gold Triumph Gold Triumph Gold* Troilus Gold Troilus Gold* Troubadour Res Troy Res* TRU Precious* TRU Precious True North Gem True North Gem* Tsodilo Res Tudor Gold * Tudor Gold Turmalina Met Turmalina Met* Turquoise HIl*

Change

T 0.18 0.15 0.10 0.32 0.27 0.03 0.58 0.00 9.25 0.05 0.60 0.49 0.29 0.35 0.00 0.00 0.12 0.10

(100s)

12-month

High

Week

Exc Volume C O T X V N T T O V O V C O O V V O V O V O V O V O V O O V V O O V O V O V V O O V V O V O T V V C V V O O O O T O V O V V O O V V V O O T N V O O T O V O V T X O O V O O V V O T O V O O V V O V O V V O N

577 34 2197 10313 244 28015 12911 19 119 935 331 759 1643 408 7 345 55 14 428 38 587 311 658 2 19 63 183 1194 3 31 683 210 152 1647 48 290 15 1 295 126 568 1517 1011 0 16 6 258 442 658 1477 145 510 5 166 1 181 1524 64 101 13 375 18 11 30 109 286 267 109 63 350 506 503 15 3251 9604 40 252 261 763 183 1319 77 1 90 1 140 309 1222 126 1634 205 1152 468 29 2145 11 0 91 120 300 1272 414 3462

12-month

High

Low

Last

0.55 0.50 3.05 2.53 0.43 24.87 30.00 40.95 0.14 0.17 0.51 0.62 0.57 0.51 0.14 0.16 0.18 0.15 0.05 0.04 0.29 0.25 0.05 0.04 0.06 2.49 2.96 2.70 0.10 0.12 1.64 0.18 0.33 0.41 0.17 0.09 0.08 0.00 0.31 0.30 0.20 0.25 0.06 0.00 1.25 0.51 0.68 0.65 0.07 1.50 0.08 0.20 2.70 0.16 1.01 15.52 18.72 0.78 0.92 0.07 0.09 0.39 0.31 0.21 0.25 0.05 0.18 0.18 0.93 0.98 8.25 0.16 0.08 0.21 0.28 0.19 0.11 1.17 1.39 3.40 2.83 0.10 0.03 0.10 0.09 0.24 0.30 0.22 0.18 1.31 1.22 0.22 0.04 0.40 0.47 0.12 0.00 0.75 2.45 2.95 1.11 0.91 18.10

0.51 0.26 2.70 2.25 0.40 22.21 26.83 37.48 0.12 0.16 0.43 0.50 0.46 0.35 0.13 0.14 0.17 0.13 0.00 0.04 0.27 0.22 0.05 0.04 0.00 2.21 2.74 2.01 0.09 0.00 1.44 0.15 0.00 0.36 0.00 0.08 0.06 0.00 0.27 0.22 0.17 0.20 0.04 0.00 0.00 0.00 0.42 0.58 0.06 1.03 0.07 0.17 2.12 0.14 1.01 14.35 17.33 0.67 0.82 0.07 0.08 0.35 0.30 0.11 0.12 0.04 0.16 0.14 0.73 0.91 7.94 0.09 0.00 0.19 0.24 0.08 0.09 1.02 1.23 3.06 2.52 0.08 0.00 0.09 0.09 0.22 0.26 0.20 0.00 1.18 0.98 0.18 0.04 0.33 0.33 0.12 0.00 0.69 2.18 2.75 0.92 0.78 16.40

0.53 0.44 2.99 2.49 0.42 24.71 29.80 40.90 0.13 0.16 0.51 0.62 0.54 0.45 0.13 0.15 0.17 0.13 0.05 0.04 0.28 0.24 0.05 0.04 0.05 2.30 2.74 2.06 0.10 0.12 1.50 0.15 0.33 0.41 0.17 0.08 0.07 0.20 0.29 0.24 0.20 0.23 0.05 0.50 1.25 0.51 0.59 0.58 0.07 1.31 0.07 0.18 2.40 0.15 1.01 14.60 17.63 0.70 0.82 0.07 0.09 0.39 0.30 0.18 0.21 0.04 0.17 0.15 0.81 0.97 8.19 0.16 0.08 0.21 0.25 0.10 0.11 1.03 1.23 3.36 2.79 0.09 0.03 0.09 0.09 0.24 0.28 0.21 0.18 1.21 1.00 0.19 0.04 0.33 0.40 0.12 0.10 0.72 2.29 2.77 1.05 0.86 17.88

Change + + + + + + + + + + + + + unch unch unch + unch + + + unch + unch + unch + unch + + + + + unch unch unch + unch unch unch + + + + unch + + + + + + unch + + + + + + unch + + + + unch + + +

0.02 0.00 0.26 0.21 0.01 1.62 1.93 3.15 0.01 0.01 0.07 0.07 0.07 0.05 0.01 0.01 0.01 0.01 0.01 0.00 0.02 0.02 0.00 0.00 0.00 0.14 0.16 0.27 0.00 0.00 0.05 0.02 0.02 0.04 0.01 0.00 0.00 0.00 0.02 0.03 0.02 0.00 0.01 0.00 0.49 0.14 0.16 0.06 0.01 0.20 0.00 0.00 0.00 0.00 0.00 0.40 0.46 0.02 0.05 0.00 0.00 0.04 0.00 0.07 0.09 0.00 0.01 0.01 0.03 0.03 0.24 0.06 0.00 0.00 0.00 0.01 0.02 0.01 0.07 0.09 0.07 0.01 0.02 0.01 0.00 0.02 0.02 0.01 0.01 0.08 0.04 0.01 0.01 0.03 0.02 0.01 0.00 0.01 0.11 0.16 0.05 0.03 1.04

(100s)

High Low

Stock

0.55 0.55 3.22 2.67 0.47 26.72 32.27 40.80 0.25 0.34 0.50 0.62 2.27 1.78 0.18 0.30 0.33 0.17 0.14 0.08 0.55 0.41 0.07 0.12 0.17 3.80 4.85 4.70 0.11 0.12 1.75 0.70 0.33 0.41 0.34 0.20 0.16 0.30 0.51 0.40 0.24 0.30 0.08 0.50 1.50 0.99 1.10 0.65 0.09 1.50 0.11 0.33 3.09 0.45 1.90 19.45 25.52 0.86 1.07 0.12 0.15 0.45 0.31 0.24 0.30 0.07 0.26 0.20 1.40 1.98 8.35 0.20 0.14 0.23 0.28 0.19 0.13 2.06 2.78 3.44 2.85 0.12 0.15 0.15 0.11 0.35 0.47 0.48 0.34 1.82 1.33 0.30 0.27 0.40 0.52 0.25 0.19 0.91 3.40 4.51 1.80 1.33 21.89

Turquoise HIl TVI Pacific TVI Pacific* Tyhee Gold* Tymbal Res Typhoon Expl

T V O O V V

U.S. Gold* U3O8 Corp U3O8 Corp* Ubique Mineral UC Res* Ucore Rare Mtl* Ucore Rare Mtl UEX Corp Ultra Resource* Ultra Resource Umbral Enrgy* Unigold* Unigold United Battery* United Battery United Res Hdg* United States A* United States S* Universal Cop* Universal Cop Universal Vent Ur-Energy* Ur-Energy Uragold Bay Rs Uranium Energy* Uranium Hunter* Uranium Res* Uranium Roylty Uranium Roylty* Uravan Mnrls Uravan Mnrls* UrbanGold Min USCorp* Usha Res Val-d’Or Mg Val-d’Or Mg* Vale* Valley High Mg* ValOre Metals* ValOre Metals Valorem Res Valterra Res* Valterra Res Vanadian Enrgy* Vanadian Enrgy Vanadium One* Vanadium One Vangold Res* Vangold Res Vanstar Mng Rs Vanstar Mng Rs* Vantex Res Vantex Res * Velocity Mnrls* Velocity Mnrls Vendetta Mng Vendetta Mng* Venerable Vent Venture Mnrls* Verde Potash Verde Res* Veris Gold* Vertical Expl* Vertical Expl Victoria Gold* Victoria Gold Victory Nickel Victory Nickel* Victory Res Victory Res* Virginia Enrgy Virginia Enrgy* Viscount Mng Visible Gold M* Visible Gold M Vision Lithium Vision Lithium* Visionary Gold Vista Gold Vista Gold* Viva Gold* Viva Gold Vizsla Silver Vizsla Silver* Volatus Cap Volcanic Gold* Volcanic Gold Voyageur Min Voyageur Min* Voyageur Min VR Resources* VR Resources Vulcan Mnrls Vulcan Mnrls*

0.05 0.00 0.54 0.39 0.09 9.23 12.76 15.00 0.07 0.09 0.06 0.08 0.10 0.30 0.07 0.10 0.14 0.12 0.05 0.04 0.20 0.16 0.02 0.03 0.05 0.42 0.56 1.20 0.03 0.05 0.52 0.00 0.16 0.16 0.07 0.06 0.05 0.09 0.07 0.04 0.10 0.13 0.03 0.50 0.40 0.00 0.18 0.24 0.03 0.15 0.06 0.12 1.44 0.13 0.00 11.70 14.81 0.34 0.46 0.04 0.05 0.17 0.14 0.11 0.02 0.03 0.13 0.10 0.62 0.78 4.67 0.08 0.05 0.05 0.06 0.01 0.03 0.43 0.57 1.90 1.43 0.05 0.00 0.06 0.05 0.15 0.19 0.13 0.11 0.84 0.67 0.03 0.04 0.18 0.11 0.08 0.05 0.07 0.47 0.65 0.66 0.42 6.27

Week

Exc Volume

High

Low

Last

1796 3965 42 1339 1468 1108

21.86 0.06 0.06 0.00 0.02 0.07

19.78 21.57 0.05 0.06 0.05 0.05 0.00 0.00 0.01 0.01 0.05 0.05

D 224 V 161 O 168 C 38 O 4111 O 321 V 202 T 3722 O 19 V 107 O 64 O 178 V 4282 O 1204 C 978 O 50 X 5622 N 109019 O 79 V 1262 V 677 X 11337 T 1051 V 4182 X 25343 O 3423 X 5554 V 1102 D 1762 V 1009 O 450 V 1317 O 2767 V 269 V 343 O 42 N 178850 O 6797 O 163 V 495 C 11552 O 10 V 51 O 97 V 128 O 41 V 2844 O 1041 V 2218 V 182 O 172 V 17 O 5 O 3 V 144 V 541 O 362 V 60 O 173 T 77 O 19 O 1 O 0 V 810 O 207 T 2138 C 117 O 12 C 642 O 609 V 255 O 252 V 340 O 94 V 1647 V 3870 O 1165 V 483 T 80 X 2045 O 50 V 62 V 3623 O 830 C 487 O 97 V 305 C 257 O 19 V 261 O 303 V 294 V 802 O 30

12.29 0.30 0.27 0.06 21.74 1.21 1.32 0.42 0.18 0.21 0.10 0.18 0.21 0.86 1.03 0.04 0.87 26.60 0.09 0.12 1.52 1.55 1.89 0.95 3.33 0.05 4.40 3.85 3.19 0.06 0.06 0.47 0.02 0.20 0.13 0.20 21.67 0.04 0.28 0.33 0.34 0.05 0.05 0.10 0.10 0.32 0.36 0.65 0.73 0.98 0.82 0.29 0.22 0.38 0.47 0.06 0.05 0.13 0.09 1.26 0.08 0.01 0.00 0.17 16.67 19.20 0.05 0.04 0.10 0.09 0.34 0.31 0.39 0.12 0.16 0.15 0.12 0.23 1.43 1.18 0.21 0.24 2.78 2.35 0.14 0.37 0.44 0.49 0.13 0.16 0.37 0.44 0.25 0.80

12-month High Low

Stock

+ + + -

1.29 0.01 0.00 0.00 0.01 0.02

26.45 0.06 0.06 0.01 0.05 0.11

8.50 0.01 0.01 0.00 0.02 0.05

VVC Expl VVC Expl*

V O

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

0.44 0.01 0.04 0.01 2.74 0.04 0.07 0.02 0.03 0.04 0.00 0.00 0.01 0.03 0.02 0.00 0.01 1.98 0.00 0.00 0.29 0.07 0.06 0.04 0.07 0.00 0.28 0.34 0.26 0.03 0.02 0.00 0.00 0.01 0.02 0.02 1.07 0.00 0.02 0.01 0.05 0.00 0.00 0.01 0.01 0.01 0.05 0.03 0.03 0.05 0.04 0.00 0.00 0.00 0.03 0.01 0.01 0.00 0.01 0.06 0.03 0.00 0.00 0.03 1.41 1.73 0.00 0.00 0.00 0.00 0.01 0.01 0.01 0.01 0.02 0.01 0.00 0.02 0.06 0.03 0.02 0.02 0.20 0.17 0.00 0.04 0.05 0.13 0.10 0.02 0.01 0.02 0.01 0.00

17.40 0.37 0.40 0.08 30.20 2.36 2.97 0.50 0.23 0.28 0.19 0.50 0.67 1.46 1.80 0.05 2.56 29.97 0.15 0.21 4.34 1.57 1.99 1.68 3.67 0.44 14.50 4.70 3.81 0.07 0.13 0.47 0.03 0.29 0.20 0.20 23.02 0.20 0.36 0.45 0.44 0.10 0.14 0.10 0.10 0.32 0.36 0.70 0.74 1.75 2.32 0.38 0.27 0.47 0.61 0.11 0.09 0.15 0.11 1.97 1.00 2.00 0.19 0.30 16.67 21.04 0.10 0.08 0.60 0.49 0.48 0.37 0.49 0.30 0.38 0.95 0.74 0.23 1.90 1.45 0.36 0.48 2.93 2.37 0.44 0.68 0.93 0.50 0.25 0.35 0.37 0.44 0.27 0.80

5.87 0.07 0.02 0.03 0.21 0.64 0.70 0.12 0.02 0.03 0.00 0.14 0.18 0.08 0.12 0.02 0.22 6.58 0.06 0.05 1.05 0.42 0.55 0.11 0.82 0.01 1.34 0.98 0.70 0.02 0.01 0.14 0.00 0.15 0.09 0.08 9.20 0.00 0.16 0.21 0.06 0.04 0.05 0.02 0.03 0.05 0.07 0.07 0.09 0.66 0.52 0.16 0.03 0.31 0.41 0.05 0.03 0.06 0.02 0.47 0.00 0.00 0.01 0.03 7.71 10.42 0.02 0.01 0.05 0.02 0.07 0.05 0.30 0.05 0.08 0.02 0.01 0.02 1.08 0.80 0.16 0.22 0.40 0.29 0.01 0.25 0.24 0.24 0.03 0.04 0.18 0.23 0.04 0.04

Walker Lane* Walker River* Walker River Wallbridge Mng* Wallbridge Mng Waraba Gold Warrior Gold* Warrior Gold Waseco Res Wealth Mnrls* Wealth Mnrls Wedgemount Res Wescan Gldflds Wesdome Gold Wesdome Gold* West High Yld West Mining* West Mining West Red Lake* West Red Lake West Vault Western Areas* Western Atlas Western Atlas* Western Copper* Western Copper Western Gold Western Mag* Western Mag Western Potash Western Res* Western Troy C Western U&V Western U&V* Westgold Res* Westhaven Gold* Westhaven Gold Westkam Gold* Westkam Gold Westminster Rs* Westminster Rs WestMountain* Wheaton Prec Wheaton Prec* White Energy* White Gold* White Gold White Metal R* White Metal Rs White Mtn Engy* Whitehaven Coa* Whitehorse GC Wildsky Res* Wildsky Res Winshear Gold Winston Gold* Winston Gold Winston Res Wolfden Res Wolfden Res* Wolfeye Res World Copper Worldwide Res X-Terra Res X-Terra Res* Xanadu Mines Xanadu Mines* Xander Res* Xander Res Xemplar Egy* Xiana Mng Xiana Mng* Ximen Mining* Ximen Mining Xplore Res Xtierra Inc Xtra-Gold Res Xtra-Gold Res* Yamana Gold Yamana Gold* Yanzhou Coal* Yorbeau Res* Yorbeau Res Zacatecas Silv Zacatecas Silv* Zadar Ventures* ZEN Graphene* ZEN Graphene Zena Mining Zephyr Mnls Zephyr Mnls* Zimtu Capital Zinc One Res ZincX Res* ZincX Res Zonte Metals* Zonte Metals

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

U-V 11.66 0.25 0.15 0.04 16.49 0.98 1.18 0.38 0.15 0.17 0.08 0.15 0.19 0.75 0.98 0.04 0.78 23.41 0.00 0.08 1.11 1.38 1.66 0.81 2.84 0.03 3.80 3.35 2.78 0.04 0.03 0.36 0.01 0.19 0.11 0.08 20.00 0.03 0.24 0.29 0.26 0.04 0.00 0.07 0.00 0.14 0.22 0.55 0.64 0.89 0.74 0.26 0.00 0.38 0.44 0.05 0.04 0.12 0.08 1.17 0.06 0.01 0.00 0.13 14.00 16.94 0.04 0.04 0.09 0.07 0.27 0.22 0.35 0.11 0.13 0.13 0.09 0.19 1.31 1.07 0.17 0.22 2.35 1.95 0.11 0.28 0.38 0.36 0.03 0.00 0.30 0.36 0.22 0.00

12.25 0.28 0.23 0.05 19.49 0.99 1.19 0.41 0.15 0.17 0.09 0.16 0.21 0.81 1.00 0.04 0.85 25.93 0.09 0.10 1.46 1.46 1.77 0.83 3.13 0.04 4.21 3.49 2.93 0.06 0.05 0.37 0.01 0.19 0.13 0.11 21.52 0.04 0.26 0.32 0.34 0.05 0.05 0.07 0.09 0.26 0.30 0.58 0.70 0.92 0.77 0.26 0.22 0.38 0.44 0.05 0.04 0.12 0.08 1.18 0.06 0.01 0.09 0.13 14.07 16.94 0.05 0.04 0.09 0.07 0.30 0.27 0.36 0.12 0.15 0.14 0.11 0.23 1.38 1.14 0.19 0.22 2.45 2.03 0.12 0.37 0.44 0.49 0.03 0.14 0.33 0.41 0.23 0.19

(100s)

Change

Exc Volume

Week

12-month

High

Low

Last

70 114

0.12 0.10

0.00 0.08

0.10 0.08

44 50 788 928 2381 4 13 238 147 3476 2086 262 29 3414 694 85 232 1051 277 1317 111 45 1203 0 10363 4422 13 1151 611 64 10 21 100 272 2 314 380 109 214 11 33 0 6848 8008 5 210 405 4 1181 599 75 264 2 52 320 1390 583 1093 844 443 676 1579 33 534 10 392 652 381 277 238 44 18 26 785 1023 58 73 74 13720 50853 17 14 942 232 23 6 118 638 122 212 173 53 36 160 43 122 256

0.05 0.08 0.10 0.55 0.65 0.21 0.06 0.08 0.06 0.37 0.45 0.60 0.10 11.88 10.24 0.20 0.23 0.28 0.07 0.09 1.35 1.91 0.07 0.00 2.83 3.35 0.38 0.14 0.16 0.24 0.16 0.16 2.80 2.34 1.60 0.66 0.73 0.11 0.13 0.26 0.32 0.00 59.09 48.89 0.09 0.56 0.66 0.09 0.12 0.05 1.25 1.52 0.17 0.22 0.09 0.09 0.10 0.59 0.36 0.30 0.59 0.14 0.06 0.11 0.08 0.06 0.00 0.17 0.20 0.01 0.10 0.11 0.27 0.33 0.10 0.10 1.38 1.14 6.34 5.26 1.30 0.05 0.06 1.17 0.98 0.13 2.10 2.52 0.20 0.18 0.17 0.24 1.14 0.16 0.19 0.20 0.23

Change -

0.02 0.00

0.05 0.05 unch 0.00 0.08 0.09 0.10 + 0.50 0.52 0.62 0.62 0.21 0.21 unch 0.00 0.06 + 0.08 0.08 unch 0.04 0.05 + 0.28 0.37 + 0.34 0.44 + 0.25 0.58 + 0.00 0.10 unch 10.88 11.14 9.01 9.25 0.18 0.18 0.17 0.21 + 0.24 0.27 + 0.06 0.07 + 0.08 0.08 1.19 1.35 + 1.75 1.91 + 0.07 0.07 0.00 0.06 unch 2.00 2.62 + 2.37 3.14 + 0.38 0.38 0.11 0.13 + 0.13 0.16 + 0.18 0.20 + 0.16 0.16 unch 0.16 0.16 unch 2.43 2.66 + 2.00 2.22 + 1.60 1.60 unch 0.56 0.59 + 0.68 0.70 + 0.10 0.10 + 0.12 0.12 unch 0.24 0.26 + 0.29 0.31 + 0.00 2.00 unch 56.48 57.95 + 46.89 48.02 + 0.09 0.09 unch 0.50 0.51 0.60 0.62 0.00 0.09 0.11 0.11 0.04 0.04 1.14 1.25 + 1.38 1.40 0.00 0.15 0.16 0.17 0.08 0.09 + 0.07 0.08 + 0.10 0.10 + 0.55 0.57 + 0.29 0.35 + 0.20 0.30 + 0.49 0.49 0.13 0.13 0.06 0.06 unch 0.09 0.11 + 0.00 0.08 + 0.06 0.06 0.00 0.05 unch 0.14 0.15 unch 0.16 0.18 + 0.01 0.01 0.07 0.08 unch 0.02 0.07 + 0.22 0.23 0.25 0.31 0.08 0.10 + 0.00 0.10 unch 1.13 1.37 + 0.95 1.12 + 6.16 6.33 + 5.10 5.24 + 0.00 1.22 0.01 0.05 0.00 0.06 unch 1.07 1.15 0.96 0.96 0.13 0.13 1.50 2.05 + 2.05 2.48 + 0.15 0.20 + 0.17 0.18 + 0.13 0.15 + 0.22 0.24 + 1.01 1.13 + 0.15 0.15 0.18 0.18 0.16 0.17 + 0.19 0.21 +

0.00 0.00 0.01 0.02 0.03 0.00 0.00 0.00 0.01 0.07 0.09 0.13 0.00 0.51 0.42 0.01 0.00 0.03 0.01 0.01 0.10 0.06 0.01 0.00 0.57 0.68 0.01 0.01 0.02 0.01 0.00 0.00 0.02 0.04 0.00 0.01 0.02 0.00 0.00 0.02 0.02 0.00 0.98 0.78 0.00 0.02 0.01 0.00 0.01 0.00 0.12 0.03 0.04 0.05 0.01 0.00 0.01 0.01 0.07 0.05 0.07 0.01 0.00 0.02 0.01 0.01 0.00 0.00 0.02 0.00 0.00 0.00 0.02 0.01 0.01 0.00 0.17 0.13 0.06 0.03 0.08 0.01 0.00 0.02 0.02 0.74 0.34 0.42 0.05 0.01 0.01 0.01 0.08 0.01 0.01 0.01 0.03

High Low 0.16 0.02 0.13 0.01

W-Z 0.12 0.11 0.15 1.01 1.35 0.70 0.11 0.15 0.07 0.34 0.41 0.60 0.15 15.00 11.37 0.30 1.16 1.70 0.17 0.21 1.99 2.43 0.19 0.14 2.77 3.33 0.69 0.15 0.18 0.37 0.19 0.33 2.97 2.45 2.05 0.93 1.25 0.22 0.30 0.26 0.32 7.00 76.69 57.89 0.11 2.00 1.34 0.12 0.17 0.05 1.46 4.80 0.24 0.30 0.15 0.18 0.20 2.34 0.36 0.40 1.54 0.26 0.09 0.25 0.18 0.11 0.05 0.20 0.45 0.47 0.13 0.13 0.60 0.80 0.11 0.23 1.54 1.22 9.29 7.02 1.30 0.06 0.08 1.89 1.05 0.96 2.97 3.77 0.22 1.15 0.88 0.29 5.00 0.19 0.23 0.24 0.33

0.03 0.06 0.07 0.36 0.52 0.10 0.01 0.06 0.02 0.05 0.07 0.25 0.04 7.78 6.05 0.08 0.16 0.21 0.05 0.07 1.00 1.25 0.06 0.04 0.75 1.02 0.28 0.08 0.10 0.15 0.11 0.06 0.34 0.25 1.40 0.40 0.50 0.10 0.09 0.10 0.05 0.55 44.09 34.85 0.05 0.46 0.60 0.03 0.04 0.00 0.63 0.57 0.05 0.07 0.06 0.05 0.08 0.44 0.10 0.08 0.51 0.10 0.02 0.07 0.05 0.03 0.05 0.08 0.10 0.00 0.04 0.02 0.21 0.27 0.05 0.06 0.54 0.37 5.06 3.99 0.73 0.01 0.04 1.00 0.95 0.12 0.30 0.39 0.05 0.13 0.10 0.09 0.80 0.06 0.08 0.13 0.16

BID-ASK — MAY 24–28, 2021 12-MONTH STOCK

Aftermath Silv Alacer Gold Allied Copper Altan Rio Min Anglo-Bomarc Antler Hill Apex Res Archon Mineral Arcturus Vent Asbestos Corp Atlanta Gold Aurelius Min Aurex Energy Aust Goldfield Austin Res Avarone Metals Aya Gold Balto Res Banro Corp* Barker Min BE Res Black Mountain Blackheath Res Boss Power Brunswick Res Buccaneer Gold Bullion Gold C2C Gold Cache Explor Cairo Res Camrova Res Canamera Energ Cassius Vents Centurion Mnls Cerro de Pasc Cerro Mng Cliffs Nat Res* Clydesdale Res Cresval Cap Crystal Peak Earl Res Edgewater Expl Electra Stone European Elect Eurotin Everton Res Evolution Glob Excalibur Res Exploits Disc Fidelity Min Finore Mng Fire River Gol First Idaho Founders Metal Freedom Egy Galore Res GAR Limited General Moly* Gentor Res Gespeg Res GFM Res Global Cop Grp

EXC

BID

ASK

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

0.24 9.41 0.33 0.13 0.08 ... 0.07 0.19 0.02 0.50 0.03 0.13 0.04 ... 0.09 ... 1.94 0.14 0.11 0.01 0.20 0.46 0.30 0.17 ... 0.06 0.06 ... 0.16 ... ... 0.33 0.07 ... ... 0.10 1.45 0.07 0.04 0.01 0.41 0.21 0.01 0.18 0.02 0.10 1.00 0.09 ... 0.11 0.12 0.36 0.10 0.50 0.02 0.02 ... ... 0.08 0.06 0.07 0.07

0.25 9.52 0.59 0.14 0.08 ... 0.11 0.26 0.03 0.85 0.04 0.14 0.06 ... 0.11 ... 2.19 0.17 0.11 0.01 0.37 0.50 0.30 0.20 0.05 0.09 0.15 ... 0.17 ... 0.02 0.50 0.14 0.04 ... 0.79 3.20 0.10 0.04 0.02 0.65 0.24 0.02 0.20 0.02 0.10 4.00 0.10 ... 0.12 0.12 0.44 0.98 0.51 0.02 0.02 ... ... 0.11 0.06 0.13 0.08

12-MONTH

LAST

HIGH

LOW

STOCK

0.25 9.47 0.41 0.13 0.15 0.18 0.10 0.23 0.03 0.67 0.03 0.14 0.05 0.47 0.09 0.04 2.01 0.18 0.11 0.01 0.20 0.46 0.20 0.17 0.03 0.07 0.10 0.11 0.16 0.37 0.07 0.32 0.07 0.07 0.29 0.60 1.43 0.06 0.04 0.01 0.45 0.22 0.01 0.18 0.02 0.03 2.00 0.10 0.59 0.11 0.11 0.40 0.07 0.52 0.01 0.02 0.15 0.11 0.08 0.06 0.07 0.08

0.33 10.82 0.68 0.22

0.05 3.50 0.15 0.06

0.17 0.40 0.29 0.99 0.04 0.15 0.06 0.47 0.13 0.15 2.50 0.44 2.10

0.08 0.11 0.01 0.46 0.03 0.03 0.03 0.42 0.07 0.03 0.82 0.04 0.10

0.20 0.75 0.26

0.11 0.35 0.07

0.14 0.28 0.15 0.33 0.37

0.05 0.01 0.03 0.04 0.21

0.39 0.10

0.02 0.07

0.34 0.60 7.17 0.07 0.16 0.10 0.55 0.27

0.12 0.25 0.98 0.03 0.02 0.01 0.09 0.06

0.60 0.06

0.10 0.01

2.00 0.11 0.62 0.17

2.00 0.01 0.13 0.03

0.45 0.07 0.60

0.12 0.07 0.37

0.03 4.13 100.00 0.08 0.12 0.15 0.11

0.01 0.13 0.10 0.05 0.05 0.07 0.04

Goldbelt Emp Goldblock Cap Golden Cariboo Golden Indepen GoldHaven Res Great Lakes Gr Green Arrow GrowMax Res HFX Holding Highbury Proj Highvista Gold Hornby Bay Mnl Hylands Intl IEMR Res Indico Res Indigo Expl Inspiration Mg Intact Gold Interconnect Intl Battery Iron South Mng K9 Gold Karam Min Karora Res Kenadyr Mining Kingsmen Res Kiplin Metals Kodiak Copper La Imperial Latin Metals Latin Metals Leo Res Lida Resources Lido Minerals Lightspeed Dis Lithium South Logan Res Madeira Mrnls MAG Silver* Martina Mnls Matachewan Con Mega Copper Melior Res Metalo Manuf Midasco Cap MillenMin Vent Milner Con Slv Minecorp Egy Mineral Hill Mongoose Mg Montana Gold Napier Vent Navis Res Corp Nebu Res Nevado Res New Klondike Newmac Res Nexco Res O2Gold Odyssey Res Ord Mountain Oro X Mining

EXC

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

BID

0.02 0.18 0.10 ... ... 0.05 0.02 0.03 0.07 0.22 ... 0.04 0.04 0.03 ... 0.08 ... 0.07 0.08 ... 0.24 0.17 0.15 0.47 0.04 0.15 0.28 0.05 0.04 0.03 0.16 ... ... 0.21 0.10 0.31 0.25 ... 12.52 0.07 0.18 0.14 0.03 0.13 0.11 ... 0.08 ... 0.24 ... 0.09 0.06 ... 0.04 0.13 0.01 0.16 0.30 0.23 0.04 0.05 0.70

12-MONTH

ASK

LAST

HIGH

LOW

STOCK

0.02 0.35 0.12 ... ... 0.05 0.03 0.03 0.11 ... ... 0.06 0.05 0.04 0.01 0.09 ... 0.09 0.16 ... 0.27 0.24 0.23 0.48 0.04 0.17 0.44 0.06 0.10 0.04 0.20 ... ... 0.26 0.10 0.34 0.25 ... 13.30 0.17 0.22 0.40 0.06 0.20 0.16 ... 0.12 ... 0.26 ... 0.10 ... ... 0.04 0.18 0.01 0.29 0.35 0.27 0.06 0.05 0.70

0.02 0.32 0.10 0.38 0.42 0.04 0.02 0.09 0.07 0.23 0.17 0.06 0.04 0.03 0.01 0.08 0.03 0.09 0.10 0.31 0.24 0.24 0.15 0.48 0.04 0.15 0.44 0.05 0.06 0.03 0.16 1.09 0.24 0.26 0.11 0.31 0.30 0.03 12.52 0.07 0.19 0.16 0.08 0.20 0.11 0.05 0.07 0.12 0.24 0.12 0.10 0.07 0.30 0.04 0.13 0.01 0.29 0.30 0.23 0.05 0.20 0.69

0.05 0.32 0.15 0.40 0.45

0.02 0.14 0.02 0.05 0.06

0.04

0.02

0.35 0.30

0.02 0.23

0.08 0.06 0.05

0.06 0.03 0.01

Pac Arc Res Pacific Silk Paleo Resource Parallel Mng Patriot Gold Pedro Res Plata Latina PPX Mining Primary Energy ProAm Expl Prospero Silvr Quinto Res Rackla Metals Rare Element* Razore Rock Res Reliant Gold Remington Res Rizal Res Rockex Mng Rockland Mnls Ross River Royal Gold RTG Mining Samco Gold Secova Mtls Sennen Potash Sierra Madre D Silver Mtn Mns Sonora Gld & S Southern Arc Southstone Min Stans Energy Stuve Gold Supernova Met Talmora Diamd Thunder Mtn Gd Tiger Intl Trench Metals Tri-River Vent Trident Gold TriMetals Mng UrbanGold Min Vale* ValOre Metals Vanadiumcorp Vatic Vent Venerable Vent Whitemud Res Winshear Gold Worldwide Res Zadar Ventures Zara Res Zinco Mng Zincore Mtls

0.13

0.06

0.12 0.11

0.04 0.07

0.28 0.28 0.30 0.73 0.08 0.24 0.45 0.13 0.09 0.16 0.24

0.04 0.16 0.11 0.20 0.03 0.11 0.11 0.04 0.05 0.02 0.06

0.27 0.30 0.35 0.66 0.37

0.13 0.17 0.08 0.24 0.06

14.40 0.18 0.27 0.29 0.08 0.30 0.15

6.12 0.05 0.12 0.02 0.02 0.08 0.07

0.20 0.20 0.28 0.22 0.10 0.10

0.04 0.07 0.13 0.05 0.02 0.06

0.19

0.07

0.31 0.40 0.37 0.07 0.25 0.90

0.03 0.08 0.06 0.03 0.15 0.27

EXC

BID

ASK

LAST

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

0.10 0.04 0.02 0.13 0.14 0.12 0.05 0.04 ... 0.07 0.55 0.05 0.34 0.11 0.15 ... 0.22 0.01 0.03 0.07 ... 0.33 0.16 0.01 0.05 0.01 ... 0.27 0.08 0.32 0.01 0.01 0.26 0.05 0.03 0.10 0.16 0.55 ... 0.12 0.11 0.39 ... 0.06 0.10 0.05 0.12 0.01 0.12 0.06 0.50 ... 0.05 0.01

0.20 0.05 0.03 0.40 0.17 0.17 0.06 0.05 ... 0.08 1.18 ... 0.44 0.16 0.20 0.10 0.36 0.02 0.05 0.08 0.22 0.40 0.18 ... 0.06 1.10 375.00 0.44 0.08 0.90 0.01 0.01 0.42 0.06 0.04 ... 0.35 0.55 ... 0.17 0.12 0.41 ... 0.07 0.10 ... 0.22 0.02 0.14 0.07 0.50 ... 0.07 0.05

0.16 0.04 0.03 0.15 0.17 0.13 0.05 0.04 0.17 0.07 0.56 0.08 0.41 0.15 0.13 0.02 0.25 0.02 0.03 0.08 0.26 0.40 0.16 0.05 0.05 0.45 0.11 0.31 0.09 0.89 0.01 0.01 0.26 0.06 0.03 0.12 0.20 0.55 0.04 0.12 0.12 0.37 10.24 0.07 0.09 0.10 0.12 0.02 0.14 0.06 0.30 0.07 0.05 0.05

HIGH

LOW

0.06 0.04 0.19 0.50 0.19 0.06 0.10 0.82 0.15 1.35 0.08 0.50 0.89 0.25

0.02 0.01 0.12 0.07 0.09 0.03 0.04 0.16 0.06 0.51 0.04 0.14 0.06 0.06

0.37

0.07

0.09 0.11

0.02 0.01

0.60 0.23

0.22 0.10

0.20 0.52 0.10 0.93 0.04

0.08 0.20 0.02 0.24 0.01

0.55 0.32 0.15 0.29 0.30 0.22

0.21 0.04 0.01 0.09 0.09 0.04

0.12 0.12 0.47 11.10 0.13 0.13

0.12 0.03 0.14 6.57 0.07 0.04

0.15 0.03 0.15 0.09 0.35 0.22

0.06 0.01 0.05 0.02 0.26 0.07

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