The Northern Miner March 29 2020 Issue 7 by The Northern Miner Group

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Newmont to buy GT Gold M&A

| Cash deal valued at about $393 million

Evolution to acquire Battle North in $343M all-cash deal M&A

| Agreement would combine assets in Red Lake mining district

BY MAGDA GARDNER

The Saddle South deposit at GT Gold’s Tatogga project. Inset: Examining drill core. GT GOLD

BY CECILIA JAMASMIE

MINING.com

ewmont (TSX: NGT; NYSE: NEM), the world’s No. 1 gold miner, is acquiring all the shares it doesn’t already own in Canadian explorer GT Gold (TSXV: GTT) in a cash deal valued at about US$311 million ($393 million). The transaction will see the U.S. mining giant buying the remaining 85.1% of common shares of GT Gold it doesn’t already have for $3.25 per share in cash. The figure represents a 38% premium to the 20-day volume-weighted average price of GT Gold’s shares on the Toronto Stock Exchange as of March 9. GT Gold’s primary asset is the wholly-owned, 47,500 hectare Tatogga gold-copper project, located in the Traditional Territory of the Tahltan Nation, about 14 km west of the Red Chris copper-gold mine. “We are committed to continue building a constructive and respectful relationship with the Tahltan Nation, including with the community of Iskut, which is near the project, in anticipation of exploring this highly prospective area,” Newmont President and CEO Tom Palmer, stated in a news release. “We understand and acknowledge that Tahltan consent is necessary for advancing the Tatogga project and we will partner with the Tahltan Nation at all levels, and with the government of British Columbia to ensure a shared path forward.” The acquisition of the Tatogga project adds to Newmont’s existing interest in the prolific golden triangle of British Columbia through the company’s 50% ownership in the Galore Creek project. The copper-gold project, which

includes the primary Saddle North asset, has the potential to contribute significant gold and copper annual production to Newmont’s overall output, the company said. In addition to the known deposits at Saddle North, there are further exploration opportunities throughout the land package, Newmont said. The Tahltan Nation’s territory spans 95,933 square kilometres, or 11% of B.C. and includes 70% ofo the province’s Golden Triangle, which has a thriving mineral exploration sector. With gold prices bouncing back and a dearth of shovel-ready development projects in the pipeline, experts have said that the industry could see a lot of merger and acquisition (M&A) activity in B.C.’s mining sector, especially in gold. The last 12 months have been fairly busy for mining M&A, with many of the deals involving Vancouverbased companies. Last year New Gold (TSX; NGD; NYSE: NGD) completed the sale of its Blackwater property, south of Prince George, to Artemis Gold (TSXV: ARTG) for US$190 million. In December, Seabridge Gold (TSX: SEA) bought the Snowfield project from Pretium Resources (TSX: PVG) for US$100 million in cash, a 1.5% net smelter return royalty (NSR) related to all production and a US$20 million contingent payment. At the beginning of this year, Eldorado Gold (TSX: ELD; NYSE: EGO) acquired QMX Gold (TSXV: QMX) for US$132 million in a friendly acquisition. Last month, Rick Rule, president and CEO of Sprott US Holdings, said he believes there has been such an underinvestment in new discoveries that B.C. projects in more advanced

stages of development could be prime targets. “The industry is sorely lacking high-quality exploration projects or development projects,” he said. “The consequence of that is, when somebody makes a good discovery, they can be taken at absolutely eyepopping multiples.” The Newmont-GT Gold transaction is expected to close in the second quarter, subject to normal closing conditions. TNM

Canadian Mining Journal

ustralia-based producer Evolution Mining (ASX: EVN) is acquiring Red Lakefocused gold developer Battle North Gold (TSX: BNAU) in a $343 million, $2.65 a share, all-cash deal. The two companies have entered into a definitive arrangement agreement with Evolution agreeing to acquire all of the Battle North shares outstanding. The $343 million cash offer represents a 46% premium to Battle North’s closing share price on March 12 and a 54% premium to the company’s 20-day weighted average price. According to Battle North president and CEO George Ogilvie, the offer from Evolution offers a premium to shareholders with synergies expected from the combination of Battle North’s Bateman and Evolutions’ Red Lake complex in the Ontario mining district. “The all-cash offer is at a significant premium to market and reflects the extraordinary efforts of the Battle North team to create

MINING INTELLIGENCE REVIEWS CAPITAL RAISINGS FOR GOLD PROJECTS / 5

Underground development work at Battle North’s Bateman project. BATTLE NORTH GOLD

value at the Bateman gold project and ultimately deliver an outstanding outcome for Battle North’s shareholders. We believe that there are unique and undeniable merits to combining the Red Lake assets of Battle North and Evolution and this transaction reduces development and execution risk.” The Australian miner made its entry into Canada with the 2019 US$375 million purchase of Newmont’s (TSX: NGT; NYSE: NEM) Red Lake complex, with an additional US$100 million of payments contingent on resource growth. Jake Klein, Evolution’s executive chairman, said that this combinaSee M & A / 8

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Gran Colombia offers $315M for Gold X in friendly, all-share deal M&A

| Shareholder vote on merger to be held in May “THE CONTEMPLATED ACQUISITION WILL PROVIDE GRAN COLOMBIA WITH AN OPPORTUNITY TO ADD A LARGESCALE, LONG-LIFE LATIN AMERICAN GOLD DEVELOPMENT PROJECT TO ITS PORTFOLIO.”

BY ALISHA HIYATE Editor-in-Chief of the Canadian Mining Journal

ran Colombia Gold (TSX: GCM; US-OTC: TPRFF) is acquiring Gold X Mining (TSXV: GLDX; US-OTC: GLDXF) in an all-share deal valued at $315 million, after a three-way merger proposal that included Guyana Goldfields was scuttled last year by China’s Zijin Mining. The combination of assets — Gran Colombia’s producing Segovia operations and Gold X’s Toroparu advanced gold project in Guyana — would create a new “Latin Americanfocused growth platform.” Highlights of the transaction include an enhanced balance sheet and access to capital (the combined company would have $100 million in cash), and greater market visibility and interest. Both Segovia and Toroparu also have significant growth and exploration potential. Gran Colombia already owns an 18% stake in Gold X. The offer implies a 39% premium based on the closing price of Gold X shares on March 12. “The contemplated acquisition will provide Gran Colombia with an opportunity to add a large-scale, long-life Latin American gold development project to its portfolio,” said Gran Colombia’s executive chairman, Serafino Iacono. “When this transaction is consummated, the Toroparu gold project will join our Segovia operations as cornerstones of our long-term growth strategy.” Gold X CEO Paul Matysek noted

SERAFINO IACONO EXECUTIVE CHAIRMAN OF GRAN COLOMBIA GOLD

A driller at the Toroparu gold project in Guyana. GOLD X MINING

the offer provides Gold X shareholders with “an immediate and significant upfront premium, exposure to an established Latin American

The Jerritt Canyon mine in northern Nevada.

gold producer and re-rating potential. With a strong operating history, solid balance sheet and trackrecord of developing assets within

the Guiana Shield, we believe that Gran Colombia is an ideal partner to bring Toroparu into production.” Gold X will hold a shareholder

vote on the merger in May. Toroparu, in Western Guyana’s Cuyuni-Mazaruni Region, holds measured and indicated resources of 7.4 million oz. gold in 252.6 million tonnes grading 0.91 gram gold. The project lies in Gold X’s 532.8-sq.-km Upper Puruni concession. According to a 2019 preliminary economic assessment, the project would have a mine life of 24 years and an initial preproduction capex of $378 million, producing 1.5 million oz. gold in its first 10 years. A $232 million expansion in year 11 (to 8.4 million tonnes per year from 4.2 million tonnes per year) would be financed from cash flow and bring total production to 4.5 million oz. over the life of mine. Gran Colombia’s Segovia produced more than 220,000 oz. of gold last year. TNM

JERRIT CANYON GOLD

First Majestic buys Nevada gold mine from Sprott M&A

BY CECILIA JAMASMIE

MINING.COM

irst Majestic Silver (TSX: FR; NYSE:AG) is buying the Jerritt Canyon gold mine in Elko County, Nevada, from Sprott Mining for US$470 million in shares and five million share purchase warrants. As part of the deal, Sprott Mining President Eric Sprott will complete a US$30 million private placement investment in First Majestic. The Canadian miner said it had

| Jerritt Canyon has been in production since 1981

identified opportunities to enhance the mine’s cost and production profile, as well as near-term brownfield potential between the SSX and Smith mines. Jerritt Canyon was discovered in 1972 and has been in production since 1981. The asset has delivered more than 9.5 million ounces of gold. Last year, it produced 112,749 ounces of gold at a cash cost of US$1,289 per ounce. Nevada took this year the title of world’s top mining destination

in the latest survey of resource and exploration companies released in February by the Fraser Institute. Together with the area’s known gold and silver potential, Nevada’s lithium deposits have been in the spotlight in recent years, especially due to its proximity to North America’s only lithium mine — Albermarle’s (NYSE: ALB) Silver Peak. In other news, First Majestic initiated arbitration proceedings earlier this month against the government of Mexico, which is seeking more than

US$500 million from the company in allegedly owed taxes. The Vancouver-based miner had warned the López Obrador administration last year of its intention to ask the International Centre for Settlement of Investment Disputes to mediate. The move triggered a 90-day period for the Mexican government to enter into negotiations with the company. At the time, the company said that Mexico had ignored an advanced pricing agreement (APA) with its

subsidiary Primero Empresa Minera. The deal, it said, set up the basis for taxing silver sales from the San Dimas mine between 2010-2014. The government, which has made cracking down on tax breaks a priority, claims that First Majestic’s subsidiary artificially kept its silver prices low over the past decade to pay less taxes. The miner, which refutes those claims, said it has attempted to initiate talks with Mexican authorities, but noted they have refused to engage. TNM

GLOBAL MINING NEWS

THE NORTHERN MINER / MARCH 29—APRIL 11, 2021

Mick Davis launches US$300 million battery metals SPAC

A site visit to the Queensway project in January 2020. From left: Quinton Hennigh, director; Denis Laviolette, co-founder and president; Greg Matheson, COO. Sixth person from left is co-founder and executive chairman, Collin Kettell. Craig Roberts, CEO, is second from the right. NEW FOUND GOLD

| Projects in Madagascar and Kazakhstan already receiving support

INVESTMENT

An electric vehicle battery.

New Found Gold advances Queensway project in Newfoundland

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EXPLORATION

BY CECILIA JAMASMIE

| Drill program to be doubled this year

MINING.COM

ormer Xstrata boss Mick Davis’ newly founded battery metals investment firm Vision Blue Resources is stepping up efforts to reach the goal of becoming a battery metals giant by launching a US$300 million special-purpose acquisition company. ESM Acquisition Corp. (NYSE: ESM), co-sponsored by Vision Blue Resources and private equity mining investor The Energy and Minerals Group, floated in the U.S. in the second week of March. Its mandate is to invest in mining projects focused on producing minerals needed for electric vehicles (EVs) and other green energy technologies. Davis’ plan is to use his Vision Blue Resources to invest in small mining projects, while ESM will seek bigger investment opportunities. “ESM’s strategy is to identify and complete an initial business combination with a target that can benefit from its leadership team’s significant experience in the natural resources industry,” Vision Blue Resources said in a press release. “ESM intends to focus on a target business that is positioned to benefit from the global transition towards a low-carbon economy.” Special-purpose companies (SPACs) are “blank-check” firms dedicated to raising money in a listing and using the funds to acquire assets within two years. They’ve boomed this year, leading to a record first quarter for initial public offerings (IPOs). More than 600 issuers have raised US$162.4 billion so far in 2021, the most ever at this point in the year, according to data compiled by Bloomberg. SPACs accounted for half those proceeds. Davis’ company also announced a US$11.5 million investment in Ferro-Alloy Resources (LSE: FAR), which is developing the Balasausqandiq vanadium project in Kazakhstan. This is the second company Vision Blue Resources has invested

BY TRISH SAYWELL

E Mick Davis, founder of Vision Blue Resources. VISION BLUE RESOURCES

in since its launch in February, when it sank US$29.5 million in Canada’s NextSource Materials (TSX: NEXT), which is building a graphite mine in Madagascar. Davis is a well-known name in the mining industry. He led Xstrata from a US$500 million business in the early part of the last decade to an operation so big that — at one point — it made a takeover offer for Anglo American (LSE: AAL). In 2012, he sold Xstrata to Glencore (LSE: GLEN) and ventured into setting up X2 Resources, a mining fund that was unable to score any deals in three years after launch. Davis did not get discouraged by that failure. In 2019, he co-founded Niron Metals, an investment vehicle involved in bringing Guinea’s Zogota iron ore deposit into production. The mining veteran now wants to seize the opportunity presented by the increasing need for battery metals, which include a host of materials from vanadium through to lithium, graphite, nickel, and cobalt. Davis warned last month that the supply of those materials was not keeping pace with demand growth. He said that the need for battery metals would “dwarf anything the mining industry has ever seen before, including the commodity impact of China’s industrialization in the last 20 years.” TNM

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arlier this year New Found Gold (TSXV: NFG; US-OTC: NFGFF) said it plans to double its 2021 drill program to 200,000 metres and eight rigs at its flagship Queensway project in Newfoundland, 15 km west of Gander. Six drill rigs are now turning on the highgrade gold project and that number will increase to eight before the end of March. The 1,500 sq. km project, adjacent to the Trans-Canada Highway, is divided by Gander Lake into Queensway North and Queensway South. Queensway North, the more advanced of the two, has high-grade gold targets along the Appleton and JBP faults, including the Keats zone, which the company discovered in November 2019 when its drillers intersected 19 metres grading 92.9 grams gold per tonne at a depth of 75 metres in hole NFGC-19-01. New Found Gold identified a second gold zone at Queensway North in October 2020 called Lotto, about 2 km north of Keats. The Lotto discovery hole, NFGC-20-17, intersected 4.75 metres of 41.2 grams gold from 35.3 metres downhole, including 5.15 metres of 25.4 grams gold. Last month the company drilled about 60 metres below the Lotto discovery hole in drill hole NFGC-20-100, which cut 224.7 grams gold over 2.45 metres starting 118 metres downhole. “It’s been spectacular,” says Craig Roberts, a mining engineer who joined the company as a director in January 2020 after the Keats discovery hole and took over as CEO in March. “The mineralization itself — the widths and grades — are extremely exciting, but when you put that in combination with where it’s located, off the Trans-Canada highway, 15 km out of Gander, it is an additional factor that makes this that much more compelling.” One of the reasons New Found Gold was attracted to the project is that the company’s management team recognized that Queensway lies along what’s called the Dog Bay Line (DBL), a continental scale zone resulting from the ancient collision of the European and North American tectonic plates. This created the “plumbing” they say that allowed gold-rich magmatic fluids to travel from deep in the earth’s crust to surface and deposit high-grade gold in multiple directions along tens of kilometres of strike on these fault structures.

“WE’RE VERY EXCITED ABOUT THE GRADES, WIDTHS AND SIZE THAT IS DEVELOPING AT KEATS.” CRAIG ROBERTS CEO, NEW FOUND GOLD

“We’ve got 100 km north to south along this suture, and that collision created very deep continental scale structures that run north-south along the property and it’s been the plumbing for the gold mineralized fluids and that creates the fundamental reason that we can have a district scale project that can potentially deliver gold discoveries over tens of kilometres along multiple points along that belt,” Roberts says. “I believe it’s what everybody looks for when they look for gold deposits and gold projects that can have very large scale.” Targets on the two primary structures identified so far on Queensway North — the Appleton fault zone

and the JBP fault, a parallel structure about 5 km to the east — are the most advanced on the property. The company already has 12 drill-ready targets lined up along Appleton alone. At Queensway South, the company has completed geophysics, mag and gravity surveys and an extensive gold in till geochemical survey that according to Roberts suggest that these primary geophysical structures continue right across the southern part of the property, and “was the reason they staked the ground” to the south. “We have got six large, multikilometre geochem anomalies coincident with the Appleton and JBP faults down there and we’re doing closer spaced geochem and gold in till sampling to try to vector in on the source of the gold on the southern portion of the property,” Roberts says. “We’re getting very good counts of gold, which means they haven’t been transported very far; so the whole southern portion is early stage but we are very excited about its potential given what we know See EXPLORATION / 5

A HISTORY Placer Development Limited and Placer Dome Inc. Compiled by Nean Allman and Justin Baulch “Beautifully put together … with a journalist’s eye for interesting details.” John Cumming, former Editor-in-Chief, The Northern Miner

Learn more about the book at: www.aplacerdomehistory.com

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EDITORIAL GLOBAL MINING NEWS · SINCE 1915

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Diversifying Risk EDITORIAL

| Gold price up more than 40% since 2018

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fter a two-day policy meeting last week, the U.S. Federal Reserve said it will maintain its accommodative monetary policy (read easy money) and will keep its overnight interest rates near zero and continue to purchase roughly US$120 billion of treasury bonds and mortgage-backed securities each month. BY TRISH SAYWELL That is good news for gold. The metal finished tsaywell@northernminer.com February at US$1,743 per ounce (the worst monthly performance since November 2016) and then dipped to a nine-month low of US$1,697 per ounce at the end of the first week of March. At the end of the third week of March, gold was back up to US$1,744.90 per ounce. As The Northern Miner went to press, gold was hovering at around US$1,729.90 per ounce. The question is where is it headed from here? Alan Oster, group chief economist at Australia National Bank (NAB), and his colleague Gerard Burg, the bank’s senior economist, said they don’t see big moves in the metal over the next year or two. “In the near term there appears to be limited upside pressure on gold — given an improving economic climate, and low interest rates that are likely to persist,” they wrote in a research note on March 10. “The key uncertainty is inflation, with fears that large scale stimulus could drive inflation higher, increasing the appeal of precious metals. That said, there remains spare capacity in a range of major economies, which could constrain this pressure. We see only limited upside to gold over the next two years — with gold prices averaging US$1,806 an oz. in 2021 and US$1,838 an oz. in 2022.” If you listen to gold pundits like John Hathaway, who has been investing as a gold specialist since 1998, there’s never been a better time to invest in gold mining companies. On a Sprott Gold Talk radio podcast on March 10, the managing director and senior portfolio manager of Sprott Gold Equity Fund declared that he has “never seen the values as compelling as they are right now.” “Gold stocks are out of favor and gold mining stocks are even more out of favor,” he told podcast host Ed Coyne, senior managing director at Sprott Asset Management, despite the fact that gold mining companies are “very profitable” and are “generating significant” cash flow. Hathaway is certainly correct about cash flow. In a research note earlier this month, Bank of America noted that the four senior gold producers in North America (Newmont, Barrick, Agnico Eagle Mines and Kinross Gold, along with the four senior streaming and royalty companies (Franco-Nevada, Wheaton Precious Metals, Royal Gold and Osisko Gold Royalties) reported free cash flow last year of US$8.5 billion, roughly 41.5% of the global gold industry’s FCF.) Hathaway also noted that we are in “a world of overvalued securities, both bonds and stocks,” and pointed out that in a paper he wrote at the start of the year called One of the Greatest Bubbles in History, he explained that “the valuation of the S&P 500 was in the 100 percentile of all historical experience” and “this can go on for a bit. ... Gold mining stocks, which have had a correction going back to August, have come down to valuation levels where if the broader stock market were to sell off, which I think is a reasonable bet, you would probably have much less risk in gold mining stocks.” As for the price of the precious metal, Hathaway said he believes “that we could see another leg up in the gold price that takes us to new highs, which I think would inject a tremendous amount of buying into this sector.” John LaForge, head of real asset strategy at Wells Fargo Investment Institute, says he has become “increasingly positive” about gold over the last three years and has a 2021 price target on the metal of US$2,100 to US$2,200 per ounce. “Gold prices have climbed over 40% since 2018, and we believe that more gains lie ahead,” he wrote in a March 22 report, noting that the gold price has been driven up by a combination of low global real interest rates; “excessive” money printing; and a weak U.S. dollar. “These trends remain largely intact, and we remain gold bulls,” he said. In this issue, we take a closer look at gold — not only at the flurry of recent M&A deals with Evolution Mining taking out Battle North Gold; Newmont’s acquisition of GT Gold; Gran Colombia’s bid for Gold X; First Majestic’s purchase from Sprott Mining of the Jerritt Canyon mine; and Troilus Gold’s agreement to take out UrbanGold Minerals (and we think there will be lots more M&A to come) — but at capital raisings for gold projects over the last 13 months based on data from our sister company Mining Intelligence; at juniors with interesting projects to watch; and Douglas Silver of Flydentity LLC’s keynote talk on global gold endowment over the past 30 years at this year’s recently concluded Prospectors & Developers Association of Canada conference. TNM

COMPANY INDEX Agnico Eagle Mines . . . . . . . . . . . . . . . .8 Albermarle . . . . . . . . . . . . . . . . . . . . . . .2 American Creek Resources . . . . . . . . .12 Anglo American . . . . . . . . . . . . . . . . . .3 AngloGold Ashanti . . . . . . . . . . . . . . .14 Artemis Gold . . . . . . . . . . . . . . . . . . 1,13 Barrick Gold. . . . . . . . . . . . . . . . . .6,8,14 Battle North Gold . . . . . . . . . . . . . . . 1,8 BHP. . . . . . . . . . . . . . . . . . . . . . . . . . . . .7 Dore Copper . . . . . . . . . . . . . . . . . 12,13 Eldorado Gold . . . . . . . . . . . . . . . . . . . .1 ESM Acquisition Corp. . . . . . . . . . . . . .3 Evolution Mining . . . . . . . . . . . . . . . . 1,8 Ferro-Alloy Resources . . . . . . . . . . . . . .3 First Majestic Silver . . . . . . . . . . . . . . . .2 Fury Gold Mines . . . . . . . . . . . . . . . . .12 Generation Mining . . . . . . . . . . . . . . .16 Glencore . . . . . . . . . . . . . . . . . . . . . . . . .3 GoGold Resources . . . . . . . . . . . . . . . .16 Gold X Mining . . . . . . . . . . . . . . . . . . . .2 Goliath Resources . . . . . . . . . . . . . 12,13 Gran Colombia Gold . . . . . . . . . . . . . . .2 GT Gold . . . . . . . . . . . . . . . . . . . . . . . . .1 Harte Gold . . . . . . . . . . . . . . . . . . . . . .13

Iamgold . . . . . . . . . . . . . . . . . . . . . . . . .13 Kenorland Minerals . . . . . . . . . . . . . . .10 Kirkland Lake Gold . . . . . . . . . . . . . 5,10 Midland Exploration . . . . . . . . . . . . . . .7 New Found Gold . . . . . . . . . . . . . .3,5,16 New Gold . . . . . . . . . . . . . . . . . . . . . 1,13 Newmont . . . . . . . . . . . . . . . . . . . . . . 1,8 NextSource Materials . . . . . . . . . . . . . .3 Pretium Resources . . . . . . . . . . . . . . 1,12 Prime Mining . . . . . . . . . . . . . . . . . 13,14 QMX Gold . . . . . . . . . . . . . . . . . . . . . . .1 Roxgold. . . . . . . . . . . . . . . . . . . . . . . 9,10 Seabridge Gold . . . . . . . . . . . . . . . . . 1,12 Stinger Resources. . . . . . . . . . . . . . . . .12 Tanzanian Gold . . . . . . . . . . . . . . . . . .14 Teuton Resources . . . . . . . . . . . . . . . . .12 Torex Gold . . . . . . . . . . . . . . . . . . . 14,15 Troilus Gold . . . . . . . . . . . . . . . . . . . 9,10 Tudor Gold . . . . . . . . . . . . . . . . . . . . . .12 UrbanGold Minerals . . . . . . . . . . . . 9,10 Vanstar Mining Resources . . . . . . . . .13 Victoria Gold . . . . . . . . . . . . . . . . . . . .15 Westhaven Gold . . . . . . . . . . . . . . . . . .15 Yamana Gold . . . . . . . . . . . . . . . . . . . . .8

THE VIEW FROM ENGLAND COLUMN

| Copper has been a stand-out price performer during the pandemic, as has cardboard BY DR. CHRIS HINDE Special to The Northern Miner

s tempting as it is to opine about the Duke and Duchess of Sussex, and the Oprah Winfrey soap opera, there are rather more important things going on than the “truths” of Prince Harry and Meghan Markle. Used cardboard and rugby football, for example. This month marks the 150th anniversary of the first-ever international rugby match. On March 27, 1871, we played Scotland in Edinburgh, and lost (as we did against them in London this year). Incidentally, did you know that, in addition to rugby, games invented by the British have included cricket, curling, darts, football (soccer), golf and baseball (or rather its ancestor, rounders). It is amazing that we found time to work! Cardboard is also in the news this month. Booming on-line shopping during the Covid-19 pandemic has seen demand for packaging soar. The U.K.’s Confederation of Paper Industries warned in early March that “market conditions are extremely challenging.” The problems had started in October (ahead of Brexit and Christmas), according to the boss of packaging firm Rightbox Ltd, Axl Barber, but now “it’s really crazy.” By mid-March, LetsRecycle.com was quoting the price for secondhand cardboard in England at £180 (US$250) per tonne, compared with a 12-year low of only £10 (US$14) per tonne at the start of the pandemic a year ago. And this isn’t just a British problem. Across Europe, theft of cardboard is rife as prices approach the record levels of 2011. There is big money to be made from this socalled ‘beige gold’, and thieves are taking revenue from the legitimate trade in recycled cardboard, which is expected to reach a global total of US$5.4 billion by 2024, up from US$4.3 billion in 2017. This amount is “small beer” compared with the latest valuations in Silicon Valley, where the pandemic continues to drive equity prices higher. In February, investors ploughed US$460 billion into private startups, an amount that data provider PitchBook says is 40% higher than the recent peak in 2018. The increase stems from the success of on-line trading and financial-software companies during the pandemic, epitomised by Stripe’s recent financing that valued the 11-year-old on-line payment company at US$95 billion. Encouragingly for cardboard thieves and Silicon Valley investors, the impact of Covid-19 is not going away anytime soon. Pandemics do not actually end when the disease is eradicated, but when deaths have returned to normal rates. This concept of ‘excess deaths’ was developed in England by John Graunt in the early 1660s. In Europe, we’ve had plenty of

experience of excess deaths. In 134751, for example, the Black Death (a bubonic plague) killed 34% of the continent’s population. Globally, the Spanish Flu of 1918-19 killed an estimated 2.4% of the world’s population. In contrast, Covid-19 has so far killed barely 0.03% of the world’s 7.8 billion people. In examining London’s Bills of Mortality (weekly burial statistics that were collected from 1592 to 1595, and then continuously since 1603), Graunt developed early human statistical and census methods that provided a framework for modern demography. He is credited with producing probabilities of survival for each age group. Graunt was subsequently bankrupted by losses suffered during the Great Fire of London (September 1666) and by the discrimination he faced following his conversion to Catholicism. Although the impact of the pandemic is far from over, Covid-19 infection rates are slowing. Helped by loose monetary and financial conditions, the global economy is strengthening. This has been particularly apparent in China, where Beijing has shifted its focus from foreign to domestic demand to power the economy. An emphasis on China’s consumer industries fuelled an internal investment frenzy in February. Domestic mergers and acquisitions in the country have totalled US$78 billion in the first two months of 2021. This is the busiest ever dealmaking start to the year, according to Refinitiv, and three-times the level of the Covid-impacted start to 2020. With China’s financial-stimulus spending centred upon infrastructure, and the world shifting towards clean-energy solutions, the demand scenario for copper looks extremely robust. Although consumption of the red metal is soaring, supplies are restricted as copper inventories are near 15-year lows and, of course, new mines take years to come to fruition. As a result, copper has been one of the best performing metals of the past year, with the price almost doubling. By mid-March, the industrial metal had risen to US$4.14 per pound (US$9,100 per tonne), compared with only US$2.17 per pound 12 months ago. Copper is now trading at its highest level for 10 years, and many analysts are predicting that the price will break the all-time high of US$4.65 per pound achieved in February 2011. The lucky amongst you will have invested in copper a year ago, and stored it in a cardboard box. 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.

DEPARTMENTS Editorial . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Metal Prices . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 Professional Directory. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 Stock Tables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20-23

GLOBAL MINING NEWS

THE NORTHERN MINER / MARCH 29—APRIL 11, 2021

Pandemic initially decimated financings for gold projects but market has rebounded, Mining Intelligence says ANALYSIS

BY NORTHERN MINER STAFF

review of capital raisings for gold projects around the world between February 1, 2020 and February 28, 2021 conducted by The Northern Miner’s sister company Mining Intelligence has found that of the US$2.9 billion raised for gold projects in 41 countries, 75% went to projects in just five countries — Canada, Mexico, Australia, the United States and Chile. Of those, Canada received the lion’s share with US$965.07 million (34%). Mexico followed in second place with US$389.09 million (14%); Australia with US$291.04 million (10%); the U.S. with US$255.56 million (9%); and Chile with US$253.71 million (9%). Katja Freitag, the manager of Mining Intelligence who teased out the data and crunched the numbers, noted that while “capital raisings dropped off significantly in March 2020 due to the coronavirus pandemic, they started to recover in April 2020, allowing money to flow into gold exploration.” “Things seem to have normalized again,” she added, noting that capital raisings in February 2021 were “slightly above” those recorded in

EXPLORATION From 3

about Queensway North.” The drill campaign so far has focused on discoveries at the Keats and Lotto zones, although recently the company has also started drilling at its Knob target, about 2 km to the south of Keats, an area previously drilled by Noranda. (In 1994 Noranda reported a historic resource of 77,943 oz. gold at an average grade of 10.3 grams gold per tonne, but drilled only to a depth of about 50 metres, according to Roberts.) On March 16 the company released another set of drill results, with drill hole NFGC-21-118 at Keats yielding an interval of 13.7 metres grading 61.8 grams gold from 211.15 metres downhole, including a one-metre intercept of 565 grams gold. “We’re very excited about the

| Projects in Canada and Mexico received lion’s share of financing

“CAPITAL RAISINGS DROPPED OFF SIGNIFICANTLY IN MARCH 2020 DUE TO THE CORONAVIRUS PANDEMIC, [BUT] THEY STARTED TO RECOVER IN APRIL 2020, ALLOWING MONEY TO FLOW INTO GOLD EXPLORATION.”

Top 14 projects for which capital was raised 1 Feb 2020 - 28 Feb 2021 Project Salares Norte Las Chispas Windfall Lake Blackwater Magino Dargues Reef Cariboo Marmato Cerro Blanco Mount Morgans Bombore Nalunaq Camino Rojo Morila

Location Chile Mexico Canada Canada Canada Australia Canada Colombia Guatemala Australia Burkina Faso Greenland Mexico Mali Top 14 projects

US$ raised 1 Feb % of total capital 20 - 28 Feb 21 raised in period Company that raised the capital US$251.85 million 9% Gold Fields Ltd (NYSE: GFI) US$228.86 million 8% SilverCrest Metals Inc. (TSXV: SIL) US$130.54 million 5% Osisko Mining Inc. (TSX: OSK) US$129.71 million 5% Artemis Gold Inc. (TSXV: ARTG) US$108.13 million 4% Argonaut Gold Inc. (TSX: AR) US$96.50 million 3% Aurelia Metals Ltd (ASX: AMI) US$95.46 million 3% Osisko Development Corp. (TSXV: OD) US$66.12 million 2% Aris Gold Corp. (TSXV: ARIS; US-OTC: ALLXF) US$65.63 million 2% Bluestone Resources Inc. (TSXV: BSR; US-OTC: BBSRF) US$63.18 million 2% Dacian Gold Ltd (ASX: DCN) US$57.39 million 2% Orezone Gold Corp. (TSXV: ORE; US-OTC: ORZCF) US$54.74 million 2% AEX Gold Inc. (TSXV: AEX; LSE: AEXG) US$53.00 million 2% Orla Mining Ltd. (TSX: OLA; NYSE: ORLA) US$52.45 million 2% Firefinch Ltd (ASX: FFX) US$1.45 billion (51% of the total US$2.87 billion) MINING INTELLIGENCE

KATJA FREITAG MANAGER OF MINING INTELLIGENCE

the same month last year. The analysis also found that more than half of the money raised (57%), went to 63 gold projects to advance economic studies — from scoping studies or preliminary economic assessments through to bankable feasibility studies and permitting. Seventy-one percent of the projects were in the early stage of exploration, although they only accounted

for about 25% of the total capital raised during the period. Fifty percent of the funds went to fourteen projects, four of which have recently started production or are about to start production, and ten are in the exploration phase. In total, Mining Intelligence recorded 415 financing transactions during the 13-month period studied, spread across 301 global gold projects. TNM

grades, widths and size that is developing at Keats,” Roberts says. “One of our objectives is to keep drilling at Keats to as big as it gets and to look for more along all the kilometres we have. Keats provides a really good model for us to use to go off after more Keats, along strike on these structures but there’s the depth dimension as well. These things can go very deep and there are possibilities of repetitions with depth.” The exploration focus this year will be to accelerate its grid drilling program along 5 km of strike on the Appleton fault zone and test targets along 3 km of strike on the parallel JBP fault zone. So far the company’s drilling has been quite shallow — roughly 150 metres vertical depth at Keats and about 100 metres at Lotto. Roberts reasons that with an aver-

age grade of about 25 grams gold, Queensway could be a lower cost mine if put into production. “If you work out any possible mining costs either open pit or underground and work that back to cost per ounce, it’s an extremely low-cost per oz. and at these grades you could produce a lot of gold at a small plant, which means low capital costs.” The mining executive also argues that there is a strong analogy between the Queensway project, and the Swan zone of Kirkland Lake Gold’s (TSX: KL; NYSE: KL) high-grade Fosterville mine in Australia. “Comparison of the two has been made for many years before we came along — the age, the lithology, the metamorphic grade and mineralogy and overall genetic model — it’s very similar.” He points out that most orogenic gold deposits globally are much older

MINING INTELLIGENCE

than Queensway’s and Fosterville’s, noting that the gold mineralization at Queensway is about 450 million years old. By comparison, many world class orogenic gold camps such as the Abitibi are more than two billion years old, and typically the high level or “epizonal” portion of the orogenic system has long been eroded away, he says. “But at Queensway as at Fosterville, the high-level epizonal level gold mineralization has been preserved. We believe the mechanism for emplacement of high grade gold at Queensway and Fosterville are very similar.” Orogenic gold deposits form during collision/mountain-building events, he explains. During this process gold-rich magmatic fluids can accumulate at very high temperatures and pressures in the earth’s crust. “Occasionally, perhaps related

to seismic activity, deep breaks or fractures can occur through which these fluids explosively rush to surface. As they do that, the fluid pressure and temperature drops very rapidly and the gold precipitates almost instantly often resulting in “pin-prick” visible gold in a quartz matrix and other features that are indicative of epizonal style mineralization. This epizonal event can result in accumulations of very high grade, near-surface gold.” In addition to its similarities with Fosterville, Roberts notes, Queensway’s other attributes include its location in Canada and specifically in Newfoundland, which he says is pro-mining. “The permitting process has been, I’d say, relatively rigorous but still industry standard, and we See EXPLORATION / 16

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MARCH 29—APRIL 11, 2021 / THE NORTHERN MINER

2021 WRAP-UPS 2021 Barrick’s Bristow and Blackrock’s Hambro discuss ‘profits with purpose’ at PDAC PDAC

BY ALISHA HIYATE Editor in Chief of the Canadian Mining Journall

he 89th annual Prospectors and Developers Association of Canada convention kicked off a little differently this year — in an online format thanks to the ongoing coronavirus pandemic. The highlight of Day 1 was a conversation on “profits with purpose” between Barrick Gold (TSX: ABX; NYSE: GOLD) president and CEO Mark Bristow and Evy Hambro, a managing director and global head of thematic and sector-based investing at BlackRock — the world’s largest asset manager. Moderated by Aline Cote, global head of mining technical services with Glencore International, the conversation covered the current state of the markets, the evolving nature of ESG (environmental, social and governance) metrics and expectations, how companies and investors are adjusting to the new reality, and a glimpse at where it’s all headed. The hour-long discussion started off by acknowledging the strange times in the markets. Hambro noted that very low interest rates, negative real rates and the huge amount of liquidity in global markets have people searching for returns in “unusual places” — such as GameStop stock. As a gold miner, Bristow also puts

| Next decade will see the need for a new mining business model

“WE’VE SEEN THE FIRST SPIKE IN THE GOLD PRICE — THERE’S ANOTHER ONE COMING.” MARK BRISTOW PRESIDENT AND CEO, BARRICK GOLD

cryptocurrencies in the same bucket. “Everyone’s so desperate, they’re not sure about exactly how things are going to work and so they’re buying things that have no real, inherent value in the market,” he said. “We saw that overexuberance in 2009-10, then a major crash and of course you measure it with the gold price,” he added, predicting: “We’ve seen the first spike in the gold price — there’s another one coming.” Layered on top of the unusual and confusing market conditions is the recent, real and incredibly rapid shift among investors towards incorporating ESG into their investment decisions. “It’s a fundamental shift — people are investing from a different, or an evolved perspective, and they’re orientating towards companies and securities that are compliant through the ESG lens,” Hambro said. While ESG is already playing an increasing role in determining the cost of capital for companies, Ham-

bro said this is just the beginning. “The scale of the flows that BlackRock is seeing in terms of the money that’s coming in this direction is extraordinary. And you can see it in the results of companies and the size of the funds that are receiving this capital. On the other side, you can see it in the very, very low bond rates that the companies are able to issue new debt securities at.” ESG ‘balance sheet’ While there are clear benefits for companies who take ESG seriously, the lack of standardization of ESG metrics means any company’s ESG standing is far from clear. ESG and responsible mining are not new concepts, but how ESG is measured varies even among mining industry groups. Hambro likened the current state of ESG with the early days of the safety culture. “There were loads of different metrics people were using and it took a while for that to become standardized. Once it became standardized, the whole industry was moved forward,” he said. Another issue is that current ESG metrics are inadequate to provide a full picture of a company’s performance. That’s why BlackRock visits operations as part of its due diligence to see firsthand the infrastructure that’s been built, meet the locals and see

how they are benefiting from the operation, see the new businesses that are created because of it, and meet with local governments and regulators. “We can see how well the company is perceived in terms of how it operates and how it shares the benefits from its operations with the people around it,” Hambro says. “That isn’t captured in a standard ESG report. Therefore you only get a very, very narrow look at a company’s performance by just relying on those reports.” He added he’d like to see a more “rounded view” — something akin to an “ESG balance sheet” so investors can see both sides of the equation. “If there is something unfortunate that happens, that should be able to be balanced by the positives that get so little daylight,” Hambro said. While BlackRock will conduct site visits, that’s not the case with other large capital pools globally that are looking to invest but don’t have the same kind of fund manager control and due diligence, Bristow said. “The problem at the moment is most ESG reports are generated by artificial intelligence (bots). Once there’s something on the internet, whether it’s right or wrong, it arrives in a report.” Barrick has created its own ESG score for the company, scored against its peer group, and has used it to

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present to shareholders and engage ratings agencies on how they arrive at their ratings. “It’s hard to get to them and force them to be transparent in the way they’re dealing with that,” Bristow said. Ten years down the road The discussion ended with Cote asking Bristow and Hambro for some predictions about the future. Bristow responded to a question about where Barrick would be in ten years’ time by stressing the need for the mining industry to connect with younger people. “The question we need to ask is: ‘How can mining become acceptable to future generations?’” While mining is essential, and “everyone uses it every day,” it’s an unloved industry, Bristow said. “We’ve got to change that.” Bristow suggested the first step towards that change is for the industry to become more diverse — something that was personally exciting for him to watch in action with the Barrick Gold-Randgold merger in 2019. The merger “exposed North America to South America and Africa” and brought together senior executives in all those continents, he said. Second, the industry needs to recruit younger people, who naturally make organizations more agile, and invest in technology that will help with ESG compliance. The industry needs to be “nimble and agile and super smart,” Bristow said. “And that’s like an oxymoron for the mining industry — bar a few exceptions, of course.” For his part, Hambro said that the implementation of circular economy principles will affect commodity pricing — for starters. “I think we’re going to see pricing differentials emerge based around the “greenness” of commodity production. I think we’re going to see a new source of raw materials being exploited, which is from recycling and urban mining.” Changing consumer habits and consumption patterns are also going to have a huge effect within the next decade and will require a new mining business model. “We’re seeing it play out already — look at carbon pricing today, it’s almost doubled in the last few months. If that starts to get priced into commodities and you get a price differential, some players are not going to survive,” Hambro said. “I think that will be the key difference over this decade is the evolution of the mining industry and how it actually satisfies the shift from the end consumer.” TNM

GLOBAL MINING NEWS

THE NORTHERN MINER / MARCH 29—APRIL 11, 2021

Think big: Exploration opportunity is huge, says BHP’s Laura Tyler PDAC

BY CARL A. WILLIAMS Canadian Mining Journal

“F

rom where I sit, the opportunity in front of us is huge,” BHP’s (NYSE: BHP; LSE: BHP; ASX: BHP) chief technical officer Laura Tyler told the PDAC’s virtual convention. “I see great prosperity as we collaborate to discover the commodities of the future … faster, more efficiently, and more sustainably than ever before.” Speaking from Adelaide in Australia, Tyler noted that the last year had been one of “challenge and opportunity for us all.” She then provided a brief history of nickel, which is fast becoming the “workhorse” of battery technologies and plays an essential role in decarbonizing the global economy. Tyler said that the answer to many of the challenges the world faces could be found in the resources that the mining industry finds and produces. For example, the industry provides essential products for economic growth and the transition to a lowcarbon global economy by enabling cleaner power generation, more efficient transportation systems, and battery storage technologies. “As exploration professionals, we are vital to the delivery of a better future,” Tyler said. “We play our part at the front end of the value chain, and we unlock the resources the world needs.” Exploration, she continued, is the lowest cost path to growth and value creation for BHP’s shareholders and is critical to the company’s future,

| BHP moves exploration headquarters for nickel and copper to Toronto noting that BHP is increasing its presence around the world, including opening an office in Toronto. On March 10, the company announced that it is moving its exploration headquarters for nickel and copper — two metals expected to see increased future demand from the growth in electric vehicles — to Toronto, Canada’s most populous city. BHP said that moving the 50-person exploration team, which includes the senior exploration leadership team, to Toronto from Santiago, Chile, will allow the company to be closer to its main markets. It is also expected to open up more opportunities in funding and recruitment. The move follows BHP’s decision last August to partner with Midland Exploration (TSXV: MD) to explore for nickel in northern Quebec. Owning the best assets in the best commodities is “a dynamic process that involves rigorous analysis, reflecting a constantly evolving world,” Tyler said. Citing the success of BHP’s Mount Whaleback iron ore mine in Western Australia, which, over the past 50 years, has produced some of the highest grade iron ore for use in the steel that has shaped the modern world. She recognized that the company “cannot just do more of what we’ve done for the last 30 years” and believes that the “golden years” of exploration are yet to come. “We must think big, innovate and apply new technology to unlock opportunities to safely find the resources of the future.”

Laura Tyler Chief Technical Officer, BHP. BHP

However, to unlock this potential, two significant challenges face the industry: the scarcity of high-quality resources and higher sustainability standards. Discovering tier one resources has become more technically challenging. Large, high-quality discoveries that have a realistic chance of being developed into operational assets within an appropriate timeframe are becoming more challenging to find, Tyler noted. In practice, this means making more discoveries like the Oak Dam copper deposit in South Australia. The deposit, she said, was discovered in 2017 by taking a “fresh approach” by looking at the “science through the lens of the Mineral Systems Framework and the knowledge” gained on iron oxide-copper-gold ore deposits at BHP’s Olympic Dam underground mine, also located in

South Australia. The second challenge is higher expectations of sustainability, Tyler said, with the impact of emissions, the stewardship of our planet, and maintaining the quality of our atmosphere, hydrosphere, biosphere, and terrasphere, key concerns for humanity. “The interesting catch to all this is that under even the most aggressive decarbonization scenarios, the world needs more minerals, and therefore more discoveries leading to more mines,” she noted. Limiting increases in average global temperatures to less than 1.5 degrees Celsius (as stipulated under the 2015 Paris Agreement on climate change), would require almost twice as much steel in the next 30 years as was consumed in the last 30. Copper production would have

to double over the next 30 years to support the development of renewable technologies and new charging infrastructure for electric vehicles. Nickel production would need to increase almost four-fold to power the next generation of battery technologies required for the forecast demand from electric and hybrid vehicles. Tyler believes that technology will be vital to making future discoveries to meet this increasing demand for ‘green’ metals. “By harnessing technology, we can make the Earth at 400 metres depth as transparent to exploration as the surface of the Earth is today.” Taking a more holistic view of deposit forming systems will also create new insights and investing in new technologies such as real-time sensors, multi-physics arrays, and data analytics will accelerate decision making and reduce the logistical effort, improving confidence in discovery. Tyler noted that BHP is collaborating with industry partners to develop the next generation of sensors designed to maximize data collection and minimize the footprint on the ground. The company has also partnered with Ideon Technologies Inc. This Canadian technology company is pioneering the application of muon (high energy cosmic rays) tomography to identify and image mineral and metal deposits. BHP is now using muon detectors to image underground sulphide orebodies at its nickel mines in Western Australia. TNM

Embracing ESG can offer greater access to lower-cost capital, says Sprott’s Daniella Dimitrov PDAC

| “Investors believe that the quality and timeliness of ESG could be significantly improved.”

BY CARL A. WILLIAMS cwilliams@northernminer.com

ineral exploration and mining companies that incorporate environmental, social, and governance (ESG) principles as “true value drivers” as part of their corporate culture will outperform and have greater access to more long-term capital and at lower costs, says Daniella Dimitrov, a partner at Sprott Capital. The principles of ESG are not new to the mining industry, Dimitrov told the virtual audience at this year’s PDAC. “For many years, the industry has been focused on doing the right thing to obtain and maintain our social license to operate.” While acknowledging the significant benefits that mining has brought to the communities in which they operate, including job creation, the S&P Global Ratings, she said, ranks the metals and mining industry at the bottom (along with the oil and gas industry) for its combined environmental and social risks score. The increased frequency of more catastrophic climate events, the Covid-19 pandemic and its impacts, and the increasing social focus on

“ACCORDING TO MCKINSEY, 25% OF ALL INVESTMENT FUNDS CURRENTLY REQUIRE SOME FORM OF COMPLIANCE WITH ESG CRITERIA.” DANIELLA DIMITROV PARTNER, SPROTT CAPITAL

diversity and inclusion means that ESG has grown and will continue to grow in importance, Dimitrov said. “Not just for stakeholders such as the communities around mining operations but also for governments, regulators, and investors.” “Regulators around the world are taking note,” she said. This month, for example, European Union regulations on sustainability related disclosures take effect in the EU and the United Kingdom. These new disclosure requirements aim

to enhance transparency around the integration of ESG into investment management decisions and recommendations. “Many of these requirements will apply to investment managers that do not necessarily have a focus on ESG mandates,” Dimitrov said. In December 2020, an advisory committee to the U.S. Securities and Exchange Commission (SEC) put forward several recommendations, including that the SEC should require the adoption of standards that meet specific criteria by which corporate issuers disclose material ESG risks. “This disclosure [the committee said] should more closely align to financial disclosure, including aligning [ESG] data with financial metrics as well as making the data and presentation of such information machine-readable in a standard format to ease the compliance review by regulators,” she noted. In July, Ontario’s capital markets modernization task force noted that both issuers and investors had expressed concerns around a standardized framework for ESG disclosure and made several recommendations. “This means ESG is on the radar

of regulators and governments, who could move very quickly to creating regulations around this that mirror the comply or report approach that they have taken to governance and diversity,” Dimitrov said. Investors are increasingly considering ESG factors in their investment decisions, she added. “According to McKinsey, 25% of all investment funds currently require some form of compliance with ESG criteria.” Dimitrov also noted that in November, the CEOs of eight of the leading Canadian pension plan investment managers, with assets totalling more than $1.6 trillion, asked that companies measure and disclose their performance on material, industry-relevant ESG factors. While ESG considerations may not be mainstream for all North American investors, the number of investors applying ESG reviews as part of their risk assessment and investment decisions is growing and becoming an increasingly important part of the conversation with major investors, she said. A significant challenge for the industry, investors, and stakeholders, however, is the number of different standards, frameworks, and rank-

ings around ESG, Dimitrov said. These include the Global Reporting Initiative, the United Nations Sustainable Development Goals, the World Gold Council’s Responsible Gold Mining Principles, the World Economic Forum’s International Business Council guidelines, and the International Council on Mining and Metals’ Performance Expectations. “These are just the guidelines, principles, and frameworks,” she said. “There are also ESG rankings, including the MSCI World Index, Bloomberg Sustainability Index, S&P Refinitiv ESG Score, the Institutional Shareholders Services’ ESG rating, and so on. So, I can understand the confusion that is out there on the part of company investors, boards, and shareholders.” There are also challenges around the capacity and cost for smaller issuers to navigate these frameworks and rankings, she said. “I hope that a formal framework, universally adopted, will standardize compliance in reporting,” Dimitrov said. “In the meantime, investors believe that the quality and timeliness of ESG could be significantly improved.” TNM

WWW.NORTHERNMINER.COM

MARCH 29—APRIL 11, 2021 / THE NORTHERN MINER

Exploring 30 years of global gold endowment with Flydentity’s Douglas Silver PDAC

| Deposits today are larger in tonnage, lower in grades and contain more ounces

BY CARL A. WILLIAMS

cwilliams@northernminer.com

he first keynote address of this year’s Prospectors and Developers Association of Canada (PDAC) convention was particularly germane given that PDAC is the world’s largest mining conference, most publicly listed mineral companies are Canadian, and the majority of these have gold mining operations. The talk, entitled “The fate of gold deposits,” was delivered by Douglas Silver, CEO of Flydentity LLC. He explored global gold endowment over the past 30 years. Silver said the idea for the talk started when he asked the question “What happened to the gold deposits of 1989?” during a keynote speech in 2019 at the 30th anniversary of the Denver Gold Group, which he founded in 1989. He first started by developing a database containing 2,748 gold deposits dating back to 1989. “I then systematically went through over 5,500 company websites on the Goldsheets mining directory to update old deposits and add new deposits,” he explained. “Missing data was fleshed out using The Northern Miner and the Mines Handbook, with specific data from Stockwatch, and I backfilled with data extracted from hundreds of NI 43-101 reports and company press releases,” he said. Silver noted that many gold deposits disappear because they are either mined out, abandoned, or returned

“WHEN GOLD PRICES ARE LOW, YOU MINE HIGH GRADES, AND WHEN GOLD PRICES ARE HIGH, LIKE TODAY, YOU MINE LOW GRADES.” DOUGLAS SILVER CEO, FLYDENTITY LLC

to their private owner. Deposits also change names, and operators often don’t disclose the termination of operations or dropped properties. “In addition, the multiple expansions of large porphyry copper mines means that many [operators] no longer consider their precious metals as material and so don’t report them,” he said. Older deposits, he added, are often incorporated into more significant deposits due to land consolidation and the push for larger mines, citing as examples the Canadian Malartic mine, jointly owned by Yamana Gold (TSX: YRI; NYSE: AUY) and Agnico Eagle Mines (TSX: AEM; NYSE: AEM), and the Super Pit in Western Australia operated by Kalgoorlie Consolidated Gold Mines, a joint venture between Barrick (TSX: ABX; NYSE: GOLD) and Newmont (TSX: NGT; NYSE: NEM). In 1989, approximately 2.5 billion oz. of gold resources were held in 2,748 deposits, which, by 2020,

had increased to 2.6 billion ounces. Although the number of millionplus-oz. deposits had declined from 414 in 1989 to 355 in 2020, the total gold resources for these deposits increased from 2.1 billion oz. to 2.5 billion oz. over the same period, Silver said. While the proportion of million-plus-oz. deposits compared to total deposits declined from 15% to 13%, he noted that the share of gold production from these deposits compared with total production increased from 83% to 96% over the past 30 years. Of the 2,748 deposits in 1989, 27.3% (750) went into production and 25.8% (710) are still known to host resources, he added. (When using “resources,” Silver notes that he is referring to a combination of measured, indicated, and inferred resources.) “In 1989, most of the deposits were in Canada and the U.S.,” he said. “If you add in Mexico [in fifth place], then North America comprised 58% of the total deposits globally but only about 21% of the total gold production that year.” South Africa, he continued, was the fourth-highest country (after Australia) for the number of deposits in 1989, producing over 600 million oz. of gold, the highest amount of any country that year. (Canada placed second at nearly 300 million ounces.) However, South Africa’s gold production has dropped to about 300 million oz. and is the world’s fourth-largest producer today, with Canada the number one

producer at approximately 600 million ounces. Outside the top 11 gold producing countries globally, the rest of the world accounted for over 600 million oz. of gold production in 1989 and over 1.6 billion oz. in 2020, with Ethiopia increasing its number of deposits by 400%, Finland by 400%, Saudi Arabia by 367%, Romania by 233%, and Armenia by 200% over this period, Silver explained. “The database showed that 23 deposits representing a total of 147 million ounces of gold have been known about for 30-plus years but have never been placed in production,” he said. “Fifteen of these deposits are located in Canada, with six in the U.S., one in Peru, and one in Chile.” According to Silver’s analysis, today’s gold deposits are larger in tonnage, have lower grades, and contain more ounces compared with deposits in 1989, which, he said, is primarily due to the higher gold prices and lower operating costs today. He estimated that the average grade of deposits in 1989 was 1.37 grams gold per tonne, with those same deposits now showing 0.56 gram gold per tonne. Total tonnage for these deposits increased to 133.1 billion tonnes containing 4.1 billion ounces from 54.6 billion tonnes containing 2.4 billion oz. of gold over the past 30 years. When new discoveries were included in the calculation, taking the total number of deposits to 3,721, the total tonnage was estimated

Battle North Gold’s Bateman project in northwestern Ontario’s Red Lake mining district.

M & A From 1

tion of assets is expected to accelerate the company’s plans to grow its production in the region. “This acquisition provides Evolution with an opportunity to expand our footprint in the region and create value by leveraging the infrastructure of the two operations. The additional processing capacity from the new Bateman mill will also accelerate our ability to achieve our objective of producing in excess of 300,000 ounces of gold per annum from Red Lake.” The Bateman project includes an 1,800 tonne-per-day mill that is

permitted for throughputs of 1,250 tonnes per day and expandable to 2,500 tonnes per day with “minimal capital,” according to the press release. A 2020 feasibility study defined an eight-year, 1,315 tonne-per-day underground mine producing an average of 79,308 gold oz. annually, at all-in sustaining costs of US$865 per oz., with an initial capital estimate of $109.3 million. In February, Battle North approved construction of the project and guided for commercial production by the end of 2022. In a research note, Andrew Mikitchook (who covers Battle North) and Brian Quast (covering Evolution)

of BMO Capital Markets said they viewed the transaction “as positive for both parties as Battle North provides profit for its shareholders, and Evolution expands its presence in the Red Lake area.” The analysts noted that Battle North’s $704 million of tax loss pools (transferable within Ontario) could attract a competing offer “from an established Ontario miner” but, with the Red Lake-area synergies, consider this to be an unlikely scenario. The transaction needs to be approved by Battle North shareholders at a meeting that is expected to be held in May. Officers and directors,

to be 244.6 billion tonnes grading 0.52 gram gold containing 4.1 billion ounces. “What you see here is classic resource management,” Silver explained. “By the end of 1989, the gold price was about US$409 per ounce, and by the close of December last year it was US$1,860 per ounce. So, when gold prices are low, you mine high grades, and when gold prices are high, like today, you mine low grades.” The mix of mining methods has also changed over the past 30 years, with the proportion of open-pit mines increasing by 20% and the share of million-plus-oz. deposits that are open-pit mined jumping 35%, he noted, despite the impacts of open-pit mining on the environment. Silver acknowledged that, although his database shows that there is about 4.4 billion oz. of gold resources today, this figure does not include gold from companies that are mining platinum group elements, which, could account for another million ounces, or gold mined at porphyry copper deposits, which can typically contain anywhere from a million to 10 million ounces. “When you roll all this together, it amounts to probable resources of about 5.0 billion ounces, which, if mined at 100 million ounces per year provides for a 50-year supply,” he said. “Improvements in technology, which lead to lower operating costs and lower cut-off grades, combined with increases in gold prices could see a lot more gold being extracted.” TNM

BATTLE NORTH GOLD

who hold approximately 0.6% of Battle North’s shares, have entered into voting support agreements with Evolution to vote in favour of the deal. The producer also has the right to match any superior proposal, with a $14.8 million termination fee payable if the agreement is terminated. Battle North has also agreed to pay Evolution $2 million if the agreement is terminated due to a shortfall in shareholder approval. Evolution expects to fund the deal with its current cash balance and available credit; no shareholder vote is required. While this transaction needs to

be approved by the Supreme Court of B.C. (it would be implemented under a statutory plan of arrangement under the province’s Business Corporations Act), there are no regulatory approvals required. Closing is expected in the second quarter of 2021. In Canada, Evolution is working to ramp up production from its Red Lake asset to the 300,000 to 500,000 oz. per year level with a shorter-term goal of 200,000 oz. annually at AISCs of less than US$1,000 per oz. by 2023. Last quarter, the miner generated 33,709 gold oz. from Red Lake at AISCs of A$1,937 per ounce. TNM

SPECIAL FOCUS

GLOBAL GOLD EXPLORATION ISTOCK/JAMIELAWTON

Troilus Gold to acquire UrbanGold Minerals

Roxgold extends mineralisation at Seguela in Côte d’Ivoire AFRICA

| Feasibility study to be completed in the next couple of months

Extension drilling of the Koula deposit at Roxgold’s Seguela gold project. ROXGOLD

BY CARL A. WILLIAMS

cwilliams@northernminer.com

ince its discovery in September 2020, the Koula deposit at Roxgold’s (TSX: ROXG; USOTC: ROGFF) Seguela gold project in Côte d’Ivoire, 240 km northwest of Yamoussoukro, has “blown all our expectations for the project out of the water” says the company’s president and CEO John Dorward. “The latest drill results from the deposit continue to build our confidence that Koula has the potential to significantly extend the mine life at Seguela through a high-grade underground mining operation,” he said in an interview. Highlights from the latest drilling at the deposit included drillhole SGRD1084, which intersected 16 metres grading 26.5 grams gold per tonne from 233 metres, including 2 metres of 115.3 grams gold per tonne. Drillhole SGRD1088 returned 15 metres grading 18.5 grams gold from 256 metres, including 5 metres of 24.2 grams gold and 3 metres grading 45.1 grams gold. “These holes were the first to be drilled down-plunge and outside what is considered the current resource shell,” said Dorward, who joined the company as interim CEO in September 2012 and was appointed president and CEO later that year. “They demonstrate that Koula is not only a high-grade deposit but that the mineralisation also extends to depth.” Roxgold’s geologists found the deposit during field reconnaissance and mapping in an area considered a lower exploration priority. Initially, Roxgold thought Koula was a satellite of the main Antenna deposit, one kilometre to the southwest. But the team’s thinking has changed since then. “We now believe that Koula has the potential to become the most important deposit

“THESE HOLES WERE THE FIRST TO BE DRILLED DOWNPLUNGE AND OUTSIDE WHAT IS CONSIDERED THE CURRENT RESOURCE SHELL.” JOHN DORWARD PRESIDENT AND CEO, ROXGOLD

to be defined on the property.” In addition to the Koula and Antenna deposits, the 36,300-hectare property contains three other known deposits: Agouti (2.5 km northeast of Antenna); Boulder (1.5 km southeast of Antenna); and Ancien (five km south of Antenna). There are also more than 28 exploration targets on the property that offer the potential for near-surface ounces. In December, Roxgold was granted a mining permit for Seguela. The permit is valid for ten years and there is potential to renew the license as Roxgold grows the project. The company plans to complete a feasibility study for Seguela in the next couple of months that will show a “dramatic improvement” in the project’s economics compared with a preliminary economic assessment (PEA) tabled in April 2020. The PEA envisioned a series of open-pit mines at Antenna, Ancien, Boulder, and Agouti feeding a central gold processing facility. The early stage study estimated a mine life of 8.2 years producing a total of 841,000 oz. of gold, or about 103,000 oz. annually at all-in sustaining costs of US$749 per ounce. In the first three years, average annual production is higher at about 143,000 oz. at AISCs See AFRICA / 10

M&A

| Grows foothold in Quebec

BY MAGDA GARDNER

Canadian Mining Journal staff

roilus Gold (TSX: TLG; US-OTC: CHXMF) plans to expand its position in Quebec’s Frotet-Evans greenstone belt by 33% through an all-share acquisition of junior UrbanGold Minerals (TSXV: UGM). The two companies have entered into a definitive agreement with Troilus offering 0.3004 of a Troilus share for each UrbanGold share, which equates to an offer of 30¢ a share, and is a 35.3% premium based on 20-day volume weighted prices. This consideration equates to approximately $19 million on a basic share outstanding basis. UrbanGold’s management and board, which own approximately 6.6% of the shares, have entered into support agreements to vote in favour of the deal. Troilus currently holds 9.7% of UrbanGold. The junior’s shareholders are expected to cast their votes on the combination at a shareholder meeting ahead of a closing that is expected by the end of May. “The acquisition of Urban Gold aligns with Troilus’ focus on developing a near-term production asset while executing a growth strategy supported by a broad portfolio of exploration and early-development assets within the Frôtet Evans belt and Quebec,” Justin Reid, Troilus CEO, said in a news release. The deal would add 351-sq.-km to Trolius’ 1,073-sq.-km portfolio in the Archean-age belt, for a total of 1,424 sq. km, with drill targets across the consolidated property that would “offer further growth potential to the long-term scale and scope of the Troilus asset.” As part of the amalgamation, Troilus would issue 17.2 million of its shares (18.7 million if all UrbanGold options are exercised), diluting its

Inside the core shack.

TROILUS GOLD

shares by between 11.5% and 12.4%. The deal is subject to approval by UrbanGold shareholders and dependent on regulatory approvals. If it does not go ahead due to a superior proposal, or other pre-specified circumstances, UrbanGold would need to pay Troilus a termination fee of $500,000. According to Jacques Wortman of Laurentian Bank Securities, the proposed deal is a “positive” for Troilus shareholders, driven by the 33% increase in landholdings along

the “highly prospective” greenstone belt. The mining analyst specifically mentions the addition of a “significant land position to the southwest of the key northeast-southwest trend that hosts the past-producing pits (Z87 and J Zone), the Southwest zone, and potentially the Beyan prospect.” “Further to the south, UGM also has the Freegold Bullseye property area in close proximity to TLG’s TesSee M & A / 10

FIT-FOR-PURPOSE GOLD SOLUTIONS Our fit-for-purpose gold solutions encompass the skills of qualified geologists, geostaticians, analytical chemists, mineralogists, metallurgists, process engineers and mining engineers brought together to provide accurate and timely mineral and process evaluation services across the entire mining life cycle. SGS IS THE WORLD’S LEADING INSPECTION, VERIFICATION, TESTING AND CERTIFICATION COMPANY

WWW.SGS.CA/MINING NAM.NATURALRESOURCES@SGS.COM

MARCH 29—APRIL 11, 2021 / THE NORTHERN MINER

Workers socially distance at a construction pre-start meeting at Seguela. ROXGOLD

AFRICA From 9

of US$600 per ounce. The study pegged pre-production capex at US$142 million, with US$36 million budgeted for sustaining capital. Based on a gold price of US$1,450 per oz., the study forecast an after-tax net present value at a 5% discount rate of US$268 million, an internal rate of return of 66% and a payback of just over one year. “After the discovery of Koula, we quickly decided to defer the feasibility study [on Seguela] to include the drill results from the deposit,” Dorward said. “We’re likely to see a very high conversion rate from inferred to measured and indicated resources with high-grade material of around seven to eight grams per tonne.” In November, the company updated the resource estimate for the project and outlined 12.78 million measured and indicated tonnes grading 2.5 grams gold per tonne for 1.04 million oz. contained gold. Inferred resources stand at 2.4 million tonnes grading 4.8 grams gold for 370,000 oz. of gold. Roxgold acquired Seguela from Newcrest Mining (TSX: NCM; ASX: NCM) in 2019 for US$20 million. “Our original thesis for the project was that we’d be able to extend some of the initial deposits that Newcrest

had outlined,” said Dorward, noting that at the time, Newcrest had only reported an inferred resource for Antenna of 430,000 ounces. “We felt that Antenna could be incrementally grown out as well as some of the satellite feeder projects like Agouti, to build out a nice project in the 700,000-800,000 oz. range.” Since the acquisition, Roxgold has expanded the project dramatically, Dorward said, adding that he believes Ancien and Koula will be “two of the highest grade open pit deposits not just in West Africa, but the world.” “In hindsight, Seguela is now looking like a great deal for us,” he said. Roxgold plans to make a construction decision for Seguela by the middle of the year, with the first gold pour expected by the end of 2022. The company has already begun initial work on the project, including upgrades to the access road, building accommodation for workers, and has also started engineering designs for the processing plant. Currently, four drills are turning at the project focused on extension and infill drilling at Koula, extension drilling on Ancien, and drill testing other targets on the property. Seguela benefits from existing infrastructure, including a highvoltage powerline that runs across

SPECIAL FOCUS GLOBAL GOLD EXPLORATION

the property, connecting it to lowcost hydroelectricity. The project also has access to water resources, is near a road, and sits just 20 km from an airstrip at the town of Seguela. Dorward, who first started working in West Africa as CFO of Mineral Deposits Ltd. in 2006, points out that working in Côte d’Ivoire offers many advantages. “The economy has been doing extremely well over the past decade and is a very welcoming jurisdiction for foreign investment. There is considerable engineering, construction, and mining capacity within the country, and there is direct access to a port, unlike in Burkina Faso, which is land-locked.” In addition, the time from discovery to production can be remarkably rapid in West African countries, he said, noting that Yaramoko, its underground mine complex in southwestern Burkina Faso, poured its first gold within five years of the initial discovery. “There are very few jurisdictions where you can do that.” With about US$62 billion in the bank, Dorward said he hopes to build Seguela without raising additional capital. Elsewhere in West Africa, Roxgold plans to finish the first resource estimate before the end of the year for its advanced-state Boussoura gold project in Burkina Faso. Boussoura is about 180 km south of Yaramoko. Significant shareholders include Appian Capital, which holds a 13.3% stake in the company; Ruffer LLP (9.2%); 1832 Asset Management (5.1%); Van Eck Associates (4.3%); and insiders and management (2.3%). At presstime in Toronto Roxgold was trading at $1.66 per share within a 52-week range of 56¢ and $1.92. Mining analysts Geordie Mark and Alvin Islam of Haywood Securities have a buy rating on Roxgold and a price target of $2.40 per share. The company is “a preferred name” in their coverage of the junior mining space, they noted in a recent research note, and “ongoing positive news flows may help drive the company’s shares higher over the near- to mid-term.” TNM

WWW.NORTHERNMINER.COM

Kirkland Lake drills wide gold intervals outside Detour Lake resources | Updated production plan and reserve statement expected early next year ONTARIO

Inside the processing facilities at Kirkland Lake Gold’s Detour mine. AIDAS ODONELIS/KIRKLAND LAKE GOLD

M & A From 9

tard prospect and UGM’s PalladorRegnault property is in relatively close proximity to Kenorland Minerals’ (TSXV: KLD) Regnault discovery area that returned encouraging highgrade assays last April.” Overall, Wortman is “encouraged that the transaction will not dilute TLG’s cash position and will have no impact on the timeline to completion of the prefeasibility study scheduled for later this year.” There are no changes to his “buy” rating and

$3.80 per share target for Troilus. (At presstime in Toronto, Troilus was trading at $1.10 per share within a 52-week range of 48¢ and $1.82.) Troilus is working to deliver both an updated resource estimate and a prefeasibility study for its namesake project in the second half of this year. On the exploration side, the company started a 20,000-metre drill program in September. A September 2020 preliminary economic assessment defined a 22-year, US$333 million open pit and underground mine producing an average

of 220,000 gold oz. a year over the first five years. Existing resources, within the Southwest, Z87 South, Z87 and J zones, include 177.3 million indicated tonnes grading 0.75 gram gold per tonne, 0.08% copper and 1.17 grams silver per tonne, as well as 116.7 million inferred tonnes at 0.73 gram gold, 0.07% copper and 1.04 grams silver. The past-producing Troilus mine generated over 2 million gold oz. and 70,000 tonnes of copper from open-pit operations between 1996 and 2010. TNM

BY MAGDA GARDNER

Canadian Mining Journal

rilling targeting underexplored areas around the Detour Lake pits at Kirkland Lake Gold’s (TSX: KL; NYSE: KL) Detour Lake property returned wide and high-grade gold intervals. The miner is completing a 250,000 metre exploration program at the site in 2021 with an updated production plan and reserve statement expected early next year. The latest results included assays for 30 drillholes completed at the Saddle zone, between the Main and West pits, where continuous mineralization has been confirmed over 800 metres of strike and to a depth of 800 metres, and around the West pit reserve shell, with mineralization traced west and below the reserves. Highlights from the Central Saddle zone included 26.9 metres of 13.95 grams gold per tonne; and 58 metres of 3.63 grams gold per tonne. Drilling in the eastern portion of Saddle returned 105.9 metres of 1.21 grams gold; and 120.3 metres of 1.1 grams gold, confirming continuous mineralization to the west and below the Main pit resources and reserves. Notable intercepts from areas below the West pit reserves included 119 metres of 1.47 grams gold; and 128 metres of 0.92 grams gold. Grounds west of the West pit returned 11.3 metres of 2.34 grams gold, with the mineralization extended by 300 metres west of the latest reserves. “With today’s results, we are increasingly confident that a large continuous deposit is situated along

the Detour Mine Trend (DMT) that extends from the Main pit, through the Saddle zone and continues beyond the West pit location. We are also extremely encouraged by the wide, high-grade intersections being reported at depth across the Saddle zone, which confirm the potential for strong growth in mineral resources and mineral reserves in support of future open-pit and as well as underground mining,” Tony Makuch, Kirkland Lake Gold’s president and CEO, said in a press release. Makuch added that the company plans to release an updated NI 43101 technical report for Detour Lake by the end of March, which will outline a production profile in line with the company’s prior guidance for 680,000 to 720,000 oz. a year between 2021 and 2023 from the open pit mine, increasing to approximately 800,000 oz. annually in 2025. The report will not include any drilling completed by Kirkland Lake Gold since acquiring the asset — these results will be incorporated into a new mine plan that is expected early next year. Results from central Sadddle suggest a similar style and grade of mineralization to the existing Main and West pits with wide and high-grade gold intervals near the lower limits of the existing resource shell. Assays from the Detour Mine Trend, east of the West pit, appear to confirm the continuity of mineralization through the western portion of Saddle and into an area under the West pit. Exploration at Detour Lake is ongoing with 12 drills, which are expected to drill approximately 270,000 metres by year-end. TNM

GLOBAL MINING NEWS

SPECIAL FOCUS GLOBAL GOLD EXPLORATION

THE NORTHERN MINER / MARCH 29—APRIL 11, 2021

EXPLORING BRITISH COLUMBIA’S NEWEST GOLD BELT

Westhaven is a gold-focused exploration company advancing the high-grade discovery on the Shovelnose project in Canada’s newest gold district, the Spences Bridge Gold Belt. Westhaven controls 37,000 hectares (370 square kilometres) with four 100% owned gold properties spread along this underexplored belt. The Shovelnose property is situated off a major highway, near power, rail, large producing mines, and within commuting distance from the city of Merritt, which translates into low-cost exploration.

The Company is fully funded for 2021 and well into the 2022 season. Objectives for 2021 are to find more gold-silver zones on the Shovelnose property, complete a maiden resource at the South Zone, and extend the high-grade mineralization at the newly discovered FMN and Franz Zones. Drilling at Shovelnose in the latter part of 2020 has been primarily focused on testing vein continuity along the 4km strike length of Vein Zone 1, the most significant mineralized structure defined to date on the Shovelnose Gold Project. This program has extended the known vein system northwest into the gap between the FMN and Franz targets and has confirmed the vein system remains open to the northwest at Franz. Vein Zone 1 will continue to be the focus for the coming year, including step out and infill drilling at South Zone. The company currently has two drills turning and plans to drill approximately 40,000 metres this year with the majority focused on exploration targets, including those generated from CSAMT and DC Resistivity surveys completed in 2020. A large regional exploration program will target features delineated by work performed in 2020 and prior years. Activities will include prospecting, mapping, stream sediment and soil sampling. Preliminary metallurgical test work has begun on the South Zone.

www.westhavengold.com | (604) 681-5558 | TSX: WHN.V | info@westhavengold.com

SPECIAL FOCUS GLOBAL GOLD EXPLORATION

MARCH 29—APRIL 11, 2021 / THE NORTHERN MINER

WWW.NORTHERNMINER.COM

GLOBAL GOLD EXPLORATION

EIGHT COMPANIES EXPLORING FOR THE PRECIOUS METAL BY MAGDA GARDNER mgardner@canadianminingjournal.com

With gold’s reputation as a store of value and recent goldfocused merger and acquisition activity, there is renewed investor interest in companies active in this exploration, development and production space. Below we profile eight companies focused on the precious metal. n AMERICAN CREEK RESOURCES American Creek Resources (TSXV: AMK; US-OTC: ACKRF) holds a 20% carried interest in the Treaty Creek gold-silver project in northwest B.C.’s Golden Triangle. Tudor Gold (TSXV: TUD) holds a 60% interest in the project and is the operator while Teuton Resources (TSXV: TUO) also owns a 20% share. Both American Creek and Teuton’s interests are carried until they receive a production notice for the project — they would then be required to contribute their 20% shares of development costs. In March, Tudor announced an initial resource estimate for the Goldstorm and Copper Belle zones at Treaty Creek. Total resource figures feature 815.7 million measured and indicated tonnes at 0.66 gram gold per tonne, 3.6 grams silver per tonne and 0.06% copper that contain 19.4 million goldequivalent ounces. Inferred resources add 311.7 million tonnes grading 0.72 gram gold, 4 grams

Outlining a new portal entrance at New Gold’s New Afton mine.

silver and 0.05% copper and host an additional 7.9 million goldequivalent ounces. The pit-constrained measured and indicated resource includes 609.8 million tonnes grading 0.72 gram gold-equivalent, host to 14.2 million gold-equivalent

ounces. Additional in-pit inferred resources stand at 139.4 million tonnes at 0.77 gram gold-equivalent, containing 3.5 million goldequivalent ounces. This year, Tudor plans to continue drilling Goldstorm to define the limits of its component zones

Newly listed on TSXV: KLD

THE NEXT GENERATION OF DISCOVERY Over 1,000,000 acres of mineral tenure: Alaska, Quebec, and Manitoba Up to C$12m in planned exploration expenditures in 2021 Discovery-stage drilling initiatives on three flagship projects in 2021 9000m drill program currently underway at the Regnault gold discovery

www.kenorlandminerals.com

NEW GOLD

with additional work scheduled for the Eureka and Perfect Storm areas. Tudor Gold’s initial metallurgical test work suggests “excellent” gold recoveries to a gravity and flotation concentrate with no deleterious elements, according to the company. The 179-sq.-km property borders Seabridge Gold’s (TSX: SEA; NYSE: SA) KSM project to the southwest and Pretium Resources’ (TSX: PVG; NYSE: PVG) Brucejack property to the southeast. In the Kamloops mining district in south-central B.C., American Creek owns the Austruck-Bonanza gold-silver-copper project. The property is in the southern extension of the prospective Quesnel Trough. At the end of February, American Creek completed the spinout of the Dunwell property in the Golden Triangle, among other mineral assets to Stinger Resources (TSXV: STNG) in exchange for 45 million shares of Stinger. These shares were distributed to American Creek shareholders on a pro-rata basis. American Creek Resources has a $121.3 million market capitalization. n GOLIATH RESOURCES Goliath Resources (TSXV: GOT; US-OTC: GOTRF) is a junior explorer with a portfolio of properties in B.C.’s Golden Triangle and in Quebec’s Abitibi greenstone belt. The company may earn up to a 100% interest in the Golddigger and Lucky Strike projects in the western province and holds the Nelligan East and West properties in Quebec. At 238.6 sq. km, Golddigger is 30 km southeast of Stewart and lies along the Eskay Rift. The 4-sq.-km Surebet zone discovery on the site is about 8 km southwest of Fury Gold Mines’ (TSX: FURY) Homestake Ridge project and lies within a shear zone. Surebet is made up of northwest to southeast-trending

structures with gold-silver mineralization in an alteration halo. Approximately 1,000 metres of its strike is exposed at surface as well as 500 metres of vertical relief with an inferred down-dip span of 1,000 metres. Goliath expects this zone to cover 2 km of strike. The exploreco has defined 11 drill targets along the 1,000-metre strike of Surebet, with an additional target identified at the East Splay zone, approximately 200 metres away. In November, Goliath announced channel sample assays from the Main and Upper Main Waterfall zones at Surebet. Highlights from the Main Waterfall area included 15.1 metres of 7.64 grams gold per tonne, 382 grams silver per tonne, 0.04% copper, 0.83% lead and 0.52% zinc (13.05 grams gold-equivalent). In 2020, Upper Main Waterfall returned a 10-metre interval of 14.11 grams gold. Both of these areas remain open and are now ready for drilling — Goliath is planning to complete an initial drill program at Surebet this year. In March, Goliath completed a $2.9 million non-brokered financing with Eric Sprott and Crescat Capital — Sprott and Crescat now own 8.3% and 9.9% of the company. The company’s 315.1-sq.-km Lucky Strike property in B.C. is south of the Golden Triangle and hosts an outcropping gold-coppermoly porphyry system. Highlights from 2019 drilling included 20.7 metres of 0.39 gram gold-equivalent. Results from last year’s geochemical program suggest a “large porphyry system” at the site. The Nelligan East and West holdings are in the Chibougamau-Chapais mining camp. Nelligan East’s western boundary is 8 km east of the past-producing Joe Mann mine, where Dore CopSee GLOBAL GOLD EXPLORATION SNAPSHOT / 13

GLOBAL MINING NEWS

SPECIAL FOCUS GLOBAL GOLD EXPLORATION

THE NORTHERN MINER / MARCH 29—APRIL 11, 2021

Left: Westhaven Resources’ Shovelnose property 30 km south of Merritt, British Columbia. Above: Buckreef crushing and grinding circuit. TANZANIAN GOLD Below: A bulk sample pond at the Austruck-Bonanza property. AMERICAN CREEK

GLOBAL GOLD EXPLORATION SNAPSHOT From 12

per (TSXV: DCMC; US-OTC: DRCMF) may earn up to a 100% interest. Nelligan West is 30 km from the Nelligan gold project under an earn-in to joint venture agreement between Iamgold (TSX: IMG; NYSE: IAG) and Vanstar Mining Resources (TSXV: VSR; US-OTC: VMNGF). Goliath Resources has a $31 million market capitalization. n NEW GOLD New Gold (TSX: NGD; NYSE: NGD) is a two-asset gold and copper producer, with its Rainy River open pit mine in Ontario and the New Afton block cave in B.C. This year, Rainy River is expected to generate 275,000 to 295,000 gold-equivalent oz. at allin sustaining costs of US$1,125 to US$1,225 per gold-equivalent ounce. New Afton is expected to generate 52,000 to 62,000 oz. of gold and 56 million to 66 million lb. of copper (165,000 to 195,000 gold-equivalent oz.) at AISCs of US$1,225 to US$1,325 per goldequivalent ounce. These numbers would bring total expected output for 2021 to 440,000 to 490,000 gold-equivalent ounces. Over the next four years (by 2025), the miner expects to grow its production to the 575,000 goldequivalent oz. a year level as the Rainy River underground and New Afton C-zone come on-line. Company-wide AISCs are expected to trend down to approximately US$800 per gold-equivalent oz. by 2025. New Gold expects this production schedule to generate an estimated US$1.5 billion in free cash flow over the next five years, assuming US$1,800 per oz. gold, US$3.25 per lb. copper and US$20 per oz. silver. At Rainy River, the focus this year is on underground decline development to the Intrepid zone, with the first ore level accessed in the first quarter, and on refining the underground mining plan ahead of first underground production that is scheduled for 2022. An economic study is also underway to evaluate a stand-alone underground mine at the site that could extend the mine life beyond 2028. Exploration at Rainy River is focused on the North East trend target, where two coincident geochemical and geophysical anomalies have been defined within a 15 km structural corridor. First production from the deeper New Afton C-zone is expected by the second half of 2023. This year, the company expects to spend US$80 million to US$110 million on growth capital at the mine — the majority of this spend will go towards C-zone development and tailings facility construction and stabilization. A 10,000-metre exploration program at the Cherry Creek area, 3 km from the New Afton mill, started last year, with over 6,500 metres completed in the

WESTHAVEN RESOURCES

fourth quarter of 2020, targeting near-surface epithermal and porphyry-style mineralization. In March, the producer announced a $24.8 million investment in Harte Gold (TSX: HRT; US-OTC: HRTFF), giving it a 14.9% stake in the Ontario focused single-asset producer. New Gold also has an 8% gold stream on the first 280,000 gold ounces produced from Artemis Gold’s (TSXV: ARTG) Blackwater project, declining to 4% thereafter. New Gold has a $1.5 billion market capitalization. n PRIME MINING Prime Mining (TSXV: PRYM; US-OTC: PRMNF) is working to advance the 63-sq.-km Los Reyes low-sulphidation epithermal goldsilver Los Reyes project in Mexico’s Sinaloa state into production. Last April, Prime published an updated pit-constrained oxide resource for the site, based on a heap leach processing scenario, with 19.8 million measured and indicated tonnes grading 1 gram gold per tonne and 26.15 grams silver per tonne (1.31 gram gold-equivalent), containing 833,000 gold-equivalent ounces. Inferred resources add 7.1 million tonnes at 0.78 gram gold and 29.95 grams silver (1.14 gram gold-equivalent) for a further 261,000 gold-equivalent ounces. The resource remains open with an additional eight to ten highgrade unexplored discoveries at the site. Over 17.5 km of mineralized strike has been outlined at the project to date, 40% of this strike has been explored to date. In mid-March, Prime announced that it had filed an application for an additional 75 sq. km of mineral rights, the El Rey claim block, which adjoins the eastern and northeastern boundaries of Los Reyes. Also in March, the company released initial results from a 15,000metre diamond drill program at Los Reyes. Assays from the Guadalupe East area included 20.1 metres of 3.25 grams gold and 380 grams silver at approximately 320 metres below the surface as well as 3.8 metres of 3.69 grams gold and 305.1 grams silver from the San Nicholas vein, below the resource. Mapping and sampling at the Mina 20/21 area also discovered a historic mining zone. The chip sampling returned a number of mineralized intervals, including 3 metres of 29.8 grams gold and 1,132 grams silver. Five drills are working at the site. Prime’s exploration strategy includes upgrading the inferred resource with 1,500 metres of shallow drilling; expanding the resource along strike and down-dip with 3,500 metres of drilling; and defining new targets in unexplored areas — 5,000 metres of drilling is underway. The company has also completed trenching to infill and grow the resource and is complet-

See GLOBAL GOLD EXPLORATION SNAPSHOT / 14

VICTORIA GOLD: THE LEADING YUKON GOLD DEVELOPER AND PRODUCER

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Victoria Gold’s Eagle gold mine in the Yukon.

VICTORIA GOLD CORP.

ing 3,500 metres of surface trenching to outline new targets. Past operators spent over US$20 million on exploration and engineering at the site over a 25 year period. Prime Mining has a $249 million market capitalization. n TANZANIAN GOLD Tanzanian Gold (TSX: TNX; NYSE: TRX) is de-risking and advancing the Buckreef gold project in Tanzania through the scale-up of an operating oxide plant at the site while also completing a feasibility for underlying sulphides. The company expects to expand the plant from its current pilot run rate of five tonnes per hour to 40 tonnes per hour in the next 12 months, to reach a gold production rate of 15,000 to 20,000 oz. a year. Longer term, Tanzanian Gold is looking to establish a significant sulphide operation at Buckreef, with feasibility study results expected in the next 12 to 18 months. In February, the company released initial metallurgical test results on the sulphide component of Buckreef — diamond core samples grading between 0.54 gram gold and 19.4 grams gold suggest gold recoveries of between 85.3% and 95.4%. The proposed flowsheet includes crushing, grinding and flotation, regrinding and cyanidation to produce dore. The Buckreef deposit hosts measured and indicated resources of 35.9 million tonnes grading 1.77 grams gold per tonne, containing 2 million gold oz. and an inferred resource of 17.8 million tonnes at 1.11 grams gold, for a further 635,540 ounces. Mineralization at the Buckreef deposit has been traced over 1,200 metres of strike at the Main zone and to depths of over 500 metres. Tanzanian Gold says it sees considerable exploration upside at the site. Buckreef lies in north-central Tanzania, 40 km southwest of the town of Geita, and within the Archean-age Lake Victoria Greenstone belt. The State of Tanzania operated Buckreef as an underground mine in the late 1980s. Barrick Gold’s (TSX: ABX; NYSE: GOLD) Bulyanhulu mine and AngloGold Ashanti’s (NYSE: AU) Geita mine are within a 65 km radius. The Tanzanian government holds a 45% interest in the project. Tanzanian Gold is the majority

shareholder and operator. Buckreef is made up of a 16-sq.-km Special Mining License (SML) and 12 prospecting licenses that cover 98.2 sq. km. The SML is permitted for oxide and sulphide operations. Over the past four months, Tanzanian Gold has announced management moves to help move the company from the explorer category to the developer and producer tiers. In February, geoscientist Andrew Cheatle was named chief operating officer and in December, Stephen Mullowney joined the company as CEO. In February, the company closed a stock offering, for net proceeds of US$19.8 million. Tanzanian Gold has a $220.8 million market capitalization.

Goliath Resources is exploring the Lorne Creek porphyry system at the Lucky Strike property.

n TOREX GOLD Torex Gold’s (TSX: TXG) flagship asset is the 290-sq.-km Morelos gold property in Guerrero state, Mexico. The project includes the operating El Limon Guajes mining complex, with three open pits and an underground mine, a processing plant, as well as the Media Luna underground deposit, 7 km from the plant. This year, Torex expects El Limon Guajes to produce 430,000 to 470,000 gold oz., at all-in sustaining costs of US$920 to US$970

GOLIATH RESOURCES

www.tangoldcorp.com NYSE: TRX TSE: TNX Michael Martin (860) 248-0999 m.martin@tangoldcorp.com

See GLOBAL GOLD EXPLORATION SNAPSHOT / 15

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Prime Mining’s flagship Los Reyes gold and silver project, 43 km southeast of Cosala in Mexico’s Sinaloa state. GLOBAL GOLD EXPLORATION SNAPSHOT From 13

per ounce. The producer is working on a feasibility study for Media Luna, expected in the first quarter of 2022, ahead of first production targeted for 2024. Together with the feasibility, Torex plans to release an updated mine plan for El Limon Guajes. The Media Luna deposit includes 12.6 million indicated tonnes grading 5.55 grams gold per tonne, for a total of 2.2 million gold-equivalent oz. and 33.5 million inferred tonnes at 4.23 grams gold, containing 4.6 gold-equivalent ounces. As part of its Media Luna technical work, Torex is looking at both a conventional mine design as well as at a mine plan that would use the company’s proprietary Muckahi mining system. This year, the miner expects to spend US$125 million to US$150 million in nonsustaining capital to advance Media Luna and complete development work at El Limon Guajes, which includes a third portal to reduce underground haul distances. The majority of this year’s US$90 million to US$100 million investment in Media Luna is intended for a 7-km tunnel and for a portal that would allow access to upper portions of the deposit from the south. The Muckahi mining system, developed by Torex, features conveyor-based transport of broken rock from a stope to surface using an overhead monorail up ramps with an approximate incline of 30 degrees. Last year, the company successfully demonstrated that the individual system components were able to move rock. This year, Torex plans to field test the components as a single system in the upper portions of El Limon Deep. Aside from these two mining centres, approximately 75% of Morelos remains unexplored. This year, Torex is planning to spend US$2.5 million on regional exploration. Torex Gold has a $1.4 billion market capitalization. n VICTORIA GOLD Victoria Gold (TSX: VGCX) is ramping up its Eagle gold mine in the Yukon. The heap leach mine reached the commercial production milestone in July 2020 and is expected to generate 180,000 to 210,000 oz. of gold this year at allin sustaining costs of US$1,050 to US$1,175 per ounce. As part of its “Project 250k” the company is working to grow its output to 250,000 oz. a year by 2023. Victoria is looking at op-

tions such as year-round stacking onto the leach pad, screening fines before crushing and lowering the cut-off grade and increasing the amount of material hauled directly to the leach pad. Currently there is no stacking to the Eagle leach pad between January and March due to the cold Yukon weather. At the same time, the growing miner is also looking to extend the Eagle mine life. While a 2019 technical report outlined an operation producing over 210,000 gold oz. a year over a plus-ten-year life, Victoria has its sights set on a mine life extension out to 2040, dubbed “Project 2040.” The Eagle mine lies within the 555-sq.-km Dublin Gulch property and is made up of the Eagle and Olive deposits. Current reserves across the two total 155 million tonnes grading 0.65 gram gold per tonne, for a total of 3.3 million gold ounces. This year, Victoria expects to spend $12.5 million on exploration. There is potential upside for resource and reserve growth nearmine and at regional targets. The Eagle pit, planned to a depth of 350 metres, hosts mineralization to depths of up to 650 metres. Victoria is also planning to infill the Olive deposit and drilling 10,000 metres at Eagle, targeting mineralization below and around the pit. Regional targets include Nugget and Raven (with 14,000 metres scheduled between June and October), Lynx, VBW/Falcon and Olive-Shamrock. Victoria also plans to complete trenching and collect soil samples across its property. In December, Victoria reported drill results from Lynx, with nearsurface highlights of 153.8 metres of 0.49 gram gold and 11.9 metres of 1.26 grams gold. November’s drillhole assays from Raven included 19 metres of 3.95 grams gold and 13.2 metres of 3.05 grams gold. Victoria Gold has a $807.6 million market capitalization. WESTHAVEN GOLD Westhaven Gold (TSXV: WHN) is exploring for gold at its 176.2-sq.km road-accessible Shovelnose project at the southern edge of the Spences Bridge gold belt in B.C., 30 km south of Merritt. The company sees potential for a low-sulphidation epithermal system at the site. Drilling completed between 2018 and 2020 has defined three major vein systems at the site associated with four areas of highgrade gold-silver mineralization. The largest, Vein zone 1, has been traced over 4 km of strike and includes the FMN, Franz and South areas; Westhaven has also hit highn

grade gold at the Lear target. In March, the company reported results from its 43,166metre 2020 drill program at Shovelnose. Drill highlights included 6 metres of 2.36 grams gold per tonne and 98.42 grams silver per tonne from FMN; and 0.6 metre of 6.05 grams gold and 148 grams silver from Franz. At FMN (a December discovery), gold and silver has been traced over 200 metres of strike while Franz (discovered in September) has been defined over

PRIME MINING

650 metres. With a 600-metre gap between FMN and Franz, drilling is ongoing to test this strike. The December FMN assays included 19.9 metres of 2.62 grams gold and 139.75 grams silver. At the South zone, a 2018 discovery, drilling has hit the three goldbearing vein zones. Drillholes completed in 2019 returned 15.5 metres of 4.8 grams gold and 61.21 grams silver and 12.7 metres of 39.31 grams gold and 133.11 grams silver. An initial resource for the South

zone is expected this year. In March, Westhaven closed a $15 million bought deal. This year, the explorer plans to drill over 40,000 metres. This work will focus on Vein zone 1. The company also holds the Skoonka North, Skoonka Creek and Prospect Valley projects along the 110 km Spences Bridge belt, with a total land position of 370 sq. km along the belt. Westhaven Gold has a $75.7 million market capitalization. TNM

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Checking drill core at Generation Mining’s Marathon palladium project in northwestern Ontario.

GENERATION MINING

Generation Mining feasibility study defines 13-year open pit mine ONTARIO BY MAGDA GARDNER

Canadian Mining Journal

feasibility study from Generation Mining (TSX: GENM) on its Marathon palladiumcopper project in northwestern Ontario suggests a 25,200 tonne per day open pit operation producing a copper-PGM (platinum group metal) concentrate for sale to an offsite smelter. In its first three years of operation, the 13-year surface mine would generate a total of 588,000 palladium oz. and 122 million lb. of copper from an estimated 270,000 tonnes of shipped concentrate. Life-of-mine payable metals are estimated at 1.9 million palladium oz., 467 million copper lb., 537,000 oz. of platinum, 151,000 oz. of gold and 2.8 million oz. of silver. With all-in sustaining costs pegged at US$809 per palladium-equivalent oz., and an initial capital cost assumption of $665 million, the after-tax net present value for the development is estimated at $1.1 billion with a 29.7% internal rate of return and a 2.3-year payback. These numbers are based on a 6% discount rate for the NPV and long-term metal prices that

| Production of copper-PGM concentrate could begin in early 2024

“THE FEASIBILITY STUDY CONFIRMS THE ECONOMIC VIABILITY OF THE MARATHON PROJECT, AND OPENS THE WAY FOR PERMITTING MILESTONES.” PIERRE VAILLANCOURT HAYWOOD SECURITIES

include US$1,725 per oz. palladium and US$3.20 per lb. copper. “This study confirms that the Marathon palladium and copper project is a substantial mining project that is expected to provide a very robust return on investment,” Jamie Levy, Generation Mining’s president and CEO, said in a news release. Executive Chairman Kerry Knoll added that over the remainder of the year, the company plans to move forward with the environmental approval process as well as with detailed engineering and financing

work. Construction is expected to start next year, pending permitting and financing constraints. According to Drew Anwyll, Generation Mining’s chief operating officer, the latest 9.2-million-tonne-per-year process plant design incorporates improved metallurgical recoveries. The mine plan also features “strategic sequencing” of the pits, targeting higher-grade material in the first half of the mine life. Generation Mining is progressing an Environment Approval process for the site. The initial Environment Impact Assessment (EIS addendum) was issued in January, the second volume is expected in the first quarter. Marathon is assessed under the Canadian Environmental Assessment Act and Ontario’s Environmental Assessment Act through a joint review panel. The capital cost estimate accounts for an 18-month construction timeline with a nine-month commissioning and ramp-up. Mining would develop three open pits, at a peak rate of 110,000 tonnes annually. The process design includes a flotation circuit with Woodgrove direct

flotation reactors that are expected to use less power with improved performance. Recoveries are forecast at 86.9% for palladium and at 93% for copper. The element grades in the concentrate are estimated at between 39 grams per tonne and 171 grams per tonne for palladium and between 18.7% and 19.7% for copper, with additional platinum, gold, silver and rhodium. Generation Mining holds an 80% interest in Marathon; South Africaheadquartered Sibanye Stillwater has a 20% interest and back-in rights which, in specific circumstances, would allow it to increase its stake in the project to 51%. The joint venture management committee and Sibanye Stillwater (NYSE: SBSW) have not yet approved the feasibility — the two parties are planning to review the study. Pit-constrained resources at the Marathon project include 244.9 million measured and indicated tonnes grading 0.53 gram palladium per tonne, 0.2% copper, 0.07 gram gold per tonne, 0.18 gram platinum per tonne and 1.58 grams silver per tonne. Inferred resources add 33.8 million pit-constrained tonnes at 0.4 gram

palladium per tonne, 0.22% copper, 0.05 gram gold per tonne, 0.1 gram platinum per tonne and 1.48 grams silver per tonne. Pierre Vaillancourt of Haywood Securities raised his target price on the company following the news to $2.25 per share, up from his previous forecast of $1.75 per share. “The feasibility study confirms the economic viability of the Marathon project, and opens the way for permitting milestones,” the analyst wrote in a research note. “The focus now is to move ahead with the detailed engineering and the Environmental Assessment (EA) process, which is expected to be completed in 2Q22. Once the EA is approved, GENM will be in a position to obtain key permits in time for construction to begin in 3Q22.” “The mine is expected to take 18 months to build,” he continued, “which could result in production startup in 1Q24. This schedule assumes there are no delays, which is far from certain, however, the project has strong support from provincial ministries and First Nations, which are critical in moving the mine forward.” TNM

2021 EDITION of the Mines Handbook is here Quickly find the mining company facts you need

Drill core from New Found Gold’s Queensway project.

EXPLORATION From 5

haven’t had any trouble permitting; and the government is very supportive.” The project’s close proximity to the city of Gander, with a population of about 20,000 people, is also a big plus, he says. “There are a lot of geologists and prospectors who live there so we benefit.” The company, created in 2017, went public in August 2020. Major shareholders are Palisades Goldcorp (33%); Eric Sprott (16.9%); Novo Resources (11%); Rob McEwen (7%), and institutions (8%).

NEW FOUND GOLD

The company has working capital of $69 million. That should grow to about $84 million, once its closes a non-brokered private placement with Sprott announced on March 18. Sprott is acquiring an additional 2.85 million common shares at $5.25 apiece, which will increase his stake in the junior to 18.4%. Over the last year New Found Gold has traded in a range of $1.24 and $4.90 per share and at presstime were trading at $4.84. The junior has about 149 million common shares outstanding for a market cap of about $720 million. TNM

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M A R K E T N EWS TORONTO STOCK EXCHANGE / MARCH 15 – 19 The S&P/TSX Composite Index fell 0.53% to 18,854 during the March 15-19 trading week. The S&P/TSX Global Mining Index slipped 2.68% to 103.66, and the S&P/TSX Global Base Metals Index dropped 5.98% to 158.12. Spot gold declined by US$17 per oz., or 0.98%, to US$1,744.90 per oz., and the S&P/TSX Global Gold Index rose by 3.07% to 294.71. Aura Minerals jumped $2.29 to $14.80 per share. The company approved a dividend of US83¢ a share for a total payment of US$60 million. President and CEO Rodrigo Barbosa said the company finished 2020 with US$118 million in cash. Aura Minerals produced 204,000 gold-equivalent ounces last year and in January said it expects 2021 annual production of 225,000 to 290,000 GEOs. The company’s producing assets include the San Andreas gold mine in Honduras, the Ernesto/ Pau-a-Pique gold mine in Brazil, the Aranzazu copper-gold-silver mine in Mexico and the Gold Road mine in the U.S. The company also has two gold projects in Brazil (Almas and Matupa) and one gold project in Colombia (Tolda Fria). Shares of Harte Gold climbed 3¢ to 17¢ per share. Harte Gold announced that New Gold is making a $24.8 million strategic investment

in the company, acquiring 155 million common shares at a price of 16¢ per share for a 14.9% stake. In addition, Harte Gold reported that BNP Paribas has agreed to re-schedule about $50 million of the company’s scheduled amortization payments under the company’s senior debt facility. The Sugar zone mine in Ontario’s Hemlo camp entered commercial production in 2019 and produced 25,000 oz. of gold last year. Production guidance for 2021 is set at 60,000-65,000 ounces and Harte Gold said it hopes to expand production to 100,000 oz. of gold a year by 2023. Denison Mines rose 1¢ to $1.43 per share. The company announced on March 15 that it would raise US$75 million in a bought TSX MOST ACTIVE ISSUES VOLUME (000s) HIGH

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26.77 1.35 2.57 25.39 4.56 8.39 5.58 23.98 2.29 25.27

27.65 1.43 2.62 26.17 4.71 8.70 5.86 24.00 2.34 25.37

+ + + + + + -

1.67 0.01 0.80 0.81 0.20 0.33 0.21 3.90 0.04 2.85

ment and/or construction” of the company’s flagship 90%-owned Wheeler River uranium project. “The physical uranium holdings that we expect to acquire will represent a sizeable portion of Denison’s share (2018 prefeasibility study) of the expected $290 million of initial capital costs for Wheeler River,” David Cates, Denison’s president and CEO stated in a press release. TNM

deal financing — 68.2 million units at $1.10 per unit — to fund the strategic purchase of about 2.5 million lb. of U308. The financing closed on March 22, and with the underwriters’ over-allotment of 10.23 million units, the proceeds rose to US$86.27 million. Denison said it wanted to purchase the uranium “as a long-term investment” to support “the potential future financing of the advance-

TSX GREATEST VALUE CHANGE

TSX GREATEST PERCENTAGE CHANGE VOLUME (000s) HIGH

Battle North Verde Potash St Augustine Harte Gold Fortune Mnrls Forsys Metals Laramide Res Roxgold Aura Minerals Canagold Res Ascendant Res Century Global Almaden Min First Quantum Champion Iron SouthGobi Res Teck Res Aquila Res PolyMet Mng SRHI Inc

BNAU NPK SAU HRT FT FSY LAM ROXG ORA CCM ASND CNT AMM FM CIA SGQ TECK.B AQA POM SRHI

VOLUME (000s)

WEEK LOW CLOSE CHANGE

41864 2.63 2.57 899 1.97 1.42 4175 0.10 0.07 8108 0.17 0.14 4359 0.15 0.12 1262 0.64 0.49 2403 0.53 0.43 8363 1.83 1.51 321 15.00 12.60 851 0.58 0.44 669 0.23 0.16 592 0.25 0.15 382 0.93 0.74 20088 28.09 23.98 3134 5.90 5.14 23 0.81 0.69 18162 28.13 25.27 823 0.11 0.09 34 5.15 4.40 787 0.67 0.54

2.62 1.85 0.09 0.17 0.15 0.60 0.51 1.83 14.80 0.52 0.17 0.19 0.75 24.00 5.27 0.74 25.37 0.09 4.46 0.56

+ + + + + + + + + + -

44.0 30.3 28.6 25.9 25.0 22.4 20.0 19.6 18.3 18.2 25.0 20.8 16.7 14.0 12.3 10.8 10.1 10.0 9.9 9.7

Franco-Nevada Newmont Corp Aura Minerals Endeavour Mng Agnico Eagle Pan Am Silver Turquoise HIl Victoria Gold Solaris Res NovaGold Res First Quantum Teck Res Ero Copper Lithium Amer Suncor Energy Largo Res Nutrien Labrador IOR Nexa Resources Altius Mnrls

FNV NGT ORA EDV AEM PAAS TRQ VGCX SLS NG FM TECK.B ERO LAC SU LGO NTR LIF NEXA ALS

3398 869 321 6301 4324 2633 6321 1288 465 1256 20088 18162 1745 4893 55814 844 11218 6259 4 717

WEEK CLOSE

156.00 78.11 14.80 26.55 75.81 41.90 21.18 13.77 8.39 11.95 24.00 25.37 22.90 20.04 27.65 17.79 71.37 39.14 12.70 15.63

CHANGE

+ + + + + + + + + + -

5.54 4.70 2.29 2.16 2.09 1.91 1.45 1.27 1.24 1.22 3.90 2.85 2.16 1.86 1.67 1.62 1.55 1.16 1.12 1.10

TSX VENTURE EXCHANGE / MARCH 15 – 19 The S&P/TSX Venture Composite Index rose 1.38% to finish the trading week at 995.80. Spot gold declined by US$17 per oz., or 0.98%, to US$1,744.90 per ounce. Great Bear Resources jumped $1.64 to $17.14 per share. Drilling by the company on a mostly untested, 250-metre northwest section of the LP fault at its flagship Dixie project in Red Lake, Ontario, returned high-grade intervals as well as low-grade intervals of bulk-tonnage style mineralisation. Highlights included 4.3 metres of 25.12 grams gold per tonne starting from 406.3 metres; 53.6 metres of 1.07 grams gold from 495.5 metres; and 1.3 metres of 19 grams gold from 268.5 metres. The LP fault covers 18 km of strike within the 91.4-sq.-km property, but Great Bear is focusing on infilling a 4-km section as part of this year’s $45 million exploration program. The company plans to undertake additional drilling to test for mineralization at depth, down to 750 meters, and to examine regional targets at Dixie. Shares of AbraSilver Resource climbed 11¢ to 57¢ per share. The company announced the highest silver drill intercept to date at its whollyowned Diablillos property in Argentina. Assays from the Oculto deposit returned 103 metres of 388.62 grams silver per tonne and 1.7 grams

gold per tonne (516.1 grams silver-equivalent per tonne) from 141 metres, including 17 metres of 1,466.7 grams silver and 0.55 grams gold (1,507.9 grams silver-equivalent). The 80 sq. km property “is rapidly emerging as a truly unique, high quality silver-gold project with tremendous upside potential,” John Miniotis, AbraSilver’s president and CEO, stated in a press release. The drill results and the near-surface bulk mineable zones, he noted, “provide us with a very high level of confidence that the future economics of the Diablillos project can be significantly enhanced.” The company plans to release an updated resource estimate and updated economic study later this year. Tinka Resources rose 3¢ to 27¢. The company TSX-V MOST ACTIVE ISSUES VOLUME (000s) HIGH

Sparton Res Tinka Res Leeta Gold Chilean Metals AbraSilver Res Mineworx Tech Parlane Res Northern Uran Focus Graphite Discovery Met

SRI 69388 TK 33704 HIVE 16392 CMX 12975 ABRA 11071 MWX 9971 IMIN 9608 UNO.H 9213 FMS 8807 DSV 8176

0.21 0.30 5.08 0.43 0.64 0.04 0.55 0.04 0.19 2.43

WEEK LOW CLOSE CHANGE

0.08 0.22 4.12 0.30 0.52 0.03 0.37 0.02 0.13 2.02

0.12 0.27 4.69 0.32 0.57 0.04 0.50 0.03 0.19 2.25

+ + + + + + +

0.04 0.03 0.19 0.07 0.11 0.01 0.06 0.01 0.02 0.11

announced that Nexa Resources, one of the world’s largest zinc producers, has acquired an 8.8% stake in the company, acquiring 29.9 million common shares of Tinka at a price of 26¢ per share. Nexa owns Peru’s only operating zinc smelter and three underground base metals mines in the country, and according to Wood Mackenzie, it was among the top five producers of mined zinc last year. Tinka

is developing its 100%-owned Ayawilca zincsilver project, 200 km northeast of Lima, which is one of the largest zinc projects in Peru. The project contains 11.7 million indicated tonnes grading 6.9% zinc, 0.16% lead, 84 grams indium per tonne, and 15 grams silver per tonne (8.1% zinc equivalent) for 1.8 billion lb. contained zinc, 983 tonnes of indium, 5.8 million oz. of silver, and 42 million lb. of lead. TNM TSX-V GREATEST VALUE CHANGE

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

Diamond Fields Virginia Enrgy Alturas Min Search Mnls Corsa Coal Trifecta Gold Libero Copper Goldcore Res Sparton Res Finlay Minrls District Mines Nickel Rock Newmac Res NSGold Discovery-Corp Getty Copper Zimtu Capital Prime Meridian Crown Mining Kalo Gold

DFR VUI ALT SMY CSO TG LBC GEM SRI FYL DIG.H NICL NER NSX DCY GTC ZC PMR CWM KALO

1380 593 748 4461 1593 1148 3833 1141 69388 184 48 4236 24 14 7 26 15 81 1064 25

0.50 0.39 0.04 0.26 0.51 0.12 0.67 0.39 0.21 0.10 0.15 0.35 0.14 0.27 0.10 0.09 0.25 0.16 0.30 0.48

VOLUME (000s)

WEEK LOW CLOSE CHANGE

0.23 0.18 0.03 0.14 0.00 0.08 0.43 0.25 0.08 0.07 0.11 0.21 0.09 0.23 0.09 0.00 0.00 0.12 0.20 0.35

0.47 0.35 0.04 0.25 0.48 0.12 0.63 0.38 0.12 0.10 0.11 0.22 0.10 0.23 0.09 0.08 0.21 0.12 0.22 0.37

+ + + + + + + + + + -

95.8 94.4 75.0 75.0 68.4 60.0 46.5 44.2 43.8 42.9 63.3 36.2 32.1 31.3 29.2 25.0 23.6 23.3 22.8 22.1

Great Bear Res Rock Tech Lith Prime Mining Gold X Mining New Found Gold Los Andes Filo Mg Corp Tudor Gold Intl Cons Uran EnCore Energy Tanqueray Expl Metalla Rylty E3 Metals Chesapeake Gld Pure Gold Mg American Lith Gratomic Canada Nickel Pac Booker Min Leeta Gold

GBR RCK PRYM GLDX NFG LA FIL TUD CUR EU IPA MTA ETMC CKG PGM LI GRAT CNC BKM HIVE

WEEK CLOSE

688 17.14 696 5.32 4323 3.22 4517 3.88 2448 4.68 19 7.20 916 2.98 458 3.38 402 1.75 2397 1.34 405 12.70 186 11.57 807 3.00 156 4.00 3762 1.80 1917 2.67 4956 1.39 1215 3.42 25 2.11 16392 4.69

CHANGE

+ + + + + + + + + + -

1.64 1.42 0.94 0.94 0.69 0.55 0.36 0.36 0.35 0.30 1.83 0.93 0.34 0.24 0.24 0.23 0.22 0.20 0.19 0.19

U.S. MARKETS / MARCH 15 – 19 The Dow Jones Industrial Average dropped 0.46% to finish the week at 32,627.97 and the S&P 500 fell 0.77% to 3,913.10. Spot gold fell by US$17 per oz., or 0.98%, to US$1,744.90 per ounce. Eldorado Gold rose US53¢ to US$12 per share. On March 17, lawmakers in Greece approved a revised contract with Eldorado, paving the way for restarting a major mining investment stalled over licensing and environmental concerns. The Vancouver-based miner has been embroiled for years in a standoff with Greece over environmental concerns around its Skouries, Olympias, and Stratoni projects in northern Greece. Last month, Greece signed an amended agreement with Eldorado, including a bigger investment plan of US$3.1 billion for the mines, the creation of additional jobs, and higher royalties. Eldorado said the revised deal would allow it to complete construction work, start production at Skouries, expand output at Olympias, and boost exploration investment at Stratoni. Under the revised deal, Eldorado will also submit a new proposal for building a gold processing plant in 12-24 months and will further evaluate financing options for Skouries. Barrick Gold rose US64¢ to US$20.96. In a press release on March 19 announcing the

publication of its 2020 annual report, the gold major said it “met all its key performance indicators in 2020 and at the same time made significant progress towards achieving its key objectives.” The company also said in the press release that since the announcement of the Randgold merger, Barrick’s share price had grown by 118% by the end of 2020 compared with the GDX’s 92% increase in that period. Barrick also noted that it had “trebled” its quarterly dividend and that the board has recommended that an additional $750 million of surplus cash be returned to shareholders as a return of capital distribution this year. “A company that was burdened by net debt of more than $13 billion as recently as 2013 now U.S. MOST ACTIVE ISSUES VOLUME (000s)

Freeport McMoR* FCX 129358 United States S* X 113420 Vale* VALE112101 Barrick Gold* GOLD85904 Kinross Gold* KGC 81378 Cleveland-Clif* CLF 72546 Newmont Corp* NEM 66188 Yamana Gold* AUY 64362 Chevron Corp* CVX 62637 Hecla Mining* HL 52986

HIGH

WEEK LOW CLOSE CHANGE

37.57 33.84 24.28 21.01 17.86 16.91 21.34 20.32 7.14 6.73 17.78 15.55 63.63 59.38 4.73 4.43 111.91 102.74 6.98 6.46

34.99 22.41 17.25 20.96 + 6.92 + 16.63 61.93 + 4.57 + 103.38 6.50unch

2.43 1.76 0.37 0.64 0.19 0.91 2.94 0.10 8.18 0.00

has zero net debt, no significant maturities for the next 10 years and a robust balance sheet, with strong liquidity consisting of $5.2 billion in cash and an undrawn $3 billion credit facility,” Mark Bristow, the company’s president and CEO, stated in the news release. Shares of Teck Resources fell US$2.35 to US$20.28. The company announced the release of its 20th annual Sustainability Report. The

company updated its sustainability strategy last year, which set out “new long-term objectives supported by shorter-term milestone goals.” Teck said it has “ambitious goals” including being carbon neutral across all of its operations by 2050, disposing zero industrial waste by 2040, and transitioning to seawater or lowquality water at all of its operations that are in water-scarce areas by 2040. TNM

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

Gold Fields* Turquoise HIl* Natural Res Pt* Pretium Res* Newmont Corp* Seabridge Gld* Coeur Mng* Eldorado Gold* Harmony Gold* Sandstorm Gold* CONSOL Energy* Teck Res* Lithium Amer* HudBay Min* Southern Copp* Chevron Corp* United States S* Trecora Res* Freeport McMoR* Arch Resources*

GFI TRQ NRP PVG NEM SA CDE EGO HMY SAND CEIX TECK LAC HBM SCCO CVX X TREC FCX ARCH

52544 10.13 6464 18.20 134 19.50 8760 11.20 66188 63.63 2128 18.46 22444 10.49 12531 12.37 25937 4.59 10989 7.29 2195 11.02 35290 22.61 16863 17.83 5297 7.64 5412 78.20 62637 111.91 113420 24.28 664 8.11 129358 37.57 2282 49.99

U.S. GREATEST VALUE CHANGE VOLUME (000s)

WEEK LOW CLOSE CHANGE

9.26 10.04 15.69 16.94 18.09 19.00 10.41 11.09 59.38 61.93 17.35 18.07 9.54 9.96 11.28 12.00 4.38 4.54 6.93 7.17 9.76 10.02 20.20 20.28 15.44 15.97 6.90 6.92 71.10 72.14 102.74 103.38 21.01 22.41 7.46 7.47 33.84 34.99 44.74 46.54

+ 7.7 + 7.0 + 5.7 + 5.0 + 5.0 + 4.8 + 4.7 + 4.6 + 4.4 + 3.3 - 11.1 - 10.4 - 9.1 - 9.1 - 7.5 - 7.3 - 7.3 - 6.5 - 6.5 - 6.4

Franco-Nevada* FNV Newmont Corp* NEM Agnico Eagle* AEM Black Hills* BKH Turquoise HIl* TRQ Natural Res Pt* NRP Seabridge Gld* SA Gold Fields* GFI Barrick Gold* GOLD Eldorado Gold* EGO MartinMarietta* MLM Chevron Corp* CVX Southern Copp* SCCO Rio Tinto* RIO Arch Resources* ARCH Freeport McMoR* FCX Teck Res* TECK United States S* X Lithium Amer* LAC Suncor Energy* SU

4408 66188 5585 2609 6464 134 2128 52544 85904 12531 2029 62637 5412 15859 2282 129358 35290 113420 16863 44039

WEEK CLOSE

CHANGE

124.33 61.93 60.64 67.08 16.94 19.00 18.07 10.04 20.96 12.00 332.06 103.38 72.14 76.55 46.54 34.99 20.28 22.41 15.97 22.02

+ 3.76 + 2.94 + 1.53 + 1.29 + 1.11 + 1.03 + 0.83 + 0.72 + 0.64 + 0.53 - 11.77 - 8.18 - 5.85 - 4.72 - 3.20 - 2.43 - 2.35 - 1.76 - 1.60 - 1.51

GLOBAL MINING NEWS

THE NORTHERN MINER / MARCH 29—APRIL 11, 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 Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Mar 18 2020 (change from Mar 11, 2020 in brackets): Aluminium 1680 (0) Aluminium 1897300 (+288,625) Copper 106425 (+15600) Lead 123775 (+8075) Nickel 260208 (+546) Tin 1780 (+95) Zinc 265825 (-1850)

Coal: Central Appalachia, 12,500 Btu, 1.2 S02-R,W: US$59.10 Coal: Powder River Basin, 8,800 Btu, 0.8 S02-R, W: US$11.95 Cobalt: US$23.95/lb. Copper: US$4.12/lb. Copper: CME Group Futures April 2021: US$4.14/lb.; May 2021: US$4.13/lb Iridium: NY Dealer Mid-mkt US$6,000.00/tr oz. Iron Ore 62% Fe CFR China-S: US$160.20 Lead: US$0.86/lb. Phosphate Rock: US$86.00/tonne Potash: US$226.00/tonne Rhodium: Mid-mkt US$29,200.00 tr. oz. Ruthenium: Mid-mkt US$390.00/tr. oz. Silver: Handy & Harman Base: US$26.24 per oz.; Handy & Harman Fabricated: US$32.79 per oz. Tin: US$11.34/lb. Uranium: U3O8, Trade Tech spot price: US$27.40 per lb. U308 Zinc: US$1.27/lb. Prices current March 22, 2021

TSX SHORT POSITIONS

TSX VENTURE SHORT POSITIONS

Short positions outstanding as of Feb 28, 2021 (with changes from Feb 15, 2021) Largest short positions New Gold NGD 17050134 1290778 2/15/2021 Suncor Energy SU 15418169 3533424 2/15/2021 Nexgen Energy NXE 15272740 278905 2/15/2021 Kinross Gold K 14128651 1511076 2/15/2021 Equinox Gold EQX 9820669 846878 2/15/2021 Premier Gold M PG 9382338 -440971 2/15/2021 Barrick Gold ABX 9365812 -1868304 2/15/2021 Argonaut Gold AR 8873462 -659980 2/15/2021 Fortuna Silvr FVI 8687307 86100 2/15/2021 Wheaton Prec M WPM 8523355 205564 2/15/2021 First Quantum FM 8381157 1700517 2/15/2021 Ivanhoe Mines IVN 7793064 -133553 2/15/2021 Fission Uran FCU 7204397 622837 2/15/2021 Yamana Gold YRI 7023767 2642074 2/15/2021 Endeavr Silver EDR 6565241 -141576 2/15/2021 Largest increase in short position Suncor Energy SU 15418169 3533424 2/15/2021 Trevali Mining TV 6232570 2978895 2/15/2021 Yamana Gold YRI 7023767 2642074 2/15/2021 Talon Metals TLO 2613863 2461354 2/15/2021 B2Gold Corp BTO 4571276 2379104 2/15/2021 Largest decrease in short position Gold Std Vents GSV 2386220 -11524200 2/15/2021 Denison Mines DML 5833868 -3143513 2/15/2021 Nthn Dynasty NDM 6417110 -2268105 2/15/2021 NextSource Mat NEXT 1103448 -2097725 2/15/2021 Barrick Gold ABX 9365812 -1868304 2/15/2021

Short positions outstanding as of Mar 15, 2021 (with changes from Feb 28, 2021) Largest short positions Cypress Dev CYP 4052246 1724429 2/28/2021 Neo Lithium NLC 3696298 1090778 2/28/2021 Mineworx Tech MWX 3025072 2989181 2/28/2021 AbraSilver Res ABRA 2101968 1853802 2/28/2021 SearchlightRes SCLT 1906394 1679804 2/28/2021 American Lith LI 1854176 192672 2/28/2021 Global Battery GBML 1842422 1185689 2/28/2021 First Cobalt FCC 1740400 453067 2/28/2021 Adex Mining ADE 1439053 1342232 2/28/2021 Discovery Harb DHR 1351899 1334464 2/28/2021 Uragold Bay Rs HPQ 1327287 441589 2/28/2021 Gratomic GRAT 1273904 849266 2/28/2021 GT Gold GTT 1219110 1183402 2/28/2021 Dolly Vard Sil DV 1143243 -20380 2/28/2021 Alphamin Res AFM 1119890 854512 2/28/2021 Largest increase in short position Mineworx Tech MWX 3025072 2989181 2/28/2021 AbraSilver Res ABRA 2101968 1853802 2/28/2021 Cypress Dev CYP 4052246 1724429 2/28/2021 SearchlightRes SCLT 1906394 1679804 2/28/2021 Adex Mining ADE 1439053 1342232 2/28/2021 Largest decrease in short position Arcturus Vent AZN 144441 -4142610 2/28/2021 Meridian Mg MNO 186267 -3999808 2/28/2021 Anfield Energy AEC 29270 -2838686 2/28/2021 Minera Alamos MAI 136633 -2609396 2/28/2021 Red Pine Expl RPX 4200 -1924893 2/28/2021

DAILY METAL PRICES Daily Metal Prices Date Mar 19 Mar 18 Mar 17 Mar 16 BASE METALS (London Metal Exchange -- Midday official cash/3-month prices, US$ per tonne) Al Alloy 2204/2221 2204.50/2222.50 2203/2222.50 2204.50/2224.50 Aluminum 2188/2223 2192/2226.50 2202.50/2232.50 2174.50/2201 Copper 9036/9017.50 9090/9077.50 9027/9024.50 8965.50/8965.50 Lead 1917.50/1941 1896/1922 1921/1944.50 1943.50/1965.50 Nickel 16121/16171 15999/16051 15988/16047 16131/16181 Tin 27750/25350 29750/25950 28200/25820 26874/25220 Zinc 2787.50/2798 2801.50/2814.50 2807/2824.50 2802.50/2822.50 PRECIOUS METAL PRICES (London fix, LBMA silver price, US$ per troy oz.) Gold AM 1737.20 1734.10 1736.95 Gold PM 1735.20 1725.90 1729.65 Silver 26.18 26.13 25.85 Platinum 1173.00 1216.00 1194.00 Palladium 2615.00 2678.00 2488.00

1732.30 1735.00 26.08 1209.00 2496.00

Mar 15 2196.50/2209.50 2184.50/2210.50 9147.50/9123 1936/1962 16167/16231 26532/25265 2815/2833.50

1727.90 1723.65 26.10 1213.00 2390.00

Mar 19 1.2512 0.7946

Mar 18 1.2491 0.8006

Mar 17 1.2388 0.8072

Mar 16 1.2443 0.8036

Exchange rates (Quote Media, March 19, 2021) C$ to AUS C$ to EURO C$ to YEN 1.0378 0.6719 86.5400 C$ to UK Pound C$ to China Yuan C$ to India Rupee 0.5760 5.2082 57.9418 US to AUS US to EURO US to YEN 1.2928 0.8370 108.9190 US to UK Pound US to China Yuan US to India Rupee 0.7208 6.5079 72.4420

Mar 15 1.2478 0.8014

C$ to Mex Peso 16.4037 C$ to Swiss Franc 0.7421 US to Mex Peso 20.4910 US to Swiss Franc 0.9295

C$ to SA Rand 11.7489 C$ to S. Korea Won 897.8136 US to SA Rand 14.4703 US to S. Korea Won 1129.4600

CANADIAN GOLD MUTUAL FUNDS FundName Mar 19 ($) BMO Prec Mtls Fd A 24.61 BMO ZGD 71.44 BMO ZJG 68.07 CIBC Prec Metal Fd A 14.49 Dyn Prec Metls Fd A 11.87 Harvest HGGG 27.29 Horizons HEP 29.86 IG MacGbPreMetCl A 15.29 iShares XGD 18.50 Mac Prec Met Cl A 73.76 NBI PrecMetFd Invt 18.75 NPT Go&PrMinFd A 54.73 NPT SilverEquCl A 10.38 RBC GblPreMetFd A 55.92 RBC GblPreMetFd Adv 56.31 Sentry Pre Met Fd A 51.95 TD Prec Mtl Fd Inv 46.50

Mar 12 ($) 23.96 69.01 66.15 14.05 11.41 26.52 29.11 14.67 17.92 70.45 18.20 52.42 9.98 53.87 54.24 49.75 45.20

Change ($) 0.64 2.43 1.92 0.44 0.46 0.77 0.76 0.61 0.58 3.32 0.55 2.31 0.40 2.05 2.07 2.21 1.30

Change (%) 2.69 3.52 2.91 3.16 4.02 2.89 2.59 4.17 3.26 4.71 3.02 4.40 3.98 3.81 3.81 4.43 2.88

YTDChange (%) -15.09 -17.53 -18.63 -14.69 -18.50 -17.06 -15.28 -11.91 -14.55 -12.52 -16.96 -14.90 -7.67 -17.53 -17.53 -16.25 -16.61

MER (%) 2.40 0.61 0.60 2.43 2.73 0.94 0.83 2.63 0.61 2.52 2.46 3.19 2.98 2.10 2.09 2.31 2.27

TotalAssets (M$) 52.14 194.69 74.90 56.02 540.47 5.15 29.95 987.91 68.22 28.19

430.44 2.16 318.96 122.16

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. 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. Equinoxgold Corp (EQX.WT) - One warrant to purchase one common share at $3.00 per share. Eros Resources Corp. (ERC.WT) - One (1) Right exercisable for (1) Unit at $0.05 per

moliveira@ northernminer.com or 416-510-6768

Unit. Falco Resources Ltd. (FPC.WT) - One warrant to purchase one common share at $1.70 per share. Firefox Gold Corp. (FFOX.WT) - One warrant to purchase one common share at $0.60 per share. Firefox Gold Corp. (FFOX.WT) - One warrant to purchase one common share at $3.00 per share. 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 Kootenay Silver Inc. (KTN.WT) - Wt buys sh @ $0.55 to Apr 21/21 LaSalle Exploration Corp. (LSX.WT) - One warrant to purchase one common share at $0.15 per share. Lion One Metals Limited (LIO.WT) - One warrant to purchase one common share at $2.75 per share. LSC Lithium Corporation (LSC.RT) - One (1) right exercisable for One (1) Unit at $0.40 per Unit. Mako Mining Corp. (MKO.RT) - Rights exercisable for One (1) share at $0.10 per share. Mako Mining Corp. (MKO.WT.A) - One warrant to purchase one common share at $0.60 per share. Manganese X Energy Corp. (MN.WT) One warrant to purchase one common share at $0.15 per share. Maple Gold Mines Ltd. (MGM.WT) - One warrant to purchase one common share at $0.40 per share Maple Gold Mines Ltd. (MGM.WT) - One warrant to purchase one common share at $0.40 per share

Mexican Gold Corp. (MEX.WT) - One warrant to purchase one common share at $0.12 per share. Millennial Lithium Corp. (ML.WT) - One warrant to purchase one common share at $4.25 per share. Millennial Lithium Corp. (ML.WT) - One right to purchase one common share at $4.80 per share. Mineworx Technologies Ltd. (MWX.RT) One right to purchase one common share at $0.015 per share. 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. Yellowhead Mining Inc. (YMI.RT) - One (1) Right and $0.12 are required to prchase one Share

52-week

Mar 19 18854.00 995.15 1124.15 294.66 272.49

Mar 18 18836.47 980.00 1124.56 292.98 272.49

Mar 17 18983.10 997.54 1130.83 296.89 277.28

Mar 16 18874.01 977.87 1123.74 290.70 271.32

Mar 15 18954.75 996.33 1128.08 291.82 271.91

High 19037.13 1113.64 1134.04 416.84 359.81

Low 11172.73 349.54 683.81 211.50 165.43

NEW 52-WEEK HIGHS AND LOWS MARCH 15-19, 2021 164 New Highs AbraSilver Res AbraSilver Res* African Min* Alcoa* Alphamin Res Alphamin Res * Altair Res Inc* Altamira Gold Altamira Gold* Altius Mnrls Altius Mnrls * Andes Gold* Anglo American* Arbor Metals Arctic Star* Arianne Phosph* Asante Gold Asante Gold* Battle North Battle North* BCM Res Belmont Res* Benchmark Met* Black Iron Black Iron* Blue Sky Uran BrightRock* Cameco Corp Cameco Corp* Camino Min

Camino Min* CanAlaska Uran CanAlaska Uran* Casa Minerals * China Gold Int Colibri Res* CONSOL Energy* CopAur Min Corsa Coal Corsa Coal * Desert Mtn Egy Diamante Min* Diamond Fields Diamond Fields* Discovery Min* Doubleview Gld Doubleview Gld* Dynasty Gold Dynasty Gold* EastCoal Inc Eminent Gold EnCore Energy Energy Fuels Energy Fuels* Ero Copper Filo Mg Corp Filo Mg Corp * First Energy Fission Uran Fission Uran* Five Star Diam* Foran Mng

Forsys Metals Fortune Mnrls* Forum Energy Gambier Gold Gambier Gold* Gold Finder Ex Gold Finder Ex* Goliath Res Goliath Res* GPM Metals* GT Gold * Hannan Metals Impala Platnm* Intl Cons Uran Intl Cons Uran* Intrepid Pots* Juggernaut Exp* KGL Resources KGL Resources* KWG Res* Labrador IOR Labrador IOR* Laramide Res Largo Res Le Mare Gold* Libero Copper Meridian Mg * Meryllion Res* Mineral Res* Mosaic* New Found Gold New World Res*

North Peak Res* Northern Uran Nutrien Nutrien* Oakley Vent Oceanic Iron O Opawica Expl Opawica Expl* OZ Minerals* Pac Bay Mnrls* Paleo Resource* Pancontinental Panoro Mnrls* Phoenix Gold Prime Mining Prime Mining* Purepoint Uran Rainy Mtn Royl* Red Pine Expl Rockland Res Rockwell Diam* Rogue Res* Search Mnls Search Mnls* Shine Minerals* Signature Res* Silver Fields* Silver Wolf* Skyharbour Res Skyharbour Res* Slave Lake Zn Sokoman Min

Sokoman Min* Solaris Res Soldera Mining* Sparton Res Sparton Res* Standard Metal* Stelmine Can Suncor Energy Suncor Energy* Surge Battery Surge Battery* Tamerlane Vent* Telson Res * Terreno Res Themac Res Themac Res* Thesis Gold Tinka Res Tinka Res* Trifecta Gold Trifecta Gold* Turquoise HIl Turquoise HIl* TVI Pacific* UC Res* Uranium Energy* USCorp* Usha Res Vangold Res Vangold Res* Verde Potash Victory Res

Victory Res* Virginia Enrgy Virginia Enrgy* Western U&V* Westminster Rs* Yanzhou Coal*

25 New Lows Almadex Min* Avalon Works Belmont Res* Boreal Metals* Cascada Silver Kenorland Min Makara Mining* Mineworx Tech Mineworx Tech* Newmac Res* NSJ Gold Omineca Mining Panex Res* PPX Mining* Richmond Mnls* Secova Mtls* Silverton Met Snowy Owl Soldera Mining* Stevens Gold* Tamerlane Vent* Tarachi Gold VR Resources West Mining* World Copper

Re-Publishing License 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.

NORTH AMERICAN STOCK EXCHANGE INDICES

GLOBAL MINING NEWS · SINCE 1915

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

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

S T O C K TA B L E S

MINING STOCKS listed on CANADIAN and U.S. EXCHANGES TRADING: MARCH 15–19, 2021 (100s) Stock

WWW.NORTHERNMINER.COM

MARCH 29—APRIL 11, 2021 / THE NORTHERN MINER

Exc Volume

Week High

Low

Last

12-month Change

High Low

A 1844 Resources 1911 Gold* 1911 Gold 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* Academy Metals 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 AJN Resources Alamos Gold Alamos Gold* Alcoa* Aldebaran Res* Aldebaran Res Alexandra Cap* Alexco Res Alexco Res* Alianza Min Alianza Min* Alien Metals* 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 Altan Rio Min 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 Lith* American Lith American Mang* American Mang American Pac AmericanSierra* Americas Silvr* Americas Silvr Amerigo Res Amerigo Res* Amex Expl* Amex Expl Amilot Capital AMV Capital Anaconda Mng* Anaconda Mng Andes Gold* Andover Mng* Anfield Energy* Anfield Energy Angel Gold* Angel Gold Angkor Gold* Angkor Res Anglo American* Anglo American* Anglo Pac Grp AngloGold Ash* AngloGold Ash* 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 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* Arianne Phosph Arianne Phosph* Aris Gold Arizona Gold* Arizona Gold

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

170 265 216 118 286 157 718 179 291 607 170 201 912 3 9 6891 11071 1 165 205 553 1962 637 363 17 413 595 15 1455 175 8 267 3280 5585 4324 1 3 48 270 3595 13843 29972 16 35 1890 1256 6293 1074 693 355 172 132 30 2241 34304 382 116 111 273 150 1 43 3443 3018 1047 2585 135 15 8 156 2610 1549 404 153 221 92 126 717 191 1 56 748 5 19 327 2562 419 311 98403 1826 14 532 121 1153 261 1112 1137 275 3339 1917 2795 1650 1360 29 6567 2065 448 285 230 300 23 0 267 900 367 184 245 2507 605 584 37 263 2 2604 15 1 21873 688 49 141 30 269 561 1 645 13 1470 919 9076 823 726 777 2282 1 92 4 2599 1436 106 1870 210 122 235 101 147 1034 245 680 28 400 0 20 119 10 829 4293 845 680 212 187 422 1197

0.06 0.43 0.54 0.15 0.10 0.07 0.09 0.12 0.15 0.15 0.12 0.06 0.07 18.99 24.24 0.52 0.64 0.07 0.10 0.08 0.09 0.03 0.10 1.05 0.83 0.21 0.56 0.13 0.14 0.13 0.13 0.02 0.85 61.61 76.50 0.00 0.24 0.31 0.35 10.38 8.32 33.45 0.44 0.53 0.80 3.32 2.66 0.13 0.10 0.02 0.27 0.21 0.25 6.18 0.75 0.93 0.18 0.22 1.25 1.01 0.04 0.06 0.83 0.67 0.53 0.66 0.07 0.05 0.04 0.05 0.39 0.31 0.04 0.17 0.35 0.26 13.94 17.46 0.14 0.10 0.02 0.04 1.60 1.22 5.43 0.09 0.07 0.07 0.00 0.08 0.06 0.30 0.24 0.06 0.28 0.34 0.07 0.05 2.38 2.95 1.53 1.90 0.17 0.05 2.72 3.39 1.03 0.85 2.34 2.91 0.07 0.00 0.65 0.80 0.02 0.01 0.10 0.12 0.02 0.03 0.04 0.06 42.22 21.25 2.50 22.43 23.10 0.43 0.74 0.97 0.04 0.05 0.29 24.95 0.51 0.41 0.69 0.56 0.05 0.11 0.08 2.57 49.99 0.18 0.30 0.06 0.09 0.09 0.08 0.04 0.04 0.04 0.12 0.10 0.15 0.18 0.56 0.46 0.12 0.14 0.00 0.23 0.18 0.13 1.87 2.32 0.00 0.33 0.26 2.50 0.11 0.14

0.00 0.39 0.49 0.13 0.09 0.06 0.08 0.11 0.14 0.13 0.10 0.05 0.06 0.00 22.91 0.38 0.52 0.07 0.00 0.07 0.08 0.02 0.09 0.90 0.72 0.19 0.51 0.13 0.13 0.10 0.10 0.00 0.72 58.59 73.11 0.00 0.22 0.25 0.25 9.76 7.82 29.29 0.41 0.49 0.60 3.03 2.44 0.11 0.08 0.01 0.25 0.20 0.24 5.75 0.60 0.74 0.00 0.20 1.15 0.92 0.04 0.06 0.71 0.57 0.47 0.59 0.07 0.05 0.04 0.00 0.30 0.24 0.03 0.17 0.29 0.24 12.18 15.25 0.13 0.10 0.01 0.03 1.40 0.00 5.10 0.08 0.06 0.07 0.00 0.00 0.05 0.29 0.23 0.02 0.25 0.31 0.06 0.04 2.05 2.56 1.21 1.52 0.15 0.00 2.46 3.07 0.93 0.75 2.17 2.72 0.06 0.00 0.61 0.76 0.01 0.00 0.08 0.10 0.02 0.03 0.04 0.05 39.28 19.43 2.45 0.00 21.66 0.40 0.00 0.76 0.03 0.05 0.18 0.00 0.44 0.00 0.60 0.49 0.04 0.09 0.07 2.51 44.74 0.18 0.25 0.06 0.08 0.08 0.06 0.04 0.02 0.03 0.11 0.09 0.12 0.15 0.53 0.42 0.10 0.13 0.00 0.22 0.16 0.00 1.68 2.11 0.00 0.28 0.23 2.30 0.10 0.13

0.06 unch 0.42 + 0.52 + 0.15 unch 0.09 0.07 + 0.09 + 0.11 0.15 + 0.14 + 0.11 + 0.06 + 0.07 unch 18.63 + 23.30 + 0.46 + 0.57 + 0.07 0.09 + 0.07 0.09 + 0.03 unch 0.09 1.03 + 0.83 + 0.20 0.52 0.13 unch 0.13 unch 0.11 + 0.13 + 0.02 + 0.79 60.64 + 75.81 + 0.00 unch 0.24 + 0.25 0.25 10.35 + 8.26 + 31.14 0.41 + 0.50 0.63 3.32 + 2.66 + 0.11 unch 0.08 + 0.02 0.26 0.21 + 0.25 + 5.85 unch 0.61 0.75 0.17 0.22 + 1.24 + 0.93 0.04 unch 0.06 unch 0.82 + 0.65 + 0.50 0.63 0.07 unch 0.05 + 0.04 + 0.05 0.35 + 0.28 + 0.04 unch 0.17 unch 0.29 + 0.25 + 12.55 15.63 0.13 0.10 unch 0.01 unch 0.04 + 1.60 + 1.21 + 5.15 0.08 unch 0.07 + 0.07 unch 0.00 0.08 + 0.06 + 0.30 + 0.24 + 0.03 0.26 + 0.33 + 0.07 + 0.05 + 2.11 2.67 1.27 1.60 0.16 unch 0.03 2.57 3.32 + 0.96 0.77 2.20 2.79 0.07 + 0.12 unch 0.63 0.80 + 0.01 + 0.00 0.09 + 0.12 + 0.02 unch 0.03 unch 0.04 + 0.06 unch 39.28 19.71 2.50 + 22.43 unch 21.96 0.42 unch 0.68 + 0.88 + 0.03 + 0.05 unch 0.23 + 24.56 + 0.48 0.38 0.65 + 0.52 + 0.05 + 0.09 0.07 2.57 + 46.54 0.18 + 0.30 0.06 0.08 0.08 + 0.07 + 0.04 unch 0.02 0.04 + 0.11 0.09 0.12 + 0.16 unch 0.55 0.44 + 0.10 + 0.13 + 0.17 unch 0.22 unch 0.16 0.13 1.82 + 2.29 + 0.00 unch 0.31 + 0.25 + 2.30 0.10 + 0.13 unch

0.00 0.08 0.05 0.02 1.22 0.17 0.02 0.98 0.27 0.00 0.25 0.10 0.01 0.23 0.08 0.01 0.08 0.01 0.01 0.10 0.02 0.00 0.21 0.04 0.01 0.29 0.06 0.01 0.24 0.04 0.01 0.18 0.03 0.00 0.12 0.03 0.00 0.16 0.05 0.21 20.82 7.68 0.30 26.75 11.10 0.08 0.52 0.03 0.11 0.64 0.05 0.00 0.10 0.06 0.01 0.17 0.06 0.00 0.12 0.02 0.01 0.16 0.03 0.00 0.04 0.01 0.02 0.17 0.05 0.10 1.60 0.52 0.09 1.18 0.36 0.02 0.40 0.16 0.05 1.20 0.44 0.00 0.37 0.11 0.00 0.38 0.10 0.00 0.28 0.07 0.03 0.18 0.06 0.00 0.02 0.00 0.04 1.37 0.06 1.53 89.23 33.37 2.09 117.35 48.32 0.00 0.13 0.00 0.00 0.53 0.16 0.06 0.67 0.12 0.10 0.55 0.15 0.33 15.52 6.25 0.22 11.58 4.33 0.37 33.45 5.16 0.01 0.56 0.17 0.01 0.74 0.16 0.17 1.45 0.06 0.26 4.65 1.53 0.18 3.50 1.04 0.00 0.25 0.03 0.00 0.19 0.03 0.00 0.04 0.00 0.01 0.71 0.09 0.01 0.56 0.05 0.02 0.63 0.13 0.00 6.68 2.63 0.11 1.24 0.21 0.15 1.60 0.31 0.01 0.29 0.05 0.01 0.36 0.12 0.08 1.30 0.28 0.02 1.04 0.24 0.00 0.19 0.01 0.00 0.12 0.03 0.10 1.45 0.27 0.08 1.13 0.23 0.01 0.53 0.09 0.01 0.66 0.12 0.00 0.14 0.03 0.00 0.11 0.02 0.00 0.04 0.00 0.01 0.05 0.01 0.05 0.39 0.04 0.04 0.31 0.02 0.00 0.05 0.01 0.00 0.22 0.03 0.01 0.45 0.02 0.02 0.32 0.06 0.87 13.94 4.33 1.10 17.46 6.29 0.01 0.24 0.09 0.00 0.15 0.04 0.00 0.50 0.00 0.02 0.04 0.01 0.23 1.66 0.34 0.05 21.22 0.35 0.19 5.97 3.09 0.00 0.10 0.02 0.00 0.08 0.01 0.00 0.08 0.03 0.00 0.05 0.00 0.02 0.10 0.03 0.01 0.07 0.02 0.01 0.42 0.11 0.01 0.31 0.08 0.00 0.08 0.00 0.00 0.38 0.02 0.01 0.50 0.04 0.01 0.10 0.03 0.01 0.08 0.01 0.21 3.32 0.10 0.23 4.21 0.14 0.13 2.25 0.07 0.14 2.86 0.10 0.00 0.62 0.06 0.01 0.06 0.01 0.04 3.90 1.29 0.07 5.12 1.85 0.05 1.15 0.12 0.04 0.91 0.08 0.08 3.26 0.64 0.06 4.19 0.90 0.01 0.08 0.02 0.00 0.26 0.07 0.00 0.74 0.08 0.01 0.93 0.10 0.00 0.02 0.00 0.01 0.07 0.00 0.01 0.12 0.03 0.02 0.16 0.04 0.00 0.05 0.00 0.00 0.07 0.01 0.00 0.08 0.02 0.00 0.10 0.01 0.87 42.22 12.56 1.60 21.41 5.91 0.09 2.88 1.75 0.00 38.94 15.79 0.60 38.50 13.70 0.00 0.53 0.35 0.07 1.16 0.43 0.08 1.51 0.39 0.00 0.07 0.01 0.00 0.09 0.02 0.02 0.49 0.02 0.50 26.45 7.30 0.01 1.68 0.05 0.01 0.91 0.33 0.03 0.84 0.11 0.03 0.65 0.08 0.00 0.14 0.00 0.01 0.22 0.09 0.01 0.15 0.06 0.05 2.57 0.20 3.20 58.88 21.80 0.00 0.26 0.13 0.06 0.40 0.10 0.01 0.11 0.06 0.01 0.12 0.02 0.01 0.09 0.02 0.01 0.08 0.02 0.00 0.29 0.01 0.01 0.38 0.00 0.01 0.04 0.01 0.01 0.21 0.04 0.01 0.15 0.03 0.00 0.21 0.01 0.00 0.27 0.02 0.01 0.65 0.08 0.01 0.55 0.05 0.00 0.21 0.02 0.01 0.26 0.04 0.00 0.27 0.11 0.00 0.35 0.14 0.02 0.35 0.04 0.00 0.24 0.06 0.12 2.63 0.63 0.17 3.42 0.88 0.00 0.00 0.00 0.04 0.34 0.13 0.04 0.26 0.10 0.06 3.29 1.30 0.00 0.15 0.06 0.00 0.18 0.10

(100s) Stock

Exc Volume

Week Low

1.67 1.90 + 1.35 1.52 + 0.16 0.16 0.19 0.20 unch 0.63 0.64 4.07 4.18 5.08 5.23 + 0.10 0.14 + 0.11 0.21 + 0.13 0.14 0.16 0.17 1.03 1.06 0.83 0.85 0.03 0.04 + 0.00 0.19 + 0.03 0.03 unch 0.04 0.04 + 0.05 0.05 + 0.18 0.20 + 0.14 0.15 + 0.02 0.03 + 5.50 5.50 + 0.21 0.24 + 0.27 0.29 + 0.00 0.10 + 0.46 0.46 0.58 0.58 0.00 0.00 0.03 0.04 + 0.00 0.25 + 0.18 0.18 2.62 2.75 unch 2.10 2.18 + 12.60 14.80 + 10.10 11.96 + 2.40 2.44 3.00 3.01 0.69 0.82 + 0.55 0.64 + 0.20 0.23 + 0.18 0.18 unch 0.04 0.05 unch 0.03 0.04 0.83 0.85 0.65 0.66 0.07 0.09 + 0.12 0.14 0.40 0.56 + 0.01 0.22 0.02 0.02 + 0.09 0.09 unch 0.13 0.20 + 0.16 0.19 0.24 0.26 + 0.19 0.21 + 0.41 0.44 + 0.33 0.36 + 0.16 0.17 unch 0.21 0.23 + 0.03 0.05 + 0.13 0.15 + 0.18 0.18 unch 1.25 1.34 + 1.57 1.68 + 0.06 0.06 0.00 0.08 unch 0.07 0.07 0.05 0.05 0.04 0.04 unch 4.15 4.40 + 0.07 0.08 + 0.10 0.10 + 0.26 0.28 + 0.21 0.22 + 0.94 1.02 + 0.75 0.79 + 0.08 0.09 + 0.10 0.11 unch 0.28 0.30 0.22 0.25 + 0.00 0.00 0.12 0.13 + 0.09 0.11 -

Arizona Metals Arizona Metals* Arizona Silver* Arizona Silver Armor Min Artemis Gold* Artemis Gold Asante Gold* Asante Gold 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* Atlantic Indus 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 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 Avarone Metals* 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 O V V O V O C O T T O V V O O V V O O T O V O O V O V V O C O T O O V V O V O V O V O V C O O O V O V V O C O O T O O V X T O V V V O O O V T O V O O V V O O V O

1018 310 229 308 18 93 232 108 455 33 669 504 333 279 14 351 860 1217 729 875 10223 24 66 425 92 242 446 120 115 16 28 114 79 321 11 93 295 3102 2600 572 42 1497 889 185 178 9 291 36 273 1173 20 386 679 772 501 575 168 2506 2302 356 94 228 8076 970 29 127 772 257 100 143 283 287 4127 2676 362 55 1069 5481 276 208 854 257 419

1.94 1.55 0.17 0.21 0.69 4.45 5.50 0.14 0.21 0.16 0.23 1.12 0.90 0.06 0.24 0.03 0.05 0.06 0.20 0.16 0.04 5.98 0.24 0.30 0.12 0.51 0.63 0.01 0.04 0.25 0.19 2.75 2.22 15.00 12.00 2.95 3.70 0.82 0.65 0.24 0.18 0.05 0.04 0.94 0.76 0.09 0.14 0.66 0.44 0.02 0.09 0.20 0.20 0.28 0.23 0.47 0.40 0.18 0.30 0.05 0.15 0.19 1.40 1.72 0.06 0.08 0.08 0.05 0.04 4.74 0.08 0.10 0.29 0.24 1.04 0.83 0.10 0.13 0.31 0.25 0.00 0.13 0.11

B2Gold Corp B2Gold Corp* Balto Res Bam Bam Res Bam Bam Res* Bannerman Res* Banyan Gold Banyan Gold* 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 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 Benton Res Benton Res* Benz Mining Benz Mining* Bessor Min Bird River Res Bitterroot Res* Bitterroot Res Black Dragon* Black Hills* Black Iron Black Iron* Black Mammoth* Black Mammoth Black Mountain Black Mountain* Black Tusk Res Black Tusk Res* Blackrock Silv Blackrock Silv* Blind Creek BLOX Inc* Blue Lagoon Blue Lagoon* Blue Moon Zinc* Blue Moon Zinc Blue River Res Blue River Res* Blue Sky Uran* Blue Sky Uran Blue Star Gold* Blue Star Gold Blue Thunder BlueBird Batt BlueBird Batt* Bluestone Res Bluestone Res* BMEX Gold BMEX Gold* Bold Ventures* Bold Ventures Bolt Metals* Bolt Metals Bonanza Gold*

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

20378 39102 70 5054 2728 6107 1577 214 99 137 113 5 35515 85904 37 37 2280 382 331 1177 31 102 54 8 4562 41864 951 1287 209 410 871 8 95 106 315 375 63 286 2 1096 1955 52 10 366 3945 175 258 437 13 207 289 226 281 17 2609 2062 74 1 17 18 10 1313 570 1355 1018 161 20781 331 426 219 306 1123 114 2685 2297 19 260 1047 971 167 604 193 1382 693 135 97 21 101 15815

6.04 4.87 0.32 0.36 0.30 0.13 0.19 0.16 0.49 0.60 0.33 0.28 26.50 21.34 0.48 0.59 0.16 0.13 0.54 0.67 0.14 0.12 0.18 0.52 2.11 2.63 0.17 0.21 0.15 1.90 2.35 0.22 0.18 0.24 0.33 0.25 0.19 0.08 0.06 0.88 0.72 0.39 0.32 1.23 1.53 0.19 0.15 0.81 0.65 0.07 0.20 0.15 0.19 0.03 67.08 0.49 0.39 0.13 0.13 0.59 0.42 0.07 0.05 0.88 0.72 0.14 0.02 0.58 0.47 0.06 0.07 0.02 0.02 0.23 0.29 0.06 0.09 0.08 0.29 0.23 1.77 1.42 0.29 0.22 0.05 0.08 0.37 0.45 0.01

Last

12-month

High

Change

Stock

0.23 0.16 0.00 0.00 0.05 0.07 0.04 0.08 0.10 0.03 0.06 0.04 0.03 0.01 0.02 0.00 0.01 0.01 0.02 0.01 0.01 0.09 0.04 0.02 0.01 0.02 0.01 0.00 0.01 0.02 0.00 0.00 0.08 2.29 1.86 0.10 0.15 0.06 0.04 0.02 0.00 0.00 0.00 0.05 0.06 0.02 0.01 0.02 0.02 0.00 0.00 0.04 0.01 0.02 0.02 0.01 0.01 0.00 0.03 0.02 0.00 0.00 0.01 0.02 0.00 0.00 0.01 0.01 0.00 0.30 0.01 0.01 0.02 0.02 0.08 0.04 0.00 0.00 0.02 0.00 0.00 0.01 0.00

2.05 1.65 0.33 0.41 0.97 5.63 7.64 0.14 0.20 0.21 0.26 1.63 1.28 0.10 0.64 0.05 0.09 0.13 0.40 0.30 0.05 6.40 0.27 0.34 0.23 0.55 0.69 0.08 0.04 0.65 0.40 3.60 2.79 18.30 18.11 4.31 5.75 1.25 0.99 0.26 0.19 0.14 0.10 1.68 1.28 0.10 0.14 0.96 1.01 0.04 0.13 0.69 0.38 0.56 0.39 0.69 0.63 0.29 0.36 0.05 0.35 0.48 2.82 3.60 0.16 0.20 0.22 0.34 0.20 5.90 0.10 0.20 0.32 0.25 3.27 2.35 0.14 0.18 0.70 0.53 0.00 0.27 0.20

0.23 0.46 0.08 0.12 0.35 0.65 0.95 0.02 0.02 0.06 0.08 0.45 0.33 0.01 0.17 0.02 0.03 0.04 0.13 0.08 0.00 1.79 0.06 0.08 0.02 0.11 0.16 0.00 0.01 0.23 0.00 0.48 0.36 3.47 2.53 1.03 1.51 0.18 0.12 0.02 0.01 0.02 0.03 0.42 0.29 0.02 0.01 0.08 0.00 0.00 0.04 0.05 0.08 0.06 0.13 0.02 0.00 0.02 0.03 0.02 0.13 0.05 0.28 0.40 0.06 0.04 0.04 0.05 0.04 0.65 0.04 0.06 0.07 0.05 0.78 0.60 0.01 0.02 0.04 0.03 0.00 0.08 0.05

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 Buccaneer Gold Buenaventura* Buffalo Coal * Buffalo Coal Bullion Gold Bullion Gold* Bunker Hill Bushveld Min* BWR Explor

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

0.21 0.17 0.05 0.08 0.07 0.02 0.00 0.01 0.04 0.05 0.03 0.05 0.81 0.64 0.02 0.00 0.00 0.00 0.06 0.09 0.01 0.01 0.00 0.00 0.63 0.80 0.01 0.01 0.03 0.04 0.01 0.00 0.00 0.01 0.04 0.03 0.03 0.01 0.00 0.03 0.01 0.02 0.01 0.15 0.19 0.01 0.00 0.02 0.02 0.02 0.00 0.02 0.02 0.00 1.29 0.02 0.01 0.03 0.03 0.06 0.00 0.00 0.00 0.08 0.07 0.01 0.00 0.01 0.02 0.01 0.01 0.00 0.00 0.03 0.03 0.00 0.01 0.01 0.03 0.01 0.08 0.04 0.01 0.01 0.00 0.01 0.00 0.02 0.00

9.99 7.55 0.44 0.71 1.12 0.14 0.39 0.90 0.55 0.70 0.40 0.28 41.09 31.22 0.58 0.75 0.24 0.21 1.15 1.19 0.16 0.13 0.26 0.90 2.11 2.63 0.19 0.24 0.15 3.04 4.17 0.60 0.25 0.34 0.44 0.45 0.32 0.11 0.06 1.44 1.10 0.57 0.42 1.23 1.64 0.30 0.22 1.40 1.10 0.10 0.26 0.19 0.25 0.10 70.80 0.49 0.39 0.19 0.26 0.75 0.42 0.10 0.08 1.61 1.22 0.27 0.05 1.45 1.15 0.07 0.08 0.03 0.02 0.23 0.29 0.12 0.16 0.15 0.40 0.26 2.43 1.84 1.05 0.65 0.11 0.16 0.53 0.70 0.04

3.49 2.42 0.03 0.08 0.06 0.01 0.04 0.03 0.14 0.21 0.03 0.08 20.25 14.00 0.13 0.19 0.02 0.02 0.23 0.15 0.05 0.03 0.03 0.51 0.37 0.54 0.03 0.05 0.02 0.65 0.94 0.10 0.06 0.08 0.08 0.04 0.02 0.02 0.06 0.36 0.23 0.12 0.09 0.14 0.20 0.06 0.03 0.07 0.05 0.03 0.04 0.02 0.03 0.00 48.07 0.05 0.03 0.02 0.04 0.35 0.42 0.04 0.03 0.08 0.06 0.02 0.00 0.43 0.27 0.01 0.01 0.01 0.00 0.04 0.06 0.04 0.04 0.06 0.11 0.16 1.05 0.77 0.08 0.16 0.03 0.03 0.06 0.09 0.00

C2C Gold* C3 Metals* C3 Metals Cabral Gold* Cabral Gold Cache Explor Cache Explor* Cadence Min* Cadillac Vent* Cadillac Vent Caledonia Mng* Calibre Mng Calibre Mng* California Gld California Gld* Callinex Mines* Callinex Mines Cameco Corp* Cameco Corp Cameo Cobalt* 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* 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 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 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 Chilean Metals* Chilean Metals China Gold Int Clarity Gold Clarity Gold* Class 1 Nickel Clean Air Met Clean Comm* Cleghorn Mnls Cleveland-Clif* Cliffmont Res Clifton Mng* Clydesdale Res CMC Metals* CMC Metals CNRP Mng Cobalt Block* Cobalt Block Coeur Mng* Colibri Res* Colibri Res Colombia Crest*

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

B 5.58 5.86 + 4.47 4.68 + 0.22 0.28 0.24 0.26 0.19 0.21 0.10 0.12 + 0.17 0.18 unch 0.13 0.14 0.44 0.44 0.55 0.55 0.25 0.33 + 0.23 0.23 25.39 26.17 + 20.32 20.96 + 0.47 0.47 + 0.00 0.59 unch 0.14 0.15 unch 0.11 0.12 + 0.48 0.53 + 0.59 0.67 + 0.13 0.13 0.10 0.10 0.15 0.18 unch 0.51 0.51 unch 1.99 2.09 + 2.57 2.62 + 0.14 0.16 0.18 0.19 0.08 0.11 + 1.72 1.79 2.14 2.29 0.22 0.22 unch 0.15 0.17 + 0.00 0.21 0.27 0.28 0.21 0.24 + 0.00 0.19 + 0.07 0.08 + 0.06 0.06 + 0.80 0.87 + 0.63 0.69 + 0.00 0.36 0.28 0.30 1.00 1.13 + 1.24 1.42 + 0.17 0.17 0.13 0.13 0.75 0.77 0.62 0.62 + 0.06 0.07 0.17 0.19 unch 0.12 0.13 0.15 0.16 0.03 0.03 unch 64.66 67.08 + 0.44 0.44 0.35 0.36 0.10 0.10 0.00 0.13 0.00 0.56 + 0.42 0.42 unch 0.06 0.06 unch 0.04 0.05 + 0.73 0.80 + 0.58 0.64 + 0.00 0.14 + 0.01 0.01 + 0.51 0.55 0.41 0.44 0.04 0.05 0.06 0.06 0.01 0.02 unch 0.01 0.02 0.17 0.17 0.21 0.22 0.00 0.06 0.08 0.09 + 0.07 0.08 + 0.25 0.29 + 0.20 0.23 + 1.64 1.68 1.32 1.36 0.24 0.25 0.19 0.19 0.05 0.05 unch + 0.07 0.08 0.30 0.31 + 0.00 0.38 0.01 0.01 -

(100s)

High Low

Exc Volume

Week Last

12-month

High

Low

Change

75 153 628 1059 7815 223 240 775 627 309 1504 58 98748 249 1268 3162 216 2238 2505 132 419 134 1724 181 5474 2 816 355 4 522 105 353

0.13 1.21 0.08 0.10 0.00 0.06 0.08 0.10 0.09 0.09 0.11 0.30 0.03 0.19 0.23 0.05 0.01 0.21 0.26 0.22 0.03 0.12 0.15 0.07 11.53 0.02 0.03 0.13 0.10 0.36 0.31 0.05

0.11 0.13 + 1.12 1.16 + 0.06 0.06 0.00 0.08 0.00 0.00 0.00 0.06 + 0.06 0.08 + 0.09 0.10 + 0.07 0.08 0.07 0.08 + 0.09 0.10 0.23 0.26 0.02 0.02 0.15 0.15 0.19 0.19 0.02 0.05 + 0.01 0.01 + 0.18 0.21 + 0.22 0.26 + 0.20 0.21 0.01 0.02 0.09 0.10 + 0.11 0.14 + 0.07 0.07 unch 10.66 11.00 0.00 0.02 unch 0.00 0.02 unch 0.11 0.12 + 0.10 0.10 unch 0.33 0.35 0.23 0.26 0.00 0.04 unch

228 50 2023 189 586 7470 1968 0 9 48 1328 3100 381 274 3 40 35 48779 11675 44 2961 72 28 303 69 510 1215 5 201 674 2332 1496 910 59 97 135 851 591 1903 1415 8 577 50 106 429 147 283 111 207 99 1 14 1 144 483 4 194 16 66 158 383 78 2558 265 27 5650 147 37 50 133 67 2972 493 399 837 120 3 1705 550 247 497 1346 57 0 11 22 25 1722 908 1361 179 159 7060 271 2 306 317 362 592 960 71 694 185 167 1207 337 253 45 384 90 96 3134 45 1 156 70 62637 232 373 12975 1656 304 109 35 2428 33 103 72546 2 50 3 407 1012 1375 596 507 22444 242 2072 6

0.15 0.13 0.17 0.50 0.62 0.21 0.17 0.00 0.03 0.04 16.95 1.70 1.38 0.13 0.11 3.03 3.75 19.71 24.57 0.33 0.23 0.16 0.10 0.21 0.16 2.99 3.73 0.07 0.10 0.11 0.13 0.46 0.37 0.25 0.33 0.10 0.58 0.47 0.64 0.50 0.03 0.13 0.43 0.54 0.20 0.06 0.07 0.10 0.13 0.26 0.19 0.15 0.12 0.21 0.27 0.30 0.40 0.78 0.95 0.31 0.38 0.07 0.10 0.28 0.20 3.93 0.07 0.06 0.08 0.07 0.08 0.03 0.18 0.26 0.32 0.19 0.15 0.15 0.04 0.45 0.03 0.08 0.07 0.00 0.10 0.13 0.29 0.15 0.12 0.06 1.85 0.05 13.64 0.21 0.17 0.08 0.07 0.16 0.25 1.12 0.27 0.35 0.03 0.04 0.30 0.55 0.44 3.70 0.10 0.12 4.90 5.90 0.15 0.10 4.48 3.63 111.91 0.16 0.34 0.43 4.08 1.52 1.22 0.79 0.38 0.22 0.12 17.78 0.00 0.28 0.05 0.16 0.20 0.59 0.12 0.14 10.49 0.10 0.12 0.23

0.12 0.11 0.13 0.45 0.59 0.18 + 0.14 + 0.11 unch 0.03 0.03 unch 14.61 1.64 + 1.30 + 0.13 + 0.08 2.92 + 3.60 + 17.77 + 22.23 + 0.30 0.18 + 0.15 + 0.10 + 0.19 0.15 2.70 3.42 0.07 unch 0.10 + 0.09 + 0.11 unch 0.45 + 0.35 + 0.20 0.31 + 0.10 + 0.52 + 0.42 + 0.59 + 0.47 + 0.01 0.13 + 0.43 + 0.53 + 0.19 unch 0.04 0.06 0.08 0.12 0.22 0.19 unch 0.15 unch 0.00 0.21 + 0.25 + 0.28 0.34 0.73 0.92 0.28 0.34 0.06 0.10 + 0.25 + 0.17 3.62 0.07 0.05 0.08 + 0.07 + 0.08 + 0.03 unch 0.16 unch 0.26 + 0.31 + 0.17 unch 0.07 0.10 0.03 0.43 + 0.02 unch 0.07 0.06 0.60 unch 0.10 unch 0.13 0.29 unch 0.14 unch 0.12 + 0.05 1.85 unch 0.04 + 11.77 0.21 + 0.16 + 0.06 0.04 0.16 0.19 1.10 + 0.26 0.35 + 0.03 + 0.04 + 0.26 0.53 0.43 + 3.65 + 0.10 + 0.12 + 4.24 5.27 0.15 0.10 unch 4.00 3.26 103.38 0.16 + 0.25 0.32 3.90 + 1.51 1.20 0.70 0.35 + 0.19 + 0.12 unch 16.63 0.16 unch 0.26 0.05 unch 0.14 0.19 0.54 0.10 + 0.12 unch 9.96 + 0.09 0.12 + 0.23 +

Exc Volume

Week

Stock

0.01 0.07 0.01 0.01 0.00 0.02 0.01 0.01 0.00 0.00 0.01 0.01 0.00 0.01 0.02 0.02 0.00 0.03 0.03 0.01 0.02 0.02 0.03 0.00 0.45 0.00 0.00 0.01 0.00 0.01 0.06 0.00

0.43 1.62 0.10 0.14 0.01 0.08 0.08 0.25 0.19 0.13 0.17 0.55 0.10 0.45 0.62 0.05 0.03 0.42 0.57 0.28 0.06 1.00 0.43 0.14 14.32 0.03 0.04 0.28 0.19 1.01 0.60 0.06

0.11 0.63 0.07 0.04 0.00 0.00 0.01 0.06 0.03 0.03 0.05 0.05 0.00 0.07 0.05 0.01 0.00 0.06 0.09 0.05 0.01 0.00 0.10 0.06 5.76 0.00 0.01 0.01 0.01 0.10 0.00 0.02

0.01 0.01 0.02 0.03 0.02 0.03 0.02 0.00 0.00 0.00 1.52 0.15 0.11 0.01 0.02 0.11 0.05 0.53 0.72 0.02 0.01 0.01 0.09 0.01 0.01 0.20 0.20 0.00 0.02 0.01 0.00 0.02 0.01 0.04 0.07 0.01 0.08 0.06 0.13 0.10 0.01 0.01 0.02 0.01 0.00 0.02 0.02 0.02 0.01 0.04 0.00 0.00 0.11 0.05 0.05 0.01 0.04 0.02 0.04 0.03 0.04 0.01 0.01 0.02 0.01 0.26 0.01 0.00 0.01 0.01 0.00 0.00 0.00 0.02 0.02 0.00 0.08 0.05 0.01 0.02 0.00 0.01 0.01 0.00 0.00 0.01 0.00 0.00 0.01 0.00 0.00 0.01 0.72 0.03 0.03 0.01 0.00 0.05 0.05 0.10 0.03 0.01 0.00 0.01 0.03 0.01 0.01 0.30 0.00 0.02 0.62 0.74 0.01 0.00 0.24 0.05 8.18 0.01 0.06 0.07 0.44 0.01 0.01 0.02 0.02 0.01 0.00 0.91 0.00 0.00 0.00 0.01 0.01 0.04 0.01 0.00 0.45 0.00 0.01 0.01

0.17 0.15 0.19 0.70 0.88 0.33 2.08 0.11 0.04 0.06 29.39 2.80 2.40 0.30 0.23 5.26 6.50 19.71 24.57 0.45 0.23 0.16 0.10 0.37 0.26 3.68 4.54 0.08 0.10 0.18 0.22 0.77 0.60 0.45 0.48 0.16 0.95 0.78 0.63 0.50 0.07 0.26 0.52 0.68 0.27 0.08 0.11 0.25 0.33 0.27 0.22 0.30 0.14 0.29 0.40 0.37 0.48 1.29 1.76 0.32 0.40 0.09 0.12 0.50 2.00 4.18 0.10 0.08 0.10 0.07 0.33 0.10 0.19 0.30 0.35 0.19 0.15 0.20 0.06 1.20 0.03 0.10 0.08 0.64 0.35 0.55 1.00 0.18 0.16 0.15 4.04 0.10 19.59 0.43 0.34 0.25 0.15 0.25 0.33 1.25 0.35 0.49 0.05 0.06 0.62 0.80 0.61 3.75 0.16 0.27 4.90 6.20 0.32 0.18 7.61 5.75 112.70 0.19 0.40 0.55 4.08 1.70 1.48 1.11 0.49 0.31 0.15 18.77 0.20 0.35 0.07 0.21 0.27 0.82 0.14 0.17 12.60 0.10 0.12 0.35

0.01 0.03 0.03 0.05 0.07 0.04 0.00 0.04 0.01 0.01 6.51 0.48 0.32 0.11 0.08 0.22 0.32 5.30 7.69 0.00 0.08 0.05 0.00 0.12 0.11 0.67 0.38 0.01 0.02 0.02 0.03 0.25 0.18 0.06 0.10 0.05 0.03 0.31 0.09 0.06 0.01 0.05 0.03 0.07 0.02 0.01 0.01 0.07 0.10 0.04 0.04 0.13 0.11 0.00 0.02 0.12 0.10 0.33 0.46 0.04 0.04 0.02 0.02 0.21 0.11 0.33 0.02 0.01 0.04 0.01 0.00 0.01 0.03 0.05 0.07 0.03 0.03 0.10 0.01 0.25 0.01 0.01 0.05 0.20 0.07 0.09 0.07 0.06 0.05 0.01 1.52 0.01 6.90 0.05 0.02 0.01 0.00 0.05 0.06 0.93 0.20 0.24 0.00 0.01 0.06 0.09 0.06 0.21 0.07 0.08 0.77 1.10 0.06 0.04 1.85 1.16 51.60 0.07 0.01 0.03 0.45 0.22 0.68 0.50 0.27 0.05 0.04 2.63 0.05 0.07 0.01 0.02 0.03 0.06 0.02 0.03 2.50 0.03 0.04 0.05

Colombia Crest Colonial Coal Commander Res Commander Res* Commerce Res Commerce Res* Compass Gold* Compass Gold Comstock Mng* Comstock Mtls Comstock Mtls * Condor Gold* Condor Gold Condor Res Condor Res* Confedertn Ml* Confedertn Mls Conquest Res Conquest Res * Cons Woodjam CONSOL Energy* CONSOL Energy* Constantine Mt* Constantine Mt Contact Gold* Contact Gold 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 CWN M’g Acq Cyon Explor* Cyon Explor Cypress Dev* Cypress Dev

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

78 723 355 239 296 80 57 198 16310 57 82 239 393 417 112 150 395 1526 49 639 2195 25075 14 23 122 127 168 1020 531 3004 6415 506 2586 719 1356 38 32 270 64 15 1593 237 130 671 763 696 197 294 88 134 898 13 649 1064 333 584 807 0 40 230 125 246 615 1350

0.32 0.69 0.22 0.17 0.47 0.38 0.17 0.22 5.52 0.11 0.09 0.73 1.05 0.25 0.20 1.12 1.44 0.21 0.17 0.16 11.02 15.46 0.22 0.25 0.09 0.11 0.59 0.43 0.37 0.06 3.30 2.78 0.29 0.67 0.54 1.49 1.12 0.13 3.90 3.15 0.51 0.40 0.20 2.19 2.73 0.12 0.10 1.03 0.05 1.19 1.49 0.16 0.24 0.30 0.24 0.09 0.11 0.00 0.05 0.07 0.16 0.20 1.11 1.38

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 Met* Discovery Met Discovery Min* 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* DV Resources Dynacor Gld Mn Dynacor Gld Mn* Dynamic Gold* DynaResource* Dynasty Gold Dynasty Gold* E2Gold Inc E3 Metals E3 Metals* E79 Res Eagle Graphite Eagle Graphite* Eagle Plains Earl Res East Africa East Africa * EastCoal Inc Eastern Platin* Eastern Platin Eastfield Res Eastfield Res* Eco Oro Mnls Eco Oro Mnls* Edgemont Gold Edgewater Expl* Edgewater Expl Edison Cobalt* Edison Cobalt El Capitan Prc* El Nino Vent El Nino Vent* Elcora Adv Mat Elcora Res* Eldorado Gold* Eldorado Gold Eloro Res Eloro Res* Ely Gold Royal Ely Gold Royal* Elysee Dev Elysee Dev * Emerita Res Emerita Res* Emgold Mining Emgold Mining* Eminent Gold Eminent Gold* EMX Royalty* EMX Royalty Encanto Potash* Encanto Potash

545 O 389 V 611 O 1701 V 34 O 139 O 3996 V 266 O 1979 V 64 O 112 C 1987 O 1707 V 1879 V 1400 O 543 V 793 V T 44817 X 186053 114 O 623 V 1209 V 321 O 190 V 55 O 2579 O 2288 O 1380 V 555 V 157 O 3521 V 1426 O 8176 V O 976699 7 V 1035 V 127 O 342 O 507 V 48 V 123 O 315 O 155 V 350 O 54 O 760 O 966 V 500 V 2696 V 935 O 1810 N 4421 T 81 O 520 V 18 V 14 O 79 V 108 T 28 O 1 O 1 O 182 V 266 O 159 V 807 V 529 O 68 C 462 V 84 O 159 V 8 V 183 V 3 O 4 V 30 O 219 T 103 V 16 O 237 C 30 O 24 C 1 O 13 V 9 O 1452 V 1980 O 129 V 50 O 302 V 159 O N 12531 4093 T 875 V 223 O 1042 V 989 O 122 V 17 O 540 V 21 O 3385 V 102 O 14 V 6 O 783 X 114 V 6 O 118 V

0.11 0.12 0.54 0.13 0.09 0.42 0.07 0.06 0.22 0.17 0.06 0.40 0.50 0.74 0.61 0.18 0.67 1.65 1.32 0.13 0.16 3.15 0.05 0.13 0.11 0.01 0.40 0.50 0.08 0.07 0.08 1.95 2.43 0.01 0.10 0.03 0.02 0.40 0.49 0.15 0.01 0.00 0.27 0.01 0.26 0.61 0.73 1.03 0.62 0.50 10.08 8.47 0.07 0.09 0.15 0.11 0.13 1.99 1.65 1.85 0.94 0.16 0.13 0.16 3.40 2.83 0.69 0.27 0.22 0.19 0.45 0.35 0.29 0.15 0.33 0.41 0.08 0.06 0.06 0.05 0.27 0.20 0.24 0.17 0.21 0.01 0.05 0.04 0.12 0.10 12.37 15.42 4.16 3.34 1.08 0.85 0.57 0.46 0.29 0.22 0.08 0.06 0.99 0.55 3.30 4.13 0.05 0.08

C 0.12 0.11 0.13 0.45 0.57 0.16 0.13 0.00 0.00 0.00 14.44 1.49 1.20 0.00 0.00 2.79 3.43 17.23 21.61 0.29 0.00 0.13 0.01 0.18 0.14 2.49 3.10 0.07 0.08 0.09 0.11 0.41 0.33 0.00 0.27 0.09 0.44 0.34 0.47 0.36 0.01 0.12 0.38 0.50 0.18 0.04 0.06 0.08 0.11 0.22 0.19 0.00 0.00 0.17 0.19 0.28 0.34 0.00 0.92 0.26 0.32 0.06 0.08 0.22 0.17 3.50 0.06 0.00 0.08 0.06 0.08 0.03 0.16 0.23 0.28 0.17 0.07 0.10 0.03 0.41 0.02 0.07 0.06 0.00 0.10 0.13 0.29 0.14 0.11 0.05 1.78 0.04 11.68 0.18 0.00 0.06 0.03 0.12 0.15 1.02 0.25 0.32 0.02 0.03 0.25 0.51 0.40 3.36 0.09 0.10 4.02 5.14 0.00 0.00 4.00 3.21 102.74 0.15 0.25 0.30 3.69 1.43 1.15 0.70 0.31 0.19 0.12 15.55 0.00 0.25 0.05 0.14 0.17 0.51 0.09 0.12 9.54 0.00 0.10 0.00

(100s)

High Low

High

Low

Last

12-month Change

0.24 0.28 0.65 0.65 0.19 0.20 + 0.16 0.17 0.43 0.43 0.00 0.35 0.00 0.16 0.19 0.22 + 4.30 5.52 + 0.10 0.11 + 0.00 0.09 + 0.62 0.73 + 0.94 0.96 + 0.23 0.24 0.19 0.19 + 0.00 0.99 + 1.05 1.25 0.17 0.20 unch 0.15 0.15 0.14 0.15 9.76 10.02 + 13.88 15.00 + 0.17 0.18 + 0.21 0.23 + 0.08 0.09 + 0.10 0.11 + 0.48 0.52 + 0.37 0.40 + 0.29 0.32 0.05 0.05 2.97 3.15 2.37 2.53 0.17 0.19 + 0.59 0.63 + 0.48 0.50 + 1.18 1.45 + 0.93 1.12 + 0.12 0.13 + 3.65 3.78 + 2.93 3.03 + 0.00 0.48 + 0.21 0.37 0.16 0.19 unch 1.96 2.06 2.46 2.64 + 0.10 0.12 + 0.09 0.10 0.89 0.90 0.04 0.04 + 1.00 1.15 + 1.25 1.45 0.16 0.16 0.19 0.20 0.20 0.22 0.15 0.18 0.07 0.08 + 0.09 0.11 0.00 0.03 unch 0.04 0.04 0.07 0.07 unch + 0.00 0.16 0.18 0.19 unch 0.95 1.00 1.18 1.25

High Low

0.04 0.02 0.01 0.01 0.02 0.00 0.02 0.01 1.33 0.02 0.00 0.13 0.04 0.01 0.00 0.09 0.16 0.00 0.01 0.01 1.25 0.11 0.00 0.01 0.00 0.01 0.07 0.02 0.01 0.01 0.15 0.13 0.06 0.02 0.01 0.20 0.09 0.01 0.05 0.02 0.20 0.13 0.00 0.07 0.02 0.01 0.01 0.13 0.01 0.10 0.15 0.00 0.03 0.07 0.06 0.00 0.01 0.00 0.01 0.00 0.03 0.00 0.06 0.08

0.44 0.94 0.23 0.18 0.50 0.39 0.23 0.32 9.85 0.14 0.17 2.59 1.40 0.44 0.50 2.06 2.78 0.36 0.26 0.30 12.50 15.46 0.24 0.25 1.00 0.28 0.59 0.47 0.37 0.07 3.57 3.00 0.69 0.82 0.65 2.21 1.70 0.20 6.53 5.00 0.51 0.40 0.35 3.29 4.26 0.22 0.12 2.53 0.16 1.28 1.63 1.22 0.50 0.36 0.29 0.14 0.18 0.20 0.06 0.21 0.17 0.38 2.00 2.45

0.05 0.21 0.05 0.04 0.11 0.07 0.10 0.15 0.33 0.05 0.01 0.03 0.37 0.04 0.00 0.17 0.22 0.05 0.10 0.02 3.35 4.55 0.09 0.12 0.00 0.08 0.09 0.05 0.03 0.01 0.28 0.19 0.01 0.10 0.12 0.77 0.55 0.07 1.56 1.12 0.12 0.08 0.12 0.85 1.27 0.04 0.07 0.29 0.02 0.16 0.21 0.01 0.17 0.02 0.01 0.01 0.03 0.00 0.02 0.03 0.12 0.15 0.09 0.13

0.00 0.00 0.04 0.01 0.01 0.01 0.00 0.00 0.02 0.00 0.01 0.02 0.05 0.02 0.04 0.04 0.06 0.01 0.03 0.02 0.00 0.22 0.00 0.01 0.00 0.00 0.21 0.23 0.00 0.01 0.02 0.12 0.11 0.00 0.04 0.00 0.00 0.02 0.02 0.19 0.00 0.00 0.03 0.00 0.01 0.03 0.04 0.06 0.13 0.12 0.28 0.24 0.01 0.01 0.00 0.03 0.01 0.04 0.03 0.00 0.01 0.01 0.00 0.00 0.34 0.16 0.13 0.03 0.03 0.01 0.00 0.03 0.00 0.05 0.00 0.01 0.00 0.00 0.00 0.00 0.02 0.00 0.03 0.01 0.02 0.00 0.00 0.00 0.01 0.00 0.53 0.73 0.05 0.09 0.03 0.00 0.02 0.01 0.01 0.00 0.01 0.01 0.00 0.00 0.07 0.02 0.00 0.01

0.16 0.20 0.96 0.20 0.16 0.47 0.14 0.10 0.30 0.25 0.09 0.59 0.75 1.05 0.83 0.34 0.69 2.29 1.81 0.26 0.35 3.15 0.05 0.16 0.12 0.01 0.35 0.45 0.24 0.13 0.16 2.18 2.84 0.00 0.12 0.05 0.04 0.47 0.59 0.34 0.02 0.03 0.41 0.09 0.51 0.91 1.17 1.33 0.62 0.50 18.05 10.73 0.13 0.18 0.27 0.14 0.20 2.62 1.98 3.00 1.10 0.16 0.13 0.24 5.37 4.22 0.95 0.38 0.28 0.19 0.55 0.58 0.39 0.15 0.43 0.57 0.09 0.07 0.10 0.07 0.31 0.20 0.27 0.19 0.25 0.02 0.07 0.05 0.19 0.16 14.49 18.90 5.88 4.65 2.09 1.54 0.69 0.55 0.40 0.33 0.16 0.12 0.99 0.68 3.81 4.83 0.10 0.12

0.01 0.02 0.10 0.02 0.01 0.16 0.02 0.00 0.03 0.02 0.01 0.03 0.10 0.06 0.03 0.07 0.50 0.28 0.19 0.06 0.07 0.14 0.01 0.06 0.05 0.00 0.04 0.09 0.05 0.02 0.03 0.20 0.28 0.00 0.06 0.01 0.00 0.09 0.13 0.12 0.00 0.00 0.08 0.00 0.03 0.13 0.17 0.45 0.06 0.04 4.31 3.65 0.03 0.04 0.13 0.03 0.05 0.99 0.70 1.00 0.32 0.04 0.03 0.13 0.19 0.11 0.02 0.02 0.01 0.07 0.09 0.09 0.07 0.09 0.12 0.18 0.03 0.02 0.04 0.02 0.10 0.02 0.04 0.12 0.02 0.00 0.02 0.01 0.02 0.01 4.82 6.97 0.20 0.17 0.56 0.38 0.28 0.19 0.02 0.05 0.03 0.03 0.15 0.47 1.20 1.73 0.01 0.02

D-F + 0.08 0.09 0.11 0.11 unch + 0.45 0.52 0.11 0.12 0.09 0.09 0.38 0.41 0.06 0.07 unch + 0.04 0.06 0.19 0.19 0.16 0.17 unch 0.00 0.05 0.31 0.35 0.40 0.42 0.63 0.64 0.51 0.51 + 0.10 0.13 0.57 0.61 + 1.35 1.43 1.08 1.11 0.00 0.12 0.15 0.16 unch + 2.62 2.92 0.04 0.04 0.12 0.12 + 0.00 0.10 0.00 0.00 + 0.18 0.39 + 0.23 0.47 0.08 0.08 unch + 0.05 0.06 + 0.06 0.08 + 1.61 1.82 + 2.02 2.25 + 0.00 0.01 0.09 0.09 0.03 0.03 unch 0.00 0.02 + 0.34 0.37 + 0.43 0.46 0.11 0.11 + 0.00 0.01 0.00 0.00 unch + 0.23 0.26 0.01 0.01 0.18 0.22 0.54 0.54 0.67 0.67 + 0.87 0.97 + 0.41 0.55 + 0.33 0.45 + 9.46 9.86 + 7.81 8.33 0.06 0.06 0.08 0.08 0.15 0.15 unch 0.08 0.08 + 0.10 0.13 + 1.92 1.97 + 1.53 1.53 1.50 1.50 unch 0.00 0.94 0.12 0.13 + 0.09 0.10 0.14 0.15 unch 2.88 3.00 2.30 2.40 0.55 0.55 0.22 0.23 0.19 0.19 + 0.17 0.19 0.45 0.45 unch + 0.27 0.35 + 0.24 0.24 + 0.00 0.15 0.31 0.31 + 0.38 0.40 0.00 0.08 unch 0.05 0.06 0.06 0.06 unch 0.04 0.05 + 0.25 0.26 0.20 0.20 unch + 0.22 0.24 0.13 0.15 0.17 0.18 0.01 0.01 0.05 0.05 unch 0.04 0.04 unch + 0.11 0.12 + 0.08 0.09 + 11.28 12.00 + 14.05 15.03 3.78 3.85 3.02 3.08 + 0.92 0.95 + 0.73 0.75 0.54 0.55 + 0.44 0.44 + 0.23 0.27 + 0.18 0.22 + 0.07 0.08 + 0.05 0.06 0.00 0.70 unch 0.55 0.55 unch 3.08 3.19 3.85 3.98 0.00 0.05 0.07 0.07

GLOBAL MINING NEWS

(100s) Stock

Exc Volume

EnCore Energy Endeavour Mng* Endeavour Mng Endeavr Silver* Endeavr Silver Endurance Gold* Endurance Gold Enduro Metals Enduro Metals* Energy Fuels Energy Fuels* 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* Eurotin Evergold Evergold* Everton Res* EVI Global Grp Evolving Gold Evolving Gold* Evrim Res Excellon Res* Excellon Res Excelsior Mng* Excelsior Mng ExGen Res Inc ExGen Res Inc* Explorex Res Explorex Res* Fabled Silver Fabled Silver* Fairmile Gold* Fairmont Res* Falco Res Falco Res * Falcon Gold Falcon Gold* Fancamp Expl Far Res* Far Res FenixOro Gold FenixOro Gold* Fidelity Min Fidelity Min* Filo Mg Corp * Filo Mg Corp Finlay Minrls Fiore Gold* Fiore Gold Fiore Gold* Fire River Gol* Fire River Gol FireFox Gold FireFox Gold* Firestone Vent Fireweed Zinc Fireweed Zinc* First Cobalt First Cobalt * First Energy First Energy* First Idaho 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 Flowery Gold* Focus Graphite Focus Graphite* Focus Minerals* Fokus Mining Foran Mng Forsys Metals Fort St J Nick Fortescue Met* Fortuna Silvr Fortuna Silvr* Fortune Bay Fortune Bay* Fortune Mnrls* Fortune Mnrls Forum Energy Forum Energy* Fosterville Four Nines Fox River Res Fox River Res* FPX Nickel Franco-Nevada* Franco-Nevada Franklin Mng* Freegold Vent Freeman Gold* Freeman Gold Freeport McMoR* Freeport Res Fremont Gold Fresnillo plc* Frontier Lith Frontline Gold Full Metal Mnl* Fury Gold Fury Gold* Fuse Cobalt* Fuse Cobalt

V 2397 O 126 T 6301 N 32643 T 9613 O 46 V 246 V 546 O 641 T 4599 X 48182 V 243 V 1092 O 48 O 236 T 333 X 7615 T 3500 V 1165 O 43 V 730 O 301 O 161 T 1209 O 46 V 2526 T 1745 O 9 O 1 V 109 V 109 V 717 O 439 V 275 O 230 V 228 O 28 C 443 V 1673 O 65 T 354 O 30 T 123 O 10 V 16 O 7 V 2243 V 392 O 24 O 130 C 1551 C 45 O 4 V 498 X 157 T 304 O 715 T 1982 V 19 O 18 C 12 O 8 V 5719 O 1447 O 0 O 1531 V 893 O 73 V 1147 O 172 V 641 O 404 C 8921 C 1175 O 1185 V 475 O 1 O 102 V 916 V 184 O 266 V 387 O 281 O 11 V 26 V 794 O 537 V 60 V 316 O 45 V 6643 O 3211 C 1781 O 114 V 8 N 22771 T 5103 O 1904 T 1511 O 517 T 20088 V 1090 O 667 V 2466 O 504 O 5245 T 8468 V 604 O 2 O 1 V 112 C 185 O 0 V 8807 O 1931 O 1 V 1267 V 4625 T 1262 V 250 O 30 T 3603 N 13504 V 38 O 4 O 1577 T 4359 V 1689 O 892 V 1068 C 13 C 79 O 0 V 840 N 4408 T 3398 O 1305 T 3623 O 129 C 766 N 129358 V 446 V 3802 O 34 V 1267 V 168 O 0 T 735 X 1413 O 1045 V 2895

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 Galore Res 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 V O V O T X O V V O V O V O V O V V O T N C

THE NORTHERN MINER / MARCH 29—APRIL 11, 2021

Week High

Low

1.42 21.52 26.58 6.47 8.07 0.30 0.38 0.19 0.16 9.75 7.83 0.07 0.04 0.02 0.61 0.75 8.57 10.67 0.14 0.12 0.28 0.22 0.33 0.41 0.09 0.12 25.14 20.07 0.07 0.09 0.09 2.65 2.11 0.21 0.18 0.23 0.28 0.35 0.69 0.29 0.36 0.05 0.08 0.18 0.20 0.13 0.03 0.27 0.21 0.10 0.12 0.10 0.07 0.32 3.55 4.41 0.70 0.86 0.12 0.10 10.05 8.22 0.20 0.16 0.00 0.62 0.45 0.35 0.11 0.09 0.11 0.17 0.20 0.37 0.30 0.14 0.06 2.42 3.06 0.10 0.97 1.21 0.17 0.23 0.28 0.20 0.19 0.18 0.92 0.74 0.38 0.31 0.62 0.41 0.07 17.73 22.01 0.31 0.38 0.63 28.09 0.50 0.42 0.14 0.11 0.52 0.65 0.05 0.05 0.14 0.18 0.07 0.00 0.19 0.15 0.22 0.20 1.13 0.64 0.23 16.24 9.53 7.68 1.04 0.83 0.12 0.15 0.41 0.33 1.32 0.50 0.32 0.00 0.78 125.29 156.00 0.03 0.77 0.40 0.50 37.57 0.20 0.06 13.65 1.07 0.04 0.00 1.78 1.42 0.12 0.15

1.07 19.34 24.06 5.54 6.93 0.00 0.32 0.18 0.14 7.46 5.94 0.06 0.04 0.02 0.58 0.72 8.14 10.16 0.11 0.10 0.24 0.19 0.31 0.39 0.00 0.08 22.66 18.61 0.07 0.08 0.08 2.35 1.90 0.17 0.15 0.20 0.26 0.31 0.60 0.27 0.34 0.05 0.07 0.00 0.18 0.12 0.02 0.23 0.19 0.08 0.10 0.00 0.07 0.30 3.04 3.85 0.64 0.79 0.00 0.10 9.41 7.41 0.16 0.13 0.00 0.41 0.37 0.30 0.09 0.07 0.10 0.12 0.15 0.29 0.24 0.13 0.06 1.97 2.44 0.07 0.89 1.12 0.14 0.04 0.00 0.17 0.14 0.12 0.86 0.68 0.33 0.26 0.38 0.30 0.07 16.61 20.72 0.29 0.36 0.54 23.98 0.35 0.30 0.12 0.09 0.43 0.55 0.05 0.05 0.14 0.15 0.07 0.00 0.13 0.11 0.22 0.17 0.92 0.49 0.23 15.04 8.88 7.11 0.96 0.00 0.09 0.12 0.38 0.30 1.15 0.44 0.00 0.00 0.66 120.77 151.00 0.02 0.71 0.35 0.40 33.84 0.18 0.05 12.81 0.98 0.04 0.00 1.63 1.30 0.10 0.13

Last

12-month Change

Stock

Generation Min Generation Min* Generic Gold* Generic Gold Genesis Mtls Genesis Mtls* Genius Metals Gensource Pot Gentor Res Geomega Res Geomega Res* Getchell Gold * Getchell Gold Getty Copper GFG Resources GFG Resources* GFM Res 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* Globex Mng Globex Mng* GMV Minerals* GMV Minerals GNCC Capital* Go Cobalt Go Cobalt* GobiMin GoGold Res Golcap Res Gold Basin Res Gold Bull Res Gold Bull Res* Gold Fields* Gold Fields* Gold Finder Ex* Gold Finder Ex Gold Hunter Rs Gold Line Res Gold Lion Res* Gold Lion Res Gold Mountain Gold Port Gold Reserve Gold Reserve* Gold Resource* Gold Rush Cari* Gold Rush Cari Gold Std Vents Gold Std Vents* Gold X Mining Gold’n Futures Gold79 Mines Gold79 Mines* Goldbank Mng Goldbelt Emp Goldblock Cap Goldcliff Res* Goldcliff Res Goldcore 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* GoldQuest Mng Goldrea Res Goldrea Res* Goldrich Mng* Goldseek Res Goldsource Min* Goldsource Min 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 Thunder* 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 GT Gold

1.34 + 21.23 + 26.55 + 5.73 7.14 0.30 0.34 0.18 0.15 8.12 + 6.52 + 0.06 + 0.04 unch 0.02 unch 0.60 + 0.74 unch 8.39 + 10.45 0.12 0.10 0.25 0.20 0.31 0.39 0.08 + 0.10 + 22.90 18.61 0.07 + 0.09 + 0.09 + 2.48 + 1.99 + 0.18 0.18 + 0.22 + 0.27 + 0.34 + 0.65 + 0.28 0.35 0.05 + 0.07 0.17 + 0.18 unch 0.13 + 0.02 unch 0.23 0.20 0.08 0.11 unch 0.09 unch 0.07 unch 0.31 + 3.42 + 4.11 + 0.65 + 0.79 unch 0.10 0.10 unch 9.95 + 8.22 + 0.17 0.13 0.00 unch 0.41 0.45 + 0.33 + 0.10 + 0.08 0.10 0.15 + 0.19 + 0.32 0.26 0.14 unch 0.06 unch 2.40 + 2.98 + 0.10 + 0.94 1.18 + 0.15 0.04 0.21 0.17 + 0.14 + 0.17 0.87 0.68 0.35 + 0.27 + 0.38 0.31 0.07 unch 16.86 + 21.27 + 0.30 + 0.38 + 0.56 24.00 0.43 0.35 0.12 unch 0.10 + 0.49 + 0.59 + 0.05 unch 0.05 unch 0.14 + 0.15 0.07 unch 0.05 unch 0.19 + 0.14 + 0.22 unch 0.20 + 1.10 + 0.60 + 0.23 + 15.27 9.10 + 7.26 + 1.04 + 0.83 + 0.12 + 0.15 + 0.39 + 0.31 + 1.25 unch 0.46 0.32 + 0.22 unch 0.73 + 124.33 + 156.00 + 0.02 0.77 + 0.37 0.46 34.99 0.19 unch 0.06 + 13.65 + 1.05 + 0.04 unch 0.06 unch 1.72 + 1.37 + 0.11 + 0.13 +

0.30 1.66 2.16 0.29 0.34 0.00 0.04 0.01 0.00 0.76 0.60 0.01 0.00 0.00 0.00 0.00 0.01 0.02 0.03 0.02 0.01 0.00 0.01 0.01 0.02 0.02 2.16 1.48 0.00 0.01 0.01 0.13 0.10 0.03 0.02 0.03 0.03 0.02 0.05 0.00 0.01 0.00 0.01 0.01 0.00 0.02 0.00 0.03 0.00 0.02 0.00 0.00 0.00 0.00 0.33 0.29 0.01 0.00 0.03 0.00 0.95 0.88 0.02 0.02 0.00 0.13 0.07 0.03 0.01 0.00 0.01 0.02 0.02 0.02 0.03 0.00 0.00 0.28 0.36 0.03 0.01 0.02 0.01 0.19 0.04 0.01 0.01 0.01 0.03 0.04 0.02 0.01 0.09 0.07 0.00 0.04 0.33 0.01 0.01 0.02 3.90 0.07 0.04 0.00 0.01 0.06 0.06 0.00 0.00 0.01 0.02 0.00 0.00 0.02 0.01 0.00 0.03 0.18 0.11 0.01 1.20 0.15 0.06 0.05 0.03 0.02 0.03 0.02 0.01 0.00 0.05 0.01 0.00 0.01 3.76 5.54 0.01 0.07 0.03 0.03 2.43 0.00 0.01 0.42 0.04 0.00 0.00 0.08 0.07 0.00 0.01

1.41 30.33 39.21 6.91 8.63 0.34 0.44 0.38 0.28 9.75 7.83 0.21 0.08 0.05 0.63 0.79 13.66 17.99 0.37 0.27 0.33 0.25 0.55 0.71 0.19 0.25 25.14 20.10 0.11 0.17 0.17 3.14 2.47 0.92 0.28 0.37 0.34 0.48 0.85 0.49 0.63 0.16 0.24 0.39 0.60 1.02 0.06 0.95 0.71 0.90 0.23 0.15 0.11 0.62 3.90 6.15 0.94 1.19 0.20 0.11 10.50 8.24 0.40 0.60 0.00 0.76 0.60 0.72 0.25 0.19 0.15 0.24 0.31 0.63 0.56 0.17 0.11 2.33 2.92 0.15 1.33 1.75 0.26 0.90 0.33 0.33 0.22 0.24 1.31 0.97 0.46 0.37 0.62 0.46 0.07 24.01 30.75 0.47 0.60 0.76 31.57 0.61 0.46 0.17 0.13 0.52 0.65 0.05 0.05 0.21 0.27 0.20 0.36 0.28 0.22 0.26 0.48 1.11 0.64 0.30 20.40 12.61 9.85 1.56 1.21 0.12 0.15 0.41 0.35 5.34 0.51 0.32 0.25 0.94 166.11 222.15 0.10 1.95 0.89 0.84 39.10 0.95 0.17 18.11 1.39 0.04 0.06 7.78 3.94 0.26 0.33

0.08 12.46 17.50 1.12 1.62 0.03 0.04 0.05 0.04 1.22 0.84 0.03 0.03 0.02 0.16 0.23 4.63 6.76 0.05 0.10 0.04 0.03 0.09 0.13 0.02 0.03 8.47 5.92 0.05 0.06 0.06 0.12 0.09 0.10 0.05 0.08 0.20 0.15 0.05 0.05 0.14 0.00 0.01 0.14 0.10 0.00 0.01 0.19 0.00 0.05 0.05 0.01 0.01 0.19 2.20 2.23 0.30 0.42 0.05 0.06 3.49 0.00 0.04 0.07 0.00 0.01 0.17 0.12 0.03 0.02 0.03 0.01 0.02 0.23 0.16 0.02 0.02 0.77 1.00 0.02 0.23 0.34 0.05 0.00 0.12 0.04 0.10 0.03 0.31 0.23 0.08 0.05 0.05 0.03 0.07 4.80 6.94 0.11 0.16 0.08 4.71 0.13 0.09 0.03 0.02 0.08 0.12 0.01 0.01 0.02 0.03 0.05 0.04 0.02 0.01 0.14 0.05 0.08 0.08 0.10 5.20 2.86 2.02 0.26 0.14 0.03 0.04 0.05 0.04 0.91 0.10 0.04 0.04 0.11 93.01 133.63 0.00 0.04 0.18 0.30 4.82 0.08 0.05 6.37 0.14 0.01 0.00 1.44 1.07 0.02 0.03

0.33 0.33 + 0.38 0.42 + 0.18 0.19 0.23 0.25 + 0.00 0.08 0.10 0.10 unch 0.23 0.25 + 0.18 0.20 + 0.00 0.27 unch 0.00 0.26 + 1.41 1.47 1.12 1.14 0.07 0.07 + 0.09 0.09 + 0.03 0.03 unch 0.00 0.17 + 0.00 0.22 0.72 0.81 + 0.89 1.01 + 0.21 0.23 + 0.25 0.29 + 0.32 0.34 + 0.40 0.41 0.46 0.51 + 0.38 0.38 + 17.48 18.11 + 13.95 14.56 + 0.00 0.40 +

0.03 0.04 0.00 0.01 0.00 0.00 0.01 0.00 0.00 0.03 0.09 0.12 0.00 0.01 0.00 0.01 0.06 0.04 0.03 0.03 0.02 0.01 0.01 0.04 0.01 0.56 0.44 0.09

0.87 1.20 0.44 0.60 0.13 0.18 0.41 0.30 0.45 0.33 2.80 2.12 0.14 0.20 0.03 3.95 0.39 1.57 2.09 0.24 0.31 0.68 0.97 0.86 0.70 31.08 24.00 0.50

0.13 0.16 0.15 0.20 0.03 0.03 0.06 0.04 0.10 0.02 0.89 0.62 0.02 0.03 0.01 0.06 0.09 0.21 0.29 0.03 0.03 0.20 0.37 0.40 0.34 7.77 5.78 0.16

G-H 4 170 34 200 112 109 2084 650 20 7 852 27321 478 1602 110 9 17 309 482 312 839 226 513 78 48 81 2896 6

0.33 0.43 0.19 0.25 0.09 0.11 0.29 0.22 0.27 0.30 1.63 1.31 0.08 0.09 0.03 0.18 0.26 0.84 1.03 0.24 0.31 0.36 0.43 0.51 0.40 19.94 16.10 0.40

(100s)

High Low

Exc Volume T 2264 O 688 O 1 C 354 V 552 O 67 C 68 V 383 V 5 V 1210 O 233 O 310 C 244 V 26 V 528 O 195 V 200 V 303 O 101 O 85 V 184 V 277 O 455 V 217 O 2 V 563 O 86 V 44 V 250 O 50 V 619 O 685 O 57 V 253 O 1504 O 96 T 2345 O 567 O 4057 V 2612 O 65 V 80 O 1 C 907 O 168 T 1054 O 96 O 173 V 57 O 1016213 C 369 O 5 V 1 T 3405 C 83 C 378 V 201 O 235 O 1 N 52544 O 1182 V 6416 C 114 V 863 O 9 C 163 V 185 C 379 V 22 O 183 X 5170 O 0 V 1015 T 515 X 28190 V 4517 C 98 V 664 O 17 V 1 V 688 C 33 O 81 V 763 V 1141 V 542 O 424 O 61 C 354 O 3 V 80 V 1090 O 205 V 4 V 105 O 62 C 2480 C 1026 T 200 X 4610 O 29 V 124 V 140 V 459 V 162 O 2 T 129 X 4231 O 2 V 1529 O 641 V 7 O 11 V 248 O 3 T 75 O 75 O 318 O 9 V 199 T 4861 V 402 O 72 V 431 C 404 O 74 O 1601 C 79 O 527 V 2252 V 41 V 978 O 423 V 176 V 4012 O 1176 V 71 O 32 O 8 V 129 O 475 V 598 T 5019 O 365 V 616 O 389 O 46 V 251 O 490 V 610 O 324 V 137 O 974 V 4956 C 115 V 101 O 124 V 688 O 1038 T 1947 X 11152 O 195 O 90 C 327 V 565 V 93 V 352 O 4294 V 5 C 21 O 25 V 366 O 111 O 665 V 354 V 1 V 827 O 770 V 848 O 320 V 96 V 932

Week High 0.99 0.80 0.33 0.42 0.22 0.17 0.19 0.24 0.08 0.40 0.32 0.44 0.55 0.09 0.17 0.13 0.07 0.21 0.19 0.12 0.17 0.62 0.50 0.11 0.08 0.78 0.62 0.20 0.09 0.08 0.28 0.23 0.06 0.07 7.97 4.06 2.44 1.93 0.54 0.67 0.20 0.25 0.55 0.20 0.16 1.05 0.85 0.27 0.33 0.00 0.05 0.04 0.00 2.50 0.27 0.38 0.41 0.33 9.68 10.13 0.18 0.23 0.55 0.52 0.15 0.20 1.40 0.16 2.06 1.66 2.92 0.00 0.03 0.86 0.69 4.00 0.16 0.10 0.08 0.00 0.03 0.27 0.08 0.10 0.39 0.19 0.15 0.00 0.18 0.12 0.15 0.11 0.09 0.22 0.31 0.24 0.34 0.44 0.96 0.77 0.15 0.18 0.17 4.45 0.16 1.50 4.43 3.57 1.00 0.46 0.37 6.94 5.53 0.08 0.07 0.05 0.04 0.42 0.16 0.20 2.34 0.45 0.37 0.28 0.06 0.04 0.05 0.30 0.11 0.13 0.14 0.94 0.74 0.14 0.35 0.27 0.31 0.24 0.08 0.10 0.57 0.71 6.22 5.01 0.16 0.13 0.27 0.34 0.18 0.23 1.30 1.60 1.35 1.59 0.56 0.48 13.69 17.20 0.01 1.08 0.87 0.40 0.04 0.06 0.08 1.38 0.20 0.17 0.16 0.15 0.12 0.26 0.21 0.04 0.05 0.00 0.12 0.34 0.40 0.05 0.32 3.22

Low

Last

12-month Change

0.85 0.92 + 0.69 0.74 + 0.30 0.30 0.37 0.38 + 0.20 0.21 + 0.16 0.17 + 0.17 0.18 + 0.23 0.23 0.08 0.08 unch 0.35 0.37 + 0.28 0.30 + 0.40 0.42 + 0.49 0.50 0.00 0.08 0.15 0.15 0.12 0.12 0.07 0.07 unch 0.19 0.20 0.16 0.19 + 0.11 0.12 unch 0.15 0.17 + 0.55 0.58 + 0.42 0.45 0.09 0.10 0.08 0.08 unch 0.69 0.71 0.56 0.57 0.15 0.18 + 0.09 0.09 unch 0.07 0.07 unch 0.23 0.25 unch 0.19 0.20 0.04 0.05 0.06 0.06 7.59 7.77 3.83 3.87 2.09 2.44 + 1.69 1.93 + 0.36 0.39 0.47 0.49 0.17 0.19 + 0.21 0.23 + 0.55 0.55 unch 0.18 0.18 + 0.14 0.14 0.91 0.94 0.75 0.75 0.23 0.23 0.29 0.29 0.00 0.00 + 0.00 0.05 0.03 0.03 0.00 0.33 unch 2.15 2.38 + 0.25 0.25 0.32 0.34 unch 0.36 0.37 0.29 0.30 9.68 9.68 unch 9.26 10.04 + 0.12 0.18 + 0.17 0.21 + 0.45 0.52 0.44 0.45 0.14 0.15 + 0.17 0.18 1.30 1.36 + 0.13 0.14 1.80 1.85 1.44 1.44 2.73 2.87 + 0.00 0.02 unch 0.02 0.03 unch 0.76 0.80 + 0.62 0.67 + 3.45 3.88 + 0.14 0.15 unch 0.09 0.10 + 0.07 0.08 + 0.00 0.13 unch 0.03 0.03 unch 0.26 0.26 0.00 0.08 + 0.08 0.09 0.25 0.38 + 0.18 0.18 + 0.14 0.15 + 0.00 0.00 0.14 0.15 0.12 0.12 unch 0.14 0.15 unch 0.10 0.11 + 0.07 0.09 + 0.22 0.22 unch 0.29 0.30 unch 0.24 0.24 0.24 0.33 + 0.36 0.37 0.89 0.93 + 0.71 0.77 + 0.00 0.15 + 0.15 0.15 0.14 0.14 4.03 4.16 0.10 0.15 + 1.15 1.15 3.89 4.43 + 3.11 3.50 + 1.00 1.00 unch 0.40 0.41 0.32 0.32 6.60 6.84 + 5.16 5.49 + 0.00 0.08 0.06 0.07 + 0.00 0.04 unch 0.03 0.03 0.37 0.39 0.16 0.16 + 0.14 0.20 unch 2.07 2.34 + 0.39 0.44 + 0.30 0.35 + 0.25 0.27 + 0.05 0.06 + 0.03 0.04 + 0.03 0.05 unch 0.23 0.28 + 0.10 0.10 0.13 0.13 unch 0.12 0.13 + 0.70 0.86 + 0.56 0.69 + 0.13 0.14 + 0.29 0.30 0.23 0.23 0.00 0.29 0.00 0.23 0.07 0.08 + 0.08 0.09 0.49 0.53 0.62 0.65 5.27 5.92 4.24 4.67 0.14 0.15 0.11 0.12 0.22 0.26 + 0.28 0.33 + 0.16 0.18 + 0.20 0.22 unch 1.12 1.17 1.40 1.45 1.06 1.10 1.32 1.39 0.00 0.54 0.44 0.48 + 12.50 13.69 + 15.55 17.14 + 0.01 0.01 1.01 1.06 + 0.81 0.82 + 0.36 0.40 + 0.00 0.04 unch 0.00 0.06 0.07 0.08 1.06 1.12 0.17 0.18 + 0.12 0.15 + 0.16 0.16 unch 0.00 0.15 unch 0.12 0.12 unch 0.24 0.25 + 0.00 0.20 + 0.04 0.04 + 0.05 0.05 0.00 0.17 unch 0.10 0.12 + 0.28 0.30 0.35 0.37 0.03 0.03 0.30 0.32 + 3.20 3.22 +

0.03 0.03 0.02 0.03 0.01 0.02 0.01 0.02 0.00 0.02 0.02 0.02 0.01 0.03 0.02 0.01 0.00 0.02 0.03 0.00 0.02 0.02 0.01 0.01 0.00 0.03 0.02 0.03 0.00 0.00 0.00 0.01 0.00 0.01 0.32 0.16 0.36 0.25 0.04 0.07 0.03 0.02 0.00 0.01 0.01 0.10 0.07 0.02 0.05 0.00 0.01 0.00 0.00 0.28 0.02 0.00 0.01 0.02 0.00 0.72 0.02 0.01 0.03 0.02 0.01 0.01 0.01 0.02 0.06 0.13 0.03 0.00 0.00 0.02 0.05 0.94 0.00 0.01 0.00 0.00 0.00 0.02 0.01 0.01 0.12 0.01 0.00 0.00 0.02 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.09 0.04 0.04 0.05 0.01 0.02 0.03 0.16 0.02 0.35 0.44 0.34 0.00 0.03 0.03 0.29 0.14 0.01 0.00 0.00 0.00 0.03 0.00 0.00 0.26 0.05 0.04 0.02 0.02 0.01 0.00 0.01 0.00 0.00 0.01 0.16 0.13 0.01 0.01 0.01 0.03 0.01 0.01 0.02 0.03 0.04 0.27 0.21 0.01 0.00 0.03 0.05 0.00 0.00 0.09 0.15 0.20 0.22 0.01 0.04 1.34 1.64 0.00 0.04 0.03 0.03 0.00 0.01 0.01 0.15 0.02 0.03 0.00 0.00 0.00 0.01 0.02 0.00 0.01 0.00 0.01 0.02 0.03 0.02 0.01 0.01

High Low 1.20 0.95 0.33 0.61 0.40 0.38 0.32 0.25 0.08 0.60 0.47 0.55 0.69 0.11 0.31 0.24 0.15 0.45 0.29 0.22 0.30 2.44 1.84 0.21 0.14 0.87 0.70 0.22 0.19 0.13 0.48 0.37 0.09 0.12 8.67 4.40 2.58 2.01 1.52 1.93 0.28 0.45 2.35 0.27 0.21 1.07 0.86 0.27 0.35 0.00 0.16 0.14 0.35 2.88 0.60 0.50 0.71 0.56 15.00 14.90 0.17 0.21 0.95 0.76 0.52 0.75 1.63 0.30 2.70 2.02 5.04 0.03 0.04 1.50 1.14 4.62 0.35 0.14 0.11 0.18 0.05 0.30 0.13 0.18 0.72 0.22 0.17 0.01 0.28 0.14 0.20 0.38 0.32 0.44 0.50 0.32 0.72 0.70 1.65 1.30 0.25 0.38 0.31 4.86 0.20 3.00 6.89 5.20 5.10 0.65 0.60 8.32 6.43 0.12 1.10 0.10 0.07 0.87 0.19 0.24 3.85 1.14 0.86 0.50 0.08 0.05 0.10 0.59 0.14 0.19 0.30 0.94 0.74 0.17 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 1.46 1.84 0.89 0.88 14.62 19.83 0.02 1.47 1.16 0.73 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 0.14 0.50 0.48 0.07 0.67 3.22

0.39 0.16 0.28 0.02 0.16 0.11 0.14 0.07 0.03 0.09 0.06 0.08 0.11 0.02 0.09 0.06 0.07 0.03 0.02 0.05 0.05 0.14 0.09 0.05 0.01 0.04 0.04 0.10 0.08 0.07 0.17 0.11 0.04 0.06 2.51 1.29 0.26 0.18 0.03 0.02 0.11 0.05 0.55 0.04 0.03 0.26 0.19 0.05 0.08 0.00 0.02 0.01 0.20 0.39 0.20 0.10 0.02 0.01 4.09 3.79 0.02 0.02 0.30 0.24 0.14 0.13 0.76 0.04 1.50 1.17 2.30 0.01 0.01 0.46 0.27 1.05 0.11 0.03 0.02 0.09 0.02 0.12 0.05 0.07 0.04 0.10 0.07 0.00 0.03 0.02 0.04 0.04 0.03 0.06 0.06 0.24 0.22 0.07 0.26 0.18 0.12 0.04 0.10 0.66 0.03 0.17 3.05 2.12 0.00 0.03 0.03 3.55 4.92 0.06 0.04 0.02 0.01 0.11 0.12 0.06 1.01 0.20 0.14 0.09 0.02 0.01 0.01 0.11 0.05 0.08 0.09 0.12 0.08 0.02 0.08 0.05 0.10 0.08 0.03 0.03 0.07 0.10 3.10 2.17 0.09 0.06 0.07 0.11 0.08 0.03 0.10 0.15 0.03 0.03 0.30 0.34 7.46 4.50 0.00 0.39 0.25 0.15 0.04 0.05 0.01 0.14 0.03 0.04 0.14 0.07 0.05 0.08 0.05 0.02 0.03 0.09 0.03 0.09 0.14 0.00 0.08 0.80

(100s) Stock

Exc Volume

Week High

Low

Last

2.53 0.00 0.06 0.05 0.45 0.00 0.09 0.12 0.00 0.03 0.09 0.08 0.00 0.48 0.38 0.41 0.09 0.46 0.37 4.38 0.14 0.11 0.13 0.17 0.03 0.02 0.81 6.46 0.85 1.08 1.04 0.48 0.45 0.08 0.00 0.02 1.05 1.30 0.08 0.10 0.32 0.03 0.03 2.85 0.09 0.12 0.00 8.63 6.90 0.18 0.00 0.00 0.10 0.00 0.04

2.56 0.00 0.06 0.05 0.48 0.61 0.09 0.12 0.05 0.03 0.09 0.08 0.11 0.56 0.46 0.49 0.09 0.49 0.37 4.54 0.17 0.13 0.13 0.19 0.03 0.02 0.84 6.50 0.92 1.11 1.24 0.48 0.52 0.09 0.28 0.02 1.07 1.35 0.08 0.10 0.32 0.04 0.04 2.87 0.12 0.14 0.13 8.64 6.92 0.20 0.23 0.09 0.11 0.32 0.04

GT Gold * GTA Resources* 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 Hawkeye Gld&Di* Heatherdale Rs Hecla Mining* Heliostar Met* Heliostar Met Hemcare Health* Hemlo Expl* Hemlo Expl HFX Holding High Point Exp Highbank Res HighGold* HighGold Highland Copp* Highland Copp 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

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

137 12 729 904 63 62 11 33 10 2 1 5 2 1317 572 79 207 273 13 25937 8108 805 4 36 3155 90 128 52986 253 200 345 22 55 85 2 286 63 302 404 1114 143 1478 58 219 129 1085 253 6622 5297 112 392 5 59 15 50

2.59 0.00 0.07 0.06 0.49 0.62 0.10 0.13 0.05 0.04 0.09 0.08 0.00 0.62 0.48 0.53 0.10 0.49 0.39 4.59 0.17 0.14 0.14 0.21 0.04 0.02 0.88 6.98 0.99 1.20 1.24 0.48 0.53 0.11 0.28 0.03 1.09 1.36 0.09 0.11 0.37 0.04 0.04 2.98 0.12 0.14 0.13 9.54 7.64 0.20 0.25 0.09 0.11 0.33 0.04

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* Indiana Res* Indigo Expl Infinite Ore* Infinite Ore Inflection Res Infrastructure* Inomin Mines Intact Gold 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 Montoro Intl Montoro* 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 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* Kenadyr Mining* Kenadyr Mining Kenorland Min Kesselrun Res* Kesselrun Res Kestrel Gold

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

40 33 33855 5852 121 185 1941 1345 507 47 51 414 397 430 58 1624 1 20 196 290 944 87 144 8133 293 76 0 506 276 1834 156 284 163 5 203 180 46 25 1 5 205 252 31 8 713 1337 61 402 597 813 405 2357 84 25 53 40486 1854 77 778 49 963 19 308 18 686 575 370 115 308 114 153 732 50 32 817 1112 10399 30 30 123 3 30 4400 302 4286 362 2 14 30 378 331 10 158 1162 1087 224 272 217 1619 1585 173 170 297 4 550 469 5148 573 310 337 1584 25 158 0 59 13 558 36425 1213 710 102 8 825 947

0.06 0.05 3.43 4.25 0.08 0.25 0.32 0.17 0.14 0.03 0.20 0.22 0.18 0.11 0.09 0.87 19.10 3.84 4.79 0.18 0.20 0.36 0.45 0.05 0.16 0.11 0.06 0.10 0.09 0.11 0.37 0.09 0.12 0.08 3.22 4.05 0.42 0.36 0.00 0.12 0.64 0.79 0.04 0.10 0.04 0.04 1.44 1.80 0.10 0.09 0.03 0.10 0.09 0.10 0.12 0.00 1.40 1.75 0.14 0.11 39.19 0.38 0.49 0.19 0.26 0.05 0.03 0.52 0.56 2.29 1.84 3.26 0.59 0.79 0.30 5.94 7.17 0.36 0.06 0.08 0.03 0.05 7.64 6.06 0.43 0.32 0.09 0.08 0.07 0.08 0.14 0.11 0.30 0.49 0.40 0.21 0.22 0.78 0.14 0.10 0.23 0.40 0.50 1.54 0.41 0.29 6.87 5.50 0.33 0.05 0.03 0.48 1.06 0.00 0.23 0.49 2.84 0.00 0.04 0.04 0.88 0.15 0.17 0.11

12-month Change

High Low

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

0.00 0.00 0.01 0.01 0.00 0.03 0.00 0.01 0.00 0.01 0.00 0.00 0.00 0.05 0.05 0.04 0.01 0.01 0.02 0.19 0.04 0.02 0.01 0.02 0.00 0.00 0.01 0.00 0.07 0.04 0.18 0.00 0.02 0.01 0.01 0.00 0.00 0.02 0.00 0.00 0.05 0.01 0.00 0.02 0.01 0.01 0.00 0.84 0.69 0.01 0.00 0.01 0.01 0.02 0.00

2.59 0.00 0.10 0.08 0.67 0.93 0.16 0.40 0.06 0.04 0.15 0.11 0.16 0.61 0.48 2.94 0.15 0.62 0.39 7.61 0.22 0.16 0.20 0.29 0.05 0.04 1.35 8.45 1.30 2.25 1.74 0.81 1.11 0.35 0.39 0.03 2.44 3.14 0.12 0.15 0.42 0.09 0.21 4.35 0.21 0.18 0.20 10.58 8.39 0.29 0.38 0.15 0.20 0.75 0.06

0.57 0.00 0.03 0.02 0.30 0.43 0.07 0.08 0.01 0.00 0.01 0.01 0.02 0.15 0.10 0.39 0.07 0.15 0.18 1.76 0.08 0.06 0.04 0.06 0.01 0.00 0.28 1.44 0.10 0.30 0.55 0.04 0.18 0.02 0.02 0.01 0.43 0.61 0.01 0.02 0.06 0.02 0.01 0.99 0.00 0.01 0.03 1.80 1.23 0.04 0.07 0.01 0.04 0.05 0.03

0.06 0.06 + 0.04 0.04 3.21 3.26 + 4.01 4.09 + 0.00 0.08 0.20 0.25 + 0.26 0.32 + 0.15 0.16 + 0.12 0.14 + 0.03 0.03 0.00 0.20 + 0.19 0.21 + 0.15 0.16 + 0.10 0.10 0.07 0.08 + 0.78 0.84 + 0.00 17.90 + 3.68 3.72 + 4.59 4.65 + 0.14 0.17 + 0.18 0.20 + 0.32 0.32 0.40 0.40 0.04 0.04 0.13 0.14 0.10 0.11 0.06 0.06 unch 0.09 0.09 0.08 0.08 0.10 0.10 0.35 0.36 unch 0.04 0.05 0.11 0.11 unch 0.00 0.08 + 3.08 3.16 + 3.84 3.91 0.42 0.42 unch 0.36 0.36 unch 0.00 0.15 unch 0.12 0.12 unch 0.55 0.60 0.69 0.75 + 0.04 0.04 unch 0.08 0.09 0.02 0.03 0.03 0.04 + 1.14 1.40 + 1.39 1.75 + 0.09 0.09 unch 0.07 0.07 0.02 0.02 unch 0.07 0.09 + 0.06 0.07 + 0.08 0.08 0.10 0.12 unch 0.00 0.00 1.17 1.40 + 1.31 1.69 + 0.11 0.12 0.09 0.10 35.00 36.04 0.35 0.36 + 0.44 0.46 0.17 0.18 + 0.00 0.20 0.04 0.04 0.03 0.03 unch 0.41 0.42 0.52 0.52 2.00 2.26 + 1.60 1.80 + 2.62 2.92 + 0.57 0.58 + 0.68 0.68 0.20 0.24 5.37 5.48 6.83 6.85 0.31 0.36 + 0.06 0.06 unch 0.00 0.07 unch 0.03 0.03 unch 0.04 0.05 + 6.51 6.63 5.22 5.25 0.33 0.34 0.27 0.28 0.06 0.06 unch 0.08 0.08 unch 0.05 0.07 + 0.08 0.08 + 0.11 0.14 + 0.10 0.10 0.27 0.29 0.44 0.49 + 0.34 0.40 + 0.15 0.17 + 0.19 0.21 0.74 0.76 + 0.07 0.10 unch 0.08 0.09 0.22 0.23 unch 0.34 0.40 + 0.44 0.49 + 0.00 1.47 + 0.34 0.36 0.22 0.25 + 6.26 6.66 + 4.92 5.36 + 0.28 0.33 + 0.04 0.05 unch 0.03 0.03 0.35 0.37 0.98 1.04 + 0.00 0.20 unch 0.21 0.22 + 0.00 0.48 unch 2.60 2.83 + 0.00 0.00 0.03 0.04 + 0.04 0.04 + 0.00 0.85 + 0.00 0.13 0.16 0.17 0.10 0.11 +

0.01 0.00 0.03 0.08 0.02 0.04 0.06 0.02 0.01 0.01 0.06 0.02 0.00 0.01 0.00 0.02 1.45 0.10 0.05 0.03 0.02 0.02 0.03 0.01 0.01 0.01 0.00 0.01 0.00 0.01 0.00 0.02 0.00 0.01 0.04 0.01 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.01 0.01 0.01 0.26 0.35 0.00 0.00 0.00 0.02 0.01 0.02 0.00 0.00 0.17 0.20 0.03 0.03 1.11 0.02 0.01 0.03 0.04 0.01 0.00 0.02 0.03 0.29 0.20 0.04 0.01 0.04 0.04 0.13 0.17 0.03 0.00 0.00 0.00 0.01 0.22 0.23 0.04 0.03 0.00 0.00 0.02 0.01 0.01 0.01 0.01 0.05 0.04 0.00 0.01 0.02 0.00 0.01 0.00 0.02 0.03 0.09 0.05 0.01 0.41 0.33 0.08 0.00 0.01 0.11 0.03 0.00 0.01 0.00 0.28 0.00 0.00 0.01 0.11 0.00 0.01 0.01

0.06 0.05 5.35 7.07 0.14 0.28 0.33 0.44 0.47 0.05 0.25 1.00 0.73 0.25 0.19 1.25 19.10 4.90 6.25 0.90 0.24 0.67 0.86 0.08 0.23 0.17 0.06 0.15 0.19 0.23 0.63 0.14 0.25 0.12 5.50 5.90 0.48 0.36 0.26 0.20 0.78 0.99 0.04 0.10 0.07 0.09 1.37 1.73 0.16 0.13 0.04 0.12 0.09 0.15 0.23 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 4.42 3.36 3.49 0.67 0.83 0.30 6.57 8.27 0.42 0.09 0.15 0.04 0.08 11.30 9.30 0.47 0.38 0.13 0.18 0.09 0.14 0.14 0.11 0.38 0.55 0.45 1.75 0.30 0.91 0.20 0.18 0.23 0.40 0.51 2.25 0.96 0.65 8.95 7.16 0.40 0.06 0.05 0.48 1.95 0.30 0.33 1.28 3.57 0.00 0.06 0.08 1.75 0.37 0.47 0.20

0.02 0.01 1.85 2.69 0.01 0.02 0.04 0.07 0.05 0.01 0.04 0.10 0.07 0.08 0.06 0.27 4.60 0.74 1.00 0.08 0.03 0.07 0.18 0.01 0.03 0.02 0.02 0.06 0.03 0.03 0.30 0.00 0.03 0.03 2.83 1.63 0.16 0.13 0.09 0.08 0.05 0.08 0.01 0.01 0.00 0.01 0.02 0.10 0.03 0.02 0.01 0.01 0.01 0.07 0.08 0.00 0.36 0.52 0.02 0.02 6.00 0.13 0.17 0.08 0.10 0.01 0.01 0.13 0.27 1.71 1.19 0.25 0.14 0.22 0.03 1.40 2.04 0.20 0.02 0.04 0.02 0.01 1.50 0.99 0.21 0.14 0.03 0.03 0.03 0.05 0.01 0.00 0.14 0.12 0.05 0.08 0.06 0.31 0.04 0.01 0.03 0.06 0.11 0.20 0.12 0.14 1.93 1.35 0.18 0.03 0.02 0.32 0.13 0.11 0.09 0.13 2.25 0.00 0.02 0.02 0.70 0.02 0.03 0.01

I-J-K

(100s) Stock

Exc Volume

Week High

KGL Resources KGL Resources* Kincora Copper* Kincora Copper King Global* King Global 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*

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

1106 187 20 399 14 308 827 8 38 2 29087 81378 242 139 4 10528 8837 276 31 2229 4081 98 9 1430 2200 712 594 30 393 201 346 355 3199 125

0.35 0.44 0.22 0.29 0.03 0.04 0.20 0.15 0.20 0.15 8.86 7.14 0.14 0.38 0.31 44.20 35.41 0.25 0.19 0.09 0.10 1.30 0.22 0.31 0.37 0.30 0.09 0.07 0.91 0.42 2.55 2.05 0.04 0.03

Labrador Gold* Labrador Gold Labrador IMH* Labrador IOR* Labrador IOR Lake Resources* 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 Libero Copper Liberty Gold* Liberty One Li Liberty One Li* Lida Resources* 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 Lithoquest Res* Lithoquest Res LKA Gold* Lode-Star Mg* Logan Res* Logan Res Lomiko Mtls Lomiko Mtls* Loncor Res* Loncor Res Lone Star Gold* Los Andes* Los Andes Lovitt Res Lucara Diam Lucky Min* Lucky Min Luckystrike * Luckystrike Lumina Gold* Lumina Gold Luminex Res Lundin Gold Lundin Mng* Lundin Mng Lupaka Gold * Lupaka Gold Lydian Intl* Lynas Corp* Lynas Corp*

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

1993 3118 1241 43 6259 6337 66 2403 4513 4563 844 5 41 145 20 276 35 24 503 262 280 16392 699 0 3 2 690 3833 996 13 82 220 197 963 624 1 4893 16863 1226 1524 4099 21 295 4 15 10 16 0 25 6977 5947 44 265 16 3 19 28 518 64 59 55 120 405 360 147 4199 411 9758 21 40 138 1456 958

0.39 0.50 0.33 33.91 40.76 0.29 0.74 0.53 0.03 1.55 21.74 0.16 0.19 0.15 0.16 0.20 0.16 0.05 0.08 0.36 0.30 5.08 0.29 0.00 0.45 0.00 0.48 0.67 1.47 0.76 0.61 0.05 0.13 1.48 1.19 0.11 22.20 17.83 0.63 0.50 0.62 0.17 0.22 0.06 0.07 0.17 0.14 0.00 0.26 0.22 0.18 0.58 0.73 1.10 5.24 7.20 0.18 0.79 0.07 0.08 0.28 0.34 0.69 0.86 0.84 10.26 12.20 15.18 0.04 0.06 0.04 5.05 5.13

Macarthur Min Macarthur Min* MacDonald Mns MacDonald Mns* MAG Silver Magellan Gold* Magna Gold Magna Gold* 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 Mansa Explor Maple Gold Maple Gold* Marathon Gold* Marathon Gold Marifil Mines Marifil Mines* Marimaca Cop Marimaca Cop* Mariner Res* Maritime Res Martina Mnls MartinMarietta* 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* Mazarin McChip Res McEwen Mng* McEwen Mng McLaren Res MDN Inc* Mechel* Medallion Res* Medallion Res

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

261 148 1223 364 2570 4 243 97 43 76 89 9 34 390 4033 295 236 499 798 1809 72 168 204 26 967 2162 39 8 5 626 644 579 504 606 18632 224 67 1104 34 386 3062 40 2029 113 0 1203 142 462 1022 28 2708 27 713 5759 190 341 1544 548 39 0 98 0 27587 1437 107 33 522 853 244

0.54 0.43 0.07 0.06 21.28 1.00 1.05 0.83 0.12 0.14 0.07 0.04 0.05 0.41 0.53 0.36 0.48 1.46 0.31 0.38 0.09 0.11 2.03 1.61 0.54 0.64 0.09 0.08 0.07 0.09 0.18 0.29 0.25 2.12 2.67 0.07 0.06 4.69 3.67 0.42 0.15 0.07 345.27 0.18 0.00 0.15 0.12 0.58 0.73 0.18 0.06 0.01 7.14 5.76 0.22 0.27 0.24 0.07 0.05 0.05 0.18 0.00 1.20 1.49 0.08 0.84 1.94 0.43 0.52

Low

Last

0.02 0.32 0.01 0.25 0.20 0.21 0.25 0.29 0.03 0.03 0.00 0.04 0.17 0.20 0.00 0.15 0.19 0.20 0.15 0.15 8.39 8.70 6.73 6.92 0.12 0.12 0.25 0.30 0.24 0.31 41.80 43.70 33.52 35.00 0.22 0.25 0.18 0.19 0.06 0.08 0.09 0.09 1.20 1.23 0.19 0.22 0.27 0.30 0.32 0.36 0.26 0.29 0.07 0.07 0.00 0.06 0.87 0.88 0.34 0.42 2.25 2.50 1.81 1.98 0.03 0.03 0.02 0.02

12-month Change

High Low

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

0.08 0.23 0.01 0.05 0.00 0.00 0.00 0.00 0.02 0.00 0.33 0.19 0.01 0.05 0.04 0.65 0.48 0.01 0.01 0.01 0.01 0.04 0.03 0.04 0.03 0.02 0.01 0.00 0.02 0.06 0.29 0.21 0.01 0.00

0.60 0.44 0.25 0.57 0.05 0.07 0.23 0.30 0.24 0.15 13.59 10.32 0.17 0.45 0.33 76.43 57.69 0.39 0.29 0.26 0.34 2.51 0.35 0.54 0.54 0.46 3.00 1.16 2.01 4.09 3.13 2.47 0.04 0.03

0.10 0.00 0.15 0.06 0.00 0.02 0.06 0.05 0.09 0.07 5.11 3.53 0.05 0.06 0.01 33.60 23.22 0.17 0.12 0.01 0.02 0.12 0.07 0.07 0.13 0.08 0.07 0.06 0.17 0.05 0.45 0.32 0.01 0.00

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

0.07 0.09 0.02 0.86 1.16 0.02 0.06 0.09 0.00 0.00 1.62 0.00 0.03 0.01 0.00 0.01 0.00 0.00 0.01 0.04 0.01 0.19 0.02 0.00 0.00 0.00 0.01 0.20 0.08 0.03 0.01 0.00 0.00 0.16 0.11 0.00 1.86 1.60 0.03 0.02 0.06 0.03 0.01 0.01 0.01 0.00 0.05 0.00 0.01 0.04 0.03 0.12 0.08 0.07 0.13 0.55 0.00 0.03 0.01 0.00 0.00 0.00 0.02 0.01 0.04 0.18 0.77 0.84 0.00 0.00 0.00 0.26 0.17

0.50 0.63 0.95 33.91 40.76 0.50 1.02 0.53 0.09 17.20 21.80 0.18 0.23 0.24 0.18 0.24 0.18 0.05 0.09 0.45 0.35 7.25 0.42 0.50 1.00 0.01 0.99 1.08 1.82 0.90 1.00 0.20 0.28 2.66 2.00 0.18 36.60 28.75 1.15 0.89 1.22 0.26 0.33 0.11 0.14 0.20 0.15 18.09 0.35 0.28 0.22 0.66 0.89 2.33 5.51 7.50 0.27 1.00 0.22 0.27 0.37 0.58 0.91 1.19 1.08 13.23 12.45 15.42 0.06 0.08 0.07 5.31 5.37

0.10 0.10 0.00 9.71 13.25 0.02 0.45 0.10 0.00 4.00 5.80 0.10 0.08 0.05 0.04 0.13 0.09 0.03 0.04 0.05 0.04 0.15 0.14 0.01 0.09 0.00 0.38 0.23 0.42 0.40 0.01 0.02 0.06 0.72 0.50 0.11 2.90 1.92 0.10 0.07 0.07 0.03 0.03 0.03 0.03 0.04 0.04 0.00 0.06 0.02 0.01 0.22 0.32 0.36 2.66 1.95 0.09 0.40 0.04 0.06 0.17 0.16 0.31 0.46 0.46 6.69 2.82 4.08 0.00 0.01 0.00 0.60 0.56

0.00 0.50 0.38 0.40 0.06 0.07 + 0.05 0.05 19.65 20.69 0.91 1.00 unch 0.91 0.95 0.72 0.75 0.11 0.11 + 0.13 0.13 0.07 0.07 0.04 0.04 + 0.00 0.05 0.26 0.40 + 0.31 0.50 + 0.26 0.35 + 0.33 0.43 1.11 1.39 + 0.26 0.30 + 0.32 0.38 + 0.00 0.07 0.09 0.10 1.85 2.03 + 1.51 1.60 + 0.43 0.44 0.54 0.56 0.09 0.09 0.08 0.08 unch 0.07 0.07 + 0.08 0.09 + 0.11 0.15 + 0.27 0.27 + 0.21 0.22 + 1.84 1.88 2.29 2.34 0.06 0.07 + 0.04 0.05 + 4.31 4.59 + 3.57 3.67 + 0.36 0.41 + 0.12 0.15 + 0.07 0.07 unch 331.49 332.06 0.16 0.16 + 0.00 2.25 unch 0.09 0.15 + 0.07 0.12 + 0.49 0.49 0.61 0.62 0.18 0.18 unch 0.05 0.06 0.01 0.01 unch 6.45 6.57 5.13 5.24 0.20 0.22 + 0.26 0.26 0.20 0.23 unch 0.06 0.07 + 0.05 0.05 + 0.00 0.05 + 0.16 0.18 + 0.00 0.60 unch 1.09 1.14 + 1.36 1.43 + 0.07 0.08 + 0.81 0.82 1.76 1.76 0.33 0.34 0.42 0.43 -

0.02 0.02 0.01 0.00 0.08 0.00 0.08 0.06 0.00 0.01 0.01 0.01 0.01 0.14 0.17 0.00 0.02 0.17 0.03 0.05 0.01 0.01 0.07 0.05 0.02 0.04 0.01 0.00 0.00 0.01 0.03 0.01 0.00 0.02 0.04 0.01 0.00 0.14 0.10 0.04 0.03 0.00 11.77 0.01 0.00 0.03 0.00 0.04 0.06 0.00 0.01 0.00 0.17 0.22 0.01 0.01 0.00 0.01 0.00 0.00 0.02 0.00 0.01 0.03 0.01 0.01 0.09 0.07 0.07

0.70 0.54 0.15 0.10 31.21 1.66 1.89 1.46 0.18 0.48 0.11 0.06 0.08 0.52 0.82 1.27 1.65 1.75 0.50 0.54 0.25 0.15 2.73 2.13 0.85 1.11 0.12 0.09 0.07 0.10 0.18 0.56 0.42 2.74 3.35 0.11 0.08 5.01 4.01 0.63 0.23 0.18 353.56 0.25 3.00 0.25 0.12 0.94 1.19 0.23 0.09 0.10 7.78 6.10 0.44 0.57 0.55 0.12 0.09 1.00 0.18 0.90 1.60 2.02 0.18 2.00 2.57 0.59 0.75

0.07 0.04 0.05 0.04 9.62 0.20 0.46 0.23 0.10 0.13 0.03 0.02 0.04 0.17 0.13 0.26 0.27 0.22 0.19 0.25 0.00 0.02 0.57 0.40 0.04 0.06 0.04 0.02 0.02 0.04 0.08 0.05 0.03 0.56 0.80 0.03 0.02 1.00 0.03 0.19 0.05 0.05 135.08 0.04 0.51 0.02 0.01 0.08 0.12 0.10 0.02 0.00 3.97 2.72 0.12 0.17 0.06 0.05 0.02 0.03 0.05 0.39 0.55 0.79 0.03 0.14 1.28 0.03 0.05

L 0.31 0.38 0.26 30.87 38.25 0.25 0.68 0.43 0.02 1.38 17.51 0.16 0.00 0.14 0.00 0.20 0.14 0.05 0.07 0.32 0.25 4.12 0.27 0.00 0.45 0.00 0.42 0.43 1.25 0.00 0.55 0.03 0.11 1.23 0.99 0.11 19.31 15.44 0.51 0.40 0.43 0.14 0.19 0.00 0.00 0.07 0.00 0.00 0.00 0.17 0.14 0.51 0.64 0.87 0.00 6.50 0.18 0.73 0.06 0.07 0.27 0.00 0.64 0.81 0.76 9.33 11.25 14.05 0.04 0.00 0.01 4.74 4.71

0.38 0.47 0.28 31.47 39.14 0.25 0.74 0.51 0.02 1.54 17.79 0.16 0.19 0.15 0.12 0.20 0.16 0.05 0.08 0.36 0.27 4.69 0.27 0.13 0.45 0.00 0.46 0.63 1.27 0.76 0.55 0.04 0.12 1.36 1.08 0.11 20.04 15.97 0.58 0.44 0.53 0.16 0.20 0.06 0.07 0.08 0.09 0.24 0.26 0.20 0.16 0.58 0.73 0.96 5.11 7.20 0.18 0.74 0.07 0.08 0.27 0.34 0.67 0.82 0.79 9.89 11.25 14.10 0.04 0.06 0.02 4.83 4.85

WWW.NORTHERNMINER.COM

MARCH 29—APRIL 11, 2021 / THE NORTHERN MINER

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

Exc Volume

Week Low

0.05 0.05 0.05 0.06 0.00 0.00 + 0.20 0.21 + 0.16 0.18 + 0.10 0.11 + 0.08 0.10 + 0.36 0.42 + 0.26 0.33 + 0.08 0.08 + 0.09 0.10 unch 0.64 0.65 unch 0.52 0.52 0.00 5.00 unch 0.29 0.31 + 0.36 0.39 + 0.08 0.11 + 0.00 0.10 + 0.04 0.04 + 0.05 0.06 + 0.10 0.10 unch 0.08 0.09 + 11.18 11.57 0.63 0.72 + 0.51 0.58 + 0.03 0.03 unch 0.38 0.39 0.12 0.12 0.00 3.00 unch 2.39 2.39 unch 0.11 0.15 + 0.14 0.18 + 0.17 0.19 unch 0.36 0.37 + 0.10 0.11 + 0.07 0.07 + 0.05 0.05 0.25 0.25 0.14 0.14 unch 0.83 0.90 + 0.48 0.51 0.23 0.24 0.28 0.30 2.10 2.21 2.73 2.76 + 0.07 0.08 + 0.09 0.10 unch 0.09 0.09 + 0.45 0.51 + 0.35 0.41 + 0.48 0.48 + 0.00 0.38 0.46 0.48 + 0.57 0.60 + 0.09 0.10 0.11 0.13 0.22 0.25 + 0.17 0.20 + 30.00 33.00 + 0.00 0.00 0.02 0.03 + 0.03 0.04 + 0.04 0.04 0.00 0.06 0.00 0.00 + 0.00 0.30 + 0.07 0.07 unch 0.55 0.60 0.12 0.19 + 0.33 0.39 + 0.08 0.09 + 0.10 0.11 0.45 0.58 + 0.38 0.44 0.09 0.13 + 0.07 0.10 + 0.67 0.76 + 0.85 0.99 + 0.35 0.37 + 0.28 0.30 + 0.12 0.12 unch 0.21 0.21 0.00 0.29 + 0.71 0.77 + 0.00 0.03 + 0.02 0.02 unch 0.55 0.60 + 0.72 0.74 0.12 0.13 unch 0.00 0.10 unch 0.16 0.16 + 0.19 0.21 + 32.32 33.31 + 0.00 0.10 unch 0.18 0.19 0.14 0.16 + 0.54 0.54 0.66 0.69 0.66 0.77 + 0.19 0.21 + 0.17 0.17 + 0.08 0.10 + 0.22 0.22 0.00 0.09 unch 0.07 0.07 -

Medgold Res* Medgold Res Medinah Mnrls* Mega Uranium Mega Uranium* Megastar Dev Megastar Dev* MegaWatt Lith MegaWatt Lith* MegumaGold* MegumaGold Melkior Res Melkior Res* Merger Mines* Meridian Mg * Meridian Mg Meryllion Res Meryllion Res* MetalCorp* MetalCorp Metalex Vent Metalex Vent * Metalla Rylty Metallic Mnrls Metallic Mnrls* Metallica Min* Metallis Res Metalo Manuf Metalore Res Metalore Res* Metals Creek* Metals Creek Metals X* Metron Capital Mexican Gold* MGX Minerals MGX Minerals* Mich Resources Midasco Cap Midland Expl Midnight Star Midnight Sun* Midnight Sun Millennial Lit* Millennial Lit Millrock Res* Millrock Res Milner Con Slv Minaurum Gold Minaurum Gold* Minco Silver Minco Silver* Minera Alamos * Minera Alamos Minera IRL* Minera IRL Mineral Mtn Mineral Mtn* Mineral Res* MineralRite* Mineworx Tech* Mineworx Tech Minfocus Expl* Minfocus Expl Mining Global* Minnova Corp Minsud Res Mirasol Res Mistango River Mkango Res ML Gold* ML Gold Corp Mojave Gold Mojave Gold* Monarca Mnrls Monarca Mnrls* Monarch Min* Monarch Mining Moneta Porcpn Moneta Porcpn* Mongoose Mg Monitor Vent Monitor Vent* Montage Gold 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*

O 145 V 1323 O 8328 T 5046 O 1312 V 62 O 55 C 985 O 199 O 55 C 391 V 111 O 81 O 0 O 155 V 2345 C 255 O 7 O 32 V 97 V 294 O 15 V 186 V 1121 O 683 O 165 V 369 C 10 V 0 O 1 O 327 V 1968 O 1276 V 547 O 271 C 926 O 348 C 15 V 230 V 190 C 790 O 51 V 87 O 156 V 172 O 1007 V 704 V 284 V 371 O 665 T 152 O 11 O 865 V 1438 O 198 C 460 V 1244 O 637 O 4 O 164208 O 889 V 9971 O 20 V 83 O 1117752 V 359 V 25 V 501 C 1628 V 582 O 61 V 120 C 941 O 686 V 1859 O 1471 O 187 T 474 T 1348 O 1662 C 28 V 10 O 40 V 262 C 97 C 2218 O 262 V 318 V 560 O 23 O 324 V 417 N 30976 C 25 V 787 O 259 O 18 T 714 C 1141 V 176 O 443 V 138 O 131 C 196 O 7

0.05 0.06 0.00 0.23 0.19 0.11 0.10 0.45 0.36 0.08 0.11 0.69 0.55 0.00 0.32 0.39 0.15 0.10 0.04 0.06 0.11 0.09 12.78 0.72 0.58 0.04 0.41 0.25 0.00 2.39 0.15 0.18 0.20 0.40 0.11 0.08 0.06 0.30 0.14 0.91 0.57 0.25 0.31 2.40 3.13 0.08 0.11 0.09 0.51 0.41 0.49 0.39 0.52 0.65 0.10 0.13 0.25 0.20 33.00 0.00 0.03 0.04 0.07 0.06 0.00 0.33 0.07 0.62 0.19 0.42 0.09 0.11 0.59 0.44 0.13 0.10 0.79 0.99 0.38 0.31 0.12 0.21 0.29 0.80 0.03 0.03 0.64 0.80 0.13 0.10 0.17 0.24 35.20 0.10 0.21 0.16 0.59 0.72 0.79 0.21 0.17 0.10 0.30 0.09 0.08

NA Frac Sand* NACCO Ind* Namibia Crit Namibia Crit* Napier Vent* Natural Res Pt* Nautilus Mnrls* Navis Res Corp* Neo Lithium Neometals* Network Expl Network Expl* Nevada Canyon* Nevada Copper Nevada Expl * Nevada Expl Nevada Sunrise* Nevada Sunrise Nevada Zinc Nevado Res New Age Metals New Age Metals* New Carolin Gd* New Carolin Gd New Destiny Mg New Destiny Mg* New 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 Tech Min* New Tech Min New World Res* Newcore Gold Newcore Gold* Newcrest Mg Newcrest Mg* Newlox Gold Newmac Res Newmac Res* Newmont Corp* Newmont Corp Newport Expl Newport Gold* NewRange Gold* NewRange Gold Nexa Resources Nexa Resources* Nexco Res Nexgen Energy Nexgen Energy* NextSource Mat Nexus Gold Nexus Gold* NGEx Minerals* NGEx Minerals Nickel 28 Nickel 28* Nickel Creek

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

0.01 22.24 0.32 0.28 0.04 19.50 0.02 3.50 3.10 0.33 1.58 1.34 0.94 0.19 0.16 0.20 0.11 0.13 0.12 0.15 0.18 0.15 0.05 0.06 0.09 0.07 0.10 0.12 4.94 2.36 1.91 0.00 0.38 2.02 6.23 0.17 0.22 0.30 0.05 0.07 4.07 0.64 0.51 24.00 19.23 0.30 0.14 0.00 63.63 79.07 0.52 0.01 0.12 0.16 13.94 11.27 0.30 5.24 4.22 0.41 0.07 0.06 0.51 0.63 0.74 0.59 0.13

Last

12-month

High

Change

Stock

0.00 0.01 0.00 0.02 0.02 0.01 0.02 0.06 0.04 0.00 0.00 0.00 0.06 0.00 0.01 0.01 0.03 0.10 0.00 0.01 0.00 0.01 0.93 0.04 0.03 0.00 0.03 0.07 0.00 0.00 0.04 0.05 0.00 0.01 0.01 0.01 0.00 0.05 0.00 0.01 0.03 0.01 0.01 0.04 0.05 0.00 0.00 0.01 0.08 0.06 0.01 0.00 0.03 0.04 0.00 0.02 0.03 0.02 1.00 0.00 0.00 0.01 0.02 0.01 0.00 0.02 0.00 0.01 0.07 0.06 0.00 0.01 0.01 0.01 0.03 0.01 0.04 0.09 0.01 0.00 0.00 0.03 0.01 0.03 0.01 0.00 0.01 0.03 0.00 0.00 0.01 0.01 0.11 0.00 0.01 0.01 0.04 0.02 0.02 0.01 0.00 0.01 0.07 0.00 0.00

0.08 0.11 0.00 0.25 0.21 0.20 0.14 1.17 0.90 0.16 0.21 1.25 1.00 15.00 0.31 0.40 0.20 0.10 0.08 0.11 0.13 0.10 16.87 1.30 0.94 0.04 0.64 0.30 3.65 2.39 0.15 0.18 0.27 0.59 0.15 0.15 0.11 0.40 0.15 1.13 0.71 0.31 0.37 4.16 5.25 0.23 0.32 0.20 0.85 0.67 0.83 0.60 0.62 0.78 0.18 0.25 0.46 0.32 33.00 0.00 0.08 0.10 5.00 0.10 0.00 0.60 0.10 0.65 0.41 0.45 0.13 0.18 0.67 0.52 0.30 0.20 0.90 1.31 0.48 0.38 0.22 0.45 0.37 1.27 0.06 0.10 0.75 0.95 0.15 0.12 0.32 0.46 35.20 0.15 0.69 0.52 0.64 0.82 1.35 0.28 0.21 0.11 0.60 0.26 0.18

0.02 0.04 0.00 0.05 0.03 0.05 0.05 0.09 0.17 0.07 0.09 0.06 0.06 5.00 0.05 0.06 0.05 0.00 0.00 0.01 0.02 0.02 5.09 0.12 0.07 0.01 0.11 0.07 1.00 0.81 0.02 0.03 0.03 0.15 0.02 0.05 0.02 0.15 0.07 0.46 0.10 0.04 0.07 0.46 0.68 0.07 0.09 0.04 0.24 0.16 0.20 0.14 0.13 0.19 0.07 0.09 0.19 0.13 11.75 0.00 0.02 0.03 0.01 0.03 0.00 0.05 0.05 0.29 0.04 0.05 0.06 0.08 0.03 0.02 0.02 0.01 0.62 0.59 0.06 0.04 0.05 0.12 0.08 0.66 0.01 0.02 0.03 0.02 0.04 0.00 0.06 0.08 6.50 0.05 0.14 0.09 0.17 0.25 0.21 0.09 0.06 0.05 0.22 0.05 0.04

0.00 0.56 0.01 0.01 0.02 1.03 0.01 0.22 0.22 0.08 0.13 0.11 0.07 0.01 0.01 0.01 0.00 0.00 0.01 0.00 0.01 0.02 0.00 0.01 0.00 0.00 0.01 0.01 0.69 0.08 0.05 0.00 0.01 0.01 0.71 0.01 0.01 0.00 0.00 0.02 0.47 0.03 0.03 0.25 0.11 0.02 0.05 0.00 2.94 4.70 0.01 0.00 0.02 0.02 1.12 0.63 0.03 0.20 0.13 0.02 0.01 0.00 0.01 0.01 0.02 0.05 0.02

0.03 35.70 0.37 0.32 0.12 19.52 0.04 5.00 3.88 0.61 2.05 1.62 4.00 0.25 0.19 0.25 0.25 0.31 0.16 0.18 0.24 0.19 0.09 0.11 0.11 0.07 0.20 0.12 4.94 3.05 2.40 0.13 0.60 3.59 9.02 0.80 0.95 0.62 0.10 0.15 4.07 0.92 0.70 31.25 26.42 0.40 0.16 0.10 72.22 96.45 0.60 0.02 0.31 0.43 14.92 12.58 0.40 5.41 4.27 0.53 0.14 0.12 0.58 0.75 0.85 0.68 0.33

0.00 17.95 0.11 0.08 0.00 8.75 0.00 0.92 0.38 0.05 0.08 0.06 0.11 0.06 0.08 0.12 0.01 0.02 0.03 0.07 0.05 0.03 0.02 0.03 0.02 0.00 0.00 0.03 1.24 0.70 0.49 0.00 0.13 0.55 3.58 0.05 0.16 0.03 0.02 0.03 0.36 0.14 0.09 22.40 11.59 0.03 0.03 0.05 37.13 53.76 0.25 0.00 0.05 0.07 3.94 2.57 0.06 0.76 0.50 0.02 0.03 0.01 0.16 0.24 0.13 0.09 0.03

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* 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 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* NRG Metals* 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* Nubian Res Nuinsco Res* Nuinsco Res NuLegacy Gold* NuLegacy Gold Nutrien* Nutrien NV Gold* NV Gold O.T. Mining* O2Gold O3 Mining Oakley Vent 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 Outcrop Gold* Outcrop Gold OZ Minerals*

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 Empir* Pacific Silk Pacton Gold Paladin Energy* Palamina Corp Palamina Corp* Palayan Res* Paleo Resource Paleo Resource* Palladium One Palladium One* Pampa Metals Pan Am Silver Pan Am Silver*

N-O 11538 133 87 250 5 134 1231 19 1605 81 598 171 1 4701 180 136 375 378 67 21 4895 5289 66 614 10 10 7 647 2448 11230 38724 178 322 103 1113 410 524 5 4 744 206 561 35 5 4 1495 24 0 66188 869 178 807 224 1750 4 764 50 30096 14980 10573 1688 278 36 135 617 195 944

0.01 20.05 0.26 0.21 0.04 18.09 0.01 2.30 2.70 0.25 1.27 1.06 0.36 0.18 0.14 0.18 0.08 0.11 0.11 0.14 0.15 0.12 0.04 0.05 0.09 0.07 0.09 0.11 3.82 2.16 1.73 0.00 0.33 1.82 5.29 0.16 0.19 0.30 0.05 0.06 3.23 0.57 0.00 23.18 0.00 0.25 0.09 0.00 59.38 74.09 0.50 0.01 0.10 0.13 12.70 10.11 0.30 4.56 3.66 0.31 0.06 0.05 0.48 0.59 0.67 0.54 0.11

0.01 21.05 0.29 0.23 0.04 19.00 0.01 2.35 2.98 0.25 1.40 1.14 0.43 0.18 0.14 0.18 0.09 0.12 0.11 0.14 0.16 0.13 0.05 0.05 0.09 0.07 0.10 0.12 4.68 2.24 1.78 0.00 0.36 1.99 6.03 0.17 0.22 0.30 0.05 0.06 3.69 0.61 0.50 23.75 18.94 0.26 0.10 0.05 61.93 78.11 0.52 0.01 0.12 0.15 12.70 10.12 0.30 4.71 3.77 0.36 0.07 0.05 0.51 0.60 0.68 0.54 0.13

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

(100s)

High Low

Exc Volume

(100s) Stock

Week

12-month

High

Low

Last

Change

O 508 V 220 V 4236 O 3617 O 563 V 968 O 20 T 244 V 88 V 103 T 1742 O 3420 V 562 O 11 O 48 V 761 O 112 V 1851 V 444 O 64 O 144 O 571 O 84 V 528 V 1469 V 1212 V 116 O 166 C 441 O 156 V 2071 V 361 O 227 O 7 V 189 O 242681 V 193 O 235 T 660 C 375 V 9213 V 180 O 70 C 228 O 48 O 23 V 1298 V 57 T 625 O 275 V 6342 O 3269 T 1256 X 8231 T 4740 O 92 O 18 O 154 V 231 O 202 V 10 O 68 V 1243 V 335 O 506 O 583 V 1479 V 14 C 19 C 231 T 3048 X 62176 V 961 O 603 C 12067 O 1520 V 1711 N 9898 T 11218 O 185 V 162 O 64 V 214 V 200 C 60 O 8 T 10462 V 304 O 8 V 959 O 138 V 10 O 35 V 34 V 937 V 103 O 183 C 1524 O 1531 O 7 V 564 V 482 O 260 O 3 V 23 V 37 O 25 V 1616 O 657 V 547 O 720 O 349 T 507 V 1733 V 626 O 189 V 234 V 494 O 180 V 478 O 1 V 62 C 120 O 1 T 3136 O 367 V 374 T 530 T 139 V 2 O 1 T 202 O 66 O 136 V 193 O 38 N 4871 T 1633 O 4 V 348 T 6510 V 556 O 56 C 512 O 505 V 841 O 2

0.10 0.05 0.35 0.30 0.10 0.12 0.86 1.08 1.06 0.15 1.60 1.29 0.04 0.04 0.02 0.03 0.11 0.14 0.65 0.52 0.10 33.01 0.22 0.28 0.11 0.10 0.64 0.64 0.80 0.05 0.05 0.36 0.28 0.10 0.14 0.00 0.98 0.83 0.06 0.07 0.04 0.32 0.25 0.27 0.21 0.39 0.89 0.15 0.08 0.06 2.14 1.70 12.03 9.67 3.44 0.04 0.12 0.87 0.48 0.39 0.35 0.10 0.08 1.49 1.23 0.33 0.41 0.27 0.37 0.28 0.98 0.79 0.50 0.02 0.03 0.12 0.15 59.77 74.34 0.26 0.32 0.14 0.25 2.55 0.75 1.54 2.11 0.26 0.19 0.58 0.47 0.06 0.07 0.07 0.20 0.26 0.22 0.14 0.11 0.35 0.43 0.22 0.18 0.30 0.39 0.15 0.07 0.09 0.02 0.59 0.48 0.10 0.12 0.10 0.12 0.14 0.17 0.99 0.80 0.15 0.20 0.32 0.22 0.25 5.21 1.68 1.99 4.99 0.38 0.25 0.24 0.25 0.21 0.99 1.24 6.49 11.65 14.47 0.39 0.45 3.18 0.06 0.05 0.61 0.29 0.42 18.11

0.09 0.05 0.21 0.17 0.08 0.11 0.82 1.03 1.00 0.13 1.31 1.06 0.04 0.00 0.01 0.02 0.10 0.13 0.55 0.45 0.07 30.07 0.21 0.26 0.10 0.10 0.56 0.49 0.59 0.03 0.03 0.32 0.25 0.00 0.13 0.00 0.75 0.57 0.05 0.07 0.02 0.28 0.22 0.24 0.20 0.37 0.69 0.14 0.08 0.06 1.84 1.47 10.81 8.66 3.08 0.00 0.09 0.70 0.41 0.29 0.00 0.07 0.08 1.30 1.04 0.28 0.36 0.23 0.30 0.21 0.88 0.70 0.42 0.01 0.02 0.10 0.13 56.25 70.53 0.22 0.28 0.06 0.22 2.45 0.56 1.47 1.90 0.00 0.19 0.51 0.41 0.06 0.05 0.00 0.18 0.00 0.18 0.12 0.09 0.30 0.28 0.17 0.13 0.28 0.36 0.15 0.00 0.07 0.00 0.53 0.42 0.09 0.11 0.08 0.10 0.12 0.16 0.95 0.76 0.13 0.20 0.00 0.18 0.00 4.65 1.51 1.90 4.34 0.34 0.00 0.20 0.24 0.19 0.88 1.10 5.94 11.15 13.90 0.00 0.43 2.96 0.06 0.04 0.48 0.25 0.38 0.00

0.10 + 0.05 unch 0.22 0.18 0.08 0.11 0.85 + 1.07 + 1.00 0.14 + 1.50 + 1.19 + 0.04 unch 0.03 + 0.02 + 0.02 unch 0.10 0.14 0.63 + 0.51 + 0.07 + 30.54 0.21 + 0.27 0.11 + 0.10 + 0.56 0.52 0.63 0.03 + 0.04 + 0.34 0.27 0.10 unch 0.13 0.00 0.87 + 0.67 0.06 unch 0.07 unch 0.03 + 0.28 0.24 0.25 + 0.21 + 0.39 unch 0.82 0.14 unch 0.08 0.06 2.10 + 1.70 + 11.95 + 9.67 + 3.32 + 0.00 + 0.10 0.79 + 0.48 + 0.38 + 0.35 0.10 + 0.08 unch 1.38 unch 1.13 + 0.32 + 0.40 + 0.23 0.30 0.25 0.89 0.73 0.43 0.02 0.03 unch 0.11 0.14 56.99 71.37 0.23 + 0.30 + 0.11 0.22 2.48 + 0.71 + 1.54 + 2.10 + 0.25 + 0.19 0.55 + 0.46 + 0.06 unch 0.06 + 0.07 + 0.19 unch 0.25 + 0.21 + 0.14 + 0.11 + 0.33 + 0.38 + 0.17 0.13 0.28 0.39 0.15 0.06 0.07 unch 0.00 unch 0.58 + 0.47 + 0.09 + 0.12 + 0.10 + 0.11 0.13 + 0.17 + 0.99 + 0.79 + 0.14 0.20 + 0.27 + 0.20 + 0.25 unch 4.89 + 1.56 unch 1.93 4.66 + 0.34 0.25 unch 0.20 0.24 0.20 0.96 + 1.20 + 5.96 11.53 + 14.43 + 0.36 + 0.43 3.13 + 0.06 unch 0.05 + 0.50 0.26 unch 0.39 17.96 +

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

0.44 0.61 0.10 0.16 1.85 2.36 0.06 0.14 0.11 0.00 0.06 0.05 0.05 0.94 0.38 0.22 0.15 0.37 0.03 0.03 0.35 0.28 0.54 43.33 34.93

High Low

0.01 0.00 0.13 0.09 0.01 0.01 0.00 0.01 0.02 0.01 0.16 0.12 0.00 0.01 0.00 0.00 0.00 0.01 0.03 0.03 0.00 1.83 0.01 0.01 0.01 0.01 0.07 0.12 0.16 0.01 0.01 0.01 0.01 0.00 0.01 0.00 0.02 0.01 0.00 0.00 0.01 0.02 0.01 0.01 0.01 0.00 0.07 0.00 0.01 0.00 0.10 0.09 1.22 1.06 0.24 0.00 0.02 0.06 0.07 0.05 0.04 0.03 0.00 0.00 0.02 0.02 0.04 0.11 0.06 0.01 0.03 0.01 0.07 0.00 0.00 0.01 0.01 1.44 1.55 0.00 0.03 0.01 0.04 0.04 0.10 0.05 0.22 0.03 0.00 0.03 0.04 0.00 0.01 0.01 0.00 0.01 0.03 0.02 0.01 0.10 0.11 0.04 0.03 0.02 0.02 0.01 0.00 0.00 0.00 0.02 0.02 0.00 0.01 0.01 0.02 0.00 0.01 0.02 0.02 0.02 0.02 0.02 0.01 0.00 0.19 0.00 0.03 0.08 0.01 0.00 0.04 0.01 0.00 0.10 0.13 0.10 0.24 0.37 0.01 0.01 0.07 0.00 0.01 0.14 0.00 0.03 1.06

0.24 0.10 1.18 0.93 0.14 0.21 2.20 2.90 1.19 0.28 2.08 1.65 0.09 0.06 0.02 0.03 0.17 0.21 1.25 0.99 0.15 38.21 0.27 0.32 0.21 0.17 0.76 2.21 2.79 0.12 0.05 0.39 0.33 0.10 0.15 0.00 1.38 3.00 0.10 0.11 0.04 0.42 0.30 0.55 0.38 0.78 1.06 0.23 0.12 0.09 2.74 2.19 18.00 12.85 4.16 0.04 0.13 0.92 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 0.69 0.05 0.05 0.19 0.24 59.77 74.34 0.38 0.48 0.17 0.37 3.68 0.75 2.86 4.01 0.26 0.20 0.70 0.54 0.07 0.09 0.11 0.30 0.75 0.55 0.16 0.13 0.35 0.43 0.31 0.24 0.35 0.53 0.19 0.08 0.12 0.16 0.93 0.75 0.19 0.25 0.26 0.28 0.24 0.31 1.27 1.03 0.24 0.28 0.35 0.28 0.25 7.51 1.78 2.24 5.73 0.70 0.45 0.33 0.39 0.29 1.50 1.65 10.79 13.53 17.50 0.42 0.52 4.85 0.11 0.08 1.55 0.66 0.88 18.11

0.02 0.01 0.04 0.02 0.04 0.04 0.78 1.00 0.20 0.11 0.58 0.40 0.02 0.01 0.00 0.01 0.03 0.03 0.09 0.06 0.00 18.62 0.08 0.12 0.02 0.03 0.04 0.20 0.25 0.00 0.01 0.07 0.05 0.02 0.03 0.00 0.30 0.16 0.02 0.02 0.01 0.03 0.02 0.23 0.18 0.20 0.29 0.04 0.03 0.02 0.13 0.09 9.19 6.35 1.51 0.00 0.02 0.15 0.11 0.08 0.11 0.02 0.05 0.19 0.14 0.11 0.17 0.10 0.30 0.03 0.39 0.31 0.07 0.00 0.01 0.02 0.03 23.85 34.80 0.05 0.07 0.02 0.06 1.15 0.12 0.00 1.16 0.07 0.08 0.04 0.03 0.02 0.02 0.03 0.15 0.13 0.09 0.04 0.02 0.03 0.05 0.14 0.11 0.28 0.16 0.01 0.04 0.03 0.00 0.20 0.15 0.06 0.09 0.04 0.03 0.03 0.04 0.22 0.14 0.02 0.03 0.04 0.12 0.05 1.54 0.07 0.20 1.60 0.03 0.11 0.09 0.14 0.09 0.27 0.43 0.33 5.86 8.50 0.17 0.24 1.67 0.04 0.03 0.11 0.07 0.12 3.48

0.00 0.03 0.00 0.01 0.08 0.19 0.01 0.01 0.00 0.00 0.01 0.00 0.01 0.03 0.05 0.02 0.00 0.06 0.00 0.00 0.05 0.04 0.03 1.91 1.25

0.59 0.90 0.10 0.19 2.07 2.60 0.08 0.15 0.12 0.01 0.21 0.16 0.06 1.81 0.40 0.34 0.26 1.82 0.03 0.03 0.40 0.49 0.72 53.30 40.11

0.10 0.08 0.04 0.05 0.84 1.12 0.01 0.03 0.02 0.00 0.04 0.04 0.01 0.50 0.03 0.09 0.06 0.20 0.01 0.00 0.05 0.03 0.37 15.93 11.02

P-Q 5 139 2 65 5 25 328 494 57 250 230 126 18 366 21644 143 100 391 371 624 5541 1362 167 2633 12914

0.44 0.44 0.56 0.57 0.10 0.10 0.00 0.16 0.00 1.77 2.10 2.11 0.05 0.05 0.11 0.13 0.08 0.10 0.00 0.00 0.06 0.06 0.05 0.05 0.04 0.04 0.84 0.87 0.31 0.32 0.17 0.21 0.13 0.15 0.27 0.29 0.03 0.03 0.02 0.02 0.28 0.33 0.22 0.28 0.50 0.51 40.34 41.90 32.34 33.32

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

Exc Volume

Week Low

50 904 68 418 1775 498 115 572 71 819 479 0 2413 103 746 361 9608 50 210 299 198 151 16645 407 166 175 208 603 281 5 150 510 222 583 258 14 233 54660 2 12 449 8 2163 50 724 73 2 45 62 1006 1275 3942 13 374 3154 1310 384 157 2694 34 1 1497 783 80 101 747 311 500 244 85 2566 8760 1397 81 13 89 4323 60 32 250 201 297 1 705 3 9 319 170 10 39 397 11 491 72 11138 6 670 124 321 426 788 3762 5810 3 192 783 185 19 70 343 5 689 559 7229 175 43 430 93 3 0 603 2117 592 160

0.15 0.20 0.49 0.61 0.20 0.16 0.01 0.03 0.18 0.23 0.18 0.00 0.79 0.38 1.15 0.03 0.55 0.04 0.10 0.12 0.20 0.16 4.34 0.07 0.05 0.14 0.17 0.10 0.08 0.31 9.89 8.06 1.21 0.05 0.05 0.09 0.11 0.02 0.10 0.07 0.09 0.61 0.55 0.24 0.31 0.32 100.00 0.20 0.06 0.65 0.80 0.06 0.00 5.45 4.39 0.03 0.16 0.13 4.16 5.15 0.00 0.13 0.11 0.06 0.09 0.25 0.31 0.00 0.17 0.19 3.00 11.20 14.04 0.16 0.12 2.50 3.24 0.06 0.35 0.08 1.24 1.53 0.33 0.46 0.35 6.49 0.13 1.58 0.56 0.13 0.10 0.06 0.31 0.24 0.04 0.17 0.22 0.02 1.39 1.71 1.63 2.05 0.12 0.18 0.26 0.24 0.20 0.20 0.25 0.18 0.11 0.30 0.37 0.30 0.24 0.08 0.11 0.60 0.19 0.00 0.16 0.12 0.03 0.69

0.14 0.15 0.15 0.19 0.42 0.42 0.53 0.53 0.17 0.20 + 0.14 0.15 + 0.00 0.01 unch 0.03 0.03 + 0.00 0.15 + 0.17 0.19 + 0.14 0.14 0.00 0.06 unch 0.66 0.75 + 0.36 0.36 1.08 1.08 0.01 0.02 + 0.37 0.50 0.04 0.04 unch 0.08 0.09 0.11 0.11 0.17 0.17 0.13 0.16 + 3.31 3.56 0.06 0.07 + 0.04 0.04 0.12 0.13 0.16 0.17 0.08 0.09 unch 0.06 0.08 + 0.27 0.27 8.88 8.97 7.11 7.24 1.13 1.21 + 0.05 0.05 0.03 0.04 0.08 0.08 0.10 0.10 0.01 0.02 0.10 0.10 0.06 0.07 + 0.06 0.06 unch 0.00 0.45 0.40 0.50 + 0.00 0.24 + 0.28 0.29 unch 0.24 0.24 0.00 98.75 + 0.17 0.20 + 0.00 0.05 0.53 0.57 0.68 0.72 0.05 0.05 unch 0.00 0.05 unch 4.87 5.10 3.87 4.05 0.03 0.03 unch 0.14 0.14 unch 0.12 0.12 3.51 3.57 4.40 4.46 0.00 0.00 unch 0.10 0.13 + 0.08 0.10 + 0.06 0.06 0.00 0.09 unch 0.23 0.23 0.29 0.29 0.00 0.00 unch 0.14 0.14 + 0.18 0.19 + 2.81 2.92 10.41 11.09 + 13.01 13.88 + 0.12 0.12 0.12 0.12 1.77 2.45 + 2.17 3.22 + 0.06 0.06 unch 0.35 0.35 unch 0.08 0.08 unch 1.11 1.13 + 1.37 1.41 0.33 0.33 unch 0.39 0.42 0.35 0.35 unch 4.63 6.00 + 0.09 0.10 unch 1.34 1.57 + 0.00 0.53 0.11 0.12 0.09 0.09 unch 0.06 0.06 0.27 0.31 + 0.21 0.24 + 0.03 0.03 0.16 0.17 + 0.19 0.22 + 0.02 0.02 unch 0.96 1.28 + 1.20 1.55 + 1.42 1.47 1.75 1.80 0.09 0.12 + 0.18 0.18 0.00 0.26 unch 0.21 0.22 unch 0.17 0.18 + 0.18 0.19 + 0.23 0.24 + 0.15 0.16 + 0.11 0.11 unch 0.26 0.28 0.33 0.36 + 0.28 0.29 + 0.22 0.23 + 0.07 0.08 0.09 0.10 0.48 0.59 unch 0.00 0.19 + 0.00 0.10 unch 0.11 0.14 0.09 0.10 0.02 0.02 0.59 0.66 +

O 8 V 18 V 973 V 560 O 80 C 40 C 404 O 54 V 9 O 2 O 0 O 891 V 55 C 344 O 196 V 502 V 926 O 51 V 410 V 18 O 332 C 1574 V 2390 V 592 O 357 V 424 O 310 O 487 V 496 V 112 O 0 V 87 V 173 O 45 V 204 V 139 O 130094 V 401 O 1 N 15859 O 12 O 1 V 525 O 769 O 20 C 51 V 323 O 209 O 81 V 615 V 720 O 44 V 15 O 77 V 696

0.21 0.30 0.35 0.27 0.11 0.10 0.33 2.67 0.17 0.14 0.00 2.99 0.05 0.32 0.01 0.61 0.82 2.40 1.24 0.23 0.08 0.08 0.12 0.08 0.07 0.79 0.66 0.87 1.08 0.85 0.00 0.05 0.45 0.11 0.14 0.27 0.00 0.08 0.07 79.80 78.36 86.10 0.82 0.67 0.55 0.68 0.23 0.18 0.23 0.28 0.48 0.11 0.11 4.49 5.32

Pan Andean Min* O Pan Andean Min V Pan Global Res* O Pan Global Res V Pancontinental V Pancontinental* O Panex Res* O Pangolin Dia V Panoro Mnrls* O Panoro Mnrls V 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 Petra Diamonds* O 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 Platinex Inc* O Platinum Gp Mt T Platinum Gp Mt* X 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* O Precipitate Gl V Premier Gold M T 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 Prospero Silvr 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 V QcX Gold* O QMC Quantum Ml* O QMC Quantum Ml V QMX Gold V QMX Gold* O Quadro Res* O Quadro Res V Quantum Cobalt C Quartz Mtn Res V Quartz Mtn Res* O Quaterra Res V Quaterra Res* O Quest Rare Mnl* O Questex Gold V

Last

12-month

High

Change

Stock

0.01 0.02 0.04 0.05 0.03 0.02 0.00 0.01 0.00 0.01 0.01 0.00 0.07 0.02 0.02 0.02 0.06 0.00 0.01 0.01 0.02 0.01 0.21 0.01 0.01 0.00 0.01 0.00 0.00 0.02 0.81 0.57 0.08 0.01 0.02 0.01 0.01 0.00 0.01 0.01 0.00 0.15 0.14 0.00 0.00 0.04 3.45 0.03 0.01 0.07 0.08 0.00 0.00 0.10 0.11 0.00 0.00 0.00 0.41 0.49 0.00 0.03 0.01 0.00 0.00 0.01 0.01 0.00 0.00 0.01 0.03 0.53 0.74 0.04 0.00 0.61 0.94 0.00 0.00 0.00 0.01 0.03 0.00 0.02 0.00 0.25 0.00 0.19 0.06 0.01 0.00 0.02 0.04 0.03 0.00 0.01 0.03 0.00 0.28 0.30 0.16 0.24 0.02 0.02 0.00 0.00 0.00 0.00 0.01 0.03 0.00 0.00 0.01 0.01 0.01 0.01 0.01 0.00 0.05 0.00 0.01 0.02 0.00 0.01

0.24 0.30 0.56 0.72 0.19 0.20 0.01 0.04 0.18 0.23 0.20 0.06 1.02 0.74 1.59 0.03 0.84 0.09 0.31 0.42 0.50 0.23 5.30 0.09 0.06 0.20 0.27 0.15 0.12 0.42 20.40 9.45 1.52 0.10 0.10 0.10 0.14 0.05 0.10 0.08 0.12 0.81 0.55 0.35 0.45 0.42 128.00 0.25 0.06 0.78 0.98 0.13 0.08 8.00 6.27 0.05 0.21 0.15 9.70 13.00 0.00 0.26 0.25 0.08 0.10 0.40 0.54 0.06 0.30 0.41 3.48 14.55 19.13 0.17 0.14 2.30 2.84 0.07 0.88 0.15 1.53 1.95 0.37 0.50 0.60 13.50 0.26 2.40 1.35 0.15 0.20 0.17 1.50 0.85 0.08 0.19 0.27 0.30 2.07 2.63 2.42 3.08 0.12 0.39 0.65 0.35 4.12 0.27 0.38 0.50 0.30 0.47 0.60 0.38 0.27 0.25 0.33 0.85 0.29 0.18 0.20 0.16 0.06 0.90

0.00 0.08 0.00 0.06 0.03 0.02 0.00 0.02 0.05 0.07 0.07 0.01 0.01 0.10 0.50 0.00 0.02 0.01 0.01 0.04 0.07 0.02 0.80 0.01 0.00 0.09 0.12 0.06 0.04 0.00 3.10 5.52 0.58 0.02 0.00 0.02 0.03 0.01 0.02 0.00 0.02 0.06 0.01 0.04 0.06 0.12 43.41 0.05 0.02 0.12 0.16 0.02 0.01 1.33 0.92 0.02 0.02 0.01 1.50 2.45 0.00 0.03 0.02 0.02 0.03 0.06 0.10 0.00 0.06 0.08 0.94 5.07 7.33 0.04 0.03 0.19 0.26 0.01 0.20 0.05 0.37 0.54 0.03 0.02 0.12 1.80 0.05 0.25 0.51 0.07 0.06 0.02 0.25 0.00 0.01 0.03 0.04 0.01 0.06 0.18 0.31 0.45 0.03 0.17 0.14 0.04 0.13 0.10 0.14 0.06 0.09 0.03 0.06 0.07 0.05 0.07 0.05 0.10 0.06 0.10 0.03 0.02 0.00 0.30

Rockcliff Met* Rockcliff Met Rockex Mng Rockhaven Re* Rockhaven Res Rockland Res Rockridge Res Rockwealth Res Rockwealth Res* Rockwell Diam* 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 Gold* Royal Mines &M* Royal Rd Mnrls Royal Std Mnrl* RT Minerals RT Minerals* RTG Mining * RTG Mining Rugby Mng Running Fox Rs* Running Fox Rs Rupert Res Rupert Res* Rusoro Mng Rusoro Mng*

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

0.00 0.00 0.03 0.02 0.08 0.00 0.02 0.21 0.02 0.01 0.00 0.09 0.00 0.01 0.00 0.08 0.10 0.03 0.02 0.00 0.00 0.00 0.01 0.01 0.00 0.13 0.10 0.00 0.04 0.02 0.00 0.00 0.01 0.00 0.01 0.04 0.00 0.00 0.01 4.72 3.97 7.32 0.01 0.01 0.05 0.04 0.00 0.00 0.00 0.01 0.03 0.01 0.01 1.02 1.42

0.28 0.50 0.40 0.38 0.90 0.10 0.40 14.50 0.18 0.14 0.12 4.13 0.12 0.49 0.03 0.68 0.95 4.38 1.74 0.35 1.00 0.09 0.13 0.14 0.11 1.45 1.13 1.35 1.74 0.98 0.06 0.08 0.74 0.27 0.29 0.62 0.01 0.11 0.09 92.85 91.94 108.00 1.03 0.85 0.83 1.10 0.54 0.40 0.26 0.36 0.56 0.13 0.15 6.99 9.00

0.05 0.08 0.10 0.11 0.01 0.05 0.07 0.22 0.04 0.07 0.00 0.34 0.03 0.26 0.00 0.04 0.15 1.90 0.47 0.07 0.01 0.03 0.05 0.05 0.04 0.35 0.24 0.44 0.50 0.04 0.03 0.03 0.29 0.04 0.07 0.12 0.00 0.02 0.02 35.35 34.85 41.50 0.17 0.11 0.35 0.54 0.10 0.07 0.07 0.10 0.17 0.02 0.03 0.35 0.37

Sabina Gd&Slvr Sabina Gd&Slvr* Sable Res* Sable Res Sailfish Rylty 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 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 Snowy Owl Sokoman Min Sokoman Min* Solaris Res Soldera Mining* Soldera Mining SolGold plc* SolGold plc Solitario Ex&R Solitario Ex&R* Solstice Gold Sonora Gld & S Sonoro Gold* Sonoro Gold SOPerior Fert South Atlantic* South Atlantic South32* Southern Copp* Southern Emp* Southern Emp Southern Silvr Southern Silvr* SouthGobi Res

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

R Rackla Metals* Rackla Metals Radisson Mng Radius Gold Rae-Wallace Mg* Rain City Raindrop Vent Rainforest Res* Rainy Mtn Royl Rainy Mtn Royl* Rambler Metals* Rare Element* Rathdowney Res Ready Set Gold Red Eagle Mng* Red Moon Res Red Pine Expl Regis Res NL* Regulus Res Remington Res Renforth Res* Renforth Res Resolve Vent 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

0.20 0.21 + 0.27 0.27 unch 0.30 0.34 + 0.23 0.25 + 0.03 0.11 + 0.10 0.10 unch 0.30 0.30 2.10 2.24 0.00 0.17 + 0.12 0.14 + 0.00 0.00 unch 2.42 2.62 + 0.04 0.04 unch 0.28 0.29 + 0.00 0.01 unch 0.48 0.48 0.60 0.80 + 2.31 2.38 + 1.16 1.21 + 0.23 0.23 unch 0.05 0.06 + 0.07 0.07 unch 0.07 0.08 + 0.07 0.08 0.05 0.07 0.67 0.77 + 0.53 0.61 + 0.77 0.82 0.97 1.00 0.73 0.78 0.00 0.04 unch 0.05 0.05 unch 0.44 0.45 + 0.10 0.10 0.12 0.13 + 0.24 0.26 0.00 0.00 + 0.08 0.08 unch 0.06 0.07 + 75.95 76.55 0.00 75.65 0.00 85.68 0.76 0.80 + 0.61 0.64 + 0.50 0.55 + 0.63 0.68 + 0.21 0.23 unch 0.16 0.17 0.19 0.19 0.24 0.25 0.44 0.47 + 0.09 0.09 0.00 0.10 3.19 4.20 + 4.00 5.32 +

(100s)

High Low

Exc Volume

Week Last

12-month

High

Low

Change

59 1915 186 241 263 803 4989 27 2 578 22 94 4077 108 466 717 770 2811 5596 50 327 595 8363 447 1 3677 257 1337 1 307 39 12 89 139 355 765 75 3 273 115

0.07 0.10 0.06 0.13 0.17 0.23 0.19 0.14 0.09 0.62 0.10 0.12 1.21 0.41 0.53 0.05 0.04 0.80 0.54 0.17 0.07 0.08 1.83 1.46 0.29 110.18 0.02 0.39 0.08 0.11 0.09 0.14 0.18 0.11 0.02 0.05 4.35 3.70 0.06 0.06

+ 0.05 0.06 + 0.07 0.08 0.04 0.04 + 0.00 0.13 + 0.14 0.15 + 0.14 0.23 + 0.14 0.18 0.12 0.14 unch 0.09 0.09 unch + 0.00 0.03 + 0.09 0.09 + 0.10 0.12 0.87 0.92 + 0.38 0.40 + 0.46 0.50 0.05 0.05 0.04 0.04 + 0.35 0.39 + 0.46 0.48 0.17 0.17 unch + 0.06 0.06 0.07 0.07 + 1.51 1.83 + 1.20 1.45 0.00 0.29 104.60 105.81 + 0.01 0.01 + 0.34 0.38 0.00 0.08 unch 0.09 0.10 0.08 0.08 0.14 0.14 0.16 0.18 + 0.10 0.10 0.02 0.02 unch 0.05 0.05 unch 3.90 3.92 0.00 3.34 + 0.06 0.06 0.04 0.04

10894 2084 868 1770 237 30 47 62 148 30 160 545 294 51 245 129 738 1477 10989 3796 76 18623 678 60 4 495 415 15 1550 216 229 449 38 268 183 456 4 8 621 2128 0 8 4461 1363 45 81 435 60 16 172 27 157 2 50 2184 220 16 6 20691 5590 891 3346 2683 562 264 397 2024 72 11 139 105 552 447 2625 2359 4 61 2709 2389 7 37 41 30 122 873 944 62 145 1257 1514 160 66 3082 6918 5975 1795 1 11 124 164 421 983 44 2002 330 15774 198 63 983 134 2960 1311 2611 224 9643 575 7929 3744 465 5 188 107 703 76 11659 1033 23 66 352 2992 255 1422 4 5412 55 217 1449 1001 23

2.04 1.61 0.23 0.26 1.24 0.25 0.32 0.41 0.18 0.14 0.02 0.20 0.19 0.12 0.20 0.23 3.21 9.08 7.29 0.42 0.28 0.01 0.51 0.42 0.10 0.15 0.15 0.24 0.06 0.20 0.25 0.14 0.11 0.56 0.21 0.22 0.44 0.58 22.93 18.46 0.53 0.62 0.26 0.21 0.09 0.03 0.11 0.25 0.05 0.06 0.26 0.33 1.45 1.10 0.59 0.17 0.12 5.10 19.76 0.05 0.12 0.15 3.14 3.90 5.20 0.18 0.22 0.17 0.14 0.86 1.07 1.33 1.07 0.36 0.43 0.02 0.19 0.79 0.64 0.17 0.16 0.18 0.19 0.24 0.18 0.21 0.06 0.07 0.78 0.64 0.40 0.33 6.86 5.53 8.68 10.77 0.13 0.05 0.80 0.12 0.15 0.20 0.16 0.05 0.04 3.50 2.80 0.25 0.14 0.11 0.45 0.36 0.05 0.06 0.23 0.06 0.44 0.35 8.39 0.75 0.98 0.31 0.39 1.28 1.04 0.12 0.09 0.17 0.22 0.05 0.08 0.09 2.20 78.20 0.20 0.27 0.52 0.42 0.81

High Low

0.00 0.01 0.01 0.02 0.02 0.12 0.04 0.00 0.00 0.02 0.01 0.02 0.20 0.01 0.03 0.01 0.00 0.00 0.01 0.00 0.00 0.01 0.30 0.22 0.10 3.72 0.00 0.03 0.00 0.01 0.01 0.01 0.01 0.01 0.00 0.00 0.13 0.10 0.01 0.00

0.10 0.14 0.09 0.19 0.25 0.23 0.23 0.19 1.00 0.62 0.10 0.12 1.93 0.60 0.76 0.08 0.06 0.80 0.55 0.36 0.15 0.13 1.92 1.48 0.44 147.64 0.05 0.48 1.24 0.29 0.20 0.15 0.22 0.19 0.07 0.08 6.20 8.70 0.08 0.06

0.03 0.04 0.02 0.05 0.08 0.11 0.07 0.02 0.04 0.00 0.03 0.02 0.11 0.14 0.06 0.03 0.02 0.10 0.13 0.08 0.02 0.03 0.65 0.46 0.16 65.46 0.00 0.13 0.03 0.02 0.01 0.01 0.04 0.05 0.01 0.01 0.53 0.43 0.03 0.02

0.04 0.02 0.04 0.05 0.16 0.00 0.02 0.01 0.00 0.00 0.01 0.01 0.04 0.02 0.01 0.00 0.73 0.33 0.23 0.06 0.02 0.00 0.00 0.00 0.00 0.04 0.01 0.00 0.00 0.01 0.00 0.02 0.01 0.10 0.01 0.01 0.00 0.00 1.12 0.83 0.02 0.06 0.11 0.09 0.01 0.00 0.01 0.00 0.01 0.00 0.00 0.02 0.01 0.10 0.02 0.02 0.00 0.09 0.07 0.01 0.00 0.01 0.09 0.13 0.05 0.01 0.02 0.02 0.03 0.07 0.09 0.09 0.06 0.01 0.01 0.00 0.03 0.11 0.07 0.00 0.00 0.01 0.01 0.01 0.00 0.01 0.00 0.00 0.02 0.00 0.00 0.01 0.03 0.04 0.17 0.23 0.01 0.01 0.15 0.01 0.00 0.01 0.01 0.00 0.00 0.02 0.02 0.01 0.01 0.00 0.12 0.10 0.01 0.00 0.11 0.01 0.11 0.09 1.24 0.00 0.10 0.01 0.01 0.06 0.07 0.01 0.00 0.01 0.01 0.00 0.01 0.01 0.14 5.85 0.00 0.01 0.03 0.02 0.09

3.54 2.80 0.36 0.39 1.57 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 0.16 2.00 0.07 0.28 0.35 0.22 0.17 0.60 0.46 0.53 0.56 0.75 29.00 22.86 0.55 0.71 0.26 0.19 0.10 0.07 0.14 0.25 0.06 0.08 0.66 0.85 2.06 1.56 0.70 0.25 0.19 7.72 20.40 0.08 0.14 0.17 3.87 4.92 5.52 0.18 0.22 0.24 0.18 0.90 1.40 2.29 2.51 0.46 0.59 0.02 0.35 0.94 0.75 0.25 0.34 0.40 0.24 0.30 0.37 0.49 0.48 0.12 0.85 1.20 0.40 0.33 11.62 8.91 12.88 16.37 0.30 0.25 1.00 0.20 0.26 0.30 0.22 0.11 0.08 3.95 3.11 0.50 0.23 0.20 0.40 0.32 0.11 0.16 0.23 0.25 0.44 0.35 8.33 0.75 0.98 0.56 0.72 1.56 1.25 0.13 0.10 0.28 0.34 0.06 0.13 0.18 2.33 83.15 0.34 1.45 0.70 0.55 1.39

0.88 0.60 0.03 0.04 0.49 0.08 0.12 0.18 0.11 0.08 0.00 0.05 0.08 0.00 0.13 0.18 0.72 6.05 4.18 0.07 0.09 0.00 0.43 0.37 0.04 0.02 0.07 0.20 0.02 0.03 0.06 0.05 0.03 0.07 0.07 0.11 0.19 0.28 9.87 6.80 0.09 0.15 0.03 0.02 0.01 0.01 0.03 0.00 0.03 0.01 0.21 0.10 0.75 0.82 0.07 0.05 0.03 2.53 3.50 0.02 0.03 0.04 0.59 0.89 1.30 0.02 0.03 0.08 0.06 0.46 0.32 0.22 0.91 0.06 0.10 0.00 0.06 0.19 0.12 0.10 0.05 0.04 0.05 0.08 0.14 0.10 0.01 0.02 0.20 0.19 0.05 0.13 3.42 2.36 4.18 6.05 0.00 0.00 0.70 0.07 0.08 0.06 0.05 0.03 0.02 0.70 0.48 0.16 0.05 0.04 0.09 0.06 0.00 0.01 0.04 0.05 0.06 0.04 1.38 0.71 0.30 0.13 0.21 0.22 0.15 0.02 0.02 0.06 0.08 0.03 0.05 0.02 0.89 23.43 0.16 0.19 0.07 0.05 0.01

S 1.78 1.42 0.17 0.21 1.02 0.24 0.00 0.38 0.00 0.12 0.01 0.18 0.15 0.12 0.18 0.22 2.76 8.66 6.93 0.33 0.24 0.00 0.43 0.37 0.10 0.11 0.14 0.23 0.00 0.17 0.21 0.12 0.10 0.46 0.16 0.20 0.44 0.55 21.56 17.35 0.00 0.00 0.14 0.11 0.00 0.02 0.10 0.00 0.04 0.05 0.25 0.31 1.42 1.10 0.53 0.12 0.12 4.01 17.80 0.03 0.09 0.11 2.75 3.45 5.00 0.14 0.17 0.15 0.00 0.72 0.91 1.16 0.93 0.31 0.40 0.01 0.16 0.65 0.53 0.00 0.14 0.00 0.18 0.21 0.14 0.18 0.04 0.06 0.60 0.48 0.38 0.29 6.46 5.18 8.07 10.10 0.00 0.03 0.69 0.11 0.14 0.16 0.13 0.05 0.04 3.07 2.46 0.23 0.12 0.09 0.33 0.26 0.04 0.06 0.08 0.05 0.28 0.22 7.00 0.71 0.80 0.28 0.35 1.10 0.87 0.10 0.09 0.14 0.19 0.03 0.07 0.00 0.00 71.10 0.19 0.22 0.45 0.36 0.69

+ 1.96 + 1.57 + 0.20 + 0.25 + 1.18 0.24 0.29 + 0.41 0.18 unch 0.14 0.01 0.19 + 0.19 0.12 0.19 0.23 unch + 3.12 + 8.98 + 7.17 + 0.39 0.26 0.01 0.48 unch 0.38 0.10 unch + 0.15 + 0.14 0.24 unch 0.05 unch 0.18 0.22 unch 0.12 0.10 + 0.56 0.16 0.21 0.44 unch 0.55 unch + 22.62 + 18.07 0.53 0.62 + 0.25 + 0.20 + 0.09 0.02 0.10 0.02 unch + 0.05 0.06 unch + 0.25 + 0.32 + 1.43 + 1.10 0.56 + 0.12 0.12 unch 4.60 + 18.21 + 0.05 + 0.10 + 0.14 + 3.02 + 3.78 + 5.20 0.15 0.18 0.15 + 0.14 0.79 0.97 + 1.25 + 1.00 + 0.32 + 0.40 0.01 unch 0.16 0.68 0.56 0.17 unch 0.14 0.17 + 0.19 0.22 0.16 + 0.20 + 0.05 0.06 unch + 0.64 + 0.51 0.39 unch + 0.32 + 6.63 5.26 + 8.30 + 10.37 + 0.13 + 0.05 0.70 + 0.11 0.14 unch 0.18 0.14 0.05 unch + 0.04 3.15 2.52 + 0.25 + 0.13 0.10 + 0.45 + 0.36 0.04 0.06 unch + 0.19 + 0.06 + 0.41 + 0.32 + 8.39 + 0.75 + 0.94 0.30 0.38 1.13 0.92 0.12 0.09 unch + 0.16 + 0.20 0.04 unch 0.07 + 0.08 2.00 72.14 + 0.19 + 0.24 0.46 0.37 0.74

GLOBAL MINING NEWS

(100s) Stock

THE NORTHERN MINER / MARCH 29—APRIL 11, 2021

Week

Exc Volume

High

Low

Last

0.05 0.07 0.23 0.29 0.06 0.08 0.12 0.16 0.10 0.02 0.17 0.76 0.54 0.44 18.81 15.08 0.07 0.57 0.45 3.09 3.85 0.48 0.12 3.16 0.07 0.15 0.18 0.01 0.19 0.15 0.03 0.20 0.26 1.41 1.77 0.00 0.05 0.00 0.11 2.16 1.75 0.53 0.43 0.14 0.16 0.25 0.13 0.00 0.14 0.16 0.19 0.00 0.39 0.31 0.33 0.26 0.16 0.21 0.18 0.15 0.69 0.57 0.00 0.37 0.13 0.94 1.16 0.19 0.41 0.38 0.30 26.77 21.36 0.43 0.53 0.50 0.00 0.07 0.00 0.08 0.15 0.40 0.32 0.00 0.88

0.05 0.07 0.24 0.30 0.10 0.12 0.13 0.17 0.11 0.03 0.19 0.76 0.56 0.48 19.15 15.44 0.09 0.64 0.52 3.28 4.15 0.48 0.13 3.64 0.08 0.15 0.18 0.02 0.20 0.16 0.03 0.21 0.26 1.51 1.89 0.05 0.05 0.07 0.12 2.44 1.91 0.55 0.46 0.15 0.18 0.30 0.13 0.00 0.15 0.18 0.22 0.00 0.40 0.31 0.33 0.26 0.17 0.22 0.19 0.16 0.74 0.61 0.48 0.37 0.15 0.94 1.17 0.23 0.47 0.41 0.31 27.65 22.02 0.52 0.65 0.50 0.40 0.07 0.06 0.19 0.20 0.50 0.40 0.01 0.93

Southstone Min* Southstone Min Spanish Mtn Gd* Spanish Mtn Gd Sparton Res* Sparton Res 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 Exp* Starr Peak Exp Steele Oceanic* Stellar Africa* Stellar Africa Stelmine Can Steppe Gold Steppe Gold* Sterling Metal Sterling Metal* Stevens Gold* Stevens Gold Stinger Res Stone Gold Stornoway Diam* Straightup Res Stratabd Mnr* Stratabd Mnr Strateco Res* Strategic Metl Strategic Metl* Strategic Res Strategic Res* Strikepoint Gd* Strikepoint Gd Strongbow Expl Strongbow Expl* Stroud Res Stuhini Explor Stuhini Explor* Stuve Gold Sulliden Mng Summa Silver* Summa Silver Sun Metals 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* Syrah Res*

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

0 138 563 1334 490 69388 1179 2707 130 2321 661 228 787 68 3219 9075 4175 5670 3971 65 79 10 1779 1150 1246 473 1920 61 586 44 420 37 228 28 162 0 10 20 182 279 29 115 69 144 911 1050 105 2031 90 138 119 1131 199 238 31 1 1437 2087 513 174 156 66 3 22 145 208 299 4039 240 266 46 55814 44039 26 779 121 8 506 36 156 314 1532 43 34 76

0.05 0.08 0.27 0.34 0.16 0.21 0.15 0.17 0.11 0.03 0.20 0.90 0.67 0.53 19.76 15.78 0.10 0.68 0.57 3.36 4.20 0.48 0.14 3.70 0.10 0.18 0.22 0.03 0.21 0.16 0.07 0.23 0.29 1.60 1.98 0.00 0.07 0.08 0.14 2.44 1.94 0.65 0.52 0.15 0.19 0.33 0.14 0.01 0.16 0.18 0.23 0.01 0.41 0.35 0.39 0.26 0.19 0.22 0.22 0.17 0.86 0.61 0.48 0.38 0.15 0.99 1.23 0.24 0.54 0.41 0.31 29.55 23.69 0.52 0.66 0.50 0.40 0.08 0.06 0.19 0.20 0.57 0.45 0.01 0.94

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*

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

95 103 421 516 176 29 3914 314 405 3607 99 10464 39 191 43

0.15 0.19 0.11 0.33 0.27 0.04 0.78 0.10 14.59 0.06 0.88 0.71 0.25 0.32 0.12

(100s)

12-month Change

High Low

Stock

Taranis Res Tarku Res Tarku Res* 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 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* Thunder Mtn Gd Thunderstruck Thunderstruck* Tiger Intl Timberline Res Timberline Res* Tinka Res* Tinka Res Tintina Mines 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* Transatlantic Transition Met Transition Met* Treasury Metal Treasury Metal* Trecora Res* Tres-Or Res Tres-Or Res* Trevali Mining* Trevali Mining Tri Origin Exp Tri Origin Exp* Trident Gold Trifecta Gold* Trifecta 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* True North Gem* True North Gem Tsodilo Res Tudor Gold * Tudor Gold Turmalina Met Turmalina Met* Turquoise HIl* Turquoise HIl TVI Pacific

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

0.00 0.01 0.01 0.03 0.04 0.04 0.00 0.01 0.01 0.01 0.01 0.00 0.06 0.02 0.20 0.26 0.02 0.00 0.01 0.04 0.00 0.00 0.01 0.14 0.00 0.01 0.02 0.00 0.00 0.00 0.03 0.01 0.02 0.04 0.03 0.00 0.01 0.01 0.02 0.14 0.05 0.06 0.03 0.00 0.01 0.02 0.01 0.00 0.00 0.02 0.03 0.00 0.01 0.01 0.06 0.00 0.01 0.01 0.01 0.01 0.07 0.00 0.00 0.00 0.00 0.01 0.02 0.00 0.07 0.03 0.00 1.67 1.51 0.06 0.08 0.00 0.00 0.01 0.00 0.07 0.05 0.07 0.05 0.00 0.03

0.10 0.14 0.59 0.77 0.16 0.21 0.36 0.27 0.20 0.03 0.23 1.05 0.80 0.78 33.69 25.32 0.20 1.19 0.99 3.80 4.75 0.60 0.17 4.60 0.10 0.25 0.38 0.05 0.34 0.24 0.19 0.27 0.35 2.24 2.94 0.51 0.11 0.14 0.14 3.14 2.41 0.92 0.70 0.29 0.38 0.35 0.28 0.01 0.35 0.26 0.38 0.01 0.80 0.60 0.52 0.41 0.26 0.33 0.27 0.21 0.90 0.94 0.72 0.55 0.20 2.20 3.50 0.24 1.34 0.60 0.47 29.55 23.69 1.15 1.53 0.89 0.58 0.32 0.24 0.17 0.17 0.85 0.65 0.05 1.10

0.03 0.04 0.03 0.05 0.01 0.02 0.01 0.01 0.02 0.01 0.03 0.22 0.14 0.02 14.26 9.83 0.01 0.03 0.02 0.05 0.05 0.17 0.05 0.45 0.02 0.12 0.12 0.00 0.15 0.11 0.01 0.05 0.07 0.38 0.33 0.05 0.01 0.02 0.04 0.63 1.42 0.05 0.01 0.14 0.16 0.10 0.02 0.00 0.12 0.11 0.05 0.00 0.25 0.18 0.18 0.26 0.01 0.02 0.03 0.01 0.15 0.12 0.29 0.21 0.03 0.60 0.09 0.06 0.35 0.11 0.08 14.02 9.61 0.26 0.36 0.11 0.22 0.02 0.03 0.03 0.05 0.02 0.03 0.00 0.09

0.13 0.14 + 0.00 0.18 + 0.09 0.09 unch 0.31 0.32 0.25 0.25 + 0.03 0.03 0.67 0.72 0.00 0.01 + 11.59 12.70 0.05 0.05 0.82 0.82 0.65 0.67 0.22 0.23 0.00 0.30 unch 0.09 0.09 -

0.01 0.01 0.00 0.01 0.01 0.01 0.05 0.00 1.83 0.01 0.03 0.01 0.00 0.00 0.02

0.22 0.31 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

0.05 0.07 0.03 0.28 0.17 0.01 0.08 0.00 3.10 0.01 0.61 0.45 0.18 0.07 0.03

Week

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

187 468 158 283 60 3931 15710 326 35290 19 18162 139 138 64 201 1178 265 87 113 99 825 1558 1055 622 3675 6 127 53 207 961 3 4 1603 242 0 227 23 4 175 48 1 164 687 695 33704 21 7 17 81 354 804 577 1117 938 21 151 5 196 2317 120 111 5 537 11 16 149 452 59 135 84 664 36 36 468 7402 35 28 39 60 1148 75 1348 72 0 97 83 525 880 506 274 211 1608 1810 278 13 22 74 106 458 160 205 6464 6321 1335

High

Low

Last

0.14 0.12 0.09 0.50 0.41 2.35 1.89 0.45 22.61 34.00 28.13 0.11 0.15 0.28 0.35 1.36 1.13 0.11 0.15 0.20 0.07 0.08 0.30 0.25 0.07 0.06 0.07 2.48 2.98 3.59 0.09 0.08 1.27 0.37 0.20 0.25 0.19 0.12 0.10 0.08 0.00 0.38 0.32 0.24 0.30 0.07 0.80 0.57 0.69 0.48 0.08 0.73 0.09 0.25 2.37 0.30 0.01 13.97 17.38 0.75 0.60 0.08 0.11 0.30 0.23 0.05 0.23 0.17 1.03 0.82 8.11 0.14 0.13 0.18 0.21 0.21 0.17 0.12 0.10 0.12 2.79 2.25 0.10 0.00 0.13 0.10 0.22 0.28 0.19 0.15 0.94 1.17 0.18 0.07 0.17 0.14 0.75 2.85 3.40 0.91 0.73 18.20 22.58 0.06

0.00 0.11 0.00 0.44 0.30 2.12 1.69 0.40 20.20 30.60 25.27 0.11 0.13 0.25 0.30 1.10 0.90 0.09 0.13 0.17 0.04 0.05 0.26 0.21 0.06 0.04 0.06 2.20 2.72 2.89 0.00 0.07 0.90 0.19 0.00 0.25 0.16 0.12 0.09 0.07 0.00 0.32 0.26 0.17 0.22 0.00 0.69 0.55 0.00 0.43 0.06 0.57 0.08 0.22 1.93 0.26 0.01 12.59 15.67 0.00 0.58 0.08 0.10 0.00 0.23 0.05 0.17 0.00 0.94 0.75 7.46 0.13 0.00 0.15 0.19 0.20 0.15 0.12 0.00 0.08 2.66 2.13 0.08 0.00 0.12 0.08 0.19 0.24 0.17 0.14 0.82 1.01 0.13 0.06 0.00 0.00 0.66 2.45 3.05 0.84 0.68 15.69 19.59 0.05

0.13 0.12 0.09 0.46 0.37 2.17 1.74 0.44 20.28 33.25 25.37 0.11 0.14 0.26 0.30 1.19 0.95 0.11 0.15 0.18 0.06 0.08 0.28 0.22 0.06 0.05 0.06 2.30 2.91 3.07 0.09 0.08 1.20 0.21 0.20 0.25 0.18 0.12 0.09 0.07 0.20 0.33 0.28 0.22 0.27 0.07 0.80 0.57 0.69 0.43 0.07 0.72 0.08 0.23 2.35 0.27 0.01 13.75 17.18 0.72 0.58 0.08 0.10 0.30 0.23 0.05 0.22 0.16 0.94 0.75 7.47 0.13 0.12 0.15 0.19 0.20 0.16 0.12 0.09 0.12 2.76 2.20 0.08 0.04 0.13 0.10 0.20 0.25 0.19 0.14 0.91 1.17 0.17 0.07 0.17 0.12 0.75 2.69 3.38 0.84 0.69 16.94 21.18 0.05

12-month Change + + + + + + + + + + unch + + + + unch + + + + + + + unch + unch unch + + + unch + + + unch + + + unch + + unch unch unch + + + unch + + + unch + + + + + + + + + + + + + + + -

0.02 0.01 0.01 0.03 0.02 0.11 0.09 0.02 2.35 1.20 2.85 0.01 0.03 0.01 0.05 0.02 0.02 0.02 0.02 0.00 0.01 0.02 0.02 0.00 0.00 0.00 0.01 0.07 0.11 0.33 0.01 0.01 0.20 0.02 0.01 0.00 0.00 0.00 0.01 0.01 0.00 0.02 0.02 0.04 0.03 0.00 0.09 0.01 0.04 0.00 0.01 0.14 0.01 0.01 0.10 0.00 0.00 0.55 0.74 0.03 0.02 0.00 0.01 0.00 0.00 0.01 0.01 0.00 0.06 0.05 0.52 0.02 0.02 0.00 0.01 0.01 0.01 0.00 0.04 0.05 0.02 0.01 0.01 0.00 0.02 0.02 0.00 0.01 0.01 0.00 0.09 0.16 0.04 0.01 0.06 0.02 0.06 0.26 0.36 0.04 0.00 1.11 1.45 0.01

(100s)

High Low

Stock

0.16 0.22 0.13 0.55 0.55 2.63 2.09 0.45 23.93 34.75 29.81 0.25 0.34 0.28 0.36 2.27 1.78 0.18 0.30 0.33 0.08 0.14 0.55 0.41 0.07 0.12 0.17 3.80 4.85 4.70 0.09 0.08 1.10 0.70 0.22 0.32 0.34 0.29 0.20 0.16 0.30 0.51 0.40 0.24 0.30 0.08 1.50 0.99 1.10 0.50 0.09 0.81 0.11 0.33 3.09 0.45 0.51 19.45 25.52 0.86 0.67 0.12 0.15 0.38 0.29 0.07 0.26 0.20 1.98 1.40 8.35 0.20 0.14 0.21 0.27 0.40 0.29 0.12 0.10 0.12 3.29 2.60 0.12 0.30 0.15 0.11 0.35 0.47 0.48 0.34 1.33 1.82 0.18 0.27 0.19 0.25 0.91 3.40 4.51 1.80 1.33 18.20 22.58 0.06

TVI Pacific* Tyhee Gold* Tymbal Res Typhoon Expl

0.04 0.04 0.09 0.05 0.00 0.28 0.20 0.09 5.60 9.00 8.15 0.07 0.09 0.04 0.05 0.10 0.30 0.07 0.03 0.17 0.03 0.04 0.16 0.11 0.01 0.03 0.03 0.20 0.29 0.43 0.03 0.02 0.52 0.10 0.16 0.13 0.07 0.07 0.06 0.03 0.09 0.06 0.03 0.05 0.09 0.03 0.35 0.11 0.14 0.24 0.02 0.10 0.06 0.12 0.85 0.15 0.00 8.27 12.30 0.29 0.21 0.01 0.02 0.12 0.13 0.03 0.12 0.08 0.45 0.62 4.23 0.06 0.05 0.04 0.06 0.03 0.09 0.12 0.01 0.02 1.50 1.03 0.05 0.01 0.04 0.05 0.15 0.19 0.11 0.07 0.32 0.47 0.03 0.04 0.02 0.04 0.05 0.27 0.39 0.29 0.25 3.01 4.30 0.01

Week

Exc Volume O O V V

102 2194 82 196

High

Low

0.05 0.00 0.04 0.06

0.04 0.00 0.03 0.00

Last

12-month Change

0.04 0.00 + 0.04 unch 0.06 unch

0.00 0.00 0.00 0.00

High Low 0.05 0.01 0.05 0.11

0.00 0.00 0.02 0.03

U-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 Vanadiumcorp* Vanadiumcorp Vangold Res* Vangold Res Vanstar Mng Rs Vanstar Mng Rs* Vantex Res Velocity Mnrls Velocity Mnrls* Vendetta Mng Vendetta Mng* Venture Mnrls* Verde Potash Verde Res* Veris Gold* Vertical Expl* Vertical Expl Victoria Gold* Victoria Gold Victory Metals* Victory Metals 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*

D 552 V 237 O 95 C 13 O 9816 O 482 V 209 T 7177 O 86 V 64 O 849 O 220 V 1623 O 2566 C 2510 O 264 X 31330 N 113420 O 12 V 331 V 141 T 2473 X 39802 V 2870 X 97224 O 1824 D 31012 V 952 O 535 V 1842 O 140 V 1133 O 3106 V 51 V 89 O 37 N 112101 O 14767 O 410 V 1435 C 3182 O 98 V 163 V 33 O 7 O 10 V 338 O 1571 V 3145 O 1829 V 4018 V 328 O 698 V 8 V 55 O 37 V 503 O 103 O 630 T 899 O 90 O 327 O 105 V 1547 O 255 T 1288 O 206 V 479 O 61 C 445 C 48044 O 46443 V 593 O 578 V 499 O 1839 V 2003 V 1567 O 1847 V 222 X 1183 T 54 O 181 V 288 V 792 O 420 C 186 O 38 V 335 O 45 C 35 V 637 O 141 V 533 V 783 O 118

12.09 0.24 0.23 0.05 25.00 1.58 1.91 0.36 0.16 0.20 0.13 0.31 0.40 1.02 1.25 0.04 1.46 24.28 0.12 0.16 2.73 1.80 1.45 1.20 3.67 0.14 7.15 3.18 2.55 0.06 0.05 0.27 0.02 0.29 0.15 0.12 17.86 0.10 0.29 0.36 0.15 0.06 0.08 0.09 0.08 0.13 0.16 0.07 0.10 0.58 0.73 1.05 0.89 0.28 0.47 0.38 0.06 0.05 0.05 1.97 0.05 0.01 0.17 0.22 11.13 13.83 0.55 0.69 0.06 0.09 0.60 0.49 0.39 0.31 0.40 0.16 0.20 0.30 0.25 0.18 1.04 1.29 0.30 0.38 1.46 1.18 0.15 0.39 0.50 0.17 0.45 0.22 0.35 0.40 0.17 0.13

10.83 0.17 0.13 0.05 16.75 1.38 1.71 0.32 0.12 0.15 0.10 0.27 0.32 0.89 1.11 0.03 1.12 21.01 0.00 0.13 2.49 1.43 1.13 1.05 2.62 0.09 5.66 2.85 2.28 0.05 0.04 0.21 0.02 0.25 0.13 0.11 16.91 0.08 0.26 0.33 0.13 0.05 0.00 0.08 0.06 0.00 0.15 0.06 0.09 0.45 0.56 0.90 0.69 0.00 0.45 0.36 0.06 0.04 0.04 1.42 0.04 0.00 0.17 0.16 9.93 12.51 0.45 0.56 0.05 0.07 0.08 0.06 0.18 0.15 0.35 0.12 0.16 0.25 0.19 0.17 0.98 1.23 0.25 0.31 1.34 1.06 0.11 0.33 0.40 0.15 0.33 0.19 0.29 0.00 0.14 0.11

11.90 0.21 0.14 0.05 24.70 1.41 1.75 0.34 0.16 0.20 0.12 0.30 0.38 0.95 1.17 0.03 1.26 22.41 0.12 0.16 2.68 1.62 1.24 1.08 2.77 0.10 5.83 2.98 2.40 0.05 0.05 0.27 0.02 0.29 0.13 0.12 17.25 0.09 0.27 0.34 0.15 0.06 0.08 0.08 0.06 0.13 0.16 0.06 0.09 0.49 0.61 0.94 0.76 0.25 0.46 0.36 0.06 0.05 0.05 1.85 0.05 0.01 0.17 0.16 11.00 13.77 0.50 0.60 0.06 0.07 0.15 0.12 0.35 0.25 0.37 0.14 0.17 0.26 0.21 0.17 0.99 1.23 0.29 0.35 1.45 1.14 0.13 0.38 0.47 0.15 0.35 0.20 0.31 0.38 0.14 0.11

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

0.85 0.04 0.03 0.01 7.80 0.03 0.05 0.01 0.01 0.05 0.01 0.04 0.05 0.05 0.06 0.01 0.08 1.76 0.02 0.01 0.05 0.17 0.07 0.10 0.08 0.00 0.43 0.15 0.13 0.00 0.01 0.05 0.00 0.03 0.02 0.01 0.37 0.01 0.00 0.01 0.02 0.00 0.00 0.01 0.00 0.01 0.01 0.00 0.00 0.03 0.05 0.03 0.03 0.03 0.01 0.00 0.00 0.01 0.01 0.43 0.00 0.00 0.01 0.05 0.97 1.27 0.07 0.04 0.00 0.00 0.07 0.05 0.17 0.11 0.01 0.01 0.03 0.03 0.02 0.02 0.03 0.00 0.00 0.00 0.10 0.04 0.03 0.04 0.07 0.03 0.03 0.02 0.04 0.04 0.02 0.02

17.40 0.26 0.90 0.08 25.00 2.36 2.97 0.39 0.23 0.28 0.19 0.50 0.67 1.46 1.80 0.05 2.56 24.71 0.15 0.21 4.80 1.99 1.57 1.68 3.67 1.40 14.50 3.46 2.68 0.07 0.06 0.45 0.02 0.27 0.20 0.16 19.00 0.20 0.36 0.45 0.24 0.10 0.14 0.10 0.08 0.19 0.24

3.00 0.05 0.01 0.04 0.09 0.64 0.70 0.07 0.01 0.02 0.06 0.07 0.10 0.06 0.10 0.02 0.22 4.55 0.07 0.03 1.57 0.39 0.27 0.05 0.40 0.01 0.75 0.81 0.56 0.01 0.00 0.05 0.00 0.10 0.08 0.06 6.49 0.00 0.10 0.15 0.06 0.03 0.03 0.02 0.01 0.03 0.04

0.13 0.58 0.73 1.75 2.32 0.31 0.61 0.47 0.11 0.09 0.06 1.97 1.00 2.00 0.19 0.30 16.09 21.04 0.66 0.83 0.08 0.10 0.60 0.49 0.39 0.31 0.49 0.30 0.38 0.95 0.74 0.22 1.45 1.90 0.36 0.48 2.93 2.14 0.44 0.68 0.93 0.24 0.50 0.35 0.35 0.43 0.19 0.15

0.04 0.03 0.03 0.52 0.37 0.15 0.24 0.16 0.03 0.01 0.00 0.21 0.00 0.00 0.01 0.02 3.67 5.26 0.12 0.18 0.01 0.01 0.05 0.02 0.05 0.03 0.20 0.02 0.04 0.01 0.01 0.01 0.37 0.54 0.09 0.17 0.24 0.16 0.01 0.13 0.10 0.03 0.13 0.04 0.10 0.16 0.03 0.03

(100s) Stock

Exc Volume

Week

12-month

High

Low

Last

0.14 0.11

VVC Expl VVC Expl*

V O

437 155

0.15 0.13

Walker Lane* Walker River* Walker River Wallbridge Mng* Wallbridge Mng Waraba Gold Warrior Gold* Warrior Gold Waseco Res Wealth Mnrls* Wealth Mnrls 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 Vent* Westkam Gold* Westkam Gold Westminster Rs Westminster Rs* WestMountain* Wheaton Prec M Wheaton Prec M* White Energy* White Gold* White Gold White Metal R* White Metal Rs White Mtn Engy* Whitehaven Coa* 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 Zadar Ventures* ZEN Graphene ZEN Graphene* Zena Mining Zephyr Mnls Zephyr Mnls* Zimtu Capital Zinc One Res Zinc One Res * ZincX Res ZincX Res* Zonte Metals* Zonte Metals

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

3 31 1804 961 5205 46 69 264 150 1466 1664 35 223 6236 90 377 124 1505 716 358 99 236 29 834 1918 38 613 445 187 1 512 215 487 1 572 218 11 172 247 1 0 8658 14671 50 135 318 26 80 207 106 326 7 26 99 2138 1292 1924 149 19 611 3465 19 657 88 277 15 25 45 96 149 18 8 119 335 116 62 105 13311 64362 15 5 1550 1750 0 1353 299 28 136 62 15 959 306 304 78 20 60

0.12 0.10 0.12 0.55 0.68 0.22 0.10 0.10 0.06 0.18 0.22 0.13 6.81 8.46 0.17 1.23 1.00 0.10 0.08 1.25 1.67 0.10 0.08 1.91 1.53 0.47 0.13 0.15 0.17 0.13 0.16 1.60 1.35 1.66 0.62 0.51 0.13 0.17 0.25 0.20 0.00 50.33 40.51 0.08 0.58 0.69 0.12 0.14 0.03 1.33 2.14 0.19 0.26 0.12 0.12 0.15 1.16 0.31 0.24 1.14 0.14 0.05 0.12 0.09 0.07 0.05 0.10 0.13 0.00 0.12 0.08 0.30 0.39 0.09 0.16 0.98 1.23 5.88 4.73 1.12 0.04 0.06 1.71 0.00 3.47 2.78 0.10 0.20 0.17 0.25 0.03 0.03 0.19 0.15 0.15 0.21

Change -

0.01 0.01

0.12 0.12 0.09 0.09 + 0.11 0.11 0.48 0.50 + 0.60 0.60 unch 0.21 0.21 + 0.00 0.07 0.00 0.09 0.05 0.06 + 0.14 0.18 + 0.17 0.22 + 0.12 0.12 6.32 6.43 7.86 7.99 0.16 0.16 0.91 0.97 0.55 0.55 0.08 0.09 unch 0.06 0.07 + 1.08 1.22 + 1.51 1.60 0.09 0.09 + 0.05 0.08 + 1.73 1.80 + 1.38 1.44 + 0.45 0.47 0.10 0.10 0.12 0.13 unch 0.16 0.17 + 0.12 0.13 + 0.14 0.14 unch 1.30 1.48 + 1.04 1.23 + 1.55 1.55 0.51 0.59 + 0.41 0.48 + 0.11 0.11 0.15 0.16 0.20 0.25 + 0.18 0.18 0.00 1.25 unch 48.40 49.18 + 38.85 39.23 unch 0.08 0.08 0.51 0.54 + 0.63 0.65 + 0.11 0.12 + 0.13 0.13 + 0.02 0.03 + 1.27 1.29 1.84 1.99 0.00 0.17 0.21 0.21 0.10 0.10 0.11 0.11 0.14 0.14 unch 0.92 1.01 0.28 0.29 + 0.23 0.23 1.05 1.07 + 0.11 0.11 0.00 0.05 0.10 0.12 + 0.08 0.08 0.05 0.06 unch 0.05 0.05 unch 0.10 0.10 unch 0.13 0.13 unch 0.00 0.00 0.00 0.10 + 0.07 0.07 0.28 0.29 + 0.35 0.37 unch 0.08 0.08 unch 0.00 0.15 0.00 0.95 1.14 1.20 unch 5.53 5.76 + 4.43 4.57 + 1.08 1.12 + 0.00 0.04 + 0.05 0.05 unch 1.43 1.65 + 0.00 0.22 unch 2.80 3.02 + 2.25 2.44 + 0.00 0.10 unch 0.18 0.18 0.14 0.15 0.00 0.21 0.02 0.03 unch 0.02 0.02 0.16 0.18 + 0.00 0.15 + 0.15 0.15 unch 0.19 0.20 -

0.01 0.01 0.01 0.00 0.00 0.01 0.03 0.01 0.01 0.03 0.03 0.01 0.20 0.20 0.01 0.25 0.41 0.00 0.01 0.13 0.04 0.01 0.03 0.01 0.03 0.02 0.00 0.00 0.01 0.01 0.00 0.10 0.12 0.11 0.03 0.03 0.02 0.01 0.01 0.02 0.00 0.23 0.00 0.01 0.03 0.01 0.01 0.01 0.01 0.04 0.06 0.03 0.04 0.02 0.00 0.00 0.03 0.01 0.00 0.02 0.02 0.01 0.02 0.01 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.01 0.03 0.00 0.19 0.10 0.04 0.01 0.00 0.08 0.00 0.25 0.18 0.00 0.01 0.02 0.07 0.00 0.00 0.01 0.01 0.00 0.01

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 0.24 0.29 0.15 11.37 15.00 0.30 1.70 1.16 0.21 0.17 1.99 2.43 0.19 0.14 2.42 1.92 0.69 0.15 0.18 0.31 0.19 0.33 1.60 1.35 2.05 1.25 0.93 0.22 0.30 0.26 0.20 7.00 76.69 57.89 0.11 2.00 1.34 0.12 0.17 0.03 1.43 4.80 0.24 0.30 0.15 0.18 0.20 2.34 0.36 0.27 1.54 0.26 0.06 0.25 0.18 0.10 0.05 0.20 0.45 0.01 0.13 0.13 0.60 0.80 0.11 0.23 1.22 1.54 9.29 7.02 1.09 0.06 0.08 1.89 0.96 3.77 2.97 0.22 1.15 0.88 0.28 0.05 0.10 0.20 0.15 0.24 0.33

0.03 0.05 0.06 0.25 0.39 0.02 0.01 0.03 0.02 0.05 0.07 0.03 4.10 6.10 0.07 0.25 0.77 0.04 0.03 0.45 1.15 0.06 0.04 0.48 0.32 0.01 0.07 0.10 0.13 0.11 0.06 0.25 0.15 1.00 0.37 0.26 0.10 0.08 0.04 0.05 1.00 32.60 22.54 0.04 0.34 0.49 0.02 0.02 0.00 0.63 0.57 0.04 0.06 0.05 0.04 0.06 0.44 0.07 0.05 0.43 0.11 0.02 0.05 0.03 0.02 0.05 0.10 0.04 0.00 0.04 0.02 0.20 0.27 0.05 0.03 0.30 0.43 3.63 2.50 0.64 0.02 0.03 1.00 0.11 0.26 0.17 0.04 0.13 0.10 0.08 0.01 0.00 0.07 0.04 0.12 0.16

BID-ASK — MARCH 15–19, 2021 12-MONTH STOCK

Aftermath Silv Alacer Gold Altan Rio Min Amseco Expl AMV Capital Anglo-Bomarc Antler Hill Apex Res Asbestos Corp Atlanta Gold Aurelius Min Aurex Energy Aust Goldfield Austin Res Avarone Metals Aya Gold Banro Corp* Barker Min Battery Min BC Moly BE Res Bearclaw Cap Blackheath Res Boss Power Brunswick Res C2C Gold Cairo Res Camrova Res Canada Coal Cassius Vents CAVU Mining Centurion Mnls Cerro de Pasc Cerro Mng Cleghorn Mnls Cliffmont Res Cliffs Nat Res* Comet Inds CROPS Crystal Peak CWN M’g Acq Cyntar Venture Debut Dmds Duro Metals Earl Res Electra Stone Everton Res Evolution Glob Excalibur Res Finore Mng Freedom Egy Full Metal Mnl GAR Limited General Moly* Gentor Res Gespeg Res GFM Res

EXC

BID

ASK

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

0.24 9.41 0.13 0.02 0.12 0.08 0.05 0.07 0.68 0.03 0.13 0.04 ... 0.09 ... 1.94 0.11 0.01 0.65 0.08 0.20 0.22 0.30 0.17 ... ... 0.25 0.01 0.01 0.07 0.63 0.05 ... 0.15 0.12 0.16 1.45 3.00 0.01 0.01 0.07 0.15 0.20 0.17 0.40 0.01 0.10 1.25 0.09 0.12 0.02 0.14 ... ... 0.08 0.06 0.07

0.25 9.52 0.18 0.04 0.16 0.08 0.05 0.11 0.85 0.04 0.14 0.06 ... 0.10 ... 2.19 0.11 0.01 0.68 0.15 0.37 0.28 0.30 0.20 0.05 ... ... 0.01 0.06 0.14 0.70 0.05 ... 0.40 0.14 0.26 3.20 3.50 0.01 0.02 0.09 ... 0.28 0.38 0.70 0.02 0.10 2.50 0.10 0.12 0.02 0.14 ... ... 0.10 0.06 0.13

12-MONTH

LAST

HIGH

LOW

STOCK

0.25 9.47 0.17 0.04 0.12 0.15 0.06 0.10 0.65 0.03 0.14 0.05 0.47 0.09 0.04 2.01 0.11 0.01 0.51 0.09 0.20 0.22 0.20 0.17 0.03 0.11 0.37 0.07 0.06 0.07 0.60 0.07 0.29 0.60 0.12 0.16 1.43 3.25 0.02 0.01 0.07 0.19 0.26 0.15 0.45 0.01 0.03 2.00 0.10 0.11 0.01 0.10 0.15 0.11 0.08 0.06 0.07

0.33 10.82 0.22 0.08 0.26

0.05 3.50 0.03 0.02 0.07

0.17 0.99 0.04 0.15 0.07 0.47 0.13 0.15 2.50 2.10

0.04 0.35 0.03 0.03 0.03 0.42 0.04 0.03 0.82 0.10

0.90 0.09 0.20 0.60 0.26

0.51 0.03 0.09 0.10 0.07

0.15 0.37

0.03 0.20

0.07 0.10 0.64

0.01 0.04 0.20

0.34 0.60 0.15 0.20 7.17 3.25 0.03 0.10 0.21 0.21 0.27 0.27 0.55

0.12 0.07 0.04 0.05 0.98 2.00 0.01 0.01 0.03 0.17 0.07 0.13 0.09

2.00 0.11

2.00 0.01

4.13 100.00 0.08 0.12 0.15

0.13 0.10 0.03 0.04 0.07

Glacier Lake Global Cop Grp Goldbelt Emp Golden Cariboo Golden Indepen GoldHaven Res Great Lakes Gr Great Quest Fe Green Arrow Greenshield Ex GrowMax Res Highbury Proj Highvista Gold Hornby Bay Mnl Hylands Intl Indico Res Inspiration Mg Interconnect Intl Battery Iron South Mng Jubilee Gold K9 Gold Karam Min Karora Res Kermode Res Knick Expl Kodiak Copper La Imperial Latin Metals Leo Res Leocor Gold Lida Resources Lido Minerals Lightspeed Dis Lovitt Res Madeira Mrnls MAG Silver* Major Precious Margaret Lake Mariner Res Martina Mnls Matachewan Con McChip Res Mega Copper Melior Res Midasco Cap MillenMin Vent Minecorp Egy Mineral Hill Minsud Res Mongoose Mg Montana Gold Napier Vent Navis Res Corp Nebu Res New Klondike New Stratus

EXC

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

BID

0.10 0.07 0.02 0.10 ... ... 0.05 ... 0.02 0.16 0.03 0.22 ... 0.08 0.04 ... ... 0.08 ... 0.24 0.64 0.17 0.17 0.47 0.01 0.01 0.05 0.06 0.03 ... 0.36 ... 0.20 0.12 0.18 ... 12.52 ... 0.03 ... 0.07 0.16 0.60 0.17 0.07 0.12 ... ... 0.16 0.07 0.07 0.09 0.06 ... 0.04 0.01 0.26

12-MONTH

ASK

LAST

HIGH

LOW

STOCK

0.12 0.08 0.03 0.12 ... ... 0.05 0.01 0.03 0.19 0.03 0.95 ... 0.08 0.06 0.01 ... 0.38 ... 0.27 0.82 0.24 0.30 0.48 0.01 0.01 0.06 0.15 0.04 ... 0.45 ... 0.24 0.12 0.20 ... 13.30 ... 0.04 ... 0.07 0.23 0.74 0.50 0.07 0.18 0.01 ... 0.16 0.09 0.17 0.10 ... ... 0.04 0.01 0.30

0.09 0.08 0.03 0.10 0.38 0.42 0.04 0.10 0.02 0.16 0.09 0.23 0.17 0.06 0.04 0.01 0.03 0.08 0.31 0.24 0.68 0.24 0.20 0.48 0.01 0.01 0.05 0.05 0.03 1.09 0.45 0.24 0.18 0.11 0.18 0.03 12.52 0.42 0.03 0.59 0.07 0.18 0.60 0.17 0.08 0.14 0.05 0.12 0.15 0.07 0.12 0.10 0.07 0.30 0.04 0.01 0.30

0.19 0.11 0.05 0.15 0.40 0.45

0.08 0.04 0.02 0.02 0.05 0.06

0.04 0.20

0.02 0.14

NRG Metals O2Gold Odyssey Res Ord Mountain Oro X Mining Pac Arc Res Parallel Mng Pasinex Res Pedro Res PPX Mining Primary Energy ProAm Expl Quantum Cobalt Quinto Res Rain City Rare Element* Razore Rock Res Reliant Gold Remington Res Rizal Res Rockland Mnls Ross River Royal Gold Running Fox Rs Sage Gold Saint Jean Samco Gold Secova Mtls Sennen Potash Sierra Madre Silver Mtn Mns Sonora Gld & S Southern Arc Southstone Min Stans Energy Stria Lithium Stuve Gold Thunder Mtn Gd Tiger Intl Trench Metals Tri-River Vent TriMetals Mng TRU Precious Vale* ValOre Metals Vanadiumcorp Vatic Vent Venerable Vent Western Troy C Whitemud Res Winshear Gold Zadar Ventures Zara Res Zinco Mng Zincore Mtls

0.30

0.22

0.11 0.06

0.03 0.03

0.11

0.07

0.28 0.90 0.28 0.30 0.73 0.02

0.04 0.43 0.16 0.11 0.20 0.01

0.13 0.09 0.16

0.04 0.01 0.02

1.00 0.27 0.30 0.35 0.27

0.09 0.13 0.17 0.08 0.09

14.40 0.42 0.09 0.62 0.18 0.23 0.90 0.29 0.08 0.15

6.12 0.02 0.02 0.13 0.05 0.10 0.39 0.02 0.02 0.07

0.20

0.07

0.10 0.22 0.10 0.10

0.05 0.05 0.02 0.04

0.62

0.03

EXC

BID

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

0.31 0.23 0.05 0.30 0.65 0.11 0.13 0.03 0.09 0.04 ... 0.08 ... 0.01 0.07 0.11 0.11 ... 0.25 0.01 0.07 ... 0.33 0.03 0.01 0.10 0.01 0.05 0.01 ... 0.15 0.06 0.32 0.01 0.01 0.03 0.30 0.10 0.16 0.55 ... 0.11 0.50 ... 0.06 0.10 0.05 0.09 0.14 0.01 0.12 0.40 ... 0.05 0.05

ASK

0.34 0.27 0.06 0.30 0.65 0.25 0.14 0.04 0.14 0.05 ... 0.08 ... 0.01 0.10 0.16 0.20 0.10 0.35 0.02 0.08 0.37 0.40 0.05 0.01 0.10 0.05 0.06 1.00 0.19 0.15 0.09 0.90 0.01 0.01 0.03 0.50 ... 0.21 0.55 0.25 0.12 0.50 ... 0.07 0.10 ... 0.20 0.23 0.02 0.14 0.40 ... 0.07 0.10

LAST

0.31 0.23 0.06 0.20 0.69 0.16 0.15 0.04 0.13 0.04 0.17 0.08 1.10 0.08 0.10 0.15 0.20 0.02 0.23 0.02 0.08 0.26 0.40 0.05 0.02 0.08 0.05 0.05 0.45 0.11 0.31 0.09 0.89 0.01 0.01 0.02 0.37 0.12 0.20 0.55 0.04 0.12 0.29 10.24 0.07 0.09 0.10 0.10 0.14 0.02 0.14 0.30 0.07 0.05 0.05

HIGH

LOW

0.66 0.37 0.07 0.25 0.90

0.24 0.06 0.02 0.06 0.27

0.20 0.09 0.19 0.10 0.82 0.15 3.15 0.08 0.10 0.89 0.25

0.11 0.01 0.09 0.04 0.16 0.05 0.20 0.02 0.05 0.06 0.04

0.35

0.07

0.11

0.01

0.60 0.08

0.20 0.01

0.09

0.02

0.20 0.53 0.10 0.93 0.04 0.02 0.03 0.55 0.29 0.30 0.22

0.06 0.08 0.02 0.24 0.01 0.01 0.01 0.21 0.07 0.09 0.04

0.12 0.38 11.10 0.13 0.13

0.03 0.07 6.57 0.07 0.04

0.15 0.33 0.03 0.15 0.35 0.22

0.03 0.06 0.01 0.05 0.13 0.07

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