The Northern Miner September 3 2018 Issue

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Prospects abound for precious and base metals / 9–15

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Blue Sky prepping for PEA at Ivana in Argentina URANIUM

| Seeks to fulfill domestic demand

BY RICHARD QUARISA rquarisa@northernminer.com

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few months after tabling a maiden resource for its Ivana urnaium deposit on its Amarillo Grande uranium project in Argentina’s Rio Negro province, Blue Sky Uranium (TSXV: BSK; US-OTC: BKUCF) is moving on to perform metallurgical studies and step-out drilling. It aims to generate enough data for a preliminary economic assessment (PEA) it hopes to table by the end of 2018.

The company released the project’s maiden resource in March 2018 after a drill program it began in 2016. Surface exploration, geophysical surveying and more than 8,000 metres of drilling went in to developing Ivana’s shallow, 23.9 million inferred tonnes grading 0.036% uranium oxide for 19.1 million lb. uranium oxide.

In the past, the company has tested smaller composite samples from the deposit. But in an interview with The Northern Miner, Blue Sky director David Terry says the company has now assembled a “global composite that represents the deposit” and is now being processed.

Blue Sky is working on upgrading the mineralization by using a wet screening and scrubbing technique.

Terry says the technique may allow Blue Sky to “significantly upgrade” the uranium and vanadium material it would later feed into a processSee BLUE SKY / 6

Ascot looks to write Premier mine’s third chapter SITE VISIT

| Junior aims to revive old Westmin mine in BC’s Golden Triangle

BY COLIN DESMOND cdesmond@northernminer.com STEWART, BRITISH COLUMBIA

T

he existing infrastructure of Ascot Resources’ (TSXV: AOT; US-OTC: AOTVF) past-producing Premier-Dilworth gold project in northwestern B.C.’s Golden Triangle region is one of its greatest assets.

“Underground mine, tailings facility, power, road, mill — we have it all,” Derek White, Ascot’s president and CEO, tells The Northern Miner during a visit to the company’s flagship project in August.

The infrastructure is the accumulation of the mine’s storied history, inseparable from that of the nearby town of Stewart.

Situated at the head of the Portland Canal, Stewart is across the border from the town of Hyder, Alaska.

Over a century after the first claims were staked, White is leading Ascot’s attempt to give the Premier mine a third go.

His experience restarting pastproducing mines made him a good choice for the company’s shareholders when they were looking for a CEO to help bring the Premier-Dilworth project back into production. Since taking the helm in October 2017, he has been crafting a strategy to do just that.

“We’re basically trying to rebuild what Westmin had,” White says, referring to Westmin Resources’ time at the property in the 1980s and 1990s (see sidebar on Page 2).

First, Ascot has drafted plans to refurbish the old mill, relying on Westmin’s own f lowsheet from the 1990s. The flowsheet incorporates a carbon-in-leach

Ascot Resources’ president and CEO Derek White at the entrance to underground workings at the historic Premier mine at the Premier-Dilworth project in northwest British Columbia. PHOTO BY COLIN DESMOND PM40069240

circuit for gold and silver extraction, zinc cementation of precious metals and doré smelting.

“Mining technology doesn’t change very rapidly,” White says.

“That flowsheet is still good.”

Ascot plans to import fabricated parts for the jaw crusher, semi-autogenous mill and ball mill from a producer in China, which could save millions by avoiding full replacement. With these savings, it plans on buying a Knelson concentrator and building a machine-controlcentre room.

White says Ascot would aim to run the refurbished mill at a rate of 2,500 to 3,000 tonnes per day.

In addition to the flowsheet, Ascot has 10 years of metallurgical data from Westmin’s operations to attest to the mill’s efficiency.

“No amount of metallurgical testing or studies can compare to 10 years of metallurgical data,” White says.

The data reveal gold and silver recovery rates of 92% and 42%.

Ascot says Westmin’s use of a Pro-Pulse Jig — an older gravity separation process vulnerable to inefficiencies, if not used properly — may have limited recovery rates. The company adds that See ASCOT / 2

IMPERIAL METALS: ENDURES ROUGH QUARTER IN BC / 5

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Premier-Dilworth’s colourful history Though it was used as a hunting ground by the local Nisga’a people, the area’s vulnerability to attack from raiding Haida and Stikine warriors prevented them from settling there.

In 1898, more than a century after British naval officer George Vancouver explored the area, a Seattle con man named Burgess circulated a story that he had discovered a placer field at the head of the Portland Canal as rich as those being found in the Klondike. He chartered the Discovery ship, sold berths to 68 men for $25 a piece and set off from Seattle. A few days after arriving, he escaped on a native dugout canoe, leaving Stewart’s first settlers to fend for themselves.

Ascot Resources CEO Derek White (wearing orange) gives a tour of the Big Missouri zone at the company’s Premier-Dilworth gold project in B.C.’s Golden Triangle region. PHOTO BY COLIN DESMOND

Ascot looks to write Premier’s third chapter ASCOT From 1

metallurgical tests suggest modern gravity-separation techniques, such as a Knelson concentrator, could improve recoveries.

Ascot’s plans to revive Westmin’s old infrastructure do not end with the mill.

It has the option of tapping into the 31-megawatt Long Lake Hydro project — an upgraded version of the hydropower system used by the old Big Missouri mine. It plans to modify the Premier tailings dam, upgrade the old roads and refurbish the extensive underground workings at Premier and Big Missouri.

But to get there, Ascot needs to define a high-grade resource estimate in the fourth quarter.

“We have to get more ounces,” White says. “To feed that mill and get the use out of it, you need at least three mines running at the same time.”

The first of the three would be the Premier-Northern Lights area, which encompasses the old Premier mine site and underground workings. A May 2018 study pegged indicated resources at 1.2 million tonnes grading 7 grams gold per

D.J. Rainey was one of three men who remained after the failed venture. He built a homestead and registered it with both the U.S. and Canadian government, unsure which side of the border he was on.

Rainey then staked the area’s first lode mineral claims. He has been credited with discovering the Premier deposit, though Scotty Dilworth and the Buntin brothers staked the first claim in 1910.

Premier lay mostly dormant until 1919, when a Washington engineer led construction of a tunnel on the property. Within a month, the miners struck highgrade gold.

The Guggenheim family bought 52% of the project for $1 million and put the Premier gold mine into production. In the first two years, the ore averaged 120 grams gold per tonne and 4,000 grams silver per tonne.

Carbon-in-leach tanks in the old mill, built by Westmin Resources in 1989, at Ascot Resources’ Premier-Dilworth project. PHOTO BY COLIN DESMOND

tonne and 30.6 grams silver per tonne for a contained 273,000 oz. gold and 1.2 million oz. silver, at a cut-off grade of 3.5 gold-equivalent grams per tonne.

Ascot has focused on converting inferred resources to indicated re-

sources, mostly by infill drilling the 609 zone in the Premier-Northern Lights area. Fifteen holes have been completed there, highlighted by 9.6 metres of 24.6 grams gold per tonne at 240 metres’ depth.

Big Missouri and the nearby Martha Ellen and Dilworth deposits would make up the second mine.

A 2014 study pegged resources for these three zones at 93.5 million tonnes grading 0.8 gram gold per tonne and 6.9 grams silver per tonne, for a contained 2.5 million oz. gold and 20.8 million oz. silver.

Given Ascot’s focus on highgrade gold and recent exploration activity, the updated resource will likely look different.

White says recent infill drilling has led them to believe high-grade mineralization is occurring in three intervals at Big Missouri: near surface, from 160 to 180 metres’

The mine sparked a second boom in Stewart and Hyder, both of which experienced a population exodus during World War I. The mine site had its own self-contained town with a doctor, hospital and even a

depth and at 300 metres’ depth. The company is waiting for drill results from over 100 holes in the area.

This leaves Ascot’s most recent purchase, the Silver Coin property, for the third mine.

Ascot struck an agreement with Jayden Resources and Mountain Boy Minerals to acquire a 100% interest in Silver Coin on Aug. 13, meeting its goal of rebuilding Westmin’s old property portfolio.

Silver Coin is next to the Big Missouri project and easily accessible from the Big Missouri haul road.

It has underground infrastructure and side-hill access.

A 2013 resource counted inferred resources of 967,000 tonnes grading 4.4 grams gold per tonne and 19 grams silver per tonne. Westmin mined 103,000 tonnes grading 9.3

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swimming pool. The mine manager lived in a mansion with a Japanese garden.

Ore was originally transported by horse sleighs, but heavy snowfall made it an arduous and inefficient process most of the year. An 18 km long tramline with 250 baskets hauling 360 kilograms of ore each was built to speed things up.

The Premier mine produced 2 million oz. gold, 43 million oz. silver, 54 million lb. lead, 18 million lb. zinc, 4 million lb. copper and 178,000 lb. cadmium from 1919, until low metal prices forced its closure in 1952, making it one of the most productive mines in British Columbia’s history.

It remained largely inactive until 1981, when Westmin Resources began diamond drilling on the historic site.

At the time, Westmin was already two years into exploration activities at the historic Big Missouri mine, located 2.5 km north of Premier. Big Missouri was developed in 1927 by the Consolidated Mining and Smelting Co. of Canada (now part of Teck Resources). Like many other mines in the area, the reallocation of resources and manpower during World War II forced Big Missouri to end production in 1941.

In 1989, Westmin built a 2,000-tonne-per-day mill to process ore from the two historic mines. Over the next seven years, it churned out 260,000 oz. gold and 5 million oz. silver from 3 million tonnes of ore. In 1996, the mill was mothballed.

The late Stewart resident Ozzie Hutchings titled his 1978 local history book Stewart: the B.C.-Alaska Border Town That Wouldn’t Die. Certainly, the same can be said for the mine responsible for a large share of that history.

grams gold per tonne from Silver Coin in the late 1990s.

The deal still needs to be approved by Jayden Resources’ shareholders, which Ascot expects will happen in October. In the meantime, Ascot will conduct 2,000 metres of infill drilling on the property.

This will keep it on track to incorporate Silver Coin into the updated resource estimate in the fourth quarter.

White is optimistic about what the estimate will reveal.

“We hope to get at least a couple million more ounces with the new Big Missouri and Silver Coin resources,” he says. “That could give us what we need to get the maximum capacity from the mill.”

With the updated resource in hand, Ascot would publish a preliminary economic assessment shortly after. If all goes according to plan, it expects the mill will be up and running by early 2020.

Ascot expects it would take capital expenses of up to $60 million to get to production, or a tenth of what White says is the average cost to build a mine in the Golden Triangle.

The company has $15 million in the bank and a gravel-and-sand deposit it says can sell for $15 million. This leaves $30 million to get a mine at Premier-Dilworth up and running.

It should be an eventful fourth quarter for one of B.C.’s most storied mines. TNM

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A worker at a drill site on Giga Metals’ Turnagain nickel project in north-central British Columbia. GIGA METALS

BC’s highest NPV exploration projects BIG POTENTIAL

BY COLIN DESMOND cdesmond@northernminer.com VANCOUVER

Using the database of our sister company Mining Intelligence, The Northern Miner compiled the following list of British Columbia’s four exploration projects with the highest net present values (NPVs), as measured by project studies.

1. Wapiti River coal project NPV: $2.5 billion Led by CEO Naishan Liu, the private, Vancouver-based Dehua International Mines Group owns the Wapiti River coalfield near the town of Tumbler Ridge in northeast British Columbia. The company has tried to obtain financing to develop the first of three mines at Wapiti River.

Dehua has a minority stake in HD Mining, which owns the Murray River coal project, also near Tumbler Ridge in northeast British Columbia. In 2012, HD Mining made headlines after trying to bring 201 Chinese workers on temporary foreign worker permits to develop the Murray River mine. After a federal court ruled two Canadian unions could challenge HD Mining’s temporary foreign worker permits, Dehua’s investors withdrew their commitments to fund the Wapiti River project.

The only National Instrument 43-101 compliant technical report for the first mine at Wapiti River, produced in 2015, pegs resources at 560 million tonnes coal.

A study produced by a Beijing engineering company the year before projected the first mine would produce 10 million tonnes of coal per year for 46 years, resulting in a $2.5-billion net present value and a 29% internal rate of return.

In a 2016 financing presentation, Dehua said the first mine’s expected rate of return could be anywhere between 122% and 8,744%.

2. Huguenot coal project NPV: $1.5 billion On July 10, Vancouver-based Colonial Coal (TSXV: CAD; US-OTC: CCARF) reported highlights from an updated preliminary economic assessment of its Huguenot metallurgical coal project in the Peace River coalfield in northeast British Columbia. The full report will be released by the end of August, and comes five years after the first version was released.

Colonial Coal says the update shows a post-tax, $1.5-billion postroyalty net present value and 33% internal rate of return, based on a 7.5% discount rate and US$172-per-

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| Coal and base metal projects top the list

tonne coal price. The break-even coal price is an estimated US$120 per tonne.

Resources total 278 million tonnes of coal. The preliminary economic assessment lays out a plan to extract 95 million tonnes via an open-pit mine and 116 million tonnes from an underground mine. The company assumes a third party will front the cost for the Huguenot project connecting to the existing rail line south of Tumbler Ridge, and charge Colonial Coal an annual usage fee.

It expects other nearby projects to come online around the same time, and share up to half of that cost.

Management is pursuing financing opportunities for Huguenot, including a possible joint venture.

Shares of Colonial Coal are valued at 30¢ per share with a 52-week range of 9¢ to 40¢. The company has a $47-million market capitalization.

3. Record Ridge magnesium project NPV: $1.1 billion Calgary-based West High Yield Resources’ (TSXV: WHY; US-OTC: WHYRF) Record Ridge magnesium project is located just outside the town of Rossland in south-central British Columbia. The magmatic chromite deposit has resources totaling 43 million tonnes of 24.6%

magnesium for 11 million tonnes magnesium.

A 2013 preliminary economic assessment outlined a 1-milliontonne-per-year open pit mining operation over 42 years at Record Ridge, with initial capital costs of US$608 million. The study estimated an after-tax net present value of US$830 million and a 17% after-tax internal rate of return, assuming a 5% discount rate and US$1,100per-tonne price of electrofused magnesia — a refined product of magnesium oxide.

Last November, West High Yield Resources announced an agreement to sell the Record Ridge magnesium project for US$750 million to Maryland-based Gryphon Enterprises.

Few had heard of the Record Ridge deposit at the time, let alone the two companies involved in the deal.

The announcement lifted West High Yield Resources’ stock 1,000% that day, with the US$750-million price tag 46 times its market value the day before, and fourth on the list of 2017’s largest global mining deals. This caught the attention of Alberta’s securities regulator.

A month later, West High Yield Resources clarified Gryphon had not yet obtained the financing needed to complete the deal. The next day, the company ended the

deal when Gryphon failed to make a US$500,000 deposit.

On May 29, West High Yield Resources reported it has begun permitting for an initial operation at Record Ridge that would extract 500,000 tonnes of magnesiumrich serpentinite over two years.

It expects to receive a decision by December.

Shares of West High Yield Resources are valued at 36¢ per share within a 52-week range of 28¢ to $2. The company has a $22-million market capitalization.

4. Turnagain nickel project NPV: $940 million Giga Metals (TSXV: GIGA; USOTC: HNCKF), formerly Hard Creek Nickel, has been trying to advance the Turnagain nickel project in north-central British Columbia since 2004, steadily growing the large but low-grade resource to 865 million tonnes grading 0.21% nickel and 0.013% cobalt. That makes the project among the world’s largest undeveloped nickel sulphide deposits.

Turnagain’s 2010 preliminary economic assessment predicted a profitable but pricey open-pit mine — US$3 billion in capital expenses would return US$810 million in net present value (based on an 8%

Newly Discovered Zone in the Golden Triangle Aben Resources Ltd. (TSX-V: ABN) is a publicly traded Canadian GOLD exploration company with significant projects in BRITISH COLUMBIA, SASKATCHEWAN and the YUKON.

discount rate).

A team of metallurgists and advisors was assembled to help solve the project’s biggest hang-up: low nickel recovery that required a US$1.2-billion refinery. In 2011, they reached a breakthrough and eliminated the need for any building.

An updated preliminary economic assessment cut capital costs from US$3 billion to US$1.2 billion.

It envisions an open-pit mine producing 53 million lb. nickel and 3 million lb. copper per year for the first five years and 100 million lb. nickel and 5 million lb. cobalt for the next 16 years, after a US$555million expansion to the mill. That would result in a post-tax net present value of US$724 billion and a 14% internal rate of return.

Since then, not much has changed, though the company expects to publish a feasibility study in late 2019.

On July 11, Giga sold a 2% net smelter return royalty on all future metal production to Toronto-based Cobalt 27 Capital (TSX: KBLT; US-OTC: CBLLF) for US$1-million cash and US$9 million in Cobalt 27 shares.

Giga Metals shares last traded at 22¢ per share, within a 52-week range of 14¢ to 90¢. The company has a $10-million market capitalization. TNM

• Flagship Forrest Kerr Project located in BC’s Golden Triangle.

• Justin Project located adjacent to Golden Predator’s Project, Yukon.

• Chico Project located south of Seabee/Santoy mine, Saskatchewan.

Ph: (604) 639-3851 | Em: info@abenresources.com TSX-V: ABN | OTCQB: ABNAF Web: www.abenresources.com

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Kent, Munk shared Gold rebound could be in the making debt regrets METALS COMMENTARY

| Depressed prices may be attractive entry point for buyers

GOLD

| Mining legends of 1990s learned lesson the hard way

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t The Northern Miner, we like to think of ourselves as more than reporters of the latest news and commentaries about Canadian mining and mineral exploration.

As an institution dating back to 1915 and as co-founder of the Canadian Mining Hall of Fame, we also have a unique position in business media as chroniclers of the rich

BY JOHN CUMMING jcumming@northernminer.com history of the Canadian mining industry and its colourful characters.

In that spirit, we are presenting on our Northern Miner Podcast in August a three-part interview series by senior staff writer Trish Saywell carried out on the sidelines of the Prospectors & Developers Association of Canada convention in Toronto in March 2018 with legendary mining executive Margaret “Peggy” Kent, who let us know “there are a few of us still left around the industry who have seen it all and done it all.”

Kent rose to Canada-wide prominence in the early 1990s as Peggy Witte in her role as CEO of gold miner Royal Oak Mines, which grew to become a major producer, with mines spanning the country.

A downturn in gold and copper prices humbled the debt-laden company, eventually forcing it into a painful receivership in the mid1990s — but not before the company gained mainstream notoriety for environmental issues and labour problems at its Giant gold mine in Yellowknife, N.W.T., which culminated in a striking miner murdering replacement workers using explosives underground.

Now in her 60s, as she sat down with us to share what wisdom she had gained over the years as a top-level mining professional, Kent readily admits that even today, “some people love me and some people hate me.”

Within Canadian business circles, Kent was particularly prominent during Royal Oak’s outsider bid for LAC Minerals — which was ultimately acquired by Peter Munk’s Barrick Gold, in a purchase that was a major stepping stone to Barrick becoming the world’s biggest gold miner.

Kent told Saywell during the interview that Peter Munk — then in his final days — was the mining entrepreneur she most admired.

After Munk’s death in late March, in our own retelling of his remarkable life, the biggest regret in his career was Barrick taking on too much debt, particularly in its acquisition of Equinox Minerals in 2011 that left the company overexposed when gold and copper prices dived only a few years later.

“I always seemed to be, for a long time, in the wrong place at the wrong time,” Kent said of her own brushes with mining’s fickle nature.

“When I was young I was very feisty. I wanted to be the contrarian.

“As you get older, you realize that there are metals cycles. Everyone is in euphoria at the top of the metals cycle. But at the top of the metals cycle isn’t the time to finance a project, or to put a project into production.”

She said having to file Royal Oak through the insolvency process “gave me a whole new perspective on life. I was no longer a naive mining professional, like I see a lot of them still are out there. My world came crashing down.”

Emphasizing that all her various companies’ decisions were approved by their boards, she did concede she “took too much risk …

I’d been burned. You wake up and you don’t have friend in the world.

You don’t have anyone who will come in and save you.”

She recalled other mining and financial executives she had considered friends who withdrew from her and refused to help, and instead sat back waiting for Royal Oak’s demise to pick up assets on the cheap.

Today, as chairman of junior grassroots explorer Stratabound Minerals, Kent is content to be out of the production game and instead involved in a relatively simple gold promotion in the Yukon named Golden Culvert. It’s much smaller scale than her previous feats, but could bring substantially better financial leverage to her closest supporters if the property indeed proves to host a substantial gold deposit.

“At my age, I can’t be the road warrior I used to be, on the road two weeks out of every month, pounding the pavement to sell the stock. My strength right now is in the development field, it’s not in the production field.” TNM — Listen to the three-part podcast series for free at www.northernminer.com.

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

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

COMPANY INDEX Aben Resources. . . . . . . . . 7 Alio Gold. . . . . . . . . . . . . . 14 Americas Silver . . . . . . . . 13 Anglo American. . . . . . . . 6 Ascot Resources. . . . . . . . . 1 Blue Sky Uranium. . . . . . . 1 Cobalt 27 Capital. . . . . . . . 3 Colonial Coal. . . . . . . . . . . 3 Dehua International Mines Group. . . . . . . . . . 3 Evrim Resources . . . . . . . 13

Excellon Resources. . . . . 13 Giga Metals. . . . . . . . . . . . . 3 Imperial Metals . . . . . . . . . 5 Jaguar Mining. . . . . . . . . . . 6 Kirkland Lake Gold. . . . . 15 McEwen Mining . . . . . . . 15 Mexican Gold. . . . . . . . . . 13 Minera Alamos. . . . . . . . 13 New Gold . . . . . . . . . . . . . 16 Prospero Silver. . . . . . . . . 13 Sierra Metals. . . . . . . . . . . . 9

Silver Bull Resources. . . . 13 SilverCrest Metals . . . . . . 14 Starcore International Mines. . . . . . . . . . . . . . . . . 13 TMAC Resources. . . . . . . . 8 Torex Gold Resources. . . . 9 Treasury Metals. . . . . . . . 15 West High Yield Resources. . . . . . . . . . . . . 3

The following is an edited excerpt from the World Gold Council’s latest Investment Update. To read the full report, visit www.gold.org.

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n Au g u s t g o l d fe l l t o a 20-month low amid sharp emerging market currency depreciation. At these levels, we believe the gold price may bounce back. Consumer demand is likely to be supportive in the second half. And short positioning may quickly reverse should one of the many current macroeconomic risks materialize, increasing investment demand.

The gold price lost 3% during the first half of August, a downturn that was exacerbated by gold’s fall below US$1,200 per oz. — an important technical support level — for the first time since early 2017.

Gold was propelled down by the strength of the U.S. dollar against both developed and emerging market currencies, particularly, a weakening of the Chinese yuan first and Turkish lira later. In fact, the dollar’s strength has helped drive gold’s performance this year, as confrontational trade rhetoric and sanctions have so far favoured the United States.

In addition, both the European Central Bank and Bank of Japan have delayed policy rate hikes, increasing differentials between interest rates in the United States.

But gold may rebound due to both technical and fundamental reasons.

Unusually ‘short’ market Gold speculative positioning in futures markets is increasingly short. CME managed money net long positions stand at a record low since 2006 — when data was first broken down by investor type. Net combined speculative positions, which go back further, are negative for the first time since December 2001.

In recent years, a large increase in short positions has been followed by a sharp rally in gold.

And while net shorts were more prevalent in previous decades, there have been structural changes that make these positioning levels different and likely shortlived. Among them are: • Economic development i n emerging markets, especially China and India, has increased and diversified gold’s consumer and investor base, as the combined share of annual demand of those two markets has doubled over the past 20 years from 25% to 50%.

• For almost a decade, the expansion of emerging market foreign reserves has resulted in net gold demand by central banks — about 500 tonnes per year — as a source of return, liquidity and diversification.

• Gold production hedging has also changed dramatically, as miners have not only reduced forward sales, but also consistently de-hedged their cumulative positions since 2000.

• The opportunity cost of holding gold is considerably lower, as nominal and real interest rates are 3% below their average level during the 1990s.

But a bounce back in the gold price can only be sustained if there are fundamental reasons to

encourage consumers and longterm investors to seek exposure to gold.

Financial market risks remain Many market participants have questioned why gold has failed to benefit from recent market turmoil.

In reality, gold has indeed allowed non-U.S. investors to hedge risks associated with a depreciating currency — for example, the euro, Chinese yuan or Turkish lira, to name a few.

Historically, risks that have been contained within an industry or region — even with an accompanying surge in local gold demand — have not been enough to push the gold price higher in U.S. dollar terms. Yet when these risks become widespread, flight-to-quality flows have resulted in higher dollar-gold prices and lower portfolio losses.

So far market volatility has been relatively low, yet investors remain wary. An example of this can be seen by the increase in flows from equity to bond funds over recent months, as well as the consistent flattening of the bond yield curve in the United States. And there are good reasons: • The current U.S. expansion is the second longest in history. It has delivered the longest stock bull market in modern times, pushing valuations to multi-year highs, while real rates remain subdued.

• So far, effects of trade sanctions have affected emerging markets — such as China or Turkey — but expanding or maintaining sanctions for a longer period will likely damage global growth.

• Developed market economies are heating up. Increasingly nationalistic economic policies in many countries, combined with a desire by some governments, if not central banks, to maintain competitive currencies by means of low interest rates, may result in higher inflation.

• Although European economies are expanding, risks — ranging from Brexit negotiations to financial institutions’ exposure to emerging market debt — may create a spillover effect that, to date, has been averted.

The past has shown that any of these risks can be the catalyst that elicits strong investment demand.

Consumers and long-term investors can provide more support for gold going forward.

Gold’s recent price pullback will likely support consumer demand, as, historically, lower prices have increased jewellery buying. For investors, gold’s current price range may offer an attractive entry level.

Chinese demand has proven resilient so far in 2018. The rise in investment demand in the second quarter has been linked in part to the depreciation of the yuan, as gold is often used as a currency hedge. This trend has continued into the third quarter, with increasing volumes in Shanghai and robust inflows in Chinese-listed, exchange-traded funds over recent weeks.

In India, gold premiums are now positive again, showing a tilt towards buying. And while the monsoon has brought devastating floods to parts of south India, expectations remain positive for the second half, as consumers prepare for their traditional buying. TNM

2018-08-28 9:41 PM

GLOBAL MINING NEWS

THE NORTHERN MINER / SEPTEMBER 3–16, 2018

5

Imperial Metals’ Red Chris copper-gold mine in northern British Columbia. IMPERIAL METALS

Imperial Metals records $28M loss on strike, operating issues BC COPPER-GOLD

BY TRISH SAYWELL tsaywell@northernminer.com

A

strike at Imperial Metals’ (TSX: III) Mt. Polley copper-gold-silver mine in central B.C. and lower copper recoveries at its Red Chris copper-gold mine in northwestern B.C. in the second quarter will cut production targets this year, president and CEO Brian Kynoch said during a conference call.

The company has also postponed expenses on a number of capital projects budgeted for the first half of 2018 to the second half of the year, or into 2019.

Imperial recorded an adjusted net loss in the second quarter of $27.8 million (24¢ per share), compared with an adjusted net loss of $21.8 million (23¢ per share) in the comparative 2017 quarter. Revenues in the June quarter fell 24.9% year-on-year from $106.7 million to $80.1 million.

At the end of June, Imperial had $15.5 million in cash, in addition to $15.6 million in available capacity for future draws under a senior-secured revolving credit facility, and $10 million undrawn on a 2017 line of credit loan facility.

A working capital deficiency of $791 million in the June quarter includes debt of $723 million related to the senior credit facility and the second line of credit facility, which mature in the fourth quarter of 2018, and the senior unsecured notes, which mature in March 2019, Andre Deepwell, the company’s chief financial officer, told analysts and investors on the call.

“We are in discussions with our lenders and continue to work on financing alternatives and solutions for this debt,” Deepwell noted. “However, we cannot make any definitive comments at the present time. During 2018, payment of interest for certain debt facilities is being paid in common shares of the company until Dec. 31, 2018, resulting in cash savings of approximately $16 million per annum.”

CIBC has cut its 12- to 18-month target price on the stock to 90¢ from $1.90 per share, and reiterated its “underperform” rating on the company.

In a research note to clients, CIBC

1-16, 23_SEPT3_Main .indd 5

| Postpones expenses on capital projects

“OPERATING EXECUTION AT THE RED CHRIS MINE IS OF UTMOST IMPORTANCE FOR IMPERIAL, GIVEN ITS DEBT MATURITY SCHEDULE [FOURTH-QUARTER 2018 AND FIRST-QUARTER 2019] AND THE ASSET’S IMPORTANCE TO THE COMPANY’S FUTURE.” OSCAR CABRERA AND RAPHAEL DE SOUZA ANALYSTS, CIBC

analysts Oscar Cabrera and Raphael de Souza observe that “operating execution at the Red Chris mine is of utmost importance for Imperial, given its debt maturity schedule (fourth-quarter 2018 and first-quarter 2019) and the asset’s importance to the company’s future.” The analysts estimate that Red Chris accounts for 82% of Imperial’s operating and development net asset value.

Chris accounts for 82% of Impe-

rial’s operating and development net asset value.

At Red Chris, metal production in the June quarter was 11.51 million lb. copper and 8,614 oz. gold, down 25% and up 40%, respectively, from the second quarter of 2017.

Metal recoveries were 72.96% copper and 43.94% gold, a decrease of about 4% and an increase of about 16%, respectively, from the comparable 2017 quarter.

Throughput at Red Chris was

down from 2.7 million tonnes in the second quarter of 2017 to 2.52 million tonnes in the 2018 quarter.

The rate was impacted by the failure of a trunnion bearing in the ball mill, resulting in six days of mill downtime in May. CEO Kynoch said a recently acquired, $15-million PC7000 electric excavator that is being commissioned — about a month later than planned, because the shovel took longer than expected to arrive —

should help increase mining productivity at Red Chris.

“As soon as the new excavator is up and running, and that should be in the next couple of days, and we run it for a week or two to prove that its capacity will increase our mining productivity, we’ll generate a new mining plan for the rest of the year, and we’ll look at adjusting that plan to try and reach the higher grade sooner,” Kynoch said. “And then, when we have all that done, we’ll give an update on our production targets.”

Meanwhile at Mt. Polley, where a strike lasted from May 23 until Aug. 2, 1.58 million tonnes were milled in the second quarter, down from 1.69 million tonnes in the same quarter of 2017. Mt. Polley produced 3.82 million lb. copper, down from 5.6 million lb. in the year-earlier period. TNM

Western Canada’s Leading Steel Coal Developer

Colonial Coal International Corporation (CCIC) is a publicly traded pure-play coking coal development company. The company currently has total interest in two resource stage coal properties in the Peace River Coalfield in northeastern British Columbia, Canada.

In 2012, CCIC reported 189 Mt of Measured & Indicated plus 194 Mt of Inferred resources of coking coal on the Huguenot property. A positive PEA for a combined open

pit and underground mining operation was completed in 2013.

This study was up-dated with improved economics in January 2018.

COLONIAL COAL INTERNATIONAL CORPORATION

The development focus in 2017 was on the Flatbed property. In January of 2018 the company published a NI 43-101 compliant Inferred resource of 298 Mt of coking coal.

CONTACT:

1-604-568-4962 saustin@ccoal.ca WEB: www.ccoal.ca

PH:

EM:

TSX-V:CAD

2018-08-28 9:41 PM

6

WWW.NORTHERNMINER.COM

SEPTEMBER 3–16, 2018 / THE NORTHERN MINER

Jaguar Mining CEO resigns, company cuts guidance for 2018 GOLD

BY TRISH SAYWELL

S

tsaywell@northernminer.com

hares of Jaguar Mining (TSX: JAG) lost a third of their value in mid-August after the abrupt resignation of the company’s CEO Rodney Lamond, along with news the junior gold miner has cut its 2018 production guidance to a maximum 85,000 oz. gold from the previous range of 90,000 to 105,000 oz. gold.

“Rod’s resignation is bad news — he must have felt it was getting hopeless,” says an industry observer familiar with the company.

Lamond joined Jaguar in late 2015 and became CEO the next year.

Jaguar conveyed the news, along with the company’s second-quarter results, in a press release on Aug. 15.

Replacing Lamond as interim CEO is Benjamin Guenther, who was appointed to the company’s board in November 2017 and is the chairman of its technical committee.

Jaguar’s troubles come from geotechnical issues at its Turmalina mine in the state of Minas Gerais.

“We had some geotechnical issues in the stoping area that has higher grade, and because we didn’t have a good inventory of developed reserves in front of us, we had to change our schedule and start mining areas where we really weren’t fully prepared, and in a lowergrade area of the mine, and hence the grade has been lower than we planned, and performance has been lower than we planned,” Guenther says of Turmalina.

The company had to back out of

| Technical problems dog Turmalina mine in Brazil

“WE WERE SEEING STRESS ON THE GROUND SUPPORT AND SOME MOVEMENT, AND WE DECIDED THAT IT REQUIRED US TO CHANGE OUR MINING SEQUENCE AND MINING PLAN, SO IT CAUSED US PROBLEMS IN THE SECOND QUARTER. BENJAMIN GUENTHER INTERIM CEO, JAGUAR MINING

the high-grade stope due to rock mechanics. “We were seeing stress on the ground support and some movement, and we decided that it required us to change our mining sequence and mining plan, so it caused us problems in the second quarter,” he says.

To sort things out, the company has appointed Kevin Weston as vice-president of operations. The mine engineer has helped turn around a number of operations, the company says, including the Kemess open-pit mine in B.C., which moved from receivership into a viable operation.

Weston’s plan is to modify the mining approach by minimizing the number of unfilled open stopes.

The company plans to convert from blind back stopes to cut-and-fill stoping below sill pillars to ensure minimal exposure from unfilled stope walls and strict adherence to backfilling in the stoping cycle to lower unfilled open stopes, it says.

Other near-term priorities include using top-down drilling to

ensure quality control, lowering dilution, improving mine recovery and backfilling with waste rock.

(The paste backfill plant has been commissioned and paste backfilling has begun in the upper levels of the mine.)

The game plan also involves better blasting techniques to lower vibration into the rock mass, and improving ore-control drilling, planning and execution.

“We’ve got a detailed plan for the remainder of the year that we believe will get us to about 80,000 to 85,000 oz. gold guidance, and over the period of the next few quarters, we should be able then to start improving the mine inventories to give the mine more flexibility,” Guenther says. “It’s not gloom and doom. We’re optimistic about our future.”

Meanwhile, at its other mine in Brazil, called Pilar, the company is performing well and is on track to meet the high-end production guidance of the year of 30,000 to 45,000 oz. gold, Guenther says.

“It’s improving as the year has gone on,” Guenther says of Pilar.

“The team and operations are performing very well. It not only has a good production rate, but it also has a good inventory of developed reserves in front of itself to sustain production.”

During the second quarter, Jaguar produced a total of 18,819 oz. gold, down from 19,769 oz. in the same period a year ago.

Consolidated all-in sustaining costs grew 1% year-on-year to US$1,277 per ounce.

The company posted a US$6.1million gross profit (up 139% from the year-earlier quarter) on revenue of US$22.9 million, down 2% yearon-year.

At the end of June, Jaguar’s had US$9.2-million cash on its balance sheet, compared with US$18.6 million at the end of December 2017.

The Turmalina and Pilar underground mines (along with its Roca Grande underground mine, now on care and maintenance, and the Caete plant) are situated in Brazil’s Iron Quadrangle, a prolific greenstone belt in Minas Gerais.

Pilar is 50 km east of Belo Horizonte and Turmalina sits 130 km northwest of the city.

The company has just over 250 sq. km in the Iron Quadrangle — an area of mining and mineral exploration dating back to the sixteenth century.

Guenther notes that while neither Pilar nor Turmalina have a long mine life based on reserves, their location is a major plus.

“The trends in the Iron Quad-

rangle tend to be very continuous at depth, so my feeling is they have a long life in front of them,” he says.

Jaguar also owns the Paciencia gold mine, which has been on care and maintenance since 2012. Jaguar bought the mine — 50 km southwest of Belo Horizonte — from Anglo American (LON: AAL) in 2005.

The company also owns the Roca Grande Mine, which has been on temporary care and maintenance since April 2018. (The problems at Roca Grande have to do with a 4- to 8-metre oxide cap that sits on the orebody, and is saturated with water.)

Barry Allan of Laurentian Bank Securities cut his target price on the company from 65¢ per share to 35¢ per share, after Jaguar lowered its 2018 guidance.

In a research note released on Aug. 15 entitled “Ship has not turned, and the captain is gone,” the mining analyst noted that the Turmalina mine “continues to be problematic,” and that he has “materially lowered” his expectations.

“Mine dilution at the Turmalina mine remains a problem,” he says.

“While there is an expectation that better control over the mining method [labour] should help alleviate the amount of mine dilution, we have materially lowered our grade expectations for future production — preferring to take a ‘show me’ approach, given the duration that this problem has existed.”

At press time Jaguar’s shares were trading at 20¢ within a 52-week high of 41¢ per share in March, and a 52-week low of 18¢ on Aug. 17. TNM

Blue Sky prepping for PEA at Ivana in Argentina BLUE SKY From 1

ing plant. The process would help Blue Sky identify and reject more unmineralized material, lowering potential transportation costs from site to a processing plant.

Though not exposed at surface, Blue Sky’s deposit sits within 24 metres of surface, and is modelled as two stacked zones.

The upper zone averages 2.6 metres thick, but can get as thick as 10 metres. The lower zone averages 6.2 metres thick, but can get as thick as 20 metres. The zones usually appear together, although in some spots there is only one.

Terry says in some areas the deposit is up to 20 metres thick, and occurs in a flat area. He says it’s

hosted in unconsolidated sands and gravels that would create have a low strip ratio.

“It’s very easy digging material,” Terry says. “And obviously a great place for the development of a mining operation. It could be a very low impact and low-cost type of activity.”

The current deposit covers 5 km of a 140 km long uranium trend.

It is open to the north and south.

The trend hosts two other known uranium-vanadium occurrences: Anit and Santa Barbara. Blue Sky has drilled both properties, although it does not yet have a resource estimate for either. All the properties can be accessed by gravel roads.

To prepare for its step-out reversecirculation drilling campaign, Blue

Sky has auger drilled as much as 8 metres below surface to both recover new material and create room for a radiometric probe, which it sent down to detect more mineralization.

It will undertake reverse-circulation drilling on the edges of the deposit in late August.

As one of the few uranium explorers in Argentina, Blue Sky hopes it can position itself for success.

“There has been development of uranium resources in the past in Argentina, although there’s none currently in operation, and there hasn’t been for several decades,” Terry says.

“But they certainly want to develop a domestic supply, and so we believe that a company that gets into production in Argentina will have

a ready-made market for that uranium domestically. Obviously our goal would be to develop uranium for export, as well.”

He calls Argentina one of the most nuclear-developed countries in South America, adding that it has three reactors in operation, with one more in construction and several in the planning stages.

The only other South American country with nuclear reactors is Brazil. It has two, with one under construction. There are no nuclear reactors in Central America.

In North America, Canada has 19 reactors with none under construction, while the U.S. leads the way globally with 99 reactors and two under construction. Mexico has two operable reactors.

“Argentina actually builds small, 20-megawatt-scale reactors, and there are a number of them in operation throughout the country,” Terry says. “They sell them abroad.

They’re very active in the nuclear industry.”

Shares of Blue Sky are valued at 14¢ with a 52-week range of 11¢ to 32¢. The company has a $15-million market capitalization.

“I don’t think there’s much doubt that the uranium price has to go up in the future for a lot of the current mines to operate and new mines to be brought on,” Terry says.

“That spot market ‘drying up’ will be it. As there’s less and less available on the spot market, that price will have nowhere to go but up.” TNM

Upcoming Feature Issue:

Mining in Quebec Closing date: September 21st, 2018

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Sales Manager

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2018-08-28 9:41 PM

GLOBAL MINING NEWS

THE NORTHERN MINER / SEPTEMBER 3–16, 2018

7

Aben Resources adds Eric Sprott as strategic shareholder BC GOLD

| Cash infusion will expand 2018 drill program

BY TRISH SAYWELL

A

tsaywell@northernminer.com

ben Resources (TSXV: ABN; US-OTC: ABNAF) is expanding its exploration and drilling program this year at its Forrest Kerr gold project in B.C.’s Golden Triangle, with the help of a $2-million investment from financier Eric Sprott.

The financing follows assays released earlier this month from the first drill hole of the year, which returned four high-grade intervals within 190 metres downhole, including 62.4 grams gold over 6 metres within 38.7 grams gold over 10 metres from 114 metres downhole.

The highest-grade zone in hole 1810 cut 331 grams gold per tonne over 1 metre from 118 metres downhole.

Sprott is subscribing for 2.75 million units at 30¢ apiece (each unit consists of one share and one warrant to buy another share at 45¢ per share within two years).

In addition to Sprott, Palisade Global Investments is subscribing for 2.75 million units and Venture Ad Network for 600,000 units.

“This new infusion of capital will now allow us to expand our 2018 program and stay in the field longer this year,” Jim Pettit, Aben’s president and CEO, tells The Northern Miner.

The 230 sq. km project is in northwestern B.C. and situated along the Forrest Kerr Fault, which consists of a 40 km long, north–south belt overlying rocks of the Hazelton and Stuhini Groups — a complex assemblage of volcanic accumulations, with intervening sedimentary sequences that host significant gold deposits in the Golden Triangle region.

Hole 18-10 was collared in the project’s North Boundary zone, where drilling late in the season last year found precious and base metal mineralization. The hole is 230 metres north of the historic highgrade drill hole Noranda drilled in 1991 that cut 326 grams gold over 0.5 metre.

“We are now looking at an area that extends 230 metres south to the historic, high-grade Noranda drill hole from 1991, and although the geology is complex, we believe more drilling will delineate additional high-grade mineralization,” Pettit says. “The target areas in and around the Boundary Zone are relatively shallow and continue to provide strong discovery potential, as we look to value-add the project using a systematic exploration methodology.”

The North Boundary zone — located near the centre of the property — is open in multiple directions, with numerous soil geochemical anomalies yet to be drill-tested. The zone displays continuity for gold, silver and copper mineralization and is open to the east, west, north and down-dip.

Last year, fieldwork and drilling in the North Boundary zone yielded intervals including 6.7 grams gold, 6.4 grams silver and 0.9% copper over 10 metres, including 18.9 grams gold, 16.6 grams silver and 2.2% copper over 3 metres in hole 17-4.

Hole 17-5 cut 21.5 grams gold, 28.5 grams silver and 3.1% copper over 6 metres.

The Boundary Zone lies between the Forrest Kerr Fault to the west, a major deep-seated crustal feature, and the unconformable contact between the Jurassic Hazelton Group

1-16, 23_SEPT3_Main .indd 7

At Aben Resources’ Forrest Kerr gold project in B.C., from left: director Timothy Termuende, CEO James Pettit and VP of exploration Cornell McDowell. ABEN RESOURCES

“THE BOUNDARY ZONE IS SHAPING UP TO BE MUCH BIGGER THAN WE HAD ORIGINALLY HOPED, AND WITH MORE DRILLING AND FIELDWORK, WE CAN BEGIN TO REALIZE ITS TRUE NATURE AND SIZE.” JIM PETTIT PRESIDENT AND CEO, ABEN RESOURCES

and the Triassic Stuhini Group to the east. The rock reflects a history of hydrothermal activity and brittle deformation.

“The Boundary Zone is shaping up to be much bigger than we had originally hoped, and with more

drilling and fieldwork, we can begin to realize its true nature and size,” Pettit says. “The geology is complex, and more drilling will help our understanding. We are expanding the North Boundary Zone and this is just the beginning.”

Aben has agreements to earn a 100% interest in the total land package by June 2020, with $3-million in exploration.

Historic exploration on the property included 130 drill holes (20,000 metres), as well as 19,400 soil samples, 2,200 rock samples and 500 silt samples.

The junior has a strong management team. Before joining Aben in November 2002, Pettit was chairman and CEO of Bayfield Ventures, which was acquired by New Gold (TSX: NGD; NYSE-AM: NGD) in 2014.

The company’s chairman, Ronald Netolitzky, was inducted into the Canadian Mining Hall of Fame in

2015. Over more than 40 years in the industry, Netolitzky has been directly associated with three major gold discoveries in Canada that went into production: Eskay Creek, Snip and Brewery Creek.

Netolitzky describes Forrest Kerr’s multiple mineralized zones associated with mesothermal veining and next to major structural breaks as “very encouraging.”

At press time, Aben’s shares were trading at 37.5¢ within a 52-week range of 11¢ (December 2017) to 49.5¢ (September 2017).

The junior has 81.5 million common shares outstanding for a $30.6-million market capitalization. TNM

2018-08-28 9:42 PM

8

WWW.NORTHERNMINER.COM

SEPTEMBER 3–16, 2018 / THE NORTHERN MINER

TMAC Resources’ Doris gold mine in Nunavut. TMAC RESOURCES

TMAC posts mixed Q2 results GOLD

BY TRISH SAYWELL

T

tsaywell@northernminer.com

MAC Resources (TSX: TMR) posted a net loss of $10.3 million (11¢ per share) in the second quarter and warned there might be a risk of breaching certain debt covenants within the next year, due to the slow release of restricted cash, unscheduled downtime in July — associated with integrating the second concentrator line at its Doris mine in Nunavut — and a decline in the gold price.

Nevertheless, the company has made progress at the mine under the company’s new president and CEO, Jason Neal. The former investment banker joined TMAC in mid-February and can point to some early successes — including better recoveries in the plant and

THE PERFECT

GIFT

| NIRB recommends permits for Madrid-Boston project in Nunavut

approval from the Nunavut Impact Review Board and the Nunavut Water Board to recover 16,000 tonnes of 17.2 grams gold per tonne from the crown pillar, which should start in the fourth quarter.

The NIRB has also recommended to Crown-Indigenous Relations and Northern Affairs Canada that TMAC’s proposed Madrid-Boston project should be permitted to proceed, which Neal says “is a key to medium-term value generation at TMAC that comes with development of the second, third and fourth mines at Hope Bay.” (The Madrid and Boston properties are expected to start producing in 2020 and 2022.)

The Doris mine achieved commercial production in the second quarter of 2017, but plant recoveries in the first quarter of 2018 averaged only 71%.

In the second quarter, recoveries rose to 76% in April, 83% in May and 85% in June, for an 82% average.

“The mid-80s is not our target, and the long-awaited installation of six new gravity concentrators is underway and is expected to be completed by the time we have our third-quarter conference call,” Neal said during an Aug. 13 conference call with analysts and investors.

“The target recovery with these plant upgrades is 90%.”

During the three months ended June 30, the company also started putting material tonnage through the second concentrator line to ramp up to 2,000 tonnes per day of throughput.

Cash costs in the second quarter came in at US$928 per oz. and allin sustaining costs were US$1,642 per ounce.

“WE HAVE ALMOST INEXHAUSTIBLE EXPLORATION POTENTIAL, INCLUDING EXPANDING EXISTING DEPOSITS, NEARMINE TARGETS AND THE REGIONAL POTENTIAL FOR AN 80- BY 20-KILOMETRE BELT.” JASON NEAL PRESIDENT AND CEO, TMAC RESOURCES

Neal noted the company “has had some challenges in the ramp-up, with greater-than-expected downtime and instability with the corresponding impact on recoveries,” but that the company’s progress “has been much quicker and our challenges far less severe than the initial ramp-up of the first concen-

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trator line.”

All the improvements contributed to a record gold pour in the second quarter of 25,970 oz. gold, up 38% from the first quarter.

At the same time, underground mine development is progressing in the Doris Connector and Doris BTD zones, which is needed to support the planned ramp-up of plant throughput to its design capacity of 2,000 tonnes per day, Neal said.

Looking ahead, he said the most significant step forward will be the installation of six gravity concentrators in August, September and October that are designed to improve recoveries to 90% in the fourth quarter.

For the full year, TMAC expects to mine 420,000 to 470,000 tonnes, but has lowered the targeted grade from 11–14 grams gold per tonne (estimated in January) to 10–11 grams gold per tonne, based on adjustments to mine sequencing, including the deferral of some mining of the Hinge zone at Doris to 2019, as well as more conservative dilution assumptions.

Neal concluded the call with talk of Hope Bay’s exploration upside.

“We have almost inexhaustible exploration potential, including expanding existing deposits, nearmine targets and the regional potential for an 80- by 20-kilometre belt,” he said. “Doris, Madrid and Boston represent more than 95% of drilling at Hope Bay, historically, because they outcropped at surface.

We certainly have the prospect to generate exploration-driven growth in mineral inventories and shareholder value once drills turn more aggressively.”

The Hope Bay property has measured and indicated resources of 4.91 million oz. gold at an average grade of 8.6 grams gold. Inferred resources total 1.69 million oz. gold at an average grade of 7.1 grams gold. TNM

2018-08-28 9:42 PM

SPECIAL FOCUS

MEXICO First Majestic Silver’s Del Toro silver mine in Zacatecas state. FIRST MAJESTIC SILVER

Torex bounces back after blockade in Guererro GOLD

| Good results in H1 despite mine disruptions

BY TRISH SAYWELL tsaywell@northernminer.com

tax discount rate of US$214 million for an anticipated 550% return on investment and a less than threeand-a-half-year payback period.

Life-of-mine metal production over an 11-year mine life is expected to be 86,472 oz. gold, 7.01 million oz. silver and 114,537 tonnes copper.

The study is based on mineral resources as of July 5 — excluding drilling after that date. Sierra continues to conduct brownfield exploration programs and expects to grow the resource this year.

See SIERRA METALS / 10

See TOREX / 12

The mill at Sierra Metals’ Bolivar copper-silver-gold mine in Chihuahua, Mexico. SIERRA METALS

Sierra Metals executes turnaround plan

OPERATIONS

| Cusi and Bolivar mines on budget and hitting production rates

BY TRISH SAYWELL

I

tsaywell@northernminer.com

t’s not often that a mining company releases three preliminary economic assessments on three different mines in two months.

But that’s what Sierra Metals (TSX: SMT; NYSE-AM: SMTS) accomplished in June and July when it completed studies on expanding output at its two mines in Mexico — Bolivar and Cusi — and at a third mine, Yauricocha, in Peru.

In Mexico, the two mines are situated in the state of Chihuahua.

Bolivar, an underground coppersilver-gold mine, 400 km south of Chihuahua, started commercial production in November 2011 and has reserves for a seven-year mine life.

Cusi, a silver-lead-zinc-gold underground mine, 135 km southwest of Chihuahua, started commercial production in January 2013, although it is still considered in the development stage, as most production comes from development rock.

In the three months ended June 30, Bolivar produced 4.74 million lb. copper, 110,000 oz. silver and 911 oz. gold, while Cusi produced 190,000 oz. silver, 287,000 lb. lead and 96 oz. gold.

The PEA Sierra released on Bolivar in July evaluated how the mining operation could be adapted to lift mine production and mill throughput from 3,000 tonnes per day to 3,600 tonnes per day by March 2019, and subsequently to 5,000 tonnes per day by mid-2020, based on current metal prices.

The Piedras Verdes plant, 5.1 km from Bolivar, uses a conventional crushing-milling-flotation circuit to recover minerals and produce copper concentrates with silver and gold by-product credits.

The current tailings storage facility has the capacity to store tailings

1-16, 23_SEPT3_Main .indd 9

“WE CONTINUE TO MODERNIZE OPERATIONS, IMPROVING PRODUCTION AND LOWERING COSTS, WITH FURTHER BENEFITS EXPECTED TO CONTINUE.” IGOR GONZALES PRESIDENT AND CEO, SIERRA METALS

until the end of 2019.

The PEA outlines life-of-mine capex of US$96 million that includes building a much larger tailings facility.

The base case in the study uses metal prices of US$1,291 per oz. gold, US$18.25 per oz. silver and US$3 per lb. copper, and calculates a net present value at an 8% after-

D

espite a blockade of its El Limon-Guajes gold mine complex in southwestern Mexico from November 2017 until early April 2018, Torex Gold Resources (TSX: TXG) put out solid results over the last six months.

The company reported 75 days of partial operations in the first quarter due to the blockade and challenging operating conditions, and yet produced 67,000 oz. gold in doré in the three months ended March 31. Another 8,000 oz. gold were shipped in carbon fines.

In the second quarter ended June 30, Torex produced 78,796 oz. gold in doré and another 1,300 oz. in carbon fines.

The blockade began on Nov. 3, 2017, when a group of 20 unionized workers demanded a change in labour union. Torex told the workers earlier that day that it did not have the authority to change the union and that any changes had to go through the government. The blockade ended on April 6.

Processing operations have con-

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Sierra Metals executes turnaround plan SIERRA METALS From 9

Bolivar has indicated resources of 13.3 million tonnes grading 23 grams silver per tonne, 1.04% copper and 0.30 gram gold per tonne for a 1.37% copper-equivalent grade of 402 million lb. copper-equivalent.

Probable reserves measure 7.93 million tonnes grading 19 grams silver, 0.86% copper and 0.25 gram gold for a 1.14% copper-equivalent grade and contained metal of 199 million lb. copper equivalent.

At Sierra’s Cusi mine, meanwhile, a PEA completed in June examined increasing mill throughput from the current 650 tonnes per day to 1,200 tonnes per day by the end of the first quarter of 2019, and then boosting that to 2,700 tonnes per day in 2021.

The Mal Paso plant, 44 km from Cusi, is a conventional crushingmilling-flotation circuit, like the mill at Bolivar. It produces lead-silver and zinc concentrates.

The PEA assessed raising Mal Paso’s processing capacity to 1,200 tonnes per day in 2019 and building a new plant closer to the mine at Cusihuiriachi, with a capacity of 1,500 tonnes per day, which would come online by mid-2021.

The PEA determined that mechanized bench-and-fill mining could help achieve sustainable production of 2,700 tonnes per day. Head grades would fall from the current 201 grams silver per tonne to 161 grams silver at a run-rate of 1,200 tonnes per day, and drop to 145 grams silver per tonne at a processing rate of 2,700 tonnes per day.

In addition, the company plans to increase raises at the existing tailings facility that will provide another 520,000 cubic metres of storage capacity — or 19 months of storage capacity.

Sierra is also evaluating nine other sites for their potential to store more tailings.

Using metal prices of US$1,283 per oz. gold, US$18.30 oz. silver, US93¢ per lb. lead and US$1.15 per lb. zinc, the Cusi PEA outlines an

after-tax NPV at an 8% discount rate of US$92.2 million and a 75% post-tax internal rate of return.

The study envisions a nine-year mine life. Life-of-mine capital costs of US$104.5 million could be paid back, after-tax, in just over four and a half years.

The Cusi PEA is based on a February 2018 resource estimate and does not incorporate later drilling.

Measured and indicated resources stand at 4.56 million tonnes grading 218 grams silver, 0.63% lead, 0.665 zinc and 0.20 gram gold for a silver-equivalent grade of 267.20 grams per tonne for contained metal of 39 million oz. silver-equivalent.

Inferred resources add 1.63 million tonnes grading 158 grams silver, 0.54% lead, 0.84% zinc and 0.16 gram gold for a silver-equivalent grade of 207 grams per tonne and contained metal of 11 million oz. silver-equivalent.

In August, Sierra reported financial results for the three months ended June 30, recording a 29% year-on-year increase in revenues to US$62.7 million, a 64% increase in adjusted earnings before interest, taxes, depreciation and amortization to US$28.9 million (a record for the company), and a 70% jump in operating cash flows before movements in working capital of US$29.5 million.

Sierra closed the quarter with US$21.8 million in cash and equivalents and US$15 million in available credit facilities.

Igor Gonzales, Sierra Metals’ president and CEO, told analysts and investors on a conference call that the company “continues to see positive gains and momentum from the progress of the operational turnaround programs implemented in Mexico.”

“Bolivar realized a 41% increase in throughput, with a 45% increase in copper-equivalent production, while Cusi realized a 95% increase in throughput, with a 46% increase in silver-equivalent production in the second quarter of 2018, compared to the second quarter of 2017,” he notes. “We continue to modernize

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Sierra Metals’ Cusi silver-lead-zinc-gold mine in Chihuahua, Mexico. SIERRA METALS

operations, improving production and lowering costs, with further benefits expected to continue in the third quarter and beyond.”

Improvements include new mining equipment purchases that allow more mineable stopes in the mine plan at Bolivar and a change in focus at Cusi from existing narrow vein structures to the Santa Rosa de Lima Zone, which has larger widths and higher grades.

Revenue at Bolivar increased 61% year-on-year, as the mine reached a throughput rate of 3,100 tonnes per day during the quarter.

Revenue at Cusi jumped 102% higher than the comparative quarter in 2017.

In a separate interview with The Northern Miner, Gonzales said “both mines are on budget now and hitting the production rates they should,” since the operational turnaround started a year ago. “Recoveries are improving and management has been upgraded, and we’re trying to mechanize both mines.

“In the past, we couldn’t meet our production targets. We were up and down, up and down, and we didn’t have a good grasp of production, it fluctuated too much ... so our turnaround program has been successful.”

Gordon Babcock, the company’s chief operating officer, noted on the conference call that the company has also made “huge improvements” in the tailings management system at Bolivar, “using a process that uses a little bit of creativity in handling the slurry tails.

“We’re using cells or ponds, dewatering the slurry, then accessing the deposition of the new dewatered tail similar to a dry stack, so this is working quite well, we’re controlling a great deal of production in this fashion.”

On the exploration front in the second quarter, Sierra drilled 7,400 metres at Bolivar, of which 2,000 metres were drilled in the El Gallo zone and 5,400 metres of drilling from surface was divided between Bolivar Northwest, Bolivar West and Cieneguita.

The drilling is designed to explore the extension of the orebody to the north and west, exploring the skarn orebody with semi-massive magnetite, and disseminated nodules of chalcopyrite.

There are also greenfield exploration targets to analyze geological anomalies and the continuity of the orebody to the west.

At Cusi, 10,400 metres were drilled during the quarter to verify

The flotation plant at Sierra Metals’ Bolivar copper-silver-gold mine. SIERRA METALS

the continuity of the orebody and develop veins. Of that, 1,000 metres were drilled inside the mine to verify orebody continuity and develop veins, and 9,400 metres were drilled from surface.

Another 1,700 metres of development was related to the extension of the main ramp to the Santa Rosa de Lima zone, as the company continues to prepare stopes for mining.

“We have a very aggressive exploration program at both sites,” Gonzales says. “We’re spending more capital than we used to in the past, and this is providing good results ... we need to continue these efforts to increase our resource base.”

As a jurisdiction, Gonzales says, and like any country, Mexico has pros and cons. On the plus side, he notes, permitting is “pretty straightforward in terms of regulatory requirements,” and is “less bureaucratic” than in many other places.

“We normally get our permits on time.”

And while Mexico is often equated with violent crime and poor security, the company has not experienced any problems at either site. Cusi, he says, is close to a major population centre (Cuauhtemoc) and just an hour’s drive from Chihuahua.

“When we go to the mine we don’t

have any security personnel because it’s a very, very safe location,” he says. “It’s in an agricultural area and very quiet.”

At Bolivar, which is in the highlands of the Sierra Madre, it’s a bit more challenging, but Gonzales says the mine doesn’t require extra security, police or the army — although the army does rounds in the district every 45 days.

“We haven’t had any issues with security at Bolivar, and we think that one of the main reasons is because we work with the local community, which provides services for the mine, in terms of transportation of ore and concentrates. We partner with the local community. They are contractors to us and that keeps a very good working relationship.”

As for the presidential election in July of left-leaning veteran politician Andres Manual Lopez Obrador of the National Regeneration Movement, Gonzales sees no signs of any changes in the status quo.

“At the local level, we haven’t seen any changes since the election in the agencies or attitudes, or any regulatory things, none whatsoever,” he says.

“He knows he has to promote investment, and mining, of course, is an important piece of the Mexican economy.” TNM

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The SART plant (foreground) at Torex Gold Resources’ El Limon-Guajes gold mine in Mexico. TOREX GOLD RESOURCES

Torex bounces back after blockade

TOREX From 9

tinued uninterrupted since their restart in January and mining in the El Limon pit resumed on April 6.

The El Limon-Guajes complex consists of the El Limon, Guajes and El Limon Sur open pits, the El Limon-Guajes underground mine (including development zones referred to as Sub-Sill and El Limon Deep), and a processing plant. It also includes the Media Luna deposit, an early-stage project.

Earnings from mine operations totalled US$23.5 million for the second quarter and US$42.3 million for the first six months of the year.

The company posted a second-

quarter net loss of US$12.3 million, or 14¢ per share, and a net loss for the first six months of US$2.1 million, or 3¢ per share.

Total cash costs came in at US$680 per oz. gold sold in the second quarter and US$702 per oz. sold in the six months ended June 30.

All-in sustaining costs reached US$1,017 per oz. gold sold in the second half, and US$989 per oz. gold sold in the first half of the year.

“The restart has gone very well across the board,” Fred Stanford, the company’s president and CEO, told analysts and investors on an Aug. 9 conference call about Torex’s three- and six-month results ended

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Exciting Resource and Production Growth in Peru and Mexico www.sierrametals.com

ZINC

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COPPER

SILVER

LEAD

GOLD

June 30. “The employee turnover as a result of the blockade has been managed, and recruitment of local employees has progressed well.”

The company also finished building the SART plant in June, which Torex says should deliver cost reductions.

During the second quarter, the processing plant hit a record-breaking day of 16,500 tonnes processed.

In the latter half of July it was running at 14,000 tonnes per day, and management says it expects to meet its goal of consistent production of 14,000 tonnes per day by year-end.

Turning to the SART plant, it produced the first copper precipitate late in the second quarter. By the end of July the next quarter, the plant had shipped an excess of 24 tonnes of copper off-site.

“This is copper that we’re very, very happy not to have circulating through our plants,” Stanford said on the second-quarter conference call. “We’re seeing meaningful reductions in reagent usage … by the end of the third quarter, we should have a good sense of the cost reduction performance, and can report it on then.”

The company’s 290 sq. km Morelos property lies in the Guerrero gold belt, 180 km southwest of Mexico City.

The El Limon-Guajes mine started commercial production in March 2016.

The property is 75% unexplored.

Torex says four diamond drills are turning at Media Luna to intersect 175 infill targets by late 2019, and more drills will be added as water supply becomes available, Standord says.

By the end of July the company had drilled 19 targets, and assays are pending.

The goal of the infill drill program is to update 25% of the current inferred resource to the measured and indicated category.

“It is good to be back working on this project as a platform for our next stage of growth,” Stanford said. TNM

A rope conveyor, which takes ore from El Limon down a 400-metre drop to the stockpile dome at Torex Gold Resources’ El Limon-Guajes gold mine Mexico’s Guerrero state. PHOTO BY GABRIELA SANCHEZ

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MEXICO SNAPSHOT

Eight juniors tapping into Mexico’s mineral potential Despite patches of trouble in different regions of the country from time to time, Mexico remains one of the most favoured mining and exploration jurisdictions for Canadian and U.S. juniors. Here is a look at eight juniors active in Mexico.

2.78 grams gold per tonne, 16.5 grams silver per tonne and 0.22% copper, at a cut-off grade of 1 gram gold.

“With an after-tax internal rate of return in excess of 90%, [the] excellent PEA results confirm that the La Fortuna project provides a robust base for the next phase of gold production in the company’s growth pipeline,” Minera Alamos CEO Darren Koningen said.

AMERICAS SILVER Toronto-based, Darren Blasuttiled junior silver miner Americas Silver (TSX: USA; NYSE-AM: USAS) has two operating mines in Mexico and Idaho plus a development project in Mexico, and ranks as one of the lowest-cost silver producers globally.

In Mexico, Americas Silver achieved commercial production in the fourth quarter of 2017 at its San Rafael silver-zinc-lead mine, which is part of its wider Cosala operations in Sinaloa State. In 2017, the company produced 940,000 oz. silver, 11.6 million lb. zinc and 5.6 million lb. lead at the mine, and has been ramping up production through 2018.

PROSPERO SILVER

Workers logging core at Mexican Gold’s Las Minas project in Mexico. MEXICAN GOLD Mexico, to Harvest Gold.

Between 2011 and 2018, $26 million has been spent exploring Evrim’s various properties, with partners funding 80% of the total.

EXCELLON RESOURCES

The junior notes that mining at San Rafael is proceeding at a planned 50% of reserve grade for the first 18 months of commercial output, so that silver production will increase noticeably through 2020 as head grades rise.

Brendan Cahill-led Excellon Resources (TSX: EXN; US-OTC: EXLLF) describes its wholly owned, underground Platosa silver-lead-zinc mine in Durango as having been Mexico’s highest-grade silver mine since production started in 2005.

In Idaho, the company has its Galena mine and mill complex, which produced 1.14 million oz. silver and 20 million lb. lead in 2017.

Today, the Toronto-based company is focused on optimizing Platosa’s cost and production profile, finding more high-grade silver and carbonate replacement deposit mineralization on the Platosa project and epithermal silver mineralization on the Miguel Auza property, located 220 km south of Platosa.

For 2018 from the two mines, Americas Silver is guiding combined production of 1.6 million to 2 million oz. silver (or 7.2 million to 8 million equivalent oz. silver), versus the 2017 total of 2.1 million oz. silver (4.7 million equivalent oz. silver). Last year’s all-in sustainable cost (AISC) was US$13.11 per oz. silver, but Americas Silver is guiding an AISC of a maximum US$4 per oz. silver in 2018.

In Mexico’s Sonora State, Americas Silver has its San Felipe silver-leadzinc development project — a high-grade past producer acquired

by Hochschild in 2006, which spent US$45 million on the asset.

EVRIM RESOURCES Vancouver-based Evrim Resources (TSXV: EVM; US-OTC: EMRRF) has a stated goal of becoming a “top exploration company operating under the prospectproject generator model, with an effective team, innovation, quality partnerships, sustainability and social responsibility.”

It is active in district-scale projects in key mineral belts in western North America: the Golden Triangle in B.C.; the Laramide porphyry belt in northwest Mexico and Arizona; and western Mexico’s Sierra Madre Occidental.

Its wholly owned, 232 sq. km Cuale high-sulphidation epithermal goldsilver project in Mexico’s Jalisco State has seen mapping, trenching, soil surveys, and geophysical surveys. Elsewhere in Mexico, Evrim has royalties on the Ermitano goldsilver property and the Cumobabi copper-moly-gold-silver property — both in Sonora.

Evrim has optioned its Sarape epithermal vein gold-silver property in Sonora to Coeur Mining and has optioned is Cerro Cascaron high-grade gold-silver epithermal vein property in Chihuahua State,

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Excellon says it also ready to “capitalize on the opportunity in current market conditions to acquire undervalued projects in the Americas.”

Excellon’s shareholders include Eric Sprott, Concept Capital, Sinigual, Sprott Asset Management, Global X, Notae Investments and US Global.

In July, Excellon updated the resource estimate at Platosa, tallying measured and indicated resources of 485,000 tonnes grading 549 grams silver per tonne, 5.6% lead, 5.9% zinc (or 1,055 grams silver equivalent per tonne) for a contained 8.6 million oz. silver, 59.8 million lb. lead and 63 million lb. zinc (or 16.5 million oz. silver equivalent).

0.8 metre at a small mine below Changarro.

Robertson says that “our ongoing field exploration work continues to deliver high-grade assays from historical mines, as well as discoveries within the ChangarroLa Perdida area. These results from several widely spaced localities show that the high– grade mineralization is extensive and appears to be structurally controlled, similar to the El Dorado Dike Contact zone.”

MINERA ALAMOS Minera Alamos (TSXV: MAI) has two advanced, open-pit projects in northwest Mexico: the La Fortuna gold project in western Durango State, and the Los Verdes copper-molybdenum project in southeastern Sonora State.

The company has just done a positive preliminary economic assessment (PEA) of La Fortuna that shows a US$70-million, after-tax net present value, a 93% aftertax internal rate of return and an 11-month after-tax payback period.

This would be for a 1,100-tonneper-day, five-year mine that would annually produce 43,000 oz. gold, 220,000 oz. silver and 1,000 tonnes copper at an all-in sustaining cost of US$440 per oz. gold.

Pre-production capital expenses for such a mine would total US$26.9 million.

Measured and indicated resources stand at 3.5 million tonnes grading

Vancouver-based Prospero Silver (TSXV: PSL; US-OTC: PSRVF) is another Mexico-focused prospect generator whose aim is to “discover world-class precious metal projects” by applying a “unique blend of practical exploration experience and cutting-edge mineral deposit science to find new gold and silver systems.”

Of note, in April 2017, Fortuna Silver Mines committed to invest $1.5-million to fund Prospero’s drill programs.

In May 2018, Prospero raised $1 million in a private placement, with funds earmarked for the company’s project-generative exploration programs in Mexico, adding value to its existing property portfolio and other exploration expenses, and for general working capital purposes.

At the same time, a 3,000-metre drilling campaign got underway at Prospero’s Buenavista project in northwest Durango State, as the fourth project to be drilled under the agreement with Fortuna Silver, which was revised agreement in early May 2018, with a warrant exercise announced on May 7, 2018.

As on the first three projects, the drill program is preliminary and intended to confirm below-surface structures and help the company determine where in the vertical epithermal column an orezone might lie.

SILVER BULL RESOURCES Vancouver-based Silver Bull Resources (TSX: SVB; US-OTC: SVBL) is exploring and developing its wholly owned Sierra Mojada zincsilver project located 150 km north of the city of Torreon in Coahuila, Mexico.

The project is part of a large land package consisting of 20 mining concessions totalling 47 sq. km in a historical, high-grade silver-leadzinc mining district discovered in 1879.

Sierra Mojada has a National Instrument 43-101-compliant measured and indicated global resource of 58.7 million tonnes grading 3.6% zinc and 50 grams silver per tonne for 4.7 billion lb. zinc and 90.8 million oz. silver.

Silver Bull notes that within this resource, discrete, high-grade zones of silver and zinc mineralization include: a high-grade measured and indicated “Zinc zone” of 10.03 million tonnes at 11% zinc and a 6% cut-off, for 2.4 billion lb. zinc; and a high-grade measured and indicated “Silver zone” of 19 million tonnes at 102.5 grams silver per tonne at a 50-gram cut-off for 62.6 million oz. silver.

In August, Silver Bull closed a second tranche of a private placement for cumulative gross proceeds of US$3.8 million, with the funds to be directed to general working capital purposes.

STARCORE INTERNATIONAL MINES Robert Eadie-led Starcore International Mines (TSX: SAM) says there are four reasons to be interested in the company: “production-oriented assets, lowrisk and high-reward exploration projects, a focus on corporate social responsibility, and dedicated management.”

The Vancouver-based junior owns a range of assets across Mexico, the U.S. and Canada: the San Martin producing gold-silver operation in Queretaro; the Altiplano processing facility in Matehaula; the El Creston advanced exploration property in Sonora; and four exploration assets available for joint venture, which include Toiyabe in Nevada, Lone Ranch in Washington State, the Ajax molybdenum project in B.C. ,and the Molybrook project on the island of Newfoundland.

During the first quarter of 2018, the Altiplano facility received 407 tonnes of concentrate containing 1,249 oz. gold and 58,115 oz. silver, and Altiplano sold 1,219 oz. gold and 48,197 oz. silver. TNM

MEXICAN GOLD From its base in Thunder Bay, Ont., junior Mexican Gold (TSXV: MEX; US-OTC: MEXGF) is exploring its Las Minas gold project, which is located in the Las Minas mining district in Mexico’s Veracruz State, which the company says is “host to one of the largest, under-explored skarn systems known in Mexico.”

Led by president and CEO Brian Robertson, Mexican Gold has recently reported encouraging results from its 2018 exploration campaign, highlighted by: 5.11 grams gold per tonne and 7.15% zinc over 2 metres from an outcrop 7 metres southwest of the Guadalupe 3 mine; 5 grams gold over 2 metres at the Guadalupe 3 mine; 11.14 grams gold over 1.4 metres at Las Escondida mine; 4.06 grams gold, 32 grams silver and 0.72% copper over 1 metre at the Changarro mine; and 4.85 grams gold and 12.70 grams silver over

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Drillers at SilverCrest Metals’ Las Chispas gold-silver property in Sonora, Mexico. SILVERCREST METALS

SilverCrest expands mineralization GOLD-SILVER

BY COLIN DESMOND cdesmond@northernminer.com VANCOUVER

V

ancouver-based SilverCrest Metals (TSXV: SIL; USOTC: SVCMF) continues to churn out solid drill results from the third-phase exploration program at its Las Chispas gold-silver project, located located 180 km northeast of Hermosillo in Sonora, Mexico.

The most recent round of drill results, reported on Aug. 23, is highlighted by 4.2 grams gold per tonne and 229 grams silver per tonne over 1.3 metres from 210 metres depth.

Drilling from the newly discovered Granaditas Dos vein is

| Junior hits multiple veins at Las Chispas gold-silver property in Sonora

highlighted by the intersection of 0.4 metre grading 3.3 grams gold and 468 grams silver from 67 metres depth.

It is the latest in a series of positive drill results from the third-phase exploration program. In May, SilverCrest discovered the Babicanora Norte Vein, where it cut 1.5 metres at 24 grams gold and 2,081 grams silver from 100 metres depth.

There are 30 known epithermal veins on the property — all of low to intermediate sulphidation ranging from 0.5 to 11 metres wide, consisting of quartz with calcite veining, stockwork or breccia. The in-situ precious metal value found to date is roughly half silver and half gold, with minor base metals. Twelve of

SILVERCREST PLANS TO COMPLETE A PRELIMINARY ECONOMIC ASSESSMENT FOR LAS CHISPAS IN EARLY 2019. those veins have drill intersected high-grade mineralization. Only five have been included in the property’s maiden resource, which was amended on May 9.

That report estimated inferred resources of 3.4 million tonnes

grading 3.6 grams gold per tonne and 296 grams silver per tonne for a contained 401,000 oz. gold and 32.7 million oz. silver.

Most of that resource is in the Babicanora vein, where SilverCrest has focused much of its drilling.

The company expects at least three more veins in an updated resource estimate, appearing sometime in the next months after another 3,000 to 5,000 metres of drilling. A preliminary economic assessment is planned for early 2019.

Las Chispas consists of a Late Cretaceous to early Tertiary lowsulphidation epithermal system, with volcanic tuff, rhyolite, agglomerate and rhyolite breccia host rocks.

An outcrop of the Las Chispas vein was discovered by a Spanish general in 1640. Small-scale mining occurred intermittently from then until the 1880s, with Apache resistance.

From the 1880s until the 1930s, a number of larger operations mined the general Las Chispas area. SilverCrest says the limited information available suggests 100 million oz. silver and 200,000 oz. gold were produced during the half-century.

Since then, no significant work has occurred on the property.

Shares of SilverCrest are valued at $3.20 per share within a 52-week range of $1.14 to $3.55. The company has a $240-million market capitalization. TNM

Alio Gold halts work on Ana Paula, misses guidance GOLD

BY TRISH SAYWELL

R

tsaywell@northernminer.com

aymond James has cut its target price on Alio Gold (TSX : A LO; N YSE-A M: ALO) from $4.50 to $1 per share, and downgraded the company from “market perform” to “underperform” due to operating challenges, debt and declining gold prices.

The company has suspended all

| Junior miner to focus on operating assets in Mexico, Nevada

development work at its Ana Paula project in Mexico’s Guerrero state, including the construction of a decline, exploration work and the completion of a definitive feasibility study.

Alio Gold announced this week that, as a result, its vice-president of project development, Paul Hosford, and project manager Terry Murphy, are leaving the company at the end of August. It also said that its chief financial officer, Colette Rustad, left

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the company on Aug. 17.

The Ana Paula decision helped focus the company’s efforts and capital allocation on its two operating mines, San Francisco in Mexico’s Sonora state and the Florida Canyon mine in Nevada, which it recently picked up in its March acquisition of Rye Patch Gold.

Mining analyst Tara Hassan of Raymond James argues that delaying Ana Paula “puts growth on the backburner.

“This decision delays Alio’s highest-quality project, and the one that would be providing low-cost growth,” she writes in a research note. “With timing unclear for Ana Paula, we have pushed back production to 2023 [from 2021], and reduced our net asset value multiple to 0.5 time [from 1 time], which is in line with current developer multiples.”

Alio Gold has also decided to lower mining rates at its San Francisco mine to focus on generating cash flow due to lower gold prices, and plans to slow down waste stripping on phases six and seven. At the same time, the company is undertaking a review of operations at the mine that will examine how to lower mining dilution and improve grades feeding the crushing circuit.

As a result of the changes at San Francisco, Alio says, the company will not meet its production guid-

“THIS DECISION DELAYS ALIO’S HIGHESTQUALITY PROJECT, AND THE ONE THAT WOULD BE PROVIDING LOW-COST GROWTH.” TARA HASSAN ANALYST, RAYMOND JAMES

ance for 2018 of between 90,000 and 100,000 oz. gold.

Hassan describes the steps at San Francisco as “the right call,” but points out that it will hit the company’s cash flow.

“With no guidance provided until negotiations are complete with the mining contractor to reduce the tonnage commitment, we believe Alio has a lot of ground to make up with investors to show that San Francisco can be a profitable mine,” she notes.

“We have made negative revisions to reflect lower tonnage and higher operating costs, however also flag the risk of the negotiations being unsuccessful, which could result in a curtailment of mining and a large penalty payment.”

Meanwhile, at Alio’s newest mine, Florida Canyon, the company is working on an updated mine plan, but in the interim, costs remain high.

The company acquired Florida Canyon on May 25, and in the second quarter, the mine produced 11,587 oz. gold and 8,734 oz. silver,

compared to 10,846 oz. gold and 5,709 oz. silver in the first quarter of the year.

“While Florida Canyon’s production rates met our expectations, all-in sustaining costs [of US$1,235 per oz. gold] remain elevated as the mine ramps up, but also due to some capital improvements required,” Hassan says. “Additionally, the highest-grade zone is currently restricted due to permitting limitations. While we expect these factors could improve, we expect Alio is facing a six- to 12-month window before notable cost reductions can be achieved.”

Hassan says that challenges at its operations — particularly in the current environment in which the gold price is falling — could strain the company’s balance sheet. “At a gold price below US$1,200 per oz., Alio’s cash balance will be at risk of dropping below US$10 million in 2019 — a level at which we expect Alio may need to shore up its balance sheet.” TNM

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McEwen extends El Gallo by 12 years with new study GOLD

| Begins feasibility on two-phase project

BY RICHARD QUARISA rquarisa@northernminer.com

M

cEwen Mining (TSX: MUX; NYSE: MUX) has tabled a new preliminary economic assessment (PEA) that extends the life of its El Gallo goldsilver complex in Mexico by 12 years with low initial capital costs.

The mine produced 23,025 equivalent oz. gold in the first half of 2018, in line with its 2018 guidance of 32,000 equivalent oz. gold, but had stopped mining and crushing by the end of 2018’s second quarter.

The new PEA outlines a two-phase development plan the company calls Project Fenix. In the first phase, McEwen would reprocess leftover material from the heap-leach pad at El Gallo through a conventional carbon-in-leach process at a throughput rate of 5,000 tonnes per day. That phase would run until 2031, concurrent with the second phase.

Phase two involves processing new ore from several satellite deposits within 10 km of the El Gallo processing plant, including El Gallo Silver, Palmarito, El Encuentro and Carrisalejo.

During phase two McEwen would process ore from the higher-grade silver deposits — mainly El Gallo Silver — at a maximum rate of 3,250 tonnes per day. The company would use conventional flotation technology followed by leaching and zinc precipitation. It would then use the carbon-in-leach plant from phase one to continue leaching the flotation tailings in an attempt to maximize silver recoveries.

McEwen aims to build the new processing plant 6.5 km from the El Gallo Silver deposit. It will need to build a haul road connecting the two, as well as an electrical substation and power line. The company is working on the electrical and power line design, which it aims to finish this year.

The company initially announced slightly different PEA results in May. The original announcement detailed a 10-year mine life extension, with 2% more equivalent ounces of gold recovered.

“In the time between the announcements we revised the evaluation model with our engineering group,” McEwen’s new president and chief operating officer Chris Stewart says in an interview with The Northern Miner. “It’s a bit more conservative, with a higher level of confidence.

“The changes resulted in about 2% lower gold-equivalent ounces being recovered, but our grade was

Operations at McEwen Mining’s El Gallo gold-silver mine in Sinaloa, Mexico. MCEWEN MINING

bumped overall by 2.6%, which resulted in stronger economics for the project.”

Stewart joins McEwen after a year and half as CEO of junior explorer Treasury Metals (TSX: TML; USOTC: TSRMF), which is developing its Goliath gold project in northern Ontario. Before that he was vicepresident of operations at Kirkland Lake Gold (TSX: KL; NYSE: KL) for 2.5 years, and helped lead the turnaround of the Macassa gold mine, which Kirkland leveraged to acquire St. Andrew Goldfields in 2016.

In 2017, Kirk land produced 194,237 oz. gold grading 15.2 grams gold at Macassa.

Project Fenix would produce 17.2 million tonnes grading 1.2 grams gold equivalent for 563,000 recovered equivalent oz. gold.

The project contains 13 million measured and indicated tonnes grading 77 grams silver and 0.39 gram gold for 32.27 million oz. silver and 161,000 oz. gold in optimized pit shells. It also has 5.67 million inferred tonnes at 27 grams silver and 0.81 gram gold for 4.97 million oz. silver and 148,000 oz. gold.

The project has a US$60-million, after-tax net present value at a 5% discount rate and a 28% after-tax internal rate of return. The company estimates phase one would cost US$41 million and phase two US$30 million, with cash costs of US$704 and US$857 per equivalent

oz. gold for each phase.

Stewart says McEwen has already begun the permitting process for expansion. He says the company will present to the Mexican government in September.

“We should have a couple rounds back and forth with them to respond to their information requests, and we have a target right now of approval by the end of first-quarter 2019, which is well ahead of when we’re looking at actually moving ahead with the project,” Stewart says.

The company is working on a feasibility study for the El Gallo that it aims to finish by June 2019.

The current complex consists of the El Gallo and Palmarito silver deposits and the Magistral gold deposit, all located with 13 kilometres. It poured first gold in September 2012 and achieved commercial production in January 2013. In 2017 it produced 1.23 million tonnes grading 2.07 grams gold for 46,400 oz. gold and 18,600 oz. silver, or 46,694 equivalent oz. gold at a 75:1 gold-to-silver ratio.

The company recently reported strong second-quarter financial and production results, largely building on last year.

It produced 36,959 oz. gold in the second quarter of 2018, up from 22,191 oz. gold a year ago. While the company’s second-quarter silver production fell slightly to 772,432 oz. silver from 779,487 oz. silver last

year, it still reported a 45% increase in equivalent oz. gold year-over-year to 47,258 oz. gold.

The company has US$19.2 million in working capital, down from US$47 million a year ago, but no debt. It reported a net loss of US$5.4 million in the second quarter of 2018, which is US$3.7 million more than a year ago.

Meanwhile, McEwen is continuing construction at its Gold Bar mine in central Nevada. It says all major equipment and bulk materials are purchased or already on-site, and expects to finish construction in late 2018.

It is targeting commercial produc-

tion at Gold Bar by the first quarter of 2019. McEwen expects to produce 197,000 oz. gold at Gold Bar over the mine’s first three years.

“Rob McEwen’s vision is to qualify for inclusion in the S&P 500,” Stewart says, “and to do that we need to grow five times from where we are today while assuring we create value for our shareholders every step of the way, and I think I can help them achieve that vision, based on the experience I’ve had.

Shares of McEwen Mining are valued at $2.62 within a 52-week range of $2.33 to $3.64. The company has an $888-million market capitalization. TNM

Adding value.

Delivering results.

Integrated engineering and environmental solutions to help you achieve more.

A rendering of the planned Fenix project at McEwen Mining’s El Gallo gold-silver mine. MCEWEN MINING

1-16, 23_SEPT3_Main .indd 15

2018-08-28 9:42 PM

16

WWW.NORTHERNMINER.COM

SEPTEMBER 3–16, 2018 / THE NORTHERN MINER

Pit operations at New Gold’s Rainy River gold mine northwestern Ontario. NEW GOLD

New Gold aims for Rainy River turnaround GOLD

BY COLIN DESMOND cdesmond@northernminer.com VANCOUVER

N

ew Gold (TSX: NGD, NYSEAM: NGD) had hoped 2018 would be the year it put development challenges to bed at its Rainy River gold mine in northwestern Ontario.

In 2017, New Gold found unexpected layers of peat and basal till that caused cost overruns and delayed pit development.

In its 2017 annual report, the company said it expected Rainy River would produce 310,000 to 350,000 oz. gold at all-in sustaining costs of US$990 to US$1,090 per oz. in 2018.

That would have departed from the project’s 2014 feasibility study, which had projected production of 325,000 oz. gold at all-in sustaining costs of US$765 per oz. for 2018.

The first half of 2018 brought no respite for New Gold.

In the first quarter, the company experienced more operational difficulties at its mill, including plugged apron feeders, premature motor failure on the cyclone feed pump, and replacing liners in its semiautogenous grinding mills.

In the second quarter, the gearbox

| Miner takes US$282M writedown on asset plagued with start-up problems in a cyanide destruction tank failed (preventing tailings deposition), leach-tank screens and a conveyorfeed belt needed replacing and the crusher was shut down for longer than expected.

As a result, the company produced only 84,000 oz. gold at all-in sustaining costs of US$1,790 per oz. in the first half. Gold recovery was 84%, as opposed to the 92% laid out in the feasibility study. Head grade came in at 1.18 grams gold per tonne — well beneath the expected 1.48 grams gold per tonne.

The company revised its 2018 guidance to 210,000 to 250,000 oz. gold production at all-in sustaining costs of US$1,600 to US$1,700 per ounce.

As a result of more capital expenses and revised guidance, New Gold took a US$282-million, posttax writedown on Rainy River in the second quarter. New Gold says the current book value of Rainy River is US$995 million (using a 4.5% discount rate).

The company has US$167 million in cash and equivalents — a US$48-million decrease from the end of 2017 — and US$103 million in undrawn credit.

New Gold did not respond to a

Published by:

request for comment by The Northern Miner, but on its second-quarter conference call, CEO Ray Threlkeld said that “costs are up, but [Rainy River] is profitable and it makes money — 2018 and 2019 are not reflective of the life-of-mine, that’s for sure.”

Threlkeld said that while management has been caught by operational surprises over the past year, they believe the challenges are typical start-up issues that will be overcome.

On Aug. 8, the company released an updated technical report that reveals details of its turnaround strategy.

The report shows sustaining capital expenses rising to US$1.2 billion — well above the US$350 million outlined in the project’s feasibility study. This most recent upward revision is mainly attributed to a construction-cost overrun on the tailings dam.

New Gold plans to boost daily mill throughput from the current 21,000 tonnes to 24,000 tonnes by 2019 and to 27,000 tonnes by 2021 — with ore coming from both open-pit and underground operations.

During t he second-quar ter conference call, when an analyst asked why New Gold is trying to

NEW GOLD HAS REVISED ITS 2018 GUIDANCE AT RAINY RIVER TO 210,000 TO 250,000 OZ. GOLD PRODUCTION, AT ALLIN SUSTAINING COSTS OF US$1,600 TO US$1,700 PER OUNCE. increase throughput before sustainably producing at the original level, Threlkeld said positive results during July had given the company confidence to ramp up throughput to make up for the weak first-half performance.

The higher throughput should help New Gold increase underground mining rates from 1,500 tonnes per day to 2,300 tonnes per day, offsetting the decline in underground head grade from 5 grams gold per tonne to 3.6 grams gold per tonne. Taken together, that adds up to an increase in life-of-mine output from the underground part of the mine.

With respect to the lower-thanexpected average grade in the first half and downward revision to expected grade, New Gold executive vice-president Cory Atiyeh said on the conference call: “We don’t have any concern about the amount of

ounces there. The amount of ounces are there. The reserve is solid. We’re just going to have to work through our sampling and work through a cut-off strategy and draw shapes, and mine higher-grade ore.”

At a cut-off grade of 0.5 gram gold per tonne, Rainy River’s reserves total 120.4 million tonnes grading 1.1 gram gold per tonne and 3.2 grams silver per tonne for a contained 4.2 million oz. gold and 12.4 million oz. silver.

New Gold owns three other producing gold mines: New Afton in B.C., the Mesquite mine in California and Cerro San Pedro in Mexico.

It also owns 100% of the Blackwater gold-development project in British Columbia.

The company’s stock is trading at $1.29 per share as of Aug. 17 — a 54% decline since it revised guidance for Rainy River on July 25, and an 82% decline over the past year. TNM

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SEPTEMBER 3–16, 2018 / THE NORTHERN MINER

M A R K E T N EWS TORONTO STOCK EXCHANGE / AUGUST 20–24 Markets ended the trading week in positive territory, with the S&P/TSX Composite Index climbing 0.20% to finish at 16,356.05. The S&P/ TSX Global Gold Index rose 2.03% to 161.26 and spot gold increased 1.75% to US$1,205.30 per ounce. The S&P/TSX Global Mining Index advanced 1.70% to 54.12.

Labrador Iron Ore Royalty (LIORC) jumped $1.10 per share to $25.68 on no news.

The company is still riding high from an Aug. 16 announcement that Anglo Pacific Group has invested US$50 million for a 4.25% share in the company. Anglo Pacific expects its 4.5% stake in LIORC will bring between $4.7 million and $5.7 million of royalty-related revenue in 2019. LIORC holds a 15.1% equity position in Iron Ore Co. of Canada (IOC) and receives a 7% gross overriding royalty and 10¢-per-tonne commission on all iron ore products produced, sold and shipped by IOC. IOC is a leading Canadian producer of iron ore pellets and concentrate and has a 25-year mine life ahead, along with possible mine life extensions. Shares of Anglo Pacific Group were down 15¢ to $2.15. The company reported first-half results on Aug. 23, with adjusted earnings of £15.4 million (US$19.8 million), or 8.56 pence per share, up 15% year-on-year. Total royalty and financing income in the six months ended June 30 reached £20.8 million, up 20% year-on-year.

Altius Minerals rose 52¢ to $12.42 per share. The company announced it has renewed its normal course issuer bid and may buy at market price up to 814,972 common shares (1.89% of its 43.2 million issued and outstanding shares as of Aug. 10). Any shares bought during the NCIB will be cancelled and returned to treasury. The NCIB began on Aug. 22 and will end on Aug. 21, 2019. During the previous 12 months, Altius bought 48,400 shares at a weighted average price of $12.45 per share.

An updated preliminary economic assessment of Avalon Advanced Materials’ Separation Rapids lithium project in Ontario lifted its shares 20% to 9¢. The PEA is based on a simpler model focusing on initial producTSX MOST ACTIVE ISSUES

Red Eagle Mng Belo Sun Mng Kinross Gold Yamana Gold Goldcorp Nemaska Lith Barrick Gold B2Gold Lundin Mng Suncor Energy

VOLUME WEEK (000s) HIGH LOW CLOSE CHANGE

R BSX K YRI G NMX ABX BTO LUN SU

27697 0.12 0.06 0.10 - 0.04 19199 0.24 0.17 0.23 + 0.06 17169 3.97 3.68 3.87 + 0.07 14828 3.70 3.46 3.66 + 0.12 13850 14.70 13.90 14.52 + 0.48 12956 0.81 0.71 0.75 unch 0.00 12337 13.88 13.11 13.63 + 0.53 11041 3.10 2.87 3.06 + 0.21 10794 6.55 6.26 6.42 - 0.01 10318 54.22 52.44 53.80 + 1.11

tion of lithium mineral concentrates, with potential expansion to the battery materials lithium carbonate and hydroxide. The PEA envisions plant throughput of 475,000 tonnes a year — down from 950,000 tonnes in the 2016 PEA. The study outlined a 20-year operating life with annual production of 71,500 tonnes of petalite concentrate; 11,800 tonnes of lepidolite concentrate (both for 18.5 years); and starting in year six, 100,000 tonnes of

feldspar through to year 20. Upfront capital expenses are $77.7 million, with another $13.7 million planned for the feldspar circuit in years five to six (or once payback of the initial capital is complete). Average annual revenue is estimated at $90 million — compared with average annual costs of $60 million — for a post-tax net present value at an 8% discount rate of $156 million, and 22.7% internal rate of return. TNM

TSX GREATEST PERCENTAGE CHANGE

Loncor Res Belo Sun Mng eCobalt Solns Nighthawk Gold Lydian Intl Orvana Mnrls Ivanhoe Mines Avalon Adv Mat Gold Std Vents U3O8 Corp Red Eagle Mng St Augustine Coro Mining Goldgroup Mng Condor Gold Prophecy Coal Wallbridge Mng Freegold Vent Globex Mng EurOmax Res

LN BSX ECS NHK LYD ORV IVN AVL GSV UWE R SAU COP GGA COG PCY WM FVL GMX EOX

279 19199 2721 757 924 426 6627 3293 797 30 27697 451 1983 21 3 1372 1529 1372 26 60

0.09 0.24 0.90 0.38 0.24 0.17 2.49 0.11 2.18 0.30 0.12 0.03 0.11 0.06 0.86 0.23 0.10 0.08 0.41 0.18

0.00 0.17 0.67 0.30 0.18 0.14 2.00 0.07 1.88 0.25 0.06 0.02 0.08 0.00 0.72 0.17 0.09 0.06 0.37 0.15

0.09 0.23 0.80 0.38 0.24 0.17 2.49 0.09 2.18 0.29 0.10 0.02 0.08 0.05 0.72 0.18 0.09 0.06 0.37 0.15

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

TSX GREATEST VALUE CHANGE

VOLUME WEEK (000s) HIGH LOW CLOSE CHANGE

Suncor Energy Labrador Iron Ero Copper Endeavour Mng Pretium Res Agnico Eagle Nexa Resources Barrick Gold Altius Mnrls Teck Res Nutrien Silver Wheaton Franco-Nevada MAG Silver Kirkland Lake Caledonia Mng Avesoro Res Anglo Pac Grp Condor Gold Rubicon Mnrls

41.7 35.3 25.0 24.6 23.7 22.2 21.5 20.0 16.9 16.0 29.6 20.0 16.7 16.7 16.3 16.3 15.0 14.3 11.9 11.8

VOLUME WEEK (000s) CLOSE CHANGE

SU LIF ERO EDV PVG AEM NEXA ABX ALS TECK.A NTR WPM FNV MAG KL CAL ASO APY COG RMX

10318 53.80 1000 25.68 302 8.70 1134 19.73 2290 11.82 3719 47.13 2 15.84 12337 13.63 173 12.42 17 29.80 3035 71.95 4892 23.63 2402 86.95 899 10.33 3141 25.46 30 8.96 16 3.43 1 2.15 3 0.72 63 1.28

+ 1.11 + 1.10 + 0.90 + 0.77 + 0.62 + 0.61 + 0.55 + 0.53 + 0.52 + 0.50 - 1.16 - 0.50 - 0.45 - 0.38 - 0.36 - 0.34 - 0.30 - 0.15 - 0.14 - 0.12

TSX VENTURE EXCHANGE / AUGUST 20–24 The S&P/TSX Venture Composite Index rose 5% to end the trading week at 711.37.

Shares of Lithoquest Diamonds fell 67% to 16¢ per share after the company reported disappointing results from its phase-one drilling program at its wholly owned North Kimberley diamond project in Western Australia. Lithoquest said ground conditions prevented the truck-mounted drill rig from accessing two high-priority drilling targets. It expects a track-mounted drill rig to arrive at the site in the next two weeks. No kimberlite was found in the five drill holes taken from the other three high-priority targets.

Shares of Great Bear Resources rose 255% to $1.95 per share after the company reported two high-grade drill holes from its Dixie gold project in Ontario’s Red Lake district.

The first reported drill hole intersected 26.9 grams gold per tonne over 16.4 metres from 120 metres’ depth, including separate subintervals of 51.4 grams gold per tonne over 5.1 metres and 112.6 grams gold per tonne over 1 metre. The second reported drill hole, drilled 15 metres vertically below the first one, intersected 44.5 grams gold per tonne over 7 metres, including 2 metres of 143.2 grams gold per tonne.

Two days after reporting the drill results, Great Bear said it raised $10 million in a

private placement. It will use the proceeds to fund more exploration at the Dixie project.

Great Bear describes the Dixie project as a typical Archean mesothermal gold vein system that shares the same geological and metallogenic characteristics as the nearby Red Lake, Madsen and Rahill-Bonanza mines.

Shares of Skeena Resources rose 55% to 51¢ per share, on no apparent news. Skeena is focused on developing three projects in British Columbia’s Golden Triangle — the past-producing Eskay Creek gold project, the past-producing Snip gold project and the GJ copper-gold project.

The company is carrying out a first-phase drilling program on two unmined zones at Eskay Creek. Skeena secured an option to buy 100% of Eskay Creek from Barrick Gold in TSX-V MOST ACTIVE ISSUES

Aben Res Golden Ridge Sokoman Iron Duncan Park H Westkam Gold District Cop Great Bear Res Castle Peak Mg Prize Mng Cobalt Pwr Grp

VOLUME WEEK (000s) HIGH LOW CLOSE CHANGE

ABN GLDN SIC DPH WKG DCOP GBR CAP PRZ CPO

16476 15797 11988 10277 8565 7696 7376 6711 4723 4600

0.47 0.51 0.36 0.01 0.02 0.12 2.02 0.02 0.19 0.06

0.37 0.39 0.29 0.01 0.01 0.08 0.57 0.02 0.15 0.05

0.43 + 0.05 0.44 - 0.01 0.31 unch 0.00 0.01 unch 0.00 0.02 unch 0.00 0.09 - 0.03 1.95 + 1.40 0.02 - 0.01 0.17 - 0.03 0.06 + 0.01

December 2017. From 1994 to 2008, Barrick produced 3.3 million oz. gold and 160 million oz. silver at average grades of 45 grams gold per tonne and 2,224 grams silver per tonne at Eskay Creek.

In August, Skeena reported drill results from the Eastern Twin zone at its wholly owned, past-producing Snip gold mine. The results were highlighted by 10.5 grams gold over 4.1

metres from 79 metres’ depth and 13.8 grams gold over 18 metres from 140 metres’ depth.

An April 2017 preliminary economic assessment for the GJ copper-gold project showed potential for a 25-year mine that could return $546 million in net present value, after a $216-million capital expense. Skeena is seeking a partner to bring the project to the prefeasibility stage. TNM

TSX-V GREATEST PERCENTAGE CHANGE

Wildsky Res Great Bear Res First Mexican Great Quest Fe Teras Res Bard Ventures First Cobalt Meridian Mg Skeena Res TVI Pacific Cliffmont Res Lithoquest Dia Parlane Res Troymet Expl Lund Enterpr Colombia Crest CR Capital Firebird Res Inform Res Omineca Mg &Ml

WSK GBR FMG GQ TRA CBS FCC MNO SKE TVI CMO.H LDI IMIN TYE LEN CLB CIT FIX IRR OMM

55 7376 1028 243 146 1590 4125 128 2593 3263 330 1967 140 360 137 14 187 455 6 10

1.01 2.02 0.06 0.10 0.10 0.13 0.50 0.07 0.53 0.02 0.04 0.40 0.15 0.01 0.24 0.08 0.06 0.04 0.14 0.03

0.14 0.57 0.03 0.06 0.06 0.07 0.29 0.06 0.32 0.01 0.02 0.15 0.00 0.01 0.00 0.00 0.00 0.00 0.09 0.00

1.01 1.95 0.05 0.10 0.10 0.10 0.46 0.07 0.51 0.02 0.04 0.16 0.09 0.01 0.13 0.06 0.04 0.03 0.09 0.03

TSX-V GREATEST VALUE CHANGE

VOLUME WEEK (000s) HIGH LOW CLOSE CHANGE

+ 708.0 + 254.5 + 66.7 + 66.7 + 66.7 + 66.7 + 61.4 + 55.6 + 54.5 + 50.0 - 96.1 - 67.7 - 51.4 - 50.0 - 42.2 - 42.1 - 41.7 - 40.0 - 39.3 - 37.5

VOLUME WEEK (000s) CLOSE CHANGE

Great Bear Res Wildsky Res Cobalt 27 Cap Hut 8 Mining Millennial Lit Garibaldi Res Aurania Res Sigma Lithium SilverCrest Mt Metallis Res Cliffmont Res Lithoquest Dia Gold Reserve Itafos Wealth Mnrls Canada Cobalt Neo Lithium Regulus Res Superior Gold Xiana Mng

GBR WSK KBLT HUT ML GGI ARU SGMA SIL MTS CMO.H LDI GRZ IFOS WML CCW NLC REG SGI XIA

7376 55 1102 148 767 917 53 414 502 358 330 1967 19 59 525 1814 691 80 1332 11

1.95 1.01 6.64 3.09 2.02 2.85 2.30 2.35 3.20 1.27 0.04 0.16 3.22 1.77 0.63 0.65 0.96 1.97 1.12 0.50

+ 1.40 + 0.89 + 0.61 + 0.44 + 0.38 + 0.37 + 0.30 + 0.30 + 0.29 + 0.19 - 0.87 - 0.34 - 0.29 - 0.18 - 0.12 - 0.12 - 0.11 - 0.11 - 0.10 - 0.10

U.S. MARKETS / AUGUST 20–24 U.S. markets swung upward, as gold gained 1.7% to end the trading week at US$1,205.30.

The Philadelphia Gold and Silver Index rose 2.6% to 67.68 and the Dow Jones Industrial Average, 0.4% to 25,790.35. The S&P 500 Index also went up 0.8% to 2,874.69.

Shares of Sibanye Gold rose 10% to US$2.31.

Despite losing 21 workers so far this year to fatalities, Sibanye reported strong operating and financial results for the first half of 2018.

The company’s adjusted earnings before interest, taxes, depreciation and amortization in the first half lifted 26% to US$316 million.

Its basic earnings were up to US$5.4 million with headline earnings of US$7.1 million, compared to losses of US$339 million and US$155 in the previous year.

On the operations side, Sibanye cut all-in sustaining costs by 2% to US$821 per oz. platinum, palladium, rhodium and gold (4E) at its South African platinum group metals operations. Production dropped slightly to 569,166 oz. 4E compared to the same period last year, but came in line with 2018 guidance.

Shares of AngloGold Ashanti rose 8% to US$7.82, as the company also reported strong financial and operating results for the

18_SEPT3_MarketNews.indd 18

first half of 2018. The company had US$85 million adjusted headline earnings — a vast improvement over losses of US$93 million over the same period of the previous year.

The company attributed the improvement to better operating performance and a higher gold price.

The company’s net debt also declined 17% year-on-year to US$1.7 billion, with free cash flow down to a US$51-million outflow, compared to a US$161-million outflow the previous year. The company produced 1.6 million oz. gold in the first half of 2018, down from 1.7 million oz. gold the previous U.S. MOST ACTIVE ISSUES

VOLUME WEEK (000s) HIGH LOW CLOSE CHANGE

Freeport McMoR* FCX 71076 14.79 13.83 14.47 + 0.50 Vale* VALE 69607 13.30 12.79 13.22 + 0.22 Yamana Gold* AUY 63952 2.84 2.65 2.80 + 0.10 Barrick Gold* ABX 63060 10.65 10.03 10.46 + 0.44 Kinross Gold* KGC 43579 3.05 2.82 2.99 + 0.10 Goldcorp* GG 37234 11.28 10.63 11.15 + 0.41 Cleveland-Clif* CLF 35345 10.09 9.59 9.88 + 0.02 Newmont Mng* NEM 28573 32.52 31.46 32.03 - 0.03 United States S* X 28331 31.59 30.21 30.95 + 0.88 Gold Fields* GFI 23603 2.61 2.39 2.54 + 0.05

year — but its all-in sustaining costs fell 5% to US$1,020 per oz. gold.

Anglo’s CEO Srinivasan Venkatakrishnan is stepping down and will be replaced by Barrick Gold president Kevin Dushnisky.

Shares of Arch Coal fell 2.1% to US$87.88.

The company continued its share repurchase program by buying back 3.8%, or 960,000 of its own outstanding shares, for nearly US$78 million. The company started the program in May 2017, and since then has spent US$419 million buying back 5.3 million shares. TNM

U.S. GREATEST PERCENTAGE CHANGE

Sibanye Gold* SBGL Eldorado Gold* EGO Mechel* MTL AngloGold Ash* AU Harmony Gold* HMY Pretium Res* PVG Endeavr Silver* EXK CONSOL Coal Rs* CCR HudBay Mnls* HBM McEwen Mng* MUX CONSOL Energy* CEIX Trecora Res* TREC Arch Coal* ARCH Silver Wheaton* WPM Nutrien* NTR Kirkland Lake* KL Black Hills* BKH Natural Res Pt* NRP Cameco Corp* CCJ DRDGOLD* DRD

VOLUME WEEK (000s) HIGH LOW CLOSE CHANGE

14197 2.42 2.14 2.31 + 10.0 20875 1.03 0.94 1.02 + 8.7 178 2.76 2.49 2.75 + 8.7 15442 7.93 7.22 7.82 + 8.0 20085 1.65 1.45 1.60 + 7.4 8683 9.10 8.23 9.09 + 6.1 3933 2.38 2.17 2.33 + 5.9 142 18.20 16.95 18.00 + 5.9 2457 5.10 4.70 4.90 + 5.4 11037 2.04 1.87 2.01 + 5.2 852 43.50 41.05 41.51 - 2.8 115 13.95 13.35 13.50 - 2.2 941 92.39 87.46 87.88 - 2.1 12475 18.69 17.57 18.13 - 1.6 5277 56.34 54.38 55.24 - 1.3 5603 20.05 18.75 19.53 - 1.1 1525 61.38 60.19 60.70 - 0.9 87 32.50 31.25 31.50 - 0.6 7727 10.50 10.13 10.30 - 0.6 323 2.19 2.02 2.13 - 0.5

U.S. GREATEST VALUE CHANGE

MartinMarietta* MLM Alcoa* AA Chevron Corp* CVX NACCO Ind* NC CONSOL Coal Rs* CCR Suncor Energy* SU United States S* X Southern Copp* SCCO CONSOL Energy* CNX Agnico Eagle* AEM Arch Coal* ARCH CONSOL Energy* CEIX Nutrien* NTR Black Hills* BKH Trecora Res* TREC Silver Wheaton* WPM Kirkland Lake* KL Natural Res Pt* NRP Cameco Corp* CCJ Franco-Nevada* FNV

VOLUME WEEK (000s) CLOSE CHANGE

2371 205.77 15307 43.44 22255 119.01 60 35.40 142 18.00 9234 41.30 28331 30.95 3027 44.37 8672 15.91 6595 36.16 941 87.88 852 41.51 5277 55.24 1525 60.70 115 13.50 12475 18.13 5603 19.53 87 31.50 7727 10.30 2319 66.73

+ 2.77 + 1.41 + 1.21 + 1.10 + 1.00 + 0.97 + 0.88 + 0.74 + 0.72 + 0.60 - 1.92 - 1.20 - 0.72 - 0.53 - 0.30 - 0.30 - 0.21 - 0.20 - 0.06 - 0.05

2018-08-28 8:02 PM

GLOBAL MINING NEWS · SINCE 1915

THE NORTHERN MINER / SEPTEMBER 3–16, 2018

19

M E TA L S , M I N I N G A N D M O N EY M A R K E T S Tuesday, August 28, 2018 Precious Metals Price (US$/oz.)

Change $1204.40 -7.60 Gold Silver $15.19 -0.16 Platinum $818.00 -14.00 Palladium $902.00 -12.00 Base Metals Nickel Copper Lead Zinc

TSX WARRANTS

PRODUCER AND DEALER PRICES

SPOT PRICES COURTESY OF SCOTIABANK

Price (US$/tonne) Change $13630.00 +260.00 $6132.00 +42.00 $2076.00 -3.00 $2522.00 +6.00

LME WAREHOUSE LEVELS Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, August 23, 2018 (change from August 16, 2018 in brackets): 13600 (+160) Aluminium Alloy Aluminium 1099975 (-24175) Copper 266950 (+9550) Lead 126550 (+1150) Nickel 243552 (-3996) Tin 2890 (+45) Zinc 248575 (-3675)

Thermal Coal CAPP: US$40.00 per short ton Coal: Central Appalachia, 12,500 Btu, 1.2 S02-R,W: US$73.20 Coal: Powder River Basin, 8,800 Btu, 0.8 S02-R, W: US$12.15 Cobalt: US$29.26/lb.

Copper: US$2.72/lb.

Copper: CME Group Futures Aug. 2018: US$2.74/lb.; Sept.

2018: US$2.73/lb Ferro-Chrome: n.a.

Ferro Titanium: n.a.

FerroTungsten: n.a.

Ferrovanadium: n.a.

Iridium: NY Dealer Mid-mkt US$1,430.00/tr oz.

Iron Ore 62% Fe CFR China-S: n.a.

Iron Ore Fines: US$71.00/tonne Iron Ore Pellets: US$108.60/tonne Lead: US$0.94/lb.

Magnesium: n.a.

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

Phosphate Rock: US$86.00/tonne Potash: US$226.00/tonne Rhodium: Mid-mkt US$2,380.00 tr. oz.

Ruthenium: Mid-mkt US$255.00/tr. oz.

Silver: Handy & Harman Base: US$14.89 per oz.; Handy & Harman Fabricated: US$18.61 per oz.

Tantalite Ore : US$186.50/kg Tin: US$8.73/lb.

Uranium: U3O8, Trade Tech spot price: US$26.00 per lb U308; The UX Consulting Company spot price: US$26.10/lb.

Zinc: US$1.14/lb.

Prices current Aug. 28, 2018

NORTH AMERICAN STOCK EXCHANGE INDICES

52-week

Index Aug 24 Aug 23 Aug 22 Aug 21 Aug 20 High Low S&P/TSX Composite 16356.05 16326.79 16347.34 16296.97 16331.03 15527.30 12400.15 S&P/TSXV Composite 711.37 699.81 698.87 691.96 686.48 1050.26 883.52 S&P/TSX 60 971.53 971.34 971.79 969.14 972.96 896.74 709.99 S&P/TSX Global Gold 161.26 156.93 160.61 159.31 158.52 218.90 149.29 DJ Precious Metals 134.46 134.46 138.44 137.12 136.31 420.72 130.95

TSX SHORT POSITIONS

TSX VENTURE SHORT POSITIONS

Short positions outstanding as of Aug 16, 2018 (with changes from Aug 01, 2018) Largest short positions IVN 14454418 657123 8/1/2018 Ivanhoe Mines Sandstorm Gold SSL 14274306 8570 8/1/2018 Eldorado Gold ELD 9865757 -334874 8/1/2018 Alacer Gold ASR 9431787 -554267 8/1/2018 Goldcorp G 8808658 -492338 8/1/2018 TRQ 8258356 -638373 8/1/2018 Turquoise HIl Yamana Gold YRI 7391541 -167001 8/1/2018 New Gold NGD 7258791 -368308 8/1/2018 Osisko Mng Inc OSK 7245660 183211 8/1/2018 Lundin Mng LUN 7148090 2831702 8/1/2018 OceanaGold OGC 7124839 -134506 8/1/2018 NXE 7116326 33779 8/1/2018 Nexgen Energy Nemaska Lith NMX 6991304 247374 8/1/2018 First Majestic FR 6659849 333819 8/1/2018 Barrick Gold ABX 5634601 75632 8/1/2018 Largest increase in short position Lundin Mng LUN 7148090 2831702 8/1/2018 HudBay Mnls HBM 3702608 1378657 8/1/2018 Roxgold ROXG 1127096 906412 8/1/2018 Ivanhoe Mines IVN 14454418 657123 8/1/2018 Cdn Zinc CZN 1473000 528400 8/1/2018 Largest decrease in short position McEwen Mng MUX 4067466 -4038699 8/1/2018 Largo Res LGO 1350330 -1150170 8/1/2018 Golden Star GSC 326717 -714354 8/1/2018 Turquoise HIl TRQ 8258356 -638373 8/1/2018 Suncor Energy SU 5226193 -609699 8/1/2018

Short positions outstanding as of Aug 16, 2018 (with changes from Aug 01, 2018) Largest short positions Leeta Gold HIVE 1373466 -320025 8/1/2018 Atlantic Gold AGB 1351502 -132848 8/1/2018 Golden Ridge GLDN 1328145 1287322 8/1/2018 Goliath Res GOT 1005208 998805 8/1/2018 Juggernaut Exp JUGR 801541 212635 8/1/2018 Kitrinor Mtls SCYB 775700 206247 7/16/2018 EU 755261 749067 8/1/2018 EnCore Energy Aben Res ABN 738500 590600 8/1/2018 Cobalt 27 Cap KBLT 734521 -220691 8/1/2018 Equinox Gold EQX 729497 684216 8/1/2018 Belmont Res BEA 528600 -578500 8/1/2018 Prize Mng PRZ 516000 -169400 8/1/2018 Altus Strat ALTS 461000 81000 8/1/2018 Uragold Bay Rs HPQ 430724 430524 8/1/2018 Aldershot Res ALZ 427916 109177 8/1/2018 Largest increase in short position GLDN 1328145 1287322 8/1/2018 Golden Ridge Goliath Res GOT 1005208 998805 8/1/2018 EnCore Energy EU 755261 749067 8/1/2018 Equinox Gold EQX 729497 684216 8/1/2018 Aben Res ABN 738500 590600 8/1/2018 Largest decrease in short position SIC 106368 -1190552 8/1/2018 Sokoman Iron Belmont Res BEA 528600 -578500 8/1/2018 Havilah Mining HMC 63076 -397607 8/1/2018 First Cobalt FCC 273800 -370000 8/1/2018 Leeta Gold HIVE 1373466 -320025 8/1/2018

Alamos Gold (AGI.WT) - Wt buys sh @ $28.47 to Aug 30/18 Alamos Gold (AGI.WT.A) - Wt buys sh @ $10.00 to Jan 7/19 Alio Gold Inc. (ALO.WT) - 10 Warrants to purchase one common share of the Issuer at $7.00 until expiry Alio Gold Inc. J (ALO.WT.A) - One Warrant to purchase one common share of the Issuer at $8.00 until expiry Ascendant Resources (ASND.WT) - Wt buys sh @ $1.25 to Mar 7/22 eColbalt Solutions Inc. J (ECS.WT) - One Warrant to purchase one common share of the Issuer at US$1.95 per share until expiry Excellon Resources Inc (EXN.WT.A) - One warrant to purchase one common share of the Issuer at $2.80 until expiry Golden Queen Mining Co (GQM.WT) Wt buys sh @ $2 to Jul 25/19 Gran Colombia Gold (GCM.WT.A) - Wt buys sh @ $3.25 to Mar 18/19

Liberty Gold Corp. Wt (LGD.WT) - One Warrant to purchase one common share of the Issuer at $0.90 until expiry may 16, 2019 Lithium Americas Corp (LAC.WT) - One Warrant to purchase one common share of the Issuer at $0.90 until expiry Lydian International Limited (LYD.WT) One Warrant to purchase one additional ordinary share of the Issuer at $0.36 per share until expiry MBAC Fertilizer (MBC.WT) - Wt buys sh @ $1 to Apr 17/19 Nemaska Lithium Inc (NMX.WT) - Wt buys sh @ $1.5 to Jul 8/19 Northern Dynasty Minerals Ltd. J (NDM. WT.A) - Wt buys sh @ $0.55 to Jul 9/20 Northern Dynasty Minerals Ltd. J (NDM. WT.B) - Wt buys sh @ $0.55 to Jun 10/21 Northern Dynasty Minerals Ltd. J (NDM. WT.B) - Wt buys sh @ $0.55 to Jun 10/21 Oban Mining J (OBM.WT) - Wt buys 20 sh @ $3 to Aug 25/18 Osisko Gold Royalties (OR.WT) - Wt buys sh @ $36.5 to Feb 18/22

Osisko Gold Royalties (OR.WT.A) - Wt buys sh @ $19.08 to Feb 26/19 Osisko Mining Inc. J (OSK.WT) - 20 Wt buys sh @ $3 to Aug 25/18 Pilot Gold Inc. Wt (PLG.WT) - Wt buys sh @ $0.9 to May 16/19 Platinum Group Metals Ltd. (PTM.WT.U) - One Warrant to purchase one common share of the Issuer at US$0.17 until expiry Prairie Provident Resources Inc Wt (PPR. WT) - Wt buys sh @ $0.87 to Mar 16/19 Sandstorm Gold (SSL.WT.B) - One Warrant to purchase one common share of the Issuer at US $14.00 until expiry.

Sherritt International Corporation (S.WT) - Each whole Warrant entitles the holder to acquire between 1.00 and 1.25 additional common shares (as bulletin 20180062 table ) determined based on the Applicable Reference Cobalt Price at an exercise price of $1.95 per Warrant at any time prior to the Expiry Date Sprott Resource Corp (SRHI.WT) - Wt buys sh @ $0.3333 to Feb 09/22

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

American Cumo Mining Corp. (MLY.RT) 2 rights and $0.07 are required to purchase one share Antioquia Gold Inc. (AGD.RT) - One (1) Right and $0.042 are required to purchase one share.

Avino Silver & Gold Mines Ltd. (ASM. WT) - Wt buys sh @ US$0.2 to Nov 28/19 Boreal Metals Corp. (BMX.WT) - One warrant to purchase one common share at $0.30 per share.

Brazil Resources (BRI.WT) - Wt buys sh @ $0.75 to Dec 31/18 Cordoba Minerals Corp (CDB.WT) - One warrant to purchase one common share at $1.08 per share.

Cornerstone Capital Resources (CGP. WT.S) - Wt buys sh @ $0.35 to Apr 07/19 Equinoxgold Corp (EQX.WT) - One warrant to purchase one common share at $3.00 per share.

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

Goldmining Inc. (GOLD.WT) - Wt buys sh @ $0.75 to Dec 31/18 Goldstar Minerals (GDM.RT) - One Right to purchase one common share at $0.03 per share.

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

JDL Gold Corp. (JDL.WT) - Wt buy sh @ $3.00 to Oct 06/21 Jet Metal (JET.WT) - Wt buys sh @ $0.25 to Sep 16/19 Jet Metal (JET.WT.A) - Wt buys sh @ $0.5 to Feb 28/19 Kootenay Silver Inc. (KTN.WT) - Wt buys sh @ $0.55 to Apr 21/21 Maple Gold Mines Ltd. (MGM.WT) One warrant to purchase one common share at $0.40 per share Millennial Lithium Corp. (ML.WT) - One warrant to purchase one common share at $4.25 per share.

Rainy Mountain Royalty Corp. (RMO. WT) - Wt buys sh @ $0.15 to Mar 1/18 and sh @ $0.25 from Mar 2/18 to Mar 1/19 Rainy Mountain Royalty Corp. (RMD. WT) - Wt buys sh @ $0.15 to Mar 1/18 and sh @ $0.25 from Mar 2/18 to Mar 1/19 Silvercrest Metals Inc. (SIL.WT) - Wt buys sh @ $3 to Dec 06/18 Tintina Resources Inc. (TAU.RT) - Nine(9) Rights exercisable for one share at $0.06 per share.

Trek Mining (TREK.WT) - Wt buy sh @ $3.00 to Oct 06/21 Vision Lithium Inc. (VLI.WT) - One warrant to purchase one common share at $0.15 per share.

West Kirkland Mining (WKM.WT) - Wt buys sh @ $0.3 to Apr 17/19 Yellowhead Mining Inc. (YMI.RT) - One (1) Right and $0.12 are required to prchase one Share

NEW 52-WEEK HIGHS AND LOWS AUGUST 20–24, 2018 32 New Highs

60 North Gold* AURYN Mining* Bard Ventures Bearing Lith* Century Cobalt* Chimata Gold EnCore Energy Firestone Diam* General Moly Golden Ridge Great Bear Res Great Bear Res* Kingsmen Res Kingsmen Res* Largo Res Largo Res* Plata Latina PPX Mining* RTG Mining * Saturn Mnrls Sigma Lithium Trilogy Mtls Trilogy Mtls*

TriMetals Mng* Triumph Gold Triumph Gold* United Battery Walker Lane* Western Uran Western Uran* Wildsky Res Wildsky Res*

108 New Lows Sprott Res Hl* Agnico Eagle AJN Resources Alamos Gold Alamos Gold* Argonaut Gold Argonaut Gold* Ascot Res Azucar Min Azucar Min* Balmoral Res Balmoral Res* Barkerville Go Bearing Lith

Bearing Lith* Blackrock Gold* Cache Expl* Callinex Mines Callinex Mines* Cdn Zinc Chakana Copper* China Gold Int Cobalt Pwr Grp Cobalt Pwr Grp* Coeur Mng* Columbus Gold Coro Mining CWN M’g Acq Desert Lion Dynacor Gld Mn* Fairmile Gold* Falco Res Far Res Fiore Gold First Legacy Fort St J Nick Global Energy Graphite Egy*

Havilah Mining* IAMGOLD IAMGOLD* Intl Battery Intl Battery* Intl Lithium Ivanhoe Mines Ivanhoe Mines* Komet Resource Kootenay Silvr Levon Res Ltd Levon Res Ltd * LiCo Energy* Luckystrike Magnitude Mng Maple Gold* Mason Graphite Mason Graphite* MaxTech Vent* MGX Minerals MGX Minerals* Millrock Res* Minfocus Expl Mirasol Res

Monarques Res Nautilus Mnrls* Nevada Sunrise* New Klondike* New Point Expl* Nighthawk Gold* Nthrn Sphere* Oceanic Iron O* OK2 Minerals Osisko Gold* Paramount Gold* PepinNini Lith* PowerOre Quaterra Res* Rover Metals Royal Gold* Royal Nickel* Sarama Res Silver Viper Silver Wheaton* Sitka Gold Sokoman Iron* Sonoro Mtls* Southern Silvr*

Spanish Mtn Gd* Standard Lith Tahoe Res* Thunder Mtn Gd Thunder Mtn Gd* Timmins Gold Timmins Gold* Tinka Res TomaGold Torq Resources Tower Res* Uranium Res* Vanstar Mng Rs* Venture Mnrls* Victory Vent Viva Gold* West Kirkland * Wolfeye Res Yorbeau Res* Zanzibar Gold Zinc One Res Zinc One Res *

CANADIAN GOLD MUTUAL FUNDS

DAILY METAL PRICES Daily Metal Prices Date Aug 27 Aug 24 Aug 23 Aug 22 Aug 21 BASE METALS (London Metal Exchange -- Midday official cash/3-month prices, US$ per tonne) Al Alloy N/A 1565/1580 1565/1580 1540/1580 1550/1580 Aluminum N/A 2061.50/2085 2021/2043 2038/2063 2040/2064 N/A 6000/6024 5910/5939 5998/6026 6025/6052 Copper N/A 2077/2090 2005/2023 1997/2018 1997/2016 Lead Nickel N/A 13305/13380 13135/13230 13565/13635 13675/13740 N/A 19200/19150 19060/19030 19170/19125 18850/18800 Tin N/A 2507.50/2507 2440/2433 2438.50/2441 2433.50/2432 Zinc PRECIOUS METAL PRICES (London fix, LBMA silver price, US$ per troy oz.)

Gold AM N/A 1189.95 1187.30 1196.85 1194.10 Gold PM N/A 1197.70 1192.35 1196.65 1190.95 N/A 14.62 14.63 14.81 14.79 Silver Platinum N/A 786.00 782.50 798.00 795.00 Palladium N/A 932.00 915.00 923.00 912.00

Fund Aug 24 ($) Aug 17 ($) Change ($) Change (%) YTDChange (%) MER (%) TotalAssets (M$) AGF Prec Mtls Fd MF 17.30 16.88 0.42 2.49 -9.15 2.80 101.98 BMO Prec Mtls Fd A 15.72 15.58 0.14 0.91 -3.19 2.40 56.66 BMO ZGD 7.67 7.44 0.23 3.05 -8.56 0.61 BMO ZJG 7.46 7.19 0.27 3.70 -6.09 0.60 CIBC Prec Metal Fd A 8.21 8.03 0.17 2.15 -8.86 2.45 41.09 Dyn Prec Metls Fd A 5.90 5.82 0.08 1.37 -7.70 2.66 322.10 Galileo GOGO 9.01 8.88 0.13 1.45 Horizons HEP 20.61 20.30 0.31 1.52 -2.96 0.81 IG Mac GbPMetCl A 7.41 7.21 0.19 2.70 -7.73 2.75 32.41 iShares XGD 10.07 9.87 0.20 2.02 -6.84 0.55 688.12 Mac Prec Met Cl A 38.64 37.61 1.02 2.72 -7.99 2.52 60.39 NBI PrecMetFd Invt 10.32 10.08 0.24 2.38 -8.21 2.46 26.23 NPT Gold&PrMinFdA 30.41 29.89 0.52 1.73 -9.56 3.04 117.98 NPT SilverEquCl A 4.65 4.54 0.11 2.38 -9.13 2.95 112.92 RBC GblPreMetFd A 27.95 27.23 0.72 2.64 -6.81 2.13 312.98 Redw UITGoDe&ProCl A 0.00 0.00 Sentry Pre Met Fd A 33.58 32.51 1.08 3.31 -3.59 2.49 138.05 TD PreciousMetalsInv 27.71 27.20 0.51 1.88 -7.90 2.27 105.82

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

Aug 24 Aug 23 Aug 22 Aug 21 Aug 20 1.3094 1.3094 1.2994 1.3041 1.3040 0.7637 0.7637 0.7696 0.7668 0.7669

Exchange rates (Quote Media, August 24, 2018) C$ to AUS C$ to EURO C$ to YEN C$ to Mex Peso C$ to SA Rand 1.054 0.6618 85.0495 14.5166 10.9933 C$ to UK Pound C$ to China Yuan C$ to India Rupee C$ to Swiss Franc C$ to S. Korea Won 0.5962 5.2498 53.5065 0.7532 861.0316 US to AUS US to EURO US to YEN US to Mex Peso US to SA Rand 1.3801 0.8665 111.3585 19.0171 14.4095 US to UK Pound US to China Yuan US to India Rupee US to Swiss Franc US to S. Korea Won 0.7806 6.8788 70.2850 0.9862 1127.1500

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

LEGEND A – Australian Securities Exchange C – Canadian Stock Exchange L – London Stock Exchange N – New York Stock Exchange O – U.S. over-the-counter Q – NASDAQ or U.S. OTC T – Toronto Stock Exchange V – TSX Venture Exchange X – NYSE American * – Denotes price in U.S.$

19_SEPT3_MMMM.indd 19

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

CONVERSIONS OF WEIGHTS & MEASURES 1 troy ounce = 31.1 grams 1 kilogram = 32.15 troy ounces 1 kilogram = 2.2046 pounds 1 (metric) tonne = 1,000 kilograms 1 (metric) tonne = 2,204.6 pounds 1 (short) ton = 2,000 pounds 1 (metric) tonne = 1.1023 (short) tons

1 gram per (metric) tonne = 0.02917 troy ounces per (short) ton

= 0.03215 troy ounces per (metric) tonne 1 kilometre = 0.6214 miles 1 hectare = 2.47 acres

GLOBAL MINING NEWS · SINCE 1915

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

Contact: moliveira@northernminer.com or 416-510-6768

2018-08-28 8:05 PM

20

S T O C K TA B L E S

MINING STOCKS listed on CANADIAN and U.S. EXCHANGES TRADING: AUGUST 20–24, 2018 (100s) Stock

WWW.NORTHERNMINER.COM

SEPTEMBER 3–16, 2018 / THE NORTHERN MINER

Week

12-month

Exc Volume High Low Last Change High Low

A 37 Capital 0 50 60 North Gold* O 60 North Gold 205 66 Resources 23 92 Resources V 1239 O 73 92 Resources* Abacus Mng &Ex* O 461 V 215 Abacus Mng &Ex Abcourt Mines V 185 O 224 Abcourt Mines* Aben Res* O 3028 16476 Aben Res V O 2 Aberdeen Intl* Aberdeen Intl T 390 O 0 Abitibi Royalt* 5 Abitibi Royalt V O 328 AbraPlata Res* V 453 AbraPlata Res Acacia Mining* O 0 V 438 Adamera Mnls O 96 Adamera Mnls* Adex Mining V 144 Advance Gold V 1183 Advanced Expl* O 1000 V 412 Advantage Lith O 201 Advantage Lith* V 110 Adventus Zinc V 139 Aethon Mineral AEX Gold V 15 Affinity Gold* O 40 Affinity Metal* O 17 African Gold V 737 African Mnrls* O 20 Aftermath Slvr* O 1 V 4 Aftermath Slvr Agnico Eagle T 3719 Agnico Eagle* N 6595 V 1962 Aguia Resource Aguila Amer Gd V 6 Aida Minerals 4361 AJN Resources 68 Alacer Gold T 2256 Alamos Gold T 3053 Alamos Gold* N 6863 30 Alaska Pac Egy* O Albert Mining V 103 O 1 Albert Mining* Alchemist Mng 1133 Alcoa* N 15307 Alderon Iron* O 4 Alderon Iron T 41 Aldershot Res V 949 O 3 Aldershot Res* Aldever Res V 19 Aldever Res* O 7 Aldridge Min V 658 Aldridge Min* O 6 V 671 Alexandria Min Alexandria Min* O 43 Alexco Res* X 1105 Alexco Res T 294 Algold Res* O 0 Algold Res* O 1 Algold Res V 26 Alianza Min V 103 Alianza Min* O 9 V 1 Allante Potash Allegiant Gold V 126 Allegiant Gold* O 156 Alliance Mng V 3975 Alliance Res* D 1560 T 163 Almaden Mnls X 731 Almaden Mnls* Almonty Ind T 98 77 Almonty Ind * O Alphamin Res V 202 12 Alphamin Res * O Alset Minerals V 825 Altai Res V 211 233 Altair Res Inc V Altamira Gold V 312 O 28 Altamira Gold* 322 Altan Nev Mnls V Altan Rio Mnls V 30 Altiplano Mnls V 128 Altius Mnrls T 173 Alto Vent V 186 O 81 Altura Mng Ltd* Alturas Mnrls V 120 Altus Strat V 53 Alumina Inc* O 83 ALX Uranium V 294 ALX Uranium* O 40 Am Creek Res V 183 V 146 Am CuMo Mng O 59 Am CuMo Mng* O 322 Am Manganese* V 1355 Am Manganese AM Resources V 198 5 Am Sierra Gold* O O 0 Amador Gold* Amani Gold* O 1 Amarc Res V 175 Amarc Res* O 50 Amarillo Gold V 132 O 140 Amarillo Gold* O 218 Amazing Energy* O 157 Amer Intl Vent* American Lith* O 24 American Lith V 497 O 51 American Pac* American Pac 102 X 294 Americas Silvr* Americas Silvr T 131 Amerigo Res T 603 Amerigo Res* O 494 Amex Expl* O 8 Amex Expl V 128 Amseco Expl V 287 T 421 Anaconda Mng O 90 Anaconda Mng* Anconia Res V 16 Andes Gold* O 4 Andover Mng* O 150 O 202 Anfield Energy* V 797 Anfield Energy Angel Gold* O 111 Angel Gold V 415 Angkor Gold V 78 535 Anglo American* O 3 Anglo American* O T 1 Anglo Pac Grp 1 AngloGold Ash* O AngloGold Ash* N 15442 V 1709 Antioquia Gold O 124 Antioquia Gold* Antler Gold V 32 Antler Hill V 13 Antofagasta* O 15 56 APAC Res Inc Apex Res V 25 O 11 Apex Res * O 29 Appia Energy* Appia Energy 71 O 245 Applied Mrnls* Aquila Res* O 95 Aquila Res T 94 N 941 Arch Coal* Archon Mineral* O 15 V 15 Archon Mineral Arco Res* O 356 Arctic Star* O 31 Arctic Star V 1409 Arcturus Vent* O 0 V 87 Arcus Dev Grp Arena Mnls V 537 Arena Mnls* O 36 O 55 Argentina Lith* Argentina Lith V 483 O 40 Argentum Silvr* V 12 Argentum Silvr T 183 Argex Titanium O 25 Argex Titanium* Argo Gold* O 15 Argo Gold 156 O 76 Argonaut Gold* T 1385 Argonaut Gold

20-23_SEPT3_StockTables.indd 20

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(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

Argus Metals* O 10 Argus Metals V 42 Arian Silver* O 333 Arianne Phosph* O 81 V 121 Arianne Phosph Arizona Mng* O 61 Arizona Mng T 3530 Arizona Silver V 132 Arizona Silver* O 15 Armor Mnrls V 41 Asanko Gold T 748 Asanko Gold* X 1357 Asante Gold 651 Asbestos Corp V 0 Ascot Res V 46 Ascot Res * O 3 Ashanti Sanko V 15 V 80 AsiaBaseMetals Asian Minl Res V 782 Aston Bay* O 15 Aston Bay V 727 Astorius Res V 292 ATAC Res V 265 Atacama Res* O 39116 O 4 Athabasca Mnls* Athabasca Mnls V 284 Athena Silver* O 12 Atico Mng* O 167 Atico Mng V 222 Atlanta Gold* O 4 Atlanta Gold V 577 Atlantic Gold V 388 Atlantic Ind V 243 Atlatsa Res* O 325 Atlatsa Res T 23 Atom Energy * O 24 Aton Res Inc* O 1240 Aton Res Inc V 1970 Aura Mnls* O 14 Aura Mnls T 127 Aura Silver Rs V 691 Auramex Res V 473 Aurania Res* O 48 Aurania Res V 53 O 75 Aurcana Corp* AurCrest Gold V 250 Aurion Res * O 164 Aurion Res V 376 Aurora Royal V 1 O 11 AURYN Mining* Auryn Res T 305 Auryn Res* X 297 Austin Res V 75 Austral Gold* O 76 Austral Gold V 222 Australian Mns* O 35 Auxico Res 1039 Avalon Adv Mat T 3293 Avalon Adv Mat* O 403 O 9 Avarone Metals* Avarone Metals 179 Avesoro Res T 16 Avesoro Res* O 0 Avidian Gold V 265 Avino Silver* X 569 Avino Silver T 202 Avrupa Mnls* O 189 Avrupa Mnls V 100 Awale Res V 40 Axmin Inc* O 8 Axmin Inc V 534 Azarga Metals V 140 O 1 Azarga Metals* Azarga Uranium* O 445 T 564 Azarga Uranium Aziel Corp* O 1 Azimut Expl V 61 O 30 Azincourt Ener* Azincourt Ener V 520 V 56 Aztec Minerals Aztec Minerals* O 39 Azteca Gold* O 1 Azucar Min V 302 Azucar Min* O 374

0.14 0.00 0.14 - 0.00 0.55 0.06 0.19 0.00 0.18 - 0.02 0.75 0.08 0.00 0.00 0.00 - 0.00 0.01 0.00 0.37 0.33 0.35 - 0.01 0.67 0.33 0.48 0.44 0.45 - 0.03 0.83 0.44 4.74 4.60 4.70 unch 0.00 5.90 1.61 6.20 6.19 6.19 unch 0.00 6.20 2.60 0.12 0.11 0.11 - 0.01 0.33 0.08 0.09 0.08 0.09 + 0.01 0.27 0.06 0.39 0.32 0.34 + 0.04 0.73 0.30 1.17 1.07 1.14 + 0.03 1.79 0.55 0.90 0.81 0.88 + 0.04 1.38 0.43 0.05 0.03 0.05 unch 0.00 0.15 0.03 0.00 0.00 0.50 unch 0.00 0.90 0.21 1.05 0.00 0.94 - 0.03 1.81 0.82 0.76 0.74 0.75 + 0.01 1.44 0.62 0.05 0.05 0.05 unch 0.00 0.10 0.02 0.39 0.30 0.39 + 0.02 0.40 0.13 0.01 0.01 0.01 unch 0.00 0.05 0.01 0.11 0.11 0.11 - 0.00 0.20 0.09 0.14 0.12 0.13 - 0.02 0.29 0.10 0.03 0.03 0.03 unch 0.00 0.20 0.03 0.55 0.48 0.55 + 0.08 0.89 0.46 0.00 0.00 0.00 + 0.00 0.02 0.00 0.17 0.16 0.17 + 0.00 0.20 0.09 0.25 0.20 0.20 - 0.03 0.27 0.12 0.03 0.03 0.03 - 0.00 0.33 0.02 0.39 0.32 0.33 - 0.01 0.66 0.30 0.46 0.43 0.44 + 0.01 0.82 0.39 0.04 0.04 0.04 unch 0.00 0.06 0.03 0.05 0.04 0.05 + 0.01 0.07 0.04 1.79 1.61 1.79 + 0.17 1.99 1.30 0.02 0.02 0.02 + 0.01 0.09 0.01 0.03 0.00 0.03 + 0.00 0.04 0.01 0.04 0.00 0.04 unch 0.00 0.06 0.02 0.01 0.00 0.01 + 0.00 0.26 0.00 0.04 0.03 0.04 + 0.01 0.04 0.02 0.05 0.04 0.05 + 0.01 0.05 0.02 1.46 1.22 1.46 + 0.21 2.38 1.22 1.91 1.58 1.88 + 0.19 3.00 1.46 0.02 0.02 0.02 unch 0.00 0.05 0.02 0.05 0.03 0.05 + 0.02 0.10 0.03 1.82 1.44 1.75 + 0.22 6.06 1.03 2.37 1.93 2.30 + 0.30 7.57 1.51 0.16 0.00 0.00 - 0.15 0.25 0.13 0.03 0.03 0.03 unch 0.00 0.04 0.02 0.92 0.73 0.82 + 0.10 2.82 0.52 1.20 0.95 1.06 + 0.12 3.49 0.67 0.00 0.00 0.08 unch 0.00 0.24 0.03 0.75 0.00 0.75 + 0.27 5.00 0.16 1.47 1.34 1.44 + 0.11 3.35 1.26 1.11 1.02 1.11 + 0.08 2.69 0.97 0.02 0.02 0.02 unch 0.00 0.04 0.01 0.05 0.00 0.05 unch 0.00 0.16 0.04 0.08 0.08 0.08 + 0.02 0.18 0.07 0.05 0.05 0.05 - 0.00 0.33 0.05 0.19 0.16 0.18 + 0.01 0.45 0.16 0.11 0.07 0.09 + 0.02 0.16 0.07 0.08 0.05 0.07 + 0.02 0.13 0.05 0.03 0.03 0.03 unch 0.00 0.09 0.01 0.06 0.05 0.05 unch 0.00 0.14 0.02 3.60 3.40 3.43 - 0.30 5.99 2.50 3.02 0.00 3.02 unch 0.00 3.65 1.89 0.49 0.45 0.45 unch 0.00 0.70 0.20 1.04 0.91 0.99 + 0.07 1.80 0.85 1.42 1.20 1.28 + 0.07 2.26 1.15 0.07 0.06 0.06 - 0.00 0.10 0.05 0.09 0.08 0.08 - 0.01 0.13 0.06 0.11 0.11 0.11 - 0.05 0.48 0.08 0.14 0.14 0.14 + 0.00 0.19 0.02 0.20 0.16 0.17 - 0.03 0.24 0.03 0.11 0.00 0.10 + 0.01 0.18 0.10 0.08 0.07 0.07 - 0.00 0.16 0.05 0.20 0.17 0.19 + 0.00 0.22 0.14 0.27 0.23 0.26 + 0.01 0.34 0.18 0.70 0.00 0.70 unch 0.00 9.10 0.60 0.32 0.26 0.31 + 0.04 0.48 0.24 0.06 0.05 0.06 - 0.00 0.23 0.04 0.08 0.07 0.07 - 0.01 0.37 0.05 0.25 0.21 0.22 + 0.02 0.38 0.15 0.17 0.13 0.16 + 0.03 0.30 0.13 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.61 0.51 0.54 - 0.07 1.75 0.52 0.47 0.39 0.40 - 0.07 1.44 0.39

B2Gold T 11041 B2Gold* X 12930 3 B4MC Gold* O Balmoral Res* O 387 Balmoral Res T 1902 Balto Res V 120 Bankers Cobalt V 706 O 163 Bankers Cobalt* Bannerman Res* O 1223 Banyan Gold V 186 Banyan Gold* O 13 Bard Ventures V 1590 Barker Mnrls V 118 Barkerville Go V 2226 O 487 Barkerville Go* Baroyeca Go&Si V 3 Barrick Gold T 12337 Barrick Gold* N 63060 Barsele Min* O 20 Barsele Min V 2 Batero Gold V 25 Bayhorse Silvr* O 439 V 993 Bayhorse Silvr BC Moly V 2 BCM Res V 93 Bear Creek Mng V 100 Bearclaw Cap V 120 Bearing Lith* O 45 Bearing Lith V 77 Beaufield Res V 1459 Beaufield Res* O 136 Beeston Ent* O 234 Bell Copper* O 4 Belmont Res V 827 Belo Sun Mng T 19199 BeMetals V 70 Benchmark Met V 58 Benton Res V 1000 Benz Mining V 96 Berkeley Egy* O 60 Berkwood Res * O 32 Berkwood Res V 539 Bitterroot Res V 245 Bitterroot Res* O 19 Black Dragon V 579 Black Dragon* O 10 Black Hills* N 1525 Black Iron* O 26 Black Iron T 459 Black Isle Res V 52 Black Mam Mtls V 90 Black Sea Cop* O 4 29 Black Sea Cop V Black Tusk Res 126 V 900 Blackheath Res Blackrock Gold V 243 Blackrock Gold* O 37 39 Blind Crk Res V BLOX Inc* O 2 O 33 Blue Moon Zinc* Blue Moon Zinc V 735 Blue Rvr Res V 373 112 Blue Sky Uran* O Blue Sky Uran V 328 O 12 Bluestone Res* Bluestone Res V 45 Bold Vent V 62 O 725 Bonanza Gldfds* BonTerra Res V 500 O 293 BonTerra Res* Boreal Metals V 18 Borneo Res Inv* O 8326 Bravada Gold V 241 Bravada Gold* O 77 V 106 Braveheart Res Bravo Multinat* O 28 Brazil Mnrls* O 24336 V 3 Brigadier Gold BrightRock Gld* O 188 O 1 Brilliant Sand* Britannia Mng* O 72 Brixton Mtls V 256 Brixton Mtls* O 24

3.10 2.87 3.06 + 0.21 4.06 2.77 2.39 2.19 2.33 + 0.17 3.30 2.10 9.00 8.50 9.00 unch 0.00 10.00 6.25 0.13 0.11 0.12 - 0.00 0.57 0.11 0.17 0.15 0.16 - 0.01 0.69 0.15 0.08 0.07 0.07 - 0.02 0.38 0.04 0.09 0.08 0.08 - 0.01 0.85 0.08 0.07 0.07 0.07 - 0.00 0.68 0.03 0.05 0.04 0.05 - 0.01 0.06 0.02 0.06 0.06 0.06 - 0.01 0.13 0.04 0.05 0.05 0.05 unch 0.00 0.10 0.03 0.13 0.07 0.10 + 0.04 0.11 0.02 0.01 0.01 0.01 unch 0.00 0.03 0.01 0.41 0.37 0.39 + 0.01 0.91 0.37 0.31 0.28 0.31 + 0.01 0.75 0.28 0.01 0.01 0.01 unch 0.00 0.04 0.01 13.88 13.11 13.63 + 0.53 22.70 12.81 10.65 10.03 10.46 + 0.44 18.35 9.72 0.43 0.42 0.42 unch 0.00 0.72 0.42 0.58 0.00 0.58 unch 0.00 1.03 0.53 0.07 0.07 0.07 unch 0.00 0.12 0.06 0.08 0.07 0.08 - 0.00 0.22 0.06 0.11 0.09 0.10 + 0.01 0.27 0.09 0.06 0.00 0.06 unch 0.00 0.16 0.04 0.24 0.20 0.22 - 0.02 0.26 0.08 1.72 1.51 1.70 + 0.17 2.74 1.44 0.05 0.05 0.05 + 0.01 0.06 0.03 0.50 0.02 0.22 + 0.01 0.23 0.02 0.30 0.00 0.29 - 0.02 1.02 0.24 0.09 0.08 0.09 - 0.01 0.22 0.06 0.07 0.07 0.07 + 0.00 0.17 0.04 0.01 0.00 0.01 + 0.00 0.01 0.00 0.06 0.06 0.06 - 0.00 0.16 0.03 0.09 0.07 0.08 + 0.01 0.10 0.02 0.24 0.17 0.23 + 0.06 0.68 0.17 0.20 0.20 0.20 unch 0.00 0.32 0.15 0.18 0.18 0.18 + 0.01 0.38 0.15 0.06 0.05 0.06 + 0.01 0.09 0.05 0.08 0.06 0.08 + 0.02 0.47 0.06 0.56 0.52 0.52 - 0.04 0.88 0.50 0.08 0.07 0.07 + 0.00 0.43 0.05 0.11 0.08 0.10 - 0.01 0.53 0.07 0.08 0.06 0.07 + 0.01 0.28 0.03 0.05 0.05 0.05 unch 0.00 0.24 0.03 0.16 0.00 0.16 + 0.02 0.39 0.14 0.11 0.11 0.11 unch 0.00 0.13 0.03 61.38 60.19 60.70 - 0.53 70.97 50.49 0.07 0.07 0.07 - 0.00 0.11 0.06 0.09 0.08 0.09 unch 0.00 0.17 0.08 0.04 0.00 0.04 - 0.01 0.06 0.03 0.11 0.11 0.11 unch 0.00 0.25 0.06 0.04 0.00 0.04 + 0.01 0.16 0.03 0.06 0.00 0.05 unch 0.00 0.21 0.04 0.21 0.18 0.21 - 0.01 0.29 0.12 0.02 0.02 0.02 unch 0.00 0.08 0.02 0.07 0.05 0.05 - 0.01 0.16 0.05 0.05 0.04 0.04 - 0.01 0.12 0.04 0.06 0.06 0.06 unch 0.00 0.38 0.05 0.23 0.23 0.23 unch 0.00 0.30 0.07 0.07 0.00 0.05 - 0.01 0.11 0.02 0.09 0.07 0.08 unch 0.00 0.14 0.03 0.03 0.03 0.03 unch 0.00 0.05 0.01 0.12 0.10 0.11 + 0.00 0.25 0.10 0.15 0.13 0.15 - 0.01 0.32 0.11 1.04 1.00 1.04 + 0.04 1.35 0.86 1.35 1.32 1.32 unch 0.00 1.60 0.95 0.03 0.03 0.03 unch 0.00 0.05 0.02 0.00 0.00 0.00 - 0.00 0.00 0.00 0.34 0.30 0.34 + 0.03 0.72 0.30 0.26 0.23 0.26 + 0.02 0.57 0.23 0.17 0.00 0.14 - 0.03 0.40 0.10 0.00 0.00 0.00 + 0.00 0.00 0.00 0.09 0.07 0.09 + 0.01 0.21 0.07 0.07 0.06 0.07 + 0.01 0.17 0.05 0.10 0.08 0.10 - 0.01 0.12 0.04 0.11 0.00 0.06 - 0.01 2.70 0.05 0.00 0.00 0.00 - 0.00 0.04 0.00 0.17 0.00 0.17 unch 0.00 0.26 0.08 0.00 0.00 0.00 - 0.00 0.01 0.00 0.05 0.05 0.05 unch 0.00 0.12 0.01 0.00 0.00 0.00 - 0.00 0.01 0.00 0.22 0.20 0.22 unch 0.00 0.49 0.17 0.17 0.16 0.17 + 0.00 0.39 0.13

B

(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

Broadway Gold* O 38 Broadway Gold V 74 O 563 Brookmount Exp* Brunswick Res V 100 Bryn Res* O 114 Buccaneer Gold V 165 Buenaventura* N 4949 Buffalo Coal V 1790 Bullfrog Gold* O 326 Bunker Hill 34 BWR Explor V 739

0.12 0.10 0.10 - 0.00 0.48 0.07 0.14 0.14 0.14 - 0.01 0.58 0.10 0.01 0.01 0.01 - 0.00 0.05 0.00 0.03 0.03 0.03 unch 0.00 0.05 0.02 0.02 0.02 0.02 unch 0.00 0.06 0.00 0.07 0.06 0.06 unch 0.00 0.18 0.03 13.12 12.02 12.77 + 0.57 16.80 11.67 0.02 0.01 0.01 unch 0.00 0.03 0.01 0.09 0.05 0.07 - 0.00 0.18 0.05 0.70 0.57 0.66 + 0.06 3.15 0.35 0.04 0.04 0.04 + 0.01 0.10 0.04

Cabral Gold V 144 Cabral Gold* O 43 Cache Expl* O 5 Cache Expl V 2228 O 1 Cadence Min* Cadillac Vent V 426 Cairo Res V 2 T 30 Caledonia Mng Caledonia Mng* X 119 Calibre Mng V 764 California Gld V 124 California Go* O 129 O 71 Callinex Mines* Callinex Mines V 217 Cameco Corp* N 7727 Cameco Corp T 3332 Cameo Cobalt* O 153 V 1234 Cameo Cobalt Camino Mnls* O 25 Camino Mnls V 167 Camrova Res V 12 Camrova Res* O 6 V 1814 Canada Cobalt Canada Cobalt * O 262 Canada One* O 5 Canada One V 60 Canadian Mng* O 34 O 66 CanAlaska Uran* CanAlaska Uran V 156 CanAm Coal* O 750 Canamex Gold 72 Canamex Gold* O 25 Canarc Res T 561 Canarc Res* O 600 Canasil Res V 425 Candelaria Mg* O 1 Candelaria Mg V 9 T 41 Candente Coppr Candente Gold* O 52 V 77 Candente Gold Canex Energy V 27 CANEX Metals V 110 2 CANEX Metals * O CaNickel Mng* O 2 CaNickel Mng V 7 Canstar Res V 80 Canstar Res* O 4 Canterra Mnls V 106 Cantex Mn Dev* O 5 V 108 Cantex Mn Dev Canuc Res V 349 Canuc Res* O 1 T 1713 Capstone Mng Caracara Silvr V 16 O 81 Caracara Silvr* Cardero Res V 110 Cardero Res* O 11 Cardinal Res T 18 Cariboo Rose V 170 Carlin Gold V 15 Carrara Explor 4039 Cartier Iron 173 Cartier Res V 713 Carube Copper V 797 O 20 Carube Copper* Casa Minerals V 149 Casablanca Mng* O 197 V 141 Cascadero Copp Castle Peak Mg V 6711 Cautivo Mining 33 Cda Carbon* O 58 Cda Carbon V 346 V 697 Cda Rare Earth Cda Rare Earth* O 95 0 Cdn Intl Mnrls* O Cdn Intl Mnrls V 64 Cdn Metals 987 V 10 Cdn Orebodies Cdn Orebodies* O 1 Cdn Platinum V 10 Cdn Zinc T 504 Cdn Zinc* O 268 O 514 CellCube Enrgy* CellCube Enrgy 2720 Centamin T 45 Centaurus Diam* O 44 Centenera Mng* O 8 V 11 Centenera Mng Centerra Gold T 3463 Central Iron V 366 Centurion Mnls V 48 Century Cobalt* O 423 T 19 Century Global Cerro Grande 49 Cerro Mng V 8 Ceylon Graph V 1580 Chakana Copper V 779 O 416 Chakana Copper* Chalice Gold M* O 6 184 Chalice Gold M T Champion Bear V 39 Champion Bear* O 19 T 507 Champion Iron Champion Iron* O 50 Chantrell Vent V 45 Chatham Rock V 21 Chatham Rock* O 0 O 29 Chesapeake Gld* Chesapeake Gld V 34 Chevron Corp* N 22255 Chiboug Ind Mn V 97 Chiboug Ind Mn* O 63 V 90 Chilean Metals Chilean Metals* O 8 Chimata Gold 284 China Gold Int T 978 Cicada Vents V 70 1 CIM Intl Grp Cipher Res* O 96 Cipher Res V 85 Claim Post Res V 1101 Clarmin Explor V 128 Clean Comm V 727 Clean Comm* O 121 Cleveland-Clif* N 35345 Cliffmont Res V 330 Clifton Mng* O 180 Cloud Peak En* N 2717 CMC Metals* O 4 CMC Metals V 82 CMX Gold & Sil 21 CNRP Mng 108 CNRP Mng* O 79 Cobalt 27 Cap V 1102 Cobalt Block V 774 Cobalt Block* O 519 Cobalt Pwr Grp* O 233 Cobalt Pwr Grp V 4600 Coeur Mng* N 14801 Colibri Res* O 5 Colibri Res V 299 Colombia Crest V 14 O 15 Colombia Crest* Colonial Coal V 176 O 3 Colorado Gold* Colorado Res* O 137 Colorado Res V 1801 T 575 Columbus Gold Columbus Gold* O 780 Comet Inds V 1 Commander Res V 62 Commander Res* O 62 O 161 Commerce Res* Commerce Res V 261 V 300 Compass Gold

0.24 0.21 0.22 + 0.01 0.50 0.20 0.17 0.17 0.17 unch 0.00 0.32 0.17 0.02 0.02 0.02 unch 0.00 0.13 0.02 0.05 0.00 0.04 + 0.01 0.17 0.04 1.07 0.00 1.07 unch 0.00 2.22 1.07 0.03 0.03 0.03 unch 0.00 0.06 0.03 0.33 0.33 0.33 unch 0.00 0.43 0.30 9.53 8.56 8.96 - 0.34 12.50 6.70 7.35 6.54 6.73 - 0.42 9.94 5.17 0.06 0.05 0.06 + 0.01 0.18 0.05 0.23 0.21 0.22 - 0.02 0.64 0.20 0.18 0.16 0.18 + 0.02 0.49 0.15 0.13 0.00 0.12 + 0.00 0.39 0.09 0.17 0.00 0.16 - 0.01 0.48 0.12 10.50 10.13 10.30 - 0.06 12.19 7.68 13.70 13.21 13.42 - 0.12 15.95 9.90 0.20 0.14 0.19 + 0.03 0.99 0.14 0.26 0.20 0.25 + 0.04 0.45 0.10 0.12 0.11 0.12 unch 0.00 0.53 0.10 0.16 0.14 0.14 - 0.01 0.71 0.14 0.08 0.00 0.08 unch 0.00 0.16 0.06 0.06 0.03 0.06 + 0.02 0.15 0.00 0.78 0.58 0.65 - 0.12 0.90 0.15 0.59 0.47 0.49 - 0.08 0.79 0.01 0.06 0.00 0.06 + 0.00 0.32 0.05 0.08 0.00 0.08 + 0.01 0.52 0.07 0.64 0.56 0.63 + 0.07 0.70 0.20 0.24 0.21 0.23 + 0.02 0.37 0.21 0.31 0.28 0.30 + 0.02 0.45 0.26 0.00 0.00 0.00 - 0.00 0.01 0.00 0.10 0.10 0.10 - 0.01 0.17 0.09 0.08 0.07 0.07 - 0.00 0.22 0.06 0.05 0.04 0.05 unch 0.00 0.11 0.04 0.04 0.03 0.04 + 0.00 0.08 0.03 0.11 0.09 0.11 + 0.01 0.19 0.07 0.32 0.30 0.30 - 0.00 0.71 0.06 0.41 0.40 0.40 unch 0.00 0.99 0.23 0.08 0.00 0.08 unch 0.00 0.21 0.07 0.02 0.02 0.02 unch 0.00 0.04 0.00 0.03 0.03 0.03 unch 0.00 0.06 0.02 0.15 0.14 0.15 + 0.02 0.40 0.14 0.06 0.05 0.05 + 0.01 0.08 0.03 0.04 0.03 0.04 + 0.00 0.06 0.02 0.08 0.08 0.08 unch 0.00 0.18 0.08 0.11 0.00 0.11 - 0.01 0.24 0.09 0.25 0.20 0.25 + 0.05 0.48 0.18 0.16 0.16 0.16 unch 0.00 0.19 0.16 0.03 0.02 0.02 - 0.01 0.06 0.02 0.16 0.15 0.15 unch 0.00 0.24 0.01 0.23 0.00 0.20 - 0.03 0.35 0.15 0.16 0.10 0.11 - 0.05 0.50 0.11 0.10 0.10 0.10 unch 0.00 0.41 0.09 0.88 0.79 0.84 - 0.02 1.62 0.77 0.11 0.11 0.11 unch 0.00 0.30 0.05 0.09 0.08 0.08 unch 0.00 0.14 0.06 0.14 0.12 0.12 - 0.01 0.22 0.09 0.10 0.00 0.09 - 0.01 0.17 0.07 0.43 0.41 0.43 + 0.06 1.05 0.37 0.03 0.02 0.02 - 0.01 0.15 0.03 0.03 0.03 0.03 unch 0.00 0.09 0.03 0.05 0.04 0.04 - 0.01 0.18 0.03 0.08 0.00 0.08 unch 0.00 0.25 0.06 0.16 0.14 0.15 unch 0.00 0.30 0.12 0.08 0.06 0.08 + 0.01 0.10 0.05 0.05 0.05 0.05 unch 0.00 0.07 0.03 0.19 0.14 0.15 unch 0.00 0.22 0.07 0.01 0.01 0.01 - 0.00 0.15 0.00 0.05 0.04 0.04 + 0.01 0.16 0.04 0.02 0.02 0.02 - 0.01 0.03 0.02 0.18 0.00 0.18 - 0.20 0.85 0.15 0.09 0.07 0.09 + 0.01 0.15 0.04 0.11 0.10 0.11 + 0.01 0.20 0.04 0.06 0.05 0.06 - 0.01 0.10 0.03 0.05 0.03 0.04 + 0.01 0.08 0.02 0.00 0.00 0.15 unch 0.00 0.41 0.06 0.17 0.15 0.17 + 0.02 0.40 0.11 0.11 0.08 0.09 unch 0.00 0.20 0.05 0.24 0.24 0.24 unch 0.00 0.39 0.17 0.18 0.18 0.18 unch 0.00 0.27 0.14 0.03 0.03 0.03 unch 0.00 0.05 0.02 0.13 0.11 0.12 - 0.01 0.23 0.11 0.10 0.08 0.09 - 0.01 0.19 0.08 0.16 0.13 0.14 - 0.01 0.60 0.11 0.22 0.17 0.18 - 0.01 0.76 0.14 1.78 1.66 1.78 + 0.03 2.96 1.66 0.16 0.14 0.15 - 0.02 0.20 0.04 0.08 0.07 0.08 + 0.01 0.21 0.07 0.10 0.10 0.10 unch 0.00 0.25 0.09 5.88 5.48 5.75 + 0.02 9.35 5.48 0.04 0.03 0.03 - 0.01 0.07 0.01 0.02 0.02 0.02 - 0.01 0.05 0.02 0.14 0.09 0.13 + 0.01 0.14 0.01 0.18 0.17 0.18 - 0.01 0.29 0.13 0.01 0.01 0.01 unch 0.00 0.03 0.01 0.17 0.17 0.17 unch 0.00 0.22 0.04 0.19 0.14 0.17 + 0.03 0.26 0.14 0.52 0.48 0.49 - 0.04 1.05 0.48 0.40 0.36 0.38 - 0.02 0.79 0.37 0.10 0.10 0.10 unch 0.00 0.25 0.10 0.15 0.14 0.15 unch 0.00 0.33 0.13 0.17 0.16 0.17 - 0.02 0.23 0.10 0.15 0.13 0.13 - 0.01 0.18 0.10 1.31 1.25 1.28 - 0.04 1.59 0.95 0.98 0.97 0.97 - 0.01 1.22 0.76 0.11 0.08 0.10 + 0.02 0.12 0.05 0.14 0.14 0.14 - 0.01 0.54 0.14 0.00 0.00 0.19 unch 0.00 0.40 0.19 1.42 1.34 1.42 + 0.08 3.23 1.29 1.99 1.76 1.85 + 0.07 4.00 1.75 119.54 117.33 119.01 + 1.21 133.88 106.33 0.06 0.06 0.06 unch 0.00 0.08 0.05 0.05 0.04 0.04 unch 0.00 0.06 0.03 0.09 0.00 0.09 - 0.02 0.44 0.08 0.08 0.08 0.08 unch 0.00 0.12 0.02 0.13 0.08 0.12 + 0.04 0.11 0.06 1.91 1.78 1.85 - 0.02 3.19 1.78 0.01 0.01 0.01 unch 0.00 0.03 0.01 0.21 0.21 0.21 unch 0.00 0.50 0.08 0.08 0.08 0.08 unch 0.00 0.27 0.05 0.12 0.10 0.12 + 0.02 0.33 0.07 0.20 0.17 0.18 - 0.01 0.27 0.03 0.12 0.10 0.10 - 0.03 0.50 0.10 0.05 0.04 0.04 unch 0.00 0.21 0.04 0.03 0.03 0.03 - 0.01 0.16 0.03 10.09 9.59 9.88 + 0.02 11.44 5.60 0.04 0.02 0.04 - 0.87 0.90 0.20 0.08 0.07 0.08 + 0.00 0.13 0.05 2.67 2.37 2.47 + 0.10 5.70 2.22 0.01 0.01 0.01 unch 0.00 0.08 0.02 0.03 0.00 0.02 unch 0.00 0.10 0.02 0.08 0.05 0.08 unch 0.00 0.12 0.04 0.51 0.00 0.49 + 0.01 0.83 0.34 0.39 0.31 0.38 + 0.06 1.98 0.02 6.76 6.05 6.64 + 0.61 14.00 5.73 0.21 0.16 0.20 + 0.06 0.40 0.01 0.17 0.12 0.16 + 0.04 0.32 0.02 0.05 0.03 0.05 + 0.00 0.29 0.03 0.06 0.05 0.06 + 0.01 0.35 0.05 5.78 5.29 5.64 + 0.02 9.87 5.29 0.02 0.02 0.02 unch 0.00 0.11 0.01 0.03 0.03 0.03 + 0.01 0.16 0.03 0.08 0.00 0.06 - 0.04 0.40 0.05 0.05 0.00 0.05 - 0.00 0.10 0.00 0.28 0.27 0.28 - 0.02 0.44 0.08 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.09 0.07 0.09 + 0.01 0.37 0.07 0.12 0.10 0.12 + 0.02 0.46 0.09 0.25 0.18 0.22 + 0.02 0.92 0.18 0.19 0.14 0.17 + 0.02 0.73 0.14 3.60 3.60 3.60 unch 0.00 3.60 2.95 0.15 0.14 0.15 + 0.01 0.30 0.13 0.11 0.11 0.11 unch 0.00 0.16 0.00 0.04 0.04 0.04 - 0.00 0.08 0.04 0.07 0.06 0.07 + 0.01 0.10 0.06 0.41 0.41 0.41 unch 0.00 0.80 0.38

C

(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

X 1676 Comstock Mng* V 576 Comstock Mtls 10 Comstock Mtls * O Condor Gold T 3 Condor Res V 629 Condor Res* O 248 O 3 Confedertn Ml* V 4 Confedertn Mls Conquest Res V 56 V 95 Cons Woodjam CONSOL Coal Rs* N 142 N 8672 CONSOL Energy* N 852 CONSOL Energy* V 97 Constantine Mt O 11 Constantine Mt* O 32 Contact Gold* Contact Gold V 168 O 93 Contact Mnrls* Contintl Gold* O 97 Contintl Gold T 913 Contintl Prec* O 2 Contintl Prec V 6 V 238 Copper Fox Mtl 3 Copper Fox Mtl* O 35 Copper Lake Rs V T 827 Copper Mtn Mng 52 Copper Mtn Mng* O O 0 Copper North M* Copper North M V 2479 Copper One V 78 7 Copper One * O 230 Copper Reef Mg Copperbank Res 262 O 140 Copperbank Res* 30 Coral Gold * O Coral Gold V 190 Cordoba Mnls V 420 O 176 Cordoba Mnls* Core Gold V 358 Core Gold* O 112 Core Lithium* O 1 V 801 Cornerstone Ca O 250 Cornerstone Ca* O 185 Cornerstone Mt* V 975 Cornerstone Mt Coro Mining T 1983 Corsa Coal V 374 89 Corsa Coal * O Corvus Gold T 329 Corvus Gold* O 92 CR Capital V 187 2 Crazy Horse Res* O Critical Elem V 463 Critical Elem* O 31 V 410 CROPS O 2 Crown Mining* Crown Mining V 20 Cruz Cobalt V 535 Cruz Cobalt* O 258 Crystal Lake V 943 Crystal Lake* O 84 Crystal Peak* O 200 Crystal Peak V 478 O 0 CTGX Mining* V 89 Currie Rose Rs O 1 Currie Rose Rs* 2 CWN M’g Acq V O 511 Cyclone Uran* Cypress Dev* O 164 Cypress Dev V 576

0.15 0.18 0.16 0.17 + 0.02 1.02 0.04 unch 0.00 0.16 0.05 0.05 0.05 0.03 0.03 0.03 unch 0.00 0.13 0.03 0.47 0.86 0.72 0.72 - 0.14 1.75 0.06 0.07 0.06 0.06 - 0.01 0.14 0.04 0.06 0.04 0.05 - 0.00 0.11 0.21 0.24 0.23 0.24 + 0.01 0.60 0.27 0.30 0.00 0.30 - 0.04 0.81 0.01 unch 0.00 0.10 0.03 0.03 0.03 0.03 0.05 0.04 0.04 - 0.02 0.09 18.20 16.95 18.00 + 1.00 18.40 12.56 11.69 16.02 15.07 15.91 + 0.72 18.37 19.51 43.50 41.05 41.51 - 1.20 48.12 0.52 0.64 0.58 0.61 - 0.03 1.40 0.12 0.50 0.00 0.46 - 0.02 0.65 0.20 0.35 0.32 0.32 + 0.02 0.37 0.27 0.45 0.40 0.41 + 0.01 0.79 0.06 0.28 0.11 0.27 - 0.01 0.45 2.26 2.76 2.55 2.72 + 0.08 3.22 2.90 3.65 3.33 3.53 + 0.08 4.13 0.21 0.31 0.31 0.31 - 0.01 0.34 0.26 unch 0.00 0.46 0.41 0.00 0.41 0.09 0.11 0.10 0.10 - 0.01 0.18 0.08 0.08 0.08 + 0.00 0.15 0.07 0.03 0.03 0.03 unch 0.00 0.10 0.03 0.98 1.08 1.02 1.04 - 0.01 1.85 0.82 0.79 0.80 + 0.00 1.47 0.75 0.02 0.03 0.00 0.03 - 0.00 0.07 0.05 0.04 0.05 + 0.01 0.11 0.04 0.04 0.13 0.10 0.13 + 0.03 0.22 0.09 0.08 0.09 + 0.01 0.18 0.03 0.02 0.02 0.02 unch 0.00 0.03 0.01 0.04 unch 0.00 0.15 0.07 0.00 0.06 0.03 unch 0.00 0.12 0.05 0.04 0.04 0.28 0.26 0.27 + 0.01 0.35 0.16 0.33 0.37 0.34 0.37 + 0.01 0.43 0.10 0.13 0.11 0.12 + 0.01 0.75 0.08 0.09 0.08 0.09 + 0.02 0.62 0.22 0.31 0.28 0.29 - 0.02 0.40 0.18 0.23 0.20 0.22 + 0.00 0.34 0.10 0.55 0.00 0.50 - 0.05 4.07 0.15 unch 0.00 0.47 0.16 0.15 0.15 0.11 0.12 0.11 0.12 - 0.00 0.39 0.13 1.01 0.91 1.00 + 0.02 1.41 0.12 1.33 1.16 1.33 + 0.03 1.88 0.08 0.11 0.08 0.08 - 0.02 0.16 1.01 1.33 1.16 1.30 + 0.10 2.30 0.95 0.92 0.95 + 0.01 2.25 0.69 0.73 2.59 2.24 2.55 + 0.20 3.20 0.58 2.00 1.71 1.96 + 0.15 2.45 0.04 0.06 0.00 0.04 - 0.03 0.15 0.09 0.09 0.09 unch 0.00 0.18 0.09 0.65 0.85 0.80 0.83 + 0.01 1.86 0.51 0.64 0.62 0.63 + 0.01 1.48 0.03 unch 0.00 0.14 0.04 0.04 0.04 0.08 unch 0.00 0.21 0.08 0.08 0.08 0.08 0.01 0.28 0.10 - 0.13 0.00 0.08 0.11 0.09 0.11 + 0.02 0.41 0.06 0.08 0.06 0.07 + 0.00 0.35 0.16 0.63 0.36 0.59 + 0.17 1.12 0.13 0.49 0.28 0.47 + 0.17 0.84 0.21 0.25 0.24 0.25 - 0.01 0.46 0.29 0.33 0.00 0.33 + 0.02 0.58 0.10 unch 0.00 0.25 0.00 0.00 0.25 0.04 0.10 0.08 0.08 - 0.02 0.20 0.03 0.06 0.06 0.06 - 0.01 0.07 0.06 0.06 0.06 unch 0.00 0.25 0.06 0.00 unch 0.00 0.02 0.00 0.00 0.00 0.08 0.30 0.25 0.29 + 0.03 0.34 0.10 0.39 0.34 0.37 + 0.04 0.43

Dajin Res V 405 Dajin Res* O 570 722 Dakota Ter Res* O Daleco Res* O 300 Dalradian Res* O 895 Dalradian Res T 3105 Damara Gold V 212 Danakali* O 144 Debut Dmds 168 Decade Res V 925 Decade Res* O 2 Declan Res 15 V 422 Deep-South Res Defiance Silvr V 74 O 448 Defiance Silvr* Delrand Res V 103 T 1958 Denison Mines X 1566 Denison Mines* Desert Gold* O 10 Desert Gold V 87 Desert Lion* O 24 Desert Lion V 2211 V 161 Desert Mtn Egy 40 Desert Mtn Egy* O Detour Gold T 3608 O 78 Diamante Min* Diamcor Mng V 19 O 62 Diamcor Mng* O 745 Diamond Disc* V 68 Diamond Fields O 58 Diamond Fields* Dios Expl V 200 O 403 Discovery Gold* V 80 Discovery Harb V 3 Discovery Met 15646 O Discovery Mnls* V 150 Discovery-Corp District Cop* O 128 District Cop V 7696 Ditem Explor* O 6 O 100 Diversified Rs* DNI Metals 205 DNI Metals* O 228 O 102 Dolat Ventures* 102 Dolly Vard Sil* O 83 Dolly Vard Sil V V 1429 Doubleview Cap DRDGOLD* N 323 Duncan Park H V 10277 836 Dundee Prec Mt T O 64 Dunnedin Vent* 0 Duran Vent * O Duran Vent V 137 Durango Res V 692 Durango Res* O 50 DV Resources V 30 O 120 DV Resources* 63 Dynacor Gld Mn* O 224 Dynacor Gld Mn T O 0 Dynamic Gold* O 10 DynaResource* Dynasty Gold V 27 O 150 Dynasty Gold* E3 Metals V 149 E3 Metals* O 29 V 46 Eagle Graphite O 0 Eagle Graphite* Eagle Plains V 270 East Africa V 861 61 East Africa * O 52 East Asia Mnls* O 962 East Asia Mnls V EastCoal Inc V 12 O 9 Eastern Platin* Eastern Platin T 29 Eastern Res* O 44 Eastern Zinc V 15 Eastfield Res V 44 O 229 Eastmain Res* Eastmain Res T 603 Eco Oro Mnls 238 O 16 Eco Oro Mnls* eCobalt Solns T 2721 O 1539 eCobalt Solns* V 34 Edgewater Expl O 15 Edgewater Expl* 458 El Capitan Prc* O El Nino Vent V 28 Elcora Res V 67 Elcora Res* O 30 20875 N Eldorado Gold* T 4519 Eldorado Gold Eloro Mnrls* O 15 Eloro Mnrls V 1 305 Ely Gold Royal V O 52 Ely Gold Royal* Elysee Dev * O 60

0.08 0.11 0.09 0.11 + 0.01 0.22 0.06 0.09 0.07 0.08 - 0.00 0.17 0.05 0.03 0.05 + 0.02 0.10 0.03 0.00 unch 0.00 0.01 0.00 0.00 0.00 1.12 1.10 1.11 + 0.01 1.37 0.67 0.89 unch 0.00 1.69 1.46 1.44 1.45 0.04 0.05 0.05 0.05 + 0.01 0.22 0.44 0.61 0.57 0.61 + 0.03 0.69 0.01 0.01 0.00 0.01 + 0.01 0.03 0.05 unch 0.00 0.20 0.06 0.06 0.06 0.04 0.05 0.05 0.05 - 0.00 0.16 0.15 unch 0.00 0.39 0.27 0.27 0.27 0.12 0.14 0.12 0.13 + 0.01 0.45 0.22 0.27 0.24 0.24 - 0.03 0.44 0.17 0.21 0.17 0.20 - 0.00 0.35 0.38 0.65 0.55 0.62 - 0.02 2.44 0.50 0.66 0.62 0.62 - 0.01 0.80 0.38 0.50 0.48 0.48 - 0.00 0.64 0.12 unch 0.00 0.24 0.12 0.12 0.12 0.14 unch 0.00 0.30 0.15 0.15 0.15 0.46 unch 0.00 1.07 0.46 0.46 0.46 0.32 0.43 0.32 0.35 - 0.05 2.35 0.06 0.18 0.16 0.17 - 0.01 0.25 0.14 0.13 0.14 + 0.00 0.20 0.01 10.91 10.11 10.74 + 0.46 17.86 9.11 0.02 0.22 0.18 0.20 - 0.01 0.24 0.31 0.38 0.00 0.35 + 0.03 0.79 0.20 unch 0.00 0.62 0.26 0.24 0.24 0.00 0.00 0.00 0.00 - 0.00 0.00 0.08 0.10 0.00 0.10 + 0.02 0.15 0.06 0.07 0.00 0.07 + 0.01 0.11 0.06 0.07 0.06 0.07 + 0.01 0.19 0.00 0.01 0.00 0.01 - 0.00 0.01 0.05 unch 0.00 0.08 0.07 0.07 0.07 0.27 unch 0.00 0.92 0.31 0.31 0.31 0.00 unch 0.00 0.00 0.00 0.00 0.00 0.01 0.02 0.01 0.01 - 0.01 0.04 0.04 0.08 0.06 0.06 - 0.02 0.16 0.05 0.12 0.08 0.09 - 0.03 0.21 0.00 unch 0.00 0.00 0.00 0.00 0.00 0.02 0.03 0.03 0.03 - 0.01 0.14 0.06 unch 0.00 0.15 0.08 0.07 0.07 0.01 0.06 0.04 0.06 + 0.00 0.12 0.41 0.50 0.45 0.49 - 0.02 15.80 0.36 0.31 0.36 + 0.03 0.84 0.29 0.47 0.41 0.47 + 0.04 1.04 0.38 0.04 unch 0.00 0.13 0.11 0.09 0.10 2.02 2.19 2.02 2.13 - 0.01 4.11 0.01 0.02 0.00 0.01 unch 0.01 0.01 3.01 2.86 2.97 + 0.02 3.60 2.34 0.12 0.13 0.12 0.12 - 0.01 0.26 0.00 0.00 0.04 unch 0.00 0.08 0.03 0.04 0.06 0.00 0.05 - 0.01 0.10 0.06 0.08 0.06 0.06 - 0.01 0.14 0.05 unch 0.00 0.08 0.06 0.06 0.06 0.10 0.16 0.14 0.14 - 0.02 0.50 0.11 unch 0.00 0.44 0.14 0.11 0.11 1.35 0.00 1.29 + 0.17 1.85 1.03 1.74 1.50 1.71 + 0.22 2.26 1.47 0.75 unch 0.00 3.00 0.00 0.00 2.50 1.00 unch 0.00 1.50 1.25 1.20 1.25 0.10 0.19 0.16 0.19 + 0.03 0.27 0.07 unch 0.00 0.22 0.13 0.12 0.12 0.32 0.37 0.33 0.34 + 0.01 1.01 0.25 0.25 0.00 0.25 - 0.02 0.77 0.12 0.18 0.15 0.17 + 0.02 0.36 0.01 unch 0.00 0.18 0.00 0.00 0.11 0.09 unch 0.00 0.29 0.11 0.10 0.10 0.14 0.23 0.19 0.19 - 0.01 0.37 0.13 0.13 0.13 unch 0.00 0.28 0.10 0.06 0.04 0.06 + 0.02 0.17 0.02 0.08 0.06 0.08 + 0.01 0.23 0.03 0.07 0.20 0.13 0.13 - 0.08 0.30 0.19 0.23 0.19 0.19 - 0.01 0.37 0.24 0.27 0.00 0.25 + 0.01 0.50 0.03 unch 0.00 0.10 0.04 0.04 0.04 0.17 unch 0.00 0.46 0.24 0.24 0.24 0.03 unch 0.00 0.05 0.04 0.00 0.04 0.13 0.16 0.14 0.16 + 0.02 0.32 0.16 0.21 0.18 0.20 + 0.01 0.38 0.15 0.21 0.18 0.19 - 0.02 0.45 0.12 0.15 0.00 0.13 - 0.02 0.34 0.54 0.90 0.67 0.80 + 0.16 2.10 0.41 0.69 0.51 0.63 + 0.13 1.74 0.12 unch 0.00 0.21 0.16 0.16 0.16 0.09 unch 0.00 0.14 0.12 0.12 0.12 0.02 0.01 0.02 + 0.00 0.06 0.01 0.02 0.05 0.04 0.04 - 0.02 0.08 0.13 unch 0.00 0.56 0.20 0.18 0.18 0.12 0.15 0.13 0.13 - 0.02 0.44 0.80 1.03 0.94 1.02 + 0.08 2.44 1.03 1.33 1.23 1.32 + 0.09 2.98 0.38 unch 0.00 0.96 0.42 0.38 0.38 0.47 unch 0.00 1.27 0.00 0.00 0.50 0.11 0.09 0.10 + 0.01 0.15 0.09 0.07 0.08 0.07 0.08 - 0.00 0.13 0.20 0.30 0.27 0.28 - 0.00 0.31

D-F

2018-08-27 12:20 PM

GLOBAL MINING NEWS

(100s) Stock

THE NORTHERN MINER / SEPTEMBER 3–16, 2018

Week

12-month

Exc Volume High Low Last Change High Low

Elysee Dev V 61 Emerita Res V 246 Emgold Mng* O 15 Emgold Mng V 2 Empire Rock V 18 EMX Royalty* X 235 EMX Royalty V 25 Encanto Potash* O 41 V 172 Encanto Potash EnCore Energy V 2557 T 1134 Endeavour Mng O 20 Endeavour Mng* Endeavr Silver* N 3933 T 823 Endeavr Silver Endurance Gold* O 8 V 100 Endurance Gold Energy Fuels* X 4150 Energy Fuels T 1109 O 5 Enforcer Gold* Enforcer Gold V 664 Engineer Gold V 12 Engold Mines V 366 Engold Mines* O 17 Ensurge* O 1 Entree Gold* X 241 Entree Gold T 386 Equinox Gold V 2059 Equitorial Ex V 3754 Equitorial Ex* O 11 Erdene Res Dev* O 100 396 Erdene Res Dev T Erin Ventures* O 14 Erin Ventures V 81 T 302 Ero Copper Ero Copper* O 1 30 Eros Res Corp* O 31 Eros Res Corp V Eros Res Corp V 31 Eskay Mng V 1067 Essex Minerals V 30 Ethos Gold* O 4 Ethos Gold V 60 Euro Sun Mg* O 27 517 Euro Sun Mg T EurOmax Res* O 28 EurOmax Res T 60 O 151 European Elect* European Elect V 178 O 942 European Metal* Eurotin V 88 Everton Res* O 28 Everton Res V 1025 EVI Global Grp 343 Evolving Gold 5 Evolving Gold* O 1 Evrim Res V 462 Excellon Res T 136 Excellon Res* O 100 O 270 Excelsior Mng* Excelsior Mng T 598 V 167 ExGen Res Inc Explor Res* O 34 Explor Res V 2163 Explorex Res 127 Explorex Res* O 75 O 0 Fairmile Gold* Fairmont Res V 668 Falco Res V 2511 52 Falco Res * O Falcon Gold V 267 V 376 Fancamp Expl Far Res* O 157 Far Res 2697 O 1 Fengro Industr* Filo Mg Corp V 48 Finlay Minrls V 490 Fiore Gold* O 230 Fiore Gold V 372 0 Fire River Gol* O Firebird Res V 455 Firesteel Res V 277 Firesteel Res* O 42 Firestone Diam* O 7 V 89 Firestone Vent Fireweed Zinc V 162 O 122 Fireweed Zinc* O 409 Firma Holdings* First Bauxite V 42 First Cobalt * O 1521 First Cobalt V 4125 O 1700 First Colombia* First Energy* O 5 First Energy V 5 First Legacy V 80 First Liberty* O 9317 First Majestic T 4407 N 13240 First Majestic* First Mexican V 1028 T 2448 First Mg Fin First Mg Fin * O 1618 First Point* O 25 First Quantum T 8775 Fission 3.0 V 174 Fission 3.0* O 60 Fission Uran* O 1018 Fission Uran T 1586 83 Five Star Diam V Fjordland Exp* O 217 Fjordland Exp V 180 Flowery Gold* O 2 O 307 Focus Graphite* V 1634 Focus Graphite Foran Mng V 11 Forsys Metals T 664 Fort St J Nick V 42 O 10 Fortescue Met* Fortuna Silvr T 1627 Fortuna Silvr* N 2990 Fortune Bay V 1 Fortune Bay* O 1 O 988 Fortune Mnrls* Fortune Mnrls T 2205 Forum Energy V 527 O 26 Forum Energy* Four Nines 90 14 Fox River Res 4 Fox River Res* O FPX Nickel V 37 N 2319 Franco-Nevada* Franco-Nevada T 2402 Franklin Mng* O 27 Freedom Egy V 93 Freegold Vent T 1372 N Freeport McMoR* 13.22 Freeport Res V 6 Fremont Gold V 188 Fremont Gold* O 1 Fresnillo plc* O 13 Frontier Lith V 192 Frontline Gold V 835 0 Full Metal Mnl* O Fura Gems V 112 Fura Gems* O 12

0.38 0.35 0.36 + 0.01 0.39 0.26 0.06 0.04 0.06 + 0.01 0.17 0.04 0.13 0.13 0.13 - 0.00 0.25 0.09 0.20 0.00 0.18 unch 0.00 0.31 0.14 0.13 0.11 0.11 unch 0.00 0.30 0.11 1.19 1.06 1.15 + 0.02 1.47 0.67 1.50 1.39 1.43 + 0.08 1.75 0.85 0.21 0.16 0.21 + 0.06 0.22 0.02 0.30 0.21 0.23 - 0.01 0.70 0.18 0.12 0.09 0.10 + 0.01 0.11 0.04 20.30 18.71 19.73 + 0.77 26.86 18.09 15.40 14.47 15.20 + 1.03 21.72 13.87 2.38 2.17 2.33 + 0.13 3.35 1.94 3.09 2.84 3.03 + 0.14 4.40 2.50 0.05 0.05 0.05 unch 0.00 0.06 0.04 0.07 0.06 0.07 + 0.01 0.09 0.05 3.57 3.21 3.27 - 0.06 3.64 1.30 4.64 4.18 4.24 - 0.08 4.65 1.66 0.03 0.03 0.03 unch 0.00 0.13 0.03 0.05 0.04 0.05 - 0.01 0.18 0.04 0.10 0.09 0.10 - 0.01 0.12 0.08 0.20 0.14 0.18 + 0.02 0.35 0.14 0.12 0.11 0.12 + 0.01 0.26 0.11 0.05 0.05 0.05 unch 0.00 0.09 0.02 0.40 0.37 0.37 + 0.01 0.69 0.33 0.52 0.48 0.49 + 0.01 0.85 0.42 1.09 1.02 1.08 + 0.02 1.39 0.88 0.06 0.05 0.05 unch 0.00 0.15 0.05 0.05 0.03 0.05 + 0.02 0.11 0.03 0.31 0.27 0.31 + 0.03 0.75 0.25 0.41 0.35 0.40 + 0.04 0.94 0.32 0.10 0.10 0.10 unch 0.00 0.23 0.06 0.22 0.15 0.22 + 0.07 0.33 0.08 8.83 7.83 8.70 + 0.90 10.85 4.70 6.66 0.00 6.66 + 0.82 8.12 3.88 0.09 0.07 0.09 + 0.02 0.18 0.07 0.11 0.10 0.11 + 0.01 0.23 0.10 0.11 0.10 0.11 + 0.01 0.23 0.10 0.38 0.26 0.29 + 0.01 0.51 0.18 0.08 0.08 0.08 unch 0.00 0.25 0.07 0.10 0.10 0.10 + 0.00 0.23 0.10 0.15 0.13 0.14 + 0.01 0.28 0.13 0.78 0.57 0.64 + 0.07 1.49 0.57 1.16 0.74 0.77 + 0.03 1.83 0.72 0.12 0.11 0.11 - 0.01 0.33 0.08 0.18 0.15 0.15 - 0.02 0.37 0.11 0.14 0.09 0.14 + 0.03 0.79 0.09 0.17 0.13 0.17 + 0.04 0.93 0.12 0.00 0.00 0.00 + 0.00 0.01 0.00 0.09 0.09 0.09 unch 0.00 0.13 0.05 0.03 0.03 0.03 + 0.00 0.05 0.02 0.04 0.03 0.04 unch 0.00 0.06 0.03 0.35 0.27 0.35 unch 0.00 0.43 0.03 0.09 0.00 0.09 unch 0.00 0.41 0.08 0.06 0.00 0.05 - 0.01 0.32 0.05 1.12 1.02 1.08 - 0.03 1.70 0.20 1.27 1.09 1.23 + 0.11 2.30 1.05 0.98 0.85 0.95 + 0.09 1.87 0.80 0.82 0.69 0.76 + 0.06 1.21 0.62 1.06 0.91 0.98 + 0.08 1.50 0.82 0.02 0.02 0.02 - 0.01 0.03 0.01 0.03 0.02 0.03 - 0.00 0.07 0.02 0.03 0.03 0.03 unch 0.00 0.09 0.03 0.34 0.29 0.34 unch 0.00 0.65 0.18 0.24 0.24 0.24 unch 0.00 0.31 0.15 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.02 0.02 0.02 unch 0.00 0.04 0.01 0.45 0.36 0.36 - 0.08 1.25 0.41 0.34 0.28 0.28 - 0.08 1.01 0.33 0.04 0.00 0.04 unch 0.00 0.08 0.04 0.07 0.07 0.07 - 0.01 0.18 0.05 0.10 0.08 0.10 + 0.00 0.87 0.08 0.13 0.10 0.12 - 0.02 1.10 0.10 0.07 0.07 0.07 unch 0.00 0.20 0.07 2.20 2.13 2.20 + 0.05 2.80 2.00 0.04 0.03 0.03 - 0.01 0.34 0.03 0.30 0.25 0.28 + 0.01 0.95 0.25 0.38 0.33 0.36 + 0.02 1.18 0.33 0.00 0.00 0.01 unch 0.00 0.51 0.00 0.04 0.00 0.03 - 0.02 0.09 0.01 0.16 0.15 0.15 - 0.01 0.17 0.05 0.12 0.11 0.11 - 0.01 0.12 0.09 0.06 0.06 0.06 unch 0.00 0.06 0.05 0.09 0.08 0.08 - 0.01 0.19 0.05 1.16 1.05 1.12 - 0.06 2.14 0.67 0.87 0.81 0.86 + 0.00 1.67 0.54 0.04 0.04 0.04 - 0.00 0.13 0.02 0.05 0.04 0.05 + 0.01 0.06 0.03 0.38 0.22 0.36 + 0.15 1.30 0.20 0.50 0.29 0.46 + 0.18 1.65 0.26 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.12 0.12 0.12 - 0.01 0.32 0.10 0.17 0.16 0.17 + 0.01 0.43 0.15 0.14 0.12 0.12 - 0.01 0.25 0.13 0.00 0.00 0.00 + 0.00 0.00 0.00 7.35 6.79 7.16 + 0.34 11.09 6.24 5.64 5.19 5.51 + 0.26 8.48 4.93 0.06 0.03 0.05 + 0.02 0.07 0.01 0.41 0.35 0.39 + 0.04 0.72 0.34 0.31 0.27 0.30 + 0.03 0.59 0.26 0.07 0.07 0.07 - 0.00 0.13 0.06 17.99 16.84 17.59 + 0.41 23.05 12.82 0.12 0.10 0.10 - 0.03 0.28 0.08 0.10 0.00 0.08 - 0.02 0.17 0.02 0.50 0.46 0.48 - 0.00 0.72 0.43 0.65 0.60 0.62 unch 0.00 0.89 0.55 0.10 0.09 0.10 + 0.01 0.30 0.09 0.17 0.15 0.16 + 0.03 0.47 0.10 0.23 0.16 0.16 - 0.02 0.59 0.12 0.12 0.12 0.12 unch 0.00 0.30 0.12 0.03 0.03 0.03 unch 0.00 0.08 0.02 0.04 0.03 0.04 unch 0.00 0.11 0.03 0.41 0.33 0.37 + 0.02 0.62 0.24 0.24 0.21 0.22 + 0.01 0.24 0.09 0.34 0.00 0.34 unch 0.00 0.59 0.15 3.10 0.00 2.96 - 0.11 4.79 2.91 6.17 5.89 6.07 + 0.14 7.78 5.13 4.74 4.49 4.67 + 0.14 6.08 4.03 0.00 0.00 0.35 unch 0.00 0.56 0.32 0.24 0.00 0.24 - 0.03 0.47 0.20 0.11 0.08 0.10 + 0.01 0.33 0.00 0.14 0.10 0.12 + 0.02 0.38 0.10 0.05 0.05 0.05 - 0.01 0.09 0.04 0.04 0.03 0.03 + 0.00 0.07 0.03 0.08 0.08 0.08 unch 0.00 0.16 0.07 0.07 0.00 0.06 unch 0.00 0.15 0.05 0.04 0.04 0.04 unch 0.00 0.08 0.04 0.10 0.09 0.10 unch 0.00 0.18 0.07 67.76 65.43 66.73 - 0.05 86.06 64.50 88.48 85.60 86.95 - 0.45 110.18 84.87 0.00 0.00 0.00 - 0.00 0.00 0.00 0.07 0.06 0.06 - 0.01 0.12 0.04 0.08 0.06 0.06 - 0.01 0.14 0.06 71076 14.79 13.83 14.47 + 0.50 20.25

Gabriel Res* O 27 Gabriel Res V 146 Gainey Capital V 145 Galane Gold V 962 Galane Gold * O 24 V 27 Galantas Gold O 107 Galantas Gold* Galore Res V 50 Galway Gold V 34 Galway Mtls* O 152 Galway Mtls V 2971 GAR Limited 10254 Garibaldi Res * O 179 Garibaldi Res V 917 General Moly* X 880 General Moly T 138 Generation Min 96 Generic Gold 43 Genesis Mtls* O 986 Genesis Mtls V 560 5 Genius Props * O Genius Props 536 Gensource Pot V 170 Gentor Res V 10 Geomega Res V 95 O 64 Geomega Res* 201 Gespeg Cop Res V Getty Copper V 372 O 79 GFG Resources* GGL Res* O 1

0.26 0.24 0.24 - 0.02 0.34 0.22 0.34 0.31 0.32 - 0.03 0.45 0.28 0.05 0.05 0.05 - 0.01 0.20 0.05 0.05 0.05 0.05 + 0.01 0.08 0.05 0.04 0.03 0.03 - 0.00 0.07 0.03 0.10 0.09 0.09 - 0.01 0.13 0.07 0.08 0.06 0.08 + 0.01 0.10 0.06 0.03 0.03 0.03 + 0.01 0.06 0.01 0.17 0.15 0.17 unch 0.00 0.64 0.14 0.15 0.14 0.14 - 0.00 0.36 0.13 0.20 0.18 0.19 - 0.02 0.45 0.17 0.13 0.10 0.11 unch 0.00 0.65 0.07 2.26 1.94 2.21 + 0.35 4.12 0.51 2.97 2.53 2.85 + 0.37 5.27 0.63 0.46 0.36 0.39 + 0.03 0.51 0.28 0.63 0.45 0.51 + 0.06 0.60 0.35 0.15 0.11 0.15 + 0.03 0.20 0.08 0.18 0.18 0.18 unch 0.00 0.32 0.18 0.06 0.05 0.05 + 0.01 0.18 0.04 0.07 0.06 0.07 + 0.01 0.22 0.05 0.16 0.16 0.16 unch 0.00 0.22 0.16 0.29 0.25 0.29 + 0.05 0.31 0.12 0.13 0.12 0.12 - 0.01 0.16 0.06 0.06 0.06 0.06 - 0.02 0.20 0.06 0.09 0.09 0.09 unch 0.00 0.20 0.06 0.06 0.06 0.06 unch 0.00 0.12 0.04 0.04 0.03 0.04 + 0.01 0.07 0.02 0.03 0.03 0.03 unch 0.00 0.04 0.02 0.20 0.16 0.18 - 0.02 0.66 0.15 0.07 0.00 0.07 - 0.01 0.13 0.07

0.06 0.06 0.06 unch 0.00 0.08 0.03 0.12 0.11 0.11 - 0.01 0.22 0.10 0.08 0.00 0.08 unch 0.00 0.17 0.08 12.53 11.36 12.53 + 0.70 22.04 11.21 0.42 0.39 0.40 + 0.01 0.85 0.33 0.02 0.01 0.02 - 0.01 0.03 0.01 0.00 0.00 0.00 unch 0.00 0.12 0.00 0.40 0.38 0.40 + 0.01 1.13 0.34 0.32 0.28 0.28 - 0.03 1.23 0.27

G-H

20-23_SEPT3_StockTables.indd 21

(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

GGL Res V 21 GGX Gold V 1287 GGX Gold* O 22 Giga Metals* O 141 Giga Metals V 325 Gitennes Expl V 492 Giyani Gold V 204 Giyani Gold* O 16 Glacier Lake V 10 Gldn Predator* O 84 Gldn Predator V 168 90 Glen Eagle Res V Glencore Plc* O 931 Global Atomic V 802 Global Cobalt* O 29 Global Energy V 172 O 22 Global Energy* Global Gold* O 0 O 0 Global Hunter* Global Li-Ion 49 Global Li-Ion* O 23 3 GlobalMin Vent* O Globex Mng* O 16 Globex Mng T 26 GMV Minerals* O 20 GMV Minerals V 53 GNCC Capital* O 48494 Go Cobalt 153 GobiMin V 2 GoGold Res T 253 O 1760 Gold Dynamics* Gold Fields* O 0 23603 Gold Fields* N O 1219 Gold Finder Ex* Gold Finder Ex V 354 Gold Lakes* O 6 Gold Reserve V 19 O 24 Gold Reserve* X 1936 Gold Resource* Gold Rush Cari V 95 797 Gold Std Vents T Gold Std Vents* X 1228 V 1 Goldbank Mng O 1 Goldbank Mng* Goldcliff Res* O 41 Goldcliff Res V 64 Goldcorp T 13850 Goldcorp* N 37234 Golden Arrow V 208 Golden Arrow* O 332 Golden Band* O 113 Golden Cariboo V 495 V 550 Golden Dawn Ml O 22 Golden Dawn Ml* Golden Global* O 22 O 15 Golden Goliath* Golden Goliath V 230 Golden Harp V 0 Golden Hope V 158 Golden Hope* O 33 Golden Mnls* X 1275 Golden Mnls T 320 Golden Peak Mn V 1123 5 Golden Peak Mn* O Golden Pursuit V 16 O 5 Golden Pursuit* Golden Queen T 310 O 190 Golden Queen* Golden Reign V 773 Golden Ridge V 15797 Golden Share V 35 Golden Share* O 35 Golden Star T 526 Golden Star* X 5115 Golden Sun* O 400 Golden Tag V 375 Golden Valley* O 679 Golden Valley V 839 Goldex Res* O 2 Goldex Res V 66 T 21 Goldgroup Mng Goldgroup Mng* O 72 GoldMining T 424 GoldMining* O 302 GoldON Res V 15 Goldplay Expl V 218 GoldQuest Mng V 780 Goldrea Res 176 Goldrea Res* O 5 Goldrich Mng* O 454 O 331 Goldsource Min* Goldsource Min V 572 O 30 Goldstar Mnls* Goldstar Mnls V 237 Goldstream Mnl V 41 V 80 Goldstrike Res Goliath Res V 2543 Goliath Res* O 39 Gossan Res V 34 GoviEx Uranium* O 495 V 915 GoviEx Uranium Gowest Gold* O 299 Gowest Gold V 733 GPM Metals V 7 GPM Metals* O 202 O 144 Gran Colombia* Gran Colombia T 476 Granada Gold V 345 O 16 Granada Gold* Grande Portage V 1458 O 0 Grande Portage* Granite Ck Gld V 10 Graphite Egy* O 248 Graphite Egy 36 Graphite One V 885 O 240 Graphite One* Gratomic V 2293 Gratomic* O 16 44 Gray Rock Res V Great Atlantic V 475 Great Bear Res V 7376 Great Bear Res* O 518 O 412 Great Lakes Gr* 215 Great Lakes Gr V Great Panther T 209 X 2534 Great Panther* Great Quest Fe V 243 V 75 Great Thunder O 240 Great Western* Green Arrow V 45 Green River 556 Green Swan Cap V 108 64 Green Valley M V V 188 Greencastle Rs Greenland M&En* O 842 V 3 Greenshield Ex Grenville Gold V 3 Grid Metals V 241 Grid Metals* O 68 Grizzly Discvr* O 250 Grizzly Discvr V 84 Grosvenor Res V 70 Group Eleven V 377 85 Group Ten Mtls* O Group Ten Mtls V 47 O 13 GrowMax Res* GrowMax Res V 569 GT Gold V 1159 O 76 GT Gold * GTA Res & Mng V 302 V 48 Guerrero Vents Gungnir Res V 150 Gungnir Res* O 131 Gunpoint Expl V 25 Guyana Gldflds T 1840 V 58 Guyana Goldstr Guyana Goldstr* O 25 O 24 Handa Mining* Handa Mining V 233 Handeni Gold* O 1 V 321 Hannan Metals Hannan Metals* O 420 113 Happy Ck Mnrls V V 75 Harfang Explor Harmony Gold* N 20085 Harte Gold* O 102 Harte Gold T 988 Harvest Gold* O 50 Harvest Gold V 623 Havilah Mining* O 24 V 729 Havilah Mining Hawkeye Gld&Di V 482 V 163 Heatherdale Rs Hecla Mining* N 20976 Helio Res V 84 Hellix Vent* O 8 O 2 Hemcare Health*

0.10 0.00 0.10 + 0.01 0.19 0.10 0.13 0.11 0.11 - 0.03 0.20 0.07 0.09 0.08 0.08 - 0.03 0.16 0.06 0.18 0.15 0.18 + 0.01 0.72 0.11 0.28 0.20 0.25 + 0.03 0.92 0.13 0.06 0.05 0.06 + 0.01 0.15 0.04 0.17 0.15 0.17 unch 0.00 0.50 0.15 0.15 0.12 0.15 unch 0.00 0.41 0.12 0.03 0.03 0.03 unch 0.00 0.13 0.03 0.30 0.28 0.30 + 0.01 0.92 0.25 0.40 0.37 0.40 + 0.02 1.14 0.33 0.15 0.14 0.15 unch 0.00 0.25 0.11 8.24 7.75 8.15 + 0.37 11.68 7.50 0.33 0.30 0.32 + 0.02 0.59 0.20 0.01 0.01 0.01 unch 0.00 0.43 0.00 0.08 0.06 0.07 unch 0.00 0.27 0.06 0.06 0.05 0.05 - 0.00 0.22 0.06 0.00 0.00 2.00 unch 0.00 5.77 1.78 0.00 0.00 0.00 unch 0.00 0.10 0.00 0.20 0.16 0.20 + 0.01 0.97 0.16 0.19 0.11 0.16 + 0.01 0.80 0.11 0.58 0.55 0.58 + 0.03 140.00 0.55 0.28 0.28 0.28 + 0.01 0.47 0.27 0.41 0.37 0.37 - 0.05 0.58 0.35 0.16 0.16 0.16 - 0.00 0.42 0.12 0.22 0.20 0.20 - 0.03 0.49 0.17 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.16 0.16 0.16 + 0.03 0.22 0.07 0.37 0.37 0.37 unch 0.00 0.55 0.30 0.34 0.32 0.32 - 0.02 0.63 0.31 0.00 0.00 0.00 - 0.00 0.01 0.00 0.00 0.00 3.60 unch 0.00 4.80 3.53 2.61 2.39 2.54 + 0.05 4.70 2.36 0.22 0.21 0.22 - 0.01 1.33 0.00 0.32 0.27 0.29 - 0.04 1.85 0.11 0.04 0.00 0.03 unch 0.00 5.00 0.01 3.39 3.16 3.22 - 0.29 5.35 2.50 2.80 2.40 2.47 - 0.22 4.25 2.05 5.31 4.89 5.26 + 0.25 7.33 3.52 0.12 0.11 0.11 + 0.01 0.35 0.10 2.18 1.88 2.18 + 0.32 2.46 1.50 1.67 1.43 1.66 + 0.24 2.01 1.15 0.00 0.00 0.14 unch 0.00 0.34 0.13 0.10 0.10 0.10 unch 0.00 0.16 0.10 0.07 0.06 0.06 + 0.00 0.41 0.06 0.09 0.08 0.08 unch 0.00 0.52 0.08 14.70 13.90 14.52 + 0.48 19.32 13.66 11.28 10.63 11.15 + 0.41 15.55 10.38 0.50 0.48 0.49 - 0.01 0.72 0.37 0.39 0.36 0.38 + 0.02 0.58 0.29 0.00 0.00 0.00 unch 0.00 0.01 0.00 0.06 0.05 0.05 unch 0.00 0.18 0.05 0.15 0.13 0.13 - 0.02 0.63 0.13 0.11 0.11 0.11 - 0.01 0.31 0.10 0.12 0.09 0.12 + 0.02 0.19 0.00 0.02 0.02 0.02 + 0.00 0.05 0.01 0.04 0.03 0.03 + 0.01 0.06 0.03 0.00 0.00 0.06 unch 0.00 0.20 0.01 0.09 0.07 0.08 + 0.01 0.14 0.06 0.07 0.05 0.05 - 0.02 0.11 0.06 0.30 0.23 0.26 + 0.03 0.64 0.21 0.39 0.28 0.33 + 0.03 0.74 0.28 0.39 0.31 0.36 + 0.06 0.56 0.16 0.30 0.23 0.28 + 0.04 0.41 0.22 0.11 0.00 0.11 - 0.01 0.21 0.11 0.09 0.09 0.09 unch 0.00 0.16 0.09 0.18 0.14 0.17 - 0.01 0.68 0.14 0.14 0.11 0.14 - 0.01 0.54 0.11 0.20 0.20 0.20 unch 0.00 0.37 0.18 0.51 0.39 0.44 - 0.01 0.51 0.11 0.17 0.00 0.15 - 0.01 0.30 0.09 0.13 0.13 0.13 unch 0.00 0.20 0.09 0.94 0.88 0.91 - 0.05 1.17 0.70 0.73 0.68 0.70 - 0.02 0.92 0.56 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.08 0.07 0.07 unch 0.00 0.08 0.03 0.22 0.18 0.22 + 0.05 0.25 0.16 0.28 0.24 0.27 + 0.04 0.31 0.22 0.37 0.00 0.37 + 0.03 1.96 0.29 0.60 0.46 0.50 + 0.06 2.56 0.32 0.06 0.00 0.05 - 0.01 0.12 0.05 0.05 0.04 0.04 + 0.01 0.09 0.03 0.88 0.85 0.88 + 0.03 1.82 0.85 0.68 0.64 0.68 + 0.02 1.45 0.60 0.16 0.00 0.14 unch 0.00 0.20 0.12 0.20 0.18 0.18 - 0.02 0.34 0.16 0.19 0.17 0.19 + 0.02 0.46 0.16 0.09 0.07 0.08 unch 0.00 0.38 0.04 0.07 0.07 0.07 unch 0.00 0.30 0.03 0.03 0.03 0.03 + 0.00 0.06 0.02 0.06 0.04 0.06 - 0.00 0.11 0.03 0.08 0.07 0.07 - 0.01 0.14 0.05 0.07 0.07 0.07 unch 0.00 0.08 0.07 0.09 0.06 0.08 - 0.01 0.11 0.03 0.09 0.08 0.09 unch 0.00 0.18 0.05 0.15 0.14 0.14 + 0.01 0.39 0.12 0.19 0.15 0.17 + 0.01 0.40 0.08 0.15 0.13 0.13 + 0.02 0.21 0.11 0.07 0.07 0.07 unch 0.00 0.12 0.05 0.17 0.15 0.16 - 0.01 0.27 0.14 0.21 0.20 0.21 unch 0.00 0.33 0.17 0.05 0.04 0.05 + 0.00 0.18 0.04 0.07 0.06 0.06 - 0.01 0.22 0.06 0.00 0.00 0.05 unch 0.00 0.17 0.04 0.04 0.03 0.04 + 0.01 0.10 0.02 1.77 1.64 1.73 + 0.11 2.62 1.12 2.30 2.12 2.25 + 0.12 3.45 1.39 0.21 0.18 0.21 + 0.02 0.44 0.17 0.16 0.00 0.16 + 0.02 0.40 0.13 0.23 0.19 0.19 - 0.02 0.71 0.14 0.00 0.00 0.17 unch 0.00 0.56 0.12 0.10 0.10 0.10 unch 0.00 0.17 0.08 0.09 0.05 0.08 + 0.00 1.56 0.06 0.10 0.08 0.10 unch 0.00 1.76 0.08 0.06 0.05 0.05 - 0.01 0.12 0.04 0.05 0.04 0.04 - 0.01 0.09 0.03 0.12 0.11 0.11 - 0.01 0.32 0.05 0.09 0.09 0.09 - 0.01 0.21 0.04 0.09 0.09 0.09 unch 0.00 0.57 0.09 0.07 0.06 0.07 + 0.01 0.24 0.06 2.02 0.57 1.95 + 1.40 1.76 0.26 1.53 0.43 1.46 + 1.03 1.30 0.21 0.05 0.03 0.04 - 0.00 0.08 0.02 0.06 0.05 0.06 unch 0.00 0.09 0.03 1.19 1.10 1.17 + 0.01 1.86 1.02 0.91 0.84 0.90 + 0.01 1.46 0.78 0.10 0.06 0.10 + 0.04 0.24 0.06 0.02 0.02 0.02 unch 0.00 0.06 0.02 0.00 0.00 0.00 unch 0.00 0.01 0.00 0.03 0.03 0.03 unch 0.00 0.19 0.02 0.06 0.05 0.06 + 0.01 0.09 0.03 0.05 0.03 0.04 + 0.01 0.09 0.03 0.35 0.30 0.35 unch 0.00 0.50 0.08 0.08 0.07 0.08 + 0.01 0.18 0.07 0.06 0.06 0.06 + 0.00 0.10 0.05 0.12 0.12 0.12 unch 0.00 0.15 0.06 0.00 0.00 0.09 unch 0.00 0.17 0.08 0.10 0.07 0.08 - 0.01 0.52 0.07 0.07 0.06 0.07 + 0.01 0.37 0.06 0.08 0.08 0.08 + 0.01 0.11 0.03 0.11 0.08 0.09 + 0.01 0.14 0.04 0.20 0.20 0.20 unch 0.00 0.20 0.15 0.15 0.14 0.15 + 0.01 0.40 0.14 0.14 0.12 0.13 + 0.01 0.23 0.09 0.18 0.16 0.18 + 0.01 0.28 0.10 0.09 0.09 0.09 unch 0.00 0.13 0.06 0.14 0.13 0.14 - 0.01 0.19 0.09 0.65 0.49 0.65 + 0.15 2.76 0.41 0.49 0.37 0.48 + 0.11 2.24 0.31 0.03 0.03 0.03 unch 0.00 0.06 0.03 0.12 0.12 0.12 unch 0.00 0.30 0.10 0.12 0.11 0.12 + 0.01 0.22 0.07 0.10 0.07 0.10 + 0.01 0.17 0.06 0.35 0.35 0.35 unch 0.00 0.41 0.16 3.77 3.55 3.74 + 0.11 5.42 3.50 0.30 0.28 0.30 unch 0.00 0.39 0.15 0.22 0.21 0.22 unch 0.00 0.28 0.14 0.04 0.04 0.04 unch 0.00 0.12 0.04 0.08 0.06 0.07 + 0.01 0.18 0.05 0.05 0.00 0.05 unch 0.00 0.13 0.02 0.21 0.16 0.20 + 0.01 0.43 0.10 0.17 0.12 0.16 + 0.00 0.34 0.08 0.17 0.15 0.17 + 0.02 0.26 0.14 0.26 0.25 0.26 unch 0.00 0.35 0.22 1.65 1.45 1.60 + 0.11 2.53 1.43 0.24 0.22 0.24 + 0.00 0.53 0.22 0.32 0.30 0.31 + 0.01 0.66 0.29 0.05 0.05 0.05 unch 0.00 0.07 0.03 0.07 0.05 0.07 + 0.02 0.09 0.04 0.26 0.24 0.24 - 0.01 0.35 0.20 0.34 0.31 0.32 - 0.02 0.69 0.25 0.08 0.06 0.07 - 0.01 0.12 0.04 0.04 0.03 0.03 unch 0.00 0.08 0.03 2.95 2.66 2.88 + 0.14 5.54 2.62 0.09 0.08 0.08 unch 0.00 0.50 0.08 0.03 0.00 0.03 unch 0.00 0.07 0.01 0.44 0.44 0.44 + 0.01 2.30 0.11

(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

Heron Res* O 3 HFX Holding V 232 Highbank Res V 200 V 1004 Highland Copp Highland Copp* O 275 V 59 Highway 50 Gld HiHo Silver 71 HiHo Silver* O 50 Hinterland Mtl V 603 Hochschild Mg* O 10 O 12 Homeland Egy* V 7 Homeland Egy Honey Badger E V 774 10 Honey Badger E* O Horizonte Mnls T 117 O 9 Hornby Bay Mnl* 126 Hornby Bay Mnl V HudBay Mnls* N 2457 HudBay Mnls T 6108 Hudson Res V 349 Hudson Res* O 14 Hunt Mng* O 38 Hunt Mng V 15 82 Hut 8 Mining* O Hut 8 Mining V 148 V 100 Hybrid Mineral Hycroft Mg* O 22

0.41 0.00 0.41 + 0.01 0.85 0.40 0.06 0.05 0.06 unch 0.00 0.12 0.04 0.03 0.03 0.03 + 0.01 0.06 0.02 0.07 0.06 0.07 + 0.01 0.17 0.06 0.05 0.04 0.05 + 0.00 0.14 0.04 0.40 0.38 0.38 - 0.06 0.46 0.22 0.06 0.06 0.06 unch 0.00 0.14 0.03 0.05 0.05 0.05 unch 0.00 0.07 0.04 0.03 0.02 0.02 - 0.01 0.05 0.02 2.31 2.28 2.31 + 0.02 3.80 2.10 0.13 0.13 0.13 unch 0.00 0.24 0.13 0.21 0.18 0.18 unch 0.00 0.38 0.18 0.10 0.09 0.09 - 0.01 0.20 0.04 0.08 0.06 0.08 + 0.01 0.16 0.03 0.07 0.06 0.06 unch 0.00 0.11 0.04 0.02 0.02 0.02 - 0.00 0.07 0.00 0.05 0.03 0.03 + 0.01 0.08 0.00 5.10 4.70 4.90 + 0.25 10.25 4.35 6.59 6.15 6.41 + 0.28 12.65 5.77 0.47 0.40 0.42 + 0.01 0.64 0.38 0.35 0.31 0.31 - 0.02 0.52 0.29 0.16 0.15 0.16 + 0.00 0.41 0.11 0.23 0.21 0.21 + 0.01 0.51 0.13 2.47 2.06 2.39 + 0.33 3.74 1.88 3.23 2.58 3.09 + 0.44 5.00 0.05 0.12 0.12 0.12 - 0.04 0.55 0.12 0.01 0.01 0.01 unch 0.00 0.50 0.01

I-Minerals* O 16 I-Minerals V 77 IAMGOLD T 7545 19256 IAMGOLD* N Iconic Mnls V 392 Iconic Mnls * O 40 IDM Mining* O 92 IDM Mining V 353 IEMR Res V 89 IGC Res V 4 iMetal Res* O 206 iMetal Res V 763 IMPACT Silver V 304 O 2 Impala Platnm* Imperial Metal* O 95 Imperial Metal T 623 115 Imperial Mg Gr V Inca One Gold* O 27 219 Inca One Gold V Inception Mng * O 17 V 123 Independence G O 14 Independence G* Indico Res V 95 Indigo Expl V 15 Infinite Lith* O 172 Infinite Lith V 607 Inform Res V 6 Infrastructure* O 46 Inomin Mines V 25 Inspiration Mg* O 3 Inspiration Mg 1051 Intact Gold V 911 Integra Res* O 71 Integra Res V 282 Inter-Rock Mnl V 46 O 63 Inter-Rock Mnl* Interconnect V 15 Intercontinent V 79 252 Intgr Egy Sol* O Intl Battery* O 828 Intl Battery 1133 Intl Bethl Mng V 126 Intl Cobalt* O 133 Intl Cobalt 2671 Intl Corona V 102 Intl Lithium* O 103 Intl Lithium V 819 Intl Millm Mng V 76 Intl Montoro* O 195 Intl Montoro V 148 10 Intl Prospect * O Intl Prospect V 3 Intl Samuel Ex V 3322 13100 Intl Star* O Intl Tower Hil* X 355 31 Intl Tower Hil T Intl Zeolite V 669 Intl Zeolite* O 14 Intrepid Pots* N 2938 INV Metals* O 7 INV Metals T 150 25 Inventus Mg * O Inventus Mg V 16 InZinc Mining V 322 InZinc Mining* O 189 O 196 Ireland* Ironside Res V 72 Irving Res 182 Irving Res* O 117 IsoEnergy Ltd V 50 O 14 Itafos* V 59 Itafos Itoco Mg Corp* O 41 O 671 Ivanhoe Mines* Ivanhoe Mines T 6627 Jade Leader* O 170 Jade Leader V 46 Jaeger Res * O 3 Jaeger Res V 11 Jaguar Mng T 1164 Jaguar Mng* O 191 Japan Gold V 773 Japan Gold* O 29 Jasper Mng V 1 Jaxon Mining* O 9 Jaxon Mining V 842 Jayden Res V 480 Jazz Res V 0 3 JDF Explor Inc Jiulian Res V 68 Jourdan Res V 266 V 1767 Juggernaut Exp Juggernaut Exp* O 179 V 154 K2 Gold K92 Mng Inc* O 289 K92 Mng Inc V 1071 Kaizen Discov V 120 Kaizen Discvry* O 40 O 150 Kapuskasing Gd* Kapuskasing Gd V 152 Karmin Expl V 41 Karnalyte Res T 12 Karoo Expl V 364 KAT Expl* O 1887 Katanga Mng T 1244 V 976 Kenadyr Mining O 204 Kenadyr Mining* Kermode Res V 68 Kerr Mines* O 36 Kerr Mines T 83 O 9 Kesselrun Res* V 274 Kesselrun Res Kestrel Gold V 587 Khan Res 265 Kilo Goldmines V 1231 O 82 Kilo Goldmines* O 4 Kincora Copper* Kincora Copper V 122 1 Kings Bay Res* O Kings Bay Res V 261 V 34 Kingsmen Res O 36 Kingsmen Res* Kinross Gold T 17169 43579 Kinross Gold* N Kintavar Exp V 119 Kirkland Lake* N 5603 Kirkland Lake T 3141 Klondike Gold* O 331 Klondike Gold V 621 Klondike Silv* O 11 Klondike Silv V 403 V 72 Kombat Copper Komet Resource V 199 O 142 Kootenay Silvr* Kootenay Silvr V 421 Kootenay Zinc 87 O 14 Kootenay Zinc* Kutcho Copper * O 63 KWG Res* O 4 KWG Res 467

0.15 0.15 0.15 unch 0.00 0.32 0.14 0.23 0.00 0.23 + 0.04 0.42 0.19 5.57 5.11 5.50 + 0.10 8.87 5.11 4.28 3.90 4.23 + 0.10 7.25 3.90 0.11 0.10 0.11 + 0.01 0.43 0.04 0.09 0.08 0.08 - 0.00 0.28 0.03 0.06 0.05 0.06 + 0.00 0.12 0.04 0.07 0.07 0.07 + 0.01 0.15 0.06 0.02 0.02 0.02 unch 0.00 0.05 0.01 0.15 0.15 0.15 unch 0.00 0.25 0.05 0.07 0.07 0.07 - 0.00 0.12 0.05 0.11 0.09 0.10 - 0.01 0.18 0.05 0.34 0.29 0.32 + 0.02 0.56 0.26 1.25 1.25 1.25 unch 0.00 2.68 1.25 1.05 0.92 1.02 + 0.12 3.37 0.72 1.41 1.17 1.29 + 0.12 4.12 0.93 0.11 0.00 0.11 + 0.03 0.27 0.05 0.04 0.04 0.04 + 0.00 0.10 0.03 0.05 0.05 0.05 unch 0.00 0.13 0.04 0.14 0.00 0.12 unch 0.00 0.39 0.05 0.08 0.08 0.08 unch 0.00 0.21 0.08 0.06 0.05 0.05 - 0.01 0.17 0.05 0.02 0.01 0.01 - 0.01 0.03 0.01 0.02 0.02 0.02 unch 0.00 0.06 0.02 0.13 0.08 0.11 + 0.04 0.34 0.08 0.17 0.13 0.16 + 0.03 0.45 0.09 0.14 0.09 0.09 - 0.06 0.39 0.09 0.00 0.00 0.00 unch 0.00 0.01 0.00 0.05 0.05 0.05 unch 0.00 0.20 0.02 0.03 0.00 0.03 - 0.00 0.20 0.01 0.05 0.03 0.03 - 0.02 0.27 0.02 0.17 0.15 0.17 unch 0.00 1.18 0.14 0.69 0.66 0.67 + 0.01 1.83 0.05 0.90 0.85 0.87 unch 0.00 1.40 0.77 0.32 0.28 0.32 + 0.04 0.59 0.25 0.24 0.23 0.24 unch 0.00 0.35 0.23 0.11 0.11 0.11 unch 0.00 0.11 0.05 0.50 0.00 0.46 + 0.06 0.65 0.11 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.16 0.12 0.14 - 0.00 1.11 0.13 0.22 0.16 0.21 + 0.01 1.38 0.17 0.05 0.00 0.04 - 0.01 0.17 0.03 0.09 0.06 0.06 + 0.00 0.31 0.06 0.12 0.07 0.09 unch 0.00 0.45 0.07 0.05 0.00 0.05 + 0.01 0.08 0.03 0.08 0.06 0.06 - 0.02 0.18 0.05 0.11 0.07 0.08 - 0.03 0.23 0.08 0.03 0.03 0.03 unch 0.00 0.04 0.01 0.06 0.05 0.06 unch 0.00 0.06 0.03 0.06 0.05 0.06 + 0.01 0.08 0.03 0.11 0.11 0.11 unch 0.00 0.28 0.08 0.00 0.00 0.20 unch 0.00 0.38 0.09 0.13 0.09 0.11 - 0.01 0.30 0.03 0.00 0.00 0.00 - 0.00 0.00 0.00 0.49 0.45 0.47 - 0.00 0.78 0.29 0.67 0.60 0.62 + 0.02 0.99 0.38 0.20 0.13 0.19 + 0.05 0.65 0.13 0.12 0.10 0.12 + 0.00 0.51 0.10 3.42 3.25 3.40 + 0.11 5.31 3.12 0.33 0.26 0.30 - 0.02 0.75 0.31 0.50 0.35 0.40 + 0.02 0.97 0.35 0.15 0.15 0.15 + 0.00 0.31 0.09 0.21 0.20 0.21 - 0.02 0.39 0.12 0.09 0.08 0.09 + 0.01 0.24 0.08 0.07 0.06 0.07 + 0.00 0.19 0.06 0.08 0.08 0.08 + 0.00 0.26 0.05 0.12 0.12 0.12 unch 0.00 0.21 0.09 1.14 1.03 1.09 + 0.02 1.52 0.66 0.87 0.79 0.84 + 0.03 1.22 0.52 0.37 0.34 0.37 + 0.02 0.73 0.26 1.61 0.00 1.34 - 0.27 2.25 0.97 2.10 0.00 1.77 - 0.18 2.90 1.14 0.04 0.04 0.04 unch 0.00 1.20 0.04 1.92 1.53 1.92 + 0.34 3.95 1.53 2.49 2.00 2.49 + 0.44 5.01 2.00 0.28 0.27 0.28 unch 0.00 0.38 0.06 0.37 0.29 0.33 - 0.04 0.50 0.08 0.02 0.02 0.02 unch 0.00 0.06 0.02 0.04 0.04 0.04 + 0.01 0.07 0.02 0.21 0.18 0.20 + 0.02 0.41 0.18 0.16 0.14 0.15 + 0.00 0.33 0.13 0.12 0.09 0.12 + 0.02 0.39 0.09 0.08 0.07 0.08 - 0.00 0.30 0.07 0.00 0.00 0.08 unch 0.00 0.18 0.06 0.10 0.09 0.10 unch 0.00 0.27 0.08 0.13 0.11 0.13 + 0.01 0.41 0.10 0.13 0.11 0.11 unch 0.00 0.38 0.08 0.00 0.00 0.08 unch 0.00 0.09 0.06 0.00 0.00 0.05 unch 0.00 0.15 0.01 0.10 0.08 0.09 - 0.02 0.15 0.02 0.07 0.06 0.07 unch 0.00 0.16 0.04 0.42 0.36 0.40 + 0.02 0.59 0.17 0.31 0.28 0.31 + 0.02 1.10 0.25 0.33 0.21 0.30 + 0.09 0.41 0.18 0.64 0.54 0.63 + 0.08 0.79 0.31 0.82 0.71 0.82 + 0.10 1.04 0.41 0.10 0.08 0.09 - 0.01 0.17 0.05 0.08 0.07 0.07 - 0.02 0.13 0.04 0.03 0.03 0.03 unch 0.00 0.04 0.02 0.03 0.02 0.03 + 0.01 0.06 0.01 0.95 0.67 0.84 + 0.17 1.50 0.62 0.35 0.00 0.35 - 0.03 0.75 0.34 0.18 0.14 0.15 + 0.01 1.10 0.14 0.00 0.00 0.00 + 0.00 0.00 0.00 0.85 0.77 0.78 - 0.02 2.83 0.69 0.12 0.10 0.12 + 0.02 0.36 0.10 0.09 0.07 0.09 + 0.02 0.28 0.07 0.02 0.01 0.02 + 0.01 0.03 0.01 0.14 0.12 0.13 + 0.00 0.34 0.12 0.18 0.17 0.17 - 0.01 0.41 0.17 0.06 0.05 0.05 - 0.00 0.17 0.05 0.08 0.06 0.06 - 0.03 0.23 0.07 0.03 0.02 0.03 + 0.01 0.19 0.02 0.08 0.08 0.08 unch 0.00 0.18 0.06 0.02 0.02 0.02 unch 0.00 0.07 0.02 0.02 0.02 0.02 - 0.00 0.06 0.02 0.12 0.00 0.12 unch 0.00 0.32 0.10 0.20 0.16 0.19 + 0.04 0.42 0.11 0.03 0.03 0.03 unch 0.00 0.12 0.03 0.04 0.04 0.04 unch 0.00 0.16 0.04 0.38 0.27 0.38 + 0.11 0.38 0.10 0.27 0.23 0.27 + 0.03 0.27 0.07 3.97 3.68 3.87 + 0.07 5.96 3.66 3.05 2.82 2.99 + 0.10 4.91 2.78 0.39 0.34 0.39 + 0.01 0.65 0.10 20.05 18.75 19.53 - 0.21 23.86 11.52 26.19 24.56 25.46 - 0.36 30.94 14.70 0.25 0.21 0.23 + 0.00 0.49 0.16 0.33 0.28 0.33 + 0.04 0.60 0.22 0.04 0.00 0.03 - 0.01 0.08 0.02 0.05 0.05 0.05 unch 0.00 0.10 0.04 0.14 0.12 0.12 - 0.02 0.49 0.12 0.17 0.16 0.16 - 0.02 0.48 0.17 0.11 0.10 0.11 + 0.01 0.23 0.09 0.15 0.13 0.15 + 0.01 0.29 0.13 0.11 0.00 0.10 + 0.01 0.95 0.07 0.08 0.06 0.08 + 0.01 0.91 0.04 0.26 0.00 0.24 + 0.02 0.84 0.21 0.01 0.00 0.01 unch 0.00 0.02 0.01 0.02 0.01 0.02 unch 0.00 0.03 0.01

Labdr Iron Mns* O 35 V 90 Labrador Gold Labrador Gold* O 13 Labrador Iron T 1000

0.00 0.00 0.00 - 0.00 0.11 0.00 0.23 0.22 0.22 unch 0.00 0.35 0.06 0.19 0.19 0.19 unch 0.00 0.19 0.05 26.00 24.28 25.68 + 1.10 28.55 18.77

I-J-K

L

(100s) Stock

Week

21

12-month

Exc Volume High Low Last Change High Low

Lara Expl V 60 Laramide Res T 2335 Laredo Res* O 2996 Largo Res T 7562 Largo Res* O 6833 Lateral Gold V 14 895 Latin Am Mnls V Latin Am Mnls* O 284 68 Laurion Mnl Ex* O Laurion Mnl Ex V 161 12 Le Mare Gold* O LeadFX Inc* O 0 Leading Edge V 142 O 170 Leading Edge* Leagold Mg T 651 Leagold Mg* O 381 Leeta Gold V 3882 Legion Metals 19 Lepanto Con Mg* O 111 Levon Res Ltd T 257 183 Levon Res Ltd * O V 398 Libero Copper Liberty Gold* O 161 Liberty One Li V 609 Liberty One Li* O 1125 LiCo Energy* O 544 LiCo Energy V 976 Lincoln Mng V 11 60 Lion One Mtls V Lion One Mtls* O 25 V 49 Lions Bay Cap 20 Lions Gate Mtl* O Lithium Amer T 413 659 Lithium Amer* N Lithium Chile* O 170 Lithium Chile V 288 Lithium Corp* O 546 Lithium Energi* O 6 V 16 Lithium Energi Lithium Energy V 22 Lithium Expl* O 1591 V 1967 Lithoquest Dia Lithoquest Dia* O 2 LKA Gold* O 21 Lode-Star Mg* O 2 Logan Res* O 3 Lomiko Mtls* O 31 Lomiko Mtls V 262 Loncor Res* O 149 Loncor Res T 279 O 222 Lone Star Gold* Lonmin plc* O 34 Lorraine Coppr* O 4 V 510 Lorraine Coppr Los Andes Copp V 119 LSC Lithium* O 56 Lucara Diam T 978 Lucky Mnls * O 686 Lucky Mnls V 3305 Luckystrike V 208 Lumina Gold* O 55 Lumina Gold V 144 Lund Enterpr V 137 Lundin Gold T 94 Lundin Mng T 10794 Lupaka Gold V 147 Lydian Intl* O 155 Lydian Intl T 924 Lynas Corp* O 87 Lynas Corp* O 48

0.61 0.59 0.60 unch 0.00 0.99 0.50 0.34 0.31 0.33 unch 0.00 0.55 0.23 0.03 0.02 0.02 - 0.00 0.05 0.00 2.90 2.49 2.63 + 0.07 2.90 0.61 2.24 1.90 2.02 + 0.07 2.24 0.50 0.73 0.70 0.71 - 0.01 1.05 0.55 0.03 0.02 0.03 + 0.01 0.16 0.02 0.02 0.01 0.02 + 0.01 0.12 0.01 0.07 0.07 0.07 + 0.01 0.08 0.01 0.11 0.10 0.11 + 0.01 0.11 0.01 0.15 0.00 0.05 unch 0.00 2.35 0.03 0.00 0.00 0.69 unch 0.00 1.57 0.48 0.48 0.43 0.43 unch 0.00 1.01 0.36 0.37 0.32 0.33 + 0.01 0.80 0.26 2.24 2.07 2.19 + 0.12 3.48 1.87 1.71 1.59 1.68 + 0.11 2.80 1.43 0.72 0.66 0.71 + 0.01 6.75 0.62 0.10 0.08 0.10 + 0.03 0.21 0.05 0.00 0.00 0.00 + 0.00 0.02 0.00 0.18 0.16 0.17 unch 0.00 0.41 0.16 0.14 0.12 0.14 + 0.01 0.34 0.12 0.09 0.09 0.09 unch 0.00 0.15 0.07 0.33 0.31 0.32 + 0.01 0.44 0.30 0.16 0.14 0.15 - 0.01 2.49 0.14 0.13 0.10 0.12 + 0.01 1.95 0.10 0.03 0.02 0.03 + 0.00 0.90 0.02 0.04 0.03 0.04 + 0.01 0.20 0.03 0.02 0.00 0.02 unch 0.00 0.05 0.02 0.56 0.00 0.54 + 0.07 0.77 0.45 0.38 0.00 0.38 + 0.02 0.62 0.35 0.08 0.07 0.07 - 0.02 0.25 0.07 0.06 0.06 0.06 unch 0.00 0.42 0.05 5.56 5.25 5.44 + 0.22 14.06 4.58 4.29 4.03 4.18 + 0.16 10.95 3.50 0.81 0.57 0.62 + 0.04 0.97 0.54 0.83 0.74 0.80 + 0.04 1.35 0.46 0.21 0.19 0.20 - 0.00 0.62 0.07 0.23 0.21 0.23 + 0.03 0.75 0.13 0.32 0.00 0.30 + 0.03 0.97 0.15 0.32 0.00 0.31 unch 0.00 1.50 0.22 0.02 0.01 0.02 + 0.00 0.13 0.01 0.40 0.15 0.16 - 0.34 0.88 0.15 0.37 0.37 0.37 unch 0.00 0.51 0.29 0.18 0.11 0.17 + 0.05 0.55 0.11 0.03 0.03 0.03 unch 0.00 0.05 0.02 0.00 0.00 0.00 unch 0.00 0.04 0.00 0.04 0.03 0.04 - 0.00 0.24 0.03 0.05 0.04 0.04 - 0.01 0.31 0.04 0.06 0.05 0.05 + 0.00 0.09 0.04 0.09 0.00 0.09 + 0.03 0.11 0.06 0.01 0.00 0.01 - 0.00 0.03 0.00 0.50 0.47 0.47 + 0.01 1.40 0.45 0.09 0.05 0.07 + 0.02 0.12 0.01 0.12 0.10 0.10 - 0.02 0.19 0.07 0.30 0.28 0.30 - 0.01 0.47 0.20 0.32 0.30 0.30 - 0.02 1.31 0.31 2.20 2.14 2.17 unch 0.00 2.91 1.97 0.16 0.11 0.15 + 0.04 0.18 0.06 0.21 0.15 0.20 + 0.06 0.23 0.09 0.35 0.21 0.35 + 0.07 0.35 0.21 0.60 0.56 0.57 - 0.02 0.67 0.46 0.78 0.73 0.75 - 0.04 0.85 0.60 0.24 0.00 0.13 - 0.10 0.24 0.10 4.91 4.76 4.88 + 0.11 5.57 4.07 6.55 6.26 6.42 - 0.01 10.22 6.05 0.19 0.14 0.18 + 0.03 0.29 0.11 0.18 0.13 0.18 + 0.04 0.50 0.13 0.24 0.18 0.24 + 0.05 0.63 0.15 1.63 1.53 1.56 - 0.03 2.20 0.12 1.67 1.55 1.55 - 0.04 2.20 0.55

M M.P.V. Explor 116 0.19 0.17 0.19 + 0.04 0.30 0.12 O 79 0.02 0.02 0.02 - 0.00 0.10 0.02 Macarthur Mnl* Macarthur Mnl V 1461 0.03 0.03 0.03 unch 0.00 0.12 0.02 O 4 0.05 0.00 0.05 + 0.00 0.11 0.04 MacDonald Mns* MacDonald Mns V 180 0.06 0.05 0.05 - 0.01 0.16 0.05 V 53 1.80 1.63 1.80 + 0.05 2.35 1.33 MacMillan Mnls 10.33 - 0.38 16.29 9.65 MAG Silver T 899 10.88 9.65 Magellan Gold* O 115 0.03 0.00 0.03 + 0.00 0.10 0.01 0.03 Magna Terra V 1135 0.04 0.03 0.04 + 0.01 0.07 Magnitude Mng V 36 0.17 0.16 0.16 unch 0.00 0.30 0.16 unch 0.00 0.01 0.00 Magnus Intl* O 2 0.00 0.00 0.00 0.04 Majestic Gold V 240 0.09 0.08 0.08 - 0.01 0.10 Majestic Gold* O 65 0.06 0.05 0.05 - 0.01 0.08 0.03 0.08 Makena Res 332 0.09 0.08 0.08 - 0.02 0.24 Makena Res* O 233 0.08 0.07 0.07 - 0.01 0.15 0.06 V 265 0.05 0.04 0.05 unch 0.00 0.16 0.04 Mammoth Res unch 0.00 0.24 0.04 Manado Gold V 50 0.05 0.05 0.05 Mandalay Res T 636 0.18 0.15 0.17 + 0.02 0.38 0.15 O 66 0.14 0.11 0.13 + 0.01 0.33 0.11 Mandalay Res* Manganese X* O 11 0.12 0.00 0.12 + 0.03 0.21 0.08 unch 0.00 0.28 0.08 Manganese X V 172 0.16 0.15 0.15 V 10 0.03 0.03 0.03 unch 0.00 0.04 0.02 Mangazeya Mng Manitou Gold V 176 0.09 0.08 0.08 - 0.01 0.19 0.05 200 0.08 0.07 0.08 unch 0.00 0.15 0.05 Manitou Gold * O Maple Gold V 1326 0.13 0.10 0.12 + 0.02 0.34 0.10 0.07 Maple Gold* O 400 0.10 0.07 0.09 + 0.00 0.27 O 171 0.67 0.64 0.67 + 0.01 1.03 0.63 Marathon Gold* Marathon Gold T 400 0.87 0.83 0.86 + 0.01 1.28 0.83 V 278 0.04 0.03 0.04 unch 0.00 0.16 0.03 Margaret Lake Margaux Res V 20 0.15 0.15 0.15 unch 0.00 0.35 0.12 0.10 Marifil Mines V 477 0.16 0.11 0.14 + 0.04 0.32 0.01 Marifil Mines* O 518 0.13 0.08 0.11 + 0.02 0.17 Maritime Res V 486 0.09 0.08 0.08 - 0.01 0.14 0.07 0.11 Marlin Gold V 198 0.15 0.13 0.13 - 0.02 1.05 MartinMarietta* N 2371 206.87 202.34 205.77 + 2.77 241.33 189.27 0.06 Mas Gold V 260 0.07 0.00 0.07 - 0.03 0.15 O 171 0.78 0.71 0.75 - 0.03 2.47 0.71 Mason Graphite* Mason Graphite V 796 1.02 0.91 0.97 - 0.04 3.15 0.92 0.01 Mason Res* O 3 0.12 0.11 0.11 - 0.00 0.29 Mason Res T 233 0.17 0.15 0.16 + 0.01 0.35 0.15 V 5 0.16 0.16 0.16 - 0.02 0.33 0.16 Matachewan Con 0.06 Matica Ent* O 186 0.18 0.12 0.16 + 0.05 0.64 Matica Ent 11320 0.23 0.15 0.22 + 0.07 0.81 0.08 unch 0.00 0.02 0.01 Matmown* O 1 0.01 0.01 0.01 Maudore Mnrls* O 277 0.00 0.00 0.00 + 0.00 0.00 0.00 1.03 Maverix Mtls* O 7 1.36 1.26 1.36 + 0.07 1.72 unch 0.00 0.65 0.23 Mawson Res T 220 0.25 0.23 0.25 Mawson Res* O 19 0.20 0.17 0.19 + 0.01 0.48 0.17 O 83 0.14 0.09 0.12 - 0.02 0.48 0.09 MaxTech Vent* MaxTech Vent 160 0.18 0.12 0.15 - 0.01 0.60 0.12 0.00 Maxwell Res* O 170 0.01 0.00 0.00 - 0.00 0.01 17 1.82 1.72 1.81 + 0.15 2.35 0.88 Maya Gold &Sil* O Maya Gold &Sil T 269 2.55 2.14 2.25 + 0.04 3.02 1.10 V 45 0.08 0.07 0.08 unch 0.00 0.18 0.04 Mazarin MBMI Res* O 1 0.05 0.05 0.05 unch 0.00 0.09 0.00 unch 0.00 0.13 0.03 MBMI Res V 4 0.06 0.00 0.06 unch 0.00 0.87 0.37 McChip Res V 15 0.66 0.66 0.66 McEwen Mng T 827 2.66 2.46 2.62 + 0.08 3.46 2.33 N 11037 2.04 1.87 2.01 + 0.10 2.86 1.82 McEwen Mng* McLaren Res 31 0.07 0.04 0.07 + 0.03 0.19 0.03 unch 0.00 0.28 0.11 MDN Inc* O 20 0.17 0.17 0.17 0.05 Meadow Bay Gd 2031 0.06 0.05 0.05 - 0.01 0.26 Meadow Bay Gd* O 10 0.03 0.03 0.03 unch 0.00 0.28 0.03 2.40 Mechel* N 178 2.76 2.49 2.75 + 0.22 5.80 Medallion Res V 655 0.12 0.10 0.12 + 0.01 0.21 0.08 O 243 0.10 0.07 0.09 + 0.01 0.17 0.06 Medallion Res* unch 0.00 0.51 0.15 Medgold Res V 119 0.37 0.33 0.37 Medgold Res* O 12 0.28 0.25 0.25 - 0.02 0.38 0.12 O 12603 0.01 0.00 0.00 + 0.00 0.01 0.00 Medinah Mnrls* Mega Uranium T 1039 0.13 0.12 0.13 unch 0.00 0.24 0.12 O 48 0.10 0.09 0.09 - 0.01 0.19 0.09 Mega Uranium* unch 0.00 0.11 0.04 Megastar Dev V 100 0.07 0.07 0.07 MegumaGold* O 46 0.14 0.13 0.13 - 0.00 0.24 0.07 0.15 MegumaGold 193 0.22 0.17 0.22 + 0.05 0.30 Melior Res V 4 0.80 0.00 0.80 - 0.10 1.50 0.30 0.04 Melkior Res V 176 0.06 0.05 0.05 - 0.01 0.11 0.05 Meridian Mg V 128 0.07 0.06 0.07 + 0.03 1.28 Meridius Res V 20 0.20 0.20 0.20 unch 0.00 0.20 0.20 unch 0.00 0.21 0.02 Meryllion Res 4 0.02 0.00 0.02 Meryllion Res* O 3 0.01 0.01 0.01 unch 0.00 0.07 0.01 0.01 MetalCorp V 120 0.02 0.01 0.02 + 0.01 0.05 unch 0.00 0.10 0.02 Metalex Vent V 206 0.04 0.03 0.04 Metalla Rylty* O 353 0.54 0.48 0.54 + 0.00 0.71 0.39 0.62 Metalla Rylty V 654 0.72 0.63 0.67 - 0.03 0.88 Metallic Mnrls* O 26 0.23 0.00 0.22 - 0.01 0.40 0.18 0.24 Metallic Mnrls V 97 0.29 0.26 0.28 - 0.01 0.50 0.35 Metallis Res V 358 1.30 1.10 1.27 + 0.19 2.75 Metalo Manuf 50 0.33 0.33 0.33 unch 0.00 0.57 0.23 0.04 Metals Creek V 688 0.07 0.06 0.07 + 0.01 0.11 Metals Creek* O 234 0.07 0.05 0.05 - 0.01 0.08 0.03 0.38 Metals X* O 5 0.45 0.38 0.38 - 0.07 0.96 0.34 Metanor Res* O 6 0.39 0.36 0.37 + 0.01 0.69 Metanor Res V 105 0.52 0.46 0.51 + 0.04 0.83 0.46 V 42 0.06 0.05 0.05 - 0.01 0.08 0.05 Metron Capital Mexican Gold* O 13 0.18 0.13 0.17 + 0.04 0.34 0.12 0.01 Mexus Gold* O 3688 0.02 0.01 0.02 + 0.00 0.09 V 98 0.01 0.01 0.01 unch 0.00 0.04 0.01 Mezzotin Mnrls MGX Minerals 2618 0.83 0.69 0.77 - 0.05 1.96 0.69 O 2525 0.64 0.53 0.59 - 0.04 1.58 0.53 MGX Minerals* Midas Gold T 1086 0.98 0.87 0.92 + 0.05 1.21 0.55 0.42 Midas Gold* O 964 0.75 0.67 0.71 + 0.04 0.95 0.07 Midasco Cap V 226 0.10 0.10 0.10 + 0.01 0.15 Midland Expl V 55 0.78 0.74 0.78 - 0.01 1.17 0.73 0.21 Midnight Sun V 38 0.22 0.22 0.22 - 0.01 0.48

2018-08-27 12:20 PM

22

WWW.NORTHERNMINER.COM

SEPTEMBER 3–16, 2018 / THE NORTHERN MINER

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

Week

12-month

Exc Volume High Low Last Change High Low

Millennial Lit* O 157 Millennial Lit V 767 Millrock Res* O 377 Millrock Res V 290 Milner Con Slv V 40 Minaurum Gold V 117 Minco Silver* O 36 Minco Silver T 81 Minera Alamos * O 681 Minera Alamos V 1619 Minera IRL 251 Mineral Hill V 3 Mineral Mtn V 167 Mineral Mtn* O 61 Mineral Res* O 6 MineralRite* O 33000 Mineworx Tech V 789 Mineworx Tech* O 198 Minfocus Expl V 53 Mining Global* O 13250 Minnova Corp V 299 Minsud Res V 100 Miramont Res* O 93 Miramont Res 138 Miranda Gold V 27 Mirasol Res V 143 Mistango River 31 MK2 Ventures V 19 0 MK2 Ventures * O Mkango Res V 13 ML Gold* O 146 ML Gold Corp V 1685 O 1 Monarca Mnrls* Monarca Mnrls V 190 V 714 Monarques Res Monarques Res* O 193 Moneta Porcpn* O 44 T 884 Moneta Porcpn Monitor Vent V 2 Monitor Vent* O 3 Montan Mg* O 20 Montan Mg V 61 Montego Res 1391 O 15 Montego Res* Montero Mg&Ex * O 9 Montero Mg&Ex V 32 V 381 Monument Mng Morien Res* O 35 Morien Res V 199 O 108 Morumbi Res* Morumbi Res T 405 N 18409 Mosaic* Mount Gibson * O 0 Mountain Boy V 157 D 254 Mountain Prov* Mountain Prov T 1405 O 43 Mundoro Cap* Mundoro Cap V 281 Murchison Min V 20 MX Gold* O 638

1.64 1.07 1.54 + 0.28 3.87 0.99 2.18 1.52 2.02 + 0.38 4.80 1.23 0.16 0.13 0.15 unch 0.00 0.35 0.13 0.21 0.18 0.20 unch 0.00 0.43 0.18 0.09 0.09 0.09 unch 0.00 0.09 0.04 0.57 0.52 0.57 + 0.04 0.67 0.21 0.43 0.38 0.40 - 0.01 0.96 0.34 0.58 0.52 0.52 - 0.01 1.19 0.42 0.12 0.10 0.10 + 0.00 0.18 0.07 0.15 0.12 0.13 + 0.01 0.23 0.10 0.08 0.06 0.08 + 0.01 0.15 0.06 0.17 0.14 0.17 + 0.03 0.32 0.13 0.21 0.17 0.18 - 0.03 0.74 0.15 0.17 0.13 0.15 - 0.01 0.60 0.13 11.10 10.90 10.90 - 0.20 16.78 7.67 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.20 0.19 0.20 + 0.01 0.40 0.06 0.16 0.14 0.15 + 0.00 0.33 0.05 0.06 0.00 0.05 - 0.02 0.42 0.06 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.70 0.62 0.65 - 0.05 0.93 0.55 0.07 0.07 0.07 unch 0.00 0.21 0.06 0.13 0.13 0.13 unch 0.00 0.33 0.13 0.17 0.15 0.15 - 0.01 0.65 0.13 0.03 0.03 0.03 unch 0.00 0.08 0.02 1.67 1.48 1.55 - 0.02 2.60 1.48 0.04 0.03 0.04 + 0.01 0.07 0.01 0.25 0.00 0.22 - 0.04 0.38 0.09 0.00 0.00 0.13 unch 0.00 0.13 0.08 0.16 0.15 0.16 + 0.01 0.24 0.05 0.08 0.08 0.08 - 0.01 0.26 0.06 0.11 0.09 0.10 unch 0.00 0.32 0.09 0.03 0.03 0.03 unch 0.00 0.12 0.03 0.06 0.05 0.05 + 0.01 0.16 0.04 0.23 0.18 0.19 - 0.03 0.47 0.18 0.17 0.14 0.14 - 0.02 0.38 0.14 0.09 0.08 0.09 - 0.01 0.17 0.08 0.11 0.10 0.11 unch 0.00 0.23 0.10 0.20 0.00 0.19 - 0.02 0.50 0.19 0.16 0.00 0.15 - 0.01 0.42 0.12 0.04 0.04 0.04 unch 0.00 0.04 0.01 0.06 0.05 0.05 unch 0.00 0.11 0.03 0.31 0.22 0.22 - 0.06 0.55 0.07 0.19 0.18 0.18 - 0.01 0.32 0.08 0.16 0.13 0.16 + 0.03 0.38 0.13 0.22 0.18 0.21 + 0.02 0.49 0.12 0.07 0.06 0.06 - 0.01 0.09 0.06 0.47 0.41 0.45 + 0.03 0.60 0.37 0.61 0.54 0.59 + 0.01 0.77 0.47 0.44 0.40 0.41 - 0.01 0.96 0.39 0.64 0.51 0.60 + 0.05 1.23 0.50 30.35 28.85 29.64 + 0.01 32.32 19.23 0.00 0.00 0.33 unch 0.00 0.34 0.28 0.08 0.07 0.08 + 0.01 0.11 0.05 2.30 1.95 2.05 + 0.04 3.70 1.85 2.97 2.64 2.70 + 0.04 4.62 2.40 0.11 0.10 0.11 - 0.00 0.16 0.06 0.15 0.13 0.13 - 0.01 0.21 0.09 0.12 0.00 0.12 + 0.01 0.25 0.10 0.01 0.01 0.01 - 0.00 0.17 0.01

NA Frac Sand* O 50 NACCO Ind* N 60 Namibia Crit V 200 Namibia Crit* O 124 Napier Vent V 28 Napier Vent* O 50 Natural Res Pt* N 87 T 306 Nautilus Mnrls O 521 Nautilus Mnrls* Navis Res Corp* O 0 Navis Res Corp 2 12956 Nemaska Lith T Nemaska Lith* O 935 Neo Lithium V 691 Neometals* O 66 Network Expl V 210 O 1 Nevada Canyon* Nevada Clean M* O 249 V 330 Nevada Clean M T 1190 Nevada Copper Nevada Energy* O 14 V 14 Nevada Energy Nevada Expl * O 164 Nevada Expl V 199 O 164 Nevada Sunrise* Nevada Sunrise V 166 Nevada Zinc V 206 Nevado Res V 191 Nevsun Res* X 1715 Nevsun Res T 5683 New Age Metals* O 49 New Age Metals V 259 O 58 New Carolin Gd* V 155 New Carolin Gd New Destiny Mg V 151 New Dimen Res V 76 8 New Dimen Res* O New Energy Met V 161 New Energy Met* O 17 New Gold* X 13617 New Gold T 5815 New Guinea Gld* O 253 New Jersey Mng* O 157 New Klondike* O 0 New Milln Iron* O 49 New Milln Iron T 168 New Nadina V 127 New Nadina* O 4 New Oroperu V 5 New Pac Metals V 110 New Pac Metals* O 27 New Point Expl* O 642 New Point Expl 4980 New Tech Lith 174 New Tech Lith* O 31 New World Res V 40 Newlox Gold 45 Newmont Mng* N 28573 Newport Expl V 10 Newport Gold* O 5 NewRange Gold* O 209 NewRange Gold V 617 Nexa Resources T 2 Nexa Resources* N 387 Nexco Res 65 Nexgen Energy* X 1900 Nexgen Energy T 2000 NextSource Mat T 1417 Nexus Gold* O 5 Nexus Gold V 244 NGEx Res* O 3 NGEx Res T 90 Nickel Creek T 96 Nickel Creek* O 316 Nickel North V 5 Nickel One Res* O 3 Nickel One Res V 134 Nicola Mg Inc V 283 Nicola Mg Inc* O 72 Nighthawk Gold* O 166 Nighthawk Gold T 757 Niobay Metals V 48 Niocan Inc V 59 Niocorp Dev T 448 Niocorp Dev* O 292 Nippon Dragon V 124 Nippon Dragon* O 20 Nitinat Mnls V 423 NKWE Platinum* O 61 Noble Metal Gr V 440 Noble Mnl Expl* O 5 Noble Mnl Expl V 1222 Noka Res* O 545 Noram Vent V 10 Noram Vent* O 2 Noranda Alum* O 608 Noront Res V 735 Norsemont Cap 5 Nortec Mnls V 218 North Am Nickl V 295 North Am Nickl* O 5 North Am Pall T 18 North Am Pall* O 16 North Arrow Mn* O 28 North Arrow Mn V 11 North Bay Res * O 26917 Northcliff Res T 46

0.01 0.01 0.01 + 0.00 0.02 0.01 35.78 34.35 35.40 + 1.10 48.85 15.63 0.28 0.21 0.24 + 0.01 0.46 0.04 0.22 0.16 0.21 + 0.03 2.77 0.03 0.38 0.33 0.33 - 0.05 0.54 0.26 0.29 0.29 0.29 unch 0.00 0.44 0.28 32.50 31.25 31.50 - 0.20 37.70 22.81 0.13 0.11 0.11 - 0.01 0.39 0.11 0.10 0.08 0.09 + 0.00 0.31 0.08 0.00 0.00 0.28 unch 0.00 0.56 0.28 0.37 0.00 0.37 - 0.01 1.20 0.23 0.81 0.71 0.75 unch 0.00 2.44 0.60 0.62 0.54 0.58 + 0.00 1.96 0.46 1.15 0.93 0.96 - 0.11 2.75 0.85 0.22 0.00 0.22 unch 0.00 0.80 0.10 0.33 0.29 0.30 unch 0.00 0.48 0.28 0.04 0.04 0.04 unch 0.00 0.22 0.04 0.03 0.02 0.02 + 0.00 0.06 0.02 0.04 0.03 0.03 - 0.01 0.08 0.03 0.55 0.46 0.50 unch 0.00 0.84 0.47 0.15 0.13 0.14 - 0.00 0.52 0.07 0.22 0.17 0.17 - 0.05 0.60 0.15 0.14 0.11 0.12 - 0.00 0.35 0.09 0.17 0.15 0.17 unch 0.00 0.46 0.12 0.07 0.06 0.06 - 0.01 0.22 0.06 0.09 0.08 0.08 unch 0.00 0.27 0.08 0.17 0.16 0.16 + 0.01 0.27 0.13 0.02 0.02 0.02 - 0.01 0.05 0.01 3.71 3.63 3.71 + 0.03 3.89 1.98 4.84 4.76 4.83 + 0.01 5.08 2.50 0.05 0.05 0.05 - 0.01 0.15 0.04 0.07 0.06 0.06 unch 0.00 0.19 0.05 0.22 0.19 0.22 - 0.02 0.58 0.18 0.30 0.26 0.29 - 0.01 0.77 0.20 0.14 0.11 0.14 + 0.03 0.35 0.10 0.20 0.17 0.17 - 0.03 0.30 0.09 0.14 0.13 0.14 + 0.01 0.22 0.02 0.08 0.05 0.08 + 0.01 0.90 0.05 0.06 0.06 0.06 - 0.01 0.60 0.06 1.08 0.99 1.04 + 0.04 4.25 0.98 1.45 1.30 1.34 + 0.02 5.16 1.29 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.18 0.17 0.17 - 0.01 0.25 0.11 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.05 0.05 0.05 unch 0.00 0.12 0.05 0.07 0.07 0.07 unch 0.00 0.14 0.06 0.13 0.12 0.13 unch 0.00 4.60 0.08 0.11 0.10 0.10 - 0.00 3.60 0.07 0.29 0.28 0.28 unch 0.00 0.55 0.27 1.60 1.52 1.59 + 0.07 1.70 1.21 1.24 1.20 1.20 - 0.04 1.29 0.97 0.05 0.02 0.02 - 0.03 0.05 0.02 0.06 0.05 0.06 unch 0.00 0.41 0.05 0.05 0.04 0.04 - 0.01 0.17 0.04 0.05 0.03 0.04 - 0.01 0.13 0.02 0.20 0.20 0.20 unch 0.00 0.29 0.10 0.05 0.05 0.05 unch 0.00 0.08 0.03 32.52 31.46 32.03 - 0.03 42.04 31.45 0.31 0.00 0.31 + 0.02 0.38 0.21 0.03 0.03 0.03 - 0.00 0.08 0.02 0.10 0.08 0.08 - 0.01 0.47 0.05 0.13 0.11 0.12 + 0.01 0.62 0.10 15.84 15.62 15.84 + 0.55 26.70 14.61 12.23 11.54 11.88 - 0.01 21.61 10.90 0.28 0.20 0.28 + 0.08 0.50 0.15 1.95 1.86 1.89 - 0.02 2.85 1.65 2.55 2.42 2.45 - 0.06 3.58 2.12 0.10 0.09 0.10 + 0.01 0.22 0.06 0.17 0.16 0.16 - 0.00 0.29 0.02 0.24 0.21 0.22 unch 0.00 2.20 0.19 0.77 0.76 0.77 + 0.00 1.10 0.75 1.02 0.96 1.00 unch 0.00 1.49 0.91 0.18 0.16 0.17 - 0.01 0.41 0.15 0.14 0.12 0.13 - 0.01 0.33 0.10 0.02 0.02 0.02 unch 0.00 0.07 0.02 0.01 0.01 0.01 unch 0.00 0.11 0.01 0.03 0.03 0.03 - 0.01 0.13 0.02 0.12 0.11 0.12 + 0.01 0.21 0.10 0.09 0.08 0.08 - 0.00 0.16 0.07 0.30 0.22 0.28 + 0.05 0.97 0.22 0.38 0.30 0.38 + 0.08 1.06 0.30 0.22 0.18 0.19 - 0.03 0.43 0.11 0.24 0.15 0.15 - 0.04 0.28 0.06 0.68 0.64 0.65 - 0.01 0.78 0.37 0.53 0.50 0.51 - 0.01 0.62 0.29 0.03 0.03 0.03 unch 0.00 0.07 0.03 0.02 0.00 0.02 + 0.00 0.05 0.01 0.11 0.09 0.09 - 0.02 0.51 0.04 0.05 0.05 0.05 unch 0.00 2.04 0.02 0.01 0.01 0.01 unch 0.00 0.04 0.01 0.05 0.05 0.05 - 0.00 0.15 0.04 0.09 0.07 0.09 + 0.03 0.19 0.06 0.39 0.34 0.35 - 0.04 0.71 0.05 0.17 0.00 0.13 - 0.01 0.80 0.12 0.09 0.09 0.09 unch 0.00 0.64 0.09 0.04 0.01 0.01 - 0.01 0.17 0.01 0.35 0.32 0.33 + 0.01 0.45 0.27 0.34 0.34 0.34 unch 0.00 0.47 0.32 0.06 0.00 0.05 - 0.01 0.18 0.04 0.07 0.07 0.07 - 0.01 0.10 0.06 0.06 0.05 0.06 + 0.01 0.08 0.04 9.79 9.27 9.50 + 0.15 11.98 5.30 7.53 7.10 7.25 + 0.12 9.38 4.21 0.14 0.00 0.14 + 0.00 0.22 0.13 0.18 0.17 0.17 + 0.01 0.29 0.16 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.10 0.09 0.09 + 0.01 0.18 0.09

N-O

20-23_SEPT3_StockTables.indd 22

(100s) Stock

Week

(100s) Stock

12-month

Exc Volume High Low Last Change High Low

Northern Uran V 160 Northisle C&G V 45 Northn Empire V 949 O 55 Northn Empire* Norvista Cap V 0 O 24 Nouveau Monde* V 302 Nouveau Monde NovaGold Res T 910 X 7711 NovaGold Res* Novo Res* O 233 Novo Res V 511 30 NQ Minerals Pl* O NRG Metals* O 1390 NRG Metals V 902 Nrthn Graphite* O 274 V 241 Nrthn Graphite Nrthn Lion* O 0 Nrthn Lion V 2 O 37 Nrthn Mnrls &E* Nrthn Shield V 181 O 124 Nrthn Superior* V 276 Nrthn Superior Nrthn Vertex* O 123 Nrthn Vertex V 732 NSGold V 27 129 NSS Res Inc Nthn Dynasty T 303 Nthn Dynasty* X 2874 O 198 Nthrn Sphere* Nthrn Sphere 497 Nubian Res V 70 V 331 NuLegacy Gold NuLegacy Gold* O 118 V 189 Nunavik Nickel Nutrien T 3035 N 5277 Nutrien* NV Gold* O 88 NV Gold V 272 NxGold Ltd V 355 NxGold Ltd* O 34 O.T. Mining* O 0 OceanaGold* O 3 OceanaGold T 6407 68 Oceanic Iron O V Oceanic Iron O* O 8 Oceanus Res V 162 O 49 Oceanus Res* Odyssey Res V 4 OK2 Minerals V 49 Olivut Res V 35 Olivut Res* O 28 V 10 Omineca Mg &Ml One World Lith 86 Opawica Expl V 1 Opus One Res V 100 Orbite Tech* O 24 Orca Gold V 543 Orca Gold* O 162 V 278 Orefinders Res Orestone Mng V 100 Orex Mnrls* O 83 Orex Mnrls V 171 Orezone Gold* O 164 Orezone Gold V 262 Orford Mining V 5 Organic Potash 93 1 Oriental Non F Origin Gold V 51 O 21 Original Sixtn* Orla Mng Ltd V 228 2 Orla Mng Ltd* O Oroco Res V 347 Oroco Res* O 265 Orocobre T 68 Oronova Energy V 148 Oroplata Res* O 187 Orosur Mng T 60 Orsu Metals V 114 Orsu Metals* O 0 Orvana Mnrls T 426 O 12 Orvana Mnrls* Osino Res V 251 Osisko Gold* N 2707 Osisko Gold T 1068 Osisko Metals* O 76 Osisko Metals V 612 Osisko Mng Inc T 2546 Osprey Gold V 1395 Otis Gold V 282 Otis Gold* O 142 OZ Minerals* O 1

0.01 0.01 0.01 unch 0.00 0.03 0.01 0.14 0.00 0.12 + 0.01 0.21 0.09 1.37 1.26 1.32 unch 0.00 1.62 0.62 1.04 0.96 1.04 + 0.04 1.29 0.53 0.00 0.00 0.11 unch 0.00 0.16 0.08 0.22 0.20 0.22 + 0.01 0.42 0.18 0.28 0.26 0.26 unch 0.00 0.54 0.25 5.01 4.49 4.89 - 0.02 6.47 4.33 3.83 3.43 3.74 - 0.03 5.05 3.35 3.25 3.04 3.06 - 0.02 7.08 1.98 4.25 3.96 4.02 + 0.03 8.83 2.45 0.22 0.22 0.22 unch 0.00 0.22 0.17 0.19 0.15 0.15 - 0.03 0.49 0.07 0.24 0.20 0.20 - 0.03 0.62 0.10 0.24 0.21 0.23 - 0.01 0.55 0.19 0.31 0.28 0.31 - 0.01 0.70 0.24 0.00 0.00 0.15 unch 0.00 0.52 0.15 0.19 0.00 0.19 unch 0.00 0.67 0.19 0.07 0.06 0.06 - 0.01 0.10 0.02 0.03 0.03 0.03 unch 0.00 0.06 0.02 0.03 0.03 0.03 unch 0.00 0.04 0.02 0.03 0.03 0.03 unch 0.00 0.05 0.03 0.28 0.25 0.26 - 0.00 0.58 0.25 0.35 0.33 0.34 unch 0.00 0.70 0.32 0.10 0.09 0.10 + 0.01 0.15 0.02 0.20 0.14 0.16 + 0.01 1.39 0.06 0.74 0.65 0.69 + 0.04 2.99 0.55 0.57 0.50 0.54 + 0.04 2.34 0.43 0.05 0.03 0.04 + 0.00 0.18 0.03 0.08 0.05 0.07 + 0.01 0.45 0.05 0.12 0.12 0.12 unch 0.00 0.34 0.12 0.19 0.17 0.19 + 0.04 0.25 0.13 0.15 0.12 0.15 + 0.03 0.21 0.11 0.12 0.11 0.11 - 0.01 0.15 0.08 73.59 71.03 71.95 - 1.16 76.12 55.27 56.34 54.38 55.24 - 0.72 58.70 40.41 0.14 0.11 0.13 + 0.01 0.92 0.11 0.18 0.14 0.17 + 0.02 1.22 0.13 0.16 0.13 0.14 - 0.01 0.40 0.14 0.13 0.11 0.11 - 0.02 0.25 0.11 0.00 0.00 0.07 unch 0.00 0.20 0.03 2.94 2.77 2.94 + 0.14 3.30 2.23 4.01 3.68 3.95 + 0.22 4.19 2.92 0.05 0.05 0.05 unch 0.00 0.16 0.05 0.03 0.03 0.03 - 0.00 0.11 0.03 0.15 0.13 0.15 - 0.01 0.36 0.13 0.12 0.11 0.11 - 0.01 0.29 0.11 0.04 0.04 0.04 unch 0.00 0.07 0.03 0.04 0.03 0.03 - 0.01 0.14 0.03 0.14 0.11 0.12 + 0.01 0.20 0.07 0.11 0.09 0.09 - 0.01 0.15 0.06 0.03 0.00 0.03 - 0.02 0.05 0.03 0.16 0.14 0.15 unch 0.00 0.20 0.10 0.06 0.00 0.06 unch 0.00 0.38 0.05 0.05 0.00 0.05 + 0.02 0.12 0.04 0.03 0.01 0.03 + 0.02 0.15 0.00 0.49 0.44 0.47 + 0.03 0.78 0.41 0.38 0.34 0.36 + 0.02 0.63 0.32 0.08 0.06 0.07 unch 0.00 0.17 0.06 0.07 0.07 0.07 unch 0.00 0.13 0.05 0.07 0.06 0.06 - 0.00 0.15 0.05 0.11 0.09 0.10 + 0.01 0.18 0.08 0.50 0.46 0.47 - 0.01 0.82 0.42 0.64 0.60 0.62 - 0.01 1.02 0.57 0.20 0.20 0.20 unch 0.00 0.70 0.16 0.03 0.02 0.03 + 0.01 0.08 0.01 1.05 1.05 1.05 unch 0.00 1.05 0.90 0.14 0.00 0.13 - 0.01 0.25 0.08 0.17 0.17 0.17 unch 0.00 0.20 0.00 1.30 1.08 1.20 unch 0.00 1.85 1.05 0.85 0.00 0.85 + 0.02 1.48 0.83 0.28 0.24 0.24 - 0.05 0.31 0.02 0.22 0.18 0.19 - 0.03 0.24 0.03 4.06 3.84 3.95 + 0.05 7.36 3.14 0.07 0.07 0.07 unch 0.00 0.22 0.07 0.15 0.14 0.14 - 0.01 0.42 0.06 0.05 0.00 0.05 + 0.01 0.30 0.03 0.25 0.19 0.25 + 0.06 0.29 0.13 0.00 0.00 0.14 unch 0.00 0.22 0.11 0.17 0.14 0.17 + 0.03 0.29 0.13 0.13 0.10 0.13 + 0.02 0.24 0.10 0.32 0.28 0.30 - 0.02 0.64 0.21 8.30 7.85 8.16 + 0.11 14.39 7.85 10.82 10.27 10.63 + 0.10 17.58 10.27 0.46 0.44 0.44 - 0.02 1.33 0.39 0.61 0.57 0.57 - 0.02 1.74 0.51 2.02 1.82 1.99 + 0.08 5.07 1.60 0.06 0.05 0.06 + 0.01 0.23 0.04 0.20 0.18 0.20 + 0.01 0.36 0.16 0.16 0.13 0.16 + 0.01 0.29 0.12 6.99 6.79 6.99 + 0.20 8.02 5.92

Pac Bay Mnrls V 39 11 Pac Booker Min* O Pac Booker Min V 3 Pac Imperial V 665 Pac Iron Ore V 4 V 154 Pac Ridge Expl 1 Pac Ridge Expl* O Pac Wildcat* O 34 V 400 Pacific Empire Pacific Rim 431 Pacific Rim* O 322 Pacific Silk V 26 Pacton Gold V 2052 O 375 Paladin Energy* Palamina Corp V 53 O 41 Palamina Corp* O 0 Palladon Vent* Pan Am Silver T 963 Pan Am Silver* D 5921 Pan Andean Min* O 13 129 Pan Andean Min V V 126 Pan Global Res Pancontinental V 665 O 31 Pancontinental* Panex Res* O 52 Pangolin Dia V 86 Panoro Mnrls V 212 PanTerra Gold* O 0 V 207 Pantheon Vent Para Resources V 143 Parallel Mng V 188 26 Parallel Mng * O Paramount Gold* X 149 Paringa Res* O 293 Parlane Res V 140 Pasinex Res 268 Patriot Gold* O 10 Peabody Enrgy* N 3410 O 10 Pelangio Expl* Pelangio Expl V 118 25 Pele Mtn Res* O Peloton Mnrls 97 Peloton Mnrls* O 225 O 2 PepinNini Lith* Peregrine Diam T 535 Perseus Mng T 105 1 Pershing Gold T Pershing Gold* D 264 O 217 Pershing Res* Petra Diamonds* O 1 Philex Mng* O 2 Philippine Mtl V 41 Pine Cliff En* O 163 431 Pine Cliff En T Pinecrest Res * O 13 Pinecrest Res V 147 50 Pistol Bay Mng* O Pistol Bay Mng V 327 Pivit Explor 322 PJSC Polyus Gd* O 3 PJX Res V 53 Plata Latina V 320 Plate Res V 2000 V 344 Plateau Energy Plateau Energy* O 87 Platinex Inc 195 Platinum Gp Mt* X 4660 Platinum Gp Mt T 318 Plato Gold V 588 Playfair Mng V 100 Playfair Mng* O 2 PolyMet Mng* X 859 PolyMet Mng T 7 Portage Res* O 824 Portofino Res V 209 O 245 Potash Ridge*

0.03 0.03 0.03 unch 0.00 0.06 0.03 0.77 0.72 0.77 unch 0.00 1.10 0.59 0.94 0.00 0.94 - 0.01 1.35 0.70 0.04 0.03 0.04 + 0.01 0.07 0.01 0.08 0.00 0.08 unch 0.00 0.23 0.03 0.06 0.05 0.05 - 0.02 0.07 0.05 0.04 0.04 0.04 unch 0.00 0.06 0.03 0.10 0.05 0.09 - 0.01 0.39 0.00 0.10 0.10 0.10 unch 0.00 0.20 0.10 0.30 0.26 0.26 - 0.01 1.59 0.20 0.23 0.20 0.20 - 0.01 1.25 0.15 0.04 0.00 0.04 - 0.01 0.06 0.03 0.50 0.45 0.46 - 0.05 1.02 0.06 0.35 0.13 0.20 + 0.05 0.50 0.00 0.36 0.29 0.36 + 0.07 0.47 0.16 0.28 0.22 0.28 + 0.05 0.37 0.12 0.00 0.00 0.00 unch 0.00 0.01 0.00 21.02 19.76 20.63 - 0.02 24.27 18.00 16.14 15.11 15.82 unch 0.00 19.56 13.99 0.05 0.05 0.05 unch 0.00 0.08 0.02 0.07 0.06 0.06 unch 0.00 0.13 0.03 0.16 0.15 0.15 - 0.01 0.30 0.10 0.09 0.07 0.09 + 0.02 0.09 0.02 0.07 0.05 0.06 + 0.01 0.07 0.01 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.05 0.05 0.05 unch 0.00 0.08 0.04 0.25 0.21 0.24 - 0.01 0.48 0.21 0.00 0.00 0.01 unch 0.00 0.02 0.01 0.09 0.09 0.09 + 0.01 0.16 0.07 0.18 0.17 0.17 - 0.01 0.25 0.13 0.05 0.03 0.05 + 0.01 0.10 0.03 0.04 0.04 0.04 unch 0.00 0.05 0.04 1.10 1.05 1.06 - 0.03 1.80 1.05 0.19 0.13 0.15 - 0.04 0.45 0.12 0.15 0.00 0.09 - 0.09 0.30 0.05 0.10 0.08 0.10 + 0.01 0.33 0.08 0.08 0.06 0.08 + 0.02 0.11 0.04 43.37 41.64 41.98 + 0.28 47.84 27.74 0.09 0.09 0.09 unch 0.00 0.14 0.02 0.14 0.13 0.13 - 0.02 0.60 0.13 0.10 0.10 0.10 unch 0.00 0.30 0.02 0.10 0.09 0.10 + 0.01 0.15 0.06 0.08 0.08 0.08 unch 0.00 0.12 0.05 0.01 0.01 0.01 unch 0.00 0.07 0.01 0.24 0.24 0.24 unch 0.00 0.24 0.12 0.36 0.34 0.35 + 0.03 0.50 0.29 1.80 1.54 1.66 + 0.04 4.02 1.48 1.37 1.10 1.28 + 0.18 3.31 1.07 0.02 0.01 0.02 unch 0.00 0.09 0.01 0.47 0.44 0.44 - 0.03 1.20 0.44 0.07 0.05 0.07 + 0.02 0.19 0.05 0.06 0.00 0.06 unch 0.00 0.15 0.06 0.29 0.28 0.29 - 0.00 0.56 0.21 0.39 0.36 0.38 unch 0.00 0.70 0.27 0.19 0.17 0.17 - 0.02 0.30 0.14 0.25 0.24 0.25 unch 0.00 0.43 0.19 0.05 0.04 0.05 unch 0.00 0.08 0.03 0.05 0.00 0.05 - 0.01 0.18 0.04 0.12 0.09 0.11 - 0.02 0.19 0.09 44.59 0.00 44.59 + 8.97 50.23 29.00 0.24 0.22 0.23 - 0.01 0.25 0.11 0.05 0.03 0.03 - 0.02 0.05 0.03 0.07 0.07 0.07 unch 0.00 0.10 0.04 1.27 1.12 1.19 + 0.01 1.69 0.26 0.97 0.89 0.91 - 0.02 1.27 0.21 0.09 0.00 0.09 + 0.01 0.30 0.05 0.10 0.10 0.10 + 0.00 0.72 0.08 0.14 0.12 0.14 unch 0.00 0.89 0.12 0.04 0.02 0.04 - 0.01 0.06 0.02 0.06 0.00 0.05 unch 0.00 0.09 0.04 0.06 0.06 0.06 unch 0.00 0.08 0.03 0.90 0.82 0.83 - 0.05 1.36 0.58 1.16 1.05 1.07 - 0.04 1.66 0.72 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.06 0.05 0.05 unch 0.00 0.19 0.04 0.05 0.04 0.05 + 0.00 0.14 0.04

P-Q

Week

12-month

Exc Volume High Low Last Change High Low

Potash Ridge T 1887 O 216 Power Metals* Power Metals V 701 PowerOre V 31 PPX Mining* O 34 PPX Mining V 962 Precipitate Gl V 195 Precipitate Gl* O 10 Premier Gold M T 1308 Premium Expl* O 20 Pretium Res* N 8683 Pretium Res T 2290 Primary Cobalt 568 Prism Res V 45 Prize Mng* O 44 Prize Mng V 4723 ProAm Expl V 2320 Probe Metals* O 307 Probe Metals V 59 Prog Planet V 728 0 Promithian Gl * O T 1372 Prophecy Coal Prophecy Coal* O 565 O 1 Prospect Glob* Prospector Res* O 52 V 1188 Prospector Res Prosper Gold V 158 Prospero Silvr V 113 O 17 Prospero Silvr* Provenance Gld 16 Providence V 158 86 PUF Vent Inc * O PUF Vent Inc 965 Puma Expl V 830 Puma Expl* O 3 Pure Energy* O 1450 Pure Energy V 2089 Pure Gold Mg* O 161 Pure Gold Mg V 746 Pure Nickel V 108 Pure Nickel* O 58 V 617 Purepoint Uran Q-Gold Res V 360 QC Precious V 155 QMC Quantum Ml* O 318 QMC Quantum Ml V 345 QMX Gold* O 5 QMX Gold V 356 Quadro Res V 231 Quantum Cobalt 105 0 Quartz Mtn Res V 0 Quartz Mtn Res* O Quaterra Res V 17 Quaterra Res* O 34 Quest Rare Mnl* O 122 Quinto Res V 423

0.08 0.07 0.08 + 0.01 0.17 0.05 0.22 0.19 0.22 + 0.01 0.70 0.19 0.29 0.25 0.28 - 0.01 0.88 0.25 0.08 0.00 0.08 + 0.01 0.45 0.08 0.08 0.07 0.07 + 0.00 0.08 0.04 0.10 0.09 0.10 - 0.01 0.11 0.05 0.06 0.05 0.05 - 0.01 0.18 0.05 0.05 0.05 0.05 + 0.00 0.15 0.03 2.12 1.88 2.08 + 0.09 4.13 1.88 0.00 0.00 0.00 unch 0.00 0.02 0.00 9.10 8.23 9.09 + 0.52 12.44 6.17 11.84 10.77 11.82 + 0.62 15.52 7.93 0.07 0.05 0.07 unch 0.00 0.15 0.04 0.06 0.06 0.06 unch 0.00 0.20 0.05 0.15 0.12 0.13 - 0.02 0.38 0.11 0.19 0.15 0.17 - 0.03 0.48 0.14 0.04 0.02 0.04 unch 0.00 0.04 0.02 1.03 0.89 0.96 - 0.04 1.42 0.77 1.29 1.16 1.24 - 0.06 1.74 1.03 0.06 0.05 0.05 - 0.01 0.20 0.05 0.00 0.00 0.02 unch 0.00 0.10 0.02 0.23 0.17 0.18 - 0.04 0.50 0.16 0.18 0.13 0.14 - 0.04 4.00 0.13 0.02 0.00 0.02 unch 0.00 0.14 0.02 0.57 0.55 0.55 - 0.02 0.83 0.38 0.75 0.71 0.72 - 0.02 1.35 0.48 0.08 0.00 0.08 - 0.01 0.20 0.07 0.10 0.09 0.09 - 0.02 0.26 0.07 0.09 0.08 0.09 unch 0.00 0.21 0.07 0.19 0.00 0.19 unch 0.00 0.40 0.08 0.13 0.11 0.12 unch 0.00 0.27 0.09 0.50 0.35 0.49 + 0.14 1.85 0.29 0.64 0.48 0.63 + 0.17 2.09 0.35 0.06 0.05 0.06 + 0.01 0.13 0.05 0.05 0.05 0.05 + 0.01 0.09 0.04 0.09 0.08 0.08 + 0.00 0.50 0.07 0.12 0.10 0.10 unch 0.00 0.57 0.09 0.46 0.43 0.44 - 0.00 0.56 0.36 0.61 0.54 0.56 - 0.01 0.71 0.46 0.03 0.02 0.03 unch 0.00 0.05 0.01 0.02 0.02 0.02 + 0.00 0.04 0.01 0.07 0.06 0.07 unch 0.00 0.10 0.06 0.19 0.18 0.19 unch 0.00 0.30 0.10 0.28 0.26 0.27 - 0.02 0.60 0.26 0.27 0.24 0.24 - 0.01 1.46 0.08 0.35 0.31 0.32 - 0.01 1.85 0.10 0.08 0.08 0.08 unch 0.00 0.29 0.07 0.10 0.09 0.10 unch 0.00 0.35 0.09 0.06 0.05 0.05 - 0.02 0.16 0.04 0.20 0.17 0.18 + 0.01 1.90 0.13 0.00 0.00 0.80 unch 0.00 1.50 0.65 0.00 0.00 0.70 unch 0.00 1.20 0.00 0.06 0.06 0.06 - 0.01 0.12 0.05 0.05 0.00 0.05 - 0.00 0.10 0.03 0.01 0.00 0.00 - 0.00 0.02 0.00 0.10 0.08 0.08 - 0.01 0.14 0.05

Rackla Mtls* O 2 Rackla Mtls V 7 Radisson Mng V 104 Radius Gold V 64 Rae-Wallace Mg* O 120 O 2 Rainforest Res* 81 Rainy Mtn Royl V Rambler Ml &Mg V 59 1 Randgold Res* O Randgold Res* D 2825 V 532 Randsburg Intl O 878 Rare Element* Rathdowney Res V 144 Ravencrest Res 1455 Razore Rock Res 3 RB Energy* O 7 T 27697 Red Eagle Mng Red Eagle Mng* O 773 12 Red Moon Res V Red Pine Expl V 603 Redhawk Res V 110 Redstar Gold* O 176 Redstar Gold V 1727 O 43 Redzone Res* Redzone Res V 165 Regency Gold V 0 Regulus Res V 80 Remington Res V 1 O 53 Renaissance Gd* Renaissance Gd V 117 Renforth Res 755 Resolve Vent V 169 Resource Cap V 87 O 8 Resource Cap* Reunion Gold V 89 Revelo Res V 984 34 Revival Gold * O Revival Gold V 48 V 13 Richmond Mnls Ridgestone M’g V 160 Rift Valley 300 O 353460 Rimrock Gold* Rio Silver V 246 Rio Tinto* O 1 Rio Tinto* N 11304 O 1 Rio Tinto* 502 Rise Gold Corp River Wild Exp 10 O 139 Riverside Res* Riverside Res V 318 Rizal Res V 187 RJK Explor V 291 RJK Explor* O 78 Robex Res V 371 Rochester Res V 3 37 Rock Tech Lith V O 2 Rock Tech Lith* Rockcliff Met* O 1 Rockcliff Met V 368 Rockcliff Met* O 28 Rockex Mng 30 V 85 Rockhaven Res Rockshield Cap 712 O 560 Rockshield Cap* Rockwealth Res V 20 Rodinia Lithm V 129 Rogue Res V 165 Rokmaster Res* O 30 V 119 Rokmaster Res Romios Gold Rs V 621 Romios Gold Rs* O 135 RosCan Mrnls V 136 Rosita Mg Corp* O 3 V 4149 Rosita Mg Corp Ross River V 0 Rotation Mnls V 247 V 43 Roughrider Exp Rover Metals V 1206 T 1158 Roxgold Roxgold* O 15 Royal Gold* D 2268 O 55 Royal Mines &M* Royal Nickel T 2399 Royal Nickel* O 122 Royal Rd Mnrls V 177 O 3861 Royal Std Mnrl* RT Minerals V 3 RT Minerals* O 3 1 RTG Mining * O RTG Mining T 12 O 58 Rubicon Mnrls* T 63 Rubicon Mnrls Rugby Mng V 48 25 Running Fox Rs* O Running Fox Rs V 33 Rupert Res V 128 Rusoro Mng* O 48 Rusoro Mng V 436

0.10 0.00 0.10 + 0.01 0.13 0.07 0.13 0.00 0.13 unch 0.00 0.17 0.09 0.12 0.11 0.12 + 0.01 0.25 0.11 0.10 0.00 0.10 unch 0.00 0.16 0.09 0.01 0.01 0.01 unch 0.00 0.02 0.00 6.00 5.75 5.75 - 0.45 9.45 3.50 0.02 0.00 0.02 + 0.01 0.10 0.02 0.06 0.06 0.06 - 0.01 0.20 0.06 65.74 65.74 65.74 unch 0.00 103.90 65.74 66.73 64.03 65.66 + 1.16 108.29 62.55 0.02 0.01 0.01 unch 0.00 0.02 0.01 0.12 0.09 0.10 - 0.01 0.44 0.09 0.12 0.12 0.12 unch 0.00 0.21 0.10 0.66 0.53 0.63 + 0.08 2.10 0.38 0.11 0.11 0.11 unch 0.00 0.63 0.09 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.12 0.06 0.10 - 0.04 0.36 0.06 0.08 0.05 0.07 - 0.03 0.29 0.05 0.09 0.00 0.09 unch 0.00 0.16 0.04 0.06 0.06 0.06 unch 0.00 0.14 0.06 0.06 0.00 0.06 + 0.02 0.08 0.04 0.03 0.02 0.03 + 0.00 0.09 0.02 0.04 0.03 0.04 + 0.01 0.11 0.03 0.14 0.12 0.12 - 0.02 0.57 0.08 0.20 0.15 0.19 - 0.01 0.75 0.10 0.00 0.00 0.15 unch 0.00 0.28 0.10 2.10 1.97 1.97 - 0.11 3.00 1.52 0.00 0.00 0.25 unch 0.00 1.00 0.24 0.17 0.14 0.16 - 0.01 0.38 0.13 0.22 0.19 0.22 + 0.03 0.48 0.17 0.05 0.04 0.04 unch 0.00 0.07 0.03 0.10 0.00 0.09 + 0.03 1.04 0.08 0.04 0.03 0.03 unch 0.00 0.17 0.03 0.03 0.03 0.03 unch 0.00 0.13 0.02 0.15 0.13 0.13 - 0.02 0.18 0.11 0.02 0.01 0.01 unch 0.00 0.06 0.01 0.61 0.57 0.61 + 0.07 0.73 0.42 0.80 0.75 0.79 unch 0.00 0.99 0.50 0.04 0.04 0.04 - 0.01 0.18 0.04 0.25 0.25 0.25 unch 0.00 0.32 0.19 0.08 0.07 0.08 unch 0.00 0.15 0.05 0.00 0.00 0.00 - 0.00 0.00 0.00 0.05 0.04 0.05 unch 0.00 0.07 0.04 48.38 48.38 48.38 unch 0.00 60.00 46.18 48.70 47.22 48.29 + 0.03 60.72 46.24 55.02 0.00 55.02 + 3.66 65.30 50.15 0.10 0.08 0.09 unch 0.00 0.21 0.07 0.05 0.05 0.05 unch 0.00 0.22 0.02 0.20 0.18 0.19 + 0.01 0.42 0.16 0.26 0.23 0.24 unch 0.00 0.38 0.22 0.02 0.02 0.02 unch 0.00 0.06 0.01 0.19 0.14 0.18 - 0.01 0.23 0.05 0.13 0.10 0.12 - 0.02 0.13 0.03 0.12 0.11 0.12 + 0.01 0.14 0.08 0.03 0.03 0.03 unch 0.00 0.09 0.03 1.18 0.91 1.05 + 0.02 2.16 0.84 0.78 0.75 0.75 - 0.03 1.66 0.75 0.02 0.02 0.02 unch 0.00 0.10 0.02 0.14 0.10 0.12 + 0.02 0.36 0.08 0.10 0.00 0.10 unch 0.00 0.10 0.09 0.06 0.06 0.06 unch 0.00 0.06 0.01 0.16 0.14 0.15 - 0.01 0.19 0.12 0.17 0.15 0.17 + 0.02 0.84 0.10 0.13 0.11 0.13 + 0.00 0.67 0.08 0.14 0.14 0.14 + 0.02 0.30 0.12 0.11 0.09 0.10 + 0.01 0.46 0.08 0.20 0.18 0.18 - 0.01 0.53 0.18 0.06 0.06 0.06 unch 0.00 0.09 0.02 0.09 0.07 0.08 - 0.01 0.28 0.07 0.07 0.05 0.06 + 0.01 0.09 0.05 0.05 0.03 0.05 + 0.02 0.07 0.03 0.07 0.06 0.06 - 0.01 0.10 0.05 0.04 0.04 0.04 - 0.00 0.06 0.01 0.06 0.04 0.04 - 0.01 0.12 0.02 0.00 0.00 0.26 unch 0.00 0.50 0.10 0.11 0.08 0.10 - 0.02 0.45 0.08 0.13 0.12 0.12 - 0.01 0.58 0.12 0.06 0.04 0.05 - 0.01 0.11 0.04 0.98 0.92 0.97 + 0.04 1.44 0.87 0.73 0.71 0.73 + 0.03 1.13 0.66 79.61 75.58 78.32 + 0.23 98.53 75.58 0.01 0.00 0.00 - 0.00 0.01 0.00 0.09 0.07 0.08 unch 0.00 0.38 0.07 0.07 0.05 0.07 + 0.00 0.31 0.05 0.09 0.00 0.09 + 0.01 0.18 0.07 0.01 0.00 0.00 - 0.00 0.01 0.00 0.00 0.00 0.09 unch 0.00 0.90 0.08 0.08 0.08 0.08 unch 0.00 0.13 0.00 0.08 0.08 0.08 unch 0.00 0.08 0.07 0.10 0.00 0.10 + 0.01 0.55 0.09 1.08 0.96 0.98 - 0.11 1.48 0.81 1.65 1.24 1.28 - 0.12 1.88 1.05 0.29 0.28 0.28 unch 0.00 0.50 0.22 0.01 0.01 0.01 unch 0.00 0.03 0.01 0.02 0.02 0.02 unch 0.00 0.04 0.01 1.00 0.92 1.00 + 0.05 1.46 0.68 0.05 0.05 0.05 unch 0.00 0.11 0.05 0.08 0.07 0.07 - 0.01 0.14 0.06

Sabina Gd&Slvr T 1470 O 531 Sabina Gd&Slvr* Sable Res* O 604 Sable Res V 772 Sage Gold* O 0 Sailfish Rylty V 37 Saint Jean* O 3 Saint Jean V 636 Salazar Res* O 262 Salazar Res V 239 25 Salt Lake Pot* O Sama Res V 318 Sama Res* O 16 Samco Gold V 354 Samex Mng* O 44 620 San Gold Corp* O O 31 San Marco Res*

1.51 1.28 1.41 + 0.16 2.70 1.11 1.17 0.98 1.09 + 0.14 2.17 0.85 0.23 0.20 0.21 - 0.01 0.23 0.12 0.29 0.26 0.28 - 0.02 0.35 0.13 0.00 0.00 0.00 unch 0.00 0.20 0.00 1.15 1.04 1.05 - 0.01 3.07 1.00 0.04 0.04 0.04 unch 0.00 0.05 0.01 0.04 0.03 0.04 - 0.01 0.24 0.03 0.10 0.09 0.10 + 0.01 0.12 0.08 0.12 0.11 0.12 + 0.01 0.18 0.10 0.34 0.34 0.34 unch 0.00 0.47 0.30 0.30 0.26 0.30 + 0.03 0.50 0.14 0.23 0.21 0.23 + 0.05 0.41 0.13 0.05 0.03 0.04 - 0.01 0.11 0.02 0.00 0.00 0.00 + 0.00 0.00 0.00 0.00 0.00 0.00 unch 0.00 0.01 0.00 0.13 0.12 0.12 - 0.01 0.23 0.09

R

S

(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

187 San Marco Res V V 371 Sanatana Diam Sandfire Res V 198 Sandfire Res* O 98 O 111 Sandspring Res* V 270 Sandspring Res T 1682 Sandstorm Gold X 6254 Sandstorm Gold* 93 Sandy Lake Gld* O 252 Sandy Lake Gld V O 221 Santa Fe Gold* V 164 Santacruz Silv Sarama Res V 451 Sarissa Res* O 209 Satori Res V 10 Saturn Mnrls V 1570 Savary Gold V 712 Saville Res V 163 T 547 Scandium Intl O 54 Scandium Intl* Scorpio Gold V 869 ScoZinc Mg V 7 ScoZinc Mg* O 0 Seabridge Gld T 345 Seabridge Gld* N 2027 Search Mnls V 626 Searchlight* O 112 Searchlight V 145 Searchlight* O 2 Secova Mtls* O 50 Secova Mtls V 107 Sego Res V 2229 Select Sands V 622 T 4704 Semafo O 9 Senator Mnrls* Senator Mnrls V 24 V 3 Sennen Potash Serabi Gold T 8 Serabi Gold* O 0 Serengeti Res V 120 Shamrock Ent 284 Sherritt Intl T 1636 V 175 Shoshoni Gold 14197 N Sibanye Gold* O 0 Sibanye Gold* O 10 Sidney Resrces* Sienna Res* O 15 Sienna Res V 348 Sierra Metals* X 381 Sierra Metals T 102 V 414 Sigma Lithium Signature Res* O 50 Signature Res V 197 70 Silver Bear Rs T 57 Silver Bear Rs* O Silver Bull Re* O 1343 743 Silver Bull Re T O 97 Silver Dragon* Silver Grail V 52 Silver Hill* O 17 50 Silver Mtn Mns V Silver Phoenix 1 O 20 Silver Predatr* Silver Predatr V 12 Silver Range* O 50 Silver Range V 32 Silver Scott* O 1 O 120 Silver Spruce* Silver Spruce V 453 Silver Viper V 219 Silver Wheaton T 4892 N 12475 Silver Wheaton* T 1082 Silvercorp Met X 2022 Silvercorp Met* 194 SilverCrest Mt* O SilverCrest Mt V 502 O 50 Silverore Mns* O 102 Silverstar Res* Sirios Res* O 25 Sirios Res V 760 Sitka Gold 78 Skeena Res V 2593 Skeena Res* O 405 O 144 Skyharbour Res* V 320 Skyharbour Res Slam Explor* O 2 Slam Explor V 1067 O 20 Sojourn Explor* V 189 Sojourn Explor O 607 Sokoman Iron* 11988 Sokoman Iron V SolGold plc* O 198 SolGold plc T 43 T 61 Solitario Ex&R X 383 Solitario Ex&R* Solstice Gold V 962 327 Sonora Gld & S V Sonoro Mtls* O 0 Sonoro Mtls V 21 South32* O 114 Southern Arc* O 1 Southern Arc V 8 N 3027 Southern Copp* O 146 Southern Silvr* Southern Silvr V 326 T 15 SouthGobi Res 345 Spanish Mtn Gd V 66 Spanish Mtn Gd* O Sparton Res V 901 Sparton Res* O 50 O 395 Spearmint Res* V 2512 Spearmint Res Sphinx Res V 347 O 74 Sprott Res Hl* T 341 Sprott Res Hld 551 Spruce Ridge R V SRG Graphite V 46 SSR Mining* D 2878 SSR Mining T 649 St Augustine T 451 29 St Elias Mns* O O 121 St-Georges Eco* St-Georges Eco 5049 O 50 Stakeholdr Gld* V 594 Stakeholdr Gld O 1261 Standard Graph* Standard Lith V 657 O 137 Standard Metal* Stans Energy V 206 O 348 Stans Energy* O 276 Star Diamond* Star Diamond T 1072 Star Gold* O 2 Starcore Intl T 31 150 Starr Peak Exp V O 0 Steele Oceanic* Stellar Africa V 125 Stelmine Can V 63 Steppe Gold T 69 Sterling Grp* O 1 T 953 Stornoway Diam O 32 Stornoway Diam* Stratabd Mnr V 297 Strateco Res* O 320 Strategic Metl V 50 O 31 Strategic Metl* Strategic Res V 2 O 1 Strategic Res* Stria Lithium V 156 V 238 Strikepoint Gd O 44 Strikepoint Gd* V 482 Strongbow Expl O 11 Strongbow Expl* Stroud Res V 1250 Sulliden Mng T 122 Sun Metals V 167 N 9234 Suncor Energy* Suncor Energy T 10318 V 334 Sunvest Mnrls O 0 Sunvest Mnrls* O 129 Superior Gold* Superior Gold V 1332 Superior Mng V 3 Supreme Metals 369 O 38 Surge Copper * Surge Copper V 228 Surge Explor* O 2 Surge Explor V 216 Sutter Gold* O 70 Sutter Gold V 50 Syrah Res* O 139

0.17 0.15 0.16 unch 0.00 0.30 0.12 0.03 0.04 0.03 0.04 + 0.01 0.07 0.06 unch 0.00 0.12 0.11 0.09 0.10 0.05 0.07 0.07 0.07 + 0.00 0.10 0.14 0.19 0.15 0.17 + 0.01 0.39 0.19 0.24 0.21 0.22 + 0.02 0.46 4.62 4.97 4.65 4.90 + 0.20 6.95 3.52 3.82 3.54 3.76 + 0.18 5.64 0.08 0.08 0.08 unch 0.00 0.10 0.03 0.10 0.08 0.10 + 0.02 0.13 0.04 0.05 0.10 0.07 0.08 - 0.01 0.20 0.08 0.11 0.09 0.11 + 0.01 0.26 0.07 0.09 0.07 0.09 + 0.01 0.18 0.00 0.00 0.00 0.00 + 0.00 0.01 0.06 0.06 0.06 0.06 - 0.01 0.18 0.09 0.25 0.20 0.24 - 0.01 0.25 0.04 unch 0.00 0.08 0.05 0.04 0.05 0.05 unch 0.00 0.16 0.06 0.05 0.06 0.13 0.18 0.17 0.18 - 0.01 0.43 0.11 0.14 0.13 0.14 - 0.00 0.35 0.02 unch 0.00 0.07 0.02 0.02 0.02 0.76 unch 0.00 1.75 0.79 0.00 0.79 0.65 unch 0.00 1.44 0.00 0.00 0.65 12.61 14.83 13.65 14.52 - 0.07 17.65 11.40 10.40 11.20 + 0.10 13.70 9.80 0.03 unch 0.00 0.09 0.06 0.05 0.05 0.01 0.02 0.01 0.02 + 0.00 0.06 0.04 0.04 0.04 0.04 - 0.01 0.29 0.01 unch 0.00 0.22 0.03 0.00 0.03 0.01 unch 0.00 0.10 0.06 0.06 0.06 0.07 unch 0.00 0.50 0.09 0.07 0.08 0.03 0.06 0.05 0.06 + 0.01 0.09 0.33 0.49 0.44 0.45 - 0.02 0.69 2.73 3.21 2.82 3.17 + 0.24 4.14 0.05 unch 0.00 1.57 0.06 0.05 0.06 0.07 unch 0.00 1.99 0.09 0.09 0.09 0.30 unch 0.00 0.85 0.45 0.00 0.45 0.84 0.94 0.00 0.88 - 0.04 1.60 0.03 unch 0.00 0.82 0.00 0.00 0.76 0.12 0.14 0.13 0.14 + 0.01 0.26 0.03 0.06 0.05 0.06 + 0.02 0.08 0.78 0.87 0.84 0.84 - 0.01 1.87 0.04 0.06 0.00 0.05 - 0.03 0.08 2.02 2.42 2.14 2.31 + 0.21 6.50 0.63 unch 0.00 1.34 0.00 0.00 0.69 0.00 unch 0.00 0.02 0.00 0.00 0.00 0.06 0.07 0.07 0.07 - 0.00 0.32 0.08 0.10 0.08 0.09 - 0.01 0.39 2.13 2.53 2.22 2.50 + 0.03 3.00 2.68 3.66 2.95 3.22 - 0.03 3.85 0.95 2.40 1.96 2.35 + 0.30 2.40 0.08 0.05 0.08 + 0.02 0.11 0.04 0.05 0.10 0.08 0.09 + 0.01 0.14 0.19 0.00 0.19 + 0.02 0.32 0.12 0.15 0.14 0.15 + 0.00 0.26 0.09 0.11 0.10 0.11 + 0.00 0.23 0.08 0.14 0.13 0.14 + 0.01 0.29 0.10 0.00 0.01 0.01 0.01 + 0.00 0.02 0.06 unch 0.00 0.13 0.07 0.06 0.07 0.10 0.15 0.00 0.15 + 0.04 0.25 0.02 0.02 0.02 unch 0.00 0.03 0.02 0.06 unch 0.00 0.24 0.05 0.05 0.05 0.05 unch 0.00 0.18 0.06 0.06 0.06 0.07 0.12 0.08 0.12 + 0.02 0.25 0.09 0.12 0.12 0.12 - 0.00 0.18 0.12 unch 0.00 0.21 0.15 0.12 0.15 0.01 0.03 0.03 0.03 - 0.00 0.24 0.02 0.02 0.02 0.02 - 0.00 0.06 0.03 unch 0.00 0.08 0.04 0.04 0.04 0.09 unch 0.00 0.30 0.10 0.09 0.10 23.02 24.42 23.02 23.63 - 0.50 29.93 17.57 18.69 17.57 18.13 - 0.30 22.87 2.72 3.58 3.31 3.52 + 0.17 4.24 2.12 2.75 2.53 2.69 + 0.15 3.43 2.34 2.20 2.26 + 0.04 1.05 3.33 2.87 3.20 + 0.29 3.58 0.03 unch 0.00 0.03 0.03 0.03 0.03 0.05 0.15 0.05 0.14 + 0.09 3.36 0.12 0.15 0.14 0.15 + 0.01 0.32 0.15 0.21 0.18 0.20 + 0.02 0.41 0.11 0.13 0.11 0.12 - 0.01 0.30 0.29 0.53 0.32 0.51 + 0.18 0.80 0.23 0.40 0.24 0.39 + 0.14 0.66 0.24 0.35 0.32 0.33 + 0.01 0.42 0.31 0.45 0.43 0.44 + 0.01 0.55 0.01 unch 0.00 0.05 0.01 0.01 0.01 0.03 0.05 0.03 0.04 + 0.01 0.07 0.08 unch 0.00 0.21 0.09 0.09 0.09 0.11 unch 0.00 0.30 0.12 0.11 0.12 0.02 0.26 0.00 0.23 - 0.00 0.45 0.03 unch 0.00 0.58 0.36 0.29 0.31 0.27 0.29 0.27 0.28 + 0.01 0.55 0.32 0.36 0.36 0.36 - 0.02 0.84 0.45 0.50 0.45 0.49 + 0.02 1.01 0.35 0.39 0.35 0.38 + 0.01 0.82 0.15 0.21 0.16 0.21 + 0.05 0.38 0.09 0.07 0.08 - 0.01 0.20 0.06 0.09 unch 0.00 0.14 0.00 0.00 0.10 0.10 unch 0.00 0.20 0.10 0.10 0.10 2.29 2.55 2.41 2.55 + 0.02 3.10 0.29 0.29 0.29 0.29 + 0.00 0.65 0.36 0.40 0.00 0.40 - 0.03 0.90 38.34 44.50 43.21 44.37 + 0.74 58.09 0.12 0.16 0.12 0.15 + 0.03 0.35 0.15 0.22 0.15 0.19 + 0.03 0.42 0.10 0.13 0.00 0.12 - 0.02 0.27 0.07 0.06 0.07 + 0.01 0.16 0.06 0.06 0.04 0.06 + 0.00 0.13 0.05 0.03 0.08 0.06 0.06 - 0.01 0.14 0.02 0.05 0.05 0.05 + 0.01 0.11 0.02 0.04 0.02 0.04 + 0.01 0.11 0.02 0.05 0.04 0.04 - 0.01 0.14 0.04 0.05 0.00 0.05 + 0.01 0.08 1.04 1.27 1.04 1.20 - 0.02 1.53 1.45 0.02 3.40 1.73 1.45 1.60 - 0.05 0.04 0.04 + 0.01 0.06 0.01 0.63 1.03 0.97 1.00 - 0.02 2.25 8.97 8.43 8.91 + 0.20 11.44 7.64 11.69 11.02 11.59 + 0.22 14.62 9.66 0.02 0.03 0.02 0.02 - 0.01 0.04 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.04 0.05 0.04 0.05 - 0.00 2.20 0.02 0.08 0.06 0.07 - 0.01 2.90 0.05 0.06 0.06 0.06 - 0.00 0.45 0.06 0.08 0.06 0.07 - 0.01 0.64 0.18 0.93 0.80 0.89 + 0.09 1.13 0.80 0.16 2.85 1.00 0.80 0.97 + 0.02 0.20 0.14 0.19 + 0.02 0.23 0.03 0.04 0.03 0.03 + 0.01 0.05 0.01 unch 0.00 0.04 0.03 0.01 0.03 0.12 0.17 0.16 0.17 + 0.01 0.19 0.15 0.23 0.20 0.20 - 0.01 0.25 0.05 unch 0.00 0.11 0.05 0.00 0.05 0.11 unch 0.00 0.41 0.14 0.12 0.13 0.12 0.11 0.11 unch 0.00 0.19 0.10 0.96 unch 0.00 1.98 0.00 0.00 0.96 0.03 0.04 0.00 0.04 + 0.01 0.07 0.14 unch 0.00 0.45 0.16 0.16 0.16 0.86 0.03 2.01 1.20 1.12 1.16 + 0.03 unch 0.00 0.10 0.04 0.04 0.04 0.35 0.38 0.36 0.36 - 0.01 0.80 0.27 0.29 0.27 0.28 + 0.01 0.64 0.01 unch 0.00 0.08 0.06 0.05 0.06 0.00 0.01 0.01 0.01 + 0.00 0.02 0.36 0.41 0.36 0.41 + 0.05 0.54 0.27 0.31 0.28 0.30 + 0.02 0.45 0.10 unch 0.00 0.25 0.19 0.00 0.19 0.12 unch 0.00 0.14 0.14 0.14 0.14 0.03 unch 0.00 0.08 0.04 0.04 0.04 0.15 0.20 0.17 0.17 - 0.01 0.45 0.11 0.00 0.38 0.13 + 0.15 0.13 0.14 0.15 0.12 0.12 - 0.03 0.28 0.11 0.11 0.10 0.10 - 0.01 0.22 0.01 unch 0.00 0.03 0.02 0.01 0.01 0.23 0.24 0.23 0.24 + 0.01 0.65 0.12 0.19 0.16 0.18 + 0.01 0.40 30.68 41.62 40.19 41.30 + 0.97 42.55 38.34 54.22 52.44 53.80 + 1.11 55.47 0.06 unch 0.00 0.14 0.08 0.07 0.07 0.04 unch 0.00 0.18 0.00 0.00 0.06 0.69 0.96 0.86 0.86 - 0.07 1.28 0.85 1.25 1.11 1.12 - 0.10 1.62 0.04 0.00 0.09 unch 0.08 0.00 0.00 0.02 0.03 0.03 0.03 - 0.01 0.08 0.07 0.11 0.09 0.09 - 0.01 0.21 0.09 0.14 0.11 0.11 - 0.01 0.26 0.09 unch 0.00 0.36 0.11 0.11 0.11 0.13 0.15 0.13 0.15 + 0.01 0.28 0.01 0.01 0.01 0.01 - 0.00 0.03 0.01 0.02 0.00 0.01 - 0.01 0.04 1.64 1.90 1.70 1.89 + 0.16 3.85

T 3.54 15742 3.91 3.54 3.81 + 0.03 7.00 Tahoe Res* N 4.64 Tahoe Res T 2793 5.09 4.64 4.97 + 0.04 8.50 0.10 Taiga Gold 101 0.16 0.11 0.14 + 0.01 0.21

2018-08-27 12:20 PM

GLOBAL MINING NEWS

(100s) Stock

THE NORTHERN MINER / SEPTEMBER 3–16, 2018

Week

12-month

Exc Volume High Low Last Change High Low

Taiga Gold* O 19 Tajiri Res V 293 Taku Gold* O 11 Taku Gold 451 Talmora Diamd 20 Talon Metals T 522 Tamino Mnrls* O 603 V 44 Tanager Energy Tango Mining V 1252 V 1112 Tanqueray Expl Tantalex Res 418 Tanzania Mnls* O 11 Tanzania Mnls V 17 Tanzania Rlty T 206 Tanzania Rlty* X 484 Taranis Res V 42 Taranis Res* O 57 Tarku Res V 256 Tartisan Nick* O 1 Tartisan Nick 117 Tasca Res V 1195 Tasca Res* O 60 Taseko Mines T 1003 Taseko Mines* X 1331 T 6332 Teck Res Teck Res T 17 Teck Res* N 9723 Telson Res * O 8 Telson Res V 136 Tembo Gold V 1036 Tembo Gold* O 100 Teranga Gold T 1065 O 236 Teranga Gold* Teras Res V 146 Teras Res* O 340 Terraco Gold V 101 Terrax Mnrls* O 22 Terrax Mnrls V 246 Terreno Res V 368 442 Teslin Rvr Res V Tesoro Mnrls V 14 Tethyan Res V 20 Teuton Res V 101 Teuton Res* O 16 O 111 Texas Mineral* Themac Res V 31 Thor Expl V 38 192 Thunder Mtn Gd V Thunder Mtn Gd* O 42 V 632 Thunderstruck Thunderstruck* O 25 Till Capital V 4 V 157 Timberline Res Timberline Res* O 349 Timmins Gold T 1326 Timmins Gold* X 1726 Tinka Res V 536 Tinka Res* O 368 Titan Mining T 1256 Titan Mining* O 70 Titanium Corp V 104 TMAC Resource* O 2 260 TMAC Resources T TNR Gold V 588 65 Toachi Mg Inc* O Toachi Mg Inc V 489 Tolima Gold V 842 TomaGold V 112 Tombstone Expl* O 1388 O 8 Tonogold Res* Torex Gold* O 77 Torex Gold T 1411 O 28 Torq Resources* Torq Resources V 173

0.11 0.09 0.11 + 0.02 0.16 0.07 0.12 0.10 0.11 unch 0.00 0.18 0.08 0.03 0.03 0.03 unch 0.00 0.14 0.03 0.04 0.04 0.04 + 0.01 0.24 0.04 0.03 0.03 0.03 unch 0.00 0.06 0.01 0.10 0.09 0.09 - 0.01 0.15 0.05 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.08 0.00 0.08 unch 0.00 0.17 0.05 0.03 0.03 0.03 + 0.01 0.06 0.03 1.09 0.97 0.99 - 0.03 1.32 0.33 0.10 0.08 0.09 - 0.02 0.25 0.03 0.15 0.15 0.15 unch 0.00 0.15 0.12 0.21 0.00 0.20 - 0.01 1.20 0.12 0.52 0.46 0.48 + 0.01 0.89 0.31 0.40 0.36 0.37 - 0.00 0.68 0.24 0.11 0.08 0.11 + 0.01 0.14 0.07 0.09 0.08 0.09 + 0.00 0.11 0.03 0.03 0.02 0.03 + 0.01 0.06 0.02 0.04 0.04 0.04 unch 0.00 0.09 0.04 0.08 0.00 0.08 unch 0.00 0.16 0.06 0.07 0.05 0.05 - 0.01 0.62 0.06 0.06 0.05 0.05 unch 0.00 0.38 0.05 1.02 0.95 1.00 + 0.06 2.98 0.90 0.79 0.72 0.77 + 0.04 2.46 0.68 30.19 29.22 29.75 + 0.03 39.08 25.60 30.18 29.17 29.80 + 0.50 39.00 25.75 23.16 22.33 22.85 + 0.07 30.80 20.06 0.40 0.33 0.33 - 0.05 0.74 0.33 0.52 0.43 0.50 - 0.02 1.00 0.43 0.02 0.02 0.02 unch 0.00 0.05 0.01 0.02 0.02 0.02 + 0.00 0.03 0.01 3.92 3.57 3.83 + 0.20 5.63 2.36 3.05 2.73 2.93 + 0.15 6.40 1.83 0.10 0.06 0.10 + 0.04 0.14 0.06 0.06 0.05 0.06 unch 0.00 0.11 0.05 0.08 0.08 0.08 unch 0.00 0.12 0.07 0.30 0.28 0.28 + 0.01 0.51 0.25 0.40 0.38 0.39 + 0.04 0.62 0.33 0.04 0.04 0.04 unch 0.00 0.18 0.03 0.43 0.38 0.43 + 0.03 0.68 0.33 0.06 0.00 0.06 unch 0.00 0.12 0.05 0.24 0.24 0.24 unch 0.00 0.57 0.17 0.20 0.19 0.20 + 0.01 0.31 0.15 0.15 0.15 0.15 unch 0.00 0.25 0.12 0.21 0.19 0.20 unch 0.00 0.35 0.10 0.07 0.06 0.06 - 0.01 0.10 0.03 0.18 0.16 0.18 unch 0.00 0.23 0.09 0.15 0.14 0.15 unch 0.00 0.30 0.14 0.13 0.10 0.12 + 0.00 0.30 0.10 0.07 0.06 0.06 - 0.01 0.12 0.05 0.05 0.05 0.05 - 0.01 0.15 0.04 2.09 0.00 2.07 + 0.07 5.60 1.90 0.16 0.13 0.14 - 0.01 0.50 0.08 0.13 0.09 0.10 - 0.01 0.43 0.06 1.04 0.91 0.97 - 0.04 6.05 0.91 0.80 0.70 0.75 - 0.03 4.94 0.70 0.47 0.38 0.40 unch 0.00 0.87 0.38 0.32 0.29 0.31 + 0.01 0.75 0.29 1.38 1.22 1.38 + 0.13 1.65 0.92 0.99 0.99 0.99 unch 0.00 0.99 0.99 0.80 0.73 0.80 + 0.10 1.50 0.70 3.95 3.73 3.95 + 0.13 9.24 3.73 5.42 4.66 5.06 + 0.19 11.50 4.66 0.05 0.04 0.04 - 0.01 0.09 0.03 0.08 0.08 0.08 unch 0.00 0.30 0.08 0.12 0.10 0.12 + 0.02 0.47 0.10 0.01 0.01 0.01 unch 0.00 0.06 0.01 0.06 0.00 0.06 unch 0.00 0.10 0.05 0.01 0.00 0.00 - 0.00 0.01 0.00 0.12 0.11 0.12 + 0.01 0.40 0.04 6.81 6.15 6.65 + 0.42 18.11 5.73 8.93 8.03 8.52 + 0.43 22.01 7.29 0.33 0.31 0.33 + 0.01 1.10 0.29 0.43 0.00 0.41 + 0.02 0.78 0.39

(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

Tower Res* O 16 Tower Res V 122 V 320 Transatlan Mng Transition Mtl V 186 T 382 Treasury Metal Treasury Metal* O 29 Trecora Res* N 115 Tres-Or Res V 650 Trevali Mng* O 105 Trevali Mng T 5797 Tri Origin Exp V 726 Trident Gold V 5 Trifecta Gold* O 20 Trifecta Gold V 48 Trigen Res* O 73 Trilogy Mtls T 99 Trilogy Mtls* X 988 O 64 TriMetals Mng* TriMetals Mng* O 43 TriMetals Mng T 359 Trinity Res* O 4 Trinity Valley V 12 O 1 Trio Resources* TriStar Gold* O 112 TriStar Gold V 135 Triumph Gold V 4357 Triumph Gold* O 378 Troilus Gold V 8 Troubadour Res V 100 Troy Enrgy V 26 Troy Res* O 216 Troymet Expl V 360 True Grit Res V 1786 True North Gem V 335 V 5 Trueclaim Expl Tsodilo Res V 31 Tudor Gold * O 15 Tudor Gold V 499 Turquoise HIl T 4463 17149 Turquoise HIl* N TVI Pacific* O 12 TVI Pacific V 3263 Tyhee Gold* O 51 Typhoon Expl V 155

0.06 0.04 0.04 - 0.02 0.16 0.05 0.08 0.06 0.07 - 0.02 0.20 0.06 0.04 0.03 0.03 unch 0.00 0.10 0.03 0.11 0.11 0.11 - 0.01 0.20 0.11 0.39 0.34 0.38 + 0.03 0.77 0.33 0.29 0.26 0.29 + 0.02 0.65 0.24 13.95 13.35 13.50 - 0.30 15.60 10.25 0.04 0.03 0.03 unch 0.00 0.07 0.03 0.56 0.51 0.56 + 0.01 1.37 0.45 0.74 0.67 0.72 + 0.01 1.75 0.59 0.02 0.02 0.02 unch 0.00 0.06 0.02 0.14 0.14 0.14 unch 0.00 0.22 0.14 0.06 0.05 0.06 + 0.00 0.19 0.05 0.09 0.07 0.08 + 0.01 0.22 0.07 0.27 0.24 0.25 + 0.01 1.01 0.22 2.62 2.33 2.62 + 0.16 2.62 0.90 2.02 1.82 2.01 + 0.18 2.02 0.69 0.07 0.05 0.07 + 0.01 0.18 0.04 0.21 0.18 0.18 + 0.01 0.21 0.11 0.08 0.07 0.08 + 0.01 0.23 0.06 0.07 0.00 0.07 + 0.06 0.10 0.01 0.05 0.00 0.05 unch 0.00 0.16 0.05 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.16 0.00 0.16 + 0.01 0.30 0.13 0.20 0.19 0.20 + 0.02 0.38 0.16 0.77 0.45 0.62 + 0.17 0.77 0.26 0.58 0.33 0.47 + 0.12 0.58 0.20 1.05 0.95 0.95 - 0.01 2.25 0.95 0.15 0.15 0.15 unch 0.00 0.16 0.12 0.04 0.04 0.04 unch 0.00 0.12 0.04 0.09 0.08 0.08 unch 0.00 0.13 0.06 0.01 0.01 0.01 - 0.01 0.02 0.01 0.05 0.03 0.03 unch 0.00 0.07 0.03 0.01 0.01 0.01 unch 0.00 0.02 0.01 0.15 0.15 0.15 unch 0.00 0.30 0.07 0.52 0.42 0.52 + 0.01 0.82 0.40 0.26 0.21 0.21 - 0.06 0.71 0.21 0.32 0.26 0.30 - 0.02 0.94 0.26 3.28 3.04 3.17 + 0.11 4.52 2.87 2.51 2.33 2.43 + 0.08 3.59 2.18 0.01 0.01 0.01 unch 0.00 0.02 0.00 0.02 0.01 0.02 + 0.01 0.02 0.01 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.04 0.04 0.04 unch 0.00 0.10 0.04

U.S. Lithium* O 1337 U3O8 Corp* O 22 U3O8 Corp T 30 UC Res* O 6 285 Ucore Rare Mtl V Ucore Rare Mtl* O 488 UEX Corp T 1242 Ultra Lithium* O 9 Ultra Lithium V 10 O 20 Umbral Enrgy* Unigold* O 3 Unigold V 75 United Battery 939 United Res Hdg* O 29 United Silver* O 110 United States A* X 327 United States S* N 28331 Unity Energy V 25 Universal Vent V 400 V 8 Upper Canyon Ur-Energy T 405 Ur-Energy* X 10541 Uracan Res V 41 Uracan Res* O 11 Uragold Bay Rs V 1087 Uranium Energy* X 2885 Uranium Hunter* O 1

0.02 0.02 0.02 - 0.00 0.05 0.01 0.23 0.20 0.23 + 0.03 0.49 0.18 0.30 0.25 0.29 + 0.04 0.60 0.21 0.00 0.00 0.00 unch 0.00 0.20 0.00 0.23 0.19 0.23 + 0.02 0.31 0.17 0.18 0.14 0.18 + 0.01 0.26 0.13 0.21 0.20 0.20 + 0.01 0.41 0.15 0.17 0.13 0.17 + 0.00 0.63 0.12 0.18 0.00 0.18 unch 0.00 0.80 0.15 0.23 0.19 0.23 + 0.04 0.64 0.10 0.12 0.12 0.12 unch 0.00 0.21 0.12 0.17 0.16 0.17 unch 0.00 0.29 0.15 0.95 0.71 0.88 + 0.17 0.88 0.40 0.03 0.03 0.03 + 0.01 0.07 0.00 0.00 0.00 0.00 unch 0.00 0.01 0.00 0.61 0.51 0.55 - 0.03 0.79 0.20 31.59 30.21 30.95 + 0.88 47.64 23.16 0.12 0.12 0.12 - 0.03 0.23 0.10 0.63 0.55 0.55 - 0.05 0.63 0.31 0.24 0.23 0.24 - 0.05 0.40 0.10 1.01 0.91 1.00 + 0.07 1.13 0.62 0.78 0.69 0.76 + 0.04 0.91 0.50 0.03 0.03 0.03 + 0.01 0.04 0.02 0.01 0.00 0.01 + 0.00 0.09 0.01 0.10 0.09 0.10 + 0.01 0.14 0.08 1.71 1.60 1.63 + 0.02 2.00 0.96 1.00 0.00 1.00 + 0.40 2.09 0.26

U-V

(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

Uranium Res* D 2040 Uravan Mnrls V 1221 US Energy* D 4160 O 528 US Precious M* USCorp* O 984 N 69607 Vale* 610 Valley High Mg* O O 3 ValOre Metals* ValOre Metals V 87 Valoro Res V 120 Valoro Res* O 0 Valterra Res V 249 Valterra Res* O 342 V 989 Vanadium One O 53 Vanadiumcorp* Vangold Res* O 30 Vangold Res V 664 O 142 Vanstar Mng Rs* V 212 Vanstar Mng Rs Vantex Res* O 6 Vantex Res V 20 Vatic Vent V 126 Vatic Vent* O 5 N 3775 Vedanta* O 3 Velocity Mnrls* Velocity Mnrls V 1176 O 135 Vendetta Mng* Vendetta Mng V 335 V 30 Venerable Vent O 125 Venture Mnrls* Verde Potash T 144 Verde Res* O 126 Veris Gold* O 1 Vertical Expl V 41 Victoria Gold V 825 Victory Nickel 237 O 10 Victory Nickel* Victory Res V 8 Victory Vent V 241 Victory Vent* O 8 Virginia Enrgy V 165 O 130 Virginia Enrgy* Viscount Mng V 267 63 Visible Gold M V O 133 Vision Lithium* Vision Lithium V 257 Vista Gold T 32 Vista Gold* X 571 Viva Gold* O 32 Viva Gold V 162 Volcanic Gold V 31 Volt Energy V 0 Voltaic Min V 23 Voyageur Min V 59 O 125 VR Resources* VR Resources V 298 Vulcan Mnrls V 99 VVC Expl V 314

0.25 0.29 0.25 0.26 - 0.02 1.57 0.04 0.04 0.04 0.04 - 0.01 0.08 0.71 1.14 0.81 0.93 + 0.07 1.96 0.00 0.00 0.00 0.00 - 0.00 0.01 0.00 0.01 0.00 0.01 + 0.00 0.02 13.30 12.79 13.22 + 0.22 15.24 9.53 0.01 0.00 0.00 + 0.00 0.04 0.00 0.40 0.40 0.00 0.40 - 0.00 0.48 0.52 0.58 0.52 0.53 + 0.01 1.25 0.12 0.14 0.12 0.13 + 0.01 0.90 0.10 unch 0.00 0.14 0.10 0.10 0.10 0.02 0.00 0.06 unch 0.03 0.03 0.02 0.01 0.02 0.01 0.02 - 0.00 0.05 0.04 0.08 0.07 0.07 - 0.01 0.13 0.01 0.12 0.10 0.11 + 0.01 0.15 0.03 unch 0.00 0.20 0.04 0.00 0.04 0.05 0.06 0.05 0.06 + 0.02 0.25 0.08 0.09 0.08 0.08 - 0.00 0.09 0.06 0.11 0.10 0.11 - 0.01 0.12 0.04 unch 0.00 0.24 0.19 0.19 0.19 0.23 0.24 0.23 0.23 - 0.01 0.58 0.10 0.11 0.10 0.11 - 0.01 0.32 0.05 unch 0.00 0.64 0.09 0.07 0.09 11.58 12.78 11.98 12.76 + 0.49 21.99 0.09 unch 0.00 0.30 0.09 0.09 0.09 0.13 0.15 0.13 0.15 + 0.02 0.40 0.13 0.16 0.14 0.15 + 0.02 0.24 0.16 0.20 0.18 0.20 + 0.01 0.30 0.09 0.13 0.11 0.13 + 0.02 0.14 0.02 0.02 0.02 0.02 - 0.00 0.04 0.39 0.85 0.75 0.84 + 0.03 1.26 0.00 0.01 0.01 0.01 - 0.00 0.13 0.00 0.00 0.00 0.00 - 0.00 0.02 0.05 0.11 0.10 0.11 + 0.01 0.40 0.30 0.34 0.32 0.33 + 0.02 0.57 0.03 0.05 0.00 0.04 - 0.01 0.07 0.02 unch 0.00 0.05 0.04 0.03 0.03 0.13 0.15 0.15 0.15 - 0.02 0.65 0.06 unch 0.00 0.36 0.15 0.00 0.14 0.06 unch 0.00 0.24 0.11 0.00 0.10 0.09 0.23 0.16 0.17 - 0.06 0.33 0.07 0.18 0.13 0.14 - 0.04 0.25 0.22 unch 0.00 0.40 0.25 0.23 0.24 0.07 0.07 0.07 unch 0.00 0.18 0.06 0.16 unch 0.00 0.62 0.21 0.21 0.21 0.18 0.31 0.24 0.31 + 0.06 0.79 0.63 0.70 0.66 0.69 + 0.02 1.14 0.47 0.56 0.50 0.53 + 0.01 0.92 0.24 0.35 0.24 0.35 + 0.09 0.40 0.21 0.46 0.43 0.46 + 0.01 0.69 0.08 unch 0.00 0.46 0.10 0.10 0.10 0.09 unch 0.00 0.96 0.00 0.00 0.09 0.17 0.20 0.20 0.20 - 0.05 0.90 0.04 0.08 0.06 0.07 - 0.01 0.15 0.14 0.18 0.14 0.14 - 0.04 0.35 0.19 0.21 0.19 0.19 - 0.03 0.43 0.04 0.07 0.06 0.07 + 0.01 0.07 0.03 unch 0.00 0.07 0.03 0.00 0.03

Walker Lane* O 20 Walker River V 105 T 1529 Wallbridge Mng 354 War Eagle Mg V Waseco Res V 99 Wealth Mnrls V 525 Wealth Mnrls* O 571 V 4 Wescan Gldflds O 340 Wesdome Gold* T 2320 Wesdome Gold West Af Res V 1154 64 West High Yld V West Kirkland V 273

0.10 0.40 0.32 0.39 + 0.02 0.40 0.05 unch 0.00 0.15 0.05 0.05 0.05 0.06 0.10 0.09 0.09 - 0.02 0.15 0.08 0.07 0.08 unch 0.00 0.22 0.04 0.03 unch 0.00 0.08 0.04 0.03 0.04 0.54 0.74 0.61 0.63 - 0.12 2.34 0.41 0.57 0.45 0.50 - 0.07 1.85 0.01 0.04 0.00 0.04 + 0.01 0.12 1.28 2.68 2.48 2.53 + 0.03 3.79 1.64 3.46 3.20 3.32 + 0.08 3.83 0.28 0.31 0.28 0.28 - 0.03 0.50 0.39 0.37 0.38 + 0.02 3.80 0.24 0.05 0.06 0.05 0.05 - 0.01 0.09

W-Z

(100s) Stock

Week

23

12-month

Exc Volume High Low Last Change High Low

West Kirkland * O 72 O 29 West Red Lake* West Red Lake 224 Western Areas* O 0 Western Atlas V 625 T 236 Western Copper X 320 Western Copper* 68 Western Pac Rs V Western Pac Rs* O 218 T 41 Western Potash Western Res* O 79 Western Uran 109 O 229 Western Uran* Westhaven Vent V 424 O 57 Westhaven Vent* O 480 Westkam Gold* V 8565 Westkam Gold V 82 Westminster Rs Westmoreland* O 276 0 WestMountain* O Whistler Gold V 0 White Gold V 93 White Gold* O 32 White Metal R* O 268 White Metal Rs V 1814 160 White Mtn Engy* O O 5 Whitehaven Coa* V 3 Whitemud Res Wildsky Res* O 4 Wildsky Res V 55 O 276 Winston Gold* Winston Gold 31 Winston Res 41 Wolfden Res* O 127 Wolfden Res V 139 Wolfeye Res V 124 O 5 Wolverine Mnls* V 4 Wolverine Mnls Worldwide Res V 3 WPC Res V 540 X-Terra Res* O 0 X-Terra Res V 156 Xiana Mng V 11 Xiana Mng* O 1 Ximen Mng* O 45 Ximen Mng V 21 V 142 Xtierra Xtra-Gold Res T 10 Xtra-Gold Res* O 50 14828 Yamana Gold T N 63952 Yamana Gold* O 0 Yanzhou Coal* V 52 Yellowhead Mng Yorbeau Res T 1114 Yorbeau Res* O 155 0 You Han Data* O 115 Zadar Vent * O Zadar Vent V 404 Zanzibar Gold 6 Zara Res 24 Zena Mng V 15 O 3 Zenyatta Vent* Zenyatta Vent V 47 Zephyr Mnls* O 107 Zephyr Mnls V 54 Zimtu Capital V 8 483 Zinc One Res V 169 Zinc One Res * O Zincore Mtls V 101 ZincX Res V 1933 ZincX Res* O 24 Zonte Mtls V 756

0.05 0.00 0.05 - 0.00 0.07 0.04 0.07 0.05 0.05 - 0.01 0.20 0.04 0.09 0.06 0.07 - 0.01 0.19 0.06 2.15 2.15 2.15 unch 0.00 2.82 1.93 0.08 0.08 0.08 unch 0.00 0.32 0.08 0.96 0.89 0.91 - 0.04 1.76 0.89 0.75 0.69 0.70 - 0.02 1.44 0.65 0.02 0.00 0.02 unch 0.00 0.03 0.01 0.01 0.01 0.01 - 0.00 0.03 0.01 0.37 0.34 0.35 - 0.01 0.58 0.34 0.27 0.26 0.27 + 0.00 0.37 0.26 1.28 1.06 1.22 + 0.17 1.28 0.54 0.99 0.82 0.93 + 0.09 0.99 0.44 0.18 0.14 0.18 + 0.04 0.24 0.08 0.14 0.11 0.13 + 0.02 0.18 0.06 0.02 0.01 0.01 + 0.00 0.04 0.01 0.02 0.01 0.02 unch 0.00 0.05 0.01 0.12 0.09 0.10 - 0.02 0.35 0.07 0.15 0.13 0.14 - 0.00 3.13 0.07 0.00 0.00 3.30 unch 0.00 11.00 1.15 0.00 0.00 0.08 unch 0.00 0.08 0.04 0.73 0.67 0.68 - 0.02 1.65 0.61 0.56 0.52 0.53 - 0.02 0.73 0.49 0.13 0.09 0.12 + 0.01 0.19 0.05 0.17 0.11 0.15 + 0.01 0.25 0.03 0.00 0.00 0.00 unch 0.00 0.00 0.00 3.70 3.62 3.62 - 0.08 4.37 2.70 0.02 0.00 0.02 unch 0.00 0.05 0.01 0.77 0.10 0.77 + 0.67 0.32 0.09 1.01 0.14 1.01 + 0.89 0.40 0.12 0.05 0.04 0.05 + 0.01 0.09 0.02 0.06 0.05 0.06 + 0.01 0.09 0.03 0.08 0.00 0.07 - 0.02 0.24 0.08 0.22 0.20 0.21 + 0.00 0.56 0.13 0.28 0.26 0.28 unch 0.00 0.68 0.16 0.79 0.74 0.75 - 0.05 1.64 0.74 0.06 0.06 0.06 unch 0.00 0.12 0.06 0.10 0.00 0.10 + 0.01 0.17 0.07 0.00 0.00 0.03 unch 0.00 0.09 0.01 0.03 0.02 0.03 unch 0.00 0.07 0.02 0.00 0.00 0.11 unch 0.00 0.26 0.11 0.12 0.12 0.12 + 0.01 0.35 0.11 0.60 0.00 0.50 - 0.10 0.70 0.08 0.34 0.34 0.34 unch 0.00 0.55 0.06 0.11 0.11 0.11 + 0.00 0.44 0.10 0.16 0.15 0.16 unch 0.00 0.25 0.13 0.07 0.05 0.06 - 0.01 0.08 0.02 0.23 0.23 0.23 unch 0.00 0.30 0.18 0.17 0.17 0.17 unch 0.00 0.24 0.11 3.70 3.46 3.66 + 0.12 4.69 3.09 2.84 2.65 2.80 + 0.10 3.80 2.40 1.22 1.22 1.22 unch 0.00 1.83 0.96 0.11 0.00 0.11 unch 0.00 0.70 0.10 0.04 0.03 0.04 unch 0.00 0.10 0.03 0.02 0.02 0.02 - 0.00 0.06 0.02 0.00 0.00 2.80 unch 0.00 2.80 1.00 0.03 0.02 0.02 unch 0.00 0.08 0.02 0.05 0.05 0.05 + 0.01 0.13 0.03 0.15 0.11 0.11 - 0.01 0.15 0.11 0.16 0.00 0.15 - 0.01 0.24 0.08 0.07 0.07 0.07 unch 0.00 0.18 0.07 0.40 0.36 0.40 + 0.02 0.86 0.34 0.53 0.47 0.53 + 0.03 1.07 0.42 0.20 0.17 0.20 + 0.04 0.28 0.16 0.26 0.22 0.26 + 0.05 0.34 0.20 0.26 0.26 0.26 unch 0.00 0.40 0.21 0.16 0.14 0.16 unch 0.00 0.58 0.15 0.12 0.10 0.11 - 0.00 0.46 0.11 0.07 0.00 0.06 - 0.02 0.35 0.03 0.42 0.32 0.42 + 0.04 0.75 0.24 0.30 0.26 0.30 - 0.03 0.56 0.19 0.30 0.20 0.28 + 0.08 0.39 0.12

BID-ASK — AUGUST 20–24, 2018

STOCK

37 Capital 55 North AEX Gold African Metals Alba Minerals Alderon Iron* Alexandra Cap Allante Potash ALQ Gold Altan Rio Mnls Altitude Res Amador Gold Amanta Res Anglo-Bomarc Angus Ventures Arch Coal* Arcturus Vent Arian Res Arrowstar Res Asante Gold Asbestos Corp Ashanti Sanko Astur Gold Atlatsa Res* Aurcana Corp AurCrest Gold Aurelius Min Austin Res AXE Expl Banro Corp* BE Res Bell Copper Belvedere Res Bethpage Cap BHK Mining Bird River Res Black Bull Res Black Mam Mtls Bluenose Gold Boss Power Brunswick Res Buffalo Coal Bullion Gld Res Bullman Mnls Cairo Res Canada Coal Canoe Mng Vent Caracara Silvr Carlin Gold Cassius Vents Cdn Platinum Cdn Silvr Hunt Chinapintza Mg Cleghorn Mnls Cliffs Nat Res* Clydesdale Res CMX Gold & Sil Comet Inds Compass Gold Cresval Cap Cyntar Venture Cyprium Mng Dawson Gold Discovery Harb Discovery Met Eastern Zinc Electra Stone Empire Rock Essex Minerals Eureka Res European Metal EVI Global Grp Excalibur Res Fengro Industr Fieldex Expl Finore Mng

12-MONTH

EXC BID ASK LAST HIGH

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

20-23_SEPT3_StockTables.indd 23

0.25 ...

0.30 0.35 0.02 0.02 0.02 0.35 0.40 0.38 0.71 0.06 0.09 0.06 0.15 0.16 0.16 0.28 ... 0.40 0.14 0.52 0.50 0.63 0.50 0.93 0.07 0.34 0.10 0.11 1.10 1.11 0.22 0.29 0.02 0.02 0.02 0.02 0.06 ...

0.05 0.09 0.17 0.19 0.19 0.25 0.01 0.02 0.01 0.08 0.08 0.15 0.16 0.42 0.50 0.45 0.50 ... ...

0.58 0.11 0.17 0.10 0.20 0.01 0.02 0.01 0.20 0.20 0.12 0.12 0.03 0.05 0.05 0.15 0.35 0.99 0.50 0.90 0.05 0.05 0.05 0.10 0.06 0.08 0.08 0.10 ... ...

0.06 0.45 0.21 0.21 0.23 0.30 0.03 0.04 0.03 0.04 0.13 0.14 0.14 0.15 0.01 0.02 0.02 0.04 0.05 0.05 0.06 0.17 0.11 0.11 0.11 2.10 0.05 0.06 0.05 0.08 0.17 0.20 0.20 0.22 0.78 0.78 0.82 0.96 0.06 ...

0.07 0.14 0.02 0.02 0.02 0.02 0.15 0.15 0.23 0.63 0.10 0.18 0.10 0.10 0.11 0.14 0.11 0.25 0.07 0.14 0.15 0.17 0.17 0.20 0.17 0.03 0.04 0.03 0.05 0.01 0.02 0.01 0.03 0.40 0.40 0.40 0.47 0.09 0.12 0.09 0.10 0.32 0.45 0.33 0.43 0.08 0.08 0.09 0.12 0.05 0.05 0.14 0.25 0.10 0.15 0.11 0.30 0.03 0.03 0.03 0.09 0.02 0.04 0.03 0.07 0.03 0.03 0.03 0.05 0.02 0.06 0.06 0.12 0.01 0.02 0.01 0.01 0.08 0.09 0.10 0.14 1.45 3.20 1.43 7.17 0.04 0.14 0.02 0.15 0.05 0.08 0.08 0.12 3.15 3.55 3.60 3.60 0.36 0.44 0.41 0.80 0.07 0.20 0.05 0.06 0.10 0.18 0.15 0.15 0.03 0.03 0.03 0.01 0.81 0.30 0.05 0.08 0.07 0.08 0.26 0.31 0.31 0.92 0.26 0.55 0.24 0.46 0.01 0.02 0.01 0.04 0.12 0.23 0.11 0.30 0.08 0.09 0.08 0.25 0.03 0.03 0.03 0.06 ... 0.01 0.01 0.28 0.37 0.35 0.43 0.09 0.10 0.10 0.11 0.10 0.12 0.10 0.31 0.18 0.18 0.19 0.12 0.12 0.11

LOW

STOCK

0.12

Fire River Gol First Idaho Four Nines Full Metal Mnl Gem Intl Res GFM Res Global Cobalt Global Cop Grp GobiMin God’s Lake Res Goldbank Mng Goldbelt Emp Golden Cariboo Golden Harp Golden Secret GoldTrain Res Great Thunder Greatbanks Res Green Arrow Grenville Gold Grosvenor Res Guerrero Vents Gunpoint Expl Harfang Explor Helio Res Highbury Proj Highvista Gold Icon Explor Indigo Expl Infinite Lith Inomin Mines Interconnect Intl Battery Intl Millm Mng Iron South Mng Jayden Res JDF Explor Inc Jiminex Jubilee Gold Kenna Res Knick Expl La Imperial Le Mare Gold Lead Ventures Leo Res Lithion Energy Logan Res Lovitt Res Madeira Mrnls MAG Silver* Manado Gold Margaux Res Martina Mnls Match Capital MAX Res McChip Res Mega Copper Meridius Res Mesa Expl Metalore Res Micrex Dev Midnight Star MillenMin Vent Millstream Min Minecorp Egy Minsud Res Moag Copper Montana Gold Mountain Lake MX Gold Navy Res Nebu Res New Jersey Mng New Klondike New Stratus New World Res

0.36 0.04 0.12 0.09 0.06 0.21 0.01 0.03 0.13 0.05 0.33 0.07 0.03 0.03 0.21 0.02 0.01 0.06 0.17 0.02 0.03 0.01 0.02 0.10 0.04 0.03 0.15 0.07 0.02 0.07 0.09 0.06 0.00 0.02 0.01 0.20 0.06 0.30 0.04 0.09 0.05 0.03 0.03 0.02 0.04 0.01 0.05 0.98 0.02 0.04 2.95 0.38 0.04 0.15 0.05 0.27 0.17 0.01 0.11 0.07 0.02 0.03 0.01 0.10

12-MONTH

EXC BID ASK LAST HIGH LOW

V V C V V V V V V C V V V V V C V V V V V V V V V V V V V V V V C V V V C V V V V C V C C V V V V X V V V V V V V V V V V C V V V V C C C V V V C V V V

0.03 0.07 0.09 0.09 0.24 0.04 0.06 0.06 0.09 0.08 0.16 0.01 0.12 0.10 0.15 0.01 0.02 0.02 0.03 0.06 0.12 0.15 0.15 0.02 0.02 0.02 0.07 0.08 0.08 0.11 0.33 0.42 0.37 0.55 0.95 ...

0.90 1.10 0.14 0.24 0.14 0.34 0.02 0.02 0.02 0.03 0.05 0.06 0.05 0.18 0.06 0.15 0.06 0.20 0.29 0.35 0.27 0.50 ... ...

0.08 0.08 0.02 0.03 0.02 0.06 0.03 0.05 0.03 0.03 0.03 0.03 0.19 0.09 0.23 0.09 0.17 0.14 0.50 0.20 0.20 0.10 0.14 0.12 0.30 0.36 0.40 0.35 0.41 0.23 0.25 0.26 0.35 0.08 0.13 0.08 0.50 0.21 0.40 0.30 0.35 ... 0.15 0.17 ... 0.40 0.41 0.84 0.02 0.02 0.02 0.06 0.26 0.29 0.28 0.32 0.05 0.06 0.05 0.20 0.03 0.10 0.11 0.11 ... ...

0.31 0.32 0.02 0.03 0.03 0.04 0.24 0.27 0.24 0.28 0.12 0.12 0.11 0.38 0.01 0.10 0.05 0.15 0.08 0.09 0.05 0.28 0.45 0.64 0.64 0.70 0.13 0.16 0.15 0.01 0.02 0.01 0.05 0.07 0.24 0.07 0.08 0.07 0.10 0.17 1.75 0.22 0.47 0.25 0.60 ... 1.09 1.09 ... ...

0.10 0.03 0.06 0.06 0.08 0.08 0.13 0.10 0.25 0.03 0.10 0.03 0.05 12.52 13.30 12.52 14.40 0.05 0.06 0.05 0.24 0.11 0.16 0.15 0.35 0.05 0.08 0.04 0.07 0.01 ...

0.04 0.16 0.22 0.20 0.32 0.67 0.74 0.66 0.87 0.17 0.20 0.17 0.18 0.18 0.30 0.20 0.20 0.06 0.06 0.06 0.08 2.25 2.85 1.80 4.45 0.02 0.02 0.01 0.03 ... ...

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

0.12 0.20 0.07 0.09 0.07 0.21 ... ...

0.08 0.09 0.10 0.10 0.10 ... 0.16 0.05 0.09 0.11 0.11 0.11 0.22 0.20 0.27 0.24 0.32 0.02 0.02 0.04 0.20 0.33 0.23 0.26 0.01 0.01 0.01 0.33 ...

0.40 0.46 0.18 0.21 0.20 0.29

0.02 0.07 0.08 0.01 0.02 0.04 0.30 0.07 0.13 0.01 0.05 0.01 0.20 0.08 0.02 0.02 0.08 0.15 0.10 0.16 0.22 0.08 0.22 0.03 0.02 0.12 0.02 0.05 0.31 0.01 0.04 0.08 0.01 0.05 0.35 0.01 0.04 0.17 0.06 0.04 0.02 0.02 6.12 0.04 0.12 0.03 0.06 0.37 0.16 0.20 0.03 1.77 0.01 0.08 0.07 0.06 0.02 0.03 0.08 0.17 0.23 0.08 0.10

STOCK

Newlox Gold Newmac Res Nickel North North Am Ptash Norvista Cap Nubian Res Odyssey Res Orestone Mng Orford Mining Oriental Non F Orofino Mnrls Pac Arc Res Pac Cascade Pac Link Mng Pacific Empire Patriot Gold Pedro Res Pele Mtn Res Phoenix Gold Plate Res Prime Meridian Prism Res ProAm Expl Quantum Cobalt Rare Element* Razore Rock Res Red Oak Mg Red Tiger Mng Reliant Gold Remington Res Rhyolite Res Riley Resource Rockland Mnls Rockridge Res Rojo Res Ross River RT Minerals Rubicon Mnrls* Sage Gold Scavo Res Silver Mtn Mns Sojourn Explor Starr Peak Exp Stelmine Can Superior Mng Surge Explor Tajiri Res Talmora Diamd Tearlach Res Tethyan Res Theia Res Thor Expl Tiger Intl Tintina Mines Tri-River Vent Trident Gold Troubadour Res Trueclaim Expl UC Res Vale* Valencia Vent ValOre Metals Vanadium One Vanadiumcorp Vela Minerals Visible Gold M Wabi Explor Westcot Vent Western Atlas Western Troy C Westridge Res Worldwide Res Xander Res Zena Mng Zimtu Capital Zinco Mng

12-MONTH

EXC BID ASK LAST HIGH LOW

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

0.05 0.06 0.05 0.08 0.08 0.11 0.08 0.09 0.02 0.03 0.02 0.07 0.05 0.08 0.04 0.11 0.13 0.11 0.16 0.13 0.19 0.12 0.34 0.04 0.06 0.04 0.07 0.07 0.08 0.07 0.13 0.18 0.24 0.20 0.70 0.01 1.05 1.05 1.05 ... 0.25 0.14 0.19 0.52 0.52 0.70 0.82 0.01 0.02 0.01 0.03 0.50 0.20 0.20 0.10 0.11 0.10 0.20 0.06 0.15 0.10 0.13 ... 0.31 0.21 0.42 0.04 0.04 0.04 0.15 ... 0.01 0.01 0.06 0.08 0.07 0.10 0.01 0.50 0.14 0.06 0.07 0.06 0.20 0.03 0.04 0.04 0.04 ... ...

1.10 3.15 0.11 0.16 0.15 0.89 0.11 0.21 0.11 0.63 0.28 0.34 0.33 0.34 0.02 0.03 0.03 0.02 0.02 0.02 0.04 0.23 0.33 0.25 1.00 0.15 0.20 0.15 0.40 0.10 0.34 0.15 0.15 0.07 0.08 0.08 0.11 0.22 0.26 0.26 0.50 ... 0.40 0.40 0.40 0.16 0.16 0.26 0.50 0.09 0.10 0.09 0.90 ... ...

0.03 1.35 0.01 0.01 0.02 0.25 0.36 0.57 0.36 0.54 0.02 0.02 0.02 0.03 0.11 0.12 0.12 0.30 0.11 0.13 0.11 0.19 0.16 0.18 0.16 0.45 0.07 0.12 0.08 0.09 0.39 0.44 0.39 0.23 0.10 0.13 0.11 0.18 0.03 0.06 0.03 0.06 0.08 0.15 0.08 0.18 0.22 0.24 0.57 0.07 0.13 0.09 0.12 0.16 0.18 0.18 0.23 0.06 0.10 0.06 0.17 0.02 0.10 0.05 0.10 ... ...

0.04 0.14 0.17 0.14 0.22 0.12 0.18 0.15 0.16 0.15 0.19 0.15 0.30 0.01 0.02 0.02 0.03 ... ...

10.24 11.10 0.12 0.33 0.22 0.22 0.06 0.07 0.07 0.13 0.13 0.15 0.13 0.09 0.10 0.09 0.16 0.18 0.30 0.30 0.30 0.07 0.08 0.07 0.18 ... ...

0.09 0.09 ... ...

0.35 0.55 0.08 0.09 0.08 0.32 0.02 0.02 0.02 0.06 0.62 0.62 0.60 0.80 0.03 0.04 0.03 0.09 0.11 0.12 0.13 0.33 0.05 0.09 0.07 0.18 0.25 0.26 0.26 0.40 0.05 0.07 0.05

0.03 0.06 0.02 0.08 0.12 0.03 0.05 0.16 0.90 0.07 0.11 0.03 0.10 0.09 0.17 0.03 0.04 0.05 0.02 0.20 0.06 0.09 0.08 0.02 0.24 0.15 0.10 0.01 0.22 0.23 0.10 0.08 0.03 0.01 0.26 0.02 0.11 0.10 0.14 0.04 0.03 0.08 0.01 0.17 0.07 0.09 0.04 0.04 0.14 0.12 0.07 0.01 6.57 0.14 0.07 0.09 0.18 0.06 0.07 0.02 0.08 0.02 0.29 0.01 0.10 0.07 0.21

2018-08-27 12:20 PM

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2018-08-28 2:34 PM