The Northern Miner April 30 2018 Issue

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Is tin the top technology metal?

Nemaska Lithium attracts financing for Whabouchi

METAL MARKETS

| Ranking from MIT bodes well for tin prospects

FINANCING

| Japan’s SoftBank and Orion Mine Finance back Quebec project

BY TRISH SAYWELL tsaywell@northernminer.com

R

ob Bruggeman, a former research analyst with more than a decade of experience at a boutique brokerage firm and a large bank-owned proprietary trading desk on Bay Street, has been blogging on his site Alpha Mining since 2017. He also invests his own capital and is a consultant to small-cap companies and investment funds.

In a recent post, Bruggeman confesses that he had thought tin was a “boring metal” used “predominantly for solder (yawn!), and for applying a thin, corrosion-resistant layer on metal (a.k.a. tin plating) (double yawn!).”

But no longer.

Citing a study by the Massachusetts Institute of Technology (MIT) that examined which metals would be most impacted by new technologies — such as autonomous and electric vehicles, renewable energy, energy storage, and advanced computing and IT — tin headed the list.

“Never in my wildest dreams would I have expected tin to come out at the top of that list, edging out lithium and cobalt,” Bruggeman writes on his blog. “This is the first time I’ve seen or heard anything about tin possibly becoming a hot metal.”

After tin, the MIT study listed See TIN / 6

The concentrator building and the electricity hookup at Nemaska Lithium’s Whabouchi lithium project in Quebec. NEMASKA LITHIUM

BY TRISH SAYWELL tsaywell@northernminer.com

N

emaska Lithium (TSX: NMX; US-OTC: NMKEF) has landed two big financing deals in as many weeks with Japanese multinational conglomerate SoftBank Group Corp. and private equity firm Orion Mine Finance.

The two companies agreed this April to put their shoulders to the wheel and help Nemaska turn its

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spodumene lithium hard-rock deposit in Quebec into a mine, along with a processing plant that will transform the mine’s spodumene concentrate into lithium hydroxide and lithium carbonate for use in the lithium battery market.

The SoftBank Group — a global technology player with a portfolio of companies in advanced telecoms, Internet services, robotics and clean energy — is taking up to a 9.9% stake in Nemaska Lithium’s outstanding common shares at a price of $1.12 each for gross proceeds of up to $99.08 million.

If after the private placement SoftBank holds less than 9.9%, it will be entitled to buy more shares on the same terms to keep its holdings at that level. As long as SoftBank holds at least 5% of Nemaska Lithium’s shares, it has the right of first refusal to acquire up to 20% of the company’s lithium hydroxide and carbonate. The Japanese conglomerate can also nominate one person to Nemaska’s board of directors, and, as long as its equity holding is 5%, has a preemptive right to participate in any future equity offerings.

Guy Bourassa, Nemaska’s presi-

dent and CEO, says SoftBank “has the same mindset as us about electrification, green energy and storage,” and makes “a very good partner.

“They came across us while they were studying the chain of supply — it’s not worth investing millions of dollars into storage if you don’t have batteries, and you can’t build batteries if you don’t have lithium,” Bourassa says, noting that the deal took just six months to negotiate.

In March, SoftBank announced a US$200-billion investment to build the world’s largest solar power project in Saudi Arabia. The investment was made through the company’s Vision Fund private equity arm, and SoftBank says the solar farm could generate up to 200 gigawatts of energy by 2030. The Japanese company also looks to turn one of its portfolio companies, Ola — a cab-hailing and ride-sharing app popular in India — into an electric carmaker.

The second f inancing — a US$150-million streaming deal with Orion Mine Finance, a mining-focused investment business

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See NEMASKA / 2

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Nemaska Lithium’s hydro-metallurgical (hydromet) facility in Shawinigan, Quebec.   NEMASKA LITHIUM.

Nemaska Lithium attracts financing for Whabouchi NEMASKA From 1

with US$4.5 billion under management — forms another block of funding. The funds will be released in two tranches and the agreement “limits shareholder dilution, lowers Nemaska Lithium’s cost of capital, and is under terms that are both competitive and flexible,� Bourassa says. “The investment from Orion is big, because obviously, that’s one of the best names around, as far as mining funds around the world are concerned,� Bourassa says. “I don’t believe anyone else has done a streaming in the lithium space. “It’s much more complex than gold or other minerals, because you don’t have a market, so it’s very difficult to really assess, or assume, the price deck for the evaluation of the return of the stream agreement.

So it was challenging for everyone to come up with that structure.�

Under the agreement, Nemaska will give Orion 14.5% of the revenues at a 60% discount of all lithium hydroxide and lithium carbonate produced at its processing plant and sold to third parties. This works out to about 8.7% of overall sales. “It’s for the life of the mine, but we have the right to purchase back 50% for a nominal amount of money,�

Bourassa says. “So, I would say that after maybe half the mine life, we’ll reduce that stream by 50%.�

In addition to the two financing deals in early April, Nemaska announced on April 20 a seniorsecured, callable bond offering on a private-placement basis for proceeds of US$300 to US$350 million.

Nemaska describes its Whabouchi project as one of the richest lithium spodumene deposits in the world, both in volume and grade.

The company has built and commissioned the first phase of its hydromet plant in Shawnigan, Que., and produced more than 1,050 tonnes of above 6% spodumene concentrate from a bulk sample at Whabouchi. Earlier this year, it delivered 2 tonnes of lithium hydroxide solution made from its spodumene

Nemaska Lithium’s Whabouchi lithium deposit in Quebec’s James Bay region, 300 km northwest of Chibougamau.   NEMASKA LITHIUM

“THE INVESTMENT FROM ORION IS BIG BECAUSE OBVIOUSLY THAT’S ONE OF THE BEST NAMES AROUND, AS FAR AS MINING FUNDS AROUND THE WORLD ARE CONCERNED. I DON’T BELIEVE ANYONE ELSE HAS DONE A STREAMING IN THE LITHIUM SPACE.�

GUY BOURASSA PRESIDENT AND CEO, NEMASKA LITHIUM

concentrate to customers, bringing the total it has delivered to customers to 3 tonnes.

In January, the company announced that an updated resource block model after the 2016 and 2017 drilling campaign had increased Whabouchi’s mine life from 26 years to 33 years, and reported the results of its 2018 feasibility study, which updated a study completed in 2016.

The latest study took into account Nemaska’s operating experience and current offtake contracts. Compared with the earlier study, the company increased the overall capacity of the commercial project by 20% and added flexibility to the hydromet plant. It also boosted lithium carbonate production capacity up to 16,000 tonnes per year, while producing

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up to 100% of lithium hydroxide.

The 2018 feasibility study was based on an average sales price of US$14,000 per tonne for lithium hydroxide throughout the mine life, and an average selling price for lithium carbonate of US$9,500 per tonne for the first five years and US$12,000 per tonne thereafter, for the rest of the mine life.

Production costs in the first 24 years (as an open pit) were estimated at US$2,811 per tonne for lithium hydroxide and US$3,403 per tonne for lithium carbonate. (Whabouchi will be a combined open-pit and underground operation.)

Capex for the mine, concentrator and plant (as of the beginning of 2018) is $801 million (US$616 million), excluding the $74 million Nemaska has already spent.

In the earlier 2016 feasibility study capex was an estimated $549 million (US$439 million).

Life-of-mine revenue came in at US$14.8 billion, up from the US$7.4 billion in the 2016 feasibility study, while the after-tax net present value at an 8% discount rate reached US$1.8 billion, twice the amount of the previous study. The post-tax internal rate of return was 30.5%, compared with 30.3%.

During the first 23.6 years, production will be from an open pit to 224 metres deep. During the last 9.4 years, production will come from underground, with an average 55-metre depth below the bottom of the pit. The underground mining

will use longhole stoping, with the crown pillar below the pit recovered at the end of the mine life.

Bourassa notes that the decision to update the feasibility study — which was taken in second-half 2017 — delayed many of its talks with banks and other debt providers. “It stalled everything,� Bourassa says. “It was difficult to keep everyone interested, and it meant that all the technical due diligence the lenders did had to be updated, and in some cases had to be redone.�

What’s appealing about Nemaska’s project, Bourassa notes, and its technology to convert spodumene concentrate to lithium hydroxide and carbonate, is that it opens up new revenue streams for the company. “People are starting to realize that we have a lot of assets, not just the Whabouchi mine, but the Shawnigan plant and the process of converting the spodumene concentrate into salts, so obviously that can be deployed anywhere else — whether it be joint ventures or licensing deals.�

He points out that the Shawnigan plant can be expanded and that down the road, Nemaska could buy spodumene from other North American producers to feed its plant. “We would not be a tolling facility,� he says. “We would be an alternative to China.� “If you’re a spodumene concentrate producer in North America you’re in competition with all the spodumene producers in Australia, so there are different transportation

costs, and you would be losing a portion of your benefit. But if you have the alternative to sell it to a converter in Quebec, it would be more economic, so we could be a buyer to feed our plant.�

There is also the possibility of setting up joint ventures with other companies that produce spodumene concentrate and want to convert it into lithium hydroxide and carbonate themselves, Bourassa says. “We can team up with them and install at their facility our process of making lithium hydroxide,� he says. “That’s why we found that the stream deal with Orion was an interesting avenue to prevent more dilution. The stream doesn’t share in any of that, or will not share in that, so for actual shareholders, and for those that are going to come into the equity portion of the project financing, it will be more interesting in the mid- to long-term that there was $150 million less dilution in the capital structure.�

To get banks interested in debt financing wasn’t easy because they want five-year take-or-pay commitments, he says, but because the company had set up a phase-one plant to make product that it has already sold to customers, it has validated their process and pushed them further ahead on the financing front. “They need someone with a credible balance sheet to support a contract ... and you need to have a qualified product to get a take-or-pay agreement,� he says. “That’s easy to do with a spodumene concentrate, but it’s very difficult, if not impossible, to get that with lithium hydroxide and lithium carbonate, because you need quantities of samples and it takes time to qualify the product.

That’s what we did, and we were able to have discussions with real offtakers. TNM

Correction

An error was introduced into last issue’s commentary: “Stephen Dattels on friend and former colleague Peter Munk.�

The correct paragraph should have read: “[Peter Munk] floated a gold bond in Europe and raised equity to bump up its cash reserves to over $100 million by the fall of 1986. Barrick’s stake was declared to the market and Consgold brought in the U.K.’s Department of Trade and Industry, which halted Peter’s attempt to get control of Consgold and try to break it up. But Barrick became a company on the world stage as a result of Peter’s bold attempt, which was, in reality, incredible.�

The Northern Miner apologizes for the error.

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Rusal sanctions sow market turmoil ALUMINUM

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O P- E D

| U.S. sanctions hit 7% of global output

T

he global aluminum markets have been in an uproar since April 6, when the U.S. government imposed tough sanctions on Russia’s oligarchs. Caught in the net are aluminum giant Rusal and its parent company En+ Group.

The U.S. Department of the Treasury’s Office of Foreign Assets Control imposed

BY JOHN CUMMING sanctions on seven Russian oligarchs — jcumming@northernminer.com Vladimir Bogdanov, Oleg Deripaska, Suleiman Kerimov, Igor Rotenberg, Kirill Shamalov, Andrei Skoch and Viktor Vekselberg — and 12 companies they own or control, 17 senior Russian government officials, and a state-owned Russian weapons trading company and its bank.

The sanctions essentially forbid the oligarchs and their companies from doing business with the U.S. government or any U.S.-related businesses, and block any travel to the United States.

U.S. Treasury Secretary Steven T. Mnuchin was harsh in his announcement of the sanctions, and the reasons he gave for the action were many, suggesting the sanctions may be in place for a while: “The Russian government operates for the disproportionate benefit of oligarchs and government elites. The Russian government engages in a range of malign activity around the globe, including continuing to occupy Crimea and instigate violence in eastern Ukraine, supplying the Assad regime with material and weaponry as they bomb their own civilians, attempting to subvert Western democracies and malicious cyber activities.”

Most of these affected oligarchs are involved in Russia’s vast oil and gas industry, but one — Oleg Deripaska — is of interest to miners and metal traders because of his controlling interest in newly sanctioned Rusal and parent En+.

The U.S. Treasury Department said Deripaska “has been investigated for money laundering, and has been accused of threatening the lives of business rivals, illegally wiretapping a government official and taking part in extortion and racketeering. There are also allegations that Deripaska bribed a government official, ordered the murder of a businessman and had links to a Russian organized crime group.”

On April 23 the U.S. Treasury Department extended the deadline for Rusal’s American customers to comply with the sanctions from June 5 to Oct. 23 and said it would consider a petition for the producer to be removed from the sanctions list. Spot aluminum dropped 7.5% following the announcement.

Deripaska’s Rusal produced 3.7 million tonnes of aluminum in 2017, accounting for 7% of world production and 13% of production outside China. Rusal shares have fallen 66% in Hong Kong (its primary listing) since the sanctions were imposed. En+ shares, which only went public in London in late 2017, have plummeted 52%. Rusal bonds are even harder hit, and are no longer given ratings by Moody’s or Fitch Ratings.

Market watchers are still waiting to see whether the Russian government imposes retaliatory sanctions on the U.S., such as cutting off uranium or titanium supply.

The sanctions’ effect on Rusal were many, including the London Metal Exchange barring Rusal’s aluminum from being traded on its exchanges or stored in its warehouses going forward from April 17.

Aluminum prices soared more than 20% to US$2,500 per tonne after the sanctions were imposed, stoking the biggest five-day gain in three decades.

Glencore owns shares in Rusal and buys its output, but is “committed to complying with all applicable sanctions in its business and is taking all necessary measures in order to mitigate any risks.” Glencore chief executive Ivan Glasenberg has resigned from the Rusal board.

Rio Tinto is also in business with Rusal in Australia and Ireland, but said it is “fully committed to complying with the U.S. sanctions” and is “in the process of declaring force majeure on certain contracts and is working with its customers to minimize any disruption in supplies.”

Some have speculated Rusal could collapse without major support from the Russian state, but, for now, the Russian Finance Minister Anton Siluanov has stated that the government may provide short-term liquidity and other measures, although not acquire a stake in Rusal.

Deripaska has already been spotted in China, presumably trying to line up new Chinese customers for Rusal’s output.

In its latest quarterlies released on April 18, U.S. aluminum giant Alcoa scrambled to make sense of the new aluminum landscape, and hiked by US$1 billion to US$3.6 billion its 2018 earnings forecast. Alcoa commented that “considerable uncertainty remains in the global supply chain due to multiple trade actions, sanctions and supply disruptions.”

Before the Rusal news, Alcoa had already been benefitting from the 10% import tariff on aluminum imposed by the U.S. government on many countries, including China and Russia (Canada is exempted). TNM

Metals Focus: Gold could hit US$1,450 this year METAL COMMENTARY

| Yellow metal could benefit from equity correction and low-yield backdrop

The following is an edited release from Metals Focus in London, based on its annual Gold Focus report. For more information and to access the full report, visit www. metalsfocus.com.

A

fter a good December run, gold has moved sideways in a tight range since the start of 2018, as markets have lacked decisive triggers. Metals Focus says that such range-bound conditions are likely to also persist over the second quarter, as conflicting drivers are at play. However, we expect gold prices to break higher in the second half of 2018, potentially testing US$1,450 before year-end.

Gold is facing a number of challenges, most of which were also present throughout 2017. In addition, investors’ continued preference for equities — despite the volatility spikes that we have seen at times this year — together with rising bond yields, are headwinds for gold prices. The recent resilience of the U.S. dollar and ongoing rate hikes by the Federal Reserve are also negative for gold. However, Metals Focus expects that global market conditions will become positive for the metal as the year progresses.

will benefit gold. Although U.S. interest rate increases may act as a headwind, their impact on the gold price will be limited, as they are largely priced in.

Macroeconomic tail risks will ensure that the gold price carries risk premium, even if they do not materialize. Among these, rising trade protectionism and the possibility of outright trade wars stand out. Geopolitical risks have apparently dissipated, given the recent thawing in U.S.-North Korea relations, but the potential for the U.S. to pull out of the Iran nuclear deal could unsettle markets.

In terms of gold’s own fundamentals, the consultancy expects jewellery fabrication will touch a three-year high in 2018, backed by growth in India and China.

Physical investment is expected to improve 4%, while net official sector purchases could decline marginally. Gold mine supply, on the other hand, will mark a decade of growth, edging higher in 2018, albeit just 0.1%, to a new peak.

Metals Focus says that while global economic growth is optimistic, the consensus is too exuberant, as far as the medium-term is concerned. The consultancy adds that periods of global market

“OUR VIEW THAT PRICES WILL RISE IS BASED ON OUR BELIEF THAT THE DOLLAR WILL RESUME ITS SECULAR DOWNTREND. REAL SHORT-TERM RATES WILL ALSO STAY NEGATIVE FOR SOME TIME.” NIKOS KAVALIS

DEPARTMENTS Editorial. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Events. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 Metal Prices. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19

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

COMPANY INDEX Agnico Eagle Mines. . . . . . . . . . 10 Alphamin Resources. . . . . . . . . . 6 Atac Resources. . . . . . . . . . . 10,12 Baffinland Iron Mines. . . . . . . . 11 Barrick Gold. . . . . . . . . . . . . . . . 10 Coeur Mining. . . . . . . . . . . . . . . 10 Comstock Metals. . . . . . . . . . . . . 9 Copper North Mining. . . . . . . 11 Dalradian Resources. . . . . . . . . 16 Eurotin. . . . . . . . . . . . . . . . . . . . . . 6 Fortune Minerals. . . . . . . . . . . . 11 Freeport-McMoRan . . . . . . . . . . 8

Golden Predator Mining . . 10,15 Goldstrike Resources . . . . . 10,15 Independence Gold. . . . . . . . . . 10 Kerr Mines . . . . . . . . . . . . . . . . . . 7 Kinross Gold. . . . . . . . . . . . . . . . . 9 Mawson Resources . . . . . . . . . . 11 McEwen Mining . . . . . . . . . . . . 10 Moneta Porcupine Mines. . . . . 15 Nemaska Lithium . . . . . . . . . . . . 1 Newmont Mining . . . . . . . . . . . 10 Nighthawk Gold. . . . . . . . . . 9,15 Nouveau Monde Graphite. . . . . 5

Orefinders Resources . . . . . . . . . 7 Osisko Gold Royalties. . . . . . . . 16 Osisko Metals. . . . . . . . . . . . . . . 13 Osisko Mining. . . . . . . . . . . . . . 16 Seabridge Gold. . . . . . . . . . . . . . 11 Southern Silver Exploration. . . . 8 Stratabound Minerals. . . . . . . . 15 Strongbow Exploration. . . . . . . . 6 Tinka Resources. . . . . . . . . . . . . . 6 TMAC Resources. . . . . . . . . . . . 14 Triumph Gold. . . . . . . . . . . 10,14

DIRECTOR, METALS FOCUS

Nikos Kavalis, director of Metals Focus, said: “Our view that prices will rise is based on our belief that the dollar will resume its secular downtrend. Real short-term rates will also stay negative for some time to come.

“The twin deficits in the U.S. [fiscal and trade] will lower investor appetite for bonds, and the yield curve may flatten further,” Kavalis added. This, coupled with the potential for a correction in equities,

turmoil will continue to emerge, accompanied by spikes in volatility. Meanwhile, given past synchronized rallies across different markets, there is significant scope for contagion. Kavalis added that “when, rather than if, equities correct, we will still be faced with depressed yields. At this point, investor rotation back into gold, even on a modest scale, should help take it to around $1,450 by year-end.” TNM

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Nouveau Monde plans all-electric mine in Quebec GRAPHITE

BY TRISH SAYWELL tsaywell@northernminer.com

N

ouveau Monde Graphite (TSXV: NOU) wants to build an all-electric, openpit mine that will have a carbon neutral footprint at its Matawinie project in Quebec, 120 km north of Montreal.

A feasibility study on turning the natural flake graphite project into an all-electric operation should be ready before the end of 2018.

“We don’t know of any other allelectric open-pit mine, so it will be the first project of its kind,” Eric Desaulniers, the company’s founder, president and CEO, told The Northern Miner. “Hopefully we’ll be the first to build one ... construction is planned to start in the middle of 2020.”

In second-half 2017, Nouveau Monde brought together a committee of international experts: ABB Inc., Doppelmayr Canada, Met-Chem Canada Inc./DRA, Medatech Engineering Services Ltd. and SNC-Lavalin.

Met-Chem/DRA, a Montreal engineering firm, will lead the feasibility study.

Desaulniers says converting the project to an all-electric model would cost slightly more in initial capital expenses than the $180.8 million (including a $22.1-million contingency) estimated in an October 2017 prefeasibility study of a traditional operation. But the company will be eligible to apply for grants from the Quebec government, he says. In addition, the operating expenses of an all-electric mine likely would be lower than the $28 million per year — or $539 per tonne of concentrate — estimated in the prefeasibility study.

“It will be about $20 million more in capex to go all-electric, but opex should be much lower, and we can recover that money within 10 years,” he says. “There are a lot of grants for electrifying mines in Quebec — the Quebec government wants to go all electric everywhere — so we’re confident that we can get some grants. It’s good not only for our mine but also for the province to

| President and CEO Desaulniers calls Matawinie ‘first of its kind’ “IT WILL BE ABOUT $20 MILLION MORE IN CAPEX TO GO ALL-ELECTRIC, BUT OPEX SHOULD BE MUCH LOWER.” ERIC DESAULNIERS FOUNDER, PRESIDENT AND CEO, NOUVEAU MONDE GRAPHITE

develop the expertise and convert mines to electric, and then export that knowledge everywhere in the world.”

The 2017 prefeasibility study forecast annual average production of 52,000 tonnes of graphite concentrate over a 27-year mine life, putting the after-tax payback at just over 2.5 years. The project has an after-tax net present value of $297.2 million at an 8% discount rate, and a 25.9% after-tax internal rate of return.

The study also considered an average run-of-mine feed of 4,850 tonnes per day for five days a week.

The prefeasibility study only considered the pit-constrained resource of the West Zone, which has indicated resources of 32.9 million tonnes grading 4.50% graphitic carbon (Cg) and 0.2 million tonnes of 4.84% Cg in the inferred category.

“The prefeasibility study was a basic, traditional project with traditional trucks … so we worked with ABB and a bunch of other people to redo all of this with an electric concept, converting trucks to electric,” Desaulniers says. “ABB is not involved in predevelopment stage projects, but they wanted to develop this concept of all-electric mines, which is the same technology as they use for bus stations, and Medatech did all the conversion for Goldcorp’s Borden mine.”

Desaulniers notes that going electric is good for the project because it is on the grid and just two hours outside of Montreal. “It’s easier to do than it would be for a company like Stornoway Diamond in the middle of Quebec, for example,”

A worker cutting core at Nouveau Monde Graphite’s Matawinie project in Quebec, 120 km north of Montreal. NOUVEAU MONDE GRAPHITE

the CEO says.

In addition, because the company will make battery material, it made sense to turn the project into an all-electric one, he says.

Desaulniers notes that because the proposed work schedule of the mine consists of a 12-hour shift five days a week, the company can charge its fleet of trucks, excavators and bulldozers overnight, as well as opportunistically during the day.

“We’d use opportunistic charging whenever a vehicle is at a planned stop,” he explains, adding that in a 15-second charge you can get 1 kilowatt hour of electricity. Some of the vehicles can also be charged during braking, he says, for example, while they are driving down a pit slope. As for the electric crusher, 6 kilowatt hours can be had from a 90-second charge.

“It’s still too early days to put any hard figures on the charging, but it gives you an idea of how this opportunistic charging would take place,” he says. “One of the questions we have is: ‘Which trucks should we convert? Caterpillar, Komatsu, John Deere or Daimler?’

We’re negotiating with them to do the conversions.” TNM

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2018-04-24 6:02 PM

6

WWW.NORTHERNMINER.COM

APRIL 30–MAY 13, 2018 / THE NORTHERN MINER

Workers stand near a batter under development to accommodate the primary crusher at Alphamin Resources’ Bisie tin project in the eastern Democratic Republic of the Congo. ALPHAMIN RESOURCES

Underground workings at Alphamin Resources’ Bisie tin project. ALPHAMIN RESOURCES

Is tin the top technology metal?

TIN From 1

the following metals in order of importance: lithium, cobalt, silver, nickel, gold, tungsten, vanadium, graphite, niobium, zinc and platinum group metals (e.g. platinum and palladium).

There aren’t many tin companies, Bruggeman says, but he has put together a list of the ones listed in Canada, which include Alphamin Resources (TSXV: AFM), Strongbow Exploration (TSXV: SBW), Eurotin (TSXV: TIN) and Tinka Resources (TSXV: TK).

“Alphamin is in the process of building a tin mine with some spectacular grades, and expects to be producing in first-quarter 2019,” Bruggeman says. “But guess what? It is located in the Democratic Republic of the Congo (DRC)! So between

its undesirable geopolitical risk and being in the undesirable phase of building a mine, I personally will pass on Alphamin. However, if you are OK with the DRC, then take a closer look, because Alphamin is a real company with a $194-million market cap and it looks destined to become a producer.”

The Northern Miner did take a closer look at Alphamin. On its website, the company refers to its Bisie tin project in the eastern region of the DRC as one of the world’s most significant tin deposits.

In a YouTube video, Alphamin’s CEO, Boris Kamstra, describes Bisie as the second-largest contained tin project in the world and four and a half times the grade of the next runner.

“This is a truly industrial mine,” he says. “We originally looked at

trying to put in an open-cast mine, but the area we’re in has quite big valleys … so to do it in a responsible manner would be tricky, because you’d have to dam up the whole valley, and given the rainfall, there is about a metre and a half per annum ... so the metrics, the safety aspects and the economics of an open-cast mine just didn’t work.”

The company plans to drive a simple decline until it hits the orebody, and 20 metres below the orebody, a spiral decline will follow. Then the drives will go into the face, and get mined by a sub-level caving method, which the South African CEO says is suited to the orebody.

The Mpama North deposit and the Mpama South target, 1,000 metres south, are located along a ridge in dense jungle.

At the Mpama North orebody,

Alphamin has drilled up to 230,000 contained tonnes tin.

“The current mine plan is based on breaking into the circle, you’ve got to start somewhere … and we believe 230,000 contained tonnes tin is a pretty good start,” the CEO says in his video. “From that, the cash flows that are generated by this plant and project will be sufficient to explore and develop any of the other targets that we could find in the area.”

Kamstra adds that if he “had to guess,” Mpama North has 400,000 or 500,000 contained tonnes tin.

“We know it goes down. We know that this particular deposit plunges to the north, and we have every indication that it continues and actually improves,” he says. “One of our greatest drill intersections was at 550 metres down … we got the most extraordinary results, in fact

“WE’VE GOT EVERY INDICATION THAT THERE IS ANOTHER OREBODY VERY SIMILAR TO MPAMA NORTH AT MPAMA SOUTH.” BORIS KAMSTRA CEO, ALPHAMIN RESOURCES

… that I asked the geos to check it three times because I just couldn’t believe the grade that they were reporting.”

The company has some drill holes into its Mpama South target, and initial results have been similar to ones from Mpama North, Kamstra says.

“We’ve got every indication that there is another orebody very similar to Mpama North at Mpama South,” he says. “Further down the ridge, we have geochemical soil anomalies of tin and copper, which come together in this particular emplacement structure, and geophysics that have the same signature as Mpama North further down the ridge. So that’s just on the Mpama ridge itself.”

The project area, 180 km northwest of Goma, the capital of North Kivu, and 60 km northwest of Walikale, is covered with dense vegetation and no power is available from the national grid in the area. Power will have to be obtained from either diesel generators or hydroelectric generators.

“There has been an incredible amount of work done,” Kamstra says. “We have filled about 40 km of diamond core hole … and to do that on a hill in the middle of the jungle in the middle of the DRC is an extraordinary feat, and to have done it converting drill metres to measured, indicated and inferred as efficiently as our team has been able to do is mind-blowing.”

The last mineral resource was based on drilling between July 2012 and November 2015, and was the company’s fourth resource update.

Measured and indicated resources stand at 4.60 million tonnes grading 4.52% tin for 208,100 contained tonnes tin. (The copper grade is 0.31%; zinc grade, 0.15%; lead grade, 0.010%; and silver grade, 2.7 grams silver per tonne.)

Inferred resources add 0.54 million tonnes grading 4.25% tin for See TIN / 16

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2018-04-24 6:02 PM

GLOBAL MINING NEWS

THE NORTHERN MINER / APRIL 30–MAY 13, 2018

7

Orefinders acquires Abitibi property and spins out others GOLD

| Company also tables PEA for Mirado gold project

BY RICHARD QUARISA rquarisa@northernminer.com

O

refinders Resources (TSXV: ORX) has acquired the pastproducing underground McGarry gold mine and surrounding property in Ontario’s portion of the Abitibi greenstone belt. The company is focused on acquiring and consolidating property in the Abitibi that has a history of production or exploration.

“I don’t want to say I’m a deal guy, but I’m a bit of a deal guy,” Orefinders CEO Stephen Stewart says in an interview with The Northern Miner.

“I’m always looking for something that makes sense. If it fits in our portfolio, if it checks those boxes, absolutely, we’re interested.”

Orefinders acquired the 6.8 sq. km McGarry gold property for 8 million shares. The property holds the past-producing McGarry gold mine and Barber-Larder open-pit gold mine, which sit on 2.4 strike km of the Cadillac-Larder Lake break near Virginiatown, Ontario.

It comes with some infrastructure, including a shaft and hoist.

Kerr Mines (TSX: KER) — formerly Armistice Resources — previously owned the property. It didn’t install the shaft, but it’s responsible for its rehabilitation. Kerr also did a preliminary economic assessment on McGarry in 2011. The study outlined a historic resource of 447,000 indicated tonnes grading 7.89 grams gold per tonne for 112,000 oz. gold, and 157,000 inferred tonnes grading 5.83 grams gold for 29,000 oz. gold.

According to Orefinders, the Barber-Larder open-pit gold mine historically produced 70,000 tonnes of ore. Most of that tonnage was processed at the Kerr mill, which is part of the abutting Kerr-Addison mine that Stewart called “one of Canada’s best mines ever.”

“You can count on one hand the number of mines in Canada that had 10 million oz. gold,” Stewart says. “This one had 12 million over 50 years. And it was a beautiful orebody — steeply dipping. You could mine this thing super easily, and it was extraordinarily profitable.”

Stewart explains that the Kerr mine was characterized by two kinds of ore. One, the “real pay dirt,” was colloquially called “green flow ore.”

This mineralization extends onto Orefinders’ McGarry property.

Despite having a healthy resource, Armistice ran into issues in the mill.

Grades weren’t reconciling and the company was only getting 60% recoveries. It was operating on a tight budget in 2013, and had difficulty raising money. Around the shaft of the McGarry, it had trouble telling visually what parts of the rock were mineralized. It ended up mining barren rock.

“So the obvious question,” Stewart says, “is, well, what do you do about that?”

Armistice passed along 100,000 metres of core data to Orefinders.

Some intercepts recorded via underground exploration by Armistice include 8.2 grams gold over 98 metres long and 1.5 metres wide, as well as 11.1 grams gold over 24 metres long and 1.7 metres wide. Stewart says Orefinders believes the property has seen more than $50-million worth of drilling.

“To us, that’s the gold mine — accumulating the data [and] looking at understanding the mistakes previous operators made,” Stewart says.

“I’d rather be the tenth guy than the first on the project, compiling

1-16, 23_APRIL30_Main .indd 7

A headframe at the historic McGarry gold project in Ontario, which Orefinders is buying from Kerr Mines. OREFINDERS

“YOU CAN COUNT ON ONE HAND THE MINES IN CANADA THAT HAD 10 MILLION OZ. GOLD.” STEPHEN STEWART CEO, OREFINDERS

all that data into a single geological model that makes sense to us.”

Orefinders is also spinning off its silver-cobalt Mann mine and McMurchy nickel property into Power Ore, a new, battery metalfocused company.

Orefinders acquired the Mann mine and McMurchy properties — along with five other properties — in the Abitibi’s Shining Tree

district from a private company called Premet in November 2017. The company also acquired two other properties independent of Premet, and together the nine properties formed Orefinders’ Knight project.

The Mann property hosts nine historic shafts and a ramp driven to the 64-metre level over 8.6 sq. km near Cobalt, Ont., in the Temiskaming silver area. It has produced intermit-

tently throughout the 20th century.

Historic production before 1987 is pegged at over 330,000 oz. silver.

McMurchy is located 25 km west of the Mann property. It was drilled

by Creso in 2008 and returned assays that include 7.43% nickel over 1 metre. Drilling by Creso at Mann in 2011 was highlighted by 5.8 metres at 0.34% cobalt from 11.5 metres downhole and 5.2 metres at 978.5 grams silver from 35.9 metres downhole.

Stewart says Power Ore is fully financed and will be listed on the TSX Venture Exchange in May. Orefinders will get 10 million Power Ore shares. It will keep half and distribute the rest to its shareholders.

Each shareholder will receive one free share in Power Ore for every

18 Orefinders shares.

“This whole transaction is about creating a pure-play, battery metalfocused cobalt and nickel company, with a similar strategy and business plan to Orefinders, but a different commodity,” Stewart says. “We’re going to buy — just like Orefinders — advanced-stage stuff, former producers, and we’re going to have this nice, big portfolio, and develop it that way.”

Orefinders also filed a preliminary economic assessment on its Mirado gold project near Kirkland Lake, Ont., earlier this year. The report suggests an open pit on the South zone would cost $2.4 million in preproduction expenses.

The study foresees a US$941 per oz. gold cash-operating cost with an all-in sustaining cost of US$969 per oz. gold over a three-year mine life, and six months of open pit pre-stripping. The project has a $20.5 million after-tax net present value at a 5% discount rate and a projected 158% after-tax internal rate of return.

According to the study, the deposit has 559,000 indicated tonnes grading 2.61 grams gold for 46,900 oz. gold, as well as 382,000 inferred tonnes grading 2.66 grams gold for 32,700 oz. gold.

Stewart says his priority is to secure a toll-milling agreement for the Mirado project. Next is compiling all available data on the McGarry property so that Orefinders can roll out the drills when the time is right.

“It’s not right now because it’s too expensive,” Stewart says. “I’d have to give away 20% of my company just to do a drill program, and I’m not interested in doing that. There is going to be a time when exploration makes sense, and when that’s the case, you will see us go out and do a raise to bring in some exploration dollars.”

Shares of Orefinders are valued at 11¢ with a 52-week range of 4¢ to 17¢. The company has a $10-million market capitalization.

“It’s a question of risk [and] return on investment and dilution,” Stewart says. “We’re significant owners, so we think and act like owners.” TNM

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2018-04-24 6:02 PM

8

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APRIL 30–MAY 13, 2018 / THE NORTHERN MINER

Southern Silver dropping first holes into CLM West claims SILVER IN MEXICO

| Junior would table updated resource estimate in early 2019

BY RICHARD QUARISA

I

rquarisa@northernminer.com

n the coming months, Southern Silver Exploration (TSXV: SSV; US-OTC: SSVFF) will drill up to 13,000 metres at its 265 sq. km Cerro Las Minitas (CLM) polymetallic silver project, 70 km northeast of Durango, Mexico.

Drilling will begin soon with up to 3,000 metres at the newly staked CLM West claim group before transitioning to the main CLM area in June. The program has a US$3million budget.

A central monzonite intrusion acts as the heat pump for the mineralizing system. So far, Southern Silver has found four deposits in the main CLM area: Blind, El Sol, Las Victorias and Skarn Front. The Blind, El Sol and Las Victorias zones are near-surface, dike-replacementstyle deposits located west of the central monzonite intrusion.

The Skarn Front zone is located in the halo of the central monzonite intrusion. Mineralization has been traced 1 km below surface, and the zone is open along strike and at depth. It’s the largest mineral deposit at CLM, comprising 70% of the resource. High-grade mineralization forms near the Blind and El Sol intersections with the Skarn Front.

At Las Victorias, Southern Silver will focus on a 500-square-metre area with near-surface targets. At Skarn Front, it will test a 60-metre projection along strike to the northeast.

“We see areas surrounded by higher-grade mineralization that because of the unequal spacing of the drilling were never filled in,” Southern Silver vice-president of exploration Robert Macdonald says in an interview with The Northern Miner. “Those are holes we want to fill.” The company says it could

Southern Silver Exploration’s general manager of exploration Robert Macdonald (left) gets a drill report from project geologist Juan Lopez Luque in 2017 at the company’s core shack at the Cerro las Minitas silver project in Mexico. PHOTO BY LESLEY STOKES

boost its resource estimate with this program, perhaps adding up 8 million tonnes, or 100 million equivalent oz. silver. CLM has 10.1 million indicated tonnes averaging 102 grams silver per tonne, 0.1 gram gold, 0.15% copper, 1.4% lead and 3.6% zinc. It also has 8.7 million inferred tonnes grading 74 grams silver, 0.04 gram gold, 0.15% copper, 0.7% lead and 4.5% zinc.

Southern Silver will look to update the resource in early 2019.

According to the company, smallscale miners have been intermit-

tently active in the area for at least 50 years. The area’s history gets a little fuzzy before that, but the company has heard reports there may have been mining as far back as colonial times.

Historic mines are located in the skarn and hornfelsed margin of the monzonite, with shafts extending more than 200 metres below the surface. There is still small-scale mining on an inlying claim.

“That gave us early indications there was the potential for significant resources,” Macdonald says.

The project is a joint venture with Electrum Global Holdings wherein Southern Silver owns 40%, and is the operator. Freeport-McMoRan (NYSE: FCX) had an earn-in with Southern Silver, but it left after spending US$5 million. Electrum initially offered to invest directly into Southern Silver, but during the market turbulence of 2008, when the junior’s stock price was low, it invested directly into the property instead.

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est in the property. Roughly two years later, Electrum had earned its interest. Southern Silver spent the money on two resource estimates.

It’s a 15-minute drive by highway from the town of Guadalupe Victoria north to CLM. Guadalupe has a population of 10,000 and acts as Southern Silver’s base of operations. This is where the company gets electricity and looks first for its geotechnical people.

The company has three exploration permits for the property. It’s in the second year of a four-year permit for the main CLM area, and has just received permits for more exploration on the CLM West claims.

“The original idea was that as you move to the west of the area of the Cerro you get into an area of Tertiary volcanics, which host the Avino gold-silver mine, 10 km northwest of our CLM west claims,” Macdonald says. “Further west you have Coeur Mining’s La Preciosa deposit. These are gold-rich, epithermal vein systems.”

Southern Silver acquired the 130 sq. km CLM West claims through staking in mid-2017. The company has completed over 4,500 float and surface chip samples and identified a 12 km corridor of anomalous precious metals.

Southern Silver also has its 22.4 sq. km Oro gold-copper property in New Mexico. The company conducted more than 300 line km of airborne Z-TEM surveys on the property last year and found several copper targets. It appears to host a porphyry system in Laramide-aged rocks. The company is looking to attract a joint-venture partner to continue developing the property.

“The feeling right now is that for porphyry systems you likely need a fair bit of drilling,” Macdonald says. “This may be deeper drilling.

It makes sense for us to focus on continued development of the CLM project.”

Shares of Southern Silver are trading at 26¢ with a 52-week range of 22¢ to 47¢. The company has a $28-million market capitalization. TNM

2018-04-24 6:02 PM

FAR NORTH

SPECIAL FOCUS

The view from Fireweed Zinc’s Macmillan Pass zinc-lead-silver project in the Yukon. FIREWEED ZINC

White Gold District Yukon’s best hope for gold deposits EXPLORATION

| Territory remains underexplored

BY BRIAN SYLVESTER SPECIAL TO THE NORTHERN MINER

M

ike Burke has been working as a geologist in the Yukon since 1990. He’s seen a lot of smaller discoveries, but says the territory still hosts company-defining gold deposits.

“When you look at the [Pacific] Cordillera — whether it’s Alaska, Yukon, British Columbia or down through the U.S. — it’s a real mélange of complicated, but very prospective geology … when you look at the Yukon, which is perched in the middle of that, it is definitely the most underexplored of those regions,” he says.

Burke attributes the lack of exploration mostly to the Yukon’s remote location and short summers.

“Ten years in the Yukon is five years in Ontario, when it comes to exploration,” Burke says.

Burke says middle Cretaceous intrusions extend across the Yukon, and some of those intrusive events are associated with gold. The first major, intrusive-hosted gold discovery along the Tintina fault was Fort Knox, 42 km northeast of Fairbanks, Alaska.

The prolific low-grade, bulktonnage mine entered production in 1996 and has produced more than 7 million equivalent oz. gold for Kinross Gold (TSX: K; NYSE: KGC), and it should run until at least 2020.

Burke says the Fort Knox discovery led geologists to seek more “tombstone-type” intrusive deposits, which led to Yukon’s first big gold mine — Brewery Creek, 55 km east of Dawson.

Over six up-and-down years Brewery Creek produced 280,000 oz. gold from seven shallow oxide deposits. Low gold prices forced Viceroy Resource Corp. to shutter the marginal operation in 2002.

The modest gold mine is the Yukon’s biggest to date. But that could soon change due to orogenic deposits (formed as mountains are formed) found in a geological package southwest of Brewery Creek.

Goldcorp (TSX: G; NYSE: GG) is developing the high-grade Coffee project, 130 km south of Dawson. It was acquired with its $520-million Kaminak Gold takeover in 2016.

Coffee has proven and probable reserves of 2.16 million ounces. But Goldcorp says Coffee could grow into a “district-scale” operation.

Coffee is part of a series of orogenic vein deposits known as the White Gold District, which lies south of Dawson along the 1,200 km long Tintina gold belt, made famous by the Klondike gold rush of 1896.

Some estimates put the placer gold recovered along the belt at between 13 and 20 million ounces. But no one has ever found its source.

The White Gold District formed in 2008 when Underworld Resources intersected 4.1 grams gold per tonne over 18 metres at its White Gold

1-16, 23_APRIL30_Main .indd 9

“TEN YEARS IN THE YUKON IS FIVE YEARS IN ONTARIO, WHEN IT COMES TO EXPLORATION.” MIKE BURKE GEOLOGIST

property, 95 km south of Dawson, which was optioned from local prospector Shawn Ryan. But before the junior could publish even a prefeasibility study, Kinross swooped in and bought Underworld in a share-based takeover worth $140 million.

That acquisition sparked interest that led to 50,000 claims staked in the region between 2009 and 2012.

More than 7 million oz. gold have been found in other deposits since.

Comstock Metals (TSXV: CSL) came onboard in mid-2012 when the junior intersected 3.04 grams gold per tonne over 45.5 metres in the VG zone, which is part of its flagship QV project, also optioned from Shawn Ryan.

Drilling in 2017 extended gold See YUKON / 10

A helicopter above the airstrip at Nighthawk Gold’s Indin Lake gold project in the Northwest Territories. NIGHTHAWK GOLD

Nighthawk keeps drills turning GOLD

| $11M program began in March at Indin Lake in NWT

BY RICHARD QUARISA rquarisa@northernminer.com

N

ighthawk Gold (TSX: NHK; US-OTC: MIMZF) is drilling 25,000 metres this year at its 899 sq. km Indin Lake gold property in the Northwest Territories. The $11-million exploration program began in March and will include prospecting and ground geophysical surveying in June.

“We have this big land position,”

Nighthawk president and CEO Michael Byron says in an interview with The Northern Miner, “but it’s not because we want to be Northwest Territories land barons. It’s because the Indin Lake greenstone belt is very much like the Abitibi greenstone belt.

“I see the same age of rocks, the same age of mineralization, the same style of mineralization, and the same grade and widths.

The only thing it doesn’t share is

the same amount of dollars and years spent.”

The company will split three drills between its Colomac gold project and other regional gold targets, including Leta Arm, Damoti Lake and Treasure Island.

All three drills are active at Leta Arm, 15 km southwest of Colomac.

Mineralization at Leta Arm runs 10 km long by 500 metres wide.

See NIGHTHAWK / 14

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2018-04-24 6:02 PM

10

FAR NORTH

APRIL 30–MAY 13, 2018 / THE NORTHERN MINER

A truck and drill rig at Rockhaven Resources’ Klaza gold-silver project in the Yukon.

WWW.NORTHERNMINER.COM

ROCKHAVEN RESOURCES

White Gold District Yukon’s best hope for gold deposits YUKON From 9

mineralization in the VG zone farther west. Some highlights include drill hole 17-018, which hit 45.5 metres averaging 1.42 grams gold, starting at 67.5 metres downhole; and hole 17-019, which returned 51.2 metres averaging 1.48 grams gold, starting at 98 metres downhole.

Not far away, Golden Predator Mining (TSXV: GPY) did a preliminary economic assessment on the past-producing Brewery Creek mine in 2014. The project hosts an indicated resource of 17.6 million tonnes running 1.7 grams gold for 719,000 contained ounces. Another 825,000 oz. gold are in the inferred category.

However, the Bill Sheriff-led junior is mostly focused on its 3 Aces project, an orogenic gold system that the company says has “district potential.”

More than 20,000 metres of drill-

ing has confirmed gold mineralization in quartz veins across the project, and a 776-tonne bulk sample taken in 2016 yielded 953 oz. gold.

More drilling will be done in 2018, and another bulk sample will be taken from the Spades zone. McEwen Mining (TSX: MUX; NYSE: MUX) owns 4.25% of Golden Predator.

The White Gold District was a bona fide area play until the gold price sagged in 2013, and exploration capital largely evaporated.

In 2017, Kinross agreed to sell its once celebrated White Gold property to the eponymous White Gold (TSXV: WGO) in exchange for $10 million and a 19.9% position in the junior (as well as some deferred payments if certain criteria are met).

Shawn Ryan is the company’s chief technical advisor.

Agnico Eagle Mines (TSX: AEM; NYSE: AEM) also owns a 19.9% stake in White Gold Corp., which recently published a resource esti-

Nuna Group of Companies

•

ConstruCtion AnD Mining serviCes

mate of 961,000 indicated oz. gold, with another 282,500 inferred oz. gold over both the Golden Saddle and Arc deposits on the White Gold property.

The junior is the largest landowner in the White Gold District, with 19,438 claims covering 3,900 sq. kilometres.

In addition to the Kaminak purchase, Goldcorp has 19.9% stakes in Independence Gold (TSXV: IGO) and Triumph Gold (TSXV: TIG; US-OTC: TIGCF).

Independence is having a go at its Boulevard project. So far, the company has found 25 gold-in-soil anomalies in three zones: Sunrise/ Sunset, Denali and Runway.

A total of 978 metres of diamond drilling over nine holes were done on the Sunrise/Sunset zone last year.

The best intercept returned 3.1 grams gold over 1.5 metres. The company is also exploring its Moosehorn, Wolf Creek and Stinger properties in the

White Gold District.

Triumph is investigating its 200 sq. km Freegold Mountain project.

The junior is drilling 1,900 metres on the Keirsten Zone to test a porphyry system the company hit during 2017 exploration work.

Triumph vice-president of exploration Tony Barresi says the company’s Revenue and Nucleus deposits on the Freegold Mountain project are parts of a “5 to 6 km long magmatic-hydrothermal mineralizing system” with porphyry and epithermal components. The Keirsten Zone occurs between Revenue and Nucleus.

Just south of the Freegold Mountain project lies Rockhaven Resources’ (TSXV: RK) advanced-stage, wholly owned Klaza gold-silver project in the Dawson Range gold belt.

Rockhaven has drilled more than 90,000 metres over 434 holes since 2010. Drill hole 401 on the Western BRX zone in 2017 hit 2.6 metres of

94 grams gold, 545 grams silver, 2.8% lead and 4.2% zinc.

The Western BRX Zone hosts an inferred mineral resource estimate of 1,368,000 tonnes containing 352,000 oz. gold, 5,813,000 oz. silver, 39.4 million lb. lead and 42.8 million lb. zinc at an average grade of 8.01 grams gold per tonne, 132 grams silver, 1.31% lead and 1.42% zinc.

The 2016 inferred resource estimate for both the underground and open-pit of Klaza totals 9.42 million tonnes grading 4.48 grams gold, 89.02 grams silver, 0.75% lead and 0.95% zinc for 1.358 million oz. gold, 26.96 million oz. silver, 155.41 million lb. lead and 197.89 million lb. zinc. The cut-off grade for the pit is 1.3 grams gold. The underground cut-off grade is 2.75 grams gold.

Coeur Mining (NYSE: CDE) owns a 9.9% stake in Rockhaven.

Meanwhile, Goldstrike Resources (TSXV: GSR) is exploring the Lucky Strike property, 24 km northeast of the Coffee project, in the White Gold District. In late 2017 hole 1709, which defined Lucky Strike, returned 5.36 grams gold over 22 metres. The company owns a 150 sq. km land package in the area with no underlying royalties or outstanding property payments.

Newmont Mining (NYSE: NEM) has a US$39.5-million earn-in agreement at Goldstrike’s Plateau gold project farther north.

In east-central Yukon, Barrick Gold (TSX: ABX; NYSE: ABX) has taken 19.9% in Atac Resources (TSXV: ATC), which is developing the 1,700 sq. km Carlin-style Rackla gold property.

Both companies will spend $13 million to conduct 20,000 metres of diamond drilling on Rackla midyear, including step-out drilling from 2017 results of 12.5 metres of 20.78 grams gold at the Conrad zone, and 15.2 metres of 13.52 grams gold at the Sunrise zone.

Under an April 2017 earn-in agreement, Barrick can acquire up to a 70% interest in the 780 sq. km Orion project (part of Rackla) by spending $63.3 million ($8.3 million in a flowthrough private placement in 2017, plus $55 million on exploration). TNM — Based in Toronto, Brian Sylvester is a freelance business writer specializing in mining.

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GLOBAL MINING NEWS

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11

FAR NORTH SNAPSHOT

Seven companies active in the Arctic and near-Arctic With metal prices on the rise, mineral projects and mines in the Far North are once again becoming more attractive, and companies are devoting more funds this year to work programs. Here is a quick look at seven such companies.

BAFFINLAND IRON MINES Baffinland Iron Mines operates the Mary River iron ore mine in the Qikiqtani region of northern Baffin Island in Nunavut. With headquarters in the Greater Toronto Area suburb of Oakville, Baffinland is jointly owned by ArcelorMittal and Nunavut Iron Ore. The mine property hosts nine exceptionally high-grade, highquality iron ore deposits that warrant their exploitation in such a remote location, with mining getting underway in the first deposit in 2015.

Baffinland notes that “because of the high grade of the iron ore, we simply mine, crush and screen the ore on-site, and then ship it directly to markets — no concentrating or processing needed. That means significantly less impact on the environment than typical iron ore operations.”

The mine’s final products of lumps and fines are then shipped through Baffinland’s port facility at Milne Inlet, 100 km from the mine site.

Some 3.5 million tonnes of product are shipped out per year, all during the mid-year shipping season.

COPPER NORTH MINING Copper North Mining’s (TSXV: COL; US-OTC: CPNVF) primary asset is its Carmacks copper project in the Yukon, which is permitted for construction and will produce 30 million lb. cathode copper per year.

The company notes that the project is being re-engineered as a coppergold-silver leach operation, and that a May 2014 preliminary economic assessment “indicates that the addition of gold and silver recovery provides a positive improvement in project economics.”

In a second phase of engineering work, Copper North is evaluating opportunities to improve operations and lower capital and operating costs. It resumed exploration at the site in 2014 and 2015, leading to what Copper North calls a “substantial increase in oxide and sulphide resources, with the potential to extend mine life.”

For instance, an updated resource estimate for zones 2000S, 13 and 12 showed oxide measured and indicated resources of 4.3 million tonnes grading 0.47% copper, 0.13 gram gold per tonne and 1.92 grams silver per tonne.

FORTUNE MINERALS Patience is paying off for Fortune Minerals (TSX: FT; US-OTC: FTMDF), with the once-struggling junior now riding the cobalt wave, as it advances its vertically integrated Nico cobalt-gold-bismuth-copper project. The Nico concept will see a mine and mill in the Northwest Territories that produces a bulk concentrate for shipment to a refinery, which the company plans to build in Saskatchewan.

Fortune says the products at the refinery include cobalt chemicals for high-performance, rechargeable batteries and bismuth metals and

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Copper North Mining’s Carmacks copper project in the Yukon. COPPER NORTH MINING chemicals, as well as gold.

With all its assets located in North America, Fortune says it’s a reliable source of technology minerals that are “critical to a growing world economy and otherwise subject to supply chain risks from political and/or policy uncertainty, and concentration of supply.”

Fortune also owns the Sue-Dianne copper-silver-gold deposit and other exploration projects in the Northwest Territories, and can repurchase the Arctos anthracite coal deposits in northwest B.C. that were previously bought by a B.C.

Crown corporation, after the project was opposed by local First Nations.

MAWSON RESOURCES Mawson Resources (TSX: MAW; US-OTC: MWSNF) describes itself as a “leading Nordic exploration company” focusing on its combined Rajapalot and Rompas gold projects in northern Finland. Rajapalot is a sulphidic disseminated deposit, while Rompas is a vein-hosted nugget deposit.

Mawson had 15,000 metres of drilling planned for the early 2018 drilling season, regional basal

till sampling, detailed ground geophysical surveying, geological mapping and prospecting.

In its April 10 release, Mawson reported results from nine drill holes at Rajapalot, with eight holes intersecting gold mineralization and the best hole, No. 118, cutting 5 metres grading 12.4 grams gold per tonne from 381 metres, within a broader mineralized zone of 23.1 metres at 3.4 grams gold.

SEABRIDGE GOLD Toronto-based Seabridge Gold (TSX: SEA; NYSE: SA) has full

ownership in four substantial projects: KSM in northwestern B.C., Courageous Lake in the Northwest Territories, Iskut in B.C. and Snowstorm in Nevada.

KSM hosts a resource of 2.2 billion tonnes at 0.55 gram gold per tonne, 0.21% copper, 2.6 grams silver per tonne, 10.2 billion lb. copper and 183 million oz. silver, or 38.8 million oz. gold; while Courageous Lake has a resource of 91 million tonnes at 2.2 grams gold, or 6.5 million oz. gold.

See SNAPSHOT / 14

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THE FUTURE WHAT WE DO • Shaft Sinking • Raise Boring and Raise Excavating • Mine Construction and Infrastructure • Mine Development and Rehabilitation • Mining Engineering Services and Design • Contract Mining

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Atac Resources’ Rackla gold project in the Yukon. The company hopes to grow its resources with a $13-million exploration program beginning this May. ATAC RESOURCES

Atac, Barrick prepare to launch drill program at Rackla YUKON GOLD | Barrick to drop 10,000 metres on Orion Rackla is composed of three proj- all of our zones,” Atac president and

BY RICHARD QUARISA ects and plenty of exploration upside. CEO Graham Downs says in an “THIS IS GOING TO BE ABOUT EXPANDING rquarisa@northernminer.com The wholly owned, 12 sq. km Carlin- interview with The Northern Miner. OUR RESOURCES ... ALL OF THE ZONES tac Resources (TSXV: ATC; style Osiris gold project hosts the “All of the zones we’re working on WE’RE WORKING ON REMAIN OPEN, SO US-OTC: ATADF) has out- Conrad, Osiris, Sunrise and Ibis gold remain open, so that’s a pretty big THAT’S A PRETTY BIG POSITIVE.” lined this year’s exploration zones. The Rau project, also 100% positive.” program for its 1,700 sq. km Rackla owned, most notably hosts the Tiger The exploration program will have GRAHAM DOWNS gold property in east-central Yukon, gold deposit. And the Orion gold a $13-million budget for 20,000 me- CEO, ATAC RESOURCES and according to the company, it’s project is under option to Barrick. tres of drilling. Atac will contribute the biggest since 2012. The program “This is going to be about expand- $7 million to fund exploration at will begin in May. ing our resources or expanding on Osiris and Rau, while Barrick will contribute $6 million on Orion. drilling in 2018 will be expansion one of the “very few that have been “We brought Barrick in because drilling, with the potential for Atac done with the government of the the land package is so large,” Downs to calculate a maiden resource on First Nation and the Yukon governsays. “There’s a lot of potential and Osiris. However, even if Atac re- ment” and a “very good collaborait’s just hard to fund the entire leases a resource estimate, it may tive effort.” Still, Atac will have to project.” not include all of this year’s drill- work with the other parties on a Barrick will drop 10,000 metres ing. He adds that if the gold price management plan, and Downs says into Orion this year, mainly on “continues to cooperate” and there’s he doesn’t expect construction on the Anubis fault corridor. Before an opportunity to ramp up explora- the road to finish until early 2020.

“We want to make sure that we do the option agreement, Atac drilled tion, Atac may add 5,000 to 10,000 this right and the First Nation and 3,000 metres along Anubis. Under metres later in the season. a 2017 agreement, Barrick can earn The company has received an the Yukon government wanted to up to a 70% interest on the 780 sq. agreement between the Yukon gov- do a little bit of extra work, and we km Orion project if it spends $63.3 ernment and the First Nation of support that,” Downs says. “Ideally million, inclusive of $8.3 million Na-Cho Nyak Dun stating that the we would like to have had it sooner, spent in 2017 via a flow-through 65 km private, all-season tote road but we respect the decision docuprivate placement, which leaves to Atac’s Tiger gold deposit may ment from both the governments.” aggregate exploration expenses of proceed. Atac defined a carbonThe Rau project also hosts several $55 million. ate replacement-style gold deposit other targets of interest to Atac.

“They did a lot of stratigraphic at Tiger between 2006 and 2010, The Condor target, located 1.5 km drilling last year,” Atac vice-presi- drilling nearly 27,000 metres across northwest of Tiger, returned grab dent of corporate affairs Matthew 150 holes. samples grading 17 grams gold, 9.46 Keevil says. “The big thing for BarThe project contains 5.68 million grams gold and 23.3% zinc during rick this year is that they’re going measured and indicated tonnes the company’s 2017 exploration after gold. They’re target drilling grading 2.66 grams gold per tonne program. The same program brought this year and looking for gold min- and 3.56 grams silver for 485,700 two new target areas: Spotlight and eralization.” oz. gold and 649,900 oz. silver. It Northwest.

He adds that Atac had upwards of has another 3.23 million inferred Grab samples at Northwest reseven Barrick geologists at Rackla tonnes grading 1.81 grams gold and turned 1.43 grams gold and 4.14% Engineering and Environmental Solutions last year and that “they’re the spe- 0.92 gram silver for 188,500 oz. gold zinc, while samples at Spotlight cialists in Carlin-style mineraliza- and 95,600 oz. silver. returned 7,080 grams silver and tion,” and Atac is “learning a lot Atac tabled an updated prelimi- 4.63% copper. Keevil says Atac will From geotechnical engineering, hydrogeology, and from them.” nary economic assessment for Tiger have staff at Rau this year increasing According to Downs, Atac will in 2016. According to the study, the the density of soil sampling to “set water management to environmental assessments expand mineralization at the Osiris project has a $75.7-million, after-tax up another discover opportunity” and renewable energy integration, our global team project’s Sunrise and Conrad zones. net present value and a projected on the next round of drilling. of engineers and scientists has extensive expertise Last year, the company found 13.52 28.2% after-tax internal rate of Atac shares are trading at 62¢ grams gold over 15.2 metres at Sun- return. The study estimates $109 apiece with a 52-week range of 46¢ to help you in advancing your project through all rise and 20.78 grams gold over 12.5 million in pre-production capital to 89¢. The company has an $87-milstages of mine development. metres from 55 metres downhole at expenses, with life-of-mine sus- lion market capitalization. the eastern end of the Conrad zone. taining capital costs totalling $8.3 “The Yukon government is very “We were aiming for gold min- million and an all-in sustaining cost supportive of mineral exploration eralization below,” Downs says of of US$864 per oz. gold. The 2016 and mining in the Yukon,” Downs the mineralization at Conrad. “But study extends Tiger’s mine life by says. “It’s getting harder and harder we found that. It was a pleasant two years to 6.2 years, compared to work around the world without surprise.” to the 2014 version. having countries or jurisdictions tax He adds that almost all of the Downs calls the road agreement you and take back your deposits.” TNM

A

ADDING VALUE.

DELIVERING RESULTS.

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GLOBAL MINING NEWS

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Osisko Metals on a mission of resource conversion at Pine Point BASE METALS

| 50,000 metres a strategic first step at historic NWT camp

BY DAVID PERRI

J

dperri@northernminer.com

ust three days after Osisko Metals (TSXV: OM) closed the $34-million acquisition of Pine Point Mining, it announced it had kicked off a 50,000-metre drill program at the historic Pine Point zinc-lead property, 65 km east of Hay River, Northwest Territories.

“We knew right away we wanted to convert Pine Point’s historical resources to National Instrument 43-101 compliant resources — that’s why we started so quickly,” Osisko Metals president and CEO Jeff Hussey says.

“The first phase of drilling is 50,000 metres. That’s a minimum that this camp needs because there are so many deposits — we’re looking at 40 to 46 different historical deposits.”

Osisko Metals collaborated with the previous owner to get moving as soon as possible, drilling 7,500 metres over the winter of 2018, and focusing on areas with poor summer access. Assays are pending from this part of the program.

Right now, the company is preparing to resume drilling at Pine Point, following the spring breakup. It has three drill rigs on-site and looks to add more this season.

Hussey says the 50,000 metres will consist of at least 500 shallow holes.

“That’s the beauty of Pine Point: the historical resources are between 50 and 100 metres’ depth.”

“There is lots of upside near surface, but also potentially at depth,” he says. “The favourable stratigraphy goes down further to 200 to 300 metres.” Osisko Metals will consider deeper drilling once it finishes a geophysical survey.

The company is designing a highresolution gravity gradiometry survey for the Pine Point camp, which is known to host blind deposits. It will be the first such survey at the property, and Hussey expects it will reveal gravity anomalies, which will become priority brownfield drill targets for potential massive sulphides.

“The geological model at Pine Point is Mississippi Valley Type, and it is essentially sphalerite and galena hosted in dolomite. So, there is a good differential in density between the mineralization and the host rocks, and that is why we are very anxious to start a gravity survey.

The mineralization is typically not magnetic or electromagnetic, and therefore the deposits are ‘blind’ to conventional airborne techniques.”

The company will also fly a concurrent magnetic survey to help define faults on the property, which are associated with the emplacement of deposits.

With so many historic deposits at Pine Point, Osisko Metals will start with what it calls the Cluster 1 deposits, which are several non-compliant deposits in the middle of historic

Drillers tackling the 50,000-metre program at Osisko Metals’ Pine Point zinc-lead project in the Northwest Territories. OSISKO METALS

“THE OSISKO WAY IS TO CREATE VALUE AT THE DRILL BIT, AND WE’RE JUST GETTING STARTED.” JEFF HUSSEY PRESIDENT AND CEO, OSISKO METALS

operations at Pine Point. “We want to create as much resources as we can within the shortest haul distance possible,” he says.

“The Cluster 1 area is right next to the electrical substation and near the former Pine Point mill location, so that’s the central area that we want to potentially develop. We will also test the Cluster 2 deposits, which are 10 to 15 km from the substation, which will probably become our centre of gravity, as it was in the Cominco days.”

Hussey contrasts Osisko Metals’ strategy at Pine Point with the plan outlined by the previous owner in a 2017 preliminary economic assessment, saying that “ours is a bigger vision, but it’s also a more operationally efficient vision.”

The 2017 study focused on 10 deposits with National Instrument 43-101 compliant resources, spread over a 65 km strike length. “We are focused on the central 20 km, as our first step,” he says.

Cominco mined Pine Point from 1964 to 1987, extracting 64 million tonnes of ore (grading 7% zinc and 3.1% lead). Production came from 50 open pits and two underground deposits along a 35 km trend.

The property has seen 1.3 million metres of drilling across more than 18,000 holes, averaging 70 metres’ depth.

The company is also examining

how to use the historic Cominco drill hole database to move historic resources into the inferred category.

Hussey says Pine Point will make an exceptionally clean concentrate

if it re-enters production, based on Cominco’s past operating history. Smelters can use the clean concentrate as a premium blending product to optimize and increase their throughput capacity in today’s strong zinc market.

Osisko Metals has been warmly welcomed by the government, First Nations and the local communities of Hay River and Fort Resolution, he says.

“In Hay River, a lot of people have fathers and grandfathers who worked at Pine Point and they are

very happy that we are there, because we are aggressively pursuing exploration and development.”

This year the company is drilling another 50,000 metres to convert historic resources at a similarly renowned base metals camp in Bathurst, New Brunswick. Hussey says that for a junior explorer like Osisko Metals, announcing 100,000 metres of drilling in its first year underlines the company’s approach: “The Osisko way is to create value at the drill bit, and we’re just getting started.” TNM

The Golden Culvert Project — Yukon Territory New Project… New Direction… New CEO! • Recently acquired Option on the Golden Culvert Project in the same Hyland Group geological corridor as Golden Predator’s 3 Aces Project “next door”.

• All season Nahanni Range (Cantung) Road runs through the middle of the claim group.

• 10-year Class 3 Exploration Permit in place through to 2026.

• Discovery Vein: up to 22.8 gpt gold over 1 meter within a 250m x 3km long +30ppb open ended gold-in-soil geochemical anomaly.

• Golden Culvert orogenic-type high grade gold mineralization is observed to be within multiple vertical quartz veins with lower grade gold halo disseminated outward into the wall rocks indicating bulk-style mineralization.

• Indications to date are that mineralization has vertical dip and strike length continuity.

• 2018 Field Season – trenching, drilling, and soil sampling along open strike extensions.

• Exploration results expected summer 2018.

Another Yukon orogenic gold exploration play that could compare with the successes of Golden Predator’s 3 Aces Project.

Stratabound presenting at the TakeStock Alberta Investor Forum, Calgary – May 31, 2018 For more information go to: www.stratabound.com Or contact: R. Kim Tyler, P.Geo., President, CEO • info@stratabound.com • (416) 915-4157 A sample of high-grade colloform ore from the Pine Point zinc-lead project. OSISKO METALS

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Nighthawk keeps drills turning NIGHTHAWK From 9

Outcrop samples from last year’s prospecting program graded as high as 95.4 grams gold per tonne.

Nighthawk will then move two drills to Colomac, where it will drop 16,000 metres across several zones. The main sill at Colomac is 9 km long and up to 160 metres wide. It has six mineralization zones numbered Zone 1 to Zone 3.5. The project also has the Goldcrest sill, which runs parallel to the west of Colomac, the Grizzly Bear zone to the west of Goldcrest and the 24/27 zone to the east of Colomac. So far, only Colomac and Goldcrest have been drilled by the company. The zones are open in all directions.

Nighthawk will drill at Colomac on 2 km of untested strike, 2 km south of what Byron calls underexplored strike between zones 1.5 and 2. As of a 2013 resource estimate, Colomac has 39.8 million inferred tonnes grading 1.64 grams gold for 2.1 million oz. gold.

The resource estimate is based on National Instrument 43-101 compliant historical drilling, plus Nighthawk’s 15,000-metre campaign in 2012. The company will look to table an updated resource this May that includes 25,000 metres of drilling from 2013–2016, plus 25,000 metres from its 2017 campaign.

Nighthawk will also keep testing Goldcrest and Grizzly Bear.

Goldcrest is divided into Gold-

crest North and Goldcrest South. The former hosts 678,500 inferred tonnes grading 2.23 grams gold for 48,650 oz. gold, and the latter has 434,900 inferred tonnes of 2.14 grams gold for 29,880 oz. gold. Grizzly Bear has 807,000 inferred tonnes of 1.04 grams gold for 27,000 oz. gold.

The third drill will move on to Damoti Lake and Treasure Island.

Damoti Lake is 28 km south of Colomac. Nighthawk dropped 69 holes and more than 13,500 metres into Damoti during a 2009–2010 drill campaign. Highlights include 23.5 metres from 43 metres downhole grading 13.91 grams gold and 22.5 metres from 96 metres downhole grading 5.81 grams gold. Byron says no one has ever “drilled deep” at Damoti, and he sees the potential for the surface stratigraphy to repeat itself at depth and host high-grade mineralization.

Treasure Island runs along a 6 km mineralized corridor, 11 km north of Colomac. Nighthawk will look to further explore its Seadog showing, which returned up to 27.8 grams gold in grab samples.

The company’s ground exploration will test the Nice Lake trend, 1.5 km east of Colomac, and the Swamp gold prospect, 7.5 km northwest of Colomac, among other targets.

The program will include surface geophysical surveying and induced polarization, as well as structural mapping. He says that crews are being mobilized now because this

“FOR 3,000 YEARS OUR SOCIETY HAS HAD A LOVE AFFAIR WITH GOLD. I DON’T SEE THAT ENDING.” MICHAEL BYRON PRESIDENT AND CEO, NIGHTHAWK GOLD

work is best done “when you can walk on water.”

The Indin Lake gold property is an Archean gold camp within the West Bay-Indin Lake fault zone. It hosts the past-producing Colomac gold mine, which cranked out over 500,000 oz. gold. Neptune Resources operated the Colomac gold mine from 1990–1992. In 1994 Royal Oak Mines took over as operator and ran the mine until 1997, when low gold prices and high mining costs forced Royal Oak into bankruptcy.

In 1999 Royal Oak was charged with cyanide dumping by the federal government, with an estimated $70-million cleanup cost. Remediation continued until 2012.

The Northwest Territory’s government builds a winter road each year that leads to the property. Nighthawk is fully permitted to use the road and run extensions to its various projects. The property also has a 5,000-foot airstrip.

Byron says there’s more political will now across all levels of gov-

Bill Waychison, Nighthawk Gold’s exploration manager, examines a core sample at the Colomac gold project in the Northwest Territories. NIGHTHAWK GOLD

ernment to continue developing infrastructure in the north.

“They’re really engaged to make a change in their jurisdiction,” Byron says. “And I’m right there, we’re each other’s cheerleaders in that sense.

To me that’s a very refreshing place to work.”

Nighthawk shares are trading at 66¢ within a 52-week range of 57¢ to $1.15. The company has a

$122-million market capitalization.

“For 3,000 years, our society has had a love affair with gold,” Byron says. “I don’t see that ending. As the population grows and people want to own more, well, how are we going to provide that ownership?

We’ve got to mine it, and those easy deposits aren’t around anymore.

There’s a disconnect there that we need to fill.” TNM

FAR NORTH SNAPSHOT calls a “highly prospective section of the Big Creek fault zone” that hosts three deposits: the Nucleus gold deposit, the Revenue coppergold-moly-silver deposit and the Tinta Hill polymetallic vein system, plus other gold showings.

SNAPSHOT From 11 On April 10, Seabridge announced a non-brokered private placement of 1 million flow-through shares priced at $17.16 per share (or a 27.1% premium to that day’s closing price), for gross proceeds of $17.16 million. Seabridge says the proceeds will be earmarked for a 2018 exploration program at KSM.

In March Triumph mobilized a field crew to the Freegold Mountain property to carry out a 1,900-metre diamond drill program targeting a new porphyry system in the Keirsten zone.

TMAC RESOURCES Toronto-based TMAC Resources (TSX: TMR; US-OTC: TMMFF) is producing gold at its remote, wholly owned Hope Bay gold project in northern Nunavut, with its first gold pour at the Doris mine and mill complex in February 2017, and commercial production achieved in the second quarter of 2017.

TMAC’s broader Hope Bay project encompasses the Hope Bay greenstone belt, which is 80 km long and 20 km wide. TMAC has three camps in the belt and infrastructure that includes a 1,000-tonne-per-day processing plant, air strips, roads, fuel storage, a port, power plants,

TMAC Resources’ Hope Bay gold project in Nunavut. TMAC RESOURCES administration, geology and lab buildings, and underground mine development at the Doris mine and Boston development site.

TMAC and past operators Newmont Mining, Miramar Resources and BHP Billiton have so far spent $1.5 billion

Published by:

on infrastructure for the project since 1988.

Neal recently left BMO to become TMAC’s president and CEO.

TMAC expects commercial production at the belt’s Madrid and Boston deposits in 2020 and 2022.

TRIUMPH GOLD

Longtime, high-level BMO Capital Markets investment banker Jason

Triumph Gold’s (TSXV: TIG; US-OTC: TIGCF) Freegold Mountain project is located in the Yukon’s Dawson Range, and covers what Triumph

Triumph’s vice-president of exploration Tony Barresi said in a release that “phase-one drilling of the Keirsten zone demonstrates Triumph Gold’s commitment to test and advance the exploration concept that Revenue and Nucleus are not discrete deposits, but instead they are parts of a 5 to 6 km long, magmatichydrothermal mineralizing system, with porphyry and epithermal components. The Keirsten zone is centred almost exactly between the Revenue and Nucleus deposits and represents a high-priority exploration target, as a potential core or focus of the broad mineralizing system.” TNM

MAKE SENSE OF THE MINING INDUSTRY Mining Explained is a 164-page reference manual (written in layman’s language) that includes the following chapters: Basic Geology • Ore Deposits • High-Tech Prospecting Sampling & Drilling • Mining Methods • Processing Ore • Mining & the Environment • The Mining Team • The Business of Mining • Feasibility: Does it Pay? • Metal Markets • Making Sense of the Numbers • Investing in Mining • Glossary of Mining Terms

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Call 1-888-502-3456 or email info@northernminer.com

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15

Stratabound options Golden Culvert in Yukon EXPLORATION

| Veteran geologist Tyler calls Culvert a ‘rare opportunity’

BY TRISH SAYWELL

K

tsaywell@northernminer.com

im Tyler was manager of project evaluations for North America at a mid-tier mining company in September 2016 when he first came across the Golden Culvert property in the Upper Highland Valley of southeastern Yukon, 205 km north of the town of Watson Lake.

The property had an outcrop “the size of a transport truck” that contained multiple gold-bearing quartz veins grading up to 22.8 grams per tonne gold, within a lower-grade, gold-mineralized host rock grading up to 2.2 grams gold per tonne, Tyler says. All of this occurred within a 3 km by 250-metre wide, +30-partper-billion gold soil anomaly that was open at both ends, and had never been trenched or drilled.

“I have spent over 40 years in exploration and mining as a geologist, principally in gold, and Golden Culvert is simply the best early-stage exploration project I have ever come across, bar none,” Tyler says. “It is a rare thing to walk onto a project and ‘feel’ that coming up through your feet … it is a rare thing to come across such an opportunity anywhere on the planet today.”

Golden Culvert also seemed comparable, he says, with Golden Predator Mining’s (TSXV: GPY) 3 Aces project, 20 km south, and the Plateau project owned by Goldstrike Resources (TSXV: GSR), 315 km north. “Scott Casselman, head of mineral services at the Yukon Geological Survey, introduced and recommended Golden Culvert to me while we shared a helicopter back in 2016,” Tyler says. “I have a lot of respect for all government geologists — these folks help fill the gap between the prospectors who find the projects and the companies who are looking for them.”

W hen Stratabound Minerals (TSXV: SB) approached him in September 2017 looking for a new president and CEO and a project to help turn its fortunes around, Tyler recommended the property to Stratabound’s chairman, Peggy Kent, who he had known during her years running Royal Oak Mines.

Tyler had worked for Kent (then known by her surname Witte) as a chief mine geologist at some of Royal Oak’s mines before the company fell into receivership in 1999, including at the Colomac mine in the Northwest Territories, now owned

by Nighthawk Gold (TSX: NHK), and at two mines in Timmins, the Nighthawk Lake mine, now owned

by Moneta Porcupine Mines (TSX: ME), and the Pamour mine.

“When he came to me and said, ‘Peggy, I’ve got an absolutely spectacular exploration play in the Yukon,’ I said, ‘Exploration! I haven’t done exploration in 35 years. I’ve been doing production,’” Kent says in an interview on the sidelines of the Prospectors & Developers Association of Canada convention in Toronto last March. “But he said, ‘Peggy, you’ve got to look at this,’ so I gave it a lot of thought.”

Stratabound signed an option agreement on the property on Oct. 23, 2017.

In November, the company reported assay results from its due diligence site visit. A chip sample from across the 1-metre-wide quartz vein exposed on the main showing assayed 14.55 grams gold per tonne.

Previously reported values from earlier assessment reports collected from the same vein assayed 22.8

1-16, 23_APRIL30_Main .indd 15

At Stratabound Minerals’ Golden Culvert gold project in the Yukon, from left: Mike Page, vice-president of exploration, and Kim Tyler, president and CEO. STRATABOUND MINERALS

“I HAVE SPENT OVER 40 YEARS IN EXPLORATION AND MINING ... AND GOLDEN CULVERT IS SIMPLY THE BEST EARLY-STAGE EXPLORATION PROJECT I HAVE EVER COME ACROSS, BAR NONE.” KIM TYLER PRESIDENT AND CEO, STRATABOUND MINERALS

grams gold, 17.3 grams gold and 8.28 grams gold.

A 0.5-metre chip sample in the altered hanging-wall rock of the same vein assayed 2.27 grams gold per tonne. The alteration of the wall rock was variable but pervasive across the 30-metre-wide outcrop exposure, Stratabound announced, and other samples of the host rock resulted in assays of 0.28 gram gold and 1.08 grams gold. In addition, a 0.4-metrewide vein exposed 10 metres along strike and 10 metres parallel to the main vein assayed 14.24 grams gold.

Tyler noted that assay results were consistently above 8 grams gold on the main quartz vein. The most exciting findings, he said, are that gold values exist in the 30-metrewide, hanging-wall rock zones, and the prospect could see bulk mining, including open-pit extraction.

Tyler says that Golden Culvert, Golden Predator’s 3 Aces project, Goldstrike’s Plateau project and a fourth project called Hyland (owned

by Banyan Gold [TSXV: BYN], 74 km from the town of Watson Lake) represent a new gold district along the eastern Yukon called the Selwyn Basin-Hyland Fold Thrust Belt.

“A new Yukon gold rush has been evolving ever since the Golden Saddle discovery led to the Coffee, White Gold and all the other ‘new’ Yukon discoveries of lode gold deposits that in hindsight had to have been there all along, feeding the approximate 20 million oz. placer gold mined since the first Yukon gold rush,” Tyler says. “The geological models are not really new — they occur in Alaska, B.C. and even Australia — it’s just that they have only recently been recognized to exist in the Yukon.

This means opportunity.”

In addition to the original Culvert main vein showing, Stratabound uncovered a 2- to 3-metre-wide, copper-mineralized quartz vein, 1.4 km south along strike of the main showing, during its visit to the property in October. Stratabound found the vein — named Green Dragon — during prospecting along the southern open soils anomaly

extension during its due diligence site visit. Chip samples taken from the exposed vein did not return significant gold assay results, but provided anomalous values of 1.8 grams per tonne silver and 732 parts per million copper. A piece of float 10 metres uphill of the outcropping vein assayed 1.3 grams per tonne silver and 407 parts per million lead.

The Central Culvert group of claims has a 10-year, Class III landuse approval from Yukon Energy, Mines and Resources, which is valid until Nov. 16, 2026, and allows for a camp, access roads, trenching, diamond drilling and bulk sampling.

The all-season Nahanni Range Road crosses through the middle of the claim group, and Stratabound notes that $360 million in combined federal and territorial funding was promised in September 2017 to improve road access, including the Nahanni Range Road that crosses

through both the Golden Culvert and 3 Aces project. The funds earmarked for the infrastructure program will upgrade road surfaces and build or replace numerous bridges, culverts and stream crossings, according to a February 2018 technical report on the project.

Placer gold was first found on the Golden Culvert property by Robert Scott in 1984 under the Nahanni Range Road. Stream-sediment sampling and subsequent prospecting led to the discovery of the Golden Culvert main showing in 2008.

“The region has a long history of exploration, beginning with the discovery of the Cantung mine in 1954, and the initiation of production in 1962,” the technical report states, noting that the Cantung mine is just east of the project in the Northwest Territories.

“The Golden Culvert and Little Hyland project area (3 km south of the Golden Culvert main showing on Stratabound’s claims), however, does not have a considerable documented history of exploration,” the technical report says. “It is rare to find a large project in the Yukon that is located so close to a road, has returned significant gold values on surface and has never been drilled.”

“When Kim brought this to me I was able to check off every box: 2 km

off the main road, never explored before, huge outcrop of gold veins with gold in the wall rock, half a million dollars brought up enough geochem samples to show that it’s big … the structure is large. I just said to myself, ‘Wow, I’ve checked off all these boxes,’” Kent says. “I don’t need to convince somebody that the Yukon government is going to put the road in … all I have to do is go out there and take a drill. And two good holes are worth $15 million of market cap. Twenty million of market cap. And when management and our significant shareholders own 65% of the outstanding stock … it’s huge leverage for my people.”

Kent says the plan is to do two or three seasons of work funded by private placements.

“We’ve funded the company to date through kind of friends and family, and then through investors that invest in junior plays, usually through individual brokers, and, you know, we’re trying to stay away from any of the bigger corporate finance side, trying to stay away at this point from brokered deals, versus the old-fashioned, non-brokered deals,” she says. “But by next year we’ll end up having to do a bigger, brokered deal for $8 million or $10 million or $20 million, in order to put the serious money in.”

Kent recalls “traipsing through the Yukon” 20 and 30 years ago with her former business partner Ross Burns, “saying there had to be a lode source for all this placer gold, and there were many, many people and many, many majors who believed in that.

“It’s just that how could you convince a major to carve out millions of dollars out of their exploration budgets to go and look for lode gold in the Yukon? And now it’s starting to be found.”

Kent says she’s hot on the trail now with Stratabound and has invested $250,000 of her own money into the company to keep it going. (She doesn’t take a salary.)

“It’s beautiful, one of the most beautiful situations I’ve seen, because it sits close to the Nahanni Range Road, there’s infrastructure, the old Cantung mine is 20 km away,” she says. “We’ve got beautiful surface showings. We’ve got 3 km of significant gold geochem on the surface. It’s almost like a Hemlo.” TNM

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2018-04-24 6:02 PM

16

WWW.NORTHERNMINER.COM

APRIL 30–MAY 13, 2018 / THE NORTHERN MINER

Drillers at Tinka Resources’ Ayawilca project in Peru, which contains a 10.5-million-tonne resource grading 0.7% equivalent tin. TINKA RESOURCES

Is tin the top technology metal?

TIN From 6

22,800 tonnes tin. The inferred resource contains a 0.16% copper grade; zinc, 0.09%; lead, 0.013%; and silver, 1.4 grams. The resource estimate used a cut-off grade of 0.5% tin.

Proven and probable reserves total 4.67 million tonnes grading 3.58% tin for 167,300 contained tonnes tin.

The main vein zone, which accounts for 97% of the resource es-

timate, is an average 9 metres thick, although it is narrower (less than 1 metre) at the margins and up to 22 metres thick in the central areas.

The zones that occur several metres above and below the main zone are narrower than the main vein zone and cover areas between 100 metres and 220 metres in the dip and strike directions, according to the March 2017 technical report.

The mine will produce a concentrate grading 61% tin, and the

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company says plant commissioning should start in this year’s fourth quarter, with production ramp-up in the first quarter of next year. It hopes to reach nameplate capacity in the second half of 2019.

Capex is in the range of US$172 million.

Last November, Alphamin secured a US$80-million credit facility from a syndicate of lenders made up of Sprott Private Resource Lending, Barak Fund and Tremont Master Holdings. The proceeds will help build the mine.

This January, Alphamin raised $56 million issuing 175 million units at 32¢ per unit.

Alphamin owns 80.75% of the Bisie project. The Industrial Development Corp. of South Africa owns 14.25% and the DRC government has a non-dilutive 5% share.

Private equity firm Denham Capital owns 44% of Alphamin.

Tin-bearing gossan was found on the Bisie ridge in 2002 and soon became the focus of large-scale artisanal mining. The deposit is a cassiterite-bearing, stockwork vein system possibly distal to underlying source granite.

Highlights from drill holes at Mpama North feature 18 metres grading 1.70% tin, including 7.6 metres of 3.32% tin, 10.8 metres of 2.59% tin and 17 metres of 2.27% tin, including 2.9 metres of 9.12% tin.

Intercepts from Mpama South

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May 6-9 CIM-AGM Vancouver Vancouver Convention Centre, Vancouver, BC Tel: (514) 939-2710 Email: cim@cim.org Website: https://convention.cim.org/2018 Jun 6-7 Canadian Mining Expo McIntyre Community Centre, Timmins, ON Toll-free: 1 (866) 754-9334 Tel: (705) 264-2251 Email: a.guindon@canadiantradex.com Website: https://canadianminingexpo.com/ contact-us

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feature 32.2 metres grading 0.76% tin, including 22.1 metres of 1.02% tin, 32.8 metres of 2.46% tin from 192.2 metres and 1.7 metres grading 6.57% tin.

Alphamin says its tin concentrate will be conflict-free.

The company’s shares are trading at 30¢ and within the last year have varied in price from 25¢ to 43.5¢ per share. Alphamin has 647 million common shares outstanding for just over a $194-million market capitalization.

Another tin company, Strongbow Exploration, looks like a “decent tin play,” Bruggeman says.

The company owns South Crofty, a fully permitted tin mine in Cornwall, England.

A resource estimate in 2016 outlined an indicated resource of 1.66 million tonnes grading 1.81% tin for 30,000 contained tonnes tin.

Inferred resources tally 740,000 tonnes averaging 1.91% tin for 14,100 contained tonnes tin.

With a base-case assumption of US$10 per lb. tin and a 5% discount rate, a 2017 preliminary economic assessment estimated that preproduction capex would run to US$118.7 million (with payback in just under four years), and that the project would have a 23.4% internal rate of return and US$130.5-million after-tax net present value, at a 5% discount rate.

“Those economics are not terribly compelling, but they could be, if tin goes on a tear,” Bruggeman says, adding that Strongbow “appears to have solid management and backing from the Osisko group.”

Osisko Gold Royalties (TSX: OR) is Strongbow’s largest shareholder, with 31% of the junior’s issued and outstanding shares.

Company directors include Grenville Thomas, chairman of the board; John Burzynski, CEO of Osisko Mining (TSX: OSK); and Patrick Anderson, president and CEO of Dalradian Resources (TSX: DNA; LON: DALR) and cofounder and former CEO of Aurelian Resources.

Strongbow acquired South Crofty

in July 2016. The project is fully permitted and has an underground mining licence until 2071. In addition, it has planning permission to build a new process plant and a permit from the Environment Agency to dewater the mine. The company says it is “now focused on the construction of a watertreatment plant, so the now-flooded mine can be dewatered.”

The company “plans to bring the project to a project decision and complete a feasibility study in parallel with the mine dewatering process,” it says.

The underground permission area stretches across 14.9 sq. km and includes 26 former producing mines. Infrastructure includes four usable vertical shafts and a 300-metre decline.

The preliminary economic assessment outlined an eight-year mine life, average life-of-mine cash costs of $3.36 per equivalent lb. tin and average life-of-mine sustaining costs of $4.44 per equivalent lb. tin.

“Strongbow was kind enough to provide a summary of tin projects in its corporate presentation,” blogger Bruggeman adds. “The comparison suggests that their resource is quite small, but their presentation suggests growth potential of 17 to 21 million tonnes. So a cursory glance suggests that Strongbow is an interesting tin company in a good jurisdiction … not the DRC!” But Bruggeman is most excited about the prospects of Tinka Resources, one of his clients and major holdings, which has a “significant” tin resource at its Ayawilca project.

The company owns 100% of Ayawilca, a 150 sq. km project 40 km northwest of Cerro de Pasco in the silver-lead-zinc belt of central Peru.

Ayawilca has two mineralization types: tin-copper mineralization (the tin zone) and zinc-indiumsilver-lead mineralization (the zinc zone).

Tin mineralization was found in the project’s central east and north areas after re-assaying 2012–2013 drill holes, the company says. TNM

2018-04-24 6:03 PM

GLOBAL MINING NEWS

THE NORTHERN MINER / APRIL 30–MAY 13, 2018

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2018-04-24 9:53 AM

18

WWW.NORTHERNMINER.COM

APRIL 30–MAY 13, 2018 / THE NORTHERN MINER

M A R K E T N EWS TORONTO STOCK EXCHANGE / APRIL 16–20 Canada’s benchmark index gained 1.38% to 15,484.32. The S&P/TSX Global Mining Index rose 2.49% to 61.77 and the S&P/ TSX Global Gold Index increased 0.80% to 191.79, while spot gold fell US$11.90 per oz., or 0.89%, to US$1,333.50 per oz. gold.

News that Labrador Iron Ore Royalty (LIORC) had adopted a shareholder rights plan drove the company’s shares up $1.50 to $22.72, in the week’s second-largest gain.

The company said the rights plan “is not intended to prevent takeover bids,” and noted the measure was “not adopted in response to or in contemplation of any known takeover bid, or other similar transaction.” On the same day, the company announced that Iron Ore Co. Canada’s (IOC) latest offer to striking workers had been rejected, and reiterated that the strike could adversely affect LIORC’s income because it is “entirely dependent on the sale of iron ore products

by IOC.” Most of the unionized employees at Iron Ore Co. Canada’s railway and port operations in Sept Îles, Que., are unhappy about monetary issues and what United Steelworkers calls “basic workers’ rights,” including seniority rights. Rio Tinto owns a 59% stake in IOC. A second tranche of assay results from nine holes drilled over the winter on UEX’s West Bear cobalt-nickel prospect in northern Sas-

katchewan’s Athabasca basin lifted its shares 15.5% to 34¢. Assays featured: 1.78% cobalt and 1.06% nickel over 22.5 metres from 73.5 metres downhole, including 4.90% cobalt and 2.08% nickel over 8 metres; and 1.26% cobalt and 0.59% nickel over 9.5 metres from 57.5 metres downhole, including a subinterval of 3.78% cobalt and 1.47% nickel over 3 metres.

Shares of Brio Gold and Leagold Mining were down 7¢ and 12¢, finishing at $2.55 and $2.70 per share, respectively. On April 17, Brio Gold announced that the Ontario Superior Court of Justice approved the previously announced plan of arrangement with Leagold, under which Leagold will acquire all of Brio Gold’s issued and outstanding shares. On closing, Brio Gold shareholders will receive 0.922 of a Leagold common TSX MOST ACTIVE ISSUES

Champion Iron Suncor Energy B2Gold Lundin Mng Trevali Mng Barrick Gold First Quantum Kinross Gold Yamana Gold HudBay Mnls

VOLUME WEEK (000s) HIGH LOW CLOSE CHANGE

CIA SU BTO LUN TV ABX FM K YRI HBM

22409 1.14 1.05 1.09 - 0.03 14070 49.00 47.06 48.80 + 1.08 13430 3.78 3.54 3.61 + 0.01 11206 8.57 7.91 8.49 + 0.47 10858 1.26 1.17 1.24 + 0.03 10742 16.91 16.26 16.76 + 0.17 10313 19.07 16.60 18.84 + 1.77 8936 5.04 4.79 4.93 + 0.10 8605 3.86 3.64 3.77 + 0.10 8492 9.72 8.58 9.39 + 0.32

share and 0.4 of a Leagold share-purchase warrant for each share they own of Brio Gold. Each full share-purchase warrant is exercisable to acquire one common share of Leagold at $3.70 per share for two years.

The arrangement should close before July.

Brio Gold expects to produce 205,000 to 235,000 oz. gold this year and 400,000 oz. gold (at full run-rate) in 2019.

Titan Mining was down 6¢ to $1.24 per

share. The company has closed a US$15million, senior-secured credit facility with the Bank of Nova Scotia. Under the agreement, US$5 million is available on closing, and the rest will become available based on certain production milestones. Titan says it is fully financed to commercial zinc production at Empire State Mine’s No. 4 mine in the state of New York. The mine is expected to produce

by June. TNM

TSX GREATEST PERCENTAGE CHANGE

Prophecy Coal First Mg Fin Nexgen Energy Royal Nickel Serabi Gold Century Global UEX Corp Tanzania Rlty Eastmain Res Verde Potash TriMetals Mng Orosur Mng St Augustine SouthGobi Res Avalon Adv Mat Xtra-Gold Res Pine Cliff En Forsys Metals Balmoral Res Canarc Res

PCY FF NXE RNX SBI CNT UEX TNX ER NPK TMI OMI SAU SGQ AVL XTG PNE FSY BAR CCM

59 5914 4435 4713 145 10 5166 376 951 134 305 544 625 5 774 191 2292 733 2564 276

3.44 0.54 2.75 0.25 0.07 0.23 0.35 0.74 0.29 0.80 0.18 0.11 0.03 0.17 0.14 0.27 0.33 0.12 0.26 0.08

2.50 0.48 2.33 0.20 0.06 0.19 0.29 0.62 0.24 0.71 0.15 0.09 0.02 0.15 0.12 0.24 0.30 0.10 0.23 0.07

3.31 0.54 2.74 0.24 0.07 0.22 0.34 0.69 0.28 0.79 0.15 0.10 0.03 0.15 0.12 0.25 0.30 0.11 0.24 0.07

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

TSX GREATEST VALUE CHANGE

VOLUME WEEK (000s) HIGH LOW CLOSE CHANGE

First Quantum Labrador Iron Franco-Nevada Pan Am Silver Caledonia Mng Suncor Energy Cameco Corp MAG Silver Nexa Resources Teck Res Endeavour Mng Agnico Eagle Alamos Gold Kirkland Lake Leagold Mg Ero Copper Sandstorm Gold Centamin Brio Gold Titan Mining

32.4 22.7 18.6 17.1 16.7 15.8 15.5 15.0 14.6 14.5 21.1 17.4 16.7 12.1 11.1 10.9 10.6 8.7 7.7 7.1

VOLUME WEEK (000s) CLOSE CHANGE

FM LIF FNV PAAS CAL SU CCO MAG NEXA TECK.A EDV AEM AGI KL LMC ERO SSL CEE BRIO TI

10313 18.84 1755 22.72 2338 90.77 1151 22.08 54 12.00 14070 48.80 7152 13.48 1636 14.75 3 22.40 9 34.10 1315 21.62 3124 56.28 3135 7.00 2539 21.29 511 2.70 884 8.05 1092 5.91 12 2.70 56 2.55 281 1.24

+ 1.77 + 1.50 + 1.27 + 1.12 + 1.09 + 1.08 + 0.97 + 0.95 + 0.90 + 0.85 - 0.51 - 0.25 - 0.20 - 0.17 - 0.12 - 0.09 - 0.09 - 0.07 - 0.07 - 0.06

TSX VENTURE EXCHANGE / APRIL 16–20 The S&P/TSX Venture Composite Index climbed 1.13% to end the trading week at 804.96.

Shares of Evrim Resources jumped 55¢, or 59.8%, to $1.47, on new exploration results at Cuale, its gold project in Mexico, 185 km west of Guadalajara in the Cordillera Madre del Sur. The junior reported that results from two cross trenches showed significant widths and consistent mineralization with the La Gloria prospect, as well as high grades over shorter intervals. It also noted that a second line of induced-polarization (IP) geophysics showed a similar character to the first line and defined more drill targets. Highlights from Trench 4 included 13.61 grams gold per tonne over 106.2 metres from 29.4 metres along the trench, with 50 metres of 26.13 grams gold from 85.6 metres along the trench and 7.5 metres of 163.3 grams gold from 100.6 metres along the trench. In Trench 2, highlights comprised 2.94 grams gold over 29.4 metres from 2 metres a long the (entire length of the) trench, including 17.9 metres grading 4.55 grams gold from 11.5 metres along the trench. The second IP line, 500 metres north of the first line, defined a 1,200-metre-long by

50- to 120-metre-deep, highly resistive ledge associated with strong silification and minor anomalous gold at surface, and a deeper feeder target.

Canadian Platinum advanced 66.7% to 3¢ after the company reported that it had staked 30 more mineral lode claims on the Whiskey Flat copper-zinc-cobalt project in Nevada, and that the claims have been recorded with the Bureau of Land Management (BLM). The new staking surrounds the mineral claims that host the former producing Quailey mine. Canadian Platinum’s exploration focus at Whiskey Flat will be to delineate replacement-type, copper-zinc-cobalt mineralization found underground in the Quailey mine located TSX-V MOST ACTIVE ISSUES

VOLUME WEEK (000s) HIGH LOW CLOSE CHANGE

Cdn Platinum CPC 38930 Vatic Vent VCV 14185 Nrthn Superior SUP 11076 Spearmint Res SRJ 8609 Leeta Gold HIVE 8050 Gratomic GRAT 6296 Evrim Res EVM 5850 Harvest Gold HVG 4563 GoviEx Uranium GXU 4308 Red Pine Expl RPX 4073

0.04 0.08 0.05 0.08 1.65 0.17 1.55 0.07 0.25 0.08

0.02 0.06 0.04 0.07 1.32 0.12 1.20 0.04 0.21 0.07

0.03 + 0.01 0.08 + 0.02 0.05 + 0.01 0.07 - 0.01 1.55 + 0.15 0.16 + 0.02 1.47 + 0.55 0.06 + 0.02 0.21 - 0.02 0.08 + 0.01

on the property. The company can earn a 50% stake in the project and plans to explore the property in May. Maya Gold & Silver’s shares fell 24¢ to $2.57. Maya completed an oversubscribed, non-brokered private placement of $28.4 million, issuing 8.61 million common shares at $3.30 per share — a 32% premium to its closing price on April

10. (No warrants were issued.) The net proceeds will help develop and expand its Zgounder silver mine in Morocco.

The company plans to build its second mine at Zgounder, which will involve new infrastructure, including an open pit and building a processing plant that could boost production capacity to 2,000 tonnes per day by 2021. TNM

TSX-V GREATEST PERCENTAGE CHANGE

BC Moly Buffalo Coal Goldex Res Quadro Res Cdn Platinum Gold Finder Ex Evrim Res Parlane Res Westkam Gold Barker Mnrls Minsud Res Guerrero Vents True North Gem Altitude Res Chantrell Vent Opawica Expl Adex Mining Ross River Caracara Silvr Cicada Vents

BM.H BUF GDX QRO CPC VENZ EVM IMIN WKG BML MSR GV TGX ALI CV.H OPW ADE RRM.H CSV.H CID

38 450 520 242 38930 1902 5850 56 1384 301 125 309 3721 65 45 786 95 501 241 442

0.16 0.03 1.87 0.06 0.04 0.58 1.55 0.29 0.03 0.02 0.10 0.02 0.01 0.09 0.05 0.11 0.02 0.02 0.02 0.02

0.00 0.01 0.85 0.05 0.02 0.33 1.20 0.18 0.02 0.01 0.08 0.01 0.01 0.06 0.05 0.07 0.01 0.01 0.01 0.01

0.16 0.03 1.87 0.06 0.03 0.58 1.47 0.29 0.03 0.02 0.10 0.01 0.01 0.06 0.05 0.07 0.01 0.01 0.01 0.01

TSX-V GREATEST VALUE CHANGE

VOLUME WEEK (000s) HIGH LOW CLOSE CHANGE

+ 158.3 + 150.0 + 112.5 + 71.4 + 66.7 + 63.4 + 59.8 + 58.3 + 50.0 + 50.0 - 54.8 - 50.0 - 50.0 - 38.9 - 37.5 - 33.3 - 33.3 - 33.3 - 33.3 - 33.3

VOLUME WEEK (000s) CLOSE CHANGE

Goldex Res Evrim Res Cobalt 27 Cap Novo Res Gold Finder Ex Hut 8 Mining Garibaldi Res NV Gold Metallis Res Troilus Gold Kitrinor Mtls Maya Gold &Sil Itafos Bear Creek Mng Lithium Energy Standard Lith Corsa Coal Chesapeake Gld Zenyatta Vent Abitibi Royalt

GDX EVM KBLT NVO VENZ HUT GGI NVX MTS TLG SCYB MYA IFOS BCM LEP SLL CSO CKG ZEN RZZ

520 1.87 5850 1.47 233 12.34 1123 4.91 1902 0.58 227 3.84 2194 2.95 1157 0.64 451 1.36 65 1.60 628 4.96 179 2.57 12 2.60 258 2.30 10 0.63 472 1.58 226 1.55 34 2.60 451 0.42 20 10.06

+ 0.99 + 0.55 + 0.44 + 0.36 + 0.23 + 0.21 + 0.20 + 0.17 + 0.17 + 0.15 - 0.38 - 0.24 - 0.20 - 0.19 - 0.18 - 0.17 - 0.16 - 0.14 - 0.14 - 0.14

U.S. MARKETS / APRIL 16–20 The Dow Jones Industrial Average climbed 0.42% to 24,462.94 and the S&P 500 Index rose 0.52% to 2,670.14.

Alcoa posted the largest gain, surging $5.05 per share to $60.01. The company reported net income of US$150 million, or US80¢ per share, in the first quarter of 2018. By contrast, the company posted a net loss of US$196 million, or US$1.06 per share, in the fourth quarter of 2017. Alcoa ended the quarter on March 31 with a cash balance of US$1.2 billion, which is down US$162 million sequentially, but up US$392 million year-on-year.

T he compa ny — a g loba l leader i n bauxite, alumina and aluminum products — is also benefitting from a recent 10% import tariff on aluminum imposed by the U.S. government on many countries, including China and Russia, and more recently, from U.S. government sanctions against seven Russian oligarchs. One of them, Oleg Deripaska, has a controlling interest in aluminum giant Rusal and its parent company En+ Group.

Aluminum prices jumped to US$2,500 per tonne during the trading week, up

18_APR30_MarketNews.indd 18

20%, in the biggest five-day gain in three decades.

AngloGold Ashanti shares fell US20¢ to US$9.16. The gold miner announced that CEO Srinivasan Venkatakrishnan is stepping down after five years at the helm and a total of 18 years with the company.

He is leaving AngloGold at the end of August to become CEO of Vedanta Resources PLC. Venkatakrishnan became CEO in May 2013, after which the gold price fell by nearly a third. Under his leadership, the company lowered all-in sustaining costs 16%, cut overhead expenses by two-thirds U.S. MOST ACTIVE ISSUES

VOLUME WEEK (000s) HIGH LOW CLOSE CHANGE

Vale* VALE 99512 14.18 12.88 14.00 + 0.88 Cleveland-Clif* CLF 78552 8.03 6.78 7.72 + 0.76 Frport McMoR* FCX 77221 19.70 17.83 19.36 + 1.49 Eldorado Gold* EGO 72362 1.01 0.94 0.98 + 0.04 United States S* X 51584 38.35 34.98 36.65 + 1.14 Barrick Gold* ABX 50321 13.38 12.93 13.17 + 0.02 Kinross Gold* KGC 44988 4.00 3.78 3.87 + 0.05 Yamana Gold* AUY 40435 3.08 2.89 2.96 + 0.05 Alcoa* AA 39737 62.35 54.41 60.01 + 5.05 Chevron Corp* CVX 34468 125.00 119.77 122.31 + 2.39

and trimmed debt by one-third. AngloGold also met or exceeded its market guidance for five years in a row.

Iron ore producer Vale was the most heavily traded stock and rose US88¢ to US$14 per share. The company reported

that its total iron ore output fell 4.9% yearon-year to 81.95 million tonnes during the first quarter of 2018, mainly due to heavy rains. The company reaffirmed its earlier 2018 production guidance of 390 million tonnes. TNM

U.S. GREATEST PERCENTAGE CHANGE

Mechel* MTL Cleveland-Clif* CLF Alcoa* AA Endeavr Silver* EXK Freeport McMoR* FCX CONSOL Energy* CEIX Vale* VALE Cameco Corp* CCJ NACCO Ind* NC Tahoe Res* TAHO DRDGOLD* DRD Harmony Gold* HMY Alamos Gold* AGI AngloGold Ash* AU Kirkland Lake* KL Agnico Eagle* AEM Osisko Gold* OR Seabridge Gld* SA IAMGOLD* IAG CONSOL Energy* CNX

VOLUME WEEK (000s) HIGH LOW CLOSE CHANGE

651 3.97 3.42 3.91 + 11.7 78552 8.03 6.78 7.72 + 10.9 39737 62.35 54.41 60.01 + 9.2 11127 3.24 2.78 3.06 + 8.9 77221 19.70 17.83 19.36 + 8.3 3199 36.17 29.16 33.91 + 7.6 99512 14.18 12.88 14.00 + 6.7 17802 10.67 9.80 10.57 + 6.3 94 39.90 36.55 39.65 + 6.2 10319 5.60 5.07 5.40 + 6.1 503 2.70 2.45 2.47 - 7.5 22346 2.11 1.94 1.97 - 5.7 7139 5.79 5.46 5.51 - 3.7 16232 9.45 8.89 9.16 - 2.1 3027 17.74 16.47 16.72 - 1.9 7011 46.02 43.72 44.16 - 1.6 2123 10.30 9.69 9.89 - 1.5 1869 10.90 10.25 10.60 - 0.9 18181 5.73 5.42 5.54 - 0.7 12561 16.52 15.49 15.64 - 0.6

U.S. GREATEST VALUE CHANGE

Alcoa* AA Arch Coal* ARCH Chevron Corp* CVX CONSOL Energy* CEIX Rio Tinto* RIO NACCO Ind* NC Natural Res Pt* NRP Peabody Enrgy* BTU Freeport McMoR* FCX Southern Copp* SCCO Agnico Eagle* AEM Kirkland Lake* KL Newmont Mng* NEM Alamos Gold* AGI DRDGOLD* DRD AngloGold Ash* AU Osisko Gold* OR Harmony Gold* HMY Seabridge Gld* SA CONSOL Energy* CNX

VOLUME WEEK (000s) CLOSE CHANGE

39737 60.01 1376 100.29 34468 122.31 3199 33.91 17359 56.60 94 39.65 274 36.30 6215 38.54 77221 19.36 4466 56.16 7011 44.16 3027 16.72 24514 41.35 7139 5.51 503 2.47 16232 9.16 2123 9.89 22346 1.97 1869 10.60 12561 15.64

+ 5.05 + 3.07 + 2.39 + 2.39 + 2.34 + 2.30 + 2.00 + 1.79 + 1.49 + 1.26 - 0.70 - 0.32 - 0.25 - 0.21 - 0.20 - 0.20 - 0.15 - 0.12 - 0.10 - 0.10

2018-04-24 5:29 PM

GLOBAL MINING NEWS · SINCE 1915

THE NORTHERN MINER / APRIL 30–MAY 13, 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, April 24, 2018 Precious Metals Gold Silver Platinum Palladium Base Metals Nickel Copper Lead Zinc

Price (US$/oz.)

Change 1328.00 -16.40 $16.94 +0.34 $922.00 -8.00 $1027.00 +39.00 Price (US$/tonne) Change $14310.00 +50.00 $7027.00 +84.50 $2343.00 +23.50 $3249.00 +19.50

LME WAREHOUSE LEVELS Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, April 20, 2018 (change from April 13, 2018 in brackets): Aluminium Alloy 11920 (0) Aluminium 1395550 (+50375) Copper 353375 (-3650) Lead 131000 (+1800) Nickel 312894 (-60) Tin 2130 (+150) Zinc 189000 (-5675)

Thermal Coal CAPP: US$40.00 per short ton Coal: Central Appalachia, 12,500 Btu, 1.2 S02-R,W: N.A. Coal: Powder River Basin, 8,800 Btu, 0.8 S02-R, W: N.A. Cobalt: US$41.50/lb.

Copper: US$3.14/lb.

Copper: CME Group Futures May 2018: US$3.15/lb.; June 2018: US$3.16/lb Ferro-Chrome: US$2.80/kg Ferro Titanium: US$4.90/kg FerroTungsten: US$31.40/kg Ferrovanadium: US$35.20/kg Iridium: NY Dealer Mid-mkt US$1070.00/tr oz.

Iron Ore 62% Fe CFR China-S: US$120.6/tonne Iron Ore Fines: US$71.00/tonne Iron Ore Pellets: US$108.60/tonne Lead: US$1.07/lb.

Magnesium: US$2.25/kg Manganese: US$2.04/kg Molybdenum Oxide: US$11.79/lb.

Phosphate Rock: US$86.00/tonne Potash: US$226.00/tonne Rhodium: Mid-mkt US$2,110.00 tr. oz.

Ruthenium: Mid-mkt US$235.00/tr. oz.

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

Tantalite Ore : US$158.90/kg Tin: US$9.91/lb.

Uranium: U3O8, Trade Tech spot price: US$20.50; The UX Consulting Company spot price: US$20.50/lb.

Zinc: US$1.46/lb.

Prices current Apr. 24, 2018

NORTH AMERICAN STOCK EXCHANGE INDICES

52-week

Index Apr 20 Apr 19 Apr 18 Apr 17 Apr 16 High Low S&P/TSX Composite 15484.32 15454.42 15529.97 15353.30 15300.38 15527.30 12400.15 S&P/TSXV Composite 804.96 802.10 802.60 797.55 801.96 1050.26 883.52 S&P/TSX 60 911.68 909.47 914.67 904.19 901.87 896.74 709.99 S&P/TSX Global Gold 191.79 192.01 191.32 189.59 189.36 218.90 149.29 DJ Precious Metals 170.17 170.17 169.87 168.72 168.22 420.72 130.95

TSX SHORT POSITIONS

TSX VENTURE SHORT POSITIONS

Short positions outstanding as of Apr 16, 2018 (with changes from Apr 02, 2018) Largest short positions Eldorado Gold ELD 20580397 539978 4/2/2018 Ivanhoe Mines IVN 16520465 634875 4/2/2018 Sandstorm Gold SSL 15542484 -195323 4/2/2018 Suncor Energy SU 10377927 1915487 4/2/2018 Turquoise HIl TRQ 9487873 -2478442 4/2/2018 First Majestic FR 8902366 -70777 4/2/2018 McEwen Mng MUX 8123408 57538 4/2/2018 Nevsun Res NSU 7464206 -122811 4/2/2018 OceanaGold OGC 7078479 -1377698 4/2/2018 First Quantum FM 6570601 -532871 4/2/2018 Alacer Gold ASR 6462662 90521 4/2/2018 Goldcorp G 6266198 857665 4/2/2018 New Gold NGD 6220176 402561 4/2/2018 Osisko Gold OR 5999468 174406 4/2/2018 Yamana Gold YRI 5956013 -572098 4/2/2018 Largest increase in short position Suncor Energy SU 10377927 1915487 4/2/2018 Barrick Gold ABX 5517871 1333733 4/2/2018 Kerr Mines KER 1193424 1185124 4/2/2018 Kinross Gold K 4877938 1009305 4/2/2018 Goldcorp G 6266198 857665 4/2/2018 Largest decrease in short position Taseko Mines TKO 124417 -3269463 4/2/2018 Turquoise HIl TRQ 9487873 -2478442 4/2/2018 OceanaGold OGC 7078479 -1377698 4/2/2018 Centamin CEE 500 -1107400 4/2/2018 Asanko Gold AKG 2486695 -876524 4/2/2018

Short positions outstanding as of Apr 16, 2018 (with changes from Apr 02, 2018) Largest short positions Leeta Gold HIVE 12557008 -70646 4/2/2018 SilverCrest Mt SIL 2340553 8253 4/2/2018 First Cobalt FCC 1834600 457391 4/2/2018 Atlantic Gold AGB 1589987 6582 4/2/2018 Revelo Res RVL 1234000 1234000 4/2/2018 Saville Res SRE 678700 678700 4/2/2018 Alexandria Min AZX 652100 652100 4/2/2018 ML Gold Corp MLG 643000 580581 4/2/2018 Bankers Cobalt BANC 576200 353844 4/2/2018 Core Gold CGLD 549403 474700 4/2/2018 Cobalt 27 Cap KBLT 522745 81989 4/2/2018 Altamira Gold ALTA 500500 398725 4/2/2018 GGX Gold GGX 470200 380000 4/2/2018 Latin Am Mnls LAT 398000 398000 4/2/2018 Gold Finder Ex VENZ 373500 118800 4/2/2018 Largest increase in short position Revelo Res RVL 1234000 1234000 4/2/2018 Saville Res SRE 678700 678700 4/2/2018 Alexandria Min AZX 652100 652100 4/2/2018 ML Gold Corp MLG 643000 580581 4/2/2018 Core Gold CGLD 549403 474700 4/2/2018 Largest decrease in short position Belmont Res BEA 6600 -584000 4/2/2018 Cobalt Pwr Grp CPO 65000 -435200 4/2/2018 Noble Mnl Expl NOB 26079 -433900 4/2/2018 Brixton Mtls BBB 10421 -389779 4/2/2018 Berkwood Res BKR 849 -288264 4/2/2018

Daily Metal Prices Date Apr 23 Apr 20 Apr 19 Apr 18 Apr 17 BASE METALS (London Metal Exchange -- Midday official cash/3-month prices, US$ per tonne) 1995/1965 1950/1960 1950/1960 1950/1960 1885/1895 Al Alloy Aluminum 2451.50/2438 2461/2448 2597.50/2586 2527.50/2522 2375/2371.50 Copper 6922/6963 6938/6980 6941.50/6980 6933/6981 6965/6985 2347.50/2350 2365/2372 2345/2349 2377.50/2378 2341/2343 Lead Nickel 14025/14075 14635/14640 15700/15780 15100/15000 13945/13950 Tin 21800/21475 22045/21575 21850/21525 21700/21520 21175/21075 Zinc 3214/3221 3243/3259.50 3231.50/3243 3186/3197 3114.50/3125 PRECIOUS METAL PRICES (London fix, LBMA silver price, US$ per troy oz.)

Gold AM 1328.00 1340.15 1347.90 1346.55 1342.95 Gold PM 1324.30 1336.75 1348.60 1351.45 1342.10 Silver 16.94 17.11 17.20 16.95 16.93 Platinum 920.00 933.00 943.00 946.00 925.00 Palladium 981.00 1031.00 1036.00 1034.00 1002.00

EXCHANGE RATES

HudBay Minerals (HBM.WT) - Wt buys sh @ $15 to Jul 20/18 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 Prairie Provident Resources Inc Wt (PPR. WT) - Wt buys sh @ $0.87 to Mar 16/19 Primero Mining Corp (P.WT.C) - Wt buys sh @ $3.35 to Jun 24/18 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 Timmins Gold Corp (TMM.WT) - Wt buy sh at $0.7 to May 30/18

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 Atlantic Gold (AGB.WT) - Wt buys sh @ $0.6 to Aug 20/18 Avino Silver & Gold Mines Ltd. (ASM. WT) - Wt buys sh @ US$0.2 to Nov 28/19 Boreal Metals Corp. (BMX.WT) - One warrant to purchase one common share at $0.30 per share.

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

Cornerstone Capital Resources (CGP. WT.S) - Wt buys sh @ $0.35 to Apr 07/19

Equinoxgold Corp (EQX.WT) - One 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.

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

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

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

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

West Kirkland Mining (WKM.WT) - Wt buys sh @ $0.3 to Apr 17/19

NEW 52-WEEK HIGHS AND LOWS MARCH 19–23, 2018 77 New Highs

Alcoa* Alset Minerals Alset Minerals* Alumina Inc* Arch Coal* Avesoro Res Axmin Inc Axmin Inc* Azimut Expl Barsele Min BC Moly Belvedere Res Buffalo Coal Caledonia Mng Caledonia Mng* Carmax Mng* Colombia Crest Copper Ck Gold Copper Ck Gold* Currie Rose Rs Cypress Dev

Cypress Dev* Defiance Silvr Desert Mtn Egy Evrim Res First Energy Fortuna Silvr Fortuna Silvr* Gold Resource* Golden Dawn Ml Golden Dawn Ml* Great Western* Harvest Gold Harvest Gold* Helio Res* IGC Res Intact Gold Intercontinent Intercontinent* JDF Explor Inc Jiulian Res Kirkland Lake Kirkland Lake*

Labrador Gold Largo Res Largo Res* Lynas Corp* Margaret Lake* Mexican Gold* Miramont Res* Namibia Rare E Namibia Rare E* Nevsun Res Nevsun Res* New Energy Met Nexus Gold* Oroco Res Oroco Res* Palladon Vent* Pure Gold Mg Q-Gold Res* Regency Gold Reliant Gold Southern Copp* Stellar Africa*

Stina Res Stina Res* Strongbow Expl* Suncor Energy Suncor Energy* Tamino Mnrls* Tanzania Rlty* Teranga Gold Trecora Res* VR Resources* Western Areas* Xiana Mng*

52 New Lows

Aguila Amer Gd* Alliance Res* Angus Ventures APAC Res Inc Arianne Phosph Balmoral Res Balmoral Res* Broadway Gold Bunker Hill

Cabral Gold* Canex Energy Cartier Res Cava Res* Cipher Res* Cordoba Mnls* Corsa Coal Desert Lion Desert Lion* DRDGOLD* Entree Gold Fiore Gold Fiore Gold* Galway Mtls Geologix Expl* Gowest Gold Graphite Egy* Group Eleven Intl Samuel Ex* Karoo Expl Magna Terra Metanor Res

Mexus Gold* Millrock Res* Minsud Res* Mountain Prov* Noram Vent* Nthrn Sphere* Opawica Expl* Pacific Rim Pacific Rim* PepinNini Lith* Primary Cobalt Puma Expl San Marco Res Select Sands Sibanye Gold* Sirios Res Stria Lithium Voyageur Min* Zenyatta Vent Zinc One Res Zinc One Res *

Fund Apr 20 ($) Apr 13 ($) 20.32 20.02 AGF Prec Mtls Fd MF BMO Prec Mtls Fd A 17.94 17.77 BMO ZGD 9.22 9.13 BMO ZJG 9.07 8.96 CIBC Prec Metal Fd A 9.71 9.66 Dyn Prec Metls Fd A 6.74 6.76 10.45 10.27 Galileo GOGO Horizons HEP 24.29 24.14 IG Mac GbPMetCl A 8.76 8.62 iShares XGD 12.00 11.91 46.62 45.96 Mac Prec Met Cl A NBI PrecMetFd Invt 11.77 11.72 34.74 34.43 NPT Gold&PrMinFdA NPT SilverEquCl A 5.52 5.39 RBC GblPreMetFd A 31.92 31.82 Redw UITGoDe&ProCl A Sentry Pre Met Fd A 38.99 38.32 TD PreciousMetalsInv 32.68 32.42

Change ($) Change (%) YTDChange (%) MER (%) TotalAssets (M$) 0.30 1.50 -6.15 2.81 111.25 0.17 0.93 -3.42 2.40 59.60 0.09 1.03 -6.53 0.61 0.11 1.20 -1.27 0.60 0.06 0.58 -7.54 2.58 43.77 -0.02 -0.30 -5.14 2.66 341.32 0.18 1.79 0.15 0.62 -3.16 0.81 0.13 1.53 -6.01 2.75 35.52 0.09 0.80 -4.35 0.55 759.28 0.65 1.42 -6.12 2.52 78.17 0.05 0.43 -10.13 2.46 26.46 0.31 0.89 -6.63 2.96 143.62 0.14 2.51 -5.68 3.36 117.94 0.09 0.29 -8.56 2.13 319.62 0.00 0.00 0.66 1.73 -5.48 2.44 147.57 0.26 0.80 -6.45 2.27 111.30

Apr 20 Apr 19 Apr 18 Apr 17 Apr 16 1.2665 1.2665 1.2627 1.2555 1.2568 0.7896 0.7896 0.7919 0.7965 0.7957

Exchange rates (Quote Media, April 20, 2018) C$ to AUS C$ to EURO C$ to YEN C$ to Mex Peso C$ to SA Rand 1.022 0.6397 84.8240 14.5658 9.4518 C$ to UK Pound C$ to China Yuan C$ to India Rupee C$ to Swiss Franc C$ to S. Korea Won 0.5607 4.9571 52.0085 0.7672 842.6958 US to AUS US to EURO US to YEN US to Mex Peso US to SA Rand 1.2943 0.8101 107.4250 18.4559 11.9694 US to UK Pound US to China Yuan US to India Rupee US to Swiss Franc US to S. Korea Won 0.7101 6.2784 66.1248 0.9716 1067.2400

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_APR30_MMMM.indd 19

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 Excellon Resources Inc (EXN.WT) - Wt buys sh @ $1.75 to Jul 26/18 GoGold Resources Inc. (GGD.WT) - Wt buys sh @ $1.7 to Jun 7/18 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

CANADIAN GOLD MUTUAL FUNDS

DAILY METAL PRICES

Date US$ in C$ C$ in US$

TSX WARRANTS

PRODUCER AND DEALER PRICES

SPOT PRICES COURTESY OF SCOTIABANK

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

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

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

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

GLOBAL MINING NEWS · SINCE 1915

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2018-04-24 12:36 PM

20

S T O C K TA B L E S

MINING STOCKS listed on CANADIAN and U.S. EXCHANGES TRADING: APRIL 16–20, 2018 (100s) Stock

WWW.NORTHERNMINER.COM

APRIL 30–MAY 13, 2018 / THE NORTHERN MINER

Week

12-month

Exc Volume High Low Last Change High Low

A 37 Capital 3 0.25 0.25 0.25 unch 0.00 0.35 0.12 60 North Gold 51 0.17 0.15 0.17 + 0.02 0.17 0.15 92 Resources* O 52 0.07 0.07 0.07 unch 0.00 0.20 0.05 92 Resources V 231 0.09 0.07 0.08 - 0.01 0.27 0.07 Abacus Mng &Ex V 156 0.22 0.19 0.21 - 0.01 1.25 0.19 Abacus Mng &Ex* O 236 0.19 0.15 0.19 + 0.03 2.52 0.06 Abcourt Mines V 125 0.07 0.06 0.06 + 0.01 0.10 0.05 Abcourt Mines* O 33 0.05 0.04 0.05 + 0.01 0.08 0.04 Aben Res* O 77 0.13 0.12 0.12 + 0.01 0.41 0.07 0.09 Aben Res V 1308 0.17 0.15 0.17 + 0.01 0.50 Aberdeen Intl* O 9 0.13 0.13 0.13 - 0.00 0.16 0.09 Aberdeen Intl T 180 0.18 0.17 0.17 - 0.01 0.21 0.11 Abitibi Royalt* O 1 8.00 0.00 7.95 - 0.09 8.14 6.00 Abitibi Royalt V 20 10.25 10.06 10.06 - 0.14 10.45 7.41 AbraPlata Res* O 72 0.16 0.15 0.16 + 0.01 0.48 0.13 V 147 0.19 0.18 0.19 unch 0.00 0.63 0.17 AbraPlata Res unch 0.00 0.02 0.00 Abzu Gold* O 23 0.01 0.01 0.01 Adamera Mnls V 2264 0.07 0.05 0.06 - 0.01 0.24 0.06 Adamera Mnls* O 3163 0.06 0.04 0.05 - 0.02 0.18 0.04 Adex Mining V 95 0.02 0.01 0.01 - 0.01 0.04 0.01 0.05 Advance Gold V 98 0.13 0.12 0.12 - 0.01 0.13 O 14 0.00 0.00 0.00 unch 0.00 0.00 0.00 Advanced Expl* Advantage Lith V 576 1.02 0.97 1.00 - 0.02 1.42 0.36 Advantage Lith* O 321 0.83 0.72 0.78 - 0.02 1.14 0.28 V 25 0.71 0.70 0.70 - 0.01 1.15 0.57 Adventus Zinc Affinity Gold* O 216 0.03 0.02 0.03 + 0.00 0.05 0.01 unch 0.00 0.09 0.04 African Gold V 5 0.04 0.00 0.04 African Mnrls* O 1601 0.00 0.00 0.00 - 0.00 0.01 0.00 Aftermath Slvr* O 0 0.00 0.00 0.08 unch 0.00 0.14 0.00 0.04 Aftermath Slvr V 3 0.11 0.00 0.11 - 0.02 0.19 Agnico Eagle T 3124 57.97 55.68 56.28 - 0.25 68.76 48.04 37.35 Agnico Eagle* N 7011 46.02 43.72 44.16 - 0.70 51.86 Aguia Resource V 470 0.28 0.25 0.25 - 0.02 0.50 0.25 Aguila Amer Gd V 38 0.18 0.00 0.17 unch 0.00 0.35 0.17 0 0.00 0.00 0.19 unch 0.00 0.19 0.16 Aguila Amer Gd* O Aida Minerals 308 0.26 0.23 0.26 - 0.01 1.50 0.01 Alabama Graph V 465 0.06 0.05 0.06 + 0.01 0.21 0.05 Alabama Graph* O 109 0.05 0.04 0.05 + 0.01 0.17 0.03 1.95 Alacer Gold T 1444 2.21 2.07 2.17 + 0.05 2.53 Alamos Gold T 3135 7.31 6.95 7.00 - 0.20 10.50 6.19 Alamos Gold* N 7139 5.79 5.46 5.51 - 0.21 8.58 4.83 Alaska Pac Egy* O 2828 0.00 0.00 0.00 unch 0.00 0.02 0.00 O 20 0.12 0.07 0.12 + 0.05 0.33 0.03 Alba Minerals* Albert Mining V 2080 0.06 0.05 0.05 unch 0.00 0.10 0.04 Albert Mining* O 2 0.04 0.04 0.04 unch 0.00 0.08 0.03 Alchemist Mng 1563 0.13 0.10 0.11 unch 0.00 0.35 0.05 N 39737 62.35 54.41 60.01 + 5.05 62.35 29.55 Alcoa* Alderon Iron* O 65 0.25 0.22 0.24 + 0.02 0.29 0.16 Alderon Iron T 232 0.31 0.28 0.30 + 0.01 0.40 0.21 0.03 Aldershot Res V 57 0.06 0.05 0.05 + 0.01 0.09 Aldershot Res* O 10 0.05 0.05 0.05 unch 0.00 0.05 0.02 0.07 Aldever Res V 24 0.08 0.00 0.07 - 0.01 0.24 Aldever Res* O 0 0.05 0.00 0.05 - 0.01 0.18 0.05 Aldridge Min V 185 0.05 0.05 0.05 unch 0.00 0.24 0.05 unch 0.00 0.17 0.03 Aldridge Min* O 29 0.04 0.03 0.03 Alexandra Cap 67 0.63 0.60 0.61 - 0.01 0.93 0.06 Alexandra Cap* O 0 0.50 0.50 0.50 unch 0.00 0.77 0.01 Alexandria Min* O 464 0.07 0.06 0.07 - 0.00 0.09 0.04 Alexandria Min V 1095 0.09 0.08 0.08 - 0.01 0.12 0.05 1.41 Alexco Res T 793 2.14 1.90 2.02 + 0.08 2.28 Alexco Res* X 2024 1.70 1.51 1.61 + 0.09 1.85 1.10 Algold Res* O 282 0.10 0.09 0.10 + 0.00 0.16 0.09 Algold Res V 300 0.13 0.12 0.13 unch 0.00 0.28 0.12 Alianza Min V 15 0.12 0.12 0.12 + 0.01 0.16 0.05 0.04 Alianza Min* O 7 0.10 0.08 0.08 - 0.02 0.12 Allegiant Gold V 493 0.50 0.43 0.44 - 0.01 0.75 0.41 Allegiant Gold* O 262 0.41 0.34 0.34 - 0.02 0.58 0.00 Alliance Mng V 3358 0.04 0.04 0.04 - 0.01 0.06 0.04 16.35 Alliance Res* D 1604 16.85 16.28 16.35 - 0.20 23.45 Almaden Mnls T 254 1.09 0.99 1.08 + 0.06 2.15 0.92 Almaden Mnls* X 608 0.87 0.79 0.85 + 0.05 1.59 0.71 0.91 Almadex Min V 352 1.59 1.25 1.48 + 0.01 1.75 Almadex Min* O 882 1.26 0.95 1.17 + 0.01 1.44 0.71 Almonty Ind V 315 0.50 0.49 0.50 - 0.01 0.69 0.20 unch 0.00 0.71 0.41 Alopex Gold V 55 0.48 0.48 0.48 Alphamin Res * O 205 0.24 0.23 0.24 unch 0.00 0.35 0.21 unch 0.00 0.44 0.25 Alphamin Res V 298 0.30 0.30 0.30 Alset Minerals* O 2 0.20 0.17 0.20 + 0.02 0.20 0.17 Alset Minerals V 294 0.26 0.24 0.26 + 0.02 0.53 0.13 0.05 Altai Res V 193 0.33 0.29 0.32 - 0.01 0.47 Altair Res Inc* O 14 0.03 0.03 0.03 + 0.00 0.27 0.03 569 0.05 0.00 0.05 unch 0.00 0.40 0.04 Altair Res Inc V Altamira Gold V 314 0.20 0.17 0.18 - 0.01 0.35 0.14 Altamira Gold* O 121 0.16 0.14 0.14 - 0.00 0.29 0.11 4 0.01 0.01 0.01 unch 0.00 0.02 0.01 Altan Rio Mnls V 0.11 Altiplano Mnls V 230 0.38 0.29 0.32 - 0.04 0.64 Altiplano Mnls* O 73 0.27 0.26 0.27 - 0.03 0.46 0.15 Altitude Res V 65 0.09 0.06 0.06 - 0.04 0.09 0.03 Altius Mnrls T 107 14.80 14.17 14.19 - 0.05 15.58 10.05 0.04 Alto Vent V 991 0.04 0.04 0.04 - 0.01 0.14 Altura Mng Ltd* O 217 0.31 0.28 0.30 + 0.02 0.40 0.10 Alturas Mnrls V 151 0.04 0.03 0.03 - 0.01 0.06 0.02 Alumina Inc* O 94 8.97 8.24 8.66 + 0.56 8.97 4.95 ALX Uranium* O 83 0.07 0.05 0.06 + 0.00 0.08 0.05 0.06 ALX Uranium V 403 0.08 0.07 0.08 + 0.01 0.11 Am Creek Res V 208 0.05 0.04 0.04 unch 0.00 0.08 0.04 Am CuMo Mng V 323 0.10 0.00 0.09 - 0.01 0.49 0.06 74 0.07 0.07 0.07 - 0.01 0.35 0.05 Am CuMo Mng* O Am Manganese* O 254 0.17 0.15 0.15 - 0.01 0.28 0.10 V 391 0.21 0.19 0.20 - 0.01 0.35 0.13 Am Manganese Am Sierra Gold* O 4 0.02 0.00 0.02 unch 0.00 0.05 0.01 Amador Gold* O 1 0.12 0.00 0.12 - 0.03 0.16 0.06 Amani Gold* O 250 0.01 0.01 0.01 unch 0.00 0.03 0.01 Amarc Res V 64 0.13 0.13 0.13 unch 0.00 0.26 0.12 0.09 Amarc Res* O 8 0.11 0.10 0.10 - 0.00 0.21 0.24 Amarillo Gold V 246 0.29 0.27 0.29 + 0.01 0.42 Amazing Energy* O 461 0.60 0.38 0.59 + 0.11 0.94 0.20 Amer Intl Vent* O 89 0.02 0.01 0.02 + 0.01 0.11 0.01 American Lith* O 1 0.63 0.00 0.61 + 0.04 0.69 0.32 American Lith V 87 0.78 0.74 0.74 + 0.01 1.40 0.33 O 3 0.32 0.29 0.29 - 0.03 0.32 0.29 American Pac* American Pac 219 0.40 0.35 0.35 - 0.06 0.41 0.28 X 303 4.30 3.58 3.98 + 0.33 5.04 2.50 Americas Silvr* Americas Silvr T 234 5.35 4.51 5.09 + 0.34 6.11 3.22 Amerigo Res T 246 1.10 1.00 1.08 + 0.06 1.35 0.49 0.30 Amerigo Res* O 141 0.85 0.80 0.85 + 0.05 1.09 Amex Expl* O 42 0.07 0.07 0.07 unch 0.00 0.20 0.07 Amex Expl V 380 0.11 0.09 0.11 + 0.01 0.38 0.08 T 352 0.40 0.37 0.38 - 0.01 0.56 0.22 Anaconda Mng Anaconda Mng* O 71 0.32 0.30 0.30 + 0.00 0.48 0.16 Anconia Res V 5 0.02 0.02 0.02 unch 0.00 0.04 0.01 Andes Gold* O 8 0.01 0.00 0.01 + 0.00 0.02 0.00 Anfield Energy* O 89 0.25 0.23 0.24 + 0.00 0.63 0.20 V 463 0.32 0.29 0.30 unch 0.00 0.85 0.23 Anfield Energy Angel Gold* O 36 0.06 0.06 0.06 - 0.01 0.08 0.03 Angel Gold V 431 0.08 0.07 0.08 unch 0.00 0.12 0.04 Angkor Gold V 25 0.20 0.18 0.19 unch 0.00 0.35 0.15 Anglo American* O 1586 13.08 12.02 12.60 + 0.37 13.13 5.95 Anglo American* O 244 25.97 0.00 25.70 + 2.07 26.02 12.19 Anglo Pac Grp T 1 2.20 2.15 2.20 unch 0.00 3.18 1.31 V 60 0.08 0.06 0.07 - 0.01 0.15 0.05 Anglo-Bomarc 0 0.00 0.00 8.62 unch 0.00 12.21 8.62 AngloGold Ash* O AngloGold Ash* N 16232 9.45 8.89 9.16 - 0.20 12.58 8.86 Angus Ventures V 5 0.33 0.33 0.33 unch 0.00 0.50 0.33 Antioquia Gold* O 5 0.03 0.03 0.03 + 0.00 0.14 0.02 Antioquia Gold V 27 0.05 0.05 0.05 unch 0.00 0.20 0.05 Antler Gold * O 5 0.10 0.10 0.10 unch 0.00 0.13 0.10 Antler Gold V 42 0.14 0.13 0.14 + 0.01 0.50 0.11 Antler Hill V 24 0.13 0.00 0.13 + 0.01 0.33 0.02 Antofagasta* O 2 13.75 0.00 13.54 + 0.11 14.25 9.46 APAC Res Inc 19 0.28 0.00 0.27 - 0.03 0.50 0.03 Apex Res V 110 0.12 0.10 0.12 + 0.02 0.15 0.07 Apex Res * O 12 0.08 0.07 0.07 - 0.00 0.09 0.04 Apogee Opport * O 0 0.16 0.16 0.16 unch 0.00 0.28 0.10 Apogee Opport V 20 0.24 0.00 0.22 - 0.06 0.39 0.14 Appia Energy* O 98 0.16 0.13 0.13 - 0.02 0.24 0.07 Appia Energy 119 0.20 0.18 0.19 - 0.01 0.28 0.10 Applied Mrnls* O 263 0.17 0.16 0.16 - 0.01 0.25 0.02 Aquila Res* O 336 0.21 0.19 0.20 - 0.00 0.23 0.17 Aquila Res T 157 0.26 0.25 0.26 + 0.01 0.29 0.22 Arch Coal* N 1376 102.61 95.40 100.29 + 3.07 102.61 60.13 Archon Mineral* O 1 1.00 1.00 1.00 unch 0.00 1.18 0.82 Archon Mineral V 1 0.00 0.00 1.31 unch 0.00 1.68 0.81 Arco Res* O 247 1.04 0.86 1.00 + 0.00 1.39 0.33 Arctic Star* O 40 0.15 0.15 0.15 - 0.00 0.24 0.09 Arctic Star V 3960 0.23 0.17 0.18 - 0.01 0.38 0.11 Arcturus Vent V 2 0.11 0.11 0.11 unch 0.00 0.25 0.07 Arcus Dev Grp V 64 0.06 0.05 0.06 - 0.01 0.19 0.04 Arena Mnls V 136 0.07 0.06 0.06 unch 0.00 0.24 0.06 Arena Mnls* O 66 0.05 0.00 0.04 - 0.00 0.18 0.04 Argentina Lith* O 27 0.16 0.14 0.16 - 0.00 0.48 0.07 Argentina Lith V 159 0.20 0.18 0.20 + 0.01 0.60 0.08 Argentum Silvr V 18 0.21 0.20 0.21 unch 0.00 0.41 0.17 Argex Titanium T 3109 0.05 0.04 0.05 unch 0.00 0.10 0.04

20-23_APR30_StockTables.indd 20

(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

Argex Titanium* O 76 Argo Gold 10 Argonaut Gold* O 138 Argonaut Gold T 1649 Argus Metals* O 7 Argus Metals V 347 Arian Silver* O 134 O 95 Arianne Phosph* Arianne Phosph V 500 Arizona Mng* O 72 Arizona Mng T 907 Arizona Silver V 220 Arizona Silver* O 12 Armor Mnrls V 3 Arrowstar Res V 307 Asanko Gold T 1669 Asanko Gold* X 3833 Asante Gold 585 10 Asbestos Corp V Ascot Res V 129 Ascot Res * O 13 Ashanti Sanko* O 1 Ashanti Sanko V 168 Ashburton Vent* O 6 Ashburton Vent V 275 AsiaBaseMetals* O 0 AsiaBaseMetals V 55 Asiamet Res* O 43 Asian Minl Res V 81 Aston Bay* O 5 Aston Bay V 633 Astorius Res V 216 ATAC Res V 417 Atacama Pacif V 199 Atacama Res* O 38274 O 70 Athabasca Mnls* Athabasca Mnls V 140 Athena Silver* O 59 Atico Mng* O 91 Atico Mng V 115 Atlanta Gold* O 5 Atlanta Gold V 192 Atlantic Gold V 1266 Atlantic Ind V 881 Atlatsa Res* O 13 Atlatsa Res T 34 Atom Energy * O 1 Aton Res Inc* O 10 Aton Res Inc V 224 Aura Mnls* O 16 Aura Mnls T 28 Aura Silver Rs V 1358 Auramex Res V 85 Aurania Res* O 72 Aurania Res V 79 Aurcana Corp V 1927 O 489 Aurcana Corp* AurCrest Gold V 1428 Aurion Res * O 60 Aurion Res V 281 Aurora Royal V 509 Aurum* O 1 Auryn Res* X 513 Auryn Res T 330 Austral Gold V 152 Austral Gold* O 3 O 271 Australian Mns* Auxico Res 461 774 Avalon Adv Mat T Avalon Adv Mat* O 178 O 39 Avarone Metals* Avarone Metals 335 Avesoro Res T 34 Avesoro Res* O 0 Avidian Gold V 298 Avino Silver* X 984 Avino Silver T 191 Avrupa Mnls* O 166 Avrupa Mnls V 158 Awale Res V 378 AXE Expl V 813 Axmin Inc* O 424 Axmin Inc V 623 Azarga Metals V 4 Azarga Metals* O 8 Azarga Uranium* O 29 Azarga Uranium T 86 Aziel Corp* O 0 Azimut Expl V 381 V 809 Azincourt Ener Azincourt Ener* O 95 Aztec Minerals V 87 Aztec Minerals* O 99 Azteca Gold* O 51

0.04 0.03 0.04 + 0.00 0.07 0.03 0.17 0.17 0.17 - 0.01 0.26 0.13 1.89 1.72 1.87 + 0.08 2.40 1.31 2.41 2.16 2.40 + 0.17 2.92 1.76 0.16 0.14 0.16 + 0.02 0.55 0.06 0.25 0.20 0.21 - 0.05 0.75 0.08 0.00 0.00 0.00 unch 0.00 0.02 0.00 0.45 0.39 0.45 + 0.04 0.73 0.39 0.58 0.44 0.58 + 0.07 0.97 0.44 3.36 3.09 3.30 + 0.06 5.90 1.34 4.25 4.00 4.19 + 0.09 4.87 1.79 0.13 0.12 0.13 - 0.01 1.23 0.11 0.11 0.10 0.10 - 0.00 0.91 0.08 0.48 0.00 0.48 + 0.08 0.55 0.32 0.07 0.06 0.06 - 0.01 0.09 0.03 1.41 1.23 1.38 + 0.12 3.41 0.55 1.10 0.98 1.10 + 0.11 2.50 0.43 0.05 0.05 0.05 unch 0.00 0.16 0.05 0.88 0.87 0.88 unch 0.00 0.90 0.20 1.24 1.14 1.23 + 0.02 2.10 1.08 1.00 0.91 0.91 + 0.00 1.56 0.87 0.03 0.03 0.03 unch 0.00 0.04 0.02 0.04 0.03 0.04 + 0.01 0.06 0.02 0.05 0.05 0.05 unch 0.00 0.19 0.05 0.08 0.00 0.07 - 0.01 0.25 0.06 0.00 0.00 0.26 unch 0.00 0.25 0.25 0.25 unch 0.00 0.41 0.19 0.16 0.13 0.13 - 0.03 0.19 0.05 0.02 0.01 0.02 unch 0.00 0.05 0.01 0.19 0.19 0.19 unch 0.00 0.20 0.09 0.22 0.20 0.20 - 0.02 0.29 0.10 0.07 0.06 0.07 + 0.01 0.20 0.06 0.63 0.59 0.59 - 0.03 0.89 0.46 0.63 0.57 0.62 - 0.04 0.83 0.41 0.00 0.00 0.00 - 0.00 0.40 0.00 0.11 0.10 0.11 + 0.02 0.20 0.09 0.14 0.12 0.14 + 0.01 0.27 0.12 0.09 0.05 0.05 + 0.00 0.33 0.02 0.51 0.46 0.49 + 0.02 0.71 0.40 0.65 0.58 0.62 + 0.03 0.91 0.51 0.04 0.04 0.04 unch 0.00 0.06 0.03 0.05 0.05 0.05 + 0.01 0.08 0.04 1.90 1.85 1.87 - 0.02 1.97 1.30 0.02 0.01 0.02 + 0.01 0.09 0.01 0.03 0.02 0.03 unch 0.00 0.05 0.01 0.04 0.00 0.04 + 0.01 0.07 0.02 0.15 0.15 0.15 unch 0.00 0.34 0.04 0.02 0.02 0.02 unch 0.00 0.04 0.02 0.05 0.04 0.04 unch 0.00 0.06 0.03 1.78 1.74 1.74 + 0.03 2.38 1.03 2.25 2.16 2.22 + 0.06 3.00 1.30 0.04 0.03 0.03 unch 0.00 0.10 0.02 0.08 0.08 0.08 unch 0.00 0.10 0.03 2.27 2.06 2.15 - 0.07 6.06 1.40 2.84 2.60 2.70 - 0.09 7.57 1.51 0.28 0.20 0.22 + 0.02 0.42 0.17 0.21 0.16 0.18 + 0.02 0.30 0.13 0.03 0.02 0.03 unch 0.00 0.04 0.02 0.57 0.00 0.57 unch 0.00 2.82 0.57 0.74 0.69 0.70 - 0.05 3.49 0.67 0.11 0.09 0.10 + 0.02 0.24 0.03 0.06 0.06 0.06 unch 0.00 1.05 0.06 1.47 1.36 1.41 + 0.03 3.00 1.24 1.84 1.71 1.78 + 0.03 3.60 1.62 0.13 0.12 0.13 + 0.01 0.18 0.10 0.09 0.09 0.09 unch 0.00 0.16 0.05 0.11 0.06 0.08 - 0.01 0.13 0.06 0.30 0.22 0.25 - 0.03 0.45 0.20 0.14 0.12 0.12 - 0.02 0.17 0.11 0.11 0.09 0.10 + 0.00 0.13 0.08 0.06 0.06 0.06 unch 0.00 0.09 0.01 0.10 0.08 0.08 - 0.01 0.14 0.02 5.32 0.00 4.92 + 0.32 5.32 2.50 0.00 0.00 3.08 unch 0.00 3.30 1.89 0.69 0.65 0.65 - 0.03 0.70 0.20 1.55 1.36 1.49 + 0.05 1.89 1.14 1.95 1.70 1.93 + 0.10 2.35 1.44 0.07 0.06 0.07 + 0.01 0.10 0.05 0.09 0.08 0.09 + 0.01 0.13 0.06 0.20 0.20 0.20 unch 0.00 0.48 0.14 0.05 0.05 0.05 - 0.01 0.17 0.02 0.06 0.05 0.06 + 0.01 0.05 0.02 0.07 0.05 0.07 + 0.02 0.06 0.03 0.11 0.11 0.11 unch 0.00 0.22 0.11 0.09 0.00 0.09 + 0.01 0.16 0.06 0.19 0.18 0.19 + 0.02 0.26 0.14 0.26 0.23 0.25 + 0.02 0.36 0.18 0.00 0.00 1.70 unch 0.00 9.10 0.60 0.48 0.40 0.43 + 0.05 0.48 0.26 0.12 0.10 0.11 - 0.01 0.37 0.05 0.09 0.07 0.08 - 0.01 0.23 0.03 0.23 0.00 0.21 - 0.04 0.65 0.20 0.19 0.00 0.17 - 0.01 0.30 0.17 0.00 0.00 0.00 + 0.00 0.00 0.00

B2Gold* X 15544 B2Gold T 13430 B4MC Gold* O 1 Balmoral Res* O 1195 Balmoral Res T 2564 Balto Res V 69 Bandera Gold V 12 Bankers Cobalt* O 279 Bankers Cobalt V 2710 Bannerman Res* O 73 Banyan Gold V 461 Banyan Gold* O 14 Bard Ventures V 35 Barker Mnrls V 301 O 86 Barkerville Go* Barkerville Go V 799 Baroyeca Go&Si V 5 Baroyeca Go&Si* O 3 Barrick Gold T 10742 Barrick Gold* N 50321 Barsele Min* O 15 Barsele Min V 151 Batero Gold V 103 Bayhorse Silvr* O 34 Bayhorse Silvr V 407 Bayswater Uran V 219 Bayswater Uran* O 25 O 0 BC Moly * BC Moly V 38 BCM Res V 102 BE Res V 22 Bear Creek Mng V 258 Bearclaw Cap V 50 Bearing Lith V 129 Bearing Lith* O 123 Beaufield Res V 693 Beaufield Res* O 34 Beeston Ent* O 475 Bell Copper* O 96 Belmont Res V 842 Belo Sun Mng T 915 Belvedere Res V 63 Belvedere Res* O 0 BeMetals V 97 Benton Res V 227 Benz Mining* O 6 Benz Mining V 200 Berkeley Egy* O 1 Berkwood Res * O 63 Berkwood Res V 1453 Big Wind Cap 1151 Bird River Res 200 Bitterroot Res* O 2 Bitterroot Res V 167 Black Dragon V 382 Black Dragon* O 80 Black Hills* N 1735 Black Iron T 175 Black Iron* O 6 Black Isle Res V 297 Black Isle Res* O 0 Black Mam Mtls V 72 Black Sea Cop V 34 Black Sea Cop* O 8 Black Tusk Res 36 Blackheath Res V 30 Blackrock Gold* O 102 Blackrock Gold V 295 Blind Crk Res V 203 BLOX Inc* O 69

3.01 2.81 2.84 - 0.01 3.30 2.15 3.78 3.54 3.61 + 0.01 4.06 2.96 6.30 6.25 6.25 unch 0.00 9.00 6.25 0.21 0.18 0.19 - 0.02 0.57 0.18 0.26 0.23 0.24 - 0.02 0.76 0.23 0.16 0.11 0.12 - 0.04 0.38 0.02 0.04 0.04 0.04 + 0.01 0.10 0.03 0.19 0.08 0.16 + 0.01 0.68 0.03 0.25 0.17 0.21 + 0.04 0.85 0.11 0.04 0.03 0.04 + 0.01 0.06 0.02 0.07 0.06 0.07 unch 0.00 0.15 0.06 0.05 0.05 0.05 unch 0.00 0.11 0.05 0.05 0.05 0.05 unch 0.00 0.08 0.02 0.02 0.01 0.02 + 0.01 0.03 0.01 0.56 0.53 0.54 - 0.02 1.03 0.45 0.70 0.65 0.69 - 0.01 1.39 0.60 0.02 0.02 0.02 unch 0.00 0.04 0.01 0.01 0.01 0.01 unch 0.00 0.01 0.01 16.91 16.26 16.76 + 0.17 26.19 14.26 13.38 12.93 13.17 + 0.02 19.38 11.07 0.68 0.58 0.68 + 0.10 0.72 0.42 1.03 0.79 0.83 + 0.05 1.03 0.53 0.09 0.08 0.08 unch 0.00 0.12 0.08 0.17 0.15 0.17 + 0.01 0.22 0.10 0.22 0.20 0.21 + 0.01 0.27 0.14 0.03 0.00 0.03 unch 0.00 0.06 0.02 0.02 0.01 0.02 + 0.00 0.04 0.01 0.00 0.00 0.06 unch 0.00 0.06 0.04 0.16 0.00 0.16 + 0.10 0.16 0.04 0.11 0.09 0.11 - 0.01 0.25 0.08 0.06 0.05 0.05 unch 0.00 0.10 0.04 2.58 2.30 2.30 - 0.19 2.74 1.64 0.05 0.05 0.05 unch 0.00 0.06 0.03 0.54 0.48 0.48 - 0.05 1.06 0.41 0.43 0.38 0.38 - 0.02 0.81 0.31 0.12 0.10 0.12 + 0.02 0.32 0.09 0.09 0.07 0.07 - 0.01 0.24 0.07 0.00 0.00 0.00 + 0.00 0.00 0.00 0.06 0.05 0.06 + 0.01 0.16 0.04 0.06 0.05 0.05 unch 0.00 0.08 0.02 0.38 0.34 0.35 + 0.01 0.74 0.29 0.85 0.00 0.75 unch 0.00 0.96 0.15 0.00 0.00 0.19 unch 0.00 0.19 0.04 0.20 0.17 0.20 + 0.03 0.32 0.15 0.07 0.06 0.07 + 0.01 0.11 0.05 0.09 0.09 0.09 unch 0.00 0.12 0.09 0.12 0.10 0.10 - 0.03 0.47 0.11 0.67 0.60 0.60 - 0.07 0.88 0.51 0.15 0.13 0.13 - 0.01 0.44 0.14 0.19 0.16 0.17 - 0.01 0.55 0.17 0.57 0.45 0.55 + 0.07 1.05 0.11 0.23 0.23 0.23 unch 0.00 0.63 0.07 0.05 0.00 0.05 + 0.00 0.24 0.05 0.07 0.06 0.07 unch 0.00 0.28 0.04 0.08 0.07 0.07 - 0.01 0.13 0.03 0.05 0.05 0.05 - 0.00 0.11 0.02 55.05 53.09 54.24 + 1.11 72.02 50.49 0.10 0.09 0.09 - 0.01 0.17 0.08 0.07 0.07 0.07 unch 0.00 0.11 0.05 0.04 0.00 0.04 unch 0.00 0.06 0.03 0.03 0.03 0.03 unch 0.00 0.04 0.02 0.12 0.11 0.12 unch 0.00 0.25 0.06 0.11 0.00 0.11 unch 0.00 0.25 0.08 0.08 0.07 0.08 + 0.01 0.19 0.05 0.22 0.18 0.21 - 0.01 0.22 0.12 0.05 0.05 0.05 unch 0.00 0.08 0.04 0.11 0.10 0.11 + 0.00 0.12 0.04 0.14 0.12 0.13 unch 0.00 0.16 0.05 0.19 0.16 0.18 - 0.02 0.38 0.16 0.30 0.20 0.30 + 0.06 0.33 0.03

B

(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

Blue Moon Zinc* O 77 Blue Moon Zinc V 854 Blue Rvr Res V 1615 Blue Sky Uran* O 85 Blue Sky Uran V 492 Bluenose Gold V 3 Bluestone Res* O 10 V 55 Bluestone Res Bold Vent V 60 Bonanza Gldfds* O 5140 BonTerra Res V 1846 O 178 BonTerra Res* Boreal Metals V 138 Borneo Res Inv* O 21709 Bravada Gold V 243 Bravada Gold* O 187 V 24 Braveheart Res Bravo Multinat* O 207 Brazil Mnrls* O 1443 Brigadier Gold V 264 O 219 BrightRock Gld* Brilliant Sand* O 36 Brio Gold T 56 Britannia Mng* O 184 Brixton Mtls V 875 Brixton Mtls* O 99 Broadway Gold* O 26 Broadway Gold V 46 Brookmount Exp* O 1234 Brunswick Res V 361 Bryn Res* O 652 Buccaneer Gold V 8 Buenaventura* N 5755 Buffalo Coal V 450 Bullfrog Gold* O 127 Bunker Hill 21 BWR Explor V 455

0.07 0.00 0.06 - 0.01 0.11 0.02 0.09 0.08 0.08 unch 0.00 0.14 0.03 0.02 0.02 0.02 unch 0.00 0.05 0.01 0.16 0.13 0.13 - 0.03 0.25 0.08 0.20 0.15 0.15 - 0.05 0.32 0.10 0.15 0.10 0.10 unch 0.00 0.15 0.00 0.99 0.93 0.99 + 0.03 1.35 0.86 1.27 1.15 1.25 unch 0.00 1.90 0.95 0.04 0.04 0.04 unch 0.00 0.06 0.03 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.53 0.49 0.51 + 0.01 0.72 0.37 0.43 0.39 0.40 + 0.01 0.57 0.26 0.25 0.22 0.22 + 0.01 0.40 0.20 0.00 0.00 0.00 + 0.00 0.00 0.00 0.10 0.00 0.10 unch 0.00 0.28 0.09 0.08 0.00 0.08 + 0.01 0.21 0.07 0.08 0.08 0.08 unch 0.00 0.12 0.04 0.16 0.12 0.14 - 0.02 3.49 0.11 0.00 0.00 0.00 + 0.00 0.04 0.00 0.20 0.10 0.19 + 0.06 0.20 0.08 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.05 0.05 0.05 unch 0.00 0.12 0.01 2.62 2.52 2.55 - 0.07 3.40 1.54 0.00 0.00 0.00 - 0.00 0.01 0.00 0.23 0.21 0.22 unch 0.00 0.49 0.20 0.18 0.17 0.18 + 0.00 0.39 0.15 0.16 0.00 0.16 + 0.00 0.85 0.14 0.23 0.00 0.20 - 0.03 1.14 0.19 0.01 0.01 0.01 - 0.00 0.13 0.00 0.03 0.03 0.03 unch 0.00 0.05 0.02 0.01 0.00 0.00 + 0.00 0.01 0.00 0.15 0.15 0.15 unch 0.00 0.18 0.03 16.77 16.14 16.56 + 0.19 16.80 10.87 0.03 0.01 0.03 + 0.02 0.02 0.01 0.10 0.09 0.10 - 0.01 0.18 0.05 1.95 0.00 1.66 - 0.24 3.15 1.15 0.07 0.06 0.06 unch 0.00 0.10 0.04

C Cabral Gold V 657 0.42 0.32 0.33 - 0.07 0.50 0.28 Cabral Gold* O 202 0.32 0.26 0.26 - 0.06 0.32 0.26 unch 0.00 0.31 0.04 Cache Expl V 642 0.05 0.05 0.05 Cadence Min* O 4 1.71 1.71 1.71 unch 0.00 5.31 1.63 unch 0.00 0.04 0.02 Cadillac Vent* O 1 0.02 0.02 0.02 Cadillac Vent V 1179 0.04 0.03 0.04 + 0.01 0.06 0.03 Caledonia Mng* X 103 9.40 8.10 9.25 + 0.46 9.40 0.06 Caledonia Mng T 54 12.00 10.53 12.00 + 1.09 11.92 6.70 Calibre Mng V 292 0.08 0.08 0.08 - 0.01 0.23 0.07 California Gld V 150 0.27 0.25 0.25 + 0.01 0.64 0.21 California Go* O 21 0.21 0.19 0.19 + 0.00 0.49 0.16 Callinex Mines* O 611 0.23 0.20 0.22 + 0.02 0.39 0.19 Callinex Mines V 739 0.30 0.26 0.29 + 0.03 0.48 0.25 Cameco Corp* N 17802 10.67 9.80 10.57 + 0.63 11.18 7.68 Cameco Corp T 7152 13.58 12.35 13.48 + 0.97 15.15 9.90 Cameo Res* O 167 0.91 0.80 0.83 + 0.01 1.11 0.34 0.30 Cameo Res V 601 1.13 1.00 1.10 + 0.04 1.60 Camino Mnls* O 31 0.24 0.22 0.23 - 0.02 1.62 0.22 0.26 Camino Mnls V 1075 0.30 0.27 0.30 - 0.02 2.23 Camrova Res V 117 0.11 0.09 0.11 + 0.01 0.17 0.06 Camrova Res* O 9 0.08 0.07 0.08 + 0.01 0.15 0.00 Canada Cobalt V 304 0.31 0.25 0.28 + 0.02 0.55 0.15 Canada Cobalt* O 103 0.24 0.19 0.24 + 0.03 0.44 0.11 Canada One* O 2 0.08 0.08 0.08 unch 0.00 0.32 0.06 Canada One V 55 0.11 0.10 0.10 - 0.01 0.52 0.08 CanAlaska Uran V 420 0.40 0.34 0.34 - 0.02 0.49 0.26 CanAlaska Uran* O 133 0.31 0.27 0.27 - 0.02 0.37 0.21 CanAm Coal* O 250 0.00 0.00 0.00 + 0.00 0.01 0.00 Canamex Gold V 94 0.13 0.12 0.13 + 0.01 0.28 0.08 Canamex Gold* O 16 0.10 0.09 0.10 unch 0.00 0.22 0.06 Canarc Res T 276 0.08 0.07 0.07 - 0.01 0.11 0.06 Canarc Res* O 223 0.06 0.05 0.05 - 0.01 0.08 0.04 Canasil Res V 130 0.12 0.11 0.12 + 0.01 0.20 0.10 O 10 0.52 0.48 0.48 - 0.04 1.08 0.06 Candelaria Mg* Candelaria Mg V 29 0.65 0.50 0.50 - 0.03 1.04 0.46 Candente Coppr T 82 0.10 0.09 0.09 + 0.01 0.21 0.06 Candente Gold* O 4 0.01 0.01 0.01 unch 0.00 0.04 0.00 V 1181 0.03 0.03 0.03 + 0.01 0.06 0.02 Candente Gold Canex Energy V 47 0.31 0.00 0.31 + 0.04 0.42 0.18 CANEX Metals V 24 0.05 0.00 0.05 unch 0.00 0.11 0.03 CANEX Metals * O 103 0.05 0.00 0.04 - 0.00 0.08 0.02 CaNickel Mng* O 0 0.08 0.00 0.08 - 0.01 0.23 0.08 CaNickel Mng V 17 0.12 0.00 0.10 - 0.01 0.33 0.09 Canterra Mnls V 232 0.04 0.03 0.03 - 0.01 0.06 0.02 Cantex Mn Dev* O 0 0.01 0.01 0.01 unch 0.00 0.03 0.01 Cantex Mn Dev V 31 0.03 0.00 0.02 - 0.01 0.06 0.02 Canuc Res V 128 0.23 0.17 0.19 + 0.06 0.60 0.13 0.10 Canuc Res* O 96 0.13 0.10 0.13 + 0.03 0.41 Canyon Copper* O 37 0.09 0.07 0.07 - 0.02 0.22 0.04 Canyon Copper V 1048 0.11 0.09 0.10 - 0.01 0.29 0.06 Capstone Mng T 1762 1.28 1.15 1.26 + 0.08 1.62 0.77 Caracara Silvr V 241 0.02 0.01 0.01 - 0.01 0.03 0.01 Caracara Silvr* O 18 0.01 0.01 0.01 unch 0.00 0.01 0.00 Cardero Res V 382 0.15 0.12 0.14 + 0.01 0.22 0.07 0.05 Cardero Res* O 6 0.11 0.00 0.10 - 0.00 0.17 Cardinal Res* O 1 0.43 0.43 0.43 unch 0.00 0.46 0.35 0.43 Cardinal Res T 793 0.59 0.50 0.54 + 0.03 1.05 Cariboo Rose V 171 0.04 0.04 0.04 + 0.01 0.15 0.04 unch 0.00 0.10 0.03 Carlin Gold V 129 0.03 0.03 0.03 Carmax Mng* O 57 0.14 0.13 0.14 - 0.00 0.14 0.03 0.05 Carmax Mng V 413 0.18 0.14 0.17 + 0.03 0.18 Carrara Explor 125 0.33 0.29 0.30 + 0.02 1.00 0.28 Cartier Iron 415 0.09 0.08 0.08 - 0.01 0.25 0.05 Cartier Res V 669 0.17 0.15 0.17 unch 0.00 0.38 0.15 V 44 0.08 0.08 0.08 unch 0.00 0.14 0.05 Carube Copper Casa Minerals V 84 0.21 0.16 0.17 - 0.05 0.22 0.07 Casablanca Mng* O 82 0.00 0.00 0.00 unch 0.00 0.00 0.00 Cascadero Copp V 58 0.10 0.10 0.10 unch 0.00 0.16 0.07 Cassius Vents V 2 0.00 0.00 0.04 unch 0.00 0.07 0.03 0.03 0.03 0.03 unch 0.00 0.04 0.02 Castle Peak Mg V 1064 Cautivo Mining 15 0.35 0.00 0.35 unch 0.00 0.85 0.20 Cava Res V 133 0.25 0.20 0.22 - 0.03 0.35 0.15 Cava Res* O 418 0.18 0.14 0.18 unch 0.00 0.29 0.14 Cavan Vent V 1438 0.16 0.12 0.15 + 0.04 0.40 0.02 0.04 Cda Carbon* O 11 0.11 0.08 0.08 - 0.03 0.18 Cda Carbon V 560 0.14 0.09 0.10 - 0.03 0.25 0.04 Cda Rare Earth V 413 0.09 0.07 0.07 - 0.01 0.10 0.03 Cda Rare Earth* O 50 0.06 0.06 0.06 - 0.01 0.08 0.02 Cda Strtgc Met V 845 0.11 0.10 0.10 - 0.01 0.16 0.09 13 0.08 0.08 0.08 - 0.02 0.12 0.06 Cda Strtgc Met * O Cda Zinc Mtls V 199 0.30 0.29 0.30 + 0.01 0.39 0.22 3 0.18 0.18 0.18 unch 0.00 0.47 0.06 Cdn Intl Mnrls* O Cdn Intl Mnrls V 6 0.25 0.22 0.22 - 0.03 0.50 0.11 Cdn Metals 996 0.11 0.07 0.10 - 0.01 0.20 0.05 Cdn Orebodies* O 25 0.20 0.20 0.20 unch 0.00 0.37 0.14 Cdn Orebodies V 4 0.25 0.00 0.25 - 0.05 0.51 0.17 Cdn Platinum V 38930 0.04 0.02 0.03 + 0.01 0.05 0.01 Cdn Silvr Hunt V 77 0.07 0.00 0.06 unch 0.00 0.12 0.04 Cdn Zinc T 989 0.14 0.12 0.14 + 0.02 0.23 0.12 Cdn Zinc* O 380 0.11 0.09 0.10 + 0.00 0.19 0.09 Centamin T 12 2.73 2.70 2.70 - 0.07 3.18 2.19 Centaurus Diam* O 106 0.12 0.09 0.12 + 0.02 0.20 0.03 Centenera Mng V 907 0.20 0.13 0.18 + 0.05 0.26 0.12 Centenera Mng* O 294 0.16 0.10 0.16 + 0.06 0.21 0.10 Centerra Gold T 2858 8.00 7.59 7.83 + 0.20 9.35 5.90 0.01 Central Iron V 70 0.03 0.02 0.02 - 0.01 0.07 Century Global T 10 0.23 0.19 0.22 + 0.03 0.29 0.13 Cerro Grande* O 60 0.00 0.00 0.00 unch 0.00 0.02 0.00 Cerro Mng V 9 0.20 0.00 0.19 - 0.02 0.22 0.04 Cerro Mng* O 0 0.00 0.00 0.02 unch 0.00 0.02 0.02 Ceylon Graph V 158 0.23 0.18 0.21 + 0.03 0.42 0.15 Chakana Copper V 1057 0.87 0.77 0.77 - 0.09 1.10 0.62 Chakana Copper* O 23 0.69 0.63 0.63 - 0.05 0.79 0.63 Chalice Gold M* O 50 0.12 0.12 0.12 - 0.01 0.25 0.10 Chalice Gold M T 370 0.16 0.16 0.16 + 0.01 0.33 0.14 V 256 0.16 0.13 0.15 unch 0.00 0.23 0.10 Champion Bear Champion Bear* O 703 0.13 0.10 0.13 + 0.01 0.18 0.10 Champion Iron T 22409 1.14 1.05 1.09 - 0.03 1.59 0.85 Champion Iron* O 54 0.90 0.84 0.87 - 0.02 1.22 0.61 Chantrell Vent V 45 0.05 0.05 0.05 - 0.03 0.10 0.05 Chatham Rock V 43 0.29 0.00 0.28 - 0.01 0.58 0.25 Chatham Rock* O 1 0.23 0.00 0.23 + 0.02 0.42 0.20 Chesapeake Gld* O 13 2.18 2.03 2.03 - 0.13 3.23 1.77 Chesapeake Gld V 34 2.74 2.60 2.60 - 0.14 4.08 2.26 Chevron Corp* N 34468 125.00 119.77 122.31 + 2.39 133.88 102.55 269 0.06 0.06 0.06 + 0.01 0.11 0.05 Chiboug Ind Mn V Chilean Metals* O 126 0.03 0.03 0.03 - 0.00 0.12 0.03 Chilean Metals V 422 0.05 0.04 0.04 - 0.01 0.16 0.04 Chimata Gold V 818 0.13 0.11 0.12 unch 0.00 0.19 0.05 China Gold Int T 729 2.70 2.45 2.67 + 0.02 3.19 1.82 China Mnls Mng V 16 0.19 0.19 0.19 - 0.01 0.50 0.16 China Mnls Mng* O 5 0.20 0.14 0.14 - 0.06 0.32 0.14 Cicada Vents V 442 0.02 0.01 0.01 - 0.01 0.03 0.01 CIM Intl Grp 23 0.30 0.29 0.30 unch 0.00 0.79 0.08 Cipher Res* O 70 0.07 0.05 0.05 - 0.00 0.27 0.06 Cipher Res V 228 0.10 0.08 0.08 - 0.02 0.33 0.07

(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

309 Claim Post Res V V 130 Clarmin Explor Clean Comm V 2017 Clean Comm* O 96 V 165 Cleghorn Mnls 78552 N Cleveland-Clif* Clifton Mng* O 111 Cloud Peak En* N 3125 CMC Metals* O 4 CMC Metals V 86 60 CMX Gold & Sil CNRP Mng* O 133 233 Cobalt 27 Cap V Cobalt Block V 514 Cobalt Block* O 1145 Cobalt Pwr Grp* O 576 Cobalt Pwr Grp V 2089 12466 Coeur Mng* N Colibri Res V 55 V 300 Colombia Crest O 5 Colombia Crest* Colonial Coal V 544 O 1 Colorado Gold* O 156 Colorado Res* Colorado Res V 1422 T 222 Columbus Gold O 211 Columbus Gold* V 967 Commander Res O 150 Commerce Res* V 349 Commerce Res V 387 Compass Gold X 4453 Comstock Mng* V 779 Comstock Mtls 22 Comstock Mtls * O Condor Gold* O 0 Condor Gold T 8 Condor Res V 357 O 1 Confedertn Ml* V 70 Confedertn Mls Conquest Res V 610 V 2 Cons Woodjam N 12561 CONSOL Energy* N 3199 CONSOL Energy* V 281 Constantine Mt O 270 Constantine Mt* Contact Gold V 254 O 2 Contact Mnrls* Contintl Gold T 606 Contintl Gold* O 52 Contintl Prec* O 1 Contintl Prec V 182 87 Copper Ck Gold V 65 Copper Ck Gold* O 39 Copper Fox Mtl* O 180 Copper Fox Mtl V 324 Copper Lake Rs V Copper Mtn Mng T 4086 Copper Mtn Mng* O 118 0 Copper North M* O 101 Copper North M V Copper One V 184 462 Copper Reef Mg Copperbank Res 649 O 67 Copperbank Res* 3 Coral Gold * O Coral Gold V 64 O 109 Cordoba Mnls* Cordoba Mnls V 839 Core Gold V 321 Core Gold* O 91 Corex Gold V 25 Corex Gold* O 3 V 1076 Cornerstone Ca O 174 Cornerstone Ca* O 144 Cornerstone Mt* V 948 Cornerstone Mt Coro Mining T 360 Coronet Mtls* O 81 Coronet Mtls 474 78 Corsa Coal * O Corsa Coal V 226 Corvus Gold T 201 Corvus Gold* O 116 CR Capital V 4 0 Crazy Horse Res* O Critical Elem V 863 Critical Elem* O 98 Crown Mining V 143 O 4 Crown Mining* Cruz Cobalt* O 536 Cruz Cobalt V 1084 Crystal Lake V 965 Crystal Lake* O 35 Crystal Peak* O 6 Crystal Peak V 138 CTGX Mining* O 0 525 Currie Rose Rs V 6 CWN M’g Acq V O 24 Cyclone Uran* Cypress Dev* O 405 Cypress Dev V 2751

0.11 0.09 0.10 unch 0.00 0.13 0.03 0.19 unch 0.00 0.50 0.22 0.00 0.20 0.05 0.06 0.05 0.06 - 0.01 0.21 0.03 0.05 0.04 0.05 - 0.01 0.16 0.05 unch 0.00 0.11 0.10 0.09 0.10 5.56 8.03 6.78 7.72 + 0.76 9.15 0.05 0.09 0.06 0.09 - 0.00 0.14 3.30 2.94 3.13 + 0.06 5.70 2.76 0.03 0.03 0.03 0.03 - 0.00 0.08 0.04 0.05 0.04 0.04 - 0.01 0.12 0.05 0.05 0.05 unch 0.00 0.12 0.04 0.02 0.44 0.26 0.31 - 0.11 1.98 13.00 11.92 12.34 + 0.44 14.00 7.42 0.01 0.29 0.25 0.29 + 0.01 0.40 0.02 0.25 0.20 0.25 + 0.03 0.32 0.14 0.12 0.13 - 0.01 0.29 0.06 0.18 0.15 0.18 + 0.01 0.35 0.08 6.71 8.89 8.35 8.75 + 0.11 9.98 0.07 unch 0.00 0.28 0.10 0.09 0.10 0.05 0.14 0.02 0.14 - 0.01 0.40 0.00 unch 0.00 0.03 0.01 0.01 0.01 0.08 0.30 0.20 0.23 - 0.07 0.40 0.00 unch 0.00 0.00 0.00 0.00 0.00 0.10 0.15 0.12 0.14 + 0.01 0.37 0.13 0.19 0.16 0.17 + 0.03 0.46 0.30 0.35 0.33 0.34 + 0.01 0.97 0.24 unch 0.00 0.73 0.28 0.26 0.26 0.03 unch 0.00 0.06 0.04 0.04 0.04 0.05 0.07 0.05 0.05 - 0.01 0.08 0.07 0.08 0.07 0.07 - 0.01 0.10 0.38 0.50 0.47 0.48 - 0.02 0.80 0.21 0.40 0.32 0.33 - 0.01 1.12 0.05 0.06 0.05 0.05 - 0.01 0.18 0.05 0.04 0.04 - 0.00 0.13 0.04 0.60 unch 0.00 0.90 0.00 0.00 0.65 0.47 unch 0.00 1.75 1.02 0.00 1.02 0.08 0.11 0.08 0.10 + 0.02 0.19 0.26 0.00 0.60 unch 0.30 0.00 0.30 0.39 0.41 0.39 0.39 - 0.01 0.81 0.01 0.04 0.03 0.04 + 0.01 0.10 0.04 unch 0.00 0.09 0.00 0.00 0.06 11.69 16.52 15.49 15.64 - 0.10 18.09 19.51 36.17 29.16 33.91 + 2.39 41.89 0.14 0.16 0.15 0.16 - 0.01 0.35 0.11 0.13 0.12 0.13 - 0.00 0.28 0.37 0.45 0.40 0.42 + 0.01 1.10 0.05 unch 0.00 0.35 0.28 0.27 0.28 2.62 3.57 3.48 3.53 + 0.05 4.13 1.90 2.84 2.74 2.74 - 0.02 3.22 0.20 0.26 0.00 0.26 + 0.00 0.30 0.26 0.37 0.32 0.37 + 0.05 0.38 0.45 0.00 0.45 + 0.05 0.45 0.07 0.36 0.30 0.36 + 0.03 0.36 0.09 0.09 0.08 0.08 - 0.00 0.15 0.07 0.11 0.10 0.10 unch 0.00 0.18 0.10 0.05 0.04 0.04 - 0.01 0.10 0.03 1.36 1.18 1.34 + 0.12 1.85 0.72 1.08 0.99 1.05 + 0.07 1.47 0.54 0.03 0.00 0.03 - 0.00 0.08 0.03 0.05 0.05 0.05 + 0.01 0.11 0.05 0.03 0.16 0.14 0.16 + 0.02 0.22 0.03 0.02 0.02 - 0.01 0.03 0.01 0.06 0.08 0.06 0.07 - 0.01 0.18 0.04 0.06 0.04 0.05 - 0.00 0.14 0.33 0.30 0.30 - 0.02 0.35 0.21 0.30 0.40 0.39 0.39 - 0.02 0.43 0.12 0.14 0.12 0.12 - 0.01 0.85 0.15 0.18 0.15 0.16 - 0.01 1.17 0.22 0.30 0.28 0.30 + 0.02 0.40 0.18 0.24 0.22 0.24 + 0.00 0.34 0.10 0.13 0.13 0.13 - 0.01 0.20 0.07 unch 0.00 0.16 0.12 0.12 0.12 0.15 unch 0.00 0.55 0.27 0.24 0.26 0.13 0.21 0.19 0.20 - 0.00 0.44 0.13 0.42 0.36 0.42 - 0.02 0.52 0.07 0.55 0.46 0.52 - 0.02 0.66 0.09 unch 0.00 0.16 0.09 0.09 0.09 0.07 unch 0.00 0.24 0.20 0.15 0.20 0.17 unch 0.00 0.25 0.21 0.00 0.20 1.36 1.17 1.21 - 0.14 2.25 1.00 1.20 1.73 1.20 1.55 - 0.16 2.30 0.69 2.68 2.52 2.63 + 0.05 2.70 0.53 2.11 2.01 2.06 + 0.01 2.13 0.07 0.12 0.11 0.11 - 0.01 0.15 0.00 0.00 0.15 unch 0.00 0.18 0.12 0.67 1.15 1.03 1.12 + 0.01 1.86 0.49 0.88 0.85 0.88 + 0.01 1.48 0.07 0.17 0.15 0.17 + 0.01 0.28 0.05 unch 0.00 0.21 0.12 0.12 0.12 0.12 0.24 0.20 0.21 - 0.02 0.35 0.18 0.30 0.25 0.26 - 0.03 0.41 0.16 0.65 0.46 0.58 + 0.11 1.12 0.13 0.47 0.37 0.43 + 0.02 0.84 0.21 0.28 0.26 0.28 + 0.03 0.46 0.30 0.37 0.32 0.37 + 0.06 0.58 0.10 unch 0.00 0.10 0.00 0.00 0.10 0.20 0.09 0.09 unch 0.00 0.20 0.04 0.14 0.11 0.11 - 0.03 0.25 0.10 0.00 0.00 0.00 0.00 + 0.00 0.02 0.06 0.33 0.24 0.31 + 0.06 0.30 0.08 0.43 0.30 0.39 + 0.09 0.40

Dajin Res V 392 Dajin Res* O 305 10 Dakota Ter Res* O Daleco Res* O 345 O 134 Dalradian Res* Dalradian Res T 722 Damara Gold V 73 Damara Gold* O 6 Danakali* O 27 Debut Dmds 6282 Decade Res V 2034 Decade Res* O 385 Declan Res 3 V 37 Deep-South Res Defiance Silvr V 434 O 196 Defiance Silvr* Delrand Res V 270 T 3377 Denison Mines X 3862 Denison Mines* Desert Gold V 93 Desert Lion* O 26 Desert Lion V 824 110 Desert Mtn Egy V Detour Gold T 3812 O 1673 Diamante Min* Diamcor Mng V 100 O 148 Diamcor Mng* O 375 Diamond Disc* V 0 Diamond Fields O 44 Diamond Fields* Dios Expl V 335 O 260 Discovery Gold* V 78 Discovery Met O 14 Discovery Met* 49942 O Discovery Mnls* V 590 Discovery-Corp Ditem Explor* O 2 O 0 Diversified Rs* DNI Metals 1002 DNI Metals* O 208 Dolat Ventures* O 113 Dolly Vard Sil* O 154 366 Dolly Vard Sil V V 440 Doubleview Cap DRDGOLD* N 503 295 Duncan Park H V 682 Dundee Prec Mt T O 28 Dunnedin Vent* Duran Vent V 263 0 Duran Vent * O Durango Res V 1468 DV Resources V 100 153 Dynacor Gld Mn T 32 Dynacor Gld Mn* O O 1 Dynamic Gold* O 36 DynaResource* Dynasty Gold V 25 O 21 Dynasty Gold* E3 Metals V 65 V 315 Eagle Graphite O 5 Eagle Graphite* Eagle Plains V 359 151 V East Africa

0.08 0.11 0.10 0.11 - 0.01 0.22 0.06 0.09 0.07 0.09 - 0.00 0.17 0.09 0.00 0.09 - 0.01 0.10 0.03 0.00 unch 0.00 0.01 0.00 0.00 0.00 0.72 0.94 0.85 0.89 + 0.01 1.37 0.91 1.15 1.05 1.15 + 0.03 1.78 0.04 0.05 0.05 0.05 - 0.01 0.22 0.02 unch 0.00 0.14 0.04 0.04 0.04 0.49 unch 0.00 0.65 0.56 0.55 0.55 0.01 0.02 0.01 0.01 - 0.01 0.03 0.05 unch 0.00 0.20 0.06 0.05 0.05 0.04 0.05 0.04 0.04 - 0.00 0.16 0.06 0.17 0.00 0.17 - 0.06 0.34 0.08 0.34 0.00 0.32 - 0.02 0.45 0.22 0.44 0.38 0.40 + 0.03 0.44 0.17 0.35 0.30 0.33 + 0.04 0.35 0.78 1.05 0.86 0.92 - 0.03 2.44 0.50 0.67 0.60 0.64 + 0.04 0.82 0.38 0.53 0.47 0.50 + 0.03 0.64 0.14 unch 0.00 0.31 0.20 0.19 0.19 1.01 1.03 0.84 0.91 - 0.09 1.03 1.12 1.30 1.10 1.17 - 0.12 2.35 0.16 0.13 0.16 + 0.02 0.24 0.06 11.48 15.40 14.61 15.01 + 0.42 18.88 0.02 0.14 0.11 0.13 - 0.01 0.15 0.35 unch 0.00 1.06 0.40 0.38 0.38 0.28 0.30 0.30 0.30 - 0.00 0.76 0.00 unch 0.00 0.00 0.00 0.00 0.00 0.08 unch 0.00 0.20 0.00 0.00 0.10 0.06 unch 0.00 0.12 0.08 0.07 0.07 0.06 0.12 0.10 0.10 - 0.02 0.19 0.00 0.00 0.00 0.00 + 0.00 0.00 0.27 0.34 0.00 0.28 - 0.05 0.92 0.22 unch 0.00 0.69 0.22 0.22 0.22 0.00 unch 0.00 0.00 0.00 0.00 0.00 0.01 unch 0.00 0.04 0.02 0.01 0.02 0.00 unch 0.00 0.00 0.00 0.00 0.00 0.02 unch 0.00 0.15 0.00 0.00 0.03 0.06 0.09 0.07 0.09 + 0.01 0.16 0.00 0.07 0.05 0.07 + 0.00 0.13 2.20 1.70 2.10 - 0.10 15.80 0.80 0.58 0.54 0.56 + 0.00 0.84 0.36 0.73 0.68 0.71 + 0.01 1.04 0.45 0.04 0.10 0.09 0.09 - 0.01 0.11 2.47 2.70 2.45 2.47 - 0.20 4.60 0.01 0.01 0.01 unch 0.00 0.02 0.01 3.35 3.18 3.30 + 0.05 3.38 2.13 0.13 0.25 0.23 0.24 + 0.00 0.26 0.04 0.07 0.00 0.05 - 0.01 0.13 0.00 0.00 0.05 unch 0.00 0.08 0.03 0.06 0.09 0.07 0.09 + 0.02 0.14 0.10 0.34 0.00 0.34 - 0.01 0.63 1.97 1.85 1.91 + 0.04 2.26 1.50 1.55 1.47 1.47 - 0.00 1.85 1.03 0.52 unch 0.00 2.01 1.50 1.50 1.50 0.65 unch 0.00 1.63 1.22 1.09 1.22 0.10 0.21 0.18 0.21 + 0.01 0.27 0.07 unch 0.00 0.22 0.16 0.16 0.16 0.32 0.43 0.35 0.43 + 0.08 1.01 0.02 0.03 0.03 0.03 + 0.01 0.05 0.01 0.03 0.01 0.03 + 0.02 0.03 0.13 0.18 0.16 0.18 + 0.02 0.29 0.22 0.19 0.21 + 0.02 0.37 0.18

D-F

2018-04-24 9:57 AM

GLOBAL MINING NEWS

(100s) Stock

THE NORTHERN MINER / APRIL 30–MAY 13, 2018

Week

12-month

Exc Volume High Low Last Change High Low

East Africa * O 27 East Asia Mnls* O 699 East Asia Mnls V 839 EastCoal Inc V 2 Eastern Platin* O 140 Eastern Platin T 115 Eastern Res* O 0 Eastfield Res V 130 Eastmain Res* O 227 Eastmain Res T 951 Eco Oro Mnls 85 Eco Oro Mnls* O 60 eCobalt Solns T 1587 eCobalt Solns* O 532 Edgewater Expl V 25 El Capitan Prc* O 1219 El Nino Vent* O 550 El Nino Vent V 17 Elcora Res V 254 Elcora Res* O 113 Eldorado Gold* N 72362 Eldorado Gold T 8178 Electra Stone V 1401 Eloro Mnrls* O 12 Eloro Mnrls V 104 Ely Gold Royal V 366 Ely Gold Royal* O 79 Elysee Dev V 17 Elysee Dev * O 63 Emerita Res V 301 Emgold Mng V 3 Emgold Mng* O 1 Empire Rock V 3 EMX Royalty* X 167 EMX Royalty V 122 O 557 Encanto Potash* Encanto Potash V 1998 EnCore Energy V 481 T 1315 Endeavour Mng Endeavour Mng* O 107 Endeavr Silver* N 11127 Endeavr Silver T 2574 Endurance Gold V 499 Energy Fuels* X 3216 Energy Fuels T 897 O 24 Enforcer Gold* Enforcer Gold V 487 Engold Mines* O 300 Engold Mines V 190 Ensurge* O 251 Entree Gold* X 292 Entree Gold T 98 Equitorial Ex V 1247 Equitorial Ex* O 280 Erdene Res Dev T 356 32 Erdene Res Dev* O Erin Ventures* O 6 Erin Ventures V 301 Ero Copper T 884 Ero Copper* O 26 0 Eros Res Corp* O Eros Res Corp V 226 226 Eros Res Corp V Eskay Mng V 66 Essex Minerals V 44 Ethos Gold* O 12 Ethos Gold V 190 Euro Sun Mg* O 7 156 Euro Sun Mg T EurOmax Res* O 2 EurOmax Res T 3 European Elect* O 11 European Elect V 10 European Metal* O 4 V 130 Eurotin Everton Res V 929 Everton Res* O 3 65 EVI Global Grp Evolving Gold 15 Evolving Gold* O 22 Evrim Res V 5850 Excellon Res T 1151 Excellon Res* O 133 O 117 Excelsior Mng* Excelsior Mng T 352 ExGen Res Inc V 1066 ExGen Res Inc* O 217 Explor Res* O 24 Explor Res V 193 Explorex Res* O 18 Explorex Res 131 Fairmont Res V 380 O 100 Fairmont Res* Falco Res V 740 Falco Res * O 17 Falcon Gold V 619 Fancamp Expl V 121 Far Res 867 Far Res* O 50 Fengro Industr V 34 Filo Mg Corp V 58 Finlay Minrls V 223 Fiore Gold* O 530 Fiore Gold V 686 Fire River Gol* O 5 Firebird Res V 170 Firesteel Res V 257 Firestone Vent V 190 Fireweed Zinc V 194 Fireweed Zinc* O 9 Firma Holdings* O 59 First Bauxite V 289 First Cobalt * O 825 First Cobalt V 3402 First Colombia* O 5335 First Energy* O 2 First Energy V 220 First Idaho V 100 First Legacy V 56 First Liberty* O 2223 First Majestic T 3715 First Majestic* N 12586 First Mexican V 2054 First Mg Fin * O 5190 First Mg Fin T 5914 First Point* O 20 First Quantum T 10313 Fission 3.0 V 1478 Fission Uran T 3074 Fission Uran* O 1619 Five Star Diam V 1267 Fjordland Exp V 158 O 0 Fjordland Exp* Flowery Gold* O 1 Focus Graphite* O 441 Focus Graphite V 579 Focus Vent V 2054 Foran Mng V 883 Forsys Metals T 733 Fort St James V 25 Fortescue Met* O 53 Fortuna Silvr* N 4764 Fortuna Silvr T 2388 Fortune Bay* O 9 Fortune Bay V 2 Fortune Mnrls* O 566 Fortune Mnrls T 2317 Forum Energy V 113 O 18 Forum Energy* Four Nines 25 Fox River Res 164 Fox River Res* O 8 FPX Nickel V 337 Franco-Nevada* N 3314 Franco-Nevada T 2338 Franklin Mng* O 2 Freedom Egy V 53 Freegold Vent T 82 Freeport McMoR* N 77221 Freeport Res V 781 Fremont Gold V 350 Fremont Gold* O 34 Fresnillo plc* O 3 Frontier Lith V 307 Frontline Gold V 732 Full Metal Mnl* O 0 Full Metal Mnl V 2 Fura Gems* O 6 Fura Gems V 43

0.15 0.15 0.15 + 0.00 0.28 0.15 0.04 0.04 0.04 + 0.01 0.49 0.03 0.05 0.05 0.05 unch 0.00 0.74 0.05 0.00 0.00 0.12 unch 0.00 0.30 0.07 0.32 0.30 0.31 + 0.01 0.37 0.19 0.40 0.38 0.40 + 0.01 0.50 0.23 0.00 0.00 0.04 unch 0.00 0.10 0.03 0.04 0.04 0.04 unch 0.00 0.05 0.03 0.23 0.19 0.21 + 0.01 0.36 0.14 0.29 0.24 0.28 + 0.04 0.50 0.16 0.30 0.26 0.26 - 0.04 0.45 0.15 0.23 0.00 0.22 - 0.03 0.40 0.12 1.42 1.34 1.41 + 0.03 2.10 0.85 1.14 1.05 1.11 + 0.02 1.74 0.61 0.13 0.13 0.13 unch 0.00 0.22 0.12 0.03 0.03 0.03 - 0.00 0.09 0.03 0.04 0.04 0.04 unch 0.00 0.06 0.02 0.05 0.05 0.05 - 0.01 0.08 0.02 0.37 0.31 0.34 - 0.03 0.56 0.13 0.30 0.25 0.27 - 0.02 0.44 0.12 1.01 0.94 0.98 + 0.04 3.76 0.80 1.27 1.18 1.24 + 0.04 5.13 1.03 0.02 0.02 0.02 unch 0.00 0.04 0.01 0.61 0.55 0.56 - 0.06 0.96 0.53 0.80 0.69 0.76 - 0.05 1.27 0.53 0.13 0.12 0.13 unch 0.00 0.15 0.09 0.10 0.09 0.10 + 0.01 0.13 0.07 0.36 0.34 0.36 + 0.02 0.44 0.26 0.29 0.26 0.29 + 0.03 0.31 0.20 0.11 0.10 0.10 - 0.01 0.17 0.08 0.15 0.00 0.15 unch 0.00 0.31 0.15 0.10 0.00 0.10 + 0.00 0.25 0.10 0.18 0.18 0.18 - 0.04 0.30 0.16 0.89 0.87 0.88 - 0.01 1.04 0.67 1.13 1.11 1.13 + 0.02 1.32 0.85 0.03 0.02 0.03 + 0.01 0.07 0.02 0.04 0.03 0.04 unch 0.00 0.10 0.03 0.05 0.05 0.05 unch 0.00 0.10 0.04 22.33 21.36 21.62 - 0.51 26.86 19.77 17.66 16.93 16.97 - 0.64 21.72 14.41 3.24 2.78 3.06 + 0.25 3.39 1.94 4.09 3.50 3.91 + 0.36 4.62 2.50 0.08 0.07 0.08 + 0.01 0.09 0.05 2.09 1.82 1.94 + 0.12 2.09 1.30 2.65 2.30 2.46 + 0.17 2.73 1.66 0.06 0.06 0.06 + 0.00 0.18 0.05 0.08 0.07 0.07 unch 0.00 0.25 0.07 0.20 0.19 0.19 unch 0.00 0.50 0.14 0.26 0.23 0.26 + 0.01 0.68 0.14 0.04 0.03 0.04 + 0.00 0.12 0.02 0.39 0.34 0.38 + 0.00 0.69 0.21 0.48 0.00 0.47 - 0.01 0.85 0.45 0.09 0.08 0.08 - 0.01 0.15 0.06 0.06 0.05 0.06 unch 0.00 0.11 0.04 0.41 0.38 0.41 - 0.01 1.40 0.37 0.34 0.31 0.32 - 0.00 1.00 0.28 0.12 0.11 0.12 unch 0.00 0.23 0.01 0.14 0.12 0.14 + 0.01 0.33 0.08 8.50 7.73 8.05 - 0.09 9.07 4.70 6.35 6.33 6.35 - 0.06 7.25 3.88 0.00 0.00 0.09 unch 0.00 0.18 0.09 0.13 0.12 0.12 - 0.01 0.23 0.12 0.13 0.12 0.12 - 0.01 0.23 0.12 0.27 0.24 0.26 + 0.01 0.51 0.18 0.17 0.15 0.15 - 0.02 0.25 0.12 0.13 0.12 0.12 - 0.01 0.23 0.10 0.18 0.16 0.18 unch 0.00 0.28 0.13 1.21 0.00 1.21 + 0.07 1.55 0.49 1.60 1.33 1.60 + 0.18 2.02 0.67 0.16 0.00 0.16 unch 0.00 0.38 0.15 0.21 0.21 0.21 unch 0.00 0.50 0.19 0.45 0.35 0.45 unch 0.00 0.79 0.14 0.40 0.00 0.40 - 0.01 0.93 0.15 0.00 0.00 0.00 unch 0.00 0.01 0.00 0.08 0.08 0.08 unch 0.00 0.10 0.04 0.05 0.04 0.05 - 0.01 0.11 0.03 0.04 0.00 0.04 + 0.01 0.08 0.02 0.30 0.30 0.30 unch 0.00 0.43 0.02 0.13 0.11 0.12 unch 0.00 0.41 0.10 0.10 0.08 0.09 + 0.00 0.32 0.08 1.55 1.20 1.47 + 0.55 1.55 0.19 1.55 1.44 1.51 + 0.08 2.30 1.22 1.23 1.16 1.18 + 0.04 1.87 0.92 1.11 1.03 1.05 - 0.04 1.18 0.52 1.38 1.30 1.33 - 0.02 1.48 0.66 0.02 0.02 0.02 unch 0.00 0.04 0.01 0.01 0.01 0.01 unch 0.00 0.03 0.01 0.04 0.03 0.04 - 0.00 0.08 0.02 0.04 0.04 0.04 + 0.01 0.10 0.04 0.30 0.28 0.28 - 0.02 0.31 0.12 0.37 0.32 0.37 + 0.04 0.65 0.15 0.02 0.02 0.02 unch 0.00 0.08 0.02 0.02 0.02 0.02 unch 0.00 0.03 0.01 0.79 0.72 0.73 - 0.02 1.65 0.72 0.61 0.59 0.59 - 0.02 1.17 0.57 0.06 0.05 0.06 + 0.01 0.08 0.04 0.10 0.08 0.09 + 0.01 0.18 0.05 0.39 0.36 0.36 - 0.03 1.10 0.08 0.32 0.29 0.29 - 0.02 0.87 0.06 0.18 0.17 0.17 unch 0.00 0.40 0.14 2.30 0.00 2.27 + 0.02 2.80 1.81 0.05 0.05 0.05 unch 0.00 0.34 0.05 0.53 0.45 0.47 - 0.03 0.95 0.22 0.68 0.58 0.62 - 0.01 1.18 0.59 0.01 0.01 0.01 - 0.04 0.51 0.00 0.04 0.03 0.03 unch 0.00 0.09 0.01 0.12 0.10 0.12 + 0.03 0.16 0.04 0.10 0.10 0.10 - 0.01 0.19 0.03 1.50 1.40 1.45 - 0.05 1.95 0.67 1.17 1.13 1.14 - 0.08 1.58 0.54 0.08 0.06 0.08 + 0.01 0.13 0.04 0.06 0.04 0.05 - 0.02 0.06 0.03 0.72 0.58 0.61 - 0.08 1.30 0.31 0.89 0.73 0.78 - 0.08 1.65 0.42 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.24 0.23 0.24 + 0.04 0.29 0.10 0.37 0.30 0.37 + 0.09 0.37 0.15 0.06 0.04 0.04 unch 0.00 0.06 0.02 0.24 0.16 0.20 + 0.04 0.25 0.16 0.00 0.00 0.00 unch 0.00 0.00 0.00 8.81 8.20 8.60 + 0.23 12.72 6.24 7.00 6.52 6.76 + 0.10 9.36 4.93 0.02 0.00 0.02 + 0.01 0.03 0.01 0.43 0.38 0.42 + 0.06 0.60 0.31 0.54 0.48 0.54 + 0.10 0.77 0.41 0.13 0.12 0.13 unch 0.00 0.13 0.06 19.07 16.60 18.84 + 1.77 22.00 9.69 0.05 0.04 0.04 - 0.01 0.09 0.04 0.80 0.70 0.71 unch 0.00 0.89 0.53 0.65 0.55 0.56 - 0.01 0.72 0.40 0.17 0.14 0.16 + 0.02 0.55 0.14 0.19 0.17 0.19 + 0.02 0.59 0.10 0.00 0.00 0.13 unch 0.00 0.47 0.07 0.12 0.12 0.12 unch 0.00 0.40 0.12 0.05 0.04 0.04 + 0.01 0.08 0.03 0.06 0.05 0.05 - 0.01 0.11 0.05 0.03 0.02 0.02 unch 0.00 0.06 0.02 0.50 0.40 0.42 - 0.11 0.62 0.24 0.12 0.10 0.11 - 0.01 0.21 0.09 0.46 0.43 0.43 - 0.03 0.59 0.13 3.63 0.00 3.60 + 0.19 4.79 3.22 6.08 5.59 5.93 + 0.32 6.08 4.03 7.63 7.04 7.55 + 0.51 7.63 5.13 0.28 0.00 0.27 - 0.00 0.50 0.23 0.35 0.00 0.35 unch 0.00 0.67 0.35 0.22 0.19 0.20 unch 0.00 0.33 0.00 0.27 0.24 0.25 unch 0.00 0.38 0.17 0.06 0.05 0.06 + 0.01 0.09 0.04 0.04 0.04 0.04 unch 0.00 0.07 0.03 0.11 0.10 0.10 unch 0.00 0.16 0.08 0.06 0.00 0.06 unch 0.00 0.15 0.05 0.05 0.05 0.05 unch 0.00 0.08 0.02 0.18 0.15 0.17 + 0.02 0.18 0.07 73.50 69.71 71.21 + 0.17 86.06 64.90 92.29 88.69 90.77 + 1.27 110.18 85.21 0.00 0.00 0.00 + 0.00 0.01 0.00 0.09 0.08 0.08 unch 0.00 0.14 0.05 0.09 0.00 0.09 - 0.01 0.19 0.08 19.70 17.83 19.36 + 1.49 20.25 11.05 0.07 0.06 0.07 unch 0.00 0.08 0.03 0.17 0.16 0.16 - 0.01 0.22 0.11 0.14 0.12 0.14 - 0.00 0.17 0.10 18.87 18.21 18.40 + 0.01 22.27 16.10 0.61 0.45 0.56 + 0.09 0.85 0.31 0.02 0.02 0.02 unch 0.00 0.03 0.01 0.00 0.00 0.09 unch 0.00 0.12 0.05 0.10 0.00 0.10 - 0.01 0.15 0.08 0.45 0.41 0.41 - 0.00 1.23 0.40 0.56 0.52 0.54 unch 0.00 1.13 0.28

G-H Gabriel Res* O 14 0.29 0.25 0.29 + 0.04 0.34 0.20

20-23_APR30_StockTables.indd 21

(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

Gabriel Res V 61 Gainey Capital V 110 Galane Gold V 235 Galantas Gold* O 25 Galantas Gold V 207 Galore Res V 90 Galway Gold V 79 Galway Mtls* O 262 Galway Mtls V 147 GAR Limited 27038 Garibaldi Res V 2194 Garibaldi Res * O 285 General Moly T 9 General Moly* X 543 Generic Gold 55 Genesis Mtls* O 374 Genesis Mtls V 3140 Gensource Pot V 913 Geologix Expl* O 541 Geologix Expl V 3022 Geomega Res* O 200 Geomega Res V 348 Gespeg Cop Res V 38 Getty Copper V 5 GFG Resources* O 132 GGL Res* O 8 GGL Res V 8 GGX Gold V 918 GGX Gold* O 18 Giga Metals* O 49 Giga Metals V 555 Gitennes Expl V 101 Giyani Gold* O 12 Giyani Gold V 215 Glacier Lake V 195 Gldn Predator V 646 Gldn Predator* O 332 457 Glen Eagle Res V Glencore Plc* O 1768 Global Atomic V 256 Global Cobalt* O 320 Global Energy V 265 Global Energy* O 5 Global Gold* O 0 Global Li-Ion* O 25 Global Li-Ion 123 GlobalMin Vent* O 20 Globex Mng T 83 Globex Mng* O 25 GMV Minerals* O 24 GMV Minerals V 199 O 34000 GNCC Capital* GobiMin V 30 God’s Lake Res 1 GoGold Res T 344 Gold Dynamics* O 10 Gold Fields* O 0 21132 Gold Fields* N Gold Finder Ex V 1902 5 Gold Finder Ex* O Gold Lakes* O 74 Gold Reserve V 65 O 62 Gold Reserve* Gold Resource* X 2248 Gold Std Vents* X 1450 Gold Std Vents T 386 Goldbank Mng V 25 Goldcliff Res* O 115 Goldcliff Res V 110 Goldcorp T 8048 Goldcorp* N 20994 Golden Arrow V 746 Golden Arrow* O 525 Golden Band* O 600 V 77 Golden Cariboo Golden Dawn Ml V 287 Golden Dawn Ml* O 106 Golden Global* O 53 Golden Goliath V 259 O 33 Golden Goliath* Golden Hope* O 27 Golden Hope V 111 Golden Mnls* X 422 Golden Mnls T 25 322 Golden Peak Mn V Golden Queen* O 1235 T 1202 Golden Queen Golden Reign V 408 Golden Ridge V 1518 Golden Secret V 102 Golden Share V 38 Golden Star T 1564 Golden Star* O 2 Golden Star* X 5967 Golden Tag V 289 Golden Valley* O 30 Golden Valley V 314 Goldex Res* O 80 Goldex Res V 520 Goldgroup Mng T 857 Goldgroup Mng* O 162 GoldMining V 483 GoldON Res V 127 Goldplay Expl V 628 GoldQuest Mng V 2690 Goldrea Res 368 Goldrea Res* O 37 Goldrich Mng* O 40 Goldsource Min* O 38 Goldsource Min V 257 Goldstar Mnls V 549 Goldstream Mnl V 16 Goldstrike Res V 161 Goliath Res* O 0 Goliath Res V 847 Gorilla Min 134 Gossan Res V 129 GoviEx Uranium* O 339 V 4308 GoviEx Uranium Gowest Gold* O 174 Gowest Gold V 3767 GPM Metals V 70 GPM Metals* O 30 Gran Colombia* O 34 Gran Colombia T 1419 Granada Gold V 435 Granada Gold* O 17 Grande Portage V 106 Grande Portage* O 100 Graphite Corp* O 911 Graphite Egy* O 787 Graphite Egy 261 Graphite One V 1526 Graphite One* O 174 Gratomic* O 13 Gratomic V 6296 8 Gray Rock Res V Great Atlantic V 179 383 Great Bear Res V Great Bear Res* O 131 Great Lakes Gr* O 6 Great Panther T 682 Great Panther* X 2562 Great Quest Fe V 74 Great Thunder V 85 Great Western* O 1642 Greatbanks Res* O 0 Green Arrow V 6 Green River 420 Green Swan Cap V 43 Green Valley M V 84 Greencastle Rs V 132 Greenland M&En* O 693 Greenshield Ex V 0 Grizzly Discvr V 14 Grizzly Discvr* O 25 Grosvenor Res V 0 Group Eleven V 255 82 Group Ten Mtls* O Group Ten Mtls V 82 GrowMax Res* O 246 GrowMax Res V 1202 GT Gold V 1605 GT Gold * O 99 GTA Res & Mng V 826 Guerrero Vents V 309 Gungnir Res V 272 Gungnir Res* O 62 Gunpoint Expl V 28 Guyana Gldflds T 2012 Guyana Goldstr V 417 Guyana Goldstr* O 64 Handa Copper V 3

0.36 0.35 0.35 + 0.01 0.45 0.26 0.10 0.09 0.09 unch 0.00 0.20 0.08 0.07 0.06 0.06 - 0.01 0.12 0.05 0.08 0.08 0.08 unch 0.00 0.10 0.05 0.11 0.10 0.11 + 0.01 0.13 0.07 0.04 0.04 0.04 unch 0.00 0.06 0.01 0.07 0.07 0.07 unch 0.00 0.16 0.07 0.20 0.17 0.19 + 0.01 0.36 0.16 0.25 0.00 0.25 + 0.03 0.45 0.21 0.30 0.18 0.26 + 0.07 0.65 0.06 3.25 2.70 2.95 + 0.20 5.27 0.12 2.57 2.15 2.34 + 0.18 4.12 0.10 0.50 0.47 0.48 - 0.03 0.61 0.35 0.40 0.36 0.37 - 0.01 0.53 0.28 0.26 0.23 0.26 + 0.03 0.32 0.18 0.07 0.06 0.06 - 0.01 0.18 0.06 0.10 0.07 0.08 - 0.01 0.22 0.07 0.15 0.13 0.13 - 0.01 0.19 0.06 0.03 0.02 0.02 - 0.01 0.07 0.02 0.03 0.02 0.03 - 0.01 0.09 0.02 0.09 0.07 0.07 unch 0.00 0.09 0.04 0.10 0.08 0.09 unch 0.00 0.12 0.06 0.03 0.03 0.03 unch 0.00 0.08 0.03 0.03 0.00 0.03 unch 0.00 0.04 0.02 0.27 0.23 0.26 + 0.02 0.66 0.23 0.09 0.09 0.09 unch 0.00 0.13 0.09 0.12 0.11 0.11 - 0.01 0.19 0.10 0.11 0.10 0.11 unch 0.00 0.24 0.09 0.08 0.08 0.08 unch 0.00 0.17 0.08 0.27 0.21 0.25 - 0.02 0.72 0.11 0.33 0.28 0.30 - 0.03 0.92 0.05 0.06 0.05 0.05 - 0.01 0.15 0.04 0.20 0.18 0.20 - 0.02 0.41 0.17 0.25 0.23 0.23 - 0.02 0.50 0.20 0.08 0.06 0.07 - 0.01 0.19 0.05 0.50 0.46 0.47 - 0.02 1.59 0.45 0.40 0.36 0.37 - 0.03 1.18 0.35 0.17 0.15 0.17 + 0.02 0.31 0.14 10.71 9.77 10.59 + 0.80 11.68 6.90 0.28 0.26 0.26 - 0.02 0.59 0.20 0.01 0.01 0.01 + 0.00 0.43 0.00 0.14 0.12 0.13 + 0.01 0.27 0.10 0.10 0.10 0.10 + 0.00 0.22 0.08 0.00 0.00 2.75 unch 0.00 12.55 1.78 0.34 0.00 0.32 + 0.01 0.80 0.23 0.42 0.40 0.41 - 0.02 0.97 0.30 0.09 0.09 0.09 unch 0.00 0.09 0.04 0.44 0.41 0.41 - 0.02 0.61 0.38 0.35 0.33 0.33 - 0.01 0.48 0.31 0.15 0.15 0.15 - 0.00 0.42 0.14 0.20 0.19 0.20 + 0.01 0.49 0.19 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.38 0.35 0.35 - 0.03 0.58 0.33 0.00 0.00 0.35 unch 0.00 0.35 0.04 0.44 0.41 0.43 + 0.02 0.69 0.31 0.01 0.00 0.00 - 0.00 0.01 0.00 3.96 3.96 3.96 unch 0.00 4.80 3.45 4.09 3.86 4.02 + 0.11 4.70 3.06 0.58 0.33 0.58 + 0.23 1.85 0.11 0.41 0.00 0.40 + 0.10 1.33 0.00 0.08 0.04 0.06 + 0.01 5.00 0.01 3.46 3.28 3.29 - 0.08 5.35 2.61 2.68 2.60 2.65 + 0.13 4.25 1.94 5.33 4.69 5.16 + 0.39 5.33 3.08 1.79 1.65 1.71 + 0.05 2.07 1.25 2.25 2.08 2.20 + 0.10 2.70 1.61 0.16 0.14 0.14 - 0.01 0.34 0.07 0.12 0.10 0.11 + 0.00 0.41 0.08 0.15 0.12 0.14 unch 0.00 0.52 0.10 18.43 17.88 18.24 + 0.12 20.58 15.00 14.66 14.20 14.33 - 0.05 15.55 11.64 0.57 0.51 0.55 - 0.02 0.75 0.37 0.45 0.40 0.43 - 0.01 0.58 0.29 0.00 0.00 0.00 unch 0.00 0.01 0.00 0.09 0.08 0.08 - 0.01 0.19 0.05 0.40 0.27 0.30 - 0.05 0.68 0.24 0.31 0.00 0.30 + 0.18 0.31 0.10 0.15 0.11 0.15 + 0.02 0.19 0.00 0.04 0.03 0.04 unch 0.00 0.06 0.03 0.03 0.03 0.03 + 0.01 0.05 0.02 0.09 0.07 0.07 - 0.01 0.12 0.06 0.10 0.10 0.10 - 0.01 0.17 0.07 0.46 0.41 0.42 - 0.01 0.68 0.36 0.56 0.00 0.54 + 0.01 0.88 0.46 0.35 0.25 0.26 - 0.03 0.50 0.16 0.16 0.14 0.16 + 0.02 0.69 0.12 0.21 0.18 0.21 + 0.03 0.90 0.16 0.22 0.19 0.21 + 0.01 0.37 0.18 0.17 0.15 0.15 unch 0.00 0.41 0.11 0.31 0.30 0.31 + 0.01 0.50 0.19 0.26 0.22 0.25 + 0.04 0.30 0.09 0.94 0.83 0.94 + 0.11 1.17 0.70 1.11 1.11 1.11 unch 0.00 1.50 0.20 0.73 0.66 0.73 + 0.06 0.92 0.56 0.05 0.03 0.05 + 0.01 0.06 0.03 0.23 0.22 0.22 - 0.00 0.25 0.19 0.29 0.27 0.28 - 0.01 0.35 0.24 1.42 0.70 1.42 + 0.67 1.96 0.46 1.87 0.85 1.87 + 0.99 2.56 0.44 0.07 0.06 0.06 unch 0.00 0.12 0.05 0.05 0.04 0.05 - 0.00 0.09 0.03 1.20 1.14 1.20 + 0.03 2.00 1.06 0.18 0.14 0.17 + 0.03 0.20 0.10 0.30 0.26 0.30 + 0.04 0.34 0.12 0.26 0.19 0.26 + 0.06 0.50 0.18 0.15 0.12 0.15 + 0.03 0.38 0.04 0.12 0.09 0.11 + 0.01 0.30 0.03 0.04 0.03 0.03 unch 0.00 0.06 0.02 0.06 0.05 0.06 - 0.00 0.11 0.04 0.08 0.07 0.08 unch 0.00 0.14 0.06 0.05 0.04 0.04 unch 0.00 0.09 0.03 0.09 0.00 0.09 - 0.01 0.13 0.05 0.19 0.18 0.18 - 0.01 0.39 0.17 0.00 0.00 0.06 unch 0.00 0.08 0.01 0.10 0.08 0.10 + 0.02 0.40 0.08 0.17 0.00 0.17 unch 0.00 0.22 0.08 0.10 0.08 0.08 unch 0.00 0.12 0.05 0.20 0.16 0.17 - 0.01 0.27 0.13 0.25 0.21 0.21 - 0.02 0.33 0.17 0.08 0.06 0.06 - 0.01 0.18 0.06 0.10 0.07 0.07 - 0.03 0.25 0.07 0.06 0.06 0.06 - 0.01 0.18 0.06 0.04 0.04 0.04 unch 0.00 0.11 0.04 2.09 1.91 1.99 + 0.11 2.20 1.02 2.65 2.36 2.52 + 0.12 2.87 1.28 0.26 0.24 0.24 - 0.01 0.72 0.21 0.20 0.19 0.19 - 0.01 0.54 0.18 0.20 0.20 0.20 unch 0.00 0.71 0.14 0.16 0.16 0.16 unch 0.00 0.56 0.10 0.00 0.00 0.00 - 0.00 0.01 0.00 0.40 0.27 0.30 - 0.08 1.56 0.27 0.49 0.34 0.39 - 0.07 1.76 0.34 0.08 0.08 0.08 unch 0.00 0.12 0.04 0.07 0.06 0.06 - 0.00 0.09 0.03 0.12 0.12 0.12 unch 0.00 0.21 0.04 0.17 0.12 0.16 + 0.02 0.32 0.05 0.20 0.19 0.19 + 0.02 0.57 0.15 0.09 0.08 0.08 - 0.01 0.24 0.07 0.58 0.52 0.55 + 0.03 0.73 0.22 0.47 0.41 0.43 - 0.00 0.59 0.19 0.07 0.07 0.07 + 0.00 0.08 0.02 1.63 1.47 1.62 + 0.12 1.88 1.39 1.28 1.16 1.26 + 0.08 1.46 1.06 0.12 0.10 0.10 - 0.02 0.24 0.10 0.03 0.03 0.03 unch 0.00 0.10 0.03 0.01 0.00 0.00 - 0.00 0.01 0.00 0.00 0.00 0.02 unch 0.00 0.07 0.02 0.04 0.04 0.04 unch 0.00 0.19 0.03 0.07 0.07 0.07 unch 0.00 0.09 0.01 0.06 0.05 0.05 - 0.01 0.13 0.05 0.45 0.38 0.38 - 0.02 0.50 0.08 0.12 0.11 0.12 - 0.01 0.18 0.07 0.07 0.07 0.07 - 0.00 0.11 0.06 0.00 0.00 0.15 unch 0.00 0.15 0.05 0.08 0.00 0.08 - 0.01 0.14 0.03 0.07 0.07 0.07 unch 0.00 0.11 0.03 0.00 0.00 0.17 unch 0.00 0.21 0.16 0.17 0.15 0.16 - 0.02 0.40 0.15 0.16 0.15 0.15 - 0.02 0.23 0.08 0.22 0.19 0.21 unch 0.00 0.28 0.09 0.08 0.08 0.08 - 0.00 0.13 0.06 0.11 0.10 0.11 + 0.01 0.19 0.09 0.79 0.67 0.79 + 0.12 2.76 0.32 0.61 0.53 0.60 + 0.03 2.24 0.27 0.05 0.00 0.05 + 0.01 0.07 0.04 0.02 0.01 0.01 - 0.01 0.03 0.01 0.14 0.11 0.13 - 0.01 0.22 0.04 0.11 0.09 0.09 - 0.02 0.17 0.03 0.21 0.21 0.21 unch 0.00 0.30 0.16 5.26 4.94 5.03 + 0.08 7.21 3.96 0.22 0.20 0.20 - 0.02 0.38 0.14 0.18 0.15 0.18 + 0.03 0.25 0.14 0.08 0.08 0.08 unch 0.00 0.18 0.06

(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

Handeni Gold* O 2 Hannan Metals V 357 Hannan Metals* O 41 Happy Ck Mnrls V 215 Harfang Explor V 408 Harmony Gold* N 22346 Harte Gold* O 306 Harte Gold T 818 Harvest Gold* O 457 Harvest Gold V 4563 Hawkeye Gld&Di V 447 Heatherdale Rs V 80 Hecla Mining* N 21217 Helio Res V 8 Helio Res* O 2 Hellix Vent* O 10 Hemcare Health* O 1 Heron Res* O 350 Highbank Res V 245 Highbury Proj V 9 Highland Copp* O 295 Highland Copp V 641 94 Highway 50 Gld V Highway 50 Gld* O 275 HiHo Silver 799 Hinterland Mtl V 9 Hochschild Mg* O 3 V 8 Homeland Egy Honey Badger E V 3840 Honey Badger E* O 78 T 159 Horizonte Mnls Hornby Bay Mnl* O 5 27 Hornby Bay Mnl V HudBay Mnls* N 2879 HudBay Mnls T 8492 Hudson Res V 73 Hudson Res* O 14 Hunt Mng* O 27 Hunt Mng V 28 Hut 8 Mining V 227 Hut 8 Mining* O 30 Hybrid Mineral V 378

0.05 0.00 0.05 unch 0.00 0.14 0.02 0.23 0.18 0.21 - 0.03 0.50 0.18 0.18 0.15 0.15 - 0.04 0.36 0.17 0.20 0.16 0.17 - 0.01 0.26 0.14 0.26 0.25 0.26 + 0.01 0.35 0.22 2.11 1.94 1.97 - 0.12 2.53 1.56 0.36 0.34 0.34 - 0.00 0.57 0.26 0.45 0.42 0.43 - 0.02 0.78 0.33 0.05 0.04 0.04 + 0.02 0.05 0.03 0.07 0.04 0.06 + 0.02 0.07 0.03 0.07 0.00 0.06 unch 0.00 0.12 0.05 0.05 0.00 0.04 unch 0.00 0.08 0.04 3.98 3.63 3.92 + 0.16 6.16 3.25 0.14 0.14 0.14 + 0.01 0.88 0.12 0.10 0.09 0.10 + 0.01 0.35 0.00 0.01 0.01 0.01 unch 0.00 0.23 0.01 0.47 0.00 0.46 unch 0.00 2.30 0.11 0.51 0.00 0.48 - 0.05 1.35 0.48 0.04 0.03 0.03 unch 0.00 0.06 0.02 0.25 0.25 0.25 unch 0.00 0.35 0.22 0.11 0.10 0.11 - 0.00 0.14 0.06 0.13 0.12 0.13 - 0.01 0.17 0.09 0.27 0.27 0.27 + 0.04 0.64 0.22 0.22 0.22 0.22 unch 0.00 0.44 0.21 0.07 0.06 0.06 unch 0.00 0.14 0.03 0.03 0.00 0.03 unch 0.00 0.05 0.02 2.83 0.00 2.83 unch 0.00 4.37 2.58 0.29 0.29 0.29 unch 0.00 0.39 0.18 0.15 0.12 0.12 - 0.02 0.20 0.04 0.11 0.10 0.10 - 0.02 0.16 0.03 0.09 0.08 0.09 + 0.01 0.11 0.04 0.04 0.04 0.04 unch 0.00 0.07 0.00 0.06 0.06 0.06 - 0.01 0.08 0.00 7.70 6.80 7.35 + 0.15 10.25 4.60 9.72 8.58 9.39 + 0.32 12.65 6.13 0.54 0.49 0.50 - 0.04 0.77 0.38 0.43 0.38 0.42 + 0.01 0.52 0.29 0.27 0.21 0.27 + 0.01 0.41 0.11 0.34 0.27 0.34 + 0.01 0.51 0.13 3.95 3.50 3.84 + 0.21 5.00 0.04 3.05 2.86 3.00 + 0.14 3.74 2.55 0.45 0.28 0.43 - 0.05 0.55 0.12

I-Minerals V 18 I-Minerals* O 102 IAMGOLD* N 18181 IAMGOLD T 4754 Iconic Mnls V 370 Iconic Mnls * O 7 IDM Mining* O 206 IDM Mining V 1061 IEMR Res V 408 IGC Res V 48 iMetal Res* O 2 iMetal Res V 392 IMPACT Silver V 923 Impala Platnm* O 2 Imperial Metal T 284 Imperial Metal* O 30 102 Imperial Mg Gr V Inca One Gold* O 170 Inca One Gold V 947 Inception Mng * O 10 V 79 Independence G O 5 Independence G* Indiana Res* O 5 Indico Res V 49 Indigo Expl V 630 Infinite Lith V 548 Inform Res V 44 Infrastructure* O 0 Inomin Mines V 135 Inspiration Mg* O 56 Inspiration Mg 366 Intact Gold* O 3 Intact Gold V 858 Integra Res* O 35 Integra Res V 421 Inter-Rock Mnl V 38 Inter-Rock Mnl* O 45 Interconnect V 5 Intercontinent* O 70 Intercontinent V 588 Intgr Egy Sol* O 252 Intl Battery* O 1210 Intl Battery 2872 Intl Bethl Mng V 10 Intl Cobalt* O 252 Intl Cobalt 1666 Intl Corona V 300 Intl Lithium* O 50 Intl Lithium V 593 Intl Millm Mng V 429 Intl Montoro* O 162 Intl Montoro V 244 Intl Prospect * O 15 Intl Prospect V 3 Intl Samuel Ex* O 30 Intl Samuel Ex V 241 93216 Intl Star* O Intl Tower Hil* X 1469 Intl Tower Hil T 185 Intl Zeolite V 401 Intl Zeolite* O 17 Intrepid Pots* N 2466 INV Metals* O 150 INV Metals T 519 Inventus Mg * O 108 Inventus Mg V 367 InZinc Mining V 1539 InZinc Mining* O 23 Ireland* O 125 Ironside Res V 17 Ironside Res * O 23 Irving Res 130 Irving Res* O 84 IsoEnergy Ltd V 670 Itafos* O 3 V 12 Itafos Itoco Mg Corp* O 14 Ivanhoe Mines* O 264 Ivanhoe Mines T 6116 Jade Leader* O 0 Jade Leader V 34 Jaguar Mng T 316 Jaguar Mng* O 137 Japan Gold* O 50 Japan Gold V 139 Jasper Mng* O 25 Jasper Mng V 16 Jaxon Mining* O 3 Jaxon Mining V 361 Jayden Res* O 9 Jayden Res V 7 JDF Explor Inc 12 Jiminex V 655 Jiulian Res V 23 Jourdan Res V 411 Jubilee Gold V 29 Jubilee Metals* O 10 V 323 Juggernaut Exp K2 Gold V 44 K92 Mng Inc* O 1102 K92 Mng Inc V 1652 Kaizen Discov V 332 Kaizen Discvry* O 60 Kapuskasing Gd V 112 Karmin Expl V 12 Karnalyte Res T 19 Karoo Expl V 276 KAT Expl* O 2150 Katanga Mng T 1878 Kenadyr Mining V 935 Kenadyr Mining* O 36 Kennady Diam V 5 Kermode Res V 108 Kerr Mines* O 222 Kerr Mines T 969 Kesselrun Res* O 10 Kesselrun Res V 840 Kestrel Gold V 331 Khan Res 400 Kilo Goldmines V 1666 Kilo Goldmines* O 47 Kincora Copper* O 2 Kincora Copper V 49 Kings Bay Res* O 12 Kings Bay Res V 547 Kingsmen Res V 179 Kingsmen Res* O 365 Kinross Gold T 8936

0.28 0.00 0.28 + 0.01 0.60 0.24 0.23 0.21 0.23 + 0.01 0.44 0.18 5.73 5.42 5.54 - 0.04 7.25 3.55 7.19 6.91 7.06 + 0.04 8.87 4.89 0.11 0.09 0.10 unch 0.00 0.43 0.04 0.09 0.08 0.08 - 0.01 0.28 0.03 0.06 0.05 0.06 + 0.01 0.12 0.05 0.08 0.07 0.07 unch 0.00 0.16 0.06 0.02 0.02 0.02 - 0.01 0.05 0.01 0.25 0.17 0.19 + 0.04 0.25 0.05 0.06 0.06 0.06 unch 0.00 0.12 0.05 0.10 0.08 0.10 + 0.02 0.18 0.04 0.56 0.47 0.55 + 0.08 0.71 0.26 2.10 2.10 2.10 unch 0.00 3.33 2.10 2.34 1.97 2.29 + 0.24 6.25 1.85 1.68 0.00 1.68 + 0.06 4.46 1.46 0.12 0.09 0.09 - 0.03 0.27 0.05 0.06 0.05 0.05 - 0.01 0.11 0.04 0.07 0.07 0.07 - 0.01 0.16 0.06 0.20 0.00 0.17 - 0.10 0.44 0.11 0.10 0.00 0.10 - 0.01 0.23 0.10 0.08 0.07 0.07 - 0.01 0.17 0.07 0.05 0.05 0.05 unch 0.00 0.07 0.03 0.02 0.01 0.01 - 0.01 0.03 0.01 0.03 0.03 0.03 - 0.01 0.06 0.03 0.18 0.14 0.18 + 0.02 0.45 0.12 0.20 0.20 0.20 unch 0.00 0.39 0.07 0.00 0.00 0.00 unch 0.00 0.01 0.00 0.12 0.10 0.10 - 0.03 0.20 0.02 0.06 0.05 0.06 + 0.01 0.20 0.01 0.08 0.06 0.07 + 0.01 0.27 0.01 0.29 0.29 0.29 unch 0.00 0.29 0.08 0.47 0.37 0.47 + 0.10 0.46 0.15 0.80 0.78 0.78 - 0.02 1.83 0.05 1.01 0.96 0.97 - 0.03 1.40 0.96 0.41 0.35 0.38 + 0.01 0.59 0.15 0.29 0.29 0.29 unch 0.00 0.35 0.19 0.08 0.08 0.08 unch 0.00 0.09 0.05 0.32 0.24 0.32 + 0.03 0.32 0.07 0.43 0.33 0.40 + 0.04 0.43 0.08 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.50 0.39 0.39 - 0.04 1.11 0.15 0.63 0.50 0.50 - 0.05 1.38 0.26 0.09 0.09 0.09 unch 0.00 0.17 0.03 0.20 0.17 0.19 + 0.00 0.31 0.15 0.25 0.22 0.25 + 0.01 0.45 0.08 0.06 0.05 0.05 unch 0.00 0.10 0.03 0.07 0.05 0.07 + 0.00 0.18 0.05 0.09 0.08 0.08 unch 0.00 0.23 0.07 0.03 0.03 0.03 unch 0.00 0.04 0.01 0.04 0.04 0.04 - 0.00 0.06 0.03 0.06 0.00 0.05 unch 0.00 0.13 0.03 0.20 0.19 0.20 unch 0.00 0.28 0.05 0.24 0.00 0.24 unch 0.00 0.36 0.04 0.04 0.04 0.04 unch 0.00 0.12 0.04 0.04 0.04 0.04 unch 0.00 0.15 0.04 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.77 0.67 0.69 - 0.06 0.78 0.29 0.96 0.87 0.88 - 0.06 0.99 0.38 0.38 0.32 0.32 - 0.08 0.93 0.26 0.31 0.26 0.26 - 0.05 0.72 0.20 4.37 3.95 4.15 + 0.12 5.12 1.58 0.48 0.48 0.48 unch 0.00 0.80 0.44 0.61 0.58 0.60 unch 0.00 1.07 0.56 0.14 0.14 0.14 - 0.01 0.31 0.11 0.19 0.17 0.18 unch 0.00 0.39 0.13 0.13 0.11 0.11 - 0.01 0.24 0.10 0.10 0.09 0.09 - 0.00 0.19 0.07 0.17 0.14 0.16 unch 0.00 0.32 0.09 0.12 0.00 0.12 unch 0.00 0.21 0.07 0.10 0.10 0.10 unch 0.00 0.12 0.06 1.50 1.31 1.36 - 0.10 1.54 0.60 1.20 1.05 1.10 - 0.05 1.24 0.09 0.36 0.00 0.35 unch 0.00 1.05 0.26 2.18 0.00 2.05 - 0.13 2.25 0.97 2.74 2.51 2.60 - 0.20 2.90 1.14 0.19 0.00 0.19 + 0.12 1.47 0.05 2.25 2.11 2.19 - 0.01 4.04 1.90 2.86 2.64 2.84 + 0.06 5.17 2.51 0.00 0.00 0.38 unch 0.00 0.38 0.04 0.31 0.29 0.29 - 0.02 0.50 0.04 0.36 0.34 0.35 + 0.01 0.61 0.22 0.29 0.26 0.27 - 0.01 0.45 0.18 0.19 0.19 0.19 - 0.00 0.30 0.16 0.25 0.00 0.23 + 0.01 0.40 0.18 0.09 0.09 0.09 unch 0.00 0.15 0.05 0.10 0.10 0.10 - 0.02 0.18 0.06 0.11 0.11 0.11 unch 0.00 0.27 0.08 0.15 0.13 0.14 - 0.01 0.41 0.06 0.07 0.00 0.06 - 0.02 0.30 0.05 0.08 0.00 0.08 - 0.01 0.38 0.07 0.10 0.05 0.10 + 0.05 0.05 0.01 0.03 0.02 0.02 unch 0.00 0.06 0.01 0.08 0.08 0.08 unch 0.00 0.08 0.02 0.07 0.07 0.07 - 0.01 0.20 0.04 0.50 0.40 0.40 - 0.10 0.73 0.35 0.05 0.05 0.05 unch 0.00 0.06 0.04 0.23 0.19 0.21 + 0.01 0.59 0.10 0.31 0.28 0.29 + 0.02 0.56 0.18 0.71 0.61 0.62 - 0.02 0.86 0.31 0.89 0.78 0.78 - 0.03 1.06 0.41 0.07 0.06 0.07 + 0.01 0.21 0.06 0.06 0.05 0.06 + 0.01 0.15 0.05 0.03 0.00 0.02 unch 0.00 0.06 0.02 1.10 1.00 1.10 unch 0.00 1.50 0.32 0.44 0.41 0.42 + 0.01 0.80 0.40 0.74 0.00 0.74 + 0.02 1.10 0.01 0.00 0.00 0.00 unch 0.00 0.00 0.00 1.85 1.67 1.79 + 0.09 2.83 0.35 0.14 0.11 0.14 + 0.02 0.85 0.10 0.11 0.09 0.10 + 0.00 1.45 0.08 3.00 3.00 3.00 - 0.02 3.97 2.45 0.02 0.02 0.02 unch 0.00 0.03 0.01 0.19 0.17 0.18 - 0.00 0.34 0.12 0.24 0.23 0.24 + 0.01 0.41 0.17 0.09 0.09 0.09 unch 0.00 0.17 0.06 0.12 0.10 0.10 - 0.01 0.23 0.08 0.04 0.04 0.04 unch 0.00 0.19 0.03 0.09 0.08 0.08 unch 0.00 0.18 0.05 0.05 0.04 0.04 unch 0.00 0.07 0.03 0.06 0.03 0.03 + 0.00 0.06 0.02 0.11 0.00 0.11 unch 0.00 0.32 0.11 0.15 0.14 0.15 + 0.01 0.46 0.12 0.07 0.05 0.07 unch 0.00 0.12 0.05 0.10 0.09 0.09 unch 0.00 0.16 0.06 0.15 0.15 0.15 unch 0.00 0.20 0.10 0.12 0.00 0.12 - 0.01 0.13 0.07 5.04 4.79 4.93 + 0.10 6.29 4.44

I-J-K

(100s) Stock

Week

21

12-month

Exc Volume High Low Last Change High Low

Kinross Gold* N 44988 Kintavar Exp V 203 Kirkland Lake* N 3027 Kirkland Lake T 2539 Kitrinor Mtls V 628 Kivalliq Enrgy V 576 T 1530 Klondex Mines Klondike Gold V 615 O 199 Klondike Gold* Klondike Silv V 402 Klondike Silv* O 17 Knick Expl V 648 V 246 Kombat Copper V 210 Komet Resource Kootenay Silvr* O 336 Kootenay Silvr V 1263 Kootenay Zinc 32 Kootenay Zinc* O 58 58 Kutcho Copper * O KWG Res 405

4.00 3.78 3.87 + 0.05 4.91 3.35 0.42 0.38 0.40 - 0.02 0.65 0.10 17.74 16.47 16.72 - 0.32 17.74 6.30 22.28 20.97 21.29 - 0.17 22.28 8.67 5.60 4.83 4.96 - 0.38 8.61 1.01 0.08 0.07 0.07 unch 0.00 0.13 0.07 3.16 2.95 3.16 + 0.14 5.03 1.66 0.28 0.23 0.27 + 0.04 0.60 0.22 0.22 0.18 0.20 + 0.02 0.49 0.16 0.08 0.07 0.07 unch 0.00 0.10 0.04 0.06 0.05 0.05 - 0.01 0.08 0.02 0.02 0.02 0.02 unch 0.00 0.08 0.02 0.26 0.22 0.22 - 0.05 0.49 0.21 0.39 0.36 0.36 - 0.04 0.48 0.31 0.15 0.14 0.14 + 0.00 0.24 0.13 0.19 0.17 0.18 unch 0.00 0.31 0.16 0.19 0.17 0.18 unch 0.00 2.75 0.12 0.15 0.10 0.10 - 0.03 3.16 0.07 0.49 0.39 0.47 + 0.08 0.84 0.22 0.02 0.02 0.02 unch 0.00 0.03 0.01

La Imperial 51 Labdr Iron Mns* O 32 Labrador Gold V 409 O 0 Labrador Gold* Labrador Iron T 1755 Lara Expl V 97 Laramide Res T 960 Laredo Res* O 29707 Largo Res T 2394 Largo Res* O 328 Lateral Gold V 4 Latin Am Mnls V 322 Latin Am Mnls* O 25 50 Laurion Mnl Ex* O Laurion Mnl Ex V 492 Le Mare Gold* O 10 Lead Ventures 86 LeadFX Inc* O 1 Leading Edge* O 260 Leading Edge V 276 Leagold Mg T 511 Leagold Mg* O 258 Leeta Gold V 8050 Legion Metals 655 Lepanto Con Mg* O 50 Levon Res Ltd T 303 Levon Res Ltd * O 181 Libero Copper* O 3 Libero Copper V 10 Liberty Gold* O 150 Liberty One Li V 342 Liberty One Li* O 960 LiCo Energy* O 1538 LiCo Energy V 1567 Lincoln Mng V 38 Lion One Mtls V 329 Lion One Mtls* O 190 Lions Bay Cap V 39 Lions Gate Mtl* O 24 Lithion Energy* O 157 Lithium Amer* N 854 Lithium Amer T 1587 Lithium Chile V 121 Lithium Corp* O 1929 Lithium Energi* O 3 Lithium Energi V 229 Lithium Energy V 10 Lithium Expl* O 5566 Lithoquest Dia V 494 Lithoquest Dia* O 2 LKA Gold* O 31 Lode-Star Mg* O 2 Lomiko Mtls* O 258 Lomiko Mtls V 1324 Loncor Res* O 5 Loncor Res T 10 Lone Star Gold* O 198 Lonmin plc* O 11 Lorraine Coppr* O 6 Lorraine Coppr V 19 Los Andes Copp V 319 Lovitt Res V 42 Lovitt Res* O 50 LSC Lithium* O 65 Lucara Diam T 1767 Lucky Mnls V 234 Lucky Mnls * O 222 Lumina Gold* O 15 Lumina Gold V 569 Lund Enterpr V 3 Lundin Gold T 156 T 11206 Lundin Mng Lupaka Gold V 227 Lydian Intl* O 124 Lydian Intl T 989 Lynas Corp* O 150 Lynas Corp* O 104

0.07 0.07 0.07 unch 0.00 0.08 0.04 0.02 0.01 0.02 + 0.01 0.10 0.00 0.35 0.27 0.29 - 0.01 0.35 0.04 0.00 0.00 0.17 unch 0.00 0.18 0.04 23.24 21.42 22.72 + 1.50 28.55 15.10 0.73 0.68 0.73 + 0.03 1.00 0.50 0.42 0.34 0.36 + 0.03 0.55 0.23 0.03 0.01 0.02 - 0.00 0.03 0.00 1.92 1.75 1.92 + 0.16 1.90 0.34 1.51 1.39 1.51 + 0.10 1.50 0.26 0.62 0.60 0.62 + 0.02 1.27 0.57 0.09 0.00 0.08 - 0.01 0.20 0.07 0.07 0.07 0.07 unch 0.00 0.12 0.06 0.04 0.04 0.04 + 0.01 0.05 0.01 0.07 0.05 0.07 + 0.01 0.07 0.01 0.24 0.06 0.06 + 0.00 3.40 0.03 0.18 0.16 0.16 - 0.01 0.60 0.06 1.11 1.11 1.11 - 0.33 1.57 0.26 0.60 0.54 0.56 - 0.02 0.80 0.38 0.74 0.68 0.71 - 0.01 1.01 0.51 2.84 2.69 2.70 - 0.12 3.48 2.27 2.26 2.12 2.14 - 0.08 2.80 1.76 1.65 1.32 1.55 + 0.15 6.75 0.09 0.11 0.10 0.11 + 0.03 0.21 0.08 0.00 0.00 0.00 unch 0.00 0.02 0.00 0.29 0.26 0.27 - 0.02 0.48 0.24 0.22 0.20 0.22 + 0.00 0.36 0.18 0.09 0.09 0.09 unch 0.00 0.18 0.05 0.08 0.00 0.08 - 0.01 0.17 0.07 0.35 0.32 0.33 + 0.00 0.44 0.27 0.45 0.37 0.43 + 0.04 2.49 0.36 0.36 0.30 0.32 + 0.01 1.95 0.27 0.07 0.06 0.07 + 0.00 0.90 0.06 0.09 0.08 0.08 - 0.01 0.20 0.08 0.03 0.03 0.03 - 0.01 0.07 0.03 0.76 0.65 0.72 + 0.07 0.85 0.45 0.62 0.51 0.55 + 0.03 0.63 0.36 0.12 0.11 0.12 + 0.01 0.25 0.10 0.14 0.12 0.12 - 0.01 0.42 0.08 0.07 0.05 0.07 + 0.01 0.12 0.05 5.82 5.14 5.59 + 0.24 10.95 3.08 7.34 6.46 7.09 + 0.38 14.06 3.90 0.96 0.85 0.89 - 0.09 1.35 0.42 0.43 0.24 0.42 + 0.17 0.62 0.05 0.34 0.32 0.33 - 0.00 0.75 0.07 0.42 0.38 0.38 - 0.04 0.97 0.07 0.65 0.00 0.63 - 0.18 1.50 0.36 0.02 0.02 0.02 - 0.00 0.13 0.02 0.62 0.55 0.59 + 0.01 0.88 0.22 0.42 0.00 0.42 unch 0.00 0.51 0.29 0.19 0.13 0.19 unch 0.00 0.61 0.11 0.03 0.00 0.03 unch 0.00 0.10 0.02 0.07 0.05 0.05 - 0.01 0.24 0.03 0.08 0.07 0.07 - 0.01 0.31 0.07 0.06 0.06 0.06 - 0.03 0.14 0.05 0.09 0.08 0.08 unch 0.00 0.20 0.08 0.01 0.01 0.01 - 0.00 0.03 0.00 0.91 0.80 0.90 + 0.10 1.47 0.79 0.12 0.10 0.12 + 0.01 0.12 0.05 0.15 0.13 0.13 - 0.02 0.19 0.06 0.30 0.20 0.30 unch 0.00 0.47 0.20 0.06 0.05 0.05 - 0.01 0.10 0.02 0.05 0.05 0.05 unch 0.00 0.05 0.05 0.64 0.55 0.62 + 0.01 1.31 0.55 2.10 1.98 2.01 - 0.05 3.31 1.97 0.12 0.00 0.12 unch 0.00 0.23 0.09 0.10 0.09 0.10 + 0.00 0.18 0.07 0.60 0.00 0.60 + 0.02 0.68 0.46 0.77 0.70 0.76 + 0.04 0.92 0.60 0.14 0.14 0.14 unch 0.00 0.24 0.09 5.08 4.81 4.96 + 0.10 6.50 4.07 8.57 7.91 8.49 + 0.47 10.22 6.62 0.24 0.22 0.23 unch 0.00 0.29 0.11 0.38 0.36 0.36 - 0.01 0.50 0.23 0.49 0.45 0.46 unch 0.00 0.63 0.31 2.06 1.95 2.00 + 0.02 2.06 0.05 2.07 1.92 1.99 + 0.02 2.05 0.51

L

M Macarthur Mnl V 345 0.05 0.05 0.05 + 0.01 0.12 0.05 Macarthur Mnl* O 31 0.04 0.04 0.04 + 0.00 0.10 0.04 MacDonald Mns* O 20 0.07 0.00 0.07 + 0.00 0.17 0.06 MacDonald Mns V 399 0.08 0.07 0.08 unch 0.00 0.24 0.07 MacMillan Mnls V 115 1.70 1.58 1.65 + 0.05 1.90 1.24 Madeira Mrnls V 12 0.04 0.04 0.04 unch 0.00 0.05 0.02 Madison Tech* O 1 0.11 0.00 0.11 unch 0.00 0.38 0.07 MAG Silver T 1636 14.78 13.65 14.75 + 0.95 17.62 11.71 Magellan Gold* O 99 0.02 0.01 0.02 - 0.00 0.19 0.01 Magna Terra V 23 0.05 0.04 0.04 - 0.01 0.09 0.04 Magnus Intl* O 175 0.00 0.00 0.00 unch 0.00 0.01 0.00 Majestic Gold V 1520 0.06 0.05 0.06 unch 0.00 0.09 0.04 Majestic Gold* O 14 0.05 0.04 0.04 - 0.01 0.06 0.03 Makena Res 19 0.10 0.00 0.09 - 0.02 0.24 0.08 Mammoth Res V 241 0.07 0.06 0.07 + 0.01 0.16 0.05 Manado Gold V 141 0.06 0.05 0.06 unch 0.00 0.24 0.05 Mandalay Res T 1116 0.25 0.21 0.22 + 0.01 0.63 0.19 Mandalay Res* O 172 0.20 0.17 0.19 + 0.02 0.47 0.14 Manganese X* O 0 0.13 0.13 0.13 unch 0.00 0.21 0.07 Manganese X V 533 0.20 0.18 0.18 - 0.01 0.28 0.08 Mangazeya Mng V 74 0.02 0.02 0.02 unch 0.00 0.04 0.02 Manitou Gold V 157 0.12 0.10 0.10 - 0.01 0.19 0.05 Maple Gold V 1929 0.28 0.26 0.26 + 0.01 0.34 0.19 Maple Gold* O 1244 0.23 0.20 0.21 - 0.00 0.27 0.15 Marathon Gold* O 159 0.79 0.72 0.73 - 0.02 1.14 0.67 Marathon Gold T 577 0.99 0.91 0.92 - 0.04 1.33 0.88 Margaret Lake* O 20 0.11 0.10 0.11 + 0.01 0.11 0.09 Margaret Lake V 676 0.13 0.12 0.13 + 0.01 0.15 0.05 Margaux Res V 148 0.26 0.23 0.25 - 0.01 0.39 0.18 Margaux Res* O 20 0.17 0.17 0.17 unch 0.00 0.27 0.16 Marifil Mines V 60 0.14 0.13 0.14 + 0.01 0.32 0.11 Marifil Mines* O 0 0.00 0.00 0.10 unch 0.00 0.17 0.04 Maritime Res V 2666 0.13 0.12 0.12 unch 0.00 0.14 0.09 Marlin Gold V 97 0.44 0.41 0.41 - 0.01 1.15 0.38 Martina Mnls V 63 0.04 0.04 0.04 unch 0.00 0.07 0.03 MartinMarietta* N 2626 205.20 195.80 196.72 + 0.60 244.32 191.09 Mas Gold V 0 0.00 0.00 0.11 unch 0.00 0.15 0.05 Mason Graphite* O 111 1.45 1.38 1.40 - 0.01 2.47 0.93 Mason Graphite V 241 1.84 1.75 1.82 + 0.03 3.15 1.26 Mason Res* O 89 0.19 0.17 0.18 + 0.01 0.29 0.01 Mason Res T 154 0.24 0.22 0.24 + 0.02 0.40 0.13 Matachewan Con V 20 0.29 0.27 0.29 unch 0.00 0.34 0.21 Matamec Expl V 436 0.04 0.03 0.03 unch 0.00 0.07 0.03 Matamec Expl* O 27 0.03 0.02 0.03 + 0.00 0.05 0.02 Matica Ent 6343 0.30 0.27 0.29 - 0.01 0.81 0.04 Matica Ent* O 162 0.24 0.21 0.22 - 0.01 0.64 0.03 Maudore Mnrls* O 13 0.00 0.00 0.00 unch 0.00 0.00 0.00 Maverix Mtls* O 15 1.32 1.24 1.25 + 0.02 1.50 0.92 Mawson Res T 204 0.41 0.36 0.39 - 0.01 0.65 0.29 Mawson Res* O 36 0.33 0.29 0.29 - 0.01 0.48 0.24 MAX Res V 1928 0.23 0.20 0.21 - 0.01 0.32 0.06 MaxTech Vent 138 0.44 0.37 0.37 - 0.06 0.60 0.14 MaxTech Vent* O 213 0.35 0.29 0.31 - 0.03 0.48 0.13 Maxwell Res* O 3 0.01 0.01 0.01 - 0.00 0.04 0.00 Maya Gold &Sil* O 38 2.32 1.97 2.06 - 0.20 2.35 0.33 Maya Gold &Sil V 179 2.95 2.42 2.57 - 0.24 2.98 0.48 Mazarin V 10 0.11 0.11 0.11 unch 0.00 0.18 0.03 MBMI Res V 15 0.05 0.00 0.05 unch 0.00 0.13 0.03 McChip Res V 50 0.52 0.52 0.52 unch 0.00 0.87 0.37 McEwen Mng T 977 2.75 2.55 2.73 + 0.14 4.18 2.33 McEwen Mng* N 9153 2.18 2.03 2.14 + 0.07 3.09 1.82 McLaren Res 1978 0.07 0.06 0.07 unch 0.00 0.19 0.03 MDN Inc* O 13 0.25 0.25 0.25 unch 0.00 0.55 0.09 Meadow Bay Gd 485 0.20 0.15 0.17 + 0.01 0.26 0.11 Meadow Bay Gd* O 37 0.13 0.10 0.13 + 0.03 0.28 0.04 Mechel* N 651 3.97 3.42 3.91 + 0.41 6.23 3.30 Medallion Res V 386 0.14 0.11 0.11 - 0.03 0.21 0.09 Medallion Res* O 385 0.10 0.09 0.09 - 0.02 0.17 0.08 Medgold Res* O 12 0.15 0.15 0.15 unch 0.00 0.19 0.12 Medgold Res V 410 0.22 0.19 0.19 - 0.03 0.25 0.13

2018-04-24 9:57 AM

22

WWW.NORTHERNMINER.COM

APRIL 30–MAY 13, 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

Medinah Mnrls* O 4368 Mega Uranium T 3505 Mega Uranium* O 557 Megastar Dev V 167 Melior Res V 450 Melkior Res V 632 Meridian Mg V 36 Meryllion Res 14 Meryllion Res* O 3 Mesa Expl* O 250 Mesa Expl V 174 MetalCorp V 56 Metalex Vent V 48 Metallic Mnrls V 132 Metallic Mnrls* O 90 Metallica Min* O 750 Metallis Res V 451 Metalo Manuf 50 Metals Creek V 2110 Metals Creek* O 773 Metals X* O 17 Metanor Res* O 58 Metanor Res V 327 Metron Capital V 43 Mexican Gold* O 451 Mexus Gold* O 5588 Mezzotin Mnrls V 25 MGX Minerals 1830 MGX Minerals* O 952 Midas Gold T 1541 Midas Gold* O 2006 Midasco Cap V 106 Midland Expl V 253 Midnight Star 29 Midnight Sun V 138 Millennial Lit* O 220 Millennial Lit V 385 Millrock Res* O 121 Millrock Res V 192 Minaurum Gold V 576 Minco Silver* O 35 Minco Silver T 30 Minecorp Egy * O 8 Minera Alamos * O 328 Minera Alamos V 1493 Minera IRL 204 Mineral Mtn* O 56 Mineral Mtn V 1065 Mineral Res* O 0 MineralRite* O 126437 Mineworx Tech V 604 Mineworx Tech* O 170 Minfocus Expl V 867 Mining Global* O 492097 Minnova Corp V 130 Minsud Res V 125 Minsud Res* O 125 Miramont Res 750 Miramont Res* O 77 Miranda Gold V 603 Mirasol Res V 134 Mistango River 14 MK2 Ventures V 1 0 MK2 Ventures * O Mkango Res V 104 ML Gold* O 223 ML Gold Corp V 1599 O 1 Moag Copper* Monarca Mnrls* O 252 Monarca Mnrls V 265 Monarques Res V 1142 Monarques Res* O 155 Moneta Porcpn* O 175 Moneta Porcpn T 480 Monitor Vent* O 1 Monitor Vent V 3 Montan Mg V 511 Montego Res 138 Montero Mg&Ex V 73 Monument Mng V 425 Morien Res* O 12 Morien Res V 138 Morumbi Res* O 50 Morumbi Res T 363 Mosaic* N 18247 Mountain Boy V 144 Mountain Boy* O 263 Mountain Lake 165 D 429 Mountain Prov* Mountain Prov T 4388 Mukuba Res * O 0 Mundoro Cap V 261 O 175 Mundoro Cap* Murchison Min V 191 Mustang Mnrls* O 252 Mustang Mnrls V 130 MX Gold* O 39

0.00 0.00 0.00 - 0.00 0.01 0.00 0.16 0.15 0.15 unch 0.00 0.24 0.13 0.13 0.12 0.12 - 0.01 0.19 0.10 0.10 0.08 0.08 - 0.02 0.10 0.03 0.15 0.09 0.14 + 0.03 0.15 0.03 0.04 0.04 0.04 unch 0.00 0.09 0.04 0.38 0.30 0.35 + 0.07 1.39 0.19 0.03 0.00 0.03 - 0.01 0.21 0.02 0.02 0.02 0.02 + 0.00 0.07 0.00 0.07 0.06 0.07 unch 0.00 0.07 0.02 0.08 0.00 0.06 - 0.02 0.09 0.03 0.03 0.02 0.03 + 0.01 0.06 0.02 0.06 0.04 0.04 - 0.02 0.10 0.04 0.36 0.33 0.36 - 0.01 0.50 0.22 0.29 0.25 0.28 - 0.01 0.40 0.19 0.05 0.03 0.05 + 0.02 0.06 0.03 1.42 1.18 1.36 + 0.17 2.75 0.14 0.37 0.35 0.37 + 0.03 0.75 0.23 0.08 0.06 0.07 + 0.01 0.10 0.05 0.06 0.05 0.06 + 0.01 0.08 0.03 0.66 0.58 0.66 + 0.08 0.96 0.51 0.42 0.39 0.41 + 0.00 0.80 0.38 0.55 0.48 0.53 + 0.03 1.07 0.48 0.07 0.06 0.06 unch 0.00 0.08 0.05 0.34 0.29 0.30 - 0.00 0.34 0.18 0.02 0.01 0.02 - 0.01 0.12 0.01 0.02 0.02 0.02 unch 0.00 0.04 0.01 0.93 0.81 0.87 - 0.01 1.96 0.73 0.75 0.65 0.69 - 0.01 1.58 0.54 1.04 0.98 1.03 + 0.04 1.08 0.55 0.84 0.77 0.81 + 0.02 0.89 0.42 0.08 0.07 0.08 unch 0.00 0.11 0.05 0.94 0.82 0.94 + 0.02 1.12 0.82 0.20 0.20 0.20 unch 0.00 0.25 0.08 0.34 0.31 0.31 - 0.03 0.54 0.21 2.08 1.92 1.94 - 0.07 3.87 0.88 2.55 2.41 2.46 - 0.07 4.80 1.20 0.18 0.15 0.18 + 0.01 0.35 0.15 0.24 0.21 0.23 + 0.01 0.44 0.21 0.61 0.54 0.54 - 0.07 0.67 0.21 0.56 0.52 0.56 + 0.03 1.23 0.46 0.73 0.66 0.73 + 0.04 1.74 0.58 0.07 0.07 0.07 unch 0.00 0.11 0.04 0.12 0.11 0.12 + 0.00 0.18 0.10 0.15 0.14 0.15 + 0.01 0.24 0.12 0.10 0.09 0.09 + 0.02 0.17 0.06 0.51 0.46 0.50 + 0.05 0.55 0.13 0.65 0.58 0.61 + 0.02 0.74 0.15 0.00 0.00 13.70 unch 0.00 16.78 7.00 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.23 0.20 0.20 - 0.02 0.40 0.05 0.18 0.15 0.17 - 0.00 0.33 0.05 0.03 0.02 0.02 + 0.01 0.06 0.01 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.81 0.80 0.80 unch 0.00 0.90 0.55 0.10 0.08 0.10 - 0.12 0.21 0.06 0.00 0.00 0.11 unch 0.00 0.11 0.10 0.42 0.37 0.41 + 0.02 0.65 0.21 0.33 0.30 0.33 + 0.02 0.33 0.21 0.06 0.05 0.06 unch 0.00 0.10 0.05 2.15 1.91 2.10 + 0.12 2.60 1.42 0.04 0.02 0.04 + 0.01 0.07 0.01 0.00 0.00 0.17 unch 0.00 0.18 0.09 0.00 0.00 0.12 unch 0.00 0.13 0.08 0.14 0.12 0.13 - 0.02 0.24 0.04 0.11 0.10 0.11 - 0.03 0.26 0.08 0.16 0.12 0.13 - 0.04 0.32 0.10 0.07 0.07 0.07 unch 0.00 0.07 0.07 0.04 0.03 0.04 + 0.01 0.14 0.03 0.06 0.04 0.06 + 0.01 0.20 0.04 0.32 0.27 0.27 - 0.04 0.47 0.25 0.26 0.21 0.21 - 0.03 0.38 0.19 0.12 0.11 0.12 + 0.01 0.17 0.10 0.15 0.14 0.15 - 0.01 0.23 0.13 0.18 0.18 0.18 + 0.00 0.81 0.13 0.23 0.00 0.23 - 0.02 1.13 0.23 0.02 0.00 0.02 unch 0.00 0.08 0.01 0.23 0.19 0.23 + 0.03 0.55 0.14 0.26 0.20 0.20 - 0.06 0.49 0.12 0.08 0.07 0.08 + 0.01 0.09 0.06 0.49 0.45 0.49 + 0.04 0.60 0.37 0.62 0.57 0.62 + 0.05 0.77 0.47 0.83 0.76 0.82 - 0.02 0.96 0.45 1.04 0.93 1.04 + 0.04 1.23 0.55 26.31 24.81 25.68 + 0.84 29.20 19.23 0.06 0.00 0.06 unch 0.00 0.11 0.05 0.05 0.04 0.04 - 0.01 0.09 0.03 0.04 0.04 0.04 - 0.01 0.09 0.02 2.55 2.35 2.55 + 0.08 4.10 2.35 3.19 2.97 3.16 + 0.07 5.10 2.97 0.00 0.00 0.17 unch 0.00 0.17 0.17 0.12 0.11 0.12 + 0.01 0.30 0.09 0.09 0.08 0.09 unch 0.00 0.22 0.06 0.21 0.16 0.18 - 0.03 0.25 0.14 0.17 0.14 0.17 + 0.01 0.37 0.07 0.21 0.18 0.21 + 0.01 0.52 0.10 0.03 0.03 0.03 - 0.00 0.17 0.01

NA Frac Sand* O 107 NACCO Ind* N 94 Namibia Rare E V 2448 Namibia Rare E* O 1267 Napier Vent V 119 Napier Vent* O 120 Natural Res Pt* N 274 Nautilus Mnrls T 787 O 243 Nautilus Mnrls* Navis Res Corp* O 13 Navis Res Corp 13 Navy Res V 250 Nemaska Lith T 3820 Nemaska Lith* O 562 Neo Lithium V 461 Neometals* O 14 Network Expl* O 21 Network Expl V 97 Nevada Canyon* O 6 Nevada Clean M* O 51 Nevada Clean M V 294 T 174 Nevada Copper O 22 Nevada Energy* V 38 Nevada Energy Nevada Expl * O 107 Nevada Expl V 185 Nevada Sunrise* O 213 Nevada Sunrise V 81 Nevada Zinc V 602 Nevado Res V 10 Nevsun Res T 5725 Nevsun Res* X 3135 New Age Metals* O 67 New Age Metals V 636 New Carolin Gd* O 29 New Carolin Gd V 207 New Destiny Mg V 50 New Energy Met V 290 New Gold* X 17353 New Gold T 4382 New Guinea Gld* O 1629 New Jersey Mng* O 228 New Milln Iron* O 2 New Milln Iron T 264 New Nadina V 483 New Nadina* O 43 New Oroperu V 1 New Pac Metals V 32 New Pac Metals* O 7 New Stratus V 187 New Tech Lith* O 26 New Tech Lith 855 New World Res V 58 New World Res* O 3 Newlox Gold 1050 Newmac Res V 7 N 24514 Newmont Mng* Newport Expl V 226 Newport Gold* O 213 NewRange Gold* O 123 NewRange Gold V 216 Nexa Resources T 3 Nexa Resources* N 815 Nexco Res 6 Nexgen Energy T 4435 Nexgen Energy* X 1472 NextSource Mat T 647

0.01 0.01 0.01 + 0.00 0.09 0.01 39.90 36.55 39.65 + 2.30 48.85 14.45 0.28 0.18 0.26 + 0.09 0.28 0.04 0.22 0.13 0.21 + 0.07 0.22 0.03 0.49 0.44 0.49 + 0.05 0.54 0.33 0.38 0.38 0.38 unch 0.00 0.44 0.32 36.30 33.66 36.30 + 2.00 35.35 22.81 0.24 0.22 0.23 unch 0.00 0.39 0.14 0.19 0.17 0.18 - 0.00 0.31 0.11 0.30 0.29 0.29 unch 0.00 1.51 0.18 0.38 0.00 0.38 + 0.01 2.50 0.33 0.24 0.24 0.24 unch 0.00 0.32 0.16 1.34 1.27 1.29 - 0.03 2.44 0.95 1.09 1.00 1.03 - 0.02 1.96 0.70 1.44 1.30 1.40 + 0.06 2.75 0.85 0.27 0.25 0.25 - 0.03 0.80 0.20 0.26 0.24 0.25 - 0.04 0.39 0.26 0.34 0.31 0.32 - 0.04 0.48 0.31 0.08 0.08 0.08 unch 0.00 0.22 0.05 0.03 0.02 0.03 + 0.00 0.08 0.02 0.04 0.03 0.04 unch 0.00 0.08 0.03 0.69 0.65 0.66 + 0.01 0.84 0.41 0.20 0.17 0.20 + 0.01 0.88 0.07 0.28 0.00 0.25 + 0.02 1.10 0.20 0.23 0.19 0.20 - 0.02 0.35 0.18 0.28 0.24 0.25 - 0.02 0.46 0.24 0.13 0.10 0.10 - 0.03 0.27 0.09 0.15 0.13 0.14 - 0.02 0.35 0.12 0.17 0.16 0.16 - 0.01 0.40 0.16 0.04 0.00 0.04 - 0.01 0.05 0.02 3.57 3.29 3.43 + 0.12 3.57 2.49 2.85 2.61 2.69 + 0.06 2.85 1.96 0.09 0.07 0.09 + 0.01 0.15 0.04 0.10 0.08 0.10 + 0.01 0.19 0.05 0.40 0.39 0.39 - 0.01 0.58 0.18 0.53 0.49 0.51 unch 0.00 0.77 0.20 0.19 0.00 0.17 - 0.02 0.35 0.11 0.90 0.70 0.72 - 0.08 0.90 0.26 2.51 2.38 2.49 + 0.07 4.25 2.26 3.19 3.00 3.14 + 0.10 5.16 2.85 0.00 0.00 0.00 - 0.00 0.00 0.00 0.18 0.14 0.17 - 0.00 0.19 0.10 0.05 0.05 0.05 unch 0.00 0.12 0.05 0.09 0.08 0.08 - 0.01 0.17 0.07 0.26 0.17 0.21 + 0.04 4.60 0.08 0.16 0.16 0.16 + 0.04 3.60 0.06 0.00 0.00 0.45 unch 0.00 0.55 0.28 1.54 1.46 1.50 - 0.03 1.67 1.12 1.24 1.16 1.18 - 0.03 1.29 0.80 0.14 0.11 0.14 + 0.03 0.48 0.08 0.05 0.04 0.05 + 0.00 0.19 0.04 0.06 0.06 0.06 unch 0.00 0.17 0.05 0.25 0.00 0.25 unch 0.00 0.29 0.10 0.18 0.18 0.18 unch 0.00 0.19 0.09 0.04 0.03 0.04 unch 0.00 0.08 0.03 0.07 0.07 0.07 unch 0.00 0.09 0.05 41.96 40.98 41.35 - 0.25 42.04 31.42 0.29 0.26 0.29 unch 0.00 0.29 0.19 0.03 0.00 0.03 unch 0.00 0.08 0.00 0.25 0.20 0.22 + 0.01 0.59 0.05 0.28 0.27 0.27 unch 0.00 0.75 0.23 23.00 0.00 22.40 + 0.90 26.70 19.80 18.30 17.13 17.88 + 0.58 21.61 15.27 0.28 0.26 0.26 - 0.02 0.50 0.15 2.75 2.33 2.74 + 0.43 3.58 2.12 2.17 1.85 2.15 + 0.30 3.20 1.65 0.12 0.11 0.12 unch 0.00 0.22 0.06

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(100s) Stock

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(100s) Stock

12-month

Exc Volume High Low Last Change High Low

Nexus Gold V 421 Nexus Gold* O 33 NGEx Res* O 2 NGEx Res T 32 Nickel Creek T 184 Nickel Creek* O 172 341 Nickel North V Nickel One Res V 1230 Nicola Mg Inc V 1616 Nicola Mg Inc* O 3 Nighthawk Gold* O 69 T 243 Nighthawk Gold Niobay Metals V 106 Niocan Inc V 3 Niocorp Dev T 181 Niocorp Dev* O 251 Nippon Dragon V 58 O 44 Nippon Dragon* Nitinat Mnls V 864 Nitinat Mnls* O 5 O 9 NKWE Platinum* Noble Metal Gr V 44 99 Noble Mnl Expl* O Noble Mnl Expl V 991 Noka Res* O 38 Noram Vent V 21 Noram Vent* O 0 Noranda Alum* O 2 Noront Res V 729 Norsemont Cap 1 Nortec Mnls V 9 North Am Nickl V 2784 North Am Nickl* O 31 North Am Pall* O 62 North Am Pall T 72 21 North Arrow Mn* O North Arrow Mn V 81 Northcliff Res T 52 Northern Uran V 505 Northisle C&G V 121 Northn Empire V 360 Northn Empire* O 289 Norvista Cap V 28 O 27 Nouveau Monde* Nouveau Monde V 1169 X 4870 NovaGold Res* NovaGold Res T 611 Novo Res* O 542 Novo Res V 1123 NRG Metals* O 1095 NRG Metals V 1399 Nrthn Graphite V 362 Nrthn Graphite* O 344 Nrthn Lion* O 2 Nrthn Lion V 3 68 Nrthn Mnrls &E* O Nrthn Shield V 738 Nrthn Superior* O 52 Nrthn Superior V 11076 Nrthn Vertex* O 37 Nrthn Vertex V 244 NSS Res Inc 192 Nthn Dynasty T 516 X 4717 Nthn Dynasty* Nthrn Sphere 5751 Nthrn Sphere* O 122 Nubian Res V 146 V 403 NuLegacy Gold NuLegacy Gold* O 381 Nunavik Nickel V 2 Nutrien T 2782 Nutrien* N 4215 NV Gold* O 256 NV Gold V 1157 NX Uranium* O 40 NxGold Ltd* O 78 NxGold Ltd V 559 Nyrstar NV* O 1 O.T. Mining* O 2 OceanaGold* O 6 OceanaGold T 6589 Oceanic Iron O V 418 Oceanus Res* O 14 Oceanus Res V 55 Odyssey Res V 1 OK2 Minerals V 1186 Olivut Res V 68 Olivut Res* O 4 600 Omineca Mg &Ml V One World Lith 649 Opawica Expl* O 0 Opawica Expl V 786 295 Opus One Res V Orbite Tech* O 25 Orca Gold V 546 Orca Gold* O 154 Orefinders Res V 326 Orestone Mng V 185 Orex Mnrls* O 42 Orex Mnrls V 128 Orezone Gold* O 86 Orezone Gold V 400 Orford Mining V 14 Organic Potash 276 Orla Mng Ltd* O 17 Orla Mng Ltd V 653 Oro East Mg* O 13 Oroco Res V 744 Oroco Res* O 113 Orocobre T 376 Oronova Energy V 261 Oroplata Res* O 943 Orosur Mng T 544 Orsu Metals V 16 Orsu Metals* O 0 Orvana Mnrls T 260 Orvana Mnrls* O 50 Osisko Gold T 1585 Osisko Gold* N 2123 Osisko Metals V 402 Osisko Metals* O 8 Osisko Mng Inc T 2780 Osprey Gold V 425 Otis Gold V 209 Otis Gold* O 80 OZ Minerals* O 4

0.23 0.19 0.20 - 0.03 2.55 0.19 0.22 0.14 0.16 + 0.00 0.22 0.02 0.85 0.85 0.85 unch 0.00 1.10 0.58 1.15 1.07 1.15 + 0.08 1.49 0.75 0.28 0.25 0.27 + 0.01 0.41 0.22 0.22 0.19 0.21 + 0.00 0.33 0.16 0.04 0.04 0.04 unch 0.00 0.05 0.02 0.07 0.04 0.05 + 0.01 0.13 0.02 0.17 0.16 0.16 unch 0.00 0.25 0.14 0.13 0.00 0.13 + 0.00 0.18 0.11 0.56 0.52 0.54 + 0.02 0.97 0.45 0.70 0.65 0.68 + 0.02 1.15 0.57 0.29 0.28 0.29 - 0.01 0.76 0.11 0.07 0.00 0.07 unch 0.00 0.18 0.06 0.61 0.57 0.58 - 0.02 0.87 0.37 0.49 0.45 0.45 - 0.04 0.65 0.29 0.05 0.04 0.04 - 0.01 0.08 0.04 0.04 0.03 0.03 - 0.00 0.06 0.03 0.37 0.32 0.32 - 0.01 0.51 0.04 0.28 0.28 0.28 unch 0.00 0.36 0.03 0.06 0.05 0.06 + 0.00 2.04 0.00 0.02 0.02 0.02 - 0.01 0.04 0.01 0.12 0.10 0.10 - 0.01 0.15 0.03 0.15 0.14 0.14 - 0.01 0.19 0.04 0.21 0.19 0.19 - 0.00 0.30 0.05 0.29 0.26 0.28 + 0.01 0.80 0.25 0.00 0.00 0.28 unch 0.00 0.64 0.17 0.05 0.00 0.05 + 0.02 0.17 0.01 0.41 0.38 0.38 - 0.02 0.52 0.22 0.00 0.00 0.40 unch 0.00 0.47 0.31 0.09 0.09 0.09 + 0.01 0.18 0.06 0.07 0.06 0.07 + 0.01 0.10 0.06 0.06 0.05 0.06 - 0.00 0.08 0.04 8.96 8.10 8.63 + 0.26 9.31 3.57 11.16 10.16 11.00 + 0.45 11.60 4.65 0.16 0.16 0.16 - 0.01 0.23 0.15 0.21 0.20 0.21 - 0.02 0.31 0.18 0.12 0.10 0.11 - 0.01 0.22 0.09 0.02 0.01 0.02 unch 0.00 0.03 0.01 0.16 0.14 0.14 - 0.01 0.21 0.09 1.58 1.47 1.53 - 0.03 1.62 0.58 1.28 1.16 1.21 - 0.03 1.29 0.47 0.12 0.11 0.11 - 0.02 0.16 0.08 0.26 0.24 0.26 + 0.01 0.42 0.19 0.34 0.30 0.34 + 0.02 0.54 0.26 4.83 4.58 4.81 + 0.16 4.89 3.35 6.15 5.78 6.10 + 0.24 6.40 4.33 4.28 3.65 3.82 + 0.14 7.08 0.49 5.37 4.54 4.91 + 0.36 8.83 0.67 0.27 0.24 0.26 + 0.01 0.49 0.07 0.33 0.30 0.31 unch 0.00 0.62 0.09 0.37 0.31 0.31 unch 0.00 0.70 0.24 0.29 0.24 0.25 - 0.01 0.55 0.19 0.43 0.20 0.20 - 0.23 0.52 0.20 0.55 0.53 0.53 - 0.02 0.67 0.31 0.04 0.03 0.03 - 0.02 0.07 0.01 0.03 0.02 0.03 + 0.01 0.09 0.02 0.03 0.03 0.03 - 0.00 0.05 0.02 0.05 0.04 0.05 + 0.01 0.08 0.03 0.39 0.37 0.37 - 0.01 0.58 0.34 0.48 0.47 0.48 - 0.01 0.70 0.44 0.18 0.08 0.16 + 0.07 1.39 0.05 1.25 1.10 1.25 + 0.14 3.30 1.00 1.00 0.87 0.98 + 0.09 2.42 0.81 0.15 0.05 0.11 + 0.06 0.46 0.05 0.11 0.05 0.09 + 0.03 0.28 0.05 0.25 0.23 0.24 - 0.02 0.38 0.17 0.20 0.18 0.19 + 0.01 0.30 0.15 0.16 0.14 0.14 + 0.00 0.23 0.12 0.11 0.00 0.11 - 0.01 0.17 0.08 61.15 58.36 59.63 + 0.79 70.05 55.27 48.43 46.37 46.74 + 0.06 56.18 40.41 0.61 0.33 0.50 + 0.11 0.92 0.13 0.80 0.43 0.64 + 0.17 1.22 0.17 0.01 0.01 0.01 unch 0.00 0.04 0.01 0.21 0.18 0.18 - 0.03 0.26 0.17 0.25 0.20 0.21 - 0.06 0.50 0.18 7.36 7.36 7.36 unch 0.00 8.25 6.15 0.06 0.06 0.06 unch 0.00 0.20 0.03 2.68 2.62 2.62 - 0.03 3.60 2.23 3.54 3.40 3.47 - 0.03 4.94 2.92 0.09 0.08 0.09 - 0.02 0.22 0.06 0.19 0.17 0.17 - 0.02 0.29 0.14 0.25 0.23 0.23 - 0.02 0.36 0.18 0.00 0.00 0.04 unch 0.00 0.08 0.04 0.05 0.04 0.05 + 0.01 0.14 0.04 0.12 0.11 0.12 + 0.01 0.20 0.08 0.09 0.08 0.09 + 0.01 0.15 0.06 0.03 0.03 0.03 unch 0.00 0.06 0.03 0.15 0.13 0.13 - 0.03 0.17 0.10 0.08 0.00 0.08 unch 0.00 0.23 0.08 0.11 0.07 0.07 - 0.04 0.40 0.07 0.08 0.00 0.08 unch 0.00 0.13 0.06 0.03 0.01 0.03 + 0.03 0.15 0.00 0.64 0.58 0.58 - 0.03 0.78 0.36 0.51 0.46 0.46 - 0.03 0.63 0.27 0.12 0.10 0.11 - 0.01 0.17 0.05 0.13 0.09 0.09 - 0.01 0.13 0.05 0.11 0.09 0.10 + 0.01 0.15 0.08 0.14 0.12 0.12 - 0.01 0.20 0.10 0.74 0.70 0.71 - 0.01 0.82 0.38 0.92 0.88 0.91 unch 0.00 1.02 0.51 0.29 0.27 0.29 + 0.03 0.70 0.23 0.03 0.02 0.03 + 0.01 0.05 0.01 1.15 1.11 1.12 + 0.01 1.48 0.88 1.50 1.35 1.46 + 0.09 1.85 1.04 0.00 0.00 0.00 unch 0.00 0.01 0.00 0.17 0.15 0.16 + 0.02 0.17 0.02 0.13 0.12 0.13 + 0.01 0.13 0.02 5.45 4.69 5.19 + 0.35 7.36 2.73 0.13 0.09 0.12 + 0.01 0.22 0.09 0.13 0.09 0.10 unch 0.00 0.34 0.06 0.11 0.09 0.10 - 0.02 0.30 0.09 0.19 0.18 0.18 - 0.04 0.30 0.13 0.00 0.00 0.14 unch 0.00 0.22 0.11 0.24 0.22 0.23 + 0.01 0.33 0.17 0.19 0.17 0.19 + 0.03 0.25 0.14 12.91 12.32 12.58 - 0.06 17.58 11.90 10.30 9.69 9.89 - 0.15 14.39 9.31 0.70 0.63 0.68 + 0.03 1.74 0.33 0.55 0.00 0.52 - 0.00 1.33 0.39 2.97 2.63 2.86 + 0.18 5.28 2.34 0.09 0.08 0.08 - 0.01 0.44 0.07 0.30 0.26 0.29 + 0.01 0.39 0.17 0.24 0.21 0.21 + 0.00 0.29 0.13 7.35 6.83 6.99 - 0.08 7.80 4.70

Pac Bay Mnrls V 47 Pac Booker Min* O 1 Pac Booker Min V 3 Pac Imperial V 65 Pac Iron Ore V 0 66 Pac Link Mng V Pac Potash V 285 Pac Ridge Expl* O 10 Pac Ridge Expl V 93 Pac Wildcat* O 565 Pacific Empire V 390 Pacific Rim 1266 Pacific Rim* O 557 Pacton Gold V 1431 Paladin Energy* O 276 Palamina Corp V 112 Palamina Corp* O 70 Palladon Vent* O 24 Pan Am Silver T 1151 Pan Am Silver* D 6365 Pan Andean Min* O 0 Pan Andean Min V 250 Pan Global Res V 382 Pancontinental V 498 Pancontinental* O 61 Panex Res* O 40 Pangolin Dia V 410 Panoro Mnrls V 536 PanTerra Gold* O 0 Pantheon Vent V 89 Para Resources V 211 Parallel Mng V 21 Paramount Gold* X 212 Paringa Res* O 67 Parlane Res V 56 Pasinex Res 553 Patriot Gold* O 115 Peabody Enrgy* N 6215

0.04 0.03 0.03 - 0.01 0.06 0.03 0.87 0.00 0.82 - 0.05 1.10 0.35 1.05 0.00 1.05 unch 0.00 1.44 0.42 0.06 0.06 0.06 unch 0.00 0.07 0.01 0.00 0.00 0.13 unch 0.00 0.23 0.11 0.08 0.07 0.07 unch 0.00 0.08 0.02 0.04 0.03 0.04 + 0.01 0.06 0.03 0.04 0.04 0.04 unch 0.00 0.06 0.03 0.06 0.06 0.06 unch 0.00 0.08 0.05 0.00 0.00 0.00 unch 0.00 0.01 0.00 0.20 0.18 0.19 + 0.01 0.20 0.13 0.50 0.45 0.50 + 0.02 1.59 0.33 0.40 0.35 0.39 - 0.00 1.25 0.35 0.26 0.24 0.25 - 0.01 0.40 0.06 0.32 0.05 0.18 + 0.05 0.50 0.00 0.42 0.36 0.38 - 0.01 0.47 0.15 0.31 0.29 0.30 + 0.02 0.37 0.12 0.00 0.00 0.00 + 0.00 0.00 0.00 22.16 20.78 22.08 + 1.12 25.30 18.00 17.54 16.54 17.30 + 0.67 19.56 13.99 0.00 0.00 0.04 unch 0.00 0.05 0.02 0.05 0.04 0.04 unch 0.00 0.08 0.03 0.21 0.20 0.20 unch 0.00 0.30 0.07 0.06 0.05 0.06 + 0.01 0.08 0.02 0.05 0.04 0.05 + 0.01 0.07 0.01 0.00 0.00 0.00 unch 0.00 0.01 0.00 0.08 0.00 0.08 + 0.01 0.09 0.04 0.34 0.33 0.34 - 0.01 0.48 0.15 0.00 0.00 0.01 unch 0.00 0.02 0.01 0.09 0.08 0.08 unch 0.00 0.17 0.08 0.19 0.18 0.19 + 0.01 0.25 0.13 0.05 0.05 0.05 unch 0.00 0.11 0.04 1.59 1.49 1.59 + 0.10 1.80 1.16 0.28 0.25 0.25 - 0.03 0.45 0.26 0.29 0.18 0.29 + 0.11 0.30 0.10 0.19 0.16 0.19 unch 0.00 0.33 0.16 0.09 0.08 0.08 + 0.00 0.11 0.05 38.82 35.58 38.54 + 1.79 41.98 22.58

P-Q

Week

12-month

Exc Volume High Low Last Change High Low

Pedro Res V 73 Pelangio Expl* O 12 Pelangio Expl V 728 Pele Mtn Res* O 125 Pele Mtn Res V 125 Peloton Mnrls 589 Peloton Mnrls* O 651 PepinNini Lith* O 30 Peregrine Diam T 742 Perseus Mng T 285 Pershing Gold* D 237 Pershing Gold T 1 Pershing Res* O 140 Philex Mng* O 32 Philippine Mtl V 44 Phoenix Metals* O 8 Pine Cliff En T 2292 Pine Cliff En* O 91 Pinecrest Res V 205 Pistol Bay Mng V 289 Pistol Bay Mng* O 10 PJSC Polyus Gd* O 1 PJX Res V 102 Plata Latina V 59 Plate Res V 3 Plateau Energy V 246 Plateau Energy* O 19 Platinex Inc 749 Platinum Gp Mt* X 1448 Platinum Gp Mt T 136 Plato Gold V 929 Playfair Mng V 101 Playfair Mng* O 10 PolyMet Mng* X 1188 PolyMet Mng T 226 Portage Res* O 900 Portex Mnrls* O 3 Portofino Res V 244 O 30 Portofino Res* Potash Ridge* O 268 Potash Ridge T 2015 Power Metals* O 513 Power Metals V 778 PPX Mining V 1286 Precipitate Gl V 385 Premier Gold M T 1657 Premium Expl* O 20 Pretium Res* N 8488 Pretium Res T 2771 Primary Cobalt 180 Primero Mng T 5770 Primero Mng* O 470 Prize Mng* O 4 Prize Mng V 377 ProAm Expl V 57 Probe Metals* O 275 Probe Metals V 308 Promithian Gl * O 0 Prophecy Coal* O 19 Prophecy Coal T 59 O 1 Prospect Glob* Prospector Res* O 25 V 52 Prospector Res Prosper Gold V 142 Prospero Silvr V 185 Prospero Silvr* O 80 Provenance Gld 14 Providence V 125 O 750 Providence Gld* PUF Vent Inc 700 PUF Vent Inc * O 200 Puma Expl V 301 Puma Expl* O 21 Pure Energy* O 706 486 Pure Energy V Pure Gold Mg* O 467 Pure Gold Mg V 1711 Pure Nickel* O 8 Pure Nickel V 2145 Purepoint Uran V 835 Q-Gold Res* O 11 Q-Gold Res V 31 QMC Quntm Ml* O 393 367 QMC Quntm Ml V QMX Gold* O 135 QMX Gold V 2765 Quadro Res V 242 Quantum Cobalt 1782 Quartz Mtn Res V 0 Quaterra Res V 330 Quaterra Res* O 422 Quest Rare Mnl* O 334 Quinto Res V 1186

0.25 0.22 0.25 + 0.05 0.75 0.13 0.03 0.03 0.03 - 0.01 0.05 0.02 0.05 0.04 0.04 - 0.01 0.06 0.04 0.05 0.03 0.04 - 0.01 0.40 0.01 0.06 0.00 0.06 + 0.01 0.25 0.05 0.14 0.12 0.13 + 0.01 0.14 0.05 0.11 0.09 0.11 + 0.02 0.12 0.04 0.02 0.02 0.02 unch 0.00 0.07 0.02 0.17 0.14 0.16 + 0.02 0.23 0.11 0.49 0.46 0.47 - 0.01 0.50 0.27 2.04 1.97 2.02 + 0.03 3.31 1.83 2.58 0.00 2.58 + 0.05 4.15 2.32 0.03 0.03 0.03 unch 0.00 0.09 0.01 0.09 0.09 0.09 + 0.01 0.19 0.09 0.08 0.08 0.08 unch 0.00 0.16 0.05 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.33 0.30 0.30 - 0.04 0.86 0.27 0.24 0.23 0.23 - 0.02 0.64 0.21 0.24 0.21 0.24 + 0.04 0.56 0.20 0.06 0.05 0.06 unch 0.00 0.09 0.04 0.05 0.05 0.05 unch 0.00 0.08 0.03 32.50 29.90 32.00 + 2.00 50.23 29.00 0.20 0.17 0.18 + 0.03 0.23 0.11 0.05 0.04 0.05 + 0.01 0.05 0.03 0.07 0.00 0.07 unch 0.00 0.10 0.04 0.65 0.61 0.61 - 0.01 0.96 0.26 0.52 0.48 0.48 - 0.01 0.78 0.21 0.16 0.10 0.13 - 0.01 0.30 0.05 0.25 0.24 0.24 - 0.00 1.31 0.22 0.32 0.30 0.31 - 0.01 1.77 0.29 0.05 0.04 0.05 + 0.01 0.06 0.01 0.06 0.05 0.05 - 0.01 0.10 0.04 0.04 0.04 0.04 - 0.00 0.08 0.03 0.89 0.83 0.85 - 0.03 1.36 0.57 1.11 1.05 1.06 - 0.03 1.66 0.71 0.00 0.00 0.00 + 0.00 0.00 0.00 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.07 0.06 0.06 unch 0.00 0.19 0.04 0.05 0.05 0.05 unch 0.00 0.11 0.05 0.07 0.05 0.07 + 0.01 0.22 0.05 0.08 0.07 0.08 + 0.01 0.31 0.07 0.47 0.43 0.44 - 0.03 0.70 0.20 0.59 0.55 0.56 - 0.03 0.88 0.25 0.10 0.09 0.10 + 0.01 0.10 0.05 0.07 0.06 0.07 unch 0.00 0.19 0.06 2.82 2.63 2.64 - 0.03 4.13 2.50 0.02 0.02 0.02 + 0.02 0.02 0.00 7.44 6.84 7.24 + 0.07 12.44 6.17 9.39 8.59 9.21 + 0.17 15.52 7.93 0.13 0.12 0.13 unch 0.00 0.15 0.12 0.28 0.26 0.27 unch 0.00 0.77 0.08 0.22 0.19 0.21 - 0.00 0.70 0.06 0.19 0.00 0.19 + 0.00 0.52 0.17 0.24 0.22 0.22 - 0.02 0.72 0.22 0.03 0.00 0.03 - 0.01 0.04 0.02 1.09 1.01 1.03 - 0.02 1.42 0.95 1.36 1.27 1.30 - 0.02 1.74 1.22 0.00 0.00 0.10 unch 0.00 0.10 0.02 2.72 2.00 2.72 + 0.73 4.00 1.93 3.44 2.50 3.31 + 0.81 5.00 2.40 0.07 0.06 0.06 - 0.01 0.14 0.03 0.62 0.62 0.62 unch 0.00 0.84 0.38 0.82 0.79 0.80 + 0.01 1.84 0.48 0.12 0.10 0.10 - 0.03 0.24 0.08 0.10 0.09 0.10 + 0.01 0.34 0.09 0.07 0.07 0.07 + 0.00 0.25 0.07 0.22 0.00 0.21 unch 0.00 0.40 0.08 0.16 0.16 0.16 unch 0.00 0.27 0.09 0.15 0.14 0.15 unch 0.00 0.15 0.10 0.90 0.77 0.81 - 0.08 2.09 0.31 0.73 0.63 0.65 - 0.06 1.85 0.25 0.08 0.07 0.07 unch 0.00 0.13 0.05 0.06 0.06 0.06 + 0.00 0.09 0.04 0.24 0.21 0.21 - 0.03 0.50 0.20 0.29 0.26 0.28 - 0.03 0.65 0.25 0.56 0.52 0.54 - 0.02 0.56 0.35 0.71 0.65 0.68 - 0.02 0.71 0.46 0.02 0.02 0.02 unch 0.00 0.04 0.00 0.04 0.03 0.03 + 0.01 0.05 0.01 0.07 0.07 0.07 + 0.01 0.10 0.06 0.08 0.08 0.08 unch 0.00 0.08 0.06 0.13 0.11 0.11 + 0.01 0.30 0.10 0.48 0.42 0.43 - 0.02 1.46 0.07 0.60 0.54 0.56 - 0.01 1.85 0.09 0.12 0.11 0.12 + 0.01 0.29 0.11 0.16 0.14 0.15 + 0.01 0.40 0.14 0.06 0.05 0.06 + 0.03 0.18 0.04 0.44 0.24 0.36 + 0.11 1.90 0.03 0.00 0.00 0.90 unch 0.00 1.50 0.55 0.08 0.07 0.08 + 0.01 0.14 0.05 0.06 0.05 0.06 + 0.01 0.10 0.03 0.01 0.00 0.00 + 0.00 0.10 0.00 0.10 0.09 0.09 - 0.01 0.12 0.05

Rackla Mtls V 5 Rackla Mtls* O 10 Radisson Mng V 152 Radius Gold V 204 Rae-Wallace Mg* O 50 Rainforest Res* O 2 695 Rainy Mtn Royl V Rainy Mtn Royl* O 0 37 Rambler Ml &Mg V Randgold Res* O 1 Randgold Res* D 2045 Randsburg Intl V 6 Rare Element* O 305 Rathdowney Res V 82 Ravencrest Res 1920 RB Energy* O 16 Red Eagle Expl V 469 Red Eagle Mng* O 74 Red Eagle Mng T 1176 Red Moon Res V 38 82 Red Oak Mg V Red Pine Expl V 4073 Redhawk Res T 1810 Redstar Gold V 757 Redstar Gold* O 301 Redzone Res* O 41 Redzone Res V 485 Regency Gold V 60 Regulus Res V 191 Reliant Gold 310 Remington Res V 25 Renaissance Gd* O 65 Renaissance Gd V 126 Renforth Res 767 Resolve Vent V 62 Resource Cap V 100 Resource Cap* O 67 Reunion Gold V 285 Revelo Res V 531 Revival Gold * O 76 Revival Gold V 138 Richmond Mnls V 93 Rift Valley 302 Riley Resource V 25 Rimrock Gold* O 20295 Rio Tinto* O 1 Rio Tinto* N 17359 Rio Tinto* O 10 Rise Gold Corp 821 River Wild Exp 0 Riverside Res V 272 Riverside Res* O 184 Rizal Res V 568 RJK Explor V 22 RJK Explor* O 6 Robex Res V 180 Rochester Res V 16 Rock Tech Lith V 34 Rock Tech Lith* O 8 Rockcliff Met* O 2 Rockcliff Met V 464 Rockex Mng 19 Rockhaven Res V 333 Rockridge Res V 11 Rockshield Cap* O 172 Rockshield Cap 605 Rockwealth Res V 0 Rodinia Lithm V 313 Rogue Res* O 20 Rogue Res V 45 Rokmaster Res V 25 Rokmaster Res* O 300 Romios Gold Rs* O 34 Romios Gold Rs V 47 RosCan Mrnls V 162 Rosita Mg Corp* O 3 Rosita Mg Corp V 239

0.13 0.00 0.13 unch 0.00 0.17 0.08 0.10 0.10 0.10 unch 0.00 0.13 0.05 0.15 0.14 0.15 unch 0.00 0.25 0.13 0.11 0.10 0.10 + 0.01 0.16 0.09 0.01 0.01 0.01 unch 0.00 0.02 0.00 8.50 0.00 8.40 - 0.80 9.45 1.00 0.04 0.03 0.03 - 0.01 0.17 0.03 0.02 0.02 0.02 unch 0.00 0.13 0.02 0.12 0.09 0.12 + 0.03 0.20 0.08 82.05 82.05 82.05 - 1.75 103.90 80.20 83.30 80.00 80.58 - 1.68 108.29 77.70 0.01 0.01 0.01 unch 0.00 0.02 0.01 0.23 0.16 0.20 - 0.01 0.44 0.07 0.15 0.14 0.15 unch 0.00 0.30 0.12 1.25 1.10 1.15 - 0.03 2.10 0.05 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.13 0.12 0.12 - 0.01 0.18 0.06 0.20 0.19 0.20 - 0.01 0.58 0.17 0.26 0.25 0.26 unch 0.00 0.79 0.23 0.05 0.05 0.05 unch 0.00 0.08 0.03 0.16 0.15 0.15 unch 0.00 0.25 0.06 0.08 0.07 0.08 + 0.01 0.14 0.06 0.03 0.03 0.03 unch 0.00 0.10 0.02 0.05 0.04 0.04 - 0.01 0.15 0.04 0.04 0.03 0.04 + 0.00 0.12 0.03 0.24 0.20 0.24 + 0.04 0.57 0.08 0.32 0.25 0.31 + 0.04 0.75 0.10 0.28 0.00 0.28 + 0.03 0.28 0.10 1.90 1.76 1.90 + 0.05 3.00 1.46 0.04 0.02 0.03 + 0.01 0.04 0.02 0.36 0.34 0.36 + 0.02 1.45 0.34 0.19 0.17 0.18 - 0.00 0.38 0.16 0.25 0.23 0.23 - 0.01 0.48 0.21 0.06 0.05 0.05 - 0.01 0.09 0.03 0.11 0.11 0.11 unch 0.00 0.69 0.08 0.08 0.07 0.07 - 0.01 0.21 0.07 0.07 0.06 0.06 - 0.01 0.15 0.05 0.12 0.11 0.12 unch 0.00 0.18 0.10 0.04 0.03 0.04 + 0.01 0.07 0.02 0.48 0.44 0.46 - 0.02 0.70 0.42 0.60 0.55 0.59 + 0.04 0.86 0.21 0.06 0.04 0.06 + 0.01 0.18 0.04 0.11 0.08 0.08 - 0.03 0.15 0.05 0.11 0.11 0.11 unch 0.00 0.16 0.11 0.00 0.00 0.00 - 0.00 0.00 0.00 62.57 59.75 62.57 + 3.36 65.30 44.10 57.40 53.87 56.60 + 2.34 59.25 37.66 56.25 0.00 56.25 + 2.65 58.07 37.20 0.15 0.11 0.12 + 0.02 0.36 0.09 0.00 0.00 0.20 unch 0.00 0.22 0.02 0.27 0.24 0.26 + 0.03 0.50 0.22 0.21 0.19 0.20 + 0.02 0.36 0.17 0.04 0.03 0.03 - 0.01 0.06 0.02 0.07 0.07 0.07 unch 0.00 0.23 0.06 0.05 0.05 0.05 unch 0.00 0.14 0.04 0.11 0.09 0.10 + 0.01 0.14 0.06 0.08 0.07 0.08 + 0.01 0.09 0.04 1.40 0.00 1.30 - 0.08 2.16 0.76 1.10 1.10 1.10 unch 0.00 1.66 0.59 0.03 0.03 0.03 unch 0.00 0.10 0.03 0.05 0.04 0.04 unch 0.00 0.12 0.04 0.04 0.03 0.04 + 0.01 0.05 0.01 0.15 0.14 0.14 unch 0.00 0.19 0.12 0.22 0.00 0.22 - 0.08 0.50 0.22 0.28 0.22 0.26 + 0.00 0.67 0.06 0.36 0.28 0.33 + 0.01 0.84 0.09 0.00 0.00 0.22 unch 0.00 0.30 0.15 0.25 0.22 0.25 unch 0.00 0.46 0.09 0.20 0.20 0.20 unch 0.00 0.43 0.16 0.23 0.23 0.23 - 0.01 0.58 0.18 0.03 0.03 0.03 unch 0.00 0.07 0.02 0.02 0.02 0.02 unch 0.00 0.05 0.02 0.07 0.06 0.07 + 0.01 0.07 0.03 0.09 0.08 0.08 - 0.01 0.09 0.04 0.08 0.06 0.08 + 0.01 0.11 0.05 0.04 0.04 0.04 + 0.00 0.06 0.01 0.07 0.06 0.07 + 0.02 0.12 0.02

R

(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

501 V Ross River Rotation Mnls V 1825 V 557 Roughrider Exp Roxgold* O 35 T 3179 Roxgold Royal Gold* D 2664 41 Royal Mines &M* O Royal Nickel T 4713 Royal Nickel* O 177 380 Royal Rd Mnrls V Royal Std Mnrl* O 384 RT Minerals V 2230 RT Minerals* O 49 RTG Mining T 123 O 21 Rubicon Mnrls* T 105 Rubicon Mnrls Rugby Mng V 37 32 Running Fox Rs V Rupert Res V 156 Rusoro Mng* O 110 Rusoro Mng V 161 97 Rye Patch Gold* O Rye Patch Gold V 1261

0.02 0.01 0.01 - 0.01 0.03 0.01 0.12 0.22 0.15 0.19 - 0.03 0.45 0.04 unch 0.00 0.12 0.04 0.04 0.04 0.78 0.96 0.92 0.96 + 0.05 1.13 1.25 1.15 1.24 + 0.08 1.44 0.98 67.10 90.74 88.30 89.46 + 0.67 94.39 0.00 0.00 0.00 unch 0.00 0.01 0.00 0.16 0.25 0.20 0.24 + 0.04 0.38 0.12 0.20 0.16 0.19 + 0.03 0.31 0.12 0.12 0.12 unch 0.00 0.18 0.06 0.00 0.00 0.00 unch 0.00 0.01 0.00 0.02 0.03 0.02 0.02 - 0.01 0.14 0.03 unch 0.00 0.10 0.03 0.03 0.03 0.10 0.20 0.16 0.16 + 0.02 0.55 0.90 0.99 0.96 0.97 + 0.03 1.48 1.13 1.25 1.18 1.24 + 0.02 1.88 0.24 0.38 0.37 0.38 + 0.01 0.50 0.03 0.03 0.03 unch 0.00 0.04 0.01 0.68 1.26 1.19 1.20 - 0.06 1.46 0.05 0.07 0.00 0.06 - 0.00 0.16 0.06 0.09 0.08 0.09 + 0.01 0.22 0.96 0.91 0.91 - 0.01 1.56 0.80 1.24 1.07 1.16 - 0.02 2.05 1.05

T 648 Sabina Gd&Slvr O 379 Sabina Gd&Slvr* Sable Res V 711 Sage Gold* O 97 Sage Gold V 1183 Sailfish Rylty V 6 Saint Jean* O 61 Saint Jean V 412 Salazar Res* O 105 Salazar Res V 270 87 Salt Lake Pot* O Sama Res V 1643 15 O Sama Res* Samco Gold V 9 Samex Mng* O 56 64 San Gold Corp* O 7 San Marco Res* O 137 San Marco Res V V 540 Sanatana Diam Sandfire Res V 930 Sandfire Res* O 561 O 297 Sandspring Res* V 809 Sandspring Res T 1092 Sandstorm Gold X 4870 Sandstorm Gold* 50 Sandy Lake Gld* O 306 Sandy Lake Gld V Santa Fe Gold* O 840 Santacruz Silv V 227 Sarama Res V 202 Sarissa Res* O 1105 Satori Res V 148 Saturn Mnrls V 533 Savary Gold V 304 Savary Gold* O 404 Saville Res V 1256 437 Scandium Intl T O 81 Scandium Intl* Scorpio Gold V 357 ScoZinc Mg V 14 ScoZinc Mg* O 22 Seabridge Gld T 358 Seabridge Gld* N 1869 Search Mnls V 92 Searchlight* O 30 Secova Mtls* O 490 Secova Mtls V 611 Sego Res V 763 Select Sands V 1293 T 2736 Semafo O 16 Senator Mnrls* Senator Mnrls V 122 V 0 Sennen Potash Serabi Gold T 145 Serengeti Res V 621 Shamrock Ent 35 Sherritt Intl T 8123 V 187 Shoshoni Gold 26657 N Sibanye Gold* O 0 Sibanye Gold* O 1117 Sidney Resrces* Sienna Res* O 2 Sienna Res V 821 Sierra Metals* X 284 Sierra Metals T 75 O 54 Signature Res* Signature Res V 605 546 Silver Bear Rs T 14 Silver Bear Rs* O Silver Bull Re* O 2037 Silver Bull Re T 2338 O 170 Silver Dragon* Silver Grail V 159 Silver Hill* O 0 90 Silver Mtn Mns V Silver Predatr V 307 Silver Pursuit* O 0 Silver Pursuit V 749 Silver Range V 61 Silver Scott* O 5 Silver Spruce* O 40 Silver Spruce V 69 Silver Stream* O 0 Silver Viper V 29 Silver Wheaton T 3691 N 7751 Silver Wheaton* T 1803 Silvercorp Met X 1871 Silvercorp Met* O 191 SilverCrest Mt* SilverCrest Mt V 741 O 0 Silverore Mns* O 45 Silverstar Res* Sirios Res* O 17 Sirios Res V 573 Sitka Gold 130 Skeena Res V 498 Skeena Res* O 95 V 712 Skyharbour Res O 348 Skyharbour Res* Slam Explor* O 28 Slam Explor V 124 O 17 Sojourn Explor* V 209 Sojourn Explor O 48 Sokoman Iron* Sokoman Iron V 379 SolGold plc* O 100 SolGold plc T 92 Solitario Ex&R T 62 X 455 Solitario Ex&R* 195 Sonora Gld & S V 5 Sonora Res * O Sonoro Mtls V 250 Southern Arc* O 16 Southern Arc V 27 N 4466 Southern Copp* O 156 Southern Silvr* Southern Silvr V 231 T 5 SouthGobi Res Spanish Mtn Gd* O 293 365 Spanish Mtn Gd V Sparton Res V 354 Sparton Res* O 37 O 52 Spearmint Res* V 8609 Spearmint Res Sphinx Res V 246 935 Sprott Res Hld T 292 Spruce Ridge R V 99 Squire Mg Ltd SRG Graphite V 56 SSR Mining* D 3997 SSR Mining T 1075 St Augustine T 625 1 St Elias Mns* O O 35 St-Georges Eco* St-Georges Eco 12849 O 48 Stakeholdr Gld* V 27 Stakeholdr Gld O 1103 Standard Graph* Standard Lith V 472 O 76 Standard Metal* Stans Energy V 375 Stans Energy* O 148 Star Diamond T 3585 O 127 Star Diamond* Star Gold* O 8 Starcore Intl T 27 O 0 Steele Oceanic*

1.48 1.82 1.74 1.77 - 0.03 2.70 1.12 1.48 1.36 1.39 - 0.04 2.17 0.11 0.33 0.25 0.28 - 0.05 0.35 0.06 0.08 0.07 0.07 - 0.01 0.20 0.08 0.09 0.08 0.09 - 0.01 0.27 1.00 1.77 0.00 1.75 - 0.02 3.07 0.02 0.03 0.02 0.03 + 0.00 0.06 0.03 unch 0.00 0.09 0.03 0.03 0.03 0.06 0.12 0.10 0.10 - 0.03 0.13 0.08 0.15 0.13 0.14 - 0.01 0.18 0.46 0.44 0.46 + 0.01 0.47 0.27 0.12 0.47 0.42 0.46 + 0.02 0.50 0.10 0.37 0.35 0.36 + 0.02 0.41 0.02 0.05 0.05 0.05 + 0.01 0.11 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 0.19 0.18 0.18 - 0.01 0.23 0.10 0.25 0.00 0.25 + 0.01 0.30 0.13 0.03 0.05 0.04 0.05 + 0.01 0.07 0.06 unch 0.00 0.14 0.11 0.10 0.11 0.05 0.09 0.08 0.09 + 0.01 0.10 0.20 0.27 0.26 0.27 + 0.00 0.40 0.27 0.35 0.33 0.33 + 0.01 0.54 4.37 6.08 5.84 5.91 - 0.09 6.95 3.18 4.84 4.59 4.66 - 0.11 5.64 0.06 0.06 0.06 unch 0.00 0.07 0.03 0.08 0.07 0.07 - 0.01 0.11 0.05 0.13 0.10 0.12 - 0.00 0.20 0.07 0.09 0.16 0.14 0.15 + 0.01 0.28 0.08 0.12 0.11 0.12 - 0.01 0.23 0.00 0.00 0.00 0.00 + 0.00 0.01 0.07 unch 0.00 0.30 0.10 0.09 0.10 0.07 0.16 0.14 0.16 + 0.02 0.18 0.04 0.06 0.05 0.05 - 0.01 0.10 0.03 0.05 0.04 0.04 - 0.01 0.07 0.06 0.08 0.07 0.07 - 0.02 0.40 0.19 0.17 0.18 unch 0.00 0.46 0.16 0.12 0.15 0.14 0.14 - 0.00 0.35 0.02 0.03 0.03 0.03 + 0.01 0.09 1.00 1.20 1.00 1.12 + 0.10 1.75 0.76 0.96 0.00 0.96 + 0.14 1.44 12.61 13.67 12.89 13.44 - 0.06 17.65 10.90 10.25 10.60 - 0.10 13.70 9.50 0.03 0.09 0.08 0.08 + 0.01 0.10 0.01 0.02 0.00 0.02 + 0.00 0.06 0.01 0.02 0.01 0.01 + 0.00 0.06 0.02 0.02 0.02 0.02 - 0.01 0.08 0.03 unch 0.00 0.09 0.06 0.05 0.05 0.33 0.38 0.33 0.36 - 0.01 1.62 2.68 3.94 3.77 3.81 - 0.04 4.14 0.14 0.16 0.14 0.14 - 0.02 1.57 0.17 0.20 0.00 0.20 + 0.02 1.99 0.30 unch 0.00 1.00 0.00 0.00 0.45 0.05 0.07 0.06 0.07 + 0.01 0.09 0.13 0.15 0.13 0.15 - 0.01 0.26 0.02 0.05 0.03 0.05 - 0.01 0.08 0.74 1.32 1.15 1.25 + 0.08 1.87 0.04 unch 0.00 0.07 0.05 0.05 0.05 3.37 3.78 3.37 3.71 + 0.03 8.67 1.04 unch 0.00 2.18 0.00 0.00 1.07 0.00 unch 0.00 0.02 0.01 0.01 0.01 0.07 0.18 0.17 0.17 - 0.01 0.32 0.09 0.22 0.19 0.19 - 0.03 0.39 2.10 2.80 2.58 2.70 + 0.10 3.10 2.75 3.63 3.25 3.37 + 0.13 3.68 0.04 0.07 0.05 0.07 + 0.02 0.09 0.05 0.09 0.08 0.09 + 0.01 0.15 0.26 0.22 0.26 + 0.03 0.39 0.12 0.20 0.19 0.19 - 0.01 0.30 0.08 0.19 0.17 0.19 + 0.01 0.23 0.06 0.24 0.21 0.24 + 0.02 0.29 0.08 0.00 0.01 0.01 0.01 + 0.00 0.03 0.05 unch 0.00 0.13 0.07 0.07 0.07 0.10 unch 0.00 0.36 0.00 0.00 0.12 0.02 0.02 0.02 unch 0.00 0.04 0.02 0.09 0.11 0.09 0.11 + 0.01 0.28 0.13 unch 0.00 0.16 0.00 0.00 0.13 0.11 0.20 0.18 0.19 - 0.02 0.21 0.12 0.17 0.16 0.16 - 0.01 0.29 0.01 unch 0.00 0.24 0.02 0.02 0.02 0.02 0.03 0.03 0.03 + 0.00 0.06 0.04 0.04 0.04 0.04 - 0.01 0.09 0.01 unch 0.00 1.00 0.00 0.00 0.55 0.15 0.22 0.21 0.21 + 0.02 0.30 23.18 27.71 26.60 27.13 + 0.35 29.90 18.32 21.93 21.14 21.31 + 0.07 22.72 2.72 3.75 3.34 3.62 + 0.19 4.69 2.12 2.97 2.65 2.87 + 0.16 3.67 0.84 1.70 1.58 1.66 + 0.00 2.10 1.05 2.14 2.03 2.13 + 0.01 2.58 0.03 unch 0.00 0.03 0.00 0.00 0.03 0.10 unch 0.00 3.36 0.10 0.10 0.10 0.18 0.21 0.18 0.21 + 0.03 0.36 0.23 0.27 0.23 0.25 + 0.01 0.49 0.16 unch 0.00 0.30 0.20 0.20 0.20 0.40 unch 0.00 0.80 0.53 0.50 0.52 0.27 0.01 0.66 0.40 - 0.43 0.39 0.31 0.43 0.36 0.40 + 0.04 0.57 0.24 0.35 0.29 0.31 + 0.02 0.42 0.02 0.04 0.03 0.04 + 0.01 0.05 0.03 unch 0.00 0.07 0.05 0.05 0.05 0.11 0.11 0.11 0.11 + 0.00 0.21 0.11 0.15 0.12 0.14 + 0.01 0.30 0.02 unch 0.00 0.07 0.04 0.04 0.04 0.03 unch 0.00 0.10 0.04 0.04 0.04 0.28 0.40 0.36 0.40 + 0.02 0.61 0.34 0.48 0.46 0.47 - 0.01 0.95 0.56 0.64 0.58 0.64 + 0.05 1.20 0.43 0.51 0.47 0.49 - 0.00 0.91 0.11 0.10 0.10 - 0.02 0.20 0.05 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.11 unch 0.00 0.20 0.16 0.16 0.16 0.31 unch 0.00 0.65 0.39 0.00 0.39 0.36 0.55 0.42 0.55 + 0.05 0.90 32.63 58.09 55.19 56.16 + 1.26 58.09 0.17 0.23 0.20 0.21 - 0.02 0.35 0.22 0.28 0.26 0.27 - 0.02 0.47 0.12 0.02 0.40 0.15 - 0.17 0.15 0.10 0.08 0.08 - 0.00 0.14 0.06 0.12 0.11 0.11 unch 0.00 0.20 0.08 0.03 0.08 0.07 0.07 + 0.01 0.14 0.02 0.05 0.05 0.05 + 0.01 0.11 0.02 0.07 0.06 0.06 - 0.01 0.11 0.02 0.08 0.07 0.07 - 0.01 0.14 0.04 0.08 0.07 0.08 + 0.01 0.08 0.14 0.13 0.14 unch 0.00 0.19 0.12 0.05 0.04 0.04 unch 0.00 0.06 0.01 0.31 0.27 0.30 + 0.03 0.45 0.05 0.32 1.65 1.50 1.55 - 0.10 2.25 10.46 9.93 10.28 + 0.20 11.40 7.64 13.15 12.50 13.09 + 0.41 14.58 9.66 0.02 0.03 0.02 0.03 - 0.01 0.05 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.11 0.28 0.18 0.26 + 0.02 2.20 0.02 0.37 0.22 0.35 + 0.05 2.90 0.18 unch 0.00 0.45 0.20 0.19 0.20 0.23 unch 0.00 0.64 0.25 0.24 0.25 0.13 0.76 0.70 0.72 - 0.00 0.86 0.71 0.17 2.85 1.74 1.50 1.58 - 0.02 0.18 0.15 0.18 - 0.00 0.19 0.03 0.04 0.03 0.03 - 0.01 0.05 0.02 0.03 0.02 0.03 + 0.00 0.04 0.15 0.25 0.19 0.21 + 0.02 0.44 0.12 0.18 0.16 0.16 + 0.01 0.33 0.05 unch 0.00 0.11 0.07 0.00 0.07 0.20 0.24 0.22 0.22 - 0.01 0.54 0.96 unch 0.00 3.49 0.00 0.00 0.96

S

2018-04-24 9:57 AM

GLOBAL MINING NEWS

(100s) Stock

THE NORTHERN MINER / APRIL 30–MAY 13, 2018

Week

12-month

Exc Volume High Low Last Change High Low

Stellar Africa* O 6 Stellar Africa V 624 Stelmine Can V 70 Sterling Grp* O 1 Stina Res* O 522 Stina Res 6962 Stornoway Diam* O 25 Stornoway Diam T 384 Stratabd Mnr V 715 Strateco Res* O 25 Strategic Metl V 172 Strategic Metl* O 40 Strategic Res V 125 Strategic Res* O 0 Stria Lithium V 151 Strikepoint Gd V 553 Strikepoint Gd* O 17 Strongbow Expl V 634 Strongbow Expl* O 92 Stroud Res V 50 Sulliden Mng T 44 Suncor Energy T 14070 Suncor Energy* N 15141 O 41 Sunvest Mnrls* Sunvest Mnrls V 333 Superior Gold* O 82 Superior Gold V 684 Superior Mng V 19 Supreme Metals 1298 Surge Copper * O 250 Surge Copper V 509 Sutter Gold V 1315 Sutter Gold* O 155 Syrah Res* O 80

0.05 0.04 0.04 + 0.01 0.05 0.03 0.06 0.05 0.06 + 0.01 0.07 0.03 0.19 0.18 0.18 - 0.01 0.45 0.14 0.04 0.04 0.04 unch 0.00 0.10 0.03 0.54 0.41 0.52 + 0.07 0.53 0.08 0.67 0.51 0.65 + 0.08 0.67 0.10 0.47 0.44 0.44 unch 0.00 0.66 0.41 0.58 0.56 0.58 unch 0.00 0.86 0.50 0.05 0.04 0.05 unch 0.00 0.08 0.01 0.00 0.00 0.00 unch 0.00 0.05 0.00 0.48 0.42 0.43 unch 0.00 0.73 0.40 0.37 0.33 0.35 + 0.02 0.54 0.31 0.19 0.19 0.19 unch 0.00 0.25 0.10 0.00 0.00 0.14 unch 0.00 0.14 0.09 0.05 0.00 0.05 unch 0.00 0.08 0.03 0.24 0.20 0.21 - 0.02 0.67 0.15 0.18 0.17 0.17 - 0.00 0.47 0.11 0.26 0.22 0.22 - 0.03 0.27 0.13 0.20 0.19 0.19 + 0.01 0.20 0.10 0.02 0.02 0.02 unch 0.00 0.03 0.01 0.42 0.38 0.38 - 0.02 0.65 0.18 49.00 47.06 48.80 + 1.08 49.00 36.09 38.87 37.42 38.25 + 0.38 38.87 27.96 0.06 0.06 0.06 + 0.00 0.18 0.06 0.10 0.09 0.09 unch 0.00 0.15 0.08 1.22 1.19 1.21 - 0.03 1.28 0.69 1.58 1.48 1.57 + 0.07 1.62 0.85 0.06 0.06 0.06 unch 0.00 0.13 0.04 0.06 0.05 0.05 unch 0.00 0.08 0.03 0.10 0.00 0.09 - 0.04 0.21 0.09 0.14 0.11 0.12 - 0.01 0.26 0.09 0.03 0.02 0.02 unch 0.00 0.05 0.02 0.02 0.02 0.02 + 0.00 0.04 0.01 2.61 2.43 2.58 + 0.15 3.85 1.68

Tahoe Res* N 10319 Tahoe Res T 3540 Tajiri Res V 27 Taku Gold* O 21 Taku Gold 44 Talon Metals T 82 O 210 Tamerlane Vent* Tamino Mnrls* O 7900 Tanager Energy V 182 Tango Mining V 1063 Tanqueray Expl V 631 Tantalex Res 398 Tanzania Mnls V 1453 Tanzania Rlty T 376 Tanzania Rlty* X 2913 Taranis Res V 82 Taranis Res* O 118 Tarku Res V 85 Tartisan Nick 1391 Tasca Res V 562 Taseko Mines* X 2539 Taseko Mines T 1410 T 7796 Teck Res Teck Res T 9 Teck Res* N 13701 Telson Res * O 15 Telson Res V 131 Tembo Gold V 142 Tembo Gold* O 73 Teranga Gold T 1180 Teranga Gold* O 74 Teras Res V 62 Teras Res* O 64 Terraco Gold V 789 Terrax Mnrls* O 48 Terrax Mnrls V 182 Terreno Res V 1016 Teslin Rvr Res V 1079 Tesoro Mnrls V 100 Tethyan Res V 44 Teuton Res* O 19 Teuton Res V 137 Texas Mineral* O 62 Theia Res V 200 Themac Res V 55 Thor Expl V 31 3 Thunder Mtn Gd V Thunder Mtn Gd* O 21 Thunderstruck V 36 Thunderstruck* O 3

5.60 5.07 5.40 + 0.31 9.68 3.76 7.05 6.38 6.87 + 0.45 12.98 4.75 0.15 0.14 0.15 + 0.03 0.18 0.08 0.05 0.04 0.04 - 0.01 0.20 0.04 0.06 0.00 0.06 unch 0.00 0.25 0.05 0.06 0.06 0.06 unch 0.00 0.15 0.05 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.00 0.00 0.00 + 0.00 0.00 0.00 0.10 0.08 0.08 - 0.02 0.20 0.08 0.04 0.03 0.04 unch 0.00 0.06 0.03 0.83 0.68 0.78 + 0.03 1.41 0.33 0.17 0.14 0.14 - 0.01 0.25 0.03 0.01 0.01 0.01 unch 0.00 0.04 0.01 0.74 0.62 0.69 + 0.09 0.79 0.31 0.60 0.49 0.53 + 0.05 0.60 0.24 0.11 0.09 0.09 - 0.02 0.14 0.07 0.09 0.09 0.09 unch 0.00 0.11 0.03 0.04 0.04 0.04 + 0.01 0.07 0.03 0.14 0.09 0.11 - 0.03 0.16 0.09 0.09 0.07 0.09 + 0.02 0.62 0.05 1.36 1.19 1.29 + 0.10 2.46 1.00 1.72 1.51 1.64 + 0.11 2.98 1.38 34.45 32.68 33.99 + 0.41 38.89 19.27 34.40 32.72 34.10 + 0.85 38.90 20.00 27.43 25.99 26.65 - 0.02 30.80 14.56 0.63 0.58 0.58 - 0.05 0.74 0.19 0.77 0.72 0.72 - 0.05 1.00 0.28 0.04 0.03 0.03 - 0.01 0.05 0.01 0.03 0.02 0.03 unch 0.00 0.03 0.01 4.76 4.35 4.76 + 0.38 4.75 2.36 3.77 3.49 3.74 + 0.24 6.40 1.83 0.10 0.00 0.10 + 0.01 0.17 0.07 0.08 0.07 0.08 + 0.00 0.12 0.05 0.10 0.09 0.09 unch 0.00 0.14 0.08 0.39 0.32 0.35 - 0.00 0.51 0.30 0.48 0.42 0.45 + 0.03 0.65 0.38 0.05 0.04 0.04 unch 0.00 0.18 0.03 0.48 0.40 0.42 + 0.01 0.76 0.39 0.08 0.00 0.07 + 0.01 0.12 0.06 0.32 0.25 0.25 - 0.10 0.57 0.18 0.15 0.14 0.15 - 0.00 0.26 0.12 0.19 0.15 0.16 - 0.03 0.35 0.15 0.18 0.17 0.18 + 0.01 0.28 0.12 0.08 0.07 0.08 + 0.02 0.12 0.07 0.09 0.05 0.07 - 0.01 0.10 0.03 0.19 0.15 0.18 + 0.01 0.25 0.09 0.22 0.20 0.22 + 0.02 0.32 0.12 0.16 0.12 0.12 - 0.04 0.30 0.08 0.09 0.08 0.09 unch 0.00 0.13 0.05 0.06 0.06 0.06 + 0.00 0.10 0.04

T

(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

Till Capital* D 22 Till Capital V 0 Timberline Res V 130 Timberline Res* O 572 Timmins Gold* X 772 Timmins Gold T 1053 Tinka Res* O 184 Tinka Res V 748 Titan Mining T 281 Titanium Corp V 149 TMAC Resource* O 5 TMAC Resources T 126 TNR Gold V 502 Toachi Mg Inc V 363 Tolima Gold V 1166 TomaGold V 440 Tombstone Expl* O 800 Tonogold Res* O 105 Torex Gold* O 150 Torex Gold T 2114 Toron, Inc* O 2972 Torq Resources* O 31 Torq Resources V 279 Tower Res* O 30 Tower Res V 544 Transatlan Mng* O 1 Transatlan Mng V 129 Transition Mtl V 131 Treasury Metal T 277 Treasury Metal* O 167 Trecora Res* N 143 Trek Mining V 1212 Trek Mining* O 190 Tres-Or Res V 380 Trevali Mng* O 604 10858 Trevali Mng T Tri Origin Exp V 1732 Trident Gold V 0 Trifecta Gold* O 28 Trifecta Gold V 166 Trigen Res* O 18 Trilogy Mtls T 61 Trilogy Mtls* X 1733 TriMetals Mng* O 103 TriMetals Mng* O 60 TriMetals Mng T 305 Trinity Res* O 1 Trinity Valley V 81 Trio Resources* O 0 TriStar Gold* O 82 TriStar Gold V 33 Triumph Gold V 187 O 89 Triumph Gold* Troilus Gold* O 1 Troilus Gold V 65 Troy Enrgy V 2 Troy Res* O 24 Troymet Expl V 355 True Grit Res V 5 True North Gem V 3721 V 57 Trueclaim Expl Tsodilo Res V 27 18 Tudor Gold * O Tudor Gold V 364 Tundra Gold* O 2 Tungsten Corp* O 104 Turquoise HIl* N 17808 Turquoise HIl T 3474 TVI Pacific V 504 TVI Pacific* O 28 Tyhee Gold* O 80 Typhoon Expl V 235

4.19 0.00 3.95 - 0.15 5.45 3.30 4.75 0.00 4.75 unch 0.00 5.85 3.79 0.12 0.10 0.11 unch 0.00 0.64 0.10 0.10 0.08 0.10 + 0.01 0.50 0.08 2.12 1.98 1.99 - 0.04 6.06 1.70 2.67 2.51 2.53 - 0.04 7.99 2.23 0.44 0.39 0.39 - 0.02 0.75 0.34 0.54 0.49 0.50 - 0.01 0.87 0.45 1.31 1.18 1.24 - 0.06 1.65 0.92 0.88 0.80 0.80 - 0.08 1.50 0.70 6.40 6.29 6.30 - 0.06 12.51 5.45 8.45 7.72 8.00 + 0.05 16.90 6.90 0.04 0.04 0.04 + 0.01 0.09 0.03 0.15 0.14 0.14 + 0.01 0.50 0.13 0.02 0.01 0.02 + 0.01 0.06 0.01 0.06 0.06 0.06 - 0.01 0.11 0.06 0.00 0.00 0.00 unch 0.00 0.01 0.00 0.15 0.14 0.15 + 0.01 0.40 0.03 11.10 9.85 10.10 - 0.11 19.75 5.73 13.99 12.05 12.89 + 0.02 26.23 7.29 0.01 0.01 0.01 - 0.00 0.02 0.00 0.55 0.49 0.51 - 0.02 1.10 0.35 0.68 0.63 0.64 - 0.03 0.90 0.43 0.11 0.11 0.11 unch 0.00 0.24 0.08 0.15 0.13 0.13 - 0.02 0.34 0.10 0.05 0.03 0.03 unch 0.00 0.08 0.04 0.06 0.00 0.06 + 0.01 0.25 0.04 0.16 0.14 0.15 + 0.01 0.21 0.12 0.54 0.51 0.52 unch 0.00 0.77 0.50 0.43 0.40 0.40 - 0.01 0.65 0.30 14.40 13.50 13.95 + 0.40 14.40 10.13 1.17 1.10 1.13 - 0.02 1.41 0.88 0.94 0.87 0.88 - 0.03 1.11 0.69 0.05 0.04 0.05 - 0.01 0.07 0.03 0.99 0.93 0.98 + 0.05 1.37 0.76 1.26 1.17 1.24 + 0.03 1.75 1.03 0.03 0.03 0.03 - 0.01 0.06 0.02 0.00 0.00 0.20 unch 0.00 0.22 0.14 0.09 0.06 0.06 - 0.02 0.20 0.07 0.10 0.00 0.09 - 0.02 0.40 0.10 0.38 0.00 0.36 - 0.03 0.46 0.04 1.57 1.41 1.55 - 0.03 2.03 0.78 1.26 1.12 1.20 - 0.06 1.64 0.58 0.14 0.11 0.12 - 0.04 0.20 0.09 0.17 0.16 0.17 - 0.00 0.20 0.11 0.18 0.15 0.15 - 0.04 0.26 0.12 0.01 0.00 0.01 unch 0.00 0.10 0.01 0.09 0.09 0.09 - 0.01 0.18 0.08 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.20 0.17 0.19 + 0.01 0.32 0.13 0.25 0.24 0.24 - 0.01 0.41 0.18 0.39 0.36 0.39 + 0.03 0.57 0.25 0.31 0.28 0.31 + 0.03 0.46 0.20 1.14 1.14 1.14 unch 0.00 1.59 1.02 1.60 1.41 1.60 + 0.15 2.25 0.29 0.06 0.06 0.06 unch 0.00 0.15 0.03 0.10 0.08 0.10 + 0.03 0.13 0.05 0.01 0.01 0.01 unch 0.00 0.03 0.01 0.05 0.05 0.05 unch 0.00 0.07 0.02 0.01 0.01 0.01 - 0.01 0.02 0.01 0.18 0.11 0.17 + 0.06 0.30 0.07 0.62 0.62 0.62 + 0.02 0.94 0.52 0.34 0.31 0.33 + 0.01 0.71 0.31 0.43 0.40 0.41 + 0.01 0.94 0.37 1.00 1.00 1.00 unch 0.00 1.00 1.00 0.00 0.00 0.00 - 0.00 0.00 0.00 3.18 3.02 3.17 + 0.11 3.59 2.44 4.05 3.81 4.04 + 0.20 4.52 3.25 0.02 0.01 0.01 unch 0.00 0.02 0.01 0.01 0.01 0.01 - 0.01 0.02 0.00 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.08 0.08 0.08 unch 0.00 0.12 0.04

U.S. Lithium* O 2258 U3O8 Corp* O 85 U3O8 Corp T 217 UC Res* O 0 Ucore Rare Mtl V 228 Ucore Rare Mtl* O 348 UEX Corp T 5166 Ultra Lithium* O 6 Ultra Lithium V 203 Umbral Enrgy* O 18 Unigold* O 28 V 37 Unigold

0.03 0.02 0.02 - 0.00 0.06 0.02 0.33 0.27 0.32 + 0.05 0.49 0.18 0.40 0.35 0.36 + 0.01 0.70 0.21 0.00 0.00 0.00 unch 0.00 0.01 0.00 0.24 0.21 0.22 - 0.01 0.32 0.18 0.19 0.17 0.17 - 0.02 0.26 0.14 0.35 0.29 0.34 + 0.05 0.41 0.15 0.19 0.15 0.15 - 0.03 0.63 0.11 0.25 0.19 0.20 - 0.03 0.80 0.14 0.31 0.30 0.30 - 0.03 0.64 0.03 0.14 0.00 0.14 unch 0.00 0.24 0.13 0.17 0.16 0.16 - 0.03 0.33 0.16

U-V

(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

United Lithium 4 United Res Hdg* O 21 United Silver* O 24 United States A* X 147 United States S* N 51584 Unity Energy V 8 Unity Energy* O 5 Universal Vent V 252 Upper Canyon V 30 Ur-Energy T 393 Ur-Energy* X 3186 Uracan Res V 1194 Uracan Res* O 26 Uragold Bay Rs V 772 Uranium Energy* X 9317 Uranium Hunter* O 0 Uranium Res* D 1332 Uravan Mnrls V 234 URZ Energy V 170 URZ Energy* O 115 US Cobalt V 2980 US Cobalt * O 824 US Energy* D 511 US Precious M* O 581 USCorp* O 61 Vale* N 99512 Valencia Vent* O 0 ValGold Res V 187 Valley High Mg* O 1490 Valterra Res V 341 Valterra Res* O 9 Vanadium One V 1714 O 101 Vanadiumcorp* V 642 Vanadiumcorp Vangold Res* O 41 Vangold Res V 239 Vanstar Mng Rs V 120 Vantex Res * O 1 Vantex Res V 88 Vatic Vent V 14185 Vedanta* N 2801 Vela Minerals V 35 Velocity Mnrls* O 4 Velocity Mnrls V 465 Vendetta Mng V 1234 O 423 Vendetta Mng* Venerable Vent V 8 Venture Mnrls* O 30 Verde Potash T 134 Verde Res* O 5 Veris Gold* O 4 Victoria Gold V 2411 Victory Nickel 472 Victory Nickel* O 10 Victory Res V 5 Victory Res* O 2 Victory Vent* O 27 Victory Vent V 262 Virginia Enrgy* O 29 Virginia Enrgy V 107 Viscount Mng V 568 Visible Gold M V 228 3 Visible Gold M* O Vision Lithium V 68 Vision Lithium* O 10 Vista Gold* X 1141 Vista Gold T 75 Viva Gold V 15 Volcanic Gold V 130 Volt Energy V 28 Voltaic Min V 187 Voyageur Min* O 9 Voyageur Min V 159 VR Resources* O 160 VR Resources V 765 Vulcan Mnrls V 44 VVC Expl V 292

0.55 0.55 0.55 unch 0.00 0.56 0.40 0.03 0.03 0.03 + 0.00 0.07 0.00 0.00 0.00 0.00 + 0.00 0.01 0.00 0.27 0.24 0.25 - 0.02 0.47 0.20 38.35 34.98 36.65 + 1.14 47.64 18.55 0.19 0.19 0.19 unch 0.00 0.23 0.10 0.14 0.14 0.14 unch 0.00 0.19 0.08 0.42 0.36 0.40 + 0.05 0.50 0.31 0.29 0.00 0.29 + 0.09 0.34 0.03 0.96 0.89 0.94 + 0.08 0.98 0.62 0.76 0.68 0.74 + 0.04 0.79 0.50 0.03 0.02 0.02 - 0.01 0.06 0.02 0.01 0.01 0.01 - 0.02 0.09 0.01 0.10 0.09 0.10 unch 0.00 0.17 0.08 1.74 1.49 1.60 + 0.11 2.00 0.96 0.00 0.00 1.15 unch 0.00 3.00 0.94 0.59 0.53 0.55 + 0.01 1.88 0.51 0.05 0.05 0.05 unch 0.00 0.09 0.04 0.52 0.40 0.48 + 0.04 0.79 0.20 0.42 0.31 0.38 + 0.07 0.51 0.24 1.15 0.94 0.96 - 0.12 1.34 0.45 0.92 0.75 0.76 - 0.10 1.04 0.36 1.19 1.08 1.09 - 0.05 1.96 0.60 0.00 0.00 0.00 - 0.00 0.01 0.00 0.02 0.01 0.01 - 0.00 0.02 0.00 14.18 12.88 14.00 + 0.88 14.67 7.47 0.00 0.00 0.15 unch 0.00 0.15 0.15 0.08 0.08 0.08 + 0.01 0.09 0.03 0.01 0.01 0.01 + 0.00 0.04 0.00 0.03 0.00 0.03 - 0.01 0.06 0.02 0.03 0.03 0.03 unch 0.00 0.05 0.01 0.08 0.06 0.06 unch 0.00 0.17 0.04 0.10 0.08 0.08 - 0.01 0.14 0.04 0.12 0.10 0.11 unch 0.00 0.18 0.07 0.09 0.08 0.08 - 0.00 1.38 0.05 0.11 0.10 0.10 unch 0.00 0.25 0.06 0.09 0.08 0.09 + 0.01 0.12 0.06 0.06 0.05 0.06 + 0.01 0.16 0.04 0.07 0.00 0.07 - 0.01 0.22 0.05 0.08 0.06 0.08 + 0.02 0.09 0.04 19.05 17.79 18.61 + 0.73 21.99 13.78 0.30 0.30 0.30 unch 0.00 0.54 0.18 0.15 0.15 0.15 unch 0.00 0.35 0.12 0.19 0.00 0.17 - 0.01 0.47 0.15 0.22 0.20 0.21 unch 0.00 0.35 0.19 0.17 0.16 0.17 + 0.00 0.27 0.14 0.10 0.10 0.10 unch 0.00 0.18 0.09 0.04 0.03 0.04 unch 0.00 0.04 0.02 0.80 0.71 0.79 + 0.10 1.77 0.39 0.02 0.02 0.02 unch 0.00 0.20 0.01 0.00 0.00 0.00 + 0.00 0.02 0.00 0.40 0.35 0.38 + 0.02 0.74 0.31 0.07 0.05 0.07 + 0.01 0.07 0.03 0.05 0.04 0.05 + 0.02 0.05 0.00 0.38 0.00 0.38 + 0.01 0.65 0.13 0.19 0.19 0.19 unch 0.00 0.41 0.13 0.16 0.14 0.14 - 0.02 0.24 0.06 0.20 0.18 0.19 unch 0.00 0.36 0.06 0.09 0.00 0.09 + 0.01 0.15 0.04 0.11 0.10 0.11 + 0.01 0.23 0.07 0.34 0.31 0.31 - 0.02 0.40 0.22 0.11 0.09 0.09 - 0.01 0.25 0.09 0.08 0.08 0.08 unch 0.00 0.15 0.04 0.52 0.47 0.49 - 0.01 0.79 0.18 0.41 0.41 0.41 unch 0.00 0.62 0.34 0.78 0.70 0.78 + 0.06 1.05 0.60 0.96 0.89 0.96 + 0.05 1.42 0.77 0.28 0.21 0.25 unch 0.00 0.69 0.21 0.23 0.21 0.23 + 0.03 0.65 0.18 0.24 0.23 0.24 + 0.01 0.96 0.20 0.30 0.23 0.25 + 0.01 1.20 0.18 0.05 0.05 0.05 - 0.00 0.08 0.05 0.08 0.07 0.08 - 0.01 0.15 0.04 0.32 0.25 0.31 + 0.06 0.32 0.21 0.40 0.29 0.40 + 0.11 0.41 0.21 0.05 0.05 0.05 - 0.01 0.08 0.04 0.03 0.03 0.03 unch 0.00 0.07 0.02

Walker Lane* O 1 Walker River* O 80 Walker River V 638 Wallbridge Mng T 556 644 War Eagle Mg V Waseco Res V 20 Wealth Mnrls V 1368

0.10 0.10 0.10 unch 0.00 0.20 0.10 0.03 0.03 0.03 unch 0.00 0.08 0.03 0.07 0.00 0.07 + 0.01 0.17 0.05 0.07 0.07 0.07 - 0.01 0.15 0.06 0.15 0.13 0.14 - 0.01 0.22 0.04 0.05 0.05 0.05 + 0.01 0.08 0.04 1.54 1.32 1.52 + 0.05 2.34 1.16

W-Z

(100s) Stock

Week

23

12-month

Exc Volume High Low Last Change High Low

Wealth Mnrls* O 375 Wescan Gldflds* O 50 Wescan Gldflds V 4 Wesdome Gold* O 287 Wesdome Gold T 2798 West Af Res V 277 West High Yld V 149 West Kirkland * O 5 West Kirkland V 1580 West Red Lake 55 West Red Lake* O 77 Westcot Vent V 12 Western Areas* O 31 Western Copper T 61 Western Copper* X 194 Western Pac Rs V 391 Western Pac Rs* O 256 Western Potash T 166 Western Res* O 5 Western Troy C V 262 Western Troy C* O 60 Western Uran 198 O 200 Western Uran* O 8 Westhaven Vent* Westhaven Vent V 128 Westkam Gold* O 530 Westkam Gold V 1384 Westminster Rs V 109 Westmoreland* D 1977 WestMountain* O 0 O 1 White Energy* White Gold* O 62 White Gold V 135 White Metal R* O 490 White Metal Rs V 261 27 White Mtn Engy* O Whitehaven Coa* O 2 V 60 Whitemud Res O 115 Wincash Apolo* Winston Gold 345 Winston Gold* O 461 Wolfden Res* O 881 Wolfden Res V 1242 Wolfeye Res V 177 Wolverine Mnls* O 0 V 28 Wolverine Mnls Worldwide Res V 3 WPC Res* O 250 WPC Res V 171 X-Terra Res V 168 Xander Res V 480 Xiana Mng* O 6 Xiana Mng V 102 Ximen Mng V 57 Ximen Mng* O 4 XLI Tech Inc* O 203 Xmet Inc* O 12 V 705 Xtierra Xtra-Gold Res T 191 Xtra-Gold Res* O 40 Yamana Gold T 8605 Yamana Gold* N 40435 Yellowhead Mng V 3 Yorbeau Res T 287 You Han Data* O 0 Zadar Vent * O 15 Zadar Vent V 284 Zara Res 595 Zara Res* O 0 Zena Mng V 55 O 73 Zenyatta Vent* Zenyatta Vent V 451 Zeox Corp* O 297 Zephyr Mnls V 36 Zephyr Mnls* O 11 Zimtu Capital V 64 Zinc One Res V 3739 Zinc One Res * O 1165 Zincore Mtls V 193 Zincore Mtls* O 1 Zonte Mtls V 78

1.27 1.05 1.18 + 0.01 1.85 0.92 0.08 0.08 0.08 unch 0.00 0.10 0.04 0.06 0.00 0.06 unch 0.00 0.12 0.05 1.65 1.57 1.59 - 0.01 2.70 0.00 2.08 1.98 2.00 unch 0.00 3.66 1.64 0.39 0.36 0.37 - 0.04 0.50 0.23 0.41 0.36 0.38 - 0.01 3.80 0.24 0.06 0.06 0.06 + 0.01 0.07 0.04 0.07 0.07 0.07 unch 0.00 0.09 0.06 0.10 0.10 0.10 - 0.02 0.24 0.08 0.08 0.07 0.07 - 0.01 0.20 0.06 0.64 0.62 0.64 unch 0.00 1.09 0.04 2.82 2.70 2.75 + 0.22 2.82 1.57 1.08 1.01 1.07 + 0.03 1.76 0.92 0.86 0.79 0.82 - 0.02 1.44 0.71 0.03 0.02 0.02 - 0.01 0.03 0.01 0.02 0.01 0.02 + 0.00 0.03 0.01 0.39 0.37 0.39 + 0.01 0.67 0.37 0.29 0.29 0.29 unch 0.00 0.47 0.29 0.03 0.02 0.03 unch 0.00 0.06 0.02 0.02 0.02 0.02 unch 0.00 0.03 0.02 1.03 0.75 0.86 + 0.10 1.82 0.54 0.94 0.60 0.67 + 0.07 1.35 0.44 0.12 0.12 0.12 unch 0.00 0.12 0.05 0.16 0.14 0.16 + 0.01 0.17 0.08 0.02 0.01 0.02 - 0.00 0.04 0.01 0.03 0.02 0.03 + 0.01 0.05 0.01 0.14 0.00 0.14 + 0.01 0.38 0.13 0.33 0.27 0.29 - 0.00 12.60 0.20 0.00 0.00 3.30 unch 0.00 12.11 1.15 0.11 0.11 0.11 unch 0.00 0.30 0.11 0.72 0.70 0.70 - 0.02 0.73 0.66 0.90 0.70 0.82 - 0.08 2.34 0.65 0.10 0.08 0.08 - 0.02 0.17 0.05 0.11 0.10 0.10 - 0.01 0.24 0.03 0.00 0.00 0.00 - 0.00 0.01 0.00 3.60 3.50 3.60 unch 0.00 3.95 1.83 0.01 0.01 0.01 unch 0.00 0.02 0.01 0.03 0.02 0.02 + 0.01 0.12 0.01 0.07 0.06 0.07 + 0.01 0.09 0.03 0.06 0.05 0.06 + 0.01 0.07 0.02 0.28 0.26 0.27 + 0.00 0.56 0.10 0.36 0.33 0.34 + 0.01 0.68 0.11 1.32 1.14 1.24 + 0.10 1.64 0.49 0.06 0.06 0.06 unch 0.00 0.12 0.06 0.10 0.09 0.10 + 0.02 0.17 0.05 0.00 0.00 0.03 unch 0.00 0.09 0.01 0.03 0.03 0.03 unch 0.00 0.05 0.02 0.04 0.04 0.04 + 0.01 0.07 0.04 0.18 0.16 0.16 - 0.02 0.39 0.13 0.17 0.16 0.16 - 0.01 0.42 0.15 0.55 0.40 0.50 + 0.11 0.55 0.06 0.64 0.51 0.64 + 0.06 0.66 0.08 0.24 0.22 0.24 + 0.03 0.35 0.13 0.19 0.16 0.19 + 0.03 0.44 0.11 0.01 0.00 0.01 - 0.00 0.03 0.00 0.01 0.01 0.01 unch 0.00 0.01 0.00 0.06 0.05 0.06 + 0.01 0.08 0.02 0.27 0.24 0.25 - 0.03 0.36 0.17 0.23 0.19 0.19 - 0.04 0.27 0.11 3.86 3.64 3.77 + 0.10 4.69 2.84 3.08 2.89 2.96 + 0.05 3.80 2.21 0.35 0.00 0.31 - 0.08 1.08 0.35 0.04 0.04 0.04 unch 0.00 0.10 0.04 0.00 0.00 1.10 unch 0.00 2.00 1.00 0.04 0.04 0.04 unch 0.00 0.08 0.04 0.05 0.05 0.05 unch 0.00 0.13 0.05 0.11 0.11 0.11 - 0.03 0.24 0.08 0.00 0.00 0.08 unch 0.00 0.17 0.08 0.12 0.10 0.12 + 0.02 0.18 0.07 0.45 0.00 0.35 - 0.08 0.93 0.37 0.56 0.42 0.42 - 0.14 1.29 0.47 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.28 0.25 0.28 + 0.02 0.36 0.18 0.22 0.21 0.22 + 0.01 0.28 0.15 0.37 0.34 0.35 - 0.02 0.40 0.20 0.26 0.20 0.25 - 0.02 0.73 0.20 0.22 0.15 0.19 - 0.02 0.55 0.15 0.08 0.07 0.07 unch 0.00 0.35 0.05 0.04 0.04 0.04 unch 0.00 0.25 0.04 0.23 0.20 0.22 + 0.01 0.49 0.12

BID-ASK — APRIL 16–20, 2018 37 Capital African Metals Alba Minerals Alderon Iron* Allante Potash Alopex Gold ALQ Gold Altan Nev Mnls Altan Rio Mnls Amador Gold Amanta Res Anconia Res Anglo Pac Grp Arch Coal* Arcturus Vent Argentum Silvr Arian Res Asbestos Corp AsiaBaseMetals Astur Gold Atlatsa Res* Atom Energy Aurelius Min Austin Res Banro Corp* Bard Ventures Bell Copper Bethpage Cap BHK Mining Bird River Res Black Bull Res Black Mam Mtls Blackheath Res Bluenose Gold Boss Power Buccaneer Gold Bullion Gld Res Bullman Mnls Cairo Res Canada Coal Canadian Mng Canoe Mng Vent Canstar Res Centurion Mnls Chinapintza Mg CIM Intl Grp Cliffs Nat Res* Clydesdale Res CMX Gold & Sil CNRP Mng Comet Inds Cresval Cap Crystal Explor Curlew Lke Res Cyprium Mng Dawson Gold Desert Gold Discovery Harb Duncan Park H EastCoal Inc Eastern Zinc Edgewater Expl Eureka Res EurOmax Res European Metal Excalibur Res Fieldex Expl

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

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0.23 0.50 0.25 0.35 0.06 0.09 0.06 0.15 0.16 0.16 0.28 ... 0.40 0.14 0.52 0.11 0.50 0.11 0.11 0.46 0.48 0.48 0.71 0.25 0.29 0.22 0.45 0.02 0.03 0.02 0.03 0.01 0.02 0.01 0.02 0.17 0.19 0.19 0.39 0.01 0.02 0.01 0.02 0.02 0.02 0.04 2.20 2.70 2.20 3.18 ... ...

0.58 0.11 0.16 0.11 0.25 0.20 0.21 0.21 0.41 0.01 0.02 0.01 0.65 0.88 0.88 0.90 0.25 0.28 0.25 0.41 0.06 0.08 0.08 0.10 ... ...

0.06 0.45 0.29 0.32 0.29 0.45 0.13 0.14 0.14 0.15 0.02 0.03 0.03 0.04 0.11 0.11 0.11 2.10 0.05 0.06 0.05 0.08 0.17 0.20 0.20 0.22 0.03 0.10 0.10 0.14 0.02 0.02 0.02 0.03 0.22 0.23 0.23 0.63 0.10 0.18 0.10 0.14 0.11 0.14 0.12 0.25 0.04 0.05 0.05 0.08 0.10 0.15 0.10 0.15 0.17 0.20 0.17 0.12 0.15 0.15 0.18 0.34 0.40 0.40 0.47 0.06 0.10 0.06 0.10 0.36 0.60 0.36 0.43 0.08 0.12 0.12 0.12 0.31 0.33 0.33 0.79 0.14 0.16 0.14 0.25 0.06 0.07 0.06 0.13 0.03 0.03 0.03 0.07 0.01 0.05 0.01 0.02 0.19 0.40 0.30 0.79 1.45 3.20 1.43 7.17 0.06 0.12 0.07 0.15 0.05 0.09 0.05 0.12 0.71 0.76 0.76 8.00 2.50 3.05 3.10 3.20 0.04 0.05 0.05 0.06 0.08 0.08 0.08 0.13 1.25 1.38 1.38 1.49 0.03 0.03 0.03 0.15 0.34 0.30 0.19 0.28 0.19 0.31 0.06 0.07 0.06 0.10 0.01 0.02 0.01 0.02 0.12 0.18 0.12 0.30 0.25 0.56 0.26 0.46 0.13 0.14 0.13 0.22 0.03 0.03 0.03 0.10 0.21 0.24 0.21 0.50 ... 0.01 0.01 0.09 0.10 0.10 0.11 0.18 0.19 0.19 0.21

0.12 0.04 0.12 0.05 0.41 0.05 0.01 0.01 0.13 0.01 1.31 0.07 0.17 0.20 0.19 0.01 0.06 0.05 0.03 0.01 0.10 0.02 0.03 0.08 0.02 0.07 0.06 0.06 0.04 0.00 0.03 0.08 0.06 0.21 0.04 0.10 0.04 0.04 0.03 0.01 0.08 0.98 0.04 0.04 0.18 2.50 0.04 0.05 0.10 0.14 0.05 0.01 0.07 0.15 0.12 0.02 0.19 0.01 0.12

Finore Mng Fire River Gol Firebird Res First Idaho Four Nines Freeport Res Galore Res Gem Intl Res Genius Props Gentor Res GFM Res Global Cobalt Global Cop Grp Goldbelt Emp Golden Harp GoldTrain Res Granite Ck Gld Great Lakes Gr Greatbanks Res Green Arrow Grenville Gold Gunpoint Expl Halio Energy Handa Copper HFX Holding Highvista Gold Homeland Egy Icon Explor Infinite Lith Interconnect Intl Battery Intl Bethl Mng Intl Corona Iron South Mng Jazz Res Kenna Res La Imperial Lamelee Iron Le Mare Gold Leo Res Lithion Energy Logan Res MAG Silver* Malbex Res Mas Gold Match Capital McChip Res McLaren Res Mega Copper Metalore Res Micrex Dev MillenMin Vent Millstream Min Milner Con Slv Minecorp Egy Mineral Hill MK2 Ventures Moag Copper Montana Gold Mukuba Res MX Gold Navy Res Nebu Res New Dimen Res New Klondike New Point Expl Newmac Res

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

0.12 0.12 0.11 0.31 0.03 0.07 0.09 0.03 0.05 0.03 0.09 0.06 0.25 0.04 0.06 0.10 0.16 0.10 0.16 0.06 0.07 0.07 0.08 0.03 0.04 0.04 0.06 0.01 0.02 0.02 0.06 0.15 0.16 0.16 0.25 0.04 0.14 0.08 0.20 0.08 0.10 0.10 0.10 0.02 0.02 0.02 0.07 0.08 0.08 0.11 0.02 0.03 0.02 0.05 0.07 0.11 0.11 0.15 0.08 0.37 0.08 0.19 0.09 0.12 0.09 0.17 0.05 0.05 0.05 0.09 0.03 0.05 0.03 0.04 0.05 0.04 0.19 0.08 0.10 0.08 0.14 0.22 0.24 0.21 0.30 0.15 0.18 0.18 1.03 0.07 0.08 0.08 0.18 0.07 0.15 0.07 0.12 ... 0.16 0.17 0.29 0.34 0.29 0.39 0.46 0.46 0.41 0.84 0.26 0.29 0.28 0.32 0.08 0.27 0.08 0.09 ... ...

0.31 0.40 0.09 0.09 0.09 0.17 0.05 0.05 0.05 0.10 0.24 0.27 0.24 0.28 0.08 0.11 0.08 0.09 0.13 0.16 0.15 0.07 0.11 0.07 0.08 0.42 0.48 0.48 0.48 0.17 0.17 0.17 3.80 1.06 1.09 1.09 1.32 ... ...

0.10 0.10 0.06 0.06 0.06 0.10 12.52 13.30 12.52 14.40 0.38 0.40 0.39 0.40 0.08 0.10 0.11 0.15 0.01 0.04 0.04 0.53 0.65 0.52 0.87 0.07 0.08 0.07 0.19 0.17 0.26 0.17 0.17 1.75 2.50 2.00 4.45 0.02 0.02 0.01 0.03 0.05 0.07 0.05 0.04 0.06 0.04 0.06 0.12 0.07 0.09 ... ...

0.12 0.20 0.20 0.25 0.23 0.34 0.17 0.25 0.17 0.18 ... ...

0.08 0.09 0.10 0.10 0.10 0.23 0.23 0.23 0.25 0.11 0.11 0.11 0.22 0.21 0.40 0.24 0.32 0.04 0.04 0.04 0.05 0.06 0.06 0.06 0.30 0.01 0.01 0.01 0.30 0.33 0.30 0.35 0.07 0.08 0.07 0.09

0.17 0.01 0.02 0.08 0.03 0.01 0.01 0.12 0.07 0.01 0.04 0.01 0.01 0.06 0.08 0.03 0.03 0.08 0.16 0.15 0.06 0.04 0.18 0.03 0.12 0.05 0.22 0.03 0.03 0.04 0.06 0.04 0.15 0.17 0.55 0.05 0.04 6.12 0.30 0.05 0.37 0.03 0.16 2.00 0.01 0.04 0.07 0.17 0.09 0.02 0.06 0.08 0.16 0.03 0.09 0.11 0.05

Norsemont Cap North Am Ptash NQ Explor NSGold Odyssey Res Oriental Non F Orofino Mnrls Pac Arc Res Pac Cascade Pac Iron Ore Pac Link Mng Pac Topaz Paget Mrnls Pan Andean Min Parana Copper Patriot Gold Phoenix Gold Phoenix Metals Prime Meridian Prism Res Providence Quantum Cobalt Rare Element* Razore Rock Res Red Tiger Mng Rhyolite Res Ridgestone M’g Riley Resource Rio Silver Rockland Mnls Rojo Res Rokmaster Res Romulus Res Royal Sapphire Rubicon Mnrls* Scavo Res SGX Res Silver Mtn Mns Silver Phoenix Sonoro Mtls Starr Peak Exp Stockport Expl Stone Ridge Ex Strategic Res Stroud Res Talmora Diamd Tearlach Res Telferscot Res Tiger Intl Tiller Res Tintina Mines Tri-River Vent Troy Enrgy UC Res Unity Energy Vale* Valencia Vent Vanadium One Vela Minerals Viva Gold Wabi Explor Westridge Res Whistler Gold Winston Res Worldwide Res Zinco Mng

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

0.38 0.45 0.40 0.47 0.05 0.08 0.04 0.01 0.01 0.01 0.02 0.10 0.11 0.10 0.15 0.04 0.06 0.04 0.08 0.70 ...

1.05 1.05 0.14 0.19 0.14 0.19 0.53 0.75 0.70 0.82 0.01 0.02 0.01 0.13 0.15 0.13 0.23 0.07 0.10 0.07 0.08 0.12 0.15 0.13 0.18 0.03 0.07 0.03 0.08 0.04 0.05 0.04 0.08 0.35 0.45 0.35 0.36 0.08 ...

0.10 0.15 ... 0.01 0.01 0.19 0.20 0.21 0.12 0.15 0.14 0.09 0.10 0.08 0.21 0.16 0.19 0.16 0.27 ... ...

1.10 3.15 0.11 0.16 0.15 0.89 0.20 0.25 0.20 0.90 0.02 0.03 0.03 0.04 0.20 0.29 0.20 0.40 0.47 0.55 0.48 0.48 0.12 0.50 0.11 0.16 0.04 0.05 0.05 0.09 0.07 0.08 0.08 0.11 0.40 0.49 0.40 0.50 0.02 0.03 0.03 0.07 0.15 0.23 0.19 0.20 0.16 0.22 0.20 1.40 ... ...

0.03 1.35 0.36 0.57 0.36 0.54 0.02 0.02 0.02 0.02 0.02 0.02 0.04 0.07 0.19 0.07 0.24 0.15 0.17 0.16 0.20 0.13 0.15 0.13 0.19 0.02 0.03 0.03 0.03 0.30 0.33 0.30 0.60 0.19 0.24 0.19 0.25 0.02 0.02 0.02 0.03 0.02 0.05 0.05 0.05 0.08 0.15 0.08 0.05 0.06 0.06 0.12 0.09 0.18 0.09 0.15 0.37 0.44 0.37 0.65 0.06 0.10 0.08 0.09 0.04 0.12 0.04 0.06 0.09 0.06 0.15 0.01 0.02 0.02 0.03 0.19 0.23 0.19 0.23 ... ...

10.24 11.10 0.21 0.22 0.22 0.30 0.13 0.15 0.13 0.22 0.30 0.30 0.54 0.21 0.28 0.25 0.69 0.08 0.09 0.09 0.09 0.59 0.59 0.60 0.80 0.08 0.15 0.08 0.08 0.56 0.58 0.56 0.75 0.03 0.04 0.03 0.09 0.05 0.07 0.05

0.31 0.01 0.02 0.04 0.72 0.06 0.09 0.11 0.02 0.10 0.03 0.03 0.09 0.09

0.08 0.09 0.20 0.06 0.09 0.02 0.17 0.47 0.11 0.04 0.01 0.23 0.02 0.13 0.06 0.03 0.26 0.02 0.05 0.11 0.08 0.02 0.06 0.10 0.01 0.01 0.01 0.08 0.19 0.04 0.03 0.01 0.10 6.57 0.13 0.18 0.21 0.05 0.29 0.03 0.55 0.01

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