The Northern Miner February 15 2021 Issue 4

REDDIT, GAMESTOP AND MARKET MANIPULATION / 4 Geotech_Earlug_2016_Alt2.pdf 1 2016-06-24 4:27:20 PM

SPECIAL FOCUS

UNITED STATES

Mining is critical for economic recovery / 9-14

.com expert advice from exploration to closure

VTEM™ | ZTEM™ | Gravity | Magnetics 905 841 5004 | geotech.ca

DELIVERING QUALITY EXPERTISE GLOBALLY ACROSS THE ENTIRE MINING LIFE CYCLE WWW.SGS.COM/MINING

MINERALS@SGS.COM

FEBRUARY 15—28, 2021 / VOL. 107 ISSUE 04 / GLOBAL MINING NEWS · SINCE 1915 / $5.25 / WWW.NORTHERNMINER.COM

Ross Beaty to step down as Pan American Silver chairman in May

Lithium Americas’ Thacker Pass property in northwestern Nevada.

LITHIUM AMERICAS

C-SUITE NEWS

| Gillian Winckler appointed

to take the reins

BY NORTHERN MINER STAFF

Lithium Americas raises US$400 million to advance Thacker Pass project in Nevada USA

| Project is host to largest known lithium resource in the country

BY DANIEL SEKULICH dsekulich@northernminer.com

V

ancouver-based junior Lithium Americas (TSX: LAC; NYSE: LAC) received final approval from the U.S. Bureau of Land Management (BLM) for the company’s Thacker Pass lithium

mine project in northwestern Nevada on Jan. 15.

Just days after the news of the BLM record of decision (ROD), Lithium Americas announced that it had raised US$400 million in a brokered private placement of more than 18 million shares at a price of US$22 per share. The net proceeds

will be used to develop Thacker Pass, as well as general corporate and working capital purposes.

The project, located 100 km northwest of Winnemucca, in the state’s Humboldt County, is host to the largest known lithium resource in the United States, and Lithium Americas has been working the asset up for a decade. According to a pre-feasibility study filed in August 2018, the company foresees it as a two-phase, open-pit project, with production capacity that could reach 60,000 tonnes annually of battery-grade lithium carbonate (Li2CO3) over a 46-year mine life. Thacker Pass is 100% -owned by Lithium Americas.

Measured and indicated resources at Thacker Pass total 385 million tonnes averaging 2,917 parts per million (ppm) lithium for 6 million tonnes of lithium carbonate equivalent (LCE). Inferred resources are 147 million tonnes averaging 2,932 ppm for 2.3 million tonnes of LCE. The company plans to process the ore in a leaching circuit using sulphuric acid to liberate the lithium from the claystone. After the leaching process, the lithium bearing solution would be purified using crystallizers and reagents to produce battery-grade lithium carbonate.

With the ROD from the BLM, the company is now focussed on its applications for key state permits and water rights transfers, with results expected later this year. As well, the company plans on starting construction by the end of 2021 or early next year.

“It takes two years to build a projSee USA / 15

P

an American Silver (TSX: PAAS; NASDAQ: PAAS) founder Ross Beaty will step down in May as the company’s chairman and has appointed board member Gillian Winckler to replace him.

Trained as a geologist, Beaty launched Pan American in 1984 and has served as its chairman since then. He was also CEO from the company’s inception until 2004.

“I am so proud and grateful to have worked with our wonderful and dedicated team in building this great company,” he said in his announcement. “I would also like to thank our shareholders, who have supported my vision of creating a world-class silver mining company.”

Pan American is now the secondlargest primary silver producer in the world, with the world’s largest silver resources and reserves, the company says. It also produces a significant amount of gold.

Beaty noted in the announcement that the company “has never been in a better financial and operating condition, with many prospects for growth,” and said he has “full confidence in the company’s leadership team and its employees.”

Winckler who will succeed Beaty as chair on May 12, has been on the company’s board of directors since 2016, and also chairs the human resources and compensation committee; is a member of the audit committee and the nominating and governance committee.

She has worked in the mining sector for the last 25 years, 16 of which were with BHP (NYSE: BHP; LSE: BHP) in London, England and Vancouver. At BHP she was involved with everything from corporate strategy and mergers and acquisitions, to divestments, exploration and project evaluation and development.

“Managed succession is part of good governance, and I’m very pleased Gill has agreed to take on the role of Chair,” Beaty said. “She is a highly experienced mining professional with a strong background in environmental, social and governance matters.”

Beaty was inducted into the Canadian Mining Hall of Fame in 2018 and received The Order of Canada in 2017.

The Northern Miner named Beaty

ODDS ‘N’ SODS: MEMORIES OF A GEOLOGIST’S FIRST JOB / 5

Ross Beaty speaking at The Northern Miner’s 2018 Canadian Mining Symposium in London. THE NORTHERN MINER

its Mining Person of the Year in 2011.

Pan American Silver ended 2020 with no bank debt and cash and short-term investment balances of about $279 million.

This year the company expects to produce between 19.43 million oz. and 20.55 million oz. of silver and between 3.07 million oz. and 3.45 million oz. of gold.

In 2020 the company produced 17.3 million oz. of silver and 522,400 oz. of gold. TNM PM40069240

2

WWW.NORTHERNMINER.COM

FEBRUARY 15—28, 2021 / THE NORTHERN MINER

SilverCrest Metals release high-return feasibility study for Las Chispas MEXICO

| Construction of mine expected to begin in February A bird’s eye drone shot showing a high grade stockpile, portal, warehouse and offices at Las Chispas.

SILVERCREST METALS

BY MAGDA GARDNER

F

Canadian Mining Journal

ive years after drilling the initial hole at its Las Chispas silver-gold project in Sonora, Mexico, SilverCrest Metals (TSX: SIL; NYSE-AM: SILV) has released a high-margin feasibility for the project and the company’s board has formally approved construction

of the 1,250 tonne-per-day mine.

The 8.5-year underground mine would produce an average of 5.2 million oz. of silver and 56,000 gold oz. annually (10 million oz. of silver-equivalent) over its lifetime and an average of 12.4 million silverequivalent oz. a year between 2023 and 2029, with net free cash flow expected to start in 2023.

All-in sustaining costs are expected

to average US$7.07 per oz. of silver-equivalent over the life of the mine (life of mine operating costs of US$118.49 per tonne milled).

According to SilverCrest, this cost profile would position Las Chispas “amongst the lowest quartile AISC globally.”

Initial capital costs are estimated at US$137.7 million, with US$123.9 million budgeted for sustaining capi-

Geologist examining one of multiple underground working faces at the Las Chispas project in Mexico.

SILVERCREST METALS

tal over the mine life. The resulting after-tax net present value is estimated at US$486.3 million, based on US$19 per oz. silver and 1,500 per oz. gold and using a 5% discount rate, with a 52% internal rate of return and a one-year payback.

Together with the engineering study, SilverCrest has also announced an initial reserve for the site. Proven and probable reserves total 3.4 million tonnes grading 461 grams silver per tonne and 4.81 grams gold per tonne (879 grams silver-equivalent per tonne) for a total of 94.7 million silver-equivalent ounces. In a news release the company noted that “these estimates place Las Chispas amongst the highest-grade primary silver projects globally.”

“The feasibility study confirms what we have believed for a while, that Las Chispas is economic as a stand-alone operation,” Eric Fier, SilverCrest’s CEO, stated in a Feb. 2 press release. “We are already working hard to increase our high-grade reserves while simultaneously constructing the mine and process plant.

We are excited about the extensive opportunities that remain to grow and optimize Las Chispas.”

Underground development and mining are expected to ramp up through 2022 and 2023; SilverCrest expects a surface stockpile of 300,000 tonnes of mineralized material once the plant reaches its nameplate capacity, for flexibility in the early days of production and lower start-up risks.

In tandem with the engineering deliverable, in January, the developer entered into a fixed price, turnkey US$76.5 million engineering, procurement and construction (EPC) contract with Ausenco for the construction of a 1,250 tonne-per-day process plant at Las Chispas. Ausenco is expected to start this work in February ahead of a start-up targeted for the second quarter of 2022 for a plant ramp-up in the second half of 2022. Procurement of long lead-time items started in the fourth quarter of 2020.

“The Las Chispas feasibility study defines a project with robust economics and potential for further improvements during operations.

With our EPC contract and underground development contracts in place, initial construction is already underway and is expected to ramp up through Q1, 2021,” said Pierre Beaudoin, SilverCrest’s chief operating officer.

Upside opportunities from the latest study scenario include an expansion and upgrade of mineral resources, optimization of the

grade profile in the mine plan, acceleration of the ramp up and potential for increased process throughputs. SilverCrest has identified 45 veins at the site thus far but only drilled 21 of these to a level supporting resource definition with several exploration targets close to the planned underground development that show potential for nearterm mine plan optimization. The 1,250 tonne-per-day throughputs from the feasibility could also be increased to 1,750 tonnes-per-day, dependent on reserve tonnage and miming rate optionality.

In January, the company entered into a four-year, US$120 million secured project financing facility. At the end of the month, SilverCrest had US$125 million in cash and US$90 million available under the facility.

Commenting on the feasibility release in a research note, Craig Stanley of Raymond James noted that the study “NPV and IRR were lower than our estimates primarily due to lower reserves, as only 12 of the 40+ known veins made it into the mine plan.” The analyst sees potential for a reserve increase with next year’s inventory update.

The sustaining capital estimate also exceeded his prior expectations due to “the amount of underground development based on longer veins requiring more access.”

As a result, Stanley lowered his target price for SilverCrest to $15, down from $15.50 previously, with an unchanged ‘outperform’ rating.

Ryan Thompson of BMO Capital Markets maintained his target price of $14 per share and described the feasibility study as “a good foundation.”

“We view the feasibility study as a good starting point and see the potential for the operation to grow beyond the 8.5 year life envisioned in the reserve-only scenario tabled in the study,” he commented in a research note to clients. “We also see this study as a key de-risking event for Las Chispas. Negatively impacting our NAV is higher initial/sustaining capital and higher mining costs compared to our prior assumptions. Offsetting our NAV decrease, we have increased our target-setting multiple to align with other advanced stage silver developers (and producers), reflective of the positive construction decision.”

At press time in Toronto the company was trading at $13.58 per share.

Over the last year SilverCrest has traded in a range of $4.50 and $16.37 per share. The company has about 129 million common shares outstanding for a market cap of about $1.76 billion. TNM

GLOBAL MINING NEWS

THE NORTHERN MINER / FEBRUARY 15—28, 2021

3

JOINT VENTURE ARTICLE

Mayfair on course with Fenn-Gibb gold project First drill hole.

MAYFAIR GOLD

BY NORTHERN MINER STAFF

Successful people make successful mines. And some of the best have come together to create Mayfair Gold (TSXV: MFG) and unlock the true value of the Fenn-Gib gold property in the Timmins camp, the company says.

Under the leadership of CEO Patrick Evans, Mayfair is launching its initial public offering in late February to raise as much as $20 million for drilling and related work at the property. Shares are expected to sell at $1.85 each, giving Mayfair a postmoney equity value of as much as $150 million with 76.6 million common shares outstanding.

Evans has successfully taken five public companies to the development stage, then either sold to or partnered with senior companies who built commercial mines. His latest was Mountain Province Diamonds (TSX: MPVD; US-OTC: MPVD), co-owner of the $1 billion Gahcho Kué mine with De Beers Canada.

His business strategy is to take high quality assets in top locations through resource delineation, feasibility and permitting, then attract a senior producer to take the project through construction and into production. “Most of my companies have been sold to mid-tier or senior producers.” He calls it “taking an asset up the value curve.”

His new venture is Mayfair Gold, which was founded in July 2019. “We made a strategic decision to acquire gold development assets in tier one jurisdictions,” he said in an interview.

“We reviewed a total of 94 opportunities in North America, and the one that ticked all the boxes was Fenn-Gib.” Located 80 km east of Timmins, Ontario, Fenn-Gib comprises the North block on the Pipestone fault and the South block on the Porcupine fault. The property is in the right place. It was first discovered and explored 110 years

Far left: Wally Smith examining drill core.

Above: Fenn-Gibb upper part of mineralized zone.

Left top: Phil Burns cutting core.

Left below: Ryan Hoefs examines core from mineralized zone at Fenn-Gib. MAYFAIR GOLD

ago, but never reached commercial production.

Former owners considered FennGib a non-core asset, so it changed hands several times. In the past 25 years there were six owners. The most work at the property was done

by Lake Shore Gold in 2011-15 and Tahoe Resources in 2016-17. Tahoe consolidated claims in the North block and completed a 37,000-metre drill program. Historically, there was a total of approximately 130,000 metres of drilling completed in 420 holes.

Mayfair acquired 100% of the 2,000-hectare property from Pan American Silver (TSX: PAAS; NYSE: PAAS) for US$11 million and a 1% royalty in 2020.

The rising price of gold figured prominently in Mayfair’s desire to own a gold asset, Evans said. “In our original strategy to look for gold assets, gold was about $1,500 an ounce. Then it climbed much higher, and we expect that gold will continue to perform strongly.”

When Mayfair filed its first NI

43-101 compliant report for Fenn-Gib on Dec. 31, 2020, the property was estimated to contain 2.08 million oz. of gold in 70 million indicated tonnes grading 0.92 gram gold per tonne.

There are a further 75,000 oz. gold in 4 million inferred tonnes grading 0.62 gram gold per tonne. Both figures use a 0.35-gram cut-off. The report was prepared by JDS Energy & Mining.

The deposit can be traced for 1.25 km on strike and is up to 300 metres wide. Disseminated mineralization is continuous from surface, making the project bulk-mineable using open pit methods.

The grade may be “modest” according to Evans, but the potential is “robust.” The base case 43-101 rock value is US$55 per tonne (at US$1,700 per oz. gold) and the total

operating cost is an estimated US$23 per tonne processed.

With its bulked-up treasury, Mayfair is proceeding with Phase One of the recommendations in the 43-101 report.

Within three weeks of closing the acquisition, Mayfair’s first drill was turning. At least 30,000 metres of infill drilling is planned on 25- and 50-metre spacing at the Fenn-Gib deposit, and potential strike extensions to the mineralized zone will be tested with at least 20,000 metres of drilling. It plans to update the resource by the end of the year and Evans expects that three to four million oz. of gold will be outlined.

There is also considerable nearresource expansion potential, he said. A 3,000-line kilometer airborne survey is planned to better

understand the structural geology on both the North and South blocks.

Past drilling to the southwest of the resource on the North block intersected close to 11 metres at over 5 grams gold per tonne. Drilling on the South block intersected 1.5 metres at over 3 grams gold per tonne.

Preliminary metallurgical tests by previous owners are robust, based on a highly predictable geometallurgy. The ore is amenable to several different simple, proven flowsheets. Flotation recovery testwork conducted by SGS in 2015 produced recoveries of over 90%.

Further testing is planned as fresh core is recovered under the Phase One drill program.

Mayfair has a sound business strategy — one that has proven itself time and time again — and there is no reason to doubt a positive outcome now as there are many cash-rich gold producers who are resource-starved, said Evans. FennGib is on the fast track to development.

The preceding Joint-Venture Article is PROMOTED CONTENT sponsored by MAYFAIR GOLD and produced in co-operation with The Northern Miner.

Visit www.MayfairGold.ca for more information.

4

WWW.NORTHERNMINER.COM

FEBRUARY 15—28, 2021 / THE NORTHERN MINER

GLOBAL MINING NEWS · SINCE 1915

www.northernminer.com

Silver: Far from the Maddening Crowd

Retail investors beware OP-ED

| Manipulation is happening all around you; commodities can offset your risk

GUEST EDITORIAL

| “Silver putsch ended up just being a sub-echo-chamber of a sub-reddit”

W

GROUP PUBLISHER/ PUBLISHER: Anthony Vaccaro, CFA, MBA avaccaro@northernminer.com EDITOR-IN-CHIEF: Trish Saywell, BA, MA, MSC (JOUR) tsaywell@northernminer.com SENIOR REPORTER: Carl A. Williams, BSC (HONOURS), MSC, PHD cwilliams@northernminer.com REPORTER: Magda Gardner, BASC (MINERAL ENG) mgardner@northernminer.com REPORTER AND PRODUCTION EDITOR: Daniel Sekulich dsekulich@northernminer.com PHOTO EDITOR AND PODCAST HOST: Adrian Pocobelli, MA (ENGL) apocobelli@northernminer.com EDITOR, DIAMONDS IN CANADA: Alisha Hiyate, BA (POLI SCI, HIST) ahiyate@northernminer.com ADVERTISING: Joe Crofts (416) 510-6816 jcrofts@northernminer.com Michael Winter (416) 510-6772 mwinter@northernminer.com SUBSCRIPTION SALES/ APPOINTMENT NOTICES/ CAREER ADS George Agelopoulos (416) 510-5104 (Toll free) 1-888-502-3456, ext. 43702 gagelopoulos@northernminer.com PRODUCTION MANAGER: Jessica Jubb (416) 510-5213 jjubb@glacierbizinfo.com CIRCULATION/CUSTOMER SERVICE: (403) 209-3505 1-800-387-2446 northernminer2@northernminer.com REPUBLISHING: (416) 510-6768 moliveira@northernminer.com ADDRESSES: Toronto Head Office: 225 Duncan Mill Road, Suite 320 Toronto, ON, M3B 3K9 (416) 510-6789 tnm@northernminer.com SUBSCRIPTION RATES: Canada: C$120.00 one year; 5% G.S.T. to CDN orders.

7% P.S.T. to BC orders 13% H.S.T. to ON, NL orders 14% H.S.T. to PEI orders 15% H.S.T. to NB, NS orders U.S.A.: US$120.00 one year Foreign: US$157.00 one year GST Registration # 809744071RT001 (ISSN 0029-3164) CANADA POST: Return undeliverable Canadian addresses to Circulation Dept. c/o The Northern Miner 225 Duncan Mill Road, Suite 320 Toronto, ON M3B 3K9 Publication Mail Agreement #40069240

e were tempted to resist talking about the Reddit phenomenon but why not wade in, particularly now as we stand amongst the smoking ruins of the dreams of silver bugs, planet-wide, who thought all their Christmases had come at once.

Sweeping in from nowhere the idea that the Gamestop surge could be leveraged to create a

BY CHRISTOPHER short squeeze in silver became the obsession ECCLESTONE Special to The Northern Miner of silver bugs over the last weekend of January. Just as a bunch of Millennials seized the initiative from the hated hedgies of Midtown Manhattan and Greenwich Connecticut, so the greybeards of the Tinfoil hat fraternity convinced themselves that Millennials would ride to the rescue of silver.

Accordingly, the veterans invaded Reddit’s Wallsteetbets sub-reddit and started egging each other on. They took what was the usual silver bull’s echo chamber on mining-dedicated sites, that usually dwell in isolation, and inserted themselves into the moshpit inhabited by fans of Gamestop, Blackberry and AMC. The slight problem with this was the silver putsch ended up just being a sub-echo-chamber of a sub-reddit. “To the Moon, Alice” became their mantra and they expected the enthused hordes of gamers and nerds to follow them like lemmings, throwing their collective “weight” into the fray against the Satanic Mills of Wall Street.

The waters were slightly muddied when, in the days before the silver bugs planned to launch their Blitzkrieg, the management at their favorite trading app, Robinhood, instituted trading bans on several of the key playing pieces (such as GME and AMC) of the Reddit hordes. Indeed for some of the shiny metal’s enthusiasts having a ban on trading the silver ETF (SLV), would have been almost a Red Badge of Courage.

Banks briefly trembled in their boots. Some of the more canny pointed out though that the Citadel they hoped to storm actually owned a truckload of SLV (cunning devils that they are) and were destined to make a fortune if #silversqueeze became more than a hashtag. How can the evil hedgies actually be long a stock that one hoped to ramp? This did not match the dialectic du jour.

Alas, after 24 hours of frenzied battle across the sub-reddit and Twitter (that resembled Hobbits and other assorted wildlife of the Lord of the Rings charging into action) the battleground went curiously silent. Silver’s warriors turned around hoping to see behind them nerds brandishing their keyboards and chequebooks and instead found themselves curiously alone amongst their faded dreams of US$100 per ounce silver and ComEx brokers raining down from the skies. Twas not to be.

While we love silver and like the silver ETF (SLV), we were braced to push the sell button if silver had managed to stay above US$30 per oz. for more than the twinkling of an eye. Alas, it was not to be. The collective groan of the rampers as their gambit failed echoed around global markets then the non-committed pulled the Ejector Seat handle all at once and silver plunged back to where it had started.

We have never subscribed to the sinister theories of the Tinfoil hat brigade because we just couldn’t work out why the evil powers-that-be would be interested in pushing silver down, and moreover suppressing it for so long at such a cost of time and effort. Why? It appears to be some convoluted theory that if they can suppress silver then they can hobble gold and thus keep the Great Unwashed from realising that the fiat currencies are being debased by inflation on a daily basis.

Hello...the public worked that out years ago if you only care to listen to them moaning in the supermarket aisles. The evidence of their disdain for holding cash (or precious metals) is the Cargo Cult of property, not precious metals.

That is where they look for their store of value. Governments, such as those in Australia the U.K. and Canada, are the High Priests of the property Cargo Cult, daily offering prayers that property never gets affordable enough for the children of the Great Washed (and Unwashed), i.e. Redditers, to be able to own a place to live, as that would run contrary to the interests of their Boomer voter bases.

When it comes down to it, the Chairman of the Fed does not roll out of bed every morning, check his screen (unlike so many in the mining fraternity) and bemoan the price of silver. Frankly, my dear, he does not give a damn. TNM —Christopher Ecclestone is the founder of research firm Hallgarten & Co. in London, where he is a principal and mining strategist. Prior to setting up Hallgarten in 2003, he founded and headed the Buenos Aires Trust Company, an Argentine equity research firm, where he worked from 1991 until 2001.

Periodicals Postage Rates paid at Niagara Falls, NY, 14304.

U.S. office of publication 2424 Niagara Falls Blvd, Niagara Falls, N.Y. 14304.

U.S. POSTMASTER: send address corrections to: Northern Miner Box 1118 Niagara Falls, N.Y. 14304.-7118

THE NORTHERN MINER is published biweekly by Glacier Resource Innovation Group, a division of Glacier Media Inc., a leading Canadian media company with interests in business-to-business information services.

From time to time we make our subscription list available to select companies and organizations whose products or services may interest you. If you do not wish your contact information to be made available, please contact us by one of the following methods: Phone: 1-888-502-3456; Fax: (416) 447-7658; Mail to: Privacy Officer, The Northern Miner, 225 Duncan Mill Road, Suite 320, Toronto, ON M3B 3K9.

COMPANY INDEX Americas Gold and Silver . . . . . . 11 BHP. . . . . . . . . . . . . . . . . . . . . . 1,15 Bunker Hill Mining . . . . . . . . 11,12 Canagold Resources . . . . . . . . . . . 9 Corvus Gold . . . . . . . . . . . . . . . . . 12 Fiore Gold . . . . . . . . . . . . . . . 12,13 Fresnillo . . . . . . . . . . . . . . . . . . . . . 7 Getchell Gold . . . . . . . . . . . . . . 9,14 Graphite One . . . . . . . . . . . . . . 9,14 Karora Resources . . . . . . . . . . . . . 15 Kinross Gold . . . . . . . . . . . . . . . . 13 Lithium Americas . . . . . . . . . . 1,15 Lynas Corp. . . . . . . . . . . . . . . . . . 10 Nevada Copper . . . . . . . . . . . . . . 13

Newmont . . . . . . . . . . . . . . . . . . . 15 NuLegacy Gold . . . . . . . . . . . 13,14 Orla Mining . . . . . . . . . . . . . . . . . . 7 Pan American Silver . . . . . . . . . . . 1 Panoramic Resources . . . . . . . . . 14 Prime Mining . . . . . . . . . . . . . . . . . 8 Revival Gold . . . . . . . . . . . . . . . . . 14 Rio Tinto . . . . . . . . . . . . . . . . . . . 15 SilverCrest Metals . . . . . . . . . . . . . 2 Texas Mineral Resources . . . . . . . 10 Treasury Metals . . . . . . . . . . . . . . . 6 Vista Gold . . . . . . . . . . . . . . . . . . . 8 Viva Gold . . . . . . . . . . . . . . . . . . . 14

BY RUSSELL STARR Special to The Northern Miner

I

n the wake of the GameStop/ Reddit saga, North American market manipulation is once again the topic du jour; that the rules of the game vary by player— institutional versus retail investor, hedge fund versus little guy — is clear, highlighted by the fact that once again, big finance has won.

Deemed too important to fail, the latest bail out of Wall Street, this time, ironically, thanks to brokerage firm Robinhood Markets Inc., which continues to hold itself out as an ally to day traders, was unapologetically at the expense of those same lowly traders.

The so-called ‘Reddit Army,’ in an unprecedented and spectacular move, exploited the short positions taken by the major hedge funds (these shorts being greater than 100% of the float of the company), who, by assuming these positions, had voluntarily taken on huge convexity risk. When Wallstreetbets (the Reddit group of investors) started to buy GameStop, Blackberry and other stocks deemed on their way to die by Wall Street, they drove the price in the wrong direction— up — and the hedgies’ risk was realized. The broker dealers, Robinhood in particular, were forced to expose their true allegiance. On the side of big finance, are they.

Is this fair? Of course not. But in the game of market manipulation, there are always winners and losers, and everyone knows — or should know—who they’re supposed to be. Fair or not.

The giant market makers, with their predatory algorithms created solely to front run retail clients, are meant to win. Their electronic trading systems, further aided by the absence of the uptick rule (repealed in the U.S. in 2007 and in Canada in 2012 and which prohibited a short sale unless the price was at or above the last sale price for that security) almost guarantee success.

That is until someone else — in this case Reddit day traders — games the game.

But when things don’t go according to plan, big finance gets saved, either by the feds or by each other (in this case, Citadel LLC bailed out Melvin Capital, a fund which sank 30% after shorting GameStop). It’s virtually impossible for Wall Street to lose.

This reality comes as no surprise to anyone who has observed the commodities markets—specifically the gold market — over the last few decades. Since 1972, when U.S. President Richard Nixon eliminated the gold standard and Saudi Arabia agreed that all oil would be settled in U.S. dollars, the price of gold has been manipulated.

Because the U.S. dollar has been the reserve currency the world over, the U.S. has been able to grow its debt to astronomical new highs.

Throughout the Covid-19 pan-

demic, the printing of money has gone unchecked, while inflation, curiously, has remained low. While currently forecasted to be around 2% for 2021, true inflation — calculated using the mathematical formula from before it was changed in 1990 — is really at seven or eight per cent.

Inflation is the erosion of purchasing power and as it rises, the U.S. dollar drops. By keeping inflation artificially low, the reverse is achieved: the greenback retains its value. Conversely, the price of gold, influenced by the bullion banks with their infinite leverage, is crushed.

To wit: last fall JPMorgan settled a US$920 million fine with U.S. authorities on charges of previous metals price manipulation.

The gold price is further suppressed by one of Wall Street’s favorite things: the derivatives market.

With a gold futures market 100 times bigger than the actual physical market, the bullion banks can make massive trades by the second at static (non-rolling) prices. Physical delivery almost never occurs; if it had to, the price would fly off the charts.

Currently at roughly US$1,850 per ounce, some estimates put the price of gold upwards of US$5,000 to US$7,000 if true inflation is factored in.

Who is buying physical gold? If your first guess is China and Russia, you are correct. Both countries are currently engaged in continued buying of physical gold and other commodities. In a rebuke of the U.S. dollar, the countries are settling commodities in gold or Yuan with the Petro-yuan (a form of the official Chinese currency, created in 2017 for the purpose of oil trading) and selling off their U.S. treasuries. This is literally a dagger in the heart of the U.S.’s monopoly on the settlement of commodities.

And gold is not the only commodity to watch (and buy). Copper (the single largest commodity that goes into an electric car), silver, nickel (the number one commodity in a lithium ion battery) and zinc are all up 30%, 40%, 50%, 100% over the last few years, another indication that inflation is indeed on the rise.

These commodity prices will continue to rise vis-a-vis fiat currencies.

North American governments are all too happy to continue to issue debt at never-before-seen levels, the consequences of which the little people will one day feel. There are severe repercussions coming our way soon, either in the form of substantial tax hikes, major inflation or, more likely, both. Few people are focused on gold or other commodities, choosing instead to continue to pour money into the equities markets at their peril. When the proverbial shit hits the fan, which it will, you will wish you were long on gold. TNM —Russell Starr is president and CEO of Trillium Gold and a director on the board of Canada Nickel. Starr is also a co-founder and part owner of Canadian investment dealer Echelon Wealth Partners. After leaving Bay Street, he also held executive positions at Cayden Resources and Auryn Resources.

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

GLOBAL MINING NEWS

THE NORTHERN MINER / FEBRUARY 15—28, 2021

5

Finding a job as a geologist in the 1980s ODDS ‘N’ SODS

| South Africa, Russians and fire in the hole

BY RALPH RUSHTON

W

Special to The Northern Miner

e all have our firsts in life; the stories of those defining moments that changed things forever. First beer, first kiss, first car. How about your first job?

Here’s how I — an averagely intelligent 21-year-old middle class boy from southeast England — landed my first career move down the deep level mines in South Africa. I committed to a three-year stint, embracing an unknown world of diamond drilling, stope mapping, shaft sinking and reserve calculating.

I graduated in June 1984 from a second-rate college with a first-rate geology program, landing a decent degree that gave me a few more career options than I might otherwise have had. But other than a few weeks of geophysical work with the British Geological Survey, I had no experience and knew next to nothing about my chosen vocation. The career scrap heap beckoned one short month after graduation. I was getting £35 a week on the dole so in a moment of financial frustration I bought a train ticket to London. I’d go and knock on mining company doors; that would solve the problem — job offers would flood in and I’d be rich.

My first port of call was the South African embassy in Trafalgar Square.

Politically naive, I walked past the anti-apartheid campaigners to the information desk.

“I’m looking for a list of South African mining companies with offices in London,” I said.

“Here you go,” said the nice-looking woman, handing me a large piece of paper with dozens of names on it.

An hour later I was trying to bluff my way into the offices of Charter Consolidated (aka The Anglo American Corporation of South Africa) in Holborn, but the security guard was on to me, and was having none of it.

“Can I see the human resources office please?”

“No. Sorry mate. You can’t come in. We’re not hiring.”

“But ... How do you know? They might be?”

“No. Bugger off.”

Disheartened, I was heading out the door contemplating a desperate future stacking shelves in Tesco when a man in a pinstripe suit with an important looking briefcase asked me what I wanted.

“Looking for work,” I said. “I’m very good at metamorphic petrology and my structural geology is above average.”

And here’s where the Gods smiled on me. He was the Human Resources manager. Recruiting geologists was one of his pre-occupations that month and despite my excellence in metamorphic petrology, he offered to interview me there and then.

Sneering idiotically at the security guard, I followed Mr. HR into the grandest office I’d ever seen. Mind you, my dad worked in a textile dye house full of steam and pipes, so I didn’t have much to compare it with.

A month later I was on a plane to Johannesburg. My innate luckiness was confirmed at check-in when I finally clued in that Anglo American had sent me a business class ticket.

Not only that, I was up in the fabulously amazing bubble deck of the 747, which had an actual stand-up bar where a bunch of large South African businessmen were standing around drinking martinis. Yup. I had a gilded future ahead of me as a captain of the extractive industries.

South African Airways couldn’t fly over mainland Africa because of anti-apartheid sanctions. Most African countries wouldn’t allow

Ralph Rushton (second from left in orange) on a field trip to Normandy, France, in his final year at university before commencing his job search. RALPH RUSHTON

Ralph Rushton’s colleague, Mike O’Brien, stope mapping at the Vaal Reefs mine in South Africa in the 1980s. MIKE O’BRIEN

Above: Underground assistant Stephen holding a tape during raise mapping at Vaal Reefs in the 1980s. MIKE O’BRIEN

them to enter their airspace. To fly to Jo’burg, they took the long way round — over the Atlantic, down around the bulge of West Africa, with a refueling stop in the Cape Verde Islands. To be honest, my memory of the fine details of the flight is a little hazy. I was getting pickled on excellent South African wines and cognac, and my new friends had me wide-eyed with their Boys Own stories of Africa, diamonds and gold mining.

It was 2 or 3 a.m. and hot as Hades when we landed on the main island.

We wobbled off the 747, down a dangerously old mobile staircase onto the runway. In the dark, we followed a badly marked path into a terminal lifted piecemeal from a Graham Greene novel. I swear to this day it was made of bamboo canes and old rope, with spinning

fans down the middle of the ceiling.

Strung across the middle of the lounge was a red velvet rope, the kind that keep the punters in line outside nightclubs. Behind it, at the other end of the lounge, was a large motley group of Europeans.

Badly dressed and mostly overweight, they were chain smoking and clutched plastic carrier bags that disgorged enormous quantities of dark bread, sausages and oranges.

Slightly amateurish-looking armed guards, clutching ancient WWII era rifles, sullenly prevented us from going past the rope.

“Who are they?” I asked my worldly new friends, pointing at the strangers.

“Russians,” one replied with barely suppressed hostility.

“Really? Wow, Russians eh? Hoowee. Gosh” He looked at me with obvious pity in his eyes — somewhere in rural England a village was missing its idiot. But I couldn’t help it. I’d never seen a Russian before.

There was a kid called Salakov at high school but he wasn’t one; far as I knew, we didn’t have them in my dull, retirement home town of Broadstairs. If we did have them, they’d have to be spies.

They were Russians. Soldiers, technicians and workers — on their way to Angola to reinforce the proCommunist forces who were fighting a nasty bush war against the South African regime; cold war proxies slugging it out for oil and diamonds.

Aeroflot flew them there and was one of the only other airlines to stop in the Cape Verde islands.

Our nocturnal stand off was repeated a couple of times a week when the scheduled flights landed a few minutes apart. The Russians glared at us, hostility radiating from them.

Some of the rougher looking South Africans returned the compliment.

Sixty minutes later we were ushered back on to the plane, leaving Boris and the other sons of Lenin to their oranges and cheap cigarettes.

Hours later, we landed at Jan Smuts airport in Jo’burg and I stepped, hungover, onto African soil for the first time. I was hypnotized and it still stands out as a life changing moment for me. I was

met by someone from Anglo’s HR department. A big athletic man, he’d never worked down a mine, but boy, he knew how to fill in the HR forms in head office.

When I thanked him for the business class seat his eyes narrowed in a frown, and he muttered, “Bloody idiots in Holborn, not again…”

He dropped me off at the Holiday Inn in downtown Jo’burg. Two days later, a driver delivered me to the Vaal Reef’s mine Single Men’s Hostel in the grubby little mining town of Orkney, 100 miles (161 km) south of Jo’burg. It was goodbye transientluxury-hello-reality. I didn’t go home for two and a half years.

With minimal training, I was thrown straight into the deep end; an intimidating world of 7,000 foot (2,134 metre) cage drops, rock bursts and thousands upon thousands of workers going down nine separate shafts every day. Vaal Reefs mine produced 2.5 million ounces of gold a year on top of roughly 1,600 tonnes of U3O8 extracted from the carbon layers at the bottom of the gold reefs.

I was assigned first to No. 5 Shaft, then to No. 2 Shaft, which was much See ODDS ‘N’ SODS / 16

A HISTORY Placer Development Limited and Placer Dome Inc. Compiled by Nean Allman and Justin Baulch “Beautifully put together … with a journalist’s eye for interesting details.”

John Cumming, former Editor-in-Chief, The Northern Miner

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

6

WWW.NORTHERNMINER.COM

FEBRUARY 15—28, 2021 / THE NORTHERN MINER

Core shack at Treasury Metals’ Goliath gold project in northwestern Ontario.

TREASURY METALS

Treasury Metals tables PEA on expanded gold project at Goliath ONTARIO

BY MAGDA GARDNER

F

Canadian Mining Journal

ollowing last year’s addition of the Goldlund project to the Goliath gold project in northwestern Ontario, Treasury Metals (TSX: TML) has released an updated preliminary economic assessment (PEA) for the expanded complex.

The early-stage study suggests a 5,000 tonne-per-day combined open pit and underground operation, mining the Goliath, Goldlund and Miller deposits along a 65-km trend.

Goldlund and Miller both lie on the added holdings.

The 13-year operation would produce an average of 102,000 gold oz. annually in its first nine years of operation, at all-in sustaining costs of US$911 per ounce. With an initial capital investment pegged at $233 million and $313 required in sustaining capital over the life of

| Study suggests combined open pit and underground operation

the project (mostly for underground development and construction of a tailings facility), the after-tax net present value estimate comes in at $328 million, based on US$1,600 per oz. gold and using a 5% discount rate, with a 30.2% internal rate of return.

“With the announcement of the PEA results today, combined with receipt of the federal Environmental Assessment approval in 2019, we have confirmed the Goliath gold complex has sufficient critical mass and we expect Treasury Metals to become one of Ontario’s next gold producers,” Jeremy Wyeth, president and CEO of Treasury Metals, said in a press release on Feb. 2.

Wyeth also highlighted the exploration upside across the 330-sq.-km land package.

With the PEA release, the board has approved advancing the asset to the prefeasibility stage. Treasury has started trade-off optimization studies, baseline environmental

work and other activities for the provincial permitting process.

In August 2019, the Goliath project received federal approval under the Candian Environmental Assessment Act. With the PEA release, the Goliath deposit portion of the project may move into provincial permitting and environmental approvals using the updated mining plan.

Treasury’s strategy is to treat the three deposits as three distinct projects from a permitting standpoint.

The proposed mill facility is within the existing federal EA approval.

Additional baseline data collection is required for Goldlund and Miller for an expected future provincial approval process.

The latest mine plan envisions mining starting at Goliath, with Goldlund coming on-line approximately one year after the initial production. Goliath underground operations are expected to start development in the third year, for

first underground production in the fourth year.

Upside opportunities from the PEA include infill and exploration drilling, metallurgical testwork to increase gold recoveries at Goldlund and Miller and the potential use of mined out pits to store tailings and waste, among others. Approximately 42,000 metres of drilling is scheduled for Goldlund, with a further 27,000 metres planned for Goliath. Additional exploration is also planned for the Miller deposit.

Measured and indicated resources across the three deposits total 55.4 million tonnes grading 1.1 grams gold per tonne for a total of 2 million gold oz. with a further 23 million inferred tonnes at 0.77 gram gold for an additional 528,000 gold ounces.

Resources are estimated at cut-off grades between 0.25 gram gold (for open pit resources) and 1.6 grams gold (for underground resources).

Geordie Mark, who covers Trea-

sury Metals at Haywood Securities, has a price target on the company of $2.50 per share and in a research note following the news recommended “accumulating shares at existing levels.”

At press time in Toronto Treasury Metals was trading at $1.07 per share within a 52-week trading range of 45¢ and $1.98.

“We anticipate ongoing optimization work pertaining to the resource, metallurgy, and cost structure, which may benefit from enhanced scale and combined G&A considerations across the hub and spoke model, are likely to lift project economics even further in the upcoming PFS,” the analyst wrote in a research note to clients on Feb. 3.

Mark also noted that “definition drilling will aid in building confidence in the continuity of the geological model, and as such, may support a larger, high-grade exploitable resource base in the PFS.” TNM

JOINT VENTURE ARTICLE

PDAC 2021

The world’s premier mineral exploration and mining convention goes virtual

BY NORTHERN MINER STAFF

For the first time in its 89-year history, The Prospectors & Developers Association of Canada’s (PDAC) Convention — the world’s premier mineral exploration and mining industry event — will go virtual this year on March 8-11.

“We are committed to providing a first-class experience to participants — wherever they are in the world,” says Felix Lee, PDAC’s president.

“We are excited to provide the highquality programming attendees have come to expect by offering a fully virtual experience to participants for the first time and are encouraged by the prospect of reaching an even greater number of international attendees who may not be able to attend our event in person.”

The decision to move forward with a virtual conference in 2021 will provide a safe and innovative solution for the industry to access opportunities provided by the traditional in-person convention in Toronto, the organization says. With the Covid-19 pandemic continuing to affect travel and major gatherings, staying connected is more important than ever before for its members, exhibitors, sponsors, attendees and numerous partners, PDAC says.

The convention’s highly-acclaimed

Top: An attendee takes a closer view of minerals on display at the PDAC convention in 2020.

Below: Minerals on display at the PDAC convention. PDAC

programs — such as the Capital Markets Program, Indigenous Program, Short Courses, Sustainability Program and Technical Program — will all return, along with a Keynote Program highlighting

experts on commodities, mineral outlook post-Covid-19, as well as technological advances. In addition, all content from the presentations at the conference will be uploaded to the PDAC website and available to

all participants for three months following the convention.

Participants can enjoy the social side of the conference, too, with musical acts (a variety of entertainment will be showcased

over the four-day event), interactive events, and exclusive tours of the Royal Ontario Museum’s collection of meteorites, rocks, precious minerals and gems found in the Teck Suite of Galleries, among other offerings.

Attendees can also collect points and earn rewards and prizes, and the PDAC encourages everyone to visit the conference’s select exhibitors, view sessions and learn about new products.

For the first time, all pass holders will have access to the Awards Gala (previously a ticketed event) and can connect with the Award recipients via live chat.

Finally, the International Mines Ministers’ Summit (IMMS) — a unique event bringing together Mines Ministers from around the world — is returning for the sixth consecutive year. Co-hosted with the World Economic Forum, the IMMS provides a communal setting for sharing insights and taking part in discussions that are aimed at enhancing the positive impacts the industry can provide to communities and regions globally.

For more #PDAC2021 information and the latest programming details, head to: www.pdac.ca/convention. n The preceding Joint-Venture Article is PROMOTED CONTENT and produced in cooperation with The Northern Miner.

GLOBAL MINING NEWS

THE NORTHERN MINER / FEBRUARY 15—28, 2021

7

Orla tables updated feasibility for Camino Rojo with increased reserves and longer mine life MEXICO

| First gold pour expected in last quarter of 2021 Logging core at Orla’s Camino Rojo gold project in Mexico. ORLA MINING

BY MAGDA GARDNER

O

Canadian Mining Journal

rla Mining (TSX: OLA; NYSE: ORLA) has released an updated feasibilit y study for its Camino Rojo heap leach oxide gold project in Mexico. The latest study features a 54% increase in reserves and a 3.5-year mine life extension for the operation, which is currently under construction.

The study envisions a 10.4-year, 18,000 tonne per day mine that would produce an average of 94,000 gold oz. and 597,000 silver oz. annually at all-in sustaining costs of US$543 per ounce. With an initial capital estimate of US$134 million, the after-tax net present value estimate for this project comes in at US$452 million, at a 5% discount rate, based on US$1,600 per oz. gold and US$20 per oz. silver, with a 62% internal rate of return.

The updated study incorporates benefits expected from a pit expansion that is possible after Orla completed a layback agreement with Fresnillo (LSE: FRES) in December.

The agreement allows the developer to expand the north wall of the pit onto Fresnillo’s adjacent grounds, increasing the amount of oxide ore available below the pit outlined in the 2019 feasibility. The latest growth

Raising a powerline at Orla Mining’s Camino Rojo project. ORLA MINING

Equipment delivery at Orla Mining’s Camino Rojo project.

in reserves is from the conversion of resources on Orla’s concessions.

The December agreement does give Orla the right to mine on Fresnillo grounds and recover the oxide and transitional material within an expanded pit.

Orla notes that additional work would be required to advance this material to the measured and indicated resource categories. The latest feasibility classifies all material on

Norilsk Nickel fined nearly US$2 billion for massive fuel spill in Siberia RUSSIA

the Fresnillo concession as waste.

“The updated feasibility study for the Camino Rojo oxide project demonstrates an increase in recovered gold, mine life, and cash flows,” Jason Simpson, president and CEO of Orla, said in a press release.

“We are pleased to announce this important enhancement and we will continue to optimize this asset as we move through construction and into production.”

The project capital cost estimates exclude staged layback payments to Fresnillo of US$62.8 million.

Camino Rojo reserves now total 67.4 million tonnes grading 0.73 gram gold per tonne and 14.5 grams silver per tonne, for a total of 1.6 million gold oz. and 31.5 million oz. of silver. An estimated two-thirds of the reserves fall within the permitted mine plan; the remainder will require permit amendments for an

expanded pit and approval of the layback agreement and transfer of the associated surface rights.

There are no changes to the measured and indicated resource inven-

| Called the worst ecological disaster to ever occur in the Arctic

BY CECILIA JAMASMIE

N

ORLA MINING

tory of 353.4 million tonnes grading 0.83 gram gold and 8.8 grams silver.

While the latest study continues to only assess mining of the oxide and transitional material, Orla is working on studies to investigate the sulphide resource around the oxides.

Orla has started building Camino Rojo and expects a first gold pour in the last quarter of this year. The company has committed US$78 million in total capital, detailed engineering is over 90% complete and procurement is 85% complete.

Equipment deliveries to site started in December.

Efforts are now focused on a Change of Land Use permit amendment for the expanded pit and on additional permitting required for the increased tonnes in the mine plan.

The prior feasibility study, also for an 18,000 tonne per day operation, featured a six-year mine, producing an average of 97,000 oz. gold annually at similar AISCs of US$576 per ounce. With an initial capital outlay of US$123 million, the after-tax net present value estimate for the project came in at US$142 million, at a 5% discount rate, based on a US$1,250 per oz. gold price. TNM

MINING.com

orilsk Nickel, the world’s largest producer of palladium and nickel, will have to pay a record fine of 146 billion rubles (US$1.94 billion) in compensation for a huge fuel spill in the Arctic last May, a Russian court ruled on Feb. 5.

The amount, while in line with a demand by the nation’s environmental watchdog Rosprirodnadzor, more than doubles what Russia is seeking to get in mineral extraction tax from mining companies this year.

“We won!!!” Rosprirodnadzor head Svetlana Rodionova, who was in the courtroom, said in an Instagram post on the day of the verdict.

“Ecology is everyone’s business!!!”

Nornickel had rejected the watchdog’s damage estimate, which according to the company assumes it did nothing to mitigate the impact of the spill. The objection was based on an extensive clean-up the miner carried out in the seven months following the accident.

The miner’s attempts to reduce the original 148 billion ruble fine were based on technicalities in the way the original sum had been calculated, rather than denying culpability. It claimed the damages amounted to just 21 billion rubles (US$280 million).

The spill occurred on May 29, 2020, when an aging reservoir at one of the company’s facilities collapsed and leaked 21,000 tonnes of

diesel into the surrounding area, most of which seeped into the soil and nearby rivers for several days before local authorities responded to the accident.

Local green groups said the miner initially attempted to cover up the fuel leak, but the extent of it was quickly visible via satellite images, prompting neighbouring water streams to change colours.

Both environmentalists and authorities called the spill the worst ecological disaster to ever occur in the Arctic.

Nornickel first blamed melting permafrost for the collapse of the fuel tank, but an investigation by the regulator found faults in its construction and maintenance.

Since then, a number of criminal cases have been launched over the spill, including against employees at the plant and the mayor of the city of Norilsk, which lies inside the Arctic Circle in Russia’s Krasnoyarsk region.

“The scale of the damage to Arctic waterways is unprecedented.

The fine will be proportional to it,” Russia’s Ecology Minister, Dmitry Kobylkin, told RBK TV last year.

He cited as an example one of the worst oil disasters in U.S. history — the 1989 Exxon Valdez oil spill off Alaska which, he pointed out, cost Exxon Mobil more than US$5 billion in punitive damages.

Nornickel said it would study the verdict in detail once it gets the full text. The company has a month to file an appeal. TNM

Think You've Been Harmed by Products Containing Imerys Talc?

Your Rights May Be Affected and Your Injury Claims May Be Eliminated.

Your Vote Will Help Determine How Injury Claims are Treated.

Submit Your Vote by March 25, 2021.

IF YOU HAVE A TALC PERSONAL INJURY CLAIM, your rights are affected by an upcoming vote on a plan of reorganization (the “Plan”) as part of the bankruptcy proceedings of Imerys Talc America, Inc., Imerys Talc Vermont, Inc. and Imerys Talc Canada Inc. (collectively, the “North American Debtors”). Imerys Talc Italy S.p.A (“ITI”) may also file (but has not yet filed) a chapter 11 case in the United States. “Debtors” means the North American Debtors and, if it files a chapter 11 case before the Plan is confirmed, ITI. Capitalized terms used but not otherwise defined herein have the meanings ascribed to them in the Plan, which is available at ITArestructuring.com (the “Case Website”).

THE DEBTORS FILED A DISCLOSURE STATEMENT (available at the Case Website) containing information that will help you decide how to vote on the Plan, which proposes to set up a trust to resolve all Talc Personal Injury Claims. Your legal rights will be affected if the Plan is approved.

Only holders of “Talc Personal Injury Claims,” or their attorneys on their behalf, are entitled to receive a ballot to vote on the Plan.

Holders of Claims and Equity Interests in all other Classes under the Plan are presumed to accept the Plan, because they are either Unimpaired by the Plan or are Plan Proponents.

If you have a Talc Personal Injury Claim, you or your attorney on your behalf, as permitted by the Voting Procedures, have the right to vote on the Plan. The deadline by which ballots must be received by the Debtors’ solicitation agent, Prime Clerk LLC (“Prime Clerk”) is March 25, 2021 at 4:00 p.m. ET. If you are

unsure whether your attorney is authorized to vote on your behalf, please contact your attorney. Both the Tort Claimants’ Committee and the representative of future talc claimants support the Plan.

IF THE PLAN IS APPROVED BY THE BANKRUPTCY COURT AND THE DISTRICT COURT, all Talc Personal Injury Claims will be channeled to the Talc Personal Injury Trust and resolved pursuant to the Trust Distribution Procedures. If you are the holder of (a) a Talc Personal Injury Claim and you vote to accept the Plan, (b) a Claim that is presumed to accept the Plan, (c) a Talc Personal Injury Claim and you vote against the Plan and do not opt out of the releases, or (d) a Talc Personal Injury Claim entitled to vote for or against the Plan and you do not vote for or against the Plan and do not opt out of the releases provided in the Plan (subject to certain limitations described in the Plan), you will be presumed to grant the “Releases by Holders of Claims” set forth in Article XII of the Plan. Please read the Plan and other Plan Documents carefully for details about how the Plan, if approved, will affect your rights.

YOU HAVE THE RIGHT TO OBJECT TO THE PLAN. The deadline to file an objection is May 28, 2021 at 4:00 p.m. ET. There are requirements that must be followed to file an objection, which are set forth in the Voting Procedures Order. Objections received after the deadline may not be considered by the Bankruptcy Court and may be deemed overruled without further notice. You can obtain additional information or instructions, review the Plan Documents, or obtain a solicitation package with a ballot to vote, by contacting Prime Clerk.

Imerys Ballot Processing Center c/o Prime Clerk LLC One Grand Central Place 60 East 42nd Street, Suite 1440 New York, NY 10165.

Visit: ITArestructuring.com Request More Information: imerysinfo@primeclerk.com Request Ballot with Solicitation Package to Vote on the Plan: imerysballotrequests@primeclerk.com Call: (844) 339-4096 (Toll-Free) / +1 347 919 5767 (International)

8

WWW.NORTHERNMINER.COM

FEBRUARY 15—28, 2021 / THE NORTHERN MINER

Pierre Lassonde buys more shares in Prime Mining INVESTMENT

| Flagship asset is Los Reyes gold and silver project in Mexico

BY NORTHERN MINER STAFF

M

ining entrepreneur and investor Pierre Lassonde, Chairman and CEO of Firelight Investments, has purchased 2 million common shares of Mexico-focused Prime Mining (TSXV: PRYM), bringing his stake in the junior explorer to 11.9%.

Lassonde acquired the latest shares for “investment purposes” and now directly owns 143,000 common shares of the company, and indirectly owns another 7 million common shares and 3 million warrants, according to a Feb. 1 press release.

Prime Mining’s flagship asset is the Los Reyes gold and silver project, 43 km southeast of Cosala in Mexico’s Sinaloa state. It acquired the project from Vista Gold (TSX: VGZ; NYSE-AM: VGZ) in 2019.

In April 2020, just ten months after picking up the project, Prime Mining completed an in-pit oxide resource estimate on Los Reyes, outlining a measured and indicated resource of 19.8 million tonnes grading 1 gram gold per tonne and 26.1 grams silver per tonne for 633,000 oz. of contained gold and 16.6 million oz. of silver. Inferred resources stand at 7.1 million tonnes grading 0.78 gram gold per tonne and 29.9 grams silver per tonne for 179,000 oz. gold and 6.8 million silver ounces. The resource was based on a cut-off grade of 0.22 gram gold per tonne and is open along strike and at depth.

The company amended its option agreement with Vista Gold in July 2020 by cancelling all of Vista’s net smelter return (NSR) royalty and back-in rights in consideration for accelerating a final US$1.5 million option payment owing to Vista and completing a series of additional cash

Prime Mining’s flagship Los Reyes gold and silver project, 43 km southeast of Cosala in Mexico’s Sinaloa state. PRIME MINING

payments totalling US$2.1 million.

According to the company, Los Reyes was on track to become a heap leach mine in 1998 but was mothballed when gold prices fell. It also notes that previous owners have spent more than US$20 million on exploration and engineering work on the project over the last 25 years and seven open-pit deposits have

been delineated on the property.

In addition, Prime Mining says there are eight to ten new and underexplored surface discoveries ready for drill testing.

The company says work to date “has been conducted over less than 40% of the known structures,” adding that “the depth potential of what is essentially an intact epithermal

Prime Mining’s flagship Los Reyes gold and silver project. PRIME MINING

TSX:KRR OTCQX:KRRGF www.karoraresources.com GOLD focused producer in Western Australia, the world’s #1 mining jurisdiction* Production GROWTH STRONG cash flow

+1.3 Moz gold 2P Mineral Reserve

+2.5 Moz gold M & I Mineral Resource MASSIVE land package

EXCELLENT exploration potential * Source: Fraser Institute Annual Survey of Mining Companies, 2019

Worker at Prime Mining’s Los Reyes gold and silver project in Mexico. PRIME MINING

gold-silver system has been inadequately explored” and “this leaves significant opportunities to materially expand known resources.”

Prime Mining kicked off a 15,000 metre phase one drill program in December that it expects to complete in the first half of 2021.

The company says it hopes to achieve a number of objectives during the drill program, including expanding the in-pit resources along strike and down-dip; infill areas to move inferred resources into the indicated category; and obtain silver assay data that is lacking in the historic reverse-circulation drill data.

In addition it plans to target deeper

sections for extensions and higher grade material; and target undrilled mineralized structures.

It then plans to re-model the Los Reyes deposit during the rainy season, which runs from June to October, and develop additional resource expansion targets.

Los Reyes is typical of low sulphidation epithermal gold/silver systems, the company says.

Over the last year, the junior has traded in a range of 25¢ and $2.80 per share and at presstime in Toronto was trading at $2.67 per share. Prime Mining has about 86 million common shares outstanding for a market cap of about $229 million. TNM

SPECIAL FOCUS

UNITED STATES Getchell Gold hits high-grade gold at Fondaway Canyon

US government gives high priority status to Graphite One’s Alaskan project | Graphite Creek believed to be highest grade and biggest known large flake graphite deposit in U.S.

ALASKA

I

| Step-out drill program now planned to extend known mineralisation NEVADA

BY DANIEL SEKULICH

BY CARL A. WILLIAMS

dsekulich@northernminer.com

cwilliams@northernminer.com

n mid-January, Graphite One’s (TSX: GPH; US-OTC: GPHOF) Graphite Creek project in Alaska was designated as a High-Priority Infrastructure Project (HPIP) by the U.S. government’s Federal Permitting Improvement Steering Committee (FPISC). The approval comes after the project was originally nominated for HPIP designation by Alaskan governor Mike Dunleavy in October 2019.

In his 2019 nomination letter to the FPISC, Governor Dunleavy wrote that designating Graphite Creek as a High-Priority Infrastructure Project “will send a strong signal that the U.S. intends to end the days of our 100% import-dependency for this increasingly critical mineral.”

The Vancouver-based company says that Graphite Creek, which is located on Alaska’s Seward Peninsula, about 55 km north of the city of Nome, is the highest grade and largest known large flake graphite deposit in the U.S. The site is adjacent to the Imuruk Basin, which opens into the Bering Strait that separates Alaska from Siberian Russia.

The HPIP designation allows Graphite One to list on the U.S. government’s Federal Permitting Dashboard, which ensures that the various federal permitting agencies coordinate their reviews of projects as a means of streamlining the approval process.

Reflecting on the HPIP designation, Graphite One’s president and CEO, Anthony Huston, told The Northern Miner it highlighted that their project has dual interests for the American economy as it seeks to move forward.

“Our project was found to qualify under both the ‘renewable energy’ and ‘manufacturing’ sectors, which shows the versatility of natural graphite as a tech metal essential to the U.S. economy,” he said. “You’ve seen the surge in attention that renewable energy is getting: electric vehicles (EVs), energy storage systems, lithium-ion (Li-Ion) batteries of all types. So, getting the High-Priority designation is a very strong signal of the role our project will play in the U.S.’s 21st Century technology development.”

With the U.S. almost entirely dependent on imported graphite, Huston believes the Graphite Creek project is essential. “We’re seeing strong statements on the importance of the renewable energy transition, and an understanding that materials like the advanced graphite we plan to produce are essential to that renewable transition,” he said.

Huston also highlighted an executive order issued by U.S. President Joe Biden in late January as further proof of Graphite Creek’s viability.

E

Drill platform at Graphite One’s Graphite Creek project in western Alaska. GRAPHITE ONE

“THE BATTERY INDUSTRY IS DUE TO BECOME THE LARGEST SECTOR OF DEMAND FOR THE GRAPHITE SUPPLY CHAIN.” ANTHONY HUSTON, PRESIDENT AND CEO, GRAPHITE ONE

“When President Biden issued his executive order, he referred directly to mining and to materials. And when new Secretary of Energy Jennifer Granholm testified in her nomination hearing in the Senate, she had a very detailed back-and-forth with [Alaskan] Senator Lisa Murkowski, the Senate’s thought-leader on critical minerals issues. Secretary Granholm couldn’t have been any clearer: She said, ‘We can buy electric car batteries from Asia, or we can make them in America.’ Pretty simple, pretty strong. We at Graphite One couldn’t agree more.”

According to a 2019 resource update, the project has measured and indicated resources of 10.95 million tonnes grading 7.8% graphite for 850,534 contained tonnes of graphite.

The inferred resource stands at 91.89 million tonnes grading 8% graphite for 7.3 million tonnes. The resource estimate used a cut-off grade of 5% graphite.

Pre-production capital costs estimated in the company’s preliminary economic assessment (PEA) from 2017 were estimated to total US$363 million, which included building both a processing plant and a manufacturing plant.

The PEA envisioned an open pit mine life of 40 years with the processing plant producing 60,000 tonnes annually of graphite concentrate once full production is reached. The

manufacturing plant is expected to convert the concentrate into 41,850 tonnes per year of coated spherical graphite for use in Li-Ion batteries.

According to the company, graphite showings at the site were first found after the 1898 Cape Nome gold rush and were intermittently extracted beginning around 1907.

“Graphite was mined from the deposit during World Wars I and II, and barged down to the Lower 48 [states] to make steel for the war effort,” said Huston. “So here we are more than 100 years after World War I and graphite is now one of a handful of tech metals transforming a new century.”

To Huston, the story of graphite See ALASKA / 14

arly results from the inaugural drill program at Getchell Gold’s (CSE: GTCH; USOTC: GGLDF) flagship Fondaway Canyon gold project in Nevada “exceeded expectations” says President Mike Sieb.

“We were thrilled with the initial drill results as the mineralisation was exactly where we had projected it to be,” Sieb said in an interview.

“Not only did the drilling encounter a broad zone of mineralisation approximately 100 metres thick, but the grades came back higher than we had anticipated, so it was a huge success.”

The six-hole 1,995-metre drill program was designed to examine the mineralisation and structural setting and test the geological model of the Colorado zone, which sits below the historic Colorado pit.

Highlights included drillhole FCG20-02, which returned 21.9 metres grading 6.2 grams gold per tonne starting from 106.1 metres downhole, including 12 metres of 9.6 grams gold per tonne.

The drillhole intersected a new structural zone of mineralization not accounted for in the geological model, Sieb said. The hole was drilled along a plane connecting the historic Colorado pit to the Pack Rat zone, 650 metres to the southwest, and intersected a wide mineralised structural zone between a depth of 150 metres and 300 metres.

A step-out hole (FCG20-03) drilled 120 metres to the southeast, cut 21.1 metres grading 4.3 grams gold from 148.7 metres, including

9.4 metres grading 8.7 grams gold, and a deeper interval of 49 metres grading 2 grams gold starting from 188.3 metres.

Both drill holes were collared from the Colorado pit and drilled in the central area to test the downdip extensions of the Colorado zone mineralisation and extended the known gold mineralisation towards the southwest.

Getchell optioned the property from Canagold Resources (TSX: CCM; US-OTC: CRCUF), then called Canarc Resources, in late 2019. Under the option agreement, Getchell will earn a 100% interest in Fondaway over four years. It must pay Canagold US$2 million in cash, US$2 million in Getchell shares, and spend US$1.45 million on exploration. If Getchell earns its 100% stake in the project, Canagold will retain a 2% net smelter return (NSR) royalty.

Sieb says Fondaway met all of his criteria for what makes a project look interesting.

“There are always three factors you look for in a project,” Sieb said.

“Does it have a solid foundation of existing or known mineralisation, is there an avenue for value accretion through the next drill program and the one after that, and how easy is it to take the project from exploration through to permitting and to the operation of a mine? All three have to align to make a successful project, and the more I got pulled into Fondaway, the better it became.

It has the full package.”

The project is located in one of the world’s top five mining jurisSee GETCHELL GOLD / 14

MMI SOIL GEOCHEMISTRY TM

Our MMI-MP soil geochemistry package for precious metals exploration TM delivers detection limits as low as 0.05 ppb for gold and PGEs. MMI soil geochemistry has a proven history of helping exploration programs identify surface anomalies from buried targets.

SGS IS THE WORLD’S LEADING INSPECTION, VERIFICATION, TESTING AND CERTIFICATION COMPANY

WWW.SGS.CA/MINING CA.MINERALS@SGS.COM

10

SPECIAL FOCUS UNITED STATES

FEBRUARY 15—28, 2021 / THE NORTHERN MINER

A semi-trailer carries equipment at Lynas Corp’s Mt Weld rare earths project in Western Australia. LYNAS CORP.

WWW.NORTHERNMINER.COM

USA Rare Earth outlines domestic mine-to-magnet strategy REEs

| Company has majority stake in Round Top property

BY TRISH SAYWELL

Lynas shares jump on deal for US rare earth plant TEXAS

| Company is only major REE producer outside China

BY CECILIA JAMASMIE

A

MINING.com

ustralian rare earths miner Lynas Corp.’s (ASX: LYC; US-OTC: LYSDY) shares jumped in late January after it announced a deal with the U.S. government to build a commercial light rare earths separation plant in Texas.

The facility, expected to produce about 5,000 tonnes of rare earths a year, would help Washington’s push to secure domestic supply of essential minerals used in magnets and motors that power phones, wind turbines, electric vehicles and military devices.

It would house processing facilities for both heavy and light rare earth elements, directly sourced from Lynas’ cracking and leaching plant under development in Kalgoorlie, Western Australia.

China currently accounts for 70% of global production of rare earths, controlling 90% of the US$4 billion global market.

Lynas, the only major rare earths producer outside China, said both the company and the U.S. Department of Defense could potentially contribute about US$30 million each to the geopolitically generated venture.

Details of the funding for the project, which Lynas is developing with joint venture partner Blue Line, were not disclosed. They are said to be in the works.

“This agreement is consistent with the U.S. Government’s commitment to rebuild the domestic industrial base, while working effectively with partner nations,” CEO Amanda Lacaze, said in a news release.

The company did not provide a time frame for building the plant, but told investors its construction was part of its Lynas 2025 plan.

Lynas shares soared on the news, closing 13.7% higher at A$5.56. That lifts the company’s value to A$5 billion (about US$3.9 billion). The stock is now up about 400% from its lows last year when Covid-triggered panic selling rocked global markets.

At presstime Lynas was trading at A$5.21 per share.

Despite their name, the 17 minerals grouped under the rare earth elements label are not rare. According to the U.S. Geological Survey (USGS), they are roughly as common as copper. But, because rare earth ores oxidize quickly, extracting them is difficult and extremely polluting.

Critical minerals were a focus of the Trump administration. The White House signed agreements with Canada and Australia, among other nations, to secure supply of such elements. Late last year, Washington inked an aid and spending package, which included more than US$800 million to fund rare earth and strategic minerals research.

The US$2.3 trillion, 5,593-page bill, essentially codified Trump’s previous executive orders to boost production of critical elements.

President Joe Biden is expected to boost domestic production of specialized minerals even further.

The U.S. is not alone in its quest to reduce reliance on foreign producers. The European Union has stepped up its efforts to become less dependent on imported raw materials, a list that now includes lithium. TNM

S

tsaywell@northernminer.com

ince founding privately held USA Rare Earth three years ago, Pini Althaus has focused on making his vision of creating a secure supply of rare earth elements in the United States a reality.

The New York-based CEO is equally determined to establish REE separation and processing capability in the U.S. and build manufacturing facilities for magnets containing the critical elements that are used in everything from American Tomahawk missiles and fighter jets to electric vehicles and wind turbines.

It’s essential, he said, in order to wean the world from its dependence on processing REEs in China, which in recent years has also become a net REE importer.

Based on a CRU Rare Earth market study last year, the global market for rare earth oxides is about US$3.4 billion annually (165,000 tonnes), Althaus pointed out, and not only does China have a monopoly on rare earth processing but the U.S. is the largest single importer of rare earths in the world and gets an estimated 80% of the material from China.

Currently there are only two significant primary rare earth mines owned

by Western companies and operated outside China: Lynas Corp.’s (ASX: LYC; US-OTC: LYSDY), Mt Weld mine in Australia (which sends its concentrate to Malaysia for processing) and MP Materials’ Mountain Pass mine in California (which ships its concentrate to China).

“Everyone outside of China is at China’s mercy to provide these materials so if we don’t develop mines and processing facilities outside of China, manufacturing grinds to a halt,” the Australian CEO said in an interview, adding that the Asian powerhouse is also “expanding its stranglehold on the minerals beyond its borders.”

“China is going around the globe trying to find rare earth projects to develop, which is putting a squeeze not just on the U.S. but also countries like South Korea, Japan and Australia,” he said. “The U.S. has to step up its game.”

Althaus’ journey began when he spotted an opportunity to earn a majority stake in Round Top, a poly-

USA Rare Earth’s Round Top deposit in Texas. USA RARE EARTH

metallic deposit in southwestern Texas, about 138 km from El Paso, owned by Texas Mineral Resources (US-OTC: TMRC).

Round Top contains 16 of 17 rare earths – all 11 heavy rare earths and five light rare earths – and importantly all five rare earth elements required for making permanent magnets.

USA Rare Earth is on track to complete its 70% earn-in for US$10 million in the first quarter of this year, he said, and will then spend another US$3 million for a further 10%.

“It looks like a good deal now, but back then there was a lot of risk involved,” Althaus recalled, adding there were “no takers at the time” for Round Top and Texas Mineral Resources “had difficulty raising capital in the U.S.” as rare earth prices tanked in 2013 and remained low when the option agreement was signed.

“When we were introduced to them it was early 2018, relatively soon after the Molycorp bankruptcy,” he explained, referring to the previous owners of the Mountain Pass mine, which was acquired by MP Materials.

“At the time there was absolutely no appetite for rare earths.”

But no two rare earth projects are alike, he continued, pointing out that the Mountain Pass deposit is weighted towards light REES like cerium and lanthanum, while Round Top’s contains a greater proportion of heavy REEs. Round Top also contains lithium, uranium, beryllium, gallium, hafnium and zirconium, all of which are on the U.S. government’s Critical Minerals list, he said.

Texas Mineral Resources completed a preliminary economic assessment of Round Top in 2013, but due to low REE prices, the project’s economics weren’t as robust, Althaus explained. After taking the project on, USA Rare Earth spent several millions of dollars bringing the deposit’s lithium component into the mix.

Lithium makes up about 30% of Round Top’s mineralized material.

Once in full production, USA Rare Earth forecasts Round Top will extract enough mineralized material to annually produce more than 200 tonnes of dysprosium oxide, 23 tonnes of terbium, 65 tonnes of gadolinium, 65 tonnes of samarium, 180 tonnes of neodymium and 67 tonnes of praseodymium, along with about 10,000 tonnes of lithium.

Althaus and his team took the next step in December 2019, when they opened a pilot plant in Wheat Ridge, Colorado, to separate and purify the REEs and other minerals. The plant will process leach solutions from Round Top using continuous ion exchange and continuous ion chromatography, to separate and purify up to 26 recoverable elements.

Ion-exchange and chromatography was developed initially by the U.S. government’s Manhattan project in the 1940s, Althaus said.

The process involves two columns working in parallel. Ion exchange takes place in one column, while the resin in the second column is being regenerated, resulting in continuous operation.

The method’s advantages, Althaus said, include its smaller footprint because it reduces the amount of reagents normally required to process rare earths using solvent extraction methods. “Solvent extraction requires many and in some cases hundreds or thousands of mixersettlers,” he explained, “so there’s a significant carbon footprint.” In addition, ion exchange can separate REEs into individual oxides while solvent extraction produces a blend that then requires further separation, he said, and “enables higher purity separations.”

For guidance, the company brought in experts on REE processing, like Mike Valsey, who spent 15 years as chief technical officer at Lynas, and, Althaus said, “is one of the few people in the world to build a processing facility.”

Valsey oversaw Lynas’ construction of its rare earths processing plant in Malaysia. Lynas, the only producer of scale of separated rare earths outside of China and the second-largest in the world, changed its name to Lynas Rare Earths last month. The company’s Mt Weld deposit in Western Australia is one of the highest grade rare earth mines in the world.

USA Rare Earth also appointed Richard Shaw to its board and as an advisor. Shaw has 35 years of See REEs / 15

GLOBAL MINING NEWS

SPECIAL FOCUS UNITED STATES

THE NORTHERN MINER / FEBRUARY 15—28, 2021

11

UNITED STATES SNAPSHOT: EIGHT COMPANIES ON THE MOVE

BY MAGDA GARDNER mgardner@canadianminingjournal.com

With a long-standing history of mining, a developed regulatory regime and prospective geology, the United States is an attractive destination for companies looking to find and develop mineral deposits.

Below, we present eight companies with assets in the country. n AMERICAS GOLD AND SILVER Americas Gold and Silver (TSX: USA; NYSE: USAS) is a gold and silver producer with operations in the U.S. and Mexico. On January 11, the company’s Relief Canyon heap leach mine in Nevada declared commercial production.

First gold was poured at the site in February 2020 with a full ramp-up expected by mid-May. Based on a July 2018 feasibility study, this site is expected to generate approximately 90,000 gold oz. annually over a six-year initial mine life, at all-in sustaining costs of around US$800 per ounce. Relief Canyon is largely unexplored – only 20% of the 117-sq.-km land package has been explored to date.

In Idaho’s Silver Valley district, Americas Gold and Silver has a 60% interest in a joint venture at the Galena silver complex (Eric Sprott holds a 40% stake in the JV, which was announced in late 2019). A US$20 million recapitalization plan is underway at this site, to upgrade infrastructure, add new mining equipment and develop additional stopes.

With an operating history of over 50 years, Galena has produced over 250 million oz. of silver. The property includes three shafts and two processing facilities. In the fourth quarter of 2020, Galena churned out 295,000 oz. of silver and 5.8 million lb. of lead (600,000 oz. of silver-equivalent), which represents a 100% increase over the 296,500 silver-equivalent oz. generated over the same period in 2019. Americas Gold and Silver is aiming to drive silver output from the complex to the 1.8 million oz. silver to 2 million oz. silver a year range by 2022.

Drill highlights, reported in January, from the first-phase exploration program at Galena included 2.9 metres of 1,017 grams silver per tonne and 1% copper (1,121 grams silver-equivalent) and 1.5 metres of 413 grams silver per tonne and 10.2% lead (786 grams silver-equivalent).

The company also holds the Cosala operations in Mexico’s Sinaloa state. A blockade has been in place at the site since last year. This property includes a processing facility, the San Rafael underground

The Pumpkin Hollow copper mine in Nevada. NEVADA COPPER CORP.

mine and several past-producing mines and mineralized showings.

In January, the company closed a $33.9 million bought deal financing.

Americas Gold and Silver has a $382.2 million market capitalization.

n BUNKER HILL MINING Bunker Hill Mining (CSE: BNKR; US-OTC: BHLL) is working to deliver a preliminary economic assessment on a restart of the Bunker Hill mine, in the Coeur d’Alene mining district of northern Idaho, early in the second quarter of this year.

Based on an update from January, the PEA will assess the use of existing infrastructure to put the site back into production. Initial work suggests potential for “low up-front capital costs” with no See SNAPSHOT / 12

12

SPECIAL FOCUS UNITED STATES

FEBRUARY 15—28, 2021 / THE NORTHERN MINER

WWW.NORTHERNMINER.COM

SNAPSHOT From 11 The radial stacker at Americas Gold and Silver’s Relief Canyon project. AMERICAS GOLD AND SILVER

major development or rehabilitation work required to access initial stopes and no dewatering needs.

Toll milling could also help offset initial capital during the restart period. A two-year restart timeline is currently an option.

Mine planning is ongoing with a three-stage framework. The first would mine to the 11-level, targeting resources above the water table. Stage two would then target higher grade resources that extend to the 16-level, which could be accessed either through the shaft system or by developing a new decline. A final stage would mine to the 23-level, with either shaft or ramp access.

As part of its focus on ESG, the company is assessing underground processing and tailings deposition to minimize any disturbances on surface.

In December 2020, the company released initial drill results from the exploration program at Bunker Hill. The drill highlights included 0.9 metre of 349 grams silver, 20.6% lead and 1.4% zinc and 18 metres of 18.5 grams silver, 1.6% lead and 4.6% zinc. These drill results confirmed mineralization within levels above the existing resource boundary, which is expected to “materially increase the resource base for the preliminary economic assessment.” The 4,570-metre exploration program is focused on targets in upper levels of the mine, nearby existing infrastructure.

In September, the developer released an initial inferred resource for its namesake mine. Estimated at 8.9 million tons (8 million tonnes) grading 1.27 oz. silver per ton (43.6 grams silver per tonne), 2.31% lead and 4.97% zinc, this inventory contains 11.2 million oz. of silver, 410 million lb. of lead and 880 million lb. of zinc.

The operation historically generated over 35 million tonnes between 1885 and 1991, grading 8.76% lead, 3.67% zinc and 55 grams silver per tonne.

Bunker Hill Mining has a $53.7 million market capitalization. n CORVUS GOLD Corvus Gold (TSX: KOR; NASDAQ: KOR) holds the 90.5-sq.km North Bullfrog and 36.5-sq.km Mother Lode projects in Nevada’s Walker Lane trend.

In October, Corvus released the results of two preliminary economic assessments on standalone operations at the two properties. The studies first outline development of the ‘high margin’ North Bullfrog project, followed by a potential second operation at Mother Lode.

The North Bullfrog PEA suggested a 14-year, 43,300 tonneper-day heap-leach operation with a grinding circuit for gravity gold recovery from one highgrade deposit. In its first seven years of operation, this project could generate 147,000 oz. annually at all-in sustaining costs of US$727 per ounce. With an initial capital cost of US$167 million,

Core samples for drill hole 19-123CT from the Central Intrusive Zone at Corvus Gold’s Mother Lode deposit. CORVUS GOLD

the after-tax net present value estimate for the project comes in at US$452 million, at a 5% discount rate, with a 47% internal rate of return. The study used a gold price of US$1,500 per oz. gold.

At Mother Lode, 10 km from North Bullfrog, a separate PEA outlined an eight-year, 19,600 tonne-per-day open pit mine, with a heap leach pad for the oxide mineralization and a biological oxidation mill for higher-grade sulphide mineralization. This operation would generate an average of 170,980 oz. annually. With all-in sustaining costs of US$677 per oz. in the first three years and an initial capital cost of US$406 million, the after-tax net present value estimate for this development stands

CWM.V

2 billion pounds of copper 25 million ounces of silver $179 million NPV $10 million market capitalization (01/25/21)

www.crownminingcorp.com

Drilling equipment at Viva Gold’s Tonopah gold deposit in Nevada. VIVA GOLD

A view from the historic Bunker Hill zinc-lead-silver property in Idaho.

BUNKER HILL MINING

at US$303 million, at a 5% discount rate and based on US$1,500 per oz. gold, with a 23% internal rate of return.

Mother Lode also features the Lynnda strip discovery, 2 km north of the Mother Lode deposit, made up of broad zones of oxide mineralization with several vein systems. Drill results reported in January from this zone included 111 metres of 0.8 gram gold per tonne and 52.6 metres of 1.39 grams gold. Drilling has traced oxide gold mineralization at Lynnda over a thickness of 300 metres.

Results from an initial reverse circulation hole, also reported in January, from the South Merlin

target, approximately 500 metres west of the Lynnda Strip, included a 12.2-metre interval of 0.61 gram gold. Although this hole was stopped due to poor drill conditions, this intercept is interpreted as a connection to the Lynnda system, which would suggest a system width of 800 metres.

In the late 1980s, Mother Lode generated 34,000 gold oz. from material averaging 1.8 grams gold using heap leach gold recovery.

Corvus Gold has a $349.5 million market capitalization. n FIORE GOLD Fiore Gold (TSXV: F; US-OTC: FIOGF) is a U.S.-focused gold producer. The company’s flagship

asset is the Pan heap leach mine in Nevada. The mine lies on the Battle Mountain-Eureka gold trend and was re-started in September 2017.

In the last fiscal year (ending September 30, 2020), Pan produced 46,031 gold oz. at all-in sustaining costs of US$1,148 per ounce. This fiscal year (started October 1, 2020), the company expects to generate 44,000 to 47,000 oz. of the yellow metal at AISCs of US$1,125 to US$1,175 per ounce.

With a current nameplate capacity of 12,701 tonnes per day (14,000 tons) per day, Fiore sees potential to increase throughput to 15,422 tonnes (17,000 tons) per day. Based on a December resource and reserve update, Pan has a mine life reaching out to 2025, based on a 14,000 ton-per-day mining rate.

Measured and indicated resources at this site total 28.2 million tonnes grading 0.47 gram gold per tonne, for a total of 427,000 gold oz. with additional inferred resources of 3.4 million tonnes at 0.56 gram gold for a further 61,000 gold ounces. Fiore has also defined more than 10 exploration targets on the 43.2-sq.-km property.

Fiore also holds the federally permitted Gold Rock project, about 12 km southeast of Pan. Based on an April 2020 preliminary economic assessment, Gold Rock could be an open pit operaSee SNAPSHOT / 13

SPECIAL FOCUS UNITED STATES

GLOBAL MINING NEWS

THE NORTHERN MINER / FEBRUARY 15—28, 2021

13

SNAPSHOT From 12 Exploration work at Revival Gold’s Beartrack-Arnett project in Idaho. REVIVAL GOLD

tion, sharing infrastructure and management with Pan. This project could generate an additional 55,800 oz. gold annually over a 6.5-year mine life, at all-in sustaining costs of US$1,008 per ounce.

With a pre-production capital estimate of US$64.6 million, the after-tax net present value estimate for the development comes in at US$32.8 million, at a 5% discount rate and based on US$1,400 per oz. gold. A feasibility study for Gold Rock is underway and expected late this year.

January’s drill results from Gold Rock included 18.3 metres of 0.84 gram gold starting at 170.7 metres; 19.8 metres of 1.33 grams gold from 129.5 metres; and 12.2 metres of 1.75 grams gold starting at 147.8 metres.

In May, Fiore tabled an updated resource estimate for the Golden Eagle project, which lies within the Republic-Eureka mining district in Washington. Measured and indicated resources total 45.4 million tonnes grading 1.38 grams gold and 6.44 grams silver. Additional inferred resources feature 5.4 million tonnes, at 0.9 gram gold and 4.43 grams silver. Kinross Gold’s (TSX: K; NYSE: KGC) 1,800-tonne-perday Kettle River mill, on care and maintenance, is 10 km away from the project.

Fiore Gold has a $121.6 million market capitalization. n NEVADA COPPER Nevada Copper (TSX: NCU; US-OTC: NEVDF) is focused on ramping up its Pumpkin Hollow underground copper mine in Nevada, 12 km outside of Yerington. The mine is expected to reach steady-state production of 5,000 tonnes per day by mid-2021.

In late December, the miner also completed the materials handling system for the main shaft – the milestone is expected to allow hoisting rates to increase to 5,000 tonnes per day (from 1,000 tonnes per day at the time of the update) once commissioning and ramp-up are completed. By the first week of January, with electrical and instrumentation components of the main hoist complete, the hoist operated at its full production speed.

Lateral development for December also increased by 37% over the prior month.

In January, the company also closed a $38 million bought deal – US$5 million from the proceeds is expected to be used to fund a cost overrun facility for the ramp-up of Pumpkin Hollow. At the end of December, Nevada Copper closed an amendment to its US$115 million senior credit facility, with a US$15 million increase to the loan amount and a US$26 million deferral of debt service until 2023.

At the time of the amendment, the company drew down the full amount of the loan increase.

Based on a 2019 prefeasibility study, a 13.5-year underground operation at Pumpkin Hollow would produce an average of 50 million lb. copper, 8,000 oz. gold and 150,000 oz. silver annually, at AISCs of US$1.96 per lb. copper. The resulting post-construction after-tax net present value estimate, at a 5% discount rate, is US$301 million, with a 25% internal rate of return.

The study also suggested a potential 19-year open pit mine, four km west of the underground site, which could extract an additional 350 million tonnes at 0.5% copperequivalent over its life. With a preproduction capital cost estimate of US$672 million, this project would generate US$829 million in aftertax net present value, at a 7.5% discount rate, with a 21% internal rate of return.

Nevada Copper has a $253 million market capitalization.

n NULEGACY GOLD NuLegacy Gold (TSXV: NUG; US-OTC: NULGF) is focused on exploration in Nevada’s Eureka county. The company’s 108-sq.km Red Hill project includes the 7-sq.-km Rift Anticline target, with prospective Carlin-system geology. The property is at the intersection of the Battle Mountain trend with the Northern Nevada rift. The Rift Anticline is on trend, and adjacent to, the Pipeline, Cortez Hills and Goldrush Carlin-type gold deposits within the Nevada Gold Mines joint venture.

According to NuLegacy, the Rift Anticline target is analogous to the Goldrush project, 11 km to the northwest. Results of a geophysical survey completed over the anticline suggest several high-angle faults, intersected by low-angle thrust faults within the favourable Wenban5 formation. Gold is typically found in this stratigraphic horizon, around intersections of the two sets of faults.

Member IMA

Blasthole drilling and sampling at the North Pit, Pan mine, Nevada. FIORE GOLD

Based on NuLegacy’s corporate presentation, the Rift Anticline target is approximately 6 km long, 700 to 1,200 metres wide, with an estimated thickness of approximately 175 metres for the Wenban5 formation.

In December 2020, NuLegacy announced details of the first four holes completed as part of an initial, 16-hole, 11,500-metre reconnaissance drill program at the Rift Anticline. Two of the holes returned “numerous intercepts of anomalous gold.” Assays for two holes are pending. All four intercepts hit high and low angle faults and splays within strongly altered sections of the Wenban5 stratigraphy. Once additional results are available, the explorer plans to update its geological model and vector in the next four to six holes for the site as part of its 2020-2021 work program.

Prior drilling — completed in See SNAPSHOT / 14

Learn more at revival-gold.com

TSX-V: RVG OTCQB: RVLGF

14

FEBRUARY 15—28, 2021 / THE NORTHERN MINER

SPECIAL FOCUS UNITED STATES Drilling at the Avocado zone of NuLegacy’s Red Hill project in Nevada.

EMILY SUDHOLT/NULEGACY GOLD

SNAPSHOT From 13

2018 and 2019 — at the Serena and Western Slope targets returned 8.7 metres of 16.9 grams gold and 5.1 metres of 9.6 grams gold, respectively. Serena is about 2,500 metres east of the Rift Anticline.

In January, the company closed a $12.5 million non-brokered private placement.

NuLegacy Gold has a $70.6 million market capitalization.

REVIVAL GOLD Revival Gold (TSXV: RVG; USOTC: RVLGF) is working to restart the Beartrack-Arnett gold project in Idaho. The company is looking to develop a first-phase open-pit heap leach operation within 58-sq.-km property, using existing infrastructure.

A November 2020 preliminary economic assessment for the project outlined an initial 12,000 tonne per day, seven-year heap leach mine producing an average of 72,000 gold oz. a year at all-in sustaining costs of US$1,057 per ounce. With a pre-production capital cost estimate pegged at US$100 million, the after-tax net present value estimate for the development comes in at US$88 million, at a 5% discount rate and based on US$1,550 per oz. gold, with a 25% internal rate of return.

The early-stage study looked at the mining of oxidized and partially oxidized mineralization.

This oxide inventory represents less than a third of the total mineralized material at Beartrack-Arn

ALASKA From 9

can be summed up in one word: growth.

“Actually [it’s] hockey stick growth, driven by EV demand, by energy storage system needs as we build out our charging infrastructure,” he said. “The battery industry is due to become the largest sector of demand for the graphite supply chain. The sector is seen aggressively increasing to around 15 times today’s demand by 2030.”

Huston says that Graphite One has also been keenly aware of other mining projects in the state of Alaska that have not reflected well on the industry, and said that environmental, social and corporate governance (ESG) has been an important aspect of advancing their project.

“Community support has been integral for us since day one,” he said. “We welcome the community’s

nett — the project also includes sulphide resources. Permitting is now underway ahead of a potential construction decision by the end of 2022.

Total measured and indicated resources at the project stand at 36.6 million tonnes grading 1.15 grams gold per tonne, for a total of 1.4 million gold oz. with additional inferred resources of 47.1 million tonnes at 1.08 grams gold for a further 1.6 million oz. of gold.

According to Hugh Agro, Revival’s president and CEO, the past-producing nature of the project should translate into shorter permitting timelines and lower the technical risks. Over the next two years, Revival plans to continue growing the Beartrack-Arnett resource base while it advances the heap leach development and evaluates the potential for a secondphase sulphide development at the site.

The known mineralized trend at the project extends for over 5 km, with an additional five to six km of unexplored strike. In January, Revival released final drill results from 2020 drilling in the Haidee target area; the program was aimed at upgrading and expanding resources. All of the 30 holes in the program hit near-surface oxide gold. Highlights included 28.3 metres of 0.93 gram gold per tonne and 48.5 metres of 0.86 gram gold.

Haidee extends for over 600 metres of strike and projects for about 400 metres up-dip.

The Beartrack portion of the project operated as a 13,600 tonne

eyes on us, as we continue to demonstrate, not just in our words but through our actions, how important local support and local participation will be in our project. It’s exciting and we want to make sure the local communities are part of this new venture and all the positive development it can bring.”

As mining operations go, Huston says Graphite Creek will be on the smaller end of the spectrum, more comparable to a quarrying operation, with very little overburden before they reach the graphite, resulting in a smaller environmental footprint.

“We are 100% committed to responsible mining in terms of our environmental impact and the safety of our operations. As CEO, but I would say even more importantly on a personal level, as a parent, I want to see maximum benefits to the local communities, in terms of secure employment, training.” TNM

per day heap leach between 1994 and 2000, producing approximately 600,000 oz. of gold.

Revival Gold has a $49.8 million market capitalization.

n VIVA GOLD Viva Gold (TSXV: VAU; USOTC: VAUCF) is advancing its road-accessible 35.6-sq.-km Tonopah gold project on western Nevada’s Walker Lane gold trend.

Results from a May 2020 PEA suggest a six-year open pit heap leach development at the site. This mine would generate an average of 38,000 gold oz. annually, at allin sustaining costs of US$1,075 per ounce. With an initial capital cost pegged at US$58 million, the after-tax net present value estimate comes in at US$36.3 million, based on US$1,400 per oz. gold and using a 5% discount rate, with a 22% internal rate of return.

With the PEA results in hand, Viva plans to advance the Tonopah asset through to a feasibility study and into the permitting stage.

In November 2020, Viva released the final assay results from an 11-drillhole reverse circulation program at Tonopah, which, according to President and CEO James Hesketh, showed that the mineral trend at Tonopah remains open. Highlights from the program included 29.5 metres of 0.7 gram gold (first announced in October

WWW.NORTHERNMINER.COM

2020) and 9.8 metres of 2.7 grams gold (released in September 2020).

After receiving the RC results, Viva started a five-hole core drilling program at the site. After assay, the core samples will be used for metallurgical optimization, geotechnical analysis and environmental characterization.

In December, consultants to the company completed a prefeasibility level geotechnical study.

On the exploration front, the company started a review last year of past exploration work completed on the west side of the property. Viva also re-reviewed historic rock chip sampling programs completed over the site. The sample assays are now being added to the project geological model. This year, Viva plans to use historic exploration data, together with additional field work, to develop additional exploration targets.

Based on an April update, measured and indicated resources at the site total 12.8 million tonnes grading 0.79 gram gold per tonne for 326,000 gold ounces. Additional inferred resources feature 8.4 million tonnes grading 0.67 gram gold for a further 181,000 gold ounces. The deposit at Tonopah is a low-sulphidation epithermal gold system.

Viva Gold has a $9 million market capitalization. TNM

GETCHELL GOLD From 9

dictions, has excellent road access, and is less than a two-hour drive from Reno, 125 km to the west. It also benefits from its proximity to the town of Fallon, 69 km to the southwest. The city is home to the Fallon Naval Air Station, which is a source of labour and industrial services such as mechanical and light fabrication services.

Sieb joined Getchell in 2018 as technical director, and was appointed president in mid-2020. The geologist has spent 30 years exploring for gold, base metals, potash, and battery metals.

“I have a breadth of experience of multi-commodity, multi-jurisdictional, and multi-stage projects and have been involved with many successful companies over my career so I know what it takes to develop a successful project.”

During his tenure as president of Brilliant Mining Corp. from 2006 to 2009, the company acquired a 25% ownership of the Lanfranchi nickel mine in Western Australia, with the remaining 75% interest held by Panoramic Resources (ASX: PAN).

Brilliant acquired its 25% stake in the project for $18.5 million and grew the junior from a market capitalization of $20 million to $200 million in just under two years. Brilliant was named one of the top ten junior exploration companies on the TSX Venture50 for two years in a row in 2007 and 2008.

Fondaway was first staked in 1956

by Fisk Mining, which first discovered tungsten on the property. The family-run business mined approximately 9,072 tonnes of mineralized material recovering 200,000 lb. of tungsten trioxide. (The Fisk family still own the claims for the property.)

In 1977, gold was discovered on the property. Between 1980 and 1983, the Fisk family operating under Fisk & Robertson Mining used a vat leaching process to recover 2,500 oz. of gold from 22,670 tonnes of mineralized material.

Privately held Tenneco Minerals leased the property from 1986 to 1996 and drilled 573 holes totalling 40,011 metres. From 1989 until 1990 the company extracted 170,642 tonnes of mineralized material and produced 5,402 oz. of gold from an open-pit heap-leach mine.

Crew operating a drill rig at the Colorado pit at the Fondaway Canyon gold project. GETCHELL GOLD

Various operators explored Fondaway between 1996 and 2017, when Canarc Resource acquired the property.

That same year, a resource estimate by Canarc outlined 2.01 million indicated tonnes grading 6.18 grams gold per tonne for 409,000 oz. contained gold and inferred resources of 3.2 million tonnes grading 6.4 grams gold for 660,000 oz. of gold.

When Getchell acquired Fondaway in 2019, 735 holes (56,682 metres) had been drilled on the property.

Last year the company spent about six months compiling, digitising, and interpreting the “voluminous amount of data” left by the project’s previous owners.

Guided by the results from its 2020 drill program, Getchell plans to undertake a step-out drill program this year to extend the known mineralisation and follow-up on the

newly discovered zone. It also plans to update the resource estimate by the middle of 2021.

Getchell Gold plans to drill 4,000 metres this year and currently has around $2 million in the treasury, which is enough to fund the work, Sieb says, but the company “will likely have to go back to the market at some stage this year to raise more funds.” The company, he added, also has over $3 million of in-the-money warrants that will provide a supplemental funding stream.

Elsewhere in Nevada Getchell Gold is advancing its Star project (the formerly producing Star Point Copper mine and the Star South copper-gold-silver project), 60 km north of Fondaway; the Dixie Comstock gold project, 17 km northeast of Fondaway; and the Hot Springs Peak project, 180 km north of Fondaway. TNM

GLOBAL MINING NEWS

REEs From 9

experience in nuclear and metals processing industries including commercial development of continuous ion-exchange and chromatography and has advised leading mining companies including BHP (NYSE: BHP; LSE: BHP;) Rio Tinto (NYSE: RIO; LSE: Rio) and Newmont (TSX: NGT; NYSE: NEM), Althaus said.

Initially, the company plans to only process a handful of Round Top’s HREEs (dysprosium, lutetium, scandium, terbium and yytrium) and three of its LREEs (neodymium, praseodymium and samarium), Althaus said, as some of the others “are too low value, like cerium and lanthanum and the ion-exchange process enables us to run the warehoused material through at a later date, should we opt do so.”

The company is also exploring tolling arrangements with other mining companies with rare earth projects as an alternative to shipping their material to China. “I get countless emails a week asking us to look at other peoples’ projects and see if they are viable and whether we’re interested in procuring material from them,” he noted.

USA Rare Earth started commissioning the pilot plant in February 2020 to test material from Round Top and expects to complete the process in mid-2021.

Althaus believes it is “realistic” to expect first production from the plant in 2023. “We’ve gone through initial components of removing the uranium and thorium, separating rare earths and into individual oxides, and we’re moving through this without many issues,” he said. “We’re not inventing the technology, it’s more about optimizing it.”

In April 2020, the company laid the groundwork for the third component of its mine-to-magnet strategy when it acquired the neodymium iron boron (NdFeB) permanent magnet manufacturing equipment formerly owned and operated by Hitachi Metals America. Hitachi closed the plant in North Carolina in 2015 after less than two years of operation following the resolution of China’s rare earth trade dispute with Japan.

According to Althaus, the equipment will allow the company to produce about 2,200 tonnes a year of rare earth magnets (neodymium iron boron), which by his calculations means the plant could produce roughly 20% of the U.S.’s magnet market. “It’s the only neodymium iron boron permanent magnet manufacturing plant in this part of the world and from what we’re seeing demand is many multiples of what the plant can produce.”

The company is in the process of disassembling the plant and will store the equipment until it decides where it wants to build a permanent magnet

USA From 1

ect like this, so you’re talking 20242025 to get into the marketplace, which, I think, is a perfect inflection point for the [lithium] industry,” Jon Evans, the company’s president and CEO, said in an interview. “Our idea is 30,000 tonnes [per year] to start, which is half the permit limit.”

“We have done a lot of preparation for this moment,” he said.

“The record of decision is both a federal and a state decision, so we were happy with the support, both locally and federally.”

Since December, the company has already hired half a dozen people, he said, supplementing their engineering team in Nevada. At the same time, Lithium Americas has pushed forward an ambitious financing plan for Thacker Pass.

According to Evans, results from the offering have given the company pause to consider their options with Thacker Pass, especially as the fund-

THE NORTHERN MINER / FEBRUARY 15—28, 2021

manufacturing plant; a decision on location is expected to be made before the end of March. “The magnet plant may be in Texas but doesn’t have to be in Texas,” he said.

As for the rare earth processing plant, the company will likely keep its pilot plant in Colorado for tolling arrangements, and build a scaled up plant on a larger site near Round Top. In the meantime, Althaus said, the company is currently assessing options to go public in an initial public offering or other transaction, and is discussing its options with its bankers.

“We have a very large deposit with a very long mine life,” he said, pointing to an updated PEA the company completed in August 2019.

The early stage study outlined capital costs of US$350.4 million, which includes an on-site rare earth oxide and separation plant and a 25% contingency. The PEA envisioned an open-pit mine life of 20 years based on mining 14% of Round Top’s resources. (According to Althaus, future studies could demonstrate a mine life of as long as 140 years.)

The economics include a payback period of 1.5 years; an after-tax net present value of US$1.18 billion at a 10% discount rate; and internal rate of return of 57%. Average operating costs totalled US$15.61 per tonne of rare earths produced. Initially the operation would run at a mining rate of 20,000 tonnes per day. But Althaus believes it can be increased to between 30,000 and 40,000 tonnes as required.

“The U.S. has been very much behind the eight-ball on this,” Althaus said of the country’s efforts to build a domestic supply chain of rare earths and other critical minerals that he hopes Round Top will produce one day. “The issue started 30 years ago when the U.S. let China come in and legitimately acquire the processing technology from MagnaQuench and removed it to China, along with local personnel who trained Chinese personnel. It was in retrospect a colossal mistake.”

At the time, China’s leader, Deng Xiaoping, said “the Middle East had oil and China had rare earths,” Althaus said, “but many people didn’t understand what he meant, particularly the U.S. government, and China was smart enough to understand the importance of it … It was only in 2019, after Chinese President Xi Jinping visited the rare earth magnet plant in Jiangxi province, did the sector explode with interest.”

For his part, Althaus is pleased with the company’s progress. “There’s been a lot that’s gone into getting the deposit where it is today,” he said. As for the processing plant, “this isn’t new technology, it’s been around since the 1940s, and it’s more about optimizing it. It’s not an ‘if’, it’s a when.” TNM

“THIS GIVES US SOME DIFFERENT PATHS TO CONSIDER. DO WE BUILD THIS ON OUR OWN? OR DO WE CONTINUE TO LOOK FOR A STRATEGIC PARTNER.” JON EVANS PRESIDENT AND CEO, LITHIUM AMERICAS

ing was raised in the midst of the Covid-19 pandemic.

“It’s folks that can make it through the Valley of Death and survive that [find] opportunity on the other end and cash allows you to do that,” he said. “We were two times oversubscribed. I was in disbelief. We’ve raised some capital, so our cash posi-

15

Karora cuts high grade at Beta Hunt’s Larkin discovery AUSTRALIA

| Results point to further expansion potential

BY CANADIAN MINING JOURNAL STAFF

J

ust a month after posting a hefty increase in reserves and resources at its Beta Hunt mine in Australia, Karora Resources (TSX: KRR) has released high-grade exploration results that point to further expansion potential.

Drilling at the new Larkin zone discovery made in September has returned several high-grade hits.

Highlights from the infill and stepout drill program in hole 023E included: 9 metres of 19 grams gold per tonne from 221 metres depth, including 0.3 metre of 542 grams gold per tonne; 3 metres of 6.4 grams gold from 233 metres depth, including 1 metre of 16.2 grams gold; and 9.7 metres of 2.3 grams gold from 164 metres.

(True widths are estimated at 90% of reported widths.) In addition, drill hole 018E intersected 3 metres of 4 grams gold from 163 metres depth.

The highest-grade intersection featured visible gold mineralization along the quartz vein/altered basalt contact.

Karora, which is about halfway through a 6,100-metre drill program at Larkin, hopes to define a resource at the zone this year. Current resources and reserves at Beta Hunt are hosted in the A Zone and Western Flanks zone.

“Today’s high grade gold drill results continue to demonstrate the exciting potential in a new zone outside of the current production centres of Western Flanks and A Zone,” said Paul Huet, chairman and CEO of Karora, in a press release. “The results reinforce our strong belief that the Beta Hunt mine has the potential for significant gold resource growth and expansion beyond the substantial increase in reserves and resources announced in December 2020. We are excited by the potential at Larkin and are keen to bring the zone into our mineral resource this year.”

Huet added that preliminary engineering work is already underway to prepare the Larkin zone as the next mining zone at Beta Hunt. The zone benefits from nearby infrastructure, consisting of development drifts that were put in to access nickel mineralization at the mine. Beta Hunt has a production history (including both gold and nickel) dating back to the 1970s.

The Larkin zone is open for expansion at depth and along strike to the southeast. Karora believes the

tion has changed markedly over the last few months. And this gives us some different paths to consider.

Do we build this on our own? Or do we continue to look for a strategic partner, and I think we still like that path. But the types of partners, and the structure of that partnership can be different. You know, we bring more to the table in terms of capital already raised.”

While the company ponders whether to go it alone or partner up, Evans believes that the lithium sector in North America itself faces some hurdles moving forward, even as he thinks it is poised for growth in the decade ahead.

“The interest in a North America [lithium] asset already is high, and then it’s going to get even more so, in that the supply chains are all integrated and we all want to have a local source,” he said, referring to the desire of the new administration of U.S. President Joe Biden to maintain elements of the America

A gold specimen extracted from the Beta Hunt gold mine in Australia.

KARORA RESOURCES

zone, which consists of two steeply dipping mineralized zones that vary between 3 and 10 metres in width, is the faulted southern offset of the Western Flanks zone.

The discovery hole at Larkin returned 3.5 metres of 15.3 grams in September, as well as a wall sample of 5.0 grams gold over 14.4 metres.

The zone is also located just a few metres beneath a new high-grade nickel zone discovered at the same time — 30C. Karora operates the Beta Hunt underground mine, the Higginsville open pit mine, and the Higginsville processing plant in Western Australia.

In January, the Toronto-based company upped its production guidance for 2021 by 21%. Karora, which produced a record 99,249 oz. last year, expects to produce 105,000 oz. gold to 115,000 oz. gold in 2021 at all-in sustaining costs of US$985US$1,085 per ounce.

The company’s last resources and reserves update in December boosted proven and probable reserve ounces

by 334% and measured and indicated resources by 167%.

Proven and probable reserves now stand at 1.3 million oz. in 23.5 million tonnes grading 1.8 grams gold.

Measured and indicated resources total 2.5 million oz. in 42 million tonnes averaging 1.9 grams gold.

“The recent drill results from the Larkin Zone suggest there is attractive potential to grow the company’s resource base at Beta Hunt beyond the Western Flanks and A Zone production centers,” Pierre Vaillancourt of Haywood Securities commented in a research note to clients. “Ongoing drilling at Beta Hunt should help to establish a long mine life at the deposit.”

Vaillancourt has a 12-month price target on the company of $6.00 per share. Over the last year Karora has traded in a range of 88¢ and $4.49 per share and at presstime was trading at $3.45 per share.

The company has about 146 million common shares outstanding for a market cap of about $504 million. TNM

First economic policies.

The demand for lithium is already increasing, he said, pointing to General Motors recent announcement that it plans to make only electric vehicles from 2035 on, and the U.S. government’s plans to shift to buying EVs in the next decade.

“How much lithium is used in the U.S., today, for vehicles? It’s about 18,000 tonnes,” Evans pointed out.

“And there’s about 5,000 tonnes that’s made in the U.S. today. You go to 2025 and you need a little over 100,000 tonnes just to fuel electric vehicles. And then when you get to 2030 it’s about 360,000 tonnes. So, the whole industry today in the U.S. and Canada? We have challenges.”

But Evans thinks the global lithium sector needs to prepare for even further demand, and should think in terms of doubling its size in the next four or five years. “[Lithium production] needs to go to something like 800,000 or 900,000 tonnes, which has never been done

before,” he said. “And then from 2025 to 2030, you have to double it again. You know, go from 800,000 or 900,000 to, I’ll call it 2 million tonnes.

And that’s just for 15-20% EV sales in 2030. So, I think we’re right on the precipice of a real acceleration in the [lithium] sector.”

With a favourable ROD, flush with capital and a positive outlook for short-term and long-term demand, Lithium Americas finds itself in a unique position for a junior.

“We’re in a position where I don’t need to sell half the project off,” said Evans. “Right now — and I think it’s going to last a while — the sector has a lot of interest. And people I think believe in us now, given the quality of our properties and what we’ve done so far. Yeah, all of the right pieces are now coming together.”

At press time, Lithium Americas’ shares were trading at $24.99, within a 52-week range of $2.90 to $36.60.

The company has 119 million shares outstanding, and a market capitalization of $3 billion. TNM

16

WWW.NORTHERNMINER.COM

FEBRUARY 15—28, 2021 / THE NORTHERN MINER

The No. 1 shaft at Vaal Reefs circa 2007.

ODDS ‘N’ SODS From 5

older and had churned out 250,000 ounces of gold a year, regular as clockwork, since the 1950s. There was a lot of pressure on us to keep production up because the development costs for the shaft were paid off years previously. A young greenhorn geologist, I quickly learned how to map tunnels and stopes: horizontal, inclined, bent, vertical and occasionally on the verge of collapse. After a few months I was mapping three to four days a week, trying hard to keep up with the production schedule of my part of the mine, which included a main haulage tunnel that was being double shifted.

The No. 1 shaft at Vaal Reefs, South Africa, circa 2007.

Double shifting meant two blasts per day rather than one, and an advance of about six metres per day, or close to 200 metres a month. If I forgot to map it, even for a couple of weeks, the backlog of unmapped tunnel built up quickly. The haulages were whitewashed by the equipping crew as they installed rails and water and air pipes, and the sides would get caked in dried-on rock dust and black soot from diesel exhaust fumes, making it impossible to map. The net result of slacking off was the loss of a lot of structural and stratigraphical geological information and a young

RALPH RUSHTON

geologist who looked like a lazy idiot in the next planning meeting.

The miner in charge of the double shift was nicknamed “Inja” by his crew (“dog” in Zulu.) The first time I met him he was just back to work from medical leave. He’d had multiple pre-cancerous moles removed from his front and back, and was sporting a dozen or so small, stitched up wounds all over his torso. In the warm humidity of the deep level mining environment — it was 30 degrees Celsius at 7,500 feet (2,286 metres) below surface — they were tormenting him. Sweat got into his

Trusted provider of global mining & exploration intelligence since 1915.

100 Years OBAL MINING NEWS OF GL

Geotech_Earlug_2015_VTEM_Colour3.pdf 1 2015-09-25 9:59:47 AM

VTEM™ ZTEM™ Gravity Magnetics Radiometrics Data Processing Interpretation 905 841 5004 | geotech.ca

SPECIAL FOCUS: QUEBEC / 7–10

One of The Largest Silver Discoveries of 2014 TSX.V: GRG www.goldenarrowresources.com

Editorial

Canadian Mining Hall of Fame

Discipline pays off / 4

Five new inductees / 5

OCTOBER 5–11, 2015 / VOL. 101 ISSUE 34 / GLOBAL MINING NEWS · SINCE 1915 / $3.99 / WWW.NORTHERNMINER.COM

Liberals, Greens Q&A on mining in Canada

Geotech_Earlug_2015_VTEM_Colour3.pdf 1 2015-09-25 9:59:47 AM

VTEM™ ZTEM™ Gravity Magnetics Radiometrics Data Processing Interpretation 905 841 5004 | geotech.ca

SPECIAL FOCUS: QUEBEC / 7–10

One of The Largest Silver Discoveries of 2014 TSX.V: GRG www.goldenarrowresources.com

Editorial

Canadian Mining Hall of Fame

Discipline pays off / 4

Five new inductees / 5

Mining sector forced to innovate

OCTOBER 5–11, 2015 / VOL. 101 ISSUE 34 / GLOBAL MINING NEWS · SINCE 1915 / $3.99 / WWW.NORTHERNMINER.COM

Five new inductees / 5

| New technology stokes productivity gains, but ‘no silver bullet’

ELECTION 2015 | Credibility and accountability are top concerns

T

BY JOHN CUMMING jcumming@northernminer.com

TECH CONFERENCE

T

BY ALISHA HIYATE ahiyate@northernminer.com

BY JOHN CUMMING jcumming@northernminer.com

ith Canadians looking ahead to a federal election on Oct. 19, The Northern Miner submitted mining-related questions to the leaders of the four major political parties running across Canada. The following are the answers from the Liberal Party of Canada leader Justin Trudeau and Green Party of Canada leader Elizabeth May and their parties: The Northern Miner: In recent years the federal government has streamlined environmental permitting for miners by trying to avoid duplicating provincial efforts. Do you support this approach? Does the federal government have a unique role to play in avoiding catastrophic tailings dam failures, such as the Mount Polley spill in B.C. in 2014?

Justin Trudeau/Liberal Party: The Harper government has eroded the credibility of Canada’s environmental reviews by narrowing their application, limiting public participation and slashing the capacity of the federal government to protect the environment.

They have ended over 50 years of environmental oversight in Canada by repealing the Canadian Environmental Assessment Act so that the federal government can sidestep environmental reviews of potentially harmful projects.

Without public trust, Canada’s environmental assessment processes are increasingly paralyzed. Not only are we not doing a good enough job at protecting our environment, we are not getting our resources to market.

We need clear and efficient processes that have reasonable, evenhanded rules, clear beginning and end points and decisions that can be relied on.

We will launch an immediate, public review of Canada’s environmental assessment processes. Based on this review, a Liberal government will

Autonomous haulage trucks on the move at Rio Tinto’s West Angelas iron ore mine in Australia’s Pilbara region.

TNM_Oct 05 2015 Issue.indd 1

See TECHNOLOGY / pg. 2 PM40069240

SAVE UP TO 50% WITH MULTI-USER ACCOUNTS

For more information please contact George Agelopoulos:

@ gagelopoulos@northernminer.com

416-510-5104 Toll Free: 1-888-502-3456 ext. 43702

VTEM™ ZTEM™ Gravity Magnetics Radiometrics Data Processing Interpretation 905 841 5004 | geotech.ca

One of The Largest Silver Discoveries of 2014 TSX.V: GRG www.goldenarrowresources.com

Editorial

Canadian Mining Hall of Fame

Discipline pays off / 4

Five new inductees / 5

OCTOBER 5–11, 2015 / VOL. 101 ISSUE 34 / GLOBAL MINING NEWS · SINCE 1915 / $3.99 / WWW.NORTHERNMINER.COM

Liberals, Greens Q&A on mining in Canada

Mining sector forced to innovate TECH CONFERENCE

| New technology stokes productivity gains, but ‘no silver bullet’

ELECTION 2015 | Credibility and accountability are top concerns

BY ALISHA HIYATE ahiyate@northernminer.com

T

he mining sector is facing a Darwinian moment, delegates at the first annual Technology and Innovation in Mining conference in Toronto heard in September.

Just as species deal with changes in their climate, food sources or other circumstances, miners dealing with mounting cost, social and technical pressures must innovate if they want to survive, research group AMIRA International managing director Joe Cucuzza said.

“If you look at Darwinian evolution, there are more species that go extinct than actually quickly adapt,” Cucuzza told the conference. “The point is that in our industry, we need to adapt quickly.

Those that are slow to adapt, unfortunately, are going to go extinct.”

The conference, organized by Dubai-

BY JOHN CUMMING jcumming@northernminer.com

W

15-09-29 8:10 PM

ith Canadians looking ahead to a federal election on Oct. 19, The Northern Miner submitted mining-related questions to the leaders of the four major political parties running across Canada. The following are the answers from the Liberal Party of Canada leader Justin Trudeau and Green Party of Canada leader Elizabeth May and their parties: The Northern Miner: In recent years the federal government has streamlined environmental permitting for miners by trying to avoid duplicating provincial efforts. Do you support this approach? Does the federal government have a unique role to play in avoiding catastrophic tailings dam failures, such as the Mount Polley spill in B.C. in 2014?

Justin Trudeau/Liberal Party: The Harper government has eroded the credibility of Canada’s environmental reviews by narrowing their application, limiting public participation and slashing the capacity of the federal government to protect the environment.

They have ended over 50 years of environmental oversight in Canada by repealing the Canadian Environmental Assessment Act so that the federal government can sidestep environmental reviews of potentially harmful projects.

Without public trust, Canada’s environmental assessment processes are increasingly paralyzed. Not only are we not doing a good enough job at protecting our environment, we are not getting our resources to market.

We need clear and efficient processes that have reasonable, evenhanded rules, clear beginning and end points and decisions that can be relied on.

We will launch an immediate, public review of Canada’s environmental assessment processes. Based on this review, a Liberal government will

TNM_Oct 05 2015 Issue.indd 1

See ELECTION / pg. 3 15-09-29 8:10 PM

COAL OUTLOOK: WOOD MACKENZIE SEES RAY OF HOPE / 4

Each member of your team can have their own access to reliable, timely and informed analysis of global mining and exploration activity.

Geotech_Earlug_2015_VTEM_Colour3.pdf 1 2015-09-25 9:59:47 AM

SPECIAL FOCUS: QUEBEC / 7–10

See TECHNOLOGY / pg. 2 PM40069240

See TECHNOLOGY / pg. 2 Autonomous haulage trucks on the move at Rio Tinto’s West Angelas iron ore mine in Australia’s Pilbara region.

RIO TINTO PM40069240

COAL OUTLOOK: WOOD MACKENZIE SEES RAY OF HOPE / 4

RIO TINTO

PM40069240

Empower Your Team With Authoritative News and Analysis From The Northern Miner

he mining sector is facing a Darwinian moment, delegates at the first annual Technology and Innovation in Mining conference in Toronto heard in September.

Just as species deal with changes in their climate, food sources or other circumstances, miners dealing with mounting cost, social and technical pressures must innovate if they want to survive, research group AMIRA International managing director Joe Cucuzza said.

“If you look at Darwinian evolution, there are more species that go extinct than actually quickly adapt,” Cucuzza told the conference. “The point is that in our industry, we need to adapt quickly.

Those that are slow to adapt, unfortunately, are going to go extinct.”

The conference, organized by Dubai-

See ELECTION / pg. 3

Autonomous haulage trucks on the move at Rio Tinto’s West Angelas iron ore mine in Australia’s Pilbara region.

RIO TINTO

TNM_Oct 05 2015 Issue.indd 1

T

RIO TINTO

See ELECTION / pg. 3

W

TNM_Oct 05 2015 Issue.indd 1

One of The Largest Silver Discoveries of 2014 TSX.V: GRG www.goldenarrowresources.com

Canadian Mining Hall of Fame

Discipline pays off / 4

Mining sector forced to innovate TECH CONFERENCE

he mining sector is facing a DarW delegates at the winian moment, first annual Technology and Innovation in Mining conference in Toronto heard in September.

Just as species deal with changes in their climate, food sources or other circumstances, miners dealing with mounting cost, social and technical pressures must innovate if they want to survive, research group AMIRA International managing director Joe Cucuzza said.

“If you look at Darwinian evolution, there are more species that go extinct than actually quickly adapt,” Cucuzza told the conference. “The point is that in our industry, we need to adapt quickly.

COAL OUTLOOK: WOOD MACKENZIE SEES RAY OF HOPE / 4 Those that are slow to adapt, unfortunately, are going to go extinct.”

The conference, organized by Dubai-

Mining sector W forced to innovate

ith Canadians looking ahead to a federal election on Oct. 19, The Northern Miner submitted mining-related questions to the leaders of the four major political parties running across Can| New technology stokes productivity gains, but ‘no silver bullet’ ada. The following are the answers from the Liberal Party of Canada

BY ALISHA HIYATE leader Justin Trudeau and Green Party ahiyate@northernminer.com of Canada leader Elizabeth May and their parties: he mining sector is facing a DarThe Northern Miner: In recent years winian moment, delegates at the

BY JOHN CUMMING first annual Technology and Injcumming@northernminer.com the federal has streamlined novation in Mining conferencegovernment in Toronto heard in September. environmental permitting for miners ith Canadians looking Just as species deal with changes in byfood trying tooravoid ahead to a federal election their climate, sources other duplicating provinon Oct. 19, The Northern circumstances, miners dealing with efforts.

Do you support this apMiner submitted mining-related quesmounting cial cost, social and technical tions to the leaders of the four major pressures must innovate ifDoes they want to federal government proach? the political parties running across Cansurvive, research group AMIRA Interhave adirector unique role to play in avoiding ada. The following are the answers national managing Joe Cufrom the Liberal Party of Canada cuzza said. catastrophic tailings dam failures, such leader Justin Trudeau and Green Party “If you look at Darwinian evolution, of Canada leader Elizabeth May and there are more that go extinct as species the Mount Polley spill in B.C. in their parties: than actually quickly adapt,” Cucuzza 2014?“The point is that The Northern Miner: In recent years told the conference. the federal government has streamlined in our industry, we need to adapt quickly.

Justin Trudeau/Liberal Party: The environmental permitting for miners Those that are slow to adapt, unfortuby trying to avoid duplicating provinnately, are going to go extinct.”

Harper government has eroded the cial efforts. Do you support this apThe conference, organized by Dubaicredibility of Canada’s environmental proach? Does the federal government See TECHNOLOGY / pg. 2 have a unique role to play in avoiding reviews by narrowing their application, catastrophic tailings dam failures, such Autonomous haulage trucks on the move at Rio Tinto’s West Angelas iron ore mine in Australia’s Pilbara region. as the Mount Polley spill in B.C. in limiting public participation and slash2014? ing the capacity of the federal governJustin Trudeau/Liberal Party: The Harper government has eroded the ment to protect the environment. credibility of Canada’s environmental reviews by narrowing their application, They have ended over 50 years of limiting public participation and slashing the capacity of the federal governenvironmental oversight in Canada ment to protect the environment. by repealing the Canadian EnvironThey have ended over 50 years of environmental oversight in Canada mental Assessment Act so that the by repealing the Canadian Environmental Assessment Act so that the federal government can sidestep enfederal government can sidestep environmental reviews of potentially vironmental reviews of potentially harmful projects. harmful projects.

Without public trust, Canada’s environmental assessment processes are Without public trust, Canada’s enincreasingly paralyzed. Not only are vironmental assessment processes are we not doing a good enough job at protecting our environment, we are increasingly paralyzed. Not only are not getting our resources to market.

We need clear and efficient processes we not doing a good enough job at that have reasonable, evenhanded protecting our environment, we are rules, clear beginning and end points and decisions that can be relied on. not getting our resources to market.

We will launch an immediate, public review of Canada’s environmental We need clear and efficient processes assessment processes. Based on this that have reasonable, evenhanded review, a Liberal government will rules, clear beginning and end points See ELECTION / pg. 3 and decisions that can be relied on.

We will launch an immediate, pubCOAL OUTLOOK: WOOD MACKENZIE SEES RAY OF HOPE / 4 lic review of Canada’s environmental assessment processes. Based on this review, a Liberal government will

905 841 5004 | geotech.ca

Editorial

OCTOBER 5–11, 2015 / VOL. 101 ISSUE 34 / GLOBAL MINING NEWS · SINCE 1915 / $3.99 / WWW.NORTHERNMINER.COM

Liberals, Greens Q&A on mining in Canada ahiyate@northernminer.com

BY ALISHA HIYATE

ELECTION 2015

| Credibility and accountability are top concerns

VTEM™ ZTEM™ Gravity Magnetics Radiometrics Data Processing Interpretation

| New technology stokes productivity gains, but ‘no silver bullet’

| Credibility and accountability are top concerns

Liberals, Greens Q&A on mining in Canada

Geotech_Earlug_2015_VTEM_Colour3.pdf 1 2015-09-25 9:59:47 AM

SPECIAL FOCUS: QUEBEC / 7–10

TECH CONFERENCE

ELECTION 2015

15-09-29 8:10 PM

15-09-29 8:10 PM

stitches and must’ve felt like lemon juice on paper cuts. Every time he moved he cursed under his breath in Afrikaans and his coveralls were speckled with small spots of blood that spread out into the damp cloth.

You could see his crew were loving it, and doing their best not to laugh.

When I got to the face, he was really grumpy and was sticking the last detonators and fuse chord into the blast holes. It was routine to have a quick chat to the miner and I had to introduce myself as the new engelsman (Englishman) geologist.

He’d be calling on me for geological advice so best if he knew who I was.

The crew had left and it was just me and him, and he knew I was a beginner. I was boring him with talk of the exciting rocks he could expect as the face advanced. As we chatted he lit a cigarette. But he also lit the main fuse and dropped it on the ground. I hadn’t noticed. Eventually, I saw an orange glow on the ground, which seemed to relate to a burning thin ropey thing on the floor at my feet. Just as I realised it was the fuse, it split into four, then 42, shorter chords all burning away merrily at a decent clip toward the face. I knew Inja was testing me and there was sod all I could do but brazen things out. If I lost face on the first visit I was toast for the next three years.

I stayed put. As the orange flames climbed the face, Inja finally turned and walked casually away. I figured we had maybe 10-20 seconds before I died an agonising death, dismembered and peppered with shrapnel.

The tunnel had a short bend about 50 metres back. We just cleared the bend and stepped into the waiting place when the first Anfo charges went off and my overalls decided they’d try to escape.

It’s a strange, visceral feeling standing so close to 42 Anfo charges when they blow. As each charge goes off, shock waves resonate up and down the tunnel and your overalls shake. My hard hat fell off with the first detonation but I suspect that was me jumping with the shock of experiencing my first blast. The noise was like an orchestral drum being beaten with Thor’s hammer 42 times, but 50 times louder. Then it was all over bar the dust and the nitrous oxide smoke. I didn’t run or scream so I’d passed his test.

My second close encounter with blasting was altogether a bit more serious and the outcome at the time a bit less uncertain. I’d been asked to map a ventilation raise that connected two levels to facilitate the flow of air through mine workings.

It was a beast; a 90-metre vertical rise and about 200 metres long, with a kink in the tunnel where the miners had drifted off course between surveys. The air flow was strong and upward, pushing me from behind as I climbed up the raise with my assistant, Dunkel. I was sweating heavily and the breeze chilled my damp overalls. The air flow told me the vent raise had holed into the next level up.

Dunkel and I climbed through a wooden platform half-way up the raise and worked our way up the ladder. From where we were, the crew below had no chance of seeing

RALPH RUSHTON

us although we had passed them on the way up.

I slung my tape up the side of the tunnel and started mapping. A minute or two later, a huge detonation went off below us, alarmingly close. The tunnel filled with nitrous fumes. Then a second blast went off and a third. We couldn’t go down the ladder because they were blasting below us. I guessed they were “popping” boulders: large rocks blocking ore passes or tunnels would be drilled, usually a single hole, and a single charge set off to split them for removal. But I had no idea how many were being cleared and there was the real risk of getting caught in a blast if we went down.

But going up was also a major problem. The tunnel was foggy with nitrous fumes, which were still coming up in our direction, following the air flow. Dunkel and I agreed that the only choice we had was to go up, which meant breathing in the fumes and risking exposure to nitrous oxide from the Anfo. Despite its reputation as a party drug, breathing in too much nitrous oxide can irritate the eyes, nose and quickly cause lung problems. Longer exposure leads to light-headedness, giddiness and breathing in too much eventually causes you to pass out and die.

Most of us wore scarves underground; two to three foot lengths of a grey cottony material to soak up sweat as we worked. My basic safety training kicked in. We poured water over our scarves, squeezed them out, and wrapped them round our faces. They acted as a crude gas mask, soaking up some of the nitrous gas as we breathed. We climbed up, moving quickly with the fumes, until we got to a spot where we could duck down a small side tunnel and avoid the worst of the gas. After a few minutes the smoke began to clear and we walked back slowly to the shaft feeling slightly lucky to have gotten away unharmed, and steering clear of the return air way that carried the fumes out.

Later that day, after a heated phone call from the geology office, the shift boss responsible for that part of the mine was reminded about the proper procedures for notifying crews that blasting was about to take place. And as for me, I swore to myself I’d ask a few more questions the next time I saw a crew blowing Anfo into a drill hole. If I didn’t, my three years underground might be over a lot sooner. TNM — Ralph Rushton is a geologist and has worked in South Africa, Turkey, Bulgaria, Yemen, Iran and Pakistan.

He is currently the president of Aftermath Silver (TSXV: AAG; USOTC: AAGFF), a silver development company with projects in Chile and Peru. In his spare time, he writes about mining and exploration for his popular blog, urbancrows.com. He graduated with a geology degree from Portsmouth Polytechnic in the U.K., and completed a masters degree in geology at the University of Alberta researching the source of the placer gold in the Klondike.

Stay tuned for the second instalment of the story in our next issue.

n



GLOBAL MINING NEWS

THE NORTHERN MINER / FEBRUARY 15—28, 2021

17

PROFESSIONAL DIRECTORY ASSAYERS

Crone Geophysics

C.F. Mineral Research Ltd. Diamond Indicator Heavy Minerals Extraction • Precious and Base Metals Extraction • Electron Microprobe Precision Analyses • Diamond Indicator and Mineral Classification • Microdiamond Recovery and Characterisation • High Quality / Low Cost / Quick Turnaround •

TEL: 250-860-8525 FAX: 250-862-9435

Highest Precision Magnetometers in the World

Worldwide 3D Pulse-EM TDEM, 3D E-SCAN IP/Resistivity Surveys

INDEPENDENT SPECIALISTS IN HEAVY MINERAL GEOCHEMISTRY

1677 Powick Road Kelowna, B.C. Canada V1X 4L1

INSTRUMENTATION

GEOPHYSICS

— SERVING THE EXPLORATION SECTOR WORLDWIDE SINCE 1977 —

www.cronegeophysics.com

(905) 814-0100

3D Pulse-EM (Time-Domain EM) Borehole and Surface Surveys Coil, Fluxgate or SQUID Sensors High Power, Low noise Step Response

3D E-SCAN (IP/DC Res) Mapping Recon3D , Target3D , HiRes3D Any Topography, any Scale Immediate QC, daily Results Deep, Efficient, Safe

Offering the industry leading precision, absolute accuracy and sensitivity for Optically Pumped Potassium, Overhauser and Proton Precession Magnetometers/Gradiometers with new add-on or standalone VLF-EM systems for resistivity depth sections.

R

R

R

R

UAV - Airborne – Ground Solutions Visit the website or call for a QUOTE today

Leading the World of Magnetics since 1980

DRONEMag™

www.gemsystems.ca

CONSULTING

• info@gemsystems.ca • Tel: +1.905.752.2202 • +1.888.635.1829

1,800+ CLIENTS 8,000+ PROJECTS 30+ YEARS EXPERIENCE Evaluate

Develop

Improve

Sales and Rentals: Transform

amcconsultants.com

GEOLOGY | MINING ENGINEERING | GEOTECHNICAL | CONSULTING SERVICES

TERRAPLUS INC. 120 W. Beaver Creek Rd., Unit 15 Richmond Hill, ON, Canada L4B 1L2

Specialists in mining and exploration projects across all commodities and all stages of project development. csaglobal.com

Tel: Fax: E-mail: Website:

info@csaglobal.com

CORPORATE I MINING I RESOURCES I EXPLORATION I TECHNOLOGY I WATER

GEOLOGICAL & MINING CONSULTANTS

905.477.2800 | info@terraquest.ca terraquest.ca

FIXED WING AND HELICOPTER

Gradient Magnetics | Matrix Digital VLF-EM | Radiometrics | GT2A Gravity

• French • English • Spanish • Arabic 418-653-9559

Shotcrete - Concrete Paste Backfill

Integrity, Competence and Independence www.micon-international.com Vancouver

Norwich

www.sika.com/mining International Exploration & Mining Consultants Project generation, design, management Independent reporting|Geophysics|GIS

REMOTE SITE SERVICES

CONCRETE SOLUTIONS

www.goldmindsgeoservices.com

Toronto

(905) 764-5505 (905) 764-8093 sales@terraplus.ca www.terraplus.ca

Magnetometers/VLF Magnetic Susceptibility Conductivity Full Wave 2D/3D IP Borehole Logging TDEM and HLEM Gamma-Ray Spectrometers Infrared Spectrometers Resistivity (ERT) GPR Seismic

www.mphconsulting.com +1.416.365.0930

Mining Health, Safety, Security & Emergency Response Preparedness E Info@memhse.com W www.memsafetytraining.com

www.slrconsulting.com

• Canadian remote site service providers since 1945.

• Camp management, on site catering, hotel style housekeeping, janitorial and groundskeeping.

• Indigenous partnerships – Community Benefits • Excellent site safety record.

• Skills Training Programs Nobody knows Canada like Domco.. over 70 Years of Canadian experience

HEALTH & SAFETY

global leaders in environmental advisory solutions

Premier Canadian remote site service provider since 1945

www.domcofoodservices.com Toronto: (416) 449-7333 Vancouver: 604-692-2870 Montreal: 450-813-9229 Yellowknife: 867-766-4222 Sept-Iles: 418-962-2327

HSE gap analysis, incident root cause support & emergency response readiness.

SURVEYORS & CORE SYSTEMS Trusted Advisors to the Global Mineral Resource Industry

Since 1962

Call (416) 364-6244

wgm.ca

Geological and Mining Consultants

Geological and Mining Consultants I Since 1962

Published by: Published by:

To reserve space contact: JOE CROFTS: 416-510-6816

JEAN-LUC CORRIVEAU, Q.L.S., CLS

Toll free North America: 1-888-502-3456 (ext. 43729)

GYRO (Shaft plumbing), underground control, photogrammetric mapping (Airborne Lidar & photos by drone), borehole & bathymetric surveys Scanning of flooded cavities by sonar • Surface and underground inspections by drone

JCROFTS@NORTHERNMINER.COM

1085, 3rd Avenue West, Val-d’Or (Quebec) J9P 1T5 • Tel: (819) 825-3702 Fax: (819) 825-2863 • E-mail: bureau@corriveaujl.com • www.corriveaujl.com

LAND & MINING SURVEYORS – 3D SCANNING

Fax: 416-447-7658

MAKESENSE SENSEOF OF THE MINING INDUSTRY MAKE THE MINING INDUSTRY Mining Explained is a 164-page reference manual (written in layman’s language) that includes the following chapters: Trusted Advisors to the

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

Noww No ble lale aiab Avail Av ish Spanan ish ininSp

Order Your Order Your CopyToday!

Today!

Copy

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

18

WWW.NORTHERNMINER.COM

FEBRUARY 15—28, 2021 / THE NORTHERN MINER

M A R K E T N EWS TORONTO STOCK EXCHANGE / FEBRUARY 1 – 5 The S&P/TSX Composite Index jumped 4.61% to 18,135.90 during the Feb. 1-5 trading week.

The S&P/TSX Global Mining Index rose 3.29% to 104.10, and the S&P/TSX Global Base Metals Index soared 7.25% to 147.81. Spot gold fell US$32.90 per oz., or 1.78%, to US$1,815.20 per oz., and the S&P/TSX Global Gold Index rose by 1.01% to 306.59.

Turquoise Hill Resources climbed $1.89 to $15.99 per share. The company scored a temporary win in its ongoing dispute with Rio Tinto over the funding of the Oyu Tolgoi copper-gold-silver mine in Mongolia. The interim relief announced on Feb. 4 prevents Rio Tinto from restricting Turquoise Hill’s talks on funding and other matters with other Oyu Tolgoi stakeholders. Until further notice, Rio Tinto won’t be able to authorise re-profiling negotiations with lenders in a manner that would render Oyu Tolgoi LLC unable to execute an offering of bonds in 2021. Turquoise Hill, which is majority-owned by Rio Tinto, had expected underground expansion of the mine to cost US$5.3 billion when it was approved in 2015. Last year, stability risks associated with the original project design could, Rio Tinto said, increase costs by an additional US$1.9 billion. Rio Tinto said any remaining funding should be met through a Turquoise Hill

equity offering.

Shares of Barrick Gold decreased by 5¢ to $28.51 per share. The company reported that exploration and the conversion of resources to reserves has extended the operating life of its Tongon mine in Cote d’Ivoire by three years to 2023. Last year the mine produced (on a 100% basis) a total of 284,863 oz. of gold, which came in at the top end of Barrick’s production guidance of 240,000-260,000 ounces. The mine was built and commissioned during the country’s civil war and has since operated in an unstable socio-political environment, Barrick said. It has also been impacted by a mill fire, technical issues, and an erratic power grid.

“Despite all these challenges, Tongon has been consistently profitable and in 2020 again paid a TSX MOST ACTIVE ISSUES

Suncor Energy Kinross Gold Barrick Gold B2Gold Corp New Gold Nthn Dynasty Nexgen Energy Yamana Gold First Majestic NextSource Mat

SU K ABX BTO NGD NDM NXE YRI FR NEXT

VOLUME (000s) HIGH

WEEK LOW CLOSE CHANGE

70914 22.86 24746 9.34 20670 29.39 20229 6.51 18337 2.69 18214 1.07 17457 4.75 16623 6.40 15925 30.75 15837 0.15

21.07 22.06 + 0.67 8.81 9.28 + 0.35 27.54 28.51 - 0.05 6.22 6.43 + 0.11 2.17 2.35 - 0.07 0.75 0.81 + 0.08 3.57 4.71 + 1.10 5.94 6.26 + 0.29 19.24 21.07 - 2.00 0.09 0.15 + 0.06

US$150 million dividend to its shareholders,” Mark Bristow, Barrick’s president and chief executive, stated in a press release.

Newmont dropped 61¢ to $75.59 per share.

The company has launched the Newmont Global Center for Indigenous Community Relations.

Based at its offices in Vancouver, the center aims to serve as a resource for both Newmont and the greater mining industry to promote awareness, education, and engagement between industry

and Indigenous Peoples, the company said.

“Newmont recognizes the special connection between Indigenous Peoples and the land, and that mining can affect this connection in some challenging ways,” Tom Palmer, the company’s president and CEO, stated in a news release.

The center has identified three focus areas: partnership and learning network; respect for customs and culture; and opportunities for Indigenous Peoples. TNM TSX GREATEST VALUE CHANGE

TSX GREATEST PERCENTAGE CHANGE VOLUME (000s) HIGH

Century Global NextSource Mat Monarch Mining Novo Res Sulliden Mng SRHI Inc Nexgen Energy Goldgroup Mng UEX Corp Energy Fuels Yorbeau Res SolGold plc Treasury Metal Canagold Res New Pac Metals EurOmax Res Orvana Mnrls Orea Mining First Majestic Nickel Creek

CNT NEXT GBAR NVO SMC SRHI NXE GGA UEX EFR YRB SOLG TML CCM NUAG EOX ORV OREA FR NCP

VOLUME (000s)

WEEK LOW CLOSE CHANGE

70 0.28 0.00 15837 0.15 0.09 4010 1.19 0.80 2748 3.22 2.20 11722 0.15 0.08 361 0.57 0.45 17457 4.75 3.57 1936 0.05 0.04 10987 0.33 0.25 4570 6.32 4.78 3457 0.06 0.05 748 0.54 0.39 1060 1.31 1.01 367 0.68 0.55 1153 9.02 7.07 571 0.10 0.06 308 0.33 0.27 1992 0.17 0.14 15925 30.75 19.24 5435 0.13 0.11

0.24 0.15 1.16 3.22 0.12 0.57 4.71 0.05 0.32 6.22 0.05 0.44 1.06 0.58 7.33 0.09 0.28 0.15 21.07 0.11

+ + + + + + + + + + -

71.4 61.1 45.0 42.5 41.2 32.6 30.5 28.6 28.0 27.5 18.2 17.9 17.2 14.7 13.8 10.0 9.7 9.4 8.7 8.3

Nutrien First Quantum Franco-Nevada Eldorado Gold Cameco Corp Labrador IOR Turquoise HIl Nexa Resources Gatos Silver Energy Fuels First Majestic MAG Silver New Pac Metals Wheaton Prec M Wesdome Gold Newmont Corp SSR Mining Seabridge Gld Pan Am Silver Midas Gold

NTR FM FNV ELD CCO LIF TRQ NEXA GATO EFR FR MAG NUAG WPM WDO NGT SSRM SEA PAAS MAX

5538 12638 2224 4339 10045 1437 1063 2 370 4570 15925 2703 1153 6079 2430 656 3944 414 4529 299

WEEK CLOSE

68.40 23.80 154.61 16.52 17.88 33.80 15.99 12.71 18.27 6.22 21.07 23.22 7.33 51.87 9.13 75.59 21.99 24.29 40.90 9.38

CHANGE

+ + + + + + + + + + -

5.42 2.50 2.28 2.17 1.97 1.95 1.89 1.59 1.44 1.34 2.00 1.75 1.17 0.65 0.63 0.61 0.49 0.48 0.47 0.32

TSX VENTURE EXCHANGE / FEBRUARY 1 – 5 The S&P/TSX Venture Composite Index soared 10.91% to finish the trading week at 1,022.64. Spot gold fell US$32.90 per oz., or 1.78%, to US$1,815.20 per ounce.

Eskay Mining climbed 60¢ to $3.00 per share. The company announced it is acquiring a 19.5% stake in Garibaldi Resources from the Sprott Foundation. Under the agreement, Eskay will acquire 23.7 million common shares of Garibaldi Resources valued at $10.78 million in exchange for 4.2 million working capital units of Eskay Mining at a price of $2.56 per unit. Each unit consists of one common share of Eskay and one common share purchase warrant. Garibaldi Resources has assets in British Columbia and Mexico.

Shares of Fabled Silver Gold rose 12¢ to 30¢.

The company reported assay results from the second diamond drill hole of an 8,000-metre drill program at its Santa Maria property in Parral, Mexico. Drillhole SM20-002 intersected 6 metres grading 323.88 grams silver per tonne and 0.54 gram gold per tonne starting from 150.4 metres, including 3.3 metres of 561.2 grams silver and 0.9 gram gold from 151 metres. The company has completed five holes for a total of 1,414 metres.

O3 Mining dropped 23¢ to $2.81 per share.

The company has discovered a new zone at its Marban project in Val-d’Or, Quebec. The new zone called Golden Bridge covers an area of 175 metres by 100 metres starting from 175 metres below surface and remains open at depth, up-dip, and to the west, the company said. Two drill holes intersected the zone, O3MA-20-012, which cut 9.7 metres of 1.2 grams gold per tonne from 185.8 metres, and O3MA-02-015, which returned 5.4 metres of 2 grams gold from 205.8 metres. O3 Mining said the new zone offers the potential to generate a new open-pit resource, 200 metres northwest of the Norlartic deposit. Drilling has also exTSX-V MOST ACTIVE ISSUES VOLUME (000s) HIGH

Arena Min Global Battery QMX Gold Fabled Silver Leeta Gold Pantheon Vent Silver Spruce Medgold Res Goldcore Res First Cobalt

AN GBML QMX FCO HIVE MVY SSE MED GEM FCC

48492 32244 23618 23437 20962 19094 17241 16462 15471 14215

0.27 1.29 0.31 0.31 2.92 0.55 0.10 0.11 0.52 0.37

WEEK LOW CLOSE CHANGE

0.04 0.23 0.28 0.20 2.30 0.32 0.06 0.07 0.12 0.28

0.19 0.96 0.31 0.30 2.80 0.37 0.06 0.08 0.41 0.35

+ + + + + + + + +

0.16 0.74 0.04 0.12 0.39 0.05 0.01 0.01 0.28 0.07

panded near-surface mineralisation outside of the Kierens deposit, with hole O3MA-20-028 cutting 6.3 metres of 1.5 grams gold from 49.8 metres. The company’s 2020-2021 drill program consists of drilling 50,000 metres to test extensions to deposits and zones outside of the resource areas outlined in a preliminary

economic assessment (PEA) released last September. The PEA was based on 54.2 million measured and indicated tonnes grading 1.1 grams gold per tonne for 1.9 million oz. contained gold and inferred resources of 13.2 million tonnes of 1.44 grams gold for 610,827 oz. of gold. TNM

TSX-V GREATEST VALUE CHANGE

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

Arena Min Global Battery Goldcore Res Red Moon Res Gratomic Pacific Silk Gold Finder Ex Diamond Fields Athabasca Min Fabled Silver Archon Mineral Blue River Res Hanna Capital Pure Energy Quartz Mtn Res Castle Peak Mg Uravan Mnrls Metals Creek Murchison Min Tembo Gold

AN GBML GEM RMK GRAT PP VENZ DFR AMI FCO ACS BXR HCC PE QZM CAP UVN MEK MUR TEM

48492 32244 15471 2307 13145 1794 11974 2230 1365 23437 60 2128 291 568 13 787 1869 4318 717 1066

0.27 1.29 0.52 0.35 0.89 0.06 0.15 0.45 0.30 0.31 0.22 0.02 0.10 1.94 0.22 0.02 0.04 0.13 0.11 0.18

VOLUME (000s)

WEEK LOW CLOSE CHANGE

0.04 0.23 0.12 0.12 0.46 0.03 0.08 0.15 0.00 0.20 0.00 0.01 0.00 1.25 0.00 0.02 0.03 0.09 0.08 0.13

0.19 0.96 0.41 0.32 0.87 0.06 0.15 0.25 0.30 0.30 0.22 0.01 0.08 1.31 0.16 0.02 0.03 0.10 0.08 0.13

+ 442.9 + 326.7 + 224.0 + 156.0 + 95.5 + 83.3 + 76.5 + 75.0 + 71.4 + 68.6 - 46.3 - 33.3 - 31.8 - 31.1 - 25.6 - 25.0 - 25.0 - 24.0 - 23.8 - 23.5

Universal Vent American Lith E3 Metals Metalore Res Global Battery Callinex Mines Sigma Lithium Eskay Mng Neo Lithium Graphite One Tanqueray Expl Metalla Rylty Whitehorse GC Pure Energy Cornerstone Ca Network Expl Cypress Dev O3 Mining Gold X Mining Kanadario Gold

MCLD LI ETMC MET GBML CNX SGMA ESK NLC GPH IPA MTA WHG PE CGP YNV CYP OIII GLDX GMIN

WEEK CLOSE

1170 3.10 13599 2.85 4388 3.17 5 3.50 32244 0.96 413 4.49 285 4.80 4894 3.00 3670 3.14 1456 1.49 602 19.39 235 13.12 161 2.85 568 1.31 192 4.70 1178 1.60 2113 1.34 167 2.81 486 2.74 351 1.26

CHANGE

+ + + + + + + + + + -

0.98 0.93 0.87 0.83 0.74 0.70 0.68 0.60 0.58 0.51 2.12 0.73 0.68 0.59 0.30 0.25 0.24 0.23 0.20 0.19

U.S. MARKETS / FEBRUARY 1 – 5 The Dow Jones Industrial Average climbed 3.89% to finish the week at 31,148.24 and the S&P 500 advanced 0.02% to 3,841.47. Spot gold fell US$32.90 per oz., or 1.78%, to US$1,815.20 per ounce.

Freeport-McMoRan jumped US$4.82 to US$31.73 per share. Reuters reported on Feb. 5 that Freeport may only have to finance 7.5% of the US$2.8 billion copper smelter it is building in Indonesia with China’s Tsingshan Holding Group, the world’s largest stainless steel producer. In June last year, the Indonesian government requested that Freeport build a copper smelter in Weda Bay in eastern Indonesia as it seeks to build an integrated smelting hub there. Most of the smelter’s financing will be borne by Tsingshan, Indonesia’s deputy head for investment and mining coordination Septian Hario Seto told Reuters. Seto said the negotiations are slated to conclude by the end of March.

Shares of Sibanye-Stillwater increased by US$1.98 to US$16.85 per share. The company reported that it has received responsible sourcing accreditation from the London Platinum and Palladium Market (LPPM) for its platinum

group metals refinery facility in South Africa, about 2 km southeast of Johannesburg. The LPPM certifies Sibanye-Stillwater’s responsible platinum and palladium sourcing and “confirms the high governance standards of our processes and is aligned with our strategic pillar to embed ESG excellence as the way we do business,” CEO Neal Froneman stated in a Feb. 2 news release.

McEwen Mining fell US6¢ to US$1.14 per share. The company announced an offering of 30 million common shares at a price of US$1.05 per share. The offering to existing and new institutional shareholders announced on Feb. 5 will complete the funding required U.S. MOST ACTIVE ISSUES VOLUME (000s)

Vale* United States S* Hecla Mining* First Majestic* Freeport McMoR* McEwen Mng* Barrick Gold* Kinross Gold* Yamana Gold* Suncor Energy*

VALE X HL AG FCX MUX GOLD KGC AUY SU

150780 139076 126805 124694 109590 96336 86422 74198 74094 68630

HIGH

17.32 18.43 8.45 24.01 31.90 1.60 22.97 7.30 4.98 17.79

WEEK LOW CLOSE CHANGE

16.21 16.13 5.23 15.01 27.42 1.09 21.48 6.85 4.63 16.40

17.26 16.55 6.12 16.50 31.73 1.14 22.33 7.24 4.90 17.26

+ + + + + +

1.11 1.21 0.43 1.62 4.82 0.07 0.04 0.26 0.24 0.53

to bring the Froome deposit into production at its Fox complex in Timmins, the company said. Development of underground access to the deposit is underway and ahead of schedule, and first ore is expected later this quarter.

Commercial production at Froome is slated to begin in the fourth quarter of the year. The

company is also working on a PEA to expand the mine life at Fox from its current four years to ten years, and boost production from 30,000 oz. to 40,000 oz. a year to 100,000-150,000 oz. annually. Separately, the company announced consolidated production guidance for 2021 of 141,000-160,000 gold equivalent ounces. TNM U.S. GREATEST VALUE CHANGE

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

Freeport McMoR* Intrepid Pots* Alcoa* Trecora Res* Eldorado Gold* Turquoise HIl* Sibanye-Stillw* Natural Res Pt* Cameco Corp* CONSOL Energy* First Majestic* United States S* Peabody Enrgy* McEwen Mng* Harmony Gold* Fortuna Silvr* Osisko Gold* Seabridge Gld* AngloGold Ash* Wheaton Prec M*

FCX IPI AA TREC EGO TRQ SBSW NRP CCJ CEIX AG X BTU MUX HMY FSM OR SA AU WPM

109590 962 37481 405 18191 2585 12546 115 49679 2021 124694 139076 21892 96336 24619 34160 6221 2154 16162 19479

31.90 28.90 20.98 7.35 12.98 12.62 16.85 18.16 15.16 9.76 24.01 18.43 4.63 1.60 4.63 9.85 11.74 20.40 23.96 46.61

VOLUME (000s)

WEEK LOW CLOSE CHANGE

27.42 23.08 17.78 6.26 11.04 11.30 15.35 15.57 12.49 8.06 15.01 16.13 3.27 1.09 4.10 6.94 10.67 18.42 21.94 39.19

31.73 26.61 20.95 7.31 12.96 12.56 16.85 17.61 14.00 9.14 16.50 16.55 3.57 1.14 4.32 7.60 10.98 19.03 23.05 40.64

+ + + + + + + + + + -

17.9 17.1 16.4 15.8 15.6 14.2 13.3 12.8 12.7 12.6 8.9 6.8 6.8 5.8 2.9 2.3 2.0 2.0 1.7 1.0

MartinMarietta* MLM Southern Copp* SCCO Freeport McMoR* FCX Nutrien* NTR Chevron Corp* CVX Intrepid Pots* IPI Alcoa* AA Black Hills* BKH Rio Tinto* RIO Natural Res Pt* NRP First Majestic* AG United States S* X Wheaton Prec M* WPM AngloGold Ash* AU Seabridge Gld* SA Newmont Corp* NEM Peabody Enrgy* BTU Osisko Gold* OR Fortuna Silvr* FSM Harmony Gold* HMY

2069 5061 109590 7235 42437 962 37481 1485 7988 115 124694 139076 19479 16162 2154 41890 21892 6221 34160 24619

WEEK CLOSE

CHANGE

297.60 71.46 31.73 53.56 89.26 26.61 20.95 61.93 78.48 17.61 16.50 16.55 40.64 23.05 19.03 59.30 3.57 10.98 7.60 4.32

+ 10.19 + 5.05 + 4.82 + 4.39 + 4.06 + 3.88 + 2.95 + 2.81 + 2.06 + 2.00 - 1.62 - 1.21 - 0.43 - 0.41 - 0.38 - 0.30 - 0.26 - 0.22 - 0.18 - 0.13

GLOBAL MINING NEWS

THE NORTHERN MINER / FEBRUARY 15—28, 2021

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 PRODUCER AND DEALER PRICES

LME WAREHOUSE LEVELS

Coal: Central Appalachia, 12,500 Btu, 1.2 S02-R,W: US$54.00 Coal: Powder River Basin, 8,800 Btu, 0.8 S02-R, W: US$11.35 Cobalt: US$20.50/lb.

Copper: US$3.60/lb.

Copper: CME Group Futures March 2021: US$3.70/lb.; April 2021: US$3.70/lb Iridium: NY Dealer Mid-mkt US$4,200.00/tr oz.

Iron Ore 62% Fe CFR China-S: US$155.90 Lead: US$0.92/lb.

Phosphate Rock: US$86.00/tonne Potash: US$226.00/tonne Rhodium: Mid-mkt US$21,800.00 tr. oz.

Ruthenium: Mid-mkt US$320.00/tr. oz.

Silver: Handy & Harman Base: US$26.96 per oz.; Handy & Harman Fabricated: US$33.70 per oz.

Tin: US$10.88/lb.

Uranium: U3O8, Trade Tech spot price: US$29.75 per lb. U308 Zinc: US$1.20/lb.

Prices current Feb. 8, 2021

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb 04 2020 (change from Jan 28, 2020 in brackets): Aluminium Alloy 1560 (-280) Aluminium 1415125 (-9050) Copper 74500 (-1750) Lead 93775 (-10375) Nickel 249030 (+144) Tin 810 (-70) Zinc 290800 (-3000)

TSX SHORT POSITIONS Short positions outstanding as of Jan 15, 2021 (with changes from Dec 31, 2020) Largest short positions Suncor Energy SU 18426552 5820109 New Gold NGD 17373912 -1410591 Nexgen Energy NXE 14593433 168504 Premier Gold M PG 11519460 400197 Fortuna Silvr FVI 9390697 642822 Barrick Gold ABX 9172852 922514 Kinross Gold K 9143261 339793 Wheaton Prec M WPM 8723667 713322 Argonaut Gold AR 8690370 -801139 Ivanhoe Mines IVN 8581648 525638 First Quantum FM 8455734 1010576 Nevada Copper NCU 8157496 1328294 Equinox Gold EQX 7619630 264129 Lundin Mng LUN 7508231 -467528 Endeavr Silver EDR 6725581 -7670 Largest increase in short position Suncor Energy SU 18426552 5820109 Ur-Energy URE 2860959 1893126 Nevada Copper NCU 8157496 1328294 Yamana Gold YRI 5658006 1074381 Nutrien NTR 4582901 1043227 Largest decrease in short position Arizona Gold AZG 71754 -1781367 OceanaGold OGC 4630769 -1723199 New Gold NGD 17373912 -1410591 TMAC Resources TMR 124625 -1357214 B2Gold Corp BTO 2626498 -915993

Short positions outstanding as of Jan 15, 2021 (with changes from Dec 31, 2020) Largest short positions Golden Secret TBRD 4089649 4039869 Network Expl YNV 3664417 3576445 Libero Copper LBC 3435138 3369677 First Cobalt FCC 2485292 1374697 Discovery Met DSV 2218731 7638 NuLegacy Gold NUG 1834886 932685 Uragold Bay Rs HPQ 1702469 -565275 Saint Jean SJL 1552002 1170179 Fuse Cobalt FUSE 1551997 1328533 Nouveau Monde NOU 1328870 892679 Vision Lithium VLI 1222067 80640 Dolly Vard Sil DV 1120370 -179945 Gratomic GRAT 1119691 31317 Strikepoint Gd SKP 1069393 867935 American Lith LI 1056106 837405 Largest increase in short position Golden Secret TBRD 4089649 4039869 Network Expl YNV 3664417 3576445 Libero Copper LBC 3435138 3369677 First Cobalt FCC 2485292 1374697 Fuse Cobalt FUSE 1551997 1328533 Largest decrease in short position AbraPlata Res ABRA 299550 -6923759 Manitou Gold MTU 4835 -1877019 CMC Metals CMB 126624 -1645226 Pure Gold Mg PGM 621131 -1491743 ZEN Graphene ZEN 237096 -1438058

12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020

PRECIOUS METAL PRICES (London fix, LBMA silver price, US$ per troy oz.)

Gold AM 1808.55 1811.55 1834.70 Gold PM 1802.95 1785.90 1835.45 Silver 26.53 26.40 26.80 Platinum 1121.00 1084.00 1103.00 Palladium 2338.00 2258.00 2260.00

12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020 12/31/2020

1847.10 1833.10 27.33 1102.00 2258.00

Feb 01 1965.50/1960 1985.50/1982.50 7827/7823 2024.50/2035.50 17807/17855 24325/22984 2548.50/2573.50

1857.80 1862.95 29.59 1118.00 2266.00

EXCHANGE RATES Feb 04 1.2824 0.7798

Feb 03 1.2785 0.7822

Feb 02 1.2786 0.7821

Exchange rates (Quote Media, February 05, 2021) C$ to AUS C$ to EURO C$ to YEN 1.0217 0.6507 82.6169 C$ to UK Pound C$ to China Yuan C$ to India Rupee 0.5704 5.0716 57.1062 US to AUS US to EURO US to YEN 1.3026 0.8300 105.3555 US to UK Pound US to China Yuan US to India Rupee 0.7280 6.4667 72.7883

Feb 01 1.2849 0.7783

C$ to Mex Peso 15.7466 C$ to Swiss Franc 0.7045 US to Mex Peso 20.0991 US to Swiss Franc 0.8990

C$ to SA Rand 11.6344 C$ to S. Korea Won 876.0089 US to SA Rand 14.8390 US to S. Korea Won 1117.7500

CANADIAN GOLD MUTUAL FUNDS FundName Feb 05 ($) BMO Prec Mtls Fd A 25.86 BMO ZGD 75.20 BMO ZJG 72.01 CIBC Prec Metal Fd A 15.15 Dyn Prec Metls Fd A 13.12 Harvest HGGG 29.34 Horizons HEP 31.11 IG MacGbPreMetCl A 15.85 iShares XGD 19.14 Mac Prec Met Cl A 76.28 NBI PrecMetFd Invt 20.31 NPT Go&PrMinFd A 57.15 NPT SilverEquCl A 10.71 RBC GblPreMetFd A 60.49 RBC GblPreMetFd Adv 60.92 Sentry Pre Met Fd A 56.37 TD Prec Mtl Fd Inv 49.29

Jan 29 ($) 25.58 73.99 70.73 14.98 13.05 29.30 30.92 15.70 18.95 75.55 20.24 56.80 10.64 59.85 60.26 56.57 49.05

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

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

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

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

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

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

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

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

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

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

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

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

$3.00 per share.

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

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

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

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

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

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

JDL Gold Corp. (JDL.WT) - Wt buy sh @ $3.00 to Oct 06/21 Kootenay Silver Inc. (KTN.WT) - Wt buys sh @ $0.55 to Apr 21/21 LaSalle Exploration Corp. (LSX.WT) - One warrant to purchase one common share at $0.15 per share.

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

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

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

Maple Gold Mines Ltd. (MGM.WT) - One warrant to purchase one common share at $0.40 per share

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

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

Sherritt International Corporation (S.WT) Each whole Warrant entitles the holder to acquire between 1.00 and 1.25 additional common shares (as bulletin 2018-0062 table ) determined based on the Applicable Reference Cobalt Price at an exercise price of $1.95 per Warrant at any time prior to the Expiry Date Sprott Resource Corp (SRHI.WT) - Wt buys sh @ $0.3333 to Feb 09/22 Trevali Mining Corporation (TV.WT) - One Warrant to purchase one common share of the Issuer at $0.23 until expiry.

TSX VENTURE WARRANTS

DAILY METAL PRICES

Feb 05 1.2751 0.7840

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

Northern Dynasty Minerals Ltd. J (NDM. WT.B) - Wt buys sh @ $0.55 to Jun 10/21 Northern Dynasty Minerals Ltd. J (NDM. WT.B) - Wt buys sh @ $0.55 to Jun 10/21 Osisko Gold Royalties (OR.WT) - Wt buys sh @ $36.5 to Feb 18/22

TSX VENTURE SHORT POSITIONS

Daily Metal Prices Date Feb 05 Feb 04 Feb 03 Feb 02 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1940/1970 1980/1976.50 1984/1980 19665/1960 Aluminum 2007.50/2012 1979.50/1984 1973/1972 1958/1962.50 Copper 7936.50/7928.50 7833.50/7829.50 7832.50/7821 7755.50/7747.50 Lead 2030.50/2045.50 2010/2024 2008/2022 2008.50/2022 Nickel 17954/17995 17535/17590 17623/17663 17756/17807 Tin 23985/23035 24240/22850 24600/22915 25000/23250 Zinc 2636.50/2655.50 2600/2621 2585/2607.50 2539/2562.50

Date US$ in C$ C$ in US$

TSX WARRANTS Alio Gold Inc. (ALO.WT) - 10 Warrants to purchase one common share of the Issuer at $7.00 until expiry Alio Gold Inc. J (ALO.WT.A) - One Warrant to purchase one common share of the Issuer at $8.00 until expiry Ascendant Resources (ASND.WT) - Wt buys sh @ $1.25 to Mar 7/22 eCobalt Solutions Inc. J (ECS.WT) - One Warrant to purchase one common share of the Issuer at US$1.95 per share until expiry Excellon Resources Inc (EXN.WT.A) - One warrant to purchase one common share of the Issuer at $2.80 until expiry Excellon Resources Inc. (EXN.WT) - One Warrant to purchase one common share of the issuer at $1.40 per share until expiry Gran Colombia Gold (GCM.WT.B) - One warrant to purchase one common share of the Issuer at $2.21 until expiry.

Karora Resources Inc. (KRR.WT) - One Warrant to purchase one common share of the Issuer at $0.50 until expiry.

Change ($) 0.27 1.21 1.28 0.17 0.08 0.04 0.19 0.15 0.19 0.73 0.07 0.35 0.08 0.65 0.65 -0.20 0.24

Change (%) 1.07 1.64 1.81 1.13 0.58 0.13 0.61 0.95 1.00 0.97 0.35 0.62 0.71 1.08 1.08 -0.36 0.49

YTDChange (%) 18.61 34.04 24.49 25.01 53.96 28.99 15.05 42.89 21.30 44.33 27.66 53.05 70.96 41.56 41.54 49.87 19.61

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

TotalAssets (M$) 60.44 345.86 105.70 66.10 688.05 9.31 36.63 1260.45 80.01 35.35

529.35 2.78 385.75 149.64

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

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

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

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

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

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

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

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

Trek Mining (TREK.WT) - Wt buy sh @ $3.00 to Oct 06/21 Ucore Rare Metals Inc. (UCU.RT) - One (1) right exercisable for one share at $4.00 per share.

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

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

NORTH AMERICAN STOCK EXCHANGE INDICES 52-week

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

Feb 05 18135.90 1022.64 1073.65 306.59 270.15

Feb 04 18041.97 998.14 1068.98 300.51 270.15

Feb 03 17915.91 978.94 1060.75 305.25 275.14

Feb 02 17874.49 963.41 1059.25 305.15 275.25

Feb 01 17692.45 960.84 1044.68 312.73 284.58

High 18159.20 1034.95 1075.00 416.84 359.81

Low 11172.73 330.65 683.81 173.42 140.55

NEW 52-WEEK HIGHS AND LOWS FEBRUARY 1-5, 2021 Cliffmont Res Clydesdale Res Coeur Mng* Commerce Res* Comstock Mng* Crown Mining Crown Mining* Damara Gold* Diamond Fields Diamond Fields* Dolat Ventures* Doubleview Gld* E3 Metals E3 Metals* Earl Res EastCoal Inc Edgewater Expl Edgewater Expl* Eloro Res Eloro Res* Endeavr Silver Endeavr Silver* Endurance Gold Endurance Gold* Energy Fuels Energy Fuels* Eskay Mng Eskay Mng* European Elect* Excellon Res* Fabled Silver Far Res Far Res* First Majestic First Majestic* Focus Graphite Focus Graphite* Fortuna Silvr Fortuna Silvr* Fortune Mnrls* Four Nines Fox River Res Fox River Res* Gatos Silver Gatos Silver*

247 New Highs Altair Res Inc* Altan Rio Min Altura Mining* Alturas Min Altus Strat American CuMo American Lith American Lith* Arbor Metals Arena Min Arena Min* Argentum Silvr Argentum Silvr* Atalaya Mining Athena Silver* Aurora Royal Auxico Res Auxico Res* Avino Silver Avino Silver* Aya Gold* Bird River Res Black Mountain Blue Sky Uran Blue Sky Uran* Borneo Res Inv* Cache Explor Callinex Mines Callinex Mines* Cameco Corp Cameco Corp* Cameo Cobalt* Canada Silver Canada Silver* Canadian Metal Candelaria Mg* CaNickel Mng CaNickel Mng* Capstone Mng Cardero Res Century Cobalt* Ceylon Graph China Gold Int Clarity Gold

Geomega Res Global Battery Global Battery* Global Li-Ion* Globex Mng Globex Mng* GNCC Capital* GoGold Res Golcap Res Goldbelt Emp Goldblock Cap Goldcore Res Golden Mnls Golden Mnls* Golden Star* GoviEx Uranium GoviEx Uranium* Graphite One Graphite One* Gratomic Grenville Gold GT Gold GT Gold * Harfang Explor Hecla Mining* HFX Holding HiHo Silver Iconic Mnls Iconic Mnls * iMetal Res* Infrastructure* Intact Gold* Intl Battery Intl Millm Mng Intrepid Pots* Itafos Itafos* Jaguar Mng Jourdan Res Jupiter Gold* K92 Mining K92 Mining* KAT Expl* King Global* Kutcho Copper *

KWG Res* Laredo Res* Lasalle Explor* Lepanto Con Mg* MAG Silver Magnum Goldco Makena Res* Mandalay Res Mandalay Res* Mas Gold Mason Graphite Mason Graphite* McEwen Mng* MDN Inc* Medgold Res Medgold Res* Mega Uranium Mega Uranium* Metals X* Mineral Res* MineralRite* Monarch Mining New Destiny Mg* New Energy Met New Pac Metals New World Res* Nexa Resources Nexa Resources* Nexgen Energy Nexgen Energy* NextSource Mat Norseman Silv North Bay Res * North Peak Res* Northisle C&G Nrthn Graphite Nrthn Graphite* Nrthn Lion Nuinsco Res Oakley Vent Oceanus Res* Odyssey Res Opawica Expl Opawica Expl* OrganiMax

OrganiMax* Pacific Silk Pan Andean Min* Pantheon Vent Pasinex Res Pershing Res* PJX Res Plateau Energy Plateau Energy* Prime Meridian Prime Mining Prime Mining* Prog Planet* Prospero Silvr Quantum Cobalt Red Moon Res Rio Silver Rio Silver* Royal Gold* Royal Mines &M* Santacruz Silv Sarissa Res* Scotch Creek Sigma Lithium Silver Bull Re Silver Bull Re* Silver Eleph* Silver One Silver One* Silver Range* Silver Wolf Silver Wolf* Silverore Mns* Southern Copp* Spearmint Res Spearmint Res* St-Georges Eco St-Georges Eco* St. James Gold St. James Gold* Stans Energy* Stevens Gold Stevens Gold* Strongbow Expl Strongbow Expl*

Sulliden Mng Surge Explor Tearlach Res Thor Expl* Tinka Res Tinka Res* Tocvan Venture Trecora Res* Tres-Or Res* TVI Pacific* UC Res* UEX Corp Uranium Roylty Uranium Roylty* USCorp* Val-d’Or Mg* Vertical Expl Vertical Expl* Virginia Enrgy* Vulcan Mnrls* White Metal R* White Metal Rs Zadar Ventures*

19 New Lows Archon Mineral* Awale Res Bold Ventures* Engineer Gold* Engold Mines Golden Indepen Hawkeye Gld&Di* Inflection Res Kenorland Min Mansa Explor Mineworx Tech Mineworx Tech* Pan Andean Min* Prismo Metals Snowy Owl Standard Uran* Superior Mng Tarachi Gold* Tempus Res

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

GLOBAL MINING NEWS · SINCE 1915

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

LEGEND A – Australian Securities Exchange

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

C – Canadian Stock Exchange

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.

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.$

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

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

20

WWW.NORTHERNMINER.COM

FEBRUARY 15—28, 2021 / THE NORTHERN MINER

S T O C K TA B L E S

MINING STOCKS listed on CANADIAN and U.S. EXCHANGES TRADING: FEBRUARY 1–5, 2021 (100s) Stock

Exc Volume

Week High

Low

Last

12-month Change

High Low

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

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

760 226 567 22 432 273 1059 349 331 1358 1641 322 927 2 6 4655 7006 47 382 546 4243 965 361 263 392 9 2255 108 6 86 10 3002 3530 6822 29 44 342 131 4493 18010 37481 64 3 10791 12643 3651 1903 1692 411 280 543 47 5356 88017 2169 188 143 276 172 13 122 4893 3632 3014 8400 252 42 25 496 1836 343 262 214 66 3 351 155 1550 22 370 2738 5 21 99 1601 197 266 350 1905 317 1690 1616 83 403 1909 1558 1695 16600 13599 5224 4420 1102 170 3993 10635 579 658 169 489 44 40 318 417 75 156 437 1383 7 299 340 405 51 1782 7 0 16162 1355 41 130 221 279 75 392 4 4 471 881 1050 8220 611 1060 157 1409 0 60 43 1690 599 11584 27 917 1103 170 1185 48492 933 1495 96 804 50 461 479 30 826 3563 286 208 403 128 300 985 943

0.06 0.41 0.52 0.17 0.11 0.07 0.09 0.10 0.13 0.16 0.13 0.06 0.08 19.19 25.00 0.44 0.56 0.10 0.07 0.09 0.02 0.12 1.09 0.77 0.98 0.15 0.17 0.15 0.14 0.01 0.00 1.28 92.24 72.19 0.13 0.34 0.47 0.37 10.63 8.34 20.98 0.60 0.46 0.83 3.42 4.38 0.22 0.17 0.02 0.31 0.24 0.23 6.42 1.20 1.52 0.20 0.26 0.82 0.63 0.05 0.06 0.90 1.16 0.41 0.52 0.07 0.06 0.03 0.04 0.24 0.17 0.03 0.21 0.35 0.28 15.40 12.00 0.15 0.10 0.50 0.04 1.17 1.53 5.21 0.08 0.06 0.06 0.00 0.07 0.06 0.31 0.24 0.02 0.22 0.29 0.10 0.07 2.43 3.11 0.94 1.19 0.17 0.04 4.03 3.21 0.78 0.63 2.65 3.44 0.06 0.15 0.46 0.58 0.01 0.01 0.09 0.11 0.03 0.03 0.05 0.06 35.11 17.33 2.65 0.00 23.96 0.40 0.51 0.67 0.04 0.05 0.16 0.23 20.63 0.45 0.57 0.51 0.41 0.07 0.08 0.11 2.38 51.98 0.24 0.22 0.04 0.06 0.02 0.02 0.03 0.04 0.13 0.09 0.21 0.27 0.58 0.47 0.10 0.12 0.27 0.35 0.23 0.17 1.99 2.42 0.28 0.22 2.82 2.20 0.12 0.15 1.07

0.05 0.34 0.43 0.16 0.09 0.06 0.08 0.08 0.11 0.14 0.10 0.05 0.07 0.00 24.20 0.30 0.39 0.00 0.05 0.08 0.01 0.09 0.92 0.72 0.92 0.12 0.16 0.11 0.14 0.00 0.00 0.90 85.45 66.65 0.00 0.22 0.27 0.30 9.79 7.62 17.78 0.50 0.00 0.40 2.75 3.53 0.16 0.12 0.01 0.27 0.21 0.23 5.28 0.70 0.90 0.15 0.21 0.76 0.60 0.04 0.00 0.70 0.90 0.35 0.45 0.07 0.06 0.03 0.03 0.19 0.15 0.03 0.18 0.31 0.28 14.47 11.25 0.11 0.10 0.00 0.02 0.00 0.00 4.95 0.07 0.05 0.05 0.00 0.06 0.05 0.28 0.22 0.00 0.19 0.24 0.07 0.05 1.52 1.97 0.73 0.95 0.14 0.02 3.23 2.52 0.68 0.55 2.30 2.99 0.05 0.00 0.42 0.53 0.01 0.00 0.08 0.10 0.02 0.03 0.05 0.06 33.00 16.34 2.34 0.00 21.94 0.37 0.00 0.54 0.03 0.00 0.16 0.17 0.00 0.39 0.49 0.43 0.33 0.04 0.07 0.10 2.20 46.62 0.00 0.00 0.03 0.05 0.01 0.01 0.03 0.03 0.10 0.08 0.03 0.04 0.52 0.41 0.07 0.10 0.19 0.22 0.19 0.00 1.76 2.26 0.25 0.19 2.33 1.80 0.10 0.13 0.90

0.06 0.40 0.51 0.16 0.10 0.06 0.08 0.10 0.12 0.16 0.13 0.05 0.08 19.19 24.51 0.34 0.43 0.09 0.06 0.08 0.01 0.11 0.93 0.72 0.92 0.12 0.16 0.13 0.14 0.01 14.75 0.97 90.50 70.99 0.00 0.34 0.41 0.33 10.21 8.00 20.95 0.52 0.44 0.80 2.90 3.70 0.16 0.13 0.02 0.28 0.22 0.23 6.30 0.75 0.96 0.17 0.22 0.77 0.60 0.04 0.05 0.85 1.08 0.39 0.50 0.07 0.06 0.03 0.04 0.24 0.17 0.03 0.20 0.35 0.28 15.25 11.89 0.14 0.10 0.01 0.03 1.17 1.53 5.18 0.07 0.06 0.05 0.00 0.07 0.06 0.30 0.23 0.01 0.22 0.28 0.08 0.06 2.24 2.85 0.89 1.14 0.16 0.04 3.39 2.67 0.74 0.59 2.49 3.16 0.06 0.14 0.44 0.56 0.01 0.01 0.08 0.10 0.02 0.03 0.05 0.06 34.33 17.19 2.40 22.08 23.05 0.40 0.51 0.67 0.04 0.05 0.16 0.20 20.32 0.40 0.50 0.51 0.40 0.06 0.08 0.11 2.30 49.41 0.24 0.22 0.04 0.06 0.01 0.02 0.03 0.04 0.11 0.09 0.15 0.19 0.55 0.43 0.08 0.11 0.19 0.22 0.19 0.15 1.84 2.37 0.28 0.22 2.65 2.20 0.11 0.14 1.00

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

0.01 0.05 0.06 0.01 0.00 0.00 0.00 0.01 0.01 0.02 0.02 0.00 0.01 0.09 0.01 0.01 0.01 0.01 0.01 0.01 0.00 0.03 0.02 0.03 0.02 0.02 0.01 0.00 0.00 0.00 0.00 0.01 1.23 1.14 0.00 0.12 0.14 0.03 0.05 0.00 2.95 0.11 0.03 0.39 0.08 0.11 0.01 0.01 0.00 0.01 0.00 0.00 1.27 0.02 0.02 0.02 0.02 0.02 0.01 0.01 0.01 0.09 0.11 0.03 0.05 0.00 0.00 0.00 0.00 0.03 0.00 0.00 0.03 0.02 0.00 0.49 0.39 0.03 0.01 0.05 0.00 0.07 0.11 0.13 0.00 0.00 0.01 0.00 0.01 0.01 0.00 0.00 0.00 0.02 0.03 0.02 0.01 0.73 0.93 0.15 0.19 0.02 0.01 0.08 0.04 0.04 0.01 0.07 0.10 0.00 0.00 0.01 0.01 0.00 0.00 0.00 0.01 0.00 0.01 0.00 0.00 0.33 0.68 0.07 0.00 0.41 0.00 0.03 0.08 0.01 0.00 0.00 0.02 0.73 0.04 0.04 0.05 0.06 0.00 0.00 0.00 0.05 1.49 0.00 0.19 0.00 0.01 0.00 0.01 0.01 0.00 0.01 0.02 0.12 0.16 0.01 0.01 0.00 0.02 0.00 0.02 0.02 0.03 0.02 0.05 0.00 0.02 0.32 0.40 0.00 0.00 0.11

0.08 1.22 0.98 0.17 0.23 0.08 0.10 0.21 0.29 0.24 0.18 0.12 0.16 20.82 26.75 0.50 0.60 0.21 0.12 0.16 0.02 0.17 1.60 1.18 1.20 0.37 0.38 0.28 0.18 0.01 14.75 1.37 117.35 89.23 0.13 0.53 0.67 1.34 15.52 11.58 26.20 0.74 0.52 0.95 3.50 4.65 0.25 0.19 0.04 0.71 0.56 0.63 9.25 1.24 1.60 0.29 0.36 0.87 0.68 0.19 0.12 1.13 1.45 0.41 0.52 0.14 0.11 0.03 0.04 0.26 0.19 0.04 0.21 0.45 0.32 15.94 12.60 0.24 0.18 0.12 0.04 21.22 1.53 5.97 0.10 0.08 0.06 0.05 0.10 0.07 0.42 0.31 0.02 0.38 0.50 0.10 0.08 2.43 3.11 1.05 1.29 0.62 0.06 5.12 3.90 0.93 0.74 3.26 4.19 0.08 0.26 0.59 0.78 0.02 0.07 0.12 0.16 0.05 0.07 0.08 0.10 39.02 19.45 3.24 38.94 38.50 0.53 1.16 1.51 0.07 0.09 0.38 0.49 21.75 0.91 1.68 0.57 0.43 0.13 0.15 0.22 2.38 62.19 0.26 0.40 0.06 0.09 0.38 0.29 0.03 0.04 0.21 0.15 0.21 0.27 0.65 0.55 0.11 0.15 0.27 0.35 0.35 0.24 2.63 3.42 0.34 0.25 3.07 9.60 0.15 0.18 1.20

0.05 0.16 0.23 0.10 0.08 0.01 0.02 0.04 0.06 0.04 0.03 0.03 0.05 7.68 11.10 0.03 0.04 0.06 0.02 0.02 0.01 0.03 0.52 0.36 0.45 0.12 0.10 0.07 0.06 0.00 5.00 0.06 43.25 31.00 0.00 0.16 0.12 0.15 4.43 3.34 5.16 0.16 0.17 0.06 0.72 1.00 0.03 0.03 0.00 0.09 0.05 0.13 2.63 0.21 0.31 0.05 0.12 0.28 0.24 0.01 0.03 0.23 0.27 0.09 0.12 0.03 0.02 0.00 0.01 0.04 0.02 0.01 0.03 0.02 0.05 6.29 4.33 0.09 0.04 0.00 0.01 0.35 0.34 3.09 0.02 0.01 0.03 0.00 0.02 0.02 0.10 0.08 0.00 0.02 0.04 0.03 0.01 0.10 0.14 0.07 0.10 0.06 0.01 1.39 1.00 0.12 0.08 0.64 0.86 0.01 0.07 0.07 0.10 0.00 0.00 0.03 0.04 0.00 0.01 0.02 0.01 12.56 5.91 1.75 15.44 12.66 0.37 0.43 0.26 0.01 0.02 0.01 0.02 7.30 0.39 0.05 0.10 0.07 0.00 0.05 0.07 0.06 21.80 0.13 0.10 0.02 0.02 0.00 0.01 0.01 0.01 0.04 0.03 0.01 0.02 0.07 0.05 0.02 0.04 0.11 0.14 0.04 0.06 0.53 0.76 0.13 0.10 1.30 1.30 0.06 0.10 0.23

(100s) Stock

Week Last

12-month

Exc Volume

High

Low

Change

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

O 564 O 482 V 1105 V 21 O 76 V 746 O 3 C 376 O 237 T 903 T 1788 O 651 O 20 V 294 V 3 O 265 V 411 O 1233 V 1001 O 13410 T 24 O 79 V 1365 O 2845 O 270 V 622 O 20 V 250 O 0 O 9 V 46 O 169 C 215 T 162 O 6 O 116 V 178 V 4405 O 4350 V 248 O 277 V 1503 O 309 V 498 V 221 C 982 O 35 O 2110 V 119 O 70 V 332 V 786 O 57 C 2518 O 642 O 4478 T 8755 O 31 O 30 V 324 X 164387 T 6595 O 37 V 44 V 264 V 423 O 151 O 103 O 195 V 1253 T 4980 O 4487 V 585 O 150 O 706 V 2884 V 926 O 543 O 2356 V 219 O 556

0.84 0.28 0.34 0.69 4.82 6.22 0.09 0.10 0.20 0.25 1.24 0.99 0.02 0.03 0.24 0.04 0.05 0.14 0.18 0.02 5.35 0.21 0.30 0.23 0.42 0.54 0.01 0.03 0.00 0.24 0.30 2.06 2.60 14.65 12.09 2.78 3.58 1.15 0.89 0.11 0.05 0.06 0.81 1.00 0.09 0.10 0.41 0.03 0.10 0.20 0.23 0.23 0.17 0.69 0.63 0.18 0.23 0.04 0.15 0.19 2.82 3.60 0.09 0.14 0.09 0.07 0.06 4.03 0.06 0.09 0.25 0.19 1.11 0.84 0.04 0.05 0.44 0.34 0.00 0.16 0.13

0.70 0.79 + 0.20 0.21 0.26 0.27 unch 0.00 0.67 + 4.55 4.65 5.88 5.99 0.09 0.09 unch 0.09 0.09 unch 0.17 0.17 0.21 0.23 unch 1.13 1.16 0.88 0.92 0.02 0.02 unch 0.03 0.03 unch 0.24 0.24 unch 0.03 0.03 + 0.04 0.05 unch 0.13 0.14 + 0.17 0.18 + 0.01 0.02 4.60 5.35 + 0.14 0.21 + 0.00 0.30 + 0.08 0.11 + 0.36 0.40 + 0.48 0.52 + 0.00 0.00 0.03 0.03 unch 0.00 2.02 unch 0.00 0.22 0.00 0.26 + 1.74 1.85 2.20 2.39 13.67 14.50 + 10.66 12.09 + 2.42 2.48 + 3.07 3.16 0.88 0.90 0.68 0.71 0.09 0.10 0.04 0.04 0.05 0.05 0.71 0.76 + 0.92 0.97 + 0.05 0.06 + 0.08 0.10 + 0.23 0.41 + 0.02 0.02 + 0.10 0.10 0.06 0.17 + 0.20 0.20 0.19 0.22 + 0.15 0.17 + 0.55 0.61 + 0.41 0.48 + 0.14 0.14 0.18 0.19 unch 0.02 0.02 0.14 0.14 0.17 0.17 + 1.29 1.35 + 1.66 1.72 + 0.09 0.09 0.12 0.13 0.00 0.08 0.06 0.06 unch 0.06 0.06 unch 3.00 3.24 0.05 0.05 + 0.07 0.08 + 0.19 0.23 + 0.15 0.18 + 0.87 1.01 + 0.69 0.75 + 0.03 0.04 + 0.04 0.04 unch 0.34 0.36 0.27 0.29 0.00 0.00 + 0.14 0.15 + 0.11 0.12 +

B2Gold Corp* B2Gold Corp Balto Res Bam Bam Res Bam Bam Res* Bannerman Res* Banyan Gold Banyan Gold* Barksdale Res* Barksdale Res Baroyeca Gold Baroyeca Gold* Barrick Gold* Barrick Gold Barsele Min* Barsele Min Baru Gold Baru Gold* Baselode Egy* Baselode Egy Batero Gold Batero Gold* Battle North* Battle North Bayhorse Silvr Bayhorse Silvr* BC Moly BCM Res Bear Creek Mng Bear Creek Mng* Bearclaw Cap Bearing Lith Bearing Lith* Beauce Gold Bell Copper Bell Copper* Belmont Res Belo Sun Mng Belo Sun Mng* BeMetals * BeMetals Benchmark Met* Benchmark Met Benton Res Benton Res* Benz Mining Benz Mining* Bessor Min Bird River Res Bitterroot Res* Bitterroot Res Black Dragon* Black Hills* Black Iron* Black Iron Black Mammoth* Black Mammoth Black Mountain Black Tusk Res* Black Tusk Res Blackheath Res Blackrock Gold* Blackrock Gold Blind Creek BLOX Inc* Blue Lagoon Blue Lagoon* Blue Moon Zinc* Blue Moon Zinc Blue River Res Blue River Res* Blue Sky Uran* Blue Sky Uran Blue Star Gold* Blue Star Gold Blue Thunder BlueBird Batt* BlueBird Batt Bluestone Res Bluestone Res* BMEX Gold BMEX Gold* Bold Ventures* Bold Ventures Bonanza Gold* Bond Resources BonTerra Res Boreal Metals Boreal Metals * Borneo Res Inv* Boundary Gold*

X 40499 T 20229 V 408 C 604 O 119 O 6112 V 1450 O 230 O 211 V 701 V 212 O 2 N 86422 T 20670 O 6 V 314 V 11721 O 2011 O 156 V 750 V 327 O 134 O 172 T 720 V 9868 O 1376 V 0 V 0 V 1958 O 645 V 49 V 277 O 122 V 230 V 450 O 106 V 645 T 1155 O 3356 O 63 V 245 O 476 V 3800 V 977 O 919 V 399 O 310 V 13 C 434 O 122 V 368 O 83 N 1485 O 518 T 1121 O 1 V 41 V 27 O 4271 C 11705 V 147 O 1651 V 2532 V 1258 O 117474 C 639 O 771 O 483 V 496 V 2128 O 1506 O 1074 V 2499 O 56 V 531 V 564 O 549 V 1484 V 431 O 133 V 815 O 39 O 14 V 348 O 91824 C 26 V 322 V 1349 O 468 O 50241 O 19

5.10 6.51 0.14 1.04 0.84 0.12 0.23 0.20 0.40 0.51 0.28 0.19 22.97 29.39 0.50 0.66 0.22 0.17 0.63 0.80 0.16 0.12 1.43 1.87 0.15 0.12 0.00 0.00 3.20 2.49 0.23 0.25 0.20 0.14 0.24 0.18 0.09 1.10 0.85 0.31 0.39 1.08 1.38 0.16 0.12 1.23 0.95 0.07 0.17 0.11 0.15 0.05 62.04 0.27 0.35 0.17 0.20 0.65 0.06 0.07 0.20 0.70 0.88 0.12 0.03 0.59 0.48 0.05 0.07 0.02 0.01 0.21 0.26 0.08 0.11 0.11 0.24 0.30 1.95 1.50 0.73 0.56 0.08 0.10 0.02 0.18 1.30 0.11 0.09 0.00 0.04

Stock

0.09 0.02 0.00 0.05 0.03 0.10 0.00 0.00 0.02 0.00 0.03 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.60 0.07 0.13 0.00 0.02 0.04 0.01 0.00 0.00 0.01 0.03 0.18 0.21 0.50 1.36 0.04 0.03 0.02 0.00 0.01 0.00 0.01 0.02 0.03 0.02 0.03 0.03 0.00 0.03 0.01 0.01 0.02 0.01 0.08 0.09 0.00 0.00 0.01 0.01 0.01 0.12 0.14 0.00 0.01 0.01 0.00 0.00 0.11 0.00 0.01 0.04 0.03 0.11 0.03 0.00 0.00 0.01 0.01 0.00 0.01 0.01

0.97 0.33 0.41 0.97 5.63 7.64 0.11 0.15 0.23 0.32 1.63 1.28 0.05 0.10 0.64 0.09 0.13 0.30 0.40 0.02 5.35 0.29 0.38 0.23 0.50 0.67 0.08 0.03 2.98 0.40 0.65 2.79 3.60 18.30 18.11 4.31 5.75 1.25 0.99 0.11 0.10 0.14 1.51 1.99 0.09 0.11 0.60 0.04 0.13 0.69 0.38 0.56 0.39 0.69 0.63 0.19 0.25 0.05 0.35 0.48 2.82 3.60 0.16 0.20 0.22 0.34 0.23 4.03 0.10 0.20 0.32 0.25 3.27 2.35 0.05 0.06 0.70 0.53 0.00 0.27 0.20

0.46 0.08 0.11 0.32 0.60 0.95 0.02 0.02 0.06 0.08 0.37 0.26 0.01 0.01 0.18 0.03 0.04 0.08 0.11 0.00 1.79 0.06 0.08 0.01 0.11 0.16 0.00 0.01 0.71 0.00 0.20 0.28 0.48 2.01 1.53 1.03 1.51 0.15 0.11 0.02 0.04 0.02 0.29 0.42 0.02 0.01 0.06 0.00 0.04 0.03 0.08 0.06 0.13 0.02 0.22 0.02 0.03 0.02 0.13 0.05 0.26 0.27 0.06 0.04 0.04 0.06 0.05 0.65 0.04 0.06 0.07 0.05 0.78 0.60 0.01 0.02 0.04 0.03 0.00 0.08 0.05

0.09 0.11 0.02 0.04 0.05 0.02 0.02 0.02 0.02 0.03 0.01 0.00 0.04 0.05 0.03 0.03 0.02 0.01 0.04 0.03 0.01 0.00 0.02 0.02 0.01 0.02 0.00 0.00 0.01 0.01 0.00 0.01 0.01 0.01 0.02 0.01 0.01 0.03 0.02 0.01 0.01 0.09 0.10 0.01 0.00 0.09 0.06 0.01 0.04 0.01 0.02 0.00 2.81 0.01 0.04 0.00 0.01 0.03 0.00 0.01 0.02 0.04 0.06 0.02 0.01 0.00 0.00 0.01 0.00 0.01 0.00 0.06 0.08 0.02 0.01 0.01 0.02 0.04 0.04 0.03 0.11 0.11 0.00 0.01 0.00 0.02 0.02 0.01 0.00 0.00 0.00

7.55 9.99 0.16 1.60 1.08 0.14 0.39 0.90 0.55 0.70 0.40 0.28 31.22 41.09 0.58 0.75 0.24 0.21 1.15 1.19 0.16 0.13 1.80 2.28 0.24 0.17 0.09 0.09 4.17 3.04 0.60 0.34 0.25 0.22 0.45 0.32 0.10 1.44 1.10 0.42 0.57 1.22 1.64 0.30 0.22 1.40 1.10 0.10 0.24 0.13 0.18 0.10 87.12 0.35 0.45 0.19 0.26 0.65 0.08 0.10 0.26 1.22 1.61 0.27 0.20 1.85 1.35 0.07 0.08 0.02 0.01 0.21 0.26 0.12 0.16 0.20 0.26 0.40 2.43 1.84 1.05 0.65 0.11 0.16 0.02 0.43 1.82 0.14 0.17 0.00 0.08

2.16 3.12 0.03 0.25 0.19 0.01 0.03 0.02 0.14 0.21 0.03 0.08 12.65 17.52 0.07 0.11 0.02 0.02 0.23 0.15 0.05 0.03 0.37 0.54 0.05 0.03 0.03 0.02 0.75 0.50 0.10 0.06 0.06 0.06 0.01 0.02 0.02 0.21 0.18 0.09 0.12 0.12 0.17 0.05 0.03 0.06 0.05 0.03 0.04 0.02 0.03 0.00 48.07 0.03 0.05 0.02 0.04 0.35 0.03 0.04 0.07 0.05 0.07 0.02 0.00 0.43 0.27 0.00 0.01 0.01 0.00 0.03 0.05 0.04 0.04 0.06 0.16 0.08 0.99 0.75 0.08 0.16 0.03 0.03 0.00 0.14 0.63 0.03 0.03 0.00 0.00

B 4.84 5.04 + 6.22 6.43 + 0.12 0.12 0.93 0.98 0.74 0.78 0.08 0.10 + 0.19 0.22 + 0.15 0.18 + 0.36 0.36 0.46 0.47 0.00 0.28 + 0.19 0.19 unch 21.48 22.33 27.54 28.51 0.00 0.48 0.61 0.62 0.13 0.17 + 0.10 0.13 + 0.51 0.57 + 0.64 0.74 + 0.14 0.14 0.12 0.12 1.28 1.34 1.63 1.72 0.11 0.11 + 0.08 0.10 + 0.00 0.06 unch 0.00 0.08 unch 2.57 2.77 1.91 2.18 + 0.00 0.22 unch 0.22 0.24 + 0.18 0.19 + 0.13 0.14 + 0.20 0.21 0.00 0.17 0.07 0.08 + 0.91 0.98 0.70 0.77 0.00 0.30 0.38 0.39 + 0.87 0.93 + 1.12 1.21 + 0.14 0.15 0.10 0.12 1.12 1.18 + 0.89 0.91 + 0.00 0.07 + 0.11 0.16 + 0.10 0.10 0.13 0.13 0.05 0.05 unch 58.72 61.93 + 0.00 0.27 + 0.31 0.35 + 0.17 0.17 unch 0.00 0.20 + 0.62 0.65 + 0.05 0.05 + 0.06 0.07 + 0.18 0.20 + 0.55 0.60 + 0.71 0.76 + 0.09 0.10 + 0.01 0.01 + 0.51 0.55 unch 0.40 0.43 0.04 0.04 0.06 0.06 unch 0.01 0.01 0.01 0.01 0.13 0.19 + 0.17 0.25 + 0.06 0.06 0.08 0.09 0.08 0.09 + 0.20 0.23 + 0.25 0.29 + 1.75 1.82 1.38 1.43 0.53 0.59 0.45 0.46 0.00 0.07 0.08 0.09 0.01 0.01 + 0.16 0.18 + 1.19 1.19 0.09 0.09 + 0.07 0.07 + 0.00 0.00 + 0.00 0.04 +

(100s)

High Low

Week Last

12-month

Exc Volume

High

Low

Change

Boundary Gold Bravada Gold* Bravada Gold Braveheart Res* Braveheart Res Bravo Multinat* Brazil Min* Brigadier Gold* Brigadier Gold BrightRock* Britannia Mng* Brixton Metals Brixton Metals* Brunswick Expl Bryn Res* BTU Metals* BTU Metals Buenaventura* Buffalo Coal Buffalo Coal * Bullion Gold* Bunker Hill Bushveld Min* BWR Explor

V 244 O 378 V 235 O 316 V 609 O 169 O 507225 O 699 V 1721 O 175 O 4699 V 4930 O 3174 V 231 O 323 O 135 V 1593 N 7486 V 444 O 0 O 17 C 1857 O 181 V 1196

0.06 0.10 0.13 0.10 0.13 0.20 0.05 0.19 0.24 0.04 0.02 0.31 0.25 0.22 0.03 0.11 0.15 11.88 0.03 0.00 0.11 0.43 0.35 0.05

0.05 0.05 unch 0.09 0.10 + 0.11 0.13 + 0.09 0.09 0.12 0.12 0.10 0.10 0.03 0.04 + 0.15 0.16 0.20 0.21 0.03 0.04 + 0.01 0.01 + 0.25 0.26 + 0.19 0.21 + 0.19 0.20 0.02 0.03 + 0.00 0.10 0.13 0.15 unch 10.22 10.43 + 0.02 0.03 + 0.00 0.02 unch 0.00 0.10 0.37 0.38 unch 0.25 0.34 0.04 0.04 -

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

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

0.15 0.13 0.16 0.55 0.72 0.33 0.27 0.02 0.03 0.37 15.74 1.45 1.85 0.14 0.11 5.26 6.50 15.16 19.42 0.43 0.15 0.12 0.03 0.21 0.17 2.47 1.96 0.06 0.05 0.15 0.11 0.77 0.60 0.23 0.40 0.13 0.53 0.68 0.53 0.41 0.03 0.17 0.65 0.49 0.20 0.05 0.06 0.11 0.13 0.22 0.27 0.17 0.13 0.20 0.26 0.28 0.40 1.04 0.80 0.24 0.19 0.06 0.08 0.29 0.23 3.07 0.07 0.08 0.75 1.04 0.07 0.05 0.11 0.04 0.19 0.23 0.32 0.14 0.13 0.03 0.57 0.07 0.02 0.09 0.10 0.14 0.00 0.15 0.11 0.09 2.11 0.03 13.88 0.21 0.16 0.08 0.08 0.21 0.28 0.28 0.36 0.03 0.04 0.44 0.59 0.46 3.16 0.09 0.11 4.05 5.23 0.13 0.09 4.20 5.39 90.47 0.15 0.11 0.24 0.18 2.78 1.55 1.21 1.03 0.42 0.19 0.11 16.71 0.15 0.32 0.07 0.25 0.20 0.61 0.07 0.09 12.60 0.07 0.08 0.26 0.33 0.80 3.00 0.20 0.16 0.49 0.39 0.17

Stock

0.00 0.00 0.01 0.00 0.01 0.00 0.01 0.01 0.01 0.00 0.00 0.02 0.02 0.02 0.01 0.01 0.00 0.25 0.01 0.00 0.01 0.00 0.05 0.01

0.08 0.19 0.25 0.13 0.17 0.45 0.10 0.45 0.62 0.04 0.03 0.57 0.42 0.28 0.06 1.00 0.43 14.32 0.04 0.02 0.19 1.01 0.60 0.06

0.01 0.03 0.05 0.03 0.05 0.05 0.00 0.07 0.05 0.00 0.00 0.08 0.05 0.05 0.02 0.00 0.10 5.12 0.01 0.00 0.01 0.10 0.00 0.02

0.03 0.01 0.01 0.04 0.03 0.04 0.02 0.00 0.00 0.00 0.02 0.01 0.02 0.02 0.01 0.64 0.70 1.58 1.97 0.06 0.01 0.01 0.00 0.03 0.02 0.17 0.11 0.01 0.01 0.03 0.02 0.01 0.01 0.01 0.04 0.02 0.07 0.10 0.10 0.09 0.01 0.01 0.10 0.06 0.00 0.01 0.00 0.01 0.01 0.08 0.04 0.02 0.00 0.00 0.02 0.01 0.05 0.14 0.03 0.01 0.00 0.02 0.01 0.03 0.03 0.40 0.04 0.02 0.00 0.00 0.01 0.01 0.01 0.01 0.00 0.01 0.01 0.01 0.00 0.00 0.00 0.00 0.01 0.00 0.02 0.04 0.00 0.01 0.00 0.01 0.02 0.01 0.56 0.01 0.01 0.01 0.04 0.04 0.10 0.03 0.04 0.00 0.01 0.13 0.04 0.03 0.03 0.00 0.01 0.05 0.05 0.01 0.00 0.07 0.09 4.06 0.00 0.02 0.04 0.02 0.09 0.01 0.01 0.03 0.06 0.00 0.01 1.35 0.01 0.01 0.01 0.01 0.00 0.10 0.00 0.00 0.39 0.00 0.01 0.00 0.05 0.05 0.00 0.00 0.01 0.01 0.00 0.02

0.17 0.13 0.17 0.70 0.88 0.33 2.08 0.04 0.05 0.37 29.39 2.40 2.80 0.38 0.30 5.26 6.50 15.16 19.42 0.43 0.19 0.15 0.10 0.39 0.28 3.00 2.24 0.06 0.05 0.17 0.13 0.77 0.60 0.23 0.48 0.16 0.78 0.95 0.55 0.43 0.07 0.26 0.68 0.49 0.27 0.08 0.11 0.25 0.33 0.22 0.27 0.30 0.13 0.29 0.40 0.35 0.48 1.76 1.29 0.26 0.19 0.09 0.12 0.50 2.00 3.07 0.07 0.08 0.81 1.09 0.10 0.07 0.33 0.10 0.19 0.30 0.35 0.19 0.15 0.06 1.20 0.10 0.03 0.09 0.35 0.55 1.00 0.22 0.18 0.15 4.04 0.10 19.59 0.43 0.34 0.25 0.08 0.22 0.28 0.35 0.49 0.05 0.06 0.44 0.80 0.61 3.70 0.16 0.27 4.66 5.81 0.32 0.18 5.75 7.61 112.60 0.18 0.14 0.38 0.30 2.78 1.55 1.22 1.11 0.49 0.31 0.12 18.77 0.15 0.35 0.07 0.26 0.21 0.77 0.08 0.10 12.60 0.07 0.10 0.35 0.44 0.94 3.30 0.22 0.17 0.50 0.39 0.26

0.01 0.03 0.01 0.05 0.07 0.04 0.00 0.01 0.01 0.20 6.51 0.00 0.46 0.11 0.08 0.22 0.32 5.30 7.69 0.00 0.08 0.05 0.00 0.11 0.09 0.38 0.67 0.02 0.01 0.03 0.02 0.25 0.18 0.01 0.10 0.05 0.41 0.03 0.09 0.06 0.00 0.05 0.05 0.03 0.02 0.01 0.01 0.07 0.10 0.04 0.04 0.10 0.08 0.00 0.02 0.12 0.05 0.46 0.33 0.04 0.03 0.02 0.02 0.21 0.11 0.33 0.01 0.02 0.15 0.20 0.04 0.01 0.00 0.01 0.03 0.05 0.07 0.02 0.03 0.01 0.23 0.04 0.01 0.01 0.07 0.09 0.07 0.06 0.05 0.01 1.52 0.01 5.52 0.05 0.02 0.01 0.00 0.05 0.05 0.18 0.24 0.00 0.01 0.06 0.08 0.05 0.08 0.08 0.08 0.77 0.96 0.06 0.04 1.01 1.40 51.60 0.05 0.07 0.03 0.01 0.45 0.22 0.68 0.50 0.27 0.05 0.04 2.63 0.05 0.07 0.01 0.03 0.02 0.06 0.02 0.03 1.98 0.03 0.04 0.05 0.05 0.21 2.00 0.05 0.04 0.11 0.07 0.10

C 163 504 971 179 1721 5127 1696 3 589 2 375 376 3147 13 9 647 413 49679 10045 336 1939 155 71 483 143 2096 645 94 9 1168 1001 6718 3853 296 23 1226 326 367 900 770 36 1713 67 3 681 2 152 45 124 5 62 915 3 4 307 2 119 165 4 250 69 16 1092 481 280 4659 21 373 3 5 146 62 88 5794 1663 680 1519 100 80 211 456 4 787 6724 7 348 0 1237 739 2265 179 430 3567 27 16 156 714 31 70 125 425 62 313 2623 484 643 50 76 567 49 1979 89 6 48 113 42437 222 1 3644 100 462 137 6 73 1574 7 162 45668 1 283 5 1449 1076 2623 444 329 44342 7 533 1 12 797 32 196 62 712 78 69

0.12 0.10 0.14 0.43 0.54 0.25 0.20 0.02 0.02 0.37 14.25 1.32 1.69 0.00 0.09 3.16 4.00 12.49 16.00 0.37 0.13 0.10 0.00 0.18 0.14 2.27 1.77 0.05 0.03 0.11 0.08 0.56 0.44 0.14 0.31 0.08 0.43 0.55 0.40 0.33 0.01 0.13 0.00 0.00 0.17 0.04 0.05 0.00 0.12 0.13 0.22 0.15 0.13 0.19 0.21 0.00 0.33 0.87 0.00 0.21 0.17 0.04 0.07 0.25 0.16 2.64 0.05 0.06 0.75 1.04 0.07 0.04 0.10 0.03 0.16 0.21 0.26 0.14 0.12 0.03 0.48 0.07 0.02 0.07 0.08 0.10 0.00 0.13 0.09 0.06 1.97 0.01 13.02 0.00 0.14 0.06 0.03 0.12 0.00 0.25 0.30 0.02 0.00 0.25 0.51 0.40 2.84 0.08 0.08 3.81 4.76 0.10 0.00 3.75 4.79 84.57 0.14 0.00 0.14 0.11 2.58 1.51 0.00 0.92 0.34 0.00 0.10 15.02 0.00 0.25 0.00 0.18 0.14 0.49 0.06 0.08 8.35 0.00 0.07 0.00 0.00 0.67 2.15 0.19 0.14 0.46 0.36 0.15

0.15 0.12 0.14 0.55 0.68 0.27 0.22 0.02 0.03 0.37 15.05 1.37 1.75 0.14 0.11 3.57 4.49 14.00 17.88 0.42 0.13 0.10 0.01 0.21 0.17 2.45 1.92 0.05 0.05 0.15 0.11 0.60 0.48 0.20 0.36 0.10 0.46 0.58 0.49 0.40 0.01 0.14 0.56 0.42 0.18 0.04 0.06 0.10 0.12 0.21 0.26 0.15 0.13 0.19 0.22 0.28 0.40 0.98 0.71 0.21 0.17 0.04 0.07 0.25 0.20 3.05 0.07 0.07 0.75 1.04 0.07 0.05 0.11 0.04 0.17 0.21 0.27 0.14 0.13 0.03 0.50 0.07 0.02 0.08 0.10 0.14 0.15 0.13 0.10 0.07 2.01 0.02 13.81 0.19 0.16 0.07 0.07 0.20 0.24 0.25 0.33 0.03 0.04 0.41 0.52 0.40 3.10 0.08 0.11 3.95 5.05 0.11 0.09 3.85 4.99 89.26 0.15 0.11 0.16 0.13 2.66 1.54 1.19 1.03 0.34 0.19 0.10 16.69 0.15 0.27 0.07 0.20 0.16 0.61 0.07 0.09 9.44 0.07 0.08 0.26 0.28 0.79 3.00 0.20 0.16 0.46 0.37 0.15

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

(100s)

High Low

Week Last

12-month

Exc Volume

High

Low

Change

Compass Gold Comstock Mng* Comstock Mtls Comstock Mtls * Condor Gold* Condor Gold Condor Res* Condor Res Confedertn Ml* Confedertn Mls Conic Metals Conic Metals* Conquest Res Conquest Res * Cons Woodjam CONSOL Energy* CONSOL Energy* Constantine Mt* Constantine Mt Contact Gold* Contact Gold CopAur Min* CopAur Min Copper Fox Mtl Copper Fox Mtl* Copper Lake Rs Copper Mtn Mng* Copper Mtn Mng Copper One * Copperbank Res Copperbank Res* Cordoba Mnls* Cordoba Mnls Core Assets Cornerstone Ca* Cornerstone Ca Corsa Coal * Corsa Coal Cortus Metals Corvus Gold* Corvus Gold Crest Resource Crest Resource* Crestview Expl Critical Elem* Critical Elem Cross River* Cross River Crown Mining Crown Mining* Cruz Cobalt* Cruz Cobalt Crystal Peak* CTGX Mining* Currie Rose Rs CWN M’g Acq Cyon Explor Cypress Dev* Cypress Dev

344 V X 348649 72 V 13 O 11 O 16 T 149 O 545 V 100 O 244 V 489 V 138 O 885 V 10 O 316 V 2021 N N 21702 23 O 10 V 467 O 503 V 25 O 525 V 1298 V 494 O 1841 V 352 O 3920 T 1307 O 543 C 1059 O 277 O 548 V 39 C 68 O 192 V 10 O 33 V 50 V 1292 D 1046 T 1357 C 54 O 1711 C 161 O 1606 V 52 O 1047 C 741 V 35 O 8376 O C 17481 93 O 0 O 38 V 84 V 1514 V 1988 O 2113 V

0.23 4.17 0.11 0.08 0.70 0.92 0.23 0.29 1.27 1.60 0.71 0.56 0.16 0.13 0.19 9.76 13.73 0.16 0.19 0.10 0.13 0.11 0.16 0.34 0.28 0.05 1.81 2.32 0.50 0.38 0.30 0.07 0.08 0.15 3.95 5.05 0.30 0.39 0.14 2.37 3.04 0.12 0.09 1.15 1.01 1.30 0.20 0.27 0.18 0.14 0.12 0.16 0.01 0.02 0.05 0.08 0.21 1.28 1.66

+ 0.19 0.22 + 1.66 1.75 0.10 0.10 unch 0.07 0.07 0.70 0.70 0.88 0.88 0.19 0.21 0.25 0.27 1.13 1.20 1.49 1.53 + 0.64 0.70 + 0.50 0.55 0.00 0.16 unch 0.12 0.12 0.16 0.17 + 8.06 9.14 + 12.63 12.76 0.14 0.15 + 0.00 0.19 + 0.09 0.10 + 0.12 0.12 0.11 0.11 unch 0.13 0.14 unch + 0.24 0.30 + 0.19 0.24 0.04 0.04 + 1.68 1.81 + 2.16 2.29 + 0.36 0.40 + 0.33 0.37 + 0.25 0.29 + 0.05 0.06 0.07 0.07 + 0.13 0.15 3.35 3.72 4.26 4.70 + 0.00 0.27 0.00 0.33 + 0.14 0.14 + 2.07 2.34 + 2.67 2.99 0.10 0.11 0.07 0.07 + 0.75 0.82 + 0.87 0.95 + 1.13 1.23 0.19 0.19 0.23 0.25 unch + 0.14 0.16 + 0.12 0.13 + 0.08 0.10 + 0.11 0.13 + 0.01 0.01 + 0.00 0.02 0.00 0.04 unch + 0.05 0.07 + 0.15 0.21 0.99 1.05 1.27 1.34

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

4550 O 1895 V 315 O 1139 V 293 O 79 O 10 C 3549 V 856 O 985 V 124 O 101 C 851 O 1731 V 2701 V 2275 O 246 V 5621 T X 33152 929 V 12 O 436 V 8 O 264 V 54 O O 4403 2559 O 2230 V 775 V 375 O 700 V 3040 O 6739 V O 405712 6 V 2084 V 5 O 188 O 639 V 22 V 30 O 30 O 189 V 64 O 319 O 2823 O V 2410 177 V 1987 V 336 O 1419 N 2382 T 157 O 1317 V 25 V 76 O 200 V 245 T 76 O 4 O 148 V 0 O 588 V 1136 O 4388 V 86 C 163 O 1224 V 533 V 142 V 520 V 6 O 1 V 107 O 866 T 172 V 35 O 326 V 220 O 0 O 317 C 64 C 0 O 305 V 73 O 1192 V 2698 O 2 O 103 V 1796 V 356 O N 18191 4339 T 691 O 1568 V 1033 V 1394 O 13 V 7 O 1340 V 232 O 812 V 555 O 69 V 1716 X 91 O 156 V 1453 V 4240 T 89 O N 39818 8072 T 125 O

0.13 0.17 0.44 0.15 0.11 0.34 0.26 0.10 0.08 0.19 0.16 0.07 0.34 0.44 0.96 0.77 0.11 1.02 0.80 0.18 0.14 1.84 0.03 0.11 0.08 0.00 0.35 0.45 0.08 0.05 0.06 1.78 2.27 0.00 0.11 0.02 0.02 0.41 0.53 0.16 0.00 0.00 0.26 0.02 0.40 0.75 0.97 0.87 0.34 0.27 10.74 8.56 0.08 0.11 0.19 0.10 0.12 2.04 1.58 0.70 0.14 0.00 0.18 2.73 3.49 0.87 0.09 0.14 0.18 0.44 0.39 0.29 0.11 0.26 0.33 0.08 0.07 0.53 0.41 0.00 0.06 0.27 0.20 0.26 0.13 0.17 0.01 0.03 0.05 0.08 0.09 12.98 16.60 4.03 5.23 1.07 0.85 0.59 0.48 0.19 0.15 0.07 0.05 4.70 3.70 0.07 0.09 1.00 28.63 22.36 6.75 8.63 0.16

High Low

0.01 0.39 0.00 0.02 0.01 0.04 0.01 0.02 0.06 0.07 0.05 0.04 0.00 0.00 0.02 1.02 0.09 0.00 0.02 0.01 0.00 0.00 0.00 0.03 0.02 0.01 0.11 0.15 0.01 0.01 0.01 0.00 0.01 0.01 0.24 0.30 0.02 0.04 0.01 0.16 0.19 0.02 0.02 0.01 0.07 0.09 0.01 0.00 0.01 0.01 0.01 0.03 0.00 0.00 0.00 0.02 0.03 0.19 0.24

0.38 4.17 0.14 0.17 2.59 1.40 0.50 0.44 2.06 2.78 0.80 0.63 0.36 0.26 0.30 10.52 14.19 0.24 0.25 1.00 0.28 0.16 0.28 0.47 0.35 0.05 2.08 2.64 0.69 0.40 0.31 0.10 0.13 0.20 5.00 6.53 0.32 0.42 0.35 3.29 4.26 0.22 0.12 1.81 1.13 1.45 0.34 0.50 0.18 0.14 0.14 0.18 0.04 0.20 0.06 0.21 0.38 1.92 2.45

0.14 0.33 0.05 0.01 0.03 0.37 0.00 0.04 0.17 0.21 0.12 0.09 0.05 0.10 0.02 3.35 4.26 0.09 0.12 0.00 0.08 0.11 0.07 0.01 0.03 0.01 0.19 0.28 0.01 0.10 0.12 0.03 0.05 0.07 1.08 1.36 0.08 0.12 0.13 0.72 0.99 0.04 0.07 0.29 0.16 0.17 0.19 0.17 0.02 0.01 0.01 0.03 0.00 0.00 0.02 0.03 0.15 0.08 0.11

0.02 0.03 0.02 0.01 0.01 0.01 0.04 0.01 0.01 0.02 0.02 0.01 0.02 0.02 0.05 0.02 0.01 0.14 0.12 0.02 0.00 0.01 0.00 0.00 0.00 0.00 0.08 0.11 0.01 0.01 0.00 0.16 0.23 0.00 0.01 0.00 0.00 0.03 0.03 0.03 0.00 0.00 0.03 0.00 0.26 0.00 0.00 0.02 0.08 0.05 0.15 0.27 0.00 0.01 0.00 0.00 0.03 0.16 0.08 0.00 0.01 0.00 0.01 0.67 0.87 0.06 0.01 0.05 0.01 0.10 0.00 0.01 0.01 0.01 0.01 0.01 0.02 0.01 0.00 0.00 0.01 0.00 0.00 0.02 0.03 0.01 0.00 0.00 0.01 0.00 0.00 1.75 2.17 0.23 0.28 0.01 0.02 0.01 0.01 0.02 0.00 0.01 0.00 0.43 0.31 0.01 0.01 0.11 1.09 0.86 0.02 0.05 0.04

0.16 0.20 0.96 0.16 0.11 0.43 0.27 0.14 0.10 0.24 0.20 0.09 0.39 0.49 1.05 0.83 0.52 1.04 0.83 0.35 0.26 2.11 0.03 0.17 0.13 0.01 0.35 0.45 0.24 0.13 0.16 2.14 2.84 0.00 0.14 0.03 0.02 0.44 0.55 0.16 0.02 0.03 0.41 0.05 0.40 0.91 1.17 1.35 0.34 0.27 18.05 10.73 0.13 0.18 0.27 0.14 0.20 2.62 1.98 1.10 0.14 0.11 0.24 2.73 3.49 0.95 0.12 0.17 0.18 0.44 0.39 0.30 0.11 0.43 0.57 0.09 0.07 0.96 0.80 0.08 0.10 0.27 0.20 0.26 0.15 0.20 0.02 0.05 0.07 0.19 0.14 14.49 18.90 4.03 5.23 2.09 1.54 0.69 0.55 0.40 0.23 0.16 0.12 4.83 3.81 0.10 0.12 1.13 39.21 30.33 6.75 8.63 0.16

0.01 0.02 0.06 0.02 0.01 0.16 0.07 0.01 0.00 0.03 0.02 0.01 0.03 0.07 0.06 0.03 0.07 0.24 0.19 0.05 0.05 0.14 0.01 0.06 0.05 0.00 0.04 0.09 0.05 0.02 0.03 0.16 0.22 0.00 0.06 0.01 0.00 0.09 0.12 0.06 0.00 0.00 0.07 0.00 0.03 0.12 0.17 0.45 0.04 0.04 3.06 3.20 0.03 0.04 0.11 0.03 0.05 0.99 0.70 0.25 0.04 0.03 0.13 0.11 0.19 0.02 0.01 0.02 0.07 0.09 0.08 0.07 0.09 0.12 0.18 0.03 0.02 0.40 0.31 0.02 0.04 0.10 0.02 0.04 0.01 0.02 0.00 0.01 0.02 0.02 0.01 4.60 6.29 0.17 0.20 0.47 0.32 0.28 0.19 0.02 0.05 0.03 0.03 1.54 1.18 0.01 0.01 0.08 15.68 11.02 0.99 1.30 0.02

D-F 0.08 0.10 0.38 0.11 0.08 0.28 0.23 0.08 0.06 0.16 0.12 0.00 0.28 0.35 0.67 0.50 0.09 0.85 0.66 0.16 0.13 1.53 0.02 0.10 0.08 0.00 0.11 0.15 0.08 0.05 0.06 1.43 1.85 0.00 0.00 0.02 0.01 0.33 0.42 0.00 0.00 0.00 0.23 0.01 0.11 0.53 0.69 0.81 0.27 0.22 9.73 8.18 0.07 0.09 0.19 0.06 0.09 1.81 1.38 0.52 0.13 0.00 0.15 1.96 2.50 0.75 0.08 0.10 0.16 0.35 0.33 0.29 0.00 0.23 0.30 0.00 0.00 0.48 0.37 0.00 0.00 0.25 0.20 0.23 0.10 0.14 0.01 0.03 0.00 0.07 0.05 11.04 14.16 3.48 4.47 0.95 0.74 0.00 0.43 0.16 0.12 0.06 0.04 4.25 3.33 0.00 0.07 0.90 26.59 20.80 4.49 5.76 0.10

+ 0.10 + 0.13 + 0.44 0.13 + 0.09 0.32 + 0.26 + 0.09 + 0.07 + 0.19 + 0.15 0.07 0.29 0.36 0.75 0.58 + 0.11 + 0.99 + 0.78 0.17 + 0.14 1.74 + 0.03 0.10 unch 0.08 + 0.00 + 0.19 + 0.25 + 0.08 + 0.05 0.06 unch + 1.62 + 2.08 + 0.00 + 0.11 0.02 unch + 0.01 + 0.38 + 0.48 0.13 0.00 0.00 unch + 0.26 0.02 + 0.40 + 0.57 0.72 unch + 0.84 + 0.34 + 0.27 + 10.48 + 8.40 0.08 0.10 0.19 unch 0.06 0.09 + 2.04 + 1.58 0.70 unch 0.14 0.11 unch + 0.16 + 2.48 + 3.17 0.77 + 0.09 + 0.14 + 0.17 + 0.44 0.38 unch 0.29 + 0.11 + 0.25 + 0.32 0.08 0.05 + 0.51 + 0.39 0.04 unch 0.06 0.26 unch 0.20 unch + 0.25 + 0.13 + 0.17 0.01 0.03 unch + 0.05 0.07 unch + 0.06 + 12.96 + 16.52 + 3.73 + 4.75 0.98 0.76 + 0.59 + 0.45 + 0.18 0.12 0.06 0.04 + 4.70 + 3.67 0.06 + 0.08 + 1.00 + 28.25 + 22.11 4.93 6.29 + 0.15

GLOBAL MINING NEWS

(100s) Stock

Exc Volume

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

V 1292 V 2226 O 956 T 4570 X 28835 V 354 O 5 V 149 O 62 O 14 O 382 T 691 X 6121 T 2713 V 198 O 50 V 928 O 702 O 394 T 1260 O 58 V 507 T 846 O 12 O 8 V 560 V 560 O 2022 V 4894 V 413 O 355 V 843 O 111 C 290 V 578 T 849 O 625 O 51 T 571 O 115 V 197 O 11 V 809 V 1185 O 80 O 48 C 3037 C 24 O 5 V 936 X 865 T 730 O 1428 T 1037 V 142 O 1 O 19 C 13 O 5511 V 23437 O 629 V 543 O 316 V 1752 O 474 V 1281 C 25029 O 3122 C 921 O 1560 V 332 O 5 O 23 V 403 V 420 O 746 V 806 O 1046 O 8 V 93 V 292 O 322 V 27 V 1059 O 233 V 14215 O 7981 C 235 O 189 N 124694 T 15925 O 8781 T 9423 O 876 T 12638 V 583 O 429 V 4061 O 521 O 3869 T 11914 V 160 O 125 O 25 V 133 C 255 O 1 O 3742 V 4979 V 1062 V 1964 T 360 V 160 O 30 T 9173 N 34160 V 78 O 15 T 1443 O 789 V 1969 O 1606 V 692 C 91 O 25 C 182 O 9 V 1107 N 3266 T 2224 O 874 T 3293 C 799 O 104 N 109590 V 255 V 721 O 219 V 1442 V 424 O 0 T 2733 X 7826 O 5519 V 13403

G2 Goldfields* G2 Goldfields Gabriel Res* Gabriel Res Gaia Metals* Gaia Metals Gainey Capital Galane Gold * Galane Gold Galantas Gold Galantas Gold* Galiano Gold Galiano Gold* Galleon Gold* Galleon Gold Galore Res Galway Gold * Galway Gold Galway Mtls* Galway Mtls Gambier Gold* Gambier Gold Garibaldi Res * Garibaldi Res Gatling Explor Gatling Explor* Gatos Silver Gatos Silver* General Gold Generation Min Generation Min* Generic Gold* Generic Gold Genesis Mtls

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

THE NORTHERN MINER / FEBRUARY 15—28, 2021

Week High

Low

Last

0.21 0.25 0.19 6.32 4.95 0.07 0.04 0.05 0.04 0.03 0.43 0.55 10.10 12.85 0.22 0.15 0.30 0.24 0.35 0.45 0.07 0.09 19.94 15.40 0.08 0.09 0.09 2.47 3.14 0.22 0.16 0.19 0.27 0.36 0.70 0.34 0.27 0.07 0.10 0.39 0.40 0.13 0.06 0.26 0.20 0.11 0.06 0.08 0.05 0.36 3.90 4.76 0.79 1.00 0.14 0.11 7.43 9.50 0.29 0.31 0.39 0.43 0.35 0.11 0.11 0.12 0.31 0.24 0.33 0.28 0.15 0.11 1.55 1.97 0.11 1.00 1.29 0.14 0.40 0.20 0.20 0.15 0.12 1.07 0.79 0.37 0.29 0.22 0.18 24.01 30.75 0.38 0.47 0.64 24.31 0.48 0.38 0.13 0.10 0.35 0.42 0.04 0.03 0.10 0.15 0.08 0.23 0.09 0.12 0.31 0.84 0.34 0.29 18.11 12.61 9.85 1.25 0.98 0.15 0.12 0.29 0.22 1.98 0.50 0.38 0.29 0.22 0.81 123.35 158.22 0.07 0.60 0.58 0.46 31.90 0.20 0.08 16.14 0.67 0.03 0.00 2.22 1.74 0.14 0.18

0.14 0.19 0.15 4.78 3.73 0.06 0.04 0.00 0.03 0.02 0.37 0.47 9.38 12.03 0.18 0.14 0.21 0.16 0.32 0.41 0.06 0.08 18.65 14.58 0.06 0.08 0.08 1.66 2.12 0.19 0.12 0.17 0.00 0.31 0.61 0.31 0.24 0.06 0.06 0.00 0.25 0.00 0.03 0.23 0.00 0.10 0.05 0.00 0.05 0.31 2.83 3.66 0.69 0.88 0.10 0.10 6.97 8.85 0.15 0.20 0.18 0.39 0.29 0.10 0.07 0.10 0.18 0.15 0.28 0.22 0.14 0.11 1.38 1.75 0.08 0.90 1.14 0.09 0.00 0.12 0.17 0.14 0.00 0.92 0.72 0.28 0.21 0.19 0.14 15.01 19.24 0.32 0.42 0.53 21.24 0.39 0.30 0.09 0.07 0.27 0.35 0.03 0.03 0.10 0.11 0.07 0.23 0.06 0.08 0.27 0.73 0.29 0.20 16.56 8.90 6.94 1.12 0.00 0.13 0.10 0.22 0.17 1.80 0.46 0.38 0.22 0.16 0.68 117.66 150.89 0.04 0.52 0.53 0.41 27.42 0.18 0.08 13.30 0.56 0.03 0.00 1.81 1.41 0.10 0.13

0.20 0.23 0.18 6.22 4.87 0.06 0.04 0.05 0.03 0.03 0.42 0.55 9.96 12.68 0.21 0.15 0.25 0.18 0.34 0.44 0.06 0.09 19.65 15.40 0.07 0.09 0.09 2.35 3.00 0.20 0.14 0.18 0.27 0.34 0.68 0.32 0.25 0.07 0.09 0.28 0.34 0.12 0.05 0.24 0.19 0.11 0.06 0.08 0.05 0.36 3.09 3.98 0.77 0.98 0.11 0.10 7.15 9.12 0.23 0.30 0.35 0.42 0.35 0.11 0.09 0.11 0.23 0.18 0.30 0.24 0.14 0.11 1.43 1.79 0.11 0.95 1.21 0.11 0.20 0.18 0.18 0.14 0.12 0.96 0.72 0.35 0.27 0.20 0.17 16.50 21.07 0.35 0.45 0.62 23.80 0.44 0.35 0.13 0.10 0.32 0.41 0.03 0.03 0.10 0.14 0.07 0.23 0.08 0.12 0.28 0.79 0.32 0.25 17.90 9.69 7.60 1.12 0.91 0.14 0.10 0.27 0.22 1.93 0.48 0.38 0.29 0.22 0.80 121.06 154.61 0.05 0.58 0.55 0.44 31.73 0.20 0.08 14.23 0.66 0.03 0.06 2.08 1.64 0.13 0.18

12-month Change

Stock

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

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

0.07 0.04 0.03 1.34 1.07 0.00 0.00 0.00 0.01 0.02 0.04 0.06 0.39 0.46 0.04 0.00 0.01 0.01 0.02 0.02 0.00 0.00 0.98 0.90 0.00 0.00 0.00 0.51 0.60 0.02 0.00 0.02 0.04 0.01 0.05 0.00 0.00 0.02 0.01 0.09 0.10 0.01 0.01 0.01 0.00 0.01 0.00 0.01 0.00 0.04 0.04 0.09 0.05 0.04 0.02 0.01 0.28 0.38 0.09 0.12 0.17 0.03 0.05 0.01 0.01 0.01 0.05 0.03 0.02 0.01 0.01 0.00 0.02 0.07 0.02 0.03 0.04 0.00 0.21 0.03 0.01 0.00 0.02 0.03 0.00 0.07 0.06 0.00 0.01 1.62 2.00 0.04 0.05 0.08 2.50 0.05 0.04 0.03 0.02 0.05 0.07 0.00 0.00 0.00 0.03 0.01 0.00 0.02 0.03 0.04 0.09 0.03 0.02 1.10 0.20 0.18 0.02 0.02 0.02 0.01 0.06 0.05 0.05 0.08 0.00 0.08 0.06 0.11 1.73 2.28 0.00 0.01 0.05 0.05 4.82 0.01 0.01 0.47 0.07 0.00 0.00 0.25 0.20 0.01 0.02

0.21 0.38 0.28 6.32 4.82 0.21 0.11 0.08 0.05 0.06 0.51 0.65 13.66 17.99 0.37 0.27 0.33 0.25 0.55 0.71 0.19 0.25 23.20 18.19 0.11 0.17 0.17 2.47 3.14 0.92 0.28 0.37 0.34 0.48 0.85 0.63 0.49 0.16 0.24 0.39 0.60 1.02 0.06 0.95 0.71 0.90 0.24 0.14 0.11 0.62 3.90 6.15 0.94 1.19 0.20 0.11 8.24 10.50 0.60 0.31 0.63 0.60 0.72 0.25 0.19 0.15 0.31 0.24 0.63 0.56 0.17 0.11 1.77 2.25 0.15 1.33 1.75 0.18 0.90 0.20 0.33 0.20 0.24 1.31 0.97 0.41 0.33 0.30 0.21 24.01 30.75 0.47 0.60 0.70 26.72 0.61 0.46 0.14 0.10 0.38 0.49 0.05 0.04 0.14 0.18 0.20 0.51 0.09 0.12 0.48 0.90 0.37 0.30 20.40 12.61 9.85 1.56 1.21 0.15 0.12 0.29 0.28 5.34 0.50 0.38 0.29 0.22 0.88 166.11 222.15 0.08 1.95 0.84 0.89 32.49 0.95 0.17 18.11 0.71 0.04 0.06 7.78 3.94 0.26 0.33

0.03 0.05 0.04 1.10 0.78 0.03 0.04 0.02 0.02 0.01 0.16 0.23 4.63 6.60 0.05 0.14 0.04 0.03 0.09 0.13 0.02 0.03 8.40 5.92 0.05 0.06 0.06 0.09 0.12 0.10 0.05 0.08 0.20 0.12 0.05 0.14 0.02 0.00 0.01 0.16 0.10 0.00 0.01 0.19 0.00 0.05 0.05 0.01 0.00 0.19 2.20 1.55 0.30 0.42 0.05 0.06 0.00 3.49 0.07 0.04 0.01 0.17 0.11 0.03 0.02 0.03 0.02 0.01 0.10 0.09 0.02 0.02 0.77 1.00 0.02 0.19 0.27 0.05 0.00 0.12 0.04 0.10 0.03 0.31 0.21 0.08 0.05 0.05 0.03 4.17 5.30 0.09 0.12 0.08 4.71 0.13 0.08 0.03 0.02 0.07 0.10 0.01 0.01 0.02 0.03 0.05 0.04 0.01 0.02 0.05 0.08 0.06 0.10 5.16 2.05 1.47 0.26 0.14 0.04 0.03 0.05 0.03 0.91 0.10 0.15 0.04 0.03 0.11 77.18 105.93 0.00 0.04 0.16 0.18 4.82 0.08 0.05 5.53 0.14 0.01 0.00 1.44 1.05 0.02 0.03

0.32 0.32 0.40 0.40 unch 0.17 0.19 + 0.22 0.26 + 0.08 0.10 + 0.10 0.11 + 0.08 0.09 + 0.20 0.22 0.26 0.28 0.25 0.35 + 0.00 0.23 + 1.46 1.61 + 1.13 1.26 + 0.07 0.07 + 0.09 0.09 0.02 0.02 unch 0.11 0.13 + 0.00 0.17 + 0.86 0.91 1.10 1.15 0.16 0.17 0.19 0.21 0.29 0.43 + + 0.39 0.56 0.45 0.45 0.34 0.35 15.45 18.27 + 12.00 14.62 + 0.16 0.16 unch 0.74 0.87 + 0.58 0.68 + 0.00 0.28 unch 0.35 0.35 0.21 0.24 +

0.04 0.00 0.03 0.04 0.01 0.01 0.01 0.03 0.03 0.09 0.01 0.14 0.10 0.00 0.01 0.00 0.01 0.03 0.01 0.03 0.01 0.01 0.10 0.16 0.02 0.01 1.44 1.41 0.00 0.09 0.08 0.00 0.03 0.02

0.87 1.20 0.48 0.63 0.13 0.18 0.09 0.30 0.41 0.45 0.33 2.80 2.12 0.14 0.20 0.03 3.95 0.39 1.57 2.09 0.24 0.30 0.73 0.99 1.10 0.82 31.08 24.00 0.16 0.97 0.77 0.33 0.61 0.40

0.13 0.14 0.15 0.20 0.03 0.03 0.02 0.03 0.05 0.10 0.02 0.80 0.56 0.02 0.03 0.01 0.06 0.09 0.21 0.29 0.03 0.02 0.20 0.37 0.40 0.34 7.77 5.78 0.16 0.39 0.16 0.28 0.02 0.15

G-H 35 168 113 501 455 1135 1894 659 723 91 17 925 9926 317 1136 196 14 114 250 661 73 381 583 2383 223 27 370 10116 10 1681 348 120 137 823

0.34 0.44 0.22 0.29 0.10 0.13 0.09 0.25 0.32 0.41 0.23 1.68 1.30 0.09 0.10 0.02 0.13 0.17 1.00 1.25 0.17 0.22 0.44 0.56 0.49 0.38 31.08 24.00 0.16 0.87 0.68 0.28 0.38 0.27

(100s)

High Low

Exc Volume O 253 C 35 V 336 V 2239 O 340 C 701 O 1201 V 209 V 307 O 249 O 13 V 46 V 57 O 15 O 1223 V 810 V 147 O 1 O 99 V 301 V 3 V 11 O 23 V 352 O 239 O 171 V 1309 O 274 O 1700 O 537 T 2048 O 66843 V 32244 O 250 V 748 O 1 O 1055 C 6196 O 2 O 130 T 402 O 6 V 201 O 3989089 O 173 C 618 V 31 T 3198 C 101 C 127 O 658 V 1590 O 0 N 30284 O 326 V 11974 V 1389 O 68 C 702 V 448 C 797 O 28 C 1304 O 61 V 35 X 9130 V 654 T 1823 X 37546 V 486 C 1494 V 1027 O 69 V 7 O 3 V 1682 C 25 O 298 V 296 V 15471 V 765 O 394 O 1077 C 373 O 0 V 245 V 1367 O 98 V 18 V 785 O 10 C 1976 C 542 X 38918 T 1182 O 25 V 135 V 1122 V 246 V 122 T 58 O 7 X 2098 O 160 V 2703 O 1620 V 30 O 39 V 411 O 7 O 3310 T 1936 O 554 O 2 V 33 T 2570 V 276 O 61 V 1211 C 910 O 15 O 2994 C 64 O 824 V 2887 V 788 O 9 V 37 O 501 V 845 V 233 V 6403 O 3096 V 114 O 85 O 49 V 1128 O 1139 V 2114 T 1425 O 206 V 2455 O 1002 O 256 V 733 O 243 V 554 O 36 V 1456 O 1630 O 4991 V 13145 C 341 V 22 V 367 O 124 O 724 X 34922 T 3330 O 526 C 255 O 150 V 775 V 53 V 343 O 3180 V 107 C 22 O 22 V 910 O 375 O 128 V 754 V 4 V 267 O 1103 V 724 O 59 V 219 V 954 O 85 O 5

Week Last

12-month

High

Low

Change

0.21 0.19 0.20 0.42 0.32 0.54 0.42 0.05 0.17 0.14 0.20 0.28 0.18 0.15 0.64 0.77 0.10 0.10 0.49 0.62 0.19 0.11 0.09 0.23 0.18 0.06 0.08 3.60 7.12 1.31 1.66 1.00 1.29 0.20 0.26 1.50 0.14 0.18 0.05 0.67 0.86 0.19 0.25 0.00 0.04 0.05 0.32 2.88 0.60 0.30 0.43 0.53 9.30 9.68 0.12 0.15 0.45 0.20 0.26 1.21 0.08 0.07 0.19 1.55 1.86 3.20 0.03 1.04 0.82 2.96 0.17 0.10 0.08 0.14 0.10 0.05 0.30 0.11 0.13 0.52 0.20 0.16 0.01 0.26 0.13 0.16 0.13 0.29 0.21 0.38 0.28 0.39 0.16 1.30 1.65 0.16 0.23 0.14 3.02 0.11 5.12 3.00 3.99 0.01 0.58 0.44 7.50 5.85 0.09 0.07 0.04 0.05 0.75 0.12 0.15 2.41 0.82 0.64 0.39 0.06 0.04 0.05 0.27 0.09 0.12 0.14 0.22 0.31 0.45 0.54 0.09 0.35 0.27 0.33 0.26 0.05 0.07 0.67 0.86 6.63 5.18 0.21 0.16 0.29 0.38 0.17 0.22 0.20 1.55 1.25 0.69 0.89 0.57 0.61 15.75 12.25 0.01 0.99 1.26 0.53 0.07 0.06 0.07 1.14 0.12 0.24 0.18 0.18 0.06 0.18 0.15 0.05 0.07 0.17 0.10 0.32 0.41 0.05 0.36 2.67 2.08 0.00

0.16 0.19 + 0.00 0.19 0.19 0.20 + 0.36 0.38 + 0.27 0.29 + 0.44 0.50 0.35 0.39 0.00 0.05 unch 0.00 0.17 + 0.11 0.12 0.20 0.20 0.23 0.28 + 0.15 0.18 unch 0.11 0.15 + 0.52 0.55 + 0.69 0.70 + 0.00 0.09 0.00 0.06 0.43 0.49 + 0.56 0.62 + 0.15 0.15 unch 0.11 0.11 unch 0.09 0.09 0.21 0.22 unch 0.16 0.17 0.04 0.06 + 0.06 0.07 + 3.33 3.59 + 6.59 7.11 + 1.12 1.30 + 1.41 1.66 + + 0.18 0.76 0.23 0.96 + 0.14 0.19 + 0.17 0.26 + 1.50 1.50 0.11 0.12 + 0.14 0.16 + 0.05 0.05 unch 0.56 0.61 0.70 0.78 0.16 0.18 + 0.21 0.22 0.00 0.00 + 0.03 0.03 0.04 0.05 unch 0.28 0.28 + 2.46 2.54 0.26 0.55 + 0.29 0.30 + 0.36 0.38 + 0.47 0.50 + 0.00 9.30 unch 8.67 9.29 0.07 0.11 + 0.08 0.15 + 0.35 0.45 + 0.18 0.18 0.21 0.22 1.11 1.14 0.07 0.08 unch 0.05 0.05 0.13 0.14 + 1.35 1.49 + 1.70 1.78 2.82 3.03 + 0.02 0.02 unch 0.84 0.91 + 0.66 0.72 + 2.50 2.74 0.14 0.17 + 0.08 0.10 + 0.06 0.08 + 0.00 0.13 0.10 0.10 unch 0.02 0.03 + 0.25 0.30 + 0.09 0.11 + 0.12 0.12 unch 0.12 0.41 + 0.17 0.17 0.13 0.13 0.00 0.00 0.20 0.22 0.00 0.10 0.00 0.16 + 0.12 0.13 + 0.08 0.11 + 0.00 0.21 0.29 0.31 0.25 0.25 0.32 0.34 0.13 0.14 + 0.78 0.87 + + 1.00 1.11 0.16 0.16 0.19 0.19 0.13 0.14 unch 2.85 2.95 0.09 0.10 + 4.69 4.90 + 1.10 1.75 + 3.64 3.84 + 0.00 0.01 + 0.41 0.50 + 0.31 0.39 + 6.91 7.36 + 5.41 5.52 + 0.07 0.09 + 0.05 0.05 0.03 0.03 + 0.04 0.05 + 0.69 0.72 0.00 0.12 unch 0.00 0.13 unch 2.17 2.37 + 0.68 0.77 + 0.53 0.63 + 0.35 0.36 + 0.05 0.06 + 0.03 0.03 0.02 0.03 0.23 0.25 + 0.07 0.09 + 0.10 0.12 + 0.09 0.14 + 0.21 0.22 + 0.28 0.29 + 0.32 0.41 + 0.41 0.52 + 0.08 0.09 unch 0.23 0.34 + 0.18 0.26 + 0.30 0.30 0.23 0.23 0.05 0.05 + 0.07 0.07 unch 0.58 0.60 + 0.75 0.77 + 6.24 6.30 + 4.87 4.96 + 0.16 0.18 unch 0.13 0.14 0.25 0.27 0.32 0.37 + 0.14 0.17 + 0.19 0.21 + 0.00 0.16 0.94 1.49 + 0.73 1.14 + 0.35 0.68 + 0.46 0.87 + 0.48 0.48 unch 0.00 0.61 14.74 15.01 + 11.50 11.75 + 0.01 0.01 0.79 0.84 + 1.01 1.06 unch 0.43 0.47 + 0.05 0.06 0.06 0.06 unch 0.05 0.07 + 0.86 1.14 + 0.10 0.11 unch 0.19 0.22 0.15 0.15 unch 0.10 0.10 unch 0.06 0.06 unch 0.15 0.16 + 0.11 0.14 + 0.04 0.05 0.06 0.06 0.17 0.17 0.09 0.10 + 0.26 0.29 + 0.34 0.38 + 0.03 0.03 + 0.00 0.30 2.20 2.63 + 1.75 2.04 + 0.00 0.00 unch

0.01 0.01 0.01 0.03 0.01 0.05 0.03 0.00 0.01 0.01 0.01 0.04 0.00 0.03 0.03 0.03 0.01 0.04 0.01 0.02 0.00 0.00 0.00 0.00 0.01 0.01 0.01 0.24 0.46 0.16 0.20 0.60 0.74 0.04 0.08 0.01 0.01 0.03 0.00 0.03 0.06 0.01 0.02 0.00 0.01 0.00 0.01 0.05 0.30 0.02 0.05 0.02 0.00 0.04 0.04 0.07 0.06 0.02 0.02 0.07 0.00 0.02 0.01 0.04 0.07 0.21 0.00 0.03 0.01 0.20 0.01 0.02 0.01 0.04 0.00 0.01 0.05 0.02 0.00 0.28 0.01 0.00 0.00 0.03 0.02 0.01 0.01 0.01 0.02 0.05 0.02 0.03 0.01 0.04 0.05 0.02 0.01 0.00 0.05 0.02 0.10 0.65 0.08 0.00 0.04 0.02 0.36 0.07 0.01 0.01 0.01 0.01 0.00 0.00 0.00 0.06 0.04 0.08 0.01 0.01 0.01 0.00 0.03 0.01 0.02 0.02 0.00 0.02 0.09 0.15 0.00 0.09 0.06 0.01 0.04 0.00 0.00 0.00 0.03 0.03 0.03 0.00 0.01 0.01 0.03 0.02 0.02 0.00 0.51 0.37 0.33 0.43 0.00 0.04 0.06 0.16 0.00 0.03 0.00 0.01 0.01 0.00 0.01 0.28 0.00 0.02 0.00 0.00 0.00 0.02 0.02 0.00 0.01 0.01 0.01 0.02 0.03 0.00 0.01 0.36 0.30 0.00

(100s)

High Low

Stock

0.38 0.32 0.25 0.42 0.33 0.57 0.44 0.10 0.31 0.24 0.29 0.45 0.30 0.22 1.84 2.44 0.21 0.14 0.51 0.65 0.22 0.20 0.13 0.48 0.37 0.10 0.14 3.94 7.77 1.35 1.68 1.00 1.29 0.28 0.45 2.35 0.14 0.19 0.80 0.67 0.86 0.27 0.35 0.00 0.14 0.16 0.35 2.88 0.60 0.50 0.56 0.71 15.00 14.90 0.13 0.17 0.49 0.52 0.75 1.38 0.26 0.18 0.30 2.02 2.70 6.24 0.04 1.50 1.14 4.62 0.35 0.14 0.11 0.18 0.11 0.05 0.30 0.13 0.18 0.52 0.22 0.17 0.01 0.28 0.13 0.20 0.38 0.32 0.44 0.50 0.28 0.72 0.36 1.30 1.65 0.25 0.38 0.31 3.36 0.20 6.89 3.00 5.20 0.01 0.65 0.60 8.32 6.43 0.12 0.09 0.07 0.10 0.83 0.12 0.20 3.85 1.14 0.86 0.50 0.08 0.05 0.05 0.59 0.14 0.19 0.30 0.29 0.38 0.53 0.68 0.17 0.35 0.27 0.51 0.39 0.06 0.09 0.74 0.95 8.40 6.61 0.34 0.26 0.52 0.68 0.20 0.24 1.01 1.55 1.25 0.75 0.89 0.89 0.88 19.83 14.62 0.02 1.07 1.42 0.73 0.10 0.07 0.08 1.30 0.14 0.30 0.20 0.18 0.10 0.27 0.20 0.07 0.10 0.20 0.14 0.50 0.48 0.07 0.67 2.67 2.08 0.00

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

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

0.10 0.14 0.07 0.09 0.06 0.07 0.05 0.02 0.07 0.05 0.02 0.03 0.05 0.05 0.09 0.13 0.05 0.01 0.04 0.04 0.10 0.08 0.07 0.15 0.11 0.04 0.06 1.29 2.51 0.18 0.23 0.03 0.02 0.11 0.05 0.55 0.03 0.03 0.00 0.19 0.26 0.05 0.08 0.00 0.01 0.02 0.20 0.37 0.20 0.10 0.01 0.02 4.09 3.79 0.02 0.02 0.24 0.18 0.18 0.76 0.05 0.05 0.04 1.17 1.50 2.02 0.01 0.46 0.27 0.75 0.11 0.02 0.02 0.09 0.06 0.02 0.12 0.05 0.07 0.04 0.09 0.06 0.00 0.03 0.02 0.04 0.04 0.02 0.06 0.06 0.25 0.32 0.07 0.13 0.20 0.04 0.04 0.10 0.66 0.03 2.56 0.17 1.85 0.00 0.03 0.03 3.10 5.11 0.06 0.04 0.01 0.02 0.11 0.12 0.06 0.85 0.20 0.14 0.09 0.02 0.01 0.01 0.07 0.04 0.07 0.09 0.12 0.12 0.00 0.12 0.02 0.08 0.05 0.10 0.08 0.03 0.03 0.07 0.10 2.88 2.10 0.09 0.06 0.07 0.10 0.08 0.03 0.00 0.15 0.10 0.03 0.03 0.30 0.30 3.68 7.46 0.00 0.23 0.32 0.15 0.04 0.05 0.01 0.06 0.03 0.04 0.14 0.07 0.05 0.08 0.05 0.01 0.02 0.09 0.02 0.09 0.12 0.00 0.08 0.67 0.53 0.00

Exc Volume

Week High

Low

Last

O 245 V 553 O 4 V 4 O 4 V 16 V 38 O 0 O 60 V 291 V 252 O 224 V 99 V 294 V 861 O 22 N 24619 T 1710 O 317 O 5 V 27 V 910 O 19 V 138 N 126805 O 192 V 286 O 91 O 6 V 170 V 107 C 15 V 260 O 101 V 342 O 509 V 456 V 104 O 1 C 16181 O 38 O 192 V 1720 O 262 T 251 N 4198 T 4716 V 107 O 90 O 21 V 277 V 87 V 10

0.07 0.08 0.55 0.70 0.09 0.11 0.05 0.00 0.08 0.10 0.50 0.40 0.42 0.11 0.46 0.32 4.63 0.15 0.12 0.13 0.17 0.03 0.03 0.88 8.45 1.29 1.63 1.03 0.50 0.68 0.06 0.27 0.02 1.17 1.49 0.06 0.08 0.39 0.27 0.09 0.05 3.77 0.08 0.07 0.16 6.24 7.96 0.27 0.23 0.10 0.13 0.36 0.04

0.05 0.07 0.45 0.58 0.07 0.10 0.04 0.00 0.00 0.00 0.45 0.36 0.40 0.10 0.38 0.31 4.10 0.14 0.11 0.12 0.16 0.03 0.00 0.78 5.23 1.04 1.33 0.87 0.48 0.58 0.04 0.27 0.01 1.01 1.31 0.05 0.07 0.35 0.27 0.03 0.03 2.86 0.06 0.04 0.15 5.80 7.47 0.26 0.20 0.02 0.11 0.30 0.04

0.06 0.08 0.45 0.58 0.08 0.11 0.04 0.05 0.08 0.08 0.46 0.37 0.42 0.11 0.40 0.31 4.32 0.15 0.12 0.12 0.16 0.03 0.02 0.80 6.12 1.19 1.52 1.02 0.50 0.61 0.06 0.27 0.01 1.05 1.35 0.06 0.08 0.38 0.27 0.04 0.03 3.22 0.06 0.06 0.15 6.23 7.93 0.26 0.21 0.09 0.12 0.31 0.04

O 332 V 343 T 5009 N 20068 O 222 V 3313 O 789 O 516 C 658 V 613 C 61 C 2186 O 1049 O 1005 V 1849 V 3988 O 4 O 48 T 273 O 276 V 886 O 253 V 227 O 4251 V 331 O 85 O 0 V 208 O 384 V 1720 C 257 O 5918 V 475 O 1 V 15 V 266 X 380 V 87 O 8 V 1 O 13 O 790 C 472 O 16 V 1 O 484 C 4196 O 54 V 394 V 3158 O 1930 V 9642 O 50 V 396 O 47 V 51 O 667532 X 2064 T 143 V 492 O 13 N 962 O 45 T 448 O 181 V 471 V 465 O 81 O 132 V 708 O 429 C 375 V 1484 O 100 V 80 O 76 O 465 T 4826 C 23 O 2 V 64 V 92 T 1111 O 261 V 1004 O 229 O 0 V 5 O 225 V 409 V 176 O 92 V 70 V 1630 O 2490 O 426 C 1204 T 908 O 400 V 2606 V 38 O 88 O 50 V 373 O 75 V 833 O 284 T 3076 O 803 V 30 V 224 O 33 V 351 C 57 T 119 V 51 O 628 O 848806 O 3140 V 1514 V 223 O 69 V 234 V 2387 V 682 O 42

0.04 0.06 4.52 3.54 0.10 0.25 0.20 0.14 0.18 0.04 0.14 0.31 0.24 0.15 0.20 1.22 14.50 3.61 4.66 0.20 0.23 0.40 0.50 0.03 0.14 0.10 0.06 0.09 0.07 0.09 0.39 0.02 0.11 0.05 0.07 4.49 3.60 0.44 0.31 0.14 0.14 0.49 0.61 0.04 0.00 0.04 0.05 1.06 1.35 0.08 0.06 0.04 0.05 0.07 0.09 0.11 0.00 1.47 1.87 0.17 0.12 28.90 0.41 0.52 0.21 0.28 0.04 0.02 0.42 0.54 1.55 1.98 2.20 0.62 0.80 0.10 5.17 6.54 0.35 0.06 0.10 0.04 9.54 8.00 0.42 0.32 0.00 0.08 0.07 0.09 0.14 0.10 0.32 0.50 0.43 0.24 0.30 0.71 0.15 0.18 0.69 0.19 0.19 0.28 2.25 0.57 0.28 8.95 7.16 0.30 0.05 0.04 1.43 0.21 0.26 0.65 2.79 0.00 0.04 0.05 0.95 0.15 0.18 0.12 0.02 0.02

12-month Change

High Low

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

0.00 0.01 0.10 0.01 0.00 0.01 0.01 0.00 0.00 0.04 0.03 0.01 0.02 0.01 0.01 0.00 0.13 0.01 0.01 0.01 0.00 0.00 0.01 0.02 0.43 0.03 0.04 0.01 0.07 0.01 0.00 0.00 0.00 0.03 0.09 0.01 0.02 0.04 0.00 0.02 0.01 0.10 0.00 0.01 0.01 0.54 0.65 0.02 0.01 0.00 0.01 0.02 0.00

0.08 0.10 0.67 0.93 0.16 0.40 0.06 0.15 0.11 0.16 0.54 0.41 2.94 0.15 0.46 0.33 7.61 0.22 0.16 0.20 0.29 0.05 0.04 1.35 8.45 1.30 2.25 1.92 0.81 1.11 0.06 0.39 0.03 2.44 3.14 0.06 0.08 0.42 0.29 0.09 0.21 4.35 0.10 0.21 0.20 7.76 9.85 0.38 0.29 0.15 0.20 0.75 0.06

0.02 0.03 0.29 0.43 0.07 0.08 0.01 0.01 0.01 0.02 0.14 0.10 0.39 0.06 0.15 0.17 1.76 0.08 0.05 0.04 0.06 0.01 0.00 0.28 1.40 0.10 0.30 0.55 0.04 0.17 0.02 0.02 0.01 0.42 0.57 0.01 0.02 0.06 0.04 0.02 0.01 0.99 0.01 0.00 0.03 1.23 1.66 0.07 0.04 0.01 0.04 0.05 0.03

0.03 0.04 + 0.03 0.05 + 4.32 4.50 + 3.36 3.52 + 0.07 0.10 + 0.19 0.24 + 0.15 0.19 + 0.12 0.12 0.15 0.16 0.03 0.03 unch 0.00 0.14 + 0.23 0.31 + 0.18 0.24 + 0.12 0.13 + 0.15 0.17 unch 0.91 0.97 13.70 14.50 + 3.16 3.56 + 4.05 4.62 + 0.15 0.17 + 0.19 0.22 + 0.34 0.37 0.45 0.47 0.02 0.03 + 0.12 0.13 + 0.09 0.09 0.06 0.06 unch 0.07 0.09 + 0.06 0.06 0.07 0.08 0.34 0.35 0.00 0.01 + 0.08 0.11 + 0.05 0.05 unch 0.00 0.06 unch 4.24 4.25 + 3.32 3.32 + 0.41 0.44 + 0.31 0.31 unch 0.00 0.14 unch 0.14 0.14 unch 0.31 0.41 + 0.40 0.55 + 0.00 0.04 unch 0.00 0.05 unch 0.03 0.04 + 0.03 0.05 + 0.00 1.06 + 1.15 1.34 + 0.07 0.07 + 0.05 0.05 + 0.02 0.02 0.05 0.05 0.07 0.07 unch 0.00 0.07 0.10 0.11 + 0.00 0.00 1.30 1.36 + 1.69 1.72 + 0.14 0.15 + 0.11 0.11 23.08 26.61 + 0.36 0.36 + 0.45 0.45 0.16 0.21 + 0.21 0.27 + 0.03 0.04 + 0.02 0.02 0.32 0.40 + 0.47 0.51 + 1.34 1.49 1.71 1.87 1.87 2.12 + 0.49 0.61 + 0.71 0.78 + 0.09 0.10 + 4.69 5.09 + 6.22 6.49 + 0.31 0.35 + 0.00 0.06 + 0.08 0.09 + 0.04 0.04 + 8.34 9.26 + 6.50 7.19 + 0.36 0.41 + 0.27 0.32 + 0.00 0.13 unch 0.08 0.08 unch 0.06 0.07 + 0.08 0.08 + 0.11 0.14 + 0.00 0.09 0.29 0.30 0.46 0.48 0.33 0.38 0.17 0.22 0.23 0.27 0.66 0.67 + 0.10 0.14 + 0.12 0.16 + 0.68 0.68 unch 0.18 0.18 + 0.17 0.18 + 0.23 0.25 + 0.00 1.93 + 0.46 0.48 0.21 0.25 8.49 8.74 + 6.62 6.88 + 0.28 0.28 0.05 0.05 + 0.04 0.04 + 1.20 1.26 0.00 0.20 0.23 0.26 + + 0.50 0.62 2.54 2.79 + 0.00 0.00 + 0.03 0.03 + 0.03 0.04 + 0.82 0.95 + 0.13 0.13 0.17 0.17 0.10 0.10 0.02 0.02 unch 0.00 0.01 -

0.01 0.01 0.16 0.14 0.03 0.04 0.04 0.01 0.02 0.00 0.01 0.06 0.04 0.00 0.00 0.01 0.80 0.13 0.23 0.01 0.02 0.02 0.05 0.01 0.01 0.01 0.00 0.02 0.00 0.01 0.05 0.01 0.03 0.00 0.00 0.07 0.06 0.03 0.00 0.00 0.00 0.06 0.11 0.00 0.00 0.01 0.02 0.19 0.12 0.01 0.00 0.01 0.01 0.00 0.02 0.01 0.00 0.05 0.05 0.01 0.01 3.88 0.01 0.02 0.03 0.05 0.01 0.01 0.01 0.01 0.05 0.09 0.15 0.12 0.08 0.00 0.34 0.38 0.04 0.01 0.01 0.01 0.88 0.65 0.06 0.04 0.00 0.00 0.01 0.01 0.02 0.01 0.02 0.01 0.01 0.00 0.01 0.01 0.02 0.03 0.00 0.01 0.01 0.03 0.63 0.08 0.00 0.16 0.19 0.03 0.01 0.00 0.19 0.01 0.02 0.12 0.22 0.00 0.01 0.01 0.08 0.01 0.01 0.02 0.00 0.00

0.04 0.06 7.07 5.35 0.14 0.25 0.20 0.47 0.44 0.04 0.18 1.00 0.73 0.38 0.50 1.25 14.50 4.90 6.25 0.90 0.24 0.67 0.86 0.08 0.23 0.17 0.06 0.15 0.10 0.14 0.63 0.02 0.25 0.05 0.09 5.90 5.50 0.48 0.34 0.33 0.25 0.49 0.61 0.04 0.06 0.07 0.09 1.17 1.55 0.08 0.07 0.04 0.08 0.11 0.15 0.23 0.00 2.27 3.07 0.20 0.13 28.90 0.78 1.11 0.26 0.33 0.04 0.03 0.48 0.59 3.46 4.60 2.66 0.62 0.80 0.15 6.16 7.83 0.42 0.13 0.18 0.08 9.54 8.50 0.45 0.34 0.13 0.18 0.09 0.14 0.14 0.10 0.38 0.53 0.44 1.75 0.30 0.91 0.20 0.18 0.90 0.22 0.26 0.35 2.25 0.96 0.65 8.95 7.16 0.40 0.07 0.06 1.49 0.30 0.33 1.28 3.57 0.00 0.06 0.08 1.75 0.37 0.47 0.20 0.03 0.04

0.01 0.02 2.00 1.44 0.01 0.04 0.02 0.05 0.07 0.01 0.04 0.10 0.07 0.06 0.08 0.22 4.60 0.70 0.99 0.08 0.03 0.07 0.17 0.01 0.03 0.01 0.02 0.06 0.03 0.03 0.34 0.00 0.03 0.02 0.03 1.53 3.06 0.16 0.13 0.09 0.08 0.05 0.07 0.01 0.01 0.00 0.01 0.02 0.10 0.03 0.02 0.01 0.01 0.01 0.06 0.08 0.00 0.33 0.43 0.02 0.02 6.00 0.13 0.17 0.08 0.10 0.01 0.01 0.13 0.27 1.02 1.45 0.23 0.14 0.21 0.03 1.35 1.80 0.20 0.02 0.04 0.01 1.30 0.91 0.21 0.12 0.03 0.03 0.03 0.03 0.01 0.00 0.14 0.11 0.05 0.08 0.06 0.31 0.04 0.01 0.38 0.03 0.06 0.11 0.20 0.11 0.07 1.55 1.12 0.25 0.04 0.02 0.13 0.11 0.09 0.10 2.30 0.00 0.02 0.02 0.82 0.02 0.03 0.01 0.01 0.00

I-J-K

(100s) Stock

Exc Volume

Week

12-month

High

Low

0.18 0.20 unch 0.05 0.05 + 0.05 0.05 unch 0.13 0.15 0.00 0.19 + 0.00 0.01 unch 0.15 0.16 0.13 0.13 + 8.81 9.28 + 6.85 7.24 + 0.12 0.12 0.40 0.40 unch 0.00 0.29 47.90 48.98 37.34 38.34 0.23 0.24 + 0.17 0.19 + 0.11 0.12 0.14 0.15 unch 1.22 1.30 + 0.22 0.22 + 0.27 0.30 + 0.26 0.30 + 0.34 0.38 + 0.09 0.13 + 0.07 0.11 + 1.05 1.10 unch 0.99 1.06 0.26 0.38 + 2.10 2.24 1.65 1.78 0.01 0.02 + 0.01 0.02 +

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

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

669 2 50 935 33 0 47 17 24746 74198 533 15 2 5281 10464 352 157 1994 9993 78 567 1566 2336 4931 1794 96 843 1039 515 970 680 6538 94

0.22 0.05 0.06 0.16 0.19 0.00 0.18 0.15 9.34 7.30 0.14 0.40 0.31 50.60 39.54 0.25 0.20 0.18 0.25 1.32 0.27 0.35 0.40 0.45 0.15 0.14 1.28 1.23 0.40 2.95 2.31 0.02 0.02

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

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

4 579 1246 1951 17 1437 46090 36 1365 62268 5374 3302 578 1933 74 30 219 57 2 67 307 471 20962 2565 0 193 90 236 3854 905 40 52 345 50 2328 0 73 701 1083 3739 32219 1671 546 2265 60 576 0 133 7 32 1 1 4481 2616 34 289 30 3 54 27 1 714 60 1481 10 23 780 1367 209 1087 540 8556 16 126 805 1148 2298

0.05 0.31 0.40 0.34 26.50 33.95 0.27 0.75 0.37 0.06 1.50 1.93 0.16 0.20 0.17 0.22 0.20 0.16 0.03 0.05 0.35 0.28 2.92 0.30 0.14 0.56 0.01 0.08 0.10 1.33 0.79 0.69 0.04 0.21 0.15 0.00 0.13 1.67 1.30 27.35 21.37 0.42 0.33 0.43 0.22 0.31 0.00 0.12 0.07 0.14 0.30 0.00 0.13 0.11 0.44 0.59 0.84 4.66 5.99 0.20 0.13 0.78 0.07 0.08 0.26 0.38 0.70 0.89 0.67 10.74 9.60 12.18 0.05 0.07 0.02 4.07 4.13

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

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

645 2172 908 1083 2703 16 350 160 0 90 92 303 434 155 972 304 83 483 1449 3553 13 347 450 86 4994 8524 186 36 68 2992 680 1518 2204 475 4299 324 598 293 6 145 4612 167 2069 440 1 2505 973 194 4912 215 420 1031 243 694 1335 1474 41 2 239 24 96336 6601 245 24 654 436

0.50 0.63 0.06 0.07 31.21 1.05 1.12 0.88 0.00 0.19 0.07 0.05 0.06 0.29 0.37 0.43 0.55 1.40 0.31 0.39 0.15 0.14 2.70 2.11 0.55 0.69 0.09 0.06 0.06 0.09 0.10 0.27 0.34 2.40 2.98 0.06 0.08 3.50 2.72 0.43 0.16 0.18 299.32 0.19 1.40 0.85 0.66 0.20 0.06 0.02 7.10 5.56 0.26 0.34 0.37 0.07 0.06 0.90 0.17 0.68 1.60 1.95 0.07 0.75 1.92 0.32

Last

21

Change

High Low

0.00 0.01 0.00 0.01 0.02 0.00 0.01 0.01 0.35 0.26 0.02 0.00 0.02 0.16 0.08 0.01 0.01 0.00 0.00 0.08 0.01 0.01 0.02 0.03 0.04 0.03 0.00 0.15 0.13 0.08 0.06 0.01 0.00

0.57 0.05 0.07 0.23 0.30 0.01 0.22 0.15 13.59 10.32 0.15 0.45 0.33 76.43 57.69 0.39 0.29 0.26 0.34 2.51 0.35 0.54 0.46 0.54 3.00 1.16 1.55 2.01 0.40 3.13 2.47 0.02 0.02

0.06 0.00 0.02 0.06 0.05 0.00 0.09 0.07 4.00 2.72 0.05 0.05 0.01 25.67 18.03 0.14 0.10 0.01 0.02 0.12 0.05 0.05 0.08 0.12 0.07 0.06 0.09 0.15 0.03 0.45 0.32 0.01 0.00

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

0.00 0.03 0.01 0.03 1.63 1.95 0.02 0.01 0.04 0.05 0.03 0.04 0.00 0.05 0.02 0.00 0.01 0.01 0.00 0.00 0.01 0.01 0.39 0.03 0.06 0.11 0.00 0.01 0.01 0.06 0.06 0.03 0.00 0.00 0.00 0.00 0.00 0.01 0.03 0.11 0.02 0.09 0.06 0.02 0.03 0.05 0.00 0.03 0.00 0.06 0.07 0.00 0.01 0.00 0.03 0.05 0.02 0.00 0.11 0.03 0.03 0.01 0.00 0.00 0.00 0.05 0.01 0.01 0.01 0.46 0.58 0.76 0.00 0.01 0.00 0.18 0.15

0.12 0.50 0.63 0.95 29.25 35.75 0.50 1.02 0.40 0.06 1.72 2.18 0.16 0.22 0.18 0.23 0.24 0.18 0.05 0.09 0.43 0.33 3.50 0.42 0.50 1.00 0.01 0.16 0.22 1.82 0.90 1.00 0.20 0.30 0.35 0.27 0.28 2.66 2.00 36.60 28.75 0.44 0.35 0.60 0.26 0.33 0.11 0.14 0.20 0.28 18.09 0.60 0.17 0.13 0.66 0.89 2.33 5.51 7.50 0.27 0.20 0.90 0.22 0.27 0.37 0.58 0.91 1.19 1.08 13.49 10.04 12.60 0.05 0.08 0.07 4.50 4.42

0.01 0.10 0.10 0.00 9.71 13.25 0.02 0.45 0.10 0.00 0.40 0.56 0.10 0.08 0.04 0.05 0.09 0.09 0.03 0.04 0.01 0.03 0.14 0.14 0.01 0.09 0.00 0.02 0.03 0.38 0.40 0.01 0.02 0.19 0.08 0.08 0.05 0.72 0.50 2.90 1.92 0.10 0.07 0.07 0.03 0.03 0.03 0.03 0.04 0.04 0.00 0.06 0.02 0.01 0.22 0.32 0.32 2.66 1.95 0.09 0.09 0.40 0.04 0.06 0.17 0.16 0.29 0.46 0.41 5.82 2.82 4.08 0.00 0.01 0.00 0.55 0.58

0.40 0.43 + 0.51 0.57 + 0.04 0.05 + 0.06 0.06 22.62 23.22 0.81 0.96 unch 0.99 1.08 + 0.75 0.88 + 0.00 0.15 unch 0.17 0.19 + 0.07 0.07 unch 0.04 0.04 + 0.05 0.06 + 0.27 0.28 0.31 0.32 0.35 0.40 0.47 0.52 unch 1.04 1.32 + 0.25 0.27 0.32 0.35 0.10 0.15 + 0.10 0.12 unch 2.26 2.63 + 1.79 2.05 + 0.41 0.52 + 0.54 0.66 + 0.00 0.09 + 0.05 0.05 + 0.06 0.06 0.08 0.09 + 0.08 0.08 0.22 0.24 0.29 0.31 2.01 2.31 + 2.59 2.94 + 0.04 0.06 + 0.06 0.08 + + 3.03 3.48 2.41 2.72 + 0.33 0.37 0.13 0.15 + 0.14 0.14 287.65 297.60 + 0.12 0.17 + 0.00 1.40 0.64 0.82 + 0.50 0.64 + 0.18 0.18 0.05 0.06 unch 0.01 0.02 + 6.50 6.80 + 5.07 5.36 + 0.24 0.25 0.31 0.32 + 0.30 0.31 0.06 0.06 0.05 0.05 + 0.00 0.90 + + 0.14 0.15 0.00 0.59 1.09 1.14 1.40 1.46 0.07 0.07 + 0.51 0.63 + 1.78 1.91 + 0.25 0.30 +

0.06 0.09 0.00 0.01 1.75 0.00 0.05 0.07 0.00 0.03 0.00 0.00 0.01 0.01 0.03 0.00 0.00 0.19 0.01 0.01 0.06 0.00 0.45 0.35 0.04 0.05 0.02 0.00 0.01 0.01 0.01 0.00 0.01 0.11 0.12 0.01 0.03 0.38 0.24 0.01 0.02 0.01 10.19 0.05 1.09 0.19 0.14 0.01 0.00 0.01 0.22 0.20 0.00 0.00 0.01 0.01 0.00 0.01 0.02 0.09 0.07 0.08 0.01 0.03 0.19 0.04

0.50 0.67 0.10 0.15 31.21 1.66 1.89 1.46 0.18 0.48 0.08 0.06 0.08 0.52 0.82 1.27 1.65 1.40 0.50 0.54 0.15 0.15 2.70 2.11 0.85 1.11 0.13 0.09 0.07 0.09 0.15 0.42 0.56 2.74 3.35 0.08 0.11 3.72 2.80 0.63 0.23 0.18 319.01 0.19 2.60 0.85 0.66 0.22 0.07 0.05 7.78 6.10 0.44 0.57 0.55 0.12 0.09 1.00 0.18 0.90 1.60 2.02 0.18 0.75 3.27 0.41

0.04 0.07 0.04 0.05 5.33 0.20 0.24 0.02 0.13 0.16 0.03 0.02 0.04 0.17 0.13 0.30 0.27 0.22 0.18 0.25 0.02 0.02 0.46 0.38 0.04 0.06 0.04 0.02 0.02 0.03 0.08 0.03 0.04 0.52 0.71 0.02 0.03 1.00 0.03 0.33 0.05 0.05 135.08 0.03 0.51 0.12 0.08 0.10 0.02 0.00 3.10 2.51 0.11 0.16 0.06 0.03 0.02 0.03 0.05 0.39 0.53 0.76 0.03 0.14 1.28 0.05

L 0.05 0.27 0.34 0.29 24.76 31.62 0.18 0.69 0.30 0.01 1.38 1.77 0.15 0.15 0.14 0.00 0.19 0.14 0.03 0.00 0.30 0.23 2.30 0.25 0.00 0.45 0.00 0.07 0.09 1.18 0.71 0.35 0.03 0.21 0.11 0.00 0.00 1.44 1.12 24.18 18.83 0.30 0.23 0.37 0.20 0.24 0.00 0.09 0.06 0.07 0.30 0.00 0.10 0.08 0.41 0.53 0.00 4.39 5.55 0.17 0.13 0.69 0.06 0.07 0.26 0.37 0.65 0.84 0.61 10.28 8.75 11.51 0.00 0.00 0.01 3.67 3.60

0.05 0.31 0.37 0.34 26.46 33.80 0.26 0.69 0.35 0.06 1.43 1.83 0.16 0.20 0.14 0.18 0.20 0.14 0.03 0.05 0.30 0.24 2.80 0.29 0.14 0.45 0.01 0.08 0.10 1.25 0.76 0.60 0.03 0.21 0.11 0.12 0.13 1.52 1.18 25.18 19.69 0.40 0.31 0.40 0.22 0.28 0.09 0.09 0.06 0.13 0.30 0.20 0.12 0.09 0.44 0.57 0.75 4.39 5.81 0.17 0.13 0.75 0.06 0.08 0.26 0.38 0.68 0.85 0.65 10.69 9.51 12.16 0.05 0.07 0.01 3.85 3.81

M

22

WWW.NORTHERNMINER.COM

FEBRUARY 15—28, 2021 / THE NORTHERN MINER

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

Exc Volume

Week Low

0.20 0.23 + 0.05 0.06 unch 0.07 0.08 + 0.00 0.00 + 0.00 0.20 unch 0.12 0.16 + 0.16 0.21 + 0.13 0.14 0.11 0.12 + 0.27 0.38 + 0.20 0.28 + 0.07 0.08 + 0.10 0.10 0.77 0.78 unch 0.60 0.61 + 0.18 0.23 + 0.14 0.17 + 0.14 0.14 unch 0.00 0.00 unch 0.04 0.04 0.05 0.05 unch 0.09 0.10 0.08 0.09 + 12.50 13.12 0.65 0.75 + 0.51 0.60 + 0.03 0.03 0.24 0.27 + 2.67 3.50 + 2.09 2.30 + 0.07 0.08 0.09 0.10 0.13 0.22 + 0.00 0.35 + 0.10 0.10 unch 0.07 0.09 + 0.05 0.06 + 0.27 0.34 + 8.97 9.38 0.68 0.76 unch 0.00 0.10 unch 0.74 0.74 0.44 0.50 + 0.23 0.24 0.29 0.29 2.82 3.30 + 3.69 4.20 + 0.08 0.08 + 0.10 0.11 unch 0.12 0.18 0.49 0.53 + 0.38 0.41 + 0.40 0.42 + 0.51 0.53 0.43 0.45 0.55 0.59 0.10 0.12 + 0.00 0.15 + 0.19 0.20 0.24 0.25 0.00 27.15 + 0.00 0.00 + 0.02 0.03 0.04 0.04 0.05 0.05 0.00 0.07 unch 0.00 0.00 + 0.34 0.38 + 0.06 0.08 + 0.49 0.51 + 0.16 0.19 unch 0.27 0.27 unch 0.09 0.10 + 0.12 0.14 + 0.47 0.50 0.37 0.37 0.13 0.14 0.10 0.11 0.53 0.55 unch 0.41 0.42 unch 0.80 1.16 + 0.33 0.37 unch 0.26 0.29 + 0.05 0.05 unch 0.00 0.26 unch 0.00 0.19 unch 0.90 1.00 + 0.02 0.02 unch 0.02 0.03 0.52 0.55 0.65 0.70 + 0.12 0.13 + 0.09 0.09 + 0.13 0.14 + 0.18 0.18 26.10 27.65 + 0.08 0.11 + 0.64 0.64 unch 0.38 0.40 + 0.28 0.32 + 0.47 0.49 + 0.59 0.65 + 0.83 0.88 + 0.12 0.12 + 0.16 0.16 unch 0.05 0.05 unch 0.08 0.08 -

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

O 1277 O 1181 V 16462 O 10886 V 7 O 1189 T 11071 V 118 O 104 C 3153 O 1337 O 186 C 1108 V 72 O 39 V 2567 O 28 C 10 O 0 O 82 V 132 V 585 O 95 V 235 V 1170 O 1128 O 211 V 433 V 5 O 6 O 154 V 4318 O 1904 V 62 O 242 C 4854 O 2195 C 59 T 299 O 4809 V 3 V 163 C 2204 O 122 V 151 O 268 V 1056 O 797 V 774 V 118 V 1241 O 648 O 219 T 509 O 2057 V 2095 O 176 C 88 O 53 V 627 O 1 O 2578549 O 8659 V 5549 O 200 V 75 O 1917023 V 111 V 19 V 411 C 1068 V 115 O 28 V 246 C 779 O 271 V 2806 O 1320 T 3380 O 1041 T 4010 T 6075 O 2583 C 125 V 0 O 0 V 427 C 73 C 15894 O 45 V 326 V 1301 O 29 O 11 V 75 N 20656 C 62 O 0 V 1091 O 216 O 120 T 565 C 1561 O 14 V 519 O 2 V 717

0.27 0.08 0.11 0.00 0.20 0.16 0.22 0.17 0.14 0.51 0.48 0.08 0.11 0.85 0.62 0.23 0.17 0.14 0.00 0.04 0.06 0.11 0.09 14.94 0.82 0.65 0.04 0.33 3.50 2.30 0.10 0.13 0.27 0.35 0.11 0.09 0.07 0.34 10.00 0.78 0.00 0.86 0.55 0.25 0.32 3.34 4.25 0.09 0.12 0.20 0.66 0.51 0.51 0.65 0.51 0.62 0.12 0.15 0.21 0.26 27.15 0.00 0.03 0.05 0.05 0.07 0.00 0.38 0.08 0.52 0.20 0.30 0.10 0.14 0.50 0.41 0.19 0.15 0.55 0.44 1.19 0.38 0.30 0.06 0.00 0.00 1.01 0.02 0.05 0.59 0.82 0.14 0.10 0.14 0.20 28.08 0.12 0.64 0.51 0.40 0.52 0.65 0.93 0.12 0.17 0.05 0.11

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

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

0.01 27.42 0.32 0.28 0.01 18.16 0.01 3.08 0.74 3.49 0.33 1.72 1.33 0.45 0.17 0.15 0.19 0.10 0.13 0.14 0.14 0.10 0.12 0.05 0.06 0.07 0.07 0.02 0.00 0.11 3.57 2.69 2.10 0.01 0.31 2.70 9.02 0.18 0.23 0.38 0.07 0.09 3.23 0.65 0.51 25.68 20.00 0.35 0.05 0.07 61.21 78.31 0.58 0.00 0.09 0.13 13.38 12.58 0.34 4.75 3.72 0.15 0.07 0.09 0.46

Last

12-month

High

Change

Stock

0.02 0.00 0.01 0.00 0.00 0.03 0.04 0.01 0.00 0.09 0.05 0.00 0.01 0.00 0.00 0.03 0.01 0.00 0.00 0.00 0.00 0.02 0.01 0.73 0.07 0.07 0.01 0.03 0.83 0.21 0.01 0.03 0.09 0.02 0.00 0.02 0.01 0.07 0.32 0.00 0.00 0.11 0.04 0.00 0.01 0.40 0.48 0.00 0.00 0.01 0.06 0.04 0.01 0.02 0.02 0.01 0.01 0.01 0.01 0.02 2.99 0.00 0.01 0.01 0.00 0.00 0.00 0.04 0.02 0.01 0.00 0.00 0.01 0.02 0.01 0.00 0.02 0.01 0.00 0.00 0.36 0.00 0.00 0.00 0.00 0.00 0.02 0.00 0.02 0.00 0.03 0.01 0.00 0.01 0.02 1.69 0.01 0.00 0.01 0.01 0.01 0.04 0.01 0.00 0.00 0.00 0.03

0.31 0.08 0.11 0.00 0.29 0.16 0.22 0.20 0.14 1.17 0.90 0.16 0.21 1.25 1.00 0.39 0.26 0.20 0.04 0.08 0.11 0.13 0.10 16.87 1.30 0.94 0.04 0.64 3.65 2.36 0.10 0.13 0.27 0.44 0.15 0.15 0.11 0.40 20.40 15.50 0.10 1.13 0.60 0.31 0.37 4.16 5.25 0.23 0.32 0.20 0.85 0.67 0.60 0.83 0.62 0.78 0.18 0.25 0.41 0.50 27.15 0.00 0.10 0.13 5.00 0.09 0.00 0.60 0.10 0.59 0.41 0.33 0.14 0.18 0.67 0.52 0.30 0.20 0.60 0.49 1.19 0.48 0.38 0.14 0.45 0.37 1.27 0.06 0.10 0.75 0.95 0.14 0.11 0.48 0.63 29.34 0.15 0.74 0.69 0.52 0.86 1.16 1.35 0.18 0.21 0.11 0.16

0.03 0.02 0.03 0.00 0.02 0.03 0.05 0.05 0.05 0.09 0.17 0.06 0.09 0.06 0.01 0.06 0.05 0.05 0.00 0.00 0.01 0.02 0.01 4.06 0.10 0.07 0.01 0.11 1.00 0.81 0.02 0.03 0.03 0.15 0.01 0.05 0.02 0.15 2.35 1.65 0.07 0.46 0.10 0.04 0.03 0.38 0.61 0.06 0.09 0.02 0.22 0.16 0.14 0.20 0.11 0.16 0.07 0.05 0.13 0.22 11.75 0.00 0.02 0.04 0.01 0.02 0.00 0.05 0.01 0.29 0.03 0.05 0.06 0.08 0.03 0.02 0.02 0.01 0.11 0.07 0.59 0.06 0.04 0.05 0.12 0.08 0.75 0.01 0.02 0.03 0.01 0.04 0.00 0.06 0.08 6.50 0.05 0.40 0.14 0.09 0.17 0.25 0.21 0.06 0.09 0.03 0.05

0.00 1.85 0.03 0.02 0.00 2.00 0.00 0.08 0.06 0.58 0.04 0.25 0.16 0.09 0.01 0.00 0.00 0.00 0.00 0.02 0.01 0.00 0.00 0.01 0.00 0.00 0.01 0.00 0.00 0.02 0.01 0.07 0.08 0.00 0.06 0.15 1.17 0.00 0.00 0.03 0.01 0.01 0.52 0.00 0.00 0.04 0.05 0.01 0.00 0.00 0.30 0.61 0.06 0.00 0.01 0.02 1.59 0.57 0.02 1.10 0.88 0.06 0.00 0.00 0.03

0.03 48.88 0.37 0.30 0.12 20.68 0.04 5.00 0.86 3.88 0.50 2.05 1.62 4.00 0.34 0.29 0.38 0.25 0.31 0.16 0.18 0.12 0.16 0.09 0.11 0.07 0.11 0.10 0.20 0.11 4.90 3.05 2.40 0.13 0.39 3.59 9.02 0.80 0.95 0.62 0.10 0.15 3.23 0.92 0.70 31.25 26.42 0.40 0.10 0.16 72.22 96.45 0.59 0.01 0.31 0.43 13.38 12.58 0.40 4.75 3.32 0.15 0.12 0.14 0.50

0.00 17.95 0.10 0.06 0.00 8.50 0.00 0.92 0.15 0.38 0.05 0.08 0.06 0.11 0.06 0.08 0.12 0.01 0.01 0.03 0.07 0.02 0.05 0.02 0.03 0.00 0.02 0.00 0.00 0.03 1.24 0.55 0.39 0.00 0.12 0.54 2.34 0.05 0.19 0.03 0.02 0.03 0.36 0.14 0.09 24.71 11.59 0.03 0.05 0.03 33.00 44.00 0.25 0.00 0.05 0.07 3.94 2.57 0.06 0.76 0.50 0.02 0.01 0.03 0.16

N-O 19949 94 348 485 66 115 1893 27 75 3670 386 1178 89 2 12303 411 594 890 517 364 12 615 1552 64 362 18 57 4 0 229 1250 18337 57864 487 1849 393 1153 847 1568 325 12 1101 55 937 42 3 10 2042 0 25 41890 656 445 1526 446 2379 2 269 254 17457 12588 15837 337 3231 6

0.01 23.75 0.27 0.22 0.01 15.57 0.00 2.70 0.00 2.60 0.25 1.51 1.19 0.00 0.16 0.13 0.17 0.08 0.11 0.12 0.13 0.08 0.10 0.04 0.00 0.06 0.00 0.02 0.00 0.09 3.21 2.17 1.69 0.00 0.23 2.21 7.07 0.15 0.20 0.31 0.00 0.07 2.02 0.58 0.47 24.71 19.11 0.30 0.05 0.07 56.60 72.55 0.50 0.00 0.08 0.10 12.28 8.92 0.29 3.57 2.78 0.09 0.05 0.08 0.00

0.01 25.82 0.29 0.22 0.01 17.61 0.01 2.97 0.73 3.14 0.29 1.60 1.22 0.36 0.16 0.14 0.18 0.09 0.11 0.14 0.13 0.08 0.11 0.05 0.05 0.06 0.07 0.02 0.08 0.09 3.50 2.35 1.84 0.00 0.29 2.47 7.33 0.16 0.22 0.38 0.07 0.08 3.14 0.60 0.47 24.71 19.29 0.33 0.05 0.07 59.30 75.59 0.58 0.00 0.09 0.12 12.71 9.20 0.34 4.71 3.69 0.15 0.06 0.08 0.43

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

(100s)

High Low

(100s) Stock

Week

12-month

Exc Volume

High

Low

Last

Change

High Low

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

V 352 O 1773 T 5435 V 362 V 2463 O 3588 O 526 V 847 O 39 T 514 V 398 V 365 T 529 O 1204 V 233 O 59 O 4 V 504 V 1121 O 601 O 77 V 956 O 146 O 385 O 41 V 1281 V 575 V 188 V 1021 O 384 C 477 O 8 V 287 V 1659 O 2900 O 30 V 1027 O 727416 O 29 V 138 T 662 C 1702 V 729 O 68 V 1079 C 211 O 117 V 83 O 1979 T 4893 O 2999 V 4837 T 1228 X 5755 T 2748 O 1 O 6 O 680 O 1529 V 1201 V 31 O 0 O 73 1503 V V 247 O 310 O 801 V 952 V 0 C 5279 T 18214 X 429449 O 65 V 589 O 995 C 18998 V 3942 O 2110 N 7235 T 5538 O 614 V 804 O 54 V 590 299 V V 167 C 243 T 7516 O 8 V 156 O 10 V 6355 O 651 V 66 O 643 V 536 V 230 V 613 O 534 C 1195 O 694 V 749 O 45 V 208 O 164 V 15 V 36 O 1 V 953 O 364 V 625 O 393 O 569 T 1992 V 2862 V 3273 O 855 V 1014 O 353 V 1405 V 158 O 5 V 3069 C 72 O 2 T 2032 O 96 V 876 V 553 O 514 T 555 T 203 V 107 O 71 T 308 O 108 V 348 O 53 N 6221 T 2625 O 69 V 423 T 2917 O 251 V 408 C 151 V 1334 O 760 O 0

0.62 0.10 0.13 0.05 0.76 0.59 0.10 0.12 0.96 1.25 0.89 0.18 0.78 0.64 0.05 0.04 0.02 0.02 0.12 0.10 0.74 0.95 0.08 34.27 0.20 0.26 0.12 0.10 0.55 0.76 0.97 0.03 0.04 0.32 0.25 0.06 0.08 0.00 0.71 0.65 0.06 0.08 0.03 0.30 0.42 0.28 0.22 0.16 0.08 0.10 1.37 1.70 12.37 9.63 3.22 0.00 0.09 0.68 0.47 0.59 0.55 0.00 0.06 0.08 1.17 0.92 0.42 0.50 0.00 0.23 1.07 0.84 0.01 0.47 0.02 0.02 0.14 0.11 53.72 68.59 0.18 0.21 0.10 0.25 0.30 3.00 0.40 2.40 1.81 0.21 0.17 0.69 0.54 0.06 0.08 0.09 0.21 0.37 0.30 0.09 0.08 0.28 0.21 0.20 0.16 0.45 0.13 0.05 0.08 0.03 0.75 0.58 0.13 0.17 0.13 0.16 0.17 0.22 0.80 1.02 0.18 0.17 0.23 0.22 0.22 5.92 0.59 0.75 1.91 1.52 5.30 0.52 0.31 0.24 0.33 0.27 1.31 6.57 11.74 15.08 0.32 0.42 3.28 0.04 0.05 1.04 0.53 0.42 14.31

0.53 0.08 0.11 0.04 0.51 0.37 0.00 0.11 0.88 1.15 0.77 0.14 0.69 0.54 0.00 0.03 0.01 0.01 0.10 0.07 0.62 0.80 0.02 32.40 0.18 0.23 0.10 0.07 0.37 0.66 0.85 0.02 0.03 0.22 0.17 0.05 0.07 0.00 0.43 0.57 0.04 0.07 0.02 0.22 0.28 0.26 0.19 0.14 0.05 0.08 1.17 1.48 11.34 8.82 2.20 0.00 0.08 0.51 0.30 0.41 0.35 0.00 0.03 0.07 1.02 0.77 0.34 0.43 0.00 0.19 0.75 0.58 0.00 0.40 0.01 0.01 0.12 0.09 49.28 63.27 0.13 0.17 0.07 0.23 0.24 2.81 0.23 2.21 1.68 0.18 0.17 0.52 0.41 0.00 0.05 0.07 0.19 0.28 0.22 0.08 0.06 0.18 0.18 0.17 0.13 0.00 0.13 0.00 0.07 0.00 0.66 0.52 0.10 0.14 0.12 0.09 0.13 0.17 0.72 0.96 0.16 0.00 0.13 0.21 0.00 5.21 0.46 0.65 1.81 1.41 4.70 0.43 0.26 0.00 0.27 0.21 1.21 5.89 10.67 13.69 0.31 0.39 3.07 0.04 0.04 0.79 0.42 0.33 0.00

0.55 0.09 0.11 0.05 0.65 0.50 0.09 0.12 0.92 1.19 0.87 0.15 0.76 0.59 0.05 0.03 0.01 0.02 0.11 0.08 0.73 0.95 0.03 34.11 0.19 0.26 0.11 0.10 0.43 0.73 0.93 0.02 0.03 0.25 0.19 0.05 0.08 0.00 0.48 0.60 0.06 0.08 0.02 0.26 0.34 0.27 0.22 0.14 0.06 0.08 1.30 1.65 11.70 9.17 3.22 0.00 0.09 0.66 0.46 0.58 0.55 0.35 0.06 0.08 1.17 0.91 0.36 0.46 0.34 0.22 0.81 0.64 0.00 0.41 0.01 0.02 0.14 0.11 53.56 68.40 0.13 0.17 0.08 0.23 0.24 2.81 0.40 2.25 1.81 0.20 0.17 0.64 0.49 0.06 0.05 0.07 0.19 0.29 0.23 0.09 0.07 0.25 0.21 0.18 0.15 0.37 0.13 0.05 0.07 0.00 0.71 0.55 0.12 0.15 0.13 0.10 0.13 0.17 0.80 1.01 0.17 0.17 0.22 0.21 0.22 5.54 0.54 0.69 1.85 1.45 4.78 0.52 0.31 0.24 0.28 0.24 1.24 6.54 10.98 14.00 0.31 0.41 3.26 0.04 0.05 0.98 0.43 0.33 14.31

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

0.02 0.01 0.01 0.01 0.14 0.10 0.00 0.00 0.02 0.04 0.08 0.01 0.06 0.04 0.00 0.00 0.00 0.00 0.01 0.01 0.03 0.07 0.02 1.80 0.01 0.01 0.00 0.02 0.07 0.03 0.04 0.01 0.01 0.01 0.01 0.01 0.01 0.00 0.05 0.07 0.01 0.02 0.00 0.03 0.05 0.02 0.01 0.01 0.01 0.01 0.07 0.05 0.04 0.05 0.96 0.00 0.01 0.05 0.13 0.19 0.21 0.00 0.00 0.00 0.08 0.05 0.02 0.03 0.00 0.01 0.08 0.07 0.01 0.01 0.00 0.01 0.01 0.01 4.39 5.42 0.02 0.02 0.01 0.00 0.01 0.23 0.15 0.00 0.13 0.02 0.00 0.10 0.06 0.02 0.02 0.01 0.01 0.05 0.03 0.01 0.00 0.06 0.03 0.02 0.01 0.04 0.00 0.00 0.00 0.00 0.02 0.01 0.01 0.02 0.01 0.02 0.01 0.02 0.05 0.04 0.02 0.11 0.08 0.02 0.00 0.02 0.00 0.04 0.03 0.03 0.07 0.10 0.01 0.02 0.03 0.01 0.00 0.44 0.22 0.29 0.00 0.00 0.15 0.00 0.01 0.17 0.03 0.02 0.16

0.69 0.24 0.33 0.10 1.18 0.93 0.14 0.21 2.20 2.90 0.93 0.28 1.02 0.78 0.09 0.06 0.02 0.03 0.14 0.10 0.99 1.25 0.15 36.26 0.24 0.31 0.21 0.17 0.55 2.21 2.79 0.12 0.05 0.39 0.33 0.06 0.10 0.00 3.00 1.38 0.07 0.11 0.03 0.30 0.42 0.55 0.38 0.23 0.09 0.12 1.56 1.98 18.00 12.85 4.16 0.00 0.13 0.84 0.47 0.59 0.55 0.35 0.25 0.18 1.55 1.24 0.57 0.72 0.69 0.29 3.28 2.49 0.04 0.69 0.03 0.02 0.24 0.19 55.12 70.21 0.38 0.48 0.10 0.37 0.37 3.68 0.40 4.01 2.86 0.24 0.18 0.70 0.54 0.06 0.09 0.11 0.30 0.75 0.55 0.15 0.11 0.28 0.21 0.31 0.24 0.53 0.19 0.08 0.12 0.16 0.93 0.75 0.19 0.25 0.26 0.28 0.24 0.31 1.03 1.27 0.24 0.17 0.23 0.28 0.25 7.51 0.68 0.90 2.12 1.65 5.73 0.70 0.45 0.33 0.37 0.29 1.65 10.79 13.53 17.50 0.42 0.52 4.85 0.08 0.11 1.55 0.88 0.66 15.90

0.24 0.02 0.02 0.01 0.04 0.02 0.04 0.04 0.70 0.97 0.20 0.10 0.53 0.38 0.01 0.01 0.00 0.01 0.03 0.02 0.06 0.09 0.00 18.62 0.08 0.12 0.02 0.03 0.04 0.20 0.25 0.00 0.01 0.06 0.05 0.02 0.03 0.00 0.16 0.30 0.02 0.02 0.01 0.01 0.02 0.23 0.18 0.04 0.01 0.02 0.09 0.13 6.40 4.65 1.41 0.00 0.02 0.04 0.08 0.11 0.11 0.14 0.02 0.05 0.17 0.14 0.11 0.15 0.10 0.03 0.39 0.31 0.00 0.07 0.00 0.01 0.03 0.02 23.85 34.80 0.05 0.07 0.02 0.06 0.06 1.06 0.12 1.16 0.00 0.07 0.08 0.04 0.03 0.02 0.02 0.03 0.15 0.11 0.08 0.03 0.02 0.05 0.03 0.14 0.11 0.16 0.01 0.04 0.02 0.00 0.20 0.15 0.06 0.09 0.04 0.03 0.03 0.04 0.14 0.22 0.02 0.03 0.04 0.12 0.05 1.48 0.20 0.27 0.20 0.05 1.60 0.03 0.10 0.09 0.11 0.09 0.43 0.33 4.65 6.35 0.17 0.24 1.67 0.03 0.04 0.11 0.10 0.07 3.48

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

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

0.40 0.52 0.08 0.12 2.30 1.79 0.12 0.05 0.07 0.08 0.00 0.06 0.55 0.44 0.03 0.06 0.78 0.26 0.21 0.15 0.47 0.02 0.01

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

0.00 0.02 0.00 0.00 0.13 0.08 0.01 0.01 0.00 0.01 0.00 0.00 0.02 0.02 0.00 0.03 0.05 0.04 0.02 0.02 0.02 0.00 0.00

0.59 0.90 0.08 0.19 2.60 2.07 0.22 0.08 0.07 0.10 0.01 0.21 0.70 0.53 0.03 0.06 1.81 0.30 0.34 0.26 1.82 0.03 0.03

0.10 0.05 0.04 0.05 1.12 0.84 0.03 0.01 0.02 0.03 0.00 0.03 0.09 0.06 0.00 0.01 0.35 0.03 0.09 0.06 0.25 0.01 0.00

P-Q 71 249 19 35 23 18 173 467 35 548 467 314 210 137 0 1794 322 11636 100 179 2669 112 700

0.40 0.53 0.08 0.12 2.31 1.79 0.18 0.05 0.07 0.09 0.00 0.06 0.55 0.44 0.00 0.06 0.84 0.30 0.22 0.17 0.53 0.02 0.01

0.00 0.50 0.08 0.00 2.09 1.66 0.12 0.04 0.07 0.08 0.00 0.05 0.42 0.32 0.00 0.03 0.75 0.20 0.00 0.00 0.35 0.02 0.01

Exc Volume

Week High

Low

Last

3073 690 391 4529 37089 20 3457 101 254 1208 292 100 528 139 72 0 19094 106 4409 14 1626 904 68 947 111 469 21892 1566 18 69 162 508 40 24 143 748 218 68 204 8 10 10 8 97 17 2071 22 2 467 5 216 709 337 86 2482 817 9033 665 64 62 11009 96 1356 2205 1948 32 126 2830 1037 688 1012 949 596 3687 7313 1765 252 96 59 1802 550 142 335 317 362 18 1218 71 28 0 126 3 154 440 835 174 832 164 12897 71 972 3 864 568 1533 2609 2082 6 490 946 326 198 1322 142 262 1808 1483 23618 1022 334 256 783 13 0 367 1331 846 134

0.35 0.28 0.47 50.70 39.62 0.14 0.18 0.40 0.52 0.14 0.12 0.00 0.03 0.17 0.14 0.00 0.55 0.40 1.37 0.03 0.17 0.06 0.15 0.18 0.28 0.22 4.63 0.06 0.05 0.17 0.21 0.10 0.08 0.39 1.23 0.05 0.03 0.09 0.11 0.10 0.04 0.09 0.74 0.29 0.23 0.29 0.38 102.80 0.25 0.04 0.10 0.55 0.44 0.05 0.06 5.74 4.47 0.04 0.12 0.10 4.46 5.68 0.12 0.14 0.03 0.06 0.09 0.33 0.41 0.05 0.04 0.17 0.22 3.40 11.31 14.46 0.15 0.08 2.17 2.80 0.05 0.61 0.07 1.27 1.62 0.37 0.48 0.35 10.00 0.00 1.58 0.18 0.45 0.15 0.10 0.08 0.33 0.25 0.04 0.14 0.18 0.02 1.51 1.94 1.77 2.25 0.09 0.31 0.25 0.22 0.18 0.21 0.28 0.14 0.16 0.41 0.51 0.31 0.24 0.11 0.13 0.60 0.22 0.00 0.07 0.06 0.02 0.66

0.31 0.24 0.00 38.70 30.20 0.00 0.14 0.39 0.49 0.12 0.09 0.00 0.03 0.15 0.12 0.00 0.32 0.00 1.10 0.00 0.13 0.03 0.11 0.14 0.21 0.16 3.27 0.05 0.00 0.15 0.19 0.09 0.07 0.29 1.15 0.00 0.02 0.00 0.10 0.07 0.04 0.07 0.00 0.26 0.00 0.26 0.00 0.00 0.16 0.04 0.09 0.45 0.34 0.05 0.06 5.03 3.92 0.03 0.11 0.09 3.76 4.85 0.08 0.10 0.02 0.06 0.08 0.27 0.35 0.04 0.03 0.15 0.20 3.17 10.45 13.41 0.12 0.08 1.79 2.28 0.04 0.00 0.07 1.20 1.53 0.30 0.36 0.23 6.29 0.00 1.40 0.18 0.19 0.14 0.10 0.08 0.29 0.22 0.03 0.00 0.16 0.02 0.99 1.25 1.60 2.07 0.07 0.00 0.23 0.19 0.15 0.18 0.24 0.12 0.13 0.30 0.40 0.28 0.20 0.09 0.12 0.10 0.00 0.00 0.07 0.05 0.01 0.60

0.34 0.27 0.45 40.90 32.06 0.11 0.17 0.40 0.52 0.14 0.11 0.00 0.03 0.15 0.12 0.06 0.37 0.40 1.17 0.03 0.17 0.05 0.13 0.17 0.21 0.17 3.57 0.06 0.04 0.15 0.20 0.10 0.08 0.39 1.18 0.05 0.02 0.07 0.10 0.07 0.04 0.09 0.52 0.29 0.23 0.28 0.38 93.01 0.20 0.04 0.09 0.52 0.42 0.05 0.06 5.71 4.43 0.03 0.12 0.10 4.01 5.13 0.10 0.13 0.02 0.06 0.08 0.29 0.37 0.04 0.03 0.17 0.22 3.32 11.07 14.16 0.14 0.08 1.98 2.48 0.04 0.57 0.07 1.23 1.59 0.30 0.37 0.23 6.85 0.11 1.58 0.18 0.23 0.14 0.10 0.08 0.29 0.22 0.03 0.13 0.17 0.02 1.02 1.31 1.67 2.13 0.08 0.24 0.25 0.21 0.16 0.19 0.24 0.12 0.13 0.38 0.49 0.31 0.24 0.10 0.12 0.60 0.16 0.11 0.07 0.06 0.02 0.65

V 53 O 8 V 788 V 183 O 2 C 160 C 1140 O 78 V 21 O 10 O 1151 O 1935 V 297 C 14 C 1093 O 721 V 2307 V 1329 O 6 V 424 V 182 O 310 C 1783 V 254 V 866 O 746 V 581 V 491 O 330 O 1508 V 2237 V 87 V 239 V 727 O 177 V 541 V 156 O 178126 V 1172 O 68 O 4 N 7988 O 0 V 525 O 818 O 93 C 107 V 638 O 370 O 60 V 418

0.20 0.15 0.31 0.34 0.02 0.07 0.32 2.90 0.13 0.12 0.01 2.35 0.04 0.19 0.45 0.01 0.35 0.05 2.85 1.05 0.35 0.06 0.07 0.08 0.11 0.09 0.24 0.87 0.66 1.06 1.35 0.71 0.06 0.49 0.11 0.15 0.37 0.00 0.11 0.09 79.17 78.79 0.00 0.90 0.68 0.62 0.71 0.24 0.19 0.21 0.26

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

12-month Change

Stock

Robex Res Rochester Res Rock Tech Lith* Rock Tech Lith Rockcliff Met* Rockcliff Met Rockex Mng Rockhaven Re* Rockhaven Res Rockridge Res Rockwealth Res Rockwell Diam* Rodinia Lithm Rogue Res* Rogue Res Rojo Res* Rokmaster Res* Rokmaster Res Romios Gold Rs Romios Gold Rs* RosCan Gold* RosCan Gold Roughrider Exp Rover Metals* Rover Metals Roxgold Roxgold* Royal Gold* Royal Gold* Royal Mines &M* Royal Rd Mnrls Royal Std Mnrl* RT Minerals RT Minerals* RTG Mining Rugby Mng Running Fox Rs* Running Fox Rs Rupert Res Rupert Res* Rusoro Mng Rusoro Mng*

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

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

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

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

0.01 0.00 0.01 0.47 0.40 0.01 0.02 0.01 0.02 0.01 0.00 0.00 0.00 0.01 0.00 0.00 0.05 0.03 0.05 0.02 0.03 0.01 0.01 0.02 0.00 0.00 0.26 0.00 0.01 0.00 0.00 0.01 0.01 0.07 0.01 0.00 0.00 0.02 0.01 0.00 0.00 0.02 0.11 0.03 0.03 0.04 0.03 1.30 0.04 0.00 0.00 0.04 0.04 0.00 0.01 0.91 0.71 0.01 0.01 0.01 0.32 0.41 0.02 0.02 0.00 0.00 0.01 0.00 0.01 0.00 0.01 0.00 0.02 0.16 0.25 0.36 0.03 0.00 0.01 0.06 0.00 0.03 0.00 0.01 0.01 0.00 0.11 0.10 0.34 0.00 0.13 0.00 0.06 0.01 0.00 0.00 0.01 0.02 0.00 0.01 0.01 0.00 0.49 0.59 0.02 0.04 0.02 0.06 0.00 0.02 0.01 0.01 0.02 0.01 0.01 0.10 0.13 0.04 0.02 0.00 0.01 0.05 0.06 0.00 0.00 0.01 0.00 0.01

0.40 0.49 0.70 53.30 40.11 0.14 0.22 0.56 0.72 0.14 0.20 0.00 0.04 0.21 0.17 0.06 0.55 0.90 1.59 0.03 0.30 0.06 0.31 0.42 0.50 0.23 9.87 0.07 0.05 0.20 0.27 0.15 0.12 0.42 1.52 0.10 0.03 0.09 0.12 0.10 0.08 0.12 0.76 0.39 0.24 0.31 0.42 128.00 0.25 0.05 0.12 0.55 0.44 0.08 0.13 8.00 6.27 0.05 0.21 0.15 9.70 13.00 0.25 0.26 0.04 0.08 0.10 0.40 0.54 0.10 0.06 0.30 0.41 3.43 14.55 19.13 0.15 0.10 2.17 2.80 0.07 0.88 0.15 1.53 1.95 0.37 0.50 0.60 13.50 0.20 2.40 0.32 0.45 0.15 0.20 0.17 1.50 0.85 0.08 0.19 0.27 0.30 2.07 2.63 2.42 3.08 0.09 0.39 0.65 0.35 4.12 0.27 0.38 0.30 0.50 0.47 0.60 0.38 0.27 0.25 0.33 0.70 0.24 0.18 0.15 0.11 0.04 0.90

0.05 0.03 0.37 14.22 10.61 0.00 0.08 0.05 0.06 0.03 0.02 0.00 0.02 0.07 0.04 0.01 0.01 0.10 0.47 0.00 0.02 0.01 0.01 0.04 0.07 0.02 0.80 0.01 0.00 0.08 0.11 0.04 0.03 0.00 0.45 0.02 0.00 0.02 0.03 0.02 0.00 0.02 0.06 0.01 0.04 0.05 0.12 43.41 0.01 0.01 0.02 0.16 0.12 0.01 0.02 1.25 0.86 0.02 0.02 0.01 1.50 2.45 0.02 0.02 0.01 0.02 0.03 0.06 0.09 0.04 0.02 0.04 0.05 0.85 4.05 6.25 0.04 0.00 0.14 0.25 0.01 0.20 0.05 0.37 0.54 0.02 0.02 0.12 1.80 0.02 0.25 0.11 0.17 0.07 0.06 0.02 0.27 0.00 0.01 0.03 0.04 0.01 0.06 0.18 0.27 0.38 0.03 0.17 0.14 0.03 0.13 0.10 0.14 0.09 0.06 0.03 0.06 0.06 0.05 0.08 0.05 0.10 0.06 0.10 0.02 0.02 0.00 0.25

0.00 0.18 + 0.00 0.15 + 0.29 0.30 + 0.29 0.32 + 0.00 0.02 unch 0.07 0.07 unch 0.21 0.32 + 1.91 2.10 0.13 0.13 unch 0.11 0.11 0.01 0.01 unch 1.50 2.20 + 0.04 0.04 + 0.10 0.10 0.31 0.35 + 0.00 0.00 0.12 0.32 + 0.04 0.04 0.00 2.85 + + 0.90 1.05 0.25 0.30 unch 0.05 0.05 0.06 0.07 + 0.08 0.08 0.09 0.10 + 0.07 0.07 0.21 0.21 0.77 0.83 + 0.61 0.65 + 0.78 0.84 0.99 1.08 0.65 0.67 + 0.06 0.06 + 0.38 0.49 + 0.00 0.11 + 0.13 0.14 + 0.31 0.31 0.00 0.00 0.08 0.09 0.06 0.07 + + 0.00 77.40 76.47 78.48 + 0.00 88.67 unch 0.77 0.81 0.60 0.63 0.50 0.54 0.66 0.70 + 0.22 0.23 0.16 0.18 + 0.00 0.15 0.20 0.21 -

0.02 0.03 0.01 0.02 0.00 0.00 0.12 0.35 0.00 0.00 0.00 0.64 0.01 0.06 0.05 0.00 0.20 0.01 0.00 0.14 0.00 0.01 0.01 0.01 0.01 0.01 0.01 0.06 0.04 0.00 0.02 0.01 0.01 0.13 0.01 0.02 0.06 0.00 0.01 0.00 0.94 2.06 0.00 0.03 0.03 0.01 0.01 0.01 0.01 0.05 0.05

0.28 0.20 0.40 0.38 0.90 0.14 0.35 14.50 0.18 0.12 0.12 2.50 0.12 0.19 0.49 0.03 0.35 0.07 4.38 1.74 0.35 1.00 0.09 0.13 0.16 0.11 0.29 1.45 1.13 1.35 1.74 0.98 0.08 0.74 0.27 0.30 0.62 0.00 0.11 0.09 86.20 86.90 99.55 1.03 0.85 0.83 1.10 0.54 0.40 0.26 0.36

0.08 0.05 0.09 0.11 0.01 0.05 0.07 0.22 0.04 0.04 0.00 0.33 0.03 0.04 0.29 0.00 0.04 0.02 1.80 0.47 0.07 0.01 0.03 0.05 0.05 0.04 0.05 0.33 0.24 0.44 0.50 0.04 0.03 0.29 0.04 0.07 0.11 0.00 0.01 0.02 34.85 35.35 41.50 0.14 0.11 0.31 0.30 0.10 0.06 0.07 0.09

R Rackla Metals Rackla Metals* Radisson Mng Radius Gold Rae-Wallace Mg* Rain City Raindrop Vent Rainforest Res* Rainy Mtn Royl Rainy Mtn Royl* Rambler Metals* Rare Element* Rathdowney Res Razore Rock Res Ready Set Gold Red Eagle Mng* Red Moon Res Red Pine Expl Regis Res NL* Regulus Res Remington Res Renforth Res* Renforth Res Resolve Vent Reunion Gold Reunion Gold* Revelo Res Revival Gold Revival Gold * Reyna Silver* Reyna Silver Rhyolite Res Richmond Mnls Ridgeline Min Ridgestone M’g* Ridgestone M’g Riley Gold Rimrock Gold* Rio Silver Rio Silver* Rio Tinto* Rio Tinto* Rio Tinto* Rio2 Limited Rio2 Limited* Rise Gold Corp* Rise Gold Corp Riverside Res Riverside Res* RJK Explor* RJK Explor

(100s)

High Low

Exc Volume

Week Last

12-month

High

Low

Change

665 47 35 430 5 803 82 37 693 532 46 10 1366 36 104 3274 160 1170 425 381 274 2695 230 77 554 2922 684 0 1824 664 534 0 2866 6 29 146 46 104 92 8 1999 218

0.47 0.13 4.30 5.50 0.05 0.08 0.03 0.14 0.19 0.14 0.11 0.00 0.88 0.09 0.10 1.19 0.41 0.54 0.06 0.05 0.38 0.41 0.15 0.07 0.10 1.52 1.20 0.44 110.96 0.01 0.32 0.00 0.12 0.08 0.18 0.09 0.03 0.03 4.65 3.90 0.05 0.04

+ 0.43 0.45 0.10 0.13 unch + 3.96 4.19 + 5.05 5.34 + 0.05 0.05 + 0.07 0.07 0.00 0.03 unch + 0.12 0.14 + 0.16 0.18 + 0.13 0.14 0.10 0.10 0.00 0.00 unch 0.82 0.83 unch 0.08 0.08 0.00 0.09 + 0.93 1.16 + 0.37 0.39 0.48 0.49 0.05 0.05 unch 0.04 0.04 0.27 0.30 0.36 0.39 unch 0.15 0.15 + 0.00 0.07 + 0.09 0.10 + 1.40 1.52 + 1.08 1.20 0.44 0.44 unch 102.44 105.69 + 0.00 0.01 0.27 0.30 0.00 0.08 unch + 0.08 0.11 + 0.06 0.08 + 0.18 0.18 + 0.08 0.09 + 0.02 0.02 0.03 0.03 unch 4.29 4.40 unch + 3.10 3.44 + 0.04 0.05 + 0.04 0.04

1983 3600 1597 867 201 1399 613 93 388 7 874 81 767 892 404 10 367 53 274 1954 15173 4106 205 36722 1833 174 50 159 336 38 295 1073 1535 945 172 33 551 1099 8 271 414 2154 352 300 320 192 586 249 1927 125 66 3545 62 330 18 5 507 8370 888 4 12546 5322 742 6278 2519 706 285 223 998 830 2752 590 806 2829 1431 7560 12665 568 8 4377 6218 106 198 135 99 269 1879 4442 724 17241 780 498 307 8 7758 20687 12541 4635 176 6 87 678 589 141 4532 319 667 2735 1121 71 592 1050 622 131 385 363 1177 2852 588 33 425 582 1300 748 137 16160 1938 944 418 289 26 230 43 5061 20 309 3677

2.37 2.99 0.29 0.23 1.34 0.08 0.08 0.30 0.38 0.38 0.16 0.13 0.01 0.20 0.25 0.13 0.19 0.24 2.31 8.74 6.84 0.58 0.31 0.02 0.62 0.48 0.11 0.14 0.13 0.27 0.05 0.22 0.27 0.16 0.12 0.28 0.25 0.30 0.53 0.70 26.11 20.40 0.52 0.40 0.08 0.06 0.09 0.02 0.11 0.00 0.04 0.07 0.34 0.44 1.64 1.30 0.40 0.60 0.10 4.37 16.85 0.04 0.10 0.12 3.52 4.75 5.52 0.10 0.13 0.16 0.20 1.24 0.90 2.27 1.77 0.46 0.59 0.22 0.33 0.94 0.75 0.17 0.23 0.29 0.24 0.30 0.23 0.30 0.08 0.10 0.58 0.45 0.26 0.19 10.93 8.55 12.75 16.25 0.30 0.02 0.11 0.16 0.17 0.12 0.06 0.05 2.59 3.33 0.35 0.11 0.14 0.30 0.23 0.06 0.07 0.08 0.13 0.25 0.19 5.16 6.60 0.60 0.43 0.54 1.07 0.85 0.13 0.06 0.20 0.24 0.08 0.10 2.06 72.27 0.16 0.22 0.59

High Low

0.04 0.00 0.19 0.14 0.00 0.01 0.00 0.00 0.02 0.01 0.01 0.00 0.00 0.01 0.01 0.15 0.00 0.01 0.00 0.00 0.02 0.00 0.01 0.00 0.01 0.13 0.11 0.00 1.19 0.00 0.03 0.00 0.02 0.01 0.01 0.01 0.00 0.00 0.00 0.04 0.01 0.00

0.56 0.13 6.99 9.00 0.10 0.14 0.05 0.19 0.25 0.23 0.19 0.00 1.13 0.09 0.11 1.93 0.60 0.76 0.08 0.06 0.50 0.55 0.36 0.15 0.13 1.92 1.48 0.44 147.64 0.01 0.48 1.24 0.29 0.20 0.22 0.19 0.07 0.08 6.20 8.70 0.08 0.06

0.11 0.03 0.35 0.37 0.03 0.04 0.02 0.04 0.06 0.07 0.02 0.00 0.02 0.03 0.02 0.11 0.14 0.05 0.03 0.02 0.10 0.13 0.08 0.00 0.03 0.56 0.05 0.16 59.78 0.00 0.13 0.03 0.02 0.01 0.04 0.05 0.01 0.01 0.53 0.43 0.03 0.02

0.15 0.19 0.01 0.01 0.07 0.02 0.02 0.02 0.02 0.02 0.00 0.01 0.00 0.00 0.06 0.00 0.01 0.01 0.08 0.09 0.06 0.06 0.00 0.00 0.10 0.08 0.00 0.03 0.01 0.00 0.00 0.01 0.01 0.01 0.00 0.04 0.01 0.02 0.02 0.03 0.48 0.38 0.01 0.01 0.01 0.00 0.01 0.00 0.01 0.00 0.01 0.02 0.03 0.02 0.04 0.00 0.00 0.12 0.01 0.12 1.98 0.00 0.01 0.02 0.28 0.30 0.68 0.00 0.00 0.03 0.03 0.06 0.06 0.14 0.12 0.02 0.02 0.03 0.00 0.04 0.03 0.05 0.09 0.05 0.00 0.01 0.00 0.01 0.00 0.01 0.04 0.00 0.05 0.01 0.24 0.18 0.11 0.16 0.17 0.02 0.00 0.01 0.00 0.01 0.00 0.00 0.11 0.13 0.06 0.00 0.00 0.05 0.03 0.00 0.01 0.02 0.03 0.02 0.03 0.26 0.32 0.11 0.09 0.10 0.05 0.04 0.03 0.01 0.00 0.01 0.00 0.01 0.20 5.05 0.00 0.02 0.02

2.80 3.54 0.39 0.36 1.57 0.09 0.19 0.31 0.40 0.45 0.23 0.17 0.02 0.30 0.40 0.32 0.31 0.40 3.51 14.22 10.63 0.58 0.51 0.02 1.24 0.92 0.14 0.20 0.16 2.00 0.06 0.28 0.35 0.22 0.17 0.28 0.46 0.53 0.56 0.74 29.00 22.86 0.71 0.51 0.10 0.08 0.10 0.07 0.14 0.04 0.07 0.07 0.66 0.85 2.06 1.55 0.45 0.60 0.25 6.24 17.44 0.08 0.11 0.14 3.87 4.92 5.52 0.12 0.15 0.18 0.24 1.40 0.90 2.29 2.51 0.46 0.59 0.35 0.53 0.94 0.75 0.25 0.34 0.40 0.24 0.30 0.37 0.49 0.48 0.12 0.85 2.21 0.26 0.19 11.62 8.91 12.88 16.37 0.30 0.10 0.20 0.26 0.30 0.22 0.11 0.08 2.91 3.69 0.50 0.20 0.23 0.33 0.25 0.11 0.16 0.15 0.25 0.32 0.25 6.70 7.09 0.60 0.56 0.72 1.16 0.90 0.13 0.10 0.28 0.34 0.13 0.18 2.13 72.27 0.25 1.45 0.70

0.51 0.71 0.04 0.03 0.45 0.02 0.00 0.08 0.12 0.18 0.11 0.08 0.00 0.05 0.08 0.00 0.13 0.18 0.58 4.64 3.32 0.07 0.09 0.00 0.43 0.38 0.02 0.02 0.07 0.20 0.02 0.03 0.06 0.05 0.03 0.07 0.07 0.11 0.19 0.28 7.37 5.25 0.15 0.09 0.03 0.02 0.01 0.01 0.02 0.00 0.03 0.01 0.21 0.10 0.75 0.82 0.15 0.07 0.05 2.53 3.50 0.01 0.03 0.04 0.45 0.89 1.30 0.02 0.02 0.05 0.05 0.24 0.46 0.22 1.05 0.06 0.10 0.05 0.08 0.15 0.11 0.10 0.05 0.04 0.05 0.07 0.15 0.10 0.01 0.02 0.18 0.00 0.04 0.13 2.12 1.50 3.28 4.50 0.00 0.00 0.07 0.08 0.05 0.03 0.03 0.02 0.37 0.50 0.16 0.04 0.05 0.08 0.06 0.00 0.01 0.04 0.07 0.06 0.04 1.97 1.38 0.30 0.13 0.19 0.22 0.13 0.02 0.02 0.06 0.07 0.05 0.02 0.89 23.43 0.16 0.19 0.06

S 1.99 2.54 0.23 0.17 1.08 0.06 0.05 0.29 0.35 0.00 0.14 0.11 0.00 0.14 0.15 0.13 0.16 0.22 1.95 7.90 6.18 0.39 0.26 0.01 0.45 0.38 0.11 0.12 0.11 0.27 0.05 0.15 0.19 0.14 0.10 0.20 0.19 0.25 0.00 0.63 23.66 18.42 0.44 0.36 0.07 0.05 0.00 0.02 0.09 0.00 0.03 0.03 0.27 0.32 1.48 1.30 0.36 0.47 0.10 0.00 15.35 0.03 0.07 0.09 3.25 4.15 4.11 0.09 0.11 0.12 0.16 0.87 0.65 1.53 1.20 0.33 0.42 0.17 0.31 0.67 0.52 0.14 0.13 0.18 0.19 0.25 0.19 0.25 0.04 0.06 0.42 0.33 0.20 0.18 7.84 6.10 8.88 11.35 0.06 0.00 0.11 0.14 0.13 0.10 0.05 0.04 2.31 2.95 0.24 0.10 0.13 0.24 0.19 0.04 0.07 0.08 0.07 0.19 0.15 4.58 5.81 0.56 0.30 0.39 0.92 0.72 0.09 0.05 0.17 0.22 0.08 0.08 0.00 66.86 0.16 0.20 0.43

+ 2.16 + 2.76 0.24 + 0.21 1.09 + 0.08 + 0.06 + 0.29 + 0.38 + 0.38 0.16 unch + 0.12 0.00 0.16 unch + 0.21 0.13 + 0.17 + 0.23 2.20 8.16 6.40 0.40 0.31 unch + 0.01 + 0.60 + 0.48 0.11 unch 0.12 0.11 0.27 unch 0.05 unch + 0.20 + 0.25 + 0.15 + 0.11 + 0.20 0.20 0.26 0.51 0.66 24.29 19.03 0.49 0.37 + 0.08 + 0.06 + 0.08 + 0.02 + 0.10 0.00 unch 0.03 + 0.05 + 0.30 0.36 1.51 1.30 unch 0.40 unch + 0.58 0.10 3.89 + 16.85 0.04 + 0.09 + 0.11 + 3.40 + 4.30 + 4.80 + 0.09 0.12 unch + 0.15 + 0.18 0.89 0.70 1.61 1.25 0.33 0.43 + 0.19 0.31 unch + 0.74 + 0.58 + 0.17 0.13 0.18 0.21 0.27 + 0.20 + 0.25 0.05 0.06 0.44 0.37 + 0.25 0.18 8.01 6.28 + 10.26 + 13.05 + 0.24 0.02 0.11 + 0.15 0.15 unch + 0.12 0.06 unch + 0.04 + 2.55 + 3.24 + 0.30 + 0.10 0.13 unch + 0.29 + 0.22 + 0.06 + 0.07 0.08 0.08 0.22 0.16 + 5.10 + 6.32 + 0.58 0.32 0.44 + 0.95 + 0.74 + 0.11 0.05 + 0.18 + 0.23 0.08 unch 0.09 + 2.05 + 71.46 0.16 unch 0.21 0.45

GLOBAL MINING NEWS

(100s) Stock

THE NORTHERN MINER / FEBRUARY 15—28, 2021

Week

Exc Volume

High

Low

Last

0.33 0.07 0.32 0.25 0.04 0.03 0.10 0.12 0.12 0.02 0.13 0.66 0.31 0.45 21.28 16.60 0.10 0.38 0.29 1.40 1.10 0.00 0.07 3.83 0.00 0.12 0.15 0.01 0.16 0.21 0.03 0.22 0.28 1.42 1.83 0.00 0.06 0.07 0.08 2.23 1.74 0.52 0.41 0.00 0.24 0.15 0.00 0.17 0.15 0.00 0.00 0.31 0.40 0.33 0.00 0.15 0.19 0.14 0.17 0.65 0.00 0.42 0.41 0.08 0.00 0.75 0.95 0.16 0.50 0.38 0.29 21.07 16.40 0.52 0.65 0.00 0.47 0.09 0.08 0.39 0.00 0.11 0.00 0.83

0.35 0.07 0.35 0.26 0.05 0.03 0.17 0.22 0.12 0.02 0.14 0.70 0.45 0.57 21.99 17.22 0.10 0.48 0.38 1.75 1.41 0.51 0.09 4.08 0.04 0.14 0.17 0.03 0.17 0.22 0.05 0.22 0.29 1.63 2.07 0.05 0.06 0.07 0.09 2.36 1.84 0.63 0.48 0.32 0.26 0.15 0.00 0.20 0.15 0.24 0.00 0.33 0.41 0.35 0.34 0.16 0.21 0.18 0.23 0.68 0.60 0.46 0.41 0.12 0.05 0.79 1.01 0.18 0.51 0.40 0.32 22.06 17.26 0.54 0.71 0.53 0.50 0.10 0.08 0.41 0.32 0.13 0.00 0.90

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

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

1815 127 1842 1993 646 13 10139 34402 1449 135 250 145 50 361 3944 11783 1216 34300 8813 140 192 124 4534 1544 0 435 2148 1400 38 1303 8 113 201 48 250 0 115 341 141 242 52 383 101 121 35 164 2480 77 66 206 39 365 815 238 0 4026 5798 226 2635 140 186 40 6 11722 0 739 2111 836 582 1645 93 70914 68630 21 379 15 20 587 50 627 13 592 57 354

0.46 0.08 0.37 0.29 0.05 0.04 0.18 0.22 0.13 0.02 0.14 0.70 0.46 0.57 24.43 19.09 0.11 0.72 0.57 2.25 1.77 0.58 0.09 4.21 0.04 0.15 0.20 0.04 0.18 0.23 0.07 0.26 0.33 1.64 2.13 0.00 0.07 0.08 0.10 2.45 2.00 0.76 0.61 0.33 0.26 0.16 0.00 0.20 0.25 0.29 0.00 0.33 0.43 0.36 0.00 0.22 0.28 0.20 0.26 0.75 0.70 0.55 0.41 0.15 0.00 1.00 1.27 0.18 0.52 0.47 0.33 22.86 17.79 0.56 0.73 0.60 0.50 0.11 0.08 0.42 0.34 0.16 0.01 1.00

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

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

363 77 953 1632 556 6 2961 14 602 6816 668 46596 82 739 207 129

0.22 0.17 0.10 0.32 0.25 0.02 0.60 0.00 21.65 0.06 1.22 0.97 0.25 0.34 0.12 0.10

(100s)

12-month Change

High Low

Stock

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

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

0.01 0.01 0.01 0.02 0.00 0.00 0.07 0.09 0.01 0.00 0.00 0.03 0.11 0.14 0.49 0.38 0.01 0.13 0.10 0.14 0.07 0.00 0.01 0.11 0.02 0.01 0.01 0.02 0.01 0.00 0.00 0.03 0.01 0.15 0.08 0.00 0.02 0.01 0.01 0.02 0.01 0.00 0.01 0.00 0.01 0.01 0.00 0.00 0.08 0.07 0.00 0.03 0.04 0.02 0.00 0.02 0.03 0.04 0.06 0.01 0.09 0.08 0.00 0.04 0.00 0.02 0.03 0.01 0.03 0.02 0.00 0.67 0.53 0.02 0.02 0.07 0.02 0.01 0.00 0.02 0.01 0.01 0.00 0.10

0.55 0.14 0.77 0.59 0.08 0.06 0.18 0.22 0.20 0.03 0.17 0.83 0.78 0.71 33.69 25.32 0.20 0.72 0.57 2.25 1.77 0.60 0.17 4.60 0.08 0.25 0.38 0.04 0.35 0.46 0.19 0.27 0.35 2.24 2.94 0.51 0.11 0.14 0.12 3.14 2.41 0.92 0.70 0.33 0.26 0.28 0.02 0.35 0.26 0.38 0.01 0.60 0.80 0.52 0.41 0.26 0.33 0.20 0.26 0.83 0.94 0.72 0.55 0.15 0.05 2.20 3.50 0.22 1.34 0.60 0.47 41.06 30.90 1.15 1.53 0.89 0.58 0.32 0.24 0.85 0.65 0.16 0.05 1.10

0.05 0.04 0.05 0.03 0.02 0.01 0.01 0.01 0.02 0.01 0.03 0.22 0.02 0.14 12.12 9.00 0.01 0.03 0.02 0.05 0.05 0.16 0.05 0.39 0.02 0.12 0.12 0.00 0.11 0.15 0.01 0.05 0.07 0.38 0.28 0.05 0.01 0.02 0.04 0.63 1.42 0.05 0.00 0.24 0.24 0.02 0.00 0.10 0.11 0.05 0.00 0.18 0.25 0.18 0.14 0.01 0.02 0.01 0.03 0.15 0.12 0.29 0.21 0.03 0.03 0.60 0.09 0.06 0.49 0.10 0.08 14.02 9.61 0.26 0.33 0.11 0.22 0.02 0.03 0.02 0.03 0.05 0.00 0.09

0.19 0.20 unch 0.15 0.15 0.09 0.09 0.30 0.31 + 0.24 0.25 + 0.02 0.02 unch 0.53 0.59 + 0.00 0.00 unch 17.45 19.39 0.04 0.05 + 0.92 0.92 0.72 0.74 0.00 0.24 0.28 0.29 0.10 0.12 + 0.09 0.09 unch

0.00 0.00 0.02 0.01 0.01 0.00 0.04 0.00 2.12 0.02 0.05 0.01 0.02 0.02 0.01 0.00

0.31 0.22 0.23 0.44 0.47 0.05 0.62 0.00 26.25 0.07 2.12 1.91 0.39 1.00 0.16 0.16

0.07 0.05 0.03 0.29 0.16 0.01 0.08 0.00 2.75 0.01 0.55 0.36 0.18 0.04 0.04 0.03

T

Week

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

1260 106 765 13917 2077 190 38 8126 19993 25 756 37 190 44 724 1696 1066 17 152 54 3418 376 108 4642 932 302 3 506 79 160 4089 10 5 95 790 6 74 2194 446 63 266 723 680 1542 13 5 11 191 1665 198 323 719 446 2855 509 14 1043 2 247 2223 19 274 5 901 1 437 341 265 842 1060 405 25 5 313 3891 14 209 2 224 241 298 3040 454 28 165 300 832 1395 1098 450 288 929 1615 36 2 48 211 223 847 705 645 2585 1063 1517

High

Low

Last

0.19 0.50 0.55 1.40 1.79 0.34 0.20 24.09 18.82 27.00 0.12 0.10 0.24 0.18 1.22 1.53 0.18 0.13 0.26 10.47 13.44 0.07 0.06 0.27 0.21 0.05 0.06 0.08 2.30 2.60 2.53 0.09 0.07 0.33 0.22 0.17 0.20 0.14 0.11 0.14 0.49 0.38 0.22 0.29 0.08 0.90 0.51 0.67 0.42 1.73 2.20 0.08 0.56 0.10 0.29 2.76 0.40 0.18 14.19 17.84 0.64 0.80 0.05 0.08 0.04 0.04 0.20 0.16 1.02 1.31 7.35 0.15 0.14 0.17 0.21 0.18 0.23 0.12 0.07 0.09 2.88 2.25 0.08 0.08 0.09 0.07 0.28 0.22 0.22 0.16 0.88 1.12 0.10 0.07 0.11 0.09 0.70 2.25 2.89 1.07 0.83 12.62 16.11 0.03

0.14 0.30 0.47 1.24 1.59 0.29 0.13 22.56 17.60 25.25 0.10 0.08 0.20 0.15 1.00 1.47 0.13 0.10 0.22 9.73 12.41 0.06 0.05 0.20 0.16 0.04 0.06 0.06 1.81 2.38 1.50 0.00 0.04 0.23 0.20 0.17 0.17 0.10 0.08 0.12 0.30 0.23 0.18 0.25 0.00 0.00 0.46 0.59 0.34 1.69 2.18 0.06 0.46 0.08 0.27 0.00 0.25 0.18 12.67 16.22 0.00 0.71 0.05 0.07 0.02 0.04 0.16 0.13 0.78 1.01 6.26 0.00 0.11 0.15 0.19 0.17 0.21 0.00 0.00 0.07 2.56 1.99 0.00 0.04 0.00 0.00 0.24 0.19 0.19 0.14 0.80 1.01 0.06 0.06 0.00 0.09 0.55 1.94 2.61 0.96 0.76 11.30 14.43 0.03

0.15 0.40 0.50 1.35 1.72 0.34 0.20 23.43 18.33 26.54 0.11 0.09 0.21 0.15 1.19 1.50 0.13 0.10 0.26 10.33 13.23 0.06 0.05 0.27 0.21 0.04 0.06 0.07 1.92 2.45 2.50 0.08 0.07 0.27 0.22 0.17 0.17 0.14 0.11 0.12 0.45 0.31 0.20 0.27 0.07 0.90 0.50 0.64 0.40 1.73 2.20 0.08 0.56 0.08 0.27 2.76 0.27 0.18 13.82 17.67 0.63 0.80 0.05 0.08 0.02 0.04 0.20 0.16 0.84 1.06 7.31 0.15 0.13 0.16 0.20 0.17 0.21 0.12 0.07 0.08 2.66 2.10 0.07 0.04 0.09 0.07 0.25 0.20 0.22 0.16 0.86 1.10 0.10 0.07 0.11 0.09 0.70 2.12 2.65 0.96 0.76 12.56 15.99 0.03

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

0.00 0.01 0.00 0.16 0.17 0.04 0.05 0.07 0.05 0.29 0.01 0.02 0.06 0.03 0.06 0.05 0.04 0.01 0.01 0.36 0.58 0.01 0.01 0.00 0.00 0.00 0.00 0.01 0.05 0.06 0.98 0.02 0.02 0.06 0.02 0.00 0.00 0.03 0.02 0.03 0.15 0.07 0.01 0.01 0.01 0.00 0.04 0.02 0.06 0.03 0.00 0.00 0.04 0.02 0.02 0.61 0.03 0.00 0.65 0.83 0.03 0.05 0.00 0.01 0.01 0.00 0.03 0.03 0.16 0.22 1.00 0.00 0.00 0.01 0.01 0.01 0.01 0.00 0.02 0.00 0.02 0.02 0.00 0.00 0.02 0.01 0.01 0.01 0.03 0.02 0.05 0.06 0.02 0.00 0.00 0.00 0.10 0.06 0.15 0.05 0.03 1.56 1.89 0.00

(100s)

High Low

Stock

0.22 0.55 0.55 1.47 1.85 0.45 0.20 27.08 21.34 30.00 0.34 0.25 0.33 0.23 1.78 2.27 0.30 0.18 0.30 12.82 16.80 0.14 0.08 0.55 0.41 0.06 0.12 0.17 3.80 4.85 2.65 0.09 0.07 0.70 0.28 0.17 0.34 0.20 0.16 0.20 0.51 0.40 0.22 0.29 0.08 1.50 0.99 1.10 0.70 2.04 2.64 0.08 0.56 0.11 0.33 3.09 0.55 0.50 19.45 25.52 0.67 0.86 0.10 0.14 0.05 0.07 0.23 0.16 1.40 1.98 7.35 0.20 0.14 0.21 0.27 0.29 0.40 0.19 0.08 0.12 3.24 2.43 0.12 0.30 0.15 0.11 0.47 0.35 0.48 0.34 1.33 1.82 0.11 0.27 0.13 0.10 0.88 3.40 4.51 1.80 1.33 14.62 18.58 0.04

TVI Pacific* Tyhee Gold* Tymbal Res Typhoon Expl

0.04 0.00 0.05 0.20 0.28 0.09 0.10 8.15 5.60 9.00 0.09 0.07 0.04 0.04 0.30 0.10 0.03 0.02 0.22 2.84 3.86 0.04 0.02 0.16 0.11 0.01 0.03 0.03 0.20 0.27 0.43 0.03 0.02 0.10 0.13 0.16 0.07 0.05 0.03 0.07 0.06 0.02 0.05 0.07 0.03 0.35 0.11 0.14 0.24 0.31 0.44 0.02 0.10 0.06 0.12 0.50 0.15 0.00 6.19 8.79 0.21 0.27 0.01 0.02 0.02 0.03 0.11 0.08 0.78 0.45 4.23 0.06 0.05 0.04 0.06 0.09 0.03 0.12 0.01 0.02 1.50 1.03 0.05 0.01 0.04 0.05 0.19 0.13 0.07 0.06 0.30 0.42 0.02 0.03 0.04 0.02 0.05 0.27 0.38 0.27 0.20 3.01 4.30 0.01

Week

Exc Volume O O V V

120 462 626 145

High

Low

0.03 0.00 0.02 0.09

0.02 0.00 0.02 0.08

Last

12-month Change

0.03 0.00 + 0.02 unch 0.08 -

0.00 0.00 0.00 0.01

High Low 0.03 0.01 0.05 0.11

0.00 0.00 0.02 0.03

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

D 880 V 120 O 88 C 281 O 11734 O 760 V 699 T 10987 O 68 V 55 O 1386 O 120 V 1329 O 703 C 1690 O 136 X 70688 N 139076 V 559 V 1170 X 26118 T 914 V 4092 X 21632 O 12839 D 54998 O 236 V 1216 V 1869 O 602 V 2100 O 717 V 120 V 231 O 38 N 150780 O 17887 O 102 V 440 C 733 O 16 V 232 O 18 V 276 O 70 V 922 O 1161 V 1936 V 738 O 647 V 56 O 1 O 5 V 165 V 2517 O 616 V 25 O 113 T 137 O 820 O 334 O 33 V 2237 T 758 O 329 O 110 V 708 O 114 C 313 C 2697 O 117 V 26 O 43 V 1099 O 54 V 234 V 2237 O 514 V 293 T 72 X 4510 O 160 V 574 V 4275 O 925 C 5 O 89 V 641 O 5 C 82 O 21 V 551 O 300 V 292 O 16 V 4306

12.69 0.17 0.14 0.05 13.48 1.55 1.97 0.33 0.13 0.18 0.19 0.25 0.32 0.67 0.86 0.03 0.86 18.43 0.11 3.21 1.01 1.29 1.09 1.89 0.09 9.70 1.80 2.29 0.04 0.03 0.28 0.00 0.24 0.15 0.16 17.32 0.13 0.25 0.31 0.16 0.07 0.09 0.06 0.08 0.17 0.21 0.09 0.11 1.07 0.84 0.30 0.21 0.39 0.50 0.08 0.06 0.10 0.05 1.19 0.20 0.03 0.05 0.09 12.41 9.76 0.48 0.62 0.06 0.08 0.09 0.07 0.14 0.11 0.48 0.21 0.27 0.07 0.06 0.20 1.39 1.10 0.22 0.29 1.79 1.41 0.14 0.44 0.56 0.25 0.39 0.06 0.08 0.26 0.32 0.07 0.10

10.76 0.13 0.11 0.00 6.54 0.99 1.32 0.25 0.11 0.00 0.11 0.21 0.28 0.60 0.77 0.02 0.73 16.13 0.10 2.10 0.83 1.06 0.89 1.61 0.05 6.28 1.50 1.92 0.03 0.02 0.25 0.00 0.20 0.14 0.00 16.21 0.09 0.22 0.28 0.15 0.07 0.08 0.00 0.06 0.14 0.17 0.07 0.10 0.87 0.68 0.00 0.00 0.38 0.47 0.06 0.04 0.10 0.04 0.98 0.02 0.00 0.04 0.04 11.47 8.97 0.37 0.54 0.00 0.06 0.08 0.06 0.13 0.08 0.43 0.17 0.00 0.06 0.04 0.19 1.21 0.94 0.19 0.24 1.51 1.17 0.14 0.41 0.50 0.25 0.35 0.05 0.07 0.23 0.29 0.04 0.05

12.45 0.15 0.11 0.05 13.20 1.39 1.78 0.32 0.11 0.14 0.12 0.23 0.30 0.67 0.86 0.03 0.75 16.55 0.10 3.10 0.93 1.20 1.01 1.82 0.07 9.01 1.75 2.24 0.03 0.02 0.27 0.00 0.23 0.15 0.16 17.26 0.10 0.23 0.29 0.16 0.07 0.08 0.04 0.08 0.16 0.20 0.08 0.10 0.97 0.76 0.28 0.21 0.39 0.50 0.08 0.05 0.10 0.05 1.06 0.08 0.01 0.05 0.07 11.81 9.23 0.43 0.56 0.05 0.07 0.08 0.06 0.13 0.08 0.45 0.20 0.24 0.06 0.05 0.20 1.25 0.99 0.20 0.26 1.56 1.22 0.14 0.41 0.54 0.25 0.39 0.06 0.07 0.25 0.31 0.07 0.09

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

1.46 0.02 0.03 0.01 6.81 0.31 0.48 0.07 0.00 0.01 0.00 0.01 0.01 0.05 0.06 0.00 0.07 1.21 0.00 0.98 0.13 0.15 0.12 0.19 0.01 2.63 0.20 0.24 0.01 0.01 0.01 0.00 0.02 0.00 0.02 1.11 0.01 0.00 0.01 0.01 0.00 0.01 0.00 0.02 0.01 0.02 0.00 0.00 0.03 0.02 0.06 0.03 0.00 0.03 0.02 0.00 0.00 0.00 0.10 0.06 0.00 0.01 0.02 0.09 0.08 0.04 0.04 0.00 0.01 0.01 0.00 0.01 0.02 0.03 0.01 0.01 0.01 0.00 0.02 0.03 0.01 0.02 0.02 0.00 0.01 0.00 0.01 0.03 0.00 0.04 0.01 0.01 0.02 0.02 0.03 0.04

17.40 0.21 0.90 0.08 13.48 1.67 2.12 0.33 0.23 0.22 0.21 0.50 0.67 0.78 0.99 0.05 1.04 24.71 0.13 6.48 1.34 1.69 1.18 2.17 2.25 14.50 1.80 2.29 0.06 0.04 0.45 0.00 0.27 0.20 0.16 19.00 0.20 0.29 0.38 0.24 0.10 0.14 0.07 0.09 0.19 0.24 0.10 0.13 1.75 2.32 0.31 0.22 0.41 0.54 0.11 0.09 0.15 0.05 1.34 1.00 2.00 0.05 0.09 21.04 16.09 0.66 0.83 0.07 0.10 0.25 0.10 0.15 0.11 0.49 0.30 0.38 0.10 0.08 0.22 1.90 1.45 0.36 0.48 2.93 2.14 0.44 0.68 0.93 0.38 0.50 0.10 0.12 0.35 0.40 0.07 0.10

2.61 0.04 0.01 0.04 0.09 0.64 0.70 0.07 0.01 0.02 0.06 0.07 0.10 0.03 0.01 0.02 0.22 4.54 0.03 1.57 0.27 0.39 0.05 0.35 0.01 0.25 0.56 0.80 0.01 0.00 0.05 0.00 0.10 0.06 0.05 6.49 0.00 0.09 0.14 0.06 0.03 0.03 0.01 0.02 0.03 0.04 0.03 0.03 0.41 0.31 0.15 0.03 0.15 0.20 0.03 0.01 0.03 0.00 0.21 0.00 0.00 0.01 0.02 4.02 2.88 0.11 0.17 0.01 0.01 0.05 0.02 0.04 0.03 0.20 0.02 0.04 0.01 0.01 0.01 0.51 0.36 0.09 0.14 0.24 0.16 0.08 0.03 0.05 0.13 0.13 0.03 0.04 0.10 0.16 0.03 0.03

(100s) Stock

Exc Volume

Week

12-month

High

Low

Last

Change

0.13 0.10

0.14 0.11

-

0.01 0.01

0.04 0.08 + 0.08 0.09 0.10 0.10 unch 0.49 0.53 + 0.65 0.67 0.25 0.31 + 0.07 0.08 0.10 0.10 unch 0.04 0.05 + 0.14 0.16 + 0.18 0.21 + 0.07 0.08 8.86 9.13 6.90 7.17 0.18 0.19 unch 0.07 0.08 0.10 0.10 1.19 1.30 1.76 1.89 + 0.08 0.09 0.08 0.08 1.15 1.22 + 1.48 1.54 + 0.36 0.41 + 0.11 0.13 0.15 0.17 0.15 0.16 + 0.00 0.12 0.15 0.15 unch 0.82 0.96 + 0.64 0.75 + 1.85 1.85 unch 0.68 0.69 0.54 0.55 0.14 0.17 + 0.00 0.19 0.18 0.20 unch 0.00 0.14 unch 0.00 1.30 unch 50.27 51.87 39.19 40.64 0.10 0.10 unch 0.48 0.54 + 0.64 0.70 + 0.07 0.09 + 0.09 0.12 + 0.02 0.03 + 1.15 1.16 2.79 2.85 0.14 0.15 unch 0.16 0.21 + 0.10 0.10 unch 0.09 0.09 0.11 0.12 + 0.08 0.09 1.31 1.41 + 0.24 0.25 + 0.29 0.32 + 0.98 1.14 + 0.14 0.15 0.05 0.05 unch 0.10 0.11 + 0.08 0.08 + 0.04 0.05 unch 0.14 0.15 unch 0.10 0.12 + 0.00 0.00 unch 0.06 0.06 unch 0.06 0.06 0.26 0.30 + 0.34 0.38 + 0.06 0.07 + 0.13 0.14 unch 1.31 1.39 + 1.03 1.06 + 5.94 6.26 + 4.63 4.90 + 0.83 0.83 unch 0.03 0.03 0.05 0.05 0.17 0.17 0.07 0.07 unch 2.83 3.00 + 2.25 2.39 + 0.15 0.15 unch 0.18 0.19 + 0.13 0.16 + 0.19 0.20 0.01 0.02 + 0.16 0.18 0.00 0.14 + 0.18 0.21 + 0.14 0.17 +

0.04 0.00 0.00 0.01 0.01 0.02 0.00 0.00 0.01 0.02 0.03 0.01 0.63 0.49 0.00 0.01 0.01 0.12 0.06 0.02 0.00 0.06 0.06 0.02 0.00 0.01 0.01 0.01 0.00 0.10 0.07 0.00 0.04 0.01 0.02 0.01 0.00 0.00 0.00 0.65 0.43 0.00 0.00 0.02 0.03 0.03 0.01 0.08 0.68 0.00 0.02 0.00 0.00 0.01 0.00 0.05 0.02 0.01 0.11 0.03 0.00 0.02 0.01 0.00 0.00 0.01 0.00 0.00 0.00 0.02 0.03 0.01 0.00 0.07 0.05 0.29 0.24 0.00 0.01 0.01 0.53 0.00 0.01 0.06 0.00 0.02 0.00 0.01 0.01 0.03 0.01 0.03 0.04

VVC Expl VVC Expl*

V O

262 427

0.15 0.12

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

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

39 225 3335 1654 4794 474 315 665 359 753 674 317 2430 519 301 772 1369 166 93 196 93 2227 597 147 1287 1014 213 20 42 338 536 1 444 130 10 10 12 0 0 6079 19479 1 198 288 174 3472 348 7 161 8 40 299 2 5988 4578 2269 298 1302 2290 2058 28 360 31 117 203 5 0 14 5 89 386 630 1235 92 31 16623 74094 13 338 3457 2 3 844 523 3 217 132 109 776 436 41 293 33

0.08 0.09 0.12 0.61 0.70 0.31 0.09 0.11 0.06 0.17 0.21 0.09 10.23 7.95 0.20 0.10 0.12 1.42 2.00 0.10 0.08 1.25 1.56 0.45 0.14 0.18 0.16 0.12 0.15 1.10 0.86 1.85 0.73 0.58 0.18 0.23 0.20 0.00 1.30 59.65 46.61 0.10 0.60 0.74 0.09 0.12 0.03 1.23 3.86 0.15 0.22 0.11 0.09 0.12 0.10 1.60 0.27 0.35 1.18 0.17 0.05 0.12 0.09 0.05 0.16 0.12 0.00 0.07 0.06 0.30 0.38 0.07 0.21 1.41 1.09 6.40 4.98 0.83 0.04 0.06 0.70 0.07 3.15 2.51 0.15 0.20 0.16 0.21 0.04 0.20 0.15 0.23 0.17

23

High Low 0.15 0.02 0.13 0.01

W-Z 0.17 0.14 0.19 1.01 1.35 0.70 0.11 0.15 0.07 0.25 0.33 0.12 15.00 11.37 0.30 0.17 0.21 1.99 2.43 0.19 0.14 1.53 1.95 0.69 0.15 0.18 0.31 0.20 0.33 1.45 1.12 2.05 1.25 0.93 0.22 0.30 0.24 0.14 7.00 76.69 57.89 0.11 2.00 1.34 0.09 0.12 0.03 1.68 4.80 0.24 0.30 0.15 0.11 0.20 0.18 2.34 0.27 0.36 1.37 0.26 0.07 0.25 0.18 0.10 0.45 0.20 0.01 0.23 0.16 0.60 0.80 0.11 0.23 1.54 1.15 9.29 7.02 0.84 0.06 0.08 0.70 0.12 3.77 2.97 0.22 1.15 0.88 0.28 0.10 0.20 0.15 0.35 0.26

0.03 0.05 0.06 0.25 0.33 0.02 0.03 0.03 0.02 0.05 0.07 0.03 5.85 4.10 0.07 0.02 0.04 0.45 1.15 0.04 0.04 0.31 0.44 0.01 0.07 0.09 0.13 0.11 0.06 0.25 0.15 1.00 0.35 0.25 0.10 0.08 0.04 0.05 1.00 26.99 18.66 0.04 0.29 0.41 0.02 0.02 0.00 0.63 0.57 0.04 0.06 0.05 0.03 0.01 0.00 0.44 0.05 0.07 0.43 0.13 0.02 0.03 0.03 0.01 0.04 0.10 0.00 0.04 0.02 0.20 0.26 0.05 0.03 0.43 0.30 3.11 2.23 0.64 0.02 0.03 0.11 0.07 0.26 0.17 0.04 0.13 0.10 0.08 0.00 0.06 0.04 0.16 0.12

BID-ASK — FEBRUARY 1–5, 2020 12-MONTH STOCK

Aftermath Silv Alacer Gold Amseco Expl Anglo-Bomarc Antler Hill Apex Res Asbestos Corp AsiaBaseMetals Atlanta Gold Atlantic Indus Aurelius Min Aurex Energy Avarone Metals Aya Gold Banro Corp* Barker Min BCM Res BE Res Boss Power Brunswick Res Bullion Gold C2C Gold Cairo Res Camrova Res Canada Coal Centurion Mnls Cerro de Pasc Cerro Mng Cliffs Nat Res* Comet Inds Cresval Cap CROPS Crystal Peak Cyntar Venture Duro Metals Electra Stone ESV Res Everton Res Evolution Glob Excalibur Res Finore Mng First Idaho Five Star Diam Freedom Egy Full Metal Mnl Fusion Gold GAR Limited General Moly* Gentor Res Gespeg Res GFM Res Global Cop Grp

EXC

BID

ASK

LAST

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

0.24 9.41 0.02 0.08 0.05 0.07 0.57 0.24 0.03 0.03 0.13 0.04 ...

1.94 0.11 0.01 0.07 0.20 0.17 ...

0.06 ...

0.25 0.01 0.06 ... ...

0.15 1.45 2.85 0.02 0.01 0.01 0.10 0.22 0.01 0.45 0.10 ...

0.09 0.12 0.08 0.03 0.02 0.14 0.01 ... ...

0.06 0.06 0.07 0.07

0.25 9.52 0.11 0.08 0.05 0.11 0.85 0.25 0.04 0.03 0.14 0.06 ...

2.19 0.11 0.01 ...

0.37 0.20 0.05 0.15 ...

0.87 0.01 0.06 0.05 ...

0.40 3.20 3.25 0.02 0.01 0.02 ...

0.38 0.02 0.63 0.10 ...

0.10 0.12 0.20 0.04 0.02 0.14 ... ... ...

0.10 0.06 0.13 0.08

0.25 9.47 0.04 0.15 0.06 0.10 0.65 0.24 0.03 0.03 0.14 0.05 0.04 2.01 0.11 0.01 0.08 0.20 0.17 0.03 0.10 0.11 0.37 0.07 0.06 0.07 0.29 0.60 1.43 3.00 0.03 0.02 0.01 0.19 0.19 0.01 0.56 0.03 2.00 0.10 0.11 0.12 0.03 0.01 0.10 0.17 0.15 0.11 0.06 0.06 0.10 0.08

12-MONTH

HIGH

LOW

STOCK

0.33 10.82 0.08

0.05 3.50 0.02

0.17 0.99 0.64 0.04 0.03 0.15 0.09 0.15 2.50 2.10

0.04 0.35 0.18 0.03 0.01 0.03 0.03 0.03 0.82 0.10

0.09 0.22

0.02 0.09

0.47 0.15 0.37

0.09 0.03 0.20

Golden Cariboo Golden Indepen GoldHaven Res Graphite Egy Great Lakes Gr Great Quest Fe Green Arrow GrowMax Res Highbury Proj Highvista Gold Hornby Bay Mnl Indico Res Inspiration Mg Interconnect Intl Battery Iron South Mng Jasper Mining Jubilee Gold K9 Gold Karora Res Kermode Res Knick Expl Kodiak Copper La Imperial Latin Metals Leo Res Lida Resources Lightspeed Dis Madeira Mrnls MAG Silver* Major Precious Margaret Lake Mariner Res Melior Res Metalo Manuf Midasco Cap MillenMin Vent Minecorp Egy Mineral Hill Mongoose Mg Montana Gold Napier Vent Navis Res Corp Nebu Res New Klondike Newmac Res NRG Metals NSGold O2Gold Ord Mountain Pac Arc Res Parallel Mng

0.07

0.01

0.34 0.60 7.17 3.30 0.08 0.03 0.10 0.21 0.27

0.12 0.07 0.98 2.00 0.02 0.01 0.01 0.11 0.11

0.56

0.40

2.00 0.11

2.00 0.01

0.05

0.01

4.13 100.00 0.08 0.12 0.15 0.11

0.13 0.10 0.03 0.04 0.07 0.04

EXC

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

BID

0.10 ... ... ...

0.05 ...

0.02 0.02 0.24 ...

0.08 ... ...

0.07 ...

0.24 0.08 0.61 0.17 0.47 0.01 0.01 0.05 0.05 0.03 ... ...

0.11 ...

12.52 ...

0.03 ...

0.06 0.08 0.08 ... ...

0.16 0.05 0.09 0.06 ...

0.03 0.01 0.07 0.31 0.26 0.23 0.30 0.02 0.13

12-MONTH

ASK

LAST

HIGH

LOW

STOCK

0.12 ... ... ...

0.05 0.01 0.03 0.02 ... ...

0.08 0.01 ...

0.35 ...

0.27 0.15 0.82 0.24 0.48 0.01 0.01 0.06 0.15 0.04 ... ...

0.11 ...

13.30 ...

0.04 ...

0.07 0.17 0.10 ... ...

0.16 0.10 0.10 ... ...

0.03 0.01 0.10 0.34 0.33 0.27 0.30 0.25 0.15

0.10 0.38 0.42 0.47 0.04 0.10 0.02 0.09 0.23 0.17 0.06 0.01 0.03 0.08 0.31 0.24 0.08 0.68 0.24 0.48 0.01 0.01 0.05 0.05 0.03 1.09 0.24 0.11 0.03 12.52 0.42 0.03 0.59 0.08 0.11 0.10 0.05 0.12 0.15 0.05 0.10 0.07 0.30 0.04 0.01 0.07 0.31 0.34 0.23 0.20 0.16 0.15

0.15 0.40 0.45 0.47

0.02 0.05 0.06 0.42

0.04

0.02

0.30

0.22

0.11

0.03

0.11

0.06

0.28 0.18 0.90 0.28 0.73 0.02

0.04 0.03 0.38 0.16 0.20 0.01

0.13 0.12 0.16

0.04 0.01 0.02

0.27 0.35

0.13 0.08

14.40 0.42 0.09 0.62 0.08 0.30 0.10

6.12 0.02 0.02 0.13 0.02 0.07 0.07

0.20

0.07

0.14 0.10 0.10

0.05 0.02 0.04

0.16 0.66 0.69 0.37 0.25 0.16 0.20

0.03 0.24 0.10 0.06 0.06 0.16 0.10

Pedro Res Plata Latina Primary Energy Prism Res ProAm Expl Quantum Cobalt Quinto Res Rare Element* Red Oak Mining Reliant Gold Remington Res Rizal Res Rockland Mnls Ross River Royal Gold Sage Gold Samco Gold Saville Res Secova Mtls Sennen Potash Sierra Madre Silver Mtn Mns Southern Arc SouthGobi Res Southstone Min Stans Energy Stria Lithium Stuve Gold Surge Explor Thesis Gold Thunder Mtn Gd Trench Metals Tri-River Vent TriMetals Mng TRU Precious Vale* ValOre Metals Vangold Res Vatic Vent Venerable Vent Volatus Cap Westminster Rs Whitemud Res Winshear Gold Worldwide Res Yukoterre Res Zadar Ventures Zara Res Zena Mining Zinc One Res Zinco Mng Zincore Mtls

EXC

BID

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

0.09 0.04 ...

0.05 0.07 ...

0.02 0.11 0.10 ...

0.29 0.01 0.07 ...

0.33 0.01 0.05 0.05 0.05 ... ...

0.25 0.32 0.03 0.01 0.01 0.03 0.34 0.39 0.80 0.10 0.55 ...

0.11 0.40 ...

0.06 0.32 0.05 0.08 0.15 0.19 0.01 0.12 0.05 ...

0.35 ...

0.15 0.01 0.05 0.05

ASK

0.15 0.05 ...

0.06 0.14 ...

0.02 0.16 0.20 ...

0.35 0.02 0.08 0.39 0.40 0.01 ...

0.05 0.06 1.00 0.15 0.35 0.90 0.12 0.01 0.01 0.03 0.45 0.44 1.00 ...

0.55 0.25 0.12 0.40 ...

0.07 0.32 ...

0.20 0.19 0.23 0.02 0.14 0.06 ...

0.35 ...

0.20 0.02 0.07 0.40

LAST

0.13 0.04 0.17 0.04 0.07 1.10 0.08 0.15 0.10 0.02 0.30 0.02 0.08 0.26 0.40 0.02 0.05 0.05 0.05 0.45 0.11 0.31 0.89 0.09 0.01 0.01 0.02 0.41 0.39 0.90 0.12 0.55 0.04 0.12 0.29 10.24 0.07 0.28 0.10 0.10 0.14 0.20 0.02 0.14 0.05 0.10 0.30 0.07 0.15 0.01 0.05 0.05

HIGH

LOW

0.19 0.05 0.82 0.07 0.15 3.15 0.08 0.89 0.11

0.09 0.01 0.16 0.01 0.05 0.20 0.02 0.06 0.07

0.35

0.07

0.11

0.01

0.60

0.20

0.06

0.02

0.20 0.53 0.93 0.20 0.04 0.02 0.03 0.55 0.23 0.90 0.29 0.22

0.06 0.08 0.24 0.06 0.01 0.01 0.01 0.21 0.03 0.52 0.07 0.04

0.12 0.38 11.10 0.13 0.34

0.03 0.04 6.57 0.07 0.03

0.15 0.44 0.24 0.03 0.15 0.07 0.10 0.35 0.22 0.22 0.03

0.03 0.08 0.04 0.01 0.05 0.02 0.08 0.13 0.07 0.04 0.01

24

FEBRUARY 15—28, 2021 / THE NORTHERN MINER

WWW.NORTHERNMINER.COM

www.benchmarkmetals.com

O T H T PA N O I T C U D O PR

K R A M H C N E B METALS

BENCHMARK METALS TOUTS 2020 DRILLING PROGRESS AHEAD OF MINERAL RESOURCE ESTIMATE, PRELIMINARY ECONOMIC STUDY Benchmark Metals Inc. is a Canadian mineral exploration company focused on proving and developing the substantial resource potential of the Lawyer’s Gold-Silver Project, located in the prolific Golden Horseshoe of northern British Columbia, Canada. Benchmark is managed by proven resource sector professionals, who have a track record of advancing exploration projects from grassroots scenarios through to production. > New drill results will continue to be released as they become available through to February 2021; > Mineral Resource Estimate in Q1 2021; > Preliminary Economic Assessment in Q2 2021; > Ongoing studies related to Feasibility Study in 2022 and;, and; > 2021 work program – planning for the largest drilling program in the projects history.

TSX-V: BNCH | OTCQX: BNCHF | WKN: A2JM2X

FEBRUARY 23-24, 2021

Global EVENT GUIDE | 2021 GLOBAL MINING SYMPOSIUM

www.northernminer.com/gms2021

Presented by The Northern Miner

Mining and metals experts help investors navigate uncharted waters at GMS

W

hew. We made it. That was a heck of a year, and while the economic, social and political uncertainty persists to this day, our team at The Northern Miner is doing our best to try to alleviate some of that anxiety by bringing you the information and key insights you need to navigate these uncharted waters.

With our third installment of The Global Mining Symposium, we will meet head-on the big issues of the day: The commodity cycle, the role of the mining and metals industry in the future economy and how to get ESG thinking embedded into corporate thinking in the mining and exploration space.

To help us achieve our goal of being the most concentrated and most efficient place for you to get the most relevant actionable information you can fi nd, we are enlisting the help of leading industry experts including Paul Brink, CEO of Franco-Nevada, Daniella Dimitrov, Partner at Sprott Capital Partners and John McClusky CEO of Alamos Gold. Noted industry luminaries such as Catherine Gignac, Margot Naudie and Andrew Cheatle, to name just a few, will also be giving key talks around the issues that matter most for 2021 and beyond.

And of course, as always, we are bringing you a suite of exciting junior

companies that are poised to accomplish some big things in the year ahead, as they are advancing some of the industry’s best projects, and can share their innovative technologies that will help them drive value in the coming year.

We have averaged over 2,000 individuals from more than 80 countries during our first three virtual events, and early registration for the next symposium is outpacing the previous two. One of the things that make our symposiums such a resounding success are the live question and answer sessions with our speakers.

We look forward to seeing and hearing from you all again on Feb. 23 and 24.

Anthony Vaccaro, CFA Group Publisher, The Northern Miner Group Mining Lead, Glacier Resource Innovation Group Glacier Media (GVC-T)

TSX.V: AMX OTCQX: AMXEF FRA: MX0 www.amexexploration.com info@amexexploration.com +1 514 866 8209

MAKING THE GRADE

Executing One of the Largest Drill Programs in Canada FULLY FUNDED 300,000m drill program aims to build ounces on known gold zones and discover multiple new zones CONSISTENTLY DELIVERS exceptional high grade results, +100 drill holes have intersected gold mineralization greater than 10 g/t Au over variable widths SURROUNDED BY GOLD MINES, the Perron project is located in the Quebec Abitibi Gold Belt

Recent Holes Returned: PE-19-27 – 56.75 g/t Au over 8.50m PE-20-171 – 44.22 g/t Au over 9.10m PE-20-167 – 35.13 g/t Au over 3.30m

Global

2

MINING SYMPOSIUM

WWW.NORTHERNMINER.COM

KEYNOTE SPEAKERS Paul Brink,

President and CEO, Franco-Nevada Corp.

Paul Brink is President & CEO and a director of Franco-Nevada. He has been with Franco-Nevada since its IPO in 2007. He served as President & Chief Operating Officer from May 2019 to May 2020 and prior to that, successfully led Franco-Nevada’s business development activities as SVP Business Development. He previously had roles in corporate development at Newmont, investment banking at BMO Nesbitt Burns and project financing at UBS. Mr. Brink holds a Bachelor’s degree in Mechanical Engineering from the University of Witwatersrand and a Master’s degree in Management Studies from Oxford University.

Daniella Dimitrov, Partner, Sprott Capital Partners

Daniella has over 20 years of experience in building, operating and streamlining businesses in mining and financial services. She is currently Partner, Sprott Capital Partners, a mining investment banking and advisory firm. Previously, she served as CEO and CFO of Orvana Minerals (a multi-mine gold/copper producer) and as Executive Vice Chair of Baffinland Iron (iron ore project north of the Arctic Circle) through its acquisition for $600M. She has also served as COO of Dundee Securities, SVP Strategic Initiatives with Raymond James and corporate counsel with a Canadian law firm. Ms. Dimitrov is currently also a director of Nexa Resources, International Petroleum and Chemtrade Logistics, has served as a director of a number of other mining companies and has chaired or been a member of various committees of such boards including sustainability and capital projects. Daniella has an Executive MBA from Kellogg and Schulich business schools and a law degree. She was previously chosen as one of the top 100 Global Inspirational Women in Mining, is a Canada Board Diversity Council - Diversity 50 Candidate and is National Association of Corporate Directors (NACD) Directorship Certified.

Catherine Gignac, Corporate Director, Cameco Corporation | OceanaGold Corporation | Women in Mining

Catherine Gignac is an independent corporate director with more than thirty years of experience in capital markets and the mining industry, as a mining equity research analyst and geologist. Catherine has the ICD.D designation and serves as a director of Cameco Corporation and OceanaGold Corporation, both publicly-traded companies. She is the Chair and director of Women in Mining Canada, a not-for-profit organization. Ms. Gignac holds a B.Sc. Geology degree and is a member of the Institute of Corporate Directors, the Canadian Institute of Mining & Metallurgy and the Prospectors and Developers Association of Canada.

John McCluskey, President and CEO, Alamos Gold Inc.

John McCluskey has been president and CEO of Alamos Gold since 2003 when he co-founded the company with Mining Hall of Famer Chester Millar. John is also a director of the World Gold Council. The mining executive received the 2018 Murray Pezim Award for Perseverance and Success in Financing Mineral Exploration from the British Columbia Association for Mineral Exploration. The award recognized John’s role in the acquisition, financing and encouragement of successive discoveries at Alamos Gold’s Mulatos mine in Sonora, Mexico and his other accomplishments as CEO. In 2012 Ernst & Young named John its Entrepreneur of the Year based on an assessment by a panel of judges of his financial performance, vision, leadership, innovation, personal integrity and influence, social responsibility, and entrepreneurial spirit.

Margot Naudie, President, Elephant Capital Inc.

Margot Naudie, CFA is president of Elephant Capital Inc. She is a co-founder and Lead Independent Director at Abaxx Technology Inc. Margot also serves on the boards of Osino Resources Inc, BTU Metals Corp and Polaris Infrastructure. Margot has over 20 years of experience managing natural resource and mining portfolios at leading buy-side firms. She has been cited as a Brendan Wood TopGun Platinum Portfolio Manager.

Global

3

MINING SYMPOSIUM

INVESTOR PRESENTERS

Amex Exploration Inc. [TSXV-AMX; OTCQX-AMXEF; FRA-MX0] is continuing its exploration of the 100%-owned Perron gold project located 110 kilometres north of Rouyn Noranda, Quebec and just beside the past mining town of Normetal. Several high-grade gold discoveries have been made on the 4,518-hectare Perron property along the 3km+ Perron Gold Corridor, including the Eastern Gold Zone, the Gratien Gold Zone, the Grey Cat Zone, the Central Polymetallic Zone and a new gold zone announced in January 2020. These discreet gold zones open up the potential for the Perron property to host several gold mines or drilling may prove that some or all of the gold zones actually link up to form one very large gold zone.

Amex is currently drilling a fully funded 300,000 metre program of which about 150,000 m of drilling remains, meaning the Company is drilling about 10,000+ m a month with 10 drills turning on the property. The company has just over 83 million shares outstanding and approximately $32 million in cash.

O3 Mining Inc., an Osisko Group company, is a gold explorer and mine developer ready to produce from its highly prospective gold camps in Québec, Canada. O3 Mining benefits from the support, previous mine-building success and expertise of the Osisko team as it grows towards being a gold producer with several multi-million ounce deposits in Québec. O3 Mining is well-capitalized and owns a 100% interest in all its properties (133,557 hectares) in Québec. O3 Mining trades on the TSX Venture Exchange (TSX.V: OIII) and on OTC Markets (OTCQX: OIIIF). The company is focused on delivering superior returns to its shareholders and long-term benefits to its stakeholders. Further information can be found on our website at https://o3mining.com/.

Novo Resources Corp.(TSX: NVO) is an Australian gold producer with a diverse portfolio of gold projects in the Pilbara region of Western Australia.

Novo owns and operates the 1.9 tpa Golden Eagle Mill using feed from its 100% owned Beaton’s Creek Gold Project. The company also looks to leverage its internal geological expertise to deliver value-accretive opportunities to its shareholders.

Wallbridge Mining Company Limited (Wallbridge) is an advanced explorationdevelopment company. The Company is focused on advancing the development of its wholly-owned flagship Fenelon Gold Project in northern Québec. Fully-funded 80,000-100,000 m drilling program planned for 2020 , 739 km2 on under-explored Detour-Fenelon Gold Trend & Pipeline of exploration projects with strong potential for new discoveries (gold and base metals).

Strong support from major shareholders: Eric Sprott & Kirkland Lake Gold and William Day Construction. Well positioned to access capital with a strong cash position.

Dolly Varden Silver is focused on exploration in northwestern British Columbia. The company has two projects, its namesake Dolly Varden silver property and the nearby Big Bulk copper-gold property. According to the company, the Dolly Varden property is considered to be highly prospective for hosting high-grade precious metal deposits because it comprises the same structural and stratigraphic setting that host numerous other high-grade deposits such as Eskay Creek and Brucejack. The Big Bulk property is prospective for porphyry and skarn-style copper and gold mineralization similar to other such deposits in the region such as Red Mountain, KSM, and Red Chris, the company says.

Kuya Silver KUYA IS A SIMPLIFIED FORM OF THE QUECHUAN WORD “QHUYA” WHICH MEANS A MINE. Kuya Silver is actively engaged in building on a strong legacy of working cooperatively with the local Poroche community to develop a mutually beneficial, safe and sustainable mining business in the region. Expanding and Optimizing the Bethania Silver Mine in Peru – A Commitment to Low-Cost, Sustainable Silver Mining.

Eskay Mining Corp (TSX-V: ESK) is a TSX Venture Exchange listed company, headquartered in Toronto, Ontario. Eskay is an exploration company focused on the exploration and development of precious and base metals in British Columbia in a highly prolific, poly metallic area known as the Eskay Rift Belt located in the Golden Triangle, 70km northwest of Stewart, BC. The Company currently holds mineral tenures in this area comprised of 177 claims (130,000 acres)

Prosper Gold Corp’s focus is on high grade gold vein systems, modelled after our previous Company, Richfield Ventures. The right type of projects at the right time in an improving gold market. Prosper Gold is a multi-asset company focusing on high-grade gold exploration in Red Lake, Ontario, Canada. Red Lake is currently attracting significant venture capital in a strong gold market.

KORE Mining Ltd is 100% owner of two advanced gold exploration and development assets in California, USA – Imperial and Long Valley. KORE is supported by strategic investor Eric Sprott (26% ownership), who alongside KORE management and Board (38% owners), are aligned with shareholders in creating per share value. KORE is actively developing its Imperial Gold project while also aggressively exploring across its two district scale projects at Imperial and Long Valley.

The Prospector, founded by global mining expert Emily King, Prospector created the industry’s first searchable digital database with an easily navigable interface that allows anyone to tap into information about the $144B mining industry.

Prospector’s technology unlocks opportunities for investment in projects fueling discovery and mining for rare earth elements that will provide the foundation for our world’s clean energy.

Metallic Minerals Corp. (TSX-V: MMG / OTCQB: MMNGF) is a growth stage exploration company focused on the acquisition and development of high-grade silver and gold projects within underexplored districts proven to produce top-tier assets.

Group Ten Metals Inc is a Canadian mineral exploration company focused on the development of platinum, palladium, nickel, copper, cobalt, and gold exploration assets in top North American mining jurisdictions. The company’s core asset is the Stillwater West PGE-Ni-Cu project in Montana, USA.

Kenorland Minerals Ltd, incorporated in 2016, is a Vancouver, BC-based company focused on identifying early stage exploration opportunities in politically-stable jurisdictions. Kenorland’s management team and advisors have extensive experience in project and target generation from continentwide area selection to deposit scale exploration across the globe. Combining the team’s extensive exploration experience with an integrated approach places Kenorland in an optimal position to generate shareholder wealth through partnerships and new discoveries.td. is a Canadian-based mineral exploration company with an objective to lead the next generation

BRONZE SPONSOR

SILVER SPONSORS

GOLD SPONSORS

INVESTOR PRESENTATIONS

Alamos Gold is a Canadian-based gold producer with a long-term track record of creating value for all stakeholders through solid financial performance, lowcost production growth, and a companywide commitment to social responsibility and environmental stewardship. We currently operate three mines – two in Canada and one in Mexico – and we have a strong portfolio of development stage projects in Canada, Mexico, Turkey and the United States.

Blue Sky Uranium Corp. (TSX.V: BSK) is a leader in uranium discovery in Argentina. The Company’s objective is to deliver exceptional returns to shareholders by rapidly advancing a portfolio of uranium-vanadium projects into low-cost producers, while respecting the environment, the communities, and the cultures in all the areas in which we work. The Company’s flagship Amarillo Grande Project was an in-house discovery of a new district that hosts the largest NI 43-101 uranium resource in the country with an initial Preliminary Economic Assessment.

Brixton Metals Corporation (TSXV:BBB OTCQB:BBBXF GR:8BX1) is a Canadian exploration and development company focused on the advancement of its gold and silver projects toward feasibility. Brixton wholly owns four exploration projects, the Thorn copper-gold-silver and the Atlin Goldfields projects located in NWBC, the Hog Heaven silver-gold-copper project in NW Montana, USA and the Langis-Hudson Bay silver-cobalt project in Ontario.

Commerce Resources is an exploration and development company with a particular focus on deposits of rare earths and rare metals. It is advancing its Ashram rare earth elements and fluorspar deposit in Nunavik and its Blue River tantalum and niobium project in British Columbia. The company has released positive preliminary economic assessments for both projects, and is working towards completing a prefeasibility study for the Ashram deposit.

Palladium One Mining is an exploration company targeting district scale, platinumgroup-element (PGE)-copper-nickel deposits in Finland and Canada. Its flagship project is the Läntinen Koillismaa or LK project, a palladium-dominant platinum group elementcopper-nickel project in north-central Finland, ranked by the Fraser Institute as one of the world’s top countries for mineral exploration and development. Exploration at LK is focused on targeting disseminated sulfides along 38 kilometers of favorable basal contact and building on an established open-pit resource. It also holds the Tyko nickel-copper-PGE property in Canada, about 25 km north of the Hemlo mining complex in northwestern Ontario.

Renforth Resources, RFR on the CSE, holds an open pit gold deposit in Parbec and a district scale battery metals discovery in Surimeau, both located near Malartic, Quebec, along with several other mineralized properties.

Global

4

WWW.NORTHERNMINER.COM

MINING SYMPOSIUM

FEATURED SPEAKERS Andrew Cheatle, Mining Executive/Director, Tanzanian Gold | Troilus Gold Corp. | Condor Gold

Andrew Cheatle is an experienced geoscientist, seasoned CEO and director within the mining industry. A professional geoscientist and graduate of the Royal School of Mines, Imperial College, London, Andrew’s 30-plus-year international career has encompassed the senior and junior mining sectors. Based in London (UK) and Toronto (Canada), he is a sought-after advisor to the minerals industry, specializing in technical assessments, corporate development, and investments. Andrew sits on the board of Condor Gold plc and Troilus Gold, and also volunteers on the advisory councils of the Development Partner Institute, the Canada-International Finance Corporation, Africa Local Economic Development Partnership and as a director of International Women in Mining. He is passionate about the mining industry’s role in community and national development.

Elizabeth Freele, Founder and Principal, 4P Solutions Inc.

Elizabeth is a passionate sustainability strategist and impact investor, driven by the innate potential of business to tackle humanity’s grand challenges. A self-proclaimed Conscious Capitalist, her mining industry work supports junior explorers to mature mid-tier producers from the field to the boardroom in developing future-ready corporate responsibility and risk management approaches. As CEO of boutique consultancy 4P Solutions Inc, her geographic reach includes the Americas, Africa, Europe and the Middle East. Outside of the industry, Elizabeth is also a Senior Associate with venture capital firm Active Impact Investments, advancing seed-stage tech companies that reduce GHG emissions through smarter resource consumption.

Based in Vancouver, Canada, Elizabeth holds an MBA from IE Business School, a Certificate in Sustainable Business Strategy from Harvard Business School, and a BA in Political Science and Global Development from Western University.

Louise Pearce, Managing Partner, Mining (Global), ERM: Environmental Resources Management

Louise Pearce leads ERM’s global materials, metals and mining advisory team, which operates in every mining region around the world. Having spent the early years of her career testing and logging soil and rock core, Louise now has over 25 years of international experience in sustainability consulting and has worked across the globe. She concentrates on developing corporate strategy and risk management programs, with particular expertise in managing complex global due diligence and post-merger integrations. Louise has a deep understanding of the global Environment, Social and Governance (ESG) challenges and opportunities facing the sector. As a trusted advisor, she works collaboratively with major, mid-tier and junior mining companies to integrate the management of ESG risks into strategic business and life-of-mine plans to create and protect value.

In 2016, Louise was recognized as one of the Top-100 Global Inspirational Women in Mining by the non-profit organization, Women in Mining. She has presented on building sustainable practices into mining, and chaired sessions with senior executives, investors and other key stakeholders in Toronto, London, New York, Cape Town, Melbourne, Lima and Santiago.

Building the Next High-Margin Silver Mining Company CSE: KUYA | OTCQB: KUYAF | FRA: 6MR1

Owns a 100% interest in the Bethania Silver Mine in central Peru Near-term silver production from new 350 tpd processing facility Historic head grade of 15oz/t Ag + by-products Significant upside potential along strike and at depth of resource block

David Stein, MSc (Geo), CFA President and CEO, Director

kuyasilver.com

Global

5

MINING SYMPOSIUM

FEATURED SPEAKERS Huw Roberts, Director, CHR Metals Limited

Huw Roberts is an economist and co-founder with Claire Hassall of CHR Metals Limited. The company has an international reputation for providing in-depth analysis of the global zinc and lead industries, offering particular insight into developments in China. It also publishes detailed forecasts of global industrial production in its regular monthly report, Global IP Watch.

Huw’s career in the metals industry included working for an LME broker, a number of years with a mining company and senior positions in metals industry consultancy. CHR Metals was established in 2000 and has offices in the UK and China.

Michael F. White, President and CEO, IBK Capital

Mr. White has been with IBK Capital since 1991. During this time, Mr. White has been involved in private placement financings totalling over $600 million for emerging companies in mining and metals and technology. He has also been active in financial advisory assignments and industry developments including: advisory and financing services to Great Bear Resources regarding its Red Lake gold discovery and partnership with Rob McEwen; advisory and financing services to POET Technologies Inc. for its disruptive photonics solutions for data communications; advisory services to the Government of Newfoundland and Labrador with respect to its arrangements with Inco Ltd. over the development of the nickel deposit at Voisey’s Bay; advisory and financing services to Western Goldfields Inc. (now NewGold Inc.) on its purchase and development of the Mesquite gold mine in southeastern California; advisory services to Cobalt Blockchain Inc. and the development of The Democratic Republic of the Congo’s artisanal mineral wealth; and, acting as financial advisor to Noront Resources Ltd. in the wake of a major nickel discovery at its Double Eagle Project in Northern Ontario, Canada.

Mr. White graduated with a Bachelor of Arts degree in Geology from the University of Western Ontario in 1994, and a Masters of Business Administration degree from the Ivey School of Business at the University of Western Ontario in 2000.

TSX-V: PGE:

OTCQB: PGEZF

Drilling Currently Underway

PLATINUM GROUP & BATTERY METALS IN A PREMIER US MINING DISTRICT Group Ten Metals (TSX.V: PGE / OTCQB: PGEZF) is focused on advancing our district-scale Stillwater West PGE-Ni-Cu-Co + Au project in Montana’s prolific Stillwater mining district with the objective of becoming a primary US-based source of battery and precious metals

HIGH-DEMAND COMMODITIES

Primary PGE demand driven by rising emissions standards Growing platinum demand from hydrogen fuel cells

STILLWATER WEST

Majority of PGE supply from high-risk countries

PGE-Ni-Cu-Co + Au PROJECT Adjoins the producing J-M Reef PGE

Surging demand for nickel sulphide from energy storage uses, especially electric vehicles Nickel, PGEs and cobalt listed as ‘critical’ in the American Mineral Security Act, with the intent of advancing US supplies

deposit operated by Sibanye-Stillwater1 Hosts the highest-grade major PGE deposit in the world, and the largest outside of South

Smelter & Refinery Complex Columbus, MT (60 km)

Africa and Russia, with three producing

J-M Reef Deposit (Sibanye-Stillwater) Past Production: Over 14 Moz combined Pd+Pt²

mines, plus smelter

SIBANYE-STILLWATER

and refinery

Stillwater Mine Blitz Mine

GROUP TEN METALS East Boulder Mine

iitt pooss Deep iinn D ett PP e k k c PPiic

EE

EP FD

R J-M

T OSI

T WES TER LWA IL T S s

eter

ilom

25 K

Large 61 km2 claim block, 100% owned Drill-defined “Platreef-style” bulk tonnage PGE-Ni-Cu-Co + Au mineralization now advancing towards maiden resources

Group Ten Metals Sibanye Stillwater

1: References to adjoining properties are for illustrative purposes only and are not necessarily indicative of the exploration potential, extent or nature of mineralization or potential future results of Group Ten’s projects 2: Based on publicly disclosed production statistics of Sibanye-Stillwater including most recent CPR.

Nickel and copper sulphide mineralization, enriched in palladium, platinum, rhodium, gold, and cobalt

Global

6

WWW.NORTHERNMINER.COM

MINING SYMPOSIUM

AGENDA | DAY 1 - TUESDAY FEB. 23, 2021 all times shown are Eastern Time (EDT)

10:00am

The Northern Miner Welcome Remarks | Anthony Vaccaro, Group Publisher, The Northern Miner Group

10:08am

Amex Exploration Opening Remarks | Kelly Malcolm, Vice President Exploration, Amex Exploration

10:10am

Kenorland Minerals Investor Presentation | Zach Flood, President & CEO, Kenorland

10:25am

Featured Speaker Presentation | Michael F. White, President and Chief Executive Officer, IBK Capital Moderator: Anthony Vaccaro, Group Publisher, The Northern Miner Group

10:45am

Brixton Metals Investor Presentation | Gary Thompson, Chairman & CEO, Brixton Metals Corporation

10:58am

Prosper Gold Investor Presentation | Rory Ritchie, VP Exploration, Prosper Gold

11:15am

Palladium One Mining Investor Presentation | Derrick Weyrauch, President & CEO/Director, Palladium One Mining Inc.

11:30am

Kuya Silver Investor Presentation | David Stein, President, CEO and Director, Kuya Gold

11:40am

Metallic Minerals Investor Presentation | Greg Johnson, CEO and Chairman of the Board, Metallic Minerals

12:05pm

Dolly Varden Silver Investor Presentation | Rob van Egmond, P.Geo., Chief Geologist, Dolly Varden Silver Corp.

12:15pm

Eskay Mining Corp Investor Presentation | Dr. Quinton Hennigh, Director and Technical Advisor, Eskay Mining Corp.

12:20pm

Renforth Resources Investor Presentation | Nicole Brewster, President and CEO, Renforth Resources Inc.

12:32pm

Group Ten Metals Investor Presentation | Michael Rowley, President, CEO, Director, Group Ten Metals

1:00pm

Featured Presentation | Andrew Cheatle, Non-Executive Director/Director, Condor Gold plc./Troilus Gold Elizabeth Freele, Founder and Principal, 4P Solutions Inc.

1:50pm

O3 Mining Investor Presentation | Jose Vizquerra, President, CEO & Director, O3 Mining Inc.

2:00pm

Keynote Presentation | Paul Brink, President and CEO, Franco-Nevada Corp.

Daniella Dimitrov, Partner, Sprott Capital Partners

2:40pm

Closing Remarks

TSXV: KLD

BBB : TSX-V, BBBXF : OTCQB brixtonmetals.com

Drilling world-class copper, gold and silver assets in North America • Backed by Eric Sprott, Rob McEwen and Robert Friedland • Discovery-focused exploration and development company • Great liquidity and well-financed • High-impact exploration projects with exceptional drill results

Mitchell Smith,

VP Investor Relations, mitchell.smith@brixtonmetals.com

Frotet Project, Quebec Province, Canada

A NEW GENERATION OF DISCOVERY • Newly listed on TSXV: KLD • Over 1,000,000 acres of mineral tenure between Alaska, Quebec, and Manitoba • Up to C$12m in planned exploration expenditures in 2021 (incl. C$5m of partner funded) • Discovery stage drilling initiatives on three flagship projects in 2021 (Frotet, Healy, and Tanacross) • 9000m drill program commencing March 1st to follow up on the Regnault gold discovery made in 2020

www.kenorlandminerals.com

Global

7

MINING SYMPOSIUM

AGENDA | DAY 2 - WEDNESDAY FEB. 24, 2021 all times shown are Eastern Time (EDT)

10:00am

The Northern Miner Welcome Remarks | Anthony Vaccaro, Group Publisher, The Northern Miner Group

10:15am

Thought Leadership Presentation | Trailblazers Panel Session Catherine Gignac, Corporate Director, Cameco Corporation | OceanaGold Corporation | Women in Mining Margot Naudie, Vice President, Marret Asset Management Inc.

10:50am

Prospector Presentation | Emily King, CEO, Prospector

11:00am

Keynote Presentation | John McCluskey, President and CEO, Alamos Gold Inc. Moderator: Alisha Hiyate, Editor, Canadian Mining Journal

11:50am

Kuya Silver Investor Presentation | David Stein, President, CEO and Director, Kuya Gold

12:00pm

Wallbridge Mining Company Investor Presentation | Marz Kord, President, CEO & Director, Wallbridge Mining Company

12:15pm

Commerce Resources Investor Presentation | Chris Grove, President and CEO, Commerce Resources

12:30pm

Blue Sky Uranium Investor Presentation | Nikolaos Cacos, President and CEO, Blue Sky Uranium Corp.

12:45pm

Featured Presentation | Huw Roberts, Director, CHR Metals Limited Moderator: Frik Els, Executive Editor, MINING.com

1:20pm

Amex Exploration Investor Presentation | Kelly Malcolm, Vice President Exploration, Amex Exploration

1:30pm

Novo Resources Investor Presentation | Dr. Quinton Hennigh, Chairman & President, Novo Resources Corp.

1:40pm

KORE Mining Investor Presentation | Scott Trebilcock, President and CEO, KORE Mining Ltd.

2:00pm

Featured Presentation | Louise Pearce, Managing Partner, Mining (Global), ERM: Environmental Resources Management Moderator: Trish Saywell, Editor-in-Chief, The Northern Miner

2:40pm

Closing Remarks

TSX-V: MMG OTC: MMNGF

The Ashram Rare Earth Element & Fluorspar Deposit

SILVER AND GOLD IN HIGH-GRADE DISTRICTS Metallic Minerals Corp. (TSX-V: MMG / US OTC: MMNGF) is a growth stage exploration company focused on high-grade silver and gold in the Keno Hill and La Plata mining districts of Canada and USA

Critical Metals For A New North America

KENO SILVER Metallic has consolidated the second largest land position in the Keno Hill silver district including 8 high-grade past producing mines adjacent to Alexco Resource Corp.

Operations

100% owned Keno Silver Project located in Canada’s mining-friendly Yukon Territory

Metallic Minerals

Keno Mill Complex

Alexco Resource Corp.

Keno City

TSXV:CCE FSE:D7H0 OTCQX:CMRZF

CommerceResources.com (604) 484-2700 info@commerceresources.com Vancouver, BC

Metallic Minerals Alexco Resource Corp.

Victoria Gold Strategic Metals Banyan Gold

Over 220 million ozs of historic silver production along with 74 Moz current M&I mineral resources on the adjoining Alexco property Potential to rapidly develop mineral resources at the most advanced target areas based on historic and current drilling

High-Grade Silver Mine

Excellent access and power infrastructure in place Existing road and grid power access from nearby hydro facility Access by highway to year-round deep seaport facilities Regional mill facility in Keno City

Global

8

MINING SYMPOSIUM

WWW.NORTHERNMINER.COM

PRESENTERS Nicole Brewster

President and CEO Renforth Resources Inc. Nicole Brewster brings an early career in capital markets and a successful private practice as an exploration contractor, experienced in acquiring and leveraging data to execute targeted exploration within budget for clients. This supported a reinvigoration of Renforth, today with six mineralized assets, including two open pit gold resources on Quebec’s Cadillac Break.

In addition to assembling a compelling land package for Renforth, Nicole has signed an LOI to sell the New Alger asset at a profit for shareholders. This transformative first will, upon closing, have Renforth fully funded for the foreseeable future, able to focus on adding value to the rest of the portfolio, specifically the Parbec open pit gold resource, with no additional dilution.

Nikolaos Cacos

President and CEO Blue Sky Uranium Corp.

Mr. Cacos brings over 25 years of management and advisory expertise in the mineral exploration industry. He has worked with Grosso Group since inception and serves as senior level executive for all the member companies. Mr. Cacos’ career includes administration and strategic planning for public companies. He currently serves as an officer and director of a number of TSX Venture Exchange listed companies. He holds a Master of International Management degree from Heidelberg, Germany and a Bachelor of Science degree from the University of British Columbia.

Global

MINING SYMPOSIUM

9

PRESENTERS Rob van Egmond

Chief Geologist Dolly Varden Silver Corp.

Rob van Egmond is a professional geologist with 30 years of experience in the international exploration and mining industry.

He is currently Chief Geologist for Dolly Varden Silver Corp. His focus has been on early stage exploration projects across a spectrum of commodities and deposit types. Rob has worked for, and managed projects for major mining companies including Cominco, BHP and Kennecott as well as junior explorers such as Orex Minerals, Platinum Group Metals, Candente and Northern Dynasty. His formative years working during the summers in BC for Cominco were spent on various projects that have contributed to the area being named “The Golden Triangle”. Mr. van Egmond holds a B.Sc. degree in Geology from the University of British Columbia and he is a member of the Engineers and Geoscientists BC.

Zach Flood

President & CEO Kenorland Minerals Ltd. Mr. Flood is an experienced geologist who has managed mineral exploration in countries around the world including Mongolia, China, Dem. Rep. Congo, Peru, Argentina, Canada, and the U.S., over the past 15 years. Mr. Flood co-founded Kenorland Minerals Ltd in 2016. Prior to co-founding Kenorland, Mr. Flood spent numerous years within the Ivanhoe Group, undertaking project generation and business development along with evaluating early to advanced stage M&A opportunities in the mining sector.

Chris Grove

President and CEO Commerce Resources Corp.

Chris Grove joined the board of Commerce Resources in 2012 and became president of the company in September 2014, after having worked for the company in corporate communications since 2004. Chris has assisted the company in raising about $80 million through his significant financial contacts in North America and Europe. ai161248296378_01585RENFORTH_AD-FEB2021.pdf

C

M

Y

1

2021-02-04

6:56 PM

District Scale Nickel/VMS Discovery Opportunity ABITIBI GREENSTONE BELT

CM

MY

CY

CMY

K

FULLY FUNDED ASSET RICH

RFR CSE renforthresources.com

CONTINUED ON PAGE 10

Global

10

MINING SYMPOSIUM

WWW.NORTHERNMINER.COM

PRESENTERS Dr. Quinton Hennigh Chairman & President Novo Resources Corp.

Dr. Hennigh is an economic geologist with 25 years of exploration experience, mainly gold related. Early in his career, he explored for major mining firms including Homestake Mining Company, Newcrest Mining Ltd and Newmont Mining Corporation. Dr. Hennigh joined the junior mining sector in 2007 and has been involved with a number of Canadian listed gold companies including Gold Canyon Resources where he led exploration at the Springpole alkaline gold project near Red Lake Ontario, a 5 million ounce gold deposit. In 2010, Dr. Hennigh helped start Novo Resources and began assembling its Australian exploration portfolio. He is currently President and Chairman. Dr. Hennigh obtained a Ph.D. in Geology/Geochemistry from the Colorado School of Mines.

Greg Johnson

CEO and Chairman of the Board, Metallic Minerals Mr. Johnson has twenty-eight years of experience in the mining industry with an exceptional track record in exploration, development and financing of large scale projects to create value for shareholders. Prior to joining Metallic Minerals, Mr. Johnson held the positions of President and CEO at Wellgreen Platinum and South American Silver, and was a co-founder and executive at NovaGold Resources. Mr. Johnson began his career with Placer Dome (now Barrick Gold), where he held various senior roles in domestic and international exploration. Mr. Johnson has developed broad experience in the capital markets and has been involved in raising over $650 million in project financing. For his role in the discovery and advancement of the 40-million-ounce Donlin Creek gold deposit in Alaska, Mr. Johnson was a co-recipient of the PDAC’s Thayer Lindsay International Discovery Award. In addition, Mr. Johnson has been recognized for his work in sustainable development and community engagement and was awarded the Robert E. Leckie Award by the Yukon Government for excellence in environmental stewardship.

Emily King

Founder and CEO, Prospector Emily King is a geologist with over a decade of experience with mineral exploration and investment in emerging and frontier markets using innovative and disruptive technology.

She is the CEO and founder of Prospector, the industry’s first searchable digital database with an easily navigable interface that allows anyone to tap into information about the $144B mining industry. Prospector’s technology unlocks opportunities for investment and discovery of the minerals that will provide the foundation for our world’s future. Prospector’s AI gives subscribers the tools to do research and due diligence in seconds that used to take weeks.

In addition to being the Founder of Prospector, Emily holds leadership roles as the President and Chief Innovation Officer of Analog Gold, CEO of Global Venture Consulting, Board member of VVC Exploration, and VP of Women in Mining USA. Emily was recently awarded the Medal of Merit from the American Mining Hall of Fame.

Prior to founding Global Venture and Prospector, Emily led mineral exploration programs in Afghanistan for the U.S. Department of Defense, overseeing tenders of large copper and gold exploration targets, small-scale processing initiatives, and exploration throughout Afghanistan and Iraq.

Global

11

MINING SYMPOSIUM

PRESENTERS Marz Kord

President, CEO & Director Wallbridge Mining Company Mr. Kord is a professional mining engineer with over 30 years of progressive experience in mining operations and project management. Prior to joining Wallbridge in 2011, he held the position of Executive Vice President, Global Mining for Genivar Inc., a large Canadian firm, (now WSP Global), where he led the development and growth of the company’s domestic and international mining profile. During the early part of his career with Falconbridge Limited, Mr. Kord was involved in mining operations in both Sudbury and Timmins. Mr. Kord’s expertise includes managing large, multidisciplinary teams of engineers and operators as well as extensive experience in developing strategic growth plans and in mergers and acquisitions.

Kelly Malcolm

Vice President Exploration Amex Exploration Mr. Malcolm is a Professional Geologist with extensive exploration experience focused on precious metal exploration. He specializes in the integration and interpretation of geological, geochemical, and geophysical data to guide exploration and development activities. He was recently involved in the discovery and delineation of Detour Gold’s high grade 58N gold deposit, and has acted as director, advisor, or management for several public and private mineral exploration companies. He holds a Bachelor of Science Honours in geology and a Bachelor of Arts in economics, both from Laurentian University.

Rory Ritchie, BSc, P.Geo Vice President Exploration Prosper Gold

Mr. Rory Ritchie has been actively engaged in mineral exploration in Canada and the United States since 2007. He has significant experience in orogenic gold systems in Ontario, Canada and porphyry copper ± gold deposits in the Canadian Cordillera. He led an exploration team to the discovery and delineation of a 1.2 Moz gold resource in Red Lake, ON, in 2011.

Rory earned a H.B.Sc in Chemistry from the University of Western Ontario and completed Earth Science studies at Simon Fraser University. Mr. Ritchie is a qualified person as defined by NI 43-101.

Michael Rowley

President, CEO, Director Group Ten Metals Michael Rowley has over 25 years executive experience in the exploration, mineral testing, and mine environmental industries, including capital markets and operations. One of Group Ten’s founding shareholders, Mr. Rowley is active in additional publicly-traded companies, including fellow Metallic Group member, Granite Creek Copper.

CONTINUED ON PAGE 12

TSX: NVO TSX: NVO.WT OTCQX: NSRPF

Australia’s Next Major Gold Producer

Leo Karabelas | VP Corporate Communications | leo@novoresources.com | 416-543-3120 | www.novoresources.com

Global

12

WWW.NORTHERNMINER.COM

MINING SYMPOSIUM

PRESENTERS David Stein, CFA, MSC.

President, Chief Executive Officer and Director Kuya Gold

Mr. Stein is the Founder of Kuya and President since 2017. Educated with a technical background in Geology and Engineering, Mr. Stein jumped into the capital markets very early in his career, in 2001, as a mining equities analyst for a prominent Canadian broker-dealer. More recently Mr. Stein was President and CEO of Aberdeen International, where he led various private equity and public company investment mandates.

Gary Thompson

Chairman & CEO Brixton Metals Corporation A Brixton Metals Co-founder, Mr. Thompson has over 25 years of project management and resource exploration experience in precious-base metals including oil & gas and geothermal power. Mr. Thompson holds several discovery credits for metals and geothermal. Previous employment and experience includes both junior and major mining and energy companies including Newmont Mining, NovaGold Resources and Encana Corporation. Mr. Thompson’s Cayley Geothermal went public in 2006 through the acquisition Sierra Geothermal Power where he was CEO until it was acquired by Ram Power in 2010.

Scott Trebilcock President and CEO KORE Mining Ltd.

Mr. Trebilcock has over 25 years of experience as a process engineer, management consultant, and mining executive. Most recently he was Chief Development Officer of Nevsun Resources, responsible for strategy, corporate development, investor relations and exploration. Nevsun sold to Zijin Mining for $1.9 billion after a year-long contested defense process led by Mr. Trebilcock. Mr. Trebilcock also drove M&A at Nevsun, including the 2016 acquisition of Reservoir Minerals, and led Nevsun’s investor relations program for almost a decade. Mr. Trebilcock holds a B.Sc. in Chemical Engineering, an MBA from Queen’s University and is a Chartered Director.

www.blueskyuranium.com

TSX.v BSK OTCQB:BKUCF FSE:MAL2

Leading Uranium Discovery In Argentina NI 43-101 compliant uranium resource • Controlling A New Uranium District • Preliminary Economic Assessment complete • Heathy Treasury • Comprehensive drilling program and engineer studies underway

gl bal

MINING symposium

presented by

UPCOMING DATES: Canadian Mining Symposium May 19-20, 2021

Q3 Global Mining Symposium September 22-23, 2021 Q4 Global Mining Symposium November 17-18, 2021 Blue Sky Uranium Corp. (TSX.V: BSK) is a leader in uranium discovery in Argentina. The Company’s objective is to deliver exceptional returns to shareholders by rapidly advancing a portfolio of uranium-vanadium projects into low-cost producers, while respecting the environment, the communities, and the cultures in all the areas in which we work. The Company’s flagship Amarillo Grande Project was an in-house discovery of a new district that hosts the largest NI 43-101 uranium resource in the country with an initial Preliminary Economic Assessment.

View All Events www.northernminer.com/events

Global

13

MINING SYMPOSIUM

PRESENTERS Jose Vizquerra

President, CEO & Director O3 Mining Inc. Mr. Vizquerra is President and Chief Executive Officer, and a director of O3 Mining Inc. (“O3 Mining”). Prior to his appointment at O3 Mining, Mr. Vizquerra was Executive Vice President of Strategic Development for Osisko Mining Inc. (“Osisko Mining”). Mr. Vizquerra joined Osisko Mining from Oban Mining Corporation (“Oban”), where, as President and Chief Executive Officer, he played a leading role in the combination of Oban, Corona Gold Corporation, Eagle Hill Exploration Corporation, and Ryan Gold Corporation to form Osisko Mining. Through ambitious drilling and prudent capital raising, Osisko Mining has become the highly valued proponent of the world-class Windfall gold project. Before that, Mr. Vizquerra was Head of Business Development for Compañia de Minas Buenaventura. Previously, he was a production and exploration geologist at the Red Lake gold mine in Ontario.

Mr. Vizquerra currently serves as a director of Osisko Mining, and Sierra Metals Inc., and as an advisor to the boards of Discovery Metals Corporation and Palamina Resources. The Young Mining Professionals recognized Mr. Vizquerra as one of their Young Mining Professionals of the year with the 2019 Peter Munk Award.

Mr. Vizquerra is an alumni of the General Management Program at the Wharton School of Business. He holds an MSc in Mineral Exploration from Queens University and a B.Sc in Civil Engineering from UPC Universidad Peruana de Ciencias Aplicadas. Mr. Vizquerra is a Qualified Person pursuant to National Instrument 43-101.

Derrick Weyrauch

President & CEO/Director Palladium One Mining Inc. Derrick Weyrauch is an experienced mining executive with a background in finance, risk management, corporate restructuring and turnarounds, and M&A. In addition to his current role as president and CEO of Palladium One Mining, he is also a non-executive director on the board of Cabral Gold. Previously he co-founded Magna Mining, and served as a director on the boards of a number of companies including Eco Oro Mineral., Jaguar Mining, and Banro Corp. He has also held the post of chief financial officer at Jaguar Mining and Andina Minerals. Derrick obtained his CPA CA designation with KPMG LLP and holds an Honours B.A. in economics from York University.

Dr. Quinton Hennigh

Director and Technical Advisor Eskay Mining Corp.

Dr. Hennigh is an economic geologist with 25 years of exploration experience, mainly gold related. Early in his career, he explored for major mining firms including Homestake Mining Company, Newcrest Mining Ltd and Newmont Mining Corporation. Dr. Hennigh joined the junior mining sector in 2007 and has been involved with a number of Canadian listed gold companies including Gold Canyon Resources where he led exploration at the Springpole alkaline gold project near Red Lake Ontario, a 5 million ounce gold deposit. In 2010, Dr. Hennigh helped start Novo Resources and began assembling its Australian exploration portfolio. He is currently President and Chairman. Dr. Hennigh obtained a Ph.D. in Geology/ Geochemistry from the Colorado School of Mines.

TSX-V: PGX

TARGETING THE NEXT

WORLD CLASS DISCOVERY IN RED LAKE

• District scale potential in world-class mining jurisdiction • 160 km2 land package with 12km of a regional structure • Coincidence of favourable geology, geophysics with pristine gold grain-in-till anomaly adjacent to regional structure • 20 M shares outstanding with $7.5M in treasury • Aggressive drill program to commence in May 2021

www.prospergoldcorp.com

Global

14

WWW.NORTHERNMINER.COM

MINING SYMPOSIUM

THOUGHT LEADERSHIP PANEL TUESDAY FEBRUARY 23, 2021 | 1:00 PM Panelist

Circular Economy Panelist

Andrew Cheatle

Mining Executive/Director Tanzanian Gold Troilus Gold Corp.

Condor Gold Andrew Cheatle is an experienced geoscientist, seasoned CEO and director within the mining industry.

A professional geoscientist and graduate of the Royal School of Mines, Imperial College, London, Andrew’s 30-plus-year international career has encompassed the senior and junior mining sectors.

Based in London (UK) and Toronto (Canada), he is a soughtafter advisor to the minerals industry, specializing in technical assessments, corporate development, and investments. Andrew sits on the board of Condor Gold plc and Troilus Gold, and also volunteers on the advisory councils of the Development Partner Institute, the Canada-International Finance Corporation, Africa Local Economic Development Partnership and as a director of International Women in Mining. He is passionate about the mining industry’s role in community and national development.

Elizabeth Freele Founder and Principal 4P Solutions Inc.

Elizabeth is a passionate sustainability strategist and impact investor, driven by the innate potential of business to tackle humanity’s grand challenges.

A self-proclaimed Conscious Capitalist, her mining industry work supports junior explorers to mature mid-tier producers from the field to the boardroom in developing future-ready corporate responsibility and risk management approaches. As CEO of boutique consultancy 4P Solutions Inc, her geographic reach includes the Americas, Africa, Europe and the Middle East. Outside of the industry, Elizabeth is also a Senior Associate with venture capital firm Active Impact Investments, advancing seed-stage tech companies that reduce GHG emissions through smarter resource consumption.

Based in Vancouver, Canada, Elizabeth holds an MBA from IE Business School, a Certificate in Sustainable Business Strategy from Harvard Business School, and a BA in Political Science and Global Development from Western University.

Mining Corp ESK-TSX-VENTURE USA-OTC-ESKYF Frankfurt-KN7

52,000 HECTARES IN THE HEART OF THE GOLDEN TRIANGLE • Recent discovery of metal - rich VMS targets include high-grade results of: 35.5m grading 9.50 gpt Au and 70.0 gpt Ag and 5.1m grading 31.2 gpt Au and 138.1 gpt Ag

• Maiden drill program intersected significant Au-Ag mineralization in 18 of 20 holes at TV/Jeff Prospects • Project is Contiguous to High-Grade VMS Deposit, Eskay Creek

eskaymining.com

Global

15

MINING SYMPOSIUM

THOUGHT LEADERSHIP PANEL WEDNESDAY FEBRUARY 24, 2021 | 10:15 AM

Trailblazers Panelist

Panelist

Catherine Gignac Corporate Director Cameco Corporation OceanaGold Corporation Women in Mining

Catherine Gignac is an independent corporate director with more than thirty years of experience in capital markets and the mining industry, as a mining equity research analyst and geologist. Catherine has the ICD.D designation and serves as a director of Cameco Corporation and OceanaGold Corporation, both publicly-traded companies. She is the Chair and director of Women in Mining Canada, a not-for-profit organization.

Ms. Gignac holds a B.Sc. Geology degree and is a member of the Institute of Corporate Directors, the Canadian Institute of Mining & Metallurgy and the Prospectors and Developers Association of Canada.

Margot Naudie President Elephant Capital Inc.

Margot Naudie, CFA is president of Elephant Capital Inc. She is a co-founder and Lead Independent Director at Abaxx Technology Inc. Margot also serves on the boards of Osino Resources Inc, BTU Metals Corp and Polaris Infrastructure. Margot has over 20 years of experience managing natural resource and mining portfolios at leading buy-side firms.

She has been cited as a Brendan Wood TopGun Platinum Portfolio Manager.

KORE Mining has two robust preliminary economic assessments published on its Long Valley gold project and on its Imperial gold project, with Imperial actively being permitted into mine development.

KORE is also aggressively exploring across its portfolio of district-scale gold projects.

TSX-V: KORE OTCQX: KOREF

Koremining.com

16

Global

MINING SYMPOSIUM

WWW.NORTHERNMINER.COM

northernminer.com/gms2021

presented by

GOLD SPONSORS

SILVER SPONSORS

PRESENTING SPONSORS

BRONZE SPONSOR

THANK YOU TO OUR VALUED SPONSORS