The Northern Miner May 10 2021 Issue 10

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MAY 10—MAY 23, 2021 / VOL. 107 ISSUE 10 / GLOBAL MINING NEWS · SINCE 1915 / $5.25 / WWW.NORTHERNMINER.COM

Funding for exploration and mine rescue boosted in provincial budget | Government earmarks almost $8 million in new funding

ONTARIO

BY KELSEY ROLFE

T Roxgold’s Yaramoko mine in Burkina Faso. ROXGOLD

Fortuna Silver to buy Roxgold in billion-dollar deal M&A

| Commodity prices spur more consolidation in the gold sector

BY CECILIA JAMASMIE AND TRISH SAYWELL

F

ortuna Silver Mines (TSX: FVI; NYSE: FSM) is buying Roxgold (TSX: ROXG; US-OTC: ROGFF) in an all-share deal valued at about $1 billion (US$884.32 million), as strong gold prices spur a wave of mergers and acquisitions in the sector.

Vancouver-based Fortuna, which has operations in Peru, Mexico and Argentina, said the combined company would produce about 450,000 gold-equivalent ounces a year at allin sustaining costs of about US$950 per oz. gold equivalent.

West Africa focused Roxgold’s shareholders will receive 0.283 common shares of Fortuna and $0.001 for each Roxgold common share held.

The exchange ratio implies a consideration of about $2.73 per Roxgold share, a 42.1% premium to its last closing price.

After the merger, existing Fortuna and Roxgold shareholders will own about 64.3% and 35.7%, respectively, of the combined miner.

Fortuna CEO and co-founder Jorge A. Ganoza said the acquisition will provide his company access to a complete business platform that brings low-cost gold production and a permitted feasibility-stage project in West Africa, along with a robust exploration pipeline and seasoned executive team.

“We have followed the success of the Roxgold team for a number of years, from their early start at Yaramoko back in 2015,” Ganoza said on

a conference call. “Since then, John [Dorward, Roxgold’s president and CEO] and his team have successfully continued to expand their business in West Africa, and today, by combining our companies, Fortuna is gaining

access to a platform for continued growth in one of the most prolific gold regions in the world.”

Gaining access to the Roxgold See M & A / 8

Special to The Northern Miner

he Ontario government is launching a new program to fund junior exploration in the province and upping financial support for the Ontario Mine Rescue program.

The province’s 2021 budget, which laid out the initiatives, was tabled on March 24 and was passed on April 26. The document sets out $23 billion in spending targeted at bolstering the provincial economy, and $16.3 billion for health-related measures. Ontario projected a $38.5 billion deficit in 2020-21, which it expects to slowly reduce to eventually reach $20.2 billion in 2023-24.

As part of the government’s plan to increase jobs and economic activity in northern Ontario, the budget set out $5 million over the next two years for the new Ontario Junior Exploration Program (OJEP).

Under the program, junior mining companies can apply for funding to cover eligible costs up to a maximum of $200,000 per exploration or development project.

“The impact of Covid-19 on the mining sector has resulted in a decrease in the availability of capital for mineral exploration, [which] junior mining companies rely on,” the budget document said. “The success of junior exploration is critical to the discovery of existing and new mineral deposits that support larger mining companies, equipment manufacturers and investors across the province.”

In an email to The Northern Miner, Ministry of Energy, Northern Development and Mines spokesperson Drew Campbell said the ministry expects the program to be launched in the summer of 2021.

“Ontario is well positioned to become a global supplier, producer and manufacturer of choice of critical minerals, such as nickel, copper and cobalt,” he said. “OJEP will help generate investment in early exploration, expand the pipeline of mineral development projects, and eventually lead to more mine construction and jobs in the province.”

Garry Clark, president of the Ontario Prospectors Association, said the new program was something his association had requested for a long time. “Most of the provinces already have these types of programs. … It makes it harder to attract

RANKING THE BIGGEST GOLD MINES IN THE WORLD / 6

companies to come to Ontario to explore [without such a program] even though we’ve got great rocks.”

Clark said the OPA is currently in negotiations with the province on whether his association will help to disburse the funds. Campbell said the ministry hasn’t yet finalized the program delivery details.

The province previously administered two similar programs called the Ontario Mineral Incentive Program and the Ontario Prospectors Assistance Program, which were wrapped up in the late 1990s and early 2000s. “They were very successful and assisted in finding a whole bunch of different projects,” Clark said.

The OPA had also run a similar support program for juniors more recently called the Junior Exploration Assistance Program, with a $5 million budget supplied by the Northern Ontario Heritage Fund.

The program helped finance exploration costs that led to Great Bear Resources’ discovery of highgrade gold zones at its Dixie project in Red Lake, which received the See ONTARIO / 7 PM40069240

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MAY 10—23, 2021 / THE NORTHERN MINER

Cameco’s Cigar Lake uranium mine in northern Saskatchewan.

CAMECO

Is uranium sentiment improving?

OP-ED

| Spot price, declining inventories and need for new mines are of concern

BY ANTHONY MILEWSKI

A

Special to The Northern Miner

fter years of neglect, uranium stocks have been enjoying time in the sun. What’s interesting is that today’s spot price of US$30 per lb., while considerably higher than its multi-year low in 2016 of US$18 per lb., is still below the level needed for most producers to make a profit and well below that needed to incentivize new mine construction. There’s no question that positive sentiment has been driving stocks. The question is, why is it happening now?

Let’s start with a quick recap of how uranium fell from grace. Following the Fukushima-led shut down of Japan’s extensive reactor fleet, the industry ended up in a state of considerable oversupply.

With sales locked into higher priced long-term contracts, producers were protected for a number of years and kept aggressively pumping out uranium well past the point at which it made economic sense. The spot price dwindled, falling all the way to US$18 per lb. in 2016.

Incredibly, it took until 2018 for the pricing environment to force producers into action. Kazatomprom, the world’s largest producer, slashed production by 20% in January, 2018. Cameco, the second-largest producer, placed its McArthur River mine into care and maintenance in July, 2018. Rio Tinto, one of the world’s biggest mining companies, decided to all but exit the uranium business, starting with the sale of its large stake in the Rossing uranium mine to China in November, 2018.

More recently, we have also seen some Covid-19 related disruption, with Cameco forced to suspend its Cigar Lake operation — the largest high-grade uranium mine in the world — in March, 2020, and then again in December, 2020.

Millions of U3O8 lbs have come off the market in recent years and

Drill core on display at Fission Uranium’s Patterson Lake South property near the Athabasca basin in northern Saskatchewan. PHOTO BY RICHARD QUARISA

investment has largely dried up for new projects, with the exception of a few with the potential for spectacular economics such as NexGen Energy and Fission Uranium. Cameco still will not commit to a date for restarting McArthur River, and Kazatomprom has announced the extension of its production cut through 2022.

According to the UxC, one of the foremost uranium research and analysis groups, 70% of uranium is produced at below US$30 per lb. (the current approximate spot price), leaving 30% above it. Once we are past 2025, UxC has indicated that declining inventories and reserve depletion will necessitate the use of more costly production — something that producers have made clear is off the table until prices rise.

This is all highly encouraging, but it does not fully explain the scale of the current sentiment uptick.

For the fuller picture, let us look at uranium in the broader context of decarbonization and the greening of the global economy.

The World Nuclear Association (WNA) states that there are currently just over 440 operable reactors worldwide. According to the International Energy Association (IEA), nuclear energy currently provides over 10% of the world’s electricity requirements, is the largest source of low-carbon electricity in advanced

economies and, according to their figures, prevents the emission of 2.1 billion tonnes of carbon dioxide (CO2) equivalent every year.

The world’s largest economies, including the United States and China, are major users of nuclear energy, along with Russia, the United Kingdom, France, Canada, South Korea, India, and Belgium. Even the United Arab Emirates has a nuclear power station in operation.

Nuclear is one of the cleanest forms of energy available, period.

When it comes to carbon emissions, it equals and, in some cases, outperforms renewable energy sources. It is also a great deal more reliable. As several states in the U.S. discovered in the past year — in the form of massive, extended power outages affecting hundreds of thousands of people — adverse weather can prevent the proper operation of renewable energy plants. And the fact is, the vast majority of power grids are designed to use steady, baseload energy from fossil fuel and nuclear power stations — not those with output that can change at any given moment like wind and solar. The nuclear industry has been touting the importance of baseload energy for years, but I think only now, with the evidence staring them in the face, are more people waking up to the fact that renewable energy genera-

tion and modern power grids do not mix well with large scale renewable energy deployments.

According to the Intergovernmental Panel on Climate Change, the United Nations body for assessing the science related to climate change, a minimum of 80% of the world’s electricity needs to be low carbon by 2050 if we are to prevent global temperature increases beyond 2°C. The IEA is even more aggressive.

It states that the world needs 85% of electricity to come from clean sources by 2040. They call for “massive investments in efficiency and renewables … and an 80% increase in global nuclear power production by 2040.”

The figures have not gone unnoticed by governments. The WNA states that there are 53 new reactors under construction, more than 100 reactors in the planning stage, and over 320 more in the proposal stage. With all of this in mind, it is not surprising that the most recent World Nuclear Association’s Fuel Report shows a 26% increase in uranium demand over the next decade.

Still, a lot of these figures have been around for a while. They confirm that the fundamentals are more than robust and I think the final piece of the sentiment puzzle may lie with what we are hearing from nation states. Governments are talk-

ing openly about the need to include nuclear as part of their climate plans and they are also taking action. The U.S., U.K and Canada have invested billions of dollars in small modular reactor designs and initial deployments in the last eighteen months and, in January of this year, the U.S. announced it is considering extending power plant licenses to 100 years.

The change in government attitude, and willingness to start talking about nuclear plans openly is a big deal. Politicians hate negative public opposition to their policies, and post-Fukushima, very few were willing to step forward and push nuclear. Japan’s subsequent decision to release 1.25 million tons of treated wastewater contaminated at Fukushima into the Pacific Ocean certainly didn’t help the public opinion to move on. However, the situation has now clearly changed and, as countries try to figure out how to decarbonize effectively, and in ways that power grids can cope with, it is becoming very clear that nuclear has an obvious and growing role to play.

The uranium spot market is thin and has the potential to change dramatically over comparatively short periods of time. As a result, you cannot rely on recent price rises to foretell the future of the commodity.

However, with compelling supply and demand figures, combined with increasing government support and funding, it becomes easier to understand the change in sentiment for this long-neglected energy metal, and to consider that it may be here to stay. TNM —Anthony Milewski is a director of International Consolidated Uranium (TSXV: CUR). The company has entered option agreements to acquire five uranium projects in Australia, Canada and Argentina, each with significant past expenditures and attractive characteristics for development.

GLOBAL MINING NEWS

THE NORTHERN MINER / MAY 10—23, 2021

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JOINT VENTURE ARTICLE

American Eagle Gold advances flagship Golden Trend property in Nevada’s Cortez Trend

BY NORTHERN MINER STAFF

Newly listed American Eagle Gold (TSXV: AE) continues to focus on exploring its flagship Golden Trend property in Nevada. The company’s 925-hectare site was acquired in July of last year and is located in the state’s rich Cortez Trend, adjacent to Barrick Gold and Newmont Mining’s joint venture Nevada Gold Mines Goldrush deposit and Cortez mine, which collectively host over 27 million oz. of gold.

“Nevada is the best jurisdiction in which to be exploring for gold,” says American Eagle’s CEO, Anthony Moreau. “We are looking for a multimillion ounce orebody within the same geologic context as neighbouring deposits like Barrick’s Goldrush. Our Golden Trend project is attached to Barrick and Newmont’s property package and is on trend with three of the largest gold deposits in the world. This represents a great opportunity for American Eagle Gold and its shareholders.”

American Eagle is part of the Ore Group of companies, whose overall business plan centres on consolidating prospective land packages in mining friendly jurisdictions and employing a talented team with strong financial and technical expertise. Golden Trend represents an opportunity to make a world class gold discovery, which is paramount to American Eagle’s growth.

Moreau joined American Eagle at

Top: A view looking north over American Eagle’s Golden Trend asset in Nevada, with Cortez Hills to the left and the Goldrush property on the right. AMERICAN EAGLE GOLD Inset: American Eagle’s vice-president of exploration, Mark Bradley, doing field work at the company’s Golden Trend property. AMERICAN EAGLE GOLD

the beginning of the year, after a lengthy career at Iamgold that included roles in investor relations, operations and business development. He says that one of the reasons he took on the CEO role is that the Golden Trend project is one of the last, unexplored properties in the area, surrounded by numerous million plus ounce assets.

“Golden Trend is virgin land,” says Moreau. “We are right beside Goldrush, one of the best mines to come online in the last 20-30 years, which is a 10+ gram per tonne, tier one deposit. Golden Trend is attached to Nevada Gold Mines’ property and on trend with the world class Cortez Hills deposit.”

Along this 15 km trend, three mines host over 50 million oz. of gold reserves and resources and have produced over 25 million oz. since 1996, Moreau says. Each was discovered ten years after one another, moving southwest along the Cortez trend. Golden Tend is a property southwest of the Nevada Gold Mines’ Goldrush deposit, which was discovered ten years ago.

A lot of the deposits in the area are Carlin-type deposits, and one of the experts on these is Mark Bradley, American Gold’s vice-president of exploration. Prior to joining the company, Bradley was the team leader of Barrick’s Cortez project during the discovery and definition

of the Goldrush deposit, and he knows this part of Nevada better than most others. As the company believes Golden Trend shares similar geology to the Goldrush deposit, Bradley’s role will help guide them as they advance to drill hole exploration work in the near future.

Moreau points out that Golden Trend has had just a limited amount of exploration done by previous owners, with next to no historical drilling at depth, so it’s still an earlystage exploration play.

“Initially, a lot of the work that was done was shallow drill holes, looking for oxides,” says Moreau. “But mineralization is not at surface on our property. It is under deep cover.

The few strategic holes drilled on our property were wild cat drill holes, done without basic information such as modern geochem analysis, MT work or seismic surveys. This is a world class target, so, we plan to do the proper front-end work before we begin drilling.”

American Eagle raised $3.5 million in January, and was listed on the TSXV at the beginning of May, trading under the symbol AE. The capital raised has been earmarked to fund the first round of exploration, which will start with MT and seismic surveys to gain further understanding of the type of rocks and structure that exists on the property. The company has already begun work on the permitting process that will allow exploration to commence, targeting the drilling program to begin in early September of this year.

“For our team, Golden Trend represents an opportunity to find the next Goldrush deposit,” says Moreau. “And having worked at a large firm, I know opportunities like this don’t come along that often. All of us at American Eagle know that.

So we’re committed to finding that deposit. It’s about two things: the property and the people. We have both of them and are positioned well to make a discovery.”

The preceding Joint Venture article is PROMOTED CONTENT sponsored by American Eagle Gold and produced in cooperation with The Northern Miner.

Visit americaneaglegold.ca for more information.

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MAY 10—23, 2021 / THE NORTHERN MINER

EDITORIAL

GLOBAL MINING NEWS · SINCE 1915

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Is uranium coming back in vogue?

T

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THE VIEW FROM ENGLAND

his week’s issue is packed with interesting stories including a look at the latest M&A transaction between Fortuna Silver and Roxgold — and raises the question whether other suitors might emerge; Chile’s political debate over a new royalty tax; near-record copper prices, and what the latest Ontario budget

BY TRISH SAYWELL offers mining companies. We also preview The Northern Miner’s next virtual Global Mining Symposium, scheduled for May 19 and 20, which will include interviews with David Garofalo, the CEO of Gold Royalty Corp., and Jake Klein, executive chairman of Australia-based Evolution Mining, which is establishing itself in Canada’s Red Lake district.

But here I’d like to flag Anthony Milewski’s opinion piece on uranium (see page two). Milewski, a director of International Consolidated Uranium, makes the case that uranium sentiment is finally improving and the nuclear fuel is now having its day in the sun after years in the darkness following the Fukushima nuclear disaster in 2011. Milewski notes that there seems to be a shift in the willingness of governments to discuss nuclear energy openly now in the context of controlling greenhouse gas emissions and fighting climate change. “Nuclear is one of the cleanest forms of energy available, period,” he writes, and when it comes to carbon emissions, “it equals, and in some cases, outperforms renewable energy sources.” It is also “a great deal more reliable.” In addition, Milewski points to the most recent World Nuclear Association’s Fuel Report, which forecast a 26% increase in uranium demand over the next decade, and stats from the World Nuclear Association, which show there are 53 new reactors under construction, more than 100 reactors in the planning stage, and another 320 in the proposal stage.

Prices for the uranium compound known as U308 are still low by historic standards, with spot roughly US$30 per lb., down from about a year ago when it reached US$34 per lb. And as Milewski points out, major producers like Kazatomprom and Cameco have really curtailed production — temporarily shutting down some of their operations. According to UxC, a nuclear-fuel data and research company, last year global uranium production fell to 123 million lb., its lowest level since 2008. BMO Capital Markets forecasts a 33 million lb. deficit of uranium this year, or about 18% of current demand, even with the restart of Cameco’s Cigar Lake mine that was announced on April 9. And some investors see an opportunity to cash in on uranium stocks.

What’s really interesting is that we’re seeing some companies buying physical uranium themselves — often to help finance development of their own uranium projects or beef up their balance sheets. And in some cases, they are funding their purchases through equity financings.

On April 1, Toronto-based Denison Mines announced it had secured 2.5 million pounds of uranium concentrates (U308) on the spot market at a weighted price of US$29.61 per lb. at a total cost to the company of US$74 million. It raised US$86 million in a bought deal to pay for it (issuing 78.4 million units of the company at US$1.10 per unit). Its rationale?

To strengthen the company’s balance sheet “and enhance its ability to access future project financing, with the potential collateralization of the uranium holdings.” Moreover, it explained, “the purchased uranium could provide the company with increased flexibility to negotiate longterm uranium supply arrangements with future customers,” adding that if the board were to approve construction of its flagship Wheeler River uranium project, Denison “could eventually market its physical uranium investments to its future customers along with the mine production from Wheeler River.” It could also be worth more in the future, if uranium prices rise further. David Cates, Denison’s president and CEO, stated in a press release at the time: “This material was secured amidst a tightening market, which has seen the spot price of uranium rise approximately 15% within the month of March, in response to various new sources of demand.” Denison owns a 90% stake in Wheeler River, which is in northern Saskatchewan’s Athabasca Basin, and on May 4 announced a bid to acquire the remaining 10% stake.

In mid-March, Vancouver-based EnCore Energy purchased 200,000 lb. of U308 at a spot price of US$29.65 per lb. The Vancouver-based junior explained that the strategy “supports our objectives to strengthen our balance sheet as uranium prices appreciate while providing inventory to support future marketing efforts which complement production with utility companies, the key purchasers in the future.” EnCore Energy has two licensed in-situ recovery (ISR) uranium production facilities in Texas (Kingsville Dome and Rosita that have a combined nameplate production capacity of 1.6 million lb. U308 a year) and a number of assets spread across Arizona, New Mexico, Utah and Wyoming.

Alexander Pearce of BMO Capital Markets has also pointed out that a key theme that emerged from chats with the CEOs of uranium companies at the 30th annual BMO Global Metals & Mining Conference (March 1-5), “was a clear sense of the growing positive momentum behind uranium’s potential to deliver low carbon base load power.”

“From the producer panel that we hosted with Cameco and Kazatomprom, the panelists highlighted increasing interest from funds with sustainability mandates and improving market awareness of the strong safety and environmental track record of the sector,” he commented in a March 4 research note. “In terms of demand, growth continues to be led by the reactor buildout in China and there is a growing sense of optimism of government-level support for existing reactor fleets in the U.S. and Canada.” TNM

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

COLUMN

| Napoleon Bonaparte helped aluminium take wing

BY DR. CHRIS HINDE Special to The Northern Miner

T

he British are not especially peaceful. Since the Act of Unification in 1707, the Kingdom of Great Britain has fought in over 120 wars across a total of 170 countries. During this period (and contrary to the popular perception) we have been allies with France (in 18 wars) almost as many times as we have fought them (20 wars). Perception is tainted, perhaps, by the Middle Ages, when five generations of English kings fought France in the 100 Years War (a series of conflicts from 1337 to 1453).

Taken over the past 300 years, our nearest neighbour has headed both the ally and foe listings. Next in the list of allies are the U.S. and Russia (siding with Britain in 11 and nine wars, respectively), with the next greatest foes being Spain and Russia (nine and six wars, respectively).

According to a poll in 2012 by the National Army Museum, our greatest enemy commanders* during this period were considered to be George Washington (American Revolutionary War; 1775-83), Michael Collins (the 20th century guerrilla campaign for Irish independence) and Napoleon Bonaparte (over 20 years of French hostility). * Adolf Hitler was excluded as he never actually led an army in battle.

Unlike Washington and Collins, Napoleon ultimately failed in his political objectives, but is widely regarded as the greatest military leader of all time. There is another claim to fame; although Napoleon died four years before aluminium was first isolated, his family has strong associations with the light metal’s early years.

Napoleon dominated European affairs for two decades while leading France against a series of coalitions.

He won most of these wars and only lost seven of his 60 battles (although an estimated 900,000 French soldiers died), building an empire that ruled over continental Europe before its final collapse in 1815.

May 5 marks the 200th anniversary of his death in 1821, aged 51, on the Atlantic island of St. Helena, where he was exiled following his defeat at the battle of Waterloo six years earlier.

Napoleon’s only child, Franz Joseph, never actually ruled the empire but was styled Napoleon II. He died of tuberculosis in 1832, aged 21, and it was his cousin LouisNapoleon (the son of Napoleon Bonaparte’s younger brother) who became leader of the short-lived Second French Empire as Napoleon III. The last monarch of France, Napoleon III (1808-73) was an early proponent of aluminium, which he hoped to use for armour to give his soldiers an edge in battle. The emperor funded the work of Henri Sainte-Claire Deville, who initiated the first industrial production of aluminium in 1856. It was a slow and inefficient process, however, and Napoleon III is reported to have used aluminium utensils for his favoured guests, while everyone

else at the imperial dinner table had to make do with gold.

Aluminium had been named in 1808 by the English chemist Sir Humphry Davy after alum (‘bitter salt’ in Latin), which had been used throughout Europe since the 16th century in the leather industry (as a tanning agent) and in medicine.

In the periodic table, aluminium is perched between boron (the only non-metallic element of group 13) and gallium. Although aluminium is the third most abundant element in Earth’s crust (8.3%), after only oxygen and silicon, and well ahead of iron (5.6%), it is not found free in nature. Once considered a ‘precious’ metal, it now has myriad uses.

Nearly all of the world’s aluminium is obtained by smelting aluminium oxide that has been derived from refining bauxite ore. Pure aluminium is easily formed, machined and cast, and can be alloyed with a variety of metals. It is also a good conductor of electricity and an excellent reflector of radiation. It is used to make cans, wrapping foil, household utensils, and has numerous applications in the vehicle, aircraft and construction industries.

In 1821, geologist Pierre Berthier discovered reddish clay rock deposits in France. The rock was named bauxite after Les Baux, the area where it was found.

Danish chemist Hans-Christian Oersted is acknowledged as the first to isolate aluminium in 1825, but Germany’s Friedrich Wöhler is generally regarded as the first to secure a pure sample of the element in 1827.

Economic production of the metal was made possible in 1886 following independent research into electrolysis by the American Charles Hall and the Frenchman Paul Héroult, and the following year by Austrian Karl Josef Bayer’s development of a chemical process to extract alumina from bauxite.

Another critical moment for the aluminium industry came in 1920, when a group of scientists under the leadership of Carl Soderberg from Norway invented a new aluminium production process that made the Hall-Héroult method much cheaper.

With the onset of World War II, aluminium became a key strategic metal, and by 1954 aluminium had become the most produced nonferrous metal, surpassing copper.

According to the International Aluminium Institute, primary aluminium production reached 65.3 million tonnes in 2020, compared with only 19.5 million tonnes in 1990. At the recent price of US$2,375 per tonne (US$1.08 per pound) the annual value of aluminium production is now some US$155 billion. This is only US$35 billion less than the annual valuations for copper and gold, which are now neck-and-neck at around US$190 billion each per annum.

Just think what Napoleon could have done with aluminium. TNM Dr. Chris Hinde is a mining engineer and the director of Pick and Pen Ltd., a U.K.-based consulting firm he set up in 2018 specializing in mining industry trends. He previously worked for S&P Global Market Intelligence’s Metals and Mining division.

COMPANY INDEX African Gold Group . . . . . . . . . . . . . .12 Agnico Eagle Mines . . . . . . . . . . . . . . . .8 Alamos Gold . . . . . . . . . . . . . . . . . . . . .6 Andean Precious Metals . . . . . . . . . . . .7 AngloGold Ashanti . . . . . . . . . . . . . . .16 AUX Resources . . . . . . . . . . . . . . . . . . .8 B2Gold . . . . . . . . . . . . . . . . . . . . . . . . 8,9 Barrick Gold. . . . . . . . . . . . . . . . 6,8,9,16 California Gold Mining . . . . . . . . . . . .8 Centamin . . . . . . . . . . . . . . . . . . . . . . . .8 Cobalt Blockchain . . . . . . . . . . . . . . . .12 Coeur Mining . . . . . . . . . . . . . . . . . . . .7

Deep-South Resources . . . . . . . . . . . .12 East Africa Metals . . . . . . . . . . . . . 12,13 Endeavour Mining Corp. . . . . . . . . 8,13 Fortuna Silver Mines . . . . . . . . . . . . . 1,8 Freeport-McMoRan . . . . . . . . . . . . . . . .6 Global Atomic . . . . . . . . . . . . . . . . 13,14 Iamgold . . . . . . . . . . . . . . . . . . . . . . . 9,16 Lundin Mining . . . . . . . . . . . . . . . . . . . .5 Millennial Lithium . . . . . . . . . . . . . . . .8 Namibia Critical Metals . . . . . . . . 14,15 Newcore Gold . . . . . . . . . . . . . . . . . . .15 Newcrest Mining . . . . . . . . . . . . . . . . . .6

Newmont . . . . . . . . . . . . . . . . . . . . . . . .6 NextSource Materials . . . . . . . . . . . . .10 Perseus Mining . . . . . . . . . . . . . . . . . . .8 Polyus . . . . . . . . . . . . . . . . . . . . . . . . . . .6 Roscan Gold . . . . . . . . . . . . . . . . . . . 9,16 Roxgold. . . . . . . . . . . . . . . . . . . . . . . . 1,8 Scottie Resources . . . . . . . . . . . . . . . . . .8 Stratabound Minerals . . . . . . . . . . . . . .8 Tanzanian Gold . . . . . . . . . . . . . . . . 9,16 Teck Resources . . . . . . . . . . . . . . . . . . . .5 Yamana Gold . . . . . . . . . . . . . . . . . . . . .8

GLOBAL MINING NEWS

THE NORTHERN MINER / MAY 10—23, 2021

5

Proposal for new royalty unsettles copper miners in Chile TAXATION

| Revenue from copper sector is important to country’s economic stability The site of Josemaria Resources’ copper-gold project in Chile. JOSEMARIA RESOURCES

BY TOM AZZOPARDI

T

Special to The Northern Miner

he return of high copper prices has come in the nick of time for Chile, but as the price for the red metal rallies, politicians believe the mining industry could be contributing significantly more to help the country through the Covid-19 pandemic.

Long-viewed as the most stable destination for foreign investment in South America, Chile’s increasingly fraught political scene is increasing risks for the country’s powerful mining industry.

The Finance Ministry estimates that the rise in copper prices since the start of the year could bolster public revenues by around US$4 billion or 5.6% compared to its previous estimate, giving the government more wriggle room as it strives to protect families and businesses from a deadly second wave of infections.

Around half will come from state copper miner Codelco, which reported profits of US$1.6 billion for the first three months of the year, its best quarterly result in a decade, and an increase of 3,000% from the same period of last year. Taxes paid by privately-owned mines, which account for around 70% of the 5.8 million tonnes of copper that Chile produced last year, will provide the rest.

On March 24, deputies in Chile’s lower house gave their general backing to a constitutional reform that would impose a flat 3% royalty on the production of copper and lithium to finance environmental and social programs in communities near mining operations.

But under an amendment approved at the committee stage on April 26, the royalty would rise to a marginal rate of 15% when the copper price rises above US$2.00 per lb.; 35% above US$2.50 per lb, and 75% above U$4.00 per lb.

If approved (it requires two-thirds majorities in both the lower and upper houses), mining companies would lose more than a fifth of their

Underground at Codelco’s El Teniente copper porphyry mine in Chile. CODELCO

gross revenue to the royalty alone when prices are at current levels.

It is not just profits that are at stake. Aging infrastructure, falling ore grades and rising labour costs mean Chile’s copper mines are not as competitive as they were at the start of the last Supercycle, warns Gustavo Lagos, a professor of mine engineering, at Santiago’s Catholic University.

Around fourteen of the country’s large copper mines have production costs above US$2.50 per lb. With a royalty, many could be forced to close when prices slip again.

“Many low-grade operations will be put out of business, destroying jobs,” Manuel Viera, president of the Chilean Mining Chamber, said in a statement.

The full impact of the new tax would not be felt immediately.

According to the Mining Council of Chile, most privately owned mines are covered by tax invariability agreements signed with the Chilean state.

Most of these are due to expire in

the coming years, but some newer mines, such as Teck Resources’ (TSX: TECK.A/TECK.B; NYSE: TCK) Quebrada Blanca 2, which is still under construction, are protected until early next decade.

But the tax would not only threaten existing operations but also the pipeline of new mines Chile needs to develop to prevent production declining over the coming decades.

Many of these offer relatively low grades and must overcome significant environment challenges before they can be brought into operation.

The need for desalination plants and pumping systems to supply water will add to capital and operating costs.

Add a punitive tax, like the one lawmakers are proposing, and many mining companies will prefer projects further up the Andes, in Asia or Africa, some people say.

But in Chile’s increasingly fraught political scene, few lawmakers are looking to the long-term, and are instead focusing on upcoming presidential and legislative elections in November, says Lagos.

Following the collapse in support for President Piñera following the social unrest in late 2019, the legislative agenda has increasingly been dominated by the opposition-led Congress, which has wrong-footed the government with a series of headline-grabbing initiatives designed to help Chileans survive the pandemic.

Since last July, they have approved three constitutional reforms allowing Chilean workers to withdraw 10% of their pension savings (up to a maximum of US$6,225 each time).

So far savers have withdrawn a total of US$36 billion (which could reach US$50 billion in the coming weeks), bolstering household consumption and wealth but leaving millions without any savings for their old age.

Another constitutional reform at the committee stage would impose a one-time 2.5% levy on millionaires to finance basic income for vulnerable households. Not content with that, the deputies also added a temporary hike in corporate taxation for large

companies and a cut in sales tax for basic household items.

After initially ceding ground, President Piñera promised this year to take a firmer stance against populist measures by challenging them on constitutional grounds (under the Constitution, only the executive can propose tax-raising measures).

But this legal ace-in-the-hole has failed. With unions promising a general strike if the third pension withdrawal was blocked, the Constitutional Court (led by one of Piñera’s former top advisers) refused on April 28 to even hear the president’s challenge, forcing him to sign the bill into law.

The political instability comes just as Chile embarks on a key political process — the debate over a new constitution. On May 15-16, Chileans will head to the polls to choose members of the 150-member constitutional convention who will debate the contents of the new constitution.

Although companies were initially calm about the constitutional convention, thanks to a clause requiring a two-thirds majority to approve each clause of the constitution, lawmak-

ers’ increasing radicalism is giving cause for alarm.

Adding to the concerns is the next presidential elections, which remain wide open. A poll on April 29 by the respected Centro de Estudios Públicos found Pamela Jiles, a populist proponent of the pension withdrawals, as by far the country’s most popular politician.

Following the events of recent days and weeks, the government has now opened talks with more moderate members of the opposition, led by Senate Chairwoman Yasna Provoste, with the aim of agreeing to a more centrist agenda for its remaining ten months in office.

The deal is likely to include a universal basic income as well as new taxes to fund it. While hopeful that the royalty as currently envisioned will not come to pass, mining companies are realistic that taxes are going to go up.

“We expect that there would be new taxes at some point and that they will be reasonable and not as huge to the industry,” Lundin Mining (TSX: LUN) CEO Maria Inkster told analysts and investors on the company’s latest results call. TNM

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WWW.NORTHERNMINER.COM

MAY 10—23, 2021 / THE NORTHERN MINER

Ranking the world’s top 10 biggest gold mines GOLD

| Global production surpassed 100 million oz. in 2020 ISTOCK/EONEREN

BY MINING.COM STAFF WITH MINING INTELLIGENCE

D

espite being adversely affected by the Covid-19 pandemic, global gold production still surpassed 100 million ounces in 2020 and is expected to bounce back this year as economies continue to recover and miners ramp up operations.

To see which mining operations were the biggest contributors to the world’s gold output, Mining.com and MiningIntelligence collaborated to provide a ranking of the top gold producers based on production for the 2020 calendar year.

Taking top spot is Polyus’ (LSE: PLZL) largest mining operation, Olimpiada, located in one of Russia’s most prolific gold mining provinces. The mine began production in 1996 and currently accounts for nearly half of the Moscow-based company’s total gold output. Even though production in 2020 was impacted by a decline in ore grades processed, resulting in a 14% yearon-year decline, Olimpiada claimed the number one spot.

In second place is a BarrickNewmont joint venture, Pueblo Viejo in the Dominican Republic, located about 100 km northwest of the capital city of Santo Domingo.

Project development started in 2009 and reached first production in 2012.

Barrick Gold (TSX: ABX; NYSE: GOLD) previously announced that it would spend US$1.3 billion to extend the mine’s life and unlock over 11 million ounces of reserves.

Once the world’s top producer, the giant Grasberg mine operated by Freeport-McMoRan (NYSE: FCX)

in the Indonesian province of Papua fell to third place this past year. In 2020, mine production was cut by rising Covid-19 infections in the region, which resulted in a reduction in workforce. At its peak in 2001, the mine complex produced more than 3.5 million ounces of gold that year.

In fourth place is Newcrest Mining’s (TSX: NCM; ASX: NCM) Cadia Valley operations in New South Wales, Australia, comprising the Cadia East underground panel cave mine and the Ridgeway underground mine, currently under care and maintenance. In October 2020, an expansion of the Cadia mine was approved, which would see output rise by 1.8 million ounces over its mine life. Cadia’s low all-in sustaining costs (AISCs) benefited from mined copper and molybdenum production credits as well as the timing of sustaining capital expenditure.

Taking fifth place is the Barrickoperated Kibali mine in the Democratic Republic of the Congo. Kibali, the first underground mine to be built in the African nation, is currently one of the world’s most highly automated underground gold mines. In the third quarter of 2020, Barrick integrated a new battery technology into the mine’s power grid, further reducing its energy costs and carbon footprint.

Property

Location

Operating Owner

Work Type

2020 Gold Production (koz)

2020 Costs (US$/oz)

1 Olimpiada

Russia

Polyus

Open-Pit

1,200

532

2 Pueblo Viejo

Dominican Republic

Barrick Gold

Open-Pit

899

661

3 Grasberg

Indonesia

FreeportMcMoRan

Underground

848

1,279

4 Cadia Valley

Australia

Newcrest Mining Underground

822

104

5 Kibali

DRC

Barrick Gold

Open-Pit/ Underground

807

778

6 Cortez

United States

Barrick Gold

Open-Pit/ Underground

798

1,000

7 Lihir

Papua New Guinea

Newcrest Mining Open-Pit

772

1,308

8 Loulo Gounkoto

Mali

Barrick Gold

Open-Pit/ Underground

680

1,001

9 Boddington

Australia

Newmont

Open-Pit

670

1,091

10 Fosterville

Australia

Kirkland Lake Gold

Underground

640

313

Source: Mining Intelligence Data

All in sustaining costs (AISC) are calculated from quarterly reported costs and production. AISC takes into account administrative, exploration, reclamation and other sustaining costs not just cash production costs. Freeport-McMoRan does not report AISC at Grasberg but a Total Cost figure that includes depreciation, depletion and amortization and other non-cash items.

Rounding out the rest of the rankings are: Cortez in Nevada (Barrick), the Lihir mine in Papua New Guinea (Newcrest), Loulo Gounkoto in Mali (Barrick), the Boddington openpit mine in Australia (Newmont), and the Fosterville underground mine (Kirkland Lake Gold), also in Australia.

Notable omissions from the list include the Muruntau mine operated

by Uzbekistan’s Navoi Mining &

Metallurgical Combinat. We omitted Murantau because the miner does not disclose production data or AISCs to the public. MiningIntelligence estimates gold production to be about 2 million ounces each year, which makes it the biggest gold mine in the world.

Another omission is Barrick’s Carlin Trend operations in Nevada, jointly owned with Newmont (TSX: NGT; NYSE: NEM). As the reported

production figures from Carlin of 1.67 million oz. in 2020 is an aggregated production number from numerous operations, MiningIntelligence could not determine which of the operations within this large cluster of mines contributed the most gold. TNM Mining.com and MiningIntelligence are part of the Glacier Resource Innovation Group.

Alamos Gold seeks US$1bn for stalled Kirazli project TURKEY

| Sum represents value of all its assets in the country

BY CECILIA JAMASMIE

A

lamos Gold (TSX: AGI; NYSE: AGI) is seeking to obtain more than US$1 billion from Turkey for what it deems as “unfair and inequitable treatment” of its Kirazli gold project, which has been halted since 2019 following protests and the expiration of the mining permit.

The Toronto-based miner and its Netherlands units, which have had an active presence in Turkey since 2010, said the claim will be filed under a Netherlands-Turkey bilateral investment treaty.

“Alamos and the subsidiaries have invested over $250 million in Turkey, unlocked over a billion dollars’ worth of project value, and contributed over $20 million in royalties, taxes and forestry fees to the Turkish government,” the company said in a statement.

The gold miner said the sought sum represented the value of all its Turkish assets.

Opposition to Kirazli, located in a forested region near Mount Ida, began building two years ago, on the back of allegations that the miner had exceeded the number of trees it was supposed to cut according to an environmental impact report. Protests grew larger after the company’s alleged plans to use cyanide flooded Turkish social media.

The processing plant at Alamos Gold’s Young-Davidson underground mine in Ontario.

Alamos, which has denied claims that cyanide would leak into the project’s surrounding area, said the Turkish government has failed to grant a routine renewal of its

mining licenses in the 18 months since expiry.

The company says that during that time, it has met all legal and regulatory requirements for the renewal.

ALAMOS GOLD

“The failure to renew the company’s mining licenses will result in the loss of over a half a billion dollars in future economic benefits to the Republic of Turkey, including tax

and other revenues, and thousands of jobs within Turkey,” Alamos said.

The company noted that, as a result, it expects to incur an after-tax impairment charge of about US$215 million, which will be recorded in the second quarter financial statements.

The Kirazli gold mine was expected to produce an average of 104,000 ounces at all-in sustaining costs of US$373 per ounce over a five-year mine life.

Alamos currently has two operating mines in Canada (YoungDavidson and Island Gold in northern Ontario), and one in Mexico (Mulatos in Sonora state). It also has projects in Canada, Mexico, Turkey, and the United States.

In a research note, Ryan Hanley of Laurentian Bank Securities, emphasized that “it is important to note that the permit has not been revoked, it has just not been renewed.”

“We believe that the process will likely result in one of three outcomes: 1) the mining licence is renewed and forestry permit reinstated; 2) a settlement will be reached with the Turkish government, or 3) the dispute moves through an arbitration process with a potentially extensive time to resolution,” he wrote. “We continue to believe that there is still the potential for AGI to retain a local partner — a process which could run in parallel to the investment treaty claim.” TNM

GLOBAL MINING NEWS

THE NORTHERN MINER / MAY 10—23, 2021

7

An aerial view of the leaching tanks at Andean Precious Metals’ San Bartolome processing plant in Potosi, Bolivia. ANDEAN PRECIOUS METALS

Bolivia-focused Andean Precious Metals lists on TSXV SILVER

S

BY TRISH SAYWELL

ilver producer Andean Precious Metals (TSXV: APM) listed on the Toronto Venture Exchange on March 29 with US$70 million in cash and the only producing oxide plant in Bolivia.

Its predecessor company acquired the 5,500 tonne-per-day (1.65 million tonne-per-year) San Bartolome plant in 2017 from Coeur Mining (NYSE: CDE), which had built it in 2008 at a cost of about US$188 million.

Last year the plant churned out 5.9 million oz. of silver — about 34% of which came from a combination of feedstock supplied from private Bolivian companies and through contracts with Bolivia’s state-owned mining company, COMIBOL. The remainder was extracted from mineralized material taken from Andean Precious Metals’ owns deposits in the area.

“It’s a good model and it can be a very healthy model and I think there are opportunities to grow it,” says Luis da Silva, the company’s president and CEO, in a telephone interview from his home outside London. “This is the only commercial oxide plant in the country, which gives us an advantage.”

The plant is near Potosi, in the country’s southern highlands, an area with a long mining history based around Cerro Rico, a silver

ONTARIO From 1

Northwestern Ontario Prospectors Association’s 2018 “Bernie Schnieders Discovery of the Year Award.”

Clark said he hoped to see the OJEP follow a similar qualification threshold as the previous government programs, which only required that applicant companies not be producing miners, something that he said would allow a combination of listed and unlisted junior mining companies to qualify.

Campbell said the ministry is “currently in the process of developing the program parameters.”

The budget also included a nod to the province’s in-development critical minerals strategy, which Minister of Northern Development and Mines Greg Rickford announced at the 2021 PDAC Convention. The strategy, which is set to be released in the fall, is aimed at making Ontario a major jurisdiction for critical min-

| Company has the only producing oxide plant in Bolivia

mine south of the city.

“San Bartolome was built in a very historical area,” da Silva says. “It is extremely well-endowed geologically, and Cerro Rico, which is on the national flag, is the foundation of the industry there going back 500 years so it’s incredible to think there are still surface deposits being mined.

We have some of those locally, and then there is a need to service the various smaller miners that exist.”

Another benefit the model offers is to secure “higher grade of our choice and blend it with what we have,” he continues. Andean is mining three surface deposits: Antuco, Santa Rita, and Huacajchi. “Those are all historic surface deposits that have been there since God left them there, and

the oxides haven’t been mined for the last 500 years, but those would normally have COMIBAL as a third party, so we pay them a royalty,” says da Silva.

Looking ahead, the mining executive says Andean Precious Metals “will continue to build the relationship with COMIBAL, screening further projects for third-party ore sourcing — because there are significant opportunities to add to that,” and at the same time drill its own exploration project, San Pablo.

Its San Pablo gold project is about 90 km southwest of Potosi and its other project, Rio Blanco, sits about 117 km to the south of the city, and the company says it started drilling at San Pablo in February. At Rio Blanco, 21 trenches were completed with results including 10 grams gold per tonne over 2 metres; 2.2 grams gold per tonne over 17 metres and 3.7 grams gold over 9 metres.

“Rio Blanco is exciting because it had been forgotten about by Coeur Mining ... it was left in a drawer and subsequently we were approached

by COMIBAL and told that if we put the licence in good standing we could own 100% of it,” da Silva says. “So we’re doing mapping, geophysics in the first half of this year and looking to drill as soon as practical.”

In addition, the company is contemplating opportunities to re-process San Bartolome tailings to recover

silver and tin. The concept would be hydraulic mining or dredging the tailings and moving them to a process plant that would have a new tin gravity concentration circuit with an upgraded leach circuit to recover the silver. The company plans a study that would include auger drilling of the resource; met testwork; flow sheet designs and opex and capex estimates.

“This is a significant opportunity,” he says, “and that’s something we’re actively going to put in place now and we hope within 12 months to have substantial results. We know there are 10 million tonnes, we know the grade that has been put there [about 40 grams silver per tonne], and we know it contains tin [about 0.25% tin]. So for a modest investment to reprocess those tailings it could extend the life of San Bartolome but also deliver on the revenue side.”

With free cash flow of roughly US$5 million a month, da Silva says, the junior is “very well positioned to take on other projects — be it in Bolivia or outside Bolivia.”

“We have an exceptionally strong board that is well known in terms of building and growing companies,” he adds.

“We started life as a small junior but we don’t intend to stay junior very long. We intend to become a mid-tier as quickly as we can and that will come from looking at Bolivia and

looking outside to diversify jurisdiction and look at smart acquisitions.”

Da Silva won’t divulge where in Latin America Andean is looking at new opportunities, but says the company has signed five non-disclosure agreements.

As for Bolivia, da Silva says, a new administration came in last year in November after general elections for president, vice-president, and the Senate and Chamber of Deputies on October 18. (The Movement for Socialism (MAS) party’s Luis Arce, was elected president with 55% of the vote.)

“We have a new mines’ minister and new president of COMIBAL,” da Silva says. “I have not met them, but our in-country president met with both of them on multiple occasions and they both come from the private sector, which I think is very helpful to building the way forward with investors. The mining industry is significant for Bolivia and they want to attract more.”

Corporate taxes in Bolivia are currently 32.5%, he adds, and while royalties on production can vary, it’s typically around 5%.

At presstime in Toronto, Andean was trading at $1.34 per share and since listing has traded in a range of $1.19 and $2.00 per share. The company has about 157 million common shares outstanding for a market cap of about $210.4 million. TNM

erals, including rare earth elements, which can be used in electric vehicle batteries, wind turbines, car catalysts and more. The province’s proposed critical minerals list also includes nickel, platinum group elements, zinc, titanium, vanadium, chromite, and graphite, among others.

“We are confident this [strategy] will generate investment, reduce red tape, create jobs and advance Indigenous participation in the sector,” Rickford said in a March press release. “Local and global markets, including Ontario-based industries, are looking for reliable, responsiblysourced critical minerals and we are ready to capitalize on this growing market demand.”

The budget also allocated an additional $2.9 million to Ontario Mine Rescue’s annual funding to address the growth of new mining operations in the province, bringing the division of Workplace Safety North’s total yearly operating budget to just

under $8 million.

“As more mining sites come into operation, this funding will ensure we can provide the resources and training needed so more brave women and men can re-enter mines in emergencies and save lives,” said Monte McNaughton, minister of labour, training and skills development, in an April press release.

Ted Hanley, vice-president of Ontario Mine Rescue, said the funding will be used to purchase new rescue equipment and supplies for the eight “districts” Ontario Mine Rescue operates in, and conduct additional underground mine rescue training at new and existing mines.

Hanley pointed to the Southern Ontario district, which has seen an increase in workers to the three mines operating there, and the Algoma district, where Newmont’s Borden mine and Harte Gold’s Sugar Zone mine have opened in the past few years. Thunder Bay, he added, is

expecting two to three new mines in the next three years. He also noted that the organization works with some exploration phase companies and begins training workers as soon as companies begin construction on a new underground mine.

“We’re going to hire more mine rescue operators and make more training available to mines that they were at risk of not keeping up with,” Hanley said.

The organization is also planning to roll out an electronic communications system for underground mine rescue — a significant technological advancement in the way mine rescue is done. “For the previous 85 years, mine rescue teams had gone into mines with pencil and paper and either had no means of talking to surface, or had something pretty ordinary like a handheld radio where they communicated by voice,” Hanley said.

Ontario Mine Rescue plans to

leapfrog off multiple mines’ use of underground WiFi and LTE to deploy more rugged tablets with built-in software that allows mine rescuers to communicate with their surfacelevel team members. “That allows the team to communicate back and forth to make safer, quicker decisions in an emergency,” he said.

“We’re well aware that only a third of mines in the province have moved to a more robust communications infrastructure, but the speed at which more mines are adopting it is very impressive and encouraging.”

Hanley said the technology, which has been in development since 2015, will put Ontario at the forefront of mine rescue globally. “As simple as it sounds, for mine rescue we’re the first organization in the world to do that.” TNM

“WE STARTED LIFE AS A SMALL JUNIOR BUT WE DON’T INTEND TO STAY JUNIOR VERY LONG. WE INTEND TO BECOME A MIDTIER AS QUICKLY AS WE CAN.” LUIS DA SILVA PRESIDENT AND CEO, ANDEAN PRECIOUS METALS

Kelsey Rolfe is a Toronto-based freelance writer who specializes in the mining industry.

8

WWW.NORTHERNMINER.COM

MAY 10—23, 2021 / THE NORTHERN MINER

Copper breaches $10,000 per tonne and nears record high price COPPER

| Price correction anticipated later this year ISTOCK.COM/NIKOLAY BELYAKOV

BY NORTHERN MINER STAFF

C

opper surpassed US$10,000 a tonne on the London Metal Exchange on April 29, nearing the record inter-day high of US$10,204 per tonne set in February 2011.

“It’s a great time to be a copper miner and prices are way, way above what it costs to get the metal out of the ground,” Robert Edwards, principal analyst at the CRU Group, told The Northern Miner in a telephone call from London. “For every one dollar they spend getting the metal out of the ground, they earn at least two dollars.”

Edwards said he thinks there is some runway for the metal to increase in price, but also expects a correction.

“In the short term we see the price going higher but we do think there will be a correction during the second half of this year.”

Colin Hamilton of BMO Capital Markets noted that breaching the $10,000 per tonne threshold “for the first time in over a decade and

M & A From 1

platform, Ganoza continued, “will mean immediately adding low-cost production from Yaramoko; second, a permitted feasibility stage development project, Seguela, with a 49% IRR and pre-operational capex under US$150 million; third, a robust exploration pipeline; and fourth, a seasoned team of senior executives and site managers with a track record of success discovering, developing and operating mines in the region.”

The transaction, he added, “creates a premier global intermediate precious metals producer with exciting near and medium-term growth … this is not just a combination of quality assets but equally importantly we are bringing together two teams of high performers in their respective jurisdictions and this is one of the things I’m personally most excited about.”

Roxgold’s John Dorward said the business combination would provide the company’s shareholders with an immediate premium and a “unique opportunity” to participate in the creation of a new global midtier precious metals producer, with significant organic growth and cash flow generating potential.

“We feel very confident that this is the logical next step for Roxgold,” Dorward said on the conference call.

“While we have had a great deal of success in Burkina Faso and Côte d’Ivoire over recent years, we feel

only the second time in history” underscores “the strength of demand recovery that we have seen across the global market, built on solid end-user expectations but also augmented by financial market support on the back of economic growth upgrades and stimulus expectations.”

But the mining analyst also warned that “$10,000 per tonne copper now is the biggest danger to future demand use, particularly in these nascent trends where material selection is still evolving.”

“There is no doubt copper may be best for electrical or heat transfer performance, but with the ratio to aluminium now well above the 3.5:1 level where we consider substitution accelerates, the risk is clear.”

In a recent report on copper, Goldman Sachs forecast a copper price of US$15,000 per tonne (US$6.80 per lb.) by 2025.

The investment bank expects the metal will average US$9,675 per tonne this year; US$11,875 per tonne in 2022; US$12,000 per tonne in 2023; and US$14,000 per tonne in 2024. TNM

that the best future for our stakeholders is to combine with a company of the calibre of Fortuna. The future belongs to liquid, well diversified and capitalized companies and the combined company will have a wealth of compelling growth opportunities to pursue. … Fortuna is comprised of genuine operators and mine builders and we look forward to a very bright future.”

Roxgold’s shareholders, Dorward added, “will retain a significant ownership in the combined company, and it’s my belief that the combined company will emerge as the go-to name for investors seeking meaningful growth allied with a strong balance sheet and proven management team.”

The combined cash balance will total about US$200 million.

This year, Fortuna’s San Jose mine in Mexico is expected to produce between 5.8 and 6.5 million oz. silver and between 38,000 and 42,000 ounces of gold. Its Caylloma mine in Peru is forecast to churn out 1.0 to 1.1 million oz. silver, 29 to 32 million lb. lead and 44 to 49 million lb zinc., and its Lindero mine in Argentina between 140,000 and 180,000 oz. gold. Roxgold’s Yaramoko mine is on track to produce an estimated 120,000 to 130,000 oz. gold.

Roxgold expects its Seguela gold project in Côte d’Ivoire to be in production in 2023 and produce an annual average of 133,000 oz. gold during the first six years of its

Millennial Lithium achieves high purity battery-grade lithium ARGENTINA

| Pastos Grandes pilot plant processes first batch of brine

BY VALENTINA RUIZ LEOTAUD

M

illennial Lithium (TSXV: ML) announced that it was able to produce lithium carbonate of battery-grade purity from the first batch of brine processed through the company’s pilot plant at its Pastos Grandes project in Argentina.

Millennial said the plant produced lithium carbonate with a purity of 99.96%, just a bit over the typical battery-grade quality lithium carbonate of > 99.5% purity.

According to the Canadian company, the brine feedstock was derived from production well PGMW17-04 on the Pastos Grandes Salar, which was pumped to ponds that concentrate the lithium carbonate by solar evaporation.

In detail, the pilot plant initially produces a first stage lithium carbonate, whose technical grade is basic battery-grade and which can be further purified by recrystallization using the addition of CO2 in order to make a lithium bicarbonate solution. This solution is filtered to remove final impurities, heated, the CO2 recovered and lithium car-

bonate recrystallized as consistent battery-quality lithium carbonate.

With this first batch, Millennial said it was able to achieve batterygrade quality lithium carbonate at the completion of the basic stage and a premium quality battery-grade at the completion of the purification process.

Even though the field team conducted analytical work first at the project development park laboratory, check analyses were later performed by Kemetco Research, which also conducted physical testing, including particle size determination and a scanning electron microscope study for crystal habit determination.

“The analytical results from this first batch indicate battery-grade lithium carbonate can be produced prior to the CO2 purification stage, and with CO2 purification, we have

the potential to produce a superior premium BG lithium carbonate product which may command a price premium,” Farhad Abasov, Millennial Lithium’s president and CEO, said in a press release. “We have also demonstrated that we have the option to produce a high-quality technical grade and battery-grade product at a lower cost than estimated in the company’s feasibility study using the basic processing.”

Located in the northwestern part of Argentina, Pastos Grandes covers over 12,619 hectares. To date, Millennial has invested over $40 million in exploration and development work on the property, which includes 22 completed exploration/ monitoring wells, four pumping test production wells, pilot ponds, the pilot plant as well as a year-round camp supported by a hybrid solar power system. TNM

Millennial Lithium’s Pastos Grande lithium brine project in Argentina’s Salta province. MILLENNIAL LITHIUM

The pilot plant under construction at Pastos Grandes, with evaporation ponds in the background.

expected nine-year mine life. The company’s Boussoura advanced exploration project in Burkina Faso, meanwhile, is scheduled to have a completed initial resource estimate sometime in the second half of this year.

The terms of the deal include a $40 million termination fee, and the transaction is expected to close by the end of June or early July.

Craig Stanley, a mining analyst who covers Roxgold at Raymond James, wrote in a research note that the company “could be in play” and said there are two significant gold companies that are already in Africa that might be interested: Centamin (TSX: BEE; LSE: CEY) and B2Gold TSX: BTO; NYSE: BTG).

“Centamin is already in Africa with its sole producing mine in Egypt, as well as projects in Côte d’Ivoire and Burkina Faso, both countries where Roxgold is located,” Stanley noted. “As well, Centamin could offer a cash component. Recall in late 2019 Centamin fought off a bid from Endeavour Mining.”

As for B2Gold, the analyst stated, the company already has two producing mines in Africa, Fekola and Otjikoto. “As well, management has stated interest in getting a footprint in Côte d’Ivoire, which of the current hard rock mining countries in West Africa, has the second-largest GDP, lowest corporate tax rate (along with Mali at up to 25%), and a competitive royalty structure.”

“THE FUTURE BELONGS TO LIQUID, WELL DIVERSIFIED AND CAPITALIZED COMPANIES AND THE COMBINED COMPANY WILL HAVE A WEALTH OF COMPELLING GROWTH OPPORTUNITIES TO PURSUE.” JOHN DORWARD PRESIDENT AND CEO, ROXGOLD

Stanley also pointed out that other companies with mines in the country include Barrick Gold (TSX: ABX; NYSE: GOLD); Endeavour Mining (TSX: EDV; US-OTC: EDVMF) and Perseus Mining (TSX: PRU; ASX: PRU). “Côte d’Ivoire also has the largest exposure of Birimian rocks with excellent exploration potential as seen with Roxgold’s continuing success at Seguela, Endeavour at Fetekro and Montage Gold at Morondo. B2Gold could offer a significant cash component though we note management in the past few years has stated it is against paying a premium.”

The gold sector has seen an influx of mergers and acquisitions in the

MILLENNIAL LITHIUM

past six months, fuelled by strong metal prices and pressure to replace reserves that have been mined.

Bank of America analyst Michael Jalonen predicted in a note earlier this year another round of consolidation for the industry in 2021 among small to medium-size gold miners.

Jalonen and his team noted that gold reserves have been falling since 2012, while gold output has remained stable. They added that an effective method to replenish depleted reserves were mergers and acquisitions.

Yamana Gold (TSX: YRI; NYSE, LSE: AUY) expanded its footprint in the precious metals-rich Abitibi region of Quebec by acquiring all shares in smaller rival Monarch Gold late last year.

In January, Agnico Eagle Mines (TSX: AEM; NYSE:AEM) merged with TMAC Resources, adding 3.5 million ounces of reserves in the process. That more than replaces Agnico Eagle’s reserves mined last year.

Most recently, Scottie Resources (TSXV: SCOT) and AUX Resources (TSXV: AUX) announced a potential merger that would consolidate the two companies’ gold-silver holdings in the Stewart mining camp in B.C.’s Golden Triangle.

Junior Stratabound Minerals (TSXV: SB), which is advancing its Golden Culvert project in southeastern Yukon, said in late April that it was acquiring California Gold Mining (CNSX: CGM) and its Fremont gold project in the U.S. TNM

ISTOCK/DELBARS

SPECIAL FOCUS

MINING IN AFRICA SPECIAL FOCUS

Roscan Gold accelerates drill program, land acquisitions and executive appointments MALI

Buckreef project on course to be a significant gold producer | Property lies within Lake Victoria greenstone belt

TANZANIA

| Company continues to advance its Kandiole project

BY CARL A. WILLIAMS

T

Roscan executives on-site in Mali (from left to right) John R. L. Learn, Exploration Manager; Sir Samuel Jonah, Non-Executive Chairman, Director; Andrew J. Ramcharan, Executive Vice President, Corporate Development and Investor Relations; Nana Bompeh Sangmuah, President and Chief Executive Officer; Greg Isenor, Executive Vice-Chairman. ROSCAN GOLD

S

BY TRISH SAYWELL

ince the beginning of the year, Roscan Gold (TSXV: ROS; USOTC: RCGCF) has enlarged its land package around its Kandiole project in western Mali from about 250 sq. km to a little over 400 sq. km; completed over 30,000 metres of drilling; and says it’s on track and fully funded to undertake a total of at least 100,000 metres during the course of the full 12 months.

“It will be a newsy year because we’re drilling through the rainy season,” says Nana Sangmuah, the company’s president and CEO. “We were the first to do that in Mali last year and so we should be doing more drilling culminating in a resource estimate in the fourth quarter, then commencing engineering studies.”

The news flow in the first four months of the year has included Roscan’s appointment two months ago of Srinivasan Venkatakrishnan, the former CEO of AngloGold Ashanti, to its board of directors. Venkatakrishnan also served as the CEO of Vedanta Resources, the world’s sixth largest natural resources group, from 2018 to 2020.

The junior exploration company already had a number of heavyweight players on its team, including nonexecutive chairman Sir Samuel Jonah, the former CEO of Ashanti Goldfields and executive president of AngloGold Ashanti; executive vice-chairman Greg Isenor, the former president and CEO of Merrex Gold until its acquisition by Iamgold in 2017; and technical advisor David Reading, the former CEO of European Goldfields and Aureus Mining, who also worked as general manager of African exploration in the early days of Randgold Resources.

“These kind of accomplished peo-

“WE SHOULD BE DOING MORE DRILLING CULMINATING IN A RESOURCE ESTIMATE IN THE FOURTH QUARTER, THEN COMMENCING ENGINEERING STUDIES.” NANA SANGMUAH , PRESIDENT AND CEO, ROSCAN GOLD

ple have been able to run large operations, bigger development operations, and build smaller mines as well,” says Sangmuah, “so we can keep our destiny in our own hands, with a preproduction re-rating ultimately, which will add value along the way, so we’re in a unique situation. We no longer have to be at the mercy of people who have signed CAs [confidentiality agreements] with us. We can take value creation a further step.”

Roscan’s Kandiole project, about 400 km west of the West African nation’s capital, Bamako, lies about 25 km east of B2Gold’s (TSX: BTO; NYSE-AM: BTG) producing Fekola mine, and is within trucking distance of Iamgold’s (TSX: IMG; NYSE: IAG) Boto and Diakha deposits.

Other major gold deposits within 80 km of Kandiole include Barrick’s (TSX: ABX; NYSE: GOLD) Loulo and Gounkoto; Iamgold and AngloGold’s Sadiola; and privately held BCM’s Tabakoto and Segala.

Last year, Roscan reported three new discoveries: Kandiole North, about 10 km from its flagship Mankouke South target; Mousalla North, about 8 km northeast of Kandiole North; and Walia, about 15 km from Kandiole North.

This year Roscan announced its first acquisition in January, when it acquired Mankouke West, a strategic parcel of land on the western boundary of its Mankouke permit. The additional 16 sq. km was important to nail down, according to the com-

pany, because it captures the western offset of the magnetic structure associated with Mankouke South and the structure extends for 22 km towards the northeast and into the company’s Kabaya target.

“The Mankouke West permit was See MALI / 16

anzanian Gold’s (TSX: TNX; NYSE: TRX) Buckreef gold project, south of Lake Victoria and 110 km southwest of the city of Mwanza in north-central Tanzania, is on track to become the region’s newest gold mine, according to the company’s CEO Stephen Mullowney.

The project involves the redevelopment of the past-producing Buckreef underground gold mine operated by a state-owned mining company during the late 1980s. The mine closed in 1990 due to low gold prices and lack of working capital.

The Buckreef project area hosts over 1.2 km of continuous mineralization, with two key deposits: Buckreef Main, which is open in all directions, and Buckreef West.

The company is also advancing work on four prospects: Buziba, 20 km east of Buckreef Main; Tembo, three kilometres southwest; Bingwa, four kilometres east; and Eastern Porphyry, one kilometre east.

Tanzanian Gold is in the process of de-risking and advancing the project through the ramp-up of an open-pit oxide pilot treatment plant currently running at 4.5 tonnes per hour to a much larger plant of 36 tonnes per hour for an expected annual production of 15,000 to 20,000 oz. of gold.

The company has commenced the tender process with prospective engineering, procurement, and construction service providers for the plant, with production targeted for the first half of next year from an open-pit mining operation.

At the same time, the company has commenced a feasibility study for a sulphide plant. The study envisages a plant capable of processing up to 2.7 million tonnes of mineralised material annually and is expected to produce 150,000175,000 oz. of gold per year. The study is due to be completed over the next 12-18 months.

In 2018, a prefeasibility study for an underground mine for the sulphide component of Buckreef envisioned a 16-year underground operation producing 51,000 oz. gold a year for total life-of-mine production of 822,000 ounces.

Initial capital costs were pegged at US$76.50 million, with US$22.95 million budgeted for sustaining capital over the life of the mine.

The study estimated an after-tax net present value of US$130.96 million, based on a gold price of US$1,300 per oz. and using a 5% discount rate, with an after-tax internal rate of return of 74% and a four-year payback.

Last year the company updated Buckreef’s mineral resource estimate and outlined 35.89 million measured and indicated tonnes grading 1.77 grams gold per tonne for 2.04 million contained oz. of gold and 17.82 million inferred tonnes of 1.11 grams gold for 635,541 oz. of gold. The resource estimate used a cutoff grade of 0.4 gram gold.

Tanzanian Gold acquired a 55% stake in Buckreef from state-owned miner STAMICO in 2011. Under the joint-venture agreement, Tanzanian Gold is the project manager See TANZANIA / 16

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MAY 10—23, 2021 / THE NORTHERN MINER

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NextSource partners with processors in Tesla supply chain to build battery anode plant GRAPHITE

N

BY TRISH SAYWELL

extSource Materials (TSX: NEXT; US-OTC: NSRCF) — which is developing its large flake graphite project in Madagascar and is backed by Sir Mick Davis’ Vision Blue Resources — is teaming up with a prominent Japanese trading company and its Chinese partner, which owns and operates graphite anode processing facilities in China, to build a battery anode plant that it says should be ready for commissioning in the fourth quarter of 2022.

NextSource did not identify its Asia-based partners by name because the two companies “requested not to be identified” for the time being, but described the Japanese company as a “prominent Japanese trading company” and “a major supplier” of spherical and purified graphite (SPG) for anode material used in the lithium-ion batteries that go into electric vehicles (EVs) and hybrid electric vehicles (HEVs). NextSource noted that the Japanese company supplies graphite anode material “to the majority of Japanese automotive original equipment manufacturers (OEMs) and the Tesla supply chain.”

It is also the same Japanese company that in October 2018 signed an

| Molo project in Madagascar expected to begin production early next year “NEXTSOURCE IS WELL POSITIONED TO BE A SIGNIFICANT STRATEGIC SUPPLIER OF HIGH-QUALITY FLAKE GRAPHITE TO MAJOR BATTERY ANODE CUSTOMERS GLOBALLY.”

Drill core showcasing the graphite from the Molo project in Madagascar. NEXTSOURCE MATERIALS

SIR MICK DAVIS CHAIRMAN, NEXTSOURCE MATERIALS

offtake agreement with NextSource for 20,000 tonnes of graphite a year over ten years.

The Chinese partner is described as a “leading processor of SPG” and “is regarded by OEM anode producers to be a best-in class processor and one of the highest quality suppliers of SPG globally.”

NextSource also pointed out that the two companies have been processing battery-grade graphite for more than 15 years and “have had

an alliance” for over 30 years.

“With our Molo project fully financed and commissioning of the Molo mine expected in March

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of the next year, this partnership fulfills our strategy of having upstream integration supporting the battery anode facility at any scale the market may require,” Craig Scherba, the company’s president and CEO, outlined in a press release. “This gives NextSource the enviable “pole position” in the battery race to have a fully commercial and vertically integrated graphite operation.”

The news follows a US$29.5 million investment in NextSource announced in February by Vision Blue Resources, which was set up

by Sir Davis to invest in the battery minerals sector. Sir Davis, who is best known for building Xstrata into one of the world’s largest mining companies before it was acquired by Glencore in 2013, is also chairman of NextSource’s board of directors.

Sir Davis noted in the press release that the three-way partnership “is part of NextSource’s downstream growth plan and partners the company with prominent and established processors and suppliers of graphite anode material to the Tesla supply chain and other global automotive OEMs.” “NextSource is well positioned to be a significant strategic supplier of high-quality flake graphite to major battery anode customers globally, while simultaneously gaining an immediate foothold into the highgrowth markets for EVs, as well as the burgeoning energy storage market that will be reliant on graphite anode material,” he stated.

Under the three-way partnership, NextSource will source the funds for the battery anode facility (BAF) and will wholly own and operate it once constructed. The Chinese partner will be the technical partner “and provide NextSource with a complete, turn-key BAF operation that is a duplicate of the facilities it currently operates in China that is producing SPG for the Tesla supply chain.”

In addition, it will “price, design and source all required graphite processing equipment, design and develop the process flowsheets, and provide all required training and operational know how related to the production of anode material,” and receive a 3% licencing fee based on the total annual sales value of the anode material sold.

The Japanese partner “will utilize its network with OEMs and act as NextSource’s exclusive agent in the

sales, marketing and trading of anode material to OEM anode suppliers and to OEMs directly.” It will also be entitled to a 5% sales commission based on the total annual sales value of the anode material that is sold, NextSource states in its April 12 news release.

In an interview, Brent Nykoliation, NextSource’s executive vice president, said the company is considering three locations for the BAF — South Africa, Europe, and North America — and is undertaking a technical study to compare the operating costs for the plant for each jurisdiction. He expects the study will be completed within the next three or four months.

He also noted that the three-way partnership fast-tracks the use of the company’s graphite by OEMs and car companies. “The partners we have have already tested our graphite, and they use a process that is already approved by the OEMs,” he said. “It’s taken us from the required three-year verification process and shortened it down to about a year.”

“All other graphite companies out there that may be trying to develop anode material will have to go through a process in order to verify their material and if they are using unproven processes then it’s akin to a science project for some companies … The process to spheroidize and coat graphite is quite technical. In our case, we have proven intellectual property processes being supplied to us by reputable and leading companies already established and supplying anode producers today.”

The partnership was also a long time in the making. “We didn’t just start talking to them two months ago, we started talking to them five years ago,” he said.

NextSource discovered Molo in 2010. The deposit contains 100.4 million measured and indicated tonnes grading 6.3% carbon (graphite) for 6.3 million tonnes of graphite and inferred resources of 40.9 million tonnes grading 5.8% carbon for 2.4 million tonnes of graphite. The resource estimate used a cut-off grade of 2%.

The graphite at Molo will be relatively inexpensive to mine because it lies between 1 cm and 5 cm below grass cover — yielding a strip ratio of just 1:0.8.

An updated feasibility study in September 2019 outlined a phased development approach with the first phase producing 17,000 tonnes of graphite a year over the first two years and a second phase beginning in three year of 45,000 tonnes a year.

(Production in the second phase is now expected to be much larger than 45,000 tonnes, and will be closer to 100,000 tonnes, according to Nykoliation.) The study outlined a mine life of 30 years and initial capex for phase 1 of US$21 million and phase 2 of US$39.1 million.

The plant for phase 1 will be modular — consisting of 35 units that will be built and put together offshore, tested, and then dismantled and shipped to Madagascar.

In addition to the Molo project, NextSource owns the Green Giant vanadium project, about 11 km away. Green Giant contains indicated resources of 49.5 million tonnes grading 0.69% vanadium pentoxide for 756.3 million pounds of vanadium pentoxide and another 9.7 million inferred tonnes grading 0.63% vanadium pentoxide for 134.5 million pounds. The resource estimate used a o.5% cut-off grade. TNM

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AFRICA SNAPSHOT

EIGHT COMPANIES SEEKING NEW OPPORTUNITIES

BY MARILYN SCALES

Be it gold, copper or uranium, the African continent has powerful potential for mining.

And there are several industry-friendly governments that are ready to secure their futures with new resource projects. n AFRICAN GOLD GROUP African Gold Group (TSXV: AGG; US-OTC: AGGFF) has set its sights on building Africa’s next mid-tier gold producer. A definitive feasibility study was filed in July 2020 for its 100%-owned Kobada gold project in Mali. Developing the project would require a capital expenditure of US$125 million, plus a US$11 million contingency.

The study forecast the post-tax net present value at a 5% discount rate would be $266 million with an internal rate of return of 41.1% at a gold price of US$1,530 per ounce.

The mine would produce 100,000 oz. gold per year for the first five years and a total of 728,654 oz. over a 9.4-year mine life. Over the life of the mine, all-in sustaining costs would be US$784 per oz. gold.

Kobada’s proven and probable reserves are estimated at 27.1 million tonnes averaging 0.87 grams gold per tonne, containing 754,800 oz. gold.

African Gold is currently updating the definitive feasibility study to add tonnage to reserves and expand resources. The company says considerable work will also be done to optimize mining and scheduling, refine the mineral processing flowsheet and engineering a larger tailings containment facility. Such work will support the mining of sulphide resources and their treatment in a carbon-inleach (CIL) plant.

The company has a market capitalization of $32.4 million. n COBALT BLOCKCHAIN Cobalt Blockchain (TSXV: COBC; US-OTC: COBCF) plans to supply ethically sourced cobalt from the Democratic Republic of the Congo (DRC). The company and its partners have developed a blockchainbased certification method called Mintrax that will be piloted on its own operations.

The company has two joint ventures totaling more than 48-sq-km in the DRC. It has a 70% interest

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Deep-South’s Haib copper-molybdenum project in Namibia.

DEEP-SOUTH RESOURCES

Above: The outcrop at the Haib massive porphyry deposit. DEEP-SOUTH RESOURCES

(private partner 30%) in the operator Alpha Cobalt SAS about 50 km east of Kolwezi and 10 km from the Tenke Fungurume coppercobalt mine, which is owned by China Molybdenum and a private Chinese equity firm. Cobalt Blockchain also holds an 80% interest in Cobalt Blockchain SAS with another private partner. These holdings cover two concessions in an area 50 km from Lubumbashi with active artisanal and small scale copper-cobalt mining.

In preparation for launching its Mintrax technology, perhaps as early as May this year, Cobalt Blockchain has strengthened its management team, created a special advisory committee, and settled its outstanding debt.

Cobalt Blockchain has a significant presence as a metals trading company in the DRC. It holds export licences for cobalt, copper, tin, tungsten and tantalum minerals. n DEEP-SOUTH RESOURCES Deep-South Resources (TSXV: DSM) is advancing its flagship 100%-owned Haib copper-molybdenum project in Namibia.

In January 2021 an updated preliminary economic assessment was done for a bio-heap leaching project. The initial capital cost would be $341 million to create a mine and mill that would treat 55,000 tonnes of ore per day over a 24-year mine life. With copper recovery at 85%, Haib would produce 2.2 billion lb. copper equivalent over its life. A lower mining rate would significantly reduce the capex requirement, the company says.

Deep-South has examined the project at four different copper prices producing widely varying economic scenarios. At a copper price of US$2.25 per lb., the project has an after tax net pres-

ent value (NPV) at a 7.5% discount rate of US$439 million and an after tax internal rate of return (IRR) of 18.9%. At US$3.00 per lb. copper, the after-tax NPV jumps to US$957 million, and the IRR to 29.7%.

The company says it has so far only scratched the surface of the 370-sq-km property, but has already outlined 3.1 billion lb. of copper in indicated resources (in 456.9 million tonnes at 0.31% copper) and 2.2 billion lb. in inferred resources (342.4 million tonnes grading 0.29% copper).

The porphyry deposit contains a 140 million tonne high grade zone with grades of between 0.5% and 1.0% copper in widths of up to 150 metres. The company says the high grade zone is expected to grow as infill drilling proceeds to determine a measured resource.

The zone is open to the east and west with potential for two additional open pits.

Subject to funding, the definitive feasibility study is expected sometime in 2022.

Deep-South Resources has a market cap of about $33.85 million.

n EAST AFRICA METALS Ethiopia and Tanzania are the focus for East Africa Metals (TSXV: EAM; US-OTC: EFRMF) where the company has three advanced projects. In Ethiopia the company’s 70%-owned Harvest and 100%owned Adyabo copper and gold projects have mining licences and in Tanzania East Africa Metals’ 100%-owned Handeni project is a pure gold play.

The most advanced of these projects is Adyabo, where two mines — the Malo Bula pit and underground and the Da Tambuk open pit — are shovel-ready. Construction has been delayed until the Ethiopian government lifts its Covid-19 travel bans. There will be a year of construction at both mines, according to the company, and together they are forecast to be mined at a rate to 300,000 tonnes per year.

The mill can be built in phases.

The first will have a gravity-flotation flowsheet with anticipated recoveries of 70% for gold and 85% for copper. In the third year of operation, a carbon-in-leach (CIL) plant will be built to increase gold

recovery to 90%, the company says.

At the Handeni property, a reprocessing operation for tailings from the artisanal Magambazi gold mine was commissioned earlier this year. The operator, PMM Mining, plans to produce 10,000 oz. gold in the first year of operation and 20,000 oz. in the second.

Thirty percent of the output will be sold to East Africa at the price of production plus 15% with third party smelting, refining, transportation and royalties minus byproduct credits.

At the Harvest property, East Africa completed a preliminary economic assessment for the Terakimti heap leach project in 2018.

The study outlined a post-tax net present value of US$13.2 million at an 8% discount rate and an internal rate of return of 30.1%. The Terakimti oxide resource has 1.1 million indicated tonnes grading 3.20 grams gold per tonne, 23.60 grams silver per tonne, and 0.08% copper. There are also 15,000 inSee MINING IN AFRICA SNAPSHOT / 13

GLOBAL MINING NEWS

SPECIAL FOCUS MINING IN AFRICA

THE NORTHERN MINER / MAY 10—23, 2021

13

Left: RC Drilling at Newcore’s Enchi gold project in Ghana. NEWCORE Below: Rocks showing carbonatite intrusion with abundant fluorite from Namibia Critical Metals’ Lofdal project. NAMIBIA CRITICAL METALS

year plant would operate with that material for 9.5 years. A definitive feasibility study is due by the end of 2021.

The Kalana (80%) gold project has the potential to produce 150,000 oz. per year, according

to the company. The reserve estimate was updated earlier this year to proven and probable reserves of 35.6 million tonnes grading 1.6 grams gold per tonne for 1.8 million oz. gold, enough to support a mine life of 11 years. Endeavour expects to complete a definitive feasibility study on Kalana in the first quarter of 2022.

Endeavour’s pipeline for future production holds a great deal of promise. Endeavour has earlier stage exploration projects in Burkina Faso (Bautou and Nabanga) and Côte d’Ivoire (Afema and, with Barrick Gold, Sissedougou-Mankono). It has additional exploration properties in Mali, Guinea, Niger and another in Burkina Faso.

Endeavour CEO Sebastien de Montessus was named The Northern Miner’s Mining Person of the Year for 2020.

Endeavour Mining has a market cap of about $6.8 billion.

n GLOBAL ATOMIC Global Atomic’s (TSX: GLO; USOTC: GLATF) flagship asset is the Dasa uranium project in Niger.

The environmental impact statement has been submitted and approved and a mining permit was issued in December 2020. The current exploration permits have been extended until the end of 2023.

The Dasa deposit is sandstone hosted with several horizons ranging from Jurassic to Carboniferous in age. There are low levels of deleterious elements such as molybdenum or vanadium. Uranium recovery is expected to be well above 90%, the company says.

According to the preliminary economic assessment prepared a year ago, first phase of production would see the establishment of a

See MINING IN AFRICA SNAPSHOT / 14

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

MINING IN AFRICA SNAPSHOT From 12

ferred tonnes grading 1.94 grams gold, 13.50 grams silver, and 0.04% copper. The primary sulphide resource, recoverable first by open pit and then underground methods, contains 1.8 million tonnes grading 1.06 grams gold, 17.50 grams silver, 2.20% copper and 1.65% zinc. The open pit portion contains 2.6 million inferred tonnes grading 0.96 grams gold, 20.60 grams silver, 1.09% copper and 1.42% zinc; and the underground resource is 939,000 inferred tonnes at 0.84 grams gold, 15.20 grams silver, 0.69% copper, and 2.92% zinc. The property lies in the highly prospective Asmara mineral belt.

East Africa Metals has a market capitalization of about $64.8 million. n ENDEAVOUR MINING Readers who follow Endeavour Mining (TSX: EDV; US-OTC: EDVMF) will know it as West Africa’s No. 1 gold producer with 2020

Above: A drill crew at African Gold Group’s Kobada project in Mali. AFRICAN GOLD GROUP

output of 1.5 million oz. from eight mines: Houndé (90% ownership), Boungou (90%), Mana (90%), Karma (90%), and Wahngion (90%) mines in Burkina Faso; the Sabodala-Massawa (90%) mine in Senegal; and the Ity mine in Côte d’Ivoire (85%). These producing mines are all solid performers that are increasing ore production and have exploration for future growth.

Endeavour is also pursuing a number of greenfield opportunities, the most advanced being the Fetekro (80%) gold project in Côte d’Ivoire. The prefeasibility study has been updated this year for a multi-million-ounce project. The latest update also proposes doubling the mill capacity, a change that would boost production by 76% to 209,000 oz. annually. A solar hybrid power plant is also planned.

Endeavour puts Fetekro’s proven and probable reserves at 31.9 million tonnes grading 2.07 grams gold. A three million-tonne per

Tanzanian Gold Corporation is steadily advancing the Buckreef Project - a Joint Venture with the State Mining Company (Stamico), on these main tracks: Expanding oxide gold production to a target rate of 15,00020,000 oz./yr.

Advancing to Final Feasibility for a sulphide gold mining operation expected to be substantially larger than previously modeled.

Planning and executing comprehensive drilling programs to unlock exciting exploration potential across the project.

Working in partnership with Stamico, for the benefit of all stakeholders - locally and internationally.

14

MAY 10—23, 2021 / THE NORTHERN MINER

SPECIAL FOCUS MINING IN AFRICA

WWW.NORTHERNMINER.COM

MINING IN AFRICA SNAPSHOT Drilling at Global Atomic’s Dasa project in Niger.

Cobalt and copper assets in the DRC.

From 13

GLOBAL ATOMIC

mine with a 12-year life that would produce 44.1 million lb. uranium oxide (U3O8) with an average processed grade of 5,396 parts per million. Based on a uranium price of US$35 per lb., the after tax net present value at an 8% discount rate would be $211 million for an after tax internal rate of return of 26.6%. Estimated cash costs are US$16.72 per lb. U3O8 and all-in sustaining costs of US$18.39 per lb. U3O8.

Global Atomic went to Process Research Ortec to pilot metallurgical tests in Canada last year. Samples representative of what will be processed during the first 20 months of mining were treated. Uranium oxide recovery was 92.8% after leaching during the first campaign, according to the company. The second campaign using samples representative of deeper ore, reached a recovery rate of 97.8%, and the third campaign with reduced use of acid recovered between 95.1% and 94.1% uranium.

Solvent extraction based on sodium carbonate stripping technology combined with a uranyl peroxide precipitation process resulted in near quantitative conversion of uranium from the leach into final yellow cake product, Global Atomic reported. The yellowcake was dried or calcined to produce UO4 or U3O8, respectively.

The definitive feasibility study is expected in the third quarter of 2021.

Global Atomic also holds a 49% stake in Befesa Silvermet in Turkey. The joint venture recovers zinc concentrate by recycling aluminum slag and steel dust. The company’s share of production during 2020 was $1.0 million.

The company has a market capitalization of about $425 million.

COBALT BLOCKCHAIN

n NAMIBIA CRITICAL METALS Namibia Critical Metals (TSXV: NMI; US-OTC: NMREF) first set its sights on Namibia in 2005 when it began exploring the Lofdal rare earth oxides (REOs) project, 450 km northwest of Windhoek. The project is interesting for its dysprosium and terbium mineralization as well as large amounts of yttrium.

In 2018, the company acquired a 95% interest in seven critical metals properties in the mountainous southeastern part of the country.

A strategic partnership was struck with the former owner, Gecko Critical Metals (Pty), and shares issued to Gecko, making it the major shareholder of Namibia.

The Lofdal project is the most advanced of the company’s holdings. A 43-101 resource estimate was completed in 2012. The deposit contains 2.9 million indicated tonnes grading 0.08% light REOs and 0.24% heavy REOs. There are 9,234 contained tonnes of REOs with HREO enrichment of 76.3%.

The inferred material totals 3.9 million tonnes at 0.07% light REOs and 0.20% heavy REOs. This portion contains 8,973 tonnes of REOs with HREO enrichment of 74.7%.

A preliminary economic assessment was completed in 2014 for a mine and processing plant that would have an annual production of 1,500 tonnes of separate REOs. While soft rare earth prices have meant the project is not moving forward quickly, Namibia says there is potential to expand the current resources with more drilling.

The company’s Epembe tantalum-niobium property in the northern part of the country covers a well-defined, very large multi-phase carbonatite dyke that has been mapped and surface sam-

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GLOBAL MINING NEWS

SPECIAL FOCUS MINING IN AFRICA

THE NORTHERN MINER / MAY 10—23, 2021

15

Left: Geologists study drill core at Endeavour’s Hounde mine in Burkina Faso. ENDEAVOUR MINING Top: East Africa Metals’ Adyabo gold-copper project in northern Ethiopia. EAST AFRICA METALS Bottom: Examining drill core. EAST AFRICA METALS

MINING IN AFRICA SNAPSHOT From 12

pled along 10 km, 7 km of which is mineralized. The carbonatite contains variable amounts of pyrochlore, which is enriched with tantalum. There is also phosphate present. Only 15% of the dyke has been drilled with concentrations of 150 parts per million tantalum pentoxide, 1,300 ppm niobium pentoxide and 2.4% phosphate.

Namibia intends to advance the project to the preliminary economic assessment stage.

Its Kunene cobalt-copper project is a new discovery in the northern part of Namibia. It covers an area of favourable stratigraphy along strike west of the Opuwo deposit belonging to Celcius Resources. The company plans to test several extensions of the dolomitic ore formation for sediment hosted cobalt and copper, orogenic copper and stratabound zinc-lead mineralization. Most of the occurrences, the company says, are likely related to what has been termed the Streilrand hydrothermal system. There are a number of historic coppercobalt targets that have not previously been tested for cobalt to follow up.

In addition, the company has three other early stage projects in the country — the Grootfontein nickel-copper-lead-zinc-vanadium-gold property, the Otjiwarongo rare earths and gold property, and the Erongo gold project. Airborne surveys have been flown over Grootfontein and Otjiwarongo, but Erongo has not been systematically explored.

Namibia Critical Metals has a market capitalization of about $57.4 million. n NEWCORE GOLD Newcore Gold (TSXV: NCAU; USOTC: NCAUF) is focusing its nearterm energies on its 100%-owned

Enchi gold project in Ghana, Africa’s number one gold producer.

The deposits lie along one of West Africa’s most prolific and developed gold trends, the Bibiani gold belt. The Enchi project covers 216 sq. km along 40 km of the prolific Bibiani Shear zone, the setting of some of Ghana’s most successful mines. Enchi lies in the Sefwi-Bibiani belt and Kinross Gold’s Chirano mine is about 50 km to the north.

The Enchi property covers several gold occurrences, including the known zones of Boin, Sewum and Nyam. Gold grades near the surface tend to be low, and drilling has only averaged 50 metres to date. No holes have been drilled to more than 200 metres. All the gold zones are open at depth.

In August 2020, an 8,000-metre reverse circulation (RC) drill program was started. In October, the company completed a 43-101 compliant report that included drilling done in 2017-18, and outlined 1.2 million oz. of gold in the inferred category in 52.9 million tonnes grading 0.72 gram gold per tonne. The resource estimate used a cut-off grade of 0.30 gram gold per tonne and did not include results from the company’s 2020 drill program.

By November last year, the company expanded its exploration drilling by 50,000 metres, including both RC and the first deep diamond drilling.

The company has chosen several high priority gold targets that could expand the near surface oxide resources. As part of the expanded program, drilling this year will test extensions of defined deposits and complete first pass drilling of anomalous zones on a 1-kmscale.

On April 28, Newcore increased its 2020-21 drill program to 66,000 metres, including an additional 8,000 metres of RC drilling. It also reported some recent assays from

its Kojina Hill gold target, with highlights of 59 metres of 0.79 grams gold per tonne from 61 metres downhole, including 10 metres of 3.03 grams gold over 10 metres from 80 metres.

Other work planned for this year includes metallurgical testing, geotechnical assessments, and a detailed topographic survey. Existing anomalies and targets will also be trenched and sampled geo-

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chemically. It is also updating its preliminary economic assessment and expects to complete it in the second quarter of this year.

The company has a market cap of about $58 million. TNM

TSXV:OSI | FSE:R2R1

16

SPECIAL FOCUS MINING IN AFRICA

MAY 10—23, 2021 / THE NORTHERN MINER

TANZANIA From 9

and STAMICO holds the remaining 45%.

The project lies within the Lake Victoria greenstone belt, Africa’s third-largest gold-producing region, which also hosts AngloGold Ashanti’s (NYSE: AU) Geita mine, about 13 km north of Buckreef, and Barrick’s (TSX: ABX; NYSE: GOLD) Tulawaka mine, 30 km to the west, and the Bulyanhulu mine, 36 km to the east.

“We often find that projects located in greenstone belts can have quite straightforward metallurgy, which should allow us to advance Buckreef to production quickly,” Mullowney said in an interview.

In February, initial metallurgical testing of diamond core samples grading between 0.54 gram and 19.4 grams gold for the sulphide component of the project showed gold recoveries of between 85.3% and 95.4%. The company has already begun the process of pit modelling, one of the critical components of the feasibility study for the sulphide plant.

Buckreef’s proximity to worldclass mining operations, noted Mullowney, means it benefits from good regional infrastructure and a local workforce with considerable mining experience.

The project can be accessed allyear-round via a fully paved road from Mwanza to within 15 km of the project and then by unpaved tracks suitable for two-wheel-drive vehicles in the dry season and four-wheeldrive vehicles in the wet season.

It also benefits from being connected to the national power grid and existing infrastructure, which includes a defunct vertical shaft, open-pit and waste rock dump, a borehole for domestic water sources, heap leach pads, as well as office and accommodation buildings.

“Buckreef is under a special min-

MALI From 9

actually very critical because we recognized that as we chased the Mankouke South discovery to the north, there was a sinestral offset that got off into the western part of the permit and it looked like it

“BUCKREEF IS UNDER A SPECIAL MINING LICENCE PERMITTED FOR OXIDE AND SULPHIDE OPERATIONS, WHICH ALLOWS IT TO ADVANCE FROM SMALL PRODUCTION TO LARGE PRODUCTION WITHOUT THE NEED FOR REPERMITTING.”

WWW.NORTHERNMINER.COM

Looking south over the Buckreef Main zone starter pitt. TANZANIAN GOLD

STEPHEN MULLOWNEY CEO, TANZANIAN GOLD

ing licence permitted for oxide and sulphide operations, which allows it to advance from small production to large production without the need for re-permitting,” explained Mullowney, who joined Tanzanian Gold in December. Immediately prior to joining the company, he was a partner and managing director at PricewaterhouseCoopers (PwC) from 2007-2020, where he led PwC Canada’s Deals Mining Group, advising mining companies on mergers and acquisitions, capital raising, and strategic evaluation.

Since joining Tanzanian Gold, Mullowney has re-capitalised the company and shored up its balance sheet with two capital raises. The company now has about US$20 million in the treasury, which is “enough to fund our short to medium term business needs.”

He also set about changing the company culture, bringing on a new management team. In February, Andrew Cheatle, a renowned

geoscientist and industry thought leader on environmental, social, and governance (ESG) matters, was appointed chief operating officer, and in March, Michael Leonard, who spent 17 years at Barrick and has extensive investor relations, financial planning, and business development experience, as chief financial officer.

“Bringing Andrew and Michael on board was a major accomplishment as they both bring significant experience and new thinking and insights to the company,” Mullowney says.

“We’re moving to a more entrepreneurial-type organisation, where the management team acts more like owners and can generate ideas to move the project forward.”

In particular, the appointment of Cheatle reflects the company’s increasing focus on ESG issues and recent changes to Tanzanian mining legislation, which places an increased emphasis on meeting the needs of local communities.

“Beyond the mineral potential of Buckreef, what also attracted me to this project is that the timing is right is to implement our ESG and CSR [Corporate Social Responsibility] programs by considering the impact of the project on the United Nations sustainability goals,” Cheatle said in the same interview.

Since acquiring its 55% stake in the project, Tanzanian Gold has completed preliminary due diligence of previous exploration work, including approximately 30,000 soil samples, 202,000 metres of RC drilling, 124,000 metres of air-core drilling, and 28,000 metres of diamond core drilling conducted by Iamgold (TSX: IMG; NYSE: IAG) between 2006-2010. It has also started its own exploration work.

Earlier this year, a four-hole (374metre) drill program completed at Buckreef West identified over 400 metres of shallow mineralisation, which remains open along strike to the north and south and at depth.

Highlights included drillhole BWDD0018, which intersected 7 metres grading 2.03 grams gold per tonne from 44 metres, and hole BWDD031, which returned 2.5 metres of 7.29 grams gold from 46.1 metres, including 0.5 metres of 4.46 grams gold.

Tanzanian Gold plans to conduct a 1,000-metre drill program to provide samples for metallurgical variability testing and to upgrade mineral resources currently in the inferred category, with drilling slated to start by the end of next month.

The company also plans stepout drilling on the northeast and south extensions of the Buckreef Main deposit.

“There is a great opportunity to accelerate this project extremely quickly and to generate value as we transition from exploration to production,” said Mullowney. “There is also significant exploration upside at the project too. So, it’s very exciting times for us.” TNM

was trending into that ground and the geophysics we completed put it out very clearly that it’s a magnetic signature on that piece of ground,” Sangmuah explains. “We had been agitating for that ground because it was a critical piece of what we’re building on Mankouke South and

we got permits to start drilling and we’ve started drilling on that structure so we think we should be able to continue the Mankouke South discovery further to the north along the trend, and that trend actually goes into our second most advanced target, about 22 km north, and so

we’ve consolidated quite a bit of that structure.”

That acquisition was followed in February with news that the company had picked up a new permit called Segondo West. The permit brings an additional 42 sq. km to the Kandiole project and the new ground sits immediately to the northwest of Roscan’s Walia and Moussala discoveries.

In early April, Roscan acquired an additional 55 sq. km called Bantanko East to the immediate west of Segondo West. “Bantanko East has a second order splay structure off the main SMSZ first order structure that presents another exposure to another first order structure in addition to the SMKS, where the company has made six discoveries in 14 months,” he says, noting that SMSZ stands for the Senegal Mali Shear Zone and SMKS the Siribaya Mankouke Kabaya Seko corridor.

“Bantanko East brings the total number to three new acquisitions this year that have boosted our land package to a little over 400 sq. km in that region,” says Sangmuah, a mining engineer, who before joining Roscan was the managing director of equity research for metals and mining at Clarus Securities.

The company has also released a stream of drill results over the last four months. In January, Roscan reported results of diamond and RC drilling at its Kabaya target, with highlights of 10.6 grams gold per tonne over 3 metres starting from 84.6 metres in drillhole 20-003, including 24.6 grams gold over 1 metre from 84.6 metres; 3.09 grams gold over 9.3 metres from surface in drillhole 20-015; and 2.96 grams gold over 30 metres from surface in drillhole 20-008, including 11.7 grams gold over 2 metres from 26 metres downhole.

In March, Roscan discovered a new high-grade zone 150 metres west of

its flagship Mankouke South target.

Drill hole 21-89 returned 24 metres of 4.78 grams gold per tonne starting from 7.5 metres below surface, including 32.9 grams gold over 2 metres.

The company said the new discovery zone appears to outline another parallel system to Mankouke South and highlights the potential to expand the resource footprint to the west. It also noted that the new discovery area “lies directly on trend to the strong geomagnetic signature of Mankouke West, our KN1 discovery area and Kabaya, further to the northeast,” and said the discovery “reinforces the importance of our recent acquisition of the Mankouke West land package, which will be the core focus of our 2021 target prioritization work.”

For Sangmuah and his team, their progress all boils down to hard work and a little luck.

“It’s all about keeping our heads down and working, working, working,” he says. “The bottom line is we have leveraged upon the local talent, that facilitates the campaign quite easily and seamlessly, and established good relationships with government and permitting authorities, so getting stuff done is relatively seamless, and we’ve actually built in enough brain trust—guys that have gotten tonnes of experience in that part of the world [and] geologists — to join forces with our team to give direction to us because they learned what to do and what not to do in previous projects. And that gives us a competitive advantage and has shown in the record of discoveries, which has been about six over the past 14 months.”

“But we can’t take all the glory,” he adds. “We have been lucky to be blessed with good ground, which has yielded Tier One discoveries, and we’re trying to get as much ground exposure in that part of the world as we can.” TNM

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M A R K E T N EWS TORONTO STOCK EXCHANGE / APRIL 26 – APRIL 30 The S&P/TSX Composite Index rose 0.03% to 19,108.33 during the April 26-30 trading week.

The S&P/TSX Global Mining Index slipped 3.78% to 106.88, and the S&P/TSX Global Base Metals Index dropped 0.55% to 169.02. Spot gold declined by US$7.80 per oz., or 0.44%, to US$1,769.10 per oz., and the S&P/TSX Global Gold Index fell 5.91% to 294.61.

Teck Resources jumped $1.05 to $34.00 per share. The company reported first-quarter adjusted profit attributable to shareholders of $326 million or 61¢ per share, a 247% increase from the same quarter last year. Adjusted EBITDA came in at $967 million, a 59% year-on-year increase. Canada’s largest diversified miner has benefited from rising copper prices, which have more than doubled from their Covid-lows, jumping to US$4.49 per lb. in New York on April 27, their highest price since 2011. Teck attributed the jump in profit not only to higher copper prices but also to higher prices for zinc and blended bitumen. “Strong first-quarter operational performance, in line with plan, and higher commodity prices, contributed to a very solid start to 2021,” Don Lindsay, Teck’s CEO stated in a press release. The company’s 2021 production guidance remains unchanged at 275,000-290,000 tonnes of copper and 585,000610,000 tonnes of zinc.

Shares of Ero Copper climbed 85¢ to $24.27.

The company has identified a new zone of mineralisation at its Vermelhos project, an underground mine under development in Brazil and part of the company’s MCSA mining complex, which includes the Pilar underground mine and the Surubim open-pit mine, in the northeastern state of Bahia. The new discovery, named the Novo zone, lies about 200 metres below the existing infrastructure of the Vermelhos mine. In addition to the Novo zone, Ero Copper has identified two new mineralised systems, C4, about 13 km southwest of the Subrahim mine, and Terra do Sal, 8 km southeast of Subrahim, both of which it believes “have excellent potential to host high-grade massive sulphide mineralization as well as disseminated near-surface mineralization.” Farooq Hamed TSX MOST ACTIVE ISSUES VOLUME (000s) HIGH

Roxgold Suncor Energy Nevada Copper Barrick Gold Fortuna Silvr Kinross Gold Lundin Mng B2Gold Corp Capstone Mng Copper Mtn Mng

WEEK LOW CLOSE CHANGE

ROXG 48545 2.32 1.98 2.04 + 0.12 SU 21188 27.45 25.21 26.29 + 0.92 NCU 20295 0.23 0.20 0.23 + 0.03 ABX 18312 27.70 25.94 26.19 - 1.52 FVI 16982 9.02 7.24 7.40 - 2.24 K 15201 9.18 8.63 8.65 - 0.51 LUN 14695 15.94 14.46 14.85unch 0.00 BTO 14329 6.33 5.90 5.92 - 0.41 CS 14273 5.84 5.09 5.49 + 0.46 CMMC 14070 4.56 4.05 4.10 + 0.22

of Raymond James raised his target price following the news to $28 per share from $27 per share and has an outperform rating on the company’s stock.

First Quantum Minerals’ shares increased by 76¢ to $28.33. The company reported record first quarter copper production from its Cobre Panama mine in Panama of 84,042 tonnes, a 46% year-on-year increase. Total copper production in the first quarter reached 205,064

tonnes, an increase of 5% year-on-year. The company reported gold production of 78,000 oz., up 13% year-on-year, and nickel production of 4,642 tonnes from its Ravensthorpe nickel mine in Australia, which resumed operations in March 2020 after being placed on care and maintenance in October 2017. The company’s 2021 production guidance is for 785,000-850,000 tonnes of copper, 280,000-300,000 oz. gold, and 23,000-27,000 tonnes nickel. TNM TSX GREATEST VALUE CHANGE

TSX GREATEST PERCENTAGE CHANGE VOLUME (000s) HIGH

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456 1187 3063 10272 12561 760 7581 822 20295 4096 16982 29 1411 1045 3509 67 348 1420 3382 377

0.08 0.17 0.65 0.24 0.45 0.92 0.69 0.58 0.23 0.59 9.02 0.18 0.10 2.86 13.88 1.36 14.99 16.66 28.50 0.90

VOLUME (000s)

WEEK LOW CLOSE CHANGE

0.05 0.12 0.50 0.18 0.38 0.75 0.55 0.46 0.20 0.50 7.24 0.16 0.08 2.45 12.07 1.23 13.25 14.88 25.57 0.78

0.08 0.17 0.64 0.24 0.45 0.91 0.69 0.55 0.23 0.56 7.40 0.16 0.09 2.46 12.14 1.23 13.40 14.88 25.59 0.80

+ + + + + + + + + + -

36.4 30.8 30.6 29.7 23.6 23.0 21.1 20.9 15.4 14.3 23.2 18.4 15.0 12.1 11.8 11.5 10.4 10.3 10.2 10.1

Labrador IOR Gatos Silver Teck Res Suncor Energy Solaris Res Ero Copper First Quantum Nutrien Largo Res Capstone Mng Franco-Nevada Agnico Eagle Newmont Corp Pan Am Silver Endeavour Mng Kirkland Lake Wheaton Prec Fortuna Silvr Torex Gold Eldorado Gold

LIF GATO TECK.A SU SLS ERO FM NTR LGO CS FNV AEM NGT PAAS EDV KL WPM FVI TXG ELD

1545 135 16 21188 638 888 11315 7377 658 14273 1569 3195 696 1726 3382 6544 4045 16982 1420 3509

WEEK CLOSE

42.02 14.14 34.00 26.29 9.95 24.27 28.33 67.85 21.50 5.49 171.23 76.82 76.68 39.08 25.59 45.67 50.99 7.40 14.88 12.14

CHANGE

+ + + + + + + + + + -

1.69 1.12 1.05 0.92 0.92 0.85 0.76 0.72 0.66 0.46 6.81 5.65 5.33 3.07 2.91 2.37 2.35 2.24 1.70 1.63

TSX VENTURE EXCHANGE / APRIL 26 – APRIL 30 The S&P/TSX Venture Composite Index rose 2.56% to finish the trading week at 955.26. Spot gold declined by US$7.80 per oz., or 0.44%, to US$1,769.10 per ounce.

Los Andes Copper jumped $1.72 to $10.00 per share. The company announced that it had received approval from Chile’s Regional Environmental Committee for drilling to start at its Vizcachitas copper-molybdenum project, about 120 km north of Santiago. According to the Canadian miner, the approval covers up to 350 drill holes to be completed over the next four years. The drilling is required to complete a prefeasibility study at Vizcachitas, which is currently underway. The permit also covers further exploration drilling and any other drilling that the project may require as its development advances. The company is moving forward with plans to build a 110,000-tonneper-day operation, which it believes will be Chile’s next major copper mine.

Shares of Aurania Resources climbed 43¢ to $3.04. The company reported a new discovery in an area called Shimpia North, which it says is an extension of the high-grade silver-zinclead mineralisation at Tiria-Shimpia, part of the company’s Lost Cities-Cutucu project in southeastern Ecuador. The new discovery

extends the Tiria-Shimpia target from 15 km to a total length of 22 km. According to Aurania, the outcropping mineralization in the first reconnaissance exploration in this new area returned a grade of 40 grams silver per tonne in an extensively weathered gossan (iron-rich residue that remains after intense weathering of sulphide-rich rock), and a boulder of barite in a stream returned 19 grams silver, 6.5% lead, and 1.1% zinc.

“Shimpia North appears to have the same character, style and mineralization type as Tiria-Shimpia, though it is displaced to the northwest. I consider it to be part of the same system,” Keith Barron, the company’s CEO, stated in a press release.

TSX-V MOST ACTIVE ISSUES VOLUME (000s) HIGH

Margaret Lake Arctic Star Leeta Gold Emerita Res Pangolin Dia SRHI Inc Alphamin Res Fabled Silver Goldsource Min Labrador Gold

DIA ADD HIVE EMO PAN SRHI AFM FCO GXS LAB

16827 16476 14838 8213 7533 7236 6965 6911 6788 6614

0.13 0.28 4.73 0.42 0.05 1.02 0.63 0.18 0.13 0.84

WEEK LOW CLOSE CHANGE

0.00 0.10 3.63 0.24 0.02 0.70 0.57 0.13 0.11 0.59

0.11 0.22 4.73 0.35 0.03 0.82 0.63 0.15 0.13 0.72

+ + + + + + + + +

0.08 0.13 1.18 0.10 0.01 0.12 0.06 0.03 0.02 0.13

Arctic Star Exploration increased by 13¢ to 22¢ per share. The company announced that it had made a new kimberlite discovery on the Diagras project in the Northwest Territories, about 380 km north of Yellowknife.

The discovery, named Sequoia, was found by drilling an electromagnetic (EM) and gravity anomaly that together extend 1 km northsouth by 200 metres wide. Diagras, a joint

venture between Arctic Star and Margaret Lake Resources, already hosts 23 kimberlites previously unearthed by De Beers in the 1990s.

Arctic Star is conducting a $2.1 million drill program testing 10 to 15 targets on the 256-sq.km property. “The priority is to make as many discoveries as we can before the ice melts,” Buddy Doyle, Arctic Star’s vice-president of exploration, stated in a press release. TNM TSX-V GREATEST VALUE CHANGE

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

Margaret Lake Arctic Star Marvel Discov Le Mare Gold Neworigin Gold Superior Mng Laurion Mnl Ex Kaizen Discov Pangolin Dia Mineral Hill Glacier Lake Altan Nevada Mas Gold Kingman Min Jaeger Res GobiMin HFX Holding Intl Millm Mng Altan Rio Min IEMR Res

DIA ADD MARV LMGC NEWO SUI LME KZD PAN MHI GLI ANE MAS KGS JAEG GMN HXC IMI AMO IRI

16827 16476 2307 1891 21 834 5847 868 7533 160 320 27 2272 1284 90 7 87 93 110 41

0.13 0.28 0.15 0.19 0.29 0.74 0.75 0.07 0.05 0.28 0.13 0.04 0.16 0.15 0.06 0.27 0.10 0.02 0.18 0.04

VOLUME (000s)

WEEK LOW CLOSE CHANGE

0.00 0.10 0.08 0.11 0.17 0.43 0.42 0.05 0.02 0.16 0.10 0.03 0.11 0.11 0.04 0.00 0.07 0.02 0.14 0.03

0.11 0.22 0.15 0.18 0.29 0.73 0.63 0.06 0.03 0.23 0.12 0.03 0.12 0.12 0.04 0.22 0.07 0.02 0.14 0.03

+ 250.0 + 144.4 + 100.0 + 71.4 + 70.6 + 58.7 + 51.8 + 50.0 + 50.0 + 48.4 - 54.3 - 28.6 - 28.1 - 28.1 - 27.3 - 26.7 - 26.3 - 25.0 - 25.0 - 25.0

Los Andes Leeta Gold New Found Gold Starr Peak Uranium Roylty Eloro Res Nouveau Monde Gold Mountain IsoEnergy Ltd Aurania Res E3 Metals Fosterville Callinex Mines Cornerstone Ca Andean Prec Artemis Gold Gold X Mining Green Valley M Glacier Lake American Lith

LA HIVE NFG STE URC ELO NOU GMTN ISO ARU ETMC FSX CNX CGP APM ARTG GLDX SCT GLI LI

WEEK CLOSE

74 10.00 14838 4.73 1797 6.73 1418 2.86 976 4.27 687 4.30 215 14.25 1281 2.63 421 2.82 399 3.04 725 2.34 400 1.36 106 3.12 81 3.95 191 1.18 286 5.81 527 3.51 44 0.80 320 0.12 783 2.11

CHANGE

+ + + + + + + + + + -

1.72 1.18 0.66 0.57 0.56 0.55 0.54 0.52 0.44 0.43 0.29 0.28 0.25 0.22 0.21 0.20 0.19 0.15 0.14 0.14

U.S. MARKETS / APRIL 26 – APRIL 30 The Dow Jones Industrial Average slipped 0.50% to finish the week at 33,874.85 and the S&P 500 rose 0.02% to 4,181.17. Spot gold declined by US$7.80 per oz., or 0.44%, to US$1,769.10 per ounce.

Vale rose US$46¢ to US$20.12 per share.

The company is evaluating a potential spinoff of its base metal division as part of its growing interest in the electric vehicle (EV) sector. The world’s top nickel producer, which is said to be in talks with Tesla and others in the EV supply chain about securing nickel from its Canadian operations, is in the process of expanding its Voisey’s Bay site in Newfoundland and Labrador. Vale’s plans include adding an underground mine to the Voisey’s Bay complex, which would produce about 40,000 tonnes of nickel-in-concentrate per year. On April 27, the company’s CEO Eduardo Bartolomeo told Reuters that Vale was in a position to be a significant supplier of premium metals to EV makers. The mining giant’s base metals business includes its operations in Canada, Brazil, U.K., South Korea, Japan, China, Taiwan, Indonesia, and Zambia.

Shares of Eldorado Gold dropped by US$1.17

to US$9.87. The company announced that Greece has approved a modification to its Kassandra Mines Environmental Impact Assessment to allow for the use of dry stack tailings disposal at its Skouries gold-copper project on the country’s Halkidiki peninsula. Using dry stack tailings, Eldorado says, will reduce the environmental footprint of the mine by 50%.

Skouries is a high-grade gold-copper porphyry project that is partially constructed and currently on care and maintenance. When completed, the mine is expected to operate for about 23 years based on current reserves, initially as an open pit and underground mine, followed by underground mining only.

U.S. MOST ACTIVE ISSUES VOLUME (000s)

HIGH

WEEK LOW CLOSE CHANGE

Vale* VALE 154475 Cleveland-Clif* CLF 107662 Freeport McMoR* FCX 97718 United States S* X 95894 Barrick Gold* GOLD 76136 Fortuna Silvr* FSM 52077 Chevron Corp* CVX 44234 Kinross Gold* KGC 43157 Yamana Gold* AUY 37983 Hecla Mining* HL 37983

21.12 19.39 39.98 24.96 22.30 7.25 107.65 7.38 4.85 6.56

19.83 20.12 + 0.46 17.00 17.86 - 0.12 36.96 37.71 + 1.17 21.44 23.01 - 0.70 21.11 21.25 - 0.96 5.89 6.03 - 1.68 101.26 103.07 + 1.52 7.02 7.04 - 0.31 4.56 4.59 - 0.18 5.84 5.91 - 0.46

Newmont fell US$3.31 to US$62.41 per share.

The company released first quarter results, reporting production of 1.5 million attributable ounces of gold and 317,000 attributable goldequivalent ounces. Gold all-in sustaining costs remained flat from the first quarter of 2020 at US$1,039 per ounce. Revenue increased 11%

year-on-year to US$2.9 billion, and net income from continuing operations attributable to Newmont shareholders came in at US$538 million or US67¢ per diluted share, a year-onyear drop of US$299 million. Newmont said it is on track to achieve full-year guidance of 6.5 million oz. of gold and 1.3 million goldequivalent oz. in 2021. TNM U.S. GREATEST VALUE CHANGE

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

Gatos Silver* Intrepid Pots* Alcoa* Suncor Energy* McEwen Mng* Mosaic* Freeport McMoR* NACCO Ind* Nexa Resources* Nutrien* Fortuna Silvr* Coeur Mng* Peabody Enrgy* Eldorado Gold* Endeavr Silver* Hecla Mining* Alamos Gold* First Majestic* DRDGOLD* IAMGOLD*

GATO IPI AA SU MUX MOS FCX NC NEXA NTR FSM CDE BTU EGO EXK HL AGI AG DRD IAG

2536 476 27864 27470 20208 30682 97718 152 338 8866 52077 26086 28909 7291 10760 37983 11866 17844 896 14882

12.14 34.49 38.07 22.34 1.27 36.79 39.98 24.24 10.77 57.50 7.25 9.92 4.69 11.18 5.82 6.56 8.63 16.35 10.71 3.35

VOLUME (000s)

WEEK LOW CLOSE CHANGE

10.47 30.13 35.00 20.26 1.12 34.00 36.96 22.43 9.73 54.22 5.89 8.03 3.44 9.83 5.25 5.84 7.98 14.98 9.90 3.12

11.48 32.16 36.64 21.42 1.20 35.18 37.71 23.13 10.34 55.19 6.03 8.08 3.70 9.87 5.28 5.91 8.00 15.09 9.91 3.13

+ + + + + + + + + + -

10.5 6.7 5.6 5.2 4.3 3.6 3.2 2.9 2.8 2.5 21.8 16.1 11.3 10.6 8.2 7.2 7.0 7.0 6.4 6.3

MartinMarietta* MLM Intrepid Pots* IPI Alcoa* AA Chevron Corp* CVX Nutrien* NTR Mosaic* MOS Freeport McMoR* FCX Gatos Silver* GATO Suncor Energy* SU NACCO Ind* NC Agnico Eagle* AEM Franco-Nevada* FNV Newmont Corp* NEM Arch Resources* ARCH Southern Copp* SCCO Fortuna Silvr* FSM Coeur Mng* CDE Wheaton Prec* WPM Kirkland Lake* KL Rio Tinto* RIO

1301 476 27864 44234 8866 30682 97718 2536 27470 152 5254 1704 27520 1748 5439 52077 26086 10021 10642 10641

WEEK CLOSE

353.12 32.16 36.64 103.07 55.19 35.18 37.71 11.48 21.42 23.13 62.44 139.24 62.41 44.41 69.41 6.03 8.08 41.32 37.06 85.06

CHANGE

+ + + + + + + + + + -

2.30 2.03 1.93 1.52 1.34 1.23 1.17 1.09 1.05 0.66 3.67 3.42 3.31 2.52 2.23 1.68 1.55 1.45 1.45 1.38

GLOBAL MINING NEWS

THE NORTHERN MINER / MAY 10—23, 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 Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, April 28 2021 (change from April 21, 2021 in brackets): Aluminium Alloy 2000 (+20) Aluminium 1782600 (-26650) Copper 148975 (-10475) Lead 111325 (-3150) Nickel 262458 (-2148) Tin 1300 (-300) Zinc 291950 (-1625)

Coal: Central Appalachia, 12,500 Btu, 1.2 S02-R,W: US$59.70 Coal: Powder River Basin, 8,800 Btu, 0.8 S02-R, W: US$12.10 Cobalt: US$21.38/lb.

Copper: US$4.53/lb.

Copper: CME Group Futures June 2021: US$4.51/lb.; July 2021: US$4.50/lb Iridium: NY Dealer Mid-mkt US$6,300.00/tr oz.

Iron Ore 62% Fe CFR China-S: US$186.50 Lead: US$0.95/lb.

Phosphate Rock: US$86.00/tonne Potash: US$226.00/tonne Rhodium: Mid-mkt US$29,500.00 tr. oz.

Ruthenium: Mid-mkt US$440.00/tr. oz.

Silver: Handy & Harman Base: US$25.93 per oz.; Handy & Harman Fabricated: US$32.41 per oz.

Tin: US$14.40/lb.

Uranium: U3O8, Trade Tech spot price: US$28.40 per lb. U308 Zinc: US$1.33 per lb.

Prices current May 3, 2021

TSX SHORT POSITIONS

TSX VENTURE SHORT POSITIONS

Short positions outstanding as of Apr 15, 2021 (with changes from Mar 31, 2021) Largest short positions Suncor Energy SU 20672993 4182477 3/31/2021 New Gold NGD 14463063 496061 3/31/2021 Ivanhoe Mines IVN 14094544 19274 3/31/2021 Nexgen Energy NXE 13314464 -573156 3/31/2021 Barrick Gold ABX 11954995 1016446 3/31/2021 Equinox Gold EQX 9996758 161513 3/31/2021 Argonaut Gold AR 9952231 65642 3/31/2021 Kinross Gold K 9817164 -1163185 3/31/2021 Wheaton Prec WPM 8356584 1107390 3/31/2021 Fortuna Silvr FVI 8045814 -49713 3/31/2021 Lundin Mng LUN 8012244 1839790 3/31/2021 Nthn Dynasty NDM 7125789 351028 3/31/2021 Wallbridge Mng WM 6814635 -361101 3/31/2021 First Quantum FM 6804035 950464 3/31/2021 Endeavr Silver EDR 6328646 -194347 3/31/2021 Largest increase in short position Suncor Energy SU 20672993 4182477 3/31/2021 Josemaria Res JOSE 2704760 2119539 3/31/2021 Nevada Copper NCU 5478949 2012606 3/31/2021 Lundin Mng LUN 8012244 1839790 3/31/2021 B2Gold Corp BTO 5389856 1423574 3/31/2021 Largest decrease in short position UEX Corp UEX 2157393 -1574886 3/31/2021 HudBay Min HBM 1541390 -1532859 3/31/2021 Kinross Gold K 9817164 -1163185 3/31/2021 Talon Metals TLO 289564 -983918 3/31/2021 Gold Std Vents GSV 1184395 -805270 3/31/2021

Short positions outstanding as of Apr 15, 2021 (with changes from Mar 31, 2021) Largest short positions Pure Gold Mg PGM 4070827 3629848 3/31/2021 Saint Jean SJL 3147000 3048996 3/31/2021 American Lith LI 2129831 -77371 3/31/2021 Uragold Bay Rs HPQ 1723620 363509 3/31/2021 Green Battery GEM 1719386 1593081 3/31/2021 Aurcana Silver AUN 1582321 136748 3/31/2021 Vision Lithium VLI 1391055 961863 3/31/2021 Focus Graphite FMS 1325548 1224684 3/31/2021 E3 Metals ETMC 1281742 238408 3/31/2021 Gold Finder Ex VENZ 1240193 470228 3/31/2021 Fabled Silver FCO 1210765 744258 3/31/2021 EnCore Energy EU 1144573 339507 3/31/2021 Emerita Res EMO 1062535 969035 3/31/2021 Intl Lithium ILC 964649 887954 3/31/2021 Adamera Min ADZ 940010 793053 3/31/2021 Largest increase in short position Pure Gold Mg PGM 4070827 3629848 3/31/2021 Saint Jean SJL 3147000 3048996 3/31/2021 Green Battery GEM 1719386 1593081 3/31/2021 Focus Graphite FMS 1325548 1224684 3/31/2021 Emerita Res EMO 1062535 969035 3/31/2021 Largest decrease in short position Neo Lithium NLC 117410 -3346652 3/31/2021 RosCan Gold ROS 120113 -3037553 3/31/2021 Denarius Silv DSLV 1123 -2210034 3/31/2021 New Age Metals NAM 319332 -1882761 3/31/2021 Cache Explor CAY 216816 -1399028 3/31/2021

DAILY METAL PRICES Date Apr 30 Apr 29 Apr 28 Apr 27 BASE METALS (London Metal Exchange -- Midday official cash/3-month prices, US$ per tonne) Al Alloy 19780/1975 1979.50/1975 1978.50/1975 1978/1975 Aluminum 2445/2438 2432/2429.50 2392.50/2397.50 2389/2394 Copper 9949/9939.50 9990/9983 9832.50/9823.50 9898.50/9894 Lead 2117/2138 2097.50/2116.50 2076/2097.50 2051/2073.50 Nickel 17477/17512 17433/17457 17223/17262 16914/16952 Tin 32193/28975 31750/28745 30046/27706 28358/27059 Zinc 2904/2918 2928/2945 2909/2926 2889/2905.50 PRECIOUS METAL PRICES (London fix, LBMA silver price, US$ per troy oz.)

Gold AM 1768.80 1744.65 1764.15 Gold PM 1767.65 1762.65 1772.20 Silver 25.88 26.29 25.87 Platinum 1218.00 1216.00 1215.00 Palladium 2981.00 2965.00 2930.00

1780.90 1784.15 26.28 1243.00 2924.00

Apr 26 1927.50/1925 2388/2393.50 9758/9730 2054/2076 16449/16495 28338/27002 2862.50/2877.50

1779.65 1773.35 26.11 1230.00 2813.00

TSX WARRANTS Alio Gold Inc. (ALO.WT) - 10 Warrants to purchase one common share of the Issuer at $7.00 until expiry Alio Gold Inc. J (ALO.WT.A) - One Warrant to purchase one common share of the Issuer at $8.00 until expiry Aris Gold Corporation (ARIS.WT) - One Warrant to purchase one Common Share of the Issuer at $2.75 until expiry.

Ascendant Resources (ASND.WT) - Wt buys sh @ $1.25 to Mar 7/22 eCobalt Solutions Inc. J (ECS.WT) - One Warrant to purchase one common share of the Issuer at US$1.95 per share until expiry Excellon Resources Inc (EXN.WT.A) - One warrant to purchase one common share of the Issuer at $2.80 until expiry Excellon Resources Inc. (EXN.WT) - One Warrant to purchase one common share of the issuer at $1.40 per share until expiry Excelsior Mining Corp. (MIN.WT) - One Warrant to purchase one Common Share of the Issuer at $1.25 until expiry.

Gran Colombia Gold (GCM.WT.B) - One warrant to purchase one common share of the Issuer at $2.21 until expiry.

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

Liberty Gold Corp. Wt (LGD.WT) - One Warrant to purchase one common share of the Issuer at $0.90 until expiry may 16, 2019 Lithium Americas Corp (LAC.WT) - One Warrant to purchase one common share of the Issuer at $0.90 until expiry Lydian International Limited (LYD.WT) One Warrant to purchase one additional ordinary share of the Issuer at $0.36 per share until expiry Nevada Copper Corp. (NCU.WT) - One Warrant to purchase one common share of the Issuer at $0.20 until expiry Nevada Copper Corp. (NCU.WT.A) - One Warrant to purchase one common share of the Issuer at $0.22 until expiry Nomad Royalty Company Ltd. (NSR.WT) One Warrant to purchase one common share of the Issuer at $1.71 until expiry.

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

WT.B) - Wt buys sh @ $0.55 to Jun 10/21 Osisko Gold Royalties (OR.WT) - Wt buys sh @ $36.5 to Feb 18/22 Platinum Group Metals Ltd. (PTM.WT.U) One Warrant to purchase one common share of the Issuer at US$0.17 until expiry Royal Nickel Corporation (RNX.WT) - One Warrant to purchase one common share of the Issuer at $0.50 until expiry.

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

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

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

Alpha Lithium Corporation (ALLI.WT) One warrant to purchase one common share at $1.10 per share.

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

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

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

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

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

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

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

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

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

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

Empress Royalty Corp. (EMPR.WT) - One warrant to purchase one common share at $0.75 per share.

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

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

Unit.

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

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

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

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

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

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

Lion One Metals Limited (LIO.WT) - One warrant to purchase one common share at $2.75 per share.

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

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

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

Manganese X Energy Corp. (MN.WT) One warrant to purchase one common share at $0.15 per share.

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

Millennial Lithium Corp. (ML.WT) - One right to purchase one common share at

$4.80 per share.

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

Mineworx Technologies Ltd. (MWX.RT) One right to purchase one common share at $0.015 per share.

Northern Vertex Mining Corp. (NEE.WT) One warrant to purchase one common share at $0.80 per share.

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

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

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

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

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

Star Royalties Ltd. (STRR.WT) - One warrant to purchase one common share at $1.00 per share.

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

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

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

Westhaven Gold Corp. (WHN.WT) - One warrant to purchase one common share at $1.00 per share.

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

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

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

Apr 30 1.2285 0.8123

Apr 29 1.2277 0.8145

Apr 28 1.2303 0.8128

Apr 27 1.2406 0.8061

Exchange rates (Quote Media, April 30, 2021) C$ to AUS C$ to EURO C$ to YEN 1.055 0.6767 88.9887 C$ to UK Pound C$ to China Yuan C$ to India Rupee 0.5885 5.2682 60.2993 US to AUS US to EURO US to YEN 1.2984 0.8319 109.1710 US to UK Pound US to China Yuan US to India Rupee 0.7237 6.4735 74.0955

Apr 26 1.2396 0.8067

C$ to Mex Peso 16.4588 C$ to Swiss Franc 0.7425 US to Mex Peso 20.2299 US to Swiss Franc 0.9125

C$ to SA Rand 11.8014 C$ to S. Korea Won 907.5978 US to SA Rand 14.4919 US to S. Korea Won 1117.7600

CANADIAN GOLD MUTUAL FUNDS FundName Apr 30 ($) BMO Prec Mtls Fd A 25.22 BMO ZGD 69.95 BMO ZJG 66.32 CIBC Prec Metal Fd A 14.42 Dyn Prec Metls Fd A 12.41 Harvest HGGG 27.37 Horizons HEP 29.72 IG MacGbPreMetCl A 15.56 iShares XGD 18.47 Mac Prec Met Cl A 73.87 NBI PrecMetFd Invt 19.06 NPT Go&PrMinFd A 54.54 NPT SilverEquCl A 9.80 RBC GblPreMetFd A 56.79 RBC GblPreMetFd Adv 57.18 Sentry Pre Met Fd A 53.73 TD Prec Mtl Fd Inv 46.59

Apr 23 ($) 26.70 74.81 71.25 15.25 12.80 29.31 31.59 16.20 19.63 76.93 20.08 57.83 10.43 59.50 59.91 55.94 49.52

Change ($) -1.49 -4.86 -4.93 -0.83 -0.40 -1.94 -1.72 -0.64 -1.16 -3.06 -1.02 -3.30 -0.63 -2.70 -2.72 -2.21 -2.93

Change (%) -5.57 -6.50 -6.92 -5.46 -3.10 -6.61 -5.43 -3.97 -5.92 -3.98 -5.08 -5.70 -6.00 -4.54 -4.55 -3.95 -5.92

YTDChange (%) -12.87 -15.33 -17.44 -11.35 -18.73 -15.62 -10.85 -11.11 -9.19 -11.35 -15.17 -16.45 -15.53 -16.00 -16.00 -15.83 -12.42

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

TotalAssets (M$) 53.83 185.01 74.39 58.24 530.53 6.54 29.08 1051.68 68.39 28.18

432.94 2.26 326.34 127.29

174 New Highs AbraSilver Res AbraSilver Res* Alcoa* Alliance Mng Altiplano Met Altiplano Met* Altius Mnrls * Amarc Res Amarc Res* Amerigo Res Amerigo Res* AmmPower AmmPower* Anglo American* Antofagasta* ArcPacific Res Arctic Star Arctic Star* Arizona Metals Arizona Metals* Atico Mining Atico Mining* Aurwest Res Aya Gold* Azarga Uranium* Azteca Gold* Barker Min* Battle North* Bayhorse Silvr* BCM Res* Benchmark Met* Black Iron

moliveira@ northernminer.com or 416-510-6768

Apr 28 19356.95 951.25 1153.39 304.60 285.02

Apr 27 19175.09 946.61 1141.14 303.72 282.90

Apr 26 19170.56 943.39 1140.45 310.00 288.73

High 19439.82 1113.64 1159.16 416.84 359.81

Low 14187.47 466.17 862.56 267.29 245.25

Black Iron* C2C Gold* Canada One* Capstone Mng Casa Minerals Cerrado Gold Cerrado Gold* Chalice Gold M* Champion Iron Champion Iron* Colibri Res Colibri Res* Constantine Mt* Copper Fox Mtl Copper Fox Mtl* Copper Mtn Mng Copper Mtn Mng* Crest Resource* Deep-South Res* Emerita Res Emerita Res* Entree Res* Ero Copper Ero Copper* FireFox Gold* Firestone Vent First Energy* First Vanadium Fission Uran* Foran Mining Foran Mining* Fox River Res* Freeport McMoR*

Full Metal Mnl* Galantas Gold Galantas Gold* Gatling Explor* Global Atomic* GMV Minerals* Gold Mountain Gold Mountain* Goldrea Res* Goldstar Mnls* Group Eleven Group Ten Mtls GT Gold * Impala Platnm* Intl Cons Uran* Ivanhoe Mines Ivanhoe Mines* Jayden Res* Jubilee Metals* Kaizen Discov Kalo Gold Labrador Gold Labrador Gold* Labrador IOR Labrador IOR* Largo Res Largo Res* Laurion Mnl Ex Laurion Mnl Ex* Le Mare Gold Le Mare Gold* Leviathan Gold* Loncor Res

Loncor Res* Los Andes Los Andes* Major Precious* Mammoth Res Mandalay Res* Margaret Lake Margaret Lake* MartinMarietta* Marvel Discov Marvel Discov* Medaro Mining Meridian Mg Meridian Mg * Mineral Hill Montage Gold* Monument Mng Monument Mng* Mosaic* New Destiny Mg* New Found Gold Newmac Res Nobel29 Res Northisle C&G * Northwest Cop* Nouveau Monde* O2Gold Olivut Res* Optimus Gold Oroco Res Oroco Res* Orocobre OZ Minerals*

Pac Ridge Expl Pac Ridge Expl* Pampa Metals* Pangolin Dia PanTerra Gold* Prime Mining Prime Mining* Rackla Metals* Rainy Mtn Royl* Roxgold Roxgold* Shine Minerals* Sidney Resrces* Sierra Metals* Silver Wolf* Sitka Gold Sitka Gold* Slave Lake Zn Slave Lake Zn* Sokoman Min Sokoman Min* Spey Resources SRHI Inc SRHI Inc* Standard Lith Starr Peak* Sun Summit Sun Summit* Sylla Gold Taseko Mines Taseko Mines* Tempus Res* Thesis Gold

Thor Expl Thor Expl* UEX Corp Uranium Roylty Uranium Roylty* Vale* Valorem Res Venture Mnrls* Vulcan Mnrls* Wealth Mnrls*

22 New Lows 55 North All American* Andean Prec Angold Res Angold Res* Barker Min* Blue Thunder Bluestone Res Contact Gold E2Gold Inc First Energy* Gold Lion Res Golden Star* GoldON Res Goldplay Min Gran Colombia Inca One Gold* Metallum Res Norsemont Cap* Pucara Gold Quebec Silica Ready Set Gold

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

Re-Publishing License Contact:

Apr 29 19255.92 945.56 1147.95 296.77 279.06

NEW 52-WEEK HIGHS AND LOWS APRIL 26 – 30, 2021

GLOBAL MINING NEWS · SINCE 1915

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

Apr 30 19108.33 955.26 1138.85 294.54 279.06

LEGEND A C L N O Q T V X *

– – – – – – – – – –

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

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

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

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

20

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MAY 10—23, 2021 / THE NORTHERN MINER

S T O C K TA B L E S

MINING STOCKS listed on CANADIAN and U.S. EXCHANGES TRADING: APRIL 26–30, 2021 (100s) Stock

Exc Volume

Week High

Low

Last

12-month Change

High Low

A 1844 Resources 1911 Gold* 1911 Gold 55 North 79 Resources 79North A.I.S Res* A.I.S Res Abacus Mining* Abacus Mining Abcourt Mines Abcourt Mines* Aben Resources* Aben Resources Abitibi Royal* Abitibi Royal AbraSilver Res* AbraSilver Res Academy Metals Academy Metals* Adamera Min* Adamera Min Adex Mining Advance Gold Adventus Adventus* Adyton Res AEX Gold Affinity Metal* African Gold African Gold* African Metals African Min* African Rainbo* Aftermath Silv* Agnico Eagle Agnico Eagle* AgriMinco* Aguila Amer Gd* Aguila Amer Gd Aiml Res* AJN Resources Alamos Gold Alamos Gold* Alcoa* Aldebaran Res* Aldebaran Res Alexandra Cap* Alexco Res* Alexco Res Alianza Min Alianza Min* Alien Metals* All American* Allegiant Gold Allegiant Gold* Alliance Mng Alliance Res* Allied Copper Allied Copper* 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* Ameriwest Lith Amex Expl Amex Expl* Amilot Capital AmmPower* AmmPower Amseco Expl AMV Capital Anaconda Mng* Anaconda Mng Andean Prec Andes Gold* Andover Mng* Anfield Energy* Anfield Energy Angel Gold* Angel Gold Angkor Gold* Angkor Res Anglo American* Anglo American* Anglo Pac Grp AngloGold Ash* AngloGold Ash* Angold Res Angold Res* Angus Gold* Angus Gold Antioquia Gold* Antioquia Gold Antler Gold * Antler Gold Antofagasta* Apollo Gold Apollo Gold* Appia Energy* Appia Energy Applied Min* Aquila Res* Aquila Res Arbor Metals Arch Resources* Archon Mineral* Archon Mineral ArcPacific Res* ArcPacific Res Arctic Star* Arctic Star Arcturus Vent Arcturus Vent* Arcus Dev Grp* Arcus Dev Grp Arcwest Explor Arcwest Explor* Arena Min* Arena Min Ares Strategic Ares Strategic* Argentina Lith* Argentina Lith Argentum Silvr*

V 328 O 63 V 126 C 580 C 82 C 560 O 205 V 319 O 341 V 272 V 779 O 121 O 463 V 831 O 2 V 9 O 4155 V 6115 V 84 O 4 O 214 V 1158 V 388 V 84 V 476 O 56 V 273 V 209 O 200 V 1195 O 263 V 10 O 14 O 13 O 1272 T 3195 N 5254 O 1 O 5 V 351 O 20 C 103 T 4029 N 11866 N 27864 O 13 V 409 O 2158 X 3741 T 862 V 1181 O 754 O 532 O 120239 V 168 O 390 V 103 D 5054 V 54 O 0 X 6709 T 71 O 81 V 146 T 562 O 112 O 28 V 144 O 1903 V 796 O 2340 V 6965 V 317 O 20 O 104 V 36 V 1326 O 926 V 27 V 110 V 967 O 135 T 702 O 115 V 375 O 5 O 33 V 395 V 39 O 17 O 39 V 683 O 632 V 157 O 5874 V 460 O 69 V 255 O 172 O 317 O 339 V 1007 V 1149 O 651 O 2638 V 783 O 1959 V 1598 C 415 O 0 T 892 X 2360 T 1884 O 1165 C 244 V 394 O 288 V 7 O 118 C 724 V 104 V 0 O 456 T 1007 V 191 O 257 O 150 O 1259 V 2926 O 160 V 24 O 167 V 456 O 11 O 4046 T 349 O 0 N 11975 V 460 O 10 O 185 V 79 O 6 V 18 O 3 V 32 O 7 V 465 O 18 O 448 C 785 O 1283 O 901 T 1411 V 112 N 1748 O 0 V 149 O 261 V 1465 O 534 V 16476 V 1463 O 126 O 25 V 235 V 162 O 335 O 432 V 197 V 675 O 1060 O 261 V 403 O 1

0.06 0.51 0.63 0.16 0.10 0.12 0.07 0.08 0.16 0.20 0.15 0.12 0.07 0.08 19.71 24.49 0.56 0.69 0.09 0.07 0.08 0.11 0.02 0.09 1.15 0.94 0.19 0.50 0.11 0.20 0.16 0.11 0.02 0.00 0.67 82.65 66.39 0.00 0.20 0.40 0.59 0.29 10.74 8.63 38.07 0.41 0.54 0.65 2.88 3.54 0.13 0.11 0.02 0.01 0.29 0.23 0.41 6.32 0.60 0.00 0.60 0.73 0.20 0.26 1.18 0.93 0.05 0.06 0.71 0.82 0.52 0.63 0.06 0.05 0.04 0.05 0.39 0.31 0.04 0.18 0.50 0.35 17.40 14.03 0.15 0.12 0.01 0.04 1.20 1.00 5.45 0.10 0.09 0.08 0.00 0.15 0.11 0.27 0.21 0.02 0.23 0.29 0.07 0.06 1.88 2.33 1.13 1.37 0.15 0.00 2.87 2.31 1.25 1.01 0.81 2.77 2.22 0.05 0.98 1.22 0.08 0.00 0.56 0.68 1.39 0.02 0.00 0.09 0.11 0.03 0.04 0.05 0.06 44.68 22.69 2.61 0.00 21.64 0.31 0.25 0.63 0.75 0.04 0.05 0.13 0.18 27.37 0.73 0.56 0.57 0.70 0.03 0.08 0.10 2.62 50.70 0.19 0.28 0.11 0.13 0.22 0.28 0.03 0.03 0.02 0.03 0.10 0.08 0.11 0.14 0.72 0.59 0.13 0.15 0.17

0.06 0.47 0.58 0.10 0.10 0.10 0.05 0.07 0.14 0.19 0.14 0.11 0.06 0.07 0.00 22.55 0.47 0.58 0.08 0.07 0.07 0.09 0.00 0.00 1.05 0.87 0.17 0.45 0.11 0.18 0.14 0.11 0.00 0.00 0.56 76.70 62.39 0.00 0.20 0.23 0.00 0.18 9.81 7.98 35.00 0.36 0.46 0.49 2.70 3.34 0.11 0.09 0.01 0.01 0.25 0.20 0.32 5.45 0.00 0.00 0.55 0.68 0.19 0.25 1.07 0.87 0.04 0.00 0.61 0.78 0.46 0.57 0.06 0.05 0.04 0.04 0.34 0.27 0.03 0.14 0.33 0.27 16.59 13.47 0.14 0.12 0.00 0.00 1.11 0.87 5.27 0.09 0.07 0.07 0.00 0.13 0.10 0.25 0.20 0.00 0.21 0.26 0.06 0.04 1.65 2.03 0.96 1.22 0.14 0.00 2.64 2.15 1.12 0.90 0.60 2.55 2.07 0.05 0.91 1.07 0.06 0.00 0.52 0.65 1.18 0.01 0.00 0.07 0.08 0.02 0.00 0.04 0.06 0.00 21.44 2.47 0.00 20.31 0.28 0.24 0.58 0.70 0.04 0.00 0.00 0.17 25.97 0.66 0.56 0.49 0.59 0.02 0.07 0.08 2.38 44.20 0.00 0.20 0.08 0.11 0.09 0.10 0.02 0.02 0.02 0.03 0.09 0.07 0.00 0.13 0.66 0.53 0.11 0.14 0.17

0.06 unch 0.49 0.59 0.11 0.10 + 0.10 0.07 + 0.08 + 0.16 0.20 + 0.14 unch 0.11 0.06 0.08 unch 19.71 + 24.49 + 0.54 + 0.68 + 0.09 + 0.07 unch 0.07 0.09 0.02 + 0.08 unch 1.09 + 0.87 + 0.18 0.47 0.11 unch 0.18 0.14 + 0.11 unch 0.00 18.00 unch 0.56 76.82 62.44 0.00 unch 0.20 + 0.35 + 0.59 0.29 + 9.85 8.00 36.64 + 0.41 + 0.50 + 0.55 2.74 unch 3.34 0.11 0.09 0.02 0.01 0.28 unch 0.23 + 0.38 + 5.48 0.48 0.44 unch 0.58 + 0.73 + 0.20 + 0.25 1.08 0.88 0.05 + 0.06 + 0.65 + 0.79 + 0.51 + 0.63 + 0.06 unch 0.05 unch 0.04 0.04 0.36 + 0.29 + 0.03 0.14 0.43 + 0.35 + 16.74 13.61 + 0.14 unch 0.12 unch 0.01 + 0.03 unch 1.11 0.87 5.33 + 0.09 unch 0.07 0.07 unch 0.00 + 0.13 0.11 + 0.25 0.21 0.01 0.22 + 0.28 + 0.07 unch 0.05 + 1.75 2.11 1.02 + 1.25 + 0.14 0.04 unch 2.65 2.15 1.24 + 1.00 + 0.70 2.62 2.12 0.05 unch 0.98 + 1.22 + 0.08 + 0.12 unch 0.53 0.66 1.18 0.01 0.00 + 0.07 0.09 0.03 0.04 + 0.04 0.06 + 42.52 21.46 2.60 + 23.00 unch 20.58 0.30 0.24 0.60 + 0.73 0.04 unch 0.05 unch 0.13 0.17 26.32 + 0.68 0.56 + 0.51 + 0.62 0.02 0.08 0.09 2.55 44.41 0.19 + 0.22 0.11 + 0.13 + 0.17 + 0.22 + 0.03 0.02 0.02 0.03 + 0.09 unch 0.08 + 0.11 0.14 + 0.71 + 0.57 + 0.11 + 0.14 + 0.17 unch

0.00 0.08 0.05 0.03 1.22 0.27 0.04 0.98 0.40 0.04 0.23 0.13 0.01 0.25 0.10 0.02 0.23 0.08 0.00 0.08 0.01 0.01 0.10 0.02 0.00 0.21 0.04 0.01 0.29 0.06 0.00 0.24 0.06 0.00 0.18 0.04 0.00 0.12 0.04 0.00 0.16 0.05 0.21 20.82 13.14 0.15 26.75 18.54 0.07 0.56 0.05 0.09 0.69 0.08 0.01 0.16 0.06 0.00 0.10 0.06 0.01 0.12 0.02 0.01 0.16 0.03 0.01 0.04 0.01 0.00 0.17 0.07 0.07 1.60 0.76 0.05 1.18 0.56 0.01 0.40 0.16 0.01 1.20 0.44 0.00 0.37 0.11 0.01 0.36 0.11 0.00 0.28 0.08 0.00 0.18 0.06 0.02 0.02 0.00 0.00 18.00 10.10 0.05 1.37 0.15 5.65 117.35 69.14 3.67 89.23 54.66 0.00 0.13 0.00 0.00 0.53 0.16 0.11 0.67 0.14 0.01 0.71 0.17 0.09 0.45 0.15 0.88 15.52 8.89 0.60 11.58 7.02 1.93 37.70 6.38 0.02 0.56 0.17 0.02 0.74 0.17 0.02 1.45 0.13 0.00 3.50 1.53 0.06 4.65 2.16 0.02 0.25 0.06 0.01 0.19 0.04 0.00 0.04 0.00 0.00 0.02 0.00 0.00 0.71 0.22 0.00 0.56 0.15 0.03 0.63 0.13 1.06 6.68 2.63 0.04 0.68 0.08 0.00 0.44 0.08 0.01 1.24 0.38 0.04 1.60 0.54 0.00 0.29 0.11 0.01 0.36 0.18 0.06 1.30 0.47 0.01 1.04 0.35 0.00 0.19 0.01 0.01 0.12 0.04 0.03 1.13 0.29 0.02 1.45 0.40 0.06 0.53 0.09 0.06 0.66 0.12 0.00 0.14 0.04 0.00 0.11 0.03 0.00 0.04 0.01 0.01 0.05 0.01 0.01 0.39 0.07 0.01 0.31 0.05 0.01 0.05 0.01 0.05 0.22 0.05 0.14 0.45 0.07 0.11 0.32 0.06 0.03 17.46 8.10 0.18 14.03 5.85 0.00 0.24 0.09 0.00 0.15 0.07 0.00 0.50 0.00 0.00 0.05 0.01 0.09 1.66 0.50 0.09 21.22 0.35 0.05 5.97 3.49 0.00 0.13 0.03 0.01 0.10 0.02 0.00 0.08 0.03 0.00 0.05 0.00 0.01 0.15 0.03 0.01 0.11 0.02 0.01 0.42 0.17 0.01 0.31 0.12 0.00 0.08 0.00 0.00 0.38 0.04 0.01 0.50 0.06 0.00 0.10 0.03 0.01 0.08 0.01 0.05 3.32 0.15 0.14 4.21 0.21 0.04 2.25 0.09 0.03 2.86 0.13 0.01 0.62 0.13 0.00 0.06 0.01 0.19 5.12 2.54 0.12 3.90 2.02 0.14 1.23 0.17 0.12 1.00 0.12 0.13 0.95 0.12 0.05 4.19 1.36 0.03 3.26 0.99 0.00 0.08 0.03 0.22 0.94 0.71 0.17 1.16 0.30 0.02 0.08 0.02 0.00 0.26 0.07 0.01 0.74 0.15 0.02 0.93 0.22 0.21 2.00 1.19 0.00 0.02 0.00 0.00 0.07 0.00 0.01 0.12 0.03 0.01 0.15 0.05 0.00 0.05 0.01 0.01 0.07 0.02 0.01 0.08 0.02 0.01 0.10 0.01 1.35 44.68 16.38 0.48 22.69 8.00 0.11 2.88 1.75 0.00 38.94 20.27 0.92 38.50 19.55 0.01 0.53 0.28 0.00 0.34 0.24 0.00 1.16 0.43 0.03 1.51 0.41 0.00 0.07 0.01 0.00 0.09 0.02 0.03 0.55 0.15 0.01 0.49 0.09 1.10 27.37 9.55 0.01 1.68 0.31 0.00 0.91 0.33 0.00 0.65 0.10 0.01 0.84 0.13 0.01 0.14 0.00 0.00 0.15 0.07 0.02 0.22 0.08 0.02 2.63 0.45 2.52 58.88 26.00 0.01 0.26 0.13 0.06 0.40 0.11 0.01 0.11 0.06 0.03 0.13 0.02 0.10 0.20 0.02 0.13 0.25 0.02 0.01 0.29 0.01 0.00 0.38 0.00 0.01 0.03 0.01 0.01 0.04 0.02 0.00 0.21 0.05 0.00 0.15 0.03 0.01 0.21 0.01 0.01 0.27 0.02 0.03 0.82 0.08 0.03 0.66 0.06 0.01 0.21 0.02 0.01 0.26 0.05 0.00 0.27 0.13

(100s) Stock

Exc Volume

Week Low

0.21 0.21 0.12 0.15 + 0.10 0.11 + 2.16 2.21 + 2.66 2.70 0.00 0.02 0.38 0.47 + 0.30 0.37 + 2.29 2.35 0.09 0.11 + 0.12 0.13 + 2.48 2.89 + 2.00 2.36 + 0.15 0.15 0.19 0.19 0.00 0.59 4.65 4.90 + 5.74 5.81 0.20 0.20 + 0.24 0.24 0.13 0.14 + 0.17 0.18 unch 0.87 0.88 0.71 0.72 0.03 0.03 0.20 0.24 0.04 0.05 + 0.03 0.04 0.04 0.04 unch 0.13 0.13 0.16 0.16 0.02 0.03 + 5.40 5.90 + 0.17 0.20 0.21 0.24 unch 0.00 0.09 0.50 0.58 + 0.65 0.72 + 0.00 0.01 unch 0.18 0.18 unch 0.24 0.24 unch 1.96 2.17 1.60 1.75 13.76 13.76 11.35 11.52 + 2.10 2.48 + 2.60 3.04 + 0.70 0.77 + 0.56 0.63 + 0.22 0.22 0.19 0.19 0.06 0.07 + 0.04 0.05 + 0.65 0.66 0.80 0.81 0.00 0.08 0.13 0.15 + 0.45 0.63 + 0.15 0.15 0.02 0.02 + 0.10 0.10 unch 0.13 0.13 0.17 0.17 unch 0.21 0.22 0.18 0.18 0.42 0.53 + 0.36 0.40 + 0.14 0.15 + 0.18 0.18 0.00 0.04 unch 0.11 0.13 0.15 0.17 + 1.20 1.24 + 1.49 1.52 0.06 0.07 + 0.08 0.08 0.00 0.07 unch 0.05 0.05 unch 0.00 0.05 + 5.52 6.00 + 0.08 0.08 0.10 0.10 0.27 0.30 + 0.21 0.23 + 0.92 0.94 0.74 0.76 0.06 0.07 + 0.08 0.09 + 0.30 0.30 0.24 0.24 0.00 0.00 0.12 0.12 0.09 0.10 -

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

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

18 500 23 834 3867 29 515 548 517 429 1424 1417 548 277 564 7 55 286 19 202 35 1011 1130 386 43 60 390 656 460 443 329 8332 28 54 780 106 249 557 0 8 5 309 102 68 9 117 399 1834 1695 320 40 2372 1776 112 255 47 573 11 18 327 21 468 112 100 65 660 124 1148 1929 0 301 861 5687 436 57 507 700 109 13 73 41 64 1808 456 201 79 601 1992 129 97 738 107 158

0.24 0.15 0.11 2.36 2.85 0.40 0.50 0.40 2.51 0.11 0.13 3.09 2.50 0.19 0.24 0.60 4.90 6.15 0.20 0.27 0.14 0.18 1.00 0.79 0.03 0.25 0.05 0.04 0.04 0.14 0.17 0.03 5.98 0.20 0.27 0.09 0.60 0.73 0.01 0.18 0.24 2.37 1.85 14.60 11.60 2.48 3.06 0.80 0.65 0.25 0.20 0.07 0.05 0.70 0.85 0.08 0.15 0.65 0.18 0.02 0.10 0.15 0.19 0.23 0.19 0.53 0.43 0.17 0.21 0.00 0.14 0.17 1.28 1.58 0.07 0.09 0.07 0.06 0.05 7.00 0.09 0.12 0.31 0.25 1.00 0.80 0.08 0.10 0.34 0.28 0.00 0.13 0.11

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

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

23842 14329 416 157 1926 564 6006 661 118 745 128 262 14 63 76136 18312 13 148 1269 256 429 598 67 20 210 207 26 993 3076 3338 2 197 875 1455 267 17 304 91 232 79 110 0 683 377 1224 63 253 65 816 7 115 105 177 29 299 0 10 65 892 1365 52 1292 295 3063 5 48 31 281 2482 1212 1116 82 36 98 2780 396 302 140 502 475 2 541

5.10 6.33 0.12 0.20 0.34 0.28 0.11 0.23 0.20 0.11 0.40 0.51 0.00 0.32 22.30 27.70 0.41 0.58 0.13 0.10 0.40 0.50 0.12 0.10 0.17 0.74 2.14 2.64 0.25 0.25 0.00 0.16 0.20 2.08 1.67 0.25 0.21 0.18 0.23 0.17 0.22 0.00 0.07 0.90 0.75 0.31 0.38 1.25 1.55 0.33 0.40 0.13 0.15 0.67 0.84 0.00 0.07 0.20 0.09 0.12 0.04 69.69 0.52 0.65 0.14 0.17 0.50 0.03 0.04 0.81 0.66 1.13 0.87 0.12 0.01 0.63 0.51 0.07 0.08 0.02 0.02 0.26

Last

12-month

High

Change

Stock

0.04 0.01 0.00 0.05 0.01 0.00 0.01 0.01 0.04 0.01 0.01 0.34 0.32 0.04 0.05 0.01 0.07 0.20 0.00 0.03 0.01 0.00 0.06 0.04 0.01 0.01 0.01 0.00 0.00 0.00 0.01 0.00 0.02 0.00 0.00 0.01 0.06 0.08 0.00 0.00 0.00 0.10 0.07 0.64 0.17 0.39 0.43 0.03 0.03 0.03 0.01 0.01 0.00 0.02 0.03 0.01 0.01 0.11 0.02 0.00 0.00 0.02 0.00 0.01 0.00 0.08 0.02 0.01 0.01 0.00 0.02 0.01 0.02 0.02 0.00 0.01 0.00 0.00 0.01 0.50 0.02 0.02 0.03 0.02 0.06 0.04 0.00 0.01 0.04 0.02 0.00 0.01 0.01

0.35 0.35 0.24 2.63 3.42 0.40 0.56 0.44 3.29 0.15 0.18 3.09 2.50 0.33 0.41 0.97 5.63 7.64 0.24 0.32 0.21 0.26 1.63 1.28 0.10 0.64 0.05 0.09 0.13 0.30 0.40 0.05 6.40 0.27 0.34 0.23 0.60 0.73 0.08 0.40 0.65 3.60 2.79 18.30 18.11 4.31 5.75 1.25 0.99 0.31 0.24 0.14 0.10 1.28 1.68 0.10 0.15 0.96 1.01 0.04 0.13 0.69 0.38 0.56 0.39 0.69 0.63 0.25 0.36 0.05 0.35 0.48 2.82 3.60 0.16 0.20 0.22 0.25 0.16 6.60 0.12 0.14 0.32 0.25 3.27 2.35 0.14 0.18 0.70 0.53 0.00 0.27 0.20

0.15 0.04 0.08 1.01 1.43 0.00 0.13 0.10 1.75 0.08 0.11 0.47 0.46 0.08 0.12 0.40 0.79 1.09 0.03 0.04 0.06 0.08 0.71 0.50 0.02 0.17 0.02 0.03 0.04 0.12 0.16 0.00 1.80 0.08 0.11 0.03 0.17 0.23 0.00 0.00 0.23 0.78 0.54 4.00 2.87 1.47 2.22 0.35 0.25 0.02 0.02 0.02 0.03 0.43 0.78 0.02 0.02 0.11 0.00 0.01 0.07 0.05 0.11 0.17 0.13 0.04 0.00 0.13 0.05 0.02 0.11 0.07 0.37 0.52 0.06 0.06 0.05 0.05 0.04 0.95 0.04 0.06 0.15 0.10 0.78 0.60 0.01 0.02 0.11 0.09 0.00 0.10 0.06

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

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

0.27 0.41 0.01 0.01 0.04 0.04 0.01 0.00 0.02 0.02 0.01 0.01 0.00 0.01 0.96 1.52 0.00 0.05 0.00 0.00 0.01 0.02 0.01 0.00 0.01 0.01 0.06 0.00 0.02 0.02 0.00 0.00 0.03 0.02 0.02 0.00 0.03 0.03 0.01 0.01 0.02 0.00 0.01 0.09 0.06 0.01 0.02 0.03 0.04 0.02 0.00 0.00 0.01 0.11 0.12 0.00 0.01 0.01 0.01 0.01 0.00 0.58 0.12 0.15 0.01 0.03 0.03 0.00 0.00 0.03 0.03 0.02 0.02 0.02 0.00 0.02 0.01 0.00 0.01 0.00 0.00 0.03

7.55 9.99 0.16 0.44 0.71 1.12 0.14 0.39 0.90 0.11 0.55 0.70 0.31 0.42 31.22 41.09 0.58 0.75 0.24 0.21 1.15 1.19 0.16 0.13 0.26 0.90 2.14 2.64 0.25 0.25 0.09 0.06 0.30 4.17 3.04 0.60 0.34 0.25 0.44 0.32 0.45 0.07 0.11 1.44 1.10 0.42 0.57 1.25 1.64 0.52 0.67 0.22 0.30 1.10 1.40 0.04 0.10 0.26 0.19 0.25 0.10 71.34 0.50 0.62 0.19 0.26 0.75 0.08 0.10 1.61 1.22 1.35 1.01 0.27 0.05 1.42 1.07 0.08 0.09 0.03 0.02 0.26

4.16 5.25 0.08 0.04 0.08 0.06 0.02 0.05 0.04 0.00 0.16 0.23 0.08 0.03 18.64 23.63 0.26 0.32 0.04 0.02 0.23 0.15 0.06 0.03 0.03 0.50 0.75 1.05 0.06 0.04 0.03 0.04 0.04 1.70 1.21 0.10 0.09 0.06 0.09 0.05 0.06 0.06 0.04 0.59 0.43 0.16 0.19 0.22 0.31 0.03 0.05 0.07 0.10 0.09 0.11 0.04 0.04 0.04 0.02 0.03 0.00 51.97 0.05 0.07 0.02 0.04 0.35 0.03 0.04 0.15 0.11 0.35 0.23 0.03 0.00 0.43 0.27 0.01 0.01 0.01 0.00 0.06

C2C Gold* C3 Metals* C3 Metals Cabral Gold* Cabral Gold Cache Explor* Cadillac Vent* Cadillac Vent Caledonia Mng* Calibre Mng* Calibre Mng Califfi Cap California Gld* California Gld Callinex Mines* Callinex Mines Cameco Corp* Cameco Corp Camino Min Camino Min* Camrova Res* Canada Carbon Canada Carbon* Canada Nickel Canada Nickel* Canada One* Canada One Canada Rare Canada Rare* Canada Silver Canada Silver* Canadian Metal* Canadian Metal Canadian Prem* 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 Canstar Res* Canstar Res Canterra Min* Canterra Min Cantex Mn Dev Cantex Mn Dev* Canuc Res Canuc Res* Capella Min* Capella Min Capitan Mining Capitan Mining* Capstone Mng Cardero Res* Cardero Res Cariboo Rose Carlin Gold Carlyle Comm* Carrara Explor Cartier Iron Cartier Res* Cartier Res Casa Minerals Cascada Silver Cascadero Copp Cassiar Gold Cassius Vents Castle Peak Mg CAT Strategic CAT Strategic* CAVU Mining Cdn Goldcamps Cdn Goldcamps* CDN Maverick* Cdn Palladium Cdn Palladium* CellCube Enrgy* Centamin Centaurus Diam* Centerra Gold Central Afric Central Afric* Central Iron Century Cobalt* Century Global* Century Global Cerrado Gold* Cerrado Gold Cerro de Pasc * Cerro de Pasc Cerro Grande* Cerro Grande Cerro Mng* 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*

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

B 4.80 4.80 5.90 5.92 0.10 0.10 0.18 0.19 0.29 0.34 + 0.23 0.28 + 0.10 0.11 + 0.21 0.22 unch 0.14 0.20 + 0.00 0.02 + 0.38 0.39 + 0.48 0.49 + 0.00 0.24 unch 0.00 0.32 + 21.11 21.25 25.94 26.19 0.41 0.41 unch 0.50 0.50 0.11 0.11 unch 0.09 0.09 + 0.37 0.38 0.46 0.47 0.11 0.11 0.10 0.10 unch 0.14 0.14 + 0.54 0.62 2.10 2.14 + 2.61 2.62 unch 0.24 0.25 + 0.19 0.21 + 0.00 0.09 unch 0.15 0.15 unch 0.12 0.17 + 1.80 1.99 + 1.46 1.61 + 0.25 0.25 unch 0.18 0.19 + 0.14 0.16 + 0.18 0.21 + 0.00 0.15 0.18 0.19 0.00 0.07 unch 0.07 0.07 + 0.78 0.80 0.64 0.66 0.29 0.30 + 0.36 0.38 + 1.17 1.19 1.40 1.50 0.31 0.33 + 0.40 0.40 unch 0.12 0.12 0.15 0.15 0.58 0.58 0.69 0.73 0.00 0.04 unch 0.07 0.07 + 0.15 0.19 + 0.08 0.09 + 0.10 0.11 + 0.04 0.04 unch 67.71 68.98 0.40 0.52 + 0.50 0.64 + 0.12 0.12 + 0.14 0.15 0.00 0.50 + 0.03 0.03 0.04 0.04 unch 0.69 0.78 + 0.55 0.64 + 0.95 1.02 + 0.78 0.78 0.10 0.10 0.01 0.01 + 0.57 0.59 0.46 0.48 0.06 0.06 unch 0.07 0.08 0.01 0.02 unch 0.02 0.02 unch 0.19 0.22 +

(100s)

High Low

Exc Volume

Week High

Low

Last

1019 8 30 1239 4 850 267 84 244 21 138 22 42 32318 189 159 58 2153 18010 157 133 77 201 348 1307 8 30206 536 1449 175 2026 666 882 122 1066 53 652 75 10169 20 5 7 105 2 245 41 51

0.31 0.06 0.08 0.06 0.12 0.14 1.58 1.28 0.27 0.21 0.09 0.34 0.41 0.01 0.12 1.28 0.08 0.11 0.00 0.06 0.08 0.08 0.09 0.11 0.14 0.24 0.02 0.13 0.17 0.09 0.01 0.19 0.23 0.19 0.03 0.11 0.13 0.07 10.17 0.01 0.02 0.15 0.10 0.09 0.34 0.30 0.04

0.24 0.06 0.08 0.06 0.10 0.12 1.50 1.22 0.23 0.19 0.08 0.00 0.37 0.01 0.12 1.15 0.07 0.10 0.00 0.05 0.06 0.07 0.00 0.09 0.11 0.00 0.02 0.11 0.14 0.05 0.00 0.17 0.22 0.17 0.01 0.10 0.12 0.07 9.41 0.01 0.02 0.15 0.09 0.09 0.30 0.26 0.04

0.27 0.06 0.08 0.06 0.11 0.13 1.52 1.24 0.24 0.20 0.08 0.31 0.38 0.01 0.12 1.22 0.08 0.10 0.00 0.06 0.07 0.07 0.09 0.11 0.13 0.17 0.02 0.12 0.14 0.08 0.01 0.19 0.23 0.19 0.02 0.10 0.12 0.07 9.72 0.01 0.02 0.15 0.10 0.09 0.30 0.28 0.04

688 36 1967 281 1190 107 2 83 647 199 2000 145 54 287 79 106 15626 5444 1240 21 28 766 363 814 194 2 39 618 226 975 484 0 33 200 118 19 113 102 412 501 2 374 763 14 1187 5 16 102 531 11 45 1 93 542 72 368 103 29 806 56 138 1065 607 386 14273 105 487 205 226 704 983 199 263 487 153 385 431 325 3 350 641 192 6 268 3 2 4629 1908 636 257 75 2367 127 6 145 111 10 30 235 845 60 1034 34 90 0 1042 453 371 32 49 99 36 2042 67 0 42 46 44234 264 40 679 22 137 751 613 296 1046 4

0.19 0.12 0.16 0.40 0.50 0.10 0.03 0.04 14.72 2.02 2.11 0.18 0.13 0.18 2.72 3.47 17.45 21.47 0.19 0.15 0.02 0.20 0.15 3.73 2.98 0.09 0.11 0.09 0.08 0.43 0.35 0.00 0.26 0.21 0.28 0.09 0.43 0.53 0.57 0.70 0.03 0.11 0.65 0.47 0.17 0.00 0.06 0.09 0.13 0.21 0.26 0.14 0.21 0.24 0.31 0.38 0.92 0.72 0.27 0.20 0.10 0.12 0.42 0.34 5.84 0.08 0.09 0.08 0.06 0.18 0.03 0.15 0.25 0.30 0.20 0.09 0.04 0.48 0.00 0.02 0.06 0.06 0.41 0.10 0.09 0.22 0.17 0.14 0.05 2.03 0.03 11.69 0.24 0.17 0.07 0.04 0.22 0.27 1.28 1.65 0.30 0.37 0.03 0.03 0.00 0.25 0.49 0.40 5.61 0.08 0.10 5.50 6.89 0.13 0.00 3.55 4.40 107.65 0.17 0.12 0.25 0.20 3.89 1.33 1.09 0.66 0.39 0.19

12-month Change

Stock

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

0.04 0.00 0.01 0.01 0.00 0.01 0.00 0.02 0.00 0.01 0.02 0.02 0.00 0.00 0.01 0.04 0.00 0.00 0.00 0.01 0.01 0.00 0.01 0.02 0.02 0.01 0.00 0.01 0.03 0.01 0.01 0.01 0.01 0.01 0.00 0.01 0.01 0.00 0.44 0.00 0.01 0.01 0.01 0.00 0.04 0.04 0.00

0.33 0.12 0.16 0.15 0.26 0.40 2.43 1.84 1.05 0.65 0.16 0.53 0.70 0.04 0.43 1.62 0.10 0.14 0.01 0.08 0.09 0.19 0.25 0.13 0.17 0.55 0.10 0.45 0.62 0.11 0.04 0.42 0.57 0.28 0.06 0.32 0.43 0.14 14.32 0.03 0.04 0.45 0.28 0.19 1.01 0.60 0.06

0.09 0.04 0.04 0.06 0.10 0.12 1.50 1.21 0.08 0.16 0.04 0.06 0.09 0.00 0.11 0.79 0.06 0.04 0.00 0.01 0.02 0.05 0.08 0.03 0.05 0.05 0.00 0.07 0.05 0.01 0.00 0.10 0.14 0.08 0.01 0.00 0.11 0.05 7.15 0.00 0.01 0.14 0.05 0.01 0.28 0.00 0.02

0.18 + 0.11 0.15 unch 0.34 0.46 0.05 0.03 + 0.04 unch 13.91 1.64 2.01 0.17 + 0.13 + 0.18 + 2.56 3.12 16.81 + 20.66 + 0.18 unch 0.15 + 0.02 unch 0.17 0.14 3.54 + 2.87 + 0.09 + 0.11 + 0.09 + 0.07 + 0.41 0.33 0.24 unch 0.25 0.19 unch 0.23 0.08 0.43 + 0.52 + 0.52 unch 0.66 + 0.03 0.10 unch 0.65 + 0.47 + 0.17 + 0.05 unch 0.06 + 0.09 0.13 + 0.21 + 0.22 unch 0.14 unch 0.17 0.21 0.21 0.27 0.90 + 0.71 0.23 0.18 0.09 + 0.12 unch 0.37 unch 0.29 5.49 + 0.06 + 0.08 unch 0.07 0.06 unch 0.12 0.03 0.15 + 0.24 0.29 0.20 + 0.09 + 0.04 + 0.44 0.07 unch 0.02 unch 0.06 unch 0.05 0.41 unch 0.10 0.08 0.22 0.16 + 0.13 + 0.05 + 1.85 0.03 11.34 0.24 + 0.16 + 0.07 0.04 + 0.22 + 0.23 + 1.23 + 1.49 + 0.30 + 0.37 + 0.03 0.03 unch 0.22 unch 0.20 0.49 + 0.40 + 5.30 + 0.08 + 0.09 unch 5.35 + 6.50 0.10 unch 0.11 unch 3.52 + 4.32 + 103.07 + 0.17 + 0.12 unch 0.24 0.20 + 3.77 1.07 0.87 0.66 + 0.35 0.18 -

0.07 0.00 0.00 0.06 0.05 0.02 0.01 0.00 0.46 0.02 0.04 0.02 0.01 0.04 0.19 0.25 0.40 0.25 0.00 0.00 0.00 0.03 0.01 0.09 0.08 0.01 0.01 0.02 0.01 0.01 0.01 0.00 0.04 0.00 0.05 0.01 0.03 0.03 0.00 0.02 0.00 0.00 0.13 0.06 0.04 0.00 0.01 0.00 0.01 0.01 0.00 0.00 0.01 0.02 0.09 0.09 0.01 0.03 0.04 0.03 0.00 0.00 0.00 0.02 0.46 0.00 0.00 0.01 0.00 0.04 0.01 0.01 0.00 0.02 0.07 0.01 0.01 0.02 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.06 0.03 0.03 0.01 0.20 0.00 0.32 0.05 0.01 0.01 0.00 0.06 0.01 0.11 0.11 0.03 0.03 0.00 0.00 0.00 0.02 0.02 0.02 0.15 0.00 0.00 0.20 0.02 0.00 0.00 0.22 0.17 1.52 0.01 0.00 0.02 0.00 0.13 0.27 0.22 0.05 0.03 0.02

0.19 0.15 0.19 0.70 0.88 2.08 0.04 0.06 29.39 2.40 2.80 0.21 0.23 0.30 5.26 6.50 19.71 24.57 0.30 0.22 0.10 0.37 0.26 4.54 3.68 0.09 0.11 0.22 0.18 0.77 0.60 0.27 0.45 0.26 0.48 0.16 0.78 0.95 0.68 0.84 0.07 0.26 0.68 0.52 0.27 0.08 0.11 0.25 0.33 0.22 0.31 0.30 0.29 0.40 0.37 0.50 1.76 1.29 0.40 0.32 0.10 0.12 0.50 2.00 5.84 0.08 0.10 0.10 0.07 0.33 0.10 0.19 0.31 0.37 0.19 0.20 0.06 1.20 0.10 0.03 0.10 0.15 0.50 0.55 0.35 1.00 0.18 0.16 0.15 4.04 0.10 19.59 0.43 0.34 0.25 0.15 0.25 0.33 1.28 1.65 0.35 0.49 0.05 0.06 0.23 0.62 0.80 0.61 5.61 0.16 0.27 5.50 6.89 0.32 0.18 5.75 7.61 112.70 0.19 0.14 0.55 0.40 4.08 1.82 1.48 1.11 0.49 0.31

0.03 0.03 0.05 0.07 0.12 0.01 0.01 0.02 12.06 0.78 1.10 0.15 0.07 0.09 0.30 0.44 9.01 11.84 0.08 0.07 0.00 0.12 0.12 0.75 0.67 0.01 0.03 0.05 0.03 0.38 0.27 0.05 0.06 0.12 0.14 0.05 0.31 0.05 0.10 0.14 0.01 0.06 0.08 0.05 0.04 0.01 0.02 0.08 0.10 0.04 0.06 0.13 0.00 0.03 0.12 0.10 0.69 0.52 0.05 0.04 0.02 0.03 0.21 0.11 0.48 0.01 0.03 0.05 0.02 0.00 0.02 0.03 0.10 0.15 0.04 0.08 0.01 0.28 0.04 0.01 0.01 0.03 0.10 0.09 0.07 0.07 0.07 0.05 0.01 1.77 0.01 10.65 0.05 0.02 0.02 0.00 0.05 0.06 0.79 0.93 0.21 0.24 0.00 0.01 0.19 0.06 0.16 0.11 0.59 0.07 0.08 1.13 1.62 0.06 0.04 1.90 2.69 65.16 0.10 0.07 0.03 0.01 0.45 0.22 0.68 0.50 0.27 0.10

C 0.11 0.00 0.14 0.33 0.40 0.05 0.00 0.00 13.75 1.59 1.94 0.15 0.13 0.15 2.33 2.88 16.35 20.28 0.17 0.00 0.02 0.17 0.14 3.44 2.64 0.09 0.00 0.08 0.06 0.39 0.32 0.00 0.00 0.19 0.21 0.08 0.39 0.48 0.49 0.60 0.00 0.10 0.52 0.40 0.12 0.00 0.00 0.08 0.10 0.20 0.00 0.00 0.17 0.21 0.20 0.24 0.84 0.70 0.21 0.00 0.09 0.11 0.36 0.23 5.09 0.00 0.07 0.07 0.06 0.11 0.03 0.13 0.23 0.28 0.14 0.08 0.00 0.44 0.00 0.02 0.05 0.04 0.41 0.09 0.08 0.00 0.14 0.11 0.04 1.84 0.03 11.23 0.20 0.16 0.00 0.02 0.16 0.22 1.12 1.38 0.26 0.28 0.03 0.03 0.00 0.19 0.46 0.37 0.00 0.07 0.09 5.27 6.40 0.00 0.00 3.39 4.15 101.26 0.15 0.12 0.23 0.19 3.72 0.87 0.70 0.58 0.34 0.18

(100s)

High Low

Week Last

12-month

Exc Volume

High

Low

Change

Cleghorn Min Cleveland-Clif* Cliffmont Res Clifton Mng* 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* Compass Gold Comstock Mng* Comstock Mtls Comstock Mtls * Condor Gold* Condor Gold Condor Res* Condor Res Conquest Res Conquest Res * Cons Woodjam CONSOL Energy* CONSOL Energy* Constantine Mt* Constantine Mt Contact Gold* Contact Gold CopAur Min Copper Fox Mtl Copper Fox Mtl* Copper Lake Rs Copper Mtn Mng* Copper Mtn Mng Copper One * Copperbank Res Copperbank Res* Cordoba Mnls* Cordoba Mnls Core Assets Cornerstone Ca* Cornerstone Ca Corsa Coal * Corsa Coal Cortus Metals Corvus Gold* Corvus Gold Crest Resource Crest Resource* Crestview Expl Cresval Cap Critical Elem* Critical Elem Cross River* Cross River Crown Mining Crown Mining* Cruz Cobalt* Cruz Cobalt CTGX Mining* Currie Rose Rs CWN M’g Acq Cyon Explor Cypress Dev* Cypress Dev

25 V N 107662 26 V 119 O 693 V 279 O 517 C 547 O 312 V N 26086 757 O 1743 V 50 O 69 V 134 V 3 V 91 V 89 O 654 V 24 O 5 O 108 V 3259 X 229 V 28 O 3 O 26 T 164 O 448 V 1738 V 50 O 1662 V 947 N N 12752 52 O 52 V 327 O 537 V 165 V 2424 V 1178 O 1304 V 1772 O T 14070 1146 O 446 C 501 O 22 O 13 V 1010 C 16 O 81 V 32 O 107 V 327 V 279 D 368 T 1332 C 66 O 353 C 970 V 127 O 686 V 191 O 695 C 2132 V 105 O 150 O 786 C 0 O 55 V 50 V 182 V 462 O 601 V

0.11 19.39 0.17 0.23 0.16 0.14 0.40 0.07 0.08 9.92 0.12 0.15 0.17 0.21 0.70 2.80 0.23 0.18 0.34 0.25 0.15 0.22 4.18 0.10 0.08 0.74 1.08 0.18 0.22 0.14 0.11 0.18 10.05 14.59 0.27 0.27 0.08 0.10 0.82 0.59 0.47 0.06 3.86 4.56 0.14 0.61 0.50 0.97 1.17 0.10 3.59 4.45 0.33 0.39 0.16 2.09 2.57 0.18 0.14 0.71 0.05 1.20 1.49 0.23 0.20 0.24 0.20 0.08 0.10 0.00 0.05 0.07 0.15 0.94 1.16

0.11 0.11 unch 17.00 17.86 0.00 0.15 0.21 0.21 0.15 0.15 unch + 0.11 0.12 0.36 0.36 0.05 0.05 0.06 0.07 unch 8.03 8.08 + 0.10 0.11 + 0.13 0.14 + 0.17 0.17 + 0.21 0.21 + 0.64 0.68 2.80 2.80 unch + 0.22 0.23 0.16 0.16 0.29 0.30 + 0.23 0.25 0.15 0.15 unch 0.19 0.19 + 3.73 3.93 + 0.08 0.09 0.05 0.05 0.67 0.74 unch + 0.00 1.00 + 0.15 0.17 + 0.19 0.21 0.13 0.14 unch 0.11 0.11 + 0.15 0.18 8.73 8.78 13.39 13.42 + 0.21 0.27 + 0.25 0.27 0.08 0.08 0.09 0.10 + 0.68 0.82 + 0.42 0.59 + 0.33 0.46 0.05 0.06 unch + 3.16 3.32 + 4.05 4.10 + 0.10 0.13 0.53 0.55 0.43 0.44 0.00 0.95 1.12 1.15 0.08 0.08 3.26 3.26 3.95 3.95 0.29 0.29 0.34 0.34 0.15 0.15 unch + 1.96 2.05 + 2.42 2.52 + 0.12 0.18 + 0.11 0.14 0.51 0.60 unch + 0.04 0.05 1.05 1.10 1.29 1.34 0.02 0.14 0.17 0.17 + 0.18 0.23 + 0.15 0.19 0.07 0.07 0.09 0.09 unch 0.00 0.03 unch 0.04 0.05 unch 0.07 0.07 unch 0.13 0.13 0.87 0.92 1.08 1.13

Dajin Lithium* Dajin Res Dakota Ter Res* Damara Gold Damara Gold* Danakali* Decade Res Decade Res* Deep-South Res Deep-South Res* DeepRock Min Defense Metals* Defense Metals Defiance Silvr* Defiance Silvr Delrand Res Denarius Silv Denison Mines Denison Mines* Desert Gold* Desert Gold Desert Mtn Egy Diamante Min* Diamcor Mng Diamcor Mng* Diamond Disc* Diamond Fields* Diamond Fields Dios Expl Discovery Harb* Discovery Harb Discovery Min* Discovery Silv Discovery Silv* Discovery-Corp District Cop District Cop* District Metal* District Metal District Mines Ditem Explor* 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 DV Resources Dynacor Gld Mn Dynacor Gld Mn* Dynamic Gold* DynaResource* Dynasty Gold Dynasty Gold* E2Gold Inc E3 Metals* E3 Metals E79 Resources* E79 Resources Eagle Graphite* Eagle Graphite Eagle Plains East Africa East Africa * EastCoal Inc Eastern Platin* Eastern Platin Eastfield Res Eastfield Res* Eco Oro Min Eco Oro Min* Edgemont Gold Edgewater Expl Edison Cobalt Edison Cobalt* El Capitan Prc* El Nino Vent Elcora Adv Mat Elcora Res* Eldorado Gold* Eldorado Gold Eloro Res* Eloro Res Ely Gold Royal Ely Gold Royal* Elysee Dev Elysee Dev * Emerita Res Emerita Res* Emgold Mining Emgold Mining* Eminent Gold Eminent Gold* EMX Royalty*

359 O 501 V 460 O 656 V 117 O 54 O 1896 V 285 O 1868 V 250 O 304 C 1272 O 1390 V 1982 O 2190 V 17 V 725 V 6550 T X 50006 40 O 105 V 623 V 121 O 276 V 29 O 467 O 252 O 168 V 353 V 69 O 730 V O 414960 1648 V 816 O 17 V 620 V 167 O 440 O 581 V 8 V 37 O 104 V 230 O 11 O 320 O 522 V 1206 V 1436 V 681 O 896 N 1635 T 1 O 467 V 5 V 160 T 38 O 3 O 41 O 95 V 5 O 1046 V 363 O 725 V 155 O 749 C 9 O 56 V 376 V 452 V 45 O 0 V 42 O 91 T 231 V 439 O 55 C 3 O 106 C 52 V 3027 V 2 O 6163 O 68 V 199 V 70 O 7291 N 3509 T 323 O 687 V 1727 V 1575 O 46 V 7 O 8213 V 335 O 2693 V 334 O 25 V 8 O 752 X

0.08 0.10 0.73 0.08 0.07 0.43 0.05 0.05 0.25 0.21 0.05 0.40 0.49 0.64 0.78 0.10 0.63 1.37 1.11 0.15 0.20 4.05 0.04 0.13 0.10 0.00 0.31 0.38 0.07 0.07 0.08 0.02 2.37 1.91 0.09 0.04 0.03 0.45 0.45 0.23 0.00 0.24 0.01 0.20 0.57 0.69 1.16 0.33 0.26 10.71 9.50 0.07 0.08 0.13 2.52 2.04 1.00 0.93 0.20 0.16 0.14 2.21 2.75 0.29 0.37 0.14 0.20 0.17 0.35 0.28 0.00 0.30 0.36 0.08 0.07 0.06 0.04 0.20 0.21 0.24 0.17 0.02 0.05 0.09 0.08 11.18 13.88 3.65 4.48 1.23 1.00 0.72 0.58 0.42 0.34 0.08 0.06 0.89 0.62 3.32

High Low

0.00 0.12 0.01 0.01 0.00 0.00 0.05 0.00 0.00 1.55 0.01 0.01 0.05 0.03 0.01 0.00 0.01 0.04 0.01 0.01 0.00 0.03 0.10 0.01 0.03 0.00 0.10 0.03 0.02 0.00 0.01 0.02 0.30 0.15 0.05 0.02 0.00 0.01 0.07 0.17 0.12 0.00 0.20 0.22 0.01 0.02 0.01 0.01 0.05 0.01 0.05 0.22 0.02 0.04 0.00 0.03 0.01 0.05 0.04 0.00 0.02 0.02 0.05 0.02 0.03 0.05 0.03 0.00 0.00 0.00 0.00 0.00 0.02 0.01 0.01

0.15 20.87 0.20 0.35 0.27 0.21 0.82 0.14 0.17 12.60 0.12 0.15 0.35 0.44 0.94 3.25 0.32 0.20 0.50 0.39 0.23 0.32 9.85 0.14 0.17 2.59 1.40 0.50 0.44 0.36 0.26 0.30 12.50 15.89 0.26 0.35 0.20 0.28 0.87 0.57 0.47 0.07 3.86 4.56 0.66 0.82 0.65 1.70 2.21 0.20 5.00 6.53 0.40 0.51 0.35 3.29 4.26 0.22 0.14 2.53 0.16 1.28 1.63 1.22 0.50 0.36 0.29 0.14 0.18 0.20 0.06 0.08 0.38 2.00 2.45

0.06 3.80 0.06 0.07 0.04 0.02 0.13 0.02 0.04 3.79 0.03 0.04 0.05 0.11 0.22 2.00 0.07 0.04 0.18 0.13 0.14 0.17 0.45 0.06 0.01 0.03 0.55 0.00 0.06 0.06 0.10 0.04 3.66 7.97 0.09 0.14 0.08 0.10 0.10 0.07 0.04 0.01 0.31 0.44 0.02 0.14 0.12 0.68 0.96 0.07 1.87 2.55 0.12 0.16 0.12 1.28 1.79 0.04 0.07 0.29 0.02 0.16 0.21 0.01 0.17 0.03 0.02 0.02 0.03 0.00 0.03 0.03 0.13 0.12 0.18

0.00 0.01 0.05 0.01 0.00 0.00 0.00 0.00 0.02 0.02 0.01 0.05 0.06 0.00 0.02 0.01 0.19 0.10 0.07 0.01 0.01 0.40 0.00 0.01 0.00 0.00 0.01 0.02 0.01 0.00 0.01 0.00 0.10 0.06 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.01 0.00 0.03 0.02 0.02 0.03 0.01 0.00 0.68 0.55 0.00 0.00 0.00 0.01 0.01 0.00 0.08 0.01 0.00 0.01 0.23 0.29 0.02 0.10 0.03 0.03 0.01 0.01 0.00 0.00 0.01 0.02 0.01 0.01 0.01 0.00 0.03 0.00 0.02 0.02 0.00 0.00 0.00 0.00 1.17 1.63 0.50 0.55 0.15 0.14 0.06 0.04 0.10 0.10 0.00 0.00 0.09 0.00 0.09

0.16 0.20 0.96 0.20 0.16 0.47 0.14 0.10 0.30 0.21 0.09 0.59 0.75 0.83 1.05 0.33 0.69 2.29 1.81 0.26 0.35 4.59 0.05 0.16 0.12 0.01 1.00 1.25 0.24 0.13 0.16 0.02 2.84 1.93 0.12 0.05 0.04 0.47 0.59 0.36 0.02 0.41 0.09 0.51 0.91 1.17 1.33 0.62 0.50 18.05 10.73 0.13 0.18 0.20 2.62 2.05 3.00 1.10 0.35 0.19 0.24 4.22 5.37 0.73 0.95 0.28 0.38 0.19 0.58 0.39 0.15 0.43 0.57 0.09 0.07 0.10 0.07 0.31 0.27 0.25 0.19 0.02 0.07 0.19 0.16 14.49 18.90 4.65 5.88 2.09 1.54 0.75 0.59 0.42 0.34 0.16 0.12 0.99 0.68 3.81

0.01 0.02 0.13 0.02 0.01 0.22 0.02 0.02 0.04 0.13 0.01 0.09 0.14 0.12 0.17 0.07 0.42 0.41 0.30 0.08 0.10 0.26 0.01 0.06 0.05 0.00 0.06 0.09 0.06 0.03 0.05 0.00 0.44 1.73 0.06 0.01 0.00 0.09 0.13 0.12 0.00 0.14 0.00 0.03 0.19 0.28 0.57 0.06 0.04 8.50 6.15 0.04 0.05 0.06 1.54 1.10 1.00 0.35 0.05 0.03 0.10 0.18 0.23 0.07 0.02 0.02 0.03 0.10 0.09 0.07 0.09 0.15 0.22 0.03 0.02 0.04 0.03 0.10 0.04 0.02 0.12 0.00 0.02 0.02 0.02 7.79 10.43 0.21 0.29 0.78 0.56 0.30 0.21 0.05 0.05 0.05 0.03 0.22 0.47 1.54

D-F 0.07 0.07 0.09 0.10 + 0.65 0.72 + 0.00 0.08 0.00 0.06 unch + 0.36 0.42 0.04 0.05 unch + 0.04 0.05 + 0.22 0.24 + 0.18 0.19 + 0.05 0.05 + 0.34 0.39 + 0.42 0.48 0.57 0.58 0.70 0.70 + 0.00 0.10 + 0.44 0.62 + 1.24 1.32 + 1.00 1.07 0.13 0.15 0.18 0.18 + 3.33 3.85 0.03 0.03 0.11 0.12 + 0.09 0.10 + 0.00 0.00 0.26 0.28 0.33 0.33 + 0.06 0.07 + 0.00 0.07 0.00 0.08 0.01 0.02 2.20 2.22 1.78 1.80 0.09 0.09 unch 0.03 0.03 unch 0.02 0.03 0.32 0.34 0.40 0.41 0.00 0.22 unch 0.00 0.00 unch 0.22 0.23 0.01 0.01 unch + 0.15 0.20 0.52 0.52 0.64 0.65 + 1.10 1.16 0.29 0.31 + 0.24 0.25 9.90 9.91 8.82 8.85 + 0.00 0.07 0.07 0.08 unch 0.13 0.13 unch 2.40 2.43 + 1.85 1.96 0.00 1.00 unch + 0.80 0.82 + 0.00 0.20 + 0.00 0.16 0.10 0.12 1.84 1.84 2.22 2.34 + 0.00 0.25 + 0.24 0.36 + 0.14 0.14 + 0.17 0.17 0.16 0.16 0.00 0.34 0.24 0.27 0.00 0.15 unch + 0.27 0.29 + 0.33 0.36 + 0.07 0.07 + 0.05 0.06 0.05 0.05 + 0.04 0.04 0.16 0.16 0.21 0.21 unch + 0.19 0.21 + 0.00 0.17 + 0.01 0.02 0.05 0.05 unch 0.00 0.08 unch 0.06 0.07 9.83 9.87 12.07 12.14 + 3.01 3.51 + 3.75 4.30 + 1.07 1.21 + 0.85 1.00 0.00 0.65 0.54 0.54 + 0.24 0.35 + 0.19 0.29 0.07 0.07 unch 0.05 0.05 + 0.74 0.89 0.62 0.62 unch + 3.18 3.25

GLOBAL MINING NEWS

(100s) Stock

Exc Volume

THE NORTHERN MINER / MAY 10—23, 2021

Week High

Low 3.95 0.04 0.00 1.17 25.57 20.81 5.25 6.46 0.00 0.35 0.19 0.16 6.59 5.31 0.07 0.03 0.03 0.65 0.80 8.04 9.87 0.08 0.06 0.19 0.15 0.27 0.33 0.12 0.15 23.57 19.11 0.07 0.09 0.09 1.72 2.10 0.18 0.15 0.18 0.23 0.29 0.55 0.37 0.28 0.04 0.05 0.00 0.00 0.11 0.29 0.24 0.09 0.09 0.00 0.05 0.35 2.69 3.30 0.64 0.80 0.10 0.08 0.45 7.43 9.10 0.10 0.13 0.44 0.16 0.08 0.06 0.11 0.16 0.13 0.26 0.21 0.12 3.17 2.56 0.09 0.12 0.97 1.21 0.23 0.19 0.12 0.15 0.64 0.79 0.27 0.35 0.31 0.00 18.40 14.98 0.27 0.33 0.49 28.13 0.47 0.37 0.09 0.07 0.44 0.55 0.06 0.05 0.10 0.11 0.06 0.06 0.10 0.13 0.20 0.14 1.00 1.20 0.75 0.23 17.15 7.24 5.89 0.00 0.00 0.16 0.12 0.33 0.26 1.36 0.46 0.48 0.00 0.34 0.66 138.08 171.01 0.02 0.65 0.26 0.32 36.96 0.16 0.05 11.26 0.87 0.03 0.15 0.11 1.53 1.24 0.08 0.10

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

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

134 131 73 1087 3382 218 10760 1639 63 365 1869 359 1929 12193 199 665 55 175 251 6427 3238 3346 13 768 352 163 854 158 555 888 41 146 231 231 266 413 119 195 350 255 635 160 716 111 17 456 19 13 65 159 56 69 466 1 1 533 129 629 1386 1426 47 93 879 2 1 2954 6911 214 64 646 215 1168 1633 73 477 524 127 1490 48 104 817 137 298 832 312 12 119 17 441 1593 2865 510 39 4738 17844 2610 3061 198 11315 961 996 1757 603 3475 7581 1983 5 5 145 107 1 977 4387 20 655 22 2380 760 16 317 16982 52077 21 2 911 425 1067 703 400 29 167 32 75 603 1704 1569 1225 1043 87 775 97718 316 647 74 429 397 410 43 295 727 682 1038

4.09 0.05 0.07 1.30 28.50 24.00 5.82 7.25 0.31 0.40 0.24 0.20 7.18 5.87 0.07 0.04 0.03 0.68 0.84 8.61 10.70 0.11 0.06 0.21 0.17 0.30 0.37 0.14 0.17 25.54 20.36 0.08 0.10 0.10 1.83 2.28 0.21 0.18 0.21 0.28 0.35 0.59 0.41 0.35 0.04 0.08 0.19 0.22 0.12 0.31 0.26 0.11 0.11 0.00 0.05 0.38 2.96 3.57 0.72 0.89 0.11 0.11 0.59 7.43 9.10 0.15 0.18 0.47 0.38 0.09 0.07 0.12 0.18 0.14 0.33 0.27 0.12 3.59 2.88 0.09 0.15 1.02 1.28 0.28 0.25 0.16 0.21 0.66 0.85 0.31 0.37 0.38 0.31 20.31 16.35 0.31 0.36 0.64 30.68 0.62 0.51 0.11 0.09 0.56 0.69 0.06 0.05 0.10 0.12 0.07 0.06 0.12 0.15 0.20 0.18 1.25 1.57 0.92 0.23 18.40 9.02 7.25 0.85 0.70 0.17 0.14 0.39 0.31 1.70 0.50 0.50 0.41 0.34 0.77 143.18 178.16 0.04 0.72 0.28 0.40 39.98 0.17 0.05 12.87 0.90 0.03 0.29 0.22 1.60 1.31 0.10 0.12

G2 Goldfields* G2 Goldfields Gabriel Res Gabriel Res* Gaia Metals* Gaia Metals Galane Gold * Galane Gold Galantas Gold Galantas Gold* Galiano Gold Galiano Gold* Galleon Gold* Galleon Gold 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*

O V V O O 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

8 513 869 39 51 153 592 784 51 5 420 8880 1857 6285 5 1 45 104 445 213 754 179 249 162 140 135 2536 10 2517 279

0.31 0.36 0.29 0.22 0.07 0.08 0.20 0.25 0.59 0.48 1.69 1.38 0.11 0.14 0.02 0.13 0.16 0.91 1.09 0.25 0.30 0.41 0.50 0.50 0.42 14.88 12.14 0.35 0.95 0.77

Last

12-month Change

(100s)

High Low

Stock

Generic Gold* Generic Gold Genesis Mtls Genesis Mtls* Genius Metals Gensource Pot Gentor Res Geomega Res Geomega Res* Getchell Gold Getchell Gold * Getty Copper GFG Resources GFG Resources* 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 Hunter Rs Gold Line Res Gold Lion Res* Gold Lion Res Gold Mountain* Gold Mountain Gold Port Gold Reserve* Gold Reserve Gold Resource* Gold Royalty* Gold Std Vents* Gold Std Vents Gold X Mining Gold’n Futures Gold79 Mines Gold79 Mines* Goldbank Mng Goldbank Mng* Goldbelt Emp Goldblock Cap Goldcliff Res* Goldcliff Res Golden Arrow Golden Arrow* Golden Band* Golden Birch Golden Dawn Ml* Golden Dawn Ml Golden Goliath Golden Goliath* Golden Harp Golden Hope Golden Hope* Golden Indepen Golden Lake Golden Mnls Golden Mnls* Golden Pursuit* Golden Pursuit Golden Ridge Golden Secret Golden Share Golden Star Golden Star* Golden Star* Golden Sun* Golden Tag Golden Tag* Golden Valley Golden Valley* Goldex Res Goldex Res* Goldgroup Mng* Goldgroup Mng GoldHaven Res* Goldhills Hldg* Goldhills Hldg GoldMining GoldON Res GoldON Res* Goldplay Min GoldQuest Mng Goldrea Res Goldrea Res* Goldrich Mng* Goldseek Res Goldsource Min* Goldsource Min Goldstar Mnls Goldstar Mnls* Goliath Res* Goliath Res Gossan Res GoviEx Uranium GoviEx Uranium* Gowest Gold Gowest Gold* GPM Metals* GPM Metals GR Silver* GR Silver Gran Colombia Gran Colombia* Granada Gold Granada Gold* Grande Portage* Grande Portage Granite Creek* Granite Creek Graphite One Graphite One* Gratomic* Gratomic Graycliff Exp Great Atlantic Great Bear Res* Great Bear Res Great Lakes Gr* Great Panther* Great Panther Great Thunder* Green Battery Green River* Green River Green Swan Cap Green Valley M Greencastle Rs Greenland M&En* Greenshield Ex Grenville Gold Grenville Gold* Grid Metals Grid Metals* Grizzly Discvr* Grizzly Discvr Grosvenor Res Group Eleven Group Ten Mtls* Group Ten Mtls GrowMax Res* GSP Resource GT Gold GT Gold * GTA Resources*

4.01 + 0.05 unch 0.06 1.29 + 25.59 20.82 5.28 6.48 0.28 + 0.38 + 0.23 + 0.19 + 6.75 5.51 0.07 0.04 + 0.03 0.66 + 0.82 + 8.09 9.94 0.10 + 0.06 unch 0.21 + 0.17 + 0.28 0.35 0.14 + 0.16 + 24.27 + 19.80 + 0.08 0.10 + 0.10 + 1.73 2.13 0.19 0.15 0.18 0.25 0.29 0.57 unch 0.37 0.30 0.04 unch 0.08 + 0.16 0.19 0.11 0.31 + 0.25 0.10 + 0.10 + 0.09 unch 0.05 unch 0.37 2.70 3.30 0.66 + 0.81 + 0.10 0.09 + 0.49 + 7.43 unch 9.10 0.12 0.15 0.46 unch 0.38 + 0.08 unch 0.07 + 0.12 + 0.16 0.13 0.31 + 0.25 + 0.12 unch 3.59 + 2.88 + 0.09 + 0.13 1.02 + 1.25 0.27 + 0.22 + 0.16 + 0.18 + 0.65 0.80 0.29 + 0.35 + 0.38 + 0.29 + 18.62 15.09 0.28 0.34 0.55 + 28.33 + 0.61 + 0.50 + 0.11 + 0.09 + 0.56 + 0.69 + 0.06 + 0.05 unch 0.10 unch 0.11 0.06 0.06 unch 0.11 + 0.14 + 0.20 unch 0.15 1.17 + 1.43 + 0.91 + 0.23 unch 17.44 + 7.40 6.03 0.81 + 0.70 + 0.16 0.13 + 0.36 + 0.28 + 1.36 0.48 0.48 0.40 0.34 + 0.68 + 139.24 171.23 0.04 + 0.70 0.26 0.32 37.71 + 0.16 0.05 11.50 0.88 0.03 0.27 unch 0.22 + 1.53 1.27 0.09 + 0.11 unch

0.06 0.00 0.01 0.12 2.91 2.04 0.47 0.71 0.00 0.05 0.03 0.03 0.14 0.03 0.01 0.01 0.01 0.01 0.02 0.49 0.73 0.02 0.00 0.01 0.00 0.01 0.03 0.01 0.01 0.85 0.87 0.00 0.01 0.01 0.08 0.12 0.01 0.01 0.02 0.01 0.04 0.00 0.02 0.01 0.00 0.02 0.02 0.03 0.00 0.01 0.01 0.01 0.01 0.00 0.00 0.01 0.18 0.27 0.03 0.02 0.01 0.01 0.06 0.00 0.30 0.02 0.03 0.00 0.01 0.00 0.01 0.01 0.01 0.00 0.01 0.00 0.00 0.39 0.31 0.01 0.01 0.01 0.01 0.04 0.04 0.04 0.02 0.01 0.03 0.00 0.01 0.03 0.01 1.63 1.13 0.01 0.03 0.02 0.76 0.10 0.09 0.01 0.01 0.10 0.12 0.01 0.00 0.00 0.01 0.01 0.00 0.01 0.02 0.00 0.02 0.19 0.22 0.17 0.00 0.50 2.24 1.68 0.01 0.02 0.01 0.00 0.02 0.01 0.28 0.01 0.01 0.01 0.06 0.02 3.42 6.81 0.01 0.01 0.02 0.04 1.17 0.01 0.01 1.06 0.02 0.01 0.00 0.11 0.05 0.01 0.00 0.00

4.83 0.10 0.12 1.45 39.21 30.33 6.91 8.63 0.34 0.44 0.38 0.28 9.75 7.83 0.21 0.08 0.05 0.68 0.85 13.66 17.99 0.37 0.27 0.33 0.25 0.55 0.71 0.19 0.25 25.54 20.36 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 0.95 0.71 0.90 0.23 0.15 0.11 0.62 3.90 6.15 0.94 1.19 0.20 0.11 0.63 8.34 10.50 0.60 0.40 0.60 0.72 0.25 0.19 0.15 0.31 0.24 0.63 0.56 0.17 3.75 2.95 0.15 0.26 1.33 1.75 0.33 0.25 0.22 0.16 0.97 1.31 0.37 0.46 0.62 0.31 30.75 24.01 0.47 0.60 0.76 31.57 0.61 1.10 0.17 0.13 0.55 0.69 0.07 0.05 0.21 0.27 0.20 0.36 0.22 0.28 0.26 0.48 1.11 1.29 0.99 0.30 20.40 12.61 9.85 1.56 1.21 0.27 0.22 0.42 0.35 5.34 0.60 0.51 0.41 0.34 0.94 166.11 222.15 0.15 1.95 0.89 0.84 39.98 0.95 0.17 18.11 1.39 0.04

2.20 0.02 0.02 0.18 23.12 17.33 1.35 1.89 0.03 0.05 0.08 0.06 1.91 1.38 0.05 0.03 0.02 0.20 0.28 7.72 9.76 0.05 0.06 0.05 0.03 0.14 0.20 0.02 0.03 14.31 10.42 0.05 0.06 0.06 0.12 0.15 0.17 0.06 0.09 0.18 0.20 0.05 0.28 0.19 0.00 0.01 0.14 0.10 0.00 0.22 0.00 0.05 0.05 0.02 0.01 0.28 2.20 2.23 0.39 0.55 0.05 0.06 0.19 3.02 3.49 0.07 0.04 0.27 0.18 0.06 0.02 0.04 0.02 0.01 0.22 0.16 0.02 1.31 0.97 0.03 0.05 0.48 0.68 0.07 0.10 0.02 0.11 0.25 0.36 0.09 0.12 0.08 0.25 10.16 7.20 0.15 0.21 0.09 7.34 0.16 0.11 0.04 0.03 0.14 0.19 0.01 0.01 0.03 0.04 0.05 0.04 0.01 0.02 0.14 0.10 0.08 0.10 0.12 0.10 7.10 4.00 2.86 0.64 0.44 0.05 0.03 0.08 0.05 1.07 0.37 0.10 0.06 0.04 0.13 105.62 133.63 0.00 0.08 0.18 0.32 7.81 0.13 0.05 8.10 0.15 0.01

0.13 7.78 3.94 0.26 0.33

0.00 1.44 1.08 0.02 0.03

0.28 0.28 0.35 0.36 unch 0.26 0.26 0.19 0.21 0.06 0.07 + 0.08 0.08 0.18 0.19 0.21 0.24 0.48 0.56 + 0.39 0.48 + 1.41 1.58 + 1.13 1.29 + 0.08 0.11 + 0.10 0.13 + 0.02 0.02 unch 0.11 0.11 0.00 0.14 0.77 0.83 + 0.98 0.99 + 0.21 0.23 + 0.26 0.28 + 0.36 0.36 0.45 0.45 0.48 0.49 0.39 0.40 + 13.05 14.14 + 10.47 11.48 + 0.00 0.35 + 0.86 0.88 0.67 0.73 -

0.02 0.00 0.01 0.01 0.00 0.01 0.01 0.01 0.10 0.10 0.11 0.12 0.02 0.02 0.00 0.02 0.03 0.05 0.02 0.01 0.02 0.04 0.06 0.01 0.00 1.12 1.09 0.01 0.04 0.01

0.87 1.20 0.59 0.44 0.13 0.18 0.30 0.41 0.59 0.48 2.80 2.12 0.14 0.20 0.03 3.95 0.39 1.57 2.09 0.29 0.36 0.68 0.97 0.86 0.70 31.08 24.00 0.50 1.20 0.95

0.25 0.35 0.20 0.15 0.04 0.06 0.06 0.08 0.22 0.16 1.28 1.01 0.04 0.06 0.01 0.07 0.11 0.23 0.33 0.03 0.04 0.20 0.39 0.40 0.33 7.77 5.78 0.16 0.39 0.21

G-H

Exc Volume O 12 C 753 V 237 O 35 C 413 V 1378 V 11 V 1708 O 130 C 331 O 45 V 54 V 242 O 182 O 30 V 300 O 63 V 251 O 495 V 722 V 262 O 150 O 428 V 3345 V 50 V 320 O 1 V 218 O 506 O 11 V 707 O 212 O 1299 O 383 T 1428 O 875 V 360 O 154 V 421 O 0 O 191 C 453 O 1 O 37 T 345 O 358 V 408 O 1506734 O 62 C 317 V 7 T 2265 C 19 C 142 O 103 V 87 O 0 N 20654 O 763 V 3481 C 122 V 715 O 40 C 278 O 440 V 1281 C 42 O 118 V 35 X 4340 X 407 X 7744 T 248 V 527 C 295 V 231 O 64 V 4 O 1 V 175 C 12 O 27 V 406 V 718 O 169 O 998 C 332 O 3 V 19 V 962 O 160 V 2 V 101 O 3 C 524 C 2126 T 73 X 6633 O 25 V 54 V 609 V 144 V 3 T 67 O 0 X 1332 O 1 V 670 O 488 V 11 O 2 V 185 O 4 O 146 T 658 O 797 O 15 V 362 T 1032 V 221 O 30 V 372 V 2602 C 82 O 69 O 358 C 233 O 338 V 6788 V 397 O 7 O 120 V 496 V 491 V 2656 O 1907 V 122 O 28 O 150 V 495 O 474 V 855 T 1385 O 400 V 834 O 135 O 318 V 382 O 654 V 458 V 114 O 214 O 384 V 2532 C 871 V 113 O 61 V 268 O 1126 X 5590 T 704 O 218 V 3798 O 2 C 392 V 116 V 44 V 170 O 2509 V 126 C 52 O 2 V 921 O 194 O 1110 V 306 V 2 V 497 O 1095 V 1696 O 148 V 222 V 503 O 11 O 2

Week High 0.38 0.55 0.20 0.16 0.22 0.23 0.08 0.53 0.44 0.47 0.38 0.08 0.17 0.14 0.16 0.18 0.10 0.12 0.39 0.45 0.10 0.09 0.44 0.59 0.14 0.13 0.12 0.23 0.20 0.05 0.06 4.28 8.50 2.37 2.90 0.28 0.34 0.21 0.25 2.70 0.11 0.14 0.12 0.81 0.95 0.30 0.37 0.00 0.03 0.04 0.27 2.63 0.23 0.41 0.37 0.44 0.00 10.11 0.14 0.17 0.53 0.35 0.18 0.20 2.14 2.64 0.17 1.39 1.68 2.85 5.00 0.62 0.76 3.74 0.15 0.10 0.08 0.13 0.10 0.02 0.32 0.08 0.10 0.18 0.14 0.00 0.14 0.10 0.15 0.09 0.08 0.22 0.40 0.32 0.28 0.40 0.93 0.77 0.11 0.16 0.14 5.02 0.13 4.57 0.00 3.72 1.45 0.42 0.34 7.14 5.76 0.09 0.07 0.03 0.04 0.47 0.18 0.25 2.08 0.35 0.29 0.19 0.26 0.06 0.05 0.06 0.23 0.11 0.13 0.14 0.10 0.61 0.75 0.16 0.33 0.27 0.35 0.28 0.06 0.09 0.52 0.64 5.50 4.45 0.15 0.12 0.33 0.40 0.17 0.22 1.42 1.15 1.12 1.34 0.81 0.44 12.14 15.10 0.01 0.82 1.03 0.30 0.30 0.06 0.08 0.06 0.95 0.16 0.07 0.17 0.23 0.18 0.25 0.20 0.05 0.06 0.00 0.18 0.41 0.51 0.04 0.30 3.24 2.62 0.00

Low

Last

12-month Change

0.37 0.37 0.40 0.47 unch 0.19 0.19 0.15 0.15 0.18 0.22 + 0.21 0.21 0.08 0.08 unch 0.46 0.52 unch 0.38 0.40 0.43 0.46 + 0.35 0.38 + 0.07 0.07 0.15 0.15 0.12 0.12 0.15 0.15 unch 0.00 0.18 + 0.09 0.10 + 0.10 0.12 0.32 0.33 0.40 0.41 0.09 0.09 0.07 0.07 0.37 0.44 0.45 0.59 + 0.14 0.14 unch 0.10 0.12 0.12 0.12 unch 0.21 0.23 + 0.17 0.18 + 0.05 0.05 + 0.05 0.06 unch 4.08 4.10 8.10 8.10 2.02 2.31 + 2.50 2.88 + 0.25 0.26 0.31 0.32 0.16 0.19 + 0.20 0.25 + 0.00 1.74 0.10 0.10 0.12 0.13 + 0.12 0.12 unch 0.00 0.76 + 0.89 0.93 + 0.27 0.28 + 0.33 0.34 + 0.00 0.00 0.03 0.03 0.00 0.04 unch 0.00 0.22 2.50 2.59 + 0.20 0.23 + 0.36 0.41 + 0.00 0.35 + 0.40 0.44 + 0.00 8.00 unch 9.27 9.38 0.11 0.12 + 0.13 0.16 + 0.45 0.53 0.28 0.33 0.16 0.16 0.00 0.17 1.70 2.14 + 2.09 2.63 + 0.15 0.15 unch 1.27 1.30 1.55 1.59 2.68 2.69 4.52 4.83 + 0.58 0.58 0.71 0.71 3.50 3.51 0.12 0.13 0.09 0.09 + 0.07 0.08 + 0.13 0.13 unch 0.00 0.10 + 0.02 0.02 unch 0.32 0.32 unch 0.07 0.07 0.00 0.09 0.17 0.17 unch 0.14 0.14 + 0.00 0.00 0.10 0.11 0.10 0.10 unch 0.00 0.15 unch 0.08 0.08 0.06 0.07 0.00 0.22 unch 0.37 0.37 0.30 0.30 0.25 0.26 0.34 0.36 + 0.85 0.90 + 0.69 0.73 + 0.11 0.11 unch 0.14 0.16 + 0.12 0.12 4.45 4.86 0.00 0.13 + 4.21 4.21 0.00 2.50 unch 3.43 3.43 0.00 1.45 + 0.38 0.39 0.30 0.31 6.80 6.80 5.45 5.60 + 0.08 0.08 + 0.06 0.06 0.03 0.03 + 0.04 0.04 unch 0.36 0.47 + 0.00 0.18 + 0.21 0.24 1.96 1.97 0.32 0.33 0.26 0.26 0.18 0.18 0.22 0.25 + 0.05 0.06 + 0.03 0.04 + 0.05 0.06 + 0.20 0.22 unch 0.09 0.11 + 0.11 0.13 + 0.12 0.13 0.10 0.10 unch 0.56 0.60 + 0.69 0.72 0.12 0.16 + 0.27 0.30 + 0.22 0.25 + 0.30 0.30 0.25 0.25 0.06 0.06 unch 0.08 0.09 + 0.48 0.50 0.60 0.61 5.12 5.14 4.18 4.18 0.13 0.13 0.10 0.11 0.30 0.31 + 0.37 0.37 0.16 0.17 + 0.19 0.21 + 1.27 1.33 1.02 1.07 0.99 1.05 + 1.22 1.32 + 0.66 0.70 0.42 0.42 11.51 11.93 + 14.27 14.64 + 0.00 0.01 0.77 0.77 0.95 0.95 0.27 0.29 + 0.18 0.26 + 0.06 0.06 0.07 0.07 0.00 0.06 0.76 0.80 0.15 0.16 unch 0.06 0.06 + 0.17 0.17 unch 0.21 0.21 0.17 0.17 0.15 0.23 + 0.13 0.19 + 0.04 0.05 + 0.05 0.05 0.00 0.17 unch 0.13 0.16 + 0.33 0.38 + 0.41 0.47 + 0.03 0.03 0.23 0.28 + 3.23 3.24 unch 0.00 2.62 + 0.00 0.00 unch

0.01 0.00 0.01 0.01 0.04 0.01 0.00 0.00 0.02 0.02 0.01 0.01 0.03 0.02 0.00 0.01 0.00 0.01 0.01 0.03 0.01 0.00 0.00 0.10 0.00 0.14 0.00 0.01 0.01 0.00 0.00 0.02 0.13 0.19 0.21 0.01 0.02 0.03 0.05 0.25 0.01 0.01 0.00 0.05 0.03 0.01 0.01 0.00 0.00 0.00 0.08 0.02 0.03 0.01 0.01 0.03 0.00 0.54 0.00 0.01 0.07 0.03 0.01 0.01 0.43 0.52 0.00 0.04 0.08 0.14 0.31 0.00 0.01 0.19 0.02 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.03 0.00 0.00 0.01 0.00 0.00 0.02 0.01 0.03 0.01 0.04 0.03 0.00 0.03 0.02 0.04 0.01 0.36 0.00 0.24 0.80 0.01 0.00 0.02 0.06 0.01 0.01 0.00 0.00 0.10 0.03 0.01 0.06 0.02 0.03 0.01 0.02 0.01 0.00 0.00 0.00 0.01 0.02 0.01 0.00 0.00 0.03 0.04 0.03 0.03 0.03 0.03 0.00 0.01 0.01 0.01 0.28 0.14 0.02 0.01 0.00 0.01 0.01 0.02 0.07 0.07 0.01 0.05 0.05 0.04 0.33 0.15 0.00 0.03 0.06 0.01 0.07 0.00 0.01 0.01 0.15 0.00 0.00 0.00 0.02 0.01 0.06 0.05 0.00 0.01 0.00 0.01 0.04 0.05 0.01 0.05 0.00 0.03 0.00

High Low 0.38 0.61 0.40 0.38 0.32 0.25 0.08 0.60 0.47 0.69 0.55 0.11 0.31 0.24 0.29 0.45 0.22 0.30 1.84 2.44 0.21 0.14 0.70 0.87 0.22 0.46 0.13 0.48 0.37 0.09 0.12 4.40 8.67 2.36 2.90 1.52 1.93 0.28 0.35 2.70 0.21 0.27 0.80 0.86 1.07 0.30 0.40 0.00 0.12 0.16 0.35 2.88 0.60 0.50 0.56 0.71 15.00 14.90 0.23 0.23 0.95 0.76 0.52 0.75 2.00 2.50 0.30 2.02 2.70 5.04 5.20 1.14 1.50 4.62 0.35 0.14 0.11 0.18 0.11 0.05 0.32 0.13 0.16 0.22 0.20 0.01 0.26 0.14 0.20 0.38 0.32 0.44 0.50 0.34 0.72 0.70 1.65 1.30 0.25 0.38 0.31 5.44 0.20 6.89 3.49 5.20 5.10 0.65 0.60 8.32 6.43 0.12 1.10 0.07 0.10 0.87 0.19 0.28 3.85 1.14 0.86 0.20 0.50 0.08 0.05 0.10 0.59 0.14 0.19 0.30 0.12 0.74 0.94 0.17 0.39 0.32 0.51 0.39 0.08 0.11 0.74 0.95 8.40 6.61 0.34 0.26 0.52 0.68 0.20 0.25 2.40 1.89 1.51 1.84 2.86 0.88 14.62 19.83 0.02 1.16 1.47 0.73 0.72 0.07 0.10 0.12 1.81 0.26 0.30 0.20 0.35 0.28 0.34 0.27 0.07 0.10 0.20 0.18 0.50 0.51 0.07 0.67 3.24 2.62 0.00

0.28 0.05 0.18 0.14 0.14 0.09 0.03 0.13 0.08 0.19 0.13 0.02 0.14 0.11 0.05 0.06 0.05 0.06 0.11 0.16 0.05 0.01 0.05 0.08 0.10 0.20 0.07 0.17 0.13 0.04 0.05 1.58 3.13 0.36 0.48 0.04 0.06 0.11 0.10 0.55 0.03 0.04 0.00 0.24 0.32 0.10 0.12 0.00 0.01 0.03 0.20 0.69 0.20 0.15 0.02 0.03 7.40 6.97 0.03 0.05 0.30 0.24 0.14 0.13 1.06 0.76 0.09 1.17 1.50 2.48 3.39 0.50 0.63 1.97 0.11 0.04 0.02 0.09 0.06 0.02 0.13 0.05 0.07 0.14 0.09 0.00 0.03 0.02 0.08 0.06 0.00 0.11 0.13 0.24 0.22 0.12 0.29 0.21 0.10 0.13 0.12 0.90 0.05 3.12 0.17 2.20 0.00 0.05 0.05 4.80 4.92 0.06 0.04 0.01 0.02 0.11 0.12 0.08 1.43 0.33 0.26 0.18 0.14 0.02 0.01 0.01 0.20 0.07 0.09 0.09 0.10 0.10 0.12 0.03 0.12 0.09 0.15 0.11 0.03 0.04 0.20 0.29 5.22 3.85 0.11 0.07 0.15 0.20 0.08 0.05 0.20 0.15 0.05 0.06 0.30 0.35 7.46 8.97 0.00 0.38 0.54 0.27 0.06 0.04 0.05 0.02 0.20 0.04 0.05 0.14 0.07 0.05 0.10 0.07 0.03 0.04 0.12 0.04 0.13 0.18 0.01 0.14 1.11 0.86 0.00

(100s) Stock

Exc Volume

Week High

Low

Last

0.11 0.03 0.00 0.53 0.00 0.09 0.12 0.00 0.04 0.07 0.09 0.39 0.31 0.43 0.07 0.28 0.36 4.53 0.15 0.12 0.00 0.16 0.03 0.03 0.11 5.84 0.94 1.16 1.50 0.00 0.41 0.07 0.00 1.01 1.25 0.09 0.10 0.31 0.04 0.03 2.54 0.12 0.10 0.14 7.19 8.89 0.17 0.13 0.09 0.11 0.00 0.03 2.45

0.11 0.04 0.05 0.53 0.67 0.10 0.14 0.04 0.04 0.08 0.10 0.42 0.35 0.47 0.08 0.28 0.37 4.54 0.15 0.12 0.13 0.16 0.03 0.03 0.12 5.91 0.97 1.18 1.90 0.36 0.41 0.07 0.02 1.04 1.26 0.10 0.13 0.39 0.04 0.03 2.54 0.14 0.11 0.14 7.47 9.18 0.17 0.15 0.10 0.12 0.30 0.03 2.46

Guardian Exp 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* Hawkmoon Res Hecla Mining* Heliostar Met* Heliostar Met Hemcare Health* Hemlo Expl* Hemlo Expl HFX Holding Highbank Res HighGold* HighGold Highland Copp* Highland Copp Highway 50 Gld HiHo Silver HiHo Silver* Hochschild Mg* Honey Badger Honey Badger* Horizonte Mnls HudBay Min* HudBay Min Hudson Res Hudson Res* Hunt Mng* Hunt Mng Hybrid Mineral Hylands Intl i-80 Gold

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

81 74 113 15 1 14 247 4 203 30 162 308 143 43 152 38 479 19658 1715 375 0 131 98 105 1708 37983 139 218 108 1 84 87 25 78 240 539 2238 186 679 165 55 1868 477 159 6440 9647 185 186 109 312 16 2 1045

0.15 0.04 0.05 0.54 0.00 0.15 0.18 0.04 0.07 0.08 0.12 0.45 0.35 0.47 0.08 0.31 0.38 4.97 0.16 0.13 0.13 0.16 0.03 0.03 0.14 6.56 1.00 1.24 2.08 0.36 0.49 0.10 0.02 1.10 1.38 0.11 0.13 0.39 0.04 0.04 2.71 0.14 0.15 0.15 7.93 9.75 0.20 0.17 0.12 0.13 0.30 0.03 2.86

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

O 112 V 290 T 4518 N 14882 O 151 V 243 O 85 O 586 C 629 V 41 C 241 C 473 O 277 O 64 V 535 V 947 O 2 O 34 T 202 O 164 V 2201 O 4 V 53 O 4316 V 441 O 15 O 0 V 115 O 427 V 612 C 310 O 108 V 116 V 16 V 766 X 268 V 10 O 10 V 18 O 0 O 208 C 130 O 5 V 27 O 109 C 2640 O 83 V 576 V 330 O 919 V 93 V 688 O 34 O 175124 X 641 T 67 V 651 O 34 N 476 O 21 T 161 O 22 V 328 V 72 O 100 O 332 V 647 O 217 C 141 V 421 O 41 V 65 O 749 O 890 T 11823 C 25 O 221 V 58 O 0 V 90 T 562 O 426 O 62 V 230 O 1 V 1 O 106 V 320 V 523 O 26 V 35 V 258 O 490 O 11 C 49 T 1155 O 538 V 4463 V 0 O 228 O 90 V 25 O 61 V 420 O 400 T 3508 O 588 V 90 V 868 O 58 V 34 V 251 C 3 T 30 V 96 O 457 O 1222574 O 101 V 875 V 302 V 2139 V 527 O 70 V 977 V 0 O 2 O 57 V 782 O 8

0.04 0.05 4.16 3.35 0.10 0.28 0.22 0.16 0.19 0.04 0.23 0.25 0.20 0.09 0.12 0.73 21.00 4.38 5.38 0.18 0.20 0.31 0.39 0.02 0.17 0.14 0.00 0.09 0.07 0.09 0.34 0.03 0.12 0.09 3.85 3.10 0.43 0.35 0.18 0.00 0.58 0.72 0.04 0.08 0.02 0.03 2.52 2.03 0.09 0.07 0.02 0.17 0.12 0.00 1.10 1.36 0.18 0.13 34.49 0.00 0.46 0.14 0.16 0.04 0.03 0.79 0.44 1.71 2.14 2.82 0.57 0.70 0.21 7.55 9.19 0.40 0.07 0.08 0.00 0.06 7.33 5.91 0.31 0.38 0.10 0.00 0.06 0.08 0.19 0.14 0.31 0.47 0.38 0.15 0.19 0.74 0.08 0.07 0.00 0.24 0.31 0.39 1.25 0.38 0.30 8.11 6.58 0.36 0.07 0.05 0.52 1.13 0.18 0.21 0.62 3.26 0.00 0.03 0.04 0.93 0.04 0.19 0.15 0.19 0.00 0.19 0.22 0.28 0.04

12-month Change

High Low

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

0.02 0.00 0.00 0.00 0.00 0.01 0.02 0.01 0.00 0.00 0.01 0.01 0.01 0.00 0.01 0.02 0.01 0.25 0.01 0.00 0.01 0.01 0.01 0.00 0.02 0.46 0.04 0.09 0.19 0.00 0.08 0.03 0.00 0.04 0.09 0.02 0.03 0.08 0.00 0.00 0.19 0.01 0.00 0.01 0.12 0.01 0.02 0.02 0.02 0.00 0.02 0.00 0.34

0.20 0.08 0.10 0.67 0.93 0.16 0.40 0.06 0.15 0.11 0.16 0.62 0.49 2.94 0.15 0.39 0.62 7.61 0.22 0.16 0.20 0.29 0.05 0.04 0.20 8.45 1.30 2.25 2.11 0.81 1.11 0.35 0.03 2.44 3.14 0.12 0.15 0.42 0.09 0.21 4.35 0.18 0.21 0.20 8.54 10.67 0.38 0.29 0.15 0.20 0.75 0.06 3.05

0.10 0.03 0.04 0.32 0.48 0.07 0.09 0.01 0.01 0.01 0.03 0.17 0.12 0.39 0.07 0.18 0.20 2.93 0.10 0.07 0.04 0.06 0.01 0.00 0.10 2.30 0.10 0.38 0.56 0.07 0.26 0.02 0.01 0.72 0.99 0.01 0.02 0.06 0.02 0.01 1.60 0.01 0.00 0.05 1.86 2.85 0.08 0.05 0.01 0.04 0.06 0.03 2.26

0.03 0.03 0.04 0.04 unch 3.83 3.84 3.12 3.13 0.08 0.09 + 0.25 0.27 + 0.00 0.21 0.13 0.14 0.17 0.17 0.03 0.03 0.19 0.19 0.21 0.24 + 0.16 0.19 + 0.09 0.09 0.10 0.10 0.63 0.66 20.00 20.00 + 3.88 4.00 + 4.83 4.96 + 0.14 0.15 + 0.18 0.18 unch 0.00 0.31 + 0.37 0.38 + 0.02 0.02 unch 0.15 0.16 0.12 0.12 0.00 0.07 unch 0.09 0.09 + 0.06 0.06 + 0.08 0.08 + 0.31 0.32 0.02 0.03 + 0.11 0.11 0.07 0.07 3.51 3.83 + 2.87 2.96 0.42 0.42 0.35 0.35 + 0.00 0.18 unch 0.00 0.11 unch 0.52 0.57 + 0.65 0.72 + 0.04 0.04 unch 0.00 0.08 unch 0.02 0.02 0.00 0.24 1.47 1.61 + 1.81 2.00 + 0.09 0.09 unch 0.07 0.07 + 0.02 0.02 0.13 0.15 + 0.11 0.12 + 0.00 0.00 + 1.00 1.02 1.23 1.23 0.13 0.17 + 0.10 0.13 + 30.13 32.16 + 0.00 0.37 unch 0.43 0.44 0.11 0.11 0.14 0.15 unch 0.00 0.04 + 0.03 0.03 unch 0.32 0.33 + 0.41 0.41 1.54 1.55 1.89 1.91 2.40 2.82 + 0.00 0.57 + 0.66 0.70 + 0.15 0.19 6.96 7.05 + 8.61 8.67 0.35 0.40 + 0.05 0.05 + 0.00 0.07 0.00 0.03 unch 0.04 0.04 6.83 6.92 + 5.55 5.64 + 0.29 0.29 + 0.36 0.36 + 0.10 0.10 unch 0.00 0.07 unch 0.05 0.05 0.07 0.08 unch 0.18 0.18 + 0.00 0.14 + 0.30 0.30 unch 0.42 0.45 + 0.33 0.35 + 0.00 0.15 + 0.17 0.19 + 0.71 0.72 + 0.05 0.06 0.05 0.06 0.00 0.82 unch 0.20 0.24 + 0.26 0.29 0.00 0.39 + 0.70 0.82 0.34 0.38 + 0.25 0.28 + 7.66 8.02 + 6.16 6.53 + 0.31 0.35 + 0.05 0.06 + 0.00 0.05 + 0.40 0.48 + 0.95 1.00 0.15 0.15 unch 0.00 0.21 + 0.40 0.56 + 3.03 3.12 0.00 0.00 + 0.03 0.03 unch 0.04 0.04 unch 0.85 0.93 + 0.03 0.04 unch 0.17 0.18 unch 0.14 0.15 + 0.15 0.17 0.00 0.26 unch 0.18 0.18 0.18 0.21 + 0.23 0.25 + 0.03 0.03 unch

0.01 0.00 0.33 0.21 0.02 0.01 0.01 0.01 0.02 0.01 0.05 0.01 0.01 0.00 0.01 0.07 0.85 0.12 0.11 0.01 0.00 0.02 0.01 0.00 0.01 0.02 0.00 0.01 0.00 0.01 0.01 0.00 0.01 0.02 0.07 0.03 0.03 0.00 0.00 0.00 0.04 0.07 0.00 0.00 0.23 0.06 0.16 0.20 0.00 0.00 0.01 0.01 0.02 0.00 0.07 0.16 0.04 0.03 2.03 0.00 0.02 0.01 0.00 0.01 0.00 0.00 0.01 0.12 0.18 0.44 0.02 0.02 0.01 0.09 0.03 0.05 0.01 0.01 0.00 0.02 0.16 0.22 0.01 0.01 0.00 0.00 0.00 0.00 0.01 0.04 0.00 0.03 0.00 0.01 0.01 0.02 0.01 0.01 0.00 0.02 0.01 0.03 0.38 0.02 0.00 0.21 0.29 0.01 0.02 0.02 0.06 0.10 0.00 0.01 0.14 0.13 0.00 0.00 0.00 0.02 0.00 0.00 0.00 0.01 0.00 0.01 0.03 0.02 0.00

0.05 0.06 7.07 5.35 0.14 0.37 0.30 0.47 0.44 0.05 0.25 0.72 0.53 0.19 0.25 1.25 21.00 4.90 6.25 0.90 0.24 0.67 0.86 0.05 0.23 0.17 0.07 0.15 0.19 0.23 0.63 0.14 0.25 0.12 5.90 5.50 0.48 0.36 0.26 0.20 0.78 0.99 0.04 0.10 0.81 1.08 1.99 2.61 0.16 0.13 0.04 0.23 0.15 0.00 2.27 3.07 0.22 0.17 39.19 0.78 1.11 0.26 0.33 0.05 0.04 1.40 0.67 3.36 4.42 3.49 0.67 0.83 0.30 7.55 9.19 0.42 0.09 0.15 0.04 0.08 11.30 9.30 0.38 0.47 0.13 0.18 0.09 0.14 0.20 0.14 0.38 0.55 0.45 1.75 0.30 0.91 0.20 0.18 0.90 0.24 0.41 0.52 2.25 0.96 0.65 8.95 7.16 0.40 0.06 0.05 0.52 1.95 0.30 0.33 1.28 3.57 0.00 0.06 0.08 1.75 0.06 0.47 0.37 0.24 0.60 0.44 0.25 0.57 0.05

0.01 0.03 3.61 2.86 0.02 0.05 0.02 0.09 0.14 0.01 0.06 0.10 0.07 0.06 0.08 0.37 8.64 1.17 1.62 0.08 0.04 0.20 0.33 0.01 0.05 0.03 0.02 0.06 0.04 0.04 0.27 0.00 0.03 0.04 2.75 2.65 0.21 0.15 0.09 0.08 0.05 0.08 0.01 0.01 0.05 0.06 0.02 0.15 0.04 0.02 0.01 0.09 0.07 0.00 0.45 0.63 0.03 0.02 7.60 0.20 0.26 0.08 0.10 0.02 0.01 0.13 0.27 1.34 1.71 0.51 0.16 0.22 0.04 1.84 2.61 0.20 0.03 0.05 0.02 0.01 2.85 1.25 0.17 0.25 0.03 0.04 0.03 0.05 0.01 0.00 0.14 0.13 0.08 0.08 0.06 0.57 0.04 0.01 0.43 0.03 0.06 0.11 0.25 0.19 0.14 3.09 2.13 0.18 0.03 0.02 0.32 0.13 0.11 0.14 0.18 2.25 0.00 0.02 0.03 0.70 0.01 0.04 0.02 0.02 0.10 0.00 0.15 0.18 0.00

I-J-K

(100s) Stock

Exc Volume

Week

12-month

High

Low

0.04 0.04 0.41 0.46 + 0.50 0.53 unch 0.15 0.15 unch 0.11 0.12 0.00 0.14 0.18 0.18 + 0.12 0.12 unch 8.63 8.65 7.02 7.04 0.10 0.10 + 0.40 0.40 unch 0.00 0.31 unch 45.31 45.67 36.81 37.06 0.20 0.21 + 0.16 0.16 + 0.05 0.06 0.07 0.07 1.30 1.34 0.22 0.25 + 0.27 0.31 + 0.23 0.23 0.28 0.28 0.07 0.07 + 0.00 0.06 + 0.96 1.08 + 0.36 0.40 2.44 2.50 2.00 2.03 0.02 0.03 unch 0.02 0.02 -

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

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

778 161 512 25 1284 43 6 25 15201 43157 198 102 0 6544 10642 122 55 2253 4813 79 111 2811 1103 3558 1129 5 2139 177 438 280 1159 256

0.05 0.46 0.56 0.15 0.15 0.14 0.18 0.12 9.18 7.38 0.10 0.40 0.00 48.65 39.23 0.22 0.18 0.08 0.08 1.37 0.28 0.34 0.28 0.34 0.08 0.07 1.22 0.41 2.73 2.23 0.03 0.03

Labrador Gold* Labrador Gold Labrador IMH* Labrador IOR* Labrador IOR Lake Resources* Lara Expl Laramide Res Laredo Res* Largo Res* Largo Res Lasalle Explor* Lasalle Explor Latin Metals* Latin Metals Laurion Mnl Ex Laurion Mnl Ex* Le Mare Gold* Le Mare Gold Leading Edge Leading Edge* Leeta Gold Legion Metals Leo Res* Leocor Gold Lepanto Con Mg* Leviathan Gold Leviathan Gold* Libero Copper Libero Copper* Liberty Gold* Liberty One Li Liberty One Li* Lida Resources* Lido Minerals Lincoln Mng Lion One Mtls Lion One Mtls* Lions Gate Mtl* Lithium Amer Lithium Amer* Lithium Chile Lithium Chile* Lithium Corp* Lithium Energi* Lithium Energi Lithium South* Lithoquest Res* Lithoquest Res LKA Gold* Lode-Star Mg* 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*

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

2135 6614 380 21 1545 4322 140 866 1154 594 658 49 340 0 509 5847 720 52 1891 531 716 14838 1067 1 71 4 435 64 218 171 572 19 15 84 5 154 494 157 0 2624 14443 772 780 2002 94 296 616 0 3284 873 3 61 124 1468 683 116 377 15 0 74 104 4 365 86 345 1 76 206 369 853 869 1505 14695 22 270 87 661 672

0.69 0.84 0.30 34.76 42.94 0.25 0.78 0.54 0.02 17.96 22.12 0.15 0.19 0.00 0.16 0.75 0.61 0.12 0.19 0.35 0.27 4.73 0.26 0.00 0.50 0.00 0.49 0.40 0.52 0.42 1.32 0.62 0.51 0.04 0.22 0.20 1.26 1.01 0.00 19.44 15.68 0.54 0.45 0.45 0.17 0.20 0.70 0.00 0.07 0.12 0.10 0.24 0.30 0.17 0.14 0.97 1.16 1.15 8.55 11.00 0.20 0.24 0.87 0.07 0.09 0.27 0.36 0.67 0.83 0.78 12.31 13.00 15.94 0.05 0.08 0.02 4.44 4.42

Macarthur Min* Macarthur Min MacDonald Mns* MacDonald Mns Madoro Metals Madoro Metals* 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 Manning Vent Mansa Explor Maple Gold* Maple Gold Marathon Gold* Marathon Gold Margaret Lake Margaret Lake* Marifil Mines* Marifil Mines Marimaca Cop* Marimaca Cop Maritime Res MartinMarietta* Marvel Discov* Marvel Discov Mas Gold Mascota Res* Masivo Silver* Masivo Silver Mason Graphite Mason Graphite* Matachewan Con Matica Ent Matmown* Maverix Metals Maverix Metals* Mawson Res* Mawson Res MAX Res MaxTech Vent MaxTech Vent* Maxwell Res* Mayfair Gold Mazarin McChip Res McEwen Mng*

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

9 177 412 1316 283 10 844 10 1350 101 0 510 19 11 195 47 7808 140 109 251 637 1284 417 908 205 153 708 2061 191 559 54 2081 111 315 870 770 403 2208 16827 63 3 17 4 181 2156 1301 135 2307 2272 0 1081 500 252 170 511 1737 165 158 827 117 843 1266 451 95 0 217 35 8 20208

0.38 0.48 0.06 0.07 0.14 0.09 22.79 1.14 0.92 0.79 0.00 0.20 0.07 0.05 0.06 0.60 0.76 0.40 0.50 1.25 0.32 0.41 0.13 0.17 2.71 2.19 0.40 0.46 0.08 0.06 0.10 0.12 0.29 0.18 0.28 0.34 2.17 2.61 0.13 0.09 0.06 0.09 4.34 5.70 0.21 361.32 0.10 0.15 0.16 0.00 0.10 0.13 0.60 0.51 0.23 0.05 0.03 7.40 6.03 0.24 0.29 0.24 0.07 0.05 0.50 1.91 0.18 0.86 1.27

Last

21

Change

High Low

0.01 0.03 0.00 0.00 0.05 0.01 0.03 0.00 0.51 0.31 0.01 0.00 0.00 2.37 1.45 0.01 0.00 0.00 0.01 0.01 0.04 0.04 0.03 0.05 0.01 0.01 0.12 0.01 0.09 0.06 0.00 0.00

0.07 0.47 0.80 0.18 0.24 0.30 0.24 0.15 13.59 10.32 0.17 0.45 0.33 76.43 57.69 0.39 0.29 0.26 0.34 2.51 0.35 0.54 0.46 0.54 3.00 1.14 2.01 4.09 3.13 2.47 0.04 0.03

0.02 0.41 0.40 0.15 0.07 0.05 0.11 0.08 7.75 5.88 0.07 0.11 0.01 40.07 31.72 0.19 0.14 0.02 0.03 0.19 0.07 0.07 0.13 0.19 0.06 0.05 0.44 0.06 0.80 0.53 0.01 0.00

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

0.12 0.13 0.00 2.00 1.69 0.00 0.02 0.01 0.00 0.74 0.66 0.01 0.01 0.00 0.00 0.22 0.18 0.02 0.08 0.01 0.00 1.18 0.01 0.00 0.00 0.00 0.02 0.02 0.00 0.01 0.02 0.05 0.03 0.00 0.00 0.02 0.02 0.01 0.00 0.40 0.06 0.00 0.00 0.04 0.02 0.03 0.03 0.00 0.01 0.06 0.00 0.00 0.00 0.02 0.01 0.12 0.11 0.05 2.17 1.72 0.00 0.07 0.02 0.01 0.00 0.01 0.00 0.03 0.04 0.03 0.12 0.15 0.00 0.00 0.02 0.00 0.11 0.06

0.69 0.84 0.95 34.76 42.75 0.50 1.02 0.59 0.09 17.96 22.12 0.18 0.23 0.18 0.24 0.75 0.61 0.11 0.18 0.45 0.35 7.25 0.42 0.50 1.00 0.01 0.99 0.40 1.08 0.55 1.82 0.90 1.00 0.20 0.30 0.28 2.66 2.00 0.18 36.60 28.75 1.15 0.89 1.22 0.26 0.33 0.92 0.11 0.14 0.20 0.28 18.09 0.37 0.28 0.22 0.97 1.16 2.33 8.55 11.00 0.60 0.27 1.00 0.22 0.27 0.37 0.58 0.91 1.19 1.08 13.23 13.11 16.07 0.06 0.08 0.07 5.37 5.31

0.17 0.14 0.00 13.40 18.53 0.02 0.56 0.20 0.00 12.97 7.70 0.10 0.08 0.04 0.06 0.14 0.09 0.03 0.04 0.08 0.05 0.30 0.17 0.00 0.21 0.00 0.36 0.31 0.35 0.32 0.79 0.40 0.01 0.02 0.17 0.08 1.14 0.85 0.11 4.15 2.93 0.11 0.07 0.07 0.05 0.06 0.17 0.03 0.03 0.04 0.05 0.00 0.06 0.02 0.01 0.31 0.43 0.41 2.66 1.95 0.09 0.09 0.42 0.04 0.06 0.17 0.24 0.45 0.63 0.57 9.11 4.05 5.68 0.01 0.01 0.00 1.05 1.03

0.36 0.38 + 0.44 0.44 0.05 0.05 0.06 0.06 0.11 0.12 0.09 0.09 unch 21.13 21.16 0.82 0.82 0.82 0.89 0.67 0.73 0.00 0.13 unch 0.17 0.20 + 0.00 0.06 0.03 0.05 + 0.00 0.05 0.40 0.40 0.44 0.46 0.32 0.34 0.40 0.41 1.14 1.20 + 0.30 0.30 0.36 0.36 0.09 0.12 + 0.12 0.15 + 2.06 2.36 + 1.69 1.99 + 0.31 0.33 0.40 0.40 0.07 0.08 unch 0.06 0.06 + 0.09 0.09 0.10 0.10 0.25 0.29 + 0.15 0.18 0.24 0.25 0.30 0.31 1.99 2.01 2.45 2.48 0.00 0.11 + 0.08 0.09 + 0.06 0.06 0.07 0.09 + 0.00 4.34 5.19 5.45 0.19 0.19 350.93 353.12 + 0.06 0.10 + 0.08 0.15 + 0.11 0.12 0.00 2.25 unch 0.08 0.08 0.10 0.11 0.55 0.57 unch 0.42 0.46 + 0.18 0.23 + 0.04 0.04 unch 0.03 0.03 unch 6.80 6.94 5.48 5.64 0.20 0.21 + 0.24 0.25 unch 0.21 0.23 unch 0.06 0.06 0.05 0.05 0.00 0.50 1.74 1.74 0.00 0.18 unch 0.00 0.83 1.12 1.20 +

0.02 0.03 0.00 0.01 0.02 0.00 1.35 0.09 0.01 0.01 0.00 0.02 0.01 0.00 0.01 0.19 0.28 0.00 0.01 0.08 0.01 0.02 0.03 0.03 0.16 0.24 0.00 0.02 0.00 0.00 0.01 0.02 0.02 0.01 0.03 0.02 0.06 0.09 0.08 0.02 0.00 0.01 0.07 0.16 0.01 2.30 0.04 0.08 0.05 0.00 0.04 0.02 0.00 0.02 0.04 0.00 0.00 0.14 0.08 0.01 0.00 0.00 0.01 0.00 0.25 0.11 0.00 0.03 0.05

0.54 0.70 0.10 0.15 0.20 0.14 31.21 1.66 1.89 1.46 0.18 0.48 0.11 0.06 0.08 0.60 0.82 1.27 1.65 1.75 0.50 0.54 0.25 0.17 2.73 2.19 0.85 1.11 0.12 0.09 0.10 0.13 0.72 0.20 0.42 0.56 2.74 3.35 0.10 0.08 0.08 0.11 4.55 5.85 0.23 361.32 0.09 0.12 0.25 3.25 0.12 0.25 1.19 0.94 0.27 0.09 0.10 7.78 6.11 0.44 0.57 0.55 0.12 0.09 1.26 2.15 0.19 0.99 1.60

0.05 0.08 0.04 0.05 0.07 0.06 15.11 0.32 0.46 0.33 0.09 0.11 0.03 0.02 0.04 0.17 0.13 0.26 0.27 0.22 0.19 0.25 0.00 0.03 1.17 0.74 0.06 0.08 0.05 0.03 0.02 0.04 0.06 0.08 0.05 0.07 0.65 1.47 0.02 0.02 0.02 0.04 0.03 1.13 0.07 151.94 0.01 0.03 0.05 0.51 0.01 0.03 0.15 0.10 0.12 0.02 0.00 5.31 3.90 0.18 0.23 0.07 0.06 0.04 0.03 1.60 0.05 0.39 0.77

L 0.48 0.59 0.26 32.70 40.38 0.23 0.69 0.47 0.01 16.90 20.95 0.14 0.17 0.00 0.15 0.42 0.33 0.10 0.11 0.31 0.25 3.63 0.24 0.00 0.40 0.00 0.41 0.34 0.48 0.39 1.17 0.57 0.44 0.03 0.00 0.17 1.22 0.98 0.00 17.16 13.97 0.49 0.39 0.36 0.14 0.18 0.62 0.00 0.06 0.00 0.09 0.24 0.30 0.15 0.11 0.74 0.92 0.00 0.00 8.05 0.20 0.17 0.76 0.06 0.07 0.00 0.31 0.62 0.76 0.74 11.63 11.75 14.46 0.05 0.00 0.01 4.00 3.93

0.60 0.72 0.28 34.35 42.02 0.24 0.76 0.50 0.02 17.50 21.50 0.14 0.17 0.14 0.15 0.63 0.50 0.12 0.18 0.33 0.27 4.73 0.25 0.00 0.50 0.00 0.41 0.36 0.50 0.41 1.20 0.57 0.47 0.03 0.22 0.19 1.22 0.99 0.11 17.36 14.16 0.51 0.41 0.39 0.16 0.20 0.62 0.06 0.07 0.10 0.10 0.24 0.30 0.15 0.12 0.86 1.02 1.00 8.55 10.00 0.20 0.17 0.79 0.06 0.08 0.27 0.33 0.62 0.77 0.75 11.92 12.04 14.85 0.05 0.08 0.01 4.20 4.20

M

22

WWW.NORTHERNMINER.COM

MAY 10—23, 2021 / THE NORTHERN MINER

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

Exc Volume

Week Low

1.39 1.49 + 0.06 0.06 0.69 0.72 1.92 1.92 0.27 0.31 + 0.36 0.38 + 0.69 0.69 0.00 0.04 unch 0.05 0.05 0.00 0.00 + 0.00 0.16 unch 0.15 0.19 + 0.18 0.24 + 0.38 0.40 + 0.27 0.31 + 0.07 0.08 + 0.09 0.09 0.56 0.56 + 0.47 0.50 + 0.00 0.00 unch 0.49 0.55 + 0.00 0.43 + 0.00 0.09 unch 0.12 0.12 unch 0.05 0.05 unch 0.06 0.06 unch 0.08 0.09 + 0.64 0.64 0.51 0.53 0.00 0.22 + 0.25 0.28 0.00 0.02 + 0.44 0.46 + 0.11 0.11 0.00 0.12 2.75 2.75 unch 2.19 2.19 unch 0.13 0.13 0.16 0.16 0.16 0.19 + 0.31 0.31 0.08 0.08 + 0.06 0.06 unch 0.04 0.05 0.24 0.24 0.11 0.11 unch 0.72 0.90 + 0.37 0.38 + 0.24 0.26 + 0.30 0.32 + 2.51 2.62 + 3.14 3.20 0.08 0.08 0.10 0.10 0.09 0.09 unch 0.37 0.37 0.30 0.31 0.36 0.37 0.45 0.45 0.53 0.54 0.65 0.65 0.07 0.08 + 0.08 0.09 unch + 0.16 0.23 0.16 0.18 + 0.19 0.21 + 34.90 34.90 unch 0.00 0.00 + 0.06 0.07 + 0.04 0.06 + 0.06 0.07 + 0.00 0.00 + 0.00 0.31 0.07 0.07 unch 0.47 0.50 unch 0.12 0.13 0.00 0.35 unch 0.09 0.09 unch 0.11 0.11 0.07 0.08 0.10 0.10 0.65 0.66 + 0.80 0.80 0.33 0.36 + + 0.27 0.30 0.00 0.33 unch 0.00 0.19 0.79 0.85 + 0.61 0.70 + 0.02 0.03 0.02 0.02 unch 0.21 0.23 0.25 0.28 unch 0.15 0.16 + 0.12 0.14 + 0.15 0.16 + 0.00 0.18 34.00 35.18 + 0.11 0.11 + 0.55 0.55 unch 0.17 0.18 unch 0.14 0.15 + 0.38 0.46 + 0.46 0.55 + 0.45 0.49 0.17 0.17 0.20 0.20 0.00 0.07 unch 0.24 0.24 unch 0.09 0.09 0.07 0.08 -

McEwen Mng McLaren Res MDN Inc* Mechel* Medallion Res* Medallion Res Medaro Mining Medgold Res* Medgold Res Medinah Mnrls* Mega Copper Mega Uranium* Mega Uranium MegaWatt Lith MegaWatt Lith* MegumaGold* MegumaGold Melkior Res Melkior Res* Mensa Mng Corp* Meridian Mg Meridian Mg * Meryllion Res* Meryllion Res MetalCorp Metalex Vent * Metalex Vent Metallic Mnrls Metallic Mnrls* Metallica Met* Metallica Met Metallica Min* Metallis Res Metallum Res Metalo Manuf Metalore Res Metalore Res* Metals Creek* Metals Creek Metals X* Metron Capital Mexican Gold* MGX Minerals MGX Minerals* Mich Resources 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 Hill Mineral Mtn* Mineral Mtn Mineral Res* MineralRite* Mineworx Tech Minfocus Expl* Minfocus Expl Mining Global* Minnova Corp Minsud Res Mirasol Res Mistango River Mkango Res ML Gold* ML Gold Corp Monarca Mnrls* Monarca Mnrls Monarch Min* Monarch Mining Moneta Porcpn Moneta Porcpn* Monitor Vent Monitor Vent* Montage Gold Montage Gold* Montego Res 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 Musgrave Min* Musk Metals Musk Metals*

T 989 C 250 O 131 N 979 O 247 V 208 C 57 O 82 V 220 O 6725 V 5 O 1522 T 10272 C 2817 O 226 O 211 C 302 V 140 O 23 O 0 V 1838 O 171 O 0 C 36 V 945 O 655 V 233 V 195 O 225 O 22 C 1223 O 5 V 219 V 488 C 54 V 2 O 2 O 186 V 665 O 982 V 206 O 156 C 573 O 342 C 81 V 25 V 695 C 496 O 78 V 164 O 111 V 186 O 379 V 286 V 427 V 222 O 374 O 37 T 19 O 1227 V 1405 O 150 C 1249 V 160 O 132 V 334 O 2 O 304341 V 1962 O 92 V 75 O 359068 V 51 V 5 V 393 C 1012 V 26 O 30 V 352 O 728 V 656 O 149 T 578 T 1529 O 1171 V 0 O 1 V 1151 O 16 C 218 C 203 O 141 V 404 V 670 O 28 O 13 V 31 N 30682 C 118 O 3 V 137 O 37 O 107 T 822 C 1490 O 121 V 137 V 27 O 30 C 1204 O 329

1.55 0.07 0.77 2.20 0.34 0.40 0.71 0.05 0.05 0.00 0.16 0.20 0.24 0.43 0.35 0.08 0.10 0.65 0.50 0.00 0.60 0.49 0.00 0.14 0.06 0.06 0.09 0.68 0.56 0.24 0.32 0.03 0.48 0.12 0.14 2.75 2.19 0.15 0.18 0.19 0.33 0.09 0.06 0.05 0.25 0.11 0.90 0.39 0.27 0.33 2.78 3.42 0.08 0.10 0.09 0.40 0.33 0.37 0.47 0.58 0.71 0.08 0.10 0.28 0.18 0.22 34.90 0.00 0.07 0.06 0.07 0.00 0.34 0.07 0.52 0.15 0.37 0.09 0.12 0.09 0.11 0.68 0.84 0.37 0.30 0.00 0.19 0.88 0.71 0.03 0.02 0.25 0.30 0.16 0.14 0.16 0.19 36.79 0.11 0.55 0.19 0.15 0.47 0.58 0.58 0.18 0.22 0.07 0.24 0.11 0.09

NA Frac Sand* NACCO Ind* Namibia Crit Namibia Crit* Napier Vent* Natural Res Pt* Nautilus Mnrls* Navis Res Corp* Neo Lithium Neometals* Network Expl Network Expl* Nevada Canyon* Nevada Copper Nevada Expl * Nevada Expl Nevada King* Nevada King 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 Target Mng New Tech Min* New Tech Min New World Res* Newcore Gold Newcore Gold* Newcrest Mg Newcrest Mg* Newlox Gold Newmac Res Newmont Corp* Newmont Corp Neworigin Gold* Neworigin Gold Newport Expl Newport Gold* NewRange Gold* NewRange Gold Nexa Resources Nexa Resources* Nexco Res Nexgen Energy Nexgen Energy*

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

0.01 24.24 0.32 0.26 0.00 17.98 0.01 1.95 2.84 0.55 1.08 0.90 0.80 0.23 0.13 0.16 0.50 0.53 0.10 0.09 0.11 0.13 0.16 0.14 0.05 0.06 0.08 0.10 0.00 0.10 0.10 7.00 1.75 2.16 0.01 0.29 2.05 6.74 0.14 0.18 0.35 0.22 0.05 0.06 3.07 0.65 0.53 26.43 21.76 0.29 0.25 65.81 81.84 0.23 0.29 0.52 0.02 0.12 0.15 12.93 10.77 0.35 4.85 3.94

Last

12-month

High

Change

High Low

0.06 0.02 0.00 0.12 0.02 0.02 0.01 0.00 0.01 0.00 0.00 0.04 0.06 0.02 0.01 0.00 0.01 0.02 0.13 0.00 0.07 0.03 0.00 0.00 0.00 0.00 0.01 0.03 0.00 0.00 0.02 0.00 0.01 0.02 0.02 0.00 0.00 0.02 0.02 0.01 0.02 0.00 0.00 0.00 0.01 0.00 0.13 0.01 0.02 0.03 0.01 0.09 0.01 0.01 0.00 0.02 0.01 0.01 0.01 0.03 0.07 0.00 0.00 0.08 0.02 0.01 0.00 0.00 0.01 0.00 0.01 0.00 0.04 0.00 0.00 0.02 0.00 0.00 0.01 0.00 0.01 0.00 0.02 0.02 0.03 0.00 0.00 0.08 0.09 0.01 0.00 0.00 0.00 0.02 0.02 0.01 0.01 1.23 0.01 0.00 0.00 0.00 0.09 0.10 0.04 0.01 0.01 0.00 0.00 0.01 0.00

2.02 0.18 2.00 2.57 0.59 0.75 0.71 0.08 0.11 0.00 0.29 0.21 0.25 1.17 0.90 0.16 0.21 1.25 1.00

1.08 0.04 0.15 1.29 0.06 0.09 0.45 0.03 0.04 0.00 0.02 0.05 0.07 0.20 0.17 0.07 0.09 0.26 0.22

0.60 0.49 0.10 0.20 0.11 0.10 0.13 1.30 0.94 0.45 0.57 0.04 0.64 0.20 0.30 3.65 2.39 0.16 0.19 0.27 0.59 0.15 0.15 0.11 0.40 0.15 1.13 0.71 0.31 0.37 4.16 5.25 0.23 0.32 0.20 0.85 0.67 0.60 0.83 0.62 0.78 0.18 0.25 0.28 0.29 0.40 34.90 0.00 0.18 5.00 0.10 0.00 0.60 0.10 0.65 0.41 0.45 0.13 0.18 0.20 0.30 0.90 1.31 0.48 0.38 0.45 0.37 1.27 0.71 0.06 0.10 0.75 0.95 0.16 0.14 0.20 0.25 36.79 0.15 0.74 0.69 0.52 0.64 0.82 1.35 0.27 0.35 0.11 0.60 0.26 0.18

0.08 0.14 0.00 0.05 0.01 0.02 0.02 0.18 0.13 0.01 0.12 0.01 0.19 0.11 0.07 1.55 1.42 0.03 0.05 0.05 0.18 0.04 0.05 0.03 0.15 0.07 0.67 0.10 0.09 0.13 0.60 0.89 0.07 0.09 0.04 0.34 0.25 0.32 0.41 0.26 0.37 0.07 0.08 0.13 0.13 0.19 12.35 0.00 0.05 0.01 0.03 0.00 0.07 0.05 0.33 0.11 0.06 0.06 0.09 0.02 0.03 0.59 0.59 0.11 0.07 0.14 0.09 0.65 0.54 0.01 0.02 0.03 0.03 0.05 0.00 0.10 0.13 9.58 0.05 0.43 0.14 0.12 0.18 0.25 0.30 0.07 0.11 0.05 0.22 0.05 0.04

0.00 0.66 0.02 0.00 0.00 0.80 0.00 0.26 0.02 0.05 0.11 0.07 0.13 0.03 0.01 0.02 0.01 0.01 0.00 0.01 0.01 0.00 0.01 0.00 0.00 0.01 0.02 0.00 0.00 0.03 0.01 0.66 0.04 0.09 0.00 0.00 0.00 0.14 0.00 0.00 0.06 0.01 0.00 0.01 0.32 0.04 0.02 0.93 0.72 0.01 0.02 3.31 5.33 0.09 0.12 0.11 0.01 0.00 0.00 0.01 0.28 0.02 0.15 0.21

0.03 35.70 0.37 0.32 0.12 19.52 0.04 5.00 3.88 0.61 2.05 1.62 4.00 0.25 0.19 0.25 0.66 0.83 0.31 0.25 0.16 0.18 0.24 0.19 0.09 0.11 0.08 0.11 0.10 0.20 0.12 7.00 2.40 3.05 0.01 0.60 3.59 9.02 0.80 0.95 0.62 0.25 0.10 0.15 4.07 0.92 0.70 31.25 26.42 0.40 0.25 72.22 96.45 0.29 0.40 0.60 0.08 0.31 0.43 14.92 12.58 0.40 5.49 4.38

0.00 17.95 0.15 0.10 0.00 9.56 0.00 0.92 0.43 0.05 0.21 0.16 0.11 0.06 0.08 0.12 0.13 0.23 0.03 0.02 0.04 0.07 0.05 0.03 0.03 0.04 0.00 0.03 0.00 0.01 0.03 1.24 0.77 1.09 0.00 0.13 1.07 4.78 0.05 0.16 0.03 0.20 0.02 0.03 0.36 0.17 0.12 22.40 15.69 0.04 0.03 52.33 68.76 0.09 0.10 0.30 0.00 0.08 0.10 4.93 3.46 0.06 1.66 1.22

N-O 14118 152 404 567 8 55 382 54 1459 320 630 15 17 20295 1597 1070 79 967 347 169 29 2 1377 949 241 124 123 1364 0 11 70 1797 19342 6405 223 428 101 464 453 1014 115 151 5 83 71 617 23 3 9 691 28 27520 696 5 21 988 5845 351 492 3 338 79 6330 6250

0.01 22.43 0.28 0.22 0.00 16.66 0.01 1.60 2.52 0.35 0.94 0.00 0.56 0.20 0.10 0.13 0.36 0.46 0.09 0.07 0.00 0.00 0.15 0.11 0.04 0.06 0.06 0.08 0.00 0.00 0.10 5.95 1.64 2.02 0.00 0.26 1.95 5.96 0.13 0.16 0.00 0.20 0.05 0.06 2.77 0.58 0.00 0.00 20.40 0.26 0.24 60.85 74.82 0.14 0.17 0.37 0.01 0.11 0.14 12.50 9.73 0.28 4.31 3.49

0.01 23.13 0.29 0.24 0.00 16.84 0.01 1.74 2.60 0.45 0.94 0.79 0.65 0.23 0.11 0.14 0.41 0.47 0.10 0.07 0.11 0.13 0.15 0.13 0.05 0.06 0.08 0.08 0.02 0.10 0.10 6.73 1.66 2.02 0.00 0.29 2.00 6.28 0.14 0.17 0.35 0.20 0.05 0.06 2.79 0.59 0.49 25.50 20.72 0.27 0.24 62.41 76.68 0.23 0.29 0.39 0.01 0.11 0.14 12.85 10.34 0.30 4.64 3.80

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

(100s) Stock

Exc Volume

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

T 2891 O 368 V 4968 O 3 V 286 V 485 O 185 O 878 T 1898 V 139 V 2374 O 1485 O 290 V 1507 O 114 T 289 V 211 V 100 T 456 O 687 V 380 O 2 V 1734 O 30 V 52 V 1891 O 349 O 350 V 809 O 415 O 315 O 147 V 793 V 867 V 85 V 435 O 141 C 329 O 1516 V 1023 V 201 O 96 O 35 V 607 O 289340 O 11 V 61 T 150 C 548 V 247 V 840 O 313 C 201 O 14 O 66 V 518 V 119 T 319 O 109 V 215 O 44 T 909 X 3656 T 1398 O 11 O 221 V 204 O 375 V 5 O 0 O 40 V 697 V 64 O 103 O 671 V 1097 V 1 C 244 C 89 T 1304 X 35096 O 5 V 154 O 404 C 3406 O 2269 V 5153 N 8866 T 7377 O 557 V 957 O 33 V 1040 V 93 T 4119 O 3 V 122 O 9 V 762 O 248 V 12 O 47 V 6 V 599 V 476 O 264 C 1075 O 990 V 261 O 8 V 667 O 59 V 260 V 56 O 0 V 490 O 1206 V 611 O 212 O 235 T 206 V 1244 V 401 O 246 V 163 V 582 O 123 V 71 O 3 V 55 C 354 O 0 T 1774 O 843 V 1470 T 325 T 67 V 80 O 33 T 238 O 19 O 188 V 393 O 12 N 1984 T 1313 O 32 V 284 T 2300 O 233 V 245 O 68 C 186 V 871 O 7

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

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

(100s) Stock

Week

12-month

High

Low

Last

Change

0.39 0.04 0.06 0.46 0.60 0.72 0.57 0.09 0.11 0.06 0.16 0.14 0.14 0.18 1.05 1.27 0.91 0.14 1.39 1.15 0.04 0.03 0.77 0.02 0.02 0.14 0.11 0.61 0.75 0.10 36.00 0.23 0.28 0.09 0.11 0.42 0.53 0.65 0.03 0.04 0.28 0.22 0.09 0.12 0.00 0.58 0.70 0.05 0.06 0.02 0.35 0.40 0.23 0.19 0.91 0.78 0.14 0.08 0.06 14.38 11.80 11.99 9.61 2.45 0.01 0.10 0.47 0.39 0.36 0.00 0.16 0.08 1.27 1.07 0.33 0.41 0.00 0.25 0.17 0.77 0.63 0.05 0.45 0.02 0.02 0.15 0.18 57.50 70.50 0.25 0.31 0.12 0.38 2.60 2.30 1.79 0.25 0.18 0.72 0.58 0.06 0.11 0.07 0.19 0.20 0.17 0.12 0.10 0.35 0.28 0.18 0.15 0.35 0.23 0.00 0.06 0.01 0.64 0.52 0.10 0.13 0.09 0.11 0.16 0.20 0.98 0.80 0.16 0.23 0.28 0.37 0.00 4.84 2.25 2.73 6.60 0.31 0.34 0.27 0.30 0.25 1.10 1.37 5.85 12.43 15.38 0.36 0.44 3.34 0.05 0.05 0.39 0.48 0.27 19.58

0.34 0.04 0.05 0.00 0.52 0.58 0.48 0.07 0.09 0.05 0.13 0.11 0.12 0.15 0.98 1.21 0.85 0.13 1.30 1.05 0.03 0.03 0.60 0.02 0.00 0.11 0.10 0.47 0.57 0.04 34.04 0.19 0.24 0.07 0.09 0.32 0.00 0.59 0.02 0.03 0.25 0.20 0.09 0.11 0.00 0.54 0.67 0.05 0.05 0.00 0.30 0.24 0.21 0.18 0.00 0.70 0.12 0.07 0.06 13.21 10.77 10.97 8.93 2.24 0.00 0.00 0.41 0.33 0.36 0.00 0.12 0.07 1.17 0.92 0.31 0.38 0.00 0.22 0.13 0.71 0.58 0.00 0.41 0.01 0.02 0.11 0.14 54.22 67.27 0.20 0.24 0.06 0.29 2.50 2.04 0.00 0.19 0.15 0.63 0.50 0.06 0.05 0.00 0.17 0.18 0.14 0.11 0.08 0.31 0.26 0.15 0.12 0.35 0.00 0.00 0.05 0.00 0.58 0.47 0.09 0.11 0.08 0.10 0.14 0.18 0.95 0.76 0.14 0.00 0.00 0.28 0.00 4.41 1.92 2.38 6.15 0.29 0.33 0.25 0.25 0.22 0.94 1.16 5.77 11.87 14.73 0.00 0.43 3.11 0.03 0.05 0.37 0.45 0.25 18.27

0.36 0.04 0.06 unch 0.43 0.60 + 0.70 + 0.56 + 0.08 0.10 0.06 unch 0.14 0.11 0.14 + 0.17 + 1.02 + 1.26 + 0.85 0.14 + 1.34 + 1.09 + 0.04 + 0.03 0.74 + 0.02 unch 0.02 unch 0.13 0.11 0.58 + 0.73 + 0.06 34.16 0.19 0.24 0.08 unch 0.09 0.38 + 0.51 + 0.63 unch 0.03 + 0.04 + 0.26 + 0.22 + 0.09 unch 0.11 + 0.00 + 0.56 0.68 0.05 + 0.06 0.02 unch 0.33 + 0.27 + 0.21 0.19 0.62 + 0.74 unch 0.13 unch 0.08 unch 0.06 + 14.25 + 11.59 + 11.04 8.99 2.31 0.01 + 0.10 + 0.47 + 0.38 + 0.36 unch 0.35 unch 0.12 0.08 unch 1.20 unch 0.97 + 0.31 0.39 0.28 unch 0.25 0.13 0.72 + 0.59 + 0.00 unch 0.42 0.02 + 0.02 unch 0.14 + 0.17 + 55.19 + 67.85 + 0.25 + 0.31 + 0.09 0.33 + 2.53 2.05 1.74 0.22 + 0.18 unch 0.65 0.54 0.06 unch 0.07 + 0.07 unch 0.17 0.19 0.16 0.11 0.09 0.35 + 0.28 0.16 + 0.13 + 0.35 unch 0.23 + 0.06 unch 0.06 unch 0.00 + 0.59 + 0.50 + 0.09 + 0.12 unch 0.09 0.11 + 0.15 0.18 0.95 unch 0.78 + 0.16 + 0.22 0.28 + 0.35 0.13 unch 4.43 2.20 + 2.69 + 6.36 + 0.29 0.33 unch 0.27 + 0.27 0.22 0.98 1.24 5.82 + 12.08 14.84 0.35 + 0.44 unch 3.21 0.04 0.05 unch 0.38 + 0.45 0.26 unch 18.29 -

High Low

0.02 0.00 0.00 0.03 0.04 0.16 0.10 0.00 0.01 0.00 0.03 0.02 0.01 0.01 0.04 0.04 0.05 0.01 0.01 0.01 0.01 0.00 0.13 0.00 0.00 0.01 0.00 0.07 0.08 0.01 0.17 0.03 0.04 0.00 0.02 0.01 0.00 0.00 0.00 0.01 0.01 0.00 0.00 0.01 0.00 0.02 0.01 0.01 0.01 0.00 0.04 0.03 0.03 0.01 0.05 0.00 0.00 0.00 0.00 0.54 0.44 0.96 0.63 0.03 0.01 0.01 0.06 0.05 0.00 0.00 0.01 0.00 0.00 0.00 0.02 0.02 0.00 0.03 0.04 0.01 0.02 0.00 0.04 0.00 0.00 0.02 0.03 1.34 0.72 0.06 0.08 0.00 0.05 0.02 0.22 0.01 0.02 0.00 0.05 0.01 0.00 0.01 0.00 0.02 0.01 0.00 0.02 0.01 0.04 0.01 0.01 0.01 0.00 0.02 0.00 0.00 0.00 0.01 0.04 0.00 0.00 0.01 0.01 0.01 0.01 0.00 0.01 0.02 0.01 0.01 0.01 0.00 0.34 0.29 0.31 0.19 0.02 0.00 0.01 0.02 0.01 0.12 0.13 0.05 0.27 0.58 0.00 0.00 0.14 0.01 0.00 0.01 0.02 0.00 1.02

0.53 0.12 0.14 0.58 0.75 0.85 0.68 0.24 0.33 0.10 1.18 0.93 0.20 0.25 2.20 2.90 1.19 0.28 2.08 1.65 0.09 0.06 0.77 0.02 0.03 0.21 0.17 0.99 1.25 0.15 38.21 0.27 0.32 0.21 0.17 0.76 2.21 2.79 0.12 0.05 0.39 0.33 0.10 0.15 0.00 3.00 1.38 0.10 0.11 0.04 0.42 0.40 0.55 0.38 0.91 1.06 0.23 0.12 0.09 27.40 17.24 16.92 12.15 4.16 0.04 0.13 0.70 0.55 0.69 0.35 0.25 0.18 1.55 1.26 0.57 0.72 0.69 0.37 0.46 3.28 2.49 0.05 0.69 0.05 0.05 0.19 0.24 59.77 74.34 0.38 0.48 0.17 0.38 3.68 4.01 2.86 0.26 0.21 0.78 0.62 0.07 0.11 0.11 0.30 0.75 0.55 0.16 0.13 0.43 0.35 0.31 0.24 0.53 0.23 0.08 0.12 0.03 0.93 0.75 0.19 0.25 0.26 0.28 0.24 0.31 1.27 1.03 0.24 0.28 0.35 0.55 0.25 7.51 2.20 2.70 6.60 0.70 0.45 0.33 0.39 0.29 1.50 1.65 10.79 13.53 17.50 0.42 0.52 4.85 0.08 0.11 0.43 1.55 0.88 19.58

0.03 0.03 0.05 0.22 0.34 0.13 0.09 0.03 0.04 0.01 0.05 0.03 0.06 0.08 0.77 0.97 0.22 0.12 0.65 0.45 0.03 0.02 0.50 0.00 0.01 0.05 0.04 0.06 0.09 0.00 23.23 0.09 0.12 0.03 0.03 0.04 0.39 0.40 0.00 0.01 0.07 0.05 0.03 0.03 0.00 0.16 0.45 0.02 0.03 0.01 0.05 0.03 0.21 0.17 0.40 0.31 0.10 0.06 0.04 1.80 9.54 10.18 7.89 2.03 0.00 0.02 0.15 0.10 0.19 0.14 0.02 0.05 0.30 0.22 0.15 0.21 0.10 0.20 0.03 0.39 0.31 0.00 0.07 0.00 0.01 0.04 0.05 29.70 41.50 0.09 0.14 0.02 0.06 1.88 1.58 0.00 0.09 0.08 0.07 0.05 0.03 0.02 0.03 0.15 0.14 0.10 0.06 0.04 0.06 0.03 0.14 0.11 0.20 0.02 0.04 0.03 0.00 0.28 0.20 0.08 0.10 0.07 0.05 0.05 0.08 0.52 0.37 0.03 0.03 0.04 0.12 0.06 3.07 0.19 0.25 1.63 0.03 0.13 0.09 0.15 0.11 0.56 0.80 0.33 8.59 11.71 0.27 0.35 2.68 0.03 0.04 0.35 0.11 0.14 5.46

0.02 0.07 0.00 0.14 0.05 0.01 0.02 0.00 0.00 0.00 0.01 0.00 0.07 0.03 0.01 0.02 0.19 0.00 0.00

0.59 0.90 0.19 2.07 2.60 0.08 0.18 0.15 0.01 0.16 0.21 0.06 1.81 0.40 0.34 0.26 1.82 0.04 0.03

0.20 0.20 0.06 1.04 1.33 0.02 0.04 0.02 0.00 0.04 0.05 0.02 0.60 0.06 0.12 0.08 0.13 0.01 0.00

P-Q 24 96 25 2 59 364 871 512 20 1 548 17 749 4591 88 31 16847 212 219

0.40 0.53 0.13 1.61 2.00 0.04 0.19 0.15 0.00 0.05 0.07 0.05 0.85 0.32 0.21 0.17 0.50 0.03 0.02

0.39 0.46 0.13 0.00 1.90 0.03 0.15 0.13 0.00 0.05 0.05 0.04 0.75 0.27 0.19 0.16 0.17 0.00 0.02

0.39 0.47 0.13 1.61 2.00 0.04 0.19 0.15 0.00 0.05 0.07 0.04 0.80 0.32 0.19 0.17 0.19 0.03 0.02

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

Exc Volume

Week High

Low

3488 814 120 141 1726 9305 106 1830 130 888 1208 340 206 7533 1610 212 84 0 1208 213 444 53 4761 456 165 503 25 157 28909 659 180 77 244 111 122 7 47 204 164 896 139 131 224 75 42 6 1 388 10 677 425 855 9 4 161 82 1723 1484 1704 5769 528 799 203 73 1036 20 0 1005 752 103 74 443 112 0 277 208 4061 1884 53 9 73 1082 291 78 200 168 290 107 75 7 2 435 383 644 168 904 1027 5455 28 1564 38 93 87 2085 4748 1886 3 134 3517 2031 79 289 1 532 278 287 1156 252 84 45 45 175 459 782 242 279

0.36 0.29 0.45 0.50 42.21 33.94 0.18 0.24 0.43 0.54 0.19 0.15 0.01 0.05 0.17 0.13 0.19 0.07 0.44 0.37 1.07 0.03 0.39 0.04 0.08 0.10 0.15 0.15 4.69 0.05 0.04 0.12 0.16 0.10 0.09 0.22 9.50 7.73 1.24 0.05 0.04 0.11 0.13 0.08 0.10 0.11 0.05 0.09 0.63 0.35 0.24 0.32 0.31 100.00 0.20 0.05 0.53 0.66 0.07 5.34 6.61 0.04 0.19 0.14 3.13 3.88 0.00 0.13 0.11 0.05 0.08 0.25 0.30 0.00 0.17 0.14 11.12 13.79 0.11 0.09 2.72 3.35 0.11 0.28 0.07 1.40 1.77 0.43 0.21 4.00 0.30 1.54 0.12 0.10 0.08 0.30 0.25 0.03 0.18 0.22 0.02 1.20 1.41 1.05 1.30 0.10 0.22 0.30 0.23 0.18 0.19 0.24 0.14 0.17 0.30 0.37 0.07 0.06 0.88 0.18 0.14 0.13 0.10 0.10 0.02 1.25

0.33 0.26 0.35 0.43 38.96 31.69 0.00 0.16 0.40 0.50 0.17 0.14 0.00 0.02 0.13 0.11 0.18 0.00 0.38 0.32 1.02 0.03 0.32 0.00 0.08 0.09 0.15 0.12 3.44 0.04 0.04 0.11 0.14 0.00 0.08 0.22 8.84 7.30 1.15 0.05 0.03 0.09 0.12 0.06 0.00 0.08 0.05 0.07 0.54 0.30 0.00 0.29 0.28 0.00 0.18 0.04 0.45 0.56 0.06 4.63 5.70 0.04 0.16 0.12 2.85 3.53 0.00 0.11 0.09 0.05 0.07 0.22 0.28 0.00 0.16 0.12 10.42 12.86 0.09 0.07 2.54 3.08 0.06 0.20 0.07 1.32 1.62 0.39 0.21 0.00 0.00 1.38 0.00 0.08 0.07 0.24 0.19 0.02 0.16 0.17 0.02 1.05 1.30 0.98 1.22 0.09 0.22 0.26 0.17 0.13 0.18 0.00 0.14 0.14 0.26 0.34 0.07 0.05 0.69 0.16 0.13 0.11 0.09 0.06 0.00 1.10

V 41 O 6 V 2058 V 212 C 120 C 65 O 130 V 22 O 2 O 207 O 1633 V 1234 C 16 C 601 O 1086 V 862 V 511 O 32 V 415 O 318 C 2303 V 60 O 100 O 62 V 1068 O 126 V 188 V 312 O 514 V 492 O 400 V 415 V 312 O 3387 V 3114 V 28 O 498167 V 201 O 96 N 10641 O 2 O 1 V 460 O 700 O 67 C 66 V 178 O 247 O 196 V 193 V 967 O 59 V 20 O 39 V 221 O 51

0.40 0.32 0.29 0.25 0.09 0.31 2.68 0.18 0.15 0.02 2.11 0.04 0.14 0.24 0.00 0.71 0.78 2.15 0.82 0.11 0.11 0.07 0.00 0.07 0.07 0.62 0.70 0.98 0.80 0.95 0.04 0.05 0.50 0.18 0.22 0.39 0.00 0.08 0.06 88.29 86.93 97.95 0.80 0.67 0.65 0.70 0.22 0.17 0.16 0.21 0.46 0.11 0.14 3.90 4.80 0.07

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

Last

12-month Change

Stock

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

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

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

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

0.34 0.27 + 0.35 0.44 + 39.08 31.82 0.18 + 0.22 + 0.41 0.53 0.17 0.14 + 0.01 + 0.03 + 0.17 + 0.13 + 0.18 0.07 + 0.39 0.35 + 1.03 0.03 unch 0.37 + 0.04 + 0.08 0.10 unch 0.15 0.13 3.70 0.05 0.04 0.12 0.15 unch 0.10 unch 0.08 unch 0.22 unch 9.38 + 7.69 + 1.15 0.05 + 0.03 0.11 + 0.13 + 0.08 + 0.09 0.11 unch 0.05 unch 0.09 + 0.63 + 0.33 unch 0.24 + 0.30 + 0.28 + 100.00 0.20 + 0.05 unch 0.48 0.58 0.07 unch 4.71 5.80 0.04 unch 0.16 0.13 + 3.00 + 3.70 + 0.00 unch 0.12 0.10 + 0.05 + 0.07 0.23 + 0.28 + 0.00 unch 0.16 0.13 10.49 12.91 0.09 0.07 2.54 3.11 0.08 0.25 0.07 unch 1.32 1.62 0.39 + 0.21 unch 3.85 0.30 + 1.53 0.11 + 0.08 0.08 + 0.28 unch 0.23 + 0.02 0.18 + 0.22 + 0.02 + 1.13 + 1.38 + 1.01 1.25 0.10 + 0.22 unch 0.26 0.21 + 0.18 + 0.18 0.23 unch 0.14 unch 0.15 + 0.29 + 0.36 + 0.07 0.06 0.72 0.16 0.13 0.11 0.09 0.07 0.02 unch 1.17 -

0.01 0.00 0.05 0.01 3.07 1.95 0.04 0.05 0.02 0.01 0.01 0.00 0.01 0.01 0.02 0.00 0.01 0.01 0.06 0.03 0.02 0.00 0.02 0.01 0.00 0.00 0.05 0.01 0.47 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.19 0.33 0.09 0.01 0.01 0.00 0.01 0.00 0.01 0.00 0.00 0.02 0.09 0.00 0.01 0.02 0.01 4.40 0.03 0.00 0.02 0.05 0.00 0.40 0.58 0.00 0.01 0.00 0.17 0.19 0.00 0.01 0.00 0.00 0.01 0.01 0.01 0.00 0.01 0.00 0.54 0.85 0.01 0.02 0.02 0.10 0.01 0.01 0.00 0.06 0.11 0.01 0.00 0.19 0.04 0.01 0.01 0.01 0.01 0.00 0.01 0.00 0.04 0.05 0.00 0.06 0.07 0.03 0.05 0.01 0.00 0.04 0.05 0.04 0.01 0.00 0.00 0.01 0.02 0.02 0.01 0.00 0.16 0.02 0.01 0.02 0.01 0.03 0.00 0.02

0.40 0.49 0.45 0.72 53.30 40.11 0.24 0.30 0.56 0.72 0.20 0.20 0.01 0.05 0.23 0.18 0.20 0.06 1.02 0.74 1.59 0.03 0.84 0.09 0.31 0.42 0.50 0.23 5.30 0.09 0.06 0.20 0.27 0.15 0.12 0.42 20.40 9.45 1.52 0.10 0.10 0.11 0.14 0.12 0.15 0.11 0.08 0.12 0.81 0.55 0.35 0.45 0.42 128.00 0.25 0.06 0.78 0.98 0.13 6.27 8.00 0.05 0.23 0.16 9.70 13.00 0.03 0.26 0.25 0.08 0.10 0.40 0.54 0.06 0.41 0.30 14.55 19.13 0.17 0.14 2.72 3.35 0.14 0.88 0.15 1.53 1.95 0.50 0.60 13.50 0.52 2.40 0.15 0.20 0.17 1.50 0.85 0.08 0.19 0.27 0.30 2.07 2.63 2.42 3.08 0.12 0.39 0.65 0.35 4.12 0.27 0.38 0.30 0.50 0.47 0.60 0.33 0.25 0.95 0.29 0.19 0.20 0.16 0.27 0.06 1.37

0.08 0.05 0.34 0.37 28.60 20.35 0.00 0.08 0.00 0.15 0.05 0.03 0.00 0.02 0.08 0.05 0.08 0.01 0.04 0.15 0.96 0.00 0.04 0.01 0.01 0.06 0.07 0.03 0.80 0.01 0.01 0.10 0.13 0.07 0.04 0.00 5.20 5.52 0.82 0.03 0.00 0.02 0.03 0.02 0.03 0.03 0.04 0.02 0.22 0.01 0.09 0.12 0.16 64.38 0.08 0.03 0.14 0.20 0.02 1.31 1.81 0.03 0.04 0.03 2.40 3.20 0.00 0.05 0.05 0.02 0.03 0.17 0.23 0.00 0.14 0.08 7.55 10.53 0.04 0.03 0.45 0.64 0.01 0.20 0.06 0.71 1.01 0.03 0.15 2.01 0.10 0.35 0.07 0.07 0.02 0.24 0.00 0.01 0.04 0.05 0.01 0.06 0.21 0.57 0.80 0.03 0.17 0.14 0.04 0.12 0.15 0.20 0.09 0.12 0.06 0.08 0.07 0.05 0.55 0.10 0.10 0.05 0.03 0.06 0.00 0.35

0.38 0.40 0.00 0.32 + 0.24 0.29 + 0.22 0.23 0.08 0.08 unch 0.28 0.28 0.00 2.67 + 0.15 0.15 0.00 0.15 + 0.01 0.01 1.57 1.90 + 0.00 0.04 unch 0.12 0.12 unch 0.20 0.21 0.00 0.00 0.61 0.68 unch 0.70 0.73 2.04 2.04 0.71 0.74 0.07 0.09 + 0.09 0.10 0.00 0.07 unch 0.00 0.00 unch 0.05 0.05 + 0.06 0.07 unch 0.52 0.55 + 0.65 0.68 + 0.90 0.90 0.73 0.73 0.80 0.92 + 0.04 0.04 unch 0.05 0.05 unch 0.46 0.47 0.15 0.16 0.19 0.20 0.32 0.33 0.00 0.00 + 0.07 0.07 unch 0.06 0.06 + 84.94 85.06 84.86 84.86 + 0.00 95.65 + 0.73 0.74 0.58 0.62 + 0.45 0.56 + 0.65 0.68 unch 0.20 0.20 0.15 0.16 0.14 0.15 + 0.18 0.19 + 0.42 0.43 unch 0.00 0.11 + 0.00 0.14 + 3.44 3.71 + 4.25 4.42 0.06 0.07 +

0.01 0.01 0.04 0.02 0.00 0.03 0.79 0.02 0.01 0.01 0.11 0.00 0.00 0.03 0.00 0.00 0.03 0.08 0.02 0.01 0.01 0.00 0.00 0.00 0.00 0.02 0.03 0.08 0.05 0.12 0.00 0.00 0.01 0.01 0.02 0.05 0.00 0.00 0.00 1.38 0.26 2.30 0.03 0.01 0.02 0.00 0.02 0.00 0.01 0.01 0.00 0.04 0.04 0.13 0.04 0.00

0.50 0.32 0.40 0.38 0.10 0.40 14.50 0.18 0.15 0.12 4.13 0.12 0.25 0.49 0.03 0.71 0.95 4.38 1.74 1.00 0.12 0.13 0.00 0.11 0.14 1.13 1.45 1.74 1.35 1.00 0.06 0.08 0.74 0.27 0.25 0.62 0.01 0.11 0.09 92.85 91.94 108.00 1.03 0.85 0.83 1.10 0.54 0.40 0.26 0.36 0.56 0.13 0.15 7.00 9.00 0.10

0.11 0.07 0.15 0.17 0.05 0.10 0.51 0.07 0.07 0.00 0.47 0.03 0.04 0.20 0.00 0.06 0.25 2.05 0.54 0.01 0.03 0.05 0.00 0.04 0.05 0.44 0.63 0.50 0.44 0.09 0.03 0.04 0.29 0.04 0.07 0.12 0.00 0.03 0.02 44.11 43.60 55.33 0.46 0.32 0.41 0.54 0.17 0.12 0.11 0.15 0.28 0.02 0.03 0.36 0.49 0.04

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

(100s)

High Low

Exc Volume

Week Last

12-month

High

Low

Change

339 120 450 226 385 300 72 1 108 6730 206 616 39 307 818 1332 82 361 716 48545 1709 3 1444 234 289 0 1101 274 4 29 194 7 121 642 11 1492 161

0.08 0.05 0.12 0.15 0.28 0.17 0.17 0.07 0.09 1.01 0.35 0.43 0.05 0.04 0.49 0.58 0.17 0.10 0.12 2.32 1.86 0.24 118.62 0.02 0.36 0.00 0.14 0.11 0.14 0.18 0.13 0.04 0.05 5.33 4.31 0.06 0.05

+ 0.00 0.08 0.03 0.03 0.10 0.10 0.14 0.14 + 0.25 0.28 + 0.15 0.17 + 0.10 0.16 0.07 0.07 unch + 0.09 0.09 + 0.81 0.86 + 0.32 0.32 0.39 0.39 0.00 0.05 unch 0.04 0.04 + 0.41 0.45 + 0.51 0.55 + 0.15 0.16 0.07 0.09 0.10 0.11 + 1.98 2.04 + 1.60 1.65 0.24 0.24 unch 111.46 111.86 + 0.01 0.01 0.33 0.35 0.00 0.07 unch 0.12 0.12 0.10 0.10 0.14 0.14 unch 0.16 0.16 0.13 0.13 unch + 0.00 0.03 + 0.04 0.04 + 4.55 5.15 + 3.69 4.00 0.05 0.05 0.04 0.05

1918 1984 1110 596 368 122 2716 274 194 248 19 296 1 109 950 472 144 148 261 74 919 6209 2350 86 7402 802 82 40 500 1973 47 230 225 340 588 16 126 145 740 1 15 274 1324 169 0 508 136 469 74 1829 0 290 373 608 1101 22 3 4096 358 6 3 9171 3349 352 2061 963 892 4061 155 570 898 14 50 100 116 238 237 1344 1447 81 450 1227 1 50 60 22 49 310 439 142 999 784 986 129 23 3896 1786 3142 1146 47 142 148 82 1563 1978 236 744 41 279 1428 344 231 649 1236 427 4 189 493 25 646 6219 2430 638 321 72 24 4273 138 148 334 125 626 5 5439 35 575 1307 1435 26 123 801 165 998 133 337

1.47 1.82 0.32 0.26 0.05 1.38 0.13 0.11 0.31 0.38 0.36 0.17 0.14 0.01 0.30 0.14 0.11 0.20 0.24 3.01 9.75 7.87 0.51 0.25 0.00 0.54 0.42 0.10 0.13 0.14 0.28 0.06 0.17 0.19 0.11 0.09 0.88 0.20 0.25 0.54 0.59 22.17 17.84 0.61 0.00 0.24 0.21 0.07 0.02 0.09 0.00 0.05 0.05 0.19 0.23 1.27 0.95 0.59 0.15 0.12 5.00 19.92 0.09 0.10 0.13 0.85 4.83 3.92 5.30 0.15 0.19 0.11 0.15 0.81 1.04 1.10 0.89 0.33 0.41 0.17 0.74 0.61 0.00 0.14 0.17 0.16 0.20 0.14 0.18 0.06 0.08 0.58 0.53 0.43 0.35 5.49 6.81 9.18 11.36 0.29 0.15 0.69 0.08 0.11 0.34 0.27 0.08 0.06 3.01 3.72 0.22 0.11 0.14 0.44 0.35 0.04 0.06 0.43 0.31 0.07 0.48 0.39 9.95 0.42 0.51 0.96 0.78 0.13 0.16 0.20 0.07 0.09 2.24 73.90 0.19 0.24 0.53 0.43 0.65 0.06 0.27 0.22 0.08 0.07 0.33

High Low

0.01 0.02 0.02 0.01 0.02 0.02 0.05 0.00 0.01 0.00 0.00 0.03 0.00 0.00 0.02 0.01 0.02 0.00 0.01 0.12 0.12 0.00 6.28 0.00 0.01 0.00 0.01 0.00 0.00 0.04 0.00 0.00 0.01 0.36 0.31 0.01 0.00

0.14 0.09 0.19 0.25 0.29 0.23 0.20 0.10 0.16 1.93 0.60 0.76 0.08 0.06 0.80 0.64 0.36 0.15 0.13 2.32 1.86 0.44 147.64 0.05 0.48 1.24 0.29 0.20 0.15 0.23 0.19 0.07 0.08 6.20 8.70 0.14 0.09

0.05 0.02 0.07 0.09 0.11 0.10 0.02 0.04 0.06 0.11 0.14 0.16 0.03 0.02 0.18 0.25 0.14 0.02 0.03 1.18 0.86 0.18 99.32 0.00 0.20 0.03 0.03 0.02 0.01 0.05 0.07 0.01 0.01 0.70 0.54 0.03 0.02

0.03 0.03 0.02 0.01 0.02 0.04 0.04 0.03 0.02 0.00 0.05 0.01 0.00 0.00 0.06 0.01 0.01 0.00 0.01 0.14 0.45 0.22 0.01 0.04 0.00 0.12 0.11 0.00 0.01 0.00 0.02 0.01 0.01 0.00 0.00 0.00 0.04 0.00 0.01 0.00 0.06 1.35 0.78 0.05 0.00 0.01 0.01 0.01 0.01 0.02 0.00 0.01 0.01 0.02 0.03 0.00 0.80 0.07 0.02 0.00 0.01 0.99 0.01 0.01 0.01 0.06 0.14 0.19 0.10 0.01 0.01 0.01 0.00 0.01 0.01 0.02 0.02 0.01 0.02 0.01 0.03 0.02 0.00 0.01 0.01 0.01 0.03 0.01 0.01 0.00 0.01 0.01 0.01 0.01 0.01 0.16 0.35 0.21 0.42 0.04 0.06 0.06 0.00 0.01 0.01 0.01 0.00 0.01 0.09 0.03 0.03 0.01 0.01 0.01 0.01 0.00 0.01 0.03 0.03 0.00 0.09 0.07 0.92 0.02 0.01 0.03 0.02 0.01 0.00 0.01 0.00 0.00 0.15 2.23 0.02 0.01 0.01 0.00 0.07 0.00 0.03 0.01 0.01 0.01 0.01

2.80 3.54 0.39 0.36 0.05 1.57 0.14 0.19 0.31 0.40 0.45 0.22 0.17 0.04 0.30 0.40 0.32 0.31 0.40 3.51 14.22 10.63 0.58 0.51 0.02 1.24 0.92 0.14 0.20 0.16 2.00 0.09 0.28 0.35 0.22 0.17 0.95 0.46 0.53 0.56 0.75 29.00 22.86 0.71 0.55 0.37 0.40 0.10 0.07 0.14 0.25 0.06 0.08 0.66 0.85 2.06 1.56 0.70 0.25 0.19 7.72 20.68 0.08 0.14 0.17 1.07 4.92 3.87 5.52 0.18 0.22 0.18 0.24 0.90 1.40 2.29 2.51 0.46 0.59 0.35 0.94 0.75 0.25 0.34 0.40 0.24 0.30 0.37 0.49 0.48 0.12 0.85 1.20 0.45 0.35 8.91 11.62 12.88 16.37 0.30 0.25 1.00 0.20 0.26 0.34 0.27 0.11 0.08 3.11 3.95 0.50 0.20 0.23 0.60 0.48 0.11 0.16 0.43 0.29 0.25 0.47 0.37 9.95 0.56 0.72 1.56 1.25 0.15 0.28 0.34 0.13 0.18 2.33 83.15 0.34 1.45 0.70 0.55 1.39 0.14 0.77 0.59 0.21 0.16 0.80

1.17 1.63 0.06 0.04 0.00 0.83 0.02 0.01 0.13 0.18 0.19 0.11 0.08 0.00 0.14 0.08 0.00 0.13 0.18 1.42 7.57 5.96 0.11 0.18 0.00 0.35 0.28 0.04 0.04 0.08 0.20 0.02 0.04 0.07 0.08 0.05 0.08 0.12 0.18 0.24 0.33 18.98 13.51 0.15 0.15 0.03 0.02 0.02 0.01 0.03 0.00 0.03 0.01 0.12 0.12 1.05 0.00 0.11 0.05 0.03 2.53 6.99 0.02 0.03 0.05 0.74 0.94 0.65 1.30 0.03 0.04 0.00 0.11 0.46 0.56 0.22 0.69 0.12 0.17 0.07 0.32 0.22 0.10 0.05 0.08 0.06 0.09 0.12 0.11 0.02 0.03 0.28 0.21 0.05 0.13 3.65 5.12 6.21 8.77 0.00 0.00 0.59 0.08 0.10 0.10 0.07 0.03 0.02 0.68 0.95 0.18 0.04 0.06 0.15 0.10 0.00 0.02 0.04 0.20 0.05 0.08 0.06 1.38 0.25 0.35 0.33 0.22 0.04 0.09 0.11 0.05 0.02 1.13 31.12 0.16 0.19 0.13 0.09 0.01 0.04 0.09 0.06 0.02 0.01 0.26

S 1.40 1.74 0.28 0.22 0.00 1.31 0.09 0.06 0.29 0.35 0.32 0.16 0.00 0.01 0.21 0.12 0.10 0.00 0.23 2.84 9.08 7.38 0.45 0.21 0.00 0.35 0.29 0.09 0.11 0.12 0.00 0.06 0.13 0.17 0.10 0.08 0.00 0.18 0.22 0.54 0.00 20.76 16.89 0.55 0.00 0.20 0.15 0.05 0.00 0.07 0.00 0.04 0.04 0.14 0.16 1.20 0.15 0.50 0.10 0.12 4.90 18.64 0.05 0.08 0.11 0.76 4.22 3.39 5.05 0.13 0.17 0.05 0.13 0.73 0.95 1.00 0.81 0.30 0.38 0.16 0.68 0.55 0.00 0.13 0.16 0.13 0.16 0.12 0.17 0.05 0.06 0.48 0.40 0.38 0.31 5.15 6.38 8.56 10.56 0.00 0.07 0.62 0.08 0.10 0.25 0.20 0.07 0.06 2.70 3.48 0.18 0.09 0.12 0.40 0.32 0.04 0.06 0.33 0.00 0.06 0.37 0.30 9.05 0.00 0.48 0.86 0.69 0.13 0.14 0.18 0.07 0.08 2.23 69.17 0.18 0.00 0.46 0.37 0.00 0.06 0.24 0.19 0.07 0.00 0.28

1.42 1.76 + 0.30 + 0.24 + 0.03 1.33 + 0.13 + 0.10 + 0.31 0.35 unch + 0.36 0.16 0.12 0.01 + 0.28 0.13 + 0.11 0.19 + 0.24 2.86 9.10 7.42 + 0.46 0.21 0.00 + 0.50 + 0.41 0.10 0.12 0.12 unch + 0.28 + 0.06 0.13 0.18 unch 0.11 unch + 0.09 0.81 0.18 0.23 0.54 unch 0.55 20.79 16.94 + 0.61 0.43 unch + 0.20 + 0.17 0.06 0.02 0.07 0.04 unch + 0.05 + 0.05 0.14 0.17 1.20 unch 0.15 + 0.56 0.13 0.12 unch + 4.91 18.65 + 0.08 + 0.09 + 0.12 + 0.80 + 4.33 + 3.56 + 5.30 0.14 0.18 + 0.11 0.14 unch + 0.79 0.95 1.05 0.84 0.31 0.38 0.16 0.70 0.56 0.14 unch 0.13 0.17 0.13 0.18 0.14 0.17 + 0.05 + 0.07 0.51 + 0.43 0.41 + 0.34 5.28 6.46 8.67 10.65 + 0.25 + 0.13 + 0.69 0.08 0.10 0.27 0.21 0.07 unch + 0.06 + 2.93 + 3.58 + 0.22 + 0.11 + 0.13 + 0.43 + 0.35 0.04 0.06 + 0.41 + 0.31 0.07 unch + 0.46 + 0.37 + 9.95 0.39 + 0.51 0.88 0.71 0.13 0.15 + 0.19 0.07 0.09 unch + 2.23 69.41 0.18 + 0.24 0.47 + 0.38 + 0.65 0.06 unch 0.24 0.20 0.08 + 0.07 0.30

GLOBAL MINING NEWS

(100s) Stock

THE NORTHERN MINER / MAY 10—23, 2021

Week

Exc Volume

High

Low

Last

0.12 0.16 0.25 0.02 0.17 0.56 0.58 0.70 19.41 15.79 0.10 0.37 0.30 2.66 3.34 0.00 0.08 3.91 0.05 0.16 0.20 0.01 0.20 0.24 0.00 0.19 0.24 1.83 2.27 0.00 0.07 0.00 0.10 2.15 1.75 0.39 0.30 0.00 0.11 0.21 0.24 0.11 0.00 0.17 0.00 0.18 0.00 0.36 0.45 0.25 0.00 0.04 0.19 0.15 0.15 0.12 0.68 0.59 0.48 0.27 0.00 0.11 0.86 1.07 0.38 0.58 0.49 20.26 25.21 0.62 0.74 0.43 0.42 0.05 0.00 0.17 0.22 0.42 0.34 0.00 0.00 0.87

0.14 0.18 0.26 0.02 0.17 0.59 0.67 0.82 19.51 15.86 0.11 0.38 0.31 3.35 4.10 0.50 0.09 4.21 0.05 0.18 0.23 0.02 0.20 0.24 0.06 0.19 0.24 2.33 2.86 0.05 0.07 0.08 0.11 2.22 1.82 0.43 0.36 0.14 0.11 0.21 0.28 0.13 0.00 0.18 0.17 0.22 0.00 0.37 0.46 0.25 0.26 0.06 0.21 0.16 0.20 0.16 0.80 0.62 0.49 0.27 0.00 0.12 0.90 1.11 0.39 0.78 0.63 21.42 26.29 0.62 0.74 0.73 0.45 0.05 0.05 0.18 0.22 0.45 0.36 0.01 0.18 0.94

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

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

501 2287 3375 94 277 187 1299 7236 3169 7057 1185 1977 1727 52 67 77 1081 2623 20 484 1301 349 11 700 104 35 302 131 1418 0 7 134 376 114 35 842 206 146 6 49 648 70 1551 275 149 645 1790 315 351 456 0 3077 1291 876 1342 593 159 44 4 28 4 330 129 320 328 935 78 27470 21188 38 1340 834 97 217 0 183 331 1390 97 549 38 56

0.15 0.18 0.35 0.02 0.18 0.62 0.82 1.02 20.50 16.51 0.13 0.41 0.33 3.52 4.35 0.51 0.09 4.75 0.08 0.18 0.23 0.02 0.20 0.25 0.08 0.21 0.26 2.33 2.87 0.00 0.07 0.09 0.11 2.22 1.82 0.44 0.36 0.15 0.12 0.23 0.28 0.13 0.01 0.23 0.17 0.22 0.00 0.39 0.48 0.28 0.00 0.06 0.22 0.17 0.20 0.18 0.90 0.62 0.49 0.27 0.00 0.12 0.92 1.18 0.40 0.85 0.66 22.34 27.45 0.66 0.82 0.74 0.45 0.05 0.00 0.21 0.26 0.48 0.39 0.01 0.18 0.98

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

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

136 61 877 1673 213 337 3872 5 106 893 145 4602 136 1369 59 101 862

0.18 0.15 0.11 0.37 0.30 0.05 0.68 0.00 12.75 0.05 0.72 0.59 0.23 0.29 0.12 0.10 0.15

(100s)

12-month Change

High Low

Stock

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

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

0.01 0.02 0.03 0.01 0.01 0.06 0.11 0.12 0.94 0.53 0.01 0.01 0.00 0.13 0.35 0.01 0.00 0.21 0.03 0.02 0.03 0.00 0.00 0.01 0.00 0.01 0.01 0.50 0.57 0.00 0.00 0.00 0.01 0.05 0.09 0.05 0.05 0.01 0.00 0.00 0.00 0.01 0.00 0.01 0.02 0.04 0.00 0.00 0.01 0.02 0.00 0.02 0.02 0.01 0.04 0.03 0.10 0.03 0.01 0.02 0.08 0.01 0.01 0.02 0.00 0.17 0.15 1.05 0.92 0.01 0.04 0.27 0.00 0.00 0.00 0.03 0.03 0.03 0.01 0.00 0.05 0.07

0.36 0.27 0.35 0.03 0.23 1.05 0.82 1.02 33.69 25.32 0.20 1.19 0.99 5.16 6.50 0.60 0.17 4.75 0.10 0.25 0.38 0.18 0.24 0.34 0.19 0.27 0.35 2.24 2.94 0.51 0.11 0.14 0.14 3.14 2.41 0.92 0.70 0.38 0.29 0.29 0.35 0.28 0.01 0.35 0.26 0.38 0.01 0.60 0.80 0.52 0.41 0.09 0.33 0.26 0.27 0.21 0.90 0.94 0.72 0.55 0.09 0.20 2.20 3.50 1.34 0.75 0.61 23.69 29.55 1.15 1.53 0.89 0.58 0.32 0.24 0.25 0.29 0.85 0.40 0.05 0.18 1.10

0.01 0.02 0.03 0.01 0.05 0.33 0.02 0.14 17.29 13.68 0.01 0.04 0.02 0.06 0.06 0.17 0.05 0.67 0.02 0.12 0.12 0.00 0.11 0.15 0.01 0.06 0.08 0.38 0.46 0.05 0.02 0.02 0.04 0.90 1.42 0.05 0.04 0.14 0.11 0.19 0.10 0.04 0.00 0.12 0.11 0.06 0.00 0.26 0.35 0.21 0.26 0.01 0.03 0.02 0.07 0.05 0.16 0.20 0.29 0.21 0.00 0.04 0.60 0.09 0.35 0.18 0.14 10.67 14.28 0.40 0.51 0.16 0.22 0.04 0.05 0.03 0.05 0.06 0.32 0.00 0.05 0.14

0.17 0.18 0.14 0.14 unch 0.10 0.11 unch 0.34 0.35 unch 0.28 0.28 0.03 0.03 + 0.60 0.67 + 0.00 0.00 + 11.45 12.13 + 0.05 0.05 unch 0.66 0.70 + 0.55 0.56 0.20 0.23 + 0.24 0.29 + 0.11 0.11 unch 0.09 0.10 + 0.12 0.14 -

0.01 0.00 0.00 0.00 0.01 0.01 0.06 0.00 0.25 0.00 0.01 0.01 0.02 0.04 0.00 0.01 0.01

0.31 0.22 0.23 0.44 0.39 0.15 0.90 0.10 26.25 0.12 2.12 1.91 0.43 1.00 0.16 0.16 0.25

0.12 0.08 0.05 0.28 0.21 0.01 0.09 0.00 3.75 0.01 0.63 0.50 0.18 0.18 0.06 0.04 0.06

T

Week

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

0 644 65 20392 2915 98 27079 9076 16 203 1080 1152 2244 1578 1319 10 100 402 71 72 28 390 429 519 20 166 199 40 609 19 16 358 258 3 1169 19 416 136 1 149 467 732 1460 143 6 3 91 118 94 312 378 2441 6 717 177 1420 1108 465 20 603 57 5 25 50 491 1 18 35 48 75 432 8 3 1553 7844 5 20 72 13 215 127 1009 26 2 326 15 605 201 230 154 75 549 317 3 0 3 184 347 78 1052 536 5319

12-month

High

Low

Last

Change

0.00 0.51 0.42 2.16 2.65 0.45 22.79 28.24 34.75 0.09 0.12 0.46 0.59 1.38 1.15 0.11 0.14 0.21 0.17 0.05 0.04 0.29 0.23 0.06 0.04 0.05 2.88 2.30 2.44 0.12 0.10 1.32 0.24 0.30 0.38 0.17 0.08 0.07 0.17 0.27 0.22 0.23 0.25 0.06 0.66 0.49 0.60 0.53 0.08 0.81 0.08 0.19 2.50 0.19 14.01 16.66 0.95 0.80 0.08 0.11 0.36 0.24 0.16 0.18 0.05 0.04 0.15 0.19 0.72 0.90 7.86 0.10 0.09 0.17 0.21 0.12 0.08 0.10 0.85 1.07 3.05 2.38 0.09 0.07 0.11 0.10 0.22 0.28 0.18 0.14 0.89 1.12 0.18 0.06 0.00 0.13 0.76 3.12 2.60 1.06 0.86 19.30

0.00 0.47 0.10 1.88 2.34 0.42 21.03 25.83 0.00 0.08 0.10 0.35 0.43 1.10 0.89 0.10 0.00 0.18 0.15 0.05 0.04 0.25 0.20 0.05 0.04 0.00 2.53 2.04 2.20 0.09 0.09 1.15 0.13 0.00 0.34 0.16 0.07 0.06 0.00 0.22 0.18 0.17 0.21 0.05 0.62 0.00 0.00 0.49 0.07 0.73 0.07 0.15 2.11 0.16 12.11 14.88 0.87 0.72 0.08 0.09 0.31 0.24 0.16 0.18 0.04 0.04 0.14 0.17 0.71 0.87 7.50 0.00 0.07 0.15 0.19 0.12 0.07 0.09 0.76 0.97 2.76 2.25 0.08 0.00 0.10 0.10 0.19 0.24 0.16 0.12 0.85 1.04 0.16 0.05 0.00 0.00 0.68 2.84 2.31 0.88 0.73 17.49

0.14 unch 0.51 + 0.42 + 1.99 + 2.46 + 0.45 + 21.17 26.01 34.00 + 0.09 0.11 0.46 + 0.59 + 1.15 0.94 0.11 + 0.13 0.18 + 0.16 + 0.05 unch 0.04 0.26 0.22 0.06 + 0.04 + 0.05 2.68 2.19 2.20 0.12 0.10 1.27 + 0.13 0.29 + 0.38 + 0.16 + 0.07 0.06 + 0.17 0.25 0.20 0.19 + 0.24 + 0.06 + 0.66 + 0.42 0.55 0.51 + 0.07 0.80 + 0.08 + 0.17 2.50 + 0.17 12.11 14.88 0.92 + 0.75 + 0.08 unch 0.09 0.36 + 0.24 unch 0.16 unch 0.18 unch 0.05 0.04 unch 0.14 0.18 unch 0.71 0.87 7.59 0.10 unch 0.07 + 0.17 + 0.21 + 0.12 unch 0.07 0.09 0.83 + 0.97 2.78 2.26 0.09 + 0.01 0.11 + 0.10 unch 0.21 0.26 0.17 unch 0.14 + 0.87 1.09 0.18 + 0.05 0.10 unch 0.13 unch 0.73 2.97 + 2.44 + 1.06 + 0.81 + 17.61 +

0.00 0.01 0.02 0.15 0.20 0.03 0.74 1.35 1.05 0.00 0.01 0.08 0.12 0.11 0.07 0.01 0.01 0.03 0.04 0.00 0.01 0.02 0.01 0.01 0.00 0.01 0.07 0.05 0.19 0.01 0.00 0.07 0.10 0.03 0.04 0.00 0.01 0.00 0.04 0.02 0.01 0.00 0.01 0.01 0.04 0.04 0.03 0.01 0.01 0.06 0.01 0.01 0.15 0.02 1.19 1.70 0.01 0.02 0.00 0.01 0.05 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.03 0.05 0.12 0.00 0.00 0.02 0.03 0.00 0.01 0.01 0.04 0.02 0.04 0.02 0.00 0.06 0.01 0.00 0.01 0.02 0.00 0.01 0.01 0.01 0.02 0.00 0.00 0.00 0.01 0.02 0.06 0.12 0.06 0.34

(100s)

High Low

Stock

0.14 0.55 0.55 2.16 2.65 0.47 23.93 29.81 34.75 0.25 0.34 0.50 0.62 2.27 1.78 0.18 0.30 0.33 0.17 0.14 0.08 0.55 0.41 0.07 0.12 0.17 4.85 3.80 4.70 0.12 0.10 1.32 0.70 0.30 0.37 0.34 0.20 0.16 0.30 0.51 0.40 0.24 0.30 0.08 1.50 0.99 1.10 0.63 0.09 0.81 0.11 0.33 3.09 0.45 19.45 25.52 0.97 0.80 0.12 0.15 0.38 0.29 0.24 0.30 0.07 0.05 0.20 0.26 1.40 1.98 8.35 0.20 0.14 0.21 0.27 0.12 0.10 0.13 2.06 2.78 3.29 2.60 0.12 0.15 0.15 0.11 0.35 0.47 0.48 0.34 1.33 1.82 0.18 0.27 0.19 0.25 0.91 4.51 3.40 1.80 1.33 19.64

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

0.08 0.05 0.00 0.30 0.42 0.09 7.79 11.01 14.02 0.07 0.09 0.05 0.08 0.10 0.30 0.07 0.09 0.14 0.12 0.05 0.03 0.20 0.16 0.02 0.03 0.04 0.49 0.34 0.82 0.04 0.03 0.52 0.00 0.16 0.15 0.07 0.06 0.05 0.09 0.06 0.04 0.08 0.12 0.03 0.40 0.00 0.16 0.24 0.03 0.15 0.06 0.12 1.16 0.15 11.70 14.81 0.41 0.29 0.04 0.03 0.17 0.14 0.12 0.02 0.03 0.02 0.10 0.13 0.62 0.75 4.67 0.08 0.05 0.04 0.06 0.12 0.01 0.02 0.35 0.36 1.90 1.43 0.05 0.00 0.06 0.05 0.15 0.19 0.13 0.11 0.62 0.84 0.03 0.05 0.05 0.08 0.07 0.56 0.39 0.53 0.40 4.40

Week

Exc Volume T V O O V V

1177 1373 129 169 324 479

High

Low

Last

23.94 0.06 0.04 0.00 0.03 0.08

21.52 21.62 0.05 0.06 0.04 0.04 0.00 0.00 0.00 0.03 0.07 0.07

12-month High Low

Stock

+ + + -

24.65 0.06 0.05 0.01 0.05 0.11

Vulcan Mnrls* Vulcan Mnrls VVC Expl VVC Expl*

O V V O

Walker Lane* Walker River* Walker River Wallbridge Mng* Wallbridge Mng Warrior Gold* Warrior Gold Waseco Res Wealth Mnrls* Wealth Mnrls Wescan Gldflds Wescan Gldflds* Wesdome Gold Wesdome Gold* West High Yld West Mining* West Mining West Red Lake* West Red Lake West Vault Western Areas* Western Atlas Western Atlas* Western Copper* Western Copper Western Gold Western Mag* Western Mag Western Potash Western Res* Western Troy C Western U&V Western U&V* Westhaven Gold Westhaven Vent* Westkam Gold* Westkam Gold Westminster Rs Westminster Rs* WestMountain* Wheaton Prec Wheaton Prec* White Energy* White Gold* White Gold White Metal R* White Metal Rs White Mtn Engy* Whitehaven Coa* Whitehorse GC Wildsky Res* Wildsky Res Winshear Gold 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 Zacatecas Silv Zacatecas Silv* ZEN Graphene* ZEN Graphene Zena Mining Zephyr Mnls Zephyr Mnls* Zimtu Capital Zinc One Res Zinc One Res * ZincX Res ZincX Res* Zonte Metals Zonte Metals*

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

0.08 0.01 0.00 0.00 0.01 0.01

6.30 0.01 0.01 0.00 0.02 0.04

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

D 141 V 316 O 322 C 24 O 3804 O 202 V 116 T 12561 O 34 V 29 O 313 O 111 V 629 O 1449 C 1521 O 79 X 13528 N 95894 O 89 V 1103 V 726 X 7634 T 424 V 2446 X 19287 O 474 X 5925 V 976 D 1079 V 1301 O 39 V 141 O 553 V 44 V 61 O 36 N 154475 O 10208 O 194 V 228 C 22629 O 362 V 412 O 14 V 79 O 48 V 804 O 1303 V 2230 V 529 O 805 V 5 O 2 O 137 V 318 O 4598 V 1287 O 509 T 126 O 24 O 219 O 11 V 1487 O 139 T 348 C 17 O 81 C 1545 O 1356 V 703 O 378 V 243 O 38 V 165 V 4260 O 1010 V 300 T 16 X 1010 O 124 V 200 V 788 O 380 C 72 O 21 V 162 O 2 C 5 O 110 V 866 O 84 V 56

11.05 0.28 0.23 0.05 22.97 1.20 1.46 0.45 0.21 0.25 0.11 0.25 0.32 0.89 1.03 0.04 1.04 24.96 0.08 0.11 1.81 1.15 1.43 1.02 3.15 0.08 4.91 4.32 3.58 0.05 0.03 0.30 0.02 0.21 0.14 0.10 21.12 0.07 0.27 0.33 0.44 0.06 0.07 0.08 0.10 0.22 0.27 0.59 0.65 1.15 0.95 0.30 0.21 0.37 0.47 0.05 0.06 0.09 1.40 0.02 0.01 0.09 0.13 12.06 14.99 0.06 0.05 0.10 0.08 0.37 0.31 0.36 0.13 0.16 0.22 0.18 0.17 1.39 1.14 0.26 0.33 1.95 1.58 0.12 0.39 0.48 0.24 0.32 0.15 0.18 0.29 0.36

10.51 0.27 0.19 0.05 18.40 1.05 1.30 0.38 0.19 0.22 0.09 0.23 0.28 0.75 0.93 0.03 0.88 21.44 0.06 0.09 1.68 1.04 1.29 0.86 2.76 0.07 4.35 3.62 2.92 0.03 0.01 0.29 0.01 0.21 0.12 0.09 19.83 0.04 0.24 0.30 0.26 0.05 0.00 0.00 0.09 0.20 0.23 0.46 0.57 0.92 0.75 0.25 0.21 0.34 0.00 0.04 0.05 0.06 1.25 0.00 0.00 0.00 0.10 10.78 13.25 0.00 0.04 0.08 0.06 0.23 0.18 0.33 0.13 0.00 0.16 0.13 0.16 1.31 1.06 0.23 0.29 1.74 1.43 0.10 0.35 0.00 0.24 0.00 0.14 0.15 0.26 0.32

11.00 0.27 0.23 0.05 22.50 1.06 1.31 0.45 0.21 0.25 0.09 0.24 0.28 0.82 1.00 0.04 0.94 23.01 0.08 0.10 1.79 1.15 1.41 0.92 2.90 0.07 4.43 4.27 3.52 0.05 0.03 0.29 0.02 0.21 0.12 0.10 20.12 0.05 0.26 0.32 0.43 0.05 0.06 0.08 0.09 0.20 0.25 0.49 0.61 1.02 0.82 0.25 0.21 0.37 0.46 0.04 0.05 0.09 1.30 0.02 0.01 0.09 0.13 10.95 13.40 0.05 0.04 0.09 0.07 0.35 0.29 0.36 0.13 0.14 0.20 0.16 0.17 1.31 1.06 0.24 0.29 1.87 1.52 0.11 0.38 0.47 0.24 0.32 0.15 0.17 0.26 0.32

(100s)

Change

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

0.56 0.01 0.02 0.00 4.00 0.11 0.14 0.09 0.02 0.02 0.00 0.02 0.04 0.07 0.06 0.01 0.05 0.70 0.02 0.01 0.07 0.09 0.08 0.03 0.03 0.00 0.15 0.56 0.53 0.01 0.00 0.01 0.00 0.00 0.01 0.01 0.46 0.02 0.02 0.03 0.19 0.00 0.01 0.02 0.01 0.01 0.00 0.01 0.01 0.03 0.01 0.00 0.00 0.00 0.01 0.00 0.01 0.03 0.05 0.01 0.00 0.00 0.02 1.03 1.56 0.00 0.00 0.01 0.01 0.09 0.09 0.01 0.00 0.01 0.04 0.03 0.00 0.07 0.04 0.01 0.01 0.07 0.02 0.01 0.03 0.05 0.00 0.02 0.00 0.00 0.03 0.03

17.40 0.35 0.27 0.08 30.20 2.36 2.97 0.44 0.23 0.28 0.19 0.50 0.67 1.46 1.80 0.05 2.56 27.40 0.15 0.21 4.80 1.57 1.99 1.68 3.67 1.23 14.50 4.14 3.45 0.07 0.06 0.45 0.03 0.29 0.20 0.16 21.12 0.20 0.36 0.45 0.36 0.10 0.14 0.08 0.10 0.26 0.27 0.70 0.73 1.75 2.32 0.38 0.25 0.47 0.61 0.09 0.11 0.09 1.97 1.00 2.00 0.19 0.30 16.09 21.04 0.10 0.08 0.60 0.49 0.39 0.31 0.49 0.30 0.38 0.95 0.74 0.22 1.90 1.45 0.36 0.48 2.93 2.14 0.44 0.68 0.93 0.38 0.50 0.24 0.35 0.35 0.43

4.60 0.07 0.02 0.04 0.13 0.64 0.70 0.12 0.02 0.03 0.00 0.14 0.18 0.08 0.12 0.02 0.22 6.58 0.06 0.05 1.57 0.42 0.55 0.07 0.82 0.01 1.29 0.98 0.70 0.02 0.01 0.12 0.00 0.11 0.09 0.07 7.69 0.00 0.16 0.21 0.06 0.04 0.04 0.02 0.03 0.04 0.05 0.05 0.07 0.66 0.52 0.16 0.03 0.26 0.34 0.02 0.04 0.01 0.40 0.00 0.00 0.01 0.02 5.54 7.75 0.02 0.01 0.05 0.02 0.06 0.04 0.27 0.05 0.08 0.02 0.01 0.01 1.01 0.72 0.16 0.22 0.40 0.29 0.01 0.13 0.19 0.13 0.19 0.03 0.04 0.13 0.20

Exc Volume

Week

23

12-month

High

Low

Last

174 749 114 121

0.16 0.19 0.13 0.11

0.14 0.16 0.11 0.09

0.14 0.18 0.12 0.11

111 399 5368 860 1820 209 238 557 2089 1895 1 9 920 200 252 300 2203 151 619 40 33 462 346 2982 1091 136 141 330 617 10 12 242 261 275 81 1 428 85 2 0 4045 10021 21 123 218 146 378 171 5 206 8 5 83 9 1173 2024 3180 231 56 544 4166 3 686 51 535 114 18 6 30 46 185 250 67 258 67 27 8479 37983 2 2194 255 6 625 713 46 414 49 92 3255 346 125 56 105 5

0.09 0.10 0.13 0.53 0.63 0.07 0.08 0.06 0.31 0.39 0.10 0.07 9.95 8.30 0.17 0.30 0.38 0.07 0.08 1.20 1.79 0.08 0.07 1.54 1.90 0.40 0.10 0.12 0.18 0.13 0.15 2.25 1.81 0.68 0.56 0.12 0.14 0.28 0.16 3.00 53.40 42.92 0.09 0.57 0.71 0.10 0.13 0.03 1.01 1.72 0.14 0.19 0.08 0.07 0.12 0.10 0.68 0.30 0.26 0.72 0.14 0.00 0.11 0.08 0.08 0.20 0.17 0.39 0.08 0.07 0.26 0.32 0.08 0.10 1.10 0.90 6.02 4.85 1.30 0.06 1.25 1.00 2.23 2.70 0.16 0.18 0.15 0.24 0.02 0.02 0.21 0.17 0.19 0.16

Change

High Low

-

0.01 0.01 0.02 0.00

0.16 0.19 0.16 0.13

0.03 0.04 0.02 0.01

0.00 0.08 0.08 0.08 0.10 0.10 0.48 0.50 unch 0.60 0.62 unch 0.06 0.06 0.07 0.07 0.04 0.06 0.26 0.29 0.32 0.35 0.00 0.10 unch 0.06 0.06 9.03 9.06 7.20 7.43 0.15 0.16 unch 0.23 0.27 + 0.29 0.33 + 0.06 0.06 0.07 0.08 unch 1.16 1.20 + 1.67 1.78 + 0.07 0.07 0.00 0.05 1.34 1.43 + 1.68 1.78 + 0.28 0.40 unch 0.09 0.09 0.11 0.12 unch 0.17 0.17 unch 0.13 0.13 unch 0.00 0.15 + 1.71 2.00 + 1.37 1.63 + 0.62 0.66 0.52 0.53 0.00 0.11 0.00 0.14 unch 0.25 0.28 + 0.16 0.16 unch 0.00 2.00 50.76 50.99 40.99 41.32 0.08 0.08 0.52 0.52 0.63 0.63 0.09 0.10 + 0.11 0.12 unch 0.02 0.02 + 0.98 1.00 1.56 1.56 0.00 0.14 + 0.00 0.19 + 0.08 0.08 unch 0.00 0.07 0.10 0.11 0.08 0.09 0.58 0.61 + 0.28 0.28 0.24 0.24 0.61 0.66 0.11 0.13 + 0.00 0.05 unch 0.09 0.09 0.07 0.07 0.06 0.07 unch 0.19 0.19 0.15 0.17 0.00 0.01 unch 0.08 0.08 + 0.07 0.07 + 0.24 0.26 + 0.30 0.30 0.08 0.08 + 0.09 0.09 1.02 1.03 + 0.00 0.88 + 5.62 5.63 4.56 4.59 1.30 1.30 unch 0.05 0.06 + 1.15 1.20 0.99 1.00 + 1.64 1.84 + 2.05 2.29 + 0.16 0.16 + 0.16 0.16 0.13 0.14 0.22 0.24 + 0.01 0.02 unch 0.01 0.01 + 0.20 0.20 + 0.16 0.17 + 0.18 0.19 + 0.16 0.16 unch

0.01 0.01 0.02 0.00 0.00 0.01 0.01 0.01 0.02 0.03 0.00 0.01 0.84 0.54 0.00 0.03 0.04 0.00 0.00 0.03 0.03 0.02 0.01 0.09 0.09 0.00 0.00 0.00 0.00 0.00 0.01 0.24 0.21 0.01 0.00 0.01 0.00 0.04 0.00 0.80 2.35 1.45 0.01 0.04 0.06 0.00 0.00 0.00 0.05 0.14 0.00 0.01 0.00 0.00 0.01 0.01 0.06 0.02 0.01 0.04 0.02 0.00 0.01 0.00 0.00 0.01 0.00 0.00 0.01 0.00 0.01 0.02 0.01 0.01 0.01 0.03 0.31 0.18 0.00 0.01 0.01 0.01 0.13 0.12 0.01 0.02 0.00 0.02 0.00 0.00 0.01 0.01 0.01 0.00

0.12 0.11 0.15 1.01 1.35 0.11 0.15 0.07 0.31 0.39 0.15 0.09 15.00 11.37 0.30 1.16 1.70 0.17 0.21 1.99 2.43 0.19 0.14 1.92 2.42 0.69 0.15 0.18 0.31 0.19 0.33 2.47 1.99 1.25 0.93 0.22 0.30 0.28 0.20 7.00 76.69 57.89 0.11 2.00 1.34 0.12 0.17 0.03 1.46 4.80 0.24 0.30 0.15 0.11 0.20 0.18 2.34 0.36 0.27 1.54 0.26 0.09 0.25 0.18 0.11 0.45 0.20 0.47 0.13 0.13 0.60 0.80 0.11 0.23 1.54 1.22 9.29 7.02 1.30 0.08 1.89 1.05 2.97 3.77 0.22 1.15 0.88 0.28 0.05 0.10 0.23 0.19 0.33 0.24

0.03 0.05 0.07 0.36 0.52 0.01 0.05 0.02 0.05 0.07 0.04 0.03 7.78 6.05 0.08 0.16 0.25 0.03 0.05 0.70 1.25 0.06 0.04 0.63 0.88 0.13 0.08 0.10 0.15 0.11 0.06 0.34 0.25 0.50 0.40 0.10 0.08 0.05 0.05 0.55 44.09 34.85 0.05 0.45 0.60 0.03 0.04 0.00 0.63 0.57 0.04 0.06 0.06 0.04 0.08 0.05 0.44 0.09 0.06 0.61 0.10 0.02 0.07 0.05 0.03 0.04 0.08 0.00 0.04 0.02 0.20 0.27 0.05 0.04 0.54 0.37 5.06 3.99 0.73 0.04 1.00 0.96 0.20 0.30 0.05 0.13 0.10 0.08 0.01 0.00 0.08 0.06 0.16 0.13

W-Z

BID-ASK — APRIL 26–30, 2021 12-MONTH STOCK

Aftermath Silv Alacer Gold Amilot Capital AMV Capital Anglo-Bomarc Antler Hill Apex Res Asbestos Corp Atlanta Gold Aurelius Min Aurex Energy Aust Goldfield Avarone Metals Aya Gold Banro Corp* Barker Min BC Moly BE Res Bearclaw Cap Benjamin Hill Blackheath Res Boss Power Brunswick Res C2C Gold Cache Explor Cairo Res Camrova Res Cassius Vents Centurion Mnls Cerro de Pasc Cerro Mng Cleghorn Min Cliffs Nat Res* Clydesdale Res Comet Inds Crystal Peak CWN M’g Acq Cyntar Venture Debut Dmds Duro Metals Earl Res EastCoal Inc Electra Stone Eurotin Everton Res Evolution Glob Excalibur Res Exploits Disc Finore Mng Fire River Gol First Idaho Fort St James Freedom Egy Galore Res GAR Limited General Moly* Gentor Res

EXC

BID

ASK

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

0.24 9.41 0.05 0.12 0.08 0.05 0.07 0.46 0.03 0.13 0.04 ... ...

1.94 0.11 0.01 0.07 0.20 0.23 ...

0.30 0.17 ... ...

0.16 ... ...

0.07 ... ...

0.10 0.10 1.45 0.05 2.90 0.01 0.07 0.10 ...

0.21 0.40 0.11 0.01 0.02 0.10 1.25 0.09 ...

0.12 0.36 0.10 0.23 0.02 0.02 ... ...

0.08

0.25 9.52 0.06 0.15 0.08 0.05 0.11 ...

0.04 0.14 0.06 ... ...

2.19 0.11 0.01 0.15 0.37 0.30 ...

0.30 0.20 0.05 ...

0.17 ...

0.07 0.14 0.04 ...

0.79 0.11 3.20 0.07 3.55 0.02 0.09 ...

0.26 0.48 0.70 0.16 0.02 0.02 0.10 2.50 0.10 ...

0.12 0.44 0.98 0.25 0.02 0.02 ... ...

0.11

12-MONTH

LAST

HIGH

LOW

STOCK

0.25 9.47 0.05 0.12 0.15 0.06 0.10 0.65 0.03 0.14 0.05 0.47 0.04 2.01 0.11 0.01 0.09 0.20 0.25 0.40 0.20 0.17 0.03 0.11 0.16 0.37 0.07 0.07 0.07 0.29 0.60 0.11 1.43 0.05 2.80 0.01 0.07 0.19 0.26 0.15 0.45 0.15 0.01 0.02 0.03 2.00 0.10 0.59 0.11 0.40 0.07 0.23 0.01 0.02 0.15 0.11 0.08

0.33 10.82 0.08 0.26

0.05 3.50 0.03 0.07

0.17 0.99 0.04 0.15 0.06 0.47 0.15 2.50 2.10

0.04 0.46 0.03 0.03 0.03 0.42 0.03 0.82 0.10

0.09 0.20 0.60 0.67 0.26

0.03 0.09 0.10 0.05 0.07

0.15 0.33 0.37

0.03 0.04 0.21

0.10

0.04

0.34 0.60 0.15 7.17 0.07 3.25 0.10 0.08 0.21 0.27 0.27 0.55 0.15

0.12 0.25 0.06 0.98 0.02 2.00 0.01 0.03 0.17 0.08 0.13 0.09 0.09

Gespeg Res GFM Res Global Cop Grp Goldbelt Emp Goldblock Cap Golden Cariboo Golden Indepen GoldHaven Res Great Lakes Gr Great Quest Fe Green Arrow Greenshield Ex Grosvenor Res GrowMax Res High Point Exp 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 Kenadyr Mining Kiplin Metals Knick Expl Kodiak Copper La Imperial Latin Metals Latin Metals Leo Res Lida Resources Lightspeed Dis Lithium South Logan Res Madeira Mrnls MAG Silver* Major Precious Martina Mnls Melior Res Metalore Res Midasco Cap MillenMin Vent Milner Con Slv Minecorp Egy Minsud Res Mongoose Mg Montana Gold Napier Vent Navis Res Corp Nebu Res New Klondike Nrthn Lion

0.06

0.01

2.00 0.11 0.62

2.00 0.01 0.13

0.45 0.07 0.30

0.12 0.07 0.10

0.03 4.13 100.00 0.08

0.01 0.13 0.10 0.03

EXC

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

BID

0.06 0.08 0.07 0.02 0.32 0.10 ... ...

0.05 0.04 0.02 0.16 0.16 0.03 0.31 0.22 ...

0.08 ... ...

0.08 ...

0.24 0.07 0.72 0.17 0.47 0.04 0.37 0.01 0.05 0.05 0.03 0.15 ... ...

0.12 0.31 0.26 ...

12.52 ...

0.07 0.06 2.68 0.11 ...

0.08 ...

0.07 0.07 0.09 0.06 ...

0.03 0.01 0.39

12-MONTH

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LAST

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0.06 0.13 0.08 0.03 0.35 0.12 ... ...

0.05 0.04 0.03 0.18 0.29 0.03 0.50 0.95 ...

0.08 0.01 ...

0.25 ...

0.27 0.12 0.98 0.24 0.48 0.04 0.44 0.01 0.06 0.10 0.04 0.18 ... ...

0.12 0.34 0.30 ...

13.30 ...

0.17 0.06 3.98 0.16 ...

0.12 ...

0.08 ...

0.10 ... ...

0.03 0.01 0.62

0.06 0.07 0.08 0.02 0.32 0.10 0.38 0.42 0.04 0.10 0.02 0.17 0.17 0.09 0.28 0.23 0.17 0.06 0.01 0.03 0.10 0.31 0.24 0.07 0.82 0.24 0.48 0.04 0.40 0.01 0.05 0.06 0.03 0.15 1.09 0.24 0.11 0.31 0.30 0.03 12.52 0.42 0.07 0.08 2.75 0.11 0.05 0.09 0.12 0.07 0.12 0.10 0.07 0.30 0.04 0.01 0.36

0.12 0.15 0.11 0.05 0.32 0.15 0.40 0.45

0.05 0.07 0.04 0.02 0.13 0.02 0.05 0.06

0.04 0.20 0.20

0.02 0.14 0.12

0.39 0.30

0.02 0.23

0.11

0.05

0.11

0.07

0.28 0.18 0.90 0.28 0.73 0.08 0.45

0.04 0.04 0.43 0.16 0.20 0.03 0.11

0.13 0.09 0.16 0.24

0.04 0.05 0.02 0.06

0.27 0.35 0.66 0.37

0.13 0.08 0.24 0.06

14.40 0.42 0.18 0.08 3.65 0.15

6.12 0.02 0.05 0.02 1.55 0.07

0.20 0.20 0.10 0.22 0.10 0.10

0.04 0.07 0.05 0.05 0.02 0.06

0.69

0.19

O2Gold Optimum Vent Ord Mountain Oro X Mining Pac Arc Res Pac Bay Mnrls Parallel Mng Pedro Res PPX Mining Primary Energy Project One Prospero Silvr Quinto Res Rare Element* Reliant Gold Remington Res Rizal Res Rockland Mnls Ross River Royal Gold Sage Gold Samco Gold Secova Mtls Sennen Potash Serabi Gold Sierra Madre D Silver Mtn Mns Sonora Gld & S SOPerior Fert Southern Arc Southstone Min Stans Energy Thunder Mtn Gd Trans Canada Trench Metals Tri-River Vent TriMetals Mng TRU Precious Vale* ValOre Metals Vanadiumcorp Vantex Res Vatic Vent Venerable Vent Waraba Gold Whitemud Res Winshear Gold Zadar Ventures Zara Res Zinco Mng Zincore Mtls

EXC

BID

ASK

LAST

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

0.23 0.34 0.05 0.69 0.10 0.13 0.13 0.12 0.04 ...

0.21 0.55 0.05 0.11 ...

0.22 0.01 0.07 ...

0.33 0.01 0.01 0.05 0.01 1.20 0.15 0.26 0.09 0.04 0.32 0.01 0.01 0.10 0.17 0.55 ...

0.11 0.50 ...

0.06 0.10 0.26 0.05 0.12 0.19 0.01 0.12 0.50 ...

0.05 0.01

0.27 0.40 0.20 0.69 0.15 0.17 0.40 0.12 0.05 ...

0.33 1.18 0.05 0.16 0.10 0.36 0.02 0.08 0.25 0.40 0.01 ...

0.06 1.10 1.25 375.00 0.27 0.09 0.04 0.90 0.01 0.01 ...

0.18 0.55 0.23 0.12 0.50 ...

0.07 0.10 0.41 ...

0.20 0.23 0.02 0.14 0.50 ...

0.07 0.05

0.23 0.35 0.20 0.69 0.16 0.13 0.15 0.13 0.04 0.17 0.21 0.56 0.08 0.15 0.02 0.25 0.02 0.08 0.26 0.40 0.02 0.05 0.05 0.45 1.20 0.11 0.31 0.09 0.04 0.89 0.01 0.01 0.12 0.18 0.55 0.04 0.12 0.29 10.24 0.07 0.09 0.25 0.10 0.10 0.21 0.02 0.14 0.30 0.07 0.05 0.05

HIGH

LOW

0.37 0.53 0.25 0.90

0.06 0.20 0.07 0.27

0.19 0.20 0.19 0.10 0.82 0.60 1.35 0.08 0.89

0.06 0.12 0.09 0.04 0.16 0.15 0.51 0.02 0.06

0.37

0.07

0.11

0.01

0.60

0.22

2.06 0.20 0.53 0.10 0.06 0.93 0.04 0.01 0.29 0.30 0.22

1.05 0.06 0.20 0.02 0.03 0.24 0.01 0.01 0.09 0.02 0.04

0.12 0.38 11.10 0.13 0.13 0.38

0.03 0.10 6.57 0.07 0.04 0.16

0.15 0.70 0.03 0.15 0.35 0.22

0.06 0.10 0.01 0.05 0.18 0.07

24

WWW.NORTHERNMINER.COM

MAY 10—23, 2021 / THE NORTHERN MINER

Q2 Edition May 19 - 20, 2021

events.northernminer.com/q2-gms-2021

KEYNOTE SPEAKERS

DAVID GAROFALO Chairman & CEO Gold Royalty Corp.

JAKE KLEIN Executive Chairman Evolution Mining Limited

SWING INTO SPRING WITH TODD KEIRSTEAD To close off our 2-day Symposium in style, The Northern Miner

will be hosting a virtual “Swing Into Spring” golf clinic with Golf Pro and Entertainer, Todd Keirstead. He will provide grip, swing and putting tips, as well as show us a few golf tricks that have won him Golf Trick Shot of the Year on TSN. Get your game ready for the upcoming golf season while learning a golf trick shot or two to share with your friends and colleagues.

EVENT GUIDE | MAY 19-20 | 2021 GLOBAL MINING SYMPOSIUM

Presented by The Northern Miner

www.northernminer.com/gms2021

GMS Q2 Swings into Spring with the right industry leaders, at the right time

Q

2 Global Mining Symposium is upon us and as the world continues to wake up to the critical role metals will play in our greener economy, the momentum in our industry is palpable.

We could feel that enthusiasm in our Q1 edition as it set records with 2,500 delegates tuning in from over 100 countries. With our Q2 edition, we continue to bring you the industry’s key leaders, insights on the big themes of the day, and investment opportunities with Junior miners that are making an impact.

We will be getting caught up with David Garofalo, CEO of Gold Royalty Corp, who helped launch TNM Events with our inaugural Symposium in London back in 2017. David will give you one of kind insights into the gold sector and the gold royalty business, which he is now apart of. Also joining us will be Jake Klein, Executive Chairman of Evolution Mining. Jake will be joining us from his home base Australia, but Evolution is no stranger to International Mining investors with its recent moves into Canada’s famed Red Lake district.

In addition to David and Jake we are bringing you leading experts on Cloud transformation, ESG, battery metals as well as key insights on what is really going on in the nickel space.

And of course, as always, we are bringing you a suite of exciting Juniors 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.

Plus, as an added bonus, we will wrap up the final day of the Symposium with renowned gold pro Todd Keirstead. Todd is not only great at a golf, he’s a great entertainer as well, and he will help you get your swing ready for the season. It’s our way of saying thank you for all of the support over these challenging times.

You, our audience, have made The Northern Miner’s Global Mining Symposium’s such a resounding success, and we will continue to count on all of you for your excellent questions and comments for our team and for our guests.

We look forward to seeing and hearing from you all again on May 19th and 20th.

Anthony Vaccaro, CFA Group Publisher, The Northern Miner Group Managing Director, Glacier Resource Innovation Group, Glacier Media (GVC-T)

GLOBAL MINING SYMPOSIUM

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WWW.NORTHERNMINER.COM

KEYNOTE SPEAKERS David Garofalo Chairman & CEO, Gold Royalty Corp.

David Garofalo currently serves as Chairman & CEO of Gold Royalty Corp., Chairman & CEO of the Marshall Precious Metals Fund and Chair of the Board of Great Panther Mining Limited. David was also President & CEO and Director of Goldcorp (20162019), President & CEO and Director of Hudbay from 2010, Senior Vice President and CFO and Director of Agnico-Eagle from 1998 and Treasurer of Inmet Mining from 1990. He has also served on multiple public company boards over his career.

David was recognized as The Northern Miner’s Mining Person of the Year for 2012.

He was also awarded as Canada’s CFO of the Year by Financial Executives International Canada (2009) and Top Gun CFO by Brendan Wood International (2009 and 2010) and was recognized by IR Magazine with awards for Best Investor Relations by a CFO (2009 and 2010) and Best Investor Relations by a CEO (2011).

David earned designations as a Fellow of Canadian Chartered Public Accountants and a Certified Director of the Canadian Institute of Corporate Directors. He currently serves on the Boards of Directors of the Vancouver Symphony Orchestra (Vice Chair) and Greater Vancouver Board of Trade.

Jake Klein Executive Chairman, Evolution Mining Limited Jake Klein is a founder and Executive Chairman of Evolution Mining Limited (ASX:EVN). The gold miner was formed in November

2011 and has forged a reputation for reliability and consistency. Through a patient counter-cyclical M&A growth strategy, Evolution has steadily upgraded the quality of its asset portfolio and become Australia’s third largest ASX-listed gold miner with a market capitalisation of over $7 billion.

Evolution is now one of the lowest cost gold producers in the world with a focus on margins and capital discipline to provide sector leading returns for its shareholders. Evolution currently has five assets in Australia with four 100% owned operations spread across New South Wales, Western Australia and Queensland, plus an economic interest in the Ernest Henry copper-gold mine in Queensland. In early 2020 Evolution added to its portfolio with its first offshore acquisition – the Red Lake Gold Mine in Ontario, Canada. This has recently been followed up by the agreed takeover offer for Battle North Gold Corp.

Jake was previously the President and CEO of Sino Gold Mining Limited where he managed the development of that company into the largest foreign participant in the Chinese gold industry. Sino Gold was purchased by Eldorado Gold in late 2009 for $2.2 billion. Jake has previously held positions of nonexecutive director on the boards of Lynas Corporation and OceanaGold. He is also a former President of the NSW Branch of the Australia China Business Council.

Introducing the

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The ESG disclosure platform for the mining industry Provides a future-looking, right-sized set of frameworks, aligned to the key global standards and accepted by leading stakeholders It hugely simplifies ESG disclosure for mining corporates and rewards management with the action they take on the ground and in the boardroom

Example score output from an ESG submission

Allows in investors and stakeholders to view a breakdown of ESG scores and compare between mining companies and projects

Digbee is a data, research and ESG disclosure platform for the mining industry.

FIND OUT MORE AT: THEDIGBEE.COM

GLOBAL MINING SYMPOSIUM

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FEATURED SPEAKERS Anthony Downs Head of Digital Transformation, Vale Anthony Downs has joined Vale in September 2019 as Head of Digital Transformation. In this role. Anthony is well-known in the global mining industry for his broad technical and systems knowledge and track record of delivering innovative, robust and secure solutions to tough business problems. Over the past 12 months Anthony has worked for Hatch as a Principle Consultant in the US. Prior to this, Anthony worked for Rio Tinto for 15 years, where he held numerous Operational and Corporate roles in various business units across their US, Canadian and Australian businesses. Anthony has a Graduate Certificate in Information Technology and Strategic Management and has gained his AWS Solutions Architect Associate Certification.

Dean Gehring Executive Vice President, CTO, Newmont Corporation Dean Gehring was promoted to Executive Vice President and Chief Technology Officer in June 2019 after joining Newmont as Regional Senior Vice President, South America in June 2017. He brings over 25 years of global operational experience, having lived in Canada, Indonesia, Peru and the US. Prior to joining Newmont, he spent 14 years with global miner Rio Tinto, in a variety of executive roles including President and Chief Executive Officer of Rio Tinto Minerals, Global Head of Safety and Security and General Manager of Resource Development for the Oyu Tolgoi mine in Mongolia.

Dean previously worked as Manager of Technical Services at Freeport’s Grasberg mine and held various operational and technical roles with BHP Billiton prior to working for Freeport. He earned his Bachelor’s of Science degree in Mining Engineering from the University of Idaho, and his Master’s of Science in Project Management from the University of Aberdeen in Scotland. Dean holds a Nevada Professional Engineering registration and Project Management Professional certification. In addition to having published papers for mining and project management journals, he has served on university advisory boards and is currently the co-chair of the SME Foundation Corporate Giving Committee.

­

­

GLOBAL MINING SYMPOSIUM

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WWW.NORTHERNMINER.COM

FEATURED SPEAKERS Ken Hoffman

Senior Expert, McKinsey & Company Ken Hoffman is a Senior Expert for McKinsey’s Basic Materials Institute (BMI). He Co- leads the Firm’s EV Battery Material Research Group and has worked on over 50 EV value chain client projects. His team looks at the impact on raw materials due to the rapid development of advanced battery technologies. He has co-written articles on nickel in EV’s, and a cobalt and lithium paper. Prior to McKinsey, Ken was the global head of metals and mining research for Bloomberg Intelligence Prior to Bloomberg Mr Hoffman was a head of equity research, analyst, and portfolio manager in the commodity and industrial growth area.

A CFA charter holder, Mr. Hoffman holds a BS in finance from Syracuse University and an MBA from Duke University.

Anthony Milewski Chairman, Nickel 28 Capital Corp.

Mr. Anthony Milewski is the Chairman of Nickel 28 Capital Corp. He has spent his career in various aspects of the mining industry, including as a company director, advisor, founder and investor. In particular, he has been active in commodities related to decarbonization and energy transition, including nickel, cobalt, copper and carbon credits. Anthony has served on the London Metals Exchange Cobalt Committee, which includes representatives from the largest mining and commodities companies globally. Anthony Milewski previously worked at Renaissance Capital and Skadden, Arps, Slate, Meagher & Flom LLP in Moscow, where he focused on advisory and transactional work in metals & mining and oil & gas sectors. He has lived and worked in Africa and Russia, including a year as a Fulbright scholar, and has spent considerable time in Central Asia. Mr. Milewski holds a B.A. in Russian history from Brigham Young University, an M.A. in Russian and Central Asian Studies from the University of Washington, and a J.D. from the University of Washington.

NORAM Engineering and Constructors Ltd.

TSX.V: TGM OTCQX: TGLDF FRA: 0702

Red Lake Mining Camp NORSCAND®

Electrolysis Systems for Lithium Hydroxide Production

Trillium Gold is a TSX:V listed company with a major land position spanning Canada’s famed Red Lake District, one of the premier gold mining regions in the world. Our experienced management and technical team represent some of the industry’s foremost leaders with unparalleled success in value maximization and accretive acquisitions.

Trillium’s flagship project, the Newman Todd, is located in proximity to nearby past producing mines within the Red Lake Camp. With over 40% of 165 historic drill holes having intervals of greater than 20 g/t gold over various lengths, it holds considerable potential to expand in quantity and grade. A 40,000 metre drill program is currently underway.

200 Granville Street Vancouver, B.C., V6C 1S4 Canada +1 (604) 681-2030 | www.noram-eng.com

GLOBAL MINING SYMPOSIUM

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GOLD SPONSORS

THOUGHT LEADERSHIP SPONSORS

CORPORATE PROFILES Digbee is a SaaS based data, ESG disclosure and Research platform for the mining industry, incorporating the first expert network of mining professionals. Digbee ESG is an ESG disclosure platform for the mining industry. A future-looking, right-sized set of frameworks, aligned to the key global standards and accepted by leading stakeholders. It hugely simplifies ESG disclosure for mining corporates and rewards management with the action they take on the ground and in the boardroom. Digbee Research provides plain language, objective analysis on the key risk disciplines (geology, metallurgy, engineering) of mining development and authored by leading accredited mining professionals. Priced at a fraction of currently available due diligence and available on-demand rather than in months, Digbee Research is designed for those generalist and specialist investors determined to mitigate risk and increase investment conviction.

Canada Silver Cobalt Works is both a highly successful silver explorer and a green extractive technology leader.

CCW has discovered an extraordinarily high-grade silver deposit in Canada’s Silver-Cobalt Heartland in northern Ontario (intercepts up to 89,853 g/t silver or 2,621 oz/ton, among the highest grades in the world). The company is actively drilling to determine the full size of this rich deposit, is planning a ramp down to the discovery at the 500m level and is also working to put its nearby past-producing, underground, high-grade silver-cobalt Castle mine into production.

In addition, the company has a proprietary, environmentally friendly, Re-2Ox hydrometallurgical process for extracting battery metals such as cobalt and nickel and removing undesirable elements such as arsenic from mining ores, old tailings piles and recycled batteries without any discharge or smelting involved. Lab tests have shown the technically advanced Re-2Ox process can produce cobalt sulphate that meets battery industry specifications and the design and construction of a pilot plant at SGS Lakefield is underway.

SILVER

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.

INVESTOR PRESENTATIONS

Manitoba’s exploration and mining industries play a key role in our province’s economic prosperity. Exploration and investment are driving forces behind a sustainable minerals sector. Manitoba is home to a wealth of natural resources, world-class deposits, critical minerals and underexplored remote regions of high mineral potential, backed by and coupled with quality geoscience data. Leading the way, our Economic Growth Action Plan underscores our province’s firm commitment to invest, build, and grow, supported by Look North’s focus on mineral potential as the single most likely source of sustainable, long-term economic prosperity. Jumpstarting mineral exploration and development initiatives and backed by $20-million in provincial funding, the Mineral Development Fund, managed by the Manitoba Chambers of Commerce, is expanding exciting new opportunities Strengthening engagement the Manitoba - First Nations Mineral Development Protocol helps set important parameters for how Crown–Indigenous consultations occur during all phases of the mining cycle, from exploration to development, operation to closure. Advancing important goals, Manitoba’s industry-led Liaison Committee on Mining and Exploration works with the Economic Development Office and regional economic development partners to put forward recommendations for sustainable development, reconciliation, and solutions in key areas such as Indigenous relations, permitting, government capacity and incentives. Turning commitments into actions, in Manitoba, industry, associations, Indigenous and northern communities, idea-brokers, investors and explorers are moving ahead in ways that respect our land, natural resources and people, while sharing a common goal… to make Manitoba a worldwide leader in mineral exploration and investment attractiveness.

Renforth Resources (RFR - CSE) is an asset deep junior, fully funded, with an ongoing drill program growing our Parbec open pit gold deposit, located beside the Canadian Malartic Mine, Canada’s largest gold mine.

At Parbec Renforth is engaged in a program of infill, twinning and down dip extension drilling, with positive assays ounces will be added to the 104,000 indicated ounces grading 1.78 g/t and the 177,000 ounces grading 1.77 g/t Au present in Parbec’s shallow open pit deposit. To date assays have been received for only 176m of the >5500m drilled, this added 22m of 1.21 g/t Au mineralization, which is entirely new, to the open pit deposit model, Renforth looks forward to receipt of additional results from the ongoing program. The balance of Renforth’s portfolio represents additional gold and polymetallic mineralization on wholly owned properties in Quebec and Ontario. This active junior resource company will be updating shareholders on a constant basis regarding developments on our flagship asset and exploration properties.

Murchison Minerals Ltd. (TSX.V: MUR) is focused on its high-grade zinc-copper-silver Brabant-McKenzie project located in Saskatchewan - the number one ranked mining jurisdiction in Canada (Fraser Institute Annual Survey 2021). The Brabant McKenzie VMS deposit with 2.1 Mt @ 10% Zn eq. (Indicated) and 7.7 Mt @6.3% Zn eq. (Inferred) remains open for expansion. The Company’s flagship project is a 100% owned and is located 175 kilometres northeast of La Ronge within excellent surrounding infrastructure including provincial highway, grid power, water and service centres. The surrounding 626.9 km2 land package is highly prospective for additional VMS deposits, which tend to occur in clusters. Murchison also owns 100% of the HPM nickel-copper-cobalt project in Quebec. HPM has high-grade drill intercepts including 1.74% Ni, 0.9% Cu and 0.09% Co over 43.2 metres. The deposit remains open for expansion and is in close proximity to roads and rail.

Nickel Creek Platinum Corp. (TSX: NCP, OTCQB: NCPCF) is a Canadian mining exploration and development company focused on advancing its 100%-owned Nickel Shäw Project towards becoming Canada’s next world-class nickel sulphide mine. Located in the Yukon, our asset is host to over 1.8 billion pounds of nickel, 1.1 billion pounds of copper, 5.7 million ounces of platinum group metals and 107 million pounds of cobalt in the measured and indicated categories – positioning us well for the rapidly growing demand for these commodities for an urbanizing world. The Nickel Shäw Project has exceptional access to infrastructure, located three hours west of Whitehorse via the paved Alaska Highway, which offers year-round access to deep sea shipping ports in southern Alaska. Learn more at www.nickelcreekplatinum.com.

NORAM Engineering and Contractors is a privately owned company based in Vancouver BC. NORAM provides proprietary technology and equipment packages to the chemical and mineral processing industries. NORAM’s technologies includes equipment and designs for the production of sulphuric acid, sulphur dioxide, and lithium hydroxide, amongst others.

NORAM’s CellChemTM technology is ideally suited for on-site sulphur dioxide (SO2) production for remote mining applications requiring sulphur dioxide for leaching or cyanide destruction. These sulphur burners are compact and, depending on burner style, produce between one (1) and 100 t/d, high-strength SO2 up to 18%v/v with high turndown rates.

Because of the compact design, these burners are easily skid mounted and offers cost effective alternatives to liquid SO2 and SMBS used in mining applications. In addition, NORAM offers the NORSCAND® family of electrochemical cells that have been optimized for the production of battery-grade lithium hydroxide and can be incorporated into lithium production or battery recycling processes from either sulphate or chloride-based brines. The NORSCAND® technology has been implemented in spodumene flowsheets to produce lithium hydroxide and sulphuric acid for internal recycle. For more traditional lithium flowsheets NORAM can provide a sulphuric acid plant required in the leaching process.

Giga Metals Corporation is a TSX listed junior exploration company that aims to be a premier supplier of the battery metals that will be needed as the world progresses to a future powered by clean energy. We are currently focused on two of the key metals used in the batteries of electric vehicles: Nickel and Cobalt. Our Turnagain Project is among the largest undeveloped nickel-cobalt sulphide deposits in the world in terms of total contained nickel. The growth in electric vehicles and energy storage is accelerating and, as a result, we intend to fast-track the development of the Turnagain Project. Our goal is to supply battery manufacturers with the high-quality nickel and cobalt feedstock that they require. We are also actively seeking other battery metals projects. There will be a shortage of these types of metals over the next decade as the clean energy revolution takes place.

Dore Copper Mining Corp. is a copper-gold explorer and developer in the Chibougamau area of Québec, Canada. The Company is focussed on implementing its hub & spoke development strategy by advancing its key high-grade copper-gold brownfield projects towards a restart of operations with the objective of achieving an annual production of 60 M lbs of copper equivalent (or 100,000 oz gold equivalent). The Company has consolidated a large land package in the prolific Lac Dore/Chibougamau and Joe Mann mining camps that has produced 1.6 B lbs of copper and 4.4 M oz of gold. The land package includes 13 former producing mines, deposits and resource target areas within a 60-kilometre radius of the Company’s 2,700 tpd mill (Copper Rand Mill). Dore Copper has resumed its drilling program for 2021 which will lead to an updated mineral resource estimate in Q2 2021 for the Corner Bay (Cu-Au) deposit and the former producing Joe Mann mine (Au-Cu), and a PEA in Q4 2021.

Clean Air Metals’ flagship asset is the 100% owned, high grade Thunder Bay North Project, a platinum, palladium, copper, nickel project located near the City of Thunder Bay, Ontario and the Lac des Iles Mine owned by Impala Platinum. The Clean Air Metals project hosts the Current Lake deposit and magma conduit and the Company is actively exploring the Escape Lake deposit, a twin structure to the Current Lake deposit. Executive Chairman Jim Gallagher and CEO Abraham Drost lead an experienced team of geologists and engineers who are using the Norilsk magma conduit stratigraphic and mineral deposit model to guide ongoing exploration and development studies.

Monarch (TSX:GBAR; OTCMKTS:GBARF) is a fully integrated mining company that owns four advanced projects, namely the Beaufor, Croinor Gold, McKenzie Break and Swanson projects, all located near Monarch’s wholly owned and fully permitted Beacon 750 tpd mill. Monarch owns more than 287 km2 of mining assets in the prolific Abitibi mining camp, representing a combined portfolio of 588,482 ounces of M&I gold resources, and 329,393 ounces of inferred resources. Monarch Mining was created following the +$200M successful transaction between Yamana Gold and Monarch Gold announced on November 2, 2020.

Labrador Gold is a Canadian-based mineral exploration company focused on the Kingsway gold project in the Gander area of Newfoundland. The property is located along strike to the northeast of New Found Gold’s discovery of 92.86 g/t Au over 19.0 metres on their Queensway property. The company’s Big Vein target is highlighted by a 1,065g/t gold sample containing visible gold and has been outlined over a strike length of 400m within a larger 7.5km corridor of intermittent quartz veining. The company recently commenced a 10,000m drill program at Big Vein to test for high-grade epizonal gold mineralization throughout the target.

Trillium Gold Mines is a Canadian company with one of the largest strategic land positions in Canada’s Red Lake Mining District, among the world’s premier gold mining regions. Our experienced management represent some of the industry’s foremost leaders in value maximization and accretive acquisitions, while our technical team represents about 150 years of Red Lake expertise. Trillium’s flagship project, the Newman Todd, is located in proximity to the major producing mines in the Red Lake Camp. With almost half of some 165 historic drill holes (55,000 metres) having recorded intervals of greater than 20 g/t gold over various lengths, it holds considerable potential to expand in quantity and grade. A 40,000 metre drill program is currently underway fully funded by cash of approximately $6.5Mil.

Newcore Gold Ltd. (TSXV: NCAU) is advancing its 100%-owned Enchi Gold Project in southwest Ghana. The project’s 216km2 land package covers 40 kilometres of Ghana’s prolific Bibiani Shear Zone, a gold belt which hosts several large, multi-million-ounce gold deposits, including Kinross’ Chirano mine 50 kilometres to the north. A 66,000 metre drill program is underway focused on both testing extensions of the existing resource area while also testing a number of exploration targets. Newcore Gold is backed by one of the strongest management teams and boards in the sector, who are aligned with shareholders through their 32% equity ownership. Our vision is to build a responsive, creative and powerful gold enterprise that maximizes returns for shareholders. For more information please visit www.newcoregold.com.

QC Copper & Gold’s flagship Opemiska Copper Complex is located in the Chibougamau District of Quebec. QC Copper is currently engaged in a 20,000 metre drill program on Opemiska which is designed to define a near surface pit constrained NI43-101 compliant mineral resource estimate later in 2021. The Opemiska project is within the Abitibi Greenstone belt and within the boundaries of the Province of Quebec’s Plan Nord, which promotes and funds infrastructure and development of natural resource projects. The Opemiska property covers 12,782 hectares and covers the past producing Springer, Perry, Robitaille and Cooke mines, owned and operated by Falconbridge. The project has the ideal in-place infrastructure, including a power station and direct access to Highway 113 and the Canadian National Railway.

GLOBAL MINING SYMPOSIUM

6

WWW.NORTHERNMINER.COM

PRESENTERS

Luke Alexander President, CEO & Director, Newcore Gold Ltd.

Luke Alexander brings extensive resource sector experience, knowledge and contacts to Newcore, particularly in West Africa.

He has raised billions of dollars and structured deals for major mining companies while advising some of the world’s top institutional investment funds. Mr. Alexander began his investment banking career in the private client group at BMO Nesbitt Burns in Toronto, then started up an equity trading desk for Toronto Dominion in London before doing the same for National Bank. In 2008, he became senior partner at GMP Securities in London. Throughout his investment banking career, he helped fund many major resource projects in West Africa. In 2018, Mr. Alexander founded Park Road Capital, a Vancouver-based, natural resource focused consulting company where he continued to leverage his relationships in London.

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 for clients. This supported a re-invigoration of Renforth, today with five mineralized assets, including the Parbec open pit gold deposit on the Cadillac Break, adjacent to the Canadian Malartic Mine. Renforth’s Surimeau District Project is a 260 sq. Km land package south of the Cadillac Break which hosts 6 historic polymetallic mineral occurrences, specifically nickel and copper, along with a handful of gold showings. Renforth just completed significant drill programs, at Parbec >15,000m to support an upcoming resource restatement and at Surimeau, on the Victoria West Target area, drilling 2.2 kms of strike within the 5 kms long target, with each of the 15 holes drilled returning nickel, copper and zinc visual mineralization in the core. Assay results for both programs are being released as received.

Where Infrastructure MEETS GRADE

TSX-V: NCAU | OTCQX: NCAUF | newcoregold.com

IN THE BUSINESS OF GOLD Top-tier leadership with one of the most successful track records in the industry Advancing the 100%-owned Enchi Gold Project in Ghana, located along one of West Africa’s most prolific gold belts 66,000 metre drill program underway to unlock the district scale exploration potential and build on the existing gold resource

Mid-Continent Rift PGE-Nickel-Copper District with Operating Mines

ADVANCING THE ENCHI GOLD PROJECT IN SOUTHWEST GHANA ALIGNED MANAGEMENT | Insiders own 32%, invested alongside shareholders INSTITUTIONAL BACKING | ~35% institutional ownership to date GOLDEN GHANA | Proven jurisdiction, #1 for gold in Africa, known for large mines ENCHI GOLD PROJECT | On trend with some of Ghana’s most prominent mines

• 100%-Owned Thunder Bay North Project

CLEANAIRMETALS.CA

• Current Lake & Escape Lake Pt-Pd-Cu-Ni Deposits • Total Indicated Resource at 1.8 Million oz PdEq

EXPANSION POTENTIAL | 66,000 metre expansion & discovery drilling program

• 4E PGM’s (Pt+Pd+Rh+Au) Averaging 4g/t at Lower Current and Bridge Zone

CAPITAL STRUCTURE | 99 million shares outstanding, no warrants

• Utilizing Norilsk-style Magma Conduit Model for Exploration Based on Structure, Stratigraphy and Presence of Massive Sulphides • Social License to Explore Written Communication Protocol with 3 First Nation Communities • Accomplished Management Team • Well Financed

info@newcoregold.com

TSXV AIR

OTCQB CLRMF

FRA CKU

TM

GLOBAL MINING SYMPOSIUM

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PRESENTERS

Nick Cacos

President & Ceo, Blue Sky 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.

Jim Gallagher, P.Eng. Executive Chairman, Clean Air Metals Inc. Mr Gallagher is a Professional Mining Engineer with over 35 years of experience in mine operations, projects and executive management. He was most recently CEO of North American Palladium where he lead an operational turn-around which culminated in the sale of the company to Impala Platinum of South Africa late in 2019. Previously Mr Gallagher was Global Director of Mining for Hatch leading a large mine design and EPCM team on numerous projects around the world. He also spent over 20 years with Falconbridge in a number of engineering, project and operational management roles. Mr Gallagher has been a board member of Harte Gold, Continental Gold and the Ontario Mining association.

TSX.V:GIGA |OTCQB:HNCKF | FSE:BRR2 NORAM Engineering and Constructors Ltd 200 Granville Street Vancouver, B.C., V6C 1S4 Canada +1 (604) 681-2030 www.noram-eng.com

Giga Metals owns 100% of the Turnagain nickel resource in Northern-BC and is targeting to be the world’s first carbon-neutral nickel mine.

Find out about the upcoming summer drill program: info@gigametals.com

gigametals.com

NORAM Cellchem Sulphur Burners TM

Small foot print, high turn down rate, quick start up, skid mounted

GLOBAL MINING SYMPOSIUM

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WWW.NORTHERNMINER.COM

PRESENTERS Stuart Harshaw

President and CEO, Nickel Creek Platinum Stuart Harshaw is a seasoned mining executive with a successful international career with Vale SA and Inco Limited. Most recently, as Vice President of Ontario Operations for Vale, Mr. Harshaw was responsible for the base metal operations of Vale in Ontario, which includes six underground mines, mill, smelter, nickel refinery, cobalt refinery, precious metal refinery and hydro-electric production facilities. Previously, he held various senior roles with Vale including the marketing and sales of a broad range of metal concentrates and finished metals worldwide. Since leaving Vale, he has been consulting in the global mining business and is a member of the Board of Directors of several mining companies, as well as Laurentian University of Sudbury, Canada. Mr. Harshaw earned a BSc. in Metallurgical Engineering from Queen’s University and an MBA from Laurentian University.

Mark Jarvis

CEO, Giga Metals Mr. Jarvis has more than 30 years’ experience in exploration and development of mineral resources. After a career in financing exploration projects as a stockbroker, Mr. Jarvis moved to the corporate side of the business in 1996. He joined the Board of Ultra Petroleum, which at the time was a small oil and gas exploration and development company with a large, unconventional gas deposit. As Director responsible for Corporate Finance, he raised the equity capital necessary to prove the concept and to establish enough production to finance further growth with debt. Mr. Jarvis became CEO of Giga Metals Corporation’s predecessor company in January 2004. During his tenure, the company has drilled off a giant nickel/cobalt deposit, worked out a reliable metallurgical circuit, and published a Preliminary Economic Assessment.

TSX-V: LAB

FNR: 2N6

OTCQX: NKOSF

A GOLDEN OPPORTUNITY

Flagship Kingsway project located in the Gander Gold District along strike of Newfound Gold discovery Labrador Gold 20,000 metre diamond-drill program has commenced to test high-grade gold targets at the Big Vein prospect Strong cash position with ~$20M in the bank Led by world-class technical team of Shawn Ryan & Dr. Quinton Hennigh

LABRADOR GOLD CORP., The Canadian Venture Building 82 Richmond Street East, Toronto, ON Canada M5C 1P1

Email: info@labradorgold.com | 416-704-8291 | www.labradorgold.com

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PRESENTERS Jean-Marc Lacoste

CEO, Monarch Minerals

Jean-Marc Lacoste earned his bachelor’s degree in Economics from McGill University in Montreal. In 1993 Mr. Lacoste started a career in finance at the Montreal Stock Exchange where he worked for National Bank Financial and, subsequently, Merrill Lynch Canada. In 2000 he left Montreal for Toronto to join Northland Power, a wind power energy corporation, as Vice President of Acquisitions.

He returned to Montreal in 2002 where he joined the boards of a few public and private companies. From 2004 to 2010, he took a major role in Golden Goose Resources Inc. where he became President and CEO and COB. As CEO of Monarch Gold he successfully turned a 2M market cap company into a 200M transaction with Yamana in less than 8yrs. Mr. Lacoste has great leadership skills and will be a tremendous asset for Monarch Mining Corporation.

Ernest Mast

President & CEO, Doré Copper Mining Corp.

Ernest Mast is the President and CEO of Doré Copper Mining Corp. He joined the company as a founder in June 2017. He has 30 years of experience in various technical and executive roles in the mining industry, across a wide range of commodities, geographies and development stages.

Mr. Mast is a Board member of Scottie Resources Corp. (a public company with a past producing gold mine in the Golden Triangle of British Colombia) and Libero Copper & Gold (a public company with copper porphyry deposits in the Americas).

He has served as the President and CEO at Primero Mining Corp, Vice President Corporate Development at Copper Mountain Mining Corporation, Vice President Operations at New Gold Inc, and President and CEO at Minera Panama S.A., a subsidiary of Inmet Mining, developing the $6B Cobre Panama project. He started his career at Noranda and subsequent companies (Falconbridge and Xstrata). He was the President and GM of Falconbridge Dominicana, an integrated 28,000 tpy nickel producer in the Dominican Republic.

Mr. Mast is a member of l’Ordre des ingénieurs du Québec and has a Bachelors’ and Masters’ degree in metallurgical engineering from McGill University. Mr. Mast also received post-secondary business training at Henley College in the UK and at the Universidad Catolica in Chile.

CONTINUED ON PAGE 10

TSX-V: MUR MONARCH MINING CORPORATION TSX:GBAR; OTCMKTS:GBARF

A FULLY INTEGRATED MINING COMPANY DEVELOPING KEY PROJECTS IN QUEBEC/CANADA — A TOP RATED MINING JURISDICTION Investment Highlights • A well-funded newly created company with a focus on gold exploration and developing assets in the Abitibi mining camp • $20M of hard cash with projects having combined resources of +915K oz/Au • 100% ownership on all projects, no debt on the balance sheet • Management with proven track record for acquisition of distressed/forgotten assets and ability to monetize • Cash flow opportunity – A potential restart of the Beaufor Mine within 8-14 months • Attractive valuation in a bullish gold price environment • Large mining and institutional shareholders, including Alamos Gold and Yamana Gold 1.888.994.4465 | monarchmining.com | info@monarchmining.com

Championing a Green Energy Revolution through High-Grade Co-Ni-Cu-Zn-Ag Projects in the World’s Best Mining Jurisdictions Brabant-McKenzie Project, Saskatchewan • 100% owned high-grade VMS deposit hosting an NI 43-101 compliant Resource of 2.1 Mt @ 10% ZnEq (Indicated) and 7.6 Mt @ 6.3% ZnEq (Inferred) with huge exploration upsides.

• District-scale land package covering an area of 626.9 km2.

• An imminent Zn-Cu mine surrounded by great local infrastructure.

HMP Ni-Cu-Co Project, Quebec • The best assay shows high-grade drill intercepts including 1.74% Ni, 0.9% Cu and 0.09% Co over 43.2 m.

• The 58 km2 Project has at least 10 gossan exploration targets that show similarities to the renowned Voisey’s Bay nickel mine and has excellent potential for discoveries.

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Thomas Do, Investor Relations Manager

Co

28

Ni

58.933194

58.6934

Cobal t

Nickel

29

Cu

30

47

Ag

63.546

Zn 65.38

107.8682

Copper

Zinc

Silver

T: +1 416-868-1079 x 232 E: thomas@chfir.com

www.murchisonminerals.com

GLOBAL MINING SYMPOSIUM

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WWW.NORTHERNMINER.COM

PRESENTERS Roger Moss

President and Director, Labrador Gold A geologist with fourteen years international experience in the exploration industry. Dr. Moss was instrumental in the discovery of the Navachab gold deposit in Namibia which, after 12 years of operation, still contains reserves and resources of 3.7 million oz gold. He has conducted extensive research on hydrothermal ore deposits, culminating with a Ph.D. in geology at the University of Toronto in 2000. Prior to joining Nikos, Dr. Moss was Vice President, Exploration for Amerigo Resources Ltd.

Jean-Charles (JC) Potvin

President & CEO, Chairman, Murchison Minerals Jean-Charles (JC) Potvin, a co-founder of the Company, was President and CEO of Murchison from inception to November 2015 and resumed that role in December 2018 and has been a director since 2007. JC was President and CEO of Pangea Goldfields Inc., which had extensive holdings in Tanzania, until its acquisition in July 2000 by Barrick Gold Corporation for $204 million. Until 1994, he was a Director and Vice-President of Burns Fry (subsequently BMO Nesbitt Burns and currently BMO Capital Markets) and responsible for evaluating world-wide mining investment opportunities as a top-ranked Equity Research Gold Analyst. JC served as the Chairman of Vaaldiam Mining Inc. from 1992 to 2012 (formerly Tiomin Resources).

He is currently the President and CEO of Golden Sun Resources which owns the Bellavista gold mine in Central America and is a director and Audit Committee member of Azimut Exploration Inc. and Gold Reserve Inc. both public exploration and development companies.

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

TSX-V: DCMC / OTCQX: DRCMF

Hub-and-Spoke Near-term Re-development Opportunity in Mine-Friendly Quebec Dore Copper is focussed on implementing its hub & spoke development strategy by advancing its key high-grade copper-gold brownfield projects towards a restart of operations.

Dore Copper Main player in Chibougannau Camp

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.

Brownfield Assets in Top Mining Jurisdiction • Favorable business climate

PEA year-end 2021

High-Grade Copper and Gold Projects • Growth and exploration potential Established Mining Infrastructure • 2,700 tpd Copper Rand Mill Experienced Team • Operational experience

416.219.2049 | info@dorecopper.com | www.dorecopper.com

GLOBAL MINING SYMPOSIUM

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PRESENTERS Russell Starr CEO, President and Director, Trillium Gold

Russell Starr is an entrepreneur and financial professional with 25 years of corporate finance, M&A, investment and business development experience. Mr. Starr held senior positions and advisory roles with such financial institutions as RBC Capital Markets, Scotia Capital and Orion Securities during which he helped raise over a billion dollars for junior and mid-tier companies. He is a co-founder and part owner of Echelon Wealth Partners, a large Canadian investment dealer. He has held senior executive positions at Auryn Resources and at Cayden Resources where he was a member of the board and integral in the marketing, financing, development and ultimate sale of Cayden to Agnico Eagle for over $200 million.

Stephen Stewart CEO, QC Copper & Gold

Stephen is the CEO of QC Copper & Gold and Orefinders Resources, both TSX Venture listed companies, while also being a Chairman of Mistango River Resources and Baselode Energy. He is also the founder of the Ore Group of Companies a private organization focused on natural resource discovery and development. Stephen is the Chairman of the Young Mining Professionals Global Group and Founder of its Scholarship Fund, the largest mining-focused charitable organization that supports mining engineering and geology education in Canada. Stephen holds a Bachelor of Arts from the University of Western Ontario, a Master of Business Administration from the University of Toronto’s Rotman School of Management and a Master of Science from the University of Florida.

ai161248296378_01585RENFORTH_AD-FEB2021.pdf

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6:56 PM

District Scale Nickel/VMS Discovery Opportunity ABITIBI GREENSTONE BELT

CM

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CY

CMY

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FULLY FUNDED ASSET RICH

RFR CSE renforthresources.com

GLOBAL MINING SYMPOSIUM

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WWW.NORTHERNMINER.COM

AGENDA | DAY 1 - MAY 19, 2021 all times shown are Eastern Time (EDT)

START TIME

PRESENTATION

9:45am

Log in with secure link by registering at https://events.northernminer.com/q2-gms-2021/agenda/

10:00am

Welcome Address & State of the Industry Anthony Vaccaro, Managing Director, Glacier Resource Innovation Group

10:10am

Investor Presentation — Dore Copper Ernest Mast, President and CEO

10:25am

Investor Presentation – Labrador Gold Roger Moss, CEO

10:40am

Cloud Transformation — Featured Panel “The Cloud and Technological Innovation in Mining” Dean Gehring, Executive Vice President & Chief Technology Officer, Newmont and Anthony Downs, Head of Digital Transformation, Vale Moderator: Carl Williams, Senior Reporter, TNM

11:25am

Gold Sponsor Presentation – Canada Silver Cobalt Works

11:40am

Investor Presentation — Murchison Minerals Jean-Charles Potvin, President and CEO, Chairman

11:55am

Investor Presentation — Nickel Creek Platinum Stuart Harshaw, President & CEO

12:05pm

Trivia & Break

12:10pm

Investor Presentation — Newcore Luke Alexander, President, CEO & Director

12:25pm

Gold Sponsor Presentation – Noram

12:40pm

Government of Manitoba — Thought Leadership Panel “mOre to explOre” Scott Parsons, VP Exploration, Alamos Gold Moderator: Shastri Ramnath, President and CEO Exiro Metals Corp.

1:25pm

Investor Presentation — Blue Sky Nico Caco, President & CEO

1:40pm

Investor Presentation — Monarch Mining Jean-Marc Lacoste, CEO

1:55pm

Investor Presentation — Giga Metals Mark Jarvis, CEO

2:15pm

Featured Speaker — Anthony Milewski, Chairman of Nickel 28 Capital Corp Moderator: Alisha Hiyate, Editor In Chief, CMJ

3:00pm

Closing remarks

2021 Q3 Edition — September 22-23rd https://events.northernminer.com/

GLOBAL MINING SYMPOSIUM

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AGENDA | DAY 2 - MAY 20, 2021 all times shown are Eastern Time (EDT)

START TIME

PRESENTATION

9:45am

Log in with secure link by registering at https://events.northernminer.com/q2-gms-2021/agenda/

10:00am

Welcome Address & Re-Cap of Day 1 Anthony Vaccaro, Managing Director, Glacier Resource Innovation Group

10:10am

Keynote Speaker — Jake Klein, Founder and Executive Chairman of Evolution Mining Limited

10:55am

Featured Speaker- Ken Hoffman, Senior Expert for McKinsey’s Basic Materials Institute Moderator: Frik Els, Executive Editor, Mining.com Nickel: the battleground for EV battery supremacy

11:40am

GOLD Sponsor Presentation — Canada Silver Cobalt Works

11:55am

Costmine Presentation — 10 minutes Cost estimating and economic analysis in mining and geologic areas Jennifer Leinhart, President Infomine, Costmine

12:10pm

Trivia/Break

12:25pm

Investor Presentation — Clean Air Metals Jim Gallagher, P.Eng., Executive Chairman

12:40pm

Gold Presentation Noram

12:55pm

Thought Leadership Panel — Digbee Ltd. Jamie Strauss, President & CEO “Bringing together investors and corporates to provide a credible means to track ESG in the mining sector.”

1:40pm

Investor Presentation — Renforth Resources Nicole Brewster, President & CEO

1:55pm

Investor Presentation — Ore Group QC Copper & Gold, OreFinders Resources Stephen Stewart, President & CEO

2:10pm

Investor Presentation — Trillium Gold Russell Starr, President, CEO and Director

2:25pm

Keynote Speaker, David Garofalo, Chairman & CEO of Gold Royalty Corp., Chairman & CEO of the Marshall Precious Metals Fund and Chair of the Board of Great Panther Mining Limited.

Moderator: Henry Lazenby, Reporter, Glacier Group

3:00pm

Swing into Spring — Virtual Golf Clinic with Golf Pro & Entertainer, Todd Keirstead.

Get some personal golf tips, to prepare you for your game!

OCTOBER 13-14, 2021 events.northernminer.com /suppliers-symposium/

GLOBAL MINING SYMPOSIUM

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WWW.NORTHERNMINER.COM

THOUGHT LEADERSHIP PANEL WEDNESDAY, MAY 19, 2021

Government of Manitoba — mOre to explOre

Moderator

Panelist

Shastri Ramnath

Scott Parsons

President and CEO, Exiro Metals Corp.

Ms. Ramnath is a Professional Geoscientist and awardwinning Entrepreneur with over 20 years of global industry experience. Ms. Shastri Ramnath is the President and CEO of Exiro Minerals Corp, a private mineral exploration company that she co-founded and is a significant shareholder. In 2012 she co-founded and currently co-owns Orix Geoscience Inc., a geological consulting firm. She has worked in various technical and leadership roles including, FNX Mining where she was a key member of the exploration and resource team that discovered the Victoria and Morrison Deposits and subsequently with Bridgeport Ventures, a publicly listed company, where she was the President and CEO. Her private directorship roles include companies she’s co-founded: Willeson Metals Corp (Chair), Exiro Minerals Corp (director), Qualitica Consulting (director/co-owner) and Orix Geoscience (Chair/Co-owner). Her current publicly traded directorships include Jaguar Mining (JAG:TSX), 1911 Gold Corp (TSX-v:AUMB) and Meteoric Resources (ASX: MEI). Ms. Ramnath is also the Chair of the Minister’s Liaison Committee (MLCME) in Manitoba, an advisor to the Goodman School of Mines at Laurentian University and founding director of Central Canadian Mineral Exploration Convention (CCMEC) in Manitoba.

Ms. Ramnath received a B.Sc. (Hons) in Geology from the University of Manitoba, a M.Sc. in Exploration Geology from Rhodes University (South Africa), and an Executive MBA from Athabasca University.

WEDNESDAY, MAY 19, 2021

VP Exploration, Alamos Gold Scott Parsons is Vice President, Exploration at Alamos Gold Inc. Scott has more than 15 years of experience in progressively senior exploration roles.

Prior to joining Alamos, he was Manager of Regional Exploration and Geoscience at TMAC Resources where he was responsible for resource expansion and regional exploration of the Hope Bay Project in Nunavut. Previously, Mr. Parsons served as Vice President, Corporate Development at Northern Superior Resources Inc., and as Exploration Geologist and later Project Geologist, Resource Development & Long-Range Planning at BHP Billiton.

He holds a Bachelor of Science in Geology and a Master of Science in Geology from the University of Western Ontario, and a Master of Business Administration from Athabasca University. Mr. Parsons is a registered Professional Geoscientist in Ontario and Manitoba, and is a Fellow of the Australasian Institute of Mining and Metallurgy.

The Cloud and Technological Innovation in Mining

Panelist

Panelist

Dean Gehring Executive Vice President and Chief Technology Officer Newmont and Anthony Downs, Head of Digital Transformation, Vale Dean Gehring was promoted to Executive Vice President and Chief Technology Officer in June 2019 after joining Newmont as Regional Senior Vice President, South America in June 2017. He brings over 25 years of global operational experience, having lived in Canada, Indonesia, Peru and the US. Prior to joining Newmont, he spent 14 years with global miner Rio Tinto, in a variety of executive roles including President and Chief Executive Officer of Rio Tinto Minerals, Global Head of Safety and Security and General Manager of Resource Development for the Oyu Tolgoi mine in Mongolia.

Dean previously worked as Manager of Technical Services at Freeport’s Grasberg mine and held various operational and technical roles with BHP Billiton prior to working for Freeport. He earned his Bachelor’s of Science degree in Mining Engineering from the University of Idaho, and his Master’s of Science in Project Management from the University of Aberdeen in Scotland.

Dean holds a Nevada Professional Engineering registration and Project Management Professional certification. In addition to having published papers for mining and project management journals, he has served on university advisory boards and is currently the co-chair of the SME Foundation Corporate Giving Committee.

Anthony Downs Head of Digital Transformation, Vale Anthony Downs has joined Vale in September 2019 as Head of Digital Transformation.

In this role. Anthony is wellknown in the global mining industry for his broad technical and systems knowledge and track record of delivering innovative, robust and secure solutions to tough business problems. Over the past 12 months Anthony has worked for Hatch as a Principle Consultant in the US. Prior to this, Anthony worked for Rio Tinto for 15 years, where he held numerous Operational and Corporate roles in various business units across their US, Canadian and Australian businesses. Anthony has a Graduate Certificate in Information Technology and Strategic Management and has gained his AWS Solutions Architect Associate Certification.

GLOBAL MINING SYMPOSIUM

THOUGHT LEADERSHIP PANEL Bringing together investors and corporates to provide a credible means to track ESG in the mining sector.

THURSDAY, MAY 20, 2021

Jamie Strauss President and CEO, Digbee Jamie Strauss has over 25 years building and leading three mining finance teams at boutique and global banks and is also a seasoned independent director of listed mining companies. This extensive experience has inspired me to discover software solutions, through the launch of Digbee, to improve the outcome and perception of mining projects through access to right-sized ESG disclosure and cost-effective, plain language and objective technical analysis.

SWING INTO SPRING WITH GOLF PRO

TODD KEIRSTEAD TODD KEIRSTEAD has been voted TRICK SHOT OF THE YEAR on the Golf Channel TODD KEIRSTEAD IS ONE OF THE WORLDS BEST GOLF ENTERTAINERS IN THE GAME. Todd Keirstead has been voted Trick Shot of the Year on the Golf Channel and has been on CTV Sports Plays of the Year. With the amazing shots that Todd is able to execute he as been also featured on ESPN, Sports Illustrated, ESPN, TSN and TMZ. Throughout the years he has performing all over the world including Japan, South Korea, Italy, Spain, Germany, Mexico, the Caribbean, the United States, Canada and even deep within the Arctic Circle while helping raise millions of dollars for charity.

Todd Keirstead is also one of the world leaders in inclusion and diversity through the sport of golf. Through his disabled golf program, he has empowered thousands of individuals of all abilities and ignited the passion to transcend personal boundaries both on and off the fairway. One of Todd’s highlights was discussing and showcasing that

the game of golf can be a valuable tool in building confidence and selfesteem for our worlds Wounded Warriors to Prince Harry at the 2017 Invictus Games in Toronto.

We are proud to feature this motivational speaker, world class golf professional and celebrity golf entertainer to the 2021 Q2 Global Mining Symposium, on May 20th at 3pm EST for a virtual golf session, to Swing Into Spring!. Learn golf grip tips, perfect your swing, learn how to putt for dough and ask live questions to Todd, to get your game ready for spring.

Get your game ready for the upcoming golf season and learn a golf trick shot to share with your friends and colleagues. Todd Keirstead, has been voted Trick Shot of the Year on the Golf Channel and has travelled all around the world educating people on the game of golf. He also enables the disabled and veterans to return to the game of golf in adaptive golf format.

GET GRIP, SWING, PUTTING AND GAME TIPS IN THIS INTERACTIVE VIRTUAL SESSION DURING THE NORTHERN MINER GLOBAL MINING SYMPOSIUM

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GLOBAL MINING SYMPOSIUM

WWW.NORTHERNMINER.COM

northernminer.com/gms2021

THANK YOU TO OUR VALUED SPONSORS

THOUGHT LEADERSHIP

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