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Almaden nears feasibility at Ixtaca in Mexico

Group Eleven advances on three fronts in Ireland ZINC  

| Vancouver-based junior explores Ballinalack, Stonepark and Silvermines

GOLD  

| Says production decision could be a year away BY RICHARD QUARISA

I

rquarisa@northernminer.com

n 2010, Almaden Minerals (TSX: AMM; NYSE-AM: AAU) drilled the discovery hole at its Ixtaca gold-silver project in Puebla State, Mexico. It was found on claims company president and CEO Morgan Poliquin staked with his father, company chairman Duane Poliquin, in 2001. Today, Morgan Poliquin says the project is a year away from a production decision, which can be traced back more than two decades. Poliquin has worked as a geologist in Mexico since the early 1990s. In 1995, he theorized that Vera Cruz, Puebla’s neighbour to the east, had potential for goldsilver mineralization. He and his father, both geological engineers, drove around taking samples. One came from the discovery outcrop that became Candelaria Mining’s (TSXV: CAND; US-OTC: CDELF) Caballo Blanco gold project. “That spurred us to do a regional program,” Poliquin says. “So I compiled all the geological data for Texas through to Guatemala, and I spent a lot of time for more than a decade landing on every outcrop.” The two developed a projectgenerator model. Before 2008’s financial crash, their company had 15 joint ventures. It lost most of them after the crash, but stayed in good financial shape. It decided to drill some of its projects itself. Almaden’s Ixtaca project features a low-sulphidation, epithermal vein system hosted in limestone. The mineralization is not oxidized, and contains the silver-gold alloy electrum. “It’s not a vein,” Poliquin says. “It’s hundreds of veins that define the vein zone.” The vein zone is hosted in limestone, with no lead or zinc. The See ALMADEN / 14

Driller at work on Group Eleven Resources’ Stonepark zinc property near Limerick in the Republic of Ireland.   PHOTO BY RICHARD QUARISA BY RICHARD QUARISA rquarisa@northernminer.com DUBLIN, IRELAND

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reland hosts two prospective horizons for zinc-lead mineralization: the Waulsortian limestone zone, and the deeper Pale Beds, also known as the Navan Beds. Group Eleven Resources (TSXV: ZNG) hosted a recent trip to three of its zinc-lead projects in the Republic of Ireland to make sure visitors understood this fact. The Navan Beds are named after the prolific Navan deposit, which feeds New Boliden’s (STO: BOL) Tara mine. In most places there is only one zone, but the two overlap substantially at Group Eleven’s Ballinalack project. “If you go too far north or south, you lose one or the other,” Group Eleven CEO Bart Jaworski says from the field office in nearby Mullingar. At Ballinalack, Group Eleven is compiling all the exploration data other companies generated during the 1970s, 80s and 90s. Syngenore found the deposit in

“THE DRILLING WE’RE DOING RIGHT NOW IS TO DETERMINE THE RELATIONSHIPS BETWEEN THE FAULTS AND THE KNOWN AREAS OF MINERALIZATION.”

PM40069240

JOHN BARRY VICE-PRESIDENT OF EXPLORATION STRATEGY, GROUP ELEVEN RESOURCES

1970. Oliver Resources tabled a feasibility study for it in 1991. Teck Resources (TSX: TECK; NYSE: TECK) acquired it in 2005, and Zhongjin Lingnan Mining paid Teck US$6 million for a 40% interest in 2009. As a result, Group Eleven has access to more than 93,000 metres of drilling. Nearly 64,000 metres of that is historic, with Teck drilling 29,400 metres in more modern times. Group Eleven estimates more than $30 million has already been spent on the project by its previous owners. It was arduous to pull together all the data, as the work history is complex. Historically, companies have focused on mineralization in the Waulsortian limestone. However,

Group Eleven says the Navan Beds may host a second, deeper deposit right underneath. Group Eleven chief operating officer David Furlong first came up with the idea. The company would go on to find a 1980s report by a BHP Billiton (LON: BLT) geologist suggesting the possibility of stacked deposits. No one has drilled deep enough in the right spots to find out. “We now know previous attempts were drilling too far away from the Ballinalack fault,” Jaworski says. The company has found four targets in the Navan beds it plans to explore. It has drilled holes into two of those targets, confirming they are prospective. See GROUP ELEVEN / 2

EMX ROYALTY: BANKS US$65M ON SALE OF RUSSIAN COPPER PLAY / 6

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An inactive drill at Group Eleven Resources’ 60%-owned Ballinalack zinc-lead project in the Republic of Ireland.   PHOTO BY RICHARD QUARISA

Mine workings from the 19th century at Group Eleven Resources’ Silvermines zinclead project in County Tipperary, Republic of Ireland.   PHOTO BY RICHARD QUARISA

Group Eleven advances on three fronts in Ireland “WE ARE ALREADY WORKING WITH A ZINC CONCENTRATE CONSUMER.”

GROUP ELEVEN From 1

John Barry, Group Eleven’s vicepresident of exploration strategy, says the company is “questioning everything” about the geology at Ballinalack. “The cross faults look like they might have a lot more to do with mineralization than previously thought,” Jaworski adds. “The cross faults were hitherto ignored — what if there’s a thickening and higher grade against them? Nobody has yet drilled in the proper orientation to test this theory.” Group Eleven picked up the project from Teck in July 2017 for $2.5 million in cash and $1 million in shares. Group Eleven’s Chinese partner Nonfemet contributes and maintains a 40% interest. Nonfemet is one of China’s largest zinc producers. “We are in a fortunate position,” Jaworski says. “We are already working with a zinc concentrate consumer.” Ballinalack lies 14.5 km from the town of Mullingar and 50 km west of the town of Navan and New Boliden’s mine. New Boliden acquired Tara in 2004. In 2017, it produced 2.3 million tonnes grading 5.9% zinc and 1.1% lead for 239,000 tonnes zinc and 31,000 tonnes lead. As of the end of 2017, it contained 16.6 million probable tonnes grading 5.7% zinc and 1.4% lead. Ballinalack has a historic resource of 7.7 million tonnes grading 6.3% zinc and 1% lead. The arguably more compelling project in Group Eleven’s portfolio is Stonepark. It’s located near Ireland’s third-largest city, Limerick, and next to Glencore’s (LON: GLEN)

BART JAWORSKI CEO, GROUP ELEVEN RESOURCES

In the town of Silvermines in the Republic of Ireland, from left: Group Eleven vice-president of exploration strategy John Barry, 321 Gold writer Bob Moriarty, Group Eleven CEO Bart Jaworski and Group Eleven chief operating officer David Furlong.   PHOTO BY RICHARD QUARISA

Pallas Green deposit, which has 44.2 million inferred tonnes at 8.4% combined zinc and lead. In 2007, Teck entered an option agreement to buy 75% of the project from Connemara Mining (LON: CON). It found Stonepark in 2007 and Stonepark North in 2009. Group Eleven then acquired the project from Teck.

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Now Group Eleven owns 76.6% of the project and Connemara owns 23.4%. It acquired the project in September 2017 for $2.15 million. Group Eleven estimates $8.9 million has been invested in the project by Teck and Connemara since early 2007. It has a database featuring more than 57,000 metres of historic drilling, including nearly 55,000 metres by Teck. The project is in the Limerick basin, where Group Eleven has amassed a 1,240 sq. km land position. Despite past activity, no one has yet found a main mineralizing fault. The project contains 5.1 million inferred tonnes grading 8.7% zinc and 2.6% lead for 982 million lb. zinc and 297 million lb. lead. Group Eleven is in the midst of a 2,000-metre drill program at Stonepark. “The drilling we’re doing right now is to determine the relationships between the faults and the known areas of mineralization,” Barry says. The company theorizes that the known mineralization at Stonepark and Pallas Green may represent only

the outer edges of a larger mineralized system. It will use data from the current drill campaign to plan a larger campaign it intends to begin in 2019. The company’s third main zinclead project, Silvermines, is 8 km south of the town of Nenagh, in a region with four formerly producing zinc mines, including the historic Silvermines zinc mines that produced 10.8 million tonnes grading 7.4% zinc and 2.7% lead, between 1968 and 1982. Holes drilled by Ennex International at the mine’s Cooleen prospect in the early 1990s graded as high as 14.5% zinc and 1.7% lead over 7.32 metres from 391 metres downhole, including 42.9% zinc and 3.7% lead over 1.8 metres from 394 metres downhole. However, reclamation liabilities — which were transferred to Ennex when it bought the previous operator’s subsidiary — ended up stalling the project, and Ennex eventually dropped it. The government then continued its own reclamation efforts, taking

the project off the market for years. Group Eleven scooped it up when it became available as a brand-new licence (free of any historic liabilities) — surprised that nobody else had spotted it sooner. The Cooleen prospect had not been explored for 20 years. The zone measures 300 metres long by 100 metres wide and hosts four nearby targets. In late 2016, Group Eleven drilled one hole in the area to verify that it’s prospective for zinc-lead mineralization. Group Eleven started life as a corporate entity 3.5 years ago, but only went public last year. MAG Silver (TSX: MAG; NYSE: MAG) came in two years ago to take a substantial position: 15.8% basic and 21.4% fully diluted. Teck owns a basic 5.6% interest, or 4.3%, on a fully diluted basis. Group Eleven says there is strong support for mining from the Irish government, which is running an airborne survey over the entire country. Companies could fund part of the survey and have their land prioritized. Group Eleven did just that. It expects to receive results from the survey in early 2019. It will use that data to plan future drilling. In 2017, the Fraser Institute ranked the Republic of Ireland No. 1 on its Policy Perception Index and No. 4 for Investment Attractiveness. Group Eleven began its site visit by explaining the rule of thumb for zinc deposits in Ireland: to breakeven economically, deposits need to contain at least 10 million tonnes grading 10% zinc and lead combined. That’s not to say the work stops there, but it does represent a threshold the company needs to hit. With a 3,200 sq. km land position — the largest in Ireland — and three core projects, the company has plenty of opportunity to meet that goal. Shares of Group Eleven are trading at 14¢ with a 52-week range of 12¢ to 40¢. The company has an $8-million market capitalization. TNM

2018-11-06 7:49 PM


GLOBAL MINING NEWS

THE NORTHERN MINER / NOVEMBER 12–25, 2018

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Guyana Goldfields cuts production guidance at Aurora GOLD  

| Consultants RPA to investigate geological controls, grade variability

BY TRISH SAYWELL

S

tsaywell@northernminer.com

hares of Guyana Goldfields (TSX: GUY; US-OTC: GUYFF) plunged 46% to $1.62, on news that the company has cut its 2018 production guidance and launched a review of the underlying resource model at its Aurora gold mine in Guyana. The company has hired engineering firm RPA Inc. to investigate the geologic controls and grade variability of the mine’s Rory’s Knoll deposit. Results of the review will be released next quarter, and incorporated into Guyana Goldfield’s 2019 guidance and its annual reserve and resource update. The company also may revise the life-of-mine production profile. The 2018 guidance revision was announced on Oct. 30, along with the company’s third-quarter results, and news that Patrick Sheridan had resigned as a director. Sheridan had served as executive chairman from June 2013 to July 2018, when the company eliminated the executive chair position and streamlined the company’s organizational structure under president and CEO Scott Caldwell. Because grades have not rebounded as quickly as the company had expected in the fourth quarter, Guyana Goldfields forecasts production this year of 150,000 to 155,000 oz. gold, down from the previous estimate of 175,000 to 185,000 oz. gold. Management has also revised its cost estimates. Cash costs before royalties are now expected to come in at US$660 to US$685 per oz., and all-in sustaining costs (AISCs) are forecast to run to US$1,025 to US$1,050 per oz. gold. Cost of sales has been revised to US$1,030 to US$1,055 per oz. gold. Despite improved mining rates, production and costs in the three months ended Sept. 30, the average head grade of 2.12 grams gold per tonne was lower than anticipated. Since commercial production began in January 2016, mineralized material from the Rory’s Knoll diorite had reconciled well with reserves, the company stated in a news release. “Previous guidance assumed that the average head grade would rebound to +3 grams gold per tonne

A view from 2016 of the plant at Guyana Goldfields’ Aurora gold mine in Guyana.   GUYANA GOLDFIELDS

“THIS AN ISOLATED ISSUE ‌ AS WE MINE THROUGH THIS AREA, WE’LL GET BACK ON TRACK.â€? SCOTT CALDWELL PRESIDENT AND CEO, GUYANA GOLDFIELDS

throughout the current quarter,� the company said. “However, based on results to date, that no longer appears likely.� “This is disappointing news,� Caldwell told analysts and investors on a conference call. “We’re counting on Rory’s Knoll performing as it has historically, and unfortunately, it’s not performing in this particular area of the pit. “We’ll work our way through this. I’m looking forward to the review by RPA. They are world-

class professionals and I’m looking forward to their analysis, but I think the reconciliation is not as dire as it is, in this particular instance, on a global basis.� The open-pit mine in northwestern Guyana, 170 km west of the capital of Georgetown, poured its first gold in August 2015. A feasibility study by SRK Consulting in early 2017 described four mineralization areas at the Aurora gold mine project: Rory’s Knoll (which includes Walcott Hill East),

Aleck Hill (which includes Alex Hill North), Walcott Hill and Mad Kiss (includes Mad Kiss West). At the time, SRK estimated that 60% of the ore at the project would be sourced from Rory’s Knoll. Ron Stewart, who joined Guyana Goldfields in September as its senior vice-president of technical services and corporate development, said on the conference call that because Rory’s Knoll is a stockwork of mineralization hosted by a diorite plug, “the fact that there’s some grade variation vertically isn’t a big surprise to any of us.� He says that “it’s not a huge difference in terms of grade, but it’s enough to create this situation.� On a positive note, Caldwell said, mining rates have shown a 17% improvement from the third quarter, while the mill is performing well, with throughput and recovery rates delivering above designed rates. He also noted that work has begun for an underground exploration drift. “Unfortunately, we’ve got some review work to do on the resource model, and when that work will be completed in the next few months, we will be reviewing the entire resource model at Rory’s Knoll. So not just the open pit but the

underground, as well,â€? he said on the conference call. “This is an isolated issue ‌ as we mine through this area, we’ll get back on track.â€? It’s not the first time this year that the company has revised its production and cost guidance for Aurora. In July, the company lowered its production guidance from 190,000 to 210,000 oz. gold to 175,000 to 185,000 oz. gold. It also raised cash cost estimates (excluding royalties) to US$535 to US$585 per oz. from US$430 to US$480 per oz., and AISCs from US$830 to US$880 per oz. to US$945 to US$995 per oz. gold. The company said that the revisions were needed “due to the late arrival of the expanded haulage f leet and the later-than-planned mobilization of the contractor in the second quarter, which has deferred access to higher-grade ore to the fourth quarter of the year.â€? At press time, Guyana Goldfields’ shares were trading at $1.79, up 10.5% on the day. Over the last year, the company’s shares have traded in a range of $1.29 to $5.42. Guyana Goldfields has 174 million shares for a $311-million market capitalization. TNM

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Rory’s Knoll pit in 2016, shortly after Guyana Goldfield began production at its Aurora gold mine in Guyana.   GUYANA GOLDFIELDS

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Kamoto halt highlights cobalt’s unpredictability

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| Mine was slated to become world’s largest cobalt producer in 2019

A

nyone needing a reminder of the tenuousness of the global cobalt market — which plays a major role in underpinning the global boom in electric vehicles (EVs) — need only look at the stark news on Nov. 6 that Glencore’s 75%-owned subsidiary Katanga Mining has suspended sales from its large Kamoto BY JOHN CUMMING jcumming@northernminer.com cobalt-copper mining complex in the Democratic Republic of the Congo (DRC), owing to uranium contamination of cobalt concentrates destined for export. At press time on the day of the news, Katanga Mining shares closed down 23% to 49¢, compared to a multi-year peak of $2.67 on Jan. 3, 2018. Likewise, Glencore shares dropped 2.9% on the news in London trading. Located in the DRC’s Kolwezi district, Kamoto had been slated to become the world’s largest cobalt mine during 2019 — cementing Glencore’s position as the world’s largest cobalt producer. The wider Kamoto joint-venture project includes exploration and mining properties, the Kamoto concentrator, the Luilu metallurgical plant, the Kamoto underground mine and two oxide open-pit resources. While historic underground production at Kamoto dates back to 1969, modern-day commercial production restarted in June 2008, after the DRC Civil War. Katanga says the total cobalt production impacted by the sale suspension amounts to 1,472 tonnes of finished cobalt, and the “low levels of radioactivity detected in the uranium to date do not present a health and safety risk.” Katanga plans to keep producing cobalt concentrates at Kamoto at current rates and stockpile the output, as it carries out more surveys to find the source of the uranium, and explore various options to lessen the impact of the sales suspension. If it gets government approval, Katanga intends to spend US$25 million building an ion-exchange system to remove uranium from cobalt on-site, with commissioning targeted for mid-2019, at which time the stockpiled production would be cleaned of uranium. According to that timeline, sales and exports of Kamoto cobalt could resume by the end of 2019. Katanga had previously forecast production of 11,000 tonnes cobalt for 2018 and 34,000 tonnes in 2019, in a total annual market for mined cobalt that stood at only 120,000 tonnes in 2017. Before the Kamoto suspension, Glencore had expected to produce between 37,000 and 41,000 tonnes cobalt this year from its Katanga and Mutanda mines in the DRC, and as a by-product of its nickel mines in Canada, New Caledonia and Australia. Cobalt traded at only US$21.21 per lb. on Nov. 5, down US$4 per lb. from the previous week, and well off the multi-year peak seen in March 2018, when spot prices hit US$43.32 per pound. We’ll see how the cobalt price responds to the supply disruption in the weeks and months ahead. Those most concerned with this new wrinkle in the cobalt market will undoubtedly be those in the consumer market who have not already locked down their cobalt supply contracts for 2019 — especially those in the global automotive industry that plan accelerated EV production next year, and need more cobalt to make the lithiumion batteries that power them. Battery applications now soak up more than half of the world’s cobalt mine production, and that figure should rise markedly in the coming years, as the global appetite only grows for battery-powered electronic devices, large-scale renewable power storage and EVs. Large cobalt consumers for battery applications include high-profile multinationals such as Apple, BMW, LG Chem, Samsung C&T and Volkswagen, while China has added major cobalt refining capacity in recent years. Tesla made headlines a few months ago when it said it would minimize cobalt usage in its cars, but the move is fraught with safety issues, as cobalt inhibits overheating and fires in vehicle batteries. The DRC produces 60% of the world’s cobalt, and foreign cobalt miners in the country already had trouble earlier this year when the DRC imposed higher taxes on miners, and increased local ownership requirements on mining assets. TNM

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

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

COMPANY INDEX

Almaden Minerals. . . . . . . 1 Amarillo Gold . . . . . . . . . 15 Appia Energy. . . . . . . . . . 11 Azincourt Energy . . . . . . 12 BHP Billiton. . . . . . . . . . . . 1 Cameco. . . . . . . . . . . . . . . . 9 Candelaria Mining. . . . . . 1 Centerra Gold. . . . . . . . . . 16 Comstock Metals. . . . . . . 11 Connemara Mining. . . . . . 2 Denison Mines. . . . . . . 9,11 Dundee Precious Metals. . . . . . . . . . . . . . . 16 Eagle Plains Resources. . . 11 EMX Royalty . . . . . . . . . . . 6

Fission Uranium . . . . . 9,13 Fortuna Silver Mines. . . . 16 Freeport-McMoRan . . . . . 6 Glencore . . . . . . . . . . . . . . . 2 Group Eleven Resources. . . . . . . . . . . . . 1 Guyana Goldfields. . . . . . . 3 Havilah Mining . . . . . . . . 13 Hudbay Minerals. . . . . . . 13 IG Copper. . . . . . . . . . . . . . 6 Kinross Gold. . . . . . . . . . . 13 Liberty Gold. . . . . . . . . . . . 8 Medgold Resources. . . . . 16 New Age Metals. . . . . . . . . 9 New Boliden. . . . . . . . . . . . 1

Newmont Mining . . . . . . . 8 NexGen Energy. . . . . . . . . 9 Norvista Capital. . . . . . . . 13 NovaGold Resources. . . . 14 Orano Canada. . . . . . . . . . 9 Orbit Garant Drilling . . . . 5 Purepoint Uranium. . . . . . 9 Rio Tinto. . . . . . . . . . . . . . 15 Rockcliff Metals. . . . . . . . 13 Roughrider Exploration . . . . . . . . . . 13 Teck Resources. . . . . . . . 1,8 Troilus Gold. . . . . . . . . . . . 7

The crusher area under construction at Equinox Gold’s Aurizona gold project in northeast Brazil.   EQUINOX GOLD

Gold demand steady through Q3, World Gold Council says FACTS ‘N’ FIGURES  

| Mine production hits 875 tonnes in the quarter

The following is an edited summary from the World Gold Council, based on its Gold Demand Trends Q3 2018 report. To access the full report, visit www.gold.org. Global gold demand was steady in third-quarter 2018 at 964 tonnes, up just 6 tonnes year-on-year, according to the World Gold Council’s latest Gold Demand Trends report. Robust central bank buying and a 13% rise in consumer demand offset large outflows in gold-backed, exchange-traded funds (ETFs). Lower gold prices saw retail investors take refuge in bars and coins, while jewellery purchases grew in India, China and across South-East Asia. Bar and coin investors took advantage of the price dip, with demand up 28% year-on-year. Stock market volatility and currency weakness boosted demand in many emerging markets. China, the world’s largest bar and coin market, saw demand rise 25% to 86 tonnes year-on-year. Iranian demand hit a five-and-a-half-year high at 21 tonnes. Jewellery demand in third-quarter 2018 saw price-led, year-on-year growth of 6%. Lower gold prices during July and August encouraged bargain hunting among pricesensitive consumers. Growth in India and China, up 10% in each region, outweighed weakness in the Middle East, which was down 12%. Central bank gold reserves grew 148 tonnes in third-quarter 2018, up 22% from last year. This is the highest level of net purchases since 2015, both quarterly and year-todate. The quarter was notable due to a greater number of buyers. Demand for gold in technological applications rose 1% in the third quarter compared to the same quarter in 2017, to 85 tonnes. This marks the eighth consecutive quarter of growth, driven by gold’s use in electronics such as smartphones, servers and the automotive industry. ETF outflows reached 103 tonnes in third-quarter 2018, the first

BAR AND COIN INVESTORS TOOK ADVANTAGE OF THE PRICE DIP, WITH DEMAND UP 28% YEAR-ONYEAR. quarter of outflows since fourthquarter 2016. North America accounted for 73% of the outflows, fuelled by risk-on sentiment, a strong dollar and price-driven momentum. “The physical market responded quickly when the gold price breached US$1,200 per oz. in August, with retail investors around the world diving into the market, said Alistair Hewitt, head of market intelligence at the World Gold Council. “And there are welcome developments in the central bank space. They’re buying a lot and we are seeing new central banks enter the market, as they look to hedge their dollar exposure. “The equity sell-off ... is a timely reminder of the threats stalking markets: valuations are stretched, debt levels are high, and rising rates and quantitative tightening pose risks that an allocation to gold can help hedge.” The total gold supply decreased slightly in third-quarter 2018, down 2%, as de-hedging continued for a second consecutive quarter, and lower gold prices and economic improvement in the U.S. and Europe discouraged recycling. In contrast, mine production in the third quarter registered its sixth straight quarter of growth, up 2% to 875 tonnes, for the highest level of quarterly production in our records. A combination of growth from key producing countries — such as Russia and Canada — as well as the improving production pipeline, will support more growth in 2018. TNM

2018-11-06 7:49 PM


GLOBAL MINING NEWS

THE NORTHERN MINER / NOVEMBER 12–25, 2018

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Orbit Garant buys Burkina Faso drilling company SUPPLIER NEWS  

| Pays US$6.4M to grow footprint in West Africa’s prospective gold fields

BY TRISH SAYWELL tsaywell@northernminer.com

O

rbit Garant Drilling (TSX: OGD), one of Canada’s largest drilling companies, took advantage of the last downturn to make a strategic move into Chile, and now hopes to repeat that success in West Africa. In December 2015, the Val-d’Orbased company bought Captagua Ingenieria, a Chilean drilling company in Santiago. Since then Orbit Garant has grown its revenue base in Chile to more than $40 million. As in Chile — where the company first set up an operating subsidiary in 2013 — Orbit Garant first established operating subsidiaries in Burkina Faso in fiscal 2017, and in Ghana in fiscal 2015. In October Orbit Garant acquired the drilling business of Projet Production Internationale, based in Burkina Faso’s capital, Ouagadougou. The US$6.4-million acquisition (US$5.15 million in cash and US$1.25-million worth of shares) adds 13 surface drill rigs, 100 employees, support equipment and customer contracts. Orbit Garant expects the acquisition will add $12 million more revenue for the 2019 fiscal year ending on June 30, 2019, as well as generate positive cash flow and earnings. President and CEO Eric Alexandre told The Northern Miner that Burkina Faso is one of Africa’s largest gold-producing countries and one of the most active exploration markets on the continent, so the acquisition makes a lot of sense. Margins in West Africa are a big incentive, too, he added. “The ground is a bit easier to

Sylvain Drolet (far right), director general of Orbit Garant Burkina Faso, at the company’s office in Burkina Faso.   ORBIT GARANT

“WE HAD A GREAT WINTER LAST YEAR BUT THE SUMMER WAS PRETTY FLAT, AND RIGHT NOW THE JUNIORS ARE QUITE SILENT … BUT WE DO BELIEVE WE’RE AT THE EARLY BEGINNING OF AN UPCYCLE.” ERIC ALEXANDRE PRESIDENT AND CEO, ORBIT GARANT DRILLING

drill,” he said in a telephone interview from Montreal, explaining that you can drill shallower and more productive holes in Burkina Faso. “In Canada shallow holes are like 1,000 metres, and there it’s 300–400 metres. The deepest holes in Burkina Faso don’t usually exceed 800 metres … and you don’t have winter conditions.” In addition, “the cost of manpower is way cheaper than Canada, so that goes to your margin.”

Alexandre also noted that being French Canadian is an advantage in the French-speaking country, and that “you have to go where the mines are, and there are a lot of Canadian companies there.” In the 2018 fiscal year ended June 30, Orbit Garant more than doubled its revenue from international projects to $52.2 million. This latest acquisition should position the company to pursue new growth opportunities.

Orbit Garant’s office in Chile.   ORBIT GARANT

“We started in Quebec and Ontario, and now we are in Chile, and we have a strong base there and we can grow from that base, maybe in Peru and Argentina, or surrounding countries, and it’s the same in West Africa,” he said. “We’d like to be a dominant player in that region. We have interest in Ghana, Senegal and West Africa, and we will follow our clients, as well as be more recognized there by establishing a base in those countries.” Alexandre said his plan is to continue to develop the company “through acquisitions and organic growth.” “We’re very disciplined about the way we grow, and at this stage, we want to focus on integrating the new group into the Orbit Garant family and integrate the synergy we expect.” Alexandre’s father, Bernard, and

uncle, Pierre, founded the company in their hometown of Val-d’Or in 1986, and were later joined by another uncle, Richard. In 2006, the company started a training school to teach skills to new drillers, and, in 2007, the family business merged with another family-owned drilling company called Garant & Brothers. Alexandre took the new company, Orbit Garant, public in a $60-million initial public offering (IPO) in 2008 — the last IPO on the Toronto Stock Exchange before the global financial crisis. As for the overall market, Alexandre says, while the gold price is going up, it’s still hard for junior mining companies to raise money. “We had a great winter last year but the summer was pretty flat, and right now the juniors are quite silent … but we do believe we’re at the early beginning of an upcycle.” TNM

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Workers operating an Orbit Garant’s computerized drill rig in the field.   ORBIT GARANT

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2018-11-06 7:49 PM


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NOVEMBER 12–25, 2018 / THE NORTHERN MINER

Drillers in 2016 at the Malmyzh copper-gold porphyry project in Russia’s far east, 200 km from the border with China.   PHOTO BY THE NORTHERN MINER

Malmyzh sale brings EMX Royalty US$65M windfall COPPER-GOLD  

| Russian cheque ‘did not bounce’ CEO David Cole says “YOU CAN IMAGINE FACING IMPATIENT SHAREHOLDERS FOR YEARS AND THEN WHEN YOU FINALLY CRYSTALLIZE A BIG INVESTMENT AND THE MONEY IS IN THE BANK, THEY COME UP AND SHAKE YOUR HAND AND SAY, ‘DAVE, GREAT TO SEE YOU!’”

BY TRISH SAYWELL

S

tsaywell@northernminer.com

even years ago, EMX Royalty (TSXV: EMZ; NYSE-AM: EMX) identified privately held IG Copper and its Malmyzh copper-gold porphyry project in Russia as a strategic investment opportunity, and poured US$13 million into the company. That investment has just paid off with IGC’s sale of the project for US$200 million to Russian Copper Co., a large, privately held copper producer in the Russian Federation. The sale gives EMX US$65 million in cash. A further US$4 million, held in escrow, will go to EMX in two payments over the next 12 months. “It’s the largest profit we’ve had in the history of the company on any deal,” David Cole, EMX’s founder, president and CEO, said in an interview, adding that the cheque from Russian Copper Co. “did not bounce.” “It has done a lot for my personality,” he jokes. “You can imagine facing impatient shareholders for years and then when you finally crystallize a big investment and the money is in the bank, they come up and shake your hand and say, ‘Dave, great to see you!’” IGC owned 51% of the Malmyzh project and Freeport-McMoRan (NYSE: FCX) held the other 49% stake. (Read our site visit feature story on Malmyzh in our Jan. 9–17, 2017 edition.) The IGC team has been exploring and developing Russia since 2005. Malmyzh is an advanced coppergold exploration property, 210 km northeast of Khabarovsk in Russia’s Far East. The project is 200 km from Russia’s border with China and 65 km from rail access at Komsomolsk. Malmyzh has four known deposits with total inferred resources of 1.66 billion tonnes grading 0.34% copper and 0.17 gram gold per tonne, or 0.42% copper-equivalent. The

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DAVID COLE FOUNDER, PRESIDENT AND CEO, EMX ROYALTY

resource is based on a 0.30% copperequivalent cut-off grade. The district-scale, 16 by 5 km porphyry intrusive corridor is concealed beneath a thin alluvial cover.

EMX is a shareholder in IGC, with a 40% stake. EMX, formerly known as Eurasian Minerals, has 90 projects worldwide, with over 8,000 sq. km of mineral

rights exposure. The company, founded 15 years ago, has a three-pronged business model. The first is prospect generation

(acquiring large tracts of “real estate” and adding value), which eventually leads to a combination of cash payments, advanced royalty payments, work commitments and a production royalty. EMX also buys royalties outright if and when it can — although it’s a tough business, Cole concedes. The third prong is strategic investments, like ICG and Malmyzh. “Having astute geologists around the world means they occasionally come across a share-purchase opportunity that is so good you cannot not do it, and so the strategic investment arm of the company has been very successful, and the liquidation of the Malmyzh investment is one example.” TNM

IG Copper president and CEO Thomas Bowens (centre) at the Malmyzh copper project in 2016.   PHOTO BY THE NORTHERN MINER

2018-11-06 7:49 PM


GLOBAL MINING NEWS

THE NORTHERN MINER / NOVEMBER 12–25, 2018

7

Drilling extends mineralization deeper at Troilus mine project QUEBEC   BY TRISH SAYWELL

F

tsaywell@northernminer.com

rom 1996 until 2010, Zone 87 at the Troilus gold-copper mine in Quebec was responsible for most of the 2 million oz. gold and 70,000 tonnes copper that was produced by Inmet Mining at the open-pit mining operation. The Z87 pit ran 350 metres deep and had a 900-metre strike length. Now new owner and junior explorer Troilus Gold (TSXV: TLG) is trying to bring that zone and others on its property back into production, and has completed 36,000 metres of drilling this year. The results should have a “meaningful impact” on an updated resource estimate that the company plans to finish before 2019, says the company’s CEO, Justin Reid. Troilus has a resource of 44 million indicated tonnes grading 1.27 grams gold per tonne and 0.12% copper for 1.8 million contained oz. gold and 117 million lb. copper. Inferred resources add 18.7 million tonnes grading 1.03 grams gold and 0.08% copper for 622,000 oz. gold and 34.8 million lb. copper. Drilling this year at Z87 was designed in part to expand the underground resource down dip and along strike below the historic pit. Results from three drill holes show the mineralization extends another 180 metres below the lowest level of the current inferred resource

| Troilus Gold to update resource estimate before year-end

“THIS DRILLING AT Z87 MAY BE THE MOST SIGNIFICANT TO DATE. WE HAVE SHOWN THE EXTENSION OF Z87 SIGNIFICANTLY BELOW OUR CURRENT MINERAL RESOURCE ESTIMATES.” JUSTIN REID CEO, TROILUS GOLD

estimate. Highlights include 1.88 grams gold per tonne and 0.1% copper over 52 metres from 675 metres downhole in Z87-18; 1.58 grams gold and 0.1% copper over 67 metres starting from 832 metres’ depth, including 2 metres of 10.03 grams gold in hole Z87-44; and 1.44 grams gold and 0.13% copper over 81 metres from 689 metres downhole in hole Z87-35. “This drilling at Z87 may be the most significant to date,” Reid stated in a news release. “We have shown the extension of Z87 significantly below our current mineral resource estimates.” The company notes that two smaller-scale historic open pits —

A worker in the core shack at the Troilus gold project.   TROILUS GOLD

Published by:

A geology team looks over the historic Z87 pit at Troilus Gold’s namesake project in Quebec.   TROILUS GOLD

J4 and J5, 200 metres and 1 km northeast of Z87 — have the same mineralization and geology as Z87. Both J4 and J5 are open at depth and along strike. The company is also undertaking regional exploration on the extension and identification of mineralization northeast and southwest of the existing resource, while structural and geophysical studies

are being combined with regional mapping to outline potential drill targets for Troilus Gold’s 2019 exploration program. The Southwest Zone is one area of interest. The zone, 3.5 km southwest of Z87, occurs along the margin of the Troilus Diorite and surrounding volcanics. Historic intercepts from the zone included 36 metres of 1.23 grams gold and 18 metres of 1.06

Emergency generator facilities at Troilus.   TROILUS GOLD

The water-treatment plant on the Troilus property.   TROILUS GOLD

grams gold. The 47 sq. km Troilus property is northeast of the Val-d’Or district, and within the Frotet-Evans greenstone belt. The company’s shares closed at 50¢ per share, down 9% on the day. Over the last year, Troilus has traded within a range of 40¢ and $2.25 per share. Pierre Vaillancourt of Haywood Securities has a $2 price target on the stock. “Based on the success of drilling this year, we expect the total resource to increase from the current indicated and inferred resource of 2.7 million oz. at 1.38 grams per tonne gold equivalent to closer to 4 million oz.,” he said in a research note. “A key component of the new resource estimate will be the growth in open-pittable resources from the J4 and J5 deposits, as well as the identification of higher-grade zones.” “Valuation is cheap,” the mining analyst continued. “Based on our estimate of the economics for the Troilus mine and balance sheet items, our diluted net asset value (NAV) 5% for Troilus is $3.82 per share, for a price to NAV of 0.13x, compared with peers at 0.36x. The stock trades at a market cap per ounce of resource of $7 per oz., compared to peers at $53 per ounce.” TNM

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NOVEMBER 12–25, 2018 / THE NORTHERN MINER

A drill rig at Liberty Gold’s Goldstrike oxide gold deposit in Utah.   LIBERTY GOLD

Liberty Gold expands mineralized footprint in Utah at Goldstrike EXPLORATION  

BY TRISH SAYWELL

S

tsaywell@northernminer.com

hallow infill and step-out drilling — 250 metres south of the main deposit at Liberty Gold’s (TSX: LGD) f lagship Goldstrike project in Utah — suggests that oxide gold-bearing feeder structures follow multiple orientations that cross-cut the main deposit trend, the company says. Exploration results from the Peg Leg area at the past-producing mine also indicate that the zone

THE PERFECT

GIFT

| Raises $11.6 million in latest bought-deal financing

has starter-pit potential, given the higher-grade results over significant widths. “Peg Leg had limited historical drilling — a few holes that intersected a bit of gold in the past,” Cal Everett, the junior explorer’s president and CEO, told The Northern Miner in an email. “Liberty Gold went into the area, as follow-up targeting the preferred Claron Formation host rocks to most of the Goldstrike deposit, and identified a high-grade oxide gold system with associated feeder structures.”

Highlights of the most recent reverse-circulation drilling include 1.17 grams gold per tonne over 67.1 metres from 40 metres downhole, including 2.21 grams gold over 25.9 metres, in hole 630; 0.44 gram gold over 32 metres from surface, and 1.14 grams gold over 42.7 metres from 78 metres downhole, including 2 grams gold over 18.3 metres in hole 579; 0.99 gram gold over 51.8 metres from 44 metres downhole, including 2.45 grams gold over 10.7 metres in hole 631; and 1.63 grams gold over 9.1 metres from surface

IN OCTOBER THE COMPANY RAISED $11.6 MILLION IN A BOUGHT-DEAL FINANCING THAT WILL BE USED FOR EXPLORATION AND DEVELOPMENT AT LIBERTY’S PROJECT IN UTAH, IDAHO AND NEVADA. in hole 636. The project, near the Nevada border in southwestern Utah, hosts disseminated gold mineralization similar to deposits on the Carlin Trend. Between 1988 and 1994,

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past producers mined 209,000 oz. gold there from 12 shallow pits at an average grade of 1.2 grams gold. A resource estimate for Goldstrike that Liberty Gold completed in February outlines 49.6 million indicated tonnes grading 0.54 gram gold for 865,000 contained oz. gold, and 16.4 million inferred tonnes grading 0.52 gram gold for 274,000 oz. gold. The resource estimate is based on 1,730 drill holes (historic and Liberty Gold drilling) and uses a cut-off grade of 0.25 gram gold. According to a preliminary economic assessment (PEA) in July — which was based on the February resource estimate, but uses a lower cut-off grade of 0.20 gram gold — Goldstrike would have a 7.5-year mine life and produce an average 95,000 oz. gold annually. Direct operating cash costs are estimated at US$642 per oz. and all-in sustaining costs at US$793 per oz. gold. The PEA estimates a 1.2-to-1 stripping ratio, US$113.2 million in preproduction capital, with payback in 2.3 years, and a US$129.5-million, after-tax net present value at a 5% discount rate, along with a 29.4% after-tax internal rate of return. The study does not include benefits from by-product silver production or processing any residual gold in the historic heap-leach pads, which are being drill tested. In October the company raised $11.6 million in a bought-deal financing that will be used to explore and develop Goldstrike, as well as Liberty Gold’s Black Pine project in Idaho and its Kinsley deposit in Nevada. Institutional shareholders include Van Eck, Resource Capital Funds, Newmont Mining (NYSE: NEM) and Teck Resources (TSX: TECK.B; NYSE: TECK). TNM

2018-11-06 7:49 PM


PRAIRIE PROVINCES

SPECIAL FOCUS

New Age Metals grows lithium assets in Manitoba EXPLORATION  

| Junior tests spodumenebearing pegmatites near Tanco mine BY TRISH SAYWELL tsaywell@northernminer.com

T

wo years ago, New Age Metals (TSXV: NAM; US-OTC: NMTLF) became one of the largest claim holders in the Winnipeg River pegmatite field of southeastern Manitoba, 125 km northeast of Winnipeg. Through staking and acquisitions, the junior acquired 60 sq. km and five hard-rock lithium projects that contain spodumene-bearing pegmatites next to lithium-cesiumtantalum Tanco pegmatite, which has been mined since 1969. New Age Metals recently reported lithium assays from surface sampling at its Eagle pegmatite, part of the junior’s Lithium Two project, 22 km north of the Tanco mine. Sampling returned assays with values ranging from 1% Li 2O up to 3.8% Li2O, and the work also extended the Eagle pegmatite 300 metres west. Last drilled in 1947, Eagle is open at depth. It also has a historic resource estimate of 544,460 tonnes grading 1.4% Li 2 O to 61 metres’ depth. “We’re the first guys back on the project in many, many years,” Harry Barr, the company’s chairman and CEO, tells The Northern Miner. “We’re just trying to redefine an old deposit and see if it has extensions at depth and on strike.” The company has applied for drill permits for Eagle and the second pegmatite at its Lithium Two project, called FD5, which lies east of Eagle and has never been drilled. A sample of spodumene from FD5 in the most recent lab results returned 7.62% Li 2O. Both the Eagle and FD5 pegmatites come to surface. “We’ve done more work on FD5 and think it’s probably part of a pegmatite swarm,” says Carey Galeschuk, a geologist working with the company. “We knew it had spodumene and now we’ve got surface numbers, so it’s better defined … drilling hopes to show whether these pegmatites come together at depth or are singular bodies, but they are close enough together that it shouldn’t be a problem.” Galeschuk spent 12 years as an exploration geologist at the Tanco mine working for Tantalum Mining Corp. (owned by Cabot Corp.), and lives 100 km from the mine site. The Tanco underground mine produced spodumene concentrate between 1986 and 2009. Spodumene, a lithium-bearing mineral found in pegmatite dikes, can be used as a feedstock for producing lithium carbonate and metal, or directly in its mineral form, in the glass and ceramic industries. See NEW AGE METALS / 12

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Drillers on Purepoint Uranium’s property in northern Saskatchewan.   PUREPOINT URANIUM

Uranium reversal may be close, Purepoint says SASKATCHEWAN  

| Cameco-funded exploration program set for Hook Lake in 2019

BY TRISH SAYWELL

I

tsaywell@northernminer.com

n one of the few exploration projects it is funding next year, Cameco (TSX: CCO; NYSE: CCJ) and its joint-venture partners Orano Canada and Purepoint Uranium (TSXV: PTU) are planning a 36 km groundelectromagnetic survey and 6,000 metres of diamond drilling at their Hook Lake uranium project in Saskatchewan. Cameco owns 39.5% of the project in the province’s Patterson uranium district, with Orano Canada holding 39.5% stake, and Purepoint, the operator, at 21%. The 2019 winter drill program will see the partners continue to explore a mineralized shear zone that extends along the Patterson corridor. The shear runs through the project’s Dragon zone and is on trend with its Spitfire discovery. The Patterson uranium district is a structural corridor situated on the southwestern edge of Saskatchewan’s Athabasca basin, which extends at least 50 km, and hosts Fission Uranium’s (TSX: FCU) Triple R deposit, NexGen Energy’s (TSX: NXE) Arrow deposit and Spitfire. The Arrow and Triple R deposits are 7 km and 14 km southwest of Spitfire, and in the same geological structure that continues another 8 km through Spitfire to the northeast, and into Denison Mines’ (TSX: DML; NYSE-AM: DNN) ALX claims at its HookCarter project. The $3-million exploration project planned for 2019 “speaks to Cameco’s feelings about the project,” says Chris Frostad, Purepoint’s president and CEO. “Majors don’t invest in exploration projects that don’t have the potential to be

tier-one deposits, or more than 100 million lb. U3O8 .” The joint-venture partners are focusing exploration on an area between their high-grade Spitfire discovery of 2015 (53.3% U3O8 over 1.3 metres within a 10-metre interval assaying 10.3% U3O8 , starting from 220 metres below surface), and the Dragon zone, 6 km northeast. Dragon was found at the end of 2016. Spitfire sits on the southernmost claim line beside NexGen’s project. The Dragon area has an identical geological setting to Spitfire, Frostad says, only larger. “Not only that,” he adds, “but we could see that the structure running up

“MAJORS DON’T INVEST IN EXPLORATION PROJECTS THAT DON’T HAVE THE POTENTIAL TO BE TIER 1 DEPOSITS, OR MORE THAN 100 MILLION LB. U3O8.” CHRIS FROSTAD PRESIDENT AND CEO, PUREPOINT URANIUM

from Triple R, through Arrow and into Spitfire appeared to connect directly through to Dragon. That area requires additional geophysical data to refine the targets, which is job one this season.” Uranium doesn’t trade on an open market like many other commodities, so buyers and sellers ne-

gotiate contracts privately. Utilities buy their fuel under four to 10-year contracts to lock in the price. The long-term price, which hasn’t changed in two years, is US$31 per lb., while the spot market price is now a little over US$28 per lb. U3O8 . See PUREPOINT / 10

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NOVEMBER 12–25, 2018 / THE NORTHERN MINER

PRAIRIE PROVINCES

WWW.NORTHERNMINER.COM

A worker in the core shack at Purepoint Uranium’s Hook Lake uranium project in northern Saskatchewan.   PUREPOINT URANIUM

Uranium reversal may be close, Purepoint says PUREPOINT From 9

Partly as a result, the market is tight and illiquid, a factor that has resulted in major price swings after major events, such as the Fukushima reactor meltdown in 2011, and accidents at Chernobyl (1986), Three Mile Island (1979) and the 1973 oil shock. “There have been no significant long-term contracts signed in the last two years,” he says. “Why would a producer sign a new contract at US$30 to $35 per lb., when the marginal cost of production is US$40 per pound? “They might if they were in trouble, but they’ve shut their mines down, laid everybody off, taken their whack — so they’re not going to give any deals if they don’t have to. They’re going to wait until the price comes back before they start turning things on.” Cameco is buying a third of its

product on the spot market because it’s cheaper than producing it, he says. Meanwhile, uranium production continues to go down — currently it’s 16% lower than last year. “What we’ve seen over the last two years is that supply has been forced to do a free fall. All excess inventory has driven uranium down to historic lows, and, as in other industries, we’ve seen mines shut down. And, in our case, a lot of contract buying has moved into the spot market. Because the spot price is so low you’ve got utilities buying on spot, rather than signing new contracts.” But eventually, he argues, inventories will be soaked up and the price will turn. “At the end of the day, nobody really knows what the inventory is. Half the planet won’t report what they’ve got. It would be around 1 billion lb., give or take, so nobody

“EVERY TIME URANIUM MOVES IT’S LIKE AN EXPLOSION, BUT I WOULD THINK THAT BY MID-2019, YOU’RE GOING TO SEE SOME REAL MOVEMENT IN THE LONG-TERM PRICE.” CHRIS FROSTAD PRESIDENT AND CEO, PUREPOINT URANIUM

really knows at what point the inventory will get to before we start to see long-term contracts signed again.” Like many in the industry, the mining executive is reluctant to guess when the sector will turn, but he says the tipping point could come soon. “I’m thinking you’ll see the spot price meet up with the long-term price, probably at the end of the year,” he ventures. “Every time uranium moves it’s like an explosion, but I would think that by mid-2019,

you’re going to see some real movement in the long-term price. “If I’m a utility buyer, now it becomes: ‘I can either buy at spot at US$31.50 per lb., or I’m going to sign a contract,” he says. “So they’re going to hang on for as long as they dare, and they’re playing chicken. No one wants to be the first guy signing that new long-term contract.” The market will have started to turn when you see the long-term price move back to profitable levels, he adds, and utilities “will have to

pay whatever the price is, and I think you’ll see a jump from US$32 per lb. up to US$40 per lb. pretty quickly. Then people will start to ramp up again, because they’ll know things are heading in the right direction.” Frostad argues that interest in uranium is greater than in other commodities “because investors recognize that they’re looking at a commodity at the bottom of its cycle. Everybody is waiting for the moment when it looks like it’s time to get back in.” Nearly 80% of the world’s uranium is mined in four countries: Kazakhstan (39%), Canada (22%), Australia (10%) and Namibia (7%). (Niger produces 6%; Russia, 5%; and 11% comes from other smaller-scale producers.) Saskatchewan’s known uranium resources have grades ranging from 1% to 20% — far in excess of anywhere else in the world. TNM

Purepoint Uranium’s exploration camp in Saskatchewan.   PUREPOINT URANIUM

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2018-11-06 7:50 PM


PRAIRIE PROVINCES

GLOBAL MINING NEWS

THE NORTHERN MINER / NOVEMBER 12–25, 2018

11

PRAIRIE SNAPSHOT

Eight companies looking for uranium and gold While mineral production has been hard hit in Canada’s Prairie Provinces in line with the extended downturns in potash and uranium prices, the junior and mid-tier sector remains active in the region, with uranium and gold among the most favoured exploration and development targets. Here are profiles of eight such companies.

US-OTC: EGPLF) says the objective of its project-generator business model is to create partnerships with other companies to advance its exploration projects, particularly in Western Canada, where it is exploring for gold, base metals, uranium, rare earth elements and industrial minerals.

APPIA ENERGY Toronto-based junior Appia Energy (CSE: API; US-OTC: APAAF) is involved in uranium exploration in the prolific Athabasca basin district of northern Saskatchewan, and uranium and rare earth development and mining in northern Ontario’s historic Elliot Lake mining camp. Appia is led by president and CEO Anastasios (Tom) Drivas, who is described as a business entrepreneur with over 30 years of experience in various industries, including more than 20 years in the mineral resource industry. He is also president and CEO of Romios Gold Resources, a publicly traded company founded in 1995.

Drillers at Fission Uranium’s Patterson Lake South uranium project in Saskatchewan.  PHOTO BY RICHARD QUARISA Denison’s interests in the basin include: a 22.5% ownership interest in the McClean Lake joint venture, which includes several uranium deposits and the McClean Lake uranium mill, which processes ore from the Cigar Lake mine under a toll-milling agreement; a 25.17% interest in the Midwest and Midwest A deposits; and a 65.45% interest in the J Zone deposit and Huskie discovery on the Waterbury Lake property.

Denison is also engaged in mine decommissioning and environmental services through its Denison Environmental Services division and manages Uranium Participation Corp. — a publicly traded company that invests in uranium oxide and uranium hexafluoride. EAGLE PLAINS RESOURCES Eagle Plains Resources (TSXV: EPL;

Most recently, Eagle Plains and Rockridge Resources entered into an agreement whereby Rockridge may earn a 100% interest in Eagle Plains’ wholly owned Knife Lake polymetallic project, located 50 km northwest of the community of Sandy Bay, Saskatchewan. Eagle Plains says the Knife Lake area saw exploration from the late 1960s to the 1990s, with the last documented work program completed in 2001. Meanwhile, Eagle Plains and option partner Roughrider Exploration have completed 2018 exploration work on the Olson gold-silver project, located 120 km east of La

Ronge, Sask., where Roughrider may earn up to an 80% interest in the property. FISSION URANIUM Fission Uranium (TSX: FCU; USOTC: FCUUF) is one of the leaders in the new wave of exploration in the under-explored southwestern portion of the Athabasca basin of northern Saskatchewan, where it is steadily advancing its Patterson Lake South uranium property, which hosts the high-grade Triple R deposit. Fission notes that “major new highgrade zones have been discovered each year since discovery in 2012, and recent exploration drilling has encountered further mineralization west of the trend.” Fission is headed up by CEO Dev Randhawa and president and chief operating officer Ross McElroy – co-recipients of The Northern Miner’s

See SNAPSHOT / 13

300 BOOM-TO-

Geologist James Sykes is Appia’s vice-president of exploration and development, and has previous work in the Athabasca basin related to NexGen’s Arrow deposit and Hathor’s Roughrider deposits. Appia holds four projects totalling 511 sq. km in the Athabasca basin region, including the Loranger property, where six out of seven drill holes intersected uranium mineralization in Appia’s first drill campaign; and the Eastside and North Wollaston properties, where historic ground prospecting found boulder and outcrop surface showings returning high uranium values.

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COMSTOCK METALS Vancouver-based Comstock Metals (TSXV: CSL, US-OTC: CMMMF) describes itself as a “preciousmetal-focused mineral exploration company advancing two resourcestage gold projects in premiere Canadian mining jurisdictions.” Most recently Comstock has been evaluating opportunities in the battery metal space, having secured the Rawhide cobalt-silver project in Ontario, and adding to its two advanced gold projects: Preview in Saskatchewan and QV in the Yukon. At last count, the Preview SW deposit hosted indicated resources of 2.6 million tonnes grading 1.89 grams gold per tonne for 158,300 contained oz. gold, plus 5.70 million inferred tonnes at 1.48 grams gold for 270,800 contained oz. gold.

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DENISON MINES A member of the Lundin Group of Companies and led by David Cates, Denison Mines (TSX: DML; NYSEAM: DNN) is a Toronto-based senior developer focused on exploration and development of uranium assets in Saskatchewan’s Athabasca basin.

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In addition to its 90%-owned Wheeler River project, which Denison says “ranks as the largest, undeveloped, high-grade uranium project in the infrastructure-rich eastern portion of the Athabasca basin,” the firm’s exploration portfolio in the basin consists of numerous projects covering 3,200 square kilometres.

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NOVEMBER 12–25, 2018 / THE NORTHERN MINER

PRAIRIE PROVINCES

WWW.NORTHERNMINER.COM

New Age Metals grows lithium assets in Manitoba NEW AGE METALS From 9

Much of the spodumene concentrate from the Tanco mine was sold to manufacturers in the U.S., which used it to make glass-ceramic cookware known as VisionWare and CorningWare. The mine also produced tantalum concentrate in varying capacities from 1969 until 2009. Today, Tanco extracts cesium from pollucite, which it uses to make cesium formate, a drilling fluid used in the petroleum industry. While lithium is New Age Metals’ main exploration focus at its Lithium Two project, the company points out that its pegmatites also show elevated tantalum values, which “may be of an economic interest.” Over at its Lithium One project, 8.5 km southeast of the Tanco mine, the company has found at least 40 surface pegmatites of various dimensions and compositions, many of them lithium bearing. The Silverleaf pegmatite, for example, is a zoned, complex, lithiumbearing pegmatite with a surface exposure of 80 by 45 metres. Samples taken from Silverleaf’s LepidoliteSpodumene zone have returned assays from 1.30% to 2.43% Li 2O. The zone is 50 by 20 metres and extends into a historic, excavated open pit, which dates to the 1920s, when a bulk sample of spodumene was mined from the southwest side of the pegmatite. A sample from the historically mined spodumene rock pile returned values of up to 4.3% Li 2O. New Age Metals’ other assets near the Tanco mine are the Lithman East, Lithman North and Lithman West projects. Lithman East and West are next to the Tanco mine leases (Lithman West used to be part of the Tanco claims), while Lithman North is 15 km northeast of the mine leases. There are no exposed pegmatites on Lithium West, but there are a number of geochemical targets for pegmatites, while Lithman East and North have numerous pegmatites that have yet to be fully evaluated. Pegmatites are felsic systems, and like granite, can contain feldspar, quartz and mica. The Tanco pegmatite belongs to the Bernic Lake pegmatite group, part of the Cat Lake-Winnipeg River pegmatite district. The district lies in the Bird River greenstone belt, which is part of the Archean Superior Province. In January, New Age Metals completed an option agreement on the five projects with Azincourt Energy (TSXV: AAZ), and since then has picked up another three projects

Geological consultant Greg Ashcroft at New Age Metals’ Lithium Two lithium property in Manitoba.   NEW AGE METALS

for a total of eight. Under the agreement, Azincourt can acquire a full interest in stages and has committed to spending $600,000 on exploration in Manitoba this year. “We’re financed to drill this year, it’s just a question of whether we can get the drill rig out there before the end of the year, but we hope we can, and there’s no reason why we can’t

drill there in the winter,” Barr says. It’s an area that can be drilled at any time of the year, Galeschuk adds. “If we had drill permits now we could drill right away. It doesn’t require freeze-up. It’s a good location.” The company expects to get the permits within a month, and says it could drill 1,500 metres before year-end. TNM

“WE’RE THE FIRST GUYS BACK ON THE PROJECT IN MANY, MANY YEARS. WE’RE JUST TRYING TO REDEFINE AN OLD DEPOSIT AND SEE IF IT HAS EXTENSIONS AT DEPTH AND ON STRIKE.” HARRY BARR CHAIRMAN, NEW AGE METALS

Small green spodumene blades in pegmatites at New Age Metals’ Lithium Two lithium project.   NEW AGE METALS

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2018-11-06 7:50 PM


PRAIRIE PROVINCES

GLOBAL MINING NEWS

THE NORTHERN MINER / NOVEMBER 12–25, 2018

13

Rockcliff to begin Kinross-funded drill program at Laguna MANITOBA  

| Kinross can earn up to 70% of Rockcliff’s Laguna and Lucky Jack

BY RICHARD QUARISA

R

rquarisa@northernminer.com

ockcliff Metals (TSXV: RCLF; US-OTC: SVVZD) it set to drill its Laguna gold property in Snow Lake, Man. — the first drilling the property has seen in over 70 years. Kinross is funding the 2,500-metre program. The two companies partnered in July 2018, with Kinross Gold (TSX: K; NYSE: KGC) intending to earn a 70% interest in both Rockcliff’s Laguna and Lucky Jack gold properties by spending $5.5 million on exploration over the next six years. Both properties are located within the historic Herb Lake gold camp. The Laguna property hosts the past-producing Rex-Laguna gold mine that reportedly produced 60,000 oz. gold grading 18.7 grams gold from a single quartz zone between 1916 and 1939. Thrust faults attributed to the Crowduck Bay fault, which spans all of Laguna, control gold mineralization on the property. “That quartz zone is located within a 6 km long ‘Gold Mine Trend’ striking across the property,” company president and CEO Ken Lapierre says during an interview with The Northern Miner. “We’ve uncovered 11 other similar-style quartz zones within that favourable gold trend, and we’ve identified visible gold in five quartz zones, with grab sample assays up to and over 600 grams per tonne gold.” Kinross has committed to spending $750,000 on Laguna and Lucky Jack this year, and $1.25 million on both properties over the next two years. Rockcliff says that will cover work expenses until the end of 2019. The exploration program at both properties will include geological mapping, trenching, sampling, ground-gravity geophysics, a light detection and ranging survey and drilling. Rockcliff Metals began exploring Snow Lake 12 years ago. It became the largest junior landholder in the Snow Lake greenstone belt earlier this year when it staked two properties, VMS #1 and VMS #2, which total more than 115 square kilometres. They raised Rockcliff’s overall land position in Snow Lake to 2,000 square kilometres.

Ken Lapierre at Rockcliff Metals’ Talbot polymetallic project in Manitoba.   ROCKCLIFF METALS

The company’s yearly exploration expenses help maintain the claims, beginning with a $144,315 commitment this year. It plans to fly an airborne geophysical survey over the properties in early 2019 to define targets for future exploration. Across Manitoba, Rockcliff now has eight base metal projects and five gold projects through its wholly owned subsidiary, Goldpath Resources. It also holds two separate future royalties. In total, the company owns more than 2,000 sq. km of prospective land in Manitoba. “First and foremost, we see ourselves as an exploration company searching for buried treasure,” Lapierre says. “The drilling on the Laguna gold property will be our focus for the remainder of 2018, and that will continue into 2019, but we’re continuing to prepare two other volcanogenic massive

sulphide properties for future drill programs in 2019.” He’s referring to the Bur zinc property and the Rail copper property. The historical Bur Zinc deposit sits on the northeast corner of Rockcliff’s Snow Lake camp. It hosts a nonNational Instrument 43-101 compliant 1.35 million tonnes grading 1.8% copper, 8.7% zinc, 0.1 gram gold and 11.5 grams silver. The company plans to drill Bur in 2019. Rockcliff has similar plans for Rail. The Rail property features at least 5 km of prospective copper horizon containing three main geophysical targets: the North target, the Rail deposit and the South target. The North target lies 1 km north of the Rail deposit. The South target lies 800 metres south. The project’s deposit is within the central target. It contains 822,000

indicated tonnes grading 3.04% copper, 0.7 gram gold, 0.9% zinc and 9.3 grams silver. The company has not yet drill tested the property’s north and south targets. It plans to launch a drill campaign at Rail in 2019, focused on expanding the resource. The deposit is open at depth and along strike. The company also recently found a 10 km mineralized corridor called the McLeod gold horizon on its SLG gold property. The corridor is associated with gold and copper mineralization. The company plans to do more surface work at SLG in 2019 to advance its targets to the drill-ready stage. Despite its expansive exploration plans, Rockcliff is in good financial shape. In May 2018 the company sold its interest in the Talbot option agreement for Snow Lake’s Talbot polymetallic deposit to Norvista

Capital (TSXV: NVV; US-OTC: XTERF). Norvista will pay Rockcliff $3 million over two years and a 0.5% net smelter royalty (NSR) on Norvista’s nearby Tower copper property. If Norvista earns a 90% interest at Talbot, Rockcliff further earns a 2% NSR on the Talbot deposit. Rockcliff now has a 2% NSR on Tower. It had been earning a 51% interest in Talbot from Hudbay Minerals (TSX: HBM; NYSE: HBM) by spending $6.12 million in exploration at the property over six years, since signing the agreement in April 2014. It was up to date on payments at the time of the sale. The company has $3 million in cash and no debt. It recently closed a $1.84-million private placement. Shares of Rockcliff are trading at 14¢ with a 52-week range of 7¢ to 33¢. The company has a $10-million market capitalization. TNM

The name “Havilah” is a reference to a phrase from the second book of Genesis: “And a river went out of Eden to water the garden. And from thence it was parted, and became into four heads. The name of the first is Pison: that is it which compasseth the whole land of Havilah, where there is gold.”

the Reed high-grade copper mine, which hit commercial production in early 2014; processing facilities in Flin Flon, including a concentrator and state-of-theart zinc plant; and in Snow Lake, a refurbished concentrator to process Lalor ore.

777 offset by lower output at Lalor and Reed.

PRAIRIE SNAPSHOT SNAPSHOT From 11 Mining Person of the Year Award for 2013. The current resource estimate, filed in February 2018, stands at 2.19 million indicated tonnes grading 1.82% U 3O 8 for 87.8 million lb. U 3O 8 (including a high-grade zone of 119,000 tonnes at 18.39% U 3O 8) plus another 1.3 million inferred tonnes at 1.80% U 3O 8 for 53 million lb. U 3O 8. HAVILAH MINING Toronto-based Havilah Mining (TSXV: HMC; US-OTC: HAVXF) is the spinoff company that resulted from Hecla Mining’s early 2018 takeover of Klondex Mines, with public trading in Havilah stock beginning in July. Hecla wanted Klondex’s gold mines and exploration assets in Nevada, and spun out Klondex’s Canadian

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gold assets as Havilah. As part of the Klondex transaction, Hecla subscribed for 3.54 million Havilah shares in a private placement priced at $2.61 per share for a gross purchase price of $9.2 million, resulting in Hecla owning 13.46% of Havilah’s shares. Led by chairman and interim president and CEO Blair Schultz, Havilah’s most advanced asset is the True North gold mine and mill complex in Bissett, Manitoba. Klondex put True North on care and maintenance three years ago, after the mine produced 390,000 oz. gold between 2005 and 2015. Since first production in 1931, the mine has intermittently produced 1.5 million oz. gold in total. Havilah continues to reprocess tailings at the site to generate some cash flow.

HUDBAY MINERALS Hudbay Minerals (TSX: HBM; NYSE: HBM) has a dominant presence in Manitoba’s base metals sub-sector, having operated in the Flin Flon greenstone belt for over 85 years, and mining over 145 million tonnes of ore during that time. Its Canadian operations are in Flin Flon and Snow Lake: the 777 zinccopper-gold-silver mine, which began commercial production in 2004 and will continue until 2020; the Lalor zinc-copper-gold-silver mine, which achieved commercial production in third-quarter 2014;

During the third quarter of 2018, the Manitoba operations produced 26,228 tonnes zinc, 7,506 tonnes copper and 26,118 oz. goldequivalent precious metals. Zinc production fell 28% compared to the same period in 2017, as a result of lower grades at Lalor and 777, in line with the mine plan. The Reed mine closure in August affected contained copper production, with performance dropping, compared to the third quarter of 2017. Hudbay says ore mined at its Manitoba operations during the third quarter of 2018 fell 15% compared to the same period in 2017, with higher production at

ROUGHRIDER EXPLORATION Based in Vancouver, Roughrider Exploration (TSXV: REL) describes itself as an exploration-stage uranium company focused on the Genesis project in Saskatchewan that it has optioned from Kivalliq Energy, where it finished a first phase of fieldwork in preparation for follow-up efforts. Roughrider’s leadership includes chairman Dale Wallster, who was “responsible for discovering the 2006 Roughrider Deposit in Saskatchewan on behalf of Hathor Exploration, who were eventually purchased by Rio Tinto Group for $650 Million.” In September, Roughrider closed a $439,000 private placement, with funds earmarked for working capital purposes. TNM

2018-11-06 7:50 PM


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WWW.NORTHERNMINER.COM

NOVEMBER 12–25, 2018 / THE NORTHERN MINER

A driller at Almaden Minerals’ Ixtaca gold-silver project in Mexico.   ALMADEN MINERALS

Almaden nears feasibility at Ixtaca in Mexico ALMADEN From 1

veins branch and reconnect. They form irregular, limestone blobs that dilute the overall grade. But at a US$1,250 per oz. gold price and US$18 per oz. silver price, the project has 65.1 million proven

and probable tonnes at a diluted grade of 0.62 gram gold per tonne and 37.7 grams silver per tonne, for 1.29 million oz. gold and 78.82 million oz. silver. “A lot of times you see the deposited characterized as a gold deposit,” Poliquin says. “But it really

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is a precious metals deposit. When you look at it from the gold point of view it’s a nice deposit, but from a silver point of view, it’s a top-tier project.” The company plans to recover the silver and gold on-site using gravity and f lotation to create a concentrate it will leach into doré. The company has run ore-sorting tests on a 2.2-tonne bulk sample that it says rejected 36% of the sample mass, increasing gold and silver mill feed grades by 39% and 47%. It plans to include more tests in a forthcoming feasibility study. To date, Almaden has drilled 160,000 metres at Ixtaca. It published a preliminary economic assessment in 2013 and a prefeasibility study (PFS) in May 2017. The PFS outlined a US$310-million, after-tax net present value at a 5% discount rate and a 41% after tax internal rate of return. The project would cost an initial US$117 million with payback in 2.2 years. It has a 14-year mine life. According to the study, Ixtaca could produce an average 78,100 oz. gold and 5.29 million oz. silver per year at a US$862 per oz. gold equivalent all-in sustaining cost. In total, it could produce 1.04 million oz. gold and 70.93 million oz. silver. It has a 5-to-1, life-of-mine strip ratio, with more than 50% coming after year six. “It’s been a challenging market to be taking something from initial discovery all the way to where we are now, but that’s what we’ve been able to do,” Poliquin says. He says the company’s instinct was to look for opportunities in a bad market. That’s how it ended up owning the mill NovaGold Resources (TSX: NG; NYSE-AM: NG) built in Nome, Alaska, for its now-defunct Rock Creek gold mine. “The Rock Creek mill is represen-

“WHEN YOU LOOK AT IT FROM THE GOLD POINT OF VIEW IT’S A NICE DEPOSIT, BUT FROM A SILVER POINT OF VIEW, IT’S A TOP-TIER PROJECT.” MORGAN POLIQUIN PRESIDENT AND CEO, ALMADEN MINERALS

tative of what can be done in a bad market,” Morgan says. “That plant was built as part of a $250-million capital expenditure to build the Rock Creek mine.” The mill operated in 2008 from September to November before financial woes forced NovaGold to shut down its mine and put its mill on care and maintenance. Almaden agreed to buy the mill in 2015 for US$6.5 million and 400,000 shares, and closed the deal in early October 2018. It recently finished dismantling and boxing the mill, and plans to ship it to Mexico in 2019. In May 2017, the company announced drill results from a zone, 1.2 km southwest from the main Ixtaca deposit, called Tano. The company hit 0.36 gram gold and 22.8 grams silver over 29 metres from 189 metres downhole and 0.83 gram gold and 2.3 grams silver over 89 metres from 154 metres downhole. “We do clearly have the makings of resource expansion and satellite deposits,” Morgan says. “This is a brand-new district. The blue sky is clearly there. At the same time we’re very fortunate with our geography.

There are no obvious impediments to development.” The project lies in a hilly area that has already been cleared of trees. Paved roads reach 2 km from the deposit, with a highway most of the way from Mexico City. A few people live nearby, but there are no towns or villages. A dispersed community called Santa Maria is located a few kilometres away. It’s where Almaden houses its office and hires most of its drillers. “We wanted to be a model of local outreach,” Poliquin says. “Virtually all of our drillers come from local communities.” He says the company is finished with fieldwork at Ixtaca — for now — and crunching numbers for a feasibility study it could table by year-end. At the same time, it’s preparing to submit its full environmental permits for the project. Poliquin says the permitting process in Mexico typically takes six months. Shares of Almaden are trading at 69¢ with a 52-week range of 63¢ to $1.35. The company has a $76-million market capitalization. TNM

2018-11-06 7:50 PM


GLOBAL MINING NEWS

THE NORTHERN MINER / NOVEMBER 12–25, 2018

15

Amarillo improves economics of Mara Rosa in Brazil BRAZIL  

| Cuts US$25M from anticipated capex, aims for construction in 2020

BY RICHARD QUARISA

A

rquarisa@northernminer.com

marillo Gold (TSXV: AGC; US-OTC: AGCBF) recently tabled an updated prefeasibility study (PFS) for the Posse gold deposit on its 100%-owned Mara Rosa gold project in Goias state, Brazil. The study raises the project’s after-tax net present value (NPV) and after-tax internal rate of return (IRR), while lowering its initial capital expense. The previous PFS in 2017 outlined a US$223-million, after-tax NPV at a 5% discount rate, 42% after-tax IRR and US$148-million initial capital expense. The latest PFS assigns the project a US$244-million, after-tax NPV at a 5% discount rate, 51% IRR and US$123-million initial capital expense. Both studies base these numbers on a US$1,300 gold price. The company recently helped kick off Red Cloud Klondike Strike’s 2018 Fall Mining showcase by presenting at the Omni King Edward hotel in downtown Toronto. Amarillo CEO Mike Mutchler discussed the company’s ongoing 10,000-metre drill campaign at Mara Rosa. Amarillo is drilling the south end of the pit, focused on converting its 300,000 oz. inferred gold into the measured and indicated categories to include in a feasibility study in the first half of 2019. The project has 31 million measured and indicated tonnes grading 1.3 grams gold per tonne for 1.27 million oz. gold and 11 million inferred tonnes at 0.92 gram gold for 330,000 oz. gold. That includes an in-pit, 23.8 million proven and probable tonnes grading 1.42 grams gold for 1.08 million oz. gold. At a 90.6% recovery rate, the company says it could produce 985,000 oz. gold. The deposit is open for expansion along strike and down dip, and the company intends to use part of its drill campaign on a few step-out holes. The company’s property offers expansion potential across its

The South Pit at Amarillo Gold’s Posse gold deposit in Brazil.   AMARILLO GOLD

625 sq. km of exploration permits. “We see a nice, high-grade zone that potentially we’d be able to chase underground with a future underground mine,” Mutchler said during his presentation. Amarillo wants to start building an open-pit mine at Mara Rosa by 2020’s second quarter, with commercial production in mid 2021. It achieved its first major permitting milestone in 2016. After holding a public meeting to discuss the project, the Brazilian government approved its preliminary licence. Roughly 600 of the 5,000-person village of Mara Rosa residents attended the meeting, giving what the company calls “overwhelming”

Drillers at Amarillo Gold’s Mara Rosa gold property in Goias state, Brazil.   AMARILLO GOLD

1-16, 23_NOV12_Main .indd 15

support. “One person complained — a farmer, who said he’d have to pay his workers more,” Mutchler said. “This is a complaint we like, because it means we’re raising the standard of living.” The company is now trying to get an installation licence that would authorize it to begin construction and eventually commission. It intends to apply for the licence in late 2019 after completing its feasibility study. According to the latest PFS, the project would produce 123,000 oz. gold per year over an eight-year mine life. It would produce a little more during the first four years, when it would average 144,000 oz. gold per

“IT’S A VERY GOOD TIME TO HAVE YOUR COSTING IN BRAZILIAN REAL AND YOUR PAYABLE PRODUCT IN U.S. DOLLARS.” MIKE MUTCHLER CEO, AMARILLO GOLD

year. It would require US$17 million in sustaining capital to fund a US$655 per oz. gold all-in sustaining cost. The company expects pay back in 2.3 years. “It’s a very good time to have your costing in Brazilian real and your payable product in U.S. dollars,” Mutchler said. One U.S. dollar is worth 3.68

Brazilian real. The country has just wrapped up a contentious presidential election that saw probusiness candidate Jair Bolsonaro assume office. The company plans to use proceeds from Mara Rosa to explore its Lavras do Sul gold project in Brazil’s southern state of Rio Grande do Sul, where Amarillo is investigating 22 targets along a 100 km trend. The 220 sq. km property contains 6.4 million indicated tonnes grading 1.5 grams gold for 215,000 oz. gold and 12.9 million inferred tonnes at 0.74 gram gold for 308,000 oz. gold, all on its Butia gold target. Amarillo paid Rio Tinto (LON: RIO) US$1.26 million over several installments to acquire a 60% interest in the property at the end of January 2008. In optioning the property, Amarillo assumed Rio Tinto’s position in its underlying option agreement with the mineral rights holder. Rio Tinto has a backin agreement to acquire 70% of the project by paying Amarillo three times its exploration spending, if it can amass more than 7 million payable oz. gold. Amarillo drilled three holes into the project’s Butia zone in December 2006, cutting as much as 157 metres from surface of 1.05 grams gold. The company is performing ongoing soil sampling and geological mapping across several properties at Lavras do Sul, and conducting airborne magnetic surveys on its Butia, Caneleira and Zeca Souza targets. Shares of Amarillo Gold are trading at 29¢ in a 52-week range of 19¢ to 42¢. The company has a $30-million market capitalization, with just over 114 million shares outstanding. It has $4.9 million in cash and no debt. Institutional investors own 46% of the company. TNM

2018-11-06 7:50 PM


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WWW.NORTHERNMINER.COM

NOVEMBER 12–25, 2018 / THE NORTHERN MINER

Geologists at Medgold Resources and Fortuna Silver Mines’ Tlamino gold project in southeast Serbia.   MEDGOLD RESOURCES

Medgold hunts for gold in Serbia with Fortuna Silver EXPLORATION  

| 5,000-metre drill campaign nears completion “WE THOUGHT THAT THERE WAS AN OPPORTUNITY TO COME INTO SERBIA USING THE LEAD-ZINC MINERALIZATION AS A BIT OF A VECTOR.”

BY RICHARD QUARISA rquarisa@northernminer.com

M

edgold Resources (TSXV: MED; US-OTC: MGLDF) is wrapping up a nearly 5,000-metre exploration program at its Tlamino gold-silver-lead-zinc project in southern Serbia that partner Fortuna Silver Mines (TSX: FVI; NYSE: FSM) is funding. Fortuna extended the 2,400-metre program based on early results, including 13.4 metres from 42 metres downhole grading 5.06 grams gold, 109 grams silver, 1.44% lead and 2.85% zinc. The two companies also cut 38.2 metres from 19.8 metres grading 3.98 grams gold, 158 grams silver, 0.21% lead and 0.45% zinc, with a 6.9-metre interval from 48.2 metres downhole at 13.49 grams gold and 788 grams silver. Medgold shifted its focus to Serbia in 2016 after spending a few years and €4 million looking for gold in Portugal. It found some, but not enough, working with Centerra Gold (TSX: CG; US-OTC: CAGDF) on two projects — Boticas-Chaves — that never became economic. “If something’s not working you have to be able to stand up and say it’s not working,” Medgold president Daniel James says in an interview with The Northern Miner. Medgold generated projects in Serbia using historical work done in the 1950s by Yugoslavian state companies as a guide. James says those companies had performed quality mapping and mineral exploration, assaying for nearly everything except gold. “We thought that there was an opportunity to come into Serbia using the lead-zinc mineralization as a bit of a vector,” he says. When Medgold took its own rock-chip samples, the first three all graded higher than 10 grams gold, with one in the 30s and one in the 20s. Medgold carried out channel sampling, induced-polarization geophysical surveying and mapping, and determined the mineralization is flat lying. That discovery outcrop later became the Tlamino gold project. At the same time, the company formed a strategic alliance with

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DANIEL JAMES PRESIDENT, MEDGOLD RESOURCES

Workers at Medgold Resources and Fortuna Silver Mines’ Tlamino gold project in southeast Serbia.   MEDGOLD RESOURCES

Fortuna. Both companies share a chairman, Simon Ridgway, who is also Medgold’s CEO. Fortuna invested $3 million in Medgold across two $1.5-million installments to own nearly 24% of the company. It then entered an option agreement in March 2017 that grants it the right to earn a 70% interest in Tlamino by spending US$8 million on the project, and completing a preliminary economic assessment. It can earn a 51% interest in the project by spending US$3 million over three years. Exploration at Tlamino now operates under a three-person technical committee. Fortuna holds two seats on the committee, while Medgold does everything on the ground. Dundee Precious Metals (TSX: DPM; US-OTC: DPMLF) had explored the area previously, digging

a few trenches and drilling a couple holes. It dropped the project after failing to hit mineralization at depth. “The reason they didn’t is because it’s flat lying,” James says. “They then walked away in about 2007–2008, and we were able to see the drill core and reinterpret that, and appreciated that it was flat lying.” Medgold says it has found a large, intermediate-sulphidation epithermal system. It lies flat up to 100 metres thick. Medgold is focused on a higher-grade zone it says is up to 30 metres thick. This year Medgold and Fortuna have drilled a little over 4,000 metres at Tlamino. Medgold completed its initial drill campaign at the project’s Barje zone between May and July 2018, drilling seven holes. Phase two began in late July. With four holes left in the pro-

gram, the two companies will stop just shy of 5,000 metres in November, when snowy weather conditions end their field season. Medgold says it intends to come back in April and continue drilling. Right now the companies are drilling two holes in the Liska zone, just south of Barje. Liska lies in the same mineralization zone as Barje, but is much more lead-zinc rich — which doesn’t come as a surprise, considering the Yugoslavian explorers reported it as one of the region’s lead-zinc occurrences. Still, James says Medgold may be part of the same gold system as Barje. Although it focused on Tlamino mid-year, Medgold also collected 1,000 soil samples from its Ljubata gold project, 30 km northwest, and on the other side of a mountain range.

Ljubata is made up of three exploration licences that total 300 square kilometres. Two exploration licences comprise the Tlamino, Donje Tlamino and Surlica-Dukat projects. Both are 100 square kilometres. Donje Tlamino hosts Barje and Liska. The five exploration licences cover 500 sq. km of an area called the “Crnook Dome” in the SerboMacedonian Massif belt of metamorphic rocks that run north to south through Serbia and into Macedonia, Bulgaria and Greece. The company is following the same detachment structure — a ring around the Crnook Dome — from the Barje zone, 8 km west to its Karamanica zone, then north in a clockwise motion to Ljubata West, followed by Ljubata North. The company is carrying out a geophysical survey on Karamanica as part of a 40 km program. It has taken rock-chip samples as well and says the 2 km by 2 km soil anomaly indicates a high-angle zone of polymetallic mineralization. The leases are located near the borders of Bulgaria and Macedonia, five hours south of the capital, Belgrade, and close to the town of Bosilegrad. Shares of Medgold are trading at 29¢ in a 52-week range of 14¢ to 51¢. The company has a $26-million market capitalization. It’s proposing a $1-million private placement to raise money to explore Ljubata. “By the middle of next year we should have a good idea of what we’re dealing with,” James says. TNM

2018-11-06 7:50 PM


GLOBAL MINING NEWS

THE NORTHERN MINER / NOVEMBER 12–25, 2018

17

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2018-11-05 4:20 PM


18

WWW.NORTHERNMINER.COM

NOVEMEBER 12–25, 2018 / THE NORTHERN MINER

M A R K E T N EWS TORONTO STOCK EXCHANGE / OCTOBER 29–NOVEMBER 2 After falling as low as 14,639.70 in October 2018, Canada’s benchmark index rebounded to end the trading week up 1.55% to 15,119.28. The S&P/TSX Global Mining Index rose 5.9% to 65.73 and the S&P/TSX Global Gold Index rose 3.1% to 166.28. The gold price fell 0.04% to US$1,232.20. Shares of Mason Resources rose 146% to 40¢ on news that Hudbay Minerals would acquire the other 86% of its shares. At 40¢ per share, the deal values Mason at $31 million. Hudbay will focus on developing Mason’s Ann Mason copper project in Nevada’s Yerington district. As of a March 2017 preliminary economic assessment, Ann Mason has 1.4 billion measured and indicated tonnes grading 0.32% copper, 0.006% molybdenum, 0.03 gram gold and 0.65 gram silver for 9.89 billion lb. copper, 186.6 million lb. molybdenum, 1.33 million oz. gold and 29.46 million oz. silver. It also has 623 million inferred tonnes grading 0.29% copper, 0.007% molybdenum, 0.03 gram gold and 0.66 gram silver for 3.98 billion lb. copper, 96.2 million lb. molybdenum, 580,000 oz. gold and 13.16 million oz. silver. In September, the company agreed to a seven-year option to buy up to 33 sq. km per year of primary groundwater rights, 6 km southwest of Ann Mason. The land is allocated for agricultural use. Mason needs mining-use approval from the Nevada Divi-

sion of Water Resources. Shares of Platinum Group Metals rose 32% to 25¢. The company recently increased measured and indicated resources at its Waterberg platinum group elements project in South Africa by 1.46 million oz. 4E platinum group metals. The project now has 242.5 million measured and indicated tonnes grading 0.98 gram platinum, 2.13 grams palladium, 0.05 gram rhodium and 0.22 gram gold, or 3.38 grams 4E, for 26.3 million oz. 4E. The company also boosted the grade at the project’s T-zone from 3.88 grams 4E to 4.51 grams 4E. The company says it will include its latest resource in the forthcoming definitive feasibility study. The study will consider two underground bulk-mining options: one at 600,000 tonnes per month, and another at TSX MOST ACTIVE ISSUES

Suncor Energy Goldcorp Royal Nickel Barrick Gold First Quantum Lundin Mng Guyana Gldflds Mega Uranium Trevali Mng Nemaska Lith

VOLUME WEEK (000s) HIGH LOW CLOSE CHANGE

SU G RNX ABX FM LUN GUY MGA TV NMX

26132 44.99 43.12 44.08 - 0.28 25764 12.71 11.32 12.65 + 1.07 25255 0.70 0.56 0.64 - 0.06 24075 17.60 16.18 17.28 + 0.44 23432 14.20 10.81 13.49 + 1.79 17762 6.20 5.09 5.80 + 0.55 17366 3.11 1.29 1.76 - 1.31 16511 0.13 0.11 0.12 unch 0.00 15512 0.56 0.47 0.55 + 0.03 15340 0.82 0.71 0.80 + 0.06

250,000 to 350,000 tonnes per month. Shares of Guyana Goldfields fell 43% to $1.76, after the company lowered the 2018 production guidance for its Aurora gold mine in northern Guyana from 175,000 to 185,000 oz. gold to 150,000 to 155,000 oz. gold. It was the second time the company lowered its production guidance this year. In July it dropped its guidance from 190,000 to 210,000 oz. gold.

The company also increased its cost of sales and all-in sustaining costs from US$850 to US$900 and US$830 to US$880 per oz. gold to US$1,030 to US$1,055 and US$1,025 to US$1,050 per oz. gold. The company blamed lower-than-anticipated head grades for its issues. It is reviewing its underlying resource model, and expects to incorporate the results of the review into its 2019 guidance and annual reserve and resource update. TNM

TSX GREATEST PERCENTAGE CHANGE

Mason Res Belo Sun Mng HudBay Mnls St Augustine Platinum Gp Mt Silver Bull Re Anglo Pac Grp Laramide Res Potash Ridge Goldgroup Mng Guyana Gldflds Freegold Vent Red Eagle Mng NorZinc Yorbeau Res Horizonte Mnls Karnalyte Res Aquila Res Eastmain Res Golden Star

MNR BSX HBM SAU PTM SVB APY LAM SOP GGA GUY FVL R NZC YRB HZM KRN AQA ER GSC

7946 3742 14455 346 1848 1142 3 1639 5105 279 17366 398 4101 659 3238 229 124 733 889 294

0.40 0.33 6.71 0.03 0.25 0.15 2.74 0.49 0.05 0.06 3.11 0.12 0.05 0.11 0.04 0.06 0.28 0.21 0.18 4.83

0.16 0.21 4.51 0.00 0.19 0.12 2.15 0.39 0.03 0.05 1.29 0.07 0.03 0.08 0.02 0.05 0.23 0.15 0.14 0.89

0.40 0.29 6.62 0.02 0.25 0.15 2.73 0.49 0.05 0.06 1.76 0.08 0.03 0.09 0.03 0.05 0.24 0.17 0.15 4.10

TSX GREATEST VALUE CHANGE

VOLUME WEEK (000s) HIGH LOW CLOSE CHANGE

Nutrien Franco-Nevada Teck Res Teck Res Agnico Eagle Nexa Resources First Quantum HudBay Mnls Labrador Iron Goldcorp Guyana Gldflds Endeavour Mng Golden Star Alamos Gold Torex Gold Seabridge Gld Suncor Energy McEwen Mng Maya Gold &Sil Gold Std Vents

+ 146.9 + 39.0 + 33.7 + 33.3 + 32.4 + 30.4 + 27.0 + 25.6 + 25.0 + 22.2 - 42.7 - 33.3 - 33.3 - 19.0 - 16.7 - 16.7 - 16.1 - 15.4 - 14.7 - 14.6

VOLUME WEEK (000s) CLOSE CHANGE

NTR FNV TECK.B TECK.A AEM NEXA FM HBM LIF G GUY EDV GSC AGI TXG SEA SU MUX MYA GSV

9879 72.36 3008 85.50 11106 27.90 17 27.89 6464 48.83 18 17.07 23432 13.49 14455 6.62 1401 28.50 25764 12.65 17366 1.76 1108 19.80 294 4.10 6048 5.08 1161 11.99 408 16.93 26132 44.08 510 2.57 12 2.43 494 1.85

+ 4.70 + 4.17 + 3.10 + 2.99 + 2.77 + 2.37 + 1.79 + 1.67 + 1.11 + 1.07 - 1.31 - 1.06 - 0.70 - 0.63 - 0.37 - 0.37 - 0.28 - 0.24 - 0.19 - 0.19

TSX VENTURE EXCHANGE / OCTOBER 29–NOVEMBER 2 Shares of Cantex Mine Development soared 389% on drill results from its North Rackla silver-lead-zinc project in Yukon. The company had drilled nine holes on the project’s massive Sulphide zone, four from the Discovery zone and five from the Extension zone, 1.7 km southwest. Highlights from the Discovery zone include 8 metres from 16 metres downhole grading 27.05 grams silver per tonne, 2.53% lead and 3.72% zinc, as well as 12 metres from 1 metre downhole at 18.75 grams silver, 2.27% lead and 7.36% zinc. The company drilled beneath strongly weathered mineralization in the Extension zone and cut fresh sulphide mineralization. Highlights from the Extension zone are provisional but include 13 metres from 100 metres downhole grading 150.6 grams silver, 7.85% lead and 15.86% zinc, as well as 9 metres from 124 metres downhole at 67.2 grams silver, 5.37% lead and 9.87% zinc. Shares of Candelaria Mining rose 28¢ to 66¢. The company recently filed a preliminary economic assessment for its 60%-owned Pinos gold project in Zacatecas, Mexico. The study outlines a US$12-million, after-tax net present value at a 5% discount rate, and a 25% after-tax internal rate of return. The project costs US$13.5 million in initial

capital and US$9.2 million in sustaining capital over a seven-year mine life. It would process 791,000 tonnes at 3.34 grams gold and 51 grams silver to produce 75,000 oz. gold and 995,000 oz. silver, or 12,700 gold equivalent oz. per year. In May 2018, the Mexican government granted Candelaria construction permits for the Pinos project. The project contains 261,500 measured and indicated tonnes grading 3 grams gold and 59.1 grams silver for 25,029 oz. gold and 496,637 oz. silver, as well as 529,000 inferred tonnes grading 3.6 grams gold and 47.7 grams silver for 60,671 oz. gold and 811,082 oz. silver. Shares of Garibaldi Resources fell 34¢ to $1.14, despite drills expanding the Discovery zone northwest and southeast at its Nickel Mountain nickel-copper project in B.C.’s TSX-V MOST ACTIVE ISSUES

VOLUME WEEK (000s) HIGH LOW CLOSE CHANGE

Aldershot Res ALZ 21109 Westhaven Vent WHN 9298 Sun Metals SUNM 7388 Sparton Res SRI 7366 White Metal Rs WHM 7293 Revelo Res RVL 6753 Cobalt Pwr Grp CPO 6190 First Cobalt FCC 6048 Vanadium One VONE 5799 GT Gold GTT 5616

0.18 1.34 0.29 0.12 0.11 0.03 0.04 0.25 0.26 2.15

0.09 0.80 0.22 0.08 0.05 0.01 0.03 0.19 0.17 1.70

0.14 + 0.04 1.06 + 0.12 0.27 + 0.05 0.09 unch 0.00 0.08 + 0.02 0.02 + 0.01 0.04 unch 0.00 0.21 - 0.03 0.19 - 0.04 1.85 + 0.15

Golden Triangle. The results come from two holes that both cut two mineralized zones. Hole 24 intersected 12 metres from 147 metres downhole grading 0.71% nickel and 0.9% copper, plus 10.5 metres from 184 metres downhole grading 3.74% nickel and 1.6% copper. Hole 23 intersected 6 metres from 70 metres downhole grading 6.82% nickel and 3.16%

copper, and 3 metres from 77 metres downhole at 0.69% nickel and 0.43% copper, as well as 24 metres from 126 metres downhole grading 0.52% nickel and 0.62% copper. Both holes also hit cobalt, platinum, palladium, silver and gold mineralization. The company is calling its Discovery zone the first magmatic nickel sulphide system in the Golden Triangle. TNM

TSX-V GREATEST PERCENTAGE CHANGE

Cantex Mn Dev Tasca Res Adex Mining Barker Mnrls Candelaria Mg Colibri Res Yellowhead Mng Edison Cobalt Quadro Res Noble Metal Gr Altan Nev Mnls Troymet Expl Advance Gold Jourdan Res Aura Silver Rs Bluenose Gold Tanzania Mnls Minnova Corp Navy Res RosCan Gold

CD TAC ADE BML CAND CBI YMI EDDY QRO NMG ANE TYE AAX JOR AUU BN.H TZM.H MCI NVY ROS

2052 4306 564 327 355 2796 68 2034 327 131 1185 80 827 472 895 111 31 641 50 11

1.10 0.09 0.01 0.01 0.69 0.06 0.20 0.13 0.06 0.02 0.02 0.01 0.15 0.05 0.02 0.14 0.23 0.69 0.15 0.06

0.30 0.00 0.01 0.01 0.38 0.03 0.11 0.06 0.04 0.01 0.02 0.01 0.08 0.03 0.01 0.14 0.16 0.43 0.15 0.06

0.88 0.08 0.01 0.01 0.66 0.05 0.20 0.12 0.06 0.02 0.02 0.01 0.09 0.04 0.01 0.14 0.16 0.44 0.15 0.06

TSX-V GREATEST VALUE CHANGE

VOLUME WEEK (000s) HIGH LOW CLOSE CHANGE

+ 388.9 + 100.0 + 100.0 + 100.0 + 73.7 + 66.7 + 66.7 + 60.0 + 57.1 + 50.0 - 50.0 - 50.0 - 34.6 - 33.3 - 33.3 - 33.3 - 32.6 - 32.3 - 31.8 - 31.3

VOLUME WEEK (000s) CLOSE CHANGE

Cantex Mn Dev Great Bear Res SilverCrest Mt Candelaria Mg Till Capital Millennial Lit McChip Res GT Gold Bear Creek Mng Westhaven Vent Abitibi Royalt Garibaldi Res Novo Res First Vanadium Aurion Res Hut 8 Mining Minnova Corp Sailfish Rylty Gunpoint Expl Calibre Mng

CD GBR SIL CAND TIL ML MCS GTT BCM WHN RZZ GGI NVO FVAN AU HUT MCI FISH GUN CXB

2052 853 696 355 4 304 61 5616 107 9298 19 2144 1056 771 227 176 641 19 13 4661

0.88 3.22 3.75 0.66 2.31 1.69 0.83 1.85 1.39 1.06 8.89 1.14 2.02 1.26 1.35 2.69 0.44 1.30 0.41 0.39

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

0.70 0.39 0.31 0.28 0.21 0.18 0.17 0.15 0.14 0.12 0.78 0.34 0.24 0.23 0.22 0.21 0.21 0.18 0.13 0.12

U.S. MARKETS / OCTOBER 29–NOVEMBER 2 The Dow Jones Industrial Average rose 2.36% to 25,270.83 and the S&P 500 Index increased 2.42% to 2,723.06. New York spot gold fell US60¢ to finish at US$1,232.20 per oz., with London Metal Exchange zinc down 3.5% to US$1.18 per lb., nickel off 2.9% at US$5.32 per lb., and copper sliding 2.4% to US$2.77 per pound. Third-quarter results pushed Intrepid Potash shares up 20.8% to US$4 per share. The company reported net income of US$3.4 million, or US3¢ per share, in the three months ended Sept. 30, compared to a US$1.9-million net loss for third-quarter 2017, or US2¢ per share. Cash flow from operations totalled US$14.8 million — a year-on-year increase of US$12.2 million. The company’s water business delivered a record US$9.7 million in cash during the quarter. Intrepid is raising its previous 2018 water guidance to up to US$35 million in cash. Shares of Turquoise Hill Resources rose 16.8% to US$1.95. The company updated its copper production guidance for the year for its Oyu Tolgoi open-pit mine in Mongolia from between 125,000 and 155,000 tonnes copper-in-concentrate to between 140,000 and 155,000 tonnes copper-in-concentrate. The company’s guidance for gold-in-concentrate is

18_NOV12_MarketNews.indd 18

the same, at between 240,000 and 280,000 oz. gold. Turquoise Hill also updated its guidance for 2018 operating cash costs, from US$700 million to US$800 million. Nearly half of the increase owes to higher freight and royalty costs from higher sales revenue and lower costs, capitalized as deferred stripping, after mining resources prioritized ore movement during the year. Oyu Tolgoi produced 39,400 tonnes copper during the third quarter — up 6.8%, compared with the year-earlier quarter — with higher grades and recoveries partly offset by lower throughput. The mine produced 77,000 oz. gold for a 148% year-on-year U.S. MOST ACTIVE ISSUES

VOLUME WEEK (000s) HIGH LOW CLOSE CHANGE

Vale* VALE 134484 15.92 14.10 15.45 + 0.38 Freeport McMoR* FCX 113063 12.69 10.95 12.24 + 0.74 Barrick Gold* ABX 86722 13.45 12.32 13.17 + 0.32 Kinross Gold* KGC 76254 2.82 2.57 2.75 + 0.11 Yamana Gold* AUY 75045 2.43 2.23 2.36 + 0.03 Goldcorp* GG 74567 9.71 8.62 9.63 + 0.79 Turquoise HIl* TRQ 45440 2.06 1.60 1.95 + 0.28 Cleveland-Clif* CLF 44275 10.97 9.61 10.73 + 0.64 Chevron Corp* CVX 43791 117.11 107.54 114.73 + 3.20 United States S* X 41482 29.10 24.84 27.97 + 2.22

increase. All-in sustaining costs came in at US$2.29 per lb. copper produced, down 17% from third-quarter 2017. Lithium Americas’ shares gained 15% to US$4.15, after a deal with China’s Ganfeng Lithium and Sociedad Quimica y Minera de

Chile (SQM). Ganfeng Lithium has acquired SQM’s 37.5% stake in the Cauchari-Olaroz lithium project in Argentina. Lithium Americas owns the other 62.5%. Ganfeng has loaned Lithium Americas US$100-million to fully fund its share of capex for the project. TNM

U.S. GREATEST PERCENTAGE CHANGE

HudBay Mnls* NACCO Ind* Intrepid Pots* Turquoise HIl* Nexa Resources* Lithium Amer* MartinMarietta* Teck Res* CONSOL Energy* Vedanta* Trecora Res* Alamos Gold* Sibanye-Stillw* McEwen Mng* Cloud Peak En* Eldorado Gold* DRDGOLD* Harmony Gold* CONSOL Energy* Seabridge Gld*

HBM NC IPI TRQ NEXA LAC MLM TECK CNX VEDL TREC AGI SBGL MUX CLD EGO DRD HMY CEIX SA

VOLUME WEEK (000s) HIGH LOW CLOSE CHANGE

5377 5.13 3.44 5.05 + 34.0 51 36.45 29.00 36.00 + 23.9 6863 4.20 3.25 4.00 + 20.8 45440 2.06 1.60 1.95 + 16.8 685 13.11 10.79 13.03 + 15.3 1861 4.20 3.04 4.15 + 15.0 8707 178.14 151.90 177.43 + 13.2 21553 21.91 18.32 21.23 + 12.3 23848 16.09 12.81 14.86 + 9.7 3514 12.47 10.89 12.06 + 8.9 268 11.60 9.66 9.75 - 15.2 12183 4.41 3.74 3.87 - 11.0 19244 2.94 2.50 2.55 - 10.8 13492 2.19 1.95 1.96 - 8.0 3120 1.87 1.63 1.76 - 6.9 28142 0.78 0.65 0.72 - 6.5 248 2.68 2.34 2.46 - 5.4 14754 2.02 1.83 1.87 - 4.6 2490 40.64 35.89 38.22 - 2.9 2120 13.33 12.50 12.87 - 2.4

U.S. GREATEST VALUE CHANGE

MartinMarietta* MLM NACCO Ind* NC Nutrien* NTR Southern Copp* SCCO Chevron Corp* CVX Franco-Nevada* FNV Rio Tinto* RIO AA Alcoa* Newmont Mng* NEM Teck Res* TECK Trecora Res* TREC CONSOL Energy* CEIX Black Hills* BKH Peabody Enrgy* BTU Alamos Gold* AGI Seabridge Gld* SA Suncor Energy* SU Sibanye-Stillw* SBGL McEwen Mng* MUX DRDGOLD* DRD

VOLUME WEEK (000s) CLOSE CHANGE

8707 177.43 51 36.00 8011 55.17 6437 40.61 43791 114.73 3200 65.18 15193 50.82 13231 36.93 32285 32.42 21553 21.23 268 9.75 2490 38.22 2672 60.31 6666 34.48 12183 3.87 2120 12.87 23569 33.56 19244 2.55 13492 1.96 248 2.46

+ 20.70 + 6.95 + 3.47 + 3.21 + 3.20 + 3.08 + 3.00 + 2.68 + 2.42 + 2.32 - 1.75 - 1.15 - 0.68 - 0.52 - 0.48 - 0.32 - 0.32 - 0.31 - 0.17 - 0.14

2018-11-06 7:28 PM


GLOBAL MINING NEWS · SINCE 1915

THE NORTHERN MINER / NOVEMBER 12–25, 2018

19

M E TA L S , M I N I N G A N D M O N EY M A R K E T S Tuesday, November 6, 2018 Precious Metals Price (US$/oz.) Change Gold $1231.60 +0.80 Silver $14.70 +0.10 Platinum $869.00 +37.00 Palladium $1122.00 +19.00 Base Metals Nickel Copper Lead Zinc

TSX WARRANTS

PRODUCER AND DEALER PRICES

SPOT PRICES COURTESY OF SCOTIABANK

Price (US$/tonne) Change $11800.00 +50.00 $6147.50 -41.50 $1911.50 -23.00 $2487.50 -31.50

LME WAREHOUSE LEVELS Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Novembet 2, 2018 (change from October 26, 2018 in brackets): Aluminium Alloy 13460 (-100) Aluminium 1051425 (+2250) Copper 180375 (+34025) Lead 112675 (+800) Nickel 218772 (-684) Tin 3155 (+180) Zinc 142725 (-12500)

Thermal Coal CAPP: US$40.00 per short ton Coal: Central Appalachia, 12,500 Btu, 1.2 S02-R,W: US$78.95 Coal: Powder River Basin, 8,800 Btu, 0.8 S02-R, W: US$12.03 Cobalt: US$21.21/lb. Copper: US$2.83/lb. Copper: CME Group Futures Dec. 2018: US$2.73/lb.; Jan. 2019: US$2.74/lb Iridium: NY Dealer Mid-mkt US$1,480.00/tr oz. Iron Ore 62% Fe CFR China-S: n.a. Lead: US$0.88/lb. Lithium carbonate min 99.5% Li2CO3 battery grade, spot prices CIF China, Japan & Korea : US$13.5-15.5/kg Lithium hydroxide monohydrate min 56.5% LiOH.H2O battery grade, spot prices cif China, Japan & Korea: US$16-18/kg Magnesium: n.a. Manganese Ore Index 37% Mn, cif Tianjin China: US$6.76 per dmtu of metal contained. Molybdenum Oxide: US$11.79/lb. Phosphate Rock: US$86.00/tonne Potash: US$226.00/tonne Rhodium: Mid-mkt US$2,425.00 tr. oz. Ruthenium: Mid-mkt US$270.00/tr. oz. Silver: Handy & Harman Base: US$14.64 per oz.; Handy & Harman Fabricated: US$18.30 per oz. Spodumene min 7-7.5% Li20, CIF China, US$975-1050 per tonne. Tantalite Ore : US$186.50/kg Tin: US$8.65/lb. Uranium: U3O8, Trade Tech spot price: US$28.00 per lb U308 Zinc: US$1.16/lb. Prices current Nov. 6, 2018

NORTH AMERICAN STOCK EXCHANGE INDICES

52-week

Index Nov 2 Nov 1 Oct 31 Oct 30 Oct 29 High Low S&P/TSX Composite 15119.28 15150.15 15027.28 14894.50 14721.75 15527.30 12400.15 S&P/TSXV Composite 651.35 644.95 641.36 627.46 630.18 1050.26 883.52 S&P/TSX 60 900.70 901.32 895.08 888.89 876.61 896.74 709.99 S&P/TSX Global Gold 166.28 166.30 160.22 162.20 161.10 218.90 149.29 DJ Precious Metals 141.71 141.71 135.80 137.74 136.44 420.72 130.95

TSX SHORT POSITIONS

TSX VENTURE SHORT POSITIONS

Short positions outstanding as of Oct 16, 2018 (with changes from Oct 01, 2018) Largest short positions Ivanhoe Mines IVN 14314745 -73019 10/1/2018 Sandstorm Gold SSL 14212968 673621 10/1/2018 Osisko Mng Inc OSK 10654498 894085 10/1/2018 Alacer Gold ASR 8740895 56339 10/1/2018 Barrick Gold ABX 8682152 1884960 10/1/2018 Nemaska Lith NMX 8545480 626715 10/1/2018 Eldorado Gold ELD 7906184 -436870 10/1/2018 New Gold NGD 7611183 203849 10/1/2018 Kinross Gold K 7566223 391927 10/1/2018 Nexgen Energy NXE 7444486 201700 10/1/2018 First Majestic FR 6626512 25950 10/1/2018 Suncor Energy SU 6538667 1456507 10/1/2018 Copper Mtn Mng CMMC 6189859 827285 10/1/2018 Goldcorp G 6023608 319748 10/1/2018 First Quantum FM 5596025 -1591148 10/1/2018 Largest increase in short position ABX 8682152 1884960 10/1/2018 Barrick Gold Suncor Energy SU 6538667 1456507 10/1/2018 Cameco Corp CCO 5402314 1124973 10/1/2018 Tahoe Res THO 4532192 903342 10/1/2018 Osisko Mng Inc OSK 10654498 894085 10/1/2018 Largest decrease in short position Lydian Intl LYD 14034 -5214662 10/1/2018 Wallbridge Mng WM 500 -1986665 10/1/2018 First Quantum FM 5596025 -1591148 10/1/2018 Yamana Gold YRI 5479054 -1012747 10/1/2018 Turquoise HIl TRQ 5577195 -992663 10/1/2018

Short positions outstanding as of Oct 16, 2018 (with changes from Oct 01, 2018) Largest short positions First Cobalt FCC 2348180 209580 10/1/2018 Aldershot Res ALZ 1242267 955553 10/1/2018 ML Gold Corp MLG 1130606 1118606 10/1/2018 Harvest Gold HVG 1110900 93000 10/1/2018 Leeta Gold HIVE 998085 -218015 10/1/2018 Amarillo Gold AGC 729379 -7121 10/1/2018 Cobalt 27 Cap KBLT 712556 -20900 10/1/2018 Aston Bay BAY 710641 704033 10/1/2018 Atlantic Gold AGB 668128 -405472 10/1/2018 Prize Mng PRZ 567982 -479818 10/1/2018 Dajin Res DJI 381700 380600 10/1/2018 Aben Res ABN 380000 237852 10/1/2018 Kootenay Silvr KTN 266700 262300 10/1/2018 Golden Ridge GLDN 254400 218741 10/1/2018 Orla Mng Ltd OLA 234400 224500 10/1/2018 Largest increase in short position ML Gold Corp MLG 1130606 1118606 10/1/2018 Aldershot Res ALZ 1242267 955553 10/1/2018 Aston Bay BAY 710641 704033 10/1/2018 Dajin Res DJI 381700 380600 10/1/2018 Kootenay Silvr KTN 266700 262300 10/1/2018 Largest decrease in short position 1100 -1116301 10/1/2018 Great Atlantic GR Prize Mng PRZ 567982 -479818 10/1/2018 Atlantic Gold AGB 668128 -405472 10/1/2018 IDM Mining IDM 3200 -352800 10/1/2018 Black Dragon BDG 300 -313700 10/1/2018

DAILY METAL PRICES

Alamos Gold (AGI.WT.A) - Wt buys sh @ $10.00 to Jan 7/19 Alio Gold Inc. (ALO.WT) - 10 Warrants to purchase one common share of the Issuer at $7.00 until expiry Alio Gold Inc. J (ALO.WT.A) - One Warrant to purchase one common share of the Issuer at $8.00 until expiry Ascendant Resources (ASND.WT) - Wt buys sh @ $1.25 to Mar 7/22 eColbalt Solutions Inc. J (ECS.WT) - One Warrant to purchase one common share of the Issuer at US$1.95 per share until expiry Excellon Resources Inc (EXN.WT.A) - One warrant to purchase one common share of the Issuer at $2.80 until expiry Golden Queen Mining Co (GQM.WT) Wt buys sh @ $2 to Jul 25/19 Gran Colombia Gold (GCM.WT.A) - Wt buys sh @ $3.25 to Mar 18/19 Gran Colombia Gold (GCM.WT.B) - One warrant to purchase one common share of the Issuer at $2.21 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 MBAC Fertilizer (MBC.WT) - Wt buys sh @ $1 to Apr 17/19 Nemaska Lithium Inc (NMX.WT) - Wt buys sh @ $1.5 to Jul 8/19 Northern Dynasty Minerals Ltd. J (NDM. WT.A) - Wt buys sh @ $0.55 to Jul 9/20 Northern Dynasty Minerals Ltd. J (NDM. WT.B) - Wt buys sh @ $0.55 to Jun 10/21 Northern Dynasty Minerals Ltd. J (NDM. WT.B) - Wt buys sh @ $0.55 to Jun 10/21 Osisko Gold Royalties (OR.WT) - Wt buys sh @ $36.5 to Feb 18/22

ABE Resources Inc. (ABE.WT) - One warrant to purchase one common share at $0.15 per share. American Cumo Mining Corp. (MLY.RT) 2 rights and $0.07 are required to purchase one share Antioquia Gold Inc. (AGD.RT) - One (1) Right and $0.042 are required to purchase one share. Avino Silver & Gold Mines Ltd. (ASM. WT) - Wt buys sh @ US$0.2 to Nov 28/19 Boreal Metals Corp. (BMX.WT) - One warrant to purchase one common share at $0.30 per share. Brazil Resources (BRI.WT) - Wt buys sh @ $0.75 to Dec 31/18 Cordoba Minerals Corp (CDB.WT) - One warrant to purchase one common share at $1.08 per share. Cornerstone Capital Resources (CGP. WT.S) - Wt buys sh @ $0.35 to Apr 07/19 Equinoxgold Corp (EQX.WT) - One warrant to purchase one common share at $3.00 per share.

Falco Resources Ltd. (FPC.WT) - One warrant to purchase one common share at $1.70 per share. Goldmining Inc. (GOLD.WT) - Wt buys sh @ $0.75 to Dec 31/18 Goldstar Minerals (GDM.RT) - One Right to purchase one common share at $0.03 per share. Goldstar Minerals Inc. (GDM.RT) - One (1) Right and $0.05 are required to purchase one common share. JDL Gold Corp. (JDL.WT) - Wt buy sh @ $3.00 to Oct 06/21 Jet Metal (JET.WT) - Wt buys sh @ $0.25 to Sep 16/19 Jet Metal (JET.WT.A) - Wt buys sh @ $0.5 to Feb 28/19 Kootenay Silver Inc. (KTN.WT) - Wt buys sh @ $0.55 to Apr 21/21 LSC Lithium Corporation (LSC.RT) - One (1) right exercisable for One (1) Unit at $0.40 per Unit. Maple Gold Mines Ltd. (MGM.WT) One warrant to purchase one common share at $0.40 per share Millennial Lithium Corp. (ML.WT) - One warrant to purchase one common share at $4.25 per share.

Osisko Gold Royalties (OR.WT.A) - Wt buys sh @ $19.08 to Feb 26/19 Pilot Gold Inc. Wt (PLG.WT) - Wt buys sh @ $0.9 to May 16/19 Platinum Group Metals Ltd. (PTM.WT.U) - One Warrant to purchase one common share of the Issuer at US$0.17 until expiry Prairie Provident Resources Inc Wt (PPR. WT) - Wt buys sh @ $0.87 to Mar 16/19 Sandstorm Gold (SSL.WT.B) - One Warrant to purchase one common share of the Issuer at US $14.00 until expiry. Sherritt International Corporation (S.WT) - Each whole Warrant entitles the holder to acquire between 1.00 and 1.25 additional common shares (as bulletin 20180062 table ) determined based on the Applicable Reference Cobalt Price at an exercise price of $1.95 per Warrant at any time prior to the Expiry Date Sprott Resource Corp (SRHI.WT) - Wt buys sh @ $0.3333 to Feb 09/22

TSX VENTURE WARRANTS Rainy Mountain Royalty Corp. (RMO. WT) - Wt buys sh @ $0.15 to Mar 1/18 and sh @ $0.25 from Mar 2/18 to Mar 1/19 Rainy Mountain Royalty Corp. (RMD. WT) - Wt buys sh @ $0.15 to Mar 1/18 and sh @ $0.25 from Mar 2/18 to Mar 1/19 Sandfire Resources America Inc. (SFR.RT) - Eight (8) Rights exercisable for One (1) share at $0.06 per unit. Silvercrest Metals Inc. (SIL.WT) - Wt buys sh @ $3 to Dec 06/18 Tintina Resources Inc. (TAU.RT) - Nine(9) Rights exercisable for one share at $0.06 per share. Trek Mining (TREK.WT) - Wt buy sh @ $3.00 to Oct 06/21 Vision Lithium Inc. (VLI.WT) - One warrant to purchase one common share at $0.15 per share. West Kirkland Mining (WKM.WT) - Wt buys sh @ $0.3 to Apr 17/19 Yellowhead Mining Inc. (YMI.RT) - One (1) Right and $0.12 are required to prchase one Share

NEW 52-WEEK HIGHS AND LOWS OCTOBER 29–NOVEMBER 2, 2018 35 New Highs

Calibre Mng Cantex Mn Dev Cantex Mn Dev* Chinapintza Mg CONSOL Coal Rs* Ely Gold Royal Ely Gold Royal* Eureka Res Fission 3.0 Fission 3.0* Golden Secret Golden Star Golden Star* Grenville Gold* GT Gold GT Gold * Labrador Iron Largo Res Mason Res Mason Res* Metalo Manuf* Monitor Vent Nevsun Res Newmac Res NX Uranium* O.T. Mining* Opawica Expl* Portage Res*

Star Diamond Star Diamond* True North Gem True North Gem* Unity Energy Westhaven Vent Westhaven Vent*

140 New Lows

ValOre Metals 66 Resources Abacus Mng &Ex* Advantage Lith* Alamos Gold Alamos Gold* Alexandria Min* Alexco Res Alexco Res* Altura Mng Ltd* Amazing Energy* Americas Silvr* Angkor Gold Aquila Res* Arctic Star Argonaut Gold Argonaut Gold* Arizona Silver Atico Mng* Avino Silver Avino Silver* Black Iron*

BonTerra Res BonTerra Res* Canasil Res Canstar Res* Centenera Mng Centerra Gold Cerro de Pasc Chakana Copper Chakana Copper* Chevron Corp* Cloud Peak En* Cobalt Pwr Grp Cobalt Pwr Grp* Coeur Mng* Colonial Coal Contintl Gold Contintl Gold* Copper Mtn Mng Cruz Cobalt Dajin Res* Desert Lion Discovery Gold* Eastmain Res Eldorado Gold Eldorado Gold* Endeavr Silver Endeavr Silver* Erdene Res Dev Euro Manganese Excellon Res

Excellon Res* Far Res Fiore Gold Fiore Gold* First Cobalt First Cobalt * Freeport Res Garibaldi Res Garibaldi Res * GGX Gold* Global Vanad* GoGold Res Gold Finder Ex Goldcliff Res* Goldplay Expl* GoldTrain Res Gowest Gold Great Panther Great Panther* GrowMax Res Guyana Gldflds Havilah Mining Hecla Mining* HudBay Mnls HudBay Mnls* IAMGOLD IAMGOLD* Intl Battery Intl Battery* Intl Lithium*

Inventus Mg Jaeger Res * Kinross Gold Kinross Gold* Leading Edge Leagold Mg Leeta Gold Lumina Gold Lumina Gold* Mandalay Res* Mason Graphite Mason Graphite* Metallica Min* Metallis Res Midnight Sun Millennial Lit Miramont Res* Mirasol Res Moneta Porcpn* Mountain Prov* Napier Vent* Nautilus Mnrls* Navy Res Nicola Mg Inc Noble Mnl Expl Noront Res NorZinc NorZinc* Nthrn Sphere* Orca Gold*

Orezone Gold* Pine Cliff En* Probe Metals Riverside Res* Rockhaven Res Savary Gold* Sojourn Explor* Solitario Ex&R* Southern Copp* Spanish Mtn Gd St-Georges Eco Strategic Metl* Superior Gold Tahoe Res* Teuton Res Tower Res* Trecora Res* Trevali Mng* Uragold Bay Rs Uranium Res* Vendetta Mng Vendetta Mng* Wealth Mnrls Wealth Mnrls* Western Copper* Wolfden Res Yamana Gold* Zinc One Res

CANADIAN GOLD MUTUAL FUNDS

Daily Metal Prices Date Nov 5 Nov 2 Nov 1 Oct 31 Oct 30 BASE METALS (London Metal Exchange -- Midday official cash/3-month prices, US$ per tonne) Al Alloy N/A 1350/1375 1280/1370 1380/1390 1275/1400 Aluminum N/A 1966.50/1984.50 1951/1972 1980/2000 1960/1977 Copper N/A 6254/6232 6068/6047 6135/3114 6258/6223 Lead N/A 1994/2011 1932/1953 1915/1936 1970.50/1983 Nickel N/A 11960/12030 11550/11630 11695/11795 11720/11800 Tin N/A 19150/19130 19100/19025 19080/19025 19225/19170 Zinc N/A 2653/2590.50 2584.50/2523 2648/2580.50 2694/2638 PRECIOUS METAL PRICES (London fix, LBMA silver price, US$ per troy oz.) Gold AM 1231.60 1235.50 1223.25 1217.70 1220.00 Gold PM 1232.25 1232.10 1231.15 1214.95 1225.40 Silver 14.74 14.82 14.45 14.34 14.43 Platinum 863.00 866.00 852.00 834.00 836.00 1126.00 1114.00 1091.00 1082.00 1082.00 Palladium

Fund Nov 2 ($) Oct 26 ($) AGF Prec Mtls Fd MF 17.15 16.97 BMO Prec Mtls Fd A 15.51 15.35 7.54 7.56 BMO ZGD BMO ZJG 6.69 6.80 CIBC Prec Metal Fd A 8.25 8.04 Dyn Prec Metls Fd A 6.42 6.30 Galileo GOGO 8.92 8.72 Horizons HEP 20.96 20.38 IG Mac GbPMetCl A 7.67 7.48 iShares XGD 10.40 10.08 Mac Prec Met Cl A 40.02 38.98 NBI PrecMetFd Invt 10.37 10.19 NPT Gold&PrMinFdA 30.28 30.17 NPT SilverEquCl A 4.38 4.34 RBC GblPreMetFd A 28.73 28.37 Sentry Pre Met Fd A 32.09 33.43 28.00 27.32 TD PreciousMetalsInv UITGoDe&ProCl A

Change ($) Change (%) YTDChange (%) MER (%) TotalAssets (M$) 0.18 1.06 -20.59 2.80 86.20 0.16 1.06 -16.73 2.40 49.24 -0.01 -0.14 -23.49 0.61 -0.10 -1.54 -26.11 0.60 0.21 2.56 -23.19 2.45 35.58 0.12 1.90 -15.69 2.71 287.29 0.20 2.28 -15.55 0.68 3.33 -14.94 0.81 0.20 2.64 -19.54 2.75 27.34 0.31 3.09 -20.67 0.61 704.85 1.04 2.68 -19.86 2.52 50.56 0.18 1.77 -20.97 2.46 23.03 0.12 0.39 -20.56 3.04 120.38 0.04 0.92 -22.72 2.95 90.41 0.35 1.24 -17.82 2.13 272.65 -1.34 -4.02 -16.82 2.54 241.72 0.68 2.49 -21.04 2.27 90.66 0.00 0.00

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

Nov 2 Nov 1 Oct 31 Oct 30 Oct 29 1.3091 1.3091 1.3158 1.3116 1.3129 0.7639 0.7639 0.7600 0.7624 0.7617

Exchange rates (Quote Media, November 2, 2018) C$ to AUS C$ to EURO C$ to YEN C$ to Mex Peso C$ to SA Rand 1.0602 0.6699 86.1085 15.4123 11.0154 C$ to India Rupee C$ to Swiss Franc C$ to S. Korea Won C$ to UK Pound C$ to China Yuan 0.5874 5.2884 56.1010 0.7656 863.1254 US to AUS US to EURO US to YEN US to Mex Peso US to SA Rand 1.3880 0.8770 112.7265 20.1766 14.4176 US to UK Pound US to China Yuan US to India Rupee US to Swiss Franc US to S. Korea Won 0.7690 6.9234 73.3200 1.0022 1130.0500

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

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

19_NOV12_MMMM.indd 19

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

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

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

GLOBAL MINING NEWS · SINCE 1915

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

2018-11-06 3:55 PM


20

S T O C K TA B L E S

MINING STOCKS listed on CANADIAN and U.S. EXCHANGES TRADING: OCTOBER 29–NOVEMBER 2, 2018 (100s) Stock

WWW.NORTHERNMINER.COM

NOVEMBER 12–25, 2018 / THE NORTHERN MINER

Week

12-month

Exc Volume High Low Last Change High Low

A 37 Capital 2 60 North Gold 416 66 Resources 200 92 Resources V 340 O 8 92 Resources* Abacus Mng &Ex* O 163 Abacus Mng &Ex V 148 V 342 Abcourt Mines Abcourt Mines* O 66 Aben Res* O 600 Aben Res V 2661 Aberdeen Intl* O 45 Aberdeen Intl T 357 Abitibi Royalt* O 27 19 Abitibi Royalt V AbraPlata Res* O 202 AbraPlata Res V 657 Abzu Gold* O 67 Acacia Mining* O 3 V 1762 Adamera Mnls Adamera Mnls* O 1417 Adex Mining V 564 V 827 Advance Gold Advanced Expl* O 85 V 1123 Advantage Lith Advantage Lith* O 714 Adventus Zinc V 122 O 122 Adventus Zinc* Aethon Mineral V 82 AEX Gold V 33 Affinity Gold* O 5 African Gold V 507 O 2384 African Mnrls* Aftermath Slvr V 667 O 1 Aftermath Slvr* Agnico Eagle* N 7435 Agnico Eagle T 6464 AgriMinco* O 50 Aguia Resource V 273 45 Aguila Amer Gd V Aida Minerals 456 AJN Resources 32 Alacer Gold T 2793 Alamos Gold T 6048 12183 Alamos Gold* N Alaska Pac Egy* O 1300 Albert Mining V 59 O 2 Albert Mining* Alcoa* N 13231 Alderon Iron* O 31 Alderon Iron T 247 Aldershot Res V 21109 O 12 Aldershot Res* Aldever Res V 125 Aldever Res* O 0 Aldridge Min V 132 Alexandria Min* O 199 V 926 Alexandria Min Alexco Res* X 1201 Alexco Res T 436 Algold Res V 6 Algold Res* O 50 Alianza Min V 70 Alianza Min* O 1 O 122 Allegiant Gold* Allegiant Gold V 108 Alliance Mng V 665 Alliance Res* D 5716 Almaden Mnls T 284 X 605 Almaden Mnls* Almonty Ind T 143 Almonty Ind * O 37 Alphamin Res V 69 Alphamin Res * O 20 Altai Res V 543 Altair Res Inc V 49 Altamira Gold V 292 O 66 Altamira Gold* Altan Nev Mnls V 1185 4 Altan Rio Mnls V Altiplano Mnls V 34 Altius Mnrls T 351 Alto Vent V 1226 Altura Mng Ltd* O 292 Alturas Mnrls V 0 Altus Strat V 982 Alumina Inc* O 252 O 24 ALX Uranium* ALX Uranium V 193 336 Am Creek Res V Am CuMo Mng V 157 Am CuMo Mng* O 96 O 78 Am Manganese* Am Manganese V 207 V 6 AM Resources Am Sierra Gold* O 21 Amarc Res V 241 Amarc Res* O 114 Amarillo Gold V 210 O 38 Amarillo Gold* Amazing Energy* O 83 Amer Intl Vent* O 20 O 1565 American Lith* American Lith V 1626 O 130 American Pac* American Pac 260 Americas Silvr* X 294 T 294 Americas Silvr Amerigo Res T 516 Amerigo Res* O 349 Amex Expl* O 75 Amex Expl V 99 Amseco Expl V 45 Anaconda Mng T 256 O 51 Anaconda Mng* Anconia Res V 204 Andes Gold* O 260 O 45 Anfield Energy* Anfield Energy V 277 Angel Gold* O 145 Angel Gold V 230 Angkor Gold V 291 O 13 Anglo American* Anglo American* O 2119 3 Anglo Pac Grp T AngloGold Ash* O 0 AngloGold Ash* N 14983 V 273 Antioquia Gold Antioquia Gold* O 368 Antler Gold V 88 Antler Gold * O 8 Antofagasta* O 6 91 APAC Res Inc Apex Res V 33 O 10 Apex Res * Apogee Opport * O 223 Appia Energy 220 O 57 Appia Energy* Applied Mrnls* O 556 Aquila Res* O 1208 Aquila Res T 733 Arch Coal* N 1488 Arco Res* O 344 Arctic Star* O 7 Arctic Star V 845 Arcturus Vent* O 2 Arcturus Vent V 0 188 Arcus Dev Grp V Arena Mnls V 153 Arena Mnls* O 8 Argentina Lith* O 25 Argentina Lith V 101 V 60 Argentum Silvr Argex Titanium T 4396 O 33 Argex Titanium* Argo Gold* O 60 Argo Gold 312 O 116 Argonaut Gold* Argonaut Gold T 1678 Arian Silver* O 100 Arianne Phosph V 212 Arianne Phosph* O 57 O 6 Arizona Silver* Arizona Silver V 128

20-23_NOV12_StockTables.indd 20

0.00 0.00 0.21 unch 0.00 0.35 0.18 0.09 0.08 0.08 unch 0.00 0.24 0.07 0.17 0.10 0.12 unch 0.00 0.27 0.10 0.04 0.03 0.04 + 0.01 0.27 0.03 0.03 0.02 0.03 + 0.01 0.20 0.02 0.11 0.09 0.09 - 0.01 0.98 0.09 0.14 0.12 0.13 - 0.01 1.25 0.12 0.06 0.05 0.05 unch 0.00 0.08 0.05 0.04 0.04 0.04 + 0.00 0.06 0.03 0.18 0.14 0.17 - 0.00 0.38 0.08 0.23 0.18 0.22 + 0.01 0.49 0.11 0.05 0.00 0.05 - 0.00 0.16 0.05 0.08 0.07 0.07 - 0.01 0.21 0.07 7.26 6.60 6.80 - 0.57 8.14 6.00 9.53 8.69 8.89 - 0.78 10.45 7.41 0.05 0.04 0.05 + 0.00 0.42 0.04 0.06 0.05 0.05 - 0.01 0.52 0.05 0.00 0.00 0.00 unch 0.00 0.20 0.00 2.05 0.00 2.02 - 0.02 2.77 1.43 0.05 0.04 0.05 + 0.01 0.20 0.04 0.04 0.03 0.04 + 0.01 0.17 0.03 0.01 0.01 0.01 + 0.01 0.04 0.01 0.15 0.08 0.09 - 0.05 0.60 0.05 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.67 0.57 0.63 + 0.04 1.42 0.57 0.52 0.43 0.49 + 0.04 1.14 0.43 1.05 1.01 1.04 + 0.01 1.16 0.51 0.79 0.77 0.78 - 0.01 0.90 0.69 0.26 0.20 0.26 - 0.01 0.85 0.20 0.44 0.44 0.44 unch 0.00 0.63 0.33 0.02 0.02 0.02 unch 0.00 0.04 0.01 0.03 0.02 0.02 unch 0.00 0.06 0.02 0.00 0.00 0.00 unch 0.00 0.01 0.00 0.10 0.07 0.10 + 0.02 0.20 0.07 0.05 0.00 0.05 - 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0.04 0.58 0.00 0.38 0.33 0.33 - 0.06 0.75 0.33 0.04 0.03 0.03 + 0.01 0.06 0.01 19.87 16.76 19.33 - 0.23 21.90 15.55 0.73 0.67 0.71 - 0.05 1.35 0.63 0.57 0.51 0.55 - 0.03 1.05 0.49 0.80 0.71 0.80 + 0.07 0.98 0.35 0.62 0.54 0.62 + 0.05 0.73 0.29 0.26 0.25 0.26 unch 0.00 0.44 0.22 0.20 0.20 0.20 unch 0.00 0.35 0.17 0.14 0.12 0.14 + 0.02 0.47 0.07 0.08 0.08 0.08 unch 0.00 0.58 0.07 0.10 0.00 0.10 unch 0.00 0.35 0.09 0.08 0.07 0.08 + 0.01 0.29 0.07 0.02 0.02 0.02 - 0.02 0.05 0.01 0.02 0.00 0.02 unch 0.00 0.02 0.01 0.18 0.17 0.18 - 0.01 0.64 0.13 13.80 12.52 13.55 + 0.96 15.58 11.50 0.03 0.00 0.03 unch 0.00 0.13 0.03 0.15 0.14 0.15 + 0.01 0.40 0.14 0.00 0.00 0.01 unch 0.00 0.06 0.01 0.06 0.05 0.06 + 0.01 0.15 0.05 7.47 6.80 7.28 + 0.34 8.97 6.56 0.05 0.04 0.04 - 0.01 0.08 0.04 0.07 0.06 0.07 unch 0.00 0.11 0.06 0.04 0.03 0.04 + 0.01 0.07 0.03 0.07 0.06 0.06 - 0.01 0.13 0.05 0.05 0.04 0.05 + 0.00 0.10 0.04 0.12 0.11 0.12 + 0.02 0.28 0.10 0.17 0.15 0.17 + 0.02 0.35 0.14 0.19 0.19 0.19 unch 0.00 0.31 0.12 0.01 0.00 0.01 - 0.00 0.04 0.01 0.09 0.07 0.08 - 0.01 0.18 0.06 0.07 0.05 0.07 unch 0.00 0.14 0.04 0.29 0.25 0.27 - 0.03 0.42 0.19 0.22 0.19 0.20 - 0.02 0.32 0.15 0.24 0.00 0.21 - 0.01 0.94 0.16 0.03 0.02 0.02 + 0.00 0.05 0.00 0.53 0.41 0.45 - 0.07 0.69 0.18 0.69 0.54 0.58 - 0.11 0.74 0.21 0.09 0.07 0.08 - 0.01 0.32 0.06 0.12 0.09 0.11 - 0.01 0.41 0.07 2.24 2.00 2.12 - 0.07 4.65 2.00 2.94 2.62 2.75 - 0.10 5.74 2.62 0.98 0.87 0.96 + 0.05 1.35 0.65 0.74 0.66 0.71 + 0.03 1.09 0.51 0.04 0.04 0.04 unch 0.00 0.12 0.04 0.07 0.06 0.06 - 0.01 0.22 0.06 0.11 0.08 0.08 - 0.03 0.29 0.01 0.26 0.24 0.26 unch 0.00 0.56 0.23 0.20 0.18 0.19 + 0.00 0.48 0.16 0.01 0.01 0.01 unch 0.00 0.04 0.01 0.01 0.01 0.01 unch 0.00 0.01 0.00 0.24 0.20 0.23 + 0.01 0.45 0.15 0.33 0.28 0.31 + 0.03 0.59 0.19 0.04 0.02 0.03 + 0.01 0.08 0.01 0.06 0.04 0.04 unch 0.00 0.12 0.02 0.17 0.14 0.16 unch 0.00 0.23 0.14 22.09 20.52 22.09 + 1.57 26.05 18.01 11.30 10.20 11.15 + 0.83 13.13 9.00 2.74 2.15 2.73 + 0.58 4.75 1.31 10.64 0.00 10.64 unch 0.00 10.64 7.38 9.99 9.34 9.97 + 0.24 12.00 7.08 0.03 0.02 0.03 unch 0.00 0.10 0.02 0.03 0.02 0.02 - 0.00 0.05 0.02 0.13 0.00 0.12 - 0.01 0.35 0.11 0.09 0.09 0.09 unch 0.00 0.13 0.09 10.31 9.72 10.31 + 0.93 15.70 9.27 0.21 0.18 0.21 unch 0.00 0.50 0.18 0.07 0.06 0.07 + 0.01 0.15 0.06 0.05 0.04 0.04 unch 0.00 0.09 0.04 0.35 0.24 0.30 - 0.00 0.50 0.00 0.29 0.22 0.23 + 0.02 0.32 0.11 0.22 0.16 0.19 + 0.04 0.26 0.08 0.08 0.06 0.07 + 0.00 0.25 0.04 0.16 0.11 0.13 - 0.02 0.30 0.11 0.21 0.15 0.17 - 0.03 0.39 0.15 97.03 92.08 94.69 + 2.06 102.61 75.09 0.51 0.41 0.49 - 0.00 1.39 0.38 0.06 0.05 0.05 - 0.02 0.20 0.05 0.08 0.07 0.07 - 0.01 0.26 0.07 0.06 0.06 0.06 unch 0.00 0.06 0.06 0.00 0.00 0.09 unch 0.00 0.20 0.09 0.04 0.03 0.03 unch 0.00 0.09 0.03 0.08 0.07 0.07 - 0.02 0.11 0.06 0.06 0.05 0.05 - 0.00 0.08 0.04 0.13 0.09 0.10 - 0.03 0.48 0.03 0.17 0.12 0.14 - 0.04 2.40 0.12 0.17 0.17 0.17 unch 0.00 0.33 0.14 0.04 0.03 0.03 unch 0.00 0.07 0.03 0.03 0.02 0.02 - 0.01 0.05 0.01 0.13 0.12 0.13 + 0.01 0.13 0.08 0.21 0.00 0.17 - 0.01 0.21 0.07 1.13 0.97 1.03 - 0.09 2.33 0.97 1.45 1.28 1.33 - 0.14 2.87 1.28 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.57 0.49 0.50 - 0.07 0.72 0.39 0.43 0.37 0.38 - 0.05 0.58 0.30 0.07 0.07 0.07 + 0.00 0.23 0.06 0.09 0.00 0.09 - 0.01 0.29 0.07

(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

Armor Mnrls V 9 Asanko Gold T 479 Asanko Gold* X 1058 Asante Gold 60 Asbestos Corp V 5 Ascot Res V 134 Ascot Res * O 16 Ashanti Gold V 351 Ashanti Sanko V 31 AsiaBaseMetals V 77 Asiamet Res* O 68 Asian Minl Res V 12 Aston Bay V 1166 Aston Bay* O 40 Astorius Res V 346 Astur Gold V 26 ATAC Res V 226 O 13792 Atacama Res* Athabasca Mnls V 282 Athabasca Mnls* O 268 Athena Silver* O 8 Atico Mng* O 108 Atico Mng V 228 Atlanta Gold* O 0 Atlanta Gold V 0 Atlantic Gold V 250 Atlantic Ind V 161 Atlatsa Res* O 43 Atlatsa Res T 229 Atom Energy * O 5 Aton Res Inc* O 346 Aton Res Inc V 740 Aura Mnls* O 53 Aura Mnls T 39 Aura Silver Rs V 895 Auramex Res V 691 Aurania Res* O 38 Aurania Res V 121 Aurcana Corp* O 32 AurCrest Gold V 375 Aurion Res * O 34 Aurion Res V 227 Aurora Royal V 74 AURYN Mining* O 0 Auryn Res T 253 Auryn Res* X 204 Austin Res V 258 Austral Gold* O 107 Austral Gold V 118 Australian Mns* O 38 Auxico Res 214 Avalon Adv Mat* O 169 Avalon Adv Mat T 1518 Avarone Metals 753 Avesoro Res T 7 Avidian Gold V 174 Avino Silver* X 1455 Avino Silver T 217 Avrupa Mnls V 241 Avrupa Mnls* O 97 Awale Res V 50 Axmin Inc V 268 Axmin Inc* O 55 V 179 Azarga Metals Azarga Metals* O 1 Azarga Uranium T 1205 Azarga Uranium* O 312 Aziel Corp* O 1 Azimut Expl V 94 Azincourt Ener* O 113 Azincourt Ener V 1371 Aztec Minerals V 283 Aztec Minerals* O 28 Azteca Gold* O 816 Azucar Min V 70 Azucar Min* O 136

0.45 0.41 0.45 + 0.04 0.73 0.30 1.06 0.99 1.02 - 0.04 1.79 0.55 0.81 0.75 0.78 - 0.02 1.38 0.43 0.05 0.04 0.05 unch 0.00 0.09 0.03 0.35 0.35 0.35 unch 0.00 0.90 0.27 0.95 0.85 0.85 - 0.05 1.70 0.76 0.70 0.65 0.66 - 0.04 1.33 0.59 0.10 0.07 0.07 - 0.03 0.30 0.06 0.05 0.04 0.04 - 0.01 0.10 0.02 0.34 0.28 0.28 - 0.07 0.40 0.14 0.08 0.08 0.08 - 0.04 0.19 0.07 0.53 0.00 0.50 - 0.05 7.00 0.50 0.07 0.06 0.07 + 0.01 0.29 0.05 0.06 0.05 0.05 + 0.01 0.20 0.05 0.04 0.03 0.03 - 0.01 0.20 0.03 0.25 0.19 0.20 - 0.05 0.35 0.19 0.40 0.37 0.38 + 0.01 0.65 0.36 0.00 0.00 0.00 unch 0.00 0.01 0.00 0.24 0.16 0.21 - 0.01 0.35 0.12 0.16 0.12 0.16 + 0.00 0.27 0.09 0.03 0.03 0.03 unch 0.00 0.33 0.03 0.26 0.21 0.21 - 0.06 0.65 0.23 0.34 0.28 0.28 - 0.04 0.80 0.29 0.00 0.00 0.02 unch 0.00 0.05 0.02 0.00 0.00 0.04 unch 0.00 0.07 0.04 1.69 1.60 1.62 - 0.05 1.99 1.36 0.02 0.01 0.01 unch 0.00 0.09 0.01 0.04 0.03 0.03 unch 0.00 0.04 0.01 0.05 0.04 0.05 unch 0.00 0.06 0.02 0.16 0.16 0.16 - 0.18 0.34 0.00 0.05 0.04 0.04 - 0.00 0.08 0.02 0.07 0.06 0.06 unch 0.00 0.11 0.02 1.53 1.40 1.41 - 0.13 2.38 1.22 2.00 0.00 1.91 - 0.10 3.00 1.46 0.02 0.01 0.01 - 0.01 0.05 0.01 0.06 0.05 0.06 + 0.01 0.10 0.03 1.93 1.53 1.81 - 0.10 6.06 1.03 2.55 2.02 2.40 + 0.05 7.57 1.51 0.16 0.13 0.16 + 0.04 0.22 0.00 0.04 0.03 0.03 - 0.01 0.04 0.02 1.34 1.02 1.03 - 0.17 2.00 0.52 1.71 1.32 1.35 - 0.22 2.61 0.67 0.08 0.08 0.08 - 0.01 0.24 0.03 0.00 0.00 1.20 unch 0.00 5.00 0.16 1.60 1.45 1.51 - 0.03 2.30 1.26 1.26 1.11 1.17 - 0.01 2.00 0.97 0.02 0.01 0.02 unch 0.00 0.04 0.01 0.06 0.00 0.05 unch 0.00 0.12 0.04 0.08 0.06 0.07 - 0.01 0.17 0.06 0.07 0.03 0.06 + 0.02 0.33 0.02 0.22 0.21 0.21 unch 0.00 0.43 0.14 0.06 0.04 0.06 + 0.01 0.13 0.04 0.07 0.06 0.07 + 0.01 0.16 0.06 0.05 0.04 0.04 - 0.01 0.14 0.03 3.12 3.05 3.09 - 0.01 5.99 2.50 0.45 0.40 0.43 - 0.03 0.70 0.20 0.64 0.55 0.62 + 0.02 1.61 0.55 0.83 0.70 0.82 + 0.04 1.99 0.70 0.06 0.05 0.06 + 0.01 0.13 0.04 0.05 0.03 0.05 + 0.01 0.10 0.03 0.09 0.09 0.09 unch 0.00 0.48 0.08 0.29 0.26 0.28 - 0.01 0.30 0.03 0.22 0.19 0.20 - 0.01 0.23 0.02 0.13 0.00 0.13 unch 0.00 0.16 0.10 0.09 0.00 0.09 - 0.01 0.16 0.05 0.27 0.24 0.25 - 0.01 0.34 0.18 0.20 0.18 0.19 - 0.01 0.24 0.14 0.75 0.00 0.75 unch 0.00 9.10 0.60 0.30 0.26 0.26 - 0.03 0.48 0.23 0.06 0.04 0.04 - 0.02 0.23 0.04 0.08 0.07 0.07 - 0.01 0.37 0.06 0.16 0.15 0.16 + 0.01 0.38 0.14 0.12 0.10 0.11 + 0.01 0.30 0.10 0.00 0.00 0.00 + 0.00 0.00 0.00 0.58 0.53 0.56 unch 0.00 1.75 0.43 0.45 0.40 0.40 - 0.02 1.44 0.32

B2Gold T 11534 19526 B2Gold* X Balmoral Res* O 107 Balmoral Res T 427 Balto Res V 85 V 1228 Bankers Cobalt Bankers Cobalt* O 95 O 218 Bannerman Res* Banyan Gold V 450 Banyan Gold* O 159 Bard Ventures* O 0 Bard Ventures V 733 Barker Mnrls V 327 Barkerville Go V 2926 Barkerville Go* O 89 Barolo Vent V 193 Baroyeca Go&Si V 197 Barrick Gold T 24075 Barrick Gold* N 86722 Barsele Min* O 22 Barsele Min V 134 Batero Gold V 2657 Bayhorse Silvr* O 39 Bayhorse Silvr V 673 BC Moly V 0 BCM Res V 67 BE Res V 12 Bear Creek Mng V 107 Bearing Lith V 40 Bearing Lith* O 18 Beaufield Res V 12237 Beaufield Res* O 90 Beeston Ent* O 507 Bell Copper* O 199 Belmont Res V 2324 Belo Sun Mng T 3742 Belvedere Res V 23 BeMetals V 170 Benchmark Met* O 359 Benchmark Met V 4137 Benton Res V 190 Berkeley Egy* O 3 Berkwood Res * O 374 Berkwood Res V 3970 Bird River Res 5958 Bitterroot Res* O 12 Bitterroot Res V 181 Black Dragon V 146 Black Dragon* O 1 Black Hills* N 2672 Black Iron T 352 Black Iron* O 425 Black Isle Res V 260 9 Black Mam Mtls V Black Sea Cop V 307 Black Sea Cop* O 4 Black Tusk Res* O 1 Black Tusk Res 394 Blackheath Res V 239 Blackrock Gold* O 486 Blackrock Gold V 1747 Blind Crk Res V 38 BLOX Inc* O 25 Blue Moon Zinc* O 26 Blue Moon Zinc V 666 Blue Rvr Res V 517 Blue Sky Uran* O 195 Blue Sky Uran V 618 Bluenose Gold V 111 Bluestone Res* O 17 Bluestone Res V 41 Bold Vent V 181 Bonanza Gldfds* O 1865 BonTerra Res V 1896 BonTerra Res* O 267 Boreal Metals V 305 Borneo Res Inv* O 7684 Bravada Gold V 253 Bravada Gold* O 0 Braveheart Res V 110 Bravo Multinat* O 82 Brazil Mnrls* O 8204 Brigadier Gold V 7 BrightRock Gld* O 3 Brilliant Sand* O 50 Britannia Mng* O 457 Brixton Mtls V 711 Brixton Mtls* O 197

3.45 3.25 3.39 unch 0.00 4.06 2.77 2.64 2.45 2.58 + 0.03 3.30 2.10 0.14 0.12 0.12 - 0.02 0.47 0.10 0.18 0.17 0.17 - 0.01 0.57 0.14 0.13 0.11 0.11 - 0.02 0.38 0.05 0.05 0.00 0.04 - 0.01 0.85 0.04 0.04 0.03 0.04 + 0.00 0.68 0.03 0.04 0.03 0.03 - 0.00 0.06 0.03 0.05 0.04 0.04 - 0.01 0.13 0.04 0.04 0.03 0.04 - 0.00 0.10 0.03 0.00 0.00 0.11 unch 0.00 0.11 0.02 0.23 0.20 0.23 + 0.03 0.24 0.03 0.01 0.01 0.01 + 0.01 0.03 0.01 0.44 0.41 0.42 - 0.03 0.78 0.35 0.34 0.30 0.32 - 0.02 0.62 0.26 0.29 0.25 0.25 - 0.02 0.30 0.09 0.02 0.02 0.02 unch 0.00 0.04 0.01 17.60 16.18 17.28 + 0.44 19.49 12.54 13.45 12.32 13.17 + 0.32 15.52 9.53 0.50 0.46 0.46 - 0.03 0.68 0.42 0.65 0.60 0.60 - 0.05 1.03 0.52 0.08 0.06 0.07 + 0.01 0.12 0.06 0.10 0.08 0.08 - 0.01 0.22 0.06 0.13 0.11 0.13 + 0.01 0.27 0.09 0.00 0.00 0.06 unch 0.00 0.16 0.05 0.15 0.12 0.15 unch 0.00 0.26 0.09 0.04 0.03 0.03 unch 0.00 0.07 0.03 1.50 1.22 1.39 + 0.14 2.60 1.18 0.26 0.24 0.25 unch 0.00 1.02 0.22 0.20 0.18 0.19 - 0.00 0.80 0.02 0.15 0.14 0.15 unch 0.00 0.18 0.06 0.10 0.10 0.10 unch 0.00 0.14 0.04 0.02 0.01 0.02 + 0.01 0.04 0.00 0.06 0.03 0.06 + 0.03 0.16 0.03 0.07 0.04 0.05 unch 0.00 0.10 0.02 0.33 0.21 0.29 + 0.08 0.53 0.17 0.68 0.55 0.55 - 0.05 0.96 0.18 0.27 0.25 0.25 unch 0.00 0.32 0.15 0.25 0.19 0.23 - 0.03 0.30 0.06 0.35 0.25 0.29 - 0.02 0.39 0.16 0.05 0.04 0.05 unch 0.00 0.09 0.04 0.21 0.21 0.21 - 0.04 0.88 0.18 0.10 0.00 0.08 + 0.00 0.37 0.05 0.13 0.09 0.11 unch 0.00 0.47 0.07 0.08 0.06 0.07 unch 0.00 0.63 0.06 0.02 0.01 0.02 - 0.00 0.16 0.01 0.03 0.02 0.03 unch 0.00 0.24 0.02 0.15 0.13 0.15 + 0.01 0.39 0.11 0.09 0.09 0.09 unch 0.00 0.14 0.03 62.03 59.33 60.31 - 0.68 64.63 50.49 0.08 0.07 0.07 - 0.01 0.17 0.07 0.06 0.06 0.06 - 0.01 0.11 0.06 0.07 0.05 0.05 - 0.02 0.07 0.03 0.08 0.00 0.08 unch 0.00 0.25 0.06 0.06 0.00 0.06 - 0.01 0.17 0.04 0.04 0.04 0.04 + 0.00 0.12 0.03 0.18 0.18 0.18 unch 0.00 0.18 0.18 0.29 0.20 0.20 - 0.09 0.29 0.12 0.01 0.01 0.01 unch 0.00 0.07 0.01 0.07 0.05 0.05 + 0.00 0.12 0.04 0.09 0.06 0.07 + 0.01 0.16 0.05 0.07 0.07 0.07 unch 0.00 0.38 0.05 0.14 0.14 0.14 unch 0.00 0.30 0.07 0.04 0.04 0.04 - 0.00 0.11 0.03 0.06 0.06 0.06 unch 0.00 0.14 0.05 0.03 0.02 0.03 - 0.01 0.05 0.01 0.12 0.10 0.11 + 0.01 0.25 0.10 0.15 0.14 0.14 + 0.01 0.32 0.13 0.14 0.14 0.14 - 0.07 0.25 0.00 1.08 0.93 0.93 - 0.15 1.35 0.86 1.30 1.21 1.29 - 0.11 1.60 0.95 0.02 0.02 0.02 - 0.01 0.05 0.02 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.32 0.29 0.32 + 0.01 0.72 0.29 0.24 0.22 0.24 + 0.01 0.57 0.22 0.10 0.07 0.08 - 0.01 0.40 0.07 0.00 0.00 0.00 - 0.00 0.00 0.00 0.07 0.06 0.06 unch 0.00 0.17 0.06 0.05 0.00 0.05 unch 0.00 0.14 0.04 0.10 0.10 0.10 unch 0.00 0.12 0.04 0.13 0.00 0.08 - 0.01 2.70 0.02 0.00 0.00 0.00 + 0.00 0.01 0.00 0.10 0.10 0.10 unch 0.00 0.26 0.08 0.00 0.00 0.00 unch 0.00 0.01 0.00 0.06 0.06 0.06 unch 0.00 0.12 0.01 0.00 0.00 0.00 unch 0.00 0.01 0.00 0.19 0.14 0.15 - 0.01 0.49 0.14 0.14 0.11 0.13 - 0.00 0.39 0.11

B

(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

Broadway Gold* O 72 Broadway Gold V 2 Brookmount Exp* O 1387 Brunswick Res V 1061 Bryn Res* O 156 BTU Metals V 984 Buccaneer Gold V 76 Buccaneer Gold* O 50 Buenaventura* N 5511 Buffalo Coal V 252 Bullfrog Gold* O 54 Bullion Gld Res V 358 Bullman Mnls V 90 Bunker Hill 787 BWR Explor V 197

0.10 0.02 0.07 unch 0.00 0.43 0.02 0.12 0.12 0.12 unch 0.00 0.54 0.10 0.01 0.01 0.01 - 0.00 0.04 0.00 0.03 0.03 0.03 unch 0.00 0.05 0.02 0.02 0.01 0.01 + 0.00 0.06 0.00 0.09 0.07 0.09 + 0.02 0.14 0.04 0.06 0.05 0.05 - 0.01 0.18 0.03 0.04 0.03 0.03 unch 0.00 0.13 0.02 14.34 13.62 14.17 + 0.30 16.80 11.67 0.01 0.01 0.01 unch 0.00 0.03 0.01 0.07 0.06 0.06 - 0.00 0.17 0.05 0.22 0.16 0.20 - 0.03 0.47 0.16 0.07 0.07 0.07 unch 0.00 0.10 0.06 0.10 0.04 0.10 + 0.06 3.15 0.03 0.05 0.04 0.05 + 0.01 0.10 0.03

Cabral Gold V 57 Cabral Gold* O 2 Cache Expl* O 50 Cache Expl V 1034 Cadence Min* O 0 Cadillac Vent* O 23 Cadillac Vent V 59 Caledonia Mng* X 29 Caledonia Mng T 20 Calibre Mng V 4661 California Gld V 466 California Go* O 165 Callinex Mines* O 87 Callinex Mines V 345 Cameco Corp* N 11923 Cameco Corp T 6104 Cameo Cobalt* O 68 Cameo Cobalt V 3861 Camino Mnls* O 89 Camino Mnls V 158 Camrova Res V 49 Camrova Res* O 2 Canada Cobalt V 1534 Canada Cobalt * O 284 Canada One V 146 Canadian Mng* O 48 CanAlaska Uran* O 226 CanAlaska Uran V 250 CanAm Coal* O 40 Canamex Gold 82 Canamex Gold* O 59 Canarc Res T 204 Canarc Res* O 298 Canasil Res V 811 Candelaria Mg* O 70 Candelaria Mg V 355 T 535 Candente Coppr Candente Gold* O 2 V 126 Candente Gold Canex Energy V 47 V 215 CANEX Metals CANEX Metals * O 5 CaNickel Mng V 20 CaNickel Mng* O 3 Canstar Res V 61 Canstar Res* O 0 Canterra Mnls V 165 Cantex Mn Dev V 2052 Cantex Mn Dev* O 54 Canuc Res V 305 Canuc Res* O 29 Capstone Mng T 3341 Caracara Silvr* O 5 Cardero Res V 28 Cardero Res* O 8 Cardinal Res T 196 Cariboo Rose V 255 Carlin Gold V 48 Carrara Explor 31458 Cartier Iron 160 Cartier Res V 1805 Carube Copper V 95 Carube Copper* O 16 Casa Minerals V 358 Cascadero Copp V 490 Castle Peak Mg V 361 Cautivo Mining 11 Cautivo Mining* O 39 Cda Carbon V 348 Cda Carbon* O 215 Cda Rare Earth V 224 Cda Rare Earth* O 147 Cdn Metals 504 Cdn Orebodies V 40 CellCube Enrgy 25372 CellCube Enrgy* O 1802 Centamin T 95 Centaurus Diam* O 170 Centenera Mng* O 38 V 107 Centenera Mng Centerra Gold T 3219 Central Iron V 110 Central Tim Ex V 170 Centurion Mnls V 35 Century Cobalt* O 29 Century Global* O 92 Century Global T 0 Cerro de Pasc * O 7 Cerro de Pasc 30 Cerro de Pasc 192 Cerro Grande* O 25 Cerro Grande 4 Cerro Mng V 18 Ceylon Graph V 469 Chakana Copper V 902 Chakana Copper* O 151 Chalice Gold M* O 15 Chalice Gold M T 141 Champion Bear V 14 Champion Bear* O 62 Champion Iron T 1684 Champion Iron* O 181 Chantrell Vent V 7 Chatham Rock V 81 O 1 Chatham Rock* Chesapeake Gld* O 17 Chesapeake Gld V 21 Chevron Corp* N 43791 Chiboug Ind Mn V 248 Chilean Metals* O 0 Chimata Gold 199 China Gold Int T 989 Chinapintza Mg V 3 Cicada Vents V 1 CIM Intl Grp 25 Cipher Res V 39 Claim Post Res V 1457 Clarmin Explor V 178 Clean Comm V 2590 Clean Comm* O 4 Cleghorn Mnls V 150 Cleveland-Clif* N 44275 Cliffmont Res V 1 Clifton Mng* O 30 Cloud Peak En* N 3120 Clydesdale Res V 50 CMC Metals* O 3 CMC Metals V 0 CMX Gold & Sil* O 12 CMX Gold & Sil 62 CNRP Mng 3419 CNRP Mng* O 2650 Cobalt 27 Cap V 767 Cobalt Block V 218 Cobalt Block* O 166 Cobalt Pwr Grp* O 381 Cobalt Pwr Grp V 6190 Coeur Mng* N 16358 Colibri Res V 2796 Colibri Res* O 18 Colombia Crest V 1 Colonial Coal V 47 Colorado Res V 575 Colorado Res* O 88 Columbus Gold T 144 Columbus Gold* O 210 Comet Inds V 1 Commander Res V 393 Commander Res* O 9

0.26 0.24 0.26 + 0.03 0.50 0.20 0.18 0.18 0.18 unch 0.00 0.32 0.17 0.02 0.02 0.02 unch 0.00 0.06 0.02 0.04 0.04 0.04 - 0.01 0.09 0.04 1.80 1.80 1.80 unch 0.00 2.22 1.07 0.02 0.02 0.02 unch 0.00 0.04 0.02 0.03 0.00 0.03 + 0.01 0.06 0.02 5.82 5.24 5.64 - 0.16 9.94 5.24 7.52 6.98 7.40 - 0.01 12.50 6.80 0.41 0.04 0.39 - 0.12 1.45 0.30 0.35 0.31 0.31 unch 0.00 0.52 0.19 0.27 0.24 0.24 + 0.00 0.38 0.15 0.08 0.07 0.08 + 0.00 0.37 0.07 0.11 0.09 0.10 - 0.01 0.45 0.09 11.42 10.19 11.14 + 0.53 12.38 8.34 14.99 13.39 14.62 + 0.74 16.00 10.50 0.13 0.08 0.13 + 0.01 0.99 0.08 0.16 0.11 0.14 unch 0.00 0.45 0.10 0.11 0.00 0.10 - 0.00 0.45 0.09 0.13 0.00 0.12 - 0.02 0.60 0.11 0.08 0.07 0.07 unch 0.00 0.16 0.07 0.05 0.04 0.04 unch 0.00 0.15 0.00 0.67 0.56 0.67 + 0.03 0.90 0.15 0.51 0.42 0.51 + 0.04 0.79 0.01 0.07 0.07 0.07 - 0.01 0.52 0.07 1.10 0.79 1.09 + 0.10 1.60 0.20 0.28 0.23 0.26 + 0.00 0.37 0.21 0.36 0.31 0.34 - 0.01 0.45 0.26 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.09 0.08 0.08 - 0.01 0.17 0.06 0.07 0.05 0.06 - 0.00 0.22 0.06 0.05 0.04 0.04 - 0.01 0.11 0.03 0.04 0.00 0.03 - 0.00 0.08 0.02 0.08 0.06 0.07 unch 0.00 0.19 0.07 0.52 0.37 0.51 + 0.22 0.71 0.06 0.69 0.38 0.66 + 0.28 0.99 0.23 0.08 0.06 0.07 + 0.01 0.19 0.06 0.01 0.01 0.01 - 0.01 0.04 0.00 0.03 0.00 0.02 - 0.01 0.05 0.02 0.14 0.13 0.14 + 0.01 0.40 0.13 0.05 0.04 0.04 - 0.01 0.08 0.03 0.02 0.00 0.02 unch 0.00 0.06 0.02 0.09 0.08 0.09 - 0.01 0.24 0.09 0.06 0.06 0.06 + 0.00 0.18 0.06 0.14 0.11 0.11 - 0.01 0.40 0.11 0.00 0.00 0.11 unch 0.00 0.19 0.11 0.03 0.02 0.03 unch 0.00 0.05 0.02 1.10 0.30 0.88 + 0.70 1.10 0.15 0.77 0.36 0.65 + 0.12 0.77 0.01 0.14 0.10 0.14 + 0.04 0.43 0.09 0.10 0.07 0.10 - 0.01 0.34 0.06 0.59 0.49 0.55 - 0.01 1.62 0.48 0.12 0.12 0.12 unch 0.00 0.14 0.06 0.11 0.09 0.10 - 0.01 0.22 0.09 0.08 0.07 0.08 + 0.00 0.17 0.06 0.43 0.38 0.40 + 0.02 0.65 0.37 0.03 0.03 0.03 unch 0.00 0.07 0.02 0.02 0.02 0.02 + 0.01 0.07 0.02 0.10 0.06 0.09 - 0.01 0.17 0.03 0.10 0.10 0.10 + 0.02 0.25 0.07 0.16 0.13 0.14 - 0.02 0.27 0.12 0.06 0.05 0.05 - 0.01 0.10 0.05 0.05 0.00 0.05 unch 0.00 0.07 0.03 0.24 0.19 0.23 + 0.01 0.24 0.07 0.03 0.03 0.03 + 0.01 0.16 0.03 0.02 0.02 0.02 unch 0.00 0.03 0.02 0.25 0.00 0.25 unch 0.00 0.63 0.08 0.07 0.07 0.07 unch 0.00 0.36 0.07 0.14 0.11 0.11 - 0.03 0.17 0.04 0.11 0.08 0.08 - 0.04 0.13 0.04 0.07 0.06 0.07 unch 0.00 0.10 0.03 0.06 0.04 0.06 + 0.01 0.08 0.02 0.08 0.07 0.08 + 0.01 0.20 0.07 0.19 0.17 0.18 - 0.01 0.39 0.14 0.34 0.27 0.29 + 0.01 0.76 0.14 0.27 0.21 0.23 + 0.01 0.60 0.11 1.72 1.64 1.68 - 0.03 2.96 1.40 0.20 0.14 0.14 - 0.02 0.20 0.04 0.04 0.04 0.04 unch 0.00 0.19 0.01 0.06 0.05 0.05 - 0.01 0.25 0.06 5.93 4.76 5.58 + 0.66 8.21 4.76 0.03 0.03 0.03 - 0.01 0.07 0.01 0.19 0.11 0.11 - 0.05 0.20 0.11 0.02 0.00 0.02 - 0.01 0.05 0.02 0.11 0.09 0.11 unch 0.00 0.20 0.01 0.13 0.13 0.13 unch 0.00 0.24 0.13 0.00 0.00 0.17 unch 0.00 0.29 0.13 0.20 0.19 0.19 unch 0.00 0.25 0.16 0.29 0.29 0.29 unch 0.00 0.34 0.12 0.28 0.23 0.23 - 0.05 0.32 0.23 0.01 0.01 0.01 unch 0.00 0.01 0.00 0.00 0.00 0.01 unch 0.00 0.03 0.01 0.18 0.00 0.18 - 0.01 0.22 0.05 0.19 0.00 0.17 + 0.01 0.26 0.14 0.44 0.33 0.36 - 0.08 1.05 0.33 0.32 0.25 0.26 - 0.08 0.79 0.25 0.10 0.10 0.10 unch 0.00 0.17 0.10 0.15 0.14 0.15 + 0.01 0.22 0.13 0.19 0.17 0.18 - 0.02 0.23 0.10 0.15 0.15 0.15 - 0.00 0.18 0.10 1.23 1.11 1.22 + 0.10 1.59 1.05 0.92 0.84 0.91 + 0.01 1.22 0.84 0.06 0.06 0.06 - 0.01 0.12 0.05 0.18 0.15 0.17 + 0.01 0.54 0.14 0.13 0.00 0.13 unch 0.00 0.32 0.13 1.50 1.40 1.44 + 0.02 3.06 1.29 1.94 1.84 1.89 - 0.01 3.89 1.75 117.11 107.54 114.73 + 3.20 133.88 107.54 0.06 0.05 0.05 - 0.01 0.08 0.05 0.00 0.00 0.06 unch 0.00 0.12 0.02 0.09 0.07 0.09 - 0.01 0.15 0.06 1.83 1.67 1.81 + 0.07 3.19 1.59 0.02 0.02 0.02 unch 0.00 0.02 0.01 0.00 0.00 0.01 unch 0.00 0.03 0.01 0.26 0.26 0.26 unch 0.00 0.35 0.15 0.09 0.00 0.07 - 0.01 0.20 0.07 0.13 0.11 0.13 + 0.02 0.27 0.06 0.17 0.13 0.16 + 0.03 0.50 0.10 0.03 0.03 0.03 unch 0.00 0.21 0.03 0.02 0.02 0.02 unch 0.00 0.16 0.02 0.09 0.08 0.09 + 0.01 0.14 0.05 10.97 9.61 10.73 + 0.64 13.10 5.60 0.00 0.00 0.18 unch 0.00 0.90 0.15 0.08 0.07 0.08 + 0.00 0.10 0.05 1.87 1.63 1.76 - 0.13 5.70 1.63 0.08 0.08 0.08 unch 0.00 0.15 0.02 0.04 0.04 0.04 unch 0.00 0.06 0.01 0.00 0.00 0.05 unch 0.00 0.20 0.04 0.04 0.03 0.04 + 0.01 0.09 0.03 0.07 0.00 0.06 - 0.02 0.12 0.04 1.07 0.72 0.93 - 0.10 2.02 0.34 0.82 0.54 0.71 - 0.08 1.98 0.21 5.36 4.80 5.15 + 0.03 14.00 4.76 0.15 0.12 0.14 + 0.01 0.40 0.01 0.11 0.08 0.10 - 0.01 0.32 0.02 0.03 0.02 0.03 - 0.00 0.29 0.02 0.04 0.03 0.04 unch 0.00 0.35 0.03 5.18 4.46 5.16 + 0.23 8.94 4.46 0.06 0.03 0.05 + 0.02 0.14 0.03 0.03 0.02 0.03 + 0.02 0.08 0.01 0.00 0.00 0.06 unch 0.00 0.40 0.05 0.29 0.00 0.29 unch 0.00 0.44 0.08 0.09 0.07 0.08 - 0.01 0.29 0.07 0.06 0.05 0.06 + 0.00 0.22 0.05 0.25 0.21 0.23 - 0.02 0.92 0.18 0.19 0.16 0.18 - 0.02 0.73 0.14 2.60 2.60 2.60 unch 0.00 3.60 2.60 0.10 0.00 0.09 - 0.01 0.25 0.08 0.07 0.07 0.07 - 0.00 0.16 0.00

C

(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

V 108 Commerce Res O 52 Commerce Res* V 213 Compass Gold 11084 X Comstock Mng* V 20 Comstock Mtls 50 Comstock Mtls * O Condor Gold T 11 Condor Res V 16 V 340 Confedertn Mls V 140 Conquest Res 1 Conquest Res * O V 250 Cons Woodjam CONSOL Coal Rs* N 349 N 2490 CONSOL Energy* N 23848 CONSOL Energy* O 19 Constantine Mt* V 190 Constantine Mt O 42 Contact Gold* Contact Gold V 102 O 0 Contact Mnrls* O 57 Contintl Gold* Contintl Gold T 1038 Contintl Prec* O 2 Contintl Prec V 23 238 Copper Fox Mtl V 26 Copper Fox Mtl* O 984 Copper Lake Rs V Copper Mtn Mng T 1180 Copper Mtn Mng* O 144 2 Copper North M* O 427 Copper North M V Copper One V 136 1 Copper One * O 25 Copper Reef Mg Copperbank Res 150 O 123 Copperbank Res* Coral Gold * O 125 Coral Gold V 202 V 709 Cordoba Mnls O 102 Cordoba Mnls* Core Gold V 636 Core Gold* O 215 Core Lithium* O 1 V 576 Cornerstone Ca O 132 Cornerstone Ca* Coro Mining T 1857 9 Corsa Coal * O Corsa Coal V 54 Corvus Gold* O 87 Corvus Gold T 371 CR Capital V 187 Critical Elem V 521 Critical Elem* O 7 V 62 CROPS Crown Mining V 51 Cruz Cobalt V 185 Cruz Cobalt* O 117 Crystal Lake V 181 Crystal Lake* O 4 Crystal Peak* O 391 Crystal Peak V 182 19 Currie Rose Rs V 40 Currie Rose Rs* O 200 CWN M’g Acq V Cypress Dev V 539 Cypress Dev* O 95

0.06 unch 0.00 0.10 0.07 0.07 0.07 0.04 0.06 0.05 0.05 + 0.01 0.08 0.22 0.25 0.22 0.24 - 0.01 0.80 0.12 0.26 0.17 0.18 - 0.04 0.94 0.03 unch 0.00 0.10 0.03 0.00 0.03 0.02 0.02 0.02 unch 0.00 0.07 0.02 0.47 0.51 0.50 0.50 - 0.06 1.75 0.05 0.07 0.07 0.07 - 0.01 0.13 0.20 unch 0.00 0.77 0.40 0.31 0.33 0.01 unch 0.00 0.10 0.02 0.02 0.02 0.01 0.01 0.01 unch 0.00 0.07 0.01 0.03 unch 0.00 0.07 0.03 0.00 0.03 21.00 18.77 20.33 + 0.69 21.00 12.56 19.51 40.64 35.89 38.22 - 1.15 48.12 11.69 16.09 12.81 14.86 + 1.32 18.37 0.12 0.46 0.45 0.46 + 0.03 0.65 0.50 0.61 0.56 0.60 + 0.04 0.88 0.20 0.31 0.00 0.29 - 0.04 0.38 0.27 0.40 0.35 0.39 - 0.01 0.65 0.06 unch 0.00 0.45 0.00 0.00 0.20 1.69 1.83 1.69 1.70 - 0.11 3.22 2.22 2.43 2.22 2.26 - 0.09 4.13 0.21 0.24 0.00 0.24 - 0.00 0.34 0.26 0.32 0.00 0.32 - 0.01 0.46 0.09 0.09 0.09 - 0.01 0.17 0.09 0.07 0.07 0.07 - 0.01 0.12 0.07 0.02 0.02 0.02 unch 0.00 0.10 0.02 1.05 0.94 0.98 - 0.05 1.85 0.94 0.80 0.72 0.74 - 0.04 1.47 0.72 0.04 0.00 0.04 + 0.01 0.07 0.02 0.05 0.04 0.05 - 0.01 0.11 0.04 0.04 0.10 0.00 0.10 - 0.01 0.22 0.09 0.09 0.09 unch 0.00 0.18 0.06 0.02 0.02 0.02 unch 0.00 0.03 0.01 0.04 unch 0.00 0.14 0.07 0.00 0.07 0.03 0.05 0.04 0.05 - 0.01 0.10 0.31 0.28 0.29 + 0.01 0.35 0.16 0.32 0.40 0.00 0.40 + 0.03 0.43 0.10 0.17 0.14 0.15 + 0.01 0.62 0.08 0.12 0.10 0.12 + 0.01 0.49 0.22 0.29 0.23 0.28 + 0.01 0.38 0.17 0.21 0.17 0.19 - 0.01 0.34 0.10 unch 0.00 1.00 0.40 0.40 0.40 0.14 0.34 0.32 0.33 - 0.01 0.39 0.11 0.26 0.24 0.25 - 0.02 0.28 0.05 unch 0.00 0.16 0.06 0.05 0.05 0.70 0.70 0.70 unch 0.00 2.25 0.69 0.89 0.94 0.90 0.90 - 0.02 2.30 0.92 2.23 1.68 2.12 + 0.10 2.72 1.18 2.91 2.24 2.71 + 0.12 3.39 0.02 unch 0.00 0.15 0.05 0.05 0.05 0.65 0.81 0.69 0.80 + 0.12 1.86 0.51 0.58 0.53 0.58 + 0.02 1.44 0.03 unch 0.00 0.12 0.05 0.04 0.04 0.07 unch 0.00 0.28 0.09 0.08 0.09 0.07 unch 0.00 0.41 0.08 0.07 0.08 0.05 0.06 0.05 0.05 - 0.01 0.35 0.22 0.46 0.41 0.42 - 0.06 1.12 0.17 0.36 0.34 0.34 - 0.06 0.84 0.15 0.19 0.15 0.16 - 0.03 0.46 0.21 0.23 0.21 0.21 - 0.02 0.58 0.08 0.08 0.08 + 0.01 0.20 0.04 0.07 0.05 0.05 unch 0.00 0.07 0.03 0.05 0.05 0.05 unch 0.00 0.25 0.03 0.16 0.24 0.21 0.21 - 0.03 0.43 0.12 0.18 0.16 0.17 - 0.01 0.34

Dajin Res* O 2186 Dajin Res V 1152 Dakota Ter Res* O 356 Daleco Res* O 14 O 8 Damara Gold* Danakali* O 128 Debut Dmds 3 Decade Res V 116 Decade Res* O 20 Declan Cobalt 723 V 45 Deep-South Res O 0 Deep-South Res* Defiance Silvr V 113 O 186 Defiance Silvr* Delrand Res V 116 T 1901 Denison Mines X 2814 Denison Mines* Desert Gold V 88 Desert Lion* O 82 Desert Lion V 1899 23 Desert Mtn Egy* O 247 Desert Mtn Egy V Detour Gold T 3984 O 6 Diamante Min* Diamcor Mng V 25 O 136 Diamcor Mng* O 2379 Diamond Disc* V 4 Diamond Fields O 0 Diamond Fields* Dios Expl V 919 O 904 Discovery Gold* V 80 Discovery Harb O 19 Discovery Met* V 260 Discovery Met 70230 O Discovery Mnls* V 320 Discovery-Corp District Cop* O 78 District Cop V 599 Ditem Explor* O 19 O 38 Diversified Rs* DNI Metals 406 DNI Metals* O 332 O 37 Dolat Ventures* Dolly Vard Sil* O 158 538 Dolly Vard Sil V O 3 Doubleview Cap* V 331 Doubleview Cap DRDGOLD* N 248 Dundee Prec Mt T 1087 O 1 Dunnedin Vent* Durango Res V 245 Durango Res* O 0 V 100 DV Resources O 10 DV Resources* 22 Dynacor Gld Mn* O 116 Dynacor Gld Mn T O 0 Dynamic Gold* O 2 DynaResource* O 30 Dynasty Gold* Dynasty Gold V 199 E3 Metals* O 3 E3 Metals V 164 V 104 Eagle Graphite O 61 Eagle Graphite* Eagle Plains V 215 221 V East Africa 10 East Africa * O 260 East Asia Mnls V East Asia Mnls* O 101 EastCoal Inc V 24 O 50 Eastern Platin* Eastern Platin T 20 Eastern Zinc 5 Eastfield Res V 186 O 122 Eastmain Res* Eastmain Res T 889 14 Eco Oro Mnls 0 Eco Oro Mnls* O eCobalt Solns T 835 O 747 eCobalt Solns* V 185 Edgewater Expl O 15 Edison Cobalt* V 2034 Edison Cobalt El Capitan Prc* O 464 1 El Nino Vent* O 43 El Nino Vent V Elcora Res V 182 Elcora Res* O 21 28142 N Eldorado Gold* T 5778 Eldorado Gold Eloro Res* O 3 Eloro Res V 37 333 Ely Gold Royal V Ely Gold Royal* O 221 4 Elysee Dev * O Elysee Dev V 35 Emerita Res V 790 Emgold Mng* O 7

0.04 0.06 0.04 0.06 + 0.01 0.17 0.05 0.08 0.06 0.08 + 0.01 0.22 0.06 0.05 0.06 + 0.01 0.10 0.03 0.00 unch 0.00 0.01 0.00 0.00 0.00 0.03 unch 0.00 0.08 0.03 0.03 0.03 0.44 0.57 0.55 0.55 - 0.00 0.69 0.01 unch 0.00 0.03 0.00 0.00 0.01 0.04 unch 0.00 0.12 0.04 0.04 0.04 0.03 unch 0.00 0.08 0.03 0.03 0.03 0.28 0.36 0.28 0.34 + 0.05 0.42 0.06 0.12 0.00 0.11 - 0.03 0.45 0.09 unch 0.00 0.30 0.09 0.09 0.09 0.22 0.32 0.24 0.25 - 0.07 0.44 0.17 0.22 0.18 0.19 - 0.05 0.35 0.38 0.50 0.42 0.48 + 0.03 2.44 0.51 0.84 0.70 0.82 + 0.12 0.89 0.40 0.64 0.53 0.60 + 0.04 0.69 0.14 unch 0.00 0.30 0.18 0.16 0.16 0.05 0.10 0.06 0.08 + 0.03 1.07 0.07 0.15 0.07 0.11 + 0.03 2.35 0.16 0.16 0.16 unch 0.00 0.20 0.01 0.23 0.18 0.23 + 0.05 0.25 0.06 10.34 9.38 10.23 + 0.61 15.40 9.11 0.02 0.19 0.13 0.19 + 0.02 0.24 0.26 0.34 0.27 0.33 + 0.07 0.59 0.20 0.24 0.20 0.24 + 0.04 0.46 0.00 0.00 0.00 0.00 + 0.00 0.00 0.07 unch 0.00 0.15 0.08 0.00 0.08 0.05 unch 0.00 0.11 0.00 0.00 0.05 0.05 0.06 0.05 0.05 - 0.01 0.19 0.00 0.01 0.00 0.01 + 0.00 0.01 0.05 0.06 0.05 0.05 - 0.01 0.08 0.21 0.28 0.21 0.21 - 0.07 0.60 0.22 0.26 0.00 0.26 + 0.01 0.77 0.00 unch 0.00 0.00 0.00 0.00 0.00 0.01 unch 0.00 0.04 0.01 0.01 0.01 0.02 0.03 0.02 0.02 + 0.00 0.16 0.03 0.04 0.03 0.03 - 0.01 0.21 0.00 0.00 0.00 0.00 - 0.00 0.00 0.01 0.03 0.01 0.01 - 0.01 0.14 0.05 0.06 0.05 0.05 - 0.01 0.15 0.03 0.06 0.03 0.05 - 0.01 0.12 0.15 0.36 0.26 0.30 - 0.06 8.50 0.32 0.27 0.29 + 0.01 0.84 0.24 0.42 0.34 0.39 + 0.05 1.04 0.31 0.07 unch 0.00 0.09 0.09 0.09 0.09 0.05 unch 0.00 0.13 0.11 0.10 0.10 1.76 2.68 2.34 2.46 - 0.14 3.77 3.51 3.13 3.42 + 0.21 3.78 2.49 0.09 unch 0.00 0.26 0.09 0.09 0.09 0.04 unch 0.00 0.11 0.08 0.07 0.07 0.04 unch 0.00 0.08 0.00 0.00 0.05 0.10 0.12 0.11 0.12 + 0.02 0.50 0.08 unch 0.00 0.14 0.00 0.00 0.08 1.20 1.15 1.20 + 0.04 1.85 1.03 1.60 1.50 1.59 + 0.06 2.26 1.47 0.75 unch 0.00 3.00 1.00 1.00 1.00 1.00 1.25 1.03 1.25 + 0.10 1.40 0.07 0.10 0.09 0.09 - 0.01 0.22 0.10 0.15 0.11 0.13 - 0.01 0.27 0.25 unch 0.00 0.77 0.26 0.26 0.26 0.32 0.34 0.34 0.34 + 0.01 1.01 0.11 0.12 0.11 0.11 - 0.01 0.36 0.01 0.09 0.08 0.09 + 0.00 0.18 0.08 0.09 0.08 0.09 + 0.01 0.29 0.22 0.00 0.22 + 0.04 0.37 0.14 0.13 0.13 0.13 - 0.00 0.28 0.10 0.09 0.08 0.08 - 0.01 0.12 0.03 0.07 0.05 0.06 - 0.01 0.08 0.02 0.10 unch 0.00 0.30 0.11 0.00 0.11 0.17 unch 0.00 0.37 0.19 0.19 0.19 0.17 0.24 0.00 0.24 - 0.01 0.50 0.22 unch 0.00 0.56 0.56 0.56 0.56 0.03 0.04 0.03 0.04 + 0.01 0.06 0.12 0.13 0.11 0.11 - 0.01 0.29 0.16 0.18 0.14 0.15 - 0.03 0.36 0.21 0.00 0.19 + 0.01 0.45 0.15 0.00 0.00 0.13 unch 0.00 0.34 0.12 0.54 0.66 0.61 0.63 + 0.02 2.10 0.41 0.51 0.46 0.50 + 0.02 1.74 0.12 0.13 0.12 0.12 - 0.01 0.19 0.04 0.08 0.00 0.08 + 0.03 0.24 0.06 0.13 0.06 0.12 + 0.05 0.36 0.02 0.01 0.02 + 0.00 0.05 0.01 0.04 0.04 0.04 unch 0.00 0.06 0.02 0.04 0.04 0.04 unch 0.00 0.08 0.02 0.14 0.16 0.14 0.15 - 0.01 0.56 0.10 0.12 0.10 0.12 + 0.01 0.44 0.65 0.78 0.65 0.72 - 0.05 1.47 0.86 1.02 0.86 0.95 - 0.03 1.85 0.27 unch 0.00 0.96 0.27 0.27 0.27 0.33 0.39 0.36 0.37 + 0.03 1.27 0.17 0.12 0.15 + 0.04 0.14 0.09 0.12 0.09 0.12 + 0.03 0.11 0.07 0.30 0.27 0.30 + 0.02 0.32 0.20 0.26 0.38 0.36 0.38 + 0.02 0.40 0.02 unch 0.00 0.16 0.02 0.02 0.02 0.07 0.07 0.07 0.07 - 0.00 0.18

D-F

2018-11-05 12:08 PM


GLOBAL MINING NEWS

(100s) Stock

THE NORTHERN MINER / NOVEMBER 12–25, 2018

Week

12-month

Exc Volume High Low Last Change High Low

Emgold Mng V 47 Empire Rock V 11 EMX Royalty* X 375 EMX Royalty V 443 Encanto Potash* O 103 Encanto Potash V 105 EnCore Energy V 1201 Endeavour Mng T 1108 O 46 Endeavour Mng* Endeavr Silver* N 6250 Endeavr Silver T 1006 Endurance Gold V 230 Energy Fuels* X 7679 Energy Fuels T 1777 Enforcer Gold* O 450 Enforcer Gold V 4488 Engineer Gold V 99 Engold Mines V 244 O 240 Engold Mines* Ensurge* O 50 Entree Res* X 802 Entree Res T 309 ePower Metals* O 2 V 153 ePower Metals Equinox Gold V 1783 Equitorial Ex* O 25 Equitorial Ex V 792 Erdene Res Dev T 312 69 Erdene Res Dev* O Erin Ventures V 159 Erin Ventures* O 41 Ero Copper* O 2 Ero Copper T 499 Eros Res Corp* O 230 Eros Res Corp V 406 Eros Res Corp V 406 Eskay Mng V 260 Essex Minerals V 71 Ethos Gold* O 62 Ethos Gold V 629 Eureka Res V 98 Euro Manganese V 604 Euro Sun Mg* O 30 74 Euro Sun Mg T EurOmax Res* O 2 EurOmax Res T 52 European Elect* O 5018 European Elect V 5462 O 1283 European Metal* Eurotin V 18 Everton Res V 1346 Everton Res* O 77 Evrim Res V 301 Excellon Res* O 142 Excellon Res T 834 Excelsior Mng* O 303 Excelsior Mng T 1227 ExGen Res Inc V 114 Explor Res* O 326 Explor Res V 1714 Explorex Res 302 Explorex Res* O 20 Fabled Copper V 47 Fairmont Res V 45 Fairmont Res* O 2 Falco Res V 1064 Falco Res * O 51 Falcon Gold V 1712 V 421 Fancamp Expl Far Res 2766 Far Res* O 371 Fengro Industr* O 9 Fengro Industr V 22 125 Filo Mg Corp V Finlay Minrls V 625 Fiore Gold* O 187 Fiore Gold V 207 Fire River Gol* O 1 Firesteel Res* O 40 Firesteel Res V 112 Firestone Vent V 35 Fireweed Zinc V 154 Fireweed Zinc* O 9 O 289 Firma Holdings* First Bauxite V 90 First Cobalt * O 1689 First Cobalt V 6048 First Colombia* O 2001 First Energy V 21 First Legacy V 243 First Majestic* N 12286 First Majestic T 3928 First Mexican V 161 First Mg Fin * O 1348 First Mg Fin T 2058 First Point* O 85 First Quantum T 23432 First Vanadium V 771 O 290 First Vanadium* Fission 3.0 V 2178 Fission 3.0* O 753 Fission Uran* O 1000 Fission Uran T 1499 444 Five Star Diam V Five Star Diam* O 80 Fjordland Exp* O 30 Fjordland Exp V 102 Focus Graphite* O 181 V 643 Focus Graphite Foran Mng V 121 Forsys Metals T 303 Fort St J Nick V 139 Fort St James* O 0 Fortescue Met* O 4 Fortuna Silvr T 1768 Fortuna Silvr* N 4561 Fortune Bay V 14 Fortune Bay* O 9 O 114 Fortune Mnrls* Fortune Mnrls T 1340 Forum Energy V 250 Forum Energy* O 60 Four Nines 64 77 Fox River Res FPX Nickel V 77 Franco-Nevada* N 3200 Franco-Nevada T 3008 Franklin Mng* O 18 Freedom Egy V 15 Freegold Vent T 398 Freeport McMoR* N 113063 Freeport Res V 42 Fremont Gold V 564 O 146 Fremont Gold* Fresnillo plc* O 30 Frontier Lith V 1276 Frontline Gold V 135 Fura Gems V 1945 Fura Gems* O 23 Fusion Gold V 24

0.11 0.07 0.11 + 0.01 0.22 0.07 0.13 0.13 0.13 unch 0.00 0.30 0.11 1.34 1.25 1.30 + 0.05 1.47 0.70 1.75 1.65 1.70 + 0.04 1.80 0.91 0.18 0.16 0.16 + 0.00 0.22 0.02 0.25 0.21 0.21 unch 0.00 0.70 0.18 0.13 0.11 0.13 + 0.01 0.14 0.04 21.18 19.38 19.80 - 1.06 26.86 18.09 15.95 14.87 14.87 - 1.24 21.72 13.87 2.18 1.86 2.12 - 0.01 3.35 1.86 2.86 2.45 2.80 unch 0.00 4.40 2.45 0.05 0.03 0.05 unch 0.00 0.09 0.03 3.54 2.76 3.47 + 0.55 3.70 1.33 4.63 3.64 4.54 + 0.72 4.79 1.69 0.02 0.02 0.02 unch 0.00 0.08 0.02 0.04 0.03 0.03 - 0.01 0.11 0.03 0.10 0.08 0.10 + 0.01 0.12 0.08 0.12 0.11 0.11 + 0.01 0.28 0.09 0.10 0.09 0.09 + 0.00 0.21 0.08 0.04 0.04 0.04 unch 0.00 0.09 0.02 0.41 0.35 0.39 + 0.04 0.69 0.33 0.54 0.45 0.52 + 0.06 0.85 0.42 0.15 0.15 0.15 - 0.02 0.55 0.12 0.30 0.00 0.28 + 0.08 0.75 0.14 1.04 0.99 1.00 unch 0.00 1.39 0.88 0.02 0.02 0.02 unch 0.00 0.11 0.02 0.03 0.03 0.03 unch 0.00 0.15 0.02 0.26 0.22 0.25 unch 0.00 0.64 0.22 0.18 0.17 0.18 - 0.01 0.49 0.17 0.15 0.13 0.13 - 0.01 0.33 0.08 0.11 0.10 0.10 - 0.01 0.23 0.06 7.53 7.46 7.46 unch 0.00 9.17 4.38 10.70 9.17 9.97 unch 0.00 12.35 5.10 0.07 0.06 0.06 - 0.01 0.18 0.06 0.10 0.09 0.09 - 0.01 0.23 0.09 0.10 0.09 0.09 - 0.01 0.23 0.09 0.20 0.17 0.19 + 0.02 0.51 0.17 0.08 0.08 0.08 - 0.01 0.25 0.07 0.21 0.00 0.20 + 0.07 0.23 0.09 0.28 0.16 0.25 + 0.07 0.28 0.12 0.35 0.15 0.35 unch 0.00 5.00 2.00 0.18 0.15 0.18 unch 0.00 0.25 0.15 0.46 0.46 0.46 - 0.00 1.40 0.45 0.64 0.60 0.60 unch 0.00 1.82 0.55 0.09 0.09 0.09 unch 0.00 0.28 0.01 0.15 0.12 0.14 + 0.01 0.37 0.02 0.26 0.19 0.23 + 0.04 0.79 0.09 0.34 0.25 0.30 + 0.05 0.93 0.12 0.00 0.00 0.00 - 0.00 0.01 0.00 0.04 0.04 0.04 unch 0.00 0.13 0.01 0.04 0.03 0.04 + 0.01 0.06 0.02 0.03 0.02 0.02 - 0.01 0.05 0.02 1.38 1.25 1.37 + 0.12 1.70 0.20 0.63 0.54 0.60 - 0.00 1.72 0.54 0.86 0.70 0.79 unch 0.00 2.15 0.70 0.84 0.70 0.76 + 0.03 1.21 0.62 1.10 0.92 0.98 + 0.05 1.50 0.82 0.02 0.02 0.02 - 0.01 0.03 0.01 0.02 0.00 0.02 - 0.00 0.06 0.01 0.03 0.02 0.02 unch 0.00 0.07 0.02 0.35 0.25 0.29 + 0.03 0.65 0.23 0.20 0.20 0.20 unch 0.00 0.31 0.19 0.08 0.07 0.07 - 0.02 0.08 0.04 0.12 0.12 0.12 unch 0.00 0.55 0.10 0.10 0.10 0.10 unch 0.00 0.10 0.01 0.35 0.30 0.33 - 0.02 1.13 0.30 0.26 0.23 0.25 - 0.01 0.89 0.23 0.05 0.04 0.04 - 0.01 0.08 0.03 0.07 0.06 0.06 - 0.01 0.18 0.05 0.12 0.07 0.11 + 0.03 1.10 0.07 0.08 0.05 0.08 + 0.01 0.88 0.05 0.05 0.05 0.05 - 0.00 0.20 0.05 0.10 0.08 0.10 - 0.01 0.26 0.07 2.30 2.25 2.25 unch 0.00 2.75 2.00 0.03 0.03 0.03 - 0.01 0.34 0.02 0.26 0.19 0.23 - 0.01 0.95 0.19 0.33 0.25 0.31 - 0.01 1.18 0.25 0.04 0.00 0.04 + 0.04 2.41 0.00 0.00 0.00 0.10 unch 0.00 0.12 0.08 0.12 0.11 0.12 unch 0.00 0.17 0.07 0.07 0.07 0.07 - 0.01 0.19 0.05 0.89 0.78 0.87 + 0.06 2.14 0.67 0.62 0.59 0.61 - 0.05 1.67 0.54 0.03 0.00 0.03 - 0.00 0.13 0.01 0.04 0.04 0.04 unch 0.00 0.06 0.02 0.19 0.14 0.16 - 0.02 1.30 0.14 0.25 0.19 0.21 - 0.03 1.65 0.19 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.25 0.23 0.23 + 0.02 0.43 0.10 0.21 0.18 0.19 - 0.02 0.25 0.12 5.93 5.42 5.92 + 0.21 8.48 4.93 7.77 7.12 7.77 + 0.28 11.09 6.24 0.02 0.02 0.02 unch 0.00 0.07 0.01 0.24 0.22 0.23 - 0.01 0.51 0.21 0.32 0.29 0.29 - 0.03 0.64 0.29 0.08 0.07 0.08 + 0.01 0.13 0.06 14.20 10.81 13.49 + 1.79 23.05 10.55 1.55 1.26 1.26 - 0.23 1.96 0.22 1.21 0.97 1.01 - 0.14 1.60 0.16 0.28 0.20 0.27 + 0.08 0.28 0.08 0.21 0.15 0.21 + 0.05 0.21 0.02 0.52 0.45 0.51 + 0.04 0.72 0.43 0.68 0.61 0.68 + 0.06 0.89 0.55 0.08 0.06 0.08 + 0.02 0.25 0.06 0.06 0.04 0.04 - 0.02 0.11 0.04 0.09 0.09 0.09 unch 0.00 0.30 0.06 0.11 0.10 0.10 unch 0.00 0.40 0.09 0.02 0.01 0.02 - 0.00 0.08 0.01 0.03 0.02 0.02 unch 0.00 0.10 0.02 0.31 0.27 0.31 - 0.02 0.62 0.23 0.27 0.21 0.27 + 0.05 0.31 0.09 0.35 0.00 0.35 + 0.03 0.59 0.15 0.00 0.00 0.06 unch 0.00 3.00 0.00 3.00 + 0.35 4.30 2.53 5.17 4.88 5.14 + 0.10 7.78 4.60 3.95 3.72 3.91 + 0.07 6.08 3.53 0.30 0.00 0.26 unch 0.00 0.50 0.25 0.20 0.00 0.19 - 0.01 0.41 0.19 0.08 0.07 0.08 + 0.01 0.33 0.00 0.11 0.10 0.10 + 0.01 0.38 0.09 0.05 0.04 0.05 unch 0.00 0.09 0.04 0.03 0.03 0.03 unch 0.00 0.07 0.03 0.04 0.03 0.03 unch 0.00 0.80 0.10 0.07 0.00 0.06 unch 0.00 0.15 0.05 0.11 0.10 0.10 + 0.01 0.18 0.08 65.28 61.14 65.18 + 3.08 86.06 58.26 85.53 80.25 85.50 + 4.17 110.18 76.53 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.03 0.03 0.03 unch 0.00 0.10 0.02 0.12 0.07 0.08 - 0.04 0.13 0.06 12.69 10.95 12.24 + 0.74 20.25 10.59 0.09 0.00 0.09 - 0.02 0.10 0.03 0.15 0.14 0.15 + 0.02 0.22 0.09 0.12 0.11 0.12 + 0.00 0.17 0.07 11.45 0.00 11.40 unch 0.00 19.93 9.99 0.35 0.30 0.35 + 0.01 0.85 0.30 0.02 0.01 0.01 unch 0.00 0.03 0.01 0.37 0.00 0.34 + 0.03 1.13 0.32 0.26 0.00 0.26 + 0.02 1.23 0.24 0.17 0.14 0.17 unch 0.00 0.20 0.14

Gabriel Res V 13 Gabriel Res* O 10 Gainey Capital V 402 Galane Gold * O 150 Galane Gold V 238 Galantas Gold V 284 Galantas Gold* O 4 Galore Res V 420 17 Galway Gold * O Galway Gold V 106 Galway Mtls* O 125 Galway Mtls V 131 GAR Limited 4948 Garibaldi Res V 2144 Garibaldi Res * O 320 General Moly T 14 General Moly* X 2424 Generation Min* O 7 Generation Min 17 Generic Gold 52 Genesis Mtls* O 45 Genesis Mtls V 345 Gensource Pot V 1039 Gentor Res V 50 Geomega Res V 445 Geomega Res* O 15 Gespeg Cop Res V 147 Getty Copper V 563 O 36 GFG Resources* GGL Res* O 5 GGL Res V 76

0.33 0.33 0.33 - 0.01 0.45 0.29 0.26 0.24 0.26 + 0.01 0.34 0.22 0.07 0.07 0.07 - 0.01 0.15 0.04 0.05 0.05 0.05 unch 0.00 0.06 0.03 0.07 0.06 0.06 - 0.01 0.07 0.05 0.11 0.08 0.11 + 0.01 0.13 0.07 0.07 0.07 0.07 unch 0.00 0.10 0.06 0.05 0.03 0.05 + 0.01 0.06 0.01 0.11 0.09 0.09 + 0.00 0.12 0.07 0.13 0.12 0.12 unch 0.00 0.64 0.10 0.16 0.15 0.16 unch 0.00 0.31 0.12 0.20 0.18 0.18 - 0.01 0.39 0.16 0.16 0.13 0.16 + 0.01 0.65 0.07 1.53 1.10 1.14 - 0.34 5.05 1.27 1.16 0.84 0.88 - 0.28 3.92 0.96 0.30 0.26 0.27 + 0.01 0.63 0.26 0.23 0.19 0.22 + 0.02 0.46 0.19 0.11 0.11 0.11 unch 0.00 0.11 0.08 0.15 0.00 0.15 unch 0.00 0.20 0.08 0.27 0.23 0.23 - 0.05 0.32 0.15 0.07 0.06 0.07 + 0.01 0.12 0.04 0.10 0.08 0.09 - 0.01 0.15 0.05 0.12 0.10 0.11 - 0.01 0.16 0.06 0.10 0.10 0.10 unch 0.00 0.17 0.06 0.11 0.09 0.10 - 0.01 0.20 0.06 0.07 0.07 0.07 unch 0.00 0.12 0.05 0.04 0.03 0.04 + 0.01 0.06 0.02 0.04 0.03 0.03 - 0.01 0.07 0.02 0.20 0.18 0.18 - 0.02 0.48 0.15 0.07 0.07 0.07 unch 0.00 0.13 0.07 0.10 0.00 0.10 + 0.02 0.19 0.08

G-H

20-23_NOV12_StockTables.indd 21

(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

GGX Gold V 830 GGX Gold* O 25 Giga Metals V 471 Giga Metals* O 69 Gitennes Expl V 130 Giyani Gold V 375 Giyani Gold* O 43 Glacier Lake* O 75 Glacier Lake V 352 O 388 Gldn Predator* Gldn Predator V 442 Glen Eagle Res V 233 Glencore Plc* O 1535 Global Atomic V 237 O 5 Global Atomic* Global Cobalt* O 80 Global Energy V 150 Global Energy* O 0 Global Gold* O 1 O 12 Global Hunter* Global Li-Ion 47 Global Li-Ion* O 34 Global Vanad V 620 Global Vanad* O 2 1 GlobalMin Vent* O Globex Mng* O 30 Globex Mng T 506 GMV Minerals V 110 GMV Minerals* O 14 O 334282 GNCC Capital* Go Cobalt 333 GobiMin V 25 GoGold Res T 1936 Gold Dynamics* O 0 Gold Fields* O 15 Gold Fields* N 21067 Gold Finder Ex V 259 Gold Finder Ex* O 96 Gold Lakes* O 39 Gold Reserve V 7 Gold Reserve* O 93 Gold Resource* X 3513 Gold Rush Cari V 706 Gold Rush Cari* O 11 494 Gold Std Vents T Gold Std Vents* X 1503 Goldbank Mng V 0 Goldcliff Res* O 165 Goldcliff Res V 268 Goldcorp T 25764 Goldcorp* N 74567 Golden Arrow V 109 Golden Arrow* O 293 Golden Band* O 144 V 19 Golden Cariboo Golden Dawn Ml V 1863 Golden Dawn Ml* O 15 Golden Goliath* O 75 Golden Goliath V 495 Golden Harp V 25 Golden Hope V 117 Golden Hope* O 2 Golden Mnls T 46 Golden Mnls* X 962 77 Golden Peak Mn* O Golden Peak Mn V 1514 Golden Pursuit V 113 Golden Queen T 150 Golden Queen* O 133 Golden Reign V 210 Golden Ridge V 2275 Golden Secret V 498 Golden Share V 74 Golden Share* O 20 Golden Star T 294 Golden Star* X 3409 Golden Sun* O 40 Golden Tag V 27 Golden Valley V 72 O 65 Golden Valley* Goldex Res* O 3 Goldex Res V 77 Goldgroup Mng T 279 Goldgroup Mng* O 67 GoldMining T 574 GoldMining* O 376 GoldON Res V 7 GoldON Res* O 2 Goldplay Expl* O 3 Goldplay Expl V 77 GoldQuest Mng V 1939 Goldrea Res 157 Goldrea Res* O 32 Goldrich Mng* O 71 O 118 Goldsource Min* Goldsource Min V 483 Goldstar Mnls V 168 Goldstream Mnl V 680 Goldstrike Res V 1461 GoldTrain Res 33 Goliath Res V 1411 Goliath Res* O 363 Gossan Res V 265 GoviEx Uranium* O 956 GoviEx Uranium V 1762 Gowest Gold* O 89 Gowest Gold V 2962 GPM Metals V 256 Gran Colombia* O 69 T 260 Gran Colombia Granada Gold V 480 Granada Gold* O 305 Grande Portage V 2296 Grande Portage* O 176 Graphite Egy* O 101 Graphite Egy 58 Graphite One* O 1462 Graphite One V 468 Gratomic V 4709 Gratomic* O 121 Gray Rock Res V 7 Great Atlantic V 197 Great Bear Res V 853 Great Bear Res* O 130 Great Lakes Gr* O 153 Great Lakes Gr V 497 Great Panther T 1129 Great Panther* X 3635 Great Thunder V 1265 O 180 Great Western* Greatbanks Res* O 1 Green Arrow V 7 Green River 1760 Green Swan Cap V 888 65 Green Valley M V Greencastle Rs V 188 Greenland M&En* O 316 Grenville Gold* O 40 Grid Metals V 228 Grid Metals* O 4 Grizzly Discvr* O 25 Grizzly Discvr V 86 Group Eleven V 311 Group Ten Mtls* O 123 124 Group Ten Mtls V GrowMax Res* O 26 GrowMax Res V 318 GT Gold V 5616 GT Gold * O 195 81 GTA Res & Mng V Guerrero Vents V 0 Gungnir Res V 249 Gungnir Res* O 170 Gunpoint Expl V 13 T 17366 Guyana Gldflds Guyana Goldstr V 232 Guyana Goldstr* O 26 Handa Mining* O 5 Handa Mining V 29 O 11 Handeni Gold* Hannan Metals V 41 Hannan Metals* O 57 Happy Ck Mnrls V 143 Harfang Explor V 81 N 14754 Harmony Gold* Harte Gold T 3059 Harte Gold* O 838 Harvest Gold* O 736 Harvest Gold V 1085 V 67 Havilah Mining Havilah Mining* O 19 Hawkeye Gld&Di V 944 Heatherdale Rs V 266 Hecla Mining* N 25816

0.08 0.07 0.08 + 0.01 0.16 0.07 0.06 0.00 0.06 + 0.00 0.11 0.05 0.28 0.21 0.26 + 0.08 0.92 0.15 0.21 0.14 0.21 + 0.07 0.72 0.12 0.04 0.03 0.04 - 0.01 0.15 0.03 0.18 0.16 0.17 unch 0.00 0.40 0.15 0.14 0.13 0.13 - 0.01 0.31 0.12 0.02 0.02 0.02 unch 0.00 0.06 0.02 0.03 0.03 0.03 unch 0.00 0.12 0.03 0.23 0.21 0.22 - 0.01 0.74 0.21 0.30 0.28 0.29 - 0.01 0.87 0.27 0.15 0.13 0.15 + 0.01 0.25 0.11 8.62 7.67 8.30 + 0.57 11.68 7.35 0.38 0.34 0.35 - 0.03 0.45 0.20 0.27 0.27 0.27 unch 0.00 0.31 0.16 0.00 0.00 0.00 unch 0.00 0.43 0.00 0.08 0.07 0.07 - 0.01 0.27 0.06 0.05 0.05 0.05 + 0.00 0.22 0.05 1.85 1.85 1.85 unch 0.00 5.77 1.78 0.01 0.01 0.01 unch 0.00 0.10 0.00 0.10 0.08 0.09 - 0.01 0.87 0.09 0.08 0.06 0.06 - 0.01 0.67 0.07 0.25 0.18 0.22 unch 0.00 0.25 0.16 0.21 0.21 0.21 - 0.00 0.29 0.21 1.10 1.10 1.10 unch 0.00 140.00 0.55 0.24 0.21 0.22 - 0.02 0.40 0.21 0.33 0.27 0.28 - 0.03 0.51 0.27 0.23 0.23 0.23 unch 0.00 0.38 0.14 0.18 0.18 0.18 + 0.00 0.30 0.12 0.00 0.00 0.00 - 0.00 0.00 0.00 0.34 0.26 0.32 - 0.03 0.38 0.07 0.33 0.33 0.33 unch 0.00 0.46 0.30 0.25 0.22 0.22 - 0.04 0.53 0.23 0.00 0.00 0.00 unch 0.00 0.01 0.00 2.60 2.60 2.60 unch 0.00 4.25 2.40 2.82 2.63 2.74 unch 0.00 4.54 2.20 0.16 0.13 0.13 - 0.04 1.85 0.13 0.11 0.10 0.11 + 0.00 1.33 0.00 0.03 0.00 0.02 - 0.01 0.50 0.01 3.34 3.21 3.21 - 0.07 5.14 2.50 2.56 2.42 2.43 - 0.07 4.01 2.05 5.57 4.16 4.18 - 1.35 7.33 3.62 0.15 0.11 0.11 - 0.04 0.35 0.10 0.10 0.10 0.10 unch 0.00 0.29 0.07 2.06 1.85 1.85 - 0.19 2.46 1.50 1.58 1.41 1.42 - 0.14 2.01 1.15 0.00 0.00 0.14 unch 0.00 0.21 0.13 0.06 0.04 0.06 + 0.01 0.41 0.04 0.08 0.06 0.08 + 0.01 0.52 0.06 12.71 11.32 12.65 + 1.07 19.32 11.00 9.71 8.62 9.63 + 0.79 15.55 8.42 0.29 0.26 0.28 + 0.01 0.72 0.23 0.22 0.19 0.21 + 0.00 0.58 0.18 0.00 0.00 0.00 + 0.00 0.01 0.00 0.05 0.05 0.05 unch 0.00 0.14 0.05 0.05 0.04 0.05 unch 0.00 0.63 0.04 0.05 0.03 0.03 - 0.01 0.31 0.04 0.03 0.03 0.03 unch 0.00 0.05 0.01 0.04 0.03 0.03 - 0.01 0.06 0.02 0.13 0.13 0.13 unch 0.00 0.20 0.01 0.09 0.09 0.09 - 0.01 0.12 0.06 0.07 0.00 0.07 - 0.02 0.09 0.05 0.35 0.30 0.31 + 0.01 0.60 0.26 0.27 0.22 0.23 - 0.01 0.49 0.19 0.20 0.15 0.15 - 0.07 0.41 0.15 0.29 0.19 0.25 unch 0.00 0.56 0.16 0.11 0.10 0.11 + 0.01 0.21 0.08 0.15 0.14 0.15 + 0.01 0.29 0.14 0.12 0.10 0.11 unch 0.00 0.23 0.10 0.20 0.16 0.20 + 0.02 0.31 0.15 0.19 0.15 0.18 + 0.01 0.54 0.11 2.95 2.30 2.80 unch 0.00 5.00 2.20 0.11 0.10 0.10 - 0.01 0.30 0.09 0.07 0.07 0.07 unch 0.00 0.20 0.07 4.83 0.89 4.10 - 0.70 5.85 3.50 3.75 0.67 3.13 - 0.47 4.60 2.81 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.05 0.05 0.05 unch 0.00 0.08 0.03 0.25 0.25 0.25 unch 0.00 0.30 0.22 0.19 0.19 0.19 unch 0.00 0.25 0.16 0.18 0.14 0.14 - 0.03 1.96 0.15 0.24 0.19 0.19 - 0.04 2.56 0.19 0.06 0.05 0.06 + 0.01 0.09 0.05 0.05 0.03 0.04 + 0.01 0.07 0.03 0.90 0.81 0.81 - 0.04 1.57 0.75 0.69 0.62 0.63 - 0.03 1.25 0.58 0.13 0.00 0.13 - 0.02 0.20 0.12 0.11 0.09 0.09 - 0.02 0.13 0.09 0.16 0.16 0.16 unch 0.00 0.17 0.16 0.22 0.20 0.21 + 0.01 0.32 0.16 0.14 0.09 0.11 - 0.04 0.46 0.09 0.06 0.05 0.06 unch 0.00 0.38 0.04 0.04 0.04 0.04 - 0.00 0.30 0.04 0.02 0.02 0.02 - 0.00 0.04 0.02 0.06 0.05 0.06 - 0.00 0.10 0.03 0.08 0.07 0.08 - 0.01 0.12 0.05 0.05 0.04 0.04 - 0.01 0.12 0.03 0.05 0.04 0.05 + 0.01 0.18 0.04 0.20 0.14 0.19 + 0.05 0.28 0.09 0.22 0.00 0.20 - 0.02 0.40 0.19 0.11 0.09 0.10 + 0.01 0.33 0.08 0.08 0.07 0.08 + 0.00 0.21 0.07 0.10 0.07 0.08 unch 0.00 0.12 0.05 0.16 0.14 0.16 + 0.00 0.22 0.19 0.22 + 0.02 0.33 0.17 0.04 0.03 0.03 - 0.00 0.14 0.03 0.05 0.04 0.04 unch 0.00 0.20 0.04 0.05 0.04 0.05 + 0.01 0.08 0.04 1.93 1.72 1.85 + 0.05 2.62 1.39 2.52 2.25 2.45 + 0.14 3.45 1.80 0.16 0.14 0.16 unch 0.00 0.42 0.12 0.13 0.11 0.13 + 0.02 0.33 0.10 0.23 0.16 0.20 - 0.05 0.35 0.14 0.16 0.13 0.13 - 0.06 0.25 0.12 0.06 0.05 0.05 - 0.00 1.56 0.05 0.07 0.00 0.07 unch 0.00 1.76 0.07 0.04 0.03 0.04 - 0.00 0.09 0.03 0.05 0.05 0.05 unch 0.00 0.12 0.04 0.13 0.10 0.13 + 0.03 0.32 0.06 0.10 0.08 0.10 + 0.02 0.21 0.05 0.09 0.08 0.08 - 0.01 0.35 0.05 0.06 0.05 0.06 + 0.01 0.15 0.05 3.34 2.72 3.22 + 0.39 3.50 0.26 2.55 2.02 2.41 + 0.24 2.65 0.21 0.03 0.02 0.03 + 0.00 0.08 0.02 0.03 0.03 0.03 - 0.01 0.08 0.03 0.95 0.80 0.81 - 0.02 1.86 0.80 0.72 0.62 0.63 - 0.02 1.45 0.62 0.02 0.02 0.02 unch 0.00 0.05 0.02 0.00 0.00 0.00 unch 0.00 0.01 0.00 0.01 0.01 0.01 unch 0.00 0.02 0.01 0.03 0.03 0.03 unch 0.00 0.19 0.02 0.05 0.04 0.05 - 0.01 0.09 0.03 0.07 0.04 0.05 unch 0.00 0.09 0.03 0.33 0.20 0.33 + 0.10 0.50 0.08 0.06 0.06 0.06 unch 0.00 0.18 0.06 0.07 0.06 0.07 + 0.00 0.10 0.05 0.07 0.07 0.07 unch 0.00 0.07 0.06 0.08 0.06 0.06 - 0.02 0.52 0.06 0.05 0.00 0.05 unch 0.00 0.37 0.05 0.07 0.07 0.07 unch 0.00 0.11 0.03 0.09 0.08 0.08 unch 0.00 0.15 0.04 0.16 0.13 0.15 + 0.01 0.40 0.12 0.12 0.10 0.12 + 0.01 0.23 0.10 0.16 0.14 0.15 - 0.01 0.28 0.14 0.07 0.06 0.07 - 0.00 0.13 0.06 0.09 0.08 0.09 unch 0.00 0.19 0.08 2.15 1.70 1.85 + 0.15 2.15 0.41 1.62 1.30 1.41 + 0.10 1.62 0.31 0.02 0.02 0.02 unch 0.00 0.06 0.02 0.00 0.00 0.10 unch 0.00 0.30 0.09 0.13 0.11 0.11 - 0.01 0.39 0.09 0.09 0.08 0.08 - 0.01 0.29 0.07 0.43 0.00 0.41 - 0.13 0.55 0.16 3.11 1.29 1.76 - 1.31 5.42 1.29 0.29 0.26 0.29 + 0.02 0.39 0.19 0.21 0.00 0.21 + 0.00 0.28 0.14 0.04 0.00 0.04 - 0.00 0.12 0.04 0.07 0.00 0.07 unch 0.00 0.18 0.05 0.04 0.04 0.04 unch 0.00 0.13 0.02 0.13 0.11 0.13 + 0.01 0.39 0.10 0.11 0.08 0.11 + 0.01 0.31 0.08 0.16 0.15 0.16 + 0.01 0.23 0.13 0.25 0.22 0.24 - 0.01 0.35 0.20 2.02 1.83 1.87 - 0.09 2.53 1.43 0.42 0.37 0.41 - 0.01 0.55 0.29 0.32 0.28 0.28 - 0.04 0.44 0.22 0.05 0.03 0.05 - 0.00 0.08 0.03 0.06 0.05 0.06 unch 0.00 0.10 0.04 0.36 0.00 0.33 - 0.03 0.69 0.25 0.27 0.00 0.26 - 0.00 0.35 0.20 0.07 0.05 0.05 unch 0.00 0.12 0.04 0.03 0.00 0.02 - 0.01 0.07 0.02 2.64 2.35 2.58 + 0.13 4.75 2.35

(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

Helio Res V 2 Hellix Vent* O 189 O 1 Hemcare Health* Heron Res* O 4 Highbank Res V 326 Highbury Proj V 8 Highland Copp* O 147 Highland Copp V 363 Highway 50 Gld V 11 HiHo Silver 403 Hinterland Mtl V 63 Hochschild Mg* O 3 Honey Badger E* O 20 276 Honey Badger E V Horizonte Mnls T 229 Hornby Bay Mnl V 116 HudBay Mnls* N 5377 HudBay Mnls T 14455 Hudson Res V 266 Hudson Res* O 19 Hunt Mng* O 54 Hunt Mng V 14 Hut 8 Mining* O 21 176 Hut 8 Mining V Hybrid Mineral V 421

0.00 0.00 0.08 unch 0.00 0.50 0.07 0.02 0.01 0.01 - 0.01 0.06 0.01 1.24 1.21 1.21 - 0.07 1.38 0.05 0.42 0.42 0.42 unch 0.00 0.80 0.37 0.03 0.03 0.03 unch 0.00 0.06 0.02 0.25 0.25 0.25 unch 0.00 0.35 0.21 0.08 0.07 0.07 + 0.01 0.13 0.04 0.10 0.08 0.09 + 0.01 0.16 0.06 0.35 0.32 0.35 + 0.03 0.48 0.22 0.06 0.00 0.04 - 0.01 0.14 0.03 0.03 0.02 0.02 unch 0.00 0.05 0.02 2.23 2.11 2.11 - 0.12 3.55 2.00 0.04 0.04 0.04 unch 0.00 0.16 0.03 0.05 0.04 0.04 unch 0.00 0.20 0.04 0.06 0.05 0.05 - 0.01 0.11 0.05 0.03 0.03 0.03 - 0.01 0.08 0.00 5.13 3.44 5.05 + 1.28 10.25 3.44 6.71 4.51 6.62 + 1.67 12.65 4.51 0.44 0.43 0.44 unch 0.00 0.64 0.38 0.34 0.32 0.34 + 0.02 0.52 0.29 0.14 0.13 0.14 + 0.01 0.41 0.10 0.19 0.18 0.19 + 0.01 0.51 0.14 2.24 1.94 2.09 - 0.13 3.74 1.88 2.93 2.50 2.69 - 0.21 5.00 0.05 0.08 0.00 0.08 unch 0.00 0.55 0.06

I-Minerals* O 150 I-Minerals V 96 IAMGOLD T 7643 IAMGOLD* N 28536 Iconic Mnls * O 138 Iconic Mnls V 1903 IDM Mining* O 258 IDM Mining V 746 IEMR Res V 31 iMetal Res V 2023 iMetal Res* O 261 IMPACT Silver V 393 Imperial Metal T 249 Imperial Metal* O 12 Imperial Mg Gr V 165 23 Inca One Gold* O Inca One Gold V 521 20 Inception Mng * O Independence G V 201 O 10 Independence G* Indico Res V 1049 Indigo Expl V 500 Infinite Lith V 394 Infinite Lith* O 10 Inform Res V 0 Infrastructure* O 1081 Inomin Mines V 3 O 20 Inspiration Mg* Inspiration Mg 501 Intact Gold V 37 Integra Res* O 61 Integra Res V 319 Inter-Rock Mnl V 158 Intercontinent V 1252 O 9 Intercontinent* Intgr Egy Sol* O 817 Intl Battery* O 294 Intl Battery 991 198 Intl Bethl Mng V Intl Cobalt* O 334 Intl Cobalt 243 Intl Corona V 575 Intl Lithium* O 34 Intl Lithium V 166 Intl Montoro* O 500 Intl Montoro V 56 Intl Prospect * O 4 Intl Prospect V 8 1 Intl Samuel Ex* O Intl Samuel Ex V 503 24718 Intl Star* O Intl Tower Hil* X 502 Intl Tower Hil T 70 Intl Zeolite V 416 Intl Zeolite* O 35 Intrepid Pots* N 6863 INV Metals T 58 Inventus Mg V 294 Inventus Mg * O 224 InZinc Mining* O 267 InZinc Mining V 462 Ireland* O 135 Ironside Res V 289 Irving Res 306 Irving Res* O 136 IsoEnergy Ltd V 272 Itafos* O 17 V 88 Itafos Itoco Mg Corp* O 24 O 608 Ivanhoe Mines* Ivanhoe Mines T 5268 Jade Leader* O 153 Jade Leader V 99 Jaeger Res * O 1 Jaeger Res V 2 Jaguar Mng T 192 Jaguar Mng* O 117 Japan Gold V 85 Japan Gold* O 20 Jasper Mng V 170 Jaxon Mining* O 118 Jaxon Mining V 697 Jazz Res V 100 Jiminex V 171 Jourdan Res V 472 Juggernaut Exp V 5145 Juggernaut Exp* O 284 K2 Gold V 125 K92 Mng Inc* O 309 543 K92 Mng Inc V Kaizen Discov V 319 Kaizen Discvry* O 10 Kapuskasing Gd V 592 Karmin Expl V 36 Karnalyte Res T 124 Karoo Expl V 434 KAT Expl* O 1709 Katanga Mng T 1105 V 605 Kenadyr Mining Kenadyr Mining* O 1 Kermode Res V 1000 Kerr Mines* O 50 Kerr Mines T 224 Kesselrun Res V 16 Kesselrun Res* O 1 Kestrel Gold V 150 Khan Res 31 Kilo Goldmines* O 100 Kilo Goldmines V 5217 Kincora Copper V 7 Kings Bay Res V 228 Kingsmen Res V 92 Kingsmen Res* O 1 Kinross Gold T 14963 76254 Kinross Gold* N Kintavar Exp V 688 Kirkland Lake* N 7204 Kirkland Lake T 3747 Klondike Gold* O 156 Klondike Gold V 378 Klondike Silv* O 102 Klondike Silv V 719 Kombat Copper V 76 Komet Resource V 207 Kootenay Silvr* O 29 Kootenay Silvr V 150 Kootenay Zinc 56 Kootenay Zinc* O 24 Kutcho Copper * O 50 KWG Res* O 500 KWG Res 1344

0.12 0.12 0.12 unch 0.00 0.28 0.12 0.16 0.15 0.15 - 0.01 0.36 0.15 4.95 4.43 4.82 + 0.01 8.20 4.43 3.78 3.37 3.68 + 0.01 6.52 3.37 0.10 0.07 0.09 + 0.02 0.28 0.04 0.13 0.09 0.12 + 0.03 0.43 0.04 0.05 0.04 0.05 + 0.00 0.10 0.04 0.06 0.06 0.06 unch 0.00 0.12 0.06 0.02 0.02 0.02 - 0.01 0.05 0.02 0.12 0.10 0.12 + 0.02 0.18 0.05 0.09 0.07 0.09 + 0.00 0.12 0.05 0.30 0.26 0.28 - 0.01 0.56 0.26 1.42 1.16 1.34 + 0.13 3.47 0.93 1.03 0.92 1.01 + 0.09 2.77 0.72 0.08 0.08 0.08 unch 0.00 0.27 0.05 0.03 0.03 0.03 unch 0.00 0.09 0.03 0.04 0.04 0.04 unch 0.00 0.11 0.04 0.19 0.00 0.19 + 0.07 0.33 0.05 0.05 0.05 0.05 - 0.01 0.15 0.05 0.04 0.00 0.03 - 0.00 0.11 0.03 0.01 0.01 0.01 unch 0.00 0.03 0.01 0.02 0.02 0.02 unch 0.00 0.04 0.02 0.11 0.10 0.11 unch 0.00 0.45 0.09 0.08 0.08 0.08 - 0.02 0.34 0.08 0.00 0.00 0.08 unch 0.00 0.39 0.08 0.00 0.00 0.00 + 0.00 0.00 0.00 0.05 0.05 0.05 unch 0.00 0.20 0.03 0.02 0.02 0.02 unch 0.00 0.20 0.01 0.03 0.03 0.03 unch 0.00 0.27 0.02 0.10 0.10 0.10 unch 0.00 1.18 0.10 0.65 0.61 0.62 - 0.03 1.83 0.05 0.85 0.79 0.82 - 0.01 1.40 0.77 0.26 0.23 0.23 - 0.03 0.59 0.23 0.22 0.15 0.19 - 0.06 0.65 0.11 0.17 0.15 0.15 - 0.02 0.47 0.12 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.15 0.10 0.11 - 0.03 0.69 0.11 0.19 0.13 0.14 - 0.05 0.89 0.13 0.06 0.05 0.05 - 0.01 0.17 0.03 0.06 0.00 0.06 + 0.00 0.31 0.05 0.08 0.07 0.07 - 0.01 0.45 0.07 0.04 0.03 0.04 unch 0.00 0.08 0.03 0.06 0.05 0.06 + 0.01 0.18 0.05 0.08 0.07 0.08 + 0.01 0.23 0.07 0.03 0.03 0.03 unch 0.00 0.06 0.03 0.05 0.04 0.05 unch 0.00 0.08 0.04 0.16 0.10 0.16 + 0.05 0.28 0.10 0.21 0.00 0.14 - 0.04 0.38 0.12 0.05 0.05 0.05 unch 0.00 0.10 0.05 0.06 0.04 0.05 - 0.01 0.22 0.03 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.55 0.45 0.51 - 0.02 0.78 0.29 0.72 0.60 0.66 - 0.02 0.99 0.38 0.11 0.08 0.08 - 0.03 0.50 0.05 0.08 0.07 0.07 unch 0.00 0.38 0.05 4.20 3.25 4.00 + 0.69 5.31 3.12 0.48 0.39 0.43 - 0.03 0.90 0.35 0.14 0.11 0.12 - 0.01 0.34 0.11 0.09 0.08 0.09 - 0.00 0.27 0.08 0.05 0.04 0.05 - 0.00 0.19 0.03 0.06 0.05 0.06 unch 0.00 0.24 0.05 0.14 0.12 0.13 - 0.01 0.26 0.05 0.15 0.10 0.10 - 0.04 0.20 0.08 1.35 1.11 1.32 + 0.02 1.52 0.66 1.04 0.85 1.04 + 0.04 1.22 0.52 0.34 0.29 0.33 unch 0.00 0.73 0.26 1.09 0.88 0.96 - 0.13 2.25 0.88 1.38 1.16 1.30 - 0.07 2.90 1.14 0.29 0.15 0.28 + 0.08 0.60 0.02 2.17 1.70 2.08 + 0.29 3.95 1.53 2.86 2.24 2.73 + 0.38 5.01 2.00 0.23 0.14 0.23 + 0.01 0.38 0.14 0.29 0.00 0.29 + 0.10 0.50 0.18 0.02 0.00 0.02 unch 0.00 0.06 0.02 0.03 0.00 0.03 unch 0.00 0.07 0.02 0.21 0.20 0.21 + 0.01 0.41 0.18 0.16 0.14 0.15 - 0.01 0.33 0.13 0.13 0.12 0.13 + 0.01 0.35 0.07 0.10 0.00 0.10 + 0.01 0.28 0.06 0.17 0.15 0.15 unch 0.00 0.29 0.07 0.10 0.08 0.09 - 0.01 0.24 0.08 0.13 0.11 0.11 - 0.02 0.30 0.10 0.04 0.04 0.04 unch 0.00 0.09 0.03 0.04 0.04 0.04 unch 0.00 0.28 0.04 0.05 0.03 0.04 - 0.02 0.13 0.03 0.21 0.16 0.16 + 0.01 0.59 0.13 0.15 0.12 0.13 + 0.02 1.10 0.11 0.19 0.18 0.18 - 0.01 0.33 0.17 0.69 0.61 0.67 + 0.03 0.79 0.31 0.90 0.81 0.87 + 0.06 1.04 0.41 0.07 0.06 0.07 - 0.01 0.14 0.05 0.07 0.07 0.07 unch 0.00 0.10 0.04 0.02 0.02 0.02 unch 0.00 0.05 0.01 0.75 0.00 0.71 + 0.01 1.37 0.62 0.28 0.23 0.24 - 0.05 0.61 0.23 0.08 0.07 0.07 - 0.02 1.10 0.07 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.69 0.56 0.65 + 0.09 2.83 0.55 0.09 0.08 0.09 - 0.01 0.21 0.08 0.06 0.06 0.06 - 0.02 0.16 0.06 0.01 0.01 0.01 unch 0.00 0.03 0.01 0.11 0.10 0.11 + 0.01 0.28 0.10 0.14 0.13 0.14 + 0.01 0.35 0.13 0.06 0.00 0.06 + 0.01 0.23 0.05 0.03 0.03 0.03 - 0.01 0.17 0.03 0.02 0.02 0.02 unch 0.00 0.08 0.02 0.07 0.06 0.07 + 0.01 0.18 0.06 0.02 0.02 0.02 unch 0.00 0.06 0.01 0.03 0.02 0.03 + 0.01 0.07 0.01 0.14 0.13 0.13 unch 0.00 0.40 0.11 0.04 0.04 0.04 unch 0.00 0.16 0.04 0.34 0.27 0.34 + 0.04 0.38 0.10 0.22 0.22 0.22 - 0.02 0.29 0.07 3.69 3.37 3.62 + 0.15 5.90 3.37 2.82 2.57 2.75 + 0.11 4.78 2.57 0.18 0.15 0.17 - 0.01 0.65 0.10 20.30 19.10 20.24 + 0.10 23.86 12.51 26.61 25.10 26.51 + 0.11 30.94 16.05 0.16 0.14 0.15 - 0.00 0.34 0.13 0.21 0.19 0.19 - 0.01 0.44 0.19 0.05 0.04 0.04 - 0.00 0.08 0.02 0.07 0.05 0.05 - 0.01 0.10 0.04 0.10 0.00 0.10 - 0.01 0.47 0.09 0.23 0.21 0.23 - 0.03 0.48 0.16 0.09 0.08 0.09 + 0.00 0.20 0.08 0.12 0.11 0.12 unch 0.00 0.25 0.11 0.10 0.08 0.08 - 0.01 0.90 0.07 0.08 0.04 0.06 - 0.02 0.66 0.04 0.24 0.20 0.22 - 0.01 0.84 0.20 0.01 0.01 0.01 unch 0.00 0.02 0.01 0.02 0.01 0.01 unch 0.00 0.02 0.01

Labdr Iron Mns* O 19 Labrador Gold V 226 Labrador Gold* O 8 Labrador Iron T 1401 Lara Expl V 62 Laramide Res T 1639 Laredo Res* O 545 Largo Res T 10213 Largo Res* O 5559 Lateral Gold V 58 Latin Am Mnls V 125 Latin Am Mnls* O 2

0.00 0.00 0.00 + 0.00 0.11 0.00 0.22 0.16 0.22 + 0.04 0.35 0.16 0.17 0.17 0.17 unch 0.00 0.21 0.11 29.44 27.20 28.50 + 1.11 29.25 20.26 0.55 0.52 0.52 - 0.01 0.99 0.52 0.49 0.39 0.49 + 0.10 0.55 0.24 0.01 0.01 0.01 - 0.00 0.05 0.00 4.50 3.76 3.98 - 0.07 4.50 0.83 3.43 2.86 3.04 - 0.10 3.48 0.64 0.40 0.36 0.40 unch 0.00 0.94 0.35 0.02 0.00 0.02 unch 0.00 0.15 0.02 0.02 0.01 0.01 - 0.01 0.11 0.01

I-J-K

L

(100s) Stock

Week

21

12-month

Exc Volume High Low Last Change High Low

Laurion Mnl Ex* O 41 Laurion Mnl Ex V 261 Le Mare Gold* O 6 LeadFX Inc* O 0 Leading Edge V 541 Leading Edge* O 658 Leagold Mg* O 327 Leagold Mg T 725 Leeta Gold V 2981 Leo Res* O 42 Levon Res Ltd T 257 Levon Res Ltd * O 190 Libero Copper V 55 Liberty Gold* O 93 Liberty One Li V 119 Liberty One Li* O 352 LiCo Energy* O 222 LiCo Energy V 105 Lincoln Mng V 1725 Lion One Mtls V 78 Lion One Mtls* O 62 Lions Bay Cap V 740 Lions Gate Mtl* O 0 Lithium Amer T 1774 Lithium Amer* N 1861 Lithium Chile* O 90 Lithium Chile V 217 Lithium Corp* O 110 O 20 Lithium Energi* Lithium Energi V 708 Lithium Energy V 132 Lithium Expl* O 636 Lithoquest Dia V 265 LKA Gold* O 9 Lode-Star Mg* O 22 Lomiko Mtls* O 50 Lomiko Mtls V 38 Loncor Res* O 57 Loncor Res T 358 Lone Star Gold* O 52 Lonmin plc* O 12 Lonmin plc* O 25 Lorraine Coppr* O 241 V 971 Lorraine Coppr Los Andes Copp V 199 LSC Lithium* O 39 Lucara Diam T 1016 Lucky Mnls * O 177 Lucky Mnls V 2464 Luckystrike * O 7 Luckystrike V 88 Lumina Gold* O 19 Lumina Gold V 132 Luminex Res V 19 Lund Enterpr V 19 Lundin Gold T 258 Lundin Mng T 17762 Lupaka Gold V 486 Lydian Intl* O 144 Lydian Intl T 981 Lynas Corp* O 207 Lynas Corp* O 95

0.07 0.07 0.07 - 0.00 0.08 0.01 0.10 0.09 0.10 + 0.01 0.11 0.01 0.04 0.00 0.04 + 0.04 0.63 0.00 0.00 0.00 0.77 unch 0.00 1.57 0.65 0.35 0.25 0.31 unch 0.00 1.01 0.25 0.27 0.19 0.22 - 0.02 0.80 0.19 1.29 1.06 1.22 - 0.02 2.66 1.06 1.69 1.38 1.60 - 0.01 3.25 1.38 0.57 0.46 0.50 - 0.06 6.75 0.46 0.28 0.20 0.25 - 0.03 0.86 0.01 0.18 0.16 0.16 - 0.01 0.39 0.14 0.14 0.12 0.14 + 0.01 0.32 0.11 0.10 0.00 0.10 + 0.02 0.15 0.07 0.29 0.27 0.29 + 0.01 0.42 0.26 0.14 0.13 0.14 + 0.01 2.26 0.13 0.12 0.10 0.10 - 0.01 0.09 0.07 0.09 + 0.01 0.90 0.01 0.12 0.10 0.12 + 0.01 2.00 0.10 0.02 0.01 0.02 unch 0.00 0.05 0.01 0.49 0.45 0.49 + 0.04 0.76 0.45 0.34 0.34 0.34 - 0.01 0.62 0.34 0.09 0.08 0.08 - 0.01 0.25 0.06 0.06 0.00 0.06 - 0.00 0.42 0.05 5.50 4.00 5.46 + 0.75 14.06 4.00 4.20 3.04 4.15 + 0.54 10.95 3.04 0.50 0.43 0.44 - 0.05 0.97 0.42 0.67 0.56 0.59 - 0.05 1.35 0.56 0.14 0.12 0.14 + 0.01 0.62 0.08 0.21 0.18 0.21 + 0.03 0.75 0.18 0.36 0.26 0.26 - 0.02 0.97 0.24 0.11 0.09 0.11 + 0.01 1.50 0.09 0.01 0.01 0.01 - 0.00 0.13 0.01 0.22 0.18 0.22 - 0.01 0.88 0.14 0.15 0.15 0.15 - 0.00 0.30 0.05 0.03 0.03 0.03 unch 0.00 0.05 0.02 0.04 0.03 0.04 + 0.01 0.24 0.03 0.05 0.05 0.05 + 0.01 0.31 0.04 0.07 0.06 0.07 unch 0.00 0.09 0.04 0.10 0.00 0.09 - 0.01 0.14 0.06 0.01 0.01 0.01 unch 0.00 0.03 0.00 0.70 0.55 0.68 - 0.09 1.40 0.45 0.63 0.63 0.63 unch 0.00 0.90 0.53 0.10 0.08 0.09 - 0.00 0.12 0.01 0.14 0.11 0.13 + 0.01 0.19 0.07 0.27 0.24 0.25 - 0.02 0.40 0.20 0.43 0.31 0.40 + 0.14 1.31 0.24 2.20 2.10 2.20 + 0.07 2.91 1.97 0.14 0.12 0.12 - 0.01 0.16 0.06 0.20 0.15 0.17 - 0.03 0.21 0.09 0.21 0.20 0.21 - 0.00 0.35 0.20 0.33 0.25 0.31 + 0.05 0.55 0.21 0.50 0.44 0.45 - 0.02 0.67 0.44 0.62 0.59 0.59 - 0.03 0.85 0.59 0.69 0.61 0.61 - 0.03 1.05 0.51 0.15 0.14 0.14 - 0.02 0.25 0.11 4.84 4.60 4.70 - 0.01 5.52 4.07 6.20 5.09 5.80 + 0.55 10.22 4.70 0.15 0.12 0.13 - 0.02 0.29 0.11 0.21 0.12 0.14 + 0.01 0.50 0.12 0.28 0.16 0.18 + 0.01 0.63 0.15 1.53 1.29 1.49 + 0.25 2.20 0.14 1.55 1.27 1.48 + 0.23 2.20 0.55

M M.P.V. Explor 115 0.11 0.09 0.09 - 0.03 0.30 0.08 M2 Cobalt* O 2 0.21 0.21 0.21 unch 0.00 0.61 0.21 Macarthur Mnl* O 609 0.02 0.02 0.02 - 0.00 0.08 0.01 V 1020 0.03 0.03 0.03 + 0.01 0.10 0.02 Macarthur Mnl MacDonald Mns* O 159 0.03 0.02 0.03 + 0.01 0.09 0.02 MacDonald Mns V 431 0.04 0.03 0.03 - 0.01 0.14 0.03 MAG Silver T 982 9.93 9.17 9.77 + 0.14 15.97 9.17 Magellan Gold* O 1540 0.02 0.02 0.02 unch 0.00 0.06 0.01 unch 0.00 0.06 0.03 Magna Terra V 130 0.05 0.05 0.05 Magnitude Mng V 25 0.17 0.15 0.15 - 0.02 0.30 0.14 Majestic Gold* O 28 0.06 0.06 0.06 + 0.00 0.08 0.03 Majestic Gold V 166 0.09 0.08 0.09 + 0.01 0.11 0.04 Makena Res 44 0.05 0.00 0.05 unch 0.00 0.24 0.05 V 515 0.04 0.03 0.03 unch 0.00 0.16 0.03 Mammoth Res Manado Gold V 195 0.05 0.05 0.05 unch 0.00 0.24 0.04 Mandalay Res T 2265 0.09 0.07 0.07 - 0.01 0.32 0.07 Mandalay Res* O 476 0.07 0.05 0.06 - 0.01 0.24 0.05 Manganese X* O 32 0.15 0.13 0.15 + 0.02 0.21 0.09 unch 0.00 0.28 0.11 Manganese X V 199 0.19 0.16 0.17 Mangazeya Mng V 748 0.04 0.03 0.04 + 0.01 0.04 0.02 Manitou Gold V 46 0.06 0.06 0.06 - 0.01 0.19 0.04 Maple Gold V 1585 0.13 0.12 0.13 unch 0.00 0.34 0.09 Maple Gold* O 1522 0.10 0.09 0.10 - 0.00 0.27 0.07 O 198 0.63 0.55 0.63 + 0.04 1.03 0.54 Marathon Gold* Marathon Gold T 551 0.84 0.73 0.84 + 0.07 1.28 0.73 Margaret Lake* O 1 0.03 0.02 0.02 - 0.01 0.12 0.02 Margaret Lake V 1 0.00 0.00 0.04 unch 0.00 0.16 0.03 Margaux Res V 487 0.06 0.04 0.06 + 0.01 0.35 0.04 0.01 Marifil Mines* O 214 0.11 0.08 0.09 - 0.02 0.17 Marifil Mines V 63 0.14 0.11 0.12 - 0.02 0.32 0.10 Maritime Res V 454 0.09 0.08 0.09 + 0.01 0.14 0.07 Marlin Gold V 147 0.13 0.11 0.11 unch 0.00 1.02 0.11 MartinMarietta* N 8707 178.14 151.90 177.43 + 20.70 241.33 150.75 0.06 Mas Gold V 34 0.07 0.00 0.06 - 0.01 0.15 Mason Graphite* O 454 0.46 0.34 0.46 + 0.01 2.40 0.34 Mason Graphite V 1820 0.60 0.44 0.60 + 0.04 3.05 0.44 Mason Res* O 3569 0.31 0.12 0.30 + 0.18 0.31 0.01 Mason Res T 7946 0.40 0.16 0.40 + 0.24 0.40 0.14 V 13 0.17 0.17 0.17 + 0.01 0.30 0.15 Matachewan Con Matica Ent* O 101 0.12 0.11 0.12 + 0.00 0.64 0.07 Matica Ent 4486 0.16 0.14 0.15 - 0.01 0.81 0.09 Matmown* O 70 0.01 0.01 0.01 unch 0.00 0.08 0.01 Maudore Mnrls* O 250 0.00 0.00 0.00 unch 0.00 0.00 0.00 V 102 2.81 2.40 2.62 - 0.08 2.85 1.33 Maverix Metals Maverix Metals* O 31 2.07 1.82 2.03 - 0.03 2.10 1.03 Mawson Res T 474 0.33 0.29 0.30 + 0.01 0.63 0.23 Mawson Res* O 263 0.24 0.22 0.23 - 0.00 0.48 0.17 MaxTech Vent* O 115 0.19 0.13 0.15 - 0.02 0.48 0.07 0.10 MaxTech Vent 321 0.23 0.18 0.19 - 0.04 0.60 Maxwell Res* O 25 0.00 0.00 0.00 unch 0.00 0.01 0.00 Maya Gold &Sil* O 30 1.93 1.90 1.90 - 0.18 2.35 1.02 Maya Gold &Sil T 12 2.61 2.42 2.43 - 0.19 3.02 1.28 Mazarin V 42 0.07 0.06 0.06 - 0.01 0.18 0.04 0.00 MBMI Res* O 153 0.04 0.00 0.04 + 0.01 0.09 MBMI Res V 35 0.05 0.03 0.04 - 0.01 0.13 0.03 McChip Res V 61 0.83 0.80 0.83 + 0.17 0.87 0.50 McEwen Mng T 510 2.87 2.57 2.57 - 0.24 3.28 2.33 McEwen Mng* N 13492 2.19 1.95 1.96 - 0.17 2.55 1.82 unch 0.00 0.19 0.03 McLaren Res 352 0.04 0.03 0.03 MDN Inc* O 2 0.20 0.20 0.20 unch 0.00 0.28 0.13 Meadow Bay Gd 824 0.04 0.00 0.04 - 0.01 0.26 0.03 Meadow Bay Gd* O 12 0.03 0.03 0.03 + 0.00 0.28 0.03 Mechel* N 309 2.80 2.67 2.74 + 0.04 5.60 2.30 V 394 0.17 0.15 0.15 + 0.01 0.20 0.08 Medallion Res Medallion Res* O 457 0.13 0.11 0.11 - 0.00 0.16 0.06 Medgold Res V 178 0.29 0.21 0.24 - 0.03 0.51 0.15 Medgold Res* O 12 0.18 0.00 0.18 - 0.06 0.38 0.12 Medinah Mnrls* O 6127 0.00 0.00 0.00 - 0.00 0.01 0.00 unch 0.00 0.18 0.16 Mega Copper V 3 0.16 0.00 0.16 Mega Uranium T 16511 0.13 0.11 0.12 unch 0.00 0.24 0.11 Mega Uranium* O 102 0.10 0.08 0.09 + 0.00 0.19 0.08 Megastar Dev V 111 0.06 0.05 0.05 - 0.02 0.11 0.05 MegumaGold* O 54 0.11 0.11 0.11 unch 0.00 0.24 0.11 0.13 MegumaGold 2025 0.16 0.16 0.16 + 0.03 0.30 Melior Res V 49 0.60 0.58 0.60 - 0.02 1.50 0.58 Melior Res* O 0 0.46 0.46 0.46 unch 0.00 0.62 0.07 Melkior Res V 543 0.07 0.05 0.07 + 0.01 0.11 0.04 Meridian Mg V 126 0.16 0.08 0.10 unch 0.00 1.28 0.05 O 10 0.02 0.02 0.02 unch 0.00 0.07 0.01 Meryllion Res* Meryllion Res 209 0.02 0.00 0.02 unch 0.00 0.21 0.02 MetalCorp V 215 0.02 0.01 0.01 unch 0.00 0.04 0.01 Metalex Vent V 321 0.03 0.03 0.03 unch 0.00 0.10 0.02 Metalla Rylty* O 298 0.60 0.54 0.54 - 0.04 0.71 0.42 0.62 Metalla Rylty V 379 0.78 0.70 0.72 - 0.03 0.88 Metallic Mnrls V 208 0.23 0.20 0.21 - 0.01 0.50 0.19 Metallic Mnrls* O 121 0.18 0.16 0.17 - 0.00 0.40 0.14 Metallica Min* O 50 0.02 0.02 0.02 unch 0.00 0.05 0.02 Metallis Res V 747 0.74 0.49 0.70 unch 0.00 2.75 0.49 0.15 Metalo Manuf 4 0.40 0.00 0.40 + 0.02 0.57 Metalo Manuf* O 1 0.31 0.31 0.31 unch 0.00 0.30 0.30 Metalore Res V 1 1.90 1.90 1.90 unch 0.00 3.14 1.77 Metals Creek* O 187 0.04 0.03 0.03 - 0.01 0.08 0.03 Metals Creek V 617 0.05 0.04 0.04 - 0.01 0.11 0.04 0.30 Metals X* O 1 0.30 0.30 0.30 - 0.02 0.96 Mexican Gold* O 26 0.15 0.14 0.15 + 0.00 0.34 0.12 Mexivada Mng* O 100 0.00 0.00 0.00 unch 0.00 0.00 0.00 Mexus Gold* O 1136 0.01 0.01 0.01 + 0.00 0.07 0.01 Mezzotin Mnrls V 20 0.01 0.01 0.01 unch 0.00 0.04 0.01 0.49 MGX Minerals 1021 0.66 0.57 0.63 + 0.03 1.96 MGX Minerals* O 583 0.50 0.44 0.49 + 0.02 1.58 0.37 Midas Gold T 518 0.71 0.67 0.69 + 0.02 1.21 0.55 Midas Gold* O 844 0.55 0.49 0.52 + 0.01 0.95 0.42 Midasco Cap V 100 0.11 0.10 0.10 unch 0.00 0.15 0.07 0.66 Midland Expl V 239 1.12 1.00 1.09 + 0.01 1.17 Midnight Star 35 0.25 0.25 0.25 unch 0.00 0.35 0.11 Midnight Sun V 619 0.13 0.00 0.13 + 0.01 0.48 0.12 Millennial Lit* O 104 1.32 1.08 1.27 + 0.12 3.87 1.07 Millennial Lit V 304 1.72 1.38 1.69 + 0.18 4.80 1.38 0.08 Millrock Res* O 427 0.12 0.08 0.11 + 0.01 0.31

2018-11-05 12:08 PM


22

WWW.NORTHERNMINER.COM

NOVEMBER 12–25, 2018 / THE NORTHERN MINER

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

Week

12-month

Exc Volume High Low Last Change High Low

Millrock Res V 567 Milner Con Slv V 5 V 568 Minaurum Gold Minaurum Gold* O 339 Minco Silver* O 23 Minco Silver T 50 Minera Alamos * O 140 V 1466 Minera Alamos Minera IRL 75 Mineral Hill V 8 Mineral Mtn* O 150 Mineral Mtn V 583 23 Mineral Res* O MineralRite* O 5000 V 688 Mineworx Tech Mineworx Tech* O 93 Minfocus Expl V 74 O 10 Minfocus Expl* Mining Global* O 2509 V 641 Minnova Corp Miramont Res* O 20 Miramont Res 157 Miranda Gold V 398 Mirasol Res V 124 Mistango River 30 MK2 Ventures V 1 Mkango Res V 100 ML Gold* O 45 ML Gold Corp V 1459 O 18 Monarca Mnrls* Monarca Mnrls V 193 Monarques Res V 259 O 95 Monarques Res* Moneta Porcpn T 275 O 12 Moneta Porcpn* Monitor Vent* O 70 Monitor Vent V 70 O 0 Monster Uran* Monster Uran V 0 Montan Mg* O 27 Montan Mg V 175 Montego Res 90 V 5 Montero Mg&Ex Monument Mng V 191 Morien Res* O 188 Morien Res V 206 Morumbi Res* O 16 Morumbi Res T 140 Mosaic* N 20164 Mountain Boy V 231 Mountain Boy* O 100 Mountain Prov T 709 D 294 Mountain Prov* Mundoro Cap* O 25 Mundoro Cap V 216 Murchison Min V 401 MX Gold* O 523

0.17 0.12 0.14 - 0.01 0.40 0.12 0.06 0.06 0.06 unch 0.00 0.11 0.03 0.58 0.47 0.52 + 0.05 0.67 0.21 0.42 0.35 0.39 + 0.03 0.52 0.16 0.43 0.35 0.39 - 0.01 0.77 0.33 0.56 0.46 0.54 - 0.01 0.98 0.42 0.10 0.00 0.08 - 0.01 0.16 0.07 0.13 0.11 0.11 - 0.01 0.20 0.10 0.06 0.06 0.06 + 0.01 0.14 0.05 0.15 0.13 0.13 - 0.01 0.30 0.13 0.11 0.09 0.09 - 0.01 0.60 0.05 0.14 0.11 0.12 + 0.01 0.74 0.07 0.00 0.00 10.91 unch 0.00 16.78 7.67 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.17 0.15 0.16 - 0.01 0.40 0.07 0.13 0.11 0.12 - 0.01 0.33 0.05 0.05 0.04 0.04 unch 0.00 0.42 0.04 0.04 0.04 0.04 unch 0.00 0.04 0.04 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.69 0.43 0.44 - 0.21 0.93 0.43 0.12 0.12 0.12 unch 0.00 0.33 0.12 0.17 0.15 0.17 + 0.03 0.65 0.13 0.02 0.01 0.02 unch 0.00 0.06 0.01 1.07 0.99 1.00 - 0.01 2.60 0.99 0.03 0.00 0.03 unch 0.00 0.07 0.01 0.20 0.20 0.20 unch 0.00 0.39 0.12 0.16 0.16 0.16 unch 0.00 0.24 0.06 0.04 0.04 0.04 + 0.00 0.26 0.03 0.06 0.05 0.05 - 0.01 0.32 0.05 0.03 0.02 0.03 + 0.01 0.11 0.02 0.04 0.00 0.04 - 0.01 0.14 0.04 0.27 0.20 0.23 unch 0.00 0.42 0.15 0.19 0.14 0.17 - 0.01 0.35 0.11 0.09 0.08 0.09 unch 0.00 0.22 0.08 0.07 0.06 0.07 - 0.00 0.17 0.06 0.28 0.21 0.22 + 0.02 0.33 0.12 0.37 0.29 0.29 + 0.04 0.44 0.16 0.00 0.00 0.04 unch 0.00 0.06 0.02 0.00 0.00 0.15 unch 0.00 1.15 0.13 0.04 0.04 0.04 unch 0.00 0.04 0.01 0.05 0.04 0.04 - 0.01 0.11 0.03 0.13 0.07 0.12 - 0.02 0.55 0.07 0.11 0.10 0.11 + 0.01 0.49 0.09 0.07 0.06 0.06 - 0.01 0.09 0.06 0.42 0.00 0.40 - 0.02 0.60 0.37 0.55 0.47 0.49 - 0.04 0.77 0.46 0.53 0.51 0.53 + 0.02 0.96 0.39 0.71 0.63 0.70 + 0.03 1.23 0.50 32.52 29.30 31.91 + 2.09 34.01 22.24 0.05 0.04 0.04 - 0.01 0.11 0.04 0.04 0.04 0.04 unch 0.00 0.08 0.03 2.39 2.15 2.22 - 0.08 3.84 2.15 1.81 1.65 1.69 - 0.09 3.00 1.65 0.15 0.15 0.15 unch 0.00 0.16 0.06 0.20 0.19 0.20 - 0.01 0.22 0.09 0.08 0.08 0.08 unch 0.00 0.25 0.08 0.01 0.01 0.01 - 0.00 0.13 0.01

NA Frac Sand* O 648 NACCO Ind* N 51 Namibia Crit V 198 Namibia Crit* O 228 Napier Vent V 20 Napier Vent* O 3 Natural Res Pt* N 161 T 345 Nautilus Mnrls Nautilus Mnrls* O 435 1 Navis Res Corp* O Navis Res Corp 6 Navy Res V 50 15340 Nemaska Lith T Nemaska Lith* O 1795 Neo Lithium V 540 Neometals* O 3 Network Expl* O 61 Network Expl V 363 Nevada Canyon* O 32 Nevada Clean M* O 238 Nevada Clean M V 594 Nevada Copper T 615 O 46 Nevada Energy* Nevada Energy V 12 Nevada Expl * O 126 Nevada Expl V 137 Nevada Sunrise* O 2148 V 973 Nevada Sunrise Nevada Zinc V 140 Nevado Res V 85 Nevsun Res* X 2145 Nevsun Res T 6345 New Age Metals* O 106 New Age Metals V 1064 10 New Carolin Gd* O New Carolin Gd V 655 New Destiny Mg V 442 242 New Dimen Res V New Dimen Res* O 20 New Energy Met V 1164 New Energy Met* O 473 New Gold* X 14398 New Gold T 5522 New Guinea Gld* O 458 80 New Jersey Mng* O New Milln Iron* O 214 New Milln Iron T 279 New Nadina V 110 New Oroperu V 5 4 New Pac Metals* O New Pac Metals V 24 New Tech Lith* O 25 899 New Tech Lith New World Res V 86 Newlox Gold 1 Newmac Res V 7 Newmont Mng* N 32285 Newport Expl V 168 NewRange Gold* O 144 V 535 NewRange Gold Nexa Resources T 18 Nexa Resources* N 685 Nexco Res 70 Nexgen Energy* X 1260 T 3276 Nexgen Energy NextSource Mat T 1343 Nexus Gold* O 61 Nexus Gold V 419 NGEx Res* O 2 NGEx Res T 33 Nickel Creek T 666 Nickel Creek* O 676 5 Nickel North V Nickel One Res V 1133 5 Nicola Mg Inc* O Nicola Mg Inc V 2674 Nighthawk Gold T 265 O 66 Nighthawk Gold* Niobay Metals V 153 Niocan Inc V 89 Niocorp Dev T 192 Niocorp Dev* O 277 V 114 Nippon Dragon Nippon Dragon* O 250 Nitinat Mnls* O 0 Nitinat Mnls V 200 NKWE Platinum* O 2 131 Noble Metal Gr V Noble Mnl Expl* O 77 228 Noble Mnl Expl V Noka Res* O 788 Noram Vent V 135 O 214 Noranda Alum* Noront Res V 671 Nortec Mnls V 385 North Am Nickl V 179 North Am Nickl* O 12 39 North Am Pall T North Am Pall* O 22 80 North Arrow Mn* O North Arrow Mn V 316 North Bay Res * O 3511 Northcliff Res T 119 Northern Uran V 88 V 251 Northisle C&G Norvista Cap V 204 NorZinc T 659

0.01 0.01 0.01 unch 0.00 0.02 0.01 36.45 29.00 36.00 + 6.95 48.85 28.77 0.26 0.17 0.23 + 0.02 0.46 0.04 0.23 0.13 0.17 + 0.01 2.77 0.03 0.28 0.25 0.26 - 0.01 0.51 0.25 0.23 0.20 0.20 - 0.06 0.40 0.20 34.45 31.50 33.70 + 1.48 37.70 24.06 0.09 0.00 0.08 - 0.01 0.39 0.08 0.07 0.06 0.06 - 0.01 0.31 0.06 0.27 0.27 0.27 unch 0.00 0.56 0.27 0.36 0.00 0.36 unch 0.00 0.95 0.23 0.15 0.15 0.15 - 0.07 0.32 0.15 0.82 0.71 0.80 + 0.06 2.44 0.60 0.62 0.54 0.60 + 0.04 1.96 0.46 1.09 0.98 1.06 + 0.06 2.75 0.91 0.33 0.25 0.26 + 0.11 0.80 0.10 0.30 0.25 0.28 + 0.03 0.39 0.21 0.38 0.32 0.36 + 0.03 0.48 0.28 0.04 0.04 0.04 unch 0.00 0.22 0.04 0.04 0.03 0.04 + 0.01 0.05 0.02 0.05 0.04 0.05 + 0.01 0.06 0.03 0.45 0.36 0.42 - 0.02 0.84 0.36 0.12 0.12 0.12 + 0.00 0.42 0.07 0.18 0.16 0.17 + 0.01 0.52 0.15 0.37 0.27 0.33 + 0.07 0.39 0.09 0.48 0.39 0.41 + 0.06 0.50 0.12 0.10 0.05 0.08 + 0.04 0.19 0.04 0.13 0.06 0.10 + 0.03 0.25 0.06 0.14 0.00 0.14 + 0.01 0.25 0.12 0.01 0.01 0.01 unch 0.00 0.05 0.01 4.50 4.40 4.48 + 0.03 4.53 2.00 5.88 5.78 5.86 + 0.02 5.88 2.50 0.05 0.04 0.04 - 0.01 0.15 0.04 0.07 0.05 0.06 - 0.01 0.19 0.05 0.13 0.11 0.11 unch 0.00 0.58 0.11 0.26 0.15 0.20 + 0.05 0.77 0.15 0.17 0.16 0.17 + 0.01 0.35 0.10 0.08 0.06 0.07 - 0.01 0.30 0.06 0.05 0.05 0.05 - 0.01 0.22 0.03 0.06 0.05 0.06 unch 0.00 0.90 0.05 0.05 0.04 0.04 - 0.00 0.60 0.04 0.89 0.76 0.80 + 0.01 3.56 0.70 1.18 1.01 1.08 + 0.04 4.46 0.90 0.00 0.00 0.00 + 0.00 0.00 0.00 0.20 0.15 0.16 + 0.01 0.25 0.12 0.04 0.04 0.04 unch 0.00 0.10 0.04 0.06 0.05 0.05 - 0.01 0.13 0.05 0.11 0.09 0.10 unch 0.00 4.60 0.09 0.32 0.00 0.32 + 0.01 0.55 0.27 1.10 0.00 1.10 + 0.02 1.29 0.97 1.42 1.40 1.42 + 0.01 1.70 1.21 0.03 0.03 0.03 unch 0.00 0.13 0.02 0.04 0.03 0.03 - 0.01 0.17 0.03 0.16 0.15 0.16 - 0.01 0.29 0.10 0.05 0.05 0.05 unch 0.00 0.08 0.03 0.10 0.00 0.10 + 0.01 0.10 0.06 32.49 29.70 32.42 + 2.42 42.04 29.06 0.26 0.25 0.26 + 0.01 0.38 0.22 0.17 0.14 0.16 - 0.00 0.40 0.05 0.22 0.18 0.22 + 0.02 0.60 0.07 17.15 14.11 17.07 + 2.37 26.70 13.90 13.11 10.79 13.03 + 1.73 21.61 10.52 0.11 0.11 0.11 - 0.01 0.50 0.11 2.17 1.86 2.14 + 0.26 2.85 1.65 2.85 2.45 2.84 + 0.40 3.58 2.12 0.11 0.10 0.10 + 0.01 0.22 0.05 0.09 0.08 0.09 + 0.01 0.29 0.02 0.12 0.11 0.12 + 0.01 0.75 0.11 0.78 0.00 0.78 + 0.00 1.10 0.75 1.04 1.00 1.00 unch 0.00 1.49 0.91 0.12 0.10 0.11 + 0.01 0.35 0.09 0.09 0.08 0.09 + 0.00 0.30 0.07 0.02 0.02 0.02 unch 0.00 0.07 0.02 0.02 0.02 0.02 unch 0.00 0.13 0.02 0.10 0.08 0.09 - 0.02 0.16 0.07 0.11 0.09 0.11 - 0.01 0.21 0.09 0.41 0.39 0.41 + 0.02 0.76 0.30 0.30 0.29 0.30 + 0.00 0.63 0.22 0.30 0.26 0.29 + 0.02 0.43 0.15 0.15 0.12 0.15 + 0.02 0.33 0.06 0.59 0.55 0.56 + 0.01 0.78 0.37 0.46 0.41 0.43 - 0.00 0.62 0.29 0.02 0.00 0.02 unch 0.00 0.07 0.02 0.02 0.02 0.02 unch 0.00 0.05 0.01 0.05 0.05 0.05 unch 0.00 0.36 0.03 0.08 0.08 0.08 unch 0.00 0.51 0.04 0.06 0.06 0.06 unch 0.00 2.04 0.02 0.02 0.01 0.02 + 0.01 0.04 0.01 0.08 0.08 0.08 - 0.00 0.13 0.04 0.13 0.00 0.11 - 0.02 0.17 0.06 0.25 0.20 0.21 - 0.04 0.71 0.17 0.24 0.19 0.24 + 0.03 0.80 0.12 0.03 0.02 0.02 - 0.00 0.17 0.01 0.30 0.27 0.28 - 0.01 0.45 0.27 0.06 0.06 0.06 unch 0.00 0.18 0.04 0.05 0.05 0.05 unch 0.00 0.10 0.05 0.04 0.04 0.04 unch 0.00 0.08 0.04 10.99 10.05 10.86 + 0.20 11.98 6.99 8.39 7.75 8.28 + 0.42 9.38 5.48 0.14 0.00 0.13 + 0.02 0.20 0.11 0.18 0.00 0.14 - 0.01 0.28 0.11 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.08 0.07 0.08 unch 0.00 0.18 0.07 0.01 0.00 0.01 unch 0.00 0.03 0.01 0.10 0.09 0.10 unch 0.00 0.21 0.09 0.12 0.10 0.11 - 0.01 0.15 0.08 0.11 0.08 0.09 - 0.02 0.18 0.09

N-O

20-23_NOV12_StockTables.indd 22

(100s) Stock

Week

(100s) Stock

12-month

Exc Volume High Low Last Change High Low

NorZinc* O 262 Nouveau Monde V 2548 Nouveau Monde* O 37 NovaGold Res T 1174 NovaGold Res* X 6898 Novo Res* O 941 Novo Res V 1056 NQ Minerals Pl* O 205 NRG Metals* O 1041 NRG Metals V 1358 Nrthn Graphite V 95 Nrthn Graphite* O 108 Nrthn Lion V 1 Nrthn Mnrls &E* O 40 Nrthn Shield V 419 Nrthn Superior* O 52 Nrthn Superior V 1265 Nrthn Vertex* O 61 Nrthn Vertex V 119 NSGold V 0 NSS Res Inc 435 Nthn Dynasty* X 3472 Nthn Dynasty T 510 Nthrn Sphere* O 66 Nthrn Sphere 90 Nubian Res V 90 NuLegacy Gold V 109 O 165 NuLegacy Gold* Nunavik Nickel V 5 Nutrien T 9879 Nutrien* N 8011 NV Gold* O 23 NV Gold V 162 NX Uranium* O 87 NxGold Ltd* O 500 NxGold Ltd V 754 Nyrstar NV* O 15 O.T. Mining* O 14 OceanaGold* O 11 OceanaGold T 4944 Oceanic Iron O V 161 Oceanic Iron O* O 10 Oceanus Res V 184 Odyssey Res V 20 OK2 Minerals V 410 Olivut Res V 92 Olivut Res* O 6 Omineca Mg &Ml V 48 50 One World Lith* O One World Lith 224 Opawica Expl* O 15 Opawica Expl V 201 Opus One Res V 208 Orbite Tech* O 26 Orca Gold V 204 Orca Gold* O 115 V 816 Orefinders Res Orestone Mng V 53 Orex Mnrls* O 2 Orex Mnrls V 884 Orezone Gold V 647 Orezone Gold* O 111 Orford Mining V 10 Organic Potash 58 OrganiMax V 216 OrganiMax* O 3 Origin Gold V 80 O 16 Original Sixtn* Orla Mng Ltd T 595 Orla Mng Ltd* O 11 Oro East Mg* O 40 Oroco Res V 355 Oroco Res* O 235 Orocobre T 183 Oronova Energy V 894 Oroplata Res* O 2309 Orosur Mng T 91 Orsu Metals V 4 Orvana Mnrls* O 2 Orvana Mnrls T 477 Osino Res V 260 Osisko Gold* N 3369 Osisko Gold T 1304 Osisko Metals* O 26 Osisko Metals V 124 Osisko Mng Inc T 2799 Osprey Gold V 560 Otis Gold V 430 Otis Gold* O 26 OZ Minerals* O 3

0.08 0.06 0.07 - 0.01 0.15 0.06 0.33 0.28 0.30 + 0.02 0.53 0.25 0.26 0.23 0.25 + 0.02 0.42 0.18 5.57 5.13 5.42 + 0.18 6.47 4.33 4.25 3.91 4.11 + 0.14 5.05 3.35 1.88 1.55 1.55 - 0.19 6.71 1.52 2.47 2.02 2.02 - 0.24 8.49 2.00 0.27 0.00 0.27 unch 0.00 0.27 0.17 0.10 0.08 0.09 + 0.00 0.49 0.07 0.13 0.10 0.11 - 0.01 0.62 0.10 0.26 0.23 0.24 + 0.02 0.60 0.21 0.20 0.18 0.18 + 0.01 0.48 0.16 0.00 0.00 0.22 unch 0.00 0.67 0.19 0.05 0.04 0.05 + 0.00 0.10 0.02 0.03 0.03 0.03 unch 0.00 0.04 0.02 0.02 0.02 0.02 + 0.00 0.04 0.02 0.03 0.02 0.03 unch 0.00 0.05 0.02 0.23 0.21 0.22 + 0.00 0.58 0.21 0.30 0.28 0.30 unch 0.00 0.70 0.27 0.00 0.00 0.12 unch 0.00 0.15 0.02 0.24 0.15 0.22 - 0.02 1.39 0.06 0.50 0.43 0.49 + 0.01 2.34 0.43 0.64 0.57 0.63 - 0.02 2.99 0.55 0.05 0.03 0.03 - 0.02 0.15 0.03 0.05 0.05 0.05 unch 0.00 0.45 0.05 0.11 0.09 0.09 - 0.02 0.34 0.09 0.18 0.17 0.18 + 0.01 0.22 0.13 0.14 0.13 0.14 - 0.00 0.17 0.11 0.11 0.11 0.11 unch 0.00 0.15 0.08 73.22 66.38 72.36 + 4.70 76.17 55.27 55.88 50.54 55.17 + 3.47 58.99 40.41 0.06 0.05 0.05 - 0.01 0.92 0.05 0.08 0.07 0.08 - 0.01 1.22 0.07 0.03 0.02 0.03 + 0.01 0.03 0.01 0.00 0.00 0.09 unch 0.00 0.25 0.08 0.11 0.08 0.09 - 0.04 0.40 0.09 1.87 1.69 1.69 - 0.18 8.21 1.69 0.24 0.07 0.24 + 0.14 0.18 0.04 2.93 2.77 2.86 - 0.19 3.08 2.23 3.89 3.69 3.83 + 0.03 4.19 2.92 0.05 0.05 0.05 unch 0.00 0.16 0.05 0.03 0.03 0.03 unch 0.00 0.11 0.03 0.15 0.12 0.14 unch 0.00 0.36 0.12 0.03 0.03 0.03 - 0.01 0.07 0.03 0.02 0.02 0.02 - 0.01 0.11 0.02 0.14 0.09 0.10 - 0.01 0.20 0.07 0.09 0.08 0.08 - 0.01 0.15 0.05 0.03 0.00 0.03 - 0.01 0.05 0.03 0.10 0.10 0.10 unch 0.00 0.12 0.10 0.15 0.13 0.15 + 0.01 0.20 0.10 0.04 0.04 0.04 unch 0.00 0.08 0.04 0.05 0.00 0.04 - 0.01 0.25 0.04 0.03 0.03 0.03 + 0.01 0.10 0.03 0.00 0.00 0.00 unch 0.00 0.06 0.00 0.48 0.45 0.45 - 0.01 0.78 0.43 0.36 0.00 0.36 + 0.02 0.63 0.32 0.06 0.05 0.06 unch 0.00 0.17 0.05 0.15 0.12 0.15 + 0.03 0.17 0.06 0.08 0.08 0.08 + 0.01 0.15 0.05 0.13 0.10 0.13 + 0.01 0.18 0.08 0.63 0.53 0.63 + 0.06 1.02 0.53 0.45 0.40 0.45 + 0.02 0.82 0.40 0.25 0.21 0.25 + 0.03 0.53 0.16 0.04 0.00 0.04 - 0.01 0.08 0.02 0.10 0.09 0.09 - 0.01 0.32 0.07 0.07 0.07 0.07 unch 0.00 0.20 0.06 0.09 0.08 0.09 - 0.01 0.19 0.08 0.07 0.07 0.07 - 0.00 0.20 0.05 1.46 1.40 1.40 - 0.05 1.85 1.08 1.07 1.06 1.07 + 0.04 1.48 0.83 0.00 0.00 0.00 unch 0.00 0.01 0.00 0.23 0.19 0.22 - 0.02 0.31 0.02 0.18 0.15 0.17 - 0.01 0.24 0.03 3.92 3.06 3.91 + 0.68 7.36 3.06 0.10 0.09 0.10 + 0.01 0.22 0.06 0.17 0.15 0.17 + 0.01 0.42 0.06 0.12 0.09 0.11 + 0.01 0.28 0.02 0.20 0.00 0.20 - 0.04 0.29 0.14 0.13 0.13 0.13 + 0.00 0.23 0.10 0.17 0.15 0.16 + 0.01 0.28 0.13 0.33 0.28 0.32 + 0.06 0.64 0.20 8.06 7.56 8.03 + 0.35 12.74 7.29 10.57 9.89 10.56 + 0.48 16.36 9.49 0.39 0.39 0.39 - 0.00 0.80 0.39 0.53 0.51 0.52 unch 0.00 1.24 0.51 2.88 2.64 2.85 + 0.06 4.08 1.60 0.06 0.05 0.05 - 0.01 0.13 0.04 0.17 0.14 0.15 unch 0.00 0.32 0.13 0.12 0.11 0.11 + 0.00 0.25 0.10 6.47 6.21 6.47 + 0.26 8.02 5.90

Pac Bay Mnrls V 45 Pac Booker Min* O 123 51 Pac Booker Min V Pac Imperial V 100 Pac Iron Ore V 120 Pac Ridge Expl V 126 Pac Ridge Expl* O 202 Pac Wildcat* O 2315 Pacific Empire V 125 Pacific Rim 251 Pacific Rim* O 165 Pacific Silk V 110 Pacton Gold V 2472 Paladin Energy* O 422 Palamina Corp* O 25 Palamina Corp V 69 Palladon Vent* O 45 Pan Am Silver T 1413 Pan Am Silver* D 9990 Pan Andean Min* O 300 Pan Andean Min V 400 Pan Global Res V 133 Pancontinental* O 10 Pancontinental V 95 Panex Res* O 28 Pangolin Dia V 97 Panoro Mnrls V 484 PanTerra Gold* O 0 Pantheon Vent V 313 Para Resources V 32 Parallel Mng V 1340 Parallel Mng * O 112 Paramount Gold* X 105 Paringa Res* O 50 Parlane Res V 158 Pasinex Res 595 Patriot Gold 50 Patriot Gold* O 138 Peabody Enrgy* N 6666 Pelangio Expl* O 30 Pelangio Expl V 37 Pele Mtn Res* O 27 Peloton Mnrls* O 13 Peloton Mnrls 50 PepinNini Lith* O 71 Perseus Mng T 159 Pershing Gold T 38 Pershing Gold* D 345 Pershing Res* O 308 Peruvian Metal V 65 Peruvian Metal* O 26 Philex Mng* O 0 Philippine Mtl* O 4 Philippine Mtl V 41 Pine Cliff En* O 24 181 Pine Cliff En T Pinecrest Res V 266 Pistol Bay Mng V 86 Pivit Explor 137 PJSC Polyus Gd* O 10 PJX Res V 208 Plata Latina V 354 Plate Res V 85 Plateau Energy V 251 Plateau Energy* O 56 Platinex Inc 368 Platinum Gp Mt* X 6678 Platinum Gp Mt T 1848 Plato Gold V 296 Playfair Mng V 5 Playfair Mng* O 4 PolyMet Mng T 369 PolyMet Mng* X 6578 Portage Res* O 20978

0.04 0.03 0.04 unch 0.00 0.06 0.02 0.62 0.50 0.62 + 0.01 1.10 0.50 0.88 0.72 0.80 + 0.06 1.35 0.65 0.03 0.03 0.03 unch 0.00 0.07 0.01 0.10 0.10 0.10 unch 0.00 0.15 0.03 0.07 0.00 0.07 unch 0.00 0.07 0.04 0.05 0.03 0.04 - 0.01 0.06 0.03 0.01 0.00 0.01 - 0.01 0.39 0.00 0.08 0.07 0.08 unch 0.00 0.20 0.07 0.14 0.11 0.13 + 0.02 1.59 0.10 0.11 0.07 0.10 + 0.03 1.25 0.07 0.03 0.03 0.03 unch 0.00 0.06 0.03 0.33 0.26 0.27 - 0.05 1.02 0.06 0.15 0.10 0.14 + 0.01 0.50 0.01 0.27 0.24 0.26 + 0.01 0.37 0.13 0.35 0.32 0.35 + 0.03 0.47 0.17 0.01 0.01 0.01 unch 0.00 0.01 0.00 20.28 19.06 20.28 + 0.66 24.22 18.00 15.48 14.51 15.44 + 0.47 18.75 13.97 0.04 0.04 0.04 unch 0.00 0.08 0.02 0.05 0.05 0.05 unch 0.00 0.13 0.03 0.18 0.17 0.17 - 0.01 0.30 0.14 0.05 0.04 0.04 - 0.00 0.07 0.01 0.08 0.06 0.06 - 0.02 0.09 0.02 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.05 0.04 0.05 + 0.01 0.08 0.04 0.24 0.23 0.23 - 0.01 0.45 0.13 0.00 0.00 0.02 unch 0.00 0.02 0.01 0.10 0.07 0.10 + 0.03 0.15 0.07 0.17 0.15 0.16 - 0.01 0.25 0.13 0.04 0.03 0.04 - 0.01 0.09 0.03 0.04 0.03 0.03 - 0.01 0.05 0.03 1.11 1.01 1.04 - 0.08 1.64 1.01 0.14 0.14 0.14 - 0.00 0.45 0.12 0.10 0.07 0.08 - 0.02 0.30 0.05 0.14 0.09 0.11 + 0.02 0.32 0.08 0.10 0.10 0.10 unch 0.00 0.11 0.09 0.07 0.07 0.07 + 0.00 0.15 0.04 35.98 33.76 34.48 - 0.52 47.84 30.49 0.17 0.13 0.13 - 0.04 0.18 0.02 0.22 0.16 0.19 - 0.02 0.60 0.12 0.03 0.03 0.03 - 0.03 0.25 0.02 0.09 0.08 0.08 + 0.01 0.12 0.05 0.12 0.10 0.11 + 0.01 0.15 0.03 0.01 0.00 0.01 + 0.00 0.07 0.00 0.36 0.34 0.35 - 0.01 0.50 0.25 1.95 1.77 1.85 - 0.10 3.92 1.06 1.50 1.35 1.38 - 0.10 3.10 0.80 0.03 0.02 0.03 + 0.01 0.09 0.01 0.06 0.00 0.05 unch 0.00 0.10 0.04 0.03 0.03 0.03 unch 0.00 0.08 0.03 0.00 0.00 0.04 unch 0.00 0.19 0.03 0.07 0.07 0.07 unch 0.00 0.11 0.00 0.07 0.00 0.06 - 0.02 0.15 0.06 0.23 0.21 0.22 - 0.01 0.50 0.21 0.30 0.27 0.27 - 0.02 0.63 0.27 0.22 0.22 0.22 unch 0.00 0.38 0.19 0.06 0.05 0.06 + 0.01 0.18 0.04 0.14 0.14 0.14 unch 0.00 0.19 0.08 31.55 0.00 31.05 - 1.86 45.15 29.00 0.20 0.18 0.18 - 0.01 0.25 0.11 0.04 0.03 0.03 - 0.01 0.05 0.03 0.07 0.06 0.06 unch 0.00 0.10 0.05 1.00 0.86 0.93 + 0.10 1.69 0.27 0.75 0.65 0.70 + 0.04 1.27 0.22 0.08 0.06 0.07 unch 0.00 0.30 0.06 0.19 0.14 0.18 + 0.04 0.58 0.08 0.25 0.19 0.25 + 0.06 0.72 0.12 0.03 0.02 0.03 - 0.01 0.06 0.02 0.02 0.02 0.02 - 0.01 0.09 0.02 0.03 0.03 0.03 unch 0.00 0.06 0.01 1.60 1.16 1.21 + 0.01 1.66 0.75 1.25 0.88 0.93 + 0.02 1.36 0.60 0.00 0.00 0.00 unch 0.00 0.00 0.00

P-Q

Week

12-month

Exc Volume High Low Last Change High Low

Portofino Res V 268 Potash Ridge* O 237 Potash Ridge T 5105 Power Metals V 993 Power Metals* O 113 PowerOre V 283 PPX Mining* O 611 PPX Mining V 159 Precipitate Gl* O 290 Precipitate Gl V 486 Premier Gold M T 1399 Pretium Res* N 8086 Pretium Res T 2118 Primary Energy 1183 Prism Res V 30 Prize Mng* O 2540 Prize Mng V 4615 ProAm Expl V 630 Probe Metals* O 578 Probe Metals V 215 Prog Planet V 1924 Promithian Gl * O 12 Prophecy Coal T 6294 O 3262 Prophecy Coal* Prospector Res* O 0 V 103 Prospector Res Prosper Gold V 134 Prospero Silvr V 162 Prospero Silvr* O 95 Provenance Gld 24 Providence V 199 Providence Gld* O 3 PUF Vent Inc 3340 PUF Vent Inc * O 2346 Puma Expl* O 8 Puma Expl V 437 Pure Energy* O 1716 988 Pure Energy V Pure Gold Mg* O 170 806 Pure Gold Mg V Pure Nickel* O 92 Pure Nickel V 252 Purepoint Uran V 1791 Q-Gold Res V 35 QC Precious V 223 QC Precious * O 2 QMC Quantum Ml V 319 QMC Quantum Ml* O 400 QMX Gold* O 49 QMX Gold V 1347 Quadro Res V 327 Quantum Cobalt 84 Quartz Mtn Res V 18 Quartz Mtn Res* O 0 Quaterra Res V 227 Quaterra Res* O 488 69 Quest Rare Mnl* O Quinto Res V 665

0.04 0.04 0.04 unch 0.00 0.19 0.04 0.03 0.02 0.03 + 0.00 0.13 0.03 0.05 0.03 0.05 + 0.01 0.17 0.03 0.26 0.20 0.25 + 0.03 0.88 0.20 0.20 0.15 0.18 + 0.01 0.70 0.15 0.06 0.05 0.06 + 0.01 0.45 0.05 0.07 0.07 0.07 unch 0.00 0.08 0.05 0.10 0.09 0.09 - 0.01 0.11 0.06 0.07 0.04 0.07 + 0.01 0.09 0.03 0.08 0.07 0.08 + 0.01 0.12 0.04 1.90 1.68 1.81 - 0.10 3.94 1.68 8.36 7.73 8.13 + 0.29 11.90 6.17 10.91 10.14 10.70 + 0.41 14.94 7.93 0.08 0.06 0.07 - 0.02 0.15 0.03 0.05 0.05 0.05 unch 0.00 0.16 0.03 0.10 0.06 0.07 - 0.02 0.38 0.06 0.12 0.09 0.10 - 0.03 0.48 0.09 0.03 0.02 0.03 unch 0.00 0.04 0.02 0.92 0.69 0.88 - 0.04 1.23 0.69 1.19 0.91 1.17 - 0.04 1.56 0.91 0.08 0.06 0.06 - 0.02 0.20 0.04 0.10 0.00 0.10 + 0.09 0.10 0.01 0.58 0.48 0.54 + 0.06 0.64 0.11 0.45 0.37 0.41 + 0.04 3.82 0.09 0.00 0.00 0.53 unch 0.00 0.83 0.38 0.70 0.58 0.67 + 0.06 1.15 0.48 0.07 0.06 0.07 + 0.01 0.15 0.06 0.08 0.07 0.08 unch 0.00 0.17 0.07 0.06 0.06 0.06 + 0.00 0.14 0.05 0.18 0.16 0.16 - 0.01 0.39 0.13 0.14 0.12 0.12 - 0.01 0.25 0.09 0.12 0.12 0.12 unch 0.00 0.15 0.08 1.06 0.71 0.96 + 0.11 2.09 0.38 0.84 0.54 0.73 + 0.08 1.85 0.30 0.04 0.03 0.04 + 0.01 0.09 0.03 0.05 0.04 0.05 + 0.01 0.11 0.04 0.09 0.07 0.08 - 0.01 0.50 0.07 0.12 0.09 0.10 - 0.02 0.57 0.09 0.46 0.41 0.42 + 0.02 0.56 0.36 0.60 0.53 0.54 + 0.01 0.71 0.46 0.01 0.01 0.01 unch 0.00 0.04 0.01 0.02 0.02 0.02 unch 0.00 0.05 0.01 0.07 0.06 0.07 + 0.01 0.10 0.06 0.20 0.00 0.20 - 0.02 0.30 0.10 0.30 0.28 0.28 + 0.01 0.60 0.25 0.22 0.22 0.22 + 0.02 0.33 0.20 0.32 0.30 0.31 unch 0.00 1.85 0.23 0.25 0.23 0.24 + 0.01 1.46 0.17 0.06 0.05 0.06 - 0.00 0.25 0.05 0.08 0.07 0.07 - 0.01 0.32 0.07 0.06 0.04 0.06 + 0.02 0.15 0.04 0.10 0.08 0.08 - 0.02 1.90 0.08 0.53 0.52 0.52 unch 0.00 1.50 0.45 0.00 0.00 0.69 unch 0.00 1.20 0.00 0.07 0.06 0.07 + 0.01 0.09 0.05 0.05 0.04 0.05 + 0.00 0.07 0.03 0.01 0.00 0.00 unch 0.00 0.02 0.00 0.03 0.03 0.03 - 0.01 0.14 0.03

Rackla Mtls V 5 Rackla Mtls* O 6 Radisson Mng V 711 Radius Gold V 372 Rainforest Res* O 0 0 Rainy Mtn Royl* O Rainy Mtn Royl V 254 490 Rambler Ml &Mg V Randgold Res* O 0 Randgold Res* D 3873 Rare Element* O 526 Rathdowney Res V 100 Ravencrest Res 1391 RB Energy* O 339 Red Eagle Mng T 4101 Red Eagle Mng* O 267 Red Moon Res V 82 643 Red Pine Expl V Redstar Gold V 260 Redstar Gold* O 380 Redzone Res V 314 Redzone Res* O 104 Regency Gold V 60 Regulus Res V 308 V 20 Remington Res Renaissance Gd* O 54 Renaissance Gd V 68 Renforth Res 1210 Resolve Vent V 123 Resource Cap V 794 Resource Cap* O 1 Reunion Gold V 672 Revelo Res V 6753 Revival Gold * O 71 Revival Gold V 191 Richmond Mnls V 103 Richmond Mnls* O 25 Ridgestone M’g V 269 Rift Valley 267 Riley Resource V 100 O 53583 Rimrock Gold* Rio Silver V 15 Rio Tinto* N 15193 Rio Tinto* O 1 Rio Tinto* O 5 Rise Gold Corp 473 River Wild Exp 43 Riverside Res* O 118 Riverside Res V 350 Rizal Res V 34 RJK Explor V 372 RJK Explor* O 51 Robex Res V 316 Rochester Res V 20 O 21 Rochester Res* Rock Tech Lith* O 5 Rock Tech Lith V 48 Rockcliff Met V 216 Rockcliff Met* O 25 Rockex Mng 129 Rockhaven Res V 433 Rockridge Res V 203 Rockshield Cap* O 73 Rockshield Cap 983 Rockwealth Res V 2 Rodinia Lithm V 130 Rogue Res V 22 Rokmaster Res* O 110 Rokmaster Res V 219 Romios Gold Rs V 124 Romios Gold Rs* O 58 RosCan Gold V 11 Rosita Mg Corp* O 20 Rosita Mg Corp V 216 Rotation Mnls V 80 Roughrider Exp V 5 Rover Metals V 437 Roxgold T 1037 Roxgold* O 148 Royal Gold* D 3278 Royal Mines &M* O 111 Royal Nickel* O 2382 Royal Nickel T 25255 Royal Rd Mnrls V 251 Royal Std Mnrl* O 739 RT Minerals V 37 RTG Mining T 101 0 RTG Mining * O Rubicon Mnrls T 372 Rubicon Mnrls* O 206 Rugby Mng V 283 Running Fox Rs* O 13 Running Fox Rs V 10 Rupert Res V 58 Rusoro Mng* O 593 Rusoro Mng V 4550

0.11 0.00 0.11 unch 0.00 0.17 0.06 0.08 0.00 0.08 - 0.02 0.13 0.07 0.10 0.10 0.10 + 0.01 0.25 0.09 0.11 0.10 0.10 - 0.01 0.19 0.09 0.00 0.00 7.58 unch 0.00 9.45 3.50 0.00 0.00 0.01 unch 0.00 0.08 0.01 0.03 0.03 0.03 + 0.01 0.10 0.02 0.06 0.05 0.05 - 0.01 0.17 0.03 82.65 0.00 82.65 + 1.40 101.90 62.16 83.99 77.25 82.32 + 2.23 104.05 59.90 0.12 0.09 0.11 + 0.00 0.11 0.10 0.10 - 0.01 0.21 0.09 0.85 0.63 0.65 - 0.19 2.10 0.38 0.00 0.00 0.00 - 0.00 0.00 0.00 0.05 0.03 0.03 - 0.02 0.36 0.03 0.04 0.03 0.03 - 0.01 0.29 0.03 0.10 0.07 0.07 - 0.03 0.16 0.05 0.05 0.05 0.05 - 0.01 0.14 0.04 0.04 0.03 0.04 unch 0.00 0.11 0.03 0.03 0.02 0.02 - 0.00 0.09 0.01 0.19 0.12 0.15 + 0.03 0.75 0.10 0.12 0.09 0.11 - 0.00 0.57 0.09 0.17 0.00 0.16 unch 0.00 0.28 0.12 1.63 1.52 1.63 + 0.06 2.35 1.52 0.23 0.23 0.23 unch 0.00 0.70 0.20 0.14 0.13 0.13 - 0.01 0.19 0.16 0.18 + 0.02 0.34 0.16 0.03 0.02 0.02 - 0.01 0.06 0.02 0.09 0.09 0.09 unch 0.00 1.04 0.07 0.03 0.02 0.03 unch 0.00 0.13 0.02 0.02 0.02 0.02 unch 0.00 0.11 0.01 0.20 0.18 0.19 unch 0.00 0.23 0.11 0.03 0.01 0.02 + 0.01 0.06 0.01 0.53 0.46 0.51 - 0.02 0.73 0.42 0.67 0.60 0.66 - 0.04 0.99 0.54 0.04 0.04 0.04 unch 0.00 0.07 0.02 0.03 0.03 0.03 unch 0.00 0.03 0.03 0.27 0.27 0.27 unch 0.00 0.32 0.19 0.08 0.07 0.08 - 0.01 0.15 0.05 0.22 0.18 0.18 unch 0.00 0.41 0.10 0.00 0.00 0.00 - 0.00 0.00 0.00 0.04 0.04 0.04 unch 0.00 0.07 0.04 51.37 47.21 50.82 + 3.00 60.72 45.62 46.75 46.75 46.75 - 0.60 60.00 45.06 55.50 0.00 54.40 + 1.50 65.30 50.48 0.07 0.06 0.07 + 0.01 0.21 0.05 0.45 0.00 0.45 unch 0.00 0.50 0.02 0.15 0.12 0.13 + 0.00 0.42 0.12 0.21 0.15 0.17 - 0.01 0.36 0.15 0.02 0.00 0.02 unch 0.00 0.06 0.01 0.06 0.05 0.06 unch 0.00 0.23 0.05 0.06 0.06 0.06 unch 0.00 0.13 0.03 0.10 0.09 0.10 + 0.01 0.12 0.08 0.03 0.00 0.03 unch 0.00 0.09 0.03 0.02 0.02 0.02 + 0.00 0.06 0.02 0.67 0.67 0.67 unch 0.00 1.66 0.67 1.01 0.84 0.96 + 0.01 2.16 0.84 0.14 0.12 0.14 + 0.01 0.33 0.08 0.10 0.10 0.10 - 0.00 0.10 0.07 0.08 0.06 0.06 unch 0.00 0.10 0.01 0.12 0.11 0.12 - 0.01 0.18 0.11 0.34 0.23 0.23 + 0.01 0.50 0.20 0.10 0.09 0.09 - 0.03 0.67 0.09 0.14 0.12 0.14 + 0.01 0.84 0.12 0.12 0.00 0.12 unch 0.00 0.30 0.11 0.07 0.06 0.06 - 0.01 0.46 0.06 0.20 0.00 0.18 - 0.02 0.53 0.15 0.06 0.06 0.06 unch 0.00 0.09 0.02 0.09 0.08 0.09 + 0.01 0.18 0.07 0.07 0.00 0.06 - 0.01 0.09 0.05 0.06 0.05 0.06 + 0.01 0.07 0.03 0.06 0.06 0.06 - 0.03 0.11 0.05 0.02 0.02 0.02 unch 0.00 0.06 0.02 0.03 0.03 0.03 unch 0.00 0.12 0.02 0.08 0.08 0.08 - 0.02 0.40 0.07 0.12 0.11 0.11 - 0.01 0.58 0.12 0.04 0.04 0.04 + 0.01 0.11 0.04 0.86 0.81 0.84 unch 0.00 1.44 0.79 0.67 0.62 0.64 - 0.01 1.13 0.61 77.73 73.55 76.76 + 1.04 98.53 71.91 0.01 0.01 0.01 unch 0.00 0.01 0.00 0.54 0.42 0.49 - 0.05 0.90 0.05 0.70 0.56 0.64 - 0.06 1.18 0.07 0.08 0.08 0.08 unch 0.00 0.18 0.08 0.02 0.01 0.02 + 0.00 0.08 0.00 0.08 0.08 0.08 unch 0.00 0.90 0.07 0.11 0.10 0.10 - 0.01 0.55 0.09 0.00 0.00 0.08 unch 0.00 0.08 0.07 1.41 1.23 1.29 + 0.04 1.88 1.05 1.08 0.93 1.01 + 0.05 1.47 0.81 0.20 0.14 0.17 - 0.04 0.43 0.14 0.02 0.02 0.02 unch 0.00 0.03 0.01 0.02 0.02 0.02 unch 0.00 0.04 0.01 0.85 0.78 0.84 unch 0.00 1.46 0.68 0.20 0.16 0.18 - 0.03 0.32 0.05 0.27 0.21 0.23 - 0.02 0.42 0.06

Sabina Gd&Slvr T 665 Sabina Gd&Slvr* O 175 Sable Res* O 134 Sable Res V 2706 Sage Gold* O 1 Sailfish Rylty V 19 Saint Jean* O 1 Saint Jean V 117 Salazar Res* O 302 Salazar Res V 246 Salt Lake Pot* O 140 Sama Res V 536 Sama Res* O 100 Samex Mng* O 50

1.51 1.40 1.49 + 0.09 2.62 1.11 1.15 1.04 1.13 + 0.06 2.00 0.85 0.25 0.20 0.20 - 0.01 0.28 0.12 0.33 0.25 0.27 - 0.01 0.37 0.14 0.00 0.00 0.00 unch 0.00 0.14 0.00 1.40 1.11 1.30 - 0.18 3.07 0.75 0.02 0.02 0.02 unch 0.00 0.05 0.01 0.04 0.00 0.03 unch 0.00 0.24 0.02 0.10 0.08 0.10 + 0.02 0.12 0.08 0.13 0.00 0.13 + 0.02 0.18 0.11 0.40 0.39 0.39 unch 0.00 0.47 0.32 0.33 0.30 0.33 - 0.01 0.50 0.24 0.26 0.26 0.26 unch 0.00 0.41 0.18 0.00 0.00 0.00 unch 0.00 0.00 0.00

R

S

(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

25 San Gold Corp* O 40 San Marco Res* O 183 San Marco Res V V 1304 Sanatana Diam Sandfire Res V 92 Sandfire Res* O 152 O 145 Sandspring Res* V 472 Sandspring Res T 1568 Sandstorm Gold X 4970 Sandstorm Gold* 0 Sandy Lake Gld* O 233 Sandy Lake Gld V Santa Fe Gold* O 474 V 50 Santacruz Silv Sarama Res V 505 Sarissa Res* O 469 Satori Res V 125 Saturn Mnrls V 923 Savary Gold V 296 Savary Gold* O 157 Saville Res V 247 O 155 Scandium Intl* 507 Scandium Intl T Scorpio Gold V 218 ScoZinc Mg V 66 ScoZinc Mg* O 0 Seabridge Gld* N 2120 Seabridge Gld T 408 Search Mnls V 157 Search Mnls* O 5 Searchlight* O 364 Searchlight V 189 Searchlight* O 20 Secova Mtls V 206 Sego Res V 38 Select Sands V 5021 T 2920 Semafo Senator Mnrls V 45 V 6 Sennen Potash Serabi Gold* O 0 Serabi Gold T 28 Serengeti Res V 3381 Shamrock Ent 602 14971 Sherritt Intl T V 79 Shoshoni Gold N Sibanye-Stillw* 19244 O 0 Sibanye-Stillw* O 170 Sidney Resrces* Sienna Res V 864 Sienna Res* O 40 Sierra Metals* X 201 Sierra Metals T 977 V 230 Sigma Lithium Signature Res V 900 O 346 Signature Res* 53 Silver Bear Rs* O 169 Silver Bear Rs T Silver Bull Re* O 967 Silver Bull Re T 1142 Silver Grail V 609 Silver Hill* O 4 61 Silver Mtn Mns* O 152 Silver Mtn Mns V O 5 Silver Predatr* Silver Predatr V 2 Silver Range* O 24 Silver Range V 185 Silver Scott* O 3 O 1 Silver Spruce* Silver Spruce V 108 O 0 Silver Stream* Silver Viper* O 1 Silver Viper V 34 T 1247 Silvercorp Met X 1435 Silvercorp Met* X 490 SilverCrest Mt* V 696 SilverCrest Mt O 17 Silverstar Res* Sirios Res* O 3 Sirios Res V 396 Sitka Gold 63 Skeena Res V 554 Skeena Res* O 45 O 242 Skyharbour Res* V 1146 Skyharbour Res Slam Explor V 406 O 52 Sojourn Explor* V 129 Sojourn Explor O 42 Sokoman Iron* Sokoman Iron V 2911 SolGold plc* O 15 SolGold plc T 43 T 10 Solitario Ex&R X 235 Solitario Ex&R* Solstice Gold V 4677 331 Sonora Gld & S V Sonoro Mtls* O 15 Sonoro Mtls V 788 South32* O 2 O 4 Southern Arc* Southern Arc V 24 N 6437 Southern Copp* O 193 Southern Silvr* Southern Silvr V 248 T 47 SouthGobi Res 571 Spanish Mtn Gd V Spanish Mtn Gd* O 103 Sparton Res V 7366 Sparton Res* O 245 O 153 Spearmint Res* Spearmint Res 4739 Spey Resources 1395 Sphinx Res V 566 102 Sprott Res Hld T Spruce Ridge R V 2766 SRG Graphite V 64 SSR Mining* D 3819 SSR Mining T 1047 St Augustine T 346 3 St Elias Mns* O O 34 St-Georges Eco* St-Georges Eco 7913 O 29 Stakeholdr Gld* V 232 Stakeholdr Gld O 951 Standard Graph* Standard Lith V 844 O 30 Standard Metal* Stans Energy V 497 O 250 Stans Energy* Star Diamond T 4750 O 437 Star Diamond* Star Gold* O 103 Starcore Intl T 115 24 Starr Peak Exp V O 0 Steele Oceanic* Stellar Africa* O 8 Stellar Africa V 89 Stelmine Can V 88 Steppe Gold T 55 Sterling Grp* O 1 T 1366 Stornoway Diam O 268 Stornoway Diam* Stratabd Mnr V 354 Strateco Res* O 54 O 162 Strategic Metl* Strategic Metl V 69 Strategic Res V 1 Stria Lithium V 33 V 181 Strikepoint Gd O 48 Strikepoint Gd* V 452 Strongbow Expl O 356 Strongbow Expl* Stroud Res V 508 Sulliden Mng T 677 Sun Metals V 7388 Suncor Energy T 26132 N 23569 Suncor Energy* V 124 Sunvest Mnrls O 23 Sunvest Mnrls* O 34 Superior Gold* Superior Gold V 352 Superior Mng V 31 Supreme Metals 2021 30 Surge Copper * O Surge Copper V 12 Surge Explor* O 115 Surge Explor V 168 Sutter Gold* O 246 Sutter Gold V 129 Syrah Res* O 104

0.00 0.00 0.00 unch 0.00 0.01 0.00 0.12 0.11 0.12 + 0.01 0.23 0.09 0.16 0.14 0.16 + 0.02 0.30 0.12 0.02 0.05 0.03 0.05 + 0.01 0.07 0.06 0.08 0.07 0.08 + 0.01 0.11 0.05 0.07 0.05 0.06 - 0.00 0.10 0.14 0.17 0.15 0.15 - 0.01 0.32 0.19 0.22 0.21 0.22 + 0.01 0.40 4.62 5.09 4.83 5.03 + 0.05 6.95 3.52 3.90 3.66 3.82 + 0.03 5.64 0.00 0.00 0.05 unch 0.00 0.10 0.03 0.08 0.07 0.08 + 0.01 0.13 0.04 0.08 0.06 0.08 + 0.01 0.20 0.04 0.08 0.11 0.10 0.10 - 0.01 0.17 0.06 unch 0.00 0.15 0.06 0.06 0.06 0.00 0.00 0.00 0.00 + 0.00 0.01 0.05 unch 0.00 0.15 0.08 0.06 0.06 0.11 0.26 0.25 0.25 - 0.01 0.30 0.04 0.04 0.04 0.04 - 0.01 0.08 0.02 0.03 0.02 0.02 - 0.01 0.06 0.05 0.06 0.05 0.05 - 0.01 0.12 0.11 0.17 0.16 0.17 - 0.01 0.24 0.23 0.21 0.22 - 0.02 0.32 0.13 0.02 unch 0.00 0.05 0.02 0.02 0.02 0.57 0.73 0.00 0.68 - 0.06 1.53 0.53 unch 0.00 1.23 0.00 0.00 0.53 13.33 12.50 12.87 - 0.32 15.30 9.80 12.61 17.51 16.57 16.93 - 0.37 19.84 0.03 unch 0.00 0.09 0.04 0.04 0.04 0.04 unch 0.00 0.07 0.03 0.03 0.03 0.01 0.01 0.01 0.01 - 0.00 0.05 0.03 unch 0.00 0.23 0.04 0.04 0.04 0.01 0.03 0.02 0.02 - 0.01 0.16 0.06 0.07 0.06 0.06 - 0.01 0.40 0.03 0.04 0.03 0.03 - 0.01 0.09 0.08 0.17 0.09 0.12 + 0.02 0.69 2.73 3.07 2.82 2.90 - 0.16 4.14 0.04 unch 0.00 0.99 0.07 0.07 0.07 0.30 unch 0.00 0.55 0.45 0.00 0.45 0.03 unch 0.00 0.82 0.00 0.00 0.65 0.55 0.70 0.55 0.60 + 0.05 1.60 0.12 0.47 0.36 0.39 - 0.03 0.60 0.03 0.04 0.03 0.03 - 0.01 0.08 0.56 0.65 0.56 0.65 + 0.01 1.87 0.04 unch 0.00 0.08 0.06 0.00 0.05 2.02 2.94 2.50 2.55 - 0.31 5.44 0.58 unch 0.00 1.34 0.00 0.00 0.79 0.00 0.00 0.00 0.00 - 0.00 0.01 0.05 0.06 0.05 0.05 + 0.01 0.39 0.04 0.04 0.04 0.04 + 0.00 0.32 2.13 2.55 2.21 2.53 + 0.22 3.00 2.68 3.30 2.92 3.29 + 0.29 3.85 1.20 2.15 1.99 2.05 - 0.05 2.40 0.05 0.10 0.08 0.10 + 0.01 0.14 0.04 0.08 0.07 0.07 - 0.01 0.11 0.16 0.14 0.14 - 0.00 0.26 0.09 0.21 0.18 0.19 - 0.01 0.32 0.12 0.12 0.09 0.11 + 0.02 0.23 0.08 0.15 0.12 0.15 + 0.04 0.29 0.10 0.04 0.04 0.04 0.04 - 0.01 0.10 0.11 0.17 0.00 0.11 - 0.06 0.25 0.01 0.01 0.01 unch 0.00 0.03 0.01 0.02 0.01 0.02 + 0.01 0.03 0.01 0.05 unch 0.00 0.14 0.06 0.06 0.06 0.07 unch 0.00 0.19 0.00 0.00 0.09 0.08 0.09 0.08 0.08 - 0.01 0.15 0.09 0.13 0.11 0.11 - 0.02 0.19 0.01 unch 0.00 0.24 0.02 0.02 0.02 0.01 unch 0.00 0.06 0.02 0.02 0.02 0.02 0.02 0.02 0.02 - 0.01 0.08 0.04 unch 0.00 6.96 6.95 6.95 6.95 0.08 unch 0.00 0.12 0.08 0.08 0.08 0.09 unch 0.00 0.25 0.11 0.11 0.11 2.72 3.21 2.87 3.03 - 0.08 4.02 2.12 2.45 2.18 2.30 - 0.05 3.12 0.84 2.89 2.49 2.75 + 0.12 3.07 1.05 3.80 3.28 3.75 + 0.31 3.80 0.02 0.10 0.04 0.10 + 0.00 2.00 0.12 unch 0.00 0.26 0.12 0.12 0.12 0.15 0.16 0.15 0.15 - 0.01 0.34 0.06 0.13 0.10 0.10 + 0.01 0.30 0.29 0.42 0.36 0.38 - 0.02 0.80 0.23 0.31 0.28 0.29 - 0.00 0.66 0.25 0.39 0.31 0.39 + 0.07 0.44 0.32 0.55 0.41 0.52 + 0.10 0.57 0.03 unch 0.00 0.07 0.03 0.03 0.03 0.08 0.11 0.00 0.11 + 0.01 0.21 0.07 0.15 0.12 0.14 - 0.02 0.29 0.00 0.13 0.12 0.12 - 0.01 0.45 0.03 0.18 0.16 0.16 - 0.02 0.58 0.27 0.52 0.48 0.49 - 0.03 0.58 0.32 0.66 0.63 0.66 + 0.02 0.71 0.39 0.42 0.40 0.42 + 0.02 0.88 0.30 0.33 0.30 0.32 + 0.02 0.71 0.12 0.15 0.12 0.14 + 0.01 0.38 0.08 0.08 0.08 unch 0.00 0.20 0.07 0.07 unch 0.00 0.14 0.14 0.14 0.14 0.07 0.15 0.13 0.15 + 0.02 0.20 2.35 2.67 0.00 2.67 - 0.04 3.10 0.22 unch 0.00 0.57 0.22 0.22 0.22 0.27 0.34 0.27 0.29 - 0.05 0.74 35.59 41.42 35.59 40.61 + 3.21 58.09 0.12 0.15 0.13 0.15 - 0.01 0.31 0.15 0.22 0.18 0.18 - 0.04 0.38 0.10 0.11 0.10 0.11 - 0.01 0.25 0.07 0.06 0.06 unch 0.00 0.14 0.06 0.06 0.04 0.05 - 0.02 0.12 0.04 0.04 unch 0.00 0.14 0.12 0.08 0.09 0.03 0.09 0.07 0.07 + 0.03 0.11 0.00 0.04 0.01 0.03 - 0.00 0.11 0.02 0.05 0.04 0.05 - 0.01 0.14 0.09 unch 0.00 0.16 0.10 0.09 0.09 0.04 0.05 0.04 0.05 - 0.01 0.08 1.45 1.36 1.38 - 0.08 3.40 1.38 0.05 0.04 0.04 - 0.01 0.06 0.01 0.70 0.94 0.87 0.93 - 0.03 2.25 10.25 9.71 9.97 - 0.15 11.44 7.64 13.44 12.75 13.07 - 0.19 14.62 9.66 0.02 0.03 0.00 0.02 + 0.01 0.04 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.03 0.07 0.03 0.07 + 0.04 2.20 0.04 0.12 0.04 0.09 + 0.05 2.90 0.05 0.09 0.08 0.08 - 0.00 0.45 0.06 0.13 0.08 0.09 + 0.01 0.64 0.18 0.80 0.65 0.71 - 0.06 1.13 0.80 1.40 1.24 1.38 + 0.01 2.85 0.02 0.13 0.11 0.12 - 0.00 0.23 0.02 unch 0.00 0.05 0.03 0.00 0.03 0.01 0.02 0.01 0.02 - 0.00 0.04 0.15 0.38 0.25 0.28 - 0.04 0.38 0.12 0.29 0.21 0.22 - 0.03 0.29 0.02 0.06 0.06 0.06 - 0.00 0.10 0.10 0.11 0.10 0.11 + 0.01 0.31 0.09 0.09 0.09 unch 0.00 0.19 0.09 0.55 unch 0.00 1.98 0.00 0.00 0.55 0.01 unch 0.00 0.05 0.02 0.01 0.01 0.02 0.03 0.02 0.03 + 0.01 0.07 0.10 unch 0.00 0.45 0.12 0.11 0.11 0.86 1.00 0.90 1.00 + 0.02 2.01 0.03 unch 0.00 0.10 0.05 0.05 0.05 0.25 0.28 0.25 0.26 - 0.02 0.78 0.19 0.21 0.19 0.19 - 0.02 0.60 0.03 unch 0.00 0.08 0.03 0.03 0.03 0.00 0.00 0.00 0.00 - 0.00 0.01 0.25 0.28 0.25 0.26 - 0.02 0.43 0.34 0.37 0.33 0.33 - 0.03 0.52 0.16 unch 0.00 0.27 0.00 0.00 0.22 0.02 0.03 0.02 0.02 - 0.01 0.08 0.15 0.19 0.15 0.17 - 0.02 0.29 0.11 0.15 0.12 0.14 - 0.01 0.23 0.10 0.22 0.16 0.19 + 0.03 0.28 0.09 0.17 0.13 0.16 + 0.04 0.22 0.01 unch 0.00 0.03 0.02 0.01 0.01 0.11 0.15 0.11 0.13 - 0.02 0.65 0.12 0.29 0.22 0.27 + 0.05 0.40 40.49 44.99 43.12 44.08 - 0.28 55.47 31.33 34.40 32.80 33.56 - 0.32 42.55 0.04 unch 0.00 0.14 0.04 0.04 0.04 0.02 0.03 0.02 0.02 - 0.00 0.18 0.55 0.62 0.55 0.59 + 0.02 1.28 0.70 0.84 0.70 0.76 + 0.02 1.62 0.04 unch 0.00 0.09 0.06 0.06 0.06 0.02 unch 0.00 0.08 0.03 0.03 0.03 0.06 0.06 0.06 unch 0.00 0.21 0.06 0.07 0.08 0.00 0.08 - 0.01 0.26 0.08 0.11 0.09 0.10 - 0.01 0.36 0.10 0.15 0.12 0.13 - 0.01 0.28 0.01 0.01 0.01 0.01 + 0.00 0.03 0.01 0.02 0.02 0.02 + 0.01 0.03 0.97 1.25 1.04 1.24 + 0.25 3.85

T 2.35 16203 2.66 2.35 2.52 - 0.01 5.63 Tahoe Res* N

2018-11-05 12:08 PM


GLOBAL MINING NEWS

(100s) Stock

THE NORTHERN MINER / NOVEMBER 12–25, 2018

Week

12-month

Exc Volume High Low Last Change High Low

Tahoe Res T 4159 Taiga Gold* O 46 Taiga Gold 157 Taku Gold 644 Taku Gold* O 1 Talmora Diamd 150 Talon Metals T 147 O 5774 Tamino Mnrls* Tanager Energy V 103 Tango Mining V 77 V 576 Tanqueray Expl Tantalex Res 269 V 31 Tanzania Mnls Tanzania Rlty T 46 X 557 Tanzania Rlty* Taranis Res* O 2 Taranis Res V 263 Tarku Res V 482 Tartisan Nick 294 Tasca Res V 4306 Taseko Mines T 520 X 2102 Taseko Mines* T 11106 Teck Res Teck Res T 17 Teck Res* N 21553 3 Telson Res * O Telson Res V 25 Tembo Gold V 39 Tembo Gold* O 100 Teranga Gold T 798 O 137 Teranga Gold* Teras Res V 268 Teras Res* O 3 Terraco Gold V 921 Terrax Mnrls* O 35 Terrax Mnrls V 214 Terreno Res V 215 979 Teslin Rvr Res V Tesoro Mnrls V 3 Tethyan Res V 77 Teuton Res V 285 Teuton Res* O 21 O 69 Texas Mineral* Themac Res V 5 Thor Expl V 224 1 Thunder Mtn Gd* O V 265 Thunderstruck O 11 Thunderstruck* Tiger Intl V 0 Till Capital V 4 V 93 Timberline Res 44 Timberline Res* O Timmins Gold T 767 Timmins Gold* X 1284 Tinka Res V 1006 Tinka Res* O 291 Titan Mining* O 42 Titan Mining T 82 Titanium Corp V 97 O 1 TMAC Resource* 151 TMAC Resources T TNR Gold V 211 676 Toachi Mg Inc V Tolima Gold V 706 TomaGold V 119 O 5125 Tombstone Expl* O 34 Tonogold Res* 38 Torex Gold* O Torex Gold T 1161 V 258 Torq Resources O 50 Torq Resources* Tower Res* O 20 Tower Res V 733 Transatlan Mng V 199 Transition Mtl V 58

3.48 3.09 3.31 - 0.02 7.27 3.09 0.07 0.06 0.06 - 0.01 0.16 0.06 0.11 0.09 0.09 - 0.01 0.21 0.08 0.06 0.05 0.05 - 0.01 0.15 0.04 0.04 0.04 0.04 unch 0.00 0.12 0.02 0.03 0.02 0.02 unch 0.00 0.06 0.01 0.08 0.07 0.07 - 0.01 0.12 0.05 0.00 0.00 0.00 + 0.00 0.00 0.00 0.05 0.05 0.05 - 0.01 0.15 0.05 0.02 0.00 0.02 unch 0.00 0.06 0.02 0.93 0.72 0.83 + 0.05 1.32 0.33 0.08 0.07 0.07 unch 0.00 0.25 0.06 0.23 0.16 0.16 - 0.08 1.20 0.12 0.57 0.49 0.53 + 0.01 0.89 0.31 0.43 0.38 0.41 + 0.03 0.68 0.24 0.05 0.05 0.05 - 0.03 0.11 0.03 0.10 0.08 0.10 + 0.02 0.14 0.06 0.02 0.02 0.02 unch 0.00 0.06 0.02 0.04 0.03 0.04 unch 0.00 0.16 0.04 0.09 0.00 0.08 + 0.04 0.62 0.04 0.96 0.84 0.94 + 0.09 2.98 0.81 0.74 0.62 0.72 + 0.08 2.38 0.62 28.69 24.05 27.90 + 3.10 39.08 23.90 29.98 24.11 27.89 + 2.99 39.00 23.89 21.91 18.32 21.23 + 2.32 30.80 18.17 0.37 0.37 0.37 unch 0.00 0.74 0.33 0.43 0.41 0.41 - 0.02 1.00 0.41 0.02 0.02 0.02 unch 0.00 0.04 0.02 0.02 0.01 0.02 unch 0.00 0.03 0.01 3.79 3.46 3.53 - 0.08 5.63 2.36 2.91 2.65 2.70 - 0.03 4.33 1.83 0.06 0.05 0.05 - 0.01 0.14 0.04 0.04 0.04 0.04 unch 0.00 0.11 0.03 0.10 0.08 0.09 + 0.01 0.10 0.07 0.31 0.29 0.29 + 0.00 0.47 0.25 0.41 0.38 0.39 - 0.01 0.58 0.33 0.04 0.04 0.04 unch 0.00 0.18 0.03 0.43 0.37 0.39 - 0.02 0.62 0.33 0.05 0.00 0.05 unch 0.00 0.12 0.05 0.18 0.00 0.18 + 0.02 0.48 0.15 0.15 0.12 0.12 - 0.03 0.25 0.12 0.11 0.10 0.10 - 0.01 0.19 0.10 0.21 0.20 0.21 - 0.01 0.35 0.10 0.06 0.06 0.06 unch 0.00 0.10 0.03 0.19 0.15 0.19 + 0.04 0.22 0.09 0.12 0.12 0.12 unch 0.00 0.22 0.08 0.07 0.06 0.06 + 0.01 0.12 0.04 0.05 0.04 0.05 + 0.01 0.15 0.03 0.00 0.00 0.10 unch 0.00 0.17 0.04 2.35 2.08 2.31 + 0.21 5.60 1.90 0.12 0.00 0.12 unch 0.00 0.38 0.08 0.09 0.08 0.09 - 0.00 1.08 0.91 1.00 + 0.02 5.23 0.81 0.83 0.69 0.77 + 0.02 4.09 0.63 0.33 0.30 0.32 + 0.01 0.87 0.30 0.26 0.22 0.24 + 0.01 0.75 0.22 1.02 0.97 1.02 + 0.04 1.05 0.90 1.38 1.19 1.30 + 0.03 1.65 0.92 0.65 0.58 0.60 - 0.07 1.46 0.58 3.96 0.00 3.94 + 0.05 9.24 3.07 5.49 4.86 5.49 + 0.17 11.50 3.95 0.04 0.00 0.04 unch 0.00 0.09 0.03 0.09 0.07 0.09 + 0.02 0.29 0.07 0.01 0.01 0.01 unch 0.00 0.06 0.01 0.06 0.05 0.06 unch 0.00 0.09 0.05 0.00 0.00 0.00 + 0.00 0.01 0.00 0.10 0.08 0.09 + 0.01 0.40 0.00 9.62 8.81 9.13 - 0.27 14.23 5.73 12.65 11.52 11.99 - 0.37 18.27 7.29 0.43 0.32 0.43 + 0.10 0.70 0.32 0.32 0.25 0.32 + 0.03 1.10 0.25 0.03 0.03 0.03 - 0.00 0.12 0.03 0.03 0.03 0.03 - 0.01 0.17 0.03 0.05 0.05 0.05 unch 0.00 0.10 0.03 0.12 0.11 0.12 - 0.01 0.20 0.10

(100s) Stock

Week

12-month

Exc Volume High Low Last Change High Low

Treasury Metal T 482 O 84 Treasury Metal* Trecora Res* N 268 Tres-Or Res V 84 Trevali Mng* O 434 15512 Trevali Mng T 253 Tri Origin Exp V Trident Gold V 2 Trifecta Gold* O 2 Trifecta Gold V 18 Trigen Res* O 91 Trilogy Mtls T 38 Trilogy Mtls* X 512 O 58 TriMetals Mng* TriMetals Mng* O 18 T 259 TriMetals Mng Trinity Res* O 1 Trinity Valley V 191 O 1500 Trio Resources* TriStar Gold* O 112 TriStar Gold V 208 Triumph Gold V 371 Triumph Gold* O 263 Troilus Gold T 154 Troilus Gold* O 0 V 35 Troubadour Res Troymet Expl V 80 True Grit Res V 190 258 True North Gem V True North Gem* O 51 V 423 Trueclaim Expl Tsodilo Res V 27 Tudor Gold V 27 16 Tudor Gold * O Tundra Gold* O 2 Turquoise HIl T 8329 45440 Turquoise HIl* N TVI Pacific V 1290 Typhoon Expl V 192

0.25 0.23 0.24 - 0.01 0.67 0.23 0.19 0.17 0.18 - 0.01 0.65 0.17 11.60 9.66 9.75 - 1.75 15.60 9.74 0.03 0.02 0.03 + 0.01 0.07 0.02 0.43 0.36 0.41 + 0.02 1.37 0.36 0.56 0.47 0.55 + 0.03 1.75 0.47 0.02 0.02 0.02 unch 0.00 0.04 0.02 0.00 0.00 0.15 unch 0.00 0.22 0.14 0.04 0.04 0.04 + 0.00 0.10 0.04 0.06 0.00 0.06 + 0.01 0.15 0.05 0.29 0.23 0.26 + 0.00 1.01 0.20 2.74 2.59 2.71 + 0.04 3.00 0.90 2.15 1.98 2.06 + 0.06 2.34 0.69 0.07 0.06 0.06 - 0.01 0.18 0.04 0.19 0.16 0.19 - 0.00 0.21 0.11 0.09 0.08 0.08 unch 0.00 0.23 0.06 0.01 0.00 0.01 unch 0.00 0.10 0.01 0.04 0.04 0.04 unch 0.00 0.16 0.04 0.00 0.00 0.00 unch 0.00 0.00 0.00 0.13 0.10 0.12 - 0.01 0.27 0.10 0.17 0.14 0.15 - 0.01 0.33 0.11 0.54 0.40 0.41 - 0.09 0.80 0.26 0.39 0.30 0.31 - 0.08 0.60 0.20 0.66 0.40 0.57 - 0.09 2.25 0.40 0.00 0.00 0.57 unch 0.00 1.59 0.57 0.20 0.18 0.20 + 0.02 0.25 0.12 0.01 0.01 0.01 - 0.01 0.02 0.01 0.04 0.03 0.04 + 0.01 0.07 0.03 0.06 0.03 0.05 unch 0.00 0.15 0.03 0.04 0.00 0.04 + 0.02 0.04 0.00 0.09 0.07 0.08 - 0.01 0.30 0.07 0.39 0.23 0.31 + 0.07 0.68 0.21 0.26 0.22 0.25 unch 0.00 0.61 0.20 0.19 0.19 0.19 - 0.00 0.46 0.15 0.50 0.38 0.38 unch 0.00 1.00 0.38 2.70 2.09 2.55 + 0.35 4.52 2.09 2.06 1.60 1.95 + 0.28 3.59 1.59 0.01 0.01 0.01 unch 0.00 0.02 0.01 0.04 0.04 0.04 + 0.01 0.10 0.04

U.S. Gold* D 529 U.S. Lithium* O 870 U3O8 Corp* O 17 U3O8 Corp T 96 Ubique Mineral 43 UC Res* O 0 177 Ucore Rare Mtl V Ucore Rare Mtl* O 494 UEX Corp T 3669 Ultra Lithium* O 105 Ultra Lithium V 58 O 98 Umbral Enrgy* Unigold V 102 Unigold* O 2 United Battery* O 823 United Battery 1014 United Res Hdg* O 272 United Silver* O 260 United States A* X 159 United States S* N 41482 Unity Energy V 360 V 519 Universal Vent Upper Canyon V 6 Ur-Energy T 551 Ur-Energy* X 3702 Uragold Bay Rs V 1021 X 5717 Uranium Energy* Uranium Hunter* O 4 Uranium Res* D 5830 Uravan Mnrls V 251 USCorp* O 6 N 134484 Vale* Valencia Vent* O 0

1.10 0.97 1.08 + 0.05 3.27 0.97 0.02 0.02 0.02 - 0.00 0.05 0.01 0.20 0.19 0.19 - 0.01 0.49 0.19 0.30 0.25 0.25 - 0.03 0.60 0.23 0.20 0.17 0.20 unch 0.00 0.25 0.11 0.00 0.00 0.00 unch 0.00 0.20 0.00 0.18 0.17 0.17 - 0.01 0.30 0.17 0.14 0.13 0.13 + 0.01 0.24 0.12 0.20 0.18 0.20 + 0.02 0.41 0.16 0.14 0.12 0.12 - 0.02 0.63 0.12 0.18 0.16 0.16 - 0.02 0.80 0.15 0.18 0.17 0.17 - 0.01 0.64 0.17 0.19 0.15 0.19 + 0.02 0.27 0.13 0.14 0.00 0.14 + 0.01 0.20 0.11 1.06 0.94 1.02 + 0.08 1.58 0.65 1.35 1.24 1.35 + 0.11 1.49 0.40 0.06 0.05 0.05 + 0.00 0.07 0.00 0.00 0.00 0.00 unch 0.00 0.01 0.00 0.73 0.65 0.68 + 0.01 1.05 0.20 29.10 24.84 27.97 + 2.22 47.64 24.84 0.30 0.25 0.30 + 0.10 0.28 0.10 0.39 0.33 0.34 - 0.03 0.63 0.31 0.37 0.00 0.37 + 0.06 0.40 0.15 0.92 0.78 0.92 + 0.11 1.19 0.66 0.70 0.59 0.70 + 0.07 0.93 0.52 0.07 0.06 0.07 - 0.01 0.14 0.06 1.39 1.21 1.33 + 0.12 2.00 1.04 1.70 0.00 1.22 + 0.52 2.09 0.26 0.23 0.15 0.21 + 0.03 1.15 0.15 0.03 0.03 0.03 unch 0.00 0.08 0.03 0.00 0.00 0.00 unch 0.00 0.02 0.00 15.92 14.10 15.45 + 0.38 16.13 9.53 0.00 0.00 0.15 unch 0.00

U-V

(100s) Stock

Week

12-month

(100s)

Exc Volume High Low Last Change High Low

Valley High Mg* O 1848 O 15 ValOre Metals* ValOre Metals V 143 Valoro Res V 56 Valterra Res* O 43 Valterra Res V 21 O 20 Vanadian Enrgy* V 275 Vanadian Enrgy V 5799 Vanadium One O 765 Vanadiumcorp* Vangold Res* O 1 Vangold Res V 517 57 Vanstar Mng Rs* O 167 Vanstar Mng Rs V 1 Vantex Res * O Vantex Res V 3 Vatic Vent V 219 Vatic Vent* O 18 N 3514 Vedanta* O 34 Velocity Mnrls* Velocity Mnrls V 262 Vendetta Mng V 1138 O 435 Vendetta Mng* V 45 Venerable Vent Verde Potash T 271 Verde Res* O 70 Veris Gold* O 3 Vertical Expl* O 15 Vertical Expl V 232 Victoria Gold V 1695 O 8 Victory Nickel* Victory Nickel 105 Victory Res V 87 O 135 Virginia Enrgy* Virginia Enrgy V 106 Viscount Mng V 93 62 Visible Gold M V Visible Gold M* O 190 Vision Lithium V 166 O 61 Vision Lithium* Vista Gold* X 345 Vista Gold T 24 Viva Gold* O 25 Viva Gold V 46 Vizsla Res V 55 Volcanic Gold V 40 O 10 Volcanic Gold* Volt Energy V 97 Voltaic Min V 31 Voyageur Min V 262 O 60 VR Resources* V 155 VR Resources Vulcan Mnrls V 75 VVC Expl V 98

0.01 0.00 0.01 - 0.00 0.04 0.00 0.23 0.32 0.23 0.23 - 0.09 0.48 0.30 0.39 0.30 0.30 - 0.09 1.25 0.12 0.17 0.14 0.14 - 0.02 0.60 0.01 0.02 0.01 0.02 + 0.00 0.04 0.02 unch 0.00 0.04 0.02 0.00 0.02 0.01 0.12 0.09 0.10 - 0.02 0.13 0.06 0.17 0.13 0.14 - 0.03 0.18 0.04 0.26 0.17 0.19 - 0.04 0.29 0.01 0.11 0.07 0.08 - 0.00 0.15 0.03 unch 0.00 0.20 0.03 0.03 0.03 0.03 0.04 0.03 0.03 - 0.01 0.25 0.08 0.07 0.08 + 0.00 0.10 0.07 0.10 0.09 0.10 + 0.01 0.13 0.06 0.12 0.12 0.12 unch 0.00 0.24 0.04 0.17 unch 0.00 0.58 0.17 0.00 0.17 0.06 0.07 0.06 0.07 + 0.01 0.32 0.01 0.05 0.04 0.04 - 0.02 0.64 10.87 12.47 10.89 12.06 + 0.99 21.99 0.09 0.14 0.12 0.13 - 0.01 0.22 0.13 0.17 0.00 0.17 + 0.01 0.34 0.15 unch 0.00 0.26 0.17 0.15 0.17 0.12 0.13 0.12 0.13 + 0.00 0.21 0.09 unch 0.00 0.14 0.11 0.10 0.10 0.39 unch 0.00 1.26 0.85 0.70 0.80 0.00 0.01 0.00 0.01 + 0.00 0.07 0.00 unch 0.00 0.02 0.00 0.00 0.00 0.06 unch 0.00 0.15 0.06 0.06 0.06 0.07 0.09 0.07 0.08 - 0.01 0.40 0.30 0.39 0.37 0.39 + 0.02 0.53 0.01 0.03 0.01 0.03 - 0.00 0.05 0.03 0.04 0.03 0.04 + 0.01 0.07 0.13 0.30 0.19 0.27 + 0.02 0.65 0.07 0.23 0.17 0.23 - 0.00 0.26 0.09 0.29 0.00 0.29 + 0.03 0.34 0.18 0.23 0.20 0.22 - 0.01 0.40 0.06 0.05 0.06 - 0.01 0.18 0.06 0.04 0.04 0.04 unch 0.00 0.14 0.04 unch 0.00 0.79 0.10 0.15 0.10 0.14 0.08 0.11 0.08 0.10 - 0.04 0.62 0.45 0.56 0.50 0.54 - 0.01 0.87 0.60 0.75 0.64 0.70 - 0.03 1.12 0.24 0.28 0.28 0.28 + 0.01 0.40 0.21 0.40 0.36 0.38 - 0.04 0.69 0.15 0.18 0.15 0.15 - 0.03 0.19 0.08 0.10 0.10 0.10 + 0.01 0.36 0.07 unch 0.00 0.18 0.07 0.07 0.07 0.06 0.08 0.06 0.08 + 0.01 0.96 0.15 unch 0.00 0.90 0.16 0.15 0.16 0.05 unch 0.00 0.11 0.09 0.05 0.06 0.13 0.21 0.16 0.21 + 0.03 0.35 0.17 0.27 0.21 0.27 + 0.07 0.43 0.04 0.06 0.05 0.06 + 0.01 0.07 0.03 unch 0.00 0.07 0.03 0.03 0.03

Walker Lane* O 8 Walker River V 466 T 3549 Wallbridge Mng Warrior Gold* O 1 Warrior Gold V 63 Waseco Res V 422 Wealth Mnrls V 478 Wealth Mnrls* O 514 V 263 Wescan Gldflds O 554 Wesdome Gold* T 2682 Wesdome Gold West Af Res V 1208 42 West High Yld V West Kirkland V 158 29 O West Kirkland * 153 West Red Lake 95 West Red Lake* O O 0 Western Areas*

0.05 unch 0.00 0.40 0.30 0.25 0.30 0.05 0.06 0.05 0.06 + 0.01 0.12 0.06 0.24 0.21 0.22 - 0.02 0.35 0.03 0.05 0.05 0.05 + 0.00 0.17 0.05 unch 0.00 0.22 0.09 0.07 0.08 0.03 0.04 0.03 0.04 + 0.01 0.07 0.49 0.58 0.49 0.58 + 0.03 2.34 0.35 0.45 0.35 0.45 + 0.02 1.85 0.01 0.04 0.00 0.04 - 0.01 0.12 1.28 3.20 2.81 3.09 + 0.19 3.79 1.64 4.06 3.69 4.04 + 0.27 4.18 0.27 0.25 0.26 - 0.01 0.50 0.23 0.34 0.00 0.32 - 0.01 0.50 0.20 0.05 unch 0.00 0.09 0.06 0.05 0.05 0.05 0.04 0.05 - 0.00 0.07 0.03 0.06 0.05 0.06 + 0.01 0.16 0.05 0.05 0.04 0.05 + 0.01 0.13 0.03 1.64 unch 0.00 2.82 0.00 0.00 1.94

W-Z

Stock

Week

23

12-month

Exc Volume High Low Last Change High Low

Western Atlas V 65 Western Copper T 82 X 172 Western Copper* Western Pac Rs V 5 1 Western Pac Rs* O Western Potash T 51 Western Res* O 2 Western U&V 217 Western U&V* O 424 O 327 Westhaven Vent* Westhaven Vent V 9298 Westkam Gold* O 224 V 279 Westkam Gold Westminster Rs V 175 O 159 Westmoreland* WestMountain* O 0 Wheaton Prec M* N 11374 Wheaton Prec M T 6692 White Energy* O 5 White Gold* O 22 White Gold V 713 White Metal R* O 887 White Metal Rs V 7293 White Mtn Engy* O 385 O 20 Whitehaven Coa* Whitemud Res V 5 Wildsky Res* O 0 Wildsky Res V 12 Winston Gold* O 98 Winston Gold 4 Winston Res 0 Wolfden Res* O 59 Wolfden Res V 120 Wolfeye Res V 235 O 15 Wolverine Mnls* Wolverine Mnls V 50 Worldwide Res V 50 WPC Res V 147 Xander Res V 55 Xiana Mng V 5 Xiana Mng* O 7 Ximen Mng* O 9 Ximen Mng V 613 Xtierra V 725 T 80 Xtra-Gold Res Xtra-Gold Res* O 61 Yamana Gold T 9954 N 75045 Yamana Gold* Yellowhead Mng V 68 Yorbeau Res T 3238 You Han Data* O 0 Zadar Vent * O 10 Zadar Vent V 339 Zanzibar Gold 2065 Zara Res 4 Zena Mng V 60 Zenyatta Vent* O 3 Zenyatta Vent V 83 Zephyr Mnls* O 5 Zephyr Mnls V 25 Zimtu Capital V 20 Zinc One Res V 998 83 Zinc One Res * O Zincore Mtls V 42 ZincX Res V 333 ZincX Res* O 46 Zonte Mtls V 66

0.09 0.09 0.09 - 0.01 0.32 0.05 0.86 0.81 0.85 unch 0.00 1.35 0.81 0.70 0.61 0.66 + 0.00 1.07 0.61 0.20 0.00 0.20 + 0.02 0.30 0.10 0.14 0.00 0.01 unch 0.00 0.21 0.01 0.27 0.26 0.26 - 0.01 0.58 0.26 0.20 0.00 0.20 - 0.01 0.35 0.20 2.95 2.21 2.80 + 0.34 3.32 0.44 2.25 1.68 2.13 + 0.25 2.70 1.59 0.98 0.63 0.77 + 0.07 0.98 0.08 1.34 0.80 1.06 + 0.12 1.34 0.09 0.01 0.00 0.01 - 0.00 0.04 0.00 0.01 0.01 0.01 unch 0.00 0.05 0.01 0.06 0.00 0.06 - 0.02 0.25 0.05 0.06 0.04 0.05 - 0.01 1.95 0.04 0.00 0.00 3.30 unch 0.00 11.00 1.15 17.30 16.18 17.15 + 0.75 22.87 15.18 22.64 21.24 22.45 + 0.96 29.93 19.87 0.23 0.23 0.23 unch 0.00 0.31 0.11 1.12 1.05 1.10 + 0.04 1.44 0.46 1.50 1.34 1.47 + 0.02 2.00 0.54 0.09 0.04 0.07 + 0.03 0.19 0.03 0.11 0.05 0.08 + 0.02 0.25 0.03 0.00 0.00 0.00 - 0.00 0.00 0.00 3.50 3.50 3.50 unch 0.00 4.37 2.77 0.01 0.01 0.01 unch 0.00 0.05 0.01 0.10 0.00 0.10 unch 0.00 0.77 0.08 0.13 0.00 0.11 - 0.01 1.01 0.10 0.03 0.03 0.03 - 0.00 0.09 0.02 0.04 0.00 0.04 unch 0.00 0.09 0.03 0.00 0.00 0.07 unch 0.00 0.24 0.07 0.19 0.17 0.18 - 0.01 0.56 0.17 0.26 0.22 0.24 - 0.03 0.68 0.23 0.75 0.69 0.73 - 0.01 1.62 0.63 0.09 0.09 0.09 unch 0.00 0.12 0.06 0.13 0.11 0.12 + 0.02 0.17 0.07 0.04 0.04 0.04 unch 0.00 0.09 0.01 0.03 0.03 0.03 unch 0.00 0.05 0.02 0.12 0.10 0.12 unch 0.00 0.26 0.09 0.43 0.43 0.43 unch 0.00 0.70 0.09 0.33 0.32 0.32 unch 0.00 0.55 0.06 0.17 0.15 0.17 + 0.02 0.44 0.10 0.24 0.20 0.24 + 0.04 0.25 0.13 0.05 0.04 0.04 - 0.01 0.08 0.02 0.30 0.28 0.28 - 0.02 0.30 0.18 0.23 0.22 0.23 + 0.05 0.23 0.11 3.18 2.92 3.12 + 0.07 4.69 2.92 2.43 2.23 2.36 + 0.03 3.80 2.23 0.20 0.11 0.20 + 0.08 0.70 0.10 0.04 0.02 0.03 - 0.01 0.10 0.02 0.00 0.00 1.20 unch 0.00 2.80 0.75 0.03 0.03 0.03 unch 0.00 0.08 0.02 0.04 0.03 0.03 - 0.01 0.13 0.03 0.11 0.10 0.10 unch 0.00 0.15 0.10 0.07 0.00 0.07 - 0.02 0.24 0.07 0.06 0.06 0.06 + 0.01 0.18 0.05 0.33 0.33 0.33 - 0.01 0.65 0.31 0.45 0.42 0.42 - 0.03 0.84 0.40 0.16 0.14 0.14 + 0.01 0.27 0.14 0.20 0.20 0.20 unch 0.00 0.34 0.18 0.23 0.00 0.22 - 0.02 0.40 0.20 0.11 0.09 0.10 - 0.01 0.55 0.09 0.08 0.06 0.07 - 0.01 0.45 0.06 0.05 0.05 0.05 unch 0.00 0.35 0.03 0.35 0.32 0.34 - 0.01 0.75 0.24 0.26 0.25 0.25 - 0.00 0.56 0.19 0.35 0.32 0.35 + 0.01 0.41 0.12

BID-ASK — OCTOBER 29–NOVEMBER 2, 2018 STOCK

55 North AEX Gold African Metals Aguila Amer Gd Alba Minerals Alchemist Mng Alderon Iron* Aldever Res Alexandra Cap Allante Potash ALQ Gold Altitude Res Alturas Mnrls AM Resources Amador Gold Amanta Res Anglo-Bomarc Angus Ventures Antler Hill Arch Coal* Archon Mineral Arcturus Vent Argentum Silvr Arian Res Arrowstar Res Asbestos Corp Atlatsa Res* Aurcana Corp Aurelius Min Awale Res AXE Expl Banro Corp* BC Moly Bearclaw Cap Bell Copper Benz Mining Bethpage Cap BHK Mining Black Bull Res Blind Crk Res Boss Power Braveheart Res Brigadier Gold Broadway Gold Brunswick Res Bullman Mnls Cairo Res Canada Coal Canoe Mng Vent Caracara Silvr Cassius Vents Cdn Intl Mnrls Cdn Platinum Cdn Silvr Hunt Century Global Cerro de Pasc Chilean Metals Cicada Vents CIM Intl Grp Cliffs Nat Res* Clydesdale Res Conquest Res Cresval Cap CWN M’g Acq Cyntar Venture Cyprium Mng Damara Gold Dawson Gold Discovery-Corp Duncan Park H Eastern Zinc Electra Stone Empire Rock European Metal EVI Global Grp Evolving Gold Excalibur Res Fieldex Expl

12-MONTH

EXC BID ASK LAST HIGH

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

20-23_NOV12_StockTables.indd 23

0.02 0.02 0.02 0.35 0.44 0.44 0.63 0.06 0.09 0.06 0.19 0.28 0.24 0.30 0.15 0.16 0.16 0.28 0.05 0.06 0.06 0.35 ... 0.40 0.14 0.52 0.04 0.05 0.04 0.21 ... ... 0.50 0.93 0.12 0.35 0.10 0.11 1.10 1.10 0.22 0.05 0.08 0.05 0.09 0.01 0.01 0.01 0.06 0.17 0.18 0.19 0.31 0.13 0.13 0.19 0.19 0.01 0.02 0.01 0.08 0.08 0.15 0.16 ... ... 0.42 0.50 0.02 0.20 0.10 0.23 ... ... 0.58 0.68 0.98 0.68 1.31 0.09 0.15 0.09 0.20 0.15 0.23 0.17 0.33 0.01 0.02 0.01 0.15 0.15 0.12 0.12 0.35 0.99 0.35 0.90 ... ... 0.06 0.45 0.17 0.17 0.23 0.28 0.13 0.14 0.14 0.15 0.08 0.10 0.09 0.48 0.04 0.04 0.06 0.17 0.11 0.11 0.11 2.10 0.06 0.12 0.06 0.16 0.03 0.04 0.03 0.06 0.17 0.20 0.20 0.22 0.08 0.08 0.08 0.29 0.01 ... 0.07 0.14 0.02 0.02 0.02 0.10 0.18 0.10 0.05 0.07 0.07 0.38 0.17 0.20 0.17 0.10 0.10 0.10 0.12 0.10 0.15 0.10 0.26 0.12 0.13 0.12 0.54 0.03 0.04 0.03 0.05 0.07 0.12 0.07 0.10 0.37 0.45 0.36 0.43 0.08 0.10 0.09 0.12 0.05 0.05 0.14 0.25 0.15 0.15 0.11 0.30 0.06 0.10 0.06 0.08 0.23 0.23 0.15 0.40 0.02 0.02 0.03 0.05 0.05 0.05 0.06 0.11 0.16 0.20 0.17 0.29 ... ... 0.29 0.34 0.08 0.12 0.09 0.34 0.01 0.01 0.01 0.03 0.21 0.35 0.26 0.35 1.45 3.20 1.43 7.17 0.05 0.15 0.08 0.15 0.02 0.03 0.02 0.10 0.07 0.07 0.05 0.05 0.04 0.08 0.05 0.25 0.09 0.13 0.15 0.15 0.03 0.03 0.03 0.05 0.05 0.05 0.22 0.01 0.30 0.30 0.01 0.02 0.01 0.04 ... 0.01 0.01 0.02 0.16 0.30 0.19 0.56 0.01 0.02 0.01 0.04 0.16 0.23 0.13 0.30 ... 0.01 0.01 0.58 0.63 0.63 0.70 0.08 0.21 0.08 0.36 0.09 0.10 0.10 0.11 0.17 0.17 0.19

LOW

0.33 0.17 0.04 0.04 0.12 0.04 0.25 0.06 0.03 0.01 0.12 0.14 0.05 0.33 0.02 0.62 0.09 0.14 0.04 0.27 0.06 0.17 0.03 0.08 0.02 0.10 0.05 0.03 0.03 0.05 0.07 0.05 0.04 0.08 0.10 0.02 0.06 0.30 0.06 0.10 0.08 0.03 0.11 0.02 0.04 0.13 0.12 0.08 0.01 0.15 0.98 0.02 0.01 0.04 0.03 0.15 0.04 0.01 0.01 0.22 0.01 0.11 0.05 0.07 0.01

STOCK

Finore Mng Fire River Gol Firebird Res First Idaho Four Nines Full Metal Mnl Gem Intl Res Getchell Gold GFM Res Global Cobalt Global Cop Grp Global Vanad GobiMin God’s Lake Res Goldbank Mng Goldbelt Emp Golden Cariboo Granite Creek Great Quest Fe Greatbanks Res Green Arrow Greenshield Ex Grosvenor Res HFX Holding Highbury Proj Highvista Gold Hinterland Mtl Homeland Egy Icon Explor IGC Res Infinite Lith Inform Res Inomin Mines Inspiration Mg Interconnect Intl Battery Intl Corona Intl Millm Mng Iron South Mng Jayden Res Jazz Res JDF Explor Inc Jiulian Res Jubilee Gold Kenna Res Kermode Res Knick Expl La Imperial Le Mare Gold Lead Ventures Legion Metals Leo Res Lithion Energy Logan Res Lovitt Res Madeira Mrnls MAG Silver* Magna Gold Mammoth Res Manado Gold Martina Mnls Match Capital MAX Res Meridius Res Mesa Expl Metalore Res Metron Capital Micrex Dev MillenMin Vent Millstream Min Minecorp Egy Minsud Res Moag Copper Monster Uran Montana Gold Mountain Lake MX Gold Nebu Res

12-MONTH

EXC BID ASK LAST HIGH LOW

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

0.12 0.12 0.11 0.03 0.07 0.09 0.03 0.04 0.03 0.09 0.07 0.25 0.04 0.06 0.17 0.40 0.15 0.80 0.01 0.01 0.10 0.15 0.01 0.02 0.02 0.03 0.08 ... 0.09 0.09 0.06 0.15 0.15 0.15 0.02 0.02 0.02 0.07 0.08 0.08 0.11 0.22 0.25 0.22 0.25 0.26 0.37 0.33 0.46 ... ... 0.90 1.10 0.10 0.28 0.14 0.21 0.02 0.04 0.02 0.03 0.05 0.06 0.05 0.14 ... ... 0.12 0.17 0.09 0.09 0.10 0.24 0.03 0.05 0.03 0.03 0.03 0.03 0.19 0.12 0.16 0.12 0.15 0.12 0.28 0.14 0.20 0.06 ... 0.06 0.12 0.24 0.48 0.25 0.35 ... 0.17 0.17 0.02 0.03 0.02 0.05 0.18 0.21 0.18 0.38 0.34 0.34 0.41 0.84 0.16 0.19 0.19 0.25 0.26 0.29 0.28 0.32 0.07 0.09 0.08 0.39 0.04 0.05 0.05 0.20 0.03 0.04 0.03 0.27 0.07 0.35 0.04 0.11 ... ... 0.31 0.03 0.04 0.04 0.08 0.02 0.02 0.03 0.04 0.24 0.27 0.24 0.28 0.13 0.13 0.11 0.24 0.04 0.06 0.04 0.09 0.01 ... 0.05 0.15 0.08 0.13 0.09 0.18 0.43 0.60 0.64 0.70 0.13 0.16 0.15 0.01 0.02 0.01 0.03 0.01 0.02 0.01 0.04 0.07 0.24 0.07 0.08 0.15 0.15 0.17 0.80 ... ... 0.25 0.60 0.05 0.58 0.17 0.21 ... ... 1.09 ... ... 0.10 0.03 0.06 0.06 0.08 0.08 0.13 0.10 0.25 0.04 0.30 0.03 0.05 12.52 13.30 12.52 14.40 0.20 0.50 0.40 0.45 0.03 0.04 0.03 0.16 0.04 0.05 0.05 0.24 0.04 0.07 0.04 0.07 0.01 ... 0.04 0.30 0.30 0.20 0.32 0.18 0.30 0.19 0.20 0.06 0.06 0.06 0.08 1.80 2.50 1.90 3.14 0.06 ... 0.06 0.08 0.02 0.02 0.01 0.03 0.01 0.04 0.05 0.04 0.06 0.04 ... ... 0.12 0.20 0.05 0.06 0.05 0.21 ... ... 0.08 0.12 0.48 0.15 1.15 0.09 0.10 0.10 0.10 ... ... 0.05 0.09 0.11 0.11 0.11 0.17 0.03 0.04 0.04

0.02 0.02 0.10 0.09 0.01 0.07 0.07 0.04 0.16 0.30 0.07 0.13 0.01 0.05 0.08 0.06 0.02 0.09 0.14 0.04 0.21 0.02 0.18 0.03 0.05 0.12 0.08 0.03 0.02 0.04 0.03 0.01 0.04 0.08 0.03 0.01 0.02 0.35 0.01 0.01 0.06 0.17 0.06 0.05 0.04 0.02 0.02 6.12 0.20 0.03 0.04 0.03 0.06 0.18 0.03 1.77 0.05 0.01 0.07 0.05 0.13 0.02 0.03 0.08

STOCK

Nevado Res New Jersey Mng New Klondike New Point Expl New Stratus Newlox Gold Nickel North Norsemont Cap Nortec Mnls Nrthn Lion NSGold Oriental Non F Orofino Mnrls Pac Arc Res Pac Cascade Pac Iron Ore Pac Link Mng Patriot Gold Pedro Res Pele Mtn Res Phoenix Gold Pivit Explor Plate Res Prime Meridian Prism Res ProAm Expl Quantum Cobalt Quartz Mtn Res Rare Element* Razore Rock Res Red Oak Mg Red Tiger Mng Reliant Gold Resolve Vent Rhyolite Res Riley Resource Rio Silver Rockland Mnls Rojo Res Ross River Rubicon Mnrls* Running Fox Rs Sage Gold Samco Gold Scavo Res Silver Phoenix Starr Peak Exp Surge Explor Tajiri Res Talmora Diamd Tearlach Res Terreno Res Themac Res Thunder Mtn Gd Tintina Mines Tri-River Vent Trident Gold Troy Enrgy UC Res Vale* Valencia Vent ValOre Metals Vanadium One Vanadiumcorp Vela Minerals Venerable Vent Voltaic Min Westcot Vent Western Troy C Whistler Gold Whitemud Res Worldwide Res X-Terra Res Xander Res Xiana Mng Zinco Mng Zincore Mtls

12-MONTH

EXC BID ASK LAST HIGH LOW

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

0.01 0.02 0.01 0.05 0.15 0.33 0.23 0.26 0.01 0.01 0.01 0.06 0.06 0.06 0.41 0.25 0.68 0.40 0.40 0.03 0.05 0.05 0.08 0.02 0.03 0.02 0.07 0.38 0.49 0.39 0.47 0.05 0.06 0.06 0.18 0.22 0.68 0.22 0.67 0.09 0.12 0.12 0.15 0.01 0.90 1.00 1.05 ... 0.25 0.14 0.19 ... 0.94 0.70 0.82 0.01 0.02 0.01 0.09 0.12 0.10 0.15 0.03 0.50 0.20 0.20 0.02 ... 0.10 0.11 ... 0.31 0.21 0.42 0.03 0.03 0.04 0.15 ... 0.01 0.01 0.12 0.15 0.14 0.19 0.06 0.07 0.06 0.10 0.01 0.50 0.14 0.04 0.06 0.05 0.16 0.03 0.04 0.03 0.04 ... ... 1.10 3.15 0.47 0.50 0.52 1.50 0.11 0.16 0.15 0.89 0.07 0.21 0.06 0.63 0.05 0.33 0.33 0.34 0.02 0.03 0.03 0.02 0.02 0.02 0.04 0.08 0.10 0.09 1.04 0.15 0.29 0.15 0.40 0.18 0.30 0.18 0.41 0.04 0.05 0.04 0.07 0.07 0.08 0.08 0.11 ... 0.98 0.40 0.40 ... 0.11 0.26 0.50 ... ... 0.03 1.35 0.01 0.02 0.02 0.04 0.01 0.01 0.02 0.20 0.03 0.04 0.03 0.11 0.36 0.57 0.36 0.54 0.05 0.15 0.05 0.22 0.09 0.13 0.09 0.19 0.39 0.44 0.39 0.23 0.09 0.17 0.08 0.18 0.03 0.04 0.02 0.06 0.08 0.15 0.08 0.04 0.05 0.04 0.18 0.06 0.06 0.06 0.10 ... ... 0.17 0.30 0.05 0.10 0.05 0.10 ... ... 0.04 0.15 0.24 0.15 0.22 0.03 0.06 0.04 0.11 0.01 0.02 0.02 0.03 ... ... 10.24 11.10 0.20 0.30 0.22 0.22 0.06 0.07 0.07 0.13 0.13 0.15 0.13 0.09 0.10 0.09 0.16 0.18 0.30 0.30 0.30 0.09 0.20 0.10 0.14 0.15 0.19 0.16 0.90 ... ... 0.35 0.55 0.02 0.02 0.02 0.06 0.08 0.15 0.08 0.08 0.01 0.02 0.01 0.05 0.04 0.05 0.04 0.09 0.13 0.17 0.13 0.30 0.10 0.12 0.12 0.26 0.40 0.55 0.43 0.70 0.05 0.07 0.05 0.05 0.07 0.05 0.35

0.01 0.23 0.05 0.08 0.03 0.02 0.32 0.04 0.19 0.02 1.00 0.11 0.16 0.03 0.03 0.09 0.17 0.03 0.08 0.05 0.03 0.02 0.20 0.45 0.06 0.06 0.08 0.02 0.07 0.15 0.10 0.04 0.01 0.23 0.10 0.03 0.01 0.01 0.02 0.26 0.05 0.09 0.03 0.05 0.01 0.03 0.03 0.14 0.05 0.14 0.04 0.01 6.57 0.14 0.07 0.09 0.18 0.09 0.15 0.15 0.02 0.04 0.01 0.01 0.11 0.09 0.09 0.03

2018-11-05 12:08 PM


24_NOV12_BackCover.indd 24

2018-11-06 3:57 PM

Profile for The Northern Miner Group

The Northern Miner November 12 2018 Issue  

The Northern Miner is the world’s leading mining publication. Insightful news and detailed articles about the worldwide exploration activiti...

The Northern Miner November 12 2018 Issue  

The Northern Miner is the world’s leading mining publication. Insightful news and detailed articles about the worldwide exploration activiti...