At June 30, 2020 our most significant marketable equity investments were:
| Kirkland Lake Gold Ltd. | www.klgold.com | TSX: KL |
| Alexco Resource Corp. | www.alexcoresource.com | TSX: AXU |
| Reyna Silver Corp. | www.reynasilver.com | TSX.V: RSLV |
| Gold Terra Resource Corp. | www.goldterracorp.com | TSX.V: YGT |
| Wesdome Gold Mines Ltd. | www.wesdome.com | TSX:WDO |
| Minera Alamos Inc. | www.mineraalamos.com | TSX.V: MAI |
| B2Gold Corp. | www.b2gold.com | TSX: BTO |
| Integra Resources Corp. | www.integraresources.com | TSX.V: ITR |
| Dundee Precious Metals Inc. | www.dundeeprecious.com | TSX: DPM |
| Battle North Gold Corporation | www.battlenorthgold.com | TSX: BNAU |
These investments represent approximately 38% of our equity portfolio of marketable securities