Northern Miner Indices (July 15, 2002)

NORTH AMERICAN MINING INDEX

CompanyTickerWeight

BarrickABX-T23.2%

CamecoCCO-T3.2%

FalconbridgeFL-T5.2%

Freeport BFCX.B-N5.8%

GoldcorpG-T4.2%

IncoN-T9.2%

Meridian GoldMNG-T2.8%

Newmont MiningNEM-N20.2%

NorandaNRD-T6.8%

Phelps DodgePD-N7.3%

Placer DomePDG-T8.3%

Teck ComincoTEK.B-T3.7%

SMALL PRODUCERS INDEX

CompanyTickerWeight

Aurizon MinesARZ-T1.8%

BolidenBLS-T11.5%

CambiorCBJ-T6.0%

Claude ResCRJ-T2.4%

Coeur d’AleneCDE-N3.4%

CrystallexKRY-T5.3%

EldoradoELD-T4.7%

First QuantumFM-T4.4%

Golden StarGSC-T3.9%

HeclaHL-N12.5%

High River GoldHRG-T3.0%

InmetIMN-T5.5%

Miramar MiningMAE-T 5.2%

Northgate ExplNGX-T4.9%

Pacific RimPMU-T1.7%

Repadre CapitalRPD-T7.2%

Rio NarceaRNG-T2.4%

River GoldRIV-T3.0%

SemafoSMF-T1.7%

Southern EraSUF-T6.8%

Thistle MiningTHT-T2.7%

Wheaton RiverWRM-T2.4%

Weights current in third quarter, 2002

CDNX Rights and Warrants

Akrokeri-Ashanti Gold Mines — Wt. buys sh @ 22 to Dec. 19/02

Franco-Nevada — Wt. buys 3.08 common sh @ $100.00 to Nov. 23/03

Golden Goliath — Wt. buys sh @ 75 to Oct. 16/02.

Kermode Res. — 2 Wts buy sh @45 to Dec. 19/02

Red Emerald — Rt buys sh @ 25 to Oct. 19/02.

War Eagle — 2 Wts buy sh @15 to Aug. 27/02

Supplied By CDNX

Lending Rates

as of 4 pm ET, July 9, 2002(%)

Bank of Canada2.75

Canadian Prime4.25

U.S. Discount1.25

U.S. Prime4.75

LIBOR US$ 3-month1.86

LIBOR US$ 6-month1.93

LIBOR US$ 1-year2.20

Gold lease 3-month0.26

Gold lease 6-month0.43

Gold lease 1-year0.70

Silver lease 3-month0.41

Silver lease 1-year1.00

Platinum lease 3-month6.86

Platinum lease 1-year7.20