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Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have. Where the complete analyst report is provided, a full SEC disclosure is included at the end of the report.


Kerry Smith
Haywood Securities
416-507-2306
www.haywood.com
Toronto
Canada

Apollo Gold Corporation TSX:APG; NYSE.A:AGT -  "[Pike River assays]. . .continue to show encouraging widths and grades to the north"  

Apollo Gold Corporation TSX:APG; NYSE.A:AGT -  "Hole GF09-55 includes the best intercept to date"  

Detour Gold Corp. TSX:DGC -  "an additional 40 holes. . .of infill drilling at the company's 100%-owned Detour Lake project continue to improve confidence"  

Apollo Gold Corporation TSX:APG; NYSE.A:AGT -  "mill throughput of 1,749 tons per day at a gold grade of 4.05 grams per ton and recovery of 94%"  

Apollo Gold Corporation TSX:APG; NYSE.A:AGT -  "We expect this deposit to increase based on pending assay results"  


Trey Wasser
Pilot Point Partners
940-365-1314
www.pilotpointpartners.com
Aubrey, TX
USA

Fortuna Silver Mines Inc. TSX:FVI; Lima Exchange:FVI - "We believe that the San Jose resource could grow to over 100MM silver equivalent ounces."  

Eastmain Resources Inc. TSX:ER - Eastmain Resources has well over $20MM in cash from their recent offering and warrant exercises. . .The cash will support their current ($4MM) exploration budget for the next five years.  


The RoC Team 
Haywood Securities
416-507-2305
haywoodresearch@haywood.com

Goldcorp Inc. NYSE:GG; TSX:G -  "unhedged gold production at low cash costs"  


George Albino
Macquarie Capital
416-848-3594
george.albino@macquarie.com
Toronto
Canada

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX - "[results] further indicate that there are high grades below where the F2 drilling has currently focused"  

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX -  "We are increasing our target from C$5.50 to C$6.50 based on a larger assumed gold endowment"  


Barry Allan
Research Capital
416-860-7612
barry.allan@researchcapital.com
Toronto
Canada

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX -  "we estimate that the F2 Zone has resource potential. . .of approximately ~5.4 million ounces"  

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX -  "We fully believe additional good drill results will be forthcoming"  

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX -  "[F2] system. . .is roughly equal in size to the mineralizing system at the Bruce Channel deposit of Goldcorp"  

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX -  "summer drill campaign will in all probability continue to establish that the F2 Zone is in fact materially larger than what we previously believed "  

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX -  "best-of-class exploration story"  


Beste Alpargun
Citadel Securities
902-496-3280
Nova Scotia/Prince Edward Island
Canada


Amir Arif
Friedman, Billings, Ramsey & Co.
703-312-1802
aarif@fbr.com
Arlington County, VA
USA

Atlas Energy, Inc. NASDAQ:ATLS -  "we believe net production growth will accelerate meaningfully"  


Wayne Atwell
Morgan Stanley


Stefan Axell
GMP Securities LP.
416-367-8600
www.gmpsecurties.com
Toronto
Canada


Cailey Barker
RBC Capital Markets
44-20-7653-4603
UK

Banro Corporation NYSE.a - "Completes $21 million equity financing to develop Twangiza, Namoya and Lugushwa projects."  


Greg Barnes
TD Newcrest
416-983-9588
Toronto
Canada


Mary Ann C. Bartels
Merrill Lynch


Gary Baschuk
Fraser Mackenzie
416-955-4777
Toronto
Canada

Detour Gold Corp. TSX:DGC -  "We continue to recommend Detour Gold as a STRONG BUY"  


Don Blyth
Paradigm Capital Inc.
416-360-3461
www.paradigmcap.com
Toronto
Canada


Charles Bradford
Bradford Research - Soliel Inc.
212-787-4109
New York
USA


John Bridges
J.P. Morgan
212-622-6430
queiery.jpmorgan.com
New York
USA


Sean Brodrick
Weiss Research
561-627-3300x11910
sbrodrick@weissinc.com

Otis Gold Corp. TSX:OOO - " finds itself in the enviable position of being able to raise cash AND be sitting on a hot project."  

Timmins Gold Corp. TSX.V:TMM -  "Right place – right time"  

Great Panther Silver Limited TSX:GPR - ". . . is profitable, it is adding to its resource and it is a very well-run company."  


Eldon Brown
CI Capital Markets
Toronto
Canada

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX - "The overall drill results continue to support our assumption of a higher-grade core"  

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX -  "F2 zone continues to demonstrate expansion potential"  

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX -  "in our opinion there is still exploration upside at depth and in delineating the higher-grade subzones [at F2]"  


Paul Burchell
Dundee Securities Corporation
416-350-3499
pburchell@dundeescurities.com
Toronto
Canada

Queenston Mining Inc. TSX:QMI -  "Drilling hits an impressive gold-copper intercept at depth in Upper Beaver."  


Steven Butler
Canaccord Adams
416-869-7918
www.canaccordadams.com
Toronto
Canada

Detour Gold Corp. TSX:DGC -  "The risk profile of the project has materially improved. . ."  

Franco Nevada Corp. TSX:FNV -  "best weekly performers"  

Goldcorp Inc. NYSE:GG; TSX:G -  "Our target price has been increased to US$40 (from US$36.50)"  

Goldcorp Inc. NYSE:GG; TSX:G -  "much better-than-expected Q1/09 results"  


Oscar Cabrera
Merrill Lynch
New York
USA


Hongyu Cai
Goldman Sachs


Nicholas Campbell
Canaccord Adams
604-643-7027
www.canaccordadams.com
Vancouver
Canada

Fortuna Silver Mines Inc. TSX:FVI; Lima Exchange:FVI -  "zinc, lead and copper production are 7%, 33% and 11% higher, respectively, than our previous forecasts"  

Fortuna Silver Mines Inc. TSX:FVI; Lima Exchange:FVI -  "Given the growth profile and balance sheet, we expect this company to gain broader investor attention"  

Queenston Mining Inc. TSX:QMI -  "high-grade mineralized intercepts"  

Colossus Minerals Inc. TSX:CSI -  "high-grade nature of the Serra Pelada project has the potential to deliver some eye-popping assay results"  

Colossus Minerals Inc. TSX:CSI - ". . .the economics at Serra Pelada should be drool-worthy given the amazing high-grades is coming up with."  


Peter Campbell
Jennings Capital Inc.
(416) 304-3963
peter.campbell@jenningscapital.com
Toronto
Canada

Copper Mountain Mining Corp. TSX:CUM -  "We rate CMMC's project with a much lower risk profile as compared to many other development-stage projects"  


Julia Carr-Wilson
Dundee Securities
416-350-3226
Toronto
Canada


Ricardo Carrión
Kallpa Securities
rcarrion@kallpasab.com
Peru

Rio Alto Mining Limited TSX.V:RIO; BVL:RIO; DB:Fkft:MS2; A0MSLE -  "La Arena is located in a traditional mining district, known for its high content of gold and copper resources"  


Michael Casserly
Fundamental Research Corp


David Charles
Gmp Securities Ltd.
514-288-7774
www.gmponline.com
Montreal
Canada


Patrick Chidley
Barnard Jacobs Mellet - USA
203-973-2808
patrickc@bjmusa.com
New York
USA

Royal Gold Inc. NASDAQ:RGLD;TSX:RGL - " is currently our top pick in the gold sector, rated Outperform."  


Cosmo Chiu
CIBC World Markets
Toronto
Canada


Cosmos Chiu
CIBC World Markets
416-594-7106
Cosmos.Chiu@cibc.ca
Toronto
Canada


Jeffrey Christian
CPM Group, Independent Metals Research
212-785-8320
www.cpmgroup.com
New York
USA


Brian Christie
National Bank Financial
416-869-7118
Toronto
Canada


David Christie
Scotia Capital Markets
416-863-7141
Toronto
Canada


Ron Coll
Jennings Capital Inc
416-304-2171
Toronto
Canada


Greg Colman
Wellington West Capital Markets
(416) 640-4890
gcolman@@wwcm.com


Allan Cooke
JP Morgan
27-11-507-0384


Barry Cooper
CIBC World Markets
416-956-6787
Toronto
Canada

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX -  "The project has a major advantage in terms of existing infrastructure"  


Graham Copley
Macquarie Capital Markets
212-231-2602
Graham.Copley@macquarie.com
New York
USA

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX -  "F2 Zone—truly a game changer"  


Michael Corey
Toll Cross
416-365-7453
Toronto
Canada

SilverCrest Mines Inc. TSX.V:SVL - "We maintain a SPECULATIVE BUY on SVL shares"  


Nicholas Coutoulakis
Haywood Securities
604-697-7100
Vancouver
Canada


Jeff Coviello
Duquesne Capital
412-854-3112
Pittsburgh,PA
USA


Anthona Curic
Versant Partners
(416) 849-5009
acuric@versantpartners.com

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX - "[F2 has] high probability of delineating approximately 3.8 million ounces of gold"  

Fortuna Silver Mines Inc. TSX:FVI; Lima Exchange:FVI -  "strong growth profile, healthy balance sheet"  

Fortuna Silver Mines Inc. TSX:FVI; Lima Exchange:FVI -  "Experienced operating and management team with proven track record."  


Michael Curran
RBC Capital Markets
416-842-3770
Toronto
Canada

Detour Gold Corp. TSX:DGC -  "With a major milestone expected in Q2/10, we believe a positive feasibility study could lead to a re-rating of DGC shares"  


Graeme Currie
Canaccord Adams
604-643-7405
www.canaccoradams.com
Vancouver
Canada


Ehsan Dana
Raymond James
416-777-4913
Toronto
Canada


David Davidson
Paradigm Capital
416-360-3462
Toronto
Canada


David Davis
Credit - Suisse Standard Securities
27-11-384-2104
david.davis@csss-sa.com


Patrick Donnelly
Salman Partners Inc.
416-360-4384
Toronto
Canada


John Doody
Goldstock Analyst
www.goldstockanalyst.com
Lauderdale,FL
USA


Heather Douglas
BMO Capital Market
416-359-7142
www.bmocm.com
Toronto
Canada


Michael Dudas
Jefferies & Comany
212-284-2383
mdudas@jefferies.com
New York
USA


Daniel Earle
Newcrest, TD Securities
416-308-7906
Toronto
Canada

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX - "The drill results suggest to us. . .the discovery of a new area of mineralization"  

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX -  "with confidence to the high-grade nature. . .being added by the drilling, the results are positive in our view."  

Detour Gold Corp. TSX:DGC -  "offers an attractive valuation"  

Guyana Goldfields TSX:GUY -  "We believe that drilling at the. . .Aranka property could result in the discovery of a significant gold occurrence"  

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX -  "F2 results. . .add definition to the potential discovery of a new high-grade structure implied by Hole 122-10."  


Leon Esterhuizen
RBC Capital Markets
44-207-653-4154
leon.esterhuizen@rbccm.com
London
UK

Gold Fields Limited NYSE:GFI - "Should start delivering exceptional cash flow from Cerro Corona - a 'Buy'."  


Scott Finlay
Canaccord Adams
+44 (0)20 7050 6651
scott.finley@canaccordadams,com
UK


Victor Flores
HSBC Securities
212-525-3053
New York
USA

Royal Gold Inc. NASDAQ:RGLD;TSX:RGL - " could see a significant boost to revenues in fiscal 2011"  


David Gagliano
Credit Suisse
212-622-6446
New York
USA


Michael Gambardella
J.P. Morgan


Forbes Gemmell
Raymond James
416.777.4948
forbes.gemmell@raymondjames.ca
Canada

Aurizon Mines Ltd. TSX:ARZ; NYSE.A:AZK -  "shares will be well supported by continued steady operating results at its Casa Berardi mine"  


Catherine Gignac
Sandfire Securities Inc.
416.987.5598
cgignac@sandfiresecurities.com
Toronto
Canada

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX -  "Next year's planned program of 120,000m is more than double. . .since F2 discovery in Mar 2008"  

Inter-Citic Minerals Inc. TSX:ICI -  "this is an excellent opportunity to invest in a potentially high-return, low-cost gold project in China"  

Inter-Citic Minerals Inc. TSX:ICI -  "this is an excellent opportunity to invest in a potentially high-return, low-cost gold project in China"  

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX -  "well-located, advanced projects"  

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX -  "Phoenix Project. . .excellent potential to develop into a sizeable deposit"  


Raymond Goldie
Salman Partners, Inc.
416-214-2749
www.salmanpartners.com
Toronto
Canada


Chantal Gosselin
Genuity Capital Markets
604-694-6959
Vancouver
Canada


Adam Graf
Dahlman Rose & Co.

Capital Gold Corp. TSX:CGC; NYSE.A:CGC; Fkft:CGU - "additional throughput will result in more ounces recovered in 2010"  

Capital Gold Corp. TSX:CGC; NYSE.A:CGC; Fkft:CGU -  "additional crushing/screening plant and a new leach pad will increase production at. . .El Chanate"  

Capital Gold Corp. TSX:CGC; NYSE.A:CGC; Fkft:CGU -  "We continue to view El Chanate as a high-return asset with additional expansion potential"  

Capital Gold Corp. TSX:CGC; NYSE.A:CGC; Fkft:CGU -  "We maintain our Buy rating on shares of Capital Gold on both a value basis and due to its strong leverage to gold price."  

Capital Gold Corp. TSX:CGC; NYSE.A:CGC; Fkft:CGU -  "El Chanate appears to be a high-return operation with low capital-development costs. . ."  


John Graham
Macquarie Capital Markets

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX -  "recent drilling has potential to increase our assumed volume of the mineralized envelope by well over 75%"  


Michael Gray
Genuity Capital Markets

Eastmain Resources Inc. TSX:ER -  "ER continues to document bonanza-grade gold mineralization"  

Eastmain Resources Inc. TSX:ER -  "A lot of visible gold—Of the approximately 81 intersections from the core area in the 450 West zone, approximately 53% had visible gold. This is a very high hit ratio for visible gold in veins."  


Richard Gray
Blackmont Capital
416-864-3645
Toronto
Canada

First Majestic Silver Corp. TSX:FR; OTCQX:FRMSF - "acquisition increases our. . .our target price to $4.00. We maintain our OUTPERFORM recommendation"  

Apollo Gold Corporation TSX:APG; NYSE.A:AGT -  "a unique combination of production and upside, all at a very attractive valuation "  


Steven Green
TD Newcrest
416-307-6304
Toronto
Canada


The Haywood Group
Haywood Securities
604-697-7100
www.haywood.com
Vancouver
Canada


Jonathan Guy
Investec Securities
+44 (0)20 7597 4309
jonathon.guy@investec.co.uk
UK


Ovais Habib
Evergreen Capital Partners
416-987-7637
Toronto
Canada

Colossus Minerals Inc. TSX:CSI - "Our positive outlook for . . .is warranted, based on management's ability to fast-track the delineation of resources at Serra Pelada. . ."  

Queenston Mining Inc. TSX:QMI -  "potential to rapidly transition from an advanced stage exploration company to a junior gold producer."  


Cliff Hale-Sanders
CIBC World Markets
416-594-7284
Toronto
Canada

Augusta Resource Corporation TSX:AZC; NYSE.A:AZC; A5R:GR -  "provides investors with access to a premier copper project situated in a sound political environment requiring limited infrastructure"  


David Hall
Macquarie
27-11-343-2210


Tara Hassan
M Partners
416-603-7381 ext 228
th@mpartners.ca
Toronto
Canada

Apollo Gold Corporation TSX:APG; NYSE.A:AGT -  "we are of the opinion that the current discount is too severe"  


John Hayes
BMO Capital Markets
416-359-6189
JohnP.Hayes@bmo.com
Toronto
Canada

Detour Gold Corp. TSX:DGC -  "[Detour Lake drill results] returned slightly higher-than-average grades than previous drill results"  


Timothy Hayes
Davenport & Co.
804-780-2196
Richmond, VA
USA


Wayne Hewgill
PI Financial Corp.
604-662-1816
wayne.hewgill@researchcapital.com
Vancouver
Canada

Sandspring Resources TSX.V:SSP -  "we believe Sandspring is currently significantly undervalued compared to its peers"  

Fortuna Silver Mines Inc. TSX:FVI; Lima Exchange:FVI -  "With the two mines operating at capacity, we see potential for upwards of $30M in annual cash flow by 2010"  

Fortuna Silver Mines Inc. TSX:FVI; Lima Exchange:FVI -  "gives investors an opportunity for steady growth in the silver business"  

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX -  "made a significant discovery and may be the next major Canadian gold acquisition"  

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX -  "With over $60 million in cash, the company has budgeted for a 40,000-metre program for 2009."  


John Hill
Citigroup
415-951-1714
San Francisco, CA
USA


Haytham Hodaly
Salman Partners Inc.
604-622-5279
Vancouver
Canada

Guyana Goldfields TSX:GUY -  "We continue to expect that. . .investors will be rewarded by an appreciating share price"  

Fortuna Silver Mines Inc. TSX:FVI; Lima Exchange:FVI -  "growing silver producer with a strong base metal by-product credit"  

Inter-Citic Minerals Inc. TSX:ICI -  "continues to post strong drill results from its 2009 exploration program"  

IAMGOLD Corporation TSX:IMG, NYSE:IAG -  "potential return of more than 30% from current levels"  

Inter-Citic Minerals Inc. TSX:ICI -  "we believe the land package held by Inter-Citic is very prospective and shows the potential for other gold discoveries on the Dachang property"  


Daryl J. Hodges, MSc.
Jennings Capital Inc.
416-304-2174
Toronto
Canada


Mark Horn
M. Horn & Co.
44-0-7092-111-101
UK


Ian Howat
National Bank Financial
416-869-7936
Toronto
Canada


Jeff Howlett
Howlett Research


John Hughes
Desjardins Securities
416-867-3778
Toronto
Canada


Brad Humphrey
Raymond James
416-777-4917
Toronto
Canada


Jon Hykawy
Byron Capital Markets
647-426-1656
jhykawy@byroncapitalmarkets.com
Ontario
Canada

Salares Lithium Inc. TSX.V:LIT - "one of the most interesting land packages in the lithium space"  


John R. Ing
Maison Placement
416-947-6040
wwwmaisonplacement.com
Toronto
Canada


Stefan Ioannou
Haywood Securities
416-507-2309
www.haywood.com
Toronto
Canada

Terrane Metals Corp. TSX.V:TRX -  "increased reserve base containing 2.1 billion pounds of copper and 6.0 million ounces of gold"  


Muneer Ismail
Deutsche Bank AG
27-11-775-7230


Tanya Jakusconek
National Bank Financial
416-869-6766
Toronto
Canada


Michael Jalonen
Merrill Lynch
416-369-7540
Toronto
Canada

Royal Gold Inc. NASDAQ:RGLD;TSX:RGL -  "Andacollo mine. . . is expected to increase its annual revenue by over 40% from fiscal 2011 onward. . ."  

Franco Nevada Corp. TSX:FNV - "Merrill Lynch initiates coverage valuing it at 2.75x estimated NAV."  


Bart Jaworski
Raymond James
604-659-8282
Vancouver
Canada


Mike Jones
Canaccord Adams
44-20-7050-6753
www.canaccordadams.com
London
UK


 kaip



Andrew Kaip
BMO Capital Markets
416-359-7224
andrew.kaip@bmo.com
Toronto
Canada

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX - "[Phoenix Zone drill results] continue to delineate high-grade gold potential"  

Guyana Goldfields TSX:GUY -  "completion of the Preliminary Assessment further highlights Guyana's focused development strategy"  

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX -  "Recent results highlight high-grade gold potential"  

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX -  "latest results are beginning to build another center of gravity around hole 122-10"  

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX -  "looks to have identified a new F2-like zone of structurally controlled mineralization"  


Charles Kernot
Evolution Securities
+44 (0)20 7071 4365
charles.kernot@evosecurities.com
UK


John Kiernan
PI Financial Corp.
604-664-3682
jkiernan@pifi nancialcorp.com
Vancouver
Canada

Fortuna Silver Mines Inc. TSX:FVI; Lima Exchange:FVI -  "offers investors a very timely investment opportunity in a junior silver producer with substantial growth prospects"  


Des Kilalea
RBC Capital Markets

Banro Corporation NYSE.a - ". . .their prospects in the DRC may be better than most, and Mike is one of the reasons why." Read full article  


Chris Krueger
Northland Securities
612-851-4913
www.northlandsecurities.com
Minnesota
USA


Gary Lampard
Canaccord Adams
416-867-6020
www.canaccordadams.com
Toronto
Canada


Victor Lazarovici
BMO Nesbitt Burns
212-702-1895
New York
USA


Timothy Lee
Dundee Securities
416-840-7916
Toronto
Canada

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX -  "drilling results. . .continue to demonstrate more size potential at F2"  

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX -  "[Hole 122-10] This is one of the best holes yet from the F2 Zone "  

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX -  "With every drill hole that expands the known mineralized zone, Rubicon's discovery looks more like a world-class project"  

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX -  "these results suggest that the gold-bearing structures may continue well to the southwest, in an area that had not previously seen drilling"  

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX - "only be a matter of time before becomes a takeover target."  


Eric Lemieux
Laurentian Bank Securities

Midland Exploration Inc. TSX.V:MD - "aggressive project-generation capability and strategy"  

Midland Exploration Inc. TSX.V:MD -  "We believe exploration potential is very good for this early stage project"  

Detour Gold Corp. TSX:DGC -  "management is developing a gold project based on solid and balanced foundations"  

Detour Gold Corp. TSX:DGC -  "solid gold project"  

Detour Gold Corp. TSX:DGC -  "Detour Lake project is set in the right direction and we are raising our share price target. . ."  


Tony Lesiak
Genuity Capital Corporation
416-603-6000
Toronto
Canada


Debbie Lewis
Canaccord Adams
780-408-1748
Alberta
Canada


David Lipschitz
Merrill Lynch
212-449-1793
New York
USA


Paolo Lostritto
Wellington West Capital Markets
416-640-4951
Toronto
Canada

Inter-Citic Minerals Inc. TSX:ICI -  "We expect ICI to follow up on these results with a drill program targeting the new area"  


Yin Luo
Macquarie Securities


Brian Macarthur
UBS Securities Canada
416-350-2229
Toronto
Canada


David Macgregor
Longbow Research
216-328-5075
www.longbowresearch.com
Ohio
USA


Don Maclean
Paradigm Capital Inc.
416-360-3459
Toronto
Canada

Guyana Goldfields TSX:GUY -  "share price has performed well (+28%) since releasing its Preliminary Assessment on the Aurora project"  

Guyana Goldfields TSX:GUY -  "one of our emerging names that holds a 'strategic' asset"  


David Mallalieu
Geologic Resource Partners
613-728-2912
dmallalieu@grfunds.com
Ottowa,ON
Canada


Kirsten Marion
eResearch Corporation
416-643-7650
Toronto
Canada


Geordie Mark
Haywood Securities
604-697-6112
Vancouver
Canada

Mega Uranium Ltd. TSX:MGA -  "asset sale provides project portfolio diversity, critical mass and visibility"  

Mega Uranium Ltd. TSX:MGA -  "an attractive investment"  

Mega Uranium Ltd. TSX:MGA -  "...the first such lease to be issued since the ban on uranium mining in Western Australia was lifted"  

Mega Uranium Ltd. TSX:MGA -  "signed an MOU for infrastructure and services sharing with Navigator Resources"  


David Martin
Deutsche Bank Securities
212-250-5546
New York
USA


Joe Mazumdar
Haywood Securities
604-697-7124
jmazumdar@haywood.com

AuEx Ventures, Inc. TSX:XAU -  "the fact that [Max Baker] believes it warrants drilling is positive"  


Aldo Mazzaferro
Goldman Sachs
212-902-9916
New York
USA


Daniel McConvey
Rossport Investments
212-837-7791
daniel.mcconvey@rossport.com
New York
USA


Stuart McDougall
Jennings Capital Inc.
416-304-2176
stuart.mcdougall@jenningscapital.com
Toronto
Canada

Capital Gold Corp. TSX:CGC; NYSE.A:CGC; Fkft:CGU -  "El Chanate has the capacity to produce 250,000 oz of annual metal, well above the mine's targeted production rate"  

Capital Gold Corp. TSX:CGC; NYSE.A:CGC; Fkft:CGU -  "As of 12/31/08, proven and probable reserves stood at 43 million tons. . .sufficient for eight years of operations at planned production rates. Resources offer potential for another five years"  

Capital Gold Corp. TSX:CGC; NYSE.A:CGC; Fkft:CGU -  "maintains a healthy balance sheet. . .continues to trade at a significant discount to NAV, earnings and cash flow"  

SilverCrest Mines Inc. TSX.V:SVL -  "Upside – lots"  


John McGloin
Arbuthnot Securities
44-20-7012-2090
UK


Tom Meyer
Raymond James
416-777-4912
tom.meyer@raymondjames.com
Toronto
Canada


Andrew Mikitchook
Thomas Weisel
416-815-1622
Toronto
Canada

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX -  "lining up necessary mining permits ahead of 2011 should position them well for production in the near term."  

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX -  "this remains a unique, advanced and high-grade asset that will continue to gain market attention"  

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX -  "additional drill results on F2 zone. . .extended the strike length by just over 20%"  

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX -  "We are encouraged by the success at F2 and will be watching further drilling closely…"  

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX -  "Our assessment of results to date suggests impressive continuity in the F2 zone. . ."  


Craig Miller
TD Newcrest
416-982-2753
Toronto
Canada


Haywood Mining Team
Haywood Securities
416-507-2300
Toronto
Canada


Ian Nakamoto
MacDougall, MacDougall & MacTier
416-977-0663
Toronto
Canada


Rishi Narang
Khandaker Partners
212-513-1203
New York
USA


Mike Niehuser
Beacon Rock Research
503-922-3191 & 503-307-3188
Portland, OR
USA

Apollo Gold Corporation TSX:APG; NYSE.A:AGT -  "timing for increasing production may be just right"  

Apollo Gold Corporation TSX:APG; NYSE.A:AGT -  "We are impressed with the prospects for success. . ."  

Exeter Resource Corp. NYSE.A: XRA; TSX:XRC; Fkft:EXB -  "Continues to advance its Caspiche gold-copper porphyry project in northern Chile"  


Paul O'Brien
Raymond James
416-777-4917
paul.obrien@raymondjames.ca
Toronto
Canada


Lloyd O'Carroll
Davenport & Co.
804-780-2194
Virgina
USA


Matthew O'Keefe
Cormark Securities Inc.
416-943-6705
mokeefe@cormark.com

Fortuna Silver Mines Inc. TSX:FVI; Lima Exchange:FVI -  "[Caylloma] material appears to be up to 10x higher than resource grade"  

Fortuna Silver Mines Inc. TSX:FVI; Lima Exchange:FVI -  "continues to prove itself as a solid mine operator"  

Fortuna Silver Mines Inc. TSX:FVI; Lima Exchange:FVI -  "offers investors exposure to a high-quality, junior producer, with a rapidly growing production profile"  

Fortuna Silver Mines Inc. TSX:FVI; Lima Exchange:FVI -  "well-financed with a strong balance sheet with over $33 MM in cash and almost no debt"  


Chris Olin
Cleveland Research
216-649-7250
Cleveland, OH
USA


Terence Ortslan
T.S.O. and Associates
514-844-8344
Montreal
Canada


Kim Page
Wellington West Capital Markets
(416) 847-3400
kpage@wwcm.com


Mark Parr
Keybanc Captial Mkts/Mcdonald
216-443-2379
Ohio
USA


Steve Parsons
Wellington West Capital Markets
416-640-4950
sparsons@wwcm.com
Canada

Copper Mountain Mining Corp. TSX:CUM -  "Compelling valuation for well-advanced largely de-risked copper development story"  

Copper Mountain Mining Corp. TSX:CUM -  "among the most advanced near-term development projects with financing, permitting and offtake deals set"  

Copper Mountain Mining Corp. TSX:CUM -  "among the most advanced near-term development projects in terms of financing, permitting, offtake deals"  

Augusta Resource Corporation TSX:AZC; NYSE.A:AZC; A5R:GR -  "we believe Rosemont has the size and the attributes to be of strategic interest"  


Chris Pearson
Aton Capital
44-20-7464-8848
London
UK


Josh D. Perelman
Dundee Securities
647-428-8362
Toronto
Canda


David Pescod
Canaccord Adams
780-408-1750
Alberta
Canada


Fraser Phillips
RBC Capital Markets
416-842-7859
fraser.phillips@rbccm.com
Toronto
Canada


Douglas Pollitt
Pollitt & Co. Inc.


Ralph Profiti
Credit Suisse Securities(Canada) Inc.
416-352-4563
Toronto
Canada


Will Purcell
Objective Capital
+44-(0)870-080-2965
will@objectivecapital.co.uk
London
England


Brian Quast
CIBC World Markets Inc.
416-956-3725
brian.quast@cibc.ca
Toronto
Canada

Fortuna Silver Mines Inc. TSX:FVI; Lima Exchange:FVI -  "one of the best operations teams in the junior silver producer space"  


Siddharth Rajeev
Fundamental Research Corp.

Evolving Gold Corp. TSX.V:EVG; Fkft:EV7 - "beating expectations"  

Rio Alto Mining Limited TSX.V:RIO; BVL:RIO; DB:Fkft:MS2; A0MSLE -  "low political risk. . .potential for near-term gold production and experienced management"  

Evolving Gold Corp. TSX.V:EVG; Fkft:EV7 -  "increased 131% since we initiated coverage in June 2009"  

Evolving Gold Corp. TSX.V:EVG; Fkft:EV7 -  "strong cash position"  

SilverCrest Mines Inc. TSX.V:SVL -  "We are encouraged not only by the increase in indicated resources, but also the increase in grade of these resources. . ."  


Siddharth Rajeev
Fundamental Research Corp.
604-682-7065
srajeer@researchfrc.com
Vancouver
Canada

CBM Asia Development Corp. TSX.V:TCF; OTCBB:CBMDF -  "company's current projects represent good upside potential for coal bed methane"  

SilverCrest Mines Inc. TSX.V:SVL -  "upside potential of 570% from the current price"  


John Redstone
Desjardins Securities
514-281-7088
john.redstone@vmd.desjardins.com
Quebec
Canada


Justin Reid
Cormark Securities
416-943-6429
jreid@cormark.com
Toronto
Canada


Thomas Renaud
Arrowhead Business and Investment Decisions
917-370-5879
thomas.renaud@arrowheadbid.com
New York
USA

Avalon Rare Metals Inc TSX:AVL;OTCQX:AVARF -  "main target commodities have very interesting marketability data with foreseeable increases in demand"  


Anthony Rizzuto
Dahlman Rose & Co.
212-702-4500
arizzuto@dahlmanrose.com
New York
USA


Christopher Rollason
BMO
44-(0)20-7246-5430
Christopher.Rollason@bmo.com
UK


Onno Rutten
UBS Securities Cananda Inc.
onno.rutten@ubs.com


Terry Salman
Salman Partners
604-685-2450
Vancouver
Canada


Nana Sangmuah
Clarus Securities Inc.
416-343-3350
nsangmuah@clarussecurities.com
Toronto
Canada


Adam Schatzker
RBC Capital Markets
416-842-7850
Toronto
Canada


Bill Selesky
Argus Research Corp.
212-425-7500
bselesky@argusresearch.com
New York
USA


Fadi Shadid
Friedman, Billings, Ramsey
703-469-1098
fshadid@fbr.com
Virginia
USA


Steve Shepherd
JP Morgan (SA)
27-11-507-0386
stev.a.shepherd@jpmorgan.com


Christian Siebert
Nedcor Securities
27-11-295-8212


Alka Singh
Rodman & Renshaw
212-430-1760
asingh@rodm.com
New York
USA


Lawrence Smith
Scotia Capital
416-945-4526
Toronto
Canada


Mark Smith
GMP Securities Europe LLP
+44-20-7647 2809
Mark.smith@gmpeurope.com
London
UK


P. Mark Smith
Dundee Securities
416-365-5456
pmsmith@dundeesecurities.com
Toronto
Canada


Anita Soni
Credit Suisse
416-352-4587
Toronto
Canada


Harish Srinivasa
Dundee Securities
416-350-3345
Toronto
Canada


Geoff Stanley
BMO Capital Markets
212-702-1261
New York
USA


Michael Starogiannis
Wolverton Capital Markets
416.515.2227
mike.starogiannis@wolvertoncapital.com

Pediment Gold Corp. TSX:PEZ; OTCBB:PEZGF; FSE:P5E - "Of the three pillars that make a solid base for a junior explorer (good leadership, good projects, good capital structure), management is perhaps 's sturdiest."  


David Stein
Cormark Securities Inc.
416-943-6407
dstein@cormark.com

Guyana Goldfields TSX:GUY -  "Aurora project has the potential to produce on average 250,000 oz/yr and become a major mine in a mining-friendly country"  


Rodney Stevens, CFA
Salman Partners
604-622-5274
Vancouver
Canada


Ron Stewart
Dundee Securities
647-428-8324
ron.stewart@dundeesecuritites.com
Toronto
Canada


Mike Stuart
Numis
+44 (0)20 7260-1420
mike.stuart@numiscorp.com
UK


Ronald-Peter Stöferle
Erste Group
+43 (0)5 0100 - 11723
Somewhere in Asia


David Talbot
Dundee Securities
416-350-3082
dtalbot@dundeesecurities.com
Toronto
Canada


Brian Tang
Fundamental Research Corp.
1-800-913-2377
btang@fundamentalresearchcorp.com

Commerce Resources Corp. TSX.V:CCE; Fkft:D7H; PK SHEETS:CMRZF - "possibly indicates another swell in the upper fir carbonatite."  


Timna Tanners
UBS
212-713-2927
timna.tanners@cubs.com
New York
USA


Jim Taylor
Canaccord Adams
44-20-7050-6631
jim.taylor@canaccordadams.com
London
UK


Robert Thaemlitz
Dundee Securities
647-428-8392
rthaemlitz@dundeesecurities.com
Toronto
Canada


Sal Tharani
Goldman Sachs
212-357-0695
sal.tharani@gs.com
New York
USA


Ian S. Tharp
Dundee Securities Corporation
416-350-5015
itharp@dundeesecurities.com
Toronto
Canada


Chris Thompson
Haywood Securities
604-697-7433
www.haywood.com
Vancouver
Canada

Exeter Resource Corp. NYSE.A: XRA; TSX:XRC; Fkft:EXB -  "28 holes returned significant results, including 12 with very high grade"  

AuEx Ventures, Inc. TSX:XAU -  "PEA for Long Canyon in December 2009 benchmarks the economic potential offered by the project"  

Mega Uranium Ltd. TSX:MGA - "Mega Uranium Ltd. (TSX:MGA) outperformed the Haywood Developers Index (HDI) and the uranium price on a 90-day basis."  

Pediment Gold Corp. TSX:PEZ; OTCBB:PEZGF; FSE:P5E -  "well-placed for growth through resource expansion and corporate development"  

Kiska Metals Corp. TSX.V:KSK -  "a well-managed company to watch"  


Ian Thomson
Wolverton Securities
403-218-0259
Calgary
Canada


George Topping
Blackmont Capital
416-865-2158
gtopping@blackmont..com
Toronto
Canada

U3O8 Corp. TSX.V: UWE -  "technically competent management, trades at cash value with an existing 6.5mmlb U3O8 deposit to explore."  

Augusta Resource Corporation TSX:AZC; NYSE.A:AZC; A5R:GR -  "Large and well-defined copper resources"  


Peter Townshend
ORYX Investment Management


John Tumazos
John Tumazos' Very Important Research
john@veryindependentresearch.com


Trevor Turnbull
Scotia Capital
416-863-7427
Toronto
Canada


Jay Turner
CapitalSouth Partners Funds
214-295-3122
jturner@capitalsouthpartners.com
Dallas,TX
USA


James Twyman
UBS Securities


Pierre Vaillancourt
Macquarie Securities
416-848-3647
Toronto
Canada

Detour Gold Corp. TSX:DGC -  "show good continuity of the gold mineralization in the core of the mineralized corridor. . ."  


Nawojka Wachowiak
Genuity Capital Corporation
416-687-5314
Toronto
Canada


Stephen D. Walker
RBC Capital Markets
416-842-4120
stephen.walker@rbccm.com
Toronto
Canada


Toni Wallis
Canaccord Adams
604-643-7551
Vancouver
Canada


David Wargo
GMP Securities
416-943-6115
dwargo@gmpsecurities.com
Toronto
Canada


Vincent Weber
Fundamental Research Corp.

SilverCrest Mines Inc. TSX.V:SVL -  "Santa Elena project. . .has probable reserves of 0.34 million ounces of gold and 11.93 million ounces of silver."  


Craig West
GMP Securities LP.
416-943-6121
Toronto
Canada

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX -  "Exploration at Phoenix has been very successful over the past year"  


Michael Willemse
CIBC World Markets
416-594-7281
michael.willemse@cibc.ca
Toronto
Canada


Chad Williams, P.Eng.
Blackmont Capital Inc.
416-864-2071
chadwilliams@blackmont.com
Toronto
Canada


John Wilson
Resource Capital Research
02-9252-9405
johnwilson@rcresearch.com.au

Exeter Resource Corp. NYSE.A: XRA; TSX:XRC; Fkft:EXB - "Resource statements expected at Cerro Morro and Caspiche in 2Q09."  

Exeter Resource Corp. NYSE.A: XRA; TSX:XRC; Fkft:EXB - "Advances at Cerro Moro mid term are anticipated to drive a recovery. .."  

UNOR Inc. UNI:TSX.V - "Exploration up 414%."(6/22/07)  

UNOR Inc. UNI:TSX.V - "Interesting, early stage portfolio addition."(3/26/07)  

UNOR Inc. UNI:TSX.V - "$7m exploration budget planned for 2007."  


Ronald Wortel
First Canadian Securities
(416) 306-5797
Ron@mineralfields.com


Jacques Wortman
Gmp Securities Ltd.
416-943-6651
jacquesw@gmpsecurities.com
Toronto
Canada

Colossus Minerals Inc. TSX:CSI -  "high-grade mineralization"  

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX -  "F2 drilling continues to hit encouraging gold intersections to northeast and southwest of F2 Core."  

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX - "We are encouraged that has been able to demonstrate that high-grade mineralization extends in both directions along strike. . ."  

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX -  "upside potential to increase the gold ounce inventory. . ."  


Orest Wowkodaw
Canaccord
416-869-3092
Toronto
Canada


Eric Zaunscherb
Canaccord Adams
604-699-6631
Vancouver
Canada

Canada Lithium Corp. TSX.V:CLQ - "significant increase in resources"  

Mega Uranium Ltd. TSX:MGA -  "91% of the pounds are now in the indicated category [at Lake Maitland]"  

U3O8 Corp. TSX.V: UWE -  "We view the exploration potential of U3O8's project in Guyana highly. . ."  

Canada Lithium Corp. TSX.V:CLQ -  "notched up the scale and confidence level of the Québec Lithium project"  

Rio Alto Mining Limited TSX.V:RIO; BVL:RIO; DB:Fkft:MS2; A0MSLE -  "We consider the project's exploration potential to be excellent with several targets identified and prioritized for future work."  


Wendell Zerb, B.Sc., P. Geol.
Canaccord Adams
604-643-7850
Vancouver
Canada

Richfield Ventures Corp. TSX.V:RVC -  "Assay results from two holes of the original 13-hole program remain outstanding"  

Kiska Metals Corp. TSX.V:KSK -  "The Whistler zone is the most advanced target in the area"  

AuEx Ventures, Inc. TSX:XAU -  "area mineralization associated with an iron oxide copper gold (IOCG) system. . .could open up the mineral potential of the district. "  

Copper Mountain Mining Corp. TSX:CUM -  "financing risk related to. . .Similco asset has improved dramatically"  

Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX -  "Underground hole 122-10 intersected 13.7 g/t Au over 44.9 meters, including 28.4 g/t Au over 18.0 meters, at a vertical depth of 673 meters."  


Peter Zihlmann
P.Zihlmann Investment
peter.zihlmann@pzim.ch

Timmins Gold Corp. TSX.V:TMM -  "aggressive development and acquisition plan"  

Pediment Gold Corp. TSX:PEZ; OTCBB:PEZGF; FSE:P5E -  "Emerging gold producer with more than 2.2 million ounces of gold in Mexico."  


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