6 Ont ari O Mining and expl O ra ti O n direct O r y and res O urce guide 20 20 ONTARIO PROSPECTORS EXPLORATION SHOWCASE OPES Explor ation fnds Mines April 7 and 8 2020 This y ear the Ontario Pr ospec tors Associa tion is once again deliv ering the OPES a t the Valhalla Inn in Th under Ba y The y ear has b een a test of e xplor ers in Ontario Raising funds has b een e xtr emely challenging f or some and easy f or others The OPE S will ha v e o v er 80 b o oths and posters 12 cor e shacks and mor e than 30 speak ers Last y ear w e had 500 plus par ticipants o v er the tw o da ys Speak ers this y ear include Gr ea t Bear Resour ces Warrior G old Musselwhite Mine Nor ont Manitou G old Wesdome Alamos and Metals Cr eek OPA activities Ministers Mining C ommitte e The OP A has a sea t a t the committee ta ble to help inf orm the Minister on is su es tha t af f ec t t he e xplor ers of the pr o vince This committee consists of e xplor ers and miners fr om larg e and small companies T o da te the meet ing s ha v e b een v ery inf or ma tiv e and w ella ttended b y the pr o vincial ministers in v olv ed in mining and various deput y and assistant deput y ministers On Sept 10 ther e w as a meeting of the Ministers Mining C ommittee This w as the frst meeti ng since the inaugur al meeting a t PD AC The agenda included Flo wthr ough incr ease writeof fs in Ontario Suppor t f or e xplor ers Resour ce r e v enue sharing and consulta tion 1 Ther e w as go o d tak eup of the concept tha t Ontario needs to b e on a le v el pla ying feld with the other pr o vinces to b e a ble to r etain e xplor ers I think the Minister is gr asping the idea tha t incr eased the fo wthr ough writeof f pr o vin cially will r etain funds in Ontario 2 The JEAP funding mo del w as r e vie w ed and the Min istry has sho wn tha t f or e v ery dollar tha t w as r eba ted 18 industry dollars w er e le v er aged The Minister spok e of r e to oling NOHFC and lo oking a t w a ys to cr ea te a ne w pr ogr am to suppor t industry 3 Resou r ce r e v enue sharing w as spok en of in conte xt of costs and potential pr o ximal ef f ec ted communities including municipalities to mines sharing mor e than distant commu nities C onsulta tion w as discussed with the idea of dealing with the communities tha t w ant to talk similar with the e x e cution of the dir ec tion b eing tak en f or the nor th south r oad to Ring of Fir e Also ther e w as discussion of templa te agr ee ments f or MO Us as w e had star ted with discussion with Wa bun Tribal C ouncil The OP A has b een w orking with Sa v e C anadian Minings T erry L ynch Sa v e C anadian Mining is a mo v ement to r eturn mark et r ules to the f air and tr anspar ent standard tha t helped deliv er pr osperit y f or o v er 142 y ears T ogether w e can sa v e C anadian mining In 2012 IIR OC and CSA r emo v ed a tr ading r ule kno wn as the tick test which r estric ted shor tselling to neut r al or sales to positiv e price changes a t the time of the sale These changes w er e applied not only to the main listing v enue of TSX V en tur e Ex change but ar e also e qually applied acr oss all C anadi an tr ading v enues of which ther e ar e 14 to da y r educing TSX Ventur e s a bilit y to ef f ec t an y change Since r emo val of the tick test the C anadian mark ets ha v e e v olv ed and ther e no w e xists a d ynamic wher e shor tselling ac tivities highfr e quen cy tr ading and algorithms ar e e xploiting t he lack of a tick test to the detriment of C anada s junior mark ets We call on CSA and IIR OC to e valua te r einstituting the tick test l G arr y Clark 1 866 6223284 gjclarkontariopr ospec torscom Mes sage fr om the o ntario Pr ospect ors a s socia tion e x ecutiv e d ir ect or g arry c lark