NOTE 5. INVESTMENT IN GALORE CREEK (Tables) - The Galore Creek Partnership, British Columbia, Canada

6 Months Ended

May 31, 2016

Changes in the Company's investment

	Three months ended May 31,						Six months ended May 31,
	2016			2015			2016			2015
Balance – beginning of period	$	239,732		$	259,245		$	242,906		$	283,247
Share of losses:
Mineral property expenditures		(74	)		(12	)		(133	)		(25	)
Care and maintenance expense		(246	)		(273	)		(381	)		(386	)
		(320	)		(285	)		(514	)		(411	)
Funding		244			268			459			444
Foreign currency translation		7,696			1,378			4,501			(22,674	)
Balance – end of period	$	247,352		$	260,606		$	247,352		$	260,606

Net assets

	At May 31, 2016			At November 30, 2015
Current assets: Cash, prepaid expenses and other receivables	$	323		$	497
Non-current assets: Mineral property		222,583			218,532
Current liabilities: Accounts payable and accrued liabilities		(190	)		(365	)
Non-current liabilities: Payables and decommissioning liabilities		(7,295	)		(7,162	)
Net assets	$	215,421		$	211,502