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The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
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hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AGNICO EAGLE MINES LTD COM 008474108   6,588,796 144,968 SH   SOLE   144,968 0 0
B2GOLD CORP COM 11777Q209   7,696,484 2,679,462 SH   SOLE   2,679,462 0 0
GALIANO GOLD INC COM 36352H100   12,876,219 22,129,983 SH   SOLE   22,129,983 0 0
NEWMONT CORP COM 651639106   23,746,952 642,678 SH   SOLE   642,678 0 0
NOVAGOLD RES INC COM NEW 66987E206   8,823,636 2,297,822 SH   SOLE   2,297,822 0 0
ORLA MNG LTD NEW COM 68634K106   4,891,715 1,383,693 SH   SOLE   1,383,693 0 0
PERPETUA RESOURCES CORP COM 714266103   15,539,143 4,751,863 SH   SOLE   4,751,863 0 0
SPROTT INC COM NEW 852066208   4,318,111 141,719 SH   SOLE   141,719 0 0
VANECK ETF TRUST JUNIOR GOLD MINE 92189F791   7,989,817 247,900 SH   SOLE   247,900 0 0
VISTA GOLD CORP COM NEW 927926303   8,566,694 19,922,544 SH   SOLE   19,922,544 0 0