TSX Venture Exchange (March 03, 2008)

Buoyed by strengthening precious and base metal prices, the junior mining-dominated S&P-TSX Venture Composite Index saw a strong week over the Feb. 19-25 trading session, gaining 101.25 points to close at 2,686.24. Daily trading volumes picked up, averaging 86.8 million shares.

Bears continued to outmuscle bulls on the junior board, with only 20 junior mineral companies managing new 52-week share price highs while 133 slipped to new annual lows.

A trio of juniors active in northern Ontario’s McFaulds Lake district posted strong volumes over the week. MacDonald Mines Exploration saw more than 23 million shares change hands, inching up half a penny to 56. Drill results from the company’s Mc- Nugget property yielded up to 112 metres of 0.18% nickel. On news that it closed $2.1 million in financings and reported nine airborne geophysical anomalies on its Freewest property, KWG Resources also gained half a cent to close at 10.5 on volume of 17.1 million shares. Its Freewest project partner, Spider Resources, saw trading volume of almost 7.8 million shares and posted a 2 gain to 13 per share.

Bard Ventures rallied 43% on the week to post a 6.5 gain — closing at 21.5 on trading volume of 11.8 million shares. Drilling on its Lone Pine molybdenum property in north-central B.C. returned a 731-metre intercept grading 0.17% MoS2, including a 130-metre section that ran 0.33% MoS2.

Beartooth Platinum traded more than 10.2 million shares on the week, slipping half a penny to 14 per share. The junior has attracted investor interest with its projects in Montana’s Stillwater complex, following the recent surge in platinum group metal values triggered by South African supply disruptions.

Shares of Keegan Resources posted a 21% gain on the week, closing up 85 at $4.87 apiece. Recent drilling on its Esaase property in Ghana yielded up to 3.6 grams gold per tonne over 17 metres in a newly discovered mineralized structure.

Pediment Exploration rallied 36% over

TSX-V most active issues

the trading session, closing up 82 at $3.12 per share. Expansion drilling at the company’s San Antonio gold project in Baja California Sur, Mexico, returned up to 10.7 metres of 11.8 grams gold in the Los Planes zone.

Exploring in Ontario’s Beardmore-Gerald-ton greenstone belt, Kodiak Exploration posted a 34% gain for the week, closing up 81 at $3.19 per share on a trading volume of over 3.2 million shares. The company has been actively

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drilling its Hercules property, which has returned several high-grade gold intercepts in a vein-hosted structure.

Shares of Plexmar Resources rallied 57% on the week, closing up 8 at 22 apiece on trading volume of 4.6 million. The company announced long-awaited property agreements for five of its recently acquired gold projects in northern Peru, adjacent to its Bolsa del Diablo project.

TSX-V greatest value change

	VOLUME		WEEK
	( 000s)	HIGH	LOW	CLOSE	CHANGE
MacDonald Mns BMK	23140	0.60	0.435	0.56	+ 0.005
KWG Res KWG	17137	0.105	0.085	0.105	+ 0.005
Bard Vent CBS	11813	0.225	0.165	0.215	+ 0.065
Beartooth Plat BTP	10258	0.165	0.13	0.14	– 0.005
Gravity West GRW	9983	0.13	0.10	0.10	– 0.005
Trelawney Res TRR	9948	0.12	0.07	0.085	+ 0.01
US Silver USA	8157	0.79	0.68	0.75	+ 0.06
Spider Res SPQ	7778	0.13	0.105	0.13	+ 0.02
Iciena Vent IIE	7682	0.125	0.095	0.11	+ 0.005
Sage Gold SGX	7548	0.315	0.245	0.31	+ 0.035

		VOLUME		WEEK
		( 000s)	HIGH	LOW	CLOSE	CHANGE
Ringbolt Vent	RBV	48	0.45	0.33	0.45	+ 80.0
Champion Bear	CBA	666	0.65	0.395	0.61	+ 69.4
Mano River Res	MNO	20	0.24	0.15	0.24	+ 60.0
Merc Intl Mnls	MRK	63	0.95	0.60	0.95	+ 58.3
Plexmar Res	PLE	4654	0.23	0.135	0.22	+ 57.1
UC Res	UC	2268	0.42	0.26	0.42	+ 55.5
Waseco Res	WRI	657	0.30	0.17	0.285	+ 54.0
Columbia Yukon	CYU	368	0.85	0.60	0.85	+ 51.7
Strategic Metl	SMD	446	0.95	0.59	0.83	+ 50.9
Atac Res	ATC	632	0.41	0.26	0.375	+ 50.0
Lyra Res	LYR	120	0.03	0.01	0.01	– 66.6
Candorado Oper	CDO	634	0.205	0.105	0.105	– 43.2
Gold Bulln Dev	GBB	98	0.145	0.10	0.115	– 39.4
Amseco Expl	AEL	77	0.22	0.15	0.17	– 34.6
Brigadier Gold	BRG	236	0.08	0.055	0.055	– 31.2
Luzon Minls	LZN	2069	0.05	0.035	0.035	– 30.0
Lucky Stk Res	LKY	55	0.075	0.07	0.07	– 30.0
Happy Ck Minls	HPY	542	0.395	0.25	0.26	– 29.7
Kansai Mining	KAN	77	0.11	0.08	0.08	– 27.2
Endurance Gold	EDG	228	0.15	0.125	0.125	– 26.4

WEEK
		VOLUME	CLOSE	CHANGE
Seabridge Gold	SEA	67556	28.28	+ 1.96
Keegan Res	KGN	899265	4.87	+ 0.85
Aldridge Minls	AGM	45200	3.03	+ 0.82
Pediment Expl	PEZ	1736783	3.12	+ 0.82
Kodiak Expl	KXL	3222599	3.19	+ 0.81
Anglo Mnrls	ALM	1222130	6.15	+ 0.78 < /td>
SouthGobi Engy	SGQ	116549	11.69	+ 0.69
Anooraq Res	ARQ	386621	3.95	+ 0.66
Sherwood Coppr	SWC	782190	5.46	+ 0.61
Waratah Coal	WCI	1296938	3.15	+ 0.55
Rainy River Rs	RR	1416167	5.22	– 0.40
Xemplar Energy	XE	2635744	3.34	– 0.39
Intl Tower Hil	ITH	420399	1.84	– 0.29
Whitemud Res	WMK	26245	9.00	– 0.25
Chesapeake Gld	CKG	100038	6.72	– 0.23
Midway Gold	MDW	258108	2.90	– 0.22
AuEx Vent	XAU	132357	2.43	– 0.20
Maudore Minls	MAO	253250	1.00	– 0.20
Oromin Expl	OLE	96700	3.60	– 0.20
Olivut Res	OLV	30148	0.57	– 0.19