#	Issuer	Ticker	Shares	Value	% of Portfolio
1	FRANCO NEV CORP	FNV	78,651	$16,285	13.58%
2	METALLA RTY & STREAMING LTD	59124U605	2,082,799	$16,183	13.49%
3	AGNICO EAGLE MINES LTD	AEM	69,890	$11,887	9.91%
4	TRIPLE FLAG PRECIOUS METAL	TFPM	323,309	$10,731	8.95%
5	FORTUNA MNG CORP	349942102	941,349	$9,244	7.71%
6	OR ROYALTIES INC. COM SHS	OR	225,992	$8,041	6.70%
7	PAN AMERN SILVER CORP	697900108	153,984	$7,986	6.66%
8	BARRICK MNG CORP	06849F108	125,305	$5,472	4.56%
9	ROYAL GOLD INC	RGLD	23,941	$5,315	4.43%
10	ELEMENTAL RTY CORP	28620K106	281,197	$4,740	3.95%
11	WHEATON PRECIOUS METALS CORP	WPM	39,369	$4,634	3.86%
12	DAKOTA GOLD CORP	DC	542,720	$3,094	2.58%
13	B2GOLD CORP	BTG	528,964	$2,391	1.99%
14	ARES CAPITAL CORP	ARCC	109,241	$2,217	1.85%
15	EQUINOX GOLD CORP	EQX	136,678	$1,927	1.61%
16	SPROTT ASSET MANAGEMENT LP PHYSICAL SILVER	SII	75,500	$1,795	1.50%
17	GLADSTONE LD CORP	376549101	155,220	$1,420	1.18%
18	ORLA MNG LTD	68634K106	96,700	$1,299	1.08%
19	IVANHOE ELECTRIC INC	IE	61,638	$981	0.82%
20	WESTERN COPPER & GOLD CORP	WRN	325,400	$870	0.73%