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Barrick Gold Corp.

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Summary

Project:

Carlin

Deposit:Carlin
Location:United States
Commodities:Gold
Date:3/25/2020
Report Code:NI43-101
Report Type:Resource Estimation
Project Stage:Active Mining & Production
Report details:25-3-2020: Barrick Gold Corp. announces a Resource Estimation report for its Carlin deposit at the Carlin project. Annual statement of mineral resources and ore reserves. This report has been produced by Nevada Gold Mines, LLC (NGM) to support the public
Resources:(Reserves, P+P): 200Mt @ 3.32g/t Au (21Moz Au)
CP/QP:[Resources]: Craig Fiddes, Charles Lynn Bolin (Internal)
ABSTRACT:This report has been produced by Nevada Gold Mines, LLC (NGM) to support the public disclosure of the year end 2019 Mineral Resource and Mineral Reserve estimates at the Carlin Complex located in Nevada as of December 31, 2019. Certain references to NGM or Nevada Gold Mines LLC in this report also include NGM’s owners and their respective predecessors, as applicable. The Carlin Complex is located near the towns of Carlin and Elko Nevada, USA, within the Carlin Trend which is the largest known concentration of gold deposits in North America (Figure 1-1). The Carlin Complex came about due to the merging of the Newmont Corporation (Newmont) and Barrick Gold Corporation (Barrick) assets in the Carlin region as part of the NGM Joint Venture (JV). On March 10, 2019, Barrick entered into an implementation agreement with Newmont to create a joint venture combining the companies' respective mining operations, assets, reserves and talent in Nevada, USA. This includes Barrick's Cortez, Goldstrike, Turquoise Ridge and Goldrush properties (Barrick-Contributed Mines or, as applicable Goldstrike) and Newmont's Carlin, Twin Creeks, Phoenix, Long Canyon and Lone Tree properties (Newmont-Contributed Mines).

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