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Barrick Gold Corp.

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Summary

Project:

Turquoise Ridge JV

Deposit:Turquoise Ridge JV
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 Turquoise Ridge JV deposit at the Turquoise Ridge JV project. JV - Updated mineral resources and ore reserves at project. Nevada Gold Mines LLC (Nevada Gold Mines) operates the T
Resources:(Reserves, P+P): 83Mt @ 5.02g/t Au (13Moz Au)
CP/QP:[Resources]: Charles Lynn Bolin, Craig Fiddes (Internal)
ABSTRACT:Nevada Gold Mines LLC (Nevada Gold Mines) operates the Turquoise Ridge Complex, located in Humboldt County, Nevada, USA. Nevada Gold Mines is a joint venture between Barrick Gold Corporation (Barrick) and Newmont Corporation (Newmont), Barrick is the operator of the joint venture and owns 61.5%, with Newmont owning the remaining 38.5%. Under the joint venture, Barrick’s Turquoise Ridge Mine and Newmont’s Twin Creeks Complex were combined as a single operation, now known as Turquoise Ridge. The combined mining operation is comprised of the Turquoise Ridge Underground, Vista Underground, and Turquoise Ridge Surface (the Mega and Vista open pits). Certain of the disclosure contained in this report will reference Barrick's former practices for the Turquoise Ridge Underground mine (which it previously owned) and Newmont's former practices for Turquoise Ridge Surface and Vista Underground mines (which it previously owned), rather than the consolidated practices of Nevada Gold Mines for the Turquoise Ridge Complex, either for historical purposes or because the applicable mines currently have noteworthy differences in practices.

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