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Barrick Gold Corp.
Summary
| Project: | Veladero | |
|---|---|---|
| Deposit: | Veladero | |
| Location: | Argentina | |
| Commodities: | Gold-Silver | |
| Date: | 3/24/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 24-3-2018: Barrick Gold Corp. announces a Resource Estimation report for its Veladero deposit at the Veladero project. JV with Shandong Gold - Updated mineral resources and ore reserves at project. Roscoe Postle Associates Inc. (RPA) was retained by Barri | |
| Resources: | (Reserve, P+P): 227.8Mt @ 0.77g/t Au, 14.6g/t Ag for 5.62moz Au, 100.8Moz Ag contained at project | |
| CP/QP: | [Resources]: Luke Evans (Roscoe Postle Associates Inc.) | |
| ABSTRACT: | Roscoe Postle Associates Inc. (RPA) was retained by Barrick Gold Corporation (Barrick) to complete an audit of Mineral Resources and Mineral Reserves and prepare an independent Technical Report on the Veladero Gold Mine (the Mine or Veladero), located in Argentina. The purpose of this report is to support public disclosure of Mineral Resource and Mineral Reserve estimates at the Mine as of December 31, 2017. This report conforms to National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43-101) as published by the Canadian Securities Administrators. The effective date of the Mineral Resource and Mineral Reserve estimates in this report is December 31, 2017, and information in this Technical Report is current as of that date unless otherwise specified. More current information has been incorporated in certain circumstances to reflect subsequent events. RPA visited the Mine from October 30 to November 1, 2017. On April 6, 2017, Barrick announced that it had entered into a strategic cooperation agreement with Shandong Gold Group Co., Ltd. (Shandong), a Chinese gold mining company, based in Jinan, Shandong Province. Shandong is the direct and indirect holder of approximately 56% of the outstanding shares in Shandong Gold Mining Co., Ltd. (Shandong Gold). Shandong Gold was listed on the Shanghai Stock Exchange in 2003. | |
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