Barrick Mining Corporation · TSX:ABX

Barrick Mining — Barrick Gold — Technical Presentation (November 2003)

12 slides from Barrick Mining's technical presentation, Nov 11, 2003

  1. Slide 1: Darlot Gold Mine Operations

    Darlot Gold Mine DARLOT Operations AU STR ALIA 2 Down Under 2003Mine Tour November 11 , 2003 1

  2. Slide 2: Darlot Gold Mine: Location of Operations and Safety

    Darlot Gold Mine Darlot Gold Mine: Location of Operations Plutonic Barrick Operations Newmont Operations Placer Operations Darlot Lawlers 0 500km Scale AU STR ALIA 3 Darlot Gold Mine: Safety 60 AIFR LTIFR 50 Frequency (12 MMA) 40 30 20 10 0 May-03 Jan-03 Jun-03 Nov-02 Mar-03 Aug-03 Jul-03 Sep-02 Oct

  3. Slide 3: Darlot Gold Mine: Historic Note and Geology

    Darlot Gold Mine Darlot Gold Mine: Historic Note ƒ 1894 Gold discovery ƒ 1988 Commencement of Open Pit mining ƒ 1995 Commencement of Underground mining, completion of Open Pit mining ƒ 1996 Discovery of the Centenary deposit ƒ 1998 Homestake Mining acquires Plutonic Resources ƒ 1998 Commencement of

  4. Slide 4: Geology; Mining and Processing

    Darlot Gold Mine Darlot Gold Mine: Geology Darlot Pit Centenary Orebody ƒ Volcano-sedimentary succession, differentiated dolerite sill 600m thick ƒ El Dorado Shear, dip 45-700 NE truncates limb causing repetition of stratigraphy AU STR ALIA 7 Darlot Gold Mine: Mining and Processing ƒ Underground acc

  5. Slide 5: Centenary Development and Stoping; Long Hole Open Stoping

    Darlot Gold Mine Darlot Gold Mine: Centenary Development and Stoping Border Border Thomson Thomson Boon Lillee Lillee Boon Lower Lower Walters Walters N 100m AU STR ALIA 9 Darlot Gold Mine: Long Hole Open Stoping AU STR ALIA 10 Down Under 2003Mine Tour November 11 , 2003 5

  6. Slide 6: Centenary Development and Stoping

    Darlot Gold Mine Darlot Gold Mine: Centenary Development and Stoping Walters Orebody Legend Filled Stopes Next Stopes 100m Stope Pillars 2 Mining Sequence 1140 Level W18 3 1120 Level W17 2 1100 Level W16 1 1080 Level W15 1060 Level 1040 Level 6 6 1020 Level 5 1000 Level 5 4 980 Level 4 AU STR ALIA 1

  7. Slide 7: Production/Cost Summary

    Darlot Gold Mine Darlot Gold Mine: Ore Processing AU STR ALIA 13 Darlot Gold Mine: Production/Cost Summary Gold Cash Cost per Ounce 180,000 250 160,000 200 140,000 120,000 $US/Ounces 150 100,000 Ounces 80,000 100 60,000 40,000 50 20,000 0 0 1999 2000 2001 2002 2003E AU STR ALIA 14 Down Under 2003Min

  8. Slide 8: Operating Costs and Operating Parameters

    Darlot Gold Mine Darlot Gold Mine: Operating Costs A$/ton 3rd Quarter 2003 YTD 2003 Mining 29.15 29.13 Milling 14.78 15.22 G&A 5.93 6.10 Total 49.86 50.45 AU STR ALIA 15 Darlot Gold Mine: Operating Parameters Units 1999 2000 2001 2002 2003 E Tonnage Milled Tons ‘000s 760 768 806 849 865 Head Grade o

  9. Slide 9: Environmental Achievements; Reserves and Production

    Darlot Gold Mine Darlot Gold Mine: Environmental Achievements ƒ Decommissioned TSF #1, commenced LOM rehabilitation on TSF #2 ƒ Ongoing backfilling of old turn-of-the-century (circa 1900) mine workings ƒ Expansion of the recycling and waste reduction program ƒ Employee awareness and training ƒ Subst

  10. Slide 10: Reserves/Resources 31st Dec 2002; Future Plans

    Darlot Gold Mine Darlot Gold Mine: Reserves/Resources 31st Dec 2002 tons Grade oz/ton Contained oz Reserves 8,202,000 0.155 1,269,000 Resources * 4,225,000 0.131 552,000 *excludes reserves AU STR ALIA 19 Darlot Gold Mine: Future Plans ƒ All major infrastructure is in place ƒ Focus on continuous impr

  11. Slide 11: Summary

    Darlot Gold Mine Summary ƒ 2003 is a record year of production ƒ Stable operation ƒ Free cash flow AU STR ALIA 21 Cautionary Statement FORWARD LOOKING STATEMENT Certain statements included herein, including those regarding production and costs and other statements that express management’s expectati

  12. Slide 12: Darlot Gold Mine

    Darlot Gold Mine DARLOT Down Under 2003Mine Tour November 11 , 2003 12

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