Barrick Mining Corporation · TSX:ABX
Barrick Mining — Barrick Gold — Denver Gold Show 2006
25 slides from Barrick Mining's conference presentation, September 2006
Slide 1: Important Information
BARRICK GOLD CORPORATION Denver Gold Show September 2006 Important Information CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION Certain information contained or incorporated by reference in this presentation, including any information as to our future financial or operating performance, constitut
Slide 2: Important Information – Additional Disclosure
BARRICK GOLD CORPORATION Denver Gold Show September 2006 Important Information ADDITIONAL DISCLOSURE On August 4, 2006, Barrick Gold Corporation filed a tender offer statement related to its tender offer for the outstanding common shares of NovaGold Resources Inc. Investors and security holders of N
Slide 3: North America – Asset Base
BARRICK GOLD CORPORATION Denver Gold Show September 2006 North America – Asset Base Donlin Creek P&P reserves1: 44.4 Moz Eskay Creek M&I resources: 23.4 Moz Inferred resources: 14.9 Moz CANADA Hemlo Goldstrike Golden Sunlight Turquoise Ridge Marigold Bald Mountain Cortez UNITED STATES Cortez H
Slide 4: Production in Nevada
BARRICK GOLD CORPORATION Denver Gold Show September 2006 Production in Nevada Turquoise Ridge 2006 Est. Total Production (2) Goldstrike 8.6 - 8.9 Moz @ $275-290/oz Elko Carlin Marigold Battle Mtn. Cortez Nevada Total Bald Mtn. ~2.9Moz other regions Ruby Hill other N. Am. North America contributes Ro
Slide 5: North America Regional Synergies
BARRICK GOLD CORPORATION Denver Gold Show September 2006 North America Regional Synergies Benefits from Barrick’s Global Procurement Extend successful cost containment and risk management strategies to all sites Continuous improvement initiatives and sharing best practices Financial and tax
Slide 6: Cortez Overview
BARRICK GOLD CORPORATION Denver Gold Show September 2006 Cortez Overview Turquoise Ridge Ownership Goldstrike Elko –60% Barrick Carlin Marigold Battle Mtn. –40% Kennecott Cortez Minerals Bald Mtn. Operated by Barrick Ruby Hill Round Mountain Cortez Hills Project Update Cortez Gold Mines Pipeline
Slide 7: Cortez Hills Project Layout
BARRICK GOLD CORPORATION Denver Gold Show September 2006 Cortez Hills Project Layout Cortez Hills Pit Limit Twin Decline Portal ADA 52 Pit F Canyon Pit Cortez Fault Cortez Pit Gold Acres Haul Road Crescent Fault Mill #1 Plant Site Summary of Cortez Long-life asset with quality reserves Strong la
Slide 8: Bald Mountain Location
BARRICK GOLD CORPORATION Denver Gold Show September 2006 Bald Mountain Location Turquoise Ridge Goldstrike Elko Carlin Marigold Battle Mtn. Cortez Bald Mountain Ruby Hill Round Mountain Bald Mountain Overview 8
Slide 9: Ruby Hill
BARRICK GOLD CORPORATION Denver Gold Show September 2006 Ruby Hill Project is on budget at total cost of $75M Project development is 90% complete Staffing is 80% complete Production targeted for first quarter 2007 2007E production: ~ 100,000 ozs Goldstrike Admin/Shop Autoclave Open Pit Ope
Slide 10: Goldstrike Location / Nevada Exploration Potential
BARRICK GOLD CORPORATION Denver Gold Show September 2006 Goldstrike Location Turquoise Ridge Goldstrike Elko Carlin Marigold Battle Mtn. Cortez Bald Mtn. Ruby Hill Round Mountain Nevada Exploration Potential (3) Turquoise Ridge Goldstrike Elko Carlin Marigold Battle Mtn. Cortez Bald Mtn. Ruby Hill R
Slide 11: 2006 Exploration Pipeline
BARRICK GOLD CORPORATION Denver Gold Show September 2006 2006 Exploration Pipeline TARGET DRILL ADVANCED RESERVE GRASSROOTS TESTING TOTAL DELINEATION DRILLING DEVELOPMENT CURRENT USA Generative Goldstrike Button Hill Dee S Arturo Goldstrike TARGETS GS Targets Corridor North Post 57 Ellison Ranch REN
Slide 12: 2006 Budget by Pipeline Stage
BARRICK GOLD CORPORATION Denver Gold Show September 2006 2006 Budget by Pipeline Stage Budget = $48 million G&A, Land, GRASSROOTS DORMANT 5% 7% TARGET DELINEATION 7% DRILL TESTING 19% RESERVE DEVELOPMENT 49% ADVANCED EXPLORATION 13% 2006 Budget by Trend Budget = $48 million OTHER & ADMIN, 7% GETCHEL
Slide 13: Nevada Land Holdings
BARRICK GOLD CORPORATION Denver Gold Show September 2006 Nevada Land Holdings N N Legend Barrick/Placer Dome Properties Barrick Properties Carlin Trend Exploration 2006 Budget - $24 million Targets range from Grassroots to Reserve Development Key Projects Dee/Rossi - South Arturo, Storm Gold
Slide 14: Goldstrike – Exploration
BARRICK GOLD CORPORATION Denver Gold Show September 2006 Goldstrike – Exploration Rossi Property ELKO COUNTY Storm Hinge Goldstrike Ren ADOBE RANGE S. Arturo Property EUREKA COUNTY Dee Property Banshee Meikle Rodeo Elko North Pit North Post Betze-Post Goldstrike Property 0 1 2 3 4 Carlin Miles Golds
Slide 15: Goldstrike – Exploration
BARRICK GOLD CORPORATION Denver Gold Show September 2006 Goldstrike – Exploration Deep North Post DDS # 3 Cross Section BPC-49C SW NE Lost Hole North Post Upper Zone Pos Assay Results: t Fa ult Lost Hole Deep North Post BPC-49C (Lost above target): No significant intercepts U10-P05-01A: 70’ @ 0.520,
Slide 16: South Arturo Deposit
BARRICK GOLD CORPORATION Denver Gold Show September 2006 South Arturo Deposit Rossi Property (Storm) Dee Open Pit South Arturo Exploration South Arturo Drilling ) ) ) ) ) ) ) ) ) )) ) ) ) ) ) ) )) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )) ) )) ) ) ) ) ) )) ) ) ) BD-234C ) ) )) )) ) ) ) ) /)) )/ ) ) ) Storm Dep
Slide 17: South Arturo Deposit
BARRICK GOLD CORPORATION Denver Gold Show September 2006 South Arturo Deposit ARTURO/DEE $575 PIT LOOKING WEST SHOWING PLUS .100 OPT/AU BLOCKS NORTH PIT DEE PIT SOUTH ARTURO South Arturo - Hinge Section C C' C 22 28 -2 BD 48 -1 74 35 BD -1 09 -1 -1 BD C 46 -1 C BD 80 C BD 91 30 65 BD -1 00 26 59 BD
Slide 18: Bald Mountain Exploration
BARRICK GOLD CORPORATION Denver Gold Show September 2006 Bald Mountain Exploration Bald Mountain District Northwest/Central Area Intrusion related and Carlin style Prod/reserves - 3.8 M oz. Additional potential 2-5 M oz East Area Carlin style Prod/reserves - 0.5 M oz Additional potential 1-2 M oz So
Slide 19: BM-EU Trend Exploration
BARRICK GOLD CORPORATION Denver Gold Show September 2006 BM-EU Trend Exploration 2006 Budget – $16 million Targets – Grassroots to Reserve Development Key Projects Cortez JV – Cortez Corridor, Gold Acres / Pipeline Ruby Hill – Deep Blanchard, RH-426 Target Marigold JV Stonehouse, HM, Red
Slide 20: Cortez Exploration
BARRICK GOLD CORPORATION Denver Gold Show September 2006 Cortez Exploration Hilltop Gold Acres / Pipeline Pipeline/South Pipeline Crossroads/Gap Complex Gold Acres Gold Acres Pipeline: 20Moz Cortez Horse Canyon Cortez Hills/Pediment area enlarged Cortez Hills/Pediment Cortez Corridor Cortez Hills Gr
Slide 21: Cortez Hills / Getchell Trend Exploration
BARRICK GOLD CORPORATION Denver Gold Show September 2006 Cortez Hills Block Model Cross Section (view to North) Section 28,600N Au (oz/st) 1,000 ft Getchell Trend Exploration 2006 Budget – $5 million Targets – Target Delineation to Reserve Development Key Projects Getchell / TR – Getchell UG,
Slide 22: Getchell Trend Exploration
BARRICK GOLD CORPORATION Denver Gold Show September 2006 Getchell TR TR JV Getchell Trend Exploration Pinson Preble N N Φ Getchell Trend Exploration Turquoise Ridge North Target Zones Proposed Drift Drill Hole Plan Map With 0.5 opt grade zones N 61300 Getchell TR Underground 194 North Target 148 and
Slide 23: TR Corridor Project
BARRICK GOLD CORPORATION Denver Gold Show September 2006 TR Corridor Project Getchell Pit Explanation 5500 EL Interpretive Geology Getchell Limestone Cretaceous (?) 5000 EL Dacite Dike ? ? ? Ordovician Valmy Fm Greenstone 4500 EL ? Mudstone TR-Getchell Corridor Target Area Ordovician Comus Fm 4000 E
Slide 24: Pinson Project Exploration
BARRICK GOLD CORPORATION Denver Gold Show September 2006 Pinson Project Exploration Pinson Project - Exploration N 3D Cross Section Looking East S W. Banshee 0.200 shell Meikle 0.200 shell E. Banshee 0.200 Shell E. Banshee rift Planned D 3600 Elevation st We CX E W Ogee Zone plan view M&I blocks ins
Slide 25: Nevada Exploration Potential Footnotes
BARRICK GOLD CORPORATION Denver Gold Show September 2006 Nevada Exploration Potential Turquoise Ridge Goldstrike Elko Carlin Marigold Battle Mtn. Cortez Bald Mtn. Ruby Hill Round Mountain Footnotes 1. Mineral reserves (“reserves”) have been calculated as at December 31, 2005 in accordance with Natio