Barrick Mining Corporation · TSX:ABX
Barrick Mining — Barrick Gold — Shareholder Meeting (April 2004)
8 slides from Barrick Mining's shareholder meeting presentation, Apr 22, 2004
Slide 1: Exploration Review
Barrick Gold Corporation – Building Mines, Building Value 2004 Annual and Special Shareholders Meeting Exploration Review Alex Davidson Executive Vice President, Exploration What are we exploring for? > 2 million ounce, low cost gold deposit Carlin-type deposits (50 million ounce Goldstrike mine
Slide 2: 2004 Regional Exploration; Reserve Replacement and Growth
Barrick Gold Corporation – Building Mines, Building Value 2004 Annual and Special Shareholders Meeting 2004 Regional Exploration FSU $5M Canada $4M U.S.A. $17M Tanzania Peru $9M $7M Australia $6M Chile/ Argentina $4.5M Reserve Replacement and Growth RESERVE GROWTH THROUGH ACQUISITION AND EXPLORATION
Slide 3: Exploration Investment
Barrick Gold Corporation – Building Mines, Building Value 2004 Annual and Special Shareholders Meeting Exploration Investment Barrick’s exploration spending has been consistent US$ millions 79 69 69 67 66 65 59 400 56 350 Spot Gold Price 300 250 97 98 99 00 01 02 03 04E Increasing the Chances for
Slide 4: Highlights from 2003
Barrick Gold Corporation – Building Mines, Building Value 2004 Annual and Special Shareholders Meeting Highlights from 2003 Added reserves and resources at Goldstrike, Storm, Gold Hill Regional work in the Alto Chicama district identified targets for 2004 Positive metallurgical testwork at Cho
Slide 5: Goldstrike District, Nevada; East Archimedes, Nevada
Barrick Gold Corporation – Building Mines, Building Value 2004 Annual and Special Shareholders Meeting N. Arturo 2C Storm S. Button Hill Ren Goldstrike District Dee Arturo Nevada N.W. Meikle Meikle S.E. Meikle North Pit Betze-Post South Pit East Archimedes, Nevada West Archimedes 6000 East Archimede
Slide 6: Chocolate Reef, Tanzania; Alto Chicama District, Peru
Barrick Gold Corporation – Building Mines, Building Value 2004 Annual and Special Shareholders Meeting Lake Victoria Chocolate Reef, Tanzania Mwanza Rail Link Tulawaka Bulyanhulu LAKE VICTORIA GREENSTONE BELT Shinyanga Kahama Chocolate Reef Isaka 0 50 100 kilometres C A J A M A R C A Alto Chicama Di
Slide 7: Yeneena Basin, Australia; Robust and Balanced Pipeline
Barrick Gold Corporation – Building Mines, Building Value 2004 Annual and Special Shareholders Meeting Yeneena Basin, Australia Favourable setting 2 projects acquired in 2003 900 square kilometre land position Robust and Balanced Pipeline STAGE BUDGET Dee, Rossi, Reserve Development Goldstrike
Slide 8: Summary
Barrick Gold Corporation – Building Mines, Building Value 2004 Annual and Special Shareholders Meeting Summary More than 95 projects in 9 countries > 2 million ounce gold deposits 6 high priority countries (Peru, Chile, Argentina, USA, Tanzania, Australia) Optimize EXPLORATION & BUSINESS DEV