Barrick Mining Corporation · TSX:ABX
Barrick Mining — Barrick Gold — Scotia Capital Precious Metals Conference 2003
18 slides from Barrick Mining's conference presentation, Nov 25, 2003
Slide 1: Alto Chicama Update
BARRICK GOLD CORPORATION Scotia Capital Precious Metals Conference November 2003 ALTO CHICAMA UPDATE November 25, 2003 1 INTRODUCTION § Alto Chicama was discovered in the second half of 2001 through grassroots exploration by Barrick § Since the discovery, 130,000 meters have been drilled and Barrick
Slide 2: Alto Chicama Update Agenda
BARRICK GOLD CORPORATION Scotia Capital Precious Metals Conference November 2003 ALTO CHICAMA UPDATE AGENDA § Project overview § Administration § Geology § Capital § Processing § Environmental § Mining § Regional exploration ALTO CHICAMA UPDATE – NOVEMBER 2003 3 Overview Geology Process Mining Admin
Slide 3: Project Location
BARRICK GOLD CORPORATION Scotia Capital Precious Metals Conference November 2003 Overview Geology Process Mining Admin. Capital Enviro. Explor. Project Location Cajamarca Huamachuco Trujillo Alto Chicama Cajamarca Pacific Ocean La Libertad Pierina Huaraz Huamachuco Otuzco Alto Chicama Trujillo LIMA
Slide 4: Highlights
BARRICK GOLD CORPORATION Scotia Capital Precious Metals Conference November 2003 Overview Geology Process Mining Admin. Capital Enviro. Explor. HIGHLIGHTS § Project status: feasibility completed § 159 million tons grading 0.045 oz/ton § Reserves (in situ): 7.2 million ounces § Average annual product
Slide 5: Regional Context
BARRICK GOLD CORPORATION Scotia Capital Precious Metals Conference November 2003 Overview Geology Process Mining Admin. Capital Enviro. Explor. LAS LAGUNAS NORTE GEOLOGY Overburden Late Andesitic Tuff and Flows Late Andesitic dome Shulcahuanga Flows Shulcahuanga Dome Early Andesitic Flows Early Ande
Slide 6: Las Lagunas Norte Geology
BARRICK GOLD CORPORATION Scotia Capital Precious Metals Conference November 2003 Overview Geology Process Mining Admin. Capital Enviro. Explor. ALTO CHICAMA – Section 4200 Lithology Section 3 ALTO CHICAMA UPDATE – NOVEMBER 2003 11 Overview Geology Process Mining Admin. Capital Enviro. Explor. ALTO C
Slide 7: Project Layout
BARRICK GOLD CORPORATION Scotia Capital Precious Metals Conference November 2003 Overview Geology Process Mining Admin. Capital Enviro. Explor. PROJECT LAYOUT N E E Dump Dump OPEN OPEN PIT PIT PLANT Sulfide Sulfide StockPile StockPile HEAP LEACH Crusher Crusher HEAP HEAP PLANT PLANT LEACH LEACH OPEN
Slide 8: Detailed Geological Data Base
BARRICK GOLD CORPORATION Scotia Capital Precious Metals Conference November 2003 Overview Geology Process Mining Admin. Capital Enviro. Explor. DETAILED GEOLOGICAL DATA BASE § 830 diamond drill holes § 138 reverse circulation drill holes § 2,581 meters of surface channel cuts § 222,299 samples in to
Slide 9: In-Pit Resources
BARRICK GOLD CORPORATION Scotia Capital Precious Metals Conference November 2003 Overview Geology Process Mining Admin. Capital Enviro. Explor. EXTENSIVE METALLURGICAL TEST WORK TYPE TOTAL Bottle Rolls 2872 Cyanide Amenability Tests 8500 Column Tests 48 ICP, LECO, Carbon Tests 3000 Total 14,420 ALTO
Slide 10: Extensive Metallurgical Test Work
BARRICK GOLD CORPORATION Scotia Capital Precious Metals Conference November 2003 Overview Geology Process Mining Admin. Capital Enviro. Explor. PROCESS FLOWSHEET SECONDARY CRUSHING PRIMARY CRUSHING Screens (2) 2000 tonne Cone Lime Surge Crushers Stockpile (2) Gyratory Crusher LEACHING CIRCUIT Heap L
Slide 11: Process Flowsheet
BARRICK GOLD CORPORATION Scotia Capital Precious Metals Conference November 2003 Overview Geology Process Mining Admin. Capital Enviro. Explor. UNIT COSTS US$ per tonne Life of mine Processing $ 1.51 Mining 1.09 Administration 0.96 ALTO CHICAMA UPDATE – NOVEMBER 2003 21 Overview Geology Process Mini
Slide 12: Unit Costs
BARRICK GOLD CORPORATION Scotia Capital Precious Metals Conference November 2003 Overview Geology Process Mining Admin. Capital Enviro. Explor. ADMINISTRATION § Total annual cost: $14.7 million § Cost per tonne processed: $0.96 § Synergies with Pierina: – purchasing – human resources – maintenance s
Slide 13: Capital Cost of Construction
BARRICK GOLD CORPORATION Scotia Capital Precious Metals Conference November 2003 Overview Geology Process Mining Admin. Capital Enviro. Explor. CONSTRUCTION SCHEDULE Commences Completed § Access road Q3 ’03 Q2 ‘04 § EIS review process Q3 ’03 Q2 ‘04 § Primary crusher ordered Q3 ’03 Q4 ‘04 § Pre-strip
Slide 14: Construction Schedule
BARRICK GOLD CORPORATION Scotia Capital Precious Metals Conference November 2003 Overview Geology Process Mining Admin. Capital Enviro. Explor. PROJECT PERFORMANCE IRR Payback in years Spot price pre-finance from start-up $300/oz 27% 2.8 $325/oz 33% 2.5 $350/oz 39% 2.0 ALTO CHICAMA UPDATE – NOVEMBER
Slide 15: Project Performance
BARRICK GOLD CORPORATION Scotia Capital Precious Metals Conference November 2003 Overview Geology Process Mining Admin. Capital Enviro. Explor. ENVIRONMENTAL – Water Management § To protect the road and to minimize Sedimentation basin sediment transport, culverts are installed and rock structures ar
Slide 16: Environmental – Water Management
BARRICK GOLD CORPORATION Scotia Capital Precious Metals Conference November 2003 Overview Geology Process Mining Admin. Capital Enviro. Explor. ALTO CHICAMA UPDATE – NOVEMBER 2003 31 Overview Geology Process Mining Admin. Capital Enviro. Explor. RESERVES - South America areas enlarged Trujillo Alto
Slide 17: Reserves - South America
BARRICK GOLD CORPORATION Scotia Capital Precious Metals Conference November 2003 Overview Geology Process Mining Admin. Capital Enviro. Explor. C A J A M A R C A ALTO CHICAMA Huamachuco L A L I B E R T A D 185 sq. km Otuzco Lagunas Norte 8° Quiruvilca 0 10 20 kilometres ANCASH ALTO CHICAMA UPDATE –
Slide 18: Alto Chicama Regional Targets
BARRICK GOLD CORPORATION Scotia Capital Precious Metals Conference November 2003 Overview Geology Process Mining Admin. Capital Enviro. Explor. C A J A M A R C A ALTO CHICAMA REGIONAL TARGETS GOITOS LAGUNAS Piedra Grande NW Huamachuco 1,350 sq. km L A L I B E R T A D Otuzco LAGUNAS Genusa Lagunas No
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