Barrick Mining Corporation · TSX:ABX
Barrick Mining — Investor Day (May 2021)
18 slides from Barrick Mining's investor day presentation, May 2021
Slide 1: May 2021 Investor Day
May 2021 Investor Day A joint venture between Barrick and Newmont Corporation OPERATED BY BARRICK
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT Certain information contained or incorporated by reference in this presentation, including any information as to our strategy, projects, plans or future financial or operating performance, constitutes “forward- looking statements”. All statements, other than statements of histor
Slide 3: Carlin Complex
CARLIN COMPLEX
Slide 4: Carlin Overview
Carlin Overview Gold Quarry Leeville Carlin Goldstrike Largest of NGM’s gold producing complexes South Arturo Integrated management team Source: Google Earth 20Moz of P&P reservesi over a 65 km strike length Well capitalized infrastructure with both surface and underground mining Proximity and inter
Slide 5: Carlin Ten Year Plan
Carlin Ten Year Plan Carlin Production – 10 Year Plan Key Events in 10 Year Plan Closure of the Gold Quarry concentrator in 2021 1,800 Conversion of the autoclave to carbon-in-leach in 2022 Investments in capacity and processing improvements at the Gold Quarry 1,600 Roaster 1,400 Exploration Project
Slide 6: Carlin on a page
Carlin on a page Underground Surface Processing 9.2Moz at 9.17g/t – P&P reservesi 10.5Moz at 2.21g/t – P&P reservesi Refractory processing capacity: 6 UG mines 3 active open pits Goldstrike Roaster – 6.0mtpa Leeville Goldstrike Gold Quarry Roaster – 3.2mtpa Goldstrike Goldstar Goldstrike Autoclave –
Slide 7: Carlin Operations
Carlin Operations Process 7 process facilities Two roaster facilities Updated October 2020 One autoclave facility One concentrator Three heap leach facilities 950 employees Gold Quarry Roaster Goldstrike Autoclave Assay and metallurgical labs supporting NGM Process Cortez and Carlin ore Three active
Slide 8: Carlin Operations
Carlin Operations Open Pit 3 separate active pits Goldstrike, Goldstar and Updated October 2020 Gold Quarry Workshops, dewatering >120 miles of haul roads >60 haul trucks 975 employees Gold Quarry Current mining rate of ~120 mtpa Goldstar Surface haulage of underground material to the plants Waste m
Slide 9: Carlin Operations
Carlin Operations Pete Bajo Portal Access Underground 6 underground mines Updated October 2020 Leeville, Goldstrike, Exodus, Pete Bajo, El Niño, Rita K Shafts, portal access, and interconnections Multiple backfill plants (Paste & Cemented Rockfill) 300+ pieces of UG mining equipment 1,350 employees
Slide 10: Technical Information
Technical Information The scientific and technical information contained in this presentation has been reviewed and approved by Rodney Quick, MSc, Pr.Sci.Nat, Mineral Resource Management and Evaluation Executive; Craig Fiddes, BSc (Geol) (Honours), SME Registered Member, Resource Modeling Manager, N
Slide 11: Endnotes
Endnotes 1. Gold cost of sales per ounce is calculated as cost of sales across our gold operations (excluding sites in care and maintenance) divided by ounces sold. 2. “Total cash costs” per ounce, “All-in sustaining costs” per ounce and "All-in costs" per ounce are non-GAAP financial performance me
Slide 12: Endnotes
Endnotes 3. Nevada Gold Mines Resources (inclusive of Reserves) and Reserves are summarized below, including Nevada Gold Mines’ 60% interest in South Arturo and Barrick’s 100%-owned Fourmile project. Totals may not appear to sum correctly due to rounding. 4. Estimated in accordance with National Ins
Slide 13: Endnotes
Endnotes 8. “Free cash flow” is a non-GAAP financial performance measure which deducts capital expenditures from net cash provided by operating activities. Barrick believes this to be a useful indicator of our ability to operate without reliance on additional borrowing or usage of existing cash. Fre
Slide 14: Appendix A – Outlook
Appendix A – Outlook Key assumptions 2021 2022 2023 2024+ Gold Price ($/oz) 1,700 1,200 1,200 1,200 Copper Price ($/lb) 2.75 2.75 2.75 2.75 Oil Price (WTI) ($/barrel) 60 60 60 60 AUD Exchange Rate (AUD:USD) 0.75 0.75 0.75 0.75 ARS Exchange Rate (USD:ARS) 100.00 100.00 100.00 100.00 CAD Exchange Rate
Slide 15: Appendix B – Carlin Trend Significant Intercepts
Appendix B – Carlin Trend Significant Interceptsi Drill Results from Q1 2021 i. All intercepts calculated using a 5 g/t Au cutoff and are uncapped; minimum intercept width is 0.8m; internal dilution is Core Drill Holeii Azimuth Dip Interval (m) Width (m)iii Au (g/t) less than 20% total width. 613.3-
Slide 16: Appendix B – Carlin Trend Significant Intercepts
Appendix B – Carlin Trend Significant Interceptsi i. All intercepts calculated using a 5 g/t Au cutoff and are Drill Results from 2020/Legacy Results uncapped; minimum intercept width is 0.8m; internal dilution Core Drill Holeii Azimuth Dip Interval (m) Width (m)iii Au (g/t) is less than 20% total w
Slide 17: Appendix C – North Leeville Significant Intercepts
Appendix C – North Leeville Significant Interceptsi Drill Results from Q1 2021 i. All intercepts calculated using a 3.4 g/t Au cutoff and are Core Drill Holeii Azimuth Dip Interval (m) Width (m)iii Au (g/t) uncapped; minimum intercept width is 3.0 m; internal dilution 733.6-736.7 3.1 16.72 is less t
Slide 18: Appendix C – North Leeville Significant Intercepts
Appendix C – North Leeville Significant Interceptsi Drill Results from 2020 i. All intercepts calculated using a 3.4 g/t Au cutoff and are Core Drill Holeii Azimuth Dip Interval (m) Width (m)iii Au (g/t) uncapped; minimum intercept width is 3.0m; internal dilution is CGX-20075 68 -84 909.5-912.6 3.1