Mr. Mark Bristow reports

BARRICK REPORTS PRELIMINARY FIRST QUARTER PRODUCTION RESULTS

In a positive start to the year, Barrick Gold Corp. made good progress in achieving its short-term goals as well as its full-year objectives during the first quarter. All amounts expressed in U.S. dollars.

After setting a production record at the Kibali mine in 2018, the company announced that the operation is on track for another record performance in 2019. Barrick is also rapidly progressing the implementation of the joint venture agreement signed with Newmont in March, which will create the world's single-largest gold producer and allow both partners to realize the enormous potential of Nevada's mineral endowment.

Reflecting a solid operating performance across its portfolio, Barrick announced preliminary first quarter sales of 1.37 million ounces of gold and 103 million pounds of copper, as well as preliminary first quarter production of 1.37 million ounces of gold and 106 million pounds of copper -- in line with the company's operating plans and guidance. The average market price for gold in the first quarter was $1,304 per ounce, while the average market price for copper in the first quarter was $2.82 per pound.

Barrick will provide additional discussion and analysis regarding first quarter production and sales when the company reports quarterly results before North American markets open on May 8, 2019, followed by a live presentation by president and chief executive officer Mark Bristow at 11 a.m. Eastern Daylight Time, linked to a conference call and webcast.

The associated table includes preliminary gold and copper production and sales results from the company's operations.

          THREE MONTHS ENDED MARCH 31, 2019

                              Production         Sales
Gold (equity ounces (000))                           
Cortez                               262           259
Goldstrike                           233           239
Turquoise Ridge (75%)                 77            76
Barrick Nevada                       572           574
Pueblo Viejo (60%)                   148           142
Loulo-Gounkoto (80%)                 128           128
Kibali (45%)                          93            90
Veladero (50%)                        70            68
Acacia (63.9%)                        67            67
Porgera (47.5%)                       66            65
Tongon (89.7%)                        61            61
Hemlo                                 55            58
Kalgoorlie (50%)                      55            58
Lagunas Norte                         35            37
Morila (40%)                          10            10
Golden Sunlight                        7             7
Total gold                         1,367         1,365
Copper (equity pounds (millions))                     
Lumwana                               61            61
Zaldivar (50%)                        28            28
Jabal Sayid (50%)                     17            14
Total copper                         106           103

Technical information

The scientific and technical information contained in this press release has been reviewed and approved by: Steven Yopps, MMSA, Barrick's director -- metallurgy, North America; Chad Yuhasz, PGeo, Barrick's mineral resource manager, Latin America and Australia Pacific; and Simon Bottoms, CGeol, Barrick's mineral resources manager, Africa and Middle East -- each a qualified person as defined in National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.

First quarter 2019 results

Barrick will release its first quarter 2019 results before markets open on May 8, 2019, followed by a live presentation by president and chief executive officer Mark Bristow at 11 a.m. EDT, linked to a conference call and webcast:

United States and Canada:  1-800-319-4610

United Kingdom:   0808-101-2791

International:   1-416-915-3239

If you wish to attend the presentation in Toronto, please contact Deni Nicoski at investor@barrick.com. The first quarter 2019 presentation materials will be available on Barrick's website.

The webcast will remain on the website for later viewing, and the conference call will be available for replay by telephone at 1-855-669-9658 (U.S. and Canada) and 1-604-674-8052 (international), access code 3107.

We seek Safe Harbor.