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Barrick Gold Corp
Symbol ABX
Shares Issued 1,778,125,848
Close 2021-01-19 C$ 29.81
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Novagold, Barrick's Donlin drills 103.88m of 6.1 g/t Au

2021-01-19 08:44 ET - News Release

See News Release (C-NG) Novagold Resources Inc (2)

An anonymous director reports

DONLIN GOLD 2020 Q4 DRILLING PROGRAM ASSAY RESULTS CONTINUE TO EXCEED MODELED PROJECTIONS WHILE PARTNERS DELIVER A SAFE AND COVID-FREE YEAR

Donlin Gold LLC, owned 50/50 by Barrick Gold Corp. and Novagold Resources Inc., has provided the third set of assay results from the successful 2020 85-hole, 23,400-metre drill program.

Assay results for 67 holes have been received to date (representing approximately 16,680 metres or 71 per cent of the length drilled), of which 25 holes (representing 30 per cent of the length drilled) were announced on Aug. 6 and Oct. 26, 2020:

  • Assay results continue to demonstrate higher drilled grade-thickness than predicted by previous modelling.
  • Data collected have resulted in an improved understanding of the controls on mineralization.
  • Remaining assay results from the 2020 program are expected in the first quarter of 2021.
  • Additional confirmation and extension drilling planned for 2021.
  • No COVID-19 cases and zero lost-time injuries on site in 2020.
  • Continuing community support, providing timely responses for needs arising from the COVID-19 pandemic.

Objectives of the 2020 drill program and results to date

The primary objective of the 2020 drill program, the largest such campaign at Donlin Gold since 2008, has been to validate and increase the confidence in recent geologic modelling concepts.

Results to date, in both the ACMA and Lewis deposit areas, continue to exceed modelled grade thickness, with higher grades observed over narrower intervals, particularly in sedimentary rocks. Final assay results for the 2020 drill program are expected to be reported in the first quarter of 2021.

Additional confirmation and extension drilling is planned in 2021 focusing on mineralization continuity, structural control, resource model upgrades and geotechnical data collection. The program specifics will be finalized once all assay results have been received and integrated into an interim model update.

Five of the top intervals received since the Oct. 26, 2020, media release include:

  • DC20-1937 intersected 103.88 metres grading 6.1 g/t gold, starting at 390.19 m drilled depth, including a subinterval of 22.15 m grading 12.5 g/t, starting at 459.17 m drilled depth;
  • DC20-1903 intersected 8.14 m grading 45.3 g/t gold, starting at 99.39 m drilled depth, including a subinterval of 6.84 m grading 52.1 g/t gold, starting at 99.39 m drilled depth;
  • DC20-1912 intersected 37.30 m grading 7.0 g/t gold, starting at 249.70 m drilled depth, including a subinterval of 3.30 m grading 24.5 g/t gold, starting at 251.70 m drilled depth;
  • DC20-1930 intersected 39.15 m grading 4.3 g/t gold, starting at 148.85 m drilled depth, including a subinterval of 5.60 m grading 12.5 g/t gold, starting at 182.40 m drilled depth;
  • DC20-1895 intersected 23.80 m grading 6.5 g/t gold, starting at 218.28 m drilled depth, including a subinterval of 7.12 m grading 12.7 g/t gold, starting at 220.28 m drilled depth.

Significant intervals are shown in the attached tables at the end of this release.

Statements by the owners

With more than 70 per cent of drill assays now reported, the results of the 2020 drill program continue to advance Donlin Gold up the value chain.

"Assay results received to date are encouraging and support the drill program to better understand the Donlin Gold orebody and derisk the project development. The ongoing modelling work and planned 2021 follow-up drilling program could further enhance the project parameters," said Mark Bristow, president and chief executive officer of Barrick. "Well done to the Donlin team for delivering a safe and COVID-free year," Mr. Bristow added.

Greg Lang, Novagold's president and chief executive officer, said: "In an era characterized by declining gold grades, it is truly rewarding to continue to be able to report drill results that support the potential of Donlin Gold, already an impressive asset in terms of size and grade for a large-scale open-pit gold project. Indeed, the latest assay results continue to point to additional high-grade gold intersections that have only served to add confidence in recent geologic modelling concepts, while confirming multiple high-grade extensions in both the intrusive (igneous) and sedimentary rocks."

Mr. Lang added: "We are proud to be bringing a federally permitted project up the value chain in one of the world's most desirable jurisdictions where socially and environmentally responsible mining projects are welcome -- the great state of Alaska. I would like to extend my gratitude to the Donlin Gold and contractor teams as well as our Alaska native corporation partners, Calista Corp. and The Kuskokwim Corp. (TKC), for their reinforcement of our unwavering commitment to the highest standards of safety, social responsibility and environmental stewardship, despite the challenges posed by COVID-19."

COVID-19 response and community engagement update

In 2020, 80 per cent of Donlin Gold direct hires for the drill program were Alaska natives. Extensive communication and the application of health and safety protocols resulted in zero COVID-19 cases on site during the year. There were also no lost-time injuries; a testament to the team's focus on operating safely and effectively. Enhanced COVID-19 health protocols will remain in place at Donlin Gold, with the objective of protecting the health of Donlin Gold's employees, contractors, along with their families and home communities.

Donlin Gold has worked with its Alaska native partners Calista, TKC and other key representatives of the communities in the region, responding to needs arising from the COVID-19 pandemic, as well as in other areas such as environmental management, training and education, and cultural initiatives in the Yukon-Kuskokwim region as featured below:

  • COVID-19 -- established a partnership with Bethel Community Services Foundation to support the Y-K Resiliency Fund and Covenant House Alaska for homeless and at-risk youth services in Bethel. Supplies were provided to 766 families and meals served to 3,700 participants in the elders and youth program;
  • Environmental -- worked with TKC, the State of Alaska and Alaska Native Tribal Health Consortium in an initiative to upgrade and improve health and safety standards of water and sewer services in Middle Kuskokwim area communities;
  • Training and Education -- hosted two virtual Alaska resource education camps for Y-K and Doyon students, and Donlin gold scholarships were awarded to students selected by Calista and TKC to improve access to education in the region. Calista has awarded a total of 225 scholarships, with 158 students attending schools in Alaska and the balance having gone to schools out of state, with more than 10 villages in the Y-K region represented;
  • Cultural initiatives -- strengthened sponsorship of the First Alaskans Institute at the elders and youth 2020 statewide conference, the Alaska Federation of Natives (AFN) annual convention, and provided distanced activities and programs for youth and Elders.

As part of Donlin Gold's continuing community engagement efforts, friendship agreements were approved and signed by five communities (Crooked Creek, Sleetmute, Nikolai, Akiak and Napaskiak) in the project's region in 2020. These agreements with Donlin Gold expand upon the long-term relationships already established with these communities and address specific community needs such as water, sewer and landfill projects; the ice road that connects remote villages in the Y-K region; salmon studies; and suicide prevention programs.

Donlin Gold is a committed partner to the Alaska native communities both surrounding the project and within the state as a whole. This commitment underpins the company's approach and is also reflected in the way in which the asset itself is structured. An important factor that distinguishes Donlin Gold from most other mining assets in Alaska is that the project is located on private land designated for mining activities four decades ago. Donlin Gold has entered into life-of-mine agreements with Calista, which owns the subsurface mineral rights, and TKC, a collection of 10 village corporations, which owns the surface land rights, and is committed to providing employment opportunities, scholarships and preferential contract considerations. These agreements include a revenue-sharing structure, established by the Alaska Native Claims Settlement Act (ANSCA) of 1971, which resolved Alaska native land claims, allotting 44 million acres for land use to Alaska native corporations. Additionally, the company's long-term commitment to economic development is exemplified by Donlin Gold's support of TKC's initiative to launch middle Kuskokwim energy and infrastructure projects. These partnerships, activities and programs are illustrative of the company's commitment to the sustainable and responsible development of the Donlin gold project for the benefit of all stakeholders.

About Donlin Gold LLC

Donlin Gold LLC is an Alaska-based company owned equally by Barrick Gold U.S. Inc. and NovaGold Resources Alaska Inc., which are wholly owned subsidiaries of Barrick and Novagold, respectively.

Donlin Gold is located in Alaska, the second-largest gold-producing state in the United States. With approximately 39 million ounces of gold grading 2.24 grams per tonne in the measured and indicated resource categories (100-per-cent basis) (1), Donlin Gold hosts one of the largest and highest-grade undeveloped open-pit gold endowments in the world. The planned pits in which the existing resources are sited occupy only three kilometres of an eight-kilometre mineralized belt, which itself is located on less than 5 per cent of Donlin Gold's land position. Current activities at Donlin gold are focused on the drill program, optimization efforts and community outreach.

Quality assurance/quality control procedures

The QA/QC procedures for the 2020 Donlin gold drill program and sampling protocol were developed and managed by Donlin Gold LLC and overseen by Barrick and Novagold. The chain of custody from the drill site to the sample preparation facility was continuously monitored. All samples are HQ-diameter core. Approximately 93-per-cent core recovery has been achieved to date. Core was logged, cut and sampled at site by Donlin gold employees. Samples were primarily collected on two-metre lengths, with a minimum length of 0.3 metre and maximum length of approximately 3.5 metres. Sampled half core was crushed and pulverized in ALS Ltd.'s Fairbanks, Alaska; Whitehorse, Yukon; or Vancouver, B.C., sample preparation facilities. Pulp samples were sent to the ALS labs in Vancouver, B.C.; Lima, Peru; or Reno, Nev., for gold assays and to labs in Vancouver, B.C., or Lima, Peru, for multielement analysis. At least 14 quality control samples (four standards, four coarse blanks, two pulp blanks, two coarse duplicates and two pulp duplicates) were inserted into each batch of 80 samples. The review of the quality control samples did not indicate any bias or error. There are no known factors that would materially affect the accuracy or reliability of the drill program data referred to in this media release.

Downhole directional surveys were completed on all reported completed holes by both Boart Longyear drill operators and on 96 per cent of reported completed holes by DGI Geoscience Inc. technicians, and collar surveys were completed on all holes by professional licensed surveyors from either Rowland Engineering Consultants or Brice Engineering LLC.

Each of ALS Ltd., Boart Longyear, DGI Geoscience Inc., Rowland Engineering Consultants and Brice Engineering LLC is independent of Donlin Gold, Barrick and Novagold.

Scientific and technical information

Certain scientific and technical information contained herein with respect to the Donlin gold project is derived from the "Donlin Creek Gold Project Alaska, USA NI 43-101 Technical Report on Second Updated Feasibility Study" prepared by AMEC with an effective date of Nov. 18, 2011, as amended Jan. 20, 2012 (the second updated feasibility study). Kirk Hanson, PE, technical director, open-pit mining, North America (AMEC, Reno), and Gordon Seibel, R.M. SME, principal geologist (AMEC, Reno), are the qualified persons responsible for the preparation of the independent technical report, each of whom are independent qualified persons as defined by NI 43-101.

Clifford Krall, PE, who is the mine engineering manager for Novagold and a qualified person under NI 43-101, has approved and verified the scientific and technical information related to the 2020 Donlin gold drill program contained in this media release. To verify the information related to the drilling program, he has visited the project site twice during the 2020 field season; discussed and observed logging, sampling and sample shipping processes with responsible site staff; discussed and reviewed assay and QA/QC results with responsible personnel; and reviewed supporting documentation, including drill hole location and orientation and significant assay interval calculations.

Octavia Bath, APEGBC registered member, who is a Barrick project manager and a qualified person under NI 43-101 has reviewed and approved the assay results for the Donlin gold project contained in this media release.

  
                                2020 DONLIN GOLD SIGNIFICANT ASSAY INTERVALS
 
Hole ID               Area         From (m)          To (m)      Length (m)  Au grade (g/t)

DC20-1865             ACMA          136.75          149.16           12.41            4.91     Reported Aug. 6
DC20-1865                           155.50          174.21           18.71            2.03     Reported Aug. 6
DC20-1865                           200.22          213.57           13.35            2.97     Reported Aug. 6
DC20-1865                            TOTAL                           44.47            3.12
DC20-1866             ACMA           14.00           17.82            3.82            3.48     Reported Aug. 6
DC20-1866                            35.39           81.30           45.91            5.03     Reported Aug. 6
including                            63.35           75.30           11.95           10.44     Reported Aug. 6
DC20-1866                            98.25          103.42            5.17            7.01     Reported Aug. 6
DC20-1866                           108.30          131.66           23.36            4.15     Reported Aug. 6
DC20-1866                           208.44          221.61           13.17            4.69     Reported Aug. 6
DC20-1866                           226.53          256.81           30.28            4.20     Reported Aug. 6
DC20-1866                           266.00          276.76           10.76            4.72     Reported Aug. 6
DC20-1866                           281.33          285.57            4.24            1.83     Reported Aug. 6
DC20-1866                           291.00          296.86            5.86            5.61     Reported Aug. 6
DC20-1866                            TOTAL                          142.57            4.61
DC20-1867             ACMA           23.20           28.04            4.84            7.37     Reported Aug. 6
DC20-1867                            66.14           70.74            4.60            5.90     Reported Aug. 6
DC20-1867                            92.68          104.00           11.32            6.17     Reported Aug. 6
DC20-1867                            TOTAL                           20.76            6.39
DC20-1868             ACMA          115.51          125.74           10.23            4.13     Reported Aug. 6
DC20-1868                           243.48          247.19            3.71            1.92     Reported Aug. 6
DC20-1868                            TOTAL                           13.94            3.54
DC20-1869             ACMA           10.80           16.15            5.35            3.22     Reported Aug. 6
DC20-1869                            33.30           43.30           10.00            2.68     Reported Aug. 6
DC20-1869                            49.30           58.83            9.53            3.86     Reported Aug. 6
DC20-1869                           128.19          137.60            9.41            3.08     Reported Aug. 6
DC20-1869                            TOTAL                           34.29            3.20
DC20-1870             ACMA          156.66          164.60            7.94            4.24     Reported Aug. 6
DC20-1870                           173.10          180.80            7.70            7.53     Reported Aug. 6
DC20-1870                            TOTAL                           15.64            5.86
DC20-1871             ACMA           12.80           20.80            8.00            4.01     Reported Aug. 6
DC20-1871                            30.35           72.26           41.91           11.61     Reported Aug. 6
including                            38.24           42.24            4.00           17.00     Reported Aug. 6
including                            55.78           62.26            6.48           38.77     Reported Aug. 6
DC20-1871                           341.67          347.44            5.77            1.00     Reported Aug. 6
DC20-1871                           425.97          435.71            9.74            1.60     Reported Oct. 26
DC20-1871                            TOTAL                           65.42            8.25
DC20-1872            Lewis           47.30           73.46           26.16            3.40     Reported Oct. 26
DC20-1872                            82.80           86.60            3.80            4.74     Reported Oct. 26
DC20-1872                           163.82          167.70            3.88            4.39     Reported Aug. 6
DC20-1872                           290.62          294.58            3.96            3.17     Reported Aug. 6
DC20-1872                           544.34          555.00           10.66            1.80     Reported Oct. 26
DC20-1872                           603.23          609.23            6.00            2.33     Reported Oct. 26
DC20-1872                            TOTAL                           54.46            3.11
DC20-1873            Lewis           42.90           53.74           10.84            4.36     Reported Aug. 6
DC20-1873                            60.88           68.54            7.66           18.40     Reported Aug. 6
including                            63.16           68.54            5.38           25.26     Reported Aug. 6
DC20-1873                            TOTAL                           18.50           10.17
DC20-1874             ACMA          159.39          169.59           10.20            7.24     Reported Oct. 26
DC20-1874                           174.65          177.97            3.32            3.51     Reported Oct. 26
DC20-1874                           236.83          239.88            3.05            5.52     Reported Oct. 26
DC20-1874                            TOTAL                           16.57            6.18
DC20-1875            Lewis           18.75           22.64            3.89            1.50     Reported Oct. 26
DC20-1875                            43.17           47.09            3.92            1.95     Reported Oct. 26
DC20-1875                           100.06          105.68            5.62            6.09     Reported Oct. 26
DC20-1875                            TOTAL                           13.43            3.55
DC20-1876             ACMA            5.62           18.35           12.73            5.35     Reported Oct. 26
DC20-1876                            TOTAL                           12.73            5.35
DC20-1877             ACMA          123.48          127.65            4.17           80.58     Reported Oct. 26
including                           124.50          127.65            3.15          106.24     Reported Oct. 26
DC20-1877                            TOTAL                            4.17           80.58
DC20-1878            Lewis           27.47           34.05            6.58            2.83     Reported Oct. 26
DC20-1878                            48.86           68.63           19.77           11.34     Reported Oct. 26
including                            54.86           61.86            7.00           25.24     Reported Oct. 26
DC20-1878                            74.63           79.74            5.11           15.79     Reported Oct. 26
including                            74.63           77.74            3.11           21.10     Reported Oct. 26
DC20-1878                            96.92          105.70            8.78            1.23     Reported Oct. 26
DC20-1878                           120.32          124.31            3.99            1.83     Reported Oct. 26
DC20-1878                           132.14          135.94            3.80            1.21     Reported Oct. 26
DC20-1878                           140.90          154.70           13.80            3.10     Reported Oct. 26
DC20-1878                           175.34          186.70           11.36            2.00     Reported Oct. 26
DC20-1878                           198.40          240.70           42.30            2.03     Reported Oct. 26
DC20-1878                           244.75          247.92            3.17            4.27     Reported Oct. 26
DC20-1878                            TOTAL                          118.66            4.31
DC20-1879            Lewis           62.30           68.44            6.14            1.85     Reported Oct. 26
DC20-1879                           118.57          149.20           30.63            2.40     Reported Oct. 26
DC20-1879                            TOTAL                           36.77            2.31
DC20-1880             ACMA           40.70           44.80            4.10           10.67     Reported Oct. 26
DC20-1880                           136.30          139.80            3.50           10.23     Reported Oct. 26
DC20-1880                            TOTAL                            7.60           10.47
DC20-1881             ACMA           50.75           55.25            4.50            3.03     Reported Oct. 26
DC20-1881                            TOTAL                            4.50            3.03
DC20-1882             ACMA            5.00            9.00            4.00            4.52     Reported Oct. 26
DC20-1882                            15.00           21.00            6.00            6.54     Reported Oct. 26
DC20-1882                            27.00           43.00           16.00            2.81     Reported Oct. 26
DC20-1882                            67.00           71.00            4.00            1.51     Reported Oct. 26
DC20-1882                           113.11          121.27            8.16            4.28     Reported Oct. 26
DC20-1882                           160.18          167.55            7.37            2.11     Reported Oct. 26
DC20-1882                           200.80          219.63           18.83            1.75     Reported Oct. 26
DC20-1882                           233.97          245.15           11.18            4.73     Reported Oct. 26
DC20-1882                           251.03          255.03            4.00            3.90     Reported Oct. 26
DC20-1882                           302.03          328.53           26.50            2.24     Reported Oct. 26
DC20-1882                           336.49          349.54           13.05            2.32     Reported Oct. 26
DC20-1882                           392.24          402.03            9.79            2.99     Reported Oct. 26
DC20-1882                            TOTAL                          128.88            2.94
DC20-1883            Lewis           49.38           62.00           12.62            2.19     Reported Oct. 26
DC20-1883                           137.16          157.45           20.29            1.21     Reported Oct. 26
DC20-1883                           172.70          178.97            6.27            2.54     Reported Oct. 26
DC20-1883                           214.50          222.50            8.00            2.58     Reported Oct. 26
DC20-1883                           230.00          234.00            4.00            9.12     Reported Oct. 26
DC20-1883                           258.50          264.50            6.00           15.45     Reported Oct. 26
DC20-1883                            TOTAL                           57.18            3.81
DC20-1884             ACMA          142.50          152.25            9.75            5.07     Reported Oct. 26
DC20-1884                           163.25          167.10            3.85            2.17     Reported Oct. 26
DC20-1884                            TOTAL                           13.60            4.25
DC20-1885             ACMA          268.96          274.75            5.79           12.96     Reported Oct. 26
including                           268.96          272.87            3.91           16.11     Reported Oct. 26
DC20-1885                            TOTAL                            5.79           12.96
DC20-1886            Lewis           43.76           49.67            5.91            2.17     Reported Oct. 26
DC20-1886                           125.88          139.80           13.92            3.47     Reported Oct. 26
DC20-1886                           147.00          151.00            4.00            3.95     Reported Oct. 26
DC20-1886                           158.78          180.90           22.12            4.65     Reported Oct. 26
including                           172.90          176.90            4.00           12.30     Reported Oct. 26
DC20-1886                           196.80          212.20           15.40            3.37     Reported Oct. 26
DC20-1886                           218.20          252.08           33.88            6.52     Reported Oct. 26
including                           224.20          232.14            7.94           11.27     Reported Oct. 26
DC20-1886                            TOTAL                           95.23            4.75
DC20-1887            Lewis            5.10           10.50            5.40            1.78     Reported Oct. 26
DC20-1887                           132.00          145.50           13.50            4.32     Reported Oct. 26
including                           134.00          138.00            4.00           10.02     Reported Oct. 26
DC20-1887                           150.45          160.00            9.55            4.65     Reported Oct. 26
DC20-1887                           177.38          185.00            7.62            1.65     Reported Oct. 26
DC20-1887                           212.50          218.50            6.00            1.73     Reported Oct. 26
DC20-1887                            TOTAL                           42.07            3.22
DC20-1888             ACMA          178.58          185.51            6.93           43.12     Reported Oct. 26
including                           180.26          183.51            3.25           90.49     Reported Oct. 26
DC20-1888                           191.45          203.33           11.88            1.77     Reported Oct. 26
DC20-1888                            TOTAL                           18.81           17.00
DC20-1889             ACMA           33.00           43.00           10.00            5.95
including                            35.00           39.00            4.00           11.15
DC20-1889                            56.00           60.00            4.00            1.38
DC20-1889                           115.00          120.00            5.00           24.27
including                           115.50          118.50            3.00           32.77
DC20-1889                           176.00          188.00           12.00            2.77
DC20-1889                           205.50          218.50           13.00            2.68
DC20-1889                           281.00          306.20           25.20            2.13
DC20-1889                           348.00          353.00            5.00            7.62
DC20-1889                            TOTAL                           74.20            4.67
DC20-1891             ACMA            8.08           15.39            7.31            1.65     Reported Oct. 26
DC20-1891                            52.99           76.37           23.38            2.58     Reported Oct. 26
DC20-1891                           107.69          121.70           14.01            2.20     Reported Oct. 26
DC20-1891                           212.43          222.39            9.96            1.66
DC20-1891                           228.35          248.63           20.28            3.32
DC20-1891                           262.48          291.66           29.18            3.10
DC20-1891                           331.37          335.37            4.00            2.33
DC20-1891                            TOTAL                          108.12            2.65
DC20-1892             ACMA           52.51           74.19           21.68            2.39
DC20-1892                            92.16           95.87            3.71            4.18
DC20-1892                           148.00          156.00            8.00            4.12
DC20-1892                           184.96          188.48            3.52            1.04
DC20-1892                           247.50          257.46            9.96            1.75
DC20-1892                            TOTAL                           46.87            2.59
DC20-1893             ACMA          139.70          143.70            4.00            1.35
DC20-1893                           223.80          230.50            6.70            1.87
DC20-1893                           247.43          253.80            6.37            1.62
DC20-1893                            TOTAL                           17.07            1.65
DC20-1894             ACMA           26.60           32.60            6.00            3.84
DC20-1894                           132.40          136.40            4.00            3.38
DC20-1894                           152.40          158.40            6.00            3.68
DC20-1894                           244.20          253.80            9.60            1.00
DC20-1894                           259.00          263.00            4.00            9.22
DC20-1894                           274.50          284.00            9.50            5.48
DC20-1894                           290.00          294.00            4.00            3.83
DC20-1894                           345.00          348.00            3.00            4.88
DC20-1894                           421.50          429.50            8.00            2.08
DC20-1894                           508.00          521.63           13.63            4.45
DC20-1894                           558.93          580.27           21.34            3.65
DC20-1894                           586.06          605.33           19.27            2.31
DC20-1894                            TOTAL                          108.34            3.57
DC20-1895             ACMA           20.43           26.40            5.97            4.13
DC20-1895                           218.28          242.08           23.80            6.54
including                           220.28          227.40            7.12           12.71
DC20-1895                           257.63          267.00            9.37            1.62
DC20-1895                           286.85          289.93            3.08            3.66
DC20-1895                            TOTAL                           42.22            4.90
DC20-1897             ACMA           17.74           28.95           11.21            2.20
DC20-1897                           145.10          153.04            7.94            1.62
DC20-1897                           219.04          225.04            6.00            2.69
DC20-1897                           243.58          258.12           14.54            4.79
DC20-1897                           287.70          295.70            8.00            2.62
DC20-1897                           321.98          325.97            3.99            8.81
DC20-1897                            TOTAL                           51.68            3.47
DC20-1898             ACMA          222.04          231.93            9.89            4.11
DC20-1898                            TOTAL                            9.89            4.11
DC20-1899             ACMA           72.73           88.87           16.14            7.78
including                            72.73           76.70            3.97           13.91
DC20-1899                            TOTAL                           16.14            7.78
DC20-1900            Lewis           90.12           94.00            3.88            2.83
DC20-1900                           107.20          119.30           12.10            2.37
DC20-1900                           140.20          150.00            9.80            4.78
DC20-1900                           164.00          184.00           20.00            2.74
DC20-1900                           199.00          209.00           10.00            5.61
DC20-1900                            TOTAL                           55.78            3.54
DC20-1901            Lewis           73.66           85.15           11.49            1.16
DC20-1901                           218.78          222.46            3.68            3.65
DC20-1901                           233.97          237.50            3.53            3.43
DC20-1901                           302.16          306.16            4.00            3.50
DC20-1901                           358.00          390.00           32.00            2.40
DC20-1901                            TOTAL                           54.70            2.37
DC20-1902            Lewis           18.00           33.30           15.30            1.23
DC20-1902                            96.00          103.54            7.54            4.65
DC20-1902                           153.00          159.27            6.27            1.79
DC20-1902                            TOTAL                           29.11            2.24
DC20-1903             ACMA           99.39          107.53            8.14           45.26
including                            99.39          106.23            6.84           52.14
DC20-1903                           112.79          119.76            6.97            2.57
DC20-1903                            TOTAL                           15.11           25.57
DC20-1904             ACMA           61.77           97.65           35.88            3.71
DC20-1904                           103.54          109.42            5.88            4.94
DC20-1904                            TOTAL                           41.76            3.88
DC20-1905            Lewis           41.65           45.05            3.40            4.50
DC20-1905                            51.00           67.00           16.00            2.45
DC20-1905                            81.00           89.00            8.00            1.39
DC20-1905                            TOTAL                           27.40            2.40
DC20-1906             ACMA          225.73          237.98           12.25            6.27
DC20-1906                            TOTAL                           12.25            6.27
DC20-1907            Lewis          248.54          254.46            5.92            1.48
DC20-1907                           367.08          385.96           18.88            5.60
including                           368.95          372.75            3.80           16.09
DC20-1907                           395.45          403.24            7.79            1.64
DC20-1907                           418.58          428.45            9.87            3.27
DC20-1907                            TOTAL                           42.46            3.76
DC20-1908            Lewis          112.25          122.25           10.00            2.40
DC20-1908                            TOTAL                           10.00            2.40
DC20-1909             ACMA           74.22           79.40            5.18            8.04
DC20-1909                            94.50           98.40            3.90            3.17
DC20-1909                           135.50          145.60           10.10            2.31
DC20-1909                            TOTAL                           19.18            4.03
DC20-1910            Lewis          162.43          166.43            4.00            6.54
DC20-1910                           184.23          193.23            9.00            7.88
DC20-1910                           201.23          209.23            8.00            7.28
DC20-1910                            TOTAL                           21.00            7.40
DC20-1911             ACMA           61.00           83.00           22.00            2.29
DC20-1911                           105.00          113.00            8.00            2.68
DC20-1911                            TOTAL                           30.00            2.40
DC20-1912            Lewis          178.80          198.80           20.00            4.11
DC20-1912                           249.70          287.00           37.30            7.00
including                           251.70          255.00            3.30           24.55
DC20-1912                            TOTAL                           57.30            5.99
DC20-1913            Lewis           15.00           19.00            4.00            4.87
DC20-1913                           118.53          142.00           23.47            1.87
DC20-1913                            TOTAL                           27.47            2.31
DC20-1914             ACMA           18.44           28.44           10.00            1.92
DC20-1914                            91.13          104.02           12.89            1.31
DC20-1914                           112.88          116.88            4.00            1.05
DC20-1914                            TOTAL                           26.89            1.49
DC20-1915            Lewis           31.90           37.55            5.65            1.08
DC20-1915                           228.10          234.10            6.00            1.78
DC20-1915                           287.42          302.78           15.36            7.22
including                           298.78          302.78            4.00           21.03
DC20-1915                           316.76          324.76            8.00            2.16
DC20-1915                            TOTAL                           35.01            4.14
DC20-1916            Lewis           19.94           31.88           11.94            4.87
DC20-1916                            49.90           58.86            8.96            5.32
DC20-1916                           136.18          148.16           11.98            1.32
DC20-1916                           201.59          211.58            9.99            1.57
DC20-1916                            TOTAL                           42.87            3.20
DC20-1917             ACMA          145.56          155.35            9.79            1.41
DC20-1917                            TOTAL                            9.79            1.41
DC20-1920            Lewis            6.03           10.67            4.64            4.10
DC20-1920                            TOTAL                            4.64            4.10
DC20-1921             ACMA           98.86          103.98            5.12            2.11
DC20-1921                           109.98          116.97            6.99            5.48
DC20-1921                           133.56          142.67            9.11            1.69
DC20-1921                           165.67          189.40           23.73            2.64
DC20-1921                           206.23          209.74            3.51            5.18
DC20-1921                           284.64          292.98            8.34            4.99
DC20-1921                           297.12          311.16           14.04            3.27
DC20-1921                            TOTAL                           70.84            3.29
DC20-1923            Lewis           85.60           91.55            5.95            1.68
DC20-1923                           128.00          131.62            3.62            3.79
DC20-1923                            TOTAL                            9.57            2.48
DC20-1926            Lewis           21.96           35.96           14.00            4.36
DC20-1926                            TOTAL                           14.00            4.36
DC20-1930             ACMA          102.30          110.30            8.00            2.62
DC20-1930                           119.50          137.50           18.00            3.14
DC20-1930                           148.85          188.00           39.15            4.28
including                           182.40          188.00            5.60           12.51
DC20-1930                            TOTAL                           65.15            3.76
DC20-1937             ACMA          335.36          341.36            6.00            6.79
DC20-1937                           349.30          365.63           16.33            3.20
DC20-1937                           390.19          494.07          103.88            6.14
including                           459.17          481.32           22.15           12.55
DC20-1937                           500.10          526.63           26.53            2.40
DC20-1937                            TOTAL                          152.74            5.20
DC20-1944             ACMA          205.38          209.00            3.62            5.45
DC20-1944                           227.00          232.00            5.00            1.55
DC20-1944                           237.62          249.22           11.60            3.59
DC20-1944                           274.00          277.55            3.55            8.49
DC20-1944                           286.17          294.00            7.83            6.12
DC20-1944                            TOTAL                           31.60            4.66
DC20-1947             ACMA           73.81           80.10            6.29            3.20
DC20-1947                            TOTAL                            6.29            3.20
DC20-1949             ACMA           28.84           32.56            3.72            2.28
DC20-1949                            64.93           70.44            5.51            3.30
DC20-1949                            96.01          100.58            4.57            2.17
DC20-1949                           141.35          156.70           15.35            5.37
DC20-1949                            TOTAL                           29.15            4.08
DC20-1950             ACMA          161.50          175.50           14.00            2.63
DC20-1950                           180.80          193.05           12.25            3.14
DC20-1950                           230.30          237.50            7.20            5.91
DC20-1950                           250.00          262.50           12.50            3.49
DC20-1950                           272.00          277.38            5.38            2.24
DC20-1950                           295.15          302.00            6.85            5.17
DC20-1950                           307.00          314.50            7.50            4.84
DC20-1950                            TOTAL                           65.68            3.73
DC20-1951             ACMA          109.96          123.88           13.92            2.34
DC20-1951                            TOTAL                           13.92            2.34
               


Significant intervals represent drilled intervals and not necessarily true thickness of mineralization. Mineralized intervals meet or exceed three metres in length above one g/t. A maximum of four metres of continuous dilution (less than one g/t) is permitted. Any drill intervals not depicted in this table did not meet the significant interval criteria.

Assay data are not yet available from 118.26 m to 214.64 m in DC20-1895, from 159.90 m to 239.27 m in DC20-1909, from 0.00 m to 46.00 m in DC20-1912, from 142.00 m to 224.94 m in DC20-1913, from 0.00 m to 39.70 m and 155.35 m to 175.26 m in DC20-1917, all of DC20-1918 and DC20-1919, from 131.30 m to 253.29 m in DC20-1920, from 0.00 m to 93.26 m and 311.16 m to 607.16 m in DC20-1921, from 56.25 m to 254.51 m in DC20-1922, from 0.00 m to 69.28 m and 190.30 m to 211.53 m in DC20-1923, all of DC20-1924 and DC20-1925, from 0.00 m to 104.00 m in DC20-1927, from 58.03 m to 226.16 m in DC20-1928, all of DC20-1929, from 0.00 m to 64.00 m and 188.00 m to 233.17 m in DC20-1930, all of DC20-1932 through DC20-1936, from 0.00 m to 329.42 m in DC20-1937, all of DC20-1938, from 58.04 m to 151.79 m in DC20-1939, all of DC20-1940 through DC20-1943, from 0.00 m to 154.87 m in DC20-1944, all of DC20-1945 and DC20-1946, from 91.90 m to 240.18 m in DC20-1947, all of DC20-1948, from 187.00 m to 303.58 m in DC20-1949, from 0.00 m to 83.40 m and 314.50 m to 334.06 m in DC20-1950, and from 0.00 m to 33.16 m and 123.88 m to 178.77 m in DC20-1951.

(1) Donlin gold data as per the second updated feasibility study (as defined below). Donlin Gold measured resources of approximately eight million tonnes grading 2.52 g/t and indicated resources of approximately 534 million t grading 2.24 g/t, each on a 100-per-cent basis, of which Barrick and Novagold each own 50 per cent. Mineral resources have been estimated in accordance with National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.

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