Showcasing the world’s leading gold mining complex
PRESS RELEASE
NYSE : GOLD TSX : ABX
Showcasing the world’s leading gold mining complex
ELKO, Nevada — September 19, 2019 — The new Nevada Gold Mines complex is hosting a group of
analysts for their first site visit since the formation of the Barrick / Newmont Goldcorp joint venture at the
beginning of July.
The complex represents the single largest gold producing operation i n the world and includes three Tier 1
mines. In an announcement earlier this week, Barrick reported a new discovery hole 4 about 2 kilometers
from the best ever drilling intercept at its Fourmile project in Nevada and said this pointed to the potential
for at least one more Tier 1 gold mine through the combination of Fourmile with the nearby Goldrush
development project. Fourmile was not included in the recent combination of Nevada assets but the
company has the right to bring it into the joint venture for fair market value provided certain agreed
investment criteria are met.
Barrick president and chief executive Mark Bristow and Nevada Gold Mines executive managing director,
Greg Walker, welcomed the analysts to the operations. The benefits of combining th e assets and
infrastructure in Northern Nevada will be showcased in a presentation by the Nevada team to the visitors
today. A copy of the presentation is available on the Barrick website at www.barrick.com.
The three day tour includes visits to the third shaft and autoclave facility of the now combined Turquoise
Ridge and Twin Creeks, the Cortez Hills underground mine including Deep South and processing facilities
at Carlin.
Enquiries:
Mark Bristow
President and CEO
+1 647 205 7694
+44 788 071 1386
Graham Shuttleworth
Senior Executive Vice-President
and Chief Financial Officer
+1 647 262 2095
+44 779 771 1338
Kathy du Plessis
Investor and Media Relations
+44 20 7557 7738
Website: www.barrick.com
Technical Information
The scientific and technical information contained in this press release has been reviewed and approved for release by
Rob Krcmarov, FAusIMM, Executive Vice -President, Exploration and Growth, who is a “Qualified Person” as defined
in National Instrument 43-101 – Standards of Disclosure for Mineral Projects.
Drill Results from FM19-11DW11
Core Drill Hole2 Azimuth Dip Interval (m) Width (m)3 Au (g/t)
FM19-11DW14 18 -74
1208.2 - 1209.7 1.5 8
1238.1 - 1239.3 1.2 73.4
1279.8 - 1290.5 10.7 24.8
1304.2 - 1305.7 1.5 8.1
BARRICK GOLD CORPORATION PRESS RELEASE
1319.5 - 1321.0 1.5 5
1343.8 - 1348.4 4.6 49.4
1351.5 - 1357.6 6.1 21.2
1. All intercepts calculated using a 5 g/t Au cutoff and are uncapped; minimum intercept width is 0.8 m; internal
dilution is less than 20% total width
2. Fourmile drill hole nomenclature: FM (Fourmile) followed by the year (19 for 2019)
3. True width of intercepts are uncertain at this stage
4. Partial results received
The drilling results for the Fourmile property contained in this press release have been prepared in accordance with
National Instrument 43-101 – Standards of Disclosure for Mineral Projects. All drill hole assay information has been
manually reviewed and approved by staff geologists and re-checked by the project manager. Sample preparation and
analyses are conducted by ALS Minerals, an independent laboratory. Industry accepted best practices for preparation
and fire assaying procedures are utilized to determine gold content. Procedures are employed to ensure security of
samples during their delivery from the drill rig to the laboratory. The quality assurance procedures, data verification
and assay protocols used in connection with drilling and sampling on the Fourmile property conform to industry
accepted quality control methods. For previously released significant intercepts at Fourmile refer to Appendix B and
Appendix F of the Nevada Gold Mines Analyst Presentation, dated as of September 19, 2019, available at
www.Barrick.com.
Cautionary Statement on Forward-Looking Information
Certain information contained or incorporated by reference in this press release, including any information as to our
strategy, projects, plans or future financial or operating performance, constitutes “fo rward-looking statements”. All
statements, other than statements of historical fact, are forward -looking statements. The words “potential” “will”,
“should” and similar expressions identify forward-looking statements. In particular, this press release contains forward-
looking statements including, without limitation, with respect to: potential mineralization, including in respect of Fourmile;
potential for Goldrush/Fourmile to become a Tier One gold asset; and the expected impact of the creation of Nevada
Gold Mines, including potential synergies.
Forward-looking statements are necessarily based upon a number of estimates and assumptions including material
estimates and assumptions related to the factors set forth below that, while considered reasonable by the Company as
at the date of this press release in light of management’s experience and perception of current conditions and expected
developments, are inherently subject to significant business, economic and competitive uncertainties and
contingencies. Known and unknown factors could cause actual results to differ materially from those projected in the
forward-looking statements and undue reliance should not be placed on such statements and information. Such factors
include, but are not limited to: fluct uations in the spot and forward price of gold, copper or certain other commodities
(such as silver, diesel fuel, natural gas and electricity); the speculative nature of mineral exploration and development;
changes in mineral production performance, exploit ation and exploration successes; risks associated with projects in
the early stages of evaluation and for which additional engineering and other analysis is required; the benefits expected
from Nevada Gold Mines being realized; diminishing quantities or gr ades of reserves; increased costs, delays,
suspensions and technical challenges associated with the construction of capital projects; operating or technical
difficulties in connection with mining or development activities, including geotechnical challenges and disruptions in the
maintenance or provision of required infrastructure and information technology systems; failure to comply with
environmental and health and safety laws and regulations; non -renewal of key licenses by governmental authorities;
timing of receipt of, or failure to comply with, necessary permits and approvals; uncertainty whether some or all of
Barrick's targeted investments and projects will meet the Company’s capital allocation objectives and internal hurdle
rate;; changes in national and local government legislation, taxation, controls or regulations and/or changes in the
administration of laws, policies and practices, expropriation or nationalization of property and political or economic
developments in Canada, the United States and o ther jurisdictions in which the Company or its affiliates do or may
carry on business in the future; damage to the Company’s reputation due to the actual or perceived occurrence of any
number of events, including negative publicity with respect to the Comp any’s handling of environmental matters or
dealings with community groups, whether true or not; the possibility that future exploration results will not be consistent
with the Company’s expectations; risks that exploration data may be incomplete and considerable additional work may
BARRICK GOLD CORPORATION PRESS RELEASE
be required to complete further evaluation, including but not limited to drilling, engineering and socioeconomic studies
and investment; risk of loss due to acts of war, terrorism, sabotage and civil disturbances; litigation and legal and
administrative proceedings; contests over title to properties, particularly title to undeveloped properties, or over access
to water, power and other required infrastructure; business opportunities that may be presented to, or pursued by, the
Company; our ability to successfully integrate acquisitions or complete divestitures; risks associated with working with
partners in jointly controlled assets; employee relations including loss of key employees; increased costs and physical
risks, including e xtreme weather events and resource shortages, related to climate change; and availability and
increased costs associated with mining inputs and labor. In addition, there are risks and hazards associated with the
business of mineral exploration, development and mining, including environmental hazards, industrial accidents,
unusual or unexpected formations, pressures, cave -ins, flooding and gold bullion, copper cathode or gold or copper
concentrate losses (and the risk of inadequate insurance, or inability to obtain insurance, to cover these risks).
Many of these uncertainties and contingencies can affect our actual results and could cause actual results to differ
materially from those expressed or implied in any forward -looking statements made by, or on beha lf of, us. Readers
are cautioned that forward -looking statements are not guarantees of future performance. All of the forward -looking
statements made in this press release are qualified by these cautionary statements. Specific reference is made to the
most recent Form 40 -F/Annual Information Form on file with the SEC and Canadian provincial securities regulatory
authorities for a more detailed discussion of some of the factors underlying forward -looking statements and the risks
that may affect Barrick’s ability to achieve the expectations set forth in the forward-looking statements contained in this
press release. We disclaim any intention or obligation to update or revise any forward -looking statements whether as
a result of new information, future events or otherwise, except as required by applicable law.