Update on Operations at Golden Sunlight
PRESS RELEASE
NYSE : GOLD TSX : ABX
Update on Operations at Golden Sunlight
WHITEHALL, Montana — March 21, 2019 — The Golden Sunlight mine , operated by Barrick Gold
Corporation (NYSE:GOLD)(TSX:ABX) (“Barrick” or the “ Company”), has been approaching the end of its
operational life in recent years, with the mine’s remaining gold reserves nearly depleted. Following a
detailed review of the Golden Sunlight operation, new underground development has ceased, and mining
is limited to existing areas only. A final mill run to process gold ore is currently scheduled for May 2019.
Underground and surface exploration drilling will continue at t he operation, with a focus on the southern
extension of the Sunlight vein . The Company will also complete metallurgical test work and a structural
geological model associated with the APEX target.
In addition, Barrick will be evaluating the potential to reprocess historic tailings , while conducting
hydrological and geochemical studies to support ongoing water treatment and reclamation work as part of
our commitment as responsible owners of the Golden Sunlight mine
Our workforce and community partners’ interests remain a priority and we will continue with responsible
environmental stewardship and management of our social and economic commitments as we work through
this evaluation process. In the coming months, Barrick will review the findings from these different work
streams and determine the path forward for the operation , at which time a fu rther update will be
communicated.
Enquiries:
President and
Chief Executive Officer
Mark Bristow
+1 647 205 7694
+44 788 071 1386
Investor and
Media Relations
Kathy du Plessis
+44 20 7557 7738
Email: [email protected]
Golden Sunlight
General Manager
Dan Banghart
+1 406 287 2046
Email: [email protected]
BARRICK GOLD CORPORATION PRESS RELEASE
Cautionary Statement on Forward-Looking Information
Certain information contained in this press release constitutes “forward-looking statements”. All statements,
other than statements of historical fact, are forward -looking statements. The words “schedule”, “will”,
“evaluate” and similar expressions identi fy forward -looking statements. In particular, this press release
contains forward -looking information relating to future mining and processing operations, exploration
activity, and environmental and social and economic commitments at the Golden Sunlight mine. Forward-
looking statements are necessarily based upon a number of assumptions, including material assumptions
considered reasonable by Barrick as at the date of this press release in light of management’s experience
and perception of current conditions and expected developments, and are inherently subject to significant
business, economic, and competitive uncertainties and contingencies.
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 behalf
of, us. Readers are cautioned not to put undue reliance on forward -looking statements which are not
guarantees of future events, and speak only as of the d ate made. 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.
Barrick disclaims 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.