Core Insights - The Fourmile project in Nevada is highlighted as one of the century's greatest gold discoveries, with a new preliminary economic assessment (PEA) confirming its potential to become a leading global gold producer [1][2][10] Project Overview - Barrick Mining Corporation owns 100% of the Fourmile project, which is expected to double its resource by the end of 2025, with current estimates indicating 32-34 million tonnes at grades of 15-16 grams per tonne [2][4] - The project is projected to achieve average annual gold production of 600,000 to 750,000 ounces at low mining rates of 1.5 to 1.8 million tonnes of ore per year [4][11] Economic Metrics - The PEA outlines a project capital requirement of approximately $1.5 to $1.7 billion, with a cost of sales estimated at $850 to $900 per ounce and all-in sustaining costs (AISC) ranging from $650 to $750 per ounce [11][10] - The mine life is projected to exceed 25 years, indicating long-term production potential [11] Geological Characteristics - The Fourmile orebody features a steeply dipping structurally controlled breccia domain, which is geologically unique and supports multiple large-scale mining fronts [5][6] - The orebody is characterized by low preg-robbing carbon, allowing for more flexible and cost-effective processing [3][5] Exploration and Development Plans - Barrick plans to increase its drilling fleet from 16 to over 20 rigs, with approximately 120 kilometers of directional surface drilling planned for 2026 [7] - The company is also advancing the permitting for the Bullion Hill exploration decline, with construction expected to commence in 2026 [8][9] Strategic Positioning - Fourmile is positioned within the Carlin-Cortez complexes, providing a unique value proposition with potential for world-class annual cash flows at low capital intensity [3][10] - The project is anticipated to reset the industry cost curve due to its combination of grade, scale, and cash flow potential [2][10]

World class mines. World class people. Investor Presentation Presented in August 2024 NYSE: GOLD TSX: ABX Cautionary Statement on Forward-Looking Information… 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 historical fact, are forward-looking statements. The words "expect", "strategy", ...