Mali Delivering value through strong local partnerships - Media briefing October 2021

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Mali Delivering value through strong local partnerships - Media briefing October 2021
Mali

Delivering value through
strong local partnerships

Media briefing…October 2021          1
Mali Delivering value through strong local partnerships - Media briefing October 2021
Cautionary Statement
on Forward Looking Information…
                 Certain information contained or incorporated by reference in this presentation, including any information as to Barrick’s 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 “on track”, “guidance”, “continued”, “focus”, “aim”, “preventative”, “plan”,
                 “development”, “opportunity”, “trialed”, “potential”, ”upside”, “promising”, “test”, “target”, “further”, “extend”, “underway”, “goals” and “objectives” and similar expressions identify forward-looking
                 statements. In particular, this presentation contains forward-looking statements including, without limitation, with respect to: Barrick’s forward-looking production guidance; Loulo-Gounkoto’s current
                 projects, including potential extensions to the life of mine, and the expected benefits of those projects; ongoing exploration work and potential mineralization, including at the Bambadji joint venture;
                 mineral reserve and mineral resource replacement at the Loulo-Gounkoto complex; the ramp-up of production from the new Gounkoto underground mine; ongoing studies at Loulo-Gounkoto; expected
                 operational improvements due to improved monitoring and analysis; engagement with the Malian government with respect to artisanal and illegal mining; Barrick’s partnership with the Malian government
                 and Barrick’s strategy, plans, targets and goals in respect of environmental and social governance issues, including future investments in community projects and Covid-19 vaccine initiatives and disease
                 prevention programs; and expectations regarding future price assumptions, financial performance and other outlook or guidance.

                 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 Barrick as at the date of this presentation 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: fluctuations in the spot and forward price of gold, copper or certain
                 other commodities (such as silver, diesel fuel, natural gas and electricity); risks associated with projects in the early stages of evaluation and for which additional engineering and other analysis is
                 required; risks related to the possibility that future exploration results will not be consistent with Barrick’s expectations, that quantities or grades of reserves will be diminished, and that resources may not
                 be converted to reserves; risks associated with the fact that certain of the initiatives described in this presentation are still in the early stages and may not materialize; changes in mineral production
                 performance, exploitation and exploration successes; risks that exploration data may be incomplete and considerable additional work may be required to complete further evaluation, including but not
                 limited to drilling, engineering and socioeconomic studies and investment; the speculative nature of mineral exploration and development; lack of certainty with respect to foreign legal systems, corruption
                 and other factors that are inconsistent with the rule of law; risk of loss due to acts of war, terrorism, sabotage and civil disturbances; risks associated with artisanal and illegal mining; 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 Mali or other countries in which Barrick does or may carry on business in the future; risks relating to political instability in certain of the jurisdictions in which Barrick operates; timing of
                 receipt of, or failure to comply with, necessary permits and approvals; non-renewal of key licenses by governmental authorities; failure to comply with environmental and health and safety laws and
                 regulations; contests over title to properties, particularly title to undeveloped properties, or over access to water, power and other required infrastructure; the liability associated with risks and hazards in
                 the mining industry, and the ability to maintain insurance to cover such losses; increased costs and physical risks, including extreme weather events and resource shortages, related to climate change;
                 damage to Barrick’s reputation due to the actual or perceived occurrence of any number of events, including negative publicity with respect to Barrick’s handling of environmental matters or dealings with
                 community groups, whether true or not; risks related to operations near communities that may regard Barrick’s operations as being detrimental to them; litigation and legal and administrative
                 proceedings; operating or technical difficulties in connection with mining or development activities, including geotechnical challenges, tailings dam and storage facilities failures, and disruptions in the
                 maintenance or provision of required infrastructure and information technology systems; increased costs, delays, suspensions and technical challenges associated with the construction of capital
                 projects; risks associated with working with partners in jointly controlled assets; risks related to disruption of supply routes which may cause delays in construction and mining activities; risks associated
                 with Barrick’s infrastructure, information technology systems and the implementation of Barrick’s technological initiatives; risks related to competition in the mining industry; employee relations including
                 loss of key employees; availability and increased costs associated with mining inputs and labor; and risks associated with diseases, epidemics and pandemics, including the effects and potential effects
                 of the global Covid-19 pandemic. Barrick also cautions that its guidance in this presentation may be impacted by the unprecedented business and social disruption caused by the spread of Covid-19. 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 behalf of, us. Readers are cautioned that forward-looking statements are not guarantees of future performance. All of the forward-looking statements made in this presentation 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 presentation.

                 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.
Mali Delivering value through strong local partnerships - Media briefing October 2021
Our Global Business…

In April 2020, Porgera was placed on care and maintenance. Porgera’s ownership is subject to change pursuant to the framework agreement signed with the government of Papua New Guinea on April 9, 2021
Mali Delivering value through strong local partnerships - Media briefing October 2021
Delivering on Q3 business plan…
              No LTIsi or major environmental incident recorded during Q3
              Loulo-Gounkoto on track to deliver on production guidance and replace annual depletion
              with reserve growth for the year extending mine life further
              Successful Covid-19 vaccination campaign continues with more than 38% of employees
              vaccinated and a total of 335 people vaccinated in the surrounding communities
              Human rights assessment and training completed during Q3
              Gounkoto - successfully ramping up ore extraction at third underground mine
              Focus on local talent development continues - individuals from Kenieba trained and
              employed to operate key equipment at new Gounkoto underground mine
              Embarked in the International Cyanide Management Institute (ICMI) certification in line
              with world class mining standards
              Continued investment in host communities included building water reticulation system at
              Sakola village
              Graduation ceremony held for first cohort of local business accelerator program
              graduates - next rollout in progress
              Annual sustainability report workshop held at Kenieba to strengthen stakeholder
              engagement in communities
              Continued investment in-country with year-to-date contributions of $318 million to the
              Malian economy in the form of dividends, royalties and taxes
              Brownfields exploration returns promising results at Yalea Ridge and Faraba targets

i   Loss time injury frequency rate (LTIFR) is a ratio calculated as follows: number of loss time injuries (LTI) x 1,000,000 hours divided by the total number of hours worked
Mali Delivering value through strong local partnerships - Media briefing October 2021
Safety, health and environment…
                                                                                                Year on Year LTIFR/Million Hours Worked
        Safety                                                                    1.40
          No LTIs recorded in Q3 2021                                             1.20
          Mines remain ISO 45001:2018 Safety Management System                    1.00
          certified                                                               0.80
          Proactive management of health and safety risks under the               0.60
          guidance of strong safety leadership to decrease injury rates at all    0.40
          mine sites                                                              0.20
        Environment                                                               0.00
                                                                                           2012 2013 2014 2015 2016 2017 2018 2019 2020 Up to
          No major environmental incident recorded during Q3 2021                                                                       Q3-21
          ISO 14001:2015 certification maintained
          Continual improvement in freshwater intensity                                            Water Intensity per Tonne Ore Milled
          7,675 MWh of energy injected into the grid from the solar power                0.70
                                                                                         0.60
          plant - 1.77 million litres of heavy fuel oil and 5,221t of CO2 saved
                                                                                         0.50
          during Q3 2021                                                                 0.40

                                                                                  m3/t
          AEDDi interested in inserting power from Loulo solar farm into                 0.30
          Mali grid as part of national CO2 reduction strategy                           0.20
                                                                                         0.10
          102ha rehabilitated this year with more than 18,000 trees planted                -
                                                                                                                                                      Q1- Q2- Q3-
          FINA Park Reserve conservation program continues                                      2012 2013 2014 2015 2016 2017 2018 2019 2020
                                                                                                                                                     2021 2021 2021
                                                                                         Series1 0.6   0.4   0.3   0.3   0.3   0.3   0.1   0.2   0.2 0.2 0.22 0.19

i   Agence de l'Environnement et du Développement Durable
Mali Delivering value through strong local partnerships - Media briefing October 2021
Safety, health and environment…
       HIV                                                                                        HIV Positivity Rate (%)
         Collaboration with local NGOs working in surrounding villages to      2.0
         empower people with HIV education and preventative program
                                                                               1.5
         Preventative action includes mass sensitization and distribution of
         condoms and flyers                                                    1.0
         Loulo and Gounkoto deliver in house VCTi services with onsite
                                                                               0.5
         treatment and monitoring of HIV positive cases
                                                                               0.0
       Malaria                                                                       2012 2013 2014 2015 2016 2017 2018 2019 2020 Up to
                                                                                                                                  Q3-21
         Malaria elimination plan being implemented shows decrease in
         incidence rate year on year at mine sites                                              Malaria Incidence Rate (%)
         Malaria entomological study completed - recommendations               70
         implemented for continual improvement                                 60
                                                                               50
       Covid-19                                                                40
                                                                               30
         Control measures reinforced on site with Covid-19 resurgence
                                                                               20
         Mass testing and tracing of Covid-19 cases with early case
                                                                               10
         management strategy
                                                                                0
         Provided vaccines for workers and local community in collaboration          2012 2013 2014 2015 2016 2017 2018 2019 2020 Up to
         with Kenieba district                                                                                                    Q3-21
i   Voluntary Counselling and Testing
Mali Delivering value through strong local partnerships - Media briefing October 2021
Gounkoto open pit…
                                                                                                                                                                             Ore Tonnes Mined Q3 2021i
                                                                                                                                                                    140
             Optimised dumping strategy to save on truck hours --                                                                                                   120
             haulage distance, truck requirements and mining cost                                                                                                   100

                                                                                                                                                         Thousand
             reduction                                                                                                                                               80
                                                                                                                                                                     60
             Blast Logic program fully implemented for enhanced drill                                                                                                40
             and blast QA/QC and floor control                                                                                                                       20

                                                                                                                                                                                                         102

                                                                                                                                                                                                                                    133
                                                                                                                                                                                 77
             Successfully implemented standard cone with usage                                                                                                        -
                                                                                                                                                                                 July                 August               September
             diagram for barricading mining operational areas.
             Sandvik Pantera DP1600i top hammer machine being                                                                                                             Waste Tonnes Mined Q3 2021i
             trialled to compare with current DTH machines in terms of
             productivity, bit and rod life                                                                                                             September                                                          3,612
             Reviewed carrying capacity of CAT 777s and together with
             Caterpillar, are making adjustments to enable trucks to                                                                                                August                                         2,916
             carry the rated payload
                                                                                                                                                                      July                                              3,020

                                                                                                                                                                      -450                         2,550                                  5,550
                                                                                                                                                                                                             Thousand
i   On a 100% basis
Refer to the Technical Report on the Loulo-Gounkoto Gold Mine Complex, Mali dated September 18, 2018 with an effective date of December 31, 2017, and filed on SEDAR at www.sedar.com and EDGAR at www.sec.gov on January 2, 2019
Mali Delivering value through strong local partnerships - Media briefing October 2021
Loulo UG development and mining…
                                                                                                                                                                                               UG Ore Tonnes Q3 2021i
                                                                                                                                                                     800
           Ore tonnes achieved during Q3 2021 – 670kt                                                                                                                700

               Overall mining compliance maintained above 83%                                                                                                        600
                                                                                                                                                                     500                     564                                                    549
                                                                                                                                                                                                                             529
                                                                                                                                                                     400
           Lateral development achieved during Q3 2021 - 3.3km                                                                                                       300

               Training of national jumbo operators ongoing to                                                                                                       200
                                                                                                                                                                     100
               ensure replacement of expatriates in coming years
                                                                                                                                                                        -
               Monitoring of Yalea through live data from Newtrax                                                                                                                         Q1-21                            Q2-21               Q3-21
               to improve operational efficiencies                                                                                                                                         Stopes Tonnes                    Development Tonnes

               Equipment performance
                                                                                                                                                                                                      Development Metresi
               Sandvik new monitoring system software
                                                                                                                                                                      Q3-21                                            3,338
               integration to increase efficiency and performances
                                                                                                                                                                      Q2-21                                             3,424

                                                                                                                                                                      Q1-21                                             3,403

                                                                                                                                                                              1,000             1,500            2,000              2,500   3,000         3,500
i   On a 100% basis
Refer to the Technical Report on the Loulo-Gounkoto Gold Mine Complex, Mali dated September 18, 2018 with an effective date of December 31, 2017, and filed on SEDAR at www.sedar.com and EDGAR at www.sec.gov on January 2, 2019
Mali Delivering value through strong local partnerships - Media briefing October 2021
New Gounkoto UG…development and mining
            27.6kt ore mined in Q3 2021
            1km lateral development achieved in Q3 2021                                                                                                                                           UG Ore Tonnes Q3 2021i
                                                                                                                                                                           30
                                                                                                                                                                           25                                                                    28
                                                                                                                                                                           20
                                                                                                                                                                           15
                                                                                                                                                                           10
                                                                                                                                                                                                                                12
                                                                                                                                                                             5
                                                                                                                                                                           -
                                                                                                                                                                                              Q1-21                          Q2-21              Q3-21
                                                                                                                                                                                              Stopes Tonnes                    Development Tonnes

                                                                                                                                                                                                        Development Metresi

                                                                                                                                                                          Q3-21                                           1,039

                                                                                                                                                                          Q2-21                                           992

                                                                                                                                                                          Q1-21                                     827

                                                                                                                                                                                    -             200             400               600   800    1,000
i   On a 100% basis
Refer to the Technical Report on the Loulo-Gounkoto Gold Mine Complex, Mali dated September 18, 2018 with an effective date of December 31, 2017, and filed on SEDAR at www.sedar.com and EDGAR at www.sec.gov on January 2, 2019
Mali Delivering value through strong local partnerships - Media briefing October 2021
Solar power plant at Loulo-Gounkoto
provides significant CO2 emission savings…
    Since commissioning in August 2020 the Loulo solar power plant has saved
    almost 30,000 tonnes of CO2 emissions
    Solar power produced - MWh                        Cumulative CO2 emissions saved - tonnes
     5 000                                                                            35 000
     4 500
                                                                                      30 000
     4 000
     3 500                                                                            25 000

     3 000
                                                                                      20 000
     2 500
                                                                                      15 000
     2 000
     1 500                                                                            10 000
     1 000
                                                                                      5 000
      500
        -                                                                             -
Loulo District…
  potential emerging new discoveries                                                                                                            V
                                                                                                                                                               Loulo
Bambadji JV                                                                                                                                     N              Permit
     Multiple priority targets advanced during Q2 in                                                                                                                Loulo 1
     various settings
                                                                                                                                                      Gara          Loulo 4       Loulo Permit
Kabewest
     Further drilling continued to reinforce a robust                                                                     Auger anomaly                    Yalea    Yalea Ridge     Yalea Ridge potential emerging
     mineralized and showing significant upside                                                                              > 95th% (74ppb)                                        discovery
     towards the south
                                                                                          Kabewest                           > 98th% (140ppb)                                       Current strike length of 700m
     Auger drilling and rock sampling delineating
     strong new opportunities north of Kabewest                                                                           Geology                                                   3D IP / Resistivity survey over
                                                                                                                                                                                    Loulo 4 / Yalea Ridge highlights
                                                                                                                               Albitite                                             blind targets
Soyai                                                                                                                          Faleme           Gounkoto             Faraba
     Follow up drilling extended the mineralized
                                                                                                       Soya                    Batholith                              Main
     system to +400m, while further drilling is                                                                Gounkoto        Felsic
                                                                                                                                                                                  Gounkoto Permit
     testing down dip extension                                                                                                Intrusion            Mina           Gounkoto
                                                                                                                                                                     DB1
                                                                                                                                                                    Permit          Geological framework evolving.
                                                                                                                Faraba         Sediment
                                                                                                                                                                                    Three significant structures
Bandiasse/Baqata Corridori                                                                                                     Volcanics                                            demonstrate extensive gold
                                                                                                                                         Bambadji                                   anomalism over multiple
     New targets emerged within the Kofi sediments                                         Bandiasse                                                                  Bena
     with encouraging drill intercepts from Baqata                                                                            Q2 Targets  Permit                                    kilometres
                                                                                            – Baqata                                                                  Permit
     W: 11m @ 1.73g/t; 10m @ 2.20g/t incl. 2m @                                                                               Mines
                                                                                            Corridor                                                                                Potential for a new orebody
     9g/t
                                                                                                                                                                                    considered high
                                                                                                                                                                                    Drilling at DB1 highlights HW and
Gefai                                                                                                                                                                               FW Zone potential.
                                                                                                     Gefa           5km
     Infill drilling over the +5km corridor delivered
                                                                                                    Corridor
     strong results with 31m @ 2.79g/t from 14m                                                                                                 Senegal                  Mali
     incl. 9m @ 4.63g/t and 7m @ 3.82g/t                                                                                                                                5km

i Refer   to Appendix A for additional details including assay results for significant intercepts
Yalea Ridge…
 potential emerging new discovery
                                                    Yalea Ridge Looking West
                  N
      V

                                                Yalea Ridge Main                                                     Yalea Ridge North
Yalea Ridge South

          0RL

                                                                                            Latest drill resultsi:
                                                                                             2.33 m @ 52.95g/t Au
                                                                                             8.70 m @ 13.94g/t Au
                                                                                             13.95 m @ 7.44g/t Au
                                                                                             3.90 m @ 18.79g/t Au
                                                        150m                                 Additional results pending

          Sub-parallel to Yalea Structure that hosts Loulo 3 deposit
          3 targets along ~2km strike length with ore grade intercepts extending over 700m strike at Yalea Main Zone
          Phase 1 drilling confirms concept of high-grade ~east-west trending fracture zones
          Multiple types of veins and fracture zones with gold associated with both sulphide and hematite veins
          Phase 2 underway with aim of outlining resource potential
i Refer   to Appendix B for additional details including assay results for significant intercepts
Loulo-Gounkoto…development of local skills
     Total Employees:                    5,621
     Nationals:                          5,346 (95%) – Community: 1,214
     Expats:                             275 (5%)
                                                                          Contractors
                                          Mine                              Expats
                                         Expats                            144 (3%)
                                        131 (2%)                                   Mine
                                                                           Nationals Permanent
                                                                                1,852 (33%)

                                     Contractors                               Temporary
                                      Nationals                                 Nationals
                                     3,081 (55%)                                413 (7%)

Totals may not add due to rounding
Barrick contribution to Mali economy…
           Barrick/Randgold operations have contributed approximately US$ 8.0 billion to the Malian economy
           in the form of taxes, royalties, salaries and payments to local suppliers in the last 24 years

                                                      Gounkoto                        Loulo
                                                      US$ 1.3 Bn                    US$ 4.4 Bn

                                                       Morilai
                                                      US$ 2.3 Bn

i   Morila was divested by Barrick in November 2020
Dividends, Taxes and Royalties paid to Mali…
    Barrick/Randgold operated mines have paid approximately US$ 4.3 billion in the form of
                 Dividends, Taxes and Royalties to the State over 24 years

         Dividends to
            Barrick
        US$ 1.2 billion                                        Dividends, taxes and
                                                               royalties to the State
                                                                  US$ 3.1 billion
Local Business Accelerator…Graduation
  12 companies selected                        9 companies graduated (PROSLABS, MANDE SARL, GIE
  Program over 13 months                       AMIS DE LA NATURE, MA-SUD, ARC EN TERRE, ETEF,
  Criteria established for the second cohort   3R, METALLICA, ATMAS)
                                                   181 direct jobs created
                                                   85.25 million CFA budgeted for employee training
                                                   8 companies have created new lines of businesses
                                                   8 companies acquired new clients
                                                   75% have increased their revenues
                                                   100% collaboration
                                                   New market worth of 200 million CFA among cohort companies

                                                            IMPACT ON NATIONAL ECONOMY
                                                250%
                                                200%
                                                150%
                                                100%
                                                 50%
                                                  0%

                                                                      INCREASE INCOME %
                                                                      INCREASE TAX %
CSR…governance and stakeholder engagement
>$13m invested; $50m patente tax paidi
                                                Potable water
                                                   61 boreholes and 8 water supply systems constructed
                                                   Regular water quality analysis
                                                   Village water management committees training and assistance

                                                Health
                                                   5 health centres built in the communities
                                                   Fighting malaria and Covid-19 in local communities
                                                   Program implemented for the fight against HIV - increase testing of volunteers

                                                Food Security
                                                   48 agribusiness graduate entrepreneurs keep producing and selling
                                                   5 dams built
                                                   Support to local farmers with seeds and fertilizer
                                                   14 tractors supplied to community

                                                Education
                                                   78 local students benefiting from the excellence bursary program
                                                   20 schools built
                                                   School enrolment: >5,000 students compared to 500 before the mine opened
                                                   85 million CFA to improve education with World Education International (WEI)
                                                   « One Village - One School » target reached around our operation

                                                Economic development
                                                   7 women multifunctional centres built
                                                   Community roads maintenance
                                                   $951,720 of credit granted by Nyesigiso
                                                   Kounda Motel building completed
                                                   Community radio built for better information
i Patente   paid with respect to regional tax
CSR…Community projects completed in Q3 2021

   2 water supply systems rehabilitated at Torondinloto and Faraba
   Covid-19 prevention awareness and vaccination in community
   113 tonnes of agricultural inputs donated to community
   Seguelany graveyard fencing completed
   Kounda Motel building complete and equipped – ready to welcome visitors
   Economic development projects identified at Kenieba and validated during a workshop
   Workshop held at Kenieba with stakeholders to discuss development projects
Illegal mining update…

                         Illegal mining continues to
                         adversely impact the
                         environment and our
                         operations
                         Faleme river bed silting
                         Engagement continues
                         with local and national
                         authorities
Appendix A – Bambadji Significant
Intercept Tablei

                                           Bambadji Significant Q2 Drill Interceptsi
                                                                                                                    Includingiv                    i. All intercepts calculated using a 0.5 g/t Au cutoff and are uncapped; minimum
                      ii                                                    iii                                                   iii              intercept width is 2m; internal dilution is equal to or less than 2m total width
  Target         ID        Azimuth   Dip      From      To      Width (m)         Au (g/t) Interval (m) Interval (m) Width (m)          Au (g/t)
                                                                                                                                                   ii. Drill hole nomenclature: KBW (Kabewest), GF (Gefa), SY (Soya) and BQW
  Kabewest     KBWRC046      110     -50      143.00   147.00      4.00             0.65     143-147
                                                                                                                                                   (Baqata West) followed by type of drilling RC (Reverse Circulation) and DH
  Kabewest     KBWRC051      110     -50      113.00   118.00      5.00             0.60     113-118                                               (Diamond Drilling)
  Kabewest     KBWRC052      110     -50      12.00    29.00       17.00            0.55      12-29        12-15         3.00             2.16
    Soya       SYRC004       330     -50      119.00                                0.88                                                           iii. True widths uncertain at this stage
                                                       128.00      9.00                      119-128
    Soya       SYRC005       330     -50      82.00    87.00       5.00             1.16      82-87                                                iv. Includings calculated using a 10.0 g/t Au cutoff and are uncapped; minimum
    Soya       SYRC005       330     -50      113.00   128.00      15.00            1.43     113-128      123-124        1.00            14.00     intercept width is 2m; internal dilution is equal to or less than 2m total width
    Soya       SYRC006       330     -50      47.00    92.00       45.00            0.55      47-92        81-87         6.00             1.31
    Soya       SYRC008       330     -50      94.00    117.00      23.00            1.16      94-117      103-111        8.00             2.03
    Soya       SYRC009       330     -50      83.00    89.00       6.00             4.27      83-89                                                The drilling results for the Bambadji property contained in this presentation have
    Soya       SYRC009       330     -50      102.00   118.00      16.00            1.27     102-118      102-106        4.00             2.31     been prepared in accordance with National Instrument 43-101 – Standards of
                                                                                                                                                   Disclosure for Mineral Projects. All drill hole assay information has been
    Gefa       GFRC113       90      -50      63.00    71.00       8.00             1.73      63-71        66-70         4.00             3.00     manually reviewed and approved by staff geologists and re-checked by the
    Gefa       GFRC114       90      -50      61.00    65.00       4.00             2.27      61-65                                                project manager. Sample preparation and analyses are conducted by an
    Gefa       GFRC118       90      -50      86.00    93.00       7.00             0.50      86-93                                                independent laboratory, SGS Bamako. Procedures are employed to ensure
                                                                                                                                                   security of samples during their delivery from the drill rig to the laboratory. The
    Gefa                                                                                                   15-24         9.00             4.63     quality assurance procedures, data verification and assay protocols used in
               GFRC119       90      -50      14.00    45.00       31.00            2.79      14-45
    Gefa                                                                                                   37-44         7.00             3.82     connection with drilling and sampling on the Bambadji property conform to
 Baqata West   BQWRC001      90      -50      74.00    78.00       4.00             2.26      74-79                                                industry accepted quality control methods.

 Baqata West   BQWRC001      90      -50      137.00   142.00      5.00             1.45     137-142
 Baqata West   BQWRC002      90      -50      145.00   148.00      3.00             2.19     145-148
 Baqata West   BQWRC003      90      -50      70.00    81.00       11.00            1.73      70-81        71-78         7.00             2.60
 Baqata West   BQWRC003      90      -50      113.00   121.00      8.00             1.08     113-121
 Baqata West   BQWRC005      90      -50      80.00    90.00       10.00            2.20      80-90        84-86         2.00             9.00
Appendix B – Loulo Significant Intercept Tablei
                                   Drill Results from Q1 2021
                              ii
     Lode          Drill Hole Azimuth       Dip      Interval (m)   Width (m)iii Au (g/t)
                                                                                            i. All intercepts calculated using a 0.5 g/t Au cutoff and are uncapped; minimum intercept width is 2m;
   Yalea Ridge      YRDH009        170.00   -51.00       2.82        47.53-50.35    2.21    internal dilution is equal to or less than 2m total width.
   Yalea   Ridge    YRDH009        170.00   -51.00       8.30          62-70.3      3.38
   Yalea   Ridge    YRDH009        170.00   -51.00       5.00         71.3-76.3     0.82    ii. Loulo – Gounkoto drill hole nomenclature: prospect initial YR (Yalea Ridge), MN (Mina) followed by type of
   Yalea   Ridge    YRDH009        170.00   -51.00      12.05        77.35-89.4     2.01    drilling RC (Reverse Circulation) and DH (Diamond Drilling)
   Yalea   Ridge    YRDH009        170.00   -51.00      6.00            91-97       7.69
   Yalea Ridge      YRDH009        170.00   -51.00      13.95       102.6-116.55    7.44
                                                                                            iii. True widths uncertain at this stage

   Yalea Ridge      YRDH009        170.00   -51.00       2.65       118.5-121.15    1.32    The drilling results for Yalea Ridge & Mina contained in this presentation have been prepared in accordance
   Yalea Ridge      YRDH009        170.00   -51.00      10.98       130.5-141.48    2.63    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
   Yalea Ridge      YRDH009        170.00   -51.00      13.80        149.5-163.3    2.24    manager. Sample preparation and analyses are conducted by SGS, an independent laboratory. Industry
   Yalea Ridge      YRDH009        170.00   -51.00       6.30        173.6-179.9    1.27    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
   Yalea Ridge      YRDH009        170.00   -51.00       5.25       181.8-187.05    2.34    laboratory. The quality assurance procedures, data verification and assay protocols used in connection with
   Yalea Ridge      YRDH009        170.00   -51.00       4.20        188.9-193.1    1.06    drilling and sampling on the Loulo property conform to industry accepted quality control methods.
   Yalea Ridge      YRDH010        172.00   -55.00       2.60          16.4-19      1.40
   Yalea Ridge      YRDH010        172.00   -55.00       6.80        146.6-153.4    1.62
   Yalea Ridge      YRDH010        172.00   -55.00       2.33       155.27-157.6    52.95
   Yalea Ridge      YRDH010        172.00   -55.00       2.65        161-163.65     1.36
   Yalea Ridge      YRDH010        172.00   -55.00       3.28       167.7-170.98    0.83
   Yalea Ridge      YRDH010        172.00   -55.00       8.70        173.5-182.2    13.94
   Yalea Ridge      YRDH010        172.00   -55.00       3.90        185.4-189.3    18.79
   Yalea Ridge      YRDH010        172.00   -55.00       5.85       193.05-198.9    6.34
   Yalea Ridge      YRDH010        172.00   -55.00       2.00        201.5-203.5    1.51
   Yalea Ridge      YRDH010        172.00   -55.00       2.90        205.7-208.6    0.88
   Yalea Ridge      YRDH010        172.00   -55.00       2.07       210.63-212.7    0.90
   Yalea Ridge      YRDH010        172.00   -55.00       2.20        219.1-221.3    1.73
   Yalea Ridge      YRDH010        172.00   -55.00       4.90       224.35-229.25   3.08
   Yalea Ridge      YRDH010        172.00   -55.00       2.45        242.55-245     1.46
   Yalea Ridge      YRDH010        172.00   -55.00       4.05       261.55-265.6    1.50
Technical Information
 The scientific and technical information contained in this presentation has been reviewed and approved by Simon Bottoms, CGeol, MGeol, FGS, FAusIMM, Mineral Resources Manager, Africa and
 Middle East; Rodney Quick, MSc, Pr. Sci.Nat, Mineral Resource Management and Evaluation Executive; and Rob Krcmarov, FAusIMM, Executive Vice President, Exploration and Growth - each a
 “Qualified Person” as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects.
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