Donlin Gold LLC (“Donlin Gold”), owned 50/50 by Barrick Gold Corporation (“Barrick”) (TSX: ABX) (NYSE: GOLD) and NOVAGOLD RESOURCES INC. (“NOVAGOLD”) (TSX, NYSE American: NG), is pleased to announce the third set of assay results from the successful 2020 85-hole, 23,400-meter drill program.
  • Assay results for 67 holes have been received to date (representing approximately 16,680 meters or 71% of the length drilled), of which 25 holes (representing 30% of the length drilled) were announced on August 6 and October 26, 2020:
    • Assay results continue to demonstrate higher drilled grade-thickness than predicted by previous modelling
    • Data collected has 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
  • Ongoing 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 modeling concepts.

Results to date, in both the ACMA and Lewis deposit areas, continue to exceed modeled 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 are 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 October 26, 2020 media release include: 
    • DC20-1937 intersected 103.88 m grading 6.1 g/t gold, starting at 390.19 m drilled depth, including a sub interval 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 sub interval 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 sub interval 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 sub interval of 5.60 m grading 12.5 g/t gold, starting at 182.40 m drilled depth; and
    • DC20-1895 intersected 23.80 m grading 6.5 g/t gold, starting at 218.28 m drilled depth, including a sub interval of 7.12 m grading 12.7 g/t gold, starting at 220.28 m drilled depth.
  • Drill hole collar locations and five of the top intervals since October 26, 2020 are shown in Figure 1
  • Drill hole orientations and depths and significant intervals are shown in Tables 1 and 2, respectively, in the Appendix at the end of this release

Statements by the Owners

With more than 70% 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 de-risk 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 CEO of Barrick. “Well done to the Donlin team for delivering a safe and Covid-free year,” Bristow added.

Greg Lang, NOVAGOLD’s President and CEO, 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 modeling 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 Corporation (“Calista”) and The Kuskokwim Corporation (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 & Community Engagement Update

In 2020, 80% 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 & safety standards of water and sewer services in Middle Kuskokwim area communities.
  • Training & 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 & 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 ongoing 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 our 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, our 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 our commitment to the sustainable and responsible development of the Donlin Gold project for the benefit of all stakeholders.

About Donlin Gold

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 U.S. With approximately 39 million ounces of gold grading 2.24 grams per tonne in the measured and indicated resource categories (100 percent 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 kilometers of an eight-kilometer mineralized belt, which itself is located on less than 5% of Donlin Gold’s land position. Current activities at Donlin Gold are focused on the drill program, optimization efforts, and community outreach.

FIGURE 1 Drill Hole Collar Locations

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/29faa507-44a1-4ead-bf57-0d534d493951

Depicted grid system is based on NAD83 UTM zone 4N coordinates.

The owners provided previous updates on assay results in the August 6, 2020 media release “Donlin Gold Project Provides Update on Recent Drilling and Ongoing Community Support in Alaska Amid Covid-19 Pandemic” and the October 26, 2020 media release “Donlin Gold 2020 Q3 Update: Drilling Continues to Yield High Grade Intercepts and Improve Geological Modeling”. These previously disclosed results are referenced in Table 2 and marked with their disclosure date. 

QA/QC 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% 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-meter lengths, with a minimum length of 0.3 meters and maximum length of approximately 3.5 meters. Sampled half-core was crushed and pulverized in ALS Limited’s Fairbanks, Alaska; Whitehorse, Yukon; or Vancouver, British Columbia sample preparation facilities. Pulp samples were sent to the ALS labs in Vancouver, British Columbia; Lima, Peru; or Reno, Nevada for gold assays and to labs in Vancouver, British Columbia or Lima, Peru for multi-element 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% 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 Limited, Boart Longyear, DGI Geoscience Inc., Rowland Engineering Consultants, and Brice Engineering LLC are 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 November 18, 2011, as amended January 20, 2012 (the “Second Updated Feasibility Study”). Kirk Hanson, P.E., 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, P.E., who is the Mine Engineering Manager for NOVAGOLD and a “qualified person” under NI 43101, 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 43101 has reviewed and approved the assay results for the Donlin Gold project contained in this media release.

Barrick Contacts:Kathy du PlessisInvestor and Media Relations+44 20 7557 7738Email: barrick@dpapr.com

Catherine RawCOO, North AmericaTel: +1 416-307-5157www.barrick.com

NOVAGOLD Contacts:

Mélanie HennesseyVice President, Corporate CommunicationsJason MercierManager, Investor Relations

Tel: +1 604-669-6227 or 1-866-669-6227www.novagold.com

Cautionary Note Regarding Forward-Looking Statements

This media release includes certain “forward-looking information” and “forward-looking statements” (collectively “forward-looking statements”) within the meaning of applicable securities legislation, including the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are frequently, but not always, identified by words such as “expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”, “possible”, and similar expressions, or statements that events, conditions, or results “will”, “may”, “could”, “would” or “should” occur or be achieved. Forward-looking statements are necessarily based on several opinions, estimates and assumptions that management of Barrick and NOVAGOLD considered appropriate and reasonable as of the date such statements are made, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, activity, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, included herein are forward-looking statements. These forward-looking statements include statements regarding anticipated benefits from the 2020 drill program including an improved geological model for Donlin Gold; ongoing support provided to key stakeholders including Native Corporation partners; the potential impact of the Covid-19 pandemic on the development of Donlin Gold; the potential development and construction of Donlin Gold; the sufficiency of funds to continue to advance development of Donlin Gold; the timing of the remaining assay results; perceived merit of properties; mineral reserve and resource estimates; and future share price performance of Barrick and NOVAGOLD. In addition, any statements that refer to expectations, intentions, projections or other characterizations of future events or circumstances are forward-looking statements. Forward-looking statements are not historical facts but instead represent Barrick’s and NOVAGOLD’s management expectations, estimates and projections regarding future events or circumstances on the date the statements are made.

Important factors that could cause actual results to differ materially from expectations include the need to obtain additional permits and governmental approvals; the timing and likelihood of permits including the right-of-way lease offer for the project’s buried natural gas pipeline; the need for additional financing to explore and develop properties and availability of financing in the debt and capital markets; the outbreak of the coronavirus global pandemic (Covid-19); uncertainties involved in the interpretation of drill results and geological tests and the estimation of reserves and resources; changes in mineral production performance, exploitation and exploration successes; 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 the United States or Canada; the need for continued cooperation between Barrick and NOVAGOLD for the continued exploration, and development and eventual construction of the Donlin Gold property; the need for cooperation of government agencies and native groups in the development and operation of properties; risks of construction and mining projects such as accidents, equipment breakdowns, bad weather, disease pandemics, non-compliance with environmental and permit requirements, unanticipated variation in geological structures, ore grades or recovery rates; unexpected cost increases, which could include significant increases in estimated capital and operating costs; fluctuations in metal prices and currency exchange rates; whether a positive construction decision will be made regarding Donlin Gold; and other risks and uncertainties disclosed in Barrick’s most recent Form 40-F/Annual Information Form on file with the SEC and Canadian provincial securities regulatory authorities and NOVAGOLD’s most recent reports on Forms 10-K and 10-Q, particularly the "Risk Factors" sections of those reports and other documents filed by Barrick and NOVAGOLD with applicable securities regulatory authorities from time to time. Copies of these filings may be obtained by visiting Barrick’s and NOVAGOLD’s Investor Relations website at www.barrick.com and www.novagold.com, respectively, or the SEC's website at www.sec.gov or at www.sedar.com. The forward-looking statements contained herein reflect the beliefs, opinions and projections of Barrick and NOVAGOLD on the date the statements are made. Barrick and NOVAGOLD assume no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

Cautionary Note to United States Investors

NOVAGOLD cautions that this media release has been prepared in accordance with the requirements of the securities laws in effect in Canada, which differ from the requirements of U.S. securities laws. Unless otherwise indicated, all resource and reserve estimates included in this media release have been prepared in accordance with Canadian National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) and the Canadian Institute of Mining, Metallurgy and Petroleum (CIM)—CIM Definition Standards on Mineral Resources and Mineral Reserves, adopted by the CIM Council, as amended (“CIM Definition Standards”). NI 43-101 is a rule developed by the Canadian Securities Administrators which establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. Canadian standards, including NI 43-101, differ significantly from the requirements of the United States Securities and Exchange Commission (SEC) Industry Guide 7 (“SEC Industry Guide 7”), and resource and reserve information contained herein may not be comparable to similar information disclosed by U.S. companies. NOVAGOLD’s disclosure concerning Reserve & Resources Estimates remains consistent with NI 43-101. Under SEC Industry Guide 7, mineralization may not be classified as a "reserve” unless the determination has been made that the mineralization could be economically and legally produced or extracted at the time the reserve determination is made. SEC Industry Guide 7 normally does not permit the inclusion of information concerning "measured mineral resources”, "indicated mineral resources” or "inferred mineral resources” or other descriptions of the amount of mineralization in mineral deposits that do not constitute "reserves” under SEC Industry Guide 7 in documents filed with the SEC. Investors should also understand that "inferred mineral resources” have a great amount of uncertainty as to their existence and great uncertainty as to their economic and legal feasibility. Under Canadian rules, estimated "inferred mineral resources” may not form the basis of feasibility or pre-feasibility studies except in rare cases. Disclosure of "contained ounces” in a resource is permitted disclosure under Canadian regulations; however, the SEC normally only permits issuers to report mineralization that does not constitute "reserves” under SEC Industry Guide 7 as in-place tonnage and grade without reference to unit measures. The requirements of NI 43-101 for identification of "reserves” are also not the same as those of SEC Industry Guide 7, and reserves reported by NOVAGOLD in compliance with NI 43-101 may not qualify as "reserves” under SEC Industry Guide 7. Donlin Gold does not have known reserves, as defined under SEC Industry Guide 7. Accordingly, information concerning mineral deposits set forth herein may not be comparable with information made public by companies that report in accordance with SEC Industry Guide 7.

On October 31, 2018, the SEC adopted a final rule (“New Final Rule”) that will replace SEC Industry Guide 7 with new disclosure requirements that are more closely aligned with current industry and global regulatory practices and standards, including NI 43-101. Companies must comply with the New Final Rule for the Company’s first fiscal year beginning on or after January 1, 2021, which for NOVAGOLD would be the fiscal year beginning December 1, 2021. The New Final Rule provides that SEC Industry Guide 7 will remain effective until all registrants are required to comply with the New Final Rule, at which time SEC Industry Guide 7 will be rescinded. While early voluntary compliance with the New Final Rule is permitted, NOVAGOLD has not elected to comply with the New Final Rule at this time.

APPENDIX

TABLE 1Drill Hole Orientations* and Depths

Hole Azimuth (°) Inclination (°) Depth (m)
DC20-1865 237 79 227.0
DC20-1866 45 67 302.7
DC20-1867 28 73 217.5
DC20-1868 358 67 247.2
DC20-1869 330 72 175.9
DC20-1870 307 71 249.9
DC20-1871 303 63 458.4
DC20-1872 312 53 632.8
DC20-1873 250 49 274.9
DC20-1874 300 76 253.0
DC20-1875 304 53 218.5
DC20-1876 288 69 235.0
DC20-1877 303 73 249.9
DC20-1878 304 55 459.9
DC20-1879 302 58 231.0
DC20-1880 300 71 249.9
DC20-1881 301 52 256.0
DC20-1882 327 56 524.9
DC20-1883 308 54 266.4
DC20-1884 306 72 251.8
DC20-1885 278 63 296.6
DC20-1886 304 56 255.4
DC20-1887 305 60 255.4
DC20-1888 312 72 266.5
DC20-1889 328 56 406.6
DC20-1890 abandoned before completion, re-drilled as 1891
DC20-1891 331 55 377.3
DC20-1892 184 63 300.2
DC20-1893 312 75 260.9
DC20-1894 230 67 620.6
DC20-1895 329 53 362.1
DC20-1896 abandoned before completion, re-drilled as 1898
DC20-1897 325 59 335.0
DC20-1898 302 77 250.9
DC20-1899 358 63 201.0
DC20-1900 302 71 235.0
DC20-1901 306 65 464.8
DC20-1902 287 61 176.2
DC20-1903 259 64 150.7
DC20-1904 0 69 200.0
DC20-1905 290 58 212.5
DC20-1906 181 77 347.8
DC20-1907 305 63 431.6
DC20-1908 305 60 351.4
DC20-1909 5 75 239.3
DC20-1910 288 51 235.0
DC20-1911 1 78 150.3
DC20-1912 302 65 474.3
DC20-1913 296 63 224.9
DC20-1914 290 66 200.3
DC20-1915 309 67 325.5
DC20-1916 295 69 218.2
DC20-1917 50 65 175.3
DC20-1918 305 67 252.4
DC20-1919 272 57 249.0
DC20-1920 313 49 253.3
DC20-1921 235 54 607.2
DC20-1922 318 68 254.5
DC20-1923 301 69 211.5
DC20-1924 297 63 228.0
DC20-1925 290 54 210.0
DC20-1926 291 70 150.3
DC20-1927 296 68 299.9
DC20-1928 299 65 226.2
DC20-1929 289 58 214.9
DC20-1930 208 64 233.2
DC20-1931 295 65 152.7
DC20-1932 289 56 175.3
DC20-1933 295 59 200.0
DC20-1934 289 54 250.2
DC20-1935 282 69 150.0
DC20-1936 1 68 231.0
DC20-1937 256 68 531.9
DC20-1938 307 67 150.0
DC20-1939 171 79 151.8
DC20-1940 292 62 200.0
DC20-1941 104 85 175.0
DC20-1942 273 60 175.3
DC20-1943 326 78 215.5
DC20-1944 279 61 320.0
DC20-1945 305 77 283.8
DC20-1946 17 52 263.0
DC20-1947 304 76 240.2
DC20-1948 306 59 305.1
DC20-1949 326 56 303.6
DC20-1950 325 59 334.1
DC20-1951 6 73 178.8

* Note that azimuth and inclination values vary as each hole progresses. The stated values are hole averages, rounded to the nearest degree.

TABLE 22020 Donlin Gold Significant Assay Intervals

Hole ID Area From(Meters) To(Meters) Length(Meters) Au Grade (g/t)  
DC20-1865 ACMA 136.75 149.16 12.41 4.91 Reported 8/6
DC20-1865   155.50 174.21 18.71 2.03 Reported 8/6
DC20-1865   200.22 213.57 13.35 2.97 Reported 8/6
DC20-1865   TOTAL   44.47 3.12  
DC20-1866 ACMA 14.00 17.82 3.82 3.48 Reported 8/6
DC20-1866   35.39 81.30 45.91 5.03 Reported 8/6
including   63.35 75.30 11.95 10.44 Reported 8/6
DC20-1866   98.25 103.42 5.17 7.01 Reported 8/6
DC20-1866   108.30 131.66 23.36 4.15 Reported 8/6
DC20-1866   208.44 221.61 13.17 4.69 Reported 8/6
DC20-1866   226.53 256.81 30.28 4.20 Reported 8/6
DC20-1866   266.00 276.76 10.76 4.72 Reported 8/6
DC20-1866   281.33 285.57 4.24 1.83 Reported 8/6
DC20-1866   291.00 296.86 5.86 5.61 Reported 8/6
DC20-1866   TOTAL   142.57 4.61  
DC20-1867 ACMA 23.20 28.04 4.84 7.37 Reported 8/6
DC20-1867   66.14 70.74 4.60 5.90 Reported 8/6
DC20-1867   92.68 104.00 11.32 6.17 Reported 8/6
DC20-1867   TOTAL   20.76 6.39  
DC20-1868 ACMA 115.51 125.74 10.23 4.13 Reported 8/6
DC20-1868   243.48 247.19 3.71 1.92 Reported 8/6
DC20-1868   TOTAL   13.94 3.54  
DC20-1869 ACMA 10.80 16.15 5.35 3.22 Reported 8/6
DC20-1869   33.30 43.30 10.00 2.68 Reported 8/6
DC20-1869   49.30 58.83 9.53 3.86 Reported 8/6
DC20-1869   128.19 137.60 9.41 3.08 Reported 8/6
DC20-1869   TOTAL   34.29 3.20  
DC20-1870 ACMA 156.66 164.60 7.94 4.24 Reported 8/6
DC20-1870   173.10 180.80 7.70 7.53 Reported 8/6
DC20-1870   TOTAL   15.64 5.86  
DC20-1871 ACMA 12.80 20.80 8.00 4.01 Reported 8/6
DC20-1871   30.35 72.26 41.91 11.61 Reported 8/6
including   38.24 42.24 4.00 17.00 Reported 8/6
including   55.78 62.26 6.48 38.77 Reported 8/6
DC20-1871   341.67 347.44 5.77 1.00 Reported 8/6
DC20-1871   425.97 435.71 9.74 1.60 Reported 10/26
DC20-1871   TOTAL   65.42 8.25  
DC20-1872 Lewis 47.30 73.46 26.16 3.40 Reported 10/26
DC20-1872   82.80 86.60 3.80 4.74 Reported 10/26
DC20-1872   163.82 167.70 3.88 4.39 Reported 8/6
DC20-1872   290.62 294.58 3.96 3.17 Reported 8/6
DC20-1872   544.34 555.00 10.66 1.80 Reported 10/26
DC20-1872   603.23 609.23 6.00 2.33 Reported 10/26
DC20-1872   TOTAL   54.46 3.11  
DC20-1873 Lewis 42.90 53.74 10.84 4.36 Reported 8/6
DC20-1873   60.88 68.54 7.66 18.40 Reported 8/6
including   63.16 68.54 5.38 25.26 Reported 8/6
DC20-1873   TOTAL   18.50 10.17  
DC20-1874 ACMA 159.39 169.59 10.20 7.24 Reported 10/26
DC20-1874   174.65 177.97 3.32 3.51 Reported 10/26
DC20-1874   236.83 239.88 3.05 5.52 Reported 10/26
DC20-1874   TOTAL   16.57 6.18  
DC20-1875 Lewis 18.75 22.64 3.89 1.50 Reported 10/26
DC20-1875   43.17 47.09 3.92 1.95 Reported 10/26
DC20-1875   100.06 105.68 5.62 6.09 Reported 10/26
DC20-1875   TOTAL   13.43 3.55  
DC20-1876 ACMA 5.62 18.35 12.73 5.35 Reported 10/26
DC20-1876   TOTAL   12.73 5.35  
DC20-1877 ACMA 123.48 127.65 4.17 80.58 Reported 10/26
including   124.50 127.65 3.15 106.24 Reported 10/26
DC20-1877   TOTAL   4.17 80.58  
DC20-1878 Lewis 27.47 34.05 6.58 2.83 Reported 10/26
DC20-1878   48.86 68.63 19.77 11.34 Reported 10/26
including   54.86 61.86 7.00 25.24 Reported 10/26
DC20-1878   74.63 79.74 5.11 15.79 Reported 10/26
including   74.63 77.74 3.11 21.10 Reported 10/26
DC20-1878   96.92 105.70 8.78 1.23 Reported 10/26
DC20-1878   120.32 124.31 3.99 1.83 Reported 10/26
DC20-1878   132.14 135.94 3.80 1.21 Reported 10/26
DC20-1878   140.90 154.70 13.80 3.10 Reported 10/26
DC20-1878   175.34 186.70 11.36 2.00 Reported 10/26
DC20-1878   198.40 240.70 42.30 2.03 Reported 10/26
DC20-1878   244.75 247.92 3.17 4.27 Reported 10/26
DC20-1878   TOTAL   118.66 4.31  
DC20-1879 Lewis 62.30 68.44 6.14 1.85 Reported 10/26
DC20-1879   118.57 149.20 30.63 2.40 Reported 10/26
DC20-1879   TOTAL   36.77 2.31  
DC20-1880 ACMA 40.70 44.80 4.10 10.67 Reported 10/26
DC20-1880   136.30 139.80 3.50 10.23 Reported 10/26
DC20-1880   TOTAL   7.60 10.47  
DC20-1881 ACMA 50.75 55.25 4.50 3.03 Reported 10/26
DC20-1881   TOTAL   4.50 3.03  
DC20-1882 ACMA 5.00 9.00 4.00 4.52 Reported 10/26
DC20-1882   15.00 21.00 6.00 6.54 Reported 10/26
DC20-1882   27.00 43.00 16.00 2.81 Reported 10/26
DC20-1882   67.00 71.00 4.00 1.51 Reported 10/26
DC20-1882   113.11 121.27 8.16 4.28 Reported 10/26
DC20-1882   160.18 167.55 7.37 2.11 Reported 10/26
DC20-1882   200.80 219.63 18.83 1.75 Reported 10/26
DC20-1882   233.97 245.15 11.18 4.73 Reported 10/26
DC20-1882   251.03 255.03 4.00 3.90 Reported 10/26
DC20-1882   302.03 328.53 26.50 2.24 Reported 10/26
DC20-1882   336.49 349.54 13.05 2.32 Reported 10/26
DC20-1882   392.24 402.03 9.79 2.99 Reported 10/26
DC20-1882   TOTAL   128.88 2.94  
DC20-1883 Lewis 49.38 62.00 12.62 2.19 Reported 10/26
DC20-1883   137.16 157.45 20.29 1.21 Reported 10/26
DC20-1883   172.70 178.97 6.27 2.54 Reported 10/26
DC20-1883   214.50 222.50 8.00 2.58 Reported 10/26
DC20-1883   230.00 234.00 4.00 9.12 Reported 10/26
DC20-1883   258.50 264.50 6.00 15.45 Reported 10/26
DC20-1883   TOTAL   57.18 3.81  
DC20-1884 ACMA 142.50 152.25 9.75 5.07 Reported 10/26
DC20-1884   163.25 167.10 3.85 2.17 Reported 10/26
DC20-1884   TOTAL   13.60 4.25  
DC20-1885 ACMA 268.96 274.75 5.79 12.96 Reported 10/26
including   268.96 272.87 3.91 16.11 Reported 10/26
DC20-1885   TOTAL   5.79 12.96  
DC20-1886 Lewis 43.76 49.67 5.91 2.17 Reported 10/26
DC20-1886   125.88 139.80 13.92 3.47 Reported 10/26
DC20-1886   147.00 151.00 4.00 3.95 Reported 10/26
DC20-1886   158.78 180.90 22.12 4.65 Reported 10/26
including   172.90 176.90 4.00 12.30 Reported 10/26
DC20-1886   196.80 212.20 15.40 3.37 Reported 10/26
DC20-1886   218.20 252.08 33.88 6.52 Reported 10/26
including   224.20 232.14 7.94 11.27 Reported 10/26
DC20-1886   TOTAL   95.23 4.75  
DC20-1887 Lewis 5.10 10.50 5.40 1.78 Reported 10/26
DC20-1887   132.00 145.50 13.50 4.32 Reported 10/26
including   134.00 138.00 4.00 10.02 Reported 10/26
DC20-1887   150.45 160.00 9.55 4.65 Reported 10/26
DC20-1887   177.38 185.00 7.62 1.65 Reported 10/26
DC20-1887   212.50 218.50 6.00 1.73 Reported 10/26
DC20-1887   TOTAL   42.07 3.22  
DC20-1888 ACMA 178.58 185.51 6.93 43.12 Reported 10/26
including   180.26 183.51 3.25 90.49 Reported 10/26
DC20-1888   191.45 203.33 11.88 1.77 Reported 10/26
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 10/26
DC20-1891   52.99 76.37 23.38 2.58 Reported 10/26
DC20-1891   107.69 121.70 14.01 2.20 Reported 10/26
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 3 meters in length above 1 g/t. A maximum of 4 meters of continuous dilution (< 1 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 118.26m to 214.64m in DC20-1895, from 159.90m to 239.27m in DC20-1909, from 0.00m to 46.00m in DC20-1912, from 142.00m to 224.94m in DC20-1913, from 0.00m to 39.70m and 155.35m to 175.26m in DC20-1917, all of DC20-1918 and DC20-1919, from 131.30m to 253.29m in DC20-1920, from 0.00m to 93.26m and 311.16m to 607.16m in DC20-1921, from 56.25m to 254.51m in DC20-1922, from 0.00m to 69.28m and 190.30m to 211.53m in DC20-1923, all of DC20-1924 and DC20-1925, from 0.00m to 104.00m in DC20-1927, from 58.03m to 226.16m in DC20-1928, all of DC20-1929, from 0.00m to 64.00m and 188.00m to 233.17m in DC20-1930, all of DC20-1932 through DC20-1936, from 0.00m to 329.42m in DC20-1937, all of DC20-1938, from 58.04m to 151.79m in DC20-1939, all of DC20-1940 through DC20-1943, from 0.00m to 154.87m in DC20-1944, all of DC20-1945 and DC20-1946, from 91.90m to 240.18m in DC20-1947, all of DC20-1948, from 187.00m to 303.58m in DC20-1949, from 0.00m to 83.40m and 314.50m to 334.06m in DC20-1950, and from 0.00m to 33.16m and 123.88m to 178.77m in DC20-1951.

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1 Donlin Gold data as per the Second Updated Feasibility Study (as defined below). Donlin Gold measured resources of approximately 8 Mt grading 2.52 g/t and indicated resources of approximately 534 Mt grading 2.24 g/t, each on a 100% basis, of which Barrick and NOVAGOLD each own 50%. Mineral resources have been estimated in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”).