Precious Metals

YAMANA GOLD INC. (TSX: YRI; NYSE: AUY; LSE: AUY) ("Yamana") is pleased to announce the completion of the integration of the Agua Rica project with the Minera Alumbrera plant and infrastructure. Going forward, the integrated project will be known as the MARA Project.

The integration creates significant synergies by combining existing substantive infrastructure which was formerly used to process ore from the Alumbrera mine during its mine life, including processing facilities, a fully permitted tailings storage facility, pipeline, logistical installations, ancillary buildings, and other infrastructure, with the future open pit Agua Rica mine. Relatively modest modifications to the existing processing circuit will be implemented to process Agua Rica ore in order to produce copper and by-products concentrate, which will then be transported to port for commercialization. Distance between mine and plant is approximately 36 kilometres and ore will be transported to the plant by overland conveyor.

The result is a significantly de-risked project with a smaller environmental footprint and improved efficiencies, creating one of the lowest capital intensity projects in the world as measured by pound of copper produced and in-situ copper mineral reserves, with further potential for optimization and upside.

Yamana, as the sole owner of Agua Rica, and the partners of Alumbrera have created a new joint venture ("Joint Venture") pursuant to which Yamana holds a controlling interest of 56.25%, Glencore International AG holds a 25.00% interest, and Newmont Corp. holds an 18.75% interest. Yamana will be the operator of the Joint Venture and will continue to lead the engagement with local, provincial, and national stakeholders, completion of the Feasibility Study and Environmental Impact Assessment for the MARA Project, and generally lead the project to development and operation. A technical committee has been formed and is comprised of representatives of the three companies to oversee these efforts.

"The integration effectively turns what was a greenfield project into a much lower risk brownfield project," said Peter Marrone, Executive Chairman of Yamana. "Leveraging existing infrastructure enhances project economics, simplifies permitting, and reduces the project's environmental footprint, thereby significantly enhancing the value of the project. With the MARA Project, the critical development components of plant and related infrastructure already exist, which improves the development risk profile and quality of the project. We are very pleased to have worked with our partners, Glencore and Newmont, on the integration, and we look forward to working with them on the development of the project."

For more information about the MARA Project, please see Yamana's press release announcing positive Pre-Feasibility Study results for the project issued July 19, 2019, available on the Company's website at www.yamana.com .

About Yamana
Yamana Gold Inc. is a Canadian-based precious metals producer with significant gold and silver production, development stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile and Argentina. Yamana plans to continue to build on this base through expansion and optimization initiatives at existing operating mines, development of new mines, the advancement of its exploration properties and, at times, by targeting other consolidation opportunities with a primary focus in the Americas.

FOR FURTHER INFORMATION, PLEASE CONTACT:
Yamana Investor Relations
416-815-0220
1-888-809-0925
Email: investor@yamana.com

Tavistock (UK Public Relations)
Charles Vivian / Emily Moss
Telephone: +44 7977 297 903 / +44 778 855 4035
Email: yamana@tavistock.co.uk

Peel Hunt LLP (Joint UK Corporate Broker)
Ross Allister / David McKeown / Alexander Allen
Telephone: +44 (0) 20 7418 8900

Berenberg (Joint UK Corporate Broker)
Matthew Armitt / Jennifer Wyllie / Detlir Elezi
Telephone: +44 (0) 20 3207 7800

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This news release contains or incorporates by reference "forward-looking statements" and "forward-looking information" under applicable Canadian securities legislation and within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking information includes, but is not limited to information with respect to each company's and the joint venture's strategy, the production of a Feasibility Study, plans or future financial or operating performance of the Integrated Project, and anticipated benefits of the integration transaction. Forward-looking statements are characterized by words such as "plan", "expect", "budget", "target", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions, assumptions and estimates of management of each of the companies considered reasonable at the date the statements are made, and are inherently subject to a variety of risks and uncertainties and other known and unknown factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include unforeseen impacts on cash flow, monetization initiatives, and available residual cash, an inability to maintain a cash reserve fund balance that can support current or future dividend increases, the outcome of various planned technical studies, production and exploration, development, optimizations and expansion plans at the Integrated Project, changes in national and local government legislation, taxation, controls or regulations and/or change in the administration of laws, policies and practices, and the impact of general business and economic conditions, global liquidity and credit availability on the timing of cash flows and the values of assets and liabilities based on projected future conditions, fluctuating metal prices (such as gold, silver and zinc), currency exchange rates (such as the Argentine Peso versus the United States Dollar), the impact of inflation, possible variations in ore grade or recovery rates, changes in the joint venture's hedging program, changes in accounting policies, changes in mineral resources and mineral reserves, risks related to asset dispositions, risks related to metal purchase agreements, risks related to acquisitions, changes in project parameters as plans continue to be refined, changes in project development, unanticipated costs and expenses, higher prices for fuel, steel, power, labour and other consumables contributing to higher costs and general risks of the mining industry, failure of plant, equipment or processes to operate as anticipated, unexpected changes in mine life, final pricing for concentrate sales, unanticipated results of future studies, seasonality and unanticipated weather changes, costs and timing of the development of new deposits, success of exploration activities, permitting timelines, government regulation and the risk of government expropriation or nationalization of mining operations, risks related to relying on local advisors and consultants in foreign jurisdictions, environmental risks, unanticipated reclamation expenses, risks relating to joint venture or jointly owned operations, title disputes or claims, limitations on insurance coverage, timing and possible outcome of pending and outstanding litigation and labour disputes, risks related to enforcing legal rights in foreign jurisdictions, as well as those risk factors discussed or referred to herein and in Yamana's Annual Information Form filed with the securities regulatory authorities in all provinces of Canada and available at www.sedar.com , and Yamana's Annual Report on Form 40-F filed with the United States Securities and Exchange Commission. Although all of the companies have attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. None of the companies undertake any obligation to update forward-looking statements if circumstances or management's estimates, assumptions or opinions should change, except as required by applicable law. The reader is cautioned not to place undue reliance on forward-looking statements. The forward-looking information contained herein is presented for the purpose of assisting investors in understanding the joint venture's expected financial and operational performance and results as at and for the periods ended on the dates presented in the joint venture's plans and objectives and may not be appropriate for other purposes.


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Donlin Gold Reports Excellent Initial 2022 Drill Program Results

Donlin Gold LLC ("Donlin Gold"), owned 5050 by Barrick Gold Corporation ("Barrick") (TSX: ABX) (NYSE: GOLD) and NOVAGOLD RESOURCES INC. ("NOVAGOLD") (TSX, NYSE American: NG), is pleased to report the initial assay results for the 2022 drill program.

  • The drill program is progressing ahead of schedule with 26,800 meters of the originally planned 34,000-meter drill program completed to date, and assay results received from approximately 9,870 meters of drilling. The results support the recent modelling concepts, and strategic mine planning work.
  • The site crew (150 employees, contractors, and student interns), a majority of which are local hires representing 24 Yukon-Kuskokwim (Y-K) communities in Alaska, are working on a two-week rotation schedule and continue to advance project activities at a good pace.
  • With the largest budget in more than a decade, the owners are advancing the Donlin Gold project up the value chain and are working toward a feasibility study decision, subject to Donlin Gold LLC Board approval.
  • A workshop with Barrick and NOVAGOLD will take place in September at the Donlin Gold project in Alaska to review the work completed to date and lay the path forward.

Statements by the Owners

Barrick President and Chief Executive Mark Bristow said, "as expected, the drill program for 2022 continues to enhance our understanding of the ore bodies that make up the Donlin project. Also encouraging is that this year's drilling campaign is ahead of schedule and results so far support the most recent modelling concepts as we focus on moving the project toward a feasibility study decision. I look forward to the Donlin Gold workshop in Alaska in September to advance these efforts."

Greg Lang, NOVAGOLD's President and CEO, said, "The 2022 drill program has been extremely exciting, not to mention rewarding. With the latest set of assays, we continue to enjoy some of the best gold intercepts in the mining industry. The outstanding results reported today, such as the high-grade at ACMA and the deep exploration work, further substantiate Donlin Gold's potential, and the recent modelling concepts, in support of the strategic mine planning work and the engineering studies. We have significantly de-risked Donlin Gold over many years, taking it up the value chain so as to improve and enhance the value of the project for all our stakeholders. This progress is demonstrated through our commitment and dedication to building trust and transparency with our Alaska Native Corporation partners, Calista Corporation and The Kuskokwim Corporation, with whom we have created a model for responsible mining development."

Dan Graham, General Manager of Donlin Gold added, "Donlin Gold's top priorities continue to be the health and safety of our people following the best practices in environmental stewardship for the benefit of the people of Alaska. We could not be more pleased with the work of our 2022 Donlin Gold site crew. While exceeding productivity rates and running ahead of schedule, the overall morale of employees has been high and our safety record has remained strong. Moreover, we are most gratified to report that, during the program, the majority of our 150 employees and contractors were local hires from 24 Y-K communities in Alaska."


Delivering Results

The prime focus of our activities this year is to undertake a 34,000-meter drill program with tight-spaced grid drilling as well as in-pit and ex-pit exploration; and to input the results from this drilling into the geologic modelling and interpretation work that is being used for updated resource models. In June, the Donlin Gold LLC Board approved an additional 43 drill holes and 8,380 meters to infill one of the 20-meter grids to 10-meter spacing. In addition to the engineering studies underway to support the mining schedules and life of mine business plans, this program will enable us to proceed with the preparation of an updated feasibility study, subject to a formal decision by the Donlin Gold LLC Board.

Following the excellent results of 2021, we are encouraged by the expanded drill program for 2022, with drilling also focused on upside prospects in the ACMA and Lewis pits where drilling so far has been limited. The new assays we received have thus far yielded some outstanding intercepts, with the five top intervals released today being:

  • DC22-2040 intersected 52.27 m grading 14.63 g/t gold starting at 232.95 m drilled depth, including sub intervals of 13.94 m grading 33.95 g/t gold starting at 232.95 m drilled depth and 16.45 m grading 13.50 g/t gold starting at 257.18 m drilled depth;
  • DC22-2040 intersected 18.65 m grading 10.78 g/t gold starting at 197.60 m drilled depth, including a sub interval of 7.68 m grading 19.69 g/t gold starting at 199.35 m drilled depth;
  • DC22-2056 intersected 73.98 m grading 4.21 g/t gold starting at 99.82 m drilled depth, including a sub interval of 6.16 m grading 18.20 g/t gold starting at 109.12 m drilled depth;
  • DC22-2063 intersected 12.10 m grading 22.15 g/t gold starting at 130.04 m drilled depth, including a sub interval of 5.43 m grading 47.17 g/t starting 135.48 m drilled depth; and
  • DC22-2067 intersected 44.58 m grading 4.50 g/t gold starting at 464.06 m drilled depth, including sub intervals of 3.11 m grading 10.79 g/t gold starting at 464.06 m drilled depth and 6.35 m grading 10.26 g/t gold starting at 496.00 m drilled depth.
  • Drill-hole collar locations and five of the top intervals are shown in Figure 1.
  • Drill-hole orientations, depths and significant intervals are shown in Tables 1 and 2, respectively, in the Appendix at the end of this release.
  • DC22-2063 interval is subparallel to a mineralized fault zone and mineralized dyke.
  • DC22-2067 interval is subparallel to a mineralized fault zone.
  • The team of 150 people at Donlin Gold are advancing drilling activities at a fine pace, with the drilling expected to wrap-up in the fall. The health and safety of our workforce is a priority. Donlin Gold has implemented strict safety protocols, while COVID-19 mitigation measures remain in place to ensure that the staff rotations in and out of the camp are conducted in both an efficient and safe manner.

Donlin Gold 2022 Project Budget

The 2022 budget for Donlin Gold LLC (on a 100% basis) is set at $60 million, split equally between the two owners. The focus is to refresh geologic modelling and interpretation work for an updated resource model as well as engineering activities to inform an updated feasibility study decision. Approximately 34,000 meters of in-pit and below-pit drilling was planned under the original scope, in addition to fieldwork, for the Alaska Dam Safety Certifications, environmental studies, and external affairs efforts. An additional $4.8 million (100% basis) was approved by the Donlin Gold LLC Board for the additional 8,380 drill meter workplan.

The owners will continue to advance the Donlin Gold project as they have done for many years in a financially disciplined manner with a clear focus on a strong safety culture, engineering excellence, environmental stewardship, and active community engagement.

About Donlin Gold

The Donlin Gold project is located in Alaska, the second largest gold-producing state in the United States. With approximately 39 million ounces of gold grading 2.24 grams per tonne in the measured and indicated mineral 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, community outreach, and advancing the remaining State permitting actions.

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 under the 1971 Alaska Native Claims Settlement Act (ANCSA). Donlin Gold has entered into life-of-mine agreements with Calista, which owns the subsurface mineral rights and some surface land rights, and The Kuskokwim Corporation (TKC), a collection of 10 village corporations, which owns the majority of surface land rights. Donlin Gold is committed to providing employment opportunities, scholarships, and preferential contract considerations to Calista and TKC shareholders. The life-of-mine agreements include a revenue-sharing structure established in the context of the ANCSA, which resolved Alaska Native land claims and allotted some 44 million acres of land for use by Alaska Native Corporations. Additionally, our long-term commitment to economic development in the Y-K region is exemplified by Donlin Gold's support of TKC's initiative to launch energy and infrastructure projects in middle Kuskokwim villages. These partnerships, activities, and programs are illustrative of Donlin Gold's commitment to sustainable and responsible development of the project for the benefit of all stakeholders.

FIGURE 1 Drill Hole Collar Locations

Novagold_DrillHoleMap

Depicted grid system is based on NAD83 UTM zone 4N coordinates. Longitudinal Section View orientation below taken at A – A' orientation depicted above.


FIGURE 2 Longitudinal Section View of the ACMA and Lewis Deposits

FIGURE 2 Longitudinal Section View of the ACMA and Lewis Deposits

QA/QC Procedures

The QA/QC procedures for the 2022 Donlin Gold project drill program and sampling protocol were developed and managed by Donlin Gold 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 94% core recovery has been achieved during the 2022 drill program. Core was logged, cut, and sampled at site by Donlin Gold employees. Samples were primarily collected on one- to two-meter lengths. Sampled half-core was crushed in Bureau Veritas' Juneau and Fairbanks, Alaska sample preparation facilities. Crushed samples were sent to Bureau Veritas' lab in Vancouver, British Columbia for pulverizing and gold assays and pulverized splits to an ALS Limited lab in Vancouver, British Columbia for multi-element analysis. Quality control samples were inserted (standards at 5% of primary samples, blanks at 5% of primary samples and duplicates at 2.5% of primary samples) into each batch of samples. The review of the quality control samples did not indicate any bias or error. Out of bounds quality control samples were handled with appropriate reruns and investigations. 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 Boart Longyear drill operators, and collar surveys were completed by Donlin Gold staff under the supervision of Professional Licensed Surveyors from Brice Engineering LLC.

Each of Bureau Veritas, ALS Limited, Boart Longyear, and Brice Engineering LLC are independent of Donlin Gold, Barrick, and NOVAGOLD.

Scientific and Technical Information

In mid-2021, NOVAGOLD engaged Wood Canada Limited ("Wood") to update the Second Updated Feasibility Study on Donlin Gold completed in 2011 (the "2011 Technical Report"). This update resulted in a report titled "NI 43-101 Technical Report on the Donlin Gold Project, Alaska, USA" with an effective date of June 1, 2021 (the "2021 Technical Report"). In 2021, NOVAGOLD also engaged Wood to prepare a Donlin Gold technical report summary in accordance with Subpart 229.1300 of Regulation S-K – Disclosure by Registrants Engaged in Mining Operations ("S-K 1300") as of November 30, 2021. The resulting report is titled "S-K 1300 Technical Report Summary on the Donlin Gold Project, Alaska, USA" ("S-K 1300 Report"), current as of November 30, 2021. Wood incorporated 2020 costs and new gold price guidance to meet the NOVAGOLD's reporting requirements. The resultant 2021 Technical Report and S-K 1300 Report showed no material change to the previously reported mineral resources or mineral reserves.

NOVAGOLD is a registrant with the SEC and is reporting its Mineral Resources and Mineral Reserves in accordance with S-K 1300 as of November 30, 2021. While the S-K 1300 rules are similar to National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") rules in Canada, they are not identical and therefore two reports have been produced for the Donlin Gold project.

Certain scientific and technical information contained herein with respect to the Donlin Gold project is derived from the 2021 Technical Report and the S-K 1300 Report. Henry Kim, P.Geo., Senior Resource Geologist, Wood Canada Limited; Mike Woloschuk, P.Eng., VP Global Business Development & Consulting, Wood Group USA, Inc.; and Kirk Hanson, MBA, P.E., Technical Director, Open Pit Mining, Wood Group USA, Inc. are the Qualified Persons responsible for the preparation of the 2021 Technical Report, and each is an independent Qualified Person as defined by National Instrument 43-101 ("NI 43-101"). Wood prepared the S-K 1300 Report.

Paul Chilson, P.E., who is the Manager of Mine Engineering for NOVAGOLD and a Qualified Person under NI 43-101, has approved and verified the scientific and technical information related to the 2021 and 2022 Donlin Gold project drill programs, the 2021 Technical Report and the S-K 1300 Report contained in this media release. To verify the information related to the drilling programs, he has visited the property in the past year; discussed 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, P.Geo., who is a Barrick Mineral Resource Manager and a Qualified Person under NI 43-101 has reviewed and approved the assay results for the Donlin Gold project contained in this media release.

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

Kevin Annett
CFO, North America
Tel: +1 416-307-3660
www.barrick.com

NOVAGOLD Contacts:

Mélanie Hennessey
Vice President, Corporate Communications
Tel: +1 604-669-6227 or 1-866-669-6227
Email: info@novagold.com
www.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 assay results; the anticipated timing of a decision by the Board of Donlin Gold LLC to prepare a feasibility study update; anticipated benefits from recent drill programs including an improved geological model for Donlin Gold; the work program for the 2022 field season; the continuing priorities of Donlin Gold, including the health and safety of our people; ongoing support provided to key stakeholders including Native Corporation partners; the potential impact of the coronavirus global pandemic (COVID-19) 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; perceived merit of properties; mineral reserve and resource estimates; Donlin Gold's ability to secure the permits needed to construct and operate the Donlin Gold project in a timely manner, if at all; and legal challenges to Donlin Gold's existing permits. 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 the management expectations of Donlin Gold's, Barrick's and NOVAGOLD's 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 securing permits; the need for additional financing to explore and develop properties and availability of financing in the debt and capital markets; the spread and impact of COVID-19; uncertainties involved in the interpretation of drill results and geological tests and the estimation of reserves and resources; 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, development and eventual construction of the Donlin Gold project; 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 United States Securities and Exchange Commission (SEC) and Canadian provincial securities 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 NOVAGOLD's website at www.novagold.com , Barrick's website at www.barrick.com , 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 Donlin Gold, NOVAGOLD, and Barrick on the date the statements are made. Donlin Gold, NOVAGOLD and Barrick assume no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

APPENDIX

TABLE 1
Drill Hole Orientations* and Depths

HOLE Azimuth (°) Inclination (°) Depth (m)
DC22-2033 331 61 254.51
DC22-2034 331 62 287.43
DC22-2035 238 45 877.52
DC22-2036 328 59 245.06
DC22-2037 335 59 289.86
DC22-2038 331 61 248.72
DC22-2039 331 56 289.26
DC22-2040 333 60 309.37
DC22-2041 331 61 261.82
DC22-2042 336 58 264.57
DC22-2043 329 60 230.12
DC22-2044 331 59 288.34
DC22-2045 331 60 224.94
DC22-2046 333 60 239.57
DC22-2047 331 59 230.12
DC22-2048 331 61 166.73
DC22-2049 331 61 145.24
DC22-2050 333 59 219.46
DC22-2051 242 52 851.61
DC22-2052 335 61 139.90
DC22-2053 334 59 292.91
DC22-2054 334 60 188.37
DC22-2055 335 62 215.19
DC22-2056 334 60 184.40
DC22-2057 335 59 244.45
DC22-2058 332 61 196.90
DC22-2059 339 60 234.85
DC22-2060 330 59 157.28
DC22-2061 331 59 247.80
DC22-2062 332 60 239.88
DC22-2063 334 58 300.38
DC22-2064 334 58 230.12
DC22-2065 332 59 225.55
DC22-2066 334 59 225.55
DC22-2067 246 52 777.54
DC22-2068 333 62 240.18
DC22-2069 333 61 260.60
DC22-2070 332 60 240.79
DC22-2071 330 61 225.55
DC22-2072 333 59 223.88
DC22-2073 330 61 233.17
DC22-2074 332 61 240.03
DC22-2075 330 59 233.78
DC22-2076 333 60 227.99
DC22-2077 330 61 211.68
DC22-2078 333 59 230.12
DC22-2079 334 61 235.00
DC22-2080 332 58 256.34
DC22-2081 332 59 239.88
DC22-2082 245 54 789.43
DC22-2083 328 64 220.07
DC22-2084 335 62 209.09
DC22-2085 334 57 249.94
DC22-2086 334 58 210.31
DC22-2087 332 56 220.37
DC22-2088 334 59 219.46
DC22-2089 332 59 243.84
DC22-2090 330 58 220.07
DC22-2091 334 60 260.30
DC22-2092 333 59 225.55
DC22-2093 334 59 235.00
DC22-2094 327 63 915.10
DC22-2095 335 58 199.95
DC22-2096 332 60 275.84
DC22-2097 256 70 483.11
DC22-2098 337 58 199.95
DC22-2099 333 58 227.38
DC22-2100 334 57 216.56
DC22-2101 311 64 522.43
DC22-2102 331 60 227.08
DC22-2103 330 61 291.08
DC22-2104 330 60 239.57
DC22-2105 336 59 275.84
DC22-2106 324 62 920.95
DC22-2107 334 60 265.18
DC22-2108 294 67 557.78
DC22-2109 334 62 303.28
DC22-2110 331 61 289.56
DC22-2111 332 61 245.36
DC22-2113 334 63 259.99
DC22-2114 334 61 256.95
DC22-2115 334 60 311.05

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

TABLE 2
2021 Donlin Gold Significant Assay Intervals

Hole ID Area From
(Meters)
To
(Meters)
Length
(Meters)
Au Grade (g/t)
DC22-2033 ACMA 33.04 36.50 3.46 1.24
DC22-2033 42.17 50.01 7.84 2.79
DC22-2033 105.65 126.32 20.67 2.76
DC22-2033 172.08 176.43 4.35 1.03
DC22-2033 185.79 189.64 3.85 1.87
DC22-2033 TOTAL 40.17 2.36
DC22-2034 ACMA 44.35 48.16 3.81 1.78
DC22-2034 116.29 129.32 13.03 6.40
including 121.31 127.97 6.66 10.51
DC22-2034 140.80 145.80 5.00 10.39
DC22-2034 208.38 220.88 12.50 2.18
DC22-2034 TOTAL 34.34 4.93
DC22-2035 ACMA 433.53 440.95 7.42 6.30
DC22-2035 651.24 682.65 31.41 3.81
DC22-2035 751.88 756.10 4.22 8.15
DC22-2035 TOTAL 43.05 4.67
DC22-2036 ACMA 137.33 144.48 7.15 3.39
DC22-2036 152.57 159.29 6.72 2.94
DC22-2036 TOTAL 13.87 3.17
DC22-2037 ACMA 109.24 119.58 10.34 3.07
DC22-2037 TOTAL 10.34 3.07
DC22-2038 ACMA 114.50 126.63 12.13 3.24
DC22-2038 185.16 190.15 4.99 4.90
DC22-2038 TOTAL 17.12 3.72
DC22-2039 ACMA 122.46 126.13 3.67 3.46
DC22-2039 TOTAL 3.67 3.46
DC22-2040 ACMA 97.26 105.21 7.95 2.77
DC22-2040 114.45 122.41 7.96 1.50
DC22-2040 139.25 154.84 15.59 3.64
DC22-2040 197.60 216.25 18.65 10.78
including 199.35 207.03 7.68 19.69
DC22-2040 232.95 285.22 52.27 14.63
including 232.95 246.89 13.94 33.95
including 257.18 273.63 16.45 13.50
DC22-2040 TOTAL 102.42 10.31
DC22-2041 ACMA 75.03 81.99 6.96 4.60
DC22-2041 86.43 101.36 14.93 1.82
DC22-2041 105.74 113.42 7.68 4.43
DC22-2041 174.29 187.45 13.16 7.47
DC22-2041 TOTAL 42.73 4.48
DC22-2042 ACMA 19.80 34.44 14.64 3.09
DC22-2042 95.10 102.28 7.18 3.71
DC22-2042 152.80 162.62 9.82 2.93
DC22-2042 168.21 187.81 19.60 4.06
DC22-2042 196.04 205.46 9.42 5.22
DC22-2042 TOTAL 60.66 3.78
DC22-2043 ACMA 49.61 58.38 8.77 7.23
DC22-2043 144.97 168.48 23.51 6.20
DC22-2043 TOTAL 32.28 6.48
DC22-2044 ACMA 26.21 30.14 3.93 2.78
DC22-2044 157.31 166.42 9.11 3.62
DC22-2044 171.95 176.69 4.74 4.55
DC22-2044 TOTAL 17.78 3.69
DC22-2045 ACMA 12.53 18.23 5.70 3.95
DC22-2045 41.42 58.40 16.98 1.56
DC22-2045 63.84 73.05 9.21 2.40
DC22-2045 128.03 133.50 5.47 3.18
DC22-2045 138.75 146.20 7.45 1.74
DC22-2045 158.22 170.45 12.23 1.93
DC22-2045 205.38 213.77 8.39 1.92
DC22-2045 TOTAL 65.43 2.16
DC22-2046 ACMA 24.38 32.42 8.04 5.25
DC22-2046 109.52 135.25 25.73 5.22
DC22-2046 176.88 194.04 17.16 3.48
DC22-2046 207.43 212.14 4.71 1.32
DC22-2046 220.58 223.77 3.19 1.02
DC22-2046 TOTAL 58.83 4.18
DC22-2047 ACMA 37.19 47.66 10.47 2.37
DC22-2047 135.33 140.13 4.80 9.08
including 136.37 140.13 3.76 11.06
DC22-2047 151.83 176.24 24.41 3.76
DC22-2047 TOTAL 39.68 4.04
DC22-2048 ACMA 6.44 10.48 4.04 5.16
DC22-2048 23.77 30.48 6.71 7.43
DC22-2048 36.88 43.61 6.73 3.48
DC22-2048 94.64 106.83 12.19 3.11
DC22-2048 111.17 143.61 32.44 1.18
DC22-2048 TOTAL 62.11 2.74
DC22-2049 ACMA 10.97 16.20 5.23 6.51
DC22-2049 95.70 112.44 16.74 2.76
DC22-2049 TOTAL 21.97 3.65
DC22-2050 ACMA 38.40 42.93 4.53 1.22
DC22-2050 98.40 123.70 25.30 2.82
DC22-2050 137.98 162.88 24.90 2.74
DC22-2050 TOTAL 54.73 2.65
DC22-2051 ACMA 69.70 80.01 10.31 1.27
DC22-2051 119.52 126.19 6.67 1.72
DC22-2051 343.75 356.05 12.30 3.24
DC22-2051 437.45 474.88 37.43 2.35
DC22-2051 533.86 565.30 31.44 4.63
including 545.90 550.40 4.50 11.45
DC22-2051 693.27 708.65 15.38 6.81
including 698.89 703.53 4.64 16.59
DC22-2051 746.67 767.93 21.26 3.74
DC22-2051 TOTAL 134.79 3.58
DC22-2052 ACMA 6.36 17.07 10.71 2.43
DC22-2052 100.72 104.92 4.20 1.93
DC22-2052 TOTAL 14.91 2.29
DC22-2053 ACMA 39.82 43.55 3.73 2.24
DC22-2053 50.55 59.82 9.27 2.09
DC22-2053 169.41 172.63 3.22 3.72
DC22-2053 286.82 290.15 3.33 2.57
DC22-2053 TOTAL 19.55 2.47
DC22-2054 ACMA 10.05 13.42 3.37 3.44
DC22-2054 108.52 148.31 39.79 3.37
DC22-2054 152.89 179.89 27.00 2.70
DC22-2054 TOTAL 70.16 3.11
DC22-2055 ACMA 12.19 35.77 23.58 2.36
DC22-2055 115.85 124.30 8.45 5.11
DC22-2055 131.99 152.88 20.89 4.12
DC22-2055 181.66 187.45 5.79 2.03
DC22-2055 TOTAL 58.71 3.35
DC22-2056 ACMA 2.44 13.33 10.89 17.55
including 7.01 11.13 4.12 44.11
DC22-2056 83.31 86.37 3.06 8.51
DC22-2056 99.82 173.80 73.98 4.21
including 109.12 115.28 6.16 18.20
DC22-2056 TOTAL 87.93 6.02
DC22-2057 ACMA 10.97 21.25 10.28 2.59
DC22-2057 40.56 48.17 7.61 1.97
DC22-2057 52.57 60.64 8.07 1.05
DC22-2057 118.89 123.88 4.99 2.23
DC22-2057 135.23 142.04 6.81 6.04
DC22-2057 147.74 160.25 12.51 3.91
DC22-2057 166.47 173.36 6.89 2.48
DC22-2057 186.43 194.98 8.55 4.04
DC22-2057 TOTAL 65.71 3.09
DC22-2058 ACMA 5.18 14.02 8.84 2.81
DC22-2058 21.46 33.01 11.55 3.50
DC22-2058 112.19 118.57 6.38 3.84
DC22-2058 124.23 138.62 14.39 8.18
including 130.24 136.99 6.75 15.15
DC22-2058 151.79 172.17 20.38 2.83
DC22-2058 TOTAL 61.54 4.31
DC22-2059 Divide 57.65 76.04 18.39 3.64
DC22-2059 81.48 86.56 5.08 1.01
DC22-2059 95.38 109.70 14.32 2.75
DC22-2059 118.26 122.22 3.96 2.94
DC22-2059 TOTAL 41.75 2.95
DC22-2060 ACMA 10.02 16.48 6.46 7.99
DC22-2060 116.69 121.75 5.06 2.26
DC22-2060 TOTAL 11.52 5.47
DC22-2061 Divide 22.80 25.91 3.11 2.36
DC22-2061 32.72 41.90 9.18 2.10
DC22-2061 55.87 66.97 11.10 2.59
DC22-2061 73.76 81.30 7.54 1.80
DC22-2061 91.09 129.15 38.06 3.08
DC22-2061 172.94 176.31 3.37 2.49
DC22-2061 186.10 196.08 9.98 2.51
DC22-2061 TOTAL 82.34 2.67
DC22-2062 Divide 54.25 87.49 33.24 1.02
DC22-2062 110.99 115.21 4.22 4.76
DC22-2062 126.31 132.65 6.34 9.68
DC22-2062 147.06 197.82 50.76 3.28
DC22-2062 TOTAL 94.56 2.98
DC22-2063 Divide 9.14 15.75 6.61 1.32
DC22-2063 61.13 75.81 14.68 3.12
DC22-2063 130.04 142.14 12.10 22.15
including 135.48 140.91 5.43 47.17
DC22-2063 TOTAL 33.39 9.66
DC22-2067 ACMA 83.17 92.99 9.82 1.43
DC22-2067 123.01 130.91 7.90 2.41
DC22-2067 145.78 160.87 15.09 5.49
DC22-2067 251.68 260.64 8.96 1.05
DC22-2067 273.14 288.11 14.97 1.94
DC22-2067 416.80 434.50 17.70 4.26
DC22-2067 464.06 508.64 44.58 4.50
including 464.06 467.17 3.11 10.79
including 496.00 502.35 6.35 10.26
DC22-2067 582.22 592.53 10.31 2.82
DC22-2067 614.40 626.58 12.18 1.16
DC22-2067 644.08 652.25 8.17 1.79
DC22-2067 724.00 730.65 6.65 1.05
DC22-2067 TOTAL 156.33 3.17
DC22-2082 ACMA 20.56 47.61 27.05 2.53
DC22-2082 60.07 68.99 8.92 2.26
DC22-2082 88.83 94.25 5.42 2.23
DC22-2082 130.34 136.86 6.52 3.71
DC22-2082 400.20 407.52 7.32 2.67
DC22-2082 423.91 427.27 3.36 7.32
DC22-2082 555.07 564.83 9.76 7.75
DC22-2082 568.85 583.94 15.09 3.35
DC22-2082 632.16 641.42 9.26 2.85
DC22-2082 660.08 668.73 8.65 2.19
DC22-2082 684.64 701.30 16.66 4.29
DC22-2082 718.02 724.88 6.86 5.77
DC22-2082 TOTAL 124.87 3.62

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 (

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