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Barrick and NOVAGOLD Agree on Next Steps Toward Advancement of Donlin Gold; Drill Assay Results Continue to Yield High-Grade Intercepts and Demonstrate Important Grade Continuity; With Clear Improvement in Definition of Controls of Mineralization, the Project is Advancing Towards Feasibility Study Update

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Barrick Gold President and CEO Mark Bristow and NOVAGOLD President and CEO Greg Lang visit Donlin Gold Project

Mark Bristow, President and CEO of Barrick Gold, and Greg Lang, President and CEO of NOVAGOLD, visit the Donlin Gold project site, September 2021.
Mark Bristow, President and CEO of Barrick Gold, and Greg Lang, President and CEO of NOVAGOLD, visit the Donlin Gold project site, September 2021.
Mark Bristow, President and CEO of Barrick Gold, and Greg Lang, President and CEO of NOVAGOLD, visit the Donlin Gold project site, September 2021.

FIGURE 1 Drill Hole Collar Locations for the 2021 Drill Program at the Donlin Gold Project

Holes designated as being in the Divide area, are on the eastern side of the ACMA pit area, transitioning into the Lewis pit area, as shown in Figure 2. These new and significant high-grade drill hole intercepts point toward the potential feeder zones of this large system. Part of the objective of the 2022 exploration and drill program will be to confirm mineralization continuity and key geologic controls in representative areas of the deposit.
Holes designated as being in the Divide area, are on the eastern side of the ACMA pit area, transitioning into the Lewis pit area, as shown in Figure 2. These new and significant high-grade drill hole intercepts point toward the potential feeder zones of this large system. Part of the objective of the 2022 exploration and drill program will be to confirm mineralization continuity and key geologic controls in representative areas of the deposit.
Holes designated as being in the Divide area, are on the eastern side of the ACMA pit area, transitioning into the Lewis pit area, as shown in Figure 2. These new and significant high-grade drill hole intercepts point toward the potential feeder zones of this large system. Part of the objective of the 2022 exploration and drill program will be to confirm mineralization continuity and key geologic controls in representative areas of the deposit.

FIGURE 2 Longitudinal Section View of the ACMA and Lewis Deposits at the Donlin Gold Project

Holes designated as being in the Divide area, are on the eastern side of the ACMA pit area, transitioning into the Lewis pit area, as shown in Figure 2. These new and significant high-grade drill hole intercepts point toward the potential feeder zones of this large system. Part of the objective of the 2022 exploration and drill program will be to confirm mineralization continuity and key geologic controls in representative areas of the deposit.
Holes designated as being in the Divide area, are on the eastern side of the ACMA pit area, transitioning into the Lewis pit area, as shown in Figure 2. These new and significant high-grade drill hole intercepts point toward the potential feeder zones of this large system. Part of the objective of the 2022 exploration and drill program will be to confirm mineralization continuity and key geologic controls in representative areas of the deposit.
Holes designated as being in the Divide area, are on the eastern side of the ACMA pit area, transitioning into the Lewis pit area, as shown in Figure 2. These new and significant high-grade drill hole intercepts point toward the potential feeder zones of this large system. Part of the objective of the 2022 exploration and drill program will be to confirm mineralization continuity and key geologic controls in representative areas of the deposit.

ANCHORAGE, Alaska, Dec. 01, 2021 (GLOBE NEWSWIRE) -- 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 report progress made during the executive management workshop and site visit in early September between senior representatives from Barrick and NOVAGOLD, as well as the Donlin Gold management team. Additional assay results for 18 completed drill holes, plus partial results for 22 holes from the 2021 drill program are reported below.

  • During the September 2021 executive management meetings in Alaska, the combined team reaffirmed its confidence in the deposit and charted a course toward advancing the project up the value chain

  • In addition, senior executives, including Barrick and NOVAGOLD CEOs Mark Bristow and Greg Lang, met with local stakeholders as well as senior Alaska Federal and State government officials who expressed their continued strong support for the project

  • Assay results from approximately 65% or 15,700 meters of drilling continue to support the global resource estimate, recent modelling concepts, and strategic mine planning work

  • With a progression plan in place, subject to results from the upcoming drill program the partners are well positioned to be able to proceed with a feasibility study update in 2022

2021 Drill Program Delivers Consistent Results

The 2021 drill program was completed in September with 79 holes drilled for a total of 24,264 meters. To date, Donlin Gold has reported assays for 36 complete holes and 22 partial holes, encompassing 15,700 meters of length drilled. The last core was logged in mid-October with final samples sent off site to laboratories for further processing. The camp was closed at the end of October and is expected to reopen in January 2022 for a winter drill program. Final results from the 2021 drill program are expected to be disclosed in 2022.

The primary objective of the 2021 drill program was to complete the work necessary to validate and increase confidence in recent geologic modeling concepts to support future feasibility work.

The logging and assay results will be incorporated into a geologic model update, followed by a shift in focus to feasibility study work, subject to a formal decision by the Donlin Gold Board. Initial assay results from the 2021 drill program were disclosed in a media release on September 2, 2021, five of the top intervals received since this release include:

  • DC21-1976 intersected 57.25 m grading 6.87 g/t gold starting at 270.35 m drilled depth, including a sub interval of 4.05 m grading 18.13 g/t gold, starting at 288.95 m drilled depth;

  • DC21-1970 intersected 19.15 m grading 12.57 g/t gold starting at 173.19 m drilled depth, including a sub interval of 12.15 m grading 17.28 g/t of gold, starting at 179.19 m drilled depth;

  • DC21-1964 intersected 37.85 m grading 6.28 g/t gold starting at 110.65 m drilled depth, including sub intervals of 7.95 m grading 15.99 g/t gold starting at 110.65 m drilled depth and 3.13 m grading 10.21 g/t gold starting at 143.37 m drilled depth;

  • DC21-1980 intersected 12.18 m grading 19.02 g/t gold starting at 293.40 drilled depth; including a sub interval of 4.65 m grading 36.53 g/t gold starting at 300.29 m drilled depth;

  • DC21-1994 intersected 33.53 m grading 5.89 g/t gold starting at the surface; including a sub interval of 6.06 m grading 15.22 g/t gold starting at 9.24 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 the Appendix at the end of this release, in Tables 1 and 2, respectively. Those holes, designated as being in the Divide area, are on the eastern side of the ACMA pit area, transitioning into the Lewis pit area, as shown in Figure 2. These new and significant high-grade drill hole intercepts point toward the potential feeder zones of this large system. Part of the objective of the 2022 exploration and drill program will be to confirm mineralization continuity and key geologic controls in representative areas of the deposit.

Statements by the Owners

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/65a0e017-453f-4da0-a555-6bb8fcb5c3c4

Barrick President and Chief Executive Mark Bristow said, “Getting together in Alaska, visiting the Donlin project site and sitting down with stakeholders drove home the significance and importance of Donlin to both partners. We have a unique opportunity to progress a world-class project in both a jurisdiction and with local partners that recognize the contribution such an asset can bring to the lives of future generations of Alaskans. Our priority is to do that responsibly and sustainably and it is an illustration of Barrick’s and NOVAGOLD’s strong partnership that we were able to have such a productive workshop and come away with next steps to move the project forward.”

Greg Lang, NOVAGOLD’s President and CEO, said, “The successfully concluded site visit and the meetings that followed with our Alaskan constituencies provided an excellent lead-in to Barrick’s and NOVAGOLD’s onward progression for the Donlin Gold project. The identification of key work plans represents a most welcome and important achievement in taking Donlin Gold up the value chain and is the natural extension of confirmation work carried out with our partners at Barrick, which includes the recently completed drill campaign. This campaign is not only yielding high-grade intercepts in the future open-pit areas; Donlin Gold’s 2021 drill program is producing some of the best drill results seen lately in the gold mining industry, from juniors to majors. I’m sure I speak for both Barrick and NOVAGOLD when I say we are grateful to our local and state partners, who have worked with us to reach these important milestones.”

Dan Graham, General Manager of Donlin Gold added, “We enjoyed hosting the senior management teams from both Barrick and NOVAGOLD here in person in Alaska. We are also energized with the interest and resources the owners are dedicating to the Donlin Gold project. It is a great economic opportunity for the region and the State.”

About Donlin Gold

The Donlin Gold project 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 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 Donlin Gold’s 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 five decades ago. 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 ten village corporations, which owns the majority of surface land rights, and is committed to providing employment opportunities, scholarships to Calista and TKC Shareholders, and preferential contract considerations to Calista and TKC. These agreements also include royalties which are subject to a revenue-sharing structure established in the Alaska Native Claims Settlement Act of 1971, which resolved Alaska Native land claims and allotted 44 million acres of land for use by Alaska Native Corporations. Additionally, our long-term commitment to economic development in the Yukon-Kuskokwim 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 the commitment to sustainable and responsible development of the Donlin Gold project for the benefit of all stakeholders.

________________________
1 Donlin Gold data as per the 2021 Technical Report (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”).

FIGURE 1 Drill Hole Collar Locations is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1ea2e93f-f98a-4c49-8659-04deb02b5bb0

FIGURE 2 Longitudinal Section View of the ACMA and Lewis Deposits is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c75f35e6-d95d-43a7-9afa-4904c735662b

QA/QC Procedures

The QA/QC procedures for the 2021 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 was achieved during the 2021 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’ Fairbanks, Alaska sample preparation facility. Crushed samples were sent to the 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. 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 Boart Longyear drill operators, and collar surveys were completed on all holes by 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

Certain scientific and technical information contained herein with respect to the Donlin Gold project is derived from the “NI 43-101 Technical Report on the Donlin Gold Project, Alaska, USA” prepared by Wood Canada Limited with an effective date of June 1, 2021 (the “2021 Technical 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 independent technical report, and each is an independent Qualified Person as defined by National Instrument 43-101 (“NI 43-101”).

Paul Chilson, P.E., who is the Mine Engineering Manager for NOVAGOLD and a Qualified Person under NI 43-101, has approved and verified the scientific and technical information related to the 2021 Donlin Gold project drill program and 2021 Technical Report contained in this media release. To verify the information related to the drilling program, 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

Catherine Raw
COO, North America
Tel: +1 416-307-5157
www.barrick.com

NOVAGOLD Contacts:

Mélanie Hennessey
Vice President, Corporate Communications

Jason Mercier
Manager, Investor Relations

Tel: +1 604-669-6227 or 1-866-669-6227
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 timing of final assay results; the anticipated timing of a decision by Barrick and NOVAGOLD to prepare a feasibility study update; anticipated benefits from the recent drill programs including an improved geological model for Donlin Gold; the work program for the 2022 field season; 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 permits; the need for additional financing to explore and develop properties and availability of financing in the debt and capital markets; the 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, 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 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.

Cautionary Note to NOVAGOLD’s 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 1
Drill Hole Orientations* and Depths

Hole

Azimuth (°)

Inclination (°)

Depth (m)

DC21-1952

349

74

319.7

DC21-1953

302

70

222.5

DC21-1954

353

60

480.4

DC21-1955

128

56

313.3

DC21-1956B

335

65

315.3

DC21-1957

281

66

223.7

DC21-1958

332

54

350.2

DC21-1959

356

59

483.1

DC21-1960

351

60

214.9

DC21-1961

164

59

291.4

DC21-1962

231

58

289.3

DC21-1963A

188

71

224.9

DC21-1964

349

56

469.5

DC21-1965

191

72

225.3

DC21-1966

346

79

150.0

DC21-1967A

330

55

350.2

DC21-1968

162

46

177.7

DC21-1969

282

56

549.9

DC21-1970

272

63

306.0

DC21-1971

160

57

274.5

DC21-1972

345

62

349.9

DC21-1973

350

60

255.1

DC21-1974

309

68

206.7

DC21-1975

141

57

322.8

DC21-1976

274

60

502.3

DC21-1977

3

68

350.2

DC21-1978

29

61

324.9

DC21-1979

355

58

274.9

DC21-1980

353

66

353.0

DC21-1981

282

84

254.8

DC21-1982

356

58

224.9

DC21-1983A

350

66

400.1

DC21-1984

23

66

443.0

DC21-1985

168

49

249.9

DC21-1986

276

70

399.9

DC21-1987

345

66

399.9

DC21-1988

153

56

279.2

DC21-1989

7

64

349.9

DC21-1990

346

69

342.3

DC21-1991

165

59

322.5

DC21-1992

340

61

349.9

DC21-1993A

321

63

409.4

DC21-1994

293

66

504.1

DC21-1995

155

62

279.8

DC21-1998

352

58

326.9

DC21-1999

154

57

422.9

DC21-2000

341

64

438.9

DC21-2001

9

65

299.9

DC21-2003

341

67

403.0

DC21-2004

137

58

300.1

DC21-2005

346

58

245.4

DC21-2006

339

65

249.9

DC21-2007

354

67

434.8

DC21-2008

9

74

200.0

DC21-2009

334

60

289.3

DC21-2010

145

58

303.3

DC21-2011

331

57

280.1

DC21-2022

336

59

254.5

* 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
(Au g/t)

DC21-1952

ACMA

50.15

68.65

18.50

1.90

Reported 9/2

DC21-1952

117.90

134.95

17.05

3.19

Reported 9/2

DC21-1952

229.35

246.05

16.70

1.60

Reported 9/2

DC21-1952

252.05

273.35

21.30

3.07

Reported 9/2

DC21-1952

TOTAL

73.55

2.47

DC21-1954

Divide

43.06

63.51

20.45

1.46

Reported 9/2

DC21-1954

75.35

81.95

6.60

4.34

Reported 9/2

DC21-1954

90.07

97.60

7.53

3.04

Reported 9/2

DC21-1954

118.60

147.22

28.62

1.81

Reported 9/2

DC21-1954

151.25

158.98

7.73

1.65

Reported 9/2

DC21-1954

267.65

272.80

5.15

2.94

Reported 9/2

DC21-1954

285.80

296.80

11.00

3.71

Reported 9/2

DC21-1954

353.46

359.84

6.38

2.87

Reported 9/2

DC21-1954

427.42

431.14

3.72

3.16

Reported 9/2

DC21-1954

TOTAL

97.18

2.39

DC21-1955

ACMA

70.45

74.45

4.00

3.06

Reported 9/2

DC21-1955

110.55

125.21

14.66

4.51

Reported 9/2

DC21-1955

179.58

182.58

3.00

4.91

Reported 9/2

DC21-1955

218.66

224.00

5.34

7.06

Reported 9/2

DC21-1955

TOTAL

27.00

4.84

DC21-1956B

Divide

37.01

59.74

22.73

3.09

DC21-1956B

95.05

110.30

15.25

4.79

DC21-1956B

190.97

208.90

17.93

2.53

Reported 9/2

DC21-1956B

260.50

275.66

15.16

2.20

Reported 9/2

DC21-1956B

TOTAL

71.07

3.12

DC21-1957

ACMA

139.92

142.92

3.00

22.25

Reported 9/2

DC21-1957

TOTAL

3.00

22.25

DC21-1958

Divide

22.46

30.30

7.84

2.07

Reported 9/2

DC21-1958

108.18

119.70

11.52

3.27

Reported 9/2

DC21-1958

132.80

136.40

3.60

1.69

Reported 9/2

DC21-1958

210.10

223.93

13.83

5.55

Reported 9/2

DC21-1958

260.56

266.87

6.31

1.36

Reported 9/2

DC21-1958

288.31

294.44

6.13

1.28

Reported 9/2

DC21-1958

TOTAL

49.23

3.11

DC21-1959

Divide

44.75

48.75

4.00

2.76

Reported 9/2

DC21-1959

199.66

213.88

14.22

4.92

Reported 9/2

DC21-1959

279.20

284.07

4.87

1.45

Reported 9/2

DC21-1959

361.20

369.37

8.17

1.48

Reported 9/2

DC21-1959

378.85

403.29

24.44

14.65

Reported 9/2

including

386.79

393.29

6.50

33.52

Reported 9/2

DC21-1959

TOTAL

55.70

8.22

DC21-1960

ACMA

27.74

39.93

12.19

4.55

Reported 9/2

DC21-1960

138.20

147.68

9.48

2.52

Reported 9/2

DC21-1960

TOTAL

21.67

3.66

DC21-1961

Lewis

158.29

173.69

15.40

1.25

Reported 9/2

DC21-1961

275.54

281.28

5.74

42.24

Reported 9/2

including

275.54

280.28

4.74

50.76

Reported 9/2

DC21-1961

TOTAL

21.14

12.38

DC21-1962

Lewis

159.71

193.08

33.37

5.21

Reported 9/2

DC21-1962

201.08

216.90

15.82

2.77

DC21-1962

TOTAL

49.19

4.42

DC21-1963A

ACMA

114.30

155.27

40.97

10.54

Reported 9/2

including

117.24

132.20

14.96

22.22

Reported 9/2

DC21-1963A

167.22

171.22

4.00

1.73

Reported 9/2

DC21-1963A

TOTAL

44.97

9.76

DC21-1964

Divide

75.11

83.10

7.99

3.11

Reported 9/2

DC21-1964

93.10

100.70

7.60

1.40

Reported 9/2

DC21-1964

110.65

148.50

37.85

6.28

including

110.65

118.60

7.95

15.99

including

143.37

146.50

3.13

10.21

DC21-1964

161.50

167.25

5.75

2.96

DC21-1964

219.68

237.35

17.67

5.06

Reported 9/2

DC21-1964

255.59

304.70

49.11

4.88

Reported 9/2

including

275.00

278.30

3.30

25.25

Reported 9/2

DC21-1964

379.76

385.00

5.24

1.95

Reported 9/2

DC21-1964

TOTAL

131.21

4.80

DC21-1965

ACMA

143.64

146.85

3.21

6.42

Reported 9/2

DC21-1965

151.41

172.21

20.80

8.30

Reported 9/2

including

166.12

171.16

5.04

11.48

Reported 9/2

DC21-1965

TOTAL

24.01

8.05

DC21-1966

Lewis

83.00

89.00

6.00

30.80

Reported 9/2

DC21-1966

TOTAL

6.00

30.80

DC21-1967A

Divide

32.81

36.78

3.97

3.28

Reported 9/2

DC21-1967A

77.72

86.00

8.28

2.68

Reported 9/2

DC21-1967A

111.13

117.15

6.02

1.59

Reported 9/2

DC21-1967A

202.15

208.80

6.65

5.53

Reported 9/2

DC21-1967A

256.37

268.34

11.97

2.70

Reported 9/2

DC21-1967A

298.99

304.95

5.96

3.15

Reported 9/2

DC21-1967A

TOTAL

42.85

3.10

DC21-1968

Lewis

33.70

36.75

3.05

13.39

Reported 9/2

DC21-1968

TOTAL

3.05

13.39

DC21-1969

ACMA

125.67

140.95

15.28

3.52

DC21-1969

175.35

233.20

57.85

2.22

DC21-1969

252.30

287.37

35.07

2.68

Reported 9/2

DC21-1969

295.80

320.84

25.04

2.36

Reported 9/2

DC21-1969

326.84

354.00

27.16

7.97

Reported 9/2

including

330.40

343.79

13.39

14.88

Reported 9/2

DC21-1969

400.51

448.29

47.78

9.00

Reported 9/2

including

401.43

407.41

5.98

18.07

Reported 9/2

including

414.41

426.39

11.98

13.85

Reported 9/2

including

442.63

448.29

5.66

11.25

Reported 9/2

DC21-1969

457.80

467.56

9.76

1.62

Reported 9/2

DC21-1969

477.00

480.41

3.41

2.53

Reported 9/2

DC21-1969

TOTAL

221.35

4.55

DC21-1970

ACMA

8.50

14.50

6.00

2.40

Reported 9/2

DC21-1970

20.37

33.40

13.03

3.57

Reported 9/2

DC21-1970

41.40

49.08

7.68

11.61

Reported 9/2

including

44.88

49.08

4.20

18.92

Reported 9/2

DC21-1970

69.70

161.72

92.02

7.75

Reported 9/2

including

70.70

73.90

3.20

29.16

Reported 9/2

including

81.90

84.91

3.01

14.01

Reported 9/2

including

104.85

108.50

3.65

12.50

Reported 9/2

including

146.03

151.21

5.18

33.74

Reported 9/2

DC21-1970

173.19

192.34

19.15

12.57

including

179.19

191.34

12.15

17.28

DC21-1970

199.30

222.31

23.01

2.53

DC21-1970

TOTAL

160.89

7.22

DC21-1971

Lewis

10.30

24.34

14.04

2.70

Reported 9/2

DC21-1971

54.27

66.15

11.88

4.47

Reported 9/2

DC21-1971

128.86

139.97

11.11

4.41

Reported 9/2

DC21-1971

242.75

251.08

8.33

2.14

Reported 9/2

DC21-1971

263.68

267.63

3.95

1.51

Reported 9/2

DC21-1971

TOTAL

49.31

3.32

DC21-1972

Lewis

142.08

149.95

7.87

12.03

Reported 9/2

including

142.08

146.89

4.81

17.59

Reported 9/2

DC21-1972

174.77

177.87

3.10

3.06

Reported 9/2

DC21-1972

247.40

259.40

12.00

5.68

Reported 9/2

DC21-1972

TOTAL

22.97

7.50

DC21-1973

Lewis

4.42

12.04

7.62

2.07

Reported 9/2

DC21-1973

22.00

37.00

15.00

3.58

Reported 9/2

DC21-1973

61.50

65.15

3.65

18.87

DC21-1973

96.58

109.58

13.00

8.59

including

100.58

104.90

4.32

20.72

DC21-1973

137.57

146.57

9.00

6.52

including

138.57

141.57

3.00

12.07

DC21-1973

152.57

156.57

4.00

1.94

DC21-1973

164.57

168.57

4.00

1.89

DC21-1973

204.60

209.60

5.00

1.61

Reported 9/2

DC21-1973

239.40

243.40

4.00

5.78

Reported 9/2

DC21-1973

TOTAL

65.27

5.44

DC21-1974

ACMA

18.02

31.05

13.03

4.95

Reported 9/2

DC21-1974

102.50

106.50

4.00

5.23

Reported 9/2

DC21-1974

TOTAL

17.03

5.01

DC21-1975

Lewis

176.40

182.00

5.60

6.69

DC21-1975

193.60

209.79

16.19

4.33

DC21-1975

TOTAL

21.79

4.94

DC21-1976

ACMA

23.44

27.44

4.00

6.63

Reported 9/2

DC21-1976

158.80

167.34

8.54

2.38

DC21-1976

183.25

194.25

11.00

2.30

DC21-1976

205.65

215.65

10.00

2.27

DC21-1976

223.65

229.60

5.95

1.26

DC21-1976

251.55

257.50

5.95

3.40

DC21-1976

270.35

327.60

57.25

6.87

including

288.95

293.00

4.05

18.13

DC21-1976

341.60

366.90

25.30

4.77

including

342.39

346.00

3.61

12.92

DC21-1976

372.85

407.30

34.45

5.54

DC21-1976

449.98

474.75

24.77

5.34

DC21-1976

TOTAL

187.21

5.13

DC21-1977

Divide

61.82

65.82

4.00

4.07

Reported 9/2

DC21-1977

85.35

90.35

5.00

1.52

Reported 9/2

DC21-1977

103.58

113.00

9.42

2.65

Reported 9/2

DC21-1977

117.80

130.45

12.65

2.67

Reported 9/2

DC21-1977

140.35

150.35

10.00

2.03

Reported 9/2

DC21-1977

175.70

179.70

4.00

8.78

Reported 9/2

DC21-1977

187.70

198.02

10.32

3.66

Reported 9/2

DC21-1977

202.08

206.71

4.63

2.46

Reported 9/2

DC21-1977

221.25

228.99

7.74

9.57

Reported 9/2

DC21-1977

293.95

300.80

6.85

8.92

Reported 9/2

DC21-1977

315.80

329.33

13.53

6.48

Reported 9/2

including

325.33

328.33

3.00

27.33

Reported 9/2

DC21-1977

TOTAL

88.14

4.65

DC21-1978

ACMA

144.57

164.60

20.03

3.14

DC21-1978

240.50

250.30

9.80

12.53

including

242.50

249.30

6.80

16.92

DC21-1978

TOTAL

29.83

6.23

DC21-1979

Divide

4.11

10.52

6.41

3.71

DC21-1979

38.40

56.92

18.52

1.43

DC21-1979

70.85

78.75

7.90

3.12

DC21-1979

100.72

123.85

23.13

7.63

including

106.72

111.35

4.63

20.03

DC21-1979

165.51

172.85

7.34

2.87

DC21-1979

TOTAL

63.30

4.30

DC21-1980

Lewis

14.44

30.44

16.00

6.78

including

20.44

24.44

4.00

14.80

DC21-1980

38.04

49.00

10.96

4.30

DC21-1980

108.00

114.40

6.40

12.61

DC21-1980

138.52

151.56

13.04

3.74

Reported 9/2

DC21-1980

170.22

174.00

3.78

3.59

Reported 9/2

DC21-1980

202.00

206.00

4.00

2.09

Reported 9/2

DC21-1980

264.70

279.50

14.80

2.96

DC21-1980

285.40

289.35

3.95

2.25

DC21-1980

293.40

305.58

12.18

19.02

including

300.29

304.94

4.65

36.53

DC21-1980

318.25

343.40

25.15

5.06

including

328.57

333.03

4.46

15.88

DC21-1980

TOTAL

110.26

6.52

DC21-1981

ACMA

5.79

33.55

27.76

1.89

Reported 9/2

DC21-1981

38.64

81.24

42.60

1.91

Reported 9/2

DC21-1981

100.50

106.50

6.00

5.93

DC21-1981

120.24

126.08

5.84

1.28

DC21-1981

169.10

172.13

3.03

2.26

DC21-1981

TOTAL

85.23

2.16

DC21-1982

Lewis

2.44

6.44

4.00

6.46

DC21-1982

70.00

93.21

23.21

2.89

DC21-1982

167.84

170.86

3.02

14.62

DC21-1982

174.93

180.44

5.51

7.01

DC21-1982

TOTAL

35.74

4.92

DC21-1983A

Lewis

113.23

124.27

11.04

1.73

DC21-1983A

290.00

301.00

11.00

5.42

DC21-1983A

305.31

317.31

12.00

2.43

DC21-1983A

TOTAL

34.04

3.17

DC21-1985

Lewis

12.95

24.99

12.04

2.94

DC21-1985

53.78

58.00

4.22

7.22

DC21-1985

62.94

92.30

29.36

3.28

DC21-1985

TOTAL

45.62

3.55

DC21-1986

ACMA

128.10

139.54

11.44

1.57

DC21-1986

154.60

158.68

4.08

2.62

DC21-1986

177.45

191.11

13.66

2.88

DC21-1986

209.85

225.85

16.00

2.96

DC21-1986

234.80

244.50

9.70

7.12

DC21-1986

251.10

300.80

49.70

3.96

DC21-1986

TOTAL

104.58

3.65

DC21-1987

Divide

58.87

64.80

5.93

3.00

DC21-1987

185.49

195.84

10.35

1.88

DC21-1987

225.40

230.83

5.43

1.07

DC21-1987

TOTAL

21.71

1.99

DC21-1988

Lewis

131.12

144.70

13.58

1.25

DC21-1988

TOTAL

13.58

1.25

DC21-1989

Divide

135.34

148.60

13.26

5.63

DC21-1989

156.16

169.45

13.29

2.82

DC21-1989

175.45

192.02

16.57

3.76

DC21-1989

TOTAL

43.12

4.04

DC21-1990

Divide

5.35

9.62

4.27

1.94

DC21-1990

45.45

57.30

11.85

6.57

DC21-1990

70.66

74.62

3.96

6.06

DC21-1990

79.49

83.49

4.00

4.70

DC21-1990

100.42

106.95

6.53

1.00

DC21-1990

TOTAL

30.61

4.43

DC21-1991

Lewis

8.20

11.86

3.66

5.11

DC21-1991

247.58

251.60

4.02

1.51

DC21-1991

257.45

277.56

20.11

1.40

DC21-1991

294.74

298.36

3.62

1.62

DC21-1991

TOTAL

31.41

1.87

DC21-1992

Divide

63.89

66.95

3.06

2.89

DC21-1992

74.43

97.68

23.25

3.96

DC21-1992

124.36

140.72

16.36

2.97

DC21-1992

170.65

174.96

4.31

5.58

DC21-1992

264.57

281.86

17.29

4.66

DC21-1992

TOTAL

64.27

3.95

DC21-1993A

Divide

94.63

111.67

17.04

2.76

DC21-1993A

131.37

135.35

3.98

2.18

DC21-1993A

229.23

237.20

7.97

1.24

DC21-1993A

TOTAL

28.99

2.26

DC21-1994

ACMA

0.00

33.53

33.53

5.89

including

9.24

15.30

6.06

15.22

DC21-1994

441.86

488.72

46.86

3.28

including

453.96

457.96

4.00

12.35

DC21-1994

TOTAL

80.39

4.37

DC21-1995

Lewis

125.33

132.85

7.52

5.32

DC21-1995

184.25

191.30

7.05

5.40

DC21-1995

195.40

199.33

3.93

1.25

DC21-1995

TOTAL

18.50

4.49

DC21-1998

Lewis

184.80

190.73

5.93

1.38

DC21-1998

197.68

201.75

4.07

2.26

DC21-1998

265.81

268.94

3.13

1.96

DC21-1998

273.75

279.42

5.67

2.14

DC21-1998

TOTAL

18.80

1.90

DC21-1999

Lewis

221.59

226.66

5.07

6.32

DC21-1999

358.00

384.40

26.40

4.14

DC21-1999

TOTAL

31.47

4.49

DC21-2000

Lewis

156.97

162.97

6.00

6.65

DC21-2000

TOTAL

6.00

6.65

DC21-2003

Divide

30.18

34.00

3.82

1.45

DC21-2003

TOTAL

3.82

1.45

DC21-2004

Lewis

153.20

162.60

9.40

4.09

DC21-2004

TOTAL

9.40

4.09

DC21-2006

Lewis

112.15

122.15

10.00

2.90

DC21-2006

149.70

163.69

13.99

1.57

DC21-2006

169.25

183.49

14.24

2.65

DC21-2006

TOTAL

38.23

2.32

DC21-2007

Divide

155.36

170.01

14.65

5.88

including

157.40

161.17

3.77

13.97

DC21-2007

227.51

234.85

7.34

7.67

DC21-2007

285.40

297.61

12.21

5.05

DC21-2007

TOTAL

34.20

5.97

DC21-2008

Lewis

84.87

87.92

3.05

2.49

DC21-2008

TOTAL

3.05

2.49

DC21-2009

ACMA

73.79

82.37

8.58

2.72

DC21-2009

TOTAL

8.58

2.72

DC21-2010

Lewis

30.12

35.27

5.15

1.69

DC21-2010

277.00

280.00

3.00

18.40

including

277.00

280.00

3.00

18.40

DC21-2010

TOTAL

8.15

7.84

DC21-2011

ACMA

113.18

123.30

10.12

2.31

DC21-2011

131.34

156.74

25.40

3.57

DC21-2011

162.00

179.33

17.33

2.22

DC21-2011

TOTAL

52.85

2.89

DC21-2022

ACMA

120.94

127.70

6.76

3.63

DC21-2022

TOTAL

6.76

3.63

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 0 m to 37.01 m in DC21-1956B, 217.90 m to 289.26 m in DC21-1962, 127.81 m to 240.27 m and 349.46 m to 443.03 m in DC21-1984, 92.30 m to 192.10 m in DC21-1985, 0 m to 97.45 m in DC21-1986, 108.05 m to 342.29 m in DC21-1990, 247.20 m to 364.80 m in DC21-1993A, 207.31 m to 382.55 m in DC21-1994, 0 m to 179.11 m and 290.56 m to 326.90 m in DC21-1998, 231.45 m to 342.00 m in DC21-1999, 211.00 m to 438.91 m in DC21-2000, 123.00 m to 226.11 m in DC21-2001, 126.70 m to 402.95 m in DC21-2003, 0 m to 129.25 m in DC21-2004, 0 m to 148.46 m in DC21-2005, 226.03 m to 249.94 m in DC21-2006, 0 m to 101.61 m and 410.11 m to 434.80 m in DC21-2007, 190.94 m to 199.95 m in DC21-2008, 86.22 m to 289.26 m in DC21-2009, 108.66 m to 276.00 m in DC21-2010, 0 m to 96.04 m and 192.58 m to 280.11 m in DC21-2011, and 0 m to 42.58 m and 127.70 m to 254.51 m in DC21-2022. Assay data are not yet available for all of holes DC21-2002, DC21-2012 through DC21-2021, and DC21-2023 through DC21-2032.


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