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

HoleAzimuth (°)Inclination (°)Depth (m)
DC21-195234974319.7
DC21-195330270222.5
DC21-195435360480.4
DC21-195512856313.3
DC21-1956B33565315.3
DC21-195728166223.7
DC21-195833254350.2
DC21-195935659483.1
DC21-196035160214.9
DC21-196116459291.4
DC21-196223158289.3
DC21-1963A18871224.9
DC21-196434956469.5
DC21-196519172225.3
DC21-196634679150.0
DC21-1967A33055350.2
DC21-196816246177.7
DC21-196928256549.9
DC21-197027263306.0
DC21-197116057274.5
DC21-197234562349.9
DC21-197335060255.1
DC21-197430968206.7
DC21-197514157322.8
DC21-197627460502.3
DC21-1977368350.2
DC21-19782961324.9
DC21-197935558274.9
DC21-198035366353.0
DC21-198128284254.8
DC21-198235658224.9
DC21-1983A35066400.1
DC21-19842366443.0
DC21-198516849249.9
DC21-198627670399.9
DC21-198734566399.9
DC21-198815356279.2
DC21-1989764349.9
DC21-199034669342.3
DC21-199116559322.5
DC21-199234061349.9
DC21-1993A32163409.4
DC21-199429366504.1
DC21-199515562279.8
DC21-199835258326.9
DC21-199915457422.9
DC21-200034164438.9
DC21-2001965299.9
DC21-200334167403.0
DC21-200413758300.1
DC21-200534658245.4
DC21-200633965249.9
DC21-200735467434.8
DC21-2008974200.0
DC21-200933460289.3
DC21-201014558303.3
DC21-201133157280.1
DC21-202233659254.5

* 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 IDAreaFrom

(Meters)		To

(Meters)		Length

(Meters)		Au Grade

(Au g/t)		 
DC21-1952ACMA50.1568.6518.501.90Reported 9/2
DC21-1952 117.90134.9517.053.19Reported 9/2
DC21-1952 229.35246.0516.701.60Reported 9/2
DC21-1952 252.05273.3521.303.07Reported 9/2
DC21-1952 TOTAL 73.552.47 
DC21-1954Divide43.0663.5120.451.46Reported 9/2
DC21-1954 75.3581.956.604.34Reported 9/2
DC21-1954 90.0797.607.533.04Reported 9/2
DC21-1954 118.60147.2228.621.81Reported 9/2
DC21-1954 151.25158.987.731.65Reported 9/2
DC21-1954 267.65272.805.152.94Reported 9/2
DC21-1954 285.80296.8011.003.71Reported 9/2
DC21-1954 353.46359.846.382.87Reported 9/2
DC21-1954 427.42431.143.723.16Reported 9/2
DC21-1954 TOTAL 97.182.39 
DC21-1955ACMA70.4574.454.003.06Reported 9/2
DC21-1955 110.55125.2114.664.51Reported 9/2
DC21-1955 179.58182.583.004.91Reported 9/2
DC21-1955 218.66224.005.347.06Reported 9/2
DC21-1955 TOTAL 27.004.84 
DC21-1956BDivide37.0159.7422.733.09 
DC21-1956B 95.05110.3015.254.79 
DC21-1956B 190.97208.9017.932.53Reported 9/2
DC21-1956B 260.50275.6615.162.20Reported 9/2
DC21-1956B TOTAL 71.073.12 
DC21-1957ACMA139.92142.923.0022.25Reported 9/2
DC21-1957 TOTAL 3.0022.25 
DC21-1958Divide22.4630.307.842.07Reported 9/2
DC21-1958 108.18119.7011.523.27Reported 9/2
DC21-1958 132.80136.403.601.69Reported 9/2
DC21-1958 210.10223.9313.835.55Reported 9/2
DC21-1958 260.56266.876.311.36Reported 9/2
DC21-1958 288.31294.446.131.28Reported 9/2
DC21-1958 TOTAL 49.233.11 
DC21-1959Divide44.7548.754.002.76Reported 9/2
DC21-1959 199.66213.8814.224.92Reported 9/2
DC21-1959 279.20284.074.871.45Reported 9/2
DC21-1959 361.20369.378.171.48Reported 9/2
DC21-1959 378.85403.2924.4414.65Reported 9/2
including 386.79393.296.5033.52Reported 9/2
DC21-1959 TOTAL 55.708.22 
DC21-1960ACMA27.7439.9312.194.55Reported 9/2
DC21-1960 138.20147.689.482.52Reported 9/2
DC21-1960 TOTAL 21.673.66 
DC21-1961Lewis158.29173.6915.401.25Reported 9/2
DC21-1961 275.54281.285.7442.24Reported 9/2
including 275.54280.284.7450.76Reported 9/2
DC21-1961 TOTAL 21.1412.38 
DC21-1962Lewis159.71193.0833.375.21Reported 9/2
DC21-1962 201.08216.9015.822.77 
DC21-1962 TOTAL 49.194.42 
DC21-1963AACMA114.30155.2740.9710.54Reported 9/2
including 117.24132.2014.9622.22Reported 9/2
DC21-1963A 167.22171.224.001.73Reported 9/2
DC21-1963A TOTAL 44.979.76 
DC21-1964Divide75.1183.107.993.11Reported 9/2
DC21-1964 93.10100.707.601.40Reported 9/2
DC21-1964 110.65148.5037.856.28 
including 110.65118.607.9515.99 
including 143.37146.503.1310.21 
DC21-1964 161.50167.255.752.96 
DC21-1964 219.68237.3517.675.06Reported 9/2
DC21-1964 255.59304.7049.114.88Reported 9/2
including 275.00278.303.3025.25Reported 9/2
DC21-1964 379.76385.005.241.95Reported 9/2
DC21-1964 TOTAL 131.214.80 
DC21-1965ACMA143.64146.853.216.42Reported 9/2
DC21-1965 151.41172.2120.808.30Reported 9/2
including 166.12171.165.0411.48Reported 9/2
DC21-1965 TOTAL 24.018.05 
DC21-1966Lewis83.0089.006.0030.80Reported 9/2
DC21-1966 TOTAL 6.0030.80 
DC21-1967ADivide32.8136.783.973.28Reported 9/2
DC21-1967A 77.7286.008.282.68Reported 9/2
DC21-1967A 111.13117.156.021.59Reported 9/2
DC21-1967A 202.15208.806.655.53Reported 9/2
DC21-1967A 256.37268.3411.972.70Reported 9/2
DC21-1967A 298.99304.955.963.15Reported 9/2
DC21-1967A TOTAL 42.853.10 
DC21-1968Lewis33.7036.753.0513.39Reported 9/2
DC21-1968 TOTAL 3.0513.39 
DC21-1969ACMA125.67140.9515.283.52 
DC21-1969 175.35233.2057.852.22 
DC21-1969 252.30287.3735.072.68Reported 9/2
DC21-1969 295.80320.8425.042.36Reported 9/2
DC21-1969 326.84354.0027.167.97Reported 9/2
including 330.40343.7913.3914.88Reported 9/2
DC21-1969 400.51448.2947.789.00Reported 9/2
including 401.43407.415.9818.07Reported 9/2
including 414.41426.3911.9813.85Reported 9/2
including 442.63448.295.6611.25Reported 9/2
DC21-1969 457.80467.569.761.62Reported 9/2
DC21-1969 477.00480.413.412.53Reported 9/2
DC21-1969 TOTAL 221.354.55 
DC21-1970ACMA8.5014.506.002.40Reported 9/2
DC21-1970 20.3733.4013.033.57Reported 9/2
DC21-1970 41.4049.087.6811.61Reported 9/2
including 44.8849.084.2018.92Reported 9/2
DC21-1970 69.70161.7292.027.75Reported 9/2
including 70.7073.903.2029.16Reported 9/2
including 81.9084.913.0114.01Reported 9/2
including 104.85108.503.6512.50Reported 9/2
including 146.03151.215.1833.74Reported 9/2
DC21-1970 173.19192.3419.1512.57 
including 179.19191.3412.1517.28 
DC21-1970 199.30222.3123.012.53 
DC21-1970 TOTAL 160.897.22 
DC21-1971Lewis10.3024.3414.042.70Reported 9/2
DC21-1971 54.2766.1511.884.47Reported 9/2
DC21-1971 128.86139.9711.114.41Reported 9/2
DC21-1971 242.75251.088.332.14Reported 9/2
DC21-1971 263.68267.633.951.51Reported 9/2
DC21-1971 TOTAL 49.313.32 
DC21-1972Lewis142.08149.957.8712.03Reported 9/2
including 142.08146.894.8117.59Reported 9/2
DC21-1972 174.77177.873.103.06Reported 9/2
DC21-1972 247.40259.4012.005.68Reported 9/2
DC21-1972 TOTAL 22.977.50 
DC21-1973Lewis4.4212.047.622.07Reported 9/2
DC21-1973 22.0037.0015.003.58Reported 9/2
DC21-1973 61.5065.153.6518.87 
DC21-1973 96.58109.5813.008.59 
including 100.58104.904.3220.72 
DC21-1973 137.57146.579.006.52 
including 138.57141.573.0012.07 
DC21-1973 152.57156.574.001.94 
DC21-1973 164.57168.574.001.89 
DC21-1973 204.60209.605.001.61Reported 9/2
DC21-1973 239.40243.404.005.78Reported 9/2
DC21-1973 TOTAL 65.275.44 
DC21-1974ACMA18.0231.0513.034.95Reported 9/2
DC21-1974 102.50106.504.005.23Reported 9/2
DC21-1974 TOTAL 17.035.01 
DC21-1975Lewis176.40182.005.606.69 
DC21-1975 193.60209.7916.194.33 
DC21-1975 TOTAL 21.794.94 
DC21-1976ACMA23.4427.444.006.63Reported 9/2
DC21-1976 158.80167.348.542.38 
DC21-1976 183.25194.2511.002.30 
DC21-1976 205.65215.6510.002.27 
DC21-1976 223.65229.605.951.26 
DC21-1976 251.55257.505.953.40 
DC21-1976 270.35327.6057.256.87 
including 288.95293.004.0518.13 
DC21-1976 341.60366.9025.304.77 
including 342.39346.003.6112.92 
DC21-1976 372.85407.3034.455.54 
DC21-1976 449.98474.7524.775.34 
DC21-1976 TOTAL 187.215.13 
DC21-1977Divide61.8265.824.004.07Reported 9/2
DC21-1977 85.3590.355.001.52Reported 9/2
DC21-1977 103.58113.009.422.65Reported 9/2
DC21-1977 117.80130.4512.652.67Reported 9/2
DC21-1977 140.35150.3510.002.03Reported 9/2
DC21-1977 175.70179.704.008.78Reported 9/2
DC21-1977 187.70198.0210.323.66Reported 9/2
DC21-1977 202.08206.714.632.46Reported 9/2
DC21-1977 221.25228.997.749.57Reported 9/2
DC21-1977 293.95300.806.858.92Reported 9/2
DC21-1977 315.80329.3313.536.48Reported 9/2
including 325.33328.333.0027.33Reported 9/2
DC21-1977 TOTAL 88.144.65 
DC21-1978ACMA144.57164.6020.033.14 
DC21-1978 240.50250.309.8012.53 
including 242.50249.306.8016.92 
DC21-1978 TOTAL 29.836.23 
DC21-1979Divide4.1110.526.413.71 
DC21-1979 38.4056.9218.521.43 
DC21-1979 70.8578.757.903.12 
DC21-1979 100.72123.8523.137.63 
including 106.72111.354.6320.03 
DC21-1979 165.51172.857.342.87 
DC21-1979 TOTAL 63.304.30 
DC21-1980Lewis14.4430.4416.006.78 
including 20.4424.444.0014.80 
DC21-1980 38.0449.0010.964.30 
DC21-1980 108.00114.406.4012.61 
DC21-1980 138.52151.5613.043.74Reported 9/2
DC21-1980 170.22174.003.783.59Reported 9/2
DC21-1980 202.00206.004.002.09Reported 9/2
DC21-1980 264.70279.5014.802.96 
DC21-1980 285.40289.353.952.25 
DC21-1980 293.40305.5812.1819.02 
including 300.29304.944.6536.53 
DC21-1980 318.25343.4025.155.06 
including 328.57333.034.4615.88 
DC21-1980 TOTAL 110.266.52 
DC21-1981ACMA5.7933.5527.761.89Reported 9/2
DC21-1981 38.6481.2442.601.91Reported 9/2
DC21-1981 100.50106.506.005.93 
DC21-1981 120.24126.085.841.28 
DC21-1981 169.10172.133.032.26 
DC21-1981 TOTAL 85.232.16 
DC21-1982Lewis2.446.444.006.46 
DC21-1982 70.0093.2123.212.89 
DC21-1982 167.84170.863.0214.62 
DC21-1982 174.93180.445.517.01 
DC21-1982 TOTAL 35.744.92 
DC21-1983ALewis113.23124.2711.041.73 
DC21-1983A 290.00301.0011.005.42 
DC21-1983A 305.31317.3112.002.43 
DC21-1983A TOTAL 34.043.17 
DC21-1985Lewis12.9524.9912.042.94 
DC21-1985 53.7858.004.227.22 
DC21-1985 62.9492.3029.363.28 
DC21-1985 TOTAL 45.623.55 
DC21-1986ACMA128.10139.5411.441.57 
DC21-1986 154.60158.684.082.62 
DC21-1986 177.45191.1113.662.88 
DC21-1986 209.85225.8516.002.96 
DC21-1986 234.80244.509.707.12 
DC21-1986 251.10300.8049.703.96 
DC21-1986 TOTAL 104.583.65 
DC21-1987Divide58.8764.805.933.00 
DC21-1987 185.49195.8410.351.88 
DC21-1987 225.40230.835.431.07 
DC21-1987 TOTAL 21.711.99 
DC21-1988Lewis131.12144.7013.581.25 
DC21-1988 TOTAL 13.581.25 
DC21-1989Divide135.34148.6013.265.63 
DC21-1989 156.16169.4513.292.82 
DC21-1989 175.45192.0216.573.76 
DC21-1989 TOTAL 43.124.04 
DC21-1990Divide5.359.624.271.94 
DC21-1990 45.4557.3011.856.57 
DC21-1990 70.6674.623.966.06 
DC21-1990 79.4983.494.004.70 
DC21-1990 100.42106.956.531.00 
DC21-1990 TOTAL 30.614.43 
DC21-1991Lewis8.2011.863.665.11 
DC21-1991 247.58251.604.021.51 
DC21-1991 257.45277.5620.111.40 
DC21-1991 294.74298.363.621.62 
DC21-1991 TOTAL 31.411.87 
DC21-1992Divide63.8966.953.062.89 
DC21-1992 74.4397.6823.253.96 
DC21-1992 124.36140.7216.362.97 
DC21-1992 170.65174.964.315.58 
DC21-1992 264.57281.8617.294.66 
DC21-1992 TOTAL 64.273.95 
DC21-1993ADivide94.63111.6717.042.76 
DC21-1993A 131.37135.353.982.18 
DC21-1993A 229.23237.207.971.24 
DC21-1993A TOTAL 28.992.26 
DC21-1994ACMA0.0033.5333.535.89 
including 9.2415.306.0615.22 
DC21-1994 441.86488.7246.863.28 
including 453.96457.964.0012.35 
DC21-1994 TOTAL 80.394.37 
DC21-1995Lewis125.33132.857.525.32 
DC21-1995 184.25191.307.055.40 
DC21-1995 195.40199.333.931.25 
DC21-1995 TOTAL 18.504.49 
DC21-1998Lewis184.80190.735.931.38 
DC21-1998 197.68201.754.072.26 
DC21-1998 265.81268.943.131.96 
DC21-1998 273.75279.425.672.14 
DC21-1998 TOTAL 18.801.90 
DC21-1999Lewis221.59226.665.076.32 
DC21-1999 358.00384.4026.404.14 
DC21-1999 TOTAL 31.474.49 
DC21-2000Lewis156.97162.976.006.65 
DC21-2000 TOTAL 6.006.65 
DC21-2003Divide30.1834.003.821.45 
DC21-2003 TOTAL 3.821.45 
DC21-2004Lewis153.20162.609.404.09 
DC21-2004 TOTAL 9.404.09 
DC21-2006Lewis112.15122.1510.002.90 
DC21-2006 149.70163.6913.991.57 
DC21-2006 169.25183.4914.242.65 
DC21-2006 TOTAL 38.232.32 
DC21-2007Divide155.36170.0114.655.88 
including 157.40161.173.7713.97 
DC21-2007 227.51234.857.347.67 
DC21-2007 285.40297.6112.215.05 
DC21-2007 TOTAL 34.205.97 
DC21-2008Lewis84.8787.923.052.49 
DC21-2008 TOTAL 3.052.49 
DC21-2009ACMA73.7982.378.582.72 
DC21-2009 TOTAL 8.582.72 
DC21-2010Lewis30.1235.275.151.69 
DC21-2010 277.00280.003.0018.40 
including 277.00280.003.0018.40 
DC21-2010 TOTAL 8.157.84 
DC21-2011ACMA113.18123.3010.122.31 
DC21-2011 131.34156.7425.403.57 
DC21-2011 162.00179.3317.332.22 
DC21-2011 TOTAL 52.852.89 
DC21-2022ACMA120.94127.706.763.63 
DC21-2022 TOTAL 6.763.63 

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.