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Donlin Gold Announces Final Assay Results for 2022 Drill Program

NOVAGOLD RESOURCES INC.
NOVAGOLD RESOURCES INC.

Highlights Include Numerous High-Grade Gold Intercepts and the Advancement of Key Project Efforts

Figure 1: Drill Hole Collar Locations

Figure 1: Drill Hole Collar Locations
Figure 1: Drill Hole Collar Locations

ANCHORAGE, Alaska, Jan. 19, 2023 (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 the release of the final set of assay results from the 2022 drill program. The assay results for the final 44 drill holes and full 2022 drill program are reported in Table 2 in the Appendix.

The comprehensive 141-hole, 42,331-meter (m) drill program was safely and successfully completed ahead of schedule, under budget and included multiple high-grade gold intercepts reported from the latest set of assays. These include DC22-2130 that intersected 17.20 m grading 11.11 g/t gold, with a sub-interval of 4.25 m grading 36.91 g/t gold.

The results from the 2022 drill program reconcile favorably with the resource model as well as further support the global resource estimate and recent modelling concepts.

Donlin Gold continued to work in partnership with Alaska Native landowners Calista Corporation (“Calista”) and The Kuskokwim Corporation (TKC) in stakeholder and government engagement in the Yukon-Kuskokwim (Y-K) region, Alaska, and Washington, D.C.

Environmental and social investment focused on the Y-K region included support for important health and safety initiatives in remote communities, cultural preservation efforts, and educational programming in collaboration with school districts and other organizations.

Donlin Gold continued to advance state permitting efforts, including the renewal of air and water permits in 2022.

With an increased appreciation of the geology, the experienced team will continue to focus on updating the resource model and completing trade-off studies — all of which are moving the Donlin Gold project up the value chain and leading toward an updated feasibility study decision.

Statements by the Owners

Mark Bristow, Barrick’s President and CEO, said: “As a successful 2022 drill program comes to a close, we are now well positioned to begin our 2023 work, which will consist of reviewing a series of key trade-off studies, assessing mining scenarios, and continuing with permitting and regulatory engagement, along with our community partners.”

ANNUNCIO PUBBLICITARIO

Greg Lang, NOVAGOLD’s President and CEO, said: “We could not be happier with the outcome of this season’s drill program, Donlin Gold’s largest campaign in 15 years. From the earliest to the very last results, the assay labs returned some of the best intercepts since the project’s inception — and indeed among open-pit gold projects. With this highly successful exercise behind us, followed by the completion of the resource model and trade-off studies, the owners look forward to supporting the Donlin Gold team and its partners Calista and TKC in positioning the project for the next steps in taking Donlin Gold up the value chain for the benefit of all stakeholders.”

Dan Graham, General Manager of Donlin Gold added, “The 2022 drill campaign was a resounding success in which all involved can take great pride. It represents the product of the exceptional spirit of teamwork exhibited by Donlin Gold, Calista and TKC. Our collective dedication to the highest standards of safety, social responsibility, and environmental stewardship is why the 2022 drilling was completed ahead of schedule but also without any lost-time incidents.”

Most Important Drill Program in Over a Decade Progresses the Donlin Gold Deposit and Advances Key Project Efforts

Donlin Gold’s 2022 drill program was completed in September with 141 holes drilled for a total of 42,331 m. The final set of results released today include assays for 37 complete and 7 partial holes, encompassing the remaining 12,762 m of length drilled. Drilling in 2022 returned some of the best assay results seen to date at Donlin Gold. The success of this program is due to the exceptional dedication of the Donlin Gold team in Anchorage and at site, the majority of which were local hires from 24 different communities in the Y-K region, who all share the goal of protecting the health and safety of their colleagues and environmental stewardship.

As part of the key focus area for the drill program, tight-spaced grid drilling in the representative areas within the main structural domains of the deposit (Lewis – further infilled to 10m x 10m, West ACMA and Divide areas) confirmed recent geological modelling at wider drill-spacing in the immediate area surrounding the grids. It also identified additional short-scale controls that will be incorporated in an update to improve the geological domains used for global resource estimation, which will be used for strategic mine planning work. In addition, the 14 geotechnical drill holes provided results for advancing efforts to complete the application for the Alaska Dam Safety Certifications.

With the receipt of the final assay results for the 2022 drill program (which returned significant high-grade intercepts and continued to demonstrate important grade continuity), an update of the resource model, and completion of trade-off studies, the owners expect to take the next steps in bringing Donlin Gold up the value chain.

Five of the top intervals received from the final set of 2022 assay results released today include:

 

DC22-2130 intersected 17.20 m grading 11.11 g/t gold starting at 902.45 m drilled depth, including a sub-interval of 4.25 m grading 36.91 g/t gold starting at 903.14 m drilled depth, the true widths of the mineralization across this interval and sub-interval are estimated to be 13 m and 3 m, respectively.

 

DC22-2183 intersected 24.27 m grading 7.56 g/t gold starting at 62.53 m drilled depth, including a sub-interval of 5.48 m grading 23.27 g/t gold starting at 69.81 m drilled depth, the true widths of the mineralization across this interval and sub-interval are estimated to be 16 m and 4 m, respectively.

 

DC22-2177 intersected 29.31 m grading 6.01 g/t gold starting at 168.51 m drilled depth, including a sub-interval of 3.08 m grading 13.46 g/t gold starting at 182.50 m drilled depth, the true widths of the mineralization across this interval and sub-interval are estimated to be 18 m and 2 m, respectively.

 

DC22-2168 intersected 21.75 m grading 7.12 g/t gold starting at 48.48 m drilled depth, including a sub-interval of 4.16 m grading 25.99 g/t gold starting at 63.13 m drilled depth, the true widths of the mineralization across this interval and sub-interval are estimated to be 15 m and 3 m, respectively.

 

DC22-2179 intersected 17.27 m grading 8.92 g/t gold starting at 41.32 m drilled depth, the true width of the mineralization across this interval is estimated to be 12 m.

Earlier assay results from the 2022 drill program were disclosed in media releases on July 28 and November 1, 2022.

Drill hole collar locations as well as five of the top intervals from the final assay results 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.

Stakeholder and Government Engagement

The Donlin Gold project continues to work with Calista and TKC in all aspects of outreach and engagement throughout the Y-K region. Crooked Creek, the closest community to the project site in the Y-K region formally expressed their support of Donlin Gold. Three additional Shared Value Statements were also signed with villages in the Y-K region in the last three months for a total of 11. These formalize current engagement with key local communities, expand upon the long-term relationships already established with them, and address specific community needs including water, sewer, and solid waste projects; the ice road that connects remote villages in the Y-K region; salmon and other aquatic life studies; and suicide prevention and public safety programs. Local hires from the 2022 drill program will continue to support Donlin Gold’s engagement efforts through the Community Liaison program in five Y-K villages.

Calista and Donlin Gold continued their proactive, bipartisan outreach in Alaska and with the Administration and Congress in Washington, D.C. to highlight the thoroughness of the project’s environmental review and permitting processes, in addition to the considerable benefits that the project would deliver to all Native Alaskans. Alaska U.S. Senator Lisa Murkowski and Governor Michael Dunleavy were re-elected in the November 2022 United States mid-term elections, and along with U.S. Senator Dan Sullivan, have all been long-term supporters of the Donlin Gold project. We also recognize the historic re-election of U.S. Representative Mary Peltola for a full term as the first Alaska Native to join Congress and look forward to our continued outreach to her regarding Donlin Gold in the coming year.

Environment and Social Investments

Environmental stewardship, education, community wellness, and cultural preservation constitute key focus investments for Donlin Gold in the Y-K region. The project supports these initiatives through fishery studies and other environmental activities, subsistence and cultural preservation efforts, and educational grants. A wide range of activities and projects were carried out in collaboration with Calista and TKC in the fourth quarter. Donlin Gold supported various search and rescue teams in the region, provided funding to the Healthy Alaska Natives Foundation and Bethel Community Services Foundation, as well as sponsored and participated in the Alaska Safe Riders initiative, which promotes safety for year-round outdoor sports. Donlin Gold fostered education, community wellness and cultural preservation through a variety of interventions including several river studies, supporting the local school district and educational organizations, funding and participating in youth sporting activities, and backing initiatives led by Traditional Councils and Native communities.

Permitting Update

Donlin Gold is a federally permitted project on private Alaska Native Corporation land designated, by law, for mining and owned by Calista and TKC, with whom we have an excellent and longstanding partnership. Permitting in Alaska represents a substantial undertaking that takes several years to ensure a diligent, thorough, transparent, and inclusive process for all involved, including stakeholders from the Y-K region. As committed partners to the second largest gold-producing state in one of the world’s premier jurisdictions, we welcome a process that enhances our social and environmental license for decades to come.

In 2022, Donlin Gold applied for a new air quality permit from the Alaska Department of Environmental Conservation (ADEC) and a draft permit was issued for public comment in December 2022. Donlin Gold also submitted its application to ADEC for the regularly scheduled reissuance of its Alaska Pollutant Discharge Elimination System permit and in December 2022, ADEC sent a letter indicating that the application is complete and the permit will remain in effect until ADEC completes the reissuance process. On November 1, 2022, the Alaska Department of Natural Resources (ADNR) finalized the re-location plan for public easements in the mine site and transportation facility areas; these decisions were not appealed.

As this is the norm in the United States, we have always prepared and organized ourselves for potential challenges to the Federal and State permitting processes. Our project leadership and litigation teams are intimately familiar with the processes that need to be followed. Donlin Gold and its owners, alongside the steadfast advocacy of Calista and TKC, continue to support the State and Federal government agencies in the defense of what has constituted an exceptionally thorough and diligent permitting process.

Donlin Gold 2023 Outlook

The 2023 budget for Donlin Gold (on a 100 percent basis) is set at approximately $34 million, split equally between the two owners. The 2023 work program will allow Donlin Gold to advance engineering activities, geologic modelling and interpretation work, current permits, fieldwork for the Alaska Dam Safety certificates, environmental studies, and community relations and government affairs activities.

The owners will continue to progress the Donlin Gold project as they have done consistently to date in a financially disciplined manner and with a focus on a strong safety culture, environmental stewardship, engineering excellence, 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 the Donlin Gold project 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 TKC, a collection of ten 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.

_____________________________________

1 Donlin Gold data as per the 2021 Technical Report and S-K 1300 Report (both as defined herein). Donlin Gold possesses 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 and inclusive of Mineral Reserves, of which approximately 4 Mt of Measured Resources and approximately 267 Mt of Indicated Resources inclusive of Reserves is attributable to NOVAGOLD through its 50% ownership interest in Donlin Gold LLC. Exclusive of Mineral Reserves, Donlin Gold possesses Measured Resources of approximately 1 Mt grading 2.23 g/t and Indicated Resources of approximately 69 Mt grading 2.44 g/t, of which approximately 0.5 Mt of Measured Resources and approximately 35 Mt of Indicated Resources exclusive of Mineral Reserves is attributable to NOVAGOLD. Mineral Resources have been estimated in accordance with NI 43-101 and S-K 1300.

FIGURE 1 Drill Hole Collar Locations


NOVAGOLD 2022 drill program final assays
NOVAGOLD 2022 drill program final assays

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c5bebed0-c8da-47fd-9075-e931799b8c0c

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 95% core recovery has been achieved during the 2022 drill program. Core was logged, cut, and sampled at site by Donlin Gold employees. The 43 Lewis grid infill drill holes were sampled as whole-core. Samples were primarily collected on one- to two-meter lengths. Sampled half- and whole-core were 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 2020, 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 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., 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., 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 whether to prepare a feasibility study update; anticipated benefits from recent drill programs including an improved geological model for the Donlin Gold project; 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 the Donlin Gold project; the potential development and construction of Donlin Gold; the sufficiency of funds to continue to advance development of the Donlin Gold project; 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; the outcome of legal challenges to Donlin Gold’s permits; 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 ID

Azimuth
(°)

Inclination
(°)

Depth
(meters)

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

DC22-2112

316

58

559.31

DC22-2113

334

63

259.99

DC22-2114

334

61

256.95

DC22-2115

334

60

311.05

DC22-2116

283

57

900.68

DC22-2118

332

61

280.87

DC22-2119

333

60

191.41

DC22-2120

335

60

188.06

DC22-2121

300

59

599.54

DC22-2122

325

58

252.98

DC22-2123

333

60

190.50

DC22-2124

332

59

116.13

DC22-2125

332

59

123.29

DC22-2126

333

60

130.76

DC22-2127

332

57

149.35

DC22-2128

242

59

249.94

DC22-2129

334

59

175.26

DC22-2130

285

56

949.91

DC22-2131

333

57

192.63

DC22-2132

334

62

623.01

DC22-2133

58

56

260.30

DC22-2134

336

55

312.88

DC22-2135

300

59

550.47

DC22-2136

334

58

210.01

DC22-2137

333

58

243.54

DC22-2138

334

61

257.25

DC22-2139

221

74

924.46

DC22-2140

332

60

109.73

DC22-2141

335

58

295.05

DC22-2142

337

63

551.69

DC22-2143

333

60

179.83

DC22-2144

332

60

192.02

DC22-2145

50

61

831.19

DC22-2146

332

60

281.94

DC22-2147

335

60

309.37

DC22-2149

334

57

325.83

DC22-2151

293

77

920.50

DC22-2153

334

59

342.90

DC22-2155

334

60

132.74

DC22-2156

334

60

149.35

DC22-2158

329

60

160.02

DC22-2160

333

58

184.40

DC22-2162

228

73

800.10

DC22-2163

329

59

213.06

DC22-2165

338

59

210.31

DC22-2167

331

58

240.49

DC22-2168

331

62

96.62

DC22-2170

326

58

81.08

DC22-2171

336

61

300.84

DC22-2172

331

59

70.10

DC22-2173

332

58

163.22

DC22-2176

331

62

300.84

DC22-2177

334

58

252.22

DC22-2178

330

61

144.17

DC22-2179

335

59

237.44

DC22-2181

330

61

163.37

DC22-2182

333

58

242.32

DC22-2183

333

60

105.77

DC22-2184

336

61

304.80

DC22-2185

335

60

190.50

DC22-2186

332

62

291.69

DC22-2187

332

60

214.27

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

TABLE 2
2022 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

Reported 11/1

DC22-2033

 

42.17

50.01

7.84

2.79

Reported 7/28

DC22-2033

 

105.65

126.32

20.67

2.76

Reported 7/28

DC22-2033

 

172.08

176.43

4.35

1.03

Reported 7/28

DC22-2033

 

185.79

189.64

3.85

1.87

Reported 11/1

DC22-2033

 

TOTAL

 

40.17

2.36

 

DC22-2034

ACMA

44.35

48.16

3.81

1.78

Reported 7/28

DC22-2034

 

116.29

129.32

13.03

6.40

Reported 7/28

including

 

121.31

127.97

6.66

10.51

Reported 7/28

DC22-2034

 

140.80

145.80

5.00

10.39

Reported 7/28

DC22-2034

 

208.38

220.88

12.50

2.18

Reported 7/28

DC22-2034

 

TOTAL

 

34.34

4.93

 

DC22-2035

ACMA

433.53

440.95

7.42

6.30

Reported 7/28

DC22-2035

 

651.24

682.65

31.41

3.81

Reported 7/28

DC22-2035

 

751.88

756.10

4.22

8.15

Reported 7/28

DC22-2035

 

TOTAL

 

43.05

4.67

 

DC22-2036

ACMA

137.33

144.48

7.15

3.39

Reported 7/28

DC22-2036

 

152.57

159.29

6.72

2.94

Reported 7/28

DC22-2036

 

TOTAL

 

13.87

3.17

 

DC22-2037

ACMA

109.24

119.58

10.34

3.07

Reported 7/28

DC22-2037

 

TOTAL

 

10.34

3.07

 

DC22-2038

ACMA

114.50

126.63

12.13

3.24

Reported 7/28

DC22-2038

 

185.16

190.15

4.99

4.90

Reported 7/28

DC22-2038

 

TOTAL

 

17.12

3.72

 

DC22-2039

ACMA

122.46

126.13

3.67

3.46

Reported 7/28

DC22-2039

 

TOTAL

 

3.67

3.46

 

DC22-2040

ACMA

97.26

105.21

7.95

2.77

Reported 7/28

DC22-2040

 

114.45

122.41

7.96

1.50

Reported 7/28

DC22-2040

 

139.25

154.84

15.59

3.64

Reported 7/28

DC22-2040

 

197.60

216.25

18.65

10.78

Reported 7/28

including

 

199.35

207.03

7.68

19.69

Reported 7/28

DC22-2040

 

232.95

285.22

52.27

14.63

Reported 7/28

including

 

232.95

246.89

13.94

33.95

Reported 7/28

including

 

257.18

273.63

16.45

13.50

Reported 7/28

DC22-2040

 

TOTAL

 

102.42

10.31

 

DC22-2041

ACMA

75.03

81.99

6.96

4.60

Reported 7/28

DC22-2041

 

86.43

101.36

14.93

1.82

Reported 7/28

DC22-2041

 

105.74

113.42

7.68

4.43

Reported 7/28

DC22-2041

 

174.29

187.45

13.16

7.47

Reported 7/28

DC22-2041

 

TOTAL

 

42.73

4.48

 

DC22-2042

ACMA

19.80

34.44

14.64

3.09

Reported 7/28

DC22-2042

 

95.10

102.28

7.18

3.71

Reported 7/28

DC22-2042

 

152.80

162.62

9.82

2.93

Reported 7/28

DC22-2042

 

168.21

187.81

19.60

4.06

Reported 7/28

DC22-2042

 

196.04

205.46

9.42

5.22

Reported 7/28

DC22-2042

 

TOTAL

 

60.66

3.78

 

DC22-2043

ACMA

49.61

58.38

8.77

7.23

Reported 7/28

DC22-2043

 

144.97

168.48

23.51

6.20

Reported 7/28

DC22-2043

 

TOTAL

 

32.28

6.48

 

DC22-2044

ACMA

26.21

30.14

3.93

2.78

Reported 7/28

DC22-2044

 

157.31

166.42

9.11

3.62

Reported 7/28

DC22-2044

 

171.95

176.69

4.74

4.55

Reported 7/28

DC22-2044

 

TOTAL

 

17.78

3.69

 

DC22-2045

ACMA

12.53

18.23

5.70

3.95

Reported 7/28

DC22-2045

 

41.42

58.40

16.98

1.56

Reported 7/28

DC22-2045

 

63.84

73.05

9.21

2.40

Reported 7/28

DC22-2045

 

128.03

133.50

5.47

3.18

Reported 7/28

DC22-2045

 

138.75

146.20

7.45

1.74

Reported 7/28

DC22-2045

 

158.22

170.45

12.23

1.93

Reported 7/28

DC22-2045

 

205.38

213.77

8.39

1.92

Reported 7/28

DC22-2045

 

TOTAL

 

65.43

2.16

 

DC22-2046

ACMA

24.38

32.42

8.04

5.25

Reported 7/28

DC22-2046

 

109.52

135.25

25.73

5.22

Reported 7/28

DC22-2046

 

176.88

194.04

17.16

3.48

Reported 7/28

DC22-2046

 

207.43

212.14

4.71

1.32

Reported 7/28

DC22-2046

 

220.58

223.77

3.19

1.02

Reported 7/28

DC22-2046

 

TOTAL

 

58.83

4.18

 

DC22-2047

ACMA

37.19

47.66

10.47

2.37

Reported 7/28

DC22-2047

 

135.33

140.13

4.80

9.08

Reported 7/28

including

 

136.37

140.13

3.76

11.06

Reported 7/28

DC22-2047

 

151.83

176.24

24.41

3.76

Reported 7/28

DC22-2047

 

TOTAL

 

39.68

4.04

 

DC22-2048

ACMA

6.44

10.48

4.04

5.16

Reported 7/28

DC22-2048

 

23.77

30.48

6.71

7.43

Reported 7/28

DC22-2048

 

36.88

43.61

6.73

3.48

Reported 7/28

DC22-2048

 

94.64

106.83

12.19

3.11

Reported 7/28

DC22-2048

 

111.17

143.61

32.44

1.18

Reported 7/28

DC22-2048

 

TOTAL

 

62.11

2.74

 

DC22-2049

ACMA

10.97

16.20

5.23

6.51

Reported 7/28

DC22-2049

 

95.70

112.44

16.74

2.76

Reported 7/28

DC22-2049

 

TOTAL

 

21.97

3.65

 

DC22-2050

ACMA

38.40

42.93

4.53

1.22

Reported 7/28

DC22-2050

 

98.40

123.70

25.30

2.82

Reported 7/28

DC22-2050

 

137.98

162.88

24.90

2.74

Reported 7/28

DC22-2050

 

TOTAL

 

54.73

2.65

 

DC22-2051

ACMA

69.70

80.01

10.31

1.27

Reported 7/28

DC22-2051

 

119.52

126.19

6.67

1.72

Reported 7/28

DC22-2051

 

343.75

356.05

12.30

3.24

Reported 7/28

DC22-2051

 

437.45

474.88

37.43

2.35

Reported 7/28

DC22-2051

 

533.86

565.30

31.44

4.63

Reported 7/28

including

 

545.90

550.40

4.50

11.45

Reported 7/28

DC22-2051

 

693.27

708.65

15.38

6.81

Reported 7/28

including

 

698.89

703.53

4.64

16.59

Reported 7/28

DC22-2051

 

746.67

767.93

21.26

3.74

Reported 7/28

DC22-2051

 

TOTAL

 

134.79

3.58

 

DC22-2052

ACMA

6.36

17.07

10.71

2.43

Reported 7/28

DC22-2052

 

100.72

104.92

4.20

1.93

Reported 7/28

DC22-2052

 

TOTAL

 

14.91

2.29

 

DC22-2053

ACMA

39.82

43.55

3.73

2.24

Reported 7/28

DC22-2053

 

50.55

59.82

9.27

2.09

Reported 7/28

DC22-2053

 

169.41

172.63

3.22

3.72

Reported 7/28

DC22-2053

 

286.82

290.15

3.33

2.57

Reported 7/28

DC22-2053

 

TOTAL

 

19.55

2.47

 

DC22-2054

ACMA

10.05

13.42

3.37

3.44

Reported 7/28

DC22-2054

 

108.52

148.31

39.79

3.37

Reported 7/28

DC22-2054

 

152.89

179.89

27.00

2.70

Reported 7/28

DC22-2054

 

TOTAL

 

70.16

3.11

 

DC22-2055

ACMA

12.19

35.77

23.58

2.36

Reported 7/28

DC22-2055

 

115.85

124.30

8.45

5.11

Reported 7/28

DC22-2055

 

131.99

152.88

20.89

4.12

Reported 7/28

DC22-2055

 

181.66

187.45

5.79

2.03

Reported 7/28

DC22-2055

 

TOTAL

 

58.71

3.35

 

DC22-2056

ACMA

2.44

13.33

10.89

17.55

Reported 7/28

including

 

7.01

11.13

4.12

44.11

Reported 7/28

DC22-2056

 

83.31

86.37

3.06

8.51

Reported 7/28

DC22-2056

 

99.82

173.80

73.98

4.21

Reported 7/28

including

 

109.12

115.28

6.16

18.20

Reported 7/28

DC22-2056

 

TOTAL

 

87.93

6.02

 

DC22-2057

ACMA

10.97

21.25

10.28

2.59

Reported 7/28

DC22-2057

 

40.56

48.17

7.61

1.97

Reported 7/28

DC22-2057

 

52.57

60.64

8.07

1.05

Reported 7/28

DC22-2057

 

118.89

123.88

4.99

2.23

Reported 7/28

DC22-2057

 

135.23

142.04

6.81

6.04

Reported 7/28

DC22-2057

 

147.74

160.25

12.51

3.91

Reported 7/28

DC22-2057

 

166.47

173.36

6.89

2.48

Reported 7/28

DC22-2057

 

186.43

194.98

8.55

4.04

Reported 7/28

DC22-2057

 

TOTAL

 

65.71

3.09

 

DC22-2058

ACMA

5.18

14.02

8.84

2.81

Reported 7/28

DC22-2058

 

21.46

33.01

11.55

3.50

Reported 7/28

DC22-2058

 

112.19

118.57

6.38

3.84

Reported 7/28

DC22-2058

 

124.23

138.62

14.39

8.18

Reported 7/28

including

 

130.24

136.99

6.75

15.15

Reported 7/28

DC22-2058

 

151.79

172.17

20.38

2.83

Reported 7/28

DC22-2058

 

TOTAL

 

61.54

4.31

 

DC22-2059

Divide

57.65

76.04

18.39

3.64

Reported 7/28

DC22-2059

 

81.48

86.56

5.08

1.01

Reported 11/1