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Reserves and Resources

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Mineral Reserve Estimate – March 2020

Valley of the Kings (1,3)

Category Tonnes
(mil)
Gold
(g/t)
Silver
(g/t)
Contained
Gold
(mil oz)
Silver
(mil oz)
Proven 1.4
8.9 11.1 0.4
0.5
Probable 11.3 8.7 9.8 3.2
3.6
Total P&P 12.8 8.8 10.0 3.6
4.1

West Zone (2,3)

Category Tonnes
(mil)
Gold
(g/t)
Silver
(g/t)
Contained
Gold
(mil oz)
Silver
(mil oz)
Proven 1.4 7.2 383 0.3 17.4
Probable 1.5 6.5 181 0.3
8.6
Total P&P 2.9 6.9 279 0.6
26.0
(1)Source: Updated Mineral Reserve Estimate, see news release dated March 09, 2020
(2) Source: Feasibility Study and Technical Report Update on the Brucejack Project, dated June 19, 2014
(3) Base case metals prices of US$1,200/oz gold and US$15.6/oz silver