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P E R U
PROEXPLO 2005
May 24-27, Lima
BUILDING MINES, DELIVERING VALUE
SOUTH AMERICA OVERVIEW
&
THE LAGUNAS NORTE GOLD DEPOSIT,ALTO CHICAMA DISTRICT, NORTHERN PERU
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P E R U
PROEXPLO 2005
May 24-27, Lima
FORWARD LOOKING STATEMENT
Certain statements included herein, including those regarding production, costs, development schedules
and other statements that express managements expectations or estimates of our future performance,
constitute forward-looking statements within the meaning of the United States Private SecuritiesLitigation Reform Act of 1995. The words believe, expect, anticipate, contemplate, target,
plan, intends, continue, budget, estimate, may, will, schedule, and similar expressions
identify forward-looking statements. Forward-looking statements are necessarily based upon a number of
estimates and assumptions that, while considered reasonable by management are inherently subject to
significant business, economic and competitive uncertainties and contingencies. We caution you that such
forward-looking statements involve known and unknown risks, uncertainties and other factors that may
cause the actual financial results, performance or achievements of Barrick to be materially different from
our estimated future results, performance or achievements expressed or implied by those forward-looking
statements and our forward-looking statements are not guarantees of future performance. These risks,
uncertainties and other factors include, but are not limited to: changes in the worldwide price of gold or
certain other commodities (such as silver, copper, diesel fuel and electricity) and currencies; changes in
interest rates or gold lease rates that could impact realized prices under our forward sales program;
legislative, political or economic developments in the jurisdictions in which Barrick carries on business;
operating or technical difficulties in connection with mining or development activities; the speculative
nature of gold exploration and development, including the risks of diminishing quantities or grades of
reserves; and the risks involved in the exploration, development and mining business. These factors arediscussed in greater detail in Barricks most recent Form 40-F/Annual Information on file with the U.S.
Securities and Exchange Commission and Canadian provincial securities regulatory authorities.
Barrick expressly disclaims any intention or obligation to update or revise any forward-looking statements
whether as a result of new information, events or otherwise.
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PROEXPLO 2005
May 24-27, Lima
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PROEXPLO 2005
May 24-27, Lima
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PROEXPLO 2005
May 24-27, Lima
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P E R U
PROEXPLO 2005
May 24-27, Lima
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PROEXPLO 2005
May 24-27, Lima
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PROEXPLO 2005
May 24-27, Lima
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PROEXPLO 2005
May 24-27, Lima
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PROEXPLO 2005
May 24-27, Lima
SUMMMMARY GOLD MINERAL RESERVES
& RESOURCES, 2004
ABX Barrick SA
Gold 110 Moz 46 Moz
Silver 911 Moz 879 Moz
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P E R U
PROEXPLO 2005
May 24-27, Lima
Pascua-Lama
El Indio-Tambo
Veladero
Alto Chicama
Pierina
BARRI CKS MI NES & PROJECTS GOLD MI NERAL RESERVES
9.1 mil lion ounces
2.5 mil lion ounces
(after 5 Moz depleted)
17.6 million ounces
12.8 million ounces
(5.3 Moz depleted)
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PROEXPLO 2005
May 24-27, Lima
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PROEXPLO 2005
May 24-27, Lima
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P E R U
PROEXPLO 2005
May 24-27, Lima
Orebody occurs as 750m x 3000m t abular blanket t rending ~ 345,betw een ~ 4050 and 4350m elevat ion
Disseminated Au+ Ag mineralization associated w it h shallow-levelhigh-sulf idat ion alt erat ion similar t o Pierina, Alt o Chicama, Pascua
Ore is characterized by mult iple stages of brecciat ion, alt erat ion, andprecious metal m ineralization
Maj or cont rols on mineralization are fracture
int ensit y, porosit y, st ructural intersect ions,silicificat ion, and elevat ion
Veladero GeologyVeladero Geology
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P E R U
PROEXPLO 2005
May 24-27, Lima
Veladero ProjectVeladero Project
Locat ed in San Juan Province, Argent ina; 6kilomet ers f rom t he Pascua-Lama proj ect in t heFront era Dist r ict
Open-pit , valley-f i l l heap leach operat ion w it htw o-st age crushing, sim ilar t o Barr ick s Pierina
Mine
Merger w it h Homestake Mining Company inDecember 2001 gave Barr ick 100% of Veladero;
formerly a j oint venture ow ned 40% and 60% by
Barr ick and Homest ake, respect ively
Proven and probable gold reserves of 12.8 mil lion
ounces
Veladero ProjectVeladero Project
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P E R U
PROEXPLO 2005
May 24-27, Lima
Act ivi t ies Underw ay
Const ruct ion at t he proj ect is about 80% complete as at Q1,2005
Placement of t he valley-f ill heap leach secondary liner is
complete and the primary l iner is 75% complete
Stacking of ore commenced in Q1, 2005Process plant st eel erect ion in about 85% complete
Product ion t argeted to comm ence in Q4, 2005
Dril l ing around t he mine sit e began in late 2004 w it h posit ive
result s at Guanaco Zonzo (approx. 5km from Veladero)
Const ruct ion Cost Est imat e Approximately $540mil l ion
Gold product ion is expected t o averageapproximat ely 700,000 ounces per year
at an average total cash cost of
about $200 per ounce(over t he first full t hree years)
Veladero ProjectVeladero Project
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P E R U
PROEXPLO 2005
May 24-27, Lima
Part of t he 30-m ill ion-ounce Front era Dist rict st raddling t heborder of Chile and Argent ina
Barr ick plans t o develop Pascua-Lama as part of a uni f ieddist rict, st art ing w it h Veladero in 2005
Proven and probable gold reserves of 17.6 m ill ion ounces;
Silver contained w it hin report edgold reserves of 643 million ounces
Pascua-Lama Proj ectPascua-Lama Proj ect
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P E R U
PROEXPLO 2005
May 24-27, Lima
Pascua-Lama Proj ectPascua-Lama Proj ect
Act ivit ies underw ayReceived Board of Direct or approval for development in
July 2004
Aw aiting environment al approvals
Finalizing f iscal and t axat ion mat t ers
I mplement ing Protocol regime
Developing sustainable development communi t y programs
Expect t o receive approvals and f inalize other f iscal and
taxation mat t ers in lat e 2005
Expect t o begin t hree-year const ruct ion schedule in 2006
Product ion ant icipated for 2009
Const ruct ion cost est imate approx imat ely
$1.4-$1.5 bil l ion
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P E R U
PROEXPLO 2005
May 24-27, Lima
ALTO CHI CAMA PROJECTALTO CHI CAMA PROJECT
LAS LAGUNAS NORTELAS LAGUNAS NORTE
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PROEXPLO 2005
May 24-27, Lima
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P E R U
PROEXPLO 2005
May 24-27, Lima
LIMA
Trujillo
Pacific Ocean
Cajamarca
Arequipa
Huamachuco
HuarazPierina
Alt o Chicama
areaenlarged
Yanacocha
LOCATI ON
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P E R U
PROEXPLO 2005
May 24-27, Lima
N0 25 50
N0 25 50
Mioc
eneH
SbeltN
.Peru
Mioc
eneH
SbeltN
.Peru
YanacochaYanacocha
Alto ChicamaAlto Chicama
PierinaPierina
Trujillo
Cajamarca
Huamachuco
HuarazPierina
Alt o Chicama
Yanacocha
NYanacocha
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P E R U
PROEXPLO 2005
May 24-27, Lima
N0 25 50
Glacier
Yanacocha
Lakes
Quaternary undiff
Neogene intrusives
Paleogene -Neogene molasses
Paleogene-Neogene intrusives
Paleogene-Neogene volcanics
U-Cretaceous-Paleogene molasses
U-Cretaceous marine carbonates
U-Cretaceous marine siliciclasticsL-Cretaceous intrusives
L-Cretaceous marine carbonates
L-Cretaceous marine siliciclastics
Cretaceous-Paleogene intrusives
Cretaceous marine volcanics
Triassic-Jurassic marine limestones
Triassic-Jurassic continental siliciclastics
Triassic-Jurassic m arine siliciclastics
Precambrian and Paleozoic basement
Precam br i an andPaleozo ic Basem ent
CretaceousSed imen t s
Ter t i a ryVolcanics
Cord i l le ra
BlancaBa t ho l i t h
Coastal
Batholith
Pier ina
Al to Ch icam a
REGI ONAL GEOLOGY
NYanacocha
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P E R U
PROEXPLO 2005
May 24-27, Lima
N0 25 50
N or t he rn Pe ru
W ell k n ow n go l d be lt
Cenozo ic > 80 Moz > 6 0 M oz HS
> 23 Moz Au-Cup o r p h y r y
Paleozo ic > 6Moz
Pat az d is t r i c t
Pier ina
Al to Ch icam aAl to Ch icam a
Yanacocha
REGI ONAL GOLD ENDOW MENT
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P E R U
PROEXPLO 2005
May 24-27, Lima
DISTRICT GEOLOGY
Calipuy FmInca FmFarrat FmCarhuaz Fm
Chimu FmChicama Fm
MINERALIZATION TYPE
Epithermal Veins
High Sulfidation
Low Sulfidation
Polymetallic
Las LagunasNorte
9.1 Moz Au
DI STRI CT GEOLOGY
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P E R U
PROEXPLO 2005
May 24-27, Lima
C o a l
O v e r b u r d e nL a t e A n d e s i t i c T u f f a n d F l o w sL a t e A n d e s i t i c d o m e
S h u l c a h u a n g a F l o w s
S h u l c a h u a n g a D o m eE a r l y A n d e s i t i c F l o w s
E a r l y A n d e s i t i c D o m eA n d e s i t i c T u f f B r e c c i a J u v e n i l e F ra g sA n d e s i t i c T u f f B r e c c i a
F i n e L a m i n a t e d A s h T u f f s
F i n e L a m i n a t e d C r y s t a l T u f f s
D a c i t i c T u f f
P o ly m i c t i c B r e c c i a T u f f a c e o u s M x
Q F P T u f f a n d F l o w sQ F P D o m e
F i n e Q t z P h y r i c A s h T u f f s
M o n o m i c t i c B r e c c i a T u f fa c e o u s M x
Q u a r t z S a n d s t o n e s
M u d s t o n eC a r b o n a c e o u s M u d s t o n e
C h i c a m a
Upper
Jurassic
Lower
Cretaceous
Miocene
U n c o n f o r m i t y
LLN GEOLOGY
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P E R U
PROEXPLO 2005
May 24-27, Lima
C o a l
O v e r b u r d e nL a t e A n d e s i t i c T u f f a n d F lo w sL a t e A n d e s i t i c d o m e
S h u l c a h u a n g a F l o w s
S h u l c a h u a n g a D o m eE a r l y A n d e s i t i c F l o w s
E a r l y A n d e s i t i c D o m eA n d e s i t i c T u f f B r e c c i a J u v e n i l e F ra g sA n d e s i t i c T u f f B r e c c i a
F in e L a m i n a t e d A s h T u f f s
F in e L a m i n a t e d C r y s t a l T u f f s
D a c i t i c T u f f
P o ly m i c t i c B r e c c i a T u f fa c e o u s M x
Q F P T u f f a n d F l o w sQ F P D o m e
F i ne Q t z P h y r i c A s h T u f f s
M o n o m i c t i c B r e c c i a T u f fa c e o u s M x
Q u a r t z S a n d s t o n e s
M u d s t o n eC a r b o n a c e o u s M u d s t o n e
C h i c a m a
Upper
Jurassic
Lower
Cretaceous
Mioce
ne
U n c o n f o r m i t y
LLN GEOLOGY
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P E R U
PROEXPLO 2005
May 24-27, Lima
C o a l
O v e r b u r d e nL a t e A n d e s i t i c T u f f a n d F l o w sL a t e A n d e s i t i c d o m e
S h u l c a h u a n g a F l o w s
S h u l c a h u a n g a D o m eE a r l y A n d e s i t i c F l o w s
E a r l y A n d e s i t i c D o m eA n d e s i t i c T u f f B r e c c i a J u v e n i l e F ra g sA n d e s i t i c T u f f B r e c c i a
F in e L a m i n a t e d A s h T u f f s
F in e L a m i n a t e d C r y s t a l T u f f s
D a c i t i c T u f f
P o ly m i c t i c B r e c c i a T u f fa c e o u s M x
Q F P T u f f a n d F l o w sQ F P D o m e
F i ne Q t z P h y r i c A s h T u f f s
M o n o m i c t i c B r e c c i a T u f fa c e o u s M x
Q u a r t z S a n d s t o n e s
M u d s t o n eC a r b o n a c e o u s M u d s t o n e
C h i c a m a
Upper
Jurassic
Lower
Cretaceous
Mioce
ne
U n c o n f o r m i t y
LLN GEOLOGY
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P E R U
PROEXPLO 2005
May 24-27, Lima
C o a l
O v e r b u r d e nL a t e A n d e s i t i c T u f f a n d F lo w sL a t e A n d e s i t i c d o m e
S h u l c a h u a n g a F l o w s
S h u l c a h u a n g a D o m eE a r l y A n d e s i t i c F l o w s
E a r l y A n d e s i t i c D o m eA n d e s i t i c T u f f B r e c c i a J u v e n i l e F ra g sA n d e s i t i c T u f f B r e c c i a
F in e L a m i n a t e d A s h T u f f s
F in e L a m i n a t e d C r y s t a l T u f f s
D a c i t i c T u f f
P o ly m i c t i c B r e c c i a T u f fa c e o u s M x
Q F P T u f f a n d F l o w sQ F P D o m e
F i ne Q t z P h y r i c A s h T u f f s
M o n o m i c t i c B r e c c i a T u f fa c e o u s M x
Q u a r t z S a n d s t o n e s
M u d s t o n eC a r b o n a c e o u s M u d s t o n e
C h i c a m a
Upper
Jurassic
Lower
Cretaceous
Mioce
ne
U n c o n f o r m i t y
LLN GEOLOGY
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P E R U
PROEXPLO 2005
May 24-27, Lima
C o a l
O v e r b u r d e nL a t e A n d e s i t i c T u f f a n d F lo w sL a t e A n d e s i t i c d o m e
S h u l c a h u a n g a F l o w s
S h u l c a h u a n g a D o m eE a r l y A n d e s i t i c F l o w s
E a r l y A n d e s i t i c D o m eA n d e s i t i c T u f f B r e c c i a J u v e n i l e F ra g sA n d e s i t i c T u f f B r e c c i a
F in e L a m i n a t e d A s h T u f f s
F in e L a m i n a t e d C r y s t a l T u f f s
D a c i t i c T u f f
P o ly m i c t i c B r e c c i a T u f fa c e o u s M x
Q F P T u f f a n d F l o w sQ F P D o m e
F i ne Q t z P h y r i c A s h T u f f s
M o n o m i c t i c B r e c c i a T u f fa c e o u s M x
Q u a r t z S a n d s t o n e s
M u d s t o n eC a r b o n a c e o u s M u d s t o n e
C h i c a m a
Upper
Jurassic
Lower
Cretaceous
Mioce
ne
U n c o n f o r m i t y
LLN GEOLOGY
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P E R U
PROEXPLO 2005
May 24-27, Lima
C o a l
O v e r b u r d e nL a t e A n d e s i t i c T u f f a n d F lo w sL a t e A n d e s i t i c d o m e
S h u l c a h u a n g a F l o w s
S h u l c a h u a n g a D o m eE a r l y A n d e s i t i c F l o w s
E a r l y A n d e s i t i c D o m eA n d e s i t i c T u f f B r e c c i a J u v e n i l e F ra g sA n d e s i t i c T u f f B r e c c i a
F in e L a m i n a t e d A s h T u f f s
F in e L a m i n a t e d C r y s t a l T u f f s
D a c i t i c T u f f
P o ly m i c t i c B r e c c i a T u f fa c e o u s M x
Q F P T u f f a n d F l o w sQ F P D o m e
F i ne Q t z P h y r i c A s h T u f f s
M o n o m i c t i c B r e c c i a T u f fa c e o u s M x
Q u a r t z S a n d s t o n e s
M u d s t o n eC a r b o n a c e o u s M u d s t o n e
C h i c a m a
Upper
Jurassic
Lower
Cretaceous
Mioce
ne
U n c o n f o r m i t y
LLN GEOLOGY
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P E R U
PROEXPLO 2005
May 24-27, Lima
Above : Si l ica r ep lacem ent i n m uds ton es and s i l t st ones
Be low : Vugg y si l ica in t u f f u n i t s
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PROEXPLO 2005
May 24-27, Lima
MI NERALI ZATI ON
OxideZo
ne
4000m
Sulfid
eZone
Mixed
Zone
500 - 1000250 - 500
125 - 25075 - 12550 - 7525 - 50
Grade Thickness Au (g/t x m)
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P E R U
PROEXPLO 2005May 24-27, Lima
3700NW
4200NW
5200NW
SECTI ONS
4700NW
N
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P E R U
PROEXPLO 2005May 24-27, Lima
Above left: Oxide matrix breccia Above right: Leached sandstone
Below left: Sulfide remnant Below right: Coarse sulfide in breccia
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P E R U
PROEXPLO 2005May 24-27, Lima
RESERVE GROW TH
0
1
2
3
4
5
6
7
8
9
1 0
Q 1 - 2 0 0 1 Q 2 - 2 0 0 2 YE- 2 0 0 2 YE- 2 0 0 3 YE- 2 0 0 4
Contained
Ounces
(Moz)
Discovery drill hole
Initial ResourceEstimate
Initial ReserveEstimate
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P E R U
PROEXPLO 2005May 24-27, LimaCONSTRUCTION CAMP (XI/2004)
CACTUS AND ORCHIDSCACTUS AND ORCHIDS
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P E R U
PROEXPLO 2005May 24-27, Lima
TRANSPLANTTRANSPLANT
Alto Chicama Environment ProtectionAlto Chicama Environment Protection
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P E R U
PROEXPLO 2005May 24-27, LimaFORESTRY NURSERIESFORESTRY NURSERIES
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P E R U
PROEXPLO 2005May 24-27, LimaTHE TOP SOIL STRIPPINGTHE TOP SOIL STRIPPING
AND TRANSFER CONTROLAND TRANSFER CONTROL
Lagunas Nort e Proj ectLagunas Norte Proj ect
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P E R U
PROEXPLO 2005May 24-27, Lima
Locat ed in nort h-cent ral Peru, about 175 k ilometersfrom the Pierina Mine
Oxide mineralizat ion sim ilar t o Pierina, w it h high-
grade gold sur face out croppings and good metallurgy
Open-pit , valley-f i l l crushing/ leaching operat ion
Lagunas Nort e discovery announced on Apr il 23, 2002Proven and probable gold reserves of 9.1 m ill ion
ounces
1,350 square k ilomet er land posit ion w it h goodexplorat ion potent ial w it hin a 15 kilometer radius of
Lagunas Nort e
Lagunas Nort e Proj ectLagunas Norte Proj ect
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P E R U
PROEXPLO 2005May 24-27, Lima
Act ivit ies underw ay
The mine is mechanically complete
Commissioning of equipm ent & facilit ies start ed in early Apri l
2005
Over 400,000 t ons of material placed on t he leach pad
Manpower is 100% in place
Product ion expected to commence in m id-June 2005
Const ruct ion cost est imat e approx imat ely $340 mill ion
Gold product ion is expect ed t o average approximat ely
800,000 ounces per year at an average t otal cash costof about $155 per ounce for t he f irst t hree years
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P E R U
PROEXPLO 2005May 24-27, Lima