Barrick Gold Corporation - Lagunas Norte & Veladero Projects

Barrick's growth and development plan will add three major new mines during 2005 including the Lagunas Norte Project in the La Libertad Province of Peru, the Veladero Project in the San Juan province of Argentina, and the Tulawaka Mine in north¬western Tanzania. Lagunas Norte and Veladero are similar in that they are both green-field open pit deposits at elevations over 4,000 meters above sea level, with two stage crushing and heap leaching followed by Merrill Crowe zinc precipitation for precious metal recovery. Operating sites will each generate in excess of 700,000 ozs Au per annum with commissioning and full scale operation planned during the third and fourth quarter of 2005. Details with regards to regional geography, development schedule, production and process specifics for Lagunas Norte and Veladero will be discussed in this presentation providing an overview for the respective properties.