Independent FS 2026 Spending 1 : $150 –160M on drilling $20M on studies $70M on construction and decline commencement Fourmile 50 Timeline: Barrick Nevada Gold Mines Investor Visit Presentation, February 26, 2026. 1) Barrick MD&A Fourth Quarter and Full Year 2025, February 5, 2026. Development BARRICK MINING Foundational asset for Barrick’s future production Cortez Complex 16 rigs doubling mineral resources Ramp-up to 20 surface rigs 32–34Mt @ 15–16g/t Target conversion of Exploration Upside First Ore Bullion Hill Decline Development 2030+ 2029 2028 2027 2026 Q4 | 2025 Extensive drill conversion Underground drilling from Goldrush MPD PFS Completion Underground Development Breakthrough connection to Goldrush Timeline to Production
May 2026 Investor Presentation Page 49 Page 51