Nevada Gold Mines Completes Exchange Transaction to Consolidate South Arturo Property

NEVADA GOLD MINES LLC 1655 Mountain City Hwy Elko, Nevada 89801

www.nevadagoldmines.com

PRESS RELEASE

Nevada Gold Mines Completes Exchange Transaction to Consolidate South Arturo Property

ELKO, NEVADA – OCTOBER 14, 2021 – Nevada Gold Mines (NGM) today announced it has completed the previously announced asset exchange transaction to acquire from i-80 Gold Corp. the 40% interest in the South Arturo Joint Venture that NGM does not already own as well as a low-cost option to acquire the adjacent Rodeo Creek exploration property, in exchange for the Lone Tree and Buffalo Mountain properties and infrastructure which are currently in care and maintenance.

About Nevada Gold Mines

Nevada Gold Mines is operated by Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) and is a joint venture between Barrick (61.5%) and Newmont (38.5%) that combined their significant assets across Nevada in 2019 to create the single largest gold-producing complex in the world.

ENQUIRIES Catherine Raw Greg Walker Kathy du Plessis

Barrick COO, North America NGM Executive Managing Director Investor and media relations Tel: +1 416 307 5157 Tel: +1 702 526 3194 Tel: +44 20 7557 7738 Email: [email protected] Email: [email protected] Email:[email protected]

a joint venture between Barrick Gold Corporation (61.5%) and Newmont Corporation (38.5%), operated by Barrick