TOTAL 502, ,479 1,657, ,379 2,160, ,858

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1 GOLD MINERAL RESERVES (1) As at December 31, 2015 PROVEN PROBABLE TOTAL Tonnes Grade Contained ozs Tonnes Grade Contained ozs Tonnes Grade Contained ozs Based on attributable ounces (000's) (gm/t) (000's) (000's) (gm/t) (000's) (000's) (gm/t) (000's) Goldstrike Open Pit 57, ,440 11, ,471 69, ,911 Goldstrike Underground 2, ,017 2, , ,628 Goldstrike Property Total 60, ,457 13, ,082 74, ,539 Pueblo Viejo (60.00%) 55, ,295 38, ,665 93, ,960 Cortez 14, , , , , ,129 Bald Mountain (2) 13, , , ,142 Turquoise Ridge (75.00%) 4, ,252 4, ,962 8, ,214 Round Mountain (50.00%) (2) 19, , , South Arturo (60.00%) , Hemlo 1, , , Golden Sunlight , Cerro Casale (75.00%) 172, , , , , ,434 Pascua-Lama 31, , , , , ,384 Veladero 24, , , , ,544 Lagunas Norte 23, ,164 40, ,565 63, ,729 AUSTRALIA PACIFIC Porgera (47.50%) (3) 1, , ,671 14, ,971 Kalgoorlie (50.00%) 69, ,153 30, , , ,154 Bulyanhulu (63.90%) , ,637 17, ,930 North Mara (63.90%) 3, , ,051 14, ,262 Buzwagi (63.90%) 5, , , OTHER , , TOTAL 502, ,479 1,657, ,379 2,160, ,858 COPPER MINERAL RESERVES (1) As at December 31, 2015 PROVEN PROBABLE TOTAL Tonnes Grade Contained lbs Tonnes Grade Contained lbs Tonnes Grade Contained lbs Based on attributable pounds (000's) (%) (millions) (000's) (%) (millions) (000's) (%) (millions) Zaldivar (50.00%) (4) 187, , , , ,757.0 Lumwana 147, , , , , ,068.8 Jabal Sayid (50.00%) , , TOTAL 334, , , , , ,523.9 (1) See accompanying footnote #1. (2) See accompanying footnote #2. (3) See accompanying footnote #3. (4) See accompanying footnote #4. 80

2 GOLD MINERAL RESOURCES (1,2) As at December 31, 2015 MEASURED (M) INDICATED (I) (M) + (I) Tonnes Grade Contained ozs Tonnes Grade Contained ozs Contained ozs Tonnes Grade Contained ozs Based on attributable ounces (000's) (gm/t) (000's) (000's) (gm/t) (000's) (000's) (000's) (gm/t) (000's) Goldstrike Open Pit , Goldstrike Underground 1, , ,382 1, Goldstrike Property Total 2, , ,128 1,786 1, Pueblo Viejo (60.00%) 6, , ,187 7,731 2, Cortez 3, , ,969 2,150 18, Goldrush , ,509 8,557 5, ,647 Bald Mountain (3) 34, , ,782 3,698 21, Turquoise Ridge (75.00%) 15, ,193 59, ,233 11,426 23, ,872 Round Mountain (50.00%) (3) 7, , , South Arturo (60.00%) Hemlo , ,424 1,451 3, Golden Sunlight , , Donlin Gold (50.00%) 3, , ,190 19,503 46, ,997 Cerro Casale (75.00%) 17, , ,362 2, , ,493 Pascua-Lama 14, , ,749 6,459 19, Veladero 4, , ,234 1,287 5, Lagunas Norte 2, , ,552 1,644 1, Alturas , ,501 AUSTRALIA PACIFIC Porgera (47.50%) (4) , ,629 1,660 8, Kalgoorlie (50.00%) 5, , Bulyanhulu (63.90%) , ,193 3,201 12, ,772 North Mara (63.90%) 1, , , Buzwagi (63.90%) , ,215 1,221 2, Nyanzaga (63.90%) , ,621 2,621 1, OTHER TOTAL 120, ,437 1,283, ,658 79, , ,425 COPPER MINERAL RESOURCES (1,2) As at December 31, 2015 MEASURED (M) INDICATED (I) (M) + (I) Tonnes Grade Contained lbs Tonnes Grade Contained lbs Contained lbs Tonnes Grade Contained lbs Based on attributable pounds (000's) (%) (millions) (000's) (%) (millions) (millions) (000's) (%) (millions) Zaldivar (50.00%) (5) 45, , , Lumwana 105, , , , , Jabal Sayid (50.00%) TOTAL 150, , , , , , (1) Resources which are not reserves do not have demonstrated economic viability. (2) See accompanying footnote #1. (3) See accompanying footnote #2. (4) See accompanying footnote #3. (5) See accompanying footnote #4. 81

3 SUMMARY GOLD MINERAL RESERVES AND MINERAL RESOURCES (1,2,3) For the year ended December 31, Tonnes Grade Ounces Tonnes Grade Ounces Based on attributable ounces (000's) (gm/t) (000's) (000's) (gm/t) (000's) Goldstrike Open Pit (proven and probable) 69, ,911 74, ,724 (mineral resource) 5, , Goldstrike Underground (proven and probable) 4, ,628 6, ,890 (mineral resource) 4, ,382 3, ,395 Goldstrike Property Total (proven and probable) 74, ,539 80, ,614 (mineral resource) 9, ,786 8, ,669 Pueblo Viejo (60.00%) (proven and probable) 93, ,960 87, ,318 (mineral resource) 97, ,731 74, ,301 Cortez (proven and probable) 153, , , ,851 (mineral resource) 43, ,150 38, ,513 Goldrush (proven and probable) (mineral resource) 25, ,557 68, ,574 Bald Mountain (4) (proven and probable) 49, ,142 60, ,361 (mineral resource) 172, , , ,160 Turquoise Ridge (75.00%) (proven and probable) 8, ,214 8, ,458 (mineral resource) 74, ,426 81, ,111 Round Mountain (50.00%) (4) (proven and probable) 33, , (mineral resource) 21, , South Arturo (60.00%) (proven and probable) 1, , (mineral resource) , ,525 Ruby Hill (0.00%) (5) (proven and probable) , (mineral resource) , ,923 Hemlo (proven and probable) 13, , (mineral resource) 42, ,451 36, ,671 Spring Valley (0.00%) (5) (proven and probable) (mineral resource) , ,326 Golden Sunlight (proven and probable) 1, , (mineral resource) 14, , Donlin Gold (50.00%) (proven and probable) (mineral resource) 270, , , , Cerro Casale (75.00%) (proven and probable) 898, , , ,434 (mineral resource) 222, , , ,529 Pascua-Lama (proven and probable) 324, , , ,384 (mineral resource) 157, , , ,459 Veladero (proven and probable) 276, , , ,737 (mineral resource) 75, , , ,872 Lagunas Norte (proven and probable) 63, ,729 69, ,833 (mineral resource) 37, ,644 19, AUSTRALIA PACIFIC - - Porgera (47.50%) (6) (proven and probable) 14, ,971 17, ,008 (mineral resource) 9, ,660 34, ,050 Kalgoorlie (50.00%) (proven and probable) 100, ,154 89, ,482 (mineral resource) 15, , ,146 Cowal (0.00%) (7) (proven and probable) , ,555 (mineral resource) , , Bulyanhulu (63.90%) (proven and probable) 17, ,930 24, ,090 (mineral resource) 14, ,201 7, ,163 North Mara (63.90%) (proven and probable) 14, ,262 15, ,308 (mineral resource) 8, , ,060 Buzwagi (63.90%) (proven and probable) 9, , (mineral resource) 28, ,221 30, ,289 Nyanzaga (63.90%) (proven and probable) (mineral resource) 62, ,621 62, ,621 OTHER (proven and probable) 12, , (mineral resource) TOTAL (proven and probable) 2,160, ,858 2,113, ,017 (mineral resource) 1,403, ,095 1,889, ,324 (1) Resources which are not reserves do not have demonstrated economic viability. (2) See accompanying footnote #1. (3) Measured plus indicated resources. (4) See accompanying footnote #2. (5) See accompanying footnote #5. (6) See accompanying footnote #3. (7) See accompanying footnote #6. 82

4 CONTAINED SILVER WITHIN REPORTED GOLD RESERVES (1) Tonnes Grade Contained ozs Tonnes Grade Contained ozs Tonnes Grade Contained ozs Based on attributable ounces (000s) (gm/t) (000s) (000s) (gm/t) (000s) (000s) (gm/t) (000s) Pueblo Viejo (60.00%) 55, ,388 38, ,757 93, , % Cerro Casale (75.00%) 172, , , , , , % Pascua-Lama 31, , , , , , % Lagunas Norte 18, ,134 40, ,634 58, , % Veladero 16, , , , , , % IN PROVEN GOLD RESERVES IN PROBABLE GOLD RESERVES TOTAL Bulyanhulu (63.90%) , ,078 13, , % TOTAL 295, ,542 1,361, ,314 1,657, , % (1) Silver is accounted for as a by-product credit against reported or projected gold production costs. Process recovery % CONTAINED COPPER WITHIN REPORTED GOLD RESERVES (1) Tonnes Grade Contained lbs Tonnes Grade Contained lbs Tonnes Grade Contained lbs Based on attributable pounds (000s) (%) (millions) (000s) (%) (millions) (000s) (%) (millions) Pueblo Viejo (60.00%) 55, , , % Cerro Casale (75.00%) 172, , , , , % Pascua-Lama 31, , , % IN PROVEN GOLD RESERVES IN PROBABLE GOLD RESERVES TOTAL Bulyanhulu (63.90%) , , % Buzwagi (63.90%) 5, , , % TOTAL 265, ,073, , ,339, , % (1) Copper is accounted for as a by-product credit against reported or projected gold production costs. Process recovery % 83

5 CONTAINED SILVER WITHIN REPORTED GOLD RESOURCES (1) MEASURED (M) INDICATED (I) (M) + (I) Tonnes Grade Contained ozs Tonnes Grade Contained ozs Ounces Tonnes Grade Contained ozs Based on attributable ounces (000's) (gm/t) (000's) (000's) (gm/t) (000's) (000's) (000's) (gm/t) (000's) Pueblo Viejo (60.00%) 6, ,478 91, ,172 44,650 2, ,045 Cerro Casale (75.00%) 17, , ,985 7, , ,379 Pascua-Lama 14, , , , ,703 19, ,607 Lagunas Norte 2, , ,267 4,524 6, Veladero 4, , ,675 27,538 5, ,836 Bulyanhulu (63.90%) , ,689 2,696 12, ,580 TOTAL 44, , , , , , ,650 (1) Resources which are not reserves do not have demonstrated economic viability. CONTAINED COPPER WITHIN REPORTED GOLD RESOURCES (1) IN MEASURED (M) GOLD RESOURCES IN INDICATED (I) GOLD RESOURCES (M) + (I) Tonnes Grade Contained lbs Tonnes Grade Contained lbs Contained lbs Tonnes Grade Contained lbs Based on attributable pounds (000's) (%) (millions) (000's) (%) (millions) (millions) (000's) (%) (millions) Pueblo Viejo (60.00%) 6, , , Cerro Casale (75.00%) 17, , , ,570.2 Pascua-Lama 14, , , Buzwagi (63.90%) , , TOTAL 38, , , , , ,596.6 (1) Resources which are not reserves do not have demonstrated economic viability. NICKEL MINERAL RESOURCES (1) MEASURED (M) INDICATED (I) (M) + (I) Tonnes Grade Contained lbs Tonnes Grade Contained lbs Contained lbs Tonnes Grade Contained lbs Based on attributable pounds (000's) (%) (millions) (000's) (%) (millions) (millions) (000's) (%) (millions) Kabanga (50.00%) 6, , , , (1) Resources which are not reserves do not have demonstrated economic viability. 84

6 Mineral Reserves and Resources Notes 1. Mineral reserves ( reserves ) and mineral resources ( resources ) have been estimated as at December 31, 2015 in accordance with National Instrument as required by Canadian securities regulatory authorities. For United States reporting purposes, Industry Guide 7 under the Securities and Exchange Act of 1934 (as interpreted by Staff of the SEC), applies different standards in order to classify mineralization as a reserve. Accordingly, for U.S. reporting purposes, approximately 1.70 million ounces of proven and probable gold reserves at Cortez and approximately 2.11 million ounces of proven and probable gold reserves at Lagunas Norte are classified as mineralized material. In addition, while the terms measured, indicated and inferred mineral resources are required pursuant to National Instrument , the U.S. Securities and Exchange Commission does not recognize such terms. Canadian standards differ significantly from the requirements of the U.S. Securities and Exchange Commission, and mineral resource information contained herein is not comparable to similar information regarding mineral reserves disclosed in accordance with the requirements of the U.S. Securities and Exchange Commission. U.S. investors should understand that inferred mineral resources have a great amount of uncertainty as to their existence and great uncertainty as to their economic and legal feasibility. In addition, U.S. investors are cautioned not to assume that any part or all of Barrick s mineral resources constitute or will be converted into reserves. Calculations have been prepared by employees of Barrick, its joint venture partners or its joint venture operating companies, as applicable, under the supervision of Rick Sims, Senior Director, Resources and Reserves, of Barrick, Steven Haggarty, Senior Director, Metallurgy, of Barrick and Patrick Garretson, Director, Life of Mine Planning, of Barrick. Except as noted below, reserves have been estimated based on an assumed gold price of US$1,000 per ounce for 2016 through 2020 and US$1,200 per ounce from 2021 onwards, an assumed silver price of US$15.00 per ounce for 2016 through 2020 and US$16.50 from 2021 onwards, and an assumed copper price of US$2.75 per pound for 2016 through 2020 and US$3.00 per pound from 2021 onwards (for more information about Barrick s two-tiered approach to estimating reserves, see pages 28 of the Fourth Quarter and Year-End Report 2015) and long-term average exchange rates of 1.31 CAD/US$ and 0.72 US$/AUD. Reserves at Round Mountain have been estimated using an assumed long-term average gold price of US$1,200. Reserves at Kalgoorlie assumed a gold price of AUD$1,400 and Bulyanhulu, North Mara and Buzwagi assumed a gold price of US$1,100. Reserve estimates incorporate current and/or expected mine plans and cost levels at each property. Varying cut-off grades have been used depending on the mine and type of ore contained in the reserves. Barrick s normal data verification procedures have been employed in connection with the calculations. Verification procedures include industrystandard quality control practices. Resources as at December 31, 2015 have been estimated using varying cut-off grades, depending on both the type of mine or project, its maturity and ore types at each property. For a breakdown of reserves and resources by category and for a more detailed description of the key assumptions, parameters, and methods used in estimating Barrick s reserves and resources, see Barrick s most recent Annual Information Form/Form 40-F on file with Canadian provincial securities regulatory authorities and the U.S. Securities and Exchange Commission. 2. On January 11, 2016, the Company divested the Bald Mountain mine and its interest in the Round Mountain mine. For additional information regarding this matter, see page 112 of Barrick s Fourth Quarter and Year-End Report On August 31, 2015, the Company divested 50% of its interest in the Porgera mine. For additional information regarding this matter, see page 112 of Barrick s Fourth Quarter and Year-End Report On December 1, 2015, the Company divested 50% of its interest in the Zaldívar mine. For additional information regarding this matter, see page 112 of Barrick s Fourth Quarter and Year-End Report On December 17, 2015, the Company divested the Ruby Hill mine and its interest in the Spring Valley project. For additional information regarding this matter, see page 112 of Barrick s Fourth Quarter and Year-End Report On July 23, 2015, the Company divested the Cowal mine. For additional information regarding this matter, see page 112 of Barrick s Fourth Quarter and Year-End Report

GOLD MINERAL RESERVES (1) COPPER MINERAL RESERVES (1)

GOLD MINERAL RESERVES (1) COPPER MINERAL RESERVES (1) GOLD MINERAL RESERVES (1) PROVEN PROBABLE TOTAL Tons Grade Contained ozs Tons Grade Contained ozs Tons Grade Contained ozs Based on attributable ounces (000's) (oz/ton) (000's) (000's) (oz/ton) (000's)