Growth Strategy – Exploration (2002 Highlights)

Nevada

Gold Margin

Pit Laybacks,

Emigrant

Expansion

Yanacocha

Corimayo,

Chaquicocha

Martabe

Mineral Inventory

Growth

Batu Hijau

Depth Potential

Martha

Favona

Discovery

Pajingo

Untested Vein Field

Groundrush

Extensions

Akim

Depth and

Strike Extensions

Callie

Down Plunge

Extensions

Jundee

Westside

Discovery

Golden Grove

Amity, Ethel,

Hougoumont,

Catalpa

Discoveries in

last 2 Years

Yamfo-Sefwi

Adengo Anomaly

Reserve Extensions

Ovacik

Vein Extensions

• ᡖ specific projects ongoing

• ᢒ drills currently turning

• Model updates during Q4

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