appendix a bald mountains2.q4cdn.com/496390694/files/doc_news/2017/02/appendix-a... ·...

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Kinross Gold Corporation 25 York Street, 17 th Floor Toronto, ON Canada M5J 2V5 1 Kinross provides update on organic development projects and exploration Appendix A APPENDIX A Bald Mountain Figure 1 (Bald Mountain): Plan map of the Bald Mountain property outlined in blue (North and South areas) and black (JV area) highlighting 2016 drill programs at Saga, Vantage, Top and Redbird (circled in red).

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Page 1: APPENDIX A Bald Mountains2.q4cdn.com/496390694/files/doc_news/2017/02/Appendix-A... · 2017-02-15 · Kinross Gold Corporation 25 York Street, 17th Floor Toronto, ON Canada M5J 2V5

Kinross Gold Corporation 25 York Street, 17th Floor

Toronto, ON Canada M5J 2V5

1 – Kinross provides update on organic development projects and exploration – Appendix A

APPENDIX A

Bald Mountain Figure 1 (Bald Mountain): Plan map of the Bald Mountain property outlined in blue (North and South areas) and black (JV area) highlighting 2016 drill programs at Saga, Vantage, Top and Redbird (circled in red).

Page 2: APPENDIX A Bald Mountains2.q4cdn.com/496390694/files/doc_news/2017/02/Appendix-A... · 2017-02-15 · Kinross Gold Corporation 25 York Street, 17th Floor Toronto, ON Canada M5J 2V5

Kinross Gold Corporation 25 York Street, 17th Floor

Toronto, ON Canada M5J 2V5

2 – Kinross provides update on organic development projects and exploration – Appendix A

Figure 2 (Bald Mountain): Section 20600N of the Saga deposit host rock and mineralization relationship, highlighting the current pit outline, the extension of mineralization down dip and the $1400 pit shell generated from the 2016 mineral resource estimate update by the Bald Mountain exploration team.

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Kinross Gold Corporation 25 York Street, 17th Floor

Toronto, ON Canada M5J 2V5

3 – Kinross provides update on organic development projects and exploration – Appendix A

Figure 3 (Bald Mountain): Cross-section N22°W of the Vantage deposit highlighting the relationship of oxide and carbonaceous mineralization in the bedrock. Locations of 2016 metallurgical drill core holes and representative intersections at bottom left of image are included for reference. Refer to “Explanatory Notes” available on page 4 and Appendix B for detailed drill results, available at http://www.kinross.com/files/doc_news/2017/02/Appendix-B_Q4-YE-2016-Exploration-Drill-Results_February-15.xlsx

Page 4: APPENDIX A Bald Mountains2.q4cdn.com/496390694/files/doc_news/2017/02/Appendix-A... · 2017-02-15 · Kinross Gold Corporation 25 York Street, 17th Floor Toronto, ON Canada M5J 2V5

Kinross Gold Corporation 25 York Street, 17th Floor

Toronto, ON Canada M5J 2V5

4 – Kinross provides update on organic development projects and exploration – Appendix A

Explanatory Notes Bald Mountain exploration results Results are reported for 130 diamond core and reverse circulation (RC) drill holes completed at Bald Mountain: 7 at Top, 11 at Redbird and 112 at the Vantage Complex (28 at Gator, 6 at Luxe, 7 at Saddle and 71 at Vantage). All 7 Top holes are RC drill holes. The 11 Redbird holes are diamond drill core holes of HQ diameter with RC pre-collars of variable depth. The Vantage Complex drill holes consist of RC holes, HQ diameter diamond core holes and PQ diameter diamond core holes (the latter are used to collect metallurgical material). Collar locations are reported in the Bald Mountain Local Grid, in survey-metres. The HQ diamond core samples are typically sampled on nominal 5 foot (~1.5 metre) intervals. Samples are sawed in half, along the length, with half placed in a clean sample bag and sent to the lab, with the remaining half stored on site in core boxes. Reverse Circulation samples are collected at the drill rig on 5-foot intervals, passed through a rotary splitter to reduce sample size to around 5 kg, and collected in canvas or micropore sample bags. A small split is washed and collected in plastic chip trays for geological logging and storage on site. PQ diamond core holes at Vantage were drilled to obtain material for metallurgical test work. Chip-samples were collected on nominal 10-foot intervals with one 1-inch diameter chip collected every foot. Assays for chip-sampled metallurgical core are only used to define intervals for metallurgical composites and are not used for resource or reserve calculations. QAQC samples including certified standards, blanks and field duplicates are included on an average of 4 per 40 sample batch (10%). All samples were sent to ALS Minerals in Reno, Nevada, USA, an ISO/IEC 17025:2005 certified laboratory. A nominal 30 g pulp is fire assayed with AAS finish. Samples with fire assay values >3.4 ppm have a second pulp split assayed by gravimetric method. All samples with fire assay values >0.13 ppm will have gold by cyanide leach and AAS (30 g nominal sample weight). All results for the Bald Mountain drill campaigns are reported on the attached table as Au grams per metric tonne (Au g/t). No more than 20 feet (~6 metres) of internal waste (<0.13 g/t) is included in composite calculations and high grade samples were not cut. Only downhole intercept widths (instead of true widths) are reported due to the irregular nature and/or preliminary understanding of the mineralization. The technical information about the Company’s drilling and exploration activities at Bald Mountain contained in this news release has been prepared under the supervision of the Officer with the Company who is a “qualified person” within the meaning of National Instrument 43-101. The drill hole database, including collar, survey, geology and assay information, were reviewed by the “qualified person” and the composite assay information independently calculated and verified for accuracy of reporting. Assay certificates for the information disclosed in this news release were verified by the Site Exploration Manager but not by the Officer as the “qualified person”.

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Kinross Gold Corporation 25 York Street, 17th Floor

Toronto, ON Canada M5J 2V5

5 – Kinross provides update on organic development projects and exploration – Appendix A

Round Mountain Figure 4 (Round Mountain): Cross section of the 2016 Round Mountain Phase W drill programs, Phase 1 (red) and Phase 2 (blue), relative to the current life of mine pit outline (black). Block model of Phase W mineral resource estimate showing continuity of mineralization and grade (Moz/T) down-dip.

Page 6: APPENDIX A Bald Mountains2.q4cdn.com/496390694/files/doc_news/2017/02/Appendix-A... · 2017-02-15 · Kinross Gold Corporation 25 York Street, 17th Floor Toronto, ON Canada M5J 2V5

Kinross Gold Corporation 25 York Street, 17th Floor

Toronto, ON Canada M5J 2V5

6 – Kinross provides update on organic development projects and exploration – Appendix A

Kupol Figure 5 (Kupol): Surface map showing 2016 Minex targets, including the South Zone Hanging Wall, Big Bend Deep, Zone 650 SE and North Extension, relative to Kupol Main Vein and surface mine infrastructure.

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Kinross Gold Corporation 25 York Street, 17th Floor

Toronto, ON Canada M5J 2V5

7 – Kinross provides update on organic development projects and exploration – Appendix A

Figure 6 (Kupol): Long section of Kupol Vein looking west. Mineralization remains open in certain zones with the greatest potential for near-term extensions at 650 zone in the south, Big Bend Deep, and North Extension (Star) with a geochemical anomaly that extends approximately 1.8 kilometres north.

Page 8: APPENDIX A Bald Mountains2.q4cdn.com/496390694/files/doc_news/2017/02/Appendix-A... · 2017-02-15 · Kinross Gold Corporation 25 York Street, 17th Floor Toronto, ON Canada M5J 2V5

Kinross Gold Corporation 25 York Street, 17th Floor

Toronto, ON Canada M5J 2V5

8 – Kinross provides update on organic development projects and exploration – Appendix A

Dvoinoye Figure 7 (Dvoinoye): Plan map of the Dvoinoye Zone 1 area, highlighting mineralization (projected to surface) and locations of 2016 drill holes.

Inset plan map (bottom left) shows location of Zone 1 relative to Dvoinoye mine. The location of the cross-section in Figure 8 is shown in white (A-

A’)

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Kinross Gold Corporation 25 York Street, 17th Floor

Toronto, ON Canada M5J 2V5

9 – Kinross provides update on organic development projects and exploration – Appendix A

Figure 8 (Dvoinoye): Cross section A-A’ of Dvoinoye Zone 1 mineralization, showing locations of selected results from the 2016 infill drill program (bottom right, #4-6). The 2016 Zone 1 infill drill program was designed as a short-hole program to upgrade the shallow resources below the existing pit floor to the current mineral reserve estimate. Drill holes and significant intercepts from 2015 and 2013 drill programs are included to highlight continuity of mineralization at depth. Refer to “Explanatory Notes” available on page 10 and Appendix B for detailed drill results, available at

http://www.kinross.com/files/doc_news/2017/02/Appendix-B_Q4-YE-2016-Exploration-Drill-Results_February-15.xlsx

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Kinross Gold Corporation 25 York Street, 17th Floor

Toronto, ON Canada M5J 2V5

10 – Kinross provides update on organic development projects and exploration – Appendix A

Explanatory Notes Dvoinoye exploration results The six drill holes reported from Dvoinoye were drilled from 2013, 2015 and 2016, and are included in this report as representative of the Zone 1 mineralization. These are diamond drill core holes all of HQ diameter. Collar locations are reported in UTM. Composite assay intervals reported for diamond drill core results are calculated by taking a weighted average of all gold fire assay values equal to or above 1.0 gram per tonne Au equivalent for the 2015 samples, and equal to or above 2.0 g/t Aueq for the 2013 and 2016 samples. No more than three consecutive metres of internal waste (<1.0 g/t Aueq in 2015, and <2.0 g/t Aueq in 2013 and 2016) is accepted, and high grade samples are not capped. Down hole widths are reported, with true widths included for certain drill intersections where the true width is less than 89% of the down-hole interval. The reader is referred to the Kupol & Dvoinoye NI 43-101 Technical Report dated March 31, 2015, available under the Company’s profile at www.sedar.com, for a full description of drilling methods, sampling procedures and QA/QC protocols. The technical information about the Company’s drilling and exploration activities at Dvoinoye contained in this news release has been prepared under the supervision of the Officer with the Company who is a “qualified person” within the meaning of National Instrument 43-101. The drill hole data base including collar, survey, geology and assay information were reviewed by the “qualified person” and the composite assay information independently calculated and verified for accuracy of reporting. Assay certificates for the information disclosed in this news release were verified by the Regional Director Exploration and the Site Exploration Manager but not by the Officer as the “qualified person”.

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Kinross Gold Corporation 25 York Street, 17th Floor

Toronto, ON Canada M5J 2V5

11 – Kinross provides update on organic development projects and exploration – Appendix A

Kettle River Figure 9 (Kettle River): Plan map highlighting the location of the historic K2 Mine area, in the Curlew district relative to the Kettle River Mill and currently operating Buckhorn Mine area.

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Kinross Gold Corporation 25 York Street, 17th Floor

Toronto, ON Canada M5J 2V5

12 – Kinross provides update on organic development projects and exploration – Appendix A

Figure 10 (Kettle River): Cross section looking west of historic K2 Mine workings (blue), including East Vein, Stealth Vein and Emmanuel Creek, relative to significant 2016 target areas, the Lower Portal (yellow) and K5 Zone (red).

Page 13: APPENDIX A Bald Mountains2.q4cdn.com/496390694/files/doc_news/2017/02/Appendix-A... · 2017-02-15 · Kinross Gold Corporation 25 York Street, 17th Floor Toronto, ON Canada M5J 2V5

Kinross Gold Corporation 25 York Street, 17th Floor

Toronto, ON Canada M5J 2V5

13 – Kinross provides update on organic development projects and exploration – Appendix A

Tasiast Figure 11 (Tasiast): Geological map of the 2016 Tasiast and Tasiast South (Tamaya) targets, especially Prolongation, Piment and the Tasiast South Sadraya target. Red and magenta dots indicate grade x metre results greater than 30 and 50, respectively. Refer to “Explanatory Notes” available on page 14 and Appendix B for detailed drill results, available at http://www.kinross.com/files/doc_news/2017/02/Appendix-B_Q4-YE-2016-Exploration-Drill-Results_February-15.xlsx

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Kinross Gold Corporation 25 York Street, 17th Floor

Toronto, ON Canada M5J 2V5

14 – Kinross provides update on organic development projects and exploration – Appendix A

Explanatory Notes Tasiast exploration results A total of 24 reverse circulation (RC) drill holes and two diamond drill holes are reported for a single target in the Tasiast South area called Sadraya. The diamond drill holes are of HQ core diameter. Collar locations are reported in UTM WGS84. Abbreviations used are: NSI - No Significant Intersections. Samples from Tasiast are prepared and analyzed by fire assay using a 50 gram charge with an AAS finish at ALS Minerals (at ISO-accredited laboratories at the Tasiast mine site). Field duplicate samples are taken, and blanks and standards are added to every batch submitted according to industry standards. Diamond drill core is sampled according to lithological boundaries and vein widths, but the maximum sample interval does not exceed 1.50 m in length. For RC core, sampling is conducted at every 1.0 m drilled interval, then the sample is weighed, sieved and split into 2 - 3 kg batches from which sub-samples for analysis are taken. Composite intervals for reverse circulation and diamond core holes were calculated by taking a weighted average of all gold fire assay values equal to or above 0.3 grams per tonne, with no more than 3 metres of internal waste (<0.3 g/t gold) and no top cutting. All assay intervals are reported with down-hole thickness only, as there is insufficient information on this new district target to provide estimates of true thickness. The reader is referred to the Tasiast Project, Mauritania National Instrument 43-101 Technical Report dated March 31, 2014, available under the Company’s profile at www.sedar.com, for a full description of drilling methods, sampling procedures and QA/QC protocols. The technical information about the Company’s drilling and exploration activities at Tasiast contained in this news release has been prepared under the supervision of the Officer with the Company who is a “qualified person” within the meaning of National Instrument 43-101. The drill hole data base including collar, survey, geology and assay information were reviewed by the “qualified person” and the composite assay information independently calculated and verified for accuracy of reporting. Assay certificates for the information disclosed in this news release were verified by the Regional Director Exploration and Site Exploration Manager but not by the Officer as the “qualified person”.

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Kinross Gold Corporation 25 York Street, 17th Floor

Toronto, ON Canada M5J 2V5

15 – Kinross provides update on organic development projects and exploration – Appendix A

Fort Knox Figure 12 (Fort Knox): Aerial view of the Fort Knox open pit mine, highlighting the 2016 East and South Wall drill program with collar locations shown in red.