Barrick's criteria
Barrick's criteria for project advancement requires the potential for a project to host either a Tier 1 or Tier 2 ore body. Tier 1 projects are defined by Barrick as having 5 million ounce or greater potential with annual production of at least 500,000 ounces of gold for 10 years, Tier 2 projects have 3 million ounce or greater potential with annual production of 300,000 ounces of gold for 10 years.7