Barrick Gold 6K Management’s Responsibility for Financial Statements | GOLD 19 Mar 09

Exhibit 99.3

SUMMARY GOLD MINERAL RESERVES AND MINERAL RESOURCES^(1,2)


For the year ended December 31, 2008			2008					2007
		Tons		Grade		Ounces		Tons		Grade		Ounces
Based on attributable ounces		(000s)		(oz/ton)		(000s)		(000s)		(oz/ton)		(000s)

NORTH AMERICA
Goldstrike Open Pit	(proven and probable)		86,254		0.119		10,294		94,914		0.128		12,194
	(mineral resource)		15,751		0.055		868		34,532		0.052		1,788
Goldstrike Underground	(proven and probable)		6,923		0.368		2,545		7,423		0.364		2,700
	(mineral resource)		4,467		0.323		1,444		4,129		0.329		1,359
Goldstrike Property Total	(proven and probable)		93,177		0.138		12,839		102,337		0.146		14,894
	(mineral resource)		20,218		0.114		2,312		38,661		0.081		3,147
Pueblo Viejo (60%)	(proven and probable)		147,946		0.091		13,440		129,125		0.095		12,258
	(mineral resource)		77,068		0.056		4,330		41,674		0.064		2,655
Cortez (100%)⁽³⁾	(proven and probable)		222,125		0.060		13,384		86,457		0.080		6,884
	(mineral resource)		81,088		0.046		3,743		45,744		0.045		2,076
Bald Mountain	(proven and probable)		157,675		0.018		2,846		128,093		0.024		3,059
	(mineral resource)		90,374		0.019		1,718		36,493		0.024		861
Turquoise Ridge (75%)	(proven and probable)		7,961		0.501		3,985		8,429		0.458		3,858
	(mineral resource)		2,467		0.435		1,074		2,469		0.409		1,010
Round Mountain (50%)	(proven and probable)		92,581		0.018		1,621		78,117		0.018		1,442
	(mineral resource)		28,570		0.019		529		16,883		0.022		366
Ruby Hill	(proven and probable)		18,844		0.044		831		18,763		0.050		930
	(mineral resource)		11,919		0.040		480		3,202		0.077		245
Hemlo (50%)	(proven and probable)		7,075		0.080		564		7,419		0.085		633
	(mineral resource)		1,314		0.079		104		2,971		0.122		361
Marigold (33%)	(proven and probable)		25,462		0.020		511		31,106		0.020		631
	(mineral resource)		15,673		0.016		253		17,053		0.020		346
Golden Sunlight	(proven and probable)		8,665		0.062		540		2,495		0.056		140
	(mineral resource)		131		0.061		8		8,300		0.054		451
Eskay Creek	(proven and probable)		—		—		—		35		0.457		16
	(mineral resource)		—		—		—		—		—		—
South Arturo (60%)	(proven and probable)				—						—
	(mineral resource)		22,114		0.045		987		10,757		0.070		752
Donlin Creek (50%)	(proven and probable)		—		—		—		—		—		—
	(mineral resource)		269,496		0.066		17,737		204,869		0.072		14,668
SOUTH AMERICA
Cerro Casale (51%)⁽⁴⁾	(proven and probable)		612,273		0.018		10,831		—		—		—
	(mineral resource)		194,722		0.012		2,372		—		—		—
Pascua-Lama	(proven and probable)		440,226		0.040		17,806		444,610		0.040		17,978
	(mineral resource)		131,494		0.036		4,687		99,158		0.038		3,760
Veladero	(proven and probable)		491,316		0.025		12,233		388,445		0.030		11,660
	(mineral resource)		50,191		0.014		706		27,344		0.018		503
Lagunas Norte	(proven and probable)		230,635		0.039		8,949		222,176		0.039		8,733
	(mineral resource)		55,573		0.023		1,278		105,075		0.025		2,644
Pierina	(proven and probable)		29,182		0.023		683		40,108		0.027		1,073
	(mineral resource)		11,141		0.014		156		12,480		0.016		194
AUSTRALIA PACIFIC
Porgera (95%)	(proven and probable)		78,975		0.099		7,828		79,060		0.104		8,239
	(mineral resource)		61,025		0.066		4,031		56,610		0.074		4,199
Kalgoorlie (50%)	(proven and probable)		77,516		0.056		4,360		79,412		0.058		4,589
	(mineral resource)		8,611		0.059		512		2,835		0.062		175
Cowal	(proven and probable)		79,500		0.035		2,795		81,463		0.035		2,876
	(mineral resource)		31,463		0.034		1,072		23,076		0.035		819
Plutonic	(proven and probable)		5,828		0.179		1,042		12,111		0.151		1,824
	(mineral resource)		11,037		0.157		1,733		18,819		0.144		2,704
Kanowna	(proven and probable)		6,294		0.200		1,256		8,874		0.171		1,519
	(mineral resource)		5,234		0.164		859		4,318		0.157		677
Darlot	(proven and probable)		4,394		0.127		557		5,208		0.126		655
	(mineral resource)		3,598		0.125		451		3,531		0.121		428
Granny Smith	(proven and probable)		3,620		0.136		491		3,449		0.133		458
	(mineral resource)		2,514		0.168		423		3,035		0.155		469
Lawlers	(proven and probable)		2,484		0.142		353		3,199		0.127		407
	(mineral resource)		6,791		0.151		1,023		6,777		0.166		1,128
Henty	(proven and probable)		402		0.229		92		626		0.236		148
	(mineral resource)		199		0.231		46		79		0.165		13
Osborne	(proven and probable)		2,174		0.021		45		4,181		0.020		82
	(mineral resource)		3,410		0.026		89		3,602		0.027		97
Reko Diq (37.5%)	(proven and probable)		—		—		—		—		—		—
	(mineral resource)		1,125,071		0.008		8,487		444,831		0.008		3,741
AFRICA
Bulyanhulu	(proven and probable)		37,728		0.317		11,977		36,052		0.334		12,043
	(mineral resource)		4,936		0.339		1,675		1,516		0.427		647
North Mara	(proven and probable)		30,505		0.099		3,031		36,461		0.099		3,594
	(mineral resource)		19,046		0.063		1,191		12,537		0.064		801
Buzwagi	(proven and probable)		65,088		0.050		3,284		72,687		0.049		3,593
	(mineral resource)		20,371		0.043		886		19,993		0.030		608
Tulawaka (70%)	(proven and probable)		514		0.156		80		739		0.307		227
	(mineral resource)		267		0.330		88		178		0.281		50
OTHER	(proven and probable)		538		0.468		252		346		0.419		145
	(mineral resource)		—		—		—		—		—		—

TOTAL	(proven and probable)		2,980,703		0.046		138,506		2,111,583		0.059		124,588
	(mineral resource)		2,367,126		0.027		65,040		1,274,870		0.040		50,595


⁽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

GOLD MINERAL RESERVES⁽¹⁾


As at December 31, 2008	PROVEN							PROBABLE							TOTAL
	Tons		Grade		Contained ozs			Tons		Grade		Contained ozs			Tons		Grade		Contained ozs
Based on attributable ounces	(000s)		(oz/ton)			(000s)		(000s)		(oz/ton)			(000s)		(000s)		(oz/ton)			(000s)
NORTH AMERICA
Goldstrike Open Pit		56,404		0.113			6,397		29,850		0.131			3,897		86,254		0.119			10,294
Goldstrike Underground		2,815		0.461			1,299		4,108		0.303			1,246		6,923		0.368			2,545
Goldstrike Property Total		59,219		0.130			7,696		33,958		0.151			5,143		93,177		0.138			12,839
Pueblo Viejo (60%)		7,658		0.103			787		140,288		0.090			12,653		147,946		0.091			13,440
Cortez (100%)⁽²⁾		19,379		0.077			1,491		202,746		0.059			11,893		222,125		0.060			13,384
Bald Mountain		77,326		0.019			1,491		80,349		0.017			1,355		157,675		0.018			2,846
Turquoise Ridge (75%)		5,746		0.507			2,914		2,215		0.484			1,071		7,961		0.501			3,985
Round Mountain (50%)		34,305		0.021			723		58,276		0.015			898		92,581		0.018			1,621
Ruby Hill		846		0.056			47		17,998		0.044			784		18,844		0.044			831
Hemlo (50%)		5,993		0.076			455		1,082		0.101			109		7,075		0.080			564
Marigold (33%)		9,929		0.023			228		15,533		0.018			283		25,462		0.020			511
Golden Sunlight		2,188		0.077			168		6,477		0.057			372		8,665		0.062			540
SOUTH AMERICA
Cerro Casale (51%)⁽³⁾		126,562		0.019			2,375		485,711		0.017			8,456		612,273		0.018			10,831
Pascua-Lama		42,680		0.050			2,132		397,546		0.039			15,674		440,226		0.040			17,806
Veladero		31,720		0.025			804		459,596		0.025			11,429		491,316		0.025			12,233
Lagunas Norte		13,515		0.045			606		217,120		0.038			8,343		230,635		0.039			8,949
Pierina		10,900		0.026			286		18,282		0.022			397		29,182		0.023			683
AUSTRALIA PACIFIC
Porgera (95%)		48,836		0.097			4,758		30,139		0.102			3,070		78,975		0.099			7,828
Kalgoorlie (50%)		37,486		0.049			1,854		40,030		0.063			2,506		77,516		0.056			4,360
Cowal		9,960		0.025			247		69,540		0.037			2,548		79,500		0.035			2,795
Plutonic		298		0.181			54		5,530		0.179			988		5,828		0.179			1,042
Kanowna		3,189		0.217			692		3,105		0.182			564		6,294		0.200			1,256
Darlot		2,900		0.118			341		1,494		0.145			216		4,394		0.127			557
Granny Smith		1,067		0.105			112		2,553		0.148			379		3,620		0.136			491
Lawlers		261		0.084			22		2,223		0.149			331		2,484		0.142			353
Henty		—		—			—		402		0.229			92		402		0.229			92
Osborne		1,282		0.026			33		892		0.013			12		2,174		0.021			45
AFRICA
Bulyanhulu		2,122		0.313			664		35,606		0.318			11,313		37,728		0.317			11,977
North Mara		17,944		0.102			1,824		12,561		0.096			1,207		30,505		0.099			3,031
Buzwagi		833		0.047			39		64,255		0.051			3,245		65,088		0.050			3,284
Tulawaka (70%)		382		0.079			30		132		0.379			50		514		0.156			80

OTHER		—		—			—		538		0.468			252		538		0.468			252


TOTAL		574,526		0.057			32,873		2,406,177		0.044			105,633		2,980,703		0.046			138,506

COPPER MINERAL RESERVES⁽¹⁾


	PROVEN						PROBABLE						TOTAL
	Tons		Grade		Contained lbs		Tons		Grade		Contained lbs		Tons		Grade		Contained lbs
Based on attributable pounds	(000s)		(%)		(millions)		(000s)		(%)		(millions)		(000s)		(%)		(millions)

Zaldívar		241,550		0.555		2,681		351,041		0.515		3,613		592,591		0.531		6,294
Osborne		1,282		2.652		68		892		1.682		30		2,174		2.254		98
TOTAL		242,832		0.566		2,749		351,933		0.518		3,643		594,765		0.537		6,392


⁽¹⁾		See accompanying footnote #1

⁽²⁾		See accompanying footnote #2

⁽³⁾		See accompanying footnote #3

GOLD MINERAL RESOURCES^(1,2)


As at December 31, 2008	MEASURED (M)						INDICATED (I)						(M) + (I)		INFERRED

	Tons		Grade		Contained ozs		Tons		Grade		Contained ozs		Contained ozs		Tons		Grade		Contained ozs
Based on attributable ounces	(000s)		(oz/ton)		(000s)		(000s)		(oz/ton)		(000s)		(000s)		(000s)		(oz/ton)		(000s)

NORTH AMERICA
Goldstrike Open Pit		11,584		0.056		654		4,167		0.051		214		868		479		0.092		44
Goldstrike Underground		1,465		0.362		531		3,002		0.304		913		1,444		3,424		0.393		1,346
Goldstrike Property Total		13,049		0.091		1,185		7,169		0.157		1,127		2,312		3,903		0.356		1,390
Pueblo Viejo (60%)		2,613		0.054		142		74,455		0.056		4,188		4,330		7,823		0.059		461
Cortez (100%)⁽³⁾		5,997		0.030		177		75,091		0.047		3,566		3,743		29,912		0.129		3,848
Bald Mountain		28,951		0.023		660		61,423		0.017		1,058		1,718		71,004		0.021		1,525
Turquoise Ridge (75%)		1,708		0.436		745		759		0.433		329		1,074		3,330		0.505		1,683
Round Mountain (50%)		7,649		0.021		163		20,921		0.017		366		529		6,491		0.012		77
Ruby Hill		415		0.048		20		11,504		0.040		460		480		3,495		0.037		129
Hemlo (50%)		939		0.063		59		375		0.120		45		104		1,410		0.134		189
Marigold (33%)		3,268		0.017		55		12,405		0.016		198		253		16,461		0.014		229
Golden Sunlight		57		0.070		4		74		0.054		4		8		1,050		0.043		45
South Arturo (60%)		—		—		—		22,114		0.045		987		987		1,952		0.013		26
Donlin Creek (50%)		5,443		0.073		397		264,053		0.066		17,340		17,737		38,098		0.064		2,428
SOUTH AMERICA
Cerro Casale (51%)⁽⁴⁾		15,281		0.011		162		179,441		0.012		2,210		2,372		129,204		0.011		1,476
Pascua-Lama		12,505		0.039		487		118,989		0.035		4,200		4,687		16,423		0.036		593
Veladero		1,944		0.014		28		48,247		0.014		678		706		79,038		0.009		683
Lagunas Norte		1,557		0.024		38		54,016		0.023		1,240		1,278		8,171		0.043		353
Pierina		2,320		0.015		34		8,821		0.014		122		156		134		0.022		3
AUSTRALIA PACIFIC
Porgera (95%)		26,960		0.076		2,042		34,065		0.058		1,989		4,031		17,800		0.130		2,306
Kalgoorlie (50%)		2,964		0.060		177		5,647		0.059		335		512		1,625		0.135		220
Cowal		—		—		—		31,463		0.034		1,072		1,072		1,458		0.030		44
Plutonic		118		0.186		22		10,919		0.157		1,711		1,733		4,888		0.246		1,204
Kanowna		2,781		0.157		438		2,453		0.172		421		859		8,122		0.117		950
Darlot		512		0.133		68		3,086		0.124		383		451		137		0.212		29
Granny Smith		470		0.172		81		2,044		0.167		342		423		5,354		0.237		1,267
Lawlers		53		0.113		6		6,738		0.151		1,017		1,023		1,889		0.136		256
Henty		—		—		—		199		0.231		46		46		35		0.200		7
Osborne		1,175		0.023		27		2,235		0.028		62		89		3,527		0.020		71
Reko Diq (37.5%)		639,161		0.008		4,968		485,910		0.007		3,519		8,487		895,089		0.009		8,398
AFRICA
Bulyanhulu		—		—		—		4,936		0.339		1,675		1,675		12,415		0.370		4,592
North Mara		9,209		0.061		563		9,837		0.064		628		1,191		682		0.063		43
Buzwagi		1		—		—		20,370		0.043		886		886		983		0.039		38
Tulawaka (70%)		—		—		—		267		0.330		88		88		44		0.364		16

OTHER		—		—		—		—		—		—		—		592		0.294		174


TOTAL		787,100		0.016		12,748		1,580,026		0.033		52,292		65,040		1,372,539		0.025		34,753

COPPER MINERAL RESOURCES ^(1,2)


As at December 31, 2008	MEASURED (M)						INDICATED (I)						(M) + (I)		INFERRED

	Tons		Grade		Contained lbs		Tons		Grade		Contained lbs		Contained lbs		Tons		Grade		Contained lbs
Based on attributable pounds	(000s)		(%)		(millions)		(000s)		(%)		(millions)		(millions)		(000s)		(%)		(millions)

Zaldívar		27,416		0.474		260		72,249		0.430		621		881		135,182		0.470		1,271
Osborne		1,175		1.830		43		2,235		1.655		74		117		3,527		1.375		97
Reko Diq (37.5%)		639,161		0.535		6,842		485,910		0.477		4,631		11,473		895,089		0.478		8,549
TOTAL		667,752		0.535		7,145		560,394		0.475		5,326		12,471		1,033,798		0.480		9,917


⁽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

CONTAINED SILVER WITHIN REPORTED GOLD RESERVES⁽¹⁾


For the year ended Dec. 31, 2008	IN PROVEN GOLD RESERVES						IN PROBABLE GOLD RESERVES						TOTAL

	Tons		Grade		Contained ozs		Tons		Grade		Contained ozs		Tons		Grade		Contained ozs		Process
Based on attributable ounces	(000s)		(oz/ton)		(000s)		(000s)		(oz/ton)		(000s)		(000s)		(oz/ton)		(000s)		recovery %

NORTH AMERICA
Pueblo Viejo (60%)		7,658		0.66		5,052		140,288		0.53		73,733		147,946		0.53		78,785		87.1	%
SOUTH AMERICA
Cerro Casale (51%)⁽²⁾		126,562		0.06		7,302		485,711		0.05		22,810		612,273		0.05		30,112		46.0	%
Pascua-Lama		42,680		1.77		75,544		397,546		1.62		642,080		440,226		1.63		717,624		78.5	%
Lagunas Norte		13,515		0.11		1,527		217,120		0.11		22,800		230,635		0.11		24,327		20.3	%
Veladero		31,720		0.40		12,561		459,596		0.46		213,629		491,316		0.46		226,190		6.4	%
Pierina		10,900		0.27		2,924		18,282		0.20		3,728		29,182		0.23		6,652		43.9	%

AFRICA
Bulyanhulu		2,122		0.18		390		35,606		0.25		9,073		37,728		0.25		9,463		65.0	%


TOTAL		235,157		0.45		105,300		1,754,149		0.56		987,853		1,989,306		0.55		1,093,153		61.7	%


⁽¹⁾		Silver is accounted for as a by-product credit against reported or projected gold production costs.

⁽²⁾		See accompanying footnote #3

CONTAINED COPPER WITHIN REPORTED GOLD RESERVES⁽¹⁾


For the year ended Dec. 31, 2008	IN PROVEN GOLD RESERVES						IN PROBABLE GOLD RESERVES						TOTAL

	Tons		Grade		Contained lbs		Tons		Grade		Contained lbs		Tons		Grade		Contained lbs		Process
Based on attributable pounds	(000s)		(%)		(millions)		(000s)		(%)		(millions)		(000s)		(%)		(millions)		recovery %

NORTH AMERICA
Pueblo Viejo (60%)		7,658		0.119		18.2		140,288		0.091		254.8		147,946		0.092		273.0		79.5	%

SOUTH AMERICA
Cerro Casale (51%)⁽²⁾		126,562		0.192		486.2		485,711		0.229		2,221.0		612,273		0.221		2,707.2		82.8	%
Pascua-Lama		42,680		0.093		79.6		397,546		0.072		569.9		440,226		0.074		649.5		57.6	%

AFRICA
Buzwagi		855		0.006		0.1		64,255		0.137		176.5		65,088		0.136		176.6		76.4	%
Bulyanhulu		2,122		0.339		14.4		35,606		0.604		429.9		37,728		0.589		444.3		84.9	%


TOTAL		179,877		0.166		598.5		1,123,406		0.163		3,652.1		1,303,283		0.163		4,250.6		72.4	%


⁽¹⁾		Copper is accounted for as a by-product credit against reported or projected gold production costs.

⁽²⁾		See accompanying footnote #3

CONTAINED SILVER WITHIN REPORTED GOLD RESOURCES⁽¹⁾


For the year ended Dec. 31, 2008	MEASURED (M)						INDICATED (I)						(M) + (I)		INFERRED

	Tons		Grade		Contained ozs		Tons		Grade		Contained ozs		Ounces		Tons		Grade		Contained ozs
Based on attributable ounces	(000’s)		(oz/ton)		(000’s)		(000’s)		(oz/ton)		(000’s)		(000’s)		(000’s)		(oz/ton)		(000’s)

NORTH AMERICA
Eskay Creek		—		—		—		—		—		—		—		—		—		—
Pueblo Viejo (60%)		2,613		0.37		969		74,455		0.33		24,591		25,560		7,823		0.63		4,932

SOUTH AMERICA
Cerro Casale (51%)⁽²⁾		15,281		0.04		569		179,441		0.03		6,061		6,630		129,204		0.03		3,825
Pascua-Lama		12,505		0.69		8,625		118,989		0.66		79,064		87,689		16,423		0.69		11,397
Lagunas Norte		1,557		0.12		191		54,016		0.09		4,813		5,004		8,171		0.08		673
Veladero		1,944		0.39		763		48,247		0.35		17,017		17,780		79,038		0.33		25,731
Pierina		2,320		0.35		802		8,821		0.33		2,912		3,714		134		0.11		15

AFRICA
Bulyanhulu		—		—		—		4,936		0.32		1,600		1,600		12,415		0.29		3,644


TOTAL		36,220		0.33		11,919		488,905		0.28		136,058		147,977		253,208		0.20		50,217


⁽¹⁾		Resources which are not reserves do not have demonstrated economic viability.

⁽²⁾		See accompanying footnote #3

CONTAINED COPPER WITHIN REPORTED GOLD RESOURCES⁽¹⁾


For the year ended Dec. 31, 2008	IN MEASURED (M) GOLD RESOURCES						IN INDICATED (I) GOLD RESOURCES						(M) + (I)		INFERRED

	Tons		Grade		Contained lbs		Tons		Grade		Contained lbs		Contained lbs		Tons		Grade		Contained lbs
Based on attributable pounds	(000’s)		(%)		(millions)		(000’s)		(%)		(millions)		(millions)		(000’s)		(%)		(millions)

NORTH AMERICA
Pueblo Viejo (60%)		2,613		0.086		4.5		74,455		0.072		107.9		112.4		7,823		0.040		6.2

SOUTH AMERICA
Cerro Casale (51%)⁽²⁾		15,281		0.159		48.6		179,441		0.194		697.1		745.7		129,204		0.194		500.5
Pascua-Lama		12,505		0.080		20.1		118,989		0.068		160.9		181.0		16,423		0.030		10.0

AFRICA
Buzwagi		1		0.001		0.0		20,370		0.145		59.2		59.2		237		0.148		0.7


TOTAL		30,400		0.120		73.2		393,255		0.130		1,025.1		1,098.3		153,687		0.168		517.4


⁽¹⁾		Resources which are not reserves do not have demonstrated economic viability.

⁽²⁾		See accompanying footnote #3

NICKEL MINERAL RESOURCES⁽¹⁾

For the year ended Dec. 31, 2008

MEASURED (M)

INDICATED (I)

(M) + (I)

INFERRED

Tons

Grade

Contained lbs

Tons

Grade

Contained lbs

Tons

Grade

Contained lbs

Based on attributable pounds

(000’s)

(%)

(millions)

(000’s)

(%)

(millions)

(000’s)

(%)

(millions)

AFRICA

Kabanga (50%)

—

5,346

2.376

254.0

20,007

2.802

1,121.0


⁽¹⁾		Resources which are not reserves do not have demonstrated economic viability.

PLATINUM MINERAL RESOURCES⁽¹⁾

For the year ended Dec. 31, 2008

MEASURED (M)

INDICATED (I)

(M) + (I)

INFERRED

Tons

Grade

Contained ozs

Tons

Grade

Contained ozs

Ounces

Tons

Grade

Contained ozs

Based on attributable ounces

(000’s)

(oz/ton)

(000’s)

(oz/ton)

(000’s)

(oz/ton)

(000’s)

RUSSIA

Fedorova (50%)

—

189,947

0.01

1,136

17,433

0.01

AFRICA

Sedibelo (10%)

—

5,841

0.08

440

3,528

0.10

352

TOTAL

—

195,788

0.01

1,576

20,961

0.02

440


⁽¹⁾		Resources which are not reserves do not have demonstrated economic viability.

PALLADIUM MINERAL RESOURCES⁽¹⁾

For the year ended Dec. 31, 2008

MEASURED (M)

INDICATED (I)

(M) + (I)

INFERRED

Tons

Grade

Contained ozs

Tons

Grade

Contained ozs

Ounces

Tons

Grade

Contained ozs

Based on attributable ounces

(000’s)

(oz/ton)

(000’s)

(oz/ton)

(000’s)

(oz/ton)

(000’s)

RUSSIA

Fedorova (50%)

—

189,947

0.03

5,100

17,433

0.03

465

AFRICA

Sedibelo (10%)

—

5,841

0.04

206

3,528

0.05

177

TOTAL

—

195,788

0.03

5,306

20,961

0.03

642


⁽¹⁾		Resources which are not reserves do not have demonstrated economic viability.

MINERAL RESERVES AND RESOURCES NOTES

1. Mineral reserves (“reserves”) and mineral resources (“resources”) have been calculated as at December 31, 2008 in accordance with National Instrument 43-101 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, Cerro Casale is classified as mineralized material and approximately 600,000 ounces of reserves for Pueblo Viejo (Barrick’s 60% interest) are classified as mineralized material. In addition, while the terms “measured”, “indicated” and “inferred” mineral resources are required pursuant to National Instrument 43-101, 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 Ivan Mullany, Senior Director, Metallurgy and Process Development, Technical Services of Barrick, Rick Allan, Senior Director, Mining of Barrick, and Rick Sims, Senior Director, Resources and Reserves of Barrick. Reserves have been calculated using an assumed long-term average gold price of $US 725 ($Aus. 850) per ounce, a silver price of $US 13.50 per ounce, a copper price of $US 2.00 per pound and exchange rates of $1.10 $Can/$US and $0.85 $US/$Aus. Reserve calculations 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. Resources as at December 31, 2008 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 calculating 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. In March 2008, Barrick increased its interest in the Cortez property from 60% to 100%. 2008 reserves and resources for the Cortez property reflect Barrick’s 100% interest. 2007 reserves and resources for the Cortez property reflect Barrick’s then 60% interest.

3. In December 2007, Barrick acquired a 51% interest in the Cerro Casale project through its acquisition of Arizona Star Resources Corp. 2008 reserves and resources for the Cerro Casale project reflect Barrick’s 51% interest. 2007 reserves and resources do not reflect Barrick’s acquisition of its 51% interest in the Cerro Casale project.

CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION

Certain information contained in this Summary Gold Mineral Reserves and Mineral Resources, including any information as to our strategy, plans or future financial or operating performance and other statements that express management’s expectations or estimates of future performance, constitute “forward-looking statements”. All statements, other than statements of historical fact, are forward-looking statements. The words “believe”, “expect”, “will”, “anticipate”, “contemplate”, “target”, “plan”, “continue’, “budget”, “may”, “intend”, “estimate” and similar expressions identify forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. The Company cautions the reader that such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual financial results, performance or achievements of Barrick to be materially different from the Company’s estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. These risks, uncertainties and other factors include, but are not limited to: the impact of global liquidity and credit availability on the timing of cash flows and the values of assets and liabilities based on projected future cash flows; changes in the worldwide price of gold, copper or certain other commodities (such as silver, fuel and electricity); fluctuations in currency markets; changes in U.S. dollar interest rates or gold lease rates; risks arising from holding derivative instruments; ability to successfully complete announced transactions and integrate acquired assets; legislative, political or economic developments in the jurisdictions in which the Company carries on business; operating or technical difficulties in connection with mining or development activities; employee relations; availability and increasing costs associated with mining inputs and labor; the speculative nature of exploration and development, including the risks of obtaining necessary licenses and permits and diminishing quantities or grades of reserves; adverse changes in our credit rating; level of indebtedness and liquidity; contests over title to properties, particularly title to undeveloped properties; and the risks involved in the exploration, development and mining business. Certain of these factors are discussed in greater detail in the Company’s most recent Form 40-F/Annual Information Form on file with the U.S. Securities and Exchange Commission and Canadian provincial securities regulatory authorities.

The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.

Barrick Gold (GOLD) 6-KManagement’s Responsibility for Financial Statements