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Presentation - Kinross Gold

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DISCIPLINED PROJECT DEVELOPMENT<br />

TASIAST ADVANCES TO FEASIBILITY STUDY<br />

• Feasibility study will explore a number of options to improve overall economics<br />

PRE-FEASIBILITY STUDY<br />

Estimated 10 million recoverable<br />

ounces<br />

OPPORTUNITY TO ADD VALUE<br />

Did not include other known mineral resource<br />

ounces<br />

Heavy fuel oil as energy source<br />

Exploring potential of lower-cost natural gas<br />

Did not include potential district<br />

exploration upside<br />

Tasiast is a large district with significant long-term<br />

exploration potential<br />

Throughput of 30,000 tpd<br />

Targeting higher production, lower costs with<br />

38,000 tpd mill<br />

www.kinross.com<br />

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