Technical Report for the Fort Knox Mine - Kinross Gold

Fort Knox Mine Technical Report(predicted) to A-ore mined (actual) at the Fort Knox Mine for the 2007 operating year.The reconciliation is based on grade control data using 0.0150 opt Au and 0.0125 opt Aucutoffs for A-ore and B-ore, respectively.Table 17-5: Ore Reconciliation for 2007A-Ore B-Ore Total Mill OreSource Model Tonnes Grade Gold Tonnes Grade Gold Tonnes Grade Gold('000's) (g/t) (oz) ('000's) (g/t) (oz) ('000's) (g/t) (oz)Resource 9,607 0.98 303,087 2,224 0.46 32,680 11,831 0.88 335,767Ore Control 10,169 1.06 345,770 1,951 0.49 30,591 12,119 0.97 376,361% Difference 5.9% 7.8% 14.1% -12.3% 6.7% -6.4% 2.4% 9.4% 12.1%The reconciliation showed that the mineral model estimated total ore tones, grade andounces to be less (2.4%, 9.4% and 12.1% respectively) than the ore control modelrevealed. Over the two-year period consisting of 2006 and 2007 (not depicted), themineral model underestimated total ounces by 4.7%.The qualified person has no knowledge of any environmental, permitting, legal,ownership, taxation, political or other relevant issue that would materially affect thecurrent mineral resource and mineral reserve estimates.65