Building the Large-Scale Gross Mine

Producing at the Bouly Mine Bouly - Brief Overview and Summary Location Project parameters Location Infrastructure Mine type Start-up date CAPEX 2017 production LOM average AISC Burkina-Faso, 5 km east from Bissa mine Bissa infrastructure is available to support Bouly Open pit, Heap leach September 2016 US$140 million 124 koz, LoM 10 years US$744/oz Leach pad Project Highlights Located within 5 km from Nordgold's operating Bissa mine with key infrastructure already in place Large ore body: 4.8 Moz at 0.56 g/t in M,I&I Mineral Resources and 1.7 Moz at 0.52 g/t in P+P Ore Reserves Construction was completed on schedule in 13 months and under budget Bouly mine reached full capacity just in two months after launch producing 124 koz of gold in 2017, which is almost 5 times more than in 2016 (28 koz) Feasibility Study with strong project economics: 40% IRR at a gold price of US$1,250/oz Possibility of Life of Mine extension through processing of fresh rock ore resources and exploration at flanks 11 nordgold more than gold

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