EX-99.2 3 tv496119_ex99-2.htm EXHIBIT 99.2

Exhibit 99.2

Fort Knox Mine

Fairbanks North Star Borough, Alaska, USA

National Instrument 43-101 Technical Report

Prepared for:

Kinross Gold Corporation

Prepared by:

John Sims, AIPG Certified Professional Geologist

Effective Date: June 11, 2018

| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

CONTENTS

Contents | i
Tables | iii
Figures | iv
1 | SUMMARY | 1
| 1.1 | Executive Summary | 1
| 1.2 | Technical Summary | 1
2 | INTRODUCTION | 12
| 2.1 | Qualified Persons | 13
| 2.2 | Information Sources | 14
| 2.3 | Effective Dates | 14
| 2.4 | List of Abbreviations | 15
3 | RELIANCE ON OTHER EXPERTS | 16
4 | PROPERTY DESCRIPTION AND LOCATION | 17
| 4.1 | Location and Overview | 17
| 4.2 | Mineral Tenure and Rights | 17
| 4.3 | Other Private Lands | 21
| 4.4 | Royalties and Other Encumbrances | 21
| 4.5 | Permitting | 22
5 | ACCESSIBILITY, CLIMATE, LOCAL RESOURCES, INFRASTRUCTURE and physiography | 23
| 5.1 | Accessibility, Local Resources, and Infrastructure | 23
| 5.2 | Climate | 24
| 5.3 | Physiography | 25
6 | HISTORY | 26
| 6.1 | Prior Ownership | 26
| 6.2 | Exploration and Development History | 26
| 6.3 | Past Production | 28
7 | GEOLOGICAL SETTING AND MINERALIZATION | 30
| 7.1 | Regional Geology | 30
| 7.2 | Local Geology | 32
| 7.3 | Fort Knox Deposit Geology and Mineralization | 32
| 7.4 | Gil Deposit Geology and Mineralization | 34
8 | DEPOSIT TYPES | 38
9 | EXPLORATION | 39
10 | DRILLING | 40
| 10.1 | Drilling Methods and Equipment | 40
| 10.2 | Drillhole Summary | 40
| 10.3 | Collar and Downhole Surveys | 43
| 10.4 | Recovery | 44
| 10.5 | Logging Procedures | 44
| 10.6 | Geotechnical, Hydrogeological and Metallurgical Drilling | 45

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

11 | SAMPLE COLLECTION, PREPARATION, ANALYSES, AND SECURITY | 46
| 11.1 | Sampling Methodology | 46
| 11.2 | Sample Security | 47
| 11.3 | Sample Preparation | 47
| 11.4 | Sample Analysis | 48
| 11.5 | Quality Assurance and Quality Control | 49
| 11.6 | Comment on Sample Preparation, Analyses, and Security | 56
12 | DATA VERIFICATION | 57
| 12.1 | Fort Knox | 57
| 12.2 | Gil | 58
| 12.3 | Comment on Data Verification | 58
13 | MINERAL PROCESSING AND METALLURGICAL TESTING | 60
| 13.1 | Fort Knox | 60
| 13.2 | Gil | 65
14 | MINERAL RESOURCE ESTIMATE | 67
| 14.1 | Mineral Resource Statement | 67
| 14.2 | Fort Knox Mineral Resource Estimate | 68
| 14.3 | Gil Mineral Resource Estimate | 87
15 | MINERAL RESERVE ESTIMATE | 100
| 15.1 | Basis of Reserve Estimate and Pit Optimization | 100
| 15.2 | Comment on Mineral Reserves | 102
16 | MINING METHODS | 104
| 16.1 | Mine Design and Parameters | 105
| 16.2 | Production Rates and Life-of-Mine | 109
| 16.3 | Stripping Requirements | 111
| 16.4 | Mine Equipment | 112
| 16.5 | Personnel Requirements | 112
17 | RECOVERY METHODS | 113
| 17.1 | Milling Methods and Capacity | 113
| 17.2 | Heap Leach Facilities | 116
| 17.3 | Heap Leach Operations | 117
| 17.4 | Power, Water, and Process Material Requirements | 117
18 | PROJECT INFRASTRUCTURE | 120
| 18.1 | Roads and Pipelines | 120
| 18.2 | Dumps, Stockpiles, and Heap Leach | 120
| 18.3 | Tailings Disposal | 121
| 18.4 | Water Supply | 123
| 18.5 | Power Supply | 123
| 18.6 | Buildings and Equipment Areas | 123
19 | MARKET STUDIES AND CONTRACTS | 125
20 | ENVIRONMENTAL STUDIES, PERMITTING, AND SOCIAL OR COMMUNITY IMPACT | 126
| 20.1 | Environmental Management | 126
| 20.2 | Permitting | 134
| 20.3 | Social and Community Requirements | 139
| 20.4 | Mine Closure Requirements and Costs | 139

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

21 | CAPITAL AND OPERATING COSTS | 144
| 21.1 | Capital Costs | 144
| 21.2 | Operating Costs | 144
22 | ECONOMIC ANALYSIS | 145
23 | ADJACENT PROPERTIES | 145
24 | OTHER RELEVANT DATA AND INFORMATION | 147
25 | INTERPRETATION AND CONCLUSIONS | 148
26 | RECOMMENDATIONS | 149
27 | REFERENCES | 150
28 | DATE AND SIGNATURE PAGE | 152
Appendix A – Complete Listing of State Mining Claims | 153

TABLES

Table 1-1: Fort Knox Mineral Resource Estimate Effective December 31, 2017. | 6
Table 1-2: Gil Mineral Resource Estimate Effective December 31, 2017. | 6
Table 1-3: Fort Knox Mineral Reserve Estimate Effective December 31, 2017. | 7
Table 1-4: Fort Knox Initial Capital Cost Summary (US$ x 1,000). | 10
Table 1-5: Fort Knox Sustaining Capital Cost Summary (US$ x 1,000). | 10
Table 1-6: Fort Knox Operating Cost Summary (US$ x 1,000). | 11
Table 4-1: Mineral Rights – Lease Summary, Fort Knox Property. | 20
Table 4-2: Mineral Tenure – Patented Claim Summary, Fort Knox Property. | 20
Table 4-3: Mineral Tenure – Unpatented State Claim Summary, Fort Knox Property. | 21
Table 4-4: Royalties and Other Encumbrances. | 22
Table 6-1: Fort Knox Production Summary. | 29
Table 10-1: Fort Knox Drilling Summary by Campaign and Type. | 41
Table 10-2: Gil Drilling Summary by Campaign and Type. | 42
Table 11-1: Summary of Standards used at Fort Knox. | 50
Table 11-2: Summary of primary lab sample volume by year and sample type | 51
Table 11-3: Summary of blank and wash material analyzed at the primary laboratory | 52
Table 11-4: Total Standards Submitted by Year and Laboratory | 54
Table 11-5: Gil 2012 to 2014 Summary of Analytical Quality Control Data – Blanks. | 56
Table 11-6: Gil 2012 to 2014 Summary of Analytical Quality Control Data – CRM. | 56
Table 13-1: Summary of Gilmore Metallurgical Testwork. | 61
Table 14-1: Fort Knox Mineral Resource Estimate Effective December 31, 2017. | 67
Table 14-2: Gil Mineral Resource Estimate Effective December 31, 2017. | 68
Table 14-3: Fort Knox Drillhole Database Statistics. | 69
Table 14-4: Fort Knox Summary of Core Drilling Density Data Since 2005. | 71
Table 14-5: Fort Knox Summary of Core Drilling Density Data by Ore/Waste. | 71
Table 14-6: Fort Knox Domains and Contact Relationships. | 74
Table 14-7: Fort Knox Au Capping Analysis. | 76
Table 14-8: Summary Raw Gold Assay Statistics by Domain. | 77

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Table 14-9: Fort Knox Composite Statistics by Domain. | 79
Table 14-10: Fort Knox Variography Parameters (2nd Structure). | 80
Table 14-11: Model Estimation Parameters. | 82
Table 14-12: Fort Knox Classification Summary. | 83
Table 14-13: Re-blocked Block Model Extents and Parameters. | 84
Table 14-14: Production Reconciliation January 2016 through December 2017. | 87
Table 14-15: Gil-Sourdough Lithological Codes. | 88
Table 14-16: Gil Specific Gravity by Domain. | 88
Table 14-17: Gil Au Capping Analysis. | 89
Table 14-18: Gil Uncapped and Capped Au Composite Statistics by Domain1. | 90
Table 14-19: Gil Capped and Declustered Au Statistics by Domain1. | 90
Table 14-20: Gil Variography Parameters. | 91
Table 14-21: Gil Estimation Domains and Contact Relationships. | 94
Table 14-22: Gil 2014 Block Model Origin and Extents. | 95
Table 14-23: Gil 2014 Resource Model Variables. | 96
Table 14-24: Gil Resource Cutoff Calculation. | 98
Table 15-1: Fort Knox Mineral Reserve Estimate Effective December 31, 2017. | 100
Table 15-2: Fort Knox Pit Optimization Parameters. | 103
Table 16-1: Fort Knox Life of Mine Plan Production Schedule in Metric Tons | 110
Table 16-2: Projected Primary Mining Fleet Composition. | 112
Table 20-1: Key Operating Permits and Environmental Assessments. | 134
Table 21-1: Fort Knox Initial Capital Cost Summary (US$ x 1,000). | 144
Table 21-2: Fort Knox Sustaining Capital Cost Summary (US$ x 1,000). | 144
Table 21-3: Fort Knox Operating Cost Summary (US$ x 1,000). | 144

FIGURES

Figure 2-1: Fort Knox Mine Location. | 13
Figure 4-1: General Location of Fort Knox Mine and Gil Project. | 18
Figure 4-2: Mineral Tenure and Rights at Fort Knox Mine and Gil Project. | 19
Figure 5-1: Fort Knox Mine Local Infrastructure. | 24
Figure 7-1: Regional Geology of the Fairbanks District, Yukon-Tanana Terrane. | 31
Figure 7-2: Property Geology at Fort Knox. | 33
Figure 7-3: Local Geology at Gil (Bundtzen and Laird, 2010; Bundtzen et al., 2014). | 36
Figure 7-4: Gil Interpreted Geological Cross-section. | 37
Figure 10-1: Gil Drillhole Location Plan. | 43
Figure 13-1: Milling Operation Head Grade versus Recovery Relationship with Operational Data. | 60
Figure 13-2: Au Recovery vs. Head Grade, Gilmore Phase 9 and 10. | 62
Figure 13-3: Gold Recovery (RMAX) versus Head Grade Curve. | 63
Figure 13-4: Leach Ore Saturated Hydraulic Conductivity Profiles. | 64
Figure 13-5: Gil Gold Recovery vs Leach Pad Solution Volume. | 65
Figure 13-6: Gil Cyanide Consumption vs Recovery. | 66
Figure 14-1: Contact Plots of Global Domain Relationships. | 75
Figure 14-2: Log Cumulative Probability Plot of Uncapped Assay Data (opt) Domain=20. | 78
Figure 14-3: SWATH Plots of Au Grades by Easting (X), Northing(Y), and Elevation (Z) (opt) | 85

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Figure 14-4: Fort Knox Grade-Tonnage Curve. | 86
Figure 14-5: Gil and North Gil Section View Showing Domains. | 92
Figure 14-6: Gil Contact Plot Analysis. | 93
Figure 14-7: Gil Swath Plots by Northing, Easting, and Elevation. N.B. Au grade is in opt. | 98
Figure 16-1: Excavator and Haul Trucks Working in the Fort Knox Pit. | 105
Figure 16-2: Fort Knox Mine Phases, Final Pit Design and Site Layout. | 106
Figure 16-3: Cross section of Fort Knox as of December 31, 2017. | 107
Figure 16-4: Fort Knox Geotechnical Slope Sectors. | 108
Figure 16-5: Fort Knox Life of Mine Mining and Processing Schedule. | 110
Figure 16-6: Gilmore pushbacks on Section 10,500’ N (section looking north). | 111
Figure 17-1: Fort Knox Plant Simplified Process Flow Sheet. | 114
Figure 17-2: Fort Knox Mill Complex Site Plan. | 116
Figure 17-3: Block flow diagram for Gilmore Project Processing. | 117
Figure 18-1: Fort Knox Project Infrastructure. | 122

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

| 1 | SUMMARY

1.1 | Executive Summary

Kinross Gold Corporation (Kinross) has prepared a Technical Report for the wholly-owned and operated Fort Knox mine (Fort Knox) and Gil project (Gil), located in Fairbanks North Star Borough, Alaska. In June 2018, Kinross completed a Feasibility Study (FS) of an expansion of the Fort Knox open pit, referred to as Gilmore. This report describes the current mining operation as well the extended life of mine including Gilmore. The Technical Report conforms to National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43-101) and has an effective date of June 11, 2018. Kinross will be using this Technical Report to support disclosure of mineral resources and mineral reserves at Fort Knox and mineral resources at Gil.

1.2 | Technical Summary

Kinross’ Fort Knox property includes the Fort Knox open pit mine, mill, tailings storage facility, heap leach, the Gil project, and the True North open pit mine (which is under post-closure monitoring). In general, “Fort Knox” in this report refers specifically to the Fort Knox open pit operation or deposit, whereas “Fort Knox property” refers to the broader land package and assets listed previously. Mineral resources for the Fort Knox and Gil deposits are discussed and reported separately.

1.2.1 | Property Description and Location

Fort Knox is located 42 km by road northeast of the city of Fairbanks, in Alaska, United States of America. Kinross’ mining and exploration properties are located within the Fairbanks mining district, a northeast trending belt of lode and placer gold deposits that is one of the largest gold producing areas in the state of Alaska.

The Fort Knox property includes the Fort Knox open pit mine, mill, heap leach, tailings storage facility, True North open pit and the Gil property, and encompasses 31,884 ha. The property package is located within US State Plane, Alaska 5003, Zone 3 coordinates of 419,700 mE, 1,235,600 mN and 461,500 mE, 1,218,200 mN. The Fort Knox open pit mine is located within the boundaries of the State of Alaska Upland Mining Lease (the “Fort Knox Upland Mining Lease”). Surrounding areas are owned or controlled by State mining claims and various leases with the State and private landowners.

All requisite permits have been obtained for mining of the existing Fort Knox open pit mine and are in good standing in all material respects. Current expansion projects for waste rock and heap leach were approved by the necessary agencies in 2017.

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Permitting approvals related to the Gilmore expansion are expected to be issued in due course.

1.2.2 | Accessibility, Climate, Local Resources, Infrastructure, and Physiography

The Fort Knox mine is situated close to the city of Fairbanks, which is a major population, service, and supply centre for the interior region of Alaska. Fairbanks is the second largest city in Alaska, with an estimated population of approximately 32,000 residents and a further 67,000 residents within the Fairbanks North Star Borough. Services and supplies to support the local and regional needs, along with the mining and processing operations of Kinross, are available in Fairbanks. Fairbanks is served by major airlines and the Alaska Railroad, and is connected to Anchorage and Whitehorse, Canada by a series of well-maintained paved highways.

Access to the Fort Knox mine from Fairbanks is by 34 km of paved highway and 8 km of unpaved road. The True North mine is located 18 km west of Fort Knox and is accessible by an unpaved road.

The Fairbanks area has a continental sub-arctic climate, with long cold winters and short summers. The Fort Knox mine operates 365 days per year. Weather conditions, such as temperature inversions or slippery road surfaces, will typically negatively affect production in the open pit for only portions of a few shifts annually.

The topography of the region comprises low hills and broad valleys occupied by meandering streams, with elevation ranging from 150 to 1,000 m. In the predominantly forested region, vegetation varies by soil-type and includes spruce, birch and willow trees, various shrubs, grasses, and mosses. Permafrost is discontinuous throughout the project area.

1.2.3 | History

An Italian prospector named Felix Pedro discovered gold in the Fairbanks mining district in 1902. Between 1902 and 1993, more than 8 Moz of predominately placer gold was mined in the district. In 1984, a geologist discovered visible gold in granite-hosted quartz veins on the Fort Knox property. Between 1987 and 1991, a number of companies conducted extensive exploration work on the Fort Knox, True North, and Gil properties. In 1992, Amax Gold Inc. (now Kinross) acquired ownership of Fort Knox. Construction of the Fort Knox mine and mill operations began in 1995 and was completed in 1997. Commercial production at Fort Knox was achieved on March 1, 1997. In 2008, Kinross commenced construction of a heap leach processing facility, which was commissioned in 2009.

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

In 1991, Amax Gold Inc. entered into a joint venture agreement with Teryl Resources Corp. to explore the Gil property. In 2011, Kinross acquired Teryl’s remaining interest in the Gil property.

Kinross acquired ownership of the True North property in 1999 as a result of the acquisition of La Teko Resources and from acquiring Newmont’s 65% interest in the property.

1.2.4 | Geological Setting and Mineralization

The Fairbanks mining district is located in the northwestern part of the Yukon-Tanana terrane, which consists of Paleoproterozoic, polymetamorphosed schist, of primarily sedimentary origin. The terrane is bounded on the north by the Tintina fault system and on the south by the Denali Fault system. E-W to NW-directed faults and shears are present and are locally an important structural control to mineralization at most gold occurrences in the district.

The Fairbanks Schist, a unit of the Yukon-Tanana terrane, is host to much of the mineralization in the Fairbanks mining district. The dominant lithologies present include grey to brown, fine-grained micaceous-quartz schist and micaceous quartzite. Interlayered within the Fairbanks Schist is the Cleary sequence, a more varied assemblage of metamorphic lithologies. The Fairbanks Schist has undergone amphibolite facies metamorphism followed by a retrograde greenschist facies event.

The Fort Knox, Gilmore Dome, and Pedro Dome plutons are post-metamorphic, Late Cretaceous granitic complexes that intrude the metamorphic rocks in the eastern half of the Fairbanks mining district. A plutonic origin has been ascribed to much of the gold mineralization in the Fairbanks district. Fort Knox is hosted entirely within granite, whereas the other gold occurrences are in favourable metamorphic units or structures, near plutonic rocks.

Gold mineralization at Fort Knox Mine is hosted entirely within the Late Cretaceous Fort Knox granite pluton. The contact with the Fairbanks Schist is abrupt. Drilling indicates that the pluton contacts plunge steeply to the north and south and moderately to the east and west.

Gold occurs within, and along the margins of pegmatite vein swarms and quartz veins and veinlets. Numerous SW-dipping fault zones influence the orientation of the vein swarms and the geometry of ore zones. Weak to moderate development of vein-and-fracture-controlled phyllic, potassic, albitic, and argillic alteration styles are present. Gold occurs attached to bismuth-minerals, sulfide, and non-sulfide gangue, and as

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

complex intergrowth or solid solution/exsolution texture grains with native bismuth, maldonite, bismuthinite, and/or molybdenite.

Gold mineralization at Gil primarily occurs in quartz-sulphide and quartz-carbonate veins, clay-filled shear zones, and limonite-stained fractures, which crosscut nearly all lithologies. Gold mineralization is widespread, but both gold grade and continuity are related to complex interactions among hydrothermal fluids, host rocks, and structure.

1.2.5 | Exploration

Exploration has been undertaken by FGMI, and standard exploration procedures have been used at Fort Knox and Gil including reconnaissance and detailed geologic mapping, soil and rock chip sampling, and trenching based on soil anomalies.

1.2.6 | Drilling

The current geologic model for the Fort Knox deposit has been defined by 1,843 drillholes with a total length of 451,417 m. A subset of 1,584 drillholes totalling 384,824 m with valid assay data was used to develop the current resource model. The Gil deposit has been defined by a total of 738 drillholes with a total length of 73,876 m.

Core diameter size has been predominantly HQ3 (61.1 mm) since 2012, and was HQ (63.5 mm) in 2011, PQ3 (83.1 mm) from 1998 to 2010, and PQ (85.0 mm) before 1998. Since 2011, FGMI has used a triple tube recovery system to minimize fines loss. RC holes completed by FGMI typically have a diameter of 139.7 mm.

1.2.7 | Sample Collection, Preparation, Analyses, and Security

Both core and RC samples are taken on 1.52 m (5 ft) intervals. Samples are stored in an area with controlled access inside or near the secure core logging facility before being shipped to an independent laboratory, currently ALS Minerals in Vancouver, B.C., Canada.

FGMI’s Quality Control and Quality Assurance (QA/QC) program is designed to ensure the accuracy and integrity of the data. The analytical quality control program includes the submission of blank, certified reference material (CRM), and duplicate samples as well as umpire check assaying.

The results of all submitted control samples are carefully monitored, and FGMI’s technical staff investigates any samples falling outside of the permitted values, with the

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

batch re-run if necessary. Annual analytical quality control reviews are prepared by site geologists.

1.2.8 | Data Verification

A number of verification checks have been performed on data collected from both Fort Knox and Gil, either in support of technical reports or resource models, or as part of FGMI’s internal validation process. These include external audits of Fort Knox by SRK in 2014, and by RPA in 2011 and 2008. The Gil database was subject to an internal database audit in 2013.

1.2.9 | Mineral Processing and Metallurgical Testing

The relationship between head grade and mill recovery has been investigated by FGMI staff through the life of the operation.

For the Walter Creek Heap Leach, projected recoveries were based on laboratory testing of eight bulk samples which were representative of the material to be leached. At the conclusion of the heap leach operation, the cumulative recovery from all tonnes placed is estimated to be approximately 68% of the contained gold.

A 2016 study of the Gilmore ore body compared the geochemical characteristics of the mined areas of the Fort Knox pluton and the proposed new mining area in the Gilmore dome. With the available geochemical data, it was observed that there is little difference between the two areas. Based on these results, the physical characteristics and mineralogy of Gilmore ore are expected to be similar to previously mined and processed ore from the existing Fort Knox pit. Heap leach testing, including bottle roll and column leach tests, was conducted on samples from the Gilmore property from 2015 to 2017.

Projected heap leach recoveries for Gil are based on laboratory testing of six column tests from FGMI and three column tests conducted by a commercial testing laboratory. Gold recovery in the tests was shown to be related to the solution: ore ratio and leaching time, such that after irrigation with 2.6 tonnes solution per tonne of ore, an average recovery of 70% was projected. Cyanide consumption is also related to the irrigation rate and time.

1.2.10 | Mineral Resource Estimate

Mineral Resources for Fort Knox (Table 1-1) and Gil (Table 1-2) are reported exclusive of Mineral Reserves within a US$1,400/oz gold price pit shell, but outside of the Life of

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Mine US$1,200/oz gold price pit. Mineral resources are reported at a cutoff grade of 0.10 g/t gold for Fort Knox and 0.21 g/t for Gil.

Table 1-1: Fort Knox Mineral Resource Estimate Effective December 31, 2017.

Classification | Tonnes (000’s) | Grade (Au g/t) | Ounces (000’s)
Measured | 6,606 | 0.36 | 77
Indicated | 110,824 | 0.33 | 1,185
Subtotal M&I | 117,429 | 0.33 | 1,262
Inferred | 101,579 | 0.32 | 1,031

Notes:

| 1. | Mineral Resources are exclusive of Mineral Reserves.

| 2. | The above mineral resource estimate is classified in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum’s “CIM Definition Standards - For Mineral Resources and Mineral Reserves" incorporated by reference into National Instrument 43-101 “Standards of Disclosure for Mineral Projects".

| 3. | Mineral Resources are estimated at a cutoff grade of 0.10 g/t Au based on a gold price of US$1,400/oz.

| 4. | The mineral resource estimates reported in this technical report are different from those reported in Kinross’ year-end mineral reserve and resource statement set out in its news release dated February 14, 2018 and its Annual Information Form dated March 31, 2018. The mineral resource estimate as at December 31, 2017 for Fort Knox has been updated from that previously reported based on the feasibility study work completed during 2018.

Table 1-2: Gil Mineral Resource Estimate Effective December 31, 2017.

Classification | Tonnes (000’s) | Grade (Au g/t) | Ounces (000’s)
Measured | - | - | -
Indicated | 29,516 | 0.56 | 533
Subtotal M&I | 29,516 | 0.56 | 533
Inferred | 4,026 | 0.49 | 63

Notes:

| 1. | Mineral Resources are exclusive of Mineral Reserves.

| 2. | The above mineral resource estimate is classified in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum’s “CIM Definition Standards - For Mineral Resources and Mineral Reserves" incorporated by reference into National Instrument 43-101 “Standards of Disclosure for Mineral Projects".

| 3. | Mineral Resources are estimated at a cutoff grade of 0.21 g/t Au based on a gold price of US$1,400/oz.

1.2.11 | Mineral Reserve Estimate

The Proven and Probable Mineral Reserves as of December 31, 2017 are based on a gold price of US$1,200/oz (Table 1-3). Mineral reserves are reported for Fort Knox only; there are currently no reserves for Gil.

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Table 1-3: Fort Knox Mineral Reserve Estimate Effective December 31, 2017.

Classification | Tonnes (000’s) | Grade (Au g/t) | Ounces (000’s)
Proven | 51,366 | 0.39 | 645
Probable | 230,870 | 0.37 | 2,729
TOTAL | 282,236 | 0.37 | 3,374
Reserve Stockpile | 5,587 | 0.29 | 51

Notes:

| 1. | The above mineral resource estimate is classified in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum’s “CIM Definition Standards - For Mineral Resources and Mineral Reserves" incorporated by reference into National Instrument 43-101 “Standards of Disclosure for Mineral Projects".

| 2. | The cutoff grades are based on a gold price of US$1,200/oz.

| 3. | Proven Reserve includes stockpiles.

| 4. | Mineral Reserves are reported to a cutoff grade of 0.41 g/t Au for A-ore (mill), 0.25 g/t for B-ore (stockpile), and 0.10 g/t for C-ore (leach).

| 5. | The mineral reserve estimates reported in this technical report are different from those reported in Kinross’ year-end mineral reserve and resource statement set out in its news release dated February 14, 2018 and its Annual Information Form dated March 31, 2018. The mineral reserve estimate as at December 31, 2017 for Fort Knox has been updated from that previously reported based on the feasibility study work completed during 2018.

1.2.12 | Mining Methods

The Fort Knox Gilmore expansion will be an extension of current operations from 2021 to 2027. The existing operation is a conventional hard-rock open pit using drilling, blasting, loading, hauling and support functions. Currently mine operations are moving approximately 63 to 73 million tonnes of material each year, combining productive mining from open pit and rehandle activities. Of this material volume, approximately 13 to 14 million tonnes per year of the best available grade are processed through a CIL mill facility with waste storage in a tailings facility. An additional 9 to 27 million tonnes of lower grade ore are typically processed via heap leach on the current heap leach facility, Walter Creek. Typical productive mining rates during the Gilmore expansion periods will range from 63 to 75 million tonnes per year.

1.2.13 | Recovery Methods

Fort Knox currently operates two ore processing lines: a mill operation consisting of crushing, grinding, gravity concentration, agitated cyanide leaching, and a carbon-in-pulp (CIP) circuit; and a run-of-mine valley-fill cyanide heap leaching operation where gold is recovered using two parallel carbon-in-column (CIC) circuits. In the near future, an additional valley-fill heap leach pad will be constructed and operated in series with the existing heap leach pad. Gold is recovered from solution by electrowinning and poured into doré bars at the mill refinery.

Higher grade ore from the Fort Knox mine is processed in the CIP mill located near the Fort Knox open pit. The mill processes ore 24 hours per day, 365 days per year at a nominal capacity of 36,287 t/d (40,000 stpd) of fresh feed. The mill includes a primary

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

crusher, a conventional semi-autogenous mill and two ball mills operating in closed-circuit with hydrocyclones to control grind size, gravity concentrators to recover coarse gold, cyanide tank leaching, recovery of gold on activated carbon in the CIP circuit, and a carbon elution and carbon regeneration circuit. In recent years, typical recovery has been in the range of 81% to 83%.

Fort Knox currently operates a valley-fill run-of-mine heap leach facility, Walter Creek Heap Leach (WCHL). Material is dumped throughout the year with occasional stops when there is too much snow. However, irrigation of the heap is maintained year-round using buried piping and dripper systems. The heap was created by covering the valley ground surface with an impermeable synthetic liner. Run-of-mine ore from the pit and existing stockpiles is hauled uphill, and with addition of lime, is dumped onto existing leach cells in 15 m (50 ft) lifts. The existing WCHL leach pad will continue to operate in series with the new Barnes Creek Heap Leach (BCHL) pad, where the pregnant solution from BCHL will be processed through both existing CIC circuits. Gold is recovered from the strip solution by electrowinning and refined into doré bars at the mill refinery. Leached tailings would remain on the ROM leach pad after the operation.

1.2.14 | Project Infrastructure

The private Fish Creek Road provides access to the property from the state highway. The major pipelines on the site are for dewatering, freshwater, heap leach, decant, and seepage reclaim.

Three waste dumps are located adjacent to the pit; the Barnes Creek, Yellow Pup, and Fish Creek waste dumps. There are typically stockpiles for all ore types (A, B, and C ore). The WCHL pad is located in the upper end of the Walter Creek drainage, immediately upstream of the tailings storage facility. The new BCHL will be located immediately north of the Fort Knox pit. These facilities can process a total of 263 million tonnes of ore, effective January 1, 2018 (73 million tonnes on WCHL, 190 million tonnes on BCHL).

The permitted area of the Tailings Storage Facility (TSF) encompasses approximately 630 ha (1,556 ac). The TSF dam is approximately 1,338 m long and 107 m tall at the crest. It impounds all of the tailings generated by the mill. The TSF and the mill form a closed system for process water. Water used in the mill is pumped from the decant pond and process water that has had the cyanide level reduced to low levels is returned to the decant pond in the tailings slurry.

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

The fresh water supply reservoir provides make-up water to the Mill and Barge Pond and is located on Fish Creek approximately 5 km below the tailings impoundment and encompasses approximately 70 ha (173 ac).

The Fort Knox monthly electrical power requirement ranges between 32 and 35 Mw, and is supplied by a power line extending from the Golden Valley Electric Association substation at Gold Hill to the Fort Knox site, a distance of approximately 47 km.

Buildings on site include the mill complex, administration and security building, maintenance facility and warehouse, and primary crusher and control office.

1.2.15 | Environmental Studies, Permitting, and Social or Community Impact

Fort Knox operates in material compliance with applicable environmental laws and regulations and with Kinross’ policies on environment, health and safety. There are no known material environmental concerns at Fort Knox. A comprehensive Environmental, Health, and Safety System is in place and comprises 18 environmental management plans to manage, monitor, and maintain process components site wide.

The TSF is designed and operated according to the Guidelines for Cooperation with the Alaska Dam Safety Program. The Tailings Dam Operation and Maintenance Manual has been developed to include these guidelines, along with the Alaska Department of Environmental Conservation’s monitoring requirements. The Tailings Dam Operation and Maintenance Manual is subject to a rigorous review and audit process and is updated on an annual basis.

Various inspections and reviews of the TSF are carried out including: routine, extraordinary, and periodic inspections; quarterly instrumentation reviews; annual dam inspections; internal triennial third-party dam reviews; construction completion reports; failure modes and effects analysis; engineering risk assessment; and dam break analysis.

Kinross estimates the net present value of future cash outflows for site restoration costs at Fort Knox and True North under International Financial Reporting Standards (“IFRS”), International Accounting Standard 37 (“IAS 37”) and International Financial Reporting Interpretation Committee 1 (“IFRIC 1”) for the year ended December 31, 2017, at approximately US$98.8 million. Kinross currently has posted approximately US$98.1 million of letters of credit to various regulatory agencies in connection with its closure obligations at Fort Knox and True North.

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

1.2.16 | Capital and Operating Costs

Capital costs for the Gilmore expansion and life-of-mine (LOM) sustaining capital are summarized in Table 1-4 and Table 1-5, respectively.

Table 1-4: Fort Knox Initial Capital Cost Summary (US$ x 1,000).

Initial Capital Cost | Equipment/ Infrastructure | Mine Development | Total
Surface | 19,081 | 82,229 | 101,309
Processing | 58,786 | - | 58,786
Total | 77,867 | 82,229 | 160,096

Table 1-5: Fort Knox Sustaining Capital Cost Summary (US$ x 1,000).

Sustaining Capital Cost | Equipment/ Infrastructure | Mine Development | Other | Total
Surface | 128,164 | 343,585 | - | 471,749
Processing | 99,585 | - | - | 99,585
Other | 850 | - | 4,500 | 5,350
Total | 228,599 | 343,585 | 4,500 | 576,684

Operating costs are tracked and well understood. Total LOM operating costs and 2017 target cost per tonne are summarized in Table 1-6.

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Table 1-6: Fort Knox Operating Cost Summary (US$ x 1,000).

Operating Costs | US$ LOM | Unit Cost
Mining (incl. Capitalized Stripping) | 1,322,148 | 2.191
Milling Cost | 202,495 | 6.492
Heap Leach Cost | 360,665 | 1.443
G&A | 325,494 | 25,0384
Total | 2,210,802 |

| 1. | $/tonne mined

| 2. | $/tonne milled

| 3. | $/tonne stacked

| 4. | LOM average yearly G&A

1.2.17 | Economic Analysis

Under NI 43-101 rules, a producing issuer may exclude the information required for Item 22 – Economic Analysis on properties currently in production, unless the Technical Report prepared by the issuer includes a material expansion of current production. Kinross is a producing issuer, the Fort Knox mine is currently in production, and a material expansion of production is not included in the current LOM plans. Kinross has carried out an economic analysis of Fort Knox using the estimates presented in this report and confirms that the outcome is a positive cash flow that supports the statement of Mineral Reserves.

1.2.18 | Conclusions

Kinross views Fort Knox as a valuable asset in a favourable jurisdiction. With the Gilmore expansion, the Fort Knox mine life has been extended to 2027.

Kinross is confident in the assessment presented in this Technical Report. However, the Fort Knox asset is subject to many risks including, but not limited to: commodity price assumptions (particularly relative movement of gold and oil prices), unanticipated inflation of capital or operating costs, significant changes in equipment productivities, geotechnical assumptions in pit designs, ore dilution or loss, throughput and recovery rate assumptions, availability of financing and changes in modelled taxes.

1.2.19 | Recommendations

There are no recommendations at this time as Fort Knox is a fully operational mine.

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

2 | INTRODUCTION

Kinross Gold Corporation (Kinross) has prepared a Technical Report for the wholly-owned and operated Fort Knox mine (Fort Knox) and Gil project (Gil), located in Fairbanks North Star Borough, Alaska, United States of America, as seen in Figure 2-1. Fairbanks Gold Mining Inc. (FGMI) is Kinross’ operating entity for Fort Knox and Gil. The Technical Report conforms to National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43-101) and has an effective date of June 11, 2018. Kinross will be using this Technical Report to support disclosure of mineral resources and mineral reserves at Fort Knox and mineral resources at Gil.

In June 2018, Kinross completed a Feasibility Study (FS) of an expansion of the Fort Knox open pit, referred to as Gilmore. This report describes the current mining operation as well the extended life of mine including Gilmore.

All measurement units used in this Technical Report are metric unless stated otherwise, and currency is expressed in US dollars. Metric tonnes and short tons are represented by the abbreviations “t” and “st”, respectfully. All other abbreviations that reference tonnes or tons follow this convention, with the exception of “opt” which maintains its common industry meaning of ounces per short ton. For a full list of abbreviations see Section 2.4.

Information used to support this Technical Report has been derived from the reports and documents listed in the References section of this Technical Report.

The use of the terms “we”, “us”, “our”, or “Kinross” in this Technical Report refer to Kinross Gold Corporation.

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Figure 2-1: Fort Knox Mine Location.

2.1 | Qualified Persons

The Qualified Person (QP) for this Technical Report is John Sims, AIPG Certified Professional Geologist.

Mr. Sims visited the site most recently in April 2017. During the site visit, Mr. Sims inspected core, sample cutting and logging areas; discussed geology, mineralization, and reviewed geological interpretations with staff; and inspected the major infrastructure and current mining operations. All sections in this Technical Report have been prepared under the supervision of Mr. Sims.

Kinross has a "layered" QP structure, with corporate and site QPs. Site QPs are geologists or engineers in the site technical services organization, and are responsible for ensuring that resource and reserve estimates comply with NI 43-101 standards. The Corporate QPs are in Kinross' corporate Technical Services department, and include experienced professionals in resource geology, mining engineering, metallurgy and geotechnical engineering. For the purpose of resource and reserve estimation, the corporate and site QPs work under the supervision of the Kinross Company QP, Mr. Sims. Although Mr. Sims is the only QP to publicly sign off on Kinross reserves and resources and this Technical Report, it is Kinross policy that the corporate and site QPs meet the requirements to be a QP under NI 43-101.

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

2.2 | Information Sources

Information used to support this Technical Report was derived from previous technical reports on the property, and from the reports and documents listed in the References section of this Technical Report.

Preparation of the Mineral Resource estimates included in this report was supervised by John Sims, Vice-President, Technical Services, Resource Geology and Brownfields Exploration, and Chris Ekstrom, Chief Geologist at Fort Knox.

Preparation of the Mineral Reserve estimates included in this report was supervised by John Sims, Vice-President, Technical Services, Resource Geology and Brownfields Exploration, Todd Carstensen, Director, Mine Planning, Kinross Technical Services and Craig Natrop, Technical Services Manager at Fort Knox.

2.3 | Effective Dates

This report has an effective date of June 11, 2018. Resources and reserves are reported effective December 31, 2017.

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

2.4 | List of Abbreviations

m | micron | m | metre
mg | microgram | M | mega (million)
mm | micrometre | m2 | square metre
°C | degree Celsius | m3 | cubic metre
°F | degree Fahrenheit | m3/h | cubic metres per hour
% | percent | masl | metres above sea level
$ | United States dollar | mE | metres East (coordinates)
ac | acre | min | minute
Au | Gold | ML | million litres
CIC | carbon-in-column | mm | millimetre
CIP | carbon-in-pulp | mN | metres North (coordinates)
cm | centimetre | Moz | million ounces
cm2 | square centimetre | Mst | million short tons
d | day | Mt | million metric tonnes
dmt | dry metric tonne | Mt/a | million metric tonnes per annum
ft | foot | MW | megawatt
ft2 | square foot | MWh | megawatt hours
ft3 | cubic foot | opt | ounces per short ton
g | gram | oz | Troy ounce (31.1035g)
gal | US gallon | st | short ton
gpm | US gallons per minute | st/cf | short tons per cubic foot
g/cc | grams per cubic centimetre | stpa | short tons per year
g/t | grams per tonne | stpd | short tons per day
ha | hectare | t | metric tonne
hp | horsepower | t/a | metric tonnes per year
in | inch | t/d | metric tonnes per day
in2 | square inch | t/m3 | metric tonnes per cubic metre
k | thousand (kilo) | US$ | United States dollar
kg | kilogram | US$/BBL | US$ per oil barrel (42 US gallons)
kg/t | kilograms per metric tonne | US$/g | US dollar per gram
km | kilometre | US$/kWh | US$ per kilowatt hour
km2 | square kilometre | US$/L | US$ per litre
koz | thousand ounces | US$/oz | US dollar per Troy ounce
kt | thousand tonnes | US$/t | US dollar per metric tonne
kt/d | thousand metric tonnes per day |  |
kW | kilowatt |  |
kWh | kilowatt-hour |  |
L | litre |  |
L/m | litres per minute |  |
L/t | litres per metric tonne |  |
lb | pounds |  |
lb/st | pounds per short ton |  |

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

3 | RELIANCE ON OTHER EXPERTS

In the preparation of the Technical Report, the Qualified Person relied on information provided by internal Kinross legal counsel for the discussion of legal matters in Sections 4, 19, and 20.

Except for the purposes legislated under provincial securities law, any other use of this report by any third parties is at this party’s sole risk.

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

4 | PROPERTY DESCRIPTION AND LOCATION

4.1 | Location and Overview

Fort Knox is located 42 km by road northeast of the city of Fairbanks, in Alaska, United States of America (Figure 4-1). It is situated in the Fairbanks North Star Borough. Kinross’ mining and exploration properties are located within the Fairbanks mining district, a northeast trending belt of lode and placer gold deposits that is one of the largest gold producing areas in the state of Alaska.

The Fort Knox Mine property includes the Fort Knox open pit mine, mill, heap leach, tailings storage facility, encompassing 30,226 ha. The property package is located within US State Plane, Alaska 5003, Zone 3 coordinates of 419,700 mE, 1,235,600 mN and 461,500 mE, 1,218,200 mN (Figure 4-1).

4.2 | Mineral Tenure and Rights

4.2.1 | Overview

FGMI controls a large and diverse group of properties that comprise its mineral holdings in the Fairbanks Mining District, summarized in Figure 4-2. These properties include State of Alaska mining claims, patented mining claims and private land. Some of the claims are owned outright, while others are controlled through leases. In total, the Fort Knox property encompasses 31,204 ha (77,107 ac). Mineral reserves at the Fort Knox mine are situated on lands that are covered by the Fort Knox Upland Mining Lease or State Mining Claims.

4.2.2 | Leases

The Fort Knox mine and facilities encompass approximately 3,517 ha (8,691 ac), of which none are federal lands. The project area is predominantly covered by the Amended and Restated Millsite Lease (ADL 414960, 414961) (Figure 4-2, Table 4-1), which covers 3,068 ha (7,581 ac). The Fort Knox ore body is predominantly located within the Fort Knox Upland Mining Lease (ADL 535408) entered into with the Alaska Mental Health Trust Land Authority (MHT) (Figure 4-2, Table 4-1). The portion of the ore body that extends to the west currently outside of ADL 535408 is covered with State of Alaska mining claims that are active and in good standing. A complete listing of State of Alaska Mining Claims for the Fort Knox mine and area is shown in Appendix A.

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Figure 4-1: General Location of Fort Knox Mine and Gil Project.

An additional 2,059 ha (5,088 ac) of mineral rights are held under the Mental Health Lease, issued by the MHT (ADL 9400275) (Figure 4-2, Table 4-1).

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Figure 4-2: Mineral Tenure and Rights at Fort Knox Mine and Gil Project.

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Table 4-1: Mineral Rights – Lease Summary, Fort Knox Property.

Lease Name | Lease Number | Area (ha) | Area (ac) | Issue Date | Expiry Date
Millsite Lease | ADL 414960, 414961 | 2,345.78 | 5,796.56 | 15 Feb 1994 | 15 Feb 2024
Fort Knox Upland Mining Lease | ADL 535408 | 478.95 | 1,183.5 | 15 Feb 1994 | 15 Feb 2034
Upland Mining Lease | ADL 528271 | 40.47 | 100 | 01 Sept 1989 | 31 Aug 2019
Mental Health Trust Lease | 9400275 | 2,059.04 | 5,088 | 1 Aug 2005 | 31 Jul 2021
TOTAL |  | 4,924.24 | 12,168.06 |  |

Table 4-2: Mineral Tenure – Patented Claim Summary, Fort Knox Property.

Claim Name | Property Name | Owner | Area (ha) | Area (ac)
PAN 0478318 | FORT KNOX PATENTED CLAIMS | Fairbanks Gold Mining Inc. | 253.13 | 625.49
PAN 0607988 | FISH CREEK PATENTED CLAIMS | Fairbanks Gold Mining Inc. | 180.83 | 446.83
PAN 0228494 | STEPOVICH WORM | Fairbanks Gold Mining Inc. | 49.03 | 121.15
PAN 0607978 | FAIRBANKS CREEK PATENTED CLAIMS | Fairbanks Gold Mining Inc. | 62.54 | 154.55
PAN 0607840 | LOT 1 FISH CREEK | Fairbanks Gold Mining Inc. | 62.54 | 154.55
PAN 0607860 | LOT 3 FISH CREEK | Fairbanks Gold Mining Inc. | 8.53 | 21.07
PAN 0567841 | SLIPPERY CREEK ASSOCIATION NO 2 | Fairbanks Gold Mining Inc. | 9.82 | 24.26
PAN 0567850 | SLIPPERY CREEK ASSOCIATION NO 3 | Fairbanks Gold Mining Inc. | 13.45 | 33.23
PAN 0226891 | GILMORE CREEK | Fairbanks Gold Mining Inc. | 18.02 | 44.52
PAN 0209821 | LOWER 8 BELOW | Fairbanks Gold Mining Inc. | 6.46 | 15.96
PAN 0558001 | SUNNY SIDE BENCH | Fairbanks Gold Mining Inc. | 5.20 | 12.84
PAN 0558010 | 9 BELOW | Fairbanks Gold Mining Inc. | 7.82 | 19.33
PAN 0558028 | UPPER 8 BELOW | Fairbanks Gold Mining Inc. | 5.20 | 12.84
TOTAL |  |  | 634.71 | 1,568.41

4.2.3 | Mining Claims

Within the broader Fort Knox property, FGMI controls 1,758 State of Alaska mining claims covering an area of approximately 31,884 ha (78,787 ac) (Table 4-3) and 81 patented claims covering and area of approximately 634 ha (1,568 ac) (Table 4-2).

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Table 4-3: Mineral Tenure – Unpatented State Claim Summary, Fort Knox Property.

Claim Block | Registered Owner | Number of Claims | Area1 (ha) | Area1 (ac) | Expiry Date2 | % Held by FGMI
FGMI Fort Knox & Gil | Fairbanks Gold Mining Inc. | 1,681 | 30,266 | 74,789 | 30 Nov 2018 | 100
Leased | Daniel, Margaret, EHB LLC (Deep Creek) | 39 |  |  | 30 Nov 2018 | 100
Daniel, Margaret Eagen (Clark Creek) | 44 | 1,618 | 3,998 | 30 Nov 2018 | 100
TOTAL |  | 1,758 | 31,884 | 78,787 |  |

| 1. | Area calculated by actual land surface held, not as a sum of individual listed claim areas as to not overstate land position due to overlapping claims and incorrectly reported claim areas.

| 2. | Expiry data refers to annual date in which maintenance fees are paid to keep claims active and in good standing.

4.3 | Other Private Lands

On May 22, 2008 the MHT conveyed to FGMI all right, title and interest to the lands encompassing the Fort Knox mine and mill complex, approximately 717 ha (1,772 ac), reserving unto the MHT all oils, gases, ores, and minerals. This ground is subject to the Fort Knox Upland Mining Lease. In addition, in 2012, FGMI secured the surface rights to 113 ha (280 ac) of private land on the northwest side of the project.

4.4 | Royalties and Other Encumbrances

The Fort Knox Upland Mining Lease and all State claims carry a 3% royalty, based on net income from production. All Mineral production is subject to a State of Alaska mine license tax, following a three-year grace period after production commences. The mine license tax is US$4,000 plus 7% of any additional taxable income over US$100,000. Taxation is after-the-fact and costs are incorporated into yearly budgets as mining taxes per International Financial Reporting Standards and corporate guidance. There has been no production from State claims situated outside the boundaries of the Fort Knox Upland Mining Lease at the Fort Knox mine. Production and main retained royalties are summarized in Table 4-4.

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Table 4-4: Royalties and Other Encumbrances.

Royalty | Comments
Fort Knox Upland Mining Lease | 3% based on net income
State claims | 3% based on net income
Stepovich ‘Worm’ Patented Claims | 1% Net Smelter Return (NSR) payable to Stepovich family
Fairbanks Creek – Fish Creek | 2-3% NSR on various patented Federal lode claims payable to J. Reeves
Mental Health Overriding Royalty | 1% NSR on claims & leases located on Mental Health lands not covered by the Mental Health Trust lease or Fort Knox Upland Mining Lease
Teryl Inc. Overriding Royalty | US$2.5 M advance royalty upon sale completion; US$1.5 M advance royalty upon commencement of production; 1% NSR until US$15 M paid (including the US$4 M advance payment); 0.5% NSR thereafter for life of mine.

Note: AK mine license tax applies to net income from all production areas.

4.5 | Permitting

All requisite permits have been obtained for mining of the existing Fort Knox open pit mine and are in good standing in all material respects. A Feasibility Study of the Gilmore expansion has been completed and will be subject to permitting approvals, which are expected to be issued in due course. Permitting is discussed further in Section 20.3.

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

5 | ACCESSIBILITY, CLIMATE, LOCAL RESOURCES, INFRASTRUCTURE and physiography

5.1 | Accessibility, Local Resources, and Infrastructure

Fort Knox is situated close to the city of Fairbanks, which is a major population, service, and supply centre for the interior region of Alaska (Figure 5-1). Fairbanks is the second largest city in Alaska, and has a population of approximately 32,000 residents. The surrounding areas in the Fairbanks North Star Borough contain a further 67,000 residents. Services and supplies to support the local and regional needs, along with the mining and processing operations of Kinross, are available in Fairbanks. Fairbanks is served by major airlines and the Alaska Railroad, and is connected to Anchorage and Whitehorse, Canada by a series of well-maintained paved highways (Figure 5-1).

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Figure 5-1: Fort Knox Mine Local Infrastructure.

5.2 | Climate

The Fairbanks area has a continental sub-arctic climate, with long cold winters and short summers. Average winter temperatures are around -23°C, with low temperatures dropping to the range of -40 to -48°C. Average summer temperatures are +19 to 22°C with highs occasionally exceeding +32°C. The annual precipitation in Fairbanks is approximately 31 cm, with the wettest months being June to September and the driest months being February to April. The Fort Knox mine operates 365 days per year. Weather conditions, such as temperature inversions or slippery road surfaces, will typically negatively affect production in the open pit for only portions of a few shifts annually.

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

5.3 | Physiography

The topography of the region comprises low hills and broad valleys occupied by meandering streams. The hills are generally rounded with gentle slopes and irregular ridge patterns, the result of numerous gulches and streams that cut the flanks of hills. The most prominent topographic features include Ester Dome, located in the western part of the district at 720 masl, and Pedro Dome, situated in the north-eastern part of the area at 609 masl.

The area is predominantly forested, with vegetation varying with soil-type. Well-drained soils of the uplands and alluvial plains are covered mainly with white spruce and a mixture of broadleaf trees such as paper birch and quaking aspen. The moderately well-drained soils commonly support black spruce and willow forests, with moss, horsetail and grass groundcover. The poorly drained soils with a high permafrost table are found on the northern exposures of the mountain slopes and generally support black spruce, willow, and alder. A thick moss mat, commonly with lichens, provides groundcover and supports a dense cover of shrubs.

Permafrost is discontinuous throughout the property, and does not exist on some north-facing mountain slopes where it normally would be expected. Data collected from exploration boreholes and thermistors installed in the area of the tailings embankment before construction indicate the presence of localized permafrost. Temperature surveys of the monitoring wells indicate that frozen conditions exist mostly on north-facing slopes and in shaded areas on the valley floor. Thermistor readings indicated that temperatures ranged from 1 to 10°C. The majority of soil and rock temperatures in frozen areas ranged from 0 to -1°C indicating warm permafrost. Data collected during drilling suggests that at some locations the bedrock aquifer may be frozen to significant depths (in excess of 30 m).

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

6 | HISTORY

6.1 | Prior Ownership

The first lode-mining claims in the area were originally staked in 1913 by H.A. Currier. The claims were dormant until 1980, when two local prospectors, Joe Taylor and George Johnson staked 19 state mining claims to work placer deposits.

In 1986, the claims were leased to Nye Minerals, which entered into a joint venture agreement with Electrum Resources in 1987. From 1987 to 1991, numerous small mining companies actively explored the claims.

Amax Gold, Inc. (Amax) purchased the Fort Knox project in 1992 and established Fairbanks Gold Mining Inc. (FGMI) as a wholly owned subsidiary to operate the project. In 1993, Amax merged with Cyprus Mines Corporation, forming Cyprus Amax Minerals Co. (Cyprus Amax). Cyprus Amax maintained a 51% interest in Amax.

In 1998, Kinross acquired Amax, and Amax then changed its name to Kinam Gold Inc. and became a subsidiary of Kinross.

In 1991, Amax Gold Inc. entered into a joint venture agreement with Teryl Resources Corp. to explore the Gil property. In 2011, Kinross acquired Teryl’s remaining interest in the Gil property.

Kinross acquired ownership of the True North property in 1999 as a result of the acquisition of La Teko Resources and from acquiring Newmont’s 65% interest in the property.

In 2007 and 2017, the United States transferred certain ground adjacent to the Fort Knox pit to the State of Alaska. As a result of these transfers, Kinross acquired mining rights pursuant to Alaska State mining claims.

6.2 | Exploration and Development History

The Fort Knox area has been actively explored for gold placer deposits since 1902 when Felix Pedro discovered gold in Fish Creek, located downstream of the Fort Knox deposit. Since that initial discovery, the surrounding Fairbanks Mining district has produced in excess of 8 Moz of gold, predominantly from placer deposits, which actively continues.

Exploration for lode gold deposits was very limited during the early history of the region and focused on tracing the source of the placer deposits up headwaters and tributaries to Fish Creek. Alfred Brooks mapped the area while working for the United States Geological Survey (USGS) in the early 1900’s. Brooks’ mapping described a large granitic intrusive in the project area.

In 1913, H.A. Currier staked lode mining claims covering auriferous quartz veins on the Melba Creek-Monte Cristo Creek divide (covering part of what is now the Fort Knox gold deposit). A three-stamp mill was constructed on the property, but there is little evidence of any production from the claims. USGS geologists who examined the prospect noted the association of bismuthinite and gold in quartz veins and suggested a relationship between the observed mineralization and the large granitic intrusive located nearby.

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Heiner and Wolff (1968) noted that the large amount of placer gold in the Fairbanks District led many workers to conclude that only the roots of the gold veins were left and that there was not enough economic incentive to test the theory by exploration.

After staking 19 state mining claims, Joe Taylor and George Johnson worked the placers of Monte Cristo Creek from 1980 to 1982 and recovered bismuthinite nuggets containing abundant gold. The demonstrated correlation between the gold and bismuth led Taylor and Johnson to prospect the slopes and divide between Melba and Monte Cristo Creeks. The prospecting operations involved panning and trenching, which suggested that Au mineralization was widespread and resulted in the prospectors staking an additional 34 mining claims.

In 1984, Rob Blakestead, a consulting geologist, noted the presence of visible gold in quartz veins hosted by granite in the Fort Knox area. This discovery led to increasing levels of exploration to locate the source of the gold.

FGMI initiated extensive exploration programs on the property including surface geochemical sampling, drilling and geophysics. Soil sampling proved the most useful exploration tool in delineating the ore body during initial exploration of the deposit. Later surface trenching and mapping of the anomalies developed by the soil geochemistry identified the favourable targets.

Ground magnetometer surveys performed in 1987, 1991 and 1992 were employed with limited success. 427 drillholes totaling 79,860 m had been completed on the property by late 1992. This work was followed by the completion of environmental and engineering studies examining the feasibility of commercial production from the deposit.

Construction of the Fort Knox mine and mill operations began in 1995 and was completed in 1997. The capital cost was approximately US$373 million, including US$28 million of capitalized interest. Commercial production at Fort Knox began in March 1997. Fort Knox is mined as a conventional truck and shovel open pit mine and has operated continuously since start up, in seven progressive phases.

The discovery and development of the True North deposit (Figure 4-1) produced ore for the Fort Knox mill from 2001 to 2004.

Fort Knox operated as a mill-only process until the price of gold and known quantities of low grade material enabled the addition of a heap leach process. Modifications were completed on the existing crushing circuit in 2008 to produce crushed material for the Walter Creek heap leach construction. Heap Leach construction is separated into a

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

total of seven stages between 2009 and 2019. The facility includes a valley fill leach pad, solution pumping systems, and a carbon-in-column (CIC) plant. The original solution capacity was 30,000 L/m. The construction of a second CIC plant was completed in July 2013 and has increased the solution capacity to 70,000 L/m. Current flow rate to the CIC processing facility is 61,000 L/m.

6.3 | Past Production

Fort Knox has yielded approximately 469 Mt of ore with 7.5 Moz of produced gold since 1996 (Table 6-1).

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Table 6-1: Fort Knox Production Summary.

Year | Total tonnes processed (000's) | CIP tonnes processed (000's) | Grade (g/t)1 | Heap Leach tonnes loaded (000's) | Gold produced (oz)
1997 | 11,000 | 11,000 | 1.17 | - | 320,758
1998 | 12,466 | 12,466 | 0.99 | - | 365,452
1999 | 12,536 | 12,536 | 0.95 | - | 351,120
2000 | 13,606 | 13,606 | 0.94 | - | 362,959
2001 | 14,209 | 14,209 | 1.05 | - | 411,221
2002 | 13,843 | 13,843 | 1.09 | - | 410,519
2003 | 13,685 | 13,685 | 1.07 | - | 391,831
2004 | 13,239 | 13,239 | 0.94 | - | 338,334
2005 | 13,050 | 13,050 | 0.90 | - | 329,320
2006 | 13,462 | 13,462 | 0.90 | - | 333,383
2007 | 12,722 | 12,722 | 0.96 | - | 338,459
2008 | 13,769 | 13,706 | 0.88 | 63 | 329,105
2009 | 16,224 | 12,830 | 0.69 | 3,394 | 263,260
2010 | 25,735 | 13,206 | 0.79 | 12,528 | 349,729
2011 | 31,078 | 13,503 | 0.56 | 17,575 | 289,794
2012 | 43,153 | 13,204 | 0.69 | 29,950 | 359,948
2013 | 42,419 | 12,668 | 0.82 | 29,751 | 421,641
2014 | 39,386 | 13,538 | 0.66 | 25,848 | 379,453
2015 | 38,664 | 13,445 | 0.76 | 25,219 | 401,553
2016 | 42,361 | 13,219 | 0.69 | 29,142 | 409,844
2017 | 32,737 | 12,470 | 0.84 | 20,267 | 381,115
| 469,343 |  |  | 193,736 | 7,538,798

| 1. | Amount represents CIP mill grade only

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

7 | GEOLOGICAL SETTING AND MINERALIZATION

7.1 | Regional Geology

The Fairbanks mining district is located in the northwestern part of the Yukon-Tanana terrane (YTT), which consists of Paleoproterozoic, polymetamorphosed schist, of primarily sedimentary origin. The terrane is bounded on the north by the Tintina fault system and on the south by the Denali Fault system (Bundtzen, 1981). Hall (1985) suggests a more complex deformational history identifying four phases of penetrative tectonism. Northeast-trending faults, related to the Tintina and Denali fault systems, are the dominant structural trends. These regional fault systems have created different levels of crustal exposure, through oblique offsets that are primarily dip-slip, with a sinistral sense of shear (Robinson, 1990; Newberry, 1996). E-W to NW-directed faults and shears are present and are locally an important structural control to mineralization at most gold occurrences in the district.

The Fairbanks Schist, a unit of the Yukon-Tanana terrane, is host to much of the mineralization in the Fairbanks mining district (Figure 7-1). The dominant lithologies present include grey to brown, fine-grained micaceous-quartz schist and micaceous quartzite. Interlayered within the Fairbanks Schist is the Cleary sequence, a more varied assemblage of metamorphic lithologies. The Fairbanks Schist has undergone amphibolite facies metamorphism followed by a retrograde greenschist facies event.

The Fort Knox, Gilmore Dome, and Pedro Dome plutons are post-metamorphic, Late Cretaceous (~92 Ma) granitic complexes that intrude the metamorphic rocks in the eastern half of the Fairbanks mining district. A plutonic origin has been ascribed to much of the gold mineralization in the Fairbanks district. Fort Knox is hosted entirely within granite, whereas the other gold occurrences are in favourable metamorphic units or structures, near plutonic rocks.

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Figure 7-1: Regional Geology of the Fairbanks District, Yukon-Tanana Terrane. Simplified from Newberry et al. (1996).

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

7.2 | Local Geology

The Fairbanks district hosts gold in a variety of geologic settings, including:

| · | the Fort Knox deposit (the largest lode deposit in the district), where gold is hosted in quartz, quartz-sericite, and quartz pegmatite veins, stockwork zones, and mineralized shear zones;

| · | the Gil project, where gold is hosted in skarns and quartz veins within the skarns;

| · | the True North deposit, where mineralization is hosted by deformed carbonaceous meta-sediments associated with quartz veins;

| · | the Ryan Lode deposit, where gold occurs in and adjacent to large-scale shear zones; and

| · | the Cleary Hill mine, where gold occurs in quartz veins within the Fairbanks Schist.

7.3 | Fort Knox Deposit Geology and Mineralization

Gold mineralization at Fort Knox Mine is hosted entirely within the Late Cretaceous (~92 Ma), Fort Knox granite pluton (Figure 7-2). The contact with the Fairbanks Schist is abrupt. Drilling indicates that the pluton contacts plunge steeply to the north and south and moderately to the east and west. The surface exposure of the pluton is approximately 1,100 m (3,609 ft) in the east-west direction and 600 m (1,969 ft) north-south.

The Fort Knox Pluton has been subdivided into three phases based on grain-size and textural differences. Intrusion of a biotite-rich fine-grained granodiorite was followed by medium-grained porphyritic granite. The youngest intrusive phase is coarse-grained, porphyritic granite (Bakke, 1995). The texture is dominantly porphyritic, with megacrysts of quartz and k-feldspar, which become more sporadic in the fine-grained phase. The pluton is granite-granodiorite in composition, and the mineralogy of all phases is generally sub-equal amounts of quartz (30%), plagioclase (30-40%), and k-feldspar (20 to 30%) (Bakke, 1995; Blum, 1983).

The major structural trends controlling shear vein orientation and mineralization at the deposit-scale are defined by NW-trending, moderately to shallowly SW-dipping fault zones. The fault zones are typically filled with granulated white quartz, and range in thickness from 0.3 to 1.5 m. The zones have mixed groundmass alteration, with a range of phyllic and argillic alteration assemblages. In the vicinity of the fault zones, vein abundance increases and vein orientations are predominantly sub-parallel to the fault direction. The Monte Cristo Fault and Melba Fault zones are regional in extent

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

and offset the Gilmore Dome Pluton south of Fort Knox and affect the orientation and geometry of the Fort Knox granite.

Gold occurs within and along the margins of pegmatite vein swarms and quartz veins and veinlets. Numerous SW-dipping fault zones influence the orientation of the vein swarms and the geometry of ore zones. Weak to moderate development of vein- and- fracture-controlled phyllic, potassic, albitic, and argillic alteration styles is present. Gold is closely associated with bismuth (Bakke, 1995; McCoy et al., 1997). Gold occurs attached to bismuth-minerals, sulfide, and non-sulfide gangue, and as complex intergrowth or solid solution/exsolution texture grains with native bismuth, maldonite, bismuthinite, and/or molybdenite.

The overall sulfide content of the orebody is <0.10%. The orebody is oxidized to the depths of the drilling primarily along NW-trending, SW-dipping fault zones which contain abundant iron oxide and clay gouge along the margins.

Figure 7-2: Property Geology at Fort Knox. Granitic intrusive is pink, all other rock is schist. Major ore controlling shears are shown in blue.

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Vein-types and associated alteration styles by abundance and relative importance to gold mineralization found at Fort Knox are:

| 1. | Stockwork quartz veins and veinlets, ranging in thickness from micro-scale to 15 cm. These veins possess thin albitic alteration halos. Phyllic alteration envelopes that range in thickness from centimetre to multi-metre scale occur where stockwork veining is abundant near NW fault zones.

| 2. | Pegmatite veins and veinlets: ranging in thickness from micro-scale to 8 cm. Composed of clear to grey quartz, large K-spar megacrysts, and micaceous clots. Potassic alteration halos, rarely exceeding 1 cm thickness, consist of an assemblage of variable amounts of secondary biotite and K-spar overgrowths on primary K-spar within the granite matrix. Veins variably altered with phyllic (quartz-sericite-pyrite) assemblage.

| 3. | Low temperature fracture coatings and chalcedonic veins and breccia composed of zeolite-calcite-clay-chalcedony. Pervasive throughout the deposit in the form of fracture coatings and breccia zones. Argillic alteration halos as much as 7 m in width are developed adjacent to the larger chalcedonic breccia zones. These zones have been largely mined out to-date.

7.4 | Gil Deposit Geology and Mineralization

Brittle deformation at Gil is related to contact metamorphism and the regional amphibolite/greenschist events. At least three penetrative phases of deformation are recognized. As a result, large-scale asymmetric folds and faults are present and trend northeast (35-55°) (Figure 7-3 and Figure 7-4), with variable dip (45-80° NW). The most laterally extensive of these faults are the regional-scale, oblique faults that occur throughout the YTT. The oldest fault surfaces are low-angle reverse faults, sub-parallel to the principal fold axes, and often form the contacts between lithologies.

Conjugate to the northeast-striking faults are numerous northwest-striking faults (300°-360°) that dip steeply to the southwest or vertically. These faults exhibit apparent strike-slip offsets of 15.2 to 45.7 m (50-150 ft), but the displacement is believed to be rotational, or scissor-like, with the footwall rotating counter-clockwise relative to the hanging wall. Distinct, closely-spaced joint sets crosscut nearly all lithologies, are predominantly northwest-striking (295-305°), and crosscut foliation in near-vertical configuration. Joints are commonly in-filled with quartz, quartz-carbonate, and quartz-sulphide (± iron oxide) and are universally important controls to mineralization.

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Gold mineralization at Gil primarily occurs in quartz-sulphide and quartz-carbonate veins, clay-filled shear zones, and limonite-stained fractures, which crosscut nearly all lithologies. Gold mineralization is widespread, but grade and continuity are related to complex interactions among hydrothermal fluids, host rocks, and structure.

At Main Gil and South Sourdough, gold mineralization largely appears stratabound within calc-silicate units, however field-level observations support that gold mineralization is predominately localized within veins and joints in highly fractured rock. Veins are discrete, up to 30 cm wide, white quartz veins, and later thinner, discrete, quartz-calcite (± actinolite/pyroxene) veins. Both sets of veins tend to be steeply dipping and crosscut foliation. Alteration in the Main Gil zone is represented by an intense retrograde assemblage of calc-silicate minerals. Hydrothermal fluid interaction with a carbonate-rich protolith and calc-silicate minerals enhanced the precipitation of gold and sulphides.

At North Gil and North Sourdough, gold is almost exclusively associated with quartz veining. These veins occur within quartz-mica schist, feldspathic schist, and calcareous biotite-chlorite-quartz schist. The quartz veins are typically less than 5.1 cm in width and consist of milky-white quartz-arsenopyrite, quartz-calcite, and quartz-feldspar veins. Alteration is vein-controlled and consists of sericitic to potassic (secondary biotite) alteration along vein margins. Pyrite and/or arsenopyrite are the most common accessory minerals observed in the veins, typically in concentrations of <1%.

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Figure 7-3: Local Geology at Gil (Bundtzen and Laird, 2010; Bundtzen et al., 2014).

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Figure 7-4: Gil Interpreted Geological Cross-section. Section C’-C is shown on Figure 7-3. N.B. Scale is in feet.

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

8 | DEPOSIT TYPES

The Fort Knox deposit is classified as an Intrusion-Hosted Mesozonal deposit in the Reduced Intrusion-Related Gold Deposit (RIRG) style (Hart, 2005). RIRG deposits typically occur associated with moderately reduced intrusions in reduced siliciclastic sequences, and have a common association with W-Sn±Mo metallogenic belts. The key characteristics of these deposits are a low sulfide content, association with reduced ore mineral assemblages, and metal assemblages of Au>Ag, Bi, As, W, and Mo (Robert, 2007). The reduced intrusion occurs as equigranular and multiphase granitic stocks and batholiths. Gold is hosted in sheeted veins, which are coeval with their causative intrusion (Robert, 2007). Although these deposits do not have a significant hydrothermal alteration footprint, there are often peripheral mineralization occurrences and proximal thermal alteration, which have a predictable distribution pattern, including secondary aluminosilicates, biotite, and tourmaline, skarns and polymetallic veins (Hart, 2005; Robert, 2007). The Gil deposit is hosted in skarns and quartz veins within the skarns.

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

9 | EXPLORATION

Exploration has been undertaken by FGMI, and standard exploration procedures have been used at Fort Knox and Gil, including:

| · | Reconnaissance and detailed geologic mapping on topographic maps or aerial photographs at scales that are suitable to show the details of observed geologic features. Geologic mapping on topographic base maps is normally completed at a scale of 1 inch = 500 ft, and mapping that is completed from aerial photographs is at a scale of 1 inch = 2,000 ft. This work is undertaken by FGMI employees or contract/consulting geologists;

| · | Soil and rock chip sampling to determine the presence of Au mineralization, or associated trace elements. These samples are regularly collected during the course of geologic mapping programs by either FGMI employees or contract geologists, under FGMI supervision;

| · | Soil anomalies were trenched to create exposures of bedrock. The trenches were cut with bulldozers owned and operated by contracting firms. The trenches were mapped and sampled in detail by either contract geologists or FGMI personnel.

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

10 | DRILLING

10.1 | Drilling Methods and Equipment

Fort Knox uses diamond core and reverse-circulation (RC) drilling for exploration and development programs. Currently 41% of the drilling is core, with the remainder RC. Drill programs were completed by various contract drill crews supervised by FGMI geological staff.

RC drillholes at Fort Knox are typically 139.7 mm (5.50 in) in diameter, but can be up to 146.05 mm (5.75 in). RC drilling generally is performed using 6-metre (20 ft) drill rods. Both centre-return hammer and tricone drill bits are used, depending on ground conditions.

Core diameter size has varied at Fort Knox, including PQ3 (83 mm, 3.25 in) from 1998 to 2010, PQ (85 mm, 3.375 in) in 2010, and HQ (63.5 mm, 2.5 in) in 2011. Core diameter size has been predominantly HQ3 (61.1 mm, 2.375 in) since 2012. Since 2011, a triple tube recovery system has been used to minimize loss of fines. Core drilling for geotechnical or oriented cores uses a split-tube, which results in a 2 to 3% (PQ3 – HQ3) reduction in core diameter to accommodate inner tubes. Core drilling is typically performed at a maximum run-length of 1.52 m (5 ft). In 2016, a portion of the exploration drilling used a run-length of 3.04 m (10 ft).

Kinross is not aware of any drilling, sampling, or recovery factors that could materially affect the accuracy and reliability of the results at either Fort Knox or Gil.

10.2 | Drillhole Summary

10.2.1 | Fort Knox

The current geologic model for the Fort Knox deposit has been defined by 1,843 drillholes with a total length of 451,417 m (Table 10-1). A subset of 1,584 drillholes totalling 384,824 m with valid assay data was used to develop the current resource model. Figure 7-2 shows the drillhole distribution at the Fort Knox deposit.

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Table 10-1: Fort Knox Drilling Summary by Campaign and Type.

Year | With Geologic Data | With Assay Data
Core Drilling | RC Drilling | Total Drilling | Core Drilling | RC Drilling | Total Drilling
Length (m) | Number of Holes | Length (m) | Number of Holes | Length (m) | Number of Holes | Length (m) | Number of Holes | Length (m) | Number of Holes | Length (m) | Number of Holes
1985 | 408 | 9 | - | - | 408 | 9 | 195 | 9 | - | - | 195 | 9
1987 | - | - | 122 | 2 | 122 | 2 | - | - | 122 | 2 | 122 | 2
1988 | - | - | 2,559 | 32 | 2,559 | 32 | - | - | 2,562 | 32 | 2,562 | 32
1989 | 693 | 3 | 19,518 | 83 | 20,211 | 86 | 3,955 | 16 | 15,457 | 67 | 19,412 | 83
1990 | 13,901 | 87 | 20,767 | 115 | 34,668 | 202 | 14,246 | 85 | 19,960 | 112 | 34,206 | 197
1991 | - | - | 8,199 | 45 | 8,199 | 45 | - | - | 7,135 | 37 | 7,135 | 37
1992 | - | - | 20,138 | 112 | 20,138 | 112 | - | - | 19,981 | 109 | 19,981 | 109
1993 | - | - | - | - | - | - | - | - | - | - | - | -
1994 | - | - | - | - | - | - | - | - | - | - | - | -
1995 | - | - | - | - | - | - | - | - | - | - | - | -
1996 | - | - | - | - | - | - | - | - | - | - | - | -
1997 | 7,594 | 29 | 4,391 | 22 | 11,984 | 51 | 7,421 | 29 | 3,395 | 17 | 10,816 | 46
1998 | 5,799 | 25 | 2,935 | 16 | 8,733 | 41 | 5,646 | 25 | 1,910 | 11 | 7,556 | 36
1999 | 1,857 | 12 | 931 | 6 | 2,788 | 18 | 1,787 | 12 | 588 | 5 | 2,375 | 17
2000 | - | - | 2,371 | 7 | 2,371 | 7 | - | - | 783 | 2 | 783 | 2
2001 | - | - | - | - | - | - | - | - | - | - | - | -
2002 | 7,866 | 36 | 6,842 | 47 | 14,708 | 83 | 7,772 | 37 | 7,014 | 48 | 14,786 | 85
2003 | 5,949 | 25 | 6,856 | 33 | 12,806 | 58 | 5,947 | 25 | 9,840 | 43 | 15,787 | 68
2004 | 6,047 | 26 | 1,384 | 5 | 7,431 | 31 | 6,046 | 26 | 2,514 | 10 | 8,560 | 36
2005 | 7,428 | 26 | - | - | 7,428 | 26 | 7,454 | 26 | - | - | 7,454 | 26
2006 | 2,367 | 7 | - | - | 2,367 | 7 | 2,367 | 7 | - | - | 2,367 | 7
2007 | 9,215 | 35 | 4,955 | 25 | 14,170 | 60 | 9,518 | 35 | 4,965 | 25 | 14,482 | 60
2008 | 16,388 | 42 | 22,301 | 76 | 8,689 | 118 | 16,389 | 42 | 18,486 | 62 | 34,876 | 104
2009 | 13,941 | 54 | 22,332 | 94 | 36,273 | 148 | 13,851 | 53 | 19,213 | 84 | 33,064 | 137
2010 | 2,225 | 8 | 16,688 | 59 | 18,913 | 67 | 1,879 | 8 | 14,060 | 51 | 15,939 | 59
2011 | 3,584 | 17 | 19,986 | 67 | 23,570 | 84 | 2,438 | 10 | 19,080 | 62 | 21,519 | 72
2012 | 6,512 | 16 | 19,090 | 59 | 25,602 | 75 | 4,922 | 13 | 15,655 | 49 | 20,578 | 62
2013 | 5,032 | 20 | 7,583 | 24 | 12,615 | 44 | 1,244 | 9 | 4,777 | 15 | 6,022 | 24
2014 | 8,051 | 21 | 12,295 | 36 | 20,345 | 57 | 5,043 | 16 | 9,821 | 29 | 14,865 | 45
2015 | 8,707 | 33 | 23,496 | 75 | 32,203 | 108 | 6,228 | 21 | 19,733 | 63 | 25,961 | 84
2016 | 20,842 | 81 | 13,192 | 50 | 34,035 | 131 | 15,248 | 52 | 10,440 | 37 | 25,688 | 89
2017 | 28,970 | 108 | 9,110 | 33 | 38,081 | 141 | 16,004 | 50 | 1,730 | 6 | 17,733 | 56
Total | 183,376 | 720 | 268,041 | 1,123 | 451,417 | 1,843 | 155,600 | 606 | 229,221 | 978 | 384,824 | 1,584

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10.2.2 | Gil

Gil has been defined by a total of 735 drillholes (comprising 581 RC and 154 diamond holes) totalling 73,761 m (Table 10-2). Figure 10-1 shows the drillhole distribution at Gil.

Table 10-2: Gil Drilling Summary by Campaign and Type.

Year | RC Drilling | Core Drilling
Length (m) | Number of Holes | Length (m) | Number of Holes
1993 | 0 | 0 | 643 | 8
1994 | 1,548 | 23 | 0 | 0
1995 | 1,494 | 18 | 0 | 0
1997 | 1,243 | 12 | 0 | 0
1998 | 3,043 | 28 | 909 | 4
1999 | 1,219 | 9 | 951 | 5
2000 | 9,118 | 94 | 4,920 | 34
2001 | 1,230 | 14 | 339 | 5
2002 | 884 | 16 | 1,271 | 8
2003 | 9,418 | 146 | 2,717 | 31
2004 | 1,739 | 24 | 0 | 0
2005 | 475 | 9 | 0 | 0
2008 | 1,749 | 12 | 0 | 0
2009 | 3,830 | 33 | 832 | 6
2010 | 5,708 | 50 | 2,238 | 15
2011 | 4,578 | 36 | 0 | 0
2012 | 3,795 | 26 | 2,512 | 15
2013 | 1,108 | 31 | 4,250 | 23
2014 | 0 | 0 | 0 | 0
Total | 52,179 | 581 | 21,582 | 154

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Figure 10-1: Gil Drillhole Location Plan.

10.3 | Collar and Downhole Surveys

Fort Knox data are collected in a local mine grid. Since 2017, planned collar locations have been imported into an acQuire exploration database with a proposed hole number. The planned collar location is laid out by FGMI geologists using a handheld GPS or by the FGMI mine surveyors, depending on location. A foresight and backsight is laid out by Brunton compass or FGMI mine surveyors. After the drillhole is completed, collars are surveyed with Trimble survey equipment by FGMI mine surveyors. Before 2017, the coordinates were collated in Excel. Since 2017, collar surveys have been imported into an acQuire database.

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Historically, core holes have targeted predominantly NW-SE striking and SW dipping structures in a perpendicular direction with some sub-vertical holes. RC holes were drilled vertically with some exceptions. Angled core holes have been routinely surveyed downhole since 1997. Early core drillholes did not have downhole surveys. Readings from representative drilling indicate that holes usually deviate ≤ 3° over 300 m of length. Since 1997, the Reflex EZ-Shot instrument has been used for downhole surveys, with the exception of 2005 when the FLEXIT SmartTool survey system was used. Drilling contractors complete the Reflex downhole surveys. Downhole surveys were collated in Excel from handwritten sheets received from the drillers. Since 2017, downhole surveys have been entered into an acQuire exploration database by FGMI staff.

10.4 | Recovery

The nature of the mineralization and host rock at the Fort Knox deposit requires that particular care be given to the collection of drillhole samples. At Fort Knox, the median core recovery in 2015 to 2017 was 95% for granite, and 89% for schist. Median RC recovery by weight in 2015 to 2017 was 81% for granite, and 79% for schist. The use of a triple tube recovery system for core has improved recovery in recent years. The centre-return hammer system has been used to counteract the possibility of downhole contamination in RC drilling.

Kinross instructs the assay laboratory to weigh dry RC and core samples as a standard operating procedure. If individual 1.52 m (5 ft) samples are over or underweight, the sample is reviewed for potential downhole contamination or recovery loss with respect to expected recovery.

RC and core drilling mineralized intervals with a calculated recovery greater than 100% or significantly or consistently below nominal 75% recovery are evaluated. The drillhole is compared to adjacent holes and historical production. A decision is then made to accept or reject the assay interval. Rejected samples are flagged in the assay database and they are not used for resource estimation.

10.5 | Logging Procedures

Core is laid out on tables in descending depth order at the core logging facility. The core is wetted and cleaned of drilling residue and fluids. The core is then photographed using a mobile or stationary photo stand. A scale and hole number and interval depth labels are included in the core photographs. Core photographs are

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reviewed by FGMI staff and retained. Since 2002, digital photographs have been stored on the Fort Knox Mine network.

Before 2017, all logging at Fort Knox was conducted on handwritten logs, compiled in Excel and the original logs retained. Since 2017, all logging has been captured digitally on portable laptop or tablet computers that are linked directly to the acQuire exploration database. RC logging is completed at the drill rig and core logging typically is completed in the core logging facility. Detailed descriptions of rock type, alteration, mineralization, oxidation, structures, and veins are collected as routine geologic logging.

Since 2009, minor oriented core programs were conducted, primarily for geotechnical data. Data are collected with Reflex ACTII or ORI-BLOCK core orientation tools. Oriented core data are typically collected at the drill site, but can also be collected in the core logging facility by staff during the logging process if required. In 2015 and 2017, a limited number of core holes were surveyed with downhole optical and/or acoustic Televiewer instruments for structural data collection. Geotechnical data, including core recovery, RQD, fracture count, and hardness are collected at the core logging facility.

10.6 | Geotechnical, Hydrogeological and Metallurgical Drilling

Geotechnical and hydrogeological drilling is conducted with methods and standards similar to the deposit drilling. Where drillholes cross mineralized zones, samples are often collected for assay analysis. Metallurgical samples are typically collected and tested from existing drillhole samples.

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11 | SAMPLE COLLECTION, PREPARATION, ANALYSES, AND SECURITY

11.1 | Sampling Methodology

For diamond drillholes, the drill helper places each 0.91 to 1.52 m (3 to 5 ft) run of core into a wooden or waxed core box, and depth markers are added at the end of every run. Boxes are labelled with the drillhole number, sequential box number, and depths from and to. Core boxes are transported to the core logging facility by FGMI staff.

When core is received at the core logging facility, geologists or trained technicians check the box numbers and depth markers. After photographing, geotechnical logging, and geological logging, FGMI geologists mark out samples, which are taken on 1.52 m (5 ft) intervals. Before 2017, sample data were recorded on a paper log sheet and then entered into an Excel sheet by a data entry technician. Since 2017, sample intervals and sample numbers have been generated by the acQuire exploration database and a sample list containing: sample ID, from, to, and sample type information is printed for sampling. All core samples are taken as whole core to maintain a representative sample volume and reduce selectivity of fracture controlled mineralization. Sample tags are barcoded and placed on the plastic sample bags before the sample is added. Core samples are placed into the plastic bags and the bags are tied with wire ties and sealed in plastic 5-gallon buckets for secure transport to the assay lab.

For RC drillholes, samples are collected every 1.52 m (5 ft) by a geologist or helper at each drill site. RC samples are collected in pre-numbered Tyvek, cloth, or spun polyethylene bags and tied with the strings attached to the bags. Before 2017, sample data were recorded on a paper log sheet and then entered into Excel. Since 2017, sample intervals and sample numbers have been generated by the acQuire exploration database and a sample list containing: sample ID, from, to, and sample type information is printed for sampling. A small portion of each sample is placed in plastic chip trays and retained.

Currently, FGMI employs water-injected RC drilling. Using this method, the drill cuttings are fed into a cyclone that deposits a stream of sample and drilling fluid into a rotary splitter with a variable speed hydraulic motor that rotates a set of vanes controlling the volume of the split sample. A perforated 5-gallon bucket placed in a washtub collects all of the sample and drill fluids. All the overflow material in the washtub is decanted back into the bucket, reducing sample loss.

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Before 2006, this split sample was fed into four 5-gallon buckets set in cascading series to settle out the fine cuttings. A flocculent was added to accelerate settling. The samples were then combined into a master bulk RC sample. Before 1992, dry RC samples were collected. Using this method, the drill cuttings were passed through a collection hose into a cyclone-type dust collector and were split through a Jones splitter. The split fraction of each sample was recorded on the log sheet.

Chip trays are collected from RC drilling and stored for reference. 100% of the core samples are processed for assay analysis. Some geotechnical whole core is retained at the core logging facility for future reference. Sample pulps and coarse rejects are reserved and stored at the laboratory and returned to site.

11.2 | Sample Security

At diamond core drill sites, waxed cardboard (HQ core) or wooden (HQ & PQ core) core boxes are numbered and secured with lids. Core is transported by FGMI employees and directly supervised FGMI contractors from drill sites to the on-site core logging facility for logging and sampling. Core boxes are stored in a secured area with controlled access near the core logging facility, before being logged and sampled. All individual sample bags are tied with wire ties and placed into plastic buckets with lids, and then loaded onto pallets before being shipped to an independent laboratory.

RC sample bags are tied with strings attached to the bags, and placed in super sacks or tote bags, with approximately 50 samples per bag. The bulk bags are loaded into FGMI trucks and taken to core logging facility by FGMI employees and supervised contractors. Bulk bags containing RC samples are stored in a controlled access area, inside or near the secure core logging facility, before being shipped to an independent laboratory.

A dispatch form is completed by FGMI geologists, containing sample numbers and services requested, and the independent laboratory is notified that a sample pick up is required. The samples are picked up by staff from the independent laboratory and loaded onto laboratory trucks and trailers. A chain of custody form is signed by both parties. A work order confirmation is sent by the laboratory which includes a summary of the analytical work requested and the total samples received. Assay results are returned to FGMI via email in secure pdf files.

11.3 | Sample Preparation

Upon receipt by the prep laboratory, samples are entered into a Laboratory Information Management System (LIMS), weighed, dried at 150 degrees Fahrenheit, and re-

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weighed. For core samples, a primary crusher is used to crush the core samples to 70% passing 19 mm. All samples are reduced to 90% passing 2 mm by final crushing. At this point the coarse crushed samples are riffle-split, primarily to obtain a sub-sample for pulverization. Between 2006 and 2011, Alaska Assay Laboratories riffle-split a 500 gram sub-sample of coarse reject for pulverization. From 2013 to 2016, 1.25 kilograms were riffle-split and split into two sub-samples: a 300 gram sample for pulverization, and a 950 gram coarse archive split. In 2017, 2 kilograms is riffle-split and split to three sub-samples: an 800 gram sample for pulverization, a 1 kilogram coarse archive split, and a 200 gram sample for Terraspec analysis. The coarse reject is retained at the lab for 60 to 90 days and subsequently returned to site for long-term storage.

The sub-sample, varying between 300, 500, or 800 grams, is ring-pulverized to 90 percent passing 150-mesh, and roll-blended to obtain a 300 gram pulp. An extra pulp is prepared from every 20th coarse sub-sample for check assays.

Historically the cleaning procedure for sample preparation is a clean rock wash (barren pea gravel, and silica play sand) of crushers and pulverizers before every sample. During 2017, clean rock wash procedure was changed to: the beginning and end of every batch, every 40th sample in the batch, and upon request. Clean rock wash is requested where visible gold has been observed in the interval during logging. All clean rock wash material, except for the start and end, is retained, assayed using a 50 gram fire assay (Au-AA24), and reported for QA/QC purposes.

11.4 | Sample Analysis

All exploration samples are submitted to independent commercial analytical laboratories for assay analyses. Before 2002, primary assays were performed by Bondar-Clegg (now owned by ALS) in Vancouver, B.C., with sample preparation performed at their facility in Fairbanks, AK. From 2002 to 2005, all assaying was done by ALS Chemex at their Vancouver, B.C. laboratory, although sample preparation was done at their facility in Fairbanks, AK.

From 2006 to 2011, sample preparation and primary assaying were performed by Alaska Assay Laboratories in Fairbanks, AK. Check assays were performed by ALS Chemex, Vancouver B.C.

In 2012, sample preparation and primary assaying were performed by Acme in Fairbanks, AK. Check assays were performed by ALS, Vancouver, B.C.

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From 2013 to the present, all assaying has been done by ALS Minerals at either Vancouver, B.C., or Reno, NV. Sample preparation was done at their facility in Fairbanks, AK. Check assays were performed by SGS, Vancouver, as well as Acme in Fairbanks, AK, throughout 2013 and 2014. Check assays are performed by SGS, Vancouver since 2015.

At the analytical lab, each pulp is roll homogenized before a 50 gram sample is taken for gold determination by fire assay with an atomic absorption (AA) finish.

The detection limits for Au have varied over time and by laboratory: from 1987 to 2002, the lower detection limit was 0.0343 g/t (0.001 opt); 2002 to 2006, the lower detection limit was 0.005 g/t (0.0001 opt).

From 2006 to 2011, the limit of detection of fire assays was 0.01 g/t (0.0003 opt). In 2012, the limit of detection of fire assays was 0.003 g/t (0.0001 opt). The fire assay limit of detection since 2013 has been consistent at 0.005 g/t (0.0001 opt). Samples above 10 g/t Au are re-assayed with a gravimetric finish consistent with historic practice. Where available, assay results with a gravimetric finish are preferentially used for resource estimation.

Certified copies of the assay certificates were delivered by mail before 2010. Since 2010, analytical results have been received via e-mail. Since 2017, analytical data have been imported directly from electronic certificates into the acQuire database.

11.5 | Quality Assurance and Quality Control

11.5.1 | Description and Procedures

FGMI’s Quality Control and Quality Assurance (QA/QC) program is designed to Measure precision and accuracy, and alert to potential lab errors. The analytical quality control program includes the submission of blank, certified reference material (CRM), and duplicate samples and umpire check assaying. Annual analytical quality control reviews are prepared by FGMI geologists.

Blank material is sourced from reject material from RC or core drillholes that assay below the detection limit of Au. Starting 2016, blank material was directly sourced from Browns Hill Quarry in North Pole, Alaska. Blank material was assayed for Au concentration verification before use. FGMI’s technical staff carefully monitors the results of the submitted blanks to check for possible contamination during the analytical process. Batches with samples falling above the acceptable limit are investigated and re-assayed if necessary.

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During the 2016 drill program, blank sample insertion rate increased from approximately 0.5% of total samples to 5% of total samples. Additionally, secondary crusher and pulverization clean rock wash material was retained and analyzed as another control on potential sample contamination.

CRM samples are sourced from Rocklabs Ltd., Auckland, New Zealand, and submitted at a rate of approximately 5% of total samples. FGMI’s technical staff monitors the performance of the standard samples submitted for analysis to ensure that the results lie within acceptable tolerance levels. Recent sample performance indicates no significant areas of concern. Table 11-1 summarizes certified reference material used at Fort Knox. Pulp duplicates are requested at the primary lab at a rate of approximately 2.5%.

Since 1991, Fairbanks Gold has conducted check assays at a secondary laboratory. Pulp samples are shipped from the primary laboratory to the secondary umpire laboratory for an independent check at a rate of 5% of total samples.

Table 11-1: Summary of Standards used at Fort Knox.

GRADE PPM | GRADE OPT | SOURCE
0.617 | 0.018 | FGMI – Fort Knox
0.96 | 0.028 | FGMI – Fort Knox
1.063 | 0.031 | FGMI – Fort Knox
0 | 0 | FGMI – True North
0.206 | 0.006 | FGMI – True North
0.651 | 0.019 | FGMI – True North
1.989 | 0.058 | FGMI – True North
2.777 | 0.081 | FGMI – True North
6.514 | 0.19 | FGMI – True North
0.171 | 0.005 | FGMI – Gil
0.48 | 0.014 | FGMI – Gil
0 | 0 | FGMI – Gil
0.205 | 0.006 | Rocklabs - OxC72
0.416 | 0.0121 | Rocklabs - OxD73
1.007 | 0.0294 | Rocklabs - OxG70
1.817 | 0.053 | Rocklabs - Oxi67
2.366 | 0.069 | Rocklabs - OxJ64
0.424 | 0.0124 | Rocklabs - OxD128
1.834 | 0.0535 | Rocklabs - Oxi121
2.365 | 0.069 | Rocklabs - OxJ120
0.918 | 0.0268 | Rocklabs - OxG124
0.212 | 0.0062 | Rocklabs - OxC145
0.417 | 0.0122 | Rocklabs - OxD144
0.424 | 0.0124 | Rocklabs - OxD128
1.834 | 0.0535 | Rocklabs - Oxi121

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11.5.2 | Fort Knox Analytical QC Results and Analysis 2015 to 2017

The primary laboratory analytical quality control data for Fort Knox between 2015 and 2017 are summarized in Table 11-2 by year and laboratory. Quality control data during the time period represents 7.7% of total sample volume.

1161 blank samples were submitted to the primary laboratory during 2015 and 2017. An additional 624 clean rock wash samples were collected and analyzed during the same period. The overall failure rate for both blanks and washes is 1.3%. Fort Knox uses 0.02 ppm as a failure threshold for blank and wash material. Table 11-3 summarizes blank and wash material results.

Ten CRM from Rocklabs Ltd., Auckland, New Zealand, were used between 2015 and 2017. In total, 2,186 CRM samples were submitted to the primary lab, with a total pass rate 97.2%. 205 samples were submitted to the secondary lab with a 96.1% pass rate. Table 11-4 summarizes total standard count by year and laboratory for each year.

Total sample volume of pulp duplicate analyzed by a secondary lab between 2015 and 2017 is 4.2%. The returned fire assay values from the secondary lab pulp duplicates show gold assay values can only be reasonably reproduced typical of deposits with coarse gold in samples.

Table 11-2: Summary of primary lab sample volume by year and sample type

Year | Lab | Sample Type | Number of Samples | Number Pass | Percent Pass | Number Fail | Percent Fail | Percent of samples
2015 | ALS | Primary | 17035 |  |  |  |  | 96.26%
|  | CRM | 576 | 561 | 97.40% | 15 | 2.60% | 3.25%
|  | Blank | 86 | 85 | 98.84% | 1 | 1.16% | 0.49%
| Total |  | 17697 |  |  |  |  |
2016 | ALS | Primary | 17655 |  |  |  |  | 91.50%
|  | CRM | 891 | 797 | 97.08% | 26 | 2.92% | 4.62%
|  | Blank | 266 | 261 | 98.12% | 5 | 1.88% | 1.38%
|  | Crusher Wash | 326 | 322 | 98.77% | 4 | 1.23% | 1.69%
|  | Pulverizer Wash | 158 | 158 | 100.00% | 0 | 0.00% | 0.82%
| Total |  | 19296 |  |  |  |  |
2017 |  | Primary | 13171 |  |  |  |  | 89.60%
|  | CRM | 719 | 679 | 97.22% | 20 | 2.78% | 4.89%
|  | Blank | 809 | 800 | 98.89% | 9 | 1.11% | 5.50%
|  | Crusher Wash | 70 | 68 | 97.14% | 2 | 2.86% | 0.48%
|  | Pulverizer Wash | 70 | 67 | 95.71% | 3 | 4.29% | 0.48%
| Total |  | 14699 |  |  |  |  |

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Table 11-3: Summary of blank and wash material analyzed at the primary laboratory

Year | Lab | Sample Type | Min (Au g/t) | Max (Au g/t) | Accepted Value (Au g/t) | Number of Samples | Number Pass | Percent Pass | Number Fail | Percent Fail
2015 | ALS | Blank | 0.005 | 0.025 | 0.02 | 86 | 85 | 98.84% | 1 | 1.16%
2016 | ALS | Blank | 0.005 | 0.254 | 0.02 | 266 | 261 | 98.12% | 5 | 1.88%
|  | Crusher Wash | 0.001 | 0.047 | 0.02 | 326 | 322 | 98.77% | 4 | 1.23%
|  | Pulverizer Wash | 0.001 | 0.002 | 0.02 | 158 | 158 | 100.00% | 0 | 0.00%
2017 | ALS | Blank | 0.005 | 1.325 | 0.02 | 809 | 800 | 98.89% | 9 | 1.11%
|  | Crusher Wash | 0.005 | 0.087 | 0.02 | 70 | 68 | 97.14% | 2 | 2.86%
|  | Pulverizer Wash | 0.005 | 0.155 | 0.02 | 70 | 67 | 95.71% | 3 | 4.29%
| Total |  |  |  |  | 1785 | 1761 | 98.66% | 24 | 1.34%

11.5.3 | Fort Knox Analytical QC Results and Analysis 2011 to 2014

As part of a 2014 audit, SRK reviewed the analytical quality control data for Fort Knox from 2011 to 2013. Blank and CRM samples were summarized on time series plots to highlight their performance. Paired data (pulp and analytical duplicates and umpire check assays) were analyzed using bias charts, quantile-quantile, and relative precision plots. The quality control data produced from 2011 and 2014 represent approximately 8% of the total number of samples assayed. 158 blank samples were submitted between 2011 and 2014, with an overall failure rate of 9% based on a warning limit for blank samples of 0.03 g/t Au.

Five CRM from Rocklabs Ltd. were used and in total, 2,806 CRM samples were submitted, with passing rates exceeding 94% at the primary laboratory each year. Pulp duplicates at the primary lab were routinely submitted, and duplicate pair data reviewed. A pulp split was sent as a check sample to the umpire laboratory for 7.4% of samples during 2011 to 2012 and 4.3% in 2013.

SRK’s main conclusions are summarized as follows:

| · | With the exception of one sample from 2012, analyses of blank materials consistently yielded gold values below the warning limit of 0.1 g/t gold. The warning limit is defined by SRK as equivalent to ten times the detection limit of Au (0.01 g/t). In fact only two samples assayed above five times the detection limit of Au. Note that FGMI’s own failure limit is set to only three times the detection limit.

| · | All standards performed within expected ranges and mean grades were similar to expected values. The majority of outliers yielded values consistent with other standards, suggesting that these samples were mislabelled.

| · | Paired assay data examined by SRK suggest that gold assays can only be reasonably reproduced. Rank half absolute difference (HARD) plots suggest

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that 43.5% of the 2011 to 2012 pulp duplicate samples and 62.3% of the 2013 pulp duplicate samples have HARD values below 10% indicating that Acme in 2011 to 2012 and ALS in 2013 had difficulties in replicating the original assay value. This is expected from samples containing coarse gold. With the samples below the detection limit removed, some 44.0% of the umpire check assays from 2011 and 2012 were below 10% HARD. Similarly, 35.6% of the umpire check assays from 2013 were below 10% HARD with the primary and secondary laboratories reversed.

| · | SRK considered that the analytical quality control data reviewed shows that the assay results delivered by the primary laboratories used by FGMI in the EOY 2013 resource estimate are generally sufficiently reliable for the purpose of resource estimation.

11.5.4 | Fort Knox Analytical QC Results and Analysis pre-2011

QA/QC procedures before 2008 are summarized below:

| · | Blank control samples have been submitted since 1997, with the frequency varying from one per drillhole to one every 30.5 m (100 ft) or every 20th sample.

| · | From 2001 to 2005, in-house standards were prepared by Bondar-Clegg and submitted at a rate of two per core drillhole, and every 30.5 m (100 ft) for RC drillholes. Since 2008, CRM samples from commercial laboratories have been used and inserted approximately every 20th sample.

| · | From 1991 to 2005, FGMI collected separate 1.25 kg samples from every tenth sample collected. Half of these were submitted to the primary lab with the regular dispatch, and the other half to a secondary lab. In addition, every 40th sample was re-assayed by the primary lab.

| · | A more rigorous program of primary laboratory duplicate checks was instituted in 2006 when the primary laboratory was changed. Pulp duplicates were selected randomly by the primary lab, at a frequency of 1 duplicate per 7 samples. In addition, every 20th sample was a duplicate that was pulverized by Alaska Assay Laboratories and then shipped to ALS Chemex for secondary lab check assaying. From 2007, 2 samples per 20 were analyzed as pulp duplicates.

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Table 11-4: Total Standards Submitted by Year and Laboratory

Year | Lab | QC ID | Min (Au g/t) | Max (Au g/t) | Certified Value (Au g/t) | Number of Samples | Pass (< 3 SD) | Within (< 2 SD) | Percent Pass | Number Fail | Percent Fail
2015 | ALS | OxC72 | 0.191 | 0.213 | 0.205 | 147 | 144 | 135 | 97.96% | 3 | 2.04%
|  | OxD73 | 0.345 | 1.795 | 0.416 | 110 | 107 | 106 | 97.27% | 3 | 2.73%
|  | OxG70 | 0.008 | 1.04 | 1.007 | 116 | 114 | 112 | 98.28% | 2 | 1.72%
|  | OxI67 | 0.411 | 1.935 | 1.817 | 99 | 95 | 91 | 95.96% | 4 | 4.04%
|  | OxJ64 | 1.02 | 2.43 | 2.366 | 104 | 101 | 101 | 97.12% | 3 | 2.88%
|  | Total |  |  |  | 576 | 561 | 545 | 97.40% | 15 | 2.60%
| SGS | OxC72 | 0.058 | 0.206 | 0.205 | 8 | 7 | 7 | 87.50% | 1 | 12.50%
|  | OxD73 | 0.397 | 0.436 | 0.416 | 13 | 13 | 13 | 100.00% | 0 | 0.00%
|  | OxG70 | 0.958 | 1.88 | 1.007 | 11 | 10 | 10 | 90.91% | 1 | 9.09%
|  | OxI67 | 1.8 | 1.91 | 1.817 | 10 | 10 | 9 | 100.00% | - | 0.00%
|  | OxJ64 | 2.26 | 2.45 | 2.366 | 12 | 12 | 12 | 100.00% | 0 | 0.00%
|  | Total |  |  |  | 54 | 52 | 51 | 96.30% | 2 | 3.70%
2016 | ALS | OxC72 | 0.182 | 0.208 | 0.205 | 144 | 136 | 120 | 94.44% | 8 | 5.56%
|  | OxD73 | 0.199 | 2.24 | 0.416 | 99 | 96 | 89 | 96.97% | 3 | 3.03%
|  | OxG70 | 0.916 | 1.04 | 1.007 | 122 | 120 | 115 | 98.36% | 2 | 1.64%
|  | OxI67 | 0.552 | 1.935 | 1.817 | 227 | 222 | 214 | 97.80% | 5 | 2.20%
|  | OxJ64 | 2.15 | 2.45 | 2.366 | 180 | 177 | 167 | 98.33% | 3 | 1.67%
|  | OxD128 | 0.389 | 0.437 | 0.424 | 107 | 102 | 82 | 95.33% | 5 | 4.67%
|  | Oxi121 | 1.77 | 1.875 | 1.834 | 12 | 12 | 10 | 100.00% | 0 | 0.00%
|  | Total |  |  |  | 891 | 865 | 797 | 97.08% | 26 | 2.92%
| SGS | OxC72 | 0.205 | 0.206 | 0.205 | 12 | 11 | 11 | 91.67% | 1 | 8.33%
|  | OxD73 | 0.405 | 1.01 | 0.416 | 16 | 15 | 14 | 93.75% | 1 | 6.25%
|  | OxG70 | 0.986 | 2.014 | 1.007 | 28 | 27 | 27 | 96.43% | 1 | 3.57%
|  | OxI67 | 1.75 | 3.636 | 1.817 | 34 | 33 | 33 | 97.06% | 1 | 2.94%
|  | OxJ64 | 2.33 | 2.366 | 2.366 | 32 | 31 | 30 | 96.88% | 1 | 3.13%
|  | OxD128 | 0.414 | 0.85 | 0.424 | 7 | 7 | 5 | 100.00% | 0 | 0.00%
|  | Oxi121 | 0.425 | 0.425 | 1.834 | 1 | 0 | 0 | 0.00% | 1 | 100.00%
|  | Total |  |  |  | 118 | 113 | 109 | 95.76% | 5 | 4.24%
2017 | ALS | OxC72 | 0.193 | 0.219 | 0.205 | 5 | 5 | 5 | 100.00% | 0 | 0.00%
|  | OxD73 | 0.403 | 0.422 | 0.416 | 3 | 3 | 3 | 100.00% | 0 | 0.00%
|  | OxG70 | 0.993 | 1.05 | 1.007 | 5 | 5 | 4 | 100.00% | 0 | 0.00%
|  | OxJ64 | 2.04 | 2.53 | 2.366 | 109 | 108 | 103 | 99.08% | 1 | 0.92%
|  | OxD128 | 0.397 | 2.45 | 0.424 | 56 | 54 | 50 | 96.43% | 2 | 3.57%
|  | Oxi121 | 1.61 | 2.36 | 1.834 | 159 | 157 | 153 | 98.74% | 2 | 1.26%
|  | OxJ120 | 0.005 | 3.15 | 2.365 | 92 | 87 | 86 | 94.57% | 5 | 5.43%
|  | OxG124 | 0.204 | 2.33 | 0.918 | 80 | 76 | 74 | 95.00% | 4 | 5.00%
|  | OxC145 | 0.19 | 2.29 | 0.212 | 108 | 103 | 101 | 95.37% | 5 | 4.63%
|  | OxD144 | 0.248 | 0.433 | 0.417 | 102 | 101 | 100 | 99.02% | 1 | 0.98%
|  | Total |  |  |  | 719 | 699 | 679 | 97.22% | 20 | 2.78%
| SGS | OxJ64 | 2.32 | 2.38 | 2.366 | 5 | 5 | 4 | 100.00% | 0 | 0.00%
|  | OxD128 | 0.407 | 0.414 | 0.424 | 3 | 3 | 3 | 100.00% | 0 | 0.00%
|  | Oxi121 | 1.72 | 1.76 | 1.834 | 2 | 2 | 2 | 100.00% | 0 | 0.00%
|  | OxJ120 | 2.14 | 2.33 | 2.365 | 8 | 7 | 7 | 87.50% | 1 | 12.50%
|  | OxG124 | 0.888 | 0.916 | 0.918 | 4 | 4 | 2 | 100.00% | 0 | 0.00%
|  | OxC145 | 0.197 | 0.211 | 0.212 | 7 | 7 | 5 | 100.00% | 0 | 0.00%
|  | OxD144 | 0.396 | 0.416 | 0.417 | 4 | 4 | 3 | 100.00% | 0 | 0.00%
|  | Total |  |  |  | 33 | 32 | 26 | 96.97% | 1 | 3.03%

In 2011, RPA reviewed the analytical quality control processes and data for Fort Knox. RPA’s main conclusions were:

| · | The QA/QC procedures for exploration drillholes generally exceeded industry standards.

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| · | The QA/QC results for 2008 exploration samples were documented, however, details on accuracy, precision, and failure rates were not provided and the duplicate scatter plots suggested poor precision. Some tables and graphs were available for the 2009 and 2010 QA/QC results, but no discussion on precision, accuracy, insertion and failure rates were documented.

| · | Although the lack of formal QA/QC reporting was a significant procedural and documentation issue, it should not have had a material impact on the resource model.

RPA recommended that a standard operating protocol to ensure all of the QC data are compiled and documented on a regular basis should be implemented, and that this should include a QA/QC documentation template with tables, control charts, and graphs, and a description of the insertion rates, failure rates, actions taken, precision levels, and overall accuracy. FGMI implemented RPA’s recommendations in 2013 and produces annual QA/QC reviews.

11.5.5 | Gil Analytical QC Procedures, Results, and Analysis

All Gil core and RC samples are submitted to the same QA/QC protocols as Fort Knox, with the following differences and additions.

RC duplicate samples are collected from the sample splitter reject port at a rate of at least 2 per drillhole, at approximately 61 m (200 ft) intervals.

CRM sample frequency is one per 30.5 m (100 ft) for each core and reverse circulation hole. All CRMs in use since 2012 are sourced from Rocklabs Ltd.

Samples that have fire-assay grades greater than 0.3 g/t (0.01 opt) are re-analyzed by the laboratory with the “cold method” cyanide-soluble assay. Samples are exposed to a solution with a concentration of 0.25 to 0.50% CN at 20°C and agitated on a shaker table for one hour.

All analytical data are subjected to QA/QC review and a suite of validation checks prior to import into a database. The pass rate for blank QC samples is 95% (Table 11-5) and the overall pass rate for CRMs is 98% (Table 11-6).

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Table 11-5: Gil 2012 to 2014 Summary of Analytical Quality Control Data – Blanks.

QC ID | Min (Au g/t) | Max (Au g/t) | Accepted Value (Au g/t) | No. Submitted | No. Returned | No. Pass | % Pass | No. Fail | % Fail
Blank | 0 | 1.44 | 0.034 | 755 | 755 | 716 | 94.83 | 39 | 5.17

Table 11-6: Gil 2012 to 2014 Summary of Analytical Quality Control Data – CRM.

QC ID | Min (Au g/t) | Max (Au g/t) | Certified Value (Au g/t) | No. Submitted | No. Returned | Pass (within 3SD) | Within 2SD | % Pass | No. Fail | % Fail
OxC72 | 0.0583 | 0.4423 | 0.2050 | 166 | 166 | 162 | 153 | 97.59 | 4 | 2.41
OxD73 | 0.2194 | 1.0046 | 0.4160 | 162 | 162 | 160 | 152 | 98.77 | 2 | 1.23
OxG70 | 0.4046 | 1.7966 | 1.0070 | 190 | 190 | 189 | 184 | 99.47 | 1 | 0.53
OxI67 | 0.9977 | 2.3074 | 1.8170 | 152 | 152 | 151 | 148 | 99.34 | 1 | 0.66
OxJ64 | 0.2023 | 2.5406 | 2.3660 | 150 | 150 | 143 | 138 | 95.33 | 7 | 4.67
Total |  |  |  | 820 | 820 | 805 | 775 | 98.17 | 15 | 1.83

11.6 | Comment on Sample Preparation, Analyses, and Security

Kinross uses industry standard sample preparation, analysis, data management and security procedures for its drill programs. Kinross is of the opinion that the adequacy of the samples taken, the security of the storage and shipping procedures, the sample preparation, and analytical procedures used meet industry standard practices and that the results are suitable to estimate mineral resources and mineral reserves.

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12 | DATA VERIFICATION

A number of verification checks have been performed on data collected from both Fort Knox and Gil, either in support of technical reports or resource models, or as part of Kinross’ internal validation process.

12.1 | Fort Knox

The resource dataset for Fort Knox was historically stored as a series of comma separated value sheets, which were imported into MineSite software for modeling. Annually, data stored in individual excel spreadsheet drill logs were validated against paper field logs and appended to the database in MineSite. Assay and QC data were manually added to individual excel spreadsheet as assays were received.

In March 2017, an acQuire database was implemented for Fort Knox resource data. Before implementation, stand-alone copies of all digital assay certificates and excel logs were stored on the site network drive.

All digital excel drill logs were recompiled into an Access database due to sample ID truncations in the historic resource dataset. Both the original resource dataset sample IDs (2016 EOY model “1589”) and the recompiled sample ID were imported into acQuire during data migration.

Geological logging and geotechnical data were compiled, imported and subjected to standard acQuire internal validation checks, as well as review and comparison by geologists of original and re-logged data. Analytical data were imported directly from csv certificates reissued from laboratories in a standardized format where possible.

Assay data were categorized by year, laboratory, and function (primary or secondary lab). Standard formats and column headers were documented for templates during the importing of data. The data migration and validation was documented throughout the process in 2017.

No corrective bias has been detected and no actions or adjustments have been deemed necessary.

SRK audited the analytical quality control portion of FGMI’s QA/QC program in 2014, and concluded that the analytical quality control procedures and data verification measures used by FGMI are adequate to support mineral resource and mineral reserve (MRMR) estimation.

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12.2 | Gil

Collar coordinates are validated through checks with known points, comparison with planned coordinates and investigation of any deviations, and comparison with the digital elevation model.

The Excel files of digitized survey data are verified against the handwritten sheet prior to merging into the database.

Compiled geological logging data undergoes both manual and database validation checks to ensure that values are valid. Any errors are flagged and clarified with the rig geologist prior to being imported into the database.

Excel formulas are used to check analytical data and to flag values that are out of range.

In addition to the validation steps described above in the data collection and merging process, all data in the database are subject to random validation by FGMI staff. Periodically, 5% of the data in the database are verified against hard copy records.

An internal database audit of Gil was conducted in December 2013 (Wilson, 2013). Approximately 12% of drillholes from the Gil database were audited (89 holes totaling 8,919 m). The major conclusions of the internal audit were:

| · | the assay database was reasonable with only a few input errors and several errors of omission;

| · | treatment of detection limits for assays were not consistent;

| · | collar and survey errors consisted of rounding inconsistencies and treatment of downhole survey magnetic declination; and

| · | geology errors were high due to recoding and re-logging of handwritten logs. Although there was a high error rate for the geology, the final nine lithological units are likely unaffected by the subtle rock code changes.

All significant errors found during the database audit were addressed before the final database release date of January 13, 2014 for the 2014 Gil resource model.

12.3 | Comment on Data Verification

The process of data verification for Fort Knox and Gil has been performed by FGMI, precursor companies, and external consultancies contracted over the years of the operation. SRK and RPA conducted audits of the data verification processes

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(respectively in 2014 and 2011) and found that they are sufficiently reliable to use the analytical and geological data for the purpose of resource estimation.

Data used to support MRMR estimates have been subjected to additional validation, using built-in software program triggers that automatically check data for a range of possible entry errors. Verification checks on surveys, collar coordinates, lithology, and analytical data have also been conducted. The checks are appropriate and consistent with industry standards.

The QP has reviewed the reports, and is of the opinion that the data verification programs undertaken at Fort Knox and Gil show that the analytical and geological databases are of a suitable quality to adequately support geological interpretation and the use of the data in MRMR estimation.

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

13 | MINERAL PROCESSING AND METALLURGICAL TESTING

13.1 | Fort Knox

13.1.1 | Mill Recovery

The relationship between head grade and mill recovery has been investigated by FGMI staff through the life of the operation. The relationship is shown in Figure 13-1.

Figure 13-1: Milling Operation Head Grade versus Recovery Relationship with Operational Data.

13.1.2 | Metallurgical Testing – Walter Creek Heap Leach

| 13.1.2.1 | Heap Leach Testing

Projected heap leach recoveries were based on laboratory testing of eight bulk samples which were representative of the material to be leached. Gold recoveries from

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

the ROM feeds ranged from 28% (samples 103A and 200A) to 93% (sample 205B). Average gold recovery was 61.2% with an average of 224 days of leaching and rinsing. Gold extraction was progressing from all eight feeds at a slow rate when leaching was terminated, though a longer leaching cycle would slightly increase gold recoveries. From this testwork, the following recovery relation was derived and used in the heap leach model:

Where, | Rt = recovery over time
| Rmax = ultimate recovery
| k = kinetic factor
| days = End-of-Month date – Start-of-Month date

RMAX is assigned at 69%, while kinetic factor varies from year to year.

The gold recovery from the heap leach ore was 56% to date at the end of December 2017, and is predicted to be 68% at the conclusion of the operation.

| 13.1.3 | Metallurgical Testing – Barnes Creek Heap Leach

Fort Knox ore is considered free milling and has a single style of mineralization. A 2016 study of the Gilmore ore body compared the geochemical characteristics of the mined areas of the Fort Knox pluton and the proposed new mining area in the Gilmore dome. With the available geochemical data, it was observed that there is little difference between the two areas. Based on these results, the physical characteristics and mineralogy of Gilmore ore are expected to be similar to previously mined and processed ore from the existing Fort Knox pit.

| 13.1.3.1 | Heap Leach Testing

Heap leach testing, including bottle roll and column leach tests, was conducted on samples from the Gilmore property from 2015 to 2017 (Table 13-1).

Table 13-1: Summary of Gilmore Metallurgical Testwork.

Year of Drilling | Year of Testing | Type of Testwork | Number of Tests
2015 | 2015 | Bottle roll | 18
2016 | 2017 | Bottle roll | 17
2017 | 2017 | Bottle roll | 33
2017 | 2017 | Column | 10

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The average gold recovery of all bottle roll tests was 73%. For the column tests, the assayed head grades ranged from 0.127 g/t (0.0037 oz/t) to 0.391 g/t (0.0114 oz/t), with an average of 0.24 g/t (0.007 oz/t). The average gold recovery was 58% with an average cyanide consumption rate of 0.255 kg/tonne ore (0.51 lb/store). Evaluating the sixty-eight bottle roll tests and the modelled column leach tests results collectively, the average gold recovery is 71%. Gold recovery, for the Gilmore material tested, as a function of head grade is shown in Figure 13-2.

A variable head grade versus tails grade relationship was determined based on these data. The high grade data point (head grade of 4.5 g/t Au) was removed to prevent skewing the relationship. Subsequently, a grade recovery curve was developed using this information and the resultant relationship is shown in Figure 13-3.

Figure 13-2: Au Recovery vs. Head Grade, Gilmore Phase 9 and 10, Bottle Roll and Column Leach Testwork Results.

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Figure 13-3: Gold Recovery (RMAX) versus Head Grade Curve.

The Gilmore material grade-recovery curve is described as:

The same recovery equation, as shown in Section 13.1.2.1, will be used in the BCHL model, where the RMAX terms will be determined from the above equation.

| 13.1.3.2 | Bond Work Index Testing

For Bond Work Index (BWI) tests, ten representative samples were prepared from Gilmore core, and compared with three representative samples of the current (Phase 8) ore from SAG mill feed. The average BWI for the Gilmore samples was 13.1 kWh/t, and the average for current ore was 12.9 kWh/t. These test results indicate that there is no significant increase in hardness in the Gilmore ore zones compared with the current mining operation. Therefore, the operating parameters for grinding Gilmore ore

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can be the same as those in the current Fort Knox milling strategy. It should also be noted that only a small percentage of ore from Gilmore will be processed in the mill, before mill closure in 2020.

| 13.1.3.3 | Hydraulic Analysis

Knight Piésold and Co. completed a geotechnical laboratory testing program on five samples from 2017 drill core. The results provided an assessment of expected hydraulic performance relative to current and historical leach ore being processed on site (as tested in 2012). The testing program included geotechnical index testing, specific gravity, moisture content, and rigid wall permeability testing.

As shown in Figure 13-4, the saturated hydraulic conductivity of each of the leach ore samples is expected to remain well above the leach application rate of 0.005 gpm/ft2, which equates to 3.4x10-4 cm/sec (351.3 ft/year), assuming vertical infiltration. This indicates that the materials represented by the leach ore samples are expected to remain freely drained throughout leach operations.

Figure 13-4: Leach Ore Saturated Hydraulic Conductivity Profiles.

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| 13.2 | Gil

Projected heap leach recoveries for Gil are based on laboratory testing of six column tests from FGMI and three column tests conducted by a commercial testing laboratory (Figure 13-5). Gold recovery and cyanide consumption in the tests were shown to be related to the solution: ore ratio (Figure 13-6). In order for Gil to reach a total of 70% recovery, a 2.6 solution-to-ore ratio must be achieved. The cyanide consumption after attaining 2.6 solution:ore tonnes was measured as 0.05 kg/t (0.1 lb/st).

Figure 13-5: Gil Gold Recovery vs Leach Pad Solution Volume.

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Figure 13-6: Gil Cyanide Consumption vs Recovery.

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| 14 | MINERAL RESOURCE ESTIMATE

| 14.1 | Mineral Resource Statement

This report shows Mineral Resource statements, as of December 31, 2017, for the Fort Knox deposit including Gilmore, and for the Gil deposit. Mineral Resources are reported exclusive of Mineral Reserves within a US$1,400/oz Au price pit shell, but outside of the Life-of-Mine US$1,200/oz Au price pit. Mineral Resources are reported at cutoff grades of 0.10 g/t gold for Fort Knox and 0.21 g/t for Gil.

The Fort Knox Mineral Resources were reported below the December 31, 2017 mined surface. Table 14-1 and Table 14-2 show the classified Mineral Resources, exclusive of Mineral Reserves.

The Fort Knox mine has been extracting gold with the existing milling process since 1996. The Walter Creek heap leach pad was added in 2009. The leach process allows for extraction of gold from lower grade material that is not economic at milling costs.

Kinross is not aware of any environmental, permitting, legal, title, location, socio-economic, marketing, political, or other modifying factors that could materially affect the Fort Knox Mineral Resource estimate.

Table 14-1: Fort Knox Mineral Resource Estimate Effective December 31, 2017.

Classification | Tonnes (000’s) | Grade (Au g/t) | Ounces (000’s)
Measured | 6,606 | 0.36 | 77
Indicated | 110,824 | 0.33 | 1,185
Subtotal M&I | 117,429 | 0.33 | 1,262
Inferred | 101,579 | 0.32 | 1,031

Notes:

| 1. | Mineral Resources are exclusive of Mineral Reserves.

| 2. | The above mineral resource estimate is classified in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum’s “CIM Definition Standards - For Mineral Resources and Mineral Reserves" incorporated by reference into National Instrument 43-101 “Standards of Disclosure for Mineral Projects".

| 3. | Mineral Resources are estimated at a cutoff grade of 0.10 g/t Au based on a gold price of US$1,400/oz.

| 4. | The mineral resource estimates reported in this technical report are different from those reported in Kinross’ year-end mineral reserve and resource statement set out in its news release dated February 14, 2018 and its Annual Information Form dated March 31, 2018. The mineral resource estimate as at December 31, 2017 for Fort Knox has been updated from that previously reported based on the feasibility study work completed during 2018.

The Gil Mineral Resource block model was prepared by Kinross Technical Services.

Kinross is not aware of any environmental, permitting, legal, title, location, socio-economic, marketing, political, or other modifying factors, which could materially affect the Gil Mineral Resource.

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Table 14-2: Gil Mineral Resource Estimate Effective December 31, 2017.

Classification | Tonnes (000’s) | Grade (Au g/t) | Ounces (000’s)
Measured | - | - | -
Indicated | 29,516 | 0.56 | 533
Subtotal M&I | 29,516 | 0.56 | 533
Inferred | 4,026 | 0.49 | 63

Notes:

| 1. | Mineral Resources are exclusive of Mineral Reserves.

| 2. | The above mineral resource estimate is classified in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum’s “CIM Definition Standards - For Mineral Resources and Mineral Reserves" incorporated by reference into National Instrument 43-101 “Standards of Disclosure for Mineral Projects".

| 3. | Mineral Resources are estimated at a cutoff grade of 0.21 g/t Au based on a gold price of US$1,400/oz.

| 14.2 | Fort Knox Mineral Resource Estimate

The Fort Knox resource estimate was prepared by FGMI. Geologic domain solids were prepared using Leapfrog Geo 4.1 software, and Vulcan 10.1 software was used to manually edit the solids, prepare assay data for geostatistical analysis, construct the block model, estimate metal grades, and tabulate mineral resources. Snowden Supervisor software was used to run geostatistical analysis of raw and composited drill hole assay data to inform search distances and orientations based on variography.

| 14.2.1 | Data Preparation

The Fort Knox dataset is maintained in an acQuire database management system implemented in 2017. Before 2017, data were stored in separate Excel logs and combined within a MineSite software drillhole database.

The average depth of RC holes at Fort Knox through 2017 is 242 m (795 ft). The average depth of core holes is 258.5 m (848 ft). The shortest holes in both categories (less than 20 m) were holes abandoned and subsequently re-drilled with a different drillhole number. As the target depth has consistently increased over time, the longest holes have been drilled in the past five years (21 RC holes longer than 450 m and 14 core holes longer than 500 m).

Within defined zones of mineralization, drillhole spacing is between 15.3 and 91 m (50 to 300 ft). The average drillhole spacing within the 2017 LOM pit shell is 25.6 m (84.0 ft) in all directions.

The Q3 2017 database contains 265,245 nominally 1.52 m (5 ft) long samples. Of these samples, 252,593 have a gold assay greater than or equal to 0.00 g/t. 600 of the 252,593 reporting assay samples have lengths other than 1.52 m and primarily were from end-of-hole samples. Intervals not sampled occur in overburden, the upper very

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weakly mineralized schist, and from geotechnical and dewatering holes where sampling was not possible. Intervals not sampled were not used in the estimate and were flagged as ignored with numeric code ‘-99’. Summary statistics for the drillhole data used for the estimate are provided in Table 14-3.

Table 14-3: Fort Knox Drillhole Database Statistics.

Data | RC | Core
Valid Lithology Holes | 1123 | 720
Valid Assay Data Holes | 978 | 606
Valid Assay Metres (m) | 229,221 | 155,600
Average Recovery (%)1 | 77% | 90%
Average Hole Length (m) | 214 | 276
Shortest Hole Length (m) | 9 | 5
Longest Hole Length (m) | 488 | 554

Note:

| 1. | Average RC and core recovery by sample weight and theoretical calculation of hole diameter and sample split.

Historic drillhole recoveries have varied with improvements in recent years to drill technology and sampling protocols. Recent drill campaigns have averaged over 90% recovery for core (see Section 10.4).

Data validation checks in accordance with the ongoing Fort Knox QA/QC program are conducted during and after drill programs (see Section 12). No global corrective bias has been detected and no actions or adjustments have been necessary apart from selective assay interval rejection due to suspected contamination or sampling error.

Before doing statistical analyses, all data were imported into Excel, Leapfrog, MineSite, and Vulcan software. A check on the database was performed to search for any obvious errors, and corrections were made by FGMI geologists. Collar locations and downhole surveys are rigorously reviewed by manual verification methods for erroneous data by FGMI’s technical staff. Historically, 5 to 10% of logging data were verified against hardcopy logs. Since 2017, direct digital logging in acQuire has been checked in 3D software on an ongoing basis throughout drill programs.

Holes with assay data are rejected from the resource model based on sample recovery, sample weight, drill log comments (i.e., contamination, abnormal drilling), water in the hole comments, and/or visual comparison of assay results from the hole in question and surrounding holes including production blasthole samples. Suspect intervals are examined in cross-section and drill logs are reviewed accordingly. Initial software checks to evaluate downhole contamination and run-length cyclicity are performed on RC data to identify potential suspect holes. As part of Kinross’ best

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practices, the Resource Modeller and Senior Geologists confer before any data are rejected. Rejected data are tracked separately.

| 14.2.2 | Density Data

The historic density used globally for all domains was 2.56 tonnes/m3 (tonnage factor of 12.50 ft3/ston). This density value was based on analysis of samples using 25 immersion tests (by FGMI), 99 pycnometer tests (by Bondar-Clegg), and one volumetric determination of a bulk sample supplied by FGMI (Mineral Resources Development, 1991; 1999). Bondar Clegg’s density determinations average 2.62 tonnes/m3 (12.24 ft3/ston). FGMI’s densities for the fine grained, medium grained and coarse grained intrusive units average 2.59, 2.55, and 2.61 tonnes/m3 (12.38, 12.48, and 12.27 ft3/ston), respectively; a density of 2.54 tonnes/m3 (12.61 ft3/ston) was obtained for the bulk sample.

Eight PQ drill core samples were collected in 2008 and analyzed by Alaska Assay in Fairbanks. In 2005 and 2008, 25 geotechnical core samples were tested by Call & Nicholas, Inc. Both sample sets yielded an average rock density of 2.62 tonnes/m3 (12.22 ft3/ston).

In 2010, RPA reviewed the core weight distribution of 1,432 samples in 2004 and noted that a density of 2.56 tonnes/m3 (12.50 ft3/ston) may be too low. The formula applied for a conversion from specific gravity to tonnage factor is:

Tonnage Factor (ft3/ston) = 2000 lbs/ston / (62.4 lbs/ft3 * SG)

When comparing the average sample weight to the theoretical sample weight, RPA showed that actual weight was approximately 7.5% higher. The expected weight for a 1.5 m (5 ft) PQ core sample with 100% recovery would be approximately 20.9 kilograms (46 pounds) and the average actual weight of the samples is 22.5 kilograms (49.7 pounds).

Since 2011, ongoing density analyses of core samples at Fort Knox have been completed using the immersion test for specific gravity at the core logging facility. Beginning in 2017, density samples were taken approximately every 30.5 m (100 ft) down hole on core holes. The method involves determining the mass of the sample in air and the apparent mass of the sample upon immersion in water. Results from 2011 to 2015 confirm a granite density greater than 2.56 tonnes/m3 may be appropriate.

In 2017, 48 core samples were analyzed using a paraffin wax coat prior to immersion on porous strongly argillic-altered clay-rich samples. By alteration, strongly argillic clay-

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altered granite has an average specific gravity of 2.54 tonnes/m3, lower than unaltered or weakly altered granite. The results of Fort Knox density data collected since 2005 by rock type are summarized in Table 14-4.

Granite ore and granite waste samples have similar densities. Density results by ore and waste designation are summarized in Table 14-5.

Table 14-4: Fort Knox Summary of Core Drilling Density Data Since 2005.

Lithology | Count | SG average (g/m3)
GRF | 87 | 2.65
GRM | 395 | 2.61
GRC | 475 | 2.62
Granite Domain | 957 | 2.63
SCH | 286 | 2.70
QTE | 175 | 2.65
Schist Domain | 461 | 2.68
Global | 1418 | 2.65

Table 14-5: Fort Knox Summary of Core Drilling Density Data by Ore/Waste.

Types | Average (g/cm3) | Count | Min (g/cm3) | Max (g/cm3)
Granite Waste | 2.62 | 546 | 2.26 | 2.85
Granite Ore | 2.61 | 199 | 2.20 | 2.72
Schist + QTE | 2.68 | 444 | 2.28 | 3.06

| 14.2.3 | Structural Model

A polyline and wireframe structural model based on geologic pit mapping data has been updated since 2012. The model consists of primary NW-trending ore faults and associated cross structures.

In 2017, the structural model was updated in Leapfrog Geo using historic bench scale pit mapping, blasthole grade data, oriented core, Acoustic Televiewer downhole surveys, in-pit hyperspectral mineralogic spectrometry, drillhole analytical spectrometry, and high-resolution pit scans using Maptek ISITE software. Compilation and follow-up pit mapping was completed by FGMI geologists with assistance from an SRK Practice Leader in Structural Geology. Fault interactions and fault magnitudes were clarified for use to define structural trends.

The various datasets were integrated in 3D and new structural planes developed from all the available data. The model contains 35 mineralization controlling structures

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within two dominant structural families of steep and more moderately SW-dip from WNW- and NW-trending structures. The average spacing of modelled ore structures is 100 m. Bench and wall scale sub-parallel structures and dominant joint sets have greater frequency and were assigned lower magnitudes.

Nine primary structural trends were identified based on continuity and expression in grade-control data. These structures are used to define the overall structural framework of the alteration domains and the segregation of estimate domains. Confidence was assigned from the number of corresponding lines of evidence, from the model inputs. The average spacing of primary structural trends is 300 m.

| 14.2.4 | Geology Model

In 2005, three granite domains were created to spatially segregate the estimation. In 2006, the eastern portion of domain 30 was separated into a new domain (40). In 2012, these domains were extended laterally and at depth to encompass expanded model limits. In 2017, the four domains were increased to eight to better constrain search orientation changes throughout the deposit, informed from the updated structural model. The eight different structural domains within the main granite lithology have been modelled with codes 10, 15, 20, 25, 30, 40, 50, and 60 from West to East. The granite domains were created in 3D using mineralized trends and geologic pit mapping data, building on the historic interpretation.

In general, domains 30, 40 and 50 are dominated by one or two structural trends. Domains 10-15, and 20-25 are controlled by three to six subparallel trends. The subdomains 15 and 25 demarcate changes across the Monte Cristo NE-trending regional trend. The Monte Cristo zone is expressed as a flexure in the generally planar NW-trending orientation of Fort Knox structures. Domain 60 was added with further drilling in 2016 in the far eastern portion of the pit to isolate geographically and statistically distinct cluster of drill data near the Yellow Pup zone. The boundaries between the granite domains are considered as soft boundaries for grade estimation (Table 14-6). As a result of contact analysis, each domain is interpolated independently but composites from all other granite domains can be used if they fall within the search criteria. Domain variable ‘domi17’ was flagged with domains 4, 10, 15, 20, 25, 30, 40, 50, 60.

In addition to parent estimate domains in the granite, a secondary domain variable was coded to limit the extrapolation of higher grade structural-controlled zones and dilution from weakly mineralized granite. The secondary subdomains of the granite were generated based on composite logging data including alteration, veining, and structural

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data. Drillholes were snapped to and manual wire-framing was used to refine the Leapfrog interpolation. The subdomains were subdivided into three packages in ascending order of flagging precedence:

| 1. | Weakly altered, variably faulted granite which is weakly mineralized. Background granite assigned parent search domain code 10 to 60.

| 2. | Moderately altered, variably faulted granite which is mineralized. Mineralized granite assigned domain code 80.

| 3. | Strongly altered and fault-controlled, mineralized granite. Highly-mineralized granite assigned domain code 90.

The subdomain variables are flagged in ‘d17hg’ with precedence given to code 80, then 90.

The schist domain (code 4) intersects all granite domains and has flagging precedence over the granite domains. The schist domain was created as an interpolated surface in Leapfrog snapping to drillholes at the primary granite-schist contact. The granite-schist contact surface is modified for each block model with additional information obtained through new drilling, pit and blasthole mapping. The geological domain wireframes are not clipped to the surface topography.

Box and whisker plots and Q-Q plots were generated to assess overlap and if various domains could be combined for outlier restriction, estimation, or composite selection. Contact profiles were generated to confirm the grade interpolation limits along the domain contacts (Figure 14-1). Contacts may be interpreted as either open, showing no significant grade differential at, or near, the contact; or soft, showing gradational grade differential; or hard, showing a sharp grade differential at the domain contact.

The boundaries between the schist domain and granite domains are considered as hard boundaries for grade estimation (Table 14-6). Within the granite, the spatial distribution of grade within run-length and back flagged composites suggest open and soft boundaries for grade estimation due to the gradational nature of the litho-structural domains. The background (domain 10-60) and moderately altered granite (80) domains are considered as open. The background (domain 10-60) and strongly altered granite (90) domains are considered as hard. The moderately altered granite (80) and strongly altered granite (90) are considered as soft. The soft boundary decision is based partially on production reconciliation data.

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A lithology variable is coded based on the schist contact with rock above coded as 600-schist and below as 100-granite.

Table 14-6: Fort Knox Domains and Contact Relationships.

Domain | Description | Location |  | Boundary Type1
|  |  | 4 | 10 | 15 | 20 | 25 | 30 | 40 | 50 | 60 | 80 | 90
4 | Schist | Global | - | H | H | H | H | H | H | H | H | H | H
10 | Granite - several trends | West North | H | - | O | O | O | O | O | O | O | O | H
15 | Granite - one primary trend | West South | H | O | - | O | O | O | O | O | O | O | H
20 | Granite - several trends | Mid-West North | H | O | O | - | O | O | O | O | O | O | H
25 | Granite - one primary trend | Mid-West South | H | O | O | O | - | O | O | O | O | O | H
30 | Granite - one primary trend | Mid | H | O | O | O | O | - | O | O | O | O | H
40 | Granite - several trends | Mid-East | H | O | O | O | O | O | - | O | O | O | H
50 | Granite - several trends | East | H | O | O | O | O | O | O | - | O | O | H
60 | Granite – several trends | Yellow Pup, Far East | H | O | O | O | O | O | O | O | - | O | H
80 | Granite - mineralized, weak alt | Global | H | O | O | O | O | O | O | O | O | - | S
90 | Granite - mineralized, strong alt | Global | H | H | H | H | H | H | H | H | H | S | -

Note:

| 1. | O = open boundary (samples from either domain), S = soft boundary (90’ isometric soft boundary), H= hard boundary

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Figure 14-1: Contact Plots of Global Domain Relationships.

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| 14.2.5 | Outlier Management and Capping Strategy

Historically, high grade raw assays in all granite domains were capped at 17.14 g/t gold (0.5 opt gold) before compositing based on reviews of gold assay cap statistics on a global basis. In 2017, the eight granite domains were reviewed separately with log probability plots and histograms to determine appropriate capping levels summarized in Table 14-7. Capping values reflect inflections on log probability plots at or near the 99.8th percentile. The log probability plot for domain 20 is shown in Figure 14-2. A summary of raw assay data statistics is shown in Table 14-8. In 2017, 302 assay intervals were capped representing 0.18% of all assay data of at least 0.00 g/t.

Table 14-7: Fort Knox Au Capping Analysis.

Domain | Au Cap (opt) | Au Cap (g/t)
4 | 0.15 | 5.14
10 | 0.50 | 17.14
15 | 0.50 | 17.14
20 | 0.60 | 20.57
25 | 0.80 | 27.43
30 | 0.60 | 20.57
40 | 0.60 | 20.57
50 | 0.60 | 20.57
60 | 0.15 | 5.14

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Table 14-8: Summary Raw Gold Assay Statistics by Domain.

Uncapped
Assay | All | 4 | 10 | 15 | 20 | 25 | 30 | 40 | 50 | 60
Samples | 252,593 | 57,374 | 56,809 | 8,179 | 31,593 | 19,158 | 21,664 | 29,532 | 25,222 | 3,062
Minimum | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0
Maximum | 156.03 | 77.02 | 73.01 | 57.91 | 49.83 | 156.03 | 110.51 | 79.45 | 80.51 | 26.92
Mean | 0.34 | 0.03 | 0.24 | 0.45 | 0.41 | 0.89 | 0.48 | 0.58 | 0.41 | 0.14
SD | 1.64 | 0.51 | 1.03 | 1.58 | 1.51 | 2.95 | 2.40 | 2.09 | 1.78 | 0.65
CV | 4.66 | 10.82 | 4.06 | 3.48 | 3.72 | 3.35 | 4.86 | 3.67 | 4.20 | 4.71
90% | 0.68 | 0.07 | 0.51 | 0.96 | 0.75 | 1.82 | 0.92 | 1.13 | 0.79 | 0.31
99% | 4.62 | 0.72 | 2.95 | 5.48 | 5.86 | 10.41 | 5.07 | 6.47 | 5.31 | 1.68

Capped
Assay | All | 4 | 10 | 15 | 20 | 25 | 30 | 40 | 50 | 60
Samples | 252,593 | 57,374 | 56,809 | 8,179 | 31,593 | 19,158 | 21,664 | 29,532 | 25,222 | 3,062
Cap Count | 302 | 53 | 27 | 14 | 34 | 36 | 35 | 59 | 39 | 5
Pct_Capped | 0.12% | 0.09% | 0.05% | 0.17% | 0.11% | 0.19% | 0.16% | 0.20% | 0.15% | 0.16%
Minimum | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0
Maximum | 27.40 | 5.14 | 17.12 | 17.12 | 20.55 | 27.40 | 20.55 | 20.55 | 20.55 | 5.14
Mean | 0.34 | 0.03 | 0.24 | 0.45 | 0.41 | 0.86 | 0.45 | 0.55 | 0.41 | 0.14
SD | 1.64 | 0.24 | 0.75 | 1.23 | 1.34 | 2.19 | 1.34 | 1.51 | 1.34 | 0.34
CV | 4.66 | 6.03 | 3.14 | 2.84 | 3.38 | 2.58 | 2.95 | 2.78 | 3.30 | 2.79

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Figure 14-2: Log Cumulative Probability Plot of Uncapped Assay Data (opt) Domain=20.

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| 14.2.6 | Compositing

Grade-capped assay intervals were combined into nominal 4.6 m (15 ft) downhole composites from top of hole without respect to geologic domain boundaries. Rejected assay intervals were excluded from compositing; reasons for rejection are outlined in Section 14.2.1.

Composites were assigned a code corresponding to the estimate domains flagged by composite centroid. Composite statistics for the Fort Knox deposit are summarized in Table 14-9, by domain. Composites were checked by length versus grade and spatially and no bias affecting estimation was noted.

Table 14-9: Fort Knox Composite Statistics by Domain.

Assay | All | 4 | 10 | 15 | 20 | 25 | 30 | 40 | 50 | 60
Composites | 82,943 | 19,189 | 18,662 | 2,455 | 10,439 | 6,073 | 6,847 | 9,576 | 8,392 | 1,033
Minimum | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0
Maximum | 20.67 | 5.11 | 17.14 | 11.52 | 17.66 | 20.67 | 11.66 | 17.93 | 14.81 | 4.46
Mean | 0.31 | 0.03 | 0.21 | 0.45 | 0.38 | 0.82 | 0.38 | 0.51 | 0.38 | 0.14
SD | 0.79 | 0.17 | 0.51 | 0.86 | 0.89 | 1.44 | 0.69 | 1.06 | 0.89 | 0.27
CV | 2.56 | 4.06 | 2.31 | 1.88 | 2.45 | 1.75 | 1.88 | 2.07 | 2.35 | 2.15
90% | 0.72 | 0.07 | 0.51 | 0.99 | 0.75 | 1.99 | 0.82 | 1.10 | 0.82 | 0.31
99% | 3.63 | 0.72 | 2.37 | 4.42 | 4.11 | 7.78 | 3.50 | 5.14 | 4.66 | 0.86

| 14.2.7 | Density in Domains

Based on density tests, the granite domain and schist domain have separate global densities. To account for historic large sample bulk density tests and the underrepresentation of strongly clay altered samples in onsite testing, an average granite domain density of 2.60 tonnes/m3 and average schist domain density of 2.62 tonnes/m3 were used. These separate densities increase density from the historic global density by 1.6% and 2.3% respectively and convert to a 12.3 TF for granite and 12.2 TF for schist.

Density values for the schist and granite are back flagged by centroid based on block lithologic domain.

| 14.2.8 | Variography and Continuity Analysis

The spatial continuity of gold was assessed on the basis of variograms, in orientations determined from blasthole data and confirmed with exploration data, with the nugget set from the exploration data downhole variogram. The reliance on grade control data

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for spatial continuity orientation stemmed from a recommendation made in 2010 by RPA due to the nature of mineralization and poor continuity fit of exploration data variograms.

The composite exploration data show a high nugget effect combined with relatively long major and semi-major ranges for all domains. Variograms were fit with two spheroidal structures. While reasonable continuity in variograms were achieved, variograms require additional refinement for use with an ordinary kriging (OK) estimate. Table 14-10 summarizes Fort Knox variography parameters, and Table 14-11 summarizes the variogram models used to inform the search ellipsoids for estimation.

Ranges from these models were used to determine the search ellipsoid size and orientation used for grade estimation. Search ellipsoid parameters were created using Supervisor software and imported into Vulcan for estimation. The along-strike (major) and across-strike (semi-major) variograms have ranges of approximately 61 to 152 m (200 to 500 ft). Domain 20 has two subparallel ellipsoid orientations; one for the domain = 90+ (strongly altered subdomain) and a second for remaining passes.

Table 14-10: Fort Knox Variography Parameters (2nd Structure).

|  |  | Rotation | Range (m)
Domain | Description | Nugget | Sill | Bearing | Plunge | Dip | Major | Semi | Minor
4 | 4 schist | 0.57 | 0.21 | 294 | -37.2 | 64.6 | 82.3 | 61.0 | 36.6
10 | 10west | 0.42 | 0.25 | 252.4 | -31.8 | 25.7 | 115.8 | 73.2 | 30.2
15 | 15south | 0.47 | 0.21 | 121.6 | -11.3 | -33.34 | 135.6 | 100.6 | 29.9
20 | 20 hg | 0.54 | 0.42 | 295.6 | -14 | 43 | 100.0 | 91.4 | 23.2
20 | 20 mg-lg | 0.42 | 0.3 | 157.2 | -20.7 | -40.9 | 152.4 | 164.0 | 30.8
25 | 25 mid | 0.45 | 0.26 | 330.3 | 16.7 | 31.2 | 89.9 | 103.9 | 20.4
30 | 30mid | 0.44 | 0.21 | 285.5 | -21.6 | 28.2 | 152.4 | 114.3 | 34.7
40 | 40east | 0.4 | 0.25 | 306.75 | -17.4 | 42.2 | 94.5 | 64.3 | 21.3
50 | 50 far east | 0.64 | 0.19 | 134.6 | 22.5 | -45.9 | 47.2 | 64.0 | 18.9
60 | 60 YP | 0.28 | 0.21 | 274.4 | -58.5 | 16.7 | 87.2 | 76.8 | 28.3

| 14.2.9 | Gold Grade Interpolation and Spatial Analysis

The block model was generated in Vulcan 10.1 software. The block sizes used was 7.6 x 7.6 x 4.6 m high (25 x 25 x 15 ft). The model was re-blocked to 15.2 x 15.2 x 9.1 m high (50 x 50 x 30 ft) consistent with the historic Fort Knox standard mining unit dimensions.

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Model limits extend from 0 to 5,791 m east, 1,524 to 4,420 m north and -308 to 762 m in elevation based on a local grid.

Gold grade is interpolated into the block model using inverse distance squared algorithm (ID2) on capped Au composites. Interpolation parameters include a minimum of 3 composites, a maximum of 8 composites, and a maximum of 2 composites per drillhole.

Search orientations and distances are based on variography by parent search domain outlined in Table 14-11. The interpolation for granite is completed in three passes.

| · | First pass, highly altered domain (block domain flag: d17hg>=90), ellipsoid ranges are equal to 1.0 - 1.2x the 2nd structure variogram ranges.

| · | Second pass, moderately altered domain (block domain flag: d17hg>=80, un-estimated pass = 0), ellipsoid ranges are 1.2 - 1.6x the 2nd structure variogram ranges.

| · | Third pass, background granite and unestimated blocks (block domain flag: domi17= 4 through 60, pass = 0), ellipsoid ranges match second pass ranges.

Ellipsoid weight ratios are normalized to the search ranges. Ellipsoids were loaded in Vulcan and visually inspected in various locations of the model for fit.

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Table 14-11: Model Estimation Parameters.

Pass 1 Estimate - Highly Altered Domain 90 |
Est Domain | Comp Selection | Major (m) | Semi (m) | Minor (m) | Block Selection | Min Comp | Max Comp | Max/ Hole
i10hg | D17HG>=80 | 115.8 | 73.2 | 30.5 | DOMI17 = 10, D17HG >= 90 | 4 | 15 | 3
i15hg | D17HG>=80 | 137.2 | 100.6 | 30.5 | DOMI17 = 15, D17HG >= 90 | 4 | 15 | 3
i20hg | D17HG>=80 | 100.6 | 91.4 | 24.4 | DOMI17 = 20, D17HG >= 90 | 4 | 15 | 3
i25hg | D17HG>=80 | 91.4 | 103.6 | 21.3 | DOMI17 = 25, D17HG >= 90 | 4 | 15 | 3
i30hg | D17HG>=80 | 152.4 | 115.8 | 33.5 | DOMI17 = 30, D17HG >= 90 | 4 | 15 | 3
i40hg | D17HG>=80 | 94.5 | 64.0 | 21.3 | DOMI17 = 40, D17HG >= 90 | 4 | 15 | 3
i50hg | D17HG>=80 | 54.9 | 67.1 | 18.3 | DOMI17 = 50, D17HG >= 90 | 4 | 15 | 3
i60hg | D17HG>=80 | 88.4 | 76.2 | 27.4 | DOMI17 = 60, D17HG >= 90 | 4 | 15 | 3
Pass 2 Estimate - Moderately Altered Domain 80
Est Domain (DOMI16) | Comp Selection | Major (m) | Semi (m) | Minor (m) | Block Selection | Min Comp | Max Comp | Max/ Hole
i10mg | Open | 185.9 | 115.8 | 61.0 | DOMI17 = 10, D17HG >= 80, Pass = 0 | 3 | 8 | 2
i15mg | Open | 189.0 | 140.2 | 61.0 | DOMI17 = 15, D17HG >= 80, Pass = 0 | 3 | 8 | 2
i20mg | Open | 182.9 | 198.1 | 61.0 | DOMI17 = 20, D17HG >= 80, Pass = 0 | 3 | 8 | 2
i25mg | Open | 143.3 | 167.6 | 42.7 | DOMI17 = 25, D17HG >= 80, Pass = 0 | 3 | 8 | 2
i30mg | Open | 182.9 | 137.2 | 61.0 | DOMI17 = 30, D17HG >= 80, Pass = 0 | 3 | 8 | 2
i40mg | Open | 152.4 | 103.6 | 54.9 | DOMI17 = 40, D17HG >= 80, Pass = 0 | 3 | 8 | 2
i50mg | Open | 85.3 | 109.7 | 39.6 | DOMI17 = 50, D17HG >= 80, Pass = 0 | 3 | 8 | 2
i60mg | Open | 140.2 | 121.9 | 51.8 | DOMI17 = 60, D17HG >= 80, Pass = 0 | 3 | 8 | 2
Pass 3 Estimate - Weakly Altered Domain < 80 |
Est Domain (DOMI16) | Comp Selection | Major (m) | Semi (m) | Minor (m) | Block Selection | Min Comp | Max Comp | Max/ Hole
i10 | D17HG < = 80 | 185.9 | 115.8 | 61.0 | DOMI17 = 10 and Pass = 0 | 3 | 8 | 2
i15 | D17HG < = 80 | 189.0 | 140.2 | 61.0 | DOMI17 = 15 and Pass = 0 | 3 | 8 | 2
i20 | D17HG < = 80 | 182.9 | 198.1 | 61.0 | DOMI17 = 20 and Pass = 0 | 3 | 8 | 2
i25 | D17HG < = 80 | 143.3 | 167.6 | 42.7 | DOMI17 = 25 and Pass = 0 | 3 | 8 | 2
i30 | D17HG < = 80 | 182.9 | 137.2 | 61.0 | DOMI17 = 30 and Pass = 0 | 3 | 8 | 2
i40 | D17HG < = 80 | 152.4 | 103.6 | 54.9 | DOMI17 = 40 and Pass = 0 | 3 | 8 | 2
i50 | D17HG < = 80 | 85.3 | 109.7 | 39.6 | DOMI17 = 50 and Pass = 0 | 3 | 8 | 2
i60 | D17HG < = 80 | 140.2 | 121.9 | 51.8 | DOMI17 = 60 and Pass = 0 | 3 | 8 | 2
schi4 | DOMI17 = 4 | 82.3 | 61.0 | 36.6 | DOMI17 = 4 | 3 | 8 | 2
zschi4 | DOMI17 = 4 | 61.0 | 45.7 | 27.4 | DOMI17 = 4 and pass = 0 | 2 | 8 | 2

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| 14.2.10 | Resource Classification

The resource classification scheme established at Fort Knox uses the average exploration drilling grid spacing to delineate Measured, Indicated, and Inferred resources (Table 14-12). Prior to 2017, an interpolated isotropic search was used to assign resource category. In 2017, to eliminate artifacts from interpolation, polygons are used to generate a 3D wireframe used to filter coherent block classification together. Classification flagging only applies to blocks with valid estimated gold grades. The ranges of the Indicated and Inferred classification are assessed based on the average of major and semi-major axis range for all granite domains at approximately 85% of the sill for Indicated. Schist estimate classification is capped at Inferred.

| · | Measured: Blocks estimated from three samples from different drillholes located within 32 m (105 ft), provided one sample was within 22.9 m (75 ft);

| · | Indicated: Blocks estimated within 29.0 m radius (95 ft) of drill holes; and

| · | Inferred: Blocks estimated within 36.6 m radius (120 ft) of drill holes.

| · | Other Mineralization: Blocks with a valid Au grade greater than or equal to 0.00 g/t.

Table 14-12: Fort Knox Classification Summary.

Classification | Drill Spacing (m (ft)) | Average Minimum Sample Distance (m (ft))
Measured | 55.4 (182) | 14.1 (46.4)
Indicated | 58.0 (190) | 21.5 (70.6)
Inferred | 73.2 (240) | 29.4 (96.5)
Other | if estimated | 56.7 (186.5)

| 14.2.11 | Consolidated Model

The resource model was re-blocked to reflect the historic and ongoing standard mining unit size employed at Fort Knox of (50x50x30 ft) and to (75x75x30 ft). Domain flagged variables were re-blocked as majority and the interpolated Au grade variable was re-blocked as simple average. A post re-block filter sets mixed estimated and un-estimated blocks to un-estimated (Au=-99) and re-flags density to majority lithlogic

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domain code between granite and schist. The model extents are summarized in Table 14-13.

Table 14-13: Re-blocked Block Model Extents and Parameters.

Parameter | 505030 model | 757545 model
Block Origin Easting1 | 0 | 0
Block Origin Northing1 | 5,000 | 5,000
Block Origin Elevation1 | 1,010 | 1,010
Columns | 380 | 241
Rows | 190 | 126
Levels | 117 | 75
Block Count | 8,447,400 | 2,368,548
Re-block Block Size (ft) | 50x50x30 | 75x75x45
Re-block Block Size (m) | 15.2x15.2x9.1 | 22.9x22.9x13.7
Rotation | N/A | N/A

Note:

| 1. | Local mine grid coordinates in feet.

| 14.2.12 | Block Model Validation

The Fort Knox block model was validated using a number of techniques to confirm the assignment of appropriate variables and grade estimation. These techniques included:

| · | visual confirmation of block estimates to informing drilling data on plan and sectional views in MineSight and Vulcan software;

| · | interpolation using nearest neighbour and ordinary kriging (OK) compared to the ID2 model;

| · | Swath plots for composite data, NN estimate, OK estimate, and the ID2 model (Figure 14-3); and

| · | grade-tonnage curves (Figure 14-4).

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Figure 14-3: SWATH Plots of Au Grades by Easting (X), Northing(Y), and Elevation (Z) (opt)

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Figure 14-4: Fort Knox Grade-Tonnage Curve.

| 14.2.13 | Historical Reconciliation

Fort Knox has over 20 years of blasthole reconciliation data. The mineral model for Fort Knox was reconciled to actual mining to provide an indication as to how well the current Long Term resource model (LTRM) predicts the tonnage and grade of the mineralization. Table 14-14 shows the reconciliation of the A-ore model (predicted) to A-ore mined (actual) at the Fort Knox Mine for the January 2015 – August 2017 time

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period. The reconciliation is based on grade control data using 0.45 g/t Au (0.0130 opt), 0.31 g/t Au (0.009 opt), and 0.14 g/t Au (0.004 opt) cutoffs for A-ore, B-ore, and C-ore respectively. Over the 2.5 year time period, the LTRM under-predicted total ore tonnes by 8.7%, over-predicated total ore grade by 0.8% and under-predicted total ore ounces by 7.9%.

Table 14-14: Production Reconciliation January 2016 through December 2017.

Source | A-ore | B-ore | C-ore | Total Ore
Tonnes (000’s) | Grade (g/t) | Au (koz) | Tonnes (000’s) | Grade (g/t) | Au (koz) | Tonnes (000’s) | Grade (g/t) | Au (koz) | Tonnes (000’s) | Grade (g/t) | Au (koz)
Model (predicted)1 | 17,638 | 0.893 | 506.6 | 10,899 | 0.382 | 133.7 | 24,632 | 0.210 | 166.7 | 53,169 | 0.472 | 807.0
Mined (actual)2 | 18,274 | 0.876 | 514.8 | 10,899 | 0.390 | 136.6 | 28,648 | 0.238 | 218.9 | 57,821 | 0.468 | 870.4
Difference | 636 | -0.017 | 8.2 | 0 | 0.008 | 2.9 | 4,016 | 0.027 | 52.3 | 4,652 | -0.004 | 63.4
% Difference | 3.6% | -1.9% | 1.6% | 0.0% | 2.2% | 2.2% | 16.3% | 12.9% | 31.4% | 8.7% | -0.8% | 7.9%

| 1. | Model is the Fort Knox Mineral resource block model (1722).

| 2. | Mined is ore control routing from production block model.

| 14.3 | Gil Mineral Resource Estimate

Kinross Technical Services (KTS) prepared the Gil resource estimate using Vulcan software to construct the geological solids, prepare assay data for geostatistical analysis, construct the block model, estimate metal grades, and tabulate mineral resources. Snowden Supervisor software was used to confirm search distances and orientations based on variography.

| 14.3.1 | Database

The Gil database is maintained in Microsoft Access software and .csv files were exported by FGMI Exploration staff and supplied to KTS for the collar, survey, assay, geology, and density tables.

Drillhole spacing at Gil is quite variable by area and lithology, but tends to be most clustered where the high gold grades are located. In general, Gil has the closest spaced drilling and Sourdough has the widest spacing drilling. The units Amph, BCQMSc, and IFS have closer spaced drilling (see Table 14-15 for lithological codes).

There are 47,936 assayed intervals totalling 73,105 m in the database used for estimation, including 39,268 assays greater than 0.00 g/t Au totalling 59,877 m. After intervals or holes were rejected by FGMI’s technical staff, based upon sample recovery, potential contamination notes in the drill logs, water in the hole, and/or visual comparison of assay results from hole to surrounding holes, the total number of assay greater than 0.00 g/t Au is 39,033.

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In addition to holes rejected by site staff, a contamination review was completed by KTS using SGeMS software utilities. These utilities look for bias between RC and core drillholes, downhole decay contamination in RC holes, and cyclicity contamination in RC holes. No holes were rejected from estimation after this review.

Table 14-15: Gil-Sourdough Lithological Codes.

Rock-Type | Description | Code
OB | Overburden | 900
Dio | Diorite | 800
Amph | Amphibolite | 700
MRBL | Marble | 600
BCQMSc | Biotite-chlorite-quartz-mica schist | 500
IFSc | Interlayered felsic schist | 400
AQMSc | Actinolite-quartz-mica schist | 300
Qte | Quartzite | 200
QMS | Quartz-mica schist | 100

| 14.3.2 | Density Data

The descriptive statistics for density are based on raw data by lithology. Each lithological unit has a defined density (Table 14-16). Density measurements are conducted on pieces of skeletonized core, noting depth, lithology type, and oxidation state by using the water displacement (Archimedes) method. Typically, readings are taken every 30.5 m (100 ft) down hole. Samples are fully dried prior to weight in air readings and porous samples are shellacked as needed.

Table 14-16: Gil Specific Gravity by Domain.

| OB1 | AMPH | AQMS | BCQMS | DIO | IFS | MRBL | QMS | Qte
No. Samples | 0 | 17 | 49 | 339 | 20 | 9 | 30 | 406 | 70
Min |  | 2.6915 | 2.3948 | 1.5237 | 2.3036 | 2.3197 | 1.9732 | 1.3589 | 1.6414
Max |  | 3.1036 | 3.1809 | 3.3985 | 2.7477 | 2.558 | 2.959 | 3.3388 | 2.7685
Mean g/cc | 1.73 | 2.90 | 2.66 | 2.69 | 2.61 | 2.47 | 2.62 | 2.62 | 2.58
Mean st/cf | 0.054 | 0.091 | 0.083 | 0.084 | 0.082 | 0.077 | 0.082 | 0.082 | 0.080

1 Specific gravity provided by FGMI

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| 14.3.3 | Exploratory Data Analysis

Raw drillhole data were loaded into Maptek’s Vulcan 3D modelling software and desurveyed, exported as .csv files and loaded into Snowden’s Supervisor geostatistical software for preliminary exploratory data analysis (EDA).

After preliminary EDA by logged lithology codes, it was determined that interpreted lithology codes would be the most suitable to use.

| 14.3.4 | Capping Strategy

Raw assay capping analysis was performed by domain in Supervisor. Final capping values were based on probability plots and capping statistics (Table 14-17). Most of the lithology units (domains) appear to be single distributions with the exception of the IFSc. The IFSc wireframe was built by including other lithology units in areas with minor amounts of IFSc, and this contributed to a bi-modal distribution. KTS determined that it was not possible to spatially separate the populations at this time. The OB, MRBL, and Dio plots were very rough due to a limited number of samples and/or mixing of lithology. KTS based the capping values on inflections in the log-probability plots at, or around the 99th percentile. The capping strategy reduced the metal content by 8%.

Table 14-17: Gil Au Capping Analysis.

Domain | Number of Samples | Cap level (g/t) | Number of Capped | % Capped | Grade (g/t) | Grade Capped (g/t) | Metal Removed
OB | 695 | No cap |  |  | 0.213 |  |
Dio | 117 | No cap |  |  | 0.021 |  |
MRBL | 270 | 3.43 | 2 | 0.74% | 0.295 | 0.185 | 37.2%
BCQMS-Amph | 11,570 | 12.00 | 34 | 0.29% | 0.501 | 0.480 | 4.1%
IFS | 601 | 6.86 | 2 | 0.33% | 0.425 | 0.415 | 2.4%
AQMS | 3,037 | 5.14 | 12 | 0.40% | 0.182 | 0.165 | 9.4%
Qte | 1,904 | 6.51 | 5 | 0.26% | 0.141 | 0.117 | 17.1%
QMS | 28,195 | 5.14 | 88 | 0.31% | 0.147 | 0.127 | 14.0%
Total of Capped | 45,577 | Variable | 143 | 0.31% | 0.247 | 0.226 | 8.2%

| 14.3.5 | Compositing

A 3.05 m (10 ft) composite length was chosen due to the narrow dimensions of the mineralized domains in some areas. Composites were broken at domain contacts down the hole. Since most of the sampling at the project was done on 1.52 m (5 ft)

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lengths, the resulting composites were either 3.05 m (10 ft) or 1.52 m (5 ft) in length. Scatter plots of length vs grade were created and KTS determined that there was no grade bias by length.

Descriptive statistics by domain for the composite database for uncapped data, capped data (Table 14-18) and capped and declustered data (Table 14-19) were determined.

Table 14-18: Gil Uncapped and Capped Au Composite Statistics by Domain1.

Domain | No. of Samples |  | Uncapped | Capped
Min (all) | Au (g/t) | SD | CV | Max (g/t) | Au (g/t) | SD | CV | Max (g/t)
BCQMS-Amph | 6,170 | 0.0000 | 0.535 | 1.337 | 2.47 | 26.67 | 0.51 | 1.06 | 2.08 | 12.00
AQMS | 1,605 | 0.0000 | 0.189 | 0.651 | 3.38 | 12.55 | 0.17 | 0.45 | 2.52 | 5.14
QMS | 14,489 | 0.0000 | 0.154 | 0.720 | 4.76 | 41.38 | 0.13 | 0.38 | 2.9 | 5.14
Dio | 64 | 0.0000 | 0.024 | 0.034 | 2.5 | 0.34 | 0.00 | 0.00 |  | 0.00
IFS | 326 | 0.0000 | 0.483 | 1.406 | 2.89 | 22.66 | 0.43 | 0.69 | 1.6 | 6.86
MRBL | 141 | 0.0000 | 0.309 | 1.440 | 4.72 | 16.63 | 0.20 | 0.45 | 2.26 | 2.78
OB | 521 | 0.0000 | 0.213 | 1.029 | 4.77 | 21.09 | 0.00 | 0.00 |  | 0.00
Qte | 1,039 | 0.0000 | 0.141 | 0.754 | 5.31 | 17.97 | 0.12 | 0.45 | 3.61 | 6.41

1 Since both the OB and Dio were not estimated in the block model, only the uncapped statistics are provided.

Table 14-19: Gil Capped and Declustered Au Statistics by Domain1.

Domain | No. of Samples | Capped and Declustered
|  | Min (all) | Au (g/t) | SD | CV | Max (g/t)
BCQMS-Amph | 6,170 | 0.0000 | 0.456 | 0.960 | 2.07 | 12.00
AQMS | 1,605 | 0.0000 | 0.165 | 0.411 | 2.57 | 5.14
QMS | 14,489 | 0.0000 | 0.123 | 0.343 | 2.89 | 5.14
Dio | 64 | 0.0000 |  |  |  | 0.00
IFS | 326 | 0.0000 | 0.350 | 0.549 | 1.61 | 6.86
MRBL | 141 | 0.0000 | 0.247 | 0.514 | 2.11 | 2.78
OB | 521 | 0.0000 |  |  |  | 0.00
Qte | 1,039 | 0.0000 | 0.110 | 0.343 | 3.18 | 6.41

1 Since both the OB and Dio were not estimated in the block model, only the uncapped statistics are provided.

| 14.3.6 | Variography

Variogram models by domain were calculated in Snowden Supervisor. Variograms were normal score transformed and then back-transformed for estimation. There are 23 domains (by lithology, by area) in all. No estimate was performed for domains OB, Dio_1, or Dio_3. Domain combinations were: Amph_1 with BCQMS_1-1, Amph_3 with

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BCQMS_3, Qte_1 with QMS_1, and Qte_2 with QMS_2. Only 11 of the remaining 16 domains had enough data to produce reasonable variograms (parameters in Table 14-20).

The resultant ellipsoids for each domain were loaded into Vulcan for visual validation that the size, shape, and orientation was geologically reasonable. For domains where variograms could not be created, a best fit search ellipsoid was created and visualized in the same manner.

Table 14-20: Gil Variography Parameters.

|  |  |  |  | Structure 1 | Structure 2
| C0 |  |  |  | C1 | VULCAN Ellipse Range | C2 | VULCAN Ellipse Range
| Nugget | about Z | about Y' | about X' | Diff Sill | X' | Y' | Z' | Diff Sill | X' | Y' | Z'
AQMS_1 | 0.44 | 50 | -60 | -90 | 0.36 | 134 | 243 | 87 | 0.20 | 204 | 299 | 118
AQMS_2 | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a
AQMS_3-1 | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a
AQMS_3-2 | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a
BCQMS-Amph_1-1 | 0.37 | 127 | 39 | 8 | 0.36 | 73 | 82 | 73 | 0.27 | 370 | 194 | 127
BCQMS_1-2 | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a
BCQMS_2-1 | 0.45 | 90 | 0 | 60 | 0.38 | 189 | 157 | 110 | 0.17 | 339 | 204 | 174
BCQMS_2-2 | 0.40 | 70 | 20 | -90 | 0.31 | 317 | 102 | 20 | 0.29 | 399 | 221 | 48
BCQMS-Amph_3 | 0.45 | 140 | 70 | 90 | 0.22 | 126 | 104 | 137 | 0.33 | 306 | 239 | 151
BCQMS_4 | 0.21 | 330 | -25 | 0 | 0.51 | 321 | 157 | 34 | 0.28 | 377 | 269 | 61
IFS_2 | 0.31 | 5 | 0 | -10 | 0.20 | 135 | 96 | 11 | 0.49 | 365 | 192 | 73
MRBL_4 | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a
QMS_1-Qte_1 | 0.49 | 120 | 0 | 75 | 0.37 | 97 | 208 | 127 | 0.14 | 197 | 249 | 220
QMS_2-Qte_2 | 0.51 | 75 | 0 | 80 | 0.27 | 232 | 20 | 175 | 0.22 | 285 | 112 | 198
QMS_3 | 0.38 | 130 | -50 | 180 | 0.34 | 82 | 67 | 116 | 0.28 | 215 | 207 | 156
QMS_4 | 0.49 | 30 | 0 | 70 | 0.23 | 139 | 216 | 141 | 0.28 | 299 | 340 | 333

| 14.3.7 | Domains

Lithological domains were created (Table 14-16, Table 14-21) with the default lithological unit as QMS. In areas where BCQMSc is folded with AQMSc, the AQMSc shape will overlap and priority coding is used for back-flagging composites and the block model. Figure 14-5 shows a type section through Gil and North Gil.

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The domains were built using sectional polygons on 15.2 m (50 ft) or 30.5 m (100 ft) centres oriented at an azimuth of 320°, with the exception of the IFSc which was modelled on sections running north-south. Drillholes were snapped to where possible. Overburden was modelled as a surface from both points down the hole and points that maintained a relative distance down the hole where no drilling existed. The oxidation surface was updated with current logging information.

Box and Whisker plots were used to determine if any of the lithological domains could be combined for estimation. The BCQMSc and Amph both have high grade assays, but there is very little Amph modelled so the two were combined for estimation, but not for density coding. Additionally, Qte has a similar grade distribution to the QMS so the two were combined for estimation. The other units either had significantly different grades and/or the shape orientations differed, so they were kept separate.

Contact analysis was completed between most of the domains (examples in Figure 14-6). In general, the domains were treated as hard boundaries due to the difference in lithologies and/or grade in the domains, with some exceptions treated as soft boundaries (Table 14-21) defined as the domain listed being able to use samples from the domains specified as ‘soft’.

Figure 14-5: Gil and North Gil Section View Showing Domains. Location of section C’-C is shown in Figure 7.3. N.B. Scale is in feet.

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Figure 14-6: Gil Contact Plot Analysis. Showing an example of a hard (BCQMS_1:QMS_1) and a soft boundary (QMS 2:QTE 2). N.B. Scale is in feet and Au grade is in opt.

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Table 14-21: Gil Estimation Domains and Contact Relationships.

Domain | Code | Boundary with other domains (hard if not specified)
Combined domains | Soft Boundary1 | Soft Boundary for 3 m
QMS_1 | 110 | - | 120, 210 | 331, 332, 420
QMS_2 | 120 | - | 110, 220 | 331, 332, 420
QMS_3 | 130 | - | - | -
QMS_4 | 140 | - | - | -
Qte_1 | 210 | - | 110 | -
Qte_2 | 220 | - | 120 | -
AQMS_1 | 310 | - | - | -
AQMS_3-1 | 331 | - | 332 | 110, 120
AQMS_3-2 | 332 | - | 331 | 110, 120
IFSc_1 | 410 | - | - | -
IFSc_2 | 420 | - | - | 110, 120
BCQMS_1-1 | 511 | 530 | - | -
BCQMS_1-2 | 512 | - | - | -
BCQMS_2-1 | 521 | - | - | -
BCQMS_2-2 | 522 | - | - | -
BCQMS_3 | 530 | 511 | - | -
BCQMS_4 | 540 | - | 600 | -
MRBL | 600 | - | 540 | -
Amph_1 | 710 | - | - | -
Amph_3 | 730 | - | - | -
Dio_1 | 810 | - | - | -
Dio_3 | 830 | - | - | -
OB | 900 | - | - | -

1 Defined as the domain listed being able to use samples from the domains specified under ‘soft boundary’ column.

| 14.3.8 | Estimation Methodology

The 0214 block model and resource estimation were built using Vulcan software version 8.2.1 and finalized in February 2014. There were multiple iterations changing search ranges, number of samples, and the inclusion/exclusion of holes. The final model was estimated in Vulcan, exported to a .csv file, and loading into MineSight for resource evaluation. Table 14-22 details the block model origin and extents.

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Table 14-22: Gil 2014 Block Model Origin and Extents.

| Origin | Block Size (m) | Block Size (ft) | No. of Blocks | Block Offsets
Easting | 325,000 | 6.1 | 20 | 550 | 11,000
Northing | 4,028,000 | 6.1 | 20 | 350 | 7,000
Elevation | 0.0 | 6.1 | 20 | 104 | 2,080

The block model variable ‘domain’ was coded as a three-digit integer using modelled 3D solids and priority coding. The ‘redox’ variable was coded as fresh=3 or oxide=1 based on the oxide surface. Once the block model was constructed, the percent block beneath topo (between 0.0 and 1.0) was coding using the most recent Lidar topography. A script to code ‘lith’ into the blocks was used and was based on the domain variable and a script to code density (st/cf) into the blocks was used based on the domain variable.

A two pass estimation strategy was applied with the highest confidence blocks estimated in pass 1 and the lower confidence blocks in pass 2. Table 14-23 lists the estimation parameters by domain, by pass. All rotation angles, ranges, and sills represent back-transformed data and are in a format used by Vulcan.

For the 11 domains where variography could be completed, the model was estimated using ordinary kriging (OK). Also, each of these domains has a nearest neighbour (NN) and an Au-uncap estimate for validation purposes. For all domains, there was an ID2 estimate. If no estimate for NN or Au-uncap were completed during the OK run, they are completed during the ID2 run. During the estimation, the number of composites, number of holes, nearest distance, average distance, number of octants, and grades are stored in each block if the search restrictions are met. Final gold grade (‘Au’) in the model is coded from a script where the OK value is used if it exists or else the ID2 value is used.

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Table 14-23: Gil 2014 Resource Model Variables.

Domain Name | Domain Code | Vulcan Ellipse Rotation | Vulcan Ellipse Range | Composite | Comps Used | Discret | Nugget
Z | Y’ | X’ | X’ | Y’ | Z’ | Codes Used | Min | Max
PASS 1 |  |  |  |  |  |  |  |  |  |  |  |
AQMS_1 | 310 | 50 | -60 | -90 | 150 | 225 | 80 | 310 | 6 | 20 | 4x4x4 | 0.44
AQMS_2 | 320 | 270 | 0 | -10 | 200 | 150 | 50 | 320 | 3 | 15 | 4x4x4 | N/A
AQMS_3-1 | 331 | 55 | 0 | 20 | 150 | 100 | 50 | 331, 332 | 6 | 15 | 4x4x4 | N/A
AQMS_3-2 | 332 | 55 | 0 | 60 | 200 | 150 | 50 | 331, 332 | 6 | 15 | 4x4x4 | N/A
BQMS- Amph_1 | 511 710 | 127 | 39 | 8 | 250 | 150 | 80 | 511, 710 | 5 | 12 | 4x4x4 | 0.37
BCQMS_1-2 | 512 | 55 | 0 | 10 | 200 | 150 | 50 | 512 | 6 | 15 | 4x4x4 | N/A
BCQMS_2-1 | 521 | 90 | 0 | 60 | 250 | 125 | 100 | 521 | 6 | 15 | 4x4x4 | 0.45
BCQMS_2-2 | 522 | 70 | 20 | -90 | 200 | 125 | 50 | 522 | 5 | 20 | 4x4x4 | 0.4
BQMS-Amph_3 | 530 730 | 140 | 70 | 90 | 200 | 150 | 100 |  | 5 | 20 | 4x4x4 | 0.45
BCQMS_4 | 540 | 330 | -25 | 0 | 300 | 200 | 50 | 540, 640 | 6 | 20 | 4x4x4 | 0.21
IFSc_2 | 420 | 5 | 0 | -10 | 250 | 150 | 60 | 420 | 6 | 15 | 4x4x4 | 0.31
MRBL_4 | 640 | 55 | 0 | 60 | 250 | 150 | 70 | 640 | 3 | 15 | 4x4x4 | N/A
QMS_1-Qte_3 | 110 210 | 120 | 0 | 75 | 150 | 200 | 125 | 110, 120, 130, 140, 210 | 6 | 30 | 4x4x4 | 0.49
QMS_2-Qte_2 | 120 220 | 75 | 0 | 80 | 250 | 100 | 150 | 110, 120, 130, 140, 210 | 6 | 32 | 4x4x4 | 0.51
QMS_3 | 130 | 130 | -50 | 180 | 150 | 150 | 150 | 110, 120, 130, 140 | 6 | 22 | 4x4x4 | 0.38
QMS_4 | 140 | 30 | 0 | 70 | 200 | 225 | 225 | 110, 120, 130, 140 | 6 | 15 | 4x4x4 | 0.49
PASS 2 |  |  |  |  |  |  |  |  |  |  |  |
AQMS_1 | 310 | 50 | -60 | -90 | 175 | 250 | 100 | 310 | 1 | 20 | 4x4x4 | 0.44
AQMS_2 | 320 | 270 | 0 | -10 | 225 | 175 | 75 | 320 | 1 | 15 | 4x4x4 | N/A
AQMS_3-1 | 331 | 55 | 0 | 20 | 150 | 100 | 50 | 331, 332 | 1 | 15 | 4x4x4 | N/A
AQMS_3-2 | 332 | 55 | 0 | 60 | 200 | 150 | 50 | 331, 332 | 1 | 15 | 4x4x4 | N/A
BQMS- Amph_1 | 511 710 | 127 | 39 | 8 | 250 | 150 | 80 | 511, 710 | 1 | 12 | 4x4x4 | 0.37
BCQMS_1-2 | 512 | 55 | 0 | 10 | 200 | 150 | 50 | 512 | 1 | 15 | 4x4x4 | N/A
BCQMS_2-1 | 521 | 90 | 0 | 60 | 250 | 150 | 125 | 521 | 1 | 15 | 4x4x4 | 0.45
BCQMS_2-2 | 522 | 70 | 20 | -90 | 200 | 150 | 75 | 522 | 1 | 20 | 4x4x4 | 0.4
BQMS-Amph_3 | 530 730 | 140 | 70 | 90 | 200 | 150 | 100 | 530, 730 | 1 | 20 | 4x4x4 | 0.45
BCQMS_4 | 540 | 330 | -25 | 0 | 300 | 200 | 50 | 540, 640 | 1 | 20 | 4x4x4 | 0.21
IFSc_2 | 420 | 5 | 0 | -10 | 250 | 175 | 80 | 420 | 1 | 15 | 4x4x4 | 0.31
MRBL_4 | 640 | 55 | 0 | 60 | 250 | 150 | 70 | 640 | 1 | 15 | 4x4x4 | N/A
QMS_1-Qte_3 | 110 210 | 120 | 0 | 75 | 175 | 250 | 150 | 110, 120, 130, 140, 210 | 1 | 30 | 4x4x4 | 0.49
QMS_2-Qte_2 | 120 220 | 75 | 0 | 80 | 275 | 125 | 175 | 110, 120, 130, 140, 210 | 1 | 32 | 4x4x4 | 0.51
QMS_3 | 130 | 130 | -50 | 180 | 200 | 175 | 175 | 110, 120, 130, 140 | 1 | 22 | 4x4x4 | 0.38
QMS_4 | 140 | 30 | 0 | 70 | 250 | 225 | 225 | 110, 120, 130, 140 | 1 | 15 | 4x4x4 | 0.49

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| 14.3.9 | Resource Classification

The resource classification scheme used for the Gil resource estimation uses the average exploration drilling grid spacing and number of holes per block to delineate Indicated and Inferred resources, as well as ‘Other Mineralization’. Since the project has no mining history and the mineralization style is different from the other Kinross project in the district with a reserve (i.e., Fort Knox), no Measured material has been classified. The 2014 block model was classified considering the following criteria:

| · | Indicated (class 2): Blocks with a valid Au grade estimated from two or more drillholes and a NN distance less than or equal to 36.6 m (120 ft);

| · | Inferred (class 3): Blocks with a valid Au grade and a NN distance less than or equal to 36.6 m (120 ft), or blocks with a valid Au grade and a NN distance less than or equal to 68.6 m (225 ft) and has been estimated by two or more hole; and

| · | Other Mineralization (class 4): Blocks with a valid Au grade (greater than or equal to 0.0 g/t).

The range of 36.6 m (120 ft) for Indicated was chosen based on average of the major axis range for all domains at ~80% of the sill.

| 14.3.10 | Resource Validation

The block model was validated using a number of techniques to confirm the assignment of appropriate variables and grade estimation. The validation techniques included:

| · | visual confirmation of block estimates to inform drilling data on plan and sectional views in Vulcan;

| · | comparison to discrete Gaussian change of support analysis; and

| · | creation of swath plots to check for bias (Figure 14-7).

No significant biases or errors were noted.

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Figure 14-7: Gil Swath Plots by Northing, Easting, and Elevation. N.B. Au grade is in opt.

| 14.3.11 | Economic Parameters for Resource Calculation

| 14.3.11.1 | Cutoff Grade

The Resource cutoff grade for Gil of 0.21 g/t gold is derived based on a gold price of US$1,400/oz and production costs of US$5.88/t. The cutoff grade derivation is summarized in Table 14-24.

Table 14-24: Gil Resource Cutoff Calculation.

Area | Units | Gil
Gold Price | US$/oz | 1,400
Gold Price | US$/g | 45.01
Recovery (at cutoff grade) | % | 70
Effective Revenue | US$/g | 31.51
Less Royalty | US$/g | -
Less per g Costs | US$/g | (3.88)
Realized Revenue | US$/g | 27.63
Costs to Produce | US$/t | 5.88
Cutoff (in place) | g/t | 0.21
Dilution | % | 0
Resource Cutoff Grade | g/t | 0.21

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

| 14.3.11.2 | Pit Shell Parameters

An economic pit shell generated with cost assumptions, metallurgical recoveries, geological and geotechnical considerations was created using MineSight software, which uses the Lerchs-Grossman (LG) algorithm to define blocks that can be mined at a profit. The program then creates an economic shell based on the following information:

| · | Economic assumptions, including reserve price and consumables;

| · | Production assumptions (production rate, mining dilution and recovery, and process recovery rates);

| · | Mining costs;

| · | Processing costs, including rehandling and process costs;

| · | Other operating costs (General & Administrative costs, refining/sales costs, royalties, reclamation cost);

| · | Sustaining capital costs;

| · | Cutoff grade;

| · | Average overall slope;

| · | Starting topography; and

| · | Geologic grade model with gold grades, density, and lithology

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

| 15 | MINERAL RESERVE ESTIMATE

The Proven and Probable Mineral Reserves as of December 31, 2017 are shown in Table 15-1.

The Mineral Reserves consist of Measured (Proven) and Indicated (Probable) blocks above a cutoff grade of 0.10 g/t gold contained between the December 31, 2017 surface and the ultimate pit design, which in turn was constructed around a Lerchs-Grossmann (LG) pit shell. The Mineral Reserve for the Fort Knox deposit was estimated using the EOY 2017 resource model. Only Measured and Indicated blocks were used to create the LG shell. Inferred blocks are assumed as waste and only waste mining costs were applied in the block valuation. No dilution or mining loss is applied to above cutoff resource estimates.

Stockpiles included in the reserve estimate include higher grade A ore stockpile destined for mill processing, B ore stockpile used for either mill feed or heap leaching depending on the availability of high grade ore for the mill, and C ore low grade stockpile which principally consists of pre-heap leach facility waste rock and is being rehandled to the heap leach facility for processing. The grade of these stockpiles has been estimated based on the historical grade of all granite, as well as stockpile drilling confirmation.

Table 15-1: Fort Knox Mineral Reserve Estimate Effective December 31, 2017.

Classification | Tonnes (000’s) | Grade (Au g/t) | Ounces (000’s)
Proven | 51,366 | 0.39 | 645
Probable | 230,870 | 0.37 | 2,729
TOTAL | 282,236 | 0.37 | 3,374
Reserve Stockpile | 5,587 | 0.29 | 51

Notes:

| 1. | The above mineral resource estimate is classified in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum’s “CIM Definition Standards - For Mineral Resources and Mineral Reserves" incorporated by reference into National Instrument 43-101 “Standards of Disclosure for Mineral Projects".

| 2. | The cutoff grades are based on a gold price of US$1,200/oz.

| 3. | Proven Reserve includes stockpiles.

| 4. | Mineral Reserves are reported to a cutoff grade of 0.41 g/t Au for A-ore (mill), 0.25 g/t for B-ore (stockpile), and 0.10 g/t for C-ore (leach).

| 5. | The mineral reserve estimates reported in this technical report are different from those reported in Kinross’ year-end mineral reserve and resource statement set out in its news release dated February 14, 2018 and its Annual Information Form dated March 31, 2018. The mineral reserve estimate as at December 31, 2017 for Fort Knox has been updated from that previously reported based on the feasibility study work completed during 2018.

| 15.1 | Basis of Reserve Estimate and Pit Optimization

Economic pit limits were created using Hexagon MineSight 3-D software. MineSight uses the LG algorithm to define blocks that can be mined at a profit. The program then creates an economic shell based on the following information:

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| · | Starting topography

| · | Overall slope angles by geotechnical model code

| · | Metallurgical recoveries by grade and processing destination

| · | Geologic grade model with gold grades and density

| · | Process and mining costs

| · | General and administrative costs

| · | Incremental vertical bench mining cost

| · | Downstream costs, such as gold refining, freight and marketing

| · | Sustaining capital for future equipment replacements

The primary objective of the pit optimization work is to provide the highest possible return from the mineral reserves during the definition of the limits and extraction sequence. An iterative methodology of pit and design optimization incorporates critical economic measures related to impacts on the NPV of the project.

A combination of recent cost data and expected future cost projections are used to generate cost estimates for the pit-limits analysis. The net value for each block was calculated and included in the economic model, based on the costs, gold recoveries and long-term price assumptions. The costs were, in general, split into mining costs (US$/t), processing costs (US$/t) and selling/general and administrative costs (US$/oz) and applied to the economic model. Costs included sustaining capital. The economic model used for evaluating the pit-limits of the Gilmore expansion area only allowed for heap-leach processing financial modelling to be applied, as the CIL mill is not expected to be available at the time of Gilmore pit completion.

The mine operating costs used for pit optimization include major mine equipment capital costs. The mine equipment sustaining capital is used in the economic model to simulate mine capital expenditures when generating the economic pit. An economic shell generated with cost criteria, along with other geotechnical considerations, guides the final pit design.

Mine engineering for the feasibility study began by completing LG runs on the block model using Hexagon MineSight. The LG input parameters are summarized in Table

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15-2. The US$1,200/oz pit shell (hard economic shell) was selected as the final pit shell and used to guide the final pit design.

| 15.2 | Comment on Mineral Reserves

In 2014, SRK conducted a review of the resource model to assess the model’s suitability for pit optimization, design, and resource estimation, and verification of the mineral reserves. The same party also reviewed the mine planning parameters used in the determination of the mineable resource. SRK concluded that:

| · | overall, the mineral resource model is a robust and adequate representation of the informing data;

| · | mineral resource/mineral reserve systems and procedures in place at Fort Knox are adequate and well documented;

| · | overall good metallurgical performance, operating practices, and control of mill facilities and refinery were demonstrated; and

| · | that FGMI currently possesses all the permits and authorizations necessary for all facets of the mining, milling, and heap leach operations.

John Sims, AIPG Certified Professional Geologist, has certified that, to the best of his professional judgment as a QP (as defined under NI 43-101), the Mineral Reserve and Resource estimates have been prepared in compliance with NI 43-101, including the CIM Definition Standards incorporated by reference, and conform to generally accepted mining industry practices.

The results of the economic analysis to support Mineral Reserves represent forward-looking information that is subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those presented here. Areas of uncertainty that may materially affect mineral reserve estimation include:

| · | Commodity price and exchange rate assumptions;

| · | Capital and operating cost estimates; and

| · | Geotechnical slope designs for pit walls.

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Table 15-2: Fort Knox Pit Optimization Parameters.

Parameter | Unit | Value
Au Reserve Price | US$/oz | $1,200
Mining costs |  |
Base Mining Cost (loading + support + other + sustaining CAPEX) | US$/t | 1.158
Ore Haulage Cost at Reference Bench (1750) | US$/t | 0.650
Incremental Ore Haulage Costs per Bench | US$/t | 0.015
Waste Haulage Cost at Reference Bench (1750) | US$/t | 0.790
Incremental Waste Haulage Costs per Bench | US$/t | 0.008
Drill and Blast >= 2140 bench - 20' x 20' spacing | US$/t | 0.253
Drill and Blast >= 2020 bench - 19' x 19' spacing | US$/t | 0.280
Drill and Blast >= 1690 bench - 18' x 18' spacing | US$/t | 0.312
Drill and Blast >= 1120 bench - 16.5' x 16.5' spacing | US$/t | 0.372
Drill and Blast <= 1090 bench - 15' x 15' spacing | US$/t | 0.450
Processing Costs |  |
Heap Leach cost (OPEX + CAPEX) | US$/t ore | 0.859
CIL Mill Cost (OPEX + CAPEX) | US$/t ore | 5.715
Other Cost Assumptions |  |
Tech Services | US$/oz | 12.92
Lab and Refinery Costs | US$/oz | 11.02
G&A Costs | US$/oz | 110.86
Sales Costs/Off-site Refining | US$/oz | 0.90
Metallurgical Recovery |  |
Heap Leach Maximum Ultimate Recovery | % of Au | = (Au – (0.2309 * Au + 0.0005)) / Au Au in opt
CIL Mill Recovery | % of Au | If Au < 0.0165: Rec. % if = 0.0361 * ln(Au) + 0.9808 If 0.0307 < Au <= 0.0165: Rec. % = 0.0142 * ln(Au) + 0.8913 If Au >= 0.0307: Rec. % = -0.02 * ln(Au) + 0.7729
Geotechnical Zone Code |  |
1 Granite | degrees | 49
2 Granite | degrees | 47
3 Granite | degrees | 46
4 Granite | degrees | 25
5 Granite | degrees | 44
6 Granite | degrees | 39
7 Granite | degrees | 42
8 Schist | degrees | 37
9 Schist | degrees | 35
10 Schist | degrees | 32
11 Schist | degrees | 30
12 Schist | degrees | 32
13 Schist | degrees | 40
14 Schist | degrees | 30
15 Schist | degrees | 36
16 Schist | degrees | 25
17 Schist | degrees | 38
18 Schist | degrees | 25
19 Schist | degrees | 1°

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| 16 | MINING METHODS

The Fort Knox Gilmore expansion will be an extension of current operations from 2021 to 2027. The existing operation is a conventional hard-rock open pit using drilling, blasting, loading, hauling and support functions (Figure 16-1). Currently mine operations are moving approximately 63 to 73 million tonnes of material each year, combining productive mining from open pit and rehandle activities. Of this material volume, approximately 13 to 14 million tonnes per year of the best available grade are processed through a CIL mill facility with waste storage in a tailings facility. An additional 9 to 27 million tonnes of lower grade ore are typically processed via heap leach on the Walter Creek heap leach facility. Typical productive mining rates during the Gilmore expansion periods will range from 63 to 75 million tonnes per year.

Mining is currently performed using 9 m (30 ft) benches, which are mined as single benches in schist and in double-bench orientations in granites. Mining rates are determined by calculating the required stripping rate to sustain processing operations over the life of mine plan.

The quantity and type of mining equipment currently at the site was a major component for selecting the mining method for the mine life extension. The current equipment fleet, including necessary equipment retirement replacements, and modest increases in capacity were the basis for costs and productivities used in the economic analysis.

A trade-off study was completed to measure the potential impact of using electric shovels in the Gilmore expansion. No economic benefit was found in switching to electric shovels because the shovel fleet is largely in place, and the large capital costs required for new shovels and supporting infrastructure would not be easily recouped through lower operating costs in the time frame considered. The short bench heights and rapid vertical advance rates employed at Fort Knox are also not seen as being favourable for the use of larger electric shovels.

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Figure 16-1: Excavator and Haul Trucks Working in the Fort Knox Pit.

| 16.1 | Mine Design and Parameters

The ultimate pit is being mined by phases as shown in Figure 16-2. Figure 16-3 shows a cross section with the pre- and post-Gilmore reserve pits. The basis for the final pit design is the economic LG shell generated using MineSight software as described in Section 15. The resulting optimized economic shell does not include access ramps and is not restricted by equipment mining limitations. The final pit design includes these considerations while maintaining as much of the LG shape as is feasible. The mine design is based on key considerations that include:

| · | Compliance with the geotechnical recommendations for slope angle set out by the geotechnical studies;

| · | Minimum allowable mining width (for any substantial sustained distance) of 36.6 m (120 ft) for practical mining with the existing shovel fleet;

| · | Haul road access with two lane widths and a maximum effective grade of 10.5% for operation with the existing fleet;

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

| · | Bench height that is safely manageable with the existing fleet of Hitachi 5500 excavators without substantial support equipment requirements;

| · | Pit exits that are close to material destinations, the stockpiles, waste destinations and the primary crusher location.

Figure 16-2: Fort Knox Mine Phases, Final Pit Design and Site Layout.

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Figure 16-3: Cross section of Fort Knox as of December 31, 2017, showing the current mining surface (black), the pre-Gilmore reserve pit (orange), post-Gilmore reserve pit (green) and post-Gilmore resource pit (yellow)

| 16.1.1 | Geotechnical Considerations

The pit slope angles used in the pit optimization and design (Table 15-2) are based on annual, independent geotechnical reviews by Call & Nicholas, Inc. Overall slope angles and other design parameters vary by sector, as shown in Figure 16-4.

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Figure 16-4: Fort Knox Geotechnical Slope Sectors.

| 16.1.2 | Hydrogeology

Many northwest-striking structures crosscut the pit and limit lateral hydraulic communication. Therefore, effective pit dewatering requires several pumping well locations to provide sufficient dewatering of the structural compartments. Effective drawdown depends on the ability to install wells that intersect localized higher transmissivity structures. The hydrogeology in the Gilmore footprint is well understood, but very complex.

A significant amount of hydrogeologic data have been collected in the Fort Knox West Wall and Gilmore areas, including: 1) hydrogeologic data collection from over 100 boreholes, 2) hydraulic testing of more than 60 boreholes, 3) groundwater elevation and pressure measurements in over 100 locations, 4) observations of long-term

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groundwater response to over 20 dewatering wells, and 5) observations of groundwater response to Phase 7 and Phase 8 mining.

As with past mining phases, a significant general dewatering program will be required to reduce groundwater levels in the mining area and intercept groundwater inflows to active working benches. Groundwater levels in the Gilmore area are currently near surface and require over 150 m of drawdown for each mining phase.

| 16.2 | Production Rates and Life-of-Mine

The Fort Knox mine operates 24 hours per day, 365 days per year. The current life-of-mine (LOM) production schedule is summarized in Figure 16-5 and Table 16-1. The LOM plan is an extension of the current Fort Knox mine life, which was planned for completion in 2021 with the end of the Phase 8 East mining phase. Two new pushbacks have been designed and scheduled for the Gilmore expansion area: Phase 9 and Phase 10. Phase 9 contains approximately 156 million tonnes of ore and waste, while Phase 10 contains approximately 230 million tonnes of ore and waste, for a total 386 million tonnes of additional mining.

Initial mining of Gilmore is planned for 2019 as surplus mining equipment capacity is released from the Phase 8 East mining areas. Mining rates increase significantly in 2021 and 2022 as tonnages mined from Phase 8 East decrease. The mining of ore from Phase 9 roughly corresponds to the commissioning of the new Barnes Creek heap leach facility, which is the planned processing destination for the majority of the ore mined from both Phase 9 and 10. Phase 9 contains significant quantities of ore at shallow depths (Figure 16-6). Some ore mined from Phase 9 in 2019 through 2021 will be processed at the Walter Creek heap leach facility as sufficient capacity would not yet be available at Barnes Creek. Mining of Phase 9 is planned for completion in 2024.

Phase 10 mining is planned to start in 2022 when space and vertical advance constraints restrict the development of the Phase 9 pushback. Phase 10 contains little ore in its higher elevations and will not generate significant ore tonnages until 2025. Phase 10 will be completed in 2027, which represents the end of the extended mine life.

The mill CIL processing facility is planned for closure in 2020, after which Fort Knox will become a 100% heap leaching operation. In post mill closure stage, it is planned that all ore materials will be directly processed without the use of stockpiles. All existing ore stockpiles at Fort Knox are scheduled for placement on the leaching

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facilities before the completion of mining, and as such there is no planned period of stockpile processing at the end of the mine life.

Figure 16-5: Fort Knox Life of Mine Mining and Processing Schedule.

Table 16-1: Fort Knox Life of Mine Plan Production Schedule in Metric Tonnes

Item | Total | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030
Total Mined from Pit (k tonne) | 603,677 | 71,282 | 78,817 | 64,515 | 58,099 | 77,450 | 70,794 | 67,388 | 43,100 | 45,630 | 26,601 |  |  |
Waste (k tonne) | 327,028 | 40,866 | 58,921 | 38,924 | 28,912 | 46,436 | 48,932 | 39,594 | 14,629 | 6,652 | 3,162 |  |  |
Mined to Stockpile (k tonne) | 5,049 | 2,713 | 2,336 |  |  |  |  |  |  |  |  |  |  |
Mine to Mill (k tonne) | 26,487 | 10,671 | 8,996 | 6,820 |  |  |  |  |  |  |  |  |  |
Mine to Leach (k tonne) | 245,113 | 17,032 | 8,564 | 18,772 | 29,187 | 31,013 | 21,862 | 27,794 | 28,471 | 38,978 | 23,439 |  |  |
Stockpile to Mill (k tonne) | 4,728 | 2,540 | 1,595 | 593 |  |  |  |  |  |  |  |  |  |
Stockpile to Leach (k tonne) | 5,908 | 3,395 | 315 | 1,166 | 890 |  |  |  |  |  | 141 |  |  |
Total Mill Feed (k tonne) | 31,215 | 13,212 | 10,591 | 7,413 |  |  |  |  |  |  |  |  |  |
Total Leach Feed (k tonne) | 251,021 | 20,427 | 8,879 | 19,938 | 30,078 | 31,013 | 21,862 | 27,794 | 28,471 | 38,978 | 23,580 |  |  |
Contained Au (koz) | 3,374 | 366 | 290 | 359 | 362 | 260 | 202 | 394 | 374 | 431 | 336 | 0 | 0 | 0
Recovered Au (koz) | 2,674 | 312 | 284 | 263 | 274 | 206 | 159 | 215 | 240 | 242 | 240 | 147 | 62 | 30

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Notes:

| 1. | Only includes overall increase to stockpile amounts for the year. Does not include strategic stockpiles placed and retrieved within the same year.

| 2. | Current plans have the mill closing at the end of 2020.

| 3. | Contained metal in material sent to process during the year.

| 4. | Heap leach processing will continue after material placement is complete to recover residual Au ounces; this will continue until ounces recovered no longer cover the cost of operating the pad.

| 5. | At the time of publication of this Technical Report, near term mine planning is under review to mitigate the effects of a pit wall failure that occurred in March 2018. While the failure may have some impact on the near-term production schedule, it is not expected that there will be any life of mine production impact.

Figure 16-6: Gilmore pushbacks on Section 10,500’ N (section looking north).

| 16.3 | Stripping Requirements

The ultimate pit contains 327 Mt of waste rock yielding a pit strip ratio of 1.18:1 (waste:ore).

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| 16.4 | Mine Equipment

Life of mine major mining equipment projections are summarized in Table 16-2. Most of the equipment is equipped with GPS tracking units. A dispatch system is used for production reporting.

Table 16-2: Projected Primary Mining Fleet Composition.

Year | HIT EX5500 | HIT EX3600 | HIT EX8000 | CAT 994 | CAT 789 | CAT 793
2018 | 3 | 1 |  | 2 | 9 | 25
2019 | 3 | 1 |  | 2 | 9 | 25
2020 | 3 |  |  | 2 | 6 | 25
2021 | 2 |  | 1 | 2 | 4 | 25
2022 | 2 |  | 1 | 2 |  | 27
2023 | 2 |  | 1 | 2 |  | 27
2024 | 2 |  | 1 | 1 |  | 28
2025 | 1 |  | 1 | 1 |  | 24
2026 | 1 |  | 1 | 1 |  | 22
2027 | 1 |  | 1 | 1 |  | 22

| 16.5 | Personnel Requirements

Fort Knox employs roughly 600 employees. Fort Knox operates two shifts, 24 hours per day, 365 days per year.

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| 17 | RECOVERY METHODS

Fort Knox currently operates two ore processing lines: a mill operation consisting of crushing, grinding, agitated cyanide leaching, and a carbon-in-pulp (CIP) circuit; and a run-of-mine valley-fill cyanide heap leaching operation where gold is recovered using two parallel carbon-in-column (CIC) circuits. Gold is recovered from solution by electrowinning and poured into doré bars at the mill refinery. A simplified block flow diagram of the existing process at Fort Knox is shown in Figure 17-1.

The Fort Knox mill facility (Figure 17-2) was constructed in 1995, the first doré produced in December 1996 and commercial production achieved in March 1997. It is planned to cease operation in late 2020 due to the tailings storage facility (TSF) capacity limitation. Thereafter, ore will be place on BCHL, regardless of feed grade, until the end of mine life.

| 17.1 | Milling Methods and Capacity

Higher grade ore from the Fort Knox mine is processed in the CIP mill located near the Fort Knox open pit. The mill processes ore 24 hours per day, 365 days per year at a nominal capacity of 36,287 t/d (40,000 stpd) of fresh feed. The ore is free milling and has a single style of mineralization, yielding consistent recovery which is related to mill feed grade. In recent years, typical recovery has been in the range of 81% to 83%.

The mill includes a primary crusher, a conventional semi-autogenous mill and two ball mills operating in closed-circuit with hydrocyclones to control grind size, gravity concentrators to recover coarse gold, cyanide tank leaching, recovery of gold on activated carbon in the CIP circuit, and a carbon elution and carbon regeneration circuit.

Mill feed is first crushed to minus 20 cm (8 inch) in the open-circuit primary gyratory crusher located near the Fort Knox pit. The crusher is a 1.52x2.59 m (60x102 in) model with a 700 hp motor and is rated to a nominal capacity of 65,317 t/d (72,000 stpd). The crusher product is transferred 800 m using a conveyor belt to a mill feed coarse ore stockpile with capacity for approximately 272,000 t (300,000 st).

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Figure 17-1: Fort Knox Plant Simplified Process Flow Sheet.

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Three reclaim feeders transfer the coarse ore from the stockpile onto a conveyor belt that feeds a semi-autogenous grinding (SAG) mill with dimensions of 10.4x4.6 m (34x15.25 ft) and powered by two 7,000 hp motors. A vibrating screen (one operating, one standby) classifies the SAG discharge stream. The screen oversize stream (pebbles) is conveyed to a 2.13 m (7 ft) short head cone crusher with a 500 hp motor. Crushed pebbles are usually stockpiled and later hauled by trucks to the dump leach. A system of conveyor belts allows the alternative recirculation of the crushed pebbles to the SAG mill, or to bypass the cone crusher and discharge them directly on the stockpile that transfer material to the dump leach. The SAG screen passing discharge stream feeds the secondary grinding stage.

The secondary grinding stage operates with two parallel grinding lines, each line consisting of one ball mill with dimensions 6.1x9.1 m (20x30 ft) powered by a 7,000 hp motor, and operating in closed-circuit with its own hydrocyclone battery.

A fraction of each ball mill discharge stream and of the grinding mill discharge sump are diverted to a coarse gold recovery circuit. The circuit uses Knelson gravity concentrators to produce a gravity concentrate that is leached under high-temperature and high-intensity conditions in an Acacia reactor. Gold is recovered from solution by electrowinning and poured into doré bars at the mill refinery. Tails from the coarse gold recovery circuit are returned to the grinding circuit.

The grinding circuit hydrocyclone overflow stream is passed through four trash screens before it is discharged into a pre-leach thickener and re-slurried with process water. The slurry discharged by the pre-leach thickener is pumped to a seven-stage agitated leaching tanks (94,000 gallons each) where it is contacted with cyanide solution. Slurry from the leach tanks flows to a series of CIP tanks where the dissolved gold is adsorbed onto activated carbon contained in the slurry. Periodically the carbon in each tank is transferred counter-current to the slurry flow until the carbon reaches its maximum gold loading, then it is removed to the gold elution circuit. In the elution circuit, the gold is stripped from carbon using hot, caustic solution, which is then circulated though electrowinning cells to precipitate the gold, and then refined to gold doré bars. After stripping, carbon is reactivated and returned to the CIP circuit. The CIP tails stream passes through a carbon safety screens before being transferred to the detoxification stage. Detoxed tailings are transferred to the tailings storage facility.

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Figure 17-2: Fort Knox Mill Complex Site Plan.

| 17.2 | Heap Leach Facilities

Fort Knox currently operates a valley-fill, run-of-mine heap leach, the Walter Creek Heap Leach (WCHL) pad. Material is dumped throughout the year with occasional stops when there is too much snow. However, irrigation of the heap is maintained year-round using buried piping and dripper systems. The heap was created by covering the valley ground surface with an impermeable synthetic liner. Run-of-mine ore from the pit and existing stockpiles is hauled uphill, and with addition of lime, is dumped onto existing leach cells in 15 m (50 ft) lifts. Due to variable cell geometry, the tonnes of ore loaded on each cell can vary significantly and the duration of leaching on each cell may be variable. The newly loaded cell surface is prepared with a bulldozer and then irrigation piping and drippers are used to apply the leaching solution. In the heap leach operation, irrigation of the heap with cyanide solution extracts gold from the ore into solution. The solution is captured within the 416 ML heap reservoir, and is pumped at a fixed rate to the mill to be processed in two parallel carbon-in-column (CIC) circuits with a combined capacity of 61,000 L/m (16,000 gpm).

In the near future, a new heap leach pad, Barnes Creek Heap Leach (BCHL) pad, will be constructed and operated in manner similar to WCHL. The BCHL will be a valley-fill heap leach pad with an in-heap solution storage pond. The BCHL will extend up the valley from the existing Barnes Creek conveyor causeway.

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| 17.3 | Heap Leach Operations

In the heap leach operation, irrigation of the heap with cyanide solution extracts gold from the ore into solution. The existing Walter Creek Heap Leach (WCHL) leach pad will continue to operate in series with the new Barnes Creek Heap Leach (BCHL) pad (see Figure 16-2 for locations). Barren solution will be pumped to the top of WCHL and the WCHL lean pregnant solution will be pumped to the top of BCHL. The pregnant solution from BCHL will be processed through both existing CIC circuits. The process is generally the same as the current process used at the existing Fort Knox operation. Gold is extracted to activated carbon and periodically stripped. Gold is recovered from the strip solution by electrowinning and refined into doré bars at the mill refinery. Leached tailings would remain on the ROM leach pad after the operation. A high-level block flow diagram is shown in Figure 17-3. The years of stacking onto each pad will be dependent on the mine plan. Especially during ramp up and rinsing periods, flows to the heap leach pads and CICs will be adjusted accordingly.

Figure 17-3: Block flow diagram for Gilmore Project Processing.

| 17.4 | Power, Water, and Process Material Requirements

| 17.4.1.1 | Electric Power

Near term power consumption is driven primarily by the mill, with the site power forecast ranging from approximately 300,000 MWh per year in 2018 to 200,000 MWh

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per year in 2020. After mill closure from 2021 onwards, the power requirement will be approximately 80,000 to 90,000 MWh per year, based on heap leach and CIC operations.

| 17.4.1.2 | Water

The extended mine life with Gilmore will use sources of fresh, fire, potable and process water from current operations. Additional water will come from the tailings storage facility (TSF) and will be added as “make up” water in the barren tanks of the CIC plants. Annual water consumption is approximately 5.7 Mm3.

| 17.4.1.3 | Cyanide

The cyanide concentration used in the heap leach pads is 0.15 kg/solution tonne (0.3 lb/ton). The initial solution to Walter Creek will have this concentration, and a second addition point between Walter Creek and Barnes Creek will maintain the solution concentration at 0.15 kg/solution tonne. Cyanide is brought to site in a dry form, in approximately 1,000 kg (2,205 lb) crates. These crates arrive in sealed containers and are stored in a dry and secure area that is under surveillance.

Based on historical data, the cyanide consumption is expected to be similar to 2017 levels, averaging 0.033 kg/ solution tonne (0.065 lb/ton). When BCHL is operational, cyanide consumption is expected to increase slightly.

| 17.4.1.4 | Lime

Lime is used in the run-of-mine ore leach system for pH control. The lime specification is 90 to 100% CaOH. The dry lime is delivered by truck and trailer to the mine site and pneumatically transferred into a silo. Lime is fed from the silo into a weigh hopper by a conveyor. The weigh hopper discharges the lime directly into each ore truck hauling ore to the ROM leach pad.

Based on historical data, lime consumption is expected to average 0.33 kg/tonne (0.65 lb/ton).

| 17.4.1.5 | Carbon

Carbon is processed in the carbon strip facility, where loaded carbon is pumped to a loaded carbon holding tank and then to the existing Fort Knox desorption facilities. Barren carbon is regenerated before being pumped back to the last carbon column of the CIC circuits.

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Calgon (DG-11 series) carbon is currently used. Future carbon consumption is expected to be similar to 2017 levels, averaging 0.0014 kg of carbon per tonne of solution processed (0.0028 lbs/ton).

| 17.4.1.6 | Antiscalant and Liquid Scale Inhibitor

Antiscalant agents are used to prevent the build-up of scale in the process solution and heap irrigation lines. The antiscalants Chemtreat 2515 and 5105 are used in the heap leach process.

Chemtreat 2515 is pumped directly in the barren solution to mitigate scaling in the barren lines and drip emitters. The 2515 is delivered by tractor-trailer and the rate is approximately 114 L (30 gallons) per day.

Chemtreat 5105 is used during the stripping process to prevent scaling of the heat exchanger plates. The 5105 product is delivered to site in totes and is added at a rate of approximately 38 L (10 gallons) per strip.

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| 18 | PROJECT INFRASTRUCTURE

| 18.1 | Roads and Pipelines

The private Fish Creek Road provides access to the property from the state highway (Figure 5-1, Figure 18-1).

The major pipelines on the site are for dewatering, freshwater, heap leach, decant, and seepage reclaim. Depending on operations, the pipelines have been reconfigured to serve operational requirements. Internal operations and maintenance programs ensure the integrity of all lines.

| 18.2 | Dumps, Stockpiles, and Heap Leach

Currently, four waste dumps on surface surrounding the northern and eastern pit rim are planned, along with one in-pit waste dump, which is scheduled for use after the completion of the Phase 8 East pushback (Figure 16-2). Two of the surficial waste dumps are placed on top of portions of the tailings storage facility, and are restricted in the timing of their use by the operation of the CIL Mill and tailings storage facility operations. The current mine schedule generates 327 million tonnes of waste materials. Total storage capacity of the currently designed waste dumps is 425 million tonnes. This excess capacity allows for optimization of haulage requirements by providing options for waste disposal location.

There are three types of stockpiles at Fort Knox:

| · | An “A” grade ore stockpile adjacent to the mill, which is a high grade stockpile for material with a grade higher than 0.41 g/t Au. This stockpile is used to buffer CIL Mill production during the first three years of the mine schedule. It is expected to be exhausted before mill shutdown and will not be used after that point.

| · | A “B” grade ore stockpile which grades between 0.25 and 0.41 g/t Au. This stockpile is also used as a back-up source of CIL Mill feed. It is expected that the majority of this stockpile will be milled, and the remainder after mill closure will be rehandled onto the leach pads as equipment availability allows.

| · | A “C” grade stockpile which primarily consists of historical waste materials that carry sufficient grade to provide economic benefit when leached. These

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stockpiles are in the footprint of the Barnes Creek heap leach facility, and are scheduled for rehandle as a part of construction.

The Walter Creek heap leach pad is located in the upper end of the Walter Creek drainage, immediately upstream of the tailings storage facility (Figure 18-1). The new Barnes Creek heap leach will be located immediately north of the Fort Knox pit. These facilities can process a total of 263 million tonnes of ore, effective January 1, 2018 (73 million tonnes on Walter Creek, 190 million tonnes on Barnes Creek).

| 18.3 | Tailings Disposal

The permitted area of the tailings impoundment encompasses approximately 630 ha (1,556 ac) including areas of tailings material deposition, the tailings embankment 49 ha (121 ac), and the interceptor well system below the embankment. The final placement of tailings material is projected to cover approximately 395 ha (976 ac).

The Tailings Storage Facility (TSF) dam is approximately 1,338 m long and 107 m tall at the crest. It impounds all of the tailings generated by the mill. The TSF and the mill form a closed system for process water. Water used in the mill is pumped from the decant pond and process water that has had the cyanide level reduced to low levels is returned to the decant pond in the tailings slurry.

The original design capacity of the TSF was for approximately 190 million dry tonnes (210 million dry st). With the identification of additional milling reserves, a 16 m (52 ft) modified centreline raise to the original TSF embankment was approved to increase the capacity of the TSF to approximately 271 million dry tonnes (299 million dry st) which accommodates mill production to 2020.

An 8.2 m (27 ft) raise was completed during 2011, and 3.4 m (25 ft) was completed in 2014. The remaining 4.3 m (14 ft) raise was completed in 2015. Once completed, the dam will be constructed to its design height of 469 masl. An additional 0.9 m (3 ft) of camber on the engineered fill (seal zone) and 1.8 m (6 ft) of frost protection will bring the elevation to 472 masl.

Generally, tailings are deposited along the perimeter of the impoundment. Tailings decant water accumulates in the northeast corner of the TSF and is recycled to the mill; the TSF is operated as a zero discharge facility.

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Figure 18-1: Fort Knox Project Infrastructure.

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The TSF includes the following infrastructure:

| · | Tailings Discharge Line. Three, 61 cm (24 in) diameter, HDPE, tailings discharge lines, each designed to handle 45,359 t/d (50,000 stpd) of solids, have been installed to carry tailing material from the mill to the impoundment.

| · | Barge and Pipeline. A floating barge located in the northeast corner of the tailings pond is used to pump water from the tailings pond to the mill. The barge is equipped with four, 400 hp pumps pumping at approximately 33,690 L/m (8,900 gpm), as needed.

| · | Seepage Collection System. The seepage moves through the fractured bedrock and is captured by a large lined sump at the downstream toe of the tailings dam. An interceptor system consisting of a series of drains and wells is designed to capture any seepage that is not captured by the sump to maintain the zero discharge status of the facility. Further details are in Section 20.1.2.

| 18.4 | Water Supply

The fresh water supply reservoir (WSR) provides make-up water to the Mill and Barge Pond and is located on Fish Creek approximately three miles below the tailings impoundment. The WSR infrastructure includes the dam, causeway, and spillway complex, and encompasses approximately 70 ha (173 ac).

The fresh water pump house houses the infrastructure that pumps make-up water from the reservoir to the Barge Pond and mill. Three are two lines one for each destination. The make-up water is used for the beneficiation process of the gold ore.

| 18.5 | Power Supply

The Fort Knox monthly electrical power requirement currently ranges between 32 and 35 Mw, and is expected to decline post mill closure. There is a power line extending from the Golden Valley Electric Association (GVEA) substation at Gold Hill to the Fort Knox site, a distance of approximately 47 km.

| 18.6 | Buildings and Equipment Areas

Buildings on site include:

| · | Mill complex (including administration offices)

| · | CIP and CIC tanks

| · | Administration and security building

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| · | Maintenance facility and warehouse

| · | Primary crusher & control office

| · | Core logging facility

| · | Truck wash

| · | Fresh water pump house (on reservoir)

| · | Powder Mag Storage area

| · | Cold Storage and Laydown

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| 19 | MARKET STUDIES AND CONTRACTS

Kinross typically establishes refining agreements with third-parties for refining of doré. Kinross’s bullion is sold on the spot market or as doré, by marketing experts retained in-house by Kinross. The terms contained within the refining contracts and sales contracts are typical and consistent with standard industry practice, and are similar to contracts for the supply of bullion and doré elsewhere in the world.

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| 20 | ENVIRONMENTAL STUDIES, PERMITTING, AND SOCIAL OR COMMUNITY IMPACT

| 20.1 | Environmental Management

FGMI established an Environmental Management System during initial permitting in 1994 that has been superseded by an Environmental, Health, and Safety System (EHSS). The EHSS comprises 18 comprehensive environmental management plans to manage, monitor, and maintain process components site wide, including:

| · | Environmental Management Plan;

| · | Emergency Response Plan;

| · | Solid Waste Management Plan;

| · | Dam Emergency Action Plan;

| · | Water Balance;

| · | Tailings Dam Operation and Maintenance Manual;

| · | Water Dam Operation and Maintenance Manual;

| · | Heap Leach Operation and Maintenance Manual;

| · | Reclamation and Closure Plan; and

| · | Mine Monitoring Plan.

A comprehensive environmental obligations register is maintained to track environmental permits, plans, and regulatory obligations. The register provides a tool for Fort Knox environmental management to ensure compliance with environmental obligations relating to permit conditions, agreement commitments, and regulatory and internal requirements.

SRK visited Fort Knox in 2011 as part of a State of Alaska Department of Natural Resources (ADNR) required Environmental Audit (SRK, 2012). SRK confirmed the implementation of the environmental management plans and further integration with the health and safety provisions of the broader EHSS. The audit noted that the basis of the management plans were found to be consistently implemented and that policies were understood and supported by all levels of management. The next major independent audit is scheduled for 2018 as specified by the Plan of Operations Amendment Approval (Alaska Department of Natural Resources, 2014).

In addition to ADNR required audits, Kinross internal environmental audits are conducted biennially to ensure Fort Knox is managing its environmental

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responsibilities in a regulatory and internally acceptable manner. The comprehensive internal audits review the mine’s environmental program with respect to permit, regulatory, and corporate requirements. The last internal audit occurred in 2015 and found that the environmental program was in compliance with its environmental obligations. The next internal audit is scheduled for 2019.

Operations at the True North site ceased in 2004, and the site underwent demolition and removal of facilities, re-contouring of waste rock facilities, seeding and final reclamation. The True North annual inspection by the ADNR performed in October 2012 concluded that all major earthwork and reclamation was complete, and FGMI could continue with post-closure monitoring and maintenance (FGMI, 2013). Although operational and environmental plans addressing transportation and noise monitoring are no longer necessary and have been discontinued, FGMI still maintains environmental management plans and a list of compliance responsibilities within the EHSS. The 2012 Environmental Audit by SRK found that surface reclamation has been successful and that the monitoring of water quality should continue (SRK, 2012).

| 20.1.1 | Tailings Disposal

| 20.1.1.1 | Overview

The Tailings Storage Facility (TSF) is designed and operated according to the Guidelines for Cooperation with the Alaska Dam Safety Program (Alaska Department of Natural Resources, 2005). The Tailings Dam Operation and Maintenance Manual has been developed in accordance with these guidelines, along with the Alaska Department of Environmental Conservation’s monitoring requirements.

The Tailings Dam Operation and Maintenance Manual is subject to a rigorous review and audit process and is updated on an annual basis. The Manual includes the specification of various inspections. Outside of the Operation and Maintenance inspection requirements there are rigorous construction inspections and a QA/QC program required by the State and Kinross’ internal guidance.

| 20.1.1.2 | Tailings Dam Operation and Maintenance Manual

The Tailings Dam Operation and Maintenance Manual addresses three types of inspections:

| · | Routine Inspections;

| · | Extraordinary Inspections; and

| · | Periodic Safety Inspections

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Routine inspections are related to day-to-day operations and operator familiarity with normal operations. They provide an early warning of developing issues that have the potential to affect dam safety. Routine inspections include water balance updates, water levels and deposition surveys, pipeline integrity checks, and seepage monitoring. Routine inspections are completed by mill operators, survey department environmental technicians, environmental engineers, and consultants as required, and are recorded, reviewed, and archived.

Extraordinary inspections are initiated when an event occurs that has the potential to cause a problem or indicates that a problem may be developing, i.e., an earthquake, higher than normal precipitation, or unusual or irregular instrumentation readings. The frequency and duration of the extraordinary inspections is dictated by the event. Depending on the severity of the situation the Emergency Action Plan may be activated.

Periodic Safety Inspections (PSI) are performed by the Engineer of Record and are a triennial requirement of the Alaska Dam Safety Program. The TSF dam at Fort Knox is designated as a Class II barrier according to the State of Alaska’s Dam Safety Program hazard potential classification system. However, the TSF dam is conservatively designed and built to State of Alaska Class I barrier standards (the highest hazard potential classification). The PSI is a comprehensive review of the dam and appurtenances, with the specific intent of determining potential problems that could lead to a dam failure. Current performance parameters are reviewed and updated accordingly. New performance parameters may be initiated as a result of the PSI. The historical PSI reports are used as a comparison to the current inspection and to verify that any recommendations were followed.

| 20.1.1.3 | QA/QC Program and Construction Inspections

Outside of the Operation and Maintenance inspection requirements there are rigorous construction inspections and a QA/QC program required by the State and Kinross’ internal guidance. These are conducted by the Engineer of Record, third-party contractors, and FGMI, and include the following reviews and inspections:

| · | Quarterly Instrumentation Reviews;

| · | Annual TSF Dam Inspections;

| · | Internal Triennial Third-Party TSF Dam Reviews;

| · | Construction Completion Reports;

| · | Failure Modes and Effects Analysis;

| · | Engineering Risk Assessment;

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| · | Dam Break Analysis; and

| · | Table Top Exercises

Quarterly instrumentation reviews are conducted by the Engineer of Record to review and provide interpretation of the geotechnical and hydraulic instrumentation records for the TSF. The quarterly instrumentation review reports are provided to the Alaska Dam Safety Program. FGMI recently subscribed to a web-based data collection site, and the instrumentation data are entered and immediately available for review by the Engineer of Record.

Annual TSF dam inspections are conducted by the Engineer of Record and includes: a visual of inspection of the dam; review and evaluation of routine inspection and maintenance records; dam management processes; and other information pertinent to the operation and performance of the TSF dam. The inspection report is provided to the Alaska Dam Safety Program, as required by the Certificate of Approval to Operate the Dam.

Kinross internal triennial TSF dam reviews are conducted by an independent consultant with vast knowledge and experience in dam construction and operations. The review is all inclusive of the design, operation, and management of the TSF and dam. The most recent internal third-party review was conducted in September 2016 by LSB Consulting Services. LSB identified four primary review conclusions, which included 14 recommendations. To date, FGMI has completed nine of the recommendations and work is currently underway on the remaining five. Future dam reviews will be completed by an independent four-member panel.

Construction completion reports are developed by the Engineer of Record from daily onsite inspections and the dam raise construction activities QA/QC program. These construction completion reports are provided to the Alaska Dam Safety Program as required by the Certificate of Approval to Modify the TSF dam.

A Failure Modes and Effects Analysis (a technical risk assessment) was required by the May 8, 2014 Revised Certificate of Approval to Modify a Dam (Alaska Department of Natural Resources, 2014). It was completed in April 2015 by third party consultants (SRK Consulting, Tetra Tech, and Robertson GeoConsultants), Alaska Department of Natural Resources, Alaska Department of Environmental Conservation, KP, and Kinross personnel. The next technical risk assessment will be performed in 2019 assessing the closure configuration of the dam. The last two Failure Modes and Effects Analysis were performed during the initial permitting of Fort Knox and in 2015 for the dam raise from 472.4 masl to 474.6 masl.

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An internal Engineering Risk Assessment (ERA) was conducted in 2009 and indicated that potential failure modes associated with the TSF dam were found to have low risk rankings due to their extremely low probability of occurrence. The ERA was provided to ADNR before the issuance of the January 26, 2011 Certificate of Approval to Modify a Dam, which authorized the 15.85 m dam raise to 469.4 masl, which was completed in 2015.

A TSF dam break analysis will be completed by KP in 2018. The last TSF dam break analysis was performed in 2010 by SRK. The 2010 analysis concluded that all structures that are within the inundation limits for the hypothetical dam breach are also within the limits of the FEMA designated 100 year and 500 year flood plains for the affected streams and rivers. Additionally, it was concluded that the majority of solids released from the TSF would likely be deposited before the floodwater would reach the confluence of Fish Creek and the Little Chena River.

| 20.1.2 | Seepage Interception System

The TSF dam is designed for seepage to pass beneath the dam in fractured bedrock. The seepage is captured by the pump-back system and the interceptor system. The pump-back system includes a pump-back sump together with a pumping and piping system designed to return the seepage to the TSF. The interceptor system is a series of interceptor wells developed just downstream of the dam.

Most of the seepage passing beneath the dam feeds into a large lined sump where water from the pump-back system and interceptor system is pumped back to the decant pond. Any seepage not captured directly by the pump-back system is captured by the interceptor wells. These wells form a hydraulic barrier preventing any seepage from migrating further downstream and assuring the TSF operates as a zero discharge facility.

A line of groundwater monitoring wells located immediately downstream of the interception system are monitored to insure that no process water is escaping the system and moving downstream. The water quality in the seepage interception system reflects both natural groundwater and tailings seepage quality.

Monthly and quarterly monitoring of the system’s groundwater is conducted for observing and determining the system’s performance. The groundwater monitoring wells are monitored quarterly in compliance with Waste Management Permit 2014DB0002 Modification 1 and the reports are provided to the agencies.

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| 20.1.3 | Site Monitoring

The Fort Knox mine Monitoring Plan outlines comprehensive monitoring requirements for the site, including the TSF, the heap leach, the pit lake (at closure), the stream corridor/wetlands and the water supply reservoir. The monitoring plan includes:

| · | Water quality sampling procedures and analytical profiles and sampling schedules;

| · | Characterization of acid rock drainage and processed tailings;

| · | Monitoring of inert solid waste landfills;

| · | Potable water monitoring requirements;

| · | Wildlife mortality reporting procedures;

| · | Documentation, record keeping and reporting requirements; and

| · | Quality assurance/quality control manual.

The Waste Management Permit 2014DB0002 Modification 1 stipulates that FGMI conduct geochemical monitoring to ensure that there is a low potential for the production of leachate that is acidic or contains levels of metals that would contaminate surface or groundwater. The mediums to be monitored are overburden, development rock, and ROM ore placed on the Walter Creek heap leach facility and tailings samples from the Fort Knox mill.

FGMI analyzes quarterly testing of tailings solids, low grade (heap leach) ore, and topsoil (overburden) for meteoric water mobility procedure testing and acid base accounting.

| 20.1.4 | Water Management

| 20.1.4.1 | Decant Water

Water is used to slurry tailings which is discharged to the tailings impoundment by gravity flow or pumping. The water accumulates in the North Pond, South Pond and Barge Pond where it is ultimately pumped back to the mill for reuse in the processing of ore.

| 20.1.4.2 | Seepage Water

The seepage flow regime through the engineered filter zones and along the geosynthetic lined toe drain is collected in a geosynthetic lined sump at the toe of the dam. The seepage that combines with groundwater and migrates around the primary

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collection zone is captured down gradient by a series of twelve interceptor wells and the 501 drain. See section 20.1.2 for details.

| 20.1.4.3 | Stormwater Runoff

A Stormwater Pollution Prevention Plan is in place and is updated as required. FGMI actively and effectively manages stormwater runoff by establishing and maintaining control structures (i.e., brush berms, rock check dams, velocity reducing structures, stilling basins) along access and service roads.

| 20.1.5 | Hazardous Waste Management

Kinross has been signatory to the International Cyanide Management Code for the Manufacture, Transport, and Use of Cyanide in the Production of Gold (Cyanide Code) since 2005.

The Cyanide Code’s development occurred in the early 2000s and it was implemented in 2005 for safe and responsible management of cyanide by an international multi-stakeholder committee under the auspices of the United Nations Environment Program (UNEP) and is administered by the International Cyanide Management Institute (ICMI). As a signatory company, Kinross is required to meet the Code’s Principles and Standards of Practice criteria, which is verified by strict independent third-party auditing.

Fort Knox achieved initial certification in February 2008, and received recertification in September 2011 and February 2015. The 2018 recertification audit was performed in March 2018. Fort Knox certification summary audit reports may be found at http://www.cyanidecode.org.

FGMI is a Small Quantity Generator under the Resource Conservation and Recovery Act (RCRA), and ships limited quantities of hazardous wastes off site to a permitted treatment, storage and disposal facility. As such, FGMI maintains a Hazardous Materials Registration (Reg. No: 052615 551 079XZ) with the U.S. Department of Transportation. As a Small Quantity Generator, FGMI generates between 100 and 1,000 kg of hazardous waste per month and is required to comply with the RCRA regulations in U.S. Title 40, Code of Federal Regulations.

| 20.1.6 | Air Quality Management

The Fort Knox mine is authorized to operate under two air quality permits (Title I Air Quality Control Minor Permit AQ0053MSS04 and Title V Air Quality Control Operating

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Permit AQ0053TVP03) for stationary sources issued by the Alaska Department of Environmental Conservation (ADEC) – Division of Air Quality, Air Permits Program.

The Title I minor permit regulates gaseous (sulphur compounds, nitrogen compounds, visible, and fugitive) emissions. The air permits require a variety of parameters to be collected such as differential pressure drops across baghouses, opacity from emission units and fugitive dust, fuel deliveries and usage, sulphur content, and hours of operation. In addition, source testing is required for stationery sources (such as baghouses and the carbon regeneration kiln), to verify the source is operating correctly. FGMI also submits an estimate of particulate matter 10m or less in diameter, oxides of nitrogen, oxides of sulphur, and carbon monoxide. Fort Knox’s minor air quality permit does not require source testing unless an opacity test fails.

The Title V operating permit regulates mercury emissions from two activated carbon bed adsorption vessels that control exhaust gases from the carbon regeneration kiln, five electrowinning cells, and refining furnace. The air permit requires a variety of parameters to be collected such as carbon adsorber inlet gas-stream temperatures, hours of operation, carbon monitoring, and concentrate weights. Annual source testing is required and results are submitted to EPA and ADEC within 60 days of the source test.

FGMI submits compliance reports for both air permits with the required information every six months to the Division of Air Quality. A Title V permit compliance certification report is submitted annually to the Division of Air Quality and EPA.

| 20.1.7 | Solid Waste Management

A Solid Waste Management Plan is in place as part of the EHSS. Solid wastes at the site are managed under Waste Management Permit 2014DB0002 Modification 1, which covers disposal of mine waste to the TSF, inert solid waste landfill facilities, the Walter Creek heap leach facility, the open pit mine, and groundwater and surface water monitoring systems at the Fort Knox mine.

A large number of solid waste materials are sent offsite for recycling, significantly reducing the quantities of waste to be managed onsite. The majority of non-hazardous incidental waste that cannot be recycled is shipped offsite for proper disposal. In addition, some quantities of non-hazardous wastes are placed in permitted facilities within the waste rock dumps or burned with ADEC authorized methods.

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| 20.2 | Permitting

All requisite permits have been obtained for mining of the existing Fort Knox open pit mine and are in good standing in all material respects (Table 20-1). Current expansion projects for waste rock and heap leach were approved by the necessary agencies in 2014. Approval for the Barnes Creek Heap Leach Facility construction and Certificate of Approval to Construct a Dam was received May 2017 and July 2017, respectively. Pit expansion projects related to the Gilmore property were approved in Quarter 1 2018.

Fort Knox operates under Plan of Operations F20079852, last amended in March 2014, and effective until March 2019. The Plan of Operations authorizes activities upon state lands encompassed by Amended and Restated Millsite Lease, Uplands Mining Lease, and certain private lands. The Plan of Operations contains general, project-specific, and standard stipulations for environmental protection, monitoring, reporting, and reclamation and closure.

Table 20-1: Key Operating Permits and Environmental Assessments.

AGENCY | PERMIT # | DESCRIPTION | DATE ISSUED | EXPIRATION/ RENEWAL DUE
EPA | AKR000002352 | RCRA Small Quantity Generator | 1/26/2012 | No Expiration Date – Notification is status changes
EPA, Region 10 | Facility # 12779 | UIC Class V Closure Plan (Facility #12779) at the Fort Knox Mine | 8/21/2006 | No Expiration Date
FCC | WPRW650 | Radio Station Authorization | 6/14/2011 | 3/2/2021
FCC | WPSH854 | Radio Station Authorization | 6/14/2011 | 5/2/2021
Nuclear Regulatory Commission | 50-29098-01 | Radio Active Materials License | 7/12/2011 | 12/31/2021
Bureau Of Alcohol, Tobacco, Firearms and Explosives | 9-AK-090-22-5A-12031 | Federal Explosives License / Permit | 8/25/2015 | 1/1/2018 In process by BATFE
US Dept of Transportation & Public Safety | 0526155510079XZ | Hazardous Materials Certificate of Registration Year(s) 2015 to 2018 | 5/26/2015 | 6/30/2018
Corps of Engineers Fort Knox Mine Environmental Assessment | N/A | Fort Knox Environmental Assessment for the Initial ACOE permitting process | 8/1993 | Life of the Project
BLM | Authorization Letter | Casual Use Letter authorizing to conduct surface and groundwater monitoring on Gilmore lands | 1/19/2018 | 1/31/2021

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AGENCY | PERMIT # | DESCRIPTION | DATE ISSUED | EXPIRATION/ RENEWAL DUE
Corps of Engineers | POA-1992-574-M19 | Fish Creek TSF Dam Raise | 3/4/2011 | 4/30/2021
Corps of Engineers | POA-1992-574-M24 | Fill into 2 acres of wetlands for expansion of the Yellow Pup Waste Rock Dump | 5/2/2014 | 4/30/2021
Corps of Engineers | POA-1992-574-M25 | Mechanical clearing of 10.4 acres of a borrow source and filling 0.85-acre of wetlands for construction of an access road. | 7/2/2014 | 4/30/2021
Corps of Engineers | POA-1992-574-M26 | Authorization of a time extension for POA-1992-574 (M19, M24, and M25) | 4/8/2016 | 4/30/2021
ADEC - APDES | AKR06AB17 | MSGP Industrial Storm Water Discharge Monitoring – Fort Knox | 4/1/2015 | 3/31/2020
ADEC - APDES | AKR06AB39 | MSGP Industrial Storm Water Discharge Monitoring – Gil Exploration Site | 4/1/2015 | 3/31/2020
ADEC - APDES | AKR06AB18 | MSGP Industrial Storm Water Discharge Monitoring – True North | 4/1/2015 | 3/31/2020
ADEC - APDES | AKR06AB19 | MSGP Industrial Storm Water Discharge Monitoring – Gilmore Exploration Site | 4/1/2015 | 3/31/2020
ADEC - APDES | AK0053643 Minor Modification 1 | Wastewater Discharge Authorization Program for Fort Knox Mine Facility | 7/28/2017 | 9/30/2017 Renewal application submitted 3/14/2017
ADEC | AQ0053MSS04 | Title 1 Air Quality Control Minor Permit | 12/17/2012 | No Expiration Date
ADEC | AQ0053TVP03 | Title V Air Quality Control Operating Permit | 5/31/2017 | 5/31/2022
ADEC | 2014-DB0002 Modification 1 | Waste Management Permit for Fort Knox Mine | 5/26/2017 | 3/27/2019
ADEC Drinking Water Program Office | PWSID: 314093 Source ID: WL001 | New Well & Water Softener Class: Non-Transient Non-Community (NTNC), Class A; Source: Groundwater | 3/4/2009 | No Expiration Date
ADEC Drinking Water Program Office | ID #AK2314093 | Sanitary Survey Fort Knox Drinking Water | 12/18/2015 | 12/31/2020
ADEC Drinking Water Program Office | PWSID #AK2314093 | Fort Knox Priority Measures Plan (PMP) Biennial Update Compliance Certification | 12/18/2017 | 12/31/2019
ADEC Division of Air Quality | AQ0053TVP03 | Final Title V Operating Permit for FGMI | 5/31/2017 | 5/31/2022
ADEC Division of Water, Wastewater Discharge Program | File No. 104.45.002 | Ft. Knox Mine-ALPM Maintenance Shop Septic System Final Approval to Operate | 12/1/2009 | No Expiration Date

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AGENCY | PERMIT # | DESCRIPTION | DATE ISSUED | EXPIRATION/ RENEWAL DUE
ADEC Division of Water, Wastewater Discharge Program | File No. 104.45.001 | Ft. Knox Gold Mine-Replacement Leachfield, Two New Standard Manholes, Final Approval to Operate | 1/19/2007 | No Expiration Date
Dept Of Fish & Game | FG93-III-0202 | Fish Habitat Permit Solo Creek Culvert | 2/15/1994 | Upon Third Party Transfer
Dept Of Fish & Game | FG99-III-0097, 0098, 0099, 0100, 0101 | Fish Habitat Permit Wetlands Channel #1, #2, #3, #4, #5 | 5/14/1999, 5/15/1999, 6/1/99,6/9/99 | Upon Closure of Mine
Dept Of Fish & Game | FH14-III-0026 | Fish Habitat Permit Fish Creek, Nugget Creek, APMA 9156 | 2/24/2014 | 12/31/2018
ADNR | ADL 414960 ADL 414961 | Second Amendment to Millsite Lease ADL 414960 & 414961 | 6/1/2011 | Mine Life
ADNR | LAS 13988 | Certificate of Appropriation Fish Creek for Mining, Milling, Heap Leach 5,245 acre-feet/year Priority date 12/11/1992 | 12/21/2011 | No Expiration Date
ADNR | LAS 13987 | Water Right - Certificate of Appropriation Interceptor Wells for Mining and Milling 724 acre-feet/year Priority date 12/11/1992 | 4/22/2015 | No Expiration Date
ADNR | LAS 13986 | Water Right - Certificate of Appropriation Fish Creek for Freshwater Reservoir impoundment for Mining and Milling 5,350 acre-feet/year Fish Creek for Mining and Milling 456.57 acre-feet/year Priority date 12/11/1992 | 11/22/2017 | No Expiration Date
ADNR | LAS 21760 | Water Right - Certificate of Appropriation Dewatering Well Field 1,600 acre-feet/year Priority date 2/3/1998 | 11/14/2015 | No Expiration Date
ADNR | LAS 28161 | Permit to Appropriate Water TSF & HL for Mining, Milling, and Heap Leach 13,255 acre-feet/year Priority date 7/20/2010 | 12/28/2017 | 12/27/2027
ADNR | LAS 28160 | Permit to Appropriate Water Drilled wells for Mining and Milling 3,000 acre-feet/year Priority date 7/20/2010 | 8/24/2017 | 8/23/2027
ADNR | LAS 28158 | Permit to Appropriate Water Dewatering Wells for Mining and Milling 4,043 acre-feet/year Priority date 7/20/2010 | 8/24/2017 | 8/23/2027
ADNR | AK00211 | Certificate of Approval to Operate a Dam (Fort Knox Water Dam) | 12/24/2015 | 9/16/2019

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AGENCY | PERMIT # | DESCRIPTION | DATE ISSUED | EXPIRATION/ RENEWAL DUE
ANDR | AK00310 | Certificate of Approval To Operate a Dam (Walter Creek Heap Leach Pad Dam) | 2/28/2018 | 8/5/2018
ADNR | AK00310 | Certificate of Approval to Modify a Dam (Walter Creek Heap Leach Pad Dam) | 11/8/2017 | Through Stage 10
ADNR | AK00212 | Certificate of Approval To Operate a Dam (Fort Knox Tailings Dam) | 6/22/2017 | 9/23/2018
ADNR | AK00315 | Certificate of Approval to Construct a Dam (Barnes Creek Heap Leach Pad Dam | 7/19/2017 | Stage 2 Completion
ADNR | ADL 47229 | Modified Lease Certificate – Fish Creek | 2/15/1994 | 2/15/2019
ADNR | ADL 535408 | Fort Knox Upland Mining Lease | 2/15/2014 | 2/14/2034
ADNR | ADL 414960 ADL 414961 | Fort Knox Millsite Permit | 2/15/1994 | Mine Life
ADNR | ADL 414960 & 414961 Addendum | Amended and Restated Millsite Lease | 7/3/2007 | Mine Life
ADNR | F20149852 | Final Plan of Operations Amendment Approval | 3/28/2014 | 3/27/2019
ADNR | Plan of Operations Amendment | Re-routing segment of Fish Creek Road powerline & clearing of a 43-acre area to the N & E of topsoil stockpile for a sub-base material source | 4/7/2011 | Mine Life
ADNR | Plan of Operations Amendment | Carbon-in-Column Plant #2 Construction Approval | 5/7/2012 | Mine Life
ADNR | Plan of Operations Amendment | 2015 Fuel Island Relocation | 6/24/2015 | Mine Life
ADNR | Plan of Operations Amendment | Plan of Operation Modification - Carbon in Column Plan #2 Construction amendment and design details approved | 7/3/2012 | Mine Life
ADNR | Plan of Operations Amendment | Plan of Operation Modification - Proposed Growth Media Stockpile (West of YP WRD) Approval | 9/10/2012 | Mine Life
ADNR | F20149852RCP.1 | Barnes Creek Heap Leach Construction | 5/26/2017 | Mine Life
ADNR | F20149852RCP.2 | Reclamation & Closure Plan Approval | 1/26/2018 | 3/28/2019
ADNR | F20149852POO.4 | Clearing & Grubbing for Filter and Seal Material | 4/13/2016 | Mine Life
ADNR | F20149852POO.5 | Install Light Duty Vehicle Spur Road for Fish Creek Road | 5/12/2016 | Mine Life
ADNR | F20144952POO.7 | 2017 Drill Pad Construction for Monitoring Wells | 4/4/2017 | Mine Life
ADNR | F20149852POO.6 | Heap Leach Expressway | 1/26/2017 | Mine Life
ADNR | F20149852POO.8 | 2018 Powder Magazine Relocation | 11/20/2017 | Mine Life
ADNR | F20149852POO.9 | Phase 9 Pit Expansion & Fish Creek East Waste Rock Expansion | 1/26/2018 | Mine Life
ADNR | F20149852POO.10 | Gilmore Powerline Trail Replacement | 3/14/2018 | Mine Life

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AGENCY | PERMIT # | DESCRIPTION | DATE ISSUED | EXPIRATION/ RENEWAL DUE
ADNR | F20149852POO.11 | Clearing & Grubbing for Subbase Material and Re-establishing Light Duty Vehicle Spur Road for Fish Creek Road | 4/4/2018 | Mine Life
ADNR | ADL 528271 | In the name of Melba Creek Mining, Inc. lease renewed until August 31, 2019 | 8/31/2009 | 8/31/2019
ADNR | ADL 415405 | Land Use Permit Fish Creek And Fairbanks Creek Road Right Of Way | 3/7/1996 | Mine Life
ADNR | APMA 9736 | Miscellaneous Land Use Permit for Hardrock Exploration Permit #9736 | 4/30/2014 | 12/31/2018
ADNR | APMA 9156 | Miscellaneous Land Use Permit for Hardrock Exploration Permit #9156 – Gil | 4/15/2015 | 12/31/2019
ADNR | ADL 419213 | TSF Jetty Pipeline Road & Re-Alignment of Portion of Fish Creek Road | 4/14/2011 | Mine Life
ADNR – Division Of Forestry | 96494 | Fort Knox Burn Pit Permit (no permit needed from 9/1 – 3/31) | 4/4/2017 | 8/31/2017
Dept. of Public Safety | N/A | Life And Fire Safety Plan Check | 6/29/1999 | Construction Approval Archived
Dept. of Public Safety | N/A | Tank Installation Plan Review | 1/31/2014 | Construction Approval Archived
Dept Of Labor | SEE FILES | Certificate Of Inspection For Fired And Unfired Pressure Vessel | See Files 9/7/2011 | As Required
Dept Of Labor | EIN 061325565 | Employer Identification | 9/1991 | Mine Life
Dept Of Labor | BL 1011245 | Business License | 10/10/2016 | 12/31/2018
Dept of Revenue | 100051 | FGMI Mining License | 5/1/2017 | 4/30/2018
Dept of Revenue | 99110 | Melba Creek Mining License | 5/1/2016 | 4/30/2017 Renewal Submitted
FNSB | NA | FNSB Floodplain Permit | 4/28/1994 | NA
FNSB | CUO13-94 | Conditional Use Permit (Tailing Disposal) | 3/1/1994 | NA
FNSB | CUO14-94 | Conditional Use Permit (Solid Waste Landfill) | 3/1/1994 | NA
FNSB | 12441 | Zoning Permit | 4/21/1994 | NA

| 1. | Agency abbreviations:

ADEC – Alaska Department of Environmental Conservation;

ADEC-APDES – Alaska Department of Environmental Conservation, Division of Water, Alaska Pollutant Discharge Elimination System Program;

ADNR – Alaska Department of Natural Resources

BLM – Bureau of Land Management;

EPA – Environmental Protection Agency;

FCC – Federal Communications Commission; and

FNSB – Fairbanks North Star Borough.

| 2. | State extension until renewal of MSGP 2015

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| 20.3 | Social and Community Requirements

Alaska’s political climate is relatively stable and the state has a long history of resource development. The large-scale metal mining industry is relatively young with only five large-scale operating mines; the oldest of which was first operational in 1989.

Public perception polling completed in 2014 showed that mining in Alaska is considered important by 4 out of 5 Alaskans (84%). The ranking in Alaska’s interior was the highest; 97% considered mining to be an important part of Alaska’s economy. Overall, the mining industry is viewed favourably.

| 20.4 | Mine Closure Requirements and Costs

FGMI maintains a reclamation and closure plan, which outlines comprehensive closure plans and cost estimates (FGMI, 2013).

FGMI's long-term goals for reclamation performed during and after mining and milling operations are to contour, stabilize, and revegetate disturbed areas in order to return the land to a safe, stable and productive condition. FGMI is contouring and stabilizing disturbed areas to create ground conditions that promote vegetation development and provide conditions for colonization by native species. Native grass species available commercially are used for rapid soil stabilization.

The objectives of the reclamation and closure plan (FGMI, 2013) are:

| 1. | Stabilization and protection of soil materials from wind and water erosion.

| 2. | Stabilization of steep slopes through contouring to provide rounded land forms with erosion control.

| 3. | Establishment of long-term, self-sustaining vegetation communities conducive to natural invasion and succession.

| 20.4.1 | Water Management

The goal of the water management plan will be to protect designated use standards in the receiving water. The strategy is based on model predictions, and as such, it will be subject to review and refinement during the closure period as actual conditions become known. The closure water management plan covers both receiving water and mine site surface water.

| 20.4.2 | Tailings Storage Facility

During mining, the tailings impoundment water is not discharged; the mill recycles water from the tailings impoundment for reuse in the beneficiation process. After

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mining, milling and heap leaching activities cease, a spillway will be constructed. When the water meets discharge standards, the TSF spillway will convey seasonal surface water runoff to Fish Creek. The TSF will continue to be operated as a zero discharge facility until the heap leach facility is successfully closed. The tailings impoundment is an unlined facility. Process solution that passes through the bottom of the tailings impoundment is transported with groundwater flow downstream. In addition, water passing through the rock fill of the tailings dam encounters the filter zone of the engineered core, which transports it down to the highly fractured bedrock beneath the dam.

The currently proposed reclamation approach by FGMI uses characteristics of both standard industry approaches to tailings reclamation, and includes areas of open water, wetland boundaries, and dry upland covered areas. Excess water from the south pond will be conveyed to the north ponds in order to stabilize the overall water balance of the facility. Ultimately, as allowed by the final water quality in the impoundment, excess water will be discharged via an engineered spillway into the rehabilitated Fish Creek.

| 20.4.3 | Seepage Interception System

The water quality in the seepage interception system reflects both natural groundwater and tailings seepage quality. Water quality modelling indicates that development of a tailings beach, will reduce the rate of seepage from the tailings. Seepage water quality is predicted to further improve in the initial period following cessation of operations. The seepage interception system will continue to operate, and the seepage water will be pumped to the Barge Pond or the reverse osmosis treatment plant (currently under construction) until water quality standards have been met.

If during the initial closure period water quality trends indicate discontinuation of seepage collection could affect designated uses in the water supply reservoir, passive treatment alternatives will be evaluated.

Closure of the seepage collection system will include:

| · | Discontinuation of pumping from the seepage collection gallery and wells.

| · | Removal of pumps, piping, and surface structures for salvage or disposal.

| · | Plugging and decommission of the seepage collection wells.

| · | Puncture the sump liner at frequencies and locations that will accommodate the maximum discharge at closure and long term seepage estimates.

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| 20.4.4 | Pit Lake

After mining ceases, the pit will initially create a hydraulic sink (Schlumberger Water Services, 2011). The pit will fill up relatively quickly at the beginning of closure due to the volume of water pumped from the Barge Pond and rinse water from the heap leach pad. Once the pit lake has reached the final elevation of 448 m (1470 ft), the level of tailings will be higher than the pit lake water elevation and the water will flow through the fractured bedrock and under the TSF.

Treatment alternatives have been evaluated for implementation during the initial years of pit filling to aid in controlling potentially elevated metals concentrations in the pit lake resulting from tailings decant/seepage water addition.

| 20.4.5 | Heap Leach Pad and Waste Dumps

The proposed method of closure for the Fort Knox heap leach is based on site-specific conditions, facility design, currently available testwork, and the technical analyses completed as part of closure planning. The supporting data and concepts for the closure of the heap leach is provided in Fort Knox Reclamation and Closure Plan November 2013 for the Walter Creek Heap Leach Facility (Water Management Consultants, 2006).

The reclamation of the heap and waste dumps follows standard industry practice with regrading, cover placement (as necessary), and revegetation. The key factor for consideration will be the quality of runoff and seepage from these facilities, which will contribute to the overall water quality of the TSF post closure. A consolidated growth media balance is presented in the reclamation plan.

| 20.4.6 | Water Supply Reservoir, Solo Creek Causeway and Gil Causeway

FGMI will leave the water supply reservoir and Solo Creek causeway in place to allow for the long-term use (and maintenance) as a recreational lake and wetland area. Following reclamation and closure of the project process components, the dam, access road and Solo Creek Causeway will be maintained according to the terms defined in the Agreement for Funding Post-Reclamation Obligations between FGMI, ADNR and ADF&G (FGMI, 2013). The Gil Causeway will be breached to allow the free movement of fish from the main lake body into upper reaches of the lake and Last Chance Creek.

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The lake will not be available for public use until final reclamation and a period of post-closure monitoring (approximately ten years) is complete and the area is transferred to the State.

| 20.4.7 | Waste Rock Dumps

Upon cessation of mining at Fort Knox, the waste rock dumps will contain approximately 466 Mt (514 Mst) of waste rock. The area calculated for financial assurance is based on current life-of-mine plans. The current Standardized Reclamation Cost Estimator model estimates that there will be a surface area of 453 ha (1,120 ac) of waste rock dumps requiring reclamation. Reclamation of waste rock dumps will be initiated once that they are no longer required for waste rock disposal. FGMI will concurrently reclaim inactive dumps that will not be subject to future disturbance. Based on the current mining schedule, concurrent reclamation of waste rock dumps is scheduled to begin in 2021.

Reclamation of the waste rock dumps will entail recontouring and growth media placement. The crests of the waste rock dumps will be rounded with material pushed outward to establish a slope of approximately 2.5H:1V or flatter (face angle calculations uses a final slope of 3H:1V). Large boulders that are uncovered during sloping may be left on the surface to provide topographic diversity, microhabitats for wildlife and vegetation, and to break the linear appearance of the final slope. Growth media will be placed at a depth that will promote successful revegetation, defined as verifying that there is 70% cover three years after the last application of seed and fertilizer.

When final sloping, contouring, and growth media placement (if required) have been completed, waste rock dumps will be ripped along the contour. Contour ripping will reduce the erosion potential by reducing smooth slope length with the series of furrows created that will also increase infiltration. Ripping on the contour will provide micro-habitats for increased moisture retention and seed germination. Brush berms and/or sedimentation berms will be constructed at the toe of dumps where feasible.

Waste rock dumps will be revegetated following completion of earthwork. Due to the rocky, irregular nature of the final slopes, broadcast-seeding methods will be used.

| 20.4.8 | Buildings and Equipment Sites

Buildings remaining at Fort Knox when production ceases will include the mill building, portable office buildings, truck shop, warehouse, and various other buildings. As facility components of the site are decommissioned, materials, equipment, and some

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buildings will be removed. Currently, the buildings planned for removal include the tailings barge, tailings seepage building, primary crusher, belt conveyor/drive tower, bulk fuel, and the water reclaim freshwater pump house and heap leach structures all of which are accounted for in the face angle estimate. The majority of the buildings and structures are located within FGMI surface ownership boundaries. Equipment, and piping not needed for the reclamation and monitoring process will be used at another mining site, sold, salvaged, or disposed of in an approved manner. Past experience indicates that most equipment will be either used at other facilities or sold. The remaining buildings will be left in place and put to alternate uses that have yet to be determined.

| 20.4.9 | Reclamation Costs

Kinross estimates the net present value of future cash outflows for site restoration costs at Fort Knox and True North under International Financial Reporting Standards (“IFRS”), International Accounting Standard 37 (“IAS 37”) and International Financial Reporting Interpretation Committee 1 (“IFRIC 1”) for the year ended December 31, 2017, at approximately US$104.1 million. Kinross currently has posted approximately US$98.1 million of letters of credit to various regulatory agencies in connection with its closure obligations at Fort Knox and True North.

The Alaska Department of Environmental Conservation apportionable amount of financial assurance is US$98.1 million of this amount US$58.9 million includes direct costs, mobilization/demobilization and US$39.2 million as indirect costs.

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| 21 | CAPITAL AND OPERATING COSTS

| 21.1 | Capital Costs

Capital costs for the Gilmore expansion and life-of-mine (LOM) sustaining capital are summarized in Table 21-1 and Table 21-2, respectively.

Table 21-1: Fort Knox Initial Capital Cost Summary (US$ x 1,000).

Initial Capital Cost | Equipment/ Infrastructure | Mine Development | Total
Surface | 19,081 | 82,229 | 101,309
Processing | 58,786 | - | 58,786
Total | 77,867 | 82,229 | 160,096

Table 21-2: Fort Knox Sustaining Capital Cost Summary (US$ x 1,000).

Sustaining Capital Cost | Equipment/ Infrastructure | Mine Development | Other | Total
Surface | 128,164 | 343,585 | - | 471,749
Processing | 99,585 | - | - | 99,585
Other | 850 | - | 4,500 | 5,350
Total | 228,599 | 343,585 | 4,500 | 576,684

| 21.2 | Operating Costs

Operating costs are tracked and well understood. Total LOM operating costs and 2017 target cost per tonne are summarized in Table 21-3.

Table 21-3: Fort Knox Operating Cost Summary (US$ x 1,000).

Operating Costs | US$ LOM | Unit Cost
Mining (incl. Capitalized Stripping) | 1,322,148 | 2.191
Milling Cost | 202,495 | 6.492
Heap Leach Cost | 360,665 | 1.443
G&A | 325,494 | 25,0384
Total | 2,210,802 |

| 1. | $/tonne mined

| 2. | $/tonne milled

| 3. | $/tonne stacked

| 4. | LOM average yearly G&A

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| 22 | ECONOMIC ANALYSIS

Under NI 43-101 rules, a producing issuer may exclude the information required for Item 22 – Economic Analysis on properties currently in production, unless the Technical Report prepared by the issuer includes a material expansion of current production. Kinross is a producing issuer, the Fort Knox mine is currently in production, and a material expansion of production is not included in the current LOM plans. Kinross has carried out an economic analysis of Fort Knox using the estimates presented in this report and confirms that the outcome is a positive cash flow that supports the statement of Mineral Reserves.

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| 23 | ADJACENT PROPERTIES

No reliance was placed on any information from adjacent properties in the estimation and preparation of the resources and reserves reported in this Technical Report. Adjacent properties are therefore not deemed material to this report.

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| 24 | OTHER RELEVANT DATA AND INFORMATION

No additional information or explanation is necessary to make this Technical Report understandable and not misleading.

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| 25 | INTERPRETATION AND CONCLUSIONS

Kinross views Fort Knox as a valuable asset in a favourable jurisdiction. With the Gilmore expansion, the Fort Knox mine life has been extended to 2027.

Kinross is confident in the assessment presented in this Technical Report. However, the Fort Knox asset is subject to many risks including, but not limited to: commodity price assumptions (particularly relative movement of gold and oil prices), unanticipated inflation of capital or operating costs, significant changes in equipment productivities, geotechnical assumptions in pit designs, ore dilution or loss, throughput and recovery rate assumptions, availability of financing and changes in modelled taxes.

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| 26 | RECOMMENDATIONS

There are no recommendations at this time as Fort Knox is a fully operational mine.

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

| 27 | REFERENCES

Alaska Department of Natural Resources, 2005. Guidelines for Cooperation with the Alaska Dam Safety Program. Division of Mining, Land and Water, Water Resources Section, Dam Safety and Construction Unit.

Alaska Department of Natural Resources, 2014. Fort Knox Mine: Plan of Operations Amendment Approval No. F20149852POO. Division of Mining, Land and Water, Fairbanks.

Bakke, A., 1995. The Fort Knox 'pophyry' gold deposit - Structurally controlled stockwork and shear quartz vein, sulphide-poor mineralization hosted by a Late Cretaceous pluton, east-central Alaska. Canadian Institute of Mining, Metallurgy, and Petroleum, Special Volume 46, 795-803.

Blum, J., 1982. The Petrology, Geochemistry, and Isotope Geochronology of the Gilmore Dome and San Pedro Dome Plutons, Fairbanks District, Alaska. Unpublished M.S. Thesis, University of Alaska Fairbanks, 1-107.

Bundtzen, T., 1981. The Geology and Mineral Deposits of the Kantishna Hills, Mt. McKinley Quadrangle, Alaska. Unpublished M.S. Thesis, University of Alaska Fairbanks, 1-237.

Bundtzen, T., and Laird, C., 2010. Preliminary Geologic Map and Interpretive Cross Sections of the Gil Project, Interior Alaska. Map. [ca. 1:3,000]. Unpublished.

Bundtzen, T., Laird, C., and Nichols, L., 2014. Geologic Map of the Gil Project Area, Interior Alaska Fairbanks Mining District, Alaska. Map. [ca. 1:6,000]. Unpublished.

FGMI (Fairbanks Gold Mining Inc.), 2013. Fort Knox Mine Reclamation and Closure Plan.

Hall, M., 1985. Structural Geology of the Fairbanks Mining District, Central Alaska. Unpublished M.S. Thesis, University of Alaska Fairbanks, 1-68.

Hart, C., 2005. Classifying, Distinguishing and Exploring for Intrusion-Related Gold Systems. The Gangue MDD Newsletter, Issue 87, 1, 4-9.

Heiner, L.A. and Wolff, E.N., 1968. Final report - mineral resources of northern Alaska: University of Alaska Mineral Industry Research Laboratory Report No. 16. University of Alaska Mineral Industry Research Laboratory.

McCoy, D.T., Newberry, R.J., Layer, P.W., DiMarchi, J.J., Bakke, Arne, Masterman, J.S., and Minehane, D.L., 1997. Plutonic-related gold deposits of Interior Alaska. Economic Geology, Monograph, 9, 191-241.

Mineral Resources Development, Inc., 1991. Fort Knox Gold Project Fairbanks, Alaska Reserve Study Volume 1.

Mineral Resources Development, Inc., 1999. Fort Knox Mine- A Study of Reconciliation and Sampling Issues.

Newberry, R. B., 1996. Preliminary Geologic Map of the Fairbanks Mining District, Alaska. State of Alaska Department of Natural Resources, Division of Geological & Geophysical Surveys.

Robert, F. B., 2007. Models and Exploration Methods for Major Gold Deposit Types, Ore Deposits and Exploration Technology, Paper 48. (B. Milkereit, Ed.) Proceedings of Exploration 07, pp. 691-71.

Robinson, M. S., 1990. Bedrock Geology of the Fairbanks Mining District. Alaska Division of Geological and Geophysical Surveys, Professional Report 106.

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Schlumberger Water Services., 2011. Fort Knox Mine Tailings Facility Closure Management. Denver, Colorado.

SRK Consulting (U.S.), Inc., 2012. Environmental Compliance and Management Systems Audit: Fort Knox and True North Mines.

Water Management Consultants, 2006. Fort Knox Mine Closure Management Plan for Proposed Heap Leach Facility. Denver, Colorado.

Wilson, D., 2013. Gil-Sourdough Data Verification Results.

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

| 28 | DATE AND SIGNATURE PAGE

The effective date of this Technical Report entitled “Kinross Gold Corporation, Fort Knox mine, Fairbanks North Star Borough, Alaska, USA, NI 43-101 Technical Report” is June 11, 2018.

“Signed and sealed”

John Sims, AIPG Certified Professional Geologist

June 11, 2018

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Appendix A – Complete Listing of State Mining Claims

Case ID | Claim Name | Registered Owners | Grant Date | Expiry Date | Interest
76385 | KILLER BEAR #1 | Melba Creek Mining, Inc. | 1976-07-03 | 2018-11-30 | Owned
76386 | GOOD SIGHT | Melba Creek Mining, Inc. | 1976-07-04 | 2018-11-30 | Owned
305117 | Yellow Pup # 1 | Melba Creek Mining, Inc. | 1971-06-15 | 2018-11-30 | Owned
305118 | Yellow Pup # 2 | Melba Creek Mining, Inc. | 1976-09-26 | 2018-11-30 | Owned
305119 | Yellow Pup # 3 | Melba Creek Mining, Inc. | 1977-07-18 | 2018-11-30 | Owned
305120 | Yellow Pup # 4 | Melba Creek Mining, Inc. | 1977-07-18 | 2018-11-30 | Owned
305121 | Yellow Pup # 5 | Melba Creek Mining, Inc. | 1977-07-18 | 2018-11-30 | Owned
305122 | Yellow Pup # 6 | Melba Creek Mining, Inc. | 1977-07-18 | 2018-11-30 | Owned
305123 | Yellow Pup # 7 | Melba Creek Mining, Inc. | 1977-07-18 | 2018-11-30 | Owned
305124 | Yellow Pup # 8 | Melba Creek Mining, Inc. | 1977-07-18 | 2018-11-30 | Owned
305125 | Yellow Pup # 9 | Melba Creek Mining, Inc. | 1977-07-18 | 2018-11-30 | Owned
305126 | Yellow Pup #10 | Melba Creek Mining, Inc. | 1977-07-18 | 2018-11-30 | Owned
305127 | Yellow Pup #11 | Melba Creek Mining, Inc. | 1977-07-18 | 2018-11-30 | Owned
305128 | Yellow Pup #12 | Melba Creek Mining, Inc. | 1977-07-18 | 2018-11-30 | Owned
313280 | Beauty Spot | Melba Creek Mining, Inc. | 1960-06-21 | 2018-11-30 | Owned
313281 | Lucky Dog | Melba Creek Mining, Inc. | 1960-06-21 | 2018-11-30 | Owned
313282 | Bob #1 | Melba Creek Mining, Inc. | 1975-09-19 | 2018-11-30 | Owned
313319 | Pearl Cr. Claim #1 | Melba Creek Mining, Inc. | 1979-10-04 | 2018-11-30 | Owned
314026 | Duffy No. 2 | Daniel Peter Eagan | 1980-01-21 | 2018-11-30 | Leased
314027 | Duffy No. 3 | Daniel Peter Eagan | 1980-01-21 | 2018-11-30 | Leased
314572 | MARS ASSOCIATION | Margaret B. Eagan | 1979-11-14 | 2018-11-30 | Leased
315221 | LUCKY AMY | Fairbanks Gold Mining, Inc. | 1979-11-15 | 2018-11-30 | Owned
319073 | Yellow Pup #13 | Melba Creek Mining, Inc. | 1980-05-10 | 2018-11-30 | Owned
319074 | Yellow Pup #14 | Melba Creek Mining, Inc. | 1980-05-10 | 2018-11-30 | Owned
319076 | Yellow Pup #17 | Melba Creek Mining, Inc. | 1980-05-10 | 2018-11-30 | Owned
319077 | Yellow Pup #18 | Melba Creek Mining, Inc. | 1980-05-10 | 2018-11-30 | Owned
321078 | Fort Knox # 3 | Melba Creek Mining, Inc. | 1980-05-24 | 2018-11-30 | Owned
321079 | Fort Knox # 4 | Melba Creek Mining, Inc. | 1980-05-24 | 2018-11-30 | Owned
321085 | Fort Knox #10 | Melba Creek Mining, Inc. | 1980-05-29 | 2018-11-30 | Owned
321158 | M & B Mining Co. # 13 | Melba Creek Mining, Inc. | 1980-09-18 | 2018-11-30 | Owned
321159 | M & B Mining Co. # 14 | Melba Creek Mining, Inc. | 1980-09-18 | 2018-11-30 | Owned
321160 | M & B Mining Co. # 15 | Melba Creek Mining, Inc. | 1980-09-18 | 2018-11-30 | Owned
321161 | M & B Mining Co. # 16 | Melba Creek Mining, Inc. | 1980-09-18 | 2018-11-30 | Owned
321162 | M & B Mining Co. # 17 | Melba Creek Mining, Inc. | 1980-09-18 | 2018-11-30 | Owned
321163 | M & B Mining Co. # 18 | Melba Creek Mining, Inc. | 1980-09-18 | 2018-11-30 | Owned
321164 | M & B Mining Co. # 19 | Melba Creek Mining, Inc. | 1980-09-19 | 2018-11-30 | Owned
321165 | M & B Mining Co. # 20 | Melba Creek Mining, Inc. | 1980-09-19 | 2018-11-30 | Owned
321166 | M & B Mining Co. # 21 | Melba Creek Mining, Inc. | 1980-09-19 | 2018-11-30 | Owned
321167 | M & B Mining Co. # 22 | Melba Creek Mining, Inc. | 1980-09-19 | 2018-11-30 | Owned
321168 | M & B Mining Co. # 25 | Melba Creek Mining, Inc. | 1980-09-19 | 2018-11-30 | Owned
321169 | M & B Mining Co. # 26 | Melba Creek Mining, Inc. | 1980-09-19 | 2018-11-30 | Owned
321170 | M & B Mining Co. # 27 | Melba Creek Mining, Inc. | 1980-09-19 | 2018-11-30 | Owned
321171 | M & B Mining Co. # 28 | Melba Creek Mining, Inc. | 1980-09-19 | 2018-11-30 | Owned
321172 | M & B Mining Co. # 29 | Melba Creek Mining, Inc. | 1980-09-19 | 2018-11-30 | Owned
321173 | M & B Mining Co. # 30 | Melba Creek Mining, Inc. | 1980-09-19 | 2018-11-30 | Owned
321174 | M & B Mining Co. # 31 | Melba Creek Mining, Inc. | 1980-09-19 | 2018-11-30 | Owned
321175 | M & B Mining Co. # 32 | Melba Creek Mining, Inc. | 1980-09-19 | 2018-11-30 | Owned
321176 | M & B Mining Co. # 35 | Melba Creek Mining, Inc. | 1980-09-19 | 2018-11-30 | Owned
321177 | M & B Mining Co. # 36 | Melba Creek Mining, Inc. | 1980-09-19 | 2018-11-30 | Owned
321178 | M & B Mining Co. # 37 | Melba Creek Mining, Inc. | 1980-09-19 | 2018-11-30 | Owned
322298 | GIL # 499 | Melba Creek Mining, Inc. | 1980-08-15 | 2018-11-30 | Owned
322299 | GIL # 500 | Melba Creek Mining, Inc. | 1980-08-15 | 2018-11-30 | Owned
322300 | GIL # 501 | Melba Creek Mining, Inc. | 1980-08-15 | 2018-11-30 | Owned
322301 | GIL # 502 | Melba Creek Mining, Inc. | 1980-08-18 | 2018-11-30 | Owned
322302 | GIL # 503 | Melba Creek Mining, Inc. | 1980-08-18 | 2018-11-30 | Owned
322303 | GIL # 504 | Melba Creek Mining, Inc. | 1980-08-18 | 2018-11-30 | Owned
322304 | GIL # 505 | Melba Creek Mining, Inc. | 1980-08-18 | 2018-11-30 | Owned

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Case ID | Claim Name | Registered Owners | Grant Date | Expiry Date | Interest
322305 | GIL # 506 | Melba Creek Mining, Inc. | 1980-08-18 | 2018-11-30 | Owned
322306 | GIL # 596 | Melba Creek Mining, Inc. | 1980-09-21 | 2018-11-30 | Owned
322307 | GIL # 597 | Melba Creek Mining, Inc. | 1980-08-15 | 2018-11-30 | Owned
322308 | GIL # 598 | Melba Creek Mining, Inc. | 1980-08-15 | 2018-11-30 | Owned
322309 | GIL # 599 | Melba Creek Mining, Inc. | 1980-08-15 | 2018-11-30 | Owned
322310 | GIL # 600 | Melba Creek Mining, Inc. | 1980-08-15 | 2018-11-30 | Owned
322311 | GIL # 601 | Melba Creek Mining, Inc. | 1980-08-15 | 2018-11-30 | Owned
322312 | GIL # 602 | Melba Creek Mining, Inc. | 1980-08-18 | 2018-11-30 | Owned
322313 | GIL # 603 | Melba Creek Mining, Inc. | 1980-08-18 | 2018-11-30 | Owned
322314 | GIL # 604 | Melba Creek Mining, Inc. | 1980-08-18 | 2018-11-30 | Owned
322315 | GIL # 605 | Melba Creek Mining, Inc. | 1980-08-18 | 2018-11-30 | Owned
322316 | GIL # 606 | Melba Creek Mining, Inc. | 1980-08-18 | 2018-11-30 | Owned
322317 | GIL # 696 | Melba Creek Mining, Inc. | 1980-08-15 | 2018-11-30 | Owned
322318 | GIL # 697 | Melba Creek Mining, Inc. | 1980-08-15 | 2018-11-30 | Owned
322319 | GIL # 698 | Melba Creek Mining, Inc. | 1980-08-15 | 2018-11-30 | Owned
322320 | GIL # 699 | Melba Creek Mining, Inc. | 1980-08-15 | 2018-11-30 | Owned
322321 | GIL # 700 | Melba Creek Mining, Inc. | 1980-08-15 | 2018-11-30 | Owned
322322 | GIL # 701 | Melba Creek Mining, Inc. | 1980-08-15 | 2018-11-30 | Owned
322323 | GIL # 702 | Melba Creek Mining, Inc. | 1980-08-19 | 2018-11-30 | Owned
322324 | GIL # 703 | Melba Creek Mining, Inc. | 1980-08-19 | 2018-11-30 | Owned
322325 | GIL # 704 | Melba Creek Mining, Inc. | 1980-08-19 | 2018-11-30 | Owned
322326 | GIL # 705 | Melba Creek Mining, Inc. | 1980-08-19 | 2018-11-30 | Owned
322327 | GIL # 796 | Melba Creek Mining, Inc. | 1980-08-17 | 2018-11-30 | Owned
322328 | GIL # 797 | Melba Creek Mining, Inc. | 1980-08-17 | 2018-11-30 | Owned
322329 | GIL # 798 | Melba Creek Mining, Inc. | 1980-08-17 | 2018-11-30 | Owned
322330 | GIL # 799 | Melba Creek Mining, Inc. | 1980-08-17 | 2018-11-30 | Owned
322331 | GIL # 800 | Melba Creek Mining, Inc. | 1980-08-16 | 2018-11-30 | Owned
322332 | GIL # 895 | Melba Creek Mining, Inc. | 1980-08-17 | 2018-11-30 | Owned
322333 | GIL # 896 | Melba Creek Mining, Inc. | 1980-08-18 | 2018-11-30 | Owned
322334 | GIL # 897 | Melba Creek Mining, Inc. | 1980-08-18 | 2018-11-30 | Owned
322335 | GIL # 898 | Melba Creek Mining, Inc. | 1980-08-17 | 2018-11-30 | Owned
322336 | GIL # 994 | Melba Creek Mining, Inc. | 1980-08-17 | 2018-11-30 | Owned
322337 | GIL # 995 | Melba Creek Mining, Inc. | 1980-08-18 | 2018-11-30 | Owned
322338 | GIL # 996 | Melba Creek Mining, Inc. | 1980-08-18 | 2018-11-30 | Owned
322339 | GIL # 997 | Melba Creek Mining, Inc. | 1980-08-17 | 2018-11-30 | Owned
322754 | Daily Double #1 | Melba Creek Mining, Inc. | 1980-08-27 | 2018-11-30 | Owned
322755 | Daily Double #2 | Melba Creek Mining, Inc. | 1980-08-27 | 2018-11-30 | Owned
322756 | Daily Double #3 | Melba Creek Mining, Inc. | 1980-08-27 | 2018-11-30 | Owned
322757 | Daily Double #4 | Melba Creek Mining, Inc. | 1980-08-27 | 2018-11-30 | Owned
323712 | Disc. on Last Chance | Fairbanks Gold Mining, Inc. | 1980-05-04 | 2018-11-30 | Owned
323713 | No. 1 Above Last Chance | Fairbanks Gold Mining, Inc. | 1980-05-04 | 2018-11-30 | Owned
323714 | No. 2 Above Last Chance | Fairbanks Gold Mining, Inc. | 1980-05-04 | 2018-11-30 | Owned
323715 | No. 3 Above Last Chance | Fairbanks Gold Mining, Inc. | 1980-05-04 | 2018-11-30 | Owned
323716 | No. 4 Above Last Chance | Fairbanks Gold Mining, Inc. | 1980-05-04 | 2018-11-30 | Owned
323717 | No. 5 Above Last Chance | Fairbanks Gold Mining, Inc. | 1980-05-04 | 2018-11-30 | Owned
323718 | No. 6 Above Last Chance | Fairbanks Gold Mining, Inc. | 1980-05-04 | 2018-11-30 | Owned
323719 | No. 7 Above Last Chance | Fairbanks Gold Mining, Inc. | 1980-05-04 | 2018-11-30 | Owned
323720 | No. 8 Above Last Chance | Fairbanks Gold Mining, Inc. | 1980-05-04 | 2018-11-30 | Owned
323721 | No. 9 Above Last Chance | Fairbanks Gold Mining, Inc. | 1980-05-04 | 2018-11-30 | Owned
323722 | No. 10 Above Last Chance | Fairbanks Gold Mining, Inc. | 1980-05-04 | 2018-11-30 | Owned
323723 | Discovery on Pearl Creek | Melba Creek Mining, Inc. | 1980-05-04 | 2018-11-30 | Owned
323724 | No. 1 Above on Pearl Cr. | Melba Creek Mining, Inc. | 1980-05-04 | 2018-11-30 | Owned
323725 | No. 2 Above on Pearl Cr. | Melba Creek Mining, Inc. | 1980-05-04 | 2018-11-30 | Owned
323726 | No. 3 Above on Pearl Cr. | Melba Creek Mining, Inc. | 1980-05-04 | 2018-11-30 | Owned
323727 | No. 4 Above on Pearl Cr. | Melba Creek Mining, Inc. | 1980-05-04 | 2018-11-30 | Owned
324542 | AMY 1 | Melba Creek Mining, Inc. | 1980-08-13 | 2018-11-30 | Owned
324543 | AMY 2 | Melba Creek Mining, Inc. | 1980-08-13 | 2018-11-30 | Owned
324544 | AMY 3 | Melba Creek Mining, Inc. | 1980-08-13 | 2018-11-30 | Owned
324545 | AMY 4 | Melba Creek Mining, Inc. | 1980-08-13 | 2018-11-30 | Owned
324817 | Pearl Cr. Claim #2 | Melba Creek Mining, Inc. | 1980-03-22 | 2018-11-30 | Owned

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Case ID | Claim Name | Registered Owners | Grant Date | Expiry Date | Interest
325984 | VTV # 52 | Melba Creek Mining, Inc. | 1980-10-03 | 2018-11-30 | Owned
328762 | JULY # 21 | Margaret B. Eagan | 1980-09-19 | 2018-11-30 | Leased
328764 | JULY # 23 | Margaret B. Eagan | 1980-09-19 | 2018-11-30 | Leased
330980 | JULY #14 | Margaret B. Eagan | 1981-04-04 | 2018-11-30 | Leased
330981 | JULY #15 | Margaret B. Eagan | 1981-04-04 | 2018-11-30 | Leased
330982 | JULY #16 | Margaret B. Eagan | 1981-04-04 | 2018-11-30 | Leased
330983 | JULY #17 | Margaret B. Eagan | 1981-04-04 | 2018-11-30 | Leased
330984 | JULY #18 | Margaret B. Eagan | 1981-04-04 | 2018-11-30 | Leased
330985 | JULY #19 | Margaret B. Eagan | 1981-04-04 | 2018-11-30 | Leased
331994 | GIL # 100 | Melba Creek Mining, Inc. | 1981-03-16 | 2018-11-30 | Owned
331995 | GIL # 101 | Melba Creek Mining, Inc. | 1981-03-16 | 2018-11-30 | Owned
331996 | GIL # 102 | Melba Creek Mining, Inc. | 1981-03-16 | 2018-11-30 | Owned
331997 | GIL # 103 | Melba Creek Mining, Inc. | 1981-03-17 | 2018-11-30 | Owned
331998 | GIL # 104 | Melba Creek Mining, Inc. | 1981-03-17 | 2018-11-30 | Owned
331999 | GIL # 105 | Melba Creek Mining, Inc. | 1981-03-17 | 2018-11-30 | Owned
332000 | GIL # 106 | Melba Creek Mining, Inc. | 1981-03-17 | 2018-11-30 | Owned
332001 | GIL # 107 | Melba Creek Mining, Inc. | 1981-03-17 | 2018-11-30 | Owned
332002 | GIL # 200 | Melba Creek Mining, Inc. | 1981-03-16 | 2018-11-30 | Owned
332003 | GIL # 201 | Melba Creek Mining, Inc. | 1981-03-16 | 2018-11-30 | Owned
332004 | GIL # 202 | Melba Creek Mining, Inc. | 1981-03-16 | 2018-11-30 | Owned
332005 | GIL # 203 | Melba Creek Mining, Inc. | 1981-03-17 | 2018-11-30 | Owned
332006 | GIL # 204 | Melba Creek Mining, Inc. | 1981-03-17 | 2018-11-30 | Owned
332007 | GIL # 205 | Melba Creek Mining, Inc. | 1981-03-17 | 2018-11-30 | Owned
332008 | GIL # 206 | Melba Creek Mining, Inc. | 1981-03-17 | 2018-11-30 | Owned
332009 | GIL # 207 | Melba Creek Mining, Inc. | 1981-03-17 | 2018-11-30 | Owned
332010 | GIL # 300 | Melba Creek Mining, Inc. | 1981-03-16 | 2018-11-30 | Owned
332011 | GIL # 301 | Melba Creek Mining, Inc. | 1981-03-16 | 2018-11-30 | Owned
332012 | GIL # 302 | Melba Creek Mining, Inc. | 1981-03-16 | 2018-11-30 | Owned
332013 | GIL # 303 | Melba Creek Mining, Inc. | 1981-03-17 | 2018-11-30 | Owned
332014 | GIL # 304 | Melba Creek Mining, Inc. | 1981-03-17 | 2018-11-30 | Owned
332015 | GIL # 305 | Melba Creek Mining, Inc. | 1981-03-17 | 2018-11-30 | Owned
332016 | GIL # 306 | Melba Creek Mining, Inc. | 1981-03-17 | 2018-11-30 | Owned
332017 | GIL # 307 | Melba Creek Mining, Inc. | 1981-03-17 | 2018-11-30 | Owned
332018 | GIL # 400 | Melba Creek Mining, Inc. | 1981-03-16 | 2018-11-30 | Owned
332019 | GIL # 401 | Melba Creek Mining, Inc. | 1981-03-16 | 2018-11-30 | Owned
332020 | GIL # 402 | Melba Creek Mining, Inc. | 1981-03-16 | 2018-11-30 | Owned
332021 | GIL # 403 | Melba Creek Mining, Inc. | 1981-03-17 | 2018-11-30 | Owned
332022 | GIL # 404 | Melba Creek Mining, Inc. | 1981-03-17 | 2018-11-30 | Owned
332023 | GIL # 405 | Melba Creek Mining, Inc. | 1981-03-17 | 2018-11-30 | Owned
332024 | GIL # 406 | Melba Creek Mining, Inc. | 1981-03-17 | 2018-11-30 | Owned
332025 | GIL # 407 | Melba Creek Mining, Inc. | 1981-03-17 | 2018-11-30 | Owned
332258 | TOM 101 | Melba Creek Mining, Inc. | 1981-05-06 | 2018-11-30 | Owned
332259 | TOM 102 | Melba Creek Mining, Inc. | 1981-05-06 | 2018-11-30 | Owned
332260 | TOM 103 | Melba Creek Mining, Inc. | 1981-05-06 | 2018-11-30 | Owned
332261 | TOM 200 | Melba Creek Mining, Inc. | 1981-05-06 | 2018-11-30 | Owned
332262 | TOM 201 | Melba Creek Mining, Inc. | 1981-05-06 | 2018-11-30 | Owned
332263 | TOM 202 | Melba Creek Mining, Inc. | 1981-05-06 | 2018-11-30 | Owned
332264 | TOM 203 | Melba Creek Mining, Inc. | 1981-05-06 | 2018-11-30 | Owned
332265 | TOM 300 | Melba Creek Mining, Inc. | 1981-05-06 | 2018-11-30 | Owned
332266 | TOM 301 | Melba Creek Mining, Inc. | 1981-05-06 | 2018-11-30 | Owned
332267 | TOM 302 | Melba Creek Mining, Inc. | 1981-05-06 | 2018-11-30 | Owned
332268 | TOM 400 | Melba Creek Mining, Inc. | 1981-05-06 | 2018-11-30 | Owned
332269 | TOM 401 | Melba Creek Mining, Inc. | 1981-05-06 | 2018-11-30 | Owned
332270 | TOM 402 | Melba Creek Mining, Inc. | 1981-05-06 | 2018-11-30 | Owned
332422 | LAUREL # 1 | Melba Creek Mining, Inc. | 1980-10-28 | 2018-11-30 | Owned
332423 | LAUREL # 2 | Melba Creek Mining, Inc. | 1980-10-28 | 2018-11-30 | Owned
332424 | LAUREL # 3 | Melba Creek Mining, Inc. | 1980-10-28 | 2018-11-30 | Owned
335147 | Duffy No. 3A | Margaret B. Eagan | 1981-07-30 | 2018-11-30 | Leased
335148 | Duffy No. 4 | Margaret B. Eagan | 1981-07-30 | 2018-11-30 | Leased
335294 | GIL # 694 | Melba Creek Mining, Inc. | 1981-05-21 | 2018-11-30 | Owned

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Case ID | Claim Name | Registered Owners | Grant Date | Expiry Date | Interest
335295 | GIL # 695 | Melba Creek Mining, Inc. | 1981-05-20 | 2018-11-30 | Owned
335296 | GIL # 794 | Melba Creek Mining, Inc. | 1981-06-07 | 2018-11-30 | Owned
335297 | GIL # 795 | Melba Creek Mining, Inc. | 1981-06-07 | 2018-11-30 | Owned
335298 | GIL # 894 | Melba Creek Mining, Inc. | 1981-06-07 | 2018-11-30 | Owned
335299 | GIL #7969 | Melba Creek Mining, Inc. | 1981-06-08 | 2018-11-30 | Owned
335300 | GIL #7979 | Melba Creek Mining, Inc. | 1981-06-08 | 2018-11-30 | Owned
335301 | GIL #7989 | Melba Creek Mining, Inc. | 1981-06-08 | 2018-11-30 | Owned
335302 | GIL #7999 | Melba Creek Mining, Inc. | 1981-06-08 | 2018-11-30 | Owned
336027 | GIL # 108 | Melba Creek Mining, Inc. | 1981-07-25 | 2018-11-30 | Owned
336028 | GIL # 208 | Melba Creek Mining, Inc. | 1981-07-25 | 2018-11-30 | Owned
336029 | GIL # 308 | Melba Creek Mining, Inc. | 1981-07-25 | 2018-11-30 | Owned
336030 | GIL # 408 | Melba Creek Mining, Inc. | 1981-07-25 | 2018-11-30 | Owned
336031 | GIL # 507 | Melba Creek Mining, Inc. | 1981-07-25 | 2018-11-30 | Owned
337434 | LAUREL # 4 | Melba Creek Mining, Inc. | 1980-11-02 | 2018-11-30 | Owned
337435 | LAUREL # 5 | Melba Creek Mining, Inc. | 1980-11-02 | 2018-11-30 | Owned
337436 | LAUREL # 6 | Melba Creek Mining, Inc. | 1980-11-02 | 2018-11-30 | Owned
337437 | LAUREL # 7 | Melba Creek Mining, Inc. | 1980-11-02 | 2018-11-30 | Owned
337438 | LAUREL # 8 | Melba Creek Mining, Inc. | 1980-11-02 | 2018-11-30 | Owned
337439 | LAUREL # 9 | Melba Creek Mining, Inc. | 1980-11-02 | 2018-11-30 | Owned
337440 | LAUREL #10 | Melba Creek Mining, Inc. | 1980-11-02 | 2018-11-30 | Owned
337441 | LAUREL #11 | Melba Creek Mining, Inc. | 1980-11-02 | 2018-11-30 | Owned
338431 | GIL # 595 | Melba Creek Mining, Inc. | 1981-09-12 | 2018-11-30 | Owned
338432 | GIL #6945 | Melba Creek Mining, Inc. | 1981-09-12 | 2018-11-30 | Owned
338433 | GIL #7945 | Melba Creek Mining, Inc. | 1981-09-12 | 2018-11-30 | Owned
338434 | GIL #7959 | Melba Creek Mining, Inc. | 1981-09-12 | 2018-11-30 | Owned
338435 | GIL #8905 | Melba Creek Mining, Inc. | 1981-09-12 | 2018-11-30 | Owned
338436 | GIL #8906 | Melba Creek Mining, Inc. | 1981-09-12 | 2018-11-30 | Owned
338437 | GIL #8907 | Melba Creek Mining, Inc. | 1981-09-12 | 2018-11-30 | Owned
338438 | GIL #8945 | Melba Creek Mining, Inc. | 1981-09-12 | 2018-11-30 | Owned
338439 | GIL #8965 | Melba Creek Mining, Inc. | 1981-09-12 | 2018-11-30 | Owned
338440 | GIL #9955 | Melba Creek Mining, Inc. | 1981-09-12 | 2018-11-30 | Owned
338441 | GIL #9965 | Melba Creek Mining, Inc. | 1981-09-12 | 2018-11-30 | Owned
338933 | VTV # 89 | Melba Creek Mining, Inc. | 1980-10-10 | 2018-11-30 | Owned
338934 | VTV # 90 | Melba Creek Mining, Inc. | 1980-10-10 | 2018-11-30 | Owned
338939 | VTV # 95 | Melba Creek Mining, Inc. | 1980-10-10 | 2018-11-30 | Owned
338940 | VTV # 96 | Melba Creek Mining, Inc. | 1980-10-10 | 2018-11-30 | Owned
338941 | VTV # 98 | Melba Creek Mining, Inc. | 1980-10-16 | 2018-11-30 | Owned
338942 | VTV # 99 | Melba Creek Mining, Inc. | 1980-10-16 | 2018-11-30 | Owned
338945 | VTV #102 | Melba Creek Mining, Inc. | 1980-10-16 | 2018-11-30 | Owned
338946 | VTV #104 | Melba Creek Mining, Inc. | 1980-10-16 | 2018-11-30 | Owned
338947 | VTV #105 | Melba Creek Mining, Inc. | 1980-10-16 | 2018-11-30 | Owned
338948 | VTV #106 | Melba Creek Mining, Inc. | 1980-10-16 | 2018-11-30 | Owned
338951 | VTV #109 | Melba Creek Mining, Inc. | 1980-10-16 | 2018-11-30 | Owned
338952 | VTV #110 | Melba Creek Mining, Inc. | 1980-10-16 | 2018-11-30 | Owned
338953 | VTV #111 | Melba Creek Mining, Inc. | 1980-10-16 | 2018-11-30 | Owned
338954 | VTV #112 | Melba Creek Mining, Inc. | 1980-10-16 | 2018-11-30 | Owned
338955 | VTV #113 | Melba Creek Mining, Inc. | 1980-10-16 | 2018-11-30 | Owned
338956 | VTV #114 | Melba Creek Mining, Inc. | 1980-10-16 | 2018-11-30 | Owned
338957 | VTV #115 | Melba Creek Mining, Inc. | 1980-10-16 | 2018-11-30 | Owned
338958 | VTV #116 | Melba Creek Mining, Inc. | 1980-10-10 | 2018-11-30 | Owned
338959 | VTV #117 | Melba Creek Mining, Inc. | 1980-10-16 | 2018-11-30 | Owned
338960 | VTV #118 | Melba Creek Mining, Inc. | 1980-10-02 | 2018-11-30 | Owned
338961 | VTV #119 | Melba Creek Mining, Inc. | 1980-10-02 | 2018-11-30 | Owned
338962 | VTV #120 | Melba Creek Mining, Inc. | 1980-10-02 | 2018-11-30 | Owned
338963 | VTV #121 | Melba Creek Mining, Inc. | 1980-10-02 | 2018-11-30 | Owned
338964 | VTV #122 | Melba Creek Mining, Inc. | 1980-10-03 | 2018-11-30 | Owned
338965 | VTV #123 | Melba Creek Mining, Inc. | 1980-10-03 | 2018-11-30 | Owned
338966 | VTV #124 | Melba Creek Mining, Inc. | 1980-10-03 | 2018-11-30 | Owned
338971 | VTV #129 | Melba Creek Mining, Inc. | 1980-10-05 | 2018-11-30 | Owned
340351 | Bee 1 | Peter Eagan | 1981-10-18 | 2018-11-30 | Leased

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Case ID | Claim Name | Registered Owners | Grant Date | Expiry Date | Interest
340352 | Bee 2 | Peter Eagan | 1981-11-20 | 2018-11-30 | Leased
340461 | TOM 100 | Melba Creek Mining, Inc. | 1981-05-06 | 2018-11-30 | Owned
351645 | LAUREL #12 | Melba Creek Mining, Inc. | 1982-09-02 | 2018-11-30 | Owned
351646 | LAUREL #13 | Melba Creek Mining, Inc. | 1982-09-02 | 2018-11-30 | Owned
352217 | GIL # 110 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352218 | GIL # 111 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352219 | GIL # 112 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352220 | GIL # 113 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352221 | GIL # 114 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352233 | GIL # 210 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352234 | GIL # 211 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352235 | GIL # 212 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352241 | GIL # 310 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352242 | GIL # 311 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352247 | GIL # 410 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352248 | GIL # 411 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352253 | GIL # 510 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352254 | GIL # 511 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352255 | GIL # 608 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352256 | GIL # 609 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352257 | GIL # 610 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352258 | GIL # 611 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352259 | GIL # 707 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352260 | GIL # 708 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352261 | GIL # 709 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352266 | GIL # 806 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352267 | GIL # 807 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352268 | GIL # 808 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352272 | GIL # 901 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352273 | GIL # 902 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352274 | GIL # 903 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352275 | GIL # 904 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352276 | GIL # 905 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352277 | GIL # 906 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352278 | GIL # 907 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352281 | GIL #1011 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352282 | GIL #1012 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352283 | GIL #1013 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352284 | GIL #1014 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352285 | GIL #1015 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352286 | GIL #1016 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352296 | GIL #1112 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352297 | GIL #1113 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352298 | GIL #1114 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352299 | GIL #1115 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352300 | GIL #1116 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352301 | GIL #1117 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352302 | GIL #1118 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352303 | GIL #1119 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352304 | GIL #1120 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352310 | GIL #1214 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352311 | GIL #1215 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352312 | GIL #1216 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352313 | GIL #1217 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352314 | GIL #1218 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352315 | GIL #1219 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352316 | GIL #1220 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352322 | GIL #1315 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352323 | GIL #1316 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352324 | GIL #1317 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Case ID | Claim Name | Registered Owners | Grant Date | Expiry Date | Interest
352325 | GIL #1318 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352326 | GIL #1319 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352327 | GIL #1320 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352333 | GIL #1416 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352334 | GIL #1417 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352335 | GIL #1418 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352336 | GIL #1419 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352337 | GIL #1420 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352338 | GIL #1421 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352339 | GIL #1422 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352340 | GIL #1423 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352354 | GIL #1517 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352355 | GIL #1518 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352356 | GIL #1519 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352357 | GIL #1520 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352358 | GIL #1521 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352359 | GIL #1522 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352360 | GIL #1523 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352374 | GIL #1618 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352375 | GIL #1619 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352376 | GIL #1620 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352377 | GIL #1621 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352378 | GIL #1622 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352379 | GIL #1623 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352380 | GIL #1624 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352381 | GIL #1625 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352382 | GIL #1626 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352383 | GIL #1627 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352384 | GIL #1628 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352385 | GIL #1629 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352386 | GIL #1630 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352387 | GIL #1631 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352394 | GIL #1719 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352395 | GIL #1720 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352396 | GIL #1721 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352397 | GIL #1722 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352398 | GIL #1723 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352399 | GIL #1724 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352400 | GIL #1725 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352401 | GIL #1726 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352402 | GIL #1727 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352403 | GIL #1728 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352404 | GIL #1729 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352405 | GIL #1730 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352406 | GIL #1731 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352413 | GIL #1820 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352414 | GIL #1821 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352415 | GIL #1822 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352416 | GIL #1823 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352417 | GIL #1824 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352418 | GIL #1826 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352419 | GIL #1827 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352420 | GIL #1828 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352421 | GIL #1829 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352422 | GIL #1830 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352423 | GIL #1831 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352430 | GIL #1926 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352431 | GIL #1927 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352432 | GIL #1928 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned
352433 | GIL #1929 | Melba Creek Mining, Inc. | 1982-08-28 | 2018-11-30 | Owned

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Case ID | Claim Name | Registered Owners | Grant Date | Expiry Date | Interest
352808 | Fort Knox #22 | Melba Creek Mining, Inc. | 1982-10-12 | 2018-11-30 | Owned
352809 | Fort Knox #23 | Melba Creek Mining, Inc. | 1982-10-12 | 2018-11-30 | Owned
352810 | Fort Knox #24 | Melba Creek Mining, Inc. | 1982-10-12 | 2018-11-30 | Owned
352811 | Fort Knox #25 | Melba Creek Mining, Inc. | 1982-10-12 | 2018-11-30 | Owned
352812 | Fort Knox #26 | Melba Creek Mining, Inc. | 1982-10-13 | 2018-11-30 | Owned
352813 | Fort Knox #27 | Melba Creek Mining, Inc. | 1982-10-13 | 2018-11-30 | Owned
352814 | Fort Knox #28 | Melba Creek Mining, Inc. | 1982-10-13 | 2018-11-30 | Owned
352815 | Fort Knox #29 | Melba Creek Mining, Inc. | 1982-10-13 | 2018-11-30 | Owned
352816 | Fort Knox #30 | Melba Creek Mining, Inc. | 1982-10-14 | 2018-11-30 | Owned
352817 | Fort Knox #31 | Melba Creek Mining, Inc. | 1982-10-14 | 2018-11-30 | Owned
352836 | Fort Knox #50 | Melba Creek Mining, Inc. | 1982-10-19 | 2018-11-30 | Owned
354337 | LOST NUGGET | Melba Creek Mining, Inc. | 1982-11-11 | 2018-11-30 | Owned
355312 | TANANA 102 | Melba Creek Mining, Inc. | 1982-12-07 | 2018-11-30 | Owned
355313 | TANANA 103 | Melba Creek Mining, Inc. | 1982-12-07 | 2018-11-30 | Owned
355314 | TANANA 202 | Melba Creek Mining, Inc. | 1982-12-07 | 2018-11-30 | Owned
355315 | TANANA 203 | Melba Creek Mining, Inc. | 1982-12-07 | 2018-11-30 | Owned
355317 | ROSEBUSH 100 | Melba Creek Mining, Inc. | 1982-12-06 | 2018-11-30 | Owned
355318 | ROSEBUSH 101 | Melba Creek Mining, Inc. | 1982-12-06 | 2018-11-30 | Owned
355319 | ROSEBUSH 200 | Melba Creek Mining, Inc. | 1982-12-06 | 2018-11-30 | Owned
355320 | ROSEBUSH 201 | Melba Creek Mining, Inc. | 1982-12-06 | 2018-11-30 | Owned
355321 | ROSEBUSH 201F | Melba Creek Mining, Inc. | 1982-12-09 | 2018-11-30 | Owned
355322 | ROSEBUSH 204F | Melba Creek Mining, Inc. | 1982-12-05 | 2018-11-30 | Owned
355653 | NUGGET LOST | Melba Creek Mining, Inc. | 1983-01-02 | 2018-11-30 | Owned
500916 | PEGGYS NO. 1 | Melba Creek Mining, Inc. | 1984-04-15 | 2018-11-30 | Owned
500917 | PEGGYS NO. 2 | Melba Creek Mining, Inc. | 1984-04-15 | 2018-11-30 | Owned
500918 | PEGGYS NO. 3 | Melba Creek Mining, Inc. | 1984-04-15 | 2018-11-30 | Owned
500919 | PEGGYS NO. 4 | Melba Creek Mining, Inc. | 1984-04-15 | 2018-11-30 | Owned
502821 | ROSEBUSH 102 | Melba Creek Mining, Inc. | 1984-08-20 | 2018-11-30 | Owned
502822 | ROSEBUSH 103 | Melba Creek Mining, Inc. | 1984-08-20 | 2018-11-30 | Owned
502823 | ROSEBUSH 104 | Melba Creek Mining, Inc. | 1984-08-20 | 2018-11-30 | Owned
502824 | ROSEBUSH 105 | Melba Creek Mining, Inc. | 1984-08-20 | 2018-11-30 | Owned
502825 | ROSEBUSH 202 | Melba Creek Mining, Inc. | 1984-08-20 | 2018-11-30 | Owned
502826 | ROSEBUSH 203 | Melba Creek Mining, Inc. | 1984-08-20 | 2018-11-30 | Owned
502827 | ROSEBUSH 204 | Melba Creek Mining, Inc. | 1984-08-20 | 2018-11-30 | Owned
502828 | ROSEBUSH 205 | Melba Creek Mining, Inc. | 1984-08-20 | 2018-11-30 | Owned
505900 | NUG 1 | Melba Creek Mining, Inc. | 1985-08-30 | 2018-11-30 | Owned
505901 | NUG 2 | Melba Creek Mining, Inc. | 1985-08-30 | 2018-11-30 | Owned
505902 | NUG 3 | Melba Creek Mining, Inc. | 1985-08-30 | 2018-11-30 | Owned
505903 | NUG 4 | Melba Creek Mining, Inc. | 1985-08-30 | 2018-11-30 | Owned
505904 | NUG 5 | Melba Creek Mining, Inc. | 1985-08-30 | 2018-11-30 | Owned
505905 | NUG 6 | Melba Creek Mining, Inc. | 1985-08-30 | 2018-11-30 | Owned
508357 | NUG 7 | Melba Creek Mining, Inc. | 1985-11-08 | 2018-11-30 | Owned
508358 | NUG 8 | Melba Creek Mining, Inc. | 1985-11-08 | 2018-11-30 | Owned
508359 | NUG 9 | Melba Creek Mining, Inc. | 1985-11-08 | 2018-11-30 | Owned
508360 | NUG 10 | Melba Creek Mining, Inc. | 1985-11-08 | 2018-11-30 | Owned
517580 | 11 BELOW LEFT LIMIT BENCH | Margaret B. Eagan | 1987-10-14 | 2018-11-30 | Leased
517964 | DIT 1B | Melba Creek Mining, Inc. | 1987-11-26 | 2018-11-30 | Owned
517965 | DIT 4 | Melba Creek Mining, Inc. | 1987-11-25 | 2018-11-30 | Owned
517966 | DIT 5 | Melba Creek Mining, Inc. | 1987-11-25 | 2018-11-30 | Owned
517967 | DIT 6 | Melba Creek Mining, Inc. | 1987-11-25 | 2018-11-30 | Owned
517968 | DIT 7 | Melba Creek Mining, Inc. | 1987-11-25 | 2018-11-30 | Owned
517969 | DIT 8 | Melba Creek Mining, Inc. | 1987-11-25 | 2018-11-30 | Owned
517970 | DIT 9 | Melba Creek Mining, Inc. | 1987-11-25 | 2018-11-30 | Owned
517971 | DIT 10 | Melba Creek Mining, Inc. | 1987-11-26 | 2018-11-30 | Owned
517972 | DIT 10A | Melba Creek Mining, Inc. | 1987-11-26 | 2018-11-30 | Owned
517973 | DIT 11 | Melba Creek Mining, Inc. | 1987-11-25 | 2018-11-30 | Owned
517974 | DIT 12 | Melba Creek Mining, Inc. | 1987-11-26 | 2018-11-30 | Owned
517975 | DIT 12A | Melba Creek Mining, Inc. | 1987-11-26 | 2018-11-30 | Owned
517976 | DIT 13 | Melba Creek Mining, Inc. | 1987-11-25 | 2018-11-30 | Owned
517977 | DIT 14 | Melba Creek Mining, Inc. | 1987-11-25 | 2018-11-30 | Owned

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Case ID | Claim Name | Registered Owners | Grant Date | Expiry Date | Interest
517978 | DIT 15 | Melba Creek Mining, Inc. | 1987-11-25 | 2018-11-30 | Owned
517979 | DIT 16 | Melba Creek Mining, Inc. | 1987-11-26 | 2018-11-30 | Owned
517980 | DIT 16A | Melba Creek Mining, Inc. | 1987-11-26 | 2018-11-30 | Owned
518507 | Clark 53 | EHB, LLC | 1987-12-15 | 2018-11-30 | Leased
518508 | Clark 54 | EHB, LLC | 1987-12-15 | 2018-11-30 | Leased
518509 | Clark 55 | EHB, LLC | 1987-12-15 | 2018-11-30 | Leased
518510 | Clark 56 | EHB, LLC | 1987-12-15 | 2018-11-30 | Leased
518511 | Clark 62 | EHB, LLC | 1987-12-15 | 2018-11-30 | Leased
518512 | Clark 63 | EHB, LLC | 1987-12-15 | 2018-11-30 | Leased
518513 | Clark 64 | EHB, LLC | 1987-12-15 | 2018-11-30 | Leased
518514 | Clark 72 | EHB, LLC | 1987-12-15 | 2018-11-30 | Leased
518515 | Clark 73 | EHB, LLC | 1987-12-15 | 2018-11-30 | Leased
518516 | Clark 74 | EHB, LLC | 1987-12-15 | 2018-11-30 | Leased
518517 | Clark 81 | EHB, LLC | 1987-12-15 | 2018-11-30 | Leased
518518 | Clark 82 | EHB, LLC | 1987-12-15 | 2018-11-30 | Leased
518519 | Clark 83 | EHB, LLC | 1987-12-15 | 2018-11-30 | Leased
518520 | Clark 84 | EHB, LLC | 1987-12-15 | 2018-11-30 | Leased
518521 | Clark 91 | EHB, LLC | 1987-12-15 | 2018-11-30 | Leased
518522 | Clark 92 | EHB, LLC | 1987-12-15 | 2018-11-30 | Leased
518523 | Clark 93 | EHB, LLC | 1987-12-15 | 2018-11-30 | Leased
518524 | Clark 94 | EHB, LLC | 1987-12-15 | 2018-11-30 | Leased
518525 | Clark 100 | EHB, LLC | 1987-12-15 | 2018-11-30 | Leased
518526 | Clark 101 | EHB, LLC | 1987-12-15 | 2018-11-30 | Leased
518527 | Clark 102 | EHB, LLC | 1987-12-15 | 2018-11-30 | Leased
518528 | Clark 103 | EHB, LLC | 1987-12-15 | 2018-11-30 | Leased
518529 | Clark 111 | EHB, LLC | 1987-12-16 | 2018-11-30 | Leased
518530 | Clark 112 | EHB, LLC | 1987-12-16 | 2018-11-30 | Leased
518531 | Clark 113 | EHB, LLC | 1987-12-16 | 2018-11-30 | Leased
523232 | IVORY J #2 | Fairbanks Gold Mining, Inc. | 1988-06-05 | 2018-11-30 | Owned
523233 | IVORY J #3 | Fairbanks Gold Mining, Inc. | 1988-06-05 | 2018-11-30 | Owned
525082 | NUG 11 | Melba Creek Mining, Inc. | 1988-09-26 | 2018-11-30 | Owned
525083 | NUG 12 | Melba Creek Mining, Inc. | 1988-09-26 | 2018-11-30 | Owned
525084 | NUG 13 | Melba Creek Mining, Inc. | 1988-09-26 | 2018-11-30 | Owned
525085 | NUG 14 | Melba Creek Mining, Inc. | 1988-09-27 | 2018-11-30 | Owned
525086 | NUG 15 | Melba Creek Mining, Inc. | 1988-09-27 | 2018-11-30 | Owned
525087 | NUG 16 | Melba Creek Mining, Inc. | 1988-09-30 | 2018-11-30 | Owned
525088 | NUG 17 | Melba Creek Mining, Inc. | 1988-09-30 | 2018-11-30 | Owned
525089 | NUG 18 | Melba Creek Mining, Inc. | 1988-09-30 | 2018-11-30 | Owned
525090 | NUG 19 | Melba Creek Mining, Inc. | 1988-09-30 | 2018-11-30 | Owned
525091 | NUG 20 | Melba Creek Mining, Inc. | 1988-09-26 | 2018-11-30 | Owned
525092 | NUG 21 | Melba Creek Mining, Inc. | 1988-09-26 | 2018-11-30 | Owned
525093 | NUG 22 | Melba Creek Mining, Inc. | 1988-09-26 | 2018-11-30 | Owned
525094 | NUG 23 | Melba Creek Mining, Inc. | 1988-09-27 | 2018-11-30 | Owned
525095 | NUG 24 | Melba Creek Mining, Inc. | 1988-09-27 | 2018-11-30 | Owned
525096 | NUG 25 | Melba Creek Mining, Inc. | 1988-09-30 | 2018-11-30 | Owned
525097 | NUG 26 | Melba Creek Mining, Inc. | 1988-09-30 | 2018-11-30 | Owned
525098 | NUG 27 | Melba Creek Mining, Inc. | 1988-09-30 | 2018-11-30 | Owned
525099 | NUG 28 | Melba Creek Mining, Inc. | 1988-09-30 | 2018-11-30 | Owned
525100 | NUG 29 | Melba Creek Mining, Inc. | 1988-09-26 | 2018-11-30 | Owned
525101 | NUG 30 | Melba Creek Mining, Inc. | 1988-09-26 | 2018-11-30 | Owned
525102 | NUG 31 | Melba Creek Mining, Inc. | 1988-09-26 | 2018-11-30 | Owned
525103 | NUG 32 | Melba Creek Mining, Inc. | 1988-09-27 | 2018-11-30 | Owned
525104 | NUG 33 | Melba Creek Mining, Inc. | 1988-09-27 | 2018-11-30 | Owned
525105 | NUG 34 | Melba Creek Mining, Inc. | 1988-09-30 | 2018-11-30 | Owned
525106 | NUG 35 | Melba Creek Mining, Inc. | 1988-09-30 | 2018-11-30 | Owned
525107 | NUG 36 | Melba Creek Mining, Inc. | 1988-09-30 | 2018-11-30 | Owned
525108 | NUG 37 | Melba Creek Mining, Inc. | 1988-09-26 | 2018-11-30 | Owned
525109 | NUG 39 | Melba Creek Mining, Inc. | 1988-09-26 | 2018-11-30 | Owned
525110 | NUG 40 | Melba Creek Mining, Inc. | 1988-09-27 | 2018-11-30 | Owned
525111 | NUG 41 | Melba Creek Mining, Inc. | 1988-09-27 | 2018-11-30 | Owned

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Case ID | Claim Name | Registered Owners | Grant Date | Expiry Date | Interest
525112 | NUG 42 | Melba Creek Mining, Inc. | 1988-09-27 | 2018-11-30 | Owned
525113 | NUG 43 | Melba Creek Mining, Inc. | 1988-09-27 | 2018-11-30 | Owned
525114 | NUG 44 | Melba Creek Mining, Inc. | 1988-09-27 | 2018-11-30 | Owned
525723 | FX 1 | Melba Creek Mining, Inc. | 1988-08-03 | 2018-11-30 | Owned
525724 | FX 2 | Melba Creek Mining, Inc. | 1988-08-03 | 2018-11-30 | Owned
525725 | FX 3 | Melba Creek Mining, Inc. | 1988-08-04 | 2018-11-30 | Owned
527235 | MCM 100 | Melba Creek Mining, Inc. | 1988-09-16 | 2018-11-30 | Owned
527236 | MCM 101 | Melba Creek Mining, Inc. | 1988-09-16 | 2018-11-30 | Owned
527237 | MCM 102 | Melba Creek Mining, Inc. | 1988-09-16 | 2018-11-30 | Owned
527238 | MCM 200 | Melba Creek Mining, Inc. | 1988-09-16 | 2018-11-30 | Owned
527239 | MCM 202 | Melba Creek Mining, Inc. | 1988-09-16 | 2018-11-30 | Owned
527240 | MCM 300 | Melba Creek Mining, Inc. | 1988-09-16 | 2018-11-30 | Owned
527241 | MCM 302 | Melba Creek Mining, Inc. | 1988-09-16 | 2018-11-30 | Owned
527245 | MCM 403 | Melba Creek Mining, Inc. | 1988-09-16 | 2018-11-30 | Owned
527249 | MCM 503 | Melba Creek Mining, Inc. | 1988-09-16 | 2018-11-30 | Owned
527253 | MCM 602 | Melba Creek Mining, Inc. | 1988-09-15 | 2018-11-30 | Owned
527259 | NA 101 | Melba Creek Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
527260 | NA 200 | Melba Creek Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
527261 | NA 201 | Melba Creek Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
527262 | NA 300 | Melba Creek Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
527263 | NA 301 | Melba Creek Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
527264 | NA 400 | Melba Creek Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
527265 | NA 401 | Melba Creek Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
527266 | NA 500 | Melba Creek Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
527267 | NA 501 | Melba Creek Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
527268 | NA 600 | Melba Creek Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
527269 | NA 601 | Melba Creek Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
527270 | NA 700 | Melba Creek Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
527271 | NA 701 | Melba Creek Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
527272 | NA 800 | Melba Creek Mining, Inc. | 2011-05-25 | 2018-11-30 | Owned
527273 | NA 801 | Melba Creek Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
527274 | NA 900 | Melba Creek Mining, Inc. | 2011-05-25 | 2018-11-30 | Owned
527275 | NA 901 | Melba Creek Mining, Inc. | 2011-05-25 | 2018-11-30 | Owned
527276 | NA 902 | Melba Creek Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
527277 | NA 1000 | Melba Creek Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
527278 | NA 1001 | Melba Creek Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
527286 | FNE 100 | Melba Creek Mining, Inc. | 1988-09-21 | 2018-11-30 | Owned
527287 | FNE 101 | Melba Creek Mining, Inc. | 1988-09-21 | 2018-11-30 | Owned
527288 | FNE 102 | Melba Creek Mining, Inc. | 1988-09-21 | 2018-11-30 | Owned
527289 | FNE 103 | Melba Creek Mining, Inc. | 1988-09-21 | 2018-11-30 | Owned
527290 | FNE 104 | Melba Creek Mining, Inc. | 1988-09-21 | 2018-11-30 | Owned
527291 | FNE 105 | Melba Creek Mining, Inc. | 1988-09-21 | 2018-11-30 | Owned
527292 | FNE 106 | Melba Creek Mining, Inc. | 1988-09-21 | 2018-11-30 | Owned
527293 | FNE 107 | Melba Creek Mining, Inc. | 1988-09-28 | 2018-11-30 | Owned
527294 | FNE 108 | Melba Creek Mining, Inc. | 1988-09-28 | 2018-11-30 | Owned
527295 | FNE 201 | Melba Creek Mining, Inc. | 1988-09-21 | 2018-11-30 | Owned
527296 | FNE 202 | Melba Creek Mining, Inc. | 1988-09-21 | 2018-11-30 | Owned
527297 | FNE 203 | Melba Creek Mining, Inc. | 1988-09-21 | 2018-11-30 | Owned
527298 | FNE 204 | Melba Creek Mining, Inc. | 1988-09-21 | 2018-11-30 | Owned
527299 | FNE 205 | Melba Creek Mining, Inc. | 1988-09-21 | 2018-11-30 | Owned
527300 | FNE 206 | Melba Creek Mining, Inc. | 1988-09-21 | 2018-11-30 | Owned
527301 | FNE 207 | Melba Creek Mining, Inc. | 1988-09-21 | 2018-11-30 | Owned
527302 | FNE 208 | Melba Creek Mining, Inc. | 1988-09-21 | 2018-11-30 | Owned
527303 | FNE 303 | Melba Creek Mining, Inc. | 1988-09-27 | 2018-11-30 | Owned
527304 | FNE 304 | Melba Creek Mining, Inc. | 1988-09-27 | 2018-11-30 | Owned
527305 | FNE 800 | Melba Creek Mining, Inc. | 1988-09-27 | 2018-11-30 | Owned
527306 | FNE 801 | Melba Creek Mining, Inc. | 1988-09-27 | 2018-11-30 | Owned
527307 | FNE 802 | Melba Creek Mining, Inc. | 1988-09-27 | 2018-11-30 | Owned
527308 | FNE 803 | Melba Creek Mining, Inc. | 1988-09-27 | 2018-11-30 | Owned
527309 | GD 100 | Melba Creek Mining, Inc. | 1988-09-29 | 2018-11-30 | Owned

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Case ID | Claim Name | Registered Owners | Grant Date | Expiry Date | Interest
527310 | GD 101 | Melba Creek Mining, Inc. | 1988-09-29 | 2018-11-30 | Owned
527311 | GD 200 | Melba Creek Mining, Inc. | 1988-09-29 | 2018-11-30 | Owned
527312 | GD 201 | Melba Creek Mining, Inc. | 1988-09-29 | 2018-11-30 | Owned
527313 | GD 300 | Melba Creek Mining, Inc. | 1988-09-29 | 2018-11-30 | Owned
527314 | GD 301 | Melba Creek Mining, Inc. | 1988-09-29 | 2018-11-30 | Owned
527315 | GD 400 | Melba Creek Mining, Inc. | 1988-09-29 | 2018-11-30 | Owned
527316 | GD 401 | Melba Creek Mining, Inc. | 1988-09-29 | 2018-11-30 | Owned
527317 | GD 402 | Melba Creek Mining, Inc. | 1988-09-29 | 2018-11-30 | Owned
527319 | GD 500 | Melba Creek Mining, Inc. | 1988-09-29 | 2018-11-30 | Owned
527320 | GD 501 | Melba Creek Mining, Inc. | 1988-09-29 | 2018-11-30 | Owned
528093 | AMY 5 | Melba Creek Mining, Inc. | 1989-04-18 | 2018-11-30 | Owned
528094 | AMY 6 | Melba Creek Mining, Inc. | 1989-04-18 | 2018-11-30 | Owned
528095 | AMY 7 | Melba Creek Mining, Inc. | 1989-04-18 | 2018-11-30 | Owned
528096 | AMY 8 | Melba Creek Mining, Inc. | 1989-04-18 | 2018-11-30 | Owned
530193 | MCC 100 | Melba Creek Mining, Inc. | 1989-06-22 | 2018-11-30 | Owned
530194 | MCC 101 | Melba Creek Mining, Inc. | 1989-06-22 | 2018-11-30 | Owned
530195 | MCC 102 | Melba Creek Mining, Inc. | 1989-06-22 | 2018-11-30 | Owned
530196 | MCC 103 | Melba Creek Mining, Inc. | 1989-06-22 | 2018-11-30 | Owned
530197 | MCC 104 | Melba Creek Mining, Inc. | 1989-06-22 | 2018-11-30 | Owned
530198 | MCC 199 | Melba Creek Mining, Inc. | 1989-06-22 | 2018-11-30 | Owned
530199 | MCC 200 | Melba Creek Mining, Inc. | 1989-06-22 | 2018-11-30 | Owned
530200 | MCC 201 | Melba Creek Mining, Inc. | 1989-06-22 | 2018-11-30 | Owned
530201 | MCC 202 | Melba Creek Mining, Inc. | 1989-06-22 | 2018-11-30 | Owned
530202 | MCC 203 | Melba Creek Mining, Inc. | 1989-06-22 | 2018-11-30 | Owned
530203 | MCC 204 | Melba Creek Mining, Inc. | 1989-06-22 | 2018-11-30 | Owned
530204 | MCC 299 | Melba Creek Mining, Inc. | 1989-06-22 | 2018-11-30 | Owned
530205 | MCC 300 | Melba Creek Mining, Inc. | 1989-06-22 | 2018-11-30 | Owned
530206 | MCC 301 | Melba Creek Mining, Inc. | 1989-06-22 | 2018-11-30 | Owned
530212 | MCA 100 | Melba Creek Mining, Inc. | 1989-06-19 | 2018-11-30 | Owned
530213 | MCA 101 | Melba Creek Mining, Inc. | 1989-06-19 | 2018-11-30 | Owned
530214 | MCA 102 | Melba Creek Mining, Inc. | 1989-06-23 | 2018-11-30 | Owned
530215 | MCA 103 | Melba Creek Mining, Inc. | 1989-06-23 | 2018-11-30 | Owned
530216 | MCA 200 | Melba Creek Mining, Inc. | 1989-06-19 | 2018-11-30 | Owned
530217 | MCA 201 | Melba Creek Mining, Inc. | 1989-06-19 | 2018-11-30 | Owned
530218 | MCA 202 | Melba Creek Mining, Inc. | 1989-06-19 | 2018-11-30 | Owned
530219 | MCA 203 | Melba Creek Mining, Inc. | 1989-06-19 | 2018-11-30 | Owned
530220 | MCA 204 | Melba Creek Mining, Inc. | 1989-06-19 | 2018-11-30 | Owned
530221 | MCA 205 | Melba Creek Mining, Inc. | 1989-06-19 | 2018-11-30 | Owned
530222 | MCA 206 | Melba Creek Mining, Inc. | 1989-06-19 | 2018-11-30 | Owned
530223 | MCA 207 | Melba Creek Mining, Inc. | 1989-07-12 | 2018-11-30 | Owned
530224 | MCA 300 | Melba Creek Mining, Inc. | 1989-06-19 | 2018-11-30 | Owned
530225 | MCA 301 | Melba Creek Mining, Inc. | 1989-06-19 | 2018-11-30 | Owned
530226 | MCA 302 | Melba Creek Mining, Inc. | 1989-06-19 | 2018-11-30 | Owned
530227 | MCA 303 | Melba Creek Mining, Inc. | 1989-06-19 | 2018-11-30 | Owned
530228 | MCA 304 | Melba Creek Mining, Inc. | 1989-06-19 | 2018-11-30 | Owned
530229 | MCA 305 | Melba Creek Mining, Inc. | 1989-06-19 | 2018-11-30 | Owned
530230 | MCA 306 | Melba Creek Mining, Inc. | 1989-06-19 | 2018-11-30 | Owned
530231 | MCA 307 | Melba Creek Mining, Inc. | 1989-07-12 | 2018-11-30 | Owned
530232 | MCA 401 | Melba Creek Mining, Inc. | 1989-06-20 | 2018-11-30 | Owned
530233 | MCA 402 | Melba Creek Mining, Inc. | 1989-06-20 | 2018-11-30 | Owned
530234 | MCA 403 | Melba Creek Mining, Inc. | 1989-06-20 | 2018-11-30 | Owned
530235 | MCA 404 | Melba Creek Mining, Inc. | 1989-06-20 | 2018-11-30 | Owned
530236 | MCA 405 | Melba Creek Mining, Inc. | 1989-06-20 | 2018-11-30 | Owned
530237 | MCA 406 | Melba Creek Mining, Inc. | 1989-06-20 | 2018-11-30 | Owned
530238 | MCA 407 | Melba Creek Mining, Inc. | 1989-07-12 | 2018-11-30 | Owned
530239 | MCA 504 | Melba Creek Mining, Inc. | 1989-06-20 | 2018-11-30 | Owned
530240 | MCA 505 | Melba Creek Mining, Inc. | 1989-06-20 | 2018-11-30 | Owned
530241 | MCA 506 | Melba Creek Mining, Inc. | 1989-06-20 | 2018-11-30 | Owned
530242 | MCA 507 | Melba Creek Mining, Inc. | 1989-07-13 | 2018-11-30 | Owned
530243 | MCA 603 | Melba Creek Mining, Inc. | 1989-07-12 | 2018-11-30 | Owned

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Case ID | Claim Name | Registered Owners | Grant Date | Expiry Date | Interest
530244 | MCA 604 | Melba Creek Mining, Inc. | 1989-07-12 | 2018-11-30 | Owned
530245 | MCA 605 | Melba Creek Mining, Inc. | 1989-07-12 | 2018-11-30 | Owned
530246 | MCA 606 | Melba Creek Mining, Inc. | 1989-07-13 | 2018-11-30 | Owned
530247 | MCA 703 | Melba Creek Mining, Inc. | 1989-07-12 | 2018-11-30 | Owned
530248 | MCA 704 | Melba Creek Mining, Inc. | 1989-07-12 | 2018-11-30 | Owned
530249 | MCA 705 | Melba Creek Mining, Inc. | 1989-07-13 | 2018-11-30 | Owned
530250 | MCA 706 | Melba Creek Mining, Inc. | 1989-07-13 | 2018-11-30 | Owned
530251 | MCA 707 | Melba Creek Mining, Inc. | 1989-07-13 | 2018-11-30 | Owned
530252 | MCA 710 | Melba Creek Mining, Inc. | 1989-07-17 | 2018-11-30 | Owned
530253 | MCA 711 | Melba Creek Mining, Inc. | 1989-07-16 | 2018-11-30 | Owned
530254 | MCA 807 | Melba Creek Mining, Inc. | 1989-07-14 | 2018-11-30 | Owned
530255 | MCA 808 | Melba Creek Mining, Inc. | 1989-07-14 | 2018-11-30 | Owned
530256 | MCA 809 | Melba Creek Mining, Inc. | 1989-07-15 | 2018-11-30 | Owned
530257 | MCA 810 | Melba Creek Mining, Inc. | 1989-07-15 | 2018-11-30 | Owned
530258 | MCA 811 | Melba Creek Mining, Inc. | 1989-07-16 | 2018-11-30 | Owned
530259 | MCA 812 | Melba Creek Mining, Inc. | 1989-07-17 | 2018-11-30 | Owned
530260 | MCA 907 | Melba Creek Mining, Inc. | 1989-07-14 | 2018-11-30 | Owned
530261 | MCA 908 | Melba Creek Mining, Inc. | 1989-07-14 | 2018-11-30 | Owned
530262 | MCA 909 | Melba Creek Mining, Inc. | 1989-07-15 | 2018-11-30 | Owned
530263 | MCA 910 | Melba Creek Mining, Inc. | 1989-07-15 | 2018-11-30 | Owned
530264 | MCA 911 | Melba Creek Mining, Inc. | 1989-07-16 | 2018-11-30 | Owned
530265 | MCA 912 | Melba Creek Mining, Inc. | 1989-07-17 | 2018-11-30 | Owned
530266 | MCA 913 | Melba Creek Mining, Inc. | 1989-07-17 | 2018-11-30 | Owned
530267 | MCA 1009 | Melba Creek Mining, Inc. | 1989-07-15 | 2018-11-30 | Owned
530268 | MCA 1010 | Melba Creek Mining, Inc. | 1989-07-15 | 2018-11-30 | Owned
530269 | MCA 1011 | Melba Creek Mining, Inc. | 1989-07-16 | 2018-11-30 | Owned
530270 | MCA 1012 | Melba Creek Mining, Inc. | 1989-07-17 | 2018-11-30 | Owned
530271 | MCA 1013 | Melba Creek Mining, Inc. | 1989-07-17 | 2018-11-30 | Owned
530272 | MCA 1014 | Melba Creek Mining, Inc. | 1989-07-17 | 2018-11-30 | Owned
530273 | MCA 1110 | Melba Creek Mining, Inc. | 1989-07-16 | 2018-11-30 | Owned
530274 | MCA 1111 | Melba Creek Mining, Inc. | 1989-07-16 | 2018-11-30 | Owned
530275 | MCA 1112 | Melba Creek Mining, Inc. | 1989-07-16 | 2018-11-30 | Owned
530276 | MCA 1113 | Melba Creek Mining, Inc. | 1989-07-16 | 2018-11-30 | Owned
530277 | MCA 1114 | Melba Creek Mining, Inc. | 1989-07-16 | 2018-11-30 | Owned
530533 | NA 9 | Melba Creek Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
530541 | NA 202 | Melba Creek Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
530545 | NA 302 | Melba Creek Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
530549 | NA 402 | Melba Creek Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
530554 | NA 502 | Melba Creek Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
530559 | NA 602 | Melba Creek Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
530564 | NA 702 | Melba Creek Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
530569 | NA 802 | Melba Creek Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
530589 | GAG 80 | Melba Creek Mining, Inc. | 1989-10-05 | 2018-11-30 | Owned
530590 | GAG 81 | Melba Creek Mining, Inc. | 1989-10-01 | 2018-11-30 | Owned
530591 | GAG 82 | Melba Creek Mining, Inc. | 1989-10-01 | 2018-11-30 | Owned
530592 | GAG 90 | Melba Creek Mining, Inc. | 1989-10-05 | 2018-11-30 | Owned
530593 | GAG 91 | Melba Creek Mining, Inc. | 1989-09-30 | 2018-11-30 | Owned
530594 | GAG 92 | Melba Creek Mining, Inc. | 1989-10-01 | 2018-11-30 | Owned
530595 | GAG 93 | Melba Creek Mining, Inc. | 1989-10-05 | 2018-11-30 | Owned
530596 | GAG 94 | Melba Creek Mining, Inc. | 1989-10-05 | 2018-11-30 | Owned
530597 | GAG 95 | Melba Creek Mining, Inc. | 1989-10-05 | 2018-11-30 | Owned
530598 | GAG 100 | Melba Creek Mining, Inc. | 1989-10-05 | 2018-11-30 | Owned
530599 | GAG 101 | Melba Creek Mining, Inc. | 1989-09-30 | 2018-11-30 | Owned
530600 | GAG 102 | Melba Creek Mining, Inc. | 1989-10-01 | 2018-11-30 | Owned
530601 | GAG 103 | Melba Creek Mining, Inc. | 1989-10-01 | 2018-11-30 | Owned
530602 | GAG 104 | Melba Creek Mining, Inc. | 1989-10-05 | 2018-11-30 | Owned
530603 | GAG 105 | Melba Creek Mining, Inc. | 1989-10-05 | 2018-11-30 | Owned
530604 | GAG 200 | Melba Creek Mining, Inc. | 1989-09-30 | 2018-11-30 | Owned
530605 | GAG 201 | Melba Creek Mining, Inc. | 1989-09-29 | 2018-11-30 | Owned
530606 | GAG 202 | Melba Creek Mining, Inc. | 1989-10-01 | 2018-11-30 | Owned

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Case ID | Claim Name | Registered Owners | Grant Date | Expiry Date | Interest
530607 | GAG 203 | Melba Creek Mining, Inc. | 1989-10-01 | 2018-11-30 | Owned
530608 | GAG 204 | Melba Creek Mining, Inc. | 1989-10-01 | 2018-11-30 | Owned
530609 | GAG 205 | Melba Creek Mining, Inc. | 1989-10-01 | 2018-11-30 | Owned
530610 | GAG 300 | Melba Creek Mining, Inc. | 1989-09-30 | 2018-11-30 | Owned
530611 | GAG 301 | Melba Creek Mining, Inc. | 1989-09-29 | 2018-11-30 | Owned
530612 | GAG 302 | Melba Creek Mining, Inc. | 1989-09-30 | 2018-11-30 | Owned
530613 | GAG 303 | Melba Creek Mining, Inc. | 1989-09-30 | 2018-11-30 | Owned
530614 | GAG 304 | Melba Creek Mining, Inc. | 1989-10-01 | 2018-11-30 | Owned
530615 | GAG 305 | Melba Creek Mining, Inc. | 1989-10-01 | 2018-11-30 | Owned
530616 | GAG 400 | Melba Creek Mining, Inc. | 1989-09-29 | 2018-11-30 | Owned
530617 | GAG 401 | Melba Creek Mining, Inc. | 1989-09-28 | 2018-11-30 | Owned
530618 | GAG 402 | Melba Creek Mining, Inc. | 1989-09-29 | 2018-11-30 | Owned
530619 | GAG 403 | Melba Creek Mining, Inc. | 1989-09-30 | 2018-11-30 | Owned
530620 | GAG 404 | Melba Creek Mining, Inc. | 1989-09-30 | 2018-11-30 | Owned
530621 | GAG 405 | Melba Creek Mining, Inc. | 1989-09-30 | 2018-11-30 | Owned
530622 | GAG 500 | Melba Creek Mining, Inc. | 1989-09-29 | 2018-11-30 | Owned
530623 | GAG 501 | Melba Creek Mining, Inc. | 1989-09-28 | 2018-11-30 | Owned
530624 | GAG 502 | Melba Creek Mining, Inc. | 1989-09-30 | 2018-11-30 | Owned
530625 | GAG 503 | Melba Creek Mining, Inc. | 1989-09-29 | 2018-11-30 | Owned
530626 | GAG 504 | Melba Creek Mining, Inc. | 1989-09-29 | 2018-11-30 | Owned
530627 | GAG 505 | Melba Creek Mining, Inc. | 1989-09-29 | 2018-11-30 | Owned
530628 | GAG 600 | Melba Creek Mining, Inc. | 1989-09-28 | 2018-11-30 | Owned
530629 | GAG 601 | Melba Creek Mining, Inc. | 1989-09-28 | 2018-11-30 | Owned
530630 | GAG 602 | Melba Creek Mining, Inc. | 1989-09-28 | 2018-11-30 | Owned
530631 | GAG 603 | Melba Creek Mining, Inc. | 1989-09-28 | 2018-11-30 | Owned
530632 | GAG 604 | Melba Creek Mining, Inc. | 1989-09-28 | 2018-11-30 | Owned
530633 | GAG 605 | Melba Creek Mining, Inc. | 1989-09-29 | 2018-11-30 | Owned
530634 | GAG 700 | Melba Creek Mining, Inc. | 1989-09-28 | 2018-11-30 | Owned
530635 | GAG 701 | Melba Creek Mining, Inc. | 1989-09-28 | 2018-11-30 | Owned
530636 | GAG 702 | Melba Creek Mining, Inc. | 1989-09-28 | 2018-11-30 | Owned
530637 | GAG 703 | Melba Creek Mining, Inc. | 1989-09-28 | 2018-11-30 | Owned
530638 | GAG 704 | Melba Creek Mining, Inc. | 1989-09-29 | 2018-11-30 | Owned
530639 | GAG 705 | Melba Creek Mining, Inc. | 1989-09-29 | 2018-11-30 | Owned
530676 | DUO 604 | Melba Creek Mining, Inc. | 1989-09-20 | 2018-11-30 | Owned
530678 | DUO 611 | Melba Creek Mining, Inc. | 1989-09-20 | 2018-11-30 | Owned
530684 | DUO 705 | Melba Creek Mining, Inc. | 1989-09-20 | 2018-11-30 | Owned
530687 | DUO 708 | Melba Creek Mining, Inc. | 1989-09-21 | 2018-11-30 | Owned
530688 | DUO 711 | Melba Creek Mining, Inc. | 1989-09-20 | 2018-11-30 | Owned
530689 | DUO 805 | Melba Creek Mining, Inc. | 1989-09-21 | 2018-11-30 | Owned
530690 | DUO 806 | Melba Creek Mining, Inc. | 1989-09-21 | 2018-11-30 | Owned
530691 | DUO 807 | Melba Creek Mining, Inc. | 1989-09-21 | 2018-11-30 | Owned
530692 | DUO 808 | Melba Creek Mining, Inc. | 1989-09-21 | 2018-11-30 | Owned
530693 | DUO 809 | Melba Creek Mining, Inc. | 1989-09-21 | 2018-11-30 | Owned
530694 | DUO 810 | Melba Creek Mining, Inc. | 1989-09-22 | 2018-11-30 | Owned
530898 | Fort Knox #32 | Melba Creek Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
530899 | Fort Knox #33 | Melba Creek Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
530900 | Fort Knox #36 | Melba Creek Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
530901 | Fort Knox #51 | Melba Creek Mining, Inc. | 1982-10-19 | 2018-11-30 | Owned
530903 | Fort Knox #54 | Melba Creek Mining, Inc. | 1982-10-19 | 2018-11-30 | Owned
530904 | Fort Knox #55 | Melba Creek Mining, Inc. | 1982-10-19 | 2018-11-30 | Owned
531211 | IVORY JACK #1 | Fairbanks Gold Mining, Inc. | 1989-08-10 | 2018-11-30 | Owned
531607 | NA 100A | Melba Creek Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
531608 | NA 100B | Melba Creek Mining, Inc. | 1989-09-12 | 2018-11-30 | Owned
531609 | NA 200A | Melba Creek Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
531610 | NA 300A | Melba Creek Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
531611 | NA 400A | Melba Creek Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
531612 | NA 500A | Melba Creek Mining, Inc. | 1989-09-10 | 2018-11-30 | Owned
531613 | NA 600A | Melba Creek Mining, Inc. | 1989-09-10 | 2018-11-30 | Owned
531614 | NA 700A | Melba Creek Mining, Inc. | 1989-09-10 | 2018-11-30 | Owned
531615 | NA 800A | Melba Creek Mining, Inc. | 2011-05-25 | 2018-11-30 | Owned

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Case ID | Claim Name | Registered Owners | Grant Date | Expiry Date | Interest
531818 | FH 100 | Melba Creek Mining, Inc. | 1989-10-27 | 2018-11-30 | Owned
531819 | FH 101 | Melba Creek Mining, Inc. | 1989-10-27 | 2018-11-30 | Owned
531820 | FH 102 | Melba Creek Mining, Inc. | 1989-10-26 | 2018-11-30 | Owned
531821 | FH 103 | Melba Creek Mining, Inc. | 1989-10-27 | 2018-11-30 | Owned
531822 | FH 104 | Melba Creek Mining, Inc. | 1989-10-27 | 2018-11-30 | Owned
531823 | FH 105 | Melba Creek Mining, Inc. | 1989-10-27 | 2018-11-30 | Owned
531824 | FH 106 | Melba Creek Mining, Inc. | 1989-10-27 | 2018-11-30 | Owned
531825 | FH 107 | Melba Creek Mining, Inc. | 1989-10-27 | 2018-11-30 | Owned
531826 | FH 200 | Melba Creek Mining, Inc. | 1989-10-28 | 2018-11-30 | Owned
531827 | FH 201 | Melba Creek Mining, Inc. | 1989-10-28 | 2018-11-30 | Owned
531828 | FH 202 | Melba Creek Mining, Inc. | 1989-10-28 | 2018-11-30 | Owned
531829 | FH 203 | Melba Creek Mining, Inc. | 1989-10-28 | 2018-11-30 | Owned
531830 | FH 204 | Melba Creek Mining, Inc. | 1989-10-28 | 2018-11-30 | Owned
531831 | FH 205 | Melba Creek Mining, Inc. | 1989-10-29 | 2018-11-30 | Owned
531832 | FH 206 | Melba Creek Mining, Inc. | 1989-10-28 | 2018-11-30 | Owned
531833 | FH 207 | Melba Creek Mining, Inc. | 1989-10-28 | 2018-11-30 | Owned
531834 | FH 301 | Melba Creek Mining, Inc. | 1989-10-29 | 2018-11-30 | Owned
531835 | FH 302 | Melba Creek Mining, Inc. | 1989-10-28 | 2018-11-30 | Owned
531836 | FH 303 | Melba Creek Mining, Inc. | 1989-10-28 | 2018-11-30 | Owned
531837 | FH 304 | Melba Creek Mining, Inc. | 1989-10-28 | 2018-11-30 | Owned
531890 | Fort Knox #37 | Melba Creek Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
532357 | DUO 608 | Melba Creek Mining, Inc. | 1990-03-10 | 2018-11-30 | Owned
532358 | DUO 609 | Melba Creek Mining, Inc. | 1990-03-10 | 2018-11-30 | Owned
532359 | DUO 610 | Melba Creek Mining, Inc. | 1990-03-10 | 2018-11-30 | Owned
532360 | DUO 709 | Melba Creek Mining, Inc. | 1990-03-10 | 2018-11-30 | Owned
532361 | DUO 710 | Melba Creek Mining, Inc. | 1990-03-10 | 2018-11-30 | Owned
532362 | DUO 811 | Melba Creek Mining, Inc. | 1990-03-11 | 2018-11-30 | Owned
532363 | DUO 908 | Melba Creek Mining, Inc. | 1990-03-12 | 2018-11-30 | Owned
532364 | DUO 909 | Melba Creek Mining, Inc. | 1990-03-12 | 2018-11-30 | Owned
532365 | DUO 910 | Melba Creek Mining, Inc. | 1990-03-12 | 2018-11-30 | Owned
532536 | NUG 38 | Melba Creek Mining, Inc. | 1988-09-26 | 2018-11-30 | Owned
555818 | MCA Fraction No. 1 | Melba Creek Mining, Inc. | 1990-09-24 | 2018-11-30 | Owned
555819 | MCA Fraction No. 2 | Melba Creek Mining, Inc. | 1990-09-24 | 2018-11-30 | Owned
555820 | MCA Fraction No. 3 | Melba Creek Mining, Inc. | 1990-09-24 | 2018-11-30 | Owned
556057 | GIG 1 | Melba Creek Mining, Inc. | 1991-03-07 | 2018-11-30 | Owned
556058 | GIG 2 | Melba Creek Mining, Inc. | 1991-03-07 | 2018-11-30 | Owned
556059 | GIG 3 | Melba Creek Mining, Inc. | 1991-03-07 | 2018-11-30 | Owned
556060 | GIG 4 | Melba Creek Mining, Inc. | 1991-03-07 | 2018-11-30 | Owned
556061 | GIG 5 | Melba Creek Mining, Inc. | 1991-03-07 | 2018-11-30 | Owned
556062 | GIG 6 | Melba Creek Mining, Inc. | 1991-03-07 | 2018-11-30 | Owned
556063 | GIG 7 | Melba Creek Mining, Inc. | 1991-03-07 | 2018-11-30 | Owned
556064 | GIG 8 | Melba Creek Mining, Inc. | 1991-03-07 | 2018-11-30 | Owned
556065 | GIG 9 | Melba Creek Mining, Inc. | 1991-03-07 | 2018-11-30 | Owned
556066 | GIG 10 | Melba Creek Mining, Inc. | 1991-03-07 | 2018-11-30 | Owned
556067 | GIG 11 | Melba Creek Mining, Inc. | 1991-03-07 | 2018-11-30 | Owned
556068 | GIG 12 | Melba Creek Mining, Inc. | 1991-03-07 | 2018-11-30 | Owned
556069 | GIG 13 | Melba Creek Mining, Inc. | 1991-03-07 | 2018-11-30 | Owned
556070 | GIG 14 | Melba Creek Mining, Inc. | 1991-03-07 | 2018-11-30 | Owned
556071 | GIG 15 | Melba Creek Mining, Inc. | 1991-03-07 | 2018-11-30 | Owned
556072 | GIG 16 | Melba Creek Mining, Inc. | 1991-03-07 | 2018-11-30 | Owned
556073 | GIG 17 | Melba Creek Mining, Inc. | 1991-03-07 | 2018-11-30 | Owned
556074 | GIG 18 | Melba Creek Mining, Inc. | 1991-03-07 | 2018-11-30 | Owned
556075 | GIG 19 | Melba Creek Mining, Inc. | 1991-03-07 | 2018-11-30 | Owned
556076 | GIG 20 | Melba Creek Mining, Inc. | 1991-03-07 | 2018-11-30 | Owned
556077 | GIG 21 | Melba Creek Mining, Inc. | 1991-03-07 | 2018-11-30 | Owned
556078 | GIG 22 | Melba Creek Mining, Inc. | 1991-03-07 | 2018-11-30 | Owned
556079 | GIG 23 | Melba Creek Mining, Inc. | 1991-03-07 | 2018-11-30 | Owned
556080 | G.V. Fraction # 1 | Melba Creek Mining, Inc. | 1991-05-16 | 2018-11-30 | Owned
556081 | G.V. Fraction # 2 | Melba Creek Mining, Inc. | 1991-05-16 | 2018-11-30 | Owned
556082 | G.V. Fraction # 3 | Melba Creek Mining, Inc. | 1991-05-16 | 2018-11-30 | Owned

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Case ID | Claim Name | Registered Owners | Grant Date | Expiry Date | Interest
556083 | G.V. Fraction # 4 | Melba Creek Mining, Inc. | 1991-05-16 | 2018-11-30 | Owned
556084 | G.V. Fraction # 5 | Melba Creek Mining, Inc. | 1991-05-16 | 2018-11-30 | Owned
556085 | G.V. Fraction # 6 | Melba Creek Mining, Inc. | 1991-05-16 | 2018-11-30 | Owned
556086 | G.V. Fraction # 7 | Melba Creek Mining, Inc. | 1991-05-16 | 2018-11-30 | Owned
556087 | G.V. Fraction # 8 | Melba Creek Mining, Inc. | 1991-05-16 | 2018-11-30 | Owned
556088 | G.V. Fraction # 9 | Melba Creek Mining, Inc. | 1991-05-16 | 2018-11-30 | Owned
556089 | G.V. Fraction #10 | Melba Creek Mining, Inc. | 1991-05-16 | 2018-11-30 | Owned
556090 | G.V. Fraction #11 | Melba Creek Mining, Inc. | 1991-05-16 | 2018-11-30 | Owned
556091 | G. E. # 1 | Melba Creek Mining, Inc. | 1991-05-16 | 2018-11-30 | Owned
556092 | G. E. # 2 | Melba Creek Mining, Inc. | 1991-05-16 | 2018-11-30 | Owned
556093 | G. E. # 3 | Melba Creek Mining, Inc. | 1991-05-16 | 2018-11-30 | Owned
556094 | G. E. # 4 | Melba Creek Mining, Inc. | 1991-05-16 | 2018-11-30 | Owned
556342 | TN-1 | Fairbanks Gold Mining, Inc. | 1991-09-24 | 2018-11-30 | Owned
556343 | TN-2 | Fairbanks Gold Mining, Inc. | 1991-09-24 | 2018-11-30 | Owned
556344 | TN-3 | Fairbanks Gold Mining, Inc. | 1991-09-24 | 2018-11-30 | Owned
556345 | TN-4 | Fairbanks Gold Mining, Inc. | 1991-09-24 | 2018-11-30 | Owned
556346 | TN-5 | Fairbanks Gold Mining, Inc. | 1991-09-24 | 2018-11-30 | Owned
556347 | TN-6 | Fairbanks Gold Mining, Inc. | 1991-09-24 | 2018-11-30 | Owned
556348 | TN-7 | Fairbanks Gold Mining, Inc. | 1991-09-24 | 2018-11-30 | Owned
556349 | TN-8 | Fairbanks Gold Mining, Inc. | 1991-09-24 | 2018-11-30 | Owned
556350 | TN-9 | Fairbanks Gold Mining, Inc. | 1991-09-24 | 2018-11-30 | Owned
556351 | TN-10 | Fairbanks Gold Mining, Inc. | 1991-09-25 | 2018-11-30 | Owned
556352 | TN-11 | Fairbanks Gold Mining, Inc. | 1991-09-25 | 2018-11-30 | Owned
556505 | TN-12 | Fairbanks Gold Mining, Inc. | 1991-10-08 | 2018-11-30 | Owned
556506 | TN-13 | Fairbanks Gold Mining, Inc. | 1991-10-08 | 2018-11-30 | Owned
556507 | TN-14 | Fairbanks Gold Mining, Inc. | 1991-10-08 | 2018-11-30 | Owned
556508 | TN-15 | Fairbanks Gold Mining, Inc. | 1991-10-10 | 2018-11-30 | Owned
556509 | TN-16 | Fairbanks Gold Mining, Inc. | 1991-10-10 | 2018-11-30 | Owned
556510 | TN-17 | Fairbanks Gold Mining, Inc. | 1991-10-11 | 2018-11-30 | Owned
556511 | TN-18 | Fairbanks Gold Mining, Inc. | 1991-10-10 | 2018-11-30 | Owned
556512 | TN-19 | Fairbanks Gold Mining, Inc. | 1991-10-10 | 2018-11-30 | Owned
556513 | TN-20 | Fairbanks Gold Mining, Inc. | 1991-10-10 | 2018-11-30 | Owned
556514 | TN-21 | Fairbanks Gold Mining, Inc. | 1991-10-11 | 2018-11-30 | Owned
556515 | TN-22 | Fairbanks Gold Mining, Inc. | 1991-10-11 | 2018-11-30 | Owned
556516 | TN-23 | Fairbanks Gold Mining, Inc. | 1991-10-11 | 2018-11-30 | Owned
556517 | TN-24 | Fairbanks Gold Mining, Inc. | 1991-10-12 | 2018-11-30 | Owned
556719 | FY 29 | Fairbanks Gold Mining, Inc. | 1991-12-03 | 2018-11-30 | Owned
556811 | DUO 905 Fraction | Melba Creek Mining, Inc. | 1991-12-12 | 2018-11-30 | Owned
556812 | DUO 906 Fraction | Melba Creek Mining, Inc. | 1991-12-12 | 2018-11-30 | Owned
556813 | DUO 907 Fraction | Melba Creek Mining, Inc. | 1991-12-12 | 2018-11-30 | Owned
556911 | UB 1 Fraction | Fairbanks Gold Mining, Inc. | 1992-04-28 | 2018-11-30 | Owned
556912 | UB 2 Fraction | Fairbanks Gold Mining, Inc. | 1992-04-28 | 2018-11-30 | Owned
556913 | GD 403 | Fairbanks Gold Mining, Inc. | 1992-04-29 | 2018-11-30 | Owned
556914 | GD 503 | Fairbanks Gold Mining, Inc. | 1992-04-29 | 2018-11-30 | Owned
556915 | GIL 115 | Fairbanks Gold Mining, Inc. | 1992-04-15 | 2018-11-30 | Owned
556916 | GIL 116 | Fairbanks Gold Mining, Inc. | 1992-04-15 | 2018-11-30 | Owned
556917 | GIL 117 | Fairbanks Gold Mining, Inc. | 1992-04-15 | 2018-11-30 | Owned
556918 | GIL 118 | Fairbanks Gold Mining, Inc. | 1992-04-15 | 2018-11-30 | Owned
556919 | GIL 119 | Fairbanks Gold Mining, Inc. | 1992-04-01 | 2018-11-30 | Owned
556920 | GIL 120 | Fairbanks Gold Mining, Inc. | 1992-04-01 | 2018-11-30 | Owned
556921 | GIL 213 | Fairbanks Gold Mining, Inc. | 1992-04-14 | 2018-11-30 | Owned
556922 | GIL 214 | Fairbanks Gold Mining, Inc. | 1992-04-14 | 2018-11-30 | Owned
556923 | GIL 215 | Fairbanks Gold Mining, Inc. | 1992-04-14 | 2018-11-30 | Owned
556924 | GIL 216 | Fairbanks Gold Mining, Inc. | 1992-04-16 | 2018-11-30 | Owned
556925 | GIL 217 | Fairbanks Gold Mining, Inc. | 1992-04-13 | 2018-11-30 | Owned
556926 | GIL 312 | Fairbanks Gold Mining, Inc. | 1992-04-03 | 2018-11-30 | Owned
556927 | GIL 313 | Fairbanks Gold Mining, Inc. | 1992-04-03 | 2018-11-30 | Owned
556928 | GIL 314 | Fairbanks Gold Mining, Inc. | 1992-04-14 | 2018-11-30 | Owned
556929 | GIL 315 | Fairbanks Gold Mining, Inc. | 1992-04-14 | 2018-11-30 | Owned
556930 | GIL 316 | Fairbanks Gold Mining, Inc. | 1992-04-13 | 2018-11-30 | Owned

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Case ID | Claim Name | Registered Owners | Grant Date | Expiry Date | Interest
556931 | GIL 412 | Fairbanks Gold Mining, Inc. | 1992-04-03 | 2018-11-30 | Owned
556932 | GIL 413 | Fairbanks Gold Mining, Inc. | 1992-04-03 | 2018-11-30 | Owned
556933 | GIL 414 | Fairbanks Gold Mining, Inc. | 1992-04-13 | 2018-11-30 | Owned
556934 | GIL 415 | Fairbanks Gold Mining, Inc. | 1992-04-13 | 2018-11-30 | Owned
556935 | GIL 416 | Fairbanks Gold Mining, Inc. | 1992-04-13 | 2018-11-30 | Owned
556936 | GIL 512 | Fairbanks Gold Mining, Inc. | 1992-04-03 | 2018-11-30 | Owned
556937 | GIL 1017 | Fairbanks Gold Mining, Inc. | 1992-04-15 | 2018-11-30 | Owned
556938 | GIL 1018 | Fairbanks Gold Mining, Inc. | 1992-04-15 | 2018-11-30 | Owned
556939 | GIL 1019 | Fairbanks Gold Mining, Inc. | 1992-04-15 | 2018-11-30 | Owned
556940 | GIL 1020 | Fairbanks Gold Mining, Inc. | 1992-04-01 | 2018-11-30 | Owned
556941 | GIL 1021 | Fairbanks Gold Mining, Inc. | 1992-04-01 | 2018-11-30 | Owned
556942 | GIL 1121 | Fairbanks Gold Mining, Inc. | 1992-04-01 | 2018-11-30 | Owned
556943 | GIL 1221 | Fairbanks Gold Mining, Inc. | 1992-04-02 | 2018-11-30 | Owned
556944 | GIL 1222 | Fairbanks Gold Mining, Inc. | 1992-04-01 | 2018-11-30 | Owned
556945 | GIL 1223 | Fairbanks Gold Mining, Inc. | 1992-04-01 | 2018-11-30 | Owned
556946 | GIL 1321 | Fairbanks Gold Mining, Inc. | 1992-04-02 | 2018-11-30 | Owned
556947 | GIL 1322 | Fairbanks Gold Mining, Inc. | 1992-04-02 | 2018-11-30 | Owned
556948 | GIL 1323 | Fairbanks Gold Mining, Inc. | 1992-04-02 | 2018-11-30 | Owned
556949 | GIL 1324 | Fairbanks Gold Mining, Inc. | 1992-04-04 | 2018-11-30 | Owned
556950 | GIL 1424 | Fairbanks Gold Mining, Inc. | 1992-04-04 | 2018-11-30 | Owned
556951 | GIL 1425 | Fairbanks Gold Mining, Inc. | 1992-04-04 | 2018-11-30 | Owned
556952 | GIL 1524 | Fairbanks Gold Mining, Inc. | 1992-04-04 | 2018-11-30 | Owned
556953 | GIL 1525 | Fairbanks Gold Mining, Inc. | 1992-04-04 | 2018-11-30 | Owned
556954 | GIL 1526 | Fairbanks Gold Mining, Inc. | 1992-04-06 | 2018-11-30 | Owned
556955 | GIL 1527 | Fairbanks Gold Mining, Inc. | 1992-04-06 | 2018-11-30 | Owned
556956 | GIL 1528 | Fairbanks Gold Mining, Inc. | 1992-04-06 | 2018-11-30 | Owned
556957 | GIL 1529 | Fairbanks Gold Mining, Inc. | 1992-04-06 | 2018-11-30 | Owned
556958 | GIL 1530 | Fairbanks Gold Mining, Inc. | 1992-04-07 | 2018-11-30 | Owned
556959 | GIL 1531 | Fairbanks Gold Mining, Inc. | 1992-04-07 | 2018-11-30 | Owned
556960 | GIL 1532 | Fairbanks Gold Mining, Inc. | 1992-04-07 | 2018-11-30 | Owned
556961 | GIL 1533 | Fairbanks Gold Mining, Inc. | 1992-04-13 | 2018-11-30 | Owned
556962 | GIL 1632 | Fairbanks Gold Mining, Inc. | 1992-04-09 | 2018-11-30 | Owned
556963 | GIL 1633 | Fairbanks Gold Mining, Inc. | 1992-04-13 | 2018-11-30 | Owned
556964 | GIL 1732 | Fairbanks Gold Mining, Inc. | 1992-04-09 | 2018-11-30 | Owned
556965 | GIL 1733 | Fairbanks Gold Mining, Inc. | 1992-04-14 | 2018-11-30 | Owned
556966 | GIL 1734 | Fairbanks Gold Mining, Inc. | 1992-04-14 | 2018-11-30 | Owned
556967 | GIL 1832 | Fairbanks Gold Mining, Inc. | 1992-04-09 | 2018-11-30 | Owned
556968 | GIL 1833 | Fairbanks Gold Mining, Inc. | 1992-04-14 | 2018-11-30 | Owned
556969 | GIL 1834 | Fairbanks Gold Mining, Inc. | 1992-04-14 | 2018-11-30 | Owned
556970 | LC 1 | Fairbanks Gold Mining, Inc. | 1992-05-27 | 2018-11-30 | Owned
556971 | LC 2 | Fairbanks Gold Mining, Inc. | 1992-05-26 | 2018-11-30 | Owned
556972 | LC 3 | Fairbanks Gold Mining, Inc. | 1992-05-20 | 2018-11-30 | Owned
556973 | LC 4 | Fairbanks Gold Mining, Inc. | 1992-05-20 | 2018-11-30 | Owned
556974 | LC 5 | Fairbanks Gold Mining, Inc. | 1992-05-20 | 2018-11-30 | Owned
556975 | LC 6 | Fairbanks Gold Mining, Inc. | 1992-05-20 | 2018-11-30 | Owned
556976 | LC 7 | Fairbanks Gold Mining, Inc. | 1992-05-19 | 2018-11-30 | Owned
556977 | LC 8 | Fairbanks Gold Mining, Inc. | 1992-06-02 | 2018-11-30 | Owned
556978 | LC 9 | Fairbanks Gold Mining, Inc. | 1992-06-02 | 2018-11-30 | Owned
556979 | LC 10 | Fairbanks Gold Mining, Inc. | 1992-06-02 | 2018-11-30 | Owned
556980 | LC 11 | Fairbanks Gold Mining, Inc. | 1992-05-20 | 2018-11-30 | Owned
556981 | LC 12 | Fairbanks Gold Mining, Inc. | 1992-06-02 | 2018-11-30 | Owned
556982 | LC 13 | Fairbanks Gold Mining, Inc. | 1992-06-01 | 2018-11-30 | Owned
556983 | LC 14 | Fairbanks Gold Mining, Inc. | 1992-06-02 | 2018-11-30 | Owned
556984 | LC 15 | Fairbanks Gold Mining, Inc. | 1992-06-02 | 2018-11-30 | Owned
556985 | LC 16 | Fairbanks Gold Mining, Inc. | 1992-05-29 | 2018-11-30 | Owned
556986 | LC 17 | Fairbanks Gold Mining, Inc. | 1992-05-29 | 2018-11-30 | Owned
556987 | LC 18 | Fairbanks Gold Mining, Inc. | 1992-05-28 | 2018-11-30 | Owned
556988 | LC 19 | Fairbanks Gold Mining, Inc. | 1992-05-29 | 2018-11-30 | Owned
556989 | LC 20 | Fairbanks Gold Mining, Inc. | 1992-05-28 | 2018-11-30 | Owned
556990 | LC 21 | Fairbanks Gold Mining, Inc. | 1992-06-02 | 2018-11-30 | Owned

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Case ID | Claim Name | Registered Owners | Grant Date | Expiry Date | Interest
556991 | LC 22 | Fairbanks Gold Mining, Inc. | 1992-05-28 | 2018-11-30 | Owned
556992 | LC 23 | Fairbanks Gold Mining, Inc. | 1992-06-03 | 2018-11-30 | Owned
556993 | LC 24 | Fairbanks Gold Mining, Inc. | 1992-06-03 | 2018-11-30 | Owned
556994 | LC 25 | Fairbanks Gold Mining, Inc. | 1992-06-03 | 2018-11-30 | Owned
556995 | LC 26 | Fairbanks Gold Mining, Inc. | 1992-06-03 | 2018-11-30 | Owned
556996 | LC 27 | Fairbanks Gold Mining, Inc. | 1992-06-04 | 2018-11-30 | Owned
556997 | LC 28 | Fairbanks Gold Mining, Inc. | 1992-06-03 | 2018-11-30 | Owned
556998 | LC 29 | Fairbanks Gold Mining, Inc. | 1992-06-03 | 2018-11-30 | Owned
556999 | LC 30 | Fairbanks Gold Mining, Inc. | 1992-06-04 | 2018-11-30 | Owned
557000 | LC 31 | Fairbanks Gold Mining, Inc. | 1992-06-09 | 2018-11-30 | Owned
557001 | LC 32 | Fairbanks Gold Mining, Inc. | 1992-06-04 | 2018-11-30 | Owned
557002 | LC 33 | Fairbanks Gold Mining, Inc. | 1992-06-04 | 2018-11-30 | Owned
557003 | LC 34 | Fairbanks Gold Mining, Inc. | 1992-06-04 | 2018-11-30 | Owned
557004 | LC 35 | Fairbanks Gold Mining, Inc. | 1992-06-09 | 2018-11-30 | Owned
557005 | LC 36 | Fairbanks Gold Mining, Inc. | 1992-06-04 | 2018-11-30 | Owned
557006 | LC 37 | Fairbanks Gold Mining, Inc. | 1992-06-04 | 2018-11-30 | Owned
557593 | TAT 71 | Fairbanks Gold Mining, Inc. | 1992-10-11 | 2018-11-30 | Owned
557594 | TAT 72 | Fairbanks Gold Mining, Inc. | 1992-10-11 | 2018-11-30 | Owned
557851 | GIL 927 | Fairbanks Gold Mining, Inc. | 1992-10-30 | 2018-11-30 | Owned
557852 | GIL 928 | Fairbanks Gold Mining, Inc. | 1992-10-30 | 2018-11-30 | Owned
557853 | GIL 1022 | Fairbanks Gold Mining, Inc. | 1992-10-28 | 2018-11-30 | Owned
557854 | GIL 1023 | Fairbanks Gold Mining, Inc. | 1992-10-28 | 2018-11-30 | Owned
557855 | GIL 1024 | Fairbanks Gold Mining, Inc. | 1992-10-28 | 2018-11-30 | Owned
557856 | GIL 1025 | Fairbanks Gold Mining, Inc. | 1992-10-28 | 2018-11-30 | Owned
557857 | GIL 1026 | Fairbanks Gold Mining, Inc. | 1992-11-11 | 2018-11-30 | Owned
557858 | GIL 1027 | Fairbanks Gold Mining, Inc. | 1992-11-12 | 2018-11-30 | Owned
557859 | GIL 1028 | Fairbanks Gold Mining, Inc. | 1992-11-12 | 2018-11-30 | Owned
557860 | GIL 1122 | Fairbanks Gold Mining, Inc. | 1992-11-04 | 2018-11-30 | Owned
557861 | GIL 1123 | Fairbanks Gold Mining, Inc. | 1992-11-04 | 2018-11-30 | Owned
557862 | GIL 1124 | Fairbanks Gold Mining, Inc. | 1992-11-04 | 2018-11-30 | Owned
557863 | GIL 1125 | Fairbanks Gold Mining, Inc. | 1992-11-04 | 2018-11-30 | Owned
557864 | GIL 1126 | Fairbanks Gold Mining, Inc. | 1992-11-04 | 2018-11-30 | Owned
557865 | GIL 1127 | Fairbanks Gold Mining, Inc. | 1992-11-04 | 2018-11-30 | Owned
557866 | GIL 1128 | Fairbanks Gold Mining, Inc. | 1992-11-04 | 2018-11-30 | Owned
557867 | GIL 1224 | Fairbanks Gold Mining, Inc. | 1992-11-10 | 2018-11-30 | Owned
557868 | GIL 1225 | Fairbanks Gold Mining, Inc. | 1992-11-10 | 2018-11-30 | Owned
557869 | GIL 1226 | Fairbanks Gold Mining, Inc. | 1992-11-10 | 2018-11-30 | Owned
557870 | GIL 1227 | Fairbanks Gold Mining, Inc. | 1992-11-10 | 2018-11-30 | Owned
557871 | GIL 1228 | Fairbanks Gold Mining, Inc. | 1992-11-10 | 2018-11-30 | Owned
557872 | GIL 1325 | Fairbanks Gold Mining, Inc. | 1992-11-09 | 2018-11-30 | Owned
557873 | GIL 1326 | Fairbanks Gold Mining, Inc. | 1992-11-09 | 2018-11-30 | Owned
557874 | GIL 1327 | Fairbanks Gold Mining, Inc. | 1992-11-09 | 2018-11-30 | Owned
557875 | GIL 1328 | Fairbanks Gold Mining, Inc. | 1992-11-09 | 2018-11-30 | Owned
557876 | GIL 1426 | Fairbanks Gold Mining, Inc. | 1992-11-09 | 2018-11-30 | Owned
557877 | GIL 1427 | Fairbanks Gold Mining, Inc. | 1992-11-09 | 2018-11-30 | Owned
557878 | GIL 1428 | Fairbanks Gold Mining, Inc. | 1992-11-09 | 2018-11-30 | Owned
557879 | GIL 1825 | Fairbanks Gold Mining, Inc. | 1992-12-15 | 2018-11-30 | Owned
557880 | GIL 1920 | Fairbanks Gold Mining, Inc. | 1992-12-14 | 2018-11-30 | Owned
557881 | GIL 1921 | Fairbanks Gold Mining, Inc. | 1992-12-14 | 2018-11-30 | Owned
557882 | GIL 1922 | Fairbanks Gold Mining, Inc. | 1992-12-14 | 2018-11-30 | Owned
557883 | GIL 1923 | Fairbanks Gold Mining, Inc. | 1992-12-14 | 2018-11-30 | Owned
557884 | GIL 1924 | Fairbanks Gold Mining, Inc. | 1992-12-14 | 2018-11-30 | Owned
557885 | GIL 1925 | Fairbanks Gold Mining, Inc. | 1992-12-11 | 2018-11-30 | Owned
557886 | GIL 1930 | Fairbanks Gold Mining, Inc. | 1992-12-15 | 2018-11-30 | Owned
557887 | GIL 2024 | Fairbanks Gold Mining, Inc. | 1992-12-14 | 2018-11-30 | Owned
557888 | GIL 2025 | Fairbanks Gold Mining, Inc. | 1992-12-11 | 2018-11-30 | Owned
557889 | GIL 2026 | Fairbanks Gold Mining, Inc. | 1992-12-15 | 2018-11-30 | Owned
557890 | GIL 2027 | Fairbanks Gold Mining, Inc. | 1992-12-15 | 2018-11-30 | Owned
557891 | GIL 2028 | Fairbanks Gold Mining, Inc. | 1992-12-15 | 2018-11-30 | Owned
557892 | GIL 2029 | Fairbanks Gold Mining, Inc. | 1992-12-15 | 2018-11-30 | Owned

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Case ID | Claim Name | Registered Owners | Grant Date | Expiry Date | Interest
557893 | GIL 2030 | Fairbanks Gold Mining, Inc. | 1992-12-15 | 2018-11-30 | Owned
557894 | Goodsight Fractile | Fairbanks Gold Mining, Inc. | 1992-11-13 | 2018-11-30 | Owned
557895 | Hind Sight Fractile 1A | Fairbanks Gold Mining, Inc. | 1992-11-13 | 2018-11-30 | Owned
557896 | Hind Sight Fractile 2A | Fairbanks Gold Mining, Inc. | 1992-11-13 | 2018-11-30 | Owned
557897 | Hind Sight Fractile 3A | Fairbanks Gold Mining, Inc. | 1992-11-13 | 2018-11-30 | Owned
557898 | Hind Sight Fractile 4A | Fairbanks Gold Mining, Inc. | 1992-11-13 | 2018-11-30 | Owned
557964 | DUO 911 Fraction | Fairbanks Gold Mining, Inc. | 1993-02-11 | 2018-11-30 | Owned
557967 | DUO 612 | Fairbanks Gold Mining, Inc. | 1993-02-17 | 2018-11-30 | Owned
557968 | DUO 613 | Fairbanks Gold Mining, Inc. | 1993-02-17 | 2018-11-30 | Owned
557969 | Sliver 1 | Fairbanks Gold Mining, Inc. | 1993-03-02 | 2018-11-30 | Owned
557970 | Sliver 2 | Fairbanks Gold Mining, Inc. | 1993-03-02 | 2018-11-30 | Owned
557971 | Sliver 3 | Fairbanks Gold Mining, Inc. | 1993-03-01 | 2018-11-30 | Owned
557972 | Sliver 4 | Fairbanks Gold Mining, Inc. | 1993-03-02 | 2018-11-30 | Owned
557973 | Sliver 5 | Fairbanks Gold Mining, Inc. | 1993-02-22 | 2018-11-30 | Owned
557974 | Sliver 6 | Fairbanks Gold Mining, Inc. | 1993-03-01 | 2018-11-30 | Owned
557987 | GIL 1933 | Fairbanks Gold Mining, Inc. | 1993-04-03 | 2018-11-30 | Owned
557988 | GIL 1934 | Fairbanks Gold Mining, Inc. | 1993-04-03 | 2018-11-30 | Owned
557989 | GIL 1935 | Fairbanks Gold Mining, Inc. | 1993-04-02 | 2018-11-30 | Owned
557990 | GIL 1936 | Fairbanks Gold Mining, Inc. | 1993-04-03 | 2018-11-30 | Owned
557991 | GIL 2033 | Fairbanks Gold Mining, Inc. | 1993-04-03 | 2018-11-30 | Owned
557992 | GIL 2034 | Fairbanks Gold Mining, Inc. | 1993-04-03 | 2018-11-30 | Owned
557993 | GIL 2035 | Fairbanks Gold Mining, Inc. | 1993-04-03 | 2018-11-30 | Owned
557994 | GIL 2036 | Fairbanks Gold Mining, Inc. | 1993-04-03 | 2018-11-30 | Owned
557995 | GIL 2037 | Fairbanks Gold Mining, Inc. | 1993-04-03 | 2018-11-30 | Owned
557996 | GIL 2133 | Fairbanks Gold Mining, Inc. | 1993-04-03 | 2018-11-30 | Owned
557997 | GIL 2134 | Fairbanks Gold Mining, Inc. | 1993-04-07 | 2018-11-30 | Owned
557998 | GIL 2135 | Fairbanks Gold Mining, Inc. | 1993-04-07 | 2018-11-30 | Owned
557999 | GIL 2136 | Fairbanks Gold Mining, Inc. | 1993-04-07 | 2018-11-30 | Owned
558000 | GIL 2137 | Fairbanks Gold Mining, Inc. | 1993-04-04 | 2018-11-30 | Owned
558001 | GIL 2234 | Fairbanks Gold Mining, Inc. | 1993-04-09 | 2018-11-30 | Owned
558002 | GIL 2235 | Fairbanks Gold Mining, Inc. | 1993-04-09 | 2018-11-30 | Owned
558003 | GIL 2236 | Fairbanks Gold Mining, Inc. | 1993-04-08 | 2018-11-30 | Owned
558004 | GIL 2237 | Fairbanks Gold Mining, Inc. | 1993-04-04 | 2018-11-30 | Owned
558005 | GIL 2238 | Fairbanks Gold Mining, Inc. | 1993-04-04 | 2018-11-30 | Owned
558006 | GIL 2334 | Fairbanks Gold Mining, Inc. | 1993-04-10 | 2018-11-30 | Owned
558007 | GIL 2335 | Fairbanks Gold Mining, Inc. | 1993-04-10 | 2018-11-30 | Owned
558008 | GIL 2336 | Fairbanks Gold Mining, Inc. | 1993-04-10 | 2018-11-30 | Owned
558009 | GIL 2337 | Fairbanks Gold Mining, Inc. | 1993-04-04 | 2018-11-30 | Owned
558010 | GIL 2338 | Fairbanks Gold Mining, Inc. | 1993-04-04 | 2018-11-30 | Owned
558011 | GIL 2435 | Fairbanks Gold Mining, Inc. | 1993-04-11 | 2018-11-30 | Owned
558012 | GIL 2436 | Fairbanks Gold Mining, Inc. | 1993-04-11 | 2018-11-30 | Owned
558335 | Phil 1 | Fairbanks Gold Mining, Inc. | 1993-08-12 | 2018-11-30 | Owned
558336 | Phil 2 | Fairbanks Gold Mining, Inc. | 1993-08-17 | 2018-11-30 | Owned
558337 | Phil 3 | Fairbanks Gold Mining, Inc. | 1993-08-22 | 2018-11-30 | Owned
558338 | Phil 4 | Fairbanks Gold Mining, Inc. | 1993-08-22 | 2018-11-30 | Owned
558339 | Phil 5 | Fairbanks Gold Mining, Inc. | 1993-08-22 | 2018-11-30 | Owned
558340 | Phil 6 | Fairbanks Gold Mining, Inc. | 1993-08-12 | 2018-11-30 | Owned
558341 | Phil 7 | Fairbanks Gold Mining, Inc. | 1993-08-17 | 2018-11-30 | Owned
558342 | Phil 8 | Fairbanks Gold Mining, Inc. | 1993-08-23 | 2018-11-30 | Owned
558343 | Phil 9 | Fairbanks Gold Mining, Inc. | 1993-08-26 | 2018-11-30 | Owned
558344 | Phil 10 | Fairbanks Gold Mining, Inc. | 1993-08-26 | 2018-11-30 | Owned
558345 | Phil 11 | Fairbanks Gold Mining, Inc. | 1993-08-12 | 2018-11-30 | Owned
558346 | Phil 12 | Fairbanks Gold Mining, Inc. | 1993-08-17 | 2018-11-30 | Owned
558347 | Phil 13 | Fairbanks Gold Mining, Inc. | 1993-08-23 | 2018-11-30 | Owned
558348 | Phil 14 | Fairbanks Gold Mining, Inc. | 1993-08-26 | 2018-11-30 | Owned
558349 | Phil 15 | Fairbanks Gold Mining, Inc. | 1993-08-30 | 2018-11-30 | Owned
558350 | Phil 16 | Fairbanks Gold Mining, Inc. | 1993-08-12 | 2018-11-30 | Owned
558351 | Phil 17 | Fairbanks Gold Mining, Inc. | 1993-08-17 | 2018-11-30 | Owned
558352 | Phil 18 | Fairbanks Gold Mining, Inc. | 1993-08-25 | 2018-11-30 | Owned
558353 | Phil 19 | Fairbanks Gold Mining, Inc. | 1993-08-30 | 2018-11-30 | Owned

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Case ID | Claim Name | Registered Owners | Grant Date | Expiry Date | Interest
558354 | Phil 20 | Fairbanks Gold Mining, Inc. | 1993-08-30 | 2018-11-30 | Owned
558355 | Phil 21 | Fairbanks Gold Mining, Inc. | 1993-08-12 | 2018-11-30 | Owned
558356 | Phil 22 | Fairbanks Gold Mining, Inc. | 1993-08-17 | 2018-11-30 | Owned
558357 | Phil 23 | Fairbanks Gold Mining, Inc. | 1993-08-25 | 2018-11-30 | Owned
558358 | Phil 24 | Fairbanks Gold Mining, Inc. | 1993-08-30 | 2018-11-30 | Owned
558359 | Phil 25 | Fairbanks Gold Mining, Inc. | 1993-08-30 | 2018-11-30 | Owned
558360 | Phil 26 | Fairbanks Gold Mining, Inc. | 1993-08-12 | 2018-11-30 | Owned
558361 | Phil 27 | Fairbanks Gold Mining, Inc. | 1993-08-17 | 2018-11-30 | Owned
558362 | Phil 28 | Fairbanks Gold Mining, Inc. | 1993-08-25 | 2018-11-30 | Owned
558363 | Phil 29 | Fairbanks Gold Mining, Inc. | 1993-08-30 | 2018-11-30 | Owned
558364 | Phil 30 | Fairbanks Gold Mining, Inc. | 1993-08-30 | 2018-11-30 | Owned
559011 | South Slope 14 | Fairbanks Gold Mining, Inc. | 1994-06-27 | 2018-11-30 | Owned
559378 | South Slope 17 | Fairbanks Gold Mining, Inc. | 1994-10-07 | 2018-11-30 | Owned
559379 | South Slope 18 | Fairbanks Gold Mining, Inc. | 1994-10-07 | 2018-11-30 | Owned
559380 | South Slope 19 | Fairbanks Gold Mining, Inc. | 1994-10-07 | 2018-11-30 | Owned
559381 | South Slope 20 | Fairbanks Gold Mining, Inc. | 1994-09-15 | 2018-11-30 | Owned
559382 | South Slope 21 | Fairbanks Gold Mining, Inc. | 1994-10-01 | 2018-11-30 | Owned
559383 | South Slope 22 | Fairbanks Gold Mining, Inc. | 1994-10-06 | 2018-11-30 | Owned
559384 | South Slope 23 | Fairbanks Gold Mining, Inc. | 1994-10-06 | 2018-11-30 | Owned
559385 | South Slope 24 | Fairbanks Gold Mining, Inc. | 1994-10-06 | 2018-11-30 | Owned
559386 | South Slope 25 | Fairbanks Gold Mining, Inc. | 1994-10-06 | 2018-11-30 | Owned
559387 | South Slope 26 | Fairbanks Gold Mining, Inc. | 1994-09-15 | 2018-11-30 | Owned
559388 | South Slope 27 | Fairbanks Gold Mining, Inc. | 1994-10-01 | 2018-11-30 | Owned
559389 | South Slope 28 | Fairbanks Gold Mining, Inc. | 1994-10-05 | 2018-11-30 | Owned
559390 | South Slope 29 | Fairbanks Gold Mining, Inc. | 1994-10-05 | 2018-11-30 | Owned
559391 | South Slope 30 | Fairbanks Gold Mining, Inc. | 1994-10-05 | 2018-11-30 | Owned
559392 | South Slope 31 | Fairbanks Gold Mining, Inc. | 1994-10-05 | 2018-11-30 | Owned
559393 | South Slope 32 | Fairbanks Gold Mining, Inc. | 1994-09-15 | 2018-11-30 | Owned
559394 | South Slope 33 | Fairbanks Gold Mining, Inc. | 1994-10-01 | 2018-11-30 | Owned
559395 | South Slope 34 | Fairbanks Gold Mining, Inc. | 1994-09-30 | 2018-11-30 | Owned
559396 | South Slope 35 | Fairbanks Gold Mining, Inc. | 1994-09-30 | 2018-11-30 | Owned
559397 | South Slope 36 | Fairbanks Gold Mining, Inc. | 1994-09-30 | 2018-11-30 | Owned
559398 | South Slope 37 | Fairbanks Gold Mining, Inc. | 1994-09-30 | 2018-11-30 | Owned
559399 | South Slope 38 | Fairbanks Gold Mining, Inc. | 1994-09-15 | 2018-11-30 | Owned
559400 | South Slope 39 | Fairbanks Gold Mining, Inc. | 1994-09-27 | 2018-11-30 | Owned
559401 | South Slope 40 | Fairbanks Gold Mining, Inc. | 1994-09-27 | 2018-11-30 | Owned
559402 | South Slope 41 | Fairbanks Gold Mining, Inc. | 1994-10-02 | 2018-11-30 | Owned
559403 | South Slope 42 | Fairbanks Gold Mining, Inc. | 1994-10-02 | 2018-11-30 | Owned
559404 | South Slope 43 | Fairbanks Gold Mining, Inc. | 1994-11-03 | 2018-11-30 | Owned
559405 | South Slope 44 | Fairbanks Gold Mining, Inc. | 1994-11-04 | 2018-11-30 | Owned
559406 | South Slope 50 | Fairbanks Gold Mining, Inc. | 1994-10-28 | 2018-11-30 | Owned
559407 | South Slope 51 | Fairbanks Gold Mining, Inc. | 1994-11-03 | 2018-11-30 | Owned
559408 | South Slope 52 | Fairbanks Gold Mining, Inc. | 1994-11-04 | 2018-11-30 | Owned
559409 | South Slope 55 | Fairbanks Gold Mining, Inc. | 1994-10-28 | 2018-11-30 | Owned
559410 | South Slope 56 | Fairbanks Gold Mining, Inc. | 1994-11-02 | 2018-11-30 | Owned
559411 | South Slope 57 | Fairbanks Gold Mining, Inc. | 1994-11-04 | 2018-11-30 | Owned
559412 | South Slope 61 | Fairbanks Gold Mining, Inc. | 1994-10-28 | 2018-11-30 | Owned
559413 | South Slope 62 | Fairbanks Gold Mining, Inc. | 1994-11-02 | 2018-11-30 | Owned
559414 | South Slope 63 | Fairbanks Gold Mining, Inc. | 1994-11-04 | 2018-11-30 | Owned
559415 | South Slope 64 | Fairbanks Gold Mining, Inc. | 1994-11-14 | 2018-11-30 | Owned
559416 | South Slope 65 | Fairbanks Gold Mining, Inc. | 1994-11-25 | 2018-11-30 | Owned
559417 | South Slope 66 | Fairbanks Gold Mining, Inc. | 1994-11-26 | 2018-11-30 | Owned
559418 | South Slope 68 | Fairbanks Gold Mining, Inc. | 1994-11-02 | 2018-11-30 | Owned
559419 | South Slope 69 | Fairbanks Gold Mining, Inc. | 1994-11-03 | 2018-11-30 | Owned
559420 | South Slope 70 | Fairbanks Gold Mining, Inc. | 1994-11-12 | 2018-11-30 | Owned
559421 | South Slope 71 | Fairbanks Gold Mining, Inc. | 1994-11-15 | 2018-11-30 | Owned
559422 | South Slope 80 | Fairbanks Gold Mining, Inc. | 1994-11-02 | 2018-11-30 | Owned
559423 | South Slope 81 | Fairbanks Gold Mining, Inc. | 1994-11-03 | 2018-11-30 | Owned
559424 | South Slope 82 | Fairbanks Gold Mining, Inc. | 1994-11-14 | 2018-11-30 | Owned
559425 | South Slope 83 | Fairbanks Gold Mining, Inc. | 1994-11-23 | 2018-11-30 | Owned

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Case ID | Claim Name | Registered Owners | Grant Date | Expiry Date | Interest
559426 | South Slope 92 | Fairbanks Gold Mining, Inc. | 1994-10-13 | 2018-11-30 | Owned
559427 | South Slope 93 | Fairbanks Gold Mining, Inc. | 1994-10-13 | 2018-11-30 | Owned
559428 | South Slope 94 | Fairbanks Gold Mining, Inc. | 1994-10-13 | 2018-11-30 | Owned
559429 | South Slope 95 | Fairbanks Gold Mining, Inc. | 1994-10-13 | 2018-11-30 | Owned
559430 | South Slope 96 | Fairbanks Gold Mining, Inc. | 1994-10-11 | 2018-11-30 | Owned
559431 | South Slope 97 | Fairbanks Gold Mining, Inc. | 1994-10-12 | 2018-11-30 | Owned
559432 | South Slope 98 | Fairbanks Gold Mining, Inc. | 1994-10-07 | 2018-11-30 | Owned
559433 | South Slope 99 | Fairbanks Gold Mining, Inc. | 1994-10-07 | 2018-11-30 | Owned
559434 | South Slope 100 | Fairbanks Gold Mining, Inc. | 1994-10-07 | 2018-11-30 | Owned
559435 | South Slope 101 | Fairbanks Gold Mining, Inc. | 1994-10-07 | 2018-11-30 | Owned
559445 | South Slope 131A | Fairbanks Gold Mining, Inc. | 1994-10-12 | 2018-11-30 | Owned
559446 | South Slope 131 | Fairbanks Gold Mining, Inc. | 1994-10-03 | 2018-11-30 | Owned
559447 | South Slope 132 | Fairbanks Gold Mining, Inc. | 1994-10-03 | 2018-11-30 | Owned
559448 | South Slope 133 | Fairbanks Gold Mining, Inc. | 1994-10-03 | 2018-11-30 | Owned
559449 | South Slope 134 | Fairbanks Gold Mining, Inc. | 1994-10-03 | 2018-11-30 | Owned
559454 | South Slope 139 | Fairbanks Gold Mining, Inc. | 1994-09-30 | 2018-11-30 | Owned
559459 | South Slope 144 | Fairbanks Gold Mining, Inc. | 1994-09-30 | 2018-11-30 | Owned
559460 | JJP 31 | Fairbanks Gold Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
559461 | JJP 32 | Fairbanks Gold Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
559462 | JJP 33 | Fairbanks Gold Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
559463 | JJP 500A | Fairbanks Gold Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
559578 | TN-47 | Fairbanks Gold Mining, Inc. | 1994-10-07 | 2018-11-30 | Owned
559579 | TN-48 | Fairbanks Gold Mining, Inc. | 1994-10-07 | 2018-11-30 | Owned
559580 | TN-53 | Fairbanks Gold Mining, Inc. | 1994-10-07 | 2018-11-30 | Owned
559581 | TN-54 | Fairbanks Gold Mining, Inc. | 1994-10-07 | 2018-11-30 | Owned
559582 | TN-55 | Fairbanks Gold Mining, Inc. | 1994-10-07 | 2018-11-30 | Owned
559583 | TN-56 | Fairbanks Gold Mining, Inc. | 1994-10-07 | 2018-11-30 | Owned
559584 | TN-57 | Fairbanks Gold Mining, Inc. | 1994-11-01 | 2018-11-30 | Owned
559722 | TN-68 | Fairbanks Gold Mining, Inc. | 1994-10-15 | 2018-11-30 | Owned
559723 | TN-69 | Fairbanks Gold Mining, Inc. | 1995-02-06 | 2018-11-30 | Owned
559725 | TN-71 | Fairbanks Gold Mining, Inc. | 1995-02-13 | 2018-11-30 | Owned
559726 | TN-72 | Fairbanks Gold Mining, Inc. | 1995-02-14 | 2018-11-30 | Owned
559727 | TN-73 | Fairbanks Gold Mining, Inc. | 1995-02-13 | 2018-11-30 | Owned
559728 | TN-74 | Fairbanks Gold Mining, Inc. | 1995-02-14 | 2018-11-30 | Owned
559729 | TN-75 | Fairbanks Gold Mining, Inc. | 1995-02-09 | 2018-11-30 | Owned
559730 | TN-76 | Fairbanks Gold Mining, Inc. | 1995-02-09 | 2018-11-30 | Owned
559731 | TN-77 | Fairbanks Gold Mining, Inc. | 1995-02-09 | 2018-11-30 | Owned
559732 | TN-78 | Fairbanks Gold Mining, Inc. | 1995-02-09 | 2018-11-30 | Owned
559733 | TN-79 | Fairbanks Gold Mining, Inc. | 1995-02-13 | 2018-11-30 | Owned
559734 | TN-80 | Fairbanks Gold Mining, Inc. | 1995-02-08 | 2018-11-30 | Owned
559735 | TN-81 | Fairbanks Gold Mining, Inc. | 1995-02-16 | 2018-11-30 | Owned
559736 | TN-82 | Fairbanks Gold Mining, Inc. | 1995-02-15 | 2018-11-30 | Owned
559737 | TN-83 | Fairbanks Gold Mining, Inc. | 1995-02-15 | 2018-11-30 | Owned
559738 | South Slope 45 | Fairbanks Gold Mining, Inc. | 1994-12-13 | 2018-11-30 | Owned
559739 | South Slope 46 | Fairbanks Gold Mining, Inc. | 1995-01-10 | 2018-11-30 | Owned
559740 | South Slope 47 | Fairbanks Gold Mining, Inc. | 1994-12-12 | 2018-11-30 | Owned
559741 | South Slope 48 | Fairbanks Gold Mining, Inc. | 1994-12-09 | 2018-11-30 | Owned
559742 | South Slope 49 | Fairbanks Gold Mining, Inc. | 1994-12-09 | 2018-11-30 | Owned
559743 | South Slope 53 | Fairbanks Gold Mining, Inc. | 1994-12-13 | 2018-11-30 | Owned
559744 | South Slope 54 | Fairbanks Gold Mining, Inc. | 1994-12-22 | 2018-11-30 | Owned
559745 | South Slope 58 | Fairbanks Gold Mining, Inc. | 1994-12-13 | 2018-11-30 | Owned
559746 | South Slope 59 | Fairbanks Gold Mining, Inc. | 1994-12-22 | 2018-11-30 | Owned
559747 | South Slope 60 | Fairbanks Gold Mining, Inc. | 1995-01-20 | 2018-11-30 | Owned
559748 | South Slope 67 | Fairbanks Gold Mining, Inc. | 1995-01-17 | 2018-11-30 | Owned
559749 | South Slope 72 | Fairbanks Gold Mining, Inc. | 1994-12-21 | 2018-11-30 | Owned
559750 | South Slope 73 | Fairbanks Gold Mining, Inc. | 1995-01-17 | 2018-11-30 | Owned
559751 | South Slope 74 | Fairbanks Gold Mining, Inc. | 1995-01-17 | 2018-11-30 | Owned
559752 | South Slope 75 | Fairbanks Gold Mining, Inc. | 1995-01-18 | 2018-11-30 | Owned
559753 | South Slope 76 | Fairbanks Gold Mining, Inc. | 1995-01-18 | 2018-11-30 | Owned
559754 | South Slope 77 | Fairbanks Gold Mining, Inc. | 1995-01-21 | 2018-11-30 | Owned

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Case ID | Claim Name | Registered Owners | Grant Date | Expiry Date | Interest
559755 | South Slope 78 | Fairbanks Gold Mining, Inc. | 1995-01-30 | 2018-11-30 | Owned
559756 | South Slope 79 | Fairbanks Gold Mining, Inc. | 1995-01-30 | 2018-11-30 | Owned
559757 | South Slope 84 | Fairbanks Gold Mining, Inc. | 1994-12-20 | 2018-11-30 | Owned
559758 | South Slope 85 | Fairbanks Gold Mining, Inc. | 1995-01-17 | 2018-11-30 | Owned
559759 | South Slope 86 | Fairbanks Gold Mining, Inc. | 1995-01-18 | 2018-11-30 | Owned
559760 | South Slope 87 | Fairbanks Gold Mining, Inc. | 1995-01-19 | 2018-11-30 | Owned
559761 | South Slope 88 | Fairbanks Gold Mining, Inc. | 1995-01-19 | 2018-11-30 | Owned
559762 | South Slope 89 | Fairbanks Gold Mining, Inc. | 1995-01-26 | 2018-11-30 | Owned
559763 | South Slope 90 | Fairbanks Gold Mining, Inc. | 1995-02-01 | 2018-11-30 | Owned
559764 | South Slope 91 | Fairbanks Gold Mining, Inc. | 1995-02-01 | 2018-11-30 | Owned
559765 | South Slope 102 | Fairbanks Gold Mining, Inc. | 1995-02-11 | 2018-11-30 | Owned
559766 | South Slope 103 | Fairbanks Gold Mining, Inc. | 1995-02-11 | 2018-11-30 | Owned
559767 | South Slope 104 | Fairbanks Gold Mining, Inc. | 1995-02-09 | 2018-11-30 | Owned
559768 | South Slope 109 | Fairbanks Gold Mining, Inc. | 1995-02-11 | 2018-11-30 | Owned
559769 | South Slope 110 | Fairbanks Gold Mining, Inc. | 1995-02-15 | 2018-11-30 | Owned
559770 | South Slope 111 | Fairbanks Gold Mining, Inc. | 1995-02-15 | 2018-11-30 | Owned
559771 | South Slope 112 | Fairbanks Gold Mining, Inc. | 1995-02-15 | 2018-11-30 | Owned
559772 | South Slope 113 | Fairbanks Gold Mining, Inc. | 1995-02-16 | 2018-11-30 | Owned
559773 | South Slope 117 | Fairbanks Gold Mining, Inc. | 1995-03-03 | 2018-11-30 | Owned
559774 | South Slope 118 | Fairbanks Gold Mining, Inc. | 1995-03-03 | 2018-11-30 | Owned
559775 | South Slope 119 | Fairbanks Gold Mining, Inc. | 1995-03-03 | 2018-11-30 | Owned
559776 | South Slope 120 | Fairbanks Gold Mining, Inc. | 1995-03-01 | 2018-11-30 | Owned
559777 | South Slope 121 | Fairbanks Gold Mining, Inc. | 1995-03-01 | 2018-11-30 | Owned
559778 | South Slope 122 | Fairbanks Gold Mining, Inc. | 1995-02-16 | 2018-11-30 | Owned
559779 | South Slope 125 | Fairbanks Gold Mining, Inc. | 1995-02-03 | 2018-11-30 | Owned
559780 | South Slope 126 | Fairbanks Gold Mining, Inc. | 1995-02-03 | 2018-11-30 | Owned
559781 | South Slope 127 | Fairbanks Gold Mining, Inc. | 1995-02-01 | 2018-11-30 | Owned
559782 | South Slope 128 | Fairbanks Gold Mining, Inc. | 1995-02-02 | 2018-11-30 | Owned
559783 | South Slope 129 | Fairbanks Gold Mining, Inc. | 1995-02-02 | 2018-11-30 | Owned
559784 | South Slope 130 | Fairbanks Gold Mining, Inc. | 1995-02-02 | 2018-11-30 | Owned
559785 | South Slope 135 | Fairbanks Gold Mining, Inc. | 1995-02-04 | 2018-11-30 | Owned
559786 | South Slope 140 | Fairbanks Gold Mining, Inc. | 1995-02-04 | 2018-11-30 | Owned
559787 | South Slope 145 | Fairbanks Gold Mining, Inc. | 1995-02-04 | 2018-11-30 | Owned
563967 | CREEK 7 | Fairbanks Gold Mining, Inc. | 1996-04-16 | 2018-11-30 | Owned
563968 | CREEK 8 | Fairbanks Gold Mining, Inc. | 1996-04-16 | 2018-11-30 | Owned
563969 | CREEK 9 | Fairbanks Gold Mining, Inc. | 1996-04-16 | 2018-11-30 | Owned
563970 | CREEK 10 | Fairbanks Gold Mining, Inc. | 1996-04-16 | 2018-11-30 | Owned
563971 | CREEK 11 | Fairbanks Gold Mining, Inc. | 1996-04-16 | 2018-11-30 | Owned
563972 | CREEK 12 | Fairbanks Gold Mining, Inc. | 1996-04-16 | 2018-11-30 | Owned
563973 | CREEK 13 | Fairbanks Gold Mining, Inc. | 1996-04-16 | 2018-11-30 | Owned
563974 | CREEK 14 | Fairbanks Gold Mining, Inc. | 1996-04-16 | 2018-11-30 | Owned
563975 | CREEK 15 | Fairbanks Gold Mining, Inc. | 1996-04-16 | 2018-11-30 | Owned
563976 | CREEK 16 | Fairbanks Gold Mining, Inc. | 1996-04-16 | 2018-11-30 | Owned
563989 | CREEK 29 | Fairbanks Gold Mining, Inc. | 1996-04-13 | 2018-11-30 | Owned
563990 | CREEK 30 | Fairbanks Gold Mining, Inc. | 1996-04-13 | 2018-11-30 | Owned
563991 | CREEK 31 | Fairbanks Gold Mining, Inc. | 1996-04-13 | 2018-11-30 | Owned
563992 | CREEK 32 | Fairbanks Gold Mining, Inc. | 1996-04-13 | 2018-11-30 | Owned
563993 | CREEK 42 | Fairbanks Gold Mining, Inc. | 1996-04-11 | 2018-11-30 | Owned
563994 | CREEK 43 | Fairbanks Gold Mining, Inc. | 1996-04-11 | 2018-11-30 | Owned
563995 | CREEK 44 | Fairbanks Gold Mining, Inc. | 1996-04-11 | 2018-11-30 | Owned
563996 | CREEK 45 | Fairbanks Gold Mining, Inc. | 1996-04-11 | 2018-11-30 | Owned
570190 | South Slope 146 | Fairbanks Gold Mining, Inc. | 1995-05-27 | 2018-11-30 | Owned
570191 | South Slope 147 | Fairbanks Gold Mining, Inc. | 1995-05-27 | 2018-11-30 | Owned
570192 | South Slope 148 | Fairbanks Gold Mining, Inc. | 1995-05-27 | 2018-11-30 | Owned
570193 | South Slope 149 | Fairbanks Gold Mining, Inc. | 1995-05-27 | 2018-11-30 | Owned
570194 | South Slope 150 | Fairbanks Gold Mining, Inc. | 1995-05-27 | 2018-11-30 | Owned
570195 | South Slope 151 | Fairbanks Gold Mining, Inc. | 1995-05-30 | 2018-11-30 | Owned
570196 | South Slope 152 | Fairbanks Gold Mining, Inc. | 1995-05-30 | 2018-11-30 | Owned
570197 | South Slope 153 | Fairbanks Gold Mining, Inc. | 1995-05-23 | 2018-11-30 | Owned
570198 | South Slope 154 | Fairbanks Gold Mining, Inc. | 1995-05-23 | 2018-11-30 | Owned

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Case ID | Claim Name | Registered Owners | Grant Date | Expiry Date | Interest
570199 | South Slope 155 | Fairbanks Gold Mining, Inc. | 1995-05-23 | 2018-11-30 | Owned
570200 | South Slope 156 | Fairbanks Gold Mining, Inc. | 1995-05-23 | 2018-11-30 | Owned
570202 | South Slope 158 | Fairbanks Gold Mining, Inc. | 1995-05-25 | 2018-11-30 | Owned
570203 | South Slope 159 | Fairbanks Gold Mining, Inc. | 1995-05-25 | 2018-11-30 | Owned
570204 | South Slope 160 | Fairbanks Gold Mining, Inc. | 1995-05-19 | 2018-11-30 | Owned
570205 | South Slope 161 | Fairbanks Gold Mining, Inc. | 1995-05-19 | 2018-11-30 | Owned
570206 | South Slope 162 | Fairbanks Gold Mining, Inc. | 1995-05-19 | 2018-11-30 | Owned
570207 | South Slope 163 | Fairbanks Gold Mining, Inc. | 1995-05-19 | 2018-11-30 | Owned
570208 | South Slope 164 | Fairbanks Gold Mining, Inc. | 1995-05-19 | 2018-11-30 | Owned
570209 | South Slope 165 | Fairbanks Gold Mining, Inc. | 1995-05-19 | 2018-11-30 | Owned
570210 | South Slope 166 | Fairbanks Gold Mining, Inc. | 1995-05-19 | 2018-11-30 | Owned
570211 | South Slope 167 | Fairbanks Gold Mining, Inc. | 1995-04-01 | 2018-11-30 | Owned
570212 | South Slope 168 | Fairbanks Gold Mining, Inc. | 1995-04-01 | 2018-11-30 | Owned
570213 | South Slope 169 | Fairbanks Gold Mining, Inc. | 1995-04-02 | 2018-11-30 | Owned
570216 | South Slope 172 | Fairbanks Gold Mining, Inc. | 1995-05-20 | 2018-11-30 | Owned
570217 | South Slope 173 | Fairbanks Gold Mining, Inc. | 1995-05-20 | 2018-11-30 | Owned
570218 | South Slope 174 | Fairbanks Gold Mining, Inc. | 1995-03-07 | 2018-11-30 | Owned
570219 | South Slope 175 | Fairbanks Gold Mining, Inc. | 1995-03-07 | 2018-11-30 | Owned
570220 | South Slope 176 | Fairbanks Gold Mining, Inc. | 1995-03-29 | 2018-11-30 | Owned
570221 | South Slope 177 | Fairbanks Gold Mining, Inc. | 1995-03-29 | 2018-11-30 | Owned
570222 | South Slope 178 | Fairbanks Gold Mining, Inc. | 1995-03-25 | 2018-11-30 | Owned
570223 | South Slope 179 | Fairbanks Gold Mining, Inc. | 1995-03-25 | 2018-11-30 | Owned
570224 | South Slope 180 | Fairbanks Gold Mining, Inc. | 1995-03-25 | 2018-11-30 | Owned
570225 | South Slope 181 | Fairbanks Gold Mining, Inc. | 1995-03-25 | 2018-11-30 | Owned
570226 | South Slope 182 | Fairbanks Gold Mining, Inc. | 1995-03-25 | 2018-11-30 | Owned
570227 | South Slope 183 | Fairbanks Gold Mining, Inc. | 1995-03-24 | 2018-11-30 | Owned
570228 | South Slope 184 | Fairbanks Gold Mining, Inc. | 1995-03-24 | 2018-11-30 | Owned
570229 | South Slope 185 | Fairbanks Gold Mining, Inc. | 1995-03-24 | 2018-11-30 | Owned
570230 | South Slope 195 | Fairbanks Gold Mining, Inc. | 1995-03-18 | 2018-11-30 | Owned
570231 | South Slope 196 | Fairbanks Gold Mining, Inc. | 1995-03-18 | 2018-11-30 | Owned
570232 | South Slope 197 | Fairbanks Gold Mining, Inc. | 1995-03-18 | 2018-11-30 | Owned
570233 | South Slope 198 | Fairbanks Gold Mining, Inc. | 1995-03-18 | 2018-11-30 | Owned
570234 | South Slope 199 | Fairbanks Gold Mining, Inc. | 1995-03-18 | 2018-11-30 | Owned
570235 | South Slope 200 | Fairbanks Gold Mining, Inc. | 1995-03-23 | 2018-11-30 | Owned
570236 | South Slope 201 | Fairbanks Gold Mining, Inc. | 1995-03-23 | 2018-11-30 | Owned
570237 | South Slope 202 | Fairbanks Gold Mining, Inc. | 1995-03-23 | 2018-11-30 | Owned
570238 | South Slope 203 | Fairbanks Gold Mining, Inc. | 1995-03-23 | 2018-11-30 | Owned
570239 | South Slope 204 | Fairbanks Gold Mining, Inc. | 1995-03-23 | 2018-11-30 | Owned
570240 | South Slope 205 | Fairbanks Gold Mining, Inc. | 1995-03-24 | 2018-11-30 | Owned
570241 | South Slope 206 | Fairbanks Gold Mining, Inc. | 1995-03-24 | 2018-11-30 | Owned
570242 | South Slope 216 | Fairbanks Gold Mining, Inc. | 1995-03-10 | 2018-11-30 | Owned
570243 | South Slope 217 | Fairbanks Gold Mining, Inc. | 1995-03-10 | 2018-11-30 | Owned
570244 | South Slope 218 | Fairbanks Gold Mining, Inc. | 1995-03-10 | 2018-11-30 | Owned
570245 | South Slope 219 | Fairbanks Gold Mining, Inc. | 1995-03-16 | 2018-11-30 | Owned
570246 | South Slope 220 | Fairbanks Gold Mining, Inc. | 1995-03-16 | 2018-11-30 | Owned
570247 | South Slope 221 | Fairbanks Gold Mining, Inc. | 1995-03-16 | 2018-11-30 | Owned
570248 | South Slope 222 | Fairbanks Gold Mining, Inc. | 1995-03-17 | 2018-11-30 | Owned
570249 | South Slope 223 | Fairbanks Gold Mining, Inc. | 1995-03-17 | 2018-11-30 | Owned
570250 | South Slope 224 | Fairbanks Gold Mining, Inc. | 1995-03-17 | 2018-11-30 | Owned
570251 | South Slope 225 | Fairbanks Gold Mining, Inc. | 1995-03-17 | 2018-11-30 | Owned
570252 | South Slope 226 | Fairbanks Gold Mining, Inc. | 1995-03-17 | 2018-11-30 | Owned
570253 | South Slope 236 | Fairbanks Gold Mining, Inc. | 1995-03-08 | 2018-11-30 | Owned
570254 | South Slope 237 | Fairbanks Gold Mining, Inc. | 1995-03-08 | 2018-11-30 | Owned
570255 | South Slope 238 | Fairbanks Gold Mining, Inc. | 1995-03-08 | 2018-11-30 | Owned
570256 | South Slope 239 | Fairbanks Gold Mining, Inc. | 1995-03-08 | 2018-11-30 | Owned
570257 | South Slope 240 | Fairbanks Gold Mining, Inc. | 1995-03-08 | 2018-11-30 | Owned
570258 | South Slope 241 | Fairbanks Gold Mining, Inc. | 1995-03-08 | 2018-11-30 | Owned
571266 | FR # 51 | Fairbanks Gold Mining, Inc. | 1995-11-28 | 2018-11-30 | Owned
571267 | FR # 52 | Fairbanks Gold Mining, Inc. | 1995-11-29 | 2018-11-30 | Owned
571271 | FR # 56 | Fairbanks Gold Mining, Inc. | 1995-11-28 | 2018-11-30 | Owned

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Case ID | Claim Name | Registered Owners | Grant Date | Expiry Date | Interest
571272 | FR # 57 | Fairbanks Gold Mining, Inc. | 1995-11-28 | 2018-11-30 | Owned
571273 | FR # 58 | Fairbanks Gold Mining, Inc. | 1995-11-29 | 2018-11-30 | Owned
571276 | FR # 61 | Fairbanks Gold Mining, Inc. | 1995-11-29 | 2018-11-30 | Owned
571278 | FR # 63 | Fairbanks Gold Mining, Inc. | 1995-11-29 | 2018-11-30 | Owned
571784 | South Slope 207 | Fairbanks Gold Mining, Inc. | 1996-04-26 | 2018-11-30 | Owned
571785 | South Slope 208 | Fairbanks Gold Mining, Inc. | 1996-04-26 | 2018-11-30 | Owned
571786 | South Slope 209 | Fairbanks Gold Mining, Inc. | 1996-04-21 | 2018-11-30 | Owned
571787 | South Slope 210 | Fairbanks Gold Mining, Inc. | 1996-04-21 | 2018-11-30 | Owned
571788 | South Slope 211 | Fairbanks Gold Mining, Inc. | 1996-04-21 | 2018-11-30 | Owned
571789 | South Slope 212 | Fairbanks Gold Mining, Inc. | 1996-03-19 | 2018-11-30 | Owned
571790 | South Slope 213 | Fairbanks Gold Mining, Inc. | 1996-03-19 | 2018-11-30 | Owned
571791 | South Slope 227 | Fairbanks Gold Mining, Inc. | 1996-04-26 | 2018-11-30 | Owned
571792 | South Slope 228 | Fairbanks Gold Mining, Inc. | 1996-04-19 | 2018-11-30 | Owned
571793 | South Slope 229 | Fairbanks Gold Mining, Inc. | 1996-04-19 | 2018-11-30 | Owned
571794 | South Slope 230 | Fairbanks Gold Mining, Inc. | 1996-04-19 | 2018-11-30 | Owned
571795 | South Slope 231 | Fairbanks Gold Mining, Inc. | 1996-04-14 | 2018-11-30 | Owned
571796 | South Slope 232 | Fairbanks Gold Mining, Inc. | 1996-04-17 | 2018-11-30 | Owned
571797 | South Slope 233 | Fairbanks Gold Mining, Inc. | 1996-04-17 | 2018-11-30 | Owned
571798 | South Slope 234 | Fairbanks Gold Mining, Inc. | 1996-03-21 | 2018-11-30 | Owned
571799 | South Slope 235 | Fairbanks Gold Mining, Inc. | 1996-03-21 | 2018-11-30 | Owned
571800 | South Slope 242 | Fairbanks Gold Mining, Inc. | 1996-04-14 | 2018-11-30 | Owned
571801 | South Slope 243 | Fairbanks Gold Mining, Inc. | 1996-04-14 | 2018-11-30 | Owned
571802 | South Slope 244 | Fairbanks Gold Mining, Inc. | 1996-03-21 | 2018-11-30 | Owned
571803 | South Slope 245 | Fairbanks Gold Mining, Inc. | 1996-03-21 | 2018-11-30 | Owned
571804 | South Slope 246 | Fairbanks Gold Mining, Inc. | 1996-04-13 | 2018-11-30 | Owned
571805 | South Slope 247 | Fairbanks Gold Mining, Inc. | 1996-04-13 | 2018-11-30 | Owned
571806 | South Slope 248 | Fairbanks Gold Mining, Inc. | 1996-04-17 | 2018-11-30 | Owned
571807 | South Slope 249 | Fairbanks Gold Mining, Inc. | 1996-03-20 | 2018-11-30 | Owned
571808 | South Slope 250 | Fairbanks Gold Mining, Inc. | 1996-04-12 | 2018-11-30 | Owned
571809 | South Slope 251 | Fairbanks Gold Mining, Inc. | 1996-04-12 | 2018-11-30 | Owned
571810 | South Slope 252 | Fairbanks Gold Mining, Inc. | 1996-03-20 | 2018-11-30 | Owned
571811 | South Slope 253 | Fairbanks Gold Mining, Inc. | 1996-03-20 | 2018-11-30 | Owned
571812 | South Slope 254 | Fairbanks Gold Mining, Inc. | 1996-04-11 | 2018-11-30 | Owned
571813 | South Slope 255 | Fairbanks Gold Mining, Inc. | 1996-04-11 | 2018-11-30 | Owned
571814 | South Slope 256 | Fairbanks Gold Mining, Inc. | 1996-04-11 | 2018-11-30 | Owned
571815 | South Slope 257 | Fairbanks Gold Mining, Inc. | 1996-04-11 | 2018-11-30 | Owned
571821 | South Slope 258 | Fairbanks Gold Mining, Inc. | 1996-03-22 | 2018-11-30 | Owned
571822 | South Slope 259 | Fairbanks Gold Mining, Inc. | 1996-04-02 | 2018-11-30 | Owned
571823 | South Slope 260 | Fairbanks Gold Mining, Inc. | 1996-04-02 | 2018-11-30 | Owned
571824 | South Slope 261 | Fairbanks Gold Mining, Inc. | 1996-04-02 | 2018-11-30 | Owned
571825 | South Slope 262 | Fairbanks Gold Mining, Inc. | 1996-04-02 | 2018-11-30 | Owned
571826 | South Slope 263 | Fairbanks Gold Mining, Inc. | 1996-03-22 | 2018-11-30 | Owned
571827 | South Slope 264 | Fairbanks Gold Mining, Inc. | 1996-04-01 | 2018-11-30 | Owned
571828 | South Slope 265 | Fairbanks Gold Mining, Inc. | 1996-04-01 | 2018-11-30 | Owned
571829 | South Slope 266 | Fairbanks Gold Mining, Inc. | 1996-04-01 | 2018-11-30 | Owned
571830 | South Slope 267 | Fairbanks Gold Mining, Inc. | 1996-04-10 | 2018-11-30 | Owned
571831 | South Slope 268 | Fairbanks Gold Mining, Inc. | 1996-04-10 | 2018-11-30 | Owned
571832 | South Slope 269 | Fairbanks Gold Mining, Inc. | 1996-03-22 | 2018-11-30 | Owned
571833 | South Slope 270 | Fairbanks Gold Mining, Inc. | 1996-04-08 | 2018-11-30 | Owned
571834 | South Slope 271 | Fairbanks Gold Mining, Inc. | 1996-04-08 | 2018-11-30 | Owned
571835 | South Slope 272 | Fairbanks Gold Mining, Inc. | 1996-04-08 | 2018-11-30 | Owned
571836 | South Slope 273 | Fairbanks Gold Mining, Inc. | 1996-04-08 | 2018-11-30 | Owned
571837 | South Slope 274 | Fairbanks Gold Mining, Inc. | 1996-04-08 | 2018-11-30 | Owned
571838 | South Slope 275 | Fairbanks Gold Mining, Inc. | 1996-03-25 | 2018-11-30 | Owned
571839 | South Slope 276 | Fairbanks Gold Mining, Inc. | 1996-04-06 | 2018-11-30 | Owned
571840 | South Slope 277 | Fairbanks Gold Mining, Inc. | 1996-04-06 | 2018-11-30 | Owned
571841 | South Slope 278 | Fairbanks Gold Mining, Inc. | 1996-04-06 | 2018-11-30 | Owned
571842 | South Slope 279 | Fairbanks Gold Mining, Inc. | 1996-04-06 | 2018-11-30 | Owned
571843 | South Slope 280 | Fairbanks Gold Mining, Inc. | 1996-04-06 | 2018-11-30 | Owned
571844 | South Slope 281 | Fairbanks Gold Mining, Inc. | 1996-04-06 | 2018-11-30 | Owned

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Case ID | Claim Name | Registered Owners | Grant Date | Expiry Date | Interest
571845 | South Slope 282 | Fairbanks Gold Mining, Inc. | 1996-03-29 | 2018-11-30 | Owned
571846 | South Slope 283 | Fairbanks Gold Mining, Inc. | 1996-03-29 | 2018-11-30 | Owned
571847 | South Slope 284 | Fairbanks Gold Mining, Inc. | 1996-03-29 | 2018-11-30 | Owned
571848 | South Slope 285 | Fairbanks Gold Mining, Inc. | 1996-04-05 | 2018-11-30 | Owned
571849 | South Slope 286 | Fairbanks Gold Mining, Inc. | 1996-04-07 | 2018-11-30 | Owned
571850 | South Slope 287 | Fairbanks Gold Mining, Inc. | 1996-03-25 | 2018-11-30 | Owned
571851 | South Slope 288 | Fairbanks Gold Mining, Inc. | 1996-04-03 | 2018-11-30 | Owned
571852 | South Slope 289 | Fairbanks Gold Mining, Inc. | 1996-04-03 | 2018-11-30 | Owned
571853 | South Slope 290 | Fairbanks Gold Mining, Inc. | 1996-04-03 | 2018-11-30 | Owned
571854 | South Slope 291 | Fairbanks Gold Mining, Inc. | 1996-04-03 | 2018-11-30 | Owned
571855 | South Slope 292 | Fairbanks Gold Mining, Inc. | 1996-04-03 | 2018-11-30 | Owned
571856 | South Slope 293 | Fairbanks Gold Mining, Inc. | 1996-03-25 | 2018-11-30 | Owned
571857 | South Slope 294 | Fairbanks Gold Mining, Inc. | 1996-04-10 | 2018-11-30 | Owned
571858 | South Slope 295 | Fairbanks Gold Mining, Inc. | 1996-04-10 | 2018-11-30 | Owned
571859 | South Slope 296 | Fairbanks Gold Mining, Inc. | 1996-04-10 | 2018-11-30 | Owned
571860 | South Slope 297 | Fairbanks Gold Mining, Inc. | 1996-03-26 | 2018-11-30 | Owned
571861 | South Slope 298 | Fairbanks Gold Mining, Inc. | 1996-03-16 | 2018-11-30 | Owned
571862 | South Slope 299 | Fairbanks Gold Mining, Inc. | 1996-03-16 | 2018-11-30 | Owned
571863 | South Slope 300 | Fairbanks Gold Mining, Inc. | 1996-03-26 | 2018-11-30 | Owned
571864 | South Slope 306 | Fairbanks Gold Mining, Inc. | 1996-03-30 | 2018-11-30 | Owned
571865 | South Slope 307 | Fairbanks Gold Mining, Inc. | 1996-03-27 | 2018-11-30 | Owned
571866 | South Slope 308 | Fairbanks Gold Mining, Inc. | 1996-03-30 | 2018-11-30 | Owned
571867 | South Slope 309 | Fairbanks Gold Mining, Inc. | 1996-03-30 | 2018-11-30 | Owned
571868 | South Slope 310 | Fairbanks Gold Mining, Inc. | 1996-03-27 | 2018-11-30 | Owned
571869 | East Slope 2 | Fairbanks Gold Mining, Inc. | 1996-03-19 | 2018-11-30 | Owned
571870 | East Slope 3 | Fairbanks Gold Mining, Inc. | 1996-03-19 | 2018-11-30 | Owned
571871 | East Slope 4 | Fairbanks Gold Mining, Inc. | 1996-03-19 | 2018-11-30 | Owned
571872 | East Slope 5 | Fairbanks Gold Mining, Inc. | 1996-03-19 | 2018-11-30 | Owned
571873 | East Slope 6 | Fairbanks Gold Mining, Inc. | 1996-03-20 | 2018-11-30 | Owned
571874 | East Slope 7 | Fairbanks Gold Mining, Inc. | 1996-03-22 | 2018-11-30 | Owned
571875 | East Slope 8 | Fairbanks Gold Mining, Inc. | 1996-03-22 | 2018-11-30 | Owned
571876 | East Slope 9 | Fairbanks Gold Mining, Inc. | 1996-03-25 | 2018-11-30 | Owned
571877 | East Slope 10 | Fairbanks Gold Mining, Inc. | 1996-03-25 | 2018-11-30 | Owned
571878 | East Slope 11 | Fairbanks Gold Mining, Inc. | 1996-03-25 | 2018-11-30 | Owned
571879 | East Slope 12 | Fairbanks Gold Mining, Inc. | 1996-03-25 | 2018-11-30 | Owned
571880 | East Slope 13 | Fairbanks Gold Mining, Inc. | 1996-03-26 | 2018-11-30 | Owned
571881 | East Slope 14 | Fairbanks Gold Mining, Inc. | 1996-03-26 | 2018-11-30 | Owned
571882 | East Slope 15 | Fairbanks Gold Mining, Inc. | 1996-03-26 | 2018-11-30 | Owned
571883 | East Slope 16 | Fairbanks Gold Mining, Inc. | 1996-03-27 | 2018-11-30 | Owned
571884 | East Slope 17 | Fairbanks Gold Mining, Inc. | 1996-03-27 | 2018-11-30 | Owned
572615 | PHILBERT 1 | Fairbanks Gold Mining, Inc. | 1996-08-06 | 2018-11-30 | Owned
572616 | PHILBERT 2 | Fairbanks Gold Mining, Inc. | 1996-08-06 | 2018-11-30 | Owned
572617 | PHILBERT 3 | Fairbanks Gold Mining, Inc. | 1996-08-05 | 2018-11-30 | Owned
572618 | PHILBERT 4 | Fairbanks Gold Mining, Inc. | 1996-07-31 | 2018-11-30 | Owned
572619 | PHILBERT 5 | Daniel Peter Eagan/Margaret B. Eagan | 1996-08-08 | 2018-11-30 | Leased
572620 | PHILBERT 6 | Fairbanks Gold Mining, Inc. | 1996-08-08 | 2018-11-30 | Owned
572621 | PHILBERT 7 | Fairbanks Gold Mining, Inc. | 1996-08-08 | 2018-11-30 | Owned
572622 | PHILBERT 8 | Fairbanks Gold Mining, Inc. | 1996-07-31 | 2018-11-30 | Owned
572623 | PHILBERT 9 | Daniel Peter Eagan/Margaret B. Eagan | 1996-08-14 | 2018-11-30 | Leased
572624 | PHILBERT 10 | Daniel Peter Eagan/Margaret B. Eagan | 1996-08-14 | 2018-11-30 | Leased
572625 | PHILBERT 11 | Daniel Peter Eagan/Margaret B. Eagan | 1996-08-14 | 2018-11-30 | Leased
572626 | PHILBERT 12 | Fairbanks Gold Mining, Inc. | 1996-07-31 | 2018-11-30 | Owned
572627 | PHILBERT 13 | Daniel Peter Eagan/Margaret B. Eagan | 1996-08-13 | 2018-11-30 | Leased
572628 | PHILBERT 14 | Daniel Peter Eagan/Margaret B. Eagan | 1996-08-13 | 2018-11-30 | Leased
572629 | PHILBERT 15 | Daniel Peter Eagan/Margaret B. Eagan | 1996-08-13 | 2018-11-30 | Leased
572630 | PHILBERT 16 | Fairbanks Gold Mining, Inc. | 1996-07-28 | 2018-11-30 | Owned
572631 | PHILBERT 17 | Daniel Peter Eagan/Margaret B. Eagan | 1996-07-26 | 2018-11-30 | Leased
572632 | PHILBERT 18 | Daniel Peter Eagan/Margaret B. Eagan | 1996-07-26 | 2018-11-30 | Leased
572633 | PHILBERT 19 | Daniel Peter Eagan/Margaret B. Eagan | 1996-07-26 | 2018-11-30 | Leased
572634 | PHILBERT 20 | Fairbanks Gold Mining, Inc. | 1996-07-28 | 2018-11-30 | Owned

Page 175

| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Case ID | Claim Name | Registered Owners | Grant Date | Expiry Date | Interest
572635 | PHILBERT 21 | Daniel Peter Eagan/Margaret B. Eagan | 1996-07-24 | 2018-11-30 | Leased
572636 | PHILBERT 22 | Daniel Peter Eagan/Margaret B. Eagan | 1996-07-20 | 2018-11-30 | Leased
572637 | PHILBERT 23 | Daniel Peter Eagan/Margaret B. Eagan | 1996-07-23 | 2018-11-30 | Leased
572638 | PHILBERT 24 | Fairbanks Gold Mining, Inc. | 1996-07-17 | 2018-11-30 | Owned
572639 | PHILBERT 25 | Daniel Peter Eagan/Margaret B. Eagan | 1996-07-22 | 2018-11-30 | Leased
572640 | PHILBERT 26 | Fairbanks Gold Mining, Inc. | 1996-07-27 | 2018-11-30 | Owned
572641 | PHILBERT 27 | Fairbanks Gold Mining, Inc. | 1996-07-18 | 2018-11-30 | Owned
572642 | PHILBERT 28 | Fairbanks Gold Mining, Inc. | 1996-07-16 | 2018-11-30 | Owned
572643 | PHILBERT 29 | Daniel Peter Eagan/Margaret B. Eagan | 1996-07-11 | 2018-11-30 | Leased
572644 | PHILBERT 30 | Fairbanks Gold Mining, Inc. | 1996-07-11 | 2018-11-30 | Owned
572645 | PHILBERT 31 | Fairbanks Gold Mining, Inc. | 1996-07-12 | 2018-11-30 | Owned
572646 | PHILBERT 32 | Fairbanks Gold Mining, Inc. | 1996-07-13 | 2018-11-30 | Owned
573099 | South Slope 157 | Fairbanks Gold Mining, Inc. | 1996-10-21 | 2018-11-30 | Owned
573100 | South Slope 170 | Fairbanks Gold Mining, Inc. | 1996-10-21 | 2018-11-30 | Owned
573101 | South Slope 171 | Fairbanks Gold Mining, Inc. | 1996-10-21 | 2018-11-30 | Owned
573102 | East Slope 1 | Fairbanks Gold Mining, Inc. | 1996-10-21 | 2018-11-30 | Owned
573103 | South Slope 186 | Fairbanks Gold Mining, Inc. | 1996-09-25 | 2018-11-30 | Owned
573104 | South Slope 187 | Fairbanks Gold Mining, Inc. | 1996-09-25 | 2018-11-30 | Owned
573105 | South Slope 188 | Fairbanks Gold Mining, Inc. | 1996-09-25 | 2018-11-30 | Owned
573106 | South Slope 189 | Fairbanks Gold Mining, Inc. | 1996-09-25 | 2018-11-30 | Owned
573107 | South Slope 190 | Fairbanks Gold Mining, Inc. | 1996-09-25 | 2018-11-30 | Owned
573108 | South Slope 191 | Fairbanks Gold Mining, Inc. | 1996-09-25 | 2018-11-30 | Owned
573109 | South Slope 192 | Fairbanks Gold Mining, Inc. | 1996-09-25 | 2018-11-30 | Owned
573110 | South Slope 193 | Fairbanks Gold Mining, Inc. | 1996-09-25 | 2018-11-30 | Owned
573111 | South Slope 194 | Fairbanks Gold Mining, Inc. | 1996-09-25 | 2018-11-30 | Owned
573112 | South Slope 214 | Fairbanks Gold Mining, Inc. | 1996-09-25 | 2018-11-30 | Owned
573113 | South Slope 215 | Fairbanks Gold Mining, Inc. | 1996-09-25 | 2018-11-30 | Owned
573114 | South Slope 301 | Fairbanks Gold Mining, Inc. | 1996-09-25 | 2018-11-30 | Owned
573115 | South Slope 302 | Fairbanks Gold Mining, Inc. | 1996-09-25 | 2018-11-30 | Owned
573116 | South Slope 303 | Fairbanks Gold Mining, Inc. | 1996-09-25 | 2018-11-30 | Owned
573117 | South Slope 304 | Fairbanks Gold Mining, Inc. | 1996-09-25 | 2018-11-30 | Owned
573118 | South Slope 305 | Fairbanks Gold Mining, Inc. | 1996-09-25 | 2018-11-30 | Owned
573119 | LAST FLING 1 | Fairbanks Gold Mining, Inc. | 1996-09-17 | 2018-11-30 | Owned
573120 | LAST FLING 2 | Fairbanks Gold Mining, Inc. | 1996-09-17 | 2018-11-30 | Owned
573121 | LAST FLING 3 | Fairbanks Gold Mining, Inc. | 1996-09-17 | 2018-11-30 | Owned
573122 | LAST FLING 4 | Fairbanks Gold Mining, Inc. | 1996-09-17 | 2018-11-30 | Owned
573123 | LAST FLING 5 | Fairbanks Gold Mining, Inc. | 1996-09-17 | 2018-11-30 | Owned
573124 | LAST FLING 6 | Fairbanks Gold Mining, Inc. | 1996-09-17 | 2018-11-30 | Owned
573125 | LAST FLING 7 | Fairbanks Gold Mining, Inc. | 1996-09-05 | 2018-11-30 | Owned
573126 | LAST FLING 8 | Fairbanks Gold Mining, Inc. | 1996-09-05 | 2018-11-30 | Owned
573127 | LAST FLING 9 | Fairbanks Gold Mining, Inc. | 1996-09-06 | 2018-11-30 | Owned
573128 | LAST FLING 10 | Fairbanks Gold Mining, Inc. | 1996-09-06 | 2018-11-30 | Owned
573129 | LAST FLING 11 | Fairbanks Gold Mining, Inc. | 1996-09-06 | 2018-11-30 | Owned
573130 | LAST FLING 12 | Fairbanks Gold Mining, Inc. | 1996-09-06 | 2018-11-30 | Owned
573131 | LAST FLING 13 | Fairbanks Gold Mining, Inc. | 1996-09-09 | 2018-11-30 | Owned
573132 | LAST FLING 14 | Fairbanks Gold Mining, Inc. | 1996-09-09 | 2018-11-30 | Owned
573133 | LAST FLING 15 | Fairbanks Gold Mining, Inc. | 1996-09-09 | 2018-11-30 | Owned
573134 | LAST FLING 16 | Fairbanks Gold Mining, Inc. | 1996-09-09 | 2018-11-30 | Owned
573135 | LAST FLING 17 | Fairbanks Gold Mining, Inc. | 1996-09-10 | 2018-11-30 | Owned
573136 | LAST FLING 18 | Fairbanks Gold Mining, Inc. | 1996-09-10 | 2018-11-30 | Owned
573137 | LAST FLING 19 | Fairbanks Gold Mining, Inc. | 1996-09-10 | 2018-11-30 | Owned
573138 | LAST FLING 20 | Fairbanks Gold Mining, Inc. | 1996-09-10 | 2018-11-30 | Owned
602608 | TRUE CHAMPION #1 | Fairbanks Gold Mining, Inc. | 2000-05-02 | 2018-11-30 | Owned
602609 | TRUE CHAMPION #2 | Fairbanks Gold Mining, Inc. | 2000-05-02 | 2018-11-30 | Owned
603311 | NMW 1 | Fairbanks Gold Mining, Inc. | 2000-04-24 | 2018-11-30 | Owned
603312 | NMW 2 | Fairbanks Gold Mining, Inc. | 2000-04-24 | 2018-11-30 | Owned
603313 | NMW 3 | Fairbanks Gold Mining, Inc. | 2000-04-24 | 2018-11-30 | Owned
603314 | NMW 4 | Fairbanks Gold Mining, Inc. | 2000-06-28 | 2018-11-30 | Owned
603315 | NMW 5 | EHB, LLC | 2000-04-26 | 2018-11-30 | Leased
603316 | NMW 6 | EHB, LLC | 2000-05-02 | 2018-11-30 | Leased

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Case ID | Claim Name | Registered Owners | Grant Date | Expiry Date | Interest
603317 | NMW 7 | EHB, LLC | 2000-04-25 | 2018-11-30 | Leased
603318 | NMW 8 | Fairbanks Gold Mining, Inc. | 2000-04-25 | 2018-11-30 | Owned
603319 | NMW 9 | Fairbanks Gold Mining, Inc. | 2000-04-23 | 2018-11-30 | Owned
603320 | NMW 10 | Fairbanks Gold Mining, Inc. | 2000-04-23 | 2018-11-30 | Owned
603321 | NMW 11 | Fairbanks Gold Mining, Inc. | 2000-04-23 | 2018-11-30 | Owned
603322 | NMW 12 | Fairbanks Gold Mining, Inc. | 2000-04-21 | 2018-11-30 | Owned
603323 | NMW 13 | Fairbanks Gold Mining, Inc. | 2000-04-21 | 2018-11-30 | Owned
603324 | NMW 14 | Fairbanks Gold Mining, Inc. | 2000-04-28 | 2018-11-30 | Owned
603325 | NMW 15 | Fairbanks Gold Mining, Inc. | 2000-04-28 | 2018-11-30 | Owned
603326 | NMW 16 | Fairbanks Gold Mining, Inc. | 2000-04-28 | 2018-11-30 | Owned
603327 | NMW 17 | Fairbanks Gold Mining, Inc. | 2000-04-26 | 2018-11-30 | Owned
603328 | NMW 18 | Fairbanks Gold Mining, Inc. | 2000-04-28 | 2018-11-30 | Owned
603329 | NMW 19 | Fairbanks Gold Mining, Inc. | 2000-04-28 | 2018-11-30 | Owned
604256 | FGDC 1 | Daniel Peter Eagan/Margaret B. Eagan | 2000-12-21 | 2018-11-30 | Leased
604257 | FGDC 2 | Daniel Peter Eagan/Margaret B. Eagan | 2000-12-18 | 2018-11-30 | Leased
604258 | FGDC 3 | Daniel Peter Eagan/Margaret B. Eagan | 2000-12-18 | 2018-11-30 | Leased
604259 | FGDC 4 | Daniel Peter Eagan/Margaret B. Eagan | 2000-12-28 | 2018-11-30 | Leased
604260 | FGDC 5 | Daniel Peter Eagan/Margaret B. Eagan | 2000-12-28 | 2018-11-30 | Leased
604261 | FGDC 6 | Daniel Peter Eagan/Margaret B. Eagan | 2001-01-04 | 2018-11-30 | Leased
604262 | FGDC 7 | Daniel Peter Eagan/Margaret B. Eagan | 2000-12-07 | 2018-11-30 | Leased
604263 | FGDC 8 | Daniel Peter Eagan/Margaret B. Eagan | 2000-12-09 | 2018-11-30 | Leased
604264 | FGDC 9 | Daniel Peter Eagan/Margaret B. Eagan | 2000-12-15 | 2018-11-30 | Leased
604265 | FGDC 10 | Fairbanks Gold Mining, Inc. | 2000-12-07 | 2018-11-30 | Owned
604266 | FGDC 11 | Fairbanks Gold Mining, Inc. | 2000-12-09 | 2018-11-30 | Owned
604267 | FGDC 12 | Daniel Peter Eagan/Margaret B. Eagan | 2000-12-15 | 2018-11-30 | Leased
604268 | FGDC 13 | Fairbanks Gold Mining, Inc. | 2000-11-30 | 2018-11-30 | Owned
604269 | FGDC 14 | Fairbanks Gold Mining, Inc. | 2000-12-09 | 2018-11-30 | Owned
604270 | FGDC 15 | Fairbanks Gold Mining, Inc. | 2000-12-12 | 2018-11-30 | Owned
604271 | FGDC 16 | Fairbanks Gold Mining, Inc. | 2000-12-15 | 2018-11-30 | Owned
604272 | FGDC 21 | Fairbanks Gold Mining, Inc. | 2000-12-05 | 2018-11-30 | Owned
604273 | FGDC 22 | Fairbanks Gold Mining, Inc. | 2000-12-05 | 2018-11-30 | Owned
604274 | FGDC 23 | Fairbanks Gold Mining, Inc. | 2000-12-04 | 2018-11-30 | Owned
604287 | MONOPOLY 1 | Fairbanks Gold Mining, Inc. | 2001-01-19 | 2018-11-30 | Owned
604288 | MONOPOLY 2 | Fairbanks Gold Mining, Inc. | 2001-01-19 | 2018-11-30 | Owned
604289 | MONOPOLY 3 | Fairbanks Gold Mining, Inc. | 2001-01-20 | 2018-11-30 | Owned
604290 | MONOPOLY 4 | Fairbanks Gold Mining, Inc. | 2001-01-19 | 2018-11-30 | Owned
604291 | MONOPOLY 5 | Fairbanks Gold Mining, Inc. | 2001-01-19 | 2018-11-30 | Owned
604292 | MONOPOLY 6 | Fairbanks Gold Mining, Inc. | 2001-01-19 | 2018-11-30 | Owned
604293 | MONOPOLY 7 | Fairbanks Gold Mining, Inc. | 2001-01-19 | 2018-11-30 | Owned
604294 | FGDC 17 | Fairbanks Gold Mining, Inc. | 2001-01-12 | 2018-11-30 | Owned
604295 | FGDC 18 | Fairbanks Gold Mining, Inc. | 2001-01-10 | 2018-11-30 | Owned
604296 | FGDC 19 | Fairbanks Gold Mining, Inc. | 2001-01-10 | 2018-11-30 | Owned
604297 | FGDC 20 | Fairbanks Gold Mining, Inc. | 2001-01-11 | 2018-11-30 | Owned
604298 | FREE PARKING | Fairbanks Gold Mining, Inc. | 2001-01-09 | 2018-11-30 | Owned
604299 | BOARDWALK | Fairbanks Gold Mining, Inc. | 2001-01-19 | 2018-11-30 | Owned
604300 | WATERWORKS | Fairbanks Gold Mining, Inc. | 2001-01-17 | 2018-11-30 | Owned
604316 | TREASURE CHEST | Fairbanks Gold Mining, Inc. | 2001-02-21 | 2018-11-30 | Owned
604317 | PARK PLACE | Fairbanks Gold Mining, Inc. | 2001-02-21 | 2018-11-30 | Owned
606173 | GARNET | Daniel Peter Eagan/Margaret B. Eagan | 2004-04-10 | 2018-11-30 | Leased
606359 | BSO #1 | Fairbanks Gold Mining, Inc. | 2004-10-05 | 2018-11-30 | Owned
606360 | BSO #2 | Fairbanks Gold Mining, Inc. | 2004-10-05 | 2018-11-30 | Owned
606361 | BSO #3 | Fairbanks Gold Mining, Inc. | 2004-10-05 | 2018-11-30 | Owned
606391 | SNOW #1 | Fairbanks Gold Mining, Inc. | 2004-10-28 | 2018-11-30 | Owned
606392 | SNOW #2 | Fairbanks Gold Mining, Inc. | 2004-10-28 | 2018-11-30 | Owned
606393 | SNOW #3 | Fairbanks Gold Mining, Inc. | 2004-10-27 | 2018-11-30 | Owned
606394 | SNOW #4 | Fairbanks Gold Mining, Inc. | 2004-10-27 | 2018-11-30 | Owned
606395 | SNOW #5 | Fairbanks Gold Mining, Inc. | 2004-10-27 | 2018-11-30 | Owned
606396 | SOCO #1 | Fairbanks Gold Mining, Inc. | 2004-11-05 | 2018-11-30 | Owned
606397 | SOCO #2 | Daniel Peter Eagan/Margaret B. Eagan | 2004-11-05 | 2018-11-30 | Leased
606398 | SOCO #3 | Fairbanks Gold Mining, Inc. | 2004-11-05 | 2018-11-30 | Owned

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Case ID | Claim Name | Registered Owners | Grant Date | Expiry Date | Interest
606399 | SOCO #4 | Daniel Peter Eagan/Margaret B. Eagan | 2004-11-05 | 2018-11-30 | Leased
606400 | SOCO #5 | Fairbanks Gold Mining, Inc. | 2004-11-09 | 2018-11-30 | Owned
606401 | SOCO #6 | Fairbanks Gold Mining, Inc. | 2004-11-09 | 2018-11-30 | Owned
606402 | SOCO #7 | Fairbanks Gold Mining, Inc. | 2004-11-09 | 2018-11-30 | Owned
606403 | SOCO #8 | Daniel Peter Eagan/Margaret B. Eagan | 2004-11-09 | 2018-11-30 | Leased
606405 | SOCO #10 | Fairbanks Gold Mining, Inc. | 2004-11-19 | 2018-11-30 | Owned
606406 | SOCO #11 | Fairbanks Gold Mining, Inc. | 2004-11-19 | 2018-11-30 | Owned
606407 | SOCO #12 | Fairbanks Gold Mining, Inc. | 2004-11-18 | 2018-11-30 | Owned
606408 | SOCO #13 | Fairbanks Gold Mining, Inc. | 2004-11-18 | 2018-11-30 | Owned
606409 | SOCO #15 | Fairbanks Gold Mining, Inc. | 2004-11-18 | 2018-11-30 | Owned
606410 | SOCO #16 | Fairbanks Gold Mining, Inc. | 2004-11-18 | 2018-11-30 | Owned
606411 | SOCO #17 | Fairbanks Gold Mining, Inc. | 2004-11-18 | 2018-11-30 | Owned
606412 | SOCO #18 | Fairbanks Gold Mining, Inc. | 2004-11-17 | 2018-11-30 | Owned
610146 | GRAYLING #1 | Fairbanks Gold Mining, Inc. | 2006-06-23 | 2018-11-30 | Owned
610147 | GRAYLING #2 | Fairbanks Gold Mining, Inc. | 2006-06-29 | 2018-11-30 | Owned
610148 | GRAYLING #3 | Fairbanks Gold Mining, Inc. | 2006-06-29 | 2018-11-30 | Owned
610149 | GRAYLING #4 | Fairbanks Gold Mining, Inc. | 2006-07-12 | 2018-11-30 | Owned
610150 | GRAYLING #5 | Fairbanks Gold Mining, Inc. | 2006-07-17 | 2018-11-30 | Owned
610151 | GRAYLING #6 | Fairbanks Gold Mining, Inc. | 2006-07-17 | 2018-11-30 | Owned
610152 | GRAYLING #7 | Fairbanks Gold Mining, Inc. | 2006-06-23 | 2018-11-30 | Owned
610153 | GRAYLING #8 | Fairbanks Gold Mining, Inc. | 2006-06-23 | 2018-11-30 | Owned
610154 | GRAYLING #9 | Fairbanks Gold Mining, Inc. | 2006-06-29 | 2018-11-30 | Owned
610155 | GRAYLING #10 | Fairbanks Gold Mining, Inc. | 2006-07-14 | 2018-11-30 | Owned
610156 | GRAYLING #11 | Fairbanks Gold Mining, Inc. | 2006-07-14 | 2018-11-30 | Owned
610157 | GRAYLING #12 | Fairbanks Gold Mining, Inc. | 2006-07-17 | 2018-11-30 | Owned
610158 | GRAYLING #13 | Fairbanks Gold Mining, Inc. | 2006-06-27 | 2018-11-30 | Owned
610159 | GRAYLING #14 | Fairbanks Gold Mining, Inc. | 2006-06-30 | 2018-11-30 | Owned
610160 | GRAYLING #15 | Fairbanks Gold Mining, Inc. | 2006-07-05 | 2018-11-30 | Owned
610161 | GRAYLING #16 | Fairbanks Gold Mining, Inc. | 2006-07-05 | 2018-11-30 | Owned
610162 | GRAYLING #17 | Fairbanks Gold Mining, Inc. | 2006-07-07 | 2018-11-30 | Owned
610163 | GRAYLING #18 | Fairbanks Gold Mining, Inc. | 2006-07-10 | 2018-11-30 | Owned
610164 | GRAYLING #19 | Fairbanks Gold Mining, Inc. | 2006-07-10 | 2018-11-30 | Owned
612007 | AGN 1 | Fairbanks Gold Mining, Inc. | 2008-03-31 | 2018-11-30 | Owned
612008 | AGN 3 | Fairbanks Gold Mining, Inc. | 2008-04-01 | 2018-11-30 | Owned
612918 | SNOW 6 | Fairbanks Gold Mining, Inc. | 2008-05-23 | 2018-11-30 | Owned
612919 | SNOW 7 | Fairbanks Gold Mining, Inc. | 2008-05-23 | 2018-11-30 | Owned
612920 | AGN 4 | Fairbanks Gold Mining, Inc. | 2008-05-26 | 2018-11-30 | Owned
615416 | FY 30 | EHB, LLC | 2010-07-30 | 2018-11-30 | Leased
615417 | FY 31 | EHB, LLC | 2010-07-30 | 2018-11-30 | Leased
615992 | LR-1 | Fairbanks Gold Mining, Inc. | 2011-05-11 | 2018-11-30 | Owned
615993 | LR-2 | Fairbanks Gold Mining, Inc. | 2011-05-11 | 2018-11-30 | Owned
615994 | LR-3 | Fairbanks Gold Mining, Inc. | 2011-05-11 | 2018-11-30 | Owned
615995 | LR-4 | Fairbanks Gold Mining, Inc. | 2011-05-11 | 2018-11-30 | Owned
616797 | FCF 1 | EHB, LLC | 2012-02-28 | 2018-11-30 | Leased
616798 | FCF 2 | EHB, LLC | 2012-02-28 | 2018-11-30 | Leased
616799 | FCF 3 | EHB, LLC | 2012-02-28 | 2018-11-30 | Leased
616800 | JIC 1 | Fairbanks Gold Mining, Inc. | 2012-02-28 | 2018-11-30 | Owned
616801 | DNA-2 | Fairbanks Gold Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
616802 | DNA-3 | Fairbanks Gold Mining, Inc. | 2017-12-11 | 2018-11-30 | Owned
616888 | JIC 2 | Fairbanks Gold Mining, Inc. | 2012-03-27 | 2018-11-30 | Owned
616889 | JIC 3 | Fairbanks Gold Mining, Inc. | 2012-03-27 | 2018-11-30 | Owned
616890 | JIC 4 | Fairbanks Gold Mining, Inc. | 2012-03-27 | 2018-11-30 | Owned
616891 | JIC 5 | Fairbanks Gold Mining, Inc. | 2012-03-22 | 2018-11-30 | Owned
616892 | JIC 6 | Fairbanks Gold Mining, Inc. | 2012-03-22 | 2018-11-30 | Owned
616893 | JIC 7 | Fairbanks Gold Mining, Inc. | 2012-03-27 | 2018-11-30 | Owned
616894 | JIC 8 | Fairbanks Gold Mining, Inc. | 2012-03-27 | 2018-11-30 | Owned
616895 | JIC 9 | Fairbanks Gold Mining, Inc. | 2012-03-27 | 2018-11-30 | Owned
616896 | JIC 10 | Fairbanks Gold Mining, Inc. | 2012-03-27 | 2018-11-30 | Owned
616897 | JIC 11 | Fairbanks Gold Mining, Inc. | 2012-03-27 | 2018-11-30 | Owned
616898 | JIC 12 | Fairbanks Gold Mining, Inc. | 2012-03-27 | 2018-11-30 | Owned

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Case ID | Claim Name | Registered Owners | Grant Date | Expiry Date | Interest
616899 | JIC 13 | Fairbanks Gold Mining, Inc. | 2012-03-27 | 2018-11-30 | Owned
616912 | UW-1 | Fairbanks Gold Mining, Inc. | 2012-03-30 | 2018-11-30 | Owned
618642 | EI 1 | Fairbanks Gold Mining, Inc. | 2013-08-24 | 2018-11-30 | Owned
618643 | EI 2 | Fairbanks Gold Mining, Inc. | 2013-08-24 | 2018-11-30 | Owned
618650 | EI 9 | Fairbanks Gold Mining, Inc. | 2013-08-24 | 2018-11-30 | Owned
618662 | EI 21 | Fairbanks Gold Mining, Inc. | 2013-08-24 | 2018-11-30 | Owned
618677 | EI 36 | Fairbanks Gold Mining, Inc. | 2013-08-24 | 2018-11-30 | Owned
618678 | EI 37 | Fairbanks Gold Mining, Inc. | 2013-08-24 | 2018-11-30 | Owned
618693 | EI 52 | Fairbanks Gold Mining, Inc. | 2013-08-24 | 2018-11-30 | Owned
618694 | EI 53 | Fairbanks Gold Mining, Inc. | 2013-08-24 | 2018-11-30 | Owned
618695 | EI 54 | Fairbanks Gold Mining, Inc. | 2013-08-24 | 2018-11-30 | Owned
618711 | EI 70 | Fairbanks Gold Mining, Inc. | 2013-08-24 | 2018-11-30 | Owned
618712 | EI 71 | Fairbanks Gold Mining, Inc. | 2013-08-24 | 2018-11-30 | Owned
618713 | EI 72 | Fairbanks Gold Mining, Inc. | 2013-08-24 | 2018-11-30 | Owned
618726 | EI 85 | Fairbanks Gold Mining, Inc. | 2013-08-24 | 2018-11-30 | Owned
618727 | EI 86 | Fairbanks Gold Mining, Inc. | 2013-08-24 | 2018-11-30 | Owned
618728 | EI 87 | Fairbanks Gold Mining, Inc. | 2013-08-24 | 2018-11-30 | Owned
618731 | EI 90 | Fairbanks Gold Mining, Inc. | 2013-08-24 | 2018-11-30 | Owned
618732 | EI 91 | Fairbanks Gold Mining, Inc. | 2013-08-24 | 2018-11-30 | Owned
618733 | EI 92 | Fairbanks Gold Mining, Inc. | 2013-08-24 | 2018-11-30 | Owned
618734 | EI 93 | Fairbanks Gold Mining, Inc. | 2013-08-24 | 2018-11-30 | Owned
618735 | EI 94 | Fairbanks Gold Mining, Inc. | 2013-08-24 | 2018-11-30 | Owned
618736 | EI 95 | Fairbanks Gold Mining, Inc. | 2013-08-24 | 2018-11-30 | Owned
655763 | HARD LODE #1 | Daniel Peter Eagan/Margaret B. Eagan | 2006-10-11 | 2018-11-30 | Leased
655764 | HARD LODE #2 | Daniel Peter Eagan/Margaret B. Eagan | 2006-10-11 | 2018-11-30 | Leased
655765 | HARD LODE #3 | Daniel Peter Eagan/Margaret B. Eagan | 2006-10-10 | 2018-11-30 | Leased
655766 | HARD LODE #4 | Daniel Peter Eagan/Margaret B. Eagan | 2006-10-10 | 2018-11-30 | Leased
655767 | HARD LODE #5 | Daniel Peter Eagan/Margaret B. Eagan | 2006-10-10 | 2018-11-30 | Leased
727739 | GG 1 | Fairbanks Gold Mining, Inc. | 2018-04-06 | 2018-11-30 | Owned
727740 | GG 2 | Fairbanks Gold Mining, Inc. | 2018-04-09 | 2018-11-30 | Owned
727741 | GG 3 | Fairbanks Gold Mining, Inc. | 2018-04-09 | 2018-11-30 | Owned
727742 | GG 4 | Fairbanks Gold Mining, Inc. | 2018-04-16 | 2018-11-30 | Owned
527258 | NA 100 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
530534 | NA 10 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
530535 | NA 11 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
530536 | NA 12 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
530537 | NA 102 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
530538 | NA 103 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
530539 | NA 104 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
530540 | NA 105 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
530542 | NA 203 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
530543 | NA 204 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
530544 | NA 205 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
530546 | NA 303 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
530547 | NA 304 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
530548 | NA 305 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
530550 | NA 403 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
530551 | NA 404 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
530552 | NA 405 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
530553 | NA 406 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
530555 | NA 503 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
530556 | NA 504 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
530557 | NA 505 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
530558 | NA 506 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
530560 | NA 603 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
530561 | NA 604 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
530562 | NA 605 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
530563 | NA 606 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
530565 | NA 703 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
530566 | NA 704 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned

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| Kinross Gold Corporation Fort Knox Mine Fairbanks North Star Borough, Alaska, USA NI 43-101 Technical Report

Case ID | Claim Name | Registered Owners | Grant Date | Expiry Date | Interest
530567 | NA 705 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
530568 | NA 706 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
530570 | NA 803 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
530571 | NA 804 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
530572 | NA 805 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
530573 | NA 806 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
530574 | NA 903 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
530575 | NA 904 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
530576 | NA 905 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
530577 | NA 906 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
530578 | NA 907 | Melba Creek Mining, Inc. |  | 2018-11-30 | Owned
619168 | JIC 14 | Fairbanks Gold Mining, Inc. |  | 2018-11-30 | Owned
619169 | JIC 15 | Fairbanks Gold Mining, Inc. |  | 2018-11-30 | Owned
619170 | JIC 16 | Fairbanks Gold Mining, Inc. |  | 2018-11-30 | Owned

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