Pascua-Lama Preliminary Injunction in Chile; Major Construction Works in Argentina Unaffected

Wed Apr 10, 2013 11:10am EDT

* Reuters is not responsible for the content in this press release.

  TORONTO, ONTARIO, Apr 10 (Marketwired) --
Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) (Barrick or the "company")
is aware of media reports indicating that a Chilean court has issued a
preliminary injunction pending a full hearing, halting construction
activities on the Chilean side of the Pascua-Lama project. The company
has not yet been formally notified of the court order and will assess the
potential implications once it has received official notification.

    Construction activities in Argentina, where the majority of Pascua-Lama's
critical infrastructure is located, including the process plant and
tailings storage facility, are not affected.

    CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION

    Certain information contained in this press release, including any
information as to our plans, constitutes "forward-looking statements".
All statements, other than statements of historical fact, are
forward-looking statements. Forward-looking statements are necessarily
based upon a number of estimates and assumptions that, while considered
reasonable by the company, are inherently subject to significant
business, economic and competitive uncertainties and contingencies. Known
and unknown factors could cause actual results to differ materially from
those projected in the forward-looking statements. Such factors include,
but are not limited to: changes in national and local government
legislation, taxation, controls, regulations, expropriation or
nationalization of property and political or economic developments in
Canada, the United States, Chile, Argentina and other jurisdictions in
which the company does or may carry on business in the future; increased
costs, delays and technical challenges associated with the construction
of capital projects; availability and increased costs associated with
mining inputs and labor; and litigation. Readers are cautioned that
forward-looking statements are not guarantees of future performance. Any
forward-looking statements made in this press release are qualified by
these cautionary statements. Specific reference is made to the most
recent Form 40-F/Annual Information Form on file with the SEC and
Canadian provincial securities regulatory authorities for a discussion of
some of the factors underlying forward-looking statements.

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

Contacts:
INVESTOR CONTACT: Greg Panagos
Senior Vice President
Investor Relations and Communications
(416) 309-2943
gpanagos@barrick.com

MEDIA CONTACT: Andy Lloyd
Director, Media Relations
(416) 307-7414
alloyd@barrick.com

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