C or te z N ev ada U S A Production 4 lower compared to prior quarter pr i m ar i l y due t o l ow er pr oc es s ed gr ades f ol l ow i ng depl et i on of hi gher gr ade C H O P ox i de s t oc k pi l e Total cash cost per ounce 7 10 l ow er t han pr i or quar t er due t o i m pr ov ed c os t c ont r ol Cortez Deep South remains on track to c ont r i but e t o pr oduc t i on i n 2020 Goldrush permitting activities continue to adv anc e R ec or d of D ec i s i on i n Q 4 2021 i n l i ne w i t h pl an Co r t e z 12 61 5 Q 1 2020 Q 4 2019 Q 1 2019 T ot al t onnes m i ned 000 22 696 23 422 27 572 A v er age gr ade pr oc es s ed g t 1 06 1 29 1 66 O r e t onnes pr oc es s ed 000 4 783 4 259 5 473 R ec ov er y r at e 84 75 85 G ol d pr oduc ed oz 000 128 133 262 G ol d s ol d oz 000 128 132 259 I nc om e m i l l i ons 89 69 155 E B I T DA m illio n s 9 122 105 219 C api t al ex pendi t ur es m illio n s 13 50 43 76 M i nes i t e s us t ai ni ng 13 46 40 13 P r oj ec t 13 4 3 63 C os t of s al es oz 6 876 945 682 T ot al c as h c os t s oz 7 614 681 433 A ll i n s us t ai ni ng c os t s oz 7 1 009 1 012 506 S e e t he T e c hni c a l R e po r t o n t he C o r t e z J o i nt V e nt ur e O pe r a t i o ns da t e d M a r c h 22 2019 a nd f i l e d o n S E D A R a t w w w s ed a r c om a n d E D G A R a t w w w s e c g o v o n M a r c h 22 2019 P r o j e c ts a n d E x p l o r a ti o n