14 WWWNEW G O L D C O M TSXNGD NY SE Am er ic an NG D Dep r e c iation and d epletion wa s 6 61 pe r gold eq o u n c e for the q u a r ter whi c h i s a n increa se f r o m the pri o r yea r qua rter prima r ily d ue to decrea s ed reserve s an d sho r ter min e life when com pare d to the prio r ye ar Sustainin g ca pital and su st aining l e a s e paym ents for the qua rter were 357 mill ion incl udin g 66 millio n of capitalized mining co sts During the quarte r su staining capital acti vities in cl uded ad va ncement of the planned tailings dam raise preparation f o r wi ck drain installation for stab ili zation of the east waste dum p ongoi ng con s truction of th e mainten a n c e a nd ware hou se fa cilities a s well a s the in stallat i on of a Bio chemi c al rea c tor B CR2 t hat will allow for discha rg e of water currently sch edul ed to begin in Q2 2020 AISC were 1 755 per gol d eq ounce for the quarte r wh ich is a n incre a se from the prioryea r qua rter prima r ily d ue to lower g o ld eq oun ce s sold sol d in the quarte r Impact of fore ign exch ang e on operation s Rain y Ri ve rs operatio ns are imp a cte d by fluctuatio ns in the val uation of the US dollar again s t the Can adian d o ll ar For the three month s en ded Ma rch 31 2020 the va lue of the U S dollar avera ged 13 4 again s t the Canadi an doll a r whe n com p ared to 1 33 again s t the Can adian doll a r in the p r iorye ar p e rio d This ha d a po sitive imp a ct on total ca sh co sts of 11 per gol d eq o unce sol d ag ainst the p r iorye ar p e rio d Explo r ation a c tivitie s Explo r ation a c tivitie s incl u ded e x plo r ati on re con nai ssan ce target definition and drill camp ai gn planni ng aimed to co m m ence upo n the re ce ipt of the req u ired p e rmits