29 WWWNEW G O L D C O M TSXNGD NY SE Am er ic an NG D Three m onths end ed M a rc h 3 1 in m ill ions of US dol lars e xce p t wh ere n o te d 202 0 201 9 RAINY RIVER OP EX CASH COSTS AND AISC REC O NCILIATION Operati ng ex pe ns es 568 573 Gold Eq uiv a l ent Ounc es s o ld 1 535 38 714 83 Operati ng ex pe ns es per u n it of go ld s o ld o u n c e 106 0 801 Operati n g ex pe ns es 568 573 To ta l ca sh co sts 568 573 Gold Eq uiv a l ent Ounc es s o ld 535 38 714 83 To ta l ca sh co sts pe r Go l d Eq ui va l e n t Ou n c e so ld o un ce 106 0 801 Sustainin g c apit a l ex pen ditur e s 2 3 334 346 Sus t ain i ng ex pl ora t ion ex pe ns e Sus t ain i ng le as es 23 20 Rec l am atio n ex p e n s e s 15 12 To ta l a l l i n su sta i nin g co sts 940 951 Gold Eq uiv a l ent Ounc es s o ld 1 535 38 714 83 A llin s u s t ain i ng c o s t s per Gol d Eq ui v a lent O unc e s o l d ou n c e 175 5 133 0 1 G o ld eq ounces includ e silver ounces and co pper ounces produce d or sold convert ed t o a gold eq based on a ra t i o of 1 500 per gold ounce and 1 7 75 per silver ounce T h roughout t he year t h e Company will report gold equivale nt ounces using a const ant rat i o of t h ose prices 2 See T ot al Sus t aining Capit a l Expendit u res Reconciliat i on t o reconcile sust aining capit a l expen dit u res t o mining int e rest s per t he st at ement of cash f l ows 3 Sust aining capit a l expe ndit u res are net of proc eeds f r om disposal of a sset s Three m onths end ed M a rc h 3 1 in m ill ions of US dol lars ex c ept wh ere n o te d 202 0 201 9 NEW AFTON OPEX CASH COSTS AND AISC REC O NCILIATION ON A GOLD EQUIVA LENT BASIS Operati ng ex pe ns es 329 296 Gold Eq uiv a l ent Ounc es s o ld 1 503 98 632 16 Operati ng ex pe ns es per u n it of go ld s o ld o u n c e 655 468 Operati ng ex pe ns es 329 296 Treatm e n t a nd r e fi nin g c harg e s on c onc entr a te s a les 54 69 To ta l ca sh co sts 383 365 Gold Eq uiv a l ent Ounc es s o ld 1 503 98 632 16 To ta l ca sh co sts pe r Go l d Eq ui va l e n t Ou n c e so ld o un ce 762 578 Sus t ain i ng c apit a l ex pen ditur e s 2 129 79 Sus t ain i ng ex pl ora t ion ex pe ns ed 02 Sus t ain i ng le as es 04 01 Rec l am atio n ex p e n s e s 03 03 To ta l a l l i n su sta i nin g co sts 519 451 Gold Eq uiv a l ent Ounc es s o ld 1 503 98 632 16 Allin s u s t ain i ng c o s t s per Gol d Eq ui v a lent O unc e s o l d ou n c e 103 3 714 1 G o ld eq ounces includ e silver ounces and co p per ounces produce d or sold convert ed t o a gol d eq based on a rat i o o f 1 500 per gold ou nce 17 75 per silver ounc e and 2 85 per copper pound T h roughout t he year t he Co m pany will report gold equivalent ounces usi ng a const ant rat i o of t hose prices 2 See T ot al Sus t aining Capit a l Expendit u res Reconciliat i on t o reconcile sust aining capit a l expen dit u res t o mining int e rest s per t he st at ement of cash f l ows reconcile sust aining capit a l expendit u res t o mining int e rest s per t he st at ement of cash f l ow