Bald Mountain is an open-pit mine with a large estimated mineral resource base located in Nevada along the southern extension of the prolific Carlin trend, and was acquired by Kinross in January 2016.

In October 2018, Kinross acquired the remaining 50% of the Bald Mountain joint venture zone from Barrick Gold to consolidate ownership, of the property, the largest private mining land package in the U.S.

In December 2024, Kinross converted approximately 1 million ounces to reserves. Kinross has approved mining of Phase 1 at Redbird, which contains 270 koz. and is expected to produce approximately 175 koz., extending production into 2028. Phase 2, unlocks another 680 koz. contained, could begin in 2026 and extend production from Bald Mountain through 2031. Phase 1 lowers the initial capital risk by leveraging existing heap leach infrastructure, pulls forward production into 2027, and can progress in 2025 while work continues on optimizing the design and execution plan for Phase 2. The project is advancing on schedule.

With approximately 2.7 million gold ounces of estimated measured and indicated gold resources (as of December 31, 2024) and a pipeline of high-quality targets, the Company is exploring further opportunities for additional resource conversions and exploration success.