MINEX 9 October 2014
Disclaimer Statements and assumptions made in this Presentation with respect to Auriant Mining AB ’ s ( “ Auriant ” ) current plans, estimates, strategies and beliefs, and other statements that are not historical facts, are forward-looking statements about the future performance of Auriant. Forward-looking statements include, but are not limited to, those using words such as "may", "might", "seeks", "expects", "anticipates", "estimates", "believes", "projects", "plans", strategy", "forecast" and similar expressions. These statements reflect Auriant ’ s management's expectations and assumptions in light of currently available information. In the light of the many risks and uncertainties surrounding any gold production and exploration company at an early stage of its development, the actual results could differ materially from those presented and forecasted in this Presentation. Auriant do not assume any unconditional obligation to update any such statements and/or forecasts immediately. Auriant Presentation 2
Auriant Mining overview General information Shareholder structure Auriant Mining AB is a Swedish junior mining company BERTIL HOLDINGS (P.Haskell) focused on gold production in Russia UBS AG LDN BRANCH A/C CLIENT, IPB Auriant Mining AB is one of only a few publicly listed 22.95% SWISS LIFE (LIECHTENSTEIN) AG junior mining companies in Russia SVEA LANDS. S.A 2.19% Gold Reserves – ~ 1 Moz according to Russian C1+C2 2.81% 52.32% Auriant Management 3.88% categories SWISS LIFE LIECHTENSTEIN AG 4.07% 2012 production – 642 kg (20,640 oz) SIX SIS AG, W8IMY 5.25% 6.54% Other 2013 production – 1,142 kg (36,716 oz) Headquartered in Stockholm, Sweden Management shareholding Auriant Mining is listed on NASDAQ OMX First North • As of April 2014 Auriant Mining management holds 690 229 Premier shares – 3.9% of total • Total amount of options holds by company’s management is 1,306,768 • Total management shareholding on a fully diluted basis - 10.4% 2014-10-08 Auriant Presentation 3
Core Assets Auriant Mining AB (Stockholm) Auriant Management (Moscow) Solcocon (Alluvial) Solcocon (Hard Rock) C 1 +C 2 Au 1.3 t @ 1.2 g/m 3 C 1 +C 2 Au 15.8 t @ 5.2 g/t Uzhunzhul Uzhunzhul Exploration Solcocon Tardan and Greater Tardan Kara-Beldyr JV Tardan** Kara-Beldyr JV* C 1 +C 2 Au 8.7 t @ 4.1 g/t MI&I Au 500,000 oz @ 2.2 g/t * Auriant share in Kara-Beldyr is 30% ** Includes 2.5 tonnes of Greater Tardan reserves submitted for approval 2014-10-08 Auriant Presentation 4
Positioning Market position Auriant Mining is a junior producer with: SENIOR • A solid pipeline of projects • Increasing operating cash flows and growing MIDCAP Stage production Tardan Production SMALL • A core team with international experience in the gold PRODUCERS Solcocon Production / Exploration mining industry Kara-Beldyr JV Scoping Study Uzhunzhul Exploration JUNIOR/ DEVELOPMENT Greater Tardan Exploration Reserves & Resources C 1 C 2 C 1 + C 2 Alluvial/Hard Ore, Ore, Au, Au, Au, Ore, Ore, Au, Au, Au, Ore, Ore, Au, Au, Au, 000 m 3 g/t (g/m 3 )* 000 m 3 g/t (g/m 3 )* 000 m 3 Rock 000 t kg 000 oz 000 t kg 000 oz 000 t g/t (g/m3)* kg 000 oz Tardan Tardan deposit Hard Rock 1,335 3.5 4,661 150 325 4.8 1,565 50 1,660 3.7 6,226 200 Greater Tardan Hard Rock 528 4.46 2,356 76 15 6.67 101 3.2 543 4.52 2,457 79 Staroverinskaya Kozlovskoye Hard Rock 218 10.4 2, 030 65 841 7.8 6,585 212 1,059 8.1 8,615 277 Bogomolovskoye Hard Rock 2,000 3.6 7,184 231 2,000 3.6 7,184 231 Borzya Alluvial 271 0.9 233 7.5 817 1.3 1,060 34 1,088 1,293 41.6 Uzhunzhul Hard Rock TOTAL 271 2,081 7,250 234 817 3,181 16,495 530 1,088 5,262 25,775 829 Measured & Indicated Resources Inferred Resources MI&I Ore, Au, Ore, Au, Ore, Au, License Ore Type Au, g/t Au, kg Au, g/t Au, kg Au, g/t Au, kg 000 t 000 oz 000 t 000 oz 000 t 000 oz Kara-Beldyr* Hard Rock 3,790 2.4 8,989 289 3,354 2 6,563 211 7,144 2.2 15,552 500 * Represents overall Kara-Beldyr reserves 2014-10-08 Auriant Presentation 5
Board of Directors Lord Peter Daresbury Preston Haskell Chairman (NED and (NED) Independent) Board member since November 27, 2012. Peter Daresbury is a citizen of Chief Executive Officer until May 24, 2012 and Chairman of the United Kingdom, born in 1953. He has held many senior positions in the Board since May 24, 2012. Preston Haskell is Saint Kitts the mining industry, including Directorships in Sumatra Copper & Gold and Nevis citizen, born 1966, and has been active as a Ltd (2007 – 2012); Evraz Group S.A., Russia’s largest steel producer businessman in Russia since the early 1990s. (2005 – 2006); as well as Chairman of Kazakhgold Group Ltd (2005 - 2007); and Chairman of Highland Gold Mining Ltd, a major Russian Preston has a Degree in Economics from the University of gold miner (2002 – 2004). Peter is currently Chairman of Mallett PLC, Southern California in the U.S. Aintree Racecourse Ltd and Nasstar PLC. Current directorships include Bespoke Hotels Ltd, Rusant Ltd, a Russian antimony miner, and Pesto Restaurants. Since 2005, Peter Daresbury has been a member of Fleming Family and Partners Private Equity Investment Committee and since 1998 he serves as the Chairman of Aintree Racecourse Ltd. Peter has an MA in history from Cambridge University. Bertil Villard Andrê Bekker Ingmar Haga (NED and (NED and Independent) (NED and Independent) Independent) Board member since May 24, 2012. Ingmar Haga is a Board member since May 15, 2013. Bertil is a citizen of Board member since November 27 , 2012 . Andrê is a citizen of citizen of Finland, born 1951. Ingmar is currently Vice Sweden, born in 1952. He is a senior partner of Vinge law South Africa, born 1959. President Europe of Agnico Eagle Mines Limited, a firm, one of Sweden's largest law firms with a solid He is one of the most respected geologists and mining position he has held since 2006. He has held various reputation as a valuable adviser on corporate matters executives in Southern Africa. He is currently an Executive executive and corporate positions with the Outokumpu including corporate governance and mergers and Officer of Sylvania Platinum, a position he has held since Group in Finland and Canada. Prior to joining Agnico acquisitions. He has extensive practical corporate 2011. His previous experience includes Technical Director of Eagle, he was President of Polar Mining Oy, a Finnish governance experience from previously serving as secretary Amaria Holdings (2006 – 2010) a major resource investment subsidiary of Dragon Mining NL of Australia. He has also and board member of several publicly listed companies. company with projects in platinum, manganese, nickel and served as a board member of the Finnish Mining Prior to Vinge KB, his experience included Head of coal; Senior Operations Manager of Royal Bafokeng Association from 2007-2008 and as their Chairman in Corporate and Finance at Alfred Berg Fondkomission AB, Resources (2005 -2006), a major mining investor; Head of 2009. Since 2010 he has been a member of the Euromines General Counsel of Esselte AB, Swedish Match AB and Mining for the Industrial Development Corporation of South Steering Committee. Stora Kopparberg AB. He has also served as the Chairman Africa (1991 – 2005); as well as serving as the Assistant of several companies: AMF Pension AB, Lernia AB, Salus Resident Geologist for a major Anglo American South African Ingmar has an MSc from Åbo Akademi, Finland. Ansvar AB, Pergo AB and SEB Trygg Liv(Gamla). He is gold mine, and geologist of Rand Mines (1983 – 1986). currently serving as Chairman or board member in Novestra AB, Landsort Care AB 1-3(chairman),Mercuri Andrê has a BSc (Hons) from the University of Free State and International AB, Cleanergy AB, Voddler AB and a management diploma from Unisa. He is a member of the Prior&Nilsson Kapitalförvaltning AB. Geological Society of South Africa. Auriant Presentation 6 2014-10-08
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