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Committed to Shareholder
Value Creation
Australasia Marketing - UBS
April 8, 2013                 TSX: AUQ / NYSE: AUQ
                               www.auricogold.com
FORWARD LOOKING STATEMENTS
This presentation contains forward-looking statements and forward-looking information as defined under Canadian and U.S. securities laws. All statements,
other than statements of historical fact, are forward-looking statements. The words "expect", "believe", "anticipate", "will", "intend", "estimate", "forecast",
"budget" and similar expressions identify forward-looking statements. Forward-looking statements include information as to strategy, plans or future financial or
operating performance, such as the Company’s expansion plans, project timelines, production plans, projected cash flows or capital expenditures, cost
estimates, projected exploration results, reserve and resource estimates and other statements that express management’s expectations or estimates of future
performance.

Forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable by management, are
inherently subject to significant uncertainties and contingencies. Known and unknown factors could cause actual results to differ materially from those
projected in the forward-looking statements. Such factors include: uncertainty of production and cost estimates; fluctuations in the price of gold and foreign
exchange rates; the uncertainty of replacing depleted reserves; the risk that the Young-Davidson and El Chanate mine may not perform as planned; changes
in laws or regulations in Canada, Mexico and other jurisdictions in which the Company may carry on business; risks of obtaining necessary licenses, permits,
authorizations or approvals for operations or projects such as Kemess; contests over title to properties; the speculative nature of mineral exploration and
development; risks related to aboriginal title claims; compliance risks with respect to current and future environmental regulations; disruptions affecting
operations; opportunities that may be pursued by the Company; employee relations; availability and costs of mining inputs and labor; the ability to secure
capital to execute business plans; volatility of the Company’s share price; any decision to declare dividends; the effect of future financings; litigation; risk of
loss due to sabotage and civil disturbances; the values of assets and liabilities based on projected future cash flows; risks arising from holding derivative
instruments; risks arising from the absence of hedging; adequacy of internal control over financial reporting; changes in our credit rating; and the impact of
inflation.

Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained
herein. Such statements are based on a number of assumptions which may prove to be incorrect, including assumptions about: business and economic
conditions; commodity prices and the price of key inputs such as labour, fuel and electricity; credit market conditions and conditions in financial markets
generally; production levels, development rates and the costs for each; our ability to procure equipment and supplies in sufficient quantities and on a timely
basis; the timing of the receipt of permits and other approvals for our projects and operations; our ability to attract and retain skilled employees and contractors
for our operations; the accuracy of our reserve and resource estimates; the impact of changes in currency exchange rates on our costs and results; interest
rates; taxation; and our ongoing relations with our employees and business partners.

The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or
otherwise, except as required by applicable law.

Cautionary Note to U.S. Investors Concerning Measured, Indicated and Inferred Resources

This presentation uses the terms "measured," "indicated" and "inferred” resources. We advise investors that while those terms are recognized and required by
Canadian regulations, the United States Securities and Exchange Commission does not recognize them. Under Canadian rules, estimates of inferred mineral
resources may not form the basis of feasibility or other economic studies. United States investors are cautioned not to assume that all or any part of measured
or indicated mineral resources will ever be converted into mineral reserves. United States investors are also cautioned not to assume that all or any part of an
inferred mineral resource exists, or is economically or legally mineable.
                                                                                                                                                                       2
Capital Markets Profile


 Capital Structure                                  Analyst Coverage

                                                     1.     BMO Nesbitt Burns

 Cash on hand(1)                         ~US$300M    2.     Canaccord Genuity

                                                     3.     CIBC
                                                     4.     Credit Suisse
                                                     5.     Cowen Securities
 Available Credit          Facility(1)   US$150M
                                                     6.     Desjardins Securities

                                                     7.     Dundee Securities

                                                     8.     GMP Securities
 Fully diluted shares
                                          257.3M     9.     Mackie Research
 outstanding(1)
                                                    10.     Macquarie Securities
                                                    11.     Merrill Lynch

                                                    12.     National Bank
 Market Capitalization                    $1.6B
                                                    13.     Raymond James

                                                    14.     RBC Capital Markets

                                                    15.     Scotia Capital
 NYSE & TSX 3-month avg.
                                           4.4M     16.     TD Securities
 daily trading volume
                                                    17.     UBS

(1) Refer to endnote #1.                                                            3
A High Quality, Low Cost Asset Base

Streamlined Asset Base on the Lower End of the 2011 Industry Cost Curve
                                                                                                  $1895

                                                                                                  2011 gold price
                                                                                                  range


                                                                                                  $1319
Cash cost curve (US$/oz)




                                                                          Fosterville      El Cubo
                                           Young-Davidson        Ocampo                 Stawell
                            El Chanate




                                 Percentile of total paid gold                           Current asset

                                                                                         Divested asset
                                                                                          Source: 2011 Data


“We have significantly traded up on the overall quality of the asset base which positions
 AuRico well for reliable, consistent, and sustainable performance.”
                                                                                                              4
The Transformed AuRico

Delivering Reliable, Consistent, Sustainable Performance

                               •   High quality operations located in North America
                               •   Divested Non-Core Assets ($1.0B+)
              Quality Assets
                               •   Cash costs at lower end of industry cost curve
                               •   Long mine lives & growing reserves per share


                               • Strong organic production growth profile
    Organic Growth Profile     • Focused on quality, low-cost ounces
                               • Growing production per share


                               • Cash balance of ~US$300M(1)
     Peer-Leading Balance      • Undrawn debt facility of US$150M(1)
            Sheet
                               • Growing profitability and cash flow per share


                               •   Completed US$300M substantial issuer bid
      Shareholder Friendly     •   Launched peer-leading dividend policy
           Initiatives         •   Growing dividend per share
                               •   Insider buying
 (1) Refer to endnote #1.                                                             5
High Quality Asset Base

A Pure Gold Producer Focused on Quality Assets in North America

Young-Davidson, Canada                         2012A                 2013E(3)

Production Au oz.(5)                           56,138                120-140k

Cash Costs per Au oz.(2)                        $708                $575-$675

All-in Cash Costs per Au oz.(8)                       -           $1,250-$1,350

2012 Reserves and Resources (000’s oz. Au)

Proven and Probable Reserves                    3,804              2.60 Au g/t(4)
                                                                                                               Kemess
Measured and Indicated Resources                 855               2.71 Au g/t(4)

Inferred Resources                              1,260              2.80 Au g/t(4)

                                                                                                                                       Young-Davidson
El Chanate, Mexico                             2012A                 2013E(3)

Production Au oz.                              71,145                  70-80k

Cash Costs per Au oz.(2)                        $434                $550-$600

All-in Cash Costs per Au oz.(8)                       -            $900-$1,000
                                                                                                                          El Chanate
2012 Reserves and Resources (000’s oz. Au)
                                                                                                                             Orion
Proven and Probable Reserves                    1,204              0.67 Au g/t(4)

Measured and Indicated Resources                  41               0.37 Au g/t(4)
                                                                                     Operating Gold Mines
Inferred Resources                                6                0.48 Au g/t(4)
                                                                                     Exploration & Development Projects

(2) Refer to endnote #2.   (4) Refer to endnote #4.       (8) Refer to endnote #8.
(3) Refer to endnote #3.   (5) Refer to endnote #5.                                                                                                 6
Young-Davidson Mine
                                                                                                                      MCM Historic
                                                                                                      Ramp Portal     Mine Workings
                                                2012A       2013E(3)
                                                                                                        10350L
                                                                                           Open Pit
Production (gold ounces)(5)                     56,138   120,000-140,000    YD Historic
Cash Costs (per gold ounce)(2)                   $708      $575-$675       Mine Workings

All-in Cash Costs (per gold ounce)(8)              -      $1,250-$1,350

P&P Reserves     (oz.)(4)                                  3.8 million                                   NG Shaft        MCM Shaft
Resources    (oz.)(4)                                        900,000

Mine Life (reserves only)                                    16 years
                                                                                                                   UBZ Zone
• Low cost producer & strong                                                                               9890L
  production growth profile

• Long mine life: Opportunity for
  expansion as reserves                                                                                                 Mid-Shaft
                                                                                                                        Loading
  increase                                                                                                 9590L
                                                                                                                         Pocket

• Underground production                                                                                   9400L
  commenced Oct./12

• Mill exceeding design capacity
                                                                                                           9200L
• Hoisting ore targeted during
  Q3 2013

• Exploration focus on YD West
  Zone; orebody open at depth                                     YD West                                  8900L
(2) Refer to endnote #2.    (5) Refer to endnote #5.               Zone
(3) Refer to endnote #3.    (8) Refer to endnote #8.                                                                             7
(4) Refer to endnote #4.
Young-Davidson Life of Mine

                         Significant Mine Life: Opportunity for Expansion as Reserves Increase




                                                                                                                                                             Gold Ounces (000's)
Tonnes per day




                 2012A    2013E   2014E   2015E     2016E   2017E   2018E   2019E   2020E   2021E    2022E   2023E   2024E   2025E   2026E   2027E   2028E

                                                  Stockpiled Ore        Underground Ore             Open Pit Ore        Ounces

        Life of Mine profile depicts Proven & Probable Reserves only
                                                                                                                                                                                   8
El Chanate Mine
        Delivering Consistent, Stable Results; Lowest Quartile Cash Costs

             Open Pit Tonnes Per Day                                            Annual Production




                                       95,856                                                 67,092           71,145
                                                                              61,550
                            64,781                   47,823
                37,625
    24,610

     2009       2010         2011      2012            2009                    2010             2011             2012



•   Cash costs at lower end of industry cost                                                   2012A            2013E(3)

    curve                                         Production (gold ounces)                     71,145         70,000-80,000

                                                  Cash Costs (per gold ounce)(2)                $434           $550-$600
•   Target mining rates of ~100k tpd              All-in Cash Costs (per gold ounce)(8)           -           $900-$1,000

                                                  P&P Reserves (oz.)                                           1.2 million
•   Accelerated pre-development program
                                                  Mine Life (reserves only)                                     7 years
    complete in mid-2013

•   High exploration potential for expansion of
    existing reserves                             (2) Refer to endnote #2.         (8) Refer to endnote #8.
                                                  (3) Refer to endnote #3.                                                    9
New Mineralization at El Chanate(4)
                                   Loma Prieta
                Hole ID From (m)     To (m) Length (m)   Au g/t
               CHCI-705   46.5        54.0      7.5       0.92
               CHCI-716   52.5        64.5     12.0       8.35                       North West Zone
                          58.5        66.0      7.5       3.60     Hole ID   From (m)     To (m) Length (m)    Au g/t
               CHCI-717
                          88.5        93.0      4.5       6.52                 183.0      192.0       9.0       0.31
               CHCI-725   61.5        75.0     13.5       1.70    CHCI-731
                                                                               210.0      217.5       7.5       0.26
               CHCI-727   48.0        54.0      6.0       4.52    CHCI-732      55.5       82.5      27.0       0.45
               CHCI-747   64.5        70.5      6.0       2.10    CHCI-733      24.0       34.5      10.5       0.91
                                                                  CHCI-734     133.5      141.0       7.5       1.51
                                                                  CHCI-735      97.5      103.5       6.0       2.07
                                                                  CHCI-749       7.5       21.0      13.5       0.19




                                                                                        Rono
                                                                   Hole ID   From (m)   To (m)  Length (m)      Au g/t
                                                                  CHCI-740      76.5    135.0      58.5          0.27
                                                                  CHCI-741     114.0    166.5 Hole 741
                                                                                                   52.5          0.34

(view looking south)
 El Chanate Mine       (looking south)                                                           (4) Refer to endnote #4.
                                                                                                                            10
Kemess Underground

Kemess, Canada - Gold
                                                               •   Copper/gold porphyry deposit

2012 Reserves and Resources (000’s oz Au)                      •   Located in British Columbia, Canada
Proven and Probable Reserves         1,805    0.56 Au g/t(4)

Measured and Indicated Resources      854     0.41 Au g/t(4)
                                                               •   Feasibility Study completed
Inferred Resources                    125     0.39 Au g/t(4)
                                                                   •   Underground block cave operation
Kemess, Canada - Copper
                                                                   •   105k oz Au and 44M lbs Cu annually
2012 Reserves and Resources (000’s lbs Cu)

Probable Reserves                   619,151     0.28%(4)           •   Cash costs of $213 per gold ounce (net of
Indicated Resources                 346,546     0.24%(4)
                                                                       by-product credits)
Inferred Resources                  46,101      0.21%(4)
                                                                   •   Approx. 12 year mine life

                                                                   •   Significant leverage to higher metal prices

                                                                   •   Existing infrastructure:

                                                                         •   Mill facilities, and previously
                                                                             permitted tailings storage

                                                               •   Value surfacing opportunity
(4) Refer to endnote #4.                                                                                             11
Orion Joint Venture

•    50/50 Joint Venture partnership
                                                       Orion, Mexico - Gold

        •    AuRico and Minera Frisco                  2012 Resources (000’s oz. Au)


        •    $2.0M (10,000m) combined                  Measured and Indicated Resources    65     3.36 Au g/t(4)

             exploration program (2013)
                                                       Inferred Resources                  10     3.33 Au g/t(4)

•    110,000 hectare land package (Nayarit
     State, Mexico)
                                                       Orion, Mexico - Silver

        •    Historic mining district                  2012 Resources (000’s oz. Ag)


        •    Low sulfidation, high-grade, epithermal   Indicated Resources                5,503   309 Ag g/t(4)

             vein system mapped over 12km
                                                       Inferred Resources                 275      95 Ag g/t(4)
        •    Less than 3% of property has been drill
             tested

        •    Minimal exploration near surface and
             untested at depth

•    Value surfacing opportunity

(4) Refer to endnote #4.                                                                                           12
Free Cash Generating Capacity

Increasing production profile(7)

                      400                                                                                    $700




                                                                                                                      Cash costs per ounce
                      300                                                                                    $600
   Ounces (000’s)




                      200                                                                                    $500


                      100                                                                                    $400


                        0                                                                                    $300
                             2012A   2013E                          2014E                   2015E

                                         Production                 Cash Costs

Robust cash flow profile driven by long life mines, production growth and decreasing capital expenditure profile(7)

                    $250
                    $150
US$ (000's)




                     $50
                     ($50)
                    ($150)
                    ($250)
                    ($350)
                    ($450)
                             2012A             2013E                 2014E                    2015E
                                             Consolidated Capex         FCF                                                                  13
(7) Refer to endnote #7.
Dividend Policy
•      2013: Equivalent annual dividend of $0.16 per common share (payable quarterly)
         • First quarterly dividend declared on March 25, 2013

         • Board decision to use current strong cash position reflects confidence in growing cash flow stream
           starting in 2014

•      2014: 20% payout ratio of operating cash flow (“OCF”) generated in the preceding quarter,
       divided by outstanding common shares at time of approval
•      Peer-leading yield with opportunity to increase
•      Increased shareholder exposure through recent US$300M share buyback

    Illustrative Yield per Street Consensus Operating Cash Flow per Share(6)

                                                           Payout ratio: 20% OCF
           Initial dividend of
            $0.16/per share                                                                    3.5%
                                                                    3.0%
                   2.6%                   2.4%




                  2013A                  2014E                      2015E                     2016E
    (6) Refer to endnote #6.                                                                                    14
Accretive Growth Per Share

Operating Cash Flow per Share (US$)(7)                Earnings per Share (US$)(7)                                          Free Cash Flow per Share (US$)(7)

                                                                                                             $0.57
                               $0.91         $0.92                                            $0.50

                                                                            $0.36                                                                                                 $0.66
               $0.64                                                                                                                                              $0.39
                                                                                                                              ($1.31)         ($0.12)

                                                         ($0.34)




   $0.05


  2012A       2013E            2014E         2015E        2012A          2013E                2014E          2015E             2012A           2013E              2014E          2015E




                                                     Proven & Probable Reserves per 1,000
Gold Production per 1,000 Shares (oz.)(7)                                                                                   All-in Resources per 1,000 Shares (oz.)(4)
                                                     Shares (oz.)(4)
                                              1.1                                                               27.7
                                       1.0                                                                                                                                          40.7
                                                                                                      24.1                                               36.7             35.5
                        0.8
                                                                                     18.2
                                                                     15.5
                                                                                                                                           20.8
             0.5
                                                         8.8
                                                                                                                               10.1
     0.2




   2011A    2012A      2013E      2014E      2015E     Apr. 2011   Oct. 2011        YE 2011       YE 2012      Current       Apr. 2011 Oct. 2011        YE 2011      YE 2012       Current
                                                      (Post CGC (Post NGX                                    (Apr. 2013)    (Post CGC (Post NGX                                  (Apr. 2013)
                                                     Acquisition) Acquisition)                                             Acquisition) Acquisition)

 (4) Refer to endnote #4.
 (7) Refer to endnote #7.
                                                                                                                                                                                               15
The Transformed AuRico

                  Delivering Reliable, Consistent, Sustainable Performance

                                     •   High quality operations located in North America
                                     •   Divested Non-Core Assets ($1.0B+)
           Quality Assets
                                     •   Cash costs at lower end of industry cost curve
                                     •   Long mine lives & growing reserves per share


                                     • Strong organic production growth profile
  Organic Growth Profile             • Focused on quality, low-cost ounces
                                     • Growing production per share


                                     • Cash balance of ~US$300M(1)
   Peer-Leading Balance              • Undrawn debt facility of US$150M(1)
          Sheet
                                     • Growing profitability and cash flow per share


                                     •   Completed US$300M substantial issuer bid
    Shareholder Friendly             •   Launched peer-leading dividend policy
         Initiatives                 •   Growing dividend per share
                                     •   Insider buying
(1) Refer to endnote #1.                                                                    16
Endnotes
1.   Company cash on hand as of December 31, 2012 and fully diluted shares (excluding convertible debentures) as of February 28, 2013, have been
     adjusted for the completion of a US$300M Substantial Issuer Bid. For more information on the Substantial Issuer Bid, please refer to the press release
     dated January 29, 2013, available on the Company website at www.auricogold.com. AuRico Gold established a $150M credit facility January 29, 2013.
2.   Cash costs for the Young-Davidson and El Chanate mines are calculated on a per gold ounce basis, using by-product revenues as a cost credit. Cash
     costs for the Young-Davidson mine are attributable to commercial production ounces only, all underground costs are capitalized, and any revenue related
     to underground ounces sold is credited against capital. Cash cost per ounce is a non-GAAP performance measure management uses to better assess
     the Company’s performance for the current period and its expected performance in the future. This non-GAAP measure does not have any standardized
     meaning prescribed by GAAP, and should not be considered in isolation from or as a substitute for performance measures prepared in accordance with
     GAAP. For more information regarding this measure, please refer to the press release dated March 25, 2013 titled AuRico Reports Fourth Quarter and
     Annual Financial Results, under the heading “Non-GAAP Measures”, available on the Company website at www.auricogold.com.
3.   For more information regarding AuRico Gold’s 2013 operational estimates, including production, costs, and capital investments, please refer to the press
     release dated March 25, 2013 titled AuRico Reports Fourth Quarter and Annual Financial Results available on the Company website at
     www.auricogold.com.
4.   Reserves and resources for Young-Davidson and El Chanate mines, Kemess Underground Project, and Orion represent gold or gold equivalent grade as
     per technical reports and Company disclosure. For more information regarding AuRico Gold’s Mineral Reserves and Resources as at December 31,
     2012 and the Kemess Feasibility Study, please refer to the press release dated March 25, 2013 titled AuRico Reports 2012 Reserve & Resource Update
     and Kemess Feasibility Study Results, available on the Company website at www.auricogold.com. Measured and indicated resources excludes inferred
     resources.
5.   Production figures include gold ounces only. 2012 production at the Young-Davidson mine includes pre-production ounces as well as ounces produced
     subsequent to the declaration of commercial production on September 1, 2012.
6.   The illustrative yield assumes the share price as of April 1, 2013. Figures for 2014-2016 are based on consensus data only and a US$1,600/oz gold
     price. Consensus data is as of April 2, 2013. For more information regarding AuRico Gold’s dividend policy, please refer to the press release dated
     February 21, 2013, available on the Company website at www.auricogold.com.
7.   Figures include 2012 results for continuing operations only. Figures for 2013 include mid-point of 2013 operational estimates and consensus data.
     Figures for 2014 and 2015 are based on consensus data only. Figures for 2013-2015 are based on a US$1,600/oz gold price assumption and shares
     outstanding assumed to be constant at the January 31, 2013 level subsequent to the completion of a US$300M Substantial Issuer Bid. Consensus data
     is as of April 2, 2013. AuRico Gold’s 2013 operational outlook is disclosed in the press release dated March 25, 2013 titled AuRico Reports Fourth
     Quarter and Annual Financial Results, available on the Company website at www.auricogold.com.
8.   The Company intends to provide all-in cash costs as a reported measure in 2013. All-in costs are defined as cash costs, sustaining capital, corporate
     general and administrative expense and exploration expense. Cash costs for the Young-Davidson mine are attributable to commercial production ounces
     only, all underground costs are capitalized, and any revenue related to underground ounces sold is credited against capital.




                                                                                                                                                                17
Committed to Shareholder
Value Creation
Australasia Marketing - UBS
April 8, 2013                 TSX: AUQ / NYSE: AUQ
                               www.auricogold.com
Appendix
2013 Operational Estimates                                                          (3)



                           2013 Operational Estimates (March 25, 2013)
                           Gold Production (ounces)
                              Young-Davidson                                                  120,000-140,000
                              El Chanate                                                       70,000-80,000
                           Total Production                                                   190,000-220,000
                           Cash Costs per Ounce
                              Young-Davidson                                                    $575-$675
                              El Chanate                                                        $550-$600
                           Total Cash Costs per Ounce                                           $565-$645
                           All-in Cash Costs
                             Young-Davidson                                                    $1,250-$1,350
                             El Chanate                                                         $900-$1,000
                           Total All-in Cash Costs per Ounce                                   $1,100-$1,200
                           Capital Investment Program (US$000’s)
                              Young-Davidson
                                   Non-recurring Growth Capital
                                         Paste Backfill Plant                                 $45,000-$50,000
                                         Shaft and Mid-Shaft Loading and Crushing Facility    $25,000-$30,000
                                         Open Pit Mine Development                             $6,000-$8,000
                                   Sustaining Capital                                         $59,000-$62,000
                              Total Capital Investment – Young Davidson                      $135,000-$150,000
                              El Chanate
                                   Non-recurring Growth Capital
                                         Southeast Open Pit Expansion                         $20,000-$25,000
                                         Heap Leach Expansion                                  $2,000-$3,000
                                   Sustaining Capital                                          $8,000-$12,000
                           Total Capital Investment – El Chanate                              $30,000-$40,000
                           Total Capital Investment                                          $165,000-$190,000
                           Depletion and Amortization (US$ per ounce)
                              Young-Davidson                                                    $300-$310
                              El Chanate                                                        $245-$255
                           Total Depletion and Amortization                                     $280-$290
                           Exploration (US$000’s)
                              Young-Davidson                                                    Up to $3,500
                              El Chanate                                                        Up to $3,500
                              Other Properties                                                  Up to $8,000
                           Total Exploration                                                   Up to $15,000
                           General and Administrative (US$000’s)
                              Corporate G&A                                                      $25,000
(3) Refer to endnote #3.                                                                                         20
All-in Costs & Cost Allocation

                                   All-in Costs

  2013 All-in Consolidated Costs   • Provides increased transparency
       $1,100-$1,200 per ounce
                                   • More representative of actual cost of production
             Corporate
               G&A                 • Removes influence of accounting treatments
            Exploration
                                   • Can be reconciled to OCF

             Sustaining

                                                  Cash Cost Allocation


                                                     Materials/Mtc
                                                         9%


                                              Consumables
                                                  19%                Labour
            Cash Costs                                                57%
                                                                 (Includes contract
                                                  Diesel               labour)
                                                   9%

                                                  Power
                                                   6%



                                                                                        21
Proven and Probable Reserves

                                 Proven Reserves                              Probable Reserves

                                   Tonnes         Gold        Gold Oz.         Tonnes        Gold         Gold Oz.
                                   (000's)        (g/t)        (000's)         (000's)       (g/t)         (000's)
                   El Chanate        36,845           0.68         801           19,015            0.66         403

      Young-Davidson - Surface        3,934           1.28         162            2,491            1.36         109
  Young-Davidson - Underground        4,547           2.97         434           34,490            2.80       3,100
         Total Young-Davidson         8,481           2.19         596           36,981            2.70       3,209

  Kemess Underground (KUG)                   -            -              -      100,373            0.56       1,805

                AuRico - Total       45,326           0.96        1,397         156,369            1.08       5,417


                                                                  Total Proven and Probable Reserves

                                                                    Tonnes                Gold            Gold Oz.
                                                                    (000's)               (g/t)            (000's)
                                                    El Chanate               55,859               0.67        1,204

                                    Young-Davidson - Surface                  6,425               1.31          271

                             Young-Davidson - Underground                    39,037               2.82        3,534

                                      Total Young-Davidson                   45,462               2.60        3,804

                                 Kemess Underground (KUG)             100,373                     0.56        1,805

                                                 AuRico - Total       201,695                     1.05        6,813
                                                                                                                      22
Measured and Indicated Resources

                                  Measured Resources                  Indicated Resources

                                  Tonnes       Gold        Gold Oz.     Tonnes            Gold      Gold Oz.
                                  (000's)      (g/t)        (000's)     (000's)           (g/t)      (000's)
                    El Chanate       1,233        0.31           12          2,235          0.40              29
       Young-Davidson - Surface        98         1.60            5           193           1.76              11
   Young-Davidson - Underground       877         4.17          118          8,654          2.59          722
          Total Young-Davidson        975         3.91          123          8,846          2.58          733
   Kemess Underground (KUG)              -             -          -         65,432          0.41          854
                   Orion (50%)           -             -          -           554           3.66              65

                 AuRico - Total      2,208        1.90          135         77,067          0.68        1,680


                                                            Total Measured and Indicated Resources

                                                              Tonnes              Gold             Gold Oz.
                                                              (000's)             (g/t)             (000's)
                                             El Chanate           3,468               0.37                    41
                              Young-Davidson - Surface                291             1.70                    16
                         Young-Davidson - Underground             9,531               2.74                839
                                  Total Young-Davidson            9,821               2.71                855
                          Kemess Underground (KUG)               65,432               0.41                854
                                             Orion (50%)              554             3.36                    65

                                         AuRico - Total          79,274               0.71              1,815
                                                                                                                   23
Inferred and Copper Resources
                                        Inferred Resources
                                            Tonnes            Gold            Gold Oz.
                                            (000's)           (g/t)            (000's)
                          El Chanate                  409             0.48                 6
             Young-Davidson - Surface                31               0.99              1
         Young-Davidson - Underground            13,983               2.80          1,259
                Total Young-Davidson             14,014               2.80          1,260
         Kemess Underground (KUG)                 9,969               0.39           125

                         Orion (50%)                   91             3.33                10

                       AuRico - Total            24,483               1.78          1,400

                                        Copper Reserves & Resources
                                            Tonnes           Copper          Copper lbs.
                             Kemess
                                            (000’s)           (%)              (000’s)
                   Probable Reserves           100,373                0.28       619,151

                 Indicated Resources            65,432                0.24       346,546

                   Inferred Resources             9,969               0.21         46,101

                                        Silver Resources
                                            Tonnes           Silver          Silver Oz.
                                Orion
                                            (000's)           (g/t)           (000's)
                  Indicated Resources                 554             309           5,503

                   Inferred Resources                  91              95             275      24
Notes to Reserves and Resources
Notes:

•   Mineral Reserves and Resources have been stated as at December 31, 2012.
•   Mineral Resources are in addition to Mineral Reserves. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability when calculated using Mineral
    Reserve assumptions. Reserves have been reported in accordance with NI 43-101, as required by Canadian securities regulatory authorities. In addition, while the terms “Measured”,
    “Indicated and “Inferred” Mineral Resources are required pursuant to NI 43-101, the SEC does not recognize such terms. Canadian standards differ significantly from the requirements of
    the SEC, and mineral resource information contained herein is not comparable to similar information regarding mineral reserves disclosed in accordance with the requirements of the SEC.
    Investors should understand that “Inferred” Mineral Resources have a great amount of uncertainty as to their existence and great uncertainty as to their economic and legal feasibility. In
    addition, investors are cautioned not to assume that any part or all of AuRico’s Mineral Resources constitute or will be converted into Reserves.
•   Following the completion of a joint venture agreement, Minera Frisco has a 50% interest in the Orion Project.
•   Mineral resource tonnage and contained metal have been rounded to reflect the accuracy of the estimate, and numbers may not add due to rounding.

The following metal prices were used for the calculation of Reserves and Resources:

                                               Reserves                                Resources

                                       USD      Au $/oz       Ag $/oz       Cu $/lb      Au $/oz       Ag $/oz      Cu $/lb
                                 El Chanate      $1,400           -            -         $1,600           -            -
                           Young-Davidson        $1,400           -            -         $1,600           -            -
                      Kemess Underground         $1,300        $23.00        $3.00                  $13.00 NSR
                                      Orion         -             -            -          $850         $13.00          -

Reserves and Resources were prepared under the supervision of the following Qualified Persons:

                                              Resources                                             Reserves

                                               Jeffrey Volk, CPG, FAusIMM, Director Reserves
                               El Chanate                                                            Chris Sharpe, P.Eng, Manager Mining, AuRico Gold Inc.
                                                       and Resources, AuRico Gold Inc.

                                               Jeffrey Volk, CPG, FAusIMM, Director Reserves
             Young-Davidson - Open Pit                                                               Chris Sharpe, P.Eng, Manager Mining, AuRico Gold Inc.
                                                       and Resources, AuRico Gold Inc.

                                               Jeffrey Volk, CPG, FAusIMM, Director Reserves            Chris Bostwick, FAusIMM, SVP Technical Services,
         Young-Davidson - Underground
                                                       and Resources, AuRico Gold Inc.                                   AuRico Gold Inc.

                                               Jeffrey Volk, CPG, FAusIMM, Director Reserves            Chris Bostwick, FAusIMM, SVP Technical Services,
                   Kemess Underground
                                                       and Resources, AuRico Gold Inc.                                   AuRico Gold Inc.

                                               Jeffrey Volk, CPG, FAusIMM, Director Reserves
                                    Orion
                                                       and Resources, AuRico Gold Inc.


                                                                                                                                                                                              25

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Australasia Marketing

  • 1. Committed to Shareholder Value Creation Australasia Marketing - UBS April 8, 2013 TSX: AUQ / NYSE: AUQ www.auricogold.com
  • 2. FORWARD LOOKING STATEMENTS This presentation contains forward-looking statements and forward-looking information as defined under Canadian and U.S. securities laws. All statements, other than statements of historical fact, are forward-looking statements. The words "expect", "believe", "anticipate", "will", "intend", "estimate", "forecast", "budget" and similar expressions identify forward-looking statements. Forward-looking statements include information as to strategy, plans or future financial or operating performance, such as the Company’s expansion plans, project timelines, production plans, projected cash flows or capital expenditures, cost estimates, projected exploration results, reserve and resource estimates and other statements that express management’s expectations or estimates of future performance. Forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable by management, are inherently subject to significant uncertainties and contingencies. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements. Such factors include: uncertainty of production and cost estimates; fluctuations in the price of gold and foreign exchange rates; the uncertainty of replacing depleted reserves; the risk that the Young-Davidson and El Chanate mine may not perform as planned; changes in laws or regulations in Canada, Mexico and other jurisdictions in which the Company may carry on business; risks of obtaining necessary licenses, permits, authorizations or approvals for operations or projects such as Kemess; contests over title to properties; the speculative nature of mineral exploration and development; risks related to aboriginal title claims; compliance risks with respect to current and future environmental regulations; disruptions affecting operations; opportunities that may be pursued by the Company; employee relations; availability and costs of mining inputs and labor; the ability to secure capital to execute business plans; volatility of the Company’s share price; any decision to declare dividends; the effect of future financings; litigation; risk of loss due to sabotage and civil disturbances; the values of assets and liabilities based on projected future cash flows; risks arising from holding derivative instruments; risks arising from the absence of hedging; adequacy of internal control over financial reporting; changes in our credit rating; and the impact of inflation. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained herein. Such statements are based on a number of assumptions which may prove to be incorrect, including assumptions about: business and economic conditions; commodity prices and the price of key inputs such as labour, fuel and electricity; credit market conditions and conditions in financial markets generally; production levels, development rates and the costs for each; our ability to procure equipment and supplies in sufficient quantities and on a timely basis; the timing of the receipt of permits and other approvals for our projects and operations; our ability to attract and retain skilled employees and contractors for our operations; the accuracy of our reserve and resource estimates; the impact of changes in currency exchange rates on our costs and results; interest rates; taxation; and our ongoing relations with our employees and business partners. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law. Cautionary Note to U.S. Investors Concerning Measured, Indicated and Inferred Resources This presentation uses the terms "measured," "indicated" and "inferred” resources. We advise investors that while those terms are recognized and required by Canadian regulations, the United States Securities and Exchange Commission does not recognize them. Under Canadian rules, estimates of inferred mineral resources may not form the basis of feasibility or other economic studies. United States investors are cautioned not to assume that all or any part of measured or indicated mineral resources will ever be converted into mineral reserves. United States investors are also cautioned not to assume that all or any part of an inferred mineral resource exists, or is economically or legally mineable. 2
  • 3. Capital Markets Profile Capital Structure Analyst Coverage 1. BMO Nesbitt Burns Cash on hand(1) ~US$300M 2. Canaccord Genuity 3. CIBC 4. Credit Suisse 5. Cowen Securities Available Credit Facility(1) US$150M 6. Desjardins Securities 7. Dundee Securities 8. GMP Securities Fully diluted shares 257.3M 9. Mackie Research outstanding(1) 10. Macquarie Securities 11. Merrill Lynch 12. National Bank Market Capitalization $1.6B 13. Raymond James 14. RBC Capital Markets 15. Scotia Capital NYSE & TSX 3-month avg. 4.4M 16. TD Securities daily trading volume 17. UBS (1) Refer to endnote #1. 3
  • 4. A High Quality, Low Cost Asset Base Streamlined Asset Base on the Lower End of the 2011 Industry Cost Curve $1895 2011 gold price range $1319 Cash cost curve (US$/oz) Fosterville El Cubo Young-Davidson Ocampo Stawell El Chanate Percentile of total paid gold Current asset Divested asset Source: 2011 Data “We have significantly traded up on the overall quality of the asset base which positions AuRico well for reliable, consistent, and sustainable performance.” 4
  • 5. The Transformed AuRico Delivering Reliable, Consistent, Sustainable Performance • High quality operations located in North America • Divested Non-Core Assets ($1.0B+) Quality Assets • Cash costs at lower end of industry cost curve • Long mine lives & growing reserves per share • Strong organic production growth profile Organic Growth Profile • Focused on quality, low-cost ounces • Growing production per share • Cash balance of ~US$300M(1) Peer-Leading Balance • Undrawn debt facility of US$150M(1) Sheet • Growing profitability and cash flow per share • Completed US$300M substantial issuer bid Shareholder Friendly • Launched peer-leading dividend policy Initiatives • Growing dividend per share • Insider buying (1) Refer to endnote #1. 5
  • 6. High Quality Asset Base A Pure Gold Producer Focused on Quality Assets in North America Young-Davidson, Canada 2012A 2013E(3) Production Au oz.(5) 56,138 120-140k Cash Costs per Au oz.(2) $708 $575-$675 All-in Cash Costs per Au oz.(8) - $1,250-$1,350 2012 Reserves and Resources (000’s oz. Au) Proven and Probable Reserves 3,804 2.60 Au g/t(4) Kemess Measured and Indicated Resources 855 2.71 Au g/t(4) Inferred Resources 1,260 2.80 Au g/t(4) Young-Davidson El Chanate, Mexico 2012A 2013E(3) Production Au oz. 71,145 70-80k Cash Costs per Au oz.(2) $434 $550-$600 All-in Cash Costs per Au oz.(8) - $900-$1,000 El Chanate 2012 Reserves and Resources (000’s oz. Au) Orion Proven and Probable Reserves 1,204 0.67 Au g/t(4) Measured and Indicated Resources 41 0.37 Au g/t(4) Operating Gold Mines Inferred Resources 6 0.48 Au g/t(4) Exploration & Development Projects (2) Refer to endnote #2. (4) Refer to endnote #4. (8) Refer to endnote #8. (3) Refer to endnote #3. (5) Refer to endnote #5. 6
  • 7. Young-Davidson Mine MCM Historic Ramp Portal Mine Workings 2012A 2013E(3) 10350L Open Pit Production (gold ounces)(5) 56,138 120,000-140,000 YD Historic Cash Costs (per gold ounce)(2) $708 $575-$675 Mine Workings All-in Cash Costs (per gold ounce)(8) - $1,250-$1,350 P&P Reserves (oz.)(4) 3.8 million NG Shaft MCM Shaft Resources (oz.)(4) 900,000 Mine Life (reserves only) 16 years UBZ Zone • Low cost producer & strong 9890L production growth profile • Long mine life: Opportunity for expansion as reserves Mid-Shaft Loading increase 9590L Pocket • Underground production 9400L commenced Oct./12 • Mill exceeding design capacity 9200L • Hoisting ore targeted during Q3 2013 • Exploration focus on YD West Zone; orebody open at depth YD West 8900L (2) Refer to endnote #2. (5) Refer to endnote #5. Zone (3) Refer to endnote #3. (8) Refer to endnote #8. 7 (4) Refer to endnote #4.
  • 8. Young-Davidson Life of Mine Significant Mine Life: Opportunity for Expansion as Reserves Increase Gold Ounces (000's) Tonnes per day 2012A 2013E 2014E 2015E 2016E 2017E 2018E 2019E 2020E 2021E 2022E 2023E 2024E 2025E 2026E 2027E 2028E Stockpiled Ore Underground Ore Open Pit Ore Ounces Life of Mine profile depicts Proven & Probable Reserves only 8
  • 9. El Chanate Mine Delivering Consistent, Stable Results; Lowest Quartile Cash Costs Open Pit Tonnes Per Day Annual Production 95,856 67,092 71,145 61,550 64,781 47,823 37,625 24,610 2009 2010 2011 2012 2009 2010 2011 2012 • Cash costs at lower end of industry cost 2012A 2013E(3) curve Production (gold ounces) 71,145 70,000-80,000 Cash Costs (per gold ounce)(2) $434 $550-$600 • Target mining rates of ~100k tpd All-in Cash Costs (per gold ounce)(8) - $900-$1,000 P&P Reserves (oz.) 1.2 million • Accelerated pre-development program Mine Life (reserves only) 7 years complete in mid-2013 • High exploration potential for expansion of existing reserves (2) Refer to endnote #2. (8) Refer to endnote #8. (3) Refer to endnote #3. 9
  • 10. New Mineralization at El Chanate(4) Loma Prieta Hole ID From (m) To (m) Length (m) Au g/t CHCI-705 46.5 54.0 7.5 0.92 CHCI-716 52.5 64.5 12.0 8.35 North West Zone 58.5 66.0 7.5 3.60 Hole ID From (m) To (m) Length (m) Au g/t CHCI-717 88.5 93.0 4.5 6.52 183.0 192.0 9.0 0.31 CHCI-725 61.5 75.0 13.5 1.70 CHCI-731 210.0 217.5 7.5 0.26 CHCI-727 48.0 54.0 6.0 4.52 CHCI-732 55.5 82.5 27.0 0.45 CHCI-747 64.5 70.5 6.0 2.10 CHCI-733 24.0 34.5 10.5 0.91 CHCI-734 133.5 141.0 7.5 1.51 CHCI-735 97.5 103.5 6.0 2.07 CHCI-749 7.5 21.0 13.5 0.19 Rono Hole ID From (m) To (m) Length (m) Au g/t CHCI-740 76.5 135.0 58.5 0.27 CHCI-741 114.0 166.5 Hole 741 52.5 0.34 (view looking south) El Chanate Mine (looking south) (4) Refer to endnote #4. 10
  • 11. Kemess Underground Kemess, Canada - Gold • Copper/gold porphyry deposit 2012 Reserves and Resources (000’s oz Au) • Located in British Columbia, Canada Proven and Probable Reserves 1,805 0.56 Au g/t(4) Measured and Indicated Resources 854 0.41 Au g/t(4) • Feasibility Study completed Inferred Resources 125 0.39 Au g/t(4) • Underground block cave operation Kemess, Canada - Copper • 105k oz Au and 44M lbs Cu annually 2012 Reserves and Resources (000’s lbs Cu) Probable Reserves 619,151 0.28%(4) • Cash costs of $213 per gold ounce (net of Indicated Resources 346,546 0.24%(4) by-product credits) Inferred Resources 46,101 0.21%(4) • Approx. 12 year mine life • Significant leverage to higher metal prices • Existing infrastructure: • Mill facilities, and previously permitted tailings storage • Value surfacing opportunity (4) Refer to endnote #4. 11
  • 12. Orion Joint Venture • 50/50 Joint Venture partnership Orion, Mexico - Gold • AuRico and Minera Frisco 2012 Resources (000’s oz. Au) • $2.0M (10,000m) combined Measured and Indicated Resources 65 3.36 Au g/t(4) exploration program (2013) Inferred Resources 10 3.33 Au g/t(4) • 110,000 hectare land package (Nayarit State, Mexico) Orion, Mexico - Silver • Historic mining district 2012 Resources (000’s oz. Ag) • Low sulfidation, high-grade, epithermal Indicated Resources 5,503 309 Ag g/t(4) vein system mapped over 12km Inferred Resources 275 95 Ag g/t(4) • Less than 3% of property has been drill tested • Minimal exploration near surface and untested at depth • Value surfacing opportunity (4) Refer to endnote #4. 12
  • 13. Free Cash Generating Capacity Increasing production profile(7) 400 $700 Cash costs per ounce 300 $600 Ounces (000’s) 200 $500 100 $400 0 $300 2012A 2013E 2014E 2015E Production Cash Costs Robust cash flow profile driven by long life mines, production growth and decreasing capital expenditure profile(7) $250 $150 US$ (000's) $50 ($50) ($150) ($250) ($350) ($450) 2012A 2013E 2014E 2015E Consolidated Capex FCF 13 (7) Refer to endnote #7.
  • 14. Dividend Policy • 2013: Equivalent annual dividend of $0.16 per common share (payable quarterly) • First quarterly dividend declared on March 25, 2013 • Board decision to use current strong cash position reflects confidence in growing cash flow stream starting in 2014 • 2014: 20% payout ratio of operating cash flow (“OCF”) generated in the preceding quarter, divided by outstanding common shares at time of approval • Peer-leading yield with opportunity to increase • Increased shareholder exposure through recent US$300M share buyback Illustrative Yield per Street Consensus Operating Cash Flow per Share(6) Payout ratio: 20% OCF Initial dividend of $0.16/per share 3.5% 3.0% 2.6% 2.4% 2013A 2014E 2015E 2016E (6) Refer to endnote #6. 14
  • 15. Accretive Growth Per Share Operating Cash Flow per Share (US$)(7) Earnings per Share (US$)(7) Free Cash Flow per Share (US$)(7) $0.57 $0.91 $0.92 $0.50 $0.36 $0.66 $0.64 $0.39 ($1.31) ($0.12) ($0.34) $0.05 2012A 2013E 2014E 2015E 2012A 2013E 2014E 2015E 2012A 2013E 2014E 2015E Proven & Probable Reserves per 1,000 Gold Production per 1,000 Shares (oz.)(7) All-in Resources per 1,000 Shares (oz.)(4) Shares (oz.)(4) 1.1 27.7 1.0 40.7 24.1 36.7 35.5 0.8 18.2 15.5 20.8 0.5 8.8 10.1 0.2 2011A 2012A 2013E 2014E 2015E Apr. 2011 Oct. 2011 YE 2011 YE 2012 Current Apr. 2011 Oct. 2011 YE 2011 YE 2012 Current (Post CGC (Post NGX (Apr. 2013) (Post CGC (Post NGX (Apr. 2013) Acquisition) Acquisition) Acquisition) Acquisition) (4) Refer to endnote #4. (7) Refer to endnote #7. 15
  • 16. The Transformed AuRico Delivering Reliable, Consistent, Sustainable Performance • High quality operations located in North America • Divested Non-Core Assets ($1.0B+) Quality Assets • Cash costs at lower end of industry cost curve • Long mine lives & growing reserves per share • Strong organic production growth profile Organic Growth Profile • Focused on quality, low-cost ounces • Growing production per share • Cash balance of ~US$300M(1) Peer-Leading Balance • Undrawn debt facility of US$150M(1) Sheet • Growing profitability and cash flow per share • Completed US$300M substantial issuer bid Shareholder Friendly • Launched peer-leading dividend policy Initiatives • Growing dividend per share • Insider buying (1) Refer to endnote #1. 16
  • 17. Endnotes 1. Company cash on hand as of December 31, 2012 and fully diluted shares (excluding convertible debentures) as of February 28, 2013, have been adjusted for the completion of a US$300M Substantial Issuer Bid. For more information on the Substantial Issuer Bid, please refer to the press release dated January 29, 2013, available on the Company website at www.auricogold.com. AuRico Gold established a $150M credit facility January 29, 2013. 2. Cash costs for the Young-Davidson and El Chanate mines are calculated on a per gold ounce basis, using by-product revenues as a cost credit. Cash costs for the Young-Davidson mine are attributable to commercial production ounces only, all underground costs are capitalized, and any revenue related to underground ounces sold is credited against capital. Cash cost per ounce is a non-GAAP performance measure management uses to better assess the Company’s performance for the current period and its expected performance in the future. This non-GAAP measure does not have any standardized meaning prescribed by GAAP, and should not be considered in isolation from or as a substitute for performance measures prepared in accordance with GAAP. For more information regarding this measure, please refer to the press release dated March 25, 2013 titled AuRico Reports Fourth Quarter and Annual Financial Results, under the heading “Non-GAAP Measures”, available on the Company website at www.auricogold.com. 3. For more information regarding AuRico Gold’s 2013 operational estimates, including production, costs, and capital investments, please refer to the press release dated March 25, 2013 titled AuRico Reports Fourth Quarter and Annual Financial Results available on the Company website at www.auricogold.com. 4. Reserves and resources for Young-Davidson and El Chanate mines, Kemess Underground Project, and Orion represent gold or gold equivalent grade as per technical reports and Company disclosure. For more information regarding AuRico Gold’s Mineral Reserves and Resources as at December 31, 2012 and the Kemess Feasibility Study, please refer to the press release dated March 25, 2013 titled AuRico Reports 2012 Reserve & Resource Update and Kemess Feasibility Study Results, available on the Company website at www.auricogold.com. Measured and indicated resources excludes inferred resources. 5. Production figures include gold ounces only. 2012 production at the Young-Davidson mine includes pre-production ounces as well as ounces produced subsequent to the declaration of commercial production on September 1, 2012. 6. The illustrative yield assumes the share price as of April 1, 2013. Figures for 2014-2016 are based on consensus data only and a US$1,600/oz gold price. Consensus data is as of April 2, 2013. For more information regarding AuRico Gold’s dividend policy, please refer to the press release dated February 21, 2013, available on the Company website at www.auricogold.com. 7. Figures include 2012 results for continuing operations only. Figures for 2013 include mid-point of 2013 operational estimates and consensus data. Figures for 2014 and 2015 are based on consensus data only. Figures for 2013-2015 are based on a US$1,600/oz gold price assumption and shares outstanding assumed to be constant at the January 31, 2013 level subsequent to the completion of a US$300M Substantial Issuer Bid. Consensus data is as of April 2, 2013. AuRico Gold’s 2013 operational outlook is disclosed in the press release dated March 25, 2013 titled AuRico Reports Fourth Quarter and Annual Financial Results, available on the Company website at www.auricogold.com. 8. The Company intends to provide all-in cash costs as a reported measure in 2013. All-in costs are defined as cash costs, sustaining capital, corporate general and administrative expense and exploration expense. Cash costs for the Young-Davidson mine are attributable to commercial production ounces only, all underground costs are capitalized, and any revenue related to underground ounces sold is credited against capital. 17
  • 18. Committed to Shareholder Value Creation Australasia Marketing - UBS April 8, 2013 TSX: AUQ / NYSE: AUQ www.auricogold.com
  • 20. 2013 Operational Estimates (3) 2013 Operational Estimates (March 25, 2013) Gold Production (ounces) Young-Davidson 120,000-140,000 El Chanate 70,000-80,000 Total Production 190,000-220,000 Cash Costs per Ounce Young-Davidson $575-$675 El Chanate $550-$600 Total Cash Costs per Ounce $565-$645 All-in Cash Costs Young-Davidson $1,250-$1,350 El Chanate $900-$1,000 Total All-in Cash Costs per Ounce $1,100-$1,200 Capital Investment Program (US$000’s) Young-Davidson Non-recurring Growth Capital Paste Backfill Plant $45,000-$50,000 Shaft and Mid-Shaft Loading and Crushing Facility $25,000-$30,000 Open Pit Mine Development $6,000-$8,000 Sustaining Capital $59,000-$62,000 Total Capital Investment – Young Davidson $135,000-$150,000 El Chanate Non-recurring Growth Capital Southeast Open Pit Expansion $20,000-$25,000 Heap Leach Expansion $2,000-$3,000 Sustaining Capital $8,000-$12,000 Total Capital Investment – El Chanate $30,000-$40,000 Total Capital Investment $165,000-$190,000 Depletion and Amortization (US$ per ounce) Young-Davidson $300-$310 El Chanate $245-$255 Total Depletion and Amortization $280-$290 Exploration (US$000’s) Young-Davidson Up to $3,500 El Chanate Up to $3,500 Other Properties Up to $8,000 Total Exploration Up to $15,000 General and Administrative (US$000’s) Corporate G&A $25,000 (3) Refer to endnote #3. 20
  • 21. All-in Costs & Cost Allocation All-in Costs 2013 All-in Consolidated Costs • Provides increased transparency $1,100-$1,200 per ounce • More representative of actual cost of production Corporate G&A • Removes influence of accounting treatments Exploration • Can be reconciled to OCF Sustaining Cash Cost Allocation Materials/Mtc 9% Consumables 19% Labour Cash Costs 57% (Includes contract Diesel labour) 9% Power 6% 21
  • 22. Proven and Probable Reserves Proven Reserves Probable Reserves Tonnes Gold Gold Oz. Tonnes Gold Gold Oz. (000's) (g/t) (000's) (000's) (g/t) (000's) El Chanate 36,845 0.68 801 19,015 0.66 403 Young-Davidson - Surface 3,934 1.28 162 2,491 1.36 109 Young-Davidson - Underground 4,547 2.97 434 34,490 2.80 3,100 Total Young-Davidson 8,481 2.19 596 36,981 2.70 3,209 Kemess Underground (KUG) - - - 100,373 0.56 1,805 AuRico - Total 45,326 0.96 1,397 156,369 1.08 5,417 Total Proven and Probable Reserves Tonnes Gold Gold Oz. (000's) (g/t) (000's) El Chanate 55,859 0.67 1,204 Young-Davidson - Surface 6,425 1.31 271 Young-Davidson - Underground 39,037 2.82 3,534 Total Young-Davidson 45,462 2.60 3,804 Kemess Underground (KUG) 100,373 0.56 1,805 AuRico - Total 201,695 1.05 6,813 22
  • 23. Measured and Indicated Resources Measured Resources Indicated Resources Tonnes Gold Gold Oz. Tonnes Gold Gold Oz. (000's) (g/t) (000's) (000's) (g/t) (000's) El Chanate 1,233 0.31 12 2,235 0.40 29 Young-Davidson - Surface 98 1.60 5 193 1.76 11 Young-Davidson - Underground 877 4.17 118 8,654 2.59 722 Total Young-Davidson 975 3.91 123 8,846 2.58 733 Kemess Underground (KUG) - - - 65,432 0.41 854 Orion (50%) - - - 554 3.66 65 AuRico - Total 2,208 1.90 135 77,067 0.68 1,680 Total Measured and Indicated Resources Tonnes Gold Gold Oz. (000's) (g/t) (000's) El Chanate 3,468 0.37 41 Young-Davidson - Surface 291 1.70 16 Young-Davidson - Underground 9,531 2.74 839 Total Young-Davidson 9,821 2.71 855 Kemess Underground (KUG) 65,432 0.41 854 Orion (50%) 554 3.36 65 AuRico - Total 79,274 0.71 1,815 23
  • 24. Inferred and Copper Resources Inferred Resources Tonnes Gold Gold Oz. (000's) (g/t) (000's) El Chanate 409 0.48 6 Young-Davidson - Surface 31 0.99 1 Young-Davidson - Underground 13,983 2.80 1,259 Total Young-Davidson 14,014 2.80 1,260 Kemess Underground (KUG) 9,969 0.39 125 Orion (50%) 91 3.33 10 AuRico - Total 24,483 1.78 1,400 Copper Reserves & Resources Tonnes Copper Copper lbs. Kemess (000’s) (%) (000’s) Probable Reserves 100,373 0.28 619,151 Indicated Resources 65,432 0.24 346,546 Inferred Resources 9,969 0.21 46,101 Silver Resources Tonnes Silver Silver Oz. Orion (000's) (g/t) (000's) Indicated Resources 554 309 5,503 Inferred Resources 91 95 275 24
  • 25. Notes to Reserves and Resources Notes: • Mineral Reserves and Resources have been stated as at December 31, 2012. • Mineral Resources are in addition to Mineral Reserves. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability when calculated using Mineral Reserve assumptions. Reserves have been reported in accordance with NI 43-101, as required by Canadian securities regulatory authorities. In addition, while the terms “Measured”, “Indicated and “Inferred” Mineral Resources are required pursuant to NI 43-101, the SEC does not recognize such terms. Canadian standards differ significantly from the requirements of the SEC, and mineral resource information contained herein is not comparable to similar information regarding mineral reserves disclosed in accordance with the requirements of the SEC. Investors should understand that “Inferred” Mineral Resources have a great amount of uncertainty as to their existence and great uncertainty as to their economic and legal feasibility. In addition, investors are cautioned not to assume that any part or all of AuRico’s Mineral Resources constitute or will be converted into Reserves. • Following the completion of a joint venture agreement, Minera Frisco has a 50% interest in the Orion Project. • Mineral resource tonnage and contained metal have been rounded to reflect the accuracy of the estimate, and numbers may not add due to rounding. The following metal prices were used for the calculation of Reserves and Resources: Reserves Resources USD Au $/oz Ag $/oz Cu $/lb Au $/oz Ag $/oz Cu $/lb El Chanate $1,400 - - $1,600 - - Young-Davidson $1,400 - - $1,600 - - Kemess Underground $1,300 $23.00 $3.00 $13.00 NSR Orion - - - $850 $13.00 - Reserves and Resources were prepared under the supervision of the following Qualified Persons: Resources Reserves Jeffrey Volk, CPG, FAusIMM, Director Reserves El Chanate Chris Sharpe, P.Eng, Manager Mining, AuRico Gold Inc. and Resources, AuRico Gold Inc. Jeffrey Volk, CPG, FAusIMM, Director Reserves Young-Davidson - Open Pit Chris Sharpe, P.Eng, Manager Mining, AuRico Gold Inc. and Resources, AuRico Gold Inc. Jeffrey Volk, CPG, FAusIMM, Director Reserves Chris Bostwick, FAusIMM, SVP Technical Services, Young-Davidson - Underground and Resources, AuRico Gold Inc. AuRico Gold Inc. Jeffrey Volk, CPG, FAusIMM, Director Reserves Chris Bostwick, FAusIMM, SVP Technical Services, Kemess Underground and Resources, AuRico Gold Inc. AuRico Gold Inc. Jeffrey Volk, CPG, FAusIMM, Director Reserves Orion and Resources, AuRico Gold Inc. 25