- Aurico Gold reported financial results for Q3 2014 with revenue of $73.5 million, a 36% increase from Q3 2013, due to higher gold production and sales. - Gold production was 57,037 ounces, a 48% increase from the prior year, driven by the ramp up of operations at the Young-Davidson mine. - Cash costs per ounce decreased 17% at Young-Davidson from the previous quarter and the mine is expected to generate positive cash flow by the end of 2014.

1. Q3 2014
Financial Results
Conference Call and Webcast
November 7, 2014
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, expected production levels and our ability to meet or exceed guidance, levels of free cash flow, unit mining costs, expected mine life, 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, including: 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 shaft will not perform as planned; the risk that mining operations do not meet expectations; the risk that projects will not be developed accordingly to budgets or timelines, changes in laws in Canada, Mexico and other jurisdictions in which the Company may carry on business; risks of obtaining necessary licenses, permits or approvals for operations or projects such as Kemess; disputes 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; continuation of the dividend and dividend reinvestment plan; 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 derivative instruments or the absence of hedging; adequacy of internal control over financial reporting; changes in 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; revenue and cash flow estimates, production levels, development schedules and the associated costs; ability to procure equipment and supplies and on a timely basis; the timing of the receipt of permits and other approvals for projects and operations; the ability to attract and retain skilled employees and contractors for the operations; the accuracy of reserve and resource estimates; the impact of changes in currency exchange rates on costs and results; interest rates; taxation; and ongoing relations with 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. “Inferred” resources” have a great amount of uncertainty as to their existence and as to their economic and legal feasibility. It cannot be assumed that all or any part of an inferred resource will ever be upgraded to a higher category. 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. Scott Perry President & CEO

4. Corporate Update
Strong safety performance
►Young-Davidson: 2.3MM man hours lost time incident free (557 days)
Ninth consecutive quarter of company-wide production growth
►On track to achieve higher end of 2014 guidance
Young-Davidson ramp-up exceeding expectations
►Well positioned to meet high end of production guidance
►Cash costs decreased by 17% over prior period
►On track to generate positive free cash flow by end of 2014
Fully funded production growth
4

5. Ninth Quarter of Record Gold Production
37,213
41,145
46,170
48,003
48,903
49,526
54,214
56,198
57,037
10,000
20,000
30,000
40,000
50,000
60,000
Q3 12
Q4 12
Q1 13
Q2 13
Q3 13
Q4 13
Q1 14
Q2 14
Q3 14
Gold Ounces Produced
Record Quarter-Over-Quarter Company-Wide Production Growth
Young-Davidson Quarterly Operational Results
Q1/13
Q2/13
Q3/13
Q4/13
Q1/14
Q2/14
Q3/14
Gold ounces produced
28,281
29,252
30,099
33,106
35,104
40,166
40,538
Underground cash costs per gold ounce
-
-
-
$663
$808
$803
$656
Open pit cash costs per gold ounce
$694
$716
$666
$983
$1,350
$974
$923
Total cash costs per gold ounce
$694
$716
$666
$850
$1,009
$871
$723
Underground mine
Tonnes mined per day
1,130
1,611
1,417
2,590
2,611
3,595
3,752
Grades (g/t)
2.7
2.5
2.8
3.1
2.8
3.3
3.1
Development metres
1,941
2,445
2,620
2,986
3,772
3,545
3,269
Mill processing facility
Tonnes processed per day
6,466
7,017
6,747
6,969
7,163
8,230
7,670
Grades (incl. open pit stockpile)
1.8
1.7
1.7
2.0
1.8
2.2
1.9
Recoveries (%)
86%
85%
89%
88%
87%
88%
90%
5

6. Young-Davidson Productivity Update
Underground mine productivity
►Q3 underground productivity of approx. 3,752 tpd
►94% of year-end productivity target of 4,000 tpd Decreasing underground unit mining costs
►$41/t, target of $40/t by end of year
►Unit costs will decrease with increased underground productivity Mill facility exceeding expectations
►Daily run-rate increased to 8,000 tpd
►Recoveries improved to sustainable 90% Lower mine vertical development underway
►MCM shaft sinking 10 weeks ahead of schedule
►Lower mine provides access to 20 years of strategic mine life
6

7. El Chanate Update
Open pit productivity
►Open pit productivity of 94,643 tpd
►Transitioning to higher grade benches Heap leach productivity
►Crushed and stacked 18,476 tpd Potential to extend mine life
►New areas of mineralization identified along trend and below the open pit
►Fieldwork launched on the additional 15- 20 kms of land acquired northwest and southeast of the pit
67,092
71,145
71,864
2011
2012
2013
Annual Production Profile
7

8. Rob Chausse Chief Financial Officer

9. Quarter Ended
Quarter Ended
(in thousands, except ounces, per share amounts, and average realized price)
September 30, 2014
September 30, 2013
Revenue from mining operations
$73,505
$54,304
Total gold ounces sold (excluding pre-production ounces)
56,970
40,185
Total gold ounces produced (excluding pre-production ounces)
57,037
38,456
Adjusted operating cash flow(1)
$20,615
$21,758
Adjusted operating cash flow per share, basic(1)
$0.08
$0.09
Net (loss) / earnings
$(15,722)
$14,859
Net (loss) / earnings per share, basic
$(0.06)
$0.06
Adjusted net (loss) / earnings(2)
$(5,585)
$816
Adjusted net (loss) / earnings per share, basic(2)
$(0.02)
$0.00
Average realized price per ounce
$1,280
$1,332
1.See the table on slide 13 for a reconciliation of adjusted operating cash flow and refer to the discussion of Non-GAAP measures in the Company’s Q3 2014 Financial Results Press Release.
2.See the table on slide 11 for a reconciliation of adjusted net earnings and refer to the discussion of Non-GAAP measures in the Company’s Q3 2014 Financial Results Press Release.
Highlights
9

10. Adjusted Net Earnings Reconciliation
10
Quarter EndedQuarter EndedSeptember 30, 2014September 30, 2013Net (loss) / earnings per financial statements($15,722)$14,859Adjustments: Deferred income tax expense / (recovery) related to foreign exchange14,253 (7,335) Foreign exchange (gain) / loss(11,230) 2,482 Net realizable value adjustments on inventory7,097 (7,372) Impairment charges616 - Gain on option component of convertible notes- (3,875) Unrealized and realized loss on investments- 121 Loss on retained interest royalty2,977 - Loss on convertible notes tender offer- - Unrealized loss on contingent consideration- 63 Unrealized gain on derivative instruments- (301) Loss on corporate restructuring- - Gain on transfer of litigation claim(3,177) - Other (including tax effect of adjustments)(399) 2,174 Adjusted net (loss) / earnings($5,585)$816Adjusted net (loss) / earnings, per share($0.02)$0.00 (in thousands, except per share metrics)

11. Highlights
Young-Davidson
El Chanate
Q3 2014
Q3 2013
Gold ounces produced
40,538
16,499
57,037
38,456
Pre-production gold ounces produced
-
-
-
10,447
Total gold ounces produced
40,538
16,499
57,037
48,903
Gold ounces sold
41,072
15,898
56,970
40,185
Pre-production gold ounces sold
-
-
-
10,355
Total gold ounces sold
41,072
15,898
56,970
50,540
Cash costs per ounce, before NRV(1),(2),(3)
$723
$663
$706
$628
Revenue from mining operations (‘000s)
$52,804
$20,701
$73,505
$54,304
1.Cash costs for the El Chanate mine and Young-Davidson mine are calculated on a per gold ounce basis, using by-product revenues as a cost credit.
2.For the three months ended September 30, 2014, cash costs per gold ounce are calculated using gold ounces sold at the El Chanate mine and Young-Davidson mine. For the three months ended September 30, 2013, cash costs per gold ounce are calculated using gold ounces sold at the El Chanate mine and ounces produced at the Young-Davidson mine.
3.The Young-Davidson underground mine declared commercial production on October 31, 2013. Pre-production ounces produced and sold are excluded from the calculation of cash costs as they are credited against capitalized project costs.
11

12. Q&A

13. Adj. Operating Cash Flow Reconciliation
13
Quarter EndedQuarter EndedSeptember 30, 2014September 30, 2013Operating cash flow per financial statements$2,788$24,338Add back: Non-cash change in operating working capital17,827 (2,580) Operating cash flow (before changes in working capital)$20,615$21,758Operating cash flow (before changes in working capital), per share$0.08$0.09 (in thousands, except per share metrics)

14. Highlights
Nine Months Ended
Nine Months Ended
(in thousands, except ounces, per share amounts, and average realized prices)
September 30, 2014
September 30, 2013
Revenue from mining operations
$219,988
$176,849
Total gold ounces sold (excluding pre-production ounces)
169,317
121,058
Total gold ounces produced (excluding pre-production ounces)
167,449
115,083
Adjusted operating cash flow(1)
$46,342
$60,571
Adjusted operating cash flow per share, basic(1)
$0.19
$0.24
Net loss
$(61,389)
$(70,358)
Net loss per share, basic
$(0.25)
$(0.28)
Adjusted net (loss) / earnings(2)
$(28,476)
$18,536
Adjusted net (loss) / earnings per share, basic(2)
$(0.11)
$0.07
Average realized price per ounce
$1,286
$1,440
1.See the table on slide 17 for a reconciliation of adjusted operating cash flow and refer to the discussion of Non-GAAP measures in the Company’s Q3 2014 Financial Results Press Release.
2.See the table on slide 16 for a reconciliation of adjusted net earnings and refer to the discussion of Non-GAAP measures in the Company’s Q3 2014 Financial Results Press Release.
14

15. Adjusted Net Earnings Reconciliation
15
Nine Months EndedNine Months EndedSeptember 30, 2014September 30, 2013Net (loss) / earnings per financial statements($61,389)($70,358) Adjustments: Deferred income tax expense related to foreign exchange15,601 5,218 Foreign exchange gain(9,595) (7,195) Net realizable value adjustments on inventory7,097 4,873 Impairment charges616 98,688 Gain on option component of convertible notes(413) (14,850) Unrealized and realized (gains) / losses on investments(6,589) 437 Loss on retained interest royalty7,792 - Loss on convertible notes tender offer15,645 - Unrealized loss on contingent consideration- 6,912 Unrealized gain on derivative instruments- (2,183) Loss on corporate restructuring2,716 - Gain on transfer of litigation claim(3,177) Other (including tax effect of adjustments)3,220 (3,006) Adjusted net (loss) / earnings($28,476)$18,536Adjusted net (loss) earnings, per share($0.11)$0.07 (in thousands, except per share metrics)

16. Highlights
Young-Davidson
El Chanate
Nine months ended
September 30, 2014
Nine months ended
September 30, 2013
Gold ounces produced
115,808
51,641
167,449
115,083
Pre-production gold ounces produced
-
-
-
27,993
Total gold ounces produced
115,808
51,641
167,449
143,076
Gold ounces sold
119,448
49,869
169,317
121,058
Pre-production gold ounces sold
-
-
-
28,423
Total gold ounces sold
119,448
49,869
169,317
149,481
Cash costs per ounce, before NRV(1),(2),(3)
$862
$621
$791
$640
Revenue from mining operations (‘000s)
$153,866
$66,122
$219,988
$176,849
1.Cash costs for the El Chanate mine and Young-Davidson mine are calculated on a per gold ounce basis, using by-product revenues as a cost credit.
2.For the nine months ended September 30, 2014, cash costs per gold ounce are calculated using gold ounces sold at the El Chanate mine and Young-Davidson mine. For the nine months ended September 30, 2013, cash costs per gold ounce are calculated using gold ounces sold at the El Chanate mine and ounces produced at the Young-Davidosn mine.
3.The Young-Davidson underground mine declared commercial production on October 31, 2013. Pre-production ounces produced and sold are excluded from the calculation of cash costs as they are credited against capitalized project costs.
16

17. Adj. Operating Cash Flow Reconciliation
17
Nine Months EndedNine Months EndedSeptember 30, 2014September 30, 2013Operating cash flow per financial statements$31,928 $51,312Add back: Non-cash change in operating working capital14,414 9,259 Operating cash flow (before changes in working capital)$46,342$60,571Operating cash flow (before changes in working capital), per share$0.19$0.24 (in thousands, except per share metrics)