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Aurora Gold Corporate Update (March 2014)
- 1. Gold in Brazil Contact: Lars Pearl, CEO and Director C/- Coresco AG Level 3 Gotthardstrasse 20 6300 Zug Switzerland +41 41 711 02 81 www.aurora-gold.com 1
- 2. Disclaimer The statements madein this presentation which are not historical facts contain certain forward-looking statements concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this presentation pertains. The actual results of the specific items described in this presentation, and the company’s operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this presentation, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company’s dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. Such risks and uncertainties are described in periodic filings made by Aurora Gold Corporation with United States and Canadian Securities regulators and authorities. The company disclaims any obligation to update information contained in any forward-looking statement. 2
- 3. Brazil – projectLocation map Brazil, Para State Tapajós River Basin, a tributary of the Amazon 240 km from Itaituba, the regional centre 110 km from Novo Progresso city 70 km from BR163 federal highway Trans Garimpeiros improved unsealed road 3
- 4. Management Lars Pearl– President, Executive Director & CEO Geologist with extensive experience in mining and exploration around the world. Vladimir Bernstein – Executive Director Has been project director in various Alltech’s projects for Oil & Gas exploration in West Siberia, Sakhalin Island and Kamchatka and Gold exploration in Kyrgyzstan Augustin Gomez de Segura – Non Executive Director Extensive scientific experience, training and education with over 30 years working and advising in the mining industry. Andrey Ratsko – Non Executive Director Successfully explored and produced alluvial gold in West Africa, currently is also chief geologist with TK Geo Resource based out of Bishkek, in Kyrgyzstan. Gorden Glenn, B.Sc. – Non Executive Director Corporate director and senior mining executive with over 25 years of experience in mining sector 4
- 5. Corporate Trading onOTC-BB : ARXG Frankfurt : WKN 904846 Shares issued : 50,000,000 : 55,000,000 fully diluted Market cap : US$2.5 million Auditors: Peterson Sullivan LLP 601 Union Street, Suite 2300 Seattle, Washington,USA,98101 Telephone: +1 206 382 7777 Fax: +1 206 382 7700 http://www.pscpa.com/ Legal representation: Joseph Sierchio, Esq. Sierchio & Company, LLP 450 Park Avenue, Suite702 New York, New York 10022 Tel. : +1 (212) 246-3030 Fax.: +1 (212) 486-0208 5
- 6. Regional Infrastructure Over16,500 hectares in the Tapajos gold Province, Para State, Brazil. 250 km from Itaituba office. Serviced by light aircraft & Trans Garimpiero Highway. Exploration office and camp established on Sao Domingos. 6
- 7. Local Infrastructure 7 To Fofoca 5km To Transgarimpeiro highway ToToucano and camp 3km Aurora Office
- 8. New Camp Construction 8 •Thenew camp is located within the Toucano project area. •The new camp has been completed and is fully operational. •Areas for the workshops, heavy vehicle parking bays and future expansion have been cleared. •The camp land was purchased by Aurora.
- 9. Located in aProven region for gold The Tapajos : World’s Third Largest Placer Gold Belt Site of the world’s largest ever gold rush from 1970’s to 1990’s Largest alluvial gold province in Brazil, third largest in world – previous production from streams estimated at 20-30 Moz of gold Geology is similar to other prolific gold belts (e.g. Eastern Canada, Western Australia). 9
- 10. Key Position inKnown trend Eldorado Gold Serabi Gold Magellan minerals Eldorado Gold Brazilian Gold Corp Magellan minerals 10 Deposit Company Cuiu Cuiu Magellan Minerals Ltd Ouro Roxo privately owned Tocantinzinho El Dorado Gold Corp Sao Domingos Aurora Gold Corp Sao Chico Kenai Resources Ltd Palito Serabi Gold Plc Sao Jorge Brazilian Gold Corp Coringa Magellan Minerals Ltd
- 11. Known Mineralisation andTargets Areas 11
- 12. Primary Gold TargetsOutline 12
- 13. Sao Domingo –Fofoca Resource Target outcrop 0.5m @ 6.3g/t 1.0m @ 3.6g/t Fofoca Trend Cachoeirinha Trend Fofoca Mine area Cachoeirinha vein 13.4 g/t, 8.2g/t, 8.0g/t, 7.8g/t JORC Inferred resource estimate prepared by Geosure (Australia) for Fofoca 2.1 million tonnes grading 2.0 g/t Au for 130,000 ounces of contained gold at a cut-off grade of 0.5 g/t Au. • Plans to extend resource into Cachoeirinha based on magnetics and coincident gold results. •Application for renewal in with DNPM 13
- 14. Fofoca geochem samplelines 14
- 15. Fofoca grid geochemresults 15 Fofoca resource area
- 16. Toucano Ore trend 16 Areatargeted for trial mining. Drill targets for hard rock mineralisation 50,000 tons per year, renewable for 4 years. Lead up to full blown mining license
- 17. Toucano Grid geochemresults 17 ? 500 m
- 18. Toucano trend 18 ToucanoAurora camp Sao Domingos Relationshipto Camp and Sao Domingo township. Raimundo drill tested previously with numerous mineralised intersections Raimundo (Atacadau)
- 19. Toucano Ore Zone– trial mining target 19
- 20. 3 Stage ExplorationPlan Stage 1. Total meters drilled will be a maximum of 1,000. BUDGET US$300,000 Stage 2. Total meters drilled will be a maximum of 2,000. BUDGET US$600,000 Stage 3. Combined with stage 2 and includes tenement wide Auger program to comply with DNPM resource determination. Budget US$1,000,000
- 21.
- 22. Drill Lines localityplan - Soils
- 23.
- 24. Oxide and AlluvialGold targets on applications Space Image Previous alluvial works Previous oxide works 10 km 24
- 25. Alluvial concentrator testplant 25
- 26. Aurora – astaged program Near-Term Q2- 2014 Medium-Term Q4 - 2014 Longer Term Value Creation Exploration New Ventures Appraisal Target definition Resource expansion Current Medium-Term Q3- 2014 Results to date indicate numerous anomalies extending beyond of current grid configuration. Complete migration and Canada Listing Completed Geochem Sampling and follow up to the highly prospective results from Q2 to Q4 2013. Drilling Toucano Apply geochem and geophysics on other gold occurrences on Sao Domingo Expand and follow up other gold occurrences and acquisitions. Toucano and Colibri Resource estimation. Commence scoping studies. 26 Initiate Resource definition for filing with the DNPM
- 27. Aurora - PlanSummary Located in prime position in known gold belt. Infrastructure in place to support prolonged field activities. Large geochem anomalies and drill ready targets. Bulk sampling initiated with custom built concentrators. Trial mining license application in place. Drill targets for Toucano and Colibri 27
- 28. Expected Near termDeliverables Advance on the large geochem targets generated during 2013. Prepare for trial mining in the Toucano resource area. Establish a drill targets along the Toucano and Colibri grid. Enhance shareholder value. Quality and regular news flow and updates. Migration to Canadian Stock exchange. Target to reach 1,000,000+ ounces 28