Q4 2013 Financial Results Conference Call and Webcast March 4, 2014

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, 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

Scott Perry President & CEO

Corporate Update

► >1.5MM man hours lost time incident free at both operations

► Sixth quarter of company-wide production growth, Q1 well positioned to be the seventh quarter

► 2013 Reserves and Resources reported

► Gold price assumption reduced to $1,250/oz

► Fourth quarter dividend paid (Jan. 29)

► Cost containment initiatives completed

► Assessing a number of shareholder friendly, non-dilutive liquidity financing options

1. Production figures include gold ounces only. Production at the Young-Davidson mine includes pre-production ounces, which include ounces produced prior to the declaration of commercial production on September 1, 2012, and ounces produced from the underground mine prior to the declaration of commercial production on October 31, 2013.

Total Gold Ounces Produced

29,139

120,738

140,000 to

160,000

2012 2013 2014E

Young-Davidson Mine1

67,092 71,145 71,864

70,000 to

80,000

2011 2012 2013 2014E

El Chanate Mine1

4

Sixth Quarter of Record Gold Production

37,213 41,145

46,170 48,003 48,903 49,526

0

10,000

20,000

30,000

40,000

50,000

Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 Q4 13 Q1 14E

Gol

d O

unce

s Pr

oduc

ed

Sixth Consecutive Quarter of Record Gold Production Young-Davidson El Chanate

2013 Operational Results First Quarter March 31/13

Second Quarter June 30/13

Third Quarter Sept. 30/13

Fourth Quarter Dec. 31/13

Year-End Dec. 31/13

Gold Ounces Produced3 46,170 48,003 48,903 49,526 192,602

Total Cash Costs per oz.1,2 $635 $655 $628 $771 $676

All-in Sustaining Costs per oz.2 $1,090 $1,189 $1,210 $1,232 $1,181 1. Prior to commissioning the underground mine at Young-Davidson, cash costs were calculated on ounces produced from the open pit only. All underground costs were capitalized, and any revenue related to underground ounces sold

was credited against capital. Subsequent to the declaration of commercial production in the underground mine, cash costs are calculated on ounces produced from both the open pit and underground mines, and revenue related to the sale of underground ounces is recognized in the Company's Statement of Operations as revenue.

2. Cash costs, prior to inventory net realizable value adjustments. See the Non-GAAP Measures section on page 23 of the Management’s Discussion and Analysis for the year ended December 31, 2013. 3. Includes pre-production gold ounces from the Young-Davidson underground mine prior to the declaration of commercial production on October 31, 2013.

5

Young-Davidson Update

Mid-shaft loading project commissioned ► Q4 underground productivity of approx. 2,600tpd

► Productivity ramp-up from 2,500tpd to 4,000tpd at year-end (target of 8,000tpd at end of 2016)

Paste Backfill Plant Commissioned ► First paste pour in January 2014

In-line underground unit mining costs ► $39/t in November and December, 2013

► $45/t in Q1/14 with inclusion of paste fill, decreasing throughout the year with increased productivity

Underground Mine Development Advance ► 75% of 2014 mine plan is laterally accessed

Lower mine vertical development underway ► Will provide access to 20 years of strategic mine life

Mill facility permit increased to 10,000tpd

6

El Chanate Exploration Potential

7

Chanate Deeps(6)

Hole ID Length (m) Grade Au g/t CHCI-775 54.0 2.56 CHCI-776 48.0 2.90 CHCI-799 6.0 7.60 CHCI-836 24.0 2.70

NW Extension(6) Hole ID Length (m) Grade Au g/t

CHCI-769 37.5 0.94 CHCI-800 28.5 0.67

Rono(6) Hole ID Length (m) Grade Au g/t

CHCI-760 18.0 0.88 CHCI-761 42.0 0.50 CHCI-766 51.0 0.33

CHCI-821 7.5 0.74

19.5 0.93

Loma Prieta(6) Hole ID Length (m) Grade Au g/t

CHCI-815 19.5 0.78 CHCI-817 9.0 1.37 CHCI-818 9.0 0.58 CHCI-829 6.0 1.18

Fieldwork initiated on the additional 15-20kms of land acquired northwest and southeast along trend

Significant potential to extend mine life

Reserve Highlights

Gold price assumption at operations reduced to $1,250 per ounce

► Improves quality of reserve base for low-cost, long-life ounces

Proven and Probable gold reserves of 6.5 million gold ounces

► Primarily impacted by depletion from the El Chanate and Young-Davidson open pits

► Young-Davidson open pit fully depleted in Q2 2014

Young-Davidson underground reserves increased by 1% to 3.6 million gold ounces

► Underground grades of 2.81 g/t is consistent with 2012

► Significant conversion of underground Inferred Resources to M&I Resources

El Chanate reserves decreased by 15% to 1.0 million gold ounces

► Reduction primarily related to production depletion

► Reserve grades increased by 5% to 0.70 g/t

8

Rob Chausse Chief Financial Officer

Conference Call and Webcast March 4, 2014

Continuing Operations Highlights(1)

Quarter Ended Quarter Ended

(in thousands, except ounces , per share amounts and average realized price) Dec. 31, 2013 Dec. 31, 2012

Revenue from mining operations $50,782 $63,119

Total gold ounces sold (excluding pre-production ounces) 39,855 36,137

Total gold ounces produced (excluding pre-production ounces) 46,017 34,018

Adjusted operating cash flow(2) $17,508 $30,426

Adjusted operating cash flow per share, basic(2) $0.07 $0.11

Net loss $(106,412) $(135,142)

Net loss per share, basic $(0.43) $(0.48)

Adjusted net (loss) / earnings(3) $(5,484) $13,052

Adjusted net (loss) / earnings per share, basic(3) $(0.02) $0.05

Average realized price per ounce $1,257 $1,720 1. Continuing operations include the Young-Davidson and El Chanate mine operations. 2. See the table on slide 18 for a reconciliation of adjusted operating cash flow and refer to the discussion of Non-GAAP measures in the Company’s 2013 Financial Results Press

Release. 3. See the table on slide 15 and 17 for a reconciliation of adjusted net earnings and refer to the discussion of Non-GAAP measures in the Company’s 2013 Financial Results Press

Release.

10

Continuing Operations Highlights(1)

Year ended Year ended

(in thousands, except ounces, per share amounts and average realized price) Dec. 31, 2013 Dec. 31, 2012

Revenue from mining operations $227,631 $163,622

Total gold ounces sold (excluding pre-production ounces) 160,913 94,422

Total gold ounces produced (excluding pre-production ounces) 161,100 100,284

Adjusted operating cash flow(2) $78,079 $37,142

Adjusted operating cash flow per share, basic(2) $0.31 $0.13

Net loss $(176,770) $(99,779)

Net loss per share, basic $(0.71) $(0.35)

Adjusted net earnings(3) $13,052 $16,903

Adjusted net earnings per share, basic(3) $0.05 $0.06

Average realized price per ounce $1,395 $1,690 1. Continuing operations include the Young-Davidson and El Chanate mine operations. 2. See the table on slide 18 for a reconciliation of adjusted operating cash flow and refer to the discussion of Non-GAAP measures in the Company’s 2013 Financial Results Press

Release. 3. See the table on slide 15 and 17 for a reconciliation of adjusted net earnings and refer to the discussion of Non-GAAP measures in the Company’s 2013 Financial Results Press

Release.

11

Continuing Operations Highlights(1)

(in thousands, except ounces and total cash costs) Young-

Davidson El Chanate Q4 2013 Q4 2012(2)

Gold ounces produced 29,597 16,420 46,017 34,018

Pre-production gold ounces produced 3,509 - 3,509 7,127

Total gold ounces produced 33,106 16,420 49,526 41,145

Gold ounces sold 24,831 15,024 39,855 36,137

Pre-production gold ounces sold 3,416 - 3,416 3,595

Total gold ounces sold 28,247 15,024 43,271 39,732

Cash costs per ounce, before NRV(3),(4),(5) $850 $615 $771 $650

Revenue from mining operations $31,420 $19,362 $50,782 $63,119 1. Continuing operations include the Young-Davidson and El Chanate mine operations. 2. Certain comparative information has been restated as a result of the adoption of IFRIC 20, Stripping Costs in the Production Phase of a Surface Mine, which was applied prospectively

to production stripping costs incurred on or after January 1, 2012. For further details, refer to the Critical Accounting Estimates, Policies and Changes section on page 30 in the Company’s Management’s Discussion & Analysis or note 3(a) to the Company's consolidated financial statements for the year ended December 31, 2013.

3. 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. 4. Gold ounces used to calculate cash costs include ounces sold at the El Chanate mine and ounces produced at the Young-Davidson mine. 5. The Young-Davidson open pit mine declared commercial production on September 1, 2012 and 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.

12

Continuing Operations Highlights(1)

(in thousands, except ounces and total cash costs) Young-Davidson El Chanate Year ended

Dec. 31/13 Year ended Dec. 31/12(2)

Gold ounces produced 89,236 71,864 161,100 100,284

Pre-production gold ounces produced 31,502 - 31,502 26,999

Total gold ounces produced 120,738 71,864 192,602 127,283

Gold ounces sold 88,878 72,035 160,913 94,422

Pre-production gold ounces sold 31,839 - 31,839 17,505

Total gold ounces sold 120,717 72,035 192,752 111,927

Cash costs per ounce, before NRV(3),(4),(5) $744 $592 $676 $536

Revenue from mining operations $124,439 $103,192 $227,631 $163,222 1. Continuing operations include the Young-Davidson and El Chanate mine operations. 2. Certain comparative information has been restated as a result of the adoption of IFRIC 20, Stripping Costs in the Production Phase of a Surface Mine, which was applied prospectively to

production stripping costs incurred on or after January 1, 2012. For further details, refer to the Critical Accounting Estimates, Policies and Changes section on page 30 in the Company’s Management’s Discussion & Analysis or note 3(a) to the Company's consolidated financial statements for the year ended December 31, 2013.

3. 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. 4. Gold ounces used to calculate cash costs include ounces sold at the El Chanate mine and ounces produced at the Young-Davidson mine. 5. The Young-Davidson open pit mine declared commercial production on September 1, 2012 and 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.

13

Capital Expenditures

(in thousands) Young-Davidson El Chanate Corporate Year ended Dec. 31/13

Site infrastructure $112,518 $9,481 - $121,999

Underground development $99,472 - - $99,472

Capital stripping $18,543 $27,398 - $45,941

Pre-production revenue credits $(45,464) - - $(45,464)

$185,069 $36,879 - $221,948

Capitalized borrowing costs $6,231 $2,177 - $8,408

Exploration $3,930 $5,027 $10,109 $19,066

Total capital expenditures $195,230 $44,083 $10,109 $249,422

14

Adjusted Net Earnings Reconciliation

15

Quarter Ended Quarter EndedDecember 31, 2013 December 31, 2012

Net loss from continuing operations ($106,412) ($135,142)Adjustments:

Deferred income tax expense related to foreign exchange 19,781$ 629 Foreign exchange gain (3,732) (2,298) Net realizable value adjustments on inventory 37,196 - Impairment charges 59,886 127,000 (Gain) / loss on option component of convertible notes (772) 6,186 Unrealized losses on investments - 17,778 Unrealized loss on derivatives - 210 Equity in loss / (earnings) of jointly-controlled entity 2,533 (83) Unrealized loss on contingent consideration 483 3,569 Gain on disposition of 50% interest in Orion - (6,620) Impact of new Mexican mining tax 4,917 - Other (including tax effect of adjustments) (19,364) 2,276

Adjusted net (loss) / earnings from continuing operations ($5,484) $13,505Adjusted net (loss) / earnings from continuing operations, per share (0.02)$ 0.05

Net loss from discontinued operations - $108,977Adjustments:

Unrealized foreign exchange gain - (391) Loss on disposition of Australian operations - - Net realizable value adjustment on Ocampo HL inventory - 7,778 Impairment of Australian Operations - - Disposition-related costs - 6,796 Loss on disposition of El Cubo and GyC - 2,277 Ocampo outside tax basis adjustment - (39,168) Gain on disposition of Ocampo - (150,793) Tax impact - 80,101

Adjusted net earnings from discontinued operations - $15,577Adjusted net earnings from discontinued operations, per share - $0.06

Adjusted net loss ($5,484) $29,082Adjusted net loss, per share ($0.02) $0.10

(in thousands, except per share metrics)

Scott Perry President & CEO

2014 Operational Guidance

17

2014 Operational Guidance Highlights

100

125

150

175

200

225

250

2013 2014E

Prod

uctio

n O

z. (0

00’s

)

Growing Production

$0

$50

$100

$150

$200

$250

2013 2014E

US$

(000

’s)

Declining Capital Investments

$700

$800

$900

$1,000

$1,100

$1,200

$1,300

2013 2014E

US$

per

oun

ce

All-in Sustaining Costs

► Gold production increase of up to 25%, with continued annual growth over next 3 years

► Operating costs are anticipated to decrease significantly as annual production increases

► Up to 40% decrease in capital investment, with additional decreases going forward

17

Positioned For Value Creation

Politically-friendly jurisdiction

High quality asset base

Organic year over year production growth

Lower end of industry cost curve

Long mine life

Strong balance sheet

Pure gold leverage

Capital return to shareholders

18

Q&A

Adjusted Net Earnings Reconciliation

20

Year Ended Year EndedDecember 31, 2013 December 31, 2012

Net loss from continuing operations ($176,770) ($99,779)Adjustments:

Deferred income tax expense / (recovery) related to foreign exchange 24,999 (15,785) Foreign exchange (gain) / loss (10,927) 10,663 Net realizable value adjustments on inventory 42,069 - Impairment charges 158,574 127,000 Gain on option component of convertible notes (15,622) (4,046) Unrealized loss on investments - 146 Unrealized gain on derivatives (2,183) (1,713) Equity in loss / (earnings) of jointly-controlled entity 2,533 (83) Unrealized loss / (gain) on contingent consideration 7,395 (1,568) Gain on disposition of 50% interest in Orion - (6,620) Impact of new Mexican mining tax 4,917 - Other (including tax effect of adjustments) (21,933) 8,688

Adjusted net earnings from continuing operations $13,052 $16,903Adjusted net earnings from continuing operations, per share $0.05 0.06

Net earnings from discontinued operations - $131,052Adjustments:

Unrealized foreign exchange loss - 9,080 Loss on disposition of Australian operations - 1,736 Net realizable value adjustment on Ocampo HL inventory - 16,070 Impairment of Australian Operations - 22,857 Disposition-related costs - 12,123 Gain on disposition of El Cubo and GyC - (21,785) Ocampo outside tax basis adjustment - - Gain on disposition of Ocampo - (150,793) Tax impact - 83,005

Adjusted net earnings from discontinued operations - $103,345Adjusted net earnings from discontinued operations, per share - $0.37

Adjusted net earnings $13,052 $120,248Adjusted net earnings, per share $0.05 $0.43

Adj. Operating Cash Flow Reconciliation

21

Quarter Ended Quarter EndedDecember 31, 2013 December 31, 2012

Operating cash flow from continuing operations $11,954 ($7,813)Add back: Non-cash change in operating working capital 5,554 38,239 Operating cash flow (before changes in working capital) from continuing operations $17,508 $30,426Operating cash flow (before changes in working capital) from continuing operations, per share 0.07$ 0.11$

(in thousands, except per share metrics)

Year Ended Year EndedDecember 31, 2013 December 31, 2012

Operating cash flow from continuing operations $63,266 ($7,231)Add back: Non-cash change in operating working capital 14,813 $44,373 Operating cash flow (before changes in working capital) from continuing operations $78,079 $37,142Operating cash flow (before changes in working capital) from continuing operations, per share $ 0.31 $ 0.13

(in thousands, except per share metrics)