Young-Davidson Mine Luc Guimond, General Manager

CIBC Site Tour June 4, 2014

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

► Quality asset base in top jurisdictions

► Young-Davidson mine (Ontario, Canada)

► El Chanate mine (Sonora, Mexico)

► 2014 production growth of up to 25%

► Production growth of up to 32% at the

Young-Davidson mine

► Strong pro-forma liquidity position of $341M(7)

► Significant Canadian tax loss pools

► Leverage to the weakening Canadian dollar

► Strong FCF growth profile underpinned by

Young-Davidson ramp-up

AuRico at a Glance

Overview Operations and Projects

Young-Davidson (100%)

Location: Ontario, Canada

Stage: Production

El Chanate (100%)

Location: Sonora State, Mexico

Stage: Production

Young-Davidson

El Chanate

Kemess Underground

Primary Asset Summary

3

Young-

Davidson El Chanate Consolidated

2014E Production (koz) 140 - 160 70 - 80 210 – 240

2014E Cash Costs

(US$/oz)(3)(4) $700 - $800 $625 - $725 $675 – $775

2014E AISC (US$/oz)(3) $1,100-$1,200 $1,000-$1,100 $1,100-$1,200

2013 P&P Reserves (Moz)(6) 3.7 1.0 6.5

2013 Total Resources (Moz)(6) 5.9 1.3 9.48

Est. Remaining Mine Life 20+ 9 -

Resources are inclusive of reserves

Kemess Underground (100%)

Location: B.C., Canada

Stage: Development

(3) Refer to endnote #3 (4) Refer to endnote #4 (6) Refer to endnote #6 (7) Refer to endnote #7 3

Young-Davidson Overview

• Historic production from underground gold mines in

Timmins and Kirkland Lake (~108 M Oz.)

• Five mines with greater than 5 million ounces

production, Young-Davidson is likely to be the sixth

► Low cost producer with strong

production growth profile

► Long mine life: Opportunity to expand

as reserves increase

► Located in a stable jurisdiction, close to

major centres

► First gold pour on April 30th, 2012

► Underground commercial production

declared Oct. 31/13

(1) Refer to endnote #1.

0

5

10

15

20

Holli

nge

r 1

91

0-6

8

Dom

e 1

91

0-2

01

3

McIn

tyre

19

12

-88

Ke

rr A

dd

iso

n 1

93

8-9

6

Lake

sh

ore

Min

e K

.L.

19

18

-65

Wrig

ht

Harg

reave

s 1

92

1-6

5

Te

ck H

ug

hes 1

91

7-6

8

Au

no

r

Halln

or

Sylv

an

ite 1

927

-61

Pre

sto

n

Upp

er

Ca

nad

a 1

93

8-7

1

Pa

ym

aste

r

Con

iari

um

Yo

un

g-D

avid

so

n

Pa

mo

ur

Ma

cassa

193

3-9

9 +

20

02-1

3

Hoyle

Pon

d

Ou

nc

es

(M

illi

on

s)

Historic Production from U/G Mines of Timmins & Kirkland Lake(1)

Historical Production YD P&P YD M&I YD Inferred

Active

4

Rich Tradition – Mine History

► Site of two former producers

► 20+ years in operation

► +1,200 tpd average production rate

► Early pioneers of bulk mining

► +1 million tonne stopes underground

► Mined ~9 million tonnes; produced 970,000 oz.

► Average realized grade of 3.37 g/tonne

► Profitable operations at realized grades

► Supported dividend payments

Period Mine Tonnes Grade (g/t) Produced (Oz)

1934 to 1957 YD 5,653,000 3.21 585,000

1934 to 1954 MCM 3,205,000 3.66 378,000

1981 to 1982 MCM 96,400 2.36 7,300

Total 8,954,400 3.37 970,300

Young-Davidson Mine (YD)

Matachewan Consolidated Mine (MCM)

5

Responsible Mining

Fostering positive relationships with all stakeholders

► Solid safety record

► 1.8M hours lost time injury free

► Strong First Nations support

► Partnerships with local communities

► Hiring and training locally

► 88% of mine workforce from local regions

► Supporting local suppliers

► $41M spent with local suppliers in 2013

6

Solid Production Growth

Stable and Growing Production Profile(2)

► 7th consecutive quarter of production growth

► Q2 on track to be the 8th consecutive quarter of production growth

(2) Refer to endnote #2.

17,825

26,363

28,281 29,252

30,099

33,103

35,104

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

40,000

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

Go

ld O

un

ces p

rod

uced

7

Underground Mining Rates

► Highly mechanized, productive bulk mining methodologies

► Low manning requirements

► Up to 65,000 tonne stopes

► Underground productivity metrics – Q1/14

► Avg. 2,611 tpd - target of 4,000 tpd by end of 2014

► Development metres averaged 42m/day (3,772 metres)

► Avg. unit costs of $45/t , declining to $40/t at year-end

1000

1250

1500

2000

2500

0

500

1,000

1,500

2,000

2,500

3,000

Q1 13 Q2 13 Q3 13 Q4 13 Q1 14

Tonnes p

er

day

Underground Mine Productivity (tpd)

Target

Commercial

Production

Oct. 31/13

3,000

4,000

6,000

8,000 8,000

2013A 2014E 2015E 2016E 2017E

Ore

to

nn

es

pe

r D

ay

Underground Mine Ramp-up (Year-End Productivity Targets)

YE target of

2,000tpd

1,130

1,611

1,417

2,590 2,611

1,941

2,445 2,620

2,986

3,772

Q1 13 Q2 13 Q3 13 Q4 13 Q1 14

Develo

pm

en

t m

etr

es

UG

to

nn

es p

er

da

y

Underground Productivity (tpd) and Development (m)

UG target tpd UG tpd (actual) UG development (actual)

Commercial

Production

Oct. 31/13 170

U/G miners

198

U/G miners

210

U/G miners

222

U/G miners

100% increase in productivity with

only a 30% manning increase

8

Underground Mine Plan

► Transverse long hole stoping

► For wider zones (12-40m)

► 30m sub levels

► Longitudinal retreat

► For areas < 12m widths

► 2014 mine plan - 42 stopes

► 78 stopes in 2015

► Annual lateral development

requirements of 10-12kms (2014-2016)

► Reducing to 9-10kms per year

► Paste plant commissioned Jan. 1/14

► Mined first secondary stope

► Mining recovery ~ 92%

► Dilution ~10%

► Underground reserve - 2.81 g/t

YD West

Zone

Highly Productive Mining Methods

3.7M reserve ounces with exploration upside

YD Historic

Mine Workings

Open Pit

Ramp Portal

10350L

MCM Shaft

9890L

9590L

9400L

9200L

8900L

MCM Historic

Mine Workings

NG Shaft

► Overall average ore thickness (current

reserves) is 20m

► Highly productive bulk mining

methodologies

► Highly mechanized with low manning

requirements

9

Transverse Longhole Stoping

► For wider zones over 12m

► Requires less development per stope

► 95% of 2014 mine plan is transverse longhole stoping

10

Shaft System Productivities

► Supports increased underground

mining rates

► Improved productivity vs. ramp

haulage

► All ore now skipped to

surface

► Optimizes cycle time

► Enhanced cost efficiencies

► Reduces mobile equipment

requirements

► Improves ventilation

► Capacity of 8,000tpd of ore

Shaft and hoisting infrastructure facilitates 8 years of Upper Mine production

11

Lower Mine Development

• 3rd leg (610m)

• Planned end of 2016

LEGEND

Raise Bore Leg #1

Raise Bore Leg #2

Raise Bore Leg #3

• Current location of shaft

bottom 9533 L

• Shaft sinking activities will

resume in September

• Continue hoisting waste

through MCM shaft

Accessing 20+ years of mine life

► Lower mine provides access to

20+ years of mine life

► MCM shaft sinking work

currently underway

► Completion mid-2015

► Men and materials shaft

► Reaming Northgate shaft begins

H2 2016

► Shaft bottom infrastructure

construction in 2017

► Northgate shaft hoisting from

8900L beginning in 2019

12

Underground Ore Contribution

-

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

Ore

To

nn

es P

er

Day

Underground Ore Contribution 2014 - 2037

Upper Mine Lower Mine Development Ore

13

Process Plant Performance YTD

Crusher

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec

Mill Tonnes Processed (tonnes per day) Target Actual

► Mill processed approx. 7,150 tpd in Q1

► Target of 7,000 to 7,500 tpd in 2014

► Amended permit for 10,000 tpd per calendar day

► Significant processing flexibility

► Potential early treatment of longer term

stockpile inventory

-

1,000

2,000

3,000

4,000

5,000

6,000

7,000

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

To

nn

es p

er

da

y

Mill Productivity (tpd)

Target tpd Mill tpd

14

Labour: 22%

OP Contractor 1%

UG Contractor 18%

UG Consum. 15%

Mtce 6%

Power 9%

Reagents 9%

Other 20%

Labour: 15%

OP Contractor 15%

UG Contractor 21% UG

Consum. 10%

Mtce 9%

Power 9%

Reagents 7%

Other 14%

Unit Costs & Currency Sensitivities

Unit Costs

per tonne1 2014 Estimates Life of Mine

Underground $40-$45 $35

Open Pit $4.50-$5.00 -

Mill Processing $16-$17 $15

Administration2 $4.00-$4.25 $3.50

Footnotes:

1. Assumes 0.95 CAD$ to every 1 US dollar

2. Per tonne processed

Currency Sensitivities

Significant Leverage to CAD$/US$

► 90-95% of all outflows in CAD$

► 10% change in CAD would have an impact

on OCF of approx. $15M in 2014

Fixed Cost Structure:

Approx. 60% of costs are fixed

15% 15%

21%

10% 8%

9%

2%

7%

12%

22%

1%

18%

15%

7%

9%

4%

9%

16%

0%

5%

10%

15%

20%

25%

Labour: OP Contractor UG Contractor UGConsumables

Maintenance Power Paste PlantConsumables

(Binder)

Mill Reagents Other

Operating Cost Structure H1 vs. H2 2014

H1 2014 H2 2014

► 15-20% decrease in operating costs in H2 driven

by significant reduction in contractors

► Open pit contractors demobilize once open pit

operations cease in late May

► Eliminates open pit diesel requirements in H2

► Increasing level of underground lateral

development completed in-house

Labour: 18%

OP Contractor

9%

UG Contractor

19%

UG Consum.

12%

Mtce 8%

Power 9%

Reagents 8%

Other 20%

2014 Cost Structure

H1 2014 Cost Structure H2 2014 Cost Structure

15

Capital Investment Schedule

2014 2015 2016 2017 2018 2019

Sustaining Mine

Development $30-$35 $38-$43 $38-$43 $33-$38 $28-$33 $28-$33

8,000tpd Ramp-up

Development $15 $10 $5 - - -

Sustaining Fixed Assets $10 $5 $10 $10 $14 $14

Other Growth Capital $25 $8 $11 $7 $2 $4

Lower Mine Capital Investment (millions)

MCM Shaft Sink $24

Shaft Bottom

Development $10

NG Shaft Pilot & Ream $14

Lower Mine Ramp $28 Shaft Bottom Loadout $10

Lower Mine Level

Development $25

Sustaining Capital $55-$60 $52-$57 $52-$57 $43-$48 $43-$48 $38-$43

Growth Capital $50 $29 $38 $19 $24 $10

Total Capital $105-$110 $81-$86 $90-$95 $62-$67 $67-$72 $48-$53

Information for 2015 to 2019 should be considered as estimates only and not considered official company guidance.

Assumes $0.95 CD:$1 US for 2014 16

Young-Davidson Life of Mine

0

50

100

150

200

250

300

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037

Th

ou

san

ds o

f g

old

ou

nces

To

nn

es

per

day

Open Pit Ore Underground Ore Stockpiled Ore Ounces

► Mine life of over 20 years with potential to expand

► Significant exploration and reserve growth potential

► Deposit remains open to the west and at depth

Lower mine ore contribution begins in 2018

17

Young-Davidson Outlook

► Production increase of up to 32%

► Decreasing AISC will be driven by growing

production profile

► 2014 mine plan is 75% laterally accessed

& 100% vertically accessed

► Lower mine vertical development will

provide access to 20 years of strategic

mine life

► Disciplined underground ramp-up

► Productivity ramping from 2,500tpd in Q1

to a year-end exit rate of 4,000tpd

► Target of 8,000tpd by end of 2016

► In-line underground unit mining costs

► $39/t in November and December, 2013

► $45/t in Q1/14 with inclusion of pastefill

► Decreasing unit costs throughout the year

with increased productivity

2014 Young-Davidson

Operational Estimates(5) Life of Mine

Gold Production (ounces) 140,000 – 160,000 207,000/year

Underground Mine Cash Costs(3)(4) $650 - $750 $650

Open Pit (incl. stockpile)(3)(4) $850 - $950 -

Cash Costs per Ounce(3)(4) $700 - $800 $565

All-in Sustaining Costs per ounce(3) $1,100 - $1,200 $881

2014 Young-Davidson

Operational Estimates (000’s)(5) Life of Mine

Lower Mine Vertical Development $25,000 -

Non-Recurring Capital $25,000 -

Sustaining Capital $55,000 - $60,000 $40,000

Total Capital Investment $105,000 - $110,000 -

► Disciplined underground ramp-up

► Productivity ramping from 2,500tpd in Q1 to a

year-end exit rate of 4,000tpd

► Ultimate target of 8,000tpd by end of 2016

► In-line underground unit mining costs

► $39/t in November and December, 2013

► $45/t in Q1/14 with inclusion of pastefill

► Decreasing unit costs throughout the year with

increased productivity

(3) Refer to endnote #3 (4) Refer to endnote #4 (5) Refer to endnote #5 18

Young-Davidson Reserves and Reserves

Young-Davidson Mineral Reserve Estimates – Gold(6)

Category Tonnes (000’s) Grade (g/t) Ounces (000’s)

Surface

Proven 3,298 1.01 107

Probable 686 1.52 33

P&P (Surface) 3,984 1.10 140

Underground

Proven 10,626 2.90 990

Probable 28,669 2.78 2,566

P&P (Underground) 39,296 2.81 3,556

Total P&P 43,280 2.66 3,696

Young-Davidson Mineral Resource Estimates – Gold(6)

Category Tonnes (000’s) Grade (g/t) Ounces (000’s)

Surface

Measured 233 0.96 7

Indicated 535 1.41 24

M&I (Surface) 769 1.28 32

Underground

Measured 5,300 2.95 504

Indicated 11,659 2.62 981

M&I (Underground) 16,960 2.27 1,484

Total M&I 17,729 2.66 1,516

Inferred Surface 31 0.99 1

Inferred Underground 3,689 2.72 323

Total Inferred 3,720 2.71 324

(6) Refer to endnote #6

Underground reserve base is comprised of quality, high margin ounces even at a lower gold price

19

Endnotes

1. Data provided by the Timmins Resident Geologist Program Ontario Geological Survey for the Ministry of Northern Development & Mines (2006).

2. 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 the declaration of commercial production in the underground mine on October 31, 2013.

3. Cash Costs per Gold Ounce and All-In Sustaining Costs Per Gold Ounce are Non-GAAP measures that do not have any standardized meaning prescribed by

International Financial Reporting Standards (“IFRS” or “GAAP”), and that should not be considered in isolation from or as a substitute for performance measures

prepared in accordance with GAAP. See the Non-GAAP Measures section on page 23 of the Management's Discussion and Analysis for the year ended

December 31, 2013 available on the Company website at www.auricogold.com. 2013 cash costs are prior to inventory net realizable value adjustments &

reversals.

4. Cash costs for the Young-Davidson mine is calculated on a per gold ounce basis, net of by-product revenues and net realizable value adjustments. Prior to 2014,

gold ounces include ounces produced at the Young-Davidson mine. Commencing in 2014 cash costs for the Young-Davidson mine will be calculated based on

ounces sold. 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 expenditures. 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. 2013 cash costs are prior to

inventory net realizable value adjustments & reversals.

5. For more information regarding AuRico Gold’s 2014 operational estimates, including production, costs, and capital investments, please refer to the press release

dated February 6, 2014 titled AuRico Gold Announces 2014 Operational Outlook available on the Company website at www.auricogold.com.

6. Reserves and resources for Young-Davidson and El Chanate mines, Kemess Underground Project, and Orion represent gold grade as per technical reports and

Company disclosure. For more information regarding AuRico Gold’s Mineral Reserves and Resources as at December 31, 2013 and the Kemess Feasibility

Study, please refer to the press release dated March 3, 2014 titled AuRico Reports 2013 Reserve & Resource Update and Kemess Feasibility Study Results,

available on the Company website at www.auricogold.com. Measured and indicated resources excludes inferred resources. Core lengths in El Chanate drilling

highlights are not necessarily true widths.

7. Based on the Company’s cash balance as of December 31, 2013.

20

Appendix

2013 Mineral Reserve Estimates - Gold

22

Mineral Reserve Estimates – Gold(6)

Category Tonnes (000’s) Grade (g/t) Ounces (000’s)

Young-Davidson

Surface Proven 3,298 1.01 107

Probable 686 1.52 33

P&P 3,984 1.10 140

Underground Proven 10,626 2.90 990

Probable 28,669 2.78 2,566

P&P 39,296 2.81 3,556

Total P&P 43,280 2.66 3,696

El Chanate

Proven 29,223 0.72 676

Probable 16,115 0.67 346

Total P&P 45,337 0.70 1,023

Kemess

Underground

Proven - - -

Probable 100,373 0.56 1,805

Total P&P 100,373 0.56 1,805

AuRico Total P&P 188,990 1.07 6,524

(6) Refer to endnote #6 22

2013 Mineral Resource Estimates - Gold

23 Note: Mineral Resources are in addition to Mineral Reserves

Mineral Resource Estimates – Gold(6)

Category Tonnes (000’s) Grade (g/t) Ounces (000’s)

Young-Davidson Surface

Measured 233 0.96 7

Indicated 535 1.41 24

M&I 769 1.28 32

Underground

Measured 5,300 2.95 504

Indicated 11,659 2.62 981

M&I 16,960 2.27 1,484

Total M&I 17,729 2.66 1,516

Surface Inferred 31 0.99 1

Underground Inferred 3,689 2.72 323

Total Inferred 3,720 2.71 324

El Chanate Measured 2,158 0.31 22

Indicated 2,129 0.40 27

Total M&I 4,287 0.36 49

Inferred 579 0.75 14

Kemess

Underground

Measured - - -

Indicated 65,432 0.41 854

Total M&I 65,432 0.41 854

Inferred 9,969 0.39 125

Orion (50%) M&I - - -

Inferred 554 3.66 65

Total M&I 554 3.66 65

Inferred 91 3.33 10

AuRico Total

M&I 88,001 0.88 2,484

Inferred 14,357 1.02 472

(6) Refer to endnote #6

23

2013 Mineral Resource Estimates – Copper

and Silver

24 Note: Mineral Resources are in addition to Mineral Reserves

Mineral Reserve and Resource Estimates – Copper and Silver(6)

Grade Contained Metal

Category Tonnes (000’s) Ag (g/t) Cu (%) Ag (000’s) oz Cu (000’s) lbs

Kemess

Underground

Probable Reserves 100,373 2.0 0.28 6,608 619,151

Indicated Resources 65,432 1.8 0.24 3,811 346,546

Inferred Resources 9,969 1.6 0.21 503 46,101

Orion (50%) Indicated Resources 554 309 - 5,503 -

Inferred Resources 91 95 - 275 -

(6) Refer to endnote #6 24