Altynalmas Gold Ltd

An Emerging High Margin Eurasian Gold Producer

Expand gold reserves and resources on the Kyzyl Shear

Develop, Commercialize and Expand ProductionSustainable Growth

Altynalmas Gold Ltd Strategy

Delivering a World Class Sustainable Project

Sustainable Mining:Corporate and Social Responsibility

Sustainable Mining

Proactive Community and Social Consultation.Social Responsibilities Development of Business Sustainable Projects

Skills Training and Developing to Sustain Growth

On the Job In Schools Universities

Implement International Standards

Safety Environment Community

Altynalmas Gold - CSR ProcessThe basis of the sustainability approach of the operation would be to ensure:

• Ensure compliance of with the highest international operating standards and the laws of the Republic of Kazakhstan;

• Incorporate Risk Management in all phases of design, construction, operations and closure planning;

• Adopt and Utilize world class technology in all aspects of the operation to enhance operational safety;

• Provide training, mentoring and development for our present and employees, and

• Implementation of sustainable projects within the local and district communities in consultation with the community, independent specialist groups and the company.

CSR Process - Implemented1. ESHIA2. Memorandum’s of Understanding with communities who are in closest

proximity to the mine and most affected by the Company’s operations: Includes community development projects

3. Capacity building is done through joint –programming with international and national NGO’s targeting areas of need for the local area, district, region and country Mother and child health Youth support strategies

4. Scholarships provided by the Company, employee up-grading programs and training programs

5. Effectively engaging the local community and stakeholders through consultation and effective two-way flow of communication

CSR Process - Implementedi. Community Enhancement Projects

– Undertake essential upgrades to social service infrastructure within the community. The Community Projects will include the heating plant, water treatment plant and sewage plant with total costs of approximately $1 million.

ii. Community Business Development

International Laboratory in negotiation to set up new independent facility, which will be the first and only ISO Certified Laboratory in Kazakhstan, will also undertake assaying work for other non related parties;

Project Development: The Next Steps

Project Development Timeline

April 2011

Completion of Feasibility Study

Q4 2013

Production

Q3 2013

Commissioning

Q2 2011

Start Construction

Q 1 2011

Critical path equipment orders

July 2010

Project Permitting Commences

March 2012

U/G Development

July 2011

World Bank / IFC ESIA Completed Project Funding

Concluded Dec 2011

Altynalmas Gold’s vision is to be a profitable gold producer through the integration of the Equator Principles that will create consistent value for all our employees, stakeholders and shareholders

Thank You

Altynalmas Gold LtdAn Emerging High Margin Eurasian Gold Producer