Committed to Shareholder

Value Creation

TD Securities Mining Conference

January 30, 2013

FORWARD LOOKING STATEMENTS

Certain information included in this presentation constitutes forward-looking statements, including any information as to our projects, plans and future

financial and operating performance. All statements, other than statements of historical fact, are forward-looking statements. The words “expect”,

“believe”, “anticipate”, “will”, “intend”, “estimate”, “forecast”, “budget”, “schedule” and similar expressions identify forward-looking statements. Forward-

looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable by management, are

inherently subject to significant business, economic and competitive uncertainties and contingencies. Known and unknown factors could cause actual

results to differ materially from those projected in the forward-looking statements.

Such factors include, but are not limited to: changes to current estimates of mineral reserves and resources; fluctuations in the price of gold; changes

in foreign exchange rates (particularly the Canadian dollar, Mexican peso and U.S. dollar); the impact of inflation; changes in our credit rating; any

decisions to implement a dividend; employee relations; litigation; disruptions affecting operations; availability of and increased costs associated with

mining inputs and labor; development delays at the Young-Davidson mine; operating or technical difficulties in connection with mining or development

activities; inherent risks associated with mining and mineral processing; the risk that the Young-Davidson, and El Chanate mine and may not perform

as planned; uncertainty with the Company’s ability to secure capital to execute its business plans; the speculative nature of mineral exploration and

development, including the risks of obtaining necessary licenses and permits; contests over title to properties; changes in national and local

government legislation in Canada, Mexico and other jurisdictions in which the Company does or may carry on business in the future; risk of loss due to

sabotage and civil disturbances; the impact of global liquidity and credit availability and the values of assets and liabilities based on projected future

cash flows; risks arising from holding derivative instruments; business opportunities that may be pursued by the Company Many of these uncertainties

and contingencies can affect our actual results and could cause actual results to differ materially from those expressed or implied in any forward-

looking statements made by, or on behalf of, us. Readers are cautioned that forward-looking statements are not guarantees of future performance. All

of the forward-looking statements made in this presentation are qualified by these cautionary statements. Specific reference is made to the most recent

Form 40-F/Annual Information Form on file with the SEC and Canadian provincial securities regulatory authorities for a discussion of some of the

factors underlying forward-looking statements.

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. 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.

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Capital Markets Profile

Analyst Coverage

Company Analyst

BMO Nesbitt Burns Brian Quast

Canaccord Genuity Rahul Paul

CIBC Cosmos Chiu

Credit Suisse Anita Soni

Dahlman Rose Adam P. Graf

Desjardins Securities Adam Melnyk

Dundee Securities Ron Stewart

GMP Securities Craig West

Mackie Research Barry Allan

Macquarie Securities Tony Lesiak

Merrill Lynch Mike Parkin

National Bank Paolo Lostritto

Raymond James Gary Baschuk

RBC Capital Markets Dan Rollins

Scotia Capital Trevor Turnbull

TD Securities Steven Green

UBS Chris Lichtenheldt

Capital Structure

Fully diluted shares

outstanding1,2 258MM

Market Capitalization $2.0B

NYSE & TSX 3-months avg.

daily trading volume 4.8MM

1. Excluding convertible debentures

2. Subsequent to the completion of a US$300M Substantial Issuer Bid

3

0

1,000,000

2,000,000

3,000,000

4,000,000

5,000,000

6,000,000

7,000,000

8,000,000

9,000,000

$0.00

$2.00

$4.00

$6.00

$8.00

$10.00

$12.00

Volume Close

Recent News Flow

• Sale of Australian assets closed May 4/12 (gross proceeds $65M)

• Sale of El Cubo closed July 13/12 (gross proceeds $200M)

• Sale of equity interest in Endeavour Silver and Crocodile Gold (gross proceeds $104M)

• Sale of Ocampo closed Dec 14/12 (gross proceeds of $750M)

• Repayment of $128M debt facility

• Settlement of McKenna Class Action ($13.25M)

• Commercial production declared at Young-Davidson (Sept 1/12)

• Q4 & 2012 production / 2013 guidance (Jan 18/13)

• Closing of Substantial Issuer Bid (Jan 29/13)

Upcoming News Flow

• Reserve and Resources Update (Feb 28/13)

• Q4 & YE Financial Results (week of March 25)

• Details of the Company’s inaugural dividend policy (before the end of March)

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Recent Developments

Kemess

Young-Davidson

El Chanate

Orion

High Quality Asset Base

1. Cash costs for the Young-Davidson and El Chanate mines are calculated on a per gold ounce basis, using by-product revenues as a cost credit. Prior to commissioning the underground mine at Young-Davidson, cash costs are

calculated on ounces produced from the open pit only. All underground costs are capitalized, and any revenue related to underground ounces sold is credited against capital.

2. Represents gold or gold equivalent grade as per technical reports and company disclosure.

3. Minera Frisco has acquired a 50% interest in the Orion project and a joint venture agreement is anticipated to be completed in early 2013. 5

Kemess, Canada - Gold

2011 Resources (000’s oz Au)

Measured and Indicated

Resources 2,610 0.56 Au g/t 2

Inferred Resources 90 0.42 Au g/t 2

Kemess, Canada - Copper

2011 Resources (000’s lbs Cu)

Measured and Indicated

Resources 861 0.29%

Inferred Resources 30 0.22%

Orion (50%), Mexico3

2011 Resources (000’s oz Au Eq)

Measured and Indicated

Resources 330 9.27 Au g/t 2

Inferred Resources 29 4.98 Au g/t 2

Young-Davidson, Canada 2012A 2013E

Production Au oz. 56,138 120-140k

Cash Costs per Au oz.1 $690-$710 $575-$675

2011 Reserves and Resources (000’s oz Au)

Proven and Probable Reserves 3,831 2.56 Au g/t 2

Measured and Indicated Resources 956 2.03 Au g/t 2

Inferred Resources 1,431 2.43 Au g/t 2

El Chanate, Mexico 2012A 2013E

Production Au oz. 71,145 70-80k

Cash Costs per Au oz.1 $425-$445 $475-$525

2011 Reserves and Resources (000’s oz Au)

Proven and Probable Reserves 1,285 0.65 Au g/t 2

Measured and Indicated Resources 38 0.42 Au g/t 2

Inferred Resources 8 0.46 Au g/t 2

A Leading Pure Gold Producer Focused on Quality Assets in North America

Compelling Value Proposition

• High quality asset base

• North American (low risk) focus

• Cash costs below industry average

• Organic growth profile

• Mine longevity

• Peer-leading balance sheet

• Growing free cash flow stream

• Strong leverage to gold price

• Shareholder friendly initiatives focus

Repositioning for Consistent, Reliable, Sustainable Growth

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YD Historic

Mine Workings

Open Pit

Ramp Portal

10350L

NG Shaft MCM Shaft

9890L

9590L

9400L

9200L

8900L

MCM Historic

Mine Workings

Young-Davidson

• Commercial production Sept. 1/12

• Low cost producer & strong

production growth profile

• Underground production

commenced from UBZ

• Mill above name plate capacity

• Hoisting ore during Q3 2013

• YD West Zone: strategic

exploration focus

UBZ Zone

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2nd Leg

Northgate

Shaft (450m)

YD West Zone

2012A 2013E

Production (gold ounces)3 56,138 120,000-140,000

Cash Costs (per gold ounce)1,2 $690-$710 $575-675

P&P Reserves (oz.) 3.8 million

Mine Life (years) 18 years

1. Cash costs for the Young-Davidson mine are calculated on a per gold ounce basis, using by-

product revenues as a cost credit and are attributable to commercial production ounces only.

2. The following currency assumptions were used to forecast estimates:

• 1:1 Canadian dollars to the US dollar

3. 2012 production includes pre-production ounces as well as ounces produced subsequent to the

declaration of commercial production.

37,625

64,781 82,600

97,591 101,305

2010A 2011A Q1-12 Q2-12 Q3-12

Open Pit Tonnes Per Day

El Chanate Mine

• Cash costs in lower quartile

• Achieved target mining rates of ~100k tpd

• Accelerated pre-development program in 2012

• Increasing areas under leach

Delivering consistent, stable results; lowest quartile cash costs

2012A 2013E

Production (gold ounces) 71,145 70,000-80,000

Cash Costs (per gold ounce)1,2 $425-$445 $475-$525

P&P Reserves (oz.) 1.3 million

Mine Life 8 years

1. Cash costs for the El Chanate mines are calculated on a per gold ounce basis, using by-product revenues

as a cost credit. Production includes gold ounces only.

2. The following currency assumptions were used to forecast estimates:

• 12:1 Mexican pesos to the US dollar

14,871 16,444

18,080 19,093 17,822

19,388

$486

$465

$401 $409

$433 $434

Q2-11 Q3-11 Q4-11 Q1-12 Q2-12 Q3-12

Quarterly Production and Cash Costs

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New Discoveries at El Chanate

Hole 741

(view looking south) El Chanate Mine (looking south)

North West Zone

Hole ID From (m) To (m) Length (m) Au g/t

CHCI-731 183.0 192.0 9.0 0.31

210.0 217.5 7.5 0.26

CHCI-732 55.5 82.5 27.0 0.45

CHCI-733 24.0 34.5 10.5 0.91

CHCI-734 133.5 141.0 7.5 1.51

CHCI-735 97.5 103.5 6.0 2.07

CHCI-749 7.5 21.0 13.5 0.19

Rono

Hole ID From (m) To (m) Length (m) Au g/t

CHCI-740 76.5 135.0 58.5 0.27

CHCI-741 114.0 166.5 52.5 0.34

Loma Prieta

Hole ID From (m) To (m) Length (m) Au g/t

CHCI-705 46.5 54.0 7.5 0.92

CHCI-716 52.5 64.5 12.0 8.35

CHCI-717 58.5 66.0 7.5 3.60

88.5 93.0 4.5 6.52

CHCI-725 61.5 75.0 13.5 1.70

CHCI-727 48.0 54.0 6.0 4.52

CHCI-747 64.5 70.5 6.0 2.10

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1.4

0.9

1.3

1.6

1.9

2010A 2011A 2012E 2013E 2014E

Production per 1,000 Shares Gold eq. (realized)

Free Cash Generating Capacity

Increasing production profile at declining cash costs

• Capex decreases by xx% by end of

year

• YD construction completed

• El Chanate expansion complete

Robust FCF profile driven by long life mines, production growth, declining cash costs and capital expenditure profile

Source: Consensus data (December 2012)

2012E 2013E 2014E 2015E 2016E

El Chanate - Capex Young-Davidson - Capex FCF

2012E 2013E 2014E 2015E 2016E

Production Cash Costs

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Compelling Value Proposition

• High quality asset base

• North American (low risk) focus

• Cash costs below industry average

• Organic growth profile

• Mine longevity

• Peer-leading balance sheet

• Growing free cash flow stream

• Strong leverage to gold price

• Shareholder friendly initiatives focus

Repositioning for Consistent, Reliable, Sustainable Growth

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Committed to Shareholder

Value Creation

TD Securities Mining Conference

January 30, 2013

Management and Board of Directors

Executive Management Team

Scott Perry - President and Chief Executive Officer

Peter MacPhail - Executive Vice President and Chief Operating Officer

Robert Chausse - Executive Vice President and Chief Financial Officer

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Board of Directors

Colin Benner - Executive Chairman of the Board, Sustainability Committee Member

Mark Daniel - Compensation (Chair) and Corporate Governance Committee Member

Richard Mark Colterjohn - Corporate Governance (Chair) and Audit Committee Member

Joseph Spiteri - Sustainability Committee Member

Alan Edwards - Sustainability (Chair) and Compensation Committee Member

Ronald E. Smith - Audit (Chair) and Compensation Committee Member

Patrick D. Downey - Audit and Corporate Governance Committee Member

Scott Perry - President and Chief Executive Officer

Luis Chavez - Senior Vice President, Mexican Operations

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Proven and Probable Reserves

Proven Reserves Probable Reserves

Tonnes Gold Gold Tonnes Gold Gold

(000's) (g/t) Ounces (000's) (g/t) Ounces

(000's) (000's)

Total - El Chanate 41,783 0.63 851 19,745 0.68 433

Young-Davidson - Surface 4,173 1.40 188 3,394 1.27 139

Young-Davidson - Underground 5,799 3.05 568 33,259 2.75 2,936

Total Young-Davidson 9,972 2.36 756 36,653 2.61 3,075

AuRico - Total 51,755 0.97 1,607 56,398 1.93 3,508

Proven and Probable Reserves

Tonnes Gold Gold

(000's) (g/t) Ounces

(000's)

Total - El Chanate 61,528 0.65 1,285

Young-Davidson - Surface 7,567 1.34 327

Young-Davidson - Underground 39,058 2.79 3,504

Total Young-Davidson 46,625 2.56 3,831

AuRico - Total 108,153 1.47 5,116

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Measured and Indicated Resources

Measured Resources Indicated Resources

Tonnes Gold Silver Gold Silver Tonnes Gold Silver Gold Silver

(000's) (g/t) (g/t) Ounces Ounces (000's) (g/t) (g/t) Ounces Ounces

(000's) (000's) (000's) (000's)

El Chanate 1,162 0.38 - 14 - 1,652 0.44 - 23 -

Young-Davidson - Surface 739 2.02 - 48 - 3,499 1.26 - 142 -

Young-Davidson - Underground 1,527 3.01 - 148 - 8,864 2.17 - 619 -

Total Young-Davidson 2,266 2.69 - 196 - 12,363 1.91 - 761 -

Orion (50%) - - - - - 554 3.36 309 65 5,503

Kemess Underground - - - - - 136,500 0.56 - 2,610 -

AuRico - Total 3,429 1.90 0 210 0 151,068 0.71 1 3,459 5,503

Measured and Indicated Resources

Tonnes Gold Silver Gold Silver

(000's) (g/t) (g/t) Ounces Ounces

(000's) (000's)

El Chanate 2,814 0.42 - 38 -

Young-Davidson - Surface 4,238 1.39 - 190 -

Young-Davidson - Underground 10,391 2.30 - 767 -

Total Young-Davidson 14,629 2.03 - 956 -

Orion (50%) 554 3.36 309 65 5,503

Kemess Underground 136,500 0.56 - 2,610 -

AuRico - Total 154,497 0.74 1 3,669 5,503

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Inferred and Copper Resources

Inferred Resources

Tonnes Gold Silver Gold Silver

(000's) (g/t) (g/t) Ounces Ounces

(000's) (000's)

El Chanate 549 0.46 - 8 -

Young-Davidson - Surface 3,515 1.26 - 142 -

Young-Davidson - Underground 14,784 2.71 - 1,289 -

Total Young-Davidson 18,299 2.43 - 1,431 -

Orion (50%) 91 3.33 95 10 275

Kemess Underground 6,000 0.42 - 90 -

AuRico - Total 24,938 1.92 0 1,539 275

Copper Resources

Tonnes Copper Copper

(000’s) (%) Pounds

Kemess Underground (000's)

Indicated 136,500 0.29 861,000

Inferred 6,000 0.22 30,000

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Notes to Reserves and Resources

Reserves Resources

Au $/oz Ag $/oz Au $/oz Ag $/oz Cu $/lb

El Chanate $1250 USD - $1450 USD - -

Young-Davidson $1250 USD - $1450 USD - -

Orion - - $850 USD $13.00 USD -

Kemess Underground - - $1100 USD $20.00 USD $2.80 USD

Notes to Reserves and Resources:

• Mineral Reserves and Resources have been stated as at December 31, 2011.

• AuRico acquired Capital Gold Corporation, including the El Chanate and Orion properties, in April 2011. AuRico acquired Northgate Minerals Corporation, including the Young-Davidson,

and Kemess properties, in October 2011.

• Mineral Resources are in addition to Mineral Reserves. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability when calculated using Mineral

Reserve assumptions.

• Minera Frisco has acquired a 50% interest in the Orion project and a joint venture agreement is anticipated to be completed in early 2013.

• Reserves have been calculated in accordance with NI 43-101, as required by Canadian securities regulatory authorities. In addition, while the terms “Measured”, “Indicated and “Inferred”

Mineral Resources are required pursuant to NI 43-101, the SEC does not recognize such terms. Canadian standards differ significantly from the requirements of the SEC, and Mineral

Resources disclosed in accordance with the requirements of the SEC. Investors should understand that “Inferred” Mineral Resources have a great amount of uncertainty as to their

existence and great uncertainty as to their economic and legal feasibility. In addition, investors are cautioned not to assume that any part or all of AuRico Gold’s Mineral Resources

constitute or will be converted into Reserves.

The following metal prices were used for the calculation of Reserves and Resources:

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