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2017-01-25

Auriant Mining AB (publ.) publishes 12 months 2016 operational update

es 12 months 2016 operational update

Highlights

-- Total
2016 gold production, including gravitational plant production, was on
target and increased by 31% to 1,078 kg (34,669 oz), compared to 823 kg
(26,468 oz) in 2015.
-- Tardan
gravitational plant produced 145 kg (4,657 oz) of gold, an increase of 60%
compared to 2015 – 55 kg (1,754 oz). Heap leach production at Tardan
increased by 28% to 933 kg (30,011 oz), compared to 727 kg (23,372 oz) in
2015.
-- Gold grade in the ore mined in 2016 was 4.04 g/t, a 33% increase on that
achieved in prior period (3.03 g/t).
-- In 2016, the drilling programme at the Pravoberezhny deposit within Greater
Tardan area was completed. A preliminary estimate of additional resources
discovered during this drilling campaign amounts to 4.2 tonnes of gold with
an average grade of 3.31 g/t.
-- Auriant has completed a resourse estimate of the Kara-Beldyr deposit in
accordance with JORC. Total gold resources (both indicated and inferred)
amounts to 25.6 tonnes of gold.
-- Forecast gold production for 2017 is 1 tonne.

Please, see the full report here:

http://www.auriant.com/eng/reports-and-releases/2016

For more information, please contact:

Sergey Ustimenko, CEO

tel: +7 495 660 22 20

e-mail: sergey.ustimenko@auriant.com

Company name: Auriant Mining AB

Short name: AUR

ISIN-code: SE0001337213

Website: www.auriant.com
Twitter: @auriantmining

Auriant Mining AB (AUR) is a Swedish junior mining company focused on gold
exploration and production in Russia, primarily in Zabaikalye and the Republics
of Khakassia and Tyva. The company has currently four assets, including one
operating mine (Tardan), one early stage exploration asset and two development
assets.

Since July 19, 2010, Auriant Mining´s shares are traded on First North Premier
at the NASDAQ OMX Nordic Exchange under the short name AUR. For more
information please visit www.auriant.com. Mangold Fondkommission is Certified
Adviser to Auriant, for more information please call +46 8 503 015 50 or visit
www.mangold.se.

This information is information that Auriant Mining AB is obliged to make
public pursuant to the EU Market Abuse Regulation. The information was
submitted for publication, through the agency of the contact persons set out
above, at 10:00 CET on January 25th , 2017.

Cautionary Statement: Statements and assumptions made in this report with
respect to Auriant Mining AB’s (“AUR”) current plans, estimates, strategies and
beliefs, and other statements that are not historical facts, are
forward-looking statements about the future performance of AUR. Forward-looking
statements include, but are not limited to, those using words such as "may",
"might", "seeks", "expects", "anticipates", "estimates", "believes",
"projects", "plans", strategy", "forecast" and similar expressions. These
statements reflect management's expectations and assumptions in light of
currently available information. They are subject to a number of risks and
uncertainties, including, but not limited to, (i) changes in the economic,
regulatory and political environments in the countries where AUR operates; (ii)
changes relating to the geological information available in respect of the
various projects undertaken; (iii) AUR’s continued ability to secure enough
financing to carry on its operations as a going concern; (iv) the success of
its potential joint ventures and alliances, if any; (v) exchange rates,
particularly between the Russian rouble and the U.S. dollar. In the light of
the many risks and uncertainties surrounding any gold production and
exploration company at an early stage of its development, the actual results
could differ materially from those presented and forecast in this report. AUR
assumes no unconditional obligation to immediately update any such statements
and/or forecasts

This press release shall not, directly or indirectly, be released, published or
distributed in or to the United States, Australia Japan, Canada, New Zealand,
Hong Kong, South Africa or other country where such action as a whole or in
part is subject to legal restrictions. Nothing in this press release should be
considered as an offer to invest or otherwise trade in shares of Auriant Mining
AB (publ). The proposed issue will not be directed at residents or those living
in the United States, Australia, Japan, Canada, New Zealand, Hong Kong, South
Africa or other country where such action would require further prospectus,
other offering documentation, registration or other measures beyond those
required by Swedish law. No securities will be registered under the United
States Securities Act of 1933, a similar law in any state in the United States,
or under any provincial law in Canada, nor under the applicable law of another
country.

Författare SSE

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