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«Raygorodok» project development

results for the period 2014-2018

2014

2015

2016

2017

2018

Production growth dynamics

Au

566 kg

Au

1028 kg

Au

1012 kg

Au

1019 kg

Au

1480 kg

22 935 US$

36 575 US$

41 937 US$

41 708 US$

58 347 US$

2

643

11001326 1375

2103

0

500

1000

1500

2000

2500

2014 2015 2016 2017 2018

Volume of the processed ore, '000t

Dynamics of the project resource base development

• Construction of the new social infrastructure

• Productioncapacityexpansion

• Completion of the exploration at SRG

• Production capacity expansion

• NRG reserves approval

• MRE/AMC

2014

2015

2016

2017

2018

• SRG reserves approval

• Completion of the exploration at NRG

Au 2014 2017 2018 Total

Reserves, GKZ 34 68 40 108

Resources, JORC - 145 185 185

Reserves, JORC - 85 99 99

Au reserves increased

threefold over the 5

years.

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The Company's profitability growth dynamics

4

22 93536 575 41 937 41 708

58 3478 290

14 77918 620 15 225

25 076

11 110

16 507

24 66221 754

33 264

0

20 000

40 000

60 000

80 000

100 000

120 000

140 000

2014 2015 2016 2017 2018

Income, kUSD Profit, kUSD EBITDA, kUSD

The average monthly salary

increased by 90% over 5 years

The number of personnel

increased by 129% over 5 years

Personnel

5

Au produced Au sold Income

Au production and sales over the 5 years

5 105 kg 5 105 kg 201 501 kUSD

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THANK YOU FOR YOUR ATTENTION!

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