Auriant Mining AB (publ.) publishes Q1 2021 operational update

Highlights:

•     In Q1 2021, total hard rock gold production was 209.7 kg (6,743 oz), compared to 278 kg (8,938 oz) in Q1 2020, a decrease of 25%, or 68.3 kg (2,196 oz), but in line with the 2021 production plan;

•     Q1 2021 gold sales were 180 kg (5,787 oz), compared to 317 kg (10,193 oz) in Q1 2020, a decrease of 137 kg (4,406 oz), or 43%;

•     96 thousand tonnes of ore was processed with an average grade of 2.04 g/t;

•     The CIL plant was operating at the targeted throughput rate of 50 tonnes per working hour (>50 t/hour) and at the higher recovery rate of 92.5%;

•                 26 thousand tonnes of ore was mined which coincided with the production volume in the same period of the previous year. Stripping volume in Q1 2021 was 413 thousand m3 (+179 thousand m3, or 76% more than in the Q1 of 2020);

•     The average grade in Q1 2021 was 2.42 g/t, compared to 2.10 g/t in Q1 2020, an increase of 15%;

Production

Production unit	Q1 2021		Q1 2020		Change
Unit	kg	oz	kg	oz	kg	oz	%
Hard rock
Tardan (CIL)	209.7	6,743	278	8,938	(68.3)	(2,196)	(25%)
Alluvial
Solcocon	-	-	-	-	-	-	-

Tardan