Auriant Mining AB (publ.) publishes 12m 2021 operational update

Highlights:

• In 12m 2021, total gold production amounted to 910.8 kg (29,283 oz), compared to 964.7 kg (31,014 oz) in 12m 2020, a decrease of 6%, or 53.9 kg (1,731 oz), but in line with the 2021 production plan;
• Hard rock gold production was 893.3 kg (28,720 oz), compared to 952.7 kg (30,629 oz) in 12m 2020, a decrease of 6%, or 59.4 kg (1,909 oz);
• Alluvial gold production amounted to 17.5 kg (563 oz), compared to 12.0 kg (386 oz) in 2020, an increase of 46%, or 5,5 kg (178 oz);
• 12m 2021, total gold sales were 818.5 kg (26,316 oz), compared to 946.4 kg (30,428 oz) in 12m 2020, a decrease of 127.9 kg (4,112 oz), or 14%;
• 428,300 tonnes of ore were processed with an average grade of 2.30 g/t;
• In 12m of 2021, the CIL plant operated for 8,004 hours at an increased throughput rate of 53.5 tonnes per working hour (>50 t/hour) and at the targeted recovery rate of 91.2%;
• 458,500 tonnes of ore were mined in 12m 2021, compared to 387,200 tonnes in 12m 2020, an increase of 71,300 tonnes or 18%. Stripping volume in 12m 2021 was 1.86 million m3 (+956,900 m3, or 106% more than in the 12m of 2020);
• The average grade in 12m 2021 was 2.32 g/t, compared to 2.42 g/t in 12m 2020, a decrease of 4%. The mined average grade is in line with the Mineplan;
• Overall, the 2021 Production was in line with the company’s forecast.

Total Gold Production

Production unit	12m 2021		12m 2020		Change
	kg	oz	kg	oz	kg	oz	%
Hard rock
Tardan (CIL)	893.3	28,720	952.7	30,629	-59.4	-1,909	-6%
Alluvial
Staroverinskaya	17.5	563	12.0	386	5.5	178	46%
Total gold produced	910.8	29,283	964.7	31,014	-53.9	-1,731	-6%

Hard Rock Gold Production