AuRico Delivers Another Year of Consolidated Annual Production that Achieves Guidance

In 2014, AuRico continued to deliver on our commitment to operational excellence and shareholder value creation and reported another year of growing production and declining costs at our cornerstone Young-Davidson mine and stable performance from our El Chanate mine. In 2014, Company-wide production increased by 39% over the prior year to 224,032 gold ounces, at cash costs of $779 per gold ounce.

During the year, the Young-Davidson team remained focused on driving operational and cost efficiencies throughout the operation and their success is evidenced in the results reported from this high quality operation. In 2014, Young-Davison reported production at the high end of the guidance range at underground cash costs at the mid-range of guidance.

The fourth quarter of 2014 marked the eleventh consecutive quarter of record gold production at Young-Davidson as well as the operation’s transition to positive net free cash flow status with the operation reporting an impressive $9 million in net free cash flow. The transition to positive net free cash flow at only the mid-point of Young-Davidson’s ramp-up underpins our confidence that even in the current gold price environment the Young-Davidson mine will continue to generate a positive free cash flow stream going forward.

For a detailed profile of the Company's asset portfolio, please refer to AuRico Gold's 2014 Annual Information Form.

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