Avocet Mining

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PRODUCTION GROWTHAnnual production (oz.)600,000500,000400,000300,000200,000100,000Inata Inata expansion (phase 1)Inata expansion (phase 2)Koulekoun, Guinea250,000 +Start-upStart-up80,000Start-up80,000 80,000167,000 160,000 160,000 160,000 160,00002011 2012 2013 2014 2015On track to exceed production of 500,000 oz by 2015AVOCET MINING INVESTOR PRESENTATION * APRIL 2012Page 20
AVOCET MINING1Established production base of ± 160,000 oz. pa at Inata2Expansion of Inata Mine to minimum of 240,000 oz.3Development of existing resource at Koulékoun to 250,000 oz. pa mine4Driven by strong management team with extensive local and global experience5Achieved with strong balance sheet and cash generative earningsAVOCET MINING INVESTOR PRESENTATION * APRIL 2012Page 21
Page 1 and 2: Avocet MiningInvestor Presentation
Page 3 and 4: INTRODUCTIONAVOCET MINING INVESTOR
Page 5 and 6: 2012 KEY OBJECTIVESCommence expansi
Page 7 and 8: OPERATIONSAVOCET MINING INVESTOR PR
Page 9 and 10: BURKINA FASO• Rapidly expanding m
Page 11 and 12: INATA GOLD MINE - 2012 AND BEYOND
Page 13 and 14: INATA GOLD MINE - 2012 AND BEYOND
Page 15 and 16: GUINEA• Untapped mineral potentia
Page 17 and 18: KOULÉKOUN - 2011• Within Tri-K,
Page 19: WAY FORWARDAVOCET MINING INVESTOR P
Page 23 and 24: AVOCET MINING HISTORY• 1996 - Lis
Page 25 and 26: 2011 CASH COSTS80060096483140020053
Page 27 and 28: 2011 PROCESSING CASH COSTS11.010.09
Page 29 and 30: MINERAL RESOURCES AND RESERVES: SOU

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