Avocet Mining

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Avocet Mining – a leadingWest African gold miningand exploration companyAVOCET MINING INVESTOR PRESENTATION * APRIL 2012Page 22
AVOCET MINING HISTORY• 1996 - Listed on LSE with a market capitalisation of £72m- Gold deposits in Peru- Operating gold mine in Penjom, Malaysia- Tungsten interests in Portugal, Peru and California• 1999 - Divested tungsten operations to focus on gold• 2002 - Moved to AIM, with a market capitalisation of £12m- Acquired 80% in North Lanut, Indonesia- Acquired 49% interest and management control in gold mining companyZGC in Tajikistan• 2007 - Disposed of Tajikistan gold operations ZGC• 2008 - Acquisition of the Seruyung gold exploration project in Kalimantan, Indonesia• 2009 - Acquired Wega Mining and the Inata gold project, Burkina Faso- Poured first gold at Inata Mine• 2010 - Disposed of the Houndé licences in Burkina Faso to Avion- Listed on the Oslo Axess list of the OSE- Agreed disposal of all South East Asian assets• 2011 - Listed on Main Market of LSE- Market capitalisation of £434m- Joined FTSE 250 index in March 2012AVOCET MINING INVESTOR PRESENTATION * APRIL 2012Page 23
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 and 20: WAY FORWARDAVOCET MINING INVESTOR P
Page 21: AVOCET MINING1Established productio
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

Avocet Mining

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