Au - Alacer Gold DQ Diggers Presentation FINAL

TSX: ASR / ASX: AQG /1

Diggers and Dealers Forum

Kalgoorlie, 5th August 2013

David Quinlivan, President & CEO

FORWARD-LOOKING STATEMENTS Except for statements of historical fact relating to Alacer Gold Corp. (Alacer), certain statements contained in this presentation constitute forward-looking information, future oriented financial information, or financial outlooks (collectively "forward-looking information") within the

meaning of Canadian securities laws. Forward-looking information may be contained in this presentation and Alacer's public filings. Forward-looking information

often relates to Alacer's future outlook and anticipated events or results and, in some cases, can be identified by terminology such as "may", "will", could, "should", "expect", "plan", "anticipate", "believe", "intend", "estimate", projects, "predict", "potential", "targeted", "possible", "continue", "objective" or other similar expressions concerning matters that are not historical facts. Forward-looking information contained in this presentation and other Alacer filings which may prove to

be incorrect, include statements concerning, among other things, the sale of Alacers Australian assets, including whether Alacer will be successful in selling the assets; the generation of free cash flow and payment of dividends; the ability to generate profits given the price of gold; matters relating to proposed exploration;

production guidance and ability to target high grade ore bodies; the study, development and construction of proposed mines and process facilities; including the

development of Alacers pler Mine and the preparation and dissemination of technical studies. Such forward-looking statements are based on a number of material factors and assumptions, which Alacer believes are reasonable, including, but not limited in any manner, to those to disclosed in any other of Alacers public filings, and include the inherent speculative nature of exploration results; the ability to explore; governmental relations; commodity prices; the ultimate

determination of and realization of mineral reserves; existence or realization of mineral resources; the development approach; availability and final receipt of

required approvals, titles, licenses and permits; and supplies; foreign currency exchange rates; interest rates; access to capital markets and associated cost of

funds; availability of a qualified work force; ability to negotiate, finalize and execute relevant agreements; lack of social opposition to the mines or facilities; lack of

legal challenges with respect to the property of Alacer; the timing and amount of future production and ability to meet production targets; timing and ability to

produce studies and analyses; capital and operating expenditures; availability of sufficient financing; the ultimate ability to mine, process and sell mineral products

on economically favorable terms and any and all other timing, exploration, development, operational, financial, budgetary, economic, legal, social, regulatory and

political factors that may influence future events or conditions. Actual results may vary from such forward-looking information for a variety of reasons, including but

not limited to risks and uncertainties disclosed in other Alacer filings at www.sedar.com. Forward-looking statements are based upon managements beliefs, estimate and opinions on the date the statements are made and, other than as required by law, Alacer does not intend, and undertakes no obligation to update

any forward-looking information to reflect, among other things, new information or future events.

The exploration results and Mineral Resources disclosure in this presentation have been compiled and approved by Mr. Chris Newman, BSc (Hons), MAusIMM,

MAIG, Chief Exploration and Geology Officer of Alacer. The Mineral Reserves disclosure in this presentation has been compiled and approved by Mr. Paul

Thompson, BSc (Hons), FAusIMM, Vice President, Technical Services of Alacer. The Mineral Reserves for HBJ underground and Frogs Leg in this presentation have been compiled and approved by Mr. Tony James, B.Eng, AWASM, FAusIMM (President, Australian Operations for Alacer). Mr. Newman, Mr. Thompson and

Mr. James have sufficient experience which is relevant to the style of mineralization and type of deposit under consideration and to the activity which is being

undertaken to qualify as a Competent Person as defined in the 2004 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves and a Qualified Person pursuant to NI 43-101. They consent to the inclusion in this presentation of the matters based on this information in the form and context in which it appears.

This presentation does not represent a solicitation or offer to sell securities. All dollars in this presentation are US$s.

Cautionary Statements


Market capitalization: ~ $700 M

Shares on issue: 289 M

Fully diluted shares: 292 M

Daily turnover: ~ 2.1 M

Cash (30 June, 2013)1: $268 M

Debt (30 June, 2013): $5 M

Working capital (30 June, 2013): $259 M

Major shareholder: Pala Investments

Dividend paid (30 April 2013): $70 M

2012 production (attributable): 381,738 oz

H1/13 production (attributable): 183,677 oz 1 On July 29, 2013, the Corporation paid US$58 million of Western Australian stamp duty taxes related to the merger in 2011.

Summary


pler Gold Mine Turkey

Diggers & Dealers 2012

Snapshot of Alacer - August 2012


Gold price: ~USD1,610/oz AUD/USD: ~1.05 Strong balance sheet H1/12 attributable production: 187,361oz Q2/12 total cash costs1 (TBU): $347/oz Q2/12 total cash costs1 (ABU): $1,132/oz

Ownership:

80% pler 100% Higginsville 100% South Kalgoorlie 49% Frogs Leg

$58M Exploration Program - 2012:

$24M - pler $18M - Higginsville Gold Operations $16M - South Kalgoorlie Operations

South Kalgoorlie

Higginsville

Frogs Leg

pler

1Total cash costs is a non-IFRS financial performance measure with no standardized definition under IFRS. For further information, see the

Non-IFRS Measures section of the MD&A for the three month period ended June 30, 2012

The difference a year makes


Source: Thomson Reuters

Diggers & Dealers 2013

Snapshot of Alacer - August 2013


Gold price: ~USD1,310/oz 20% AUD/USD: ~0.89 15% Strong balance sheet H1/13 attributable production: 186,244oz Q2/13 Total cash costs1: $395/oz (TBU) Q2/13 Total cash costs1: $1268/oz (ABU)

Sold 49% interest in Frogs Leg Mine Commenced 18mth toll treatment deal Demobilized 3 mining fleets at SKO Delayed development at Higginsville Renegotiated key contracts Cut exploration budget $60M increased production & cost savings Announced pursuing ABU sale process

pler

1Total cash costs is a non-IFRS financial performance measure with no standardized definition under IFRS. For further information, see the Non-IFRS Measures section of the MD&A for the three month period ended June 30, 2013.

South Kalgoorlie

Higginsville

Higginsville mine development capex $15M

Australian exploration $10M

Turkey exploration $5M

G&A and discretionary spending $10M

Incremental production increases & cost reductions across all mines $20M ----------

$60M

Investigating further cost savings measures

$60M Cost Savings Initiatives

Where savings are coming from


pler Gold Mine Turkey

Australia

Q2 Performance

Australian Business Unit


On April 5, divestment of Frogs Leg for $149M funded repayment of $50M loan and $70M special dividend

Q2 production at ABU 41,622oz 26% Q1/13 Started to access the higher grades at

Higginsvilles Artemis, Helios and Olympus in July

Record week of production in July of 5,100oz at Higginsville

Q2 Total cash costs1 $1,268/oz July reconciled gold grade 4.8g/t at Higginsville

Pernatty Pit South Kalgoorlie

1Total cash costs is a non-IFRS financial performance measure with no standardized definition under

IFRS. For further information, see the Non-IFRS Measures section of the MD&A for the three month period ended June 30, 2013.

Artemis Orebody Plan: View 0588 Level


ART 0588 840S2 2,949ts @ 10.8 g/t for 1029 Oz ART 0588 840N1

2,504s @ 20.0 g/t for 1,613 Oz (uncut for 1,784 Oz)

Artemis 2013 Resource (Top Cut @ 210 g/t) 16.8 g/t - Block Model 19.2 g/t Raw

Artemis Mining Av 10.4 g/t 6.6 g/t - Development grade 12.0 g/t Stope grade

ART 0588 840S2 2,949ts @ 10.8 g/t for 1029 Oz

ART 0588 840N2 958ts @ 15.2 g/t for 469 Oz

12

.5 g

/t

3.5

g/t

8.7

g/t

6.7

g/t

33

.9 g

/t

1.5

g/t

2.3

g/t

32

.6 g

/t

5.1

g/t

ART 0588 840S1

LQV grade

A

A

Green- vein grade

RED weighted face grade

ART 0588 Level Development 3,365 Oz Mined (as of 21/07/13)

Update on Sale Process

Australian Business Unit


Announced initiation of sales process June 12

A number of interested parties have conducted due diligence including site visits

If no acceptable offers received from the sale process, Alacer will pursue alternative options to generate the best value in current gold price environment

Expecting to announce a clear path forward within the month

Higginsville Exploration

Reduced program for 2013


Q2 drilling: 52,734m

New mineralized position identified north of Apollo and above Helios

Trident style mineralization in broad spaced drilling identified at Vine

Reduction in exploration

spend in H2/13 Drill rigs reduced from 6 to 1

18 month toll treatment agreement with La Mancha at the Jubilee processing plant to June 2014

Single fleet mining from SBS28 Complex Pit 28, Barbara and Surprise

South Kalgoorlie Operations


Mining 28 Pit, South Kalgoorlie

SKO Exploration

5km flexure on the prolific (>100Moz)

Boulder-Lefroy Fault under moderate

cover with limited drill testing

5km flexure on major fault with limited drilling

outside the +1Moz Mt Marion deposit

Historical high-grade (>20g/t) mining centre with minimal drilling on Tindals Anticline

Summary of Australian Business Unit Guidance


Operation

2012 Gold

Production1 (000 ounces)

2013 Gold Production1

(000 ounces)

2013 Cash operating costs1

($/oz)

2013 Total cash costs1 ($/oz)

ABU (Held for Sale) 177 168 to 187 995 to 1,100 1,140 to 1,250

Trident Mine, Higginsville

1Total cash costs and cash operating costs are non-IFRS financial performance measures with no

standardized definitions under IFRS. For further information, see the Non-IFRS Measures section of the MD&A for the three month period ended June 30, 2013.

Turkey

pler Summary & Outlook


Located 550km east of Ankara near town of li

Attributable Measured & Indicated Resources of 6.8Moz

Attributable Inferred Resources of 1.1Moz

Attributable Reserves of 3.5Moz

Record total production in Q2 of 68,196oz

H1 attributable production of 98,239oz

Updated M&I resources have more than replaced mining since last resource update

Positive grade reconciliation of 11% on the new resource model

In July, reached 500,000oz milestone

1Total cash costs and cash operating costs are non-IFRS financial performance measures with no standardized definitions under IFRS. For further information, see the Non-IFRS Measures section of the MD&A for the three month period ended June 30, 2013.

Physicals Gold Pour pler

pler Summary & Outlook

Financials


Q2 Cash Operating Costs1: $360/oz

Q2 Total Cash Costs1: $395/oz

H1 Cash Operating Costs1: $376/oz

H1 Total Cash Costs1: $415/oz

Generated $41M of cash flow during Q2

Q2 total ore tonnes mined

Oxide: 1,773,536 @ 2.17g/t

Sulfide: 414,703 @4.68g/t

Waste tonnes mined: 5,241,673

pler Gold Mine

1Total cash costs and cash operating costs are non-IFRS financial performance measures with no standardized definitions

under IFRS. For further information, see the Non-IFRS Measures section of the MD&A for the three month period ended June 30, 2013.

pler Project Work


Low cost heap-leach operation with future processing options being reviewed

Stacking pler Ore

Operating focus on maximizing value from existing open pit and heap leach oxide operations

Number of key upgrades to the current oxide heap leach operation in progress at pler:

SART plant (commissioning in Q4)

New clay sizer (commissioning Q4)

Undertaking extensive review of processing methods for oxide and sulfide in order to be financially prudent in lower gold price environment

pler SART Plant


Under construction with commissioning expected in Q4

SART Plant Construction

pler Exploration

Early-stage exploration indicates excellent potential for oxide gold discoveries


Exploration budget reduced by 22% in Turkey to $25.8M (100% basis)

pler Mine Exploration Defining oxide resource limits Focus on infill and extensional drilling of oxide

to optimize the open pit mine plan

pler District Exploration Large license area with significant gold-in-soil

anomalies (>30ppb) identified

Soil geochemical surveys to be completed over remaining >65% of pler District tenure in 2013

$12M exploration forecast to focus on drilling near-surface oxide targets

Lodged 14 new licence applications with mining bureau

pler Core Yard

pler District Geochemistry Coverage


1 gold production does not include 49% interest in Frogs Leg Mine

2 Cash operating costs and total cash costs are non-IFRS financial performance measures with no standardized definitions under IFRS. For further information, see the Non-IFRS Measures section of the MD&A for the three month period ended June 30, 2013.

3 Attributable gold ounces and attributable capital expenditures are reduced by the 20% non-controlling interest at pler

Summary of 2013 pler Guidance


Operation

2012 Gold

Production1 (000

ounces)

H1 2013 Production1

(ounces)

2013 Gold Production1

(000 ounces)

2013 Cash operating

costs2 ($/oz)

2013 Total cash costs2

($/oz)

pler Attributable3 151 98,239 162 to 178 340 to 375 385 to 425

Gold Dore pler

Responding to current gold price environment:

Continuing to pursue further cost reductions and high-margin ounces

Crystalizing maximum value from Australian mines through restructured operating plan

Outlook:

Higher Higginsville grades driving strong H2 free cash flow from Australian Business Unit

Continuing low-cost high margin gold production from pler

Focus now firmly on determining optimal path for staged development of pler

Summary & Outlook


Conveyer, pler

Summary


Emphasis on maximizing value and shareholder returns

Focus

on

Value

Maximizing

Free Cash

Flow

Maximizing

Portfolio

Value

Returning

Value to

Shareholders

Minimizing

Project

Risk

Au - Alacer Gold DQ Diggers Presentation FINAL

Documents

Transcript of Au - Alacer Gold DQ Diggers Presentation FINAL