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2017-11-01 11:25:00

Auriant Mining AB (publ) announcing Tardan construction update

Auriant Mining AB
Company Announcement

Auriant Mining AB (publ) announcing Tardan construction update

Auriant Mining AB (publ) is pleased to announce that Tardan Carbon-In-Leach
(CIL) plant construction project has started.

For a convenience of shareholders the Company launched a special web-site page
about Tardan construction.

The page in English is located here

The page in Swedish is located here

On these pages Auriant Mining will place information regarding CIL plant design
and construction process and updates on project milestones.

The Company is using net cash proceeds from latest rights issue to commence the
upgrade of the Tardan production facilities by introducing CIL technology,
which will increase the recovery rate from 60 per cent to about 90 per cent.

For more information, please contact:

Sergey Ustimenko, CEO

tel: +7 495 109 02 82


Company name: Auriant Mining AB

Short name: AUR

ISIN-code: SE0001337213

Twitter: @auriantmining

Auriant Mining AB (AUR) is a Swedish junior mining company focused on gold
exploration and production in Russia, primarily in Zabaikalye and the Republics
of Khakassia and Tyva. The company has currently four assets, including two
operating mines (Tardan and Solococon), one early stage exploration asset and
one development asset.

Since July 19, 2010, Auriant Mining´s shares are traded on First North Premier
at the NASDAQ OMX Nordic Exchange under the short name AUR. For more
information please visit Mangold Fondkommission is Certified
Adviser to Auriant, for more information please call +46 8 503 015 50 or visit

Cautionary Statement: Statements and assumptions made in this press release
with respect to Auriant Mining AB’s (“AUR”) current plans, estimates,
strategies and beliefs, and other statements that are not historical facts, are
forward-looking statements about the future performance of AUR. Forward-looking
statements include, but are not limited to, those using words such as "may",
"might", "seeks", "expects", "anticipates", "estimates", "believes",
"projects", "plans", strategy", "forecast" and similar expressions. These
statements reflect management's expectations and assumptions in light of
currently available information. They are subject to a number of risks and
uncertainties, including, but not limited to, (i) changes in the economic,
regulatory and political environments in the countries where AUR operates; (ii)
changes relating to the geological information available in respect of the
various projects undertaken; (iii) AUR’s continued ability to secure enough
financing to carry on its operations as a going concern; (iv) the success of
its potential joint ventures and alliances, if any; (v) exchange rates,
particularly between the Russian rouble and the U.S. dollar. In the light of
the many risks and uncertainties surrounding any gold production and
exploration company at an early stage of its development, the actual results
could differ materially from those presented and forecast in this report. AUR
assumes no unconditional obligation to immediately update any such statements
and/or forecasts

This press release does not constitute an offer to subscribe for shares in AUR,
and shall not, directly or indirectly, be released, published or distributed in
or to the United States, Australia Japan, Canada, New Zealand, Hong Kong, South
Africa or other country where such action as a whole or in part is subject to
legal restrictions. Nothing in this press release should be considered as an
offer to invest or otherwise trade in shares of Auriant Mining AB (publ). The
proposed issue will not be directed at residents or those living in the United
States, Australia, Japan, Canada, New Zealand, Hong Kong, South Africa or other
country where such action would require further prospectus, other offering
documentation, registration or other measures beyond those required by Swedish
law. No securities will be registered under the United States Securities Act of
1933, a similar law in any state in the United States, or under any provincial
law in Canada, nor under the applicable law of another country.

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