Diggers and Dealers Forum

Kalgoorlie, 5th August 2013

David Quinlivan, President & CEO

TSX: ASR / ASX: AQG /1

Cautionary Statements
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.

TSX: ASR / ASX: AQG /2

Summary
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):

Major shareholder:

$259 M

Pala Investments

Dividend paid (30 April 2013):

$70 M

2012 production (attributable): 381,738 oz

H1/13 production (attributable): 183,677 oz

pler Gold Mine Turkey

On July 29, 2013, the Corporation paid US$58 million of Western Australian stamp duty taxes related to
the merger in 2011.

TSX: ASR / ASX: AQG /3

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
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

Frogs Leg

South Kalgoorlie
Higginsville

pler

TSX: ASR / ASX: AQG /4

The difference a year makes

Source: Thomson Reuters

TSX: ASR / ASX: AQG /5

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

South Kalgoorlie
Higginsville

pler

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

TSX: ASR / ASX: AQG /6

$60M Cost Savings Initiatives

Where savings are coming from

Higginsville mine development capex

$15M

Australian exploration

$10M

Turkey exploration
G&A and discretionary spending

$5M
$10M

Incremental production increases & cost

reductions across all mines
$20M
---------$60M
Investigating further cost savings measures

pler Gold Mine Turkey

TSX: ASR / ASX: AQG /7

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.

TSX: ASR / ASX: AQG /9

Artemis Orebody Plan: View 0588 Level

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 840N2

958ts @ 15.2 g/t for 469 Oz
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)

ART 0588 Level Development

3,365 Oz Mined
(as of 21/07/13)

5.1 g/t

32.6 g/t

2.3 g/t

1.5 g/t

33.9 g/t

6.7 g/t

8.7 g/t

RED weighted face grade

3.5 g/t

Green- vein grade

12.5 g/t

ART 0588 840S1

LQV grade

TSX: ASR / ASX: AQG /10

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

TSX: ASR / ASX: AQG /11

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

TSX: ASR / ASX: AQG /12

South Kalgoorlie Operations

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

Mining 28 Pit, South Kalgoorlie

TSX: ASR / ASX: AQG /13

SKO Exploration

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

5km flexure on major

fault with limited drilling
outside the +1Moz
Mt Marion deposit

5km flexure on the

prolific (>100Moz)
Boulder-Lefroy Fault
under moderate
cover with limited
drill testing

Summary of Australian Business Unit Guidance

Operation

ABU (Held for Sale)

2012 Gold
Production1
(000 ounces)

2013 Gold
Production1
(000 ounces)

2013 Cash
operating costs1
($/oz)

2013 Total
cash costs1 ($/oz)

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.

TSX: ASR / ASX: AQG /15

Turkey

pler Summary & Outlook

Physicals
Gold Pour pler

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.

TSX: ASR / ASX: AQG /17

pler Summary & Outlook

Financials

Q2 Cash Operating

Costs1:

Q2 Total Cash Costs1:

pler Gold Mine

$360/oz

$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

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.

TSX: ASR / ASX: AQG /18

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

TSX: ASR / ASX: AQG /19

pler SART Plant

Under construction with commissioning expected in Q4
SART Plant Construction

TSX: ASR / ASX: AQG /20

pler Exploration
Early-stage exploration indicates excellent potential for oxide gold discoveries

Exploration budget reduced by 22% in Turkey

pler Core Yard

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
TSX: ASR / ASX: AQG /21

pler District Geochemistry Coverage

TSX: ASR / ASX: AQG /22

Summary of 2013 pler Guidance

Operation

pler Attributable3

2012 Gold
H1 2013
Production1 Production1
(000
(ounces)
ounces)
151

98,239

2013 Gold
Production1
(000 ounces)

2013 Cash
operating
costs2
($/oz)

2013 Total
cash costs2
($/oz)

162 to 178

340 to 375

385 to 425

Gold Dore pler

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

TSX: ASR / ASX: AQG /23

Summary & Outlook

Conveyer, 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
TSX: ASR / ASX: AQG /24

Summary
Emphasis on maximizing value and shareholder returns
Maximizing
Free Cash
Flow

Minimizing
Project
Risk

Focus
on
Value

Maximizing
Portfolio
Value

Returning
Value to
Shareholders
TSX: ASR / ASX: AQG /25

TSX: ASR / ASX: AQG /26