ASSESSMENT OF A CANADIAN EXPLORATION COMPANY

Assessment by David I Groves, 2012 Using Corporate Slide Presentation, February 2012

AURO RESOURCES CORP (ARU)

• Management have extensive collective experience in the business and exploration/mining sectors, with specific expertise in Columbia

• Technical advisors are well qualified with extensive experience in South America

• Company has had expertise provided by the geological team that discovered the giant La Colosa deposit

• They have sufficient budget to carry out proposed exploration, including First-Phase drilling in 2012

ASSESSMENT OF MANAGEMENT AND TECHNICAL TEAM

COLOMBIA AS A GREAT GOLD DESTINATION

From NewGenGold Presentation by Richard Schodde of MinEx Consulting Pty Ltd

• Within Santander-Norte de Santander prolific gold region• Surata Gold Project is largest contiguous land package in the

California-Vetas world-class gold district• Surata property includes extensions of fault zones that

control gold deposits at California and Vetas• Some parts of property have similar geology and fertile

porphyries• Arboledas Project has artisinal workings in tenement• All prospects in an early phase of exploration

AURO RESOURCES TENEMENTS: SURA GOLD CAMP

• Large land position in Antioquia Gold District• 20 km from the Gramalote 2.4Moz deposit• Numerous artisinal workings in intrusion-

hosted stockworks-orogenic gold deposits?• Strong gold-in-soil geochemical anomalies

similar to those at Gramalote• Exploration still at an early stage

AURO RESOURCES TENEMENTS: EL TESORO PROJECT

• Large land position in an emerging porphyry Au-Cu district

• 5-20km from AngloGoldAshanti giant gold discovery

• Strong gold-in-soil geochemical anomalies, some continuous with La Colosa

• Exploration still at an early stage

AURO RESOURCES TENEMENTS: LA COLOSA WEST

• Auro Resources has an experienced management and technical team• It’s projects are in one of the “hot” gold provinces• It has one of the most extensive land positions in known world-class

gold provinces/districts for any junior company I have reviewed• There are indications from geological and geochemical data and the

presence of artisanal workings that there are robust gold targets on the properties

• Exploration is at an early stage in three highly prospective gold provinces, so a more comprehensive assessment is not possible at this stage

SUMMARY

• Large land position in Antioquia Gold District• 20 km from the Gramalote 2.4Moz deposit• Numerous artisinal workings in intrusion-

hosted stockworks-orogenic gold deposits?• Strong gold-in-soil geochemical anomalies

similar to those at Gramalote• Exploration still at an early stage

AURO RESOURCES TENEMENTS: EL TESORO PROJECT

• Large land position in an emerging porphyry Au-Cu district

• 5-20km from AngloGoldAshanti giant gold discovery

• Strong gold-in-soil geochemical anomalies, some continuous with La Colosa

• Exploration still at an early stage

AURO RESOURCES TENEMENTS: LA COLOSA WEST

• Auro Resources has an experienced management and technical team• It’s projects are in one of the “hot” gold provinces• It has one of the most extensive land positions in known world-class

gold provinces/districts for any junior company I have reviewed• There are indications from geological and geochemical data and the

presence of artisanal workings that there are robust gold targets on the properties

• Exploration is at an early stage in three highly prospective gold provinces, so a more comprehensive assessment is not possible at this stage

SUMMARY