AuRico Gold Completes the Sale of Ocampo

                   AuRico Gold Completes the Sale of Ocampo

  PR Newswire

  TORONTO, December 14, 2012

TORONTO, December 14, 2012 /PRNewswire/ --

AuRico Gold Inc. (TSX: AUQ) (NYSE: AUQ), ("AuRico" or "the Company") is
pleased to announce that it has completed the sale of the Ocampo mine and
adjacent exploration projects "Venus" and "Los Jarros", located in Chihuahua,
Mexico, to Minera Frisco, S.A.B. de C.V ("Minera Frisco"). Minera Frisco has
also acquired a 50% interest in the Orion advanced exploration project and a
joint venture agreement is currently being negotiated.

Total cash consideration paid at closing by Minera Frisco was US$750 million.
AuRico will use the net proceeds from the sale to eliminate certain debt
obligations, invest in internal growth opportunities, provide sufficient
working capital and liquidity for the Company and undertake a significant
return of capital to shareholders.

"With our divestment strategy complete, AuRico emerges with a streamlined
asset base, growing production and free cash flow profile, and a peer-leading
balance sheet. The Company is now in a position to focus on delivering
consistent performance from our two low-cost, long-life core assets located in
Canada and Mexico as well as our commitment to shareholder-friendly
initiatives," said Scott Perry, President and Chief Executive Officer.

About AuRico Gold

AuRico Gold is a leading Canadian gold producer with mines and projects in
North America that have significant production growth and exploration
potential. The Company is focused on its core operations including the
Young-Davidson gold mine in northern Ontario which declared commercial
production on September 1, 2012 and the El Chanate mine in Sonora State.
AuRico's project pipeline also includes advanced development opportunities in
Mexico and British Columbia. AuRico's head office is located in Toronto,
Ontario, Canada.

                             Cautionary Statement

Certain information included in this news release constitutes forward-looking
statements, including any information as to our projects, plans and future
financial and operating performance. All statements, other than statements of
historical fact, are forward-looking statements. The words "expect",
"believe", "anticipate", "will", "intend", "estimate", "forecast", "budget",
"schedule" and similar expressions identify forward-looking statements.
Forward-looking statements are necessarily based upon a number of factors and
assumptions that, while considered reasonable by management, are inherently
subject to significant business, economic and competitive uncertainties and
contingencies. Known and unknown factors could cause actual results to differ
materially from those projected in the forward-looking statements. Such
factors include, but are not limited to: changes to current estimates of
mineral reserves and resources; fluctuations in the price of gold and silver;
changes in foreign exchange rates (particularly the Canadian dollar, Mexican
peso and U.S. dollar); the impact of inflation; changes in our credit rating;
employee relations; litigation; disruptions affecting operations; availability
of and increased costs associated with mining inputs and labor; development
delays at the Young-Davidson mine; technical challenges associated with the
construction of capital projects; operating or technical difficulties in
connection with mining or development activities; inherent risks associated
with mining and mineral processing; the risk that the Young-Davidson, El
Chanate and Ocampo mines and may not perform as planned; the ability to
realize the perceived benefits from the acquisition of Capital Gold and
Northgate; the ability to conclude a joint venture agreement with Minera
Frisco; uncertainty with the Company's ability to secure capital to execute
its business plans; the speculative nature of mineral exploration and
development, including the risks of obtaining necessary licenses and permits;
contests over title to properties; changes in national and local government
legislation in Canada, Mexico and other jurisdictions in which the company
does or may carry on business in the future; risk of loss due to sabotage and
civil disturbances; risks arising from holding derivative instruments;
business opportunities that may be pursued by, the company; and the ability of
the company to successfully integrate acquisitions. Many of these
uncertainties and contingencies can affect our actual results and could cause
actual results to differ materially from those expressed or implied in any
forward-looking statements made by, or on behalf of, us. Readers are cautioned
that forward-looking statements are not guarantees of future performance. All
of the forward-looking statements made in this third quarter report are
qualified by these cautionary statements. Specific reference is made to the
most recent Form 40-F/Annual Information Form on file with the SEC and
Canadian provincial securities regulatory authorities for a discussion of some
of the factors underlying forward-looking statements. The company disclaims
any intention or obligation to update or revise any forward-looking statements
whether as a result of new information, future events or otherwise, except as
required by applicable law. 

For further information:

For further information please visit the AuRico Gold website at or contact:

Scott Perry Chief Executive Officer AuRico Gold Inc. +1-647-260-8880Anne Day
Vice President, Investor Relations and Communications AuRico Gold Inc.

Press spacebar to pause and continue. Press esc to stop.