Yaoure

pending

Amara Mining plc (“Amara” or the “Company”) is a London-based junior mineral exploration and development company focused on developing its wholly-owned Yaoure gold project (“Yaoure” or the “Project”) in central Côte d’Ivoire. Yaoure is the largest undeveloped gold project in the country in terms of mineral resources with total NI 43-101 compliant resources of 6.8 million ounces (“Moz”), including 4.4 Moz indicated (106.3 Mt @ 1.29 g/t Au) and 2.4 Moz inferred (63 Mt @ 1.19 g/t Au) based on a US$1,500 / oz pit shell and a cut-off grade of 0.5 g/t Au. The Company completed a Preliminary Economic Assessment (“PEA”) in March 2014 to assess the potential for future mine development. Results from the PEA indicate that Yaoure has robust economics and as such, the Company is proceeding to complete a Prefeasibility Study (“PFS”) which is due at the end of April 2015. Amara is then expected to complete an Environmental and Social Impact Assessment (“ESIA”) and a Bankable Feasibility Study (“BFS”) by the end of 2015, the final milestone to confirm the commercial viability of the deposit.