ERRATUM – Monthly production and exploration update: January 2022

ERRATUM - Monthly production and exploration update: January 2022

CORRECTION - In the press release dated 03/01/2022 at 08h00, the Zinc and Lead Concentration levels were reversed in the MOROCCO paragraph. The press release has been modified to reflect the correct values.

Auplata Mining Group - AMG (Euronext Growth - FR0013410370 - ALAMG), provides an update on production for January 2022 in French Guiana, Peru, and Morocco, together with an update of its exploration campaign in French Guiana and Peru.

FRENCH GUIANA

The suspension conditions stated in article 2 of the decree dated December 20, 2021 (click here to read the press release dated December 31, 2021), were lifted in February 2022 (click here to read the press release dated February 21, 2022). There was no production in French Guiana in January 2022.

PERU

January 2022

Total 2022

Ore processed (in tons)

11,501

Zinc Concentrate (in tons)

997

Lead Concentrate (in tons)

422

Copper Concentrate (in tons)

41

11,501 997 422 41

MOROCCO

January 2022

Total 2022

Ore processed (in tons)

Zinc Concentrate (in tons)

Lead Concentrate (in tons)

28,660 215 2,020

28,660 215 2,020

EXPLORATION IN FRENCH GUIANA

The preliminary evaluation of the "César" site will start this year with the following work:

• - Definition and resource drilling;

• - Geostatistical analysis;

• - Design of the mine and metallurgy;

• - Necessary starting infrastructure;

• - Economic analysis.

This work will continue with a feasibility study that should be completed by the end of 2022 and that could then allow for the development of the mine in 2023.

Exploration will continue this year on the "Couriège" site, with the preparation of the drilling campaignand the third IP-MAG geophysical campaign.

The main objective of the campaign is to circumscribe a mineralized corridor of more than 3km on the axis between "Dieu-Merci" and "Couriège".

EXPLORATION IN PERU

A total of 1,865 samples were taken at the "El Santo" mine, 1,026 of which were primary samples and 376 were QAQC (Quality Assurance and Quality Control) samples. These samples range from DDH-ES-21-001 to DDH-ES-21-015.

• - DDH-ES-21-003: "El Angel" Vein 102.15 - 105.20 m. (2.64 m thickness) @ 0.04 g Au / t, 2.39 OzAg / t, 0.23% Cu, 5.96% Pb and 3.73% Zn.

• - DDH-ES-21-003: 121.00 - 123.00 m. (1.73 m thickness) @ 0,01 g Au/t, 2,56 Oz Ag/t, 0,83% Cu, 4.19% Pb and 12.20% Zn.

- DDH-ES-21-015

Economic mineralization is controlled by replacement with base metal precipitation (Cu-Pb-Zn).

Fig. 1

Fig. 2

Figure 1 : 758m deep section. Presence of Chalcopyrite (Cu), Magnetite, Specularite and Sphalerite (Zn).

Figure 2 :. 782m deep section. Presence of Chalcopyrite (Cu), Magnetite, Pyrrhotite, and Specularite.

"Sandra 104", adjacent to the "El Santo" Mine (Sandra 105): 213 ha of an initial program of 187 ha have been mapped out. Several structures were identified, surface geochemistry was carried out, along with an IP-MAG campaign of the area.

Lucero

Vein

At "San Miguel" diamond drilling has revealed deep sericite alteration with sulphide veinlets (Tetrahedrite, Galena, Sphalerite, Chalcopyrite, Pyrite), with the presence of Molybendum. These veins indicate gradation towards a deep porphyry-esque system.

AMG in brief

Auplata Mining Group - AMG, incorporated in July 2004 and listed on the Paris Stock Exchange (Euronext Growth) since December 2006, is a polymetallic exploration and mining group. AMG is present in French Guiana and, through its subsidiaries, in Peru, Morocco (listed on the Casablanca Stock Exchange), and Ivory Coast. AMG is pursuing a dynamic, sustainable, and innovative industrial and financial strategy to develop high-potential precious and base metal deposits with the involvement of local players. The company's objective is to produce the metals of tomorrow necessary for the energy transition in an environmentally responsible manner while striving to provide France with a national source of supply of strategic metals.

ISIN: FR0013410370- ALAMG; ICB: 1777 - Gold Mining.

For more information on Auplata Mining Group :www.auplatamininggroup.com

Contacts

ACTUS FINANCE

Mathieu Omnes	Investor Relations	[e-mail]	01 53 67 36 92
Amaury Dugast	Media Relations	[e-mail]	01 53 67 36 74